Governor newsom two weeks ago today we laid out a road map for reopening the california economy in a phased, thoughtful approach. We put forth six indicater to indicate dwrors drive our Decision Making. Politics wont drive our Decision Making prork tests wont drive our Decision Making, political pressure wont drive our Decision Making. The science, the data, Public Health will drive our Decision Making. We set forth a week ago a deep dive on one familiar indicater around testing and tracing, track, issues of isolation and quarantine. Today i want to update you on another indicater specific to businesses, schools and child care facilities. First i want to remind all of you what the six indicaters are. Mentioned testing as one of the principal indicaters, we have made progress in that space. Not nearly where we want to go and need to be but Real Progress we are now see in the space. 578,000 tests have been conducted in the state of california. We averaging over 20,000 tests a day. And we
Especially, for antitrust. What is your take on that . Speak to one of the important factors is the california ag is not one of the 48. Only two states declined in california is one of them. It could be and i have not had the conversation with the attorney general about it but google is a google based company and if we want to look at how its doing its Business Practices is important to do it in the a thoughtful way and i know that the department of justice and the federal trade Commission Also talking about doing investigations in competitive practices with these companies. Its good to look at this and investigate it and make sure committees are behaving. Im not sure bringing companies up is a good idea and these are Big Companies with a lot of tentacles and a lot of employees and if you break the company up like that and managed to do it there will be unintended consequences. For example, what will happen to the data that these companies own how will be parsed that up and coming peop
Then, California Democratic congressman John Garamendi weighs in on President Trumps buzdget. And then we will talk to professor catherine moon about the olympics and north korea. Host both the house and the senate will convene at 10 00 today. They will be dealing with the topic of immigration on the house side, Republican Leaders will take the polls of their party to see if a bill sponsored by Bob Goodlatte of virginia could pass, thereby offering the chance to keep the daca program from expiring. The senate is attempting to vote on an immigration bill this week that meets the president priorities, including funding for a border wall. A skinny version of Immigration Reform, which scaled back from the president s preferred immigration principle, is a contender to win 60 votes, but that is not even certain. With the senate actively working on an immigration bill, we want to get your thoughts on how they should proceed. Should they give the president what he wants when it comes to fundin
Meanwhile President Trump is on the final leg of his historic asia trip, now in the philippines, talking trade but coming under fire from the left over comments he made about Vladmir Putin. More republican lawmakers speaking out against roy moore this afternoon as another woman alleges that she was assaulted by him, when she was a minor. Among our guests this hour, congressman tom garrett, from the House Freedom caucus. Harvard economics professor, my professor, marty feldstein. Byron york, Michael Goodwin, dilbert creator scott adams. Wow. David dow climbing despite the big drag from general electric. That stock ending the day down more than 8 . Lets go straight to lori rothman on floor of the nyse. Lets go to what happened. Ge, gee whiz. Announcing a Restructuring Plan and slashing the dividend by half. Slashed the dividend by 50 , hasnt done that since the financial crisis. Ges stock viewing link 35 yeartodate today. It was off another 7 . Wall street not thrilled with ges plans to
To intervene with his country right now and that seems to have taken the wind out of the sails. The dow was up 125 points at its peak today, and now up just 27, and the nasdaq has turned negative. The s p 500 in danger of reversing as well. Well keep an eye on that closely. Yesterday we put in the new closing high for the s p 500 at 1848. Today it looks that could be called into question. Of course, the nasdaq, and this, bill, will be the question, was losing some steam even before this round biotech was pulling back. All of that well get into. If 2013 was the year of the activist investor, is 2014 the year theyre overplaying their hand . Theres been pushback against the likes of carl icahn and nelson peltz. Sometimes even blistering public criticism. Now a battle with Darden Restaurants. We will have a special report coming up. Its very, very intriguing. Then a new report that shows employees of the s. E. C. , the securities and exchange commission, you know, the regulator of the stoc