Creditors what he called terrorism. Meantime, greek banks remain closed today. The atms are running out of money. The ecb is holding a Conference Call today tole try and decide how long to keep a life live at the banks. Meantime Germanys Angela Merkel will meet with Frances Francois hollande today. And theres a meeting of creditors today. We were talking before the show it just is confounding to me just watching it happen. It almost looks like you get so defiant at some point, youd almost rather inflict your own demise, than have it inflicted by somebody else. And i think thats part of what happened here. Merkel saying by the way, she thinking the greek Prime Minister basically drug his people into a wall. If youre a creditor if youre a socialist and smart money like thought that would never happen. Once it happened i guess all bets are off. You cant assume that theyre going to have some sort of all attitude about in the middle east, about democracy, no longer do i think we can expect
Ten oil down. Europe red across the board. No surprise. In our road map this morning, european markets not alone in terms of volatility but aggressive support measures in china seem to have stemmed some of the selloff. Aetna agrees to buy humana. Well speak with both the ceos later on in the show. Currencies caught in the cross winds of global uncertainty and thats affecting kmoimd commodities. We do want to get you the latest on greece this morning, the morning after voters rejected creditors austerity demands in the referendum. We are in athens this morning with an update. Good morning. Reporter good morning. It is now a waiting game. Were waiting for so many things. The finance minister has resigned. Were waiting to see who the replacement will be. Today we are waiting for the u ecbs decision on what they will extend to the banks. No details on that. Tonight we know that merkel will meet in paris with germany, and merkel will travel to paris to discuss the discussion in grease with
Last three years. An intriguing session in shanghai. The composite staging a huge comeback after a volatile trading session. Hong kong shares in the red. We have Ralph Acampora. European banks taking a hit as the future of greece and the euro zone hangs in the balance and well look at the true cost of a greek bailout. Meanwhile, gopro unveiled its smallest camera ever. The stock is not getting a lift on that news. Well hear what Ceo Nick Woodman has to say. You can carry all these things around. You put your phone up here too . No i dont. Crude oil in a tailspin. Jackie deangelis live at the nymex. Good afternoon. We saw oil shed 4. 40 to finish the session at 52. 53 selling pressure intensifying as we got towards the close. You mentioned demand. The situation in greece pushing us over the edge. Here in the United States gasoline demands falls off after the fourth of july weekend. You have the perfect storm to go lower today. We are also watching Nuclear Talks with iran. We know from s
Classic car shop yesterday. A sales maniwaki our reporter through the show room of the burglary broke a window and scrawled on the hood of a 6 mustang before damaging a cad look worth 115,000. He walked on the car on the hood cracking the paint here and you cannot repaint this. There is a bunch of other damage. Graffiti in the bathroom. Surveillance video shows the suspect moving around the show room for 40 minutes and police entering with rifles. Miss say the man was aggressive and killed during a confrontation with an officer. The suspect had not been identified. Police have not said if he was armed. The man accused of shooting and killing a woman near a San Francisco tourist spot admitted he fired the fail shots but insists it was an accident. Sanchez spoke to abc7 and Amy Hollyfield is in the newsroom with more. He gave specific details about the killing and he also said he wants the harshist punishment. The 32yearold kate steinle was shot on wednesday while taking in the sights at
Off and they will be out here investigating for at least a couple more hours but yes, a stolen vehicle turned out to be not a police chase. They just tried to stop it. The car fled. Theyre definitely calling this not a police chase out here in the city of san pablo. Were live, kiet do, kpix 5. Pleasanton a Police Officer shot and killed a man who allegedly broke into a car dealership. Happened Early Saturday Morning as the suspect was fleeing the Specialty Sales classics autodealer. Investigators say the man ran out through a broken back window and when an officer followed there was a confrontation. As the man ran, the officer chased him down and caught him. The two had a physical struggle during which the officer fired his pistol hitting the male. The suspect later died at the hospital. The officer suffered minor injuries during the confrontation and is on standard leave. Its the first officerinvolved shooting in pleasanton in nearly ten years. Today a man charged with killing a if 2y