And President Trump wants federal agencies to work with social Media Companies to stamp out hate. But first, uber shares continue to fall after sales miss and a 5. 2 billion dollar loss in the second quarter. Much is due to the ipo in may. Cooper is trying to reassure investors, saying losses will come down over the next two years. Why such a dramatic reaction . Eric i think the stock reaction had to do with the revenue mix. If you are going to lose that much money, you have to keep growing. A 5 billion plus net loss is huge. That has to do with the stock tied to the ipo, but uber loses money regularly, although it did beat expectations. Emily are investors generally buying that this is a once in a lifetime of a company fix . Eric that narrative is challenged. I think if they were holy buying that, we would see uber above its ipo price. Analyst remain optimistic about uber. Many have buy ratings for the company, but there is a lot of Short Interest in the stock and there is a lot of sk
Tyree garland shot a firefighter this morning. They knew the manthey wanted could be armed. 38yearold tyree garland, a convicted felon with 18 prior arrests was wanted for a federal probation violation. It seems garland knew the marshals were coming to he set a fire as a diversion. There was smoke billowing from inside the apartment. They immediately retracted, stepped back and called fdny. Fdny responded. Reporter as firefighters approached, garr labeled opened fire with a possible ak47. James hayes was shot twice. Once through the right calf. The lieutenant is in stable condition in the hospital. Reporter as police set up a perimeter around the house, garland opened fire again. During the course of this investigation, he fired a total of four times at police. The fireman. Reporter garland barricaded himself inside the house and for a while stopped communicating with police but he was talking on facebook, posting today i die. And when a friend asked what was going on, he replied, they
The phone that he was giving up. There was a threeminute incounter i would say. They said they loved each other and at that point mr. Tyree said he was going to surrender, his words, to come out. Reporter but just before noon six hours after the standoff began, he came out shooting. It appears given the way the man chose to die that what happened here may have been a matter of death by cop. Steve langford, cbs 2 news. Garland tyree has a long criminal history. According to investigators, he has 18 prior arrests and had been in and out of prison. He had been on probation since last summer. A newspaper clip he posted on instagram shows he was arrested in the 1990s for the shooting death of a neighborhood rival but was convicted on a lesser charge. And that firefighter injured in the shooting is recovering at Richmond University Medical Center on Staten Island. Thats where cbs 2s Christine Sloan joins us live. Christine. Reporter thats right. The lieutenant firefighter is here at this hos
Store . The weekend is looking good but hot. For the entirety of the weekend. In fact saying hey, we have another chance for the first heat wave of 2015. Over the next few days. That gives you a sense of where temperatures will be. In the low 90s over the next few days and that of course, that trend begins today. Lets go ahead and take a look at where we are starting off. Very comfortable out there, 74 in the the city and cooler north and west. That is now 61. And 62 in sparta and greenwich starting your day at 70, for the hamptons 65 and 66 in the area. On the vortex satellite radar picture. Some clouds. But not a cloudy day per se. More clouds well to the north of the city. For today, we are looking at a very sunny start to the weekend. There is an air quality alert in effect today from 11 00 until 11 00. Mainly for portions of new jersey. Because we do expect increasing humidity through the weekend, and hot temperatures. So here is the breakdown of your day. 78 at 9 00. Feels like 7
The legendary photo that kissed world war ii goodbye. First, we begin this morning with a look at todays eye opener. Your world in 90 seconds. Its not about emails or servers, either. Its about politics. Fired up in iowa. Hillary clinton goes on the offensive. It was guns blazing for a republican president ial frontrunner donald trump taking aim at fellow republican nominees in new hampshire. Karlycarly fiorina, i cant say anything because shes a woman. Can i do that . Women, am i allowed to fight back . Secretary of state john kerry in havana for the flag raising of the u. S. Im embassy after 54 years. A dangerous day in Eastern Washington and north aididaho. Crews in california are trying to get control of the wildfire that exploded 1800 acres. Several explosions in a Chemical Plant in texas. No reports, no injuries. Death toll rising sharply in chinas town of tianjin. 85 people are dead. Injuring more than 700 people. Water main broke that caused major damage. I thought the whole st