is just ahead. and a live look at wall street. futures board is back in the green following a volatile session yesterday. we ll look at the challenges the fed chairman now faces in trying to bring down inflation. good morning. welcome to way too early thank you for starting your day with us. there is a lot to cover this morning after a stunning day in washington and new york. first, we learn that new york attorney general latisha james filed a lawsuit against donald trump, the trump organization and three of trump s adult children. accusing them of fraudulent financial practices. we also learned of new developmentes from the house select committee investigating the january 6th insurrection. the wife of supreme court justice clarence thomas has agreed to speak to the panel in the coming weeks. and finally, a major victory for the justice department and federal investigators. an appeals court is allowing the doj to resume its criminal probe of classified documents seized
the declaration will grant access to emergency assistance for residence as the island begins to recover from hurricane fiona. the first category 4 hurricane of the season fiona left more than 500,000 people without access to water in puerto rico. around 30% of residents have had power restored as of yesterday afternoon. the amount of damage to the island in terms of cost has not yet been calculated. eight deaths have been reported so far. fiona is on track to brush the territory of bermuda before turning out to sea and north towards canada. still ahead, the owner of two pro basketball franchise will now sell the teams after intense criticism over his conduct. plus, russians fill the streets to protest putin s decision to send hundreds of thousands of men to war. we ll be back with all of that when way too early returns. y s
shelly agreed to sell the clippers for $2 billion to former microsoft ceo steve ballmer. i want to bring in keith reid, a former editor at epsn. i have to tell you, it s a good thing i like soapy tv shows, otherwise i wouldn t be able to follow all of this. it s unbelievable, the twists and turns in this drama. my first question is, sterling agreed not to file suit against the nba. so is it in sterling s best interests to proceed here? it s hard to say. you re absolutely right, dana. this is really a soap opera. this is daytime drama playing out in realtime. what you have is donald sterling, who just a few weeks ago was in total control of this nba franchise, the best basketball franchise right now in the market. and today he s in a position where he s either got to sue to
their helmet i think black and white people in america would see it for what it is. it is a racial slur. we should have zero tolerance for this. we would hope the nfl, mr. schneider and the redskins organization could take a leadership role on this. we want them to get out and lead on this issue. they shouldn t be pressured by different nations by different american indian nations. they shouldn t have to be pressured by the federal government. it s the 21st century. there is a way in this language, the i am image, as well as the name does as much violence as the name washington bullets did. you saw the basketball franchise had to change. there is a recovery time for brands, though. we should be sympathetic in some ways for. but at the end of the day, what s right is what s right and their name is very wrong. and government reaction coming in. nancy pelosi recently told the hill, it would probably be a good idea if they changed the name. president obama said he would think changing t