Equipment supplier disappoints with weak Second Quarter earnings. The market also waiting for nokia numbers with the hand setmaker expected to confirm that losses have narrowed. And its decision day for dell as shareholders are set to vote on the companys buyout offer. Carl icahn who is leading the bid against the deal got the last word right here on cnbc. Ive never seen one as bad as this. I really mean it. Ive never seen anything where they actually go out and they scare their own shareholders. And another big name investor causes quite a stir on cnbcs delivering alpha conference. Nelson peltz calls for a shakeup in the Food Industry urging pepsico to merge with mondalese. Good morning, welcome to todays show. Plenty of news out there today. Let me bring you up to speed with some news crossing. Ecb is not all purpose weapon for all problems. So suggesting that perhaps the firepower of the ecb cant solve all the ails of the eurozone. There is plenty on the corporate front today. Let m
They are working on putting together a description of the gunman. This is san joses 33rd killing of the year, san jose had 36 homicides in all of last year. To the wild fire burning near yosemite. The fire prompted concerns about what the ash might do to the reservoir which supplies water to San Francisco. Jay gray has the latest on what firefighters call the rim fire. Reporter overnight the rim fire intensified. Growing out of control and pushing in most every direction. The fire is still dynamic, still growing. To what extent we do not know at this point. Reporter the violent blaze seared close to 200 square miles including a corner of yosemite park. The fire is in the park, they just too volatile for the firefighters to attack it with any degree of success. Reporter the flames are far from cam sites and tourist areas but highway 120 through the park is closed. A half dozen aircraft and more than 2600 firefighters on the ground are battling the wildfire where and when they can. But l
Rudy Giuliani, the attorney to President Donald Trump, is interviewed. Panelists include Jonah Goldberg National Review ; reporter Gillian Turner Fox News ;. President has a concern. But he absolutely respects the independence of the fed. The market expects Interest Rates to keep going up, the only question is how far and for how long we think the fed will be very careful in managing the economy. Chris in fact, isnt it responsible as the Economy Heats up. When weve had these artificially low Interest Rates when the economy was chugging along at 12 percent. Isnt it responsible for the fed to increase Interest Rates . I think it is in the market expects it. Its been targeting two Percent Inflation and with two Percent Inflation, we have to have slightly higher Interest Rates to manage through that. Chris i want to ask you about another potential drag on the economy and that is the drop in some tech stocks. Facebook dropped 19 percent on thursday. Twitter fell 20 percent friday. Intel and
Rudy Giuliani, the attorney to President Donald Trump, is interviewed. Panelists include Jonah Goldberg National Review ; reporter Gillian Turner Fox News ;. Rudy Giuliani, the attorney to President Donald Trump, is interviewed. Panelists include Jonah Goldberg National Review ; reporter Gillian Turner Fox News ;. President has a concern. But he absolutely respects the independence of the fed. The market expects Interest Rates to keep going up, the only question is how far and for how long we think the fed will be very careful in managing the economy. Chris in fact, isnt it responsible as the Economy Heats up. When weve had these artificially low Interest Rates when the economy was chugging along at 12 percent. Isnt it responsible for the fed to increase Interest Rates . I think it is in the market expects it. Its been targeting two Percent Inflation and with two Percent Inflation, we have to have slightly higher Interest Rates to manage through that. Chris i want to ask you about anot
Black people getting rights. You didnt like women. If you follow our team, you may fear that we are going to present, mr. President a speedo. We are not. We instead are going to present you a jersey to forever remember our team as the champions of 2017. Im on top of the world im on on top of the world brian im just realizing that Daylight Savings time doesnt really affect the morning. Jillian it doesnt . Brian actually keeps it dark. Steve Daylight Saving g saving time have you trouble falling asleep or getting up. Ainsley did you get a lot of sleep last night. Steve i didnt the day ainsley did you take that nap . Yesterday was national nap day. Brian i was waiting for a meeting to start thats usually when i nap. Not during the meeting. Steve did we have a meeting . Ainsley he represented both of us if thats the case. Steve thank goodness. Do you know who feels good this morning in the president of the United States and why, because . This is a fox news alert. The House Republicans on