Outside good evening everyone im jessica dean. Im ukee washington. And lets go to meteorologist lauren casey. Its all about finding ways to stay warm. Dealing with this brutal air mass that came blasting in last night. Temperatures right now in the teens in philadelphia. 18 degrees. 16 allentown and 7 mount pocon pocono. We have extremely cold arctic air mass and on top of that we had intense winds all throughout the day today. Still wind speeds 15 to 20 miles an hour and wind gusts still up around 35 miles an hour mount pocono and gusting waning along the i 95 corridor and we had gusts reported to 41 at philly international that pushes that feels like temperature low, feeling like 4 in philly and 1 below in allentown and 13 below right now in mount pocono and overnight tonight temperatures in in Lehigh County to poconos dropping to single digits. Philadelphia and surrounding counties to the teens and down to the shore and parts of delaware dropping to0s. Winds wain a bit especially af
Was all in the battery samsung explains the reason why the galaxy note Mobile Phones caught fire and we re note Mobile Phones caught fire and were recalled. The uk government to outline the Industrial Strategy. But with brexit looming large, where will any Government Money go . Welcome to World Business report. Im sally bundock. Also in the programme Iphone Maker Foxconn signals 7 billion investment in the us. Details injust a moment. But first. Korean Electronics Giant samsung has released the results of its investigation into its flagship galaxy note 7 smartphones. In october last year the phones were recalled because some had overheated and caught fire. The company today confirmed problems with the design saying the manufacturing of batteries was to blame, not the actual phones. The note 7 was supposed to rival apples iphone 7 but instead, the device caused massive damage to the companys profits, and its brand. Last year, over 100 of the phones spontaneously burst into flames. This
Solid progress, janet yellen saying growth may have a higher rates, regardless of president trumps policies. Lets get underway, midweek session. When it comes to markets this week, we have shanghai, kuala lumpur starting off their session. A lot of things to discuss, david . David a lot of data coming through. But there was an underlying theme. We had testimony from janet yellen. It is all very positive. A bit more hawkish than expectations. This feeds into the narrative that the Global Economy is doing rough. The data that is come through, quite solid. We talked about china a lot. 144. 19 is the regional benchmark. 114. 3,dle to pass is that takes you back 2014. You have japan all day yesterday, the dollaryen pushing higher. Australia, you have the banks and minor stocks on the way up. Taiwan, a quick mention of that market. They have been up for five or six straight days. , a place ofollar concern for policymakers. The gdp will come up later on. When you look at the start, it has got
A hospital. Our sources identified him as jesse enjaian, a computer engineer. The suspect, jesse enjaian, is still in serious condition. He was taken to a nearby hospital. Now, police dont have a motive. They dont know what set him off, what his state of mind was, but we did hear from sources that police were called to his house earlier this week. They did not make an arrest at the time. Ken . Obviously this is a guy who was agitated. What are we learning about the suspected shooter . Neighbors say anything about him . Yeah, we havent got a chance to go on the street yet because its still blocked off, but we understand he appears to be a pretty bright guy. He graduated from ucla in 2008, and in 2013 he graduated from the law school at university of michigan. Hes a computer engineer and also cofounder of what we believe to be a Startup Company called open micro systems. All right, da lin live in the east bay tonight. Thank you, da. Now to our storm watch coverage. Wind damage is the sto
Ring the register 24 hours ago, all i kept hearing was sell the news. The trump rally is tired. The guys too divisive. Hell never get anything done. Time to take profits. Oh, you heard it too. The bulls long in the tooth. The rotations are over. A lot of really smart guys said its time to get out. Buy the puts. Put on the shorts. Sell, sell, sell. Well, they shouldnt look all that smart today. Dow surging 303 points. S p pole vaulting 1. 37 . Nasdaq soaring 1. 35 . Hallelujah this is why i always say that group think is so dangerous. Many revered Money Managers came out in the last two months and said were doomed in part because they disdain trumps bust the budget ill informed analysis of what happens next. Thats how they put it. In fact, it got so bad that even the great Warren Buffett was taken to task for saying this markets not in a bubble. If you think its over, youre simply on the wrong side of history. Someone actually told me that buffett has become that old gas bag polyanna fr