Expected to move to trial, the phase one china trade deal expected to be signed at the white house this morning top trump economic adviser larry kudlow joins us first cnbc this hour. And financials are in focus, bank of america beats for the quarter, goldman hampered by litigation charges target shares are plunging. Holiday sales miss on estimates on weakness and toys and electronics. The u. S. china phase one trade deal said to be signed this morning this is what secretary mnuchin said about the agreement earlier this morning on squawk. We need to put together very significant laws to change rules and regulations and made strong commitments to our companies there will not be forced Technology Going forward thats a big win for our technology companies, businesses and American Workers we look forward to learning more in the wake of this signing. Jim, mnuchins appearance this morning brought us something new, the notion of phase 2a, phase 2b, phase 2c, so stories evolving rapidly i think
Do not have any confirmation on that. Weve got a map to show you. About 25 Degrees South latitude and 101 degrees east longitude. This is all according to Chinese State media. We havent independently confirmed this, again, just want to reiterate that. Neither has the joint Agency Coordination center in charge of this search in perth. The pulse signal has a frequency of 37. 5 kilohertz per second which is said to be the standard beacon frequency for the flight data recorders and why its getting attention right now. Heres one more reason why this is incredible. The batteries for those pingers may have only hours of power left before they run out. So with time running out, this may be the best hope of finding flight 370. I want to bring in our panel here. Thank all of you for being with us as we have got this covered from experts with the ocean to the air to the investigation. And thank you all so much for being with us. Jeff weise, as youre hearing this information im wondering, from you
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