A hilltop runway at least 18 people are killed as it splits into pieces. Fears for close knit communities the challenges facing Papua New Guinea as it starts to feel the affects of coronavirus. And. Becomes the 1st player from china to lead a golf major at the halfway stage of the p. G. A. Championship. Clean up of lebanons damaged capital could soon give way to a new show of anger a mass protest against the government and the ruling political classes is due to begin in the center of beirut in just a few hours time search teams are still looking for 60 people reportedly missing after tuesdays port blast which killed 157. 00 people and injured now we know 6000. 00 its thought there are still people buried under tons of. Rubble the blast was so powerful it damaged buildings kilometers away leaving 300000 people homeless the residents of beirut are still working to clean up the area and there is anger at the governments response aid is coming in from around the world and france will host
Plus, jailhouse rescue. The dramatic moment inmates came together to save the deputy who was guarding them. Mission to mars, the first of its kind trip to the red planet today. Why nasa is sending a helicopter. And bold brews. With more americans drinking at home during the pandemic, the new and unusual beer options hitting the market. Good thursday morning, everyone. We begin with the coronavirus crisis. More than 150,000 people in the United States have now died from the virus. The good news is new cases are down. The bad news is more than 1,400 deaths have been reported in the last 24 hours, the most since may 15th with grim new records in texas and florida. A texas congressman who was set to fly on air force one with President Trump yesterday has now tested positive. He was seen the previous day with attorney general william barr who has now been tested. This morning a new report is expected to show the economy shrank by 35 during the second quarter, the largest decline on record.
Diego, it will be Online Learning only for the rest of this year. That is shut down. The l. A. Teachers union demanded medicare for all and the defunding of the Police Department as a condition for reopening. What has that got to do with education . Leftist politics rules and the largely minority student body in Southern California will be deprived of a meaningful education. All right. Lets talk about money. Earnings season has begun. Look at delta. Lowest revenue in 30 years, 3 billion forked out for virus expenses, burning through 27 million a day. That shows you how tough it is for airlines these days. The stock down a little premarket. Overall, a tiny bounce back for the overall market. Big tech largely in the red this morning. We do have some decent earnings from some big banks and thats giving the markets a very very modest boost. The dow is looking for a very small gain, maybe up 10 or 12 points. And we have the s p and nasdaq on the downside. Thats premarket. All right. Now loo
New claims actually rose. And 17 Million People are still drawing Unemployment Benefits. I believe thats a negative for the overall market. Get to that in a second. Look at this. Amazon, apple, google, facebook, the day after the top executives took a pounding from the politicians, these stocks went up during those hearings. They are down in preMarket Action this morning. Hold on. All four of these giants will report their earnings later this afternoon. This is big techs big day. My opinion, these Companies Need blowout numbers to sustain their very lofty stock prices. Watch it unfold at 4 00 this afternoon on this network. Overall, i got a lot of red ink to show you. The dow is looking for a loss of over 300 points, down maybe 40 for the s p and off 131 on the nasdaq. Heres one of the negatives thats hurting the market. Emergency virus relief. It runs out in 24 hours. Congress is divided over how to replace it or extend it. Investors want more stimulus but theyre not sure they are goi
Edward lawrence in washington, Hillary Vaughn and hershey pennsylvania and gerri willis. We will start with edward and the latest from the president. Right now the president is on his way to a high dollar fundraiser in southern florida, the ceo is holding a fundraiser at his house, the president making a lot of news today the president will not go to New Hampshire tomorrow, his rally has been postponed because of hurricane or Tropical Storm fay there concerned with the wind in the president on air force one also talking about china, he says he is very concerned, the damage in the relationship has been severely damaged according to the president between the u. S. And china because of their actions that led to the spread of the coronavirus. He believes that the president has too many other things on his mind to worry about even talking about a phase two trade deal with china, he is moved on from that in the president did address the economy. We will have a great third quarter, thirdquart