You mentioned brent. Index isy getting a bounce. We will get to some companies in that indexing in just a moment. Tyson foods has come out with its competitor to the beyond meat product, and getting a bum from that of about 1 . We just had that ipo, another successful tech ipo, with fiber international. Guy crude definitely the top story, spiking up after two tankers were damaged in the gulf of oman. Our editor for commodities is joining us from new york. Is this an escalation . Luke reporter the market is certainly reporter the market is certainly reading it that way. Neither of these tankers was actually carrying crude oil, but weve seen all the reaction in the crude market. This is just outside the straight of hormuz, which iran has previously closed outside the streets of hormuz, which iran has previously threatened to close. Weve seen a drop throughout the course of the day. If you are looking at the global picture, this area accounts for 20 of crude Oil Production 40 ofy, about 3
The president ripping into the ecb chief for pushing down the euro, saying it is unfair to the u. S. And as you just heard, beyond meats incredible run continues. Shares surging once again. Now up close to 700 since its debut. Facebook is up in the premarket after launching a new cryptocurrency called libra. The move is designed to expand the companys presence in ecommerce and Global Payments also creating a regulated subsidiary called colibra which will roll out a Crypto Wallet based on the libra currency. Earlier, we spoke about the differences between libra and bitcoin. If you want to compare libra with traditional cryptocurrencies, the first big difference is that typically cryptocurrencies have investment vehicles or, you know, Investment Assets rather than being great medium of exchange and this is really designed from the ground up to be a great medium of exchange, very high quality form of digital money that you can use for everyday payments and cross border payments, microtran
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This is nightline. Tonight, 10 million names. The massive undertaking to reunite americans with their history stolen by the brutal legacy of enslavement. Were with our Michael Strahan. Im aretha. On an emotional journey. This is kind of mind blowing to come back here and see my grandfather, who i never had a chance to meet, wow. History. Its all history. The beautiful and powerful love story at the center of his familys roots. Its amazing, you think of two people, right here where we stand, responsible for us standing here. Absolutely. And the quest to help others reconnect with their lineage. Plus adina minute zell. Let it go let it go letting it go with the reallife voice behind frozens elsa. I am theatrical. I am passionate and fiery. How the Lgbtq Community has inspired her professional and personal journey. The Queer Community has really supported me, embraced my creativity. And what shes saying about the highly anticipated frozen iii. Zyrtec works hard at hour one and twice as ha
World. Im Kim Brunhuber on cnn newsroom. This is a very, very dangerous and significant storm. Southern california braces for catastrophic flooding as Hurricane Hilary is expected to make impact as a rare Tropical Storm. The first such storm in the state in decades. Searchers still are looking for victims of the wildfires on maui. Wildfires sweeping through british coullcolombia. There is extensive damage in colona. Announcer live in cnn news center, this is cnn newsroom with Kim Brunhuber. A large portion of Southern California is under a State Of Emergency and bracing for the impact of Hurricane Hilary. Historic storm is now a category 1 strength with maximum winds of around 85 miles an hour. Its expected to make landfall in the coming hours on mexicos baja, california, peninsula. Forecasters warn it will bring catastrophic and life threatening flooding. Californias governor has w warned. Please listen to emergency personnel. Take serious flash floods, lightning, possibility of torna