Sweep south over the area late friday night and Early Saturday Morning which then increases nne winds along the ridges and peaks saturday. A dry pattern may turn to a wet weather pattern next week. No major hot spots. Bay bridge wb 80 is less then 30 min from the maze to sf. San mateo bridge less then 30 min from 880 to 101. Golden gat bridge drive time less than 30 min from 37 to the toll plaza. Richmond bridge drive less than 20 min from the toll to 101 darya new this morning. The Oakland Unified School district has approved 9 Million Dollar budget cuts. james this after parents and teachers voiced their anger at a Heated School Board meeting last night. Kron 4s will tran joins us live from oakland. Will. The School District says the 9Million Dollar cut is down from the the 15 Million Dollars they were originally proposing. The district says they had no choice but to make the cuts or the state would have intervened. And that could have meant School Closures. There is no word on where
John fortt is live in las vegas at this years Consumer Electronics show so much news coming from ces today, bringing us to faang stocks joining us this morning to talk about it, btigs managing director, andy hargreaves, Senior Research analyst. Good morning to you both on ces, so many of these names are presenting this week, are having workshops for developers, and unveiling ostensibly technologies that are going to drive earnings higher. How much of a catalyst is ces this week . Theres always something that becomes the theme of the show, but it doesnt always necessarily translate into a lot of revenue and Earnings Growth we talked about Artificial Intelligence and the goggles that people were wearing a couple of years ago for virtual reality, excuse me, and didnt really materialize in anything that significant for these companies. So its fun to see new products and hear a lot of the teams update investors to start the year off, but i wouldnt get too overboard on it impacting 2018 or g
What a deal could mean for the other chip stocks. Power lunch starts right now im Brian Sullivan the markets moving just enough today to give your investment dollars yet another new high, thanks to the saudi news oil is moving up again data is pushing Energy Stocks higher chevron and exxon among the dow leaders. We talked about Semiconductor Companies as well. It is fair to say that lately, it rocks sox at new alltime highs. Michael kors soaring, the fashion retailer beating earnings estimates and raising its outlook. More on that ahead and reports the Pharmaceutical Company may becoming a takeover target thank you very much im tyler mathieson. Welcome to power lunch. Target gearing up for the holiday season, announcing deeper black friday discounts and plans to open 6 00 p. M. To midnight on thanksgiving day i will be asleep staying with retail, amazon cutting prices of Third Party Products in the face of stiffer competition. And the new york fed present William Dudley plans to retire
U uncertainty of a number of saudi princes and ministers were arrested over the weekend on corruption charges and of course as you probably have heard by now, that includes prince al waleed bin talal well look at what this means for u. S. Companies looking to do business in saudi arabia we havent even gotten to the Qualcomm Broadcom story but theres other things to get to now. We have the breaking news now that disney has held talks to buy most of 21st century fox. David faber back again anything new on this is. We can advance the story a little bit and refresh it for people, guys 21st century fox, as bill just said, has been holding talks to sell most of the company to walt disney leaving behind a Media Company that would be tightly focused on news and sports according to people familiar with the situation these talks have taken place over the last few weeks and given their complexity, it continues to be seen as a tough deal to get done by those whove been working on it the two sides
Ftse in london turning negative. Cheryl stocks headed 26 here i 26 year high. The nikkei at 1. 7 as the shanghai composite of three quarters of a percent. Lauren samsung taking direct aim, but is it really worth waiting in line for hours . Fbn am starts right now. Cheryl no rain today. 5 01 a. M. In new york. Tuesday, november 7th. Im cheryl casone. Lauren lauren simonetti. Dont wait for anything. Cheryl online ordering. A lot of breaking news. All eyes on north korea as President Trump arrives on the continent. Hes in south korea right now. During a joint statement, urging kim jong thank you, mr. Chairman. To come to the bargaining table. I think we are make in progress, showing great strength. We have unparalleled strength. There has never been strength like it. I really believe it makes sense for north korea to come to the table and to make a deal good for the people of north korea and the people of the world. I do see certain movement, yes. Let me what happens. If we get china, rus