The committee will come to order. Without objection, all members have five days to visit made statements and questions for the record subject to the limitation of the rules. Ambassador wells and ms. Friedman, welcome to the members of the public and the press as well. We are glad to have our friends from cspan here as well. We need this mornings of the committee conduct oversight of the administrations policy towards afghanistan and iran now recognize myself for an opening statement. For months weve been attempting to get some visibility into the ongoing peace negotiations without success. We all want peace and the fighting in afghanistan do and do. Congress needs to know what the potential deal looks like and members need the chance to ask questions and offer views and in the last few weeks, weve seen the reconciliation process go off the rails in a spectacular fashion area to be learned from a president ial message that the administration was planning to host the caliban at camp davi
Few moments. The dnc kicks off amid country controversy over leaked emails. The ceo will join us in the next hour first up verizon announcing the deal to acquire yahoo s core business for 4. 8 billion in cash. Verizon plans to combine the internet asset with aol. The Real Estate Holdings in that action. Marissa mayer will join us in a few moments once that Conference Call ends. Wow. This day has been a long time coming, jim. Yeah. And i think that the i remember speaking to Lowell Mcadam many months ago when he said this could happen and a clear vision if you gave it to Tim Armstrong they could make something of it. Im excited. Maybe it will be back like the old days in 98 and 99 when yahoo was the leader or not you mentioned mcadam in february, a reminder of what lowell told jim on mad money. Take a listen. We said we would look at it. I think their board has been very responsible how theyre doing this, very deliberately, very logically and we have to understand the trends that were s
Of cargo. A labor deal was reached late friday to end a month long dispute between Dock Workers Union and shippers. We think we have good news with greece. It seems like its sort of good. Who knows. Thomas perez was part of the talks. Hes going to join us at 8 30 eastern and drivers theyre paying more at the pump. Gas prices jumping 13 cents in the past two weeks. 26 cents in the last month. The average price now at 2. 33 among the reasons for the increase. The largest u. S. Refinery strike in 35 years and an explosion at an exxon plant in california. Corporate news valiant has a 5 tax rate i think. And still using that to leverage itself in buying u. S. Companies. Its buying castro drug maker salix for 158 a share and about 10. 1 billion. After valeant lost a take over fight for last year. Apple announcing plan to build two data centers in europe for about 2 billion. They will Power Services including the itunes storage application store. Imessage maps and siri for customers across eu
During some portions of the debate. And, of course, looming over all of this is the deadly pandemic thats getting worse in many states. It is a stunning 40 increase from the total just one week ago last monday. And weve just learned that First Lady Melania Trump will not travel to the commonwealth of pennsylvania with the president as previously planned to go to the rally tonight because of the lingering effects of her coronavirus infection. Lets start with cnns ryan nobles at the white house for us. Ryan, what do we know about the First Lady Melania Trump backing out of going to this rally . Reporter jake, first of all, it was significant that Melania Trump was going to appear with the president tonight in pennsylvania because shes had little to almost no contribution to his reelection campaign. She did give a speech during the Republican National convention, but she hasnt participated in any rallies. So the fact she was going to be there tonight was a very Big Development for the Tru
so far they re not so bad. but i think they will get to a point where they might be and we will see where that level might be. right now, technology and financials among leaders. stocks continue to trade near multiyear highs. coming up in a few minutes, we will zero in on bank stocks and whether or not now may be the time to put more money to work in that sector. but first, a look at how the major averages are trading so far today. kind of a stutter step open this morning but then we took off just around nine time on wall street. and the dow, 21 points off the highs of the session right now at 13,253. the nasdaq s been positive virtually all day, in part because of the apple dividend. there it is, up 30 points right now. that is about the high for this session there. and the s&p is up eight point at 1412. bill, let s look at big name movers. er with entering the final hour here. bank ever america, shares are higher and earlier in the day, the company traded above $10 a sh