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DW Business - News July 12, 2024

A lets do business american great microsoft could save the day for ticktock fads its in talks with the chinese owners of the app to buy the service in the u. S. Canada australia and new zealand the deal could stave off a president ial bad by ensuring user data stays in the u. S. Office life today would be unthinkable without microsoft word and x. L. But so far the worlds leading Software Producer hasnt ventured significantly into social media that however could be about to change. U. S. President donald trump wants to back chinese and platform ticktock in the u. S. He feels data from u. S. Citizens could end up in the hands of beijing communist party this could be microsofts. Is an internationally successful video platform 2 8 3 2 2 4 8 9 2 4 ringback. It allows users to upload short clips of themselves and watch clips of others available worldwide its owned by Chinese Compan ....

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BLOOMBERG Bloomberg Surveillance July 13, 2024

On Prime Minister johnson. Guy absolutely. Sitting up in bed come interacting with the medical team. He has had a third night in the icu, which is may be of where we are still. Yet there is some improvement. I think the country will breathe a sigh of relief once he is out. Hopefully that happen soon, tom. , yesterday inon new york city was absolutely extraordinary, just the constant wailing of sirens. I actually walked down and noticed the emergency room effort of mount sinai and those brave people. Give us an anecdote you see in the united kingdom. Is happening here is that maybe there is a sense that the curve is flattening, and that is the sense we are getting from the medical officers and chief scientific officers. Nevertheless, the mortality count is likely to continue to rise, and the reason that is the case is that deaths get reported a relatively slow rate. The concern in the u. K. Remains a lack of ppe for healthcare work ....

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CSPAN3 House Financial Services Hearing On Wells Fargo Part 1 July 13, 2024

Thank you for your patience, without objection the chair is authorized to declare recess of the committee at any time. This hearing is entitled holding wells fargo accountable, examining the role of the board of directors in the banks egregious pattern of consumer abuses i now recognize myself for four minutes to give an Opening Statement. Today we receive testimony from ms. Elizabeth duke and mr. James quigley who until earlier this week served as chair of the board of directors of wells fargo and company and Wells Fargo Bank respectively. Both have resigned after our call for their resignations following the release of a scathing majority staff report on wells fargos compliance failures and their individual failures as Board Members. But their resignations do not absolve them of their failures. Directors at wells f ....

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CSPAN2 House Financial Services Hearing On Wells Fargo Part 1 July 13, 2024

Cspan, your unfiltered view of government. Created by campell and 97 and brought to you today by your television provider. The former wells fargo executive testified themselves as the consumer abuses that led to the executives earnings. Members of the House Financial Services committee question the witnesses on their actions at wells fargo and why no one has been prosecuted for the consumer abuses. This is just over two and a half hours. Thank you. This hearing is entitled Holding Wells Fargo Accountable examining the roll of board of directors and that the greatest patterns of consumer abuses. Today, we received testimony from elisabeth and mr. James quigley who until earlier this weeks are as chair of the board of directors of wells fargo and companys Walls Fargo Bank respectively. Both hav ....

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BLOOMBERG Bloomberg Daybreak Europe July 13, 2024

Welcome to daybreak europe. Started the year risk on. That has taken ahead after reports u. S. Airstrikes have killed the top iranian commander. You are seeing red on the screen for the msci asia asiapacific index, excluding japan. Japanese equity markets still closed for the holiday. Yesterday we saw the essence 500, nasdaq, and the dow hit records led by mega caps. Futures taking a big hit as well. S p futures down 0. 8 . Money moving into treasury futures as well. Japan closed the 10 year yield flipping yesterday dropping back below 190. The yen hitting a two month high. Gold at a fourmonth high. Oil rallied strongly as well. Brent and wti approaching 17 a barrel, hitting its highest since the attacks on saudi arabia and infrastructure in september. Our top story, irans Supreme Leader has about super severe retaliation after the United States killed one of the islamic repub ....

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