Asking of them and they have a deadline to meet it. Reporter supervisors were given a list of demands calling for changes in the county like having Community Police oversight boards in every city. There was a big list of demands here. By no means were they causematic. Reporter it acknowledges a systemic gap for minority groups and add fight to the punch for institutional changes from health care to housing to help close the gap. Critics say the idea is noble but lacks specifics and there should be more concrete action. There will be a new set of conversations that many in the south bay say were needed to happen decades ago. Damian trujillo, nbc bay area news. Dozens of u. S. Cities and counties are proposing similar resolutions and three states are jumping onboard. Michigan, ohio, and wisconsin have declared racism a Public Health crisis. Other cities include denver and baltimore. From one Public Health crisis to another as the bay area continues to reopen, the number of covid19 cases
Lower starting point at 399 i asked cook if he was worried about the se denting demand for the higher priced models and then tanking his margins cook dismissed that telling us we are never worried about cannibalization. Our view is if somebody is going to cannibalize it better be us theres probably a little overlap between the two. The se right now cook saying appealing to android switchers and appealing to people who want the most powerful phone but in a smaller form factor. Sticking with the iphone i asked about iphone demand in china what are they looking like and can we use china as a leading indicator for other geographies in countries, europe and the u. S. Cook telling us there was a significant, very steep falloff in february that began to recover some in march, and weve seen further recovery in april so it leaves us room for optimism its hard to tell if thats a leading indicator, cook says there are differences. The u. S. Has had very bold stimulus programs and i think that wil
Up 41. 22 a barrel the giants of the industry, exxon mobil and chevron into bear markets. Where is the president , right now hes heading to the center for Disease Control in atlanta after signing the 8. 3 billion corona spending bill this morning. That seems like ages ago and now the dow is down 812 points. It kinda looks like no amount of money can fix which is gumming up and rupturing in great part to the coronavirus lowdown. It is hitting our nation with a 12 punch after last years trade war, we will take you life to the port of long beach in what is now the fullblown shipping container crunch. From ports to people as 50 new virus deaths overnight add to italy fast growing number of victims, how is the biggest name and traveled to her that region handling the situation. Steven perillo of Steven Perillo tours joins us in a fox business exclusive on cancellations and his new policy. Less than an hour to the closing bell, lets start the claman countdown. Liz we have a bunch of breaking
Alphabet apple price target up to 300 couple upgrades at nike, goldman. A lot of research to the up side. Facebook and google in particular have been in the penalty box over regulation concern, trying people in front of congress, having to answer questions. As that was going on, we saw earnings hold up i had the question how long before the numbers outweighed some sentiment while the upgrade seems to be happening. Speaking with all of the market strategists dayin and dayout, they talk about the new trend of cyclical growth, not new per se, but some of the themes theyre focused on while these companies play into that theme. Interesting timing with the upgrade. Seems like theyve seen Sundar Pichai assuming the role as one that would lead to Brighter Future for the company you know, also in terms of valuation, seems like thats another thing that they look at as being a net positive. The other element, facebook in check by the hsbc call that says 40 of market cap could be at risk. Definite
We start with the tv streaming war, because the battle for your eyes and ears and your cash is about to get a lot more fierce in the coming weeks. Today, apple launches its tv service in 100 countries around the world. Apple hopes to take on Market Leader netflix and rivals hulu and amazon with its aggressive pricing of 4. 99 a month. Netflix charges at least 9 for its basic service. Apple will hope to sign up many of the 900 Million People around the world that have an iphone. Anyone that buys a new apple device will get one year of apple tv free. But what will there be to watch . The morning show, a tv news drama starring Jennifer Aniston and Reece Witherspoon that tackles the me too era, is one of eight new series commissioned by apple for the launch. But its a modest line up when you consider disney is about to launch its own streaming service with a vast library of classic films, including the star wars and marvel series. And its a very different proposition from apples previous f