And a difficult decision to make about her health care insurance. All that and more on nightly Business Report. Good evening, everyone, attention walmart shoppers. There is a big Management Change at the Worlds Largest retailer. Walmarts ceo, mike duke, will step down in november, replacing him, Doug Mcmillon, currently the head of the chains national division, he will be only the fifth executive at the Company Since the company was founded by sam walton. It looks like investors approved of the changes, walmart shares rose, even touching alltime high before settling at nearly 80, a 1 higher, as many prepare to meet the new boss many wonder what changes will be in store with the new ceo. Courtney reagan has more. Reporter mike duke will retire after five years of walmarts ceo and 18 years with the company. During his time at the helm, duke has dealt with slow sales amid the recession, in addition to slow sales and benefits. Walmart shares have gained 66 during dukes tenure as ceo. While
Particular request . I take issue with the premise of the question. We moved as soon as we received a request from the government of the philippines. This has been a tragically developing situation, obviously. It, we mistake about moved as quickly as we could in the wake of the terrible storm. Why not send the amphibious ships . We are not ruling out any capability. Nearest is in japan right now. I am not ruling out the possibility that they could be moved to the philippines. Have a significant array of assets to bring to bear, to assist. That is what we will continue to do. General kennedy says the amphibious ships have the andity to deploy vehicles small boats to help with search and to move supplies over to grief stricken areas. If he says he needs that capability, why are you not sending it . We are working very hard to give general kennedy what ever he needs to support relief efforts in the philippines in consultation with the department of state and the Philippine Government. We
Saved kur consumers a lot of money. The other thing when we go to save rules or law in financial area to protect consumers were met with criticism its going to dry up access to credit. Nobody will lend if they have to protect consumers, like its a horrible, unmentionable, impossible to understand objective. In this case, what we were able to determine was that the access to credit issues were limited. To the extent there was constriction in access to credit parcelled out in the crisis which caused restrictions on access to credit, they were in terms of product lines utilized by consumers, theres still plenty of unused product line. It was cut back in that regard. Some intended by the act. There were a lot of concerns about College Students going off to college, leaving home, having credit cards actively marketed to them and getting into credit where they had no apparent income to repay. I remember when i was treasurer in ohio hearing a lot of heartburn about that. That was intended eff
Chinese people are looking at that too. That has to do with the rule of law. I believe talked about it. We want everybody to observe the rule of law. Experience of the last two decades has shown that ability to observe the rule of law, in many aspects, including the wto, the manipulation of currency, the protection of its own markets, and many other problems. Communismfferent than and democracy. I am asking you which must . All of you. How to move forward so that china can observe the rule of law so we can develop a better trust and have a more stable and peaceful regional and global development, especially in the south East China Sea maam, this is a lot of questions. Just one, rule of law. Will become ana democracy. That reminds me of a book, at the end of the cold war. Basically what was said is liberty and democracy prevails with the collapse of the former soviet union. What we saw today was so Many Political chaos in young democracies like thailand, and theukraine, egypt, sovereign
Of lockdown more shops will reopen and children will begin returning to school. And tributes to Florian Schneider founder member of kraftwerk and electro pioneer. Hello and welcome to audiences in the uk and around the world. Were covering all the latest coronavirus developments here in britain and globally. We start in the states. A day after suggesting that his Coronavirus Task forces days were numbered, us President Donald Trump says the white house unit is worth keeping after all. As the nation battles a crisis that he says is worse than 9 11 and pearl harbor, the change in plans comes as more and more states open up despite evidence that the outbreak is nowhere near controlled. The us is by far the worst hit country with now more than 1. 2 million cases and more than 70,000 people have died. The bbcs nada tawfik has more. As the coronavirus drastically and quickly altered american life, the white houses task force sought to offer guidance on the way forward. So when the Vice Presi