There is something way more sinister lurking behind electrical grids. A new report is warning that the very source of our globes power could create a National Disaster on a massive scale. The report says our entire air, rail system, it could all go down. Satellite communications, maybe even death and destruction could follow all from a massive solar flare on the sun. A u. K. Cabinet agency says in its space weather preparedness strategy report that humanity would have just 12 hours warning before a socalled coe row that mass ejection disrupts electrical power generation, telecommunication, avionics and, as we said, satellite systems. The Natural Disaster would not mirror those of hurricanes or tornadoes in terms of destruction, but an extreme solar storm could leave 130 Million People without power not for months, but for years and could also produce a catastrophic loss of life depending on how long the nations electrical system is down. So what do we do when weve got big utilities her
Analysts weve got the number within analyst in biotech here to give us his favorite two names in that space. Yeah, the big cap and the small cap. In that order. You really have to know biotech. You really have to know. Im looking forward to speaking with him. Plus the man that won the paper called half man, half god, for his marketmoving calls. The number one equitylinked strategy will join us coming up. Think thats on his Business Card now we start, though, with the clock the stock powering the dow higher today, that would be walmart, shares surging 5 after some key announcements during its analyst day in bentonville, arkansas Courtney Reagan has some of the details from cnbc headquarters courtney reporter hi there, bill. Investors are pretty happy as you can see with walmarts forecast, two year 20 billion share buyback. Walmart shares up more than 5 hitting highs not seen in more than 2 1 2 years so walmart reaffirming its current year forecast which brackets analyst expectations. Al
Market territory. That means they are more than 20 below their most recent peak, which was reached in january, marking the lowest settlement price for oil this year. Domestic crude fell by 2 today closed around 43 a barrel. The reason for the decline is a familiar one. Theres simply too crude on the market and not enough demand. The Worlds Biggest Oil producers tried to fix the problem, but as jackie d the fg cracks. Crude oil lower again on concerns about oversupply, which is not what is supposed to be happening now. Opec is committed to cutting output this year, but some member countries like libya and nigeria, are cheating. I think theres a couple of Different Reasons for oil decline and they cant all cull min nate in the perfect storm. First, is that opec didnt have the control they once did, so when b they agreed to production cuts, they declined. Then i think the market believes opec members would become frustrated with the situation and that exacerbated the move lower. Weve talk
All but four states start their tomorrow. D lawmakers in about 20 of those states have yet to finalize a budget. Maines governor is threatening a shutdown for the First Time Since 1991. Its the 11th hour negotiations for negotiatigauche for legislations and nowhere are the financial pressures greater than in illinois. Which has faced its own twoyear budget stalemate and is now on the verge of having its credit downgraded to junk, but there is some movement today. Today, the house gave initial approval to a spending plan. Leslie picker reports from chicago. If you want to better understand the economic prices in illinois, look no further thap the 16 stories government building known as the jean r. Thompson center in downtown chicago. Everyone agrees it could be sold. Its worth about 200 million, money that could be used to help the state, which is broke, but the democrat emanuel and Bruce Browner couldnt find a way. The governor announ thats okay. With all these bells and whistles. I sa
Where are they . Four young men disappear without a trace in pennsylvania. Officials launch an allhandsondeck search. All that plus drink coffee, live longer. Are the olympics heading back to the u. S. . And all rise. There it is. Ladies and gentlemen. The yankees aaron judge holds court at the home run derby today, tuesday, july 11th, 2017. From nbc news, this is today, with matt lauer and savannah guthrie. Live from studio 1a in rockefeller plaza. Good morning. Welcome to today. Its a Tuesday Morning. Good to have you with us. Lets begin with this breaking news overnight. 16 people have been killed after a u. S. Military plane crashed into a field. It happened just north of jackson, mississippi. Witnesses say that plane appeared to disintegrate on its way down. Flames and thick smoke from the wreckage visible for miles, as you see there. Lets go to hans nichols at the pentagon for us. Hans, good morning. Reporter good morning. Officials this morning are saying this is a workhorse, th