for "nightly business report", michelle cabrera. >> why did the markets react the way they did? there are thoughts on that as well as top picks for you and me. he's charles carlson and the ceo at verizon invest the services coming to us from chicago. welcome, nice to have you here, chuck. >> nice to be here. >> what do you make of the way the market performed today? i found it curious, we had a big relief spike mid session. >> well, i think you called it with a release spike. the market was over sold on a short-term basis. you had traders hearing the news possibly what is coming out of russia not wanting to take positions into the weekend and short covering, as well and finally, markets do correct but at some point those corrections end and stocks are ready to resume the upward move. we're at a point where you would expect a bounce, a bounce happened today. we'll have to see if there is follow through next week. >> a bounce is one thing but a resumption of an upward move which is the reference you made is quite another. do you think this is that turning point? >> you know, this

now it's time for "fast money" coming up with michelle cabrera caruso in for melissa lee. >> so much news after the bell. >> such a busy session. there is a lot to get to. we will hand it right over to you guys. >> thanks, so much. "fast money" starts right now. we are live in new york's time's square. our traders tonight are tim seymour, brian kelly, karen feinerman and guy adami. coca-cola is moving higher on the news along with monster beverage which is soaring after hours. if coke is moving higher, clearly, those shareholders leak this idea. >> this is the story of the market. we talked about why the market keeps going up. you might have mediocre news, these large companies have to go out and buy that growth. so for bold companies, i think it's great. what you do need to think about is what's pepsi going to have to do now? are they going to by growth and from whom? >> who do they buy? >> pepsi has been much more aggressive in the snacks and emerging markets. i think i spend time on this desk defending coke and their sluggish lean where they missed on marketing. this is a smart de

over to michelle caruso-cabrera for the latest. >> threatening now, 2.3 level. 2.31.m line -- it appears the ukrainians have directly attacked russian armored vehicles. if we understand the situation on the ground, that would be the first time we've seen this situation. to back everyone up, everyone's been following the human karen aid conflict, the last two days. filled with water, baby food, et cetera. two british journalists following along with the convoy, tweeted last night, brian highlighted, by the way we saw 20 russian armored vehicles cross into ukraine right in front of our eyes. and in response to a question from the tweeter, the journalist says, no. i think it's actually happening all the time but startling to see it yourself. we think overnight the ukrainians attacked that armored con sproip that's what we're learning about now and why we're seeing a sell-off here. the question is what will be the russian response? the only commentary we've gotten our the russians thus far is they're claiming the ukrainians are trying to stop the humanitarian aid. big fog

jackie deangelis and michelle caruso-cabrera both working the iraq story for us today. michelle, to you first. >> hey there, sue, kurdish oil tanker trying to bring cargo to new jersey can't get into the united states. i'll explain why, coming up. >>> and we're watching what oil company it is are doing about the fighting and the fear they are experiencing. they are trying to keep their workers safe. we have the details for you. "power lunch" back in two minutes. for the first time american kids are slated to live a shorter life span than their parents. it's a problem that we can turn around and change. revolution foods is a company we started to provide access to healthy, affordable, kid-inspired, chef-crafted food. we looked at what are the aspects of food that will help set up kids for success? making sure foods are made with high quality ingredients and prepared fresh everyday. our collaboration with citi has helped us really accelerate the expansion of our business in terms of how many communities we can serve. working with citi has also helped to fuel our innovation

right flou to michelle caruso-cabrera for breaking news out of brazil. michelle? >> show you what's happening intraday with the bovespa and with petro ross. reports coming out of brazil per reuters a presidential candidate there has been in a plane crash. local brazilian tv reports the candidate is dead. eduardo campus, the name. the chart of the brazilian markets is declining sharply. footage in from local brazilian television as well where the plane crash occurred. the reason the brazilian markets would be moving is because even though this gentleman, edouard o camp owes, siphon votes from the current president, right now tied with a more pro-business candidate. if you recall, what's been happening with the brazilian market, a lot of people have been talking about it. similar to india. that. it they got a more pro-business candidate, dilma rouseoff good for the market. you see it coming back a little. immediately selling when the news first broke within the last 20 minutes or so. we'll keep watching to find out what happens here. big movement within brazilian st

michelle caruso-cabrera is our chief international correspondent. >> three bad pieces of data out of europe today. germany's gdp declined the 0.2%. in france, zero growth for the second quarter in a row. and eurozone inflation data weak and meager, raising fears of full-on deflation, perhaps a decline in prices. the euro hovering near nine-month lows because there are expectations the ecb will have to do more. the german stock market initially moved lower and then recovered because of what was happening over in russia. the president of russia making very dovish comments, vladimir putin saying he would like to end the bloodshed in ukraine. that seemed to help the german market. they are most exposed to a lot of the russian sanctions in effect. the other big impact was the german ten-year yield. it actually fell below 1%. it went back above 1% on those same comments from vladimir putin. sue, back to you. >> michelle, it's very interesting when you look at that ten-year on the bund, what about the currency issue that's involved when you go from the u.s. market to the german market and t

i'm michelle caruso-cabrera filling in for scott wapner.osh and pete, stephanie with us, and also joining us today is stacey gilbert. the head of derivative strategy at suss xa hana financiwquehann >>> a chance of russian invasions of ukraine on the rise. situation in gaza deteriorating then in the markets, major sell-offs in europe and japan, despite up a that, the r

michelle caruso-cabrera has the tale of the tape. >> looks like

our chief international correspondent michelle caruso-cabrera has more. >> raiding iraising its threat second highest. due to isis, taken over iraq and the southern part of ceise syri. many carry passports and the uk prime minister david cameron announced how many people living in britain has traveled to fight. >> the first isil inspired terrorist acts on the continent of europe have already taken place. we now believe that at least 500 people have traveled from britain to fight in syria and potentially iraq. >> here in the united states, the white house has just announced we will not follow them in raising the terror threat, and now president obama isic taing heat for a comment he made yesterday in response to a reporter's question when it comes to dealing with isis. >> i don't want to put the cart before the horse. we don't have a strategy yet. i think what i've seen in some of the news reports suggests that folk, getting a little further ahead of where we're at than we currently are. >> and ukraine still is an issue as well. nato holding an emergency meeting what if anything there i

i'm michelle caruso-cabrera. leader the russia, vladimir putin responding when can um comes to sanctions impose and russia. putin ordered government agencies to restrict imports of food and agriculture products from the countries that have impoetzed sanctions against russia. help signed the decree earlier forward and it's posted on the kremlin's website saying such imports will be banned or limited for one year. the decree does not name specific countries or products, but contains an order for government agencies to spell them out. areas of agriculture in the united states, carl that would be vulnerable, chicken and also pistachios. russia is the second largest importer of u.s. chicken broiler male behind mexico. last year bought 27,000 tons of it or 8% of exports of broiler meat. that's department of agriculture data brought up by reuters and that was 7% of all exports so far this year as well. in total, russia imported about 1.3 billion in u.s. food and agriculture products last year, carl. so we're just beginn

we are joined be -- michelle caruso-cabrera, and michelle, we know the basic headlines. what also seems to be out there, though, is russia saying we don't even have troops in that part in the world here. >> it's tough. ben, defiles about -- russia says, yes, my mike is on. sorry. there we go. russia says that it has sent no military equipment into ukraine it was this event. their artillery had explained -- that had crossed into ukraine during the night. he spell we lent it go deep there's production on the other side, so technically, we waited for them to come in, but then we destroyed them. humanitarian add. coming from moscow as well. . what was supposed to be 280 trucks filled with things like water, baby food, emergency aid. traveling with the convoy that you see there. s while they were out with the convoy, shawn walker of "the guardian" said just saw a column of apc, armored personnel carriers and vehicles with official russian military plates cross the border into the ukraine. he sent out those tweets 23 hours ago form the alleged attack, which we don't have evide

i'm michelle caruso-cabrera.of america reportedly close to a nearly $17 billion settlement with a government over mortgage bonds. the deal with the doj is said to include about $9 billion in cash. the rest is said to go to consumer relief. 31st century fox posting better than expected quarterly earnings. the results coming a day after the media giant announced its decision to pull its bid for time warner. in an unusual move rupert murdoch was on the company's earnings call. >> -- time warner's management and board to engage with us, to explore this compelling offer. coupled with the share price, resulted in our conclusion that this transaction was no longer attractive to fox shareholders. as you know yesterday we walked away. this is our resolute decision which is why we withdrew our acquisition offer. >> fox coo chase carey adds the company has no plans to pursue another content company as an alternative. >>> in global news edward snowden has been given a three year residence permit by russia. the announcement c

for "nightly business report" michelle carusso cabrera. >> another global concern for investors is what's happening in europe where banking officials are considering a u.s. style monetary easing program. but will it work in europe? and what are the risks? steve leesman has that story. >> nobody knows what drogbe and janet yellen talked about. what they know is europe is in a critical debate about whether to follow the u.s. down the path of an american-style quantitative easing program. the debate heated up as drage said inflation expectations are falling and said he was concerned. he said the ecb governing council will acknowledge these developments at its meeting next week. that in turn raised expectations for further action, if not next week then in the month ahead. the former fed governor said they need to do shock and awe, they're so far behind the curve, but there's some potential problems. europe, after all, is not the united states. and there could be political objections from germany and other countries. plus, rates are already very low in europe. >> the idea of doing quantitative

i'm michelle caruso cabrera along with electricky. steve liesman is joining us, too. two mega deals dropped. rupert murdoch decided to pull the plug on its $80 billion offer to buy time warner. rupert murdoch cited time warner's refusal to come to the bargaining table as one of the reasons. after that announcement, time warner said it is committed to producing long-term value. on reaction to the news, show you what happened to the stocks. 21st century fox climbed, actually, and time warner was lowered by a little more than $9. stocks announcing a $6 billion stock buyback. maybe one of the reasons why we're seeing 21st century fox rise. less concerned about as may have acquisition. overpaying. >> a lot of the shareholders who own fox are shareholders in time warner. so while you want to high bid for time warner, you don't want fox to overpay if you own both of these stocks. people were expecting strong numbers out of time warner to so it could profits case. how is this for a good morning for you? stocks down just before those earnings come out. >> and at the same time,

i'm andrew ross sorkin along with joe kernen and michelle caruso cabrera. becky is off this week. right now, right behind me, you can hear the "breaking bad" theme music play because brian cranston and amc drama bringing home a bunch of emmys last night. we're going to have a lot more on that coming up very shortly. i should tell you, this is warren buffett's favorite television drama. and the reason i mentioned warren buffett is because he is now helping finance burger king's takeover of tim horton. the berkshire hathway giant is going to be investing in the form of preferred shares in that inversion trng. berkshire is expected to provide about 25% of the financing of that action. he should say that they teamed up before with hiez. in that particular case, he had gotten a $9% coupon. we will see what they are going to be paying for the berkshire name. sources telling me literally five minutes before we came on the show that the transaction, they were trying to sign that transaction up literally in the next couple of hours. so we will bring that news to you as it comes. >>> we sho

i'm michelle caruso-cabrera along with joe kernen, who's back from vaca.cott walker is here as well. becky and andrew are off today. u.s. investors are waking up to green arrows to start the week, global markets getting a boost as the crisis in ukraine is easing. in asiana, the nikkei bouncing back up 2% from the 3% drop on friday. in early european trading, markets higher across the board. as you can see, we put moscow on the top, higher by 1.8%, but france, the ftse, the mib in italy and germany higher almost 1% or more than 1%. u.s. equity futures are falling along with that, suggesting that the dow would open higher by about 29 points. the nasdaq by 7, the s&p by 3 1/2. while the situation in ukraine seems to be calming down, we are following a very different story in iraq. it is both a military mess and a political mess. embattled iraqi prime minister nuri al maliki made his first public comments since the u.s. air strike, saying he will not step down. he says he plans to file a legal complaint against the new president for a "clear constitutional vio

. >> meridian equity part necessary and michelle caruso-cabrera here, as well. michelle, should we care about what is going on globally? the situation in so many different pockets overseas is somewhat gloomy. >> i think the ultimate question is what is the size of the ynd lying economy in question. and the fact is gaza is not a meaningful economy. when it comes to northern iraq, quite frankly, to be blunt, what do people care about, whether or not it will disrupt oil production in the north about so that haeartbreaking to watch, bt russia is a completely different situation. it's a meaningful which i. economy. and so when sanction are imposed to them and they have a weakening economy already,hich . economy. and so when sanction are imposed to them and they have a weakening economy already, i. economy. and so when sanction are imposed to them and they have a weakening economy already,. economy. and so when sanction are imposed to them and they have a weakening economy already, econ. and so when sanction are imposed to them and they have a weakening economy already

michelle caruso-cabrera is in for becky today. we have a busy morning this morning. roche buying intermune for $8.3 billion. more than a 60% premium to intermune's close on august 12th right before reports said the company was evaluating strategic opgs. we'll have both ceos coming up on "squawk on the street" later this morning. >>> the other big story, burger king in talks to acquire canadian coffee and donut chain, tim hortons. this would be make it the latest inversion. they would operate as a stand-alone brand. two points on the burger king deal, even though it is an inversion, this deal likely a little bit more like a real deal in terms of strategic merit, both in terms that 50% of the company would be based in canada. there are reasons to keep it there, but more importantly from a 3g perspective, the guys that own burger king, we saw what they have done with inbev and heinz. this is sort of their approach at taking a restaurant company and using it as a platform to buy a lot more. i would argue to everybody that this is just the beginning. we should see the tra

breaking news from michelle caruso-cabrera back at hq. busy morning, michelle. >> we want to update what the president said last night, two u.s. navy f-18s dropped two 500 bombs on isis enemy forces this morning. no word on casualties, fighter jets flew off the uss george w. bush aircraft carrier in the persian gulf telling nbc news, two navy f-18 drops two 500 bombs and in addition, the pentagon tweeted out details as well saying the u.s. military aircraft conducted a strike on isis artillery used against kurdish forces defending u.s. personnel. as the president warned last night, that -- arab strikes occurred this morning trying to protect u.s. personnel. remember, we have a consulate there, one in the south of iraq and a full embassy in baghdad. this is the u.s. diplomatic locations where we have u.s. forces. carl, back to you. >> thank you for that, michelle caruso-cabrera. jim, markets having to weigh this news, not a surprise with what the president said last night. headlines, vague, russia interested in deescalating the conflict in

now it's time for "fast money" coming up with michelle cabrera caruso in for melissa lee. >> so muchthe bell. >> such a busy session. there is a lot to get to. we will hand it right over to you guys. >> thanks, so much. "fast money" starts right now. we are live in new york's time's square. our traders tonight are tim seymour, brian kelly, karen feinerman and guy adami. coca-cola is moving higher on the news along with monster beverage which is soaring after hours. if coke is moving higher, clearly, those shareholders leak this idea. >> this is the story of the market. we talked about why the market keeps going up. you might have mediocre news, these large companies have to go out and buy that

let's bring in michelle caruso-cabrera, dom any chu, also bob pisani. michelle, is this for real? or do we take it with a grain of russian salt? >> i think what it tells is, one, the markets were very nervous. there had been a big buildup, and without a doubt across wall street had been expectations ratcheted up, that it was possible russia would invade ukraine the reason -- it looked like ukrainance were doing quite well, and it looked like they might beat them back. so that's why the expectations were high. this market was vulnerable to good news. this comes out. i think whatsh read in the market reaction is people in the market think that russia will not invade ukraine this weekend. remember, putin has backed down before. we saw it happened in may. it looked like we were on the brink of something big. he backed down, markets rallied, but only -- what did he do? he came back again, right? you. >> this was announced, so i guess what we can surmise is there was an expectation in the market, perhaps even a small one that maybe these weren't actually just war games. >>> for anyone,

and so forth, if that's what has happened, judge -- >> i want to interrupt you and bring in michelle caruso-cabrera, chief international correspondent following the breaking news. michelle, to be clear, this is -- >> two different convoys. >> not the convoy -- a military -- >> right. >> column that came in to ukraine, that was attacked by the ukrainians, this has nothing to do with the so-called humanitarian convoy of some 280 trucks on its way? >> right. so let's back up and explain to people. you're right, scott. video of the 280 trucks we've had it, because we've been following it now three days as it left moscow and headed to the border. unclear where it was going. you saw it earlier. the white trucks. last night two british journalists who were traveling with this, the humanitarian aid convoy, started to tweet out. read them to you again. showed them last hour. it's important to remind people. the bbc tweets out, bring that up, folks. roland holole llafont saw this. with a guy named sean walker, a journalist says roland and i saw a column of apcs and vehicles with official russian military pla

our international correspondent michelle caruso cabrera tracking these developments. >> reporter: nbcs has learned that president obama is considering air strikes as well as air drops of food and medicine to address a humanitarian crisis in north iraq because of that situation. minorities are stuck on a mountain after death threats from the isis. another group of minorities, hundreds of christians marching through a city under kurdish-controlled city, they were given an ultimatum to convert, leave or be killed. as the peshmerga are prepared to go on the offensive. a commander said his troops are only four miles from those isis fighters and the violence threatens the oil production in the northern iraq. the car bombs in kirkuk, which is home to a massive oil field. three publicly traded oil companies with heavy exposure in the region fell today. also listed in london, gulf keystone fell 15% and dno listed in oslo fell by 9%, they have fallen all week, sue. >> understandably so, given what's going on there, michelle. thank you very much. appreciate it. >>> all right, staying overseas, o

our michelle caruso-cabrera joining us back at hq with thoughts. >> i add a couple points, coming outng saying, you cannot blame foreign intervention for the extremist ideology or blame -- >> go straight to him. >> ideology -- trying to push away naysayers who say part of the issues are, and we've frequently seen this is a response to pov poverty, response to wars, but he pushed that aside immediately. the core issues face are some of the fighters travel the to the region with u.k. passports, and it's easy to return if they can't figure out who is involved, and they want to be sure they are no longer committed to travel, and some of the futures measures they will take are focused on stopping mobility of individuals, but i think you highlighted the key point, a fight for years and probably decades. trying to pave the way for what is likely to be a long battle against what he calls extremist and poisonous ideology, not religion. >> okay, michelle, thank you very much, joining us now the the former u.s. ambassador to ukraine, and he served and coordinated this country's response to the a

i'm joe kernen along with scott wapner and michelle caruso-cabrera.ave played this, i'm not going to mention for -- we played in the background for certain guests. this is robin williams, doing the classic driving in my car -- yeah. >> i'm trying to think of who we played this far. >> i am, so. oh, he's on, on -- checking the -- >> no. >> checking the futures right now, we are looking they've come down a little. up only 5 points. you know, so this would be three days in a row. after a couple of dicey weeks. last week a good rebound week. week before, got a little bit scary gave back all the july gains at one point. right? >> yeah. there's concern out of europe this morning, german economic sentiment dropping sharply in august with a key industry reading hitting its lowest level since december of 2012. take a look at the euro. a little bit of pressure 1.33 it is right now. the german ten-year, there it is, well yielding 1%. geopolitics dominating the market headlines this morning. a convoy of 280 russian trucks headed for the eastern part of the countr

. >> i'm michelle caruso-cabrera. catch "fast money" tomorrow. don't move, though, "mad money" with jim cramer begins rights now! >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a work somewhere. and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money". welcome to cramerica. my job is not just to entertain you but to educate and teach. so why did you call? 4 call me at 1-800-. i want you to remember something. i want you to remember today where dow gained 62 points. nasdaq advanced 4.1%. this was a day where a number of good things that shouldn't have happened happened. consider the curiously outstanding case of -- omnivision. >> hallelujah. >> they make the best cameras, image sensors for your cell phones with superior technology. your pictures come out great, fabulous even because of omnivision. but cool doesn't cut knit a cool, steely stock market. that's why i have been gun shy of recommending it to you. while omnivision, the company,

chief international correspondent michelle caruso-cabrera is tracking the news. >> eduardo camp poos, and they e he died. we have video from local brazilian television, which shows the site. this has caused large disarray in the markets, and within the campaign for the presidency coming in october, because it's unclear where eduardo campos' votes will go. he had about 10% of the vote. now he will not be part of the race, where do they go? and then mean that there would be no runoff election in october. you can see the trade here in the united states. the currency, all moving very sharply. a lot of investors do not like the current president of brazil. they would like her to lose. the more her polls suffer, the brilliant market improves. the question is as to what degree does it affect her ability to win. back to you. >> with all bad news, is the u.s. the best place to buy stocks right now? the you tilts are down. take a look at the chart, you can see it's been a slow and steady move to the down side. we now are joined by ben willis, and michael farr is president of farr, miller and wa

i'm michelle caruso-cabrera filling in for scott wapner. mike, josh and pete, stephanie with us, and also joining us today is stacey gilbert. the head of derivative strategy at suss xa hana financiwquehann >>> a chance of russian invasions of ukraine on the rise. situation in gaza deteriorating then in the markets, major sell-offs in europe and japan, despite up a that, the rough week for the u.s., stocks rebounding today. seen it over and over again, ladies and gentlemen. stocks move higher in the face of bad geopolitical risks. is this the move along, nothing to see here market? take to the traders. are you surprised by today's action, josh? >> i guess i'm not. look historically at once a military action starts, even a minor one, typically the market exhales and usually a lot of the drama takes place before whatever's going to happen. not that we've nis yate e initi war, when it looked like obama would do something, futures started to move back. >> just before 9:00? >> wouldn't go as far to callful relief. just an exhalation and maybe tha

. >> i think there's a lot to agree with, kate kelly, michelle caruso-cabrera also here with us, but i think the stop complaining is getting a lot of attention, and someone suggested, is it fair to bash businesses this much? we haven't heard a lot of -- maybe less complaining. >>> well, okay. at delivers alpha, i interviewed ken griffin. in fact he actually said the problems in illinois and springfield are greater than the ones in the white house, but here's what he had to say broadly about the economy and some of the policies we see right now. >> our country that competes with every single country in the world, and we have a broken school system. we have broken tax policies. we have a series of regulatory decisions that place -- we need to start to make some hard choices about regaining competitiveness. >> you think that was fair and justified? >> listen, i think these are legitimate concerns about our system. you hear a lot of this from those in the financial world, and it's fair. here's a guy that creates -- i don't know the head count at citadel, about 1,000 or so, pretty well-pa

jim is in london today and our chief international correspondent, michelle caruso-cabrera right here

jim is in london today and our chief international correspondent, michelle caruso-cabrera right here on set with us. she'll begin with gemma first. in europe, whether things will get worse, especially germany it feels that way if you believe the data. >> what we're saying is, a fall in german sentiment but it's an overreaction. we do know any hit of confidence could affect investment and growth. but if we look why it's a negative reaction first, first, it's a react to russian sanctions. but russia accounts for 3% of germen exports. secondly, necessary to see german weakness and that's because for the eurozone to stay together, what was unsustainable a strong core against weakness in the periphery. you needed to see weakness come back into the core to bring things more alive. it could be beneficial if this means we start to see weakness in the euro which could benefit exports. on top of that, remember that ecb has that bazooka up their sleeve, they could come out with a bigger form of stimulus, probably next year, and actually next month, we're going to see targeted, you know, lpro, l

. >>> now to michelle caruso-cabrera on a developing story. >> the development has to do with the tankerl of kurdish crueloid anchored off tex texas. the government has filed in texas federal court, saying the judge should vacation the order to seize the oil, because she doesn't have judds and they have every right to sell it. they made clear within this filing, they will try to get this oil into texas. once again the kurdish government not backing down. there were some thoughts they would sail the ship away since it was still outside territorial waters of the united states, but they made it clear they would try to get the oil into the united states. tyler and sue, this could bring to a head the whole discussion about whether this semiautonomous region of iraq will be allowed to sell oil on the international market. if so they would have more money to their name and more to go ichbt and that could lead to the territorial integrity to iraq that we've been talking about. >>> michelle, thank you very much. let's segue back to stocks. it may by time to nibble a bit. seema mody will highlight

we want to bring in michelle caruso-cabrera as we count you down to the close in europe which will happents. michelle, what are we seeing today? >> of course, the biggest news out of europe this morning is the bail in and the bailout of the bank in portugal. the shareholders are going to get wiped out. so are the junior debtholders. we're showing you how shares got hammered last week. the senior debtholders, they're going to be preserved. but if this situation had occurred next year, the senior debtholders would also be gone, too, when the new banking law goes into effect. that's next year. so this is the beginning of the process where they tell bondholders in europe, look, you've got to pay attention to which banks you invest in. meantime, they need to use more than $6 billion in what is ultimately taxpayer money, but ultimately when the selloff of the assets of the troubled bank happens, it's expect that that money's going to get paid back. we're showing you the german and swiss markets, the worst performers. germany in particular hit by increasing concerns about what impact russian san

. >> michelle caruso-cabrera has the very latest developments. >> significant escalation on the militaryront. we already knew the separatists had taken over one more town overnight. we learned that late yesterday. roughly around 11:00 this morning nato holds a news conference and distributes these satellite images, five of them they say show russian combat pill tear forces inside ukraine. they say there has been a severe escalation in the past two weeks both in terms of quality and quantity of what's provided and at least 1,000 troops. brigadier general niko tak, he's dutch, says he thinks this is only the beginning, actually. >> these latest images provide concrete examples of russian activity inside ukraine but they are only the tip of the iceberg in terms of the overall scope of russian troop and weapons movements. >> only the tip of the iceberg. as a result, there was an emergency meeting of the u.n. security council today. u.s. ambassador to the u.n., samantha powers, once again very, very harsh words for russia. >> instead of listening, instead of heeding the demands of the interna

michelle caruso-cabrera's with us to talk international issues. and rick santelli, let me start with you and the market response to that jobs number this morning and how we've done. i mean, we were on track for the worst week in stocks in two years, but things have settled down a little bit this afternoon. what do you make of the market today? >> well, i agree with the president, i don't think it was a bad number at all. and from a jobs standpoint, there could be greater jobs, there could be greater wage gains, but it definitely is an improvement. so, i think maybe that speech ought to be mailed to janet yellen so she can square the president's comments regarding the good news that we had today. and even, of course, what we saw with the other reports showed some good dynamics for the economy and yields were moving higher until stocks, of course, started to move lower. i continue to think that the message of the stock market is going to be to try to transition into a world with less fed, and the treasury market's already given us its opinion on tha

michelle caruso-cabrera has the tale of the tape. >> looks like it. happened after the close, a friday night. the yield that day? it was 2.563%. a whole chart we can show you. if you go year by year, one year later, the yield on the ten year had fallen to 1.57. so that would have been a disastrous call if you decided to follow s&p and actually sell treasuries, would you have lost. because a tremendous rally that pushed yields lower. two years later, 2.64. pretty close. today, 2.35%. basically, haven't really gone anywhere. three-year chart it had nothing to do with s&p but the movement you guys have talked about in the yields, everything to do with what's expected when it comes to the federal reserve and what they'll do with interest rates. show you also, sell stocks based on that over the last three yes, you know this, but a disastrous move. and then the cost of insuring u.s. credit has fallen to nothing, ever since that time. keeps declining. once again, the ultimate contrarian indicator. >> not just the yields. total return, if you bought bonds the

michelle caruso-cabrera has been looking around the world at all the hot spots.t have you found, madam? >> going to the uk. let's go through the numbers and explain why it's happening. first, when you look at the members of the oecd, these are advanced countries, let's go all the wait to the left here, the united states has the highest combined corporate tax rate. that means federal, local, et cetera, 39.1% japan is about to lower theirs, all the way down to luxembourg. who had the lower rates? the magic wand, police. ireland. 12.5%, way down here. the united kingdom is still relatively high, 21%. still the most popular for three reasons -- language, law, location. hedges this graphic we made here. they speak english, duh, so a lot easier for a u.s. company. law, they do a couple things that are important, such as taxing intellect why will property revenue at a lower rate and properties at a lower rate, which is why we see a lot of pharmaceutical companies doing this, and also location getting to london is easy, and where in the world would you want to go if you'

we begin, though, with international correspondent michelle caruso-cabrera on that uk terror alert. mcc? >> yeah, the united kingdom raising the terror threat to severe, the second highest possible level, the highest level in three years. according to a statement released by the uk government, severe means that a threat is likely, but there's no intelligent to suggest that one is imminent. david cameron followed up with a news conference at 10 downing street. >> we are in the middle of a generational struggle between a poisonous and extremist ideology that i believe we'll be fighting for years, and probably decades. >> cameron went on to say that hundreds of british citizens are likely fighting on behalf of extremist elementses in world. the first isil-inspired attacks on the continent have already taken place. we believe the 500 people have traveled from britain to fight. >> recall the murder of a british army soerge in 2013, macheted to death. july 7th, 2005, terrorists bombed the london subway system and an iconic doubledecker bus. but david cameron faces a public that is tired o

michelle caruso-cabrera back at hq. >>> jon steinberg joining us. good to have you in. >> good to be here. >> talk about yahoo! here. trying to do its part to help aspiring small business owners. today the company's introducing yahoo! stores. a next generation ekmert platform will help anyone start, build and grow a successful business online. for forea cnbc exclusive interview, the business chief. >> good morning to you. >> walk us through what this is all about. >> yeah. absolutely. and i'm glad to be talking to you, talking with you about this. you know, over the last 15 years, yahoo! small business has helped over 1.5 million small businesses start their entrepreneurial journey helping them get a domain a website, an ecomass presence. they've processed over $65 billion in transactions so 1.5 billion customers so far. what we're doing today, taking the next step in the evolution of this platform. ten years back when people wanted to get online, sell stuff online, all they needed to do is get a website up. not true today. now you have to be availa

michelle caruso cabrera. reuters reports a probe relates to a four-year-old complaint to a unit from rival nvidia. if guilty, the company ka face a fine up to $2 billion. qualcomm is also trying to end a investigation. allergan is announcing a special shareholders meeting for october 18th. bill akman is hoping to out of the of the company's board. >> valeant would have liked this special meeting to happen yesterday. >> right. ooep he's probably happy about burger king, i would think at this point, isn't he? >> when one window closes, another one opens. >> but allergan, he's got -- >> cramer went off on -- >> oh, big time, ow. >> he did. >> which one? >> both companies are not great companies. he was right about that. >> i've never been -- i wouldn't -- you know, i wouldn't -- i don't need a -- i don't like the way it tastes like some flame grilled thing and the fries are -- >> it's doing better in that regard. the question is long-term can they actually step it up? we will see. let's tell but some other news.

our chief international correspondent michelle caruso-cabrera joins us right now with more on this storychelle? >> happened midsession yesterday eduardo campos. we have a video of the crash, pretty horrific. campaign aides on the flight, as well. and when the brazilian market immediately started to tank, as did the brazilian adr trade here in the united states and also the etfs. edouardo campos was never expected to win. he was the third place candidate. he was the governor of an area, we'll show video of him in a second, what the reason this is such a big issue is despite the fact he was in third place it still throws the whole election into disarray. the market narrative thus far has been so simple with brazil. the market wants dilma rousseff the president there to lose. and they want a guy named nevez to win. much more pro-market friendly. if you look at the one year chart of the brazilian market you will see at one point the polls started to turn which suggested that maybe he could actually win. and that's when the brazilian market started to really climb. >> this guy that got killed

all the stuff that miss michelle caruso-cabrera is going to talk about, it's global governance. >> icompetition. >> but -- okay so that's fine. how -- and i know you're going to bristle when you hear this, how is the public's will, the public good, the national interest expressed in a global world? >> we have not figured out how to do that. >> sorry -- >> we -- >> i immediately thought why the hell, then, if it's all -- why are we -- cnbc headquarters in new jersey. >> plenty of parking. >> no, because it could be miami. it could be santa cruz. it could be san diego. it could be la jolla, it could be necco wavers. >> we could have a bureau in montana. >> there's a lot of places. >> in the bahamas. >> fort lee in englewood cliffs new jersey and i know to your you know, to your chagrin -- >> i would do the montana thing. >> you would not! you'd hate it. >> l.a. how about l.a.? >> you would do that? well we could combine -- >> you get up early now. >> all of the -- >> you'd have to be up at -- >> all your irons in the fire -- >> how much money to just be anywhere? $30,000? $40,000? >> y