Production next week. Now we dont know which ones are going to be built but we just know for boeing which has had rapid troubles over the past year and a half or so to say nothing of the virus shutdown here, but this is welcome news, certainly for the markets and of course the biggest advance today is Gilead Science drug that is showing promise, or could be effective against the coronavirus, its out there a number of other medical concerns that are also involved in the hunt for a vaccine or a treatment and there are a variety of them out there half a dozen is coming up here and i will explain a little bit later but its what gilead is doing thats getting a lot of attention as we stressed so many times here regardless of the stimulus around the virus, what will really move the markets and connell ly proven to be the case is progress on dealing with and or treating the virus so this gilead news is big news in need, Jackie Deangelis on that and much more. Jackie theres optimism in the mark
The state, with county health officers, will begin easing constraints. It is all conditioned on is continuing to stay the course on the current road that we are on. Reporter not time to celebrate, but these neighbors see it as newsom does, a glimmer. It gives people hope, little thread to hang onto. Reporter this gathering reflects our times. Residence at a santa rosa culdesac connect every tuesday when they bring their garbage cans in. Trash talk they call it, weekly friendship and support. Its been challenging all of a sudden to not have a job. Its california, my husband and i need both of our incomes. Reporter they are all aware when restrictions lift. The new normal will be very different. We are all going to have to make some meditations and continue to adapt. I just think its important to let folks know we are not in a permanent state. Reporter the timetable will become more clear inmate. Lets not make the mistake of pulling the plug too early, as much as we all want to. I dont w
Im annemarie green. The coronavirus pandemic marked a new threshold here in the u. S. Infections are confirmed in all 50 states. Nationwide, there are now more than 6,300 reported cases and more than 100 deaths. Across the country, local officials are taking aggressive action to curb the spread of the virus. New york citys mayor is considering a shelterinplace order for more than eight Million People who live here. That action is already in effect for People Living in parts of northern california. Meanwhile, hospitals are in desperate need of more protective gear to handle the outbreak, and theres growing concern over whether theyll have enough beds and supplies for infected patients. In washington, congress is working on what may be the largest bailout in American History to rescue the u. S. Economy from the pandemic. Gwen baumgardner is in london tracking all of the detais for us. What is the latest on this stimulus package . Reporter hey, good morning, annemarie. The government is h
Thanks. Okay. Good morning, supervisors. We have the slides. I want to start by putting the Central Market into the areaing, payroll tax exclusion to contacts and provide some history that has brought us here today. In 2011, under the leadership of mayor, the city and county launched the Central Market Economic Strategy. In response to widespread consensus there was a strong need to private and public investment, with the end goal to strengthen the longneglected stretch of Market Street between 5th and van ness. The strategy at time was in the Partnership Led by our office. Under the strategy, the agencies engaged private stakeholders, including communityman based groups, Small Businesses to direct resources to Central Market corridor. It has been neglected for decades, up like the rest of the city, did not see substantial investment or improvements during the economic boom in the 80s, 90s and early 2000s. Despite the longestablished art venues and history. The Development Strategy inc
Memorial day. Katie and Katie Greifeld in new york. Welcome to Bloomberg Markets. Look at markets on this friday, green on the screen after a disappointing day on thursday. S p 500 higher by. 4 . It felt by. 7 yesterday. We are marginally lower for the week. A look at the nasdaq 100, higher by half a percent. But russell 2000 current the higher by. 6 or so. Lets drill down into eli lilly, boosting its weight loss drug supply. The farmer giant was meant 5. 3 billion will spend 5. 3 billion to make the main ingredient on its with loss drugs. The popularity of this shot has led to shortages. Gaming cardi joins us now with more details. You think about the question to boost production and be able to address the demand. How far will the investment go . Ideally, despite the ubiquity of these medicines it sometimes escapes and it sometimes escapes notice that they are technically in a shortage, lilys and a competing drug from novo nordisk. The idea is to boost the production of the active ing