Thank you for joining me on this tuesday morning. Kayla and kelly back for more. Always great to have you. First the Justice Department saying it found a way to unlock the iphone without apples help dropping the case entirely. Aman is live in washington with more. Good morning, what a dramatic turn of events as the u. S. Government said its dropping its case here. And iphone of San Bernardino shooter and instead the government saying it found another way into the iphone, a mystery way from a mystery 3rd party it will not reveal. The u. S. Government and its process all of that now raising questions will they be able to use the same technique in other cases Going Forward . Other Law Enforcement cases . I have been talking to Law Enforcement officials about that and they tell me why theres two reasons why that might not happen. One is this is a labor intensity and resource intensive process. Its not scalable. They cant do it over and over and over again and another reason you might not s
December. The road map begins with the markets climbing back. Dow and s p back for the year. Oil with a 4 handle. The bidding war for starwood. The hotel change taking a higher offer from chinese anbang. Now marriott has five days to respond. As twitter hits an anniversary, jack dorsey says where the company goes from here. The bidding war in process for starwood. The company that had reached a deal to be acquired by marriott some time ago for 0. 9 shares of marriott and 2 bucks per share, and a spin of this time rental business. Thats what im thinking of, right . This morning as we reported first and has been confirmed by the company, anbang, the Insurance Company from china, along with chris flowers and primavera, large equity firm in china have agreed to purchase starwood for 78 in cash this is 2 above the previous bid they made to buy the company, and a bid that has been accepted by starwood. Before starwood can sign that definitive agreement which has been fully financed, the deal
Saying its extremists opened fire in the airport and several of them detonated suicide belts. Nbc news is also reporting that police are searching a residence in brussels that may have been the launching pad for those attacks. U. S. Intelligence is combing through intel and chatter still attempting to determine if there are other imminent threats of attack. At least 31 people were killed by explosions at the Brussels Airport and the train station. Nearly 200 more were injured. Three american mormon missionaries serving in paris were among those seriously injured. Theres a look at one of them. Defense secretary Ashton Carter says no attack will effect u. S. Resolve to defeat isis. In the face of the acts of terrorism the United States stands in strong solidarity with our ally belgium. No attack will effect our resolve to accelerate the defeat of isil. And that is the very latest on the attacks. Well have updates on the half hour and the hour on this developing situation and scott one an
Good morning its 8 00 a. M. In Los Angeles California and its 11 00 a. M. On wall street and squawk alley is live. Welcome to squawk alley for a thursday. John fort is out today but kayla and myself at post 9 joined by mike santolli. Good morning, guys. Its a little trepidation ahead of china gdp tonight. The season is heating up and bank of america in the green after earnings and revenue Beat Estimates but theyre down 18 on concerns about the Global Economy and topping expectations. Delta, in fact all the airlines seeing nice after profits Beat Estimates. Theyre impacted by a stronger dollar but their fuel costs are coming way in. After 14 in two months will earnings will seen as good enough . The early evidence is maybe. Honestly it seems like we can at least support these levels if oil cooperates and all the other things hold in place. It does seem as if i think the reaction to the banks yesterday shows you that people were leaning too hard against that group. Didnt own enough of th
Muted action and stocks are on track for the third positive week. First time since the fall. First up this morning in about half an hour, former gop president ial nominee mitt romney will give a speech urging voters to reject donald trump. Excerpts are leaking and he says trump is a phony, a fraud, hes playing the American Public for suckers. He gets a free ride to the white house and all we get is a lousy hat. You were early and going to iowa and reminding people that he had staying power. This was awhile ago. Very compelling. Thats been proven true. Does this matter . This whole thing matters. If this didnt have such an impact on the future of the country and the world it would be the most entertaining reality show in history. Its unbelievable whats happening to the r Republican Party. They have only themselves to blame by saying no to everything for years. We live in democracy you dont get everything you want and if you say no to everything you dont get anything you want so people a