Good morning. I now call the committee on Small Business to order. That objection the author is authorized to share a racist for the committee at any time and i recognize myself or my Opening Statement. Welcome to todays hearing which will focus on the impact of the ncaa name, image and likeness policy across the College Athletics. I would like to thank all our witnesses here today for their time as we discussed this potential issue. For the first one to 15 years of the ncaa government of a College Sports the individual College Athletes had no legal rights turn a profit from their athletic performance was entitled to nothing gun room and board, meals and education. In 2021 after a series of court cases force the ncaa to change the policies College Athletics rod to monetize their name, image and likeness overnight without affecting their playing eligibility resulting sanctions against that university. We are still the early years of this new era. He think is important to take a look at
Others are trying to drive back home creating reverse traffic jams. Officials are warning residents they are in danger and curfews are in effect. There is no reason to go out. Dont be the guy they get hits gets hit by a tree. We actually have insurance. Everybody around us doesnt have insurance. Officials are telling people to hunker down for 12 hours. Lets take a look at the current condition. The storm surge is coming up to the highway. In miami, this homeowner is attempting Hurricane Irma from raising the roof. The latest on the map shows that after striking cuba the eye is skirting the northwestern part of the island. Tomorrow it will be in the florida keys and it will bring the hurricanes hurricane winds. Its a category 3 storm. There are 155 mile per hour winds. It will parallel the west coast of florida making landfall above tampa before powering to the southeast where it will be knocked down to a category one storm. The storm surge mayberry part of the keys. Landfall will be in
Technology investors with these kinds of gains after stellar earnings last night . It was unbelievable. Weve got a story on that coming up in just a moment here. You guys had your hands full. It was a rollicking hour, i hear it was. Meantime, a rollicking deal through the health care space. Cvs is pursuing a major deal to buy aetna and former aetna ceo john rowe will join us in a cnbc exclusive to discuss what that bid could mean. What a fascinating story that is cant wait to talk to john about is. Also look at oil today, trading higher, brent is back to 60 a barrel and wti is at an eightmonth high however, chevron is falling. Whats behind the move and whether this is a buying opportunity or not well talk about that coming up in a little bit later. Is pretty sharp moves in oil today. Lets go back to the big rally in tech stocks, thanks to strong earnings from a trio of tech giants. Deirdre bosa is all over amazons results for us. Josh lipton covering alphabet. Jon fortt is covering mic
See some thunderstorms. Highs today will be in the 50s. Thats it. But looks like warmer once we get into wednesday and thursday. All right. 4 31 and wet roads. Yes, we do. Yeah, we do have a coupleful things out there. Im look at the commute first. A commute where traffic is doing okay. If you are driving from backerfield to fairfield. Doesnt look bad into it continues to look good. There have been no major problems here. Looks like theres a stalled vehicle right here on the bay bridge. Westbound coming up. You can see the traffic is beginning to back up here. Westbound on the bridge. Right when you pass the stall, which is right there on the curve you can see traffic does get better. Well be watching that for you at the toll plaza. Traffic is light. If that stalls up there for a while, get the lights on but hopefully on soon. 4 31. Let go back to the desk. More than two dozen people are waking up without a home. We spoke to some ofs those people and tells us whats being done to help t
Rain. We would to show you video shot in petaluma. Also San Francisco and livermore. This is a little snow. This photo is courtesy of craig meskill. Snow levels reach low levels us again. Its no going over the sierra with heavy snowfall making for challenging driving conditions. Interstate 80 was closed but reopened to cars with chains go big rex still arent allowed to travel east or west found between the Placer County community and the nevada state line. In addition, there also controls an effect on highway 50. Lets get the latest on the weather situations out there. A lot and to parts of the system. The front produced heavy rainfall. Today the cold unstable air producing sudden down force, the hail and snow levels. This came in at 940. Hailstorm here, you get the idea. Theres hail coding cars. In terms of rainfall totals, seven cisco 1. 34 in oakland picking up an inch of rainfall. We had good downpour out there. Concorde. 63. Livermore over half an inch of rain all rainfall. You he