Power went out in piedmont, says she is less concerned about the money and would prefer that pg e do things like improving their powerline, underground and when it is necessary, and all we know they would profit by. Reporter within the past hour, the ceo did issue and statement and it is also a review of the utilities. Live in the oakland hills, ktvu fox 2 news. The Federal Ridge fire has burned close to 8000 acres in the San Fernando Valley and has damaged or destroyed at least 75 structures. Investigators now say the wildfire started under a high voltage transmission power. Southern california, edison, had shut off power in some areas due to dry, windy conditions. The fire is not about 43 contained, 23,000 homes had to be evacuated. One woman says she has lived in that area for more than 30 years and says this is the fourth wildfire. This is the only one we really could not prepare for, the other ones we had time to pack our cars and get things ready. All we did was get our dogs and
You will have to remember your drivers ed course training and come up to a big intersection and give it a fourway stop. The lights may not be flashing. It is one of those days that reminds me of being in the News Business when there is big news going on and people will be tuning in for updates on a lot of things. There is also a lot of debate going on right now on whether what pg e is doing on these power shutoffs is really the right thing to do. Some people say yes based on what we have experienced over the last couple of years in the bay area. And some people say no its not worth it. 95 of most wildfires start because of a human, throwing out a cigarette or whatever it is. That debate will continue. Right now we do know that 186,000 pg e customers have no power in the bay area. Just after midnight the utility started shutting off power to customers as part of its Public Safety power shut off program during red flag warnings. The first took place near the oregon border as well as in m
Today then rebounded in the afternoon. House of pleasure. Closing down 80 points. The s p losing. 42 . Nasdaq falling. 85 . I think what were seeing here is nothing more than a wholesale repricing of stocks. As investors try to bake in all sorts of contradictory possibilities. The repricing ebbs and flows and you see intraday rallies as people realize the businesses are actually pretty good and the stock market remains the best place to put your money. Thats what happens when stocks fall if only because every other asset class is so unattractive does this occur. Its not because this one is that beautiful still, i think we have to have more pain like we experienced this morning, which is why you need to understand what striving when the pain happens, youre not paralyzed, because were going to see it again and again. First, there is a whole camp of people who believes that our economy is headed into a recession. Probably sooner rather than later. How do i know this because at the worst m
Contraction. One name thats in focus today is ups we have some big news out of that Company Delivery giant becoming the first u. S. Company to receive nationwide approval for Drone Deliveries give iing the company permissiot fly drones over Populated Areas at nugt out of the line of sight and to use larger unmanned vehicles its a big coup for ups as amazon and others are also seeking the green light for their own drone fleets joining us now is ups chairman and ceo david alabama knee thank you for being here today glad to be here so you just received from the faa part 135 certification this was a process that air carriers must go through its the standard by which regulators are now approving Drone Deliveries tell us a little bit about this and specifically the Drone Airline that your youre now going to build out yes, we are very excited about being the first apt at the last earnings call, i talked about it i us said that was a goal and we have worked very closely with the department of
But very productive meeting today focused on the business of the week. Focused on the values that we as democrats hold dear. And focused on our commitment to the highest ideals of the United States of america. One thing has been clear during the 2 1 2 years of Donald Trumps presidency. There are very sharp differences teen what we as House Democrats and the Democratic Party is about, and what donald trump and trumpism is about. Democrats want to move the country forward. Donald trump wants to turn back the clock. Democrats want to bring america together. Donald trump is tearing us apart. Democrats are fighting for the people. Donald trump is fighting for he privileged few. We fight for the least, the lost, even left behind. We fight for Everyday Americans. Thats what we are going to do this week. Leading with our legislation to ive america a raise. Over the last year or so leading up to 2018, we made clear we would fight to increase pay for Everyday Americans, that is exactly what we a