Good afternoon. Welcome once again to power lunch. Im john for tte, energy up 13 this week and financials also down about 2 . Its the regional banks seeing the most pain, first republic, pnc, truest financial leading that sector lower. And Airline Stocks all lower as we get a clearer picture of what Holiday Travel will look like in this persistent pandemic first, lets get to bob pisani for more on the Market Action today. Bob. Hello, john what happened to our value rally . Banks and things like that moving to the up side, Energy Stocks it got smacked by Covid Concerns and by the lack of stimulus. Thats a problem what do we do . Hey, lets go back and buy workfromhome stocks again. The docusigns, zoom videos, activision, some of the other tech names are barely clinging on to gains. Service, which is a big what we call a high beta mover on the day is on the up side. So are some of the Semiconductor Stocks but the rest of the Technical Area is pretty much split to the down side. Another gr
Calm. You know hell do it calm, the polls have biden ahead. Dont tell me about polls. The polls had hillary ahead. How did that go . Calm, calm buzzer couple calm calm calm screw calm vote vote votes announcer its a late show with Stephen Colbert. Tonight, should we joe . Plus stephen welcomes john oliver, cher and musical guest jojo, featuring jon batiste and stay homin. And now live on tape from the ed sullivan Theater Office building in new york city, its Stephen Colbert stephen welcome to a late show. Im Stephen Colbert. I stake exception to the way we announce cher tonight. John oliver, cher. No, its john oliver, cher did cher do something to our announcer . Cher cher im so excited about cher. John olivers price nys. John olivers nice. We are only 23 minutes away from november 3, the day weve all been hopedreading while laughscreaming at our doomscrolling. Tomorrow night we will be live on showtime at 11 00 p. M. For our Election Night special. If you dont have showtime, just sign
A brief intellectual history of the trump era interviewed by New York Times book review editor, paul. Watch book tv this weekend on cspan2. It is great to be back as we kick off our fall season and our inaugural speaker as you mentioned is ted freeman, professor of Business Administration atthe Darden School at uva. His latest book which is still relevant youre in the current discourse that is going on in our nation is called the word and. The most powerful word in our language. So lets find out why the power of and is responsible for this without tradeoffs. Thank you very much for having me. Its a real treat to be back even if only virtually. At fordham. Many years ago in a fit of youthful idealism, as dave had mentioned, i got a phd in philosophy. And that was great. My father was always terrific and he said well, youll never have to worry about a job because just opened a bunch ofphilosophy factories outside the interstate. Youll be fine. I got very lucky with sort of a postdoc war.
The because the word and, simply and the most powerful word in our language. Lets find out why in the power of and, responsible witness without tradeoff. Inc. Is to much for having m me. It is a real treat to be back, even if only virtually. Many years ago in a fit of youthful idealism, as david mentioned, i got a phd in philosophy. That was great. My father was always terrific pretty said well you will never have to worry about a job because i just open a bunch of philosophy factories. You will be fine. I got very lucky for the postdoc at wharton and ive always tied to business goals. I want to recapture today if i can on the sense of optimism and idealism in the shadows of awful pandemic and there really devastation that has occurred in the world. In many communities. I still remain incredibly optimistic that we are going to find our way out of it. That we are going to find our way to racial justice. And we are going to build a better world. Which is what all of us i think would like
Milestone, u. S. Deaths topped a new milestone as new york city closes schools again. Germanys finance minister tells bloomberg taming the virus is critical. E. U. Leaders will attend make a veto that threatens from hungary and poland. France says nations could be cut out of the rescue plan all together. Chinasy pledge, president xi jinping says the nation wont engage in decoupling, saying its policy of opening up wont waver. It comes after the u. S. And the u. K. Called for beijing to honor its commitments on hong kong, citing serious concern. Its just gone 6 00 a. M. In london, 7 00 a. M. In germany. Bad news coming, 11,000 jobs to be cut from the business. Of justlow the estimate over 30 billion. No room for a dividend this year. The banks dividend has been restrained. You think about it, this is a disastrous year for steel. The future is unclear. We are grappling with rolling lockdowns and interruptions around the world. Recovering, but the reality of europe and the United States i