Swept into a creek. Thunderstorm pounded San Bernardino county yesterday. Flash floods caused mudslides and debris cut off access to many roads. More than 2,000 people are stranded including a group of 500 campers. The Rushing Waters caught many by surprise. Our cabin was you open up the door and just take a step out and it was like a river right outside. So im going to go back and pull everything out. Hopefully its not full of water. The storms dumped up to 4 inches of rain in the mountains. Meanwhile wildfires continue to burn in the west forcing people from their homes. 14 wildfires were burning in central and Northern California this weekend. Theyre among the fires already burning in oregon and washington. Firefighters say a fire in bernie, california, destroyed at least eight homes. Meantime washington is battling the worst wildfire in history. People had just moments to escape the flames. It was a wall of smoke being blown this way and it was fast. It was incredibly fast. Dry con
Annemarie green. Rushing waters and mudslides kill add driver who was swept into a creek. Thunderstorms powered San Bernardino county yesterday. Flash floods caused mudslides and debris cut off access to many roads. More than 2,000 people are stranded including a group of 500 campers. The Rushing Waters caught many by surprise. Our cabin was you open up the door and just take a step out and it was like a river right outside. So im going go back and pull everything out. Hopefully its not full of water. The storms dumped up to 4 inches of rain in the mountains. Meanwhile wildfires continue to burn in the west forcing people from their homes. 14 wildfires were burning in central and Northern California this weekend. There among the fires already burping in oregon and washington. Firefighters say a fire in california destroyed at least eight homes. Meantime washington is battling the world wildfire in history. People had just moments to escape the flames. It was a lot of smoke being blown
We are. We got a papal disconsent im sue herera in for kelly evans. Kelly will be back on monday. Were watching a market that is having a rough week, as you know. Its been very volatile, but its trying to end on a positive note, and if it closed right now, it would be positive. Well take you through the final hour of trading. Plus, we have these stories also ahead today. Is the consumer sick or are some retailers, though, using them as an excuse, as they might do . Right. Are they blowing it . Are the consumers doing the weather . Theyre pinning their problems on the shopper. We dont know if thats appropriate or not, but were going to debate it. Rentacenter, the Container Store, walmart, all of them saying consumers are hurting them and their bottom lines, but is that legitimate . Were going to take a closer look at that. Ah, yes. Meanwhile, wells fargo, the nations biggest Mortgage Lender. So, when its newest chief Financial Officer said in an interview people are just not buying home
We are live at bloomberg headquarters in london. I am guy johnson. And i am olivia sterns. We are going to get into our top story. It is a big tobacco deal. Imperial tobacco confirmed that it is in talks to buy some major u. S. Cigarette brands. Could spend 7 billion on the acquisitions. Lets find out. Caroline hyde has been tracking the story. We have a merger taking place in the states. The regulators are going to want them to spend some out. They have some interest. Exactly. Have speculated on since the initial share sale of logista. Today, they will raise about 4 Million Pounds. Everyone wondered what they would do with this money. Will they invest it or pay down some debt . Could be could they be putting some of this money into these American Assets . They said yes, they are eyeing certain brands that would likely have to be disposed of between reynolds and lorillard. They are looking to form the secondbiggest player in the united states. It will be the biggest m a deal ever in th
Israel helton brokering a ceasefire as the death toll in gaza rises. Reports suggest lebanon has now fired rockets towards israel. The world cup winner will be revealed this weekend, but who won the sponsorship battle . Were joined by the ceo of puma later in the show. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. A warm welcome, again, to worldwide exchange. What a difference a day makes. You can see losses in the gainers in todays session, seeing a bit of a bounce across the european markets. Stoxx europe 600 up around 0. 4 in the markets today. We closed on the day yesterday by pulling back some of these gains today. Remember it was a confewence of factors, weaker Industrial Production from italy, weaker Industrial Production from france. We also saw peripheral spreads in the 10 basis points. Weve taken back eight basis points of those stable trading, specifically under the 400 levels. We have seen a bleeding out of some of those spre