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Is flying high. Mcilroy is once again the number one in the world. He is the favorite at this weeks pga championship. For more on this bank rescue, we are joined by guy johnson from london. The bank said earlier that a public rescue would be its last resort. Here we are with the last resort. We had a change of management and the new management look through the numbers and the books and said we need to be more honest about the state of play, about the risks and liabilities that the bank faces. As a result, we got a huge loss last week. As a result, effectively, this bank became insolvent from a regulatory point of view. Effectively, the government has had to step in. A little while ago the management said everything was ok, new management comes in, not so much. We have a problem. As a result, we need some bailout money. Now that they have the bailout money, what is next . Exactlyve to figure out what is happening here, what the real linkages are. The taxpayer is not on the hook, the gov ....
Europe, a couple hours left in the trading session. Mixed picture, pressure in spain and italy. Ireland, u. K. As well, and portugal in the green today. Road map begins now with markets setting up for a lower open after yesterdays bounce back. All major indexes logged the best day in two weeks. Target slips in the premarket after lowering the outlook and raised estimates of expenses related to the data breach. Cochairs hire ahead of the open after the company handedly beat expectations riding a wave of international sales. Cbs ahead of expectations raising guidance for the year. Futures point to the lower open. U. S. Stocks off the best day since july 18, volatility dropped more than 10 yesterday, and crude oil broke a fiveday losing streak, inching up a bit, jim. But the question is whether august continues the streak of under performing august or yesterday change something. Did yesterday change something for you . No. We still have the russians massing on the ukraine border. That sho ....
Have a well established a marine allaire king fahd to us. It will continue to deepen as we head into monday with that said expect cooler conditions. But today is still fairly warm and temperatures in the upper 90s. Similar weather as we head into sundays early next week. Will be more the realm of 70s and 80s. If we take a look at todays high as 77 in hayward cemetery today coming in at 82 and upper 60s along the coast. I will talk about the work week cool down coming up in 15 minutes. but it continues the developing news of a south bay the san jose on the scene of a shooting happened about 1 00 this morning. Mike is on the scene has the latest with the one marty this is a pretty much at the scene Police Mobile command unit in this area remains blocked off as it embodies behind us here at the 711. Several family members in the victim are here they are upset that coming of the macmanus there is the point police are piecing this altog ....
Reporter natasha, investigators have now released the identity of the man who was shot and killed here earlier today. He is 42 year old Daniel Pierre, now police have moved out of the area, but you can see, behind me, the loss that is felt here is weighing heavy on this community tonight. Those flowers placed there along the roadside, as folks remember the man who died and relate sim pat toy his mother who he lives here with here in winslow township. Investigators spent the better part of friday collecting evidence at this home on the 400 block of berlin new freedom road in wins lou township. Police tape at the scene and police unfold how it happened. Meanwhile across the street at the tavern, friends of the victim left stunned. Will smith said he was just with his friends earlier this week. I was fishing with him monday. He seemed fine then. Friday morning that friend was shot and killed. Chopper three over the scene shortly after ....