From our shop is going to be great. Reporter the south bay b. A. R. T. Extension is on budget, and ahead of schedule, on track to begin transporting passengers next summer. Everyones really excited to start to see that the final product is actually within reach right now. Reporter the valley religious authority, which is in charge of construction of the new rail line, and the new b. A. R. T. Stations say they want people to know they should expect to see and hear b. A. R. T. Trains for the next several months. Lots of confusion about the big delta tunnels project. Today, the Trump Administration said it will not help pay for those tunnels. The plan is for two 35mile long tunnels to divert part of the sacramento river. After the feds said they wouldnt pay for that, they said they are open to other options. Phil matear live with what it all means. Reporter thats right. What those other options may be, remains to be seen. For the fishermen here, if it means no tunnels, theyre already read
The end of the session p we have been lower, we have been higher. We are up for the first day today, the currencies are rising against the dollar. Sterling earlier today down by. 7 percent or quite a rebound. A poll in the last few minutes, 43 labor, 33 percent, a gap of 10 , an increase of 1 from the conservative party versus previous p are we have that projection that it would not even when the majority. So much happening eight days ahead of the election. A week on thursday, which leads reversal data. You can see the hedge against the weaker pound versus the dollar increasing to the highest since january. Look at where we were around the brexit referendum. That is when traders were about as negative as they had ever been. That was a fact here that was record never negativity against the pound p are we are nowhere near those levels but still, volatility is increasing and sterling is certainly shocking. A nice chart. We will talk about it in a minute. A simple chart showing the spread
1. 4 hang seng was up, and the kospi up in europe, things are relatively flat. Dax is down. And the cac is weaker. Crude oil prices on a tear this morning it is up again with wti trading. Can i say hello to everybody. We havent been all together awhile, kind of nice comfortable pair of loafers im wearing sneakers today. Theyre more comfortable than loafers. I dont feel like you have to do much to look better i can come in. Sneakers and no socks this is like sweatpants, when seinfeld wears sweatpants, youve given up. Let get you to the morning headlines. Heres whats going on in Corporate News peltz fighting for a board seat at prak tore and gamble. Theyll launch a proxy battle. Hear about it within moments my expectation is hear about it coming across the sec with a filing in a moment the move would make p and g the largest to face a proxy contest. Last week they rejected the request to name mr. Pelts a board member he is one of the biggest shareholders, second biggest roughly holding 3
News in napa county. Fire officials have issued mandatory evacuation stemming from this large wildfire. We are getting live pictures of the canyon fire, it his grown to 100 acres and its only 10 contained. Structures in this area are threatened. You can see that in these pictures. There are road closures in the area of highway 128 and berryessa road. One grew from 30 acres to 100 acres, no word on any injuries or a cause. We will follow this story and provide you with updates. Back to our top story, San Jose Police announce they track down a homicide suspect accused of killing a Liquor Store Owner yesterday. Jesse gary was at a News Conference and police provided more details. Reporter chief garcia just told us last nights arrest was a collaborative effort between robbery and homicide detectives and the county sheriffs office. Lets look at our video, the suspect is Muniunmee Hendrix under arrest and inside jail with no bail. He has a violent history including possession of a firearm, s
Good morning. Welcome to Worldwide Exchange. Im sara eisen. Im wilfred frost. Good morning to you from me as well. Lets check the Global Markets after another solid day on wall street took the dow up not quite to 20,000. So close. Above 19,900 for the first time. Futures not doing a whole lot. The nasdaq yesterday stood out. Technology finally caught up after weeks of underperformance with the nasdaq surging a percent. Dow futures down 8. S p futures up 1. Nasdaq futures up 3. A lot going on today, including the fed decision. News conference from janet yellen, dot plot from the fed, economic forecasts as well. The tenyear treasury note yield is sitting at 2. 44. Were sort of within the range, towards the higher end of the range of where we have been. Bonds look like a sell. The stock market continues to be a buy. The dow 100 away from 20,000. It is slightly down at the open. The bank of japans tanken survey showing an uptick in japans biggest manufacturers, in line with expectations. N