Today a lot of clean up in oakland and a warning from the mayor about those trying to distort the protestors message. Christie smith has more. Early today clean up was underway near the Oakland Police department where someone smashed windows. The courthouse was heavily tagged and also boarded up hours after a small fire was set in the doorway. Police said it was the work of agitators determined to leave destruction. People see this around the world. Phillip johnson is a life long oakland resident. Its ugly and disrespectful for the city of oakland. Some calling out the name of george floyd and in solidarity with protestors in portland. Earlier in the evening, people spoke out. Portland, theres been a very ominous and dangerous escalation on the part of the trump regime sending federal forces against the wishes in some cases of the local authorities to intervene and protest and to snatch people off the streets. There were several groups involved with the demonstration including them. So
Faced in over a century. The extent of the crisis cannot be overstated. Six months, over 3m people in the United States have been diagnosed with covid19 and more than 140,000 americans have died. Sadly these numbers will only continue to increase as new covid19 cases are searching all across the nation. I is possible. They also appreciate the chance to bring some ten i ten unseat e Trump Administrations work speed effort. This transparency will be crucial to secure the american Peoples Trust that the vaccine will be made available only once it is proven to be safe and effective. Congress has already taken actions to support these efforts. This spring, congress provided the Vaccine Development and manufacturing of birds and other medical countermeasures. Then two months ago the house passed the heroes act, the comprehensive legislation to strengthen the nations ability to fight the pandemic like altering the Strategic National stockpile and increase funding for Research Development and
Fox Business Team coverage with berm blake burman in washington and Edward Lawrence on the latest visit to north carolina. Reporter he have went to the fuji film biosciences plant in north carolina. The health and Human Services department, 265 million deal, side deal with fuji film for another plant in texas to ramp up production of the vaccine there. Fuji film has done a deal with novavax, specifically for the phase three trial. Theyre going to provide all of the clinical needs for that trial, it is part of the 1. 6 billion that federal government gave novavax for this. The federal government saying, vaccine production are taking place at the same time, and that is saving time. Not only is operation warp speed accelerating the development of a vaccine, were also directing a colossal industrial mobilization to insure its rapid delivery. Nothing has happened like this since the end of world war ii. Reporter novavax never delivered a vaccine to the market but showed enough promise to be
Infection rates low in tokyo but hong kong says the situation is increasingly severe. Jack ma looks to make more headlines. He is aiming for a 200 billion valuation with between listings in hong kong and shanghai. Look at how take a we are setting up when it comes to the asian open. We have a lot of positivity carrying on from that session. Investors are backing that buy the dip trend. The nasdaq hitting the alltime high. The s p hitting positive for the year. S p active futures contracts a little bit lower at the moment but it seems like the positive. Evelopment on vaccines trading sideways if you will. The dollar was broadly weaker in g10 except for the yen. We had Dollar Strength and yen weakness overnight. That is the handle we are looking at ahead of Inflation Numbers out of japan and getting machine tool numbers as well as some Retail Sentiment numbers by way of Department Store sales. Crude and gold were both a little bit lower in the asian start to the session. Some positive de
Row. Weve got fox Business Team coverage. Blake burman at the white house. Hillary vaughn and Edward Lawrence in washington. Well start with blake. The latest on reaching a deal for covid19 relief. Blake. Reporter hi, jackie. Every afternoon around this time we say there is another big meeting up on capitol hill. Let me start by saying there is another big meeting up on capitol hill. Treasury secretary steve mnuchin, white house chief of staff mark meadows are negotiating with the top two democrats Chuck Schumer and nancy pelosi. Walking into the meeting mnuchin and meadows were quote, unquote, hopeful. According to sources im told during yesterdays meeting, those two, mnuchin and meadows impressed upon schumer and pelosi if there is not significant progress in the upcoming days, that could increase the possibility that President Trump would go ahead and use executive action. That is why one source described the meeting that is taking place up on the hill right now as quote, unquote, b