Tonight remembrances continue to pour in for the man known as the conscious of congress. John lewis lost his battle with pancreatic cancer last night at the age of 80. Today a memorial is growing below a mural of representative lewis. From selma, alabama to capitol hill, lewis was dedicated to the fight for civil rights. Chris pallone has more for us on how people are remembering the man who spent his life fighting for equality. Reporter in the midst of his georgia district, people have ay to pay respects to the man people called the conscious of the congress. Lewis served the people for 33 years bull years but was a civil rights leader in his early 20s along id Martin Luther king jr. Martin luther king iii said in fighting for Voting Rights lewis leaves behind an enduring legacy. We are seeing more young people engaged in voting. Fellow civil rights leader and former Atlanta Mayor andrew young said lewiss death is not a tragedy because his impact moves on. Just as Martin Luther king i
To talk about the vote, the guard rails that are put in now for Small Business loans and what phase four could really look like. Government money, though, will not save Neiman Marcus from the crushing effect of the covid19 epidemic on retailers. The High End Department store chain could file for bankruptcy, some say at any moment, could be by the end of this week, but can saks save it . The former chairman and ceo steve sadove on that and whether we are witnessing the death of the Department Store. Tonight is the first live major sporting event since the virus shutdown, all of the leagues, the nfl, mlb, nba and its the nfl draft, okay . Yeah, its a sporting event, is it not . No touchdowns are scored, though, unless you count the hundreds of millions of dollars flying around to potential picks. We are less than an hour to the closing bell on this thursday. Lets start the claman countdown. Liz we begin with breaking news and it involves amazon. Amazon is denying a bombshell report by th
Musks promise of making cheaper cars sooner. Stocks gain in asia, pay 69 billion sale and solid demand as a 5 coupon appears allusive. Biden says a will flow to ukraine after Senate Passes and aid package. Lets check in on earnings. Volvo cars with the focus on price and cost cutting. We know sales across europe have been slowing. Volvo cars sees fullyear revenue up at least 15 , pushing forward, revenue is a miss. Logging 93 point 8, 90 4 billion krona in terms of revenue below estimates that had seen shy of 100 billion. In terms of operating income, that came in below estimates versus just shy of 6 billion. Margin is a mess. Just shy of 5. 7, but revenue up 15 , a company we will watch at the open as we contend with softness. Competition from china, price cutting. We will be speaking to the volvo car ceo and president at 7 15 am u. K. Time. And the swiss drugmaker firstquarter sales coming in shy of estimates. 14. 4 billion, estimates for 14 billion, a small miss. We know in terms of
Im wilfred frost. Im Kayla Tausche in for sara eisen. Good morning thanks for allowing me to come back. Youve been keeping it warm sense both of since both of us n out. Just one day futures pointing lower this morning. Well come to International Markets in a moment. A triple digit decline for the dow. Down about 100 points. Nasdaq down 27 s p down 10. Late last week, we had that pull back and a bit of a selloff. Early this week had seen a bit of red, but muted declines, 0. 2 yesterday we saw energy as the worst performer. Oil was slipping ge selling down. It was down over 5 . It was energy, the big decliner yesterday. Thats because oil prices slipped 2 theyre slipping again today commodities is a big part of the risk off move weve seen both yesterday and today in asian and european trade oil off nearly a percent 55. 2 for wti tenyear treasury note, yields have slipped significantly globally yields have been slipping and pulling down u. S. Yields the last day or two the u. S. Yields mov
Live from Bloomberg European headquarters in london. I am guy johnson. Francine is off today. Lets tell you what we have got coming up. We are live with carlsbergs ceo. With clashes in the ukraine escalating, we are going to talk to him about the brewers big presence in this country and what it means for him. Is istails on what happening in the ukraine, the violent clashes taking lives. The number of dead continues to climb after the bloodiest episode of the threemonth standoff. Ryan chilcote joins us with the of contextnd a bit that we need surrounding these stories. These pictures are amazing. Ring us up to speed with the latest development. Bloodiest day in these protests in three months now. Bloodiest day in ukraines 25year history, 25 people killed, 350 injured. Both sides increasingly entrenched. Last night we had the Police Telling women and children to leave the square. We had the Opposition Leader calling men to the square to defend it. Another leader says they wont leave it u