Is not doing enough to comply with the new ordinance required homeless residents to be placed into bank and hotel rooms. There are now more than 60,000 confirmed cases of coronavirus here in california. Unfortunately, 95 more people died yesterday. Bringing the number of deaths statewide 2 2400. The number of people in hospitals, and intensive care units is down slightly from yesterday. And over 809,000 californians have now been tested for the virus. Governor newsom today, announced the expansion of work ins compensation benectors of ion is. Intended so that people go back to work, and contract the virus. They can worry less about staying at home. The worst thing we can do is have a worker that has tested positive but doesnt want to tell anybody. And can spread the disease, because he or she cant afford not to work. More workplaces and businesses will begin reopening across the state on friday, under what is being called stage two of the safety and hygiene protocols. Governor newsom s
Powers. Protesters there angry at whitmers decision to extend the states stayathome orders until the middle of next month. Meanwhile, in states like georgia the governor there allowing gyms, hair salons, that to too parlors and some other tattoo parlors and some other nonessential buzzes to reopen businesses to reopen. A number of virusrelated elements to report to you. We begin with the death toll in this country. The chinese coronavirus has now killed more than 50,000 americans and infected almost 900,000 nationwide. More federal help is on the way for Small Business and their workers, and more money for hospitals and testing. President trump has just signed that mammoth 484 billion relief package that will give more Financial Support to struggling Small Businesses across america. The relief package provides 310 billion for the Paycheck Protection Program, 60 billion for disaster loans, 75 billion for hospitals, 25 billion for more testing. During todays signing event the oval office
Powers. Protesters there angry at whitmers decision to extend the states stayathome orders until the middle of next month. Meanwhile, in states like georgia the governor there allowing gyms, hair salons, that to too parlors and some other tattoo parlors and some other nonessential buzzes to reopen businesses to reopen. A number of virusrelated elements to report to you. We begin with the death toll in this country. The chinese coronavirus has now killed more than 50,000 americans and infected almost 900,000 nationwide. More federal help is on the way for Small Business and their workers, and more money for hospitals and testing. President trump has just signed that mammoth 484 billion relief package that will give more Financial Support to struggling Small Businesses across america. The relief package provides 310 billion for the Paycheck Protection Program, 60 billion for disaster loans, 75 billion for hospitals, 25 billion for more testing. During todays signing event the oval office
Being prepared and overcoming challenges. Usaa has been standing with them for nearly a hundred years. And well be here to serve you for a hundred more. Is positively to do the new test site that Christopher High School in the town of gilroy. We have to have these type of services throughout the county. Only then will we be able to reopen our businesses. For now the Testing Capacity at the new site is limited to 132 people at each site per day. That is why they are prioritizing who can get tested first they are starting with people who worked at who work at Skilled Nursing facilities, First Responders and healthcare workers and anyone with symptoms of tenderloin housing clinic. Eventually they want to expand the testing to more people. We are trying to get enough tests so everybody can be tested. The importance of that is as people slowly start to get back to work we want to make sure that people know that they are healthy and they know that if they are not we can more quickly follow u
Look, any way you take it, employment in april was a disaster. We are looking at an Unemployment Rate that is likely approaching 20 . We get those numbers, the unemployment numbers for the whole country, next friday. However, got to tell you the backtowork movement is really gathering steam. States across the nation are modifying their stayathome rules. Businesses are reopening. Oklahoma reopens some businesses tomorrow. California will allow some elective surgery. This, however, is receiving mixed messages. President trump says georgia is reopening too soon. He says he strongly disagrees with georgias decision. However, he will still leave it up to the states. Heres a positive. The Field Hospital built specially for virus patients in houston, texas, may be dismantled, not needed, underused. Lets get to the markets. First im dealing with oil. Look at this. Moving back up again in price. 16. 71 is the production price right now, but production is being scaled back very very sharply. Sup