My colleagues the status of where we are in regards to the professions in the cares act that relate to Small Businesses. First i want to make it clear that our top priority for americas businesses, whether they be Small Businesses or large businesses, is to get this covid19 behind us, to stop the spread of this deadly disease, to give confidence back to the American People that its safe to pursue their economic desires and, therefore, to have businesses be able to go back to a situation where they have customers and they can be open for business. We have appropriated significant resources in order to make sure we do whats right financially to deal with this deadly disease. And we have provided the tools to to protect our economy. So let me talk a little bit about the attention to Small Business. Im pleased and proud to be the ranking democrat in the Small Business and entrepreneurship committee. I serve with senator rubio, who is the chairman of the committee. And we have worked togeth
With the conducting of normal activities in the midst of this coronavirus pandemic. Here is how you can express your thoughts. For those in the eastern and central time zones, 202 7488000. If you live in the mountain and pacific time zones, 202 7488001. For you medical professionals in the audience, it is 202 7488002. You can text us at 202 7488003 washington journal. You can post on our twitter fee d. It was the Gallup Organization posting a poll yesterday asking people what they would like to see as far as returning to normal before they themselves return to normal activities. 80 said the one thing they would like to see is a mandatory quarantine for anybody testing positive for covid19 followed by improved medical therapies for treatment of covid19. 73 of those participating said they had to see a significant reduction in the number of new followed by 68 saying the availability of a vaccine to prevent covid19 and 61 saying they needed to see widespread testing to identify and monito
That trend remains the empire states trend. Never mind deaths and overall cases are stubbornly high. The trend is the improvement. We were up a lot on major market averages. As you heard from stuart, the nasdaq now in positive territory for the year. Dow jones industrials, s p 500, sprinting ahead, with the dow down 50 on the year. Really recouped losses. Nasdaq over 9,000. That is startling development as technology continues to be own a tear. It got a little bit of extra spring in the test with news out of new york that hospitalizations are continuing a favorable trend. For more on that, David Lee Miller in new york, with the latest what is happening there. David lee . Reporter hi, neil, in the words ever the governor were now on the other side of the mountain but he said it is a slow decline. As you so rightly point out the number of covidrelated hospitalizations are down. The latest daily death toll in new york state, now 231. That is one less than the day before. That includes som
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
Back the curtain on the idea though careful not to damage that so many folks in charge know what theyre doing. Precious works of art, ready to how the administration is open tomorrow after a twomonth closure. We have Team Coverage this morning. Lets get right to abcs trevor ault. Reacting. Good morning to you, trevor. L. A. Explosions. Reporter good morning, eva. The director of the cdc has made fire erupting from multiple a grim prediction the United States is expected to pass blasts, smoke filling the downtown district. Nearly a dozen firefighters injured. 100,000 covid19 deaths by june 1st. While just about every state is this has been upgraded to starting to reopen in some way, what we call a major emergency category. The latest on the investigation into how it started. Deepening mystery. The husband charged with killing his wife. But where is her body . So many businesses wonder if how investigators say he may theyll survive long enough to have used the coronavirus to cover up the