Fortt and leslie picker. Interesting morning as we await the fed decision this afternoon. Tim cook speaking with japans nikkei while visiting some apple stores and ink suppliers defending the companys job creation in the u. S. And complaints the company has faced over competition cook saying, quote, a monopoly by itself isnt bad if its not abused the question for those companies is do they abuse it. That is for regulators to decide, not for me to decide joining us to talk about this and a lot more, managing partner susan line and ciscos chairman emeritus, john chambers. Good morning, guys. Good morning. How you doing good. Lets try to put these comments in some context. Why do you think theyre happening now out of cook, at least . Well, i think theyre happening because theres a general concern over privacy and over moves to increase privacy at both facebook and apple products but i think for him, this was an interesting moment because its the first time hes really tried to defend a mon
On Interest Rates. That was the take away from the central olbanks twodayy meeting where Interest Rates re left unchanged. Todays decision or perhaps better said nondecision follows three rate cuts this year, which was an abouface from from thet four inter rate hikes in 2018. Steve liesman reports from the Federal Reserve in washington. The Federal Reserve ended a momentous year forli monetary by launching what it one where the policy rate is likely on hold for what could be many months. The move to neutral folws three successive rate cuts in hike rates in 2019. Of plans to the fed called the current stance of policy quote appropriate. The feds overnight lending rate stands at a range of 1. 5 to 1. 75 . The fed chairman suggested that could be the case for a while to come. We believe the current stance of Monetary Policy supports sustained owth, a strong labor market and inflation near t symmetric 2 objective. As long as incoming information about economy remains broadly consistent wit
Enforcement and more signs. They want to make sure their children can get home and to school safely. A woman charged with intentionally running down to pedestrians in cupertino was arraigned in court today. We learned the identity of the man who was killed. Prosecutors say she intentionally rammed into 77 yearold lawrence of sunnyvale. And then drove back and forth over his body multiple times killing him. Both pedestrians were hit tuesday at cupertino san antonio preserve. The second pic of them ran behind a tree and only suffered minor injuries. It is unclear whether she knew and targeted the victims. A look at other top stories. Alameda county prosecutors say they will retry ghost ship defendant derek almena. His trial is set for next march. Last month a ju deadlocked on w the fire that killed 36 people. His codefendant max harris was acquitted. Was Contra Costa County High School District changing friday night but all games. Games will start at 5 pm instead of 7 pm. Out of concern
Closed as they investigate what temperatures. Instead it nd of gusty calls an unexpected downtime. Winds. This is the lose end of the coming up in our next half threshold for red flag warnings. It is only in the north bay, 35 hour, the exposing concerns over the company that is about miles per hour. To run several Navigation Centers for the homeless. It will continue to be dry and windy through 10 00 a. M. Plus an opening day bust for then the red flag warnings get liftnd and looks like a pretty one of the biggest balloon nice sunday on tap. Festivals in the word. Well have all the details in a why things never got ave the few minutes but first lets get ground in albuquerque. You can watch our project home reports on kpix. Com. If you have any idea for a the latest. Thank you. Well, the north bay remains under a red bay fire. Story,way would love to hear it. You can send tips project home cbs. Com. Welcome to the carnival 30 minute tour. It burned up a hillside. The flames approached,
Worship. Welcome, everyone to the four. Im alex savidge. Im alyana gomez. Today, Police Detail the shooting incident and what the suspect was armed with. They say the gunman fired 39 rounds. The matt Gilroy Police officers combine fired 18 miles. They hit the suspect multiple times but the corner says the suspect eventually shot and killed himself. As we know, he was heavily armed. Police say he was carrying a 75 round drum magazine that fit into his gun and also had 5 40 round magazines on his body or near his body and another magazine in his backpack. The fbi also revealed that it is opening a domestic terrorism investigation. Kate abuse Maureen Naylor is live in were with the latest. More rain . Reporter that announcement came as afternoon. The fbi is saying they are classifying this as a domestic terrorism investigation, saying the shooter was exploring violent ideologies and saying he had a list of targets. Tuesday, the fbi announced it is finished collecting evidence from the gil