Week . Dave a storm tonight and Tuesday Morning will likely produce heavy rain and locally strong winds. Another strong storm with heavy rain and Even Stronger winds is expected on wednesday. More rain will follow on thursday. Here is the visibility and everybody else is pretty much into the 10 range and here is the radar and satellite picture showing the rain shield and a winter storm warning has kicked off overnight close with all of this going on we miss you lows and to have all of the forecast coming up in just a little bit pam and we have jeff jeff and a shower came through sheer ended rain for 15 minutes and then moved on and it has been that situation all night long and we are in for a wet and windy weather this week white winter rains were on again off again but fortunately most people got the message and were prepared with their umbrellas and rain boots and other rain to hear as most of the day was filled with white showers but featureless storms are expected to pack more of a
male announcer this is the bay area news station, kron 4 news starts now. Pam now at 8. Pam the el nino storms have arrived. And they are packing a punch in the bay area. Pam as a series of storms is set to bring rain for weeks. Good evening im pam moore. We have been telling you about el nino for months. In anticipation of the wet weather it will unleash in california. Pam kron4s Charles Clifford joins us live from the north bay. Where preparations are underway for the rain. Pam but first meteorologist dave spahr is tracking the storm. Pam dave . Reporter a storm tonight and Tuesday Morning will likely reporter produce heavy rain and locally strong winds. Another strong storm with heavy rain and Even Stronger winds is expected on wednesday. More rain will follow on thursday. Reporter as these latest storms move into california, people around the bay area are already dealing with problems that could get even worse in the days ahead. Pam kron 4 Charles Clifford is live tonight in the no
Corporate profits peaked some quarters ago. Capital expenditures are down. Relative to prior years. New Small Businesses are forming at the lowest rate in many years. They cant find the capital to get organized. For those that do have the capital, theres little reason to make big new investments that demand at home and especially abroad just is not there. For companies depending on exports, the strong dollar and weak growth abroad make them less competitive. For companies and countries that depend on the production, sale, and movement of energy and commodities, they saw the bottom drop out of the prices last year. How much lower will they go this year . Most of our businesses would like Nothing Better than to pay their employees more, hire more of them, and provide better benefits. But the current economy and the current Government Policies are making that very difficult. Just one example. Compliance with obamacare is costing companies a small fortune, and it is significantly driving u
There is concern that Government Intervention to prop up the market will fail. Meanwhile, fed vice chairman Stanley Fischer hinted that raising rates has not been ruled out. Mohamed elerian said investors should not count on the fed to ride to the rescue. Market has been conditioned to view the Central Banks as their best friends, so whenever there is a hiccup, people look to the central bank. I do not think this time around the central bank is going to respond. The fed has reason to not do qe4. A new poll shows Bernie Sanders is now with Hillary Clinton and iowa. He has picked up 25 Percentage Points since january. He opened about his growing momentum on cnn. Bernie sanders all over this country we are generating enormous enthusiasm. People do not understand why the middle class of this country is collapsing at the same time as almost all of the new income and wealth is going to the top 1 . Another poll has donald trump in front at 23 , followed by ben carson, ted cruz, and scott walk
Soros relies on his analysis and you will see him at 9 00 this morning. Right now, a little more on what topeveloping and time for stories. A new poll shows that Bernie Sanders has narrowed the gap with Hillary Clinton in iowa. According to a poll, it shows sanders now 33 30 . He has picked up 25 percentage point since january. Sanders spoke about his growing momentum on cnn. Not only in iowa, or new hampshire, but in this country, we are generating enormous enthusiasm. People do not understand why the middleclass of this country is collapsing while the same time all the new income and wealth is going to the top 1 . Erik for the republicans, donald trump is out in front followed by dr. Ben carson, ted cruz, and scott walker. Present obama is getting closer to be no support for the iran nuclear deal. Senator merkley says he will support the deal. He needs three more votes to sustain the veto in killing the deal. The Obama Administration is close to making sanctions for hacking into comp