This evening, 2 to 4 inches of additional snowfall, todays storm is the weaker of two this week. Details on the next one are coming up in a few minutes. The other big story, oakland mayor libby schaaf stands by her tweet. She warned the people of oakland about pending immigration sweeps. The question is was she within our rights or was it obstruction of justice . As kpix5s phil matier tells us, her critics found this reckless, right, phil . Thats right. This is a combination of politics and public safety. Those are two volatile issues that when they mix up, create controversy. Thats just what oakland mayor libby schaaf did when she warned about the i. C. E. Raids. The question is did she cross the legal line . Lets hear what she has to say. Everything ive done has been legal. So she has, but former federal prosecutor tony brass said putting out a public warning about a planned immigration sweep may have crossed the line. Shes on the threshold of obstruction of justice tore doing what s
Homeless oil refinery is hobbled in the oil refinery the German Media Company says a weak advertising will hurt Third Quarter profits, prosiesen good morning, everyone it is tuesday. If you take a look at the heap map, the stock 600 in europe, you are seeing a sea of red, a picture of risk aversion as we see that north korea has fired a missile over japan it is down by 1. 34 . We are trading at the lowest level in six months. This has to do with risk aversion in the face of the latest aggression from north korea and also the euro strength it has climbed above the 120 mark for the First Time Since january, 2015. Thats not helping many of the exporters in europe. Lets have a look at european markets. What you will see is we are seeing lots of red on the screens. There you go lets swap over, the ftse 100 off by 1. 3 . Similar for the other markets. When it comes to the sectors, media is one of the biggest declineers y it was downgraded by goldman sachs. It is looking for investors as the
L o and welcome to drive with the d w car show coming up a look ahead at the twenty eight thousand formula out he presents his team and race car a colorful designer car especially day shouldve said wednesday as three and key is new stony as you read. The car tester on the left stake observes that he had to his writing the s. U. V. Way the stomach as he has for the s. U. V. As a subcompact crossover this new one is meant to appeal mainly to young buyers. The koreans have gone all out with this little s. U. V. The stomachs lifestyle factor is calculated to lure buyers. Away from the renault cup tour and the brazil two thousand and eight the message is simple the mini s. U. V. Can take the place of a compact Station Wagon or a van the stunning features the popular high seat position coveted s. U. V. Look and relatively generous space. To start a runny nose that the stomach has the key rios platform and interior which means kenya has succeeded in putting a low weight crossover on the marke
Whats happened to the german Auto Industry first fox wagon wrecks its reputation in the diesel gate scandal now pretty much all the big names and german car making are reportedly mired in dubious dealings the cartels in german business we set sunlight on them in this weeks edition of made in germany your business magazine here on the w. The accusations are as serious as the names are big for decades Auto Industry giants fox wagon already porsche dimer and b. M. W. Apparently have been in cahoots colluding over the technology in their vehicles over suppliers Market Strategies emission controls and prices antitrust watchdogs are up in arms and tens of thousands of consumers may have been cheated is the industry that has long viewed itself as the pinnacle of german engineering about to crash and burn it sure seems the road ahead is becoming steeper and the turn sharper. The whole world loves german cars demand is strong sales are breaking records despite a string of earlier scandals the b
The future for the banking world and the political escape. The exclusive conversation at 9 30 a. M. London time. In the meantime, lets check on your markets. This is what i am seeing. A lot of the talk will be on burberry after the company put out an announcement that maybe was interpreted in the markets. They didnt see anything worth buying the stock. It is down here in europe. The european stocks taking their cue from quite a volatile session in asian markets. The dollar flat. Treasuries flat as trump challenges china over unfair trade practices. Ere is nejra cehic nejra in the u. S. , republicans on the house ways and Means Committee ames to aims to release their tax reform bill later today. Speaking exclusively to bloomberg, Steve Mnuchin stressed how crucial getting tax reform through is to the white house. This is the president s most important domestic agenda item. We are going to get this passed. The objective is to get it to the president s desk in december. Nejra the uks gove