Or 1800743cnbc. Today our hospitals are packed with covid patients. This milestone seems damn right crazy. After another trip of the dow surged 455 points and s p jumped 1. 6 i am telling you that this surge to 30,000, dont look at it that way. How do we explain this region of the bull market. Ten reasons why this thing work. Not only it will holdup overtime, you got to know it first, the results, results wont be overturned. There was a slim chance hell be able to beat biden in the courts or if not the polls but he could not pull it off. At the end of the day there was just not any fraud when the president lost in pennsylvania, it is up second, vaccine. We got one vaccine of 95 efficacy from pfizer the second one is similar. Then astra seneca. 100 million doses to the United States by years end if they get the delivery right which they probably will. You have to hope it will go to First Responders and Nursing Homes and you get it at the pharmaceutical locations trust scientists and tha
Well, two important aspects of the ongoing pandemic, preventing the spread of the virus and limiting the economic damage continue nobody conflict this afternoon across much of the country, including right here in the bay area. Tom vacar joins us live this afternoon, and this new wave of restrictions threatens the very survivability of the restaurant industry. Well, the whole fact is this cannot go on forever. Some accommodations will have to be made. Covid carnage to patients mirror s the carnage to small businesses, restaurants and their employees. It is a tail of two realities. According to the National Restaurant association, this is their sobering reality. 100,000 restaurants, 1 in 6, closed forever or long term. 40 of the remaining restaurant ours saying theyll be gone in three months without any help. 240 billion in lost sales this year. One Business Owner we spoke with has been able to survive so far. There has to be assistance for businesses and also for individuals. Reporter b
Lower. Plus, scp is on track for its worst trading day in 12 years. The german Enterprise Software giant slashing revenue forecast of ongoing covid lock down for its business of course, the race for a cure Drugmaker Astrazeneca says its Coronavirus Vaccine triggers an immune response amongst older and younger adults carl david, well begin with that sap story, and asking if that is something european or something bigger especially for mega cap tech im struggling with the reasons for it very dismal outlook. Frankly, you could argue this stock is still too high at these prices which is substantially down 20 theyre talking about a cloud slow down. Can we understand that cloud has acsce accelerated every business when you upload an sap program in the cloud it does far less for you. There is someone who facilitates going from the private to the public you know something, i got to tell you, carl, this point stinks it does. I had the previous ceo on a coceo ms. Morgan and do you know three wee
Be a comber affair, sometimes when youre sitting down her brother standing, makes a difference, itll be a little bit for their part 12 feet than the customary virus world which we live in 6 feet plexiglass and all of that. It could be interesting, Hillary Vaughn and Salt Lake City, where this goes down later tonight with the very latest. The Biden Campaign says senator Kamala Harris tested negative for covid yesterday, she is in the clear for the debate tonight, so is Vice President mike pence who the cdc cleared yesterday saint several negative test it is safer than bp to participate in tonights debate even though hes had a few close calls coming into contact with the virus after the president tested positive, white house advisor Stephen Miller did to who is married to mike pence spokesperson katie miller, both candidates will have masks during the debate but as you can see alive look inside the debate, there are two plexiglass partitions set up for the guest on the candidates Kamala
Wall street is looking for any clarity on stimulus following President Trumps tweets, suspending further negotiations until after the election yesterday but calling for targeted relief since then for airlines, Small Business and a new round of 1200 checks. Eli lily saying its seeking emergency use authorization for antibody treatment dr. Gottlieb says its a major step forward got a bit of reversal from yesterday. Quite so. On todays show, restauranteur danny meyer putting out a plea for lawmakers to come up with a stimulus plan. He will discuss what it would mean for the Hospitality Industry if help doesnt come through soon plus kara swisher on whether any of that will mean real change Steve Liesman has the fed update for us, and joining us to break it all down is jeff sherman from double line capital. Steve, lets start with you. Wilf, thanks. Fed officials in their meeting from september had begun to have concerns about the possibility additional stimulus would fail in congress. They