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Transcripts For CNBC Closing Bell 20240712

Contracting by 5 this year and within the s p headlines like those punishing reopening trades, punishing pretty much everything as you can see behind me particularly the likes of norwegian cruises, winn resorts, banks, airlines sliding significantly. Some of those names down as much as 10 sara. Weve got a huge lineup of guests to help make sense of this selloff today for you air yell investments john rogers saw a onceinalifetime buying opportunity. His take and where we stand now. Plus well discuss the new tristate travel order what it means for the entire leisure landscape for ceo of booking holdings, a perfect day to get thoughts on what travel will look like well speak to the ceo of slack about working and new product today. Full Team Coverage of this pullback and final hour of trade. Mike santoli tracking Market Action the most concerning covid outbreaks with the new numbers and Brian Sullivan watching the drop for energy sector, the worst performer. First lets get to josh lipton w

Transcripts For ALJAZ NEWS LIVE - 30 20240712

Losses. More than a 100 jade minus a killed in a landslide to me in my in the west acts into this kind. They have been more protests and violence in ethiopia days after a popular singer and activist was killed by an unknown gunman a child whos been buried in his hometown was an icon for his countrys biggest ethnic group the roma more than 80 people were killed in the days before the funeral now today reports now from nairobi. The funeral for theo paean singer john lewis was held in his native town as under arrest over his death spread from the region where he was seen as a huge. The crowds of bullets were not as big as and disagree to many saved. Had been turned away by police and is in the funeral procession could turn into one of the protest. For the single was shot in the capital of the suburb on monday the motive for his killing remains unclear the musician and activist embodied the spirit actions of ethiopia slug just at the new group the omoore his songs focused on the rights of

Transcripts For ALJAZ NEWSHOUR 20240713

A likely announcement by President Trump against his controversial security law. And help for 2000000. 00 of spains poorest hit hard by the pandemic the government approves a plan for a minimum income. So then the Police Officer at the center of the raging controversy over the death of an black man george floyd in the u. S. City of minneapolis has been taken into custody there have been has been arrested it made it growing outrage following floyds death police have been trying to regain control as protests continue in the city and National Guard has been called in and the mayor has declared a 72 state of emergency or joining us now is us now at a journalist in minneapolis and allison so during the infamous one really in the cell phone video now in custody do you think thats going to help appease the situation on the streets. I can only imagine that it would. Im told that you know this came about because just 30 minutes ago or less than 30 minutes ago the governor had just finished givi

Transcripts For CSPAN2 Hearing On The FDAs Foreign Drug Manufacturing Inspection Process 20240712

I thought this happened. Good afternoon everybody i want to welcome everyone to the finance Committee Oversight hearing the fda foreign drug manufacturing inspection process. And the taxpayers whether medicare or medicaid and second and the jurisdiction under trade with the responsibility that only Quality Pharmaceuticals that responsibility is heightened now that we are living through the covid pandemic whether were in the midst of a pandemic the supplychain and starting june of last year on this issue to secretary as are in the commissioner. I ask a series of questions related to manufacturing facilities overseas to file dosages for drugs and pharmaceutical ingredients and throughout the day also with the fda managing its inspection regime that says the fda does conduct some unannounced inspections on the frequency but the gao and 2019 that they estimated they generally provided 12 weeks of notice before the inspection for them to do their jobs and 12 weeks common sense tells me ther

Transcripts For BLOOMBERG Bloomberg Markets European Close 20240713

Deterioration here. We are suddenly down. 6 having gone negative a few minutes ago. Our bloomberg reporter is suggesting it is chinas response to President Trumps accusation. Safeguarding it will its interest and offer countermeasures after trump sent, a letter to congress a strategic approach. We will see if this continues throughout the afternoon. 500 isow the s p down. 6 . The Boston Scientific is down 5 . Best buy is down 5 , and many other companies. The 10year yield at 66 basis points. Dire Economic Data again today. Justollar index, it was about 99 at the beginning of todays session. Above 34 a barrel now. Higher. Long as it is lets talk about what is happening with the negative rates in the u. K. Replicated over in the United States as well. The eurozone has that experience. Tom withfrancine and the former governor of the bank of england. This was his take. I dont think it is credible to believe a longterm solution to the problems we are facing can be achieved by moving Interes

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