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Move. The latest move about robotaxis. Labor day travelers are heading home. A check on the airports and roads as we close out the Holiday Weekend. Plus, new moves to keep Public Transit moving in the bay area and the one big challenge. Good afternoon. Im elizabeth cook. We start with developing news in oakland. A shooting near lake merritt lake merritt. It happened before 12 30 before madison street. This is video from citizen app. The Fire Department and ambulance arrived, provided medical help to the victim and transported the person to the hospital. We are working for more information and will bring you major updates. To San Francisco now, there was a contentious protest outside the headquarters for Dr ....
He was at one time the human rights director. He was the head of purchasing in my administration. He was the head of public works in my administration. He became the cao of the city and participated in the becoming of the mayor. When mr. Newsom moved on to become the Lieutenant Governor. Reporter mayor willy brown, of course, had a lot to do with the installation of mayor ed lee as he was a major force, backing him for the post of interim mayor in 2011 and elected twice since then. Mayor willy brown says he is in shock. Many of the folks inside this hospital this morning, as you can imagine, have been here all night and also in shock. There are many tears here at his bedside in the last few hours. I spoke more with mayor willy brown about the legacy of ed lee, and by the way, he says he is arguably the most qualified person ever to become the San Francisco mayor. Ed lee h ....
Yes, we will take her News Conference with lots of news breaking there. To your money, on the surface, sure, the markets show real resiliency at this hour. Dow is up 234 points, s p jumping as well, both have surged their way back into positive territory for the year. The nasdaq up 123 points. Biggest percentage jump of all three, up nearly 2 here. If you scratch lightly beneath the surface of these numbers, we spotted hot lava bubbling up in the form of higher 10year yield. Look at this. It is spiking this afternoon. This morning when we were checking it, it was 2. 89. Then it jumped to 2. 9. Now its at 2. 916. It is up 8 basis points. So again, this same Interest Rate move to the upside is back in play, due to a piece of data we got. Ill get you more on that in a second. And one key industry to the administrations infrastructure plan could be calling it quits or saying were ....
Reporter testimony continues tomorrow. In San Francisco carolyn tyler, abc 7 news. Happening now authorities in Santa Cruz County are trying to find an escaped inmate. William von disappeared from a work crew just after 7 00 this morning. We are told he was assigned to kitchen work crew as rehabilitation program. He is serving a sentence for drug and theft charges. If you see him call 9 1u11. Authorities say they busted 33 people for staging Car Accidents to defraud insurance companies. More than half a Million Dollars was paid out while many of the accused were in morgan hill the accidents happened all over the bay area. The District Attorneys Office says drivers would say they spilled hot coffee ....