Officials one of its. Responsible to home. Countries across Southeast Asia racing to track hundreds of people who may have been infected with the coronavirus during an event in malaysia that countrys shut its borders to all travelers after registering 2 deaths and 790 cases maybe 2 thirds of those are linked to a religious gathering of 16000 people in the capital straightly and being told not to leave the country its declared a human biosecurity emergency giving the government the power to seal off cities and impose curfews the United States has announced a one trillion dollar plan in a bid to try to lessen the economic fallout but that doesnt seem to have calm Financial Markets and its only patients are being moved to a new Treatment Center in rome more than 30000 italians are infected the death toll has now passed 2500 lets go 1st to kuala lumpur about 0 Florence Louis you can tell us more about the shutdown there how is it going help people behaving. Well its relatively quiet on the
Be different. Host thank you both for being here. This is the the communicators president obama sends the 2015 budget report in. The president said he wants to reduce defense spending and also wants to spend additional money on roads and bridges and end a number of Corporate Tax breaks. We will have live coverage at 11 30 a. M. Eastern on cspan. Cspan 2 provided key coverage and booktv. The only Television Network devoted to nonfiction books and authors. Sweeds have been accused of trying to hide the accounts of 22 United States citizens. Carl levin is calling on the Justice Department to hand over the names of those who used the bank at a to alem ledgedly avoid paying taxes. Good morning. The meeting will come to order. The American Public is angry about offshore tax abuse and efforts by americans to evade their Tax Obligations by hiding money offshore. Todays hearing follows up on a meeting this subcommittee held in 2008 when we presented evidence that wellknown banks were deliberate
Bhahara expected to speak any time now. As we wait, attorney preet bhahara, lets bring sue back in today. Cnbc contribute tore ron used to work at sec. Bob bazani here at the New York Stock Exchange with me. Its going to be a very busy, very fastmoving hour. Let me begin with you, bob, if i might. What are they watching for . I think there is a lot of concern down here simply because they are a big part of the business. The stock trading business has been awful for years, its a low volume, low margin business, and its widely believed that they are 3 of the total volume down here. Thats never been totally confirmed, but they believe that. Also one of the top Ten Commission payers out there. Any pullback from them could hurt the pocketbooks of sktock traders around the united states. Whats taking place for us this morning . What do we expect to hear this afternoon . Will mr. Bharara going to be taking questions or is it just a statement . I imagine he probably will take questions. Its ce
Down to about 17 change. People were really upset. You can see, the volume improving greatly as mobil ad revenue is good news. Adam all right. Coming up later we will dig into the facebook earnings with michael factor from wedbush securities. Lori a preview. Can be crash made by their competitor is crushing them. We will set you up for that as well. In the meantime, Worldwide Energy consumption is set to surge according to a new report from the apartment of energy. Global energy use will grow 56 compared with 2010 levels because of transportation and electricity demands. Half of that growth will come from china and india. The bullish report doing very little to spur prices in trading today. Of course that is a forward looking report weigh on the future. Lets check in with fox business contributor to phil flynn in the pits of the cme. It is interesting here to know, consumption of natural gas is expected to grow faster than oil or coal. And that is the most amazing thing about this repo
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