Cramer, david faber coming to you live from separate locations this morning its risk off following those onemonth highs from yesterday empire and retail sales for march were abysmal the worst on record. Below Expectations Oil below 20 earnings from citi, goldman, bank of america showed the major banks are, as expected, bracing for a wave of defaults some more than others when you look at the percentage of the total loan book at jpm and city. Jpm is the one that people decided wasnt that great. When i look at it, i think it had to do with tone. Jpmorgan, the crucial lines were something that were uttered by jamie, which were, look, may is not realistic. It will be june, july. The problem with basing everything on that is that you dont realize these banks are much more much better prepared than we thought you have a citi thats down from its tangible book value, its actual youll have multiples that are incredibly low because people feel the dividends are in question yet you have a tremend
School are removing the plants and animals from the school. It may well go past this week due to the chemicals discovered in the ground water. We are exercising extreme caution here because some testing that we did on an unrelated matter that turned up what is called tce. It is a chemical used for metal processing. It was discovered last friday while tests were being conducted near football field on an unrelated matter. The concern is that it is vaporizing and creating a health hard for students and staff inside the school. According to local and state officials, there are several sites that could be the source of the tce. The most likely is an old plant, lane metal finishers. A few hundred feet away. Thats a major concern. Her daughter is a senior there. This is quite disruptive for all the students. It is just the latest scare for the community in and around the school. Over the years, testing has found high levels of lead around the school. It was found in the water from dated metal
Landed today. Four passengers on the travis plane who tested positive for coronavirus are now at a nearby hospital. Another three were also hospitalized after developing symptoms. Three other coronavirus patients who were on that plane have now been flown to nebraska, along with their spouses. Abc7 News Reporter luz pena is live from Travis Air Force base. Luz . This base has 177 passengers who are not going anywhere. For the next 14 day, theyll remain under quarantine orders. Back on american cile, but still not home. Oh, gosh, fantastic. It was a trip home. Reporter bob and his wife were among the 177 passengers from the diamond princess cruise ship who landed last night at the Travis Air Force base in fairfield. We spoke to them over the phone. Theyre now under quarantine orders at a nearby hotel. Before they left japan, they received a coronavirus screening, then they boarded a bus to a chartered flight to the u. S. They sit on the bus for seven hours, no water. Couldnt get off the
Keys to the alfa bank castle. Chime is now in charge. Tech shakeups of the year. Abigail doolittle is in new york to break down the top Market Action of 2019. It has been a massive record run that i continue to be astounded by. Abigail it has been a spectacular year for stocks in the u. S. , really around the world. Sectorwise, when a difference a year makes. Sectorwise, when we think about a year ago, all 11 sectors lower, led by the defensive sectors, utility and real estate. This year, a completely different story. Up 48 on the year, its best year since 2009. That of course was the year following the financial crisis. Investors buying stocks hand over fist. That is the degree of buying power we are seeing perhaps that weakness last year has a lot to do with the buying power we are seeing this year. This year, nine of the 11 sectors up more than 20 . Interesting, one consistency between last year and this year, energy was the worst sector last year. This year, up 7 . Stocks on fire t
I want to welcome everyone to our first panel. Its ann amazing panel, probably the most important topic in emergence of a. I. And generative a. I. Language models and what it means the our industry, what i as we establish our center for Public Policy and responsibility through incompas 501 c 3 foundation, what we hope to do is to bring thought leaders together, theres no more Impressive Group of thought leaders than what a we have on stage who helped first lead google fiber and google wireless and has a tremendous background in industry,ou continues as a wt should i say, a startup . If a engineer . If no comment, yes. All of the above. Min gone clyburn, former mini Mignon Clyburn Mignon Clyburn, former fcc chairwoman, South Carolina commissioner, just a tremendous friend. Our competition has worked in advisory roles with the with the department of defense as it relates to a. I. And cybersecurity. But from a government leader and one with one who can speak for communities and organizati