Their 37 employees. But with the federal relief funding that they received running out, they now have no more cash. The sounds of sizzling seafood are the same, but the chef at San Franciscos famous tattage grill is serving up a legendary dish for carryout only. The dining room of this landmark restaurant, empty in this coronavirus era. Friday the kitchen will close, with no date for reopening. Honestly, being in here and seeing just one or two or three customers come through a day, verses three, four, 500 was kind of sad. Reporter the general manager says the family tried everything. They told ktvu months ago they were committed to avoiding layoffs. But even after putting in their own cash and launching a out. With the end of their federal Paycheck Protection Program loan funds. And fortunately the money just ran out and we werent expecting to be shut down for this long. Reporter a devastating blow to San Franciscos oldest restaurant that has been around since 1849, surviving recessio
Employees who have been out of work now for months. The Second Quarter Gross Domestic Product plummeted 32. 9 between april and june. Thats almost a full third and its the sharpest decline we have seen in u. S. History. The drop in gdp is nearly 4 times worse than it was at the peak of the financial crisis in the Fourth Quarter of 2008 the previous record was 10 in the First Quarter of 1958. Turning over to the stock market and see how stocks are reacting to this dire news. The dow jones is down by almost 200 points, just a little bit more than that right now. S p is suffering a loss of not quite one half of 1 . The nasdaq is the only right spot if you count the addition of 52 points. Nasdaq is up by one half of 1 . You can see stocks mostly regained their footing after a very steep drop at the opening bell and after we got that labor news. Californias jobless claims were down last week despite a nationwide increase. Our state reported 249,000 workers filed firsttime claims during the
Will be without power at noon in the north bay thats where were seeing phase one happening right now these areas we see the pink and purple polygon to those are work. Pg hasnt actually shut off power so no customers are receiving electricity in these areas and you can see is fairly widespread in and around napa and especially along a highway 1, 1, you head up towards santa rosa from sausalito so thats where the power again is cut off at the moment, but later today around noontime the east bay and the south bay will also have the power shut switch flipped off in fact, lets go to san jose right now where theyre talking about their plans. In a moment, well hear from city officials we will hear from council excuse me vice mayor Chappie Jones as well as city manager dave sykes deputy city manager park this on pg a scheduled for today saw turn it over to vice mayor jones thank you. In close communication with p g on the plan Public Safety power set off. Late last night that they do not expec
Where you can charge your batteries things that you need and then and new today, were looking at hundreds of thousands of more people without power because the shuttles are happening in waves. Initially where the winds strongest was the north bay so they had their power cut off last night but this afternoon, the winds are really pick up in the east bay and south and so those are the areas we expected noon today to have the swit flipped and the lights go dark, means we should start in the Weather Center with john travel taking a look. Yeah guys and even though has been breezy overnight this past evening, the wars strongest of winds will those have still yet to arrive and thats why we still have so many more Power Outages just around the corner looking likely including areas in the east bay, your view from berkeley right here is going to be one of those very windy spots. Area where this camera situated at least that is under a redflag warning right now clear skies up above a dry day ahea
Critical area connecting this portion of Contra Costa County with the maze back and north for the morning commute. The generators in place. That is one point that were following as we kick into phase two affecting these areas and north bay was affected this morning. And highway 1 flowing through the devils slide area and same situation with the generators and the freeways are moving smoothly. It is the local streets and roadways that are concern as that kicks in and the evening commute and the afternoon progress because folks returning home may find signals on surface streets out and that is a huge issue, treat that as a fourway stop if there is no lights. Over here there may be no light and tomorrow morning. Through brendwood and 580 out of the Altamont Pass and those are critical routes and access to the area may be dangerous as we have unfamiliar lighting. And we had Power Outages this morning. Highway 12 had a ton of signals that were out and everything has moved out now. Back to c