But entrepreneur chanel fields, ceo of startup md ally in philadelphia, says the timing couldnt be better. You know, i think that this is a pretty good time to start a business. Reporter fields new company lets Emergency Responders and 911 dispatchers reroute nonemergency calls to virtual doctors. Youre talking about a business that both makes sense now and will continue to grow in importance in the future . Yeah. I have a lot of people who call 911 for things that are sore throat pain. When youre in the middle of a pandemic its important that you are using those resources as efficiently as possible. Reporter with Interest Rates low, the cost of rent and equipment falling, many talented people looking for work, some traditional barriers to starting a business are less of a burden. But fields says its even bigger than that. Theres more of a sense of purpose. I cant think of a better reason to create value and see if you can do more, do something thats outside of your norm. Reporter she
Power lunch starts right now the s p 500 briefly dipping below 3,000. Bob has more on todays sell off. This is a very interesting day because its complicated we had a 70point swing in the s p 500. Wii right on the verge of going positive its not simple to say this is a day when the cyclicals started rallying the market is bit unsure of what to do. Just take a look at the dow leadership here. You say, look at all these industries rally here. 3m is up boeing is having a good day. Were seeing the other stocks. Raytheon is on the upside. You say the cyclicals are doing well thats not really the case look at the dow laggards, for example. You get defensive names like merck and pfizer caterpillar is still down. Banks are still down even though they are off the lows. You see its not quite simple to say the cyclicals are rallying boeing has been on a wile ride for weeks. It was 176 earlier in the day. Its been moving up and moved into positive territory. It was 155 two weeks ago it goes down t
The death toll has increased to at least six after nearly two dozen tornados ripped across the south. One of the largest twisters touched down in southern oklahoma where the entire small town of madill is without power. There was widespread damage to homes and businesses. Another destructive tornado hit southeastern texas north of houston, uprooting trees, knocking down power lines, and slamming into dozens of homes. Turning to Financial Relief for families suffering during this financial and economic crisis. With so many people stuck at home and fewer cars on the road, Insurance Companies enjoying a cash windfall from fewer accidents are now giving back to their policyholders. Bc bory. Kids. T nal that means big cars and big insurance premiums. Their bill, 315 a month for their two cars. But since the shutdown, their needs have changed. We have not moved our cars from our driveway. Theyve basically just been sitting there for almost a month now. Reporter so zero miles on the road, zer
On halloween night and later both times in lafayette. The men are from fairfield and are linked to two other robberies. Live coverage now. Azer in Reporter Police recovered several weapons and stolen property. These arrests come after a packed Community Meeting last night where residents aired their concerns. Ill sleep better tonight knowing that those people who were responsible have been arrested. Reporter residents are a little more at ease upon learning Police Arrested two men responsible for two Home Invasion robberies less than a month apart. Actually surprising to me that peoples homes are being invaded, and people are being tide up and their lives are in danger. I expect the community to be concerned. Im concerned. Reporter tips from the public led them to the arrests. Police arrested them at the home on pacific avenue in fairfield. The first Home Invasion happened halloween night. Intruders barged in, tied up the homeowner and his wife and ransacked their home. They also stole
Maybe 50 odd points today. Its a down day, at least at the opening bell. Caution, tomorrow we get the big report on the Service Sector and friday, the big jobs report. If either confirms the manufacturing slowdown, im going to say watch out below. And this, too, may be a negative for stocks. The hong kong shooting tuesday night, an 18yearold High School Student goes down. It is urban warfare. No other name for it. More protests are planned for right now. Dont ignore this. The National Day Military Parade in beijing on display, a series of very modern weapons including carrier killers. That is missiles capable of knocking out an American Carrier battle group. That would change the military balance in the pacific. Thats the asian backdrop to the trade talks, not that encouraging. We are invested in you and we will take you through what may be a nailbiting day. Varney company is about to begin. Stuart this market is likely to open this morning on the downside after a fair sized drop yeste