About taking quote, drastic action to spread slow the spread of covid19 interstate and hinting at the return of the stayathome owners we all experience back in march. Health officials warn the trends are alarming compared to previous searches this year. 40,000 daily new cases of the verse reported last week that its likely that at least 12 of those sick will need intensive care hospitalization. The high case numbers we seen in the last week have not even begun to impact hospitals yet. We know that it takes about two weeks. If these trends continue, will have to take much more dramatic drastic action. California hospitals could be overwhelmed and i sears out of space by the middle of this month. These are troubling signs. And we have not really, we dont know what happened at thinks giving it. That will take a few more days to manifest itself. We dont know exactly what a new stay at home order would include. But we can look to recent examples. We have a harbinger of what is to come in Lo
A couple votes coming up including one for President Trumps nominee for the National Credit Union Administration board. You are watching live Senate Coverage here on cspan2. The presiding officer the senate will come to order. A senator madam president . The presidin officer senator from kentucky. Paul palm i ask that the folling be granted floor privileges, calem case, lucy, carlin gupta, and gab brie ella mastra. Thpresiding officer without objection. Under the previous order, all postcloture time has expired. The question is on the nomination. Is there a sufficient second . There appears to be. The clerk will call the roll. Vote vote vote vote the presiding officer are there any senators in the chamber wishing to vote or change their vote . Hearing none, the yeas are 58, the nays are 35. The notion nomination is confirmed. Under the prious order, the motion to reconsid be considered made and laid upon the table and the predent will be immediately notified of the senates action. A se
And covid continues to peak across the country, once again shutting new york city Public Schools down. With vaccines on the way but still not quite ready, we speak to 23andme ceo Anne Wojcicki. Could their research on genes and covid give us more clues on how to fight it faster . All of those stories in a moment, but first, u. S. Stocks dropping as fresh resections put in place to limit the spread of covid19 overshadowed positive news about Vaccine Development. Our Abigail Doolittle has more. Abigail, generally the markets were quieter today, but then it fell off late in the day. Abigail yeah, truly a sleeper for much of the day. Very small, fluctuating moves. Cyclical rotation trying to take over. Then new york city headlines crossed on top of the mta news around the subway. Earlier today, you had these two negative headlines. Of course the second one being that schools are shutting tomorrow until at least after thanksgiving on the 3 , sevenday rolling Positivity Rate here in new york
Claims came in better than expected, 709,000 signaling more improvement in the labor market. And treasury yields dropping sharply following yesterdays bond market closure. Thats putting pressure on banks, which are among todays worst performers though still strong performers for the week 59 minutes left in the session, sara every sector firmly in the red. Ahead on todays show, chipotle unveiling its first ever digital only restaurant this week without a dining room or a line for ordering we will speak with the ceo brian noccol about the strategy there. And Jeremy Grantham said he thought the market was a mccoy bubble we will get an update on his that it is since those comments. Disney, pal an tear and cisco reporting after the bell we will bring you the numbers as they happen. Mike, whats the market dealing with. Contending with worries pileup of news on the shutdown, on the virus, maybe getting worried about what growth is going to look like in the First Quarter or two the s p 500 was
Fitness centers cant open tuesday after all. Restaurants, indoor places of worship, museums, zoos and movie theaters must stay at 25 capacity, not 50 as planned. We have a look how this will impact businesses, anser. Reporter many San Francisco restaurants have been open for Outdoor Dining for the past few weeks. Many were gearing up for 50 indoor capacity next tuesday. Thats not going to happen. Many business hearleaders say t are not disappointed by the announcement but not surprised. This chef is heading into the weekend with a change of plans. Its pretty brutal having this come up again especially now. Reporter the chef and owner at the San Francisco Ferry Building says theyve been lucky during the pandemic. Theyve increased online catering and have Outdoor Dining but some businesses havent been able to open due to structural or Financial Issues such as no space for Outdoor Dining. Those businesses that are getting ready to open next week will have to stay closed. My heart goes out