Policy speech. The city faces rising infection rates and a clamp from beijing. Joe biden names his Foreign Policy and Security Team as he with to calm Relations International friends and foes. He says america is back ready to lead. Haidi lets look at the set up at the start of trading. We are seeing some green shoots at the open, about. 4 higher. Global stocks as well as asian stocks continuing to be on a tear. We are watching keenly for developments in kiwi assets, given we had the rbc releasing its semiannual stability report. This is pushing the kiwi dollar higher. U. S. Ashed through . 70 yesterday and we are seeing expectations of negative rates dissipate even further. Unlovedtors rotate into areas, it may not mean the end of things that have been successful so far. John praveen is Portfolio Manager for qma. He joins us on the phone from new york. We are talking about what happens to big tech given the rotation trade gaining a more solid footing. Is it the behavioral changes, chan
Thats ali baba alone, while black friday was once the now known for outrageous door busters that caused consumers to line up in front of Big Box Stores like target, walmart and best buy 2019 was the 1st year in which more people shopped online than in store. For the most part, sales figures have continued to trend up over the last 2 decades. But the copa 19 pandemic has thrown a wrench in the works. The fact that many stores will not have in person a bed due to the pandemic, as well as millions of americans facing unemployment and a lack of another stimulus package to put cash in a customers pockets, has many wondering what we can expect from this Holiday Shopping season, so lets get some expert analysis from dr. Vankin shankar, director of research at the center for retailing studies that made Business School at texas a and m. And dr. Barbara stuart, the coordinator of retailing and Consumer Sciences at the university of houston. Thank you both for being here today. Dr. Stuart, i want
Using Curbside Pickup here in the bay area some stores did not see the large crowds that were anticipated, but that depends on where you did your shopping today kron fours gayle ong talked to shoppers in walnut creek. She joins us now live with more gayle. Vicki and can i actually spoke to a manager at lululemon where the wait time was about 45 minutes and part of the reason was because they were following Covid Protocols and up staying under the Maximum Capacity to avoid those lines Health Experts are encouraging people to stay home and shop online get your deals that way at least one person i spoke to got that message. Looking at the lines and thinking were glad that will be done most of our shopping online on black friday lines out the door at Broadway Plaza in walnut creek still stores doing their best to make sure everyone stay safe in the age of covid19 theyre doing a very good job with the social distancing a lot of people Wearing Masks out here a different story in the morning
News station. Now with breaking news. Breaking news out of Sacramento Police responding to a deadly shooting at a mall on this very busy shopping day. Thanks for joining u. S. Attorney and im ken wayne and im Vicki Liviakis the shooting was reported about 7 oclock tonight at arden fair mall. At least one person was killed another suffered life threatening injuries. The suspect is still at large. Police say this was not an active shooter situation and there is currently no active threat. We are still working with our sister station in sacramento to bring you the latest details and well pass them along as soon as they come in. We first brought you this story on our kron 4 mobile app make sure to download it to get the latest breaking news sent straight to your smart device. To another big story that were following for you tonight covid19 cases are skyrocketing across the state. According to the state Health Department there were 12,000 new cases and 54 deaths in just the past 24 hours. T
Francisco is using the california app. San francisco has a team of 200 contact tracers tracking the coronavirus progress. Weve been proud to say at host times we reach 80 of those who test positive. Were working hard to keep that going, were seeing it slip. Were in a surge. Now the city is using the california connected system. Using phones to help in the tracking efforts. Today San Francisco is rolling out a tool that other counties are using. Rather than replacing the team of contact tracers they will stretch their reach. How to quarantine properly and who that patient may have come in contact with recently. This is porsche. Were asking important. Were asking people to share the nams and mobile number of the close contacts. This allows us to reach out to those people and support them. Just as with the center tracers this will be confident. The aim is making sure they get the information about who may have been exposed. This is someone that people need to opt in to . When you get your