Looks like rain is want to dry out and this should not be too much of a problem. In the east bay, we saw light rain about 15 minutes ago. We are dry in danville. Drying up heading to the caldecott tunnel on highway 24. San francisco is mostly dry and it is no longer riding along on march the street. The wet weather will continue and we are dealing with light rain for interstate 580 and castro valley. Down in the south, the rain is picking up in intensity not only is it impacting san jose but it is also impact in cupertino. You will need to use your umbrella this morning or a rain jacket. The rain is pretty much out of here in future cast 4 shows a just that. It is tapering off and by 9 00 a. M. It will be mainly dry weather. The clouds will stick around as we head into afternoon and i will not be surprised if we see a few pop up showers. For the rest of the day, the temperatures are in the 50s. By 3 00 p. M. Breaks of sun is expected with a high in the upper 50s, low 60s. I do have cha
Ecbs unlimited bondbuying program. And the olympic flame arrived in sochi ahead of tonights ceremony. Many leaders will not be turning up at the 2014 olympics. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. The olympics get its amazing to think the olympics are under way. It seems to far in the future. Yeah. And yanick node is with us. Come in, come in. What did you say . Im going there next week. Are you . Yes. Fantastic. Are you competing . No, no, im not competing. Well talk to you about that. More from him in a few moments time. Plenty of other things coming up on this show. A tough week for social networking stocks, right . Disappointing outlook from linkedin sent shares lower after hour after twitter lost a quarter of its value on thursdays session. What to expect from indias latest gdp reading where growth is expected to accelerate. Purchase, telecoms. Purchase . Well find out. The latest accepting payments in bit coins. Well be in
Bloomberge from European Headquarters in london. Francine lacqua is off today. Privacying up, putting first. We test out the world most secure smartphones. Is it really nsaproof . We begin with the crisis in the ukraine. There could be a delay to the vote for a new government. Remains onpresident the run with a warrant out for his arrest. Bloombergs managing editor is on the ground in key ever with the latest. What is the latest . With the latest. What is the latest . What we have seen over the last few days, the situation in central kiev is very disciplined. That more remember than 60 people died last week. Unarmedal, the mostly Citizens Militia seems to be keeping control in the city. Still no sign of the official police anywhere. Can you give us an update on what is happening in the south of the country . A more prorussian part of the ukraine. There seems to be a different view of the situation down there. Yes. [no audio] it sounds like we have just lost our connection to kiev. We w
We are so about 20 off of the highs. We have earnings today. After the bell, solar city. Doing a monday data check for you. An interesting week as we raced through the First Quarter 2014. Futures flat. 16,103. Euro advances. That is important. And in elevation there. Hydrocarbons elevated. Onto Foreign Exchange handle with a little bit of oil as well. Is gold currency . Does better. In the last hour it has come back a little bit. All in all come the stability off of the cacophony of the weekend. Have scoured the ski slopes of Northern New England to find scarlet fu returning from a snow bank. I survived. Well rested. Nine hours of sleep one night. I love the photo drop of you coming out of the helicopter. The ukraine topped the front page this morning. Issued an arrest warrant for the ousted resident who has fled the country. They are on the wanted list for their role in violence that killed more than 80 people last week. He was last seen in a prorussian region. A lot of interesting st
Suddenly Interest Rates are a force determining stock prices. This time, its not bearish, its bullish a positive force, chief reason the dow rallied. Were back into bad news is good news mode here, and the bad news is that unemployment, well, employment is weak. Employment is getting weaker, which will send Interest Rates back to levels that encourage all sorts of Economic Activity here. While at the same time driving the dollar lower to a level that benefits our Big International exporters. Meanwhile, inflation is coming down because of all of our newfound oil, making gasoline cheaper. Wow. Halcyon. Lower Interest Rates, lower dollar, lower gasoline, this is the stuff of greatness for the stock market. Let me show you why. First, we have lost entirely the bond market equivalent stocks. The stocks that did well because of the dividends when Interest Rates were low. Now rates are in retreat and those stocks are roaring again. Take kimberly clark. The Company Reported a spectacular numbe