Programs for people who are out of work or sick because of the coronavirus. Uber and lyft drivers are taking action in court. They want a judge to give them paid sick leave. Good morning, jobina. Now the San Francisco chronicle reporting drivers for uber and lyft want a judge to pay them sick leave and this is as employees and not contractors. This will protect not only their customers from the vircoronavir because many feel they cant stay home right now. Work is super slow. I was waiting on sfo because im an uber and lyft driver. Five hours. I can show you. Five hours i just got someone in five hours and put them on bay street and i got 24 in five hours. Its really awful to hear. The Ride Hailing Companies classify their drivers as independent contractors. They arent eligible for the benefit state law requires for employees. Lawyers made filings in San Francisco Supreme Court yesterday and both are asking for hearings on thursday morning. Reggie. Thanks, jobina. This morning when a lo
Maria and we kick it off with Global Markets lets taken a look at european indices a selloff there as well. S p 200 down 250 points right now and paris down 165 and dax index in germany lower by 362. The European Union announcing the closing of its borders for 30 days to slow spread of coronavirus. In asia is overnight markets started with early rally on heels of wall street rally but then reverse course to finish in the red. Take a look at these numbers you have all of the major down better than 4 as you can see, the nikkei and japan and shanghai and composite 1. 8 and then theres oil. Oil prices tumbling touches levels not seen since 2003. As price of oil between russia and saudi arabia wages on demand is dropping oil prices right now at 25. 40 a barrel havent seen those numbs in quite some time. Check treasuries and yields right now on tenure treasury rising this morning once again, it is back above 1 . Tenure now sitting at 1. 8 that is up ten and a half basis points. The coronavir
The s p 500 down deep in the red down 5 . Fox Business Team coverage. Blake burman is at the white house where the president is currently meeting with nurses on the pandemic. Kristina partsinevelos on the floor of the New York Stock Exchange. And chad pergram is on capitol hill. Were going to start with blake. Reporter hi, there, we had known for about a day now that the Trump Administration had been potentially eyeballing a trillion dollar stimulus package, bailout package, whatever you want to call it. Now we know what they are thinking of, how that trillion dollars might be divvied out. According to a Treasury Department document 50 billion would go towards the airlines. 150 billion would be in loans to critical sectors of the economy or what is deemed as critical sectors of the economy. On top of that, there would be 300 billion in Small Business loan guarantees, and, there would be 500 billion in direct payments to americans. Half on april 6th. Half six weeks after that, on may 18
Enter the county. This is bulls and bears. I am david asman, a fourth unprecedented halt to trading today, after s p 500 plunged 7 that happen during the Task Force Briefing this afternoon, we go to Kristina Partsinevelos at New York Stock Exchange. We got word that they will close the trading floor, wonder how traders feel about that. Reporter a lot of people surprised, you find out via media, there was app emai an el that circulated after market closed had. , saying two people tested positive for covid19. Since monday we have screening here at New York Stock Exchange, they take your temperature, on your forehead, a floor trader that tested positive was caught on the front e entrance, they he not been on the floor this week. I can not confirm they were not on the floor last week, that is a big question mark. And supposedly someone else in the building tested positive, wire goin go were going all electronic as of monday, note tomorrow could not friday, but as of monday. The big questio
Accomplishes by considering many factors including the words in your question the content of pages the expertise of sources and your language and location recently we introduce you to activist merriam had 9 who spoke of google manipulating search results at the expense of alternative Health Information and while googles Parent Company itself has pharmaceutical subsidiaries if you missed that show you can find it where youll find all our shows at youtube dot com slash the big picture r. T. And merriam introduced us to a former Google Software engineer who says there are other ingredients in the secret sauce they were intending to sculpt the information landscape so that they could create their own version of what was objective lee true that for hes worked at google for 11 years he was a senior Software Engineer until he discovered what he called. So there are 2 official intelligence censorship weapons sack welcome to the big picture. Good to be on here thank you for having me on when th