Or washington to come here and determine we would have to raise that kind of leverage, i went through all the floods. Could you explain that for me . Mayor nagin what are you running for . Excuse me . Mayor nagin what are you running for . Dogcatcher. No, im not running for anything, im just a working person. I just asked the question. Mayor nagin let me try to answer you never answer any question. Mayor nagin enough of the political ads. Im not political. Mayor nagin these are legitimate questions. Pine village is an area that really needs electricity. They are working to get you electricity, and their commitment is to have electricity there by january. Once you get electricity, the world will change out there. As it relates to you and limiting your home, that is a personal decision that the homeowner has to make. If you want to elevate your home, and do it. If not, then that is your own personal decision. All we can do is take the federal law on the books and try to get people as muc
David we have some breaking news coming out of washington. With a majorroup announcement about leadership succession. It was led by David Rubenstein who also hosts the David Rubenstein show right here on bloomberg television. Jason kelly joins us now to talk about carlisle and the private Equity Industry which he has covered for many years. This is a big year. This is a moment we have been waiting for for a long time and private equity. The three founders are handing nwe ceosover to two two new ceos. These are both men who have spent some years at the company, and now we know who will be running one of the Worlds Largest equity firms effective january 1. A little bit of runway. This is really only the second time that we have heard a clear sense of who will run the big private equity firm. Alix who is left that we need to hear from for secession . Wonder once i want to make sure we do not miss is that kkr to tee twowee guys up, but they said they were not going anywhere right now. This
Morning to you, clear skies, cool this morning. 62 degrees as you head out the door. And winds are very calm. One to 5 Miles Per Hour so barely a breeze. This afternoon, plenty of sunshine and 90 degrees is what to expect for san jose. The winds may pick up. The east winds about 5 to 10 Miles Per Hour. We are tracking a new crash and this could slow you down if you travel westbound 4 towards 242 right where this accident is. Its blocking a lane and we see speeds slowing down right around 40 Miles Per Hour. Heres a live look. This is highway 4 as you approach the port chicago highway. Heading westbound, its 16 minutes for drivers between loveridge and 680. Once you get past that crash, youre good to go in the green. 580 dealing with the usual slowdowns. 26 minutes between 205 and 680. That is a check of your traffic. Right now, in san jose, police are looking for these men wanted in a string of Violent Crimes that includes a deadly shooting. Kpix 5s Jessica Flores is live in san jose on
Quiet, in the Weather Department for the mess part. Today features at lee some cloud, might see a sprinkle here and there because we have departure of the larger storm system. You will not need an umbrella as we mentioned it is chilly outside. We will see that in a second but already a few speckles near baltimore area, picking up, on the radar dont be shocked if you do see a sprinkle on your windshield at some point today but again you will not need an umbrella but dress for the weather because it is chilly in the mid to upper 40s in most spots, and mount pocono checks in at 38. Worth a mention there is enough breeze that the current temperature readings in the low to mid 40s from allentown and lancaster feel like more so in the 30s. It is chilly, 44, willow grove and doyletown, 47 in palmyra, 47 in mount holly. Today still looks good, it is fall, late october, what you expect so we will be generous and give you a b plus and then daytime high hits 60s, mess of the day will be in the 50
Down three basis points. We have not hit below 2 since april of 2015. Thats the dollar index strength. Brent is a little weaker by. 3 . 64 crude. Im looking at brent and going what happened . Headlines from outside the business world. Heres taylor riggs. President trump is calling the north korea to make a deal on its missile and Nuclear Weapons program. The president met with south koreas president. He said the u. S. Is ready to use its full range of military capabilities if needed but he said it makes sense for north korea to come to the bargaining table. U. S. On capitol hill House Committee has voted to limit the socalled carried interest tax break often used by private equity and hedge Fund Managers. The new limit would triple the amount of time assets would have to be held to qualify for the Capital Gains rate of 24 . The houses spending four days this week making changes to the republican tax bill. In saudi arabia the anticorruption crackdown is expanding. Banks are being asked