Package. The merger between psa and fiat in a move that could force more concessions from the auto giants a new designated driver. Replacing the head of vw brands as the automaker battles with unions over cost cutting plans saudi arabia will no longer cut Additional Oil they say demand is thriving. With we have no whatsoever for lack all of us in the whole World Oil Market have no stomach whatsoever for any type of laxityies. A warm welcome to street signs. European markets have been open about an hour now. It has already been a choppy session. We open in positive territory. Now the main benchmark is down 0. 4 yesterday, the main benchmark dropped 0. 3 what was remarkable was the fact we saw the final recession word enter the mix. Declaring the United States has officially entered a recession just as the nasdaq hit a new record high and raised all losses for 2020. Major difference for what we are seeing in Financial Markets and what we are seeing in the real economy. Begging the questi
Are calling in the troops. This image from nasa shows the damage in space. Calmer parts of conditions in parts of california helped firefighters in some areas. 200 military troops will be deployed to help firefighters across the west and the first time that has happened since 2006. Western fires have burned a million acres and more than a hundred homes have been destroyed. Our affiliate kiro shows us conditions that have forced more than 3,000 from their homes. Come on. Reporter john parker would usually be home right about now. Just lost. I dont know where to go, what to do. Reporter he is one of the roughly 2,000 people evacuated from the wires near chelan. Its wow. Really difficult because you just dont know what to take. Reporter what he took is all he has left. I can say im actually homeless. His home burned in the first creek fire. There is where the house was. Reporter he got his dog max out and this truck. This is about it. Reporter at the shell station downtown, Francisco Rodr
Twitter isnt the only stock to do that this year. Coming up, well name names and tell you what this could all mean for another huge ipo. Stay tuned for that. We were taking bets on where it will price. See how all that shakes out. It turns out that it is not true that the socalled wealthy pay the most income tax in america. Jane wells has learned that they pay all the income tax. 106 of income taxes. You heard that right. They pay more than 100 . How is that possible . Stay tuned for this stunning report. And lets check the markets right now. The final hour of the day, pretty much a down day across the board for the major averages. The dow jones is actually an outperformer helped by mastercard. Helped by home depot as well in there but down about 87 points at the moment. The nasdaq is still off. Clutching that 4,000 level. The s p 500 has shed 15 points and got below 1790 as we speak. Maryann bartels from merrill lynch, Adam Thurgood and done shriver from wbmi funds. What do we make of
Hundreds leaving their condolences on our face book page. You can join on facebook. Com abc 7 news. A crew is in South Lake Tahoe now where the investigation is focused. Hell bring us a live report coming up on abc 7 news at 5 00. Moving on, a brief Court Appearance for 26yearold luis hernandez, the man accused of committing san joses final murder of 2012 police say he shot and killed 36yearold christopher soriano. Reports say hernandez was told by supervisors to detain soriano believing he may be linked to car burglaries at that complex. Police say vigilante acts are not justify ootd man arrested for crashing into a car, killing two people and injuring another made a Court Appearance today. David morales faces two counts of murder. Abc 7 news is in court and here to tell us more about the injured young man and the familys plea to allow the family to travel to see him. That is right. The family contacted thus morning to ask for help in bringing his father to San Francisco. He lives in
Everywhere in america. New numbers this morning. Were going to have practical advice for you from dr. Jen ashton in a few moments. Not just the flu. But the whooping cough, as well. High concern this season. Also this morning, mystery solved. We track down the man in the newlydiscovered photo of young Princess Diana. The picture that was never supposed to be made public. Everyones been talking about this picture the last couple of days. Were going to hear from him. And true grit. The College Football player who kept on playing. Never missed a game, in fact. Even during chemotherapy treatments. He beat cancer. Last night, he led his team to the cotton bowl. Coming up, the key role his mom played in all this. And first, theres a lot of news overnight. And for that, as always, we turn to ron claiborne. Hell be using his own face. And my own voice, too. Hi, dan. Hi, bianna. Trying to get in sync with you there. Good morning, everyone. We begin with the developing story overnight. Lance arm