The storm that caused problems moved on into the desert. It is nice across the entire state. As we look at our local radar. We dont have any rain. We have clouds passing through. Temperatures in the 50s, 60s. As we look at the evening forecast. The sway isnt swaying in the wind. High clouds at 7 00 p. M. A crisp evening ahead. And if you are stepping out tonight you have out door plans. Jackets are needed by 9 00 p. M. Low to upper 40s turning chilly by 10 00 p. M. We have 30s 40s in the forecast. Even colder heading towards tomorrow morning and i am tracking a storm that will impact part of your weekend. Thank you. Six people escaped a fire in a warehouse in oakland. Investigators want to know why they were inside the building that had been red tagged. It was deemed unsafe. We have the story. This morning the view from drone view 7 showing the damage from the fast moving over night fire. In oakland friday. This video given to us by a neighbor shows the flames out of the building. I se
Billions of items shipped, tens of millions of amazon devices sold, so the echo. , for example the echo dot, for example. And busters Holiday Season for amazon. Chad morganlander, Washington Crossing advisors portfolio manager, joins us. How would you characterize 2019 for u. S. Equities . Chad for u. S. Equities, we think it was just a gangbusters year. The reason behind it, though, was not vibrant economic or Global Growth, but rather it was Interest Rates across the curve across the globe that went down, and accommodation from monetary the u. S. And the ecb. Yes, someone like 90 Interest Rate moves. Does that mean we are looking at not as many next year . Chad there has to be a transition period. Capital spending starts to kick higher in the United States and across the globe. Without that, we dont anticipate the expectations for for 2020arnings of 10 and Revenue Growth of 5 to 6 to come to fruition. We think that will have to be. Brought down. Overall, in the short run, we think ma
Resignedresident has offered to resign, weeks after protests have shown no signs to let up. He is being torn in opposite directions by political factions. Lawmakers want him to name a Prime Minister from their ranks, while demonstrators are rejecting any establishment candidate. Iraq needsnt says someone who can unify rather than divide the nation. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Shery live from bloomberg World Headquarters in new york, im shery ahn. Welcome to bloomberg markets. Here are the top stories that we are following from around the world. U. S. Stocks ticking higher on a thin holiday trading day. Amazon leads the s p 500 thanks to record sales. 18 billion in bids. Termhe feds repo operation was under subscribed. New messages from inside boeing show concerns raised during the development of the 737 max. Lets get you started with a qui
Selling the rest of his shares. What is next for him and the company . Regulation, legal and legislative hurdles continue, especially for overseas apps. We will hear from senator Marsha Blackburn on how much more needs to be done. First, our top story, and a lot of Market Action on thursday, specifically in the tech sector. The nasdaq closed above 9000. It has returned more than 35 the tech sector has now returned more than 35 this year and is on track for its best year since 2013. One of the best performers has been apple. On a point basis, apple is one of the best performers in the s p 500. It has outperformed on a percentage basis. Another high, another day, another record at tesla, 430 a closing out at 430 a share. Tesla and elon musk have defied the shorts in the last few months and we will have more on teslas record coming up. First, i want to look at the 2019 story of uber. The Ridesharing Company went public in the spring, but has faced a barrage of legal hurdles. Some battles
Her. Postchristmas rush. The deals arent done. The best bargains th you running to the stores this morning. Surprise. The epic secret santa moment that has this military mom jumping out of her seat. My love my love and good morning, america. Happy friday, guys. The last friday of the year. Ah. We have to make it count. I cant wait to show you guys the rest of that secret santa surprise. So cute. Thats all coming up. We have to start with some nasty stuff, the weather. Its severe at this point, in particular out west. It has put a delay on a lot of peoples postchristmas and trying to get home plans, and also their prenew years travel plans as well. Well begin with marcus moore. Hes at Los Angeles International airport. How we looking out there, marcus . Reporter hey, t. J. It is the start of a busy day here at l. A. X. We have seen waves of travelers coming in, lining up, some of them at 2 00 this morning to catch flights home. This morning, with millions of drivers heading home on the