And no refunds. Hotels and airlines might be refunding trips, but many airbnb customers may be out of luck. We have the details. We begin with the volatile state of the markets and the Global Economy as the coronavirus outbreak widens. Italy went into a nationwide lockdown, u. S. Virus cases spiked, and the dow the market plunged. The Dow Jones Industrial complex entered a bear market wednesday, the s p tumbling into bear market territory thursday after President Trump took to the airwaves, announcing a ban on travel from europe. Pres. Trump to keep new cases from entering our shores, we will be suspending all travel from europe to the United States for the next 30 days. The new rules will go into effect friday at midnight. Emily in tech, the forecast on how much Companies Like apple, amazon, google, and facebook would lose in a downturn, and uber and lyft shares fell on the reality that customers are sheltering in place. I asked Wedbush Securities dan ives for his take on the volatili
The pound is trading up i about 0. 2 . Ultimately what the extra supply is going to do to the shape of the curve, but certainly, this is what many people have been anticipating would be delivered. Italy also announcing it is going to increase its fiscal stimulus to help the economy out , an economy that continues to remain largely in lockdown, along with the population. Lets get more on how Insurance Companies are dealing with what we are seeing at the moment. The u. K. s prudential is a Health Insurer and asset manager as well. Joining us now is mike wells, ceo of prudential plc. Good afternoon. How is the company being affected by what is happening . Todaywe Just Announced 2019 results, were you had a number of convergences occur. Earnings were up 20 . The majority of our markets in x hong kong come very strong and resilient. It is an indication of what youre seeing now, which is market by market, we still see doubledigit growth in Southeast Asian markets, and as we are sitting here
Are seeking to capitalize on it. We will talk about the potential threats to National Security. And no refunds. Hotels and airlines might be refunding trips, but many airbnb customers may be out of luck. We have the details. We begin with the volatile state of the markets and the Global Economy as the coronavirus outbreak widens. Italy went into a nationwide lockdown, u. S. Fires the dow cases spike, and the market plunged. Jones entered a bear market wednesday, the s p tumbling into bear market territory thursday after President Trump took to the airwaves, announcing a ban on travel from europe. To keep new cases from entering our shores, we will be suspending all travel from europe to the United States for the next 30 days. The new rules will go into effect friday at midnight. Tech, the forecast on how much Companies Like apple, amazon, google, and facebook would lose in a downturn, and uber and lyft shares fell on the reality that customers are sheltering in place. Danked wegman sec
revealing interview, and confesses to being, quote, a terrible liar. and the latest on jimmy carter. i ll speak to one of his top white house advisers who helped engineer his rise from governor to president. let s go outfront. good evening. i m pamela brown in for erin burnett tonight. welcome to a special edition of outfront. and tonight, ready for anything, ukraine s military preparing for provocative acts by rucha to mark the one-year anniversary of its invasion. the warning as president biden made an unprecedented surprise visit to kyiv to meet with president zelenskyy, sending a painful reminder to putin of how his invasion plans have failed. the visit also stinging russian troops already dealing with major morale issues. a telegram account managed by russian military bloggers noting biden has done something putin has not, saying, quote, almost a year after the beginning of the special military operation, we are waiting in the russian city of kyiv for the preside
Words harbor illegal immigrants. Its one of several actions from the new administration that will have a direct impact on people here in california. Leann melendez begins our coverage with the potential financial impact. Dozens of immigration advocates chant, an organized community will never be deported. It was in response to President Trumps executive order threatening to withhold federal funds from so called sanctuary cities. It will continue to protect its sanctuary city laws that have been in place for the last 20 years. A safer city is a city that doesnt allow its residents to live in fear fp. I think families are both afraid and ready to push back. Todays action by the white house did not have any specifics. Still, because San Francisco is a city and county, it stands to lose a large sum of money. The 1 billion in federal funds San Francisco receives a year, makes up more than 10 of its 9. 6 billion budget. Lets say homeless funds are for veterans as well . Do they want to hurt