And temperature checks at the front door for all staff and children. We have provided all staff with ppe they can replace every day if they wish. Face masks as well as shields, as well as gloves. The Santa Clara County Public Health department is strongly encouraging Elementary Schools to apply for the waiver telling nbc bay area many are interested. I know that the county office of education from what we hear has been contacted by at least 80 schools and perhaps larger than that, but at least 80. Reporter Jewish Day School is another Peninsula School that says they, too, started the waiver process in hopes for reopening for in person classes this fall. Today a Santa Clara County Health Office confirmed four clusters of covid19 at costco. A cluster is three or more cases at the same site within 14 days. This comes after our story highlighted an outbreak in sunnyvale. Dr. Marty revealed there are now 13 cases at that sunnyvale store along with eight at the San Jose Center road location
Us over time significantly closer to what i have called the pre covid inflation path while allowing us to monitor how some Key Developments unfold. Taking off british carriers hitting the top of the stoxx 600 as signs point to a recovery in the industry. Oil prices rising on the news opec and allies will meet tomorrow in a signal there may be consensus onextending outpu cuts a warm welcome. We are waking up a day after the ecb meeting. Lets look at some of the Market Reaction to the meeting. The euro has climbed to a threemonth high while italian bond yield on the back of the decision to ramp up the stimulus plan the euro trading about 11 basis points higher to 11347. The ecb will double its Bond Purchasing Program to 1. 25 trillion euros the ecb president Christine Lagarde ses they still face a contraction of 7 this year. They dont expect inflation to rise leaving it far below the 2 target she said she hoped the boosted bond buying will steer inflation back to pre covid levels collect
Time now for the global exchange, where we bring you todays market moving news from around the world. From hong kong to jerusalem, washington to new york, our bloomberg voices are on the ground with todays top stories. In israel, Prime Minister Benjamin Netanyahu is facing a rare challenge to his lead. I am not sure i would see this day come. Reporter that is very true. Significant. Be it would change israels Political Landscape for the past kud itss and give the li first win in 20. They would have a better chance of forming a government after the third election of the year come march. David thank you so much. To turn to commodities. Oil is extending its gains as u. S. Inventories decline and optimism over a partial u. S. China trade deal grows. Youre right, those are the two drivers hitting oil this morning. Broken throughe a level on trade deal optimism, partially on risk assets. The santa claus rally really helping oil out. Another big story is the inventory decline. If it is confir
Betting. Carol and we have amtraks turnaround plan. You may not like it. Jason here is joel weber on the issue. Lets start by talking about trains. A big travel week. Maybe some people taking a train, flying, but amtrak is in a bit of a pickle. Joel amtrak has been a money loser for years. It has a new ceo who came from the airline industry, and they talked about his plan. A lot of people who are amtrak fans dont really like this plan of his. But it could lead amtrak to be profitable. Carol delays, delays. Never on time, right . Jason it is Richard Anderson, the former ceo of delta, not making a lot of friends out there. Maybe some people making friends, or at least feeling better about the economy, is almost everyone. Peter coy talks about this 180 folks have done looking at the economy. Joel just a couple months ago, it was like rain clouds out. Now it is winter, and suddenly the sky seems to be opening up and everybody is like, it does not seem to be so bad. A crazy time for the eco
Time now for global exchange, where we bring you todays market moving news from all around the world, from hong kong to berlin, to london, sao paulo, and new york. Our bloomberg voices are on the ground with this mornings top stories. , china said it would sanction and american organizations close hong kongs port. Joining me from hong kong, and the current hong kong, enda curran. Give us the latest. Enda what they are doing is targeting a couple of groups, including Human Rights Watch and freedom house, for sanctions, and putting a stop on u. S. Navy ships coming to hong kong. But we dont really have many more details beyond that. We know that there are already some restrictions on ngos operating within china anyway, but the big take away is they steered clear of any economic issues, anything that would upset the trade talks, which are , by all accounts, still on track. There was better news on chinas economy today. But the official and private sector pmis pointing in the right directi