A fox business exclusive with the ceo on the muchneeded money the frenchowned bank threw in to pull it off in a new york minute. Plus, the Restaurant Industry paralyzed by the coronavirus lockdown but the Chipotle Mexican Grill ceo still has customers lining up around the block in their cars. Brian nichol with us live on the successful shift from casual dining to Curbside Pickup among the covid19 challenges. Lol surprise dolls were the hottest toy on the market last christmas but could next years visit from kris kringle already be in jeopardy . We have the ceo of lol and bratz dolls on helping First Responders even as his Family Member clings to life and his business is a little rocky. Its a Small Business rescue loan money now slowing and when we might all find out what Warren Buffett is doing with his huge cash pile. Less than an hour to the closing bell. Lets start the claman countdown. Liz all right. We just have gotten this breaking news. New York Governor Andrew Cuomo moments ago
That will filter into our neighborhoods and take our temperatures down just a little bit today. San jose where its clearer this morning about 49 degrees and 40 to 49 at 7 00. Notice the mid up toer 50s at noon and a whole lot of sun mid 50s to low 60s as we head towards 4 00 and how about some low to mid50s at 7 00. So, if youre going out for an evening stroll, make sure you take that coat. Lets get over to jobina and find out what is going on with the commute. Now, abc 7 news live desk update. A new shelter in place order is in effect for much of the bay area right now. Here at the live desk, im breaking down those new restrictions that come along with it. Health officials in seven bay area counties made the announcement yesterday. The extengdz for tsion for shel place orders until may 3rd. Sonoma, marin, San Francisco, san matoe and sonoma counties. So, playgrounds and dog parks are closed. Ts, pools and rock climbing walls are also closed. We spoke with people who are not happy abou
Their lives every day on the frontline, to Law Enforcement officers and First Responders, all of whom cannot work from home. To our businesses adapting to meet critical supply shortages, and to our public officials, and of course to our president. Americas best shine brightest when needed the most. All fighting to keep our country healthy, safe, and secure. And then theres us. Every day americans who have our own hopes and fears and struggles but still see simple acts of kindness and generosity all around us. We tell those stories tonight. Tonight, we highlight those helping to unleash the american spirit when its needed the most. Over the next hour, were going to tell stories, big, and small, of hope, inspiration, and every day heroism. The spirit that embodies america s strength and resolve in times of crisis, and continues to prove what makes this country the greatest nation on earth. This is america together. [bells ringing] many stores are experiencing supply shortages. It does re
Street ceos are heading there this afternoon to discuss solutions in the next hours, as investors await some relief. Kelly . All right, tyler, thank you very much. We are all over this major moment for the markets today meg terrell has all the latest numbers on the coronavirus, which is now being called a pandemic bob pisani is watching another thousandplus point drop for the dow. Rick santelli is out in chicago watching the bond markets. Eamon javers is at the white house where a lack of details on the stimulus plan is adding to this selloff. We begin with bob at the New York Stock Exchange. Robert in the absence of nif positive news out there, the markets keep drifting lower. Heres the dow we had a little mini rally going here, not dramatic, but a mini rally. And around 12 30 right here, we had the word from w. H. O declaring it a pandemic here i think that took a little bit of steam out of the market as you can see, were sitting near the lows for the day. Whats moving . Three things
All that and much more on making money. Charles an indifferent session became one of high anxiety and selling. There is debate what is impacting the market most. First the World Health Organization held the coronavirus update, noting that iran finally reported numbers of those infected including two deaths. The doctor portrayed a race against time arguing the window of opportunity to contain the virus remains open. He urged everyone not to squander the chance to arrest this situation also noting that the window may close. That coupled with reports that u. S. Hospitals are gearing up for a pandemic triggered the selling. Then there were also comments from fed vice chairman Richard Claire reed today, who threw cold water on potential fed rate cuts this year, noting that the u. S. Economy is strong and in his opinion most Market Participants dont expect rate cuts this year. Weve got some major Market Participants who will weigh in on that. Meanwhile the selling is swift and has since stab