I am proud to say it led to the first bipartisan package in decades. It took time and a willingness to acknowledge that no party has a monopoly on good ideas. M proud of what we are what we created together. Although we were already holding these hearings in our committee, we require that others hold them also so that all members have a chance to be heard in front of congress. Hopefully, more good ideas have the chance to see a light of day. I couldnt ask for a better partner than our Ranking Member, tom cole. We come from different parties, but we share the same dedication to this institution. What this is really all about, a wellfunctioning house allows us to tackle the issues that can make a positive difference in peoples lives and that is why we already for prep congress and the first place. Before i turn to our ranking on the job to for the house of new parliament parliamentian. Mr. Jason smith. Mr. Cole and i have said a lot about him to his predecessor. And he and his predecesso
Boost the recovery. Larry summers says the coordinated Global Response is needed. And airbnb books an ipo in new york, aiming to list shares on the nasdaq. Booking through september a total of 18 billion. Although it admits covid19 continues to affect the business. Lets take a look at the asx. More than normal when it comes to the australian soft market after it had the data disruption out. Yesterday was the longest outage in about a decade. Of course, it meant australian traders missed out on the bulk of the days rally. Only trading for a halfhour. We are seeing a pretty modest start, less than 2 10 of 1 higher at the open. Perhaps some caution there could be more technical difficulties. We are seeing gains when it comes to trading in new zealand. Nikkei future setting off on a bad foot as we are seeing some profittaking. It does look like the vaccine driven optimism and the rather we saw overnight will continue, with s p active futures in the positive. Shery we have breaking news at
Good morning welcome to squawk box. Im becky quick along with yoe kernen and mike santoli. Andrew is off today. Well start things off with the stock futures after some positive vaccine news drove the dow and s p 500 to record highs. Dow giving back some of that ground, down by about 100 point, but remember how far they have marched for the last three weeks. S p is indicated down by about 14 points and then the nasdaq is indicated up by about 12 points. We do have some breaking news from amazon and better that coocoo Bertha Coombs ohas that story they are launching a full Online Pharmacy building on its acquisition of pill pack the new pharmacy is innetwork with major insurers and medicare and patients can pay for their prescription copays with funds from their Health Savings accounts just like they were at any pharmacy and they can confer with pharmacists online or over the phone about their prescriptions. Prime members get free two day shipping, patients who needs meds right away with
That is correct, mr. Chairman. We got to find something we can join here. There may be good reasons, im just trying to i want a global fund to be created like we have done for aids and malaria and other things to deal with plastics that we can control. I want us to look at the World Bank Program and see if we can make some contributions there. We are going to leave the hearing open to friday at 2 00 p. M. For additional questions. I just want to thank you both. I look forward to working with you on this. We are going to provide you more resources. Tell us what you think it is best utilized. Thank you. Mr. Chairman, thank you very much and thank you for the attention. Thank you. The meeting is adjourned. Thank you. Thank you so much. Today, the conclusion of a q a interview about the relationship between the media and u. S. President s. Todays program talks about president s from Franklin Roosevelt to donald trump. With joe biden as president elect, go to cspan for live coverage of the
Good afternoon. Welcome once again to power lunch. Im john for tte, energy up 13 this week and financials also down about 2 . Its the regional banks seeing the most pain, first republic, pnc, truest financial leading that sector lower. And Airline Stocks all lower as we get a clearer picture of what Holiday Travel will look like in this persistent pandemic first, lets get to bob pisani for more on the Market Action today. Bob. Hello, john what happened to our value rally . Banks and things like that moving to the up side, Energy Stocks it got smacked by Covid Concerns and by the lack of stimulus. Thats a problem what do we do . Hey, lets go back and buy workfromhome stocks again. The docusigns, zoom videos, activision, some of the other tech names are barely clinging on to gains. Service, which is a big what we call a high beta mover on the day is on the up side. So are some of the Semiconductor Stocks but the rest of the Technical Area is pretty much split to the down side. Another gr