Tahoe. Dry afternoon. 60s on the high side today. Sal, what do you have . Anything good . We have some slow traffic, steve, definitely. We are going to start off with the bay bridge toll plaza and show you the traffic is going to be busy if youre driving through on westbound bay bridge, which is typical, of course, no major issues here, traffic continues to be okay. If you are driving on interstate 880, the traffic is moving along, also going to be okay here. When you get to the toll plaza, you will see the traffic is going to be backed up. Golden gate bridge whoops. Lets go to the east shore freeway, westbound traffic moving along well. Golden gate bridge camera out of commission so frozen on the picture, in case you were wondering. Westbound 80 traffic here on the east shore freeway is going to be okay if you are driving through with no major issues, although it is getting a little bit more crowded westbound 80 traffic is also going to be slow as you drive through vallejo. At 6 01, g
Wars the last jedi, is in theaters tonight. Rich gelfond is the ceo, hes here exclusively to tell us how star wars and the disney fox tieup will change hollywood and just how imax outdid itself at the london premiere. Were going to show you something youve never seen before. Plus, oscar winner jamie foxx helping the turn the eye wear industry upside down . How a pit stop at a gas station got him together with the gutsy Small Business thats ready to disrupt the disrupters. And well tell you how a tech titan original is now hoping to use his original take and chance on bitcoin to cure global poverty. Can overstock Ceo Patrick Byrne do it . Were going to push him on this in a fox business exclusive. On wall street, the markets sliding late in the session as materials be and Health Care Stocks lose are ground. Were less than an hour the closing bell. Big hour here, folks. Lets start the countdown. Liz breaking news just minutes ago, President Trump literally cut the red tape on red tape an
Disney in the biggest acquisition in its history will buy most of 21st century fox for 52 billion in stock. It is a transaction that will reshape the media landscape. Disney already powerful in filmed entertainment and sports will become even more dominant after it folds in foxs film and tv production assets and its 22 Regional Sports networks. Its an offensive defensive play aimed at fending off the rise of Tech Companies like netflix, amazon and others that have turned hollywood upside down. Even though the deal was widely expected and first reported by cnbc last month, shares of both disney and fox were higher today. Disney the best performing stock on the blue chip dow index. Julia boorstin now on whats in the deal and why these two companies were eager to get it done. Reporter the mouse is buying the fox. Disney is spending 52. 4 billion in stock for foxs entertainment assets, including its film and tv studios, its Cable Entertainment network, and its International Tv business inc
Sweep south over the area late friday night and Early Saturday Morning which then increases nne winds along the ridges and peaks saturday. A dry pattern may turn to a wet weather pattern next week. No major hot spots. Bay bridge wb 80 is less then 30 min from the maze to sf. San mateo bridge less then 30 min from 880 to 101. Golden gat bridge drive time less than 30 min from 37 to the toll plaza. Richmond bridge drive less than 20 min from the toll to 101 darya new this morning. The Oakland Unified School district has approved 9 Million Dollar budget cuts. james this after parents and teachers voiced their anger at a Heated School Board meeting last night. Kron 4s will tran joins us live from oakland. Will. The School District says the 9Million Dollar cut is down from the the 15 Million Dollars they were originally proposing. The district says they had no choice but to make the cuts or the state would have intervened. And that could have meant School Closures. There is no word on where
Attorney general Jeff Sessions says doj officials believe they can ban rapidfire bump stock devices without action from congress. That comes after President Trump ordered the Justice Department to work towards banning those devices, which allows semiautomatic rifles to mimic machine guns. Puerto rico says delays by the Treasury Department in getting Disaster Relief to the island has put the u. S. Territory in a dangerous financial dilemma. The islands governor says the treasury imposed restrictions that made it difficult to access funding. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg, and Bloomberg Technology is next. Emily im emily chang and this is Bloomberg Technology. Coming up, amazon arrives at your front door after a 1 billion deal to buy a smart home tech company ring. How this plays into the ecommerce giants larger delivery strategy. Plus, comcast reaches for sky and raises the st