The only stocks that are doing well right now, some of the reopening trades and some of the big laggers for the year like cruises and airlines and some retailers still in the Green Energy Stocks also outperforming. Is this the start of a serious correction or a buy the dip opportunity were diving into that debate. 59 minutes left of trade 59 minutes of of this roller coaster session. Lots of guests as well the market pulls back. Well speak with three ceos that got insight into the state of the consumer, their spending and recovery in america. The ceo of campbells soup will join us on the back of had his companys Earnings Results that stock down 7 right now plus, well get two reeds on the beaten down travel sector with glenn fogel and mark hopelinger. Well speak with nick clegg about the new policies surrounding the election looking forward to that one. Lets get straight to our top story of the day the market selloff Mike Santelli has more on the major market pull back. A big pluflush o
Here on cspan3, well take you live now to a hearing on amtraks response to the coronavirus pandemic. This hearing is already in process. While possibly only saving amtrak 213 million. Overall, the damage could top 3 billion if amtraks planned nine months of Degraded Service stretches another quarter to a full year. Ill finish. Thank you. The amtrak community was hit especially hard because several airlines say theyll drop service when the c. A. R. E. S. Act expires. Thats 67 cities facing air cutbacks. Nearly half, 31 of them, would all flew the same, sacramento, tampa, these routes touch nearly every corner of our country. On the empire builder on eight states from illinois to washington, those towns face a nearly 400 million blow. The north south city of new orleans between louisiana now produce nearly 134 million in economic benefits. It could wipe out as much as 88 million of that. Simply put, this drastically reduced utility of a nationwide Network Operating three days a week, mak
Dead flat to start the morning but you never know, of course, where it is going to end up and thats why you have to watch every minute. I promise. Take a look at this. The nasdaq in record territory, fueled of course by big tech and for those of you who wonder why we talk about these stocks so much, here is why. They are all going to open at record highs, starting with amazon. Today will make six days in a row that it has hit an alltime high. Apple at 384 bucks, that stock up 40 in a month. Microsoft, 215. That stock is up 25 in a month. Facebook also continues to surge, despite an ad boycott and negative pushback from civil rights groups. Netflix, clear lockdown winner and its been said on this program that we are indeed entering the golden age of streaming. We will talk about all of these stocks and more, tech winners throughout the program. They are remarkable. Its going to be a big day at the Supreme Court. It is the last day of the term and a decision on whether to release the pre
Leaders in the tv and Film Industry met with california leaders today Capitol Bureau reporter Ashley Zavala explains how the industry is trying to navigate the pandemic and what they are asking of the governor. Yeah that it may jog wednesdays Business Roundtable was not Lights Camera Action but more so zoom a new and discussed the Current Conditions of the tv and Film Industry governor Gavin Newsome virtually met with film and tv leaders like hollywood director ava duvernay and netflix executive ted sarandos sewer says netflix has productions underway in places like south korea and iceland. Leaders say these are paving the way for the future of production protocols like swing a theyre not he would not to be testing, but theyre going gone, terry in the weeks leading up to endure throughout the production of in anyone with the symptoms immediately suspending production is shut down until you get results actor john what does noting this is a frustrating time for american middle class acto
District wonders how effectively schools can practice safety. While coping with a million cut from Public Schools because of the pandemic. We have just cant fall extra cleaning disinfecting during the course of any school day. So you know we really want to know what thats going to look like some that the state erspective. The federal government needs to step up that they want this economy to return to normal in any way shape or form they need our schools to do the same and the arts do that we need a lot more money. Members from the School Reopening task force are expected to share their early findings today during a Virtual Meeting with state education officials and leaders from californians a california, its 1000 school districts. Developing news, this morning, the university of california says that campuses will be opening in the fall despite the covid19 pandemic that currently is shut down most campus activities across the state. Joining us live now from ucsf with more on how this m