We stand with the markets. Stocks have bit a bit under pressure but the yield now off the session lows were off the session lows on equities as well the yields are 1. 48 s p 500 is down just fractionally small caps are getting hit the worst there. You see the russell is down by just about a percentage point. Power lunch starts right now and despite growing recession risks, jpmorgan is taking on the bears. The firm saying today that the worst could be over and calling for the market to advance as the year ends. Start with the september surge but goldman, bank of america, and nomura across the market lets get over to bob pisani with more. Bulls versus bears, an old sory, but the bears are getting more vocal in the last couple days a sudden spate of bearish notes. First, Goldman Sachs said the trade war escalation is making them judge down their gdp growth forecast for the third quarter, fourth quarter, and First Quarter of 2020. Probably the most Important Note out there right now. Bank
Bourg, strategic development, Wabtec Corporation. Chris matthews, assistant Vice President , Network Control systems, bnsf of railway, and jim derwinski, chief executive officer and executive director of metro. Todays hearing will evaluate progress in implementation positive train control, ptc, and examine potential challenges in meeting the final implementation deadline of december 31, 2020. As recent Committee Hearings have highlighted, ptc is an Important Technology that has the ability to prevent accidents, including overspeed derailments, such as the tragic derailment in dupont, washington in 2017, as well as preventing traintotrain collisions. Ptc enforcement and implementation act, passed by congress and signed into law by president obama in october 2015, required railroads to implement ptc by december 31, 2018, however it allowed a railroad to apply for an extension of up to 24 months if, and only if, a railroad met important milestones. I am pleased to say that under secretary
Expected to hear from rail representatives to prevent train accidents. Good afternoon. Today the committee gathers for a hearing to examine the next steps in positive train control implementation. Im glad to convene this hearing on this important issue with my friend and colleague Ranking Member senator cantwell. I want to thank our panel of witnesses for appearing. Mr. Ron batori, administrator of the railroad administration, susan, director of infrastructure, u. S. Government accountability office. Bob, Vice President of Strategic Development web tech corporation. Chris matthews assistant Vice President of Network Control systems. And jim, chief executive officer and executive director of metro. Todays hearing will evaluate progress, implementation of positive train control, ptc and examine the potential challenges in meeting the final implementation deadline of december 31st, 2020. As recent Committee Hearings have highlighted ptc is an Important Technology which has the ability to
Hate speech, and misinformation on the platforms. They also discussed foreign interference in u. S. Elections. This House Homeland Security Committee Hearing is 2. 5 hours. The committee on Homeland Security will come to order. The committee is meeting today to receive testimony on examining social Media Companies efforts to counter online terror content and misinformation. In march, a white supremacist terrorist killed 51 people and wounded 49 more at two mosques in christchurch, new zealand. Our thoughts and prayers continue to be with the vic dems and their families. The motive behind the attack is not in question. The terrorist had written an extensive manifesto outlining his white supremacist, white nationalist, anti immigrant, anti muslim and baptist beliefs. His act was horrifying beyond words. And it shook the conscience. Shockingly, the terrorist was able to live stream the attack on facebook, with the video and its gruesome contents went undetected initially. Instead, Law Enf
The committee on Homeland Security will come to order. The committee is meeting today to receive testimony on examining social Media Companies efforts to counter online terror content and misinformation. In march, a white supremacist terrorist killed 51 people and wounded 49 more at two mosques in christchurch, new zealand. Our thoughts and prayers continue to be with the vic dems and their families. The motive behind the attack is not in question. The terrorist had written an extensive manifesto outlining his white supremacist, white nationalist, anti immigrant, anti muslim and baptist beliefs. His act was horrifying beyond words. And it shook the conscience. Shockingly, the terrorist was able to live stream the attack on facebook, with the video and its gruesome contents went undetected initially. Instead, Law Enforcement officials in new zealand had to contact the company , and ask that it be removed. When new zealand of dohertys called on all social Media Companies to remove these