Live from the kron 4 news station, this is the kron 4 news. This year santa and his reindeers might need to battle the elements to reach bay area chimenys rain continues to roll in and the wind is whipping last minute shoppers all while travelers deal with their own headaches of flying in and out of San Franciscos International Airport a creek bordering East Palo Alto, menlo park and palo alto is experiencing severe flooding tonight. Rising waters of San Francisquito creek flooded the two right lanes of highway 101. The california Highway Patrol says there is flooding on the roadway just north of embarcadero road. But they say the freeway remains open. However chp says west Bayshore Road is closed between embarcadero and san antonio roads. The creek runs through both neighborhoods and commercial areas and has a history of flooding. Emergency alerts have been sent out to residents. Police and fire crews are currently moving through the area warning residents. R kron 4 news has Team Cove
Hello. Welcome to countdown. I mark barton. It is 6 00 a. M. Thursday morning. On the pulse, check out our interview to talk about the swiss watch industry. The new York Attorney general has begun a lawsuit against barclays. Alleging the bank lied to customers masking the extent of highfrequency trading. Markets editor manus cranny is here to explain. Before we get into this. What are dark pools . Why do they use them . They have evolved. It is like a private trading venue. It is where institutions can go to execute highend sell orders without talking about which side they want to be on. Otc, referred to as overthecounter, hence less regulation. Is less transacted. What is at the heart of this lawsuit . Word, lies. Lies and fraud. This is under the martin act. Barclaysing that pursued the growth of the dark pool regards of Everything Else around it. They wanted to catch up with credit suisse. They lied about affecting them. Our complaint alleges that this marketing a protections was fa
President obama and the first family are back in washington tonight. After wrapping up their holiday vacation in hawaii. Air force one touched down at joint base andrews in maryland earlier this morning. The president interrupted his vacation by flying back to washington to settle the fiscal cliff negotiations. Now. Hes back to face new battles over spending cuts and raising the countrys debt ceiling. The president could also announce nominees for key positions in his cabinet as soon as tomorrow. With the fiscal cliff beginning to fade from the minds of Many Americans a new fight is heating up on capitol hill. A new deal over the debt ceiling is looming in the notsodistant future. We go now to elizabeth corridan to check up on both sides and how theyre preparing to get a new deal in place. I believe we need to raise the debt ceiling, but if we dont raise it without a plan to get out of debt, all of us should be fired. Reporter strong words for a new congress, the new years deadline for
3 3 3 a nationwidd concern. With effects being felt right here people are catching the flu. Map from theecenters or Disease Controllall but 5 ssates arr seeing regional or wide spread outbreaks of the flu. Doctors say they see flu cases everyyyear. But this year. The fluuseason hit us uch earlier than expected. And now. Emergency rooms are flooding with patients. We met jay payne there. Hes one of pmore thaa 100 pattents admitteddto ggbm this week for flu like symptoms. He was so sick he had to be rushed to 45 24 chills ever i couldnt. It was pwfull. 45 32 ive had tte flu before two three times but never this bad. Pad. Doctors say they havvnnt seen volumes like this since over the country. To avoid all getting sick. Remember to wash your hands. Cough iito ffoo people if youre sick. Ay also doctors say itts not too llteeto get a flu shht. The 0yearold girl hit by a stray bullet on new years eve has dded frrm her injuries aallyah bbyer passed away last night. She was on life support at a
Hi there, everybody. Im j. J. Ramburg, welcome to your business. This brand probably looks familiar to you but youll never believe the ups and downs the entrepreneur behind these cookies went through after entering into a terrible partnership. Tates bake shop is known for these thin, buttery, crisp chocolate chip cookie. Her who sale factory on the east end of long island turns out more than 2 million cookie as week that are distributed throughout nationwide. I want amounts to 10 million a year. The cookie has to be crisp. But tates is second bakery business. Her First Company kathleens bake shop was an institution in tony South Hampton, new york for 18 years until she made a bad business decision to form a partnership with a former employee and his brother. That mistake cost sue herrera name, her brand, and her first thriving bakery business. They destroyed everything i ever had from cat liens bake shop. Everything. Baking since she was a child, kathleen started selling cookies at her