Today, the covid and convention, but this is a big deal. Im outside in port arthur, texas. That is the biggest u. S. Oil refinery. That is the motiva refinery. It is shut down, flaring some gas. Just a skelton crew. They cant shut it completely down. That is shut. Oil and gas throughout this region shut. But more importantly the people. Take a look at the latest pictures of this morning people getting, the last plane out of saigon almost. The last few buses out of the port arthur dead center in the cone. Were dead set the eye of the storm could come ashore. If it is a cat4 storm that comes ashore, and youre in the wall, you will get quite a ride. You point out unsurvivable water in terms of storm surge. We talked to some folks that stayed in other hurricanes but after their experience, this time they say, im out of here. Trying to stay, when they said it would be category, would end up being a category 4, the possibility we would be in the eye, that is kind of scary. With harvey, we we
Out what the Federal Reserve is going to do to rev up the economy. Big speech coming from chairman powell. Odds are hes going to talk about inflation. He wants more of it. If thats correct, hell be printing a lot of money. Literally seven minutes from now make that nine or ten minutes from now, we will be allowed to give you the official word. And, by the way, thats what the markets waiting for. The dow jones average is coming off the dow is going to be down about 22 points, roughly that way. Lets see what happens when we get the feds announcement. The s p, thats coming off its 18th alltime high. Down a couple of points at the moment. The nasdaq is coming off its 38th alltime high. We did receive news of just over one million new jobless benefit claims last week, no noticeable impact on the market on that. That market, the investors, theyre really waiting for the fed. Five big tech stocks, theyre coming off record highs. Here they are this morning, premarket. Apple is up some more, but
News stations. Youre watching kron 4 news at 9. A covid19 outbreak at San Quentin State Prison in marine county. We have 4 more inmates who died over the weekend, including convicted killer. Johnny avila junior, thank you for joining us said 9 oclock everybody Catherine Heenan will be here momentarily im grant lotus the cases are climbing at San Quentin State Prison with 94 new cases in just the past 2 weeks and right now 537 people on the prison have the virus. More than 1500 of them have recovered 19 of the inmates have died 10 of them or have been on death row. All of this according to the states online tracker of prison populations. The virus moving fast within the walls of the prison. It is not isolated to just inside kron fours michelle kingston explains there are more than 250 confirmed covid cases among Staff Members. Were told theyre all given an n 95 mask as they enter the prison and theyre being tested every 2 weeks she has said that she and the in his route. Just woken up a
Also coming up, the sting operation underway in wales. Police hunt for 14 stolen beehives. Is it a job for the beehives. Is it a job for the flying squad, as the beekeepers warn , the thefts are part of a warn, the thefts are part of a growing trend. Growing trend. First, lets get all your headunes first, lets get all your headlines now with rhiannon jones. Pitt thank you. Good afternoon. Its 12 01. Your top stories from the gb newsroom. Stories from the gb newsroom. The private sector is being called on to help clear the backlog and cut record high waiting lists. 13 new Community Diagnostic Centres will be opened across england to carry out hundreds of thousands of scans , checks and tests. Eight scans, checks and tests. Eight of the new facilities will be operated by independent companies , but services will be companies, but services will be free to patients. Five will be run by the nhs. Free to patients. Five will be run by the nhs. The latest run by the nhs. The latest figures sho