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The u. S. And china agreeing to meet next month. Stocks, as you saw, reacting positively to that were going to talk abdomen goldman shrinking the partner ranks. Interesting story. Up to a dozen executives reportedly negotiating the exit. Is it a sign of a broader shift for this wall street bank . And shares of palo alto, they are up, as you can see the ceo joins us exclusively in a few minutes. Theyre up ahead of the bell, of course, this morning lets start with the markets this morning a chance for jim and i to get back on the same page as to where things stand we also got fairly positive adp numbers. 195,000 private sector jobs added in august. That was above the estimate. The consumer continues to be quite strong in this economy i heard you talking to joe about, you know, were the only ones that talk recession and we got a ten year above 1. 5 again. I thought when i saw its like the bonds also rise i think what weve seen is this endless yield going down versus, say, where the one ye ....
Now at 11 00, a young woman missing after her car goes into the water in the east bay. All this rain is impacting search efforts. The storm also causing bigtime damage across the bay area. Trees are down, roads are closed. And history destroyed. New video at 11 00 gives you an up close look at whats left after powerful waves take out a local landmark. Good evening. Thanks for joining you. Im eric thomas. We have a lot to get to tonight but first lets check in with meteorologist drew tuma. Drew . Eric, we just got drenched this weekend and the rain is not over yet. Live doppler 7 showing you weve still got showers out there. Were going to go in tighter on live doppler 7, get you right down to street level, show you around burlingame and san mateo at this hour, some live showers, that extends south into redwood city, menlo park through stanford. Some light rain this evening. To the north we go and to the east bay around oakland and piedmont, alameda, some light showers and inland a simil ....
It is 8 00 a. M. At disney headquarters headquarters 11 00 a. M. In new york and this is squawk alley. Welcome to squawk alley for a tuesday. Dow down 109. Breaking news to start the hour. This time on ford. Phil lebeau is in chicago with that. Ford in a move expected for months is announcing that it is building a new small car plant in mexico. This plant will be located in the san luis section of mexico an investment of 1. 6 billion. It will create 2800 jobs with cars expected to roll off that Assembly Line in 2018. Some of those cars will be sold in the u. S. And sx ported to other countries away the world. No doubt is this a move that will get a lot of attention on the campaign trail from the president ial candidates. Just a couple weeks ago, heres what donald trump had it say about ford and its plans to expand around the world. Companies are leaving our country rapidly. Rapidly. Whether its carrier air conditioning whether its ....
It is geared towards business users. Hear about it when i talk with john chen. Talking abouts the inner workings of the search giant. Find out why the androidapple battle is more brutal than it has ever been. The new iphones are bigger and thinner, but that design is making it easier to bend. After numerous users said the fund had a slight bend to it after being carried around in their pocket. Challenged Ceo John Chen people to try to bend the new passport. Apple has already sold more than 10 million new iphones. Lewis, your video has more than. Million views how easy was this to do . It wasnt easy at all, to be honest. It was very painful to attempt to bend it because i am a big fan of the device and i have been using it for a couple of days. I had received a couple of tweets from individuals saying that their devices were bending. I received a message from a man wasrom a Family M ....
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