Be catastrophic for homelessness, covid19 spread, turn a recession into a great depression. High stakes vote on evictions. If it fails, millions of renters who cant pay could be forced out of their homes. Thanks for joining us, dion lim. Im dan ashley. The clock is really ticking on emergency bill to block evictions for millions in california. Current ban expires midnight. State Senate Passed ban an hour ago, waiting on the assembly to send it to the governor. Luz pena. Reporter the clock is ticking. If emergency bill is not approved by midnight, millions of californians could be evicted as soon as tuesday. Todays the deadline, its very important, very needed. Reporter owes four months of rent, holding on to this emergency bill that could extend eviction protections five more months. Worst fear is to be homeless. H. My daughter and its for me really stress. I dont have a job, i lost my job almost six months ago. And i dont know what to do. Reporter spends her days applying for jobs and
U. S. Markets, all three major market gages rising more than 7 . The dow with best august since 1984. Shares of zoom soaring premarket, ceo 4 billion richer in just a few hours after a huge jump in revenue for the company. An Appeals Court delivering setback to Michael Flynn rejecting bid to toss out charges against him. Amazon taking to the skies, drone delivery coming one step closer to reality thanks to the federal Aviation Administration. Mornings with maria live right now. Dagen checking global action, france factory activity slipping back into contraction, the purchase Managers Index below 50. Better use out of uk, rising above 55 showing growth. In asia overnight, markets fairly flat, south korea kospi big winner. President trump heading to kenosha, wisconsin to deliver law and order message. Cheryl casone with the headlines, hey, cheryl. Cheryl the former Vice President blaming President Trump for the uptick in violence in cities across the nation. He doesnt want to shed light,
800 points at its low as states like texas and florida roll back their reopening plans. The dow and s p now back in negative territory for the month of june. Does this take the vshaped recovery off the table, guy . Hi. Hi. That was a great toss from sarah to fast money. The market had a vshaped recovery, but the economy anything but weve talked for a while now that the Chasm Company the real economy and the stock market continues to widen out, until today at least i think somehow that gap is going to be close. Unfortunately i think its going to be closed by the stock Market Selling off. In terms of what happens today, i think the fact that states seem to be putting the brakes on things is a huge part of it, but dont discount at all the news about facebook i think we can come back in the fall and go back and say on june 25th when verizon started to pull ads from facebook, that was a significant event in the market 27. 90 in the s p 500 is the number i keep coming back to i dont think it
Where people cannot really go to showrooms . What is the bigger problem, selling the car as you want to make, or making the cars that you are used to making . Biggest challenge early on was getting back so that we could make vehicles. We had a lot of work to do to make sure we took all the necessary precautions, learned lessons from china, korea, from our work in making ventilators and masks, and putting that to practice to bring people back to build vehicles. I am proud of how will the team adapted to working from home, and our dealers who have been great partners, going mostly online for the sales process, and developing a clean delivery system. Everyone adapted fairly well. Lifelongu were a General Motors person, you grew up in michigan, your father worked at pontiac. Stanford Business School and then came back to General Motors, worked her way up. Havee last six years, you been the ceo of the company. You worked through the Great Recession, also through 9 11. Compare this situation
This is bloomberg surveillance. Im Francine Lacqua in london. Lets go straight to the markets. We are seeing a lift to the market somewhat but a bit flattered then what it was earlier on. 0. 4 . Oxx 600, down by the dollar is rising. Treasuries advancing. We had a little bit of momentum. We saw that historic rally. The dollar strengthening for the first day in nine sessions. The Federal Reserve extended its main Street Lending program which means it is allowing more companies to participate. That lessens the burden on banks that create the loans. Plenty more on that throughout the day. Thats get to the first word news in london with dani burger. Dani hi. Lockdowns across the world may have prevented about a half a billion coronavirus infection. That is according to the first peerreviewed analysis of the impact of health policy. It comes as the World Health Organization says people without symptoms passing on the virus is very rare which contradict speculation about the prevalence of so