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Good wednesday morning welcome to squawk alley. Im Carl Quintanilla joining us this morning former ceo with us, a mentor at index ventures good to have you with us were down 85 points some of the selling is intensifying although the losses are not huge, the dow and s p are having their biggest oneday drop in about seven weeks. Worst performing sector is telecom. Thats a small sector, big move on at t, causing after earnings miss last night. A few other earnings movers to speak of, were seeing weakness there. Utilities, financials, industrials, broadbased selloff here when it comes to s p. Tech holding up relatively well. Ge getting hit again. Yes opened below 22. Were going to get to the markets with dick in a moment. First up, dick, social media and regulators, twitter saying it will add labels to political ads including who bought them, how much they are spending, ahead of representatives facebook, alphabet and twitter all tes ....
In may, the minimum wage increased to 9. 15 an hour. Five cities opted out of johnson countys increase. A Polk County Task force wants to increase the minimum wage there to 1075 an hour by january 2019. It recommended a plan to the board of supervisors earlier this month. If approved, the county would start the increase at 875, next april. A pacific hurricane is getting weaker, but could still make landfall on hurricane madeline is a category 1 storm with sustained winds of about 90 miles per hour. Forecasters say it could hit the island sometime in the next 36 hours. People on the island are boarding up their doors today in preparation for heavy rain. Hawaii countys mayor says hes keeping a close eye on the storm to make sure the island is as prepared as possible when it hits. Were making our decisions based on the National Weather service, the best a decision. Businesse ....
Just want to take a minute to show you how severe this flooding was. If i would have been standing in this exact spot on friday, the water would have been up from Central Plumbing all the way back to their dock and that was all sandbags 7 feet high and tonight at 10, hear how the Flood Impacted Businesses along the turkey river. Live in elkader, jordee kalk, kcrg tv cedar rapids and how can we stop it . Parents, Law Enforcement and fed up residents are working on solving those questions right now in redmond park. This comes after numerous shootings in town, some involving minors. Last september this fourteen year old, robert humbles, shot and killed another teen. Humbles bullet hit fifteenyearold Aaron Richardson in the abdomen during a fight between ....
Last april, hundreds of people called for more opioid specific treatment at area hospitals. Mercy medical centers turning Point Treatment Center says, since then, theyve added staff and hat if people are able to engage in their treatment within 72 hours, we have a better chance of helping them and following through. Spranger says in the past, patients coming into mercys er who were dealing with heroin withdraw, didnt always meet the hospitals admission requirements. That what were looking at to that and help to support patients when they need it the most. A Welcome Change says kaitlyn lepsch. Her family are left what ifs and could have beens. He never got to do those things and he doesnt get to see his niece, its really hard. One thing many people here say the community use. They say, if you know someone is using heroin, talk to them. If you know someone selling it, t ....
Has your first alert forecast, kaj. Plan on a great day lots of sunshine, a light north wind, and low humidity will make for perfect conditions to start meteorologic al fall. The average high this time of year is around 79 so this is actually rather typical. Tropical storm hermine will continue to block the weather pattern through the weekend with our next chance of storms arriving around labor day. At that time, warm temperatures and higher humidity will also be in the area. Have a good one today mostly sunny, spectacular. Low humidity. Wind ne 510. High 75 tonight clear and cool. Wind light ne low 52 tomorrow mostly sunny. Light se. Low 54 madeline has weakened this morning from a hurricane to a Tropical Storm. But forecasters are still taking the storm seriously. A Tropical Storm warning still remains in effect for the big island and maui. Officials warn of heavy rain, pot ....