That has turned the breeze more northwesterly. No wonder it is so cold, cool this morning. Youre looking at 18,000 feet, 500 millibar map from the morning run of the forecast. There is a closed lull circulation right over Mendocino County. That will do it. Temperatures are off double digits compared to yesterday at this time. Santa rosa, 17. Fairfield, 10. Livermore, 14. Mountain view, 10. 21 degrees cooler at the napa airport than it was at this time yesterday. Thats a huge difference. Watch as you go to a more north northwest wind. Theres the low. Were on the drier side. Some of that low cloud deck, watch out it could be thick around the santa cruz and monterey area. There are a few 30s popping up. Occidental now at 36 degrees. Low 40s in pet loom a up towards kelseyville and lake port, they have 30s. Oakland wind has turned north. You get a good idea of the low circulation right there as it drops in. It will keep us very cool today with maybe a few showers to the north. Highs today
The moment. Traders across europe are waiting on the speech from the leader of catalonia today. Expats sending money home can add hundreds of billions of dollars to a countrys economy, especially in developing nations. Well be speaking to the man behind worldremit, the tech company specialising in worldwide remittance. With the global cost of obesity forecast to hit more than a trillion dollars we want to know how you would tackle the problem of bulging waistlines . Just use the hashtag bbcbizlive. Hello and welcome to business live. Please send us your comments on the issue of obesity, automated, france, strike action, you name it. We have got lots in the programme today. Lets get started. Deja vous france is braced for mass strikes and protests today. Civil Service Unions have called on their 5. 4 million members to take to the streets. So whats got them marching this time . Theyre angry about massive job cuts in the Public Sector 120,000 positions are to be axed over the next five y
That. Another look at the futures, you heard becky talk about them. Were looking up this morning. Of course, european markets you ask, well, we answer. With a generally positive in fact entirely positive, thanks for italy and spain, guys. Appreciate that as always. Ten year note yield hanging in around the 2, 2. 22 a lot of twos this morning. You see crude oilwell below the 50 a barrel. There are reports that the president will pull out of the paris climate agreement. What it means for business and geopolitics. And trying to clear up what America First means saying were asking at will of our partners. Well take a look at the message from the administration. And its the last trading day of may. Should investors expect a june swoon . June has been a rocky month for the markets. Well break down the winners and losers. First though, President Trump apparently planning to pull the United States out of the paris climate agreement. This is according to a number of reports this morning. Puttin
Flooding yesterday. The flooding is also affecting the morning commute. We have Team Coverage for you this morning. Alex savidge is live along highway 101 because the freeway is flooded and shut down in one part. We go to allie rasmus near the flooded businesses first. Allie. Reporter yes. This is 26th and santa clara. There are several businesses in this area that had a couple feet of water in them as early as this morning. You can see the water level here at this intersection has dropped quite a bit. Earlier this morning, you couldnt even see the pavement because cars were driving through and splashing as they drove through the flooded street. But the water levels have gone down. However, flooding is an issue throughout san jose this morning. There are 14,000 residents in the mandatory evacuation areas within the city of san jose. Theres Evacuation Orders that were updated at 10 00 last night. Mandatory evacuation includes the southwest side of 101 to the north end of 280 along coyot
With arm holdings ceo. Snapchat kicked off its roadshow ahead of an ipo. Red herring disclosed slowing User Engagement and rights treatment. Joe siegel is a portfolio manager. I think anything at 20 billion, you have to justify the valuation. Here, the questions are around user growth. Around they danced issue of user growth, alluding to issues of the android. Monetization they touched on lightly, but as the story progresses, you will need to see more metrics. Cory we were joined for more. We were outside the Mandarin Oriental today trying to grab investors to hear their take. To their point, when asked what was your big takeaway still on your mind, user group was a lot of what the investors said to us. The executives blamed it on android, but i heard a lot of instagram being called out by investors who point to the stories feature instagram recently introduced that very much mimics snapchat. Others brought up the new whatsapp feature rollout. You can send images that mimics snapchat.