And clothes and cars and houses. Who gives it to them . Does someone else give to them . Coming up, how the owner of the clippers defended his relationship with his African American players. Were live in fremont, where unsuspecting drivers are being shot at with a pellet gun. Well tell you when it is happening and what police are doing about it. And just hours from right now, a Bay Area Hospital is scheduled to shut down. The patient who might not be alive this morning if the hospital had closed last night as originally planned. Mornings on 2 begins right now. Were live in richmond where a search is underway for the pilot of a small plane that was involved in a midair collision and crashed into the bay. Ktvus alex savidge is has been on the scene since 4 30 this morning as were taking pictures from newschopper2. In two minutes, alex will tell us what the coast guard is able to do now that the sun has come up and we have new information about what may have caused that midair collision.
Why are some drug prices so high and what can and should be done about it . All that on thursday may 22 for nightly business report. Good evening, everyone, a big surprise from hewlettpackard today. But not a pleasant one. It accidentally released its Second Quarter earnings about an hour early while the markets were still open. The report was scheduled to come out after the closing bell. Well, investors were puzzled by the change, disappointed in the results and it didnt help the shares either. The worlds biggest computer maker continues to struggle to stay relevant in the world of mobile devices and cloud storage, it is no wonder they announced more job cuts for a total of 50,000 employees getting the axe. For the earnings, 88 cents a share in line with analysts estimates, revenue continued to decline and then and thenarrowl forecasts, shares fell slightly in late trading after sliding 2 and a half percent during todays session. Now, more on hewlettpackards results and the one big ta
So to give you a sense of why that really diminishes the incentives, if you think about an aco increasing spending during a Contract Period, medicare shared savings program, aco for example that isnt facing any Downside Risk, they are penalized for doing that. And it increases their benchmark for the following Contract Period and then they can receive a shared savings bonus for doing nothing. Under the pioneer program, they are penalized for doing more, but again theres that offsetting effect by the benchmark going up and the subsequent Contract Period, so for pioneer acos the incentives are more akin to fee for service with a lag. Then, thinking about the fixed costs of investing in systems to actually control spending, the rebasing is that much more of a problem because it may be hard for acos to recoup their investments of investing in the right systems. So that is one challenge. And i know sean and his team is working hard on a revamped proposed rule for the shared savings program.
Americans are made miserable. They are stuck at home and fearful and millions of them dont have jobs. The number of people who believe our country is headed in the right direction has dropped off a cliff. Not coincidentally, thats when a strange virus from china began to spread among our population. The rise of covid19 in the United States tracks almost precisely the decline of top Donald Trumps approval numbers in the political lesson from this is clear. The more damage that coronavirus does to america, the harder it is for the president to get reelection. Thats not speculation, left the most certain fact in american politics. Every democratic officeholder understands that. If the population remains terrified, democrats will have more power in january. So the Democratic Party has every incentive to keep americans afraid and off balance and for the next 97 days they plan to do that. That is their entire campaign strategy, the only thing they are running on. Yesterday the news site brei
Theyre afraid theyre going to get covid. Theyre afraid theyre going to get sick and die. Well, tomorrow President Trump is heading to kenosha, wisconsin, despite pleas from the states governor to stay away, warning the president s mere presence will only cause more unrest there. President trump on twitter meanwhile is fanning the flames, attempting to make law and order his Central Campaign message and tweeting the only way to stop violence in socalled crimeinfested cities is with strength, as cnns Jeremy Diamond reports. Reporter ignoring pleas from state and local officials, President Trump is bupushing ahd with plans to visit kenosha, wisconsin, on tuesday, turning the epicenter of the Racial Justice moment into a backdrop for his law and order message. The president wants to visit hurting americans. Highlighting that the federal government has done a lot in the way of using law and order to create peace but showing up for hurting americans is the primary concern. Reporter but those