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Transcripts For BBCNEWS World Business Report 20240711

We start with an Epic Battle Raging On Wall Street that has seen small time Amateur Investors take on the titans of the hedge fund industry. Its all centred around this company the struggling us computer Game Retailer gamestop. It shares have soared at much as 1700 after a group of private investors used online forums to drive up their price. And that has raised serious questions about how Financial Markets operate in the era of social media, as paul hawkins reports. This is a story of david versus goliath, of the amateur online investor beating the Big Traditional Wall Street traders. At the centre of it, gamestop, a struggling American Retailer Selling dvds and video games. A number of the Wall Street Traders picked up on its problems and bet money that its share price would fall, known in the business as shorting a stock. Only for this particular stock, Amateur Investors swapping tips on the social media site reddit saw it as an opportunity. They bought shares, which actually drove

Transcripts For WEWS Good Morning Cleveland At 430am 20160225

lake county and geauga and ashtabula are under a Winter Weather advisory. if you notice the green parts, those are rivers. we are under a Flood Warning for the rivers. this is what we are waking up to. notice how the bulk of the snow is in huron county. the darker shades signifying the heavier snow. that will continue to move in and we will see the snow going through northeast ohio throughout the morning. here it is back here on its way. lets push forward so you can see how it happens. as we head throughout the day, we will see this heavier band of snow moving through. we will keep monitoring this. lets get a look on the roads. john, i know things havent revved up yet. we are on 90 westbound in Storm Tracker 5. Things are calm in terms of weather and traffic. not a lot of precipitation falling from the sky. if you are heading out for an Early Morning commute things are clear. we will keep an eye on this as it evolves throughout the morning. taking a look at the temperature, 34 degrees.

Transcripts For WEWS Good Morning Cleveland At 5am 20160225

under an Winter Weather advisory. you factor in the wind its feeling like the teens in parts of fremont and mansfield. jon in Storm Tracker, how is it looking. reporter we headed way west. we are on route 2 in amherst. precipitation has picked up a bit. we are seeing a little snow falling. not sure if you can see that. the windshield is getting wet in places. we are going through intermittent periods of light snow. not a lot sticking to the roadways. hovering around freezing. it could be slick on bridges and overpasses. if you are heading out this morning for the morning commute, take note of that and keep an eye on the slick spots. thats how it looks on the west side. janessa web is looking south of cleveland. how is it looking where you are at . jon, i am on route 18 i wanted to get off the major highway and try to show you side streets. its dark and we saw snow flying earlier. our current temperature has fallen about three degrees. we are at a chilly 31. we are waiting for the moist

Transcripts For WEWS NewsChannel 5 At 6pm 20160224

Look at the heavy snow michigan, northern indiana, over towards chicago. Tornadoes on the ground right now through virginia and north caroline. Were right in the middle. Warm side now, but we will get to the cold side of this thing later on tonight. And were going to see the rain change over to snow, mainly after midnight. Thats going to set up this for tomorrow during the day. Winter weather advisory. Calle hogue gas, lake gee awe gas, ashtabula counties. I think the entire viewing area, one to two, three inches of snow beginning after midnight through this time tomorrow. But in this area here, there could be easily three, four, five inches of snow beginning tomorrow morning during the rush. So all in all it is going to be a messy scenario for the next 24 hours. Currently 42 elyria, but over into akron theyre on the warm side, 53. 51 canton, 52 dover new philly. Much colder air a few counties to our west. Thats coming our way. Tonight 40s and 50s he is i think the snow holds off spots

Transcripts For WEWS Live On 5 20160224

An inch of reign most spots there this morning and early afternoon. Lets take a look at our power of 5 live doppler radar. We dried it out briefly in some spots, but as you can see weve got two more waves of moderate to heavy rain, one here at mansfield, dover new philly, and then the second little wave columbus. Again there could be a little bit of thunder, anal response to this low pressure, moving into cincinnati. Its just sending little waves of rain and some of it briefly heavy into the area. Look at what the temperatures are doing with that surge of warm air. Wooster at 53. The same for dover new philly. Akron is currently 54 degrees. A little cooler lakeside. Cleveland 45, elyria 42 degrees. So were going to see temperatures slowly falling back into the middle and upper 40s by 10 00 p. M. And yes weve got more overnight. Were going time in that hour by hour, plus tell you how much snow you can expect coming up. In the meantime this snow is our southeast. Mark, no doubt. We were

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