U. S. Telecom. Our guest reporter is cat zakrzewski of the washington post. Mr. Spalter, if you could begin by reminding us what u. S. Telecom is and who you represent. Guest thank you very much. Its great to be here. I represent the future of connectivity, members of u. S. Telecom other broadband carriers, innovators and Technology Companies that are all about delivering and Building Networks of the future to all americans. We have Large National providers like at t and verizon and centurylink, wonderful regional providers like consolidated frontier and windstream and Alaska Communications but we also represent a number of our smallest providers serving our Rural Communities across the country. We are proud to know that around our table are seven some most innovative Global Technology Enterprises Like cisco and erickson, nec are also part of our effort to really raised the bar when it comes to this Important Technology which is broadband. Host give us a snapshot if you would of the la
Standout. Take a look, the nasdaq closing above 10,000 which is a now record high, the other majors under pressure. Ordering food delivery. Grubhub to be acquired by European Company leaving uber empty handed. Grubhub soaring this morning, almost 50 7 rather on grub hub. Dont miss that. Valuable insight. President trump headed to dallas to talk Police Reform as protestors continue to take to the streets across the country. We have all the latest happenings coming up. The next jobs in america, with more people working from home the cyber threat is growing. The growing demand of cybersecurity. Mornings with maria is live right now. Maria and Global Markets this morning are under pressure, take a look at burpan indices selling off the morning, ftse 100 down 122, cac quarante down 101 and dax index down 244 right now. In asia right now its red across the board, we will bring you all of that coming up. Oil prices are also sliding this morning along with stocks. This, of course, indicater, s
Protests hammer u. S. Cities nationwide for a seventh straight night. President trump threatens to deploy the military to end what he calls the lawlessness in the streets. U. S. Futures slipped as new york goes under curfew for the first time in over 70 years. As we pointing higher said. The u. K. Virus infection rate falling to its lowest since march. And a second wave of stimulus cannot hurt. Angela merkel looks to broker a deal on a stimulus package with 100 billion euros here as the u. K. Chancellor plans to prepares plans to bolster growth after Emergency Support is withdrawn there. We are just under one hour away from the cash equity trade here across europe. Lets take a look at futures, keeping in mind that the german dax was closed yesterday. It is up about. 5 in terms of futures. Euro stoxx 50 futures, the 6 . Chmark up. Ftse futures up. 4 . They have been positive just about one hour ago, at least partially. Now mastec futures are still keeping their heads above water. We are
Recognized the importance of the Airline Business and our retaining Critical Service and keeping our team employed. Its extremely important and great news. Doug, you already said you plan to apply for a loan from the Treasury Department in the over 25 billion bucket thats been set aside for the Airline Industry beyond that, do you expect to have to borrow more in the months ahead from the private market in order to continue to fund the operations the way you want to have them funded thats unclear, phil. It depends so much on how demand recovers, when demand recovers and how quickly. What i know is this, we as an industry asked the federal government for 50 billion of assistance, thats what we got, 50 billion of the assistance. Thats what we believe we need to assure we can ride through this clearly you can go to more dire circumstances than where it stays like this for an extended period of time, but from our own projections it stays like this through the second quarter, a gradual reco
Information. Getting results that are accurate is not easy, but its the kind of thing we need to know and the kind of thing we need to track. We appreciate it very much. Superintendent spearman is here with me today to make an announcement about the public schools, k12. As you know, by executive order, we closed those schools for a , a decision we made after much consultation with a comprehensive group of people including parents, teachers, health experts, and otherwise. We decided not to reopen the schools for the rest of the school year. Schools will remain closed for the rest of the school year. When i issue that order, which will be next week, it will provide a number of things. One of them is flexibility for the districts and the superintendent, and others involved to allow teachers for special needs classes for children to do some teaching of some kind, and other flexibilities that will allow things they need to do. The also dont present threat that opening schools backup would d