All labors blocked by two accidents. Serious injuries. All lanes shut down. In the meantime use 4 over to 680 to get to the benicia bridge. Were following breaking news out of oakland. Firefighters are on the scene of a deadly twoalarm fire. Oakland tweeting out these photos a short time ago showing the massive flames coming from the building. This is from oakland fire. There is the 700 block of 66th avenue in a twostory warehouse. One person is confirmed dead. Well have updates. This morning another homicide in san jose. The third one just this week. Police say that a man was stabbed to death on mill stream drive around 9 p. M. Last night at the mill pond 2 mobile home park. No arrests so of. In the east bay a van crashed into a Lowes Garden Center in antioch near pittsburg last night. The driver was shot in the head and rushed to the hospital. This happened about a mile from the shooting on highway 4 on tuesday. In that case the driver was killed. Not clear yet if the two shootings a
Instead of tunneling through the tehachapi and San Gabriel Mountains which would be very expensive. Going to san jose first reduced the coulds from 68 to 64 billion. It was largely a political move since getting the train up and running would help attract more funding. At the meeting today, expect critics to grill the board about where they will find the billions of dollars needed to finish the project. This project is going to fail. And when it fails, everybody in california is going to be turned off to the idea of high speed rail. Oh, no, we tried that. Thats a disaster. Reporter despite complaints the l. A. Times is reporting the Business Plan will pass today with a few tweaks but it will be interesting to see if the board has any more ideas on how to pay for it. The meeting begins at 9 a. M. At the county building in san jose. Were live, kiet do, kpix 5. I think a lot of people in the south bay want to know whats the latest estimate on when the fresnotosan jose line would be comple
Hailed as heroes, the men were celebrated last month with a parade in sacramento. Skarlatos tweeted this today. Im glad. Reporter police are looking for two asian men who fled in a darkcolored car. A stunner on capitol hill today when republican california congressman Kevin Mccarthy abruptly dropped out of the race to be the next speaker of the house. He ran into opposition from a small block of conservatives. If were going to unight and be strong, we need a new face to help do that. Nothing more than that. I feel good about the te and be strong, we need a new face to help do that. Nothing more than that. I feel good about the decision. Reporter he also said his remarks on the benghazi investigation hurt. I could listen to that sound all day long. That is the blue angels. They are back practicing today for this weeks fleet week performances, an annual tradition here. Theyre able to fly just 18 inches apart in some cases. Reporter you cant miss them. The blue angels, blue and gold, f18
Court term. Then janet yellen speaks at an imf conference. July 1 was the sixmonth marijuanay of legal use. Next, business owners, activists , policymakers talking about the futures of me Legal Cannabis industry. It was front of the first cannabis business summit. This is two hours. Our first speaker was scheduled from harborside. Unfortunately, steve sends his regrets but has fallen ill with the flu and was unable to make it to denver. We are excited to be able to business partner, take his spot. We are grateful to troy for taking it at the last minute. Weve had the pleasure of working together for about a decade now, first with the Marijuana Policy project and then he founded the art view wasp right before ncia formed in 2010. Troy a, more than anyone, understood early, early on that building a new kind of profitable american industry that is politically engaged and for howan example commerce can be transacted in this country with Legal Marijuana would change the world. Be putely no
Slowing in the Housing Market might have constrained the rise in household leverage, as mortgage debt growth would have been slower. But the job losses and higher Interest Payments associated with higher Interest Rates would have directly weakened households ability to repay previous debts, suggesting that a sizable tightening may have mitigated vulnerabilities in household Balance Sheets only modestly. Similar mixed results would have been likely with regard to the effects of tighter Monetary Policy on leverage and reliance on shortterm financing within the Financial Sector. In particular, the evidence that low Interest Rates contribute to increased leverage and reliance on shortterm funding points toward some ability of higher Interest Rates to lessen these vulnerabilities, but that evidence is typically consistent with a sizable range of quantitative effects or alternative views regarding the causal channels at work. 4furthermore, vulnerabilities from excessive leverage and reliance