catastrophic storm surges, destructive winds, 30 million people are in the danger zone here we re live on the ground in panama city, which is the target power lunch starts right now and welcome to power lunch. i m melissa lee. straight to the markets. big et storgest story of the dap down for a fifth straight day, breaking key technical levels. also facing its longest losing streak in nearly two years the nasdaq on track to close at its lowest level in about three months rates pushing higher, yields on the two-year treasury note, highest level since june 2008, results of a $23 billion ten-year auction is just moments away and that could be a big market mover. a number of sectors breaking below key levels, transports below the 200 day moving average. retailers also breaking below their 200 day moving average tiffany leading those declines on pace for its worst day in over a year. and look at utilities and consumer staples bucking the sell-off, both are trading higher righ
ashore in north carolina the region is bracing for life-threatening storm surge and catastrophic fresh water floodingment. ups is suspending service to large portions of the carolinas. ceo abney is going to join me. we ll talk about the company s growth transformation. and jeff bezos says the company will announce hq 2 by the end of the year florence making land fall, it is a category one storm the national weather service says life-threatening storm surges continues and the catastrophic flooding is expected hundreds of thousands now without power in north carolina. flights have been cancelled making this land fall a little painful and some of the measurements were getting at 24 hours and 30 inches in atlantic beach is close to the most rainfall we have seen anywhere in the united states over 24 hours. we don t know other than evacuation what it exactly do. in terms of trying to put it in perspective. when we had the fire in california, no one knew what to do these are na
cleveland 19 news, sponsored by national carpet mill outlet. asking questions and getting answers. cleveland 19 news starts now. romona: keep that umbrella handy for the morning commute. it is going to be a little wet. you may even hear a rumble or two of denise: just how long will the rain be sticking around? jeff tanchak is checking the details and has your first alert for your drive to work. jeff: tonight and tomorrow morning and through the day. it is a similar weather situation. we were wet today at times and we will be again tonight and tomorrow. we got a good, steady rain occurring through most of the area. rain and thunder are heavy at times and the wind continues to pick up with wind goes wind gusts of 30. and then over 30-mile an hour wind tomorrow. ponding on the road. a big shield of rain coming in from the east and moving west and rotating around this system to the south of us. it is just staying put. more of the same on the way. look what is going on as
A long-standing Santa Maria news/talk radio station will go off the air, a country music station will get new owners and a third station owned by Knight