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It is worth noting that the january wti contract expires today so you very likely will see higher prices for wti tomorrow. In the meantime gasoline prices dropping four cents over the last two weeks. The lundberg survey puts the nationwide average at 2. 06 a gallon. That is the lowest weve seen in over six years. With more on the oil story and whats happening with the markets in just a moment. But, first, a developing story outside the world of business. At least one person was killed, 26 others injured, this after a car crashed into a crowded sidewalk on the Las Vegas Strip. Police say the ve...

Funds. Pitches his takeover directly to the board. The bid is worth 5. 6 billion. Those are the headlines. Lets take a look at some of the markets. Tokyo and bone by right now a bloodbath with linkedin shares down nearly 30 . Look at why investors are rushing for the exits. More changes afoot at Sumner Redstones empire. What is next for cbs and viacom as the companies embark on a new era. The zika virus continues its spread, rising in the u. S. And spain. Could genetic engineering be the answer . First, to our lead. Linkedin shares plunging in afterhours trading as much as 30 on weaker than ex...

Bet is for gamblings future. Carmines a restaurant. They have changed the landscape of family dining. I will talk to the chief executive of the 100 million restaurant business. From, lets get headlines carol massar. Ebay out with earnings after the close. Outlookany had a sales for the Third Quarter that fell shy of estimates. Revenue in the current period will be between 4. 3 billion dollars and 4. 4 billion. Lots of numbers. Meantime, yum brands posted a secondquarter profit that trailed some estimates. Sales falling at its pizza hut chain. Lower in the afterhours trade. Las vegas sands repo...

It is wednesday ear in new york city. I am erik schatzker. I am stephanie ruhle. So much news breaking this morning. It would be a blockbuster all the action is in washington. Janet yellen will be back. Rememberces committee its chair by republicans. It is alive right now. It has kicked off. There will be opening statements. Lets take a few minutes to take in our chief washington correspondent peter cook. Lets talk about the kind of question janet yellen will be facing . Senatorsbecause the are a little more gentle but also because this is a committee shared by republicans who have strong feel...

Ceo john donahoe called the corridor challenging. They showedow ecommerce search results weighing on the business, but the paypal unit showing solid growth. Pay 450s agreed to Million Dollars to settle allegations that it conspired to fix ebook prices. The trial between them and 33 attorney generals was going to start this month. Tole just paired with ibm improve enterprise business. To our lead story of the day, Rupert Murdoch looking for a new piece to his media empire and hes hoping time warner is the perfect fit. The warner has rejected initial bid and murdoch is said to be willing to pay ...