Sandhya patel. Sandhya . This powerful storm, level 3 is hammering the north bay. Lets get right to live doppler 7. And pretty much the entire north bay is covered in moderate to heavy rain right now. Lets get into south santa rosa, rohnert park, stony point road. Getting just slammed right now. I want to show you some of the rainfall rates in the area. As you take a look here, youll notice 3 4 of an inch per hour. It is heavy in napa as well. Atlas peak road. This is the last thing you know. Recent burn areas getting slammed frslam ed larkspur to mill valley. As we take you into San Francisco, balboa street, the sunset district, tracking this batch of moisture. And it is pushing its way towards San Francisco downtown, chinatown at 11 13 p. M. Berkeley, emeryville, youre getting a share as well. Oakland, lighter rain park boulevard. But youre going to see the rainfall intensify as well. Also tracking this moisture, moving out of san pablo, richmond. It is moving towards el sobrante. Th
Lets see how things did overnight in asia. Asia was leading the declines yesterday. This time a little different story. Nikkei closed up by 1. 5 hang seng was up by 0. 6 shanghai was flat. In europe, at least at this early trading hour, there are green arrows across the board. Barely hanging on for the ftse the dax and cac each up by better than 0. 6 looking at crude oil prices, at least right now, crude oil looks like its down 7 cents 55. 26. Couple big stories were watching, mattel has rejected a takeover approach from rival hasbro reuters reporting that mattel believes the offer undervalues the company and doesnt take into account the potential for regulators to rejected the deal on antitrust grounds reports saying mattels new ceo who took over in february may be trying to drive a harder bargain in talks with hasbro the company cut its fullyear revenue outlook. You are looking at both of those stocks now time inc is reportedly restarting talks to sell itself to publisher and broadca
The issues that have powered so much of this years rally. Today the Dow Jones Industrial e advan 187 points to 23,458. Nasdaq up 87 points to close at a record. And the s p 500 added 21. Our bob pisani has more on what took stocks higher. Reporter stocks rallied big time today, reversing six straight down days. What happened . First, washington did something. The house passed its version of a tax reform version. The senate still has to act but any progress on tax reform say cause to celebrate. Walmart and cisco had big earnings beats. Procter gamble moved up because nelson peltz finally appears to have won a seat on the board. High yield bonds turned around. The high yields markets often considered a proxy for investor willingness to take risks. That market has been weak for a couple of weeks now. The weakness has been in Telecom Companies which have faced difficult times. Once they stopped dropping, high yield markets started to stabilize. Im bob pisani at the networks for nightly bus
e eee eeeeeeee we are e eee eeeeeeee is we are e it dry . , dry . fizzling than yesterday to light a winds. This evening and overnight temperatures will fall away quite quickly. A touch of frost with the clearest guys. Cloud will increase, outbreaks of rain spreading from the west. It could fall as snow over the hills. There are going to be patches of ice. Rulli it will be colder than this. A cold start tomorrow and in the east it will be frosty. The weather front is sitting across western parts to begin with. It will edge eastwards as we move through the day. Becoming increasingly light and patchy. The far east just staying increasingly light and patchy. The far eastjust staying dry but if you are heading to the game in cardiff tomorrow, it does look like it will be cold and damp. Slightly brighter in the north and west into the afternoon. Temperatures struggling. A maximum of six celsius and in the wind it will feel a touch colder still. On sunday the same weather front is with us. I
And a state of emergency has been declared. California is no stranger to wildfires but these are some of the worst on record. A combination of dry weather and strong winds are fuelling the ferocious pace of the flames. The bbcs dave lee is on the scene. Its the vast scale of these wildfires thats most alarming. More than 15 major blazes raging across 73,000 acres, creating an apocalyptic landscape. The conditions were perfect dry tinder, ignited with the help of 50 mph winds. When the flames came up, we came down here, and you could not see your hand in front of your face. Fire was coming up over the houses, about 100 feet, both sides of the street. Firefighters say containment has been virtually impossible, so they have been concentrating on getting people to safety. These people in this car fleeing to escape, shocked by the mass destruction. Holy moly and in towns and cities north and south of san francisco, fires have disintegrated home. Many have been left with nothing. All our pic