Good morning and thanks for joining us. Im darya folsom and breaking news, the wall street journal reports over. Is closing one of its downtown San Francisco offices and laying off about 500 people who work there. The journal reports uber ceo made the announcement in an email. This morning, 2 employees uber says its in response to the coronavirus pandemic in all 3,000 people are being laid off in this latest round in the company is going to shut down 45 offices, worldwide. Experts say that uber is cutting about a quarter of its workforce. This month. So now we know how the bay area will be affected. Other news this morning, San Francisco, san mateo and marin counties are entering phase 2 reopening their businesses today that means Retail Stores and Small Businesses doing business with Curbside Pickup napa solano and sonoma counties are already in phase 2. In the east bay alameda and Contra Costa County they are still in large part lockdown but Health Officials say theyre going to make
New Research Suggests the actual number of infections could be significantly higher. The death toll nationwide is now more than 58,000. But the nations top Infectious Disease expert is warning those numbers could grow significantly if the country push to reopen too quickly. Still, many states are moving forward with lifting restrictions, with californias governor saying today that schools there could start up again in july to catch students up ahead of the new school year. Meantime tonight, the president says hell use the defense production act to force Meat Processing plants to stay open after concerns that the countrys food supply could be in jeopardy after sick workers forced many plants to shut down. Well, theres a lot of news to get to tonight, and our team has it all covered. Were going to begin with mola lenghi who leads us off tonight in new york city. Mola. Reporter well, norah, some governors aim to bring some life back into their stagnant economies, some new projections sugg
Economy on the edge as millions more file for unemployment. The government reports 80 million americans have received their stimulus payments, but reports this morning of chaos and confusion for some trying to get their money, and the irs site meant to help, crashing. Colleges in crisis. Educators sound the alarm. Schools in jeopardy of losing billions of dollars with campuses in danger of being closed in the fall, how many ts planning to pull out. Stranded at sea. Tens of thousands still stuck on cruise ships with no ports willing to take them in. The crew members speaking out this morning, adrift for weeks taking us inside his ghost ship only on gma this morning. An abc news excl Michael Jordan live. Talking about the brandnew espn docuseries, the last dance. Inside his unforgettable final championship season with the ic thneverbefoseen good morning, america. We cannot wait to hear from Michael Jordan and were happy to have amy here, of course, in studio with me and also happy on thi
Departments dead line itself, to determine bed capacity and covid19 testing. Bob, i know you were listening to that press conference. Tell us a little more about it. Reporter well, the county says its expandible and elastic when i comes to thi beds opened and available in kante scholar ra county. Is that number going to be enough if we do see a surge of covid19 cases . The county Operations Emergency Center wrapped up this News Conference about 30 minutes ago. They announced two new dashboards on the Public Health we believe site, you mentioned, which lets the county know in terms of bed capacity and covid19. Heres the latest numbers as of march 31st. You can see they have over 9 aqueued beds available, just over 90 icu beds, close to 1,500 surge beds. These are beds that theyve added because of this crisis. That includes 250 of the Santa Clara County convention center. They have just under 400 ventilators. Again, thats as of march 31st. As of yesterday, the county labs, commercial lab
Terrible composite pmis from the region. Oil continuing that recordbreaking rally yesterday. Some delegates a little bit more optimistic about getting deals done. Now i want to update you on our top stories from our new york team. We want to begin with europe. Thentioned the economies in slump of unprecedented scale, pointing to a contraction of about 10 . Bloombergs Michael Mckee joins us with more. Good morning, mike. Michael we are getting to the point where Economic Data are almost irrelevant to investors. Yeah, it is terrible. We know that. Weve traded it. Thats why you are not seeing a huge reaction in equity markets in europe because it was largely expected. It is sort of exactly what you think wouldve happened. Services pmis and composite pmis just falling off a cliff. The story in spain and italy there, but also france and germany. Those economies have basically shut down. Economists try to put a number on what that means, and that is where you get that 10 contraction figure,