Look at the online scams from overseas that are costing americans billions of dollars. Must be heartbreaking for you to watch that. Absolutely. Its shocking. Norah the Cbs Evening news starts now. Good evening. Im norah odonnell, and thank you for being with us. Tonight, we are tracking tropical Storm Helene as It Churns and strengthens over the warm waters of the caribbean. We are about 48 hours away from landfall, but the Gulf Coast of florida is bracing for a direct hit. Possibly as a major category 3 hurricane, with winds well over 100 miles per hour and a possible 15foot Storm Surge. That would be the strongest Hurricane America has seen this year, which is why Floridas Governor and President Biden have already declared a State Of Emergency and mandatory evacuations are underway in several lowlying counties. And while florida is expected to bear the brunt of the storm, the entire southeast of the u. S. Could feel the impact. Cbss Lonnie Quinn is tracking helene, and he is going to
Will try to use the system to shut you out yeah shut you out is exactly that was what we were seeing happening on thursday as you saw this whole you know monday through wednesday of last week as well like you know that stock just skyrocketing because theyre buying and buying and buying would just call the short sellers to be like oh my gosh i was broken with you know basically what was interesting with that is that thats when you know trading like robin hood t. D. Ameritrade Charles Schwab and others started restricting users from being able to actually buy game stop stock and other stocks that also were being looked at as short sells that the you know other groups driving up the price of what you see and things like that its pretty incredible robin who claim this was due to recent volatility in the market over listen to this submission. Of the week and many posters on wall street pointed out that quote one hedge fund suffering amid the game stop surge was Melvin Capital Management whi
A colleague for and faculty of law d a junior fellow its a great plsure to have you here. [applause] the book is available for purchase at the bookstore pen with thing going in random house books as well and then we would entertain questions here and then to ask a question of the panel on the righthand side and then with law degrees from oxfordnd ran the first per gone corporation the pathologica pursuit and power in 2004 and in 20 languages also made into a movie at the time which one the best for documentary at the sundance festival. So with the sql with this new book with the book he wrote in 1987 and social law and with the tremendous around as the subject. Another book im quite keen on with the business targeting children in 2012 and then we will be joined the race of the millennials and a new generation to the future with the young people here and the junior fellow also at toronto faculty of law and Research Associate collaborating center for governance accountability and transpa
We will hear from the head of west coast listings jeff thompson. Lucids desert oasis just finished a listing in san francisco. We will get a picture of supply and demand with first, u. S. Stocks started the month off by hitting records on stimulus talks and covert progress. Salesforce says it will proceed with plans to buy lack for 7. 7 billion to buy slack for 7. 7 billion. Slack prices up, salesforce had dropped. What do we see after hours . Abigail both shares are down. The idea that salesforce. Com would buy slack, now lo and behold, that is happening. As you mentioned, 27 point 7 billion in cash and stock. Some are wondering about the cash piece. Salesforce. Com does have a lot of cash, so using it here for this deal, and i think the bigger thing to take a look at is the fact that salesforce. Coms Ceo Marc Benioff has made more than 60 acquisitions, as you know, in his 21 years, making salesforce. Com the conglomerate of all these different pieces. Now they have this Communication
Work and no relief in sight. Speaking of relief, the top democrat in the Senate Chuck Schumer has republican Majority Leader Mitch Mcconnell agreed the rekindle talks about a stimulus package the senate is on recess through next week. We will speak with Colorado Governor Jared Polis who just moved 15 counties including denver into level red restrictions he is also part of a group of governors speaking with president elect biden this weekend. Plus we will talk with the ceo of the National Association of manufacturers who is working with bidens team to help fight the pandemic today we have with us mike santoli, steer liesman mike, the broader markets are well off the lows as we speak. They are. Kind of a little bit of an aimless back and forth type day. Absorbed a little bit of a morning selloff. Didnt do any real damage it has been firmly bid, especially with son of the bigger nasdaq stocks coming back. Holding the indexes together relatively well. As we speak, the s p around 3,580. Tha