Word, correction, which we havent heard since 2011. We saw the rippling effect of what is happening with the Global Markets and investors n losing confidence their stocks. Losing confidence the slide in the markets began on tuesday and got worse on thursday. Today the dow jones lost more than 500 points. Not since august 2011 have we seen such a big dip. People with investments in the market knew what was causing the down fall but didnt know what to do about it. China, greece is having a little bit of problems, too. Reporter the main culprit of the fall was the slowing chinese economy. The second largest economy in the world. It has been a big mover of world trade and a big Ripple Effect on not only competitors but other trading partners. Reporter the recent reduction in the value of chinas currency weighed on the markets and weaker manufacturing has already win effecting Tech Companies and their revenue. That effects the value of the Stock Options which are an important source of inco
Eyewitness news copter you see just how big a scene this was and is still this afternoon. Traffic southbound has been diverted to route 17. They will be at this for quite some time today trying to figure out exactly what happened. All the details of what happened, and right now just trying to notify next of kin and straighten out exactly to get traffic flowing once again. Dolan channel 7 Eyewitness News. As we find out more breaking information we will update you on air and online at abc7ny. Three workers remain hospitalized with serious burns suffered in a massive explosion as they worked on a gas line at a high school in the bronx. Damage and tore a gaping hole in the side of the building as you can see from this tweet from marcus solis. He is joining us right now with the very latest. Its devastation, pure devastation. I have no idea. As a longtime teacher of Digital Electronics he had to come see for himself. These photos give you a sense of the force of the blast a gas fueled expl
While the other waited outside for advanced life support to arrive. His partner goes outside, closes the door, as soon as that man closed the door, he pulls my then he takes he pulls my blouse up and then he takes his right hand and put his hand down in my panties and stuck his finger in my private area. As soon as she got to kings brooke hospital she told her mother. Soon after an fdny supervisor arrived to interview her about the sexual assault. Two days ago she met with investigators of the nypd special victims unit. She asked that we not identify her but she felt compelled, she says, to tell her story, for fear that silence would lead to more victims. Anyone that does that to people, theres something wrong with them. You think its likely hes done this before. Yes, im quite sure he has. We have confirmed that the emmit in question and his partner have been placed on restricted duty having no contact with patients, while the fdny, police and department of investigation look into the
Story and bring you the latest on action news beginning at 4 00. Well, septas one day Regional Rail passes for pope francis visit are on sale now, these went unsold after the online lottery. Eva pilgram is live with the details. Reporter hey rick, today the septa pope passes are officially on sale, they are limited number of them and so far today there has been a steady stream of buyers. The lottery didnt seem to make a lot of sense to me, why not sell it at the ticket stand, that is here, so i got it today. People lined up for the Regional Rail it will get you into the blocked off parts of city that are otherwise closed to traffic, that has a lot of people planning to hop the train to get as close as possible. Crazy. So far its easy but im going to try that, that is why i bought the passes. I have tickets for sunday, im interesting in going to the mass sunday afternoon. Now if you want to buy your Regional Rail tickets, they are not for sale at every station, just a set list of statio
County. In other news were following breaking news out of our delaware news room right now where firefighters just put out huge flames at an oil refinery in delaware city. A spokesperson for that refinery on wrangle hill road said there was a problem with the processing unit around noon today. By 1 oclock they had to call firefighters in to help. All of the employees got out safely and the fire was just put und investors showing concern were being told over the slowing chinese economy. Apple stock which depends heavily on demand from china fell more than 4 percent today. Time now for the accuweather forecast. It is friday. So lets do it and we head outside to meteorologist cecily tynan who is in for adam joseph. Happy friday. Hi rick and sharrie. What a gorgeous friday it is. The cold front that brought us flooding rains last note swept out the oppressive humidity and cooled us down a little bit. 87 degrees currently in philadelphia. In allentown 83. Reading 82. Wilmington 86. Trenton