Hopefully this is going to help increase our revenue so we can have more employees and pay all the bills. Restaurants reopen and starting this weekend as today in the bay starts right now. Good friday morning to you. Thanks so much for joining us. Well check in with mike in just a moment but what rough weather for the restaurants to reopen. Kari hall. It will be clearing out later today but we have lingering showers for the morning commute. As you get ready to head out we are seeing showers over the south bay, east bay, as well as the north bay up around napa. So were still looking at the possibility of this rain adding up on all of those heavy rainfall totals that we had and seeing a wintry mix as we look at upper elevations. As we head over toward the south county those rainfall totals have been pretty impressive. Well take a look back at those in a few minutes but snow on Mount Hamilton right now as well as some spotty, light rain in parts of the east bay. So im watching all of this
Out of 5 segs laeout of 5 segs s out of 5 segs laessions last we. A lot of that potentially around the possibility of vaccines. Well talk to dr. Scott gottlieb about that pfizer already saying that its made several hundred thousand doses of its vaccine they could have 100 million ready by the end of the year if they receive approval. Lets look at whats been happening in the treasury market this morning as well last week you did see those treasury yields under some pressure this morning back a little higher yielding 0. 774 . Thanks, becky busy day ahead lets look at the squawk planner. A group of Oil Ministers are meeting today. Theyll be talking about the weakening demand and increased output by some members immediate action is expected on the economic front, fed chairman jay powell will be speaking at the International Monetary fund meeting at 8 00 eastern time then we have some earnings news. Ibm, the big name to watch its going to be reporting Quarterly Results after the bell of cou
Joe, whats this about what do you think is going on in the market, joe . I think this is an asbestos luts perfect technical correction that were experiencing and we have been experiencing from the beginning of the month i talked about it with you i dont think the time is now to be stepping in and thinking that its over. I agree with your opening. Tlp is further weakness that lies ahead for the market. Lets keep in mind theres significant weakness in germany. I know jim talked about apple being higher for the day as a good positive indicator. Apple should be higher wasnt able to sustain that its in a bear market. As long as apple remains under some pressure, you have to believe the overall market will have a bit of its own problem, dont you think. Possibly. First of all, we needed a correction whether its because the case, the daily case in europe are now ahead of the u. S. Or the debates next weekend or the election coming up we needed the sell off this is great thing. Investors have t
Even more so but temperatures will be warm with highs back into the mid 80s. Inland, 60s and 70s along the coast in bay talking more about your 4th of july weekend forecast still to come back to you. All right, thank you very much john we do want to begin this morning with the very latest on the coronavirus pandemic record breaking cases in the u. S. Have triggered reopening. Rollbacks in nearly 40 states in fact yesterday the u. S. Had the most infections recorded in a single day with california leading the way. We had more than 9700 cases reported texas saw 8,000 in total Johns Hopkins University Reported more than 50,000 new cases across the country yesterday and that brings the total number of positive cases here in america to more than 2. 6 million with more than 128,000 people, dying and experts worry that if things dont turn around soon we could see eventually. 100,000 new cases reported each day. Heres a look at some of the numbers were seeing across the state again as i mentio
The u. S. Investigates an alleged fraud to assassinate the American Peace envoy to afghanistan and waiting to be reunited a father who is one of thousands of palestinian separated from his family because of coronavirus. The at the end thank you very much for joining us a former canadian diplomat and a businessman have been charged with spying in china in a case set to increase diplomatic tensions between the 2 countries michael cole reggae is being held in beijing and businessman michael spade or he was chaunge in a city near the north korean border theyre accused of spying for state secrets for a foreign entity both were detained in late 2018 soon after the arrest in canada of men wang joe a Top Executive at chinese tech giant huawei shes a daughter. And hes facing extradition to the u. S. On fraud charges over trade with iran now those developments come as australias Prime Minister says a state base is behind a major cyber attack there he wouldnt say who but there are suspicions it s