The great bob cousey, former point guard for the boston celtics. Well break any headlines that come out of white house as the hour goes on. Apple revealing the next lineup. What we know about the upcoming product. The release of a socalled proiphone. New concerns over vaping. Cdc now investigating the link between the rising trend and mysterious illnesses reported in 16 states. Melissa fox Business Team coverage. Blake burman is at the white house, gerri willis is on the floor of the new york stock exchange, Edward Lawrence live from jackson hole for the feds annual meeting and phil flynn enjoying all the action in oil at cme. Lets start with blake burman. Blake. Reporter melissa, President Trump continuing his criticisms of Federal Reserve. What is new for the president , a main focus of the president today was specifically focusing in on germany, the negative bond yields there. This is what the president wrote at one point earlier today, saying germany 30 year bond offering negative
The Administration Made a big move on huawei with Edward Lawrence covering it from the white house. Reporter President Trump is not ready to make a deal with china. Every countermove or every move to increase pressure on chinese, are met by countermove by the chinese who have not backed off, or come back to the table, when china had stimulus for its companies and economy, white house announced 90 days for companies to stop selling to huawei. The news heard on mornings with maria. It is another 90 days for the u. S. Telecom companies, some of the rural companies are dependent on huawei. So were giving them a little time to wean themselves off but there are no specific licenses being granted for anything. Okay. Reporter this is relief chinese were looking for, they said u. S. Should allow huawei to continue to do business with u. S. Companies. The they are looking for chinese to reverse course to buy agriculture from the United States. This delay comes as tim cook, the apple ceo, met wit
This hour. Protests in hong kong protests in hong kong continuing for the 11th week. Residents converting their money into other currencies. Twitter and fast facebook cracking down on misinformation. Business roundtable a group of top ceos, including Jpmorgans Jamie Dimon now saying the purpose of a corporation is no longer about higher profits or shareholders. Well tell you what its saying instead, what it would mean for some of the worlds biggest companies. First it was the Dominican Republic. Now costa rica. The Health Ministry in costa rica 25 people have been killed as a result of tainted alcohol. Were bringing you the latest details. Connell back to the markets. Three days in the green, well bring you coverage from Kristina Partsinevelos from the floor of the new york stock exchange, Edward Lawrence covering trade and phil flynn tracking oil and gold at the cme. Kristina, well start with you. Reporter s p 500 closing in positive territory. What are the big winners . Les talk abou
Melissa im melissa francis. We have more on the big Market Movers but here is what is happening this hour, President Trump sitting down with republican senators in the state dining room to discuss possible sanctions against turkey. Well bring you any breaking headlines from the president this hour. On capitol hill the Senate Passing the 9 11 firstresponders bill which will give a financial lifeline to thousands of american heroes. The latest on the state of play, what happens next. Plus a new Prime Minister for the uk. The challenges ahead for bore rest johnson amid heightened tensions with iran and increased pressure to finally pass a brexit plan. Well see. I have my doubts. What about you. Connell everybody gets a shot at that. Fox team coverage, blake burman at white house, wills wells on the floor of the New York Stock Exchange and Edward Lawrence on capitol hill. With breaking news on china talks, edwards lets start with you. Reporter Senior Administration official tells me the fa
Freshmen congresswoman. Bernie sanders is about to outline his medicare for all proposal. He is doing so at George Washington university. If he has any suggestions at all how to pay for it. A heat wave expected to hit 2 3 of the country. What you need to know about that. If the citys power grid following massive black out here in new york city. Melissa fox Business Team coverage. Gerri willis on floor of new york stock exchange. Blake burman live at the white house. Deirdre bolton at the newsroom with netflix earnings. I see some numbers crosses here on dow jones. I think well get to those as soon as possible. Sorry . Lets go to Deirdre Bolton right now with those numbers. Deirdre. Taking a look at netflix. 60 cents a share. Thats a clear beat what analysts were expecting at 60 cents a share. If you look at revenue, want to be kind with netflix, say exactly in line. If you want to be critical, a slight miss. Wall street looking for 4. 93 billion. 4. 92what netflix posted. To put it in