Each other for comfort fearing the floor could fall below them. [ screaming ] reporter this video posted on twitter shows the side of another building collapsing to the ground as onlookers screamed and cried in horror. Streets in some parts of central mexico were littered with rubble and debris. Thousands of Community Members joined rescue workers as they worked tirelessly to start the recovery process. Someone was found in the rubble alive as crews rushed to carry survivors away on gurneys to seek treatment. More people were pulled with more likely trapped. [ speaking spanish ] reporter the president of mexico Enrique Pena Nieto speaking on Mexican Television talking about the schools that collapsed and how they are working to find out if children were inside when it happened. Meanwhile, he says local and federal agencies including the military are responding to hard hit areas with building collapses. Latest reports show structures fell in more than 40 locations in the capital alone.
Live pictures coming from las vegas as authorities start to update us on the investigation into this deadly mass shooting. Just bear with me a second. Well get started here just shortly. [ pause ] hello, everybody. Hello. That was a terrible response. [ laughter ] so, um, thank you for being courteous with the mics this time. Well, good evening. Obviously, im Sheriff Joe Lombardo with clark county. This has been this will be one of many press conferences we have provided in order to provide the Public Information that is occurring. And then so the sequence of these events tonight, i will provide you some can we get some help back there . [ pause ] i will provide you a sequence of some updates of the investigation as we have moved forward since last time we spoke to you. Any specifics or continuance of any Global Investigative leads that you need to be aware of, um, special agent aaron rouse will produce those, that information associated with that. Okay . And then subsequently i will r
Here the shares are down 8 right now. Thats not even the biggest point decliner in the dow. Which goes back to how low its share prices got. Exactly. At this hour the Senate Finance committee is beginning to mark up its tax reform bill well tell you whats at stake there and what could be the most contentious issues between the house and senate. Meanwhile, amazon is reportedly considering a freemium option for prime video. Wel n will netflix make a similar move lets get to our top story today, the big decline in ge shares Morgan Brennan has all the ugly details for us morgan reporter hey, bill, yeah, so ge cutting its dividend in half. Its only the third time since 1899 its cut that payout, this is the first time its done it notscenario. Thats only part of the story here big part of why these shares are falling 8 is the updated guidance new eps numbers for 2018 expected to be 1 to 1. 07 a share, reduced by half since the previous target and lower than consensus estimate 6 billion to 7 b
Melissa . Im melissa lee. Lets take a look at the markets and how were shaping up now ahead of the key fed decision. The dow hit an alltime high with the s p just points away from its own as you see here hogging the flat line in that 2 00 decision dow is flat up by 6 1 2 points s p down by two. Take a look at rates this may be the headline of the markets here, the yield on the ten year sinking to the lowest level since november 10. As for equities, energy, the worst performing secotor as oil falls on bear supply data. Chevron and exxon dragging on the dow. Financials falling ahead of todays fed meeting. Morgan stanley, bank of america and citi lagging today brian . Thank you. We are going to get the latest on the virginia shooting in one minute even on a day like today we cannot forget our core mission on cnbc which is your money and the Financial Markets. Do not forget the Federal Reserve will make an Interest Rate call in under one hours time the expectation is another Interest Rate
The bay area soaring too rare triple digits we have team covered this afternoon with Maureen Naylor following how Community Members are making sure those at risk are being taken care of during the heatwave. But we begin with Cristina Rendon own in vallejo where crews are working to save a number of homes in the area. We just received word from the city they sent out an official to give us an update the fire is 70 contained right now. Fire crews are up here at the corner of lookout and bay cove im sorry glencoe parkway. Fire crews are up the hill monitoring the hotspots of the fire and all of the homes along the edge of the hillside. This fire started from a car that went through the toll plaza off of the carquinez bridge and pulled over on eastbound 80 somehow the fire spread to the hillside and then the flames went up the hill threatening homes on papers to drive at this point firefighters tell us they do have about four homes that were impacted so the flames either reached the back o