Trillions from washington, more printing by the fed, that is a shot in the arm for stocks. Look at this, the dow industrial is going up maybe 300 points plus at the opening bill. The s p up 33, nasdaq up close to 100 points. Investors are really shrugging off the new round of stay at home and lockdown orders. And restrictions, were new ones in new jersey, ohio and california. And, yes, another case of lawmaker hypocrisy. L. A. County supervisor sheila are cool voted to ban Outdoor Dining at restaurants and then promptly went out for an outdoor meal at her favorite restaurant in santa monica. Youd think theyd learn, wouldnt you . Weve got a big show for you. Were going to introuse you to monetary introduce you to monetary theory. You dont pay for anything. Youll meet the man who declared an autonomous zone around his bar. Now, that is defiance. And youll meet the california guy who is flipping burgers on the sidewalk because they shut his restaurant down. And today, yes, we have got a T
The fda, it will be the most reliable way to beat the virus. Certainly, the vaccine representing both our hopes and our fears and abc 7 News Reporter kris reyes spoke with a doctor about the worries that keep him up at night and kris, im really interested to hear what he had to say. He had a lot to say. The doctor is very confident about the vaccine calling it a bright light in this long, dark tunnel that weve been traveling through but he says distribution is far from a trivial matter and we need to prepare for dealing with plenty of complications. Neither the cdc nor the state of california are likely to get more granular than to say Health Care Workers and people over 65 in Long Term Care facilities are the first two groups. Reporter the question then becomes which Health Care Worker goes first . Take ucsf that is unlikely to get enough vaccines in the first shipment to cover the 30,000 staff. The complicated task deciding which employee gets the vaccine first and then falls on the
The vaccine developed by Oxford University doesnt have to be stored at ultra cold temperatures as some others, which makes is easier to distribute. The subfreeze by pfizer and partner biontech is one downside. The fda says a committee will meet december 10th to discuss an emergency use authorization which could start the Distribution Process immediately. Moderna is expected to file for an emergency use authorization by the end of the month. Its vaccine is 95 effective and can be stored at regular refrigeration temperatures, developed thanks in part to funding from dolly parton. While the u. S. Military is gearing up for what it calls operation warp speed to distribute one or more vaccines once approved, others are scrambling at the local level to give the series of shots. Abc 7 david louie spoke with a logisti logisti logistics sker logistics expert. It was Pretty Amazing to see how fast the testing ramped up, but vaccinating millions of americans once supplies become available will be
Using Curbside Pickup here in the bay area some stores did not see the large crowds that were anticipated, but that depends on where you did your shopping today kron fours gayle ong talked to shoppers in walnut creek. She joins us now live with more gayle. Vicki and can i actually spoke to a manager at lululemon where the wait time was about 45 minutes and part of the reason was because they were following Covid Protocols and up staying under the Maximum Capacity to avoid those lines Health Experts are encouraging people to stay home and shop online get your deals that way at least one person i spoke to got that message. Looking at the lines and thinking were glad that will be done most of our shopping online on black friday lines out the door at Broadway Plaza in walnut creek still stores doing their best to make sure everyone stay safe in the age of covid19 theyre doing a very good job with the social distancing a lot of people Wearing Masks out here a different story in the morning
With that light wind overnight, look at the temperatures, dropping into the low 30s in the north bay, 31 in santa rosa, 32 in novato, 33 in livermore with freezing conditions in the san ramon valley. 39 in oakland, cold for oakland, anywhere from two to seven degrees colder this morning, along the shoreline and your forecast calls for plenty of sunshine, upper 50s by noontime. By the afternoon weve got low 60s around the bay and looking at another clear and cold night tonight. Temperatures are going to stay on the mild side. Well tell you how mild and talk about the rest of the weekend, the week ahead, coming up. Liz . Lisa, thank you. Today is Small Business saturday as we mentioned, but no matter the turnout, some berkeley shops are getting some extra help. The city of berkeley raised millions of dollars for a relief fund. Abc 7 News Reporter luz pena spoke to the mayor of berkeley who says there are still more ways for the community to now chip in. Reporter may 2020 marked ten years