Equipment from the chinese tech giant waves. Washington rejects beijings claims in the South China Sea china in turn accuses the u. S. Of undermining Regional Peace and stability. 14 dead an ongoing cross border fighting between us about john and armenia. Im joining with the sports including. The decision is that his grace since strong words from English Premier League manager. European ban is lifted. Now we begin with breaking news from the International Court of justice at the hague its ruled in favor of qatar in a dispute with 4 out of countries that have imposed a blockade on the gulf states and have prevented qatar the aircraft from flying over their air space the court said the u. N. Civil Aviation Agency has jurisdiction in this case because of one. You know. For all. Of. Us too. By 15 both you. Told me that the council of the International Civil levy here organization has duties you can do that they. Need to eat by the government of the day of. The 27 p. And the seat of the occ
Allow his Opposition Leader pledges to fight for. Sworn in as president after an historic election victory. And president microns party faces a drubbing but its a good night for the greens after local elections in france. I only went into the sports news is Manchester City remain on track to defend the f. A. Cup after a comfortable when i was a new console into the semifinals where theyll play and itll be mine just you know its a bit chancy and the other day. It began as an unknown virus among a few dozen patients in china at the end of last year now 6 months later the coronavirus pandemic is fast approaching another tragic milestone almost half a 1000000 people are known to have died and the virus is still spreading across the planet more than 10000000. 00 people are now confirmed to have been infected thats a 900 percent increase in less than 3 months a quarter of all those infections and. And deaths are in the United States by far the worst hit country with a birth 2 and a half 1000
Youre watching kron 4 morning news at 5. Morning and thanks for joining us on this monday to early there was 05 00am im darya folsom and im James Fletcher yeah, it is june 15th daryn already halfway through the month of june. Summers, almost over and now its you know, its been warm a couple times a lot hasnt felt like super hot summer when it was not super high is it that i was held last night you are now just me the warm evening and we are approaching some are now so temperatures are gonna start climbing especially into your final days of spring. And the first day of summer which is on saturday. So we are inching closer to it at this point you can see outside from berkeley skies are nice and clear definitely no cloud cover nor fog really across the bay area at the moment that does change later today, though cloud cover is going to descend into the bay area come the afternoon and winds are eventually going to be picking up so this common clear start to the morning that we have right no
The dow is looking for about a 300 point gain right there at the opening bell. S p up about 34. Look at that nasdaq go. Technology is doing well, up 104 points. Thats premarket for the nasdaq. Now, lockdown winners. Clearly emerging. Lowes, the Home Improvement people, headquartered in North Carolina. Profit up 28 . We stocked up for the lockdown. Target, they really organized their online delivery and store pickup operation, lumped together under digital sales, up a whopping 141 . Walmart, same story. Stockpiling helped them, too. Amazon, kings of the online selling business. Boy, did they clean up. The stock is near a record high. And the netflix, well, they are the kings of the streaming business. What else are we supposed to do when we are ordered to stay home for weeks on end . There are a lot more virus winners and we will go through them throughout the show. Meanwhile, the revolt continues all across the country. Businesses are defying the authorities and opening up despite the
Time now for our top market moving news from our new york team. Joining me Bloomberg Opinion columnist brooke sutherland. What were some of your Key Takeaways . Brooke i think what is interesting is target talks about First Quarter comparable sales being up, but nearly all of that was from digital. Digital comparable sales were 141 in the quarter. Those sales come at a cost. They are more expensive. The natural supply chain dynamics of delivering products to homes rather than having them purchased instore is more expensive for target, so you are seeing that market squeeze. Clothes,rent buying where target gets more of a higher profit margin. They were buying food any essentials. Is this a structural shift . Are people getting so used to ordering online that they will continue to order these items . They did also callout market share gains, which is key. Given Amazon Logistics troubles, are you going to be seeing customers rediscovering target and walmart, some of these longerlasting st