Anaheim, california in the right. As marchers prepare to start walking. These protests, we want to underscore once again, at the moment are largely peaceful. But those images of violence and looting that we have seen over the last few days have businesses wrapping their storefronts in plywood and razor wire. In just minutes we will take you straight to the epicenter of the protests, the Minneapolis Regional Chamber of commerce president is here in a fox business exclusive on how and whether businesses can banish those visions of looting and damage both big and small. Can they recover from the destruction in the twin cities and quite frankly, the rest of the nation . And the age of the highly contagious covid19, it has forced many commuters dependent on Public Transportation to take the wheel. I should say wheels. Bicycle wheels. A stunning run on bicycles as demand rises higher than the tallest peak of the Tour De France mountain. Kent internationals ceo is walmarts biggest supplier of
Its down 207 but the russell 2000 has the biggest percentage loss. The small and midcaps are getting creamed, down about 3 right now for the russell. Powell tying an economic recovery to a Covid Vaccine and therapies that can cure horrific symptoms including a disturbing new lifethreatening clotting disorder like the blood clots that cost a broadway star his leg. Enter the biopharma ceo mike sherman, here in a fox business exclusive on his new anticlotting covid drug thats on the fda fast track. Boy, are they moving fast. Plus as the covid outbreak destroys huge retail names, its actually bringing back one from a near coma, at least the stock. Speaking of stock, its overstock. Com, not just alive but actually thriving with triple digit sales increases. Overstock ceo Jonathan Johnson here in a fox business exclusive on the steps hes taken to fill a leadership vacuum left by the controversial former ceo, patrick byrne, and the problems of coronavirus. Plus bring on the quarantinis. Alcoh
Money away for loan loss reserves. Alison Williams Joins me now. What were some of your takeaways. [no audio] actually, we are still working on her audio, so lets go to Annmarie Hordern first. Part of what we heard was from fatih birol of the iea talking about how bad demand would be, despite any production deal. Annmarie some seriously drastic headlines out of the iea. The other part is what they are talking about what this means for storage. It is testing the logistic capacity to the limit. On the demand side, they see april serious demand destruction, down 29 Million Barrels a day. For the year, what that means is 9. 3 Million Barrels a day, the worst we have ever seen on record in terms of demand. What the opec cuts probably did was maybe pull us back a little bit from the brink, but not doing that much. You can see that with what is talking about in storage. They say that could be exhausted by the middle of the year. All of this putting downward pressure on the future prices. Wti
Him. And saving fashion. Only on cbs this morning, there she is, anna wintour explains an effort to save an industry facing global devastation. But first, heres todays eye opener. Your world in 90 seconds. We may may be reaching the point where the impact of the coronavirus is beginning to level off. The death toll from the pandemic continues to rise. Even as there are signs the spread of the virus is slowing. The mitigation weve been doing is having a positive effect but you dont see it until weeks later. Another really ugly week. 6,600,000 jobless claims. This is a savage number. And this is probably still an underestimate of what the unemployment situation is. Big news from campaign 2020. Joe biden is now the Presumptive Democratic nominee after senator Bernie Sanders announced the end of his campaign. Before you made this announcement, did anyone notify larry david . Tyler perry teamed up with wynn dixie to pay the grocery bills for dozens of grocery customers. The Series Finale of