Around the coast and mile. To state lawmakers have decided not to go forward with legalizing bedding. Bill dodd of napa and given the deadlines for getting a measure on the November Ballot and the challenges have realized they cant get the legislation approved this year but the lawmakers say legalizing Sports Betting could generate 700 million a year. They will try again to get the measure on a future ballot. We welcome you to the nine. Look, everyone is telling garcia they are not gamblers or bettors. When you look at how indepth they are 50 plus Million Dollars you think there would have been a different push. Im saying, thats revenue the state could use in the years down the road. Certainly, mike. Neighborhoods are getting creative trying to find its way out of this deep financial hole caused by the pandemic and gambling is not for me but it is for someone and they have the pits ability to help our state may be more minds will be open to it, sal. This issue is not going away. It wil
That converted the selloff into a rally. Then came news that European Manufacturing is recovering rapidly from the virus lockdown. That helped the market. Look at it go. The dow is going to be up close to 300 points at the open. The s p, 31. The nasdaq, very solid gain, 70 points. Now, heres another reason for the rally. Big tech, it continues its run. You are looking at premarket prices for apple, microsoft, facebook and netflix, amongst others, all four hit record highs monday. The big tech surge dominates the market. Big tech is pushing higher. Investors this morning ignoring scenes like this. Chaos in d. C. Last night. Right outside the white house, demonstrators vandalized a church, they tried to pull down the statue of Andrew Jackson and they also tried to establish their own seattlelike autonomous zone. This is happening in our Nations Capital right in the center of government. The president s had something to say about this. He obviously doesnt like it. But no word yet from joe
Beethoven is for us. The beethoven is for the 1st beethoven 2020 of the 250th anniversary year on. The u. S. Shuts the door on new Foreign Workers now some of americas Biggest Companies are complaining that a president ial order to pereira lee suspending new employment visas will cost them top talent. Also on the show times were already tough for Small Businesses in argentina the pandemic has made them unbearable. This is your Business Report im Stephen Beers in berlin its good to have you with us apple google and tesla are among american firms criticizing a new order by President Donald Trump which blocks entry of many new Foreign Workers through years and amazon called the decision to suspend employment visas short sided and the threat to American Global competitiveness c e os of google and apple both said they were disappointed trump claims the order which could block hundreds of thousands of workers will increase u. S. Employment but it follows broader efforts by his administration
The low clouds and fog are not going anywhere, they do retreat back to the coastal fog near the coast later. Sunny, breezy for some, not as windy though like it was yesterday. Warm to hot inlets, temperatures anywhere near average. It should be 84 checking in. At 7 00 in the morning, on tuesday. It is mostly good but there is a crowd at the bay bridge which you probably already know if you drive every day, there will be a crowd for you if youre driving to San Francisco, how it ever the producer looking pretty go. Basically vallejo to the macarthur mesa 18 minutes, but then you see a lot of slow traffic here at the toll plaza. This usually last until about 8 30 or so, maybe a little shy of that but let after that it looks okay. No problems in the east bay commute. Southbay commute, sunny weather there and traffic is moving well. 7 01 thats good back to the headlines. California seeing some troubling new numbers as they relate to covid19. As the state is becoming open. Governor governor
Marks on the ground. Restaurants have been open for several weeks now. Sonoma county businesses say that they have brought back many furloughed workers who have been out of a and governor you hanewsom i to hold a press conference at noon. Most of the bay area is holding back, stage three allows higher risk workplaces to resume business again. Well have a live coverage on abc7news. Com. And covid19 hospitalizations have reached the highest point since the start of the pandemic. There are more than 3500 confirmed hospitalizations confirmed saturday. It is possibly due to an increase in california now has more than 173,000 confirmed cases and nearly 5500 coronavirus deaths. Developing news in the south bay, where a 19yearold man is dead in a shooting involving milpitas police. Officers were responding to a stabbing on north temple drive. They found a man armed with a knife outside of an apartment building. Police ordered him to drop the weapon but he ran toward an officer and that officer