And im frank somerville. The credit is being given to the u. S. Labor secretary for motivating the two sides to hammer out an agreement. Its a five year deal and still needs to be voted on by the dock workers union. But work is expected to resume tomorrow with saturday evening shifts. Ktvus Jana Katsuyama in San Francisco where she spoke to negotiators and the u. S. Labor secretary tonight, jana. Reporter a lot of relief, mr. Perez told us that president obama said last night that the deal must get done today. And it was. Whats interesting is mr. Perez says this new contract could improve the overall efficiency of west coast ports over the long term. After a nine month labor battle and several hours of negotiations, San Francisco Office Friday the long awaited deal finally came down about 6 00 p. M. Its a good agreement, its going to work for both sides. Its going to help workers and communities and its going to help customers get the containers theyve been waiting for so long. Reporte
Bill mcnabb, his thoughts on vanguard. And we will ask him whether or not index funds have won. Is it game set, match . Also well talk with spyder man, thats state streets jim ross. He oversees billions of dollars in Exchange Traded funds. Who is using them . Are they used wisely or not . Well talk Retirement Savings with the retirement heads of Jpmorgan Chase and bank of america, merrill lynch. Well put it all into the context of whats going on in the market today. Trouble force stocks as the market today. Trouble force stocks as for stocks ahead, rising oil prices, falling jobs numbers. All of that ahead on power lunch. Thank you very much. We will get back to you shortly. Several big stories today on power lunch. Outside of the Mutual Fund Conference including former treasury secretary, tim geithner saying were not finished with the financial crisis but well explain the but part in a minute. Election day in the uk. Forget about what the polls say. The better question is what does th
Disappointed to see the clinic that helps many low Income Patients now shut down after filing for bankruptcy. The landlord alleged they paid on time only three times. Reporter when the employees left nearly a month ago they left behind thousands of confidential patient records. And the landlords representative says are bags of biohazardous material. A clinic now closed and a Community Left wondering, what really happened behind closed doors . Certainly, they should be held accountable for, you know, the impact on the number one, the impact on the patients but also the irresponsibility of just leaving these records behind. Reporter there is one person who could answer all these questions. We tried to call dr. Gwen sykes who led this clinic. We have learned that her Oakland Office was also raided by the department of justice last week. We called the number listed on the door and the woman who answered hung up. Live in berkeley, maria medina, kpix 5. We alerted the councilman about the bi
This a political stunt . The cities that are unfortunately in trouble are all run by democrats. You have radical left democrats running cities like chicago and so many others that we just had a news conference. Unfortunately, thats the way it is. Thats the facts. When you look at chicago and you look at thejob when you look at chicago and you look at the job mayor lightfoot sent mea look at the job mayor lightfoot sent me a letter yesterday, and i think in their own way, they want us to 90, in their own way, they want us to go, and there will be a time when they want us to go into full blast, but right now, we are sending extra people to help. We are arresting a lot of people that have been very bad as far as the coronavirus, as you say, i think we have done some amazing things, and i think you will probably see that if you compare our statistics to other countries if you look at death rates, and you will see into the future what is happening you are going to see some very very impress
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