A Russian Court sentence is a former American Marine to 16 years for spying after a trial the u. S. Branded a mockery of justice. Barbrbara the World Health Organization has delivered fresh warnings about a possible second wave of the coronavirus. 100,000 new infections reported almost every day. In beijing is a concern to the who. More than 100 infections have been confirmed after 50 days without a new case. In india, 50 Million People will be locked down again in the city of chennai from friday after a surge of infections there. It took more than two months for the first 100,000 cases to be reported. For the past two weeks, more than 100,000 new cases have been reported almost every single day. Cases come from 10 countries, mostly in the americas and south asia. Countries must stay alert to the possibility of resurgence. Barbara that warning comes as countries across europe reopened their land borders. Openedd restaurants have in france. Nonessential shops have opened in the u. K. Fo
Restaurants will reopen. Reasked the bay area townties if they plan to join in with phase two, including dinehad in at restaurants. So far, none of them have decided. Better but still not ready for business. That is what dr. Cotdy says about santa clara county. The chief Health Officer for the county. Today, she told a board of supervisors the number of cases is decreases. They are plenty of capacity within hospitals. She noted while case numbers are increasing, they doing so at a very slow rate. She says the county is not ready to reopen. I see the same conditions we had in march so that if we did ease up, we could see a brisk return of faces, hospitalizations and a brisk return of deaths. You can track the latest numbers from santa clara on the web sigh. Click on the coronavirus cases in the top of the bar p. A troubling side effect of the pandemic, they are caught days and hours later. Melissa colorado is behind what is behind the troubling pat tim tern. We are seeing a pattern. And
Of the coronavirus, the slow sometimes bumpy reopenings across the country, to say nothing of the protest and a lot of people on wall street say hey you arent jiving with whats happening on main street and then low and behold we get this stunning jobs report that changes the equation and has people thinking that you know what . Maybe the markets have been right all along as they again tease record territory, virtual ly all of the s p 500 sectors are advancing right now, and the rate on a long bond here a 10 year note as is better known, man oh, man thats practically hyper inflation. Were just around 1 ,. 93 who would have thought a year ago if i were to give you a quote like that that id say it is rocket ing backwards, but it is, especially from where we were, not too many weeks ago remember we were darn near 0 they were talking about negative rates. Were not out of that mathematical woods here but it does change the overall sense of where were going with this market. Jackie deangelis
We have three markets. Maybe even more. After a day where the dow advanced 39 points, s p declined. 05 , nasdaq did one point, i want you to forget about the averages for a second or a week or a year or until the end of the pandemic. Thanks to the onslaught of the coronavirus, something that no ones ever seen, were seeing Something Else thats incredible not just the complete untethering of main street from wall street, but the disentangling of even small publicly traded companies and medium size ones from the big dogs that have it easy and can handle this hellatious moment. We all know main street isnt wall street. When we get another hideous jobs loss claims number like we did this morning, now were seeing more separation, that is its stunning. In my 40 years of investing, i have never seen anything like what im about to talk about so im going to walk you through what could amount to a destruction of a fair share of American Business that incredibly might not impact much of the stock
Homeless. A hefty todo list. He says Companies Need to prioritize work and developing covid treatment, and a staggered return to work and classrooms. Finally, the state needs to establish criteria for issues a new stay at home order if and when needed. So it is a question everyone has. When will chings get back to normal . A lot of people hoped the governor would answer that we today. The new normal will look very different. And nbc bay area lili tan tells us, schools, offices and local businesses. Now, as students head through the doors next fall, they could be going in at different times, having lunch at different times, whatever they need to. But for businesses, things can change more drastically, that is f they are still here to change them. When californias stay at home orderers are finally lifted, what we knew of normal life is likely to did a discan substantiate dream. And we we have a vaccine. Reporter today, Governor Newsom refusing to give a date. But what the new normal look