That in a second. The macarthur maze. 880 in oakland is fine. And so is 580 and we talk about the montague expressway near first street. We did have a crash there. It wasnt causing a lot of slow traffic but now it is beginning to as were getting later in the morning. Its a good area to avoid. And we do have vta tweeting that a bus they cant get through. Back to the desk. Across San Francisco and the whole bay area, people who knew San Francisco mayor ed lee are remembering his life and legacy. Hes tribed as a humble man who loved the city of San Francisco where he lived and work. Reporter one of his neighbors flew his flag at half staff. Theres a note and a bouquet outside the safeway store. Rest in peace, mayor ed lee. We were proud to call your our neighbor. Thank you for giving your all. He was a community person. He was always out trying to help the community, pick up garbage, he was a big rent advocate. He was a wonderful mayor, probably one of the better mayors. He was sincere in
Hand side center of your screen. Police have blocked off streets in the area at oak and 12th. If they cant find the owner of the backpack or if its determined to be a threat it may have to be detonated as a precaution. We have now learned that the mayors body will lie in state in the rotunda at San Francisco city hall on friday. And then a public celebration of life will be held at city hall on sunday. The acting mayor, london breed, is stepping in to assume the duties of the office. Christien kafton has more from city hall on how San Francisco is beginning the process of getting back to its feet. Reporter the memorial continues to grow. Some of them dropping off photographs or candles. And meanwhile, two stories up. The business of the city of San Francisco continues. The board of supervisors met yesterday and approved one of mayor ed lees final requests to declare a citywide emergency on homelessness and fast track shelters for homelessness. She acknowledged the shoes she must fill.
Disney, of course, as you heard by now, buying various assets of 21st century fox in a deal worth dl more than 66 billion when you include the debt david faber broke the story weeks ago that the two companies were in talks and lo and behold, its soup now. Congratulati congratulations. Thanks. We were reminiscing about the various deals youve broken over the years. Yes, you and i go back to my first big one, British Telecom and mci. 2 22 billion deal in inflation . Exactly that got to the finish line on this one, bill a lot of talking going on between disney and fox and also our Parent Company, comcast and fox. Thats sort of where we want to begin today as we head toward the later parts of the day comcast did compete vigorously for these assets people close to the company indicate, or people close to all the companies involved, that being the people who were advising and so forth, indicate that the bid from comcast, in fact, did have a higher value than what fox accepted from disney we
He also he also referred to messages from fbi officials criticizing him as disgraceful. Female members of the he also referred to messages from fbi officials criticizing him as disgraceful. Female members of the Congressional Black Caucus want gop leaders to allow doug jones to join the Senate Immediately emily im emily chang and this is Bloomberg Technology. Federal investigators confirm at least one criminal probe into uber. Well talk about what it means for the worlds most valuable startup. Plus, the Worlds Largest Futures Exchange will begin allowing bets on the worlds biggest cryptocurrency. Whether we can whether we ca plus, another firr spacex. Elon musks other Company Since a recycled rocket and recycled representing a former security analyst detailing some business operations. This may be a key piece of evidence. The letter was supposed to be unsealed at noon local time. It has not happened yet but it could happen at any moment. Joining us is j it could happen at any moment. O
But it did not close above that level. We saw the major averages give back by the end of the day some off the morning highs well keep a close eye on this this morning green arrows indicated once again this morning dow futures up by 57 points. S p up by 4. 5 points the nasdaq up by 8. 5 points. Look at asia, the nikkei gave back some grounds. Hang seng up by 0. 7 the shanghai was up by 0. 9 . Then if you check things out in europe, its a mixed bag ftse up by a quarter percentage point. The dax and cac are weaker stocks in italy are down stocks in spain slightly higher. Check out crude oil prices you will see that crude oil looks like it is up about 29 cents. 47 57. 45 for wti. We are watching a couple big stories this morning were learning more about that deadly amtrak crash in Washington State yesterday three people were killed, nearly 100 more injured when the train derailed the ntsb confirmed that the train was traveling at 80 Miles Per Hour in a 30mileperhour zone the crash left sev