These companies have big time backers. The Plump Jack Group is home to a hand full of properties. On their website, youll find wineries, bars, restaurants, even a boutique hotel. Abc 7 niece brks krrks bc 7s a companies founded by gavin newsom got 3 million of ppp loans. Villa encinal partners. The name is traced back to the plump jack winery in np pa. Gordon getty is an investor. According to sba data, the Company Received a loan for more than 900,000 on april 14th, 2020. The sba expects 60 of the loan must be used towards payroll. Based on the data, which indicates this business retained 14 employees, if divided equally, each of them would have received around 40,000 to cover payroll. Over a period of three months. Hypothetically, that would amount to a salary of 160,000 per employee. Its unexpected for 14 Employee Organization to get nearly a Million Dollars. Reporter sean is a policy analyst for pogo. He specializes in tracking ppp funds. The purpose behind this program is to save,
Received emergency authorization from the fda. This is a treatment President Trump received during his bout with the virus in october. Again, this is a treatment, not a vaccine. Three companies as tra sevtr pfizer and moderna have vaccines developed. Moderna expects to file before december that starts a week from today. Pfizer filed and on december 10th, the fda Vaccine Advisory Committee will discuss. If approved, distribution could begin almost immediately. We believe we can distribute to all 64 jurisdictions within 24 hours of fda authorization. One private sector, c havs heal expects to be vaccinate residents of Nursing Homes within 48 hours. When a vaccine is approved by the fda, it will be the most reliable way to beat coronavirus and build a better bay area. Weve assembled the abc 7 vaccine team. Kate larson, luz pena and Michael Finney and more. Today abc 7 News Reporter luz pena talked with vaccine trial participants what they experienced of getting injected with moderna and p
And it is beginning to look a lot like a socially distant christmas as the rock center tree lights up and as we all mask up and get in line. It is thursday, december 3, this is Worldwide Exchange. Good morning, good afternoon or good evening and welcome from wherever in the world that you may be watching. Im Brian Sullivan thanks for joining us. Here is how your money and Global Markets are setting up their day. Futures not giving us a lot of clues. Were pretty much mixed. We had more gains for the s p 500 yesterday. Yes, another record. Your 28th of the year if you are counting at home the nasdaq 100 also hitting a new record today though, we also focus squarely on oil. Opec and its allies meeting today to try to hammer out a deal to extend production cuts through march. They could not get a deal done on monday. Today rush 1sia and other natio join the talks if no deal is made or they reduce the cut instead of extending the entire thing, oil prices and stocks could take a big hit, tha
Ama daetz. California set a single day record for diagnosed coronavirus cases with more than 13,000. The previous high in july. Were seeing the Positivity Rate spike. The 14day rate is 5. 2 . Thats an indicator of the spread of the virus. Another member of the trump family is infected. Donald trump junior tested positive and is quarantining in upstate new york. Rudy ghoiulianis son also test positive. He serves for trump. The citys Health Officer said today he expects the city to move into the restricti tivi purple tier as early as sunday. Abc 7 is committed to keeping you fully informed about the vaccine and when approved by the fda, it will be the most reliable way to beat this virus. We have assembled the abc 7 vaccine team. Dr. Patel, kate larson, andlars, to bring you the host complete cov most complete coverage and answer every question about the vaccine. Here. Reporter developmentdeve. Reporter developmentdeve. They have 40 million doses stockpiled. The fda said the Vaccine Advi
Needed if we cant flatten the curve quickly. We know and have seen in the past covid goes from zero to 60 Miles Per Hour quickly that were in a place today but that can rapidly change. Maybe not statewide, maybe just in the hand full of counties but further restrictions is what we open to avoid. We hope todays actions, our collective coming together and resolve to, you know, keep our protective behaviors up will help us stem the tide and bring the surging numbers down. Now, the states 14day Positivity Rate is 5 . Two weeks ago, it was just 3. 3 . Dr. Galley says cases have risen higher and faster because of a combination of factors like colder weather, more mixing, more reopening and greater travel. It is still unclear how the limited stayathome order will be enforced but dr. Galley is asking residents for their compliance and try to stay home between 10 00 p. M. And 5 00 a. M. Live in the newsroom, cornell bernard, abc 7 news. Thank you, here is look where the coronavirus cases stand