Some days it rises despite global shocks. Charlie hebdo, rose 112 points. Other days world events bring stocks down. Today was one of those days. Not only was there word that that germanwings aircraft deliberately crashed by the coe pilot but new risks arose in the chaotic middle east. Still, the Worlds Biggest Oil producing region. Saudi arabia and the pew of Regional Airlines began rebel strongholds in yemen where the government disintegrated. Ground troops may be next. All that with economic and profit worries more than the market could withstand today. The Dow Jones Industrial average dropped 40 points to 17,678. Nasdaq fell 13 and the s p 500 was down almost 5. The conflict in yemen felt in the oil markets, west texasex intermediate shot up more than 2 a barrel to 51. 43. Brent prices also spiked higher. Jackie deangelis has more now on the mideast tensions and why theyre rattling oil. Reporter oil prices seeing a significant setback on geopolitical turmoil in the east. Reports of
Loading now for an hour and a half. It is taking longer than expected. They have a banana slide. They put a box of bananas on this white part of the truck, sliding down the hill and put it on the flatbed truck. It is getting faster. They getting more efficient as they go. We still, they are taking longer than expected. This is not the biggest problem. They still have more to go, down the hill. This is much faster. However, they still have a the love work a lot of work to go. Here is the latest from the c. H. P. Officer. It will be 7 00 or 8 00, closer to 8 00 if they cannot get the cargo loaded next half hour they will be closer to 8 00 and 9 00 so complete. It is fun to look at the bananas but the real problem is the traffic. A picture for you to see what it looks like at this moment, they have two lanes of westbound 580 shut down with the traffic pretty bad through here can moving slowly with c. H. P. For just drove through it said it took an hour to go 15 miles. This is going into l
Cheryl im sorry. A miscommunication on my end. I want you to know we spoke to the chief. One criticism that he had today was the fact that they felt the department was slow in responding to the violence, the chief explained nick we didnt expect the verdict saturday night. We would have been prepared on monday but werent prepared on saturday night. He told me he called for patrols but they were caught off guard. Police bracing for another night of demonstrations after dealing with violence last night. Take a look. A mass emstraightor hit a waiter with a hammer, bottles, rocks were thrown at pleechls now, abc 7 newss Mark Matthews is joining us. A lot of Downtown Business owners dont want to go through this again. You expect to hear a loud outcry but that isnt what we heard today. There was little or nothing said about the third night of vandalism since the verdict delivered saturday night. Again, were focused on moving forward. I think folks that are doing vandalism are not representati
50,000 range that doesnt include lost time. Then, impact of business. So. This is frustrating. Oakland Business Owners assess damage from three nights of violence after the verdict in Trayvon Martins death ask tonight, police are preparing for a fourth. Good evening, im cheryl jengs. Night three ended with more arrests and more vandalism. But unlike over the weekend there were more police on the streets to deal with demonstrators. We have Team Coverage tonight and are going to begin with nick smith you know one thing weve learned this evening after speaking with the Business Owners and Police Department there is a sechbs frustration throughout. Three nights of protests due to thousands of dollars of vandalism across the state. The Police Department is anticipating a fourth night of demonstrations weve learned is that theyre turning to surveillance video. Demonstrating peacefully if you saw someone acting illegally, share that with us. There are tools they can use to catch thes responsi
Welcome to mornings on 2. Its saturday july 13th. We go straight to rosemary to take a look at how the weekend is shaping up. Good morning. Reporter good morning to you. We have another comfortable day in store for most of us. We remain parked with High Pressure to the east and a low parked over the coastline. The ridge will pull this way just a little bit. That will lead to a few degrees of warming for the inland areas especially for the afternoon. This morning we are starting out with some low clouds and its a cool start. We will look at the Current Conditions and the afternoon highs. Police are investigating a deadly attack at a San Francisco gold and Jewelry Store. Alex savage joins us live from the scene with the dramatic ending that led to the suspects arrest. Reporter and this Morning Police arent say figure this was a robbery that ended violently or a personal dispute but the two women were found dead inside the jewelry marte at 888 brandon street and both of them were employee