Governor phil bli auryant signe despite opposition. This comes on the heels of p paypal saying it will plan to bring jobs to North Carolina after lawmakers in that state passed a law in a restricts protections for lesbian, gay, by sexual and france gender people. In the North Carolina situation, a large number ofgender people. In the North Carolina situation, a large number of east called on petition calling on the governor to reject the particular law. The mississippi news comes just when the whole controversy started to heat up in the southern part of the united states. There are other bills that are pending in various states. Thish to that, nissan gave cnbc a statement previous to this law being signed that says nissan is committed to providing an inclusive Workplace Environment and we oppose any dlaw 45 allow discrimination. So it will be interesting to see what the corporate reaction is to mississippis governor signing this particular law just a few moments ago and also paypal can
Good morning, everybody. You are watching the pulse. We are in london. Iming guy johnson. We are goingg ciao to tell you why italys leading car manufacturer is leaving mama. And talking of cars. Pimp my mclaren. The are talking to the Company Working on the interiors of the worlds fastest cars. Check it out later. Thats get to our top story. Socgen posted a profit increase for the Second Quarter. With sanctions looming over russias economy, will that start to threaten the bottom line of frances secondbiggest bank . Caroline connan is in france. She has got the story. She has been talking to the deputy ceo. Guy, if you look at the earnings of Societe Generale, they were pretty good numbers. They beat estimates. For the risky loans declined by about 24 . The net income was at the highest level since mid2010. Of course, we have to look at russia. Russia is one of their big strategic markets for Societe Generale. It is the secondlargest market by client for Consumer Banking for Societe Gen
Electric car that can go more than 200 miles on a single charge. It will cost less than 40,000 dollars. Greece in germany are headed for a showdown in brussels. Finance ministers meet today over greeces request to extend the bailout agreement for six months. A new headlined says a deal tonight looks unlikely. Greece needs the extension to avoid defaulting on its debt. Germany has rebuffed the greek request. The german finance minister says greece needs to make a firmer commitment to austerity. Heres a greeces debbie Prime Minister responded. Deputy Prime Minister responded. At this moment, it appears there are powers that would like greece on its knees so they can impose their will. I believe we can think of what helps our country and what helps these powers. Betty germany is the biggest contributor to the 273 billion bailout to greece. The Parent Company ann taylor, looking to sell. Working with jpmorgan and reached out to potential buyers. It also owns the loft. The best antitrust re
It is and thats because it has his back up against the wall. A tremendous amount of scrutiny not just from its Investor Base that mens wearhouse has taken this aga to the delaware courts where it had it has accused joseph a bank of measures that are inappropriate and defending itself against hostile bids by mens wearhouse. Accusingrhouse is joseph a Bank Management team and board of putting up high barriers to a deal such as a poisoned pill, such as creating a deal with eddie power to make it too big for mens warehouse to take over. All of those things mens wearhouse says is evidence that bqank is breaching its fiduciary it is by not coming to the table. Joseph a bank is forced to come to the table at this point and reconsider talks. How much more could joseph a one stock we are watching bank really debt out of mens today is google. Wearhouse . The company has rolled out my sources say that joseph a google fiber. This is the highspeed Digital Service network in solo select u. S. Cities
Changes in fed policy in the meantime. Or will they . The eternal question remains. Or not. Yes. Someone joining us says the feds next move, jim grant will join us. No big fan of the fed and its policy the last six years. Well get his take on the fed policy. His take is always controversial. Contrary. But its fun and very wise, too. We love talking to james grant. Thats coming up. After the bell, elon musk joins us for a special, rare interview. His spacex firm he founded in 2002 was just ranked the Number One Company on the cnbc top 50 disruptor list. Among the plans he has for spacex is to colonize mars. Well also hit on news involving other companies. Solar city and tesla. A lot happening there. Big moves in the shares today as well. Lets show you the markets, get you caught up. Not a wide range for the major averages. The dow range has been 90 points. We are up 39, just off highs of the session now at 16,820. The nasdaq is the outperformer, up 24 points now. Technology is doing wel