exxon, if they cut a dividend, there is something very bad. that's the last thing you have to worry about their dividend. put it that that way i thought exxon bottomed the other day and crude as well. so this lay down surprises me. i talked about slumberge saying stay away, maybe it's hasn't turned if you look at a play integrated 80-and-a-half. >> they don't want to play integrated. >> i did want to play. now with this again this laid down - >> i thought you were playing would you rather exxon - >> i wouldn't want to play would you rather, if you want to play would you rather, sure would you rather >> you got to give pe 2345i78s >> i'd rather stay away from the sector altogether. >> i think oil -- >> that's right. >> i -- there will be little bounces here oil is going lower we were six to one better for sale of that we were professional 75% short. we could get a relief, a bounce. no doubt about i. i think oil is going to break 40. i think we break 40 sooner than later. >> i think the weakness in the dollar is really the tail that las lower lo

former exxon ceo rex tillerson advising the president.cheryl: he's been saying we should stay in the cord that sounds like we will not stand the cord. interesting times for the white house has always appeared speculation about joe biden's possible presidential aspirations for 2020 starting to heat up again. according to multiple sources, the vice president for launch a political action committee today. the pac will give away to develop and maintain relationships with donors, travel on the off of the democratic party contribute to next year's midterm election. by mask or disguise the field campaigned saying he thought that he was a great candidate. biden declined to run for the democratic nomination in 2016 following the death of his son. interesting he may be getting back into the arena. lauren: are reconsidering. police in florida have released the dash cam video attacker would dui arrest monday morning. according to the police report, he was asleep at the wheel of his car which was running which i damage on the drivers side as well as t

if you look at it in the us, exxon, rex tillerson, the former wa key us, exxon, rex tillerson, the formere it gives them visibility and certainty. it gives them planning certainty. they know what is coming down. —— the former work he did there. it is thursday. a week ago. in a week we will be going to the polls. —— a week to go. week we will be going to the polls. -- a week to go. did you watch the debate? yes, of course. big as i am still make you my mind. i am one of the undecided. —— because i am still making up my mind. i think was interesting was thatjeremy corbyn really upped his game. in the beginning, it was this blundering gentleman and now he has quite a strong message. but as it was pointed out, a lot of his players are not fully costed. that is no good. but what about the conservatives? they have not costed at all in their manifesto. and theresa may was not there. that was the thing. she should have shown leadership by being there. but then you know thatjeremy corbyn only announced in the last minute that he was coming. she should have been there. the conservatives have an iss

exxon by far is the biggest one, you have the live billion.he next close is maybe chevron, 100 billion left t. energy sector is making 15-year relative lows to the s&pment something is wrong, it probably will be the cuts. >> one of the thungs you have to consider is if companies have to take on additional debt to basically sustain a dividend, we've had incredibly low rate environment. if rates were to rise, how sustainable would that be? they haven't been replacing all of their reserves. >> for a long time. >> that's right. >> so that has to come from some place. >> that will reach a tipping point at some point? >> does it surprise you guys, though, last year when we saw oil at its lows, the high yield index is getting slaughtered. it's 52-week highs. there seems to be a lot of dischecks. one of the important things is not just that. >> actually, i don't know there is a big disconnect t. high yield space that issuance was coming from drillers, for example. the e & p space. >> that is contributing to the supply jackie was talking about. from th

between the years 2011 and 2014, when the current secretary of state rex tillerson was exxon's chief executive. exxon called the allegations inaccurate and irresponsible. >>> no secret that twitter is trying to get more people to tweet these days. it's also trying to attract more advertisers to increase revenue. to do that, it has to give brands what they want. and they want information. about you. so twitter is trying to figure out who you are and what you like based on things like your browsing history. and it uses that information to create your profile which you can now look at and update. and with so much personal data out there already, you would think that they would know all there is to know about you. but that's not always the case. >> they think i'm single and a single parent. >> they think i'm retired. >> number of children, one. got that wrong. >> big city mom, corporate mom, female head of household. >> this is hilarious. >> reporter: are you a big city mom? >> no. >> reporter: are you a trendy mom? >> i am not a trendy mom. >> reporter: what's interesting is they don't

shareholders in exxon mobil have backed calls demanding the company assesses the risks from climate changestors, was supported by over 62% of those eligible to vote. it will mean exxon has to share more information about how new technologies and climate change regulations could impact the business and profits at the world's largest publicly traded oil company. uber says its head of finance, gautam gupta, is leaving the company. it comes as the taxi firm said first—quarter losses narrowed substantially from the quarter before, finally putting it on a path to profitability. mr gupta will leave injuly tojoin another startup in san francisco. he's just the latest high—profile executive to leave uber. let's have a look at what is happening on the bbc business live page, lots of news coming in including this story, as you can see, aboutjimmy choo, i don't have it in front of me so i can't say what it shows! here it is, releasing trading update ahead of the agm later today. we promise you it is live, these come in and we see them as you see them. excellent progress, telling us there is strong gro

yes, bp shell, conoco, exxon mobil.ld trump to stay pa rt was cancelling donald trump to stay part of this deal and people who have been supporting him also saying that this is a bad idea. very briefly, as i did tease it, we had some very good news which is making people encouraged about the main sector. the official figures were out at1:30pm uk sector. the official figures were out at 1:30pm uk town today to talk anything above 200,000, you would expect the dollar to rally and continue the record highs we have seen. continue the record highs we have seen. the key dynamic is not how manyjobs seen. the key dynamic is not how many jobs have been seen. the key dynamic is not how manyjobs have been added but how they are paid. if hourly earnings are around 2.5 present, beating inflation, good news for rate rises later in the year. jeremy, you will be back to do the papers. still to come... how have tech firms been reacting to the news that america is quitting the paris climate change agreement? we'll have all that and more

when you have exxon, doesn't even want it. eric: that's not what i'm saying. let's bring it-- wall street says new record highs, putting in money for the future of the economic growth, not what president obama did eight years ago. it's for the future and if jessica's studies were right and there's going to be $8 trillion of lost gdp, there's no one in their right mind on wall street that would put money into that. >> it's fascinating. the piece on the startups they were going to struggle because of paris climate agreement and then you have this individual come out and basically say he's running one of the companies, oh, no, our investments are going to be fine. yes, it's disheartening that we're not part of the paris climate agreement, but clean energy, those investments are going to continue because the united states is a leader in terms of innovation, of clean energy, as well as oil and energy production. so, i think that even say that that's going to impact the investment in these companies, i think, is ridiculous and i also think when you're talking about

route 63 is blocked at the exxon station, yodder road or oak drive are the alternates. we have down trees militia hill road is blocked saturday close to the pennsylvania turnpike. avoid that area, as well. overnight construction on the turnpike both ways by 476 the mid county interchange you're looking better in that neck of the woods on thursday morning. >> let's go back to the story r breaking news, a 7-year-old is back with her mother after a chaotic and scary night. a child was in the back of a minivan when a repo driver hooked it up and towed it away. katherine scott is live in southwest philadelphia where police are trying to piece together what happened. >> reporter: that's right, good morning, tam, police are trying to determine why this child was left alone in the car and why the repo man didn't see her asleep in the back seat. this all remains under investigation, you can see the police remain here on the scene, they are holding the tow truck and the attached minivan where it was stopped in southwest philadelphia. let's go to video of the 26-year-old mother an

how about exxon mobil had a good couple of days when exxon turns before crude does, that may be the sign know what, that's what we're seeing now maybe xom, finally after six months, might get you down here. >> it's hard to -- we have the u.s. environment -- >> treacherous, would that be a word. >> that's an excellent word as a matter of fact you have saudi ramco, and do they want to have a floor under oil until they do their offering i think they probably do i like the services space. i actually do think that baker hughes deal is interesting >> sumptuous, opportunistic, treacherous. do you have a word >> i don't know. >> come on. >> i love these liquid assets. >> i asked for one word, you give me like five. >> i know. >> i think you're right on the services i think there are some more interesting than the bigger names. if you want a play in energy right now, the only way to be involved is play in there. it is the most difficult investment you can put in. if you're going to play in there, i think there are trades outside of the big names that most everybody's talking about. >> can you twe

, and exxon has been on record as saying they wanted the u.s.o stay in this. you wonder what rex tillerson thinks of this now in his position in the administration, begin the president's decision today. >> reporter: yeah. turning around, bill, sorry to turn my back to you, but looking for tillerson in the crowd. i do not see him, but i can't see the entire crowd where i'm at. you're right, exxon taking a public stance on this, and we saw larry summers on cnbc just this morning saying he's surprised to see a white house that's now to the right of exxon in terms of climate. that seems to be where we land here, and that sure is an interesting political development that exxon, itself, lobbying to stay in the paris accord. the trump white house saying, no, no, we're going to pull out. >> we'll be right back with you. jackie is over at cnbc headquarters with a look how green energy and coal stocks are perfo performing. >> looking at the market today and response we had in the energy sector, more than coal and solar, start with big oil first. the premi

occidental by exxon mobil with occidental saying it does not comment on this type of speculation. on it which is why we mention it. inventories a big driver of the gains in oil related stocks. we have the crude oil inventories change week by week, find this on the bloomberg, this goes back one year and 48 straight weeks there has been a drawdown on the inventories in the u.s.. the drawdown last week was the largest this year. in oil andthe rally despite the drawdown, i like to point out where we are versus where we have been over the past several years. this is the seasonally adjusted crude oil inventory data in the u.s. .his year, we are at the top seasonally adjusted basis, pretty close to where we were at this time in 2016. the average is the light green line. about 100 million barrels above where we typically are at this time of the year if you look at the average of the past five years. to put it in perspective, yes, there has been a consistent drawdown but it is still well above where it typically is at this time of year. david: thank you for the update. a lot happening in w

. >> why wouldn't exxon mobil -- then why wouldn't exxon mobil say right on, brother.et's get out. >> that's a good question, stephanie. i'm sure the people at exxon mobil are very sincere in their beliefs that we should have stayed in the climate accord but i think we both know that exxon mobil benefits from higher energy prices, while americans benefit from lower energy prices. a lot of the companies that you mentioned may have political reasons and reasons that they want to keep their customers satisfied and don't want to offend people and they may have been able to take advantage -- >> but rex tillerson now works for the american people and he knows that industry better than you and i do. >> as i said, i think rex tillerson is a good guy and i think he gave the president what he thought was his best advice and the president disagreed. i can't argue with you about whether or not rex tillerson understands the oil industry. i think he does. no longer ceo, he's a good man. there wasn't a lot of benefit with respect to climate impact. so, he made the decision to pull ou

andreds of businesses executive support the record, including energy companies like exxon mobil, several members of trump's business council resigned yesterday in protest of his decision. trump says he is putting america's jobs first, but the accord would have created an explosion of green energy jobs for the future. keep america preeminent and number one for the jobs of the future is essential unless the world moves to replace that recognizes the danger of climate crisis. it's a health issue, national security issue, and economic security issue, a personal security issue. families health is affected by this. this agreement creates safeguards reduces pollution that sickens and kills tens of thousands of people each year. that's why these countries are joining in. this is a matter of environmental justice. lower income and minority families are disproportionately vulnerable to the ravages of the climate crisis. it's civil rights issue. environmental justice is. and we have a moral responsibility in addition to the national security, the economy and the health of our children. ,e have a mo

. >> exxon! [ light laughter ] >> jimmy: exxon card.he idea. >> so we max them all out and we got $10,000 together. as we put the movie together, we realized it was gonna cost $30,000. it wasn't going to cost $10,000. it would cost $30,000. so we're like, what do we try to do? do we make it for $10? and we said, you know what, it's gonna look stupid. let's take the $10,000, let's go to vegas and let's bet it. if we win the 30, we'll make our movie. if we didn't, it was like, so what? [ laughter ] so we go. we go to vegas. we put it on black. roulette table. [ audience ohs ] spin it. [ light laughter ] i don't spin it. >> jimmy: you spin the wheel? i wasn't allowed to. [ laughter ] i asked if i could. and they said you're not an employee. bounces all over, the little ball. lands on black. and we get 30,000 dollars. [ cheers and applause ] >> jimmy: here's what's great. here's what's great. i don't think that story is true at all. >> actually that didn't happen. [ laughter ] >> jimmy: i knew it. i knew it. i could tell by the poker face.

exxon described it as an "effective framework" to address the risks of climate change. other voices urged withdrawal, including chief strategist stephen bannon. as did 22 republican senators, including majority leader mitch mcconell, who said that it was an important part of rescinding president obama's "clean power plan"-- which has long been the target of republican lawmakers. the trump administration also took aim today at another rule on greenhouse gases-- specifically, methane emissions. the e.p.a. is stopping an obama administration rule that would cut down on methane leaks and pollution from oil and natural gas drilling wells. let's look at what's at stake if the president opts out of the paris accord. michael oppenheimer is a professor of geosciences and international affairs in the woodrow wilson school at princeton university. he has been a long-time participant in the u.n. panel on climate change, which produced reports on the subject and won a nobel prize. and, phil kerpen, the president of american commitment, a conservative group opposed to the paris agree

desmond style his from exxon where he keeps a tight single.his creates the impression he is isolated and clijsters -- cloistered. oliver: there are a lot of people there. what do they want tillerson and peterlin to do differently? when you go into a meeting, it feels like you are siri. a question and expected to give a response. people say, if they are going to win the hearts and minds of the state department, they have to have more of a free flow of conversation. more of a back-and-forth. politics, isis. while world powers are getting closer to defeating the group, the future of syria remains unclear. your team and the politics section looks at what is happening in syria and the ongoing turmoil and what it could mean in the long run. how did you choose to look at the situation right now? matt: we have been talking about the fight to rollback isis for a couple years. now that they are basically surrounded, their capital, the capital of their self proclaimed caliphate is surrounded. they are being pushed increasingly out of territory. they are

remember exxon valdes, that was some time ago. >> liz: yeah. >> not like your grandmother's pearls. left you some pearls in her will that is sentiment tall value. but when it comes to a stock it's a thing. you need to sell it, or consider selling it if it represents too much of your account. too many overvalued stocks out there. liz: what if it is not in your nature train yourself to be disciplined? >> train yourself. liz: warren buffett is always disciplined, he sells when he thinks everybody else is running in and buys when everybody else is fleeing? >> that is exactly right. the difficulty know when to sell. if it gets to represent too much your portfolio, 10, 15% that is too much. people may hide not want to pay taxes. only pay taxes on certain percentage of what you're making. gives you opportunity to put capital to work in something else. always something else attractive. liz: you have two billion underasset management. we showed the process, explain the most important ones of buying a stock. >> we try to find things undervalued by our measurements. that means cheap pe ratios,

exxon mobil, for example, stood to benefit. rules may.s. climate have produced a slight drag on the demand for oil, a global commodity of which exxon is the sixth largest producer. but it would've been a boon to u.s. natural gas, a mostly black market wherecked exxon is the top producer. kevin in brownwood, texas, independence. good morning. trump and a plus. he's doing a great job. to me, getting out of this paris accord was one of the best things. it's nothing but going to hurt our economy. , ande already suffering they're wanting to send money to these other countries to help them out. we are up to debt in our eyeballs in a just keep getting our money away. ok, kevin in texas. marcia in pennsylvania, democrat. trump and the and ask minas. how dare this president quote pittsburgh without noting -- an f-. how dare this president quote pittsburgh without noting our history. we cleaned up our city and it took decades. you can't drink oil and coal. is promoting backroom deals for millionaires and the gas and coal industry. every scientist in

diane cardwell with a story saying the majority of exxon mobil shareholders and the reversal have votedfavor of a more open and detailed analysis of the risks posed by policies aiming to stem climate change. the company's annual shareholder --ting on wednesday 10 is up next -- ken is up next in washington, d.c. he is unsure. sure --i'm certainly of these. place ace.f pe if we are global leaders, you would think we would want to stay in that position. pollution is deadly for the environment. it has harmful, poisonous effects on the environment. oursidering not only ar bodies are environments, if we take in a certain amount of poison, it can harm us -- the earth itself is an environment. that's why we can breathe because it is an enclosed environment. considering all of these pollutants get into the air, they have no other place to go. se sideess of who' they are on as far as trump is concerned or president obama, the fact is you have to agree that this issue exists. host: as you can imagine, there are interesting groups involved in this discussion outside of the political realm. they hav

exxon mobil issue systematic reports about what climate change means for the business model of exxon revolt. vulnerable, we need to hear the truth. it was an overwhelming victory. already the management is on alert. they are being sued all over the country for lies they told in the past. is they have to get out of the president's council. your camera out. he has his notes written down. this off of business insider. we have stephen schwarzman on the president's council, doug mcmillon of walmart on the president's counsel, very bar -- mary barra on the president's council. ill on musk and bob iger walked out yesterday. bob iger has clearly made a statement through his philanthropy on what he thinks of call. cohn said: is going away on a technological standpoint. how far behind on technology is the president's thinking? jeffrey: the president lives in a dream world that would take us back to the 19th or 20th century. your childhood in detroit, mine in rochester, we are going back to the 1970's? jeffrey: that is his mental image. the mayor of pittsburgh said, no. we want to stay in the p

in cooperation with exxon mobil. exxon shares are trading higher today. target over at deutsche bank's $106 a share. devon energy, according to analysts is oversold on fundamental and technical measures. analysts are still bullish. on the flipside, you can look at the u.s. dollar. it is trading of its lower what again today. you see the one-week chart turning lower by about 9/10 of 1%. one of the trends we have been watching is that there hasn't been a traditional relationship between oil prices and the dollar. take a look the bloomberg. we have a correlation between 916 eight.g# btv this goes back five years. here's a negative correlation to where we are now. that's a very strong one. historically, it has bounced around, but it has been typical that it was a stronger negative correlation than it is at present. we will see if that's relationship comes back into effect. today, it is a fact. oil in the dow is down. david: julie, thank you. meeting isrom the they say he is pleased with the direction that u.s. is heading with china and talks. it is an aupt de

he even had major oil companies standing out in favour of the paris accord, names like exxon mobil, chevronll saying they favour the deal. we have had a lot of reaction on twitter, the boss of gm, seen as a bellwether as he is a huge conglomerate. he said he was disappointed with the decision today on the paris agreement, climate change is real and industry needs to agree. damning words from him. we heard from amazon, putting a statement on twitter saying that they believe for a bust clean energy and climate policies can support american competitiveness, innovation and job growth. it is worth pointing out there are some companies who have come out in favour of what the president announced today. unsurprisingly, many in the energy sector, especially the coal industry, murray energy spoke of how good this would be, and peabody energy, the leading coal company, saying it would be a good dealfor electricity security. thank you. wall street closed higher following his plan to withdraw from the paris climate agreement. several business executives disagreed. president trump said it would be good f

he has brought his management style from exxon where he keeps a tight circle of advisers and relies onfor advice. that creates the impression he is isolated and cloistered. oliver: there are a lot of unhappy people there. based on your sourcing from the story. what do they want tillerson and peterlin to do differently? >> one of the big questions they need to resolve is people say, when you go into a meeting, it feels like you are siri. you are asked a question and expected to give a definitive response. there is no back-and-forth where they are looking for policy advice. people say, if they are going to win the hearts and minds of the state department, they have to have more of a free flow of conversation. and more of a back-and-forth. oliver: also in politics, isis. while world powers are getting closer to defeating the group, the future of syria remains unclear. here is editor matt phillips. matt phillips, your team and the politics section looks at what is happening in syria and the ongoing turmoil and what it could mean in the long run. how did you choose to look at the situation

l huge number of american businesses, like google but also exxon mobil, the largest oil company in theesident trump to say, don't do this. we can see the economic benefits to our companies and workers, jobs in america from climate action so it isn't just america from climate action so it isn'tjust non—government organisations that are saying that, american businesses are telling him to do it. so he's had plenty of voices telling him what he should do, let's see if he will listen to them not. we will find out in just over an hour's time. michaeljacobs, thank you. we'll bring you that announcement from the white house live this evening on bbc. before that time for a look at the weather. huge contrasts with the weather across the uk today, we've seen cloud across rain and scotla nd we've seen cloud across rain and scotland and northern ireland and in the western isles, 1a degrees, lots of sunshine for england and wales, in the south—east, another one night for most of england and wales, that southerly breeze, temperatures not dropping too far but it will be quite a wet night for scotland

there is an exxon and a royal farms unleaded. if you wait until the jersey turnpike you will pay $2.32 a gallon. we'll be right back. stronger is blasting without risking her bones. it's training her good cells... to fight the bad guys. stronger is less pain... new hope... it's doing everything in your power... and everything in ours. stronger, is changing even faster than they do. because we don't just want your kids to grow up. we want them to grow up stronger. announcer: you're watching "abc7 news at 5:00". on your side. alison: as we have been talkin struck the area. derecho winds killed 22 people from the midwest to the midatlantic. it knocked out power to millions. the stormwatch7 team says derechos occur on average every four years in the d.c. area. are we prepared for the next one? nathan baca live in vienna with what is being done to keep your family safe. nathan? nathan: power poles like these snap when trees came crashing

see the downed wires from overnight and closed all day eastbound side by harleysville pike at the exxon station and a crash in bordentown near rising sun road. and 20 minute delays on the paoli thorndale regional rail line outbound. >> did you say pizza? >> his ears pricked up. >> much more ahead on "action news" at 5:00, a health care showdown on capitol hill. ahead the republican backed plan that has members of the gop turning away from party lines. >> but first trashing philadelphia's trash cans why the city's watch dog says that the multimillion-dollar project is a waste of money. fios is not cable. we're a 100% fiber optic network. now with our new fios gigabit connection, you get amazing download speeds up to 940 megs, 20 times faster than most people have. and the price is amazing too for $79.99 a month online for the first year you'll get our fastest triple play with hbo included for 2 years. leave cable's slower internet speeds behind. so hurry up and switch to fios gigabit connection for $79.99 with tv, hbo and multi-room dvr service for two years all with a two year agreement

ge, shell, exxon mobile. wait, you had the floor, buddy. >> okay. >> elon musk says i'm not even doing business. >> he'll take the money, the subsidies. >> it's our money. >> it's our money.ou >> you have a bunch of people who are puppets. >> you're the puppet. >> don't worry. >> get out of here. >> ask him if he's done with his - - . >> the united states would suddenly advocate all leadership and let - china and the europeas take the lead. you told me don't listen to nasa. >> nasa has problems. >> attack nasa, go right ahead. >> multinational corporation like exxon mobile and shell want these deals because they can sign these fat contracts with these third world countries to get paid off of u.s. taxpayer subsidies. of course china wants this deal? they get to do whatever theyy want and knock america down. when have we followed what china wants? >> the french president spoke. >> put america first. >> you know what he said? >> what? >> great greg says it's - - . according to greg, trump is just saying this par

looking at exxon/chevron, a lot of trade lately has been towards dividend paying stocks the at&ts androblem with them with the exxons and chevrons as energy weakens, we have a 2.15 ten-year yields, people are looking for the 4, 5 yields. >> dividend stocks will continue to be in demand. >> i think so. if we sat down here six months ago, i don't think any of us would think the rates would be less than 2% >> 2.14 this morning >> even when come banks didn't come in as good as they should, they've done okay. i don't see it as a major drag >> top sector pick has to be financials they had a bump with the rate hike last week overall the earnings season, i look at them to do the best. a a lot of the world is recovering with that, the big multinational banks, one thing that people miss is after 2008, one thing the financial sector did was it became so efficient and well run, there's little to no fat on the bones. >> finally, what are you seeing at t.d. ameritrade as far as flows and retail participation. >> the last four months our clients have been net buyers they participated. apple and face

"lamp" being the magazine for exxon standard new jersey, meant to keep its stockholders and employees informed as to what the company is doing. but always, one of several images if you flip through these magazines, emphasizing the humanitarian work being done as well. oil not simply as an economic interest -- certainly it is, driving this corporation -- but there is a sense of it being promoted by the company in line with rockefeller's vision of using this wealth and material to extend modern democracy on a global stage. this vision is aided in 1940 when the rockefeller brothers fund is established. with the third generation juniorg, that is john d the 5 sons standing with their , father -- and through this agency we will see rockefeller philanthropy extend it each into all of these different types of programs. much more so than their father into large-scale development projects that will be more secular in their outlook, but never entirely drained of this religious impulse, this spirit of international service. nelson rockefeller on the top right, certainly the most influential polit

leverage, that's xop >> leverage. >> yeah, that's leverage >> yeah. >> sticking with energy here, exxonhis year. one trader is betting on more pain ahead mike joins us from massachusetts we believe to break it all down. hi, mike >> yes, so despite the fact oil has a little bit of a bounce and much of the xle is higher. we saw a buy of over 10,000 of those. that isn't exactly an optimistic outlook for the largest of the integrated plays froms more of the musho and poo poo platter. >> the only i've got, some chop sticks still in parp and waiting for my first course. >> the rest of the show. >> it's only 5:37. there's still time mike, thank you. mike co from the chinese restaurant in massachusetts. it's a joke. for more options action, check out whole show tomorrow, 5:30 coming up, shares of apple taking a hit today as the company celebrates ten years since the release of its original iphone. where its next one turbo charge the stock? lance is here to weigh in. >>> plus, blue apron making its debut and guy is putting the company to the ultimate test you won't want to sshion chore right aft

secretary, i appreciate your exxon service. my heritage is exxon. my great grandfather started in 1890 with oil. my grandfather was in south carolina with oil. my brother has been with exxon. i know the integrity of the company that you've led. also, i was really pleased to see your scout background. all credit to my wife. we have four eagle scouts in our family. so thank you for what you've done. with so many global challenges, the rogue nation north korea continues to push against international norms and threatens our nation's security and the security of our allies. i'm concerned that large cuts in our foreign affairs budget will leave us at a disadvantage in the distinct national security role pl role. in support your continuing the state department's critical missions around the globe. secretary tillerson, on the threat of the unstable and dangerous north korean regime, each week there are reports of nuclear developments, missile tests, ridiculous videos showing americans being killed, and americans being unlawfully detained. there's bipartisan

there's a reason -- >> exxon. >> ceos from exxon said let's stay in.n valley's leaders said let's stay in because it's not bad in the long run for the economy. it's good in the long run. >> the first tweet ever -- >> lloyd blankfein at goldman sachs. if you want to strip it down -- but the hyperbole on the left. this is the day the world came to an end. >> that's the overreach everybody needs to watch out for. >> if you want to understand what hyperbole that is, to see what the most progressive thought leaders were saying about the paris accords when they were first passed that they were toothless, not going to make a difference. that it's really symbolism more than anything else. the person willie geist talks about this all the time, a friend of his one of the foremost climate scientists who came up with the theory of greenhouse gases, i remember him showing me the e-mail the morning after paris was signed, he said this is a bunch of bs, except he didn't say bs. he said it was absolute garbage. these were voluntary guidelines set. gene, the impact of

. >> reporter: apple and exxon moment said staying in the agreement would make the world more competitive, president obama said nations that remain in the paris accord will reap the benefits and jobs and industries created, matt. >> kenneth moten channel 6 "action news." >> a middle school employee in delaware has been arrested on claims she raped an under age boy. she admitted to having sex with the boy on multiple occasions. he was 17 at the time. brooks was charged with 4th degree rape and jailed in lieu of bond. >>> happening today, gram spanier will learn his fate for keeping quiet about sexual abuse agencies also -- abuse allegations against jerry sandusky. spanier failed to notify child protective service after the 2001 sex all assault of a -- sexual assault of a child in a penn state shower, he faces a maximum sentence of a year behind bars. >>> residents in bucks county are keeping word out that a business owner came face-to-face with a beer. he thought he saw his dog chewy at the door. >> i reached out to touch my dog and then that's where the bear was, i punched the bear in the

nancy: a crime alert in sterling , were a bank card skimmer has been found at a gas pump, on the exxonpacific boulevard and they airport parking lot. and look at this, prince william county police say a police impersonator was driving this truck. he had a pull somebody over last night when a real officer pulled up behind him. that is when the man got into his truck and sped off. officersou turns out the truck was stolen. the impersonator has not been caught. jonathan: a 7 on your side consumer alert for next minute rawhide recall. had group says that all of the brands of the screen are covered under the recall. rawhide was treated with an industrial cleaner that can make your dog sick. there is a complete list on our website, wjla.com. steve: the daytime high today, 89 degrees. frontas before the cold moves through in the afternoon that trigger the showers and thunderstorms, even the tornado in montgomery county. dullesees at international airport, 71 manassas, fredericksburg 72. radar,tch 7 live doppler showers across extreme southern maryland. not amounting to a whole lot. another ho

citigroup, wal-mart, exxon mobile, urged president trump not to quit the agreement arguing participation would help. in the rose garden trump arguing the agreement is bad for the american economy. saying he is open to finding a way to make the accord more appealing. >> begin negotiations to re-enter either the paris accord or really entirely new transaction, on terms that are fair to the united states. >> the world reacting. paris city hall going green in support of the agreement. 61 u.s. mayors pledging to adopt,on paris accord commitment. president obama releasing a statement saying, trump joins a handful of nations that reject the future. >> but the leaders of france, germany and italy releasing a joint statement saying the paris climate accord cannot be renegotiated. the french president taking a direct shot at trump. >> make our planet great again. >> that unusual statement there in english from the french president. and, the u.s. president is also getting backlash from governors, calling a group of governors calling his move insane and deviant. >> hillary clinton reacted on twitter

. >> exxon and others calling for the west to remain in the paris agreement and for pledge. -- fulfill its pledge. it is really clear that whatever the decision of trump is in the coming minutes, he will be isolated from all these networks. from all this action happening in the united states. that's what we have seen on other issues. things that are difficult to pass in the u.s. and we see action and resistance going around the country. >> you looked at how industry is adapting to environmental imperatives. what is your take on the fact that industry will make those regardless of whether donald trump and other world leaders adhere to the paris accord? say the economic tippining point has been reached and it makes good economic sense. there are others that still consider it slightly risky. but if we take the example of investingwas heavily in power plants, they scrapped plans for 100 and announced 300 and $60 billion in green technology, namely solar and wind. to take that on face value, it seems china is making a bet that it will be a wise investment to consider a newell bowls. and wha

you've got rex tillerson reportedly, the former head of exxon, who is the secretary of state in thisinistration, who is saying there's no reason to leave this thing. and the president, 22 gop senators and some folks in the white house get him to pull out. >> yeah. it is amazing, isn't it? i mean really the business community was looking for certainty here, looking for a path as to the future, and now we've basically introduced confusion, i think, by withdrawing. but the thing that is startling to me too, chris, is this language of grievance, as though the united states is somehow aggrieved, which is completely inconsistent with the idea that america is the most wealthy country in the world. >> yeah. you're right that basically the framework was that paris was essentially an elaborate conspiracy by 190-plus other nations against the u.s. solely, and part of that, dan, was he was making an argument about fossil fuel ex-traction, basically saying it is costing us all these things and screwing us uniquely. and we're going to bring back coal if we get out of this. you're someone who liter

he was a supporter when he was the ceo of exxon mobil.estingly shareholders et voted for the tires that the the 60% should be for more open about the dangers and risks opened opened seesed to the company. bp, congo, they basically feel, wolf that they have a better opportunity with them sitting at the table we global table and participating in the conversation of lowering fuel emissions around the world, that ultimately it benefits their bottom line. the ceo of bp in st. petersburg russia said we have to transform the word to lower cashen emission forms of energy. interestingly i thought it was enough lloyd blank fine the ceo of goldman sachs just issued his first tweet saying today's decision is a set back for the environment and u.s.'s leadership position in the world. interesting and ironic, obviously wolf given the amount of attention dedicated to goldman sachs in the role some former are employees played gary cohen was present in the ceremony. >> we have some live pictures coming from paris right now. you see the new president presid

. >> the ceos of exxon mobil, dow chemical and tesla urge trump to remain in the agreement.lon musk threatened to quit white house advisory councils he sits on if the president pulls out. he tweeted we will have no choice but to the park councils in that case. other ceos have called on trump to stick to the climate deal. they are afraid of the negative consequences of nonparticipation. >> let's get the reaction from wall street. standing by, what are traders making of the plan to pull out of the climate agreement potentially? >> we had some surprising and not so surprising reactions. we had stocks from solar companies, from renewable energy firms trading to the downside at coal stocks they suffered quite a bit. the fear is that if only the u.s. gets out of the paris plan the reputation of coal may suffer further. general were hoping to promote for clean coal as much is possible. if donald trump were to decide to get out of the paris agreement it could be a lose lose situation for the broader u.s. economy. >> what will that mean for the industries? surely companies are trying

and even major companies like exxon mobile, shell, wal-mart embraced it. >> critics say the deal is too rigid and will cost american jobs. sources say the president is listening to both sides. and nothing is final though until that announcement. cecelia vega at the white house. >> reporter: president trump said he is class to making that much anticipated decision. >> behind the scenes, sources tell abc news, the president is likely to pull out of the landmark deal. inside the white house, feverish last minute negotiations on both sides. chief strategist, steve nonpushing for withdrawal along with 22 republican senators. daughter ivanka pushing to stay in the deal. big names like apple, tim cook, and elon musk, calling to lobby trump too. musk threatening to resign from advisory councils if the president backs out of the deal. that was president trump on global warming during the campaign. aide now say his views are evolving. if the u.s. withdraws from the climate accord, it would join the company of nicaragua and syria which haven't signed and create a test for already strained relation

i don't think energy is investable until exxon bottoms out. don't think it has yet. >> i think you can put it together with the jobs data we had. if you look at the average of the jobs over the first three months of q-1. the ism number this morning was disappointing. and the bank stocks here, to me, i think is a big problem. >> and the curve. >> and he's back. >> we left the door open. >> sorry, guys. >> this narrative is pretty straightforward. >> now we have no more time left. thanks. >>> still ahead, the best drug ever. so why was the stock down 10% today? meg terrell sat down with him earlier and will bring those comments. >>> casinos and whisky and smoke. the day in the life of don chu, with a very sinful report. dom? >> all right, guys, sinning is winning at least when it comes to these stocks. coming up after the break, we're going to tell you why it's good to be bad in some of these stocks, doing a heck of a job along with this. stay right here. "fast money" returns right after the break. and packages. and it's also a story about peopl

chevron, shell and exxon. you have china and russia all on the same page when it comes to global warming, which was the underlying premise of these accords. if you read in the beginning of the accord documents, it's about their mutual recognition of everybody except syria and us that global warming, greenhouse gases have to be addressed. what does it mean that none of the advisers so close to the president on this decision will even acknowledge having talked to him about whether or not he believes in global warming? >> i find that odd. obviously donald trump said during the campaign or in prior that he believed climate change was a hoax. that's his words. >> created by china to steal our jobs. >> that's right. they have steadfastly refused including kellyanne conway this morning to engage in any conversations saying you have to ask the president. if they're smart, they're understand that engaging with this question, particularly if donald trump is going to say anything similar to it's a hoax created by china,

thanks to american funding and expertise from exxon mobil. the tiny gulf state with fewer than 3 million inhabitants satisfies almost 30% of global demand for liquefied gas. qatar has the world largest gas field which it shares with iran. and it boasts the w world's most modern liquefaction plants. if qatar continues a avoiding te suez canal, the delays could cause supply shortages, pushing up the price of liquefied natural gas. >> it quick reminder of our top story this hour. britain's prime minister says she will form a minority government that will lead the nation through brexit negotiations. a shock election result. the conservatives will rile support from the democratic unionist party. this is the debian is coming to live from berlin. as always, more on our website. thanks for watching. i will see you soon. these are our top stories. the british prime minister theresa may loses her majority in parliament but she resists pressure to resign after a high-stakes election gamble, which didn't pay off. a fresh leadership crisis. a verdict in a