Gets shipped via rail, will the focus return to building out pipelines . All that and more tonight on nightly Business Report for thursday, january 2nd. Good evening and happy new year everyone. Well, a winter storm whipped through the northeast on this First Business day of 2014 and on wall street stocks turned icy cold coming off a banner year. Some say investors were booking profits after the runup and others are blaming a downgrade of apple for weakness in the tech sector that affected a range of other companies whatever the reasons, all ten ended lower and the first time in five years the first trading session of the new year ended to the downside. Here is how the major averages closed. The dow tumbled 135 points, the s p lost 16 points but gold rallied today after tumbling 28 in 2013, the worst annual decline in more than three decades. Prices of the precious metal rose 23 an ounce today. Crude prices fell ending at a fiveweek low at 95. 44. Today may have been an ice patch. The
Crude may be more flammable than conventional oil, and as more gets shipped via rail, will the focus return to building out pipelines . All that and more tonight on nightly Business Report for thursday, january 2nd. Good evening and happy new year everyone. Well, a winter storm whipped through the northeast on this First Business day of 2014 and on wall street stocks turned icy cold coming off a banner year. Some say investors were booking profits after the runup and others are blaming a downgrade of apple for weakness in the tech sector that affected a range of other companies whatever the reasons, all ten ended lower and the first time in five years the first trading session of the new year ended to the downside. Here is how the major averages closed. The dow tumbled 135 points, the s p lost 16 points but gold rallied today after tumbling 28 in 2013, the worst annual decline in more than three decades. Prices of the precious metal rose 23 an ounce today. Crude prices fell ending at a
In terms of blood, nearly 120,000 u. S. Troops paid with allies and another 20,000 were wounded. It was a dramatic dramatic conflict. To my second point, the media Lessons Learned after this conflict, its odd that this sort of idealism emerged, and this idealism trump sober pragmatism come and sort of a realistic assessment about the nature of man, the nature of the international system. We saw the league of nations form which tried to impose the domestic Structure International of domestic law internationally. We saw later in the 20s a aipac, 1928 which sought to outlaw war. Something, they could just outlaw. Within the United States, rather than sort of prepare for possibly there could be another major conflict, this is from a u. S. Army history, the war deparle urged congress to authorize the astonishment of permanent regular army, about a half a million, and threemonth the universal training system, and congress and the American People said no. Rather, not just meltdown, we tore do
Partly sunny skies. And more rain, heavy rain arrives tomorrow. Carolyn. Thanks, lisa. We are finally getting the rain weve needed, but it has not been good for everyone in the bay area abc7 News Reporter Lisa Amin Gulezian reports from burlingame with a look at the problems yesterday storms caused. [chainsawing] reporter pg e crews are work, as fast as at the can in the rain a tree limb fell on power limbs. The massive tree is also being trimmed because of its proximity to the busy road game. They shut down southbound traffic in the area as a precaution. The saturated soil also cause this had tree to fall in the castro district. It came crashing down on to a house and pulled powerlines down along with it. Heavy rain is the rain some baseball fans went home yet and disappointed. After the final game in the bay bridge series was cancelled. The field was soaked. We need the rain very bad. We do. We need the as to play too. Very disappointed. We had a whole family planned today and we can
Midup ander 50s. Elsewhere low and mid60s. A little cool for this time of year. We will talk about april showers and the chance of a thunderstorm and that includes a pretty strong cold front coming our way tomorrow. Details in a few minutes. Carolyn. Thank you, lisa. As you say, we are finally getting the reunion we need, but it has not been good for everybody in the bay abc7 News Reporter Lisa Amin Gulezian reports from burlingame with a look at the problems yesterday storms caused. [chainsawing] reporter pg e crews are working as fast as at the can in the rain a tree limb fell on power limbs. The massive tree is also being trimmed because of its proximity to the busy road game. As a precaution, Burlingame Police dthey shut down southbound shut down southbound traffic in the area as a precaution. The saturated soil also cause this had tree to fall in the castro district. It came crashing down on to a house and pulled powerlines down along with it. Heavy rain is the reason some basebal