Employees. Opponents of that push staged a no on 22 rally in front of uber headquarters in San Francisco today. In our continuing vote smart series, kpix5 reported that devin fehely delves into both sides of that debate. Millions of dollars are pouring into the battle over prop 22 with Big Companies like uber, lyft and doordash shipping in tens of millions of dollars to help define california gig economy, basically was considered an employee versus independent contractor. Threatened to shut down rideshare delivery services. Reporter the suspect flooding the airwaves with ads like this. It will protect drivers. Excellent the freedom, and the possibility of working in the gig economy. I do doordash to supplement my income while i am in between jobs. Reporter he has been driving for doordash off and on for years and he says he likes being an independent contractor, making his own schedule, and determining when and how much he works. He fears what might happen if prop 22 fails in his force
Morning and temperatures are in the 50s and 60s as we start out our date. As we head into the afternoon, low 70s along the coast. Upper 70s to the low to mid 80s on the bay and upper 80s to the low 90s inland and this is just the start as we are going to see those temperatures rise as we head into the 2nd half of the week. We will talk about our by jane fire danger in a couple of minutes. We start out with the Traffic Alert on 80. It is an overturned vehicle with injuries. They have at least one lane blocked and they have issued a special Traffic Alert. Expect bright lights in both directions. There are still not a lot of cars on the roadway but still slow as you work your way through there. We have seen that drive into the altamont pass, lots of brake lights coming out of tracy all the way to just about northwood. If you are heading into livermore valley. 33 minutes on 205 overturned 680. Breaking news right now. 2 homes on fire in santa rosa. Multiple crews are on the scene, right no
The opioid epidemic. The Justice Department announced the settlement today. Purdue has proposed a separate 10 billion settlement to resolve state and local claims. Onbal news, 24 hours a day, air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton, this is bloomberg. Vonnie welcome to bloomberg markets. Exclusive interview with former Federal Reserve chairman Alan Greenspan, his thoughts on the state of the was economy and the stimulus logjam. Markets are now lower and bouncing around on speculation whether lawmakers will finalize a stimulus deal. After thea announces bell today, all but guarantee to report a fifth consecutive profit. Markets,heck of the the major indices are down at this point, about a quarter of a percentage point of peace and they had been higher earlier. The dollar index is partially to blame at 92. 5 so lots of weakness for the dollar index partially thanks to sterling. Brexit trade talks are on
Does not end. Plus the secret of Silicon Valley company palantir will become the latest unicorn to go public this week. We will find out why 2020 is shaping up to be a banner year for new listings and thats despite the coronavirus pandemic. And tomorrow, the first president ial debate of the 2020 campaign. The fox bet ceo here to tell us how you can cash in on the political faceoff between President Trump and joe biden. Less than an hour to the closing bell, im Cheryl Casone in for liz claman. Lets start the claman countdown. Cheryl we start with Virgin Galactic reaching for the stars after two bullish calls. Bank of America Global Research initiated the Space Tourism firm with a buy and streethigh price target of 35 bucks. The stock is up more than 23 right now. Susquehanna with a positive rating. Definitely a stock to watch. From space to the air, Airline Stocks taking flight after American Airlines said it secured a 5. 5 billion government loan and it could tap an additional 2 billi
Possible and on testing the American People really deserve to know that when we began, as you said, mr. President it, was literally a standing start. We didnt have information on the coding of the coronavirus until midfebruary but americas cdc labs and Public Health labs did their level best. By the end of february we had done less than 10,000 coronavirus tests but as you Just Announced a few moments ago, last week we cleared 100 million tests all across the country. It is extraordinary. We have the capacity to do three million tests a day. It is a testament to American Innovation and the leadership youve provided. Also, mr. President , weve delivered to nearly 14,000 Nursing Homes in america point of care tests already and are making it possible for us to really keep focus on the most vulnerable. As you know only 8 of those who have contracted the coronavirus are in Nursing Homes but 40 of those that have lost their life have been in Nursing Homes. So weve surged those resources and s