And social distancing measures have disproportionately hurt the smaller businesses. Just this week, companies filed or are on the verge of filing or group c. If they cant filing for bankruptcy. If they cant survive, how can smaller businesses survive . It is an extraordinary divergence between rich and poor, small and big. So Many Companies forced to shut down due to regulations or activity. Meanwhile, the larger chains in the world online players big retailers who make. New york sports club, century 21, lord and taylor, virgin atlantic. An extraordinary divergence happening right now. An unbelievable amount of inequality being compressed into a short amount of time. Romaine if you look at those names, a lot of them are Consumer Discretionary names. If you look at where the bankruptcies have been happening and in what sector, you get a better sense. Obviously, the first thing to go with regard to spending is going to be the discretionary items. Youve seen that come down. 22 making up a
In Fresno County try to outrun a wildfire only to quickly realize the only road out is completely surrounded by flames. Thanks for joining us, and we begin this evening with the blistering bay area heat. A live look from the dublin cam, temperatures hit 110 and more, extreme heat is not doing us any favors and it sounds like more on the way . Baker more on the way tomorrow, it wont be this hot, but youre absolutely right, its going to be close. Every number on the screen over my shoulder broke records, 111 today in livermore, these are not the official numbers, they could come in higher, we will get them within this hour. 109 in concorde, San Francisco 98. And just to show you how far above records those locations were, in some cases 59 degrees above, and the airport, downtowns number coming up a little bit later as we get the official numbers and from the National Weather service. The daytime highs from across the bay area as a whole. Santa clara, 108 in mountain view, we work our way
Only hot temperatures today, even warmer weather tomorrow and then to finish out the Holiday Weekend, were going to find increasing fire dangers. Lets talk about where we are right now. Temperatures are well into the 90s, its 104 in san ramone right now, 101 in santa rosa. 95 in san jose, 95 in oakland. 95 in red wood city. The city is warm with a temperature of 85 degrees. Excessive heat warnings and advisers are officially in effect right now and this heat is with us for several days. These will last until mon wthe whole entire Holiday Weekend. So lets go hour by hour. Later on this evening, t 70s an. So it is a warm night with little relief overnight. We will stay in the 60s and 70s to start the day tomorrow. That means tomorrow afternoon, hotter than today. Well look at those numbers. The fire danger and the full accuweather forecast. We will see you then, thank you. In some parts of the bay area, we can not head to the water over the weekend due to wildfire damage. Because of the
And warnings will expire at 9 00 p. M. So its not only the heat we are tracking. Its also our air quality. Air quality right now is moderate across the entire region. But were going fluctuate, again, between moderate and poor the next couple days. So the spare the air days have been extended. We have heat, air quality issues and by thend of the weekend, well have high fire danger. Well talk about it all in the accuweather forecast in a few minutes. Thank you. In some parts of the bay area we cannot head to the water over labor day. Lake berryessa is closed including tomales bay and the seashore in marin county, all the beaches in pacifica, the fitzgerald marine preserve and bonitas creek reserve and santa cruz beaches are only open for a few hours each day. Beaches that are open are popular spots. Abc7 News Reporter anser hassan talked to people who headed to Stinson Beach. Reporter Stinson Beach in the north bay was a hot spot for those trying to escape this weekends recordbreaking ba
It will be hot and muggy today. Did your seat for those well inland. Fire dentures go up and possible showers sunday night into monday. We are just getting a lot of high clouds. 60s and 70s. 74 in san jose. Thats very warm. Record highs likely today for many including San Francisco. Heat advisory from the bayside location starts at 11 am. Inland areas heat watch starts at 8 am. Temperatures are soaring above average highs for this time of year with livermore penciling in 108 and should be 88. And now we are seeing things picking up at the bridges. Lets start at the bay improved, actually. We had a bigger crowd at 6 30 am and now its 7 00, it seems to have disappeared. Traffic is moving along very nicely here. Looking at your screen, not a lot going on. Also, as you see, interstate 880 in oakland with traffic moving along okay in both directions. Because of the hot weather today, the organization that manages our states power grid is urging people to conserve energy. Demand for energy i