From the federal government. But the news that three firefighters have been killed and others are injured. More details as we get them in. Theres been a dramatic turn in the shooting of a murder suspect in san jose. Police are now backing off their initial story of what happened. This is raising questions about the officers response. Kpix 5s devin fehely with the new video that is sparking debate. Reporter the Police Department initially said that the suspect appeared to be reaching for some type of weapon in his waistband. But 24 hours later they had to walk those comments back and admit that he had his back turned and was running away when the first shots were fired. The cell phone video captures the chaotic moments after richmond jaquez was shot monday night. When officers gave chase, jaquez was already a suspect in one murder and they feared on the verge of committing another. Their explanation about why officers opened fire the officers chasing the suspect and the suspect reaches
The right person to lead the turnaround well be talking to former ge vice chair bob wright. The father of nbc universal. Hell join us live here at post 9. Get his take on the outlook for General Electric and conflicting reports in the last hour about whether the Senate Tax Bill will include repeal of the obamacare individual mandate we have Senate Finance Committee Member pat toomey here to tell us whats going on, and what other changes have been made in that bill. Weve been getting conflicting reports on exactly whats in that bill. Well get it directly from senator toomey. Is the rok uru run over stock pulling back after the 125 gain in just the past 3 days a debate on whether this streaming stock has run its course or just taking a breather right now. But we start today with big moves in retail. As Companies Like Dicks Sporting Goods and tjx fall after reporting their results this morning Courtney Reagan joins us with a roundup of whats driving those stocks lower courtn courtney hi t
Tomorrow. We have great interviews. Will president elect trumpish escher in protectionism, and what will it mean for global trade . We speak to the owner of the Worlds Largest container shipping line. Plus, is the Banking Industry headed for an uber loan . We talk about bitcoin, Cyber Security, and disrupting the banks with the former barclays ceo and the block chain cofounder, later in the show. Gett things first lets to the data check. We have a special guest from asia. This is the picture of these markets. Breaking news out of the iea, saying the opec deal will create on oil supply deficit in the first half of the year. We will monitor that. I wish i had the picture for oil, but overall stocks unchanged. Unicredit gaining 4. 2 . There you go. This is the picture for oil, gaining 3. 2 . 55 point 67. First, lets get to the news with nejra cehic. Plans to raiset 13 billion in an offer to sell off bad loans and slash costs. Italys biggest bank is targeting 4. 7 billion euros net profit
Secretary of state. To discuss, we bring in our eam, marty, and Michael Mckee, bloombergs International Economics and policy correspondent. Lets start with you, marty. Its the worstkept secret in d. C. The last couple of days, but the confirmation could be difficult. Walk me through it. There have already been a number of key republicans who have expressed some doubts about the tillerson pick. Marco rubio being on the Foreign Relations committee, john mccain being an influential republican in the mainstream. But ultimately i think theyre probably going to give donald trump latitude on this one, and i would expect him to get confirmed. Jonathan mike, ive been watching the news here in United States, and the obsession by Rex Tillersons supposed relations with the president of russia, mr. Putin. But to quote Bloomberg View just today, a new russia policy needs the exxon c. E. O. s skills, and i can quote him, trump can hardly do worse to get the kind of advice and relies on a different co
Unprecedented actions taken by the president reserve to rescue the economy after it collapsed. His class is about an hour. Professor levy ok. In our lecture on the great depression, i talked about the origins of any financial crisis, it is always important to look at the resolution to the last crisis. When we think about the Great Recession, we have two moments of origin. The 1970s, the crisis of industrial capitalism and thinking about whether or not the American Economy has gotten out of that crisis. We have been talking about this. The second point of origin i think is the late 1990s, the new economy, and how the bubble crash sets of a pattern that goes across the 2000s. Into the great depression. So we ended our last lecture with Alan Greenspan before congress in 1998. It is in the midst of the new economy euphoria. Here is what he said. You read this, but i will read it out loud. In short, our economy is still enjoying a Virtuous Cycle, in which, in the context of subdued inflatio