China is accused of faking virus data. And oil slumps yet again. President trump says he may intervene in the standoff between saudi arabia and russia. Taylor lets get a check on how u. S. Stocks ended the day. We opened up to the downside. Off by 4. 4 . The biggest selloff in two weeks. Really acrosstheboard. All of the defensive sector selling off. There was some concern for the market. Perhaps some optimism as the selloff on wednesday could reverse some of those if you think futures are up. I want to flip up the board because it has all been coming down to these oil markets. Haidi we are setting up for that negative start to trading in asia. We are looking at japanese and korean futures. Weakness here in sydney. Looking at the degree of the trading, down more than 3 . Watching out for the kiwi dollar and aussie dollar. Taylor a press conference is happening now. President trump is warning that malign actors will try to exploit the situation. Naval vesselsg and planes in the region.
Good morning. Im jane pauley and this is a special edition of sunday morning. A sunday morning by design. Its our annual look at the people, places and things that enriches our lives every day. To that end, you might notice Something Different about our look this morning. More on that in a few minutes. For now, just enjoy the view. Its a reminder how design in ways large and small is everywhere. And well start large. Very large. If you had unlimited funds to design the perfect city from the ground up, what might it look like . Sound farfetched . Luke burbank tells us thats exactly what some tech billionaires in california are trying to figure out. But how theyre going about it is raising some eyebrows. Reporter if you build it, they will come. At least thats what the backers of a new plan to turn this farmland into a new city believe. What if not Everyone Wants it built . I had a hunch this was a good place to do this. Reporter coming up on sunday morning, big tech, big dream of a big
hand of the red cross and they will be flown to this air base to receive medical attention and be able to call loved ones. the israeli have been bringing ambulances and they have been preparing for small children that have been under hamas control to be reintegrated. they will be taken by helicopter or ambulance where they will be hospitalized in separate wards. all women and children are from the same small community in southern israel. they are being exchanged for palestinians. two rocket alerts 15 minutes after the set time. this break in fighting will go for four days and will see 50 israeli hostages released for 150 palestinian prisoners. israeli are calling on all residents in gaza not to leave the south. a group of palestinians tried to make their way back to the north to see their home and any family members left behind. israeli stopped them from doing so. the highly anticipated news today, 13 hostages expected to be released to the red cross an hour from now. guys.
Unicredit reports its highest Fourth Quarter profit in a decade and rolls out its first Cash Dividend in half a decade. Shares in swiss re spike nearly 6 at the open addres ja softbank looks to invest in the insurer. Insurance is finally a very interesting industry its in a transformation its in a radical revolution the parameters that run the industry and constrained the industry for years no longer exist. And chinese imports surge in january and contributes to the yu yuans worst day in 2 1 2 years. One of the big stories, softbank in talks with swiss re about taking a stake in the company, that sent shares close to the top of the stoxx 600. The deal could be worth around 10 billion and would give the Japanese Firm a onethird stake in the reinsurer swiss re said the talks were at an early stage and theres no certainty any transaction will be agreed. Doesnt seem like investors are seeing it that way Zurich Insurance reported fullyear net profit ahead of expectations the figure came in
Good afternoon welcome to the San Francisco Planning Commission regular meeting for wednesday, august 12, 2015, id like to remind the members of the audience that the commission does not tolerate disruptions of any kind. Please silence any devices that may sound off during the proceedings. Speed up and when speaking before the commission, if you care to, do state your name for the record. Id like to call roll at this time. Commissioner wu commissioner hillis commissioner moore commissioner richards percentage and commissioner president fong is expected to be absent. You can leave the door, sir. Just leave it it will close on its own. Commissioner antonini and commissioner johnson will be in attendance today commissioners, that places you under your is items proposed for continuance items 1 ab at order cord is proposed for continuance item 2 ab at 24 order court is for september 24th item 3 record at a hundred i didnt street it continuance for october 22, 2015, and commissioners further