National Defense Authorization act, and a measure ealing with the boeing max 737 crashes. Requested votes will take place after 6 00 p. M. Eastern. Live coverage of the house here on cspan. The speaker pro tempore the house will be in order. The prayer will be offered by chaplain father conroy. Chaplain conroy let us pray. Loving and gracious lord of mercy, we give you thanks for giving us another day. In this single week, after a Long Campaign season and before breaking once again for thanksgiving, bless the members of the peoples house with focus and purpose on the issues facing them. We ask your blessing as well on those newly elected who will be joining this assembly for the 117th congress. May their transition into office be smooth and marked by the civility of Democratic Change of government which is the rightful pride of the United States of america. Lord, our nation continues to be besieged by the plague of the coronavirus. Send your spirit of peace that our people might be bro
Now because you are only the second wealthiest man in the world, right . Many companies are racing for a vaccine. This ceo is emma wants me. Has a vaccine that will help cure covid 19. How me times a day to people ask you when youre vaccine will be available . Regularis a very question. Have alluently, we been delighted to see the very recent years that some of the first results coming through on vaccines. Yesterday, i was on a call last globalith 10 of the pharmacy ceos that are heavily involved in bringing solutions to covid. We are excited and optimistic to see the first data come through and looking forward to seeing more come through in the next six months or so. We have three vaccines and the clinic and to therapeutic treatments. Everyone is understandably inpatient. We wipe off with the pandemic 500 billion of value with the world. I think that we can be increasingly optimistic that the science will win. Mobilizedry that has so fast it will start to bring Scale Solutions and we
Priority. Pandemic under control is his top priority. Good morning, everyone. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. A lot of the focus is on the number of infected with covid19. At bond growth, a lot going on, treasuries, for example, rising. Overheated equity markets, the deteriorating coronavirus situation in many countries. Oil demandtting its outlook, saying they will not rescue the market, and then i got a look, not very often, but coming out with figures that were not great but were better than expected, leading to burberry gaining one point half percent. 1. 5 . Now lets get to the bloomberg first word news in london with laura wright. Hey, laura. Laura good morning, francine. The recovery is being derailed by a rise in virus cases and a. Ew lockdown president elect joe biden is naming longtime aide dr. Vinjamuri ron claim as his chief of staff. His leading role during the Health Crisis of the Obama Administration leaving the white house in the 2
Drivers. The company is seeing a 60 drop in parks and Consumer Products revenue. A 62 dip in studio revenue. The numbers are backward looking. Challenges remain in the here and now. You have surging covid cases. Today, we saw the chicago shut down. Cruise returning early. Joe the scene that is a lot of things going on. Lots of good term lots of things going on. The shortterm, losing money on lots of struggling aspects. You see some of the details. Media networks gaining 11 . Studio entertainment plunging. No one is making or going out to the movies. Parks experiences only down 61 should the director of consumer and International Gaming romaine absolutely a microcosm of the economy. Will be interesting to see as they pushed deeper into the streaming space, how they leverage that to go back to the toys, the parts and those things they used to use. Joe joining us with more insight is a Bloomberg Intelligence media analyst. How disneyking about is the microcosm for the whole economy. All o
Data from the late stage kile of its Covid Vaccine and could reveal that data on how things work very soon were keeping our eyes on shares of southwest the airline saying it sees a deceleration in revenue improvements for the rest of the year, carl jim, well start with the balance between these covid numbers and the expectation that winter is going to be tough. But got to say some of the encouraging headlines out of curavac today saying that this might not be something we need every season because the mutation peers less frequent and more stable at basically refrigerator type temperatures. Look, im convinced that the people evolinvolved in this, i n well get good news from all these companies. Havent stopped the times. I expect good news from moderna. I expect good news from j j. I speexpect good news from glaxs behind, but astrazeneca. Here is the problem, carl, i keep thinking what happens, when do we get it when do we go to walgreens and just get it . And will everybody get it . I j