Territories. The state elevated fire 50 of our nation apply to 15 territory has that designation. Reporter it spoke very little about decades of neglect, deferred maintenance and profiteering at the expense of rate payers. Im not pointing a finger at anybody other than us. Reporter the California Public utility commissioners themselves appeared timid and somewhat embarrassed at having gone along with p jennys shut off system. And taking no real aggressive, probing or confrontational stance except for this. You said we need to get there. You need to get there now. Reporter the problems are so large and so many that it is unlikely serious improvements can be made until next year. The best thing for ratepayers to do is pray for rain and no more red flag whether. With that, we may just get through this. Reporting live, tom vacar, ktvu fox 2 news. Thank you for that live report. 4 ktvu obtained a letter from pete yanity ceo and president that he sent to governor newsom. William johnson reit
Gate. Mid40s to mid50s and milder this afternoon. Frances, a lot going on on the roads. Two Traffic Alerts right now. A couple spots you need to avoid this morning. Coolidge. Oakland westbound 580 overturned crash, multiple vehicles involved. A person may have been hit. Two right lanes will be blocked. And then we have a second sig alert on the peninsula. Southbound 101 as you make your way to redwood city. Apparently it was reported as a person walking in the lanes and was hit by a car. A sig alert issued. 280 is your alternate. Shutting off power in 30 counties up and down california tomorrow and on thursday including the bay area. Unless the forecast changes, customers in three east bay cities and napa county will be shut off. This could spread to include much more of us. It would cover every bay area. Its a good idea to charge your phones and electronics now. If you have an external Battery Charge that, too. Fill up on gas. In the south bay nearly 40,000 could be affected. Pg e is
He says and hands power back to brussels. To braceg warns china for a long struggle. President trump says a trade deal will be far tougher if he is reelected. Shery a quick check of how markets closed in the u. S. After being back from a long holiday weekend. Started firmly in the red. We had brexit concerns and trade tensions as well. The dow and nasdaq lost more than 1 . Tech and industrials leading the declines. The s p 500 showing its first loss in four sessions. We continue to see these concerns, not to mention that u. S. Factory numbers that we got during the morning session, we also saw the worst contraction in about three years. Treasury yields were under pressure. U. S. Futures at the moment not doing much but we have plenty of data coming out on asia as well. Let see how things are shaping up there. Selina that contraction in the u. S. Factory is a reminder of how fragile markets are amid the trade war. The futures market pointing to a mixed and muted market. Dataso saw some
Minister the right to negotiate the split from the european clear resolutions the trade war union. China to braces and no clear meeting insight as well as tensions around brexit and huawei and weak for a long struggle. Manufacturing data. President trump says any trade deal will be far tougher if he this points to how risky the trade war is for global wins a second term. Economies. In japan the nikkei down started. Get slightly. We expect pmi composites today. Look at the land the yen have the dow and the nasdaq off of at 10 5. 7 coming falling more than 1 as session lows of one of 5. 74. Industrial and tech shares led declines. 105. 74. Firmly in the red, and we continue to lose ground as we see trade tensions, concerns the kospi coast lower yesterday. Over brexit as well playing to 12114,5trading at the markets. Fors p 500 losing ground the first time in four sessions. Level. Weaker than expected we also have u. S. Factory data 1211. 45. Signaling contractions for the first time in t
Peoples minds. Declines of three quarters of 1 . Hang seng up 1. 1 percent. We have the nikkei also getting into the positive column. Shanghai composite, have a percent to the upside. The assets on the move at the moment. Subject to the machinations of the tradewinds or lack of them. Looking for gold futures. We were up significantly, 1. 8 at one stage, and that down to the haven trade. Futures on silver up 4 overnight. We have at the moment a good climb there. Hog prices up. This is how they closed in chicago. Here we go. The pound coming back now. The sterling with a bit of resurgence after falling below one dollar 20 1. 20. To getent is trying legislation through that may well mean there is no such thing as a hard brexit. Boris johnson in term could call a general election for october 14. It is all for brexit, the tennis match continues. Lets look at some of the first word news headlines. Su we start with president trump, who is stoking the trade war, saying china should do a deal s