I got it. If this stock is a buy or should get kicked to the curb. Do you know the show hasnt started i know. Getting away from you. Youre not supposed to talk yet. Were excited. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, who is already made his appearance. Chatty tim. Steve grasso, guy adami and julie beal. We start off with the potential turmoil in washington. The house without a permanent speaker after housing Kevin Mccarthy last night. So, who is throwing their hat in the ring . When will there be a vote . What will new leadership mean for congresss fiscal agenda . Lets get to Emily Wilkins for the very latest on this. Emily . Hey, melissa. Well, the race for House Speaker is under way. Steve scalise and jim jordan both officially announced today they will seek the gavel, other members are looking at a potential run including congressman kevin lehaern. Republicans are going to meet on tuesday. Theyre not going to have a speaker
Hello. Good to have you with us. I am sally bundock. Lets now dissect the top business stories. We start in the us where tesla has revealed the biggest slump in earnings in more than a decade as the road gets increasingly rocky for the electric car industry. Tesla made profits of 1. 1 billion in the first three months of the year. Thats a fall of 55 on this time last year. Revenues were 9 lower and both numbers were worse than investors had been expecting. But tesla shares which have taken a pounding this year jumped around 11 in after hours trade after the company promised quicker progress on new more affordable models. From new york, heres erin delmore. Its been a rocky road fit for this year. High Interest Rate that taking a bite out of consumer Purchasing Power and pushing big purchases out of reach. Competition with china especially over electric vehicle maker byd is heating up. Sales have been falling and so has its stock. It up. Sales have been falling and so has its stock. So h
Bailout bill has gotten underway in the last hour. A vote on that bill is due within the hour. Michelle carusocabrera standing by there where its 10 00 p. M. Local time in athens. And youve got a busy night ahead of you, michelle. Reporter yes, we sure do, bill. So yes, lets get everybody up to speed. There are crowds back in front of the parliament. Things are much calmer than they were about 15 minutes ago. The last ten minutes of president obamas discussion with reporters is when we started to hear explosions outside. Thats when we saw molotov cocktails being thrown. We werent surprised because we had seen some of the protesters show up dressed in black, wearing hoods, some of them carrying gas masks. Seemed to be a very, very small group. And we havent seen any violence up until now. We thought maybe tonight it could has been. And, indeed it did. You can see from the video were showing you, a round of fires lasted about 10 or 15 minutes. Right away. The tear gas came out right away
In a botched burglary. And Scientists Say they found shocking levels of a toxic chemical in the body of one of the uks few Killer Whales. Good morning, imjane hill reporting live from westminster on the day the general Election Campaign officially gets underway. At midnight last Night Parliament was officially dissolved, meaning that from today onwards every seat in the House Commons is up for grabs. Lets bring you up to date with some of the key stories this morning. The eus Chief Negotiator on brexit, Michel Barnier, says britain must honour its obligations as it leaves the eu and warns departure will not be quick or painless. Later today the Prime Minister theresa may will visit the queen at Buckingham Palace to mark the Dissolution Of Parliament. And labour and conservatives have clashed on their tax plans. In the last hour, the European Commissions lead brexit negotiator, Michel Barnier, has been setting out his guidelines for the discussions on britains departure. It comes amid r
In the biotech names and, again, guys, some real loops here well see if that continues as people dissect what is happening with this Senate Proposal for health care. Well send it right back down to the New York Stock Exchange and the true over at squawk alley. Good morning. Welcome to squawk alley much its 8 00 a. M. At oracle headquarters in Redwood Shores in california. 11 00 a. M. Here on wall street squawk alley is live good morning welcome to squawk alley. Carl has the morning off. Im on this side now. Youre on this side we like to switch it out a little bit joining us this morning, vanity fair special correspondent and General Motors vice chairman and cnbc cbsor bob lutz. Good morning to both of you. We want to Talk Health Care were just getting this draft legislation from the senate. Theyve been working on it in secret were starting to get the details trickling out as we make our way through 140 pages. Were seeing the markets react Health Care Stocks are surging on the back of t