You can see just how offset the stripes are on the roadway. Engineers determined that was dangerous and needed to be fixed right away so crews have shut down to take care of these situations hopefully this will be resolved by 5 00 in the morning. We will have continuing coverage in the morning, and will give you the latest updates that you can know how to plan your commute into San Francisco. Catherine be sure ton 4 mobile app. You can stay up to date on the latest information on the presidio lane closures. Its available to download for iphone and android devices. A shocking twist in an alleged kidnapping case in vallejo. What police described as a hoax. Has apparently turned out to be the real thing. Today. Authorities arrested 38 yearold Matthew Muller in connection with the case. Now. Lawyers for the victims. Denise huskins and aaron quinn. Say that the Vallejo Police deparment needs to apologize. Kron 4s jr stone has their reaction from todays news conference. J. R. this is Denise
Happened. They did about speak and answer questions. Attorneys say the pair definitely feel vindicated. Denise huskins was kidnapped march 23. She claimed she and her boyfriend were tied up and drugged and the kidnappers drove there her parents home in Southern California. Police came out and said they thought Denise Huskins made it up, the kidnapping never happened. That was had last we heard about the case till this morning. The arrest of a man named Matthew Muller. The person behind the kidnapping. They told the Vallejo Police department this was real. Within hours the Police Department said it was a hoax and she owed an appall edge to the public. Well, today the Vallejo Police department owes an appall edge to Denise Huskins and mr. Quinn. Reporter how did investigators find Matthew Muller . Last month he was involved in a Home Invasion robbery. He broke into the home, the couple wasnt hurt and he got away. Investigators say he made a mistake, left his cell phone behind inside the
Stanley. Gold falls to a fiveyear low while the dollar hits a threemonth high, well look at the Drivers Behind the moves and the impact. And ebay and papal begin trading as independent companies today. Well talk with the e bay ceo later on. First up Morgan Stanley better Second Quarter results. A Strong Performance in the brokerage business. Long lines in greece over night as the banks reopen after about three weeks. Some capital controls. You can access your safety deposit box. You cannot cash a check. You can deposit and there are limits on the number of euros you can take out. Morgan stanley, trading is the story this time after Wealth Management has been the story there. Lets compare this. For fixed income morguen stanley had a gain of 30 . Jpmorgan minus 10. For equities plus 28. Goldman plus 24. Citi minus 1. Some people are saying the liquid ratios arent enough. That was the wrap on the story about why it was up 41. 5 and then people turned it down. This has been a phenomenon of
A new plan to revamp them expected to be announced this week by president ial candidate Hillary Clinton. Cnbc chief washington correspondent john harwood is in d. C. Now with details. Reporter mandy, Hillary Clintons beginning to lay out all of the components of her Economic Program to try to relink middle class incomes with the profits of Corporate America. Last week she talked about a plan to link employee tax policy or employer tax policy toward Profit Sharing with employers. Now shes trying to encourage longterm investment. I just want to go back to the history of Capital Gains rates to illustrate what shes the system that shes trying to tweak. Back in 1986 when Ronald Reagan was president , we had a tax reform plan. The Capital Gains and top marginal income tax rates were the same 28 . Then when you move to the bill clinton balanced budget deal in 1997 you had the top income tax rate up to 39. 6 . The top Capital Gains rate had gone down. So they brought back the separation betwee
The year where were overloaded with earnings information, most companies in the s p report this week. Remember that the professionals listen to every Conference Call check every model and do deep dives in each quarter which means that unless they get up at 4 00 a. M. And work until 11 00 p. M. They simply dont know about what should be bought and what shouldnt be, and i have to tell you, thats why a lot of mistakes are made. Thats why i tell you at home to stop, look and listen during these periods. As we try to run the gauntlet created by the cacophony of earnings season. Whats exactly in store for us for the rest of this week. Tomorrows all about apple and ten days ago the company made a major push into china and the worry is the sizeable chunk of buyers may have been margined out of this stock positions in the great crash of china and they migrate to the expense of iphone 6. Not this quarter, since it didnt include the chinese debacle and thats why it is so important not to trade of