Adopted the nextgeneration tv needed to enjoy it . And overstock. Com is taking payments by bitcoin. It comes at a time when others are saying no to the Digital Currency. First, to the lead, samsung is ready to up its stakes in its global war with apple. It is about to release a new topend galaxy five s, coming out this spring. It may have eyes scanning technology for the very first time. It will also release an update to its smart watch, and that will be integrated with the phone, potentially. All of this is according to the executive Vice President of samsungs mobile business. This coming as samsung says it is expecting to post a profit dropped in the last quarter. It is the first profit drop in nine quarters. Apple has been taking a bit of a bite out of samsung as of late, and this comes as samsung and apple are going to try to reach a settlement in the ongoing patent fight. A court has ordered the two sides to sit down ahead of get another trial scheduled to start in march. Cory jo
Boom is so powerful, a study says it will boost the income of american households and will create millions of jobs. Get smart, the battle has begun. Samsung beat apple to the punch but with big firms investing big money, what if consumers dont buy in . That tonight for nightly Business Report for wednesday, september 4th. Good evening everybody, im sue herrera in for tyler mathisen. Im susie gharib. The dow posted the biggest gain in more than a month even though investors are on edge about a possible military strike against syria. They were encouraged to buy stocks thanks to robust sales in august. Auto makers posted the strongest month since the governments cash for clunkers Incentive Program at the height of the crisis. The dow jumped about 97 points, the nasdaq rose 36 on the strength of text stocks and s p added 13 points. Now to break down the august sales figures for detroits big three, general motor sales rose nearly 15 , that easily beat expectations. Ford sales rose more than
Im tori campbell. The wildfire near yosemite is burning out of control in the Stanislaus National forest and has grown significantly overnight and is still threatening thousands of homes. We begin with ken wayne at the command post who just spoke to fire officials. Reporter were at the command post where the firefighting effort is being coordinated. Its like a small city. Dozens of vehicles, all kinds of support equipment. What you cant see on camera are tiny flakes falling from the sky. There are ashes, its like small snowflakes falling from the fire burning all around this camp. Here are the latest numbers the fire has burned 16,228 acres. Its just 5 contained. There are two c130s fighting this fire and helicopters and other tankers trying to put this fire out. 858 firefighters are on scene. Thats about 50 more than yesterday. There has been some concern about the Resources Available to fight this fire because there are a number of other fires burning in california and across the wes
You are looking at the scene of a shooting where an offduty Security Guard shot a person he suspected was trying to burglarize a car. Good morning. Im tori campbell. Im dave clark. Lets check weather and traffic. We have mark tamayo today. Steve is off. Right now theres not a lot to show you but we still have a chance as we head into the afternoon hours. As far as the fog, its on the increase. With the low clouds hugging the coast. Santa rosa reporting mostly cloudy skies. Gusty winds out towards the Fairfield Area topping 25miles be a how miles an hour. San francisco not reporting yet. But basically in the 50s. Areas of fog 3 00 this afternoon. Partly sunny and breezy. Once again there is the chance of an isolated thunderstorm by the afternoon and into the evening hours. Still, well be watching it with the forecast for today. Partly sunny skies. Well cool things off from yesterday. Mid to upper 80s. Right around 90 degrees. Forecast highs, these numbers from yesterday. On average, com
Then a showdown between president obama and Russias Vladimir Putin as World Leaders gather for the g20 meeting. Syria tensions dominating those talks. We are live at the summit in st. Petersburg. Simon hobbs is my pattern and hes at the new york stock exchange. Hi, simon. For those of you tuning in, welcome. We have great data today with one small exception. Obviously the economy is front and center as we gear up for tomorrows employment report. We have three separate reads on the labor market, the adp report showing the private sector with 176,000 jobs in august. That figure is very close to the consensus estimate tomorrow of 175,000 job gains, too. Separately we did get a report from challenger that says job cuts since august surged to the highest since february. But the number of americans actually filing for new claims for Unemployment Benefits fell get this to a fiveyear low. And the fourweek moving average is now at levels we have not seen since before the recession. As if that w