Relatively good news out of new york where hospitalizations continue to decline although there is a spike in deaths in the state. The governor is worried, outlining for folks the idea of a staggered reopening of the state. Only 45 minutes after new yorks mayor bill de blasio was saying look, it is looking like june. That the city will not be able to open up before june. That was not exactly worthy after fox news or fox business alert. No shocker there. A highranking mayor of the city was making it official all you needed to hear, wow, this whole comeback for the economy which cant get any robust way without new york kicking in is not likely to happen. So that is kind of been pulling and pushing at investors today. Jackie deangelis has more on all of the above. Hey, jackie. Reporter good afternoon. Good to see you, neil. Thats right, the market is paring the losses right now. Youre right stocks are kicking off the week in the red after a very strong week last week. Investors are cautiou
Baseball is looking at an 80game season starting in july. Football arrives in september. Disney allowed, what, onethird capacity at its shanghai park and it sold out. While lockdowns continue, they are being challenged most notably by elon musk. Wasnt to op he wants to open his tesla plant in california. The Authorities Say no. Hes going to court and says he will move out of state if the factory stays closed. As for the market, that will open lower. Solid gains recently but a pullback so far this morning. The dow is looking at a loss of 270. The s p down about 30. The nasdaq off about 72 points. Lets get to politics. Big week for that. It is trump versus obama. General flynns lawyer says the plot to undermine the Incoming Trump administration was launched in the white house by outgoing president obama. President trump calls it obamagate. Theres a lot more coming on that one, believe me. Its monday morning, may 11th, already, and another big show for you. Varney company is about to begi
Modifications are made, people can start reopening with those modifications in these particular set theres as early as friday. Its too soon for offices, dine in restaurants and shopping malls. Those will stay close for now. Of the modification that will happen are a result of the data we are ready. Californias Health Report card released monday indicate key metrics are on schedule like inventory of personal protective equipment, healthcare surge and contact tracing. Plus hospitalizations are stable. It looks like it might be going down a little bit. Thats cautious optimism. Regardless has been stable and that supports making the decision. Counties can move quickly through stage two and on the other hand he is not forcing counties to comply with the modifications if they have stricter guidelines. The bay area is an example. If they choose not to come with the state guidelines, they have that right. This is an optimistic day as we see a ray of sunshine on the horizon. Newsom is not nacve
Hopkins there are currently over 1 million cases of the coronavirus here in the u. S. And more than 56,000 of those cases are in california. Were also seeing more than 2200 deaths in the state overall more than 187,000 people have recovered from the pandemic in the u. S. We have updated numbers on coronavirus cases and deaths right here in the bay area as of today. There are more than 8600 cases in the bay Santa Clara County remains one of the hardest hit areas and as for the number of deaths over 300 people have died from the virus right here in the bay area on march 16th when the shelterinplace orders were first issued there are just 4 deaths we have a complete breakdown of the cases and deaths by county and city on our website kron 4 dot com. Well those new projections comments governor newsome says california could get a reopening its economy by friday, retail and its manufacturers will be the first to enr into california its next phase of the stay at home order. Governor newsome s
Im jamie colby here in savannah, georgia, today on my way to meet a woman whose strange inheritance was built with blood, sweat and gears. My name is Sherri Anderson. My dad was a farmer who worked more than 5,000 acres of potatoes, beer barley and sugar beets, but his real bumper crop was growing inside his barns. Sherri. Hey. Im jamie. Nice to meet you. To savannah. Oh, its gorgeous and so great to meet you. Inside, sherri shows me some old photos that tell the story of her fathers 20plus years restoring cars and trucks in his barns near paul, idaho. What variety. Absolutely. He had cars dating from 1919 up to 1982. He got a 1968 mustang, which was moms cruising car, a 1928 rollsroyce. This looks special. The 1950 bentley, my personal favorite, too. The restoration wizard, callan cal phillips, born 1925. He spends his childhood working on the family wheat and potato farm in southcentral idaho. Cal serves in the pacific in world war ii, returns home to work on the family farm, gets ma