That happened in my absence. All three major averages trading off. Warren buffett has been getting a lot of attention as he oncented in a meeting again, criticizing the Hedge Fund Industry for high fees. Just to give perspective, take a look at the bloomberg because he are looking at a Hedge Fund Index. This is the Hedge Fund Index and white, the viewer line in terms of when things are below this, it is negative. This is s p 500 total return index. You have seen quite a gap about performance there of that index, which goes to his point that he made over the weekend, that he thinks index funds are a better use of folkss money. He has said in an interview there is no backup deal following the monfils offer for unilever. Maybe there are not other companies that will be targeted. If you look at companies that have been talked about as targets focal monde police, we have been seeing some selling mondaleese. Staying on the food related front, we have reports of new price competition within t
March. We can still get that cold days but sunnies getting stronger and stronger. When you are driving it will feel warm. As soon as you step outside it hits you hard. We are waking up to temperatures more like january mid winter stuff this morning especially with the wind chills values down in the teens in a lot of locations. Rough start this morning heading outside for that morning jog, bike ride, walking the dog you will need full winter gear this morning. We have clear skies, little bit of the breeze right now that will pick up throughout the morning and afternoon. Could get gusty and making things feel worse. Actual air temperature 25 degrees at the airport. West wind at seven. Feels like 17 on exposed skin. We have temperatures spread from 10 degrees in mount pocono to the mid 20s along the coast of the wildwood. Even the shore is feeling these cold temperatures, dipping down in the upper teens now in quakertown to 20, doylestown, pottstown probably dropping other degree or two,
Like a ton of bricks. Because we are going from the 70s to the 30s, this is so typical for this time of the year for Delaware Valley. Pretty incredible. It could be worse. 7 degrees is our railroaded low. Think about that one. Exactly. May feel like 7 degrees when you factor in the wind in some spots later tonight and tomorrow morning as heart of the cold air really settles in we will have a lot of sunshine but it will really struggle to help temperatures out. We will be stuck in the 30s for actual numbers. We are starting to see brightening in the skies, half an hour away from sunrise right now and that will change in about a week as we get back today light savings time, sunrising later during morning but right now 24 at the airport, west wind at eight feeling like 15 on exposed skin. Temperatures range from 10 to the mid 20s along the shore we are feeling that cold air. 26 degrees in wildwood. Ocean at 43. Ocean is warmer then air. Nineteen in quakertown and doylestown at this hour.
Construction equipment operating here on the corner that hit and ruptured a city water main and that city water main was 6 feet around. A massive main that was hit and sent thousands of gallons pouring on to the street. Right now, were told photographer mike, can we just show this way . If you can see straight down the street on broadway, theres a row of shops on broadway all of those shops had to be evacuated. Water went into those shops. You have a special operations vehicle from fdny on the scene. Dep on the scene. Several folks here still working to get this mess under control. The first row of shops that you are looking at right now, all of those had to be evacuated because water poured in. Its residential above them. Folks inside the apartments were allowed to stay inside. They were in Constant Contact with fdny. Workers trudge across queens there. Theyre trying to work and clear it out of the way. You can see the water down garbage cans, broke pieces of fencing here and created
The launch facility at wallop island, virginia, this a rocket built and designed by the Orbital Sciences corporation. No word on any injuries, but, again, the rocket itself was unmanned. Now, let us go to another breaking story tonight, this one is from washington. Late today, orders went out from the secretary of Homeland Security to increase security at u. S. Government buildings in the Nations Capital and in other major cities around the country. This comes a week after the terror attack in canada and amid the continuing threat from isis. National security correspondent david martin is at the pentagon with details. David. Reporter scott, the heightened security covers all 9500 federal billions in the u. S. , although the actual measures taken will zero and shift from location to location. Officials say there is no new intelligence of an impending attack, and no specific threat. The department of Homeland Security says its taking this action as a precautionary step because of continu