And the markets already have a little bit of a hangover, seeing double vision the day after celebrating the dows historic leap to 30,000. The dow and the s p are down. Dow is down about 193. The s p lower by 7. But the nasdaq is sprinting to a record high. Will we see a record high close for it . We will be watching that and much more in this final hour of trade. Los angeles is exactly ten hours away from officially shutting down all Outdoor Dining for three weeks to try and get ahold of the superspreading of the coronavirus. Now we are getting word that the Companies Ready to move record numbers of your online holiday packages may have to shove those aside temporarily in order to deliver lifesaving covid19 vaccines when they are ready. But thats great news for iheart media whose live concerts precovid attracted hundreds of thousands the arenas around the nation. The stock has nearly tripled from its lockdown lows. The ceo bob pittman is here with the radio giants new secret weapon as
Streaming on cbsn bay area, we are looking live out at the city of san jose. Good morning everyone, it is wednesday, august 26th. Im michelle griego. And im len kiese. Good morning. First up on this wednesday morning, a check of our forecast. Mary lee standing by with that. Mary, good morning. Good morning to you len and michelle. And we are looking at unfortunately, another day of hazy and smoky skies. Now this morning, its not quite as bad as what we have seen even yesterday morning in comparison here. So those green and orange colors, yellow colors at least indicating that good to moderate air quality. But if you can see still some dots of red and purple and that indicates unhealthy air quality in spots for the north bay and portions of the south bay. And east bay. So because of the unhealthy air, the smoky and hazy skies, we have a spare the air alert in effect once again for today. And it has actually been extended through friday. So we are still looking at that smoke through the
From over. In fact, its only beginning. We have learned that within the past 24 hours, there was a 105 increase in patients admitted to the icu. During that same time period, a nearly 40 jump in hospitalizations. That is fueling a push tonight to get even more medical equipment into the state. And all of that coming as the u. S. Reaches a very grim milestone. More than 2,000 people have now died in the u. S. From coronavirus. Just thursday, there were 1,000 deaths. A startling jump in just two days. Lets begin our Team Coverage with nbc bay areas marianne favro. Governor newsom toured a south bay company and theres a new plan that could help a lot of people. Reporter thats right, terry. Before coronavirus, bloom energy was making fuel cells. But now employees have switched gears entirely, and they are now refurbishing ventilators. Now, dozens of those ventilators are on their way to hospitals across the state. Governor gavin newsom says with covid19 sending more californians into inten
The first model 3 built in china rolling off the Assembly Line and elon musk tells his employees quote, pay no attention to the stock price, unquote. Im Ashley Webster in for stuart. Varney company about to begin. Ashley lets take a look at the gains for the major averages this year. Wow, oh, wow. The nasdaq, 35 . The dow, 22 . The s p, a mere 29. 25 . Joining us now, market watcher keith fitzgerald. Fitz, for big gains for next year . What do you say . Why not . Oh, i think weve got all the right things in play. Weve got record consumer confidence, great economics, companies growing. This is a great time to be alive and be an investor. There is always a possibility of shortterm correction but you know what, even a busted clock is right twice a day. Ashley more and more of those socalled experts are calling for that correction. Ten, maybe 20 . Whats going to trigger that . Well, you know, its the same old stuff. It could be a misplaced headline, could be a misguided escomputers. They s
Francisco tonight. Friends man shot and killed by police. Our cousin died to do is taking up for the people in his community. So that they can have a prosperous life. Good evening on this friday. Im greg lee. And im christina rendon. The Bayview Community says they wish police would have used deescalation tactics before opening fire on 41 year old ryan bluford late last month. Police say bluford interrupted an arrest and pointed a gun at officers, forcing them to shoot. New at ten s amber lee was at a vigil for bluford tonight where Community Members called for peace. Amber gregg relatives tell me the men had been struggling with Mental Health issues, but that he didnt deserve to die. This way. They questioned if police could have done more to deescalate the situation on relatives, friends and Community Members gather for a celebration of life to remember. Ryan bluford, who was shot and killed by police here at the intersection of catalina and fairfax in San Franciscos bay view. I was