Good morning. The committee will come to order. A little bit unusual to be here that Convention Center for an energy hearing. But i think it is certainly appropriate given the subject matter that we have today. I certainly didnt mind the short commute over here. But it is a great setting to be at the auto show, surrounded by the latest and the great the Auto Industry has to offer. Im joined this morning with vice senator stav no from the great state of michigan and she as if krjed me that while the washington ought so show is good, the detroit ought so show is great. So that might be the locale for our next field hearing next year on this same subject. I appreciate you standing in or sitting in for senator cantwell, our Ranking Member on the committee. I understand senator mansion will also be with us but he is enjoying the auto show right now and he will be here as soon as he can steal himself away from some of the latest and greatest. I want to thank the Washington Area new Auto Deal
Weve seen since the election. The nasdaq is indicated up by 8. 5 points. Well talk to the nasdaqs ceo later this morning. Look at what happened overnight in asia. The nikkei was up by 1. 1 . Markets in china also closed higher with the hang seng up by a half percentage point. In europe this morning, in the early trading thats taking place, you can see things are relatively flat. Across the board. The ftse, the cac, and the dax all sitting within points of where they closed yet. Its been a big couple of days for markets there. Pepsico just out with earnings. The number is a core earnings of 94 cents a share. That Beat Estimates by two cents. Revenue also coming in a little above expectations. Talking about what happened with this quarter, she said they achieved solid Revenue Growth in the First Quarter, underpinned by global volume growth. Despite what she calls a challenging food and Beverage Industry thats been trading conditions in north america and continued volatility in developing
New poll shows that six out of ten americans are uneasy about President Trumps ability to handle north korea. Our chief Global Affairs anchor Martha Raddatz starts us off. Good morning. Reporter good morning. The Trump Administration has always said a military option with north Korea Remains on the table but as a last resort. But these words from President Trump did not make it sound that way. After the president , the dramatic escalation. North korea best not make any more threats to the United States. They will be met with fire and fury. Reporter and one u. S. Territory just over 2,000 miles away from north korea in the crosshairs. Overnight, the small Pacific Island of guam home to crucial American Military bases and more than 7,000 u. S. Forces on alert after north korea said in a statement its leaders are seriously considering a plan to target the territory with missiles. An attack or threat on guam is a threat or attack on the United States. Reporter this after that stunning warn
I think the president again, as commanderinchief, i think he felt it necessary to issue a very strong statement directly to north korea, but i think what what is the president was reaffirming the United States is full kay capable of defending ourselves from any attack and our allies and will do so so americans should sleep well at night. Connell sleep well at night. We have a show of force of u. S. Bombers flying over the Korean Peninsula. Group of south dakota airmen are ready to fight in guam if needed to. With that as the backdrop, lets turn to our expert. Former advisor to Vice President dick cheney, john hannah, and Hudson Institute fellow, Rebecca Heinrichs is here. The secretary of states choice of words we all should sleep well at night. What do you make of that . I think clearly the secretary is trying to tone down heated rhetoric from yesterday to reassure allies and reassure the American People but ive got to say we cant avoid the fact that this crisis is escalating. That no
One of the largest cities in the world about to hit a popular vacation spot in mexico as the south faces dangerous flash floods, cars under water from North Carolina to texas. Like a Rhinestone Cowboy and celebrating the Rhinestone Cowboy. Good evening, ladies and gentlemen, im Glen Campbell. Emotional tributes to Glen Campbell from his family and some of musics top stars as we remember the artist behind some of the worlds greatest hits. And we do wish you a good wednesday morning, and we are remembering Glen Campbell this morning. He was loved by so many. Everyone from dolly parton and Blake Shelton sharing how much the star has meant to them. What a voice, what a contribution he made. The Rhinestone Cowboy. Well have a lot more but first a lot of news from overnight. The dramatic escalating tensions from north korea. Overnight, the regime defied President Trump with a new threat against guam. That came just hours after the president warned that any new threats from north korea would