On top chinese officials for now. Joining us to break down the day that was, abigail doolittle. She has been following all the market action. Curious what you make of the whiplash today and why investors were not more optimistic about the vaccine news. Abigail another volatile day. Today, a bit jittery. There was a point in time where it felt like you were going to see a bearish reversal. It did happen for the nasdaq 100 and the new york faang index. The tech stocks and stayed home stocks did go lower. At the beginning of the day as you were mentioning, we had the surge and optimism around the moderna vaccine, that perhaps it is going to be the cureall and could come earlier. But, that is far off. When you put that together with the fact that the dollar and this is boring in a way because the dollar has been one of the big drivers for stocks and raise gaskets risk assets. The overnight, the dollar had been down 6 10 of 1 . On the open, down have a percent. When the dollar paired its lo
Really. Northern california and Southern California. Here are the rankings. Here are the rangings. The top five counties all in Southern California. L. A. , riverside, san diego, orange county, san bernardino. Thats 71 of all californias cases. Meanwhile the cabrera counties of santa clara,al need, a San Francisco, san mateo and could notra costa county only make up 9 of the cases. It is hard to say why and some of it is luck but we have to sewell it has more to do with behavioral differences. Whether people are out and about more or not wearing masks. For example in orange county, the Health Officer was criticized so badly for not having mandatory masks she ended up quitting. While in the bay area there hasnt been any public outcry. L. A. Has more than a combined population of all the bay area counties bat 7 million. There are some differences when it comes the Outdoor Recreation culture. So cal beaches have been making headlines for being pakds. In San Francisco it was one of the fir
Because of strikes in support of the pre democracy movement. Of the pro democracy movement. And markets take fright from all the same, recurring problems. Trade wars, brexit and big currency moves well have the details. With more customers gearing up to buy cars online well speak to the company that bills itself as amazon for cars. But how much are customers missing out by not getting the personal touch in an Old Fashioned showroom . And you can be a part of the conversation. Do get in touch with your views on the stories we are covering or tell us what you are spotting in business. Let us know just use the hashtag bbcbizlive. Hello and welcome to business live. Welcome to the programme. Europes biggest bank is getting a new boss. Hsbc sastohn flint is leaving after 18 months in thejob because it needs a change in leadership to address a challenging global environment. Thats being seen be some analysts as a veiled reference to the us china trade war and the banks reported links to the
Next time we have to plan the trip together. But the fog with the heat. As you know, this time of year, lots of dense fog. Inland temperatures have been heating up. But near the coast and bay not so much. That will be the it are. 80s and 90s for the hot spot today. You can see temperatures for the overall trend. Remember, warm to hot wednesday. Cooled off thursday. And that warming trend continues for today. Satellite. We still have this. Low clouds and fog near the coast and portions of the bay to start out your saturday morning. And current it numbers as we check in on those. We have 50s and 60s. Santa rosa, 54 degrees. San jose, 62. Livermore in the upper 60s. And fairfield, 61 degrees. Heres our live camera. Starting off your day this morning. As far as eventual forecast later on today. A big temperature range from the mid60s coastside all the way to the mid90s. You can take your pick. Today probably one of the hottest days of the week inland. That means more 90s showing up for you
Congresswoman Maxine Waters called for the social network to stop development immediately. Says narrow link has successfully in place wires into its brain and enabled a control a computer. First, netflix tumbling after the streaming giant reported a loss of u. S. Customers for the second quarter. Netflix that it lost 130,000 customers in the United States as a result of higher prices and a weaker slate of shows. It is signed up 2. 7 million subscribers globally, also missing projections. Joining us now to discuss the underwhelming results, michael luca, who ofs course covers the company. Michael, this is the first time the company has lost subscribers since they split the dvd and streaming business. What is the type line here . Michael you know, i hate for poor luca, because he actually tweeted that he is tired of talking about this, but i think poor growth probably leads to subscriber loss domestically, and i think they are probably bumping up against a ceiling of what they can chargi