Plus the billionaire tilman closing more than 70 restaurants that had just reopened because of the unrest in various urban areas. He will join us later and well tau talk to a ceo who just pulled the plug on a big money deal with facebook. This has Mark Zuckerberg starts an all hands meeting with his employees. Power lunch begins right now thanks. The s p 500 is on track for its third day in a row of gains despite everything going on in the country and the nasdaq is sitting 3 from record highs lets get to bob for more on those markets. Bob. For once, nasdaq is not necessarily the market leader. What were seeing today is energy, industrial stocks leading. Bank stocks leading. Its the reopening story and broadening story this is remarkable its been going on for three weeks. S p keeps going up but the leadership has been altered in the last few weeks in favor of those reopening names. I want to show you the megacaps because we start with them they have fwn driver of much of the rally in ab
Right there is billion. Going to workers and they all higher millions of employees in this country. So yes, we probably need to do something so they are invested 50 million in profits during the good times and buying their own stock. And giving huge bonuses to to their their management. A bad time they want to see what the public bail us out. Well the latest version of the bill does include direct checks for americans as well which is something a sorely needed it would also increase Unemployment Insurance and would have money for Small Businesses to to help pay their employees while were dealing with this pandemic. What about here in the bay area on the south bay, several Silicon Valley companies are opening their wallets to help low income families that are suffering yet kron fours rob fladeboe tells us about a new Assistance Program designed to help people make ends meet. Well the covid 19 crisis is affecting the entire community low income an hourly wage residents who live paycheck
Lets go make some money. [ horn honking ] ive traveled the country trying to fix the people. And you do 1 million a year. You should be proud of it. Man 2 but we dont know how to keep any of it. Lemonis fix the process. See . It is flimsy. Dont ever make these again. You dont sell them. And create a few products. Woman it reduces anxiety and depression. Lemonis i kinda like it. I spend countless days working on these companies. Man 3 [laughs] how much money did you burn through . Man 4 650,000. Lemonis but we cant always fit everything im thinking into the show. [ musical powerdown ] so tonight, were gonna take an inside look at an episode from season 4, flex watches, a business with purpose. Travis each color represented a different charity that we partnered with to give back 10 . Lemonis it was essentially a social mission and it used a rubber watch as the vehicle. Over the next hour, im gonna take you behind the scenes to share with you what i was actually thinking during filming. W
Lets go make some money. [ horn honking ] ive traveled the country trying to fix the people. And you do 1 million a year. You should be proud of it. Man 2 but we dont know how to keep any of it. Lemonis fix the process. See . It is flimsy. Dont ever make these again. You dont sell them. And create a few products. Woman it reduces anxiety and depression. Lemonis i kinda like it. I spend countless days working on these companies. Man 3 [laughs] how much money did you burn through . Man 4 650,000. Lemonis but we cant always fit everything im thinking into the show. [ musical powerdown ] so tonight, were gonna take an inside look at an episode from season 4, flex watches, a business with purpose. Travis each color represented a different charity that we partnered with to give back 10 . Lemonis it was essentially a social mission and it used a rubber watch as the vehicle. Over the next hour, im gonna take you behind the scenes to share with you what i was actually thinking during filming. W
Lets go make some money. [ horn honking ] ive traveled the country trying to fix the people. And you do 1 million a year. You should be proud of it. Man 2 but we dont know how to keep any of it. Lemonis fix the process. See . It is flimsy. Dont ever make these again. You dont sell them. And create a few products. Woman it reduces anxiety and depression. Lemonis i kinda like it. I spend countless days working on these companies. Man 3 [laughs] how much money did you burn through . Man 4 650,000. Lemonis but we cant always fit everything im thinking into the show. [ musical powerdown ] so tonight, were gonna take an inside look at an episode from season 4, flex watches, a business with purpose. Travis each color represented a different charity that we partnered with to give back 10 . Lemonis it was essentially a social mission and it used a rubber watch as the vehicle. Over the next hour, im gonna take you behind the scenes to share with you what i was actually thinking during filming. W