County will join the rest of the bay area on friday as the bay area begins the next step there are still more than 11,000 confirmed coronavirus cases and 390 deaths here are the latest numbers broken down by county, sam, a tail San Francisco, marin sonoma and napa counties have all reported new cases today, but no new deaths have been reported in the last 24 hours. For a complete list of local covid19 cases head over to our website kron 4 dot com at least for now most bay area jurisdictions will follow the same guidelines in terms of slowly winding down the stay at home orders and reopening the economy the last area holdout on opening the door to face to Santa Clara County. But word on that changed today kron fours justine waltman live in our newsroom right now with more just a. While panels of the countys move forward Santa Clara County Health Officials said that there were no plans to ease restrictions but that changed today. And it will now allow Small Retail Stores to offer Curbsid
Expected to make 4 billion in this current quarter, they will plow most if not all of their money right back into the business on what are being called covid expenses. Typically this company gets a case they ares not, probably because this case far the stock went too too fast, so giving a lot of that back. Far, too fast, tesla had been a double, but down about 11 . Down aboutlook 11 but it ceo gave it a push. Abigail i would agree on that, it is hard to interpret these tweets. Elon musk tweeted saying that the stock is too high in his opinion. He also put out a couple other tweets saying that he is selling many of his physical possessions including not owning a house, get people back the freedom. It is he is known for shooting off the cup in terms of treating, so it is hard to know how serious he is. M a valuation stand for standpoint, the stock is too expensive, 31 times enterprise value, and the chart, this chart is caught in what could be a double pop. If this were to confirm, and t
Well as in london. We begin with a biggie week a busy week for Central Banks. Bank of japan says they will take on unlimited buying of Government Bonds, lifting the cap also on corporate holdings. I, he joins us now. , kitchen sink, we are still throwing it. Michael Central Banks are all as string the question of what you do when you have throwing the kitchen sink. In the back of japans case, you just make the sink a little bigger. The bank of japan already has negative rates, Corporate Bond and etf buying, and an emergency Lending Program, so they just decided to make those programs a bit bigger. Unchanged at rate 10 basis points. Remember, they do yield curve control. They mentioned they would buy as many Corporate Bonds as they need to and expanding access to its Emergency Loan Program for a wider range of banks. For analysts, theres a bit less here than meets the eye. They dropped their ¥80 trillion limit on Government Bond buying, but they werent buying anywhere trillion, so it d
A surprisenk posts profit after saying it made below the ratio target. The ceo joins us, dont this it. Dont miss it. Manus a little bit later on, joining us at 7 30 a. M. That isravity defying, the word used. You look at the numbers. Of 66 million, and revenue comes in at 6. 4 billion, beating the number of 5. 7. Undoubtedly, those are good numbers. They do warn that we might have a little bit of a problem. Nejra of course, we will get the full details scheduled for april 29. I do wonder why they said they may modestly and temporarily dip cet1 the target for the ratio. Otherwise, markets very much focused on the gradual reopening of economies around the world. You had a report from the who over the weekend saying that if you get coronavirus, it might not make you immune to new infections. He wonder if the market might be underestimating the prospect of early opening. In japan, after what we heard from the boj overnight. U. S. And european futures powerfully higher. We did see some gree
The bloomberg terminal back to work. Italy starts seeing its lockdown ease, france follow suit. Boris johnson returns to his post today. Adidas revenue slumps 19 in the First Quarter, but bayer catches oost with adjusted epic. Ebita. Surprise. Ish Deutsche Bank says that expects to post a profit for the First Quarter, but as it is unlikely to meet its leverage ratio in 2020. We are just under an hour away from the start of cash equity trading in europe. Let us take a look at futures as they trade across europe this morning. Looking at gains on futures of 2. 3 for the euro stoxx 50 bluechip european benchmark index. Ftse futures up 1. 5 . They have risen a full percent in the last hour. Dax futures are also up. In terms of the u. S. We see 1 gains across the major equity indexes in terms of futures. S p futures, dow jones, and nasdaq futures. Let us get the bloomberg first word news. In place a plan to start easing lockdown measures on may 4. Manufacturing and construction set to restar