Road map begins with google, hit with a multibillion dollar fine from the eu, saying the company abused its search dominance. Plus, sprint is working with charter and comcast on a wireless sharing agreement what that means and the implications for any potential merger between sprint and tmobile coming up on the show, a live and exclusive interview with the ceo of kroger. Stock was hit hard this is the first time were hearing from the countrys biggest grosser about what the future holds for the entire Industry First up this morning, eu antitrust regulators hitting google with a record fine. Commissioner vesta gechlt r tweeted google gave illegal advantage to own Comparison Shopping service by abusing its search dominance t must stop and pay fine of 2. 4 billion euros. Commissioner vestager will be a guest in the next hour for its part, google says they respectfully disagree and will consider the option they have for an appeal, sara. Seven years in the making it was a longrunning probe.
Board seat hes going to join us for a live and exclusive interview in this hour. Blue apron down almost 7 this morning as the stock is further from its ipo price a lot more on jeff besos competitive muscle. Stocks are looking to make more history 68 in total and next week will be even hotter. Make or break and some companies are real stand out i look at microsoft and think they can deliver theres negative commentary about ibm. Obviously this is the last Conference Call for ge lets see what they have to say. This is a make or break week it always has been this sets the tone for the quarter. It is a kind of remarkable time because a lot of these companies are very international and we have really good numbers out of china last night europe is coming back. Some will be saved by overseas retail sales over there. The estimates though, 68 for the quarter. It was 66 at the beginning of the quarter so we havent had them as they normally do. No, thats a big change the domestic economy is strong
Our road map begin with the last trading day of july. Plus the ceos will join us for an interview at 11 00 a. M. The first 30 tesla model 3 customers have their cars. The reviews plus why elon musk says hes in production h efrks ll but first the final trading session of the month major indicies in fact most of these are looking at the second best month of the year i think it just took people by surprise i dont know why it wasnt like it was saying were not doing well i went over that verizon Conference Call again. Did you its like boeing. Were not as bad as you think it lends itself to another story as well which leads to goings on about charter which is this belief that verizon needs to do a deal for content although thats highly unlikely but to your point that quarter was a good one given expectations. You dont want to go too far it wasnt the quarter they had 7 or 10 years ago when they owned the network. Thats why john said to me on twitter thats really good, well terrific because yo
France is the only winner though the losses are not particularly significant at this hour. Ten year note yield crept up yesterday. Did we aye. There we are. Kind of hanging where we have been. When i was in this chair last week, jim, we were talking around there. We did have a yeah. Ever so slightly. Lets get to the road map and it does start on the global stage. Trump diplomacy. The president is set to host chinas xi jinping at his Maralago Club in florida today. On the agenda is trade, currencies and north korea. Plus, tax reform delay . House Speaker Paul Ryan saying the white house has yet to nail down a plan with congress. What that could mean for investors. And goodbye butter. Consumer giant unilever making big changes to the portfolio. Paul polman was a guest on squawk box, but well have more of the background to everything thats gone on there and what it means to the future of the Consumer Products giant. First though, President Trump and chinese president xi jinping be begin t
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