Were not close to be officious or bureaucratic. He was scrubbing toilets, stocking toilet paper. Hes been in custody two years waiting to tell his story, waiting to connect with the jury, waiting to tell the truth. Reporter families of the victims were upset. If youre in court and you hear what people are saying inside court and they come out here, they lie about what people have said. They always twist what people have said. Reporter this afternoon harris described his escape from the warehouse the night of the fair, testifying he tried using a fire extinguisher that failed to do much. And called 911 as he ran out yelling, fire, fire. Harris will be back on the stand in the morning. I also spoke with the attorney for the other ghost ship defendant derrick almena. He saysal men a will also take the stand and address the jury. Thats likely next week. In oakland, im leslie brinkley, abc7 news. Leslie, thank you. In San Francisco, a man is reported to be in Critical Condition after being
we begin with breaking news from the white house. president biden has tested positive for covid-19, again. after about the position to the president says we re four consecutive days of negative tests. president biden tweeted, quote, i have got no symptoms but i am going to isolate for the safety of everyone around me. and the physicians update said, this development represents what he is calling rebound positivity. but for now, there is no reason to bring in a sheet treatment. we are going to bring you any updates as we get them. but first, let s get caught up on a busy week, y all. big moves by the january six committee, and the justice department. we are going to break those down in just a few minutes. but first, something you probably thought would never happen. i know i was skeptical. democrats finally agreed on legislation to curb climate change. and to get the economy a boost. the inflation protection act came about after intense negotiations with senator chuck schumer
Reachable . Gus brown, pie in the sky forecast or is this legitimate tax liabilities a reduction are lead to Margin Expansion, share buybacks, 20. 5 times multiple as earnings go up and that gets you 3,000 on the s p. I mean, its not pie in the sky historically, but theres a decent probability that that could happen doesnt mean it will happen or anyone can actually foresee that happening. I think he makes a good case though i thought the note was fairly rational, but think about it, he could have written the same words on the same page and said 21 times or 19 times so the art of the p that goes into p e multiple is an art. Its not a science its not math. Its what you think sentiment will be, even if somebody agrees on all of the pieces that he sees fall in to place doesnt mean you arrive at the same sentiment level or pricetoearnings multiple. The point here is the rally is far from over and if you want to put 3,000 on that or whatever number he wants to be the top, hes going to be on
Good wednesday morning i am carl king with jon fortt. Dow is up 128. Tech sector leads the s p. For more on tech, bring in Victor Anthony and elly wheeler, partner. Welcome to you both. Welcome to tech resilience in the face of the selloff, even though we can parse, fang, talk about underperformance within that right i mean, there are certain names that are underperforming facebook and alphabet. Ironically, those are two names with multiple support but they have secular growth drivers. From all of them, market share gains across the board, ecommerce and advertising but in the case of netflix, subscriber growth that continues to be strong i am buying alphabet, a buy on facebook and amazon. Hold on netflix for now. But i am optimistic bought all these names. Facebook and alphabet, were talking later this hour about regulatory threats do you think thats effecting them, those two in particular . I think for alphabet, eu overhang has been an issue for several years. It will continue to be a