Japanese electronic giant secures a 1. 9 billion bailout. Lets have a look in on european markets. The stoxx 50 is flat. We did have weakness across europe yesterday. It was only pronounced weakness for the dax in germany off more than a percent. Partly because gdp figures were a little disappointing. Its a continuation of the unwind of qe trade dom natd market trade throughout the year so far. Lets look on what the rest of the european markets are doing today. The ftse 100 below flat. Germany and france managing to stay just in the greece. France just ticks down into the red. Italy also just below flat. Of course there has been a continuing sense of volatility of weakness in the markets. We were a little weaker earlier. We found a little bit of strength over the last half an hour or so but in general certainly nothing to write home about. Lets have a look at bond rates. They continue to be one of the key drivers of the unwind weve seen highlighted by the 10 year in germany. We look at
Divided house where republicans are split on what to do. Rapidly emerging deadlines to pay the bills. Lets go to livy, and where do we stand right now . Reporter well, the house looked like it was doing its own thing today, john, but it has really been a bust of a day. This morning, house speaker, john boehner, went behind closed doors with republicans, and when they edge emerged they were not interested in what was taking place in the senate. The House Republicans said were not interested. Though Speaker Boehner said no decisions are made at this point, the plan emerged throughout the day. But at this point, it was dead in the water. It was yanked back from a Committee Hearing this evening at the last hour because it turns out that it wasnt conservative never for the Tea Party Republicans. The leadership from Washington State said that it wasnt republicans fault. Heres what she had to say. For weeks now, the republicans in the house have been leading with solutions, and we believe thi
Jackpot up for grabs, the morning news continues. This is ktvu channel 2 morning news. Good morning. I am pam cook. Lets talk about the weather lets talk about the weather. Clear and cold for some. Halfmoon bay, i need to amend that, it is 3852 and unless we are in Higher Elevations slightly warmer breezy on the coast, nothing compared to what we had at the surface i thought i was saying san jose. 68 today. It is running a little cooler there. Some high clouds visiting and it is 3s 40 and 50s. 52 fairfield. Overall sunshine slightly warmer temperatures not much happening here, kind of a hoe hum pattern and thats okay sometimes. Temperatures have a chilly morning, once we get cranked up. 60s and 70s and a little northerly breeze, lower 70s, 60s and 70s closer to coast and bay. We do have a problem on the east shore freeway which we have kind of known about and it looks like it is still in the right lane, westbound 880 at central. The traffic has not been all that bad yet and if they cle
Dick thornburg. From washington, it is february, 11, 2013, and we will go the rome for Pope Benedicts historic announce ment. Let me begin with the first read, and with the focus of gun violence in an inaugural address that laid out the case of progressive values and the push for a transformative next four years, president obama will pivot back to the economy in the state of the union address, and the president will outline initiatives on clean energy, Climate Change, and the usual laundry list that you would expect in a Democratic State of the union and it is focused on strengthening the middleclass and things that he previewed in a pep talk after he left last thursday. Our economy grows when everybodys getting a fair shot and everybody is getting a fair shake and everybody is playing by the same rules. President is also expected to cast secondterm agenda items from Immigration Reform to gun control and Climate Change in economic terms. White house says that every one of the president
The next 30, 40 years, so maybe that helps. This is a very complex issue. It has to be resolved. There has to be a happy medium there. Whether or not it is because these ceos are boring abroad for certain things or not, that is up for debate. Im certainly not one who will take a position on that because i dont know enough about it to make that call. There are a lot of very smart people out there, who we should respect, they are very good at what they do and they are still debating about what the Proper Solutions to this is. All right now, this is why were seeing such a huge amount of debate going on in d. C. And in board rooms across the country. Washington, d. C. Host there have been reports that secretary geithner will play a role in these talks. Guest the Economic Team is in place right now. This is obviously a very Critical Role for the administration and for the American People as a whole. With tim geithner, a lot of people have said he is one of the reasons why things are as shak