Obtained. The federal Highway Administration gives caltrans the green light to open the bridge by labor day as originally planned. We see no reason to delay opening the bridge to traffic. Those words clear the way for caltrans to install a temporary fix for the 32 busted bolts on the bridge. Caltrans would strategically place them to keep them from moving up and down. The shims are adequately replace the function of the failed anchor rods. The time line, up to a week and a half to install the shims and another 2 to 4 weeks to notify the public, airports, and businesses about the change. That may be enough time to get the bridge open just after labor day. All the while, caltrans will be working on a term innocent fix. Using the saddle you see here to stabilize the bridge for good. Ultimately, it will be up to a three person committee, including the head of caltrans to decide whether to go ahead with the opening around labor day. They are expected to talk about all of this, including tha
Velshi. Back to where it started before the Great Recession, sort of. Let me explain. In may, the u. S. Economy created a solid 217,000 net new jobs. That means you take all the jobs that were created, subtract all the ones that were lost and you are left with 217,000. Employers have added at least february. This is one of the best fourmonth stretches of job creation in the United States since the late 1990s. And mays job gain puts the total number of people on job payrolls at 138. 5 million. 138 and a half million americans are working in jobs that are not on farms. We separate out farms. Now, this is finally above the level that it stood at in january of 2008. Before the Great Recession wiped out 8. 7 million jobs over the course of two years. Its taken us more than four years to recover all of those jobs, making this the longest employment recovery on record, or at least since the department of labor started tracking the data in 1939. That part is not good. Now, here is another reas
Has obtained, the federal Highway Administration gives caltrans the green light to open the bridge by labor day as originally planned. We see no reason to delay opening the bridge to traffic. Those words clear the way for caltrans to install a temporary fix for the 32 busted bolts on the bridge. The fix could be in place by labor day. I think everyones focus right now including people who i have been critical of in the whole process i think its properly focused on safety and getting people off the cantilever, the old bridge on the new bridge, as soon as possible. Reporter caltrans would strategically place 3 thick steel plates called shims in the bridges swiveling bearings to keep them from moving up and down in an earthquake. The shims, the feds say, will adequately replace the function of the failed anchor rods. The timeline . Up to a week and a half to install the shims. Another two to four weeks to notify the public about the change. That may be enough time to get the bridge over j
Largest restaurant chain and what is being done to turn things around. Tonight, on nightly Business Report tuesday april 22. Good evening, everyone, some are calling it a merger boom. Others say it is a tsunami. There has been a frenzy of mergers, acquisitions, and deals in the pharmaceutical industry just in the past 24 hours. The big one today . Novartis, the swiss drug maker announced a series of transactions valued at more than 20 billion that will retool its pipeline. The news comes a day after valiant teamed up with bill ackman to buy for 50 billion. There were hopes there could be a lot more deals to come as some of the biggest names in the industry looked to get out of noncore businesses and focus necessary on promising drugs that could be financial bonanzas for years to come. It started with rumors, a possible astrazeneca. Novartis announced deals with glaxosmithkline and eli lily. It could be a big bid in the 20th century. The deal to buy allergan and the attempting targets l
Largest restaurant chain and what is being done to turn things around. Tonight, on nightly Business Report tuesday april 22. Good evening, everyone, some are calling it a merger boom. Others say it is a tsunami. There has been a frenzy of mergers, acquisitions, and deals in the pharmaceutical industry just in the past 24 hours. The big one today . Novartis, the swiss drug maker announced a series of transactions valued at more than 20 billion that will retool its pipeline. The news comes a day after valiant teamed up with bill ackman to buy for 50 billion. There were hopes there could be a lot more deals to come as some of the biggest names in the industry looked to get out of noncore businesses and focus necessary on promising drugs that could be financial bonanzas for years to come. It started with rumors, a possible astrazeneca. Novartis announced deals with glaxosmithkline and eli lily. It could be a big bid in the 20th century. The deal to buy allergan and the attempting targets l