So we welcome you back to the committee. Its good to have discussion with you last week. I want to thank you really want to thank you for all youve done at the department, for your willingness to serve to this point, and for your willingness to step up in this new and higher capacity. Weve got our colleagues here this morning to introduce the deputy secretary, both texas and louisiana are well represented. Mr. Deputy secretary, you should feel very welcome by having these gentlemen next to you. So we will start with senator cassidy up here at the dais followed by senators cruz and kennedy to introduce the deputy secretary this morning. So senator cassidy, if you would like to proceed. We do have a full complement here this morning and a full house behind you. Hopefully the introductions do not consume our full morning, but we certainly welcome all the good comments. So senator cassidy. Madam chair, what a wonderful way to tell me to be brief. But its a privilege to represent my fellow
Time to pause before any more likely action. Allthere are big names topping earnings estimates. Shery will have an exclusive interview with facebook coo Sheryl Sandberg in about 20 minutes. Lets get you started with a quick check of the markets. U. S. Futures unchanged at the moment, slightly higher after finishing the regular session. Following a 1. 2 session low center chile announced they would be canceling the apec summit for the u. S. And china intending to sign that partial trade deal. During the presser Jerome Powell said the fed was nowhere near contemplating rate hikes again in the near future, so we had the nasdaq gaining. 3 in the dow also outperforming. Her positive news coming from johnson johnson, and that boosting the dow. It was critical come that interpretation of jay powell saying there would not be fed rate hikes in the future as long as inflation remains sufficiently low. Were set for moderate gains after the u. S. Hit fresh record highs following on the back of fed
Good monday morning. Welcome to squawk alley. I i am Carl Quintanilla with Morgan Brennan and jon fortt senator Majority Leader Mitch Mcconnell is going to talk trade, usmca and more. A big hour ahead. First we begin with ipos, and performances for recent debuts after a hot start to the year, we close out the last trading day of the quarter uber and lyft down more than 30 , slack down almost 40. And this morning, wework officially pulling its own ipo cnbc contributor, New York Times columnist kara swisher joins us holy canoli has it been a rough quarter for ipos how do you see it, as a resetting or private market valuations coming back to earth . I see it as math. Math wins. Thats what professor gallaway was talking about when we talked about wework and other ipos. I think investors, there was a fire wall broken by wework, untenable for most investors, and it extended to other companies which have Balance Sheets that are problematic. Even if theyre great businesses and brands, theyve g
About a half mile away from this location. Live in san jose, nbc bay area news. Now to our covering coverage of pg es power shut off. Everyone in the bay area has their lights back on, according to pg e. But the questions continue for the company. The utility though calling it all a success. We did not have catastrophic wildfire in our service area here in northern Central California like the ones going on in Southern California at the moment. Despite the fact that winds that surpassed our safety thresholds were blowing over vast dry strr powerlines. Another 100 cases are now i u d a huge sense of relief that weddings in the works for months are going to happen. Theyve got power. North bay wedding planners and wedding venues have been scrambling to secure scregenera. We had to reschedule an entire wine tour on wednesday. Our boss was making that happen immediately afterwards. And then for hair and makeup we actually got a battery pack from a car and had to plug in the curling iron for
Right now. Tonight a plea from a widow do not parole him. He served 26 years for a gruesome murder in the 1990s. Now the victims family is afraid what might happen if hes released. Nbc bay areas ian cull. Timothy wilson is 49 years old. But yesterday wilson was granted parole. The family has sent letters to the governor hoping to stop his release. My daughter meghan was 6 when john was murdered. Reporter john will always be remembered as a loving and involved husband and father of read stories to them. Carol is his widow. John was a softwe murdered in davis 26 years ago by this man, Timothy Wilson of San Francisco. When he first murdered john, he had what i call dead eyes in the courtroom during the trial. Reporter in court wilson claimed he made sexual skranss toward him. Wilson said that triggered his violent response because he had been sexually abused by a child. But he was convicted by a jury. Carol sat in on the parole hearings. They reviewed all his violence before that. He had