Its 11 00 a. M. At ibm headquarters in new york, 11 00 a. M. On wall street and squawk alley is live good wednesday morning, welcome to squawk alley im Carl Quintanilla markets having another good day. Record highs across the board. Dow up 135, s p 2561 on the back not just upgrades blue chip merck best day on a percentage basis and several years as a busy earnings season rolls on. And right now at this hour, alibaba backed qudian largest provider in china making its debut here at the New York Stock Exchange stocks surging at the open this morning. Up about almost 40 . Up near 39 . For more were joined by qudian founder and ceo min luo. Congratulations. You own about 60 of the country, so that makes you a billionaire, i believe biggest listing in china im interested in the business youre in providing these small dollar amount loans for people weve seep this in the u. S. With companies, why is this so important for the Chinese Consumer right now thank you thank you for the question actu
Pause between the 12 punch of an aggressive series of california storms. Most the rain is headed into the central valley, the satellite loop shows the next low offshore spreading rain into the bay area tomorrow morning and with it gusty winds and a chance of thunderstorms. Well have the complete forecast request what to expect in just a few minutes. The wet weather is making for dangerous driving conditions all over the bay area. About 15 cars crashed this afternoon on northbound 101 south of san jose. It was raining at the time but no one was hurt. All lanes are back open tonight. The chp says rain was also a likely factor in this deadly crash in contra costa county. A Castro Valley man was killed along with his dog after he lost control of his porsche and veered into oncoming traffic on vasco road. He hit two other cars before coming to a stop. One of those drivers had major injuries. The other not badly hurt. The storm caused other power problems. Our cate caugiran is in sausalito t
Violent San Francisco crime spree as the search continues for the killers. Good evening, im brian hackney. Im ann notarangelo. Killed at california last night as she crossed the street, police say the men who hit her were wanted for several armed robberies and on the run. Tonight, we learned he was from San Francisco. Working a cafe in google. Mark kelly spoke with her roommate today. Friday night, downtown San Francisco. One friend tells me bridgette was likely heading home after dinner with a friend when a car struck and killed her in this crosswalk. It doesnt seem real. Roommates, san rosoff had a strange feeling last night something was wrong. I know people that died. But i havent known anyone that has been killed. The police chase started near the fair monte hotel. They tried pulling over the suspects, three men, but they sped off toward downtown. Police say a gun was tossed from the car near stockton and california streets. Armed with handguns, the suspects committed three robber
Off yesterday from bodega bay. There was a body in the sand nearby. And another in the water. Tonight, two boaters are still missing and search crews are fast running out of daylight to try to find them. According to the coast guard, the boat and four passengers left Bodega Harbor early friday morning around 5 a. M. The coast guard says someone who knew the boats captain gave authorities a call later that evening to report the boat had not returned. Coast guard boats searched all night last night all day today. Helicopters from the county sheriff and the coast guard have helped, as well. The search will continue through the night tonight if need be. One Coast Guard Boat will have rotating crews so they can keep searching. Well have new details at 11. The body of a missing motorcyclist has been found nearly a week after he vanished over the side of the antioch bridge. A jet skier spotted dillon wraths body in the water this morning. The coast guard has been searching for him since last
Reporter ann, he along with others were literally running for their lives when the fire broke out this afternoon. Its a threealarm fire. It happened around 4 00 at the corner of 15th and church streets. The fire caused is Severe Damage to a house and mixed use building. Witnesses say it appears the fire first started at the house and quickly spread to the building next door. Its a threestory building first floor is a market. Second and third floors are apartments. Now, the good news is no one was injured in the fire. Firefighters did rescue a cat that apparently inhaled some snow cover. We talked to the other than of the first story market. He and his wife were working inside when someone ran inside to alert them about the fire. [ indiscernible ] wheres the fire. I go outside. Big fire. I call 911 right away. Reporter you were running for your life of course. Me and my wife and, um, we run away. So the police comes they told me to go out and stay away from the building. Reporter heres