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Welcome to power lunch. Stocks are lower at this hour and dow and the s p 500 slightly higher telecomes are the best financials fedex more than 300 and wild trading day for bitcoin plunged 10 earlier and sinking again now. A lot of news. Hackings, bankruptcies and selling from a major player. Well dive deeper into it. Blackberry the company topping expectations and 2018 revenue and stitchfix, however, tanking. The Apparel Company increasing its Customer Base but its bottom line was impacted by higher costs. And chipotle taking a drop the stock is lowered by more than 2. 5 . Brian . Michelle, thank you. We begin today with the latest out of washington, d. C. The tax bill passing, again. All the angles of that bill covered. Abram at the president where the president is expected to hold a tax bill event at 3 00 p. M and kayla is on the next big story. Thats a funding bill to kee ....
Rescued by police alone. More than a dozen rescued with a front loader tonight. The number of confirmed fatalities is still six. President trump is set to arrive tomorrow to tour the flood ravaged area. Tonight people are seeking refuge in shelters. Others being flown north to shelters in dallas on a military airplane. Lana zak is in houston with some of the evacuees. Reporter good evening. So much generosity here but the need is so great. Here in houston and elsewhere, officials and the red cross are calling for additional assistance. They ask for volunteers particularly anybody with medical training. Houstons george r. Brown Convention Center is beyond capacity. Originally planned to host 5,000 can haves that number was quickly exceeded but the red cross doesnt want to turn anyone away. This is what katrina was like. Reporter thousands arrived by bus load and dump truck. For many the only possessions the damp clothes on their ....
Twice with the Russian Ambassador during the 2016 campaign, that revelation has democrats calling for him to step down. For the good of the country, attorney general sessions should resign. Reporter democrats have now sent a letter to the fbi director and the u. S. Attorneys Office Asking for an immediate criminal investigation. There are two issues were the meetings improper and did he mislead or lie to the senate in his confirmation hearings. Here is session under oath in his own words. Im not aware of any of those activities, ive been called a surrogate at a time or two in that campaign and i didnt i didnt have communications with the russians and im unable to comment on it. And he was asked several of the president elects nominees or senior advisers have russian ties, have you been in contact with anyone connected to any part of the russian government about the 2016 go ....
Clearly if these prices persist for a long time, then the reductions in capex that we are seeing are clearly going to start coming in down the road. Right now i think were looking carefully, were being prepared with analyses for alternative pathways forward. Right now consumers are having the benefit. Excellent. Ok, a question over there and the mike will be made available. Please identify yourself. Im a Public Policy scholar here at the wilson center. Can you talk about what the role is for biofuels to remain in the future energy mix . Well, i think the first of all, we certainly continue to invest in biofuels. In fact, just in i guess it was october i was pleased to be in kansas for what is now the largest commercial functioning biorefinery in the country. Our loan program helped put that into place. So if i go back to the what i mentioned about our entry in this book, first of all, actually i think its important that sorry. Let ....