World. Power lunch starts right now welcome to power lunch and welcome back to Tyler Mathisen im michelle carusocabrera. The dow is aiming for the first up day in five it was up triple digits and now higher by only five points and avis is soaring. The company is partnering with googles selfdriving car division and arconic, much more on this hour for power lunch. A report by the cftn says the merger with walgreens will probably get approval. Brian . Thank you very much new data showing in the first quarter, u. S. Property insurers had their biggest catastrophic losses since 1994s north ridge california earthquake. Losses totalling 7. 5 billion. And Warren Buffett investing 377 million and the Martin Shkreli jury trial selection some of the Major Technology names are taking a hit on the President Trump travel ban news. Well go to Hampton Pearson at the Supreme Court where the president is now weighing in as well hampton . Reporter how you doing, brian . We have the Supreme Court giving a
Map like this where the red and yellow areas show a rise in the sea floor and blue is erosion. He says if a swell hits that sandbar will make for some good times. All the surfers love it when it rains because all the rivers flow and all the waves get good. Reporter so the clock is ticking. Sandbars are usually the most dramatic right after a storm and then flatten out and erode over time. Also, im hearing that a swell is set to hit california in about 36 hours. In santa cruz, kiet do, kpix 5. And take a look at this new photo from the National Weather service showing how muddy our water is from the all the storm runoff. The big brown spot there, thats the san pablo bay. Farther to the south the monterey bay also full of muddy runoff. Within the past 30 minutes crews have just finished repairs on a pipeline supplying water to santa cruz. It was damaged during the storm. Residents had been told to conserve water. And in the meantime in hollister some people are told not to drink their wa
The chief executive officer tim sloan are succeed stumpf. Stumpf was called on to step down two weeks ago. I think this is an acknowledgement that the confidence doesnt have confidence in wells fargo. Thats a shame. Its a great institution. I wouldnt bank with them again until im sure they have changed the culture reporter stumpf who joined wells fargo in 1982 successfully launched them from the financial crisis and kept them free of scandal but lowlevel employees opening fake accounts opened widespread anger from customers and politicians. Hes appeared before congress twice since the scandal broke. Retirement doesnt go far enough. He filed a lawsuit against wells fargo on behalf of Share Holders. All shareholders we have spoken to are clear that its an outrage that hes become allowed to retire without kicking back all of the bonuses hes made over the past several years. Reporter the lawsuit on behalf of Share Holders is seeking a clawback of all the bonuses who were paid who knew abou
Od morning. Oh, what a night. Huge blowout win for the political outsiders in the New Hampshire primaries. Hillary clinton badly bruised, john kasich given new life and the rest are left to fight for their political lives. And donald trump winning nearly every demographic from men and women with and without a college degree, even scoring among conservatives and moderates. 65 who said they quote want a candidate that tells it like it is wanted it trump and most made up their minds more than a month ago. I am going to be the greatest jobs president that god ever created. Remember that. We are going to start winning again. We dont win anymore. As a country, we dont win on military. We cant beat isis. We are going to start wininng asgen and were going to win so happy. O were going to make america so great again, maybe greater than ever t before. I love you all, thank you, New Hampshire. Hampshire. South carolina. Were going to win inca South Carolina. Governor john kasich held 106 town Hal
Ro americas top inittelligence official warns of a litany of doom from isis inside the u. S. Plus a scary moment for north carolinas head coach. And an amazing Lightning Storm captured from space. Early today starts right now. Good morning. Oh, what a night. Huge blowout win for the political outsiders in the New Hampshire primaries. Hillary clinton badly bruised, john kasich given new life and the rest are left to fight for their political lives. And donald trump winning nearly every demographic from men and women with and without a college degree, even scoring among conservatives and moderates. 65 who said they quote want a candidate that tells it like it is wanted it trump and most made i am going to be the greatest jobs president that god ever created. Remember that. Again. We dont win anymore. As a country, we dont win on military. We cant beat isis. We are going to start winning asgen and were going to win so happy. O were going to make america so great again, maybe greater than