Msnbc is continuing to follow the Breaking News tonight. Nbc news reporting that new York City mayor Eric Adams will be indicted on federal charges by the Southern District Of New York as soon as tomorrow. Our coverage continues on the last word with lawrence odonnell. I just minutes before you started we got the live news. I was reading it as you were handling it live. I have been following these Swarming Investigations from city hall. What i felt was relatively closely. But i have never been able to describe to anyone the full shape of it. I think by tomorrow well have the diagrams built to put on screen to show you the number of commissioners who resigned from this administration. The number of people in the Adams Administration alone who had their telephones seized. I first covered it on this program just two weeks ago for the first time when the Police Commissioner was forced to resign. It was happening at the very top and sheer we are at the top of the top. Stunning news. You hea
Now below 48. Roll back with china falling hard. The biggest drop in eight years. A 40 billion farm pa deal. Teva buying allergan and mylan and facebook. Its two price targets ahead of wednesdays earnings. The impact that is having on the nasdaq. First up this major selloff in china. The s p and nasdaq each coming a off the worst week since march. Jim, you have been fielding questions on twitter all morning long. Why the pain . You wrote, because we are china right now sample we are. I mean look i wish which werent. It was amazing to watch china roll over in the middle of the night and then see our futures unchanged. Thats just false. I mean the reason its false is because there is a link between minerals arc link between oil and us. So we have a lot of companies that i think arent going to do well with coin going down. More importantly the rest of the world, holly cow, is brazil going to take the product . Europe . You need to see europe get stronger, brazil not just kind of go away a
Matthew is pounding florida. Our Morgan Brennan is live in Daytona Beach this morning. Good morning, morgan. Good morning, guys. Ill tell you its picking up strength here. Weve had some pieces of the building, this hotel were staying in as well as tiles from the roof have been detached and flying off in the wind just a short while ago, weve got a downed lamp post on the ground behind me and water starting to pool on the ground as well. So this is becoming more and more severe. Now, in terms of weve also seen 67mileperhour gusts of wind, i should note. In terms of where Hurricane Matthew is, it is about 45 miles eastsoutheast of Daytona Beach. Its moving about 13 miles per hour, and that means were going to see the worst of the storm begin to play out some time between 10 30 and 11 30 a. M. Eastern here. Meantime, the space coast, which is further south of us, has really been getting the brunt this morning. Youve got Cape Canaveral reporting wind gust of 107 miles per hour. And in nearb
Just before the fourth of july. Our road map begins with jpmorgan this morning. The banks set to pay pay recordbreaking 13 billion Justice Department fine to settle lawsuits at the height of the financial crisis. The markets pointing to a mixed open after the s p closes to an alltime record high as they wave some better than expected earnings against some budget uncertainty. The stock falling in the premarket as global sales fall in sim september. Starbucks in hot water after being accused of charging china markets higher than others. Jpmorgan close to reaching a tentative settlement. Kate kelly caught up with jamie dimon as he arrived at work this morning. Good morning. Reporter this 13 billion settlement na jp organ more beg hammering out with justice. What happens in light of the settlement . I asked mr. Dimon about this just momenting as as he came into work. Here is what he said. Were going to try to resolve everything we can and then were going to move on and serve our clients. I
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