Its the exact opposite. It says that would be a king. Robert next. Annocer this is Washington Week. Corporate funding is provided by life isnt a straight line. And sometimes you can find yourself heading in a new direction. Delity is here to help you work through the unexpected with Financial Planning and advice for today antomorrow. Aughter] announcer additional funding is provided by the estate of arnold adams, and koo and patricia yuen, through the yuen foundaon committed to bridging cultural differences in our communities. Theti corpo for public broadcasting and by contributis to your pbs station from viewers like you. Thanu. Once again from washington moderator robert costa. Robert good evening. It was a critical week for the trump presency. At its core it was about his decision to encourage the reopening of america. He veered from claiming total authority toultimately leaving it in the hands of states. But theres no doubt about where he stands. Earlier friy, te president tweeted
Banks c. E. O. s Board Members who have in many cases and by the way this is important in many cases they have been taking that money out of their companies while theyve been doing pretty well and theyve been sticking it in their pockets in the form of stock buybacks much of it with money they got from taxpayers government money during previous meltdowns now heaven forbid that i or anyone else should ask the question of whether some of these corporations should simply be allowed to go under is anybody asking that question yes. We found 11 maybe lonely example look what happens this is on c n b c when a guest challenges the bailouts their lives now remember seeing these see is essentially the wall Street Network in fact many would argue its a 24 hour commercial for bankers and Hedge Fund Managers and c. E. O. s and cetera look what happens when somebody is willing to make the free market argument the capitalist argument that if a company gets wiped out so be it left out there are you ar
Investment announced at the france summit as Emmanuel Macron tops execs atop wider tensions. And Chinas Foreign Ministry calls for canada to correct its mistake and free huawei cfo as the trial starts today. Looks like a relatively positive start last week to the european trading session has not been reflected today. The european stock, 600 currently down around a quarter of a percent so far. If we look at the individual markets behind that number, you can see how thats happening it looks like here in london, look at the ftse 100, theres been an interesting negative start to the day, reflecting what you see around europe, quarter of a percent lower the c a. C down a third of the percent. The ftse mib down. If we look onto individual stories, though, that have been driving some action in the market, oil prices surged their highest after a military blockade in libya shut down the countrys two largest production facilities forces closed a key pipeline as rival factions continue to fight f
Time for Global Exchange and bring you todays market moving news from around the world from hong kong to frankfurt to london to new york and washington. Our bloomberg voices are on the ground with this mornings top stories. Were going to start with the latest in asia. Trade uncertainty appeared to take its toll on china. The countrys economy losing more steam in october, factory input and fixed asset sales missing estimates and joining me from hong kong is bloombergs chief asian economics correspondent. Give me the rundown of the data weve got. It was a mix across the board with a slump in investment and industrial output miss expectations and on the retail spending part of things we saw the weakness go from auto and turnt and cuggetting the consumer is starting to book now none the pressure of trade war and slowing economy. There were two big takeaways from economists and onen one hand the numbers suggest were probably looking at 6 growth in this Current Quarter and probably shows the
Triple digits. The s p 500 and the nasdaq in the red. Walgreens is jumping on renewed reports that kkr has made an offer to take the Pharmacy Market giant i covered the 25 feet from the exchanges desk over here in about a minute and a half. I havent lost a step. Boeing shares having their best day since june after the company upgraded its progress on returning the 377 max to the skies. Phil has the developing story. Hi, phil lets run down the time line that boeing put out this morning. Looks at december and january. Those are the crucial months for the max getting back in the air. In december what the company is planning is that you have faa certification. Once that happens youll resume deliverie deliveries in january they expect the Pilot Training rules to be set and then depending on which carriers are ready, they could resume commercial flights by the end of january. Southwest and american, two of the Larger Airlines around the world that have the max in their fleet. They both said