Neighbors are concerned about the impact that will have on traffic. The commute is already horrible as it is. Its going to be pretty bad once it opens. Its already bad here. And already we have too many people on the road, morning, evening, lunch time. Reporter apple has a goal of using shuttles and making sure that 34 of employees come to work in something other than single occupancy vehicles. But nearby businesses are hoping for more foot traffic. Nearby restaurants say they cant wait for 12,000 new potential lunch customers. This Shopping Center across the street from apple park has already built a multilevel garage and added new restaurants in anticipation of serving thousands more apple employees. Reporting live in cupertino, marianne favro, nbc bay area news. Lets give you more details, it is set in a 76 acre site, it will house 12,000 apple employees in one building. The loop is more than a mile around, and there are300,000 square feet of Research Facilities and underground park
Let the political chips fall where they may. Donald trump and Hillary Clinton set to battle here in las vegas its third time two Major Party Nominees are meeting on the debate stage. With the second debate wasnt all a meaningful, i guess you wouldnt expect going into it that third debate would mean all that much either to the polls. But who knows maybe something out of ordinary happens tonight that actually does have does cause some sort of shift in the race. Clinton coming into the contest ahead of trump. Nominee holds a 6 point lead over republican rival. Both campaigns however are dealing with a controversies ahead of the debate. We already know that were up against an avalanche of anti trump media. Fine. But that means opportunities like president ial debate allow him to bring that case directly through the silencer through noise to the people. Think she has the opportunity to the tonight really to deflect in ways she hasnt done in the last two debates. Our kitchen table. I think w
Underwriter. Go figure. First, we start off with the fed shocker. Stocks closing off the highs as the Federal Reserve basically said the june rate hike is firmly on the table. Look at the big winners today. Banks, health care, technology, the big losers, bonds, utilities and gold. With june now on the table, are we starting to see the beginning of the next great rotation . What should you do with your portfolio right now . You give up the winning trade for 2016 and cycle into the other one . Obviously pete can speak to the banks. But i thought the soft in the tlt, i understand it, but i think its going to be shortlived. I still think inflationary pressures we had the conversation last night about is june on the table. I said yes. I think tim was sort of with me a little bit. Today clearly puts the fed back into the june mode, right . I think this. I still think the yield curve is going to flatten. Obviously didnt do it today which is why the banks rallied. Everything else sort of makes
By more than expected last week. Separately flipping from july to august. You are seeing green arrows, the dow futures up by 24 points. We did see slight gains like this yesterday when the markets closed. S p futures up by 2. Nasdaq but by 2. 5. If you check things occupy, the nikkei was down. The hang seng up, and shanghai up by 1 . Ahead of that brexit vote, the dax up by 0. 6 . The cac up by. 30. Tesla offering to buy solar city. Tesla would pay 26. 50 to 28. 50 a share. Thats a 25 to 35 premium to tuesdays closing price. Of course, solar citys stock has been down in a very big way this year. Elon musk controls both of those companies. Hes calling this deal a nobrainer that customers could buy an electric car, home battery and solar system all at once. The question is whether it puts too much pressure on tesla assess Balance Sheet. If youre an investor in tesla not youre thrilled. Its all about the battery, and theres a recovering story about two companies controlled by the same per
Morning. Its heading east. The pilots will take turns flying day and night. If goes as plan the trip will end in mid june. Four u. S. Stops are planned. Here are the big stories today. Apple holding a major press event in san francisco. The Company Expected to offer details on the watch including a high end model that some say could cost as much as 10,000. Well talk more about apple and the entry into the dow in a few moments. A new survey finding the fed to raise rates in the second half of the year. 57 of those polled by the National Association of business economists say uncertainty over the Central Banks plan is no longer slowing the economic recovery. And in europe, its official. The ecb has begun the 66 million a month Bond Buying Program. Scotland Goldman Sachs argues that oil prices will reverse the recent gapes with wti. Likely dropping all the way down 240 a barrel in the near term. The main reason . Global crude inventories are beginning to increase again. We did see that st