Good morning. Welcome to mornings on 2. Live pictures here once again of our breaking news out of san jose. A massive fouralarm warehouse fire continues it burn out of control as the camera zooms back. You can see the huge plume of smoke. All the water being poured on there. We will have Live Team Coverage of the impact both on the local businesses as well as traffic. Welcome to mornings on 2. I am tori campbell. I am dave clark. Lets talk about your weather and traffic. Lets go to steve. Thank you very much. Lots of great conversations this morning with some weather observers. Kevin in sausalito talking about the ridge of High Pressure breaking down. Michael in San Francisco with updates on rain. Morning drizzle. Lots of clouds. Lots of clouds. But in San Francisco now officially a. 02 from drizzle. There have been reports from half moon bay, san jose, back up to sausalito, francisco, and along the coast. So at least we are getting measurable precip. We will take anything we can get h
Injuries and death. New details now from ktvu channel 2 news ken wayne. He is live at the south of market neighborhood and he tells us why the bicyclist was at fault in this case. Ken . Reporter julie, this bicyclist is very lucky. She was going the wrong way on a oneway street and she was hit by a tow truck. Yet she survived. It happened before sunset during the busy evening commute. Police say the bicyclist was going the wrong way on folsom street and ran right into the intersection at 7th. The light was green for the northbound traffic. She would have been able to determine which way her lights were going. Reporter the woman is only identified as about 40 with possible broken bones an a concussion. If anybody is riding the wrong way, no matter the vehicle they are on, they are up for some real problems. Reporter and marin bikes right on the corner of the crash scene, there were plenty of opinions about the recent rash of accidents in the city. There have been several pedestrian rela
27 billion. We wake up again to another big m a. It is final. These talks between reynolds and we hear the price is 27 billion. Just under 69, but where they are trading now. We should see them spike. At the open, it is about consolidation, in an industry with a state of decline. Newport combined to try to compete. World marlboro this is about trying to consolidate to compete. A huge market share. What about regulatory concerns . This raises a lot of question marks. What they are doing to try to allay regulators concerns is they are selling off assets, as we expect them to do. England, a company will try to buy another menthol business. Americans are smoking less and less and menthol sales are surprisingly resilient. Selling to appease regulators. What is interesting is theyre we know thef ceo of reynolds. She smokes ecigarettes. A lot of people thought this would play on the future of ecigarettes but they will sell off. The bet on ecigarettes, then, where do they all fit here . A good
Today on fears they may still be a little bit overvalued despite a recent drop and its been a fairly substantial one. Is there money to be made . If so, where. If there is, well tell you about the next big catalyst. This space is really heating up. Plus an exclusive interview with the economist, yes, the economist, who is behind the u. S. Soccer, the national team. Why he may be the man to bring the world cup in qatar. Back to the u. S. First lets check in with sue at the new york stock exchange. And breaking from previous undploimt and inflation targets for when a rate hike might be considered. Our senior economics reporter Steve Liesman is here to put in all in context. Get to the Monetary Policy stuff in a second, but not from the chairs testimony, but the companies Monetary Policy report. And some specific parse, special small cap, bio, later in the q a she was asked about how low rates can distort markets. Low rates do have an incentive to push individuals to look for look for yie
11,000 deaths, stay at home orders in this country in effect now in new jersey, in new york, and california, connecticut, illinois, oregon, and a host of others that are going to add to that in just a few minutes maybe a few hours from now. Updates expected from new jersey and new york. Welcome everybody im neil cavuto, and this is cavuto live, today updating you on a virus that has spread and now, gotten to the point of being the third most effected country on the planet by these ongoing cases that seem to multiple and have randomness to it that strikes people as unusual, but not unprecedented. Were also going to be looking into the big selloff at the corner of wall and broad today the dow lost more than 17 of its value in one week in case youre counting it has slid more than 35 from its highs and kind of back to where it was just only days after donald trump was elected president. Now, the fact of the matter is though these markets are still waiting to see what progress is made on th