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Transcripts For KRON KRON 4 News At 9am 20240712

A confrontation. The officer was patrolling the area when they noticed a theft in progress involving multiple people. The officer tried to detain those suspects there was a confrontation and the officer opened fire. Still not clear this morning what caused the officer to use their gun. The officer sustained a foot injury and was taken to the hospital has also been placed on administrative leave pending the results of the investigation. We have breaking news from overnight. One person had to be rescued from a fire in San Francisco. Youre taking a look at video from the citizen app that was posted by the San Francisco Fire Department that fire started about 2 oclock this morning on powell street in the citys north beach neighborhood. Firefighters also had to rescue a dog. The person who was rescued was rushed to the hospital no word on that persons condition this morning. Also in the south bay clusters of covid19 positive costco workers are being treated for the virus across Santa Clara

Transcripts For KRON KRON 4 News At 8am 20240712

Been following all week here in the bay area are calls to defund the Oakland Police department and joining us to talk about the latest on that as well as the citys continuing fight against the coronavirus is oakland mayor libby shaft good morning there. Good morning marty good to see you lets begin by talking about the new Community Task force that is centering on reconstructing the Oakland Police department this is a big task force 17 people i can you tell us to give some insight on how its going to work. Well its a big job and oakland is doing it right we didnt respond to immediate requests by cutting 14 Million Dollars out of our Police Department but we believe that any further cuts need to be done with full analysis and full Community Participation and transparency and so the 17 Member Task Force will over the next 6 months really analyze what a 50 cut would look like how it would Impact Services how we could replace those services and also during that time oakland will be startin

Transcripts For KRON KRON 4 News At 7am 20240712

In berkeley investigating an officerinvolved shooting overnight. It happened at a cvs store on shattuck avenue the officer was injured during that confrontation. The officer was patrolling the area when they noticed a theft in progress involving multiple people. The officer tried to detain those people and there was a confrontation. Then the officer opened fire still not clear what caused the officer to use their gun. The officer suffered an injury to their foot and was taken to the hospital. No word yet on the condition of the officer, but that officer has been placed on administrative leave pending the investigation. And some breaking news from overnight. One person had to be rescued from a fire in San Francisco. Youre taking a look at video this morning from the citizen app that was posted by the San Francisco fire department. The fire started about 2 oclock this morning on powell street in the citys north beach neighborhood. Firefighters also had to rescue a dog and the person who

Transcripts For FBC After The Bell 20240712

From washington. Gerri, with the declines we start with you. Reporter thats right, jobless claims rising for the first time in 16 weeks. Stocks certainly didnt like it. The number above expectations and also above last week numbers. Also now these total numbers of claims in 18 weeks since those lockdowns started total 52 million. That is a third of the American Labor force. So you see these numbers disappointing. One bright spot, continuing claims. Tracking total number of unemployed workers receiving benefits, came in 870,000 less than expected. That is a bright spot. Even so all three major averages trading down. Nasdaq down more than two. Tectum blink big time. Apple, amazon trading lower. Microsoft had a good report yesterday but out with disappointing guidance still headed down. They say people are going into cyclical and value names. I will believe it when i see it on an ongoing basis. Tesla, planning to join the s p 500. That is ironic that stock being traded there. Gold, tesla,

Transcripts For CNBC Squawk On The Street 20240712

Lebeau a moment ago on the airlines and he is back with breaking news regarding american. Take a look at shares of american, the airline is announcing starting on july 1st, starting next wednesday, it will fill its planes completely remember until now it has capped its load factor or the percentage of seats that it would fill on a plane, it would cap it at 70 . Thats going to end as of next wednesday, also adding about 1,000 flights to its schedule in july so this is american saying weve got more people flying, weve got more demand and its time for us to fill these planes all the way. They stress people are still going to be required to wear masks, they will still be pushing the fact that theyre sanitizing planes in between every flight, but the time has come for them to sell every seat, fill every seat and no longer guarantee its capped at a 70 load factor. Guys, this is a day with a lot of airline news between this, the unions asking for another bayout and the airline ceos meeting wi

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