Chambers testify about their concerns. From february until april of 2020. But the closure rates for minority owned businesses are significantly higher with 41 of blackowned businesses, 32 of latino acts owned businesses and 22 of asian businesses. They closed over the same time frame. Now, in april of this year the federal return bank of new york reported that minority and women owned businesses are significantly more likely to show signs of limited Financial Health and are twice as likely to be classified as at risk for distress then nonminorities Small Businesses. Further, companies are three times likely as healthy businesses to close because of [inaudible]. The pcp program established under the cares act and administered by the Small Business administration and treasury as funding lifeline for distressed businesses responding to the culminating pandemic. What recent analysis by the color of change and the u no space United States found only one in ten African American and late lati
The dow is down now 1040 points now live from ep rate locations, youre looking at the worst day for the s p since may 1st. For the dow, it is since april 1st, and you really have to go down about 1200 points to go further than that. Were watching a number of different dynamics at play one is just the reality check that we got from the fed and jay powell, it is the recovery, the covid spike that sarah was juk talking about, and the success in various pockets apple is down, but it is still up more than 7. 5 for the week microsoft is similarly down almost 2 today, but up 5 for the week sam z amazon, google is just up 1. 3 for the week and down today, but you cant just look at one day up or down so we have been up so much, morgan, one wonders how much of a reaction in the market this is going to be. We have been hearing for days and weeks now the idea that the rapid run, off of the lows, for major averages from that march 23rd low that were looking overboulgt or even like they were getting
To see if they have a deadly respiratory virus called the carona virus and it is spreading during the celebration of the chinese new year. This is one of the three where screening will begin, thom jensen. Reporter thats right, the only two u. S. Airports with direct flight from wuhan, china where this virus is linked with the virus. It is now spread into thailand and china. Chinese people are concerned a little bit it is a new disease. Reporter a center for Disease Control officials telling reporters today shes concerned too and it is plausible there will be at least one case in the u. S. Due to the amount of travel from wuhan, china. The first 150 sfo passengers will be screened saturday afternoon when the next flight from wuhan is set to arrive before 1 00. When the flight arrives either connecting or nonstop passengers will be diverted into a separate area. Reporter another 10 or 25 passengers on connected flights will be tested, worrying some could be delays and getting through cus
Is cold. Its in the 30s. I know people are wondering about the forecast because of the niners game, but heres a nice shot of sfo. You dont have to worry about any delayed flights today. Look at the current temperatures. 30 degrees in santa rosa. 39 in san jose. 39 degrees as well in santa cruz, San Francisco at 44. What can we expect . I want to show you the 24hour temperature change and its running a few degrees warmer in some spots including San Francisco, oakland and pacifica and we will warm up a little bit more into the afternoon. Yesterday, we only topped out in the low 50s and today well be in the upper 50s and it will be a good day, very calm weather and not as breezy or windy and with the passing system and we do have a system passing just to our north and that will bring cloud cover into the afternoon and ill break down your womans march forecast and your niners forecast and your sierras forecast coming up in 15 minutes. We look forward to seeing you. Vianey, thanks. This mor
Mcconnell is at least on this. Does anybody think that schumer hasnt make up his mind. Maybe he would never send it over because it will expose how shallow their thing as. Reporter house members have left the capital for the holidays and there will be no more votes for the year. Meaning, the house will send impeachment articles to the senate until at least, january 7th. Julie . The strategy of holding it back, how would that and if it nancy pelosi and the democrats . Would that give her more leverage . Reporter i think she wants to get more leverage in the sense that Chuck Schumer has to suggested Mitch Mcconnell that they have different with sister,. For instance, he was the acting white house chief of staff mid mulvaney, john bolton, to testify. And so far, leader Mitch Mcconnell had said no to both of those. They are hoping that if they can make this last just a little bit longer, he will eventually pressure somebody to say yes. We will bring more witnesses to the senate trial. We w