Ashley president obama speaking from North Carolina in a few minutes on a new effort to boost manufacturing, hopefully create jobs. Rich edson with a preview. Rich ashley, this is part of a private initiative the president announced last year in his state of the union address. The white house is calling the president s year of action previewing the white house fighter saying he will be looking for areas of bipartisan cooperation but he wont be waiting on congress to act. He will use his executive authority his pen and his phone to work with anyone to get things done. On this republicans say they are skeptical. If he is truly serious about getting the economy back on track and creating jobs, he will do more than just talk about job creation. Or bipartisanship today. He will actually work with us on rail Bipartisan Solutions to get there. Rich this evening at 5 00 he will meet with Senate Democrats whwill come hit the white house. Back to you. Ashley rich edson, thank you much. Lori appl
And intel, suffering off about 3. 3 . Beyond the do you, nasdaq, the s p and the russell 2000, theyre all higher as well, but basically kind of a quiet day. Modest gains for the market. Its the question just about every homeowner wants to know and wants to know often, how much is my house worth . Today, tomorrow, the next day. Well, google says it knows, and diana olick is going to tell us about that coming up. And the world series mvp gets a recalled pickup truck. And thats just strike one for gm last night. Well tell you the rest of it after an exciting end to the world series. Sue at the nyse. Hi, ty. We begin with a very big story in the corporate world. Tim cook says hes, quote, proud to be gay. Apples ceo coming out publicly in a Bloomberg Businessweek essay. Josh lipton is live outside apples hq in cupertino. Josh, over to you. Reporter well, sue, you know, tim cook values his privacy, doesnt typically look to draw attention to himself. But as you mentioned today, he made a very
Francisco where southbound 280 will be closed for four days. The chp says prepare for some major delays. And a check of your kcbs traffic. We are scanning twitter now for the latest traffic hot spots and theres one growing at the bay bridge. They just cleared a stall. You can see the latest tweet from kcbs traffic. They cleared a stall on the incline and now traffic is 10 to 15 minutes to get on the span. All lanes are now open. We have a gravel spill cracked windshield alert here southbound 680 approaching andrade road. Its going to take nearly 45 minutes from now just to get caltrans sweeper crews out there so we are already seeing delays growing out of pleasanton. So a heads up if you commute that every day. We are seeing some big delays, gravel and dirt in the roadway. Gravel trucks spilled it earlier. Westbound 580 through the Altamont Pass and dublin interchange sluggish slow and go the drive time up to 4 minutes to 680. That is your latest kcbs traffic. Very gray skies in the Tr
We have all that and more on the nightly Business Report for thursday, october 30th. Good evening, and welcome everyone one day after the Federal Reserve said the u. S. Economy was Strong Enough for the central bank to end its latest bondbuying stimulus program. The dow rallied and how. The blue chips zoomed to another triple digit gain, powering the move today, strong corporate earnings most notably from the credit card giant visa, saying simply more people charged more money on their cards, also helping them. Also better than expected Economic Growth last quarter and initial jobless claims, hanging around a 14year low. The dow up a big 221 points. But the nasdaq was only up about 17 and the s p 500 rose a relatively modest 12 . Bob pasani on the dows big rally, despite underlying from the weaker market. Reporter it was a strange day with the dow soaring while the s p 500 and nasdaq were only up a little. What is up with that . Well, what happened, visa reported terrific quarters and
Nightly Business Report for thursday, october 30th. Good evening, and welcome everyone one day after the Federal Reserve said the u. S. Economy was Strong Enough for the central bank to end its latest bondbuying stimulus program. The dow rallied and how. The blue chips zoomed to another triple digit gain, powering the move today, strong corporate earnings most notably from the credit card giant visa, saying simply more people charged more money on their cards, also helping them. Also better than expected Economic Growth last quarter and initial jobless claims, hanging around a 14year low. The dow up a big 221 points. But the nasdaq was only up about 17 and the s p 500 rose a relatively modest 12 . Bob pasani on the dows big rally, despite underlying from the weaker market. Reporter it was a strange day with the dow soaring while the s p 500 and nasdaq were only up a little. What is up with that . Well, what happened, visa reported terrific quarters and guidance up about 10 . Because th