From our biggest storm so far this season and we could be getting some more of it tomorrow and this is what it looked like in walnut creek earlier today, but it was a similar site throughout almost all of the bay area thanks for joining us on kron 4 news at 10 everybody. Im grant lotus a welcome sight there sure are high Vicki Liviakis yeah, the kids are out there. What is this stuff, rain havent seen it in months, our chief meteorologist, large karnow is here with when the rain will guys i seen it come in and kind of packing a punch as it came on shore some gusty winds that rain coming down as we head toward the afternoon and were not done just yet weve got another wave of rain that is just beginning to move into the bay area we take the weather wall on. Yeah certainly outside tonight things very slick out there in fact up for the golden gate bridge, the rain is beginning to move in once again, well see that overnight tonight more showery type whether or not that steady rainfall. But
We have foxbusiness Team Coverage with blake burman at the white house. President elect bidens transition. Gerri willis standing by but we begin with jackie deangelis. Good afternoon. Good afternoon. History is being made right before our eyes. Dow about 30,000. I think is interesting today, not just the dow but look at the s p 500 on a percentage basis of a little bit more and even the dow industrial. 500 is broader than the dow 30. You can see this was a big broadbased rally across the board. I think that is important. Look at the dow winners because it gives you the sectors, energy is moving today, we see the financials moving higher today. Walt disney is a big winner today but it wasnt just stocks, it was oil as well. Over 45 a barrel, disclosing under that level and it took the Energy Stocks up because the investors are basically betting on recovery for the economy and that means more demand for oil and that means these companies will do better. Having said that, lets take a pause
And expert advice here, here, or even here. Be fast. Be flexible. Bounce forward with comcast business. Get started with a powerful internet and voice solution for just 64. 90 a month. Plus, for a limited time, ask how to get a 300 prepaid card. Call or go online today. Disof hail to the the the the e millions are celebrating after joe biden is elected the next president of the United States. Good evening and thank you so much for joining us. Spontaneous parties erupted in San Francisco, where people started spilling into the streets moments after biden gained enough electoral votes to win. Crowds packed the castro democratic, dancing, waving signs and rainbow signs and hurling toilet paper over the muni bus lines. Theyre celebrating one of their own making history, senator Kamala Harris. Throngs of people filled the streets outside her childhood home in berkeley and its now become a party. It was pennsylvania, though, that put their ticket over the edge today in the race for 270 Elect
War in yemen is taking on children u. N. Says tens of thousands are suffering acute malnutrition and the risk of death is high. Im going to ask over the sport as paralympics printhead breaking his appeal to use prosthetic legs to try to qualify for the pics but he plans to fight the decision which he believes is based on the basis well. So then with exactly a week to go now before the u. S. Election theres been a surge in early voting in part due to and in spite of the coronavirus pandemic more than 63000000 americans had voted by monday night already 4000000 more than all the early votes cast in 2016 and National Polls are giving democratic contender joe biden a solid lead although its a lot tighter in some battleground states with a coronavirus pandemic continues to cast a shadow over proceedings infections surging with some states concerned about the lack of hospital beds and nearly half a 1000000 cases have been confirmed in the past week alone with more than 225000 deaths since th
Demand. Ryan, it is always a pleasure to talk to you. It was long in coming. Everyone asking, what are you going to buy . Tell us how you came up with this deal. It is great to be with you again today. We have been talking about the need for consolidation in business for quite some time. We need to put a Value Proposition together that offers investors a different way to think. We have done this with a transformative acquisition with concho resources. This brings in a bunch of lowcost supply resources government 23 billion barrels into the company. It is about a super strong Balance Sheet to manage the volatility we have seen in this business. It is about how you allocate capital for value, not for growth. It is distributions we were going to give back to the shareholder. It is about having a sustainable business. The deal takes an Energy Transition that we know is coming for our planet. Alix can you give us insight into how competitive it was . If you look at the Shell Companies that