Acknowledges like robinhood yesterday restricted trading in gamestop and other volatile stocks. Robinhood eased up on those restrictions today but the backlash has been fierce. Here is reaction from conservative radio host Rush Limbaugh and bar stool sports Founder David portnoy. Its not just political now. The elites are Bent Out Of Shape that a bunch of average, ordinary users have figured out how to make themselves billionaires. Everything is rigged in favor of the elites. This has upset the rigging. I think its criminal. There has to be an investigation and people have to go to jail. Whether that actually happens i dont know. But ive never been more convinced about Market Manipulation and the people, the hedge funds controlling the game. Harris robinhood ceo is defending the decision. Watch. We had to make a very difficult decision to protect our customers and our firm. This decision was not made on the direction of any market maker. We are in a historic situation there is a lot of
House democrats accuse apple, google, facebook and amazon of abusing their market power and that Congress Needs to rein them in. Eli lilly asking the fda to authorize emergency use for its experimental covid19 antibody cocktail those shares are rallying ahead of the open. Jim, markets trying to do a bit of a reset now as goldman weighs in this morning and says airline stimulus likely, further ppp probably not likely. What are we . Well, i mean, i think that the market went down after what the president said the president was talking about market hitting new highs and the only person that was sending them down was him. I think he does react. I think it is probably, youre not going to get that, say, listen, the dow was down, there is really in other reason. He completely dismissed Speaker Pelosi i dont know what he did with what secretary mnuchin was speaking about, whether there were phone call going on and they were irrelevant obviously he addressed the fact that the senate was interes
Back to big story. Were following tonight, todays visit to california by President Trump is not only highlighting our Deadly Wildfires but also the strategies used to prevent them. Catherine heenan host of inside bay area politics is here with more on that catherine yeah grant and soon as we did hear it again today of course governor newsome. Focusing on Climate Change almost exclusively and President Trump focusing on Forest Management. Newsome pointing out correctly most forest land in the state is federally owned still should our leaders be addressing both concepts more thoroughly Climate Change and Forest Management. I asked our political analysts. Over 45 of californias 33 million acres are controlled by the u. S. Forest service and therefore its measured budget has all gone to fighting fires. So trump can blame this all in california. And you can remove Climate Change from the equation. The droughts are killing all vegetation that are tinder for fires. We didnt have fire tornadoe
Other countries in europe, in a roundtable discussion inside cal fires hangar governor newsome thank the president for the approval of 14 firefighting grants and the federal Emergency Declaration as fires scorch millions of acres across the state knew something knowledge more work needs to be done with managing california wetlands, the majority of which are owned by the federal government but in a respectful exchange the governor told the president the fires are result of the Climate Crisis please respect and i know you do. The difference of opinion out here as it relates to this fundamental issue on the issue of Climate Change absolutely appreciate that the president committing to strengthening the state and federal partnership to double down on vegetation management. But without mention of Climate Change were working on that very hard together and. I think were totally in sync i really think were totally in sync. His visit here in Sacramento County lasted about 2 hours and then he le
Watching kron 4 news at 10. Morning. I felt her face i fel leg. I was ready just tackle work get back into it. Some good news, its back to work for some Business Owners in San Francisco hair salons and barbershops finally got to serve clients. Indoors today for the first time in 6 months. Thanks for joining us on this monday night, im ken wayne and im pam moore kron fours taylor visits salons and shop owners today who say bookings filled up quickly she joins us live now with more on that first day back at work taylor. Then it feels like were getting a little taste of normalcy back here in the city, you know a lot of these businesses and of course clients were very excited for the first day back. Here at monarch salon they were very busy actually just finished out of their last klein about 30 minutes ago and for these hair salons and barbershops this usually means that its a one stylist taking care of these one person at a time theyre leaving a window in between to clean for the clients