david: did you have a delta thing, delta ceo logo on you? delta colors loud and proud. raised $2 million for cancer research for children. [applause] ed: thank you. i don't think i would be doing another one of those. i am still feeling the effects. david: i haven't done a marathon -- i would fly a marathon. i would fly 26 miles. [laughter] you have a pattern of meeting with employees fairly regularly. you call it the velvet program. can you explain what that is? ed: yeah. so when we went through our hard times back in the bankruptcy era, we did not have a lot of cash. we didn't have anything, you know? people were actually taking pay cuts. we decided the only way we would ever be successful again -- delta has a proud history -- was that we would have to reconnect with our people and get something to catch their attention. so our people were downtrodden. years of pay cuts and job losses, and all the difficult things we remember from almost 20 years ago. so in downtown atlanta, there was an abandoned macy's building, and we decided to take ou

delta owns a 49% stake. it can't own anymore.'m kind of curious, what fills that vacuum in the u.k.? mark: when you talk about heathrow airport, to be honest, iag already holds 40% of capacity, so needless to say, whenever any slots come up, it is always going to be an enticing proposition. you've seen it recently in gatwick as well, where we seen bankruptcies. ultimately, those slots have been bid for very readily. i see further consolidation potentially, as you talk about in the u.k. market, but i think there's a bigger point. there's going to be broader consolidation in europe over the next two to three years, which ethic is going to be very good not just for the north atlantic, but specifically for europe to europe travel. in the meantime, we are going to have to slightly go through the variant deaths before we come through the other side. i think you will see a price war after we move out of all the talk of covid and what it means for cash flow and working capital risks. this summer is going to be punctuated by big, aggressi

you know what, i'm looking at delta. delta is down 1%. ual up 5%.hink when you look at the year to date changes, that is really disappointing. delta down 62% year to date. very tough. jeff, we have to run. thank you. thank you for taking those pictures. it gives people a real sense of what it's like at the airport right now. >>> closing bell ringing in 36 minutes. we still have a roaring rally happening right now. coming up, the star of netflix documentary "pandemic," dr. jacob glanville, on the breakthrough his company just made that he says could be a game changer in the treatment of covid-19 patients across the globe. you will be the first to hear about it. he is back with us. what did he discover? liz: as the race against the clock for a coronavirus vaccine and a cure, of course, continues, our next guest, the scientist featured in the netflix documentary "pandemic" believes he and his lab team have found a covid-19 cure that shows real promise. now, a cure is different than a vaccine but two weeks ago, he was working on a major scientific break

we are working for delta this morning. we still expect that delta, they can't lay off any people.to keep at least 90% of the staff. delta's labor cost will probably be $2.3 billion in q2. those grants really go to keep that employment going. , not surprising, we are seeing flights being decreased in the new york metro area. right now, there's a bunch of governors even that one quarantine for people traveling from the new york area when they arrive to their states. you can see where demand is really going to fall off bad in the new york metro area, as if it isn't bad all around the country. we really think that the load factors are somewhere in the 15% range. but the airlines will be required as part of this aid to keep some level of service between u.s. states. vonnie: the problem is we don't know how long this is going to last. even if they are getting aid, you said the labor costs alone are going to be $2.3 billion in that only- in q2, but brings us to the end of june. what if there is even a partial reduction of flights after that? that is the best case scenario. the airlines w

delta is confirming again that it expects revenue to be down 90% of the current quarter. congress recently approved a billion relief package for the industry. still ahead a lot ofmembers of congress agree they shld be ablto work for mostly these days, but iteems >>to keep lawmakers and their staff safe during the pandic congress is considering ways to voteremotely is has been going on for a while but party leaders cannot agree on how to get it done. wasngton dc correspondent joe khaleel reports. >>congress agrees it's ti to find a way to work a vote from home but republicans say democrats are rushing into an important decision why would you bring people back to jam through a proxy vote without having worked with th parties. the democrats plan would allow so lawmakers to stay home and choose another lawmaker in washington cast votes for them hou republican leader kevin mccarthy says that's not what votersexpect from their elected representatives they lend their voice to a person they holaccountable for every 2 years to be their voice in a proxy, the constituts did not lend

, continue to separate delta and differentiate us in the marketplace. in this second quarter we're in, we've been able to find ways to reduce 50% of our total operating expenses within the current quarter from a standing still position over $5 billion of cash we're saving in the current quarter alone. team is doing a magnificent job because we know this could take several years before we're into our new normal of traveling. the other thing about this that i do know to be true, while there's a lot we don't know, we have more questions than answers, i know we're not only an essential service, we're a service people want to travel on once they feel safe to experience our product once agai again. >> on load fak erer er ers factr the quarter it was 73/1, what is the new break even load factor for a major these days >> that's a question i don't think airline ceos want to figure out it just causes consternation the reality is we're in a cash preservation mode probably for the balance of this year realistically we need to get back into the 80% level over time w

the delta was rocking and rolling. that was north almost the entire 48 hours., it is south or southwest. that is a no doubt about it onshore wind. way to the sacramento valley. berkeley, 52. redwood city, 53. there is our system. it produces some high and mid- level clouds. they will be with us today probably into tomorrow. you can see the wind is now turning westerly, so that is onshore. they started to cool down yesterday. what about rain? probably not much through friday or saturday, but then the european model just goes bonkers as we go into sunday night and monday. we'll finetune they can change on a dime. but something to watch going into the latter half of the weekend and into early next week. 50s and 60s and 70s today and temperatures coming down. they'll continue that friday. cooler temperatures. >> all right, thank you, steve. >>> it is 4:19. communities feeling the economic impact of social distancing are now calling on governors to reopen their state. still ahead, protesters ignore stay-at-home orders and apply some pressure on lawmakers. >>> plus,

airlines are lower today, including united, american, and delta, one of the worst performers in the s&p 500 right now. we will have george ferguson on from bloomberg intelligence any moment. this is bloomberg. ♪

we begin with delta airplanes -- airlines.cash burn in half by the end of june. they hope to be going through $50 million a day. this when the second quarter ends because of the collapse of travel demand. delta cutting flying capacity 85% plus it's parked 650 jets. more than 1/3 of delta's work force is taking short-term leave without pay. to united airlines. it's stepping up efforts to survive the collapse in travel demand. united has raised $1 billion by selling new shares. the price was at the high end of the marketed range. the government stepping in with $50 billion in grants and loans for the airline industry. but carriers are still trying to raise more cash. and we end with a warning from heineken. the dutch brewer saying the weak or emerging market currencies may add to the problems of lower beer consumption. the coronavirus pandemic ravaging the industry, heineken says in march beer volume fell 14% in the first quarter. it dropped 2.1%. and heineken expects the second quarter to be worse. that's yourberg business flas

from an sec filing it says right now that they did sell both delta and southwest shares it was enough to take them from above 10% to just below 10% and there's not a lot of questions that are answered in this, it probably raises more questions than it answers on these things and all we know it is it sold below the 10% tlash hold and the reason you're seeing an sec filing and every time you own 10% of the company, you have to go ahead and say we are selling this or we are buying this at this point if you own, and you are not be on ljmed after the 45-day after the quarter closes and we don't know what will happen after this. whae will say is now that i've gotten this, woo did put a call into the office and it has no comment on anything coming out on this, but they don't have to report again for another 45 days until the close of the quarter and we probably won't be seeing more sec filings and warren buffett will not speak until the meeting in thebeginning of may and it's the first saturday in may. i think the date is may 2nd. i'm not sure we will not know what he's doing between now and

when you are starving, you'll eat anything american, delta and united are sarveing for revenue at theoment we don't think they will lever any stone unturned in their hunt for ticket sales that makes it really tough for spill carriers, opportunistic skimmers like spirit theirs is a business model but during headier times, they do well that's the environment we're in now. it's tough to be a spill airline at the moment. >> jamie baker, senior airlines analyst. thank you for those thoughts >>> let's trade it now we'll start with you joe, is there anything you want to do with these airlines or are you pretty much staying away from them at this point? >> i made my contribution to the airlines p and l by buying delta way too soon got out of it, lost money and led the viewers who follow me in the wrong direction. the problem for the airlines is they will face a secular challenge. this is not a cyclical challenge. one of things that jamie said that i disagree with is i don't think corporations will rush to send employees back on planes. there's a lieblability issue in doing that i think they w

andrew >> coming up when we return a check on some stocks to watch including delta. we'll talk about it. just reported a short time ago then the ceo of hard rock casino will join us talking about re-opening america and what business will look like after the pandemic check out the results of a new cnbc state's of poll out what is state's response to the covid outbreak 53% republicans polled said their state was too aggressive 50% of the survey democrats say their state wasn't aggressive enough while only 3% of that group said their home state was too aggressive a lot more throughout the day on air and cnbc.com it's an interesting poll and really gets it where this country's head may be. "squawk box" returns right after the break. [horns honking] birthdays aren't cancelled. hope isn't quarantined. first words aren't delayed. caring isn't postponed. courage isn't on hold. and love hasn't stopped. u.s. bank thanks you for keeping all of our spirits strong. we've donated millions to those in need and are always here for our customers and employees. >>> welcome back to box

airlines that will receive the funding include alaska airlines allegiant airlines american airlines delta airlines frontier airlines hawaiian airlines jet blue united sky west and southwest airlines now conversations continue with airlines regarding their. potential participation no that's of course what. joining us now to discuss is boom bust co-host and investigative journalist ben swan ben thank you so much for joining us today you know yesterday when we saw the reports of this all coming out it was interesting to see how it was written as the airlines have accepted this bailout they've they've done a gracious moment and accepted it but i want to start with the issue of repayment here so far we know that about 30 percent of these bailout funds will be alone than the other 70 percent will be in grants why exactly is that. that's where the acceptance part of this story comes from because the airlines didn't want to have 70 percent of these come in the form of grants and 30 percent in the form of loans they wanted 100 percent of them to be grants we don't have to pay any of this back beca

if you bought an airline ticket throh delta and you need to cancel you have a lot of time to rebook delta one year, but now the carrier says it is givintravelers through may of 2022. that's plenty of time touse the credit. it is the latest sign that airlines expect the decline in travel to lger for quite a while newer tiets spot since march first can be changed without a fee for up to a year. coming up next we highlight a kron 4 ro who during this ti of uncertainty here at kron 4 we want to nor some of our bay area heroes and today we're shining the spotlight on a bay in need. the union city people cuisine catering company they're offering free meals to the community during the shelter-in-place russia sweeps and indian cuisine offering community residents free to go those meals arer anybody in need including seniors and students. the restaurant's free to go meals will be given out every day fr noon to 08:00pm. and you can nominate someone in your community doing great things to help others go tkron 4 dot com slash features slash kron 4 heroes. a man who spent his savings by gasoline for n

santa cruz, 50 right now. 58 later on. 49 by the delta.peratures to be comfortable, but the warm-up waits for next week. livermore at 51. santa rosa, 50. lake tahoe, 28 degrees. highs today in the upper 50s with plenty of sunshine. fog and low clouds clearing to the coast. it's a summertime pattern today. we'll get into a wind shift tomorrow. that's going to warm us up. and that follows the trend. that trend follows us for monday, tuesday, even wednesday with warmer weather as we getex so, the cloud cover will begin to burn back, dissipate. we are at 11:00. you'll notice it's sunny in the north bay. still clouds clinging to the coast. that's going to be the deal for the day. as we get into the evening hours, still looking at gray shoreline, but sunny elsewhere. 64 today in oakland. 71 innapa. numbers coming up just a little bit. as we go through the next several days, you'll notice how warm it's going to get. tomorrow, how about low 70s? some of you celebrating easter in the east bay. as for monday, temperatures will be even milder. how ab

delta airlinesreporting its first quarrly loss in more than 5 years the company lost more than half a billion dollars in the firs3 months of the year of urse because of the pandemic delta is e first airline to report the financial faout. but things are expected to get worse. deltis confirng, it expts revenue to bedown 90% of the current quarter. ngress recently approved a billionelief pakage for the industry. ill ahead a lot of members of congress that they should be able to work remotely these to keep lawmakers and their safe during t pandemic congressis considering ways to vote remotely. party leader sofar can't agree on how to do it, washington correspondent joe khaleel reports. >>congress agrees it's time to find a way to work and vote from home but republicans say democrats are ruing into an important decision why would you bring people back jam through a proxy vote without having worked with both parties. the democrats plan would alw some lawmers to stay home and choose another lawmaker in waington to cast votes for them house republican leader kevin mccarthy says that's not at

cheryl: we're looking at losses for delta airlines, no surprise.was for a loss of 70-cents a share. the adjusted number is 51-cents, that's a loss. there's a number of an 84-cent loss. both of those missed the earnings per share estimates that the street had for the company, so worse than expected, revenue worse than expected, $8.92 billion was the estimate, $8.59 billion is what they came in with. this is the first quarterly loss in more than five years for delta and capacity has been cut by 85%. they cut 85% for total system capacity for the second quarter. so this is delta telling us that capacity is really just about, well, nonexistent as you can imagine. they've taken $2.7 billion from the government. the stock right now is up a little more than a quarter percent many we should say that the stock is up about 23% from the marlo. but maria, this was a stock that was 60 bucks a share at the high earlier this year. again, they also we should mention here gave warrants to the government of 1% of delta stock. they'll have to pay that out over five y

the onshore breeze in the delta. the temperatures are in the 50s. i don't know about oakland airport. and san jose is at 54. and i mean talk about brentwood to pittsburg to freemont. everyone is pretty close around 52, 53, 54. i don't think those will change. too much low cloud deck. 44 in tahoe. the low is finally kicking along. it is taking its sweet time. you can see the circulation. it is about ready to move into the desert but the cloud cover still rotates around. this is a big system for this time of year. the rain line looks to be morgan hill south. we'll mention it for others, but really rrow. the low clouds will be persistent. so in and that will gradually w us up as we head into the weekend and early next week, you guys. >>> time is 4:53. a nursing home hit hard by the coronavirus. we'll tell you about an investigationunderway after several of the residents there died and dozens more became infected. >>> it feels like world war ii. everybody has to help. >> the test kits being developed right here in the bay area in an effort to increase t

>>of course it's all becae of the pandemic and delta. he is the first airline to report the financial effects of the coronavirus but things are pected to get much worse. delta says it figures s revenues going to be down about % in the current quarter. congress recently approved a billion relief package fothe airline industry i one business seems to be doing ok during this health crisis, it's the alcohol industry. the coronavirus a pandemic seems happy people gravitating towards blues. according to nielsen total alcoholsales for the week ending apr 11th grew more than 26% but customers aren't just buyin booze from stores are staying home and having it delivered nielsen says more people are buying wine and spirits online than ever before. according to the data research from online alcoholic berage sas increased nearly 400% for that same week in april. it's just about a month after shelter-in-place orders began taking effect since the beginning of this pandemic we've all heard that people in certain age groups older folks along with people

would you be a buyer of delta? >> no, i agree with guy.ed about the industry, i don't think we're going to have a real v shaped recovery i don't think we'll have one for the industry so, you know, if you look at their onds, and i feel like th credit markets have a better understanding than the equity markets. until the fed said they were going to buy debt that has become junk recently which was delta, those bonds were trading in the 70s, to me, that says the equity value is too high, given where the credit markets were saying they would be no, i mean, i'm sad for them it's a great company, but i don't want to own the equity >> all right, karen, thank you very much. looking there at the airlines. >>> there's been so many stories out there about companies furloughing workers while the executives raked in all this cash let's flip that story on its head i want to bring in a ceo, inc. magazine named him the third best or most recognized ceo in the united states. he's taken some simple steps to make sure that all or nearly all of his 12,000 empl

along wi dublin, 79 walnut creek with concord around 81, this is what i mentioned earlier off to the delta warmin up a little bit more so but then your neighbors will warm up to 80 pittsburgh, 82. antioch but the knee should 77. their field in vacaville lower 80's, 79 meanwhile sonoma and santa rosa81 look at this and the marine aches already lower to middle 60's stenson beach coming in at 64 there you have it and the 7 day forecast and ju like a littlehiccup as we get to the weekend slightly reducing those temperatures snapping back earlyinto next week. i think wee going to read probably those 80's yet again before the again loosen up again towards the end of the week soar into a dry weather pattern robin and also flavor of late spring and le almost the summer robin back to you like it i like to thank you dave. >>let's check in on a trouble spot over in the east b chp has issued a special traffic alert for an accident in 6.80 at the koopman exit. it happened around 2.49 this morning, a large tanker truck raoff the road. it's leaking some source lou, it's 6500 galns of fuel actuallhas spil

let me thank alaska airlines and thank delta for committing to do exactly the same. that information is also available at our website, and we couldn't be more grateful for their support. by the way, that is an open- ended commitment until this crisis passes. and our commitment to. more care for our highway compress care gives in a time when we need to be there for them so they can attend and focus on the needs of the most vulnerable patients throughout the state of california. and also, i should just extend those that are in the workforce that may have been impacted and tested positive healthcare workers for covid-19, we also are providing these sites, these hotel rooms as isolation rooms, as quarantines, for those individuals as well. and those that have also been exposed and are worried about their health and their process of getting back results in their tests. they can't go to work until those test results come back. these are also hotel rooms that are set aside for you. and so i just want to thank all our partners in that endeavor and also all the individuals. w

winds switched around to the southwest through the delta.be in the low 80s. oking at temperatures not as warm today. more in line with a little above average but where they should be this time of year, last weekend of april. as we look at the trend for the week ahead, we talked about one warm day this week, really warm. and that's going to be obviously on tuesday. 80 today, low 80s tomorrow, mid-maybe upper 80s on tuesday and quickly we cool off behind it. the cooling trend looks to continue into next weekend. so waking one more clouds and fog, even reaching the valleys by the middle to late next week. but not today. with the cloud kearing the coast, it will be a clear evening and partly cloudy skies as the fog makes its way from the peninsula to the north bay. perhaps locally across the bay but quick burnoff for monday setting up along the san mateo coast for another nice afternoon. today, 78 san jose, 77 coup e cupertino. numbers in the low 70s on the peninsula with the westerly winds. north bay will feel a little better with 81 in santa r

delta is not putting anybody in the middle seats delta is boarding people in groups of five at a time they're trying to make it clear to people, social distancing is what you're going to have to practice when you are flying i expect all 9 airlithe airline move in that direction some people in the industry have discussed do we offer folks a mask when they get to the gate they can say, i may not always wear a mask, but i'm deciding i'm going to wear a mask here or when they come into the airport, before they go through the tsa checkpoint those are all possibilities. it's all about making people feel more comfortable and ensuring their safety. by the way, all the airlines, they're wiping down these planes they're disinfecting these planes if they're not doing it on a nightly basis in terms of going through and disinfecting, they're close. they realize the importance of convincing the flying public that they've got to feel safe. >> the question i'm getting this morning in conversation, and you raised it already, and will with mr. parker, come september or october, when this money conceiva

because when you look at the data it doesn't matter where you are whether you're in the mississippi delta whether you're in new york city whether you're in chicago whether you're in seattle whether you're vermont where there's hardly any black folks we're still suffering from the virus in the same way that speaks to a structural problem and not a cultural problem. it is i want to tell you about the what can she said disability rights activist she told us in the stream that she has healthy she's a black woman she's an activist and has healthy she's incredibly nervous right now . as a black disabled person working in advocacy i am hyper aware of how much black and brown communities are being disproportionately negatively impacted and it does add a layer of anxiety particularly because i have compromised respiratory muscles so i try to do my best and here to c.d.c. guidelines hope for the best and hang in there. but one of the things that she's doing is she is an activist and she talks about having. practical and the calming this idea of such racism it's so much bigger than sitting down and

and let me thank not just united but once again southwest, let me thank alaska airlines and thank delta for committing to do exactly the same. that information is also available at our website. and we couldn't be more grateful for r suppor that san open-ended commitment until this crisis passes. and our commitment to the hotels and accommodations extend accordingly. more care for our heroes and caregivers at a time that we need to be there for them so they can attend and focus on the needs of the most vulnerable patients throughout the state of california. and also i should just extend those that are in the workforce that may have been impacted and tested positive health care workers for covid-19, we also are providing these sites, these hotel rooms as isolation rooms, as quarantines for those individuals as well. and those that have also been exposed and are worried about their health and their process getting back results of the tests that can't go back to work until the tests come back, these are also hotel rooms set aside for you. i just want to thank all of our partners in that end

tough for some last night but, there is no doubt a seabreeze already cranking up here on the delta. higher clouds, lower clouds underneath and that all spells cooler, much more so. but yesterday. we had some pretty toasty numbers there. 92 concord concord 89, hillsdale 87. cinemas 84. oakland will be 87, with temper much as 20 degrees sometimes, i would not go that far but it will be a big drop for many, good time at us 50 degrees for in a lot of locations today. walnut creek 55, so is livermore. 57 gilroy saratoga walnut creek cooler in the mountains. pretty consistent therapy temperatures. 21 gusting to 31 out of travis. a summertime pattern equals cooler. no doubt. nap airport with the westwind and west southwest with the oakland berkeley hills to mount diablo at 21. everything is in place already. a series of systems that will be having not only clear conditions but on sunday, there county. for us, upper 60s on the high side. cooler and would coming into sunday, after that it looks like we are warmer early to early next week, today, clear for all. cooler with wind, a couple 80s.

and today's warming appears to be favoring around the delta today with lower 80's for antioch in concord chilly for probably complemented witsome of that on shore when that's gointo develop later today. however, as we go forward in the forecast we're going to see numbers climb through the80's and get poteially into the upper 80's for some f the spots as well as we see some warm up. robin i think we'll go back to you. >>yes, we are because we have to check in on a hot spot that's been lingering since 03:00am we have some heavy traffic right now on southbod the approaching opman this is where a tanker truck ran f the road early this morning and we do have injuries reported they've been orking on the spill 10 to 25 gallons of diesel spilled on the right shoulder. so we've had hazmat crews out there they've been running traffic breaks at this point it looks like there working to recover the tankertruck so i'm w hearing that the 2 right lanes are closed as well as the off-ramp so once again the south 6 ad at koman your 2 right lanes and your off-ramclose to retrieve that tanker truck that'swh

delta's stock is at $22 a share. >>> expedia, they need money.p so they are apparently nearing a deal to sell stakes to two private equity companies. the stock is up the best part of 10%. then again, it's been severely depressed recently. >>> snapchat usage up. the app, that is, usage up because people are stuck at home. it absolutely zoomed, the usage, and the stock is up 26%. >>> google, not going to charge businesses to sell on their shopping platform starting at the end of this month to help small businesses. they are up 47 bucks a share. $1,259 apiece. >>> facebook, way up, 11 bucks higher per share. what's the story, susan? susan: peopcelebrating their investment in indian internet giant gio. india is the largest mobile phone carrier with 400 million subscribers and this is also owned by india's richest man. it's arguable he's the richest man in the asia pacific, compared to jack ma. he's worth over 30 billion, close to $40 billion. when you have him on board, that means there are a lot of avenues you can take and lot of roads that open for

the way, that sunrise at 6:19, 45 santa rosa, 46 in petaluma, with mid-50s for you in napa by the deltarom our sutro tower cam camera, some holes in the low cloud deck here, certainly a pretty iconic picture here. with the fog, you may need the wipers if you're right at the coast and we do have some fog around berkeley and oakland this morning, not much in the way of change for your monday, starting out with the gray and a lot of sunshine on the way. we warm up close to 90 degrees inland on tuesday, so here's a 48-hour look at the low cloud deck as it ebbs and flows into the bay area, pulling back for a s full sunshine today and by the san mateo coast, the marin county coast it's back tomorrow morning and stays right there along the san mateo coast allowing for that afternoon sea breeze andpetures wit low 60s to about 80 again. so today, 72 in oakland, san mateo and richmond, so certainly cooler here with the westerly winds. 75 in san rafael, a couple of 80s, up towards santa rosa, the delta, and cooler from about six or seven degrees in san jose today for upper 70s. soover all, five to

you know it all depends on how they go about rates so so so many airlines like delta they they're only days away from being and so they have no assets they have very little cash left in a lot of debt but some of the other airlines like you know i've mentioned southwest or jet blue or even alaska. have been much better in the past management much better saving for a rainy day so to speak but i but i believe disappoint time where a lot of big airlines really should just go ahead and file for chapter 11 american airlines united airlines delta that's really the only way they're going to get out of a lot of the obligations they have with the unions ok well the fed vice chairman richard cleary does says the central bank has the tools needed to keep the u.s. out of a deflationary trap what tools do you think he's referring to and while they work some of the things that you know that are there that are obvious or are by got assets right so you know new tools really were the massive bond backed by programs that occurred 10 years ago and the new tools today are buy junk bonds and other corporate

maybe even a few low 70s out towards the delta.day for your easter sunday, as we get into your thursday, check out the clouds return, maybe some mountain showers but notice the bay area staying out of the rain, but the cooler weather will result by the end of the week. the accuweather seven-day forecast featuring the easter bunny with a cool start and clouds out there and 60s and 70s around the bay and inland and that warming trend getting us through monday, tuesday. wednesday should be the warmest day, the cooldown thursday and verdict is still out whether oey and saturday. so we are a little vitamin d starved, i am anyway. hopefully we get a good dose of sun this afternoon. >> crossing fingers. >>> this morning, researchers are beauty using the stay-at-home era to gather insights on the sharp drops in pollution levels. abc 7 news anchor dan ashley shows the critical work done in the bay area. >> reporter: it was the aim nlg that first alerted the world toe a once in a life time side fektd of the covid-19 crisis, a pol levels over

get to have a delta camp set as always has the stream ryall an interactive called the say she knew can be in the conversation as well hello you chief thank you very much for being here you can comment you can have questions you can push back what are your stories please send them to us an at that and also if you will on twitter at a.j. stream is how to get in touch with us let me start with a tweet from the united nations enable group and they say on twitter because it 1000 pandemic comes with particular challenges for the most fun ripple including people with disabilities check the tips on how to ensure everyone receives the care they need in the current virus pandemic and as a graphic and it talks about physical barriers to access hunting facilities the need to touch things you have to touch that difficulty in electing social distancing and difficulty accessing in summation say the w.h.o. it's boiling it down not only is the current virus difficult for everybody but particularly if you have to supply delta came from your perspective can you give an example of where someone with disab

going directly to airlines to build them out when in the past we know this that american airlines and delta airlines so many airlines have gone into bankruptcy in the past it doesn't mean that those airlines shut down they re emerge from bankruptcy it does not mean the end of the airline industry which is what so many in the media are telling us now what are the most interesting portions of this deal is that it does seem to include some ownership stake in the airlines for the u.s. government how does that work into that actually going to happen. it's kind of a crazy idea you know especially in a moment when you have a trump administration that has been running on the idea that the u.s. will never be a socialist country the president talks all the time about how socialism so terrible and yet they just put into this deal a very socialist measure which essentially says this that essentially the treasury is going to receive stock warrants worth about 10 percent of the loan amount that exceeds $100000000.00 now there are some very very small airlines that might get less than $100000000.00 but ev

delta is $3 billion in debt. the company's cash crunch speaking to cnbc yesterday >> the reality is that we are in a cash preservation mode probably for the balance of this year we need to get our load factors back up to the 80% over time we'll walk it through. we have a lot of our capacity on the ground we have over 600 planes grounded i know that every single time that i suit up, there is a chance that that's the last time. 300 miles an hour, thats where i feel normal. i might be crazy but i'm not stupid. having an annuity tells me that i'm protected. during turbulent times, consider protected lifetime income from an annuity as part of your retirement plan. this can help you cover your essential monthly expenses. learn more at protectedincome.org . >>> first it saw a spike in demand and now growing concern over security. we are talking zoom. the video conferencing app just about everybody is using there are real concerns about security rahel solomon now with more. >> i'm curious what the weird combination of th

someone -- check -- you check their delta file. someone made the choice not to do that.e fbi could have followed a number of paths. but one would think there would be suspicion of someone who worked decidedly against the interests of a man who appeared to be the next president of the united states. instead they wanted to take on the obvious artifice saying steele was a reliable source of information and he was far from it. we talked about the importance of what john durham and bill barr will get done here in their investigation of the investigators. we are looking at most americans believe the fbi, 65%, simply would be somewhat likely or likely to spy illegally on the american people. this is just more evidence of ways only reasonable to expect, given the level of corruption we have seen in both the department of justice and the fbi that has gone without any kind of accounting. >> listen, this is a red flag to chris wray that he hasn't done enough to assure the american public that the fbi understands wait did wrong and it's going to change it. chris wray has been very m

up next, we'll ask -- >> quickly the delta point you raised, got a government bailout.ed the ongoing question we can talk about it with terry coming up because it doesn't look like macy's well, but the other point with delta, had they not got their government bailout, they wouldn't have gotten such a price they just got on this public market so it's like a double whammy for those that don't get it for those that do. and i think there's a big question mark on whether we'll look back on this in years or months to come on whether this was done fairly or not because you happened to be in a sector the government decided to bail out. >> absolutely. speed was of the essence here when it comes to drafting these bailouts i think whether it's relief for small business or for the big hard hit industries like the airlines there will continue to be questions just like there was during the financial crisis about whether they were deserving and whether the government is picking winners and losers here. wee going to have that conversation on closing bell up next, we'll have terry lundg

united y delta estÁn perdiendo 100 millones de dÓlares al dÍa, y en algunos vuelos no existe el distanciamiento haya espacio entre pasajeros. las aerolÍneas acordaron no despedir a trabajadores hasta finales de septiembre, pero el temor es que despuÉs de esa fecha las cocas cambien. la lÍder de la cÁmara de representantes nancy pelosi dio a conocer un nuevo comitÉ que darÁ millones de dÓlares ayuda. dijo que la ayuda requiere la creaciÓn de este comitÉ para asegurarse que la ayuda llegue a aquÉl mÁs la necesite. en santa ana los casos de coronavirus se mantienen. >>> en los Últimos dÍas santa ana registrÓ el nÚmero en mÁs alto de coronavirus en orange, el alcalde dijo que no se supo enfrentar la pandemia y fallÓ con las pruebas. >>> cÓmo es posible. >>> hoy se reportaron 303 casos de covid-19 en santa ana en comparaciÓn con 180 contagios. guetesa semana recibieron 550 millones de dÓlares para hacer el trabajo, pero no lo estÁn haciendo. >>> el condado recibiÓ que no recibiÓ ninguna solicitud de fondos para pruebas de covid-19, tambiÉn dijo que hasta ahora la agencia de salud reporta que 2 7n 73

oil fields in the niger delta have been pumping black gold into the nigerian economy for years accounting for 60 percent of annual revenues and tarnishing attention africa's biggest oil exports are this week's price collapse however has shaken the industry. the entire world today is what's going on in the industry has never seen. these numbers or these complexity the problems we have. cultural issues that have come together to create what i would call in my time the most worrying. being nigeria's largest drilling and refining oil company is particularly exposed to the fluctuations in the global oil market. at 0 price there's no business there's no commercial case for us being it's in existence so we look for it and that's and that's open to. the government has asked for a 7 day week in loan from the i.m.f. and offered concessions to the energy sector but an existential question lingered in the air this week as this the beginning of the end for oil might take a while before you see large crowds in mexico where you see people change their habits and fly so i'm taking all this into considera

increase in daily active users that stock up by more than 20 percent and then on the down side to delta airlines they're burning around $100000000.00 each day so that stock got under quite some pressure. markets moving up today despite what in normal times would be considered dismal numbers and these earnings reports what should we take away from this. well i mean it's really hard to give any predictions right now that the big problem off a lot of those companies i'm standing here by the way on 5th avenue or not the glamorous mile in manhattan but in brooklyn usually there are more than $500.00. shops restaurants bars liquor stores and so on and so forth and from those 500 locations only about 50 are open so that clearly shows you what trouble we have we still have specially in new york but also in many other places in the united states so yes we have the earnings reports filed the big call for a chance they are not really pretty tomorrow by the way we will get to the numbers from intel amazon just to name a few but well what the market is adjusting to is that those stocks got hammered

is the treasury secretary going to own 25% of delta? does it make sense is united immune i think that the treasury secretary has to speak up and the airlines have to speak up. these stocks are trading i always hate it when stocks are trading and there's a couple people who know what's going on. there's the rest of us wouldn't it be great if the s.e.c. -- not the s.e.c. on cbs, but if the actual s.e.c. came out and said we need information, we won't let these stocks trade until we find out who owns them, but we're in a tremendous period, anything goes it's kind of disconcerting to me these stocks can trade when some people know the government will take a stake and others are clueless doesn't seem right to me >> yeah. everybody should go back and read friday night the memos that came out from ed bastion of delta and the ceo of jetblue delta said on a typical saturday in april, we have 600,000 people fly. last saturday we had 38,000 people fly this "journal" piece on airlines, lufthansa and others looking for the chemical that will keep al