Im sam brock. We are swimming in unchartered territory. Theyve never been leading in a western conference final before. Its good. More on that as well as the morning commute. First the allimportant question, whats the weather going to be like . Well have rain in the forecast tomorrow. That may change some peoples plans. We are looking at all clear skies as you head out the door looking from at t park. Will be a chilly morning. Make sure you have a jacket. You need it all throughout the day and increasing clouds with cooler temperatures, much cooler than what we had a few days ago. Showers develop for the north bay late tonight. The rest of the bay area seeing that tomorrow. Ill have details on that. Things improving for oakland. That is unusual as we approach the 6 00 hour. Friday sees a lighter commute. The metering lights are on. Look at the maps. Thats the only slowing you see. The earlier crash at the embarcadero off ramp cleared 15 minutes. Full recovery there. That friday commute
Good morning. Welcome to Worldwide Exchange on cnbc. Im wilfred frost alongside Morgan Brennan this morning. Good morning. Good morning. Congratulations on being halfway through a busy newsweek. Were not until were halfway through the show today. Almost there. Almost there. Lots of news to cover. Lots breaking in europe on Deutsche Bank. Headlines on wells fargo. Sara not here this morning. On assignment in chicago. Shell bring you an interview with imf head Christine Lagarde, 11 45 a. M. Eastern time. Sara with Christine Lagarde, talking about the woes in europe with the imf cheap. Lets check in on what markets are doing. A decent risk on rally yesterday, around three quarters of 1 of gains for the main indices. The nasdaq better. Of the s p 500 sectors, most were positive. Tech the best, utilities the worst. It was traditional, the exciting sectors do well, the boring sectors less well. This morning we expect that to continue. The dow higher by 31 points. Lets look at the tenyear tre
[ National Anthem ] [ star spangled banner ] [ speaking in Foreign Language ] [ speaking in Foreign Language ] you know mr. Rose. Expert welcomes from america. These are the two that actually do the work. They take all of the credit. Nice to see you. Thank you so much. Good to see you again. Appreciate you, sir. Good to see you. Very nice to see you. Thank you. Good to see you, man. Just some remarkable pictures here as the president meets members of castros administration, and vice versa. Ahead of a busy afternoon, a bilateral between the two leaders begins at 11 30 eastern. At 1 50 p. M. This afternoon, theyll each make statements to the media. 4 00, an event focused on entrepreneurship in cuba. Michelleca caruso cabrera, i still remember the news flash we got, i think about this time when all of this was announced in intent and plan, and here we are with these two leaders in the same room. And i can tell you this country, cuba, is transfixed, as well. This is being broadcast on nati
Starwood. Well talk to marriotts ceo, arnie sorensen. The president in cuba raises questions about Economic Opportunity there. And were hours away from apples highly anticipated event. Well look at what to expect. Valeant has been halted for the past half hour or so. As becky pointed out, mike pearson leaving the company. Ackman to the board. Predictable or not, jim . No. But there hasnt been much that is predictable. Theres a mea culpa note from Lehman Brothers taking the price target from 135 to 134. Taking numbers from 10 the reason i point this out is because the numbers are all of the map. No one knows the cash flow, what the company is really do. Ackman joining the board is a sign he cant dump the stock. They couldnt dump the stock. This is a great mystery, carl. When you have a company where you have to idea what it will earn, where its dermatological business is being carved up aggressively by allergan. Ophthalmological being carved up by j j. All this stuff. This is a company,
Well over the next two hours. Welcome, everybody. Im Tyler Mathisen with brian and melissa here and michelle in havana. But we begin this hour with john fortt in cupertino. This phone here might look old. The iphone 5s. We expect Something Like it to be the star of todays event. Perhaps called the iphone se. Apple is expected to resurrect this four inch iphone form factor in a newer phone with upgraded internals, better camera on the back, and upgraded chip inside, perhaps the a9, recently been in other phones. Now, part of the question is how much this will cost. Rumor has it could cost as low as 450, comparing to 650 for the iphone 6s. The latest out the gate. That could be important if this is part of apples move to get deeper into Growth Markets like india and china, which have had the strongest growth from apple thus far. It is not just about the iphone. We also expect new watch bands for the apple watch. Now the new watch itself, but new bands and also the ipad expected to get an