. >> reporter: taylor says that p & g is more nimble andage i'll after it shed 100 brands to focus oncore p & g brands. but the macro economic environment is tough and competitors, like kimberly-clark and unilever hit speed bumps when it comes to growth. analysts say p & g needs to continue to deliver market share gains while maintaining premium pricing and appealing brands. for "nightly business report," i'm sarah eisen in cincinnati. >>> coming up, not too big, not too small. our market monitor says he is buying stocks that are just right. and pay dividends. but first, a look at the mixed week for the major indexes. >>> the green rush is on. the burgeoning marijuana industry may soon get a big lift. a number of states, including california, will vote on whether to legalize pot's recreational use. and as jane wells reports from humboldt county, california, the stakes are, well, high. ♪ >>> beautiful resin. >> oh, yeah. >> it smells like froot loops. >> reporter: california may finally decide to legal eyes what some call the state's number one crop. 20 years after making medical marij

p&g reported growth, but kimberly clark, not so much. unilever also had a weak quarter. that's why some are saying maybe p&g is resurging. taking share. david taylorputing that fact, saying, no, that's not how we look at it we'll take it a bit in certain competitive areas, but really trying to grow the categories. i have to tell you, the downey scent beads, he's obsessed with. that's one of the fastest growers in the portfolio. people apparently love it. i think you'll hear more about it later when he talks about some of the specific areas of the portfolio. >> it's good to hear from taylor himself. great job, sara. i know you have more coming up. thank you very much. we'll be back out to you soon. >>> for now, coming up this morning's top political stories including hacked e-mail suggests that the clinton foundation fund-raisers pushed corporate donors to steer business opportunities to the former president. stay tuned. you're watching "worldwide exchange." so it suits my mobile lifestyle. and it keeps my investments fully mobile... even when i'm on the move. sign up at etrade.com and get up to six hundred dollars. >>> welcome back to "worldwide e

police say the car swerved off sir francis drake boulevard near the community of lagunitas early this morning. that's just west of samuel p. taylor state park. kpix 5's susie steimle is outside chp's main are headquarters with new details on what may have led up to the crash. susie. >> reporter: well, liz, police have confirmed that they believe these three young men died on impact. right now, they think that drugs and alcohol were not a factor in this crash, although they believe speed was. this incident is still very much under investigation. 18-year-old lance argol, his brother 20-year-old chance and 18-year-old chance, those are the names of the three young men who did not survive a wild car crash on sir francis drake boulevard last night. >> they didn't just drift off the road. they crossed an opposing lane of traffic. >> reporter: the call came in after midnight. chance was driving. his car crossed into oncoming traffic, hit a pole and tree on the scenic road near samuel p. taylor state park. the sheriff's department closed the road for six hours following the fatal accident and again, for about an hour during daylight to c

p. taylor park. that's the tow truck there. according to chp, they say there were three young male adults inside a car heading westbound in these lanes. that's when they crashed to the side of the road in the ditch knocking down a couple of trees and some polls. we're still waiting to get information on exactly the ages of these young adults. they appear to be at least around the ages of 18. still haven't notified the family yet. as far as the traffic conditions, we're being told sir francis drake boulevard should be opening in the next hour or so. this scene itself should be clearing out in the next hour. once again, we're waiting to get more details on exactly who these individuals were and the ages at this time. back to you in the newsroom. >> hard to see those cars wrapped around that tree there. thank you very much. >>> 5:03. a richmond man is behind bars accused of murder. police say he ran down an employee who tried to stop him from stealing wooden pallets. it happened yesterday afternoon at the true world food warehouse in san leandro on williams

thursday on "squawk on the street" sara eisen will have an exclusive with p & g ceo david taylor coming into the job. says thathis quarter marks what he called a good start for the fiscal year, jim. >> this is a remarkable morning because you see two companies like procter & gamble and dupont putting up 3% organic growth in this environment, which is extraordinary, especially when you look at kimberly clark predicted no growth, ge, slowing growth. united technologietechnologies,d to see what he's able to do. there's some challenges. 3m on the other side, consumer electronics. under armour, the spend, the spend that he's talking about in order to stay in place is really worrying people. the conference call is a very grim conference call. from the 50 people that got on it are saying what the heck is going on because they have to spend more money on their retail store and infrastructure. so united technologies which is better than expected. we've got proctor and gamble putting up unbelievable numbers, including grooming. and then dupont with a remarkable cash flow. $1.3 billion improvement. brazil actually positi

chp officials say that three people died when their car went into a ditch and crashed into a tree around midnight on sir francis drake boulevard near the entrance of samuel p. taylor state park. >> roqui has been keeping us posted on how this is affecting our morning commute? >> thank you. though crash was blocking sir francis drake boulevard for two hours. it's now clear at 5:45. you don't have to worry that heading to the coast. but otherwise, if you want to avoid this area, just because you could take highway 1, as well. the sir francis drake boulevard there was a triple fatality near the taylor park entrance. it's reopened and you can move freely through the area. now to a new crash here southbound 880 after mission boulevard in fremont a multi- car crash. it's an eight-car crash. a lot of chaos on the road there. traffic moving at 20 miles per hour southbound 880 to fremont. hot spot this morning, the altamont pass per usual north tracy boulevard to the altamont pass westbound will take you a long 40 minutes into north flynn road where it starts to free up a bit to livermore and then to the dublin interchange. looking at the bay bridge toll plaza a lot of car

p. taylor park. according to chp they say this happened around 12:00 a.m. they don't know how they lost control of it. they knocked down a couple of poles and trees in that process. they have not identified these folks they still have not identified family members. pete suratos for "today in the bay." >>> a richmond man is behind bars accused of murder. police say he ran down a fellow employee trying to stop him from stealing wooden pallets. it happened yesterday afternoon in san leandro. the suspect, 27-year-old kadim edwards was caught five hours later in oakland. police have not released the name of the victim. >>> we've got a little cloud cover, but mainly sunny skies. you can see from our sky camera network, 40s and 50s this morning. later this afternoon, a nice finish to the day. mostly sunny with mid 70s for inland valleys. >> sounds great. >> down in fremont, slowing down because of the crash that continues to be a problem. the map not an unusual pattern. south 880 jams up from mowery down toward mission. the slowing that continues here may be indicative of another traffic break. tow trucks are arriving. i see the traffic starting to break up by

taylor riggs. thank you p for more on u.k. politics, we are joined by alsomills, founder of jml, a key campaigner for brexit. he says thatng's cause for celebration. steven saywell from bnp paribas is still with us as well. your source more broadly. first, good morning. is a cause for celebration, but only 10% of the u.k. economy is export driven right now. the rest of the economy is shaking from higher import costs. exports are about 30% of gdp, so the exchange rate has a big impact on the way the economy functions. the trouble is the economy is very unbalanced at the moment. we have very low levels of investment. we have de-industrialized. we're running up debt all over the place. we have growth drone -- driven largely by asset inflation investment. and we have a problem with the globalization of the world, which has helped a lot of people in this city and in the metropolitan areas but would be back for other people. we need to get the economy rebalanced, which means a lower exchange rate. anna: so where do you think it should be? john: the problem is an exchange rate of 1.40 works for the service sector but not for ma