Years before resigning to join the trump justice department. He was forced out after his refusal from investigating russian meddling in the 2016 election. That is our first word news. Im Mark Crumpton. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following from around the world. Schools across the United States prepare for students to return in some form in the fall. Ill be speaking with authority else goes in garcia, the president of the National Education association, representing 3 million Public Education professionals. We will also be speaking with 2u inc. s chip pot check. Position be taking a on how to stop the administration from enforcing those visa rules that would Bar International students. Also discussing the ramifications of colleges going online. Shares of ncino surging today, 71. The ipo was priced at 31. I will speak with the companys ceo about its
Sanctions and claims to the South China Sea take center stage today. Stocks are shrugging it off. The dow up more than 400 points but the big tech is struggling faang, internet names that have been on fire are seeing weakness today. Were following it all 59 minutes left of trade. Certainly weve been all over the place in markets but were up as we stand with the major indexes we have a big line up of guests. In a few moments well speak with shrewsberry, cfo of wells fargo. And Robert Kaplan will join us and well speak with Michigan Governor Gretchen Whitmer an earlier biden endorser as biden lays out more details of his economic plan. Lets focus in on the big stories were watching at this hour wilfred has the highlights ph wilfred, start off with the banks here. The key focus, sara, as we expected it to be on provisions for potential bad loans. They rose from all the banks from q 1 to q 2 and rose more than expected. Wells fargos more than doubling quarter over quarter the big question
Blame for a surge in new corona virus infection and on the American Vision for europe the german chancellor says her aims for the e. U. As germany takes over the presidency of the European Council to her main goal to contain and recover from the pandemic. Im good to have you with us we start with breaking news the Prime Minister of the ivory coast still madieu gone. Has died at the age of 61. 00. Was also the ruling partys candidate for the president ial election coming up in october his death throws that race into disarray the cause of death has not yet been released but. I just received medical treatment for a heart condition in france. Joined here at the big table by my colleagues you know you report. So what do these death mean for the ivory coast tonight yet so its a big shock for i recall certainly because he was only in march so i declared being the president ial candidate for the ruling party and as you said earlier the election coming up this year in october. Tomorrow and so a
Live from the bay area studios, this is kpix 5 this morning. Right now, on kpix 5 and streaming on cbsn bay area, look from our exclusive Salesforce Tower down the area. It is july 10th and thank you for joining us. I am i am michelle griego. Lets go over to the weather. Lets start with breaking news overnight, we had a crash on the alatoona pass. I want to show you some video of what happened overnight. You can see it shows a line of fire spreading through the hills near this area. There are plumes of smoke into the sky and there were 200 acres burned. They did stop but it has not been contained. We will be going to the scene to get more information. As far as the freeways, this happened at 11 45 with a crash on 580 near northland. We got word that all lanes are now open but both the directions were completely shut down. There are closures on grant line in the area. We will keep you updated. Lets get a check on the forecast from mary lee. Good morning, we will be watching temperatures
Alatoona pass. There was a fire that open overnight that was sparked by a vehicle, a big rig on the right shoulder. As of right now, this is one of our busiest areas. We are seeing some hefty do legs. This is your all lanes were previously shut down but all lanes are open and they reopen everything and canceled this just before 5 00. There is a bit of a backup you give yourself a few extra minutes. If you are traveling out of tracy from our house, towards grant line, it will take you 15 minutes to do so. To a five to 680, give yourself 40 minutes. Katie nielsen is live on scene, street side to get us more information on the fire. Reporter you can see those brake lights you were talking about and you are looking at 580 right now. You can see traffic flowing well in the eastbound directions but westbound, we just reopened those last two lanes that had been closed. You can see all of those brake lights. As you are saying it started around midnight last night and it caused all lanes both e