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,
One of the hottest stocks in the market, General Motors dives in and the ceo will join us in just a moment power lunch starts right now welcome to power lunch. Im dominic chu. One bright spot is the Housing Market you have restoration hardware, williams sonoma, theyre jumping and then you have trex, which makes decking and railingtype products for homes and two Retail Stocks hitting new highs, will brands a the a 52week high, target at an alltime high yet again today after its big blowout Earnings Report yesterday. And, kelly, you mentioned the electric vehicle trades tesla a the at a new high is up 20 in just this past week kelly. All right, dom. The dow sliding today and heading now for a down week. Lets go to bob pisani for the action the markets are still having a hard time to figure out on what to focus. Do you focus on the spring reopening in 2021 and Second Quarter or on the covid winter right now . Today a little more focus on the covid winter the good news is tech which has be
Along the coastline. A little bit of a cooler afternoon than what we saw yesterday to get this weekend started so weather is definitely cooperating today. The big question is will traffic be friday light as we work our way towards the weekend and it doesnt look like its too bad just yeah looking pretty good so far john but we do have some construction thats wrapping up so little slow on the nimitz but at least its not a major hot spot so were off to a fantastic start. Heres a live. Look at one of your busy bridges and thats 92. No surprise right its always busy or the busy especially during the 4 oclock 5 oclock hour. So it continues to fill in as we enter new hour lots of brake lights but no problem so this is good 12 minutes for your drive to the peninsula here at the bay bridge 80 west not as busy very quiet 11 minutes off to fremont street and heres the construction that i mentioned so its 80 north north of high street. Theyre always a little late picking up the cones some time wor
Be a comber affair, sometimes when youre sitting down her brother standing, makes a difference, itll be a little bit for their part 12 feet than the customary virus world which we live in 6 feet plexiglass and all of that. It could be interesting, Hillary Vaughn and Salt Lake City, where this goes down later tonight with the very latest. The Biden Campaign says senator Kamala Harris tested negative for covid yesterday, she is in the clear for the debate tonight, so is Vice President mike pence who the cdc cleared yesterday saint several negative test it is safer than bp to participate in tonights debate even though hes had a few close calls coming into contact with the virus after the president tested positive, white house advisor Stephen Miller did to who is married to mike pence spokesperson katie miller, both candidates will have masks during the debate but as you can see alive look inside the debate, there are two plexiglass partitions set up for the guest on the candidates Kamala
[cheering] pres. Trump thank you. U. S. A. ] well, we won pennsylvania last time and we are going to win it by a lot more this time. [cheering] wes. Trump four years ago, had a lot of enthusiasm but we have more now, even the fake news will admit that. More than we have ever had. Hello, pennsylvania. Thank you for being here. [cheering] pres. Trump as we stand together we will take it. Gardencame from the rose at the white house. [cheering] pres. Trump thank you very much. I love you, too. [cheering] pres. Trump i love you, too. [cheering] we are doing well. Our country is going to be stronger than ever before very soon. It is all happening beautifully. We had to close it down, we saved millions of lives, we are doing record numbers, we are going to have a great third quarter, so thank you very much. [cheering] i just came from the rose garden at the white house where i proudly nominated for they Coney Barrett United States Supreme Court. [cheering] aes. Trump judge barrett is brillian