Apparently there are not enough people there to buy their products. Others having second thoughts about making Big Investments over in the worlds most populous country. First to sue at the new york stock exchange. We will start with the raging california wildfires. Just a few miles east of los angeles. Governor brown has just declared a drought state of emergency. More on that in just a moment. Some 1800 acres have been scorched, more than 1,000 firefighters are on the scene, and governor jerry brown is expected to speak any moment now. Heres the weather channels julie martin. Reporter the good news is the colby fire did not spread overnight. Firefighters worked around the clock to contain the fire and put out hot spots. It still stands at 1700 acres, about the size of two central parks, and as far as containment, about 30 . However, the Incident Commander on the scene tells me he does expect containment numbers to come up today, though it will still be a few days before full containme
Tenyear eeled reacting to a ppi number that did run a bit hot, first rise in a few months and europe in the green at least for now. Our roadmap begins with a cnbc exclusive. With both apple and china mobile ceos, apple shares rising in early trade on the tech giants new deal with china mobile. Bank of america reporting betterthanexpected Fourth Quarter results. And as new ceo mary barr takes the helm, gm expecting pretax profits to rise modestly this year but margins remain flat until 2015 on the back of news that the automaker will pay its first Quarterly Dividend in almost six years. And elon musk taking on the government for the proper term for teslas fixes. First up, though, apple shares rising in the premarket on optimism surrounding the companys deal on china mobile. Tim cook saying it will help bolster sales in the Biggest Smartphone market and china mobiles chairman said the agreement will entail various cooperative ventures and will not be limited to iphones. Cnbc spoke exclus
0. 4 . Then this afternoon, well get the feds beige book. As for earnings central, bank of america is expected to post earnings of revenue of 20. 2 billion. Other corporate headlines for you, General Motors, theyre going to be paying their first Quarterly Dividend on its common stock in almost six years. The stock rising on news in extended trading. Lets go now from autos if we can to air lines. A japan air boeing 787 now grounded at together yoeps ae airport today. Regulators there are demanding checks to see if the aircraft is fit to fly. Yesterday, white smoke vented apparently from the plane in a battery shell showing signs of melting. Boeing says the problem was discovered during scheduled maintenance. And the good news, no passengers were on board. On wall street, a Federal Reserve official is going to be telling lawmakers that regulators expected to write more rules. So all of the Big Department about Goldman Sachs carrying aluminum around. The rule could include higher Capital
Delivers a big surprise. No, not a royal baby but to members of the animal kingdom, twin pandas make their debut at atlanta zoo today, tuesday july 16th, 2013. Good morning. Welcome to a special edition of today on a Tuesday Morning. Im Savannah Guthrie in los angeles. Matt and al back in new york. It was so hot there i had to get out of town. You did the right thing savannah. You really did. Im here with al roker and were having a heat wave. Its official. Three days in a row. Although its not so bad out here right now, 83 degrees, its going to get nasty this afternoon. Thats right. The heat right now were in the shade but once the sun gets up everybody is going to start baking. Humidity levels, and this extends not just to here in the northeast, all the way to michigan and as far west as the Pacific Northwest. I was driving into new york yesterday and the car, you know the thermometer that tells you how bad it was outside said it was 103 on the streets of map hat tan. Stay where its c
good morning. welcome to today. it s 7:00 a.m. on the west coast on thursday. i m matt lauer along with al roker and natalie morales. there is growing concern over the health of nelson mandela. after visiting with him south africa s president says mandela is showing signs of improvement. president obama offered his prayers where he is kicking off a week-long trip. we want to get to the hospital in pretoria. what is the family saying about the health of mandela? reporter: hey, good morning, savannah. earlier among these out here we saw some of the grandchildren collect some of the flowers and one said that nelson mandela is stable. one of nelson mandela s daughters said he is responding at times and opening his eyes though she says it doesn t look good. meanwhile, one of nbc news s special correspondents is conducting exclusive interview with zinzi mandela. the family would welcome a visit from president obama if the doctors allow it. president obama saying that nelson