>>> breaking news tonight the chemical inferno exploding at an exxonmobil plant, dozens injured at the scene, residents ordered to shelter in ple, black smoel filling the sky just miles from america's biggest cities. >>> the fighter jet crashing near death valley star wars canyon. the urgent search for the missing pilot. we have late details. >>> your money, the fed cutting rates for e first time in over a decade, what it means for everything from your mortgage to your cret cards and your car payments. >>> high stakes rematch, joe biden ama la harris facing hff again tonight afterer blistering attack in the first debate. biden vowing he won't be so polite this time. and the fireworks between the modates and progressives exposing the mo decratic divide. >>> disturbing body cam video shing a man's final moments restrained in ha cuffs by police after he called 911 for help. >> you're going to kill me. you're going to kill me. >> the officers overheard cracking jokes he was dying in their custody. tonight, his family says they want justice. >>> and a big plan ve uned to drive down the cost

. >>> the major explosion, the exxonmobile facility up in flames. more than three dozen hurt. families rushing to the scene. surrounding communities told to shelter in place. >>> the u.s. navy fighter jet crashing in california. the search and rescue at this hour. reports of multiple injuries on the ground. >>> late today, the powerful home explosion. authorities had just cleared the home. several mming the east right now. a treacherous commute. flights delayed from d.c. to philly, new york city up to boston. >>> the new image tonight, that delta pilot accused of trying to fly drunk. pulled off the flight just before takeoff. and what he allegedly did as he tried to pass through tsa. >>> tonight's big debate. joe biden, kamala harris and the rematch. and what biden says he's now prepared for this time. and the breakthrough moments on night one. >>> too dangerous rescues tonight. officers struggling to save two people trapped in the powerful current. hoth pull h.goes de > atourists, some of them american, on a boat when it catches fire. forced to decide, do they stay or do they

. >>> the major explosion, the exxonmobile facility up in flames. more than three dozen hurt.milies rushing to the scene. surrounding communities told to shelter in place. >>> the u.s. navy fighter jet crashing in california. the search and rescue at this hour. reports of multiple injuries on the ground. >>> late today, the powerful home explosion. authorities had just cleared the home. several mming the east right now. a treacherous commute. flights delayed from d.c. to

the top five are petrochina, exxonmobile, bp, sinopec, and royal dutch shell.nvestors used to love fossil-fuels as a way to make lots of money. but now many are frightened of holding stranded assets. investment is turning into divestment. investors s are reversing cour, shedding stocks and bonds in coal, gas, and other climate-killers. norway is taking it very seriously. its sovereign wealth fund is pursuing a program of divestment. how well is it working? reporter: norway's sovereign wealth fund has assets of nine trillion norwegian kroner. that's roughly a trillion euros. it's known as the oil fund. it invests worldwide, and is run by the centrtral bank. it w s set up 199990 d is n n the m of theund is tensureinthe. respsiblble nagement of vevenue om theheountryry oil and s resours for th benet of current anduturure generations. so what do resespoible management mean? the fund's investments have become a topic of heated debate. the norwegian parliament has barred i it from ownining stakn a range e of arms, tobobacco,d fossil-fuel firms. it hasadad to sell hol

apple, verizon, gm, exxonmobil and, oh, about 150 more companies set to open up their books.he pressure is on the fed holding its two-day policy meeting this week the markets expecting some say needing the first rate cut in more than ten years. now a former fed chair weighs in >>> on route to china, high level u.s. trade negotiations heading back to shanghai this week for the first high level talks since that trump/xi face to face last month what you need to expect coming up merger monday from big pharma to finance. the appetite for deals kicking in all around the world. >>> and disney doing something this year that no other studio has ever done before, oh, yeah, we still got five months to go in the year. so grab your e-ticket. it's monday, july 29th, "worldwide exchange" begins right now. ♪ y good morning, good afternoon, good evening and welcome from wherever in the world you may be watching i'm brian sullivan so happy to be back with you especially on this very busy monday bind us, shares of mylan labs, myl, stock is up 27% in the market deal with pfizer for their generic

conoco is it exxonmobil is still better in terms of what they own and the cash flows that they've gotand the dividend when you put all that together, there are better names in the space right now that still have even more up side. >> anybody own conoco phillips >> no. >> anybody own any of the big integrated -- >> exxonmobil. >> west texas intermediate can't get out of the 50s it can't sustain it above 60 and this is in the face of problems with iran, russia, libya, venezuela, across the board. why can't oil go higher? it's because of shale production that's a longer discussion but right now oil isn't going higher and until it does, these integrated oil companies aren't going higher anyway. for me, i want royal dutch shell, a 5.8% dividend conoco phillips is fine. what is it 1.2% dividend yield i have to get paid while i'm waiting. we may be waiting for a long time for oil prices to go higher >> brenda, you're out west ever drive across the san mateo bridge and visit chevron >> after the big breakup fee they got more recently -- >> a billion for doing nothing on the occidental deal >>

fortunately, all of our refineries, including exxonmobil and all the others onshore in the gulf and the coast, get their product many different ways. we have a vast pipeline infrastructure so lng for the natural gas, they can bring in through pipeline from texas as well as the gulf of mexico, so they've got different ways to bring the product in and same thing goes for exxon and the other, you know, petro chemical refineries. we can get it by rail, by pipeline, and obviously we're not getting much by ship right now. the mississippi river's closed. so because of that, we are going to access it the other ways and hopefully be able to keep the fuel being manufactured and sent all over the country to power this nation. liz: please stay safe, to you and your team. thank you for taking the time to come on fox business. >> thank you. liz: i think what he's saying is really interesting. we are looking at lng, the ticker symbol, big natural gas company, up three quarters of a percent. not much impact. >>> you can see right there, derco, the lockheed martin division in milwaukee making aerospace

. >>> breaking news tonight the chemical inferno exploding at an exxonmobil plant, dozens injured at the scene, residents ordered to shelter in ple, black smoel filling the sky just miles from america's biggest cities. >>> the fighter jet crashing near death valley star wars canyon. the urgent search for the missing pilot. we have late details. >>> your money, the fed cutting rates for e first time in over a decade, what it means for everything from your mortgage to your cret cards and your car payments. >>> high stakes rematch, joe biden ama la harris facing hff again tonight afterer blistering attack in the first debate. biden vowing he won't be so polite this time. and the fireworks between the modates

apple, verizon, gm, exxonmobil and, oh, about 150 more companies set to open up their books.d holding its two-day policy meeting this week the markets expecting some say needing the first rate cut in more than ten years. now a former fed chair weighs in >>> on route to china, high level u.s. trade negotiations heading back to shanghai this week for the first high level talks since that trump/xi face to face last month what you nee

exxonmobil is down about 10%. chevron has gained about 7.25% since 2017 when he took over.ake energy, down 72%. >>> all right. let us talk about the trade situation with china and people are actually calling it the trade truce. with the closing bell ringing in 19 minutes and the dow jones industrials hovering lower by about 100 points, as the president makes his pitch on the environment, the markets are awaiting any positive news on trade deals with china. whatever they may be. edward lawrence has details on a crucial week ahead as we wait for the next face-to-face meeting between the two sides. that's straight ahead on "the claman countdown." >>> don't forget to download my new podcast, everyone talks to liz. this week, we are heading to hollywood for the most unbelievable story out of tinsel town. from, well, rags is a little bit of an overstatement but poverty to real riches. we are talking to the ceo of imax. find us at apple and google podcasts and fox news podcasts. "countdown" is coming right back. i had no idea why my mouth was constantly dry. it gave me bad breath.

apple, mastercard, fisa, general motors, exxonmobil among many others.mpany for wall street darling, beyond meat. that stock is up more than 700% since going public earlier this year. in new york i'm christine romans. >>> now just a couple days before our big democratic debate here in detroit, to 2020 candidate bernie sanders boarded a bus this morning from detroit to canada hoping to draw attention to the plight of diabetes patients who raegularl make this trip because insulin, the life-saving drug they need, is cheaper across the northern border. he took on big pharma before boarding that bus. >> somebody goes out and shoots somebody, they're called a murderer. we all agree with that. put them away. but what happens -- what happens if somebody runs a pharmaceutical industry and artificially jacks up the price -- >> murderer! >> sanders says insulin is one-tenth of the price in canada as it is in the u.s. and he accused drug company executives of, quote, unbelievable greed. with three front-runners over the age of 70, is age really just a number? here's

scientist in america, with the exception of those who are bought by the koch brothers, bought by exxonmobil, bout by the fossil fuel companies, they disagree with that. every scientist agrees that this is going to happen. so from my perspective, what we're seeing is something that is deadly. the forest fires, the extreme heat waves, the supercharged hurricanes, the biblical flooding -- all of it is happening as a result of what human beings are doing to our own planet. global temperatures are rising like a runaway freight train. this month is on track to be the hottest month on earth ever recorded. can i say that again? the month of july in 2019 is on track to be the hottest month ever recorded in the history of our planet. last month was the hottest june in recorded history. every month so far in 2019 has been in the top five hottest on record. the last five years have been the hottest five years ever recorded. 20 of the last 22 years have been the hottest ever recorded. this is not a drill. this is an emergency, and it's an emergency that has an answer in deploying wind and solar and ne

investors believe we're a wash in oil and the smart fun surfaces and knocks them back down take exxonmobilt at 4:45 a.m. today, i'm back to my old sleeping habits, exxon was trading up a buck 75 later exxon opened up 50 cents and closed down seven cents. incredible if you bought the oil this morning, you got fleeced don't keep making the same mistake, people. the price of crude can go up but probably can't stay up which is why the sellers always seem to overwhelm the buyers in the oil stocks and the sellers are right. look, in the last five years america increased its oil production to 12.1 million barrel as day. over the next five years we could reach 17 million barrels a day. maybe more we had him on the show and predictions terrified me because when we own oil stocks, they have been duds if he's right, they will keep being duds fortunately for members of the ax alert plus.com club, they owned anadarko but it might have been a disaster. let's go back to the 12 million barrels a day of domestic production heading to 17 the problem is there is only so much demand for oil. and governments a

. ♪ >>> apollo 11 anniversary is brought you by exxonmobil. >> happening at the white house, presidentp commemorating the a 50th anniversary of the "apollo 11." the families of "apollo 11" astronauts buzz aldrin, michael collins, are all there. tomorrow of course marks 50 years to the day that armstrong and aldrin walked on the moon and nbc's tom costello is live in washington with when we could go back to the moon and the answer -- i guess, tom, is soon, huh? >> it could be soon. here's the cover of "time" magazine. if you haven't seen it this is a great cover story. it's all about what could happen next for nasa around everybody -- and everybody else. nasa wants to go back in 2024 and nasa has lots of competition. other countries an private companies all with their eyes on a lunar mission. it was 47 years ago when the last astronauts left the lunar surface. since then, humans haven't ventured beyond the earth orbiting space station but with the discovery of ice and water, the moon is suddenly hot again. >> this is blue moon. >> reporter: billionaire jeff bezos unveiling the spaceship

it's an exxonmobil complex that you see there and the company says it's dealing with the fire, and therenot a shelter in place as of yet. we will keep an eye on this and bring you updates as they come in. a lot of flames and smoke. we will stay on it. hopefully everybody's out of the way there. a number of house lawmakers calling for in impeachment grows continually. as of today, the democratic caucus is just four members shy of a majority, backing proceedings against president trump. yesterday, senate minority leader chuck schumer said he supports house speaker nancy pelosi's efforts to resist the impeachment push despite some members of his own leadership team calling on the house to open an impeachment inquiry. joining me now, house minority leader kevin mccarthy. great to have you on the program. can we do start with where the facts are here? and impeachment inquiry is not the same thing as impeachment proceedings. is there a little slip of hand here? and how it's being put forth politically by democrats? >> if they want to have impeachment without saying the word. remember nadler, h

i'm talking about chevron, exxonmobil, shall petroleum, the same national lobbying entities that are fighting plastic bag regulations and are working with alec to preempt, most recently in the state of tennessee, any regulation of plastic disposal and i am sure that they will work to poke holes in our policies and this piece of legislation. but the data is truly disturbing in the late 1960s, less than 25 million tons of plastic were produced each year in the night it states. by the 80s, that production had doubled to over 50 million tons. by the nineties, it doubled again to over 100 million tons. today, the plastic industry, which as i said earlier is estimated to be worth more than $4 trillion, it generates more than 300 million tons of plastic a year, nearly half of which is designed to be single use plastic where. we tend, erroneously, to think of plastic as recyclable, but this has turned out, in large part, to be a con of the plastic industry. the vast majority of the 8.3 billion metric tons of plastic produced, almost 80% has ended up in landfills or polluted our planet. accor

which is at the exxonmobil plant this fire and as we pull out you can see. this fire started earlier this morning. they say there's no shelter in place that's been ordered because of this fire at the refinery plant there this is happening outside of houston texas. we'll keep you posted we'll be right back. i mean, if you haven't thought about switching to geico, frankly, you're missing out. uh... the mobile app makes it easy to manage your policy, even way out here. your marshmallow's... get digital id cards, emergency roadside service, even file a... whoa. whoa. whoa. whoa. whoa. whoa! oops, that cheeky little thing got away from me. my bad. geico. it's easy to manage your policy whenever, wherever. can i trouble you for another marshmallow? heart-stopping video of a child who fell from the 6th floor of a building a high a rise in china. he's ok take a look. >>caught on video check it out there's the child clinging from the balcony of the us apartment and look on the left side you see. the wind blood or their the and he was he caught below neighbors had a c

and this just in to the newsroom an explosion occurred at the exxonmobil baytown, texas, facility firefighters are on the scene. they have no indication of a cause for that blast and as you look at that live picture, you can see that there are a lot of flames. it's still very much a fluid situation. currently there are no injuries. and there is no shelter in place order. but it has moved gasoline spot prices higher at this hour, scott. so we're watching that market reaction as well back to you. >> sue, we'll continue to do that we appreciate that >>> meantime, apple shares powering the dow today following its earnings report. our next guest, one of several analysts raising price targets for the stock. tony sacconaghi joins us once again following earnings you raised the price target today but below where the stock is currently trading you are pleased, but not that much >> look, i think the risk/reward on apple is balanced at current levels we have the stock relative to the market trading at about a five-year high and there's still a lot of uncertainty about next year. apple is going to be comi

and turkey but significant amount exxonmobil and the interests of key allies in greece, israel all of whom are key partners. . . russia seeks to undermine u.s. interest in the region. we need to enact policies that strengthen our relationship with cyprus and counteract dangerous threats in the region in the eastern mediterranean. the inability to defend its sovereignty and its economic interests threatens our own national security. lifting the arms embargo will have cyprus establish itself as a frontline state, defend itself from external threats and ensure cyprus is no longer forced to seek assistance from countries like russia. it will make regional cooperation smoother for the united states to ensure our partners can have compatible defense systems and training from the u.s. military. my amendment will make sure cyprus will have the equipment necessary to help the u.s. combat terrorism, international crime, and protect significant natural gas fines. the senate has already taken up this issue and passed language to repeal the embargo with bipartisan support during the consideration

ple, exxonmobil, merck, and virginia. strong like june or weak like may? july's employment data released on friday. beyond jobs gains and the unemployment rate, investors will be watching average hourly wages for signs of inflation. finally, car chases aplenty coming to a theater near you. "hobbs & shaw" is a spinoff of the fast and "furious" movies. early estimates call for a $65 million opening weekend, which might be enough to unseat current box office champion disney's "the lion king." universal and cnbc are both units of come cost. get all your business news on cnbc. >>> we have much more ahead on "news4 today." >> it includes anr- hou-hour look at your forecast with storm team4 meteorologist lauryn ricketts. 73 degrees as weac appro the 7:00 hour. but a heat wave, yes, another one could be on the way. we will check in with lauryn when we come back. st with us. the world is changing at a rate like never before. so, why isn't education? raise your hand if you could use an education that's actually modern, actually affordable, and actually personal? if

are a rocket struck inside a compound that housed contractor employees of exxonmobil. i'd say that's an emergency and a threat to life. iran shot down a u.s. military asset over international waters. i'd say that's an emergency. and just last week three iranian paramilitary vessels tried to impede the passage of a british oil tanker transiting the straights of hormuz and i would say that is -- straits of or muzz and i would say that's an emergency and a threat to life. even as iran continues to threaten international shipping and civilians in the middle east, there are members of this body who want to create doubts about the commitments that we have to our partners on the front lines. now, for saudi arabia and the united arab emirates, this is not an abstract threat. it is their tankers that are being attacked, their airports that are being targeted, their oil fields. now, our bilateral relationship with saudi arabia and the united arab emirates, undoubtedly it is complicated and we absolutely have to impress -- press for improvements in domestic human rights for both

. >> it can and we're already seeing that some of the exxonmobil and couple of other companies are outtarting production. and it is almost amazing to me had you consider the fact of what they have to do to get all of the people off these platforms out in gulf of mexico safely. if the production gets out of harms way moving thing he is around and immediately after the storm almost within -- you know 24 hours of 48 hours they'll be back to full production it is just amazing. >> good morning. phil it is mitch rochelle where's the play of supply and demand of oil not just the domestic supply that we have but also if you look at more globally. >> you know globally if you listen to international energy they're sayings there's plenty of supply and by 2020 international oil glut. but that prediction really comes with a really negative outlook for the global economy. you know they're looking at a some short-term data telling us that they think that demand growth is going to, you know, stop because of u.s. china trade war. i don't think they're taking into consideration all a of the symptom plus