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
Shoppers are spending more during each visit during the pandemic which is good news for target. That is a bright spot in otherwise down day on wall street. Im Connell Mcshane. Welcome to after the bell. You know the numbers after the bell. We have time for the news that is happening at this hour. Fox Business Team coverage, blake burman is in washington, we have Jackie Deangelis in the new york newsroom, Ashley Webster coming up as well watching some of the new restrictions on business ahead of the holidays, well get to that in a moment, but, blake, lets start with you. Whats the latest. Reporter big news out of pfizer today, connell, 95 effective and safe that was the news out of that company as it relates to the covid19 vaccine candidate with pfizer saying they could apply to the fda for that emergency use authorization here in the coming days. Here is what pfizer said this morning about that covid19 vaccine that they are putting forth. They wrote, quote, to date the Data Monitoring
We try to live in the moment, to not miss whats right in front of us. At mutual of america, we believe taking care of tomorrow can help you make the most of today. Mutual of america financial group, Retirement Services and investments. Additional support has been provided by consumer cellular. And by and by the corporation for public broadcasting, a private corporation funded by the american people. And by contributions to your pbs station from viewers like you. Thank you. Sreenivasan good evening, and thank you for joining us. One week after being named president elect, joe biden said today that he is getting closer to naming his cabinet. The president elect and his wife jill, surrounded by secret service agents, were out for a bike ride this morning when reporters shouted questions about the president ial transition. Are you any closer to making a cabinet decision . Yes. Sreenivasan the bidens were near their Vacation Home in rehoboth beach, delaware, where they spent several days. I
Cspan, your unfiltered view of government. Created by americas Cable Television company as a Public Service and brought to you today by your television provider. Next, pennsylvania senator bob casey and pat toomey on the Election Results and what they mean for the commonwealth. They join an event hosted by the Washington Post, looking at the Trump Campaigns legal challenges and the biden transition. This runs about 45 minutes. My home state, pennsylvania. We are joined by senator pat toomey and senator bob casey in a moment. Two senators from pennsylvania. First, the headlines. Georgia is heating up. The secretary of state announced a hand recount. President biden is up in the votes. That is going to be a state that everyone in this country will have their eyes on between now and the january 5 runoff. Speaker pelosi meanwhile in the house remains in charge. Challengended off no despite democrats losing seats in the house of representatives. It is a testament to her power. Its also a si
To make tackling the pandemic is very First Priority when he hits office. Tonight we now know that former fda commissioner David Kessler and former u. S. Surgeon general doctor vivek murthy will lead that team kessler who once served as the head of the u. S. C f medical school from 2003 to 2007. Today the biden team also unveiling its official transition website. Build back better dot com and lays out the executive actions that president elect biden is set to take on day one of his term many of them aimed at reversing many of President Trumps policies. Oakland native and Vice President elect Kamala Harris is now set to become the most powerful woman in washington. But question of what a biden presidency presidency will mean for the bay area. Kron fours dan thorn talked with some congressional leaders from the bay area about what theyre hoping to see with this new administration, yeah well one of the good things is having somebody like Kamala Harris is from the bay area. Having the ear