It is up 25 , but still well below 15 a barrel on a supply glut in the u. S. And around the world. And as Congress Passes that 480 billion relief package to keep the Paycheck Protection Program running, td bank has promised some 26,000 Small Business loans. The ceo is going to join us in a few moments and tell us how he did it kelly, over to you all right, tyler, thanks. Todays rebound is led by tech stocks again they were under pressure yesterday. Lets get to bob pisani for more on the rally bob . And like i said, the last hour, threetoone advancingtodeclining stocks, thats a nice move up. But this is really in a sense tech and even mega cap rally the five biggest stocks on the s p 500, huge gains here facebook is up 7 . Google is up 4 . Microsoft, apple, amazon look at these moves up the other bigger five, berkshire, walmart, only one, Procter Gamble were down when you get nine of the top ten moving up, the s p is going to move, even if the other ones dont do much at all this is a me
A wider al break after recording its 1st official case of the virus with infrastructure and health care decimated by nearly a decade of conflict well speak with a volunteer trying to help the most vulnerable. Im burnt off its good to have you with us it is one of the biggest disruptions so far from the coronavirus pandemic today japanese Prime Minister shinzo abi announced that the summer Olympic Games in tokyo are being postponed into 2021 japan of the International Olympic committee reached the decision after weeks and weeks of pressure from athletes across the globe. The tokyo lympics are off the decision came suddenly but was not unexpected after weeks of debate and speculation. I suggested to the i. O. C. President thomas spock that the games be perspiring for a year and he was 100 percent in favor of that for that matter its a decision that was not taken lightly or willingly but pressure had been mounting from athletes and sports federations canada had already announced it would
Now at 11 00, in a late night vote, Congress Moves a step closer to pass the trillion dollar stimulus plan. Whats included to help those struggling during the coronavirus outbreak. Reporter 2 Police Officers and 5 Health Care Workers tested positive for the coronavirus in San Francisco. Why one union chief is saying it could be the tip of the iceberg. A california man is charged in the first major criminal case related to the coronavirus. Not only did i create the cure, but this pill right here is the prevention. How the feds say he preyed on peoples fear during the outbreak. Now at 11 00, and streaming on cbsn bay area, hospitals brace for an influx of coronavirus patients as lawmakers race to provide Financial Relief. Good evening, im ken bastida. And im elizabeth cook. Tonight a grim milestone in the outbreak. The coronavirus has now been blamed for killing more than 1,000 people here in the u. S. About 2 hours ago, the Senate Finally passed a 2 trillion aid bill after it had stalle
President trump said he personally would probably get tested for the virus soon. There are reports that a second person who visited with President Trump last weekend at his maralago present in florida has tested positive for the coronavirus. The National Emergency declaration comes as nancy pelosi says the white house has now reached a deal with the white house on a coronavirus package. That move helps the dow see its biggest oneday point gain ever. The state reported its fifth death related to covid19. School districts across the bay area announce closures. Both San Francisco and santa clara counties tighten their restrictions. The number of cases in Santa Clara County is up to 76. And officials there say they have to do more to stop spread. 43 of those cases were contracted by Community Transmission and not travel. The county is now banning gatherings of more than 100 people. Reporter object at some Santa Clara County restaurants could slow to a trickle following fridays eticket from
Economic relief plan, the largest in the nation for industries, workers and hospitals devastated by a virus that hfected every state. On wednesday the Senate Unanimously passed the bill at the democrats won concessions cr like sing Unemployment Benefits for workers. Also this week President Trump said he would like to see the eronomy reopen by ea but california gov. Gavin newsom things that is too soon for the state. School districts in the bay area announced that they would stay closed at least until may 1. Joining me now, from washington, dc, his california congressman, adam schiff. Thank you so much for being with here today. Intended to provide relief to all levels of society. Can you speak specifically to how it will help californians . It will help them a great deal, first of all, liall rnians and people around the country will get checks st alimmediately. Those are the Cash Payments of 1200 for adults, 600 for children but it also help people inhe ononomy, nontradi workers, a lo