And also a cnbc contributor. And a writer for your favorite newspaper, the new york times. There are some things from the federal reseventh. Reserve a lot of openings i l a lot of openings. And in three weeks, the president will make a decision on whether janet yellen stays or thats right. Usually the new president gives the old fed chief a a carry over. Hes a real estate guy. She has done well on starting the exit and she has done well in terms of her relationship with the president other people are eager, theyre being promoted from different circles, including up here in new york you look like the head of the he looks like he could be a ceo. Yeah. Thank mean, if thats all it took, you would be shoein same color hair as janet yellen 2529 on the s p did you see that yeah. Equity futures indicated higher this morning. Take a quick look at that. Overnight in asia, we did see positive news. There is this country up 2 on the s p. Dow jones indicated 4. Big gain yesterday for the dow jones.
Investigation continues. The premarket building on the record highs europe is mixed. Ten year 235 auto sales on the way today. Road map begins with deeply sorry. Thats the message the former equifax ceo is set to deliver to congress rick smith set to be grilled by a House Committee over the companys massive data breach. Plus on the hill, wells fargo Ceo Tim Sloan will answer questions about the massive fake account scandal. Searching for clues. Investigators combing through evidence to see what led to sunday nights massive shooting in las vegas first up, the former equifax ceo rick smith getting ready to face a tough grilling by lawmakers, testifying before the house energy and Commerce Committee. In prepared testimony, he said hes deeply sore re thry this od and the company failed to prevent Sensitive Information from falling into the hands of wrongdo wrongdoers the breach may affect more consumers than originally thought, bringing the total of potentially affected to more than 145 Mi
Ceo Timothy Sloan appeared before the Senate Banking committee yesterday. He testified on the banks business practices. Last year the bank was found to set up several unauthorized accounts without customers knowledge. Mr. Sloan was asked about changes that were made in light of that disclosure and how the company was complying with federal regulations. This is about two hours. This hearing will come to order. Before we begin today, let me acknowledge that our nation is still mourning and remembering the lives lost in las vegas. Our condolences go out to the families effected by this heinous crime and our thanks go to the courageous First Responders and police and citizens who put their lives on the line to save others. Two members of this committee, both of the senators of nevada, are absent today because they are in nevada. And i know that senator heller and cortezmasto are doing all they can there and we will remain united in prayer and support with them during this difficult time. T
Public Service Americas cabletelevision companies and is brought to you today by her cable or satellite provider. The ceo of wells Fargo Timothy sloan testified before the Senate Banking Committee Last week about changes at the bank since it was revealed that wells fargo had opened an authorized account for some customers. Idaho center mike crapo chaired this twohour hearing. This hearing will come to order. Before begin today let me acknowledge that our nation is to morning and remember the lives lost in las vegas. Our condolences go out to the families affected by this in this crime, at our thanks go to the courageous First Responders and police and citizens who put their lives on the line to save others. Two members of this committee bothon of the senators of nevada are absent today because theyre in nevada. And i know senator heller and center court as master are currently doing all they can. We will remain united in prayer and support with them during this difficult time. Today we
Britain wants from a future trade pact. A warm welcome. This is bloomberg daybreak europe. I am anna edwards. Novartis. Will talk to some news breaking. In. Rtis numbers coming core earnings per share for the beat, quarter is a 1. 29. 3. 3 8 billion thirdquarter operating profit. This would be the first quarterly profit increase in three years. Helping them. The core earnings per share is a nice beat, thirdquarter profit 3. 3 billion. Novartis sees significant in the 2017 outlook is reconfirmed. Anna some hoping there might be a decision on that. Basf, how about strong is the chemicals story for this company . Thirdquarter revenue ahead of vestments. Adjusted eve also in line. Of the portfolio is in that area. Are they going to fix the guidance . Germany on at of 1. 5 billion Share Buyback program plan to start in the fourth quarter. I wontumber at give you that. That looks to be inconsistent. Is 491 income number million euros. Numberction on the sales , 3. 5 billion euros. Both those