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Transcripts For CNBC Closing Bell 20171220

Is outside the white house, elon is there in washington standing by with the latest on the tax bill itself. Lets start with you, what do we know about this event coming up . Reporter theyre not actually going to do a bill signing. The sbil not ready to be signed just yet, but this is very much a Party Atmosphere here on the south lawn of the white house. We have the marine band going through a list of Christmas Carols a few moments ago theyre serving hot drinking over here. Some of the vips and dignitaries have gathered in the audience. You can see behind me, republican members of congress lined up on the steps just above the south port co. Here on the south lawn of the white house. This is a unified Republican Party right now. Theyve been through a lot of tough infighting particularly over obamacare, this is a big win. This is a moment in which youve seen the president of the United States already today handing out praise to republican leaders, some of whom hes been attacking earlier

Transcripts For KNTV Today In The Bay 20171221

Fruitva fruitvale. If you have plans to hop on to southbound go around. They dont have an estimated time of when these lanes are expected to open and unfortunately when they are dealing with a deadly crash thats possibly going to take quite a while. You definitely want to try to avoid the area. Were already seeing heavy delays all the way back through fruitvale, so make sure to get off before you hit fruitvale avenue, take the surface streets and hop back on after coliseum. We can expect to see a couple delays not just on southbound 880 but also along the surface streets as well. We have another deadly crash and this one is in palo alto involving another big rig. This one has three actually, rather, one lane open of four. So three lanes of four are closed right now and a sig alert has been issued. Our traffic maps are showing delays out of that area as well. That 880 crash, the heavy delays, northbound and southbound side already showing major delays, northbound 101 this is for palo al

Transcripts For CNBC Worldwide Exchange 20171221

This is the song. If theyre going to pick a song, im glad its mariah ca y carey. My wife would agree welcome in to Worldwide Exchange. Good morning, everyone. Its throwback thursday, were taking you back with some holiday classics, like Mariah Careys all i want for christmas is you. A quick check on futures we are seeing at least a bit of market stability for now if you look at futures picture, the s p indicated to open up by two points dow jones up by 2. 5, the nasdaq off by 5 or 6. Weve seen a run up over the last couple of days on the hopes of tax legislation passing through Congress Everything going on there. A big deal for the markets for this morning, a bit of a pause after that bullish action. Well see what happens. On that note, lets look at our top story. Tax reform and Congress Giving final approval for a 1 1. 5 trillion tax cut tracie potts is live in washington with the latest good morning reporter good morning, everyone it looks like that may be shortlived, the victory lap

Transcripts For KNTV Today In The Bay 20171221

Another big accident. Today in the bays bob redell is live there with whats going on. Bob, certainly a scary scene out there for a lot of those drivers. Reporter good morning to you, marcus and laura. The big rig itself was removed by some wrecking crews a wrecker crew within the past three to four minutes behind me. You can see the head lights, those are heading northbound on 101 in palo alto just before the University Avenue accident. The accident with the big rig took police in front of us here where that k rail is and we see those caltrans vehicles are. I did speak with chp within the past 15 minutes and they expect this to be reopened within the hour. Right now three of the four lanes in the northbound direction are shut down. Its just the number one lane thats open. The reason why its taking so long is that when this big rig crashed it spilled some fuel on the road and also knocked one of the k rails this is a Construction Zone, it pushed one of the k rails into the lanes of traf

Transcripts For KNTV Today In The Bay 20171221

Are completely blocked off. Look at that backup right now. We are seeing backup all the way past high street, even to fruitvale avenue. Now you can see they are diverting the majority of that traffic off on 66, but this is a surface street right before that so you need to just avoid southbound 880 entirely. If your commute is from the east bay dont even bother jumping on, try to take surface if you can all the way to your morning commute. Start calling your boss because they had estimated this to reopen at around 7 00 a. M. According to chp but judging by these delays even if they do reopen some of those lanes you can still expect to see some of that backup and traffic delay. I also want to show you right now fairly quickly using our traffic maps because our traffic maps are picking up a lot of that slowing in the east pay right now. You can see the heavy delays. So lets help you get around it. Ive got the traffic map right here, you can see all lanes are closed and i want to show you

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