Bill ackman taking 5. 5 in mondalez. Those subscribers worries that originated with disney. A trio of stocks tesla, Green Mountain and fitbit, hit hard. Our top stories are mondalez shares spiking. Bill ackman disclosing that 5. 5 billion shake in cadbury. They welcome Pershing Square as investors and will continue to focus on executing our strategy as we look at another sector where mass sick consolidation is the play. We have been through airlines and health care. Now, it is food. We can remember that nelson felts has a 2. 9 stake. I have to turn to you, david, with more than 10 being held by you. I have to expect that. Thats got to be the expectation in terms of the play for ackman jim. You and i have talked behind the scenes about what it was going to be. I have been chasing this for some time as many have. I have probably put on alert more bankers than we know about. I thought, what could it be what could it be . I dont think any of us would have expected it would be mondelez. The
Thats important right now. But im thinking about whats going to happen next. Reporter after firefighters put out the flames, they found a badly burned body inside the back unit where deputies tried to serve the eviction. Thats the hurtful part about it, you know, uhm the intent to hurt others because youre not where you want to be in your life. Doing Something Like that could like it comes from crazy people. Anyone who not just anyone is going to do Something Like that. Reporter you can see the force of that explosion. That door is one of the doors taken out from this building. As for the two families now left homeless, the red cross is helping them this week. But they dont have any Long Term Solutions for those families. Live in west oakland, im da lin, kpix 5. This isnt the first time an eviction has turned violent. Back in september 2013 an eviction sparked a shooting and fourhour standoff in contra costa county. When two sheriffs deputies went to serving the eviction near san ramon
Making plum brandy. Those people that stay i understand how stressful and they are scared and have everything they own. The problem is, is that when they decide, its a decision they make to stay, it endangers us because its our duty to protect lives and property. So it creates anxiety for us. Reporter these firefighters they are prepared to put it on the line. Keep in mind they have been out here more than two weeks. And, you know, they are pretty exhausted. They are working 12 hours at a time in some cases 24 hours at a time. Then 24 hours off. They are still at it. This fire continues to grow. Its going over some of the major roads and approaching some of the areas that in this area we were told this was a safe zone. The fire doesnt care. Its still moving in. And, you know, for those folks who are still in there, in these homes, they are putting these firefighters at risk to some degree but so far, none of the homes have caught fire. Thank you, joe vazquez reporting live from lake co
Result in another tragic incident like we saw in louisiana where two women died after a gunman opened fire at a showing of trainwreck. The idea of it comes across your mind in a movie theater. Reporter she still plans to watch the film in theaters but as for security on hand at this movie . Maybe this shouldnt be the only movie that requires security. They should look at all films. Reporter now, we dont know which theaters have partnered up with universal for this offer but we did reach out again like i mentioned to amc and they say understandably during this time or during these types of events they dont release their security details. Live in San Francisco cate caugiran, kpix 5. Police are questioning four people about a prank that set off a panic inside a Newport Beach movie theater. The suspect started up a leaf blower during a sunday night showing of the gift. Moviegoers thought it was a chainsaw and ran for the exits. Three people were hurt in the stampede. One woman is dead anot
Already one of the highest in the country . Revenues are already being paid by motorists and make sure thats nailed down before we talk about taxes. Reporter republicans want guarantees the gas tax money wont get siphoned off for other programs. So the voters have confidence that that money will actually be going the way its intended and not borrowed. Were getting close. Were within a few votes. Of 12 cents a gallon . Yes. Reporter as for the voters either were going to pay it or theyre going to stick it to us anyway. She has a point there. The recent study shows if you resurface the road, you spend 1. If you leave it alone and it continues to crumble, it can cost up to 20 to fix. Thats what california has been doing. Using the money for the roads for other programs during their budget crunch years and thats why republicans want assurances. Drivers do to. This time if the tax goes up, it actually does go where they say its going to go. In emeryville, phil matier, kpix 5. Lawmakers are