No. Absolutely not. What is the target you have set for your department for call back time . We are trying to get out of the business of doing callbacks and that is why we are upgrading the call center so we can have fully trained staff from eight a clock to eight a clock. Reporter she wouldnt say when exactly that would come online and meanwhile this week the state saw more than 470,000 new claims. We see a combination of the initial furloughs now turning into layoffs given the continuation of the lockdowns and we also see businesses that have tried to hang on closing and not only closing but closing permanently. If i was not married, i dont know what i would be doing. I would be homeless. The governor is saying he will send a strike team to help the massive backlog. When will that happened . Reporter we are told within 45 days, that is when his team is expected to deliver recommendations and solutions to the ed and the edd has said that while it has hired 5000 new people, 2500 have c
Forecasts. The top lines are up. Revenues up 4 if you look at the activities. Despite the impact iag luke to raise 3 billion euros and klm unveils an operating loss sending both shares into the red. Six years of growth wiped out in spain as gdp drops in the Second Quarter but the French Economy shrinks less than expected down 15. 8 . Happy friday welcome to street signs. Weve got a lot of earnings to get to lets talk gdp first weve heard from france and spain. Now numbers from italy preliminary q 2 gdp slank quarter on quarter less expected a value. Theyve advised their q 1 estimate of 5. 4 contraction quarter on quarter and 5. 4 year on year. Slightly worse than anticipated. Q 1 marginally worse but q 2 better than expecting. An unprecedented slump for italy but the takeaway better than analysts had feared. Not quite as grim as the market had been bracing for looking at the euro gaining ground currently trades around 118. 77 we have the france and spain numbers. Spains economy shrunk
Coming up in just a few minutes. Michelle . All right. Mary, thank you. And taking a look at the main travel times right now. Everything remaining in the green. Even westbound 580 looking like a 27 minute drive from 205 over to 680. San mateo bridge, you want to be careful out there. There is a wind advisory now chp just issued it. You can see a lot of people slowing down along the span there. But still 12 minute drive into foster city from hayward. And taking a look at the bay bridge right now. The metering lights are off. Traffic is moving along pretty nicely eight minute ride across the span. Anne . Reporter im anne makovec at the live news desk. And we are keeping an eye on the search for eight military members missing right now in the waters off of the Southern California coast. At least one marine was killed and two Service Members injured after an accident on board an Amphibious Assault vehicle. This was during a Training Exercise and heres a look at the area, it happened in the
Thats what we are trying to achieve. Roche sees profits and sales fall in the first half but a turnaround has already begun helping with the full year outlook. Since june and now july, hospitals have opened again and patients are returning to hospitals. We see our sales recovering. Thats why we returned our initialo initial outlook. Sales of unilever as sales of ben and jerrys and more in north american sales the outbreak continues to weigh in many markets. I would say latin america is in the throws of it. We are seeing significant increase in africa and south asian continents topping the stoxx 600 sending shares in the french ad firm and the british rival wpp higher a very warm welcome to strooinz lets kick off what we heard from roche maintaining the full year outlook. Blaming the 4 slide in sales and 5 contraction on the decline of net hospital visits due to the coronavirus pandemic. Telling cnbc earlier that company has started to see hospital visits recover. You had seen a strong
S p 500 few you ares up 15 the nasdaq with a gain of about 1. 7 all because of what is happening with four big horseman check out shares of apple, facebook, alphabet and amazon. They went before congress two days ago and came out with earnings that knocked it out of the park on every one of those counts three of the four are trading sharply higher apple up 6. 1 , facebook up 5. 8 , amazon up 5. 4 alphabet did beat earnings estimate did post the first revenue decline and is down 0. 67 . More on those in a second. Lets kick it over to wi will everyone wilford. Good to be back extraordinary numbers, as you said well discuss those in a moment. First check out this mornings agenda as we are closing out the week well bring you results from cat, chevron, exxon and merck. Kol gate, underarmor and others. The late day of july lets check out the market score card owl three major indices on track for the fourth straight gains. Nasdaq the big oner up 18 month to date up 5. 2 . This past week, back