It sounded like a Freight Train coming right by the house. Officials are blaming a transformer in montecito and the weather causing several homes to catch fire. Cbs news carpenteria, california. Fire burned areas of Southern California is not. Topper tracking the west coast storms now in the weather center. Yeah, once we get through tonight were going to be in pretty good shape. Another batch of heavy rain pushing up into las vegas. The storm itself is about to move on shore. But the good news after we get through midnight thats about it. The bad news another six hours of rain or so. Pretty heavy rain in los angeles up towards la canada fruit ridge and even some heavy rain about to approach san diego. Heres the deal though, by tomorrow, 8 00 were fine. Even at 8 00 in the morning we begin to clear out. A few clouds in san francisco. But notice no big rain at all. This storm begins to pull off and move into the plains and it will end up being a big winter storm for the central and south
Adam shapiro joins us with all the details. Reporter its important to know in regards to tax reform, they have always been on separate tracks. Tax reform will be guided by what will eventually be the 2018 budget resolution in the house and senate. Tax reform according to chairman kevin brady of the ways and Means Committee not in jeopardy. But with healthcare, you saw what happened today. Lets look at the three nors who for lack of a better term killed the repeal of obamacare. Yet there may be at the end of the kay the ability to come together, democrats and republicans. Let obamacare fail. It will be a lot easier. I think we are probably in that position where well let obamacare fail. Im not going to own it. The republicans are not going to own it. Well let obamacare fail and then the democrats will come to us and say how do we fix it or come up with a new plan. Reporter the democrats are quick to shoot back saying the president wants to sabotage income the United States. The presiden
As we saw volatile day for oil, bill, as well. One of the days where bad news was bad news. You could have argued once an upon you could have said bad news would mean that the fed would delay raising Interest Rates and the market rally on that. That didnt happen today. And you wonder if thats the kind of action we will see going into 2015 here if suddenly now bad news is bad news and vice versa. Volatility bill seems to be here to stay. Yes, maam. It is. Well talk about that. The volatility index is moving up as well today. Theres the dow up 120 as kayla was mentioning. Down about 99 points at the apex of the day. The low of the day. Now down 30 into the final hour of trading and the volatility index. Made a liar out of me. Down to 1831 and rather elevated level when you consider the rest of the market has been doing. S p down 5 points today to start the new year. And the nasdaq down 17 at 4719. Before we sta start our panel discussion, we want to hear from you at home. Log on the to c
Time that pointed to this. We wanted to build that got to the substance but talk to the people. Rose we conclude talking about robots with Rodney Brooks. I think were going to see a lot of mixing of Material Science Technology with robots. We havent had that up until now. More like material thats in animals and humans and flexibility and complexity. And then the way we can interact with 9 robots is critically important. They understand us and we understand them. Rose louis c. K. , David Leonhardt and Rodney Brooks when we continue. Theres a saying around here you stand behind what you say. Around here, we dont make excuses, we make commitments. And when you cant live up to them, you own up and make it right. Some people think the kind of accountability that thrives on so many streets in this country has gone missing in the places where its needed most. But i know youll still find it, when you know where to look. Captioning sponsored by Rose Communications from our studios in new york c
Time that pointed to this. We wanted to build that got to the substance but talk to the people. Rose we conclude talking about robots with Rodney Brooks. I think were going to see a lot of mixing of Material Science Technology with robots. We havent had that up until now. More like material thats in animals and humans and flexibility and complexity. And then the way we can interact with 9 robots is critically important. They understand us and we understand them. Rose louis c. K. , David Leonhardt and Rodney Brooks when we continue. Theres a saying around here you stand behind what you say. Around here, we dont make excuses, we make commitments. And when you cant live up to them, you own up and make it right. Some people think the kind of accountability that thrives on so many streets in this country has gone missing in the places where its needed most. But i know youll still find it, when you know where to look. Captioning sponsored by Rose Communications from our studios in new york c