Kpix 5s kiet do on the reason behind the early decision. Reporter Santa Clara County was upgraded to the read tier nine days ago and even though indoor gatherings are still prohibited, there is redemption guides, k12 schools can reopen in as little as five days from now but santa fe Unified School District says there is no way they can do that in good conscience. Indoor guidance is prohibited. We cant rationalize bringing 30 students back into a classroom. We need to make sure the Community Around us is ready reporter san jose unified made the announcement last night that campuses will remain closed to students and Distance Learning would continue through the end of the year. Even though cases have been declining in the Santa Clara County, case rates are still high relative to march when the lockdown began. Right now the pandemic is not giving us evidence that we campsafeng our students back eporter they are in the parent the district agrees, saying kids benefit from routine so flipflo
What an interesting market. It is not a normal july, and simply, it is not a normal friday. Gold almost touching 1900, better markets in the last minutes off the better than good pmi data in europe. Francine we had betterthanexpected pmi in europe, but also the u. K. It is not moving markets that much, but it is something to keep an eye on. Lets get to first word news with karina mitchell. China has dropped back, ordering the u. S. To close its consulate in chengdu because of the u. S. Decision to close the chinese consulate in houston. China serves as a key u. S. Listening post. China says its action is a legitimate one and necessary. President trump has given into worries about the coronavirus. He canceled his florida nominating convention. That was going to be the biggest event of his reelection campaign. Florida just posted a Record Number of deaths from the pandemic. The president says he did not want to take any chances. There are still differences between Senate Republicans and
Francine a couple of days ago. They are close in condemning huawei in china. This is over a security law that china did in hong kong with the u. K. Offering to suspend the extradition treaty with china, something that china has not taken so well. Nott punish the u. K. By doing dont touch football. It is something that actually could simmer, but we had a great story on bloomberg yesterday saying that under president xi, we could just see a china versus u. S. , china versus u. K. , as he is ready to take on the world as being the strongman back home. Tom it will be interesting to seal. I will be emailing our chinese brethren, on crystal palace, i believe, sunday. Right now, first word news with karina mitchell. Karina bloomberg has learned there is a settlement in the Goldman Sachs case and malaysia. Elation would drop all criminal charges it malaysia would drop all criminal charges against the bank. China has struck back. He has ordered the u. S. To close its consulate in the southweste
Deviations. It is an historic surge in gold. Francine it certainly is, at we have been spending a lot of time on that and we will spend more time on gold. Lets get to first word news with ritika gupta. Ritika good morning. The fight over the chinese consulate in houston shows that hardliners now have the upper hand in the Trump Administration. President trump has allowed a small group of advisors led by Michael Pompeo to push u. S. Policy toward its most antagonistic in decades. U. S. Officials say china has a history of espionage and intellectual property theft. The Trump Administration and Senate Republicans are considering a shortterm extension of extra unemployment benefits. It is unlikely the white house and lawmakers will agree on a broader stimulus deal before the benefits expire. Millions of americans receive supplemental payments that were included in the last laurent virus package. Way for paving the soaring stock to join the s p 500 index. The electric carmaker reported thir
More than 1000 bay area teachers tell administrators they are not returning to the classroom until they feel safe. The top Santa Clara County Health Official is warning covid19 could spread like wildfire and only weeks and how he says that the state could step in. The governor announcing a plan to release 8000 inmates statewide due to covid19, how many are from here at san quentin and who will be released. It is just about 6 00 a. M. On this saturday, july 11th. I am devin fehely and lets start with the Weather Center. This morning looks exceptional and the one looking east at the sunrise is Perfect Timing with sunrise officially happening at 5 58. Here we are at 6 01 with the sun piercing the east bay hills. This is looking north over alcatraz up to marin county and that is the scene to the west with no marine layer this morning. Clear skies for everybody with temperatures ranging from a cool 50 at santa rosa to the warm 60 in san jose. The headline today is 100 degrees heat inland at