Of what the city wants to see. Other activities include block parties, movie nights, pop up shops and dance or exercise events. We have the Oakland Museum celebrating tilly summerfield hosted a dance battle in february for black History Month through a similar type of program, i was able to pay all the dancers. I was able to give away merch from the black panthers. I was able to, like, really give back in a tangible way. And so through these opportunities, we are able to activate the space in a way thats it. That gives the power back to the people. The city says, activate oakland also has an equity component to make sure events are held across the city. Weve been really intentional of making sure that these dollars are going to communities that have not received them before because all of our all parts of oakland are beautiful and we need to make sure we amplify that. The application process is now open. The deadline to apply is october 12th. The event must take place between the end o
The trading session. Abigail doolittle is here. It looks like theyre trying for a lastminute santa claus rally. Absolutely. We dont have alltime highs. Record closing highs. Lets see if the dow can hang on. Just talking about the tax reform bill. Read tacit for mania. Reaching its target for the s p 500 to 3000. A lot of anticipation about what tax reform might do for stocks and the economy. We have some movers based on tax reform and the tax reform bill. At delta, we have gains saying they expect all u. S. Airlines to benefit from aspects of tax reform. Delta is one of Deutsche Banks top Airline Picks for 2018. And wells fargo trading higher as they are saying they will use lower Corporate Tax rates and a bit of a hike for wages. We have seen a big selloff for bonds. It is a longerterm chart over the 10 year chip yield. Just recently on tax reform as yields have shot hire and bonds have sold off, the 10 year yield is climbing out of this range highs of therd the election, suggesting w
Were riding with their mother was hit by a man allegedly fleeing police. Today that man was in court to face charges in this case. Henry lee live at the courthouse in martinez. Henry, the girls heartbroken father was there for todays proceedings . Reporter yeah. Ken and heather, that father walked silently as the defendant pleaded not guilty to charges he killed both of those two little girls. Now, that father, jesus cardoza, and his family had nothing to say as they left a martinez courthouse. Cardoza wore a tshirt with pictures of the daughters. The defendant seen in an earlier Court Appearance pleaded not guilty to two counts of murder as well as auto theft and evading arrest. His Attorney Says saucedo will be cleared of the charges. Its a horrible tragedy. He is tore up about it. He has been on suicide watch. I think at the end of the day, though, mr. Saucedo will be exonerated of all of these charges. Authorities say he was trying to get way from a Contra Costa County sheriffs dep
Reports of a chinese stateowned Company Looking to buy the semiconductor giant. The deal may have a tough time getting through regulators. Could another suitor be waiting in the wings . Well find out. Wells fargo turning in a solid quarter posting a decline in Mortgage Applications this morning. John shrewsberry will join us to discuss whether he sees a slowdown in housing. We are seeing a rally in the price of oil. We are going to ask about that. What is going on with oil . I think some of this deal was priced in. We had several days of imminent announcements of a deal. When the deal came, i think everyone expected it. Also the return of barrels looks like a 2016 event. Its not a Million Barrels hitting the market tomorrow. Thats why we havent seen a bigger reaction to the iran deal today. So when do you expect to it happen and what will the price of oil do when that does occur . Its a timeline. We have basically 90 days where there is going to be debate in congress for 60 days, but a
Aforementioned yahoo . They were just talking about it. Well get you ahead of all of the trades. Mandy has gone down to the heart of the action at the New York Stock Exchange. Hi mandy. Its a down day, as you said but being driven by a few stocks as you mentioned. Ibm and United Technologies for more than 100 points of the dows drop. Bob pisani joins us here on the floor of the stock exchange. We did not color coordinate ourselves. But it looks good. A happy coincidence. The important thing is if you look at ibm and United Technologies, put them up for me, they are about 120 points to the drop in the dow that were seeing today so very very unusual action, and thats why the dow is much weaker, for example, than the s p 500. We are having a problem, again. So in the First Quarter, put up whats going on with United Technology and ill show you this. In the First Quarter the big problem for Multinational Companies was number one. Week Global Growth particularly china and secondly the strong