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Billionaire tilman will tell us how he is preparing. What hes telling his teams for what could be a cold winter for the economy. Power lunch starts right now day after the huge sell off, stocks have turned higher this afternoon as they try to avoid a fifth straight day of losses the s p and nasdaq are at session highs right now. Lets go to bob for more on these markets. Bob. Chop it around a little bit i listened to the powellmnuchin testimony. I didnt see any narrative around fiscal or Monetary...

I hope my colleagues, witnesses, and viewers are staying healthy and safe. I want to thank chairman pain and Ranking Member kane at the Emergency Preparedness respond and Recovery Committee for coming together with the Ranking Member and me to hold this hearing. We are here to discuss federal and state efforts to procure critical supplies in response to the coronavirus pandemic. I want to acknowledge the federal Emergency Management agency, which was put in charge of the federal governments resp...

The june edition of the World Bank Global economic prospects which relates this conversation, 5 global contraction on global gdp in 2020. It is the deepest global recession since world war ii, and the biggest collapse in income since 1870. Its informed by an assessment fundamental drivers of a long time growth, which will slow capital formation. The dislocation of trade among others. Beyond the headline Economic Growth number, the pandemic is having a disproportionate effect and lower income cou...

Symptotoms causese by the coronaviruss including a a temperature and a cough. On monday evening the Prime Ministers Office announced that on the advice of his medical team he had been moved to the hospitals intensive c care uni. Johnson has asked foreign secretary to deputize for him when necessary. The department of m ministrys in safe hands and the focus of the g government will continue be on making sure the Prime Ministers direction. Johnson tested positive for the virus on march 27th. Earli...

Neighboring Mendocino County reports at least four confirmed cases. Lake county still unchanged. No one testing positive there so far. And we are plotting the case numbers on to a graph so we really can see the trend here. This trend includes data for 14 counties, the bay area and surrounding areas. As you can see, we are still on an upward curve. And this is our first day with a new extended shelter in place order. It took effect for much of the bay area at midnight and includes new restriction...

Wow. I think ill take two. For the love oh. Center of tech, innovation, and wealth, what does Distance Learning mean for families with students in need. Hundreds of cots are set up inside one of San Franciscos Biggest Convention centers as the city turns this place into a temporary homeless shelter during this pandemic. Bay area 10 impacted by coronavirus, threatening a run strike. They want the governors help. Abc 7 news starts right now. Announcer now your health, your safety. This is abc 7 ne...

Wealth, what does Distance Learning mean for families with students in need. Hundreds of cots are set up inside one of San Franciscos Biggest Convention centers as the city turns this place into a temporary homeless shelter during this pandemic. Bay area 10 impacted by coronavirus, threatening a run strike. They want the governors help. Abc 7 news starts right now. Announcer now your health, your safety. This is abc 7 news. Tonight the United States has confirmed more than 215,000 cases of coron...

Now, g yesterday. Wii hotatn 4,000 chromebooks to get those students online, logged in and working. As the governor said, while the schools might be physically closed, class is still in session. That is certainly the message for all students and their parents across the bay area this morning. For now reporting live in san jose, julian glover, abc 7 news. Thank you, julian. Happening this morning, san jose mayor sam licardo will provide an update on how it is getting food to families in need. Don...

Hand sanitizer more because not quite as dry. I can tell the difference. Definitely a great day for Outdoor Activities today and tomorrow and then weve got the mother natures way of sheltering in place this weekend. The breezes are starting to pick up a little bit along the coast. Theyll pick up everywhere near bodies of water this afternoon and a little bit of a difference from yesterday where the breezes were minely confined to the coast. San jose waking up to Clear Conditions than we have the...

Use Alhambra High School in martinez as a temporary care sig site. The county expects to use the gym and kitchen area, but not the classrooms. The bay area is now up to more than 2400 coronavirus cases. Santa clara county continues to have the most case, closing in on 900. 30 people in the county have died. In the entire bay area, 64 people have died. Alameda, San Francisco and san mateo counties all have more than 300 cases each. To the north, mendocino and lake counties continue to see smaller...