Us in and want you to know that we appreciate the leadership of you and your team in putting together this dynamic reserve for the ventilators. You already heard there is a little bit of an uneven impact in terms of the disease and battle were fighting this will allow us to provide an opportunity to flex, so that we can get the equipment to the right places at the right time for those that are really struggling. And this is an innovative approach that were committed to. The Hospital Systems around this table have stepped up to the plate to make commitments and you have our commitment at the American Hospital association that we will work with the rest of our field to make additional commitments and make this a success. So were also building a very high quality ventilator because you have to make a decision and i was told it makes a big difference. The level of quality of a ventilator what is it, what is the difference . Do you find it makes a big difference . Theyre obviously more expe
If the temporary Recovery Authority would. Would have the authority to wind of rules that would require allow require and allow states to for example create one stop shop for new businesses it would streamline if you thought through permits so we could get infrastructure jobs going it would waive the thousands of rules that govern Public Schools that would make it hard for people to get schools back up and running and you know you could you describe this as an economic call up your lab raid on the. Yeah i mean its unprecedented even in times of war we havent been disabled from moving out of our homes mean this is a situation where. Where businesses that dont serve the public thinks keep going but the businesses that do serve the public which is probably 25 percent or more of the economy. You know restaurants and all kinds of Service Organizations have all had to close down this is extraordinary its its an unprecedented economic. Sort of. A bank where people are not allowed to work and
Compassion for those displaced by war today. Imagine how it welcome both arties in india cite the nationwide lockdown imposed to slow the spread of the corona virus will be extended the 21. 00 day trips that you to end next wait but delhis chief minister says lifting the restrictions would 9 all gains being lost testing is being ramped up as the capital delhi and the Financial Hub in mumbai emerge as hotspots the number of deaths and infections has remained relatively low thats despite indias enormous 1000000000 plus population. Poverty is pushing millions of desperate people to defy indias lockdown orders its a basic matter of survival this landfill just outside of new delhi has become a lifeline. For the past few days ive been eating whatever i can find here look here theres some bread. There are biscuits im going to eat. He and others scour heaps of waste looking for whatever they can survive on now and live on later. I dont know if i can resell anything at the moment but after lock
Lauren hey, guys a twoday sell i dont have was reversed. Major averages closing near the highs of the session. Nasdaq leading the major averages gaining almost 3 today. The nasdaq was led by big cap tech which was down for this week. Three reasons for rally. First more rescue funding from the government is likely on the way after the Senate Approved yet another relief package. Second oil prices recovering. Take a look where crude closed the session today, above 13 a barrel. That is much better than it had been. A gain of almost 18 . With that reis big gains for halliburton, chevron, exxon and the Energy Sector in general leading the overall market higher today. And third, investors look to Earnings Report that continue to pour in from guidance on the coronavirus effects on the economy. Here is the trends were seeing and were seeing it for chipotle after Earnings Report showed 81 increase of people ordering online getting food delivered. That is with were doing. That stock is up 14 . Sn
And oil is up to the tune of 25 . The jobless claims rocked the street. We were expecting them to be bad. We were not expecting them to be 6. 6 million bad. Jackie deangelis, jackie. Reporter good afternoon to you, neil. Lets go ahead to start with the tweet from the president that had the dow jones up more than 300 points now. The president said, i spoke to my friend, mbs, crown prince of saudi arabia who spoke with president putin of russia and i expect and hope they will be cutting back approximately 10 Million Barrels and maybe substantially more, which if it happens will be great for the oil and gas industry. The markets are rallying on this, because low oil prices are good for consumers and businesses that use oil. Statement, you dont want the price to be so low that the shale producers go out of business. That the Oil Producers have a hard time, staying, conducting, keeping things going. So prices spiking today, more than 20 is a positive sign that it is all moving in the right