Pound hole in its bottom line. Auto aid renault struggles to restart production amid faultering demand mixes messages from the hill was fed chair and secretary mnuchin give different assessments of the speed of the recovery they also seek to defend their stimulus measures from accusations they are propping up wall street at the expense of main street. Main street is in a class by it self really. Diverse small, medium and Large Companies different credit needs, some credit based, some asset based. It is a really complex undertaking. A warm welcome to the program. Lets kick off with the top corporate story. Marks and spencer has reported more than 20 decline. The company added that it with also accelerate a restructuring effort aimed at trimming costs during the pandemic. Lets get to steve who joins us outside an m and s store in london theyve been struggling to restructure for years now. Is it going to be different this time around . I hope so a lot of us have an historical knowledge of
Patients. The university of oxford saying they might have a vaccine as early as september. More than half of states have begun or will soon begin allowing more businesses to operate again according to strict safety guidelines that. s vital to get the economy moving. The initial reading of Gross Domestic Product in the first three months of this year showed that the economy sank at an annual rate of 4. 8 , the biggest quarterly decline since the big recession, and economists believe the numbers are going to get worse. Federal reserve chairman jay powell believes the unemployment will soar, saying that we cant worry about the massive amount of debt piling up on the federal ledger right now. This is not the time the act on those concerns. This is the time to use the great fiscal power of the university to do what we can to support the economy and try to get through this with as little damage to longer run productive capacity of the economy as possible. Gerry even the most fiscally conserv
The university of oxford saying they might have a vaccine as early as september. More than half of states have begun or will soon begin allowing more businesses to operate again according to strict safety guidelines that. s vital to get the economy moving. The initial reading of Gross Domestic Product in the first three months of this year showed that the economy sank at an annual rate of 4. 8 , the biggest quarterly decline since the big recession, and economists believe the numbers are going to get worse. Federal reserve chairman jay powell believes the unemployment will soar, saying that we cant worry about the massive amount of debt piling up on the federal ledger right now. This is not the time the act on those concerns. This is the time to use the great fiscal power of the university to do what we can to support the economy and try to get through this with as little damage to longer run productive capacity of the economy as possible. Gerry even the most fiscally conservative econ
Patients. The university of oxford saying they might have a vaccine as early as september. More than half of states have begun or will soon begin allowing more businesses to operate again according to strict safety guidelines that. s vital to get the economy moving. The initial reading of Gross Domestic Product in the first three months of this year showed that the economy sank at an annual rate of 4. 8 , the biggest quarterly decline since the big recession, and economists believe the numbers are going to get worse. Federal reserve chairman jay powell believes the unemployment will soar, saying that we cant worry about the massive amount of debt piling up on the federal ledger right now. This is not the time the act on those concerns. This is the time to use the great fiscal power of the university to do what we can to support the economy and try to get through this with as little damage to longer run productive capacity of the economy as possible. Gerry even the most fiscally conserv
The university of oxford saying they might have a vaccine as early as september. More than half of states have begun or will soon begin allowing more businesses to operate again according to strict safety guidelines that. s vital to get the economy moving. The initial reading of Gross Domestic Product in the first three months of this year showed that the economy sank at an annual rate of 4. 8 , the biggest quarterly decline since the big recession, and economists believe the numbers are going to get worse. Federal reserve chairman jay powell believes the unemployment will soar, saying that we cant worry about the massive amount of debt piling up on the federal ledger right now. This is not the time the act on those concerns. This is the time to use the great fiscal power of the university to do what we can to support the economy and try to get through this with as little damage to longer run productive capacity of the economy as possible. Gerry even the most fiscally conservative econ