as it got rear-ended by the box truck. the box truck immediately rolled on to its left side.ere were three occupants within the cabin of the box truck, a driver and two other passengers, all males. the driver and another passenger of the box truck were transported to the hospital with serious injuries and, unfortunately, one of the passengers inside the box truck did succumb to his injuries and was pronounced deceased. >> so, officer diaz, we've had conflicting reports. you're confirming now it was a passenger in the box truck that has died in this crash? because earlier we heard it was someone on the transit bus. >> that's correct, yes, it was a passenger traveling inside the box truck that was pronounced deceased. as of right now the reports we have are there were two passengers that were inside the bus that complained of pain on scene. however, they were not transported. as of right now none of the passengers inside the bus were transported. >> okay. can you give us any more information on the victims, the ones that are suffering serious injuries? you said adult males. do

were they something aunt jean collected off a cereal box?his grandfather, carl hench. >> he's a german immigrant and he works his way down through chicago and towards the ohio valley. >> he's chasing the american dream -- to own a home and start a business. carl's a butcher by trade, and by 1905, he's scraped together enough to open his own shop here in defiance -- the carl hench meat market. along with meats and sausages, he sells candies and other grocery items. was he successful in his shop? >> very successful as a butcher in town, very well-known. >> in 1909, he marries his love, jennie. they start a family and buy that dream home. by now, baseball has long established itself as the national pastime, and for decades, various companies have used baseball cards to sell their products. >> the first nationally circulated cards came inside packages of tobacco in the late 1880s and was actually one of the first opportunities for the average citizen to own a real photo. >> candy companies jump into the game, too. the so-called "caramel cards" h

now the box truck that's involved.its side at one point the passenger was trapped inside it's unclear if that's the person that did not survive still waiting for that confirmation. but we know that all of the passengers on the bus are okay they've been transported to another bus they've made it to them to their destination. so now the big problem is getting this box truck, a pride and cleared and of course you have to wait for the corner to arrive to the scene they have to do their investigation before they start moving things around this is going to be a major problem for people trying to get into san francisco this morning. using the bay bridge this leaves only one lane open on the eastern span before treasure island and this is what it's doing to your commute, folks stuck not even moving right now at the bay bridge toll plaza and it's going to stay like this for quite some time prepare yourself for major delays this back up already extends into the maze it's on to the northbound limits or west oakland. it's on to th

they were rear-ended by the box truck. the box truck then rolls over. they say that three people were actually in the box truck that were injured and one person who was a passenger is the one who passed away from the injuries. that is the new information we're getting as far as who passed away and what made this a fatal one this morning. they will have to clean that up. i coroner is dealing with this accident as well as this gas spill or this diesel spill that they have to take care of. 40 gallons on the bay bridge. they will have to take care of that as well. no eta as far as when things will clear out. westbound side as it is entering, cars are going over the bay bridge. they will approach the number of lanes that are still closed. no eta when things will clear up. it is two-fold as far as the issues they have to deal with throughout this morning, guys. >> yeah. quite the mess out there. thank you very much. our coverage of the big backup on the bay bridge continues. because it is recommended that so many commuters not try to get through this span but

was it a poop box?> but you can interchange it anywhere with the other word, right? >> that company will be a poop show for five years as they try to struggle -- >> i didn't realize they had to get all of the government approvals. >> it is a nightmare from hell if you wanted to dream up a place to go if you've been bad on earth, it would be to work at this company. >> paul, how many renaults have you got and how many are in the shop >> you know, i don't have any, but i do remember back in the 1980s when, you know, when they were in america through its ownership of american motors, they made the renault alliance -- >> that's what i had >> which was nicknamed in detroit, the renault appliance, by the way. >> that's what i had it was a white one, looked like a white box. >> yeah, it was. >> american motors and renault, that partnership made in heaven, or hell, or something. maybe you could put it one of those pacers or a gremlin. oh, my god i'm dating myself. what do you think, though, overall? is this goo

this is a crash involving a box truck and a bus. the box truck driver may have been inside and they issued an alert. the three right lanes are blocked. you can see traffic getting past some of the emergency lights. there is just to lanes open there. this will be a pretty big backup as you're headed toward the city. we want to show you what the bay bridge toll pllooks like because this is impacting it, as well. it is pretty much a parking lot and not even a carpool lanes are not moving quickly. give extra time. we'll follow this. we want to show yeah the south bay before we go. the only problem there northbound 280 to 880. a single vehicle crash. >> let's go back to the desk. >>> striking teachers and the district. it was tense after a school board meeting ended very abruptly last night. >> tell us what led up to all of that and what the move mood may be like today. >> reporter: teachers, community members and parents packed that board meeting and shouts and chanted and eventually the members of the board got up and left. watch this.

maybe 150 yards past where this box truck impacted the back of that bus. it is hard to tell, but there is sand running along in that furthest right hand lane where the fuel was leaking out of the bus. that is one of the issues that they wanted to make sure they mitigated here on the bridge, but, the bus is still on the bridge at this point. as you heard from chp, passengers on that bus reporting minor injuries, so that is certainly good to know. but of course, this turned into a fatal accident on the bridge, one of the people inside that box truck is dead here on the scene. we will continue to report on this as it progresses, and of course, allie will bring you all the latest traffic impacts. as you can imagine, it is making a mess of the morning commute. we are on the bay bridge, ktvu fox 2 news. >>> let's go right over to allie there are other commuters and other commutes being affected. >> yes, basically anybody trying to drive from the east bay into san francisco, needs to reconsider how they are going to get into the city. i would suggest, don't even

red phone boxes might be a memory.with the phone box, the shop next door with sweeties and ice creams, as kids we used to come up to the shop and get sweeties and that of thing. so if it started raining and we wanted a lift, we put a couple of coins into the phone and phoned them before we had mobile phones. even going back may be seven or eight years there was no phone signalfor miles, so the only way we had to contact our pa rents the only way we had to contact our parents if we needed them was to phone using the phone box. bt are giving communities the opportunity to adopt a red telephone box. there are 740 up for grabs across scotland and you can do whatever you like with them. cafe is, defibrillators, libraries, and here in kishan they have made a selfie box. it is good to see how many people come from all corners of the world so we get people from the united states, and china as well as local people. more recent phone boxes have power connected and in linlithgow a first responder‘s group is installing a potential

here he became an inspiration for africa's future boxing generation. i know it's a good inspiration to get them to boxing you know it's good to. get them out of this if the sport. when talk is by far the media's biggest city and the still growing fast every day young people like jeremiah moved from the countryside to the city since 2001 the population has almost doubled to more than 400000 inhabitants the majority of the. moved to ca to run a place with a difficult past 6 years ago the regime planned to turn in talk into a white city block city to in those what expropriated and forced to move 8 meters not soon this location was called. the place where people do not want to leave today crime and poverty rates are high and many young people struggle to find a job. is also home to jeremiah's boxing gym where he spends many hours of the day to the great joy of his train a n t tobias. stroker star. oh. boy oh boy. leave me here in the east the people that believe. soon i'll be the. world champion. windtalkers may not be the biggest city in africa but it's t

early-bird express bart bus that was rear ended by a box truck, the driver of that box truck did not survive. we have crews on scene still investigating and working to upright and clear this box trucks ost traffic is squeezing by in the 2 left lanes only here's a view of the traffic. i'm the toll plaza these folks are stuck in the back up and as you can see it's not a photo they are not moving it is awful right now with traffic backed up through the maze on to all connectors so definitely consider hopping on bart that's your next pets option or consider the san mateo bridge. if you come in from the shore freeway, there's a motorcycle accident and powell street there's another one at the buchanan exit. so that's not going to be fine. here's 92, this is one of your alternate to san mateo bridge. it is slow. but it's not terrible 30 minutes and growing from the nemitz over to the peninsula consider the 7 tail bridge instead of the bay bridge will talk about some more slow downs coming up in a bit john. >>well robin we've got this morning is a mix of a bit of cloud cover out there mostly

the box truck driver may be trapped inside. keep in mind this will make your drive on the bay bridge significantly longer than usual especially for this time of the morning. here is the toll plaza. when lights come on, they are on because of this problem. you can see even the carpool lanes are pretty slow and because of what is going on. that is east of treasure island where the box truck overturned blocking three lanes of the bay bridge. >>> here is the commute from tracy into the livermore valley. a bit slow on 205. no problems once you make it pass the ultima pass. >>> yesterday temperatures continued to climb a little bit, yet, they are still below board. normal 77. the city still stuck in the upper 50s, low 60s. oakland 66 was close within two. livermore 75. still 81 is average for this time of year. san jose 73. falling three short. some low clouds yesterday. made it tough. some of that burned off. san mateo coast, temperatures of the water very cold. 53. that is really cold. as long as that is there and there is an onsho

never sleeps, this is "squawk box. >>> good morning, everybody. welcome to "squawk box" here on cnbc we are live from the nasdaq market site in times square. i'm becky quick along with joe kernen and andrew ross sorkin. our guest host is ian shepa shepardson thanks for being here. let's start with the u.s. equity futures. things are slightly down nasdaq off by 36 points. s&p 500 down by 1.5. dow futures are up by about 9 points this comes as the dow has tracked four weeks in a row of losses take a look at what happened overnight in asia. the nikkei ended up by a quarter of a percentage point. the hang seng and sheng high lower. trading is taking place. there are red arrows taking place across the board the cac off 10%. italy, stocks off at 2%. if you take a look at the treasury yields here, the treasury market here in the united states, ten year is sitting just above 2.4% to 2.403. >> we have some news this morning and it's big google looking to hang up on huawei suspending key business activities for the company's future smart phones. this is a m

>> welcome to "squawk box" here on cnbc. we are live from the max market site in times square i'm becky quick along with joe kernan and andrew ross sorkin. let's get to today's top market story. of course, that would be trade president trump speaking at a rally in florida last night. he talked about his threat to raise tariffs on chinese goods as soon as tomorrow. >> by the way, you see the tariffs we're doing, because they broke the deal. they broke the deal. they broke the deal. so they're flying in the vice premier. good man but they broke the deal. >> the global markets continue to follow the trade fight very closely with u.s. equity futures at this hour under some pressure right now it looks like the dow futures are down 112 points. this is kind of a here we go again every morning when we come in the futures have been under pressure, but yesterday you saw the dow actually clouds slightly higher s&p 500 is down once again it's bun down five of the says last six sessions, and this morning it's indicated down by 14 points.

box. >>> good morning welcome to "squawk box" on cnbc.e are live from the nasdaq market site in times square. i'm becky quick along with joe kernen and andrew ross sorkin. u.s. equity futures are indicated higher after weakness in recent sessions dow futures indicated up by 60 points after closing down by 221 points yesterday s&p futures are up by 8 points s&p yesterday was down by 19 points the nasdaq up by 25 after losing 60 points yesterday. right now you are looking at the markets off of their record highs. major averages the dow is down 6.8% from its record high. s&p down by 5.8% the nasdaq off by 7.7% let's look at what happened overnight in asia. the nikkei was down by a third of a percentage point. hang seng down by 0.4% shanghai down by 0.3%. if you look at what's happening in the early trading in europe you will see there are green arrows across the board there. the dax is the biggest gainer of the three major averages up by 0.6% stocks are higher in italy and in spain with stocks in spain up by almost 1% look at treasury yields

there's a major accident involving a box truck and a bus we know that the box truck has flipped over on its side. it's unclear. what tom, bus is involved here but at one point the driver was trapped inside of that box truck that flipped over. so we do have bridge crew chp fire all on scene and this is blocking the 3 right lanes chp has issued a special traffic alert and of course the backup is growing we went from not even having a backup at the tolls to now major delays through the tolls beyond 8.80 and now it's spilling all the way over to west grand so consider the 7 tail bridge if you can to get to the peninsula and into bart delays because of this overturned on the bay bridge, 'll have more coming up on n the crime for morning news at 5. in addition to that still ahead. we have teachers. hold another round of negotiations with the new haven unified school district as they look at ways to help to end this teacher strike. and bart has a new warning for riders as they continue to see a spike in the number of cell phones things stolen from passengers. introducing my new spicy chicke

the opportunity to box at madison square garden, iconic venue in world boxing which has featured someer, lennox lewis. all weekjoshua's image and his name will be illuminated in neon lights outside the venue. he has achieved an awful lot in his career but does he feel he has finally arrived, getting the opportunity to box here in new york? i've still got a job to do first. the american debut is under way. and yeah, it looks like i made it. it's only until i capture my hand on that last title, get this win on saturday, that i can say i've actually made it. well, his opponent andy ruinunior also looks very relaxed, is expected to be a heavy underdog going into this fight, he is a late substitute as well. remember he is stepping in forjerome miller who failed three drug tests. but he believes he can cause what would be one of the biggest shocks in world boxing. things happen for a reason and the reason was for this mega fight, fighting against joshua. god didn't want me to get one belt but he wanted me to get three belts. so you know what, we are here, we are ready, we are mentally focus

so he got 20 more boxes back. >> after his testimony? >> another 20 boxes.ing through those and then this hard drive that had something like 14 million files on it. the majority of the files i do not believe were relevant. i don't know if he got through all of the files on the hard drive. he certainly went through all 20 boxes. >> and to be clear, that's all stuff federal prosecutors had access to because they took it during the raid. >> correct, correct. but they also had access to the nine boxes that had evidence of the checks. these are things that prosecutors were aware of. but if someone doesn't have a road map and someone to point them through the road map like cohen, they may not know what is significant. so, that is what cohen was arguing, saying, i have all of these new files and i can guide you through all of them and tell you what is relevant, what may be damaging to the president, what may be relevant to your investigations and that is why you need me to stick around. now, he had asked congressional investigators for a letter of support saying we

because the acoustics in this box are amazing. >> let me get the right pitch.) >> stephen: that's high. i like to go high tenor ). ( humming ) ♪ oh danny boy ♪ the pipes, the pipes are calling ♪ ♪ from glen to -- >> stephen: you don't know the words to danny boy! >> i don't. i don't. i don't know those words! >> stephen: you're not irish? no, that's probably proof i am irish. no real irish person knows that song. >> stephen:. ♪ turaluralura ♪ ( laughter ) >> stephen: that's too loud. you asked me to sing in a box and then criticized the volume. >> stephen: i didn't know how loud you were. i'm not criticizing, i'm describing. i say it with respect. you've got some lungs. >> yeah, i do. sometimes comes in handy in show businessness. ( laughter ) >> stephen: i'm a fan of yours? >> clearly not. >> stephen: i promise you i'm a long time fan of yours. >> first time. >> stephen: yeah, and i was wondering if i could get your -- ( laughter ) the oxygen, there's very little oxygens left in here. >> this is a box filled with carbon -- ( laughter ) i haven't been able to t

"squawk box" begins right now. >>> live from new york where business never sleeps, this is "squawk box." >>> good morning, everybody. welcome to "squawk box" here on cnbc we are live from the nasdaq market site in times square. i'm becky quick along with joe kernan andrew ross sorkin is reporting live on the uber ipo he is just outside the new york stock exchange andrew, go am. >> good morning to you we've got that news. i know we've got a lot more coming up, too, as well given the china news >>ed markets are anxious about what's happening railroad. >> let's talk about that really quickly. we'll get back to andrew in a minute take a look at the u.s. equities futures. even though the tariffs are, on the market at this point is down, but only by 35 points. dow futures indicated down by just over 35 points. s&p futures off by six the nasdaq down by nine. again, yesterday we did see some declines, but the dow was down by 140 points at the he wanted of the day again, a lot of concern, a lot of questions wondering what comes next, but the market has managed to kind of hold in there every day

world, new york this is "squawk box. >>> good morning and welcome back to "squawk box" here on cnbc,quare i'm joe kerning and andrew ross sorkin and melissa lee becky is off today dow down 10 points the s&p up over a point, now exactly a point. treasury yields have spiked -- well, they're below 250 yesterday. got up to 255 at one point they're 2.516 this morning >>> let's talk tesla right now because tesla shares are on the rise after detailing some capital raising plans. the auto maker filing to offer common stock shares 2.7 million. elon musk expressing interest of purchasing 42,000 for $10 million. tesla also filled in some details from an earlier filing saying it would offer 41.35 billion in convertible debt. all in all, tesla would raise $2.3 billion from these actions. jean munser will join us later this hour to discuss tesla's latest moves and try to break down what all of this means and that stock moving 5% higher this morning over what has been a wild ride for that stock. >>> dominic chu has a look at some of the morning's biggest movers and how we got here in this current m

there's an overturned box truck.wo people in the box truck but one fatal accident, one fatality in the box truck and then it rear-ended this bus, this transit bus. there are injuries for passengers on the bus as well. this happened at about 4:30 this morning. if sky 7 could zoom out it basically means that traffic is absolutely jammed in all directions approaching the bay bridge so you can see it's a crawl. it is backed up all the way into the maze and through the maze and all the freeways feeding to the maze on 880 northbound, 580 westbound, and also westbound 80 through berkeley is jammed as well with an accident there. a motorcycle crash westbound 80 at gilman. a lane may be blocked as well. waze is calculating delays of up to two hours heading to the bay bridge. this is what you'll want to avoid at all costs and consider alternates as much as you can. i want to also take you to the maps and show you what's going on so we have everything backed up as you saw with sky 7 as well. crawling, heading towards the scene,

small pool of films unbelievable story in the north american box office and the global box office, universear julia, thanks. that's going to do it for us have a great long weekend. see you tuesday. let's get to the judge >>> carl, thanks, i'm scott wapner the long road to nowhere that's how it's been for stocks which are now barely above the level they were at the end of january of 2018. so, our question this hour is this is a breakout finally in the cards or are we setting up for another december-like drop it's 12:00 noon, this is "the halftime report. >> announcer: breakout or break down today the halftime investment committee debates the next move for stocks noted market watcher ed joins the team today he's saying the market's problems go deeper than trade. what else is there to fear all four f.a.n.g. stocks, facebook, amazon

>> welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernan and andrew ross sorkin. let's take a look at the u.s. equity futures you have to see that things are relatively flat. this comes after an update for the markets yesterday morning. you did see big gains that came. you can see all of the gains we saw yesterday. there are changes in the policy with huawei, and some of the weaker policies actually making people think that there's more hope than trade talks ahead. ha. s&p futures by less than a point, and the nasdaq off by 7 lerts ta let's take a look at what happened in asia you can see that the nikkei was flat, closed by less than a tenth of a percent and the shanghai less than half a percent. the chinese ambassador saying the door is open for trade talks with the united states but they are in no rush. >> i don't want to talk about that i watched that interview we were talking off camera about it andrea, you should have seen this we got to get to lowe's. i'll tell you about it in a second with a stra

they sent me tons and tons of emails about these boxes saying, we still have them. we'll decide when to give them back to you. but as of now, rev, i have not received anything from those boxes, and now they're refusing to hand them over. >> now, so you don't know if these boxes were handed over to mueller now, but they could be looked at and viewed by congressional committees, and you feel there may be something in them? is that what you're saying, that would be of interest to them? >> if they did hand them over to mueller, they would have had to be in touch with my attorney, john phillips, or j. wendell gordon because, of course, i had correspondence and had to sit down for interviews with the mueller team. so they would have had to let my legal team know that. what's very curious to me is that as i stated, it was seven boxes of documents, and in my emails, they only referenced two, which leads me to believe that they've destroyed the other five. so, you know, it's par for the course with this administration. i believe i'm not the only one who's been subjected to t

here he became an inspiration for africa's future boxing generation. i know it's what inspiration to boxing you know it's good to. get them out of this if the sport. when talk is by far the rebias biggest city in the still growing fast every day young people like jeremiah moved from the countryside to the city since 2001 the population has almost doubled to more than 400000 inhabitants the majority of the. moved to ca to run a place with a difficult past 6 years ago the regime planned to turn in talk into a white city blocks you do in the us what expropriated and forced to move 8 meters not soon this location was called. the place where people do not want to leave today crime and poverty rates are high and many young people struggle to find a job. to tura is also home to jeremiah's boxing gym where he spends many hours of the day to the great joy of his train a n t nestor tobias. stroker. you both or you. leave me here in this big people believe me. to not be the. world champion. didn't walk may not be the biggest city in africa but it's the boxing cap

squawk box.he company's cfo is going 2to b joining us we'll have all the questions about this offering right here on the -- >> i thought we'd have to work on the pronouncer. i did not think it would reinout shackel. now you got to get it. they say shackel >> i think it's shake-el >> they don't know how to pronounce this you need an a-y then >> there was a video interview i went to last night to get the pronunciation. which it'll end up being the opposite >> oh, it is shackel they got it right. >> nonetheless, we'll be talking to him because this is a huge p ipo. >> you can't put it all on capitals >> you know who's going to be watching this? if you're an investor in starbucks, this is what you care about. >> how much is a cup of this coffee coffee should not cost $5 a cup. we're all paying it like we're lemmings like, okay, howard here's $5. what are the margins on that >> third place, man. it's going to the third place. it's the experience. you're hanging out together at this third place >> afte

kim kardashian has some serious beef with jack in the box.witter followers, almost as much as us, tweet says, hey, jack in the box are, i have ae serious complaint, but i won't fully put you on blast check your corporate e-mail inbox or send me aa dm with a direct person to respond to. it's still unclear exactly what happened, but kardashiansays the issue was something that she observed impacting other customers rather than a problem with her own experience or order. that's really interesting. i mean, that's a huge following, right, to -- >> this is a mystery i suspect some people will find interest in this story >> yes, certainly. i can't wait to see and hear what happened at jack in the box. >> dive in what do you think it was give us just a wild guess. >> i'm sassuming bad customer service. maybe somebody being mistreated. i would imagine it's not with the food i think it was a guest interaction. we'll wait and see >> but if you are kim kardashian, and you are jack in the box. >> has to be pretty bad for her to tweet that. >> you also prob

"squawk box. >> all right, good morning, everybody, welcome to "squawk box" on the cnbc i'm becky quickthis comes after the markets were down yesterday. the dow was down by more than 100 points, s&p futures down by 28 the nasdaq off by 100. all of these are continuing themes that we've watched the marketings roll around over the last few weeks again concerns over

"squawk box. >> all right, good morning, everybody, welcome to "squawk box" on the cnbc i'm becky quicklong with andrew ross sorkin things are under some pressure this comes after the markets were down yesterday. the dow was down by more than 100 points, s&p futures down by 28 the nasdaq off by 100. all of these are continuing themes that we've watched the marketings roll around over the last few weeks again concerns over china. things seem to have learned that it will be a long event. the zhang shy off more than 1 and a third% the nikkei is down by .6 of a% all as they continue to see the reverb racing of hauwei lack of a deal with the u.s. saying you can't do business with that. that is playing out if several other countries uk firms also saying they will not be doing business with hauwei, they use underlying u.s. technology in europe, red arrows across the board. the dax is off 1.8%. the footsie off by 1.3%. if you look at the treasury markets this morning in the united states, you will see that the ten-year here is yielding 2.3506%. we have fallen well below the holding ground wee s

stay tuned to "squawk box.at you. [ whimpering ] and from this point on nothing is going to be the same. raising a kid it's not easy. no, no, no. this way buddy. come on. no! gidget could you watch liam? it's like we're his parents. it's like you're the dad and i'm the mom and we're in a relationship. and this is our baby. [ laughing ] well... it's exactly like that! exactly! be the first to discover the secrets. at the fandango early access showing may 25th. ♪ ♪ don't stop doing what you're doing ♪ >>> still to come this morning on "squawk," the worst-case scenario why a prominent wall street analyst now warning that tesla shares could drop to $10 a share. that's only in the worst-case scenario, but we're going to explain in just a little bit. >>> also, this morning's other big stock mover, including retail names capitol and jcpenney both under pressure after quarterly results fell short and later, fed chair jay powell is warning about rising business debt we'll talk to famed economist art laffer and ask if he

i got a whole box of 14 of them.nnis match and there was one nearby and i saw it, oh my god. let's look at yesterday's s&p 500. >> you ate 14? >> no. ♪ ♪ it's more than a feeling >>> welcome back you're watching "squawk box" live from the nasdaq market site in times square. ♪ till i see marianne walk away ♪ >>> welcome back on today's wall street agenda, the adp employment report hits at 8:15 eastern time followed by manufacturing pmi and ism manufacturing. then the big focus turns to the fed. we're going to get the central bank's latest rate decision at 2:00 p.m. eastern. that will be followed by jay powell's news conference following president trump's calls yesterday for the fed to actually cut rates by 1% and ramp quantitative easing back up full comp of the fed's decision at 2:00 p.m. eastern time. in the meantime the u.s. equities futures at this hour look like they're up across the board. the dow has picked up ground it's now up by about 93 points s&p futures up by 10 nasdaq up by 61. >>> a merger of equals, i

box. >>> good morning, everybody.come to "squawk box" here on cnbc we are live from the nasdaq market site in times square. i'm becky quick along with joe kernen and andrew ross sorkin. we're watching the u.s. equities at this hour and it is not looking pretty dow future down by 243 points. s&p futures off by 28. the nasdaq off by 103. we did see the markets close up on friday even after some red arrows in the morning. last week was the biggest declines we have seen from the markets in the dow, the s&p 500, the nasdaq all down more than 2% for the month of may that's the first time we're seen losses for the month of may since 2012 obviously this doesn't bode well for what we've seen later. obviously people still reassessing with what happened with the trade talks last week and what happens next. overnight in asia, the heng seng was closed for buddha's birthday if you look at what else was there, the nikkei was down by 7% shenzhen composite down by just over 1%. in europe where there is some active trading taking place

>> business never sleeps this is "squawk box. ♪ "squawk box" here on cnbc.e are live from the nasdaq market site in times square. i'm becky quick along with joe kernen and andrew ross sorkin. our guest is joe terranova he is a cnbc contributor. >> i'm just glad he's here i'm excited on a friday. >> beautiful out >> we've already been talking about what's happening here. >> he's a guy that has a job >> the jacket and the pants? >> mrs. terranova matched, put all the shirt and tie combo. is that all you? >> sound asleep when i left. >> so she didn't all right. >> well, well done well-dressed man joining us for the morning. we have the u.s. futures yesterday's stocks were off pretty significantly this morning you're getting half of that made up for with the dow futures up by 136 points s&p futures up by 14 and then the nasdaq up by close to 40 points again, yesterday you did see stocks down by twice the levels you're seeing now. overnight in asia, take a look you're going to see that the nikkei was off by just over a tenth of a position. shanghai was relatively

to "squawk box" here on cnbc.e from the nasdaq market site in times square. i'm joe kernen along with andrew ross sorkin but just let me get to this quickly. i'm here but becky's in omaha with warren buffet we're going to get out there i'm he going to do this quickly, becky. >> big news. >> trump's been tweeting. >> big news. >> you know what i think, guys he's back to house money we're near new highs he's like, you know what -- >> push it. >> house money, here's -- here's the time to do it. first though, here is some breaking -- there's the news we're talking about. u.s. equity futures tumbling to start the week yesterday the president looked to turn up the pressure on china looking to hike tariffs from 10% currently to 25% he said they would impose 25% on $325 billion worth of chinese goods shortly. there's supposed to be a delegation this week this wouldn't happen until friday i'm not sure what's involved there. there has always been the worry that enforcement is going to be the issue, that the chinese will agr

so they will give you search results but they're below the box and up above is a box and the box just gives you the answer. when it comes to local search which it turns out is the most common thing people do in google 40 percent of all searches it's not so clear if i'm doing a search for a pediatrician in scranton pennsylvania what happens is google still bisects the page shows the organic meritocracy based information far down the page and pops its answer box up at the top but it's populating the box with its own sort of restricted set of information that it's kind of drawing from its own kind of proprietary sandbox these are just google's reviews that it's attempted to collect over the years users are habituated to assume the stuff at the top is the best but instead is just what google wants them to see and it looks the same and what happens is google is basically able to put its hand on the scale and create this direct to consumer harm because that mom searching for the pediatrician in scranton is not finding the highest rated pediatrician according to google's own algorithms and s

. >> $40,000 worth of meth found by a child inside a lego box.olice in south carolina say a woman bought the lego set at a thrift store in charleston and took it home to georgia. they gave the legos to a child who opened the box and discovered the meth. drug officials say the box could have been purchased in a storage auction before making its way to the shop without anyone questioning its contents. >> trevor: okay. i have so many questions. first of all, how did that kid know it was meth? ( laughter ) you're telling me there was some 7-year-old out there like, yeah, it's meth but it ain't the good shit. ( laughter ) seriously, this sounds like something that would happen in a movie. like it probably started out with some dealer who was like okay, go to the thrift shop, there's a box of legos on the third shelf on the right, the drugs are inside. they get there, it's gone. on the one side of town, where's my drugs, man? and on the other side, a kid punching his dad, where's my legos! i'm sorry, timmy, thought it was legos. shut up, go sell the me

>> yes. >> the two boxes that are marked 17 of 18 and 18 of 18, you never saw those boxes, did you? >> never have. >> if those boxes were there and they weren't there when your staff looked at them, somebody took them, didn't they? >> objection. calls for speculation and assumes that they were there. >> don't know they did not want those records properly recorded and digitized. they didn't want for the public to know that the district in the past has been way too soft on these polluters, they have not done their job of overseeing and enforcing. that's been an allegation that's been made by very credible consumer advocates, environmentalists who have been concerned about this organization for years. >> the agency won't comment, but this activist says -- >> this explains a lot and actually confirms a lot of what we suspected. >> reporter: a radio talk show host is an organizer for communities for a better environment, an industry watchdog group that sued the air district in 2001 over destruction of documents. a judge ordered the district not to destroy any public records without first

stay tuned to "squawk box. >>> welcome back to "squawk box" this morning take a look at futures we aren this morning after what's been a wild ride most of this week. dow jones up about 118 points, nasdaq looking to open about 48 points higher, s&p 500 also looking to open higher, about 14 points higher right now. >>> facebook's whatsapp has confirmed hackers were able to remotely install spyware on smartphones. whatsapp says earlier this month it discovered attackers installed the software on iphones and android devices by exploiting a flaw in the voice call feature it can be installed even if people didn't answer and the calls would disappear from the phone's log. it is reported it was developed by nso group its pegasus software can turn on the phone's camera and microphone and read data it's intended for governments and intelligence agencies to fight terrorism and crime, but human rights groups in the middle east have been targeted in the past. whatsapp issued a past for customers yesterday and is urging its 1.5 billion users worldwide to update their app as a precaution they are inv

one person inside that box truck was killed as a result of this crash. now, as you said pam, there was a golden gate transit bus involved as well. we can show perhaps just how far up that bus continued up the bridge there. you can see it in the distance there. clip and i had a chance to a co ago and there is significant damage to the left rear of that bus where that impact took place. we are hearing that the bus driver was on that bus, of course. there were some undetermined number of passengers. at this point we don't know how many passengers. some of the passengers complained of minor injuries, aches and pains. no one from the bus was transported. at this point chp still investigating this incident and for now they are treating it as a crime scene because it was a fatal incident so they have to start out as if this is a criminal investigation. we haven't heard there was any criminal intent but they want to start out on this as if it is a criminal invest fabal incident. what that means, a tremendous impact to the morning commute. you can see that the we

world, new york, this is "squawk box. >>> good morning and welcome back to "squawk box" here on cnbcre. i'm joe kernen along with becky quick. andrew is in atlanta today, speaking to some of georgia's top corporate leaders. we're going to get to him in just a couple minutes. first, though, let's get to the markets and talk about what we're seeing down significantly, 1%, 250 points on the dow, after president trump's latest threat, tariff threat this time on mexico you can see in addition to the dow being down 1%, the nasdaq is down just under 100 points it was almost over 100 for a while, and the s&p indicated down about 30. it will make may one of the worst months we've seen recently, but we did have december and november, so it hasn't been that long, but -- >> december the s&p was down by 9.2% the nasdaq was down by 9.5%. >> the worst this year. >> but yes, we've seen four straight months of gains all of the losses the market's talking about, 6% for the s&p, before today's losses, have all happened this month. so, that's why people are starting to sit up and pay attention. it pales

ends sunday. >>> welcome back to "squawk box.says the most direct route to higher profits is higher productivity that means replacing expensive humans sadly with hardware here to discuss what stocks will rise on this thesis, i don't know if i like this thesis, charlie smith. charlie smith is a portfolio manager, the chart we just teased before the last commercial break was honeywell i like the thesis if i'm trying to make money. i don't know if i like it if i'm the employee who's going to lose their fwigig. walk us through the thesis we do have honeywell on the screen, so maybe we should start there. >> good morning, andrew. it's been playing out steadily for 25 years, and i think the more we regulate, the more we get government involved in business, the more business recognizes that the expenses are where the people are and particularly in manufacturing you've got to find a way to not only beat regulation but compete and with honeywell, for example, they're becoming a software company. one of their businesses honeywell sbeg gait

this is "squawk box." >>> good morning and welcome back to "squawk box" here on cnbc live from the nasdaqo guest hosts for the last hour, former house majority leader eric canter is here he's currently vice chair and managing director and ken langone, president and chairman and co-founders of home depot. what's the name of that book -- >> "i adore capitalism". >> the name is "i love capitalism". >> an american story, though remember an american story. only in america. >> i'm with you. you know that. i'm the choir, you're the preacher. >>> futures indicated up about 104 points nasdaq indicated up 32, s&p up 11. treasuries this was weird yesterday who would have thought, down below 240 again on the ten-year, 2.386. but compared to germany, it's like you're rich >> but oddly the spread between 2s and 10s is steeper when treasury yields were higher. it's sort of an interesting tradeoff here. >> back steepening the front end. >> exactly. >>> few stocks move this morning. walmart posting mixed first quarter earnings results so the retail is adjusted quarterly profit 11 cents above forecast but

hollywood is betting that the summer sequel will be the secret toff boxe success.hose stories and more tonight on "nightly business report" for friday, may 24th. >> good evening, everyone, and welcome. bill is offhis evening. stocks rebounded after yesterday's steep sell-off, but it was not enough to save the ge major ave from weekly declines. this week investors were rattled by escalating trade tensions between the world's two midwest powerful economi and while some say the damage will be limited, the market seems to be gr more concerned that tariffs could hurt global growth which, i turn, could pinch corporate profits. today thoseer worries put on the backburner. the dow jones industrial average added 25 points, and the nasdaq was up 8 and the nasdaq was up 8 and the s&p 500 rose three. fr the week, all of the major indexesl. the dow now down for five straight weeks along as losing streak since 2011 and oil prices recorded their worst wee of the year, declining about 6%. mike santoli has more on the market's recent decline and what might come next. >> the stock m

box in the lipid games in a trio.s one of the boxers that took advantage of the rule that allowed pros to box there. it could be a tricky occasion for smith because he has got designs on facing saul alvarez one of the best pound for pound fighters in the world. likejoshua, pound for pound fighters in the world. like joshua, he pound for pound fighters in the world. likejoshua, he cannot afford to make mistakes and katie taylor kimmicha bit to make mistakes and katie taylor kimmich a bit of history. you hear the banging there as they continue to dismantle the stage. katie they are trying to win all four bells in the lightweight division, up against the lightweight division, up against the wbc challenge —— champion from belgium. katie taylor a decorated amateur, lipid champion and five—time world champion and also a six—time european champion and she has told me this is a moment she has waited for all her life, the chance to be the undisputed champion and she suggested it could be the biggest night of her career so far.

here's a close-up look at the box truck showing the damage frnsidhe that box truck. two of them are getting treatment are in major injuries. that third person, a passenger we're told, died as a result of the crash. three people in the transit bus coming from oakland reportedly suffered minor injuries but appear to be okay. >> it sounds like the bus was going slower boxy. how much slower, i don't know. >> reporter: chp will handle the investigation moving forward and will have to determine if this was a case of distracted driving and issue a speed difference or perhaps even a medical condition. take you back out here live as cars make their way going westbound on the bay bridge as traffic is back to normal following that early morning deadly car accident. now there was a trickle-down effect from this accident but b.a.r.t. tweeting out they had an increase of 4,000 riders through the trans bay tube as a result of the major backup. pete suratos, nbc bay area news. >> thank you. >>> if you weren't lucky enough to jump on b.a.r.t., certainly it did cause a lot of problems