Italy is seeing its worst coronavirus numbers yet. The Company Country reported 8800 new cases today, up from 7300 the day before. The number of patients in intensive care also rose. Imposed aime minister series of new curbs on nightlife, social events, and amateur sports as the pandemic intensifies throughout the country. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. London and paris among cities ordered to clamp down and curb an increased spread of coronavirus. Countries looking to avoid reinstituting lockdowns. Lena komileva joins us to talk about the virus and the passing of the october 15 deadline for a u. K. Eu trade deal. Coronavirus
This as cia head gina haspel tries to stop for document declassification as part of the origins of the russia probe. Ohio congressman jim jordan joins me live next hour to discuss. Markets this morning slightly in the red, take a look at this, despite President Trumps recovery and growing talks on stimulus, weve got a market that is fractionally moving but in the red, dow industrials right now down 31 points of, nasdaq lower by 56 and the s p 500 right now down 9 andahalf. This after big rally yesterday finishing near session highs, markets at the close yesterday up 465 points on the dow industrials. The nasdaq up 257 and the s p 500 higher by 60 points at 4 00 on wall street. Worker information compromised, a popular fashion brand is fined for allegedly keeping track of hundreds of employees personal lives on the companys database. Airlines meanwhile looking for a rescue, one carrier hoping workers will take pay cuts in order to avoid furloughs. Plus, plant based fashion, the new team
Additional resources, and Additional Information to supplement what is in the learning continuity plan. The next slide is one other point that i wanted to make sure to address. There was a question about this at the public hearing and in the and in the previous draft of the learning continuity plan and we had highlighted that we were pending clarification from the c. D. E. About the actions and expenditures. So i just wanted to take a moment to clarify, to explain that clarification, and the response that we have received. So we wanted to confirm that the actions and the expenditures that are at the bottom of each major section of the plan, we wanted to make sure that we were approaching that process correctly. And so the clarification that we received is that we should be considering both learning loss mitigation funds and lcff funds in our plan. But we do not need to include all of both of those sources. It is up to our discretion, the extent to which we include those funds. But thos
Hillary vaughn on site at Salt Lake City for tomorrows debate. Edward well start with you. President trump shocked the market, democrats, and told his representatives to stop negotiating because the democrats are negotiating in bad faith. He started out his tweet saying that House Speaker nancy pelosi wants 2. 4 trillion package to help poorlyrun, in his words, poorlyrun high crime democratic states. Money no way intended for covid19. Adding she is not negotiating in good faith. The president is saying he is rejecting their request, instructing his representatives to stop negotiating until after the election. He urged Senate Majority leader Mitch Mcconnell to nominate and approve his Supreme Court nominee. This comes on a day that the Federal Reserve chairman jay powell also stressing that stimulus, more stimulus for the economy is something that is needed. He laid out how in the first cares act the federal government, help from the federal government and the Federal Reserve helped ste
The next slide is one other point that i wanted to make sure to address. There was a question about this at the public hearing and in the and in the previous draft of the learning continuity plan and we had highlighted that we were pending clarification from the c. D. E. About the actions and expenditures. So i just wanted to take a moment to clarify, to explain that clarification, and the response that we have received. So we wanted to confirm that the actions and the expenditures that are at the bottom of each major section of the plan, we wanted to make sure that we were approaching that process correctly. And so the clarification that we received is that we should be considering both learning loss mitigation funds and lcff funds in our plan. But we do not need to include all of both of those sources. It is up to our discretion, the extent to which we include those funds. But those are the eligible Funding Sources and the activities that we are undertaking with those funds are what