A country eases restrictions and restarts professional sports and the biggest t. V. Network in the philippines is ordered to shut down after and lengthy dispute with president ordering go to take. The air one of the toughest coronavirus lockdowns in asia is to be eased even further hong kongs chief executive kerry lamb says cinemas and bars can reopen later this week while secondary schools will restart later this month a knock down was imposed in hong kong in march theres been no new domestic infections there for 2 weeks now elsewhere though the u. K. Is still in the grip of the pandemic it now has the highest number of deaths in europe and russia has reported 10000 new cases for the 3rd day in a row it brings the number of confirmed cases there to around 155. I found a worldwide more than a quarter of a 1000000 people have died this is the John Hopkins University corona virus tracker it says they are more than 3 and a half 1000000 confirmed cases across the globe. Is katrina you now
The previous four week i was 2. 7 million. This comes as the federal Paycheck Protection Program runs out of money. Thats the program aimed at Small Businesses struggling during the pandemic. The Small Business Administration Says its exhausted the more than 350 billion of funding for emergency loans and will need congress to commit more money to continue lending funds. And while there is optimism rent talks of reopening, some still say its too early. New York Governor Andrew Cuomo announced today he is extending the order they are, meaning all current restrictions and closures in new york will be in effect until may 15. Here in the bay area some new requirements are being implemented. Officials in fremont issued an executive order requiring people to use these coverings in public, that includes visits to Grocery Stores and other essential businesses. Also goes for employees at those places. The executive order is expected to stay in effect for the duration of the local emergency and c
Do one without the other. The guidelines provide a framework for lifting restrictions in three phases based on benchmarks like hospital conditions and a steady decrease in cases. In contrast, some state and local leaders have extended their stayathome orders until may 15. Californias order has no end date. In a call the president reportedly told all 50 governors to call their own shots. Something Governor Newsom said he appreciated. Recognizing that differentiation that exists in persisting terms of the conditions in counties and states across the nation. If they need to remain closed we will allow them to do that. Earlier this week the governor announced he is coordinating with oregon and washington i went to reopen based on their own six bench marks including developing therapeutics and the ability of businesses and schools to support social distancing. Lawmakers, Business Leaders and medical experts have said that the key to reopening is more testing. We will need to broaden still o
Weve gone from 18,000 on the dow to well above 24,000. Look at this. The dow is going to be up over 700 points this morning, firmly above 24,000. Thats a gain of over 3 . Weve got a 2. 5 gain on the s p and the nasdaq, 1. 7 . Now, that is a friday morning rally. Boeing sure helps. It is reopening plane production at a plant in Washington State. There are major gains all across the board, especially for big tech. We will have details on that in just a moment. But look at this. The price of oil, sinking. We were all the way down to 18 a barrel at one stage this morning and right now, we are back to 17. 77. Just as plans are being made to help the flat on its back energy industry. Gas prices, look at this, down again. 1. 82 is your nationwide average and its still coming down in wisconsin. Can you believe an average price in that state of 1. 25. I will say it again. 1. 25 in wisconsin. All right. Can you believe this. Speaker pelosi says no to more help for Small Business. The money has r
The milder temperatures this afternoon. Waking up in the low 40s and mostly cloudy and the sunshine already by noon will hang in the upper 50s at the coast today while we hit the low to mid 60s for our bay and inland neighborhoods and near 70 at 4 00 and still a very comfortable evening with mid 60s at 7 00. Reggie . Thanks, mike. Now that warning from at least one San Francisco official that we could see more citations for physical distancing or i should say the lack there of. Lets go live to the embarcadero where Amy Hollyfield has more on that. They have the signs here, but that wasnt enough this weekend. The embarcadero was one of a few places in the city where there were a lot of people gathering and police say they may have to start cracking down. So people are not doing the social tistancing that they would like to see. Heres a scelook at the scene f yesterday. The marina green was also a popular spot and this is happening with a shelterathome order in place. They have have cite