Thats due to more restrictive measures being instituted in california and other states to help stem the growing tide of covid19 cases. Today, the cdc announced its recommending against travel for the holiday. Ktvu southbound reporter jesse gary picks it up from there. Reporter with a week before thanksgiving, air travel is light at Oakland International and other bay area airports. We just wanted to break it up, so that we werent traveling with a bunch of other people. A little bit easier the week before. Reporter this as officials at Mineta San Jose International airport say travel during the 11 day thanksgiving holiday period is scheduled to be 1 5th less than it was the year before. This is the simply the fastest increase california has seen since the beginning of this pandemic. Reporter newsom says 94 of the states population is now in the purple tier, including six bay area counties. As a result, Officials Say people should forego gatherings with families and friendes this year. J
Up next a confirmation hearing for u. S. Postal service governors and other judicial nominations to the d. C. Superior court. During this meeting members of the committee asked nominees questions concerning the health and safety of postal workers amid the coronavirus pandemic. This morning we will consider two nominees for the governor of the United States Postal Service, don lee moke and william zolers. Well consider three nominees for the judicial system to be associate judges in the superior court of d. C. We do have brief introduction of each. Donald lee moke served as president of the Airline Pilots association and captain with Delta Airlines for 31 years. He also served as an officer in the United States marine corp. Thank you so much for that service. William zolers serves red stone llc, hes the chairman and ceo of yrc until 2011, prior to that served in Senior Leadership positions with rider incorporated and Eastman Kodak company. Mark robins serves in office of general counsel
Duty in asia. I continued to fly fighter jets until i refired from the military with the rank of commander in 2001. After my time on active duty, i also became a pilot for a commercial air carrier. As a commercial airline pilot, i was performing my primary duty. And association that was importantly conceived in 1931 to represent airmail pilots. I had many appointed and elected positions in the association ultimately becoming the president of alba from 2011 to 2014. I represented more than 50,000 u. S. And canadian pilots at over 30 companies on contractual, safety, and government policy matters. I lead a team to address complex bankruptcy rein restructuring. Nothing was easy and they had to Work Together to settle negotiated agreements. I also served on numerous safety committees including the federal aviation fa advisory committee. Air traffic services, and appointed as the faa drone advisory committee. Last year i also cochaired the department of transportations Second Committee to r
Dire projections and devastation from covid19. Were down five basis points good lineup today well speak exclusively with the cfo of tyson as concerns mount about the safety of Meat Processing plants. Plus, Mike Novogratz will join us on what he makes of Warren Buffetts comments on the airlines and market, plus, well speak with tom steyer about the path forward for america specifically, he sits on californias task force to reopen the economy along with janet yellen and tim cook. Well start with breaking news from the treasury. Kayla has more from washington the Treasury Department says it expects to borrow just shy of 3 trillion in this quarter alone to fund the expenditures outlined in the cares act stimulus and also to off set the individual and Business Task revenue thats not coming this because of that delayed deadline to say this is a record amount is an understatement the last record that the treasury saw for borrowing was the quarter july through september 2008 the height of the
Under an hour left in the session. Lots coming up on todays show a big exclusive interview with bank of americas ceo. Well get a read on the Small Business relief program. He joins us live in about ten minutes time plus as retail bankruptcy concerns swirl, well speak with the president of sax fifth avenue about whether customers h actually return to stores when doors do reopen but first, lets focus on the big stories of the day. Mike is tracking the market pullback on this first day of may. Josh is covering apple diedra is watching amazons move and phil has the shocking tweet from elon musk that sent teslas shares tumbling. Mike the s p 500 down almost 3 today. About 3. 5, 4 from its highs just two days ago. Look at a chart. Just to map where we are down about 4 we had broken on a shortterm basis the uptrend from march i dont think anyones going to get too concerned about this unless it goes deeper than at least 2550 week and a day or so ago, last tuesday, we were down around 2730 so w