If it did indicate still in the air. Chinas shanghai composite closing down half of 1 good cheryl in europe and the sox opened up higher this morning. As you can see the ftse turning a little bit lower after the terror attack in london saturday pizza for 1017, and here substantially higher within one and a quarter . Lauren the price of Oil Prices Jump in about three of 1 after saudi arabia come in egypt, bothering and uae cut ties with qatar. Oil 48. 2 a barrel. Train to looking oil this morning. Apple may unveil a rival to amazon. Co digital amazon. Co Digital Assistants and a speaker to be used with syria. The stock was at the downgrade. We will tell you about it. Lauren said kerry had a tripledouble over the Cleveland Cavaliers in the nba finals last night. In baseball, toronto rallied late is in the long to meet the new york yankees. Trade 25 01 a. M. In new york. It is new york. In his monday commission phase. We would like to welcome you to fbn am, your first look at morning mark
What was the city waiting for to decide whether or not to call for mandatory evacuations . The mayor had not received the water districts letter when he spoke to me and other reporters at 12 45 today. City spokesman said our understanding of the situation at the time was based on the districts information and its hydrological model and that the peak flows in the creek would not be as high as originally anticipated that and the creek channel was adequate for those kind of flows. The reservoirspilled when last months storm exceeded its capacity. So far neither side is showing any willingness to concede. We need to collaborate and figure out anything that went wrong so we can reduce this ever happening in the same way again. Reporter in san jose, david louie, abc7 news. 35 million, thats the historic price of freedom for a h hillsboro woman accused of killing her childrens father. Abc7 News Reporter vic lee broke this story tonight at 5 00, that is a lot of money. Reporter dan, i did chec
Hundreds of homes swamped, thousands evacuated. Millions in losses. Water officials tonight are pointing the finger saying it was a failure to act. Good evening. San jose water officials broke their silence just a few hours ago in a letter saying the flood warnings were there, apparently ignored. The Water District says it wants answers, accusing the city of failing to act on warnings that the coyote creek would flood. David, the citys response . Reporter the city of san jose has questions as well, which it posed to the Water District several weeks ago. The two sides exchanged duelling letters pointing the finger today. Were waiting to see whether or not two entrenched a very airs can Work Together to prevent another disaster. Well see the two sides face a off again in public. San jose blaming flawed data and the Water District blaming the city for not heeding a potential for flooding. Something more could have been done and were not saying what the trigger was. What was the city waiti
Is citigroup. The mortgage meltdown blamed for whats been known as the great recession. Rebecca cooper is live in the newsroom with what we learned about todays settlement. The settlement today still no executives have gone to jail, but the announcement was intended to send the signal that the Justice Department is still punishing and investigating bad behavior by banks that cost many homeowners their homes and the World Economy to crash. They admit they issued mortgages they knew people couldnt pay. They said that the subprime mortgages contributed to the Housing Market collapse in 2008 and the global recession that followed. The banks misconduct was egregious. Under the terms of the settlement, citigroup admits to wrong doing and pays 7 billion. 4 billion will be paid in penalties to the Justice Department. 2. 5 billion will give relief to homeowners and an additional 5 million to states attorneys generalses and the fdic. Just behind bank of america and j. P. Morgan chase. The 7 bill
Damaging for them. The war of the waleses is on. Were talking about the troubles through the royal house of windsor. They may not love each other, but they love themselves very greatly. From the summer through the fall every day seems to bring a new revelation. Dianas taped confessions. Can life at the top get any worse . Maybe fairytales dont come true after all. Privately, insiders say, diana and charles meet and agree to separate, but the queen will not allow it. A period that the palace wont comment on. It was a very difficult situation as the relationship was deteriorating, to try and maintain a happy face and business as usual. Early november, 1992, diana and charles arrive in seoul, south korea. When the plane came to a stop, mr. And mrs. Glum stood in the doorway. Is that what you called them . They looked like two people not only did they not want to be in each others company, but they probably didnt want to be in korea either. Its clear things must change. With regret, the pr