NEWS-04
an actor`s death, and how Facebook`s CEO likes to maintain his privacy.>
waited for the outcome of today`s referendum on Britain`s membership in the
European Union. The Dow finished forty-eight points lower.>
On the CBS MoneyWatch now, a car recall is on the fast track after an actor`s death, and how Facebook`s CEO likes to maintain his privacy. Jill Wagner`s at the New York Stock Exchange with that and more. Good morning, Jill.
JILL WAGNER: Good morning, Anne-Marie. Stocks on Wall Street are in a bit of a holding pattern as investors waited for the outcome of today`s referendum on Britain`s membership in the European Union. The Dow finished forty-eight points lower. The S&P fell three. The NASDAQ dipped ten points.
Fiat Chrysler is speeding up the recall of cars with confusing gear shifts. On Sunday, a 2015 Jeep Grand Cherokee killed Star Trek actor Anton Yelchin when it pinned him against a mailbox pillar. His Jeep was among the 1.1 million vehicles recalled in April after drivers complained that they had trouble telling if the transmission was in park after they stopped.
The electric carmaker Tesla made a 2.8-billion-dollar offer to buy solar panel maker SolarCity. Tesla CEO Elon Musk is the largest shareholder in both companies. Tesla`s stock tanked following the news it was down nearly ten percent. Musk wants to create one-stop shopping for clean energy fans who could buy an electric car and home solar system from the same company.
And Facebook CEO Mark Zuckerberg apparently employs some low-tech security measures for his computer. In a photo posted to his Facebook account, it appears that Zuckerberg`s laptop camera and microphone were covered with tape. If so, it`s a precaution that many people take to protect themselves from unwanted surveillance. Hackers can gain control of computer cameras via malware, and computer owners may be unaware. Anne-Marie.
ANNE-MARIE GREEN: I do the same thing. Jill Wagner at the New York Stock Exchange. Thanks a lot, Jill.
Still ahead, epic celebration. Fans crowd the streets of Cleveland for a parade to honor the NBA champions.
(ANNOUNCEMENTS)
ANNE-MARIE GREEN: Throw hockey is coming to a place where ice is most frequently used to chill Scotch. The NHL yesterday awarded a franchise to Las Vegas. It is the league`s thirty-first team. Play will start in 2017 at a brand-new arena, of course, near the Vegas Strip. Where else?
Well, Cleveland sports fans are celebrating for more than one reason--the team said more than a million people filled the streets yesterday to cheer LeBron James and the NBA champion Cavaliers. James made good on his promise to bring the title to his hometown.
LEBRON JAMES: This so surreal. And I was talking to my wife and I`m like, babe, we did it. Like--
(Crowd cheering)
ANNE-MARIE GREEN: Fans were also relieved to hear that James plans to stay in Cleveland even though he`ll be a free agent next month.
Well, coming up after your local news on CBS THIS MORNING, CEO of LinkedIn.
I`m Anne-Marie Green. This is the CBS MORNING NEWS.
(ANNOUNCEMENTS)
STEPHEN COLBERT (The Late Show): With his poll numbers dropping, he gave a fiery speech that some are calling an attempt to reset his campaign. I mean, they had to reset it. They kept getting the error message, Error 404 Shame Not Found.
(Crowd cheering)
ANNE-MARIE GREEN: The Late Show`s Stephen Colbert with his take on Donald Trump`s speech. Good news, The Late Show will be broadcasting live during next month`s political conventions. The RNC kicks off July 18th with the DNC the following week. Lots of material there, I`m sure.
Well, here`s another look at this morning`s top stories. The Democratic sit-in on the House floor continued into the early morning. Some two hundred Democratic lawmakers are demanding a vote on gun control. They carried signs, shouted down the speaker, and sang. But Republicans would not budge. Early this morning they passed a bill to deal with the Zika outbreak, then adjourned the House until July-- until after, rather, July 4th.
And Donald Trump lashed out at Hillary Clinton. Speaking in New York, Trump called Clinton a world class liar without the judgment, temperament, and confidence to be president. Clinton responded and said Trump is going after her personally because he has no answers on substance.
END
(Copy: Content and programming Copyright MMXVI CBS Broadcasting Inc. ALL RIGHTS RESERVED. Copyright 2016 CQ-Roll Call, Inc. All materials herein are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of CQ-Roll Call. You may not alter or remove any trademark, copyright or other notice from copies of the content.)
