he was an x ceo of exxon. from what i understand, and the united states, exxon has about 50 million acres that they could drill on. in russia, exxon has rights to about 630 million acres. getting rid of sanctions and trying to make nice with putin would benefit exxon and putin to the tune of billions of dollars. isn't that a concern or should be to all of us? how can there not be a conflict of interest when part of him wants to make a lot of money for -- i'm sure he has stocks in his own x company -- and also putin has an interest in that as well. can you expand on that? guest: thank you for your call, marion. in 2011, exxon mobil and russia did reach a deal, according to which exxon would have access to the russian arctic. it was blocked by the sanctions and tillerson came out and sort of advocated for lifting the sanctions. this was raised back when he was being considered for secretary of state. on the one hand, does he have loyalty to the company which he spent, i believe, it was 12 years as chief? yes, pr

also ahead, exxon seeks a waiver to do business in russia. are the trump administration's business ties impacting their decisions? plus, news divisions-- how a politically divided nation gets its news. >> i guess there was an element of distrust. as citizens we don't know what we don't know. >> sreenivasan: plus, the turbulent business of the airline industry: record profits, expanding routes, and in some cases bad service. all that and more on tonight's pbs newshour. >> major funding for the pbs newshour has been provided by: >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> supported by the rockefeller foundation. promoting the well-being of humanity around the world by building resilience and inclusive economies. more at rockefellerfoundation.org >> carnegie corporation of new york. supporting innovations in education, democratic engagement, and the advancement of international peace and security. at carnegie.org. >> and with the ongoin

the administration didn't seek exxon to ask for a waiver. this is exxon doing it. >> that's true.ll be interesting to see how this plays out. you're already seeing tillerson saying i have nothing to do with this and he's saying he's not going to have anything to do with any exxon -- any exxon business that comes before the state department. >> and the nature of these waivers is usually, for instance, when we had sanctions on burma, there was a provision in there saying, oh, well, if it's certain natural gas fields then it's okay with the idea being, well, some of these things, it actually -- if we're advancing the u.s. interests with these sanctions, there might be an exception where if we don't do this business with russia, somebody else will. if an american country -- >> i don't think exxon is doing it for magnanimous reasons of national security. i think they're doing it strictly for money. any time people get these exceptions in the sanctions it's special deals for special people and exxon -- if there are sanctions -- i mean, i don't think tillerson is going to have anything t

exxon wants to get out there and drill for more oil. we learned exxon is applying to be exempted from the u.s. sanctions on russia specifically so they can restart that oil drilling. only now it's not rex tillerson, exxon ceo doing the asking, it's rex tillerson's successor doing the asking and the person he's asking is rex tillerson because rex tillerson is now the u.s. secretary of state. tillerson will have to personally recuse himself from direct say because of his continuing financial ties with exxon. it's an eye popping development, right? not the least the mega amount of money involved here, also the unexplained coincidences and eventualities here. not clear how rex tillerson ended up being secretary of state particularly since he and donald trump had never met before the election. all the other people suggested for secretary of state made more sense, former political rivals, mitt romney and people he had seen on tv, john bolton and old friends, rudy guiliani, rex tillerson, who donald trump had never met, never had anything to d

secretary tillerson has recused himself of anything having to do with exxon for two years.hey would not get near this, said sanders is a sanctions matter, please go directly to treasury -- except for saying this is a sanctions matter, please go directly to treasury. this is not the first time they and hadied for a waiver done so in this case under the obama administration. there is a timing issue that is interesting. this is a hot potato for state, and they did not want to get anywhere near it. david: nick wadhams, you wrote us -- wrote a great story this week or walk us through what the policy is toward north korea. there are three policies the public -- the trevor administration is pushing back on drawing redlines. is northria, another korea, and the third is a rant. i would not necessarily say aggressive, but a sharp turn away from the obama administration's policy of strategic patience in the case of north korea, and also in the case of iran, looking to work more closely with iran, and make sure the nuclear deal from 2015 was successful, and also the syria missile strik

been trackinghas this is aerly, well-known exxon station. the d.c. police a robbery took place outside of the store and the victim helped catch the suspect, one of the suspects darius clark of pennsylvania, but d.c. police are still looking for another suspect. jennifer, who do not want to give her last name or show her face, manages the exxon station on macarthur boulevard. just before 2:00, two men walked into the store. >> they were very nice, very polite. jeff: and at some point got into an argument. >> one guy jumped in the car and took off, and the other guy started chasing him. jeff: the car crashed about 50 feet from the gas station. the police say one of the suspects was carrying a bag of money and while fleei through the air and onto the ground. an off-duty law enforcement officer who witnessed the crash held one of the suspects until the police arrived on scene. >> that's pretty crazy. nothing like that happens here. >> i've been walking up and down the street for 35 years and have not seen anything like that here. jeff: this quiet section

if exxon violates the core support, meaning if it goes below 76 and change.hole analysis is wrong. i think it gets cheaper as the stock goes down for technicians, they often say you ought to cut and run. with this one in mind, when you see this pattern, let's go to chevron, let's see the weekly chart of chevron, just like we saw with the price of oil itself, chevron's got a bullish pattern of higher highs and higher lows, with chevron currently trading at 108, broden sees two lows, one is the 105 area, one is 102. a timing cycle came through in the last few days of march, right after it made its low of 106. that suggests the stock has already gone through decline mode, now we should be in rally mode. if chevron can hold it's floor of support, broden thinks this stock could be ready to roar. there's a lot more upside to royal prices. broden wouldn't be surprised if this stock goes up to $152. we take a look at some of the high rollers, the ones that i think people are most excited about, because they have what's known as beta. this is a weekly chart of pioneer

exxon is a powerful company.king at the fact that european countries have gotten waivers. they're saying, this is not fair. >> some business sense to it. they're saying someone is going to do the deal if we don't. someone else will. >> correct. it is not a crazy argument. but the politics are such that it is -- >> the optics are terrible. good to see you. thank you for joining us. >> thank you. >> wall street journal reporter and the author of the article. you have to read it. it is an important article. >>> who the next president is going to be of america's oldest ally, france. the top candidates have extremely different platforms. could brexit will followed by frexit? when we come back. if you have medicare parts a and b and want more coverage, guess what? you could apply for a medicare supplement insurance plan whenever you want. no enrollment window. no waiting to apply. that means now may be a great time to shop for an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. me

stocks falling on those nerves but also on news that the treasury department has refused to grant exxon a special sections waiver to drill for oil in russia. all major indices in the red. european indices down for the week. the european dax -- will -- france24 24 spoke with -- about how markets made react. >> it is fair to say the markets are not priced for an extreme outcome. perhaps if we were to see results, then the that would come as a surprise. there does seem to be quite a deals, as well as in the euro right now. assuming we don't get the markets mentioned, the -- google, and other giants expect to hit revenues of nearly 70 billion euros. thousands of visitors and thereds of companies, but industries facing some harsh reality as some consumers are slow to adopt technologies. >> back to the real world. touted reality has been as a means of revolutionizing how we play games, watch tv, travel, and even communicate. it was supposed to propel vr to the mainstream. but sales are not quite matching the hype, with the number of products shifting a full 40% behind forecast of this year, a

as you know, secretary of state rex tillerson was until recently the head of exxon.hat do you think of this request for a waiver? >> well, the big problem about rex tillerson being named as the secretary of state was and remains the fact that exxon mobil controls an area the size of wyoming inside of russia for the right to drill for oil and natural gas. so that's a huge conflict of interest that the secretary of state has, and because of the activities of russia in ukraine there are sanctions that make it impossible for exxon mobil to do that drilling. and so this goes right to the heart of what american policy is with regard to ukraine, with regard to crimea. in fact, with regard to syria in terms of what it is that we expect the russians to do to act cooperatively in order to resolve each one of those situations, and by exxon mobil using its special relationship with rex tillerson to now propose a waiver, it again calls into question whether or not we are going as a country to stand up to putin, stand up to russia and have american national security interests be m

exxon mobil what a very large natural gas company. that natural gas company was bart for the -- was apparent. they paid a high price for the price of gas collapsed. they had been doing everything they can under rex tillerson to play up anything, including supporting a carbon tax.the only x fon exxon mobil supports attas on theirs. they're looking at a special interest spelling the same kind of game. the is that a surprise? every industry plays theseab that's why we need free markets and to get government out of the way. and letting oil, gas, wind, solar compete. >> i appreciate the question, here's how we know it's a problem. the national oceanic and and national academy of science told us the bedrock truth of what's happening in the world.l aerona the national aeronautics and space administration, the people put a man on the moon. these are people told us it's a problem. if you want to know what scientists are saying about it, talk to james powell who is nominated to the nationalann science board by presidentto ronald reagan went thr

they said they could handle an exxon valdez size spill every day. they couldn't. bp said the spill was 1,000 barrels per day. it wasn't, and they knew it. in preparation for this hearing, the committee reviewed the oil spill safety response plans for all of the companies here today. what we found was that these 5 companies have response plans that are virtually identical. the plans site identical response capabilities and tout identical ineffective equipment. >> ovover one million dollarsrsl be awarded to the teams that prove that their cleanup s systm could meet the competition's strictest requirementnts. >> our firirst prize, the winn schmidt oil cleanup x challenge was a response, essentially, to somethining we all remember,r, e deepwater horizon oil spill in the gulf of mexico. in 2010-- i certainly remember, i'm sure a lolot of folks do--this was ongoing every day, oil spilling into the gulf, the havoc it was wreaking on wetlands and other critical ecosystems of the gulf coast, you know, from texas all the way to florida. and the sort or feeling of helplessne

exxon has a cover.an judge a book by the cover because exxon says we have plenty of money to cover the dividend and do our planned equipment. like stop it. i didn't say stop it. but it was a -- exxon is very defensive about the fact it has a great balance sheet and has no problem playing that dividend. people were taking pot shots at exxon saying hey, listen, you should be concerned. those people should be ashamed. >> i want to get to time and to honeywell. >> time wants to be independent. >> time is down 18%. they abandoned the process by which in some ways they were forced to go into when janet took a position in the company stock, when access which is since gone, bronfman made an unsolicited offer to take over the company. meredith was the main name, but after speaking to people involved, meredith was never there fully in terms of its financing. apparently, wanting to have a financing that would have allowed it to spin off its own television operations. which was part of meredith's plan once its bulk

. >> money, power and politics, exxon requests a waiver around the russian sanctions.could the fact that their former ceo is now secretary of state tip the scales in their favor? before we go, "time" magazine has released the full list of most influential people. in addition to the expected names of putin and trump, new additions include one of my faves, musician chance the rapper, chicago philanthropist, actor and activist riz ahmed and the man who broke the 108-year curse the general manager of the world series champion team chicago cubs theo epstein. >>> it's time for the "your business" entrepreneur of the week. mar rene na was a teacher who loved makeup and started creating youtube tutorials for her friends and they spread like wildfire. she quit her job, started a makeup line and today does more than $20 million in sales each year. for more watch "your business" sunday mornings at 7:30 on msnbc. >> brought to you by american express open, visit openforum.com for ideas to help you grow your business. but seriously, i know we need it. but finding life insurance...

exxon provided the rig, the product of a joint partnership. in 2012, exxon ceo hammered out this deal basically the mother of all oil deals. they were in a joint partnership drill to drill the kara sea, elsewhere in the arctic, drill the black sea, drill siberia, that deal exxon tillerson hammered out with russia was said to be the biggest deal ever. likely to be a $500 billion deal. they did that deal in 2012, the following year, 2013, putin bestowed on tillerson a friendship. and victory is the name they gave to the well they drilled in the kara sea, fitting because they hit

exxon mobil supports the paris climate treaty. we can go through the list of the companies that support the paris climate treaty. this is a battle between working people who need affordable energy and big corporations and their allies in the environmental pressure groups who hope to get rich off the backs of consumers. and that is why you are seeing more and more of a convergence between the renewable fuel industry, the climate industrial complex, and these big multinational corporations like exxon mobil. let me say what moody's investor firm said about that last month, not an environmental group. they put out a report saying that when turbines in the great plains of america are now 30% cheaper than existing will fired power plants. moody's cautioned investors that there may be 100 coal-fired power plants in the great plains of the midwest that will be shut down because wind turbines are 30% cheaper. solar hasof wind and plummeted, falling more than 70% in the past seven years. consumers are getting a break on their electricity ra

. >> reporter: it happened here at this exxon station where many people stop for gas in this area.e know tonight that a man from pennsylvania is under arrest and the clerk of the store is telling me how it all started. >> cash you see on the ground being guarded b evidence. evidence from a bizarre crime scene that still has been trying to figure out what happened. >> i noticed the tape around the car and then i noticed how badly it was damaged. >> there was an accident at the exxon gas station. the man came in to buy gas. >> he had a lot of money when he came in the station. it was put in the car and stolen with a suitcase. the man snatched something off of his shoulder and stole the bmw. the car went out of control and crashed down the embankment. the victim and suspects are hiding. we spoke to a witness who did not want to show his face. he held one of the suspects unless police arrived because he was convinced he was iol something. >> police arrested the suspect on robbery charge. the victim talking to police on scene for hours. meanwhile a hunt in the surrounding neighborhood f

, that doesn't really-- >> exxon-mobile? >> a threat to the entire planet, do you buy that? >> listen, i tell you what i buy. i think that donald has given false hopes when he was surrounded by the coal miners, maybe some temporary abatement in jobs that reduce, but there's 75,000 coal jobs in this country and 650,000 renewable energy jobs. i mean, there are caterpillar here in illinois where i am. they have a mammoth truck hauler that coal miners operate-- that will not-- will be driverless, technology is taking their jobs, not climate change. david: that's true and mike, there's been a big shift from coal to natural gas over the past ten years, a dramatic turnabout. we use today rely much more heavily on coal than natural gas and jobs, yes, it's true that we've had a lot of coal mining jobs go down, but look at the natural gas jobs go up. we've had more natural gas jobs added than coal jobs removed. >> and technology is a big reason for that, david. technology, if you'd gone back ten years ago, nobody was redistricting thi

exxon mobil could not have been to any -- dealing with them.roup lobbies against sanctions, including against iran and employed passage of the joint plan of action. my question is with that as a history, the work they did in spring 2011, where you oversaw annex on mobile deal with the kurdish regional government of iraq, after the united states government expressly did not want to see that happen, saying that it under adult -- under my , whate deal with iraq an message can you send to businesses that are intent on s atuing their own interest the expense of u.s. policies? how will you recalibrate your priorities as secretary of state? >> well, there was a lot in that question, sender. i have never lobbied against sanctions personally. i continue to believe -- >> the company that you directed did. >> to my knowledge, exxon never lobbied against sanctions. not to my knowledge. in terms of all of the other actions that were mentioned, they were all undertaken with a great deal of transparency and openness and engagement and input to the process to

countries that exxon mobil could not have been dealing with. this group lobbied against sanctions, including against iran. is, with that as a history, with the work that you oversaw2011, where you an exxon mobil deal with the kurdish regional governor in it would undermine the u.s. policy with iraq and lead the country closer to civil war. -- what message will you be able to send to businesses pursuing their own interests at the cost of political stability? how will you recount your priorities as secretary of state? your shareholders are the american people and their interests? mr. tillerson: there is a lot in that question, senator. sen. menendez: i will give you the rest of my time. mr. tillerson: i have never lobbied against sanctions personally. sen. menendez: the company you work for did. mr. tillerson: to my knowledge, exxon mobil has never lobbied against sanctions. all of those actions were done with a great deal of transparency, openness and the process. others are invited to express their view and inform the process. my pivot now, if

this is the exxon gas station we weal our area stop to get gas. this is part of the crime scene but police are still trying to figure out what crime happened here. the video we want to show you first is of money. apparently drop bade man still on the loose. man ran through the area with bag of money. some of the bills were flying. according to the witness, men were arguing and they held them until police arrived. the second man is being questioned by police. why did the man hold the suspect not knowing he was armed. >> he said, your cousin isn't getting away it and you owe me $10,000 and you will bring me to him. but they were scheming. that's why i was asking for help. he was ao because we're going to get caught now. >> now what you're looking at new is video of that person of interest. out here for some time talking to police. then eventually escorted to a police car. we are told at this point he is not under arrest. so one person in custody, a person of interest being questioned and one person still on the loose and police are trying to police

. >> tillerson's trip to russia was planned before the strike against syria and ceo of exxon tillersonarded the russian order of president by president putin. now, you might imagine his message is a little less friendly essentially telling them russians to abandon allied president of syria. >> we maintain communications with the russian military and with the diplomatic channels, it will not spiral out of control. >> as you just saw in that tape coming out of moscow from the first meeting here, the war of words between moscow and washington has been unusually blunt including tillerson's comments that russia was either complicit or incompetent when it came to the gas attack. there's a joint press conference, ladies, scheduled for later today which could produce a lot more than the typical diplomatic that's coming up here in a couple of hours. heather: all right, thank you so much, leland. in the meantime, the rogue nation threatening a nuclear strike on the u.s. mainland if further provoked. it comes as north koreans prepare for a military parade this weekend. marks 100th birthday of kim

staples, amazon, exxon and more.re going to hit them all, this is the halftime report on cnbc. wh a fire destroyed everything in our living room. we replaced it all without touching our savgs. yeah, our insurance won't do that. no. you can leave worry behind when liberty stands with you™. libertmutual insurance when liberty stands with you™. [he has a new business teaching lessons. rodney wanted to know how his business was doing... ...so he got quickbooks. it organizes all his accounts, so he can see his bottom line. ahhh...that's a profit. know where you stand instantly. visit quickbooks-dot-com. ahhh...that's a profit. >>> we're back. there's a look at jpmorgan shares up one-half of # 1%. jamie diamond out with his letter today. wilbur got his hands on it. >> yes indeed, we've already outlined the points on deregulation and the overall turn certainly something that was upbeat. let's start through some of the more down beat comments certainly on dissatisfaction. he says, it's understandable why so many angry at the

let's say you are exxon mobil and you want to make a big contribution to the george c. marshall institute, but you don't want the george c. marshall institute to be tagged by a member of the press as somebody who takes huge amounts of exxon mobil money. so then you go to a place like donors trust which is set up of exactly one purpose and that is to take money and move it through themselves and delivery -- deliver it to where the money source wants it to go with the name and identity of the source stripped away. so that now the donation to the george c. marshall institute just says donors trust. it's an extra layer of deceit that helps protect these big powerful corporate interests from people knowing what is being done and that this is actually their hands at work and that some innocent sounding actually quite impressive sounding public research group. so it is kind of a nefarious role i think in protecting all these different front groups from accountability for who they are that can be proven by where they get their money. and it severs that link so that the money se

this is exxon's best a this month.k 6 million shares in the first quarter, which is certainly sharding are shares higher. chevron is cutting their way to -- $6 million in shares in the first quarter, which is certainly moving their shares higher. chevron is cutting their way to the top as well. on the monthly chart, because we are at the end of the month, we can put this into perspective. oil is on its fourth losing its fourth monthly losing streak, its longest since february 2016. there are a few price dynamics when it comes to oil. you have opec trying to cut u.s. toduction -- opec trying cut, u.s. production higher than normal, all of this when it comes to oil. scarlet: great stuff on oil. let's get more on president trump's order to expand offshore drilling. he signed that memo at an event at the white house earlier today, and they are also reconsidering safety rules that were implemented after the deepwater horizon disaster. much oil does he want to drill for? >> according to the white house, it is about 90 billio

exxon has been seeking u.s. permission to drill with them in several areas banned by sanctions and renewed a push for approval in march shortly after its most chief executive rex tillerson became secretary of state on february 1. the company originally applied for waiver to gain access to the back sea in july of 2015, but the application wasn't approved. mr. tirlson during his time at exxon forge add close working relationship with the russian president, mutin and roseneft the company critical to russia's oil economy. the state department is among the u.s. department has a say on the application submitted to the treasury department office of foreign assets control. it goes on from there. you can read the rest at the "wall street journal" site this morning. and other international use, the president is set to meet with the italian prime minister today. that meeting will take place at 3:45 this afternoon. if you want to watch not only the meeting itself, the joint news conference and topics that might arise from t

exxon mobil could not have been dealing with. an advocacy group lobbies against sanctions, including against iran and employed passage of the joint plan of action. my question is with that as a history, the work they did in spring 2011, where you oversaw annex on mobile deal with the kurdish regional government of iraq, after the united states government expressly did not want to see that happen, saying that it under adult -- under my did the deal with iraq and, what message can you send to businesses that are intent on pursuing their own interests at the expense of u.s. policies? how will you recalibrate your priorities as secretary of state? your shareholders are the american people and their interests. >> well, there was a lot in that question, sender. i have never lobbied against sanctions personally. i continue to believe -- >> the company that you directed did. >> to my knowledge, exxon never lobbied against sanctions. not to my knowledge. in terms of all of the other actions that were mentioned, they were all undertaken wi

exxon's original drilling deal was blocked in 2014 when the u.s. imposed sanctions on russia.formerly run by secretary of state rex tillerson who has close personal ties with russian president vladimir putin. >>> the airlines is emirates is cutting ties with u.s. >>> how about no hands typing. facebook has worked on a project at your brain. facebook says the theoretical brain computer interface is still many years away, but researchers at stanford have already created a system that allowed a paralyzed patient to type eight words a minute using over her thoughts. anne-marie. >> that is really cool as long as it doesn't type everything that's on my mind. >> some things need to stay private, right? >> exactly. jill wagner at the new york stock exchange. thank you so much, jill. >>> still ahead, new lessons for children with autism. we'll show you a high-tech tool that's teaching kids at school. >> meet milo. he's a 2-foot-tall robot that's helping to change the lives of children with autism. i'm don champion in dallas with the story coming up. like an "unjection™". xeljanz xr. a

lauren: we had exxon mobile and chevron reporting today.rs looking for earnings of technology. first-quarter profit jumped over 40% from a year ago from eighth straight quarter in the black. alphabet seeing a sharp gain this morning. renew rose more than 20% driven by surge imobile advertising and popular youtube service. take a look at microsoft shares, they are slightly lower. the software company says quarterly profit surge driven for collude-computing service, revenue actually missed the estimate. lea: is the tech rally ready to keep on rolling. let's ask chief analysts with disruptive tech expert. >> good to be here. lea: let's talk about alphabet, advertisers have been worried about having appear with objectionable content and growth key to profit, can we see more fall-out in the second quarter? >> i think this is a headline issue right now but not bottom line issue. you have not seen it in the numbers yet. the thing to keep in mind, growth covers a multiple of sins in wall street. right now the backlash isn't enough to offset the gro

amy: i want to go back to the exxon issue.rson, the former ceo of exxon, now the current secretary of state has not had much to say. as you recall from the senate confirmation hearing, he essentially refuse to answer questions on the topic. i think that everyone in government, the state department, we know that i'm a change is an issue of global importance. it should be an issue for the state department. we will have to wait and see where secretary tillerson is on the issue. we have not heard much of late. we did not hear much from the senate confirmation hearing. amy: on the issue of the exxon cover up, what rolled it he play as the longtime ceo? maura: we don't know yet. from my perspective, this is about allowing us to go forward with the investigation. we need to see the documents. we need to have questions answered. that is what i am looking to do. i hope that exxon stock to be continued effort to resist our investigation and will start answering questions. amy: the issue of the paris climate accord -- the trump administr

that is, competitive with saudi arabia and that takes us to exxon mobile. whether or not once lead by rex tillerson should get a waiver to get back into business with russia, sanctioned by the u.s., and europe because of the invasion of ukraine. >> we have them on the iran front -- let's be clear. they would be pap lar with u.s. exporters. it's not clear where the test ti -- domestic exports will go. i think more centrally, if we're serious about trying to pressure russia, and the bad behavior, if we want to do that, then clearly oild is a key area where sanctions have to stick. it is a petro economy. i think regardless of the optics, keeping up economic pressure on russia, this should be a very, very tough sell to the administration as long as we want to stay tough on russia. >> and as rex dillerson sa tille is rescueses himself for anything to do with the oil deal in russia, but the state department does weigh in and he is the top diplomat. >> i'm more defensive of the secretary on this one. i think the secretary's views on how american business involveme

they need exxon's capital. exxon would like to have access to that land.in sanctions. politically as soon as the news broke yesterday on cnbc we were like, hey, i can see this being a bit of a political firestorm. i have a feeling i'll be on "morning joe" tomorrow and here i am. >> and exxon's argument is the sanctions weren't as tight and european oil companies were allowed to continue these drilling deals, u.s. companies were not. exxon was saying that's not fair, we should be able to participate as well. >> who did you just sit down with? >> vladimir -- one of the few dissidents and people who have been outspoken about putin to survive twice, he had been poisoned twice now. once two years ago, a second time back in february in moscow. he had been very close with boris nimsoff, his best friend, and they had launched a campaign against vladimir putin, were in favor of tighter sanctions against russia, particularly the magnitski act which went after russian oligarchs and not the country as a whole. i sat down with him and this is the first time his wife sa

secretary tillerson is no hisnger to the chamber, company, exxon mobil, has been a member of this organization for as long as i think they existed. existed, and they have been extraordinary supporters of our existed, and they have been extraordinary supporters of our work -- [no audio] predecessors have had such deep working knowledge of the many and particularly from the business perspective. he is a man who has demonstrated all of his skills in recent days and weeks taking over the state department and trying to take on the nations challenges around the world while building a staff and becoming acquainted with the government side of this town. we come all of us in this organization, look forward to working closely with them in the administration to advance the issues we have been discussing, the critical bilateral relationships between saudi arabia and the united states and the effect that will bring us in the mideast and around the world. mr. secretary, welcome back. thank you for sharing your time and energy and your talents with us and with our country. you are very, very welcome. [applau

and they're producing less of it, at least exxon is. it's a magic combination of an improving economy plus opec production cuts, which was supposed to be driving oil to $60 and beyond. what messed it all up was shale production. even if oil can you say, how can oil move up when you have an enormous open faucet that's north american shale? the hope is that big oil prices will rise again fueled by opec cuts and less capital oil spending by the big oil companies. well, we'll see. for "nightly business report," bob pisani at the new york stock exchange. >>> on wall street, stocks sagged as new data on the economy were not enough to lift the market today. investors will keenly watch developments this weekend after reports that north korea unsuccessfully tested yet again a ballistic missile late this afternoon. on this last trading day of the month of april, the dow jones industrial average was off 40 points to 20,940. nasdaq lost one. s&p 500 fell 4 1/2. for april, all the major intersections were higher with the biggest gain coming from the

it comes two days after reported exxon was saking the waiver to resume a joint venture.ou may recall, the secretary of state, rex tillerson, is a former ceo for exxon. >>> china is not saying whether it is squeezing north korea's fuel supply, but something is causing a major gasoline shortage in pyongyang and elsewhere. gas stations are limiting services, raising prices, and some are even closing. the beijing government has reportedly been tightening its enforcement of inter nnational sanctions. >>> president trump is considering charges against the founder of the wikileaks website. katherine harris looks at how that site has changed drastically. >> reporter: on the campaign trail, then candidate trump had good things to say about the website. as thousands of damaging dnc and clinton e-mails were revealed. >> we love wikileaks. they have -- we can kikileaks h revealed a lot. >> reporter: now they're taking a more aggressive approach and julian assange. with a law enforcement spokesperson saying criminal charges are part of the calculous. asked about the leaks, attorney g

exxon lobbied against this which it lastuced in this and year. you implode well-known washington-based lobbyists to support these efforts and you personally benefited -- visited the white house and said you were engaged at the highest levels of government. became the in-house lobbyist for russia against these sanctions. are one of the most effective diplomatic tools in our arsenal. -- one that weon rely on buying engaging in traditional kinetic warfare. if sanctions are not a useful tool, have you changed your view? to return and interact. the sanctions were bad? wharton toit's them a knowledge that when sanctions are imposed, by design, they are going to harm american business. the engagement and whatever countries we have targeted for sanctions. >> i don't think it is disrupting american business. i think it is to disrupt the economies of those countries. american business may or may not be affected to some degree. mr. tillerson: the intent behind it is to disrupt that countries access to american business investment. technology, the financial

mr tillerson was ceo of exxon mobil.llerson was ceo of exxon mobil. mr tillerson has been awarded the order of friendship, the highest honour a foreigner can receive in russia. this is what president putin said before the meeting today. translation: it's possible to say on the level of trust on a working level, especially on the military level, especially on the military level, it has not improved, but rather has deteriorated. tension, as you'll know, has been ratcheting between russia and the us since last week's chemical attack syria. they disagree on whether the assad regime was responsible for what happened there. donald trump has again returned to that issue. here is what he said. frankly, we talked chemicals, people just he said. frankly, we talked chemicals, peoplejust don't he said. frankly, we talked chemicals, people just don't see this, the level of mortality, the level of viciousness. when they drop barrel bombs and bombs of any kind right on top of a civilian population, that's the worst thing, i've never se

exxon mobil, chevron, philips 66. ♪ ♪ i'm dr.ely and some day you might be calling me an energy farmer. ♪ energy lives here. >>> time now for an energy edition. exxon mobil beating expectations as profits more than doubled from last year. steve? >> their outlook was pretty positive in terms of their businesses, but overall cautious macro outlook. every metric they were up and talking about just general their environment again across the world china was even up but, again, cautious on the overall environment. they see a lot of supply coming from the u.s. so, again, as i've said before the u.s. is now the new opec in terms of controlling what prices will be. >> next up chevron a strong postings earnings beat. jim? >> i don't make a strong distinction between chevron and exxon mobil. they're both super, super integrated oil majors. and so, frankly, if i look at either of them including chevron, it's well run and has a 4% dividend yield. prices are going lower because of supply as steve mentioned. i'm not too enthused. >> and phillip

either you do it as the head of a company like exxon but never as a diplomat.quite a combination. you adamant tis unto that and you got the national security advisor. have you got a very strong team. >> bret: lastly, it's a lot different from being a ceo of a big company and country tray and the head of the bureaucracy at the state department but also not wanting to get in front of your boss and a morning tweet that has a different policy than perhaps you are not aware of. >> absolutely. thigh focus in the state department for a bit is the foreign service officer and he always complained about bureaucracy as good republican word. he also talked about it and you see this now with the nature of the relationship that the people who are working there. yes they tend to be more liberal and very academic based. they are patriots. secretary tillerson is seeing that actually these are people probably disagree with him but they want to serve him because they serve democracy there is a purity to that that's real. >> bret: panel, thank you very much. interesting day. when

exxon and mobile good numbers. exxon more than doubled its earnings and the revenues went up 30%. it's a very simple reason why. look at the price of oil in the first quarter of last year. it was $31 on average. last quarter it was $51. that's a huge difference and that's why they did better. here is the bad news. exxon's price is down 10% this year. they're all terrible performers because the price of oil has been trending down even with opec trying to cooperate. that fire hose of shale oil production keeping a lid on the price of oil. capital expenditures are down, production is down a little bit for them as well. that's a major problem overall here. so here is the bottom line, take a look at the misery of the energy stocks this year. the main energy index down 10%. oil services are down 15%. oil and gas exploration. what's going on here is the street itself is starting to take earnings estimates down for the full year because oil and natural gas aren't exactly cooperating. great news for consumers, not great news for energy investors. guys, back to you. >> we have those oil rig

it happened at the exxon on macarthur boulevard in the palisades. witnesses tell us around 2 o'clock, two men walked inside the store and robbed it. but when they tried to get away.. they didn't make it very far. the would-be getaway car crashed into a tree about 50 feet from the gas station. one witness was able to hold one of the suspects at the scene. the other fled, and is still on the run. we are learning more about an on-board confrontation between an american airlines attendant, and a passenger defending a crying mother. that passenger - could face charges... after confronting the flight attendent who reportedly yanked a stroller away from a woman traveling with her small children. witnesses say the stroller nearly hit the child, and then the passenger had seen enough. we've learned that passenger could face charges... because it's against federal law, to attendant. f-a-a policy says that passenger could face a 25-thousand dollar fine. there's no word on whether anyone is pressing charges. happening today. mayor muriel bowser will be on hand