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but we spoke with amc and cinemark. they're going to wait until some of the summer blockbusters arrive. >> that waste hollywood. and that is the overnight news for this wednesday. reporting from the cbs news studios in washi ton, d.c., i'm jeff pegues. captioning sponsored by cbs ♪ >> o'donnell: tonight, one million cases. a sobering milestone as america begins to reopen. >> every day, i think maybe today is the day the nightmare will be over, but it's not. >> o'donnell: dr. anthony fauci's warning to states about d alifora's gornons too soon. ju annuse these sit on oy this plane jam-packed? honoring healthcare workers: the thunderbirds and blue angels soar across the skies in honor of those on the front lines as thousands crowd to watch the dazzling display. and tonight, this picture of the vice president, without a mask, inside the mayo clinic, where it's policy for visitors to wear them.

cinemark better by 1.25%. let's flip it over to lyft. lyft announcing it started a delivery program for certain customers who need medical supplies and meals. those customers include health care organizations, government agencies, nonprofits in certain areas of the country. sprouts farmers market is expanding its grocery pickup nationwide by early next month. you have lyft down 4.5%, sprouts up 6.66%. >>> jpmorgan downgrading twitter to neutral from overweight saying the microblogging service's revenue decline could be steeper than its peers as it is heavily dependent on product launches, events and of course, live sports events which just are not happening right now so we've got twitter down 3.5%. >>> this is really an unbelievable and somewhat depressing issue here. what typically would have taken 14 years to happen, has occurred in just 14 days. we are talking about $349 billion now all gone, granted at a frantic pace by the small business administration. the coffers of the emergency paycheck protection plan, that program now empty. t

let's just say cinemark can open on july 1. what will they show?e big screen for that time. they would first start showing old movies. they would limit seating in the theater to -- they say they can make money if it's just 10% full so they would have to respect social distancing and obviously, shorter hours. but it just begs the question, i would love to go to a movie theater right now. do people feel comfortable doing that and what would they see? i can tell you this, because today, netflix has a bigger market cap than disney. that kind of spells the story for you. yes, disney is going into streaming but they also make a lot of movies, lot of the big movies that you see in the movie theaters. streaming is where it's at. we do know that the new "trolls" was released digitally. best digital release ever on easter weekend. so you know, are people going to want to go back into the theater and cinemark is hoping and making plans for that to happen. stuart: okay. we hear you. thanks very much indeed. there are concerns over the nation's food supply, mea

cinemark square in the hall to vent. you know usually this place is teeming with fountains of people gathered here there's no one no. a deathly harsh has descended on the city with its world famous cannot. everything is closed for the forseeable future. the tourists have left and venice's residents are heeding the strict lockdown imposed on italy since march and. most of the time cameraman marco polo and i find ourselves completely alone in the city's maze of alleyways. normally the crowds here make it difficult to cross the reality bridge now i stand alone by the grand canal the city's main thoroughfare. we can tell from the packaging that these are boxes of medicines that are being unloaded here the supply chain for the pharmacies appears to be working they are still open. the delivery workers letters film them but they don't want to be interviewed so we move on. the few others we come across give us a wide berth. somehow in this difficult situation it doesn't seem appropriate to confront them with a camera and a micro

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. >> ceo of cinemark, movies replaying popular films. hopes to reopen some theaters in july back to you. >>> the remodelling industry typically sees a boom during the spring time but a survey by national kitchen and bath said 70% of their businesses have been impacted with roughly half saying they've had project outright delayed or even canceled this as home builders reach the sentiment and suffer the biggest monthly drop on record joining me now bill darcie ceo of kitchen and bath. i have a particular interest i did a number of home projects. three things supporting me record low interest rates, rising stock market and home equity one of those things, the stock market, has been kicked from under that stool what is that doing you no? >> 68% of our members feel significantly impacted 50% projects delays and less than 20% canceled. the pipeline is still because pre-covid-19, there was a lot going on as you said, a lot of work to be done our members staying busy through the month here with that pipeline work. consumers seem to be willing to

cinemark only expects to sell half it seats to respect social distancing, they say they can even turnrofit with 10% of seats filled, and amc, the largest chain, may not reopen at all. company c default is imminent. but going to the movies as an american pastime, and theater has been dominated by big budget superhero movies and that audience doesn't seem likely to change their behavior in the long-term. even though content powerhouses like disney have. while disney dominated the box office last year with seven billion dollar hits, it's going all in and streaming on disney plus hoping to compete with netflix. the national association of theater says theater is where the money is made. out of 40 releases pushed back because of the coronavirus between march and june, only three went straight to home viewing which means the rest are hopeful they can make their money on the big screen when america is healthy again.>>> the mvp of super bowl l has tested positive for the coronavirus. coming up next in sports, mark will tell us how he's doing. ouch, okay. huh, boring, boring, you don't need to

cinemark only expects to sell half its seats to keep social distancing, and amc, the nation's largestmay not reopen at all. going to the movies is america's pastime, the ceo of steel has hopes the theaters survived, he says they've been dominated by superhero movies and that doesn't seem to change. while disney dominated the box office last year with seven billion delegates, it's going all in and streaming with disney plus hoping to compete with netflix. the national association of theater says theater is where the money is made. out of 40 releases that were pushed back because of the coronavirus between march and june, only three when straight to home viewing which means the rest are helpful they can make their money on the big screen when america is healthy again.>>> ktvu fox 2 news at 5 starts reopen the country's economy amid the coronavirus crisis. >> we can begin the next front in our war, which we are calling opening up america again.>> president trump says he hopes his plan will go in place on may 1. thank you for joining us this evening, i'm andre senior. >> i'm julie haener,

some stay-at-home orders are lifted but cinemark recently made a similar announcement. >>> gas prices continue to plunge in the bay area and around the country with dozens of station selling gas for less than $2.50 a gallon. aaa reports the average national prices dropped to about $1.77 a gallon. california's average price is $2.77. industry experts expect gas prices to fall even more with the current oil issues during the shelter place order. >>> caltrain has been taking advantage to get some work done. they are starting a major highway project this week. starting tomorrow night crews begin repaving an 11 mile stretch of highway 101 between canyon road and geyserville. and highway 128 in cloverdale. the first phase begins at 6 pm tomorrow. it is expected to wrap up on saturday. the crews will then work around the clock the following two weeks to complete that project. >>> this week there more changes for many bus riders in san mateo county. then announced another round of service cuts affecting almost all of the 29 roots on the peninsula. those cuts and responses directly low ridersh

amc and cinemark. coming up, we will talk to the imax ceo. they don't have any revenue coming in, either, from their screens but they can survive and rich gelfond will explain how. >>> closing bell ringing in 42 minutes. make that 52 minutes. we have the dow jones industrials seeing gains of 474 points right now and apple is shining after a surge in demand in china for its iphones. government data show apple shipped 2.5 million of its signature smartphones in china in march versus just a half a million phones in february during the height of the world's second biggest economy's quarantine orders. apple stock up 4.75% at $286 and change. >>> coming up, we've got a real power player in the market, fighting not one but two foes. utility giant pse & g's ceo on keeping the lights on during both the spring storm season and the pandemic. "the claman countdown" is coming right back. 're a veteran with a va loan, one call to newday usa can save you $2000 a year. how? by refinancing at today's all time low mortgage rates. and best of all you can do it

cinemark recently made a similar announcement. >> reporter: the pandemic is causing concern for someant woman about giving birth at a hospital. many are now turning to midwives and birthing centers as an alternative way to deliver their babies. cristina rendon has more. >> reporter: mac is six weeks old. born in march of the beginning of the bay area stay-at-home order, amid the covid-19 pandemic. the mom plan to delivery for months. >> i had considered doing an elective induction when i hit 39 weeks because this was my second baby. and a few hours before i was supposed to go in for that induction, all elective surgeries have been canceled. >> reporter: she became concerned about the risk of exposure to the hospital, and possibly not having her husband by her side. because of covid-19 many bay area hospitals are only allowing one support person inside the room during labor and delivery. >> definitely the risk of exposure was a huge piece, all the recycled equipment, the nurses changing shifts, you know, not being able to leave the room, having to wear masks. >> reporter: she made a l

cinemark has news on reopening yulia? >> that's right. the ceo just outlining his plan to reopen his theaters around july 1st he said that he aims to bring back their employees starting around mid-june with a plan of starting to show old movies, library movies, around the beginning of july to ramp up and start getting people back into theaters before the opening of christopher nolan's "tenant" to open july 17th that would be the first new movie to open in theaters and outlined the plan saying that they can operate profitably at 20% to 30% capacity and don't need to be more full than that to be profitable and discussing ways ofsocial distancing in th theaters an including capping the number of people admitted. back over to you. >> those aren't going to be details but central to the whole thing, don't you think a movie theater being a first to talk about reopening >> absolutely. what's really interesting is he was pressed on this call about whether people want to come back, whether they would be comfortable coming back. he said he really di

theater chains amc and cinemark will not be reopening in texas even though technically they would be allowed to. kristen? >>> president trump is using an executive order to keep meat processing plants open during the pandemic. it comes after companies such as tyson expressed concerns the nation's food supply chain is breaking. >> we're working with tyson. we are. we're going to sign an executive order today, i believe, and that will solve any liability problems where they had certain liability problems. and we'll be in very good shape. >> numerous plants are closed for various reasons. smithfield has seen outbreaks among workers in multiple plants. that's led them to shut down. tyson closed a plant in iowa because of workers calling out sick. >>> today is the final day of the coronavirus community testing program going on in san francisco's mission district. this census tracked outreach and testing is the only kind that's going on in the entire country. abc7 news reporter luz pena has been covering the advancement of this story and has the very latest. >> san fr cases. decemb deaths,

the problem is not the police dogs not police dog and racist white cop cinemark. it's going to beat the social fabric is broke down so much. what they are engaging in for, since sense of meeting is going to be warfare and drugs. so and i have a very different view on this. period i spent a lot of time in drug houses and around drug dealers. i've seen a lot of bad things go down. i'll spent 20 years on wall street and seen a lot of things go down. [laughter] to me, it is simply, their legal system. if you screw me over on wall street, i'm going to lawyer up and sue you. going to be all very pleasant, you screw me over on a trade, they don't have that option. that is their legal system they can't trust the cops because the cops can't be trusted. they are also doing -- they are working in the black economy because the illegal economy is available to them. i spend a lot of time around drug dealers if i had grown up in one of those neighborhoods i would be a drug dealer. i think most everybody person i worked in wall street would've done the same thing's the you have s

some states are going to allow movie theaters to re-open this week but we spoke with amc and cinemark will open their doors nationwide until mid-sum where the block busters arrive. this is hard for people who supplement their acting incomes by working at restaurants. >> boy, carter, you really feel people in the industry. i love streaming but i miss theaters as well. >>> vladimir duthiers is looking at stories you >> announcer: this portion of "cbs this morning" sponsored by lincoln, experience the power of sanctuary. that's why lincoln offers you the ability to purchase a new vehicle remotely with participating dealers. an effortless transaction- all without leaving the comfort- and safety of your home. that's the power of sanctuary. and for a little extra help, receive 0% apr financing and defer your first payment up to 120 days on the purchase of a new lincoln. where does your almondmilk almond breeze starts here with our almond trees in our blue diamond orchard in california. my parents' job is to look after them. and it's my job to test the product. the best almonds make the best

cinemark, the other major publicly traded movie theater chain, its shares closed the day down about 21% you see those theater chains closing down dramatically despite being included in the bailout. back to you. >> julia, thanks so much for that a tough sector to be in at the moment let's have a look at the markets, a reminder of how we closed, down about 4.4%, close to a thousand points on the dow, just off the session lows, which was down about 1,100 points on the dow. joining us now via phone, russ koesterich, manager of blackrock global allocation fund russ, great to have you with us. i wanted to kick things off with the technical aspects we're seeing in the market as you looked across the different asset classes. we spoke with james gorman about how bad it was a couple weeks ago, it may have peaked then but today a few hints of that coming back when you see the dollar strengthening again and a little bit of a pickup in credit spreads. but overall are you still happy that the technicals are much better than we were a couple weeks ago? >> well, happy the a strong word, but i do agree

tour released easter weekend biggest digit debut ever what is future of the theatre look like in cinemarkal distancing can turn a profit with 10% of seats filled. then amc nation's biggest chain might not reopen might file for bankruptcy the default imminent saddled with billions debted a china group could bail that out a rumor at this point going to movies american pastime ceo hopes that tradition survivors says theatre has pen dominates by big budget super here -- movies that audience doesn't seem likely to change behavior in the long term even though maria content powerhouses like disney have changed behavior, walt disney completed dominated box office last year seven-billion-dollar hits going all-in, streaming with disney plus hoping to compete netflix netflix valuation this morning is integrator than disney's then there is this national association of theatre ordnance says this theatre is where money is made out of 40 movies unreleased between march and june because of pandemic only three went straight to home viewing the rest do hope to make a big splash when america is healthy agai