Transcripts For KRON KRON 4 News At 530pm 20240713

This year whats happening is fear. Fear of the unknown is this virus controlled whats going to happen. So were kind of in that middle stage right now of we dont really know the answers of controlling the virus, how its going exactly affect the economy right now theres little effect but everybodys very fearful and thats where seeing a big drop in the market, but you know weve weve been there before. Weve had a lot of healthcare arrests. You know from aids all the way down to even measles sandwiches an epidemic you dont hear about that. But the saw going on right now so 10 drop us what we call a correction and thats 10 off the 52 week high. And if we get into 20 off the 52 week high. Thats bad thats a bear market, but you may have forgotten about this but in 2018. The last 3 months of the year the market tanked we were down 20 on the s p 500 just a hair above 20 . So were in correction bear territory. And what happened we just kind of remain calm and then in january the market picked up again. So much of our manufacturing particularly in the us and around the world comes through china, exact a lot of that is on hold and know apple is now saying well well get back up to you know were gearing back up. Nonetheless we still dont know exactly where this illness is going. Do 2 things one is how do you anticipate you know making a a a a us for that and second do you think that because of this some of that manufacturing might shift to other locations closer to the us now so that when us alone rubble. Well the second question that thats already happening member year ago we had all these little to skip that theyve the other discussions about tariffs that was a tough and there was a war. And now we have an agreement so a lot manufacturers in the United States found other Distribution Channels but we still depend on china law for simple things like ball bearings that we dont make anymore and and most are covers us. So when all this kind of get settled out theres going to be a big hockey stick in terms of penn to buy right now were working off of off of inventory. I know that youve been saying this is a buying opportunity and certainly ive read somewhere that Warren Buffett isnt sweating it but not all of us can be Warren Buffett yeah exactly so people that see in the short term are freaking out right. You suggest just taking that long view well well just a couple of things first of all the roses a Silver Lining us theres always a Silver Lining in these disasters and if youre currently working and you have a 4 o one k plan. Last year you are buying mutual funds. And they were really expensive and you didnt blink an eye. Now theyre really cheap because the market has has gone down. But but those individuals that after last year when they had profits they reorganize or portfolio to put some cash some in fixed income. They move from from a growth companies. That onto altering the slow economy to to value companies, theyre only got about half of what the markets are right now ok real quick before we have to wrap of Small Businesses and small investors dont have as much panned for its trend of things youre talking about your advice of marginal effect right now i just think we need to keep doing what were doing until china gets the main control over their mainland. And we hope that it doesnt spread any further we certainly dont want to come United States and weve got a president whos running for reelection. Hes going to be all over this he cant have a bad report on on health care in the United States in 2020, so i think were going before a quick answer but were talking about stocks not everybodys in the market how matter formed for one case. Well thats where i think youre ok because youre taking the longer term view in other words is this epidemic going to be solved or is where we get to go to 0 on the market, its never happened. So its going to get soften because you have a 4 o one k. Its a longterm view youre going to lose a little time like like in debt and in 2008 when the market tanked state fully invested that took about a year to come back if you can stay fully invested. You never came back. I saw no easy solution, but we appreciate whats become become yeah thank you so much well tonight our coverage on the coronavirus does continue in the north bay with khan forcefully to call. He reports from sassoon city where he says panic is starting to set in. This is where they all would have been instead the shelves are empty offices, soon ace hardware in sassoon city is out of a 95 respirators the mask the centers for Disease Control and prevention recommends people use to reduce exposure to airborne particles and the Novel Coronavirus we just cant get avengers around them. The night king giving us some time. When theyre coming assistant store manager don kirby says the store has been out of those masks and all others since the weekend the beginning like over a 100 calls a day. And about 50 to 60 people coming in looking for the mask some have been able to beat the rush i got him yesterday at Harbor Freight others out of luck is a frustrating or scary or was it scary. Knew mission of the broke off from china and they can start saying and what it contained and fears have escalated since Sonoma County declared a proclamation of local emergency thursday, Public Health has activated its Department Operations center to bolster response efforts people have been coming in and wiping off the shelves aside from asks Ace Hardware Retail supervisor melody clark says the store has sold out of Hand Sanitizer as well people are buying involve creepy ad people coming in for schools adult facilities. Day cares coming and stocking up. Gloves. If youre everything since its unclear when the next shipment of these products will be suggest searching for supplies online in sassoon city felipe should all kron 4 news. All right, lets get a weather check in big changes coming our way for the weekend you may have noticed some of that today, few clouds begin to move in and you can see that hazy out there right now a couple high clouds up above weve got some patchy fog actually moving in along the coastline. So got plans for the weekend will plan on a being a whole lot cooler bit on the windy side to those clouds coming from an area of low pressure off the coastline there then we got a cold front the drops in not going force and bring us any rain on saturday but were undone passes were going to see those winds kicking up outside that another cold front can a drop in on sunday that one looks to be a little more impressive snow to the sierra nevada, maybe a couple raindrops at least a chance. A few showers here in the bay area. Still looks like those temperatures are coming in way down tomorrow in San Francisco and set of those numbers well in the 70s to talk about 55 degrees and windy. So its going to feel cool 51 in pacific about 52 in millbrae and burlingame when the just inside the peninsula, 58 in palo alto breezy in the south bay to 50s and 60s there looking about 64 degrees and live more 58 in hayward 63 in walnut creek. You get the idea instead of those record breaking temperatures in 70s and 80s. Yeah this weekend were looking to 50s and 60s all right lawrence, we have some sad news now out of the east bay. An 11 yearold boy is dead after he was hit by a car in antioch this is video showing the front in damage to the car after the crash last night. The boy was walking with his brother when he was hit crossing lone tree way near deer valley road. The boys were not in the crosswalk a brother did survive. The driver stopped and cooperated with police before they were taken that the children were taken to the hospital with rather the driver was taken to hospital with minor injuries that driver was not impaired. And not arrested coming up lawmakers grill secretary of state mike pompeo over the coronavirus what they want him to change regarding the outbreak in iran and a high speed chase ends in a big accident. How many people were taken to the hospital in the crash and the number of pedestrians killed in the us has hit a 30 year high well when i came home from prison my sons were in their teens. So i got involved in juvenile justice, i didnt want them to go through the same thing i went through. Michael bloomberg created the young mens initiative. In helping keep other young men and young women from entering into the criminal justice system. And we see it, we see it in young people being employed. We see young people being removed out the system. Running for president , what better platform for him to speak about real justice, real reform. Im Mike Bloomberg and i approve this message. We choose to go to the and do the other things, not because they are easy, but because they are hard. President kennedy knew settling for halfmeasures wasnt good enough. So when candidates say we cant guarantee health care for all, make College Affordable for all, combat climate change, or create a world at peace, remember that america is best when we strive to do big things, even when its hard. Im Bernie Sanders and i approve this message. The number of pedestrians being killed here in the us has hit. A 30 year high but a whats behind that deadly crash you melissa rainy has that information in tonights Health Minute. Suvs drugs and alcohol warm weather and cell phones. According to a new study those are the reasons behind an increase in pedestrian deaths. The governors Highway Safety Association Says more than 6500 people were killed walking on or near a road in 2019. That is the highest since 1988 california florida and texas have the most pedestrian deaths between 2009 2018 the number of pedestrians killed yearly went up a staggering 53 . While all other traffic deaths only increased by 2 everything from weather which encourages more nighttime activity like walking in is associated with more drinking to distractions from smartphones and an increase in larger vehicles are all mentioned in the study. The ghsa also mention the decriminalization of marijuana in several states as a possible factor. The study however does not discuss the culpability and pedestrians. The Study Suggests states and local communities focus on enforcement Engineering Education and Emergency Response in order to get a handle on the problem. For todays Health Minute im melissa rainy. Im working right in washington coming up democratic lawmakers faced off with secretary of why are drivers 50 and over switching to the aarp Auto Insurance program lets take a ride with some actual customers and find out. Hey, well tell me about your experience when you switched to the hartford. When i switched to the hartford, im sitting there, like, man, i shouldve turned 50 years ago. They saved me a bunch of money. You cant beat that. What blows me away about the hartford is their lifetime renewability benefit. Now this is their promise not to drop you, you know, even if you have an accident. I know when im driving, im covered. [announcer] drivers 50 and over can save hundreds of dollars when they switch to the aarp Auto Insurance program from the hartford. Not an aarp member . The hartford can help you join in minutes. To get your free noobligation quote and see how much you could save, call the hartford at the number on your screen. Or go to the website on your screen. The bucks got your back. Fisnt just about polar bears. Were fighting for our lives, were fighting for clean air and clean water. Thats why i wrote the law to send billions from polluters to communities suffering the most. And only one candidate for president was with us back then, tom steyer. And hes still fighting for us, pledging to make clean air and clean water a right for everyone, regardless of your zip code. Thats the truth. Thats tom steyer. Im tom steyer and i approve this message. Lawmakers faced off with secretary of state mike pompeo in a hearing before the House Foreign Affairs Committee Democrats pressed to secretary pompeo for details on the president s plans for the use of force against iran and also asked about u s iran relations in the war against coronavirus says iran is suffering one of the larger outbreaks of this illness washington correspondent morgan right reports lawmakers say the 2 countries. The to put their differences aside to stop the spread of the virus. A hearing meant to focus on the trump administrations use of force against iran shifted instead to concerns about the coronavirus have you or any other seniorlevel american official been in touch with anyone inside the iranian government to coordinate on this response to the virus and to mitigate the further spread of the virus we we have made offers to the Islamic Republic of iran to help with nearly 250 cases of coronavirus in iran. Rhode island congressman david sicily knee and mayor going congressman david trone press secretary of state mike pompeo on his role in preventing the spread of the virus, the American People are scared sir. My constituents are scared. And the administrations track record of incompetence in dealing with crisis with doesnt inspire confidence pompeo attempted to ease lawmakers concerned saying the Administration Takes the threat very seriously and is supporting humanitarian efforts to contain the virus around the world, but with some members of the administration referred to the virus has a quote hopes of the day california congressman ted lieu isnt convinced that you believe coronavirus id like comment on ways us a few asking you tell you what the secretary of you believe the coronavirus is a hoax or work and keep people safe despite plans to cut the state Department Budget for health initiatives. Pompeo says the administration will have plenty of money to fight the virus threat. Reporting in washington, im morgan right. Tonight the Los Angeles County Sheriffs Department says it is looking into reports that deputies shared graphic photographs of kobe bryants Helicopter Crash scene the basketball legend and his daughter gianna and 7 others died after the helicopter. They were in crashed in calabasas california back on january 26. Well 7 other people as we said also died in the crash. The Los Angeles Times reported deputies shared graphic photographs of the scene according to the newspaper. The photographs may include images of the victims remains the Sheriffs Department says it is gathering information and reviewing the allegations also in southern california, a crane collapsed at the construction site of the la rams and chargers stadium in inglewood luckily, nobody was hurt. Another crane being moved hit the boom of a stationary crane causing that when the there was no damage to the stadium. So feist ad which is set to open this summer is about 85 . Complete about billion. It is the most expensive stadium by far in history of the National Football league. A highspeed chase in los angeles and in a violent crash. You can see the suspected stolen car slamming into another vehicle is spun out of control hitting a pole. Police there say the pursuit started on streets in the pacoima area, the driver got on to the 4 o 5 freeway seeming to try to hit other cars on the road. Police say 5 people were in the car 2 were arrested 3 were taken to the hospital, their conditions are unknown at this time. This take a live look outside looking outside along San Franciscos embarcadero you can see the clouds behind the bay bridge tonight yeah at finally a friday in our chief meteorologist and really fun. Guy here to talk fun guy too. That joke about being in the dark. Friday guys you know a lot of stuff going on this weekend here we go get ready for one how about this for fun things for a leap day adoption that. Is going to take place in campbell, if youve been looking forward to a pet. They are going to have a great event there starting at noon if you want to check it out partly cloudy skies will be a little bit cool tomorrow and expect a breezy afternoon temperatures and the 60s. How about this one and a teenage vintage baseball opening day game thats going to be a Golden Gate Park in San Francisco. They have all those great uniforms, the big bats and well theyve got a whole different kind of language and get this they outlaw highfives because back then they didnt high 5. Yeah, if youre going out there is going to be cool. Its going to be breezy too temperatures are going to be in the mid 50s. The hot air Music Festival just a beautiful event lots of music out there, but plan on some Cool Temperatures that takes place on sunday at noon the temperatures only to be in the mid 50s and expect those winds to kick up out there but should be a beautiful sight to get ahead that way and this is kind of a fun one. In livermore theyre going to have the killer game swap and youve got some of those old games, those old intento games though say games you can actually go out there and swap some of those games with some of your friends and you might be surprise some of those are very very valuable now just on some Cool Temperatures if youre headed out there and it will be a bit on the breezy side right around the bay area to date numbers took a hit has finally getting more of a sea breeze kicking in High Pressure weakening down a good 12 degrees in San Francisco at numbers down all across the board around the bay area still topped out above the average is 66 degrees in San Francisco. So 74 that actually tied a record in oakland, 76 in san jose 80 degrees in livermore 75 in concord and 73 degrees in santa rosa, but you can see whats happening now the ous begin to fill our skies. High pressure moving out of the way and cooler temperatures are definitely in the works for the weekend. Scanning skies right now on the Doppler Radar we remain dry all this moisture really just some mid to high level cloud cover coming up from a weak low off the coastline. But we do have a cold front that will make its way into the bay area that will bring some drastic changes much cooler weather on the way these temperatures maybe as much as 15 maybe 20 degrees cooler this weekend. Winds picking up a little bit out there right now the winds going to be the kind of the story over the weekend as were see those winds getting a little blustery along the coastline by tomorrow morning and by the afternoon everybody has a pretty good sea breeze, but i think very gusty winds as we get into sunday, how about that some of those gusts over 30 maybe 40 Miles Per Hour temperatures tomorrow going to be much cooler highs be in the 50s and the 60s and even a slight chance of showers on sunday back to much warmer weather next week all right lawrence next up a the end of an era tonight on dine and dish we will visit with that. Chef beh woman the deadly corona virus officially hitting the us. Man the markets are plunging for a second straight day. Vo Health Experts warn the us is underprepared. Managing a crisis is what Mike Bloomberg does. In the aftermath of 911, he steadied and rebuilt americas largest city. Oversaw Emergency Response to natural disasters. Upgraded hospital preparedness to manage health crises. And hes funding Cutting Edge Research to contain epidemics. Tested. Ready. Mike im Mike Bloomberg and i approve this message. For food fans the end of an era for french cuisine and fine dining in San Francisco after more than 3 decades, the famous la folie this hanging it up so tonight on dine and dish we visit the chef behind it all. Was ease. This action is the big question of the funds for bringing wine legendary meet chef alon purcell the base. The one who japanese the chef and owner of broccoli in San Franciscos russian hill neighborhood looking back in the kitchen, 6, 9, 2, weeks a song for his hands on he and his wife started lawfully back in the 80s. She say we have to be crazy to up in an old or on record it live for you because its madness. Thats him in case youre today boston fancy multicourse meals are apparently losing their appeal to the modern diner and so sees the writing on the wall after 32 years hes taking leave from the kitchen and closing the doors a lawfully midmarch 2 years you see the abortions of people worse and you know all the cho the show she at peace, eating to drinking to do where they go out to do where delays to do away with a looping for 4 storm. The so still has other more casual restaurants all around the bay area and will always have a hand in making find food. But here lawfully the office a toast to all the good times and find meal served the us do not do french restaurant named for chair lazy and i really value ones she is life is good. Indeed life is good and that wraps up kron 4 news at 5 ken wayne and pam moore are here with kron 4 news at 6. Thank you vicky coming up tonight on kron 4 news at 6 the virus is here thats what Santa Clara County Health Officials are saying. After confirming a second case of coronavirus in the bay area on known arjun the county now bracing for the possibility the virus can spread plus an organization of nurse is speaking out saying us hospitals are not prepared for coronavirus. And that the recent case a U C Davis Medical Center highly steyer wall street banks took advantage of millions of americans during the recession. So, my wife kat and i took action. We started a Nonprofit Community bank with a simple theory give people a fair deal and real economic power. Invest in the community. In businesses owned by women and people of color. In affordable housing. The difference between words and actions matters. Thats a lesson politicians in washington could use right now. Im tom steyer, and i approve this message. What we know now is that the virus is here present at some level. But we still dont know to what degree. Now its 6 Santa Clara County Public Health officials have announced their 3rd case of the deadly coronavirus thanks for joining us tonight, im can way and im pam moore in just about 2 hours ago officials a Santa Clara County held a News Conference on this new case but whats different. This is the second case of the coronavirus in the United States with no known our engine and that is a matter of concern wars that farm was there for the News Conference he joins us now with late details dan. Well, pam and ken as you noted this is now the 3rd case of coronavirus here in Santa Clara County. But unlike the other 2 county on the other 2 instances of coronavirus here in the county. This patient and got the disease and through an unknown origin that means that the person has no connection to traveling abroad or having any connection to coming in in contact with an infected person. A similar case was reported like this earlier this week in solano