Page 7 - Record Community News Today : Breaking News, Live Updates & Top Stories | Vimarsana

First, to the lead. Tesla is raising money, they have expanded their offering to raise 140 million more than they already have. What will they spend it on . Why are investors excited . I am joined by our panelists. I want to start with why are people so excited . The reason they are spending this money, they are spending it for the growth on the model 3, they are seeing this and see this pentup demand for their products. That sends a strong signal to the market level of growth is coming down the road. That is why people are excited about this. Emily the same time, eric, they made it clear that...

And in our more Perfect Union series, a pair of texas Furniture Stores opened for people who need food and shelter. The owner says we have got to give people hope. But we begin this morning with a look at todays eye opener, your world in 90 seconds. The First Responders are so busy. 911 calls are not being answered. The situation in port arthur continues to be dire. Tropical storm harvey makes a second landfall overnight. Unless youre in imminent danger, youre just going t have to figure out a way to deal with it. Torrential rains all through the overnight hours. Were seeing catastrophic flood...

Care act. What senator mccain is saying about the grand cassidy bill. We are watching puerto rico and there is a damn that is failing at this point. In danger of flooding the entire neighborhoods downstream. There is been so much rain from Hurricane Maria in that area and more on that coming up. There are about 70,000 people who live in below that damn and the pictures say a lot. You can see the island already has so many problems with power including one of them. We will watch that. Rosemary has the forecast. Its going to be nice today. First weekend of fall and we warm up back into the 80s f...

And the finance Agency Director mel watt. On the status of the Housing Finance system, fannie mae and freddie mac have been in conservatorship for close to 9 years. In september of 2008, hank paulson famously described the conservatorships as a timeout. Fannie and freddie along with fha continue to dominate the Mortgage Market. 70 of the mortgages are backed by the federal government. Fannie and freddie currently earning profits at the Housing Market experiences a downturn, taxpayers could be on the hook for billions of dollars. The status quo is not a viable option. The Housing Finance system...

Maximum category two right now, on the cusp of being a category three. 115 would be the next report. Doesnt happen very often. This lower texas coast actually went lu a period in the early 1980s where they actually had three major hurricanes make landfall, but theyve had a reprieve. It really hasnt been since rita that the coast got hit this hard. Neil it gets more attention here because its also in a neck of the woods in which the entire country is dependent, natural gas, oil refineries, facilities and the like. Is the better part of valor to shut them down and then come back to them when cal...