Producers about a planned output cut. Wti has fallen under 50 a barrel. Right now 49. 43. As for stocks to watch, chep ch chipotles Third Quarter profit falling. The samestore sales fell nearly 22 , worse than expected. They have forecast sales to rise in the high Single Digits in 2017. Panera breads Third Quarter results beating forecast. They were helped by price increases on its menu and it is raising the fullyear outlook. That stock seeing a nice pop. Pandoras Third Quarter earnings falling short of estimates. They are also cutting the fullyear guidance as the number of active listeners fall and costs rise. Akamai rising 6 beating forecasts. The company, which helps speed up the delivery of content over the internet was helped by Strong Demand for its Cloud Security products. Pandora, whats the problem . Apple . I dont know if its apple, i think its more of a spotify thing. Spotify is doing well . Its just a fraction just split up now. Its a tiny thing. What are people using . Do y
In dallas. The demonstration is being held over the Fatal Shootings of two black men. Manus youre welcome to countdown. The very latest, we go to the front page. This is what we are looking at. Were talking about the dallas shootings. Lives protestck march in dallas. We understand officers were shot from elevated positions at about 8 45 p. M. Local time. Interest has turned themselves in any suspect was in custody after. The dallas to Police Department said with heavy hearts there devastated to report the fourth officer has been killed. The shootings, this attack comes in the aftermath of two more young incidents where two black men were shot in louisiana and minnesota. These protest marches have turned into something much more significant. This was a black lives matter protest. As we get more information on that situation in dallas, we will bring that to you. We are getting live reports across twitter and the bloomberg terminal. That is everything we know at this stage. As we get more
Then the wife of the terror suspect ahmad rahami is on her way back to the United States with escort after being questioned about the new york and new jersey bombings. Puerto rico this morning waking up in the dark, the island without electricity after massive power plant fire. She faced tough questions of skyrocketing cost of epipen. The central bank saying that the case for rate increase has strengthened though. Take a look. Up about 1 on the each of the mayor averages, we are heading to 2 gain this morning. In asia overnight higher across the board. Holiday in japan. Major averages between a third and one half percent. All this morning and joining me to talk about it fox business Dagen Mcdowell and etna health ceo you didnt call me the ceo. Maria they pulled out of obamacare, but athena. You probably do not join the program. Big brother is moving onto Better Things and the stick is moving away. Maria we will talk about that jonathan. Thank you so much. Good morning, everybody, break
From the eu, saying it never had , sweetheart deal in ireland the effective rate. 005 . You can follow me on twitter, and dont forget to include trendingbusiness. Japanese stocks outperforming the region. Malaysia closed for a public holiday. Singapore and taiwan coming online. Latest here. We are seeing that solid session coming through , so aapan, up by. 9 end august. Tive i we did have production figures from japan missing the mark, down 3. 8 . It doesnt seem to have stopped the buyers. Taiwan flat, some downward pressure in singapore. Korea, some downward pressure, off by. 1 . We had a solid session tuesday come through from the kospi as the won rallied against the dollar. Industrial production out of south korea as well, up by 1. 6 july year on year. Australia hurt by the downturn in commodities. Quite a bit of weakness from those energy players. The gold space also being sold off. New zealand down by a 10th of 1 gain. Ersing that earlier it we will be watching out for those banki
The ceremony observed a moment of silence. Local news, 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world. Bloomberg west is next. Emily this is bloomberg west. Coming up, apple pushing hard against a court order asking the company to unlock another iphone. We will bring you all the details. Plus, is the future of Net Neutrality under threat . We look at a new bill making its way through congress and what the new rules could mean. And japan rocked by the second powerful quake in 24 hours. We will check out what the rest of the world is doing to catch up. First, to our lead. Another tug in the tugofwar between apple and the fbi over encryption. The Cupertino Company refusing once again to help investigators hack into a phone, reiterating its court case. The governments need to substantiate its need for apples assistance alone provides more than sufficient grounds to deny the governments application. The judge sided with apple. What does this m