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We start off the day. In San Francisco, 48 degrees with that fog. Check out santa rosa, another foggy spot down to freezing morning. Could be dealing with some black ice there, 41 in concord. Oakland at 45. 45 for san jose. As we look to our afternoon we will see plenty of sunshine and those mild temperatures above average. 62 in San Francisco. Mid60ss for san jose and concord. Three to eight degrees above average. We will talk about the rest of the week coming up and now lets check in with a look at traffic and some patchy fog out there this morning. We are see something of that fog on the san mateo bridge near the toll plaza. I do want to start off with ia trouble spot in brentwood, chp has issued a Traffic Alert on vasco road this is due to a deadly accident so that investigation will take some time. The closure will be ....
Billionaires index. Raise 30 5ting to billion in hong kong and shanghai. Aviation in australia. Alice springs emerges as the ideal place to store passenger planes left idle by the coronavirus. Shery. Shery breaking news out of south korea. We are getting the preliminary thirdquarter gdp numbers and we are seeing the quarter on quarter the economy has grown 1. 9 , which is beating expectations of 1. 3 and this is also coming after its first recession since 2003. We saw a contraction of more than 3 in the previous Second Quarter. Youre on your, still a contraction of 1. 3 but its a much smaller contraction than was expected and it is also a contraction that has eased from the previous quarter. We have seen growth and strength when it comes to south koreas exports and manufacturing industries. Thirdquarter manufacturing actually growing 7. 6 quarter on quarter when you look at the details in the gdp numbers. We have seen the rebound ....
Ended too soon. And the afghan president orders and military to restart offensive operations against militants this after extremists act civilian targets are polluting a Maternity Hospital where they killed mothers and infants. Im dr thomas great to have you with us today as lockdowns ease across europe with people slowly returning to work and school later today the European Commission is expected to announce new guidelines for Summer Vacation travel the new framework will lay out the conditions for reopening borders for schengen countries now under normal circumstances these countries allow passport free travel among Member States expected our new guidelines on hygiene for hotels and other tourist accommodations. Its anticipated that the commission will al ....
French group bucks the trerchd by confirming its dividend bnp says revenue is resilient. Saying the Economic Outlook is difficult. We should look at a return to normaliz normaliz normalized aspects is probably not going to happen this year. The return like in 2019 will not be reached before 2022 new car sales are almost completely wiped out in april, falling 97 . Levels not seen since 1946 as the coronavirus pandemic wipes out consumer demand. A clash of titans wework founder adam neumann takes the fight to softbank for scrapping the 3 billion tender offer that was paurt of a rescue plan for the Office Sharing group a warm welcome to street signs this morning. We are awaiting germanys Constitutional Court ruling on whether they overstepped the mandate purchasing bonds even if the courtrooms in favor of the centra ....
Markets could hit that Circuit Breaker limit. It is incredible when we think about the volatility. It doesnt seem like the Federal Reserves jay powell has calms kets by any has combed has calmed markets by any means. Francine lets get straight to the bloomberg first word news in new york city with viviana hurtado. Viviana we begin with the most extreme effort yet to slow the march of the coronavirus in the United States. The cdc recommending events of 50 people or more not be held for two months sports, weddings, parades, concerts. All of these are on a twoavoid list. The economic slump in china is worse than analysts feared be the coronavirus leading to factories, shops, restaurants enclosed across the nation. Industrial outlets plunging 2. 5 . Retail sales were down more than 20 . Now the first oneonone debate between ....