Deal. No let up in germany. Angela merkel ruled out further loosening of measures after europes largest economy records the biggest spike in cases in four months. Asian stocks trade mixed following a fresh record on wall street. European futures point to a positive open. Good morning, everybody. Welcome to the program this wednesday morning. Lets have a look at terms of breaking news. Notes coming through mace maersk. The fullyear numbers, 6,000,000,0007,000,000,000. This is new guidance coming through. That is interesting in itself. The guidance we previously had in the year had been withdrawn by this business which operates 20 of the world container fleet. They are giving us this new guidance here. Looking at the underlying profit numbers for the second quarter. This is the backward looking part of it. The underlying profit data is 359 million dollars. They have done better than the estimates. We will be speaking into the management of maersk later on in programming. We have u. K. Ct
So were keeping a close eye on that. We have David Rubenstein joining us from the carlyle group. He has a great book out about Technology Giants who lose their worth after they get over a billion. It is gravy apparently after that according to him. Well get the latest on new york city. We know the possibility restaurants there will be closed through the end of the year. Now word that schools will open up but not for another couple weeks. It was supposed to happen by the 10th. Now pushed back to the 20 first. Even that looks kind of dicey. The big apple and all the problems apparently cant stop. It feeds on itself. Back to the major story, the lead story, the president of the United States going to kenosha, wisconsin. Normally president s when they hear local leaders are complaining they dont want to see them they back off. Not this president. Not this time. Mainly because not all local leaders feel the same way. Well talk to one congressman who welcomes the president. Says the city and
Before they have procedural votes. Bottom line i do not expect any rapid action on this with the house dead set opposed to whatever the senate will come with, even if Mitch Mcconnell gets the votes he needs ultimately to get this through. Nfl football returns. Thursday night football tonight. All eyes on the kansas city chiefs, houston texans. The stadium can hold 76,000 people im told. It is going to be at 22 of capacity, so 15,000 folks in the stands. What is odd, there will not be mascot the or cheerleaders. It will be very thin population on the ground besides players and coaches. It might seem a little weird but football is on. Well look at potential impact what we might be seeing and might not be seeing. Meanwhile politics is it still on. The president plans to visit michigan today, a battleground state he won by little more than 10,000. Polls are tightening. Blake burman. Reporter six president ial, President Trump flipped it around by slimmest of margin,. 2 . Joe biden is leadi
The Economic Club of new york is one of the nations leading nonpartisan forums for discussions on economic, social and political issues. This mission is as important today as we people together as a catalyst for conversation and innovation. We probably stand with our committees seeking inclusion and mutual understanding. Special welcome to guess of our members and lives of the Economic Clubs at chicago and washington d. C. Wouldve also been invited to join the webinar today as well as members of the Economic Clubs 2020 last the fellows. Before i began i would get like to thank our healthcare workers and our other frontline workers for all you do come particularly during these challenging times to keep us healthy and safe. Im not a letterworn in as the 25th commissioner of of food and drug on 2019. Dr. Hahn is a dedicated clinician having trained in both medical oncology and radiology. He was always carefully balance, executive management with clinical time to continue to serve oncology
Good afternoon. All here today to a hearing entitled acting americans from covid19 scams protecting americans from covid19 scams. The nation continues to fight the Health Crisis brought on by the covid19 pandemic. In addition to the threat this pandemic poses to americans, the Economic Impact resulting from responsible Public Health protocols have been felt in every corner of the country. It has become clear that preventing practices and dedicated resources including expanding testing capability and the availability of personal protective equipment are absolute necessities to a responsible path forward in extinguishing this Health Crisis. However, during this time of National Emergency and coordinated recovery, there are scam artists that seek to take advantage of consumers, especially the nations most vulnerable communities, like that of our nations seniors. Networks Consumer Reports consumers across the u. S. Reported over 136,000 Different Cases of covid related scams totaling appro