And the hunt for the missing billions in one of germanys biggest foreign scandals. Im joining the with the sports including south a Major League Baseball fan now the Miami Marlins have the Upcoming Games despite as the team battles occurring to find southbank. Countries and cities in asia praise for effectively tackling the pandemic are now raising the alarm over new infections vietnams Prime Minister says every city and province is at risk of an outbreak after being virus free for months hong kongs leaders also warning the city is on the verge of a large scale outbreak and that the Hospital System there is at risk of collapsing. Meanwhile in india a new report says more than half of the people in mumbai slums have had coronavirus about 40 percent of the citys population lives in shanties in the u. K. A report by m. P. s criticizes the government for sending thousands of patients into care homes without testing them britain has imposed a 2 require 900 for people coming from spain as it
Richard whats important to me is the most important thing. Michael youre not making any sense. Youre making stories up lemonis if i cant help this young man mature as a leader. Dont be frustrated. Michael im very frustrated. Lemonis . And get both sides back on the same page. Richard if we bought if we bought michael i got this. Richard you got it . Okay. Lemonis . Mr. Green teas growth could melt away. If michael told you that he was gonna leave, what would you say to him . Richard i guess id ask him when he was leaving. Lemonis my name is marcus lemonis. And i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs, and i do it to make money. Lets go to work. This is the profit. Located in keyport, new jersey, mr. Green tea ice cream is a gourmet icecream manufacturer wit
Consolidation coming uber reportedly talking about buying an industry rival more here on cnbc. Good morning, good afternoon, good evening where wherever in the world you may be watching. Thank you for joining us on this last trading day of the quarter frmt looking at the very early trade. They are down slightly 120 points to the dow. The nasdaq with a higher inflied over weaning we could see a reversal. Blue chips look to erase the selloff surging nearly 600 points that surge to put s p and the dow in a win column for june major averages on track to extend the track for three on the run of the quarter, what a run it has been. On track to performances since the First Quarter since 1998 on track to cap its gain since 1991 dont leave out the small caps the russell 2000 since paula abduls rush rush was on top of the charts. In the quarter, oil is up 21 . This morning, shell saying it will writedown more than 22 billion in assets. Finally, dont forget about gold you love gold. Back at its h
The market did give back gains we had seen earlier in the session. Part of what we had been seeing with wti prices. Oil prices up. Wti potentially having seen the worst. Talking about disney in a minute they are reopening disney shanghai on may 11 wti up 3. 5 . 23. 40 it has been a long time since weve seen these levels, andrew. It is joe, or becky. We may have to get tacos for joe at the end of the month. Dont worry about me, andrew. Thats like 6 for 12 tacos. What we have to worry about is the hypo allergenic malte opinion poo or whatever. I told you id be happier to see stocks higher so i could buy my own dog i thought, wait a second. Doughnuts for andrew taco bell. Then she slips in the hypo aller againic labradoodle. Shes smart. Andrew, where are we at we could be at 3,600 or 1,100 by the end of may who knows the reason i said that. Over time, i would have never bought stocks on may 1, which makes me think i should have well see. By the end of may, well it may be obvious to buy on
What they are seeing this quarter and where demand might go. He said the last part of march and the first part of april were very depressed and then we saw a pickup relative to that period in the second half of april. We are not projecting what we will do this quarter because of the lack of certainty and visibility that weve got. Apple not giving a forecast for the quarter or the year, but cook sounding fairly optimistic there. Amazon earnings also out this hour. Amazon shares down after the bell. I want to bring in taylor riggs who has been following all of this. In that interview with tim cook, he told me he believed this pickup in april was driven by some of the new products they have launched over the past few weeks including the cheaper iphone, a macbook air, and ipad pro. As well as stimulus from the federal government and people getting used to, we are in the middle of a pandemic and this is the way things will be for a little while. What is your take . Taylor great interview be