And triggered explosions. Rescuers desperately searching for survivors in the rubble. We are live in mexico city and san juan. Where mother natures fury is taking a devastating toll, today, wednesday, september 20th. 2017. Announcer from nbc news, this is today with matt lauer and Savannah Guthrie live from studio 1a in rockefeller plaza. And good morning, everyone, welcome to today on this wednesday morning, 7 00 out on the west coast. We want to get to the mornings breaking news, two natural disasters unfolding as we speak. It started in puerto rico, marias eyewall roars against that island in mexico, crews are digging through debris. Processing. Looking for people potentially trapped by that devastating earthquake that struck yesterday. We will get the latest from mexico in a moment. Lets start with maria. Its a category 4 with wind of at least 145 Miles Per Hour t. Strongest hurricane to hit puerto rico in nearly a sen i. Ahead of that storms arrival, forecasters warn of catastroph
Im Brian Sullivan and power lunch begins right now. Welcome to power lunch. Im melissa lee. Stocks are Holding Steady right now, struggling to hold on to gains. The ruffle 2,000 hit another record intraday high s p, reversing yesterdays big losses financials are lagging today check out some of the movers were watching disney is lower. The Company Testing a revamp of its retail store format for the first since 2010 as well as launching a new shopping website today. And red hat shares are rallying. The company raising earnings estimates and its outlook. Darden taking a hit, expecting the hit from Hurricane Irma to be about double that of Hurricane Harvey brian . Mel, thank you very much. We begin today with fed chair janet yellen speaking in front of economists in cleveland, ohio we will go to that event live once she begins taking questions. Steve liesman, though, is here with highlights from Janet Yellens speech. An important speech fed chair janet yellen going further than she has in
Nasdaq up 0. 11 . Theres something important we need to know right here and right now. We have to think about, do activist investors help create wealth or do they destroy it are they a force for good for you or force for bad these are the questions we need to grapple with given that just this morning Procter Gamble narrowly defeated an attempt by nelson peltz to get a board seat putting an end to a bitter proxy fight that weve all been involved with and talked about here now, look. This is very much case by case thing. There are some scorch earth activists who specialize in creating ill will. Nothing else i think those days are largely behind us. At least when it comes to smart activists who know what theyre doing. Let me lay out some individual examples to show you what i mean about this Important Group of investors and what they mean for your pocketbook. Lets start with Procter Gamble, the gigantic Consumer Products company make no mistake, this is a Great American enterprise. Procte
Do you need heroin more than your children . Yeah, ido. That full extended report shortly. And a senior official at kensington and Chelsea Borough Council has admitted the system for getting survivors of the Grenfell Tower fire into new homes has probably not been successful. Well get reaction. Hello and welcome to the programme, were live until iiam. Throughout the programme the latest breaking news and developing stories and as always keen to hear from you. A little later in the programme well be speaking to drew povey who you may know as the inspirational head in the current series of channel 4s educating Greater Manchester. Hell tell us how hes turned round a failing school. If you want to talk to him, do get in touch, use the hashtag victoria live and if you text, you will be charged at the Standard Network rate. Our top story today. The former us president barack obama and his wife michelle have said they are disgusted by the allegations against the hollywood Film Producer and hi
Most cios are appointees and maybe only stay two years. Very rarely they stay four years. I think one of the major problems is we dont have continuity of Technology Management because that position has been made an appointee, not not a permanent position, and this week, all the cios are going to be meeting at National Association of governors and cios and the governor across the way is being really strong in terms of bringing the states together and the state cios so could you comment on that . Sure, i completely disagree with your premise that im being tough on cios, because guess what . Im trying to get them more tools. Im the one trying to, i dont just bring them in front of my subcommittee. I bring the cto and the Deputy Agency headle is because they should be getting all the responsibility and authority. You didnt hold somebody accountable if they dont have the authorities to do their job, and so for me, everything we have been doing is to strengthen their authorities in order to