Held by chief executive carrie lam, saying hong kong will increase Virus Testing to Something Like 7000 a day. Thats the hope, anyway. They will be extending that capacity for this territory here as well. Thats the backdrop here is carrie lam just outlined this increase in the number of people who will be tested here in hong kong or who can be tested here in hong kong. Haslinda chinese president xi jinping is promising to make the Coronavirus Vaccine available the pledgedeveloped, as part of efforts to defuse critics to the governments response to the pandemic. The virus does not respect borders. Mankind is a community with a shared future. Cooperation are our most powerful weapons for defeating the virus. Tom mackenzie has more from beijing. She succeed in trying to persuade critics . Tom the u. S. Will keep up its drumbeat of criticism for china. He did make some important points in the speech to the governing body at the world health organization, talking about the need to develop a
Republicans need strong federal leadership to combat this deadly threat. Help to get the protective equipment and supplies they need to protect their frontline medical workers and essential employees. Thertunately, administration is leaving it up to the states, forcing them to compete against each other in order to purchase equipment and supplies from the private sector. This is leading to higher prices and greater shortages. We need the federal government to use the existing authorities to efficiently, effectively, and citiesly help states and that need them the most. This committee has heard from Bipartisan Health experts that cities and states need a comprehensive nationwide plan to safely reopen the economy, including detailed plans for tracing, andact containment. Have been forced to develop their own testing ineffective,cient, and inequitable patchwork that will only prolong and exacerbate the crisis. Local governments are facing financial crises. Expectt survey shows budget shor
All of faang higher with names like paypal up 5 today. We have two bad final hours of trade over the last two sessions and we have sold off over the last couple of hours off the session highs as we stand. Ahead on todays show, well speak exclusively with Thomas Barkin on the heels of another massive jobless number why he says we may be at the bottom of the downturn he just said that on a podcast about an hour ago. Plus, former treasury secretary, jack lew, will join us to discuss the governments tuss efforts and whether cash is going to the right places and the countdown to another big afternoon of earnings. Uber, roku, dropbox and trip adviserme adviser. Well bring you all the numbers you need the know as soon as they hit were off the session highs. Dow high was 430 points. Up 206 just shy of a percent s p 500 and nasdaq still up more than lets focus on the big stories mike is tracking the market rally. Meg has the latest on moderna jumping on news surrounding its vaccine candidate, b
Gene munster is gearing up for both of the calls. We kick things off with apple which is now negative after a brief pop after the release and josh lipton spoke with tim cook. Josh, whats the latest . Melissa, one question i had for tim cook is what hes seeing in china obviously, so important for apple as a key link in that cups supply chain and also as an important end market. I asked him what his iphone demand looked like in china and whether you can extrapolate for that and china is the leading indicator for possibly europe and the u. S. And cook telling cnbc there is a significant, steep falloff, and that began to recover some in march and weve seen further recovery in april and it leaves room for optimism. Its hard to tell thats a leading indicator and there are differences and the u. S. Has had a bold Stimulus Program and i think that will clearly help and im optimistic of the pace of the recovery in the United States i asked him about the work from home trend and so many millions
A jetliner. Bloody near putin travels aboard the controversial 1st ever direct rail link between russia and crimea. And im santa have all the days sporting puting pakistan celebrates the end of its a decade long exile from cricket with a victory in karate. 5 people have been sentenced to death in saudi arabia for the murder of the journalist jamal ashaji in turkey but the Human Rights Group Amnesty International has branded the trial a whitewash and the Washington Post said it was a sham the identities of those convicted werent revealed that the closed door trial in riyadh the criminal court cleared former royal aide saudi. Who is widely suspected of being a ringleader and mohamed be who was the saudi consul general in istanbul which is where he was murdered former deputy intelligence chief Ahmed Alice Sciri was also released due to insufficient evidence evidence 3 other people got jail terms totaling 24 years ashaji is a murderer sparked International Condemnation the kingdom denied l