hello now we're starting with exxon mobil who've been fined two million dollars by the u. s. treasury department tells more that's why james good evening the oil giant has been handed the maximum penalty. for showing a reckless disregard for violating sanctions imposed on russia back in twenty fourteen. during that time the current secretary of state rex terrorists in was the company's chief executive. according to the treasury department exxon was signed contracts with companies blacklisted by the united states. exon meanwhile claims it did nothing wrong it's now suing the government calling the fine fundamentally unfair kevin viet reports. two of the trumpet ministrations senior cabinet members have been swept up in the legal battle over late sanctions violations. the treasury department has accused exxon mobil of reckless disregard in violating sanctions against russia. while secretary of state rex tellers in was it c. e. o. in two thousand and fourteen. the oil giant has been fined two million dollars for its breach. the state department offered a terse defense of taylor

exxon mobil is one of the few laggards, down 10% on the year.ining in a big way and a drag on the dow. we have a lot of those winners helping to move the dow up here. vonnie: abigail doolittle there. mark: let's get back to the european bank earnings. it's been a busy day at week. barclays posting a net loss due to shares in its effort to unit and part of a scandal. we spoke to jes staley on the pain of protection and insurance scandals and how he feels the investment bank's performance. >> with the investment bank overall, we are quite pleased. with equity underwriting's and debt underwriting's, we had a great quarter. the first half of this year was one of the best results that the bank has had as part of our business. credit-rating did quite well. in rates in currencies, we're still not happy with where we are. we are down in the second quarter. we have made some recent very important hires. we will get that corrected, but overall, i think investment thanking had a good quarter. >> are you still happy with the extent to which you backed the i

we will start with oil company exxon mobil handed a $2 million fine by the united states. >> exxon haseen handed the maximum fine for reckless disregard in violating ukraine sanctions in russia in 2014. current secretary of state rex tillerson was the ceo back then when the company signed a series of deals with russia's largest oil provider, ross met -- rosfnet. catherine has the story. >> two of the trump administration senior candidates have been swept up in alleged sanction violations. treasury directory of q's exxon inil of reckless disregard violating sanctions against russia while secretary of state rex tillerson was the ceo and 2014. the oil giant has been found -- $2 million. the state department opened a defense of rex tillerson. >> he continues to abide by his ethical commitments including the recusal from exxon mobil activity. >> the heart of the issue is deal signed with the ceo of russia's oil company, it was blacklisted by the treasury department in the wake of russia's annexation of crimea. signed at less than a month after u.s. band companies from doing business with hi

exxon mobil and chevron. investors will be keeping an ear open for anything minneapolis federal reserve president neil kashkari says about the interest rates. that's what to watch for on friday. >>> it is the status symbol among status symbols. the rolls royce and tonight the famous luxury car brand rolled out the flagship phantom model more than a decade after the last one. as robert frank tells us, this time rolls is aiming for a younger audience. >> reporter: it is the most expensive, the rolls royce phantom. in today's effort to lure younger buyers, rolls royce rolled out the iconic land yacht in years. it's the phantom 8. it's the eighth version since it debuted in 1925. it's critical to parent company bmw's magic crowded with competitors and younger buyers who want smaller, sleeker, stealthier rides. it has a tougher front end, beefed up engine and aluminum body that still weighs in at over two tons will bring in more millennials to the brand. >> what we've achieved over the last seven years is to bring

. >>> in business news this morning, the reason why exxon mobile is suing the us government. money watch's hena daniels joins us live from the new york fock stock exchange with that and more. good morning, hena. >> reporter: good morning, rahel, happy friday, here on wall street, stocks barely budgeted following news the european central bank didn't change its stimulus policies. the dow jones fell almost 29 points, the nasdaq gained nearly five. >>> exxon says it did nothing wrong, doesn't want to pay $2 million federal fine. the energy company is suing the us government. after the fine was levied. the treasury department says exxon showed wreckless disregard for sanctions against russia. secretary every state, rex tillerson, was exxon mobile's ceo at the time. >> you may soon be saying alexa wash my chrome spirit is going to start selling kenmore appliances on amazon including smart appliances, they can be singed with amazon voice assisted alexa. sears has been closing and liquidating stores across the nation, the amazon deal opens up new market place for the company to sell

exxon mobil will challenge the finding by the treasury department that it violated russia sanctions. -- treasury is finding exxon a $2 million for what he calls egregious violations of sanctions on russia, and that was one rex tillerson, the secretary of state, was running exxon mobil as chief executive. russia, robert mueller is said to be expanding his probe into possible ties between donald trump's campaign and russia. ofh more on the transactions his businesses as well as his associates. greg farrell helped to break the story and he joins us now. congratulations on the scoop, greg. tell us more about which of trum p's businesses the special counsel is looking into. sense, it isbroad all russian purchases of property, known interactions between the russians and trump. we highlighted the highest profile ones can in addition to the high-rises in new york. thursday -- there is the soho development, the licensing fee he got from the pageant in moscow come with a friend of his brought over there. of then there's the sale palm beach, florida, luxury insion, oceanside mansion, 2008 more

exxon mobil must pay a two million dollar fine for showing what the u.s. treasury department calls reckless disregard for u.s. sanctions on russia while secretary of state rex tillerson was the oil giant's c.e.o. this lawsuit was brought by the u.s. treasury department for this fine now it claims that the oil giant violated sanctions against russia when it signed contracts in may two thousand and fourteen with russian oil magnate igor sation chairman at the time of government owned energy giant rosneft us had blacklisted sation now the company says that the treasury had permitted an american c.e.o. to attend a board meeting with sation as long as it wasn't related to stations personal business the treasury department disagrees arguing that it never said there was an exception or carve out for the professional conduct of designated or blocked persons exxon sued the us government to stop this fine. and dozens of workers visas cost. his age to be have been requested from the labor department by the trump organization it would grant foreigners the right to wor

rex tillerson knows vladimir putin from his days at exxon mobil. there is a point of commonality. they want to base this on the us side, very small, more expectations are raised, this meeting will be to set the stage for how this relationship is going to go, we don't know if vladimir putin will make grand gestures, he brought in his dog, or when he met with george bush back in the day when he brought in the same labrador and turned to bush and said bigger, stronger, faster than barney. if this guy is pursuing him, bigger than your dog strategy, interesting issues to deal with. >> these personalities get along. >> people who may not know, i angela merkel was allegedly afraid of dogs which is why he brought the dog. >> also on the agenda today, the g 20 summit confronting north korea, the question is how will donald trump deal with the potential nuclear threat. >> reporter: terrorism, trade and climate change are on the agenda at the g 20 but what is on the minds of these world leaders is how the us will respond to north korea and what actions will they take as celebrations break ou

the head of exxon mobil, his boss, donald trump, backed the move against qatar stating they were sponsoringsm. saudi arabia, bahrain, the uae, cutting diplomatic ties. a list of 13 demands. the closing down of al jazeera. they are list of 13 demands. the closing down of aljazeera. they are saying, take a hike. rex tillerson says, we have to make a breakthrough. it's been going on for several weeks. the defence secretary has come out in support of qatar which houses us troops. the us policy sees the president saying something, and his cabinet saying something different. what is the role of liquefied natural gas? it is the world's biggest exporter. america wants to raise its exports to china. if you do stabilise qatar... i'm sure there are other considerations. those 13 demands. , he says those demands are not a dead duck but they have to start again because the package is not viable. they might cherry pick and make a breakthrough. this takes us on and make a breakthrough. this takes us on to the next story. aramco. it is the move into liquefied natural gas. that is a very significant element

but us secretary of state rex tillerson — himself an oil man who served as ceo of exxon mobil before — praised some new energy initiatives. the united states looks forward to engaging with turkey on projects that will increase global energy security such as the southern gas quarter and the eastern mediterranean gas. these projects will enable europe to diversify its energy sources, thereby improving its energy security. with me is colin smith, director of oil & gas research at panmure gordon & co. welcome. it seemed there was no real knockout headline in terms of what can help lift the price of oil from mr tillson. was there anything he said of note that you think will give some comfort to investors? with respect to his remarks, it was very much in relation to the industry about gas and turkey's role as a gas transit country to take gas from places like azerbaijan into europe. he had very little to sale about oil perse he had very little to sale about oil per se except to make the point that the industry needs a great deal of investment and he talked about the conditions that would b

this does seem to be driving conical celebs and exxon mobil.nd exxon mobil. 20% today.e up by it will change after earlier, and we have been up as much as .25. third and down about we have data out of the u.k. today. evidence the economy is weakening as brexit negotiations started. the survey follows factory and construction reports that showed both industries. chris williams, an economist, says while surveys point to .2%, doublewth of that the previous three months momentum, it was 10 years ago today that the bank of england raised interest rates in 2007. 21 bank rate went up by basis points. five months later, it was cut to 5.5% and so began to drift down to that record percent in march 2000. little did we know we would have to wait another seven or so years before the next move, which was another cut of 2.5%, where we remain today. in mid-june, 6% something the bank of england domesticlosely was generated inflation. bloomberg has replicated the boe's model. they have a compensate measure for the u.k.. it is now available on the bloomberg ter

how the heck did we let exxon and mobil merge? that was democrats. we'll go after that. that will help the average person lower their costs. and finally, we're going to have

us authorities have fined exxon mobil $2m for violating sanctions against russia while secretary of statethe president of russian oil giant rosneft, who was blacklisted, the us treasury department said. exxon has challenged the finding, calling it "fundamentally unfair". that's it for us. don't forget you can get in touch with us via twitter. the number of pupils being excluded from schools in england is at its highest level for nearly a decade. in the last year there were nearly 350,000 permanent or fixed term exclusions from state schools. all these young people have had problems at school. most have been excluded. this man knows it only too well. he was thrown out of his school at 14. he turned to a life of crime and was jailed for ten years for manslaughter. for me it is about redemption. i made many mistakes in my life. it is notjust more responsibility, i feel my life. it is notjust more responsibility, ifeel i have my life. it is notjust more responsibility, i feel i have a moral obligation to do i see young people and their potential but i also see if they fall off we would set a

exxon mobil and chevron.xxon mobil surprising investors coming out with production that fell 1% last quarter. analysts had been predicting gains and the numbers missing estimates of those shares down 2%. earnings missed estimates but it raise production last quarter by 10% which is much more than had predicted and it is the highest level going back to 2009. what is interesting is that you have these earnings moves independent of oil this week. a big week for oil prices. is the best% and it week we have seen for oil's performance all year since going back to early december. gains here as we have saudi will cutying it exports and bullish numbers on the weekly inventory spread in the united states. david: thank you so much julie. coming up, anthony scaramucci, -- the newection communication director connie the newg -- communications director at the white house launching a tirade. this is bloomberg. ♪ david: this is bloomberg markets, the trump economy. i'm david gura. here is mark crumpton. >> white house chief

now, with crude oil lingering between 42 and $47 a barrel, and exxon mobil is a huge company, but do you see if it stays there with apossibility that they might cut their dividend >> i think that exxon mobil is a really well run company with a great balance sheet and would do its best to preserve that dividend no matter what. i will tell you that -- these are research records, run a list of companies that are of stocks that are now below where they were when oil traded at 26 bucks at the beginning of 2016 and do you know there are a lot of them? even though i told you i think oil is very tough here, and the price went up, but the stocks went down? i just don't think things are as dire for exxon they might be dire for the balance sheets for the companies that are stretched, but not exxon. jeff in florida? >> caller: big fan of the show. >> excellent. >> caller: on your recommendation, i built a position in southwest airlines last summer around $42 the stock is on the new all time high list at roughly $63 what would you suggest, pull the trigger now? >> send the love to gary kelly, lik

. >> caller: and then cisco, dell technologies, dvmt, and exxon mobil. >> okay.kay so allergen, big pox for club members. a great drug company has to close above 250 according to the technician. apple, own it. last two quarters i've not been happy about dell but you get a good yield exxon mobil. this is a convoluted situation you've got tech and tech we're going to get tech, tech, tech we can't abide by that we're going to keep apple. get rid of cisco instead of cisco, what we'll put in, because we have a health care company already, we're not going to add to more health care why don't we put in honeywell, which i'm confident is going to report a good number tomorrow. if it comes down, we'll buy it and we're going to have to get rid of dell. what we'll do is put in -- can't do retail anymore because of amazon why don't we go with a bank. i like to go with keybank. we'll go apple, we'll go key, i feel a lot better about that honeywell. the oil and gas, we'll keep that nice diversification allergen, we'll keep that, too the drug group is on the margin. thank you fo

. >> reporter: the president hired the former exxon mobil ceo for his global deal making skills, buta's top diplomat doesn't enjoy the same autonomy. case in point, while tillerson tries to mediate a dispute between qatar and other gulf countries, president trump has openly sided with saudi arabia. >> the nation of qatar unfortunately has historically been a funder of terrorism at a very high level. >> reporter: trump is also taken much of mideast policy including the peace process off tillerson's plate, giving it to kushner instead. >> if you can't produce peace in the middle east, nobody can. >> reporter: and as tillerson seeks to reorganize his state department, the white house has pushed him to make major cuts, slashing a whopping 30% to his budget, shocking lawmakers who call the proposal a waste of time. >> my reaction is it's probably dead on arrival. >> reporter: former deputy secretary of state tony blinken now a cnn global affairs analyst, says the end result is a weakened state department unable to shape and execute foreign policy. >> if you look at two things, one, the bu

the treasury department has ordered all giant exxon mobil to pay 2 million dollars for violating sanctionse the current secretary of state rex tillerson wans the eo. exxon sign deals with russian firms just weeks after sanctions were imposed on russia for annexation of the crimea. exxon called the fundamentally unfair fine, and said it would sue the department to overturn the decision. for more on this, let's bring in our financial correspondent in new york. $2 million, does exxon even care? reporter: well, at least exxon said they are going to challenge the accusations, but sure enough, $2 million are not really going to hurt this multibillion-dollar corporation, and stocks traded even a bit higher. overall it was a pretty flat trading day on wall street but it was good enough for the nascar cop as it to get another record close and overall we have rather solid earnings, after hours, they came out with their earnings report and they beat estimates of wall street quite a bit on the profit. >> another story we're following tonight, the famous sears department store chain has announced it wi

. >>> exxon mobil was fined $2 million by the treasury department for reckless disregard in 2014. that was when secretary of state rex tillerson wexxon's ceo. the treasury says exxon signed eight documents with the head of the state-run -- just weeks after sanctions were imposed on moscow for annexing the crimea region. it sued the government in an efrlt to overturn the fine. >>> how one company wants to make older dumb cars a little smarter. >>> a trio of regional banks reported earnings today and had a few things in common. they all posted better than expected revenue and all three cited an increase in fees. this falls in line with a segment we brought you last night about how a number of different industries are getting a growing percentage from those fees. toni >> banks have been reporting earnings and one night of not getting enough attention is the line item called income, that's a boring word for fees that banks charge their customers. both businesses and consumers. it's a business that's growing like mad for some large banks, it's close to 40% of their income, now, some rev

. >> scott, everything is about timing like pete said exxon mobil, they wait -- >> in energy it seems to be more precious than almost anywhere else. >>y, look at it. exxon waits 2 1/2 years from the xto purchase, how do they look >> geniuses, right the thing about when you buy the commodity space, it's not just a business, it's a timing of when you're in and out, right and the problem is that most of these big companies like ge, exxon, have had poor timing, right? >> they chase. they don't do the blood in the streets, they chase at the top >> does oil need to come down -- let me ask you this. how much further does oil need to come down to see a real large pickup in m&a. there are big companies in the energy patch do you have a three handle on it >> i'm not an m&a expert i think that you're going to see m&a happen over the next year. it makes sense, right? if you can cut out, you know -- if you can earn an extra $10 million by just combining two companies, why wouldn't you do it $5 million there's no other way of growing for right now. you know, why not? as long as you're not going to

at the time, secretary of state rex tillerson was exxon-mobil's c.e.o. and, on wall street, the dow jones industrial average lost about 29 points to close at 21,611. the nasdaq rose about five points, and the s&p 500 slipped a fraction. still to come on the newshour: a deeper look at president trump's frustrations with jeff sessions. white house plans to scrap a program to arm syrian rebels. how the obama administration tried to safeguard state election systems against russian hacking, and much more. >> woodruff: back to president trump's comments to the "new york times" yesterday. he unleashed broadsides at top officials from the justice department, raising questions about the president's relationship with the nation's top lawyer, jeff sessions. for that, we are joined by walter dellinger. he served in the clinton administration as assistant attorney general and acting solicitor general. he's now in private practice. and former u.s. ambassador douglas kmiec served as legal counsel to presidents ronald reagan and george h.w. bush. he is a professor of co

exxon mobil been lobbying against the new measures in congress so too. like boeing and ford peter all of her brings us more. well it's the potential impact that these sanctions could have on both the the business and energy sectors here in europe that has e.u. officials hot under the collar there are potentially huge fines for e.u. businesses that would enter into energy projects with russia many of those blue chip european companies of course are heavily involved there what we've heard from the german foreign ministry is them saying that it can't be accepted that the industrial policy of another nation be passed off as sanctions while the german government spokesperson also came out saying that e.u. industry can't be targeted and if there will be a response if the sanctions or when the sanctions go through it's not just the germans though the french foreign ministry issued a statement saying that well they believe that the sanctions impacted upon the rights of private individuals as well as corporate entities to an extent that they believe may go beyond

this bill that didn't work but the names on the list include of course energy giant such as be in exxon mobil but also other big multinationals searches ford and boeing as well so i think it stands we're still going to have to wait to see what the ultimate reaction will be from the european union if the. sanctions go ahead as planned could the nuclear option be triggered which would be the e.u. placing economic sanctions on the u.s. business it's certainly an option it's still on the table if you take what the german economy minister an energy minister had to say earlier on on thursday we're keeping an eye on this of course however u.s. sanctions are not always very effective i mean let's take north korea for instance south korea's central bank estimates that last year its neighbors economy grew by almost four percent off the bouncing back from a downturn in twenty fifteen gangs also boosted its exports and of course continues to develop its nuclear capabilities and it's not just north korea that seen a degree of economic success in spite of u.s. sanctions either iran has been forced to diver

>> unless you see, bio tech has been performing well, so if you see energy companies next week, exxon mobil, chevron, halliburton, anadarko, a lot of people are are in bio tech we're spending and investing and that's going to scare the heck out of investors >> if people are forced to short cover, that's what people have to come up with real dollars to come up with with and those names, the fang names will be used as a dip. not saying it's going to happen, but that's the big question. >> that has happened exactly what steve is talking about has happened all year long, when there's some of them elsewhere in the world, in the market, the fang stock rs the ones used as the atm, i got to git get my cash out of something. they're big and liquid >> well, our next guest is reading the tea leaves ahead of next week's earnings an he says there are a few warning signs you should be aware of now joining us from st. louis, hello, scott what warning signs are you looking at >> well, melissa, for the overail market really because you guys have been b talking about tech about these fang stocks and really f

well, coming up in the next half hour of "eyewitness news," the reason exxon mobile is suing the us governmentnew business, we'll have a live report from wall street. then two local defense attorneys react to o.j. simpson being granted parole. hear what their advice is to the former pro-football star. >> also, inventor elan must being plans to bring the future of high speed travel to philadelphia. but apparently that may be news to some officials here, that plus katie's forecast when we come back. >> here's what you need to know zero start your day in the morning minute, today is friday, july 21. >> a wheelchair bound man is shot and killed during a violent home invasion in tioga. >> as this gunfire errupted, there was a family in upstairs portion of this home, a woman and four children. >> a powerful earthquake rocks a greek resort town, killing at least two people, and injuring more than 100 others. >> i do vote to grant parole. >> thank you. >> o.j. simpson is almost a free man, former football star could walk out every prison as early as october 1st. >>> travel from new york to dc in 29 mi

that includes a number of big oil companies like chevron and exxon mobil. industrial names like caterpillar and tech sites like facebook and amazon. that's just the tip of the iceberg. next week will be b crucial to watch because so far, analysts have high hopes for the season. second quarter earnings are expected to jump almost 10% from last quarter. that's up from 8% at start of earnings season from the second quarter. revenues are also picking up. that's why the stock market's up. more customers compopeting on earnings by more than unususualt the growth is confined to two t sector b the single biggest contributor and tech stocks have been the biggest winners so far. tech earnings are expected to be up 16%. keep an eye on energy. everyone has gotten the price of oil wrong this year. jacked up estimates because they assumed oil would be $60 now, but stuck in the mid 40 range and those earnings estimates have been coming down. that's why energy stocks have been down this year. for nightly busine"nightly busi w is the administration's new communications dire

neil: earnings the focus, chevron and exxon mobil expected to report, $.87 a share, x and mobile reportings been a game changer after the discovery of a massive natural gas field, director general of the israel ministry of finance is with us, thanks for joining us. is real becoming a big player in the region, inking several natural gas deals in european countries, tell us how important this is. >> quite important. since we found reservoir we have been investing a lot of money in private company to get the gas out. it will constitute approximately 70% to 80% of our electricity in the near future and a lot of royalty we will get out of it so it is essential for our economy. >> one of the most fascinating things about your economy is you have such a trained and skilled labor force and that goes back to how people have to serve in the military, look at unit 8200, the best companies whether it is palo alto, cybertek point, can you talk about the effect of how employers are coming over? >> definitely. you see what happened with cyber, more than 15% of cyberinvestments in the world are done today

court has rejected claims against the company but the chevrons opponents just like the opponents of exxon mobil which also reported.

like exxon mobil but also boeing and ford this new bill could also complicate european energy ties with russia that's big in the news there are fears that it could disrupt the major joint project the north stream to pipeline is designed to pump gas from russia to europe part of the baltic sea companies from germany austria france or the netherlands are paying half of it's cost a huge amount investing almost five billion euro in the project cullom open next looks at the reaction to these new anti russian measures. the new sanctions targeting russia north korea and iran are not exactly a big hit in europe the head of the e.u. commission decided to give the world a piece of his mind the u.s. bill could have unintended unilateral affect the impact the e.u. use energy security interests america first kind of mean that europe's interests come last yes everybody has their own agenda and right now the usa is having a hard time getting everyone else to play ball take a look at north korea right now their economy is booming the best it's been in seventeen years at least that's according to estima

companies like chevron and exxon mobil, are accused of knowing for years that using fossil fuels increases global warming. the melting of ice caps and higher sea levels. this lawsuit claims these companies hit that information and try to discredit scientific studies. marin county says that 12,000 homes valued at $16 billion are at risk because of rising sea levels. so far there's been no comment by the energy companies. >>> a federal atf investigator searched for the cause of that huge construction fire in oakland earlier this month. many are wondering if it was deliberately set and if it was done by someone opposing gentrification and new development. candace nguyen spoke to some of the people on the front lines of the debate over affordable housing. >> reporter: eight months pregnant, she says almost losing her home near the alta waverly construction site was the scariest moment of her life. >> i never experienced something like this. even though the new market value units would open house and she cannot afford, she says she wasn't afraid of being pushed out. >> i love it. i looked at th

here because they aren't really not affected their businesses except very big oil companies like exxon mobil which have been criticized for doing deals with with russian companies they didn't really affect it as much as europe and europe has to in fact in fact remain fact ignore some of the sanctions because the american the house of representatives and senators who say this is legislation passed by united states and then european union they say you please vision and say well that's ok for you but it's going to cost is too much and we can't really exceed to some of these sanctions and therefore we are split here and this is the worst possible scenario because the americans and the european union should really be singing from it in song book on russia to agree on russia because you have the problem of ukraine you have the problem of syria and so on and there seems to be a widening gulf but the politics the politics of the situation is that the house of representatives of the senate one two in fact restrict president trumps ability to do any deal with russia on his own as president and you may

and exxon mobil have been lobbying against the new measures in the u.s. congress so to have big manufacturers like boeing and ford more on that now from peter oliver. all of the potential impact that these sanctions could have on both the the business and energy sectors here in europe that has e.u. officials hot under the collar there are potentially huge fines for e.u. businesses that would enter into energy projects with russia many of those blue chip european companies of course are heavily involved there what we've heard from the german foreign ministry is them saying that it can't be accepted that the industrial policy of another nation be passed off as sanctions while the german government spokesperson also came out saying that industry can't be targeted and if there will be a response if the sanctions or when the sanctions go through it's not just the germans though the french foreign ministry issued a statement saying that well they believe that the sanctions impacted upon the rights of private individuals as well as corporate entities to an exten

the treasury department fined exxon-mobil $2 million today for violating u.s. tions in 2014 when it signed contracts with a black-listed russian oil executive. rex tillerson was exxon's c.e.o. at the time and called sanctions "ineffective." now-secretary of state tillerson supports keeping them in place -ttil russia gives back crimea. john mccain, the six-term senator from arizona, 2008 republican presidential candidate, and vietnam war hero, is fighting the biggest battle of his life. the enemy, an aggressive form of brain cancer. here's chief congressional correspondent nancy cordes. >> we're rooting for you, dear friend. >> if anybody is going to beat a disease like this, it's going to e joohn mccain. >> reporter: senator mccain put up with the emotion for about 12 hours. the last straw was this tribute thom his friend, lindsey graham. >> i can't think of anything i've done since 1999, politically, in many ways personally, that was worth doing without john. >> reporter: mccain, recovering in phoenix, intervened. >> he has called me three times is morning. "no

. >> first up in what could shape up to be a battle of titans exxon mobil has slapped the united stateswith a lawsuit over sanctions. the absolute blasts thete blaste $2 million for old deal with a russian company. exxon signed the deal a few weeks after the government imposed sanctions on russia for interfering with the situation in ukraine. the government said exxon demonstrated reckless disregard for u.s. sanctions requirement. >> today could mark a huge step for the path to approval for the atlantic coast pipeline. federal regulators expected to release the final environmental impact statement. the 600-mile pipeline would run from west virginia through virginia and then into north carolina. critics say the pipe isn't safe to build in that mountainous terrain and could create mudslides and other impacts. if approved construction could begin this fall. >> family and friends mourning the loves linkin park frontman chester bennington. he hanged himself. he was found by an employee. he's survived by his wife and six children. they were not home when his body was found. bennington's suici

and exxon mobil but of boeing and ford also worried no two however u.s. sanctions are not always very effective let's take the example of north korea for instance south korea's central bank estimates that last year its neighbors a commie group of almost four percent after bouncing back from a downturn in twenty fifteen also boosted its exports too and it's not just north korea that see the degree of economic success look at these countries ran for instance forced to diversify its economy and find new trading partners as a way of coping colored mopin explains bit more new sanctions targeting russia north korea and iran are not exactly a big here in europe the head of the e.u. commission decided to give the world a piece of his mind the u.s. bill could have unintended unilateral effects that impact the use energy security interests america first kind of mean that europe's interests come last yes everybody has their own agenda and right now the usa is having a hard time getting everyone else to play ball take a look at north korea right now their economy is

international usa for example supposedly dedicated to combating corruption receives corporate grants from exxon mobil citi group raytheon and bechtel corp the sierra club has received twenty five million dollars from the natural gas industry leading civil rights groups including the n.w. c.p. and the national urban league have been heavily bankrolled by the telecom industry making them unlikely partner in the effort to kill that neutrality the american diabetes association is underwritten by grants from coca-cola and oscar meyer process to be the american heart association excepts money from the national cattlemen's beef association and a v.a. poor and domino's pizza r t correspondent on your part looks at how the animal agriculture industry has silenced non-profits. we think about climate change which contributing factors do you blame the most we are taught if we want to mitigate our damage on the planet we should drive less change our life all that and recycle but in two thousand and ten a report by the united nations environment program concluded that to defend against climate change the world nee

this bill that didn't work but the names on the list include of course energy giant such as be an exxon mobil but also other big multinational search is ford and boeing as well so i think it stands we're still going to have to wait to see what the ultimate reaction will be from the european union if the sanctions go ahead plus hours. and could the nuclear option be triggered which would be the e.u. placing economic sanctions on the u.s. business it's certainly an option it's still on the table if you take what the german economy minister an energy minister had to say earlier on on thursday we're keeping an eye on this of course. however u.s. sanctions haven't always proven effective let's take north korea for instance last year the u.s. imposed its first standalone restrictions against pyongyang however that asian countries economy grew at the fastest pace for nearly two decades of sony according to estimates from south korea's central bank north korea's also boosted its exports and continues to develop its nuclear capabilities of course and it's not just p.r. nyang that seen a degree of econ