. >> news alert on whirlpool and ceo. dom? >> the ceo is stepping down at whirlpool. this is again jeff fetic, who's been the ceo since 2004. is stepping down from his role he will remain chairman of the board, but relen quish the day-to-day management duties to mark bitzer, the current president and coo of the company. over the skeep of thing, it's up about 7% year to date, 9% over the past 12 months closely tied to the housing economy, one we've seen do well in terms of share price companies, but still, a big proxy. this case here, a long time ceo, long time operator of the company, a career man, has been there since '81. will remain chairman mark bitzer will resume the ceo role >> thank you in the news room with the news on whirlpool you like the homebuilders, the home space >> i do like the home space and when you look at whirlpool, it's flirting with those all time highs back to 2015, so it's around 217 or $220 still long palty kb homes, still long on that up in the high 30 p percents >> as we mentioned before, while amazon has crushed most of the retailers out t

if the trade commission decides in whirlpool's favor, it could recommend that the white house step in and put tariffs on the rivals' products. >>> jetblue may soon start to scan your face. the airline is testing facial recognition software in an effort to streamline the boarding process. passengers will step up to a camera, and the kiosk will compare the facial scan to the passport photos in the u.s. customs database. the system will start next month for flights from boston to aruba. >>> and innovations in technology is all the talk now at the annual invitation only code conference. it was created to bring together some of the biggest names in business to discuss the future impact of digital technologies. julia boorstin talked with the head of netflix about his business and where the industry is hea >> reporter: netflix has grown to over 100 million subscribers around the world. but it faces more competition than ever, as amazon and hulu invest in original content and youtube and others launch streaming services. of all these rivals, reed hastings tells me he's scared of amazon. >> th

we'll be speaking to a corporate vice president at whirlpool — which owns hotpoint. main stories on bbc news at five... theresa may defends her proposals on the status of eu citizens in the uk post brexit — after they were criticised by the european council president. i think we've made a fair and serious offer, to all those, confirming and giving reassurance to all those eu citizens living in the united kingdom. police charge 47—year—old darren osborne with terrorism—related murder over the attack outside finsbury park mosque. gary haggarty — a former loyalist paramilitary commander turned supergrass — pleads guilty to 200 charges, including five murders. and mark kermode gives his verdict on the latest transformers film — and other releases — in the film review at 5.45. our main story at five — detectives investigating the grenfell tower fire say they are considering a number of possible criminal offences — including manslaughter — after revealing that the cladding on the building has failed initial fire safety tests. scotland yard has also confirmed that the fire

whirlpool iseath continuing to investigate alongside the authorities. getting to the other stories we , the annual today rebalancing. if you look at these three averages roug russell is tracking, the 1000, 2000, and 3000, we are seeing an upward by but we have not seen a jump in volume. we will get to that other chart in just a moment. you can see all the real them -- three of them are higher today, but volume has not been seeing a boost. in fact, we're seeing declines in volume. chart brings back as the surge in volume, probably not until the end of the session. over the past several years, here is what the volume look like on the day we saw the russell rebalancing. in four the past five years, it ranked as one of the 10 busiest trading sessions of the year, however a lot of traders have position for it ahead of time. that has mitigated the effect of the russell rebalance over the past several years. scarlet? scarlet: thanks, julie. we will pick up right where we left off. more on the russell rebalancing, we are joined by russell ceo mark makepeace. th

authorities say the fire was started in a whirlpool refrigerator.urer is conducting tests. at least 79 people died in the fire. frisch authorities have charged conspiringwith murder. darren osborne killed one person and wounded several others. the biggest ponzi scheme are in u.s. history says his problem was that he always wanted to please everybody. bernie made up was question in april as part of a lawsuit involving his investors. he also said he is not proud of what he did. he received a 100-year prison sentence for his crime. global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. i am courtney. this is bloomberg. vonnie? vonnie: thank you. the largest offshore operator is out with a report. we will speak with their chief economy next -- economist next. this is bloomberg. ♪ nejra: live from london and new york, i am nejra cehic. vonnie: and i am vonnie quinn. turning over to energy and oil again thiss moved week, june not turning out to be the best month for commodities. a barrel costing something

of whirlpool. that headline made me look at it, realize it's still cheap whr. >> all right, thanks so much for watching see you tomorrow at 5:00 adon" t o anywhere "m meyw "mad money" w j with jim cramer starts right now make you money i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now hey, i'm cramer! welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to save you some money. my job is not just to entertain but to educate and teach you so call me at. or tweet me @jimcramer if you listen to most commentators, every bull market is always one step away from the slaughterhouse, include thing one. every day is the last day of the bull it's been that way for as long as i've been following the stock market it's going to stay that way. just a fact of life. like when you get a daily today that repels the averages from double digit gains, dow dipping 62 points, s&p

analysis of what these numbers tell us, what it means in seeralia, and indeed as we -- ♪ rishaad: whirlpools renewing its claim that south korean rivals illegally undercut prices on washing machines, and it could involve the trump administration. it has filed a petition against samsung. song hasescribing some asreal violators -- samsung surreal violators of u.s. trade laws. based on the current market environment, the price of jet feel, air new zealand saying pretax earnings should come in $370 million. the revised guidance including a pretax gain of 16 million dollars was down to its sale of the stake in verge in australia -- virgin australia. to helpwanting berlin its new airline and the european union premier li can chang raising bc 919 during talks with china's angela merkel. it intends to challenge boeing and airbus. only flies airbus come up with the ceo said it would be foolish not to consider the new chinese aircraft. delta new blow to wells fargo, pending the bank from any new official business and from leading minister for bond sales, sales of bank to prove his track record of len

the manufacturer, whirlpool, is investigating. the insulation on the building have failed safety tests. at least 79 people died in the fire. president trump said his threat comey mayith james have had an impact. he told foxnews the former fbi director may have changed his story to say what happens and it reiterates he do not take the meetings. the president race the possibility there will does raised the possibility -- raised the possibility there was surveillance. according to an official involved with the discussions, qatar was given a list of 13 demands aimed at ending a three-week diplomatic standoff. qatar was told to shut down the backzeera tv network, cut depomed ties with iran and cut back with the muslim brotherhood. qatar has 10 days to respond. global news 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries, i am mark crumpton. this is bloomberg. vonnie: mark crumpton, thank you. david rubenstein said asia is a bargain compared to the u.s. find out where he is putting has money to wo

. >> wonder if they're creating a little whirlpool and suck up all the little treats that people throwe water. like a drain, a toilet. >> or if this one was in charge and went around and see if you dummies would follow me and they did. >>> down in maui, trilogy excursions were out and look what they ran across, a turtle getting a little shell cleaning. >> i think this is a swim-through, because we pan over and there's a whole line of them. who come to this area to get cleaned regularly, they say. >> i kind of want a turret toll go up and it to go ding-ding! >>> they've taken it to the track. >> this is kathy listen behind the wheel at a race course in australia. >> but see what goes wrong. >> oh! >>> and who needs an oven when you live in arizona. >> we got ourselves some mini chocolate chip cookies. i'll take them and put them inside my car. >> find out if his baking method worked. grandpa!! got it! get everyday low prices on everyday essentials, targetrun and done. hdid you get that email i sente wyou...before you wake up. ... when life keeps you up... zzzquil helps you fall asleep i

. >> then you pull it up like a whirlpool and the other direction or you just do the first two like melaughter ] >> reporter: the look of it is so bizarre that it's being called alien yoga with videos of it going viral on youtube and social media. and some of those are not exactly coming from yoga masters. >> like when you stop doing it you can everything like come back into place. >> all dizzy. >> reporter: but despite its odd look practitioners say it has benefits improving core strength and digestion. so they are not thrilled it's become the latest trending oddity. >> so when i see the instagram it's just -- >> reporter: really? >> yeah porter: kind of cheap way? >> yeah. or at least like know a little bit of what you're talking about. [ laughter ] >> reporter: nali has been practiced for centuries so those who have studied are amused when it's treated like the newest thing. >> instagram is so with that i think we'll be seeing a lot of new yoga techniques. >> reporter: in emeryville, john ramos, kpix 5. >>> time now 4:52. coming up, we'll introduce you to the unlikely pair in need o

allow it to not be sucked into a whirlpool which is where things are headed right now but whoever ends up in power is still going to have to deal with an almighty mess the inflation is going through the roof. economies time king how to fix this. well first there needs to b. a political solution. and then second you need to think about reconstruction and reconciliation for the country. venezuela is on a long term path of transformation. and i think it needs to think it has a good chance of being placed in the right direction. but it's going to take quite a bit of time and even if there is a political solution to doesn't seventeen. on the. social crisis is going to continue at least for the foreseeable future michael a coffee thank you very much for joining me a pleasure. they're watching bbc world news america still to come on tonight's program the hero of the london bridge terror attack we'll hear from the police officer who was repeatedly stabbed. as he forced to help the victims. thousands of people have taken to the streets across india to protest against rising attacks on muslims a

owned by the whirlpool company.t they say there is no need at this stage for customers to switch off their fridge freezers. the government clearly wanting to very much stay on top of every aspect of this investigation and protect consumers. yes, clearly. and we‘ve just had a briefing from number ten. there is no update at the moment on the number of tower blocks that they suspect may have flammable cladding. again, we expect an update from dc lg later on today if there is an increase in that number. we were also told that local councils are being encouraged to make private landlords aware that there is the facility available to test cladding that may be on their buildings. so that is a sort of conversation that has been happening between local councils and private landlords in the last couple of days but they are not saying that private landlords should be testing their cladding to make sure they are flammable or not. ok, thank you very much. we have had a statement from whirlpool which owns the hotpoint model and i

you get the big whirlpool.and even a thunderstorm could pop up to our north with that system being so close by. for the moment. not much sheing up had in this area but i did want to show along with the frontal boundary we're seeing showers trying to come out of southeastern wednesday pennsylvania that mayr couple of showers i don't think these will hold up. tomorrow, spotty shower if we even see anything could still be around and i think temperatures will be a little warmer than today. >>> 77 for reagan, dulles 73. bwi 75. most will be in the mid to upper 70's again combination of sun and isolated showers, wednesday cooler, winds direction on wednesday out of the east. late tomorrow, we'll start to load up on clouds and thereby will be a lightly better chance, let's consult the futurecast doing a very nice job picking up on today. by entitlement to remember morning, you may need your sunglasses. we get into the afternoon and with the system through pennsylvania you can see where it pops a couple of showers acro

save up to 40% on major appliances like this whirlpool refrigerator only at the home depot. >>> the president the paris climate accord no matter what other leaders thinking. but take a look at this. this is boston city hall. it's all lit up in green tonight in support of the accord. let's discuss now. peter is here. cnn contributor hillary and contributor hillary and scott giles, assistant to george w bush. the president's speech today was incredibly polarizing. what is your reaction to what you heard? >> i think of the many things that we remember about his presidency, this is will be one of them. the question is which kind of future will we read it from? just relationship the newspaper what is happening in the arctic? this is a terrifying situation for the world, climate change. and if we are able to solve what will be one of the greatest struggles of our time, it will not be because of the united states, it will be despite the president of the united states. it is going to be tragedyic and sad. >> hear here is what the president said about climate change in the past and we will talk about

she lets vida know what she needs, and they help in many ways, such as providing state-of-the-art whirlpool physical therapy for people like this young man. he can barely walk because of a medical condition, so he can't work. vida's executive director in peru, olga baca, helped arrange transportation to get up to peru niñez in a vida truck so he can get therapy and get his life back. ♪ adam see is the executive director of vida usa, which is based in emeryville, california. >> everything has never been used, with the exception of the equipment. the equipment is lightly used. if it's broken, we don't use it. >> vida collects surplus medical equipment and supplies that would have been thrown away. major donors include stanford and kaiser. >> they don't want it to go in the landfill, so they have big green initiatives. they're counting how much tonnage do they -- that they're not sending to the landfill. >> vida usa volunteers sort and catalog thousands of donated items, which are then shipped to lima in containers. >> we shipped 60 40-foot containers last year. a 40-foot container costs us ab

. >> you churn it up like a whirlpool and then the other direction or if you are like me you just do first two. [ laughter ] >> reporter: the look of it is so bizarre that it's being called alien yoga. videos are viral on youtube and social media some of those not coming from yoga masters. >> you can feel everything come back into play. >> all dizzy. >> reporter: despite the odd look they say it has tremendous benefits. improving core strength and aiding digestion. so people aren't thrilled it's become the latest trending oddity. >> so when i see the instagram, it's -- >> really? >> know a little of what you're talking about. >> reporter: it's been practicing for centuries so some are amused when social media treats it like the newest thing. >> instagram is so we'll be seeing a lot of new yoga techniques. >> reporter: in emeryville, john ramos, kpix 5. >> not for me. >> you can't unsee that. that's the trick. >> that's the problem. >> it's dinnertime. [ laughter ] >> for news throughout the evening the latest is always on our website, cbssf.com. >> don't forget to join us for nightbe

it said the fire started in a whirlpool hotpoint freezer >>> south korean president watching the testnch of a ballistic missile that is being developed by the country's military south korea has been working to develop missiles with a range of 500 miles under an agreement with the u.s >>> french authorities are investigating the death of a fitness blogger hit by an exploding whip cream canister that was withdrawn from the market in 2013 the 33-year-old rebeck why berger zied sunday after the can hit her in the chest causing her to have a heart attack that is your cnbc news update for this hour now back over o "squawk alley. >> thank you very much appreciate it. let's get to the european close. >> haishgs mieuropean stocks see under pressure due to the bear market in oil prices consumer goods and health care moving lower as well meantime, there are some signs of slowing economic growth in europe the euro-zone coming in at 55.7 in june. that say five-month low. germany slipping to 56.1 france read 5g 5.3 but manufacturing activity was a bright spot. the year is experiencing best quarter

save up to 40% on major appliances like this whirlpool refrigerator only at the home depot.ow.de or saving on a refrigerator could give you chills. with memorial day savings never say never. get our lowest prices of the season. save up to 40% on major appliances like this lg laundry pair only at the home depot. ♪ >> anthony: another c-130. the big, gorgeous workhorse of the antarctic gets you to the ass end of the planet. where it's north every direction you go. bottom of the world. >> male pilot: so i like to say this is the biggest airplane you can do little airplane things with, sea ski planes or float planes and we're trying to do those same tes of missions with a c-130, which is unusual. >> female pilot: everything that built the station actually came on one of these c-130's. they had to build it with trusses and pieces that could fit in the confines of an lc-130. >> male pilot: it's a fun job, and it's important to scientists, it's fantastic. >> anthony: in just a few hours, we cross the ross ice shelf, fly up the beardmore glacier into the heart of antarctica the pola

. >> stephanie >> home depot, lowe's, stanley, black & decker, whirlpool all at highs and will continue to work. this is where the consumer continues to spend and i like them all >> fidget spinners no i mentioned inda the other day, e it tf i think we're at the part of the year people who have missed the em trade, and a lot of people have, everyone was selling last year. everyone's been under weight this year. i think they start to look at some of these markets that have been ignored and they start to pile in. this seems to be a really easy, cheap, fast way to get exposure. you should be in em, india is the best of the bunch. >> mine is starbucks, downgraded today. >> i added to it earlier in week they have easy comparisons they did a good job on the digital platform not seeing operating leverage in the next quarter but i think it's come. >> great seeing you. dow is currently up six points that does it for us. "power lunch" begins right now >>> sure does. welcome to "power lunch. i'm michelle caruso-cabrera. we have two breaking news stories this hour. first a shooting in virginia leavi

get this whirlpool washer and dryer pair for only $429 each at the lowe's "go fourth holiday savingss. cheese and sausage. and ready in seconds. [ blinds opening ] now you can enjoy the taste of a saturday morning breakfast... ted? ...even on a wednesday. new jimmy dean simple scrambles. find it by the bacon. we, the tv loving people, roooooaaar!!! want our whole house to be filled with entertainment. easy boy! but we don't want annual contracts and hardware. you scoundrel! we just want to stream live tv. and we want it for 10 dollars a month. (batman:raspy) wow. i'd like that in my house. it's a very big house. yeah, mine too. look at us. just two bros with sick houses. high five. directv now. a big streaming deal for $10 a month. it's entertainment your way. >>> while conrad truman sat in a utah state prison as well as we thought we did? >> no. >> reporter: he couldn't have killed her? >> not possible. >> reporter: so much about conrad truman's trial bothered his sister colette. but one detail in particular kept gnawing at her. it had to do with the diagrams used by the state depic

she lets vida know what she needs, and they help in many ways, such as providing state-of-the-art whirlpoolsical therapy for people like this young man. he can barely walk because of a medical condition, so he can't work. vida's executive director in peru, olga baca, helped arrange transportation to get up to peru niñez in a vida truck so he can get therapy and get his life back. ♪ adam see is the executive director of vida usa, which is based in emeryville, california. >> everything has never been used, with the exception of the equipment. the equipment is lightly used. if it's broken, we don't use it. >> vida collects surplus medical equipment and supplies that would have been thrown away. major donors include stanford and kaiser. >> they don't want it to go in the landfill, so they have big green initiatives. they're counting how much tonnage do they -- that they're not sending to the landfill. >> vida usa volunteers sort and catalog thousands of donated items, which are then shipped to lima in containers. >> we shipped 60 40-foot containers last year. a 40-foot container costs us about

company owned by whirlpool. the company issued a statement offering their condolences to the victims. government has ordered immediate testing of the appliances. overnight, london police revealed the building installation and exterior tiles failed safety tests. police are considering all criminal charges for the fire. every company that had a hand, the building's construction, will be looked at. >> many californians could see their health insurance costs rise under a republican senate bill. it's aimed at repealing the affordable care act. backers of the bill argue it will save taxpayers billions of dollars both here in california and across the nation. the gop proposal calls for major cuts to medicaid, which is called medi-cal here in california. tom llamas explains some of the proposals that lifts products popular with obamacare. >> you will not be penalized if you don't have health insurance. the flip side means with less people purchasing insurance, it increases costs. >> who will pay less and more on their h

but then you have whirlpool and gm up as well.bh i was struck by the comments from wilbur ross, the commerce secretary regarding the trade deficit with south korea when it comes to the auto industry a couple things to keep in mind. ier that occasionally from people, isn't south korea a closed snashgt why are we not selling more vehicles to them? it's not a closed market but a unique market where you're dominate bid hyundai, key yashgs the local players, gm owns another fwhp there and then you have boutique offerings. but it's a market where if you're not offering those particular smaller vehicles, you're not going to get very many sales so the big three have largely said with the exception of general motors, look, it's an interesting market we're not going to focus on selling too many cars there. where there is a trade deficit where i think the administration could make some hay, components. you do not seat same level of localization of components for korean automobiles from korean auto parts makers in the united states and in nor

we'll be speaking to a corporate vice president at whirlpool — which owns hotpoint.

at lowe's, we have appliances that fit your family's lifestyle, get this whirlpool washer pair for only $429 each at the lowe's "go fourth holiday savings event." . >>> the toxins is in the water supply of tens of thousands of people in north carolina. a chemical company has been leasing a potential cancer causing substance into the drinking water for 37 years. people in the coastal city of wilmington are furious about the discovery and the epa is investigating. a legal loophole may have led to decades of contamination. jericka, good morning. >> reporter: good morning. about 200,000 people from this region get their water from this river. now, further upstream dupont and its spin-off company manufacture chemicals at a very large plant here. residents are concerned whether those toxic chemicals are making their way into the city's drinking water. the t 2,100-acre property on the cape fear rink in fayetteville, north carolina. it're here where a chemical called jcal called genex has been making its way through. they co-authored a three-year study on the che

i'm seeing things that you put in your home like whirlpool and sherwin williams breaking out to new highs deere. you've got boeing and johnson & johnson. so i think it's in pretty good stead and surprisingly so, because usually we get the summer doldrums, so so far so good. neil: another thing that comes up with some of these technology stocks coming back is that they don't -- if they're concerned about tax cuts not happening, they have a funny way of showing it. so if it looks like the tax cut thing given the limited legislative days and/or the health care thing given the limited legislative days is delayed to a next-year event at the earliest, then what? >> heck to pay, simple as that. i think a big portion of what we've seen -- and it's by no accident, the day after the election the market lifted off -- is because of all that. we had eight years of the opposite not only on tax, but on regulations and just about everything else. so i really do believe not only markets, but business owners and the heads of major corporations are in expectation, are in planning for all this going forward,