i asked michel fleury this early —— michelle. —— earlier. asked michel fleury this early —— michelle.rly —— michelle. -- earlier. i expect will you more about this next week, when people like goldman sachs report. but on the loan so that things, this is where you saw the disappointment. —— loan side. thejp morgan boss described consumers and investors being healthy overall. the key question is what this administration under donald trump can do. there have been talks about easing regulations. on that issue, jamie dimon said growth could accelerate if some of these things d. -- diamond. you talk about these regulations and easy those regulations. donald trump has pledged that he will look to reform, but nothing has been done, yet. other concerns —— are their concerns about what it could happen down the road? there are certain issues that banks care about, but broadly speaking, you think about these big wall street firms. —— there. they have spent years in lamenting the rules that were involved in dodd—frank, the legislation passed in the financial crisis. given how much was spent on tha

michelle fleury has the details about what's ahead on wall street today.d, with president trump meeting chinese leader xijinping in florida, as well as lots of economic data. on tuesday, new numbers will show that the trade deficit likely narrowed in the month of february. on wednesday, we get a look at private sector hiring, with a report from payrolls processor adp. but of course the big number comes on friday, that is the labor department's closely watched employment report, which is expected to show an increase of 180,000 jobs in march. also happening later this monday, major car—makers will release new vehicle sales figures for march. now, auto companies have been enjoying a great run of rising sales, so investors and analysts are keenly watching to see whether the wheels are coming off the present record—setting boom cycle. michelle fleury for us in new york. joining us is nick hungerford, founder of nutmeg.com. good morning, nick! sterling has been having trouble s, but some are saying it is undervalued. well, it ta kes two saying it is undervalued.

michelle fleury has the details.rder war with mexico has drawn interest from hundreds of companies around the country. a us official told the bbc the finalists will be picked in the next few months, and will be asked to build a prototype wall in the san diego area. some of the ideas are unconventional. 0ne miamifirm is the ideas are unconventional. 0ne miami firm is proposing a sustainable structure built out of recycled shipping containers. but according to some media reports, many bigger companies are steering clear of the project, building a wall was a cornerstone of donald trump's presidential campaign. it was also one of his most controversial policies. —— steering clear of the project. building a wall. it is not yet clear who will pay for the wall. the deadline to submit bids came as news emerged that illegal crossings from mexico have fallen 67% under donald trump. that was michelle, of cores. let's sheedy markets in asia. trading better than yesterday. hong kong reopened and china reopened. many markets were

from the new york auto show, michelle fleury reports.auto show there are plenty of the big kind of sports utility vehicles that americans love so utility vehicles that americans love so much right now. but the big us automakers have been criticised for falling behind when it comes to cutting—edge technology. case in point, tesla is now worth more than general motors and ford. i've come here to ask or the executives or does it take to succeed as a global carmaker today? don't try to grow too fast, don't try to overstretch the market, don't have too much supply, hold on pricing power, get the mix right. if you put those things together you can have success you put those things together you can have success in the market. and i'iow can have success in the market. and now of course can have success in the market. and flow of course comes can have success in the market. and now of course comes the all— new navigator. it starts with a kind of a customer first approach of what they want and then how this technology deliver that, so it's really

joining us now from the floor of the new york stock exchange is michelle fleury. this is the ongoing fallout from that incident, the backlash from customers, from investors who are worried about what impact this could have on competition going forward, whether or not united response by essentially backing away from overbooking flights, if that could dent buffered ability going forward, thatis dent buffered ability going forward, that is the concern among investors. right nowjust that is the concern among investors. right now just behind that is the concern among investors. right nowjust behind me there is a stock listing of an airline from brazil, so it seems an airline is very much in focus here at the stock exchange today. and it is all numbers, figures, it seems it should be an emotional, but the markets are emotional. has this incident provoked any emotive response? what the people feel about it? many people have the same reaction when they see the video of that amount of force being used on a customer who just want to get off the plane but hadn't been misbeha

michelle fleury is in new york. sounds like an awkward fit? looking back to january, in a tweet donald trump is very critical of one japan's big companies, the car—maker toyota, criticising it for plans to build a plant outside of the united states to sell cars in the us. since then the company has said it is investing billions of dollars in the country, it has upped its input of funds into a plant in content key and what you are seeing is the trump administration trying to push japanese companies into helping him deliver on his promise, to create jobs in america and to get countries abroad to buy more american products. have the rules of the game forjapanese companies radically changed from when they operated under the obama operation? what you had seen at this point if you had to pull out the difference between the two administrations is that this president is clearly happy to use his position as a bully to pressure companies. that will have caused alarm in the japanese business community, and at government level.

michelle fleury is in the united states.s the mood on wall street ahead of the meeting between leaders of the first and second largest economies in the world. president trump will host xi jinping at his retreat in florida. us officials say the meeting is not scripted. investors will be keeping a close eye to see what the to men have to say about north korea and trade. specifically how america's trade. specifically how america's trade deficit with china can be reduced. constellation brands reports fourth—quarter results. it seems we haven't lost our taste for bare —— beer. it is expected to see continued sales growth in that sector, even as its profit margins sing. and ahead of friday's monthly jobs report, an improvement in the weekly figures of the number of americans filing for unemployment benefits. that is michelle looking ahead to the day on wall street. joining us is james quinn, business editor of the telegraph media group. lots of issues with central bankers. quite a reaction to the fed yesterday? snp ended up off. t

and michelle fleury has the details about what's ahead on wall street today.ady warned his meeting with the chinese later will be very difficult. just days ahead, the us president ordered officials to find solutions to america's trade deficit with china and other countries. with trade a key focus of the summit, all eyes will be on the latest us trade statistics due out this tuesday. the figures for february will reveal the gap between what america sells to foreigners and what america sells to foreigners and what us customers buy from overseas. they are expected to show the trade deficit narrowed to around $46 billion from 48.5 billion in january. also, keep an eye mark wright for tesla after the company surprised investors were better than expected sales this year. it has become the second—biggest us car—maker by market capitalisation after only general motors. that is michelle. joining us is richard fletcher, business editor at the times. good morning. she has said's up nicely. tesla, i find good morning. she has said's up nicely. tesla, ifind that phenomenal

and michelle fleury has the details about what's ahead on wall street today.fifth day. doubts about donald trump's ability to fulfil his progress promises are behind that. investors are hoping that first—quarter earnings will be strong enough to justify those lofty valuations. of the more than 50 companies in the snp 500 that have turned in their report cards so far, 7596 turned in their report cards so far, 75% have done better than it did, according to data from thomson reuters. the question is, will that trend continue? among those reporting quarterly profits come visa, cigarette maker philip morris and toymaker to picky. the number one us wireless carrier is expected to decline for a fourth straight quarter. investors want to know how it will respond to rival at&t‘s move into tv and content. joining us is alix stewart, fixed income fund manager, schroders. good morning. we have been talking all week, and tomorrow is a big one, with a lot of the manufacturing news come can you explain the significance of these manufacturing pmis? well, obviously we have see

michelle fleury joins me from new york. what does this mean in practical terms?he's been critical of regulations and says he wants to create an environment that is pro—business. today he was meeting with about 50 business leaders, talking to them about things that we re talking to them about things that were on his agenda. reforming or giving the dodd frank reform act a major haircut amongst those. in terms of what he can do, this would require congress to get involved. it would involve rewriting a law that was passed by the former president backin was passed by the former president back in 2010. in the wake of the financial crisis. essentially toughening up rules on banks and financial institutions. any changes to that would require votes and passage through congress. happily have seen before, donald trump has struggled with his health care law —— as we have seen before. some republicans have already been talking about this in advance of today's meeting, and have suggested that republican lawmakers are already at work trying to craft something will stop one of t

michelle fleury is in new york with more details.oposal to build a border wall with mexico has drawn interest from hundreds of companies around the country. a us official told the bbc the finalists will be picked in the next few months and will be asked to build a prototype wall in the san diego area. now, some of the ideas are unconventional. 0ne miami firm is proposing a sustainable structure built out of recycled shipping containers, but according to some us media reports, many bigger companies are actually steering clear of the project. building a wall was a cornerstone of trump's presidential campaign, but it was also one of his most controversial policies and the political challenges may prove greater than the engineering ones. it's not yet clear who will pay for the wall. the deadline to submit bids came as news emerged that illegal crossings from mexico have fallen 67% under donald trump. joining us is kathleen brooks, research director for city index. hi there. kathleen. good morning. we talked about the red lines being draw

we'll assess that more in a moment — but let's first head to the us where michelle fleury has the detailsg streak. will the latest earnings out of america change that momentum? shares in the big american bank goldman sachs weighed heavily on the markets on tuesday. that was after its quarterly results disappointed investors. this wednesday, morgan stanley reports first—quarter results. cost—cutting and a strong performance by its trading desk is expected to lift profits. meanwhile, failure to keep down expenses could cost american express. analysts are forecasting a drop in its quarterly profits and the payment company is also suffering from lower rates to merchants as well as competition in the reward space. and on the technology front, well, improved royalties from chinese smartphone makers, that is expected to lift the bottom line of chip—maker qualcomm. so there is plenty going on, really busy right now. joining us isjeremy stretch, head of currency strategy at cibc world markets. nice to see you. good morning. lots of stories breaking yesterday, moving markets and let a lot of as mr

let's bring in michelle fleury, live from new york.ty sizeable? estimates of the cost of the full wall range from $12 billion to more than 20 billion. to be clear, the pa rt than 20 billion. to be clear, the part companies are bidding on right now, the deadline you are there into, this is to build a prototype and we are told by officials that it will be constructed in the san diego area, that would cost closer to 200 or five area, that would cost closer to 200 orfive in bears and each, not the full sum of money. —— close to 200 or 500,000 each. several companies have lots of ideas about what the potential border wall could look like. how does that scale up to the point where the whole thing gets done? just this small area, some of the ideas involved, from what we understand, because the process at the moment is fairly secretive, as is normal, i should point out, what we understand from some companies there is talk of a solar wall, a sustainable structure built out of recycled shipping containers. what that looks like translated across

here is michelle fleury. earning season continues this week. three companies will all be reporting.erican wireless carrier. it managed to attract new customers and also managed to secure a book of broadcast airwaves in a government auction, making t mobile some stiff competition. meanwhile, halliburton is the world's number two oilfield services provider and while oil prices are picking up, the cost of reactivating will riggs and equipment is putting pressure on earnings. finally, starwars and disney princess dolls gave hasbro a big boost this time last year. comparatively, though, it will be ha rd comparatively, though, it will be hard for the toymaker to meet and beat the numbers from a year ago. that was michelle, giving us a heads up on what is ahead in the us. we have the head of multi—asset is at royal london asset management with us. royal london asset management with us. trevor, are royal london asset management with us. trevor, are you royal london asset management with us. trevor, are you with the share markets and the euro and cheering the outcome of sunday's election in

let's check out the details with the bbc‘s north america business correspondent, michelle fleury, whon the past, called out along with other auto companies for not making enough cars in america. the company is committed over several years, $10 billion. we are now several years, $10 billion. we are now finding out where some of the money is going. 1.3 billion is going to georgetown canterbury, the largest facility outside of japan. to georgetown canterbury, the largest facility outside ofjapan. i was talking a short while ago to a manager there, the president of that plant, it is part of a retooling, it is not going to create newjobs, but it is the new manufacturing system that toyota is moving too, which it hopes in the long run will cut the cost of producing new lines of vehicles. that is what the thinking is. it is not the kind of decision not made up of snap overnight, but donald trump keen to take credit. toyota keen to be seen to be playing ball with the president as they included his name in their statement. does donald trump's insistence on investing in america has changed the

michelle fleury is at the new york stock exchange. thanks forjoining us.n e—mailto her six years ago. why is she going7m an e—mail to her staff she talked about the fact there are some jobs that are always on jobs in other words, 20 47 round—the—clock dealing with one pr crisis, one issue. —— 24-7. with one pr crisis, one issue. —— 24—7. 0thers with one pr crisis, one issue. —— 24—7. others are reporting there was tension between her and the chief executive of cuba. that they a p pa re ntly executive of cuba. that they apparently didn‘t always see iti. he in an e—mailto apparently didn‘t always see iti. he in an e—mail to staff, though he didn‘t givea in an e—mail to staff, though he didn‘t give a reason, was full of praise for what she had done for the company and that he looked forward to hiking the skyline trail with her for many years to come. it's been struggling under the weight of negative press this year, uber. 0ur people seeing a way forward for the country? that is an understatement. there was a grassroot campaign urging users to delete their acc

michelle fleury is at the new york stock exchange.uences from if you like, as they are called. the regulator decided it was time to issue a reminder of these rules in particularfor those who don't know, so this is the first time they have actually written to influence others. basically telling them, these are the rules, if you're posting something that was influenced by money or some free gifts, you need to make that explicit. all of this, as you say, isa explicit. all of this, as you say, is a reflection of the growth of digital advertising.” is a reflection of the growth of digital advertising. i like the word influencer, what is and influencer exactly? jamie, in my mind you are a lwa ys exactly? jamie, in my mind you are always an influencer. when talking about social media it's always an influencer. when talking about social media its people who have the power to move people's thoughts, ideas. in marketing terms someone who has many, many followers. a fashion bloggerfor exa m ples followers. a fashion bloggerfor examples who says,