stephanie meyer is in a similar situation he's the head of a medium sized air and sea freight company and he's seen a 10 percent drop in assignments compared to a normal january and february because of the limited transport capacity and high prices his company has to turn away orders from some customers so tight is the plan at the moment planning is almost impossible we're living day to day not thinking about tomorrow we've come to grips with the situation in china but other markets are coming like the usa which was. into that concern are worries around additional corona outbreaks in germany if too many employees fall ill some branches may have to shut down completely. and that's it for me and the business team you can find out more about these and other business stories online at www dot com slash business i'm saving this watching. the true. rhythm of the markets. the momentum of the working world. ms magazine made in germany. next on w. europe's tools are closing. in italy lessons have been taking place at home for several weeks now prior to the internet drastic measures in exceptio

those claims coming from the state of california a whopping 1000000 within the last 2 weeks stephanie meyers says she's hoping to see a stimulus check arrives soon the can't help but worry about the bills piling up i've been pretty good about a whole knit together and i just finally broke down and cried. because you have to think about what's in that bank account. how you're going to start paying the bills you know i got home and started making a list you know ok i've got a car payment i've got rent the san francisco area was the 1st region in the country to install a shelter in place order governor given you some signed a stay at home order for the entire state 3 days later new some is praising the proposed chrono virus relief bill currently california allows up to 4 $150.00 a week for unemployment insurance the relief bill would add an additional $600.00 a week for up to 4 months giving california residents up to $1000.00 a week with this number of new claims from one another this is truly unprecedented and that resents the ambassador the nature of what we're going through right now to rem

those claims coming from the state of california a whopping 1000000 within the last 2 weeks stephanie meyers says she's hoping to see a stimulus check arrives soon but can't help but worry about the bills piling up i've been pretty good about holding together and i just finally broke down and cried. because you have to think about what's in that bank account. how you're going to start paying those you know i got home and started making a list you know ok i've got car payment i've got rent the san francisco area was the 1st region in the country to install a shelter in place order governor given you some signed a stay at home order for the entire state 3 days later new some is praising the proposed chrono virus relief bill currently in california allows up to 400 $50.00 a week for unemployment insurance the relief bill would add an additional $600.00 a week for up to 4 months giving california residents up to $1000.00 a week liz number of new claims from this is truly unprecedented and that represents the. it's a bit in the nature of what we're going through right now there are enough interna

stephanie, for you next. phil in north carolina what about bristol meyers. >> this is a great company strong management team it's still down 13% year to date i still think you can buy it machin with the acquisition it is a better pipeline and the stock is ye yielding 3.2%. i like it for the long term. >> jimmy from carol in sarasota, florida. name some companies sitting on a lot of cash that would be good investments. >> i think the answers are obvious to me. one is apple with over 200 billion of of cash on hand net cash over 100 billion an then google, alphabet, 109 billion of cash and net of cash that's 74 billion and they have a ton of cash and while they will see a hit in the current environment they should be growing that cash. >> courtney to you from kelly in las vegas, what about cvs? is it a buy? >> short answer is, yes. so i actually bought cvs this month. it is still down 20% from the highs. think essential businesses and the fact you go into cvs if you see a loaf of bread on the shelf people are picking it up and selling things they have never sold in the quanlities they ever would have thought they w

meyer talked about the crisis earlier today. i want to play part of what he said to stephanie ruhle. >> to say the only thing you can do to take care of people is to lay them off just doesn't add up, doesn't make sense. on the other hand, restaurants with zero revenues cannot pay people. >> jo, how bad is the situation expected to get and what can be done about it? >> reporter: chris, it's a really sad story. we're here at the legendary kanter's deli, a big popular spot. usually at this hour it's buzzing. here in california they've shut down their dine-in. now only this front deli and bakery is open. you can see it's empty and that silence has been deafening. we have been here for several hours now. just a handful of customers have come in. as restaurants are taking such a huge hit, we've heard from open table, reservations are down 84%. the workers who are left here working at kanter's deli are concerned about what the future holds. i've been talking with some of the folks here behind the counter, and they are telling me that they don't have enough pay to make their rent and they're going to have to start making very difficult cho