The fairytale of Leicester City or Claudio Ranieri, as the manager who masterminded the most unlikely of premier League Titles is dropped by the club. Good morning. After weeks of Front Page Campaigns and political protest, the government has promised help for thousands of Companies Facing sharp increases in the amount they pay in Business Rates. Storm doris brought us near misses like this, and disruption to roads, rail and air travel. As many people try to complete their journeys, nick has the details on what the weathers going to do next. Yes, good morning. Storm doris is gone. It is cold and calm this morning. Many places will be dry. It will turn letter later. It is nowhere near as nasty as storm doris. I will be back with the full forecast. Good morning. First, our main story. A truly historic victory the words of new conservative mp Trudy Harrison after taking the labour seat of copeland in last nights by election, the first gain by a Governing Party since 1982. In the nights ot
In those areas no homes were damaged. Only one house was threatened and only three people were evacuated. Thats because many of the homes in those areas are vacation homes. Calfire mentioned, with the winds dying down and cooler temperatures, they say they were able to contain the fire much faster than usual. Theyre prepared for anything. Conditions are favorable from now and throughout the next few days. However, the patterns this time of year in the fall shift from moisture coming on shore to offshore winds warming things back up. So were going to be in that flux until we get significant rains. Here is video from the morning briefing this morning. About a dozen firefighters were here. Close to 200 firefighters were brought in to battle the brush fire. The cause of the fire is still under investigation but calfire tells me they hope to have more information on the potential t the in the next few days. Live in yountville, pete suratos, nbc bay area news. s home, in the last 15 minutes
Good morning. Im wilfred frost alongside Courtney Reagan in for sarah today. Good friday morning to you. We made it. Its friday. Nice friday song in the background for us. Sarah will join us later this hour with a preview of her exclusive interview with treasury secretary jack lew. She canceled todays holiday for this interview. Well worth it. It shows shes willing to cancel a days holiday for jack but not me. Try not to take it personally. I cant, its impossible not to. All of our viewer also watch that later starting from later this hour at about 5 45 today. Lets check in on markets at this hour. Yesterday was a disappointing day for markets. Down about a quarter to a half percent yesterday. We came off the lows for the day. The week as a whole, the dow down about 1 . Yesterday the banks were the worst performers. As you can see, we expect a bounce this morning, relatively small bounce. The dow called higher by 41 points. The s p 500 by 3 1 2, the nasdaq by 7 points. The tenyear trea
And spain and france. Strong gains across europe. And look at crude, which is set for weekly gains, up by 1. 25 on the week. Showing just about that gain today. We got surprising inventory builds yesterday. Traders seem to be taking in stride. The u. S. Treasury department issuing final rules to crack down on those tax inversions. Thats when a company is acquired by a smaller foreign business in a low tax country to avoid paying the higher u. S. Corporate tax rate. The new rules crack down on earnings stripping when the u. S. Subsidiary avoids taxes on domestic operations by sending them overseas as tax deductible payments. Got that . Sara eisen does. This is clearly becoming a signature issue for the treasury secretary, for this administration. And what he issued yesterday were new rules to crack down on tax avoiding companies. This earnings stripping strategy, its a common practice by inverted companies, they use the u. S. Subsidiary to issue loans from the Foreign Company that are t
Campaign promises delivered. Hooray for capitalism. Now these feelgood stories inspire even the most hardhearted cynic, and its even better news when its the result of comprehensive tax reform that drastically lores the corporate rate. But is there more to the story than meets the eye . Possibly. The state of indiana is giving United Technologies 7 million in tax breaks. Some might call that a government subsidy. And since president elect trump highlighted the carrier closure as the company sought greener guacamole in mexico, critics say hes cherry picking a winner. His supporters say, well, youve got to start somewhere. If youre lucky enough to land in the cherry pie, that is fantastic. But if these magical subsidies are rare as raw steak, it doesnt do much to change the Business Environment in this country to make it more hospitable to growth. And who knows who lands on the lucky list. Government shouldnt be in the business of picking winners and losers like so many numbers on a roul