For 49ers fans eager to get in the stands. The announcement by the secretary was welcome news. We are allowing for professional sporting events at out door stadiums to resume in tier 3. So orange tier. The excitement didnt last long. The county quickly announced the move is too risky and will in the allow fans to return to the stadium. Superspreader events will be not be allowed within the county. The changes in the state guidelines regarding professional sports are in our opinion really quite dangerous. County leaders say even at 20 capacity which the state allows. Too many people from the county where the positive rate is 1 would be mixing with fans from areas where the Positivity Rate is higher. In a tweet the niners issued a statement applauding the decision. Michelle is disappointed. She was hoping to bring her son to a game this year. It got everybody excited saying they will open. And its horrible. The decision also prevents earthquakes fans from watching professional soccer at
Is time to double down on this red hot sector what it is and why the charts have it feeling so bullish. The feds stress test results are out. The fed is requiring large banks to limit dividends and buybacks after analyzing their resiliency during the pandemic the fed said that for the Third Quarter it is suspending the firms share repurchases, capping dividends and allowing them to proceed based on a formula derived from recent income the largest banks had already ended buybacks through the end of the Second Quarter but this actually takes it a step further. The fed will reassess those plans on a quarterly basis for the first time in ten years of stress testing, banks are required to resubmit their capital plans later this year to reflect the current environment. The vice chair notes there is material uncertainty about the trajectory for the economic recovery and its impact on banking organizations. Not all governors agreed to let the banks continue layouts even if theyre limited one g
Economic outlook remains favorable. Plain english, no recession on the horizon. Growth continues. Top banker jamie dimon joined the optimist club. Growth will continue, he says, and he expects a phase one trade deal with china. This week, we reported on jpmorgans call for market rally next year and Goldman Sachs call for a Strong Economy next year. 2020 looking good. Todays Market Action is somewhat clouded by the uncertainty of whether or not theres going to be what the results will be of that white house trade meeting. The dow will be down 30, 40 points. Small loss for the s p. Small loss for the nasdaq at this point. Now, the president s looking good. Reports this morning that some House Democrats will not vote to impeach. That means a split Democrat Party and a hyper partisan impeachment process. Not supposed to be like that. Oh, and the brits are voting. Looks like the socialists will lose. Varney company is about to begin. Stuart all right. We are beginning with the trade meeting
Almost suffers a major wardrobe malfunction when she finds out she was nominated for a s. A. G. Award. Meet the 5yearold artist whose work has already captured the eye behind the creator of garfield the cat early today starts right now. Good morning im phillip mena. And im frances rivera. A new Jersey Community is in mourning after a deadly attack the first funerals were held overnight for the victims of a shooting at a small Kosher Grocery store that Police Believe was intentionally targeted according to social media posts viewed by nbc news, one of the two suspects appears to have pushed antisemitic conspiracy theories and praised attacks on jewish people and Police Officers for the latest we go now to nbcs Gabe Gutierrez gabe, good morning. Reporter frances, good morning. There is now stepped up security at synagogues across the region, but there is still no official motive here. Theyre the stunning moments before a rampage a white van parks on a busy street when a man calmly gets o
Ricardo rakes it in. Helping the luxury group burbery grow and missing estimates in october as cnbc learns trade talks with the u. S. Has hit a snag and learning that canceling tariffs is an important preseason. Good morning and welcome to the show daimler has warned earnings in 2020 and 2021 will be negatively impacted by cost cutting plans a new strategy to stream line business and improve efficiency. It needs to, quote, significantly increase its financial strength at Mercedes Benz it plans to cut workers. Daimler is down 3. 3 volkswagen down, bmw down 0. 1 in france, renault down almost twothirds a percent and ferrari also performing negatively why do you think daimler is doing this looking around, all of the shares, they are all facing a lot of challenges. I dont think it is anything specific to daimler. I think they are all facing global trade uncertainty and steel factories where they might be underusing their capacity they have put a lot of money into r d for future technologie