Stock markets. The sharp downturn in china not slowing down. And the main index in shanghai losing more than 7 1 2 today, tokyo down 4 nearly and whats ahead for today for u. S. Investors . Abcs bazi kanani has more. Reporter a hopeful sign for many asian markets this morning up or recovering, but not the chinese market, still tumbling. Which is what led to this, the dow plunging more than a thousand points on monday before rebounding to close down at nearly 600 points. Its going to be a volatile week, a lot of up and down. Reporter traders bracing for the week ahead still fearing the slowdown in china and that perhaps a u. S. Stock slide is overdue. The market has gotten ahead of where the actual economy can. Reporter but the white house believes the longterm strength of the u. S. Economy is what investors should focus on. U. S. Businesses over the last 6 months have added 13 million jobs, the longest sustained private sector job growth streak in history. Reporter despite anxiety, no
Good Tuesday Morning to you, im reena ninan. And im phillip mena. Breaking overnight, another terrible day for some overseas stock markets. The sharp downturn in china not slowing down. And the main index in shanghai losing more than 7 1 2 today, tokyo down 4 nearly and whats ahead for today for u. S. Investors . Abcs bazi kanani has more. Reporter a hopeful sign for many asian markets this morning up or recovering, but not the chinese market, still tumbling. Which is what led to this, the dow plunging more than a thousand points on monday before rebounding to close down at nearly 600 points. Its going to be a volatile week, a lot of up and down. Reporter traders bracing for the week ahead still fearing the slowdown in china and that perhaps a u. S. Stock slide is overdue. The market has gotten ahead of where the actual economy can. Reporter but the white house believes the longterm strength of the u. S. Economy is what investors should focus on. U. S. Businesses over the last 6 months
Would cut off nighttime service in their neighborhood. Instead police are going to place a cruiser in the neighborhood around the clock. That detour went into effect saturday night. Police say it was a temporary detour because of several security related incidents including a shooting that happened friday night where a man that was simply sitting on a bus was hit by gunfire. They are angry that bus service was scaled back. Many would have to walk a mile and a half to get to the closest metro station. Earlier today, pat collins was able to speak to bowser about this detour and she inld kated that she did not know this was going to happen. What does that say about the violence in the city . They have been talking about that for years. Sunt that send a bad message. Obviously they were on the scene, aware that there was no clarity of when this detour was taking place. You will hear from them coming up news 4 at 5 00. Back to you. This is chris gordon in annapolis where the states attorney
High pressure isnt moving. So we are going to see our heat continue through the end of the week. By the time we get to the weekend, expect some cooling at the beaches. Heres a look now. Concord just bumped up to 60 degrees. Oakland 58 at the moment. Livermore 55 degrees. So a lot of cities broke some records yesterday and today, well be very, very close. A couple of degrees cooler than yesterday at least. So near recordbreaking for inland areas. Sunny and dry across the bay, temperatures in the mid80s today. And then even 80s at the beaches. We are starting off with a deadly crash, rough start to the wednesday morning commute. Northbound 101, two lanes closed approaching 12 in the north bay the connector ramp to highway 12 shut down as well, emergency crews on scene. As you can see, the speed limit speeds are going around 55 Miles Per Hour at this time. A bit slower than usual but not much of a backup. Bay bridge toll plaza, heres a live look, 880 580, the maze and you can see no major
Has been criticized for its workplace environment. Back in june, sam singer a crisis manager had this to say about uber. Its a wonderful, incredible invention thats brought convenience to everyone. On the other hand, the management of the company is disastrous and needs to change. Reporter similar lawsuits to the one these two engineers filed have been filed against other tech companies. The information says three women sued oracle in august for allegedly paying them less than men and in september, three women who worked at google sued them for alleged pay discrimination, as well. The tech news website says this Complaint Centers around the california equal pay act which prohibits paying employees less than the opposite sex or different ethnicities and racist for, quote, substantially similar work. In the newsroom, jackie ward, kpix 5. What is uber saying about these allegations . Reporter they are not commenting on the lawsuit this morning. But they did want to point out that back in