Was set to get underway. I think Hunter Bidens legal team reached the maybe noncontroversial conclusion that there is no way he was going to win This case. Norah could Hunter Biden face time in prison . And what about a pardon from his father . The Cbs Evening News starts now. Good evening. Im norah odonnell, and thank you for being with us. And we are going to begin tonight with that breaking news, after the president s only surviving Son Today pleaded guilty to nine charges of Tax Evasion and falsifying tax returns. And tonight, we are hearing from Hunter Biden about why the sudden change in his legal strategy, as This move will avoid a lengthy and embarrassing trial for the biden family. What we do know is This, that This development was not part of a plea deal, and it does set up the possibility that the president s son could spend decades behind bars and raises new questions about the chance of a pardon from President Biden. Cbss Scott Macfarlane reports the surprising move came a
Is no existence, a marine layer anywhere across the bay, it is Crystal Clear as offshore winds begin to kick up pushing any chance of fog are moist air. Well offshore red flag warnings as i mentioned are already in effect for upper elevations of the Santa Cruz Mountains all of the inland east bay and almost all of the north bay until you had a right to the immediate coastline. Now these will be in effect from friday this or wednesday this morning through friday morning at 11 00am winds gusting as high as 45 Miles Per Hour which is the additional factor here on top of the already dry and warm weather weve seen this week that is sparking up this potential of a fastspreading wildfire. Now winds are already breezy this morning but by no means at our wind is just yet. Winds about 10 Miles Per Hour for much of the north bay at this point well continue to pick up into the afternoon by 03 30pm Vacaville Atlas peak looking at winds gusting from 20 to 30 Miles Per Hour peak, wind gusts and early
Earnings which will include some hightech bellwether names later in the week. We have apple shares, they lost their opening pop despite top apple analysts saying first day iphone 12 preorders surpassed last years numbers for the iphone 11. That bodes well for the mini and pro max, who Iphone Models that have not taken preorders and ship four weeks from today a couple more big q4 products, the xbox series x and the Sony Playstation 5 will hit shelves verizon and at t this week morelikely with 5g comments Texas Instruments and intel all reporting. Mike santoli joins us now with more well get more of a Critical Mass of earnings hitting the tape the question is is the street going to be more impressed this week than last week in the opening rounds we had an 81 beat rate by the companies that reported last week yet the average stock move buzz down more than 1. 5 in the one day after those results. It suggests perhaps that a lot of investors would think a big beat rate was in the bag for thi
Amazon also boosting, well, going up, of course, and apple, man, youve seen them both over the last day and this morning perhaps no exception, later today, we get the apple phones, prime day has kicked off, carl it is a big day. And as it was for yesterday, in terms of the stocks. Indeed, were within 2 of all time highs on the s p, trying to get back to the september highs, jim but i wonder if you think the lead this morning are these loss provisions at jpmorgan. I am surprised positively i think what has happened is people arent spending, not borrowing, credit card losses, fine Small Business loans, i dont know where the people are that theyre not suffering. This is it is not a happy maybe jpmorgan is lending better i will say this, david noticed this, there will be a call that goes on, simultaneously when we talk about it, and that call is going to take the wind out of our sails, david, if we Say Something really positive because there will be one comment and some comment that comes
High end model with the biggest screen yet but shares are slipping after yesterdays big gains. Banks but are in the red a busy afternoon 59 minutes left of trade the dow down 157 or so. Lets get to the big stories. Josh lip ton has the latest from today as apple each. We have the latest on eli lily and we have the Broader Market action josh, apples shares are slipping today, but still higher so far for the week. Wilf, apple bulls will argue what you saw today is the start of a new iphone super cycle. We have to wait and see whether consumers though are just as excited. Tim cook introducing the companys first new 5genabled iphone, the iphone 12. It will be available in four versions, different sizes starting at 699 for the mini, which has a 5. 4 inch display to the max, which has a 6. 7 inch display and costs 1,09 9. The transition from 4g to 5g is complex. Some argue 5g coverage is spotty right now. Though it could act as a catalyst helping to bring the technology to the mainstream won