A new front line in the corona Virus Outbreak dozens of people are infected in one of south koreas largest cities. Hello welcome to the news hour President Donald Trump says his long time advisor roger stone has a very good chance of exoneration after he was sentenced to 40 months in prison stoned was convicted of lying to congress witness tampering and obstructing the investigation into possible rushing to ferrets in the 26th in the president ial election prosecutors originally recommended a sentence of up to 9 years in jail but the Justice Department like to reverse that after the president publicly complained our correspondent john hendren joins me now live from washington d. C. Its been a very busy day there just sort of summarize exactly what seems to happen throughout the day. Well so the judge said there was little precedent for what was going on in this particular case she said she wouldnt judge roger stone as a person she would leave that to a higher power but she went on to s
Remaining electronic votes will be conducted as fiveminute votes. Pursuant to clause 8 of rule 20, the Unfinished Business is the vote on the motion of the the gentleman from new york, mr. Engel to suspend the rules and pass h. R. 2744 on which yeas and nays are ordered. The clerk will report the title. The clerk h. R. 2744, a bill to authorize the administrator of the United States agency for International Development to prescribe the manner in which programs of the agency are identified overseas and for other purposes. The speaker pro tempore the question is, will the house suspend the rules and pass the bill. Members will record their votes by electronic device. This is a 15minute vote. [captioning made possible by the national captioning institute, inc. , in cooperation with the United States house of representatives. Any use of the closedcaptioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u. S. House of representatives. ]
Im sara eisen. Im wilfred frost. Very good morning to you from me as well. Before we check in on the markets, four Big International stories were watching. China getting hit with a credit gown grade overnight. We have the latest market reaction. The uk upping its Security Threat level to critical following monday nights terror attack. Opec about to kick off a meeting in vienna. President trump is at the vatican this hour after meeting with pope francis. More on all of those big stories straight ahead. First lets check in on the markets this morning. U. S. Equity futures after a mini gain yesterday for stocks. S p closed higher by 0. 2 , following a trend of fractional moves, mostly higher. Looks like futures are indicated higher again. Dow futures up 12. S p up 2. 5. Nasdaq futures up 11 points a bit of a defensive tone to yesterdays dane wigain. The tenyear hovering around the 2. 28 level. A bit of buying of treasuries, saw that yesterday. The economic reports have been kind of mixed.
That she wants the statues to be placed in confederate cemeteries in maryland. And the chief Economic Advisor for donald trump said to be upset over the past events of the few days. Gary was a standing near the president when he reverted back to his original position and it said there was blame on both sides of the virginia violence. The New York Times says he is upset by the president s remarks on White Supremacists, but does not plan to leave the ministry should and. The Manchester Arena will reopen next month for the First Time Since a deadly attack last spring. Man gallagherront will headline a concert at the september 9 we are manchester show. 22 people died, more than 200 injured when a suicide bomber detonated a backpack full of explosives after an Ariana Grande concert on may 22. Globaglobal news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im mark crumpton. This is bloomberg. Scarlet live from bloomberg world headquarters. Im j
Good morning. We are meeting today to consider the nomination of mr. Wilbur ross to be the next secretary of commerce. If confirmed mr. Ross would bring decades of business and entrepreneurial experience to this position best known for revitalizes distressed businesses such as those in the United States Steel Industry. At a time most inventors aban n abandoned the industry, investors abandoned the industry he organized the International Steel group in 2002 through acquisitions of the largest Steel Company in north america, later it merged to form the largest Steel Company in the world. Mr. Ross strong record of achievement led Bloomberg Business week to name him as one of the 50 most influential people in Global Finance in 2011. Its also why he is the only person elected to both the Turnaround Management hall of f. A. M. E. And private equity hall of fame. Mr. Rosss business is complemented by a service 0 the communi community. Mr. Ross served as First Lieutenant of the u. S. Army and