david: he has 6-iron. beg your pardon. he has 7-iron. it's 197 yards.: he can go at it hard and release its with seven. david: that would work. ian: smart play, david. bill: that really forces tom gillis to hit a miracle shot. david: that was a big boy shot there from jordan, too. he just took the right back bunker out of play there with that. bill: we talk about his golfing skills but he just thinks his way around the course just so effectively, which is surprising for a guy just 21 years old. ian: i agree. and david he looks relaxed and confident just like he belongs in this position. david: he has the most perfect attitude i think i've ever seen.

rishaad: do you have any projections for iron ore prices?uest: we have lots of projections and we run a series of dekes and our analysis. we don't make those hugely public as you can imagine. i think we will definitely see volatility continue. but i don't think for my personal perspective that any price movement below where it is i do seeattainable so a position of consolidation where we are today and hopefully an improvement. rishaad: thank you very much. have a great weekend. stories making headlines, the u.s. saying that the murders of four u.s. marines and chattanooga was an act of domestic terrorism. the killer is also dead. he is identified as a 24-year-old of kuwaiti origin. the shootings happened at two basis. a soldier and a police officer were also wounded. japan has taken the next step toward a proactive defense despite protests inside parliament and on the streets outside. defying opponents, prime minister shinzo abe a paved the way. he wants to give the military freedom to defend japan's allies and participate in a international

next, iron horse taking a tumble. looks like smaller producers in forralia should brace tougher times ahead. live in sydney for the details when we return. yvonne: welcome back. the recent slide in the price of iron is set to continue. from australia climbs to a record. let's get to paul allen in sydney for more. more than 5%l by yesterday. more pain on the way for australia's iron players. >> the small players will feel it the most. at the time, the ceo said they will be able to sustain at a price of $40 per ton. shipments it a record in june of 14%. that was outstripping the old record would -- which was set in may. -- the price of iron or did rise. exports did not meet expectations but normal services resumed. we assume the price drop by 6% on thursday, which was its biggest fall in more than a year. to make things worse, there is even more supply still to come. paul: the government itself expects exports to rise by 10% in 2016. rio tinto continues to expand. will player on the scene finally begin shipments later t

you have a weak demand picture for iron ore in china.have seen iron or fall by 26% this year, we still have this issue where we could have iron ore prices go even further low than they are right now. manus: i know that you like oil, ryan. ryan: you have a fundamental story there. iran is back online. the iranians are saying we want to take back our market share, your respective of the price we have to do it at. they could contribute to the existing glut of oil we have around the globe today. you have wti going below $50 per barrel. shale producers have proved pretty resilient, haven't they? manus: absolutely. if the commodities continue will the fed stick to its 2015 rate hike guidance? it is a fairly straightforward question. does it impact the market at all? we will wait and see if physical will beat fiat currency. tim, great to have you in the hot seat. to an investment manager, what does it mean to you? how do you interpret it? >> it is not surprising that you have all the commodities going down in one go. it is largely because the e

maybe iron ore is not either. steven: you hear people go through cycles where they have this constraint you will never see any sort of production growth and we will run out of things and suddenly, you get the opposite. the reality is is that many firms have fixed production costs and they are trying to minimize their losses in a down cycle. tom: the cardinal rule is when variable cost becomes your next cost. steven: despite the fact that production is strong in the petroleum your, the petroleum sector is in a recession. you can see that in investment. you can see that in the inverse profit dynamic. you can see that in employment. in the first half of 2015, energy-related capex in the united states is probably drag down economic growth i 0.75%. vonnie: if the long-term investments are not happening what should investor do? steven: right now, we are at peak summer driving demand. refiners are pulling in in the united states half a million heralds per day which is more than usual for seasonal reasons to pull up a dem

see, they had to keep track of how many shots the iron guns fired, because iron guns at this time period only had a life span of about 12 or 1300 shots. beyond that too much damage had been done to the interior of the gun, so that it would shatter. so this gun, for me it's important, because in the 1702 siege, there are four spanish soldiers killed in the entirety of this 51-day siege. this gun here accounts for three of them. 1702 is also of note because it's pretty much how we got the city we have today, because the english, upon realizing the siege was over help got here from cuba, they didn't want to face that, so they set fire to the city burned it to the ground and marched out. the spanish go back into town see the ruins and declare victory. they hold st. augustine and what's left it but they have to rebuild the city. that's how we get the city we have today. because there are actually 30 buildings in town now today that can trace their heritage, either the core of the building the foundation, or in some cases almost the whole building back to those decades right after 1702. this i

plus he's called the iron cowboy. he's counting on people in pennsylvania to help him swim bike, and run more than 140 miles today and he's got other stops. we'll explain coming up. >>> hang now, a father who is considered a person of interest in the disappearance of his 6 6-month-old daughter is a focus of a manhunt in northern california. matthew gram stole a gun from his mother and took off friday. he left shortly after officers found a pacifier in a remote area where they have been looking for the baby. police say he gave inconsistent statements about the disappearance. now to decision 2016. hillary clinton now has the support of the american federation of teachers. it's the first major labor union to make a presidential endorsement in the campaign. she is one of five democrats running for the white house. she expected to lay out the economic plan tomorrow focusing on boosting middle class income. now to the prenz. donald trump is again criticizing u.s. bored eastern trade policy. the billionaire businessman spoke

most to be paid by flat iron.lat iron sent a statement saying we'll continue to cooperate during this process. caltrans said this. safety remains caltrans' top priority. we'll continue to work to ensure the safest work place possible while we move forward on this critical project. the collapsed section has been rebuilt. flat iron will pay additional costs. caltrans estimates it will cost taxpayers $300 million. there is no word on whether the companies or caltrans will appeal. >>> in the north bay a bridge will be moved close to cars and trucks so it can be replaced. it will turn into a bridge for bicycles and pedestrians only. a new span will be built next to it. the current bridge is 98 years old, and considered historic. the replacement is expected to cost $5.5 million paid for with federal funding. construction could start in the spring of 2017. >>> need a job? well golden state is hiring to fill thousands of full time jobs with the state. correctional officers auditors and certified nursing asis stance writte

iron ore is down. australia will be hit quite bad . and this. i mean, you have futures a little bit higher, but i mean you look at these three. these were limit down yesterday. that is a little bit lower. let me end with this -- volatility. this next board basically tells you it will not be a good day in the markets. everything from wall street to hong kong. look at the nikkei, up 30% yesterday. we are talking about all of these broad things, but steve, you were talking to some of these investors yesterday's. what did they have to say? the feeling on the ground is a little bit of frustration because not only are there 1300 plus companies that have halted their shares, but then there are all those other companies that are limit down. so, thereofre, th -- therefore they are untradeable as well. 70% of stocks were untradable at any given time yesterday. we were outside a brokerage trying to talk to some of the people coming to check on their portfolios. and many of them could not trade. also in beijing, and this is typical in beijing, many people t

most to be paid by flat iron. sent a statement saying we'll continue to cooperate during this process. caltrans said this. safety remains caltrans' top priority. we'll continue to work to ensure the safest work place possible while we move forward on this critical project. the collapsed section has been rebuilt. flat iron will pay additional costs. caltrans estimates it will cost taxpayers $300 million. there is no word on whether the companies or caltrans will appeal. >>> in the north bay a bridge will be moved close to cars and trucks so it can be replaced. it will turn into a bridge for bicycles and pedestrians only. a new span will be built next to it. the current bridge is 98 years old, and considered historic. the replacement is expected to cost $5.5 million paid for with federal funding. construction could start in the spring of 2017. >>> need a job? well golden state is hiring to fill thousands of full time jobs with the state. correctional officers auditors and certified nursing asis stance written exams

we are down to $55 per tone for iran or -- ton for iron ore. the government is forecasting a 10% rise in exports next year and later in the year we have a new player, the mine which is then many years in the making which will start shipping in 2014. the outlook is similarly grim, ton.orecasting $50 per looking bleaker. that is having a lot of pressure on minors today. fortis q down 5% in early trade. paulad: base for that, allen in sydney. let's look at the other stories we are following today. juliet as the roundup. claims thatimf greece will need another 40 to makeu.s. dollars debt sustainable as the country prepares for sunday's referendum. an.ce fired pepper gas the prime minister continues to urge greece to vote no. european leaders are bracing for more political upheaval, whatever the outcome. there is noaying easy way of restarting financial aid. u.s. jobture on the front with employers hiring more workers as wages stagnate. 200-3000 jobs- were added last month but more -- 200 and 3000 jobs were added just remainut we stagnant. 203,000 j

the low price of iron ore. the hp happy to play the volume game. good story for petroleum as well. was all really clouded by the announcement of the underlying hit. they also took a hit on the dim e-merger of south 32. reporting, a mixed bag for them. aluminum production down. manganese performing strongly for south 32. shares just a fraction off in early trade. thanks for that. let's have a look at some of the other stories we are keeping tabs on. yvonne with the wrap up. yvonne: the recent earthquake in china sending tremors. cognac, taking the hit. china bearing the blunt for some of the bad in numbers. the company said wholesalers continue hold back on cognac orders. take a look at the exposures from names like young brand. they get half of their sales from china. the french supermarket operator chinese customers are spending less when they shop. customers and investors betting for a rebound with names like netflix looking to enter china next year. sharesalk about toshiba, trading higher after the president

by today he would hold out. >>> athletes that compete in triathlons are elite and those that do the iron mans are the elite of the elite. jeff skversky introduces us to one who runs for the sake of others. >> every stroke and ever step and ever spin kelly takes has a purpose. he does triathlons to help fight multiple my home a, the second form of -- and runs another 26.2 miles in honor of her aunt mary who suffers from the disease. she competes in memory of her friend car awho just died of breast cancer at the age of 44 whenever she gets tired they reads this note from kara, i remember her voice and her cheering me on and it pushes me through. >> engelson is gearing up for the lake placed iron man competition, she will put a temporary tattoo of her name on her body. >> i'll look down and see my aunt mary's name and kara's name and this is my choice and i will not complain for one second of this race. one step, one spin one stroke at a time she hopes to reach the goal and the finish line and kiss cancer good-bye. >> jeff skversky channel 6 "action news" can you put more information on 6ab

an iron man triath lon. 2.4 mile swim and 112 bike ride and a full marathon on the end. major smiley braved record heat to do the rest. and that is in spokecan washington. and it is great to have you on the program and congratulations finishing the iron man. >> it is very good to be done. >> i bet. two weeks later, you are feeling good and ready for the next adventure and bring us back to 2005. it is ten years since the injury and what happen then and what did you recover from. >>? iraq i was found a mission to find a suicide car bomb and i found myself in front of a suspicious vehicle and the man had blown himself up and spending chapinal. i woke up bloind and half of my body was partially paralyzed and i thought my life was over and i have no reason to live or fight or do something. but it was the love of my wife and family and friends and god that inspired me to drive on and forgive and push forward in life and to continue to fight and eventually to serve. >> we thank you for your service. and how did you go from those moments and waking up one day, you know what i wi

james lawrence is known as the iron cowboy.e was in delaware today completing his 28th iron man. get this, his goal is to complete 50 iron mans in 50 states in just 50 days. >> whew. >> the best part, you can join in also. >> you can join in. he's doing a 2.4-mile swim every morning, 112 bike ride an marathon at the end and anyone that wants to join in can come join in and enjoy the fun. >> two and a half mile swim, 112-mile bike ride, a marathon every day all proceeds generated from lawrence's trek will benefit the jamie oliver foundation. lawrence's iron man for tomorrow is next door in new jersey. >> pretty incredible. there's only one other person i could see completing something like this, cecily tynan. >> yeah. >> i did two iron mans in my lifetime. both of them took me almost 11 hours to complete and about month to recover from so i can't see 50 days. good luck to him. meantime today a great day to get outside maybe do some biking or swimming or just doing this. we are live on sky6 taking a look at cape may where the bea

most of it to be paid by flat iron. flat iron sent statement saying it is exited to keeping our project as safe as possible and we'll continue to cooperate during this process. cal-trans said this. safety remains cal-trans top priority and we'll continue to work withal osha and our contractors to ensure the safest work place possible while we manufacture forward on the critical project forward on the critical project. collapse section has now been rebuilt. flat iron will pay additional cost. cal trans estimates the entire 6 mile bypass will cost taxpayers 300 million dollars. silver gates had no comment and no word on whether company oracle transwill appeal. >> patients who bought health insurance will be paying a bit more next year. average premium rise 4 percent slightly less than the 4.2 percent jump consumer is a you in 2015. avoid changing plans. officials say the exchange is paragraph the obama administration affordable care act is working. >> well the smarter you are the longer you may live. that's according to r

presents the least costs amongst the alternatives the state funding is key to that purpose and the iron is hot so it must be struck we have an application deadline in august so as i mentioned at the outset the action by the whole board by this committee certainly today and the whole board next week is critically important to earn guessing that consideration for the $80 million work so finally just to restate the resolution action before you today. >> thank you tir. >> mr. rose before we go to our report supervisor kim. >> if i can ask a couple of questions for mr. harris and have photocopy questions but i'll wait until the report. >> i want to ask you quickly you ended with our alternatives when were those alternatives last vetted like the retrofit of c.j. number 6. >> we'll looked at those scenarios within the last three or four months. >> when i spoke yesterday with the controller's office mined the last time we examined the cost of retrofitting c.j. was years ago where did it come from. >> from the examination of three to four months. >> pardon. >> you contemplated the retrofitting.

goldman sachs has a story saying china is oversupplied with iron ore. you heard david allude to the strong dollar. it's also fundamentals. iron or they are suffering along with commodities. gold is something still worth talking about. you basically had three pickup trucks worth of gold sold at 2:00 in the morning london time. that prompted a big selloff in gold. then it recovered. today it is back down. gold trading at $1100 an ounce. gold is taking a big hit, trading at five year lows. finally, i have got to mention oil. this looks like we are maybe moving into an even newer one than we were. the fundamentals people are pointing to is iran. the concern is iran will contribute to the glut we already have in global oil markets. >> let's get the investors take. great to have you with us. the commodities story, the route of the last few weeks. we have got to talk about earnings as well. have a macro discussion to begin with. the central banks are looking to hike quite soon. how does this play into what they would like to do and what they will actually do i

david: 6-iron. ian: 190 to the hole. david: good-looking shot, just left. he can't see where it's finished. the crowd not going berserk. it looked awful good from back here. ian: right on line but it's 60 feet away, david. gary: david -- peter: david has an awkward lie awkward stance. he's going to try and stay short of the farthest left bunker and try a 100-yard fourth shot. ian: it usually goes high and left from that lie. ok this is where most of them were laying up earlier today for their seconds. he's going to have to do something pretty tasty from there. probably a full wedge left. full wedge full gap wedge programs around that 110 120 mark. peter: unfortunately we've seen a lot of three-putts where danny lee is too. so this is no over yet. ian: let's look at this shot. the ball well above his feet. up into the bank. breaks his wrists quickly nick. nick: that's all he could do. there's still plenty of permutations now. he's got an awkward wedge shot. we know how difficult it is to get onto that back plateau. had to really plant himself there but had t

what about the leader in iron?l he will hailed as a hero or someone that didn't stand strong against the u.s. >> generally speaking they have been in favor of this deal. it's ramadan right now, so nothing happens during the day, but there is anticipation there will be celebration in the streets. there has been some discussion about allowing some dancing in the streets. generally speaking there will be a celebration. that said iran was very clear about the things it will not allow, including a deal that doesn't lift the conventional weapons ban. well that is in place. they have to abide by the terms of this deal between five and eight years before a regular weapons ban is lifted. so there are complications back home. and it will be up to the ayatollah to say that he supports what happens or hedge a little bit. >> what about anti-u.s. sentiment, which apparently was very strong in iran during the days of the sanctions, and i suppose it still is or is it? >> yeah there's a hard liner faction in iran. they are there, t

you know for those of us who watch the situation for a long time ironically that might be the case with regard to that picture. it is an organization that had a long troubled history it was a funny joke and it's a shame he didn't take it that way. >> no he didn't. there's going to be an election apparently sepp blatter will step down. february, not that long, say short of a year from when actually this whole is scandal eruchted. is it tenable that sepp blatter will leave fifa after all this time? >> it's ironic, you have a man who announced he was resigning and reneged on an idea that he was resigning. we have to wait nine months for his departure. what's ironic is this is a man who has overseen this organization's very long history yet he deems himself right to oversee the reform of the organization. if we know anything from history it's that mr. blatter is exactly the wrong man to lead reform. >> do you think that's the last chance for fifa or us journalists we love to talk about it but actually when it's going to come round to the next world cup people will still love football and th

then there would have been a line of little iron hooks and eyes along the top of that wall. as you can see, it is braked a little bit, or has a right because the end of the tent where the door was located actually rises up a little bit . one of the things we saw in our original sus of the tent, when it was originally constructed, the doors were six inches lower and early in the process they had been cut and additional material added to raise a a little bit. we think about washington being about six foot to and just -- six foot two inches,, his hat maybe got knocked off one too many times, and he sent it back for repairs. there is tremendous information that can come from the examining these old objects centuries after they were produced. it is still revealing a lot of secrets as we continue our work. >> on january 26 president woodrow wilson signed the rocky mountain national park act creating a park which 100 years later spans 415 square miles in north-central colorado and up next we examined the creation of the 10th national park and this event, marking the centennial park

he is called the iron cowboy for a very good reason.orld record he just set. 50 "iron man" races, 50 races in 50 states. how does he do it? why did he do it? we'll ask him next. ♪ ♪. jenna: right now, quick look what is still to come this hour of "happening now." secretary of state john kerry and top members of the obama administration back on capitol hill selling the iran nuclear deal to skeptical lawmakers the we'll talk about a man who tiffed about the deal and what it could mean for terrorists overseas. >>> trainers at a fire academy providing a rare glimpse what it is like to battle a massive fire. why they did it and why it could save your life. >>> relatives of colorado movie theater shooter james holmes taking the stand for the first time hoping to spare his life. a live report on the emotional testimony straight ahead. jon: "fox business alert." taking a look at the dow, it has shaken off the chinese blues, up about 105 points right now after chinese stocks suffered the biggest one-day drop in more than eight years yesterday. t

one of the first problems -- >> behind the iron curtain. curtain.ot have fancy multitrack machines clicks got this big tape player and had to render it into a digital version which they then sat me down and started mixing. magical. but he explained that this was revolutionary. he thought the boundaries going in. the audience to not know what he was doing. he loved to interact. >> they don't understand english. he announced the band but the audience doesn't always talking about because they don't speak english. >> this translator finally translates to the audience. the crowd goes wild. the concert series really influence the rest of his career. bill: he died in may, may 14 a big fight over his estate. famous musician that has money. what about these tapes? >> master recording of it. then he will talk with the family. the money will go to charity with the family can fight over it. either way the history howard wants it to be out there for everybody. ♪ >> a graveyard historic treasure in the secret garden. all inside the oldest am in queens clicks this

iron on't want a lot of ore. a huge mismatch there. this is the chart you need when you want to find out about global growth when you wake up. >> i want to stay on china. be as bad as you think. investors may have gotten to negative on the underlying backdrop. what's critical here is that , above zero indicates data is stronger than anticipated, below zero indicates the data was worse. there was a big drop here in the first part of the second quarter, but since early june, a little bit of a recovery. it looks like we have bottomed out. alix: the disconnect between fundamentals in the markets. i want to bring in wells fargo securities strategist. thank you for joining us. today was a crazy day. what was your reaction? was pretty engrossed in what was happening between greece and china. i didn't notice at first. is that this is one other concern to add to a lot of and certainty that investors -- uncertainty that investors are facing. not here, but i did bring in a tweet. greece, china, u.s., trading foundmaybe markets have equilibrium. w

what an inspiration. >> incredible. >> he will be in an iron man after ride ago cross the country. >> that is great. >> thanks, stephanie. >>> still to come two local schools are getting a new shoes. >> nba superstar kobe bryant is using a local high school rivalry as inspiration for his new design, we will explain that. >>> and wawa winning the local favorite is earning high praise when it comes to a new national study where they rang in the top convenient stores in america. kate? >>> and what a beautiful day it is, storm scan three completely clear sunshine in our future, right through end of the week and into the weekend. i'll tell you how long this stretch of confidentable perfect summer weather will last leslie. >>> kate, it a has been a pretty good home stand for the phillies and once again they had some late innings magic to help them out. we will have very latest on jonathan papelbon's trade rumors coming up later in sports. iran keeps their nuclear facilities. military sites can go uninspected. restrictions end after 10 years. then iran could build a nuclear weapon in two mon

just signed up lake placid iron man. >> go beakers.need a fitbit now. >> get it going. >> keep abreast of what's going on with b.k.'s trading regimen. final trade. tim seymour. >> exxon reported today. capex cuts and a little more on buybacks. i think you've got a very important level at 79 to 80. i think it's going to hold this level. if not your rhys sak down to 72. over the course of 18 months you want to own this thing. >> sachlt eabs. >> zillow. letter z is going lower. it's going to 40 bucks over the next 12 months. it's a big -- big call out of cowan and i think in general that some growth is not accelerating the way it needs to to keep this multii am where it is. >> brian kelly. >> i think we could get a little bit of weakness in the dollar potentially to hedge the long dollars. buy gdx for a counter trend rally. >> guy. >> pfizer drug for a number of reasons we're not going to get into. go ahead, mel. >> i just want to say we have a very special guest tonight. my mother, victoria, is here with her friends, miranda, tom, anthon

james lawrence also known as the iron cowboy is trying to finish 50 iron man triathlons in 50 days inthe action cam was in camden delaware today for lawrence's 28th iron man. that's a 2.4-mile swim, a 112-mile bike ride and a 26.2-mile run. lawrence is raising money to fight childhood obesity. >> we have been picking up people since the beginning. it's growing. it's awesome people have become more aware of it. it's what we wanted. >> lawrence who is a father of five will do it all over again tomorrow in sea bright new jersey. he's expected to finish on july 25th in utah. >> wow. >> hard to even wrap your head around that. good for him. >>> good news for the sixers. the team saw a familiar face at practice today. >> jeff skversky is live at the "action news" sports center with more. hey, jeff. >> hey, guys, we're hoping it's good news. sixers rookie jahlil okafor has always been to joel embiid's house a few times hanging out playing video games together. the big question is when will the big guys play basketball together. the sixers still don't have an update on embiid's slowly healing

a rough time of it before in iron ore as well. yes, iron ore in focus.s fallen the lord the 40 --. dollar a mark level fallen and below the 40 u.s. dollar a mark level. i want to have a quick look at oil. oil has been falling due to risk off sentiment. 4% today. about if you look at the 30 day chart you can see these risk off appetites we have. a drop coming through. comingt to see these through particularly in the chinese equity market. gold normally a safe haven, today is is not moving too much. holding around 1153 u.s. dollars. today, they have not made too much movement coming through in the gold prices, holding pretty steady only down by .2 percent. iron or price really having a big impact on material stocks in china. indonesia's president is giving his cabinet a new decree. no more policy flip-flops. why is he having to say this? good morning. ever since he took office in october, the president has struggled to effectively spur the economy growing. the government has announced strapped policies including a s,nguage tax for ex-pat tollroad tax and a

the him a product's iron or a similar story for bhp, of more than 3%.well, the lowest cost iron or producer, also up by more than 3% this morning. it is not just a supply story. the other side of the coin is demand and china is just not importing the iron ore like it used to. this is a situation that rio tinto describes as the new normal and there is more supply coming on in australia as well open a mine will which will begin shipments later this year. bloom suggests the oversupply problem will persist well into national bloomberg suggests the -- bloomberg suggests the oversupply problem will persist well and to 25th -- 2017. rishaad: here is sherry. another deadline miss -- iran and world leaders working on the final details of it program in return for easing sanctions. a deal could come at any time, but for the time being, negotiators have adjourned at the final meeting here final text is expected to be larger than expected. the last obstacle was around the timing and language of the new un security council resolution that will lift penalties on an ra

at 123.91.n is off rio tinto announced slightly lower iron over -- iron ore production and lowering itsguidance. let's get over to paul allen in sydney. why the decline in production from rio tinto? that is not necessarily part of the plan, is it? guest: not part of the plan. the plan is to produce as much iron ore as possible. they had poor weather affecting shipments during the quarter. 79.9 million tons for the second quarter. over 81 been expecting million. what is of more interest at the open is downward revision of full-year. 43 million tons. last quarter, they were expecting 350 million tons. in terms of global production, barely a drop in the bucket. we can expect downward pressure to continue. should not matter too much to rio. they have a breakeven price of $30 per ton. these results go to the venture in mongolia. shares there are up 64%. pretty good results. angie: what about woodside petroleum? the just released disappointing numbers for the quarter. a few minutes before i sat down, production numbers came out, and they are not good. second-quarter revenue down 36%. $898 mil

james lawrence is known as the iron cowboy.will swim 2.4 miles, he'll bike 112 miles, and run 26.2 miles in straussburg monroe county and yes, all in the same day. lawrence is doing the iron mans to raise awareness for the battle against obesity, particularly childhood obesity. he invites families to run along with him whether it's for a mile or more. so if you are in monroe county pennsylvania today, feel free to join in. and weather is going to be great for his iron man competition. >> that's incredible what he's accomplishing by the way. the live look outside right now, plenty of sunshine. temperatures today going to range between 88 and 91 degrees. sunny and hot. seven day forecast shows more of the same as we head into tomorrow. expect temperatures to warm to 89. and then storm for tuesday and wednesday. >>> you're not going to bike 112 miles and get out of sneer. >> i feel lazy all of a sudden after that story. >> we'll see you back here at 9:00 v a good one. >>> good morning. drug lord on the loose. the mexican kingpin k

and you are seeing other commodities like iron ore, right?d russia is selling bunch of oil to china so that is a whole different competition. we did see iron ore move up again. as we saw, chinese stocks able to rally. but citigroup said yesterday they do think prices will fall to $30 a ton in the first half. that is crazy. that is a really know -- a really low number. you are not seen the kind of demand from china. stocks are still high. betty: does it look like these measures the government has put out -- alix: it depends on it trickling down to the real economy. stocksndustrial company suffer a and they say i'm going to say, great, i will start a steel mill. betty: thank you so much. now some of the top stories we are following today. the great premise or has until midnight to come up with economic reforms for exchange of another bailout. one of the creditors says there might be some breathing room. greece will submit a proposal in the next few hours. earlier, we spoke with olivia blanchard. mr. blanchard: what we are working on is greece a

we had the iron ore price around 52. costss been stripping out all day long. petroleum, up 4% on year. third quarter, 63 million barrels. call was down slightly. was down slightly. now the bad news. bhp taking a hit to profit. $650 million. he got a preview of this last week. they had some impairment on ofle assets at a net loss $1.2 billion. numbers,he production we could give bhp -- see the market give bhp a bit of a whack. how did south 30 to do? pretty good. record aluminum production. 1.2 million tons for the quarter. tons.um, 242,000 coal rose substantially, 8.9 million tons. million.ical, 1.9 they are the largest manganese producer. they have taken some loan cash impairments of $1.3 million. 32 also be closely watched. angie: paul allen, thanks for that. the recent earthquake in the markets in china has sent tremors through corporate earnings around the world. companies selling things like fried chicken, trenchcoats, iron ore, and cognac have taken a hit. is here with details and the aftershocks of china's meltdown. yvonne: looks like it could be felt f

#ironic." seemed innocent enough.n, after that, alanis morissette sent her own tweet that said, "hey, are you throwing shade at my song, 'ironic?' how dare you? it was a huge hit in '96. #yououghtaknow." [ laughter and applause ] then after that, larry king responded, "are you throwing shade at my age? i'm 96. [ laughter ] but i can still get it done when it counts. #talkinboutsexbaby." [ laughter and applause ] then after that salt-n-pepa responded, "are you throwing shade at our song 'let's talk about sex?" #everybodyhassex." then after that, tim tebow responded, "are you throwing shade at how i've never had sex? it's my choice. #noringnofling." [ laughter and applause ] then after that, tom brady responded, "hey, at least somebody here can throw. #shadethrown." [ audience ohs ] so after that, tim tebow responded, "at least my balls are the right size. #shadehandedoff." [ audience ohs ] [ laughter and applause ] to which larry king responded, "like i told you, they still work just fine. #laidintheshade." [ cheers an

matt: was it iron ore supply? erik: inr prices have collapsed. -- iron ore prices have collapsed.thing is missing from the discussion. all that debt has shown up on the other side of the balance sheet as well. the debt funded all these acquisitions. the iron ore guys dig how they did in 2007. now you have all this debt with valueless assets. diminishing cash flow and i've got to tell you. it looks like iron or greece. what do do with all this debt? erik: it is going to be service though. -- serviced though. these projects in brazil continue to produce. they produce at a marginal cost low what it is trading at. even if the project is not profitable, i would service it. peter: i would watch those. once those starts companies are knowledge in, houston, we have a problem. tracy: we have a bunch of minor saying they're are going to split dividend payments as well. it seems like an obvious thing to do as well. matt: here we have from left to right in their it does look like multi-year lows. -- and there it does look like multiyear lows. tracy: number three -- does anyone remember octobe

." >>> tonight, one woman's dramatic hot car hero ibs, caught on camera wielding a tire iron to free a screaming, sweaty toddler locked inside. but this summer safety concern can be deadly, and tonight we'll show you just how hot it can get. how can you protect your child and others? >>> we're at beauty conwhere youtube celebrities meet thousands of their fans some as young as 8, who are now spending as never before to emulate their social media idols. they say their message is positive. >> i need to get me some of everything. >> but is the spending out of control? >>> and the bachelorette fights back. kaitlyn bristowe takes on her haters, unapologetic about her sexuality and how she's taking matters into her own hands tonight. >>> but first, the "nightline" five. >>> when salonpas began in japan, a single patch created a category of pain relief. now years later, salonpas has a complete family of targeted pain relief. >>> zantac heartburn relief. next yum can take 24 hours to work. zantac rushes relief in as little as 30 minutes for relief without the wait. >>> >>> good evening. toni

ironically he was on f.i.f.a.'s transparency and compliance committee, ironic because webb is accused by the justice department in taking part in massive corruption and fraud. the key allegation from the justice department is that he received bribery money along with others, totalling 40 million according to the accusation, for the broadcast rights to the copa america here. so the football world is watching this case and the entire corruption case against f.i.f.a. closely. no more so than in this region, the caribbean where they consider jeffrey web almost a native son >>> flood water in arizona swept buildings and car ways after heavy storms. there were severe warnings in the county before the flooding hit. several major roads were closed and more than 1,000 people lost power to their homes. nepal's huge earthquake in april left tall buildings in danger of collapse. with the government unable to pull them down it's putting the responsibility on property owners. from kathmandu we have this report. >> reporter: walk

don't care i don't like the stairs the massaging it the same as the adjoining stairs it is somewhat ironic my request we amend this permit and amend the drawings to comply with each of rose and margaret wishes the first one the stair design that we actually put in open

is iron ore. they broke through their $50 a ton level. orekson security says iron will extend those declines. take a look at this other charge. is the aussie dollar as the proxy for china. around 35% of australian exports are consumed by china according to deutsche bank. we have had a slide in the aussie dollar since the stock market started to fall. it below that 75 per u.s. cents level. let's get back to my coanchor who is on the ground in athens. thank you. i'm here with a member of parliament. to buy during much for joining us. -- thank you very much for joining us. are you optimistic they will get a deal? >> yes, in fact, i have read from several persons, including from the minister of finance who report that the climate was cordial and he is quite optimistic that we will be able to pursue a strategy that finds common ground with our creditors and weopean partners very much look forward to tomorrow. was some nervousness today that the fact that representatives of your government showed up without anything written but you say that the

and over the years we've filmed some amazing footage of inmates working out and pumping iron. >> for a long time i didn't work out because i thought it was cliche. dudes come to prison, they work out. you get big and strong and all that stuff. and then just after a while i just -- i had too much idle time and i kept getting in trouble. a buddy of mine started talking to me about lifting. i just got into it and now it's more take out my frustrations down here. that's it more than anything. it's a stress reliever. >> i'm burnt, man. >> you work everything. all week long. you get every body part at least once. like, on monday, you have a bench day, and tuesday you might do shoulders, lats and traps. wednesday you do arms and thursday you might have another heavy bench day. you get a leg day in there somewheres. >> in the survival of the fittest environment, the weight yard is one of the few places where inmates can find encouragement. >> come on. want another one? let's get another one in. push it, push it, push it, push it. >> that right there, 215 pounds. >> that's a lot of weight. >>

when commodity that might be in a bull market is iron ore.ron ore is terrible, one of the worst performing metals and it's in a bull market. there is speculation that steel --ls are buying a barn or iron ore. it is in a bull market. think about that. it is so geared towards china and its expansion and industrialization. most analysts say this is a short-term phenomenon. bydman sachs sees $40 a ton 2017. let's see if that holds. scarlet: they are writing it off as an extended bound. the fate lies with china. thank you so much. alix steel will take you through the market close. this can you look at the top stories at this hour. expenses climbed and profits fell at mastercard. -- ad quarter earnings stronger dollar has heard mastercard overseas. that is where the property generates most of its revenue. hurt mastercard overseas. shares up in arab red is setting a record day after the bakery chain reported that sales have rebounded -- shares of nara ra bread.pane the next round of job cuts could hurt users. -- chevron00 jobs eliminating 1500 jobs.

it took a while, but eventually the tire iron worked. quick-thinking store manage their work along side the parking lot. >>> busy two hours left. live from new york city, it's "fox & friends." ♪ >>> all right. welcome back. we've got two more -- we solved a lot of problems in the first hour. we get two more today. >> if like yesterday's show we solved the world's problems at end of the show. the world got broken again. that's why we're back. >> right. now heather is here to help us solve problems. >> we can save you there a shark attack as well. listen to what happened to this guy. new overnight, information on that surfer that survived the terrifying encounter with a shark now caught on live television. he's describe that brush with death. listen to this. >> to walk away from a shark attack with not a scratch on you, it's a miracle. if there's someone out there looking after us thanks. >> he says -- that is mick fanning. he's going to take time off before he eventually returns to that sport. >>> amazing rescue all caught on camera. a ka

the iron gets quite warm. well the wire from this sill nowed went right to a fuse, and it could cook off the to have pension and ignite it. so there was half a dozen things that could have gone wrong. you're sitting on 12 tons of high explosive in an airplane not built to do that with a lot of, you know, crappy circuit board and radio that's in primitive shape. it's amazing it didn't happen more often. >> one last question here. >> how did the family receive the news of his death? >> it's very well documented and they received it at least according to -- these are memoirs of teddy kennedy edward kennedy. they were in hyannisport. jfk was still recovering from the pt-109 experience, back injured, all kinds of stomach problems. they were all sitting out on porch. bing crosby crooning, "we'll meet again" was in the background, and two navy chaplains and a civilian priest came up the driveway, and they knew what was going to be said. and joe sr. was up in the bedroom at the time napping. his wife got him and accor