Exactly three hours ago the tech and ecommerce giant got hit with a new lawsuit from the federal trade commission and 17 state attorneys general. They are accusing amazon of using its market power to inflate prices, overcharge third theparty sellers and for using strong arm tack tactics to maintain its monopoly. The suit comes after a 4year probe into alleged monopolistic moves by amazon. So its actually affecting the Broader Market here. The stock is driving the nasdaq 100 lower. Right now we have got the nasdaq down about 209 points or 1. 5 . It is among the worst performers on the index. Siriusxm on semiconductor cin actioner cintas joining amazon on the biggest laggards list. The that major indices head for their fifth if fifth fifth down day over the last six. If you look at the dow, it is down 403 points, thats at the low concern below its 200day moving average. Microsoft, goldman sachs, caterpillar and United Health care account for onethird of the dows losses. Apple is in the w
Want to be. That would be dave murphy outside. Yeah, no kidding. It is a really nice start today. Ive got a jacket on but its not bad. Satellite shows you how the clouds are starting to kick out over toward the northeast. There are some problems with visibility early on over to the east of philadelphia but in general were looking at lots of sunshine today. 61 degrees currently in philadelphia, too, so feeling pretty good on the bus stop right now. Down into the mid to low 50s in our northern suburbs and 54 in millville and wilmington. Again a jacket not a bad idea. Visibility has improved greatly in trenton. Were up to 4 miles. But down in Atlantic City still an issue. Through all of those areas in gray you may run into a bit of a visibility issue this morning. Careful with the kids on the bus stop. As we go through the day it looks like a good one. 53 degrees by 7 oclock, 67 by 3 oclock and 69 degrees by 5 oclock. That high of 70 may not hit until about dinnertime tonight but it will
Were following breaking news this morning. brian loftus weve learned one person was killed in an overnight house fire. 8 news now reporter Michael Stevens is live on scene near sahara and lamb with the latest. Michael . brian loftus demetria, how are the roads . Building fire on Jimmy Durante and harmon. Watch out for a crash at charleston and lamb. Southbound traffic is still running slowly in the spaghetti bowl. The northbound i15 ramp to northbound 95 should be open after closing overnight for work on project neon. And theres more rain on the way to the devastated region again this morning. Don champion has the latest from baton rouge. Flood waters have shown little mercy on south louisiana. Torrential rains over the weekend, left entire neighborhoods, under water. From the air, the coast guard plucked people from the tops of their houses on the ground, the National Guard picked up people stranded in high water in all the governor says emergency workers rescued more than 20thousand
2yearold jason vargas. A stranger jumped in the front seat of the parked car and took off around 6 45 this morning. Jared fogle is hispanic with brown eyes and brown eyes, last seen wearing a blue sweater and white shirt with yellow strikes and blue jeans. He has asthma and needs the medication. The suspect got away in the fathers stolen car, 2015 black honda accord 7lie244. The windows are tinted and the car has damage to the left rear bumper. Amber alert signs like this are now lit up along the freeway cross the bay area. If you have any information you are urged to call police right away. We will continue to monitor the situation and provide updates on our station and our website abc7news. Com. We have a picture from sky 7 of jason vargas being abducted from soledad. This is the home where we believe he was an deducted. You can see there are police in the unable. We can see neighbors and possibly family Members Around the area. We were tag about a twoyear old boy it cannot get more
Throughout the evidence, hoping to figure out who was responsible for this kidnapping. As we return live to Soledad Police headquarters, the police chief says they were surveying the neighborhood, hoping to find any chance video from this morning that can help authorities can solving this case. Reporting live, im chris nguyen, abc7 news. Back to you. Chris, thanks so much. Commuters are facing major delays while Police Search for a vehicle. South bound lanes just reopened. All the trouble started when police tried to stop a car wanted for a robbery. That car hit another vehicle. Officers arrested some of the people from that car. Theyre now searching the area for at least one other suspect. A dental assistant faces another accusation tonight of molesting a young patient in concord. Police say four girls now claim he assaulted them during dental visits. The latest victim is under the age of 10. Officers first arrested him earlier this month after an 8yearold girl said she was molested a