We kick it off with blake and the latest from the mt. Reporter melissa and connell, President Trump has threatened to pull federal funding from schools should they not fully reopen in the coming weeks. The president would not go that far when he was asked about the situation out in los angeles and san diego, breaking news from this hour, when the president was asked about it moments ago over here at the white house. Los angeles, los angeles the nations second largest public school, there will be Remote Learning to start off the school year. This is part of the reaction from President Trump, watch. We have to open the schools. We have to get them open. I think there is a lot of politics going along. Think i they will do better if they keep the schools closed in the election. I dont think it will help them frankly. They feel that by keeping schools closed that that is a bd thing for the country. Therefore that is good thing for them. Reporter the white house for the most part has spent t
Confirmed cases. The country has extended its state of emergency through may 9. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. In new york, 1 00 6 00 in london, 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to Bloomberg Markets. Here are the top stories we are following from around the world. U. S. Stocks are raising gains from what has been a recovery rally. The s p 500 was up almost 2 but losing ground now on a ft report that gilead, maker of remdesivir, may not be as effective. Jobless claims rising by 4. 4 million last week but a number coming in slightly less than expected. Total job losses now top 26 million in the wake of the coronavirus outbreak. In a few minutes, an exclusive conversation with the former National Economic Council Director gary cohn. You dont want to miss that. Lets get a quick check on the markets. 8 , p 500 is up just giving ba
Affected. President trump is considering a ban to california if the infection remains out of control. The march madness have been cancelled. San franciscos decision to shut all schools is sinking in for tens of thousands of families. Jr, just yesterday the city said it would not close schools. Give us an idea why the change here. Reporter theres certainly are a number of reasons, but they said today they want to be ahead of the curve and the fact they have dealt with four students over the last 24 hours who have some Questionable Health conditions was enough for them to say no school come monday. This is not business as usual. Reporter the superintendent of San Francisco schools announcing a huge decision on thursday to close all schools in the district starting monday. All this due to concerns over the coronavirus. It is likely that we will see many more covid19 cases in the coming weeks and months. This will require a measured sustained response. Reporter 24 hours ago the district wa
A delegation to take a closer look here in not only in the countrys capital but in other cities that have that have taken part in these demonstrations and the different sectors of society that have joined in on the un russe as you mentioned already and in your introduction there are new sectors even now a week and a week since young arrest began were seeing new parts of the of the country that are joining in where you mentioned the Truck Drivers that are holding a strike today that are blocking roads in parts of parts of the country and it is friday so there is an expectation that the protests which are only now starting to convene for friday will be even larger potentially than the ones that weve seen in the past few days now chiles president have a stamp yet assigned signed some social reforms in an effort to calling the unrest regarding pension regarding regarding electricity bills stabilizing the cost of electricity over the course of the next year in 2 into december of next year b
Sunday still very unsettled maybe just some clear skies finally peaking through a pin to shanghai with a high of 22 celsius that we had across towards india nothing talk about this development of a possible Tropical Cyclone it has developed ill come on to that in just a moment meanwhile of course very heavy rains through much of the south and this is actually in bangalore or this is you see the streets here just absolutely a feet deep again in water and the rains a likely to continue across this entire area as well perhaps a little bit lighter because what well see now is this tropical cycle and will actually begin to pull away from the west coast so taking some of that very heavy amount of rain with it bestowed a very wet day saturday morning by 32 celsius is at the High Temperature it stays light that really on sunday the system putting further away but again the rains back in the forecast right there down on into carola. In germanys capital there is a barber like no other sort of pu