Years ago it became the first city to pass a soda tax, so now, it is targeting the grocery checkout aisle. Good evening, i am ken bastida. I was with cook. The city of berkeley again trying to change diet habits. Don ford says that means changes in the checkout line. Reporter they will put a stop to that. It is a temptation to start to control, they say, something had to be done. Last night the Berkeley City Council universally past the healthy checkout ordinance, the first in the world, to require that food right of the Cash Register be healthy choices. Reporter Stores Larger than 2500 ft. B2 must have only wholesome food for you to look at while waiting to check out. One of those stores is. They say the last minute shopping impulse is real. We know as people tend to purchase that which is accessible to them at the last minute before they are about to pay. Adam bowles, or just out of visually come you know, visually being attracted to the product or being hungry order the situation ma
Valuation and you get news crossing the wire that people dont know what to make of. Financials did hold up on the day. That appears to be a yield play. Our to extrapolate too much longterm. Taylor i would agree, particularly when you get financials and industrials. You are still seeing some more strength in dollareuro. Start to see some of those classic safe havens moves. I am curious, we will post this adam, next guest, larry if this feels like a shakeout day. Overbought. Eems so see where nextn opportunities present themselves in the coming days. Larry i agree completely and i think that is why it is so important for investors not to overreact for the one day. Levelx was at the lowest since the pandemic. Relative strength was above 70. In many ways, there was a lot of complacency settling into this market. I do think this will be a healthy shakeout so people can determine where there really is some good opportunities in the market. The winnerst is in that have been the winners. Carol
74 basis points. Everything is down. I would imagine 90 of stocks are down. All 11 major indices are down in the region today in very high volumes. At this point, there is nowhere to hide, at least in the equity markets. Yvonne President Donald Trump announcing a suspension of all travel from europe to the u. S. For the next 30 days. The most farreaching measure yet in the administrations effort to combat the spread of the coronavirus. To keep new cases from entering our shores, we will be suspending all travel from europe to the u. S. For the next 30 days. The new rules will go into effect friday at midnight. David our Senior International editor, jodi schneider, is here with us. Thats a big deal. It is. There was a little bit of talk about it before hand, but not necessarily expected to stop all of the european travel for 30 days starting friday. It is something he can do without congressional approval. It is a major move. Also the way the president cast it. Clearly by having the spe
In this portion a group of Business Leaders discuss the future innovation and competitiveness environment in the u. S. Good morning. Since the councils beginning in 1986, weve seen over and over and time and again how technology has transformed our lives, and unleashed new challenges and opportunities as we think about a new future for the United States. 2003 was such a period of change. 17 years after our founding, our Council Members recognized that the nation stood at a florida infliction point. We needed significant chance to enhance our innovation capacity which lead to the pioneering work of our National Innovation initiative it, and now another 17 years later here we are again, once again finding ourselves at the precipice of transformational change. Throughout the day as debra mentioned in her opening remarks well hear stories about the changes as they are foundational to our Flagship National commission on innovation and competitiveness frontiers. The commission cochaired by t
Weve ever been. We are doing great other countries have not our consumer is very, very strong very powerful economically hope comes in many forms. This morning, shares of one biotech are surging as treatment for the outbreak continuing. Stocks are set to continue their wild ride this morning as dow futures indicate an open that could be about 150 points to the down side you can see 150 points is where we would open. S p down by about 21 and nasdaq down by about 67 it may seem bad but it is earlier than it was. We were down significantly more so far this session. Since the selling zban, the dow has been down for five sessions in a row checking now the bond market as the 10year trades at its lowest level weve dropped 1. 3 twoyear note yields 1. 1. Record lows this week. Selling continues overnight with asian markets. Early trading in europe as well. We have Team Coverage this morning. Matt taylor in singapore Julianna Tatelbaum in london matt, well go to you first. Asian markets in the r