Just one day after President Trumps valet tested positive. She tested the very good for. A long period of time and then all of a sudden today she tested positive. The white house now says theyre taking every precaution we have put in place. The guidelines that are experts at experts have puto forward on to keep this building safe. This as americas jobs market suffered a massive hit 20. 5 million jobs lost in april the highest number since the Great Depression enter a transition period. The summer. Before we have sort of readmission of the economy and i think that were not quite in the transition period yet. Its 5 that stocks barely flinch closing out the week at more than 450 points up we have to start all over again. And we will start all over again and well build something that was. Even better than we had before. Across the country in california. Were now learning the first known coronavirus fatality in the u. S. Died from a heart rupture triggered by the virus and on the first case
Nonessential businesses from offering Curbside Service business wanted creek say they agree with the countys decision to wait a little bit longer. Because why would i just be different. Logic is that were a part of the east bay, the census compare were part of that marketplace. Therefore e it makes sense that all the counties were together with what theyre doing. Well the California Retailers Association is working with Business Leaders in wanted creek on guidelines to make sure that shop owners are in compliance with phase 2. Those guidelines are scheduled to be unveiled at the chamber of commerce meeting on tuesday. Now to the south bay this morning where san joses Business Leaders are working on a new plan to provide restaurants a lifeline after the shelter at home orders are lifted. Its called san jose all fresco and the goal is to allow businesses to access public spaces, an outdoor facilities to serve customers. Many restaurants are preparing for a post covid19 world with fewer s
County alameda, San Francisco and Santa Clara Clara county. All reported new deaths today and Santa Clara County continues to lead the bay area with more than 2200 covid19 cases here is what it looked like a San Franciscos marina green today while some people did wear masks and did stay 6 feet apart. Others did not well people are not required to wear a mask while they walk or they bicycle for example, it is recommended and people are required to self distance from anybody who does not live in their own household, fewer people were out in Pleasant Hill today, many of those we saw were Wearing Masks and manage to keep their distance from one another here in the bay area beaches are still open. Although Officials Say a hard closures still on the table. If they see large crowds gathering this was the scene in pacifica this morning. Last weekend officers say they ordered more than 700 people to leave the beach because they say they those people did not live within 5 miles of the beach. Som
Continues on a global scale. A worldwide their market, the 11 year bull run here is over. The dow is heading to the 22,000 level. A month ago it was 29,000. It is the fastest selloff in history. The s p will hit bear market territory at the open today, down 20 from the february high, the same story with the nasdaq. More money is still moving into safe treasury securities pushing the yield down to 0. 69 as of right now. The latest news on the virus brings its impact home to all of us. Sport dramatically affected. The nba has suspended the season indefinitely. A few days ago they banned reporters from locker rooms. Now the whole sport is shutdown. The Seattle Mariners will not be playing any home games. The early baseball season is in question. There will be an announcement later on the nhl. Social distancing is apparent across the country. You can see it and businesses are feeling it. Theres a long list of conference and meeting cancellations that is barely hurting airlines, hotels and
Senators are accused of Insider Trading after they sold off their stocks just before the recent. International thomas certainly glad to have you with us. We start with the latest on the corona virus italy is shutting down all production of nonessential goods it due to the covert 1000 pandemic thats as the disease has now claimed almost 13000 lives worldwide and the number of confirmed cases has reached 305000. The production shutdown in italy was announced by Prime Minister just in the past few hours he said italy is in the grips of its worst crisis since world war 2. Today we decided to take one more step to government to production activity throughout the city but shes not essential to providing goods and services a program to. Italy has seen nearly 800 fatalities in the past 24 hours alone the pandemic has now killed more than 4800 talents significantly more than in china russia is stepping in to help italy the Defense Ministry will be sending a planeload of disinfection equipment a