Close in 2020. Big day yesterday. Autonomous chaos meanwhile. Seattle looking to dismantle the capitol hill occupied protests as new one pops up in washington, d. C. Plus, back to the ball game, Major League Baseball looks to assure season this year but the players still need to get on board. More on sports talk, stay with us next hour tennis pro joining me live to talk about future of u. S. Open and new bourbon venture. We will talk with one ceo who kept employees on the payroll and bringing new ones on, mornings with maria is live right now. Maria european markets are seeing uptick this morning. The ftse 100 up 65, cac quarante in paris up 72 and dax index in germany high by 76. In asia green across the board. The japanese nikkei average overnight up half of 1 . Now the top stories that we are watching this morning. Major unrest on nations capitol as protestors attempt to create what they are calling a black house autonomous zone right outside of the white house with large garbage ca
I wanted to point to the mexican peso. Has not moved much today but we are keeping an eye on the earthquake that struck the country. Now lets get a status report on the credit markets. 13 u. S. Companies sought bankruptcy parks section protection last week. It comes even with the intervention of the fed which has injected liquidity across the markets and given borrowers. For more insight, lets bring in srikanth sankaran. The last time we spoke, we were already seeing a calming in the credit markets. Where do we go from here now that the fed has backstopped entire curve in the credit market . Srikanth our thesis over the next 12 months is we get a grind tighter with respect to spreads. Our call is for credit markets to deliver positive exit returns across investmentgrade and highyield markets. Effectively, you want to be more selective, but at the end of the day, this is an environment where you have to look at rerisking portfolios in times of weakness rather than missing out when the m
You can save by using a fan to cool off. Unplugging and turning off devices when not in use. Or closing your shades during the day. Stay well and keep it golden. The search is on for this woman, accused of intentionally coughing on a baby at a store in the south bay. Oakland educators rallying on monday to do away with the Oakland Unified School Districts Police department. President trumps executive order banned some workers from the United States, impact it could have in siliconell how hot its getting and where the advisories are in affect. Building a better bay for a safe and security future. This is abc7cops. Teachers joined others to protest police in schools. They are urging the board to pass a measure that could eliminate the Schools Police department. Abc7 newss reporter j. R. Stone has the story. We are no longer asking for anything. We are demanding it and taking it. Police have to go. Reporter principals parents and educators took to the streets on foot and in cars. To make
Without support bankruptcy in the next few days the fate of germanys Largest Airline rests in the hands of its shareholders we breakdown new founds a bumpy ride apple is also looking to switch to self sustainability as it plans to ditch intel chips in favor of it so we dig into the details of the move and the latest innovations from the tech giant with a packed show today so lets go into it right in. And we begin with the big news from the Airline Industry as weve peers set to receive a 10000000000. 00 bailout from the German Government now this bailout package had been held up for several weeks as the airlines largest single shareholder drop his opposition that shareholder billionaire businessman herman thiel had been threatening to block the deal as recently as last month his opposition though has faded as has found itself in a dire situation. The airline lost 10300000000. 00 in the 1st quarter of this year at the companys Shareholder Meeting on thursday lou lou thousands of board ch
More than 6000 cases for the same time yesterday. 5500 deaths and our state alone and in the bay area it has surpassed 20,000 in the bay area has seen 537 deaths. East bay officials monitoring an outbreak in concord. 13 residents have died of suspected or confirmed coronavirus infections. Officials have not said when the residents have died. So far more than 2200 Nursing Homes in california have died from covid19. The government Top Health Officials on capitol hill testifying before congress about the coronavirus. Dr. Anthony fauci along with the head of the cdc and fda officials and giving lawmakers an update. He remains cautiously optimistic that a vaccine will be ready and is concerned about the number of spikes as test continue to be positive and reopen. We are seeing a disturbing surge of infections. One of the things is an increase of community spread. Im quite concerned about that. Right now the next couple of weeks will be critical and our in our ability to address those urging