This weekend, but again, these are fast moving pieces. Were looking at uber and lyft that might be exiting california because of some new requirements that they treat their freelance workers like employees. That could be a costly issue for them, so much so even though it accounts for about 60 of their combined business, the state of california alone they would still leave rather than put up with that. In new york city, forget about the virus, forget about eventually opening up gyms next week, the fact of the matter is, new york city is a safety concern right now with residents in once red hot real estate markets saying enough. It has gotten so bad theyre bolting. The visitors upon hearing this, theyre just not coming. So were following that. Right now were also following the drama in washington as at least the house considers coming back to deal with this postal issue. Chad pergram on that. What are we talking about here, chad . Reporter the house of representatives is going to meet on
Lines on the approving process for Coronavirus Vaccines. Were going to have the details and why is Contact Tracing failed to live up to the hype . Well get reaction from fox news medical analyst, dr. Nicole saphier. We have a big show for you, folks. Buckle up. All that and much more on making money. Charles all right, folks, markets, i wont say mixed because overwhelmingly most stocks are higher. Boeing holding down the Dow Jones Industrial average. The big story on nasdaq, they found new leadership if it is not facebook one day it is the semiconductors another day. Facebook of course, we know has been in the news but so has boeing which carried the dow yesterday. They lost a major, a big deal, 92 plane orders. Giving up gains they made on the 737 max jet test flight. Bluechips, from new york fed president john williams, he says he is seeing encouraging data that the economy has indeed begun to recover. Whether it is vshaped, he didnt go that far. Overall it has been aim press sieve s
His freemont factory closed. And boeing ceo on the record about the future of his company and whether all carriers will ultimately survive it is tuesday, may 12, this is Worldwide Exchange here on cnbc good morning, good afternoon, good evening. Welcome. Im Brian Sullivan thank you for spending part of your tuesday with us a look at your money and markets. Stocks coming off a mixed session yesterday, the dow down 109. The nasdaq higher again today. Nasdaq 100, if you are counting at home is now just 4 from its alltime high. We are going to show you how that stacks up against other global indices and well show you how the United States is still a haven. Starting again with the Global Consumer we are getting more and more signs of the impact of the virus or the lockdowns well get shocking word from toyota in the asian markets, we did see a weaker session unfortunately closing down around a tenth of 1 toyota down closer to 2 after we did get positive profit numbers for the fiscal year. It
Campaign was on life support. After losses in iowa, New Hampshire and nevada. Then he won the South Carolina primary on saturday, picked up a number of endorsements. Youve got momentum to propel him to this. States won tonight, seven states, virginia, North Carolina, alabama, oklahoma, arkansas minnesota and tennessee but dont count Bernie Sanders out. He won three states, colorado, utah and his home state of vermont. And as we said, california, the biggest delegate prize of all is leaning his way. There are still a couple states yet to call. You can see texas there as well. You need 1991 to be nominated, win the democratic nomination. At this hour, biden is leading, opening up his first lead of this entire primary campaign with 331 delegates. Bernie sanders at 269. Elizabeth warren who is still in this race trailing Pete Buttigieg who dropped out over the weekend. Where do we stand. We have 77 year old joe biden battling 78 year old Bernie Sanders for the right to challenge 73 year ol
Slicing through lee county, Sonoma County. The airflow is offshore and there is your breeze. Nap and fearful gusting up to 30. Nevada, 24. Highs today will be 74 in santa rosa. We do have traffic that is going to be okay if youre driving to the bay bridge. Lets go there. Traffic is moving along well. If you are driving up to the toll plaza it is light. We are looking at a commute where the east bay is off to a good start including the tracy commute so far and also its lets go back to the desk. Because of changes in the weather pg e now says we will not see the widespread power safety shutoffs first planned. The new plan for shutoffs will now affect 150,000 pg e customers and 18 counties around the state. That includes almost 43,000 customers in napa, solano and lake county along with part of Sonoma County. Though shutoffs are due to begin at 7 00 this morning. However pg e says later this afternoon Sonoma County will have a second phase of power safety shutoffs beginning at 4 pm. Emerg