Laws for hong kong describes the death knell for the territories autonomy. Businesses in kenya suffer as coronavirus lockdowns hit the normally busy either alpharetta holiday trade. We begin with serious accusations against brazils president jaya balls an audio tape released by the Supreme Court appears to show him threatening to fire Senior Police officers the video was released amid claims that also another was meddling in a criminal investigation into his son a lesson america at a loose in human reports. This videotape is with those accusing president jade balsa not all of interference in brazils Justice System considered this smoking gun and Cabinet Meeting in which the president explains his motives for wanting to see. Narrows Police Commissioner and the federal police chief. I tried to change the security official in rio and i couldnt thats that im not going to stand by let them my family or my friends because i cant change someone in charge of security who was part of the struct
A total of five train cars derailed off the tracks before 2 00. The train is blocking real crossings at 65th, 66, 67th. Police are advising drivers to avoid the area and use alternate routes. The tanker cars are empty and no one was hurt. Union pacific and Alameda County fire are on the scene. No word when the street will reopen. Tomorrow is for 20. The unofficial marijuana holiday. Typically thousands of people flock to hippie hill in San Francisco. Tonight people were telling everybody to stay home. Jackie ward live to tell us how they plan to stop the annual celebration. Reporter ahead of the weekend the mayor did warn her city this years for 20 looks different than in years past. Right now this tent is to during 420 we are going to be at Golden Gate Park and fence it up. We will have Police Officers enforce. This will not be the scene at hippie hill on 420. The San Francisco Police Department says they have the discretion to site and or arrest people for violating the shelter in pl
January of 18 of 140 and surged to 327 before collapsing with the market. Didnt offer any defense, went down just as much as the market. Hit a 212 low and closed this week at 283. If you look at the next chart, this is important. If you are defensive or considered defensive, more defensive than proctor, apple sells off 35 . Offering no defensive qualities. And now having rebounded 35 , but youre not back to the high of course. Thats the nature of percentage draw down and ricochets. Final chart, this is a twopanel chart, and this really tells the tale what we see is apple on top, but its relative performance to the nasdaq 100 continues to stall. And by my work, that is its problem, and i think one is right to be skeptical going into the earnings print this coming week all right, carter, so we go to mike. Whats your trade out of this . Yeah, so its interesting as far as im concerned apple, this obviously is a company with a fortress balance sheet, and a lot of Technology Companies some w
Vornado, Regency Centers and kimco down 40 this year on growing concerns about their tenants ability to pay rent as most nonessential retail remains shuttered across the United States back to carl eric, thank you very much good morning welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan and jon fortt is back after a week off coming to you live from separate location. Major averages off of the morning lows dow was down 500, now down half of that. A big week of earnings, ibm tonight, netflix and others in the days to come and then, jon, oil is a major story as the front month contract does expire tomorrow. It is thats had a big impact on the markets overall. Im looking at all kinds of retail and ecommerce as well, making some strong moves in the past when i was off and over the past month as well, guys that is where well start this morning. Lets bring in heath terry, Goldman Sachs internet analyst good to see you. Yeah, good to see you too, thanks, jon. So as i was just sayi
January of 18 of 140 and surged to 327 before collapsing with the market. Didnt offer any defense, went down just as much as the market. Hit a212 low and closed this week at 283. If you look at the next chart, this is important. If you are defensive or considered defensive, more defensive than proctor, apple sells off 30 . And now having rebounded 35 , but youre not back to the high of course. Thats the nature of percentage draw down and ricochets. Final chart, this is a twopanel chart, and this reallies to tell the tale what we see is apple on top, but its relative performance to the nasdaq 100 continues to stall. And by my work, that is its problem, and i think one is right to be skeptical going into the earnings print this coming week all right, carter, so we go to mike. Whats your trade out of this . Yeah, so its interesting as far as im concerned apple, this obviously is a company with a fortress balance sheet, and a lot of Technology Companies s companies some would say are wellp