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June 19, 2024
Widening his lead over sendy chavez. Philo Council Members endorsed his opponent but he says he is not worried. I dont hold that against them. My opponent has been in local politics, has a lot of relationships that i havent had time to build. Thats okay. The council is turning over quite a bit. Well have four or five new Council Members. In the east bay we are waiting on alameda to release new voting results. As things stand now in the race for oakland mayor after nine rounds of ranked choice vo...
June 19, 2024
Ceos from the countries six largest banks, including jane fraser of citigroup and Brian Moynihan from bank of america, testified before the House Financial Services committee on regulatory and oversight matters in the Banking Industry. They addressed several issues including the influence of chinese banks and the impacts of the pandemic. This is part one of a threepart hearing. This first portion of the hearing is two hours. The committee will come to order. Without objection the chair is author...
June 19, 2024
Scientists still point to climate change. Supertyphoon usagi is entering the South China Sea with its sights set on hong kong. The eye of the storm is passing between the philippines and taiwan. The most powerful cyclone of 2013 has the potential to do great damage in hong kong. Preparations for this hit are underway. Craig leeson joins us live from hong kong. Craig tell us more about the preparations. Well, it was a Beautiful Day here in hong kong. You wouldnt have expected that a supernoon was...
June 19, 2024
That chair is authorized to declare races of the committee at any time. This hearing is entitled, Holding Meghan banks accountable. Oversight of americas Largest Consumer facing banks. I recognize myself for four minutes to give an opening statement. Testifying before us today, we have the ceo of the seven largest u. S. Commercial breaks that each serve millions of consumers. Chairwoman of this committee, i prioritize connecting rigorous oversight over our nations largest banks and their activit...
June 19, 2024
Uncief warns that nearly a Million People are at risk from famine in a anybody i cant. We begin in pakistan where one of the founding members of the taliban has been released. He was captured three years ago. And his release is seen as a part of a move to help the Peace Process in afghanistan. For more on this we are joined by our correspondent. Why is it so important that this man is release . Reporter its extremely the tribe that he belongs to and the tribe before his arrest he was already rep...
June 19, 2024
Dozen others injured. Now residents are calling for peace. Super typhoon is passing between the philippines and taiwan this morning within its sites hong kong. The powerful storm has triggered landslides and Power Outages in the philippines so far. There are no reports of casualties. It has the potential do great damage in hong kong and thats where craig joins me live. Craig what, sorts of preparations are you seeing now in hong kong . Reporter well, certainly the u. S. Navys most powerful vesse...
June 19, 2024
That chair is authorized to declare races of the committee at any time. This hearing is entitled, Holding Meghan banks accountable. Oversight of americas Largest Consumer facing banks. I recognize myself for four minutes to give an opening statement. Testifying before us today, we have the ceo of the seven largest u. S. Commercial breaks that each serve millions of consumers. Chairwoman of this committee, i prioritize connecting rigorous oversight over our nations largest banks and their activit...
June 19, 2024
From our studios in new york city, this is charlie rose. President obama ordered limited air strikes against isis militants in northeastern iraq on thursday. It was in response to a potential genocide. The strikes achieved their initial goal of liberating 20,000 yazidi refugees who are trapped. The iraqi president named a replacement for Prime Minister maliki. Hes the Deputy Speaker of the parliament. He has refused to step down accusing the iraqi president of acting unconstitutionally. Presiden...
June 19, 2024
Dimon. Before we get to all of this, why dont we get to some of the headlines. Lets get to the headlines, ibm reported quarterly revenues below wall street consensus for the fourth straight quarter. Steep drop in demand for servers storage products. Earnings topping analyst expectations. Also on the list texas instruments, they posted better than expected Fourth Quarter earnings and revenues, company also announcing that its cutting about 3 of its Global Workforce or about 1,100 jobs. The Corpor...
June 19, 2024
Susie investors soured on apple tonight the stock tumbled as much as 2 , dipping below 600 in afterhours trading. A rare earnings miss was the reason. The lower than expected numbers came just days after all the hoopla over apples launch of the new ipad mini. Apple earned 8. 67 a share, eight cents below estimates. Revenues came in higher than expected, almost 36 billion. On top of that earnings disappointment, the company gave a less rosy forecast for the future. Suzanne pratt takes a closer lo...