Attorney general bill barr no option to resign. The president acknowledging the claim. Mornings with maria begins right now. As someone with hearing loss i know what a confusing and frustrating experience getting hearing aids can be. Thats why i founded lively. Affordable, highquality hearing aids with all of the maria we kick it off with top features you need, and none of the hassle. Stories we are watching this morning, finally free, i use lively hearing aids and its been wonderful. Passengers aboard the diamond its so light and so small princess cruise ship who tested but its a fraction of the cost negative are disembarking after of the other devices. Being trapped for weeks of where they cost thousands less. The boat docked off in japan, its insanely user friendly. You take the hearing test online, 545 cases linked to that ship, the doctor programs in the settings. Countries including australia, you dont even need to go into an office. Theyre delivered canada and now the uk organiz
In a german newspaper interview. Durables just ahead of estimates and still looking for definitive headlines out of opec. Inventories at 10 30. Yellen back on the hill answering lawmakers questions about the banks, what shes expected to say about the troubled sector. And speaking of banks, wells fargo ceo john stumpf is forfeiting 41 million ahead of his next appearance on capitol hill tomorrow. And what should you expect as an investor . Shares of nike falling in the premarket on yesterdays earnings numbers. Whats dragging that dow component down . But first, a lot of news involving the banks today. Wells fargos john stumpf to forfeit 41 million in equity awards while the companys board investigates the banks sales practices. Deutsches john crion saying the bank did not need increase or capital interest. About an hour from now fed chair yellen will testify on Bank Supervision and regulation before a house panel on capitol hill. Of course when she starts making headlines, well try to t
A blowout session in shanghai overnight. Best single day gain in more than three years on a pretty decent pmi. Europe has also been a blend of red and green as the ft names ecb chief the person of the year. Were going to kick off with breaking news. For that would, we go to david faber. News on best buy, in the news yesterday. The stock up sharply. What we can tell you right now is the board of directors of best buy, and its founder, richard schultz, has been trying to put together a group to essentially buy the company in a go private transaction, have extended the deadline in which he would need to come with a bid for best buy and created a window in fact that will begin on february 1st next year and end with the end of that month on february the 28th. Giving schultz the opportunity to look at not Just Christmas sales, but the end of their fiscal year, which will end at best buy on the 31st of january. And that window, again, will be 28 days long giving him an opportunity to continue
Why the situation could get worst over the weekend. Ktvus morning on 12 starts right now. Good morning, welcome to mornings on 2, its saturday, november 14th. We are going to get you right over to rose mary for a quick look at your saturday forecast. How is it looking . We are socked in with fog in some cases, low clouds are far reaching. Even patchy drizzle out there. I had my windsheild wipers going this morning. We are looking at nice weather for the second half of your day. We are coming into the final full welcome of summer. It will feel like fall. Temperatures will fall a bit, today. Some of us will be a few degrees cooler. Ill show you the numbers. In the extended forecast, we stick with this pattern. In the extended forecast further down, a first chance at rain. I will share that with you. Ill have your numbers for today, coming up. Police on the lookout for a man who attacked a hotel housekeeper. It happened at the Double Tree Hotel near the fox tail golf club just before 4 00
Culprit earnings in spain, the situation of the Banking Sector across europe, people worry that the Big Decisions havent been taken to stabilize the economy. What the italian election indicates is the anxiety about by people that the mix of policy isnt right. Personally, i think that the euro has been, in one sense, stabilized by the actions of the European Central bank over the past year or so, but as well as the liquidity problem, weve still got a solvency problem, and above all, weve got a growth problem. If we dont get the growth figures up, were in trouble. Thank you for joining us on squawk box on cnbc. Okay. Thank you. Guys, back to you. Michelle, thank you. That was a great interview. Thanks for letting us listen in on that. Folks, make sure you join us on monday with Warren Buffett starting at 6 00 a. M. Eastern time. That does it for us today. Right now its time for squawk on the street. Good friday morning. Welcome to squawk on the street. Im melissa lee with carl quintanill