Change starting tomorrow. So here is the day planner for today. Today is a spare the air day. At 7 00 temperatures still in the 60s and fichts after sunrise at 6 50. Cooler at the coast. Some areas in the 60s. Coming down a lot from yesterday. But still hot inland. Temperatures hitting the upper 90s in some neighborhoods around the bay still warm as well. Mid80s at the coast some areas in 60s. Sunset at 7 19. Gorgeous evening opinion get ready for rain in the ac weather sevenday forecast, liz. Nice tease there. Well check back. And fras as frans inms. Mentioned it was a hot week. Yesterday a recordbreaking day for some parts. Abc 7 News Reporter. Chris wray at a talked about visitors now they handled the heat. How hot. It was supermot even unthe airconditioning it was still hot. It looked like the typical lazy hazy day. Except in september surprising this family from australia. A bit humid. We came from eggleson vegas but it wasnt as benes. It was really raising the water. We made the
Claims at a fiveweek high bon employee bonuses of 1,000 at some places. Now on to the next total in washington the shutdown as the deadline approaches well go live to d. C. For the state of play. And the apple conspiracy theorists were right the company does slow down your old iphones and consumers are upset. Details on that, coming up first up, though, as the tax reform bill awaits the president presiden president s signature, Many Companies announcing bonuses, pay hikes and Capital Spending sn initiatives. At t will invest an additional 1 billion in the United States. Our own parent, comcast, says it will give 1,000 bonuses to more than 100,000 workers and spend more than 50 billion over the next five years in infrastructure boeing, 300 million in workforce training and facility enhancements for its employees both wells fargo and fifth third raising their minimum wages to 15. Fifth third also handing out bonuses to 15,000 workers. Kudlow a few moments ago on twitter said hes never se
Gave Alexis Tsipras the victory he needed. Lawmakers approved a package of pension talks and tax hikes. Those had to be passed before greece could get a bailout that might deliver 94 billion in aid. Tsipras argued for the plan from the parliament floor. Mr. Tsipras during these past five months, we have fought hard. In view of this struggle, which had omissions. I take responsibility for this. I am not walking away. Vonnie the eurozone responded. Officials had agreed in principle to give greece a 7. 6 billion u. S. Dollar bridge loan until the bailout. President George H W Bush has been hospitalized in maine for a broken bone in his neck. Mr. Bush sell at his home. He is 91. A Spokesman Says he is fine and will be in a neck brace. Joe biden seeking support for the nuclear deal with iran. After meeting with democrats, he said i think we are going to be ok. Many democrats are skeptical. Most republicans are flat out opposed. So is israels Prime Minister appeared president obama addressed
It will have erased the gains of the year. Courtney reagan has more on whats exactly happening. One trader i talked to said there is no one sudden catalyst. Just a lot of things were seeing thats making this a be generally riskoff trade. If weve broken through sew key Technical Levels. Specifically on the s p 500. The next level we are looking for is 2,067. Well see if we break through or hold above it. Consumer discretionary, health care, telecom are the biggest drags. Energy is actually higher and crude oil which continues to fall. Despite all the retail news and movers in the Consumer Discretionary names weve been uk talking about it all today, 7 of the 15 performing stocks in the s p 500 are media stocks. It is kind of due to this reinvigorateing talk about cord cutting. If you look at the s p media industry, a subsector group here, having its week since october of 2008 when it lost almost 22 . You can see by that chart was level, then the steep falloff. One consumer discretion yae
Placed on paid leave. Global news 24 hours a day powered by more than 2600 journalists and analysts, in more than 120 countries. I am alisa parenti. Bloomberg technology is next. Emily i am emily chang and this is Bloomberg Technology grade coming up the president and the gop roll out their framework to reread the tax code. We will fail what companies could be in the crosshairs. Trillionsbe targeting of dollars of offshore profits. We will discuss that. Plus amazon steps up their game with a suite of new products. We will review the new products and see if amazon has the upper hand with the holiday season. The iphone x may not be ready for prime time. We will dig into the production delay and the highly anticipated device. Up first to our lead. President trump and Republican Leaders have unveiled their longawaited overhaul to the american tax code. Speaking indianapolis. Corporations are part many trillions of dollars in our economy and many have done this to avoid our taxes the altoge