Offers a fiery review of his predecessor. Air b b filing the paperwork following a rough year for that industry intel announcing a 5 billion buy back as tech faces slumping shares it is thursday, august 20, here on cnbc. Good morning. Im dominic chu in for Brian Sullivan stock futures indicating some modest losses. The dow lower by 100 points. Thats an improvement over the last hour. S p off, the nasdaq off by about 20 points. These are losses now after chinas comments saying the country and the United States will hold trade talks in coming days after the talks fizzled. The Central Banks comments knocking the s p 500 from a new intraday high we hit the stock of the morning so far is apple, becoming the first u. S. Listed company to get a market cap of 2 trillion. Doubling valuation in just over two years. For those wondering, a 3 trillion value for apple would be at 761 per share that will happen right before the stock split. We have Geoff Cutmore in the london news room the color of t
We ta retail sales were lower than expected autos adding to the pain with biggest names if the group or deck for earnings next week, well tell you which stocks could be set to take off later, it is apples epic battle both apple now and google kicking out fortnite out of their app stores well explain why they are doing it the fight it could spark and the crackdown on big tech that could be in the cards. Power lunch starts right now happy friday to you. Check out the transports out performing this week up 4 those moves are thanks to fedex and avis budget up double digits for the week with all the major averages up more than 50 from the march lows, its the question being heard around wall street is the market rebound getting too far ahead of the economic rebound. Were digging into the data. The stock market could recover its all time highs we went back to 1973 and looked at how stocks behaved. It takes 2. 7 years to get even this recovery probably will be measured in months the fed and co
Vaccine. And we speak to one of the Worlds Biggest Oil Storage Companies about what is going on with crude it is july 29. This is Worldwide Exchange here on cnbc good morning, good afternoon, good evening wherever in the world you may be watching. Here is how your money are setting up their trade futures well call them mildly higher right now. With so much going on today, it is no surprise if wall street and traders are in a wait and see mode at least what weve seen over the last couple of months of 100 to 150 you may have guessed, today, it is all about washington, d. C. And a jam packed schedule. Youve got the Federal Reserve and no clues completing the triple play, Congress Still in intense talks and debate about the trillion dollar plus relief bill as the clock ticks and expanded Unemployment Benefits expire this friday, well get more on that going around the world in a developing story in hong kong, a jump of new cases overnight and new fears of community spread. Well go to Julian
The National Guard activated after that eruption of violence in her city. Mayor Keisha Lance Bottoms joins us live only on gma this morning. Severe storm alert. Flash flooding and hail slamming the northeast. Now the new storms moving in. Under pressure. As Jeffrey Epsteins longtime confidante, ghislaine maxwell, wakes up behind bars in new york this morning, her friend, Prince Andrew, faces new fallout as the world waits to see what she may reveal. Tiktok ban. Overnight secretary of state mike pompeo saying the Trump Administration may consider banning the hugely popular app hundreds of millions of teens use over privacy concerns. The nbas top teams and biggest stars now on their way to restart the season at disney world. Lebron james masked and ready to go. Cases explode in florida and concerns with other major sports leagues. This morning an inside look at life in the bubble. And we do say good and we do say good morning, america. And a very, very busy tuesday morning, especially fo
Out a clarion call to any and all in the community. Im here today to let folks know that we are building 1000 person workforce to conduct Case Investigation and Contact Tracing for covid infections here in the county. Reporter Public Health officials are actively seeking volunteers to bolster the countys small team of contact tracers. The job, tracking down the of anyone infected with covidts1ac9. Ucsf coepidemiologists doctor George Rutherford says once Children Place is lifted, more infections will occur out in the community. Contact tracing is an essential tool to keeping the virus at bay. Once we have the contacts names we have to get them tested to understand if they are in fact did and that means i have to go into isolation or quarantine. Reporter qualifications for the voluntary job if you have skills like an ability to have sensitive conversations, provide basic Health Information and good customer service, we would love to have your support especially if you have those Languag