Theres a lot of 80s coming in and then were in the warmest temperatures and then concord is 82 and oakland at 79 degrees. Good morning. Right now we do have traffic that is moving along pretty well if youre driving on the commute here. If youre driving to the golden gate bridge, south bound 101 traffic looks very good. As a matter of fact, rook at the picture. I will show it to you here. I do not see the car here. I see the car coming down maybe in the distance. Yeah, pretty light out there. All of this talk about reopening will bring the traffic back, so while the closures are in affect, you can enjoy the conditions. Just do not drive too fast. We have had a lot of serious crashes out there when the roads are wide open. Its 5 01. Lets go back to dave. Thank you. The governor explained for what its going take to lift the stay at home order in california and even afterwards, life will not go back to business as usual especially when it comes to schools. Ktvus sarah is working from home
More protection, the ecb tweaks policy. The economy ravaged by the coronavirus. Ftse futures point lower, and much of europe is closed but we will see trading in london. Apital is coming apollo aims to raise 20 billion and several new funds for opportunities in distress and private debt, this after boeing sold 25 billion worth of bonds in the largest offering of the year. Just under one hour away from trading in the equity markets that are open. London notably, and the ftse futures are down this morning. We also see s p futures, dow futures, and nasdaq teachers down. Nasdaq futures down. We know the u. S. Markets will be open as well today. Typically a european holiday. The u. S. Has detonated a different has designated a a different day for that purpose. The notable figure, the first one i see in the First Quarter, 802 Million Pounds versus 86 Million Pounds in the previous year. This is a number we are looking out for a lot of banks during this crisis. Newsrms of other notable from r
Three ayes. Thank you, very much. Madam clerk, do you have any announcements. Due to the covid19 Health Emergency and the public the board legislative chamber and Committee Rooms are closed but members will participate remotely. So the comments will be available for each item on this agenda channel 26 and sfgovtv. Org are streaming the number across the scene. Each speaker will be allowed to speak. Comments or opportunities to speak during the Public Comments period are available via phone call by calling 888 2045984 access code 3501008 and press pound and press pound again. When you are connected, dial 1 and 0 to be added to the cue to speak. You will be lined up in the system in the order you dialed 1 and 0. While you are waiting, the system will be silent. The system will notify you when you are in line and waiting and all callers will remain on the line until its open. Everyone must account the delay and speaking discrepancy between live coverage and screening. Call for a quiet loc
Reopening process going. Look, it does feel that there is a very self confident sense by governors that its time. I think that the president is so oriented towards its time, and the president is soed ed ed eet in having a vaccine by years end, that theres an element of two different worlds here. Theres the real world influenced by the president saying open it up, people want to do it, and the stock world influenced by Warren Buffett who said i sold the airlines because that industry has fundamentally changed. Its a big gulf. Really the largest ive seen amazing. David . Sorry, carl weve been talking about that for weeks. The many phone calls that you or i will have with Business Leaders who are focused on maintaining their liquidity, focused on just being around to fight another day come the end of the year. The many ceos who join us on air who constantly talk about their businesses not coming back to the levels they were prior to the virus for maybe two or three years. Now they may be
Him. And saving fashion. Only on cbs this morning, there she is, anna wintour explains an effort to save an industry facing global devastation. But first, heres todays eye opener. Your world in 90 seconds. We may may be reaching the point where the impact of the coronavirus is beginning to level off. The death toll from the pandemic continues to rise. Even as there are signs the spread of the virus is slowing. The mitigation weve been doing is having a positive effect but you dont see it until weeks later. Another really ugly week. 6,600,000 jobless claims. This is a savage number. And this is probably still an underestimate of what the unemployment situation is. Big news from campaign 2020. Joe biden is now the Presumptive Democratic nominee after senator Bernie Sanders announced the end of his campaign. Before you made this announcement, did anyone notify larry david . Tyler perry teamed up with wynn dixie to pay the grocery bills for dozens of grocery customers. The Series Finale of