The dow is looking for about a 300 point gain right there at the opening bell. S p up about 34. Look at that nasdaq go. Technology is doing well, up 104 points. Thats premarket for the nasdaq. Now, lockdown winners. Clearly emerging. Lowes, the Home Improvement people, headquartered in North Carolina. Profit up 28 . We stocked up for the lockdown. Target, they really organized their online delivery and store pickup operation, lumped together under digital sales, up a whopping 141 . Walmart, same story. Stockpiling helped them, too. Amazon, kings of the online selling business. Boy, did they clean up. The stock is near a record high. And the netflix, well, they are the kings of the streaming business. What else are we supposed to do when we are ordered to stay home for weeks on end . There are a lot more virus winners and we will go through them throughout the show. Meanwhile, the revolt continues all across the country. Businesses are defying the authorities and opening up despite the
At the Meat Processing plants and meat suppliers at the moment. Chicken and pork as well. These producers are losing a lot of steam here in this final hour of trade. Sanderson farms down 4. 6 . Tyson down 3 . You can see the rest here. The administration in the last hour did pledge 19 billion to support the nations ranchers and agricultural producers. 16 billion of the 19 billion will be in the form of direct payments but as we wait for the Cabinet Meeting to begin, let us bring in the ceo of restaurant brands, the parent of burger king, popeyes chicken, tim horton. Let me just apologize in advance because we will hop to the president as soon as he begins that Cabinet Meeting, jose, but you are live at one of your burger kings in miami, florida. Thank you for joining us. Your restaurants which number some 10,000, you guys sell a lot of meat and chicken. Give us your reaction to the news that 19 billion will go to the ranchers and agricultural farmers there, but not exactly to that midd
From the billionaire buyer about his 240 restaurants that are back in business open once again. Hell join us later. First, over to you as we mentioned, fed chair Jerome Powell testifying on the cares act today. Lets bring in steve for more. Steve. Thanks very much, kelly the treasury secretary and the fed chairman defending the programs that are out there. The critical questions being how soon will this money be delivered. Is it going to the right people and is it enough of it out there . Poul w powell was asked about the question and here is his response regarding maybe more needs to be done this is the biggest response by congress ever and the biggest from us and this is the biggest shot we have seen in living memory and the question looms in the air of is it enough. He seems to suggest that more may need to be done. Congress wanted to know where is the money they appropriated and the fed is yet to launch several programs here is graphic that may help you understand where this money
In congress and at the white house on the issue of vaping and underage use of ecigarettes. We are joined by andrew, who covers health care for cq roll call. Tell us why underage vaping became a bigger issue in 2019. Andrew i think it was a combination of factors that really drove this to the front of the policy debate this year. One was just a year over year increases in the number of teens who are reporting ecigarette use. Thats been increasing for several years, but 2019, we saw another significant increase over last year. Another was interrelated, but sort of distinct issue that we saw, starting over the summer with vaping related illnesses that were beginning to emerge, that weve now seen thousands injured and dozens dead from this. Thats related to illicit thc vaping, which is distinct from the problem of ecigarette use. But the urgency of those illnesses i think really prompted policymakers to want to respond more broadly to the vaping issues were dealing with in the u. S. Host a
Yang finally gets to speak, the grammy nominations are out and black thanksgiving. Lets too much up on todays headlines. Letskick it off with 2020, a year with so many exciting excited to watch and, no, im not talking about the election, im talking about the the grammys. Nonominations for 2020 Grammy Awards are out. New class in town. Lizzo leads the way with eight nominations including album, song and record of the year. Shes also up for best new artist. 17yearold Billie Eilish is behind with six nominations. Lil nas x with the blockbuster hit of old town road also picked up six grammy nominations. Trevor wow, old town road got nominated for six grammys thats really surprising, not that it got nominated but that it came out this year. Ism like we have been listening to that song for a decade now. I swear ive had that song on my ipad and its been out that long. I swear when the song came out it was just called town road. laughter its weird to me how long between when a song comes out a