A somber ceremony marking the 19th anniversary. Of the september 11th terror attacks but this years rememberance has a different look because of the pandemic good evening. Everyone, im grant lotus and im Vicki Liviakis thanks for joining us tonight at 8 our top story this evening. Still smoke from those wildfires raging across california and oregon leaving the bay area with some of the worst air quality in the world tonight. And that smoke is expected to linger through the weekend. Our chief meteorologist Lawrence Karnow is here with the details on what we should expect lawrence we need that out of here. Yeah we certainly do and to get that out of here we need really a push for some good gusty winds right now were not getting that we just got a light breeze so there you go youve got sites like this all around the bay area that smoke. Just sitting right down on the ground and its unhealthy all around the bay area in fact right now youre looking at some very unhealthy smoke sitting acros
Right there is billion. Going to workers and they all higher millions of employees in this country. So yes, we probably need to do something so they are invested 50 million in profits during the good times and buying their own stock. And giving huge bonuses to to their their management. A bad time they want to see what the public bail us out. Well the latest version of the bill does include direct checks for americans as well which is something a sorely needed it would also increase Unemployment Insurance and would have money for Small Businesses to to help pay their employees while were dealing with this pandemic. What about here in the bay area on the south bay, several Silicon Valley companies are opening their wallets to help low income families that are suffering yet kron fours rob fladeboe tells us about a new Assistance Program designed to help people make ends meet. Well the covid 19 crisis is affecting the entire community low income an hourly wage residents who live paycheck
Increased employment insurance and money for Small Businesses to pay their employees will have to wait and see, but again Speaker Pelosi saying some time potentially in the next hour or 2 we could hear some good news out of congress will see businesses are doing what they can on a local level in the south bay, several Silicon Valley companies are opening their wallets to help low income families. Yeah weve got kron fours rob fladeboe with a closer look at that. Telling us about a new Assistance Program theyre doing. Well the covid 19 crisis is affecting the entire community low income an hourly wage residents who live paycheck to paycheck are struggling amid canceled events in reduced hours. Now they can apply for help with the rent and other basic needs through a new Public Private partnership announced during a virtual News Conference monday by destination homes jennifer loving. Our goal is to get resources immediately into the hands of low income people in Santa Clara County whove l
Corporations over employees they want more oversight of the money going to Industries Like the Airline Industry and cruz is to make sure that they dont use the money for executive bonuses or buy back stock later but republicans argue theyve already given the democrats enough. And it is time to get this bill passed right there is billion. Going to workers and they all higher. Millions of employees in this country. So yes, we probably need to do something to be invested 50 billion in profits during the good times and buying their own stock. And giving huge bonuses to to their their management. That time they want to see what the public bail us out. And you probably want to know when will a check in the mail. The latest version of this bill did include direct checks. 2 americans. Increased Unemployment Insurance and money for Small Businesses to pay employees. Ill let you know as soon as i get word that something passes. Meantime in the south bay, several Silicon Valley companies are taki
Definitely a flight to safety today and for the entire week when it comes to stocks in general. Lets take a look at this tenyear note, the yield on that, because it continues to move lower as investors are buying bonds, the yield moves lower. We havent seen the inverted yield curve with the three month this low since september. The concern from investors here, what theyll read into it, is that the Coronavirus Impact could potentially, potentially cause a recession, and so were getting that talk circulating back on the floor again. Meantime, were seeing a big move in gold today too, another 25, supporting the idea that people are worried about the virus, the notion that the chinese may not be telling us the whole entire story and that its moving outside of china quicker than we thought. The final point ill make about this is, yes, apple said it was going to have a big impact on its first quarter, but coke saying its going to take a penny or two off the ets, but were going to hold on to