Much. The market worry when it wants to worry or when its too late. Im charles payne, this is making money. Breaking right now, we are seeing a bifurcation in this market. Its been an amazing may, but its been stagger all of the names you normally wouldnt hear about like utilities. When will the magnificents step up, because at some point its going to be needed to keep this rally going. Although ive to got a special guest who says there might be a changing of the guard. Should i stay or should i go . Diane swan breaks down how inflation is clashing with the feds thinking, and i have barron davis joining me, now the host of going public, a company about startups. Amazing stories. I cant wait for his thoughts on americas entrepreneurship. Ill also ask whos going to win the championship this year. And my take on mcdonalds expect unhappy meal as the struggles of Middle America continue. All that and so much more on making money. Charles all right, so the stock market, its sort of just, or
4 news. grant another big story were following. A heated meeting tonight over proposed budget cuts within the Oakland School district. The district was initially facing a shortfall of 15pointone Million Dollars. That number has now dropped to nine Million Dollars. Tonight hundreds of parents packed tonights meeting. Pushing Board Members to keep their school open. Labor unions and Community Groups are trying to get school Board Members to reconsider their calculations. They want access to how the budget is being analyzed, so the community can help come up with proposals for the allocation of funds. Those opposing cuts to schools say high paid administrators should feel the brunt of it, but students will no doubt be affected. In a place where they could go into state receivership. Thats where the state would come in and make cuts without asking any questions or hearing public comment. Which is the reason why the board wants to make the cuts themselves. If it passes. Some layoffs will co
Iming bab to show you how soon well feel that cool effect. Larry and alma . Thank you, spencer. Five years ago the bay area was horrified following a mass shooting which claimed the lives of seven people at an oakland college. That case is nearly over as the gunman pleaded no contest today. That means hes going to serve the remainder of his life in a state prison. Abc7 News Reporter Lyanne Melendez live in oakland with the details. Lyanne . Reporter well, you know, larry, from the beginning the gunman said he alone was responsie, but he never quite understood the implications of his actions. It took medication and several psychiatrists for him to understand what he had done and to get to this point. The few family members of the victims were escorted through a back door following the out come of todays court proceedings. This man, juan, shown here several years ago, pleaded no contest today to the mass shooting at oakhurst university which occurred in 2012. It is expected that in july
Didnt want to seem like he was trying to avoid responsibility for what he had done. Reporter a few Family Members of the victims were escorted through a back door following the out come of todays court proceedings. The Mass Shootings such as this is unprecedented here in our county. And with the conclusion of this case today, we know that mr. Goh will not be in a position to frther harm our community in the way that he did. Reporter one of the survivors texted me to say, i do not wish to speak on behalf of this. Just taking it all in at this point. Thanks for understanding. A University Administrator talked to us offcamera to say the school will never forget that day. Goh was a disgruntled Nursing Student who had dropped out. He was demanding a tuition refund. When the university did not comply, goh went on a shooting rampage, killing seven and injuring three. Sophia long is a shooting survivor. We Pay Attention around the environment in the school area. Reporter goh will be sentenced
Thats its good to hear justice came to pass. Prosecutors i satisfy opened fire on campus several months after dropping out in 2012 a dispute over tuition led him to kill seven and injure three. I think a lot of people were trauma advertised because that have . A statement the spokesperson for the University Said its a heart breaking memory for us all. Justice is served but we feel sorry for his soul. According to the d. A. s office he will be sentenced to seven life sentences without the possibility of parole and an additional 271 years in prison. This defendant will be in prison the left of his life and never again be in a position to harm anyone in our community in the way he did five years ago. Reporter those Defense Attorneys say he suffered from Mental Illness but he also says the client is deeply saddened and sorry for what he did. Reporting live in oakland, nbc bay area news. Thank you. A rare Violent Crime in walnut creek now the man accused of killing his girlfriend faced his