Tyson foods j. B. S. Foods and smithfield actually encouraged workers even if youre sick you still have to come in were a vital part of the economy a vital part of the food chain they said so even if youre sick if youre showing symptoms we still want you to come in one employee described it as unless you were in a casket they expected you to show up to work the next yeah it was their call of their work their their work while sick policy they actually had a policy that work while sick policy you know i cant i cant avoid the irony here this is crazy smithfield as you know the biggest meat packer in the maybe in the world is owned by the chinese doing business right here in the United States so smithfield probably had some of the worst policies across the board and smithfield of all of them had every reason to know very early some was getting a hat good red happen but they provided no masks they provided no gloves. They have no separation because they just i guess they look at these peopl
All the major f. A. N. G. Companies. They are set to release their numbers and guidance. Thank you for joining us im Brian Sullivan lets talk more about your market setup you have dow futures indicating a gain of about 100 plus points at the upside. 200, as a matter of fact, stock futures are well in the green despite the fact that oil has come down significantly. The price of oil down again right now. Remember, we are in that june contract it is off about 13 this morning, down to under 15 and change so, watch oil. There is a story in the oil patch to Pay Attention to as well that is Diamond Offshore Diamond Offshore, a major oildrilling contractor, obviously like the name immris, off the coast. An offshore company has, indeed, filed for chapter 11 bankruptcy protection the Company Simply not able to meet its obligations so Diamond Offshore has filed for bankruptcy protection. Keep an eye there on that story as well. Also you want to watch the stock of loews, ticker l, not the Home Imp
Additional federal assistance. Later, pbs frontline correspondent talks about pbs frontlines latest documentary host good morning, everyone. Confirmed cases of the 780 7000,s stands out 960. Conversation our with hazard pay for frontline workers. You think they should get paid more than their hourly wages or their salaries as it stands right now . We want to know your opinion. Other essential workers, 202 7488001. Business owners, is this feasible . 202 7488002 al , first also text us name, city and state. We will post your comments on twitter. We will get to what you have to in just ahazard pay minute. Some front page headlines we want to share with you this morning. Oil street journal, u. S. Costs less than zero after a sharp monday selloff. There is nowhere to store the oil that is being pumped. The president tweeting out late last night in light of the attacks from the invisible enemy , i will be signing an executive order to temporarily suspend emigration into the United States. N
Order is crumbling under corona shock can you explain. Yes you know i mean its 2 Different Things on the one side i think people the general public have come to understand that this austerity model has left populations otherly unprepared to deal with. Endemic and there will be more up and its a little bit more inward in the cities and if theyre not prepared for this one its certainly not going to be for the next one unless you change things whether that link to this is you know the language of essential workers and the idea that medical workers nurses doctors or janet do ambulance drivers accept a censure is actually news to this sector because theres been at least 2 decades of the Union Busting against nurses against ambulance drivers and so on so i think theres a general understanding in the lack of resources lack of respect basic respect of these workers and when things are no longer an emergency will be remembered that i think thats a very important i believe that the memory of bei
Road, maybe that is actually not the case. Rolling overs as well. Maybe that is oil. It could just be a sentiment feeling, as well as any sort of Political Risk because of kim jonguns health uncertainty. Lets get to todays market moving news from our team in new york, as well as washington. We want to begin with this meltdown in the oil market. Wti futures plunging below zero for the first time in history yesterday as many storage tanks reached capacity. Brent for delivery in june pushing to the lowest levels since 2002. Annmarie hordern has more. Annmarie what we are really watching today is the number of contracts for wti and brent. Yesterday, the big question was is this just a big technical anomaly. I think what you are seeing today is that this is more widespread. What is showing is what traders have been saying for quite some time. Thething i want to bring up point is the june contract, trading at 16. 69. That is a contract that is not expiring. In 18dropping the most years. You