On a virus has infected more than 2400000 people globally its taken more than 160000 lives while some countries are seeing a flattening curve others are still seeing a surge in new cases coppa 19 has infected more than 766000 americans while thats in the u. S. Have topped 40000 new york state which is finally seeing a drop in new cases announced that its going to begin aggressive statewide Antibody Testing this week protests continue across the u. S. Over shelter in place orders amid pressure on governors to reopen local economies at sundays briefing president hell use the defense production act to increase manufacturing of testing swabs while working with governors to reopen their economies are with the governors doing a better job than others. Capacity that weve brought online will empower governors to deploy sophisticated strategies so they can safely reopen their states. Some people believe in. And other people believe it less strongly but still its a very good thing to have the us
Netflix up and gains by apple and facebook getting help this morning from what we see in oil prices. Youll see wti is up almost 10 . Up about 9. 5 to 23. 34. That is a big come back for wti. Thank you, becky. Oil market market oil thats been a lot of the story want to bring you other headlines. United airlines as mentioned, planning to cut about 30 of management jobs in october according to a company memo that works out to 2,400 white collar jobs and has also warn the pilots to prepare for displacement that it will let go about 30 of its pilots. The airline has accepted aid and if they cant may pay by the end of september 30. This was always the issue, if you are going to give government money and taxpayer money to the airlines, you are going to force them to keep people on the payroll, you are eventually planning to let go of them anyway, there is something off about how this program was structured we want people to stay employed but either restructure to a bridge where they can run t
The crown a virus has infected more than 2400000 people globally its taken more than 160000 lives while some countries are seeing a flattening curve others are still seeing a surge in new cases coppa 19 has infected more than 766000 americans while thats in the u. S. Have top 40000 new york state which is finally seeing a drop in new cases announced that its going to begin aggressive statewide Antibody Testing this week protests continue across the u. S. Over shelter in place orders amid pressure on governors to reopen local economies at sundays briefing president said that hell use the defense production act to increase manufacturing of testing swabs while working with governors to reopen their economies. Some of the governors doing a better job than others the robust capacity that weve brought online will empower governors to deploy sophisticated strategies so they can safely reopen their states. Some people believe in test play and other people believe in it less strongly but still
A state of emergency for tokyo and 6 other prefectures as early as tuesday. We have from experts that the government should prepare for a state of Emergency Declaration i want to huge scale never before seen night we have decided to give them internet konami measures one of 108 trillion yen one trillion us dollars which is equivalent to 20 percent of japans g. D. P. When japans Health Ministry house confirmed more than 3600. 00 cases including 84. 00 deaths china cautiously opening back up as a large crowds began to fill popular tourist sites in major Cities Health authorities are warning the risk remains on monday the National Health commission reported 78 new asymptomatic cases confirmed on sunday thats almost double compared to saturdays 47 infections the surge poses a threat to hunt china the epicenter of the virus. That is supposed to allow people to freely leave their homes on april 8th the 1st time in nearly 2 months now over to australia where police have launched a criminal in
Good evening, everyone. This is bloomberg surveillance, im Francine Lacqua. The news flow is pretty terrific today. The coronavirus, the lockdown, the impact of our economy, and our hearts are always with the families that are rather losing loved ones are actually fighting for their life. This is what im looking at the markets. The next couple of weeks may will be rocky because a lot of the focus will be on earnings. So if im looking at stocks, they are up today. Up. Indices, futures also we really dont know what we get from this earnings season after the pandemic upended the global economy. The other story is oil edging up gold, slipping from a sevenyear high. We will get to more Market Analysis shortly. Lets get straight to the bloomberg first word news. In new york city is viviana hurtado. Viviana an extension to the bekdown, it is expected to announced later this week. The pm was discharged from the hospital. The uks chief advisor once the daily rate of deaths will continue to rise