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Happy monday. Im melissa lee. The dow was down about 184 points at session lows. The nasdaq has turned positive thanks to strength from biotech names like regeneron. The worst performing sector, down by half a percent. Well have much more on the bank selloff straight ahead. Here is what else is happening this hour. Some news you heard exclusively here on cnbc, sources telling us bill gross has settle his lawsuit against his former employer pimco between 75 million and 100 million. The number around 81 million. Gross filed the original 200 million lawsuit back in 2015. His dismissal from pimco ...

Start. Cool again for wednesday. Rain though coming late thursday into friday starting up north in the north bay thursday. And then spreading south into the bay area friday. We are looking at soaking rain in the north bay which is great. The northern portion of the state where we have most of our reservoirs and thats where were going to see the highest rainfall totals. Also those Higher Elevations, mountains throughout the northern portion of the state could see substantial rainfall upwards of 15 inches possible again those Higher Elevations usually see more substantial rain. But our average f...

Fired no victims or casings were located at the scene the vehicles were located at the intersection of free way with damage that looked like it is caused by a bullet reporting victims one and two officers canvassed the area and located 3 video cameras and theyre investigating that one and on the 11 block of bayview another shooting no arrests made at the approximately 1444 hours which is 244 officers respondent to the avenue observed a large group and shots fired they searched the vehicle and officers spoke the victim she was not in the area all victims refused medical treatment that ended the...

Chaplin and joyce hicks good evening welcome to the wednesday, october 12, 2016, Police Commission inspector, next line item. Item one presentation of civil rights unit certifications to internet crimes against unit certifications to sergeant internet crimes against children unit, unit civic Center Internet crimes against crime unit and sergeant internet crimes against children unit and the merit to joe think an walker. Objective today we are war we got a department of defense assessment of the Police Department that lays out a number of area for improvement it is important tonight we are happ...

The next stage of this. They are also looking into areas of basically continuous processing cycle in order to support that. So next in and im hoping eventually the board would be able to see their bitmap of the war. Basically you touch anything on the map and it will show you where you are invested in. What reason, what country, what is the specific location and what is the specific company. That is a level of big data that they are headed towards. Also i was going to add their current platform is very sophisticated Compliance Mechanism so they are reporting. That was my next question. As i lo...