there rival gangs crave street so they'll have $107.00 which is the pinnacle for murder craig street with that she crossed out. you're telling everybody that you killed a great street and. everybody comes out to check on these guys in a report back to other gang members so why they're being stopped as you can. see behind us 120 i think it's 127 i want to lock is a unit that's selling narcotics so as much as a concern about these guys i'm more concerned about the money inside of me with his hand inside and narcotics inside so they'll move this location right only and set up shop somewhere else. all these guys are here customers whenever you see a group of transients hanging around you know that there's a narcotic location within 50 to 70 feet and they set up camp here and that's all they do is smoke all day long but these guys again it's everything's full circle so these guys now are your car thieves your burglarious because they have to feed their habit and a gang members know that so it's just a revolving door here. is enough from that enough to take. the other suspect into custody f

craig. that's $115 million they were not able to pay in terms of monthly expenses. it's yet another window into the pain that the u.s. economy is feeling, particularly in retail and on main streets like this, craig. >> jo ling kent for us in los angeles. jo, thank you. >>> let's turn now to katherine garcia. katherine is with me here at the armory. up until a few weeks ago, katherine was the sanitation commissioner. now, in addition to the sanitation commission, she has been named new york city's food czar. katherine, thank you so much. you said a couple weeks ago -- i believe i read you said no one in new york city is going to go hungry during this crisis. walk us through exactly what's being done here. >> this program is specifically for people who are covid vulnerable. ie, they really can't leave their house. they might be sick, might be elderly. so what we've designed here is really a program to get home-delivered meals on a grand scale using our taxi drivers in the city of new york. the taxi drivers line up. we load them up with food and send them across the city to deliver. this is a program we started only at the end of march, and we will probably do 170,000 meals today a

craig melvin is just down the street from us in new york city.ear everyone will be able to get a front-row pew seat. >> that's true. >> they're going to be doing it from home, my friend. >> reporter: that's true. everyone can sit front row. we are just a few blocks from 30 rock. this is one of the most storied cathedrals in our country, if not the world. st. patrick's cathedral in new york city. typically on this good friday parishioners, tourists flock to st. patrick's, but it is closed as it has been since the start of this pandemic. you'll only be able to watch services online, on the church's website or their youtube channel on sunday like so many churches all over the country on this easter because of social distancing. unfortunately, there are a number of churches, primarily in the deep south, we should point out, but a number of churches that are being exempt from this, where folks can come and worship. we're going to spend some of the next hour talking about that. we'll also spend time talking to a faith leader and look at how so many peo

craig melvin. thank you for watching. [music playing] >>> welcome to "street signs." i'm geoff cutmore. >> and i'm julianna tatelbaum. >> too late for fighting petroleum which files for bankruptcy protection. >>> 80% of americans in quarantine >> a few days from now are going to be horrific my board is taking action to make sure america has the equipment needed to fight the global pandemic. >>> beijing hits back after president trump questions the accuracy of china's coronavirus data >> their numbers seem to be a little on the light side i'm being nice when i say that, relative to what we witnesses and what is being reported >>> cruise companies forced to issue stock at $8 a share and raise debt with a staggeringly high coupon. >>> very warm welcome to "street signs. let's get you a check on market action it has been a choppy session for market equities. all four of the major regions are seeing gains we saw the dax lower and the ftse 100 before rebounding now we have seen an uptick we have seen on both sides of the atlantic, a plunge in equity prices today, a little m

craig melvin. thank you for watching. >>> good morning welcome to "street signs." these are your headlines new month, same misery european stocks sink with banks and travel the biggest decliners. >> u.s. futures extend declines after the dow posts the worst number on record >> you are going to start seeing some real light at the end of the tunnel but this is going to be a very painful two weeks. >>> uk bank stocks fall after lenders ditch their dividends. joining the european counterparts on calling lenders to hold on to cash >>> sinking deeper into contraction while the italian pmi drops to the lowest in a decade >> i expect to see some very bad numbers coming out of the economy in the first quarter, second quarter and what it looks like coming out will depend how the virus proceeds >>> let's do a little bingo calling here this is your eurozone pmi bingo numbers. final manufacturing pmi for march 44.5 that is the lowest since july 2012 the final manufacturing output number, pmi at 38.5. the lowest since april 2009. worst than the flash estimate. rounding it out wi

craig melvin. thank you for watching. [music playing] >>> good morning welcome to "street signs." i'm julianna tatelbaum these are your headlines coronavirus takes a toll on europe as spanish economy suffers the biggest contraction on record. french gdp with the worse reading since the second world war. >>> damp numbers for the rally after officials celebrate positive results from a gilead trial. >> the data shows that remdesivir has a clear cut positive affect in diminishing the time of recovering this is important for a lot of reasons. >>> socgen gals. it triples provisions and suffers poor performance at investment banking business. >>> nokia takes a $200 million euro hit saying 5g will be an ongoing boost to demand. elsewhere to facebook focusing on the positives shares jump in after hours trade as the social media giant said ad revenues made a come back and monthly users neared the $3 billion mark >> we are not immune from this crisis we did see a steep decline in advertising revenue starting about the first week in march. that has continued we've seen some more recent stabil

craig melvin. thank you for watching. [music playing] . >>> 10:00 in central europe. 9:00 in london welcome to "street signs." a rick-on rally. the dow spikes more than 1,600 points on signs of coronavirus pandemic may be flattening out travel and leisure stocks. british airline the next to secure a loan from the trezy and 0en the blocktalks for the efforts. telling this program unity is what is needed >> a relief package is absolutely necessary it is necessary because we combat a common enemy in europe. solidarity has to be demonstrated >> uk prime minister boris johnson is admitted to the hospital and dominic raab will continue doing had is work >> there is incredible teamwork behind the prime minister to make sure we get him better as soon as possible >> over to the wall here to give you a story of how the markets have developed we've been on air since the open this morning and only seen gains pile on effective live so europe is playing catchup on the rally we saw in the united states and asia. it is a broad-based rally of the stoxx 600. we are up nearly 3% year, which takes us back 20% on top of the loan that we saw in th

streets around the hospital to bring in more trailers. >> miguel marquez, excellent reporting, you this very much. joining us now, dr. craigencer, director of global health in er medicine at new york presbyterian columbia university medical center. dr. spencer, thank you so much for joining us. like the brave doctors and nurses we saw in that piece, you're on the front lines of this crisis. you described being paged almost hourly with urgent messages. tell us what you're facing. >> it's bleak, everybody hospital is a little different around new york city now but they're all overwhelmed and they're all bad. our emergency rooms have been turned into intensive care units. he just heard that morgues are getting filled. we have trucks outside to hold bodies, those are getting filled. here in new york city, today we heard we're preparing to bury the dead in public parks because we have no other place. there may be some encouraging data to suggest that the number of new infections is going down, which would be great, but it's important to remember there's a lag between new infections, when people get really sick, when they show u

craig melvin. thank you for watching. >>> first up on msnbc, signs of hope amid the loss. what new numbers suggest and what america's empty streets mean to stopping the spread of coronavirus. >> what's the plan? a new report on the coronavirus task force. and whether there's a clear path forward for the country in the weeks ahead. >>> money in the bank. new word on the relief checks. the government says some have already been direct deposited. >>> going nowhere. the state of travel in america, and no plan on when it will get back in the air and on the high seas. i'm kendis gibson. >> i'm lindsey reiser. thank you for joining us. we want to go live to pope francis holding his easter service, on the live stream. it's a two-hour service, that started about an hour ago. nationwide lockdowns and social distancing are keeping worshipers at home and at the vatican. people are prohibited from gathering in the square, where the pope would traditionally give a blessing there. >> it's interesting watching the choir being social distancing apart, as they sing there. >>> first, let's get the latest headlines. this morning in the u.s., there's

street outside britain's which has just reopened. what are you hearing from local businesses on the ground there, ali? >> reporter: craig, i think local businesses are hearing a lot of mixed messages when you take in tandem the state government officials who are saying now is the time to accelerate south carolina, let's begin the reopening process. and then local officials like the mayor in columbia, steve benjamin, who said in order to be pro business, you also have to be pro health. he's not happy about seeing how the state is reopening these businesses. the republican governor saying retail businesses are now able to get back in business, and beaches are able to be opened. the businesses here we've been spending time at, britain's, one you know well, is reopening. it's with a mix of excitement and also nervousness. they're trying to take precautions. they deep cleaned the store on monday, their owner told me. they're continuing to wipe it down, taking different protocols inside the store so people can feel safe, but also so they can stay in business. i think in talking to the owner here, the thing that really struck

streets of people. finally, we might be able to see the light at the end of the tunnel. we haven't gotten to the point, craig these numbers decrease in any significant way. that's the next step. that's what italian authorities and doctors are waiting for and that's why they will not be lifting that lockdown until april 14th, a da riveway day or easter. and i wouldn't be surprised if they kept it down further. because this country is where the coronavirus has been most lethal at all. more than china, more than the united states and still more than spain or iran. if they were to lift it right now, they're even to lift some of the restrictions, the medical authorities would howl with protests because they know how hard this virus can bite here. craig? >> matt bradley for us there in rome. meanwhile, just a few moments ago, vice president mike pence here -- and i'm paraphrasing -- said in an interview we think italy may be the most comparable area to the united states at this point. a troubling assessment to say the least. in just a few moments, we will hear from new york governor andrew cuomo, the governor's da

craig melvin. thank you for watching. >>> first up on msnbc, signs of hope amid the loss. what new numbers suggest and what america's empty streets coronavirus. >> what's the plan? a new report on the coronavirus task force. and whether there's a clear path forward for the country in the weeks ahead. >>> money in the bank. new rd

for folks who walk in off the street with symptoms, these are folks who are coming in from new york presbyterian hospitals, to be clear. >> yes, these are patients, craig, that will be coming either through our emergency departments or maybe coming in from our hospital locations, our brick and mortar hospitals when they are recovering from critical illness, for example, those might be appropriate candidates to continue their hospitalization and their recovery from the covid symptoms could be right here in this particular location. >> dr. hill, thank you so much. and good luck to you. and it should be noted what they've pulled off here, no small feat. they've done it in seven days. i just commented before we came on the air how impressive that was. and someone did remind me that they had the help of the united states military, which always seems to make things move just a bit faster. >>> we want to turn now to another aspect of this story we continue to follow closely here. mark diamondsteen joins me now, the president of the american postal workers union. i've talked a fair amount to mark on the past week or so on our broadcast about my mailman who sho

street week tomorrow debuting at 6:00 and running through the weekend. in the second hour of "balance radio, will be speaking to the former head of fema, craig fugate.s a plan for a national resilience corps that could address crises such as this pandemic. we will talk about what that will entail, who would be ey would, how much that woul be paid, and other items. we will also be speaking to michael chertoff. that is coming up in the second hour of "balance of power." ♪ vonnie: it is 1:00 p.m. in new york, 6:00 p.m. in london, and 1:00 a.m. in hong kong. i'm vonnie quinn. welcome to bloomberg markets. here are the top stories we are following from around the world. u.s. and european stocks tumbling with the s&p 500 down 1.2%, pulling back from a seven-week high. it is off session lows as crude oil prices surge. another 3.8 million americans filed for unemployment benefits. jobless claims now topping 30 million just over the past six weeks. bank ispean central stepping up its response to the coronavirus crisis by cutting funding costs for banks. ecb president christine lagarde the euro area economy could shrink as much as 12% is here -- this year. le

craig melvin. thank you for watching. >>> first up on msnbc, taking its toll, the latest numbers on the coronavirus and whether the drastic measures taken across the country are actually working. on the streetswns and on the front lines. >> it does seem like it's slowing down. >> dr. earnest patty as in hard hit bronx. >> let's hope we

craig melvin. thank you for watching. >>> first up on msnbc, taking its toll, the latest numbers on the coronavirus and whether the drastic measures taken across the country are actually working. on the streets and cities and the towns and on the front lines. >> it does seem like it's slowing down. >> dr. earnest patty as in hard hit bronx. >> let's hope we reach that plateau soon. >> behind the lines a reality check what's happening in hospitals and whether doctors and nurses see any signs of hope. >>> new questions on when the country might reopen and whether it'll be safe. is there any realtime line? >>> new word on the relief checks, when you might be getting one and how to get you the money faster. >>> and farms are scrambling to keep up with consumer needs for eggs in some parts. we'll tell you why the sudden demand. >> good morning to you. it is saturday, april 11th. >> i want to show you tiemds square again on this saturday morning because it is always striking to see it at least in the last month, not a soul, but a police car going through at this early morning hour. now, this morning nearly half a million confirmed cases of the coronavirus in the u.s. more than 18,000 people have d