Continue tomor this is kpix 5 news just a half hour ago, we got the word. The bart strike will continue tomorrow. Christin ayers tells u about a new proposal the union say could end this strike, but christin, just how new is the proposal . There are some tweaks but not quite enough to get management to agree to get the trains running again. Day one of the bart strike, and the union came out with a plan to end it. This plan would allow us to reach an agreement without going back to the bargaining table, and, therefore, it would allow us to end the strike immediately upon signing. The union offer to take the pay, pension, and healthcare issues that both sides agree on and send the Sticking Point the work rules to independent arbitrator to make a final decision, but in a hayeslycalled news conference, bart management slapped the down. Simply a repeat of the same unacceptable offer they made at the bargaining table yesterday. It is not the same thing. Bart management want it is union to co
male announcer live from the bay area this is the kron 4 morning news. male announcer live from the bay area this is the kron 4 morning news. Kron 4 news at 4 00 a. M. Starts now. Good morning it is monday december 1st. Were taking a look at outside from our roof camera here on van ness ave looking at San Francisco. Watching weather and traffic on this new years eve will be checking in with erica in just a few minutes but before we get to erica let us talk about the fiscal cliff we are in the final hours from keeping lawmakers from going over that so called fiscal cliff. Economist there that the combination of automatic spending cuts and tax increases could trigger a new recession. And spencer explains how negotiations today must now overcome a major setback. There will be part of it that i find disgusting rest principle which i may have to swallow in the name of compromise. Be a rare session on capitol hill. The senate will come to order. As lawmakers try to avoid the socalled fiscal
Good morning george. Good morning erica it is not a surprise were getting some reports of icing in the east bay. Arrow that is very oftentimes one of the worst in the first report black ice is san paolo and dam road west of bear creek road. There is an accident there already. It is suspected that eyes on the roadway may have been the cause. In terms of traffic on the freeways is like. Here is the bay bridge toll plaza we are seeing a rush of traffic. A four few more cars and weve seen but still light conditions for all of the bay area regions. Light traffic for highway 4 interstate 580. Thank you george knew this morning to people are in hospital after to alarm fire in San Francisco. The fire breaking out about 1 00 this morning. Let us turn to Jackie Sissell live on the scene. Pg e crews are live try to fix a gas line that was structured during the fire. You can see them duo ing the password. It looks to be destroyed from the fire. The fire broke out around 1 00 this morning and went
Funds are go going to go out of business, theyre nuts. They know nothing i always like to say theres a bull market somewhere. Hey, im cramer. Welcome to mad money, welcome to cramerica. My job is not just to entertain, but to teach and to coach you. So call me at 1800743cnbc. May 2013 be as good as 2012 for you in the stock market. Thats what i found myself thinking all day, in spite of todays incredible action, best day in over a year of the. The dow soaring 108 points. The nasdaq rockets 3. 07 , i feel like im surrounded by people who are already fretting about the next big bad thing. This time its the debt ceiling fight. Theyre worried eem as it seems the market has a tremendous case of sellers remorse. Theyre scared. Even as it seems those who fled the market year end are in their buying and buying the same stocks we sold. When we looked certain to plunge into the fiscal abyss. How else do you explain how we got the best first day of the year for the s p since 2009 . Lets take a mo
Northwest of chile. We have a live feed of a broadcast happening right now on the coverage in chile. The earthquake hit in an area rocked by a swarm of quakes in the last two weeks. No reports of any damage or injuries. We learned that u. S. Officials have found no threat of tsunami along the coast of alaska, california or oregon. We will have the latest developments for you on tonights 10 00 news on ktvu channel 2 news. Here at home, we are on storm watch as a mixture of rain and win and hail rose to the bay area. Heavy on San Franciscos ocean beach where you can see hail pounding a partly flooded parking lot. Rain slowed the evening commute and giving you a live look on traffic interstate 80 in berkeley. We can see here that it is slow and it does appear to be moving in both directions. We have live coverage on the storm. Our noah walker is live in marin county where farmers could not be happier. Latest on the conditions in the weather center. It was a messy evening drive home. I can