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Transcripts For KPIX CBS Morning News 20240712

Really good to see you again. I hope you had a pretty good long weekend. Im annemarie green. We are going to begin with the raging wildfires out west. California is getting hit especially with a record 2 million acres burned. Its not over yet. One of the newest wildfires is the bobcat wildfire northeast of los angeles. Its scorched 5,000 acres forcing some evacuations in the Angeles National forest. Today santa ana winds are expected to fuel this fire even more. The el dorado fire remains a problem. Allegedly sparked by a gender reveal party. In fact, its gotten so bad the National Forest is closing all forests in the southern half of california with no reopening date. Elise, the power was turned off in california as well to deal with these wildfires. Reporter yeah. Those outages will impact more than 170,000 customers. But the utility says they will help improve safety. 80 miles east of los angeles officials believe the el dorado fire started during a gender reveal party. They used tw

Transcripts For KGO ABC7 News 400PM 20240712

Were still expecting highs, upper 90s to 110. That means the risk of heat related illness and heat advisory in effect for the coastal areas. We expect wind to increase tonight and tomorrow raising the fire concerns. A red flag warning for high fire danger will be effect for our hills and mountains from 10 00 p. M. Tonight until 8 00 a. M. Wednesday. We have a wind and vise ri in effect for the north bay and east bay hills and mountains. Ill have the full accuweather forecast in a few minutes. Well look forward to that. Thanks. People triped to save energy to avoid blackouts. Abc 7 News Reporter with more. Twice theyve said its leaking. Reporter he said his airconditioner has been broken its bad timing with the triple digit heat. My wife is a teacher. She teaches from home. My kids are home schooling and its an absolute mess. How do you keep cool in this heat . I notice the pool behind me was open. Reporter bryan wh lives in an apartment complex says he was glad to see the pool being us

Transcripts For CNBC Squawk On The Street 20240712

Above 39, jim. But this morning, well watch maybe a tale of two cities if new york can do this as they reopen offices and hair salons i think new york is taking a big risk because new york has beening ino ing inumber one when you have the least covid, i guess maybe you can say its time to open but also to be the least covid for a little bit i know you need to do it because too many businesses that are going to go under. Just be too long and the cash flow is too low. I worry about a bit of a spike because it is great to be a state that you feel safe in and, yes, i want my, i dont have to worry about my hair being cut but yes i want these businesses open and get cash flow its been just a delight to having lost vigilance but little less nervous on fathers day pretty good. Interesting kudlow saying a moment ago he does notanticipate another nationwide lockdown but one thing that friday did demonstrate that apple and cruise lines will curtail their own operations if they sense any need for

Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240712

Treasury yields are up as jobless claims drop. And open for business again, but where is everybody . Errie calm after restrictions were lifted. Muted the session seemed after the week where we saw gains in global markets. We have a pause when it comes to the stock rally overnight. Finally starting to address the the data we trickling and showing the impacts of the pandemic on the Global Economy and the evaluations we see when it comes to markets. Japanese features trending a little lower at the moment. Futures trending a little lower at the moment. Futures flat at the moment. David a welldeserved break. Lets get to the top stories. Despite a recent wrapping up of tensions, the u. S. Trade representative says he feels good about a phase one agreement with china. Robert lighthizer says beijing was honoring the pact when he took significant purchases in recent weeks. Selina wang is in beijing. Take us through what Bob Lighthizer had to say. We got some positive rhetoric about the trade de

Transcripts For KGO ABC7 News 600PM 20240713

Likely run oz as early as tonight. No word yet on a new deal which is leaving businesses worried the wait will force them to close. For 60 years, the millbrae pancake house has been an institution. But like millions of others, the iconic familyowned business is in a world of hurt. This is the worst. This is the worst. Were doing everything we can to survive this. Owner erin burk has cut 80 of her staff. More than 30 employees laid off. This is not how we want to end this. Burk tried to apply for a loan under the Paycheck Protection Program but couldnt. The computer was grid locked. You couldnt get through. It froze. There was no way in. Five days later, her application was accepted, but her loan still not approved. So far in april, business is 90 down. Its even worse for joe field, owner of a concordbased comic bookstore who we profiled last week. In lost sales at this point were approaching 1,000. 17 days after filing for a loan, wells fargo told him were not ready to open the applica

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