That s p 500 declined, nascar lostering with need on address an important question. Do we have too many of everything . It sure feels like that on a day like today. Too many stores, too many trucking companies, too many airlines, too many banks, and nothing can be done about it except survival of the fittest. For the longest time the free market took care of itself. The big fed on the small. We had rational markets based on companies able to combine and take out costs. But in the last couple years, the federal government has turns violently against these deals. Were starting to see the havoc as company that grow are no longer given higher priced earnings and the government has chilled the whole darn process. I think it is a back lash to the justice departments willingness to bless too many Airline Mergers with the straw that broke the camels back with the u. S. Airlines deal. That raised prices and it changed everything. It has been downhill for mergers ever since. Think about what has
The tenants say since the new owners bought it last year, they have been using harassment tactics to force them out. They say a few fedup families have left. Evicted. I will be homeless. Reporter the city of oakland and tenants advocates are suing the owners. Housing is a human right. All we are asking for the landlord to follow the law. We feel its a little bit of a loss in translation miscommunication. We are really not forcing anybody out. Reporter one of the new owners blames the renovation delays on contractor issues. From an outside point of view, yes, five months may sound like a long time but any construction project that is an older building makes it longer. Reporter they say they are an Investment Company and intend to make money. But will do everything according to the law. The rooms in the current condition are well below market rate. But the reason is for that because the building was dilapidated. So just cleaning it, rents will naturally go up. Reporter tenants pay betwee
A return to school for virginias Second Largest School District today. Our Northern Virginia bureau reporter, david culver, takes us inside Prince William countys newest school on the first day of class. Reporter back to school here at Prince William county means a Brand New School for about 1400 High Schoolers who are at the new just opened colgan high school. For some we met, it means Holding Tight to a map just to figure out your way around. First i have to go in and i have to go immediately up the stairs to get to everything, geometry class. Reporter this sophomore navigating her educational journey. Even with the map i was getting lost at orientation. Reporter she and every other classmate here getting used to this new building, which is massive. A little bit nervous because this is a huge school. Its like ikea and combined. Reporter the High School Opens its doors as the center for fine and performing arts. It features a stateoftheart 1600seat theater, a main gym touting the shar
To turn a wisconsin win into momentum . Well ask Katrina Pierson how mr. Trump is handling this bumpy week on the trail . What happened behind closed doors during the rnc meeting and why is trump m. I. A. On the trail today. The anaconda ad, ted cruz supporter and former reporter on that ad and the lyin ted pileon and how the snake goes around the neck. The Nuclear Summit with more than 50 World Leaders, wait until you hear how he describes the Iran Nuclear Deal today. Likes the jobs report, the Dow Jones Industrial average near session highs. More than a 200 point reversal after initially falling when the Labor Department announced the Unemployment Rate kicked up to 5 but the economy created 215,000 new jobs. Charlie gasparino switched his story, new news on how the Clinton Campaign plans to thread the needle on wall street, and well show you teslas hot new ride. So hot elon musk is updating stunning reservation numbers for the model 3. Less than an hour to the closing bell. Time to g
Anything out there that comes across the area. Count on abc7, folks to track the storms for you all night long. Get updates directly on the phone through the stormwatch7 text alert. Maureen another person jumped the fence at the white house. Threatening the entire complex into lockdown. The secret service says the man was a robbery suspect running from a crime scene. He was arrested after climbing a fence near the sizen hour executive Office Building along 17th street. He was taken away in an ambulance. The lockdown lasted about 30 minutes. Leon it is primary day today in maryland. The president ial race is not the only big race at stake. Brad bell has been at polling stations all day today talking to canaled dates and the voters out there. Brad is live at springdale with the latest on what he has been seeing and hearing one of the highest turnout polling place in area. As a result its busy all day long. Everybody walks up gets a handful of literature. Get a look at this from each cand