Temperatures only into the 40s, one or two, threes out there, northwestern suburb, little chill stepping outside and get Saint Patricks day underway. Put it at seven today. Not all that bad. But because we have some rain coming in later today, might have few showers or storms even. Ultimate doppler clear. But well have some green on the radar screen. Coming up later watch for, that little green, to celebrate Saint Patricks day, bob. We all got the green on today. Clock 01, good morning, happy Saint Patricks day, getting up, getting out. Live look at traffic jam for you, the westbound schuylkill expressway, bumper to bumper from center city, all the way over to girard avenue. The off ramp at girard, right at 34th and girard, zoo exit, an accident, as you can see here, everybody trying to get over into what would be that left lane. And thats having a domino effect here, on the vine street expressway bumper to bumper approaching the ramp for the schuylkill expressway. Little fog, south on
The center of that story for weeks. Bob peck, the analyst with sun trust. Bob, its good to have you back. Thanks for having me. The board is considering a spin or a sale of the core assets or maybe other things. Whats most likely to happen . A couple of these. We think when yahoo did not receive its public ruling from the irs that that would be taxfree, but that was a material adverse change. The board right now is doing what it should do prudently looking at all the other options that maybe more taxrisk averse. With that you have a spin of the core and absolute sale of the core. You have a sale of the asset. You could even do a cash rich tax free spin with alibaba. Theres a bunch of alternative theres, and we think theyll ultimately look to maximize their sharing responsibility. Taking it a step further. Tell me what you think is likely. Probably most likely, most simple and we point in our note today, you could just flat out sell the core, which we think could generate 6 billion to 8
Welcome to squawk alley for a wednesday. John fort, kayla, and myself at post nine. Founder, editor, and ceo henry do we have a lot to talk about today . A half hour from yellen, but well start with yahoo. Shares rallying after hearing that the wrau hue board is considering selling off the Internet Business. Theyre meeting today to discuss the idea and also meeting with jeff smith, ceo of star lord. Marissa myer, yahoos board reportedly still has her back. According to kara swisher, not considering a change in leadership at this time. She says if marissa myer leaves, it will happen on her terms. What do you think . I thought star word is right. It will be tied up for years. Where would you do this . Maybe consider selling the core business. Yahoo either needs to say to all the activists swirling around, shut up, were not selling anything, back off, goodbye, or get something done quickly and get past it because its just so distracting. Whats hard about this for me, though, is how do you
He shouted antisemitic remarks at the victim before rung off. And undercover gun operation that ended in gunshots and death. An innocent victim at the wrong time at the wrong place. Shot and killed by an nypd officer. A horrible accident. Friends say 61yearold felix koumei was a good man. He was our brother, and we all loved him. We loved the whole family. A devout jehovahs witness and caring father. Theyre faith is helping them cope. Scriptures tell us that time and unforeseen occurrence befall all of us. It just so happened it happened that way. Gun deal. Brute an undercover cop to make the deal. Then one suspect pull add gun and robbed that undercover officer. The officer says when the suspect point add ed a gun at him, he fired. The officer hit the suspect three times and also koumei, who just happened to be walking behind the suspect. The suspects gun turned out to be fake. Police commissioner bratton offered condolences to the family saying mr. Koumei was blameless and this trage
The sole survivor of a capsize at sea stuck from days on the bottom of the atlantic. A good morning and welcome to Al Jazeera America. Its good to have you with us. Im drait. In a major development. The engineer of the train apparently admitted to a nunion representative that he nodded off at the controls. It happened while the train travelled at 82 Miles Per Hour. The ntsp removed the commoout ear rail employees union, citing a breach of confidentiality when they talked to the media. Al jazeera correspondent has the latest on the investigation. For the First Time Since the metro north Train Derailment leaving four dead and Dozens Injured attention is shifting from mechanical failure, focussing on the trains engineer. Based on this data, theres no indication that the brake systems were not functions properly. It was suggested from William Rockefellers camp that human error was ta play. Saying that he became dazed, suffering highway hypnosis. William rockefeller revealed to a Union Offi