This is boom box the one business show you cant afford to miss im going to bore in washington coming up next talk saga has seen yet another shock twist the oracle has made an agreement with bite dance and beating out the favorite tech giant microsoft straight ahead we dive into the potential deal and what it means for the Popular Video sharing app plus after a hiatus astra zeneca and Oxford University have resumed trials for their code 19 vaccine later we break down the race here and where action numbers stand globally and while many sectors of the economy continue to struggle in the wake of coppa 19 markets are surging on the back of some major acquisitions later well take a look at these moves and what and the state of equities in fact show today so lets dive right in. And we lead the program with a major divel. In this saga surrounding the most popular social media app in the world tick tock as monday bite dance the Parent Company of tech back has announced that it reached an agreem
Good checking in on the traffic. I havent found any hot spots so thats good news for rolling from oakland to San Francisco this morning. Traffic is looking good. No big problems here across the upper deck over to the skyway and its just fine right on through downtown San Francisco so come on and its under 15 minutes for your drive time. Were also checking in on 92 the san mateo bridge busy. Busy but not bad we have more traffic into and out of hayward but no the problems and youre overall drive time is still under 30 minutes here for 92 for both directions actually between the bayshore and the nimitz freeway and well check in one more the richmond sandra fell bridge and no problem said still at the limit one car rolling up to the pay gates and then after that its going to be a smooth trip for you this morning into the north bay. Although more San Francisco businesses have been allowed to reopen indoors in recent weeks that is not apply to places of worship, catholic churches in the cit
To start off this workweek 50s and 60s for current temperatures, a nice cool start to what will be a pretty pleasant finish to the day. Ill tell you more about that. Still ahead michelle. Robin time to pack up roll out to head to work and hit the roads and freeways were checking in on the bridges which are getting a little kids busy depending on where youre heading this morning. Like if you take 92 and you need to make that trip from the east bay over to the peninsula we already have some crowding here on the san mateo bridge. No problems its just off to a sluggish start as usual that actually started an hour ago, and its still busy to the peninsula. Were checking in on the bay bridge were hot spot free into San Francisco, no delays or issues across the upper deck right through downtown San Francisco. So under 10 minutes for your drive and they were just speaking at some drive times around the bay area they all look good rain the green for highway for west through contra costa county,
A krone virus here and where the action numbers stand globally and while many sectors of the economy continue to struggle in the wake of coppa 19 markets are surging on the back of some major acquisitions later well take a look at these moves and what and the state of equities in fact show today so lets dive right in. And we lead the program with a Major Development in this saga surrounding the most popular social media app in the world tick tock as monday by dance the Parent Company of tic tac has announced that it reached an agreement with oracle now according to by dance the company has submitted a proposal to the u. S. Treasury department over the weekend that would make oracle not the owner of tick tock but a trusted Technology Provider shares in oracle jumped more than 6 percent on monday morning with confirmation of the news treasury secretary Stephen Newton says that the government is reviewing the proposal but this move could mean that by dance does not have the outright sell
Uncertainty about where fiscal stimulus is going to go in the future. The major stock averages are all coming off their 3rd consecutive losing week the u k apparently reported considering another National Lockdown to try to stop an increase in coronavirus cases there so that could rattle the Global Markets annalee here weve got negotiations for a second stimulus bill kind of complicated now with the passing of Supreme Court Justice Ruth Bader ginsburg. So thats also sending shock waves through wall street tech shares which had been riding high are all getting hit hard today, Apple Microsoft amazon all off by at least one percent and then if youve been following the latest with shares of an electric car and Truck Company is thought to be a major competitor to tesla well we have news this morning that trevor milton, its founder is voluntarily stepping down now as executive chairman and its board member as we have the department of justice and the sec. Apparently questioning some of the c