jackie deangelis is live along the gulf coast looking at harvey's impact on oil and gas industries and we have a look at the storm's impact on the broader energy section let's start with wvit's caitlin mcgraw with the latest on harvey's path. >> reporter: harvey working its way into the texas gulf coast overnight. now seeing outer convective bands working their way into texas it was upgraded to a category 2 hurricane with sustained winds of 105 miles per hour to the south and east of corpus christi, texas. expe expected to make landfall late tonight and early tomorrow morning, right around the time of high tide here's the track it will continue to strengthen into a category 3 hurricane as we head through the day today making landfall as a category 3 with winds in excess of 1 111 miles per hour then it will stall out just enough of the hurricane in the gulf of mexico to fuel it and bringing rainfall of over 30 inches add on a 6 to 12-foot storm storm surge, we're looking at catastrophic damage. we'll bring you updates in just a bit. back to you. >> stay close. we will talk to you soon >

. >> we have full team coverage of this developing story in texas jackie deangelis is live in corpus christi, brian sullivan standing by in galveston first, let's get to nbc meteorologist angie lassman with the latest on the weather. the big question, whether flooding will persist. >> it will persist you see officials decided to open some of the dams, because we have so much more rain on the way. here's what's going on you look at the radar of harvey, you can see most of the rain, heavy rain band, torrential rain moving into areas of beaumont, close to lake charles. houston getting a bit of a break. good news for houston. we're not done just yet. here's what we're looking at as far as the track of harvey you can see it tries to meander further south, into the gulf of mexico continues to move north and east through areas of lake charles, houston, beaumont, all continuing to see rainfall if you look at the flash flooding, warnings and watches, really this catastrophic life-threatening flooding is no ending soon. 15 to 20 more inches through the next couple days really, we have until fr

. >> chris deangelis is an american lawyer who works with large technology companies in beijing.e says while americans argue about the science of climate change, the chinese are racing ahead. >> whether or not you believe it, this is where the world is going, right? you take a very sort of business focus on it. they see where this is going. the whole world is going down this path, other than the u.s. right now, right? and it's an opportunity for them to lead. it's an opportunity to generate jobs. so they're killing it right now. >> and it doesn't stop at solar panels. remember that race to build better and cheaper batteries to power electronic cars? chinese factories like this one are ramping up production so quickly that they will be making enough batteries here to power 1.5 million tesla cars a year. for all of musk's energy and innovation, he can't compete with china on his own. >> china's environmental policies are way ahead of the u.s. their mandate for renewable energy far exceeds the u.s. sometimes people are under the impression that china is either dragging their feet or

. >> chris deangelis is an american lawyer who works with large technology companies in beijing.e says while americans argue about the science of climate change, the chinese are racing ahead. >> whether or not you believe it, this is where the world is going, right? you take a very sort of business focus on it. they see where this is going. the whole world is going down this path, other than the u.s. right now, right? and it's an opportunity for them to lead. it's an opportunity to generate jobs. so they're killing it right now. >> and it doesn't stop at solar panels. remember that race to build better and cheaper batteries to power electronic cars? chinese factories like this one are ramping up production so quickly that they will be making enough batteries here to power 1.5 million tesla cars a year. for all of musk's energy and innovation, he can't compete with china on his own. >> china's environmental policies are way ahead of the u.s. their mandate for renewable energy far exceeds the u.s. sometimes people are under the impression that china is either dragging their feet or

jackie deangelis is live in corpus christi this morning. jackie >> good morning to you, kelly.hat's right here in corpus christi people are trying to deal with the damage suffered from the eye of the storm that came over the weekend. obviously, corpus christi is one of the refinery hubs on the coastal region but we know that three refineries here have been shut down and some of the refineries in houston, and other areas, as well in terms of capacity, you're talking about a little bit less than 50% of the american refining capacity here right now the estimates that about 2 million barrels are potentially offline. the issue right now is the flooding in houston but also the damage that we sustained here in corpus christi the power outages, as well, to run those refineries the second piece of the story is the port shut down corpus christi's port has been shut down since friday. the next piece of it, of course, is if the pipelines are going to be operational to be able to move around some of the supplies that are potentially in storage. there are a lot of moving parts to the oil and

i'm jackie deangelis at cnbc. motors is expanding its program which lets drivers rent cars by the week for raid hailing and other on nand servise demand services. it's launching in los angeles today and will come to washington, baltimore, boston, detroit and phoenix this fall. >>> drivers will rent cars through an app and get insurance and unlimited miles. with your cnbc morning business report, i'm jackie deangelis. >>> 5:55 right now. if you are thinking about getting a new job, you don't have to look much parts than the district of columbia. you live in one of the best places for people looking for jobs in the tech industry. in fact d.c. and baltimore both made the top five according to a relocation company cap relo. the company says seattle and san francisco have the most and d.c. and baltimore. toronto rounds out the top five. the report said there are 40,000 tech jobs in the district alone. the most obvious reason, our proximity to the federal government. that makes it easier to companies to get contracts. w

that's the very latest on hurricane harvey. >> now to jackie deangelis waiting for the storm. >> reporter: i can confirm as the morning progressed here this storm has gotten more intense. harder rain, stronger winds blowing through. you can see behind me the water is starting to surge the levels are rising a little bit. it's taking a little bit more toll as it comes up and washes along the beach. at this point right now, the mayor of corpus christi is a little bit under fire. people are wondering why he asked for voluntary evacuations instead of mandatory evacuations. last night we did he so people leaving town and seeing them leave all day. but there's still a fair amount of people here listen to what the mayor had to s say. >> when you trigger a mandatory evacuation, it triggers a lot of things particularly for the business community that really creates a hardship on a lot of people. >> reporter: it does trigger hardshipsbut some of the folks that we've spoken to have said safety first you have to take those precautions because we really just don't know what's going to happen here tonig

jackie deangelis is live in corpus christi, angie lasman monitoring the storm track at hq jackie, over to you first for an update. >> reporter: hi, there, sara it appears, at least for the moment, that the weather has calmed here and some of the dust is settling, but now there are a lot of questions with houston under water how corpus christi is going to get back on its feet, get power restored, get the plumbing going again some of these coastal towns were really hard hit over the weekend. we were in rockport. we spoke to some folks who were speaking to the solidarity of the texans and praying for those in houston, but we spoke to some who said we need help and we need it now. >> i don't think so. this is pretty bad if we're not first, i don't understand what's -- there's something wrong. it's devastated. >> reporter: and i can tell you firsthand from driving around rockport, texas, it was devastating. but remember, you're talking about a town of 10,000 people versus potentially a lot more stranded and in trouble in the houston area but in rockport, no power, no sewers working at this

jackie deangelis is in corpus christi watching the refineries, and brian sullivan is focusing on the port side of the story. we begin with brian. hey, brian >> reporter: hey, melissa. thank you very much. i can confirm that it is once again raining here the rain will just not stop. and there is nowhere for the water to go. we're south of houston, by far we're in texas city, which is where a lot of these major refiners are based let's focus on the ports because the galveston ship channel, which is the doorway to the port of houston. you literally, all the ships in houston have got to go through the galveston ship channel it is completely shut down it is not that far that way to us there is no, at least, word that we've gotten lately of when that will open. and there are many, many supertankers that are off the coast. the reason we care about the port of houston is not only because it's going to bring in needed supplies, but it's a national story, as well. according to the port bureau, about 1.2 million jobs are directly or indirectly related to the port. it does about $256 billion in

and as jackie deangelis tells us, opec's fractiousness is one of several reasons oil prices could head lower from here. >> reporter: several factors keeping oil prices under $50 a barrel at the moment. the first is jet another meeting of opec and non-opec producers in abu dhabi this week. the expectation is more conversations will be had regarding compliance with the group's production cut, and there's some speculation that revisions could be presented, though there's been nothing other than chatter just yet. also, one of opec's most hurt producers, that's libya, seems to be making some strides in coming back online. one of its largest oil fields seeing a rebound in production triggering a little bit of a selloff in oil. meantime, the traditional summer driving boost came a little bit late this season and in just a few weeks, support for oil prices from this factor will dissipate. every september, crude prices drop when people drive less and demand resumes in normal pace. all of this happening as the u.s. is producing more oil as well. currently, a little more than 9.4 million barrels

for "nightly business re i'm jackie deangelis, corpus christi, texas. >> with the severe flooding along parts of the gulf coast, the price for u.s. gasoline futures jumped to a more than two-year high today while domestic crew fell nearly 3% as the market tried to assess the storm's impact. john joins us now to tell us what this all means for gas prices. founder partner of again capital. good to see you, john. thanks for joining us on set tonight. >> sure. >> really an unprecedented situation. as we were just talking, this storm is moving so slowly. they're in for more rain. how is the market for energy trying to price this i >> the market for energy, i think, is really struggling with what we're dealing with here. we're used to big storms coming and trying to hit the heart of the refining sector. we but them all there for whatever reason. they're vulnerable to this sort of thinge built to withstand it. high winds, some rain, but flooding of this mag volumes of water of this magnitude, could make it nearly impossible for days, if not longer, weeks, for the folks that turn the dials and

jackie deangelis is joining us now again from rockport.ie. >> reporter: we are actually in corpus cristi right now. we are waiting for the briefing from governor abbott and senator corn cornyn they'll be traveling to rockport as one of the hardest hit coastal town s in this area many of them did not evacuate. some of them chose to hunker down and stick it through. some of them close to go to shelters we spoke to a couple of people who did stick out of their home and they explained what the experience was like and how devastating those winds were listen to one gentlemen that we spoke to, rick miller. >> i did lose everything so it is difficult to put everything into words. rick got really emotional as he was telling us his story he showed us his home. he tried to take us inside this is a house where the roof is completely torn off when you look inside, you can see feet of mud on top of all of his belongings everything is trdestroyed. he was lucky enough that had a neighbor that had a generator. he maintained a positive attitude and try to r

jackie deangelis.u >>> the oil market closing for the day, so that means let's check in with jackie deangelis >>> the oil market closing for the day, so that means let's check in with jackie deangelis.u >>> the oil market closing for the day, so that means let's check in with jackie deangelis >> crude prices dropping about 2.5% on the session trading near session lows right at the close. there is still support that a relatively weaker dollar is part of the picture, but not no clear catalyst to take us over the $50 mark a couple unofficial meetings recently, but no conclusions on what will come next from the cartel whose compliance rate of course on that production cut has slipped. inventories will be in focus, a build last week was bare riish. gas prices have risen on the back of crude running up near 50 lumberg survey has them up 8 cents in the last tlooeg three we three weeks. national average 23 cents higher than this time last year >>> and speaking of oil, venezuela's oil company finally released their overdue financials late friday night results are horrific they claim they sold $42 bill

jackie deangelis joins us now with more on the refiners. she's live from corpus christi, texas.ackie. >> hi, good morning to you certainly that 25 inches plus of rain that is expected here is going to be a problem on these coastal areas, especially like this beach where we're standing. it's also the wind that has been kicking up some reports are indicating we could see wind later tonight when this potentially becomes a category 3 storm of 125 miles per hour those are some serious gusts you combine that kind of flooding and that wind, you start to have refinery shutdowns. there's about half of the u.s. refining capacity all along the gulf coast here in corpus christi you have five big refineries that have already started to shut down operations and evacuate personnel. there have not been forced evacuations. these are voluntary. as we were driving in last night you could see people leaving town you could see a lot of people in the middle of the night lined up at gas stations. we stopped at a walmart to get supplies a lot of shelves were empty. people were filling up jugs from outs

. >>> jackie deang lielis is at te commodity desk. >> after a 2.5% slide yesterday, he can quit gains helping oil. there's still a concern about overhang in the marketplace. api will kick off the data this week, this afternoon that report will come out. eia will be tomorrow expectations for 3.5 million improve but flat inventories in gasoline, that is a problem after the build we saw last week in the industry, big voices continue to say rebalance is happening. that may very well be the case the data is indicating it's painfully slow if gas isn't drying now it won't do so in the dead of winter. 10% gain in the month down to less than 1.5% from a technical standpoint, oil is back under the 2 hyundai moving average momentum certainly to the down side carl >> jackie deangelis, thank you very much. >>> when we come back, exclusive with ceo of godaddy, blake irving the ten-year yield close to the highs for the week back in a minute chances are, the last time you got a home loan, you got robbed. i know-- i got a loan 20 years ago, and i got robbed. that's why i started lendingtree-- the only

i'm jackie deangelis the euro hits a 2 1/2 year high against the green baback there are renewed concerns about the chances of pro growth policies there are 15-month lows. what else is pushing us lower? >> you talked about low growth maybe there is no overall stimulus package coming down the pipeline this year when you look at the german boone and japanese ten-year, that's been the flow of the u.s. dollar which our ten-year yields seem like eternity it seems like you want to chase yield in other parts of the world and if you look at the boone which holds above the 49% basis level, if japanese yields break above 10.5, people will chase those yields in other places of the world. >> jim iuorio, what do you think? >> just below 92, we're getting close to that. i've said this move has been stretched. i've said it for three weeks and yet the move marches on. the story is that the ecb is talking about tapering things could come in to conflict with those two stories i'm going to look for a pattern and then strength before i want to buy it. >> thanks, guys. for more futures, clexusively on futures

. >> the latest on hurricane harvey jackie deangelis is still on the ground in corpus christi nbc's meteorologist kayla mcgrath is checking its path with the news, this is a category 3 storm and we'll begin with you, jackie. >> reporter: that's right, kelly. as a matter of fact, we've been watching this storm all day from category 2 now to category 3 not really coming as a major surprise to anybody. the white house is actually out with an official statement on this right now as well saying that people should obey the rules determined by their local officials, really urging that caution there. and, of course, president trump said that he would come to this region, to texas, early next week as well a presser just ending from the texas governor also to comment on this. he made a statement saying this is going to be a very major disaster in fact, that's how it's shaping up at this hour. he also said put your life first and your property second so i think all of those points in their totality really sum up what's happening on the ground here now many people did evacuate there wasn't a forced evacuatio

vision blizzard, josh lipton is covering gopro and leslie picker has weight watchers and jackie deangelison dowdy is covering etsy. thanks, everybody. we'll see you in just a movement joining me on panel is cnbc senior markets commentator michael santoli and stephanie link and kim forrest who is portfolio manager at ford pit capitol group. mike, i like the discussion we were just setting up which is the overall market moves aren't huge but the individual stock moves are. >> without a doubt, maybe the 12th or 13th day in a row that the s&p has closed in the 24770s a very tight band. didn't move a whole lot today, but below the surface you're seeing a lot of give and take. talked about that sort of reflex to perhaps sell on the news when you get even decent earnings report yet on the whole you have enough supporting the market here that it looks okay. the average stock is underperforming the index for the last, i don't know, ten days or a month so maybe we're having another one of these very quiet and unin itsable bull packs and we'll see how we have movers coming out after hours let's get

jackie deangelis with the details on the area devastation.ng care of the people seems to be a central three all the way from houston over here to corpus christi governor abbott just concluding his briefing, and that was part of his message >> there is a reality that we have to come to grips with, and that is we are just beginning the process of responding to this storm we are still involved in the search and rescue process. >> reporter: so, of course, governor abbott mentioned the fact that this search and rescue position eds is going to cake place and he also pleaded for people epatience because this is a difficult time whether you're underwater and waiting for to be a to be restored 40 minutes from here is where the governor andsenator cornyn are headed now to take a look at the damage we were able to see yesterday. that's a town population 10,000 that saw absolute devastation. we saw with our own eyes you could see blocks hand blocks of homes and businesses completely torn apart, roofs blown off. people telling us really that they had noth

refiners on the gulf coast tracking the path of harvey which has been upgraded let's gk to jackie deangelis that tropical storm off the coast of texas is intensifying it's expected to make landfall tomorrow near corpus christi could be category 1 or category 2. the impact on the energy market will depend on how big of a punch it packs we haven't seen a storm like that in that region in almost a decade it tends to spike crude, gasoline and natural gas prices because a lot of the facilities are down along the gulf coast. a bad storm could shut down refineries and cut off imports and exports as well. on the refinery side, six main regions that represent a little overhalf if it's category 1 and a refining center is hit, a week to get up and running. category 2, one to two weeks category 3, even longer than that right now the energymarkets ar not in panic mode. investors are waiting to see how the storm develops if you think to past storms and remember when there was damage, prices could run up very quickly. crowd held under $50 a barrel because of fear of oversupply but a bad storm like this co

jim cantore for us down in galveston, texas >>> the storm is moving energy let's bring in jackie deangelisnd the futures crew >> good afternoon. that's exactly right, scott. we're watching our bob prices. it's a measured move you can see crude oil prices are moving the bigger threat with what could happen is what we're going to see on the gulf coast with respect to refineries. a little bit less than half of the nation's refining capacity is down there. jeff killburg, you've seen this many times before, when the moves happen, if a refinery is shut or several or whatever the case may be depending on how powerful the storm is, the moves and the prices happen very quickly, right >> it does happen quickly. we're seeing exxon mobil, shell, as well as anadarco evacuate workers. the threat is severe we have not seen a hurricane down here since 2008 we saw governor abbott declare 30 counties as a disaster. they're getting prepared investigating that this tropical storm will keep a bid on gasoline oil is downticking rbob gasoline is big over the weekend. jim cantore says it's going to languish the h

it's up almost 7% in a month jackie deangelis joins us withes more >> reporter: good afternoon, scottg driver for oil right now could be that meeting that opec and non-opec members are olding in adu dhabi brian substitututland, where aru expecting, if anything, from this compliance meeting? >> we saw libya increase a little bit and july productions was greater than expected. and according to what kind of cuts they were supposed to make, that's going to play a factor. the shale producers in the united states are still kicking in high gear they're playing a big factor if they don't do something about their cuts and keep it normalized in the opec world, we'll get prices cut in half they have to put a bottle on it, put a cap on it, and see if we can continue to hold this $50 level. but certainly, i'm paying close attention to what's going to come out of this meeting if they can cap this production and meet the areas they talked about cutting from in order to see these prices stick around that $50 mark >> all right, bob, what are the charts saying in terms of direction? >> so, two things i

bit >> all right, kaitlin, we'll see you soon now let's get down to corpus christi, texas jackie deangelis is there and she's waiting for harvey to move in jackie >> reporter: good afternoon, guys well, corpus christi is one cog in the wheel you've got five refineries here, a little less than a million barrels per day of capacity, and it's about 4% of overall u.s. refining capacity. the larger gulf coast, we're talking about 35 refineries. 9 million barrels a day, and 46% of the refining capacity of the nation so what happens here over the next few days is really going to be key when it comes to the energy markets some of the refineries here, two of them have shut down already, as a precautionary measure the other three have said they're monitoring it. they may follow suit later on today, as this storm definitely gains some steam but this is a bigger story than even just the refineries here. it's also about the residents, the businesses, everything that's happening in corpus christi. we've had an opportunity to talk to some people who have said they're actually staying here. they may not h

i'm jackie deangelis we are watching gold today, rallying trading actually near two-month highs.tions, gold reacting to some of these anxieties about north korea? >> absolutely. that's why it's up more than 1% today. everybody is looking for either a safe haven for a safe haven or a bomb-proof bunker despite the rally, $15, it's in a sideways channel, i don't get it really gets interesting until we get to 12.92 which was the high in april or 12.94 which was the high in june, then it might get interesting. until then, we're still on a channel. >> griz, we are watching it trade around 1278 right now, what are the levels that investors need to be watching if they're trading gold >> jackie, it's amazing how fire and fury can change the short term outlook for gold. we broke through the resistance at 1275, 1290 i have is the next area, 1292 what scott said this north korea stuff is not going to end overnight i want to get long in gold i think we make a shot to 1300 >> we'll be watching closely, thanks guys. for more futures now, check out the live show tomorrow futuresnow.cnbc.com. hal

. >> lets go to jackie deangelis >> crude is getting a bounce today.ike a little more than half a percent here. september rolling out to october after today's close. a little volatility in this trade. on the inventory side, expectations from plat drawing crude and gasoline of 3.6 and $1.3 milli $1.3 million respectively. other headlines talking about opec compliance with its cut and continuing to boost the market along. we got the weak dollar as well consensus of trades, it will stay over $45 and heading into labor day on seasonally after that after that, it is necessary to reevaluate to see how the supply and demand situation looks back in the fall. >>> thank you very much. oil bounce today bringid today a little bit of a lead take a look at a one year charge of wti's crude oil it is a huge energy latent of oil etf. the xle have just dropped and dropped and now down 10% on the years. you under performed the dow by 30%. how do you invest in oil if at all if you think that oil is going to recover lets bring in rob at tortoise. how do you invest given th

lets get to jackie deangelis we are critical of the 47 level.ata is very important this week the api is going to kick it off tonight, the eia tomorrow, expectations for crude oil flat inventories and gasoline. the gas can be a problem and causing the confusion of the close. there was a surprise of last week if that happens again, this market is not going to know which way it is going to go. up only 2% for the month so far. back over to you >> as more business leaders dropping out he does not need him back tweeting earlier from every ceo dropping out of manufacturing, i have many to take their place. grand standers should not have gone on. jobs what should business leaders do? what would you do if the president asked you to join the council? that's next on "power lunch. whoooo. looking for a hotel that fits... ...your budget? tripadvisor now searches over... ...200 sites to find you the... ...hotel you want at the lowest price. grazi, gino! find a price that fits. tripadvisor. we cut the price of trades to give investors even more value. and at $

let's get to jackie deangelis. >> bouncing around in this range of 47 to $48 a barrel as we await the api in inventory data later tonight. according to plats, it's for a drop of less than 1 million for crude and a little more for gasoline reports have been coming in all over the place this summer traders are anticipating the possibility of a surprise. the trend has been that crude draws and gasoline where the surprise comes >>> meantime, crude rolling after the close, october becoming the front month that could cause volatility. yesterday it certainly did in the session as well. if we go lower from here the expectation, as we stay over 45, at least until labor day, then the market would re-evaluate and readjust there were reports last night that opec compliance is still fairly decent. supportive factor as well. >> jackie, former office depot ceo steve odland ten-year hovering around 2.20. back in a minute ♪ >>> some developments regarding the electric car market. ford has signed a memorandum of understanding with china to build electric vehicles in that country. here in the u.s. volvo

lets head back to jackie deangelis over there >> we are going to close well over $49 a barrel.re are some reasons that the markets are is cautious here and expecting prices to stay supported for the next few weeks but going lower than here. the opec meeting that's happening right now in abu dalbi. in the meantime, you have production in one of libya's largest oil field ramping up the mark did not like that summer driving is going to pair back in the next few weeks or so add to that, the fact that we have seen u.s. production going up a million barrel a day from last july. you have the perfect storm to take these prices a little bit lower, back to you the united nations voted over the weekend to impose new ang s sanctions oconn north korea. >> joining us, allan tolleson of reality check and dan atkinson allan, welcome i don't think the president has threaten to trade war per se he said he liked to be tougher with china have been on trade. do you think the president has been tough enough? i don't think he's been tough enough i think and in fact, i don't think he's smart enough ei

that was very telling about who we were deang with. >> reporter: suddenly, the prospects for the prosecutoroking better. he made lindsey patterson his star witness. but almost as important, he called the riverside county medical examiner who testified that those lacerations on cristi's head could not, in his opinion, been the result of a single, accidental fall. and the type of bruising was a hallmark of homicide. >> it was not consistent with someone slipping and falling and then a rescue attempt. >> reporter: and there was a clump of hair still intwined with a plastic broken hair clip. that could only have come from a violent struggle. >> when you lose that amount of hair, it's not reasonably explained by any kind of fall. >> reporter: there were minor hiccups in the case. lindsey patterson, for example, was a little inconsistent about how long she looked over the backyard wall that first time she saw something going on. was it just a few seconds or as long as a minute? but either way, said the prosecutor, lindsey was sure she saw physical contact. that was the important thing. >> he was

there are so many who continue to struggle and, jen, we've edb and does race become a factor when deangd there's actually a big area of controversy right now in clinical medicine about what's called medical racial profiling so let me tell you what i mean. when we think and talk about a patient, we define them by their gender, their sex, their age, their race, their ethnicity, country of origin, sometimes their sexual orientation because all of that is important so the opponents of labeling someone let's say african-american female, you know, or it varies depending on what disease we are talking about say that if we do that it can pigeon hole us owd us not to think of other things. the people who think that it's important say, you have to think of those things, this piece said why when you're talking about triple negative but i want to give you another example that has nothing to do with breast cancer. when we think about a patient with, let's say, a complaint of coughing up blood, if we blind ourselves to where that patient is from, we think of a common list of what we call differential

. >>> let's send it over to jackie deangelis for a quick earnings alert on fossil. like it's getting slammed. >> reporter: a steep decline malcolm forbes than 20% after second-quarter results came out. at loss of 61 cents was far steeper than the expectation of 46 cents and revenues were shy at 597 million as well some of the comments so far, the new ceo is resigning due to perm reasons. that's part of the reason that the stock is declining here. $6.50 per share asset impairment charge, and the stock was trading just below $12 at the close today. 2017 eps guidance was weak as well now you can see we're trading at $9.15. back to you. >> thank you, jackie tough watch market, that's for sure jpmorgan announcing its biggest share buyback since the financial crisis just this past june and ceo jamie dimon says that's not what the bank is focusing on in his exclusive interview with wilfred frost, he'll have details on that when we come back ta came in. thank you. you can do that kind of analysis? yeah, watson. i can quickly analyze millions of clinical and scientific repor

jackie deangelis, what's happening?uber released it's financials and metrics and cnbc has confirmed them i want to share them to you. obviously a lot of interest in this company gross bookings rising 17% in the second quarter adjusted net revenue, 1.75 billion in q#, down from 1.5 billion in the first quarter net loss fell 9% quarter over quarter to 645 million or roughly 14% year over year they're saying that global trips increased 150% year on year. and they're talking about making a revenue note say nothing longer reporting adjusted net revenue to the investors due to the new guidelines from the scc. now i will say obviously as i mentioned there is a lot of interest in this company, why this really matters right now, it's because uber spent a lot of second quarter sort of fighting and under scrutiny about some of those well-publicized internal investigations, sexual harassment, other unsavory aspects potentially of the company culture, and also, the forced resignation of it's ceo getting some of these metrics for peo

a 1 19 count indictment for multiple charges including child sex ballistic charges against carlos deangbell yest yesterday. counts included filming child pornography and distribution of marijuana and child sex abuse and knowingly transmitting hiv. if convicted bell faces life in prison. his former neighbors say they're shocked. >> i'm glad something was done you know? and i do not like that it was rights on the road he was here and but i did not know him. >> what was he like? >> sent him walk up and down on the system. used to live here with her daughters and son. he used to go back and forth. >> there were 24 victims all of them boys. police say there were might be victim here separately. we learn the school district reassigned the principal of that middle school. >> and tough news for "game of thrones" fans because this morning hbo is scrambling after a massive sign area tack. >> hackers got into the company's tons of information on popular shows including hbo and "game of thrones" and those fans notorious of staying away from spoilers. holly morris is here with the details. >> happy