President trump staying on his manufacturing message, hosting Auto Industry leaders for a breakfast at the white house this hour. Well take you there live. Plus, an eye on earnings. Five dow components reporting results this morning, including verizon, j j and dupont. And alibaba reporting Quarterly Earnings and raising its guidance. How investments, cloud and Digital Media are paying off for the chinese giant. Yesterday at this time, Industry Leaders were meeting with the president. Nowceos of auto makers. The president tweeted, will be meeting at 9 00 with automobile executives concerning jobs in america. I want plants to be built here for cars sold here. Big piece on the cover of the journal this morning. Auto makers in the cross hairs. Mark fields of ford saying hes reread part of the deal to better understand the president. Theyve assembled task forces to monitor the president s twitter account. They should monitor phil lebeaus twitter. His note today is the one that has a lot of
Is the verdict of the child sony chief executive as he speaks out for the first time about the cyber attack prompted by the interview. Welcome to countdown. Lets start with the global selloff that is characterized at the start of the trading year. Asian stocks fell the most in seven weeks aided by the decline of crude and the fragility of the eurozone. In the u. S. , the price of wti crude fell below 50 a barrel for the First Time Since 2009. Energy companies have been the biggest losers in the selloff which is wiped out more than 1 trillion of equity verio value. The head of the election is in three weeks. It is fair today we had an oil induced route yesterday that is spilling over into today. Benchmark u. S. Oil gumbel of 50 a barrel for the First Time Since 2009 and a closed above 50 a barrel but a decline of 5 year to date in this year alone. It fell 46 last year. That is just two days. Already down by that much. After reaching that high last year of 100. It was not confined to the