Wind cranking up all night. The sun will pop out later. Everybody says cloudy. 64 in santa rosa. Theres a dip in the jet stream. That equals cooler temperatures today from everywhere. Livermore will be 75. I would like to start with the east bay commute and show you what we have. This is the time when things get a little more severe for some commutes. In fact, lets see if i can dial up the bay bridge. I dont know if i can. The bay bridge toll plaza commute is backed up all the way out to the macarthur maze. The metering lights are on and many people wonder why its slow here. My answer is that a lot of people would normally be taking this is a look at interstate 880 in oakland. That traffic seems light and major delays into downtown. An hours long standoff in san jose with a man at the Santa Clara County jail is over now after he surrendered peacefully. What we have learned over the past few hours. Reporter good morning. We know the Santa Clara Countys Sheriffs Office will start a News
Actions taken on pandemic and how money is being spent today. Getting america back to work today, larry kudlow will join me today at 8 30 a. M. Eastern live on the reopening of American Economy and rebound hes expecting and what if any additional stimulus is needed. We will also get into china. Turn into markets this morning. Futures are turning direction this morning. We are expecting weak opening this morning for stock prices, s p futures down 10 and nasdaq futures lower by 12 this after positive news from moderna on vaccine trial help fuel strong rally for stocks. Dow industrials up 911 points yesterday almost 4 . The nasdaq was up 220 points and s p was up 90 all the major indices up 2 and a half and 3 and a half percent. A closer look at the Pandemic Impact on retail this morning, this morning we will get walmart, hem depo who remained open reporting earnings. More stores and malls are reopening even in the face of bankruptcy elsewhere. Who would be held responsible . Attorney gen
Sense of placing the failed by the gallon g. s of the right and left the judges from new york sank to joining a story you recently wrote you said that cutting red tape in health care has unleashed waves of energy and ingenuity to deal with this in 19 yeah you saying were doing well with this well we did really poorly at the beginning i mean there are a lot of theres going to be report after all over talking about how badly the bureaucratic framework were leaders not taking is just a sleep but in the last 2 or 3 weeks youve got a great job and the key to that was throwing away the rule books through it all through books i mean not none of what theyre doing in tipperary hospitals doctors and nurses or other states that we tell of medicine for everyone else none of thats legal under the old law the rules prohibit all of it. As the president. Then up to the job in your opinion. Not to be giving certainly not i mean again in the last 3 weeks i think theres been a lot of effort good effort b
I mean again in the last 3 weeks i think theres been a lot of effort good effort by everybody including the president you say that at the end of all this said needs to be a temporary Recovery Authority what would that authority do well it would it would waive rules that get in the way people getting back to work and would u. S. Ranks 55th in the world in the ease of starting a business just ahead of niger in just behind afghanistan i mean did it take you have to go to 10 different agencies to get a permit to start something thats ridiculous you also said so this this Temple Grandin at were an act that. If the temporary Recovery Authority would. Would have the authority to wit if rules it would require allow require and allow states to for example create a one stop shop for new businesses it would streamline infrastructure permits so we could get infrastructure jobs going it would waive the thousands of rules that govern Public Schools that would make it hard for people to get schools b
If the temporary Recovery Authority would. Would have the authority to wind of rules that would require allow require and allow states to for example create one stop shop for new businesses it would streamline if you thought through permits so we could get infrastructure jobs going it would waive the thousands of rules that govern Public Schools that would make it hard for people to get schools back up and running and you know you could you describe this as an economic call up your lab raid on the. Yeah i mean its unprecedented even in times of war we havent been disabled from moving out of our homes mean this is a situation where. Where businesses that dont serve the public thinks keep going but the businesses that do serve the public which is probably 25 percent or more of the economy. You know restaurants and all kinds of Service Organizations have all had to close down this is extraordinary its its an unprecedented economic. Sort of. A bank where people are not allowed to work and