Interstate 80 streams are running higher and faster than normal. More snow is expected as storms move through the week. Can you track the approaching storms with the app with live doppler hd on the app and you can enable push alerts for Winter Weather advisories. A popular trail is off limits after it washed away. The hillside is giving away under the cliffside Apartment Building. Cornell barnard has the story. It was something that was waiting to happen. She loves to walk on the beach but cannot get there. The only coastal access on the avenue was wiped out after a 30 section of the path buckled into the pacific during the storms. It is terrible. People are scared. Those would live close to the ocean are scared. Their volumes are going down. One viewer shared this drone video of the collapse showing large green pipe now exposed and a view through the hole to the surf. It did not take el nino to do this. More earth here has crumbled putting it closer to the edge. This section that you
Good morning and welcome to Worldwide Exchange. Im sara eisen. Im wilfred frost, very good morning from me as well. Welcome back. Thank you. Good to see you back. The content. Weather. And the energy of what we say. Lets get straight to the Market Action this morning. We did see another record close for the dow yesterday. Positive session in a row higher up 0. 2 but the s p was down 0. 1 . Nasdaq was down a little bit more 0. 6 but nasdaq was the best performer last week, saw a little bit of evening out tapping out yesterday. Were higher once again. Dow is getting closer 20,000. Extraordinary the pace at which it crossed 19,000 and nearly reached 20,000. Well see fit can manage that at some point in the remainder of the year. Its higher by 54 points today. Ten year treasury note weve seen bonds continue their march higher or resaturday their march higher in terms of yield over the last three or four trading sessions. Five year note is now at a high since 2011. Ten year note is a little
We will tell you why hes pushing back on the separation of his business. Bonechilling temps, heavy snow. Another winter blast expected this week, we will have the details. A luthansa flight made Emergency Landing in new york city after a threat was phoned in. Latest developments coming up. A new scam hitting your inbox, what you need to know to protect your information and bank account. Companys employees have access to trip information and theyre using it to spy on people including celebrities. We have the story. Oil prices edging higher this morning. Now at another new high. Take a look. New internationalsy says that oil markets will rebalance early next year as long as opec members cut production. The price up now half of a per can he be the. Stocks look like this. Another gain at the opening of trading. The trump rally continues. The dow industrials looking up about 70 points this morning. Nasdaq 18 points and s p 500 with a third of a percent. In europe stocks are also higher. Fts
Try to make the repairs pouring concrete to shore up the base of the wall, and they plan to fill the sinkhole with sand and recreate the walkwe. Two workers rappeled down the side of the cliff to get upclose look at how much the base washed out. Crews hope to finish the before the storm arrives. We bring you weather alerts as they happen. Federal investigators will update us on the ghost ship in oakland. First responders paid respects to the 36 victims led by a bagpipe and marching through the streets of the an officer said it helps bring closure. The processing will take time. The scene is a gather place for those impacted by the fire. A photographer bette davis did not know the victim but knew of the ghost ship as a home for artists and will cover the tragedy in a documentary about oakland. Knowing that people actually lived in there and what appalls me is there were so many complaints but the city of oakland or the people in charge of oakland did not seem to care. The News Conferenc
Being considered for secretary of state. Cost and controversy. Donald trump takes aim at another Defense Company. This time its Lockheed Martin. Those stories and much more tonight on nightly Business Report. Its monday, december 12th. Good evening, everybody. Im Bill Griffith in for Tyler Mathisen tonight. And welcome. Thank you. Im sue herera. Another record close for the dow jones average today. We are going to begin tonight with the widening of opecs production deal. Another 11 countries pledge to cut supply. It is the first global pact in 15 years to jointly scale back on output. And saudi arabia, the largest exporter of that commodity, says it could reduce supply even further. The decision in effect ends the in fighting that prevented a Production Cut and exacerbated the global oversupply of crude. Today domestic crude hit levels not seen in about a yearandahalf, rising more than 2. 5 , extending a rulely that pushed prices up by more than 45 over the past year. And the rise in o