interference in georgia as potential indictments loom. this as cnn has exclusive new reporting on the special counsel probe of trump. actors hit the picket lines, striking against the film and tv industry. some of the biggest stars in the business are part of the walkout that s effectively shutting down hollywood. after alluding police for over a decade, a suspect is charged with murder in the serial killings of women on long island. officials revealing dramatic details a short while ago about how he was caught, including burner phones and called to taunt relatives. i m jim acosta and you are in the situation room. this hour, we are following new developments in two investigations of donald trump s efforts to overturn the results of the 2024 presidential election, that includes exclusive new cnn reporting of the probe by special counsel jack smith. let s begin with cnn s senior legal affairs correspondent paula reed. break down this and what it says about the investig
Convening an urgent meeting this morning. What it means for the region already on edge. Breaking overnight in the u. S. Multiple tornadoes touching down across the plains, bringing powerful winds and hail. Plus the heat wave emergency in texas. Hundreds of thousands without power from last weeks storms now record setting heat is settling in. Were tracking it all. Sean diddy combs apologizing after newly surfaced video appears to show him attacking his then girlfriend. Im truly sorry. Why . He will not be charged. Plus,s, and chaotic weekend coming to a close for Scottie Scheffler. What were learning about the golfers arrest, including video of the incident to be released soon. What in the world . The strange sight seen streaking across the night sky and picture perfect proposal. See the marathon winner getting down on one knee after crossing the finish line. From abc news this is america, this morning. Good morning everyone. Im andrew dymburt. Good morning to you. Im rhiannon ally. We
Good monday morning, welcome to squawk alley. Im carl quintanilla, sara eisen, john ford on the New York Stock Exchange joining us this morning from san francisco, kara swisher. Kara, good morning to you. Take a quick check here on the markets at 11 00 a. M. Eastern time dows trading down 75 and that was a very abrupt change from the morning session, or at least the open, after we got these comments from north koreas foreign minister via reuters saying the president s comments over the weekend were a declaration of war and north korea has the right, they say, to take aim at u. S. Strategic bombers, regardless of their airspace obviously, more saber rattling tech already under pressure, we should note, but this was the worst drop for the dow and s p in weeks worst drop since august 17th sometimes we find ourselves wondering why the u. S. Market isnt more vulnerable to some of the threats and escalation in the standoff between the u. S. And north korea. Feels like its the really scary he
Walter isaacson will be with us. First were going to john harper. More companies are following in line, criticism from president elect trump. Our john harwood is in washington dc with more on that. In the age of trump, companies have learned very quickly if they want to get on the good side of a new president , they should tout those efforts and make them conspicuous and public. Very substantial investments. Now the Companies Say the investments were already planned. Trump was on twitter today saying the jobs announcements are making the case that even before taking office, he is doing what he calls big stuff for the company. He is hoping to build momentum. He could not avoid picking a moe money temperatu more money. House republicans want a border adjusted dax system for the Business Community that would tax imports but not tax exports. Donald trump says it is too complicated. He has a punitive tax on companies that take jobs overseas, and well have to see what the wrestling match is
Kicks off right now. And welcome to power lunch. Im melissa lee. Three hours left in the trading week. And after the jobs report that came in a smidge below consensus, stocks are settling in. Down across the board. The dow now is down by 80 points. S p down by 12. Nasdaq down by 32. We saw some big moves in the tenyear yield, highs since june of this year, and a big move lower in honeywell and thats prurg t pressuring the industrials, the index today. Thank you very much. Welcome, everybody, to power lunch. Glad youre with us. Tyler mathisen here. We have a great guest with us the entire show, Marcus Lemonis, good to see you. It is a big day for marcus and camping world. The company went public today. His team ringing the opening bell on wall street today. That usually is the sign for video to roll and there it is. All of that in a moment. Congratulations, mark. Thank you. Big day. Lets start with your top story at this hour, Hurricane Matthew, pummeling the coast with wind and rain th