The developing news this morning, the university of california says its campuses will be opening in the fall despite the covid19 pandemic that is currently shut down most campus activity across the state want to go live now to ucsf with more on how this might look kron fours rain harvey good morning, rain. The morning marty and what i can tell you for certain is that things on the campus going to look very different i just spoke to some ucsf students were getting ready to graduate this year and they told me they do so much physical work. They cant even imagine students join that online mixed with the on campus work. They said the students are really going to be at a disadvantage but theyre trying to make it work here at the u c system so what that could potentially look like it could look like classrooms with less student could be classrooms with physical distancing in place with the deaths you could see campus staff and faculty wearing mask along with students on campus. All these thi
Lets begin by taking a look at where we stand onwall street theres your picture all sectors but industrials are in the red right now, dow trying to claw back off the lows still down about 7b3 points the question now, josh brown, im sure everybody is thinking about this if not being asked it directly, im going to do it the same what now where do we go from here well, i think were in now the third at the last five days, were in third day of this mean reversion trade where the hardest hit sectors and the sectors that have the most gain on a successful roping of the economy are leading. Its really interesting to look at, for example, the fact there are 20 s p 500 stocks that are up more than 20 on the year only one of them is green from the day. Big outside day developing teledoc, i wouldnt want to be in that name right now youre seeing the semis getting turned away. Semis have been out stangding bt they got turned away hard. When you look at the rsp versus the spy. The s p having a bad da
To accommodate the need for 6 feet of space between our students in their classes, hallways. And in common spaces. That could also include hybrid learning with some students in class while others learned from home. Answers in guidance could come thursday during a Virtual Meeting with state education officials and leaders from california is 1000 School Districts members from the School Reopening task force or expected this year there are early findings johnson psaki with oakland unified schools will be watching we imagine this is going to fall ppe for everybodys can imagine a physical distancing for everybody is going involve extra cleaning disinfecting during the course of any school day. So you know we really want to know what thats going to look like some that the state perspective. Psaki says the district is working on a plan of its own but is looking for leaders to step up to provide more guidance. So lucky says with 35 million cut from the budget because of covid19 on top of the 2
Interesting timing in all of this as well. They are seen here leaving federal court in boston last summer, were charged in connection with that vast College Admissions bribery scheme. As other parents in the same scheme did time for bribing and cheating to get theres kids in prestigious colleges as athletic recruits. They refused and said they would go to trial. Today we learned both agreed to plead guilty to wire and u. S. Mail fraud according to u. S. Attorneys office, laughlin could get a twomonth prison sentence, he five months, except because of the coached pandemic, nbc bay area legal fears of Coronavirus Infections in prison. I think Lori Laughlin has a very likely scenario that she may not even do the two months because she could be released early because she could not be a defender. Not only is it a good deal when you look at it relative to another defenders in this case but based on the timing. Because she may not actually face significant jail time at all. Now, the pleas wil
Are responding to the fact that the Company Gilead appears to be having some Good Progress with its testing of its drug. This is a trial, a Clinical Trial that is showing some promi promise. There were some 125 people, people who were severely ill. Many saw a rapid recovery and now looking at expanding the testing in hopes of scaling up the drug. Dow futures up. Gilead stock is up 16 on news its trial is going well. Testing is a key point. The plan to reopen the country, be democrats say, doesnt have enough of it. Three phases in restoring we are not opening all at once but one careful step at a time. Reporter the three phase plan, a gradual return to work and public life with social distancing and schools still closed. Highrisk individuals stay home. Then resume nonessential travel, open schools and sports and social gathering. Finally back to social life with caution. A focus on hygiene. Democrats argue the plan needs much more detail about testing, testing, testing. We need several