David lets get an update from outside of the Business World with emma. Emma in spain, the government may begin the process of suspending catalonia within rules. Spain rejected the president s response to demands he clarifying his position on independence. Earlier today, he told the Prime Minister he has a mandate to declare independence but wants to have negotiations first. In austria, voters have turned to the right for 31yearold foreign minister to become the world east youngest leader of a government. He claimed campaign after a victory after the campaign took on migration. It may make austria a more prickly ally for germany. And in iraq, troops have moved over to take over oil fields from kurdish forces. It sees the refineries. And the Regional Government last month the kurds held a referendum that backs independence. Global needs, 24 hours a day, powered by more than 2700 journalists in more than 127 countries. Im emmanuel macron. This is bloomberg. Emma chanda. This is bloomberg.
Have heard former callers talking about education in a way that breaks my heart. The world is laughing at us and if we want to remain a great nation, we have to to invest in our childrens education, because they are not keeping up with the children in china and india and the rest of the industrialized world. We have one Political Party in this nation that wants to cannibalize on our Education System to balance budgets. It has to stop. Our children are feeling the effects of their inability to raise taxes, to raise revenue. It is a serious situation and i am tired of my daughters future being pawned off because a republican does not have the spine to tax american money where it lies. Guest one of the important points he makes is we live in a Global Economy and one of our main competitive advantages in the Global Economics is a welleducated workforce. If we dont have a welleducated workforce, we lose the advantage because we will not be able to compete by saying bring your jobs to americ
The Affordable Care act. Mr. Obama says the product is good regardless of numerous issues with signing up on the website. And there will be a house probe on the obama rollout. Samesex couples are getting married in new jersey. The States Top Court refused to delay gay marriages any longer. Today Chris Christie withdrew his opposition to the marriages. Thats are the heads. Real money is ali velshi is next. Reports of a record settlement between the government and americas largest bank over mortgages that led to the financial crisis. But is squeezing 13 billion out of jpmorgan the right way to prevent the next disaster. And patients tracking their own medical data. Im ali velshi, this is real money. This is real money. You are the most important part of the show so join our conversation for the next half hour by using the hashtag ajrealmoney. 13 billion is how much jpmorgan could payout for misleading investors. It would settle a slew of state and federal investigations in to whether the
Conversation for the next half hour by using the hashtag ajrealmoney. 13 billion is how much jpmorgan could payout for misleading investors. It would settle a slew of state and federal investigations in to whether the bank misrepresented the value of the loans it packaged. While a final deal with the Justice Department has now been announced, here is what we can glean from reports that on have been leaked. 4 billion would go to the agency that regulates fannie mae and freddy mac, the mortgage giants that lost billions. Another 4 billion would go for consumer relief. That may include lowering the amount that effected home owners owe on their mortgages. And another 5 billion in penalties for misleading investors. And none of this would save jpmorgan or current or former employees immunity from criminal prosecution so far as we hear. 13 billion is a lot of money. But for a bank with assets of 2. 5 trillion that brought in profits totals 21. 3 billion last year, the big payout wont devasta
Dealing with a serious coronavirus outbreak. We have Fox Team Coverage tonight and live in miami with the first return of team sports in the country is now front and center we begin with corresponded to Kristin Fisher in morrisville North Carolina where the president received a Coronavirus Briefing in a short time ago. Good evening. Good evening, john, President Trump took his push for a vaccine to battleground North Carolina and its important that the biotech facility just hours after the news broke with one in the most senior advisors who tested positive, President Trump put on a mask and prompted the vaccine in record time. We will achieve victory over the virus by unleashing america scientific genius. President trump getting a on the look ground look and a comforting manufacturing key components for the covid19 vaccine candidates on operation warp speed. Administration effort to expedite a vaccine by january 2021. Its an aggressive time frame and President Trump was able to tout so