To start in september. The s p 500 is therefore positive though not at a record. Were 59 minutes left to trade and we have two big exclusive interviews coming your way on todays show delta Ceo Ed Bastian will join us with the latest view from 30,000 feet on the state of the Airline Industry and his companys announcement today to keep middle seats blocked until at least the end of the year. Plus, well speak with marc short about stimulus negotiations or the lack thereof. China trade talks and the latest signals on the economy you dont want to miss either of those conversations. Lets get to the big stories were tracking a volatile day for the lows we have a look how the economic recovery hasnt benefited everyone but we begin with the fast moving developments surrounding uber and lyft in california. Fast moving indeed. We found out just moments ago that uber and lyft have won a delay for converting drivers to employees. The i was about to come on tv and tell you that both apps were going
In august i approved a major disaster declaration for california. I approved, i think, gavin, about 40 stafford act declarations, so very quickly, because we want to get this thing taken care of including Fire Management assistance grants to help multiple states stop the fires. More than 28,000 firefighterrers and First Responders are combating the fires in california, oregon and washington. Over 230 soldiers are fighting the august complex fire, and thats the largest fire in california. Thats the biggest. Yep. And we want to thank all of the brave fighters. We want to thank these incredible people, the First Responders, Service Members who are racing to the extreme peril, really, to their lives and extreme danger. Lou and the president is now on his way to phoenix for a Campaign Round table with latino voters there. It will be his seventh state that the president has visited in as many days. And where is joe biden . Well, well find out later in the broadcast. And red storm rising, the
Nasdaq up 151 points and looking to open about 31 points higher it has been a wild ride for investors all week the dow and s p are down over 2 the last three trading sessions the s p on pace for its worst twoweek performance the nasdaq has been a big mover. A lot to chew on after a tough week true, andrew. Tough in that it had been up so much we sort of glossed over september 11 19 years when you say it, dont you say, oh, my god, september 11 for you, it is about half your life for me, about a third of my life it went really quickly 19 years i remember so well mark hanes and Everything Else that happened. Year after year, constantly on september 11, it is amazing how quickly time goes. Since last year, weve seen our share of tragedy as well up until this pandemic, well see how history looks at all of this i would argue that 9 11 was the most consequential thing that happened in the past 50 years, maybe 100 years with security and how we live. You can define the world in many ways by th
Negotiations to sell the short form video app u. S. Assets say the ceo wants it and sees it as a prize. We should tell you the bid for tiktok which reports say could go as high as 50 billion are due this week. President trump has said if theres no deal by september 15th to sell its u. S. Arm to an American Company, he will ban the app. Tiktok sources tell us the company has witnessed not just an american but an international rush to download the app ahead of the possible ban. President ial trade adviser and China Hawk Peter Navarro is about to join me live to talk about the bidding battle for tiktok and what has sparked the administrations ban threat on the chinese social media disruptor. Is there evidence hes ready to reveal . To the nasdaq, racing toward a fifth record close in a row, its longest string of backtoback alltime high finishes for the year and the s p not far behind, gunning it towards its fourth record close in a row. A catastrophic category 4 hurricane expected to slam
And he is appealing to working men and women and their families. We heard from a crosssection of working men and women last night who shared how President Trump has restored the economy and used that power to secure more opportunity for all americans. President trump took the necessary action knowing that agriculture is our backbone and strength. Critical to our National Security. Our entire economy and dairy farming are once again warring back. He has followed through on his promises including last week when he brokered to end european tariffs on maine live lobsters and up to 20 on Maine Lobster products. By getting rid of the jobkilling nafta and negotiating the u. S. mexican canada trade agreement, President Trump insured a more competitive Playing Field for american companies. Lou the president himself, President Trump, featured in two videos aired at the rnc. In the first President Trump pardoned a reformed bank robber, john ponder. Ponder now runs a prisoner reentry program. In a