Up on the day by 2 after two days of heavy losses in the tech world. As a matter of fact, lets take a moment here at the start, look at apple, look at amazon, look at microsoft, all those stocks had big days. Amazon the better of the bunch up 3. 4 . There you go that is the close on wall street, a bit of a mixed picture. A big reunder for tech. Im connell mcshane. I am is time for news after the bell. Hillary vaughn in wilmington, delaware. Covering president elects transition team, gerri willis has another report today on what a Biden Administration for your money. So all of that coming up. Well start there on the north lawn, blake, with you, what is the latest from 1600 pennsylvania today . Reporter eight days since election day, connell, the Trump Campaign is up and running, continuing to file lawsuits. The latest lawsuit filed by the President Campaign in michigan. The campaign touting somewhat, at least potentially a little bit of good news for them in the state of georgia as the
We try to take a little bit of the california ingenuity and innovative spirit we are well known for and we reached out to perkin elmer, and we reached out to a number of other partners to develop a strategy. The governor said the lab has already created 300 new jobs with 400 more expected in the spring. To the south bay, a San Jose Church that says it will continue holding large Indoor Services in defiance of Public Health orders ring the covid19 outbreak, now the county is taking the church to court. Henry lee is here with more on this standoff. Reporter for months, Calvary Chapel in san jose have been holding in their services for as many as 600 people each week, despite a ban on gatherings because of the coronavirus. On friday, Church Leaders say nothing will change, even in the face of a 350,000 fine by Santa Clara County, which is now taking them to court. The pastor says he knows coronavirus is still active, but he is worried about a Mental Health pandemic. People are hurting, pe
Cool off so yeah. We are lucky. Reporter and all, about 41,000 customers were impacted in parts of 24 counties with peak wind gust one state reaching 65 miles an hour but now that weather clear has been given an pg e is systematically bring that power back on. Places like alameda and santa cruz counties are 100 restored, Sonoma County bite midafternoon was more than halfway there. Basically you have it in sectors, and alignment, cruise basically going and my ends along those lines to make sure there is not any damage and that we have helicopters, eyes in the sky, also doing this on the line. Still on the winds have abated, the heat has not yet been it is hot, it makes it hard to be outside, especially with the kids. Has left residents and Business Owners looking for shade at their whiskey bar and grill, they have got a spot ready for those looking to leave their homes and have a cool drink. Still it is hard on staff. Reporter people keeping on during it, make sure the are taking care o
I will tell you about some of the stocks benefiting from all of this. Well revisit iposs that were launched in great fanfare last week. How they are holding up today. Well be monitoring what make as bear Market Correction as you know. Many market averages themselves are at or close to corrections from highs. Some of them reached a little more than a few weeks ago. So as stuart was pointing out some perspective is in order here. A lot of this has to do with, well a lot of things. Not only renewed spike in cases were seeing in the likes of the United Kingdom and france. In fact the uk theyre revisiting another possibility of another lockdown. That is what is going on in israel, they are in their second lockdown and theyre not very happy about it. Then we have cases here. Four states in the United States that have 15,000 or more deaths recorded. California joining the likes of new york and new jersey and texas. So were monitoring that. But the numbers here are actually stablizing even as
Record territory. A lot of good stuff in the markets. Well talk more about it. Fox Business Team coverage. Blake burman, Hillary Vaughn reporting from washington. All the talk about what the next stimulus looks like. Blake we start with you. Reporter connell, very public signal from President Trump and his administration, the next steps of negotiation will start to take place today, as we saw the president in the oval office on one side of him. The Vice President and the treasury secretary on the other side of him republican leadership. We heard the president say again he want as payroll tax cut. We heard Mitch Mcconnell say once again he wants Liability Protection for businesses. We heard the treasury secretary spell out other items on their wishlist. Well have tax credits that incentivize businesses to bring people back to work. Well have tax credits for pp e. For safe Work Environment and well have big incentives, money to the states, for education, for schools that can open safely.