Least. For many people in businesses, this feels like deja vu. The experience back in march will prepare them to handle the latest round of shelter in place. A lot of stress, a lot of worry. Im really stressed out, worried for my staff. Reporter the Restaurant Owner says it is tough to lay off many workers. Most he considers family members. Theyre saying this will be a 30day shutdown. I dont believe that. Thats what they said last time. Reporter he runs two downtown san jose restaurants. Takeout orders make you have roughly 5 of his business. It was during the holidays. Reporter many Business Owners and customers believe some of the restrictions are too extreme. Can we be transparent . Can you tell me and show me the numbers . Show me Contact Tracing data. You have to prove these restaurants are a cause. Christmas is 90 of our business. Yet were limited to the number of hours, the number of people. Hopefully there is some sort of Financial Aid this time around. Hair stylist saw a surge
Caroline i am caroline hyde. Ed im ed ludlow in San Francisco. Caroline full earnings coverage or had. We have cisco its outlook conservative we will hear from the cfo. Ed walmarts results posted big jump in its online business. Caroline we will be sitting down with start up perplexity to discuss complexity and the search place. Nasdaq out of new record high. Global stocks still raise higher in the Economic Data gives us confidence but will the agency be able to cut . 10 year flat. This is a risk on day. We have seen, down on the day at 65,000 level. Its not all risk on n. End. Ed walmart is up 6 . This story is a search on growth in its online business. We will go to j wolf to talk about that. Cisco is now down 2 in its outlook was seen as strong. We are going to hear from the cfo to break down the networking gear. We come to china. Jd. Com we are learning who the winners and losers are in the ecommerce space. Ali baba is up, why . Jd. Com number one and ali baba number two. Caroline
After netflix result yesterday, tech was a leader on a downside. Materials and energy continue to rally. Abovell 10 S P Industries their 200 Day Moving Average. Even with this day, still seeing some upward momentum. Alix a lot have broken the 200 day but have not been able to hold it. What will be the catalyst to break us out on this range . It was really the commodity names that probably the most. Copper and gold up at the most since november, also a transocean. Stock in con of a risk on day across the board. And itd at the vicks still cannot seem to gain any traction. The vicks really low. We keep having this rally where we are climbing higher but there doesnt seem to be a lot of concern. Joe and im going to sound like a broken record but guess what, there are new lows in japanese borrowing cost again. There is the japanese 30 year yield on the screen every day, brandnew lows. What else is there to say . Thelet lets talk about dollar continuing to weaken, revisiting sixmonth lows aft
Clinch the nomination. If donald trump wins more than 50 of the vote statewide, it will put him in strong position to win all of new york 95 gop delegates. President obama is in route to saudi arabia but leaves behind a controversy that threatens relations between the kingdom and the united states. The issue is Bipartisan Legislation that would allow families of 9 11 victims to sue the saudis for any role the elements of the regime may have had in the attacks. The white house is opposed, saying it could expose americans overseas to legal risks. Global news 24 hours a day powered by 2400 and more than 150 news bureaus around the world. Bloomberg west is next. Emily im emily chang, and this is bloomberg west. Intel reveals a major restructuring, cutting as many as 12,000 jobs as the pc market heads for a fifth year of declines. We will take you to the details. Yahoo topping estimates as the preliminary bids come in for a company selloff. We will tell you what Marissa Mayer has to say abo
Have had in the attacks. Global news 24 hours a day powered by 2400 and more than 150 news bureaus around the world. Bloomberg west is next. Im emily chang, and this is bloomberg west. Intel reveals a major restructuring, cutting as many as 12,000 jobs as the pc market heads for a fifth year of declines. We will take you to the details. Yahoo topping estimates as the preliminary bids come in for a company selloff. We will tell you what Marissa Mayer has set about putting yahoo on the block. From the courts to capitol hill, we speak to the congressman theing the charge striking balance between privacy and national security. Intel announces a major restructuring. The biggest chipmaker will cut 12,000 jobs or 11 of its workforce. Shares were halted ahead of the report and now down to percent in extended trading. Intel announcing stacy smith will move to a new role as head of manufacturing and sales. The Company Reported sales of just under 14 billion. Comes with the pc market on track to