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A factory in michigan. that could create 300 jobs. carolin, i love amazon s alexa. i use it constantly. i hear there s competition from alexa, google and walmart. talk to us about that. definitely, recode is reporting that google and walmart have entered into a partnership to make hundreds of thousands of walmart products available for google home shoppers. okay just, the future might be online or voice shopping. google has actually already introduced voice shopping with the likes of costco, walgreens and petsmart. that will be available at the start of the september. a whole new means of shopping. that only means that alexa will have to up its game, right? yeah, two giants. carolin roth live from london. steve thmnuchin looking to ....
Banned flights from saudi arabia to qatar. it s a very tense moment. qatar is an energy-rich nation. for more on that part of the story, we turn to cnbc s carolin roth. how are the oil markets reacting this morning? markets are lower for a second day in a row. yesterday we saw a decline of rough hey .5%. this morning in london we re down by a third of 1%. let me tell you why oil traders are so nervous about this escalation between qatar and the other arab league countries. it s because it throws doubt on the opec deal to cut production. there s a lot of nervousness that this deal cannot be fully impleme implemented. the effectiveness of the deal, given the surge in u.s. shale production. as i said yesterday, qatar itself is not a major oil producer. i want to move on and talk about one big story hitting the retail sector this morning. ....
A major shakeup at j. crew, one of the struggling retailers. long time ceo mickey drexler says he is stepping down, though he ll remain at the company to be the chairman of the board. he s been the ceo since 2003, took it private to save it from bankruptcy. we ll see whether his successful has anymore success. carolin roth live in london, thank you. the trump organization announced plans for a series of hotels with a patriotic theme. donald junior and eric trump announced the american idea yesterday. they will be built in small and mid size cities stem from the crash coarse in america they got while traveling across the country with the presidential campaign. eric dan zinger said the chain will debut in mississippi and will have no connection to ....
The foundation s founder will serve as interim president and ceo. there may be a new executive order coming down the pipe, this one more controversial than what we ve seen from the president so far. according to politico, conservative leaders will gather at the white house tomorrow for a signing ceremony on a religious will i be bei ilibert. it is being pushed hard by mike pence whose own attempt at religious freedom legislation in indiana generated a huge backlash when he was governor in that state. the issue deals with allowing people and groups leeway to claim religious objections to certain anti-discrimination laws. politico says the language on the executive order is still being fine tuned. let s turn to business where apple is reporting an increase in second quarter earnings this morning. carolin roth joining us live from london. but it s not all positive for investors, some are concerned about the future of the iphone as the number sold globally has dropped by 1%. reporter ....
Model with a range of 310 miles and comes as a convertible. but the bad news is there s no day yet for a possible production star. back over to you. carolin roth live from london. i can totally pick lur loutu in one of those. and bill karins, how is it looking outs there? people are angry at the groundhog. it s mild out there today. there s a big storm in canada. we have showers in play for areas of the northeast, but that is really about it. it s a pretty calm day doing travel across the country. not ba airport day, but there are wind delays in chicago, cleveland and detroit. but then into tomorrow, we start to watch this cold air, this pink and the purple, that is some temperatures in the teens and the 20s. so there is some cold air that will be on its way down. that s going to move in throughout the day on friday. this boundary between the cold air and the warmer air is going to cause some snow. this is the blue here, this is ....