Years long review process. Human rights advocates say asylumseekers who have been returned to mexico are often assaulted in shelters and on the streets when looking for food. California regulators have agreed to penalties against pg e to a record 2. 1 billion for violations tied to the wildfires ignited by the companys power lines in 2017 and 2018. The penalty is about 462 million higher than in earlier fine and would be the biggest ever against the california utility. Pg e would also be required to pass along any tax savings associated with the payments to customers. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Live from bloomberg World Headquarters in new york, im vonnie quinn. Amanda live in toronto, im amanda lang. We are joined by our bloomberg and Bnn Bloomberg audiences. Here are the top stories we are following from around the world. Panic and fear
A white house official says a response could come this week. There has been a breakthrough in libya peace talks. The United Nations says the countrys warring sides have agreed to turn a ceasefire into a lasting deal. Weeks of sporadic violence have derailed negotiations and dashed hopes for a more permanent agreement. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. It is 1 00 p. M. In new york, six 00 in london, 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories we are following. A sea of red for global stocks. The s p 500 wiping out its 2020 gains and posting its worst day in two years. Investors fearful as the Coronavirus Spreads far beyond china, potentially upending Global Economic growth. Seek safe havens, gold looms toward 1700 an ounce. We talked to the ceo of
Reacted with anger. I strongly disagree with fitchs reacted with anger. I strongly disagree with fitchs decision | disagree with fitchs decision and i disagree with fitchs decision and i believe it is entirely unwarranted. Its flawed assessment is based on outdated data and assessment is based on outdated data and fails to reflect improvements across a range of indicators, improvements across a range of indicators, including those related indicators, including those related to governance, that we have related to governance, that we have seen related to governance, that we have seen over the past two and a half have seen over the past two and a half years. Gf of the democrats used the opportunity to point finger and republicans for their role in the recent Debt Limit Fight of all republicans blame it democrats and Joe Biden For joins of dollars in new spending for the many economists dismiss the downgrade, includingjp morgan downgrade, including Jp Morgan Chase downgrade, includingJp Mo
Would. Heres a live look outside, westbound 92, lot of folks hitting the brakes there and a high wind advisory for san mateo bridge along with the bay bridge this morning so it is wet and windy here today. Westbound 80, highway 4 to the maze up to about 25 minutes, 16 across the bay bridge, and southbound 101, San Francisco to sfo, youre still in the green at just about ten minutes. Couple different issues on southbound 6890, one out of the trivalley, one a little closer to fremont. Ill show you those coming up next. On to breaking news now. A vallejo familys been forced from their home overnight after it was hit by a big tree. Lets get right to abc7 News Reporter amy hollyfield. Reporter the family is okay. A huge oak, though, scared them when it fell on to the home just a few hours ago. A family was asleep inside. They are all fine, though. The house the tree did not break through the home, but officials have red tagd it until they can get the tree removed and they can inspect it. Th
Right now are seeing forties for antioch notionally in vallejo 39 degrees also nevada at an upper 30s trade no surprise there 52 downtown 7 cisco 42 san jose. 44 in fremont and also 44 and oakland. Heres whats happening with the satellite radar picture fairly quiet today and also that several days because of High Pressure in full force today. In the temperatures will be warming up bread round average. And then we would continue the trend that couple days the holiday. And we do see storms coming this way his future calves for. by lunchtime today will see temperatures in the 60s and then temperatures will be topping out generally upper 60s and a few spots in into a lower seven news today highs for this afternoon we might get close to 70 in san jose. Parts of san jose high ever since the same deal in sunnyvale. 68 in oakland 66 downtown San Francisco 64 end stocks 67 in livermore. Also upper 60s and now but saturday is up. A lot of this is going to be very comfortable conditions once agai