Percentage point dax is slightly weaker, relatively flat as is the cac. Crude oil prices, crude Oil Yesterday was flat ended up by two cents this morning another 44 cents 55. 35 so wti above 50 a barrel. Back to the markets in a moment first the latest developments on Hurricane Maria. The hurricane making landfall on the island of dominica as a category 5 storm it is now weakened slightly within the past few hours to a category 4 thats the good news forecasters warn that maria could reach strength as it nears the Virgin Islands, puerto rico also in marias cross hairs. You know, when these hurricanes come, they come. This come in waves we are also following developing stories out of Southern California overnight a magnitude 3. 6 earthquake shook parts of los angeles it happened at 11 20 p. M. Local time dren residents as far away as costa mesa felt the rumble joseph, why never heard of costa mesa i called it so ed ied it cos, im mesa. Im a messa in the morning. Look at my script its thi
Youll understand why were playing that music in just a minute welcome to power lunch. Im michelle carusocabrera. Stocks carving out small gains the dow hitting yet another record high. Lets take a look at the benchmark tenyear note. The yields there hitting their highest levels since mid august. Right now the 10year yield at 2. 24 . Some of the stock movers, sprint and tmobile, both soaring our david faber reporting the two were in active talks about a merger again going the other way, however, best buy shares are tanking about 9 . The retailers outlook falling short of expectations. Were going to head live to the investor meeting in just minutes from now heres some other news happening at this hour cnbc confirming reports that the senate gop is looking at a tax cut that would total between 1 and 2 trillion. And are cereal and sausage the investing breakfast of champions . The company post hopes so because its buying food maker bob evans for 1. 5 billion and its prime time for kohls in
Get west of the metro. That is where the fog and the coolest temperatures are. 5 now for leesburg, la plata. A cool 60 from andrews and easton. This afternoon looks really nice. Winds not too bad. Afternoon temperatures from 7 on the bay in annapolis to 84 here in washington. Heres whats in the news right now. An american journalist held hostage for two years in syria has been freed. Days after isis militants beheaded james foley. President obama said the u. S. Will use all of the tools at its disposal to free hostages. Sundays quake was the worst to rattle the San Francisco bay area. More than 170 people were hospitalized with injuries. Some of them are in critical condition. Gusty winds and dry conditions are trying to gain ground on a fast moving wildfire in addition to homes. 18yearold marquis meadow was a freshman lineman at morgantown. Two weeks ago he became dison the other hand and fainted during a workout. Meadows condition got worse saturday and he suddenly passed away. More
Senators San Francisco home. Yees political future could be out of his hands this morning. Reporter yeah. It could be a matter of a few hours, michelle. As far as we know, though, senator yee is still inside his home right behind me. He hasnt made any public appearances since leaving the federal courthouse on wednesday and kpix 5 has learned that yee is fighting to keep his job. He isnt resigning. He despite calls for him to step down. Now, according to a capital source familiar with the discussions, yee told Senate Leaders that he wants to take a leave of absence but he hasnt formally requested that paid leave just yet and a spokesman for Senate Pro Tem Darrell Steinberg said he couldnt confirm those conversations but he did say wednesday steinberg offered only two options for yee, resign or be removed. Leave. Dont burden your colleagues in this Great Institution with your troubles. Leave. Reporter meanwhile, yee no longer a candidate for state office. His attorney announced the senat
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