Netflix up and gains by apple and facebook getting help this morning from what we see in oil prices. Youll see wti is up almost 10 . Up about 9. 5 to 23. 34. That is a big come back for wti. Thank you, becky. Oil market market oil thats been a lot of the story want to bring you other headlines. United airlines as mentioned, planning to cut about 30 of management jobs in october according to a company memo that works out to 2,400 white collar jobs and has also warn the pilots to prepare for displacement that it will let go about 30 of its pilots. The airline has accepted aid and if they cant may pay by the end of september 30. This was always the issue, if you are going to give government money and taxpayer money to the airlines, you are going to force them to keep people on the payroll, you are eventually planning to let go of them anyway, there is something off about how this program was structured we want people to stay employed but either restructure to a bridge where they can run t
It. The president of the united benefits and that federal stimulus. States calls the shots. Reporter President Trump state workers processed a says he has the right to decide when to reopen business in every quarter and a half million claims sunday. Those include unemployment state. When somebody is the benefits plus a 600 a week president of the United States, the authority is total, and thats the way its got to be. Boost through the federal total . Your authority is total . C. A. R. E. S. Act. Total. The feds say you can expect its total. Stimulus payments as early as and the governors know that. Wednesday. They will cooperate perfectly. Thats 1,200 for those earning watch. Reporter right now theyre up to 75,000 a year plus 500 not. Seven northeast governors and three on the west coast have per child. Partnered to come up with their the irs is also set up a new own plan on how and when to ease social distancing. California is putting together a bottomup plan, a site to check on payme
Welcome to the program of terms are underway to track hundreds of people across the world who may have been infected with corona virus during a religious gathering in malaysia its now been revealed the event was attended by more than 1500 International Guests from 26 countries florence levy reports. Hours before malaysia shut its borders thousands of malaysian workers who normally commute to work in singapore every day brushed to lean students also formed long lines at bus terminals as confusion over whether campuses which shut prompted many to try to leave 2 police stations were crowded after people were told they would require permits for intestate travel only for police to temporarily withdraw the order even after the partial lockdown was imposed social distancing was forgotten as by is rushed to supermarkets to stock up on essential i mean rushing in the lobby of. The difference. Even if. We should be more Infectious Diseases experts have watched with alarm at whats happening here
The dow and nasdaq not far amazing suits and float around behind. S of tiffany surging the cabin. It will be a great market after all. I see you are talking about space suit this morning interest in acquiring the that was designed by under company for 120 a share. Armour the next investing frontier, one of the questions that gets Virgin Galactic set to make the put to me a lot is how do you public debut here at New York Stock Exchange this morning. Sir Richard Branson will join us know it is going to be safe . First on cnbc. When it comes to space i mean so, markets are chasing some history this morning the s p is on track to open at space is hard, it got to go off an all time intraday high. On friday, closed within six without the hitch. Points of that record level no room for error here after being fractions away from setting a new milestone. How do you ensure thats the case and what do you tell jim, a lot of the bears arguing what has gotten here from july has been healthcare and ut
As a people feel that the policy issues of privacy. The commission has been in the spotlight with major cases in the Facebook Cambridge analytical and that youtube settlement and a series of hearings on competition and Consumer Protection in the 21st century with with a lot of that focus with data and privacy. We are fortunate to have with us today to commissioners, rebecca slaughter and christine wilson, both of whom have long background in Public Policy and becca slaughter is on the hill and wilson previously as chief of staff at the commission and both experienced in private law practice and other capacities so i want to jump right into it. Lets begin, if we could with an overview. You started in may of last year, christine in september so you both are about a year on and have experience in cases and hearings. How do you see the privacy we have today . What do you see as the key issues as we move forward . You are the senior commissioner on the panel [laughter] , 18 months of experi