On the rapidly changing world. No school in the fall . We speak with the head of americas Biggest College system about just that. We are watching Worldwide Exchange here on cnbc good morning, good afternoon, good evening welcome to wherever you may be watching from. Im brian sullivan. The dow continues to slide falling again yesterday. The dow has now lost 1,500 points from highs back on may 1. Investors will be closely watching whether we are able to rebound now. Futures not indicating that. They are down about 50 points. Coming up, well show you a shocking list of Companies Names you know are hitting multiyear or alltime lows some big names you can mention names you have to watch in the banks. They have been a big red flag nearly every day we crunch some data. The immediate loss of a publicly traded company now is a decline of 41 this year even as tech stocks have recovered. Bank stocks have not one reason for that is likely this bond yields stay low, 10year at. 62 . Asia is finishin
83 four san jose, we will talk about onshore flow beginning to kick in for the weekend i will have more on that coming up lets check in with gianna for a look at traffic. Good morning. Good morning. We got a couple of trouble spots southbound 13 because of an overturned vehicle that flew from the freeway off to the side of the roadway. It is not blocking any liens but there is quite a bit of damage to the guardrail. That is going to take some time. Good news here at 980, that 27th street onramp to eastbound nine any has been clear, they just shut that on bell the new coronavirus really fill is worth almost 500 million. Hes expected to sign this today, taking live look at capitol hill rainout where that passed through the house overwhelmingly yesterday. Some of these Bigger Companies getting billions of dollars in relief money not returning at ruths chris steakhouse is the latest to do that, she extracted it because the got the money before a lot of the smaller businesses, a lot of hope
Cases across our state. 42 more people died yesterday, bringing the number of deaths statewide to more than 1200. And the number of people in intensive care units is up 2. 8 . We are coming out of the states deadliest week since the pandemic began and today at his briefing Governor Newsom said californias curve is bending at still rising. Progress is being made, you are bending, the curve, beginning to flatten the curve, but it is still nonetheless rising. Yes continue to rise, hospitalizations modestly continue to rise, icu numbers, beginning to flatten. We are not seeing that downward trend, we need to see in order to provide more clarity on that roadmap to recovery. Governor also produced number of deaths on race and activity 6 of the states population account for 12 of the coronavirus debts. We are also learning new information about growing number of coronavirus cases at Skilled Nursing facilities across the state, at least 32 Nursing Homes in the bay area have reported outbreak C
Economy on the edge as millions more file for unemployment. The government reports 80 million americans have received their stimulus payments, but reports this morning of chaos and confusion for some trying to get their money, and the irs site meant to help, crashing. Colleges in crisis. Educators sound the alarm. Schools in jeopardy of losing billions of dollars with campuses in danger of being closed in the fall, how many ts planning to pull out. Stranded at sea. Tens of thousands still stuck on cruise ships with no ports willing to take them in. The crew members speaking out this morning, adrift for weeks taking us inside his ghost ship only on gma this morning. An abc news excl Michael Jordan live. Talking about the brandnew espn docuseries, the last dance. Inside his unforgettable final championship season with the ic thneverbefoseen good morning, america. We cannot wait to hear from Michael Jordan and were happy to have amy here, of course, in studio with me and also happy on thi
Stocks as well. At 4 00 oclock on wall Street Markets were downwith the dow industrials taking another step down near the close so we were down sharply in the morning, leveled off in the afternoon, went back at it at the close, down 592 points on dow industrials at 4 00 oclock yesterday. Earning season rolls on. Big names include cocacola, lockheed martin, Philip Morris and travelers this morning. After the bell attention turning to streaming giant netflix. We will anticipate what the numbers will be. President trump saying he will sign executive order temporarily suspending immigration as part of the war against the coronavirus pandemic. Getting america back to work, georgias governor announcing businesses can reopen this week. Other states including South Carolina and tennessee also starting to ease restrictions. Meanwhile battle over additional coronavirus aid continues on capitol hill this morning. Businesses are waiting for the muchneeded funds to become available. Senate likely t