At 7 a. M. Only a quick isolated of boston. It does not look all that wet during the morning hours. Most of our rain comes in after noontime. Notice by noon, in the middle 50s where we spend most of the day. Best chance of a middle of the day shower worcester up to nashua westward. When they get into the afternoon and by 4 p. M. The steadier rain knocking on the door in boston. Still not heavy yet. I will take to some of the overnight downpours in a few. 54 to 60 as you get ready. Those are your afternoon highs. Mostly dry morning and steady rain moving in later tonight. Here is Julie Grauert is live drive time traffic. Work, julie. We will take anything that make our drive easier and run with it. Good morning, shiri, everyone. Route 1 looks good. Pike moving along fine from the weston tolls to the allstonbrighton area. Breaking of brighton, a handful of cars. Life drive times. 1 minutes on the pike from the weston tolls to the ted williams. Eight minutes on the expressway from the bra
Shiri good morning, everybody, breaks if the clouds and sunshine fix this morning in boston down to the south shore, cape and islands, i think the best part of this morning weather is the fact that we got 40s on the map instead of the teens and 20s yesterday. Clouds are thickest and better chance at 9 00 this morning, quick sprinkle and light passing shower and worcester and fitchburg, autopsy nashua, New Hampshire and westward, most of eastern massachusetts stays dry today. Theres just a slightest risk that youre going to get a shower out toward boston any time before 2 00 this afternoon, noon time temps in the lower 50s, about 54 here at 4 00 p. M. And we have also got the steadier rain just approaching boston so by the evening commute we will have those rain showers in place. 54 to 60, mostly dry this morning, im going to time out the heaviest of those rain showers coming up and first Julie Grauert with live drive time traffic. How are things shaping up right now . Julie problematic
Rate decision. I was talking to michael mckee, the gdp report dovetailed with the fed. Interesting as we get to the jobs report on friday. Big economic day. Earnings before the bell, time warner. After the bell we have yelped and carlyle. Dotheres the brief, let me the data check before we get to a busy front page. Features negative two, future nothing, nymex crude 100. 34, douth. South. 1300, renminbi currency,er chinese exporting deflation out of china something to watch into may. An incredibly busy morning. Look at the front pages. Heres scarlet fu. Top our front page. Prosecutors considering charges against Credit Suisse and bnp paribas according to people familiar with the situation. Credit suisse big investigated over whether it helped americans as a taxes. Prosecutors trying to figure out whether bnp broke the law by doing business with iran, cuba, sudan, countries we have sanctions with. These are criminal. It could result in the first guilty plea from a major bank in 20 years.
Donald sterling. Any moment now, nba commissioner ad sam silver will make an adam silver make announcement on the investigation. Lets go straight to the our panel and i inspiration for jerry maguire, Leigh Steinberg, we have sports attorney lee olenick and sports Business Journal adam kaplan and fox newss brian kilmeade. Give me the legal perspective on this one. What can he do. What he can do the commissioner can suspend him indefinitely and fine him up to 2. A Million Dollars. Constitution and within the bylaws allows for that. He can get rid of him. Melissa lee, that is not really get rid of him. Do you feel like that is meaningful punishment . If he suspended not doing business at work but could do anything from anywhere. A few Million Dollars will not make a difference for somebody worth billions. Do you that is meaningful. Whats going to happen here, they will indefinitely suspend him and they will start pushing to get the franchise transferred over. This is his last day as activ
Oil, not military. Right. Which is a good thing, for sure. The debate over executive pay takes a new turn today. Maybe youve heard this. Coke reportedly backing away from that controversial plan after comments made by Warren Buffett on this program recently indicating that he was not a fan of that proposal, even though he abstained and didnt vote against it. But would buffett have ever spoken out if not for activist investor David Winters . He was the first to sound the alarm bells about cokes lucrative pay plan for top executives. Dare we call an activist investor a hero . Warren buffett does a lot of homework but not on this company. It was David Winters who brought it up. Thats when buffett went and looked at the proxy and decided he didnt like what he saw. Exactly. Well talk about that a little bit later. Also, he is widely recognized as the best boxer alive today. He is of course, Floyd Mayweather jr. Hell sit down ahead of his big fight saturday night. Well get into that. Bill mi