Committee on Small Business member states, hearing on response, we had a hard stop, we could move as quickly as we can and could not accommodate every member in person today and we are accepting statements until thursday april 30th. Today is a chance for the committee to hear directly from members of congress about thoughts on the covid19 response for the next package to Small Business issues for the committee of jurisdiction. I would like to remind everyone we are practicing social distancing and taking other precautions for all in attendance. I appreciate your cooperation so that we can protect ourselves and our hardworking staff. Three weeks ago when congress created the Paycheck Protection Program we did so with the goal of providing a lifeline, the program experienced Unprecedented Demand and proven successful, helping more than 1. 6 million entities to support employees. As a result we will be replenishing the Program Later today. While we are moving quickly to provide an additio
Joe, the big story is oil prices once again im ready to move out past june move out where . June is too close if we are not going to open anything up, no reason to think it will be anything different than minus 38 a barrel it is related to the price of gold and the price of a suit, so i should have been buying andrew, you are spending 10 times what you are on a suit with those hugo boss things. Which none of them have belt loops for 4,000, you could get a couple of belt loops no hugo boss. It is ralph. Ralph who oil prices, it is not funny. This is out of the realm of anything weve ever seen brent crude only a 20year low you look at wti or what may was before the contract rolls. It is incredible supply shortage spiked overseas. The u. S. Movement, wtis june contract the price giving up earlier gains. Up 11 see, im ready to move to september. August at some point what does this mean for the saudis youve had your picture taken there on a sand dune youve got a feel. They should have done
Should we wait a while or do a partial reopening . Time tohink it is reopen your state economy and youre ready to go back out in public, we want to hear from you at 202 7488000. Toyou think it is too soon reopen your state economies, we want to hear from you as well. Your number is going to be 202 7488001. Keep in mind, you can always text us your opinion at 202 7488003, and we are always reading on social media, on twitter at cspanwj and facebook at facebook. Com cspan. Again, all eyes are on georgia right now as georgia has reopened from its coronavirus restrictions. At what the atlanta constitution journal is talking about after that first reopening. Climbsstates death toll to almost 900 on friday, georgians lined up for haircuts, manicures, at tattoos, and other services deemed nonessential. It was day one of georges attempt to restore economic normalcy in the wake of the coronavirus pandemic. But governor brian kemps ision to use restrictions in ease restrictions on many businesse
Lauren hey, guys a twoday sell i dont have was reversed. Major averages closing near the highs of the session. Nasdaq leading the major averages gaining almost 3 today. The nasdaq was led by big cap tech which was down for this week. Three reasons for rally. First more rescue funding from the government is likely on the way after the Senate Approved yet another relief package. Second oil prices recovering. Take a look where crude closed the session today, above 13 a barrel. That is much better than it had been. A gain of almost 18 . With that reis big gains for halliburton, chevron, exxon and the Energy Sector in general leading the overall market higher today. And third, investors look to Earnings Report that continue to pour in from guidance on the coronavirus effects on the economy. Here is the trends were seeing and were seeing it for chipotle after Earnings Report showed 81 increase of people ordering online getting food delivered. That is with were doing. That stock is up 14 . Sn
Amgen, genentech, gilead, regeneron, four of the greatest in the world for doing exactly what theyre doing. And currently 10 different therapeutic agents are in active trials an some are looking incredibly successful we have to go through a process. It will be a fairly quick process, i tell you based on what the fda told me. 15 are in plans for clinical trials. Theyre advancing rapidly. A Second Company announced that the fda authorized it is vaccine candidate to begin clinical trials. Johnson johnson is already there. I believe theyre the one thats first and now we have a Second Company that Just Announced and we were just, was just approved. So we have two companies at that level, for the vaccine itself. We have you no performed 100, well, if you think of this, 1. 79 million tests. That is one million, 790,000 tests nationwide. I think were going to put up a screen here someplace that theyre on cue, just on cue. And here it is. This is the process starting on 5 march and ending right