Vergiverg diverging in a different way retail is an important part of apple strategy overall, but what youre saying about the markets being down in the midst of the pandemic, it is not easing off as quickly as some had hopes, carl indeed, one last part of all of this the journal now with a couple headlines on the tape saying that china is telling the United States that crossing red lines could put the trade deal at risk. So sort of a continuation of what were talking about all week trade risk when it comes to the u. S. And china which is not a new story at all lets talk about the markets, the founder and managing partner at full cycle. Which is really focused on, ibrihim, and restoring technologies and all of that is coming to light, it is not just about whether or not people should be moving around, but whether or not people can how can this pandemic, working from home, which i think fits into your portfolio thesis, how is this playing out for you and where do you think it goes from h
Theyre all moving lower put on the positive side, a report that china will accelerate agriculture purchases from the u. S. Which could deescalate some trade tensions and were set for a particularly volatile final hour of trade this is the s p 500s first major options and futures rebalancing day of the year. We have 59 minutes left. Were down just over. 5 sara coming up on todays show, pressure mounting on apple over the treatment of App Developers weeshgs going to speak with Roger Mcnamee ahead of the Developers Conference plus, david kenny holds not only the companys ceo title but also the chief diversity officer. Hell discuss neilsens recognition of juneteenth and how they can push for more diversity in the workforce and can figure out a way to measure it as well lets get straight to the market another volatile session to close out the week on wall street one that is headed for another upweek mike santoli is tracking the down action weve seen this afternoon. Yeah. A little fatigue th
Witnesses. Today the committee will hear from witnesses about the challenges that state stanksed businesses in the cannabis owners have when attempting to under the controlled substance act, its considered a schedule one drug. Being categorized as a schedule one means that the possession, distribution or sale of marijuana or other marijuana derived products is illegal under federal law and any proceeds from cannabis related activities remain subject to antiMoney Laundering laws. In the last several years many states have used valid initiatives or referendums that have legalized marijuana in some form, whether for recreational or medical use. Currently there are 11 states plus the district of columbia where it is legal to buy and consume recreational and medical marijuana adds well. And there are 22 states plus d. C. That have approvedmedcal marijuana totaling 33 states in all that have some form of Legal Marijuana. Senators gardner and merkley have introduced Bipartisan Legislation tha
Well be cooler than yesterday. Well see heat index passing through. Around the bay look for low 70s at the coast keeping it cool in the 50s. Chris. Francis, thank you. Governor newsom toured one of the cities hit hard by not one but two earthquakes this week. He and others are glad its not worse but arent bleething a sigh of relief yet. Aftershocks could occur at any time. It was stronger than the 6. 4 earthquake that struck the region on thursday. It was felt from mexico to sacramento. There have been no reports of death or major damage but still plenty of cleanup to do. Abc News Reporter has the late e est. Reporter the magnitude 7. 1 earthquake rocking southern california. This has been a traumatic experience not only for me but the entire area, never experienced anything like this before. Violent shaking sent chandeliers swinging, water out of pools and rock slides on the road. I got in my doorway. I ran out here and saw the devastation. You just heard racket, noise, things falling
We are in the wealthiest region mount diablo. In the world. Breezy conditions in the hill and will pick up as well during the coast this afternoon. Reporter in oakland tonight with 12hour day planner, here roughly 3,000 people will sleep on the streets. Is what you can expect. Lots of low clouds and heat index passing through. Temperatures in the 50s still carmen randallson is grateful cloudy at the coast by this shes no loner one of them. Afternoon. Then by 4 00, temperatures will when you look back on this 10 be cooler compared to yesterday. Or 15 years from now, will it be so inland areas in the mid80s, around the bay low 70s and at a good memory or a bad memory . A good memory. The coast only upper 50s. Something good come out of it. So thats a good thing. We have a little bit more in oakland, Wayne Freedman, abc 7 news. Cooling tomorrow. Ill have your complete forecast every county in the bay area coming up. Has released updated data on the chris. Francis, thank you. Governor news