President donald trump announced a plan to ban the app in the United States President Trump spoke about the controversial situation monday afternoon. And so he cant be controlled for security reasons but in china too big too. Invasive and it can be and heres the deal i dont mind if theres microsoft or somebody has a big Company Secure company very very American Company buy it they set a date of around september 15th at which point its going to be out of business in the United States but of somebody whether its microsoft or somebody else buys it that will be interesting i did say that if you buy it whatever the price is that goes to whoever owns it because i guess its china essentially but more than anything else i said a very substantial portion of the price is going to have to come into the treasury of the United States because were making it possible for this deal to happen right now they dont have the rights unless we give it to them and the Chinese Foreign ministry for their part r
This is the one business show you cant afford to miss im proud to borean washington coming up President Trump has extended the deadline for the tick tock ban in order to allow microsoft to acquire the aftermaths Chinese Parent Company while the u. S. Tech giant be able to seal the deal and how will this affect tensions between the worlds 2 largest economies plus the nasdaq has popped once again on news that apple has now claimed the title of the worlds most valuable publicly traded company will break down what lies in store for the tech giant impact show today so lets dive right in. And we lead the program with one of the biggest tech stories of the year and it appears to be playing out minute by minute microsoft confirmed monday that it is in talks to buy tick tock from Chinese Parent Company bite day its now this of course after u. S. President donald trump announced a plan to ban the app in the United States President Trump spoke about the controversial situation monday afternoon. H
Only up a point. The 10year yield at 51 basis points. Jersey talking about a range of 40 and 80 for the next two months. Now that we have broken through 54, he says that was an important level. Ralph lauren, one of the stories of the day. That stock down 6. 25 . Argentina has reached an agreement in principle with a key group of creditors to restructure 65 billion worth of debt, after a third default this century, the ninth overall. Robert koenigsberger, cio of gramercy funds, who had a seat at the table, joins us now. Headlines crossing about half an hour ago saying there was an agreement in principle. Few to us about the last hours, couple of days, how it all materialized. Robert good afternoon and thank you for having me. April, itoke last in seemed like an agreement would be too difficult, that the two sides were too far apart and with hardened positions. Over the past couple of months, obviously, past couple of days, those positions became less hardened, and logic prevailed. Winwi
By the weekend. We could have someone hundreds inland then. Maybe tropical clouds coming in. Today we start off with low clouds and livermore has even reported clouds pick thats a good push on the fog. Warming begins today. Breezy but not as witty as yesterday. More sunshine and temperatures will bump up after yesterdays call them. 50s and 60s this morning. Still an onshore breeze for most but not nearly as windy as it states that we had best of 35 miles per hour. Fog in morning and son in the afternoon. Temperatures are bumping up. I want to show you that the bay bridge is crowded as you might expect for this time of the morning. It is backed up for a 1015 minute delay. It may start clearing up. I can see signs that some of the reps are clearing so that could be good news. No problems on the san mateo bridge as you drive this morning through the area. If youre driving in the silken valley, northbound 280 traffic looks good as you drive up to highway 17. No problems on 101 or 85 either
There is a rapid change tomorrow. There is one more warm day. There is patchy fog. It is warm to hot if you are in the 90s. We are over by the coast. It is 50s or 60s by santa rosa. The city of san jose cant change too much. I dont think that is changing anytime soon. The northwest breeze, that is near novato. It has been up to 30 or 35. Look at the change, concord is 7 degrees warmer. Fairfield, travis, livermore, it was no doubt about it. There will be a big change. Today, a little bit above average, san jose is running just behind a little bit. Lets go over to sal. Do you want to talk about that or Something Else . We want to start with the bay bridge. There is a large backup at the toll plaza. It has been that way since 6 00. We have about a 20 minute delay. We are looking at the rest of the east bay commute. 880 is not too bad. We will take a deeper dive into the rest of the commute in just a few minutes. Lets get back to the headlines. We are following a breaking story. Police we