these were homes, neighborhoods , communities and here and elsewhere. the staggering loss of property is secondary. at least 25 people are now confirmed dead in mississippi. another person was killed in alabama for perspective. these past 24 hours have seen more tornado deaths than all of last year. many are just thankful to have survived. mcafee unity. and . thank god we re alive, but also were so devastated by the loss. the whole trailer park behind the building is gone and we don t know where everybody is . we don t know who s alive and who s gone. cnn s nick valencia is enrolling fork, mississippi nick just heartbreaking to hear these accounts. what are you hearing from people? it is and it s just awful to see this and we apologize for having to go live from our satellite phone. but it s a testament how much damage is here. in sharkey county and rolling fork, mississippi felt hours have been heavily damaged here, which is why we re not being able to go live on air. but wh
Issues important to business . All that and more tonight for the nightly Business Report. Good evening, everyone, oil was the big news on wall street today with another sharp drop in prices. They touched 75 a barrel. Brent crude the International Benchmark fell to a fouryear low. The selloff was sparked by saudi arabias unexpected decision to cut what it charges the u. S. For crude. Theyre now worried that could open the way for more prices to climb as Oil Production is at an all time high, west texas crude was down 1. 59 a barrel close about 77. Jackie deangelis has more on the slide in oil prices as traders wonder how low can it bo . Reporter a blood bath in the crude pit. Traders saying saudi arabias price cuts yesterday were the trigger and the sec nickal seller. Opec was once again lowering prices, not cutting production. The dollar started to strengthen again. We traded through that 79 area. It looks like good resistance now. If next report would be the 74, 95 number. All eyes ar
Issues important to business . All that and more tonight for the nightly Business Report. Good evening, everyone, oil was the big news on wall street today with another sharp drop in prices. They touched 75 a barrel. Brent crude the International Benchmark fell to a fouryear low. The selloff was sparked by saudi arabias unexpected decision to cut what it charges the u. S. For crude. Theyre now worried that could open the way for more prices to climb as Oil Production is at an all time high, west texas crude was down 1. 59 a barrel close about 77. Jackie deangelis has more on the slide in oil prices as traders wonder how low can it bo . Reporter a blood bath in the crude pit. Traders saying saudi arabias price cuts yesterday were the trigger and the sec nickal seller. Opec was once again lowering prices, not cutting production. The dollar started to strengthen again. We traded through that 79 area. It looks like good resistance now. If next report would be the 74, 95 number. All eyes ar
All service between concord walnut creek stopped dead but now bart single tracking trips in both direct the stations. Passengers cant expect 20 mpt delay roughly. Now this all began just after 5 00 p. M. Sky 7 hd was above the scene as a train was taken out of service at the Pleasant Hills station when part of the train wheel came off. Damaging the track and the third really. Working to repair it but cant say when full service will be restored. But of course commuters hope it will be done in time for the morning rush. Now we manufacture to the napa quake. More after shock an more damage discovered as the renal tries to get back to something reassembling normal. One of the 2 south bound licenses of highway 29 forced to close near the George Butler bridge. Officials found some damage. Bridge rae opened at about effective okay today. Now heres the carmel monastery in oakville. North of napa that had extensive damage we now learn. Priest who live here have been forced to move out. Its that
Why is one economist saying the move higher cant be trusted . We have that and more tonight on nightly Business Report for tuesday, november 26th. Good everyone everyone. In a year of milestones, another one was hit on wall street today. Since the First Time Since the year 2000 the nasdaq closed above 4,000. In the 13 years since, nasdaq more than any other market barometer swooped and swooned and struggled to regain the former heights. The dow and s p 500 for example, hit fresh records back in 2007 and multiple times this year, not so the nasdaq. After cresting at 5,048 in march of 2000 it crashed and spent the next decade at half the former high and after a 33 gain this year, it is still 20 below the. Com era peak. Its a marker on a markets road to recovery and todays nasdaq at 4,000 is higher than the nasdaq 4,000 13 years ago. The dow eked out a fraction l gain but enough for a fresh record close, the fourth in a row and 43rd this year. The nasdaq was up 23 pounds to finish at 4,01