Charles we have a check on the big board, Dow Jones Industrials gaining 200 points last week. But we are pulling back this morning. This could be a critical week. I see it as a continuation from friday. Big games that pulled back, i do say bubble, dont like to use a word, but when it comes to biotech i saw the last couple of weeks the it could start collapg on friday and bio techs collapsed early in this session, starting to pull everything along with it. Circuited nasdaq. It is important to point out where we are right now. S p 500 up 1 on the year. The Broader Market rarely in positive territory. What has been scary to me is when the market does really the past few weeks, charles, it has been led by telecom and utility names. High dividend paying stocks, safe names. You have not seen an aggressive investor out there, which means there is some hesitancy to get in the market right now. Charles they are not going to the sidelines. They are rotating to safety. Another major point is the
4th. Both sides met today with no deal reached. Talks will resume, but not until monday as the clock ticks closer to the deadline. Ktvus Debora Villalon is in oakland after taking the temperatures on both sides. Reporter for 23 days the trains have run, the riders happy, if not completely confident. We have not wasted the time. We have had made progress bart a its two major unions have failed to make a deal. Because the main negotiator isnt there, were talking about secondary type issues, smaller issues, not the big ticket items. Reporter barts lead negotiator tom hoch has been on vacation, and workers mock him by wearing hawaiian shirts and the buses that bart hired to shuttle passengers during the strike were from his company. In thomas hochs Company Stands to earn a penny off of running a Shuttle Service during a strike, that is enough to disqualify him. Reporter to which bart says . If an attempt to take the focus off the fact that we need to be talking about pensions, benefits, an
Closer to the deadline. Ktvus Debora Villalon is in oakland after taking the temperatures on both sides. Reporter for 23 days the trains have run, the riders happy, if not completely confident. We have not wasted the time. We have had made progress bart a its two major unions have failed to make a deal. Because the main negotiator isnt there, were talking about secondary type issues, smaller issues, not the big ticket items. Reporter barts lead negotiator tom hoch has been on vacation, and workers mock him by wearing hawaiian shirts and the buses that bart hired to shuttle passengers during the strike were from his company. In thomas hochs Company Stands to earn a penny off of running a Shuttle Service during a strike, that is enough to disqualify him. Reporter to which bart says . If an attempt to take the focus off the fact that we need to be talking about pensions, benefits, and salaries. Reporter the big issues that put bart workers on the picket line the first four days of july. T
We have a double dose of adorable this morning. Penguins on the march. And this wideeyed owl not shy about showing affection. Gingers worried about the safety of eskimo kissing the owl. Well get to that later in the broadcast. Good morning, everybody. We have a lot happening this morning, including this story out of indiana. Take a look at the pictures. That is a tour bus carrying campers from a Youth Ministry program. They were involved in a deadly wreck. Investigators now asking was speed a factor in this crash . Extraordinary pictures. So many teens injured in that accident. And on a lighter note this morning. And the latest edition of the mom testers feature. Thousands applied, but we could only pick three for you this morning. Were testing some of the wildest as seen on tv products, the results coming up, including a rollie egg master. But were going to begin this morning with dramatic new video and lifeordeath water rescues out of North Carolina where more than a foot of rain fel
Good evening. And tonight, we have breaking news from the storm zone. Look at this. New scenes of utter devastation. Thousands of people still stranded. And at this hour, rescuers still scrambling to pull families out of harms way. Also tonight, a new terror. Can you see that in the water . The bubbling up . That geyser is flammable gas spewing out of a pipe and its happening all across one town. A single spark could ignite everything. And the people there can hear the hissing sound as it leaks. Listen. [ hissing ] abcs terry moran spent the day in that town and hes standing by with the very latest for us right now. Terry . Reporter diane, this is what you see throughout the jersey shore right now. Homes just ripped right off their foundations. This was someones living room. Theres a kitchen back there, a bathroom over here. But look down here. None of the infrastructure of the house is left. Its somewhere else. And that is why the real threat here right up and down the shore is what y