Picture here. Dow jones industrials down 66, s p lower up, actually, by 5, the nasdaq is a bit higher, and stronger, up by 90 points. Its no wonder that traders are having a tough time deciding which direction to go, green or red. The Paycheck Protection Program just ran out of cash a few hours ago. Gone. Former ubs chairman robert wolf and round out savings bank ceo Sheryl Bowers weigh in on what happens to businesses at the back of the rescue fund line. What if they need the money still and whats going to happen to them . The number is staggering. 22 million americans now on the unemployment line as the workfromhome environment hits a major speed bump. The ceo of virtual headhunter upward is here on the new challenges of helping people find remote jobs as more and more companies let them loose. And the Hotel Industry was really among the first to be absolutely hammered by the coronavirus crisis. Strong leadership in troubled times is a premium but Remington Hotels just got a new ceo
The total deaths there to 10. Now those numbers will continue to rise as more people get tested. And there is a new facility opening the east bay to make that easier. Starting tomorrow, the first cityrun covid19 testing facility in the bay area is opening in hayward. Lets go to nbc bay areas lili tan. She is live in hayward at the facility. Lili, who is this for . Reporter well, it is free and open to the public, garvin. Anybody can come here, but people want to make sure that they actually suspect theyve been exposed to the virus. They dont need a doctors note to get into tent number 1 to be screened. But to get into next door, to tent number 2 just to the right, to get the actual covid19 test, youll need to be showing symptoms. Thats fever, cough, shortness of breath, and other respiratory symptoms. Only then will you get the test, which includes swabbing your nasal cavities and throat. For community member, if you are showing symptoms of the illness, regardless of income, immigratio
Branson is flying medical with many events cance supplies to the bay area. His son had high hopes to but we begin with disappointed compete in fencing. Now with more time train, it athletes as the Pandemic Forces will be more meaningful. If we can defeat this the cancellation of the 2020 pandemic that is happening right now, and then come together in a celebration of sport afterwards in the summer olympics. Ktvus azenith smith, you olympics, it will be a true talked to a bay area olympic testament to that olympic spirit. Hopeful. Reporter the olympics have. The games was scheduled for been cancked before during war. Athletes say this was the only option. July 24, the date for the olympics are not yet known. Definitely hard news to think about. Something so special for me and only sometime next year. All athletes. Azenith smith, ktvu fox 2 news. Governor gavin newsom said reporter he is on the u. S. Olympic table tennis team. More aid is on the way to california, including a shipment of
Senate. Were monitoring a anomaly happened in the markets here. You heard about negative Interest Rates abroad. That is almost Standard Operating Procedure particularly if europe. We have them here, yield on one month bill, three month bill, below zero percent. You effectively paying the bank for the honor of holding your dough. It is an anomaly. It worry as lot of folks who seem to think if this become as more established trend it could be a real problem. This, sort of statistical quirk is something were following because it is just limited to really the shortest and most immediate side of the socalled yield curve. It has not hit anything north of the one year and 10year, stuff that we follow closely. But it its something that has now happened for the first time in American History but if the stock market is worried about it, again as i stress, it has a funny way of showing it. Back to capitol hill. Well be monitoring that. Also monitoring what is happening on the floor of the senate
Thank you very much for joining us after days of denials iran has admitted its military shot down a ukrainian passenger jet by accident killing all 176 people on board but ukraines president says quote for admission of guilt and an official apology us still required the plane crash only after takeoff from tehran on wednesday after iran 5 missiles saw getting u. S. Forces based in iraq we begin our coverage with this report from catch and opus haya. Iran has admitted its military unintentionally shot down the street crimi in plain killing all 176 people on board president Hassan Rouhani has described it as a great tragedy and unforgivable mistake irans foreign minister to votes the reef express his condolences human error he wrote at a time of crisis caused by us adventurism lead to disaster. This i say to readiness the fact that everybody is expecting some sort of retaliation from the us that some low level operator sitting in a missile battery ole miss its all blip and launched a miss