chevron also extended a 29 year streak of annual dividend increases. latest alla is the giant to struggle with a crash in a generation. prices have plummeted. income, less than half the median estimate. higher earnings from refining and chemicals were lesser than production. tracy: apple and electrolux have tried to counter the following pound. with electrolux adding 10% on to

stumpf now resigned from the boards of target and chevron. chevron.he stepped down from his position at wells fargo last week - in the wake of the 53-hundred workers for creating up to two million unauthorized accounts since 20-11.board positions with target and chevron netted him nearly 700-thousand dollars last year. angry volkswagen owners testified in front of a federal judge - claiming the 10-billion dollars emissions settlement isn't enough. enough.as part of that settlement - the automaker would buy back about 475- thousand v-w's and owners would get about 5-to - 10 th judge says he's considering raising the settlement to $15-billion--but he hasn't made a decision yet. college graduates are leaving school with more debt than ever before. before.the institute of college access and success says the average undergrad faced just over 30-thousand dollars in loans last year. that's up four percent from

out here this chevron gas station is now back open. we have people out here at the the good news is nobody was injured. back to you. >>> new developments in the crash that killed a six-year- old boy. ice plans to take custody of that crash suspect when he gets out of jail. and ice spokesperson said something interesting, hermione the genius was not in the country illegally.

profits tumbled at exxonmobil and chevron. is the outlook for one brighter than the other?nd going green. why california may usher in a new era for the still young but fast growing marijuana industry. those stories and more tonight on "nightly business report" for friday, october 28th. >>> good evening, everyone. and welcome. i'm tyler mathisen. sue herera is off tonight. >>> we begin tonight with new developments on the bumpy torturous clinton e-mail trail. in the militant of the trading day, the fbi said it would review additional e-mails in the case, possibly involving the private server that hillary clinton used as strait. secretary of state. in a letter to lawmakers, director james comey said his agency was taking steps to, quote, determine whether they continue classified information, as well as to assess their importance to our investigation. and when the news broke, the markets spoke. loudly. stocks dropped sharply, ripples sent through the currencies, commodities and bond markets, as well. by the end of the day, the major stock averages recovered somewhat. the dow

first we start with chevron. about crude oil doubling off the bottom 25 into this key resistance around 50, 52. but we believe supply and demand are on divergent courses. if crude goes higher, chevron goes higher. talk about having your cake and eat it too. up 14% and still one of the biggest dividends in the dow. you can see this key area of support. we think this 200-day holds and when crude gets above 52, you're going to get a trading range breakout that's going to take chevron higher. let's go the other way. cats and dogs living together. this is actually the best performing stock in the dow this year. up 28% year-to-date. 60% off this low. and admittedly, you have a very bullish base of support here. but you're into this critical line of resistance around 90% and we heard earlier about the visa ceo leaving. today the caterpillar ceo goes out on a high note. talking about early retirement. so with the stock up 60%, into resistance, the ceo on the way out, i think this is where investors should look for a way

you want to do exxon/chevron?mean, exxon people looking year over year saying they're not doing that well, cap x big, chevron made a lot more money than people thought. chevron just -- i don't want to say one is better run than the other. these are very long term fabulously run companies, frankly. and i have to hand it to exxon. i was always critical of them they weren't spending more money when things were better, but they take a 50-year view. and you should take a 50-year view on their stock. >> right. >> they're just a very well run company. but they didn't buy any of these great assets in america when things were down because it's so hard for them to move the needle. and chevron does a lot of stuff in the gulf and done quite well and really hit pay dirt. i think chevron is a very well run company, both are well run companies. in the end where the money went to was pioneer, sierx, apache, companies that really have done a lot in this country. >> don't typically come back to something we talked about in the mad

chevron posting the first profit in the year. eps --uarter eps test third-quarter eps, a 29 year streak. and amber has lost a lawsuit over how you pay drivers.

it also allowed us to take a second look at the remaining 600 acres not under lease to chevron but weay there a viable for solar good i will let laurie speak to that opportunity. i think what i want to bring to the attention of the committee is just that we've had an alignment of market forces. i think trading the perfect opportunity to move forward with this as proposed to you. that is that, not unexpectedly, the yields from the lease had been declining and of course the price of those yields on a per barrel basis have also been declining and so as indicated in the budget legislative analyst report we are now down to something in the low-mid- $300,000 per year revenue stream that that is our royalty revenue a little over 15% of the revenue earned it that's the royalty agreement we have with chevron could that is down from something over $800,000 per year. easily. that combined with crater efficiency of solar farms and the potential revenue changing in an upward direction we crossed paths. we're a few years ago this might not have been a smart this cool investment and there's no quest

but exxon and chevron are up the same amount. if you ask me, i always like the chevron guys. i think they offer a lot -- bring a lot to the table. but my charitable trust owns occidental. better yield right now, a little bit bigger than these guys, and i think has more of an opportunity to bring out value. so i think if you want to be in the patch, go occidental. a little less yield than chevron. little more yield than exxon, but a lot more opportunity. anyway, banks, energy, and airlines, three areas of the market that could be ready for a sustained rally after being out in the cold. i prrtly like the oil service companies. 67 more ahead on "mad money." i'm talking with groupon's ceo after a very rough earnings report to see about the e-commerce. then with student loan daet at $1.3 trillion, i'm talking to one private company that thinks it can help. and all your calls rapid fire in tonight's special edition of the lightning round. so stick with cramer. ♪ we're drowning in information. where, in all of this, is the stuff that matters? the stakes are so high, your finances, y

four miles from this chevron near jermaine and alma school. the sticks able to deflate the tires of what look like a mini van. armed robbers into custody. we're waiting for an update from chandler police with more information on the three suspects. we're live at chandler and the 101. brian west, 12 today. >>> checking hot headlines. now a deadly crash near 35th avenue. it cost a man in his feast his life. the victim was not in the crosswalk. the driver may have been blinded by the sun. >>> a troubling warning from the department of veterans affairs, that inspector general report says veterans are still dying while waiting for care at the oe system. the phoenix system was at the center of a national scandal back in 2014 when va internal investigations identified 35 veterans who died while awaiting care. u.s. house veterans affairs committee chairman, jeff, says many of the original problems remain at the phoenix va and delays possibly contributed to the recent death of at least one veteran. >>> a proposed grocery store in downtown phoenix could

former wells fargo c-e-o john stumpf resigned yesterday from the boards of target and chevron. it comes a week after he resigned from wells fargo in the wake of the bans stumpf became the bank's c-e-o in 20-07. he earned 400-thousand dollars last year from his chevron board position... ...and 275-thousand in fees and stock awards from target. stumpf forfeited 41-million dollars in stock awards at wells fargo... ...but still left the job with roughly 130-million dollars in shares and pay- outs accumulated over the years. now a letter that's come to light shows that stumpf may have known about the fake accounts problem for years.. angelica joins us from the newsroom with new information. fargo employee -- it suggests c-e-o john stumpf may have known as far back as 2007. this, of course, referring to the more than 2 million fake wells fargo accounts opened by bank employees without accout holders' knowledge. the letter was addressed to stumpf and warned of "unethical and illegal activity" inside wells fargo. it also warned of "routine deception and fraudulent exploitation of our c

chevron agreed to leave a note asking for that person to call them. >> i just ignored it because i knew what was coming, or at least i thought i did. >> that person was raymond olson. his 22-year-old only son, also named raymond, was killed by a drunk driver on the spot in 2003. >> it's like there's a whole other dimension of pain that you think don't think can exist. they just bring back memories. >> raymond poured all that pain into the memorial, haunted by the fact that one day, when both he and it were gone, his son would be forgotten. but that day is not coming. >> where do i start? >> thanks to this one. >> i'm wondering where i'm going to start. >> satisficesar and chevron got together to erect a bench and a plaque at a nearby park. >> i can't find the words to thank all of you. >> raymond says he thinks he'll be able to start living his own life once again, one that's been on pause for the past dozen years. still, he'll need a little time to think about what that life will be like. but he knows just where he'll be sitting to figure that out. >>> up next on bay area proud, nothin

they made a lot of money, chevron.hey are a good company. >> qualcomm and deere are on the move as the street says buy those stocks. the traders, we'll give you their takes ahead in the blitz. what are you doing? getting your quarter back. fountains don't earn interest, david. you know i work at ally. i was being romantic. you know what i find romantic? a robust annual percentage yield that's what i find romantic. this is literally throwing your money away. i think it's over there. that way? yeah, a little further up. what year was that quarter? what year is that one? '98 that's the one. you got it! nothing stops us from doing right by our customers. ally. do it right. let's get out of that water. ally. do it right. ♪ guyhey nicole, happening here? ally. do it right. this is my new alert system for whenever anything happens in the market. kid's a natural. but thinkorswim already lets you create custom alerts for all the things that are important to you. shhh. alerts on anything at all? not only that, you can act on tha

it also allowed us to take a second look at the remaining 600 acres not under lease to chevron but weay there a viable for solar good i will let laurie speak to that opportunity. i think what i want to bring to the attention of the committee is just that we've had an alignment of market forces. i think trading the perfect opportunity to move forward with this as proposed to you. that is that, not unexpectedly, the yields from the lease had been declining and of course the price of those yields on a per barrel basis have also been declining and so as indicated in the budget legislative analyst report we are now down to something in the low-mid- $300,000 per year revenue stream that that is our royalty revenue a little over 15% of the revenue earned it that's the royalty agreement we have with chevron could that is down from something over $800,000 per year. easily. that combined with crater efficiency of solar farms and the potential revenue changing in an upward direction we crossed paths. we're a few years ago this might not have been a smart this cool investment and there's no quest

he resigned from the boards of target and chevron yesterday. he earned 400-thousand dollars last year from his chevron board position... 275-thousand in fees and stock awards from target.stumpf forfeited 41-million dollars in stock awards at wells fargo......but still left the job with roughly 130-million dollars in shares and pay-outs accumulated over the years. 3 shares of domino's pizza hit an all-time high...after the company reported third-quarter results that were piping hot. the company said same-store sales -- at restaurants open at least a year -- soared 13 profit rose nearly 25-percent compared to the same period a year ago. as a result... shares were up six percent yesterday. 3 in your health watch ...we've read and heard about studies that say working long hours or even overnight hours can be harmful to your health.. health..now a new study is looking into the best work schedule based on your age. age.for teens and young adults.. later may be better. dors shouldn't start school or work earlier than 9 or 10 a-m. for adults in their 2

the level of skepticism is extreme high. >> this is some of the stuff people are doing in chevron and, you can sell calls against it, take a little extra yield, it gives you buffer to the downside. >> that's a preview on the show. i just said no flat out. exxon and chevron up 12% year to date. >> it is, so exxon, for example, has traded from 95 now down to this 86 1/2 level. if dan is right, and you talk about percentage, i'll put it in dollar terms, a dollar and a half or so is what they're looking for up or down. if you get that dollar and a half to the downside, that gets you to 85 bucks, which is the midpoint between the range we've seen over the last six months. that gives you a great opportunity. >> what happens this sunday? >> i actually think that to me, oil trades in some kind of a range. probably 40, 50. i actually think 50 might be the floor. that's because the saudis need it to stay at that level. they've chained oil ministers. yes, there is going to be some volatility. you can trade crude. but if you just want to play the game, then i think something like exxon, you sell

the east bay times report they are contractors for chevron's richmond refinery. the victim says the suspects knocked off his turbine and hit him in the eye and mouth and slashed his finger in late september. the suspects also cutoff his hair which is against the sikh religion. chase little and dustin alvarado were arrested for the attack. members of richmond's sikh community and the mayor called for the two to be charged with a hate crime as well and chevron says the contractor has fired both men. >> dan: san francisco police found the wreckage of a boat that sank near pier45. only 7 news is showing you this sonar image. the front of the boat is on the left. according to state records it is a 34-foot boat called cali is ssi. it went down with 33 people on board after the blue angels finished their performance. a witness nearby saw the whole thing. >> traveled alongside the jetty there. that's their lane, their highway. there are dozens and dozens going by at a quick clip president one of them disappeared. >> dan: police are investigating whether the boat was over

>>reporter: all of that happening in the parking lot of the chevron gas station. according to police, two men got into a verbal been physical confrontation. that's when a 3rd man pulled out a gun and shot the victim. lieutenant dan mcgrath said detectives are looking into possible gang ties.>> we've seen that in the past. often gang connections that are more apt to rise to the level of violence more quickly. >>reporter: he says the suspect jumpedinto a dark-colored car and headed east on lake mead. as a precaution, three nearby schools placed on temporary lockdown includingmountain high school. - - was at band practice when students were told to get neighbors say this isn't the first incident in thearea. >> a guy got shot two weeks ago over that way . >> the name of the man who died has not yet been released. the two suspects are both male. on both medium build. not much of a description to go on just yet. if you think you know something you can call crime stoppers and remember you can remain anonymous. reporting live, i - - for news 3. >> a dispute between roomma

the east bay times report they are contractors for chevron's richmond refinery. the victim says the suspects knocked off his turbine and hit him in the eye and mouth and slashed his finger in late september. the suspects also cutoff his hair which is against the sikh religion. chase little and dustin alvarado were arrested for the attack. members of richmond's sikh community and the mayor called for the two to be charged with a hate crime as well and chevron says the contractor has fired both men. >> dan: san francisco police found the wreckage of a boat that sank near pier45. only 7 news is showing you this sonar image. the front of the boat is on the left. according to state records it is a 34-foot boat called cali is ssi. it went down with 33 people on board after the blue angels finished their performance. a witness nearby saw the whole thing. >> traveled alongside the jetty there. that's their lane, their highway. there are dozens and dozens going by at a quick clip president one of them disappeared. >> dan: police are investigating whether the boat was over

the chevron doctrine has 2 parts. unambiguous and clear they have to follow what it says. when the law has ambiguity the agency has a chance to give the law a reasonable interpretation. the courts will defer to a reasonable choice the agency makes. off-the-wall unreasonable interpretations will fail, but if there are two or three different reasonable interpretations the agency will get to pick one of them. there are a few cases, some of which are inside chevron, some outside, in which judges assert that there is a tougher task to be met. judge kavanagh was trying very hard to make the case that this was such an instance. i do not think that he had any other people picking up on that with him. judge tate all and a couple of the others, judge griffith, went out of their way to say that they thought this case was an ordinary chevron case. surprise? think, actually, judge griffith's first intervention when he said "what is so special, so transformative, about this?" it is a pleasant surprise that he is asking tough questions of both sides. >> what about you? >> i echo allison.

they have this chevron taped off as they conduct their investigation. let's get to this video where we see the three suspects, we don't have that video right now, but a couple of miles from here suspects led police on a high-speed chase were three people were detained. taken away in handcuffs. we are hearing speeds reached high levels. police had to use spike strips to get the suspects to stop. you can see police are still on the scene conducting their justin is live in phoenix on another crime scene. just in? >> reporter: i am right here at central and mcdowell street. look at this mass. this is after a car plowed right into this construction site. you can still see the skidmarks. if we show this video, a little bit ago that car was in construction site. dps thought this car was involved in criminal activity. they intended to stop it but the car took off. when they were in the area looking for the car they came across this crash. they believe the people inside took off. they found drugs in the car. they believe a little bit of heroine was in the car. a

stumpf earned 400-thousand dollars last year from his chevron board position... and 275-thousand in fees and stock awards mom in new mexico. she is making national headlines for packing two lunches for her young son. it's not because the boy is extra hungry. josette duran says her son asked her to pack extra food -- for a little boy who needed it. that child's mother had lost her job -- and couldn't afford to pay for school lunch. volleyball team at the school raised more than 400 dollars to pay duran back. instead -- she used the money at the cafeteria -- to pay all the past due accounts for kids who need lunch. it's xx and we're just getting coming up. ready for round three. coming up. ready for round three. the final debate of this presidential campaign season is hours away. and it appears both sides are ready for a fight. we have a preview coming up. and we are following breaking news. a traffic stop near the university of maryland triggering a manhunt overnight. who police are looking for... washington. - warmth continues for 2 more days - showers likely by

it also allowed us to take a second look at the remaining 600 acres not under lease to chevron but weay there a viable for solar good i will let laurie speak to that opportunity. i think what i want to bring to the attention of the committee is just that we've had an alignment of market forces. i think trading the perfect opportunity to move forward with this as proposed to you. that is that, not unexpectedly, the yields from the lease had been declining and of course the price of those yields on a per barrel basis have also been declining and so as indicated in the budget legislative analyst report we are now down to something in the low-mid- $300,000 per year revenue stream that that is our royalty revenue a little over 15% of the revenue earned it that's the royalty agreement we have with chevron could that is down from something over $800,000 per year. easily. that combined with crater efficiency of solar farms and the potential revenue changing in an upward direction we crossed paths. we're a few years ago this might not have been a smart this cool investment and there's no quest

dustin albarado and choice little who came here to work at the chevron refinery in richmond. today they issued a statement saying chevron regrets this very unfortunate incident and does not tolerate this type of behavior from its employees or contractors. they confirm the men arrested were terminated and banned from entering the refinery. >> our police department has done an excellent job in apprehending some of the suspects. i have confidence that they will find the risk. investigators are following up on more leads and could make more arrests by the end of the week. in richmond, i'm leslie brinkley, abc 7 news. >> an alameda county jail inmate is suspecteded of strangling or beating his cellmate at santa rita jail. sheriff's deputies say the men were being held in a maximum security facility. >> no indication that either one of these gentlemen couldn't be housed together. if there were concerns we would have put them in a segregated cell where they would be by themselves. >> the sheriff has locked down that part of the santa ryota jail while investigators question other inm

the shooting at a graduate of the chevron gas station i was memorial boulevard. police said this was related to a fight the started earlier snack. >>> danger and deputies are looking for man who tried to lure a teenage girl and his van. the 15-year-old said happened around time on friday. the girl took off running and call for help. deputies are hoping that someone who lives in the area may have caused something of our home security camera. the man was driving older model than >>> more than a week after hurricane matthew impacted still trying to get back on their feet and fema is continuing to canvas neighborhoods around the area devastated by the storm. as we can crews spent time at the st. augustine area doing just that. >> charlie brown from fema was out with state and local officials canvassing neighborhoods affected by hurricane matthew. >> if you received water in your home, your roof from wind or rain. >> her job is to assess storm damage caused by this one, with a tree in a two 297-year-old edith:. >> i was so glad to have them here. >> we had a report to

>> yeah, we think that chevron just has too much risk now.o balance pretty hefty dividend increase, excuse me, hefty dividend spending along with trying to streamline the company. we're worried that production is going to eventually turn into a shortfall. names we like better, eog resource, noble energy and occidental petroleum as well. large cap names. >> thanks so much. >> got to get to josh. >> that's right. so, we are here in cupertino, california, where tim cook just got off stage. he unveiled new mac book pros today. they are 17% thinner. 23% smaller. they weigh about three pound, so about a half pound lighter than the older models. of course, also more powerful. faster graphic, faster memory. these new pcs are going to run on sierra, the new mac operating system. that means that sira, the voice substantiate, will be coming to the mac. in terms of new features for these pcs, they were touting for example, a new feature called touch. the touch bar. this is going to be this multitouch keyboard strip that kind of sits on the machine and wh

chevron conference call very, very bullish. 2 million acres -- huge amount of permian for chevron.urse everyone is very gaga for permian. but look, there's a lot of belief that you can make money if you have the right properties, on shore properties, 40, 50, i just think that in the end people got too bulled up so to speak as they always do and iran is a spoiler and iraq is a spoiler. they're always going to be that way. iran can do 6 million. >> they'd love to. by the way, oil touched 48.17 this morning. that's the lowest since october 3rd. >> wow. >> you mentioned chevron and exxon getting flipped at goldman. >> exxon was the great conservative, that was the great defense play and chevron was more aggressive. so there you go. chevron -- that was a monster good conference call. i really loved it. >> deutsche flipping macy's and nordstrom. >> macy's and nordstrom has had a good run, macy's has done nothing. the one i've been in awe here is mastercard in terms of things that have been working. fantastic conference call plus 20. some of these companies these are whether it be -- cred

alix: in chevron's case, it was the opposite. half billion dollars over the last months and they did not. where is x ongoing versus other big oil? going versusxxon other big oil? fadel: we do not really consider it a part of their operating results, so excluding operating results the adjusted earnings for both companies were significantly higher than expected. one of the reasons is that because they fell into a much slower tax bracket because of the week earnings. tax rate is exxon's about 20% and usually it is about 40% so they benefited from a reversal of taxes. having said that, when you look at what happened to both companies, they are in the worst financial shape in their history. their debt level is the highest ever. they are borrowing money to feed the dividends. i have been following these companies for 30 years and this is the first time i have seen them dipping into their bank accounts to pay the dividends. the good news is that i think the worst is over. i think we have already seen the low in earnings. so going forwar

we know exxon and mobile eventually were merged and actually texaco and gulf also merged into chevron. so, we're actually talking about four companies today, but for most -- a good chunk of the 20 them century there were seven companies that were really almost dictating public policy, and the american companies had a huge impact on our tax policies, they research that was actually done for oil and gas industry, the whole system of energy that we actually use today. and this got very dramatic in 1928, the kind beginning of the oil and gas industry drilling in the middle east. you'll remember that the middle east was created at the breakup of the otto man empire by france and britain, and the oil industry was already there and interested in the resources. so, in 1928, when oil was found in iraq, the big oil companies, the seven -- they're called the seven sisters -- named after a greek mythological story before atlas' daughters who fought amongst themselves but if there was ever an attack on one of them, they all gathered around and protected her. so they were nicknamed the seven sister

when you look at chevron, five years ago, they did $13 in earnings. you know what they're supposed to print this year? $114. >> halifax half of that, what it was. this is a company that's cash -- >> understood. but we're very likely to see eps grow 100% next year. and possibly 100% the year after. so when you think about that dividend yield and you think about, you know -- how underpositioned investors are, i think exxon and chevron could -- you know, lift the xle easily to the high 70s. >> is your point the company is not cheap? >> my -- my point is, it's not cheap right now, based on a dollar's earnings and we keep hearing people talk about large integrated earnings on a pe basis, look very expensive. it won't take a lot for them to look cheap again. >> because earnings are growing. >> halliburton, yes, on the eps side, absolutely. revenue side, not bad. you are absolutely paying up for halliburton, i believe, at these levels in terms of valuation. that's okay, because it's probably still room to the up side, given just the momentum in the space. bu

and chevron contributing the most to gain on an individual basis. chevron, the big oil company, coming out with its first profit since 2015, as we've seen a rebound in oil prices. and elsewhere, we're seeing a bit of push and pull as well. it is a down draft decidedly among the u.s. drug distributors after mckesson said it was forced to respond to aggressive pricing competition, and as a result, cut its annual profit forecast. this was really surprising to analysts and investors, and you can see that the price was reflected in the price, down 23%. its competitors are down as well. mckesson the first drug distributors to report earnings, so there's concern this may affect others as well. we're also looking at 9 retailers, apparel manufacturers today. columbia sports wear cutting earnings per share and sales forecasts. those shares down 2%. deckers, the maker of uggs, cutting the top end of its forecast. however, it does look like there were price increases in the quarter, and it said there were delayed ugg shipments in europe last quarter, so those s

tuesday he step down from the boards of target and chevron. he earned $4000 last year from his chevron position and $275,000 in fees and stock from target. he left wells fargo with roughly $130 million in shares and payout accumulated over the years. >>> a store at tampa them to national airport is stop shop for locally made goodies. >>> have you seen delta flight attendants wearing these uniforms? wait until you see their designer upgrades. the new look is just ahead. >>> storm team 8 weather is on hand for the brand opening of a new johnson & johnson facility. the new facility will serve as the north america global services center. about 240 employees will be basically there. it is located at fletcher avenue and i 75 in tampa. the number will increase to 500 and in tampa. the number will increase to 540 employees by 2020. >>> tampa international airport is celebrating another milestone . it is the grand opening of an airport concession sein businesses. news links, is selling local goods. travelers will be able to shop for snacks from t bell

would be the best choice ca for law enforcement, stephen was issued this statement-- seward county chevron swat team those with donald trump during the august campaign stop they help to protect him while he wa back in the post this photo on facebook , they put this on the cover of the official of the naacp saw that raising concerns. >> there was no hidden agenda , this was a bust proud of the team his job donet to give them some public credit. >> said the photo because he worked alongside the deputies and proud of my job well done, when more about the man shot an killed by westlake policece they say that thesu airsoft pistol dave carr, when he robbed a cvs on the tribe and crashed his car a few blocks awayvs that's when he was shot, the suspect dieda at the hospit tonight both officers or on administrative leave. the video of macedonia city workers passing out flyers abou tax issuesidy draws criticism f some taxpayers. >> there patent were not to be video captured of workers distributed flyers for a town hall meeting about the tax issues, the mayor in most of city council supports, the bac

chevron also extended a 29 year streak of annual dividend increases.e giant to struggle with a crash in a generation. prices have plummeted. income, less than half the median estimate. higher earnings from refining and chemicals were lesser than production. tracy: apple and electrolux have tried to counter the following pound. with electrolux adding 10% on to its home appliances, a comes ahead of the easy holiday shopping. , this ishopping period the busiest shopping in two years. the u.s. posted its fastest growth in more than two years. that was in third-quarter numbers. better than expected. it failed to resolve the debate from the fed. campaign.ential emma has the details. reporter: fridays gdp report shows analyzed growth of 2.9%, the biggest increase in two years. it is bigger than the 2.6% expected by economists surveyed by bloomberg. the second quarter had a 2.4%. growth in the third quarter was driven by industries and exports. rebounded and continue to grow for the first time in squarely 2015. exports accelerated, adding the 2013.o the gdp si

loftus)) >>> former wells fargo c-e-o john stumpf is no longer a member of the boards of target and chevron. he resigned from the board yesterday a week after stepping down as the banks ceo after the company admitted to firing 53-hundred workers for creating up to two million fale accounts since 20-11. ...but still left the job with roughly 130-million dollars in shares and pay-outs accumulated over the years./// ((brian loftus)) >>> as presideo the days until the end of his presidency, he hosted his final state dinner at the white house tuesday night. the dinner honored italian prime minister matteo renzi. and the president was in a jovial mood when he addressed his guests president barack obama: >> "welcome to the white house. and welcome to the final state dinner of my presidency. but in the immortal words of a great italian-american, yogi berra, it ain't over til it's >> the dinner's guest list includes such celebrities as comic jerry seinfeld, singer frank ocean and auto racing legend mario andretti./// ((kirsten joyce)) >>> strong winds are causing mow ((brian loftus)) >> coming up on

it happened in at a chevron, near lake mead and hollywood, around six this morning. police say three men were arguing when one shot another man several times. two suspects ran off. we're told the victim has believe this is gang related./// ((brian loftus)) >>> the preliminary report is out surrounding the new jersey train crash. exactly when the engineer hit the emergency break before the crash./// and... the u-s has launched so-called "self- defense strikes". what led to the attack... straight ahead on the valley's news leader. ((you're watching the valley's news leader with brian loftus, kirsten joyce and sherri swensk. this is 8 news now at noon.)) he's divisive and dangerous. "uh, i don't know what i said. uh... i don't remember." but congressman hardy supports trump 100% and said he'll do whatever trump wants him to do. hardy even said people with disabilities are a drain on society donald trump and congressman hardy -- divisive and dangerous. ((brian loftus)) >>> federal investigators released a preliminary report from the september new jersey transit train cra

it happened yesterday morning at the chevron terrible's near lake mead and hollywood. police say two men were arguing... and then a third man walked up and shot one of them. the victim died on the scene. police believe the men knew each other witnesses say the suspects took off in a grey four- door sedan. metro says they are working to enhance some grainy surveillance video of the shooting information you are asked to call crimestoppers at 702-385-55-55 a breach at a local credit union... has led to many accounts being wiped out. the incident happened at the 'one nevada credit union' on decatur near blue diamond fox5's adam herbets has more on this story. (cricket chirp atm) dear alonte gray, we have determined information has been compromised. (card gets pulled out) we will be deactivating your card at 4pm today. its the email nobody wants to receive. typical fun day in las vegas! haha thousands of dollars... i hope all these people get their money back. ...gone, because of a hacker. criminals. criminals. they're getting smarter with computers -- finding more ways to

resigned from wells fargo in the wake of the bank's fake- 400-thousand dollars last year from his chevron board position. and 275-thousand in fees and stock awards from target.stumpf forfeited 41-million dollars in stock awards at wells fargo. but still left the job with roughly 130-million dollars in shares and pay-outs. 3 college graduates are leaving school with more debt than ever before. the institute of college access and success in loans last year. that's up four percent from 2014. that means students will have to pay around 300-dollars a month for more than a decade...to pay off their loans. 3 holiday spending is expected to increase this season --- but you may not see any more seasonal workers on the sales floor than last year. analysts say consumers are doing more of their holiday shopping online -- instead of the mall. still, they anticipate retailers to hire about 700-thousand additional workers for the holid 3 new research has found that a woman's genes could determine what kind of symptoms she experiences during menopause. cbs' chris martinez has the details on the first of

chevron es vale la pena el sacrificio yo no me arrepiento de la decisiÓn que yo tome tome de haberlo las uÑas coinciden en el gran esfuerzo que con lleva tener un hijo con esta condiciÓn. >> definitivamente hay que pensar en tener prestaciÓn de servicio para esta generaciÓn de niÑos que van a estar mÁs lacÓnica encefÁlica. >> son personas cometen el costo testamentos muy grandes para un paÍs que no pocos recursos asÍ que entre esas dos situaciones de justicia social y de los mitos que representa las personas con discapacidad para la comunidad es esta situaciÓn que enfrentan. reportera: para 2015 la palabra microcefalia no tiene tanta resonancia portorriqueÑos por esta condiciÓn come con el virus del zika. el mayor reto que enfrentan padres y madres que tienen hijos con agudeza microcefalia vas mÁs allá de los quitarÉ diario vivir interrogante que surge ahora es como el gobierno podrÍa continuar apoyando los momentos en que pasÓ por una superficies econÓmicas. presentadora: Érase una parte su entrevista llamo los conflictos internos en el gobierno tambiÉn pide fortalecer el sistema pa

. >>> in terms of earnings, chevron and exxon will lead the list today before the opening bell.lso get word from abvi, mastercard and hershey. >>> some stocks to watch today, baidu reporting a refr kn ing i decline in the third quarter. this as tougher regulations hurt its advertising business. >>> expedia shares fell on higher costs, the online travel a agent is up 1.5%. >>> linkedin expects better than fourth quarter results. linkedin expects growth to decrease further. just above flat this morning. >>> he predicted apple would have a china problem in september. that proved true. the tech giant's earnings report earlier this week, we saw the china numbers, what else does this analyst have to say about the price of apple and the entire tech sector overall? we'll look ahead to facebook results and get you ready for trading next week when we come right back on "worldwide exchange." >>> tech dominated the earnings chatter this week from apple's first sales fall in 2001, to disappointing earnings out last night. joining us is cyrus. the there was a decent slide in amazon last night

this happened just after six at the chevron terrible's near lake mead and hollywood. metro says it appears the men knew each other, and the department's gang unit is investigating. the victim died at the scene. metro says there were several one even tried to chase after the suspects. the suspects took off in a silver four-door car. emotional support animal. it's become a pretty broad term.. so are people taking advantage of the distinction? how the tsa is looking at changing which animals can and cannot be on planes. "camera shutters" "the nobel prize in literature for 2016 is awarded to bob dylan " a music icon receives the greatest honor in literature. why now is bob the desert is where bad guys go when they want to make evidence disappear. but hiding the evidence won't help danny tarkanian. sure, he can bury all those property taxes he skipped out on for years... or the $17 million judgment he never paid. he can try, but he can't make his record disappear. danny tarkanian: just a con man who can't bury the truth. creating 120- thousand seasonal jobs for the holiday

a fight turns deadly outside a chevron terrible's station. police say two men got into a fight around six a-m near lake mead and hollywood... when a third man walked up and shot one of the men. the victim died at the scene. police say it appears the men knew each other. the suspects took off in a grey or silver four-door sedan. if you have information on who these people are, call crimestoppers at 7-0-2-3-8-5-55-55. a man wanted in a sexual assault 12 years ago is being extradicted back to nevada from an match. his legal name is "pirate"... but he was formally known as "daniel selovich." metro says in 2004, selovich forced his way into a room at the ambassador hotel... and sexually assaulted a woman. that woman's rape kit wasn't tested until last year. police say the d- n-a from the kit matched a sex offender jailed in alaska. "pirate" will now come back to las vegas to face charges here. now fox5 weather 24..7. with chief pretty temperatures remain on the warm side with gusty winds picking up as we head into the weekend. winds will stay ligh

out here this chevron gas station is now back open. we have people out here at the the good news is nobody was injured. back to you. >>> new developments in the crash that killed a six-year- old boy. ice plans to take custody of that crash suspect when he gets out of jail. and ice spokesperson said something interesting, hermione the genius was not in the country illegally. the representative would not elaborate. he is accused of that fatal crash sunday that killed six-year-old. he admitted to drinking and driving. that is what the victims family focused on with us, talking about the dangers of drinking and driving. >> if you don't take your life you will take somebody else's. >> the victim was in the that of the other truck. the great- grandmother says tyreek hill was usually only therefore short rides but acknowledged a ride it doesn't have to be long for something to go wrong. we have link to the victims family go fund me page on abc 15.com. that could change. will tell cooper make changes plea when he goes before the judge today. h

we're still on wells fargo, former ceo, john stumpf resigning from the boards of target and chevron.hevron said strumpf left the board for perm reasons. >>> it's another busy day for earnings and economic data. september housing starts are expected to have rebounded. 2:00 p.m., the monthly beige book report from the fed which tracks conditions in the 12 districts. a trio of fed officials are speaking today, san francisco fed john williams, rob kaplan and new york fed president bill dudley. look for results from morgan stanley before the bell. american express and ebay after the close. overall what was a pretty strong quarter and strong thanks to fixed income bond trading. >> mainly because of fixed income bond trading. investment bond revenue more mixed. the m&a pipeline was pretty good. the stand-out thing from goldman sachs was the return on equity, up 11%. that's -- >> haven't seen that in a few years. >> and it's a real stand-out relative to other banks. all the banks saying it's not a stellar environment to be trading trading in, but all of them showing decent returns. it will b