Deadly accident . The transitrat agency says if you get stuck in a tunnel, its not its job to t get you out. And that claim could have aou he major impact on some lawsuits lu against the subway system. Throw as game winning touchdown to hunter retro. Later a College Football classic. The Clemson Tigers the new t n National Champions ending alabamas perfect season and the rematch might have been bettern than the original. Ril good day at 9a starts now. Clemson tigers living largeingar today for sure. E. Thats National Championship should be, right . What amazingg game. Good day d. C. Just afterft 9 00 oclock on a tuesday, january tennesseeth im hollyly alongside of maureen, steve andd wisdom is back. Wi is also ahead this morning d. C. Dress shop sending a message toe the president elect a comment ht made about the gnarring. Gnaing. Well have those details at first though final al dayhoug with temperatures above freezine but the warmup isnt here just yet we already school closingsls in
Going on. The fed may or may not be on hold tomorrow. If they decide to leave the European Union could really disrupt the current european ord order. Dow sinking 58 points. Nasdaq losing. 10. That begs the question, how bad is bad . Is this bad any worse than previous bads . Isnt it worth asking . Especially the talk of a new bear market resonates to everywhere you go and listen. There are all kinds of bad, there are some you have to set up and take notice about like the dot com obliteration that began in 2000. Or the 2007 to 2009 great recession, where things fell apart. There was no assurance that the center would hold. You can never go wrong when talking stocks. Not every bad is big bad. There are derivative declines. Over there somewhere. Its a difficult problem to understand, to put in contest, and wrap up in a box with big paper and a bow. Thats what we have right now a wave of fear thats lapping up on the shores. The wave is threatening to overwhelm their homes. Im not trying to
Stof ptland d yesterday when it cropped 2 7 75,000 gallon of the stuff. Dropping more with this dc 10 air tanker but smokey conditions prehavented. Hopefully get it back up on the fire right now air quult and not allowing a much air traffic out there plus we need to get up and see where its bet utilizes on the fire. Reporter but the best scope comes from space this satellite view show as plume of smoke extending hundreds ofools to the northeast. And only getting larger. With 12,000 structure threatened and 3000 people evacuated. A little more on the smoke now that you may already have seep or even smelled. By tomorrow you get a good whiff in the sacramento valley. By sunday spread to alameda, cocoa, napa and solano counties. In the newsroom, abc 7 news. If smoke was thick as fog in the foot hills east of sacramento as well. Here you see cars driving through it earlier today. Lets check in with sand why in live doppler 7hd. Yes. Air quality definitely take a hit in some parts of the bay
It all is about washington right now, the markets are watching every single headline that were getting out of there. How much trouble are the budget and debt talks in at this hour, especially as we approach thursdays deadline . Lets bring in our team, peter barnes is standing by at the white house right now, rich edson on capitol hill, Nicole Petallides on the floor of the feigning, and weve got sandra smith at the cme group. Peter, want to start with you. The white house is trying to, i guess, if you will, gauge whats happening between the senate and the house. Where do we stand . Reporter thats right, cheryl. The president s about to meet with House Democratic leaders here at the white house to talk about next steps in their strategy. This as this surprise legislation to reopen the government, fund the government and raise the debt ceiling was dropped by, into the mix by House Republicans this morning. The white house is attacking this move as potentially risking, putting the United
Turmoil in iraq. And also positive data ahead of the Federal Reserve meeting this week. Stocks notched up slightly and helped by all those mergers and the fact that Oil Prices Held steady at 106 a barrel, despite concerns about fighting in iraq. Heres how things looked at the closing bell. The s p 500 added one points. It was metronics buyout of rival medical device maker covidion that had wall street buzzing today. Shares shot up more than 20 on the takeover news while shares were down 1 . Whats behind the deal and whether there will be more. Metronics acquisition of covidion is part of two trends sweeping the industry. The deal will enable metronics to reincorporate on the emerald isle and benefit from the lower tax rate there. A strategy employed by Many Health Care companies over recent years. Including pfizer, in its failed attempt to bias electra zeneca. The rational is one of simply to secure a lower Corporate Tax rate. You generate higher level of earnings power, and any future