S p up 42 at 4 00 oclock on wall street. Getting tough on china, acceptable or the tom cotton is here, introducing a bill to revoke chinas nation status and whether tiktok and oracle will keep your data safe. Ken cuccinelli on actions to block chinese products made with forced labor. Wild fires raging on the west coast as the gulf coast is feeling the power of Hurricane Sally, we have the latest on the deadly threats. One soda company has a new drink that could help you sleep. Mornings with maria is live right now. Maria lets check european markets, rising from may to july, cac quarante is up 20 and dax index in germany higher by almost 40 points right now. In asia markets mostly higher signs of make recovery in china. Up half of 1 in the month of august. Months are released by the communist party as we always like to remind people, shanghai up half percent. Some of the top stories that we are watching this morning. President trump headed to philadelphia this morning after pushing the
Things will get worse this fall, and we may not see things back to normal until the end of 2021. And pandemic pause. More parents are opting to create back yard schools pairing Close Friends and private teachers. Well look at the cost and the problems it may be causing. First, we begin with a look at todays eye opener, your world in 90 seconds. What were experiencing right here is coming to community all across the United States of america unless we get our act together on climate change. Reporter this years fire season in the western u. S. Is already one of the worst ever recorded. Reporter these 100 fires have burned 4. 5 million acres, nearly the size of new jersey. Just incredible. Reporter sobering prediction from dr. Anthony fauci. Normal life may not return until the end of next year. Its not going to be an overnight event where you have a vaccine and then all of a sudden everything is okay. Reporter all four Police Officers charged in the death of george floyd went to court. Th
There and that continues, at least. No rally 37 bucks. So many different stories to choose from. Lets start with oracle. Those shares are jumping ahead of the bell. Apparently beat out microsoft and walmart in a deal for tiktok and jim and i will go over this and find out what represents a deal nvidia arm holdings. Jensen huang will join us later this and verizon ceo, yeah, why not. Talk to us about that deal, as well verizon buying track phone maybe as much as 7 billion with certain targets met. Jim, no shortage of m a and didnt even get to the gilead deal give me your take on where we stand on the markets before we Start Talking specifically about this tiktok transaction. I can argue i want older people who keep saying the market is too high to cover their ears i could argue that all these deals this morning add up to a market that some people think is too cheap. The amount of money that is going into stocks that i think many people felt were overvalued is astonishing, david. And i t
One of the great men of American Business will join us following the nfl teams first time back oen field without fans but players bringing attention to social justice around the country. Power lunch starts right now guess were together but separate, once again welcome to power lunch. Billions of dollars of deals on wall street today. For 20 billion, gilead adding to its cancer fighting portfolio. Its basically doubled next up for 40 billion, the biggest chip deal ever, nvidia buying arm holdings which designs chips. Up 8 and finally not quite a deal yet oracle betting to be Technical Partner in the u. S. September 20th deadline. Oracle shares up 5 on the news. Well have all of this back over to you all those big deals on wall street helping the comeback rally in stocks. After two down weeks in a row. We havent seen that in a long time jim paulson joins us now is your time to buy the dip. Welcome. Good to see you. You see the marriage between wall street and main street looks as strong
San Francisco Muni is free today to help get people to contained. Whether relief centers. Attractions including near woods, alcatraz and fort point are all closed today due to the poor air quality. The fire has now damaged or destroyed at least 2000 homes and buildings and is what are the effects of this threatening about 4000 more. Poor air quality on our health . Today governor newsome toward the massive fire area around orville as a break in the weather and the slight dr. Stephanie christiansen possibility of some rain joins us live this afternoon. Provided a small measure of she is an assistant professor hope for people in that region. Of medicine at ucsf. Tom vacar joining us with more on what the governor sought to day and what he had to say. The dr. Thank you for being here. We are going on nearly 4 weeks in a row of these conditions. It was a very somber gavin what are the dangers of the extended exposure to this newsom. Wildfire smoke . I think especially for people with preex