Decision to is suspend brady be upheld. The judge recommended two sides settle dispute out of court. Game of thrones will likely continue for three more seasons. Hbo executives planned to run eight seasons. The smash hit had 20 Million Viewers last season and received an astounding 24 emmy nominations. Lets get to the top story, exxon and chevron both releasing their Second Quarter. Here is how tough it has been on the big firms. Exxon expected to report a net income of 1. 12 a share. In the same quarter last year they reported earnings of 2. 05 because of cut in price of oil. 150,000 energy jobs have been cut since the fall according to phil nine, price futures group. He joins me from the cme. This week we had more layoffs and it continues phil. Where are we in the cycle of the downturn . I think it is almost a panic with big Energy Companies. Really, maria, a lot of these layoffs will be accelerated because of what happened in the month of july. Early july there was a little bit of optimism creeping back into the Energy Companies that maybe they could withstand the selloff and prices had stablized. Even the fed dip but at one point of course when july fell apart, now everybodys falling over themselves to cut back on spending, lay people off and a lot of that there was one company yesterday, murphy oil, their management is getting laid off because they didnt foresee the price break in july. And so theyre shaking up management. There will be a lot of pain in the industry but the big question is, are they going to overreact to the price drop . Will they cut back too far . That is what they have done in the past. That usually sees a bull market in the future. At some point if demand comes back well be playing a catchup became with supply, maybe in couple months. Maria it is interesting how these things are so cyclical, right, bill, im sorry, right, phil . Absolutely. Maria oil prices started falling, they fell 50 . We saw a whole new resumption of job cuts. Oil prices came back and then we saw the cuts begin again. So when oil prices go down, that is a clear deterrent. It is, to investment and to job growth here in the country. Look at rig counts is perfect when oil prices broke in beginning of the year, we had record job of 29 weeks in a row. People were pulling back in big way. Right. Oil prices went back up near 60. All of sudden theyre adding rigs. Rigs will start falling again. Maria thank you, phil. Bill stone, is this a bottom or more to go . How would you play this. I think it is getting closer. I would say i dont expect a big pop in oil because we are in the position where there is a lot of production, well it is coming in between iran, probably growing to be able to release more oil to everyone. Maria yeah. Frackers here in the United States can come back online very quickly. They just continue to add to it. But over time we do see oil move higher. Wouldnt necessarily be scared of starting to look in the oil area. It will not being pretty certainly in the short run. Maria talking about oil, commodity or would you buy oil stocks . When you look at oil stocks youre talking about dividend story and low valuations relative to the rest of the market, arent you . Yeah. I mixed them up because i automatically think oil stocks. Maria thats where i thought you were going, yeah. We do some commodity work but our primary focus, at least in that space would be to think about the Energy Stocks more, how to play it. Maria well talk this supply and demand story because weve got lots of supply in the market but whether the demand is there is another story. Well get into it. Soulcycles slogan is we aspire to inspire. The cycle fitness gym with cultlike follow something filing to raise a huge amount of money in initial Public Offering. Their sales were up nearly 50 from a year earlier. The company is profitable to the tune of 25 million. That is four million per gym or as soulcycle calls them, studios. Soulcycle coming to a Stock Exchange near you. How do you think the stock will do, bill . It is hard to say. I think it is a bit of a university did model maybe different model than past gyms where you pack people in and hope they dont show up but they pay. Im a little worried you see all of these article i think in the wall street journal the other day, all these different types of, i dont want to call them fad gyms but i look in my neighborhood youve got, you know, all these different, i guess highend gyms all over the place. Maria yeah. When does the cycle turn, no pun intended on that whole idea . Maria so you think it could be a fad. Do you go to soulcycle . I dont. Maria i didnt think so. Do you go to soulcycle . I dont. I know people that do. Have birthday parties at soulcycle. Not just a place to work out. You can make working out so exclusive that people want to celebrate their birthday there. I think they will do pretty well. Maria definitely wellknown and been doing very well. Connect the dots on an economy that we continue to see with headlines that are, two steps forward and one step back. We saw this again this week with gdp. We had growth but below expectations. How do you characterize things right now . With soulcycle or maria not necessarily, but the economy. Soulcycle is another indicator. People will not pay up for gym memberships if theyre worried about the share job. This is highend. This is high indthing. Exclusive thing. Obviously theyre still doing fine. I think they continue to do fine. For the everyday americans, the nonsoulcyclers, not so much that something they will be spending money on. Maria we were talking about oil. You were mentioning the supply part of the story but there is demand part of the story around whether or not we actually see an economy that justifies Higher Oil Prices or just the opposite . I dont think so. You mentioned iran, well be getting more supply from there. Solar energy. There is a huge push with even the government saying you need to use more solar energy, even if people prefer to use oil. Oil is always going up and down with that. I dont think it will get better anytime soon. Maria state department meanwhile set to release a third batch of Hillary Clinton emails. Clinton said she turned the emails over the officials and now up to them to review and release each and everyone of them. Here she is yesterday speaking to the American Federation of labor. This is really a question for the state department. Theyre the ones bearing responsibility to sort through these thousands and thousands of emails. Maria new reports claim that the amount of classified information on hillarys private email server was likely far more extensive than originally thought. Catherine what do the emails do for hillary at this point . What is your take on entire story. She does a great job deflecting it elsewhere. Attacking new york times. You said it was criminal. Really wasnt criminal. Yes, but you were using private email and you werent supposed to. You said there werent classified emails but they were there. There is just lie after lie. I think she made it so scandals are so expected of her people dont really care anymore which is opposite strategy that think most people would use. Maria meanwhile looks like she may have some more competition on the democratic side. A lot of people talking about joe biden. Monica crowley was on the show this week on wednesday and she basically said very adamantly, hillary will not be the democratic nominee which stunned me. Im not buying into that yet but do you think joe biden enters the race. I think he should. Everybody loves joe biden. A lot of people love joe biden. Likability factor, watching hillary on tv, most boring thing ever. Watching her yesterday, so boring. Joe biden is much more captivating. I think she is missing that which is how obama won. Kind of how things have been going lately how you win election, likability more than policy. She is not trustworthy either. Maria that is interesting. Feels like the president is pushing biden forward and obviously against hillary. They do not like each other. No, they definitely dont. And i think if you would be really, really interesting to see actual contender for the democratic nomination enter. Maria what will be funnier . Listening to joe biden sound bites or donald trump sound bites . I would love abiden versus trump debate just for the heck of it. Maria speaking of, the august 6th debate on the Fox News Channel is going to be great with the 10 candidates on stage. We will watch that one. Straight ahead on mornings with maria, july the worst month for chinese stocks in more than six years. Take you latest from beijing, take you there live. Game of thrones fans rejoice. Series getting extension. Find out how many more season you can watch. Testimony topping wall street journal u. S. Banks taking global lead looking to pounce on opportunities abroad. Well look a those opportunities. American economy showing signs of a rebound but the expansion is still sluggish. Three bottlers of cocacola products in europe are in talks for a merger. Well talk about the consolidation in a minute. Can a business have a mind . A subconscious. A knack for predicting the future. Reflexes faster than the speed of thought. Can a business have a spirit . Can a business have a soul . Can a business be. Alive . But it is not the device mobithat is mobile, it is you. Maria welcome pack. Asian markets ending the trading month on a mixed note. It was a rough one for chinese stocks there suffering the worst monthly decline in six years. Chinese state Television Reporter tracey chang is in bejing right now where it is 6 15 p. M. On friday night. Tracy, good evening to you. Good morning, to you, maria, happy friday. A terrible month for Chinese Markets but asian markets most ended higher today. Shanghai composite tanked another 1. 1 , despite beijings efforts to launch investigation into automated trading. 24 accounts have been suspended. Theyre halted and selling or buying for three months. That is pretty severe punishment. Shows beijing determination to stop the market sliding further. Hong kong markets ended higher, feigning gaining a half a percent led by casino gaming shares and positive u. S. Gdp numbers. Tokyo had a pretty choppy trading day but the nikkei ended up. 3 of 1 . Investors are very cautious waiting for the u. S. Jobs number coming out early next week. In south korea, the kospi reversed earlier weakness to gain half a percent encouraged by positive u. S. Growth numbers. Back to you, maria. Maria thank you, tracey chang. Have a great weekend, live in beijing. Bill stone looking at chinese stock market performance, obviously it has been volatile but the truth is china was the growth jewel of the world. No longer the case. Its true and i think the other part is, people get worried about the chinese stock market. A chinese citizen or investor you maybe have more worries. Their economy is never connected with the stock market. Their economy was the jewel and stock market really didnt go up with it. Im not sure why you connect it on the way down. That being said, part of the reason why there is more worries because their economy certainly slowed down. They reported Second Quarter gdp at 7 . Pretty much no one believes that was actually at 7 . Maria i know. Do you like any International Market right now . We do like japan if were going to stay in asia for a minute. We like japan and europe as well. Maria better valuations. New developments in the search for the missing malaysian plane. Aviation experts are closer to determining if debris that washed up on the French Island of rao union in the indian ocean is part of a boeing 777 that went missing months ago. A piece of airplane wing will be brought to france to be analyzed. And a piece of a suitcase was also onshore but there they are not sure if there is i in link to the airplane wing. Mike boyd, thanks very much for calling in. Your sense what we learned today with the suitcase washing up, what does it tell us about the missing plane . Not much more. The suitcase could have been garbage in the ocean for all we know. What is concerning me here, is this becoming a media circus because it doesnt take much to identify a piece of machinery like that. Now were looking at 48 hours later. We should know very soon. But if it is a 777 wing or 777 part, that is malaysia, there is no question but then what . We have no other pieces. Maria yeah. It could be thousands of miles away. We really dont know. Maria right. That is what i was going to say. Even if we know this part of the plane is in fact the wing of the malaysian 370 flight, that doesnt necessarily tell us anything about what went wrong, why the plane went down. Do we have any information in that regard, in terms of why the plane went down in the first place . And do you think since we have these things washed up, that perhaps other things like the black box is in the same voice incident or ben vicinity, or again we dont know because of current in the ocean. The blacks box, or orange box, will be at bottom of the ocean. No way that will float. There is a lot of young in the ocean, suitcase, crying out loud, go through it, you know something about it. If it is childrens stuff or something you can make some determination. But it is almost like were getting kind of led on again here because it is not that difficult to take a piece of a wing, this is from a dc6, dc3 or 777. Maria why is it so hard to find anything else . It has been 16 months. Why is it so is that part of the water different than other areas that its been so difficult to locate anything from this missing plane . Well, we know this. If this is a part of the wing that means the airplane did break up. If it broke up by definition there must be other, should have been other stuff floating around 16 months ago. That is the real mystery, not being able to find, i know its a big ocean, that is rare if ever, it happened in the past but not very often for an airplane to totally disappear. Maria michael thanks for weighing in. We appreciate it very much. Michael boyd on the fox line. Winter is coming and hbos game of thrones is here to stay for at least three more seasons. Well bring you details on game of thrones and hbo next. So youre a Small Business expert from at t . Yeah, give me a problem and ive got the solution. Well, we have 30 years of customer records. Our cloud can keep them safe and accessible anywhere. My drivers dont have time to fill out forms. Tablets. Keep them all digital. Were looking to double our deliveries. Our fleet apps will find the fastest route. Oh, and your boysenberyy apple scones smell about done. Ahh, youre good. I like to bake. With at t get up to 400 dollars in total savings on tools to manage your business. Maria welcome back. Cocacola looking to benefit from consolidation among its bottlers. Cheryl casone with that and other headlines of morning. Good morning. Good morning, maria. According to wall street journal Cocacola Enterprises is looking to merge with two other bottlers in europe. The value of that deal could be worth of billions of dollars. The move comes as coke has sliding sales in most of its market. Deadline for Major League Baseball to make trades. Houston astros capitalized the on the trade of carlos gomez. Gomez heads to the astros. No crying in baseball. Game of thrones fans, Popular Series will likely run for three more seasons of the shows fifth season recently wrapped up. This just isnt good news for hbo fans, they had 24 Million Viewers on average, 24 emmy nominations. People are obsessed with game of thrones, movie, franchising, money, money. People love the show. Maria they really do. Do you watch . I just now starting it. I know too much about it because my friends wont shut up. I had no choice but to start the Binge Watching on hb go. But they all swear to me it is the writing. It is characters, that is what theyre telling me. And that it is, also criticized by the way for being very violent. It has gotten more violent supposedly as the show has gone on. That is part of the reason why it is so popular. It is controversial. People are talking about this was problematic. This was too violent. This was sex, controversy is free publicity. People want to check it out. And apparently addictive. Streaming obviously is the thing for people like me need to catch up to binge watch. Put netflix aside, over to hbo. You know, i think that, becoming the new way we can consume our media. Millenials dont have tv. H. I dont have tv. You doesnt have television at all . Everything is streamed. Maria thats interesting. This will be good for these guys. For actors as well. John snow is hot. I keep being told that i dont know. To be continued, guys. Obviously youre not a fan as well . I havent really watched it. You worry me but elfly my motherinlaw watches it im concerned. She is visiting this weekend. I will be careful. Thats all i will say. Watch out for her. Maria good news for hbo, obviously real change, more evidence of a change in our habits the way we watch television. Interesting stuff. Cheryl, thanks very much. Short break. Irans nuclear program, landmark deal may not seem like landmark deal for average american but how low gas prices could be by end of the year. Back in a moment. 40 of the streetlights in detroit, at one point, did not work. You had some blocks and you had major thoroughfares and corridors that were just totally pitch black. Those things had to change. We wanted to restore our lighting system in the city. You can have the greatest dreams in the world, but unless you can finance those dreams, it doesnt happen. At the time that the bankruptcy filing was done, the Public Lighting Authority had a hard time of finding a bank. Citi did not run away from the table like some other bankers did. Citi had the strength to help us go to the credit markets and raise the money. Its a brighter day in detroit. People can see better when theyre out doing their tasks, young people are moving back in town, the kids are feeling safer while they walk to school. And folks are making investments and the community is moving forward. 40 of the lights were out, but theyre not out for long. Theyre coming back. Youll need the right it infrastructure. 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