Impact that its products have on smartphone addiction in children cnbcs leslie picker has more on this story for us. Leslie hey, bill, thats right, its a twist on activist investing. Jana and california state teachers retirement system, sending a letter over the weekend to apples board pushing for changes there. In the letter, they say that apples ubiquity has created unintended negative consequences for children, particularly when it comes to their physical and mental health. They want apple to form a committee to study this issue and add more restrictions for younger users. Apple already provides tools that allow parents to restrict what their kids do on their phones, but jana and calsters believe there should be more thats done there. The letter was part of the firms announcement of their own social impact fund the plan is to raise money then use their activism knowhow to target Companies Like apple they they believe could do better when it comes to social issues now, investors and
Rate. What will officials make of the new commanderinchiefs first 12 days in office . The euro. Ting chancellor Angela Merkel hits back at a top u. S. Traded pfizer for saying germany is giving the fx market. Which side will the markets take . We are less than half an hour away from the open of european trading after a down day at a close yesterday. Futures are pointing to a positive open this morning. The ftse futures and cap futures dax futures. Cap futures up. 7 of 1 . As we saw yesterday, things can turn around pretty quickly. Guy they can. Forextake a look at the column. The dollar is rising a little bit. You have the japanese yen down by. 41 . The swiss franc giving back a little bit of ground, that it has been one of the risk trades that we have been watching. Lets talk about what we need to know. Lets get the details of the session i had. Ahead. President donald has named neil gore such. Scene triggering a showdown with democrats. He would become the youngest justice since clea
Lets get back to our roadmap back here in the states. It starts with jobs. Employers adding 209,000 jobs in july, below forecast but showing strength in the labor market and the economy. The white houses reaction to that when were joined by the chairman of the council of economic advisers. And big earnings this morning. Tesla, gopro, Procter Gamble, chevron. And breaking news, auto sales trickling out all day long. Phil lebeau has the details. Ford up slightly. 9. 6 . Were going to get a lot of numbers here in the next hour. What we want to see at the end of the day is the ultimate sales pace for the month of july. Most estimate it will come in about 16. 7 million or 16. 8 million. Ford up 9. 6 in the month of july. Back to you. Thank you very much, phil lebeau. Back to that jobs number, the economy adding 209,000 jobs in july, the employment rate tibckd up to 6. 2 . We are also coming off of a bad day on the broader equity markets, also some concern about flows out of highyield funds
Former Shell Oil President John Hofmeister is here to weigh in on that. Oils also a hot topic at the university of dayton. The school is going green after divesting all of its fossil fuel investments. Youre going to hear exclusively from the schools president about why he is doing this and his plan to have other University Follow daytons lead as well. Yeah, bill, potentially a lot of money at stake here. Theyre doing it for ethical reasons, but theyre also under pressure, like other universities like stanford, that have done this, from students. All right, want to see whats happening with the market right now . Heres what were doing today. As you can see, kind of a meandering session. Selloff on the open this morning following what happened in asia and europe overnight and this morning. Nasdaq is up just a tiny fraction right now. Its the only of the major three averages thats actually in the green at the moment, while the s p is down a point and a half at this moment at 1,961. Lets ta
I am sorry i missed the 7,000 wisky a few weeks ago. You should be. Ill be on nightly Business Report on pbs. Its long story, but please join us if you can. Stocks have been under pressure ul day. James bow lard said Interest Rate increases could come sooner than later, but what would you expect him to say. Were well off the lows of the day. I dont know if theres a correlation there, kelly. We started to come back when it became clear that the u. S. Would advance to the group of 16. Spurious correlation. What should yu make from the interesting comments . Well, the outspoken paul mccully is here to way in. The other big story of the day, of course, gopros redhot ipo shares soared on the nasdaq after its offering on the high end of the range. How will it close, you ask. Stick around. Were going look at that. Right now were still seeing declines looking more like monday than tuesday. Lets talk about it. Peter anderson from Congress Wealth management. Heather hues. Dan greenhouse from bti