With a look at what low oil prices from the move in oil. Lauren a new report shows that test for self driving car is not to blame for an accident that killed the driver last year. Cheryl amazon jumping on the try before you buy a bandwagon. But guess what, there is a hitch. Lauren thoroughly says. Los angeles dodgers overpower the mets ahead of the nba draft. Train to 85 01 a. M. In new york. This was a come at june 24th. Im cheryl casone. Lauren i am lauren simonetti. You are watching reporter, your first look at morning markets and breaking news. Train to breaking news this morning with a major shakeup at uber. Kalanick with the major shakeup. Lauren tracee carrascas joining us. Reporter txo yesterday came under pressure after hours of drama who felt time off wasnt enough. After millions of dollars into the company and seen the valuations swelled to 70 billion, leading the charge, wanted to pick a shareholder, a benchmark which one of its partners bill burley is on ubers board. Kalanick to step down in the letter delivered to him in chicago. Kalanick said i love uber more than anything in the world. I had expect that the investors request to step aside so uber can go back to building rather than be distracted with another faith. Travis had always put uber first. This is a sign of his devotion and love for uber. His mother passing away in may after a post on transcoding accident. It began after former engineers detailed what she said was a Sexual Harassment complaint against the company leading to an investigation. Fired more than 20 employees after an investigation and to make major changes in the work place starting with management at the top. Cheryl so many questions for the company, what this means for potential ipo. Do we know what is next for kalanick . Reporter he is still going to remain on the board and have a lot of control of the company because has the majority of the voting shares. Theyre looking to fill his position as well as the chief financial officer, as well as to members of the board. Lauren who could be the next ceo . Any names being thrown out . Cheryl tracie carrasco, thank you very much. Breaking this morning, we have a winner in georgia. Republican karen handel defeating democrat jon ossoff in the Georgia Special election to the most expensive house race in history with campaigns and outside groups combined with about a million dollars. To the jon ossoff supporters, note that it may commitment extends to everyone of you as well. We may have different beliefs, but we are part of one community, the community of the sixth district. Cheryl President Trump tweeting congratulations to karen handel on her back when. Fantastic job. We are all very proud of you. Lauren jon ossoff comment not able to recover from the backlash over not being an actual resident of the district. Will show them we can still build coalitions rather than demonizing each other, we find Common Ground to move forward. Cheryl the Democratic Party fourth Straight Defeat to winning republican seat. Special elections in montana in kansas. Earlier yesterday, beating her cheaper now. Democrats need to win 24 gop midterms if they want to retake control of the chamber. Lauren Senate Republicans to unveil their version of the Health Care Bill tomorrow. The version would replace obamacare. We are going to layout a draft thursday morning. The bill to take a look at it. You heard from my colleague for likely highlights from it. And i want to compare to the house bill. They will speak for itself. It will be different. Lauren Mitch Mcconnell says the legislation will move to the floor next week as soon as lawmakers get a cost estimate. Senate minority leader Chuck Schumer says the bill had been discussed in secret with no input from democrats if he says its a problem. Cheryl President Trump traveling to iowa. He is going to tour a college in cedar rapids. The center for innovation in the agricultural area. The visit to Kirkwood Community college, part of the Technology Week the president will make remarks at the event. Tonight, trampled and make America Great again rally in cedar rapids. Fox news will have live coverage tonight at 8 00 p. M. Eastern time. Lauren major shakeup in the Saudi Arabian families. Saudi arabia is deputy crown Prince Mohammed al solman with promoted to crown prince after the 31yearold son, the next ruler of the kingdom. His constant has been relieved of his post. Mohamed also becomes deputy Prime Minister and keeps his defense by the time he faces escalating tensions with qatar and iran and is engaged in air war in yemen. Cheryl overseas right now, security very tight in belgium train stations. On high alert after a man blew himself up in an explosive device after central station. Batman has died. The suspect neutralized. There were no other guns. This is considered a terrorist attack. Cheryl security agent said he shouted all the while bar. Central station. Heavy presence this morning. Europes third attack in three days. Belgium on high alert. On the subway station march of last year. Lauren we begin in asia. The shanghai composite. Finally added after several attempts to the emerging market index. Rather as for the hang Seng Hong Kong done half of 1 . And the cost in south korea. Even after the incident in belgium have a european stocks started to see a little bit of weakness here. The ftse down by 20. The dax down almost 77. Transfer the third starting to test the market will bear. U. S. Stock prices or ferry this morning. Dow futures down 15, s p down five at nasdaq down 21. Oil is a big reason for the receipt. Cheryl yesterday moving into bear market territory. Since the month of february, giving us a bear market number of oil now done 7 cents this morning. Gold up by almost four bucks. Lauren of Oil Prices Back into bear market territory. Down for the time in figure 23rd. Berg filtered from senior economist at wells fargo. Will we see oil, is it going to go down to the 30s . As possible. Its hard to get a handle on the shortterm. There is no question that the market is oversupplied. Global demand seems to be reviving but now that quickly. Just a watch in oil in the United States. Wondered what that means for the u. S. Economy. They have been under pressure with the excess supply your mentioning if theres more job losses, production starts to slow down, does that hurt the u. S. Economy . It could potentially hurt as the second half of the year. Weve seen a rebound in the Energy Sector over the last year. If you go back to weather the recession ended come the Energy Sector cannot for one third of u. S. Gdp growth since the last recession. It has been a big driver of growth. Accounting for the largest single chunk of Economic Growth of any metropolitan area in the country. Our fastestgrowing metro area although it slowed the last two years. It was the most important area of Economic Growth. Transfer the slowdown in outages affect teen the economy. Drillers in the u. S. Will slow or stop drilling because they cant make a profit. In a way between the opec production cuts at a potential slowdown in the u. S. , will it take lot of oil off the market . As possible. The Permian Basin is the Largest Oil Field in the United States. The breakeven cost they were considered less than 40. Every time the price comes down, it makes fewer and fewer projects viable. If they do stabilize, we are likely to see production cutback. Tranter weve got to leave it there. Oil inventory numbers today. A lot more on fdma and. The republican victory in church a special election four gop control of the house. Two strategies in politics who have skin in the game. The driver killed in a Tesla Self Driving car accident may actually be to blame. U. S. Stock Index Futures slightly down today. You are watching fbn am. We will be right back. Here comes the fun with seadoo seadoo has the most affordable watercraft on the market starting at just 5,299 and up to 500 rebate visit seadoo. Com today whoa thats amazing. Hey, im the internet i know a bunch of people who would love that. The internet loves what youre doing. So build a better website in under an hour with. Gocentral from godaddy. Type in your idea. Select from designs tailored just for you and publish your site with just a few clickseven from your. Mobile phone. The internet is waiting start for free today at godaddy. Drained to 85 15 a. M. Here in new york. Lets get to caught up on whats happening now. An american fighter jet shot down an American Made drone yesterday. The drone shot down in syria. This is the third time in two weeks this has brought an approaching aircraft. Investigators say a driver killed in an accident while using test was partially self driving car ignored repeated warnings to put his hands on the wheel. The report provides new details about what is believed to be the first deadly crash involving an American Driver relied on self driving technology. Oracle reported earnings after the close today. Calling for earnings that 70 cents a share. Well have those numbers for you. Oracle shares up more than 19 so far this year. As far as u. S. Stock Index Futures on your wednesday, the dow, s p and nasdaq right now. That is what is happening now. Lauren thank you, cheryl paid a big victory for republicans in one of the highstakes election so far weve seen for congress. What does it mean for the balance of power on the hill . Joining us now from fort oconnell, republican strategists who were in the 2008 reelection bill for saxby chambliss. Also joining us, robyn biro, democratic strategist in the georgia runoff election. Good to see both of you. Good to be here, ladies. Lauren is this for democrats to take control of the house . They threw the kitchen sink at georgia six and they lost it. Banquet for trump in the republican party. Really a psychological dagger. They wanted to in basically to boost candidate recruitment and show something that they could take down trump. Frankly, theyve got nothing to show for it. Cheryl robin, you have to ask yourself what the democrats will do right now. They needed a district that this expenditure just to flip the house. Didnt get it. What is that going to be dumping me to retake a few things this morning . To be honest with you, we are eating humble pie. This is always an uphill battle that has been in democratic since the carter administration. A 30yearold candidate, his first time writing in a heavily republican district. We had our work cut out for us. We gave it everything we had. There are a lot of consequences specifically as we had to 2018. I still say this is more of an impact here in georgia as far as statewide races. Weve got the gubernatorial race, race for secretary of state. Those candidates specifically hoping for a win. They needed this so they could do fund raising and really get the word for those campaigns. I agree with you there, robyn. Had jon ossoff on this morning he be doing a dance on the head. In all honesty, the white workingclass voters at least nationally. You do have to win this district. It does mean republican. It has been in republican control but its not trump country. He won this by 125 and is the most educated in terms of collegeeducated district in turn control. If you can pick this up right now, it tells me your hatred message is not going to win you back the house. Lauren what does it say about nancy pelosi . Her name was brought up by republicans. Most definitely in a referendum on nancy pelosi. I will say that assad did not run a campaign against current. He knew that trump had a 45 Approval Rating so he did not run a campaign specifically against tribe. His campaign is much more positive. To your point, i disagree with you there that it was against tribe. This was the most funded campaign and campaign history. It comes to a point. How are you going to come up with a message specific for district that Hillary Clinton won in 2016 if you get the 24 seats but. The Democratic Party has soulsearching and dodged a bullet. Agree to disagree. Thank you very much. Good customs towards ms. For you. A lot of lastminute maneuvering ahead of the draft. And then there is space. I will find you. No matter how long it takes, we will find you. Daniel daylewis is leaving hollywood. We will tell you why coming up on transcendent. Fbn am. My soul reaches are the imac i drink your milkshake. I drink it out. Lauren hollywoods most renowned after leaving the silver screen. Daniel daylewis acting career has spent over four decades announcing his retirement at the sixyearold won three oscars for her performances in there will be blood, lincoln. Hes the only got her to ever receive three oscars for best that her. No reason was given for his retirement. When it hits theaters this december. Traded to the dodgers are enjoying a power surge. Corey steger puts on a show. Three home runs for the second time in his career, leaving a five hour leaving a five hour attack in the dodgers finishing with six rbis. Hollinger but the 20s of the year. Nine home runs the last two games. The yankees now with the losing streak facing off against the angels. The judge gets old and drastic to deep right center. Leading 24th of the season. The seventh inning tied at three. Putting the angels back on top at the fifth home run of the year. Banks have now lost seven straight. Tomorrow, nba draft now wheeling and dealing. And the brooklyn that to the overall pick with the second overall pick in the 2016 draft. The New York Knicks huntsville several calls. They took the seven footer at the fourth pick of the 2016 draft. The eighth pick in this draft. Cheryl coming up under pressure. Coopers controversial Ceo Travis Kalanick stepping down. Whos in line to replace him. A victory for republicans in georgia. It is that fighting spirit that i would take to washington and it will be the driving force for u. S. A. Represent you. What does the Democratic Left wing for next years Midterm Election . You are watching fbn am. Uptown girl now if you had Liberty Mutual new car replacement™, youd get your whole car back. I guess they dont want you driving around on three wheels. Smart. With Liberty Mutual new car replacement™, well replace the full value of your car. Liberty stands with you™. Liberty mutual insurance. Meatball on white next you want mustard on that or not come on, come on. I havent got all day here it doesnt come with peppers theyre extra hurry up. Pay the lady next the chickens fresh. I killed it myself. So thats what you want . Next while were still young you know you told me you wanted mustard. Get outta here pay the lady. I killed it myself. Next. He told me he wanted mustard. Times have get outta here. I would have liked you anyway cheryl breaking news. A stunning announcement from hightailing giant transport to the cofounder and ceo has resigned. Travis kalanick no longer running but still in power. Republicans seeking house seats in georgia and South Carolina. Take a look at what the victories mean for Donald Trumps agenda next year. Stock prices under pressure from Falling Oil Prices on tuesday as the dow was down 61 points at the close as far as features go right now the dow, s p and nasdaq all pointing to a slightly lower open. Lets dig into oil prices now officially a bear market territory, which means they are down 20 from the recent high in february. Look at where oil prices higher. 43. 44 a barrel. What does this mean for equities in the overall economy. Trade to amazon jumping on the try before you buy bandwagon. A dressing room. The southeastern United States bracing for a foot of rain. Increased towards the coast. Janice dean tracking it all for you. She will be here with the latest. I cannot find my tshirt. Good morning, everyone. 5 41 a. M. In new york. It is wednesday, june 21st good good morning. I am cheryl casone. Lauren welcome to fbn am, your first look at morning markets and breaking news. Major shakeup at bluebird, the founder Travis Kalanick. Tracee carrascas has more detail. What is going on . Good morning, ladies. This is a real uturn from last weeks announced med that Travis Kalanick would take a leave of absence. Lots of drama involving investors who felt time off wasnt enough. After putting millions of dollars into the company has seen the valuation to 7 billion, the shareholders said kalanick had to go, and one of the bigger shareholders, Venture Capital benchmark which has one of its partners bill gurley on hoovers board. They may demand to step down in a letter delivered to end all in chicago. In a Statement Given to the new york times, kalanick said i love goober more than anything in the world. At this difficult moment in my personalized and accepted the investors are priced to go back to building rather than be hit with another fight. Responding with a statement that has always put a Bold Decision in his devotion and love for uber. Hes taken the time to heal from his personal tragedy while giving room to fully embrace the c