Dow futures are down by 40 s p futures down by 5. 5. If you want to take a look at the treasury market, the tenyear right now at this point, of course wti, i should point out, is down by 2 still trading above 24. The tenyear yielding 0. 7 0. 697 andrew well get an update on the pandemic the number of cases worldwide, crossing 4 million with 1. 3 million, thats in the United States the biggest hot spots in america are new york, new jersey, massachusetts and illinois all with more than 75,000 cases. Now, new yorks Governor Cuomo saying yesterday the number of new cases was back to the level from two months ago. Lots of good news there, when he first issued the shutdown order. Overnight, india, reported 4,200 new cases in the last 24 hours the largest single day increase in the country they are entering the final week of a nationwide lockdown a few cluster formed around nightclubs in south korea. They eased restrictions last week but on saturday, shut down all clubs, bars and discos in se
What some of the states are doing, they can open, but its very difficult some of the rules of some of the states are hard core when you look at them, you think ppp versus, geez, those are the rules . Took some ppp before were seeing it . I think its not going to be nearly as easy as people think i do wonder if our show were located in austin if we wouldnt be saying those crazy new yorkers, but we live here. We live in new jersey. I think that its going to be a little bit more difficult for a company to stay in business unless they have great Balance Sheets, and are able to ride the waves. Look at norwegian cruise its a city on a a foreignflagged city on the ocean. I see situations like that, im like be careful. Its not all roses when youre opening. Right additional headlines this morning about pending layoffs, reportedly pending layoffs for the airlines in october. Bankruptcy news, whether its hertz or a few other companies now. The markets looking past a lot of that. I think the marke
Former amazon Vice President tim brady the Washington Post reports that he was giving up his job and forgoing a paycheck that could top 1000000. 00 because he no longer felt comfortable working for a company thats comfortable firing whistleblowers with legitimate concerns and just what were these whistleblower concerns well you know the Little Things like oh workers Safety Climate change issues and the need to unionize in fact the guardian is now reporting that at least 6 amazon workers who have participated in protests or vocally advocated for improvements to worker safety in conditions have been fired during the pandemic in one of these incidents leaked amazon memos revealed that p. R. Executives in a meeting attended by the grand poobah himself the worlds richest man jeff bezos planned to publicly character assassinate fired warehouse employee Christian Smalls for simply organizing a small walkout over employees safety concerns so one former Vice President amazon tim bray writes tha
So i welcome you this morning, thank you all for coming, my name is dane kennedy. Im the director of the National History center. Which is sponsoring this briefing. It is on the geo politics of middle east oil, Historical Perspectives on the current crisis. I want to just briefly explain what we are doing here and why were doing it. This is part of an ongoing series sponsored by the center that brings Historical Perspectives to current issues. The center itself is strictly nonpartisan. The purpose of the program is not to advocate for any particular policies, but in fact to provide sort of Historical Context to help inform policy makers and the public as they deal with difficult issues. I want to thank or acknowledge the Financial Support of the mellon foundation, which makes this briefing series possible. I want to thank rachel wheatly in the back of the room who is our assistant director and has helped to organize this. I want to thank the office of jerry connelly. Which has booked t
A way around the clock. Im phil gal welcome to the program the number of corona virus cases around the world is approaching a 1000000 the United States is worst hit with more than 200000 infections the death toll in the last day alone rose by 884. 00 a new record President Trump is warning america that there will be a horrific few days ahead the epicenter of americas corona Virus Outbreak the streets of new york deserted but ambulances are a constant presence on the streets the states death toll has doubled in just 3 days. A refrigerated truck was brought in to help this Brooklyn Hospital deal with a sharp rise in fatalities. Hospitals are running out of medications some hospitals dont have protective gear for staff or family members or patients that come to the hospital for running out of medications were running out of atlanta and but even running out of oxygen which is something that isnt to have posted until. The white house is projecting that the virus could claim up to 240000. 00