Close to 50 in southern delaware. This is the area looks fairly impressive on radar. The computer model show this is area weakening as it approaches later on tonight. So there is no issue with snow as we go through the evening through any part of the area. Temperatures will be dropping into the mid30s. The snow threat more for the morning rush. More on the timing there and more significant threat. Investigators are working to what sparked an overnight apartment inferno that killed one and left dozenings others homeless. Our viewers with the nbc10 news app were the first to learn about this after the fire erupted at norristown apartment. Took firefighters hours to bring it under control. Live on the scene is christine maddela. That building is more than 100 years old. Do they have any early ideas about what sparked it . Reporter early o initially, they think the fire may have started in the trash chute. On the scene you can see a portion of the street is still shut down to traffic. This
President obama, fema, the rest of the administrations team working hand in glove with their state team. In this case there was really a team. As i like to say there is no i in the word team. I should have the army corps of engineers has been particular in responding to Hurricane Sandy. Over the years, funded by a series of storm protection projects in maryland are polite, robust and strong, healthy systems. These types of projects criticized at the time by some on my opinion because they performed exceptionally well during sandy black hundreds of millions, maybe billions of dollars in damage. Ashur protection withstand storm surge in better then baked circe wells while also enhancing the environment. Although the project on our coast of their job, they were weakened or in the storm not require repairs so were not for mobility future storms. Unfortunately the northeast midatlantic received more frequent and larger storms like standing in the future. The 70 to find costeffective ways to
In talks about a possible takeover. Almosta market value of 23 billion. It is earning season. The first major bank to report is wells fargo. They just read Just Announced their results. Ending a streak of rising earningspershare. It was 1. 01. Another number we are keeping a close eye. 21. 1 billion in revenue for the quarter. That is higher than what analysts were looking for which 20in the neighborhood of billion. That is a number you want to keep an eye on. That revenue number to give you how American Companies are doing in the second quarter. In terms of cost cutting, efficiency ratio is something we are keeping a close eye on. His way of managing its expenses. Wells fargo did not do as well as they had planned. Annis were looking at an improvement. Basically one percentage point. There was no improvement. A number analysts will continue to look for. This is his most Capital Markets look at that efficiency rating to go down more. Wells fargo reports a 500 million room reserve early
Has talked about putting a hold on that nomination. Any word on that right now . We are working on that. The may 1 say, thank you for having me on. People in arkansas to watch c span lot, i want to thank cspan for what they do. Back to the tom wheeler nomination, basically there is sentiment within the senate that we ought to repair this with the republican nominee. Have acans would like to republican to go alongside the process. The problem is the we have not thecially released republican name that they want nominated. Hopefully we will get this done quickly and senator rockefeller has said this publicly that he wanted to expedite that. My view is that you do not have to pare them. It ink that if we can do such a way that it does not , it will beme protracted and i would go ahead to try to get tom wheeler on. One of the concerns expressed was about restricting political speech. I do not really share the concern. Job, sec. Hard people do not always appreciated. It is one of those jobs