Before the lights come back on. The highlighted areas are where pg e cut off power to cut down on wildfires. Pg e announced it hopes to have the power back on in santa cl a clara, alameda and contra costa counties by midnight. But north bay is not in the clear yet. Were joined from a Resource Center in calistoga where people have been stopping by all day to charge up their phones, their laptops. How is it going there, melissa . Reporter weve seen kids, weaver seen adults plugging in their phones. Were here at the calistoga parking lot. Underneath those tents, thats where folks plug in their phones, laptops, tablets, you name it. Theyre also going home with these kits for the adults. A portable battery really helpful right now, and for the kids, a coloring book and some snacks. It just boop went out. Reporter samantha nary remembers the moment around 6 45 last night when the lights went out and the ac was silent. I feel like im in a desert. Reporter the scorching heat and the dying batt
Tuesdays election. Were expecting to hear from him any moment now. We have a big show. All that and much more on making money. Charles so this morning the Financial Media fixated on the rising covid19 cases in europe, new lockdown, potential lockdown measures might eventually come to the United States and you know i think there is a whole lot more spooking this market, including reaction to a repo tension biden presidency. Think about this after the Consumer Confidence came out yesterday below estimates, that was 10 00 a. M. The early result we saw in the market faded, by the end of the session selling picked up. S p was at 3406. That was the session high. It held as resistance and then we went do you and the dow was 27,689. The high from the session straight down from there. It wasnt just that the headline declined but a sharp drop in swing state confidence. Florida wept from 114 to 110. Michigan 124 to 119. At moment i still believe President Trump will pull this out. If he doesnt th
Stole the show. I say a star was born as he and Melania Trump talked about justice for allamericans. Speaking of rnc, it seems to have a positive effect on President Trumps poll numbers. The swing state trump bump closing the gap with joe biden. All that and more on making money. Charles folks, records all over the place as wall street keeps going. The bull market picking up speed this as new data on the economy continues to defy the experts. Durable goods orders for july climbed 11. 2 , significantly beating consensus estimate of up 4. 3 . Transportation was higher. Electronic equipment was higher. Computers were higher. Business investment came in better than expected this is more evidence that the consumer isnt dead. Which brings me to my stock of the day, dicks sporting goods. Reported record revenues and earnings for the quarter. I think another great example of omni channel success. Here to talk about all of this, kaltbaum Capital Management president , fox business contributor g
Well. Geordie joining us is johnson. How much more shakeout do we get from investors having to rebalance . As a bustedsla growth story. The revenues peak in the Fourth Quarter of 18. 690,000 of capacity. If they hit delivery members this year, only 63 of reported capacity. Building two new factories. Completely is mismatched. We think it is coming to the forefront in the stock. What gets us to 19 . Tesla has been unprofitable. Subsidies toed sell credit. People do not need to buy tax credits anymore. You look at the second quarter. Stockbasedthe conversation. Back to they go losses. Right now, it is single digits. In china, a big disappointment. Cars in aover 20,000 month. What gives you the confidence that now was a turning point . This not just that squeeze we are all talking about after call options are out of money. Great point. The numbers have been getting worse. S p inclusion. In 2015, elon musk said in two years, tesla cars are able to do 200 miles it on a single charge. 19, el
I dont consider myself a journalist and nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . One of my friends invested in uber a number of years ago. It was at a 3 billion market value. I said he was going to lose all of his money, no ridehailing company can be worth 3 billion. In fact, it turned out to be worth staggering sums of money and now it is publicly trading. I had the same reaction when i heard of didi, an uberlike company in china. I did not think it would catch on but i was wrong again. Today it is the single largest ridehailing company in the world. The person running the company is a young woman from china who rose up because of her hard work and intellect and now she is the president of didi. It is an incredible success story. She is one of the best known Women Business leaders in china, an ext