Of the pandemic will not return for at least two years. Maybe not at all. With fare revenue downou nding. Rvhat we havecaeex yes. What do you see . This one is empty. Many commuters were hoping bus routes had will return. Its terrible. People need to work and they need to get to work. As for the cities beloved cable cars, the Officials Say they are not likely returning until theres a Covid Vaccine to keep operators safe. Start cutting from the top. The president of the transport workerss union say city leaders should take a pay cut. That was the challenge that i made to them and i would be the first person to take a 10 pay cut for the next 12 but they say etven that will not be enough to close the gap tonight, Governor Newsom is launching a new Public Awareness campaign to stress the importance of wearing masks. Some say its not enough. What do you say to critics that suggest that psas are great, but its time for your office to get tougher on enforcement. Why arent you just imposing fi
Nearly 60 . And the number in intensive care beds is up nearly 50 . And more than 350,000 businesses have received know and the governor announced a new public a washness campaign to encourage people to wear masks. It starts this weekend on tv and radio. And in the south bay, higher risk businesses will be reopening in santiago clash are a cousandir and on july 13, indoor gatherings of 20 people are fewer are on outdoor ones with 60 people or less. Guidelines are being sent out to businesses so they can train their employees on the new standards. The new orders require mandatory face coverings, strict social ty li. Ing and positive, business have four hours to report to the county. And it will come back with a vengeance. We wont let our guard down here. Dr. Cody says that covid19 will be here for a long time and we need to adjust our life to confront the new reality. And Alameda County passed the 6,000 case mark. Ashd in t and in the north bay, 32 people at anursing home positive. And
What you need to know. Reporter good morning. Starting about ten miles out from here, there are big street signs warning people that Half Moon Bay beaches are closed. And once you get here, the roads are blocked. Governor newsom is not mandating that beaches close for the holiday weekend, but the citissi Half Moon Bay and pacifica decided that they would close. And they said that the difficult decision is effective sunrise daifd. And they are closing in annual evident to keep people safe from the spread of covid19. It is the same situation in pacifica. We know that increase in coronavirus cases is directly linked to gathering of large groups and that is what happens. We see Record Number 6 of beachgoers, so we are asking people to stay away one more weekend. We want you here, we need you here, but just not this weekend. Reporter and back here at Half Moon Bay, Pillar Point Harbor is closed through midnight on sunday. There will be no trail access parking, no beach parking. And access t
A round table discussion with industry executives so thats happening or about to happen at the white house, well bring you any comments that come from the white house this hour. The major averages are up for the second week in a row. You see the numbers the dow up well over 3 almost 4 in what was a holiday shortened week, the month the dow and the s p 500 up more than 4 a piece and look at the nasdac up nearly 7 , 6. 75 all up for the second month in a row so thats how we close out the month of may at least for trading. Lots of talk about today fox Business Team coverage we have blake burman at the white house, Jackie Deangelis at our news room in new york, Edward Lawrence reporting from washington, blake . We start with you on the north lawn. Reporter hi there, connell and melissa. President trump announcing at the white house several measures against china on the one hand, for chinas handling of covid19 , on the other hand, as well, for chinas crackdown on hong kong; however, as the
Strongly in the green on the day. Small caps up more than 3 on the day. The nasdaq composite yesterday erased all its losses for the year. Now up about 1. 7 on the year. Gainers today, energy, industrial, and materials. Basis, energy, tech, and a couple discretionary names here. We saw a pretty dramatic move on the short end of the u. S. Treasury curve. Traders still pricing in the prospect that we could hit negative rates in the u. S. It will be interesting to see if that materializes and what that would mean. Scarlet and just a followup on what you were pointing out with regards to the different sector performers, energy, the best performer for the week. Week for the major u. S. Indexes. And the russell 2000 also doing better than good compared to its largecap peers. Lets bring back gabriella santos. One thing we should mention with energy stocks, weve seen oil prices now put together two weeks of gains. We havent seen that since february. Do you think weve seen the worst in oil, and