In spain, new infections slowed slightly but officials are worried about a second wave of covid19, now that the country has emerged from a strict lockdown. In portland, oregon, another night of violent protests. Targeted a u. S. Immigration and Customs Enforcement building, spray painting the building, breaking windows, and shining laser lights on agents. Authorities declared it a ride and used tear gas to break up the crowd. Violence is ripped the city for three months since george floyd died in Police Custody in minneapolis. 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. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following from around the world. A stumbling block for the u. S. Labor market as applications for Unemployment Benefits inc
Going to quote the city here, at a time of great unrest and deep reflection by our country, we recognize the pain and oppression that Christopher Columbus represents to many. The removal of the controversial statue of Christopher Columbus began at 3 00 a. M. By crews from the department of rec and park. It was then driven to an undisclosed location and placed in storage. The mayor and the San Francisco Arts Commission made that decision because they said it doesnt align to San Franciscos values or our commitment to racial justice. Christopher columbus is a deeply polarizing figure in our history and a deep symbol of pain, oppression, particularly for many Indigenous People in our communities. Reporter the city also took action after this flier began circulating online, encouraging people to remove the statue themselves at a demonstration scheduled for tomorrow. The statue was vandalized three times last week. To ensure the safety of organizers and really to spare them of having to do t
Week on the hole for global stocks. Lets get a first word news update. Heres leighann gerrans. Leighann president macron of france has appointed a new Prime Minister. Macron is preparing to reshuffle his government in the widely expected relaunch of his presidency for the final two years of his term. North Korean Leader kim jongun urging people to stay alert of coronavirus. He warned that complacency could lead to unimaginable and irreversible crisis or get despite the warning, he has reaffirmed north koreas claim to not have had a single case of covid19. This is widely doubted by Global Health officials. European president christine crisiss signature fighting tool is becoming the focus of disagreement among policymakers. Governing councilmembers face a potential risk over how much their emergency Bond Purchase Program should stay weighted toward weaker countries such as italy. That is according to multiple conversations with central bank officials. And hong kong, police have charged a
Narrative is that President Trump and the ministration looking to get things back to work, even as the coronavirus is now firmly in the white house itself and the administration. We have the likes of Cardinal Health 5. 2 , and some of the other Health Care Stocks like gilead, eli lilly up more than 2. 5 apiece. Under armour continues the guidance story, not giving any indication of what it is expecting, but says the Current Quarter will be the most impacted by the coronavirus. Shares are down about 11 . The yen we getting today. Stronger dollar once again. Food is unchanged crude is unchanged, 24 a barrel. Guy interesting to see that spread between brent and wti widening out. Lets figure out what is happening in the markets and what is going on in terms of portfolio construction. Riserto gallo from algeb investments is joining us on the line. We are trying to figure out how we reopen an economy in the united states. Weve got the u. K. Starting to think about reopening its economy, or a
Yesterday when it was 92 degrees outside. So, thankfully i have one and it worked. Yay. So, our warmest day moving forward, temperatures up to 30 degrees cooler by thursday and well talk more about that rain coming up and first lets get back to reggie. Mike, thank you. California is entering stage two of our reopening plan and that means today that some businesses in some counties will start opening their doors, but for limited access. So, napa, sonoma, santa cruz and solano will follow the governors order or at least orders close to it in reopening. Abc7 News Reporter amy hol hollyfield is live in napa this morning. Amy . Hi, good morning, reggie. Some Small Business owners say this is a small step but wish it went further. She needs people to go in and browse. Curbside service just doesnt quite work for a shop like this. She needs people to go in and be able to shop. But only Curbside Service will be allowed. The governors guidelines allow for Retail Businesses that offer Curbside Se