Time when President Donald Trump suspended h 1 b visas to the end of this year. So canada is putting it out there. Their doors are open in Silicon Valley and ceos are seeing the impact. Sitting in board members, ceos have related theyre trying to hire programmers from russia or other parts of the world. Reporter how worried should Silicon Valley be, with them trying to poach talent from our area . We should always be concerned that we are protecting and preserving our competitive advantage as the hub of the innovation economy. Reporter the pandemic and immigration halt has take an toll. But the pay in canada still does not compare to Silicon Valleys. On average, the tech workers here in the United States in Silicon Valley can make almost double what theyre making in some of the tech hubs in canada. Reporter but the hope is that when the pandemic ends, the talent comes back or holds on. Or theres always canada. In San Francisco, luz pena, abc7 news. Making the bay area a better place to
A bay area mother of twin babies evicted and left homeless. A computer foulup. A top resignation. Governor newsom fends off questions about a massive tech skal glitch involving counting covid cases. Your computer devices may be causing your skin to age. What you can do to prevent it while still using your devices. Cooler tomorrow, but not for long. When the temperatures will soar, coming up. Abc7 news at 11 00 starts right now. Building a better bay area for a safe and secure future. This is abc7 news. A single mother in vallejo left homeless just six months after giving birth to twins. Her life took a dramatic turn during the pandemic. It sure did. She lost both her job and her home. Jr stone is live tonight with the story. J. R. , she is in a really tough spot. She certainly, dan. There is an Eviction Moratorium in place blocking evictions, advocates and lawyers that i talked to say there are many exceptions, and people are still being evicted. Youre looking at elijah and elias, 6mon
Does not have the matching funds required to participate. He estimates it would cost california 700 million a week. There is no money sitting in the piggy bank of the previous cares act to be reprioritized or reconstituted for this purpose. Simply does not exist. We need the federal government to front those dollars. The governor didnt say how or when californians who need that money will get it. Education is a major part of building a better bay area, especially right now as students are returning to school. Many School Districts are starting off the year with Distance Learning because of the covid19 pandemic. And today San Franciscos board of education is expected to ratify a deal that the School District made with the teachers union. The teachers signed off on it yesterday and guarantees at least two hours of live online instruction every day. Teachers will get additional training and planning stipen to cost of working from home. Contra costa county classes start thursday. In oaklan
Well. International relations and politics, we havent talked enough about the markets today. A risk on feel. Is the so interesting idea of finally, a shift away from the factor of Technology Toward the factor of smallcap, the factor of Something Else besides that point amazon. Jonathan for a whole two days besides apple and amazon. Jonathan for a whole two days as well. S p, days of gains on the within 1 of alltime highs. I wonder if that is one of the whys that they cant get it together down in washington because this market is giving them very little pressure to get some thing done. Tom certainly come a President Trump is hardwired to the market. Lisa, you mentioned earlier the idea of a highyield bond under 3 . Do you detect a bubble in bonds, or is it simply a reaction of outcome from all of the stimulus and fed action . Lisa i am not going to say it is a fed bubble. I have other people that will come on and weigh in on that. But when do relative returns stop mattering and absolute
From san jose. Those impacted by the coronavirus crisis. Some people are them h ty le recenauthod by the Law Foundation of Silicon Valley they found that more than 43,000 families countywide will be at risk of homelessness if current protections arent extended. Sandy perry of the Affordable Housing says more needs to be done related to rent forgiveness. With the pandemic and the layoffs related to the pandemic, people are absolutely destitute. They have no way to pay the back rent. Now, Property Owners are alsd too, n to be p of the conversation. Some have gone months without receiving payment from their tenants and are now at risk of foreclosure themselves. The board of supervisors will meet today and may vote on this issue. Reporting live from san jose, lauren martinez, abc7 news. This morning we are hearing from a single mom who is homeless just six months after she gave birth to twins. This is a rosanna and her twins elijah and elias. She was the property manager at the mobile Home