From suture tower at San Francisco. Didnt show you this he very much yesterday at least not early on because you couldnt see any of it that cloud cover was really blocking it out that is obviously not the case this morning visibility is just fine low clouds all but gone for most areas and thats the way were going to stay now theres some truly fog out towards the Central Valley. If you happen to be heading that way but not something were really looking at much here in the bay area aside from some patches of fog so do watch for those isolated patches closer to the coastline, 30s and 40s for most of our current temperatures oakland you are in the midfifties that much of this time yesterday now were at 46 degrees so noticeable cool down the at 43 while Napa Petaluma nevado same in and santa rosa. All our cities in the 30s this morning you can see how big of a drop in temperatures that is for some of these areas novato down 20 degrees from the same time yesterday thats definitely a differen
Anticipated ipos cnbc confirms that doordash and airbnb is expected to release the valuations in the upcoming s1 amendments and particularly door dash seems to be employing a technique that weve seen before from epic in doing this ipo pricing process and also getting quite bate of interest because of the pandemic right with so many more options like a three main options on the table now to go public, its interesting that door dash is forging its own way, elements of the traditional ipo with an auction process. Carl and jon, what is interesting about these two ipos, they were talking about this earlier, i heard leslie say something, benefitting in different ways from the pandemic also the strategy. They went to local smaller markets, particularly doordash going to the suburbs but, carl, you see airbnb, there were not many options to go to hotels or get great lodging in the smaller places thats all people want to do now. The they want to avoid the big cities and go, you know, outside of
Lot of money when you die, youre doing it wrong according to the author of a new book. Power lunch starts right now we welcome you to power lunch. Stocks lower the dow is down less than 50 points right now 3m and mcdonalds are two of the biggest contributors to that decline. Both reported results this morning. Well have details a bit later in the meantime, bob gets us caught up on whats been happening on the market today. Robert hello, william. Good to see you. We have one third of the s p reporting. Two stories. One is the reopening story is not going that well. The other story is cheer up. The Second Quarter was the bottom which is it . Sherwin williams knocking the ball off everybody is painting their house. The Home Builders are billing it dr horton, great numbers orders were way above expectations then theres the other side, companies saying we are not providing any guidance xerox didnt either. Raytheon didnt give any Harley Davidson was way below expectations mcdonalds were light
30 action this is the moment he goes on fighting we meet with global news makers and talk about the stories the on the edges there are a. Growing number of iconic brands are pulling their ad down from states where we think its going to lead them to rising patagonia just sun on the companies doing stuff for Profit Campaign thats incredibly strong and advertisers to the point that facebook is for allowing both racist and violent and verifiably all this kind of rooted into a long term boycott. Hello im Richard Geres person youre watching the listening post working from home here are the media stories were covering this week facebook gets hit by a big brand advertising boycott designed to get hate speech off the site will anything really change. China passes a new law in hong kong that has journalists there running scared well read talking heads and the bookshelves the just lose credibility plus with all those racist statues getting taken down who or what will take their place the 2 bigges
That witnessed one of the worst crimes of the 20th century the massacre of thousands of post. Special coverage of the 25th anniversary of the sort of the needs of genocide on and just a. Growing number of iconic brands are pulling their ads out of the states where we take you live there are rising patagonia just sound the companies doing stuff for Profit Campaign thats incredibly strong and advertisers to the point that pacemakers for allowing post racist and violent and verifiably all this kind of rooted into a long term boycott. Hello im richard just part of youre watching the listening post working from home here are the media stories were covering this week facebook gets hit by a big brand advertising boycott designed to get hate speech off the site will anything really change. China passes a new law in hong kong that has journalists there running scared well read talking heads and the bookshelves the just credibility plus with all those racist statues getting taken down who or wha