We will hear from the head of west coast listings jeff thompson. Lucids desert oasis just finished a listing in san francisco. We will get a picture of supply and demand with first, u. S. Stocks started the month off by hitting records on stimulus talks and covert progress. Salesforce says it will proceed with plans to buy lack for 7. 7 billion to buy slack for 7. 7 billion. Slack prices up, salesforce had dropped. What do we see after hours . Abigail both shares are down. The idea that salesforce. Com would buy slack, now lo and behold, that is happening. As you mentioned, 27 point 7 billion in cash and stock. Some are wondering about the cash piece. Salesforce. Com does have a lot of cash, so using it here for this deal, and i think the bigger thing to take a look at is the fact that salesforce. Coms Ceo Marc Benioff has made more than 60 acquisitions, as you know, in his 21 years, making salesforce. Com the conglomerate of all these different pieces. Now they have this Communication
Of its employees accused of pulling off her mask and coughing on a baby. Good evening, im ken bastida. Few weeks mark a critical and im elizabeth cook. It happened friday at the juncture. Its very frustrating. Frozen yogurt shop. Police say the woman did it i myself am at wits end, but this is important. Because she was upset the i really feel as though the fate of our region, even our childs mother wasnt keeping nation over the next few weeks her social distance. About whether or not we can she has not been arrested or get a handle on this. Publicly identified, but the reporter the metric you district is urging people not want to keep your eye on is hospital beds. To take their anger out on the when we talk about critical mass, think about the situation the city of houston schools. A lengthy Statement Reads in part, violence or damage to is in right now. Our students schools only theyre between 97 and 100 serves to harm the very capacity with their icu beds population that those who a
We go in closer, can you see from loss gatos south of san jose, santa cruz mountains, the system will continue to exit out of the bay area. From the peninsula to the south bay, chance for a shower this morning. Were looking a nice spring weekend. First weekend of spring. 45 in san leandra. Cool 30s in the north bay. 39 in novato. 38 in santa rosa. Warmer this morning than we were yesterday, couple of degrees warmer will translate to a beautiful afternoon. 10 00, mid 50s and a few clouds around. We go through the 1 00 hour, were in the 60s, mid to upper 60s this afternoon. We could see a shower from mt. Diablo to mt. Hamilton. Well talk details rest of your weekend and a cold week ahead. Jobina . Thank you. We begin with the latest on the coronavirus count. Four related deaths reported in the bay area, now at least 11 total. Sonoma county reported its first coronavirusrelated death last night. So did cost a new overnight here, a resident at the altos at rehab center has tested positive,
A period of time. But trump is on the ballot. He is still on the ballot. The Supreme Court unanimously ruled think today that he cannot be removed from the ballot in colorado, really, any other state for that matter. And really what the ballots already printed up and colorado voters along with 15 other states heading to the polls and a few hours from even now on Super Tuesday, there was really no time to waste all nine justices agreed. Isnt a judicial love story in the making you had me at hello. God i love that movie well, a three Supreme Court justices must have had that movie on the brain today only it wasnt much of a love story and there was no ones screaming about kwon are showing them the money. Nope, this time the socalled Liberal Justices, sonia sotomayor, elena kagan, and Ketanji Brown jackson in a Concurring Opinion basically told her cat there are colleagues quit while youre ahead, you have them at patchwork. See you . I did there. Youre waiting for c. Rozanna day where you
Stress. Now, a month full of betterthanexpected Economic Data including u. S. Retail sales. The 10year, 4. 95 on the twoyear. 10year, 4. 6488. On the month so far, up by more than 30 basis points on the twoyear, 40 basis points on the 10year. Morgan stanley, for equities. Socgen, expensive valuation sitting comfortably with higher bonds yield. Lisa part is the right reason, part is the wrong reason. Retail sales came in betterthanexpected causing the increase of gdp positive for equities. The other side, it is stemming from increasing Inflation Expectations grading issues of how high the rates have to stay for how long. Jonathan we have heard the same thing from fed official after fed official. Patience and no urgency. Monetary policy is in a good place. Monetary policy is tight. Immediately after, hotter than expected retail sales. Lisa can they get ahead of this . Will he have the freedom to cut rates. It seems the market has moved on from fed speak. It seems the market is looking at