Nobody wants a second wave. The market starts the week on the upside again. Investors like the get back to work trend and there are several forecasts of imminent recovery for the economy. Secretary mnuchin says there will be a rebound july, august and september. The dow is looking at a 200 point gain first thing this morning. Thats close to 1 . A nice gain for the s p, close to 1 . The nasdaq will be up over a half percentage point. Now, the reason the nasdaq is up, because of this. This week, many Big Tech Companies report their financial position. Strong results expected because the virus lockdown has a more limited effect on these companies. Premarket, most of them are up. But look at oil. No joy for the drillers. They are looking at 12 a barrel and the worldwide glut shows no sign of easing. Over the weekend, the price slump claimed another victim, diamond shamrock. The drillers declared bankruptcy. The price of gas still falling, albeit slowly, about one cent down a day. The avera
Pandemic. Here in the bay area, there were more than 6900 cases and 239 deaths. And yesterday, the governor said more testing needs to be done until we considered lifting the shelter in place. The governor is about to speak. Lead by the extraordinary leadership, the by approximate the governor of illinois. 21 out of the 24 largest student loan servicers in the state of california have agreed to a 90day foreperson on student loan debt. Impacting over 1. 1 californians with loan debt. No burden now placed on them over the next 90 days. No impact to their credit rating. No late fees or fines and actual support on terms of getting new payment plans in place for future process. I want to the 24 or 24 23 or 24 service for their willingness to step out and help support those that are struggling to pay their student loan debts. The second debt announcement we wanted to make is in relationship to the cares act. Many of you have received checks from the cares act. Some individuals received 1200
We told you it was coming, and on monday the Navy Hospital ship comfort docked in manhattan to the applause of new yorkers who were careful to adhere to the social distancing rules and avoided newly announced fines of up to 500. The ship has 1,000 beds and 12 operating rooms. Starting today it will take on noncovid19 patients to ease the pressure on local hospitals. Turning now to the conflicting messages weve been hearing lately about Wearing Masks. Hospitals are now straining under a dire shortage, but scientists overseas are now suggesting americans should have been Wearing Masks all along. Heres abcs steve osunsami. Reporter Health Authorities in asia, where the numbers of covid19 cases are improving, say that americans have it all wrong with face masks. The head of the Chinese Center for Disease Control tells Science Magazine the big mistake in the u. S. And europe is people arent Wearing Masks. Many people have asymptomatic or re har research ectis i thadrop scientist at universi
Its not hard to imagine this robot would get up earlier and be a whole lot more diligent than i ever was, but its not just simple tasks that are at risk. The Silicon Company ellie mae is developing computers replacing Mortgage Brokers. Jonathan coor is head of ell ellie mae. Before i get to the questions about how all of that works, i want to kind of understand what your company does. Where are you in this mortgage chain at ellie mae . We go from the initial consumer touch point all the way through the process to the Mortgage Asset being sold to the investor. All the way through . All the way through the entire process with, you know, kind of our vision which has been with established 18, 19 years ago was the mortgage process, its all about data and yet it is such an inefficient disconnected process for the consumer. How can we embrace technology to create a much more seamless stream. I want to ask you much more about the technology but i want one more clarification. Ellie mae sounds l
Well why, do they ache . He wished they could. laughter you mean they. Yes, and its so embarrassing the way they keep clicking. [mary] what . Miss livingstone, they click something awful. When he walks into an office building, all the elevators go up. laughter you sure you wont need me this afternoon . No, im positive. Mr. Bennys picking me up and were going out to 20th century fox. The movie studio . Yes, you see last week they decided to make the picture all about the life story of jack benny. Gosh miss livingstone, imagine, big studio like that. Ill bet mr. Benny is really proud proud, well, lets say that hes taking it just the way i thought he would. Hes um, hes, whats the word . Unbearable . Thats it. laughter good morning, rochester. [rochester] good morning, boss. Is my breakfast ready . [rochester] its in the kitchen, ive been keeping it warm. Splendid. laughter by the way rochester, i want to compliment you the way you prepared my bath. The fragrance was delightful and the bub