Grounds a 3rd of its pilots for fake or dubious qualifications. And Liverpool Fans celebrate the clubs 1st English League title win in 30 years. The World Health Organization says europe is facing an upsurge in coronavirus cases as the disease continues to ravage the americas the w. H. O. Warned some European Health systems risk being overwhelmed yet governments continue to lift restrictions in britain thousands of people took the relaxed a little too far cramming a south coast beach on the hottest day of the year the w h os europe chief says the virus is not done with the continent yes. To make the news to accelerate with a Record Number of the new group of those cases reported on sunday with 183000 confirmed in 24 hours last week saw an increase in weekly cases for the 1st time in months still here is caseload compares favorably with that of the u. S. And latin America Brazil has Just Announced almost another 40000 cases and more than a 1000 deaths of just the past 24 hours some u. S
Weve gone from 18,000 on the dow to well above 24,000. Look at this. The dow is going to be up over 700 points this morning, firmly above 24,000. Thats a gain of over 3 . Weve got a 2. 5 gain on the s p and the nasdaq, 1. 7 . Now, that is a friday morning rally. Boeing sure helps. It is reopening plane production at a plant in Washington State. There are major gains all across the board, especially for big tech. We will have details on that in just a moment. But look at this. The price of oil, sinking. We were all the way down to 18 a barrel at one stage this morning and right now, we are back to 17. 77. Just as plans are being made to help the flat on its back energy industry. Gas prices, look at this, down again. 1. 82 is your nationwide average and its still coming down in wisconsin. Can you believe an average price in that state of 1. 25. I will say it again. 1. 25 in wisconsin. All right. Can you believe this. Speaker pelosi says no to more help for Small Business. The money has r
Approximately 22 million. Those numbers basically wiped out the past decade of job growth nationwide, here in california almost 661,000 jobless filings were made statewide. That number is better than the week before but still roughly 16 times more than a normal week before the pandemic. Unlike the financial crisis with the pandemic there is no blame to go around. There are millions of people, businesses that are being affected by this virus through no fault of their own. As a country we have got to take care of those people. That was cbs News Business analyst who predicts another round of job losses after this one. Basically the companies that service the company that are already going out of business right now, thinking accounting firms, law firms and government workers. New at noon an economic recovery counsel is now tasked with making a 100 day plan for silicon valleys pandemic come back. These leaders nurse ers understands how we must be nimble and how we must incorporate those who
For the north bay this morning. We will see increasing clouds but a dry day today. A strong storm rolls in tomorrow so we have rainy and windy start to the day tomorrow be prepared for that. As we head through our afternoon looking at increasing clouds, low 50s for the coast, mid50s for the bay and inlet locations. Will time out the rain and wind with a strong storm coming up. Gianna. Good morning. As we checked the roadways so far so good if youre hopping out of heading towards 101, 280, things looking good and not a lot of cars on the roadways just yet. We are seeing a couple cars at the bay bridge but it really quite right from the toll plaza as you work your way into San Francisco but in the distance you can see some flashing lights. There is an accident for that 80 connector as you head into the maze heading towards the bay bridge. We are just seeing a few slow mental conditions on that westbound 80 commute as you head through there so give yourself a couple extra minutes. If your
For today high of 54 in San Francisco, 57 san jose and 53 for conker. Will time out the rain and the wind with his thick storm coming up on futurecast. Gianna. If you are headed out the door and you want to take a this morning the east shore freeway commute is a busy one. We had a crash and a second accident not to far from the same area causing delays as well this morning. Keep that in mind if you are commuting out of the east bay towards the bay bridge into San Francisco this morning. One accident west on 80 right at the maze. A second class reported was about 80 right at gilman and we are seeing of backup behind the accident. It looks like possible injuries reported. Planes block so that will cause some delays and getting dizzy at the bay bridge with the metering lights on. This morning a home in west oakland sits empty after the moms 4 Housing Group was evicted during a tense confrontation yesterday. Capex five jackie ward joins us live from there with the latest. Jackie. Reporter