CNBC Squawk Box – August 7, 2015

CNBC Squawk Box – August 7, 2015

U.S. stock futures were under pressure in early trading ahead of this morning’s release of the July employment report-seen as a key piece of the economic puzzle on whether the Fed might hike interest rates next month. (CNBC)
The Dow is looking to break a six-session losing streak Friday, after closingThursday at a six-month low. Media, biotech, and energy stocks served as a drag to the overall market. (CNBC)

In last night’s primetime GOP debate, while dismissing criticism of his controversial comments, Donald Trump served notice he may run as an independent if he does not get the party’s nomination. (Washington Post)

In the pre-primetime GOP debate, former Hewlett-Packard chief Carly Fiorinaemerged with significant buzz after taking on not only Democratic frontrunner Hillary Clinton by name, but even her own party. (NBC News)

Powerful senate Democrat Chuck Schumer, the most influential Jewish voice in Congress, has decided to oppose President Barack Obama’s deal to limit Iran’s nuclear program. (NY Times)

U.S. officials tell NBC News that Russia launched a “sophisticated cyberattack” against the Pentagon’s Joint Staff unclassified email system, which has been shut down and taken offline for nearly two weeks.

Activist investor Carl Icahn reported a 8.2 percent stake in Cheniere Energy(LNG) and said he would seek a seat on the liquefied natural gas company’s board, if needed. (Reuters)

Credit card lender Capital One (COF) is in talks to acquire General Electric‘s (GE) U.S. health care finance arm, in a deal likely to top $10 billion . The unit offers mortgages and business loans to health care providers. (Reuters)

CVS/Caremark insurance will no longer cover more than two dozen drugs, including Pfizer‘s (PFE) Viagra, starting in 2016. People who get drug benefits through CVS will still be able to get coverage for Eli Lilly‘s (LLY) Cialis. (USA Today)

Google (GOOGL) and Samsung will release monthly security fixes for Android phones, a growing target for hackers, after the disclosure of a bug designed to attack the world’s most popular mobile operating system. (Reuters)

Late last month, Best Buy (BBY) announced plans to begin Apple Watch sales online and in stores beginning today. As promised, the device wasavailable for purchase on the electronics chain’s website. (Mac Rumors)

Soaring egg prices because of the avian flu coincides with a monthslong testat McDonald’s (MCD) to extend breakfast hours all day, part of the broader effort to turn around its U.S. business. (CNBC)

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CNBC Squawk Box – August 7, 2015

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