Solution the new season of sounders eventually. This week called double good. People hold on for g. W. On facebook and twitter to date and in touch follow us. Bedouins have permanently closed microsoft says it stores around the world will not reopen after the Coronavirus Crisis. With 3 german majors making global headlines around our 4 randolph whats been a wild week in frankfurt. And with many gigs around the world can sort of look at an invention that aims to help you feel the music at home. This is do we have business on robots in berlin welcome along microsoft says its stores around the world closed because of coronavirus will never reopen the u. S. Companies permanently shutting 4 of its stores thats around 100 outlets microsoft says its taking a new approach to return invest in its online shops the 4 stores that wont be firmly closed will instead be turned into what the Company Called experience centers. Along this lets speak to our financial corresponds on wall street quarter we
An uptick in covid cases this comes at the end of the week when analysts were becoming increasingly bullish on the stock. Rbc upped the price target to 390, saying the company is in a league of its own. Citigroup came out with a price target of 400 on potential of the 5g iphone, and today, a new street high from jeffries who thinks the stock can go another 15 higher from here so what do we make of this bullishness, especially as there are still uncertainties about this u. S. Economy . Pete, what do you say . Well, i can understand the bullishness just because of the fact there are so many different verticals that apple actually can tap into were talking about services, wearables all the time, even the mac, which is almost a forgotten continues to be something thats very strong. So theres so many different verticals they have, but when you start closing down stores, obviously, theres going to be effects, and people are going to react like they did today. I think in the longer term, were
Waters the committee will come to order. Without objection, the chairs authorized to declare a recess of the committee at any time. This hearing is entitled promoting stability, reviewing the administrations deregulatory approach to Financial Stability. I want to inform all concerned that this meeting will end at 1 00 per the request of the p. M. Secretary. I now recognize myself for four minutes to give an Opening Statement. So let me welcome back secretary mnuchin. Today, we are here to discuss the Trump Administrations actions that have undermined and not promoted our nations Financial Stability. As i have said many times before, i am very concerned about this administrations actions to eliminate important protections for consumers, investors and our economy. It appears that our banking regulators are following the deregulatory blueprint that the Treasury Department, under secretary mnuchins leadership, has mapped out point by point and rolling back many of the Critical Reforms demo
Stability. I want to inform all concerned that this meeting will end at 1 00 per the request of the p. M. Secretary. I now recognize myself for four minutes to give an Opening Statement. So let me welcome back secretary mnuchen. Today, we are here to discuss the Trump Administrations actions that have undermined and not promoted our nations Financial Stability. As i have said many times before, i am very concerned about this administrations actions to eliminate important protections for consumers, investors and our economy. It appears that our banking regulators are following the deregulatory blueprint that the Treasury Department, under secretary mnuchens leadership, has mapped out point by point and rolling back many of the Critical Reforms democrats made to prevent another financial crisis. If these rollbacks continue, there will be grave consequences for Financial Stability in our economy. The 2008 financial crisis was devastating for our nation. 11 million americans lost their hom
Mnuchin testifies about the u. S. Economy. He also talks about Digital Currency and the potential impact of Climate Change. Waters the committee will come to order. Without objection, the chairs authorized to declare a recess of the committee at any time. This hearing is entitled promoting stability, reviewing the administrations deregulatory approach to Financial Stability. I want to inform all concerned that this meeting will end at 1 00 per the request of the p. M. Secretary. I now recognize myself for four minutes to give an Opening Statement. So let me welcome back secretary mnuchin. Today, we are here to discuss the Trump Administrations actions that have undermined and not promoted our nations Financial Stability. As i have said many times before, i am very concerned about this administrations actions to eliminate important protections for consumers, investors and our economy. It appears that our banking regulators are following the deregulatory blueprint that the Treasury Depar