555 dow points. Ahead on todays show, were going to dive into this plunge in oil prices, what it means for the u. S. Economy and jobs to the financial losses reverberating through the market right now plus we will speak with illinois governor j. B. Pritzker and former commerce secretary Penny Pritzker, his sister, about illinoiss battle against the coronavirus and the race for more protective gear and testing. Lets focus in on the big stories were watching with 58 minutes left of trading. Brian sul vab focusing on crude oil collapse, mike santoli will tie that in with broad movements were seeing today latest on the snag on government funding. Brian, first to you on this unprecedented move in oil. A day for the history books. It is a day for the history books. Ending a futures contract in negative 30 or what it was. Sara and wolf, it doesnt make sense as i talked about in power lunch as well. We started the day around 10. We continued to fall now negative 30 these are contracts. Negativ
Overnight, though they lost some ground this morning. A lot to watch, china pmi backing expansion, the fed launches a new dollar repo operation. Jim, sounds like youre focused on testing, having talked to abbott last night. Right i think that myles white and now the new ceo recognize this, as they did during the aids epidemic, when you find out who has it, everything changes in this country, we can find out who has it, and doing a serilogical test, finding out from blood of people who have had it maybe a lot more people have had it than we knew. Maybe we can find who has got it, they can be quarantined. Already the carpers people are saying its only going to be med techs and hospitals. Myles and robert told me absolutely, this will devolve into a pregnancy test at home. How quickly, i dont know. Abbott labs is one of them dr. Gottlieb is going you know what ive seen science this is working in forgave earl avor ofd guys megs work with alex gorsky made me feel maybe next year we can go t
Impeachment trial and quoted the 1950s tv show dragnet to explain one of his points. Dragnet . [ light laughter ] oh my god, dude, are you afraid the glasses werent making you look old enough . [ laughter ] why dont you just put a bandaid on your face and be done with it [ laughter ] President Trump performed the coin flip before this weekends Army Navy Football game. Its the first recorded instance of trump intentionally letting go of money. [ laughter ] im going to need that back. [ laughter ] the House Judiciary Committee this morning published its full report on the impeachment inquiry, which describes President Trump as the Founding Fathers Worst Nightmare though, from what i know about the Founding Fathers, they wouldnt have been too crazy about the last guy either. [ laughter and applause [ audience ohs ] just sayying things were different at the founding. [ laughter ] senator Elizabeth Warren is reportedly trying to boost her poll numbers by shortening her stump speech to 10 mi
I want to thank the panelists for your patience. Thank you for being here and being with us and were looking forward to your testimony. Rather than go through the record well start. Thank you. So first of all, id like to thank the committee for the extraordinary work that you did with all of the stakeholders to get a longterm faa reauthorization bill passed. It had been a long time since that had happened and everyone came together, and the votes that you received, we are 393 in the house and 93 in the senate. This is a clear mandate to move forward with very important safety provisions for our Aviation System. Among those was our issue of ten hours rest for Flight Attendants. Now, this is an issue of safety, health and equality. Safety, we had been raising the flag on this issue for more than 30 years, identifying Flight Attendant fatigue, getting through other faa reauthorization bills the commission of fatigue studies, seven in fact that determined that Flight Attendant fatigue does
They expect and deserve. That helps them live their lives and run their businesses. And this weighs heavily on everyone, including us at pg e. This is not how we want to serve you. And this is not how we want to run our business. Were actually in the business of providing power, not taking power away. So we feel the impact of the decision, and i understand how it alters, how it disrupts the normal flow of life and the normal flow of community. But theres another part of the reality that were in. With winds like we saw over the last 24 hours or so and the condition of the vegetation, we simply could not continue to run parts of this system given the risk to Public Safety. We struggle with this decision, as we do with any decision to turn off power. We weigh the level of acceptable risk given the circumstances, the wind, and the vegetation, and we determine that we must have zero risk of a spark. So what exactly was the risk . Well, we know from history that wind speeds, the wind speeds