Out. The billionaire Tilman Fertitta will be here power lunch starts right now the dow making major moves to keep up with the changing times and the changing economy bob is looking at the moves and how they will affect the markets. Bob a bit of a shake up in the dow but the moves make some sense. Let me explain why lets take it piece by piece first we have salesforce. Com replacing exxon mobile the apple split has reduced the tech weighting in the dow and we need more Technology Sales force reflect the growing importance of Software Overall in the u. S. Economy. You dont need two Oil Companies in the dow you dont need exxon and chevron with energy only 3 of the s p one of them chevron will do. Lets look at the dow industrials. Pfizer is the lowest stock price in the dow the price would be even lower. Another reason to move it away amgen is reflecting the growing importance of the biotech space. This sounds like two industrial swaps and they are theytheon overlaps a bit with boeing now,
Lufthansa looks to take off. Efrp eu regulators approve the plan bayer stock gets a boost after the german drug giant settled hundreds of claims around the weed killer roundup ending years of disputes it was a grim day on wall street losses more than 2 suggesting we will extend these losses after america recorded nearly 35,000 new covid19 cases in one day. The highest level since the number peaked in late april. California and florida both logged a record rise in daily cases. Disney has postponed the reopening of the park in california originally scheduled for july the delay comes as disney workers in florida urged local authorities to reconsider plans to open the orlando site due to a recent spike in cases. The company welcomed visitors to hong kong. Apple has shut a number of stores in texas due to the spike in the cases now temporarily closing seven houston area locations following similar moves in arizona, florida and north and South Carolina new york, new jersey, and connecticut i
Coronavirus. Obamaso sell barack we saw apple yesterday or the day before. We saw ashares selloff because vacated senate seat. It is difficult to do guidance. Fly up tol apply puma says the negative impact from coronavirus on sales will four paying customers on the be felt. Ship it uses to fly astronauts we dont have a number yet. Into space. It is a very fluid situation is it opens the way for private a lot of companies try to figure space tourism, but there is no out what it means for their price tag yet. Globalist when he four hours per supply chains and when it will quicktake. And in pick up again. We are watching individual stocks across the board. Stocks in europe being supported by the idea that the pboc and daylobal news 24 hours per officials in china will do more quicktake. On to spur the economy. 09. T crude at 58 francine russia temporarily we will speak with a deutsche banned the chinese from entry. Telekom chief executive. The who says beijings continuing efforts in hubei
C good evening. Good evening ladies and gentlemen. I am margot lurie director of programming and engagement at the museum of jewish heritage, and living memorial to the holocaust. Want to welcome you to tonights event which inaccurate or arts restoration series. As you know the as part of their project to eliminate the jewish culture and identity. On 10 occasions this museum had the honor of hosting restitution to her monies or paintings or other artifact stolen by the nazis and their collaborators have been returned to their rightful owners. [applause] thank you. Some of you were with us last year. We had the u. S. Attorneys office for the Southern District of new york here and we presented a renoir from stolen from her grandfather by the nazis. Its a very moving event and we are proud of that. We hope you join us for the next event in the series. I will be recovering nazi looted art. Two lawyers recovered stolen artwork read the two will discuss several cases and provide an overview
As a people feel that the policy issues of privacy. The commission has been in the spotlight with major cases in the Facebook Cambridge analytical and that youtube settlement and a series of hearings on competition and Consumer Protection in the 21st century with with a lot of that focus with data and privacy. We are fortunate to have with us today to commissioners, rebecca slaughter and christine wilson, both of whom have long background in Public Policy and becca slaughter is on the hill and wilson previously as chief of staff at the commission and both experienced in private law practice and other capacities so i want to jump right into it. Lets begin, if we could with an overview. You started in may of last year, christine in september so you both are about a year on and have experience in cases and hearings. How do you see the privacy we have today . What do you see as the key issues as we move forward . You are the senior commissioner on the panel [laughter] , 18 months of experi