We do have eyes on this press conference as soon as it begins it earnest we will bring it to you. They are walking up to the podium right now. That is the head of the Emergency Operations center. And we do know that there is going to be information. Lets go ahead and take a listen in. Sometimes they do those mic checks and introductions early, but lets hear what he has to say. Emergency operation center. Today we are going to have a briefing from the Santa Clara County Public Health officer dr. Sarah cody who will be making some brief statements. And then we will be happy to take questions. And to the Spanish Language media, we will be available to answer questions after the main press conference. So with that let me introduce dr. Sarah cody. Good morning, everyone. Its good to be with you, good to be back here. Thank you for standing as far back as you are because i do have my mask off. I havent seen you all in a while, and i just wanted to give you all an update as to where we are wi
The bill nar has the blews these days he will explain why his businesses are struggling and the things that could get worse beyond that and what hes trying to do about that power lunch starts right now yes, it does the nasdaq hitting another all time high today. Its on strachan for its sixth straight day in the green. Bob has more for us. Modest weakness on the day. That tends to mean tech will still out perform. Thats happening today. Its airlines under perform and transports and Logistics Companies like jb hunt and fedex tend to out perform. This has been going on since the coronavirus issue back in february and march and again you can see that happening today. Ben carlson pointed this out the top ten stocks by market caps are up 10 so far this year the top 50 are up 2 but look at the bottom 50. Down 39 thats not a typo. Thats a huge disparity. Its true big stocks tend to be important. They always move the market. Bottom line is they have never been more important than they are right
Until gail welcome to the program Chinas National Peoples Congress has overwhelmingly passed a plan giving beijing the power to impose new restrictions on public protest in hong kong prodemocracy advocates say the north violates the freedoms of Hong Kong Special one country 2 systems status in a joint statement the United Kingdom the United States australia and canada said the new legislation would curtail peoples liberties and dramatically erode the chinese territories autonomy. Disorder in the Hong Kong Legislative Council a democratic lawmakers struggled to get past security guards with a bag he said it contained a russian plant symbolizing what he said was the decay of hong kongs rule of law. And way of life chinas latest move against disobedience is imposing National Security laws on hong kong the National Peoples Congress Approved plans to move forward with laws against things china sees as a threat to its authority over hong kong the law would allow mainland security agencies to
In and sit down for a meal. This was the scene here less than an hour ago, a couple of customers sat down for breakfast on the outside patio. The owner tells us to maintain six feet of social distance inside, he had to remove tables. Out back, every other table has been converted into a busing station, since those tables are fixed in place, you cant remove them. At buttercream bakery and diner, further in downtown, that restaurant is putting up plastic partitions between tables and the diner counter for when theyre able to resume inside dining. At graces table, chef pando also removed tables, from 22 down to 11. But hes not worried about customer capacity forcing him to shut down. He says he has flexibility with his staffing and hell make this work no matter what. Even though were ready, is our Community Ready to support us . Thats going to be a little bit of a learning curve. What is going to come out of all this . How long is it going to be able to be full for 25 capacity . Everyone
Netflix up and gains by apple and facebook getting help this morning from what we see in oil prices. Youll see wti is up almost 10 . Up about 9. 5 to 23. 34. That is a big come back for wti. Thank you, becky. Oil market market oil thats been a lot of the story want to bring you other headlines. United airlines as mentioned, planning to cut about 30 of management jobs in october according to a company memo that works out to 2,400 white collar jobs and has also warn the pilots to prepare for displacement that it will let go about 30 of its pilots. The airline has accepted aid and if they cant may pay by the end of september 30. This was always the issue, if you are going to give government money and taxpayer money to the airlines, you are going to force them to keep people on the payroll, you are eventually planning to let go of them anyway, there is something off about how this program was structured we want people to stay employed but either restructure to a bridge where they can run t