Itll be lights out at vision quest. My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. Based in long island, new york, vision quest is a fullservice lighting manufacturer, handling everything from concept development, design, engineering, and fabrication. Larry make sure it goes in like that. Nice and professional. Lemonis for years, owner Larry Lieberman experienced serious growth, churning out custom fixtures for such bigname clients like abercrombie fitch, chanel, and universal studios. Larry take it to disney. Lemonis but a recent drop in revenue has drawn larry into a vicious circle. Jason highlow is officially dead. Larry oh, no. Lemonis anxious to control costs, he
More positive. Barclays misses First Quarter estimate with 2. 1 million in credit impairments investors navigate unprecedented conditions caller what they are doing at the fed in terms of her majestys and the banks. Well watch two tsunamis hit at the same time. Investment banking provides a boost. Telling cnbc credit losses are manageable despite more pain to come this year will be more difficult than any of us anticipated. We are doing anything we can in anticipation of our risks and costs to preserve the capital that we can. Airbus blaming limited visibilityas 60 aircraft could not be delivered due to the outbreak not as bad as advertised shares of alphabet rally after the Google Parent Company said the slow down is easing, beating more pessimistic forecasts a very warm welcome to street signs this morning. Lets get a check on the european markets trading in the green. It has been a choppy session we saw the stoxx 600 slip below the flat line now. The ftse 100 up about 1 we have the
Been to this to dura Detention Center you were there what a year ago. Tell us about the conditions and about this arrangements the repugnance and all that many people who are that who want to be returned home all are some of them determined to sit it out. Martin. The story of slave trade in libya and markets is still fresh in memory and when we went there in december 2017 up to january of last year are the stories we hear from them is so scary people being raved organs being have vested people being forced into slavery people being kidnapped and their parents back home or pay a ransom and immediately theyre released theyre taken back to taken by another gang things like that and officials even for those that the some of the some libyan officials dont even want the nigerian authorities and other countries to repatriate or take the people whom simply because a lot of people stand to benefit from the cheap foreign labor they go to these detention facilities hire these people from the offi
Rescue operations on the mediterranean have to restart i think as your correspondent from tripoli was saying libyan coast guard intercepting people who are attempting to flee across the sea take people back directly to Detention Centers like the one that was attacked last night we need to have say from where this search and rescue operations are back in action across the Mediterranean Sea to make sure that people who are trying to flee the insecurity and conflict in libya have the ability to do so do you feel generally that there is a bit of an erosion if you like of the rules of war. We heard that we heard it said that the coordinates of this particular facility were given to all those involved and yet it was bombed and we lost maybe 44 people similarly there are accusations of the same kinds of atrocities being carried out in the province in syria for instance where the locations are given to all those involved yet still medical facilities and civilian facilities are being bombed i m
What italy did to the Banking Sector that would make Elizabeth Warren smile it is tuesday, august 8th, 2023 you are watching Worldwide Exchange here on cnbc good morning welcome to Worldwide Exchange. Im frank holland. We kickoff the hour with the u. S. Stock futures with the higher session for wall street and the dows best day since june the futures are in the red across the board right now, the dow would open up 80 points lower. It is early. Also seeing the nasdaq hardest hit down. 30 . We are looking at the bond market ahead of the busy week for fixed income with 100 billion in longterm issuance over the next four days. Yields here with the 10year treasury at 4. 01 this is down from where it closed just about a week ago we are seeing a steady decline after the fitch downgrade where yields spiked up 2year treasury at 4. 764 the yield on the short end is something we continue to watch with the bond issuance we will talk to our guest later on in the show the Energy Market and wti at 81