Slowing just before everything clears up. Getting to the bay bridge, send it right back to you, laura. All right, thank you very much, mike. Breaking news were following for you that morning firefighters at the scene of a San Francisco highrise fire, the crews now say injured five people. This started a little bit before 2 00 a. M. On davis court just off the embarcadero near the plaza. This is video that was posted online on citizen app. We know that flames burned several units on the 11th floor and the building was evacuated. Some residents, we understand, have been allowed back inside. The fire has been knocked down. We know at least two people hurt will be okay. Our Cierra Johnson is gathering more information. She will join us with a live report at the bottom of the hour. To our top story in less than 24 hours a new nighttime curfew starts for all counties in californias purple tier which includes all bay area counties except San Francisco, san mateo and marin. This also covers ab
Moo its biden versus trump trump stock, trump stock. Both of which are going in surprising directions. If you you thought the election is over, the president is trying to do an end run around the results and fighting tooth to nail today the dow lost 222 point [ screaming the s p 500 declined points at 8 . Nasdaq dipped 2. 2 hey. I know it didnt feel like it was so bad but if you were in the nasdaq except for a couple of names, wow. They crushed it. Why dont we start there with next weeks game olympian . On monday morning we are coming in and, sadly, im betting we pass the 200,000 mark. Thats right 200 thousa,000 thousand cases an the virus is hurting business. If not monday, tuesday, wednesday, a question of when, not if i know there is a sense that we have had a big vshaped recovery which is terrific. But our inability to stop the spread is putting a crimp on business orders and retail sales. Just yesterday, work day, reported a solid quarter we have the coceos on the show but they me
Headwinds for the consumer and continued layoffs and Economic Uncertainty and the lack of additional stimulus from congress so can this consumer remain resilient. Pete, throw anything at the consumer and it seems like he or she will continue to spend it does seem that way its amazing mel by the way, its good to see you. When you break it down its about a couple of Different Things and stimulus is out there and by the time they get into two or just after the elections i think well start toy so more stimulus if we dont see it sooner than that, that will help, but anybody thats got ecommerce exposure and they have it on the Positive Side like target, like walmart and home depot, lowes and so many others and they have the digital side and retail is doing very, very well. If they dont, then many of those are definitely struggling and i dont know how many of those will survive and you have to have the ecommerce arm if you want to compete in this environment. Curbside pickup doesnt cut it for
Amazon also boosting, well, going up, of course, and apple, man, youve seen them both over the last day and this morning perhaps no exception, later today, we get the apple phones, prime day has kicked off, carl it is a big day. And as it was for yesterday, in terms of the stocks. Indeed, were within 2 of all time highs on the s p, trying to get back to the september highs, jim but i wonder if you think the lead this morning are these loss provisions at jpmorgan. I am surprised positively i think what has happened is people arent spending, not borrowing, credit card losses, fine Small Business loans, i dont know where the people are that theyre not suffering. This is it is not a happy maybe jpmorgan is lending better i will say this, david noticed this, there will be a call that goes on, simultaneously when we talk about it, and that call is going to take the wind out of our sails, david, if we Say Something really positive because there will be one comment and some comment that comes
Announce the launch of its 5g. Power lunch starts right now tyler, thanks lets look at shares of apple. Remember, they were up 6 yesterday. They were down about 1 as the iphone event began last hour they are now down 3. 5 so you really took a turn lower in the last few minutes there. Josh lipton is standing by as the event continues. Josh the event did begin here. Four new models so far introduced so apple is saying the latest and greatest technology, billing it as the smallest, thinnest, lightest 5g phone in the world, thats at starts at 699 and then the next model will start at 799. Then there are those that want the most Cutting Edge Technology for them apple offers the iphon 12 probe and iphone probe max. Theyre powered by 814 bionic chip that should mean a real boost in performance. New camera system in these phones thats very important to consumers. New Wireless Charging system as well it not just iphones either they also did announce a smaller, less expensive version of their ho