Their rent. Reporter the plan is to close some streets like center and north shattuck to traffic, the mayor says its a natural extension of the slow Streets Program cities like oakland are already implementing. Weve had a lot of interest in berkeley to close streets for people to be able to ride their bikes and be able to walk and get some exercise. I see this as an extension of that and not just sort of closing streets and purpose in streets for physical distancing but also for economic development. Reporter diners worried about the favorite spots are ready to give the experiment to try. Many of them are going to have difficulty selling enough food through an open door because they are limited to one customer at a time and they wont be able to support very many people as servers. I think its really excit i miss having all the restaurants open. As long as there is adequate social distancing i think thats a good idea. Reporter the Berkeley City Council will take up this topic for a vote
Opecs cuts may be draining the glut. The bank of japan prepares for unscheduled talks as the coronavirus keeps extra pressure on the economy. Help for Small Business tops the agenda. Downside are seeing a start to trading on this final friday session of the week. Overwhelmingly, the concern over these escalating tensions between washington and beijing, and now also, beijings expected move to impose the National Security law on hong kong and we are watching, in particular, the start of mainland trading as well as hong kong trading and trading in the hong kong dollar but in the meantime, we are seeing a downside view when it comes to nikkei futures as well as kospi. Sydney futures looking to extend losses of. 4 in the previous session although we could expect to see some modest gains when it comes to the Energy Sector given the gains and that story when it comes to the continued rally in oil prices. We are also watching trading in new zealand. We had retail Sales Numbers out in the last
We welcome your comments by text , 202 7488003. Tell us your name and where you are from. Wj. Twitter we are cspan maryland was one of the first states to impose tight restrictions. The latest from the Washington Times, saying they will ease restrictions and prepare to reopen maryland. The governor eased coronavirus restrictions wednesday to allow residents to participate in some outdoor act to videos and resume elective medical procedures. They closed Public Schools for the rest of the academic year. Residents may participate in golfing, fishing, boating, tennis, camping, and other outdoor activities. He added that local governments can exercise flexibility in reopening playgrounds and parks. That is from the Washington Times. An Washington Post published oped, an opinion piece by five republican governors who kept their states open. Five republican governors, our states stayed open during the coronavirus, here is why our approach worked. That is the headline of the piece. The governo
Medical screenings, and social distancing. Meat Packing Companies have also increased pay for workers during the crisis. Tyson announced two 500 bonuses in may and july. Jbs has raised hourly pay and is giving a 600 bonus to workers who had no more than two unexcused absences between april 20th and may 15th. But mark pe prrks rone, president of the Ufcw International union which represents many workers, is skeptical. They want people to come to work so theyre paying them more money. The problem with that is it puts them back inside the plant. Reporter jbs workers who stay home because they fear contracting the virus wont lose their jobs, the company says, ich perrone says leaves many d, workers with the option to work because they need their paychecks. Just because youre an essential worker doesnt mean youre expendable. And i think that people have started to think about these workers, especially in these packing houses, as being expendable. Reporter but George Washington University Ex
Pound hole in its bottom line. Auto aid renault struggles to restart production amid faultering demand mixes messages from the hill was fed chair and secretary mnuchin give different assessments of the speed of the recovery they also seek to defend their stimulus measures from accusations they are propping up wall street at the expense of main street. Main street is in a class by it self really. Diverse small, medium and Large Companies different credit needs, some credit based, some asset based. It is a really complex undertaking. A warm welcome to the program. Lets kick off with the top corporate story. Marks and spencer has reported more than 20 decline. The company added that it with also accelerate a restructuring effort aimed at trimming costs during the pandemic. Lets get to steve who joins us outside an m and s store in london theyve been struggling to restructure for years now. Is it going to be different this time around . I hope so a lot of us have an historical knowledge of