Storage is limited amid the coronavirus prices. Oil closing, folks, at the lowest point ever seen since the original Oil Futures Contract began trading back in 1983. The drop is choking the stock market. We are very close to session lows at the moment, with the Dow Jones Industrials down as far as the biggest percentage loss here, 2. 25 or 534 points to the downside. The market action, believe it or not, would actually have been worse if it werent for the fact that we could be just about 72 hours away from another half a trillion dollar infusion from the federal governments financial fire hose, as congress inches closer to a deal to replenish the Small Business loan program. Congressman kevin brady, republican of texas, is the Ranking Member of the house ways and means committee. He is here live and we are going to ask whats going on behind closed doors as best he knows, and whats the plan eventually to pay for all of this spending. We are learning that some of the rescue money went wh
[inaudible conversations] good afternoon everyone and welcome. E. This is a joint hearing of two subcommittees a committee on oversight and accountability. The subcommittee i chair the subcommittee on Cybersecurity Information Technology and government innovation at the others a subcommittee on Economic Growth and Energy Policy and regulatoryh, affairs. Its chaired by my esteemed colleague from texas. We will have Opening Statements from the chairng and Ranking Member of both subcommittees. Thats a total of four Opening Statements so ill keep mine brief. Cybersecurity has beenor a major focus of power since i became the subcommittee chair and im concerned that we are not prepared for the increased sophisticated cyberattacks that will be fueled by ai. Businesses and Government Entities in my district and across the country cafe cyberattacks and were forced to pay a huge sum of money and ransom for the federal government itself sets of data tens of millions of dollars its decades older t
But first tonight, philadelphia becomes the first major city in the United States to pass attacks on sugary drin drinks. Tonight how opponents are vowing to fight it. Good evening, im jessica dean. Ukee washington has the night off. After months of debate the Philadelphia City Council Passed the tax by a vote of 13four. Eyewitness News Reporter joe hold depth is live outside city hall with more on the beverages that be taxed and also reaction from both sides. Joe . Reporter jessica, good evening. There were considerable hurdles reaching this point. Now the average Business Owner tells us tonight that for 20ounce bottle of soda, generally averaging about 1. 69 to 1. 89 youll see 30cent inn eye crease on that and he tells me tonight this one store owner in particular says that price, that hike, will be passed along to the consumer. A sweet reception for some. This is just the beginning. Reporter sour out come for others. Do you really believe this was all about the kids . No the move on
Orlando nightclub shows people hiding in the bathroom as the gunman goes on killing spree. Tonight we hear from the man who recorded that video. What he remembers from those three hours of terror. And bucks county homeowner takes matters into his own hands chases down a would be thief and shoots him. Why that homeowner could also be in trouble with the law. But first tonight, philadelphia becomes the first major city in the United States to pass attacks on sugary drin drinks. Tonight how opponents are vowing to fight it. Good evening, im jessica dean. Ukee washington has the night off. After months of debate the Philadelphia City Council Passed the tax by a vote of 13four. Eyewitness News Reporter joe hold depth is live outside city hall with more on the beverages that be taxed and also reaction from both sides. Joe . Reporter jessica, good evening. There were considerable hurdles reaching this point. Now the average Business Owner tells us tonight that for 20ounce bottle of soda, gene
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