Picture here. Dow jones industrials down 66, s p lower up, actually, by 5, the nasdaq is a bit higher, and stronger, up by 90 points. Its no wonder that traders are having a tough time deciding which direction to go, green or red. The Paycheck Protection Program just ran out of cash a few hours ago. Gone. Former ubs chairman robert wolf and round out savings bank ceo Sheryl Bowers weigh in on what happens to businesses at the back of the rescue fund line. What if they need the money still and whats going to happen to them . The number is staggering. 22 million americans now on the unemployment line as the workfromhome environment hits a major speed bump. The ceo of virtual headhunter upward is here on the new challenges of helping people find remote jobs as more and more companies let them loose. And the Hotel Industry was really among the first to be absolutely hammered by the coronavirus crisis. Strong leadership in troubled times is a premium but Remington Hotels just got a new ceo
Place for crockett and the surrounding community. Late last night the air quality has rebounded enough to allow that shelter in place to be lifted all schools in the john sweat Unified School District were closed. Were awaiting a News Conference to start any minute now. So we could get an update on the investigation so far. We know that just one firefighter was injured. This is a live look at the site now. First we want to turn to nbc bay areas thom jensen live in crockett with an update on the latest. Thom . Reporter good morning. Being this close to the site, you get your first look at how big these tanks are, these storage tanks. The two that burns are on the other side of this group that were standing in front of right now, the two that had about 3,000 gallons of an ethanol mix and this morning we got a good look from a perch above the damaged area at the two tanks that exploded into flames and burned for seven hours. It looks like they completely collapsed under the heat. Cal osha
How deepfake videos can make anyone appear to say anything and what the tech giants are doing about it. Markets overall slightly low, but reports two tankers are on fire. And well be getting the inside track on the business of increasing the visibility of your website through better Search Engine optimisation well be getting some top tips on how to boost your sites ranking. And deepfake videos are suddenly becoming more visible. Today we want to know how concerned are you about the problem . Are the big tech giants doing enough to counter it . Let us know what you think just use the hashtag bbcbizlive. Welcome to the programme. We start in the us where just days after pulling back from the brink of a trade war against mexico President Trump has a new target in his sights. He has criticized germany for over dependence on russia for energy and threatened sanctions against european firms involved in a massive project to bring more russian gas to europe. Russia meanwhile has said efforts t
Chips. The chips in this bag and the chips on this rack. I know it sounds like i agimmick. Maybe it is. But if you understand the zeitgeist of this market, if you really want to get it, these two types of chips tell you a great deal of the drama going on in the stock market and in the entire country. So on a good day when the dow advanced 130 points, s p gained 1. 03 , nasdaq jumped 1. 51 hallelujah allow me to explain. Lets start with these chips, the semiconductors. Right now theres a veritable feeding frenzy for the chipmakers. Investors cant eat just one. The etfs are going crazy. Buyers are chomping down on this stuff like piranhas in the amazon basin. Nvidia, obviously the not disputed leader of the group is up 87 year to date and 757 from its lows just 17 months 757 , people. On the other hand, though, this bag of chips is under assault. The price of a bag of potato chips has risen 45 while the cost of producing them has increased by about 40 over the last few years. But unlike
and the european union. it accounts for 85% of global economic output and two thirds of its population. it s a key forum for international issues but there are deep divisions over some of these, like the war in ukraine. one of the first leaders to arrive has been the british prime minister rishi sunak, whose indian heritage will attract extra attention. the bbc s south asia correspondent samira hussain reports. so the very eagerly awaited of rishi sunak, the british pm has happened. yes, he has arrived just a little while ago and when he arrived he was drated with dancers, there was the british high commissioner along with other indian dignitary, including the minister of state. before he gone on the plait he tweeted he is heading to the 620 summit and mate it clear what his three priorities are, stabilising the global economy, building international relationships, and supporting the most vulnerable but what he also mentioned, was the fact that russia s leader is not going