leave the street. investors getting impatient for a turnaround. the ceo says this year will be the year. guy: let s take a look at what is happening in europe. european markets since midmorning have been rallying. we are still in negative territory. first thing this morning we went down. whether or not we get back to the flatline remains to be seen. that is the direction of travel at the moment. we are seeing the pound is rallying. we are up by 7/10 of 1%. is the happened here chancellor of the exchequer has stepped down. there was clearly a power struggle taking place between number 10 and number 11 downing street. we have seen that result now. there is a centralization of power taking place. the assessment is that his replacement is going to have little authority to resist boris johnson s desire to increase government spending. joining us now to get an assessment of this we have daily riley, bluebay asset management chief investment strategist. cracks it is a breaking story
Well have more on the history of the bus Company Coming up at 6 00. For now reporting live in flushing, ida siegal, news 4, new york. Focusing on the weather. This is what were dealing with. Flood cigarette making a mess of queens, new jersey and beyond. And in other spots, snow is piling up tonight. Storm team 4 meteorologist janice huff is tracking this for us. Long island gets the top numbers anywhere from 2. 8 inches in bedfordstuyvesant bed up to 6 inches. New canaan 3. 5 inches of snow. Not much in the city. Just flurries. Its coaching down lightly across much of long island. Across to brookhaven, West Hampton Beach into fairfield the next storm system is on the way and were trfcking that in our direction. Should be here tomorrow. This will affect new jersey where you have winter storm wa ings and advisories. That goes into effect tomorrow. In the meantime theres also the problem with high tide this evening because of the high tide for these areas. A bit more flooding this evenin
Shale pioneer and Chesapeake Energy cofounder Aubrey Mcclendon has been killed in a car crash in oklahoma city. A day after being charged with rigging bids for oil and gas. Mcclendon denied with working and i do working with an unidentified rival to keep rates low. Those are the headlines. 2400 journalists, 150 bureaus. Lets take a look at the markets. Hong kong and china lunch. Heres how they were trading this morning. Shanghai in the green. Singapore, tokyo, and mumbai seeing, all in the green. 1. 8 . Back in half an hour. Time for bloomberg west. Emily im emily chang this is , bloomberg west. The battle for encryption intensifies. We speak to apples attorney. Yahoo meets. Pushing for a sale. Well bring you the latest. Can Cable Companies spend their more subscribers . The arms race for original content is officially on. The debate over privacy rages, first, from capitol hill to the rsa conference right here in san francisco, pitting individual privacy against National Security, stri
Hancock open fire in the School Cafeteria one week ago today. Hall just walked out and back to his office. 30 year veteran in the sheriffs department, he knew instantly what he was hearing. Very distinct. Pop, pop, pop. He knew right away. Do you remember your mind at that point or was it just reaction . Mostly reaction. Mr. Ripple was in the hallway with me. He looked at me and looked. I looked at him. It was a reaction. I needed to get down there. Nine seconds later, kent hall one running out across the parking lot. The injured. Paul went in pursuit of the shooter and played a significant later. Two students shot, but survived. Two others injured. James Austin Hancock in custody. Worst possible instance anything could occur in the school. We had the worst possible outcome. No bite, got killed. School. And did not have to kill a suspect, another kid. And best possible outcome, worst case scenario. In butler county, rich jaffe, local 12 news. Rich has much more on the exclusive intervi
I actually killed jasmine. Im sorry that you have to take the fall for this. I love you. The jail, with the 1200 inmates is likely city, news travel fast and it did. Our officers are trained observers. They are trained to observe and trained to notice Human Behavior that gives indications what someone may be planning to do. Not only that, they build a rapport with the inmates. Jail investigators find out about the phony letter, phillips sent to his mother. According to court records, reilly, was paid with 20 worth of coffee and nutty bars from the jail commissary. Reilly is charged with obstructing justice, tampering with evidence and forgery. Phillips still faces a possible death sentence. Still writing him. Debra dixon, local 12 news. These were not customers for a taste for barbecue. They were robbers in search of quick cash. A pair of gunmen, in the east end just after 11 00. They demanded money from the register, as the place was demanding customers for lunch. One wore a mask and