Earnings reports alone, even though this is the height of earning season next week. Thats why the game plan starts with russia. We needed to see something this weekend that makes it clear that the russians and the United States arent on a collision course irreversible after that tragic plain crash. We could be in the midst of a terrific rally and it might be wiped out by geopolitical events that are tough to get your arms around. I want to be clear about this. Im not saying you should sell stocks because of ukraine tensions. Im saying that others truly will though. Yes, some Financial Companies have relationships particularly visa and mastercard in russia, but a small percentage overall. Plus, global tensions lead to a flight to safety. Always happens. Which means a flight into u. S. Bonds. When people buy our bonds of course Interest Rates go down. And when Interest Rates drop, the Bank Stocks Fall too. Its just the way it works. Their earnings do better when rates are higher. Russia
Just why was that malaysia air flight flying over such a dangerous area and what has been the policy of all airlines that fly internationally with so many hotspots across the globe . We have phil lebeau standing by. Hes been looking into that. And for anyone who travels, you may be surprised about where airlines have been willing to go, at least until yesterdays tragedy. Then back in corporate america, two developing stories. Time warner trading above rupert Murdo Murdochs 85 offer, which was rejected. So, what does that say about what wall street thinks is going to happen next . Somebody thinks were going to get a deal. Yep, for sure. But at a higher price. Also, fedex higher today, despite being indicted by the u. S. Government, accused of being a drug mule for illegal pharmacies, saying fedex is knowingly shipping drugs to dealers and addicts. Well look at the governments case. All right, lets get you caught up on the markets. Weve essentially, as michelle was highlighting, done a r
I think everybody is really sort of struck by the terrible irony of losing people who are trying to do so much good in the world to an act of such sort of unnecessary violence. Walkers will be encouraged to stop at golden gate Parks National a. I. D. S. National growth. It makes the walk extra special because there are more, unfortunately, people to remember. She hopes more people will be inspired to find a cure. These people who died arent replaceable. You know there will be other scientists, but not those scientists, and its really a sad thing thats happened. The Opening Ceremony starts at 9 45. There is still time to register and to make a donation. In San Francisco, abc7 news. Abc7 is a proud sponsor of this weeks a. I. D. S. San francisco. Heres three members of our Promotions Team at the walk. This mornings walk starts at 10 30. You can still register by calling. Visiting a. I. D. S. Walk. Net or visiting the app. You can also show up at the park and register there. A call for en
Fatality in sunnyvale and matt is on the scene with the details on that. We will do that now with the breaking news from south bay a deadly crash in sunnyvale that will keep 101 offramp closed but the question is, how much more time . Matt keller is getting the latest information. They are pulling the car from the ditch. The tow truck arrived half an hour ago. The monday do is on the back of the tow truck on the offramp of lawrence expressway off northbound 101. The c. H. P. Identified the driver as 34yearold san jose man. His wife was killed. He was arrested in the hospital and could face felony d. U. I. And vehicular manslaughter. The driver was speeding when the car flipped before 2 00 a. M. In sunnyvale. No one was wearing a seatbelt. Firefighters arrived and ripped off the doors to get the victims four were taken to the hospital. The buy of the driver died on seen and the smell of alcohol was overwhelming. The surviving female it was her 23rd birthday and it looks like they were c
Arizona state team which is in control of its destiny in the pac12 south when they return to conference play after this brief step out of conference action. Chris theyll move closer after this weekend games. If they win the pac12 south and go and beat oregon, theyre in, in my opinion, with the schedule they have. Theyll be in in my eyes. Sean they had quality wins. It was notre dame who needed a marquee win today. But you mentioned they have been handling ranked opponents lately. Foster. Started today with a fourgame winning streak. Three of the four were over teams ranked in the top 25. At the time of the meeting, usc, stanford and utah last week. Fourth and goal. The clocks running. Brian kelly isnt going to stop it. Hes accepting that the outcome is no longer in doubt. And todd graham about to make history. Only four coaches who have defeated notre dame while coaching at two different schools. Nick saban, dennis erickson, johnny major and jones wi. All four won championships in some