To try to avoid sliding backward. And marin restaurants being asked to reduce and what Indoor Dining to 25 occupancy. At 10 00, live with how that message is being received. Reporter they have seen about nine new cases a day jumped the past week, even doubled. Restaurants are being urged to scale back. Families celebrating his 60th birthday at their favorite restaurant, a milestone also because its the first and dining since march. The bug i might feel perfectly safe with the distancing. Even though we are inside. An steppes of utter heat lamps, other customers dining on a 50 degree evening. And they expect to ship more dining out here now that marin top officer once and for occupancy cut by half. If he thinks thats a good idea, we are happy to do that and go back to 25 . As long as we can stay there. Reporter arendt has been a 50 capacity in only a few weeks. The need to keep guests of part dictates how many can be served. There have been super spreader events described from restauran
A big move from stock, consumer launch from amazon big picture. This home in tech is about a new series of overlapping platform wars tiktok versus instagram. Sws versus aftezure julia, i would argue u. S. Versus china is shaping up to be a platform war platform war, jon, what youre saying is reciprocal trade. Were seeing this between china and the u. S. The question of whether it makes sense, safe for americans to have these chineseowned Companies Operating here in the u. S. Keeping in mind that u. S. Owned companies are not allowed to operate in china. Im talking about facebook i think its interesting to see how that dynamic plays out and this question of whether or not there should betiktok, mayb going to address that issue. Sand then apple, youre referring there, of course to this battle between epic and other companies that are participating in this new coalition. And apple in this battle over that platform. And those fees, right . Well, i am talking about that, and mike, im also t
Massive local tax increases. Anyone of those alone threatens to make this economic crisis even worse and the combination of all three is almost unthinkable. The bureau of labor statistics just reported that state and local governments laid off nearly one million workers in april. That is almost one million firefighters, police officers, teachers, Emergency Personnel that should be on the front lines of the Public Health crisis but are sidelined instead. Chairman powell, let me start by asking, do you agree that our economy will get worse if state and local governments are forced to lay off even more firefighters, teachers, any and Emergency Personnel . Let me say what we are doing. We have a liquidity facility that is there to address the shortterm liquidity needs that these entities have because of their loss of revenue due to the effects of the pandemic. That is really the tool that we have. I appreciate that. That is not my question. States,ion is if counties, and municipalities con
To this virtual hearing the honorable steven mnuchin, secretary of the department of treasury and the honorable jerome powell, chairman of the board of governors of the Federal Reserve system. We will receive testimony from the secretary of the treasury and the chairman of the Federal Reserve as required under title iv of the cares act. Congress has appropriated 3 trillion to protect and support americans to fight the pandemic and also to stabilize the infrastructure of our economic system. A large portion of this funding is authorized under title iv of the cares act which provides resources for loans, guarantees, and other investments from treasury and the Federal Reserve 13. 3 emergency Lending Facility and programs in support of eligible businesses, states, municipalities, and tribes. Title iv of the cares act provided 454 billion as an infusion into the Exchange Stabilization fund to support the Federal Reserves emergency lending facilities that facilitate liquidity in the marketpl
Hitandrun and vehicular manslaughter. He showed no remorse and would not discuss what happened. He gave no explanation, no reason, nothing. Reporter chp officer gabe walters says this tragedy hit some for him personally. We are in a small community. My daughter goes to school with them. Members of our church. Reporter lana was in sixth grade. Her sister is in eighth grade. Classmates and staff at Creekside Middle School are devastated. Such an unthinkable tragedy. Reporter Castro Valley schools superintendent as counselors are being made available. We will be really watchful of how they feel, make sure we support them, make sure they have time to process. Reporter neighbors and wellwishers have been leaving flowers at the scene of the crash. He did not know her but felt compelled to bring a sign warning drivers to be careful. Coming out to show people drive slowly. She made all the right decisions. It only takes one person to make the wrong decision to ruin everybodys lives. Reporter t