was wanted for robbery. how it went down chase went back and forth between two states began in new jersey, just after 7:30. initially the suspect evade the police in oakland camden county and head to do philadelphia. but then it was quickly back over the bridge to new jersey after a trip through camden the next stop was the deptford mall where the suspect drove around the parking lot. after that, it was back on the highway and back into philadelphia. through the toll and crossing the ben franklin bridge the van nearly came to stop at mid span. the suspect evaded philadelphia police several times. always getting out of a tight situation the van eventually exited 95 south near the airport and that s where police had enough. they used a pitt maneuver and the van rolled on to a service road. the suspect was cuffed and is now in custody. we go now to eyewitness news reporter david spunt in southwest philly at the scene where this long chase came to that end. david? reporter:
facebook results beating sales, profits, user growth higher than estimated. the stock is lower in the pre-market. the big story for cigna, david cordana ceo joins us whole foods des appointments for the second straight quarter. it is down double digits as earnings miss expectations the government s initial reading of second quarter gdp coming below consensus, 2.3%. stronger consumer spending a slowdown of imports and a hike in government spending driving those results. first quarter up to .6 from a previously reported contraction. construction not bad. it echos what yellen and the fed said moderate growth continues. i had sandy cutler on the ceo. he said, you look around we are the best in the bad neighborhood, the globe. we are the best performing company. he is including china. he this is the numbers are completely phoney saying that this kind of growth is sustainable. it is not great growth. the rest of the world is on the decline. i understand what yellen and co
we got three reporters covering it all there. phil lebeau on the cars and the crash tests. housing, diana olick and the economy, steve leisman. but we do start with phil and these new crash tests on the ford f-150. give us more details, phil. mandy this is a mixed review from the insurance institute for highway safety. look at the crash test video. the good news for ford and for f-150 owners they tested two versions of the truck, the super crew version which is the most popular version, all good ratings across the board. extended cab, four good ratings but one acceptable citing injuries to the driver. ford says it is making changes in the extended cab for 2016 to ensure that it passes all of the safety tests. but here s the negative news in this review by the iihs. it has to do with the cost of repairing the aluminum panels on the f-150. they say those repair costs could be 26% more than the old repairs against a steel panel version. they say that repairing aluminum is ti
media, all that coming up after the close tonight. plus in case you missed it, former chair fed addressing. we have the sound for you coming up. yes, we ll get responses to that as well. oracle shares are down 11% this year so far. jeffreys is upgrading that stock to buy with a $50 price target. you see the trading at 39 and three quarters. you have the analyst on oracle coming up moments from now. on markets today, the dow up four points. the s&p higher. the nasdaq doing better up 20 points. even though facebook is still low were after the earnings support. a lot of people liked what they saw on the numbers. by the way, apple is down today too. let s get to our closing bell. for this thursday, ben willis, kind of a muted day today after tremendous volatile earlier this week. what s going on today? actually a very interesting trading day. once again, we saw the ability to buy on the dip where the education from the economic data we saw took the dow jones and the s&p
far, up 8%. check out what s happening this morning. things have barely changed. the dow futures are up about 12 pokt. the nasdaq just under one point. if you haven t woken up there is a full moon out right now. on today s squawk planner economic data. at 8:30 eastern, the earnings. the news in earnings big oil will be in focus. among the names posting quarterly rults, exxonmobil and chevron. the weekly bag lyly baker hughes rig count is a number of the rigs actively developing oil or natural gas in the united states and canada. we went up to 70 60 for a little while. everybody came back in. people predicted that. they didn t need to get to 100. isn t crude down? it is. 48.52. they think we could be looking at a three-handle on wti because the fraccers have gotten so good. these what? fraccers. that s werdird. they ve cut costs. they don t need oil prices to stay high. you say it it seems like just coming out of your you re normally so proper. these frac