Your money as power lunch starts right now welcome to power lunch. Im michelle carusocabrera. Todays gains pushing the dow positive for the month all s p 500 sectors, 11 of them now, are up. Tech financials leading the way. Energy, utilities, they are lagging. The chip space is a notable rally. Nvidia, micron, advanced micro they are up. Im tyler mathisen. We begin with the fallout in charlottesville. President trump speaking a few moments ago condemning the violence and specifically describing hate groups like neonazis, White Supremacists and the kkk, quote, repugnant to everything we hold dear. This came after a member of his White House Council stepped down from the Group Following the protest on saturday. Eamon javers is at the white house and Kayla Tausche is in virginia eamon, you first. The president did what he was criticized three days ago for not doing on saturday. Specifically naming the kkk and neonazis as the problem over the weekend in charlottesville heres what the presi
Mickels mickelsons attorney who says that phil is not charged with Insider Trading and phil is an innocent bistander to others that he was doing something that is not something that he was aware of, but they say it is a tip from gambler Billy Walters who was receiving information from the former dean foods chairman thomas davis who is suffering Financial Difficulties and received some loans from walters and allegedly tipping walters to insooider informatio about the dean foods at several different corporate events. Walters made trades on those and took advantage of the information in other ways according to the u. S. Government, and there is a lot here sh, melissa, and we will g to the bottom of it as soon as we get the bottom of it. And this is a long running crime, eamon, because it is between 2008 and 2014, and during this time frame, according to the allegations, walters made 32 million and avoided 11 million in trading losses. There is a lot more coming out of the documents releas
Were coming and plucked from louisiana submerged under flood waters from heavy rains that began late last week. Roadways littered with cars abandoned after passengers had to evacuate. Thousands of people rescuev the rising waters the neighbors started knocking i started hearing all kinds of noise so i walked outside i saw water coming up the street they were trapped in cars. Oh my god im drowning were coming. Were coming and plucked from rooftops of homes it may be some time before the floodwater levels will dissipate. I want to stress the fact that this is still a significant flood event so nothing has changed from that. And youre in a safe location, that is the best place you should be right now. Stay in that location. Louisiana governor edwards issuing a state of emergency and receiving federal assistance promises from president obama. This an ongoing event, we still have hundreds of road closures around south louisiana. Roads that had been open are now impassable. Butt to im asking
With demetria tracking the impact its had on the i15. And sherry keeping a close eye if the valley will be under an air quality alert. Michelle Mortensen but first, well start with 8 news now reporter Michael Stevens on the very latest. Good morning, michael. Michael Stevens brian, michelle. So far, we know the fire has burned at least a dozens buildings. Including some homes. And has spread to about 18thousand acres. The blue cut fire started yesterday. And is rapidly growing in the cajon pass area of southern california. The San Bernardino fire continues to race in several directions and its burning fast. As you mentioned. So far, the 18thousandacre fire has prompted evacuation orders for about 34thousand homes and 82thousand people andrew ong traveler the conditions are very dry, like my eyes are really dry. Its crazy, ive never seen the sun like this before. Its crazy to see the amount of smoke thats being caused by this fire. Its crazy, ive never seen the sun like this before. Its
Brian loftus. Michelle Mortensen and im Michelle Mortensen in for kirsten. The second part of the riv went down shortly after 230 this morning. And the dust is just starting to settle. 8 news now reporter Michael Stevens is live near las vegas boulevard. And Convention Center with a recap. Good morning michael . Michael Stevens its hard to believe its all gone. As you can see theres really just a lot of debris. And dust left from the Riviera Hotel and casino. Years. It was something to see the landmark go down. Decades of history gone in about 20 seconds. It was around 2 30 this morning when the last part of the riv went down. It was followed by a huge dust cloud that filled the air. A lot of history went down with those towers dixie dooley its kinda bittersweet ya know . Vegas moves forward all Different Things are happening. And so its bound to happen, but its a sad thing to see all the memories go. Michael Stevens and speaking of memories. The riviera was featured in the rat pack or