Annual g 7 summit. Chief National Affairs correspondent jeff zeleny is up bright and early traveling with the president in brussels. The white house is laying out expectations for the nato summit. What are you hearing Behind The Scenes . Reporter well, good morning. President biden is going to be arriving here to nato. As you said, its his first time here as Commander In Chief but not to nato overall. Hes carrying the message hes been delivering throughout his European Tour of america is back. Of course, no place like here at nato is that America First agenda from the former trump era still echoing. Of course, it was some three years ago right here where President Trump threatened to withdrawal from the Military Alliance. Thats ancient history, at least for now. There are questions about the commitment of the u. S. But President Biden made a Brief Reference to this yesterday as he traveled here to brussels. We do not view nato as a sort of protection bracket. We believe that nato is vi
Annual g 7 summit. Chief National Affairs correspondent jeff zeleny is up bright and early traveling with the president in brussels. The white house is laying out expectations for the nato summit. What are you hearing Behind The Scenes . Reporter well, good morning. President biden is going to be arriving here to nato. As you said, its his first time here as Commander In Chief but not to nato overall. Hes carrying the message hes been delivering throughout his European Tour of america is back. Of course, no place like here at nato is that America First agenda from the former trump era still echoing. Of course, it was some three years ago right here where President Trump threatened to withdrawal from the Military Alliance. Thats ancient history, at least for now. There are questions about the commitment of the u. S. But President Biden made a Brief Reference to this yesterday as he traveled here to brussels. We do not view nato as a sort of protection bracket. We believe that nato is vi
Apple reports, by the way, apples plan for new faster chips behind that. And you see it there call it snowflake soar since its ceo raking it in every month jim cramer says hes worth every penny, carl. Thats a lot of pennies well talk about that, guys. We mentioned, jim, all the stuff thats coming at us in the coming weeks or the coming days, rather including some investing meetings, crm, adobe, disney and starbucks. A lot of companies that are doing incredibly well and we should also be thinking not just here but worldwide i think its kind of shocking to see that other than the banks in europe, almost everything is doing well all over the place, including these companies which are very international companies. But i think disney has a great story to tell when it comes to plus adobe has a great story to tell when it comes to all the things theyre doing and starbucks it looks like were getting comments saying, look, theyre doing better than we thought and thats also international. All th
Targeted aid maybe, perhaps as much as 25 million for airlines we have details on that. Later, a democraticled house panel calling for a crackdown and breakup of the countrys biggest tech companies. The chair of the antitrust subcommittee will join us later this hour as power lunch starts right now tyler, thanks welcome to power lunch. Im kelly evans. Were digging through the fed minutes just released. In the meantime, take a look at whats leading the rally its consumer and consumer discretionaries. The house panel is going after big tech its a mixed bag but apple and amazon both up more than 2 . With markets rocketing back after the late day drop we saw yesterday, stimulus back on the table. Bob pisani has more on what were seeing here. In fact, were at the highs for the day. Were on light volume again. The volume tends to be lighter on up days than down days recently thats a sign the pain trade is to the downside. Sectors tends to be the cyclical names here banks, industrials, materi
Reporter 3. 5 Million People that live in alameda and sarah clan a counties got the okay to move into the less restricted orange tier of coronavirus protections and we are waiting for more information the second from the state office top health officer. He will be addressing the current rules, mark ghaly. Here are things the way they stand way we know it, according to the state website, you can see from the map your, most of the bay area still in the red. You can see santa clara, alameda joining San Francisco in the orange tier of coronavirus restrictions. San francisco moved into that tear at the start of, and that meant individual counties, even though they get the states okay, it does not mean it will happen immediately. But Indoor Dining may be allowed, that would be up to 25 capacity, churches, cultural gatherings, and movie theaters could resume Indoor Services with no more than 100 people. Health officials in Santa Clara County set to give an update on when they plan to allow bu