Representative be waived onto their Committee Without objection so ordered. Welcome to our hearing on recent developments and i now recognize myself for an Opening Statement and then the Ranking Member. Does the chairwoman wish to have an Opening Statement . I will recognize her with your permission our colleague will also have an Opening Statement. The Postal Service is the crown jewel of the federal i government serving every household every day 630,000 brave individuals at every district and according to pew research 91 percent of americans have a favorable view of the Postal Service. Leaps and bounds above that of any other federal entity. During the coronavirus pandemic the Postal Service value is greater than ever as a formal component and serving as a linchpin nations responsee pandemic. Found 2020 harris poll that the Postal Service ranked as the most Important Company to americans during the pandemic because it is a constant in our lives. That ings companies it outranks compan
Mail, Committee Members asked witnesses about mr. Dejoys ownership of a company that contracted its services to the usps. The chair would ask without objection that ms. Debbie wassermanschultz i got it right here. Ms. Cooper and representative mary gay scanlon beor waived on the committee. Without objection, it is so ordered. I want to welcome everyone to s our hearings on recent developments regarding the Postal Service and i now recognize myself for an Opening Statement and i will recognize the Ranking Member for his Opening Statement. I have agreed is the chairwoman on . Does the chairwoman wish to have an Opening Statement . Ill recognize here with your permission after myself. O our colleague ms. Lawrence is going to issue have an Opening Statement. I will recognize if somebodyv on your side wants to have additional okay. That would be fine. The cr you justow let me know. Okay. Theit s Postal Service is the crowned jewel of our federal government. It emplo serves every household b
Yesterday markets didnt hold on to the morning gains. The markets down for the fifth day in a row. You can see things picking up this morning with the dow futures up by 85 points. S p futures up by 11 and nasdaq up by 37. Flat yesterday . Down by about five points for the dow. Yeah. Lets tell you about some stocks to watch. Barely down but ended down for five days in a row. You know the dow is one thing. Comcast was up. I just happened to see it. Not that it matters. A couple of stocks to watch. Intel with better than expected Quarterly Results. Growth in its Data Center Business that helped offset demand for pcs that used the companys chips. Well talk to an analyst about all of that. Also netflix shares are up sharply. Company adding more subscribers than forecast in the latest quarter helped by overseas expansion and that stock rocketed yesterday afternoon and ebay nearing a deal to sell their Enterprise Business for about 900 million. Theyre lead by mara and sterling is in there and
I cannot be in favor of it. Plus, britains got talent, and france wants it. Residential hopeful emmanuel workers tos skilled return to france after talking to theresa may. Fore are the figures germany, Business Confidence coming in at 111. Stronger than the markets were expecting. They were expecting a figure of 109. 6. It is stronger than expected. A little bit better than expected growth figures. This is the picture for eurodollar. Lets get straight to your markets. Yesterday, we had record highs for the u. S. , and that means it is probably still going through a little bit when it comes to european stocks. I want to show you movement on japan as a haven. Volatility yesterday was gaining 4 . Brent crude, if you are looking wti. At markets, look at brent at 56. 53. This is my favorite bloomberg. This shows you the german twoyear yield. Is further into negative territory. This is the zero line for the german twoyear yield. The three main reasons for this it is a haven, there is support
Their account from inside the home at 6 00 oclock. For now we are live from blue bell Steve Paterson for cbs3 Eyewitness News. Steve paterson, thank much. Commercial air liner on its way from spain to germany crashed in the french alps today and there are no signs of survivors. Cbs the news correspondent tina krause has the very latest. Reporter this is what is left of the commercial airline their slam in the Mountain Side in the french alps. The german winnings plane carrying 150 people was about an hour from the flight from barcelona to dusseldorf when it made a sudden wrapped descent. There was no distress call from the air bus a320 as it approached the Southern Alps plunging 14,000 feet in eight minutes. We have to investigate properly with all of the professionals what went wrong. Reporter a group of 16 High School Students and two teachers are among the passengers. Family and friend gathered at their school in germany to wait for word on their loved ones who were returning from a