Hackett was brought in, he was a board member, previously he had done a great job at steel case the Office Furniture company in michigan and when he came in and he said, look, we are going to transform ford, get it ready for the future for Autonomous Vehicles, for electric vehicles. That hasnt happened ford has been mired in really not being making the move that its needed to make since 2017 they are starting to change that a little bit some of that because of the moves that jim farley has made as coo, he becomes the ceo effective october 1st and the marching orders are pretty clear. Transform this company, get ready for a future with electric vehicles, Autonomous Vehicles at some point, not immediately, but at some point, but, guys, this is the most interesting stat that i can find. If you go back over the last, what, 20 years, 19 years, only one ceo at ford, alan malaly posted a positive gain in ford shares there you see hacketts performance since may of 2017, down 38 , similar to fi
The influence of alcohol. Now, back out live, we see that city workers are again trying to do a lot of cleanup this morning here and try to restore those traffic lights in the area. A lot of debris and mess left behind and we saw one vehicle also in this area that has a dent in it. Chp says this is an active investigation and there will be more information later on. Cate caugiran, cbs 5. A house fire left a neighborhood in San Francisco covered in smoke. Cbs 5 reporter anne makovec on the scene with the cleanup. Good morning. Reporter the people who lived in the building that was on fire have now been able to return home. They were lucky. Here are the pictures of the place in the duboce triangle. It was challenging for the firefighters because it was traveling through the walls of the building. The fire damage was isolated tonight try ways of the building. The damage was isolated to the entryways of the building. It could have been deadly if the smoke detectors didnt wake people up and
Halleluiah halleluiah the last of the victims of the connecticut mass shooting are being laid to rest, funerals for three little girls were held today, as families say their final goodbyes the battle over gun control heatlin heating up. More on that in a moment. The fiscal cliff, ten days away with no deal in sight, the president and Speaker Boehner are thousands of miles away from each other, each left washington for the holiday. We will have live report from hawaii and the latest on the fiscal cliff talks in just a few minutes as well. Its official, Bp Oil Company will have to pay up to 7. 8 billion, that is the Class Action Settlement amount they agreed to pay to 100,000 businesses and individual has h by the biggest oil spill in history. The settlement was finalized yesterday, a lot of them are opting out and pursuing lawsuits of their own. More affects of a brand new governments growing pans. This man announced that political life does not agree with him and he will go back to bei
Four years after the deepwater horizon drilling platform killed 11 workers, causing more than 200 million gallons of oil to spew into the gulf of mexico, the Environmental Protection agency has lifted a ban that excluded bp from new federal contracts. In a broadcast exclusive, will speak with Elizabeth Birnbaum who was director of the Minerals Management service in the interior department the time of the deepwater horizon blowout. She left soon after. She now says the risk of another blowout is real. Then, rubin hurricane carter has died. He became an International Symbol of Racial Injustice after spending 19 years in prison for a wrongful murder conviction. This is unreal. This is what i sat in a cell hoping to happen. This is a dream come true. Ive never had a dream in life that has not been realized. Never yet. Earth limited on this simply by our own imagination. Theres nothing we cant do. Hurricane carters ordeal with publicized was in the film starring denzel washington. We will s
Newsroom l. A. Starts now. Bill cosby is charged with Sexual Assault. Over the years, at least 50 women have come forward saying they were sexually assaulted by cosby, accusations he has always denied. But now this case has made it to court and only just. A day later, and it would have been inadmissible because of the statute of limitations. Bill cosby surrounded by media, looking frail in a gray sweater, carrying a cain, arm and arm with his attorneys. He stumbled on his way into a pennsylvania courthouse. Mr. Cosby, anything to say . Inside, standing room only. Cosby was guided to the defense table. After hi arraignment, the 78yearold had his bug shot taken. Bail set at 1 million. On an evening in early 2004. Cosby is charged with assaulting Andrea Constand. She skred cosby, 37 years her senior to be a mentor over the months after they met, he invited her to several Public Events and private dinners. Mr. Cosby made two sexual advances at her that were rejected. On the evening in ques