The system . Michael no. He repeated that comment today as his parts of efforts to Tell Congress they need to do more in terms of lending programs, more in terms of fiscal support. Strategy oferall letting inflation run hot or is designed over the longterm to try to help by not cutting off credit to the economy when it starts to reach the lower levels , when Economic Growth starts to help the people he was talking about, which is what they did in the last expansion. Where theill take a long tipecd first 300 billion 300 Million Dollars will go. Andlked with their chairman ceo, brian moynihan, about that program. We have a billion dollars across 1 billion across those programs. One is entrepreneurship, one is educations and job creation, and another is health. You have the healthcare crisis, which affected these communities more than other communities, and that has been statistically proven. We have been doing a lot. Recently, we announced 25 million would go in nearterm health and issue
Crisis. I think its a good thing for us, you know, this quarantine, all of us not working. Reporter but its not good for marathon petroleum, as it announced its shutting down its massive martinez refinery, a process that takes about a week. The company said its grant to shut down on sunday because of a 60 drop in demand for gasoline brought on by the coronavirus, and californias shelter in place order. This is are a really unprecedented event that the refineries, i think, are scrambling to respond to. Reporter uc burke berkeley studies the industry and called marathon a major producer. It can process 161,000 barrels of crude oil per day and employees about 740 people. But with wholesale prices dropping, it no longer makes economic sense to keep the refinery running. Theres just way too much gasoline being produced, and the refineries have no place to put it. So somebody was going to have to stop producing, and it looks like the marathon refinery is the first one in the bay area to actu
Tonight how candidates hope to win over voters in the bay area. And california lobster fishermen are suddenly struggling. Why they say the coronavirus is to blame. Now at 11 00 and streaming on cbsn bay area, a beloved San Francisco pizza restaurant robbed in broad daylight. Good evening, im elizabeth cook. And im ken bastida. The suspect caught red handed on video. Kpix 5s Andrea Nakano in knob hill with how the crime has shaken a small family business. Reporter the robbery happened right here at this restaurant called the knob hill pizza and schwarma. The owner said he couldnt believe how calm and calculated the robber was entering the store. He took the money and ran away, this is crazy. Reporter this is Surveillance Video that caught the suspect red handed. It happened just after 4 00 this afternoon. He walked in, saw the employees busy in the back of the restaurant and casually walked up to the restaurant. I dont know if he was a customer or came before, but he knew how to open th
Pritzker. He also addresses increase of Asylum Seekers and migrants into the state and criticized Texas Governor greg abbott for busing migrants to major cities all over the country without warning. This is just under an hour. [applause]■i members and guests, the honorable governor of this great state the honorableb pritsker. [applause]■a [applause] thank you very much. Thank you all very much speaker welch, president harmon, Lieutenant Governor members to have 103rd General Assembly, chief justice tice and, of course, all the members of the supreme guests, the first lady of illinois, my soulmate mk. [appla] and all the people of the great state of illinois, i am so grateful to be here today to deliver my sixth state of the state and budget address. I love my job, i love living in illinois and spendingveworking f our residents in a world seemingly filled with chaos its a privilege to bringing stability and progress. We live in the state thats filled with people decency and here in
Way early this morning and noticed that something wasnt right with, and from that, they realized there was a smell of natural gas, some windows blown out into the rear of the school building. Blown out window at saint Coleman John Newman parish school, thats the damage left behind after explosion happened in the boiler room according to a spokesman for the archdioces of philadelphia. From chopper three, you can see firefighters moving through the first floor of the Catholic Grade School in bryn mawr. Investigators havent determined what caused the explosion. Were told it happened hours before the school day was set to begin. The sixth graders were concerned to hear the reason behind their sudden day off from school. Little scary to hear, because usually dont have anything like that. In a prepared statement the archdioces wrote, quoting officials from peco, have been on site this morning, and the school also has an insurance adjuster present. A Structural Engineer will be be brought int