Fred good afternoon. im fred kempe, president and ceo of the Atlantic Council. Im delighted to welcome you all here at the Atlantic Council today on behalf of everyone at Atlantic Council, on behalf of people of pulled this together so its to you every thing were doing and initiative for the launch of this crucially important report, and you know, people standing at the podium say things crucially important. It really is. Hacking the election lessons from the defcon voting village. Here the Atlantic Council we operate under the Enduring Mission of working together to secure the future. This has meant seriously because the founders of Atlantic Council desecration, one of the people who helped found this was dean acheson wrote the book of the International Double order. We see that order is being under threat and we see one of the things exposed that most of the threat in the order we created is the advance and the protection and security of democracies. We believe a stable prosperous wo
U uncertainty of a number of saudi princes and ministers were arrested over the weekend on corruption charges and of course as you probably have heard by now, that includes prince al waleed bin talal well look at what this means for u. S. Companies looking to do business in saudi arabia we havent even gotten to the Qualcomm Broadcom story but theres other things to get to now. We have the breaking news now that disney has held talks to buy most of 21st century fox. David faber back again anything new on this is. We can advance the story a little bit and refresh it for people, guys 21st century fox, as bill just said, has been holding talks to sell most of the company to walt disney leaving behind a Media Company that would be tightly focused on news and sports according to people familiar with the situation these talks have taken place over the last few weeks and given their complexity, it continues to be seen as a tough deal to get done by those whove been working on it the two sides
Avoid a fourday losing streak higher by more than half a percent. Energy losing. Chesapeake, range resources leading the declines and big between 4 and 6 because crude oil is sinking right now prices lower for the first time in nine sessions by a big decline look at wti. Off by more than a buck of 4 to 45. 40 tyler . Thank you welcome, everybody heres what else is happening right now. Big deal in the payment business vantik making a 10 billion offer for the uks world pay group. Jpmorgan at an early stage of considering an offer for world pay but now doesnt plan to make a move and move over intel. Samsung now on track to become the largest chipmaker by revenue. Walmart getting the green light for acquisition of the mens retailer bonabos. Beginning with developing news of north koreas new Nuclear Threat kayla in washington with the latest this hour on that Missile Launch on the fourth of july kayla . Reporter tyler, theres new developments of the u. S. Knows about the launch captain jeff
G20 bond sell off continues in the u. K. In japan, italy, germany and here and oil is reversing some of yesterdays losses our road map begin with after a strong start to the second half stocks are stalling. Markets set to open lower amid signs of a tech rally and lowing sector hiring last month president bullish on u. S. Markets as he prepares to meet merkel, putin at the g20. Shares of costco climbing in the premarket stronger than expected june sales. Futures moving lower ahead of tomorrows key jobs number shows the private sector added 158,000 jobs in june meanwhile jobless claims fell still near historic lows well see what it means for tomorrow. Historic loes and some of the minutes yesterday, some of the deviciveness still lead me to believe there would be a rate hike which is what we need its not talking to north korea. You saw the futures go down. They actually rally. I dont want to put too much on that. I think that the fed minutes created a little bit of a flurry some thought
Good morning. Welcome to squawk alley. Carl is on assignment. We start this morning busy morning in washington from congress to the president s meeting in florida. Our john harwood is in d. C. With the latest. Hi, john. We have an extraordinary day in washington across the range of domestic and foreign policy. Lets start with the Headline News thats come out in the last hour or so and that is the announcement that nunez is stepping aside as chairman of the House Intelligence Committee for purposes of the russia investigation. Heres Speaker Paul Ryan on that just a few minutes ago. Chairman nunez wants to make sure that this is not a distraction to a very important investigation so he wants to go clear himself while this Investigation Continues on without any kinds of distractions. So lets look at the range of turbulence facing policy makers in washington right now. Youve had steve bannon demoted from the National Security council in the last 24 hours. Nunes stepping aside. President tr