Stephanies photo bombing. Lets start with the bulletin. The top business stories of this tuesday morning. Morgan stanley posted fourthquarter earnings that missed estimates. A drop in revenue from fixed income trading. They take in about half as much from bond trading as it did in 2006. Delta is flying high on lower fuel costs and rising demand. The Airline Posted better than expected earnings for the Fourth Quarter. Oil prices fell 40 during that. The gains will be limited because of expensive youll hedging contracts. The International Monetary fund has made the biggest cut to its growth outlet outlook. The World Economy will grow 3. 5 this year. That is down from a 3. 8 prediction. Many economies and many emerging markets are revising their prospects now. They are decreasing investment today. We think this is stronger than the price of oil. The exception is the United States. The fund upgraded the forecast for u. S. Growth to 3. 6 . Box office flops may lead to 350 jobs cuts at dream
Inches before it turns to rain and plenty of it. This is the way it looks live in University City in philadelphia right now. And the city should get out relatively easy as far as the snow is concerned and far northwest suburbs will get more than their fair shaivrment its snowing at Philadelphia International airport. Run way should be cleared of any snow in the morning. It could be a messy morning if you have plans to fly. Lets get the latest on noreaster from meteorologist cecily tynan and adam joseph. Weve got a live look at double scan radar. Snow began top fall just when you said it would. Jim just as expected this is not a pure snowstorm. Stormtracker 6 double scan showing these are about as many different colors as you ever see own double scan. We have a combination of light snow and heavy snow and sleet mixing in with rain and snow and heavy rain to the south. One great way to show this is through cold radar. This is a different mold. Differential reflect activity what this show
Be said for that woman. Shes in bad shape. She was taken to torresdale hospital and again were still await to go find out her condition but the the investigation still early on and still a lot of questions to be answered but for now, again, two people were taken to the hospital have after what appears to be a two car crash and again police not ruling out just yet whether or not it may be a hit and run accident. That is latest live from northeast philadelphia, Nicole Brewer, cbs3 Eyewitness News. Nicole, thank you. Happening today full circle for a kidnapping case that started in philadelphia and ended up in maryland. Delvin barnes is due at the federal court hoist have after abducting a woman in germantown. That is where Eyewitness News reporter jan carabao is tank by live to tell us more, good morning. Reporter good morning, that is right. Here in court for his initial Court Appearance later on today. Police believe he is the man responsible for kidnapping that 22year old woman off a
Mess which back to the traffic map to now and move it here. Reporter leatherback up through walnut creek all the way up to highway to 42. Reporter talking alternate routes there really are any for the strip and the soft on direction and then bullet billable are already completely jammed up. Does make sense for commuters to use 68 is also turn west on highway 24. Reporter of delays and upper east shore freeway and never returned parkway so much traffics pullout will in the interstate 80 back up because of a much earlier curring accident somehow low. Reporter cell sent for mutt milpitas this article man at about an hour now and is closer to 35 minutes for southbound trip. Exact number of much earlier than it did this morning because of kron problems at marina boulevard. That has just shifted to the south. Reporter bay bridge solidly backed up and the macarthur man is, for the san mateo bridge writer badly back up and much earlier than usual we have been looking at conditions like this fo
It was 38 then. Now it is 34. It is 37 in atlantic city, wildwood yet to see the change over there. Is our estimate, roughly about anywhere between five and 8 inches, but some places will get more, if you get one of those little snow bursts in your area. Little less to the north of us. Lets break it all down, now we see the rain changing from snow to northwest to southeast. And then, through early afternoon, we see the bulk of accumulating snow, and this evening, it tapers off. And temperatures will plunge, we could see record low temperatures overnight. We are going down into the single digit tonight, bob kelly. So even after the snow ends, winter will not. Bob . Good morning, everybody im right here 6 01. Good morning everybody live look at stump road, where again the Road Conditions are starting to change. Again, we started out earlier we just wet roadways, we told this would happen. Once that change over occurs, bamm, it happens pretty quickly. So we already have the tire marks thr