Are likely doing good for you, more good than harm. They say coffee is linked to a lower risk of Heart Disease and premature death. But some coffee crops are being threatened now by changes in the environment. Mark phillips has tonights climate diaries. Reporter to many its the other dark liquid that powers the world coffee. But because of the damage being done to the planet by the primary dark liquid, oil, along with other fossil fuels, coffee is in trouble and so are the farmers who grow it. Is this a good harvest year or not so good . It is not so good. Reporter up here in the mountains of eastern uganda, coffee is the most important thing they grow. Anthony and vincent khabalas family have been growing it on their farm, about 4,000 feet up the slopes of mt. Elgon, for generations. Lately, though, theyve been having problems theyve never had before. It turns out coffee is as fussy as the people who drink it. It likes the right altitude, the right temperature, and the right amounts o
Leadership role on the House Judiciary Committee while the ethics investigation runs its course. The cbs overnight news will be right back. Easy booger man. Take mucinex dm. Itll take care of your cough. Fine ill text you in 4 hours when your cough returns. One pill lasts 12 hours, so. Looks like im good all night. Ah david, please, listen. Still not coughing. Not fair you guys waffles are my favorite ah why take 4hour cough medicine . Just one mucinex lasts 12 hours. Start the relief. Ditch the misery. Lets end this. Hey honey, good. As practice . Mustve been hot out there today, huh . Yeah. Yeah. Why dont you go put that stuff in the laundry room right now . Ok. Do your athletes bring home big odors . Tide sport is super concentrated to beat even. The toughest stains and odors. Hey, buddy hey. Woo somebody ran laps. Yup the new tide sport collection. Its got to be tide. Im joy bauer, and as a nutritionist i know probiotics can often help. Try digestive advantage. It is tougher than y
10year note yield around 1. 6 and crude oil the story as oil prices down, as you see it right there. Maybe we get the fed moving before the end of the year, right as we come out of the jackson hole meeting. A look, though, at wti. Lets get to our road map this morning. On this late august monday. Mylan, the controversy continues. The Company Announcing a generic version of its epi pen. It is going to be enough to satisfy critics and congress . The herbalife Hedge Fund Drama man here we are, year three, four, five, ackman, icahn, going yet another round. On this battleground stock. Well have news from williams by the way responding to activist pressure and the proxy fight that is looming for the company. It nominates three new independent directors to its board. I will give you updates there in terms of what we can expect on that front. First, though, lets get to the broader markets. Economic data to consider this week includes fridays key job reports especially after yellens marks at j
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
Misdirection play. Yet the entire episode was like a big play action fake with you, the audience, being the one that got faked out. That goes a long way toward explaining why we had such a terrific rally today since the fed told us it was keeping rates the same. With the dow gaining another 99 points, s p climbing 0. 65 . And the nasdaq falling to a record close, 0. 84 . Todays move wiped out all the losses from whats historically been the nastiest month of the year. Giving only six more trading days in september to get through, we might end this miserable month higher. Why do i think all the hammering over the fed was one by cue buky show . First theres the pregame leading up to the decision. Going into the fed meeting there was a plethora of bets placed statements made which were widely view the as evidence we could get a september surprise. And out of nowhere a lightning bolt of a rate hike that could really send stocks tumbling. We heard all about this dire possibility. Then the mo