Just eight trading days. Riding higher on the back of strong corporate profits. The blue chip index bouncing back on yesterdays fall after breaking 26k briefings. House democrats minority liter nancy pelosi also senator Elizabeth Warren and representative sandy dismissing the gop tax cuts. Is still rolling forward on this tax cut. Now apple is joining 170 other companies now sharing the benefits. Also waiting for a reaction from democrats on that, it is the Biggest Company in the United States. The tech titan says it will spend more than 350 billion on u. S. Economy over the next five years creating 20,000 u. S. Jobs. Its going to bring back most of its cash pile overseas. So the 245 billion bucks back home due to the new lower rate. Going to pay 38 billion bucks in foreign taxes. Plus apple giving workers 2,500 bonuses each. Weve got the details. Plus the dc swamp fight over immigration and now military spending threatening to shut down the government friday at midnight. We break it d
And welcome to power lunch. The dow is up above the 25803, holding on to 26,000, up by. 9 of a percent and big games in ibm and boeing. More ahead and Goldman Sachs shares taking a hit on the back of the earning. Well take a deeper dive into the numbers in a few moment. Thank you. Welcome, im tyler mathisen. And here is what else is happening at this hour facebook, google and twitter fold up to capitol hill and are telling congress they are going beyond screening and removing extremist content from their services they are actively fighting against that content and terror. Senate Banking Panel voting again to approve j. Powells nomination for the next fed chairman the vote advances his nomination to the full senate floor and home builder confidence slipping this past month but still hovering near an 18year high melissa. The dow back on the upswing after yesterdays selloff. Bob is at the New York Stock Exchange tracking the action so bob, is it back volatility i mean . There are a lot of
Sandhya. We welcome another storm. Youll notice that theres no signs of it. There is to the north and the west. As you take a look here, there is a cold storm brewing. It is heading down towards the bay area. Certainly will be bringing some much colder air. So while the rain is just approaching the north coast, expected to get here eventually. It is churning up the swells there. High surf warning begins at 10 00 p. M. Tonight and runs until 4 00 friday. Westerly swells 18 to 22 feet. Strongest storm of the season could bring deadly rip current. Its a level one storm. Light storm for thursday, friday. Quarter to half an inch. Breezy at times and watch ut for the dangerous surf. Heres the hour by hour preview. 11 00 tonight, rain is still to the north. We head to 5 00 a. M. , showers in the north bay and by 7 00 a. M. , we see a few drops beginning across San Francisco. Heading into 8 00 a. M. , than shifts the start of an interesting storm. Youll want to stay tuned to find out exactly w
Come on, bro. Lets go. Lets go. Out of the pocket. Oh my gosh. Find him doing it in the gym. Silly saln. Come on. Ay if your jump off the bridge, would you . All you have to do now put a hashtag in it and say yes. Speaking of jumping off a bridge, luke is walking across this rather large bridge. [ bleep ] get it done. [ bleep ] get it done. No. Check and see if theres a boat coming from the other direction. That is a pretty wise thing to say, gayle. Not a lot of wisdom on display in this video. Im going to assume they didnt. The sound got confused toward the end. It was his agony of realizing i think imistake. At that p cant change yo technically we made a mistake. 20 minutes later the Brisbane Police show up fellas getting a police, video from the vlog they had the footage taken away and it will be released in their court case in february, one count of unregulated high risk behavior. They couldnt find anything on the code, so i think they made it. Like, youre dumb. Code two, section t
Maybe even yellow, especially in the north bay. Right now, look at this. Well, that was showing a lot of fog at sfo. You can see visibility on the peninsula, down to mountain view. One mile livermore, the same. Watch out for that and the Altamont Pass as well. Heres a look at the 12hour manner. A mild morning with the fog. The rain will be moving into the north bay during the morning commute. It will be sliding into the rest of the bay by noon. It will be tapering over to showers by 4 00. Upper 50s to low to mid50s with the showers continuing through about 7 00. Lets get a check of the morning commute again with sue. What are you watching . Were watching the east shore freeway, eastbound 80 had a traffic break a minute ago. We had that live on camera. They have cleared that out and westbound your commute direction is what were focusing on. Thats moving nicely at the limit. Light conditions this morning. We had a problem with an overturned vehicle on the waldo grade. Its heavy, thick, d