They say three suspects are in custody. Theyre male and female. Police say one suspect was cornered after the first shootings. He reportedly claimed he had planted bombs throughout the city. Police say he died during an exchange of gunfire. The federal Aviation Administration has issued a temporary flight restriction over downtown dallas. Well bring you more details as the situation develops. The United States has reached a deal with south korea to deploy an advanced Missile Defense system to counter possible threats from north korea. But china has raised objections. South Koreas Deputy defense minister announced that the system will be a u. S. Terminal High Altitude area defense of t. H. A. D. Washington and seoul are expected to proceed with final talks on where to set up the system. Both have held news conferences to stress the importance of the plan. Deployed t. H. A. D. To the Korean Peninsula will improve our defensive strategy. Translator it will not target in a third country. I
No deal, Canadian Pacific walking away from the Norfolk Southern bid after norfolk resisted talks forever. And another Company Reportedly enters the fray for yahoo . The ted line for bids this week. Stocks are looking to rebound for the worst week since february. Alcoa due tonight. The president set to meet with fed chair yellen today to discuss the economy and wall street reform. And la and larry fink saying certain actionsi actionsi actionsi may lead to reduced spending and growth. An echo of what hes said in the past. Right. I think that were getting actual success in europe. No one seems to recognize that. I think three months from now, germany will say enough is enough. We want rates to go higher. Germany will prevail. The numbers that im getting, car registrations, employment, pmis from europe, theyre all strong. I think this is a backward looking letter. Really . Yeah. Other than japan. Japan, i dont know. I cant figure them out. Nothing seems to work. Tenyear negative 0. 796 fo
It is just on 6 00 here in london. Oil producers have already got down to business and the leading players supply one third of the world posco crude oil got together last night to see if they could preemptively agree to a cut in output. Interviewgot the only with the chief executive of the biggest publicly traded oil rosneft,raws left what did he have to say then . It is a dark morning here and cold in vienna and especially for those were hoping for Higher Oil Price because the man. Coffer their hopes yesterday the stage was set for a grand deal between saudi arabia, venezuela two countries from opec and mexico and russia two countries outside opec to agree to cut output to boost prices. The first three of those countries mexico and venezuela and saudi arabia cooperated in 1999 when oil had just dropped below 10 a barrel and there was hope and suspicion that they might do the same thing yesterday, alas i spoke with him just as he came out of the meeting and he said oil is tumbling sayi
The biggest surge ever is if the sign of a bubble, a frothy market . Containing the measles in america from california to the midwest. Measles are back. What you need to know to protect your family. All that and more this hour of power. First, to sue, at cnbchq. Stocks under pressure today, all about earnings. The impact of the strong dollar the continued drop in oil, and so lets get you up to date on numbers with the Dow Jones Industrial average now in the green by about 43 points. Nasdaq composite down 12 and s p 500 is fractionally lower less than a tenth percent. Mcdonalds is higher after replacing its ceo, and boeing continues higher after the strong earnings. In the commodities sector, oil is the big story this hour. Crude hitting a six year low, dipping below the 44 per barrel mark, and brent held up better than west texas intermediates high. Thats what they watch this hour. Thank you, sue. Crude in the 40 a barrel and now they are feeling the pinch and pain and smart money smel
I am her sidekick matt miller. Market makers. Lets get to the newsfeed. The top business stories from around the world. Consumer confidence is still close to its high mark for the year. The Bloomberg Consumer cover index was unchanged last week after three weeks of gains, the second highest it has been since 2008. In a report says Consumer Spending grew load less than forecast last month. Or largest a lawyer reduce alcoa has agreed to buy British Aerospace parts maker for 2. 9 billion in stock and cash. Alcoa has been closing on probable smelters because there oversupply of aluminum. The Worlds Largest furniture seller is raising its minimum wage in the u. S. Workers making the minimum wage will get an average 10 76 cents starting january 1, 17 raise. It will benefit about half of ikeas employees. The minimum will vary based on the cost of living and their 38 locations. Everyone is talking about on wall street, new York Attorney general Eric Schneiderman is a busy guy, pursuing charges