Day. Thet issues and trade, ongoing battle between the u. S. And potential cyber warfare. Here in california. A lot of people commute. It is a feeling our colleagues in asia have been living with for weeks. How are markets opening up over there . Paul some unambiguous signals. New zealand has been open for an 2. 5 , aready off by move down of similar magnitude for futures in australia. 4. 5 , theures are off kospi weaker as well. We continue to see strength in the japanese yen. A lot of data coming out of japan today, retail sales, tokyo cpi, both of those contracting, even before the coronavirus outbreak. Take a look at the yields, big move down. Of at a fresh record low. 83. Global stocks plunging to fourmonth lows, u. S. Equities falling the most since august 2011 as anxiety over the coronavirus deepens. Lets get to Abigail Doolittle in new york. A lot of red. And id be on the close. Averages all down more than 4 , there was a rebound rally attempt. Turned briefly higher, but that i
A problem of outsourcing . Outsource more, we outsourced it to a private military company to coordinate the seem to be ideal for you as company was a huge contract. It was half a 1000000. 00 or just under that and was just soon the one of the large, Big American Companies would win it, but it didnt work out that way. Oh, paneled him spies a hit the headline a few years ago during the army to africa for involving his old company sand line. But general spies and now is developed a striving business in private security. And he recently won that monk c 1000000 pound contract. Well tim spices with me now. Tim. Good morning. Whats your summary of the situation in terms of chaos . Oh lord older i wouldnt advise people to go that if the measures in put in place for their protection all sound. Mm. Ah, this is the contract in iraq was to oversee the communication and coordination for all the private Security Companies from the ground with ineffective make that they were the general in charge of
Light drive. Developing story in the south bay. This morning were finding out even more information on a wild chain of events in san jose that ended with the shooting of a woman. This all came to an end in West San Jose just one mile away from downtown campbell. Today in the bays pete suratos joins us live where it all happened. Pete, do we know how it all started . Reporter good morning, what were learning this morning is that it was apparently a frantic sequence of events that led to that shooting but it happened in this area near eden avenue and d Cadillac Drive in san jose. San jose police are still looking for a shooter at this time. Lets take you back to when this all happened. Lets show you scene video from saturday night. These new details we are getting are according to the San Jose Mercury news, theyre saying there was that sequence of events leading up to the shooting and there was a female victim driving with a male passenger and the two of them were apparently being chased
But even then only if they were over 30 and owners of property. Its 5 oclock. Our main story is that the chairman of the outsourcing and Building Firm carillion, philip green, says he takes full and complete responsibility for the groups collapse. Hes among former bosses whove been answering questions from mps about the decline of the company. The firm, which employed more than 40,000 people worldwide, went into liquidation last month with significant debts and a huge pension deficit. Our Business Correspondent Simon Gompertz reports. The senior figures in charge of carillion in its final months. Keith cochrane, chief executive during the collapse. Reporter would you say sorry to employees . And zafar khan, the finance director ousted after commissioning an internal investigation. Also among them, richard howson. He was sacked as chief executive after having to warn last year that profits were plummeting. I, too, would like to say how deeply saddened and how sorry i am for what has hap
Francisco. We have some closures though for the fires. More on that coming up in a few minutes. Two big wildfires are burning in rugged terrain this morning in northern california. The kyburz fire started yesterday afternoon in the El Dorado National forest closing a major link to lake tahoe. The wragg fire has been burke for nearly two days in napa and yolo counties. Heres a look at where its burning on the Southeast Side of Lake Berryessa west of the town of winters. Anne makovec is at a cal fire staging area in vacaville. Good morning. Reporter they just moved the command post here to vacaville because this fire has been moving to the south. The good news is that it has been moving away from a lot of the homes that have been threatened. So far, though, the fire has burned about 10. 5 square miles. Here are the numbers. 6900 acres have burned. It is now 15 contained. 1372 firefighters are work to put this out. Cal fire did lift mandatory evacuation orders for the Golden Bear Communit