Reporter the man behind the coal plan, a prominent local developer. Were not building a coal distribution turn. Were building a multibody terminal. Reporter it will have coal coming through it. Thats not been determined. Reporter but his Company California capital and Investment Group still needs to build the new terminal, still needs cash and the coal deal would bring in 53 million. We have environmentalists coming through saying west oakland is already exposed to high rates of pollution. West oakland children have high rates of asthma. They dont want coal to be coming through here next and having them exposed to that. What do you say to that . I say we have a squa document. We went through a very long process. Reporter thats the California Environmental quality act this requires state and local authorities to identify significant environmental impacts. The document clearly articulates 660 mitigations that have to be met to support the bulk multi commodity terminal. Thats what we have
Lion. Reporter now, the suspect fled the scene reportedly with bullet holes in the side of the vehicle. This is footage of a vehicle matching the description. A white Chevy Silverado pickup truck apparently found in oakland at the corner of 98th and east abandoned in the middle of the intersection with four bullet holes. We have footage of the officer being taken to eden medical center. Injuries and condition of the officer are unknown. There is a heavy presence of Police Officers there, as well. Live here at hayward, kiet do, kpix 5. The suspect in the deadly shooting at pier 14 is expected in court this morning for allegedly shooting and killing kate steinle on july 1. Prosecutors disagree on whether the shooting was an accident. He is an undocumented immigrant who had been deported five times. Steinles family is involved in a national debate. In her memory they urge a tougher line against Illegal Immigrants who commit violent crimes. Her father testified before congress yesterday ba
Just above estimates we begin with wall streets record run futures pointed to a muted open. The dow coming off a fivesession win streak. Plus broken Business Model . Elizabeth warren promising to follow the money when she questions former equifax ceo rick smith in a hearing this morn and pepsi shares are sinking. The beverage and snack giant beats earning but has a lower outlook. The dow, the s p and the russell coming off record highs. The Financial Sector posted its highest in ten years with watches on to see how resilient the market can be. I think what were seeing is a recognition that the economy is better so instead of paying low multiples for, what . Nothing, sorry, go ahead. My pepsi notes. Instead of paying low multiples for companies lets start with the banks. We are going to give the banks a multiple that looks like a stock. Do you know how long its been since i used to speak with brian moynihan, he does a great job and i would say okay lets say you can make two bucks, what
Today people about and then the summer weather and fishing and trapping obstacle. Lets check in with kron4s meterologist Brittney Shipp on if we can expect this summer britteny tomorrow it will stick around. Close to a fourth of july Holiday Weekend we will return all a little bit closer average just to warm to fast for you. But not debitors 75 net but 90 still unconquered 67 oakland 55 1 2 monday. The secrecy and arrows of livermore mainly in the 70s 67 the remark. And then as you like a more morning minister of and that sixties from was locations. Kaiser accretion in triple digits livermore 101 degrees and then conquered 9790 chile 59 and have monday. Then the triple digits as soon as weve seed lindsay thursday but the low 90s track how long the tablatures staying close average coming up next forecast in 20 minutes. Pam hawleys 77 be attainable tractions causing a major traffic jam. Reporter the cars below on how late 17 slowly not all this started 3 00 this afternoon when the money
Afternoon. Reporter this money carlo at a mechanical failure and caught fire on the highway running and a set of the mountain where there is no shoulder it quickly spread out. The steep terrain torture in order deprive trees and challenging the two ordered firefighters responding and 100 degree heat. Closures along highway 17 stranded drivers many waited patiently and cars in los gatos. Carloses trying to get to his home of some eroded and bonds. Bert ely, 5 mack drive took an hour and shes still far from home. City Council Approved a ban on shipping coal for Marine Terminal of the former Oakland Army Base the vote ends the plans for the west oakland project. 2012 the Council Approved a contract with the California Capital Investment Group to develop the terminal site. However many officials argue that the call was not considered an Environmental Review of the project when it was approved. This they say that a of propose a Health Hazard safety hazard to the public. They the said it wou