Lets get started with brian shields. And what a difference a day makes. Right. 80s yesterday and the rain now it is cold outside. Were going to see wind chills, windy and cool today, only 60 for a high temperature. Thats it. Take a look. 40 and 50s around. We are close to the 4s thin northern zone. 47 through claremont. 52 in melbourne. Look at that 24hour temperature change. Afew spots close to 30 degrees cooler this morning. Sweeping changes behind our front. Again were dry and the clouds will be leaving us shortly. Sun. Look at this, 49 at 10 00. And at lunchtime, you want a 55. 58 at 2 00. And again, it will be windy. 50s and 60s for the highs. The winds out of the north 15 to 20 miles per hour. We will track and the temperatures just ahead. Our time is 5 01. And a first check of our traffic this morning. Pulling up our camera near colonial looking at the northbound traffic. You dont have problems. But south you have a crash at the onramp. We also have another crash blocking a port
They say Islamic State militants are destroying more artifacts in the ancient city of palmyra. Crews at japans only Nuclear Plant are getting ready to resume operations. Engineers in the sendai plant brought it to full capacity. They plan to have checks september 10th. It will generate elericity for customers the same day. It would be the first to do so under regulations created after the Nuclear Accident in fukushima four years ago. They restarted earlier there month. A problem with the cooling system delayed plans. Workers were able resume those efforts last week. Except for the reactor at the sendai plant, all of japans Nuclear Reactors are offline. Police in bangkok say they found bomb making materials in the suspects apartment. They arrested a man on his role in a deadly attack at a shrine and explosion. They suspect the blasts are for retaliation. Police are questioning a foreign man on saturday for its alleged involvement in the august 17th bombing that killed five people and an
Expanding in spain and italy in june. Nicolas sarkozy denies all wrongdoing as he takes to national tv to defend himself against allegations of corruption. And setting the record straight, volkswagen denies reports it will launch a takeover pick for paccar. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Well, a warm welcome again to thursdays Worldwide Exchange. You can see the heat map behind me. A bit of a difference to what weve seen for the last few mornings. A bid to the upside taking the stoxx europe 600 up around 0. 25 this morning. We had a relatively unchanged u. S. Market. They did manage to make new record highs for the dow and the s p yesterday. Adp coming in stronger than expected, the second highest since the beginning of 2011. It is a bit of a catch if you look at the payrolls on average. Gains across the board, as i was mentioning there. 0. 4 for the likes of the french and the german markets. The ftse mib now up around 0.
Outlook. Why is the stock moving higher in the premarket . Mcdonalds ceo with a vote of confidence from the board. Whats coming at the fast food giant as we hear from the chairman. And a watershed moment for twitter ceo. It is twitters investor day as yahoo Ceo Marissa Mayer faces questions of her own. First up, macys reporting Third Quarter earnings, 61 cents a share. Revenues do miss as comp sales down 1. 4. Macys also reducing sales growth forecast for the rest of the year. The ceo says he remains optimistic for the rest of the quarter. They hold margins pretty good in this environment. Inventory is up but not by a lot. Macys is a tight ship. You can look at the socalled forecast and say this is not an aberration. Theyve repeatedly done this. Theyve cut forecasts, so to speak. You go through and see big buyback, optimism, easy comparisons. You see theyre not spending nearly as much money as you would think to get these sales. You take a look at the multiple on number of, say, foreig
Morning. Five banks have been hit with major fines. Kayla tousche joins us on set with some of the details. This is the settlement weve been speccing for weeks, for months. An 18month investigation by authorities in the uk as well as the uk as well as switzerland have announced a joint settlement with five banks, urging them to pay more than 3 billion to settle charges of key Foreign Exchange rates in the 4 00 hour is when most of the activity, according to the press releases, happened. Its going to be a costly one for many of these banks. Ubs will pay the most at about 800 for a threeway settlement. The cftc in the u. S. And the federal authority, as well. Citibank will pay 668 million to the fca and the cftc as that Bank Adjusted earnings by 600 million just a few weeks ago as it was setting aside more money for this settlement. Jp morgan chase will pay the two u. S. And uk regulators. Hsbc, 618 million. Even though these are pretty big sticker numbers, guys, it does seem like pretty