Its debt. We are three days from potentially hitting the debt ceiling, a move one bank ceo says would be a very rapidly spreading, fatal disease. We are on the grown in washington with the latest details. The deadlock in washington is weighing on stocks today. We are counting you down to the market open 30 minutes from now. Netflix coming to a cable box near you. A new report says the streaming Video Service is in talk with cable providers and shares of netflix are higher in the premarket. Still, no agreement on ending the Government Shutdown. Now in the 14th day. Nor on raising the debt ceiling. The biggest leaders in banking sounding the alarm at the International Institute of finan finance conference in washington. I was a moderator at that event. Jamie dimon painted a pretty bleak picture of what could happen. As you get closer, the panic will set in and something will happen. I dont know periodically when that problem starts. Deutsche bank says his company has been making continge
Meeting of the congressional principles. President obama continuing his pressure saying at a food pantry we stand a good chance of defaulting. Still trying to figure this out on the leadership side. The next step appears to be the budget negotiation. When the markets look at where we are, it is not so much the fact that we have not approved the debt ceiling increase, it is that we dont have a credible solution to deal with our longterm debt and spending. Rich the problem is republicans are looking to keep what is known as the sequester in place. Democrats want to undo the cuts. They want to replace some of them with tax increases. Now it is going the other way. Democrats seem to have the leverage here. Cheryl trading stocks are well off of session lows. We see these comments crossing from senator harry reid. Is this the entire reason we are seeing markets reversed . I would have to think so. The problem clearly is it is a political football. I am not sure how seriously, i guess we have
News out of San Francisco. A deadly shooting early this morning. The clues homicide investigators are scrambling to find right now. Week two of the Government Shutdown begins. The new dangers looming as both parties remain far apart in negotiations. Reporter were live in Half Moon Bay surrounded by monster pumpkins. Well bring you all of the excitement here at the Great Pumpkin weighoff good morning. Welcome to mornings on 2. This is Pleasant Hill where the morning commute is underway at the b. A. R. T. Stration on this columbus day. B. A. R. T. Trains are running after negotiations were postponed. Good morning. Im tori campbell. Good morning. Im brian flores. Dave clark has the day off. Lets get the day started off right with steve paulson. A lot of 40s. It wont take long to warm up. Clear skies, clear cold, sunny by this afternoon. It looks likes that will be the theme for a while. Santa rosa 39. There was a 39 at Half Moon Bay airport. A lot of 40s. San jose is in there. Concord, 46
What can we do for you . And now, bbc world news america. This is bbc world news america. Reporting from washington, i am laura trevelyan. Signs of progress in washingtons budget battle. As america approaches a debt ceiling deadline, president obama issues a warning if no deal is struck. We stand a good chance of defaulting. And defaulting would have a potentially devastating effect on our economy. Four out of seven International Aid workers are released after being abducted in syria but the fate of the rest remains in question. And capturing crime scenes of the past one photographer is putting a new focus on places that played a part in history. Welcome to our viewers on Public Television in america and also around the globe. Tonight, there are signs that washington is finally moving closer to reaching an agreement on extending the debt ceiling and reopening the government. Senate leaders have been meeting today and they are voicing optimism that they can reach a deal. Even if they ca
Welcome to our viewers on Public Television in america and also around the globe. Tonight, there are signs that washington is finally moving closer to reaching an agreement on extending the debt ceiling and reopening the government. Senate leaders have been meeting today and they are voicing optimism that they can reach a deal. Even if they can, it still faces a critical test in the house of representatives. Earlier today, president obama warned of the consequences if congress does not act. Not only is it untenable for us to continue the shutdown, this week, if we dont start making some Real Progress both in the house and senate and if republicans are not willing to set aside some of their partisan concerns in order to do what is right for the country, we stand a good chance of defaulting and defaulting would have a potentially devastating effect on our economy. Our north america editor mark mardell is following the story and joins us now. Should we be getting our hopes up . This proba