Right rally, are registered as taxexempt charities. Coming off his big win in who wants to be a millionaire, chef david chang will tell us how hes going to help restaurant workers hit hard by the pandemic. Hes got lots of ideas. First, heres todays eye opener. Its your world in 90 seconds. What weve done now with thanksgiving, you see the difference two or three weeks from now. Right at the time that people would be traveling for christmas. Promising breakthroughs on covid vaccines are lifting some spirits as cases surge. What is your expectations come june for how Many Americans will have had this vaccine . 100 of americans that want the vaccine will have vaccine by that point in time. Lawmakers are hoping to pass a Coronavirus Relief bill as the final economic protections from the stimulus package are set to expire. We need come together. Both sides must give. Dr. Scott atlas, a controversial member of the white houses Coronavirus Task force is apparently resigned. Gail force winds k
Efforts to keep people safe. And from the big screen to your living room. A Hollywood Studio plans to stream all its new movies at the same time as they are in theaters. What it means for the future of entertainment. Thinking outside the box. First, heres todays eye opener. Its your world in 90 seconds. We as a country are in a very, very difficult, if not crisis, situation when it comes to the explosion of cases. New concerns over vaccine distribution. Pfizer slashed its vaccine rollout target in half. In washington, nancy pelosi and Mitch Mcconnell holding talks about reaching a covid relief bill before christmas. Im going to have to ask for more. Right when you get there. When we get there. President trump has not ruled out firing attorney general bill brr. You still have confidence in bill barr . Ask me that in a number of weeks from now. A wildfire continues to grow out of control in california. Forcing thousands of people to evacuate. We had to depend upon neighbors to come and g
One of the hottest stocks in the market, General Motors dives in and the ceo will join us in just a moment power lunch starts right now welcome to power lunch. Im dominic chu. One bright spot is the Housing Market you have restoration hardware, williams sonoma, theyre jumping and then you have trex, which makes decking and railingtype products for homes and two Retail Stocks hitting new highs, will brands a the a 52week high, target at an alltime high yet again today after its big blowout Earnings Report yesterday. And, kelly, you mentioned the electric vehicle trades tesla a the at a new high is up 20 in just this past week kelly. All right, dom. The dow sliding today and heading now for a down week. Lets go to bob pisani for the action the markets are still having a hard time to figure out on what to focus. Do you focus on the spring reopening in 2021 and Second Quarter or on the covid winter right now . Today a little more focus on the covid winter the good news is tech which has be
Down days for the markets. Right now s p down by about 11, dow by 96, nasdaq off by about 47 we were so close to you dow 30,000 earlier in the week, but that seems to be slipping away a little bit 29,400 and change is where the dow is right now and again, down two days in a row, down again this morning and after yesterdays declines, all three of the major averages are in negative territory for the week a lot of things happening with covid and well talk more about that in a moment, but some of those concerns creeping back into what you see in the markets. If you are looking at the treasury market, the yield on the ten year right now is sitting just at about 0. 852 and the vix also spiking yesterday, probably a little bit on concerns about what happens as we go back into some of the lockdowns. The seesaw of good and bad news on covid. And well give you a bit of good news that happened overnight in the vaccine wars developed by the university of oxford and astrazeneca found to be safe. An
Reported hes been isolating with his family. There was a covid concern. Out of an abundance of caution, theyre isolating. There was a covid concern with some of his kids. Heres the bottom line. Heres what we gleaned from this afternoon. Again, there was a lot to die jef jest. He went into great detail about how the vaccine or vaccines will be distributed and how the state will help. The governor said the state will not be distributing the vaccines. Instead that will be up to the Drug Companies partnering with your health care provider. For example, if you go to kaiser or sutter haelealth, they would have it. However, the state will help in the distribution. Also today a third possible vaccine was announced by astrazeneca and oxford university. So now moving forward, among the pressing questions, do we have a choice on which vaccine to take, and who gets it first . It shouldnt surprise anybody that the phase one vaccination Distribution Plan in terms of prioritization is focusing first