The boy was kidnapped while sleeping inside of a car in front of his parents home prompting an amber alert. Lisa chan is live in fairfield where officers believe the suspect may have been trying to steal the car. Lisa. Reporter thats right. Police say that was a crime of opportunity because the car was running. But the outcome is the best that they could have hoped for. This happy family was reunited a few hours ago. It was amazing. I was overjoyed with goosebumps and i wanted to squeeze him. Reporter it started as a typical day for suzanne guzman. Her husband put their 8year old son in their car to take him in school to napa before heading to work. He started the car to warm it up and went back in the house. 30 seconds later when she walked outside the car was gone. Just didnt know what to think. I was like, wait, my car is not there. Is it somewhere else . And i am like, the car is not there. Reporter someone took the car and drove off with brock in the back seat. Police immediately
Win streak. Data coming out as well. Ibm kicking off its investor day. Ceo ginny rometty. An exclusive interview. Net neutrality, the fcc taking up what has become a contentious issue. But waiting on important details for Internet Companies like google and netflix still to be determined. First up wall street digesting Economic Data ahead of the opening bell. Consumer prices down. 7. Strip out food and Energy Prices up. 2. Durables nice, above expectations, above 2. 8. Weekly jobless claims jumped to 313,000. Dow closed at record high. Nasdaq ended the tensession winning streak. Within a stones throw of 5,000. A level at which its closed only two times in history. Take it out today because theres a lot of good chatter in individual tech names. I would tell you we had a gauntlet this morning with the runthrough. When you get through a gauntlet nothing that is earth shaking, whether claims durables, inflation. Ive got nothing earth shaking. I dont feel its going to do anything other than
Mission critical rise above d. C. Welcome back to our continuing coverage, Mission Critical rise above d. C. Weve been here all morning long. While weve been here on capitol hill, weve been talking to lawmakers about rising above gridlock and reaching a real deal on the fiscal cliff. In the last hour we sat down with Grover Norquist saying no one should strike a bad deal, and that there is no better reason to raise taxes now than there was in the past. He also added he thinks House Speaker boehner has been a good leader during the fiscal cliff negotiations. And then we were joined by bob corker and bob conrad. Corker said we need to focus more on entitlements now, and he will not sign any package that doesnt deal with entitlements at this point. Conrad said more, not less, should be included in some sort of a big deal. By big deal, he means over 4 trillion. We are now just 20 days away from the fiscal cliff deadline. We continue to bring both sides of the aisle to sit down together. Co
Another labor dispute just to add drama and frustration to the commute around the bay area. Ac transit now facing a strike deadline tonight and Claudine Wong is out there covering those developments. Of course the big news this morning about the other labor dispute. Bart trains are run drag but the negotiations once again went into late night or early morning, however lieu into it. And however you look into it and well have all the latest developments in a moment. Its wednesday, october 16. Im pam cook. Im brian flores in for dave clark. Lets get your wednesday started with meteorologist Steve Paulson with a of course that isnt uncertain. Thats right. We have a lot of certainty here. Its going to be a nice day. Clear, cool for some. Sunny and nice by noon. Sunny and warm this afternoon. 39 santa rosa to 57 san tran. So a huge disconnect. Were going for 80 today in san fran. Ive seen about 60 toward funston and just a hit of an off shore breeze. It should be in the upper 70s to near 0.
Averages as we enter the final hour of trade here and see whether or not they want to be long going into the weekend here, a question we often ask on a friday, but for a different reason. Geopolitical usually. Now youll wonder if they just want to be out because of what could happen on the asian markets over the weekend. As mentioned, heres where we stand on the 4000 level. Yesterday we were watching a 4050 level. How quickly weve gapped down, off 1. 3 . The s p is shedding 16 points right now. The dow off 136 though, 16,034 is the level as we enter the final hour. Lets get to it in our Closing Bell Exchange for this friday. Susan fulton from fbb Capital Partners is with us, ken moraif from money matters, chad morgenlander and rich peterson from s p capital iq, all very pleased that art cashin from ubs is making a rare appearance in the Closing Bell Exchange and Rick Santelli out of chicago so a full house today. Arthur, what is your view of whats going on today . Well, weve got a coup