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Powell today. The u. K. Begins its low reopening as the business secretary says employers have a duty to keep staff safe. We will get a glimpse at the economic fallout from coronavirus in firstquarter gdp figures. More earnings coming in across the bloomberg. Taking a provision in this quarter of 326 Million Euros. Ae market penciled in loanloss provision of 286 million. Over a billion euros in loan losses. Nowhere near what you see with the spanish or italians. Theres an operating loss at the bank of 277 million. They penciled in 159. 9 Million Euros of a loss on the quarter. Thats the state of play with commerzbank. We will keep a track on that. We are tracking the losses across the map. What do you have from abm abn . Nejra 1. 11 billion euro. The estimate was 656. 2 Million Euros. Thats a bigger fourthquarter loanloss p ....
With Second Quarter volumes that may fall as much as 25 . Ap mollermaersk, the shipping company, said Second Quarter volumes will take a huge hit. You see a top german judge, one top german judge says the ecb is not the master of the universe and must be held accountable. This is Angela Merkel and Emmanuel Macron agreed to open the france germany border. U. S. Medical advisor Anthony Fauci ways in on the Market Sentiment, warning against reopening too soon. Stanley druckenmiller adds to the downbeat tone, saying the equity risk reward is the worst hes ever seen. Finally, a loss in the First Quarter. P ....
There. A little better in the Lehigh Valley and reading. 77 in sea isle. A lot of 80s at this early hour. Remember when we get dewpoints above 70 were talking about oppressive humidity. This 76 is like new orleans were not used to this excessive humidity. Noon, 91. 95 by 3 00 p. M. The high today will be a big fat, 96 degrees probably around 4 00 p. M. The heat index values making it feel like 100 or worse. Things get better tomorrow and a lot better on wednesday karen those details coming up in the exclusive accuweather sevenday forecast. Reporter the humidity is oppressive so im here to provide relief. At least i can give you a good looking ride. On monday morning looking live on i95 broad street in south philadelphia, you can see a shot of the roads clear and dry, no big issues out there. The blue route, schuylkill expressway i95 all in good shape this morning. No major problems on all the majors. The ben franklin bridge traffic ....
Humid air will make for a miserably muggy day. We joke about the weather when it is this bad but its Serious Business out there and people need to be careful. Reporter it is, and the sun is not poking through the clouds yet and you can see the humidity from yesterday hadnt gone anywhere. We have a heat warning in effect, we had it yesterday and we have it today its until 8 00 p. M. Where the actual counties are highlighted in purple where the heat index will feel like 105 or higher especially afternoon until dinnertime. In the orange area heat din exs heat indexes up to 100 or so. Well have clouds give way to sun, which, of course, wont help. You can see there was a watch box yesterday in the afternoon and evening in the north and west. Thats gone. Were not expecting Severe Weather but a popup shower or thunderstorm that could produce a drenching downpour is not out of the ....
Learned his fate from a federal judge. Monday night, the big story, a sentence of ten years in prison for a man that spent 20 year yen capitol hill and 17 years before that in harrisburg. The judge said while you have done good you have engaged in widespread criminal activity. The prosecutors wanted a sentence of 1721 years. He was sentenced for stealing money from the government and charity toe pay his sons debt and buy a vacation home. He has to pay 6 million to fannie mae and nasa. Dan, can you put some of this into context of fatahs political career . He was once seen as a rising star of the democratic party. Hes been an inspiration to the younger generation. Today was a painful day. It was a young state senator who entered the race for congressman tate senator fatah, here they are together set celebrating as mayor. To see a friend like that a long standing friend like that go through this process, it was very difficult, very painful personally. He was a mentor to cindy bass. I hav ....