. >>> and danone has adjusted its 2016 sales guidance downward. the yogurt maker has lowered due to aggravated conditions in spain along with weakness at the activia brand. >>> all right. well, bp has traded a 2% interest in its firm for a 10% stake in an onshore oil block in abu dhabi. the deal took several years to negotiate is worth $2.2 billion. that agreement is bp paying out cash and it makes the united arab emirates one of the single biggest stockholders in the london listed oil gas giant. >>> and vivendi denied it is planning to take over mediaset after upping its stake in the italian broadcaster. they told the italian newspaper that the move was not hostile and that vivendi has a long-term interest in media sets. vivendi's ceo said the company would launch the takeover bid had it wanted to, but he declined to comment whether it would do so in the future. >>> and praxair and linde are closing in on a deal for their $65 million merger. it could be announced as early as wednesday. initial discussions collapsed in september you might recall.

danone saying sales growth lower. it shrinks for a third year.by weak demand in spain and a revamp of the activita yogurt brand. we are keeping a close eye on monte dei paschi raising its 5 billion euros by the end of the year. guy: thank you very much indeed. cyclical companies amongst the biggest gainers in 2016, but is it too late to get in on the rally? a couple of chartier. -- a couple of charts here. this is the cyclical story as we start to price in the possibility of growth. what is interesting is you saw this starting before the trump presidency was confirmed. what was interesting is the bond market selloff started as well and whether or not actually this is something that has legs regardless of what donald trump does, we will wait and watch. people have rolled out of their bond proxies. it was an incredible copy trade. tried figure that out and to make that trade work. the trump aspect, does trump put it on turbocharge? >> it has already been turbocharged. good names falling 20% in six weeks. i personally think that rotation will carry

orraeli ambassador danny danon argued it will make a peace deal harder. >> by voting yes in favor of this resolution, you have in fact voted no. you voted no to negotiations. >> reporter: white house officials insist that mr. obama has been a friend to israel and point to a recent $38 billion military aid package, the largest in u.s. history. elaine, as for donald trump, he tweeted, after the vote, that ilings at the u.n. will be different once he's in office. >> quijano: margaret brennan in our washington bureau. margaret, thank you. the u.s.-russian relationship also figures to be much igfferent. e e president-elect and russian president vladimir putin have alternated between complimenting each other and threatening an arms race. barry petersen has that part of the story. >> reporter: parading their military might through red square is an annual ritual for the russians, and so is talking tough. and that's exactly how russian president vladimir putin sounded today at his annual press conference. "the russian federation is stronger than any potential aggressor," he claimed. putin's s

i'm marty gonzalez >> reporter:and i'm mark danon. we have team coverage of the fire this morning. kron fours will tran is at the scene in oakland covering the latest developments overnight. >> reporter: they just remove the 10th body of the overnight hours the talk with those employes department there is still recovering bodies of that number sure to go up as the day goes on. and we are at the command center you consider it behind me all the authorities that agencies are here with heavy equipment at the site and warehouse 0 m get right to the video. this fire started around 1130 on friday morning at the warehouse located on the 31st avenue and through mail dozens of people were inside the warehouse there was a party is also used by many artists what we have learned there are no sprinklers and the warehouse at the time they use pallas to make it may shift some cases it the second floor when the fire raced to the building many people are trapped inside that's why they expect the number to a co-op. many people still unaccounted for that guy to the building will be very meticulous for

israel's ambassador to the united nations, danny danon joins us next.happens to ivanka trump and her family on that plane yesterday? ridiculous, horrible for her. >> this is "the daily news." >> trying to travel with her kids. >> yelling at her. >> we'll have the story. "morning joe" will be right back. afoot and light-hearted i take to the open road. healthy, free, the world before me, the long brown path before me leading wherever i choose. the east and the west are mine. the north and the south are mine. all seems beautiful to me. but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one. with it, i earn unlimited 2% cash back on all of my purchasing. and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... which adds fuel to my bottom line. what's in your wallet? (toilet flush) if you need an opioid to manage your chronic pain, you may be sooo constipated it feels like everyone can go ...except you. tried many things? still struggling to find relie

danny danone is the israeli ambassad ambassador. >> good evening. >> your reaction to the vote? >> we are disappointed. we heard president obama saying the only way to promote peace in the middle east is with negotiations and not to adopt resolution with the security council. we asked what happened today. what changed? why the u.s. abandoned israel and allowed a shameful resolution to pass at the security council. >> republican senator tom cotton out of arkansas had to this to say. he says president obama is personally responsible for this anti-israel resolution. his diplomats secretly coordinated the vote. yet he doesn't have the courage of his own convictions to vote for it. do you think the president or the ak sdaks ccusations are out that secretary kerry pushed this? >> we heard from the administration they would support constructive steps to promote peace in the middle east. there is nothing constructive about this resolution. when you look at what the palestinians will do now, they will not come back to the negotiation table. they will continue to come back to the u.n. ask

i'm darya folsom.çááámarkáááÑ and i'm mark danon. çááádouble boxáááÑ lets go live now to san jose.ut of control. they were right in the middle of the freeway. then the bmw comes along, slams into both of them.

danny danone is the israeli ambassad ambassador. >> good evening. >> your reaction to the vote? >> we are disappointed. we heard president obama saying the only way to promote peace in the middle east is with negotiations and not to adopt resolution with the security council. we asked what happened today. what changed? why the u.s. abandoned israel and allowed a shameful resolution to pass at the security council. >> republican senator tom cotton out of arkansas had to this to say. he says president obama is personally responsible for this anti-israel resolution. his diplomats secretly coordinated the vote. yet he doesn't have the courage of his own convictions to vote for it. do you think the president or the ak sdaks ccusations are out that secretary kerry pushed this? >> we heard from the administration they would support constructive steps to promote peace in the middle east. there is nothing constructive about this resolution. when you look at what the palestinians will do now, they will not come back to the negotiation table. they will continue to come back to the u.n. ask

. >> and joining me now with reaction is israel's ambassador to the u.n., danny danone. for being here. >> good evening, kimberly. thank you for having me. >> absolutely. this is so important what is going on now and the relationship between the united states and israel is crucial. it is integral to world stability, and israel already has enough countries after them, surrounded by people that would like to see the end and the demise of israel, yet the u.s. doing this, issuing essentially a very crippling, inappropriate blow to israel. your thoughts? >> we have a very strong relationship with the u.s. and we appreciate that. we have the same values, we share the same principles, but what happened last friday at the security council was shameful. it was -- we were disappointed to see the u.s. teamed up with venezuela, senegal, malaysia, passing a one-sided resolution, a ridiculous resolution. when you read the resolution it says the jews cannot be in jerusalem, in the jewish quarter, in the western world, western side. we are disappointed to see the administration decided

that would be considered a referendum in a way on the danone at his asian policy.his already seen how drive has ashley impacted the economy. they forecast for october, november, december had to be revised down. we are hearing stories about farmers who can't sell. these effects have been taking place. modi is expected to talk about incoming plans. rishaad: thank you. record 392% gains. ♪ rishaad: let's have a look at the first word headlines. move saying it is time to on to bigger and better things after the u.s. punished rush for hacking the u.s. presidential election. the president-elect says he will meet with intelligence officials next week during russia rejects the accusation and says it has no choice but to respond in kind. north korean leader kim jong-un is said to have executed 140 official since he came to power in 2011. he says he ordered their deaths for disagreeing with him or failing to implement his policies. the total number of those executed is put at 340. oil is heading for its first annual gain in three years. crude also seeing its biggest for your

folsom.çááámarkáááÑ and i'm mark danon. çááádouble boxáááÑ lets go live now to san jose.l tran has an update on the crash. will? çáááwilláááÑ major crash on interstate 280 in san jose. çááádaryaáááÑ >> chp say the driver of this red car was driving in the legal direction, so she was driving in the southbound direction when a silver volkswagen headed in the wrong direction actually she was driving northbound in the southbound direction slammed head on into her car. they both spin out of control. they were right in the middle of the freeway. then the bmw comes along, slams into both of them. all three drivers taken to the hospital. the female driver was screaming when chp and the firefighters arrived. took them only about 20 minutes to get her out of the car. major injuries, but at last check, she is still alive. we got a chance to talk to chp live at the 5:00 hour. they were not surprised at first glance i thought that at least the driver of the red car died from this crash because it was so horrific. so bad that the engine of her car actually flew out of the car and was a

. >> i mark danon.obin winston watching the traffic problems on the richmond san rafael bridge. >> the accident is clear but the drivetime is awful. it has tripled the normal drivetime for 580 w. coming out of richmond heading into the north bay. it was an accident at the west and. as you can see it is backed up across the span. that goes through the toll. the slashdot looks -- this life shot looks like the crop -- cars are crawling. the bay bridge drive into san francisco not as bad. it's the usual crawl with heavy traffic coming out of the maze. 20 minutes from downtown oakland to fremont street.>> good morning everyone. let's look at the camera in time lapse boy what a day to forget my windbreaker. that's why it is shaking. joining us in helping the temperatures with the dry air move but not a lot for today. here's a check on what the winds are like. it's double digits around the bay. the only shielded area is around the south bay. napa is 18 and airfield at 20. they're being channeled in solano coun

bay area today. çááá2 shotáááÑçááádaryaáááÑ good morning i'm darya folsom. çááámarkáááÑ and i'm mark danonbay then gradually spread southeastward across the rest of the bay area during the late afternoon. expect the afternoon and early evening commute to be very wet along with gusty south winds. rain ends from north to south by early friday with some lingering showers possible over the coastal hills.this weekend will be dry with unseasonably cold overnight temperatures.sunrise in san francisco is at 7:18 a.m. sunset is at 4:52 p.m. çááá2 shotáááÑçááádaryaáááÑ thanks averi. and this morning there are concerns in pacifica over are concerns in morning there and this thanks averi.çááádaryaáááÑ çááá2 shotáááÑçááá2 shotáááÑ çááádaryaáááÑ thanks averi. and this morning there are concerns in pacifica over erosion after a sinkhole opened up over the weekend. çááámarkáááÑ and now more apartments are scheduled to be demolished after being deemed too dangerous to live in because of coastal erosion. çááádaryaáááÑçááádouble boxáááÑ kron 4's jackie sissel is live in pacifica this morning with the details

. >>> in other corporate news this morning, danone cutting its growth target below the previous forecasthting weakness in the spanish market and problems rolling out new branning for the activia yogurt in europe. and then a deal for bp with abu dhabi after years of negotiation. as part of the deal, bp will create new stock worth 2% of the market value and will be held by the abu dhabi government. >>> gearing up for a major court battle, and the latest on the fight straight ahead. stay tuned. you are watching "squawk box" on cnbc. what's critical thinking like? a basketball costs $14. what's team spirit worth? (cheers) what's it worth to talk to your mom? what's the value of a walk in the woods? the value of capital is to create, not just wealth, but things that matter. morgan stanley >>> 20,000 futures indicating a higher open as we head into the last trading week before the holidays. >> a tax battle roy al. face-off to the potential changes over the tax code under president trump. >>> and then the second best december opening ever, and we will tell you how much it broad in worldwide. th