Earliest investors. Plus, fedex drops amazon. The delivery giant will not renew their ground delivery contract with amazon as the online retailer expand in its own logistics and shipping gain. We will talk to one of the Founding Members of fedex ground. And, new phones, new features. Samsungs first look at the new galaxy note 10 and 10 plus from its brooklyn event in new york. Weve got all the details. A rebound in tech shares helped fuel recovery in u. S. Equity markets. The day started wednesday with an ugly open as traders hit the eject button without any clear catalyst. But an early turnaround in names like broadcom, apple, helps erase losses among major indices. ,nd speaking of Broadcom Symantec surged in after hours trading on the news, up as much as 20 . Field the gains the s p largest seen since last year. The nasdaq closed in the green, while the dow was fractionally lower. Joining us to dissect the moves is our senior markets editor. Talk to us about broadcom here. The report
Drive global trade. Problem. Ids, a the vast majority of children are not watching. The Smartphone Market taking a huge hit in the trade war. Apples iphone could be seen weaker than expected demand, especially in china, and huawei gave a doomsday estimate for smartphone sales. The company is ready for a drop of up to 60 in International Smartphone shipments. Founder expects to revenues by 30 billion to slash revenues by 30 billion over the next few years. International shipments that go outside of china account for about half of Huawei Smartphone sales, and that is a chunk. He talked about the revenue hit. They dont want to resort to mass layoffs, they dont want to sell off parts of the business, and they dont want to reduce research and Development Spending it people close to the spending. People close to the situation tell me they have been looking for that dropoff in smartphone sales. This is something weve been talking about, talking to partners, customers across europe, saying the
Youtube kids, a problem. The vast majority of children are not watching. The Smartphone Market taking a huge hit in the trade war. Apples iphone could be seeing weaker than expected demand, especially in china, and huawei gave a doomsday estimate for smartphone sales. The company is ready for a drop of up to 60 in International Smartphone shipments. The huawei founder expects to slash revenues by 30 billion over the next few years. International shipments that go outside of china account for about half of Huawei Smartphone sales, and that is a chunk. He talked about the revenue hit. They dont want to resort to mass layoffs, they dont want to sell off parts of the business, and they dont want to reduce research and development spending. People close to the situation tell me they have been looking for that dropoff in smartphone sales. This is something weve been talking about, talking to partners, customers across europe, saying theres a dropoff because people dont know what will happen
Toll rising and the flames reaching containment. But first, u. S. Attorney Merrick Garland is appointing a special counsel to investigate hunter biden who he is named and why the case is now taken this turn. From the bay station, youre watching kron. And news. Thank you so much for joining us here on kron. 4 news at noon. Im Justine Waldman and we start with some breaking news as u. S. Attorney general Merrick Garland is appointing a special counsel to investigate hunter biden. Garland says he is naming david weiss as the special counsel. Why says the u. S. Attorney in delaware who has already been probing the business dealings of the president s son. And this is coming after a plea deal broke down last month and a tax and gun case against hunter biden. So heres what the attorney general said just moments ago. Tuesday of this week, mister weiss advice me that in his judgment, investigation had reached a stage at which he could should continue his work as a special counsel. And he asked
Doesnt sound so good. So you got to choose wisely as youre getting outside this morning, comfortable for cool weather lovers and thats courtesy of all this fog that youre seeing right there next to me, this is in the east bay hills. Were not getting much of a view. Were still seeing that low cloud cover aloft that is resulting in some mist drizzle nearly coast in the north bay and up in the east bay hills. But well see less and less of this gradually through the day and temperatures will rise now. Right now its 60s a pretty comfortable range for sure. Brownwood sitting at 65 alameda, dublin, Fairfield Beach at 62. Well, some 50s and foggier spots like san safin timber run later on today. We get warmer. Its going to be a warmest inland, not too bad. Just yet those 90s, though theyre returning into tomorrow and sunday. And ive got that wrapped up for you and your forecast rain. All right, john, thank that we had a busy morning today. They bridge look at that 14 minutes there. San mateo b