Cramped. It looks smaller. Its just down the block from the matrix highrise. Bay 101 will eventually add an Embassy Suite making this a sort of san jose strip for hoppers. Its going to be hopefully a hub of industry and intern entertainment. They generate 18 million a year in taxes, about 2 3 of the city library budget. How comfortable are you funding the library with money from gamblers . Well, its a legal form of entertainment in the city of san jose. Much like alcoholic beverages are. We tax it and regulate it and make sure everything is being done honestly and openly. The old bay 101 was sort of a landmark but that building is now going to be demolished and there will be some sort of high tech campus built in its place. Microsoft has just snapped up a piece of prime real estate in san jose. The mercury news said the giant bought 85 acres near highway 237 where several Tech Companies already have a presence. Microsoft plans to build a new. A construction scare. More than a thousand
Posted its first eightquarter win streak in, yes, 20 years. The s p 500 recorded its sixth straight month of gains. Thats saying something, because historically between may and october tends to be the worst period for stocks. Lets get right to the numbers, shall we . Today the Dow Jones Industrial averag added 23, to 22,405. Nasdaq was up 42, its 50th record close this year. The s p 500 rose nine. For the quarter, all of the major indexes had solid gains, as you see right there, about 4 or better. What drove the gains . And what may happen in these final three months of the year . Bob pisani takes a l reporter u. S. Stocks hit record highs this quarter. Stock markets from japan and china had 52week highs. Hang seng and hong kong, twoyear highs. Bulls are betting that slow but persistent Global Growth coupled with tax cuts in the u. S. Could keep the markets at record highs in the fourth quarter. The Global Economy is continuing to expand. Growth sectors like banks, energy, materials, i
Senate republicans have unveiled a budget revolution for the coming year which they intend to use to push through as much as 1. 5 trillion worth of tax cuts in the coming months. It will not allow a full repeal of Affordable Care act but leaves the window open to consider repeal of the individual mandate. The u. S. Ambassador to israel described settlements on the west bank as part of israel according to the washington post. He declared only 2 of the west bank is occupied. The u. S. Says his comments do not reflect policy shift. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. I am Alisa Parenti and this is bloomberg. Emily i am emily chang and this is bloomberg technology. Coming up, the growing social media lines to fight fake news. The latest on the investigation into russian interference in americas electoral process a day after twitter visited in the capital. Hoteltonight opens its booking window to a wider audience and rai
Good evening, everyone. I am the academic dean of the Harvard Kennedy school. Tonight, we are joined by a professor and a very special guest to explore the critical question of how to improve our Education System. Should we address the challenges of our Education System by shifting resources from School Districts to parents by giving them tax dollars to choose whether to send their children and to Public Schools, Charter Schools, or private schools . This is the latest chapter of the debate that has been going on for some time. Milton friedman developed the idea of choice in his 1955 essay, the role of government in education. Policy, including our special s here tonight, developed these programs in the 1980s and 1990s. Why did 1900 people signed the Facebook Page to protest tonight . The controversy surrounding this forum reflects a large and profound division in american politics and society today. This country is more divided now than it has been in many decades. Many people on all
Called before 8 00 p. M. Police say the shots came from a block away at the hands of the man on 24th and diamond street. Six years old, he was with his father and brother, he got shot, felt the pain and ran into his house, family members tended to him. The only description right now that we have of our shooter is male wearing a gray hooded sweatshirt or darkcolored clothing. Reporter police are also combing through several Surveillance Systems located oh and on the block to see if they can get a better look at this guy. Reporting live from police headquarters, alexandria hoff cbs3 Eyewitness News. Thank you. Now to the latest on the crisis in puerto rico following Hurricane Maria. A navy ship is on its way to puerto rico, the comfort is carrying 522 medical personnel and loaded with medical supplies. There are signs of progress. Phone service is back for about 30 of the island and nearly half of all supermarkets reopened. However, there are still long lines for basic in the intersectio