For new jersey, philadelphia, the Lehigh Valley, a big warmup up to 57 in delaware. 61 today. Ill break it down hour by hour, show when youre most likely to need the umbrella in your neighborhood in ten minutes. First Jessica Boyington watching your first alert traffic. Thanks. Yeah, were starting on the schuylkill expressway. An update here around the vine. Everythings back open. Just watched the last construction vehicles move out of the way. The eastbound side of the expressway, good to go. By the time you head out, construction vehicles should be gone, as well. Watching 95, no problems at all. This is actually super light now. 11 minutes on the southbound side from woodhaven moving to the vine street expressway. Speeds are way up. Moving toward center city, not seeing any problems there. Watch for the clearing of this. It should be clearing about now out in belmawr, the 42 freeways northbound side. Headed northbound toward the philadelphia area. You have to get to 295, the ramp was
People. Matt, the fire has claimed a life. Tell us more. Reporter thats right, that person was trying to evacuate, but they got into a car accident, and the car overturned. Firefighters trying to save as many people as possible, trying to get everyone to evacuate. The fire has covered more than 15 square miles and is quickly moving to heavily populated areas. You see the dramatic pictures. The fire started yesterday and is powered by the strong santa ana winds. Some gusts have topped 15 miles per hour. Firefighters have been fearing Something Like this could happen, and it did. The wind has been pushing the fire about 60 miles northwest of los angeles. It has about 30,000 residents. Its also nearing ventura which has around 106,000 residents. The fire is pushing quickly toward venturventura. Were making sure were out ahead of the fire, making sure we have evacuations in advance of the fire. Were leapfrogging engines as the fire proceeds. Reporter firefighters from other areas are comin
And apple and amazon lead afterhours gains after the iphone maker beats expectations and the ecommerce giant beats record profits. And sony reports its best ever Third Quarter profit and forecasts a full record year the results come as the ceo, kazuo hirai announces hes stepping down. Welcome. Lets look at these markets. The stoxx 600 is on the defensive, sliding by 0. 7 as you would expect, after the deutsche numbers, the banks are leading the losses here over in europe lets take you through Deutsche Bank very quickly. Posting a net loss of 2. 2 billion euros for the Fourth Quarter. Much worse than expected the yearend number was really the issue here almost a a500 million euro loss. The third consecutive loss for Deutsche Bank. Lets look at individual european markets, this is how they look. Broadly weaker as you would expect xetra dax is off by 1 cac off by almost 1 the ftse mib down by 160 points. The ftse 100 in terms of the overall picture is doing reasonably well. So the loss is
In the u. S. , which we had to reduce our tax asset, reducing completely our tax level in the u. S. , with Significant Growth of our net profit. Swiss re says it is considering a partnership with softbank after better than expected profits and returning more cash to shareholders. We feel comfortable that we have the ability to return funds to share hoholders. And a number of negative earnings limit cap gains in europe as James Bullard tells cnbc that rates should not go up too quickly. The idea that we have to go 100 basis points in 2018, that seems like a lot to me thats price for perfection. Everything would have to go just right. The economy would have to surprise on the upside a bunch of times in the year im not sure thats a good way to think about 2018. Good morning flat open so far across europe the stoxx 600 slightly into negative territory, but not by a massive, massive margin. Its down less than 0. 1 we look at the individual markets, you can see its a bit of a mixed picture t
The market moved. I am incredibly hopeful that well get the done by the end of the year Jpmorgan Ceo Jamie Dimon takes aim at president trumps policies, saying the u. S. Economy would be growing much faster if the administration got its act together. Ask any of new this audience what have regulations done theyre crippling businesses Small Business formation in this country, the United States of america, is less in a major recovery by 500,000 businesses embrace new opportunities. Thats the message from European Commission president Jeanclaude Juncker as he strikes a bullish tone in his state of the Union Address. The wind is back in the sails. We have now a window of opportunity, but it will not stay open forever. Welcome, everyone. Lets look at the energy complex. The oil market has coped well with the busy Hurricane Season thats the message from the International Energy agency. In its new report, the iea said crude prices were settling after recent severe weather. It added that Invest