Laney college. The College Board has decided they do not want this project to move forward here at this site. Essentially, theyre not willing to give up the land to the oakland as. The board decided in a closed session meeting yesterday to cut off talks with the oakland as about their proposed stadium plans. In september the as announced their preferred site for a new stadium was here at this location, the Community Colleges headquarters right across from Laney College next to 880 here in oakland. There was a lot of concern from the getgo among the College Community about this new stadium, potentially disrupting campus and possibly displacing low income residents in this area. We talked moments ago with the chancellor who was asked if he took offense to the way the as announced their intention to build a ballpark at this site . It didnt we didnt take offense to anything. We really concentrated on what peraltas interests are. What our needs are for the future and what to explore, the be
North korea selloff. All slightly of the green. Lauren the nikkei in japan getting three quarters of 1 . The shanghai composite done fractionally. Train to Warren Buffett becoming a bigger Shareholder Bank of america with billions of dollars in gains for his financial crisis investment. He sat to speak with liz claman later today. We will have a preview for you. Fbn am starts right now. True in three good morning. 5 01 a. M. In new york did thanks for joining us. And lauren simonetti. Cheryl thanks for joining us. Im cheryl casone. A lot of breaking news including what i just told you about. Harvey making louisiana. 12 years ago was devastated by Hurricane Katrina landfall near the texas louisiana border. This comes as catastrophic flooding is continuing in southeastern texas after the monster storm dumped more than 50 inches of rain in parts of the region and that was a record. Lauren yes it was. Authorities say at least 18 deaths have been reported and its still hard to tell. Among t
European markets are well underway and as he has pointed out a number of times they have been of late for our own markets and there they are up across the board. Not bad actually. No, our futures being down is a function of idiocy. Idiocy how about the ten year note yield were right around 210. Yesterday. And also we know if you buy the banks you get some leadership rally and oil goes to 42 they still have no place to put it which is incredible given the fact that at one point we would be in a state of emergency but instead were in a state of glut youre going to pushing and theres not enough people in the refineries they get far earlier than people think. At the same time oil has to come down because its in storage and those that want to ship that oil will get it to the market somehow. The president said to speak on taxes later today. Expected to call the u. S. Economy quote rigged or at least the tax system plus its official warren buffet now the largest shareholder in bank of america
Democrats, everybody. Americans. Everything will be okay. President trump when one part of america hurts we all hurt. Arm in arm we will strive. We will endure, and we will emerge stronger than ever before. Clayton lets get to the fox news alert now President Trump and first lady set to board marine one at any moment ahead of their second visit to texas well bring you that live whenen that happens. Abby this as he puts pressure on congress for nearly 8 billion as a down payment for relief in texas. Corporate pete peter doocy will be live later today. Good morning. T reporter that almost 8 billion the white house is asking for is considered emergency funding theyre calling it a down payment that would be used for continued life saving missions, help for housing for people without blood insurance and the loans to Small Businesses whose bottom lines are facted by the high water. These details were sent out late last night by the white house budget director to the speaker of the house paul
[ cheers and applause ] jimmy very nice. Hi, everyone. Im jimmy, im the host of the show. Thank you for watching. Thank you for coming. To those of you who are visiting, welcome to los angeles, california, which as of today is the official home of the summer olympics in 2028. Thats right. [ cheers and applause ] the lilks will be in paris in 2024, l. A. In 2028, which is very exciting. President kid rock himself will be here for the opening ceremonies. [ laughter ] the u. S. Dwell gation originally wanted to have the olympics in boston and that seemed to be the plan, until think realized they had very little local support. People in boston didnt want them. But here they did a poll, they found that 83 of l. A. Residents approve of hosting the olympics. Although its important to keep in mind 83 of l. A. Residents also approve of glutenfree pizza, so we really cant be trusted. [ laughter ] get ready, we can in just 11 short years, we can look forward to seeing the greatest athletes in the