On us sorry but Everybody Needs toilet paper or all buying multiple packs. The Health System put to the test. Being suspected corona. Families struggling to balance childcare and working from home. And what not far from the seat of the German Government life has been turned upside down. Your money its all here look bananas. I mean were well supplied those are leftovers theres enough for everyone theres really no need to panic. No need to panic no shortages supermarket manager Michelle Lind says these words like incantations the shelves arent empty because there are no goods to be had its because he wasnt prepared for the sudden spate of panic buying lint has been permanently stressed for days in these times of the virus hes even helping to stack shelves to get things under control again. Thats question one of your were going to make adjustments ourselves to i told my staff today that we have to react day by day and unfortunately i dont. Quit hold on a 2nd. Sorry but Everybody Needs toi
4000 with more than 200,000 cases of the coronavirus nationwide. Stocks falling yet again. I want to bring in romaine bostick. Is this investors waking up to the fact this is going to be going on indefinitely . Romaine that is what it is. The town changed tone changed yesterday out of washington. The cheerleading ran into the reality we are seeing a growing number of deaths. Where i have at in new york i am at in new york and the visuals on the ground, it is depressing and stark. It is reminder of how much longer we have to work ourselves through this Health Crisis and what that means for the economy. The idea youre seeing more cities and states begin to either impose shutdown orders or impose when they talk about the market response, the market is pricing in recession expectations, the idea the recession is deeper, longer, and the recovery may not be the v shape some were hoping for. Only one stock in the Dow Jones Industrial average, that was jumprt which had about. 4 today. When you
Trade iing at levels we havent seen in nearly two decades amid falling demand and an expected jump in production and the virus itself remains front and center. President trump e iine ining gus until the end of april as the u. S. Cases top 150,000 weve got great guests join ing us, the ceo of medical supply Company Henry Schein and the head of amid this turbulent market with 59 minutes left, we are up 2. 8 led by helhealth care, tech and Consumer Staples lets focus in on the big stories. Meg is going to join us with the latest on testing and treatment. Kayla has the latest from lawmakers and mike is tracking all the Market Action but meg, first to you hi, guys. Lets start with Johnson Johnson. That news theyve selected their lead candidate for Vaccine Development. Really moving their stock higher and causing a lot of optimism that well see a vaccine in timelines that are faster than expected companies saying it plans to tart human Clinical Trials in september. Months faster than they pr
Coverage, and im very lucky and you are very lucky to be here tonight with alexis wichowski, who is the author of the information trade how big Tech Congress countries, challenges our rights and transforms our world. Can you hear me without the mic . No. Can you hear me mean with it lacks also note. Alexis is the deputy where she runs a policy Experiment Lab trying to get vendors to compete for who can devise the best program to improve social welfare of citizens of new york. Shes an adjunct professor of communications at Columbia University and she spent a couple of decades studying issues extremely intense intensely as a member of the un mission, the state department and also thinking very deeply about them which is so clear from this book which i really admire. The [applause] this book maybe you want to start by taking a minute and tellingel us what those are and why you felt we needed a new category for them. Thank you for coming it is wonderful to see you all here. I think the bes
Along with other leaders from the San Francisco chamber, Chinese Chamber, business community, sf travel. We are all here because we are in this together. We are all here because we are working together to make sure that we are providing the city with the resources that it needs in order to make sure we get through this together. I want to start with state senator scott weiner to talk about the work they are doing at the state level to help us address this significant challenge. Senator weiner. [applause] thank you, madam mayor. First and foremost, i want to just say that i have complete confidence i in may or breed and the supervisors and the department of Public Health and the City Government is doing a great job here. We are very focused at the state level on the health of our community. No city or no county is in a vacuum. We are all in this together, and the governor and the leadership of th the legislature are focusd on this every single day. We are going to get through this. We w