Here. Good to see you. Payne Capital Management president , ryan payne and fox business deirdre bolton. Good morning. Happy monday. Here we are ready to go. Dagen ive got cooler head, what i wrote down on my folder as i watched comments about a Angela Merkel and President Trump about the trade situation. Last week we saw the dow sell off, more than 600 points as more and more investor were worried about the u. S. And china not to be able to be on the same page in some sort of way, create a framework. Now with these comments, seems like indicating a higher open, thats all that investors care about. Business owners are thinking how will i adjust to this, whats coming. Any bright spot, green on the screens, there we go. Dagen exactly. Also this morning, American Enterprise institute u. S. Research strategy in asia, he heads it, zach cooper on china trade. Roger williams is here to talk tariffs and trade. Former u. S. Secretary of commerce, former kellogg ceo, Carlos Gutierrez on the g7 su
Creek near the town of byron. Right now the fires about 15, 20 acres. We are told that they do have it under control. No homes threatened. But you can see it is smoky and fiery out there. The crews will stay at that location to make sure it doesnt spread. We have super high temperatures of course. Well be keeping an eye on it throughout this newscast. Contra costa county where that fire is burning had the hottest temperature in the bay area today on a day of recordsetting heat. And more records may fall tomorrow. Lets check in with chief meteorologist jeff ranieri with more on that. Jeff. Concord did get up to 104 degrees. As you all mentioned, the old record was 100 set back in 2008. And with all of that heat today we are Still Holding on to some very warm temperatures outside. 79 in concord, 78 fremont, 75 san jose. And 76 in lake port. So the reality as you get up, you head out the door tomorrow, its some fast heating. You have to be thinking about this as you get up and get going t
And we have a large response from cal fire and county task force so about 120 firefighters are assigned to the scene. Reporter the fire started at 12 20 along santa teresa boulevard near bailey avenue. It took cress about two hours to stop the forward progress of the fire. More than a dozen homes had to be evacuated. We spoke to a neighbor as she arrived at the scene. I thought what am i up against. When i saw that our blocks were you know, being protected by police and cars are backed up, i am truly frightened one firefighter suffered a heat related issue. Neighbors thankful for the work of First Responders. That was chris nguyen reporting. The cause confident fire remains under investigation. However, there were initial reports of a vehicle colliding with a power pole in that area. Pg e says up to 1700 customers were witho pow tteoon. Ght ch for hotpoontra coa fe of not gone up yet. Most residents are looking for ways to keep cool. Eric thomas is live in walnut creek with the story.
Them. They took on way too much. Reporter now they are under criminal investigation by the california contractors state license board, and it faces an avalanche of suits from homeowners who say the company owes them a combined 3 to 4 million. Attorney richard freeman. I have a half dozen clients from whom money was taken and not one thing was done. Not one piece of earth moved. He absolutely took their money as late as april of 2019 and gave them nothing. Morally despicable. Reporter last may, pam defended the companys motives. Were not some fly by Night Company and we didnt go up there as ambulance chasers to go up there and do Something Like this to almost 100 people is just, just unconscionable. Reporter thats carol. She estimates they owe her 90,000. Since then shes hired another contractor and filed suit. It will be finished when i see the contractor in jail. Thats when it will be finished. Reporter so the next question is what happens with the Sonoma County district attorney. We
Its friday, so far so good with traffic time, and the green at this hour which is great. Traffic is usually in the yellow at this hour, only a 25 minute ride for you guys, the san mateo braves bridge, not really all that much ended eastbound direction, i actually have the Golden Gate Bridge. Darlene closures in the northbound direction, take a look, you are down to one lane northbound on the Golden Gate Bridge at this hour, that is due to construction with the eastside barrier, is usually cleared up but its a li te butwi be heing out of san this morning. The bay bridge still looks good at this hour. I have a live news desk video coming in out of china right now, this is the china paramilitary get at the stadium next to bridge, it links Mainland China to hong kong. The threat of force against pro democracy in hong kong according to those in the island, china says the drills were preplanned and are not directly related to the unrest in china, north korea also fired off another couple mis