they expected declines at dbs and ebc.seeing a pickup in economic activity and also healthy trading care helping returned to profit. ocd will be the next to report and are expected to have an impressive number with a 67% increase according to analyst recommendations. shery: when it comes to dbs, this all comes at a time when they are embracing the work from home model. >> we heard from jamie dimon this week who said it is time to get back to work. it does not seem to be the case for southeast asia's largest bank. they had done an internal review and found that four out of five of their employees worked seamlessly from home. up to 40% of staff can work home if they choose and earlier this month, we saw dbs announced they would be giving up some of their office space. they are going to surrender to and a half floors, certainly moving towards these pandemic related work models. shery: let's turn now to china's biggest banks. they posted profit gains below 3% policymakers leaning on lenders. for more, let's bring in markets co

. >> people blasting music at 100 db or higher and you also get muscle cars and the motorcycles popping wheelies and doing do nuts. >> reporter: the city says the new traffic measures will last until november. council president nikki represents this area. >> resolutions are going to be hard. it's going to take a little bit of time, but i'm out here talking to folks so that i can work with other folks inside the city to find some solutions that will work. >> reporter: the city is setting up a designated vending area, but many of these vendors decline to go there, complaining they have to pay and the rules are too strict. >> we not asking for handouts. we out here trying to survive, provide for ourself. >> we're not trying to be illegal. we're just trying to survive. a person like me, i lost my job a whole year ago, and i haven't been able to get a job that pays the rent. >> reporter: neighbors say it's not just about quality of life, the large crowds at the lake can sometimes lead to dangerous problems. at around 6:30, someone fired several shots at this car. we're not sure if anyone was

the companies that have ownership in marina bay financial center listed in hong kong and singapore, dbss falling .6%. let's get a quick check of the business flash headlines. and a labor union has accused amazon of illegal behavior in a vote to unionize one of its warehouses in alabama. the retail wholesale and department store said the company tried to taint the vote with a series of actions aimed at influencing the outcome. amazon holds a 2:1 voting advantage in the poll, which will decide whether it can unionize. they will vote later friday. an advocacy group for muslim americans sued facebook for failing to police hate speech. the nonprofit group claims company officials violated a consumer protection law, falsely promising the company would remove content that violated community rules. the lawsuit alleged failing to enforce such policies caused a wave of anti-muslim abuse. apple is set to argue in court consumers and developers will suffer if epic games succeeds in upending how the apps market is run. epic plans to highlight anticompetitive behavior. the arguments were revealed as

recognize that we actually need to move from this sort of program@ic approach -- prom attic approach db problematic approach to business communities, how we're doing in our operations, how we think about risk management, how we're advocating for public policy, how we're making philanthropic investments with a lens towards environmental justice. so i say these three areas -- meeting our $1 trillion commitment, achieving our net zero goals but do it in a way that really drives out environmental justice is a key area of focus for us. fabricio: excellent, alex. thank you so much for joining us and for such an inciteful conversation -- insightful conversation. alex: thank you for having us. fabricio: thank you, bank of america. elena, over to you. elena: i am a congressional reporter for axios and happy to be joined by house minority whip steve scalise from louisiana. the number two house republican. congressman, thank you so much for being with us today. mr. scalise: thank you, elena -- thank you, alayna. alayna: today marks the 100th day that president biden has been in office. he gave his

i want to say the word mongo mongo db all of the database kids say oracle is out and mongo is in.like mongo? >> back when the original database was created, data was expensive. they had to keep everything tightly packed think about a car. what is the best way to store a car? the garage desk dismantle the car and put everything in order. data is cheap. we don't have to put all of the tires in one place and have a programmer say bring me this, bring me that. programmers love it. kids love it the market is still growing. mongo doesn't have to steal oracle share it has revenue of less than $1 billion. it has a long way to go. >> quickly all of the attention on covid the last 13 months for good reason we forget there is bad stuff a lot of cancer. novocure >> i love novocure very innovative. you have brain cancer. guess what you don't have to have chemo or radiation. they put something like a swimming cap on your head and it literally zaps the cancer. keeping the good stuff good news. >> you heard the music, cate not my call. the end of the show. another show "squawk box" that wants to

and the medical analysis of floyd's cause of death as the dbs argues he died of a drug overdose and pre-existing>> those other contributing conditions are not conditions that consider direct causes, is that true? >> they are not direct causes of mr. floyd's death, that's true. contributing causes. >> as of cause of death you found then and you stand by today the event of the death of mr. floyd is still classified a homicide? >> yes, i still classify it as a homicide today. >> and that's larry blackwell leading that examination. joining me now to discuss this is benjamin crump, the attorney for george floyd's family. so good to see you, ben. the first week of testimony we were collectively, the nation sad and shocked to hear what witnesses saw, did and felt. and in the second week of the trial, viewers have expressed anger and exasperation when hearing these medical experts and former police chief's testimony on what was a slow-suffering killing by unauthorized use of force. how have you and family members been feeling during all of this? >> well, fredericka, one of the things i told the family a

you can find it on db digital radio. bloomberg. ♪ want to save hundreds on your wireless bill? with xfinity mobile, you can. how about saving hundreds on the new samsung galaxy s21 ultra 5g? you can do that too. all on the most reliable network? sure thing! and with fast, nationwide 5g included - at no extra cost? we've got you covered. so join the carrier rated #1 in customer satisfaction... ...and learn how much you can save at xfinitymobile.com/mysavings. guy: -- david: from bloomberg world headquarters in new york, welcome to "balance of power," where the world of politics meets the world of business. we'll start with a check on the markets. joining us is abigail doolittle. i did so we lost about three basis points on the 10 year. abigail: there is a rally in bonds. it is a two day rally because the overall mood seems to be more risk on, reflationary, reopening towards vaccine optimism. yet you have haven bonds. not a big rally but over the last days the tenure yield is down six basis points, back below 1.7%. it seem

different types of discrimination and it is wrong to try to use our painful past to dishonestly shutdown db. >> like senator scott the governor is with the onset tonight don't share biden's cream you for america. governor desantis touched on this in the beginning but i want all of your reaction to the hideous response to tim scott's rebuttal to biden yesterday. the hashtag uncle tim was trending through twitter all day long because the biggest threat to the left is an individual who disagrees with the left what happens to be a minority. >> they use race to divide and attack each other and it is wrong. in texas we use everybody to unite, a quick example to show you the opportunities that exist in texas, ranked number one in the nation for black owned business and job creation, for black-owned women or hispanic owned business job creation or hispanic entrepreneur, doesn't matter your color or background, texas is the land of opportunity for absolutely everybody and we want to unite everybody, not divide people. >> kamala harris this morning when pressed on this issue, we will play it. >> i do

dbs group posted their first rebound in quarterly profits since 2019. net income at southeast asia's largest lender moved to 1.5 billion dollars in the first quarter, a sound beat on expectations. up next, we ge haidi: we are expecting numbers of japan, the jobless rate as well. we did see a pause when it comes to hear your ration in the labor market. -- deterioration in the labor market. we did see the end of the second state of emergency as well as government infrastructure spending supporting employment across the badly affected industries. not sure how long that will hold for given that we are now in another state of emergency. the ratio coming in at one point one, slightly higher than expectations. cpi year on year, a contraction of .6%. that is more deflationary than expected, a contraction of 2%. with a out energy volatility and energy costs as well. we are seeing just a flat number when it comes to that inflation number. let's take a look at the market reaction, this as we see the yen holding pretty steady. what are you watching? >> japan is com

number three, i would say that my conversations with mb mlb db major league baseball was very clear about the fact that i did not think the boycott was necessary. i was very intentional about my language. i continue to be intentional about my language. and while i am not the commissioner of baseball, i'm not the head of a corporation, i am a georgia citizen. and i have every right and responsibility to seek out -- speak out against laws that will have an effect on my community. and, yes, while i certainly regret the decision that mlb made to remove their game from the county and the economic effect it will have on georgians writ large, i support anyone who will fight to stop this type of bad behavior, the type of racial animus, the type of voter suppression from happening in georgia or elsewhere in the country because to me, one day of gain is -- game is not worth losing our democracy. senator cotton: thank you, ms. abrams. after you told corporations boycotts work, i doubt your words are comforting to the thousands of georgians who will lose their jobs, will have their livelihoods affect

i apologize for the quality of the graphic but this is data from a company called dbs that tracks the number of office broker tours in different cities and their showing san francisco has had the strongest downturn in terms of viewing office space of any of the major cities they track. and that really now san francisco is back to where it was in 2019 beforethe pandemic . another bright spot or at least a sign of an adjustment taking place, this is data from a few days ago from cbr e showing a big spike in 2021 and the number of potential tenants. that's the green on this chart. the ratio of the amount of space available to the amount of spacecustomers are looking for is the orange line . when that number starts going down aroundtwo , that's where the normal rate is issued so the number is elevated . it is starting to move in the direction towards every and that is a sign normal market aggression. let me conclude and i'll be happy to take any. it's clear from the cbpr report that many businesses are rethinking their work from home policy and in some cases that's leading them to reduce

i apologize for the quality of the graphic but this is data from a company called dbs that tracks the number of office broker tours in different cities and their showing san francisco has had the strongest downturn in terms of viewing office space of any of the major cities they track. and that really now san francisco is back to where it was in 2019 beforethe pandemic . another bright spot or at least a sign of an adjustment taking place, this is data from a few days ago from cbr e showing a big spike in 2021 and the number of potential tenants. that's the green on this chart. the ratio of the amount of space available to the amount of spacecustomers are looking for is the orange line . when that number starts going down aroundtwo , that's where the normal rate is issued so the number is elevated . it is starting to move in the direction towards every and that is a sign normal market aggression. let me conclude and i'll be happy to take any. it's clear from the cbpr report that many businesses are rethinking their work from home policy and in some cases that's leading them to reduce

under the georgia law, early voting is expanded in a lot of small counties but not the most pop louse dbs -- populous ones. the strict rules will affect georgians who work for a living. they'll have less flexible schedules and fewer opportunities to vote. i spoke to you about the single greatest outrage -- ordering food and water to voters waiting in line now risks criminal misdemeanor charges. long lines for voting in georgia are an unfortunate reality and often found in the poor densely populated communities that tend to vote democratic. during the primary election last june, when temperatures hovered above 80 degrees, high humidity. there were lines in which voters waited more than two hours. now they will be denied access to water and food. if you go to the polling place under the new georgia law, it will be harder to vote. they put strict requirements there. if election problems arise, a common occurrence, it's more difficult now even in court to extend voting hours, with a mix of changes to vote counting, high turnout elections will probably mean long waits for results. we remember