Developments and Governor Andrew Cuomo has been mentioning these developments. Now worry on the food side though. We heard that tyson foods is indefinitely suspending operations at that largest pork plant in south dakota and worries now, forget about whether you get pork or beef. Whether, if and when you get it. We could be looking at sharply higher prices because right now it is in short supply. Connell mcshane on the latest developments. Hey, connell. Reporter neil, we have widespread agreement whether it is governments or companies, about the economic damage being caused by this pandemic in the country where there are differences though is on the approach to how to reopen economies. Now, you mentioned, some of it is businesses versus government. Business us will make the own decision. Tyson is example of that. Suspension of these operations you mentioned is an indefinite suspension. The basic thing here. A lot of workers, so many calling in sick at that plant that tyson felt they ju
Are interesting and going down and going in the right direction. Cases in the boston area are now declining. The chicago curve appears to have flat yepped and detroit has past its peak. These trends demonstrate our strategy to battle the virus is working and more states will oon be in a position to safely reopen. Very exciting, watching what is happening and people are getting ready and all excited. Robertnt to mention, dr. Redfield was totally misquoted in the media about the fall season and the virus. Totally misquoted. I spoke to him and he said it was ridiculous. He was talking about the flu and coronavirus coming together at the at the same time. And we will knock it out. Well knock it out fast. Thats what he was referring to. Coming together at the same time. And rather than waiting, i would ask dr. Redfield to to straighten out. He didnt say it was a big explosion. The headline in the Washington Post was ridiculous, which is, as i say, fake news and crmp nn is fake news, which t
Tariffs rolling back in phases as we go forward. A spokesman for the Chinese Commerce Ministry Says if the deal gets made or gets finalized, this would happen. Here is exactly what he says. I want you to hear this. Listen. Translator if the two sides reach a first phase agreement, the already proposed tariffs will be canceled proportionally. This is important part of agreement. Reporter we heard if. We heard in the last minute that was accurate statement, coming out of u. S. Trade sources here, Senior Administration official saying that is an accurate statement. Chinese sources tell us they have been told about it u. S. That the december 15th tariffs will not be imposed. A trade source on the u. S. Side, says if there is deal finalized they do not expect the december 15th extra tariffs to be imposed Going Forward. Separately both sides say idea of a trade deal pushed into december is not part of discussions at this point. Theyre working with a time frame, apec time frame. To have final
Comes out tomorrow. Again motors revealing the fourday strike will cost them 3 billion, closing up 4 . Connell fox Business Team coverage. Our top stories, Edward Lawrence live at the white house. Gerri willis on the floor of the New York Stock Exchange and Grady Trimble on capitol hill. That is where boeings ceo has been facing tough questions from lawmakers. Gerri, on the markets. First to you. Reporter start on the news. J j shares were halted for trading. Mysterious what was going on. We found out what was owing going on. The company tested baby powder, two skip separate companies tested their baby powder. Two previous bottles tested found no asbestos. Closed at 129. 12. It closed and did not reopen for the stock market. There were maybe a dozen traders standing over there waiting to find out what was going on with j j. They got their answer. Should be good news for the stock tomorrow. Additionally, 60 tested recall lots, conducted by two Third Party Labs finding no asbestos. 129.
Bonds rose in stock fell. President trump promising that this will show the call is totally appropriate and there was no pro, and Mitch Mcconnell is staying mom of how they will handle all of this. We have every angle of this cover for you. Jerry is on the floor with the big board and edward is in d. C. Where we begin our coverage tonight. The House Speaker nancy pelosi said the president s actions violated the constitution. That is why she starting the formal impeachment process. This is an impeachment inquiry, not the articles this is the investigation part. She made an announcement in a brief statement. This week, the president has admitted to asking the president of ukraine to take action which will benefit him politically. The action of the Trump Presidency revealed dishonorable facts of the president s betrayal of his oath of office, betrayal of her National Security and betrayal of the integrity of our election. Therefore, today, im announcing the house of representatives moving