Without power. At the height of the shutoff, 345,000 customers had their power turned off. Most areas are expected to have their lights turned on today. Abc7 News Reporter Amy Hollyfield is live in orinda this morning with how residents are dealing with this and also businesses. Good morning, amy. Hi, jobina. You cant help but feel bad for the businesses and i ammic looilo looking at them in orinda and a second day and morning of not being able to light. Its the same situation in lafayette and also in moraga. Their downtown areas do not have power and, of course, some homes also have had their lights turned out. We have seen Grocery Stores bring in lights to stay in business. Some people are frustrated. You can go on nextdoor and read how hard this is for people as they try to distance learn and work without power. The Hardware Store now say they plan for these. After last years one we restocked and held stock on things like generators and cords for generators, oil for y generators and
Here as well. Also want to point out some breaking news. Macys says their cfo paula price is going to leave the company. They are looking at an external search currently. Premarket withn the overall market. Exxon mobil also coming out, finally the last of the big majors to cut their capex. They see overall Capital Investments for this year about 23 billion. They saw up to 33 billion. They are also cutting operating expenses by about 15 . They are maintaining their longterm outlook. They say Capital Allocation priorities remain unchanged. The longest chunk of all these cuts are going to be spending in the permian basin. That is interesting. We heard something very similar with chevron, a little easier to shale. Ex within they are dealing with the fallout of the crisis. Watching those stocks as we head into the open. U. S. , as wellthe as the markets, but the collapse of the Small Business optimism i was just talking about. Gauge falling by 8. 18 points in march. Michael mckee joins us w
Nasdaq futures higher by 310 after even worse than expected jobs number led to selloff on friday. We showed you the numbers friday, dow, nasdaq and s p 500 in the red for the week. Take a look. Markets were down 2 overall on each of the major indices on the week. Oil prices this morning falling after the opec meeting which was to include russia was actually delayed. It was supposed to be a Virtual Meeting happening. It was scheduled to take place today. We are waiting on any news in terms of where the meeting stands with crude at 27. 40 a barrel. Later this Morning Energy secretary dan briet will join me and take on war between saudi arabia and russia. Uk Prime Minister Boris Johnson has been hospitalized due to coronavirus, we will get the latest on Prime Minister johnson coming up this morning. We are answering your financial questions this morning. Later what you need to know about your 401 k during this crisis. Mornings with maria is live right now. Maria lets check Global Markets
Interfere with already existent daily troubles, such as finding enough food and water. Welcome back to the france 24 newsroom. Statesn in the united and particularly in washington, d. C. , where President Trump will unveiled plans later today to economyhe worlds top despite a record daily death toll. Business leaders told him they need more testing kids and personal protective equipment before they can safely go back to work. Induststry executives caution trump that a reteturn to normaly will be anything but swift. We will be the comeback kids. Determined to project the image of a leader in control, donald trump said the United States will be ready for his come back soon. The battle continues, but dadata suggests we have passed e peak on new cases. We already know we will be openining some states sooner thn others. We thinknk some states could opn up before the deadline of may 1. The United Statess death toll is over 30,000 with a new death tololl in the past 24 hous alone. Millions of
Anat young and welcome back to the france 24 newsroom i am annette youngng and welcome back to the france 24 newsroom. The u. K. Is the biggest latest country to issue stayathome orders. Growingngdesk facing a stororm of criticism, Boris Johnson adaddress s to the natin last night. Catherine reports. I must give the british people a very simple instruction you must stay at home. Catherinine u. K. Government ordering a thrhree week shutdown stem thetest effort to spread of the coronavirus. Boris johnson has, under increasing pressure as many people have been seen out and about to disregarding the government to o social distancig recommendations. People will only be able to leave their room for the limited shopping, as infrequently as possible, one form of exercise a day, any orical need to provide care help a Vulnerable Person and traveling to and from work. Newerine as part of the measures johnson announced a all shops selliling nonesntntial gos such as electronics will be shot. Librar