The bad news for yahoo is that the 4. 8 billion deal between yahoo and verizon may be on life support at this hour. Bloomberg is reporting that verizon is trying to negotiate a price cut or even an outright exit from the deal. Maybe they want out and yahoo taking the potential rejection very badly. It is down more than 5 after it announced it had the biggest hack in internet history. More than one billion users compromised. We have a fox business exclusive with cofounder of aol, steve case, were going to ask him if he were the ceo of verizon, now knowing what he knows about all the yahoo breaches, would he get out with his jacket still on . And is part of this verizons fault . Steve case in a fox business exclusive. Plus, mystery in the motor city at this hour. General motors hastily calls a News Conference but the auto giant wont say what its about. Will ceo and chairman mary barra say her company is officially at war with china or Reveal Technology that could disrupt the entire indus
Supreme court just tits has died she first break on my sa. Com. Reporting 79 year old found dead apparently natural causes. At resort in Far Southwest pope, of the texas. U. S. Marshal service and sheriff and f. B. I. Are involved in this investigation. Tech avrsz Governor Greg Abbott said that saycal was patriot and unwaivering defense der of the written constitution. She was nominated in 1986. By president are on railed reagon. Continue follow this break story we will update you on any anything information throughout news cast. Well turning dangerly cold weather moving despite the frigid temperature our camera daching lot of people still out and about around Copley Square but 1 00 windchill frooel senting temperature plume meting. Fox 25 meterologist is in Storm Tracker Weather Center. Overnight artic irtemperature continue tumble through the evening snours. And then you add that wind and you get brutally cold wind chills. Thats were acapitol hill warns in place for major of aevening
Whoosh grant a warning that strangers may be watching whats going on inside your home. Its scary grant innocent looking baby peeping toms. This is a full hour of your pam breaking news tonight at 8. Pam the mysterious case of a missing benicia family. Takes a bizarre twist. Pam police find the remains of three people in the familys burned out El Dorado County cabin. Pam now the case is being investigated as murder. Pam good evening im pam moore. The bodies have not yet been identified. Pam but the cabin belonged to family. Who have been missing for two weeks, pam tonight kron4s Charles Clifford joins us live from the benicia neighborhood. Where the family lived. Pam charles do police have any leads on who might be the killer . Reporter this case is being handled by the El Dorado County Sheriffs Department and the District Attorneys Office. This afternoon, they announced that this is now a homicide and arson investigation. Reporter on the weekend of september 12th, Adam Buchanan, his se
If we move higher on the Dow Jones Industrial gains and close around these levels, you will see the 40th record high of this year. That would obviously be a big, big deal. We have seen a long winning streak. So you do see the nasdaq and the s p have pulled back. Records for these recently, however today a mixed bag. 3m, home depot, Johnson Johnson have hit record highs today. Momentum seems to be still to the upside. Commodities are gaining. The dollar pulling back but certainly a lot of names we are watching and home depot with higher volume as well. Lori and this news alert. Waiting for official word of the jpmorgan settlement as Charlie Gasparino first reported, the deal announcing today with 13 billion payout. The deal will settle claims the bank overstated the quality of mortgage security during the housing boom. In talks for weeks and as charlie has reported, lot of the backandforth has to do with the language of the deal. Adam making comments about the future move. When he was q
Jpmorgan shareholder, its the fine print. What concessions, what did jpmorgan concede it did wrong, and if it did concede it did something very bad agreed to fraud that it was culpable this some way, that the bank itself not just Washington Mutual which it inherited, not just bear stearns which is part of this deal, but jpmorgan itself which sold a lot of bad mortgages, if it did say i did something really bad, this is going to be a hit to shareholders, and i dont think theyre taking this into account right now if we look at a stock chart, shares of jpmorgan were up marginally. But long term is what you have to look for here, its whether they really did concede they did something wrong in this settlement, and that language is not out. Now, is this a done deal . Yes, it is. Eric schneiderman, the attorney general, just front ran the department of justice. Why does he have the authority to do it . Hes head of president obamas Mortgage Task force designed to hold banks accountable for mor