Price youll pay for things like beef and lettuce. All that and more tonight on nightly Business Report for thursday, january 16th. Good evening, everyone. A mississiperable day for invesn best. The Worlds Largest Electronics Retailer didnt live up to its name when it comes to its stock. It plunged almost 30 today. Investors dumped the shares after the Company Reported it had poor sales during the Holiday Shopping season, saying it suffered from heavy competition and deep discountsing. Hotselling products were in short supply. Smartphone sales were slow. And with so many people shopping online, fewer people came into its stores. Sales fell nearly 1 instead of rising. Courtney reagan spoke with best buys ceo and has more on whats next for the struggling retailer. Reporter best buy shares gained a staggering 240 in 2013. As wall street began to put stock nuts turn around strategy. But today best buy shed more than 3. 5 billion in market cap value after revealing a bummer of a Holiday Seas
Woodruff and we look at the personalities driving the politics and gridlock in washington with two authors and veteran political journalists Robert Draper and mark leibovich. You do wonder, when people are in office, when people are in power, who are they really working for . Are they in it to serve the public good, or are they in it for selfservice . Woodruff thats all ahead on tonights newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. And with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Suarez president obama took aim at the soaring cost of college today with an ambitious plan to rate sc
Those two women are deceased. The suspect then exited 888 where he was engaged by three Police Officers responded to a shots fired call. He produced a revolver fired upon the officers. He then retreated into a restaurant, additional officers came on scene. Multiple more rounds were fired. None of the rounds hit any of the officers. And prior to the officers being able to return fire, owe discarded the revolve he discarded the revolver and surrendered. Reporter the one man injured inside that jewelry mart was taken to San Francisco General Hospital where he is being treated for critical injuries. Also, the suspect was also taken to the Hospital Police believe that he had superficial injuries to his hands. As far as the mode of his concerns, police chief did not have any information to give us that of course is being investigated. They would like to talk to that injured man when he comes out of surgery or when he is better. Maybe he could better tell them what may have happened this afte
Only 2 contained. The governors will free up money and resources to battle this massive rage. Have made the rim fire extremely difficult to fight whether crews can protect their homes. What those residents are telling him. The rim fire continues to burn out of control in the National Forest and they are losing the fight at this time. As we have been reporting the fire exploded in size since yesterday trip willing too 53,000 acres and climbing quickly. Four people had to evacant the moment they had to leave their homes was usually pretty obvious. A big boom and black smoke and we saw it and figured something happened thats when the called came up so i went home and finished packing up. In the city the major road in and out of town and the people there ready to be ready to leave. Im definitely more concerned because i have firefighter buddies who say its taken off and theres not much they can do about it. Around pine matter lake and two summer camps but everybody is worried about what wi
Bay are all white. Were not seeing any of the normal commute because of the kosher at the bay bridge there is extra traffic at the san mateo bridge so there is some slowing on 880 southbound and all westbound 92 of what the traffic across the span. Were not anywhere near the levels of volume of what we saw yesterday. There is a little congestion at the west end of the span. A lot of people not familiar with this interchange. It dont realize that both the right him lance can transition on 211 north bound so a lot of people are trying to squeeze over to the right hand lane and ordered to make the move. You do not have to precede the 2 ride plan to exit 2101 and the northbound direction. Jackie system has been advising us all morning long its very quickly reached the saturation point. There is a lot of traffic at the toll plaza this morning westbound but it is still moving smoothly. Again lighter today and then yesterday. Yesterday backed up all the way on to the rich but thats not the ca