know this doesn't sound appropriate given the moment we're in, but today, upgrades of clorox, ebay, costco some of them make sense. is this the time to be reading those? >> they're early i read through all of those. started the morning early like you did. i'm thinking, well now is the time to -- to make a big bet some of these guys were upgrading oil companies. i didn't see a single upgrade that i thought made any sense. as a matter of fact, the opposite when you keep your powder dry, you don't know how much we'll be down today is today the day where we'll be down 13 or 20? wait and see there's -- i don't mean to pick on jeffries, but let me pick on jeffries >> las vegas sands >> las vegas sands the full faith and credit of what f full faith and credit of caterpillar? i like caterpillar, i don't want to buy a single company where the numbers are too high carl, with the exception of clorox -- >> jpmorgan. >> -- i do not see a number where the numbers are reasonable i think they're all too high, except for clorox. i'mraising clorox. >> the jeffries call on las vegas sands, the title of the r

you look at some of the retailers, costco, walmart, pharmacies where you're seeing tremendous stock up and then you actually see it go the other way. you will see what is going to be a significant opening of the economy, it's just a question of is it a month for now or four months from now. this is why the markets are so uncertain and so volatile. this is the craziest week i've ever been associated with and it's all about interpreting how does the monetary transition into ambridge to what should be roughly back to normal. i don't think were ever going back to complete normal for the next few months but what is a normalized pace of economic activity. maria: is there a chance we've hit bottom already? do you think the market, equity market has hit bottom. >> my guess is they've hit bottom because it was such a profound decline and then you've seen this immense stimulus how it all has to get done and it all has to get implemented and then the monetary policies, listen, one thing i'm certain of, in volatility is finished because the fed has this bazooka out and is buying immense amounts. t

this is the line outside a costco near los angeles. and dr. anthony fauci of the n.i.h. says we're even failing toget people properly tested. >> the idea of anybody getting it easily the way people in other countries are doing it, we're not set up for that. do i think we should be? yes, but we're not. >> reporter: so far only 11,000 tests have been done in this country while south korea is california00 a day. the entire state of california has just 8,000 tests for nearly 40 million people. some don't even work. >> the tests are not complete. >> reporter: one person who did get tested took a jetblue flight to palm beach international. flight attendants found out during the descent that the passenger learned he had tested positive. here in new rochelle, the epicenter of the state's outbreak, a one-mile containment zone went into effect today, leading to empty streets. the national guard is helping clean public spaces and deliver food to hundreds of families. the containment area here will last until march 25th. now, governors in florida, rhode island, and washington have a

into the costco -- >> reporter: lines snaking around the building before dawn. stores across the country running out of basic items like toilet paper and water. the stop & shop grocery chain announcing new early shopping hours for customers 60 and over. facing questions at the white house, president trump made clear that they are not looking at a nationwide quarantine at this point. but he did say they are evaluating so-called hot spots, hard-hit areas across the country, to see if any additional restrictions could be required. whit johnson, abc news, new york. >> our thanks to whit there. >>> across the country, hospitals and health care workers are facing a critical shortage of personal protective equipment. >> pretty concerning. the items in short supply include, get this, masks, eye shields, gloves, gowns and face shields. the fda says masks not intended for medical use can be made available to health care workers. that agency is also working on ways to conserve supplies. this as two emergency room doctors in new jersey and washington state have tested posit

. >> reporter: in maryland today trucks loaded with supplies headed to a slammed costco the same in florida. pinched public stores getting resupplied in california the north gate gonzalez market, one of many shops opening early for older shoppers 65 and up. >> we're going to have exclusive for seniors. >> reporter: and tonight at an aldi, there is enough toilet paper. how do you feel about finding toilet paper >> pretty good about that. >> reporter: at a time when coronavirus has put so many people out of work, grocers say they're now hiring thousands of employees to meet the unusual demand lester >> well, that's some good news, kerry, thank you >>> america's schools are also grinding to a halt nearly every state has closed some or all of their schools impacting some 30 million children more than half the nation's students, many of whom rely on schools for their meals. here is rehema ellis. >> reporter: across the country, long lines at america's schools offering unprecedented relief during the shutdown. >> this does help to have a little food. >> reporter: for the most vulnerable children,

the pain is coming. >>> coronavirus fears are keeping costcos busy. a long line formed outside the costco in sana clarita. the run on items has been going on for days. costco is just one chain limiting the number of key items keep customer is allowed to buy to prevent hoarding. walgreens is also putting a cap on high-demand items. >> one thing they was looking for is the toilet paper. they didn't have any. i wanted to get toilet paper. but they're out. >> we're getting lots of water. we have five in our household. just in case. >> we need soap. it's gotten crazy with the corona, so. >> costco customers may have noticed no more free food samples. costco stopped giving out samples last week. >>> disneyland is the latest to announce closures in response to the outbreaks. the theme park will shut down disneyland park and disney california adventure park starting saturday. they will remain closed through the end of the month. the company says the decision was made after reviewing governor newsom's new deadlines that limit gaernthings of more than 2 gathers

. >>> we're back now with long, long lines outside of a costco in santa clarita, california. a surge of shoppers flooded the store on thursday with hundreds of people lining up. now similar scenes have played out across the country as the coronavirus outbreak spreads. the hot-ticket item for many? toilet paper. stores have been forced to place purchasing limits on some items. >>> adding to the call for america to increase its capacity for coronavirus testing is one of america's top public health officials, dr. anthony fauci testified at a house hearing thursday that america has failed. >> but in an interview with abc's linsey davis, he clarified what he meant by failed. >> so you testified today that the u.s. testing system is currently failing and we're not set up for universal testing. who's responsible for this failure? >> i don't think it's anyone that's responsible. what i was referring to is the system as it was originally designed was really designed for a patient to doctor relationship in which the cdc would make a test, give it to the public health authorities in a p

san francisco haaziq kron 4 >>they already know this shoppers are crowding big box stores such as costco and target to try to stock up on supplies and prepare for what the coronavirus pandemic might bring us some people are finding hygiene supplies like toilet paper and hand sanitizers already sold out how com four's maureen kelly talk to people out and about today trying to purchase those hygiene items. >>rhonda williams filled her car with the items she was able to find around lunchtime inside the coma target she came up short on several things such as the kind of cold and flu medicine. >>she was looking for a basically because what my has the timing for over a month and i've been ignoring hand i realize that maybe take a little bit more seriously than we have been taking that. >>su a special does the extra cost to restock base think this is the aisle where they keep the toilet paper which you can see has been wiped out. there were several areas which had mostly empty shelves inside although an employee tells me. >>trucks come in every morning so they can restock their shelves but high

to try to get into the costco here in the city. >> reporter: lines snaking around the building before dawn. stores running out of basic items like toilet paper and water. the stop and shop grocery chain announcing new early shopping hours for customers 60 and over. at u.s. airports, chaos as americans rush home. after travel bans on european countries. passengers waiting hours, shoulder to shoulder for medical screenings. >> i definitely felt unsafe. if the government is telling me to stay in groups of less than 50 and keep social distancing, that was the opposite. >> reporter: but departures areas around the country eerily empty. >> look at this! there's just nobody here at the airport. >> whit, the president and these new guidelines. dr. fauci saying this is guidance for the next 15 days, then they will reassess. and the president was asked if he was considering a nationwide quarantine. >> reporter: david, he made clear at this point they are not looking at a quarantine. but they are evaluating hot spots or hard-hit areas to see if additional restrictions would be required. >> whit,

unkwn as fears surrounding coronavirus spread around the bay area and beyond this was the scene at costco in vallejo saturday moing the line wrapping around the store shoppers lining up with cards at the yward costco around one in the afternoon people braved the elements some wearing masks to prevent any type of >>what did you stock up on today. among the news at home. >>up next we visited the haber target where employees sa people lined up hours before thstore opened and wiped out shelves carryi disinfectant products with the limit of one item per person samerule applies to bottled water in concord trader joe's has been busier than e holidays, according to a worker. the store ran out of toilet paper and per towels at whole foods in fremont paper goods were also out including alcohol and cleaning supplies after talking to a number of store managers and workers. >>the best time to do your shopping seems to be first thing in the morning where shipments are like come in and shoppers are welcome call the store ahead of time. >>we're here in fremont gayl ong kron 4 news. long lines any time so

. >> and, coming up in the 7:00 hour what costco is doing. we'll tell you about the new shopping time for senior citizens and when stores will be closing during the week. >>> welcome back to mornings on 2. time now is 6:45. and unfortunately the number of coronavirus cases around the world is continuing to rise. johns hopkins university reports the total number of confirmed cases is now more than 788,000. the u.s. has more than 164,000 cases and 3,100 deaths. italy has at least more than 100,000 cases but has the most deaths at 100,000 cases. experts say strict measures to combat the coronavirus pandemic may be paying off though. health officials say italy and spain should soon be stabilizing. france has now become the fourth country to surpass 3,400 deaths. major cities already having orders in place have some people heading to their country homes in hopes of avoiding the virus. . >> translator: there's no need to panic. we're not panicking. we're just minimizing the likelihood of getting infected in a mathematical way. >> to get down in the

this video was taken at costco in san francisco. >> wal-marts their hours. >> reporter: amid the growing coronavirus pandemic people streaming to their local stores where they're finding long lines just to get in. >> it was quite crowded, and we had to wait outside for about 20 minutes before they let us in. >> reporter: experts are calling it fear contagion, and those fears pushing people to panic buy. >> there's no water bleach, clauorox wipes. >> reporter: health experts say shoppers should concentrate on items part of a healthy diet but also stock up on staples. >> you get the rice, the beans, the spaghetti, things like that, peanut butter. if you have all that on hand you don't have to make as many trips to the grocery and be in touch with other people. >> two super market chains, public and north carolina based announcing they will be closing all locations early each evening to concentrate on cleaning and restocking store shelves. if you want to avoid stores altogether the cdc is suggesting other ways of getting groceries such as through delivery services. >> you can ask the delive

they can to keep all of these public communal areas clean and store shelves empty, warehouses like costco, out of toilet paper. chris is live in times square. chris, the center of the world is extremely quiet, even just for past 6:00 a.m. >> it really is. i would say being here in times square at this time of the day is always surreal, but this is really surreal. i've give a little bit of a look behind me. normally this time of day, you would see a lot of tourists out here. right now, we really just have members of the times square alliance cleaning up. i'm struck really by the rack of traffic around here. at the very least at this time of morning, you would start to see a lot of vehicles come through the crossroads of the world. and we're not seeing that at all this morning. it's surreal. that is the best way to put it. new york city is going through what the rest of the country is going through, but with some very different issues. as you mentioned, broadway shows are canceled possibly for the next month. so that means that last night a very nice spring, 60-degree night, a friday night

however, last week shares of costco, walmart and target all rose as sales spiked amid coronavirus buying in those locations. joining us right now for more on the story is bill simon. former walmart u.s. president and ceo and jan kniffen. jan, let's start with you. the tales of retail destruction. what's really happening in the malls and some of the other places >> well, before i was really worried about the supply coming out of china the fact trfactories are back u and running. it's really going to be okay because now we have a demand problem. nobody's going to the mall all of that product not showing up wasn't going to sell anyway yes, if you go to costco, walmart, target, there's people hoarding i was there. at 9:45 store doesn't open until 10 the parking lot was full. so that side of the business is fine the mall side of the business, nobody's there they're way down on traffic. >> let's talk about the positive story where we've seen excess shopping like costco, target and your former employer, walmart. >> they're good at supply chain and low guess sticks they're able to keep their she

and i certainly went out to costco last thursday and fortunately already had enough toilet paper and i bought plenty of supplies. so, it is natural for us to, during crisis, to go inward and to protect ourselves and to protect our family. and i think, you know, this is a great opportunity for us to kind of wake up and to step out of that a little bit and start thinking about others and having concern for others and what they're going through at this time. i really hope this is a wake up call for our country to enact what we need to take care of people. we need universal health care. we need paid time off. we need paid sick leave. there's -- there's so much that needs to change that i'm very hopeful that we'll wake up to this and we'll start making some big changes after this. >> any change that comes in society necessarily starts with the feeling that you have put on display for the audience tonight which is you make a decision to care about somebody other than yourself. so, jennifer, i wish you well. i hope it is uneventful and yet very helpful to researchers in giving us a better w

. >> others are talking about walmart and target and costco. you have a defensive case for walmart at another shop as well, open e oppenheimer. netflix. a lot of names >> i added to amazon last week i added to alphabet. i shaved a little micron but i increased my micron dramatically yesterday i increased my exposure and shorted more of the s and h. i'm trying to hedge what i'm doing. picking companies that i think is quality i added key site a very small position key site. key site has not come down as much as others 5g gets moved up in terms of deployment because you do so much over private network with 5g let's distinguish between markets and stock. some stocks, my portfolio is a lot higher than the market not a lot higher but higher. my stocks will go down more, i get a much better opportunity to buy. you don't know what the earnings are. visa, which carrie added to, i own it i haven't soiltld it. visa cut their growth rate market traded up on the premise we'll have a return to growth this year. we didn't. so when that premise changes the ma

stand as to how retail has been played by inv investors during this crisis is it very simple by the costcos and defenses of this world >> you buy the retailers that have been doing well before this i don't think you really want to step into these retailers that have been under a lot of pressure because of this because they already had fakctors workin against them a tough call foot locker in the short-term. i don't think anybody wants to go try on shoes right now. hand sanitizer may only be 5%, but lotion everybody's got a a lot of dry hands right now. another 5, 10% >> you're taking the bull side >> we have up 3.5% on the s&p. breaking news from the white house. eamon. >> we're learning more about what the president pitched on capitol hill in his meeting with senate republicans and what's under consideration here at the white house in terms of economic ideas. a white house tells me that a assistance to the shale oil industry is under consideration here at the white house. they cautioned though that they don't know whether or not that will be needed and they're saying they're not talking abo

government, here's what the world will look like there will be a few companies, walmart, amazon, target, costco and home depot then there will be 50 million people unemployed. if you don't get this done, that's the world there will be jpmorgan, bank of america, wells fargo and maybe citi we run a risk now that's all the companies and they're the only ones who have the credit to do it we can't have that happen, madam speaker. t that would be the disaster for america that you and i both think is unthinkable is there any give? do you have -- do you need something from mnuchin what are you willing to give in return so we get this done today and we do not have that look of what this country will be if we don't get agreement. >> we have to get agreement. that's why you have to weigh the equities when you're -- i didn't want to do immunity from liability, but i knew i had to do that to do the masks, so we can get the masks out. again, it's legislating. you don't get everything you want that's called compromise that's important >> right >> and weighing the equity of getting those checks, as you all wer

at costco yesterday it was nuts, safeway as well, people filling their carts as high as they could go. certainly people are trying to stock up in case they have to stay at their homes and extended time. elissa harrington ktvu fox 2 news . >>> this morning a handful of passengers are still on for the grand princess cruise ship docked in the port of oakland and the ships operator says nearly all of the 2400 passengers have disembarked with 14 international passengers confined to their rooms, they are waiting for arrangements to get back to their home countries, 1000 crewmembers are still on the ship which is expected to be at the port at least another day. >>> for major cruise lines have agreed to suspend all outbound cruises from us ports for 30 days and the companies are norwegian, royal caribbean, carnival and msc cruises and the state department and cdc advisor later this week for traveling on ships because of coronavirus and disney cruise is suspending tours as well>> passengers evacuated from the grand princess still in quarantine at military bases through out the country and we c

why the popular free food offers at some costco stores are being suspended for now. tco stores are being suspended for now. joint pain, swelling, tenderness. my psoriasis. cosentyx works on all of this. cosentyx treats the multiple symptoms of psoriatic arthritis to help you look and feel better. don't use if you're allergic to cosentyx. before starting, get checked for tuberculosis. an increased risk of infections and lowered ability to fight them may occur. tell your doctor about an infection or symptoms, if your inflammatory bowel disease symptoms develop or worsen, or if you've had a vaccine or plan to. serious allergic reactions may occur. watch me! get real relief with cosentyx. watch me! show your gut some love. only activia has billions of our live and active probiotics. a delicious way to enjoy probiotics every day. with 20 years of devotion to gut health. activia. like no other. hey allergy muddlers... achoo! ...do your sneezes turn heads? try zyrtec... ...it starts working hard at hour one... and works twice as hard when you take it again the next day. zyr

plus a big change coming to costco today it has nothing to do with the coronavirus. imagine that. keep it here on fbn:am. there's a company that's talked to even more real people than me: jd power. 448,134 to be exact. they answered 410 questions in 8 categories about vehicle quality. and when they were done, chevy earned more j.d. power quality awards across cars, trucks and suvs than any other brand over the last four years. so on behalf of chevrolet, i want to say "thank you, real people." you're welcome. we're gonna need a bigger room. ♪there's a me no one knows ♪waiting to be set free so, what's the empty suitcase for? the grand prize trophy ♪i was born to be somebody lauren: nationwide academic taking center stage during first one-on-one debate between bernie sanders and joe biden the candidates waste no time slamming president trump's response to coronavirus. >> well first thing we've got to do but we're not on president is to shut this president up right now is unacceptable for him to be blabbering with unfactual thftion. the world health organization offered, offere

meantime, people have begun lining up before 3:00 in the morning at a costco in southern california. while you may see few empty shelves, costco's ceo says the flow of goods into the stores is strong. >>> meantime, in today, they talked about an effort by the california grocers association to have stores voluntarily limit panic buying. but if that doesn't show results in a month, he is ready to introduce an ordinance to make it law. >> if they cannot regulate and it is not working amongst all stores, then we need to see what we can do to implement something county wide. >> the ordinance would limit purchases of some items to just four. he adds that when one bay area county starts a safety campaign, others are likely to join in. >>> still ahead, a couple is ready to get married at beautiful san francisco city hall. but now those plans are on hold. what happens to their marriage license, which is about to expire. >>> and, no, those are not coyotes. what had a north bay community howling last night. >>> and i'm meteorologist drew. we are in and out of the showers today and tracking more

valejo saturday moing the line wrapping around the store shoppers lining up with cards at the haard costco around one in the afternoon people braved the elements some wearing mas to prevent any type of what did you stock upon today. >>among the news at home. >>up next we visited the haber target where employees sa people lined up hours before thestore opened and wiped out shelves carrying disinfectant products with thlimit of one item per person same rule applies to bottled water in concord trader joe's has been busier than thholidays, according to worker the store ran out of toilet paper anpaper towels whole ods in fremont paper goods were also out including alcohol and cleaning supplies. >>after talki to a number of ste managers and workers the best timto do your shopping seems to be first thing in th morning. we're shipments are likely to come in and shoppers are welcome to call the store ahead of time. >>we're here in fremont gayle >>the coronavirus outbreak is causing most scol districts in the bay area to cancel classes today, santa ra city schools and san ramon valley unified school

it was very light as far as the people that were there i was also at costco and stop and shop and it was literally the busiest i have ever seen the costco i was in and it's never busy at the end of february. it's very normal end of february you're supposed to be able to drive in and park. there's supposed to be shopping carts. there was neither. i had to drive around the parking lot until somebody pulled out to park that's never happened to me including at christmas and thanksgiving. >> the west coast to the east coast people were out and stocking up. they want to make sure that they stock up in case there's supply issues down the road. >> evercleaning product out of the aisle gone but it was the same story at costco they were buying rice. packaged rice at such a rate that the people were stocking the store. >> does this actually matter >> i don't think this is a few days you're going to see this go on for a long time. 60 million pop in america came down with the swine flu over a one year period. 275,000 of them got hospitalized and 12,000 or 13,000 of them died this thing may not lo

at the costco in novato, yes, they are still seeing lines. >> and the biggest message we have is don't panic. we have product. >> call the local grocery store and find out when the slow-times are. if you see a crowded aisle. skip it or wait for people to leave. if possible, have one person in the family, handle the grocery shopping. so there's less people in the store. pick long lasting food so you can limit your shopping trips. and don't forget, to thank the grocery employees. >> and that's what keeps me pumped up and motivated. i feel like hey, i'm giving back to my community and we are all going get through this. >> and medical experts warn against using cash when you pay, if you can, uses a credit card or a debt card and don't forget to wipe that down as well. that was the latest here. nbc bay area news. >> where would we be without all the people at the store. thank you. a new temporary shelter for the homeless in the city, about an hour ago, the mayor announced they would open up a center for the homeless. it's an effort to continue social distancing in shelters. mayor said that

gathering in one place, now they've all come back from overseas, they're probably all going to go to costco and kroger tomorrow to stock up on their groceries. >> that's a fair point, yes. everyone was kind of surprised. most people got word in the middle of the night or the middle of the night wednesday night, thursday morning, wherever they were. but, that something was up. but, if you called your airline and asked them what you should do and what, you know, i'm a citizen, can i come back, the airlines had no idea what was going on. it was very confusing for everyone. no one knew if they had to come home immediately or if they could even get a flight. so it was not a clear situation. >> so you, i mean, clearly you don't think that this was well thought through from, you know, ban to entry. >> no, i don't think it was. and the people working were very polite, and we had someone mention to us that was working there that this is such a fluid, constantly-changing situation, we have no idea. >> where were you coming back from? >> paris. >> paris. how are you filineeling, being in the country n

marissa, she works at the costco in vallejo and she says i watch you all the time. i wanted to cash my rebate check and she says, hey, i know you. she was very kind. so, we do have a cooler pattern finally kicking in. it's long overdue as you know. and what about rain. it sure looks like it. the forecast model. the n adamm just came in and it has 19/100. let's see if it holds that. this is the european model. it does look like some rain. and, then, next week we'll see where it all sets up. could be central and southern california more than us. today, it's all about the fog bank. i'll say. it just flew back overnight and now it's making a good surge here because the wind has turned on shore. so we have 40s and 50s on the temps. that system to the north will be the source we hope of some rain for us early saturday morning. we need it. i know it's saturday morning. you probably have some plans. that's the way it's looking right no and the way things have gone we 0 could sure use it. we want to end this dry stretch. we really do. there's your saturday morning. the rain

they are fighting over toilet paper at costco. there are some places that are jammed. this is the line. hundreds of people around the block. this was just down the street from where the food trucks were. these people were waiting to get into the nintendo store to buy -- i don't think if they think they will be locked up for a long time so they want the new game or don't care about being in a small space. but, you know, between that and grocery stores for the aisles are packed, some people are doing great and some people are going to go out of business. it's crazy. it's tough to tell. it's heart-breaking for the little guy. >> tucker: not that worried about the credit card companies or. melissa francis, thank you for that. >> melissa: all right. >> tucker: from the early days of this crisis, the left was distracted by its need to cry racism whenever someone called the chinese coronavirus what it is a vice from china. that's not the only politicized part of the response to this disease. currently the hyde amendment bars federal funds from paying for abortion. it's been i

the glory of his guts after this he was seen fighting with coronavirus propers over toilet paper at costco. congratulations joey chestnut. now the world record holder for the most big macs eaten and that sitting. the world for the most fingers is held by mayer bloomberg. i am a billionaire. topic number two, today it was commonwealth day in the united kingdom, and all eyes were on the orissa cats for many known as prince prayed that they are mr. and missus markel fulfilling their last, the official royal do his last minster abbey, mega having a klobuchar three and dress with a handbag where she keeps terry's meatballs. here's a couple, taking ins the courtyard, megan later ordering those women to be executed before seeing the royal relatives to the final favored should the throne. after the service of megan excepting flowers from her during public. they are big fans of the show suits, look who else attended the common wealth they activities. you guessed it, prime minister justin trudeau going a little overboard with the makeup. big fan though. a little early for halloween, sir. spreading t

the ceo of costco, todd jones, ceo of publix supermarkets. the president of tyson foods, chairman and ceo of cargill. rodney mcmullen, ceo and chairman of kroger, big company. doug mcmillan, ceo of walmart. he's been fantastic. doug was here, as you know, on friday and he watched the market go up 2,000 points. on friday it went up almost 2,000 points. the ceo of dollar general corporation. and the president and ceo of albertsons. so these are all phenomenal companies, great companies. we had a long conversation with them, and they've, they've got work 24 hours around the clock keeping their stores stocked. i would like to say that people shouldn't go out and buy, we're going to all be great. we're going to be so good. we're going to do finish what's happened with the fed is phenomenal news, what's happening with all of these incredible companies is phenomenal news. but you don't have to buy so much. take it easy, just relax. people are going in, and they're buying more -- i remember i guess during the conversation doug of walmart said they're

central america is the united states coast guard and they're able to stay on position longer and >> costco probably also tell you when you may as well, is that the national security qatar has been a game-changer. they're able to go down there and sometimes the only u.s. form of naval presence in south and central america is the united states coast guard and they're able to stay on position longer and interdict more illicit drugs coming into our nation. >> and what i would is one >> and what i would say is one of the reasons they're so effective and productive, it's a whole government approach. it's the cvp aircraft, the p 3sand other aircraft that's there. using the sam concept, working with other host countries as well. mexico, and countries in central america and the maritime operations as well to help them providing that capability. they can interdict in the sea as well. very proud what they're doing. >> we appreciate everything your agency is doing, and one last remark, 2 million pounds has been seized by the united states coast guard. that's a street value of $26 billion and those nsc

small businesses open if we come out of this, there will be three retailers, amazon, walmart and cost costco that is something that the government cannot afford to have happen if it comes out that those are the three, can you imagine, david, what it means for this country to have three retailers? >> no. no it would not be a good thing in so many different ways, jim. you're right, they're dominant already. and certainly cementing that dominance conceivably given the highly unusual conditions in which we find ourselves. carl, we have an opening bell. over to you. >> david, let's get to the bell. final day of trading at the new york stock exchange for the week before they go all electronic. tom green is the vp of building operations at the nyse the global head of capital markets at the nasdaq there. in terms of today's activity, oil has been swirly today as the russians say we don't need anyone to intervene in our saudi relations after the president said yesterday that there was opportunity perhaps -- it's hard to know what he meant in terms of restoring some stability to oil. >> it is interest

costco is no longer giving a free sample program due to coronavirus virus concerns according to usa today >> that's okay i'll talk to rich glanty and suggest they don't suspend that. wouldn't it be nice with gottlieb helped pence. i would love to say you're in pence, fouci you're going to do a good job, provide leadership anything can happen. you can do that. >> pence is meeting today with -- he's doing a teleconference with governors at noon the task force meeting at noon a press briefing at 5:30 the president is in florida and holding a fundraiser >> a fundraiser? >> yes >> for small business? >> no. it's a i think a campaign fundraiser the vice president will hold the meetings your argument is bring in health officials from the private sector >> yes say listen, if we need to, we'll make it so that every -- we'll do kind of a wuhan plan in place. we know how to build hospitals too. does it have to be only the chinese? what is this the eighth army building a bridge? we can build hospitals we need to be led. >> we could also borrow at ten years at less than a half percent. >> i would like

we're talking more about costco and dive into numbers there. another rough day we talked about for oil and energy any opportunity here maybe we'll hit that as well be sure to check out app download it today. 'rba aerhis. >> announcer: the cnbc program sponsored by invesco qqq b11 is that? steve harvey? give me b11 isn't bingo just an ok use of your hosting abilities? it's like getting a samsung galaxy s20 5g, and not getting it with at&t. america's best network. bingo! no, you can't have bingo. i just called out two numbers. you do this every week! get the most from your revolutionary samsung galaxy s20 5g. switch now and get one free from at&t. building 5g on america's best network. the most reliableou are, xfinwireless network you to connect you with those who matter most. that's because it's the network that gives you the best coverage and more flexible data that you can share, mix with unlimited and switch at any time. you'll save up to $400 a year on your wireless bill. plus, get $300 off when you buy a new samsung galaxy s20 ultra. xfinit

take a look at these pictures from someone who visiting a costco in wayne, new jersey. been to that one over the weekend. it wasn't me now we have nowhere to go. and everyone's taking the baby wipes. they found empty shelves like these and the run has lifed toks like kroger and costco which is higher in the past week and has earnings after the bell, let's bring in rupesh from open heimer good to see you. first of all, can both kroger and costco cope with this level of demand for the foreseeable future >> yeah, i think they can. so i was at costco the past few days and stocks on the toilet paper so i think ko is handling it well and then for kroger, i would say the same thing if you give these companies time, they are able to restock their shelves, so i would expect the stocks to continue improving in the comiing days >> i guess the question goes back to the long-term benefit that these stocks might see. it's understandable there would be kind of a one time rerating as people say you know what, and by the way, they have backing buy kroger r and costco has been one of the

a line wrapping around the building at this costco in washington state. and in northern california, empty shelves as people stock up on things like wipes, toilet paper, and water. health and human services secretary alex azar promising to expand testing. >> we're ramping up testing. we now have 75,000 tests available out there in the united states. over the next week, that will expand radically. >> kaylee joins us outside the nursing home. health officials could be dealing with a bigger problem in washington? >> reporter: that's right, tom. researchers in washington tell us their analysis of samples of the virus strongly suggest there has been the virus spreading for six weeks in this state. authorities have shut down a high school after a student tested positive there. and tonight, two newly confirmed cases in california. tom? >> kaylee, thank you. >>> next to the growing travel danger as coronavirus cases jump. americans urged to cancel or reconsider travel plans to europe and asia. the louvre shut down. 130 new cases in that country and a nearly 80% in

walmart is big winner with larger retailers like costco. i want to focus on costco for a second. that is one of the s&p 500 winners. why? you have the expectation that people are still stockpiling. so they are going to costco to by. pictures of huge lines in costco optimism towards end of the day, that traders, investors, believe, policymakers, central banks will come through to mitigate any type of impact from the coronavirus on the global economy. back to you guys. melissa: kristina, thank thank . oil snapping a six-day losing streak. let's go to phil flynn with more on that. phil. >> it sure did. kristina said you never want to fight the fed or all the central banks across the globe. oil prices are responding to a big move back up on the stock market. even signs of demand destruction, even though it has been historic may have not been as bad as we originally thought. there is a lot of talk about opec. they're the central bank of oil. they like to tell themselves that's what they are and there is a lot of rumors swirling around about a production cut. the meeting goes on the 5t

. >> they are going to costco in droves. the lines are out the door and wrapping around the building. >> traffic in some cases backing up on the free ways as they wait to get in the parking lots. we are seeing stores putting limits on what customers can buy. >> reporter: could it be people working from home were sneaking out to go shopping, a lot of this costco was busier than usual as seen from sky seven and other locations shoppers were lined up to get in, waiting an hour and a half to two hours due to capacity limits. even this though with a short shopping list got caught up with >> i thought i was going to buy a couple of things that i was running out of. when i saw happening around me, it stuck pre. i should buy more. what if i cannot leave the house. >> fear of quarantine was sneaking in. but others because they have to stay home. she spent $300 here the other day. she is back again. >> i have three kids at home and they are not going to be going to school for almost two weeks and we have to feed the kids. >> carts wer

>>and be from cisco location of ran out of paper towels while viewers at costco locations in the east and south they say the store's round of disinfectant wipes and hand sanitizer pretty crowded today a lot of people buying this. >>the central the >>a lot of people had toilet paper. >>and bottled water and the carts meanwhile, this is what some of the shelves look like at other stores like walgreens and target in san francisco viewers across the bay area also sent us their photos. this is what one of the target stores looks like in sunnyvale and here's a walmart in pleasanton and a safeway in marion, some stores even posting signs like this cool hardware in san francisco. and this rite aid in oakland alerting customers at the stores out of masks and hand sanitizer it's spreading. >>i wore my mask, well i was shocked. i saw a lot of people wearing masks to many people are still wearing masks and looking for supplies. the cdc and us surgeon general say they won't help on saturday. the us surgeon general tweeted quote seriously people stop buying masks, they're not effective in preventin

costco is pulling their free samples. [ laughter ] trump needs to send mike pence to costco to figure this out right now. this is also scary news for costco shoppers. this was from the weekend too. o.j. posted, "coronavirus? who's afraid?" [ laughter ] i don't know. are those two separate questions or one? because whenever you're out in a mask we're afraid, all of us. [ laughter ] i've been doing my part to fight the coronavirus. the virus we are trying to spread is called the elbump. there it is. e-l-b-u-m-p. we branded this last week. and it seems to be catching on. for instance on kelly and ryan, there's whitney cummings doing the elbump very elegantly. mike and tony from pardon the interruption. djimon hounsou. he did the elbump. coach k and roy williams. even vice president mike pence is participating. put it there, soul brother. keep doing that. just get in the habit of doing it. the president publicly seems determined to keep shaking hands. he has said that and that he will not cancel his rallies. but a report today from "vanity fair" says he is privately terrified about gettin

>> you know, it's not just costco. it's scores all across america right now. i'm in front of an aldi. the store just opened at 9:00 and standing outside were about 25 people waiting to go in. the president did say that based on his conversations with the executives of grocery store chains across the country that they are estimating consumers are buying about 3 to 5 times as much food as they normally would and that's causing pressure to the supply lines. to give you an example of how difficult it is just here in the kissimmee, orlando, area, we ventured out and did a little shopping on our own. this is the sort of sign that's handed out. it says due to the demand they're limiting at scores what people can buy. toilet paper, two rolls, towels, two rolls, eggs 3, milk, 3. they're limiting it. we went and purchased a roll of toilet paper, some bleach and the tiniest of all little hand sanitizers. it took three hours going to six stores to find this. so you get an idea of how difficult it is, stephanie, to find the items. the question is, are people going to sort

now understand even the best ones like a splunk, greatette quarter, down 14 today like a costco getting hit in the after hours. anything can have a short-term problem. but i am with bill mcdermott i am with servicenow let's go to chris in virginia, please chris? >> caller: hey, jimmy chill, boo-yah. >> boo-yah, my friend. what's going on? >> caller: hey, i'm 33 i've been watching this show since high school. you've really helped me mold myself into a great investor i'm grateful thank you. >> thank you >> caller: i found a company that really seemed to benefit from the secular tailwinds of the growing esgn indexing trends what's your thoughts on msgi >> run by my good friend henry fernandez. yes, he is my friend, from real life he is my friend because he and his wife are good friends with he and my wife handy does a remarkable job. i've been recommending his stock since i met him. and i'm sticking with wit. i met him a long time ago. charles in new jersey, charles >> caller: huntsville. your insights on dq? >> have i enough problems. this is a chinese company and i think the chinese mark

i was in costco over the weekend. god bless american consumers people were piling up pecans for the pandemic why? they had enough mustard for generations. >> they last a long time >> consumers are very brave. it is businesses that lose their nerve. that is the point. >> good point. goldman, travel restrictions target cancels the investor day. vanguard is cutting all cross border travel for the foreseeable future who is freaking out more, consumers or companies >> i think businesses have legal concerns and there are some genuine concerns but businesses are cautious about this they don't want their employees to come down with this virus a lot of things can be done with telepresence and teleconferences. businesses generally act more prudently. consumers when it comes to the issue of consuming are pretty brave. >> last question to you. you're talking upside risk and say there are buys out there which industries are you looking at >> we think there's still enough worry for the down side and enough uncertainty overall that

a line wrapping around the building at this costco in washington state. and in northern california, empty shelves as shoppers stock up on wipes, toilet paper, and water. health and human services secretary alex azar promising to expand testing. we're told seven residents of this nursing home just outside seattle are exhibiting symptoms of the virus and they're in isolation. a high school in everett, washington, has been shut down after a student tested positive there. kaylee hartung, abc news, washington. >> our thanks to kaylee there. the trump administration is working to assure americans that the threat of the virus is low. the white house says testing kits are being distributed to local officials and more on the way. >> the administration has also implemented the highest travel advisory to regions like italy and south korea, which have been seeing widespread virus outbreaks. people headed to the u.s. are being screened. the president said in a tweet sunday they will also be screened when they arrive in america. >> in paris the famous louvre museum was

i've never seen anything like it at costco. i don't understand it, it's not an earthquake. >> reporter: abc 7 news spoke with a doctor you know night. she said the general population should stay calm. >> people in the general population shouldn't wear masks to protect themselves from covid-19 unless you're instructed to do so by a health care worker. good general rules for the general population is not to panic with current coronavirus. >> lauren martinez, abc 7 news. >>> that appeal to stop buying masks put out by the attorney general. they are running out of them that health officials don't have enough to use. we fwho you have a lot of questions about coronavirus and full guides and tips on what you need to know is on the website. a running tab ofal have to do i abc7news.com. >>> now to your voice, your vote. happening today democratic candidate bernie sanders will be in san jose for a rally ahead of super tuesday. his campaign says sanders has seen an out pouring of support in california particularly among young and latino v

>>pam we're here at the costco in concord it's much calmer than it was earlier but we saw hundreds of shoppers coming out here today pushing out shopping carts with lots of groceries toilet paper and all of the things that they need. >>supermarket mad dash continues at stores all across the bay area, hundreds of shopping carts filled with groceries were pushed out of the costco in concord shoppers say they needed to stock up. >>for the weeks ahead 7 a sparkling water biggs a some veggies and spinach and just some healthy food had see ceac in that's shovels shrimp. >>the items shoppers say were essential before beginning a 3 week stay at home order issued by bay area health officials the news sending shoppers in the east bay into a panic many trying to get toilet paper meat produce and water. much of it selling out through scary that's why we're trying to hurry up and get into the house because he never seen anything like this are anything never happen like this. these pictures show empty store shelves at a safeway in san ramon, the pasta and bread virtually wiped out. a mother of 4 br

. >> i panicked because i went to costco, there's no water. >> reporter: these are various costcos and a line just as long outside a store in brooklyn. at this public supermarket in ft. lauderdale they were doing double takes over this, seeing a shopper who was either kidding or taking the coronavirus fears very seriously, dressed head to toe in a hazmat suit while getting supplies at the grocery store. >> the end of the line for the toilet paper and paper towels is right here. >> reporter: coast to coast, even hawaii, stores that were recently filled with bottled water, baby wipes, and toilet paper empty. >> we saw the masks first. hand sanitizer went a little after. people are nervous about the potential spread. >> reporter: one consumer research firm says sales of dried beans are up 10%. thermometers up 47%. hand sanitizer 73%. none of those numbers take into account sales from the last week and a half. on their website, kroger announced they will be limiting the number of sanitization cold and flu-related products to five each per order. >> i think that's really good that they're l

, all higher and many are worried about the spread of the coronavirus breed of shoppers flock to to costco and walmart over the weekend stockpiling everything from ten beans to toilet paper. you can see the shares higher over 7% than walmart and walmart announced it would launch its own amazon prime kind of membership. not everyone was a winner today, shares of lake linda plummeted and both companies. they urged people on twitter to "stop buying masks because they're not effective in preventing the public from catching the coronavirus." right now, investors don't know what the economic impact of the virus will be but today, you can see markets roar back. bret. >> bret: christina, thank you, other top story tonight, major movements in the democratic presidential field beta i was away from tuesday voting in mayor pete buttigieg and klobuchar out. if vice president biden say he's all in. correspondent peter is here to talk all about it. >> democratics desperate to deny bernie sanders the nomination are getting out of the way and amy klobuchar, pete buttigieg dropped out. >> are you trying to