For that retailer and they are getting optimistic about the holiday season. Lori thank you. Adam hopefully somebody is optimistic. Some bad news may be coming. Management trouble have abercrombie and fitch worried about losing their spot in the s p 500. According to a report, the shares are taking a hit over the last year. Jcpenney shares lost half of their value. Indexes looking to make room for a spi spinoff starting to trade november 2. Lori shares of deere on an upbeat. Expecting construction sales to surge things to the housing recovery and said that will help offset weakness in agriculture struggling. Soft Commodity Prices leads them to cut spending. Adam the message the fed is still pushing to the market. Federal reserve chairman ben bernanke hinting near zero rates even after Unemployment Rate falls below 6. 5 . My next guest says the fed is nowhere near raising rates and shouldnt even be thinking about tapering. Joining us right now to discuss all of this. Congratulations, you
[ barks ] whoo mmm oh, yeah [ whistling ] [ male announcer ] discover your new orleans. Start exploring at followyournola. Com. [ woman ] and i love new orleans im dan ashley. Im carolyn johnson. Breaking news, an explosion in san leandro. It happened near the corner of hisperion boulevard. Lisa amin gulezian is there live with the latest for us. Lisa . Carolyn you can see it it is closed. Chp is directing traffic away from this area. Hazmat is also on the scene. The Sheriffs Department from Alameda County and the Fire Department there is currently in the area, andinvestigating ae investigating down the Railroad Tracks you can see behind me. There was an explosion and a fire under highway 238. It happened around 9 30 tonight. The fire is currently out, but investigators are talking to some people who may have been involved in the fire or seen the fire or have witnessed how it all started. But this is something that is still under investigation. It is still in its early stages. Two peop
The fire is currently out, but investigators are talking to some people who may have been involved in the fire or seen the fire or have witnessed how it all started. But this is something that is still under investigation. It is still in its early stages. Two people did suffer critical burns. They were rushed to an area hospital, but in the meantime investigators will be on the scene for quite some time. Sources tell abc7 that this may have all started near a homeless encampment. We will bring you more as we find out more about this explosion and fire tonight. Reporting live from san leandro, lisa amin gulezian, abc7 news. Lisa, thanks. Our reporting continues now on twitter at abc7 news bay area. Now to our other top story. Back on the court after the nba lays down a severe penalty. M banning mr. Sterling for life from any association with the Clippers Organization or the nba. Had the commissioner not acted, both teams planned to walk off the floor once the ball was in the air. I hope
Information request by Judicial Watch produced the incriminal natures email from rhodes to 12 members of the president s senior staff. The email dated september 14 with the subject line reading prep call with susan states the goal for her National Tv Appearances was, quote, to underscore that these protests are rooted in an internet video and not a broader failure of policy. Press secretary jay carney today struggled to attempt to persuade the White House Press core that this email was not even about benghazi. It was specifically not about benghazi, it was about the overall situation in the region, the muslim world, where you saw protests out seed of Embassy Facilities across the region. This socalled talking appointments around benghazi as you know because its been substantially reported on were prepared by the cia. And in this case, the overall issue of unrest in the muslim world. So then why did the white house hold back this back this email, a document that was originally classifie
Good afternoon. The temporary realignment just went into effect on doyle drive as part of the presidio Parkway Project to add safety shoulders and landscaping. Were at the spot where the crashes are happening. Reporter i wish i could tell you that these were the last i had seen earlier this morning. A few moments ago we saw someone try to do an illegal uturn. They stopped here, made a threepoint uturn to come back around. Another person put their car in reverse to try to avoid going over the Golden Gate Bridge. Lets hope the authorities can put these fixes in place. They put these krails up this morning. They extended the concrete barriers farther out making it almost impossible for drivers who miss the exit to try to cross over busy lanes of traffic. Today was the first true test for commuters with the new exit, a test many failed. Heres some video you will only see here. Here you see a minivan illegally trying to turn right crossing over a fast paced lane of traffic. The driver makes