Shares in fiat hit the skids after the u. S. Department of Justice Reportedly prepares to sue the carmaker over its excess emissions. Burberry shares are in fashion with investors in early trade as the Company Reported better than expected underlying profit as a new ceo gets set to wear the pants. Sent to where the pen good morning once again, its thursday. Glad youre with us. Lets get straight to the markets, see what the fallout from the white house drama continues to be. The stoxx 600 is still off by 0. 5 . The dax seeing its biggest loss since before the trump election. The dax down 1. 4 , the cac off 1. 8 . The worst day in more than eight weeks. As you can see, were extending that selling pressure on the markets. Lets look at the sectors one by one. You can see autos are under pressure, off by 1. 4 . This is mainly because of Fiat Chrysler given the u. S. Investigation and the pressure on the carmaker. Well get much more from nancy hungerford. Utilities, Household Goods are the f
In china, the shanghai composite index down after 1 . Lauren new cyberattack under way has direct effect at 150,000 computers worldwide. Will tell you how you can protect yourself. Nicole retail earnings in focus today. Today we are the largest brickandmortar retailer walmart. Lauren in sports and the Cleveland Cavaliers overwhelm the Boston Celtics in game one in the Ottawa Senators looked at Pittsburgh Penguins to take a lead in the stanley cup playoffs. Treated 25 01 a. M. In new york. What about david thursday, may 18th fbn am. Lauren a Major Development in the rushed investigation. Deputy attorney general Bob Rosenstein announcing Robert Mueller has been appointed a special counsel to oversee a federal investigation into russian efforts to influence the 2015 election and allegations of collusion between the trunk campaign and the russians. Senator James Langford on special report that muellers appointment would help expedite the fbi investigation. The good folks at the fbi, career
Good morning, america. We want to get right to the breaking news for our viewers in the west. Reports that former fox news ceo roger ailes has died. Lets go right to our chief National Correspondent tom llamas with the latest. Reporter at one time one of the most influential and powerful personalities in politics and the media created a new way americans talked about and debated important issues and had one of the most public downfalls in modern history. Roger ailes the godfather of conservative media was as bomb bastic as controversial. Im in ratings, were winning. Fair and balanced. Reporter fox news, powerful was in many way as reflection of ailes himself. We want the star of the network to be the news and ailes wanted the stars of this network to be the stars. Reporter with millions watching every day and night and the top rated Cable News Network ailes succeeded turning fox news into a force of nature establishing a network of stars like bill oreilly, sean hannity and megyn kelly.
Dulles. The plane returned to dulles after the bird strike that caused an oil spill. We know that 66 people were on that flight. Everyone was okay. They made it to jfk around 2 30 this morning on a different plane. He has a superb reputation as director of the fbi. You have a prime Decision Maker there working within the process. Its a good hybrid to be able to keep the career folks at fbi and make sure they can continue their job and that you have an independent person. Robert mueller is a fantastic person. I dont know him personally and this is the right move. Former fbi director Robert Muller is getting bipartisan praise for lawmakers after he was appointed special counsel in the russia direction. It was made after intense pressure on capitol hill. President trump released a statement saying, a thorough investigation will confirm what we already know, there was no collusbe and any foreign entity. I look forward to this matter concluding quickly. News 4 is working for you. Here are 4
In the low 90s. Going to be a hot one. Still have an air quality alert. Have asthma, elderly, respiratory issues, you dont want to be outside for a long time today. Not good for that. Still hot by 7 00 p. M. A chance you can see a couple of isolated showers later. Tomorrow a better chance for storms. Take a closer look at it coming back. Take a look at the storms. Brandnew problem on the beltway. A report of an accident. Well look at that one in a second. Macarthur boulevard, again, because reservoir and foxhall, all lanes blocked. White haven parkway and foxhall road. Live picture on that. 270 south from germantown down to the spur, we had a little bit of a problem in germantown. Melissa, thank you. We continue our Team Coverage now of that water main break on macarthur boulevard with news 4s Megan Mcgrath. Problems this morning. Oh, yeah. This is going to dog drivers again today. Take a look behind me here. You can see the work that is still being done overnight. Weve got a big hole