One of the great men of American Business will join us following the nfl teams first time back oen field without fans but players bringing attention to social justice around the country. Power lunch starts right now guess were together but separate, once again welcome to power lunch. Billions of dollars of deals on wall street today. For 20 billion, gilead adding to its cancer fighting portfolio. Its basically doubled next up for 40 billion, the biggest chip deal ever, nvidia buying arm holdings which designs chips. Up 8 and finally not quite a deal yet oracle betting to be Technical Partner in the u. S. September 20th deadline. Oracle shares up 5 on the news. Well have all of this back over to you all those big deals on wall street helping the comeback rally in stocks. After two down weeks in a row. We havent seen that in a long time jim paulson joins us now is your time to buy the dip. Welcome. Good to see you. You see the marriage between wall street and main street looks as strong
Some temperatures are cooling. There is not a screaming delta wind. It is not as hot as yesterday. We have 50s and 60s on the temps. We have fog and low clouds. The highs today are near average for some, slightly above for others. All right, over to allie, you said you had a minor blip, or is that better now . It is getting better. I am talking about south bound 238 before westbound 580. You can see it on the maps. It is no longer coming up as a crash on the maps. There is still some towing that needs to be done for this single vehicle crash. It is not causing too much backup. If you are taking i880 past the coliseum, you will see no problems to worry about. It is a short drive macarthur maze, 16 minutes. Once you get to the bay bridge toll plaza, things are pretty clear it is nice and easy on this monday morning commute. Lets go back to the headlines. Happening today, Oakland School students have the first day of school. There is still no deal between the Teachers Union and Oakland Un
Smollett haynes. And im frank somerville. We julie. And im frank umpire is. Soms frank somerville. Classes will be empty, defraud of the usual travel on the first day of school. There is currently no formal plan in place regarding what the day will look like for students and teachers. One teacher said its like being asked to play the super bowl with no game plan. Teacher and students share that anxiety about the unknown. Im definitely nervous and dont know what to expect. It could either go well, or really bad, think. It has been pretty stressful. I mean, its very hard to know how the year is going to look. Reporter students will be behind screens from home as the district kicks off what is being called the strong start program, but one middle School Teacher said theyll have only 30 minutes of instruction dale the first week with the future being unknown. The teachers and School District district are trying to line out myriad issues. Two sticking points, the unions desire to have subst
Is good to have you with us. Good morning. Good morning to you, frank. We will have our forecast. Good morning to you. Hey, guys, good morning. We are feeling some cool air. We are going to warm up again today. Get ready for it if you are inland. Id like to start up by saying that our marine layer is interesting. It is just hugging the coast this morning. Take a look at the visibility at Half Moon Bay. Is showing a little bit in the bay, but for most part, if you see those clouds, they are left over from a thunderstorm that went over the sierra last night. Certainly some fog there. Santa rosa right now, 54. 56, San Francisco. 62, livermore. San jose, 62. Today the coso clouds will be sticking around for the rest of us it will be a Sunny Afternoon. Be prepared if you are inland. We are going into those 90s. I will talk about who will go to what number and how long it will last. Knew this morning, a San Francisco firefighter was injured while battling a two alarm fire. This was on, lida
On the dow. Stocks now on pace to finish the week in the red. Those big name tech stocks we follow so closely every day, down again. We have news of a possible delay of the new iphone and apple was responsible for yesterdays market selloff as well. News on the virus. President trump says now is not the time to be holding a big event in florida, canceling the jacksonville portion of the Republican Convention. The rnc will join us in the 11 00 hour to talk about that. To chicago, where two Christopher Columbus statues came down overnight. Just as a way to appease the protesters. We will see what tom homan has to say about that in our next hour. But lets end on a positive note, shall we . It is feedback friday. Always fun. Theres stu smiling. Yes, baseball is back. Dr. Anthony fauci throwing out the first pitch of the baseball season. It wasnt great. You could say he flattened the curve with that one. Whoa. Just outside. The ceo of fox sports and Keith Hernandez joins us on baseballs retu