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Male announcer live from the kron 4 news station, this is the kron 4 news. We are going to check and with all our reporters. On the scene. 1, 2, 3. Happy new year. We will see you. Jacqueline it is definitely called out there tonight. We did see cloud coverage that is why it is willie called right now, right now it is freezing. 30s through vallejo. 40s and san jose. Mostly clear. And 20s bayarea wide card with frost and mostly sunny skies. For this week, we will keep it cold but have it for a warmer afternoon. Taking a look,. Coming up, the fiscal cliff, details coming up. The writers of a firing some of their coaches but not their head coach. And the 49ers, heading off to the playoffs. Rain in the new year. Raininrating and rining in the new year [ female announcer ] no more paper coupons. No more paper lists. [ dog barking ] no more paper anything. Safeway presents just for u. Save more. Save easier. Saving more, starts now. Just for u on the safeway app. Auld lang syne music ash hun ....
Beijing. In the earl will i trading in europe, you can see some green arrows. Modest advances. Everything below half percent increase. Germany looks like its the best performers up by close to half a percent. Hope you had a great weekend. Among our top stories, were talking this morning a lot about former treasury secretary tim geithner. Hes joining warburn pincus. Hes been a distinguished fellow. Hes conducted a series of seminars across the country. Hes in the process of writing a book. Well talk more about the story with politicos ben white in just a few minutes. Jpmorgan agreeing to pay 4. 5 million to settle claims for people who lost money on mortgagebacked securities. The bank reached that with 21 Institutional Investors and security trusts issued by jpmorgan and bear stearns which they acquired. Washington mutual which jpmorgan acquired and we should note that this deal is separate from the preliminary 13 billion ....
It and see the situation very much out of control right now. Crews and multiple sponsors trying to get a handle on this and again this says and the green valley road area. Just off bright green all road and this is the traffic impact during the friday evening commute one lane northbound 680 which is right in that same vicinity blocked. Traffic is starting a backup were told on 680 northbound as crews and the area working to control treaty conceals some grass the one thats bromegrass now black. Not all law has burned already i estimate at least half maker so. what still smoldering in the sarnia area mr. Schubert and igniter looking at the center of your screen does appear to be a home all the we do not have confirmation on fire officials said a what is also unusual about this is when the camera was pulled out what you can see other buildings scattered about are not same property now see what a picture of which were also burning right heres another structure of the third black smoke. Pou ....
Firefighters working on putting out hot spots creating a continuous burns on we know right now 40 to 50 homes evacuated all of them in this area where this fire started that year 680 cordele erode 4 00. Call came in as a grass fire on 680 because of strong winds the embers to jump the freeway on to some homes out buildings on what its called Cordelia Junction as seen some people tried watter the drybrush in case of fire caught the train tracks cyprus as a leaves to homes have been damage possibly destroyed as well as several outbuildings one woman came home to find her back are destroyed or her home is still intact. The families of insects. How much damage we think is done. This of minnesota and owner of lawyers the people are safe everybody has a job and we can improve where a loss of. Abortion he works out and he saw aerial view he called and told me that the house is probably on fired a serious thing happened in than 27 all ....
Lawmakers are expected to press yellen for a timetable when rates rise for making progress. Really to talk all things fed and the economy, we have Paul Macaulay joining us on set for two hours, starting at 7 00 eastern time. Then at 8 15 eastern time, we have senator Heidi Heitkamp. Also in our lineup, gard bernstein and larry kudlow. Both of them will testify today at a hearing. Andrew, ill send it over to you. Thank you, becky. Its nice to see were altogether, everybody. Were all back together. Lets talk about Corporate News this morning. The Justice Department reportedly investigating possible pricing coordination among Music Publishing companies. The wall street journal reporting that the doj is now re ....