And early. This is like 1 30 a. M. So a lot of us sleep through this. But as we get into the later hours, and into the Daylight Hours of monday morning, theres still going to be rain out here to look at. Maybe even some isolated thunderstorms still to be tracked for monday. Thats also coming up in the complete forecast. In the meantime, if youre wondering how weve done so far, about a quarter inch of rain for the north bay. Oakland, youve got a quarter inch as well. Ill see you with more with the rest of the forecast in a few minutes. Our other top story at 6 00, the covid19 crisis claims a popular bay area business. If you want one last sand wish, or cookie from specialtys bakery, youd better hurry. Reporter the east bay anwas profitable before the coronavirus pandemics, still, that was not enough for specialtys to outlast the disruption from this crisis. Every sunday after church was part of his routine. But on this sunday, he drove up to an empty space. Were kind of shocked that its
Global supplies, chip supplies rather to huawei, this as taiwans Semiconductor Announces plans to build a plant in arizona. China sending signals in retaliation that has this market on edge. Is it a bluff . We will get the read from michael pillsbury. Also, Human Behaviors on a crash course with social distancing. I will explain why. All that and so much more on making money. Now in the green. The cp effect has started. Welcome back. Its been another eventful week for the market. One of the things were seeing is caught of tugofwar between commentary and observation versus realtime news and anecdotes. The financials got crushed on wednesday, after the Federal Reserve chairman powell offered a dire warning about the economy, more specifically the american consumer. Credit Card Companies were especially slammed. But then after the close on wednesday, mastercard updated its operating metrics. They show a sharp improvement year over year transactions. Every single week for the past four wee
Industrials up 225 points, about 1 , s p is up 26 and nasdaq future higher by 84. Markets are erasing early losses yesterday as more states announcing reopening plans. Earning season rolling on this morning. After the bell, attention to disney as theme parks remain close. Investors watching Video Companies tonight. The virus taking a toll on business for sure. Golds gym latest to file for bankruptcy protection, list of bankruptcies coming up. Growing concerns over shortages of meat, cosco and other grocery chains limiting purchases now and pay to go social distance . Frontier air to charge extra for passengers who want to sit next to empty middle seat, mornings with maria live right now. Maria Global Markets this morning, green across the board. The cac quarante is up 79 and dax index higher by 174 points. Germany Central Bank President warning that quick economic bounceback in europe is unlikely. The markets nonetheless trading up. In asia overnight markets in japan and china and sout
up for discussion as well. but that same official played down the idea that a broad range of deliverables would come from this trip. the two days that secretary blinken is spending in high stakes talks marks the highest level american to visit china since president biden took office. keep in mind, the visit was already delayed once. that was after the chinese spy craft was detected roaming over the u.s. president biden this weekend called that air space intrusion silly. i don t think the leadership knew where it was and knew what was in it and knew what was going on. i think it was more embarrassing than it was intentioned. so i m hoping that over the next several months i ll be meeting with xi again and talking about legitimate differences we have but also how those areas we can get along. reporter: the taiwan strait is likely not one of those areas at present. the white house recently acknowledged that china secured a spy base in cuba, back in 2019. president biden has
newspaper clippings and documents with him after leaving the white house, something his aides apparently refer to as his beautiful mind boxes, this as trump s defense comes under scrutiny even by some conservatives like carl rogue who say trump invited this indictment. plus, there s even more legal trouble for the former president as writer e. jean carroll s second defamation case gets a court date. we ll run through it all straight ahead. good morning and welcome to way too early on this friday, june 16th. we are all glad it is friday. i m jonathan lemire. thanks for starting your day with us. so one week after the latest indictment of donald trump, there s new reporting that pokes holes in one of the former president s defenses. despite claiming earlier in the week that he, quote hadn t had a chance to go through all the boxes that he took with him to mar-a-lago, former white house aides are telling the new york times that trump was unusually attached to those boxes