Endangerment of public health. Hes investigating. In boston, a packed party boat making headlines. Absolutely no social distancing. That party boat operation has been completely shut down. In new jersey, no pictures yet, but 700 people attended a liberian Independence Day party. It was staged at an airbnb rental. Plenty of alcohol and twerking. It took police five hours to break it up. Hundreds ticketed. There is, however, positive news on the virus. Pfizer is now in phase 3 testing for its vaccine. That is the final stage. Just like moderna. And the increase in virus cases in two key states, california and texas, is slowing down. You better take a look at this. Kodak. Remember them . They are getting 765 million from the government to make the ingredients for pharmaceutical products. They will replace china, which currently dominates the supply chain for the Building Blocks of drug products. Watch that stock go. The dow industrials, they are going to be on the down side this morning.
The governors update comes a day after he ordered bars and 7 counties to close and urged another 8 counties to consider doing the same. And we will be in Constant Contact with our county partners to understand how this might impact what theyre seeing and experiencing in their communities and how this plays out in their data. The states latest action comes as coronavirus cases increased here in the state by 45 over the last week with the Positivity Rate that continues to creep upward now at 5. 9 . California also continues to see increases in icu patients and hospitalizations. It is because of those rising numbers that Health Officials across different counties are scaling back their reopening plans. Alameda county isnt reversing any but county officials are pressing the pause button on entering the next phase kron fours alsothe ammonium is live in our newsroom with that decision l a a lot of moving parts here definitely grand Alameda County has seen the highest number of confirmed infe
Theyre all moving lower put on the positive side, a report that china will accelerate agriculture purchases from the u. S. Which could deescalate some trade tensions and were set for a particularly volatile final hour of trade this is the s p 500s first major options and futures rebalancing day of the year. We have 59 minutes left. Were down just over. 5 sara coming up on todays show, pressure mounting on apple over the treatment of App Developers weeshgs going to speak with Roger Mcnamee ahead of the Developers Conference plus, david kenny holds not only the companys ceo title but also the chief diversity officer. Hell discuss neilsens recognition of juneteenth and how they can push for more diversity in the workforce and can figure out a way to measure it as well lets get straight to the market another volatile session to close out the week on wall street one that is headed for another upweek mike santoli is tracking the down action weve seen this afternoon. Yeah. A little fatigue th
Area. So heres a look at the numbers right now for the past 3 days, the total number of deaths in the bay area remained at 390 that was for saturday sunday and monday. So today we now have a total number of deaths at 404. 2 of those deaths are coming from Santa Clara County 3 are in Alameda County and 9 of those deaths are coming from san mateo county. We spoke to a doctor this afternoon who told us that it is important to continue to stay safe and follow the cdc guidelines as the bay area begins face 2 of reopening. Were going to see this kind cuts to a loan thats surge not completely smooth water probably for the next several months or even a year are potentially more that its disease is not to just disappear and go it will get better to get a little bit worse, so i dont think im whitney. Look for it at this point to a point where its almost need us and we just need to maintain vigilance of people along the way. San Mateo County Health officers want to remind everyone if the numbers
Tomorrow mini super tuesday primaries but big eyeses on biggest prize michigan and Sanders Campaign survive . It is monday it is march 9th fbn am l starts right now. Lauren welcome a manic monday indeed im lauren simonetti. Cheryl a lot to get to good morning im cheryl casone. Lauren take a look at how your money is moving moving this mors of now Dow Jones Industrial average dropping at the open that is a decline almost 5 . The s p set to drop 14 a 5 points nasdaq down 410. All three major averages down 4. 9 this morning. Reminder, last week the markets finished in the green. Cheryl lets take a look at what caused selloff this morning that is the oil story we told you about that at the top of the show this fight between saudi and russians oil is down 21 right now. And one point wti what youre looking at a was down 31 and co coalition and saudi slashed oil prices here they are. Lauren been a rally in bond market pushing yielding on tenure treasury down record lows. It did hit 0. 3 in ch