Gop establishment over the weekend. And Hillary Clinton in response to a question about Harvey Weinstein says, quote, we have a Sexual Assaulter in the white house, unquote. And, oh, by the way, her foundation not return weinsteins 250,000 in donations. Well get into that. Big day as always for politics and money. Varney company is about to begin. Ashley but we begin this hour with some breaking news. At least seven people are now reported injured and one person is missing after an oil rig exploded last night in louisiana. Lauren simonetti joining us for three hours today. Whats the latest from louisiana . Look at that picture, ashley. This happened about dinner time last night. Lake ponte cher train upon cher train, basically, that oil rig exploded. They dont know exactly why right now. The thinking is cleaning chemicals on the platform caused the explosion. Either way, you have seven people injured, at least seven, five of them were hearing are in pretty bad condition, and theyre sea
Test the markets resilience. Stocks have been melting up, trading near record levels, despite some of the recent upheaval and uncertainty. In the days ahead, a jampacked economic calendar, hearings on capitol hill, and elections in europe have the potential perhaps to reshape that landscap bob pisani takes a look at the road ahead for investors. On the surface, everything looks calm for the markets. Major stock indices at or near historic highs, bond levels at the lowest levels since the election last november. But two big events on thursday could be market movers. The British Elections, where its still not clear if last weekends attack at the London Bridge will send sentiments toward or against incumbent theresa may. James comey will testify before the Senate Intelligence committee how his agent sip assessed russias role in the november election. He will certainly be asked if President Trump asked him to end the probe of former National Security adviser of michael improving european e
Board here to europe, except the ftse. Look at the trade in crude. Wti and brent trading slightly lower. Here are the big stories were watching today. The tunisian man suspected of committing the berlin Christmas Market truck attack was killed in a shootout in a suburb of milan. Italys interior minister said there was no doubt the man killed was the suspect, anise amri. At home, shares of Lockheed Martin are falling after president elect trump tweeted about the f35 program. Trump said based on the cost and cost overruns of the f35, he asked boeing to price out a comparable f18 super hornet. Lockheed did not comment on the tweet. In a statement boeing said we have committed to working with the president elect and his administration to deliver the best capability, deliverability and affordability. A comparable f18 is tough. The super hornet doesnt have vertical capabilities, its traditional why are you looking at us like that. I get kind of turned on its kind of cool you know this stuff
Mickels mickelsons attorney who says that phil is not charged with Insider Trading and phil is an innocent bistander to others that he was doing something that is not something that he was aware of, but they say it is a tip from gambler Billy Walters who was receiving information from the former dean foods chairman thomas davis who is suffering Financial Difficulties and received some loans from walters and allegedly tipping walters to insooider informatio about the dean foods at several different corporate events. Walters made trades on those and took advantage of the information in other ways according to the u. S. Government, and there is a lot here sh, melissa, and we will g to the bottom of it as soon as we get the bottom of it. And this is a long running crime, eamon, because it is between 2008 and 2014, and during this time frame, according to the allegations, walters made 32 million and avoided 11 million in trading losses. There is a lot more coming out of the documents releas
The european banks. See them in the green there, but after losing 20, 30 , weve only got a bounce in Deutsche Bank of less than 1 . Royal bank of scotland up by 2 . Lets get to wilford in brussels with breaking news. Wilfred. Reporter melissa, thank you very much. Im joined in brussels by nigel farage. Congratulations, extraordinary victory last week. Big event. Seismic actually not in terms of british or european policy but even global policy. This was the little people. Ordinary people. Standing up against the multinationals, the Goldman Sachs and big politics and getting a victory. Big news. A long way to go of course until the uk actually leaves the European Union. When should article 50 be invoked . Well, i have to say i rarely agree with the president of the european commission, but what he said today we should end the uncertainty and start the process, you voted to leave, so lets do it. I thought to myself, yeah, hes right actually. The idea that the succession in the conservati