Ahead of this thing. The race to contain western wi reldfis. At least 22 large fires burning across 850,000 acres in four western states and alaska. Tornado ripped through one canadian province. In the midwest, threat of severe weather. Backlash did Mike Huckabees controversial commentsbo aut the iran nuclear deal. I will not apologize and i will not recant president obama will wrap up his trip to africa today with an address to the african union. The first u. S. President to ever doso. The body is believed to be that of a missing california rl gi is found. A teenager is taken into custody. The search for two 14yearold boys from florida lost at sea has now been rgenlao ed tan area about the size of indiana. We need to find these boys and we cant do it alone. The Arizona Cardinals have a conew aching intern. Jen welter is her name the first woman to hold any coaching position of any kind in the nfl. Seattle engineeras w riding his bike home from work and an suv turned right into him all
From the missing plane it will be the first confirmation that mh370 crashed into the indian ocean in 2014. The air kraf was travel from kuala lumpur to beijing. Consensus calls for gdp to have increased at a 2. 7 annual rate. Also important today, the government plans to be releasing three years worth of revisions from the bureau of economic analysis. You might remember Steve Liesman first reported in april that q1 gdp was statistically softer than the other three quarters for the past 30 years. They said it was developing methods to try to address this problem. Well see if they have. From the economy to earnings among the companys quarterly result results. Procter gambles ceo will be joining us. I didnt Say Something about that. Earlier, just now . I thought at the top the show you might have said p g earnings. I would know if i said that. I thought you might have said that. Now youre starting to hear things. Maybe its from yesterday. We did talk about john mueller being on the progra
Im jonathan karl, lots of news to get to this morning, including the countdown to the first republican debate. Frontrunner donald trump will be center stage, is he ready . What is his strategy . Trump will be with us live momentarily. But first, we start off with breaking news, this mysterious piece of debris has just been found near a fragment of a boeing 777 wing was found just days ago. That piece is set to undergo analysis to see if it is from missing Malaysian Airline flight 370. Lets bring in steve ganyard, many are wondering, is this part of that plane . I think well have to wait and see, jon. This has to go back for forensics testing. Now that we have one piece that washed up every piece that washing up from the ocean is going to look like a boeing 777. We need to continue to go deliberately, slowly and make sure we look at these pieces by themselves and figure out if this is part of the airplane. Okay, so, if this turns out to be part of that plane, is it going to help us pinp
Starts in the sale of its brazilian unit. Meanwhile, the german bank profits double. Heineken shares maintains guidance in strength in most of its markets upsets weak demand in africa. It tells cnbc is can weather the challenges. If you look at the next coming 25 years, the first big positive for our industry was some hiccups, but they will remain positive for the long time. Good morning, everyone. Lets get straight to some Macro Economic data in the form of eurozone july manufacturing pmi. That came in 52. 4. Versus a forecast of 52. Slightly better than expected. The june was 52. 5. What were seeing in july a tine will slowdown. Lets just go through the different economying. Spains Manufacturing Sector saw a surprise slowdown in the month of july 53. 6 below expectations but still expanding but we saw the fastest rise in employment since the start of 2007. Lets also talk about france. It was below the boom bust line of 50. July, 49. 6. But the german number was slightly better than e
U. S. Auto sales are expected to past 17 million for the third month as suvs and pickup trucks remain strong in july. And youre fired. Donald trump slumped because of racist comments but now first in the polls. Meanwhile, joe biden is reportedly thinking about dipping his toe into the race. All right. Welcome back. Lets have a quick look at the athens Stock Exchange. It opened for the first time in five weeks today. And it is down quite heavily as expected. It was off by roughly 20 . This is what we were expecting. Based on u. S. Traded etf of good stocks, this big decline is by no means a big surprise. But as you can see, the banking stocks are the hardest hit. National bank of greece off by 30 . And were seeing those declines across the banking sector. The banking sectors got a 20 rating for the index. And theres still a lot of question marks about the health of these bank given that 93 need to be recapitalized. Its not just the market that is suffering this morning, the economy as w