Officials lifted expectations yesterday in proposed tax cut. The central bank raising rates for the third time this year and in the final News Conference is Federal Reserve chair gina gallant says the u. S. Economy is performing well. She also targeted bitcoin concrete to occur in the highly speculative asset, but not enough to cause a meltdown. More coming up this morning. Futures look like its indicating a market continued momentums this morning. The dow industrial up 30 points at nasdaq, s p 500 higher. Investors waiting on the European Central bank decision. Mario draghi will bring you those headlines. Markets are down across the board a quarter of a percent lower in half a percent lower in germany and the dax index. Lower across the board, as you can see the kospi indexed on one half of 1 . The latest have a smiley accuse by the network of his misconduct allegations. Details at smiley intends to fight back. Way more to fight on. Still refusing to concede following doug jones shock
Guy good morning. You are watching the pulse. We are right here in london. Im guy johnson. Europes Biggest Investment Bank, germanys biggest bank is racing for its biggest loss and a decade. Deutsche bank could scrap its dividend. Its boosting reserves for legal costs. Sounds like a bad thing. Ryan chilcote here with the details. We got a lot of bad news. It sounds really terrible. But stock is up. What is going on . Ryan the Immediate Reaction was negative. The stock is up. There is a giant competition going on. The balls the balls on the up. K the stock now why . A lot of people saying we thought when they did this announcement we were going to get a Capital Increase. The fact that the dividend is going to take a hit, is a do it is a positive. It increases the likelihood of a Capital Increase down the road. Analysts whonty of think a Capital Increase could happen here it happen. Ryan the second issue is take everything that was happening in the statement to the side, look at pretax p
In delaware and warm into the 70s today. In fact, the upper 70s this afternoon. The fog will disappear as the temperature climbs. 62 degrees at 9 00 and then 70 degrees by lunchtime. Go through it neighborhood by neighborhood when we come back. Jillian mele is watching traffic trouble on this friday morning. The blue route northbound is still shut down between 76 and conshohocken and this is a lot of that activity that youre seeing out here right now. In the last 15 minutes, really, this van has been hooked up to a tow. Another vehicle involved in this accident and quite a bit of Police Activity out at the scene. Heres what we know right now as far as this accident goes. The accident happened around 2 00 this morning and it is confirmed that one person has died from their injuries and another taken to a local hospital. A twovehicle accident and that van, as i mentioned, is hooked up to the tow. It has been hooked up for the last ten minutes. Its not going anywhere just yet. As a result
There is a push for us in q4 around profitability growth and growing. Add revenue is still growing 20 and we feel like him off for 2015, basically our investment areas. One is in global content business. One is in video and one is expanding the advertiser and publisher stack. Armstrong brushed aside talk of a wellbeing and acquired company. Under a new deal, landscape gets 4 of stars outstanding stock. Malone gets lions gate stock. Lions gate discussed buying starz last year. The biggest of oldest most ambitious project ever, a solar project. The 850 million solar farm built right here in northern california, in Monterey County apple says it will generate enough electricity to power all of their operations in california offices and data center. 52 California Retail stores. 2700 acres. Cook made the announcement at the Goldman Sachs Technology Conference. In our view, Climate Change is real. The time for action is now. Cook also stressed that apple plans to save big bucks in this switch
The polaroid photo bar, turning the virtual into reality. All of that and more over the next hour but first, headlines from carol massar. Ceooldman sachs awarded Lloyd Blankfein a 6 million cash bonus to be paid out in three years. This comes on top of 23 million in 2013 compensation. The award can shrink or grow depending on whether the firm achieves return on equity. Grubhub surging in its trading debut after raising higherthanexpected 192 million in its initial public offering. Share assing to 34 a the company and its shareholders started at 26 apiece. The surge pales in comparison to what happened to the nasdaq today. The index falling the most in two months, dropping 2. 6 for the friday session. And the owner of travelocity is seeking as much as 895 million in an ipo of its own. The company backed by tpg capital and silver lake plans to offer 45 million shares firm 18 to 20 apiece. Back over to you. Thanks, carol massar. Payrolls in the United States boosted hiring in march, up on