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The committee on National Resources will come to order. Were meeting to hear testimony on examining the challenges in puerto ricos recovery and role of financial oversight and Management Board. I ask unanimous consent for mr. Reev, gentleman from new york, mr. Surenno and the gentleman from illinois, mr. Cutearious and the gentleman from new york, ill be alowed to sit with the committee and participate . Thank you. Hearing no objections, that is so ordered. Under Committee Rule 4 f any oral Opening Statements are limited to chairman. This will allow us to hear from our witnesses sooner, theref...

In hong kong it is just past 8 00 a. M. Probably a week that betty wants to forget. After this article by a former engineer but we are going to dig deeper into the story about the patent fight. In the markets, not a lot of fighting to get to the top in the markets. He saw the dow hit yet another record high. Thenteresting to hear coming back hashtag coming back. Lets get a market check. That puzzlement certainly playing out at the start of trading in asia this friday. They are still set for a fifth weekly gain. With the yen below 113 were of ag pressure, down 7 10 percent. Toshiba on the up al...

Sale. Toyota beats Second Quarter estimates in the u. S. The hour is in and the truce in gaza continues to hold as israel removes its troops from the strip. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Welcome to worldwide exchange. Were expecting the composite services pmi out of the eurozone this morning. Weve had the individual ones. Its coming at 54. 2. It was forecast at 54. 4, so its a touch weaker than specd. It does fall on the Italian Services pmi. That is from 52. 9 back in june. Theyre pretty much in line as expected. 50. 4 in the la...

Mexicos first lady under fire for taking houses from companies doing direct business with her husband, the president of mexico. Now, for the first time she is speaking and Michelle Carusocabrera will tell us what she says. First to sue at the nasdaq where she will talk to the ceo of a company that just went public. Thats a great story and we will get to it in just a bit. We begin with mounting fears about the safety of cars on american roads. Regulators calling for a National Recall of millions of cars with air bags made by japanese auto parts supplier takata. Phil lebeau joins us live from th...

Morning. Five banks have been hit with major fines. Kayla tousche joins us on set with some of the details. This is the settlement weve been speccing for weeks, for months. An 18month investigation by authorities in the uk as well as the uk as well as switzerland have announced a joint settlement with five banks, urging them to pay more than 3 billion to settle charges of key Foreign Exchange rates in the 4 00 hour is when most of the activity, according to the press releases, happened. Its going to be a costly one for many of these banks. Ubs will pay the most at about 800 for a threeway sett...