This is breakfast on. Gb news. If you are heading out and about today, do be careful. That weather is terrible and horrid. Its that weird sort of thing where its like, its. Its not like its really chucking it down, but its i dont know, its like lots of rain. Weirdly, the roads, if youre on particularly the mi was horrific. Was it . I had to i particularly the mi was horrific. Was it . I had to i had to crawl down at sort of 50 miles an hour all the way. I was a bit worried about you because usually stephen is here for 5 am. And it got to ten past, and i was a bit worried. Yeah, it was a real slow journey today, but thats good. Take it slow. Be be careful out on those roads today. I dont know, it was very heavy where i was was it. I dont know about you. Its just loads and loads, loads of surface water. Ive never seen so much. Yeah. Motorways it just hasnt stopped raining, has it . So if you put your foot down, youre going. Youre going to aquaplane, which is very dangerous. So do be care
Related charge but excluding items earnings still beat the street cisco looks to s s to repatria billion in overseas assets ubers ceo plans to expand the Ride Hailing Service beyond cars he says uber is to cars what amazon is to book stores he believes uber could be a marketplace for other forms of transportation, including public buses and bike sharing programs. I was with him in davos, he was sharing this idea that you would take an uber to a train, and then get off the train an then get on a plane an then get on the plane, get in a car, he would do the whole thing thats the idea. Uber eats, the leasing program, were those side shows to this idea that could you plug into the new york city mta Public Transportation system so if youre in an outer borough, the uber gets you, brings you to the subway, the subway takes you, you get off, maybe theres an uber pool that takes you to the office is this before or after flying cars . This would be before flying cars i think this is not complete
Rebecca look for mostly dry conditions today before a storm system brings widespread rainfall and breezy to locally gusty winds during the day wednesday to the north bay and through the remainder of the region wednesday night. After another period of dry conditions, a third system is possible late in the upcoming weekend. No major hot spots. Bay bridge wb 80 is less then 30 min from the maze to sf. San mateo bridge less then 30 min from 880 to 101. Richmond bridge drive less than 20 min from the toll to 101. robin this morning. We now know the names of two People Killed in a shooting near daily city. We first told you about this shooting yesterday on the kron 4 morning news. They are 21 year old Vanessa Guillory of San Francisco and 22 yearold michael garciasalem from half moon bay. Last night a vigil was held in broadmoor. Near daly city. Flowers and candles were left at the scene in front of the hillside market where guillory and garciasalem were killed. Out between the victims and a
Last night we told you the widely held dow component was close to a deal to sell its real estate portfolio. What we didnt know is that that was just the beginning. The company is planning to essentially shed its entire finance unit. The first move is a 26. 5 billion sale of most of its real estate and mortgage portfolio to blackstone and wells fargo. But ge is not stopping there. The company will dramatically slim down ge capital over the next few years and buy back 50 billion worth of stock. That buyback ties apple for the biggest single buyback ever. Wall street loved the moves and sent shares higher by about 11 on the day. Mary thompson has our look at the deal and the new ge. Reporter in its most aggressive move in 14 years of ceo, jeff plans to slash the ge finance unit. Once a strength for ge seen as a drag now. We felt from an investors standpoint this was the right time. Reporter right time because low rates mean yield hungry buyers pay for these assets and selling them mean ge
Last night we told you the widely held dow component was close to a deal to sell its real estate portfolio. What we didnt know is that that was just the beginning. The company is planning to essentially shed its entire finance unit. The first move is a 26. 5 billion sale of most of its real estate and mortgage portfolio to blackstone and wells fargo. But ge is not stopping there. The company will dramatically slim down ge capital over the next few years and buy back 50 billion worth of stock. That buyback ties apple for the biggest single buyback ever. Wall street loved the moves and sent shares higher by about 11 on the day. Mary thompson has our look at the deal and the new ge. Reporter in its most aggressive move in 14 years of ceo, jeff plans to slash the ge finance unit. Once a strength for ge seen as a drag now. We felt from an investors standpoint this was the right time. Reporter right time because low rates mean yield hungry buyers pay for these assets and selling them mean ge