Street clear of vehicle traffic. Its more than saying close the street down. Theres issues like a transit center. And buses that come through. Were working with them. Rerouting. Restaurant capacity pays the rent owners are looking for a lifeline. Sa ta cruz avenue would close. Business districts are feeling it. They reached out and said we are excited about reopening. We need help. Restaurants could use parking lots to accommodate customers. Theres concern. Support for businesses and the safety is paramount. We want to see permanent dollars and so forth. Safety devices. What have you. For public safety. This is a lot of Different Things to think about. Additional pandemic circulation. Spacing. All the Different Things. The city hopes to launch a plan by summer. Similar to the south bay san jose focus. We cannot go back to the way we did things before. That presents an opportunity for us to try new things. And things that may actually in the long run be better for the community. Early p
A live look at times square in new york, and the lights are still out on broadway. With all shows shut down, the financial fallout is mounting in the billions every month. And this morning there is a Major Development from one of broadways biggest shows. Will ganss is here with more now. Good morning, will. Frozen the Broadway Musical grossed over 150 million and entertained more than 1. 3 Million People in its threeyear run. Now its the first of the broadway blockbusters announcing that it wont be coming back when the great white way reopens. Reporter waiting for the sun to come back up over broadway, some tough news this week. All performances suspended through labor day at least. In one fell swoop, it was like my current job was taken from me, and my future job was taken from me. Reporter emily walton performing off broadway was set to return to broadways smash hit come from away on march 31st. Come from away was the big arrival moment for me. Repr blockbusters closing their curtain
Sockof course is momentum that of course is the momentum behind this rally. Rally seems to be fading, and another interesting piece, we have the Canadian Dollar soaring against the u. S. Dollar with the oil rally. You were mentioning that everything is rallying, and that is true too for bonds. The two year yield carving out a record low and that tells you that bonds are rallying in a big way. While stocks are rallying you have investors going towards the bonds, suggesting they have their eye on the economic picture. The jobs data and nonforeign payrolls coming out tomorrow which will be devastating, not just from an economic standpoint, that from a human standpoint. The question is will we see more of a connection between stocks and the Economic Data or not . Or will we have investors look past the data towards the liquidity that the fed has been providing . Certainly a risk on day. David that is what they have been doing so far. Few mckee got to talk a minutes ago with mary daly, the
Magnitu magnitude. Felt like a 3. 5. All right. I believe you. Heres a look at what is going on. Live doppler 7. 6. 2 where it happened and a depth of two miles which means damage. The reason we felt it 235 miles away is what we learned the harder the ground, the more it transmits the energy. The softer the ground, the less it transmits that energy. Thats why it traveled so far. Now, Something Like that happen in the bay area may not travel that far because our ground is much softer. 6 is strong. 30 million. Thats the amount of explosive. 30 Million Pounds of explosive there. All right. Back here at home. No need for the umbrella today. Lets take a quick look at your planner. High clouds, seasonal temperatures and well talk more about the Atmospheric River coming up next. Reggie . Mike, thank you. Abc7 is committed to building a better bay area and finding treatments for coronavirus are part of that effort. This falls under the area of health that we are focusing on. One of four areas.
Likely it is that huawei will get those licenses and the department of commerce wouldnt say specifically they wont get any licenses, they said they will review those on a casebycase basis you can imagine given the administrations crackdown now its going to be difficult for huawei to get any of these licenses from the United States to use this type of technology back over to you. Eamon, its jon what this seems to me to be is something that introduces a lot of uncertainty into the Semiconductor Industry in general. I mean if you look at chip equipment suppliers, if they cant supply technology to one of their major customers, that has an impact on their ability to make money. It has lots of follow on implications down the line is it your sense that the administration is taking an initial stance and looking for room for flexibility and to negotiate or is this something theyre going to push forward in the Semiconductor Industry has to brace for well, we dont know for sure, jon. This is a pi