A barrel. And you have to go back to november so when weve seen prices like this. If you went to bed early donald trump declared himself the presumptive gop nominee. After winning all five states yesterday by huge margins. I use the analogy of the boxer. You dont have to wait around for the decision when the boxer knocks out the other boxer. So that is what is it is. Hillary clinton beating Bernie Sanders in pennsylvania, maryland, delaware and connecticut. Bernie sanders winning rhode island. Sanders is showing no sign of dropping out. Well have more on the race coming up in a few minutes. Corporate news. Comcast reportedly in talks to buy dream works for more than 3 billion. The price represents a big premium over the current market cap. Comcast parent of course of cnbc has enjoyed success with animated films. The Company Reports earnings before the opening today. Well bring them to you. Dream box is behind shrek and kung fu panda. The company has been on the block for quite some tim
It is worth noting that the january wti contract expires today so you very likely will see higher prices for wti tomorrow. In the meantime gasoline prices dropping four cents over the last two weeks. The lundberg survey puts the nationwide average at 2. 06 a gallon. That is the lowest weve seen in over six years. With more on the oil story and whats happening with the markets in just a moment. But, first, a developing story outside the world of business. At least one person was killed, 26 others injured, this after a car crashed into a crowded sidewalk on the Las Vegas Strip. Police say the vehicle drove up onto the sidewalk in front of the paris hotel and casino, hit a car and then drove back onto the sidewalk and hit more pedestrians. Investigators think the crash may have been intentional but say they are confident this was not an act of any terrorism. A 3yearold was in the car with the driver. The driver did leave the scene but has since been taken into custody. Is being interviewe
By just three hours. Jamie dimon making personal phone calls to washington. More details emerging from the sony hack. What it means for sonys power now within the industry. Straight ahead, the ceo of adobe will join us after beating estimates. Stock is up nicely this morning. We start with the markets. Many mark harris head of Global Research joins us. As the price of Oil Continues to come down, are you reassessing the implications for more and more investors . Oil is linked into every market. Fx, emerging markets, we cannot escape the realities of oil hitting 58 on wti. My strategist has a very strong view. We will continue to see pressure through the first quarter. At that point, we are predicting and do expect that there will be more pressure on the saudis, at least at these levels to put that production in in a different way than they stated previously. How does that change your advice to investors . What does it mean for the market overall . I think the truth of the matter is, we
On the eve of the russian president ial election . Do you . Of course not. In addition, according to two officials, during trumps congratulatory call to putin last week, trump added, quote, if you want to have an arms race, we can do that, but ill win. Growing controversy tied to the Parkland School shooting. Facing a boycott of her show. Fox news host Laura Ingraham is apologizing this morning for mocking one of the survivors. Writing, david hogg rejected by four colleges, to which he applied and whines about it. Hogg, who has more than 600,000 twitter followers, encouraged his supporters to boycott advertisers sponsoring ingrahams show. Eight sponsors they theyre pulling ads or have no plans to buy in the future. Were going to go after the money, because thats where it hurts them the most. I dont accept her apology, and i dont think it was sincere. Three, two, one. We had successful liftoff of the falcon 9, as you saw. Pitching down range at the moment. Continuing to ascend into orbi