Ready to trade today still feeling the burn from the pandemic, disney announcing a huge new round of layoffs hitting some 30,000 employees. And the path forward for new york city as Indoor Dining begins today september 30, 2020 you are watching Worldwide Exchange on cnbc. Good morning, im dominic chu kicking off the Third Quarter of trading take a look at whats happened over the last 12 hours the dow indicating 150 points to the down side. The key to watch here down 83 implied at the opening bell. Take a look at whats happening here with the overall futures picture. As weve seen, we are just off the lows here. We did get the green a little overnight. Hit the lows here about 2 00 a. M. Eastern time. That was coming off another downed day for stocks. Major averages snapping threeday win streaks. They are set to close down for the First Time Since march the one stand out is the transportation industry. Dow transports, some look at that as a possible leading indicator for the overall econo
Cause infections to rise. We start in india which has become the worlds 2nd worst affected country by the corona virus pandemic in the past 24 hours Indias Health ministry has reported more the 90000 new cases and over a 1000 deaths the countrys been reporting the Worlds Largest daily number of infections for almost a month now but the government continues plans to reopen including resuming Metro Rail Services in the capital new delhi where elizabeth branom is live from one of those stations elizabeth so how does the government justify the reopening the numbers rising as much as they are. Good morning down by one would it is the economy despite india recoding more cases than any other country and yet it is easing up that it isnt our stretch and some are set to continue and thats also despite the fact that you will see a lot to consider that switch to span t. Bodies and independent politics but it will say that the real number of cases are actually many times the confirmed number where
I. Mean right now today on capitol hill 4 of the most powerful men in the u. S. Tech industry are being questioned on whether their platforms have violated antitrust laws in recent years as theyve risen to dominate the industry and the marketplace arties Rachel Blevins is monitoring this hearing she is joining us in studio to discuss it so rachel who is testifying today and what has led us up to this point well this hearing comes after a year of research that was conducted by the house judiciary is antitrust subcommittee and which they are looking at these 4 Major Tech Companies and trying to decide whether the major monopolies that they already have are being used to stifle their smaller competitors now of course we are still dealing with the coronavirus pandemics is a very unique situation in which these tests. The monies are being carried out virtually but they are being held from a lineup that includes alphabet c. E. O. Sundar Pichai Facebook c. E. O. Mark zuckerberg apple c. E. O.
Favorite courthouse or church after kidnapping your blonde blue eyed children and forcing them to read howard zinn while listening to k. R. S. One and watching old fidel castro speeches at any moment thats going to happen we saw this last tuesday during u. S. Attorney general william bars testimony to the u. S. House Judiciary Committee when u. S. Representative matt gates worriedly asked the bar about the possible spread of and if these protests in portland were not contained. Is it your view then that and chief and other violent people engaged in these acts would simply stop would simply accept that as their sole victory or is it your Expert Opinion having dealt with a number of Law Enforcement in criminal cases and your legal career that that they wouldnt stop that they would go to the next town to the next community and potentially inspire more violence if theres no doubt in my mind that it would spread. It would spread to one town up to another and. Other community oh my goodness
Restarting production at his fremont plant. It comes days after he filed a lawsuit against the county and threatened to move his factory and headquarters out of california entirely. Abc7 News Reporter Laura Anthony is outside the plant. Laura . Reporter a lot has happened in the last few days. All surrounding plant here behind me. The reopening comes after a war 06 words on twitter. And despite talks between the company and county, reassuring words from the governor, elon musk decided to defy local orders. But the proof was in the parking lot before he confirmed it. The parking lot at teslas manufacturing plant was teeming with cars, a sign that a good number of employees were back at work. The ceo confirmed it. Tesla is restarting production today against Alameda County rules. I will be on the line with everyone else. If anyone is arrested, i ask that it only be me. Its a bit disappointing that it appears that theyre going forward. I can tell you that the communication between the Hea