Home people in low Income Countries can benefit. Astrazeneca, now the third vaccine proving highly effective. Tonight, how this ones different. The challenges, the time line and when americans can expect a shot in the arm. Large crowds, and gatherings of people is just not something we can do this year. Plus, the macys thanksgiving day parade, covid style. A sneak peek at what it takes to keep the holiday tradition alive. Live, from cnbc global headquarters, the facts, the truth, the news with shepard smith. And good evening, after weeks of blocking the biden transition, the Trump Administration backed down late this afternoon and is now allowing it to begin emily murphy, the administrator of the General Services administration signed off on releasing federal funds and other federal resources to the now president elect bidens transition team. Murphy says she strongly believes that the law requires her to do so, and she says her decision is not based on fear or favoritism as for the tim
Under siege. But front line er doctors still manage to send a message of hope plus, weve got a live one shark tanks mr. Wonderful kevin oleary in the news tank, talking Small Business survival. Live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening. The United States just topped more than 13 million covid cases, according to johns hopkins. Los angeles has just issued a new stayathome order it starts on monday. A full report coming and all of this as the virus has disrupted another american tradition. Black friday, normally one of the busiest shopping days of the year not in covids 2020 in many parts of our nation, thinner lines at stores. Smaller crowds at malls. Many people opting to shop from home instead its a trend accelerated by covid. Shoppers projected to spend as much as 10. 6 billion today. Thats according to the data firm Adobe Analytics and thanksgiving day spending rose by more than 21 compared to the same day last year. Total sp
How to get through this. Its been an extraordinary outcome. One i could have never perceived could happen in march when we were scrambling for ppp loans, the majority of my companies were cash flow negative we shut down retail, until we went through this extraordinary transformation we would have never shut down our headquarters we would have never assumed that we could make a pivot and start selling direct to our customers instead of through retail. Thats exactly what happened and when you sell something direct to a customer, you make almost 100 cents on the dollar versus 0. 50 when you sell through retail thats the reason that theres a massive digital pivot going on, and theres major cost savings also occurring i could have never foreseen this, 15 of my staff including the areas of accounting, logistics and compliance never want to come back to the office. Wow. Theyre raising kids at home in the suburbs, taking care of elderly parents. Another major savings. This is happening to ever
Comes to the coronavirus adding more than 150,000 new cases on thursday alone President Trump is expected to give an update on operation warp speed in just about an hour. We will take it for you live 59 minutes left to go in what has been wilfred a wild week of trading of one that is higher. Higher for the week higher today as well up 1. 3 on the dow coming up on todays show we will speak with chicago mayor lorie light about her lockdown advisory and the potential economic fallout as cases surge in the state of illinois plus it has been a big welcome back for the bank stocks with the kbw bank stocks up 10 the ceo of kbw will join us to discuss whether there is more upside ahead for the sector. First the big stories. Mike santoli is tracking the market meg tirrells that latest on treelts and vaccines as we await an update from the president and Steve Liesman is looking at the impact of the coronavirus surgeon the economy. Mike, the market up 388, and the dow having been up 400. You lock
Morning. Biden leading the vote talley in both pennsylvania and georgia. And as carl mention ad new arizona count will be coming out of Maricopa County shortly heres where things stand in pennsylvania biden now with nearly 7,000 vote edge a winning for biden in pennsylvania which carries 20 Electoral College votes along with arizona should he hold that would secure him the election. In georgia, biden now holds a more than 1500 vote edge Georgia Election officials announcing in the last half hour that there will be a runoff in senate election. Well see about a recount. Well see where the vote talley ends as we await the latest the from arizona, its worth noting that President Trump has been closing the gap with each round of new vote counts. The question is by what proportion is it enough to catch up to biden. In terms of the Electoral College the race stands at 753 sorry, 253 for biden and 214 for President Trump. That according to nbc. Frank holland is in philadelphia with the latest