We are on storm watch, as another system passes through the bay area. The problems its causing for people and businesses. And a community mourns, as the last of the young shooting victims in connecticut are laid to rest. The funerals held today. Plus, lying down to make a statement. How people in San Francisco joined the debate about gun control. Good evening. Thank you for joining us. Im maureen nailer. Im david stevenson. Heather and ken are off tonight. Heavy rain pounded the bay area overnight, as another winter storm rolled through the region. And while the wet weather haslet up a bit, its still causing problems for people and businesses. We have live team storm watch coverage tonight. Meteorologist mark take maya is tracking the conditions, but we begin with christien kafton, live at San Francisco airport where holiday travelers are dealing with the delays. Reporter thats right. Take a look at the big board. We checked with duty manager and there are a few delays up on the board,
Top tech headlines. Linkedin has failed to reverse it slowing sales growth. Sales rose in the First Quarter but its fifth straight quarter shows sales growth has declined. Ebay has settled a lawsuit with a federal and State Government over deals with into it. Under the terms, you may has agreed to and a nope 02 packed with other companies. Ebay will also pay tell forney pay 3. 75 million. The settlement comes a week after google, apple, intel and adobe settled a similar case. The Justice Department crackdown on Silicon Valley hiring practices is over for now. Snapchat has poached a google employee, naming him as the information director. The snapchat conversations will disappear but can be saved and screen shots. You may recall that snapchat rejected a 3 billion takeover offer from facebook. Now to our lead story tmobile Ceo John Legere has made it clear the fourthplace wireless carrier has plans to turn the industry upside down and so far, so good. The carrier added 1. 3 million new m
Its friday, september 27th im pam cook. And im dave clark. Steve, we could use a little sunshine. I cant do it right now, but its on its way. Clear skies. A patch or two of fog will not make it. 40s to 60s. No breeze. It cools down. Others are very mild to warm. That north wind holding. You can find a 1015degree difference but 60 at 7 00 a. M. 74 beautiful degrees in the city. Much of the coast looks good. Red flag warning continues until 2 00 or 3 00. Northerly wind are not that outrageous. North and east bay hills mainly. Really hasnt translated down to the south bay. Its cold on the coast. Sunny and warm today. Breezy at times. Lots of sunshine for everybody. You, me, pam, dave, everybody. Highs in the 70s or low 80s. Here is sal. Steve, good morning. Right now we are doing pretty well on the roads. I want to show you live pictures of traffic that is moving well on interstate 80. The bay bridge span coming over top Treasure Island getting into the city. Not a big delay at all at the
Standard poors 500 index up onehalf of 1 . 1704, close to an alltime high. Dow and s p 500 closing in on alltime high. Bob pisani, something tells me the move might be bigger after the feds meeting. The question is, higher or lower . I think it will be higher. I think theyll thread the needle on that one. Put up the screen. The important thing is overall right now, the markets are expecting a modest taper. I think theyll probably deliver on that. Everyone believes, everyone down here, everyone i talked to, believes this is not a decision purely on economics. If it was, it would be a tough call on whether to taper or not. Most people believe mr. Bernanke wants to begin to taper while hes still in office. And that the cost of qe is now starting to y ing ting to outwe benefits. What have been the benefits . Modest gdp growth and a lift if asset prices. The cost of dislocation in bonds has been noticeable and emerging markets as well. Bernanke says hell persist with qe as long as the benef
Bloomberg top tech headlines. Linkedin has failed to reverse it slowing sales growth. Sales rose in the First Quarter but its fifth straight quarter shows sales growth has declined. Company also posted a loss ebay has settled a lawsuit with a federal and State Government over deals with into it. Under the terms, you may has agreed to and a nope 02 packed with other companies. Forneyll also pay tell is three point 75 million. The settlement comes a week after google, apple, intel and adobe settled a similar case. The Justice Department crackdown on Silicon Valley hiring practices is over for now. Snapchat has poached egg google employee, naming him as the information director. The snapchat conversations will disappear but can be saved and screen shots. You may recall that snapchat rejected a 3 billion takeover offer from facebook. Now to our lead story tmobile Ceo John Legere has made it clear the fourthplace wireless carrier has plans to turn the industry upside down and so far, so goo