Lows. And wells fargo shares under pressure. Ceo john stumpf, well take you live to washington for the latest details. Duncan donuts is teaming up with cocacola. Nigel travis is in the house and will be joining us here to talk about the news and what some are calling a restaurant recession. Get his view of the big picture in his industry coming up in a little while. Deutsche bank falling on signs that some of the counter parties are reducing exposure to europes largest investment bank. Joining us now with more on this, cnbc fast money trader brian kelly. We have kate kelly and senior markets commentator mike santoli. It started around mid day when word got out that these hedgefunds were cutting back on their Counter Party relationship. The report just to review was internal document suggesting that a bunch of hedgefunds reduced they are relationship there. And essentially this highlights concerns about Deutsche Banks Overall Health and whether it is the right place for hedgefunds to st
Randy and im randy price with mike wankum in for cindy this morning. Good morning. A gray start to the morning. This afternoon well get the sunshine but when it breaks we get hot, really hot. Randy another day of 90degree heat. Reporter the biggest concentrations develop in the last 20 minutes along 495. Thats moving to the east very slowly so if you are going through andover and new bedford, thats a line there, formed right there,nd slide eastward across the county, so you may be lucky enough to get some in peabody but really its not much. Really a few scattered sprinkles, and you widen out the view, there is not much to talk about until this frontal boundary but these will dive down towards the south so how does it shape up . Today, gray skies. Well get the thinning to the cloud cover as we head into the afternoon and the High Temperatures right up around 90 degrees, and then as i mentioned there is scattered showers, but the best chance towards the south, as the skies gray back up,
This week is no longer charged in the case. The new suspect, jason crawford, was before a judge this morning. Police say, when they initially looked at the Surveillance Video they idd and arrested thomas ford junior. When they took a closer look , they noticed a tattoo on the suspect that ford did not have. They slowed it down. They stopped it, they moved at a fraction of an inch, the and thats how we were able to identify mr. Crawford. Ed police say he beat yun yong han with his pistol and a fire extinguisher before taking money from the register. Crawford is being held on 75,000 bail, tonight. The store owner, is still recovering from his injuries. Jc also new, a fire captain in keene, New Hampshire is found guilty in a prostitution investigation. Robert diluzio was arrested in july after police say he agreed to pay for Sexual Services from a woman who had advertised online. The 44yearold was given a 12month suspended sentence pending Good Behavior and completion of a sexual recovery
This week defining the future series where im working to connect you with some of the most innovative people and companies in business today, both public and private. How do you escape a dreerry day in the market . Dow lost 85 points. S p shed 85 . You ill tell you how, you come out to San Francisco for the week, thats how. Were talking about all of the companies and these arent acceptable for the wins of the fed and lock of Economic Growth worldwide. We are talking to companies that are trying to win your affection. Either for themselves or for their customers. Theyre not content to just give you the same old same old. They want to give you some things that are bigger than what you need right now. Because they are trying to give you what they think youll need. In the future so you can stay ahead or the competition just beats you. All right . Thats what its about. Think about it like this. Action in the daytoday stock mark set hostage to what some Federal Reserve governor says about ra
I can relate to this story. Oh, man. Got a lot of kids artwork . You want to keep some of that stuff. I cant throw that away. This will help you then. My mom saved my poster from the first grade. You have yours, too . This is going to help everyone. Im looking forward to this. Hey, warm start this morning. Everybodys back at school. It feels like summer. Temperatures in the 70s. 60s in a few spots, but night. Lots of gray skies which are sitting around out there right now, and a few sprinkles showing up. But really not too much. Were going to wait for that front to come through. That will clear things out as we head to the afternoon. A chance of scattered showers this morning. Very minimal. Notice what happens when we head for the afternoon. Skies clear away. A new batch of clouds starts coming in here as we talk about later on tonight. So i think youre going to enjoy today with those high temperatures in the 90s. Close to record heat in many spots. At the bus stop this morning, i ward