morgan took a knee to support the protesters marathon petroleum was unequivocal in their words marathon petroleum corporation stands firmly against racism intolerance and hate of any kind commemorating the ending of slavery in the us is one way we're encouraging learn. thing and then the fact the dialogue among our employees chevron has spoken up to racism and brutality have no place in america yet these incidents timika inequality in treatment for no reason other than the color of skin is a stain american society has not yet a raised we reject systemic racism we support diversity equity and inclusion but one of the key demands of the protesters is defund the police believe they. should. do things to see barely. to see what he was going to see a new give me a report from the public accountability initiative reveals that fossil fuel and utility companies as well as financial institutions have been contributing to law enforcement for years j.p. morgan chase is an official corporate partner of the police the bank has given $4600000.00 to the new york city police foundation was. was release

. >>> marathon petroleum said it won't restart two of its ited. marathon petroleum said it will indefinitely idol the martinez refinery and another one in wil the martinez refinery requests about 740 people. >>> we're watching a wildfire charring in and southern californias forking the evacuation of 8,000 people tonight. the apple fire in riverside coach has grown to burn over 12,000 acres. firefighters have been able to get it under containment. it is south of the san bernardino national forest. the flames are were first reported yesterday evening. at least one home has been destroyed. >> they are renovating the house. he's not living in there. but he had a lot of money invested in fixing it up. >> tot it came across here, wen up this hill, and once his structure caught on fire, just -- from there on, it was just a huge flame all night long until probably 10:00 or 11:00 last night. >> officials say the fire started as two smaller brush fires that merged into one. the cause is still not known. >>> all right. so we're going to talk about bay area w

marathon petroleum also said they idled another refinery in new mexico. faced layoffsearchi for seven marines and a sailor who are presumed dead following a training accident off the coast of southern california last thursday. this is video from that same exercise in hawaii that was done recently. the marines were aboard an assault vehicle that began taking on water near san clemente island. search and rescue said the vessel sank within minutes below hundreds of feet of water. >>> tropical storm is barreling up the coast of florida. storm surge watches are in effect. president trump approved an emergency declaration for north carolina, ahead of the storm. >> reporter: a sigh of relief after isaias was downgraded to a tropical storm on saturday. the powerful storm is still expected to bring torrential rain, strong winds and flooding. prompting storm surge in florida and the carolinas. drenching rain as the storm churns offshore. skimming the coastline as it slowly moves north. >> everybody is hoping it stays offshore. we know we will get some flooding. >>

that is after marathon petroleum says it is indefinitely idling the quote, this is a big loss for our workforce and potentially the economy. that is why before the pandemic hit and had a drastic impact, i started convening labor unions, environmental groups and local governments to talk about how we prepare for a shift to sustainable energy and renewables in contra costa. >>> coronavirus related travel restrictions put them on a temporary hold back in april. since then, the demand for gasoline has gone way down. phased layoffs will begin in october. the refinery has jobs for 740 people. >>> microsoft is hoping to move forward with talks to buy tiktok. we have the latest on the dispute between the two countries. >> reporter: president trump is going to decide soon whether or not he will attempt to shut down the popular social media app tick-tock over its connections to the chinese government. here's what he had to say on sunday enough. he will take action in the coming days in respect to a broad array of national security threats that are presented by the chinese communist party. >> re

coming up, inside the $21 billion deal to sell marathon petroleum to the world largest convenience storeill get you the details. this is bloomberg. ♪ . this is bloomberg. ♪ adam: shery: japan's -- the owner of the largest -- has agreed to a bright -- to buy a marathon for $21 billion. take a look at this with the editor dave in tokyo. seems like the deal is finally happening. what kind of scale does this add to 7-eleven's chain in north america? 14,000 stores which is quite large, much larger than any rival in north america. they expand on the earlier acquisitions of this type of convenience store, that kind attached to a gas station. three years ago they bought sunoco00 from seneca -- theory is has been a good model and they have done well incorporating it into their chain. haidi: so much uncertainty with the economy so why the timing to do this deal now? it is surprising. normally deal like this are hashed out in board rooms and it requires a lot of meetings. i assume a lot of the details were finalized over zoom, given the pandemic. this is a deal as you have potded to have been in th

payments. >>> east bay congressman said he is looking to use more sustainable injured after marathon petroleumd it is indefinitely idolizing -- idling the refinery in martin is. the congressman released a statement saying quote this move is a big loss for the workforce and potentially the economy. that is why before the pandemic hit and had a drastic impact on energy production, started convening labor unions, environmental groups, and local government to talk about how we energy. >>> coronavirus related travel restrictions put the martin is refinery on a temporary hold in april. demand for gasoline is significantly lower. phased layoffs will begin in october. the refinery employees about 740 people. >>> microsoft is hoping to buy tiktok. president trump has said he wants to ban tiktok because of the connections to the chinese government which poses a security risk. he would not approve the takeover. foxbusiness reports microsoft is waiting for the president to decide if tiktok will be banned in the u.s. before going ahead with the deal. tiktok's general manager responded in video to the we ar

also shares of marathon petroleum.o the owner of 711 chains the deal is the largest energy related one in the u.s. so far this year. you can see it there, movement there. about 15% premarket. we're also watching a major deal in health care germany's announcing it will buy systems for $16.5 billion. the agreement values the u.s. maker of devices and software for cancer treatments at about 24% above it's closing price just on friday we're also of course watching historic gold trade. that run is still continuing coming off of yet another big record all time high on friday and up more than 9% just in july alone. that's its best monthly gain since 2016 it's also seeing it's first five month winning streak since 2010 up another quarter of a percent and trading this morning, 1991.90 the last trade there but that pales in comparison to what's happening in silver 30% for its best month on record going back to 1984 for more now i'm joined by vice president global com.d.ty strategy and research over at rbc capital markets and the

. >>> marathon petroleum has sold speedway gas station to a group that owns 7-eleven stores. the deal is expected to be completed early next year. it's a biggest business transaction of the year. marathon is said to be using money to pay down debt and support dividend payments. >> he's looking to use more sustainable energy and contra costa county. it is indefinitely idling it's a fine ray and martinez. he said this move is a big loss for our workforce and potentially the economy. before the pandemic hit, i started convening labor unions, environmental groups and local governments to talk about how we prepare for a ship to sustainable energy and renewables. >> travel restrictions for the refinery on temporary hold in april. the demand for gas is gone way down. layoffs will begin in october and the refinery there and martinez employs 740 people. >>> we continue to track where it's headed now. tara, did you know geico is now offering an extra 15% credit on car and motorcycle policies? >>wow...ok! that's 15% on top of what geico could already save you. so what are you waiting for

truck marathon petroleum say it plans to lay off some of its works from the martinez refinery in octoberto shut down in april when the demand for oil products dropped sharply because of travel restrictions. now marathon said it will definitely idle martinez refinery and another they own in new mexico. that refinery employs about 740 people and most of them will lose their jobs. >>> the apple fire burning in riverside is out of control still took the fire grown to 15,000 acres and is 0% contained. 8000 people are under evacuation orders. excessive heat warnings issued with temperatures expected to reach more than 100 degrees. here is a look at where that fire is burning near cherry valley and south of the san bernardino national forest. this is east of los angeles. the flames were first reported from that when two smaller brushfires merge into one. one home has been destroyed be the cause of the fire is still unknown. >>> we are also tracking tropical storm isaias as it moves toward the florida coast. here's a live look at the surf line along the delray beach and florida. you can see the

>>the marathon refinery in martinez is shutting down permanently now the marathon petroleum company announced that its converting that site into a terminal facility. the company also putting a new mexico refinery on indefinite hold as well. the company says most jobs would be lost at the 2 sites with phased layoffs starting in october. the martinez refinery open back in 1913 and currently employs about 740 people, its production has been on a temporary hold since april because of the pandemic related travel restrictions led to a plummeting demand for gasoline. >>still to come on the news at 9 a bunch of bay area folks went up to south lake tahoe and they got off the bus most of them, no face masks coming up at 9.30 we hear from the man shot this video and the health concerns he has. we alone in the universe. coming up at 9.45 the new details we're learning on u f o encounters being publicly released soon. no deal at least not yet that after today's talks on the latest covid relief bill house senate feeling fearless at the dentist. imagine strengthening enamel while preventing cavities 70%. ac

speedway was sold by its parent company marathon petroleum which has been hit hard by a decline in fuelllion in a bid to become the global leader when it comes to cancer care. the purchase is the biggest health care deal this year, and the first major move since healthineers was spun off and floated in 2018 by siemens. microsoft says it's committed to buying the north american operations of the video—sharing app tiktok, and wants to complete discussions with its chinese owners by the middle of next month. this comes as us secretary of state mike pompeo says the trump adminstration is just days away from announcing strong action against chinese software companies that it perceives as a security risk. joining me now is craig erlam, senior market analyst at oanda. nice to see you again craig. this is a really interesting ongoing battle between china and the us, and tiktok is in the crosshairs. do you think microsoft might win in this situation and get the us operations? it certainly looks a high possibility, something that didn't look likely only a couple of weeks ago. it seems to be poten

a 21have agreed on billion-dollar deal for speedway , the gas station chain owned by marathon petroleumtransaction was regressing last year but dropped out. now sources say it is back on at the same price mentioned 12 months ago. siemens health unit has agreed to buy varian medical systems for almost 16.5 billion dollars in cash in the health-care industry's biggest deal so far this year. 24% premiumering a t's friday close. a sizable share in cancer treatment where it currently has little presence. and apple is reported to have purged more than 30,000 apps from the store in china with games as 90% of the cull. most of the cuts happened early saturday, apple reminded game developers earlier last month that apps would be removed if they did not meet regulatory payment approval. america's oldest department store is shutting its doors for the final time. lord & taylor is seeking bankruptcy protection through a chapter 11 filing. the company was founded in manhattan in 1826. it lists assets and liabilities of $500 million each in the petition. bought thetart up stores, brand, and e-commerce

that interview just a few minutes away first, check out shares of marathon petroleum jumping on sharesthe speedway gas company to 7-eleven the price tag, $21 billion in cash stayun, quk x"etns after this rur now you can trade stocks and etfs for any amount you choose instead of buying by the share. all with no commissions. stocks by the slice from fidelity. get your slice today. stocks by the slice from fidelity. what happens when puts its customers in charge? well, the good news gets shared. and it gets rated #1 for customer satisfaction. but don't just take our word for it. take theirs. it's your wireless. your rules. only with xfinity mobile. call, click or visit a store today. >>> coming up, former microsoft c ceo steve ballmer joins us live. tracking america's coronavirus hot spots and whether his former company, microsoft, should pull the trigger and buy tiktok as we head to break, check out shares of pinterest this morning up 2% in the market. that's after friday's second quarter results and 36% spike helping to power that jump nearly 40 perfecti% year over y. don't miss the ceo

petroleum selling to 7eleven in all cash deal. largest energy related deal of the year, a year after marathon close activist pressure, marathon sharesumping more than 10% on the news. look at it go premarket up more than 13%. we are just getting started this morning, coming up twitter fallout, latest 3 people are indicted in connection with the massive digital attacks. at 7:00 a.m. eastern word on wall street. latest on what investors are watching this morning and florida congressman greg stoube joining us and 8:00 o'clock hour tennessee senator marsha blackburn to discuss china threat and andy puzder talking about the stimulus battle and impact on businesses and the difficulty hiring that they are having. and much more ahead, first, earning season rolling on, big names like disney and uber out with quarterly results this week. we take a look. job's report on friday. you're watching mornings with maria live on fox business. this is decision tech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelit