Boost your news i q. Very usual sighting off the coast of california in fact its so rare that we here at r. T. America wanted to get a birds eye view of the unexpected arrivals along the coastline youre looking at here exclusive drone footage of dozens of massive oil tankers sitting idle along the Pacific Coast with nowhere to go because these oil tankers have a gird due to the Global Demand for fuel collapsing all due to less driving and less flying as millions of americans are being forced to stay home during this coronavirus pandemic correspondent tosh sweet is in long beach with a story. With people flying and dr weil. The oil industry is taking a hit and as you can see there are dozens of oil tankers up a coast here in Southern California but the line of work there was far north as San Francisco with simply no place to unload in this exclusive video youre looking at 20000000 barrels of oil floating off the west coast roughly 3 dozen ships scattered throughout the waters from long
Whats up, zoom is up, amd, shopfy, nvidia, stocks that would be categorized as stayathome stocks, companies that benefit from people using their computers, using broadband and video conferencing, Something Like that. Maybe thats whats driving the trade for the morning thus far well see where it goes from here, morguen. Thats exactly why the nasdaq is positive, albeit just above the flat line as the quote unquote stayathome stocks, and worth noting that the small caps, the russell 2,000 is underperforming down 1. 5 where the nasdaq has sort of become the stayathome stock shutin index, if you will, because of all of those tech names that are levered to the dynamics weve seen playing out in society in the last couple months, the small caps aremuch more geared towards the reopening and the prospects of reopening, given the fact they are so domestically skewed economically sensitive and tiered to what its going to be like to get workers back into jobs and the like and what that process is g
Very usual citing off the coast of california in fact its so rare that we here at r t america wanted to get a birds eye view of the unexpected arrivals along the coastline youre looking at here exclusive drone footage of dozens of massive oil tankers sitting idle along the Pacific Coast with nowhere to go because these oil tankers have a gird due to the Global Demand for fuel collapsing all due to less driving and less flying as millions of americans are being forced to stay home during this coronavirus pandemic r. T. Correspondent natasha sweet is a long beach with a story. With people flying and driving last the oil industry is taking a. As you can see there are dozens of oil tankers up the coast here in Southern California but the line of work that was far north as San Francisco with simply no place to unload in this exclusive video youre looking at 20000000. 00 barrels of oil floating off the west coast roughly 3 dozen ships scattered throughout the waters from long beach to San Fr
Because this is over the weekend and weekend reporting tends to be a little different. Member, this reporting system we put in place, this never happened before, where hospitals were reporting on a daily basis. Hospitals have a lot going on, oni wouldnt that the farm any of these specific oneday numbers, but the overall trend is good. The number that is the most important number that we look tremendouslystill distressing is the number of deaths 280. That number has not moved dramatically in a relatively long time. The overall direction is good, even though it is very painful. I think it is important we take a moment and learn the lessons of what we have been going through. This has been unprecedented, what weve been doing for the past 64 days. This was an urgent situation, this was all hurry up, we had to quickly figure out a plan, quickly enact a plan, but now we are a couple of months into it simultaneously, we should be learning the lessons of what we just went through. Itple talk a
Than it was on friday. Reporter correct, it is. And i reached out to tesla to ask them if they have resumed production of electric vehicles at their factory here in fremont. Yes, the employee lot is much fuller than it was friday morning at this time. Youre looking at the south side of this factory behind me where weve seen a number of new teslas that were not there on friday. Were also seeing a number of car carriers hauling teslas from the factory within the past 15 to 30 minutes. Still waiting for a response from the company. This morning Business Insider reports tesla resumed some operations at this location and is asking employees by texts and phone, not email, to report back to work in spite of the shelt shelterinplace order. One employee said they were told if they dont return to the factory, they would lose benefits and the ability to apply for unemployment. Elon musk has sued Alameda County in federal court to let him resume operations at the factory which has been shut down s