Well see if the fed numbers have any effect. In our road map this morning. Tesla slapped with a downgrade on valuation. Well hear about the companys future from the ceo. Microsoft set to cut more jobs. And apple watch sales plunge 90 . Well run through some of those numbers. First, futures are up sharply. Steps by chinese officials to stabilize markets and restore Investor Confidence failing to start the slide. A lot of the trading, brokerages people are obviously upset. Companies are being asked to buy their own shares in the national interest. Its getting interesting. I think that its terrible. I think that i want to be really clear about this because panic is a bad, not a strategy. Someone was saying on twitter, is it a falling knife . This is 100 signwayteinways coming at you. And this market is a little bit bigger than we thought. Its only 40 of the gdp but there are some horrifying statistics and these numbers are all phony. 74 of the stocks arent even trading. You cant get out o
And 55 up to malaga, and a secondary area near hammonton and rich land 5 05 and Pleasant Mills 5 18 and around that same time for weymouth. Not severe but we are dealing with severe rain and water on the roadways and that is leading to a flood advisory in this general area, as far south as cedarville and as far north as buena vista and weymouth until 8 30 p. M. , and same for pits grove 1 to 3 inches have fallen and find an alternate route never want to drive through an alternate route west is a powerful low developing near kansas city and st. Louis, this lifts to our north today and tomorrow, most of the day tomorrow is sunny and hot, and late in the afternoon and evening look for a line of storms that pass through the Storm Prediction Center and all points west to State College and a high risk tomorrow and the main threat will be the torrential rain and the possible of strong winds well come back and time the storms for thursday afternoon for you coming up in the full accuweather for
President obamas new round of sanctions, warning that measures would back fire and bring u. S. Russian relation toes a dead end, causing serious damage. As for the russian market reactions, take a look. Stocks in moscow were down sharply in early trading. You can see theyre down by 4. 3 . Later in the show, senator bob corker will be joining us. He is a member of the Foreign Relations committee. Hes been calling for tougher sanctions on russia. Well have more of that coming up. Right now, lets get over to andrew with more of todays corporate stories. Good morning, becky. Ge, former parent of this network, reportedly seeking buyers for appliance unit. It tried to do this back in 2008. It scrapped those plans, though, given the financial environment at the time. Ges Ceo Jeff Immelt promised investors to divert interests that arent seen as core. The company is set to post quart ily results before the bell toll. Well bring thou to you. If you have a dishwasher or a washing machine or you k
Pulled from the suspect vehicle. A bizarre incident at the bay areas busiest airport. A sex scandal involving a San Francisco supervisor. How his romantic affair may have violated the rules at city hall. Reporter were live in santa clara at the home of the 49ers. Well tell you about the milestone reached today at levi stadium and take you inside. Mornings on 2 starts right now. Daughter was in the car. She text her husband saying for the father to come down from antioch. He sped down as fast as he could. Friends and family are mourning the death of a hostage killed after a bank robbery, highspeed chase and police shootout. Were live in stockton digging for details and answers this morning. You can see investigators are still on the scene of yesterdays violent shootout. Ktvus katie utehs is there as well. She has new information on the innocent woman taken hostage and killed and what her family is saying about the way police handled the chaotic situation that unfolded. A lot to cover on
Stadium. Ktvu channel news starts with breaking news. Breaking news on the plane crash in Eastern Ukraine involving a Malaysia Airlines commercial flight. Here is what we know so far an adviser to ukraines interior minister says the plane was shot down over a town in the eastern part of the country. There were reportedly 295 people on board, including 15 crew members. The interior ministers also say that 23 u. S. Citizens were aboard the plane but the state department has not yet confirmed that. Good afternoon, im tori campbell. Ktvus mike mibach joins us with the latest developments that keep coming in on this breaking story. Yeah, tori. Ukrainian Officials Say the crew of flight 17 did not report any problems during the flight. Lets blow up a map of the region. The airline said it lost contact with the 777 about 30 miles from the russian ukraine border. A Government Official said the plane was flying at about 32,000 feet when it was shot down by a surfacetoair missile. Spoking debris