613, s p down about 75 and nasdaq off by almost 200 on concerns about what we heard out of the white house last night. Joe mentioned those numbers. 100,000, to 240,000 americans potentially dying from this. The treasury market where yields have come down right at about 0. 619 . Some pressure as people move into treasuries as a safe haven. Andrew part of that, we talked about, so much of the money being rebalanced to some degree was propping that up that money wont be there today or the rest of the week or rest of the month because so many of the Pension Funds were there irrespective of the numbers we were hearing well put some pressure on the market in the meantime, the number of confirmed cases has reached 189,000. More than 4,000 people have died in new york city alone the latest death toll has exceeded 18,000. Maine is the latest state to issue stay at home order joining 28 other states. This morning, three out of four americans are facing some sort of lockdown due to the coronaviru
Family and friends. This is a unique and challenging time. I hope that you are finding other ways to reach out to loved ones during during this time as we celebrate, as we cope and as we navigate these unsettling times. Since monday, we announced that the state of michigan has selected the suburban selection show place in novi with collaboration with ascension help as the sight of the second healthcare facility to extend medical capacity during the states response to covid19. After conversion of the suburban collection show place will provide bed space to accommodate up to 1,000 covid19 cases. And as we announced that the henry ford healthcare system, bowman health and the Detroit Medical Center will serve as partners providing critical support and Staffing Resources at t. C. F. Regional care center scheduled to accept its first 25 covid19 patients this friday. The United States army corps of engineers has built this hospital from scratch in a matter of days with the Michigan National
So really a huge reduction obviously nobody should really be getting their own. But there are those who we need we need to get our groceries and things we need to stock up also essential workers like doctors Nurses Health care workers. Those who are working in restaurants keeping us fed. Those are the people who depend on this and now holding a transit is picking up passengers who usually right mean each helping out the Transit Agency during this coronavirus pandemic as you reason that they we do service on because a lot of operators are state polls due to coronavirus concerns now we have a map of the new can really get a good look at how its going to be running there will be service to the financial district weekdays between the Golden Gate Bridge to walmart to Fishermans Wharf and levis plaza their service to the Civic Center Area past their daily between Golden Gate Bridge and the Salesforce Transit Center boulevard near east to boulevard man mess and mission streets and you can pay
Reach an agreement on a nearly trillion coronavirus response. Bill what we have a basic philosophical conflict, democrats blocked republican proposal oregon senator jeff merkley calls it a slush fund for big corporations like the Airline Industry so theyve invested 50 billion in profits during the good times and buying their own stock. And giving huge bonuses to to their their management. A bad time they want to see what the public bail us now republican senators say bipartisan negotiations were going well until House Speaker nancy pelosi showed up back in washington and got involved and angry senator john thune of south dakota said the bill included many provisions democrats walk like direct checks for americans increased Unemployment Insurance and money for Small Businesses to pay their employees that right there is billion. Going to workers. Soon says there is 500 billion worth of money for big corporations but stresses that money will be given out as loans and they all higher milli
Guidelines within the next couple of weeks, this is not a country that was built for this. It was not built to be shut down as for the economic stimulus plan for the coronavirus the Senate Republican bill put corporations first democratic and Republican Leaders are locked in a partisan battle, this is not a juicy political opportunity is a National Emergency im John Lawrence reporting. Well a major Sticking Point in the relief bill continues to be how money gets into the pockets of out of work americans are washington dc correspondent Trevor Shirley has more now on the idea to send a check to people impacted by the pandemic. It would be a fast way to get money into most americans hands. We all recognize giving money to people who are. Not receiving a paycheck is important texas republican senator john cornyn supports the idea well i think we all feel the need to act quickly to get money to the people who through no fault of their own out of a job and a paycheck as does Ohio Democratic