And a good wednesday to you. Reporter police arent thanks for joining us. Saying a lot about the im marcus washington. Investigation but weve seen them looking around for evidence and im laura garcia. Well get to the morning commute with flashlights. With mike in just a moment. Just to tell you where we are, first lets check in with kari. South eighth and reed street not before we get to that too far from san jose state. Wait, look at this. We are right next door to one of its the hurricane. Absolutely. The fraternity houses near you can see the reporter campus. This was the scene around 10 00 standing in the midst of that when officers arrived in this hurricane. Were being told this is a neighborhood. They found five people shot, two hurricane 2 as it made landfall of them died here at the scene, early this morning. As you can see those winds are the three others are at an area strong, shaking the sign there. In the hospitals. The reporter standing there but you can see how strong the
Return of its boeing 737 max from its schedule until mid january thats longer than any other u. S. Based airline american had previously planned to fly the model by early december the federal Aviation Administration has not said when it will allow airlines to operate the jet it has not been flown since march after 2 fatal crashes within months of each other boeing has developed a software fix for a malfunctioning Flight Control system u. S. Authorities have yet to approve it. And lets go to our financial correspondent in new york he ends quarter for more on this boeing stock doesnt seem to be too affected by this decision today despite the cost of the company could incur from this grounding whats Investor Sentiment about the company right now. Well i mean the 737 machine than the 737 series in general are the best selling planes for boeing yes there are delays yes there will be a loss you would say yes there have been some possible cancellations from customers but overall and analysts
There. One is the regular commute at the bay bridge is getting busy if you are coming up on 6 00. We can go to the bay bridge and you can see that traffic is going to be busy which is very typical. I want to tell you about it anyway. Then we have to go to the far east bay to the byron area because there is a grass fire. Camino pablo. There is one way Traffic Control in the area. If you take bascom road you will see it and its going to add to your delays getting out of the byron area. If you are driving out of the tracy area you will see that traffic here is going to be okay if you are driving through. I want to mention on the Golden Gate Bridge approach, southbound 101, there is a crash just outside the Robin Williams tunnel. Southbound onetoone traffic is slow and if you are coming to the Golden Gate Bridge need to add an extra 10 or 15 minutes at least. Lets go back to the desk. Today marks 30 years since one of the most devastating earthquakes hit the bay area or in this country for
Hours after the fall of the berlin. Summer night. Boeings money maker cant seem to take off again concerns over the still grounded 737 max growth as a Major Airline cancels more flights with the aircraft through for the next year well have the details. Also on the show is the fossil fuel economy on the brink of collapse u. S. Economists and all the Jeremy Rifkin thinks so and tells us how a greener economy is already in the making. This is your Business Report im stephen bears him to lead thanks for joining us. American airlines is delaying the return of its boeing 737 max from its schedule until mid january as longer than any other u. S. Based airline american had previously planned to fly the model by early december the federal Aviation Administration has not said when it will allow airlines to operate the jet it has not been flown since march after 2 fatal crashes within months of each other boeing has developed a software fix for a malfunctioning Flight Control system u. S. Authori
Unreasonable. Ev price wars back on. Tesla cuts price on some models in china the American Consumer just continues to spend andnot just on the essentials. Latest figures from mastercard it is the latest on monday, august 14th, 2023 of t you are watching Worldwide Exchange here on cnbc good morning welcome to Worldwide Exchange. Im dominic chu in for frank holland. Lets check on the futures it is on the Positive Side of things dow implied higher by 33 points. S p implied higher 8 nasdaq is 46 points of the dow riesing in the last fou of five weeks. The tech sector has been stumbling. Nasdaq with the pullback of 4. 5 the worst stretch for the index going back to december of last year checking on the bond market. Yields in focus. 4 level in key. We are there for the 2year treasury or rather the 10year treasury the 2year treasury is 4. 9 . A bit of a pullback on the longer end 30year treasury is 4. 26 . In energy, oil prices are still a little high. 80 for u. S. Benchmark wti down. 50 . Si