These companies have big time backers. The Plump Jack Group is home to a hand full of properties. On their website, youll find wineries, bars, restaurants, even a boutique hotel. Abc 7 niece brks krrks bc 7s a companies founded by gavin newsom got 3 million of ppp loans. Villa encinal partners. The name is traced back to the plump jack winery in np pa. Gordon getty is an investor. According to sba data, the Company Received a loan for more than 900,000 on april 14th, 2020. The sba expects 60 of the loan must be used towards payroll. Based on the data, which indicates this business retained 14 employees, if divided equally, each of them would have received around 40,000 to cover payroll. Over a period of three months. Hypothetically, that would amount to a salary of 160,000 per employee. Its unexpected for 14 Employee Organization to get nearly a Million Dollars. Reporter sean is a policy analyst for pogo. He specializes in tracking ppp funds. The purpose behind this program is to save,
The headline number, 57. 5, down from 59. 3. This is a very elevated number by historical standards still, but there are signs of some weakness creeping into those figures. It was unlikely they would remain as high as they did. The survey number was 58. We come through with a headline number of 57. 5. Prices paid a little light as well. The employment number has dropped quite significantly. This may be something you want to Pay Attention to. Remember, we are waiting for the payrolls number friday. 48. 4 is where we are coming through their. Construction spending month on month, 1. 3 . Lets break it all down. Lets get some details. Mike mckee come over to you. Michael you gave us most of the details there that matter, especially that employment number. That has been concerning people in the markets. We have seen a slowdown in the economy reflected in the topdown numbers, although manufacturing has been the source of strength in most economies around the world since the depth of the covi
Investors are shrugging that off as stocks look to rally at the open. One name that may not rally is zoom. Shares of zoom are sinking yeah, in the premarket, work from home stock taking a hit from a rising free user base and increasing cloud costs and we have vaccine optimism, moderna and pfizer filing for emergency use and Vice President pence says vaccine rollout expected to begin in two weeks carl all right jim, i guess the question of the morning is whether that rotation, that worked historically well in the month of november, still applies. I think were running out of gas in terms of the oil and gas and focusing on exxon. Stock may not go down, giving the dividend, it says, look, were at wits end and the big Exploration Development period for exxon, market leader, u. S. Leader, is i think now over. We are following were following europe and japan and i think that we forget that you come in today, and you look for all sorts of reasons why were up and up strongly except we dont look
Potentially exposed at a private school and has tested negative twice. The governor has three other children that have tested negative as well, as have the governor and first partner. The political reports of the governor will get another test this weekend. Californians that live in a purple tear county are asked to stay home between 10 00 pm and 5 00 a. M. Officials in San Francisco worn they could be moved to the purple tear as soon as sunday. The Santa Clara County Health Officer warned the hospitals could reach full capacity in the next three weeks. California announced a new loan program for Small Businesses to help Business Owners struggling during the pandemic. We have a report tonight with moron who could get help. Reporter the state started accepting applications today to qualify, the Small Business needs 50 or fewer employees. They could be eligible for up to 100,000 in a loan. To make this is the lobby back before covid19. This was thriving. Reporter this is the owner of atg
Reporter we are at the intersection of Diamond Heights boulevard and duncan street. Family members say they are grateful that she survived. Are you okay . You look great. Rosie arrived home from the hospital friday afternoon. She was released nine days after being struck by a motorcyclist that fled the scene. Today is thanksgiving. She came home. Reporter is a Surveillance Video posted on social media, showing the moment that the motorcycle crashes into rosie as she crossed the street. This happened shortly before 3 15 in the afternoon on veterans day. The motorcyclist going and did not care about anything. Hit her, and she tumbled. She literally did a 360 and went right down. Reporter fortunately, people in the area helped his mother. Police arrived quickly. He says that rosie takes daily walks for exercise. She went to the post office to drop off something to the mail. Reporter his mother was on her way home when she was struck. San Francisco Police released photos of the motorcyclis