More than 60 hours since the collapse took place. Rescue teams are battling fires which greatly complicated the effort to find survivors. We are facing incredible difficulties with the fire. The fire has been going on for awhile. It is a very deep fire. It is extremely difficult to locate the source of the fire. There are new concerns about the condos sister building, nearly identical building located a block away from the collapse. Officials are saying that building should be evacuated until a structural investigation can be done. Has the same name, same developer, probably had the same materials. Probably had the same plans. And people are asking me is the building safe. I cant tell them it is safe. I cant tell them that. One of the Big Questions thats outstanding is how this could happen. Were getting details today about exactly what may have been happening in the pool deck of the building. Structural field survey was done in 2018 and warned of cracking in certain columns. An engine
Block away. Residents are being told to evacuate out of an abundance of caution. Officials say theres still hope of finding survivor, but Cnns Wolf Blitzer can tell us on the ground in surfside. Wolf, its getting more desperate by the hour. And this big revelation today, which is not going to come as any comfort to anybody on the ground there that an engineer warned three years ago that there were major structural issues with the building. Wolf, that is devastating news. Reporter its devastating, and its so heartbreaking to so many of the families, loved ones who are gathered, waiting, hoping, and praying right now. Experts say it may take months to get to the bottom of what happened here in surfside, florida. Back in 2018, managers were urged to make repairs and we understand that work was set to begin soon. Were going to have much more on that coming up in a few moments. But lets begin with the latebreaking developments on the rescue efforts. Fires and rain are making this very diffi
Im on Francine Lacqua. Weve had quite interesting and big political news in the u. S. That started late last night, overnight and first we know that transition is more on its way than was 24 hours ago. Global stocks advancing on the back of that. If you look at what stock markets are taking a positive, the general source of administration acknowledged joe biden was the apparent winner of the election and the move reduced Political Uncertainty in the u. S. , giving biden access to Current Agency officials, briefing books, 6 million in funding and the market. Energy stocks leading the stoxx 600. Travel companies. Banks also notching gains. Haven assets weaker. We are getting some eco figures. Looking forward to speaking to the president of the Ifo Institute shortly. The estimater than of 87. 5. Ifo coming up in 15 minutes. Here is leighann gerrans. Englands National Lockdown ends next week but Prime Minister Boris Johnson says it will be replaced by a tougher threetier system of regional
Argument on legal access to online information and whether police and other enforcement officers can access information for personal purposes. Hear argument next in van buren versus united states. Mr. Fisher. Mr. Chief justice and may it please the court, the cfaa is an antihacking statute. To ensure comprehensive coverage, the statute prohibits exceeding authorized access. This ensures that the statute covers not just outside, but also inside hackers. In this case, however, the government seeks to transform the prong of the cfaa into a different prohibition. This prong covers obtaining any information via computer that the assessor is not entitled under the circumstances to obtain. It is no overstatement to say that this construction would brand most americans criminal on a daily basis. The scenarios are limitless, but a few examples will suffice. Imagine a secretary who says that her email or zoom account may be used only for businesses purposes or a person using a dating website whe
Good thursday morning. Welcome to squawk alley. Im jon fortt with carl quintanilla. It is cloud week on squawk alley. If you were betting against snowflake, wur oyoure out in t cold this morning. That stock up is 12 same for Cloud Security and authentication specialist okta were going to talk to the ceo to see if this thing may stabilize from here or go higher splunk, that is the sound of a cloud stock dropping 22 after missing Sales Guidance for the third quarterer in quarter in a row. All this happening as amazons cloud conference is in full swing. Salesforce announced the second Biggest Software acquisition ever and we started the week on squawk alley talking to ibm president Jim Whitehurst who came to big blue in what and is still thelargest Software Acquisition ever redhat driven by a hybrid cloud. Julia, investors are betting on further growth from already heady levels we can certainly see that in what is happening with snowflake this morning it is reapproaching the highs that so