the modern metropolis, telecom asia, the major telecom operator there. , thef the main financials only loan stock that seems to be doing well right now. quickly checking in on what is happening in hong kong. many of the main shipping lines are extended. there is deal news of flight. many names are suspended right now. there are shares in the hr market that are rallying. it is pending possible deal news , and what we heard today is that china costco has been halted pending an announcement, with the shipping container line suspended as well. mergingid to consider china shipping as well as costco. watch that very closely. china merchants among the financials, telecom is doing well, and china rising versus the pur huge powerhouse gaming on the strip. walmart has one of its biggest customers, not a lot of investors in the stock today. sense oflet's get a enterprises index, the chinese companies listed here. , oil and gasg really leaving on the downside. financials are not far behind. major chinesehe names you want to be watching, petro china, down in the session, dragging the broader hong k

the nsa i think sees the telecom important intelligence tool, but the telecom companies long history of compliance at the nsa. since 1985, we are talking about a program that has lasted for decades. it sort of seems like -- amy: i want to go back to at&t we asked them to come on the show -- "we do not provide any information to investigating authorities without a court order or other mandatory process other than if a person's life is danger and time is of the essence. example, kidnapping situation, we provide help tracking down called number is to assist law-enforcement." other ? it is hard to say. the secret court orders are secret. know what sort of court orders they got. amy: mark klein, when president obama says, don't worry, the operation -- the reauthorization of the patriot act means yours, at&t, will hold the information, not us? well, you should worry. they're storing everything they collect in the collect everything they can get their on, as the nsa documents reveal. is no need for that. they should rip out the secret rooms. if they of some individual they get a worn foran

on the banking sector, the telecom sector, and the transport sector. as a result those sectors stood in the way of export. there is some work by kevin harris at princeton that is trying to do a similar kind of analysis of iran. so it is preliminary work. but he is finding various connections in the private sector with the regime. that could lead to similar consequences. so i think there is a concern -- and it is really transferable -- and it really is trying to promote competition so that the elite do not get in the way of promoting. >> i agree completely with what he said. what i would add is that on principles, not having means to iran now or ever, i'm just looking at the data. and comparing it with other countries. you have a country that that has been closed for a while there has been a big shift in resources. you cannot import. this is somewhat artificial. i'm sure that a lot of positions have been developed and is highly distorted and relatively isolated economy. in the course of the last three or four years. in this sense this is why i have put

according to the "new york times" the nsa long relying on the telecom giant to accessible loans of emails and phone records. at&t cooperating in a broad range of classified activities from 2003 to 2013. joining us now discuss this is former pentagon official steve buchi, now the director of ari son center for foreign studies. do these findings surprise you at all and what kind of information did at&t provide? >> well, this really shouldn't surprise anybody. remember, the national security agency is one of our nation's spy organizations. it's their job to collect information that adds to our national security. the fact that they worked with allegedly at&t and maybe some of the other telecoms, also should be unsurprising. this is right after 9/11, all these things started. everybody was a little bit worried about terrorism. >> so, you're saying, i think you just heard you say maybe not just at&t we might find out other phone carriers did the same. >> it seems like at&t at least according to the analysis of these documents that are more snowden released revelations that at&t seems to have be

the telecom carriers certainly don't want that to happen. they have complained to congress that the fcc has tried to break that log jam. but those are exactly the issues coming up ride now as some of the telecom carriers don't look to have that competition in their own backyards. >> linda is next. knoxville, tennessee, hi, linda. >> hi. first of all, i'm a history of technology major so i know something about this and there are federal subsidies for infrastructure have been in the u.s. since american history began, from canals to railroads, the california farm irrigation system, rural electrification and nothing about new about this. okay. now exactly, okay, second question is state and federal laws thwarted the effort for broadband expansion. i've got two examples. the federal 1996 federal communication tax says a company doesn't have to allow wires over their poles if they don't want to. and in my area, the poles are owned by two different entities, at&t and the local public utility. but if somebody else comes in, they don't have to let th

banks and telecoms are the biggest laggards. on the flipside come energy is one of the two biggest gainers. utilities up by a little bit more. that's look at individual energy stocks, they are enjoying a bit of a bump. earlier,me gains from it had been up by more than 6%. southwestern had been higher, now 3% up. apache by 3.6% up. the financials are the worst performers and the biggest losers included jpmorgan down 2.5%. their lowest stock price and five weeks. bank of america down 2.8%. morgan stanley nearly down 2%. the biggest loss since april. when you talk about stocks selling off, the vicks usually goes the other way. it is rallying for a second straight day, it has touched a one-month high. we've gone through a pullback. , had been higher by about 12 or 13%. investors are less jittery this afternoon versus this morning. so much.nk you let's take a look at the european market close. mark barton has details from london. for shares in europe, the biggest decline since october. china very much continuing to cast a shadow over

telecom billionaires, the , they weredo these the vanguards of m&a. they were were the deals were getting done. confidence does get shaken. matt: that is right. in the telecom worlds, no one wants to take a risk. if you talk about industries that need to consolidate, industries where technologies need to make decisions, that is at the top of your list. francine: thank you, matt campbell. windows 10 hast reached 75 million devices since its release at the end of july. six times more downloads per device on the app store. microsoft had the goal of reaching the fastest adoption rate ever of one billion users within three years. nasa has issued a new alert about global warming, saying sea levels are rising. an increase of at least a meter is unavoidable and melting of polar ice is driving by burning fossil fuels. nasa says see levels are going to rise. manus: donald trump says he would tax himself more if he became president. speaking to bloomberg, the republican front-runner said he would simplify america's tax target hedge fund profits, which are curren

the paper says starting in 2003, the telecom giant helped the nsa with wiretapping the internet communications of the u.n. it is the first few months of the operation the nsa got its hands on 400 billion internet meta data records. >>> it was not a good day to fly anywhere near the east coast after a computer glitch caused thousands of cancellations. the center control's high altitude air space for all three washington dc area airports, flights had to detour around the area for hours. >> i'm staying in an airport that i dope know in a place i don't know. ly be there all night. until the next flight in the morning. i'm not happy. i'm very upset. >> well tonight, the problem has been resolved and the flight backlog is slowly clearing. the faa is still looking into the cause of that glitch. >>> a florida woman coaches a little girl to shoplift and it is all caught on tape. it happened tuesday night. surveillance video captured the woman pointing out a bottle of tequila to the little girl. the girl tries to grab a big bottle and she opts for a smaller one. puts it behind her back. while the woman

another heavyweight softbank falling after the telecom giant increased its stake in sprint and disappointing sales of aly baba in which softbank is a heavy supporter. >>> worries eased enother countries as well. many markets in the region rebounded on thursday. shanghai saw a volatil day. shanghai composite bounced back 1.8% to hit a three-week high. analysts say a comment by a central bank official eased concerns over further devaluation. malaysia rose 0.73%. the country's economy in the april to june quarter grew 4.9% from a year earlier. that's better than many analysts had expected. hong kong was up 0.4% led by communications and energy shares. the main indes in south korea and indonesia recovered from a five-day losing streak. the philippines bucked the trend sliding 0.7%. >>> massive explosions occurred at a warehouse storing dangerous goods on the port of tianjin. chinese media report at least 500 killed, others taken to the hospital with injuries. firefighters are continuing to battle flames around the site. nhk world reports. >> reporter: the agency reports the first of a series of

according to "the new york times," the telecom giant shared billions of e-mails and phone records at the agency including those from cell phones. documents show the nsa had a much closer relationship with atm teeth and any of its competitors. the pro-public with documents from edward snowden. it makes it seem like at&t and let the reporting data collection here. what is their part? >> it is highly collaborative, so you have major telecom, second biggest in terms of wireless provider collaborated closely with nsa. it is actually not terribly surprising talking with the telecom sources i have. it's certainly alarming when you are thinking about the phone calls and e-mails but also searching the web and it's a violation of privacy. if you read the terms of the agreement at at&t or verizon or t-mobile, there's a lot of areas that your information is shared. sandra: at at&t, link with the nsa is shocking to a lot of people. >> its disastrous from a libertarian standpoint. with the powers that be at at&t, were they out there saying let's work at the nsa. maybe there's something in in it fo

who strongly supports it, the telecom is actually sponsored. it is sprout was delivering the pills. it's important to see that. it's lobbyism. for may, i think it's good to talk about it but taking the pill for four weeks every day, maybe having a half or one sexually fulfilling experience more a month, a thing for me it would not be worth it. -- i think for me it would not be worth it. anchor: thank you. daniel has some of the latest business news. let's go over to him now to get up-to-date. reporter: that's right. shares of the world's biggest energy companies are tumbling to multiyear lows. that as u.s. oil inventories continue to rise in prices extend their downward spiral. west texas intermediate, a benchmark of global prices, fell almost 5%. one barrel now costs just over 40 u.s. dollars. energy companies are suffering. they invested heavily in drilling when the price of oil was generally over $100 per barrel. our man on wall street has more. jose, what is behind this sharp decline? reporter: let's say that the main catalyst was the completely unexpected search, basically anal

who strongly supports it, the telecom is actually sponsored. it is sprout was delivering the pills. it's important to see that. it's lobbyism. for may, i think it's good to talk about it but taking the pill for four weeks every day, maybe having a half or one sexually fulfilling experience more a month, a thing for me it would not be worth it. -- i think for me it would not be worth it. anchor: thank you. daniel has some of the latest business news. let's go over to him now to get up-to-date. reporter: that's right. shares of the world's biggest energy companies are tumbling to multiyear lows. that as u.s. oil inventories continue to rise in prices extend their downward spiral. west texas intermediate, a benchmark of global prices, fell almost 5%. one barrel now costs just over 40 u.s. dollars. energy companies are suffering. they invested heavily in drilling when the price of oil was generally over $100 per barrel. our man on wall street has more. jose, what is behind this sharp decline? reporter: let's say that the main catalyst was the completely unexpected search, basically anal

eamon javers in washington. >>> coming up, as the telecom industry under goes a massive transition, is the way you buy a cell phone about to change forever? >>> american airlines will begin offering charter flights into cuba. the airline is partnering with cuba travel services to fly out of los angeles and straight into havana. the carrier says it is going to be the first to offer nonstop service from the west coast to the island nations since travel restrictions were eased last month. carnival airlines received approval to travel to cuba next year. >>> public safety is a multimillion dollar business and new companies are helping law enforcement. today those companies gathered in washington, d.c., to show off their latest products at the industry's biggest trade show in seven years. and hampton pearson was there. >> reporter: first responder technology is now a $6 billion a year business. this week, nearly 6,000 public safety communications experts from across the country are in washington, d.c., shopping for solutions. everything from the next generation radios, from harris communicat

, the telecom sector, and the transport sector. as a result those sectors stood in the way of export. there is some work by kevin harris at princeton that is trying to do a similar kind of analysis of iran. it is preliminary work. he is finding various connections in the private sector with the regime. that could lead to similar consequences. i think there is a concern -- it is really transferable competition so that elite capture does not get in the way of promoting. >> i agree completely with what he said. what i would add is that on principles, not having means to iran now or ever, i'm just looking at the data. and comparing it with other countries. you have a country that that has been closed for a while there has been a big shift in resources. you can import. this is somewhat artificial. i'm sure that a lot of positions have been developed and is highly distorted and relatively isolated economy. in the course of the last three or four years. in this sense this is why i have put so much stress on the wto negotiations. which the

that has led by the telecom sector and the financial sector. four of the 10 are down by more than 1%. well, on the flip side, energy is up. let's look at some winners. they are hard to find. starting with -- let's change course. china's slowdown, let's take a look at yum. it is down 3.8%. wynn resorts is down by 2.8%. 50% to an exposure of china and basically, wynn 3.5%, year ton 2.5%.hey are down its 10th best for day since late june before coming down just a bit. investors are racing to safety as stocks selloff. it is touching its lowest level in three months. vix stocks selloff the goes the other way. they are rallying for the second straight day. 8.7%.up are on track for the best today gain. back to you. betty: it is the fear factor. remy, thank you so much. der has started a firestorm. sales surveyed the hookup culture among the users of the app. scorned, theyer posted more of -- more than a 12 30 tweet rant. they have now admitted they overreacted. >> you just have to get it off your chest. this was brutal. this was smacking each other ba

what is the telecom giant introducing now? >> as you quite rightly say hot on the heels of that $48 billion acquisition of directv, we're seeing at&t saying look you can get tv on demand anywhere any place, tv and wireless package for $200 a month for the first 12 months effectively saying come get tv at any point. the key question for this country country, can they lure consumer as way from their competitors at a time when more and more americans are buying broad band only and not tv packages. this will be the key question for at&t. just how well is it going to work? back to you. >> julia chatterley live for us from london. >>> still ahead on "way too early" add one more wildfire to the dozens rages out west. dozens of homes destroyed and dozens more being threatened. bill karins will join us to tell us if the weather will give firefighters a break. >>> plus -- >> gentlemen, we're burning daylight! riders up. >> the only star bigger than bill murray at the big horse race in new jersey over the weekend, triple crown winner ame

utilities and telecoms are the only sectors in the green. energies and materials on the flipside are the biggest losers. materials down by 1.9% as they both have been all year. it turns out the energy sector is now down 15% your today. let us move to commodities and we will first take a look at oil. crude oil futures are down -- look at this, four percent just today. they are trading at $43.17 a barrel. march 2009e since and due to the production of iranian oil pushing it to the highest in four years but china's devaluation also making the biggest oil user production slow as the commodity rises. on to another commodity, copper is at its lowest level since 2009, down 3%. this after china's devaluation as well and it makes its own exports cheaper is. it makes things more expensive to import goods like commodities. the country is the world biggest producer as well as consumer of metals. note,y to the 10-year bonds are rallying after china's move. yield is down to 2.12% right now. fear and loss pervading the market. betty: marcus determined by g

that goes back to the telecoms market and the a lot of the pressure you're seeing there and a lot of his direct stakes are ing under pressure. his grip on the telecom industry is loosening. and then you have the market and the currency. it is a bad miss for him. francine: thank you very much for all of that. manus: let's get you up to speed with the top headlines on "the pulse." a french prosecutor says the man suspected of carrying out the attack on a high speed train last week watched a jihadi video the d just moment before violence. the prosecutor also said that he was carrying 270 bullets, an assault rifle and a bottle of -- francine: japan can't guarantee its stadium for the 2020 games will be ready. abe scrapped the original plan after construction costs ballooned to $2 billion. tokyo is expected to come up the a new plan by end of manus: the studio behind the batman versus superman movie is in talks with the china media capital to make films on the mainland. they surged 24%. $4.8 billion compared to a in north america. francine: ashley madison is facing a backlash in the u.s.

meanwhile the telecom carrier wars are heating up. sprint is abandoning a two-year contract leaving at&t as the only one still offering discounted phone prices. meanwhile sprint's ceo speaking out on "squawk box" this morning about his ongoing twitter feud with john legere. take a listen. >> it's not a marketing strategy. we keep it competitive. it keeps our employees excited. he's been beating up on our employees for way too long and that's over. we're back and winning customers. we're not going to let anybody continue to insult sprint. sprint is doing well. we don't like it when somebody insults sprint, and i guess somebody like john legere, we have to talk to him in a language he understands and a language he uses pretty well. >> it's certainly spirited. let's bring in the founder of government nathanson. he raised the sector to overrate. >> good morning. >> in fairness here, what sprint has inveiled is a new leasing plan. for $22 a month, you are able to get an iphone and you can upgrade that every year. rather than the two-year p

telecom sector, and the transport sector. as a result those sectors stood in the way of export. there is some work by kevin harris at princeton that is trying to do a similar kind of analysis of iran. it is preliminary work. he is finding various connections in the private sector with the regime. that could lead to similar consequences. -- itk there is a concern is really transferable competition so that elite capture does not get in the way of promoting. i agree completely with what he said. what i would add is that on principles, not having means to iran now or ever, i'm just looking at the data. and comparing it with other countries. that hasa country that been closed for a while there has been a big shift in .esources you cannot import. this is somewhat artificial. positionshat a lot of have been developed and is highly distorted and relatively isolated economy. in the course of the last three or four years. why i havese this is put so much stress on the wto negotiations. which the iranians are really very keen on and the

>> in the telecom world, the consumer is the winner. this is an arm's race and they are benefiting in the situation because they are going to have this lower price. now, it's interesting. at&t is saying, we are giving you the lower price if you switch from another competitor as opposed to their current customer. we will see what they will do for them there. but it reminds me a lot of those days when we used to get the solicitations from the credit card companies telling us to roll over our balance from one company to another. we knew it was a teaser. so the question then what happens after year one when this fee is guaranteed? >> you know what i'm wishing for? is to be able to travel around the world seamlessly and have one smartphone that can do everything for you. >> well, they are certainly, in terms of america, they are going to be able to offer you that. globally, that is another story. we will have to wait for that to play out. >> thanks. >> you know what i wish? to travel around the world seamlessly! what about you, charlie? i wa

. >> we had just had a discussion about the telecom market at large and how you're feeding into population growth. everybody has their phone. here they're feeding into a trend which unfortunately we know too much about, and that is cord-cutting, right? if you're going to lose your cable box, you might look at something like this. >> not only cord-cutting, but cord-shaving and we've got also what gets lost in both of those numbers are the young people who never had cable to begin with. so that's obviously a huge disrupter. we're seeing it in all of the -- >> a household formatation play. >> 100%. >> walmart is another good story. shares falling to a new 52-week low. the company cutting guidance for the rest of the year. walmart stock continues to underperform especially versus amazon. amazon up more than 70% so far this year. walmart is close to a bear market since the beginning of the year we know amazon overtook them in market share. even though their sales are nowhere near the biggest private employer in the country. >> there are good things in the report. revenue was a little strong tha

the year before that it was the worst performing sector. we're looking at the telecom sector. they've gotten in check because of that ujds performance. you still see some of the best dividend deals in the market and one of the biggest positives is capital spending as a proportion of revenues is going down across the sector which means more room for names like atat and verizon. >> thank you for the tips. be sure to go to powerlunnch.cnbc.com to see why erik says the fed will raise rates in september. that seems to be the prevailing feel down here. >> every day thousands of flights take off every day. they have passengers in a choke hold. the faa estimates the cost of congestion and delays is $22 billion a year now and if things don't improve, it will escalate to $63 billion by 2024. phil lebeau joins us from the denver international airport with the answers. phil. >> reporter: tyler, thank you very much. one reason we're here in denver is because this expert has already instituted a lot of nextgen technologies. you're probably saying to yourself, what is next jep and why do i c

>> in the telecom world, the consumer is the winner. this is an arm's race and they are benefiting in the situation because they are going to have this lower price. now, it's interesting. at&t is saying, we are giving you the lower price if you switch from another competitor, as opposed to their current customer. we will see what they will do for them there. but it reminds me a lot of those days when we used to get the solicitations from the credit card companies telling us to roll over our balance from one company to another. we knew it was a teaser. so the question then what happens after year one when this fee is guaranteed? >> you know what i'm wishing for? is to be able to travel around the world seamlessly and have one smartphone that can do everything for you. >> well, they are certainly, in terms of america, they are going to be able to offer you that. globally, that is another story. we will have to wait for that to play out. >> thanks. >> you know what i wish? to travel around the world seamlessly! what about you, charlie? i w

today, oil and gas are down .2 .6% and every other one has closed higher, led by the telecoms. certainly, more volatility. mark: thanks a lot. germany's parliament is due to vote on the greek rescue package today with the parliamentary debate already underway. we spoke to the european andissioner vice president, he was optimistic about the deal getting approval. will tow strong conclude this program and find a solution, how to deal with the greek economic problems. supported,ngly respectively by german and dutch finance ministers, so certainly from the european o commissioner point of you they will get parliamentary approval and will seek to finalize it. mark: this comes as the ecb moves on reducing greek bank aiders as the bailout is easing tension. let's bring in hans nichols from berlin. first to you, hans. what are we expected today from this german parliamentary vote? hans: we are expecting 56 defections. there was a straw poll last night -- that is less than the 60 folks that voted against the actual authorization. it looks like it will pass the bundestag. introductions w

. >> the telecom's magnate that previously owned the house that he bought, he previously bought it for $21 million in the year 2000. quite a trade. >> nice flip. >>> markets are closing in the uk and across continental europe. equities trading lower after flash eurozone gdp data missed a lot of expectations. investors are watching a key european meeting on greece's third bailout program. china in focus as well as the chinese central bank continues to intervene to halt the decline in the yuan and saying overnight that they expect to support equities over their four years. when we come back, leading internet analyst mark mahaney changing things up with his top stock picks in tech. we'll find out what those are, in just a moment. le for medicar? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they could save you in out-of-pocket medical costs. call today

may contact at&t over claims that the telecom company helped the nsa to spy on customers and citizens. the issues of privacy and security paramount when confide was created. the company releasing a new app that sends encrypted, self-destructing screen shot proof messages for use on mobile and desktop. the co-founder and president jon broad is with me now. i know that confide has been mobile for a while. now it's available on desktop. >> correct, confide for desktop both for mac and pc, our whole goal was to bring off-the-record communication online particularly for businesses and business people. >> i think of it as snapchat for grown-ups. >> couldn't say it better. deirdre: without the ghost. i have confided with different sources, is this true or not true and because it's encrypted, it disappears, it's confidential. >> yeah, sort of like as private and secure as the spoken word messages are, anti-encrypted. disappeared after read once and screen shot proof not only on the mobile apps but the desktop apps in the workplace. deirdre: does this solidify the usage, then, for business use

the unions say the telecom giant is demanding that workers contribute much more to their healthcare plans and macon sessions on pensions. if there is a strike, a verizon spokesperson says that the impact on customers is likely to be minimal. >> an angry dad is accused of trying to run down a group of teenagers and you won't believe what he did after those teens jumped out of the way. that's coming up. >> and turkey trouble on a college campus. it's terrorizing students. they describe their run-ins with a belligerent bird. >> bar customers are being told to breathe easy and responsibly. plus why they need a plastic poncho to get into this place. >> and you need your poncho tonight for the rain showers out there. just one or two of them but they'll be gone by tomorrow morning. by the time you wake up, that sunrise comes up 6 o'clock now, the temperatures are a little cooler, 69 in the city, 64 in the suburbs clear and comfortable. but we're heating up again. that heat wave continues. the numbers are in the seven-day coming up. flush >> ♪ >> a painful goodbye tonight for bobbi kristina bro

here are some of the other stories. in a telecoms deal with $24 billion. the arrangement makes the combined company in italy the spur --wireless provider. of two spur the efforts companies. the deal still needs approval and it has to come from the eu antitrust regulators. we are also watching the first republican presidential debate which opened with fireworks featuring donald trump. the candidates were likely to want to direct any attention away from him, that isn't happening. let's have a look at what has been said. jump is the only one of 10 republicans on stage you refused to say he would abort -- support the eventual pick. rand paul jumped in to say that that is what strong -- what's wrong. trump shrugged off the attack from paul and said he has given him plenty of money. the federal election commission has no record of trump contributing to paul. the long list of republicans who would be president have begun that long race to the white house. i want to get to the earlier debate. fiorina emerged a winner. halfway through, twitter buzz politicalement,

the documents date from 2003 to 2013 and detail the telecom nsa. an at&t spokesperson says it does not comment on issues of national security. >>> from arnold schwarzenegger to bob marley, john montone is on the move to find out about the stories behind your dog's names. >> and living large on a 14- acre compound. a man show with a lagoon style pool and a spa house to help you rest and relax. we will introduce you to the former tv star that lives here. >> vanessa murdock with a check on the forecast. >> yes. the color of the pool is almost the color of the sky. what is that? it's you! it's me? alright emma, i know it's not your favorite but it's time for your medicine, okay? you ready? one, two, three. [ both ] emma, emma bo-bemma banana-fana-fo-femma fee-fi-fo-femma em-ma very good sweety, how do you feel? good. yeah? you did a really good job, okay? [ female announcer ] to nurses everywhere, thank you, from johnson & johnson. early detection is critical in fighting cancer. a misdiagnosis or other errors can have serious consequences. for almost 4

that owned the banking sector, the telecom sector and the transport sector. and as a result, those sectors stood in the way of export-led growth. now, there is some work by kevin harris at princeton that's trying to do a simple kind of analysis of iran. it's preliminary work, but he's also finding various connections in the private sector with the regime that could lead to similar consequences. so i think there is, certainly, a concern. and in many ways when i was referring to in terms of creating a better business climate really is trying to promote competition so that this elite capture doesn't get in the way of promoting employment. >> uri? >> yeah. no, i agree completely with what shanta said. what i would add is that, you know, on first principles not having been to iran recently or ever, okay? i'm just looking at the data here and comparing it with other countries. you have a country that has been closed for a while. there's been a big shift of resources toward the traded sector very simply because you can import. and this is somewhat artificial. i'm su

you have the telecom companies, right, like a frontier communications. one of the best yielders in the s&p 500 right now up north of 8%. also vodaphone, not a u.s. company but has a 5% dividend yield, so decent for the uk phone provider. mattel 6.5%. conoco phillips, almost 5.5%. verizon, exxon mobil, oil and gas telecom well represented here. there were a slew of companies, about 50 of them within the overall s&p 500 that have yields north of 4%. here is always the caveat, and you made an allusion to this earlier, only two of the stocks on the board have yields close to flat, slightly negative or above and that's, again, vodaphone up for the year, right, and then verizon communications down about 2% on the year. among all of these the dividend yields are high, sarah, partly because the stocks are all negative. they've fallen so much in value year to date. back turnover to you, sara. >> thank you, dom chu. which are value trades and which ones are traps, steve? >> i don't like any of them. if i had to buy one it would be verizon. buying a stock because t

the telecom company with a major manufacturement reshuffle. what does it mean for the company's turn around plan? we'll discuss after this break. >>> some gains after falling to lows of the year but the sharp slide hitting european oil and gas stocks. the renowned investor tells cnbc prices will stay subdued in the short-term. >> the decline in oil production that was anticipated has not yet occurred and i'm not sure it will occur. prices will probably be soft for a little bit. >> chinese stocks swing higher after they take more action to stem the volatility but emerging market investor tells

through the privatization and deregulation and monopolization of the telecoms, they run things now. i blame that on the american people voting for republicans. when they wake up to the fact that that is the problem, things will get better. thank you. host: tony romm? of folksthink a lot remember that history of the rural electrification administration, the predecessor to rus. there were folks the call that will show that. they felt it was un-american that the government would provide those funds to build electricity out to rural towns, but as it was hated, it was a wild success decades after its implementation, making it more striking that the rural utility service has struggled so much with broadband. when it comes to partisanship and political parties in d.c. and telecom, folks are spit -- split both ways. folks don't seem to want the sec playing as strong of a role as democrats would like. but democrats have been in charge during expansion is -- expansions. it was a democrat in charge when comcast purchased that slightly different deal. to give an example of a democrat who was th

stake in the japanese telecoms and internet group making him the second biggest shareholder following the founder and chairman. so after recording its biggest one-day drop in six weeks, on wednesday the nikkei fell again. today its lowest close since mid-july. that's all for me for now. back to you in the studio. >> thanks for update. that ramin mellegard reporting from the tokyo stock exchange. >>> now lingering concerns about the chinese economy took a toll on most other stock markets in the region. the shanghai composite closed at its lowest level in two weeks. the benchmark index tumbled 3.4% after two volatile sessions. it went below the key 3700 mark. analysts say efforts by chinese authorities to prop up share prices failed to improve investor sentiment. hong kong and sydney both hit their lowest point for the year. the hang seng lost 1.7% conditioning its slide into a fifth straight day. the australian ben mark index was down 1.7% and in seoul the kospi fell 1.32 boston. the people at an e-commerce site rakuten are vowing to get goods to customers faster than ever, making some

the union's say the telecom giant is demanding workers crib much more to their healthcare plan and make concessions on their pensions. verizon says it is disappointed a deal has not yet been reached. >>> a pennsylvania gynecologist is now being accused of illegally killing a lion in zimbabwe in april. they say john casimir suske shot a lion with bo and arrow at the national park without approval, on lands where lion hunt something not permitted. the lands owner has been arrested, but is cooperating with police. he lives in murrays ville just outside of pittsburgh. now, he appears to be an after i had big-game hunter, safari outfit err and bo hunting site posting this picture identifying a man pose wag dead elephant, as doctor suske. congratulate him on his kill. it is not clear when this photograph was taken. now, all of this, a mid the outrage overseas ill the lie on. authorities in sim bog way say they will seek the extradition of minnesota dentist walter palmer. they say he illegally killed cecil a month ago after they lured the beloved animal off protected lands. palmer claims he re

telecom sector, right? you had innovation around the dotcom bubble, the oil prices that fell, geopolitical risk heightened. you had all of these sort of macro, as well as high yield unique facters that contributed to mid single digit default rate that led to the dotcom bust and that's where we are today. >> when does this liquidity get pulled back, in your words? when does it become a real problem? that's a point of contention among even those who waving red flags right now? >> sure. so as we think about liquidity, one of the big measures that we look at is the ownership of the market. 25, 26% of u.s. high yield is owned by retail. 10% of that is owned by etfs. that's similar to the late 1990s when 30% of the market was held by retail. >> you're making a similar argument that carl icahn made at delivering alpha. >> liquidity is an issue on the street. you saw this last fall. people sell what they can, not necessarily what they want to. right? so if you want to sell your energy paper, you may need to do so d

the unions say the telecom giant wants workers to sharply increase their health care contributions and make concessions on pensions. if a strike happens, verizon expects it to have a minimal >>> politics now. in the race for president tonight, building speculation that vice president joe biden will throw his hat into the ring. the vice president had largely shelled such deliberations during his son's illness and following his death earlier this year. but people close to the vice president have apparently resumed discussions about a 1026 presidential run. >>> a confusion tonight about the well-being of another famous lion in africa. this week the death of cecil the lion sparked international outrage. well, now there's concern that another lion in his pride jericho may also have been killed. now if true, jericho's death could put cecil's cubs in danger. abc's phillip mena has details. >> reporter: there are conflicting reports tonight from zimbabwe. the jericho the companion of cecil the highon may have been killed. -- lion may have been killed. jericho reportedly shot illegally by a hun

union says that the telecom giant is demanding workers sharply increase their health care contributions and make concessions on pensions, verizon says it is disappointed it has not reached a deal just yet. >>> okay. so tomorrow we will call it take two, septa is set to sell their special passes for papal wrist it next month. but this time septa hopes you won't be locked out because they are switching to a lottery system. 175,000 ticket will be sold, to the lucky winners, and those will be the only people who can use regional rails the weekend the pope is in town. excuse me. but on social media people are not that optimistic bit. karen tweeted this will not end well, i fear septa pope passes, now with a lottery. she thinks it is all confusion. roy wrote worst, now you have to win a lottery to buy a septa pass for pope's visit. philadelphia is an embarrassment. septa is confident everything will be fine but there are some things you need to know before tomorrow's lot theory. joining us this morning is septa spokesperson, jerry williams. good morning to you. >> good morning. >> all right.

towards 13 telecom the you had bumper-to-bumper traffic last night because of that problem, a serious accident yesterday by deleting moving 5 northbound and southbound, no issues a. problem with the trains, 1 and 2 trains from 92 street and 72 story, a train with mechanical problems and fire department activity so the two are running on a 5, both directions. more on that dirt bike accident. >> the new jersey turnpike wants to open following the deadly dump truck crash and fire. >> it was traveling and a major toll road and:45 yesterday morning. the driver did not noticed a tow truck slowing down and slammed into the car and a tow truck was telling. the driver of the dump truck died in a fiery crash, live power wires were left dangling over the highway and traffic remains backed into the evening, we spoke with stuck commuters to >> this is insane. >> bumper-to-bumper with the detours to bumper-to-bumper. >> it is frustrating, very frustrating. >> you have to breathe and said it could be worse, we are healthy and got to be healthy. >> that is the attitude. >> not much you can do about i

chanos's point on this is it's like the old telecom companies. >> got the final call from the options pits. stay tuned. here at td ameritrade, they work hard. wow, that was random. random? no it's all about understanding patterns like the mail guy at 3:12 every day or jerry, getting dumped every third tuesday. this happens every third tuesday. we have pattern recognition technology on any chart, plus over 300 customizable studies to help you anticipate potential price movement. there's no way to predict that. for all the confidence you need. td ameritrade. you got this. >>> just ask yourself. would you like it on the fundamentals as they're currently configured? here's what i've discovered in 36 years. luck ain't an investment strategy. i'm here at the td ameritrade trader offices. ahh... steve, other than making me move stuff, what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place that lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipate

chanos's point on this is it's like the old telecom companies. >> got the final call from the options pits. stay tuned. here at td ameritrade, they work hard. wow, that was random. random? no it's all about understanding patterns like the mail guy at 3:12 every day or jerry, getting dumped every third tuesday. this happens every third tuesday. we have pattern recognition technology on any chart, plus over 300 customizable studies to help you anticipate potential price movement. there's no way to predict that. for all the confidence you need. td ameritrade. you got this. it means you can also afford to get up to 50% epic-er epic rides. making it the place yippeeee! to find a place for labor day. go and smell the roses! oh, thank you,i like your place. make yourself at home i'll be right back. hm. she's got x1. alright. huh, hm, ohh... monster? she seemed so nice at dinner. i'm back! ahh! uhh... whatcha doing? ohh, just... watchin' law & order. awww, you're nervous. that's so cute. call and upgrade to get x1 today. ♪ ahh... steve, other than making me move stuff, ces. what are you wor

the union says the telecom giant is demanding that workers sharply increase their health care contributions and make concessions on pensions. verizon has called the union's proposal unrealistic and out of touch in today's marketplace. >>> well, cbs 2 has learned more about the intense security plans for the pope's visit in september. it calls for sniper routines and frozen zone force cars and pedestrians and radiation sec tors. and we learned there is a request to stop subways and commuter trains. cbs 2 political reporter marcia kramer has the exclusive details. >> penn station is the busiest train station in north america. some 600,000 commuters use the six subway lines and the long island railroad, and new jersey transit and amtrak. plans by pope francis to offer mass right above the station in madison square garden, at 6:00 p.m. on friday, september 25, rush hour, have law enforcement firms in hyper drive, worried about terrorism. >> you could potentially put some sort of bomb explosive device there. >> sources tell rbs cbs 2 that officials are working on a plan to close some station ent

i think we need to push the telephone companies, telecom to implement the technology and the name of consumer protection and i will be following the ftc's work with great interest in this area. senator mccaskill. >> while we were talking i went on to file a complaint and pretty straightforward. there's a lot of good information when you go to the homepage and just put an ftc robocall complaint and it allows you to link through. the one thing i don't find this please file a complaint because it helps us catch them. >> that's a very good point. >> you know, i think ms. blase made a point. you are barely, barely hitting the tip of the iceberg in terms of these complaints and i think there are people out there like ms. blase who obviously is my favorite goodness we've had in like forever because i can tell you are my kind of woman. no non-sense, rack them up, let's get this thing solved. i think there are a lot of people out there like ms. blase who if they knew that filing this complaint but hope you find these guys and catch them, they would be much more interested in going through the