Of the fog. Above it is where the loma fire is burning. Still 73 degrees in the hills. Not as hot the last few days. We should see cooler temperatures, and the marine layers deepening which will help things out along the fire lines. The cooldown badly needed on the Santa Cruz Mountains, where the loma fire continues to burn mostly out of control. Here is the laeest in terms of the numbers. The fires burned through 2200 acres, up to 10 containment this morning. One home and six out buildings have been destroyed. Bob redell is out there and will have an update later this morning. As we mentioned yesterday, there were a lot of reenforcements needed to get to this point today. The number of firefighters went from 350 to 500 on the front lines, bringing in tankers and choppers as they did more air drops and used more fire retardant. It appears to have calmed the spread of the fire. A very fierce fire season. Firefighters say its only intensified in the past few months. We spoke to one firef
Than yesterday. The low clouds will continue to be with us, it wont be until early next week that will give us a huge change. Happy friday. Go ahead and look at the tracee triangle, you can see traffic is moving on pretty well. At the bay bridge toll plaza you will see light is traffic so far. In san jose the same thing goes traffic is light on interstate on interstate 280. Northbound 280 is very lightly traveled at this hour. New this morning, at least four people were killed and 49 hurt in this train derailment. It was a threecar train going from spain to portugal when it jumped the track. The first car was completely off the track and smashed into a tower. The train is reported to have had about 63 passengers and two employees. We do not know how fast the train was going or what caused the crash. Back in 2013 79 people were killed in that same region. It was one of the worst in spanish history. The Alameda County District Attorney is expected to announce if any Law Enforcement offic
Were seeing wage growth. And some of these things that youre just labeling regulation are also why were able to be in a place to meet our commitments to rereduce emissions and meet standards to make this a safer world by having our climate problems not engulf our future. Theres a lot of things going on inside the package that you call just more regulation. This economy is a stronger economy because of the policies weve pursued. It is not as strong an economy as wed like to see. A lot of what i see as having held back the u. S. Economy is the headwinds internationally. Weve seen probably half a percentage point of gdp shaved off the u. S. Economy because demand globally has been weak. Thats one of the reasons we put so much time into trying help move the global debate towards using policy tool tools to grow the demand and economy. Weve made progress. Youre seeing a number of places around the world put policy in place using fiscal tools and monetary tools. The United States is looked to
Senate Banking Committee cherish charred shelby. The committee will come to order. Today, well learn more about the events and the circumstances, that led to the enforcement action against wells fargo by the City Attorney, and the occ and the c. F. Pb. But first today, well receive testify from john stumpf, hes the c. E. O. And chairman, who is was us. Welcome. We will then here from the Los Angeles Deputy cheer whose office was the first for commence the action and finally from the occ and. C. F. Pb. We look forward to hearing from both panels because much remains unclear about what transpired at wells fargo and the regulators response. It appears that wells fargos own analysis concluded that think seanlsd of its employ piece opened more than 2 million account thats may not have been author raised. Subsequent licks wells fargo terminated 5,300 employees and has agreed to pay 185 until fines, and 5 million in customer remediation. Sales dated take show they have been an Industry Leader
Good afternoon, and welcome. My name is myron belkheim, im an adjunct professor, and the 107th president of the National Press club, the leading organization for journalists committed to our professions future through our programming. With events such as this while fostering a free press worldwide. For more information about the National Press club, please visit our website at press. Org. On behalf of our members worldwide, i would like to welcome our speaker and those of you attending todays event. Our head table includes guests of our speaker as well as journalists who are club members, so if you hear applause in our audience, note that the general public are attending so its not just a lack of journalistic you can follow the action on twitter using the hash tag mpc lunch. After our guest speech concludes, well have a question and answer period. I will ask as many questions as time permits. Now its time to introduce our head table guest. I would like each of you to stand briefly as y