Right dave thanks a lot. We begin with developing news in the east bay this morning where police are investigating an overnight officer involved shooting. Kron fours reyna harvey is live now she has the latest for us rain a good morning. Marty good morning, im standing in the area where that elias took place. This is off of shattuck here in we put the map together as you can see what area. This all covers you can see a few stores, theres a cvs year theres the safeway there are also some mom and pop shops. So a very busy intersection here now a officer in the area witnessed a theft taking place. Involving multiple people and so the officer intervene tried to detain the people that were involved in that theft and thats when the officer into law shooting happened now according to the investigation. They did not discover anyone who had been shot as a result of this elias, but we do know that that officer that was involved was injured and suffered a foot injury and had to be taken to the ho
In berkeley investigating an officerinvolved shooting overnight. It happened at a cvs store on shattuck avenue the officer was injured during that confrontation. The officer was patrolling the area when they noticed a theft in progress involving multiple people. The officer tried to detain those people and there was a confrontation. Then the officer opened fire still not clear what caused the officer to use their gun. The officer suffered an injury to their foot and was taken to the hospital. No word yet on the condition of the officer, but that officer has been placed on administrative leave pending the investigation. And some breaking news from overnight. One person had to be rescued from a fire in San Francisco. Youre taking a look at video this morning from the citizen app that was posted by the San Francisco fire department. The fire started about 2 oclock this morning on powell street in the citys north beach neighborhood. Firefighters also had to rescue a dog and the person who
Worker training. What is the best way for americans to help themselves cruise lines say theyre the safest place to travel while on the pandemic but is it the safest place for your cash . All that and more on making money. Charles folks, markets moving gingerly but positive this after a highpowered rally spun out of control yesterday t was led by tesla which by the way is in the midst of one of the greatest runs in the market and helping nasdaq up eight out of 11 weeks. Since may 1st, the index as of friday was up 23 this week, riding the coattails of musk and tesla. Finally tesla was moving a little too fast yesterday t spun out out of control. It triggered selling of hot stocks. That coupled with the news of california shutting down businesses everything sort of spun out of control. Along the Way Investors shocked by junes budget deficit, 861 billion in one month. On that note, higher cpi reading prescient for todays trading maybe the fed may be more accommodative. There is a lot goin
Los angeles is closed. The employees have just said no. And the Magic Kingdom in disney world, they are attempting to open it, even with the virus in florida. When i am looking at the markets, without question, is the derisking going on . The u. S. Yields have really come in in the last 48 hours. Francine you reminded me in the last hour, there was a big move on u. K. Guild. Lets get to first word news with ritika gupta. Ritika good morning the coronavirus milestone keep piling up in the u. S. The number of new cases has climbed over 60,000 in one day for the first time, and texas, california, and florida, all with a Record Number of deaths. In new york city, large events that require permits like street fairs have been canceled through the end of september. The u. S. Is set to take the next step in a response over taxes on technology giants. Bloomberg learned the u. S. Will impose tariffs on up to 700 million in french goods including wine, cheese, and handbags. The duties would be de
Miami is extraordinary. Francine it is. What we are seeing in the u. K. , ester 10 daysc ago. It seems authorities have a better handling to track and lockdown onng this this city instead of everything. Very different in the u. S. Where cases and deaths are rising and at record highs. Tom amazing to see the acceleration in the death rate in some of these states. For our international audience, it is in america, riveted by this virus. Ritika morning. Coronavirus milestones climbing in the u. S. , new cases climbed over 60,000 in one day for the first time. Florida,lifornia, Record Number of deaths. New york city events requiring permits have been canceled through september. The u. S. Is set to take the next step in a battle with france over taxes on technology giants. The u. S. Will impose tariffs on 700 million in french goods including wine, cheese and handbags. Biden has laid out a plan that will make americas economy better than it was before, he says. To boostdate wants manufacturi