Ah but have a look at tesla. It made a profit. Its opening a factory in texas. It hopes to sell a half million vehicles this year and the stock is up again this morning. Elon musk now leads, im going to say he leads the technology economy. The stocks up 64 bucks now. Microsoft down. Whys that . Im told its because their Cloud Business only grew 47 . First time the growth rates been below 50 . Well, sell that thing. The stocks down nearly four bucks. Theri cnhe tin in po rt landrtla oregonor a44th offf inriing. Th ayor or jtl jedostl bedy b b pst at th supporsupp the anarc ahinast anast anaaken ne inne t ihen theheneworkork ity i nows theshehe wororst pl ac businebuness retairsrsrsrsrs sarsy. Now, tnohaw,tw,w,s a is. Th e new cold war, china and andhe s. A a fitivs researcher linked to chinas military is reportedly holed up in the chinese consulate in San Francisco. The president s considering closing that consulate just like the one in houston. And now look whats lapping on happening o
Worker pay colleges courts and housing programs, some of those dollars could be restored if the federal government steps in with at least 14 billion in aid by october 15th, its budget only delays the inevitable. We will have to come back again to plug another budget deficit because we didnt do what were supposed to do governor Gavin Newsome declared a budget emergency allowing the legislature to draw money from the states rainy day fund. The governor weighed in on the budget situation friday. What i believe is a responsible budget under the historically difficult circumstances theyve been presented the state newsome confident more financial help from the federal government is on the way in sacramento, Ashley Zavala kron 4 news. Telling you the number of coronavirus cases in the u. S. Has reached a record high infection rates. Going up in at least 32 States Whitney wild has the latest. Health officials are warning about another staggering peak of coronavirus cases, raising questions abo
Coronavirus cases spiked across the country. We have Team Coverage for you this morning on the plans to scale back the reopening kron fours will tran is live in Contra Costa County. Lets start off with kron 4 Sarah Stinson who is live in Orange County which is allowing some businesses to reopen this morning but not as many as originally planned sarah. Robin thats right. Im live here in larkspur where im at a hair salon on one side and a barbershop and the other bowls gearing up to reopen today. Theyre finally allowed to open and i can see as ive been going up to a lot of salons in marin county theyve been prepared for this is classic park partitions in between the employee and customer as they get ready to pay for the services, theyre doing a lot to prepare for that and theyre able to reopen today despite a spike in cases than their single most high spike in one day last week. But take a look at your screen. These are the businesses that can reopen starting today despite that spike in
Manifesto online. We talk with ellen pao, the former ceo of reddit. Plus, uber and lyft post earnings. And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. First, uber came out with secondquarter results, investors looking for signs they will eventually become profitable. Did they succeed . I asked our guests. We see multiple ways that management can move towards profitability. We see nearterm drivers in the form of reducing driver and rider promotions and incentives. We also think they are things the Management Teams can do in terms of reducing market expenses and insurance costs to help move the company toward profitability in the near to midterm. Longerterm, we see additional upside in the move toward autonomy as being a key component in reducing costs and moving companies more toward profitability. Emily except that autonomy is just
Turning a profit, and we will break it down. And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. First, uber came out with secondquarter results, investors looking for signs they will eventually become profitable. Did they succeed . I asked our guests. We see multiple ways that management can move towards profitability. We see nearterm drivers in the form of reducing driver and rider promotions and incentives. We also think they are things the Management Teams can do in terms of reducing market expenses and insurance costs to help move the company toward profitability in the near to midterm. Longerterm, we see additional upside in the move toward autonomy as being a key component in reducing costs and moving companies more toward profitability. Emily except that autonomy is just so far out. Tom, uber said the losses would decline next