The stunning change by president Bidens Son on the day his trial was to begin. Hunter biden pleading guilty to nine Tax Offenses after prosecutors made it clear the only alternative to a trial was a guilty plea. The punishment he now faces and what he is saying tonight. Also, the 14yearold Georgia School Shooting Suspect charged with four counts of murder in the killing of two students and two teachers. The suspect and his father interviewed by the fbi last year about online threats. Could more have been done . And how teachers press a button on their badges to alert authorities. Well show you how the tech works. But can it save lives . The fbi searches the homes of some top deputies to new York Mayor eric adams, seizing their telephones. What we know about the investigation. Former President Trump pitching his economic plan. Could Elon Musk Play A Role in a Government Overhaul . The battle over u. S. Steel. The biden administration trying to prevent it from being sold to a japanese co
Busiest day of earnings season and as we await a vaccine, more positive news from one drug maker about a possible treatment. You are watching Worldwide Exchange here on cnbc good morning, im dominic chu in for Brian Sullivan. We begin with stock futures pointing to a possible turnaround with the dow kit e indicated high, 175 to the up side, s p up by 27 and nasdaq up by 125 the dow and s p are coming off their first single day performances since june 11 the blue chip index seeing its fourth done day wn kaday in a re late february. Since the selling began on friday, the dow has shed a total of 1843 points, roughly 6. 5 it is on pace for its worst monthly performance since march. And it wasnt just the dow Big Technology also taking it on the chin over the past couple of days take a look at facebook, alphab alphabet, apple, tesla, and more together losing some 270 billion in market value just since tuesday alone. All of this coming as the u. S. Reporting its highest number of coronavirus
Investment, what do youd see as the future valuation for this business within mgm and if they dont get there do you plan to sell your stake . I tell you what on the first question i would not put a number on it but i would say with absolute certainty it is worth more than negative the Online Business is getting a negative in there. Im certain it is worth more than that and that is something that we looked at and considered when we were making this investment and you said your second question i have no idea. Were me in this for the long term and that means that well there r is all kinds of opportunities that may arise from here. And well consider everything. Finally are you looking at anything similar to this given all of the cash that you have . Were always looking at everything that is the fun thing about iac. We have the ability, the flexibility, and the time horizon to do anything that we want to do and were always active in the marketplace. Thank you, we appreciate you taking some
Until Californias Department of Public Health has stepped down from her job. She did not give a specific open this wednesday. Reason for leaving her officials announced they are opening next monday, august 17. Position. Her resignation comes less than all students will begin with one week after state officials announced the Computer System had undercounted the coronavirus cases. Distance learning. This initial phase could last she was named the state health for three weeks or longer, it officer and Health Director depends on Public Health conditions. In oakland, students are back to their virtual last october. Coronavirus cases in the u. S. Have surpassed the 5 classrooms. This is the very first day of million mark. 40 of those cases are in five school. There is still no deal between states. The Oakland Unified School district and the Teachers Union california, florida, texas, new about what Distance Learning should look like this school york, and georgia. Weather 163,000 people have d
Look at this and this is at the discovery kingdom. We will see that and more when we go live to discovery kingdom. When we go back action theyre reopening today. When you go back, things are a little different than you remember them the last time you went. I know a lot f people like go up there in the summertime. Thief do it just a little bit differently, and we will find out more from captain lee monroe and the animal ambassador at the discovery king come thats going to have a conversation on what things are doing to keep things safe along with dave clark thats filling in for mike, and do you like going to, you know, amusement parks now and again. Are you more of a zoo person . I will be honest. My boys are tall enough to reach the roller coasters. I know that the thrill rides are not opened at six flags. Theres something fun in substitution. We may wait it out until the big bad rides are open. I never was. I have to admit. I can sit back and watch everybody else go. I will wait for y