- -(clock ticking) jon else: robert oppenheimer was the father of the atomic bomb. he was this complex ball of contradictions. oppenheimer: they are weapons of aggression, of surprise and of terror. richard rhodes: oppenheimer wanted the bomb to be used. how else would the world know what it was? eleanor roosevelt: dr. oppenheimer, are we creating something we may not be able to control? oppenheimer: in a world of atomic weapons, wars will cease. (ticking) newsreel narrator: it is d-minus one for the test of the world s first atomic device. else: this cultured, nonviolent man was responsible for birthing the most violent weapon in human history. and he devoted the rest of his life to trying to control the monster that he had unleashed. oppenheimer: if there is another world war. .this civilization may go under. kai bird: he became a political pariah. edward r. murrow: is it true that humans have already discovered a method of destroying humanity? (cameras clicking) else: and
Palestinians have taken to the streets israel has welcomed the move will be live in jerusalem and washington also coming up a senior volkswagen executive gets seven years in a u. S. Prison for his role in the diesel emissions cheating scandal. Russias Vladimir Putin says he will run for a fourth president ial term next year if he wins which he is likely to be in power until twenty twenty four. Also coming up in greece whirls out the red carpet for rest up tie up ever the one he is the first turkish head of state to visit greece in sixty five years could the visit improve the frosty relations between the two neighbors. And the slow road to recovery we meet the people trying to rebuild their homes and communities and domenico more than two months after Hurricane Maria. Im same its almost comical to have you with us theres widespread condemnation today of president Donald Trumps decision to recognize jerusalem as the capital of israel the United Nations Security Council will hold an emerg
Street. Im Carl Quintanilla a strong close with buffett on squawk. Fed chair pal on the squawk tomorrow we begin with futures pointing to a sharply higher open on the twoweek rally and buffetts advice for the longterm investor despite volatility, buy equity, not bonds. Ge is planning to restate three new candidates to a streamlined board of director. And the chip war continues over qualcomm urging broadcom to engage in direct talks for a takeover deal. Buffett is one of the big stories of the deal saying Berkshire Hathaway received the new tax law. Heres what becky said earlier on squawk. We had about 100 billion of unrealized gain in equities. Now, when they are sold, you pay tax on that. And previously when the tax was 35 , we would have had a 35 billion reserve for taxes against that as a liability. That would drop to about 21 billion. So 14 billion roughly that was a reduction in the amount of tax that when we saw those securities, we will pay. It wasnt cash now, but it reduced the
That ges challenges are worse than anybody else in the market. They say its bod and could potentially get worse. So the problem with that kind of prognosis for shareholders is, you know, this this historically has been a orphan stock. Some people said i dont really need high returns. I feel like this company is going to endure and it will be like good enough or a market stock, and that has not been the case for a while the situation has been deteriorating. Its almost become a conglomerate, but in the negative connotation where people are saying why does this thing even exist in its current form, and, you know, maybe new management and some of the changes they are going to make cant happen fast enough. I mean, look, widely held name, a name you yourself had far different thoughts about lets say 18 months ago, had owned it you threw in the towel the best i know. It was technical. Im not like looking to get involved with the board. I bought the stock on a false breakout and i sold it for
Yes, this is the last hour of trading on this shortened market day and there are fireworks in the stock market a pretty good start to the second half of the year, right extraordinary we are up 200 points just a second ago alltime intraday high for the dow and alltime intraday high for the transports look at financials and Energy Leading the way, some of the laggards for this year and Tom Mcclellan will tell us later why he thinks the bull run is forar from over a new report this morning says President Trumps chief strategist, steve bannon, is pushing for a tax hike for the upper income bracket well get you those details. Youre on a roll. Do you want me to pick this up tesla, yes, its true the model 3 is on its way and the stock market was higher earlier. Its given up many of the gains here ford and General Motors are powering higher after their auto Sales Numbers came out well tell you whats behind all these moves, coming up in fact, tesla says it looks like it wants to turn positive o