He was also asked about his use of chartered aircraft as Energy Secretary. This is three hours. [indiscernible] take your seats please. The chair will recognize himself. Five minutes for the opening statement. Welcome mr. Secretary, it is great to have you here. The hearing will examine the department of Energy Management adMission Priorities under the leadership of secretary rick perry. Im very pleased to welcome him this morning for his first appearance before this subcommittee. D. O. E. Performs essential security missions. It plays a central role in ensuring that the nations Domestic Energy security. And also stewarding americas Strategic Energy interests in the international markets. Ensuring the nations Domestic Energy security and sorting americas Strategic Interests in the international markets. It performs challenging cleanup operations to address its vast environmental and Nuclear Waste liabilities and provides key energy data and supports foundational science and Technologic
I ask our guests to take their seats, please. The subcommittee on energy and power will now come to order and the chair will recognize himself for five minutes for an opening statement. First of all, welcome, mr. Secretary. Its great to have you here. And todays hearing is going to examine the department of energys management and Mission Priorities under the leadership of secretary rick perry. Im very pleased to welcome this morning for his first appearance before the subcommittee. It performs essential Nuclear Security and National Security missions. It plays a central role in ensuring the nations Domestic Energy security and sorting americas Strategic Interests in the international markets. It performs challenging cleanup operations to address its vast environmental and Nuclear Waste liabilities and provides key energy data and supports foundational science and Technological Development to advance the benefits of all forms of energy and Energy Delivery to ensure the longterm security
Travis kalanick is out as investors try to move past scanda scandals jack ma on why globalization is good david will sit down with him Martha Stewart shares her take on the state of retail the media mogul is going to join us live. First up, Travis Kalanick is out as ceo of uber bill gurley this morning, big investor in uber said books will be written about kalanicks entrepreneurship and few have changed industries the way he has. Yeah. Adam lashinski wrote a fantastic book fortune writer that came out four weeks ago about kalanick had he to break billions of eggs to make a couple of really fabulous omelets its almost as if i dont want to say his job was done, but i would say that you got in there and it wouldnt be so bad to have a more a lesser addict story. Personal tragedy you have to weigh this i think obviously the people got an image of what the company was like inside that was a little bit distressing. Listen, this guy did it. And i dont think theres enough good being said. I kno
All right, a lot of news to kick off with. That the week that investors will focus on. Not a lot of Economic Data in the u. S. This week to drive markets. Everything from washington to , listening to what janet yellen has to say about Interest Rate hikes going forward. Lot of focus on Balance Sheet reduction, but also a recognition among fed and the and president s fed chief herself that inflation will remain low going forward. We continue to watch fed fund futures. Is what we are seeing when it comes to a possible rate hike for december. It has come down a bit from the fed minutes last week. The topic will be Financial Stability in wyoming. Any thing from janet yellen that could send a hawkish signal. Mario draghi more than janet yellen, reports that he is not planning any surprises, but he may talk down the euro. He has had a tough time with a lower dollar. That is complicating matters. A reminder for viewers on how markets closed friday, another day of jitters, but not as much. When
The busiest days we have had in a while. Extending declines at the end of the week, said to be dominated by the central bankers. We are seeing persistent, low inflation. The dollaryen and gold are train lets get straight to the bloomberg first word news. Reporter off the coast of singapore, 10 sailors have been injured and search and rescue efforts are underway after the uss john mccain collided with a cargo ship. Significant damage to the hull triggered this. South korea begin their military drills today, actions that could lead to war. This follows weeks of heightened tensions, including kim jong guam. Hreat to attack the u. S. , mexico and canada have ended the first run of talks on the north american trade agreement, saying commitment to wrapping up the negotiations with a farreaching deal. The next out of talks is scheduled for the start of next month in mexico. A then moved to canada later in september and back to the u. S. In october. Additional rounds are being planned for the