Im Brian Sullivan believe it or not, oil is helping you and your money today. Crude trying to claw back to 50 bucks an hour pushing exxon and chevron higher leading to gain for the dow up 70 points other stocks to watch today, sarepta. And trivago investors losing 20 perce20 of money heres what else is happening at this hour the house getting more than enough votes to provide Hurricane Harvey relief. It now goes to the senate for a vote the fed number two stan fisher stepping down in october for personal reasons his term as vice chair was set to expire next but now he has President Trump an opportunity to reshape the central bank sooner than expected and President Trump heading to North Carolina to make a pitch for tax reform we begin whith whats being called the atlantics host powerful hurricane ever. On track now to head to florida in the coming days we go live to ft. Lauderdale for the latest on preparations but we begin with our guest wmaq meteorologist here at cnbc headquarters wh
Making the case for why conventional television isnt going away, not so fast, and why cord cutting isnt such a big deal keep that dial tuned here because power lunch is beginning now. Any gains by the major three averages would give them record closing highs, energy is the best performing sector today thanks to oil, crude, in fact, topping 50 bucks for the First Time Since august 10 Tenet Health Care shares soaring. Reporting the company is exploring a possible sale. Michelle got it melissa, thank you. Heres what else is happening. The federal trade commission is opening an investigation into the massive breach at equifax. The companys ceo is set to testify on october 3 before the house energy and Commerce Committee and the chairman of that panel will join us in the next hour on power lunch. Equifax stock sitting at twoyear lows. Facebook is launching a new Crisis Response center to help users during disasters and attacks. And bitcoin is tanking 10 after a big Chinese Exchange said its
Slide. The hang seng was up by 3 4 of a percentage point shanghai stocks closed down by 1 3 of a percentage point in japan, the nikkei higher once again. Another 100 points gain of half a percentage point. Trading at 21,255. In europe there is early trading taking place there are modest advances. It looks like the dax is the biggest gainer well continue to keep an eye on that. Were watching a developing story in the oil market. Crude and brent, they are moving higher on news that iraqi troops have seized parts of oil rich kurdistan. Theyre moving into parts of the city of kirkuk the u. S. Has supplied and trained Iraqi Federal forces and Kurdish Forces both have been fighting the Islamist State Group they are to if he cuss on the war with isis. One is missing, another five missing. Theyre trying to get to they were trying to get to a valve to cut off the flow of oil. Right now they are not ruling out the possibility that the oil is leaking into the lake the cause of the blast is unknow
A lot of was, and, before that, i thought, you know, im different from everybody else so i need to drink a lot to bring myself down to their level and then i realized, oh, no, no, no, were all in the same boat, youre just not paddling. Rose jimmy iovine, allen hughes and jason isbell, when we continue. And by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose jimmy iovine and dr. Dre are two of the most successful figures in the Music Industry. Iovine began as a sound engineer and record producer, worked with john lennon, Bruce Springsteen and u two before starting his own record label, a membe he ane collaborated over the next two decades in. 2014 their company was sold to apple for 3 billion in the largest acquisition deal in that companys history. A new fourpart hbo documentary seriesy director allen hughes follows the careers of iovine and dre includin
A lot of was, and, before that, i thought, you know, im different from everybody else so i need to drink a lot to bring myself down to their level and then i realized, oh, no, no, no, were all in the same boat, youre just not paddling. Rose jimmy iovine, allen hughes and jason isbell, when we continue. And by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose jimmy iovine and dr. Dre are two of the most successful figures in the Music Industry. Iovine began as a sound engineer and record producer, worked with john lennon, Bruce Springsteen and u two before starting his own record label, a membe he ane collaborated over the next two decades in. 2014 their company was sold to apple for 3 billion in the largest acquisition deal in that companys history. A new fourpart hbo documentary seriesy director allen hughes follows the careers of iovine and dre includin