Low. Shake shack and tesla both getting slapped with downgrades. Star bucks raising prices but coffee addicts keep chucking. Well talk about why. First up it is the sign of a resilient u. S. Stock market. Eurozone officials are meeting today pushing for new reform proposes from the greek Prime Minister. Banks and stock markets remain closed. Pictures of people waiting outside the banks. Pensioners trying to withdraw some money. There is a sense, has tsipras built Political Capital post referendum in. I think that merkel is making a stand. Theres really good articles today about how merkel has emerged as being pretty much a dictator. And the wall street journal writing a story this morning about germanys rise in power over the last eight years. Its going to make it so it doesnt look good for tsipras. This dollar being strong earnings season starts tomorrow carl. Cut numbers, cut numbers, youre going to have to cut number for every international company. This is im very uncomfortable wit
Streets. Coming out on the front line. The First Openly Transgender Army officer talks about serving her country. Ive been in since 17. This is my chosen profession. And the shades of gray, red white and blue. From getsiesberg to today. How much has changed a and how much has stayed the same. We begin with that fiscal line in the sand between the eurozone and greece. It has been redrawn again tonight. Warning that if athens fails to come up with a new budget there will be no more talk of any bailouts. And in greece banks remain closed and people are only able to withdraw 65 a day from atm. The stores are running out of food and pharmacies are short on medicine. We begin our coverage from athens. At the foot of the mount christos examples his vineyards. His grapes are ripening fast and they wont wait for greece to solve their financial problems. If theyre not picked in september, they will be ruined, and so will he, and right now he cant get money from the banks to pay his suppliers. Ti
Yellen speaks at 10 30 12 30. The best showing against the yen in a couple of years. China got an update but showing there might get you arrested. You see shipments suffering. The steepest decline in almost two years. And facebook also higher premarket. How the company is looking to crack into the Music Distribution business. First up stocks on track to open strong. We have this morning on the hopes of a new proposal in greece will end the impasse and result in a bailout deal as we get ready to wrap up a volatile week for the market and week with hacks and glitches. Its been a difficult to watch question now is what happens with this deal and even if it gets done sunday what happens then some. This deal is not as good. Merkel should hate this deal even more. The Greek Parliament the right in merkels party and the left of tsiprass party cant like this but maybe theyre not loud enough. The one thing i would point out. Yesterday i said i didnt like it. Now i said listen this rally, you kn
Tenyear down. Oil is down as the u. S. Reaches an risk deal with iran. It would be the largest chinese takeover of an American Company ever if a reported 23 billion bid for a Technology Company is for real. And first up the u. S. Iran and five other major powers reached an Historic Deal this morning. The agreement eases some sanctions on iran. Oil prices down on that news. Brent down nearly 2 . This is the president announcing the deal early on this morning. I welcome a robust debate on congress in this issue and i welcome scrutiny of the details in congress. But you dont make deals with this like your friends. We negotiated arms control agreements with the soviet union when the nation was committed to our destruction and the agreements made us safer. This deal will meet the National Security interests of the United States and the allies. I will veto any legislation that prevents the successful implementation of this deal. Some of the safeguards go 15 to 20 years depending on the thing
Allows japans military to fight overseas. Hello. Greece has gained some financial breathing space while the terms of its new bailout are finally settled. Euro zone finance ministers have approved 7 billion euros in bridging finance which all countries are expected to contribute too. The European Central bank is pumping an extra 900 Million Euros into the countrys banks which have been closed for more than two weeks. Politicians will decide on friday whether to approve greeces 86 billion bailout deal. Com mix kaine reports from berlin. Reporter manifest and his colleagues discuss their berlin removal business. Their firm prides its a on being able to help clients in germany and elsewhere in europe but Corporate Tax rates in germany are among the highest in the e. U. Which means keeping the finances in order can be a struggle. Manfred says the thought of his firms money being used for another greek bailout is maddening. Translator i always imagined it in practical terms. If i lend money