Many understand its not in the same of safety but just weeks after a major fire, the timing wouldnt be worse. Im stocked up on batteries, flashlights, lanterns. Reporter she has what she needs. Im here to service the community. Reporter shes assistant manager at Outdoor Supply hardware with a possible safety power shutoff hours away, most of the portable generators have sold out. This could easily do a refrigerator, couple lights, tv. Reporter john was buying extra flashlight batteries and hes not happy about it. As a general sense of disappointment to pg e. I think one place seems to be under control and another comes in after that. I dont like it. Reporter the utility says it has to cut power to thousands of bay area customers due to hot, dry windy conditions or risk parking a fire from an active power line. At the end of the day we have to stand by the side of safety and if its necessary, we have to do this to prevent healthcare reforms emergencies from occurring. Reporter nancy jus
As a result, you have the two sides stuck. There is broad agreement to that something more has to be done to address the challenges created by covid19 and the covid19 related shutdown. The other issue discussed is we are headed for a Government Shutdown if we do not get government funding within the next two weeks by september 30, we are headed for a Government Shutdown in the middle of the election, in the middle of a pandemic. Not only is there the question of how we stimulate the economy, there is the question of how we keep the government open. David taking the immediate thing, we have heard from Speaker Pelosi as well as secretary mnuchin they think they have some sort of a deal whether it is written down or not. They think they will have something clean, is that a big problem . Lanhee they do apparently have an agreement. He challenges what clean means republicans view a clean extension of existing government funding is just that, a clean extension without any provision stuck on
Citigroup names james frazer Ceo Jane Fraser ceo, making her the first woman to run a wall street bank. Good morning. A massive milestone on wall street. The first female to run a major wall street bank. Is this a High Water Mark . It is a crack in the glass ceiling. We have a lot to cover this morning. Covid cases are kicking up, brexit drama, and, of course, no stimulus bill yet. Nasdaq yesterday closing down 2 , a crack in the tech rebound. Futures are up. 01 this morning. Here are your stoxx 50 futures in europe, showing a slower start. Down nearly 0. 3 . In the eurodollar, 1. 18. What lagarde said about the euro, not too worried, she seemed. Joining us now is janet mui, investment director at Brewin Dolphin. Good morning to you. I want to start with what is going on with the tech rebound we are seeing. I was looking at the bullinger, and you can see the nasdaq unable to get rid of that breakout of the midrange. Is this a signal of more erosion or will stocks start to trade sideway
And seafood suppliers are forced to look for new ways to get their catch on to peoples plates and in other news a rare trial in the democratic republic of congo the president s chief of staff is accused of corruption. Thank you very much for joining as we begin with another gray milestone in the global coronavirus pandemic the death toll from go over 1000 in the United States has now surpassed 80000 the u. S. Is by far the worst hit country in the world but President Donald Trump says america is on track to defeat the virus speaking at the white house only a tram said his administration had now approved a 1000000000. 00 to boost coronavirus testing capabilities. This afternoon i am announcing that my administration has been and it weve got this all approved its all done is sending 1000000000 dollars to americas states territories and so this is all been approved weve gotten it done completed the money is going out this major investment will ensure that america continues to conduct more
Oldest person and her battle with corona virus. Welcome to the Program President donald trump says the u. S. Is on track to defeat coronavirus even as it clocks up another grim figure more than 80000. 00 people have now died from cave at 19 in the worst affected country in the world alan fischer has more from washington d. C. With 2 white house staff testing positive for corona virus with senior members of his task force self isolating the president put on a bill is displayed in the rose garden of the white house we have met the moment and we have prevailed americans do whatever it takes to find solutions pioneer breakthroughs and harness the energies we need to achieve a total victory we will defeat this horrible enemy we will revive our economy and we will transition into great this. Thats a phrase youre going to hear a lot because thats whats going to happen asked if he was declaring Mission Accomplished the president clarified he was talking about testing claiming the u. S. Had no