Business stories. We start in saudi arabia as the Worlds Biggest Oil Company Aramco is set to announce its latest Half Year Results in the next half an hour or so. Last year, aramco netted record profits of over 160 billion, buoyed by soaring energy prices. But in may this year, they reported that profits dropped by nearly a fifth in the first three months of the year as the gloomy Global Outlook saw oil prices drop. To tackle this, saudi arabia has been cutting production to the tune of1 Million Barrels a day. They started in july and have now extended to september. The oil price has since been creeping up. Live now to our middle east Business Correspondent sameer hashmi. Sameer, nice to see you. 160 billion is so much money made in a year. What are they expected to say in the next half hour . Expected to say in the next half hour . Sally, ithink it is matching half hour . Sally, ithink it is matching up half hour . Sally, ithink it is matching up to half hour . Sally, ithink it is ma
seeking a winner take all competition and that both countries should not let any disagreement hurt economic ties. tensions have flared over washington s efforts to limit chinese access to advanced computer chips. just this week, beijing tightened export restrictions on two rare minerals both used in the chip industry, but speaking earlier today janet yellen insisted the two economies must remain closely interlinked. i ve made clear that the united states does not seek a wholesale separation of our economies. we seek to diversify and not to decouple. a decoupling of the world s two largest economies would be destabilizing for the global economy, and it would be virtually impossible to undertake. i also made clear that actions we take to protect our national security are designed to be narrowly targeted and that they are premised on straightforward national security considerations, they re are not undertaken to gain economic advantage over china. we are joinded now by alici
clear that donald j. trump is a target of the investigation. we ll have legal analysis what that means for a possible indictment in just a moment. meanwhile trump s former running mate is now his newest challenger in the 2024 presidential race. we ll have more from mike pence s campaign launch. plus that hazardous haze that s been covering the northeast is expected to kick back up today. we ll get the latest time line for when the wildfire smoke from canada could finally clear out. good morning and welcome to way too early on this thursday, june 8th. i m jonathan lemire. thanks for starting your day with us. nbc news has learned that former president donald trump s attorneys have been told that trump is a target of the justice department s investigation into the former president s handling of classified documents after he left the white house. prosecutors told trump s attorneys about their client being a target in that probe during their meeting monday at the doj headqu
is scientifically designed to help manage your blood sugar. live every moment. glucerna. alarm at the pentagon. baffled at how the leaker kept the security clearance even after he was warned repeatedly about misusing sensitive information. jack take eixeria expected to ar in court and we re following the latest. suspect wararrested for tipg off a proud boys. we re following the stories and many more all coming in right here to cnn news central. we begin with the 234nation looming debt crisis. high stakes negotiations between the white house and republicans have broken down at least for now. here is congressman graves leading the negotiations for house republicans. meeting more today. decided to press pause because it is not productive. just pressing pause. did it get stuck in committee? are you meeting in person this weekend? i m not sure. why pressing pause? just unreasonable. and this is a setback that crushes what had seemed to be growing optimism. pr
carried out air raids in the gaza strip, striking targets belonging to the islamichhad militant group. palestinian sources told the bbc that at least nine palestinians were killed in the air strikes which targeted the homes of three of the top commanders of the al quds brigade, the armed wing of islamichhad. civilians are reportedly among the dead. a bbc correspondent in gaza said explosions were heard throughout gaza city and rafah in the south of the gaza strip, causing panic among residents. we ll have more next hour. we ll be speaking to our correpondent in gaza city. to the us state of texas, where the driver of a car that struck a group of people at a bus stop killing eight, has been charged with manslaughter. it happned in the city of brownsville, texas, it happened in the city of brownsville, texas, which is right near the mexico border. police have identified the driver as george alvarez, a 34 year old brownsville resident with a lengthy criminal history. investigato