Vote. Se we are basically seeing this global flight to safety. Look at the japanese yen surging to a twoyear high against the u. S. Dollar. Brexit worries, rising pressure on the bank of japan to respond with a bigger stimulus package in july. The british pound continues to hover around a sevenyear low, coming off the lows. The bank of england warning of further weakness. A pick up in risk aversion helping gold shine, up 23 year to date. And pushing bond yields lower, not just in europe but here at home. The u. S. Tenyear dropping to a fouryear low. The fed statement also part of this story. In terms of stocks, its the european banks that remain under pressure. Active discussion on which banks would be hit the hardest, especially when you consider relocation costs. Shares of deutsche bank. An alltime low. Hsbc among others down about 18 over the past three months. If youre looking for price reaction in the equity market, its those european banks. I think well see more of it as we head
Good eveveng. Thanks for joining us, totoght. Im matt breen. sheila and, im sheila brummer. Ten years ago, work started on the first of a new breed of naval combat ship. The freedomclass Littoral Combat ship. matt for the last 19months, workers at a shipyard in wisconsin have worked to build the newest lcs, the uss sioux city. Last month, i got rare access to the shipbuilding process. And to see the ship, up close. The sioux city. So, right now, the crew can simulate reallife situations. Theyre not going to let us take the ship underway if were not ready, ralston said. Like navigation and propulsion. Four water jet engigis push the sioux city through the water like a jet ski. One of the most challenging things to learn is the very complicated engineering plant,ralston said. We want to be able to operate that as safely and effectively as we can. The crew can also prepare for worstcase scenarios. Making sure that when we do get the ship, that if something does go wrong like fire or flood
While today most certainly will not be a washout, a few hit and miss showers and possibly a thunderstorm will be possible throughout. Today will also be one of those odd days where temperatures will be warmer 60s in the morning before falling into the 40s and 50s this afternoon with some strong winds shifting to the northwest behind a passing cold front. See graphics. Wx timer 40 a suspect armed with a highpowered rifle has finally been taken into custody, after a nearly six hour standoff in which he fired on Police Officers and brought air traffic in san diego to a halt. No officers were injured in the brief exchange of gunfire, which broke out immediately after san apartment complex for a Domestic Violence call. Officials say throughout the day, the suspect fired random shots into the approach path used by pilots at the San Diego International airport, prompting the faa to stop all flights from landing. After several hours of negotiation, the suspect was finally taken into custody. T
And volunteers were there to help celebrate. This is such an exciting day because weve moved to that next step, said steve struthers, president of the projects for patriots board. Weve been doing a lot of the background work and getting things going with all the things for financing and things like that to finally get to this point. The landen project is the first under projects for patriots. Organizers say they hope it leads to more projects to help other veterans down the road. Project Board Members say the renovations will cost about 125thousand dollars. 70 percent product and labor has been donated for the house. They say the project should be completed by no later than february first. And theyre hoping to have everything done sooner so that the family can move in as early as possible. Matt and sheila . If you wouldldike to support the landen family, there will be a fundraiser for the landen project tomorrow. It will be at the Orpheum Theatre in downtown sioux city. There is a soci
WAYNE — A woman who was sentenced to jail for the second time in as many months made her discontent with the judge known on Wednesday in Wayne County District