Thats really heart breaking. Some mist, drizzle and fog all thats left of the rain that moved through the bay area this evening, but im already tracking the next chance of rain that will be heading our way and could fans return to chase center next month . The revolutionary new testing program, we ask an expert would it work . We have an exclusive look at the next generation of electric vehicles hoping to give tesla a run for its money. Its definitely very interesting time for the ev business. Good evening. Im elizabeth cook. Im ken bastida. Now at 11 00 and streaming on cbsn bay area a live look outside, were drying out a bit after a pretty rainy friday night around the bay area. See. Theres proof. Hey, thats heavy rain, man, for these parts coming down at times in San Francisco a little earlier. Our chief meteorologist paul heggen joining us now. Are we done with this for the time being or is it going to stick around . We are done with this for the weekend. So the rain has moved out.
Now at 11 00 new coronavirus restrictions taking effect in less than an hour and tonight this is just the beginning. Were the feeling overly happy or confident right now. Thats really heart breaking. Some mist, drizzle and fog all thats left of the rain that moved through the bay area this evening, but im already tracking the next chance of rain that will be heading our way and could fans return to chase center next month . The revolutionary new testing program, we ask an expert would it work . We have an exclusive look at the next generation of electric vehicles hoping to give tesla a run for its money. Its definitely very interesting time for the ev business. Good evening. Im elizabeth cook. Im ken bastida. Now at 11 00 and streaming on cbsn bay area a live look outside, were drying out a bit after a pretty rainy friday night around the bay area. See. Theres proof. Hey, thats heavy rain, man, for these parts coming down at times in San Francisco a little earlier. Our chief meteorolog
Good thursday morning. Welcome to squawk alley. I am Carl Quintanilla with jon fortt, Morgan Brennan at post nine of the New York Stock Exchange watching the markets and trade today, long awaited china trade talks are back on. Kayla tausche is in d. C. Good morning, kayla. Reporter good morning, carl. The rumor mill of potential breakdown in u. S. china trade talks, saying theres a big day of negotiations china, they want to make a deal, but do i i meet with the vice premier tomorrow at the white house. The idea was floated by chinese officials and media overnight they would leave washington early in a fit of frustration over hawkish measures the u. S. Administration unveiled earlier this week. Now the president and top negotiator from china will meet in the oval Office Visits happened a handful of times this spring. During the visits they resulted in agricultural purchases or tariffs being delayed. Thats the reason the market is optimistic this time around. Earlier this morning, going
Only the second, since the end of the fiveweek shutdown brought on by the debt crisis. Bank shares were pushed to the downward trading limit yesterday of 30 . One analyst said the bailout will not work if greek banks do not bounce back. The greek Banking System is key to getting them back. They have to recapitalize the major banks quickly and they have major problems with their nonperforming. Once you get the greek banks of an lending, there is no hope for the plan to succeed. Erik in the bleak financial picture, the Central Bank Says almost 1. 3 billion has flowed academic countries bank since reopened two weeks ago. Scheier is making an offer in hopes of creating a Biotech Company focused on rare diseases. The price of the about the billion dollars and scheier says that represents premium of 36 and values the target company at more than 45 a share. No deal on the horizon right now and shire it spun off from baxter and they are not talking about the proposal. John cleary is in singapo
By a fraction of a percent crude oil, this is the one weve been watching very, very closely. We have wti down by 1. 6 brent it down by 1. 5 . This is quite a rebound from the lows back in june. We are up by 12 from june 21st lows so staggering move in just a short amount of time weird. Weird to see the dow so strong and the nasdaq so weak thats been happening more the nasdaq had been stronger on a relative basis then the rotation happened. I dont know what it means. Maybe its healthy this is scary and not healthy. Maybe the meeting is good, but the reason for it frightening. The u. S. Requesting an emergency u. N. Security Council Meeting today after north korea tested an Intercontinental Ballistic Missile. The missile could put all of alaska, so mainland i dont know if you call that mainland, but pretty close late yesterday the u. S. Military said u. S. And south korean troops fired missiles into the waters off south korea in a show of force back that way apparently it can reenter the