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Transcripts For KNTV NBC Bay Area News At 5 20240711

Its devastating news for restaurants. Its a really concern. We have a skeleton staff. And en that staff is in jeopardy. If we cant generate revenue. Rain and cold is not helping. Call to action from a county that had seen improvements. We have an obligation as the leaders of the community and the adults and really fighting back this virus. So we can get kids to school. We can get businesses back open. And get our lives back as normal as we can get them. Looking ahead to next week. If the county goes into the red tier on tuesday. That means theaters and gyms will also be taking a step back. It is happening. Not just the south bay. Contra cost also rolling back reopening. Its a familiar game plan beginning tuesday. Shutting down Indoor Dining. Indoor gyms. Concession stands at movie theaters. Also stopping Indoor Dining. Theyre going further. Moving county into the red tier. The state hasnt told them to do that yet. Tuesday indoor stores and malls have to cut back on the customers allowe

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Transcripts For CNBC Mad Money 20240711

Came on our air and said they were bullish, in part because everyone is so bearish each one took turns explaining how those bears would turn into bulls, propelling stocks higher. Buy, buy, buy. Just one little problem when one strategist says everyones bearish, thats a listen up moment when two strategists say everyones bearish, you might get a little suspicious. When three bigshot strategists say everyone is bearish, you got to figure the consensus is wrong. We dont have too many bears we have too many bulls and maybe thats why the averages rolled over today with the dow tumbling 317 points, s p sinking 1 , and, by the way, things were a lot uglier for the dow in the early afternoon you see when most investors are bullish it means there is no one left to buy. They have plenty of facts on their sides. Everything from low Interest Rates, massive earnings, liquidity, i would let any of them manage my money if i were allowed to have money managed. Unfortunately, these positives have a whi

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Transcripts For CNBC Squawk Box 20240712

Home this is not an option. Welcome to my world this is all i use these days. It is so easy. So quick amazing im 30 years old im 66 i look like adonis. You are mocking me. Not a terrible mock to receive wolff, were you here in the u. S. You mean january 1, 2016 when i arrived on these shores . Was it really january 1 one or two. You are in for another treat, i guess to see real democracy in action to have a constitution that is the envy of the world instead of 12 different parties in england, the republicans can team up with bernie. You know what it is like to win the popular vote exactly, because our forefathers realize two parties could not elect the president. Other people might have something to say in the uk, you can quite comfortably get a seat in Parliament Without the popular vote you are right, we have no written constitution it is hard to push back on that front. We have our own royal family, the kardashians. We promise not to gang up too much. Im enjoying this so far. I want

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Transcripts For CNBC Squawk On The Street 20240712

Lavongo on their merger and the first companys earnings report. David has news on microsoft and tiktok. Want to continue to update a story were following closely given we have not seen anything like it. Tiktok the incredibly popular social media app in the u. S. And around the world, bytedance its owner, the u. S. Government saying we will shut tiktok down in the u. S. Unless you find a way to transfer all of it to u. S. Ownership and microsoft playing the role as potentially the only suitor for the business i wanted to bring everybody up to date on new reporting that ive got because it is interesting. Both sides right now, bytedance and microsoft and of course the u. S. Government is still very much involved in this as well are negotiating to try to reach some sort of an agreement under which microsoft would buy the u. S. Business of texas toks u. S. Bit from bytedance within the next two to three weeks. That seems to be what theyre hoping for in terms of a timeline obviously in these

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Transcripts For CNBC Squawk Box 20240713

About 6. 6 million filed for unemployment in the past week. So 10 million who have gone into this even though it doesnt have the most recent week will watch to see how this turns out. Crude oil prices after the biggest hike after one day after maybe 26 after news that joe kernen reported here after the president said what he was going to be doing absolutely changed not only the oil market yesterday but the entire equity market as well yes like i said. You suspend disbelieve of everything at this point dont we came in, talked to him he tweeted exactly what he said. It was vintage trump expects, hopes while i certainly hope so, i expect what has been confirmed bio peck is while they are saying at least 6 million in their meeting. The president said as much as 15 maybe they are talking about overall. Opec . Yes opec the market didnt really back off yesterday after the president was racing eyebrows maybe prematurely announcing or hoping for a deal or massage people into a deal didnt back o

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