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Unemployment report but the idea they can goose it, everybody gets a tax cut, were exploring that now with charlie gasparino, mike murphy and last but not least dagen mcdowell. Is this thrown out there, dagen, lower the top right. I dont know how likely that is. The senate plan would bring it to 38. 5 , what do you think . Because im a nerd, i carry this around. This is an editorial in the wall street journal from the other day how to help the hightax states, about that very thing, calling for lowering of the top tax rate. In the senate bill, its 38. 5 . In the house bill, its 39. 6 , but actually because of that onerous additional rate for those making north of 1. 2 million dollars, its 35. 6 . There is the gap, we climb to that. Exactly. How do you offset taking away the state and local Tax Deduction without truly punishing higher income workers. You lower the top rate. Thats how you do it. If you take away the major deduction fo ....
A year earlier. Chinas Producer Price index dropped more than 6 . 43rd straight month of declines. Delaying its plan amid market volatility and four of the five companies that have gone public priced offerings below their expected range. Two ipos to watch today. First data and super market chain are both scheduled to price this afternoon but of course already starting to see cracks in the ipo market. Well see where those two go. Shares of sandisk jumping this morning. The flash Memory Company hired a bank to explore a sale of Micron Technology and Western Digital said to be in talks with sandisk. Merger is going through. Well talk about that. But is it the end or the beginning . Were getting closer to the end. But its frothey. These are 60 and 100 million deals ....
Planning to stay for a few weeks . Yes. We are. And we did get lucky. Reporter keep in mind the second busiest was last friday. Some people had the luxury of taking the entire week off from work. J. R. Stone kron 4 news. Catherine at the oakland and san jose airport travelers were moving along on schedule. Security lines were moving quickly. Both airports have been delays and they do not expect any cancellations. It looks like smooth selling to your holiday destinations. Catherine the road are expected to be busy today. Lets get over to grant lotus who has a look at traffic. Catherine grant . Grant richmond and san rafael bridge the not too bad at this hour. Looking at real time speak you can see once you get through the toll plaza on both directions at the bay bridge is slow right now. San mateo bridge is slow also permit passing out of marin gave away from the city its low as well. After a day of shopping, there is still a lot of value to track the traffic throughout the night. Volum ....
Breaking developments and joins us with the latest. Good morning. Jose good morning. Police and fire rushed to the scene. This was just after midnight in berkeley, california. Of course in northern california. They found a balcony that had collapsed from the fourth floor of a luxury apartment complex just a block away from the university of california berkeley. The government of ireland has now confirmed that those that were killed the five were in fact young irish citizens they say. Theyre also unconfirmed reports this was a Birthday Party celebration going on at the luxury apartment complex. Now, we know from police that they are investigating with building inspectors to find out what happened, what caused that balcony to collapse but they say they do know that threne people were on it when it fell. Four people were killed instantly. One other died at the hospital and eight others were injured, and many of those have lifethreate ....
Todays threat of litigation from you guessed it, donald trump, who was in tampa, florida tonight at a rally. On twitter today, trump issued an you will may tum to ted cruz. Jim acosta is now live. What is the mood like there so far . Trump promising a shift in tone to be more positive and more attacks including a lawsuit threat. Well, thats right, jim. A few moments ago, donald trump on stage at this rally said his campaign is a message about love and hes the messenger. Not a lot of love on the campaign trail. As you mentioned theres the tweet that trump sent out earlier this afternoon in which he threatens to take ted cruz to court if the texas senator does not cease negative attack ads and other sorts of dirty tricks hes accusing ted cruz of carrying out in South Carolina. He has been retweeting his supporters questioning the texas senators canadian birth. So far at this point, jim, donald trump has not mentioned ted cruz yet. H ....