Away with blaming this on the coronavirus when we know that the entire bail reform was changed he basically whats taken the largest city in america, and now were challenging chicago as a killing field. Its a tragedy. The man is a disgrace. Maria crime is surging in our largest city. New york city saw a a violent fourth of july weekend, 44 shootings, don. I saw weekend statistics, i thought i was looking at one of the Second Quarter statistics. I couldnt believe the damage of one weekend of activity. Maria should states and cities be reaching out to the federal government for help in terms of these spikes in crimes . Absolutely. And the president s been very clear about that, that localities and states, if they need assistance, then they should certainly call on the federal government. Maria broadly speaking, whether its china or tech or sectors, tell me where you want to allocate capital today. I think its time to start adding a little more defense to the portfolio now that weve alread
Away with blaming this on the coronavirus when we know that the entire bail reform was changed he basically whats taken the largest city in america, and now were challenging chicago as a killing field. Its a tragedy. The man is a disgrace. Maria crime is surging in our largest city. New york city saw a a violent fourth of july weekend, 44 shootings, don. I saw weekend statistics, i thought i was looking at one of the Second Quarter statistics. I couldnt believe the damage of one weekend of activity. Maria should states and cities be reaching out to the federal government for help in terms of these spikes in crimes . Absolutely. And the president s been very clear about that, that localities and states, if they need assistance, then they should certainly call on the federal government. Maria broadly speaking, whether its china or tech or sectors, tell me where you want to allocate capital today. I think its time to start adding a little more defense to the portfolio now that weve alread
The tech giants in the us are dominating the business agenda today. Jeff bezos is stepping down as amazons Chief Executive. The Online Retail giants founder will move to become the compa ny s executive chairman. He will be replaced as ceo by andy jassy, the current boss of amazons Cloud Computing business. And this comes as the firm reported 386 billion in sales in 2020, thats up 38 on the year before. Their profits almost doubled, rising to 21. 3 billion. So whats been the reaction to the news bezos is stepping to the side, and what do we know about the new boss . Duncan howe is e commerce strategist at cheil uk, which is a Digital Marketing and advertising agency. Duncan, welcome to the programme. Executive chair man still means he will have a lot of control and very much involved in and is on, but it is the day to day responsibility. What do you think about this move . I responsibility. What do you think about this move . I think it is a bit of think about this move . I think it is
Employees. Bank of america and Morgan Stanley among big banks reporting. Dow component Johnson Johnson right here. Futures in the red. We are standing by for retail sales and jobless claims this morning at 8 30 a. M. Eastern. Stocks edging higher, Investor Sentiment over covid19 vaccine pushing markets into the green. The dow industrials up 227 points, nasdaq up 62 and s p up 29. The state of travel today airlines in the midst of a sharp downturn as pandemic fears keep travelers grounded at 7 30 a. M. Eastern ill be joined by ceo of delta edward bastian. Plus this, drink up, how moderate Alcohol Consumption can protect against cognitive decline. Mornings with maria is live right now. Maria european markets on the decline. Standing by for the ecb decision for the next hour, rates are expected to stay unchanged. Ftse 100 is down 36 points, new data this morning from the uk shows half a million workers were furloughed in the month of may. Thats in response to the pandemic shutdown. This m
Peter navarro last week on this program on what to expect. The phase four, when you talk about a 3 trillion program by nancy pelosi, you hear from Mitch Mcconnell only 1 trillion, the president is very interested in something on the order of at least 2 trillion with the bulk of that focused on bringing home our Manufacturing Base starting with pharmaceuticals and medical supplies and equipment. Maria and joining us to talk more about what a phase four stimulus plan might look like as well as a timetable, white house Senior Adviser kevin hassett. Kevin, its great to see you, thanks so much for joining us. Great to be here. Maria i know youve done a lot in the way of stimulus, throwing a lot of money at this economy. Assess where we are right now. We saw some very good retail Sales Numbers this week, we saw good jobs numbers last week. Has the recovery begun . Yeah, absolutely, the recovery has begun. I think that, you know, pretty much were looking for an acceleration over the summer if