The highest ranking executive to leave amidst the 737 max crashes. China isreport saying planning to replace embattled chief executive carrie lam. Australian markets back online. Thats turn to sophie for what to watch and markets. Little australian stocks changed after a twoday gain. Plenty of corporate updates. A potential earnings downgrade looming. They maintained their fiscal guidance in the face of two reports from short seller J Capital Research. On itsnstruments slumped weaker than expected forecast, warning that customers are more cautious in cutting orders. It is back online after the enthronement ceremony. Stocks falling 1. 7 and wellington, led lower by power providers. Rio tinto reviewing options for its aluminum smelter i. The deficit narrowed more than forecast. A quick check on bonds this morning, aussie and he read 10year notes reversing course after a fiveday decline. Treasury futures slightly higher after cash treasuries rallied overnight on brexit uncertainty, which
Breaking news out of california. Severe flash flooding overnight devastating towns and mountains east of los angeles. Key access roads cut off, its from massive mudslides. Some mudslides 12 to 15 feet high. Rivers of debris and mud flowing downstream, the result of rain coming down fast and fierce. As much as 4 inches in less than an hour. The flooding has cut off access to two mountain towns in San Bernardino county, stranding thousands of people. The streets are clogged. A hot tub covered in mud clogging the streets. Heavy debris, mud, boulders. Splitting the town in half. This morning, checking submerged cars for anyone trapped inside. This large van covered by a mudslide. Fire fighters smashing the window to a black car that was washed away down a river and got stuck under a small bridge. It somehow swept off the street, down into the stream behind my house was and bobbing and went down four or five houses. No one in the car, but at least one person has died after their vehicle swe
The idea of a Christmas gift takes on a whole new meaning when it comes to billionaire or millionaire superyacht owners. One of them recently became the .