Is a really important aspect in life like if you dont have a college degree, you really cant do anything. Reporter here at California State University east bay in hayward they do have a higher acceptance rate and i might add that a number of the students that we interviewed today were from southern california. Latest budget in hayward, juliette goodrich, kpix5. Cal state faculty says governor browns latest budget doesnt help the situation much. Heres how it breaks down. Funding to the uc and cal state systems will go up by 3 which faculty claims should be higher. 570million will go to community colleges. 100million will also be used to create the states first Online Community college. 3billion will go to elementary and high schools. Overall the governors budget proposes nearly 132 billion in spending. That includes a surplus of over 6 billion. Much of that is set to go into the states rainy day fund. Governor brown believes a recession could be right around the corner. Whats out there
Axa announces plans to float a Minority Stake in its u. S. Operations, as the french insurer reports First Quarter revenue shy of analyst estimates. Ings First Quarter underlying pretax results exceed expectations, but the companys cfo tells this program demand is still soft. Demand is still quite low. So you have to work really hard in order to get your lending volume in. Thats why we are so flash and happy with the 5. 7 billion. Good morning. Glad youre with us on wednesday. We have a lot to get through. Lets kick things off. A Stunning Development in washington. President trump has fired fbi director james comey who had been conducting an investigation into possible connections between trumps president ial campaign and russia. According to a white house statement, trump acted on recommendations from Deputy Attorney general rosenstein and jeff sessions. Bot richard burr the republican senator leading the Senate Investigator into the possible russian ties said he is troubled by the ti
Solomon. Lets start out with a check of weather. The justin dray wick has eyewitness weather. Another mild day but you will track some rain. Temperatures still running above average about 60 degrees. We will have cloud. We will not have unshine. We will take what we can get. A few showers but mostly until the afternoon. I think parade is in good shape. That is good news. Tomorrow morning is our best shot to see steady rain as our forecast, starts to come unsettled, really for next few days but this morning, it is milder air, compared to yesterday morning. We have cloud over the region. Live look at center city where we have mostly cloudy skies. 50 degrees. The wind currently calm. In wind chills this morning. There is storm scan three there is mostly cloudy skies throughout the entire region. The showers are showing up to the south and west near baltimore and washington so you could get a sprinkle this morning but better chance for a actual widespread shower that develops by mid to lat
America are saying not so fast. Im jen rodgers in for ali velshi and this is real money. This is real money, and you are the most important part of the show. Tell us what is on your mind by tweeting and facebook. Another big bank pays big for pedalling toxic assets, but banc of americas payout is the biggest yet. Bofa has agreed to pay nearly 17 billion. 9. 7 billion will go as straight cash, another 7 billion will go as relief to consumers in the form of Loan Modifications and the like. Its the biggest settlement amount ever for a u. S. Bank. Its roughly equal to the total profits for the past year. As part of the deal with federal and state agencies, b ofa admits the poor quality of the loans. It problems may not end here. But the deal with the government looks a lot like the other big settlements we see with seen lately with Jpmorgan Chase and others. Many, but not all of the financial shenanigans that got banc of america in trouble were done by countrywide financial and merrill lyn
America are saying not so fast. Im jen rodgers in for ali velshi and this is real money. This is real money, and you are the most important part of the show. Tell us what is on your mind by tweeting and facebook. Another big bank pays big for pedalling toxic assets, but banc of americas payout is the biggest yet. Bofa has agreed to pay nearly 17 billion. 9. 7 billion will go as straight cash, another 7 billion will go as relief to consumers in the form of Loan Modifications and the like. Its the biggest settlement amount ever for a u. S. Bank. Its roughly equal to the total profits for the past year. As part of the deal with federal and state agencies, b ofa admits the poor quality of the loans. It problems may not end here. But the deal with the government looks a lot like the other big settlements we see with seen lately with Jpmorgan Chase and others. Many, but not all of the financial shenanigans that got banc of america in trouble were done by countrywide financial and merrill lyn