eunice yoon, thank you >>> to the big corporate headlines in the united states bertha coombs is back reporter: dom, a number of companies taking steps on masks and vaccines following the recent rise in covid cases starting tomorrow, disney's domestic theme parks requiring all park goers to wear masks indoors regardless of vaccination status similar for apple. josh lipton reporting that the tech giant will require vaccinated and unvaccinated customers and staff members to wear masks in many of the u.s. retail stores. twitter is closing the san francisco and new york offices effective immediately amid the surge in covid delta variant cases. social media company only reopened offices in both cities about two weeks ago. >>> google is delaying the return to office plans until october. google and facebook will require u.s. workers to be vaccinated against covid before returning to the office. this is going to be the big debate here going into the fall, dom. require vaccines or proof of vaccines or testing and do you bring people back? >> not just a debate a variable bertha coombs, thank you

bertha coombs is here. good morning, bertha >> good morning. j&j says the single shot covid vaccine shows promising signs in a lab study of protecting against the delta variant. in testing, the company said the shot triggered a strong immune response how well the j&j shot fares has been closely watched by health authorities around the world shares right now flat. up about .60%. >>> and business as usual despite the fiery comments from xi jinping the u.s. will do everything we can to make sure our u.s. companies are treated fairly and able to access the chinese market adding that the u.s. will make sure quote the chinese play by the rules and protect i.t. >>> and chinese billionaire jack ma is pledging huge chunks of the stake in alibaba in exchange for significant loans from investment banks according to documents reviewed by the financial times two men made their pledges to ubs and credit suisse and goldman sachs and others in an effort to unlock large swaths of cash tied up in the shares in share pledges, banks accept stock as collateral for

. >>> we will get back to the markets and your money in a moment right now, the top headlines bertha coombs is here with more on the tough talk from china's xi jinping bertha, good morning >> good morning, brian xi jinping offering tough words on his country's resolve to stand up to foreign pressures. xi laying out the remarks at the celebration of the ruling communist party. xi saying they will not accept sanc sanctimony preaching the remarks coming amid joint military exercises with u.s. and japan over rising tensions with china and taiwan. >>> shares of didi closing up 1% yesterday after spiking 29% at one point. the stock closing at $14.14. it gave it a market cap of $67.8 billion. the biggest u.s. ipo of the decade didi shares up 9.4% in the pre-market >>> it is krispy kreme's turn today. raising $500 million of the ipo. pricing shares at $17 a piece. that is below the $21 to $24 range it set earlier crkrispy kreme's ceo will have more on this coming up on "squawk box. brian, that company coming amid the busiest week for ipo with 20 entering the market. busiest since 2000 the last time

i'm bertha coombs from cnbc with your headlines on some business world. right now wall street looking like we are set for a mixed open after stocks fell yesterday. the dow, nasdaq and s&p 500 all snapping a five day winning streak. despite that dip the indices on the space to end the month high we are the s&p 500 leading up about 2.4% for the month of july so far. this morning you're going to be watching for the federal reserve as they wrap up a two-day meeting. we'll get a decision from them later this afternoon. not expecting to see any move on interest rates but then the press conference by jerome powell is the main event. folks will be watching to see whether the fed will start to pull back or has a better idea to pull back on the emergency supports they have been doing during the pandemic. we are also watching earnings this morning. good results from boeing, pfizer better than expected, mcdonald's as well. we are waiting for facebook that afternoon and ford. meantime apple reported blowout earnings after the bell yesterday that were well above analys

bertha coombs is back with those. bertha, what do you have in round two?man jay powell will speak before the senate banking committee. powell telling house members the economy is quote, a way off from where it needs to be for the central bank to change its policy he adds inflation increased notably, but continues to maintain due to temporary factors. >>> shares of avast surging after the word it is in advanced talks with norton-lifelock that potential deal could be completed this month according to reports the move could help norton which deals with consumer cyber safety expand focus in consumer software. shares of norton lower on that development. >>> speaking of cybersecurity. the biden administration is weighing new steps to combat the growing threat of ransomware attacks. the white house is set to announce a task force on the matter those reports say potential moves being weighed include launching counter attacks on hackers and crackdown on the use of cryptocurrencies in the attacks through more rigorous tracing of proceeds paid to hackers. brian. >> b

worst week since march 19th oil is a key focus for traders >>> let's get to the top stories with bertha coombsing, dom intel is in talks with foundry for $40 billion. this is according to the wall street journal the move would turbo charge the intel plans to boost chip output and the largest acquisition ever the deal is far from complete and global foundry could proceed with the planned ipo. >>> jack dorsey is announcing the new square division focused on financial services with the primary focus on bitcoin the series of tweets yesterday, the ceo of square and twitter said like square's new bitcoin hardware wallet, the development would be completely open open road map, open development and open source. the new business will combine the efforts of cash app seller and title in the same bowl of decentralized finance. >>> canada will allow cruise ships to operate in november if operators comply fully with public health requirements the move coming earlier as the country earlier banned cruising through february of 2022. >>> and wall street could close markets for juneteenth starting in 2022. the s

bertha coombs is back with those. of senators negotiating the bipartisan infrastructure package say they are on the brink of finalizing a deal a major dispute over how much to spend on public transit is holding up that agreement. senators say democrats want 70% of the funds for highways and 20% for transit. republicans want less than 20% to go to mass transit. lawmakers necesgotiating the pln hope to push forward with the bill in the coming days. >>> rivian is planning to build a second factory in the u.s. the electric vehicle start-up is early in the process of scouting out locations. the amazon-backed company has one facility in illinois where it plans to start production on its debut models this year the move comes as other car companies accelerate their shift to electric vehicles >>> and the nfl is out with a warning to teams over the new season and covid protocols in a memo obtained by cnbc, the league has informed team executives and head coaches it does not plan to reschedule games like it did last season due t

>>> to covid-19 concerns new concerns over the delta variant from top officials from the cnbc bertha coombs is here with that and your other top morning sto stories. bertha, good morning >>> good morning, dom. the delta variant appears to cause more severe illness than earlier variants of the virus and spreads as easily as the chicken pox. documents reviewed by "the washington post. vaccinated individuals infected with delta may transmit the virus as easily as those unvaccinated a higher risk of hospitalization and death among older people regardless of vaccination status nbc news has reached out to the cdc for comment. >>> to disney. the company firing back at scarlett johansson saying there is no merit to her lawsuit alleging the studio breached its contract with her when it offered "black widow" on streaming at the same time in theaters disney says there is no morerit whatsoever the lawsuit said the due release strategy reduced her rights. >>> and jon moeller will become the new ceo of p&g moeller worked on the consumer goods company since 1988 when hired as a cost analyst for the food p

a trend we saw about the same time last year bertha coombs with the key headlines, bertha? >> reporter: continued disruption, brian. good morning the marina biased sands casino is closing for two weeks for a deep cleaning. the move after a covid cluster at the las vegas sands owned property look at this chust lvs down 9%. mgm off 7% trending lower this morning as well sands china and galaxy down in hong kong trading. shares of bhp jumping in asia. the company announcing it will supply tesla with nickel that is a key raw material used in electric vehicle batteries. >>> general motors will halt most of the pickup truck production next week the automaker forced to make the move with the chip shortage. consulting firm estimates it will cost the global auto industry $110 billion in revenue this year. gm will get back to work the first full week of august. it is not a huge slowdown, but it's amazing >> it is you look at the local car dealership lots. they have cars, but not as many, bertha you talk to people and say where are all the cars you say it is because they can't get the

i am bertha coombs with cnbc. federal reserve decided to stick with its policy of low interest rates and it's not cutting back on the government bonds its buying each month anytime soon. focus today, we're waiting on reports of weekly unemployment claims and pending home sales and the first look at second quarter gdp or economic growth. plus, we're getting earnings from comcast, the parent company of nbc universal as well as merck and amazon this afternoon. an customers and employees to we're seeing a lot of the delta variant surge across the country. apple is requiring their employees to wear mask in 45% of their stores nationwide. uber eats delivering flowers. uber expects to roll the option out nationwide by early next year and that will help markets out just in time for valentine's day, i think. and so guys if you need that last-minute bouquet, you can get it delivered via uber. >> it will come in handy when i send flowers to myself. >> huge bouquets. >> and they are beautiful, >> you can send them to me. >> y

i'm bertha coombs from cnbc. wall street set is to open lower on this final trading day of july. stocks were mostly higher yesterday with the dow up about 150 points after briefly touching a fresh record high. the nasdaq slipped, though, hurt by a 4% drop in facebook shares after the company's earnings disappointed. still, the dow, nasdaq and s&p 500 have had a pretty good month led by the s&p which is up almost 3%. in focus today, reports on income and spending, labor costs, manufacturing and consumer sentiment. on the economic front, in the meantime on the earnings front we're in the thick of it still. cate chevron, focus. >>> disney taking on one of its super heros says there's no merit to the lawsuit filed by scarlet johansson. the star of "black widow." she alleges the company breached her contract when it offered the movie on streaming at the same time as in theaters. disney said it complied with johansson's contract and the release on disney plus enhanced her ability to earn additional compensation on top of the $20 million they say she has already been paid. now the lawsu

i'm bertha coombs with your headlines from cnbc. wall street is set to open hire after stocks rallied for a second straight day. on monday the world seemed to be falling apart, everybody was worried about the fact we're seeing surging delta cases. all done. turning positive for the week. the dow jumping 286 points. the nasdaq and s&p 500 were up about 1%. again, wiping out all of monday's losses. energy was the top performing sector as oil prices have rebounded. focus today we're waiting on reports on existing home sales and the number of people filing for unemployment. we've heard earnings from at&t this morning, pretty strong. american airlines as well. southwest, intel, snap and twitter on tap later today. twitter meantime is experimenting with a new feature that let's users vote up or down on reprice to tweets. it's part of the social network's effort to gain more insight on what types of reprice users find relevant in conversations. for now the feature is only being tested on ios devices or apple devices. the number of down vot

i'm bertha coombs from cnbc. stocks are set for a muted open as wall street wraps up the first major week of second quarter earnings reports with a mixed session yesterday. we had the dow posting modest gains while the s&p 500 and the nasdaq slipped lower. a recent report showing a surge in consumer prices in june could be providing a bit of defense for those on wall street. janet yellen yesterday telling cnbc she predicts prices could continue to rise for several more months before they cool off. in focus today, we are waiting for retail sales data as well as earnings from the likes of charles schwab and kansas city southern. meantime, tesla electric vehicle registrations in california, the country's largest ev market, surging 85% in the second quarter compared to a year ago. that according to research firm crossel. more than half of these registrations were for tesla's mid-size suv the model y. an 18-year-old physics student, oliver damon, will join amazon's jeff bezos on a space flight yeks week along with bez

i'm bertha coombs from cnbc. here are today's top business headlines. wall street set to open higher this morning after yesterday's rally, stocks clawing back after monday's losses sparked by concerns that we're seeing a rise in cases of the delta covid variant worldwide and that could hurt the global economy. after its worst day since last october the dow jumping nearly 550 points, looks like it's set to open up about 200 points this morning. yesterday saw the biggest gain in more than month. the nasdaq and s&p 500 rising 1.5%. yields on treasury bonds stabilizing after the benchmark ten-year note fell to the lowest level since february. in focus today we've got earnings from coca-cola, johnson & johnson and verizon, all coming in better than analyst estimates. meantime elon musk says that tesla will open its network of super chargers to other electric vehicles later this year. tesla has more than 25,000 fast charging stations worldwide. other automakers have formed alliances and invested in startups for charging networks as they rush new electric vehi

i'm bertha coombs from cnbc. and the june jobs report is going to be what is driving the eastern time. it's expected to show a strong pick with demand hike wages and offered incentives to lure americans back to the labor force. i actually saw a headline of a burger king in latrobe, pennsylvania, offering a $1500 signing bonus at a burger king. forecast calls for more than 700,000 jobs to have been added to payrolls in june with unemployment falling to 5.6%. investors are also going to be focused very carefully on the average hourly wages for any signs of a big move there. labor is one of business's biggest expenses, costs, and spikes in wages can often foreshadow broader inflation throughout the economy. ahead of that yesterday we saw the s&p rising and ending at a record high for the sixth straight day. >>> apple is reportedly trying to do a flex work from home program for store employees, work remotely some weeks like handling tech support and online sales and in the store other times. apple's pilot programs wi

. >>> our bertha coombs is here with more. good morning >> reporter: good morning, frank. chinese bike sharing giant hello is formally scrapping plans for u.s.ipo becoming one of the first casualties on beijing's crackdown when it comes to overseas listings. the company is backed by jack ma's ant group credit suisse is expected to publish an investigation as soon as tomorrow detailing the breakdown that lead to massive losses related to archegos capital management according to "the wall street journal," the report would focus on the bank's risk management movement came in errors, judgment and concentrated positions could become public around the time the investment bank report's second quarter results which again are slated for tomorrow >>> walmart is taking a page out of amazon's playbook when it comes to web services. starting today the retail giant will begin selling its ecommerce technology which allows customers to buy items online and pick them up in stores to small and medium sized businesses on a subscription basis. walmart is partnering with adobe to offer the new

that's mandating the vaccine and miss, not seeing mandates yet from other businesses, scott >> bertha coombs tonight >>> russian hackers show no signs of stopping. president biden addressing that issue with president putin by phone today. what he had to say about the latest hack and what will happen if it doesn't stop >>> plus the president signing a massive executive order cracking down on big business what it calls for and why some critics say it goes too far. >>> and the u.s. breaks an all-time record for heat as the west coast gets ready to sizzle yet again. ♪ ♪ when technology is easier to use... ♪ barriers don't stand a chance. ♪ that's why we'll stop at nothing to deliver our technology as-a-service. ♪ to deliver our technology as-a-service. ♪ ♪ ♪ ♪ ♪ ♪ hey google, turn up the heat. ♪ ♪ ♪ any necessary action to defend americans from ransomware attacks. president biden later told reporters he made it clear russia needs to do more to prevent hacks. >> the united states expects when ransomware operation is coming, even though it's not sponsored by the state, we expect them to act and gi