Points, we were down more than that nasdaq inched up have we already bottomed thats big question i heard all weekend. I was operating that might be temporary, would revisit the march lows, perhaps even taking out that level figured retest was virtually inevitable there was just too much weakness in the system. All through here, just knew things were going very awry. Now im feeling more confident about the future i said this morning im not going to be as negative. In part because the federal government has made unprecedented moves to prop up the economy. Very good things in that 2. 2 trillion rescue package, but fdic went nuclear, adopted a malcolm x approach to keep his economy alive by any means necessary. Fed chief has unlimited firepower. Sure its great that the government is providing forgivable loans to Small Business owners to keep employees on payroll and great we expanded Unemployment Insurance to be collected by gig employees too. Now we know fed wont let every retailer with m
And lighting up sports arenas, we are talking to Companies Making stadium lights more efficient. All that and more at first headlines with carol massar. About u. S. Jobs today, data shows the economy added more than 200,000 jobs for ght month, pushing up the Unemployment Rate to 6. 2 . , cofounded by ed hyman, is the target of evercore partners. This is according to people with knowledge of the negotiation. If the deal happens, it would e biggest corne acquisition. It accuses the drugmaker of colluding with bill ackman to profit on insider trading. That is a look at some of the headlines at this hour. Back to you. Lesson 24 hours after a ceasefire declared less than 24 hours after a ceasefire was phil is withaza, me now. 90 minutes, that is how the long the ceasefire hammered out from last night actually lasted this morning before it broke through. Basically,eakthrough milwaukee mizzen going forward. We heard strong statements nooughout the day optimism going forward. We heard strong s
The confirmation vote in the senate may take place as early as next week. No one is taking thats after the surprise where the central bank confused prediction. Making a you are not sticking your neck out. Class i am not. Job creation has really picked up and that has a lot of people talking about the possibility of a taper. We talked yesterday about how retail sales were pretty good. Maybe that means things were sustainable. Let me show you something i did not show you yesterday. Step back a little bit and look at this overtime. Retail sales have not been breaking out. They are still in the same range they have been all year. You could say the same thing about job creation. It is in roughly the average range it has been all year. Anyhas not broken out of kind of range. It is hard to argue you he has made a whole lot of difference. Do you keep it going . Cut back because it is not at no big changeass in gdp and employment, the fed sits waiting for employment to really move the cook befo
Ther, we will talk to Senior Vice President of cbs interactive about the future of Digital Deals amid the era of threat. The big headline this morning, a little monopoly talk. Acquire timeeed to warner cable for 45 billion. Combining the two Cable Companies in a deal. Paying about 159 a share. The dollar shy of time warners asking price. A rare day out in the cold, but here you have it. The darth vader of cable. That is his moniker. I want to bring in alex sherman right now, and he broke this story for us and he covers comcast and Time Warner Cable for bloomberg. Talk to us about the idea of a monopoly here. Have, if they get rid of 3 million subscribers, they will have 30 market share. I feel like they will have closer to 75 of the cable universe. You got it. Question to regulators will be, how do you define the market that often . If you include directv and dish and verizon files, comcast will of all paytv subscribers. If you look at this world as just Cable Companies, comcast become
Vyapaar Jagat Convention & Awards 2021, upholds the commitment of being Indias largest digitally hosted entrepreneurial convention and award ceremony, in its second edition out doing the first. The event saw a turnout of 15000+ attendees with 2500+ delegates, fronting the convention. In keeping with the pandemic norms, the acclaimed award ceremony and conclave was