Tiktok positive covid19 treatment news eli lilly starting phase three of an antibody drug. Well get into that and we have better than expected manufacturing data which along with better than feared earnings is helping lift sentiment. Were on record close watch for the nasdaq 59 minutes left trade. We certainly are. Its up 1. 6 lots to come on todays show well discuss the fast moving developments in the talk between microsoft and tiktok and what a mean would mean for other social media stocks with chris kelly. The plus, big Testing Companies like quest and lab corps warn of back logs and delays, well talk to Gravity Diagnostics ceo we have big Earnings Reports coming your way. Virgin galactic, taketwo and chegg and more well bring you the numbers as they cross and analysis as well. Lets focus in on the big stories. Mike santoli tracking todays market action. Mike, lets start with you. Not far off session highs really not that far all time highs. About 3 below that right now. And weve ki
Lord, inspire our senators to know that you are still on your throne working for the good of those who love you. Listen to our prayers and give us wisdom, courage, and integrity that will enable us to glorify you. We pray in your wonderful name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to our flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley madam president. The presiding officer the senator from iowa. Mr. Grassley i ask permission, one minute in morning business. The presiding officer without objection. Mr. Grassley too often americans are cynical about our political system when all they see legislative gridlock. Yet, iowans were able to set themselves apart working together on Law Enforcement reforms in the wake of George Floyds murder. Every step of the way the iowa process was fueled with input fro
Reopening. We will speak with a Lieutenant Governor. She will be joining us. Partner chairman per perspective on the company front. We are getting some data right now. Existing home sales, monthtomonth on month, 9. 7 , that is significantly worse than the market was anticipating. This is the month on month number. The Economist Survey suggested the number could be 5. 6 . Set ofgnificantly worse data coming out of the u. S. Housing market. U. S. Sales coming through at 3. 91 in totality. So, the u. S. Housing market is in a word place. In some ways because of government assistance. We have not seen a collapse in prices. This is transaction. Prices are fairly buoyant. Later on this year, things could get trickier. At the moment, looking at the monthtomonth, that number worse than anticipated. Alix it raises the question, where do people want to live as areas reopen. New york, as we mentioned, and during the second phase. 300,000 more people returning to work today. Outdoor dining, and pe
Just eight or nine pennys away from 40 a barrel. Markets hit session highs as President Trump this morning championed the jobs numbers while standing in the rose garden. He is now in maine meeting with commercial fishermen who were hit hard by the covid lockdowns he will during this hour visit a factory that makes swabs for covid19 tests. He compared the coronavirus lockdowns to a hurricane and he calls for the reopening of the economy and he shared his desire for additional stimulus including a payroll tax cut. Were following all of his moves in maine ahead of his remarks at the top of the next hour, meanwhile the protests over the death of george floyd in minnesota continue at this hour, you are looking at live pictures of demonstrate or s at the National Cathedral in washington d. C. , and more marchers in brooklyn, new york who just began their march minutes ago in prospect park. One ceo, is using his power and influence to make the workplace more kind. Bar founder and executive ch
Host this week on the communicators we want to introduce you to luther lowe who was Senior Vice President for Public Policy for for a site cd yelp. What exactly is yelp and what do you do it . Guest thank you so much for having me on today, peter. Its a pleasure. Yelp is a website and piping the consumer application that allows people to connect with great local businesses. It is a service that empowers and protects consumers, allows people to discover great local gyms, and a way for consumers to warn fellow consumers its not such a great business. Host how many visitors a month do you have . Guest to be not how you want to break it out, theres folks that access it via mobile web, via the website, via the app. Its north of 100 Million People and then we have over 200 million reviews that have been submitted over the course of our life. Host how do you make money . Guest not unlike service like google, it is a vertical Search Engine. Basically if i just search for for a dentist in san d