Posted 70 decline in operating profit the ecb urges banks to maintain the band on dividend payouts until the start of next year adding remuneration should also be mod rated speaking to the chair later on cnbc a trillion new stimulus plan puts republicans on a collision course over cuts to Unemployment Benefits saying america has 1 foot in the pandemic and 1 foot in the recovery the senate have been consulting to come up with a realistic proposal with what we think is an appropriate amount of Additional Debt to be added to the economy at this time. A warm welcome to street signs, everybody. One of the biggest movers this morning is in the auto space the psa group has fallen to 84 . The french carmaker said it will maintain 4. 5 operating target predicts a large rebound nor the second half of the year. Lets get to charlotte with more psa shares reacting very well to this set of results. What is so encouraging that we heard this morning good morning. You said it is all about the margins a
Hillside in fairfield go up in flames. Good evening, i am julie haener. It spread to 60 acres before the firefighters were able to get it under control. It is one of several fires burning around the bay area. They continued to fight a much larger fire it has been burning since yesterday and it is east of gilroy. Amber is in fairfield and the flames got close to some of those homes. It is scary for people of this neighborhood. Reporter many refused to leave telling me that they wanted to stay behind to make sure that did everything they could to protect their homes, the whole hill was on fire. The help over there, the one next to the houses. Reporter it broke out 4 30 , monday afternoon in the cordelia area for frilled, people did hose down the grass to protect the property and there was a mandatory order to evacuate 30 homes. It was terrifying. We didnt know it to do, you know . We were scrambling around. Reporter a resident shared these photos with us as the fire moved towards home an
We do know this is an unprecedented amount of money. Congress has never passed a rescue package like this before before, 1. 5 trillion on top of about 200 billion that was in the legislation that passed only a couple of weeks ago on top of the 8. 3 billion that was in the first one. This this is phase three. And then, finally, number three, this legislation does provide the help to the Health Care System, quickly, the Public Health care system to be able to provide the protective gear thats needed for Health Care Workers, the additional ventilators needed in our hospitals. The antiviral medication that can help when someone tests positive to know theres going to be a way to minimize to reduce the effects of this virus, the infection. And really significantly to not only lab corps said they can do 300,000 tests a week. We need to use the cotton swab to get them the swabs. There needs to be a process to get them. Now were starting to come online, this funding legislation will help them t
Mayor cos will get a vote expected to happen shortly. A top priority remains covid relief. President biden held a meeting with ten republican senators looking for a bipartisan agreement, but theyre pitching a bill one third the size of President Bidens proposal. Ill ask democratic senator chris murphy if a way Forward Together is even possible at this point. What both sides do agree on, though, we need more money for the vaccine rollout. The hiccup to that rollout this morning, the weather. Coming up, how many east coast states are still trying to sidestep the snow and get back on track. Well get to that part of the story in a moment. Lets get to our reporters focused on the action in our nations capital. Shannon pettypiece at the white house, Garrett Haake at his post on capitol hill and jacob sober rof following the implications of this administrations Immigration Policy and miss petedy piece well start with you at 1600, walk us through the Executive Actions President Biden is expect
Bauer, who is my supremely wise, talented, and collegial codirector of the nyu law schools legislative and regulatory process clinic, i wanted to welcome you here today to the fourth year of the Sidley Austin forum. We are joined this year by another nyu law entity, the center on law and security, a nonpartisan, multidisciplinary institute. And the director, richard gold brenner who is here, has been invaluable in helping pull together the program for this afternoon. This forum would not be possible without the generous support of Sidley Austin, a Renowned International law firm. So it gives me great pleasure to introduce peter roskam him, who is a partner in their Chicago Office Company Knows a lot about what we are talking about today. He served his district in illinois in the u. S. House of representatives for six terms, from 20072019. And during that time he held a number of very significant positions. One of those most pertinent to what were talking about today is that he chaired