Is about 2 away from record territory. Blake burman at the white house. Edward lawrence in washington. We start with blake, with the latest from the president. Reporter the white house is acknowledging that it might take some time to get federal Unemployment Benefits out the door going forward. The executive order from the president 300 from the federal post, the states matching 100 if they are able to. Some state governors mentioned they cant. In any event the white house is working on this issue. In the interim, they are hoping that democrats return to the negotiating table. I cant pinpoint a timeline other than were working around the clock. We urge democrats on the hill to come back. Secretary mnuchin is willing to review any proposal because the American People deserve better than the games and partisanship they have seen from nancy pelosi and Chuck Schumer and their democrat colleagues. Reporter now the president also took action suspending some collection of payroll taxes and de
For up to 2 more months. Or get 0 financing on 13 models for up to 84 months. A free for all in the east bay. Looters take several stores in the east bay. Smashing windows. The mayor announces a new dusk to dawn curfew. New coverage of this unfolding chaos. Looting across emeryville and fran tonight in the wake, and San Francisco tonight in the wake of the death of george floyd. Reporter it was a day of looting here in emeryville. A freeforall. Many Shopping Centers in emeryville all hit up. The best buy right now, this is where the latest is happening. The alarm inside is sounding. There are deputies inside actively looking to see if there are any looters left. It looked like black friday. Best buy was closed because of covid19 but it looked like black friday. Hundreds of cars and hundreds of looters went in. They broke down the front metal gate there. And they took out tvs. This is a tv that they could not get out because these cops came out here and they abandoned the tv. Those boxe
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Political relief rally banks are in focus this morning. This is bank of america calls citigroup its pick of the decade. The ceo of ulta will join us at post 9 this hour. Well begin with stocks on track to open at record highs. Also adding to positive sentiment, china confirming the vice premier will head to washington next week for the signing of that phase one trade agreement with the United States jim, its going to be busy next week between that and the kickoff of corporate earnings. It sure seems like everybody believes everything is going to be good. A sheer mention of the banks is really underestimated. There are so many people saying buy these. Why does that matter thats who kicks off earnings season already the expectations are pretty high. They better deliver after this run. And thats what these upgrades are mostly all about. I mean specifically on the banks. Goldman getting not one upgrade but two today out of buckingham and b of a, as b of a or it goes from 270 to 245 what ne
Watching kron 4 news at we found weve been able to identify and returned them. Car break ins happen all the time across the bay area. But it isnt often the victims get their items back thats exactly what happened. In Mountain View good evening. Im can way and im pam moore, a victim some crimes spanning 3 cities got their bags and their laptops back thats after detectives arrested 2 suspects on auto burglary charges. Kron fours michelle kingston has the story. The calls started coming in around 11 00am on thursday reports of a suspicious vehicle and 2 men casing cars here on the 1000 block grant road and Mountain View witnesses say the men were trying to open car door summer driving through parking lots. We responded quickly, but unfortunately at the time we were not able to locate the vehicle not a new Police Officers did not give up bin callers continue to report the activity the car was spotted just a few minutes later by witnesses on middlefield avenue in west monroe to in about 30