Stability and peace in turkey. All u. S. Citizens there have been told to stay in their homes and not attempt to go to the u. S. Embassy or the consulate. Turkey is a key u. S. Ally. Stay with abc 7 news and follow us on abc 7 news bay area for updates throughout the afternoon and evening. And with that, we say good evening, im larry beil. And im ama daetz. Wayne freedman is in San Francisco with local reaction to the coup underway right now. Reporter good afternoon. With short notice, this is as close to turkey as we could get, the ala turka restaurant on gary street where the food is turkish and the people who work here are turkish and the only thing they are talking right now is the coup going on in turkey. Let me show you video. A lot has changed since the revolution in 1984. But they are using social media to watch the playbyplay as it evolves. We want a democratic country, we dont want a dictator this is good for the country. You are saying the revolution is good . Yes. This is e
Later this hour, maybe just a few minutes away. So well be listening to that and getting a game of where the candidate stand. We have the latest delegate count on both side to share with you. Jeff, do we know exactly what mr. Cruz is planning to say . We have no indications at this point that ted cruz is going to drop out of this race here tonight in indianapolis. This is not pretty. Im looking at the county by county numbers. I count two counties, and we have 92, two counties where he lead. Ted cruz that is. This is a nasty loss, but there i no indication from anyone that hes going to drop out. Two of the super pacs who are never trumpers put out statement saying they are not done yet. They are going to fight on. Ted cruz is going to fight on and john kasich said he will fight on. Tonight result make no difference to him. Neil did they look at the size of the loss . If its close its one thing and if its as big as it is, another . The indication is he will go on. He believes he will wi
Steps that we are working within the confines of my executive power but i promise you the American People dont want me just standing around twiddling my thumbs waiting for congress to get something done. Melissa i dont know about that. Bring in todays panel. Fox businesss own Charlie Gasparino. Tom sullivan with us as well and marshall aurback from the institute of new economic thinking. What did you think about that, charlie . I think i hate the most about that he is dropping his gs. Did you ever notice, sitting around wait inch . Melissa why does that bother you. Bothers dan henninger, whenever he makes a point about use of executive power melissa condescending to the public. Wants to be a regular guy and it just sound condescending. Melissa what do you think . Classic second term. He news he doesnt have to run for anything again. I think Valerie Jarrett is very much behind this thinking. And he has a very small, closed group that is telling him these things. So he, i think he believ
Its great. And for you, especially. It was your idea. Its great for all of us. Lets get you caught up on the business headlines this morning. Three big stories we are watching right now, oil prices are up plunge again. Main benchmarks trading at 5 1 2 year lows. Brent dipping below r50 for the First Time Since may 2011. The latest Oil Inventory data is out at 10 on 30 a. M. Today. The adp employment report is coming at 8 00 a. M. Eastern time. Then we go minutes from the latest fed meeting. And breaking news overnight, the tail of the missing airasia plane has been found in the java sea. It is the first confirmed sighting of the wreckage from the jet liner. This is notable because the flights black boxes are located in the planes tail. Jcpenney announcing its samestore sales lows. They say comps at the high end of its previous year. Microns revenue forecast mission wall street estimates. The memory chipmaker hurt by a drop in output as it upgraits grades production lines. Im not going
Crude oil does figure very prominently into the movements of our market. As you can see, wti down again. Not a great deal but down again this morning. As for the tenyear note yield hovering around amazingly enough that 2 level. That is exactly where we find ourselves at weekend. The first full trading week of 2015. We are going to have more on the jobs report in a moment. Our road map starts with continuing terror in paris. Multiple hostage situations unfolding. We are going to bring you the latest details throughout the show. Here at home the december jobs report comes in above forecast. Well get the administrations reaction from labor secretary thomas perez. First on cnbc. Nelson peltz launches a proxy fight for four board seats. Jim and i both will have more on that impending battle. December jobs report shows nonfarm payrolls rose 252,000, above forecast that were around 240,000. Unemployment rate down to a 6 1 2 year low. It is now 5. 6 . Some of the decline reflected people leavi