ofhas been growing because amex stock repurchases.t sought approval for $4 billion worth of shares this year an additional $1.7 billion this year. shares of the largest duty-free retailer jumped today after a makerluxury goods bought a 5% stake. betting in changes of technology allow people more travel time. ducati is attracting private interest from private equity firms as owner volkswagen considers a sale. that is according to people familiar with the matter. ducati could be valued at more than a billion dollars. a sales process could kickoff in the next few weeks. cory johnson sat down with and the virgin sports ceo at an event in san francisco. branson said he may get back into the u.s. airline business months after alaska airlines said it would dump the virgin america brand. branson has tussled recently with alaska about how long they will pay royalties to use the virgin name. alaska merged with virgin late last year and this march said it plans to retire the brand in 2019. richard: they have said that they will continue to use v

amex, did you want to proceed at this time?assistant district attorney jennifer amex believes walker should go to prison for the maximum 75 months. >> sometimes the harm is just too great, judge. prison should be reserved for violent offenders, and in this case that is what ms. walker has in fact become. >> the prosecution asserts that a dispute over money is what led to the stabbing. >> to be clear, judge, the eyewitness to this incident indicated that the victim told the defendant that he wasn't going to talk to her and that he didn't owe her any money. that pissed her off because she wanted her money. she went away, she threatened to shoot him. when she came back, she again approached him, went up, slapped him. he slapped her back. that pissed her off. so she grabbed the large butcher knife where she had it hidden in her waist and she stabbed him in the gut. she severed his pancreas, his spleen, his liver, before the knife finally exited the back of his abdomen. she doesn't try to get him help. she doesn't wait for the cops

visa,nt, the set, amex, -- amex, mastercard. china does not give away things for free.t does not give away concessions easily. many of these things may well have been in the works for a while. wto had ruled against china in terms of financial payments, so they would have have to have made those moves in terms of allowing greater access. the beef imports were banned in 2003 as a result of a mad cow disease scare, so there was time about whether that was going to come on board anyway. that is a huge market for the beef industry. energy makes is interesting because if china can get their hands on this gas, that means they can diversify their energy mix. it looks like america's consumers are maybe getting a bite of some cooked poultry from china, maybe a bite of chicken nuggets, which may not be tear taste depending on where you stand on things. a debate here on the european market bloomberg's tom mackenzie joining us appropriately from in front of what was the bird's nest stadium in beijing. matt, very good time to be talking trade with the u.s. administration given all of

there's a reason i left out amex, kind of a combination of visa and capital one. mastercard very strong here. after spending a long time in purgatory u america's investors made a come back. rallying to a new multiyear high of 80 back in march. even as the company reported last month, i fell was much better than any investor feared. the stock jumped on the news, but then pulled back again, thanks to the negative pin action from the rest of the credit card space. so where do i come out here? i would stay away from capital one stocks until their credit stabilizes. if deutsch bank is right, if this is a rich versus poor issue, where the rich are doing just fine and the poor are defaulting in greater numbers, but if the problem is more broad based, then the whole group will be in trouble. american express included. so i'm saying you have to stay on the sidelines until we have more information, even though i want to recommend american express. that data from everyone in the space indicates that credit is indeed worsening in this country. but the more i look at these num

we ran into amex chairman and ceo who gave us an exclusive window into his business right now. >> astold you the first quarter was to be a very good quarter and we feel very good about momentum rebuilding. reporter: the meeting may be overcome at the fox business viewers are open for an event at 3:00 p.m. on countdown to the closing bell. sit in line with warren buffett, his vice chair charlie munger and bill gates, cofounder of microsoft. you won't want to miss it. i'll see you then. back to you in new york. cheryl: will see 3:00 p.m. eastern time. nicole: that the senior meteorologist jim is deemed is standing by with your forecast. in sports, lebron james and the cleveland cavaliers beat the toronto raptors in a marathon game. baseball communicates the 18 innings against the chicago cubs. did you stay up past 2:00 a.m. to see what happens? we'll have all the highlights. you are watching "fbn:am," your first look at morning markets and breaking news. ♪ you can talk to through legalzoom. don't let unanswered legal questions hold you up, because we're here, we're here, and we've got

mark: sticking with oil, mexico oil giant amex reporting its first profit yesterday after posting 17t quarterly losses since 2012 after cutting spending, reducing debt, and boosting refining, the company may be headed on the right path. alix steel is standing by with more. alix: i'm joined now by the pemex ceo jose antonio. thank you so much for joining us. >> thank you for you much for inviting me and thank you for having me on the program. alix: you had your first profit since 2012 now we have the devotee i wrote for six dollars per barrel. this is the story i see. everyone was expecting shell to be sustainable at $50. the news over the last week has been big oil names like pemex being profitable and sustainable production growth at $50. is that true? >> it is very difficult to predict the price of oil. in your introduction, you made it clear. i think what i can say about pemex, we've been working very hard over the last year to try to get pemex to a point where its finances are stable. i would say there -- they are stable. the results from yesterday are important results because t

>> i see three charges a day from my wife on my amex? >> it is crazy how much we spend.fundamental change. when amazon opens up a grocery store, not because they want to sell you groceries, because they want to know what you buy and when and what you need and how to use that data to better service you. the game will change, the industry, the world is changing, we'll see a lot of disruption in the nature of work. >> the divide is on one half people say there is always disruption from technology, the buggy whips are gone, the telephone operators are gone. and other half says, that's true, but this time it is different. the disruption from ai is across all categories. >> that's exactly right. i started feeling preseason 1982 when i was 6 months old. no. then i started selling local networks and then started streaming on .internet, then high definition and the first all hd tv network. so when you -- this is going to be more disruptive than the past 30 years combined and will come faster because we're starting to see such an increment and such a dramatic increase of processes

the one not on this list that you should look at, if you have an amex in your wallet, amex wallets arelist. >> jean chatzky saving us some money. good to see you. >>> tomorrow, ways to make money out of your clutter. >>> just ahead, zac efron. we talk to him about i )m ... ==vo== . e person is in cust >>> good mond morning. 8:26. one person is in custody, police still looking for others after san francisco police officers exchanged gunfire in the bayview district last night. police say this all began about 11:00 last night and that's when police officers were responding to a home invasion robbery on quesada avenue. police say when they got to the house they saw several people running from the back of the home away, one fired at police officers and the officers returned fire. police say that nobody was struck or injured and as you see right there, officers did manage to detain one suspect and then set up a perimeter to try to find the others. so far police have made no more arrests. as soon as we have an update we' we'll bring that to you. mike inouye is tracking residual slowing. >> it

the one not on this list that you should look at, if you have an amex in your wallet, amex wallets arelist. >> jean chatzky saving us some money. good to see you. >>> tomorrow, ways to make money out of your clutter. >>> just ahead, zac efron. we talk to him about >>> 8:26. good monday morning. let's get to meteorologist bill henley with your most accurate neighborhood forecast. >> dreary conditions at the airport. we have seen some rain. mainly dry right now. scattered showers in the area at philadelphia international. steady rain in delaware and south jersey. and the rain that's there, it's going to be spreading into the suburbs. you can see the next wave of rainfall getting ready to move into chester county. already starting to move into lancaster county. it's going to be moving into philadelphia this morning and staying into this afternoon. >> now let's check the roads with first alert traffic reporter jessica boyington. >> big delays on 95 around cottman avenue. from woodhaven road to the vine street expressway. average speed there down into the teens. big delays on 95 and also in

amex ex-dividend this morning. a whole bunch of socks this might.orrison is ex-dividend as well. go. stocks it generally ex-dividend on a thursday. matt. bank may be close to settling a u.s. federal reserve into how billions of dollars moved through the bank and out of russia. meanwhile, democratic lawmakers have asked the german lender to hand over its findings on the handling of the russian mirror trades as well as banking on -president donald trump. joining us to talk about this, alberto gallo, and bloombergs michael moore. why don't we start with you and you can tell us about these two separate issues and the fact that deutsche bank is paying off its third massive fine this year to u.s. regulators. the federal reserve is looking into this, but also the doj, and the doj is the one investors are focused on because that could be the biggest fine and the more consequential one given deutsche bank is already operating under a deferred prosecution agreement. michael: that is the one people are focused on through the federal reserve would certainly be

the one that is not on this web site, if you have an amex in your wallet, amex offers are super coupons find a list of what's there. >> thanks so much. good to see you. >>> tomorrow, ways to make money out of your clutter. >>> and just ahead, zac efron, we'll talk about "baywatch" and his surprising new role. first your local news. >>> good morning, 8:26 on this monday, may 22, 2017. i'm aaron gilchrist and melissa mollet is here with a look at your first four traffic. melissa? >> taking a look at the roads, this is a big old mess. 395 inbound here at crystal city had an earlier crash and we are just jammed. this rain isn't helping anybody. inbound 66 after marshall, left lane blocked by a crash, very slow inbound through manassas. all of the green showing you where rain is falling. aaron? >> we'll get a check on your forecast. all that green that's falling when we come back. stay with us. >>> it's a rainy start to your day all over northern virginia, maryland, and the district all rainy right now. temperatures are in the upper 50s to around 60 degrees. not going to see a lot of range d