brian moynihan the ceo of bank of america. b back to you in the studio. >> thank you. >>> coming up, we're going to talk the future of twitter. then later reaction to the ecb rate decision or non-decision. and interest rate talk with former dallas fed president richard fisher. "squawk box" will be right back. today, i am helping people work better... and also feel better. i am helping hospitals personalize treatments using billions of data points. and working with medtronic to predict the highs and lows of diabetes, hours in advance. and i am working with orreco to use biomarker data to boost the performance of athletes. hello, my name is watson. working together, we can outthink anything. hwe're drowning in information. where, in all of this, is the stuff that matters? the stakes are so high, your finances, your future. how do you solve this? you don't. you partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. morgan stanley. it's a very specific m

many sleep-aids have pain medicine tbut zzzquil is differentard from bank of america. because why would you take a pain medicine when all you want is good sleep? zzzquil: a non-habit forming sleep-aid that's not for pain, quilted northern works their bathroom experience. but these birds see all and forget nothing. except this one, who has an outlet for a face. a leading consumer testing publication recently tested the top laundry detergents. the winner - persil 2 in 1, didn't only beat tide... it beat every single detergent tested. boom. coumers alike are anxiously awaiting apple's big announcements. we have the details. >> good morning. expect a splash. finally some waterproofing, a better camera, not to mention changes to faster processing to keep up with new apps as well as called piano black and you may see the removal of a standard head phone jack, that pushes us toward wireless head sets. but some are prepared to wait it out for the iphone 8 in another year's time. and the car dealerships have been busy, some of the things to credit fuel boom but if you look at 3

newguard isn't stepping up to refund the money, and neither is bank of america, though bank management had plenty of time to step in. even law enforcement didn't seem excited to help. so i went to the top for answers. the u.s. secret service. >> it's like hunting you know. >> reporter: special agent billy joel powers know this e- mail scam well. he explains the crooks hack into e-mails and look for the perfect target. >> is that what makes home buyers good victims for these guys? they are not used to it and they are wiring a lot of money. >> well, they are not used to the process, you know. it is not, you think about how many times you have wired money. it is probably not that many times. >> reporter: since 2013, th and $1.3 billion up for grabs. when the fraud is found, there is limited time to stop the wire. and in cheryl's case, she cried in the lobby but says the manager at bank of america refused to freeze the crook's account. powers tells me that could have been done with one phone call to his agency. >> well, you call your bank, and, then, also, call law enforcement. >> reporter

the eastern bank a few hundred yards away from the bank of america just minutes before the robbery. police say these pictures taken at the bank of america show the same man in the sale clothing approaching a teller. authorities say he passedded the teller a note demanding money. >> he left on foot and bank surveillance shows him heading toward oak street. he may have entered a silver vehicleit tom: anyone who may recognize this man is asked to call manchester police. mike haddad in, another great day today. mike: if you like summer warmth. 80's for many, making a run within a few of the record in concord. and a sunny stretch ready to take over from these clouds. but where do the temperatures go, a little bit of up and down between now and the weekend. jennifer: now to our u local hot shot, just take a look at who woods, pretty impressive. nuclear, just the power the idevastation, is very important generals dto me.ieve me. i want to be unpredictable, unpredictable, unpredictable, unpredictable. priorities usa action is responsible for the content of this advertising. kelly ayotte: th

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go get it. ...coach gilman used his cash rewards credit card from bank of america ?? [ crowd cheers ] 2% back at grocery stores and now at wholesale clubs. and 3% back on gas. which helped him give his players something extra. the cash rewards credit card from bank of america. more cash back for the things you buy most. many sleep-aids have pain medicine tbut zzzquil is differentard from bank of america. because why would you take a pain medicine when all you want is good sleep? zzzquil: a non-habit forming sleep-aid that's not for pain, quilted northern works their bathroom experience. but these birds see all and forget nothing. except this one, who has an outlet for a face. a leading consumer testing publication recently tested the top laundry detergents. the winner - persil 2 in 1, didn't only beat tide... it beat every single detergent tested. . >>> stocks rallied on tuesday amid cooling u.s. interest rate hike expectations with the nasdaq hitting a new all-time high. >>> futures are flat at the moment but today investors and consumers alike are anxiously awaiting

why do you like bank of america for the long haul? >> bank of america is a rock solid bank, record capital, liquidity level since the crisis. the company has 1.5 trillion in loans and earning assets on did balance sheet. warren buffett is largest shareholder. if you believe interest rates are going up, this bank makes more net interest income as they go up on the huge book of loans and other assets. >> great picks there. thank you very much. >> thank you for having me. >>> well, you have heard of electric cars. we show you a man pintroducing americ to electric bikes, co >>> remember that co outage at delta? now the bill has come due. delta says that outage cost it $100 million in lost revenue last month. the computer failure stranded passengers and cost thousands of canceled flights over several days. >>> finally tonight, problem solving, multitacking and the unexpected are traits of military veterans can bring to running a business and a vet who brought those home and a back injury, the desire to get active and get back in shape led

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absolutely. >> reporter: this keeps getting back to bank of america and we know for sure that the bank had the opportunity to stop this crook. shannon behnken, 8 on your side. >>> well, this live picture from eagle 8 over johns pass at pinellas county, and this is the good and look at the cloud deck at the beaches, a nice view of the sunset. thank you for being that to us, johns pass, a great location and you can see the sunset. the sun is going down, beautiful sunset and a few clouds around and a mixture of clearer skies here and a gorgeous view from the lake club, and saturated with color. 87degrees and a little bit of rainfall with raindrops coming down earlier at the lake club summer like, 92 and, and a 30% rain chance and at 7:00 a.m., 77 degrees and a few isolated showers but not manner and temps are warm, and in fact, hot. the heat index values are up over 100 still at this hour and 86 in westlake chapel. 88 in venice and high pressure to the north and we continue to bring in more of an easterly flow but the winds will be ti and the west coast sea breeze has been active. the for

>> i see value for bank of america, and that's why i was a big investor in bank of america rather than wells. wells did not get anywhere near as tarnished as the other banks, and they were able to keep a lot of their high-earning business. i thought it was harder for wells to progress forward than it would be for bank of america given where their relative positions were at the time in which i made the investment. we thought wells fargo was going out of business where people thought bank of america was a few days from going out of business, and goldman and so on. it's not right. >> you can catch the entire interview right now on cnbc.com/pro. what's interesting, susan, another way to read what he is saying is it's not tarnishing to look at it at the current valuation. >> i think the wells crisis is going to continue to go on for several more weeks or months, at least. we also know from regulators that they're going to be looking at cross-selling practices across the financial industry, so this is no longer an issue just with wells fargo, other banks are starting to wonder what's happeni

the cash rewards credit card from bank of america. male teacher: andthe the largest planet? someone we haven't heard from. female teacher: anyone else? through internet essentials, comcast has connected more than 3 million people in need to low-cost, high speed internet at home, helping to make sure that every hand in the classroom goes up. male teacher: okay, veronica. amphibian. male teacher: excellent. welcome to a brighter future. comcast. >>> wells fargo ceo john stumpf faced cuff questions over his part in the bank's opening of millions of fake accounts without customer's permission. the scandal so far cost the bank a record $185 million in fines. senator elizabeth warren assailed the bank for failing to hold top executives accountable and called not only for stumpf to resign, but for criminal charges, as well. >> i am deeply sorry that we failed to fulfill on our responsibility to our customers, to our team members, and to the american public. i accept full responsibility for all unethical sales practices in our retail banking business, and i am fully committed to fix

the cash rewards credit card from bank of america. more cash back for the things you buy most. >>> when i think about jose, it will be thinking about that little kid. i see such a little boy in him when -- with the way he played. there is just joy with him when i played. p i don't know if there are words to express, you know, how i feel. it's a tremendous loss. and my heart goes out to his fami family.feel. it's a tremendous loss. and my heart goes out to his family. >> just so difficult to watch there. those were just some of the emotional moms from the miami marlins news conference yesterday following the tragic death of star pitcher jose fernandez. the 24-year-old was killed in a boating accident early sunday morning. according to officials, coast guard patrol boat spotted an overturned vessel around 3:00 a.m. sunday morning. authorities say fernandez was one of three people killed when the boat capsized on a jetty oig. officials say the boat was going at a high speed, but there was no immediate indication that drugs or alcohol wer

that and protesters lying on the ground in front of the bank of america stadium. the for said last night was a demonstration how landfill demonstration works. rick to you. >> reporter: there were 4043 arrests -- 43 arrests went night and one last night. one for carry a concealed weapon, and the other for violating the curfew. the curfew went into effect by midnight but the police were not enforcing. it was just there in case they were needed it so in case people got violent and helped to have hundreds of national guard troops on the ground and state troopers trying to protect the banks and hotels. allowing the pd to focus on the people in the street. the curfew will be in effect through the weekend and national guard troops will stay here through the weekend as well. >> what's the word on the something, something transparency situation with the videos? >> well, seems like everybody want thursday videos released, including scott's family. they called for the police videos to be released. the demonstrators were chanting, we want to see the video. even the police chi

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but what's the official stance from bank of america global? >> our expectation is we'll likely get a fed hike in september. i think decembe is probably a little bit too soon for some fed officials, as we heard. and doesn't seem that even the ones that may be leaning that -- rate hike might be okay. don't really see a cost to waiting. and so for that reason, i think it's probably likely that con sen source -- i really do think that sherry yellen wants to get consensus, and will likely be to not go in september, and can wait until december. >> you know, today these days we hear more and more from fed governors, from fed regional bank presidents. so we know what they're thinking. i can't say that i can remember a time when i have looked at the fed and it seems as divided as it is today. >> well, i think we had a lot of division around qe 1 and qe 2 in particular. i think it comes and goes in waves. remember the fed is probably the most decentralized central bank on the planet. they all say their views, and i think the market was probably leaning

scott, marched outside bank of america stadium and kneeled during the national anthem. inside, in an apparent show of quarterback cam newton wore a shirt with a martin luther king jr quote about injustice. (sot clip1739 lorenzo mack/protester 9:32) "things have happened and we need to actually hold our police accountable they are people they're here to protect us and sometimes it doesn't happen that way at some point we have hold people accountable" (-:42) (sot sat0166 :32) "handcuff" (-:33) the protests, came a day after charlotte police released video of scott's shooting death. police maintain he wouldn't drop a gun before he was shot. (sot sat0087 kerr putney/charlotte mecklenberg police chief 1:08) "at every encounter, people can make a verbal commands" (-:17) (sot don champion/cbs news/charlotte) "city leaders-still on edge over nightly protests- again used extra officers and national guardsmen to keep order sunday" monday, companies in charlotte's uptown area will try to get back to business. some closed last week after protests turned violent. (sot clip 1781 clip

the cash rewards credit card from bank of america. more cash back for the things you buy most. >>> the accused new york bomber's past includes a domestic dispute. just reported moments ago here it was just two years ago, not a long time, according to the dailymail.com police arrested ahmad khan rahami for stabbing someone in the leg and possessing a gun. but a grand jury cleared him. even though the officer says the suspect was a danger to himself and others. his father said his son had stabbed one of his brothers. the senior news editor is scooping up this information and doing a deep dive. what are you finding? >> we are indeed. we did find that in 2014 he was arrested for stabbing his brother. his brother was stabbed in his left leg. he was arrested for that. he had possession of a weapon. he was arrested for that too. the policeman who arrested him told the grand jury that he was a danger not only to himself but to others. >> so was the arresting officer who said that? >> that's right. that's right. and in the end, the grand jury

many sleep-aids have pain medicine tbut zzzquil is differentard from bank of america. because why would you take a pain medicine when all you want is good sleep? just for sleep. quilted northern works their bathroom experience. but these birds see all and forget nothing. except this one, who has an outlet for a face. a leading consumer testing publication recently tested the top laundry detergents. the winner - persil 2 in 1, didn't only beat tide... switch to persil proclean 2 in 1. >>> stocks rallied on tuesday amid cooling u.s. interest rate hike expectations with the nasdaq hitting a new all-time high. >>> futures are flat at the moment but today investors and consumers alike are anxiously awaiting apple's big announcements. we have the details. >> good morning. the big day is here. apple is holding an event in san where it's expected to unveil the iphone 7. apple is removing the head phone jack paving the way for wireless headphones. >>> hillary clinton is slamming trump for making comments about the fed reserve and interest rates. she says fed policy should be of

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the cash rewards credit card from bank of america. more cash back for the things you buy most. >>> please bow your head and reflect with a moment of silence. >> the miami marlins have a day after star pitcher, jose fernandez died in a boating accident. all marlins players wore fernandez' number 16 jersey. they circled the mound before the game for a prayer. and it was emotional for both teems as they somberly hugged before the game. and lead-off hitter, dee gordon took the first pitch batting righty in honor of fernandez and then switched back tois style and crushed a home run over the right field wall. he said it was one of the best moments in his life, homering for fernandez. he was overcome with emotion crossing home plate and was welcomed by his teammates. quite a moment indeed. >>> an investigation continues this morning into the gunman who randomly opened fire at a houston strip mall. six hurt from gun shot wounds in minutes. >> suddenly just felt like an explosion inside of my car. and glass everywhere and i heard a few pops, m

it >> reporter: county officials say they want the house gone too, but need bank of america to approve the demolition because the bank is trying to foreclose. enter red tape that no one seems to be cable to cut through. >> these things take weeks or months. is that an acceptable answer? >> when we are in imminent dane danger? absolutely not. >> reporter: i sent a photo and county's code director. >> you said if it get to the point where it becomes a safety hazard and it is dangerous, you might be able to bypass them and bulldoze it. is it getting to that point? >> based on what i see in the photographs i could not make that determination. >> reporter: welshing i'm no expert, but it is clear, some experts need to get out here before the next storm does. >> we are continuing to work the case. get communication with the bank and work on the answer of who is the sp the mortgage. >> reporter: after i sent the photo, a bank of america spokesman e-mailed me back saying he has ordered an emergency inspection. we will follow up to find out what the bank decides to do. shannon behnken, 8 on your

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. >> reporter: county officials say they want the house gone too, but need bank of america to approve the demolition because the bank is foreclose. enter red tape that no one seem to be able to cut through. >> these things take weeks or months they tell me. is that acceptable? is that an acceptable answer to you? >> when we are in imminent danger? absolutely not. >> reporter: no one from the bank has been out to see this. so, i sent them a photo. i also took my photos to the code enforcement director. >> you said when it becomes a safety hazard, you might be bulldoze it. does it look like it is getting to that point? >> based on what i see in the photographs i could not make the determination. >> reporter: i'm no expert, but it is clear some experts need to get out here before the next storm does. >> we are continuing to work the case. attempting to get communication with the bank on who is the responsible party for the mortgage. >> reporter: after taking a look at the photo of my house, would order an inspection of the house immediately. >> why can't the bank just go ahead and agree.

the cash rewards credit card from bank of america. male teacher: andthe the largest planet? someone we haven't heard from. female teacher: anyone else? through internet essentials, comcast has connected more than 3 million people in need to low-cost, high speed internet at home, helping to make sure that every hand in the classroom goes up. male teacher: okay, veronica. amphibian. male teacher: excellent. welcome to a brighter future. comcast. >>> donald trump jr. is coming under fire accused of trivializing the debate over allowing syrian refugees into the u.s. the younger trump tweeted this image last night claiming it tells us all we need to know about the refugee problem. if i had a bowl of skittles and the i told you three would kill you, would you take a handful? that's our syrian refugee problem. that post soon went viral, though others like former conservative congressman joe walsh pointed out they've made similar comments in the past. hillary clinton's spokesman nick merrill responded tweeting, this is disgusting. decisions became the top trending topic on twitter a

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