Nightly Business Report for friday, january 3rd. Good evening. Welcome. Im tyler mathisen. Sue is off tonight. Wall street levitated into the weekend. Stocks got a big lift on what investors see as gifts from washington. First regulatory rollback. The white house took the first steps to scale back rules put in place after the financial crisis to govern bank behavior. Those rules criticized by bankers as too complex too, restrictive, aimed to keep taxpayers for becoming the ultimate back stops. Then there was a wide ranging and clearly friendly discussion between President Trump and u. S. Top business leaders. Add to that a strong month for job crease and boy, do you ever have a recipe for a triple digit gain. The Dow Jones Industrials rose 186 points. Back above 20,000. Nasdaq closed at a record high of 30. And the s p 500 added 16. Meanwhile, back at the white house, those first deregulatory steps came in the form of an executive directive. President trump signed actions, signed an ac
Leaving two people dead. Elliot county city cars went down main street. People had to form a human chain to rescue a driver strapped in his car. Rushing water carved a ditch into the street. One official says every structure on main street was damaged. Were going to turn to the latest on the deadly balloon crash in texas. New video shows the heart of texas hot air balloon 7 00 saturday morning. It crashed over farm land about 45 minutes later near a row of high tension power lines. The ntsb says weather conditions at the time will be one focus of its investigation. Cloud cover, the visibility, and the winds, but well be looking at the temperature to see if the temperature e the density altitude may have identifying the identity of the bodies are a long process. Theyre confirming 16 people were killed. A scary situation is playing out for the nypd. Someone has been taunting officers. Apparently using a lost or stolen police radio. Eyewitness News Reporter aj ross is live in midtown with
Remember the iphone you bought last year . It was the coolest thing you ever put on your face . Well, as of 12 00 this afternoon, your phone sucks now. Apple introduced the new iphone. Tich phone 7 today. I have to say i should have seen this coming. After the iphone 6, of course they would come out with an iphone 7. Apple ceo said it was the west iphone weve ever made. I hope so. If it out . The coolest part of the new iphone, it actually rolls its eyes whenever someone passes by with the old one. If you missed it, heres part of the big announcement from san francisco. I would like to invite my colleague phil up to the stage. Phil . [ applause ] hi. How are you . This is the new iphone. It has no head phone jack and and thats kind of it. Okay. Bye. Jimmy short and sweet. I dont know if this water resistant things a good idea for apple. They do realize half the reason people even get new felonies to is because they dropped the old one in the toilet. If they ever make them shatter proof
Remember the iphone you bought last year . It was the coolest thing you ever put on your face . Well, as of 12 00 this afternoon, your phone sucks now. Apple introduced the new iphone. Tich phone 7 today. I have to say i should have seen this coming. After the iphone 6, of course they would come out with an iphone 7. Apple ceo said it was the west iphone weve ever made. I hope so. Out . The coolest part of the new iphone, it actually rolls its eyes whenever someone passes by with the old one. If you missed it, heres part of the big announcement from san francisco. I would like to invite my colleague phil up to the stage. Phil . [ applause ] hi. How are you . This is the new iphone. It has no head phone jack and and thats kind of it. Okay. Bye. Jimmy short and sweet. I dont know if this water resistant things a good idea for apple. They do realize half the reason people even get new felonies to is because they dropped the old one in the toilet. If they ever make them shatter proof, it w
Now from abc7, live breaking news. And that breaking news is from the south bay where San Jose Police say this man is the one who has been terrorizing innocent drivers all summer long. Good evening and thank you for joining us. Im ama daetz. And im larry beil in for dan ashley. San jose Police Arrested the gunman opening fire at occupied vehicle. Ama lets get to katie who is live in san jose with the breaking details. Katie . Reporter ama and larry, people who drive in this area on blossom hill road can maybe breathe easier tonight. Since may someone has been shooting at people in cars here. It happened at least 10 times. Tonight a suspect is in custody. The San Jose Police departments covert Response Unit arrested this man. 30yearold Michael Lewis of san jose. He will be booked on four counts of attempted murder. Police actually arrested lewis on august 14th on unrelated charges as they were investigating these shootings. As they followed up they got a warrant and searched his house.