Without some sellers coming out of the woodwork which is why the dow shed now tepid nasdaq lost 3. 4 twee have to use this moment to regroup and figure out the markets. I think todays action was pure profit taking. But the sellers had a lot of excuses. I any its worth going over them in detail. Its forearmed rail recovery thesis really moderating. It might be right. Its certainly a possibility if you dont get stimulus. Second, the reopening has clearly been stalled by the outbreaks. Its trying to get the mortality rate substantially lower than the original outbreak in new york some of that is because weve gotten better treating covid as we learn more about it, it is novel if you were on a vent lator in new york, you only had a 20 chance of surviving. Youre now at 70 . You have a host of treatments you didnt have before steroids, remdesivir, blood plasma i dont want to doubt it even if more people survive, complications are horrifying nobody wants to spend weeks in the hospital nobody w
Down 20 to 30 during the overnight hours and winds that are still very manageable around the crews fire in gilroy. Your winds will stay manageable while the winds are up near the Mountain Meadow are an issue as we head throughout the day. Quick look at what is going on with your planner. Mid to upper 50s at the coast and 79 around the bay and a touch warmer this afternoon. Thank you, mike. Happening in Santa Clara County the crews fire is continuing to burn right now. Flames have scorched 5,400 acres since this started sunday afternoon and dozens of people have been evacuated. This fire destroyed one structure. Containment is at 20 . In Solano County the Mountain Meadow fire has burned dangerously close to several homes in fairfield. Burned 60 acres since it started yesterday afternoon. The flames destroyed an outbuilding and nobody was inside and luckily no one was hurt. Amy hoyfthe scene rning. We coming upn the next half e lkin abon socialorceinternati students and beyond to leave t
The National Guard activated after that eruption of violence in her city. Mayor Keisha Lance Bottoms joins us live only on gma this morning. Severe storm alert. Flash flooding and hail slamming the northeast. Now the new storms moving in. Under pressure. As Jeffrey Epsteins longtime confidante, ghislaine maxwell, wakes up behind bars in new york this morning, her friend, Prince Andrew, faces new fallout as the world waits to see what she may reveal. Tiktok ban. Overnight secretary of state mike pompeo saying the Trump Administration may consider banning the hugely popular app hundreds of millions of teens use over privacy concerns. The nbas top teams and biggest stars now on their way to restart the season at disney world. Lebron james masked and ready to go. Cases explode in florida and concerns with other major sports leagues. This morning an inside look at life in the bubble. And we do say good and we do say good morning, america. And a very, very busy tuesday morning, especially fo
My breaking news right now on the news at 7 00 streaming on cbsn bay area. In the last 45 minutes we learned much more about the deadly officer involved shooting that left a wanted murder suspect dead. It happened in unincorporated san leandro at a motel along foothill boulevard. We go there live. Reporter we are standing at the corner of foothill boulevard and 170th avenue, the shooting happened about a block away from where we are standing at the valeant hotel. The Alameda County Sheriffs Department says a murder suspect out of oakland had barricaded himself inside a room since 11 30 this morning. They negotiated with him for a peaceful surrender for about five hours. Investigators say the suspect came out and opened fire on the deputies around 4 30 p. M. They say deputies returned fire killing the murder suspect. His identity has not been released at this time. He emerged from the room, you could see he was moving furniture and other items out of the way, he then produced a semi aut
Reporter its sort of a food chain of problems. Yesterday we heard about the states budget problems and today we are going to talk about the county. Who do you think theyre going to go to for help . Were looking at deficits between 10 and 20 million over the next two years, the timing is a little uncertain at this point but at least 10 million next year. Reporter with mauldin many businesses still shuttered putting sales tax revenue on its own kind of lock down, marin is just another county looking at a steep and sudden budget shortfall print the different size of the counties makes a difference in terms of total number but i think relatively speaking we are all in the same boat. Reporter sonoma county, 15 million, napa 20 million, alameda 140, santa clara, 285 million and then there is the city and county of sanford cisco. We anticipate a 1. 1 to 1. 7 billion budget deficit paid reporter that means counties will be lining up for help from the state. The current Budget Proposal reflects