Massive police presence. Jesse gary is joining us live from the scene. Jesse . Reporter heather, good afternoon to you. San jose police have set up a double perimeter at what is still an active crime scene. We are at the first here. As you move further down the 3200 block of montecito drive, you can see more crime scene tape and more police cars. A short time ago, officers at the equivalent of swap, did a sweep of the area. They moved on to do by a middle school grounds, where the track is, and where the face baseball fields are. Police officials confirmed that are checking to make sure the suspect or suspects are not still in the area. They are also checking for clues in a homicide that may also involve a Home Invasion. There is no information on the victim beyond he is an elderly man. No information on the motive for the crime. We have not been given any suspect prescription information as well or a possible vehicle be to be on the lookout for. The neighbors are concerned but have no
He was looking at a way to demote jay powell so he wouldnt be chair anymore, not fire him. I think a lot of people think it would be against the law. I asked senator tillis from north carolina, who is on the finance committee. He thought maybe it was possible. President , ithe is his administration. He should look at everything he can do within his legal authority. I havent reviewed the legal analysis, but theyve got a lot of smart people in the white house. It probably is within his authority not to remove him, but potentially consider another chair. David it sums like if you were to do that, the Republican Senate wouldnt stop him. Alix well no, of course not. Someone, who would he pick . Of uld be the perfect the perfect dove . David i think you will come out for blood if he doesnt get his rate cuts. Stay with bloomberg as we bring you live coverage of the latest decision, followed by jay powells news conference, starting at two is like this afternoon. Alix from one politician to ano
Larry . And weighing in on the cryptocurrency. First, to our topsoil. A direct listing on thursday. Yet waiting to see what the Reference Price will be. The they find themselves in beyond meat camp with a sizzling debut or will it be more like a sizzle like uber and lyft . Product growth. It grew from half a million almost 6 million. New column out. Lets start with you. , youformer head of growth have a beloved product, but Revenue Growth is slowing down. Cannot be we accelerated . Accelerated . E slacker is really coming into the workforce. Emily you think that it could start to grow faster than it has . I cannot make predictions on how they will do, but i am excited about mistakes. Anywhere have heard from 16 to 20 billion. How does that compare . These young and fastgrowing companies are beating at what seems to historically rich valuation compared to their revenue. You mentioned the column that i wrote about this new stratosphere of multiples of revenue. Think we have seen it befor
And asking the question, where is larry . Sandberg speaks. The facebook coo weighing in on the cryptocurrency. First, to our top story. Slack is hitting the Public Markets with a direct listing on thursday. We are waiting to see what the Reference Price will be. We could get that at any moment. Will the Software Maker find itself in the beyond meat camp with a sizzling debut, or will it be more like a sizzle like uber and lyft . To discuss, i want to bring in a partner at venture partners. Before that she was the head of product growth that slack. Under her watch slack grew from half a million to almost 6 million. And, a new column out on slack. I will start with you. As a former head of growth, you have a beloved product, but Revenue Growth is slowing down. At this can that be point reaccelerated . Potentialas a lot of in front of it. A generation of people are used to communicating synchronously, using the internet, are coming into the workforce. Emily you think that it could reaccel
Im claudine wong. Monterey senior. Thank you for joining us. Were following developing news right now out of san jose where the city council has taken a crucial vote which could determine whether thousands of city workers will go on strike, which was set to start today. The city council has approved an agreement, will have the tails when theyre released in just a few minutes from now. But it held a closed door meeting this morning to review and vote on the conceptual terms of an agreement reached yesterday between the city and two labor unions. A three day strike was temporarily put on hold pending the outcome of the councils decision on the terms. Now, the workers have been working without a contract since the end of june. Theyre demanding better pay, parental leave and improved staffing. Well keep you posted on this. Developing story. Well, triple digit heat has returned to parts of the bay area. Lets take you out live for a look at mount diablo. You can see some clouds in the sky, b