Covid19 crisis. It has brought tremendous hardship and tragedy, placing a heavy on frontline workers, straining our health care and Distribution System and imposing a deadly toll on seniors in particular. It has hit close to home for sure thatny and im all of our members want to join condolencessing our to senator elizabeth warren, who lost her 86yearold brother to the coronavirus. Elizabeth, we are very sorry for your loss. Visitor Nursing Homes has affected even those relatives who do not have virus. I know two brothers whose father is in a nursing home and has dementia. They have not able to see him for some time now and his health is failing. They are worried that he may not still be alive by the time that they are allowed to visit him, something that used to happen regularly. This virus has already claimed the lives of more than 90,000 american, the vast majority of whom were older adult. Adults 65 and older are more likely to suffer severe complications from covid19, and to have
Chair clyburn Ranking Member scalise and members, thank you for joining us today. The impact of the coronavirus on essential Frontline Workers and the steps the federal government can take to better protect these workers. The coronavirus pandemic has already killed more than 90,000 thancans, more deaths any other nation. Throughout this crisis, our nations essential workers have continued to serve their communities at Great Potential risk to themselves and their families. They are the true heroes of this crisis. I am deeply honored that several of these heroes have joined us today. These heroes treat patients who are sick with the virus and confront comfort the families of those who have lost loved ones. Callsespond to emergency and keep our communities safe. Stock our grocery and drugstore shelves. They keep our transit systems running, and they clean our hospitals and offices to protect prevent the virus from spreading further. Tens of thousands of essential workers have been infecte
Bombshell from the department of justice. New documents revealed. Fbi discussed Michael Flynn to lie and get him fired. We have more coming up. Earning season rolling on this morning. After the bell tonight attention turns to amazon and apple. Markets this morning are higher. Take a look at future, indicating a gain at start of trading this morning in about 3 and a half hours. Dow industrials on track for best month since january, meanwhile major averages yesterday snapped 3month losing streak, best month since 1974. Shares of facebook are soaring, ad sales stabilizing, take a look at facebook shares. Eighteen dollars a share. Up nine and a third percent, 212 and change. Mornings with maria is live right now. Maria markets are higher this morning. You saw futures on wall street. In europe we are looking at markets searching for direction a bit. Ftse 100 is down but the cac quarante is up 17 and dax index higher by 24. Pandemic taking toll on euro zone economy. Contracting 3. 8 . The ec
What some of the states are doing, they can open, but its very difficult some of the rules of some of the states are hard core when you look at them, you think ppp versus, geez, those are the rules . Took some ppp before were seeing it . I think its not going to be nearly as easy as people think i do wonder if our show were located in austin if we wouldnt be saying those crazy new yorkers, but we live here. We live in new jersey. I think that its going to be a little bit more difficult for a company to stay in business unless they have great Balance Sheets, and are able to ride the waves. Look at norwegian cruise its a city on a a foreignflagged city on the ocean. I see situations like that, im like be careful. Its not all roses when youre opening. Right additional headlines this morning about pending layoffs, reportedly pending layoffs for the airlines in october. Bankruptcy news, whether its hertz or a few other companies now. The markets looking past a lot of that. I think the marke
Orders thats weighing on the dow nasdaq about 4 itself today s p up about 3 , sara. Weve got big news coming up on todays show. Wells fargo ceo joins us to break down the Small Business loans and impact of pandemic on the bank then later, well speak exclusively with the ceo of Carnival Cruise lines as a they take a huge hit. Carnival shares down about 75 this year. Well have the ceo if and when the industry can get back on its feet with 59 minutes left of trading, lets focus in on the big stories. Wilfred has the news on the Bank Earnings meg with the treatments and vaccines and Steve Liesman wi k34e7b9s from two fed officials. Gl they had opened hirer this morning, jpmorgan and wells fargo. Provisions for potentially bad loans spiked 8. 3 billion for jpmorgan, 3. 8 billion for wells fargo. Even that was not the worst case the ceo said could be higher over the next several quarters relative to what we took in the First Quarter while Charlie Schaffer said it wouldnt surprise me to conti