Can afford our food. This is a really exciting day for Affordable Housing. Reporter heres how apple will divide the 2. 5 billion. 1 billion going into an Affordable Housing Investment Fund in california. A billion for Housing Assistance for first time buyers. 300 million will be apple owned property for construction of housing. 150 million will help Housing Trust Silicon Valley. And 50 million will support the homeless. The homeless problem is a big deal around here. We have programs in place. Reporter he plays apple money will go to work. Were Funding Service providers to offer Homelessness Prevention services but were not doing it to scale. We have almost 10,000 people on the streets in santa clara county. This impacts so many of us. Scott joins us now near an development being built for low and middle income. Apple and google, facebook also getting involved in this. Is this a proactive move to avoid government regulation or pressure here. Reporter i think a Proactive Movement and i
Future now becky quick. Criminals are hacking their way in andrea day has more. Its brazen its in broad daylight in front of hundreds of people. Take a close look at this atm attack caught on camera. The images obtained by the secret service and according to the agency the guys you see in uniforms are criminals grabbing loads of cash. What left this seasoned investigator stunned how normal it is and how common it was. We know for a fact that atm crime and fraud does cost the Banking Industry and Service Industry millions of dollars a year no one really wants to talk about that theyd rather not have them think their atms arent safe recent attacks cost banks more than 3. 5 million in a few months but theyre the beginning of a new wave heating up overseas. Its just a matter of time. He says the secret service has been investigating Training Camps located outside of the United States with kingpins organizing new recruits. Are you saying theyre bringing them in and training them and then le
Shares in Germanys Thyssenkrupp surge after theyre set to buy them. They go wild for hasboros purchase of pep pa pig at a huge premium. And g7 leaders prepare to meet in france with the summit unlikely to end with a formal communique for the first time in its 44 year history fed chair Jerome Powell is set to address the group at jackson hole later on today. The fomc minutes released this week showed members remained divided over a decision to lower rates by a quarter percentage point but policy makers agreed that the move should not be seen as a signal that rates are on a preset course. Now this morning in europe were seeing stocks move higher as investors await this key speech from the Federal Reserve chairman at jackson hole we have the ftse 100 up 0. 6 the dax up a third of a percentage point and the cac and the italian index also moving higher and in italy were all watching Political Developments there. The president has given the Political Parties until tuesday to try to get toget
Above its all time high after last weeks major sell off. Falls to the bottom as th Worlds Largest miner delivers a strong full year profit and dividends but warns the u. S. China trade war is a major threat to growth and facebook and twitter call out china. The social media firm take action to block accounts they claim are being used in a beijing backed Propaganda Campaign against hong kong protestors well, our top story today, italian Prime Minister is to address the senate later in a speech that could spell the end of his government. The far right party is looking to table a no confidence motion in an attempt to bring an end to its coalition in the movement and force a snap election. Meanwhile, the leader says a 50 billion euro budget is necessary next year to bring about a quote, shock fiscal stimulus so that seems to be the operative word over the last couple of sessions modest in italy and germany and in the context of the u. S. Overnight as well. But lets focus on whats happening
And coming up look at the sport with gavin. We are awaiting an update on the condition of chris froome the time time Tour De France champion badly injured after a crash in france, more on the story and what it means for him and his team later on. Thanks gavin. Good weather for that duck . Yes, another day with heavy rain in june. Further localised flooding today with whether staying on the rubbish side as we head into the weekend. Well also look further afield in india for we are watching carefully for the arrival of a cyclone about to hit the north west of the country. Also coming up, the critically endangered bermuda snails released into the wild with the help of the british zoo. Boris johnson has emerged as the clear frontrunner in the conservative leadership election to determine the next Prime Minister, with more than a third of the votes cast by tory mps in the first ballot of the contest. The field of ten conservative mps has been narrowed to seven with the former cabinet minist