Administration to ban travelers from some muslim majority nations. The airline says the cuts will impact five of its 12 u. S. Destinations. Global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Caroline im caroline hyde. This is Bloomberg Technology. Coming up, tech giants continue to report earnings. Qualcomm out with numbers. The chipmaker beat expectations amid its high profile court battle with apple. Plus, the life of an apple supplier is about to get even tougher. We will unveil the companys plans to expand its design of components. Grabbed ther interest of highprofile tech investors, but now it is feeling squeezed. First, qualcomm reporting secondquarter results that beat analyst expectations and revenue that topped estimates. A 1. 34 earning per share. We will see that the bloomberg is showing you there it is, up almost three percentage points. Seeing thisare Movement Even amid the Ongoing Court battle wit
France and italy are positive. The dax in germany lower by a fraction of 1 . In asia, major markets are mixed at this hour among the headlines out of the region. Growth in Chinese Services sector slipping to a sixmonth low in july. The nonmanufacturing pmi showed new orders rose at the weakest rate in at least a year. Brian, the nikkei is down slightly but the rest of the major averages across asia are slightly higher. Kayla, thank you very much. Folks do think its a slow summer week. You better think again because another big round of earnings are coming your way. Among the Companies Set to post numbers this week, aig, disney, time warner, aol, fox, cbs, wendys and hundreds more. The wall street journal reporting overall revenue in s p 500 companies seat to rise 4. 3 from last years second quarter. And that, folks, marks the fastest growth since the Fourth Quarter of 2013. The article also notes other companies that have already reported their earnings. Twothirds have beat the sales t
Kimberly now, coworkers of yvonne selke describe her at Booz Allen Hamilton as wonderful and dedicated. Similar praise for her daughter emily seen her on her sororitys twitter page. And also emily worked for carr workplaces and they described emily as an Outstanding Young woman. Live in the newsroom, kimberly suters, abc 7 news. Back to you. Maureen thank you. As we said there was a third american on board that flight. The state department has confirmed that. So far no information on the persons identity has been made public. Abc 7 will bring you the new information as it becomes available. An update now on a tragic accident that claimed the life of a 2yearold girl in bowie. A funeral was held today for dynasty timaras, she was killed two weeks ago as she and her grandmother tried to cross route 197. More than 250 people contributed to a go fund me website raising 13,000 to pay for the childs funeral. The army has charged Sergeant Bowe bergdahl with ddesertion and misbehavior before th
The brilliant fighting of black troops have ensured the salvation of the union. The fact that africanamerican soldiers had defeated lee lent additional symbolic meaning to the surrender for me and his army of Northern Virginia typified the ice of the u. S. Ct slaveholding elites and its racial superiority. Thomas Morris Chester confederate capitulation was especially sweet cousins are reviewed to the first families of virginia who he do after the virginians. In short, men such as williams and chester made and sustained the bold claim that defeat u. S. Army africanamerican troops have dealt a death blow to all that army stood for, including favorite old. They insisted not only the union armies at jury emanated from superior virtue of the black troops in particular exemplified by virtue. Most important, africanamerican soldiers interpretations of the surrender of described the civil rights message into the mud animist terms of the sprecher, emphasizing the promise of appomattox, depicted
Twentysix congressional committees and subcommittees, 800 plus federal judges, 50 states, 50 state legislatures and then you get the thousands of municipalities and counties across the country. Pretty fragmented system. So where am i going with this . The same issues exist around energy that exists around money, and the supply of money. But yet we have in our democratic wisdom figured out a mechanism that enables the Monetary System to work. Within the same governance of this big, sloppy federal democracy. Because we have in the past experienced monetary crises where the system wasnt working, we came up with a solution. And that solution is now 100 years old this year. 1913 Federal Reserve act created an institution, a governance mechanism that works to manage money. I think and leslie give some serious thought and action unless we give series thought and action for energy from the dysfunctional and fragmented Energy Governance system that we have today, to a more simplified, streamlin