Officials here. First of all, it is clear that we did not sustain and suffer the absolute catastrophic damage that we thought was likely based on the forecast we had last night but we have sustained a tremendous amount of damage and we have thousands and thousands of our fellow citizens whose lives are upside down because their businesses and or their homes have been damaged and we have lots of challenges around the state to say the least with a variety of things whether electrical power, Water Service or you name it and we have a lot of work to do but we are in better shape today than might have been the case and so we have a lot to be thankful for as well. As you know by now im sure hurricane laura made landfall as predicted last night or i should say this morning at 1 00 a. M. As a very strong category four hurricane with sustained winds of 150 miles per hour. This was most powerful storm to ever make landfall in louisiana and it is still a powerful storm that is in the state of lou
Reporter . [inaudible]. Texas Governor Greg Abbott in response from hurricane after the category storm came to shore about 1 00 oclock this morning. In neighboring louisiana. About 35 miles from the texas border paredes joined by senators and ted cruz. [background sounds]. I want to thank everybody for gathering with us here today. Especially want to thank senators cornyn and chris for taking the time to join us today and being part of the Aerial Overview that we were able to take to get a better assessment of the entire region. As well as to work with here on the ground. Also want to thank the two local area congressman, and the congressman, as well as the governor dan patrick. In the state senator nichols, and local representatives stephen think all of them for being here. Of particular want to thank the county judge. Thank you for hosting us and for being with us. It is been a pleasure. And working with you through this pretty so thank you for being here. Of course. And mayor, i wan
Governor John Bell Edward said the storm is the strongest to hit his statement did not sustain the catastrophic damage that had been forecast parties joined at the briefing by other state officials. Good afternoon and thank you for being here this afternoon. We have our usual lineup today the officials here today with m me. Chip klein is going to speak in just a moment. He is of course chairman of the cpra he will talk about coastal flooding we have secretary of department of transportation and development, shawn wilson who will speak in a little bit on roadways. And then we have fire Marshal Butch browning who is here to answer questions that you might have about the fire at the Chemical Plant and west lake. And obviously you can ask questions of any of the officials here. First of all it is clear that we did not sustain and suffer the absolute catastrophic damage that we thought was likely based on the forecast we had last night. But, we have sustained a tremendous amount of damage.
Can you see. T the Housing Market continues to thrive in the u. S. , Manufacturing Activity is recovering it jumped to a 19month high comparable data out of the eurozone and japan. Familiar names leading us up apple is up 5 market cap just hit 2 trillion earlier in the week. Its more than onetenth of the way to three trillion already. Incredible move for that stock with 59 minutes left in the trading day. S p 500 as we just showed you, up 0. 4 on pace for a record closing high speaking of apple, by the way, we have breaking news this hour on the companys fight with epic games. Josh so apple just responding with a legal filing the two epics charges. They alleged exactly the same things will all of the legal theories apple is saying here will fail as a matter of competition the motion will fail because they need to show the balance of equities and Public Interest are in its favor in fact, the factors favor apple. Apple goes on to say that epic knew full well that in circumventing the pro
Earnings, and we will bring you the trade. First, we start off with the amazing chase. The s p 500 and nasdaq starting at new alltime highs and the record move is forcing wall street analysts to play a game of catchup. And as Morgan Stanley is up on the price tag of apple for a street high of 1. 20 a share, and it is where apple past the beginning of the month. And with tesla, the stock is 1247 and the stock is now trading above 2,000 a share. So what is this giant game of catchup saying about the stock market that we are in. Guy adami . Well, first of all, welcome back mel back, mels, and i love that you are on every show since your return, the and so have you watched any baseball since you were gone . Yes, i did. No doubt you saw mike trout play, and to bring that up because of the absurdity of everything, a mike trout signed rookie card sold at action for 4 million and i dont point it out to be glib, but point it out because everything is chasing everything right now, andpel is one