The emails were placed on a backedup hard drive by the Computer Repair shops owner. In those emails hunter biden sends messages to executives of chinas largest private Energy Provider cfc. Those show that hunter biden struck a threeyear deal with the chinese firm for 30 million in 207. And according to the 2017. And according to the emails, hunter biden was to be paid 10 million a year for his, quote, consulting fees based on introductions alone. Hunters emails suggest the deal had been sweetened, however, as the chairman changed that deal to a much more lasting and lucrative arrangement. Hunter biden says that sweetened deal was so much more interesting to me and my family, ebb end quote. End quote. The documents released today and reported on again by the New York Post also show that biden was paid a Million Dollar retainer by the Chinese Energy company to be counselor on matters related to u. S. Law. In an unspecified Business Venture that hunter biden was planning, he also sought p
They can make a package that would be acceptable, that is to the treasury secretary Steve Mnuchin and nancy pelosi. There is just one problem, whatever they come up would presumably not be acceptable to the Republican Senate or Mitch Mcconnell has said, whatever theyre contemplate something way too expensive no matter what the president says. Chad pergram with the very latest hey, chad. Reporter hey there. This is a monumental challenge. Keep in mind that House Speaker nancy pelosi and secretary of treasury Steve Mnuchin have been talking more than 90 days trying to get the next round of Coronavirus Relief done. The problem they cannot come up with the right cocktail to get something across the finish line, the right vote cocktail that has the proper number of votes in both the house and the United States senate. This is why Senate Majority leader Mitch Mcconnell has cobbled together a slim 500 bill dollar bill. It will probably be filibustered by democrats tomorrow. Keep in mind the p
Facebook, twitter set to report quarterly results. More importantly get a little bit of a sense for the out look of what is a uncertain future. Well hear from some of the biggest names in american business. So lets get to it. Fox Business Team coverage. Lauren simonetti and susan li are standing by. Edward lawrence on the recordsetting Economic Growth i mentioned. Edward in washington. First we have the panel, lance ulanoff, geir i hry b. Smith gary b. Smith, scott, an erin gibbs joins us from gibbs wealth management. It will be a fun hour to go through all of this. Amazon is the big one. Amazons numbers are just coming out. In the Third Quarter, amazon already reported 96. 1 billion in sales in a quarter. That is comfortably above the analyst estimates. They were supposed to be up 32 1 2 it were around they blew through that, looks like. With a net profit of 6 billion. On the eps side, well get back to it in a moment. Comparable to analyst estimates. Then to lauren, probably, scott ma
Have Edward Lawrence and in washington. Reporter they are scheduled to talk about right now. They usually talk about an hour on these phone calls. There is very slim chance of getting a relief package to help americans by election day. President donald trump said this morning it is political. And House Speaker nancy pelosi does not want to help the economy because that would help the president win. His economic advisors say the House Speaker packed her package with a lot of stuff unrelated to the coronavirus. There is a number of political and idealogical points in that have nothing to do with covid and we dont want to go that direction. If it is targeted right, absolutely. It is not it is not going to work. Reporter even if a deal could be reached the president said he would go above 2. 2 trillion, still reaching republican senators for their vote might be a challenge. The president says he would lean on Senate Majority leader Mitch Mcconnell to get the votes. It might be a hard sell
Not quite as thrilling after day as we had yesterday. Ashley connell it, would be hard to repeat. S p and nasdaq dropping because of a covid 19 vaccine fading a little bit. Investors pull out money from the tech companies, that benefited most from the pandemic. Look at the dow and s p and nasdaq down. I want to get tech stocks red across the screen. Microsoft, facebook, nvidia, Big Semiconductor conductor down 6 . Adobe systems down 4 . A lot of the stocks higher on the year but a victim of the rotation of money out of tech. If it is coming out of big tech where is it going . Lets take a look. Consumer defensive names. Companies likes walmart, costco, target, proctor gamble. There they all are. Weve gone from a red skeen to a green screen. Target, all the others also higher. Industrial stocks giving boost from a csx railroad gaining more than 3 as did ge, right around 3 . Raytheon up 4 1 2 . We should mention boeing, gaining more than, well, see in the final analysis 5. 2 . It was up m