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In 2015 on a separate payment that will not be paid. However, the vast majority of the more than 700 million that the island owes on monday by midnight on the 4th will be paid, including importantly the general Obligation Bonds that amount to about 330odd million dollars. Widely held by many mutual funds, Something Like 45 of mutual funds that invest in munis around the u. S. , melissa and brian, are exposed to some of that paper. And thats why were following the story. Kate, thanks so much. Well keep you posted on whats going on in puerto rico. This is power lunch. Im melissa lee along with b...

Market. I knew the warm weather wouldnt last forever. No, winter is finally here. Winter is coming as they say. Amazon, by the way, releasing actually some rare numbers this morning saying it was a record setting holiday for the ecommerce jiebt. We will look at whether there are any other retail winners this Holiday Season. And an ugly drop for one biotech firm, chimerix, the stock down 81 . That story is coming up on the closing bell. Never good when the change is larger than the price of the company there. Not good. Lets start with oil, though, snapping that winning streak as saudi arabias b...

Hamilton boulevard in sioux city. Tommie, whats it like out there . Well sarah, today is predicted to be the biggest snowfall of the year for the tristate area and so far its living up to the hype. Sioux city is a white out right now with less than half a mile visibility. And, the icy sidewalks and streets are making it more difficululfor travel. But, its predicted to get worse tonight wiwh 8 inches coming down in the majority of siouxland. So if you do need toeave the house, were advising you do that now to beat the evening snowfall. I was out earlier this morning and crews are out clearing t...

Thursday on two charges of aiding in animal cruelty and four counts of contributing to the delinquency of a child, all misdemeanors. The case involves cell phone video that allegedly shows the graphic torture of a cat. Four stanton teenagers are also charged as juveniles in the case. Former wayne county attorney amy miller has been assigned as the special prosecutor. She says the case also involves the torture of a possum. Van pelt could face up to six years in prison if convicted on all six counts. Arraignment is set for december 22nd for van pelt and the juveniles. In addition to being a sch...

Today, were dealing with the effects of the winter storm that hit siouxland yesterday and overnight. As the morning snow hit, roads and sidewalks began to freeze over. Sioux city was a white out earlier yesterday, with less than half a mile visibility. And the icy sidewalks and streets were making it more difficult for travel. Earlier in the morning, crews were out clearing the streets and spreading sand, but it was slow going. The Winter Weather conditions did cause some problems for drivers. Ktivs tommie clark shows us the tricky travel on sioux city roads yesterday. Snow. This morning after...