Goes on. I understand it. Reporter both sides are going to stay here at the caltrans building in oakland and will be negotiating into the night and throughout the weekend. Well continue to stay here with any updates. Live in oakland, im ryan takeo, kpix 5. Thank you. The pressure to reach a deal increases with each hour. Political leaders are expressing strong opinions saying both sides should not leave the bargaining table without a deal. Theres an opportunity here to reach an agreement. Negotiations should not be prolonged. They should definitely come to a conclusion with an agreement that both sides can live with. One question everyone is asking where is Governor Brown . The governor has set this as a top priority. We have had two of our best mediators in there for the entire time. We dont think the whole people of the bay area should be kept on pins and needles forever. Its time for this to end. The governor has the power to order a 60day coolingoff r the labor secretary says that
Active in the labor negotiations. But should he . Not necessarily. I dont think the governor has ever been part of it. Whens of mayor of oakland he was part it because as mayor of San Francisco, he and i and a couple of other people worked together to convince the parties that they should not disruption the transportation for people in the bay area and they did not. Reporter if workers walk off the job on monday bart has a lastditch card to play. Bart can impose a contract but there are several steps before that can happen. First, bart has to offer the unions its last best and final offer. The membership votes and if they turn it down, the bart board will have to meet before imposing a contract. The governor could also order a coolingoff period. The governor will consider all his options. Reporter well, the city of San Francisco has a no strike clause for transit workers. Senator day son yai who is head of the Transportation Committee is looking into state law that will prevent future
Eric anderson on his companys efforts and big money backers. Eric schmidt and richard branson. If you are looking to buy it has lockhart in new jersey you need to do it by april 1st, tesla announced it will leave the state by the end of the month after it lost a battle to keep its direct sales model live in the garden state. New jersey is the third sta ban tesla from selling cars to consumers directly and not through a franchise dealer should. Our next guest led the charge in his own state, jim apples and is from the automotive retailer federation. He joins us. Why would you say this is a win for consumers. Sounds to me like it is not a win for consumers. Let me start by saying i admire the tesla product, it is innovative but the tesla operation is what most analysts think is an unwise, and the new jersey unlawful distribution method. Adam no one disagrees the law is specific in new jersey but why is that good in new jersey . , not like cellphones and tesla is trying to make a direct f
Chips are now back to levels we have not seen since the financial crisis in 2007, when the dow hit an alltime high of 14,164. Amazon amazes despite a drop in profits. Last night the e tailer reported strong holiday sales of its kindle ereaders and a boost in operating incomes. The Federal Reserve makes an announcement on rates today around 2 15 eastern, wrapping up a twoday meeting. And the senate has confirmed john kerry as the next secretary of state. Joe cusick of optionsxpress join us now. Joe, there is a lot to talk about this morning, including the dow closing in on 14,000. What is your take . You know what, its a level that everyone is watching right now. We are about 40 or 50 points away. It is a psychological level as well as a momentum level. The bulls are in control right now, and, hey, the dow has exxon in it, and that is the Largest Company in the world. Consumer confidence, though, took a hit. People are saying it is because of the lower amount of the paychecks because of
Paralyzed College Football player as his number is officially retired and he shares his dream and determination to one day walk again. Today, sunday, september 15th, 2013. Announcer from nbc news, this is today, with lester holt, and erica hill, live, from rockefeller plaza. And welcome to today on this sunday morning. Im erica hill. Im lester hill, alongside Thomas Roberts. We continue to see new images from the damage of those floods. Rescuers telling people who were planning to try to tough it out, they could either come out now. Officials say theyre at a point where theyre not going to make any special trips. Hundreds of people still havent been heard from, and the Boulder County sheriff said hes assuming there will be further loss of life. Secretary of state john kerry is in israel. This morning were learning more of the fine details of the agreement between the u. S. And russia to rid syria of chemical weapons. There are millions of brandnew cars on the roads thanks to a big boom