the art director for levi strauss said it was going up for auction in london. she flew to london. she bid on it and was able to acquire it for the archives. >> that is a fascinating. does this travel? i know that the contemporary jewish museum does not house its permanent collection. how did this particular collection, about for the contemporary jewish museum? >> it was an inevitable exhibition. it really is everything we are all about. it is about the history of jewish san francisco, the founders of sa lit wasomething, i think, in some form or another, had been thought about since the museum started. finally, it did come about. also, it helped that we established a strong relationship with the staffing archives. we have been generous and supportive with exhibition happening. >> wonderful, so this is put together for us. >> absolutely. >> we will take a quick break and come back in just a moment. we will continue this conversation with gravity goldberg. th crisis has ch we've pulled together, worked hard to keep each other safe. we've flattened the curve and are starting to reopen

>> reporter: the levi strauss foundation hopes other companies let's where they invest their money. less than 4% goes to social justice causes. david louie, abc7 news. >>> now when it comes to issues of racial justice and equality, you can trust abc7 news to be your ally. you go head to abc7news.com/take action to find a list of local resources on the topic. including guides for how to discuss these issues with your kids. >>> stay with us. the summer heat returns for the holiday weekend. spencer ha - i'm norm. - i'm szasz. [norm] and we live in columbia, missouri. we do consulting, but we also write. [szasz] we take care of ourselves constantly; it's important. we walk three to five times a week, a couple miles at a time. - we've both been taking prevagen for a little more than 11 years now. after about 30 days of taking it, we noticed clarity that we didn't notice before. - it's still helping me. i still notice a difference. prevagen. healthier brain. better life. we're helping members catch up by spreading any missed usaa insurance payments over the next twelve months so they can

today's levi strauss is the guy who sells plexiglas and the companies that sell those big states 6 feet apart dots that are stuck to the floor everywhere now fair enough they fill a sudden need as we are all feeling needy but who else stands to profit from the pandemic and who are the damnable profiteers who state attorneys general should be busting right and the left let's ask the university of massachusetts professor emeritus richard wolfe richard as we wait instructions to return to our t america's broadcast headquarters in washington where cleaners look like they're mopping up plutonium we've been issued a 17 page manual handsome instruction book for re entering the workplace now as a long time consultant i'm green with envy i can only imagine how many billable hours went into producing that document but for what other products and services is this pandemic a legitimate gold rush and richard who are the opportunistic profiteers. well there are so many it kind of log on to the mind on the one hand you have the hustlers and i'm trying to are like the people who are using a social medi

today's levi strauss is the guy who sells plexiglass and the companies that sell those big stays 6 feet apart dots that are stuck to the floor everywhere now fair enough they fill a sudden need as we are all feeling needy but who else stands to profit from the pandemic and who are the damnable profiteers who state attorneys general should be busting right.

today's levi strauss is the guy who sells plexiglas and the companies that sell those big stays 6 feet apart dots that are stuck to the floor everywhere now fair enough they fill a sudden need as we're all feeling.

today's levi strauss is the guy who sells plexiglass and the companies that sell those big stays 6 feet apart dots that are stuck to the floor. are everywhere now fair enough they fill a sudden need as we are all feeling needy but who else stands to profit from the pandemic and who are the damnable profiteers who state attorneys general should be busting right and left let's ask the university of massachusetts professor emeritus richard wolfe richard as we are wait instructions to return to our t. america's broadcast headquarters in washington where cleaners look like they're mopping up plutonium we've been issued a 17 page manual handsome instruction book for re entering the workplace now is a long time consultant i'm green with envy i can only imagine how many billable hours went into producing that document but.

today's levi strauss is the guy who sells plexiglass and the companies that sell those big stays 6 feet apart dots that are stuck to the floor everywhere now fair enough they fill a sudden need as we are all feeling needy.

a major exception is the levi strauss foundation and abc7 news reporter david louie takes a look at how it is making a difference. >> reporter: the bay area has a long history as an movements, o protests, cause >> we are really at a cross roads of society. >> reporter: the levi strauss foundation has been supporting social justice leaders for over a decade. recently donating close to $4 million to help seven leaders of groups reinventing themselves. calling themselves pioneers. they're on the forefront of it. the black lives matter movement is intensifying the call for change. >> i don't necessarily feel pressure. i feel relieved that i think the entire country is seeing the depth of change that is necessary. >> reporter: zachary norris is executive director for human rights in oakland. being a pioneer allowed him to print a book on justice reformtr job training and other resources. >> the resources that have been spent on locking up and locking down young people are instead spent on lifting them up and connecting them to opportunities that will ultimately make them successful. >> he ca

. >> reporter: these are seven leaders of groups the levi strauss foundation selected to support their work for social justice. that was a $3.6 commitment. >> they're out there thinking of new ways to create safety and security not based on fearful not based on punishment, that based on scape goating. >> reporter: it has mobilized 15 to 26 million americans in reason weeks, including to four polls. that could be the largest social justice movement in american history. from ella baker central for human rights -- >> our system is not just broken. it is broken by design. we need to really reimagine what it would look like to entirely transform how we think about safety. >> reporter: but reimaging the future may rely on the civil rights protests of the 60s. >> when you shut down a freeway, a bridge, when you protest in the street, everybody starts to realize, oh, man, i cannot ignore what these people are saying. >> reporter: pastor mcbride and other thought leaders supported by the levi strauss foundation say the young people's future is at stake. >> we measure our success in terms of how

the shares up 1/4 of a percent levi strauss reporting a wider second quarter loss. the company warning businesses will be hit in the second half as well even as sales have improved at stores that have reopened levis plans to cut 700 non-retail jobs or about 15% of its corporate work force levi strauss ceo chip bergh will be in "squawk on the street" at 10 a.m. eastern time must watch >>> now to the latest developments surrounding tiktok. vice president mike pence becoming the latest white house official to speak out against the chinese social media app amid continued tensions between the u.s. and china cnbc's argen joins us from guangjo, good morning, good afternoon, good evening, argen. >> reporter: good morning. the comments by mike pence come after mike pompeo said the government is looking at banning tiktok if they did, it would be a very big change of tactic from washington so far, yes, we've seen them go after companies like huawei, big infrastructure companies it would be almost a play out of china's playbook to some extent because as you know, big u.s. firms

>>for your money tonight, san francisco base levi strauss says it is slashing 700 jobs.about 15% of its corporate workforce. the company says this move will not impact workers at stores or factories. it comes as levi's tries to recover from the economic fallout from the coronavirus pandemic levi says its revenues drop 62% of because of temporary store closures. right now most of its stores have reopened in sales are about at 80% of what they were a year ago. also for your money tonight 200 year-old suit maker brooks brothers has filed for bankruptcy. the privately held company had been struggling as business attire grew more casual in recent years. but has since been decimated because the coronavirus pandemic which sent demand for suits plummeting. brooks brothers filed for chapter 11 today in a delaware courthouse. the retailer is in the process of shutting down to 20% of its 250 stores across the country. according to the bankruptcy filing brooks brothers has secured $75 million in financing in order to continue operating. >>up next president trump is slamming the cdc'

we're getting one from levi strauss. the 167-year-old denim company just out results were better than expected still paint a pretty ugly picture of what is happening across retail. the adjusted loss, 48 cents. the revenue was also a tad better pretty much in line. $498 million and just to put that number in context for you, that means that q-2 revenues declined 62% overall. they declined in every region that they do business. ek commerce sales are growing nicely we're seeing in a lot of other retailers. they're up 25% though. this is a company that does not get most of the sales online guggenheim securities estimates 15% of sales online. $88 million in covid-19 related sgna expenses for levi strauss and update on liquidity. liquidity $2 billion at the end of the quarter another announcement here in conjunction with earnings to tell you about levi strauss is going to make job cuts they're cutting what they call nonretail, nonmanufacturing workforce. so that is corporate jobs by 700 positions. 15% of the workforce which wi

a review shows illumina and levi strauss are among those looking for hiring diversity heads turnovers high and they're often under paid data from glass door show that people maybe $170,000 and that is less than other folks in the c suite. >> it is looked at as overhead and not a strategic position >> and many ceo's don't have a seat in the boardroom. and a leading network of cr inclusion officers >> for an officer to be successful they have to understand the business. they have to understand the strategy they have to craft a strategy that aligns with the business and they need to partner with leaders across the firm. they also need to partner with the board so the board can help to drive this across the firm. >> a lot of room for improvement. a year ago they unveiled a possible showing there must be at least two candidates in every board room >> i wonder if this is being shoe horned in because you already have a chro, chief human resources officer. sometimes they are under that, sometimes they report to the ceo, but it doesn't seem to have a really clear place or mission. >> and we d

levi strauss. we also have the meeting as well. week is the for the u.k.r speaking midweek , talking about what is going on with the u.k. economy, are we going to get a bank cut, are we going to get change to the statutes. which levers will he decide to pull? kailey: it is a quieter weaken the u.s. i will be keeping a close eye and thursday for initial jobless claims. we got the big upside surprise the report on friday. the reopening process is slowing down, even reversing. i think will get an interesting read in terms of that high-frequency data on thursday. guy: jobs, jobs, jobs. the huge focus. that is it. coming up, "balance of power" with david westin on bloomberg television and radio. that is coming up next. this is bloomberg. ♪ ♪ to rgb and radio audiences worldwide, welcome to "balance of power" where the world of politics meets order business. we start with the market. we have a nice brought rally right after the july 4 weekend. what is going on? theail: we are looking at longest winning streak for the s&p 500 of 2020. the s&p 500 up or a fifth da

wh >>> these are seven leaders the levi strauss foundation selected to support their work for social justice. it is a four-year commitment. daniel lee is the director. >> they're out there to create new solutions. they are believe based on fear or punishment. >> reporter: the black lives matter movement has miliz feeble 26 million americans, according to four polls. that could be the largest. >> our criminal court system isn't just broken. it's broken by design. we need to reimagine what it would look like to entirely transform how we think about safety. >> but that may rely on the past with the civil rights protests of the '60s. >> when you shut down a freeway, a bridge, protesting the street, everybody starts to realize. i cannot ignore it. >> supporters believe the young people who have joined the movement recognize their safety. >> we measure our success in terms of, moving in the direction of things that make communities most safe. good jobs, good health care. young people -- >> setting new priorities that would require consensus and courage. abc7 news. >>> when it comes the iss

companies including microsoft, starbucks and levi strauss have stopped their ads for the month of july hoping that facebook will take greater action against hate speech and misinformation. cnn's abby phillip has more. >> reporter: the world's largest social media company now under unprecedented pressure from its advertisers to do more to stop hate speech online. dozens of companies pausing advertising on facebook in protest. the debate touching the highest office in the land with facebook coming under fire for leaving up these recent posts where president trump appeared to threaten looters with shooting and spread false claims and misinformation about mail-in voting. >> as we watch donald trump i think become more and more volatile with his posts, the fact that these companies have sat on their hands and allows it means that they are complicit. >> rashad robinson of color of change says for businesses, the choice is simple. >> do you want your ads showing up next to white nationalist organizations? do you feel comfortable having your ads next to theirs while you're also putting on thos

. >>> take a look at shares of levi strauss having their worst day in more than three months, this afterpany reported a 62% decline in second quarter sales and announced it would be cutting 15% of its corporate work force that stock down 8% right now liz, do you like retail? >> you know, i actually do like retail, and the second quarter earnings numbers are going to be bad. that shouldn't surprise anybody. just anecdotally, i will say i was in a clothing store a couple weeks ago. they were already sold out of a lot of things after only being open for two weeks i think there is a lot of pent-up demand here and it's much easier to make a decision to buy clothing than it is to buy a plane ticket i think it will come back, but more slowly. >> when i heard the news from levi's yesterday after the bell, i thought, when was the last time i pulled on a pair of jeans? more recently i pulled on yoga pants, for instance, steve weiss. i don't know who is wearing -- if you're staying at home, are you going to pull on your jeans? >> that's exactly right. it's lulu, it's not levi's and retail traffic w

levi strauss feeling the blues. san francisco based apparel maker reported more than 60% dive in quarterly revenue as its sales dropped off during the shutdown. levi is going to cut jobs to make up for weaker sales and laying off 15% of its global corporate work force totalling 700 jobs. if there's a silver lining for them, its online sales were up by 25%. but shares in levi falling by about 6.5% this morning but overall the market is heading higher. dow up just over 112 points and nasdaq gaining about 99 points. len, back to you. >> all right, jason, thank you. >>> developing this morning, a bay area woman is suing petsmart. she says her emotional support dog nearly died following a miller says one of the groomers tied a rubblier band attached to a bow tightly around the pup's ear. miller says that cut off blood circulation forcing a veterinarian to perform a life- saving procedure to remove the band. we reached out to pet mart and the company told us they don't comment on pending litigation. >>> new this morning, t

shortfall and the pandemic sarah stinson is well for your money this morning, san francisco base levi strauss is cutting 700 jobs that's about 15% of its corporate workforce. the company says this will not affect employees at stores or factories, the move comes as levi's tries to recover from the economic fallout of the coronavirus pandemic levi says its revenues declined 62% because of temporary store closures, right now most of its stores have reopened and sales are about 80% of what they were a year ago, let's hope to keep climate unfortunately, 700 jobs are going to have to be dissolved apparently as the company struggles to come back from this pandemic. well let's talk about the opening bell looks like we're headed for a positive start on wall street are just moments away from the ringing of the bell futures trading has been pointing positive. not by a whole lot but you know maybe a 14 point gain out of the gate this morning. we had some better than expected numbers coming out of the labor department this morning for jobless claims looks like we had 1.3 4 million americans or 1.3 1 milli

. >>> coming up on ktvu news at 6:00, because coming to san francisco bay's levi strauss as the company announces hundreds of layoffs. >>> also the popular after any now raising concerns over national security. as more and more countries consider banning it. superfast internet. it's a beautiful thing. superfast internet with an xfinity flex 4k streaming device included? even beautiful-er. and now flex also comes with peacock. ooh la la. this rare bird lets you stream tons of movies, shows, news, sports and more. and with flex, it's all at your beck and call... show me parks and rec! see? the best really did get better! magnificent. switch to xfinity internet and get a flex 4k streaming device with peacock premium included for no additional cost. >>> another confederate statue in virginia's capital city was removed today from the public's eye. the statue of generalrecent weeks. the statue of matthew fontaine moire was taken off its pedestal last week. he was the face of the confederate navy during the civil war. and a statue of general stonewall jackson has been removed. the mayor of ric

. >>> san francisco raised levi strauss is laying off 50% of their workforce. how many hundreds of jobs that translates into. >>> taking a live look of the golden gate bridge, look at that. almost completely empty. the new normal here but the coronavirus pandemic. ktvu fox 2 news at 6:00 will be right back. well many people have such a misunderstanding as to how a reverse mortgage works. people think that the bank takes your home, but that is not true. that's absolutely 100% wrong. the home is ours. we can sell it if we want to at any time. i like the flexibility of not having a payment, but i can make the payment if i want to. you're responsible for keeping up your property taxes and you're responsible for paying your insurance on the property. for us, it was a security blanket. the value of our house, was to fund our long-term health care. for years, reverse mortgage funding has been helping customers like these use the equity from their homes to finance their lives. they know the importance of having financial security. make an appointment so they can tell y

from advertisers since june 17th more than 300 companies, including bay area based clif bar and levi strauss have pulled their ads after encouragement from a movement called stop hate for profit. the campaign demands at facebook meet 10 changes to their operations laid out by free press co ceo, jessica gonzales those proposed changes would have facebook remove posts pages and ads that promote hate bias and discrimination a few of them include finding and removing groups focused on white supremacy and violent conspiracies submitting to a regular 3rd party independent audit of identity based hate and misinformation and enabling people who face severe harassment to connect with a live facebook employee and activists behind the campaign rashad robinson from a civil rights group called color of change posted after tuesday's meeting saying it was a disappointment. they have had our demands for years and yet it is abundantly clear that they are not yet ready to address the vitriolic hate on their platform and double acp president and ceo derrick johnson who was also on the call said that the only r

from advertisers since june 17th more than 300 companies, including bay area based clif bar and levi strauss have pulled their ads after encouragement from a movement called stop hate for profit. the campaign demand said facebook meet 10 changes to their operations laid out by free press co ceo, jessica gonzales those proposed changes would have facebook remove posts pages and ads that promote hate bias and discrimination a few of them include finding and removing groups focused on white supremacy and violent conspiracies submitting to a regular 3rd party independent audit of identity based hate and misinformation and enabling people who face severe harassment to connect with a live facebook employee and activists behind the campaign rashad robinson from a civil rights group called color of change posted after tuesday's meeting saying it was a disappointment. they have had our demands for years and yet it is abundantly clear that they are not yet ready to address the vitriolic hate on their platform and double acp president and ceo derrick johnson who was also on the call said that the only

levi strauss saw its sales plunged more than 60% in its last quarter.f its global corporate workforce — impacting about 700 jobs. zoom and microsoft have joined a host of other technology giants to stand up against beijing's security law in hong kong. twitter, google, and facebook have already said they will pause the sharing of user information with police in the city. tiktok has said it will withdraw from hong kong entirely. so what does this mean for these companies and for hong kong's internet users? sharanjit leyl has been following the story and joins me now from our asia business hub. sharanjit, what more can you tell us? yes, sally, it is a reflection of the widespread unease over the new security law in hong kong, which has essentially led to these tech giants to withdraw and, as you mentioned, it's a growing list of essentially the who's who of us internet companies, the likes of facebook, microsoft, google, twitter, zoom all announcing the suspended the processing of requests for user data from the hong kong authorities. bear in mind, though,

. >> john: i want to put up a list, and levi strauss, pfizer, unilever, adidas and microsoft. from sheryl sandberg about the results of this audit, she says we have clear policies against hate and we strive constantly to get better and faster at enforcing them. we have a long way to go but we are making progress. so the idea is that facebook values free expression and allowing people to make free expression, the question is whether you can squelch some of that through some of the methods that are detractors or demanding. >> and whether you want to squelch all of that, you have some folks who work within facebook saying that a maga facebook is squelching. but you mentioned of those big gains, they need to advertise on facebook and they will be back. >> john: charles payne, good to see you. >> sandra: thank you john. a new report claiming the former girlfriend of jeffrey epstein, will it help her avoid a lengthy prison sentence? inflammation in your eye might be to blame. looks like a great day for achy, burning eyes! over-the-counter eye drops typically work by lubricating your

there's also news on levis strauss, the company actually lost more than $360 million in its latest quarterstatement the company said all trends appear to be improving sequentially and the ultimate health and economic impact remain uncertain. levi's after the number coming out stock is down 5%. here is a look at what is trending this morning at foxbusiness.com, first time apple's new iphones will be reportedly be sold without charger or ear buds to offset any cost increases with the upgraded models. under armour wants to sell my fit app pal after acquisition of app. resuming alcohol services but only first and business class customers. international flights that are more than 2200 miles. i guess it makes sense. it's hard to drink with a mask on in the plane, maria. those are your headlines. [laughter]maria: yes, it does. >> it's a false narrative to take comfort in a lower rate of at that time. there's so many other things that are very dangerous and bad about this virus. don't get yourself into false complacency. maria: one expert says that americans will likely need to wear masks for, quo

. ♪ ashley: let's take a look at jean company levi strauss. nning to lay off 15% of its corporate work force. their sales, by the way, plummeting 62% during the second quarter. that stock down nearly 7% today. levi, just under 13 bucks a share. >>> let's check the retail giants, walmart and amazon. this month, walmart is launching its own program to compete with amazon prime, called walmart plus. let's bring in jeff flock, who is at an amazon store in illinois. jeff, this rivalry is really heating up. reporter: the clash of the titans. i thought it would be interesting to show you what an amazon grocery store is going to look like. this opens i think in september in a former babies-r-us store. hope they have better luck with amazon than babies-r-us. but it's amazon getting into walmart's brick and mortar space and now it's walmart getting into amazon's online space. take a look at walmart plus, what it offers. it's cheaper than amazon prime, $98. you get same-day grocery delivery and same-day delivery on a lot of stuff. something that amazon pr

. >>> levi strauss are reporting after the bell today. down 4.3% at 13 bucks. >>> now, take a look at your screen. one of these nfl stars, one of them, just signed the biggest contract in sports history to the tune of $503 million. we will tell you who coming up. if you have been watching the show since the beginning, you know. >>> first, secretary of state mike pompeo says the u.s. could soon ban one of the most popular apps in the world. what you need to know about tik tok and your privacy, coming up. ♪ >>> by the end of my world tour i'm going to turn all the trolls into rock zombies. rock and roll! >> we will overpower them with glitter. ashley: overpower them with glitter. that was of course a clip from the animated hit "trolls world tour" which is out now on home video after a limited run in theaters and on demand release. so parents, some good news for you. you no longer have to keep paying ten bucks to rent the movie every three days. who wrote that? someone with kids, young kids wrote that with a little bit of feeling. >>> but li

levi strauss reporting loss. revenue falling.arning business will be hit in the second half as well even as sales have improved in stores that re-opened. we'll talk about that. "squawk" will return right after this >>> welcome back, everybody. news breaking earlier this morning. warren buffett announcing his annual charitable donations to five philanthropies that will receive the bulk of his fortune he told us how much that will be it totals $2.9 billion he's distribute the 15.9 million class b shares in berkshire hathaway valued at 2.9 billion and brings his total donation since 2006 to more than $37 billion. buffett plans to give away 99% of his fortune key beneficiaries are bill and melinda gates. after making the donation buffett will still hold $248,734 class a shares in berkshire and that would be valued at 67.5 billion. aldo nations he's made has been the only reason he's ever sold or exchanged any of his class a shares if he hadn't given those shares away he would be worth $129 billion. buffett has been accused of making

since june 17th more than 3-hundred companies including bay area based clif bar and levi strauss haveulled their ads after encouragement from a movement called stop hate for profit. the campaign demands that facebook meet ten changes to their operations laid out by free press co-ceo jessica gonzalez.those proposed changes would have facebook remove posts, pages and ads that promote hate bias and discrimination.a few of them include: finding and removing groups focused on white supremacy, and violent conspiracies, submitting to a regular third party independent audit of identity-based hate and misinformation, and enabling people who face severe harassment to connect with a live facebook employee. an activist behind the campaign rashad robinson from a civil rights group called color of change...posted after tuesday's meeting saying "itwas a dissapointment. they have had our demands for years and yet it is abundantly clear that they are not yet ready to address the vitriolic hate on their platform."naacp president & ceo derrick johnson who was also on the call said the only recommendatio