Could see the flames, how scary it would hve been shortly after 2 00 p. M. When the fire started. We did talk to the fire chief, and he tells us how challenging todays conditions were. The biggest problem has been heat, and the dry fuel. And its heavy vegetation over there. Reporter the winds played a factor as well. It was breezy this afternoon. The fire started somewhere on private property near the high school. However, the cause and exact origin are still under investigation. Now, this is the third fire that ive covered in the last four days. So were definitely seeing this as shaping up to be a very busy, hot summer. Firefighters are urging people to have that Defensible Space around their homes. Abc 7 news. Katy, thank you. Now to the high heat affecting much of the bay area. In santa rosa, this street is closed off because it buckled under the tripledigit temperatures. It can happen because concrete expands, of course, when exposed to long heat. Air conditioners are selling out.
If you are between the ages of 25 and 40, call us at 2027488001. Order than 40, 2027488002. If you are under 25, you can call 2027488000. You can also send us your thoughts on social media. Again, we are talking this morning about the growing problem of student debt. Are some charts from the boston globe using data from the department of education. Of collegerage cost 0uition has risen from 2000 for a private Fouryear College average for a0 on private fouryear school. Costing aversities little over 10,000 in 2000. 20,000 risen to over in the most recent year that it is available. Large increases in the Sticker Price of a College Education. That does not factor in the amount of Financial Aid that students may be using. 78 of students who attend private Fouryear Colleges received some type of Financial Aid. Collegettend a public receive Financial Aid. 40 of those who have taken out federal Student Loans are behind on their payments. The wall chart from street journal that shows 22 millio
The third rail pierced the front cabin and came up through the train. Thats a horrible horrible situation. Thats the train my father takes every day. Among big business stories were watching this morning if you read on jobs the adp employment report is coming up. Forecasters say the economy likely added 245,000 private sector jobs last month. Greece started debt swap talks with the imf. The new government wants to restructure its debt after receiving 275 billion in bailout money since 2010 and in china a post mortem of stimulus central bank making a basis point universal cut in banks reserves ratio as policy makers try to encourage banks to lend. Shell join us in just a moment to discuss. First theres a couple of stocks to watch this morning that we want to keep you abreast of. Disney shares getting a boost after results were better than wall street was expecting. Its blockbuster film frozen is still hot driving Home Entertainment and toy sales. Were going to talk to an analyst and was
After the bell as originally expected. Andrew has more on that. Okay. Thank you, becky. Ibm sending out an advisory that plans to release the results of their Third Quarter at 7 00 a. M. Eastern time. Well have details on what the announcement could be because the wall street journal says they will play global foundings to take its money losing chip business off of its hands. So the deal of sorts where nobody is buying something from them but they are paying to get rid of it. Ibm is talking to potential buyers, but buyers is the wrong term. Neither company is reporting on this, but well hear more about that in just an hour. No one is going to pay them for it . Exactly. That is not a good way to get rid of assets, right . Usually you want them to buy it from you. But this one is pretty interesting. And mark andreesse in is stepping down from ebays board of directors. He was central to the battle with karl ikan. He says its the right time. He said andreessen made a lot of money he made a