Lot going on as stuart did tell you that whole hearing where the tech giants will gather virtually at least. It is parked back maybe half an hour. I was doing back of the napkin guesstimating on their wealth. That is on, i think is worth about 180 billion. Our Charlie Brady follows this thing would know to the penny. I think it is roughly about that. Mark zuckerberg facebook, close to 90 billion, close to 2 billion, tim cook of apple, thanks to appreciation of that stock, he is at around 2 billion. So lets say you were to add all of this. These are numbers. I added it all up. That is 272 billion collectively. These are among the richest men on the planet, particularly when it comes to bezos and zuckerberg. But putting companies combined market cap at north of 5 trillion. If you were to add microsoft to that bunch, microsoft will not be part of this hearing. They represent the five most valuable companies in the world. Isnt that amazing . Youre welcome america. We have this delay. We ha
News stations. Youre watching kron 4 news at no act by matter is not a political statement i too little disappointed in the decision to remove it as soon as they did. Now at 9 city officials in one peninsula city quietly remove a black lives matter mural after someone suggested putting up a trump 2020 slogan as well, thank you for joining us tonight, im grant lotus and im Catherine Heenan Vicki Liviakis has the night off. The redwood city mural it was put up on the 4th of july it had approval from city officials but it was washed away last week this after a local attorneys requested that a mural supporting President Trump be painted nearby kron 4 stand for and he talked to the murals artist and the attorneys tonight, he joins us live in redwood city dan. Well that mural the artist of the black lives matter mural says that he is really thankful to be to redwood city for allowing him to paint this mural but his issue is that he believes that maybe this message was washed away because of
Thanks for taking my question, you added a sentence into the statement about the course of the economy depends on the path of the virus is this do you feel this idea or view is not widely enough understood do you feel you had warned back in may that too early reopening or cautious reopening might harm the economy do you feel that message is not heard and some of these reopenings took place perhaps sooner than they should have i think we feel that it might be the most central fact or the most central driver of the economy is the virus were seeing that again. You saw that during the lockdown when we got cases way down you saw the economy reopening. You saw spending go up and hiring go up now that the cases have spiked again. Again, the early data, highfrequency data suggests that theres a slower pace of growth at least for now. We dont know how deep or how long that will be. Its such an important sentence, we just decided that it needed to be in our post meeting statement. Its so fundame
Global one day record over the weekend. Expects a deeper contraction in the u. S. As the infection rate stateside rises to 2 , but equities prove immune to the bad news with chinese stocks leading gains. Wall street is playing catchup after fridays Independence Day holiday. Vacuum. The power Commerce Bank looks to fill its top jobs as soon as possible in a bid to end shareholder revolt led by activists investor cerberus. Germangetting right now factory orders up 10. 4 percent. Sounds like a big number, but of course, its from a low base and it misses the survey by a lot. The surveyed factory order, the expectations for factory orders soth over month were 15. 4 we only got 10 point 4 . Much better than the prior month s 26 drop and it looks like german factory orders and a lot of things may be in this coming quarter may have a similar feel as Goldman Sachs cuts its expectations for u. S. Gdp growth in the Third Quarter. Here, you see european futures, big gains. Your stock futures up 2.
Investing in criminal justice, investing in housing, investing in education. We go to the offices, we schedule a meeting. We have done Public Comment multiple times, but it feels like our issues fall on deaf ears. Reporter the caravan grew as it got closer to sheriff david livingstons home. Once they arrived, a few dozen protesters got out to pray and share stories of how they say they experienced Excessive Force at the hands of Law Enforcement. Neighbors say the sheriff warned them protesters were coming to his house. Neighbor Michael Edwards said he was okay with a peaceful demonstration. Its a public street and its peaceful, so its mixed feelings. Reporter Law Enforcement drones and a helicopter tracked the protests, and officers were on standby nearby in case things got out of hand. The helicopter is here, drones are all out. I dont think he had to be here physically, but he was here. They can demonstrate as long as it remains peaceful and it doesnt impede on anybody elses constitu