We begin tonight with a big quarter for some of th jpmorgan, citigroup, wells fargo n expected earnings. L reported thats the good news. But theres more to it. And its important to ups whats happening in that sector, which plays a vital role in the econom activity for both households and businesses. Today, those better than expected earnings werent enough and they finished lower. All four banks reporting today. J. P. Morgue p, citigroup, wells fargo and pnc beat earnings expectation, so why did they trade down today . There were several issues. First, trading activity in stocks an bonds were below expectation. You can blame that on the low volatility. Trading is a major source of revenue, from other Bank Businesses second, xhek data was des pointing. Inflation is sfil belstill belo the feds target mean banks wil make profit, which is the difference between interest earned on loans and paid on deposits. Expect analysts to lower expectations for the banks i th. Finally, it was a seasonal
Respor responded to a call. The trooper was stationed. E ed. Reporter in is where trooper Frankie Williams was stationed hoar. Right here you can see outside the flag is at half staff he was responding to a call. A man crossed the median and crashed into a police car head on. The other driver died at the scene. The troopers body was driven away from the hospital. The crash, as we mentioned, happened in millmillville. We talked about the loss. We spoke to the officers, the troopers and let them know if there is anything we can do we are here to offer our support for them. I had to come out. Reporter and here again is the photo of trooper Frankie Williams. Chris christie giving his condolences via twitter. Nbc 10 news. Dozen people are hurt after fire ripped through their Apartment Building. We have the latest on the investigation into the cause. The fire marshal ton scene of a fire that injured dozens. Fire ripped through apartments. There was a fire on the second floor moving up to the
It is icy out there odot has been busy. When denise said 14, you know it doesnt feel like 14. Denise i saw 5 in my car leaving the westside. Beth unbelievably cold this is the coldest we are going to be all week. The bad news is today is going to stay flatlined. Decemberties great day you are suppose denise it is a great day for it, you are supposed to be with your honey smuggling. Beth i say 14, 14 along the lake shore mostly cloudy. Look at these temperatures denise, 3 out of hopkins airport, 3 below akron clear skies, 0 in canton, mansfield, sandusky 12. Heres your wind chill, this look at mansfield, 10 below, 7 below in wooster, in lorain. 8 below the wind chill factor out of hopkins airport. If you have a breeze you have that wind chill factor. Not cold enough to put us up der any sort of weather alert. The wind chill warnings and advisories are out towards the east. Our wind chill forecast this morning keeps us in the Single Digits throughout the day, through the afternoon well b
Please join me for these wonderful young people that have joined there is a call talent. [applause] we would like to highlight an Upcoming Event at the Nixon Library on sunday december 6 at 12 noon in the east room of the Nixon Foundation will host the sixth annual honoring hometown heroes event. Where we recognize those that have given their lives in military service from across southern california. This is honoring the gold star families and we invite you to attend and join in honoring them in and the front will be signing copies of his books tough as they come if you are as inspired as i am by his presentation tonight, this incredible warrior iraq amid u. S. Urges a copy of the book which is available. This concludes the program this evening. Thank you for being here. God bless our veterans and the United States of america. [applause] now on booktv after words with pulitzer prizewinning journalist gilbert examines the Business Culture of College Football. Interviewed by tom mcmillan
If that dress looks familiar, it is. Why kate proved once more you can wear it again. Time for taylor . What about putin or protesters. Weve shown you the short list and were about to reveal time magazines pick for person of the year exclusively. Today, wednesday, december 10th, 201 2014. From nbc news, this is today. With matt lauer and Savannah Guthrie live from studio 1a in rockefeller plaza. Good morning. Today is a wednesday morning. Have you cast your vote for person of the year . Or persons. Thats right. Never know. We will find out exclusively who that will be a little later in the show. Then we will unleash the debate to talk about who wasnt chosen. Well get to that in a little while. To the top story, that damning Senate Report in the wake of 9 11. The program went much farther than any knew. That report laying it out in explicit detail. This morning, a lot of people are appalled. Nbcs chief Foreign Affairs correspondent Andrea Mitchell has the latest on this. Good morning to