, going to be very hard. Reporter evacuees at this help tell had to move down stores in the lobby, and then an emergency stairwell. Powers out across the island and there is no timetable forgetting lights back on. Maria have been final blow to the power companys already crumbling infrastructure. We are getting our first look at island of dominica1 of the first stops in the caribbean. The storm turned deadly there and knock out communications the to entire island. People are cleaning up on the island of quadloop where maria also claim lives and damaged home. David begnoit, cbs news, san juan, puerto rico. Cnn reporter got a firsthand look at marias fewer that is storm came a shower in san juan. Reporter take a look around me, you can see limbs, trees that have come down, parts of the roofs, that have come down, and i want to take you up a little bit so you can see these palm trees that are being stripped of their leaves and so far death toll from maria is at nine, for across the caribbe
Jeff bezos is within spitting distance of becoming the richest person in the world. The dow is down by about 20 points below fair value after six sessions in a row of gains. The nasdaq is down by 2. 5. Overnight in asia, well see that the nikkei was down by 0. 6 . Hang seng was flat. As was the shanghai. In europe and early trading this morning, as things get started, most of the markets are weaker. The dax is down by almost a half percent. Cac down by three quarters of a percent. Ftse up by 0. 1 . Markets in italy and spain are weaker. Crude prices are higher after dropping by 5 in yesterdays trading session. Analysts say that extension of opecs production cuts where they agreed to make the extension was already priced in the market was looking for cuts to last longer than nine months or deeper cuts. Neither of those things happened. This morning wti back up by 25 cents. It is below 50 a barrel. A couple big stories were watching. Jim bullard speaking in tokyo overnight and said the p
In the United States. Eamon is covering the action from the white house. Hi, brian. President trump here playing his own good cop and bad cop with the c oreos. We saw the big three auto makers here at the white house today. You remember that back in early january, donald trump tweeted about gm, saying they need to make their cars here in the United States or pay a big border tax. That was received on the receiving end of g mrm, you can imagine, with surprise. The ceos are just getting used to dealing with a president a tweeter in chief, i should say. Look at this moment with mary barra in the white house today. Donald trump sort of playing a little bit of good cop with her here in the white house. Heres that moment. We have a very big push on to have auto plants and other plants, many other plants youre not being singled out, believe me, mary, i promise but to have a lot of plants from a lot of different items built in the United States. And its happening. Its happening bigly. Youre no
Pullback, joe, in what were seeing with the equity market. In a cases biggest decline in a month. We led in with carl saying that all three of the major averages have not closed down 1 . Yep. In a while. Now were threatening to do that today. Zoo fully and fairly valued. Weve said thats where the market is. The right thing to be doing right now is to look at petes world, look at options right now. Theyre incredibly cheap. Put the protection on. I might have bought some russell index puts because i do believe when you look at the marketplace right now, we forget the narrative of the political conversation from this weekend, and we go back to last week, says and you see a currency of a major country, a major economy that has the kind of crash that it did. You have to question if we had a liquidity issue for all asset prices in a correction, and i think the answer to that, scott, potentially is you have to worry about electric widty on the down side here. To your point, if the u. S. Dolla
Doug mcelway is following this from the new york city news room. Hi, doug. Reporter high. Good to see you. Only nine weeks left to fill positions. Pointing Vice President elect mike pence as chairman, replacing new Jersey Governor Chris Christie who is a vice chair. Some see it as a demotion, but one insider says it is not. How can you say he is demoted because you have the Vice President elect of the United States is coming in to washington as the number two person in washington. I think all mr. Trump was trying to do is give governor pence or Vice President elect pence the role he thinks he deserves to have in terms of how hes going to help him run and organize the government. Fox confirmed on Election Night mr. Trump reached out to mitt romney who was so critical of trump in the primary season. While we dont know what the substance was, but it may have lead to this. Best wishes for our duly elected president. All of this is as proceed tests continue outside trump tower and beyond fo