One of the great men of American Business will join us following the nfl teams first time back oen field without fans but players bringing attention to social justice around the country. Power lunch starts right now guess were together but separate, once again welcome to power lunch. Billions of dollars of deals on wall street today. For 20 billion, gilead adding to its cancer fighting portfolio. Its basically doubled next up for 40 billion, the biggest chip deal ever, nvidia buying arm holdings which designs chips. Up 8 and finally not quite a deal yet oracle betting to be Technical Partner in the u. S. September 20th deadline. Oracle shares up 5 on the news. Well have all of this back over to you all those big deals on wall street helping the comeback rally in stocks. After two down weeks in a row. We havent seen that in a long time jim paulson joins us now is your time to buy the dip. Welcome. Good to see you. You see the marriage between wall street and main street looks as strong
Calls for more stimulus, treasury secretary Steven Mnuchin, package could pass in july. Take a look at futures. Pointing to selloff at the start of trading. Dow futures down almost 300 points and nasdaq down 55 and s p down 28, this after markets end yesterday in the that is, the nasdaq shattering another record high closing at new fresh alltime high on the nasdaq, up to 10,131. Police reform in focus as protests go on. Senate republicans are voting today and moving forward on reforms but facing pushback from democrats. Technology giants speaking out against the temporary ban on h1b visas saying it could move manufacture jobs overseas. Baseball players reporting back to Training Camp july 1. Mornings with maria is live right now. In europe this morning red across the board. The u. S. Reportedly looking to impose new tariffs on goods from the eu and the uk to the tune of 3. 1 billion. This as European Union opening borders but may ban american travelers. Take a look at european indices.
Take a look, dow futures down about 78 points, nasdaq down 4, s p lower by 7 points. Yesterday markets tumbled as vi to investor concerns the International Monetary fundscutd previously predicted 3 contraction. Case against Michael Flynn dismissed. Lawyers releasing notes showing that during the transition then president obama, then joe biden weighed in on the flynn case revealing a very different story from former fbi director james comey. Flynns Attorney Sidney Powell is here, joining me live at 8 00 a. M. Eastern on this case and what is being revealed. You dont want to miss it. Senate Republicans Police reform blocked by democrats, senator tim scott ripping democrats yesterday accusing them of trying to delay the bill until after the election. A rival democratic bill expected to hit the house today. Mornings with maria is live right now. Global markets this morning, erasing early losses as coronavirus restrictions ease. Take a look at where we stand. In europe mixed story. Ftse 100
Announce his decision about the Iran Nuclear Deal. We begin in open phones. Let us know your thoughts on any of the Public Policy issues. 202 ican callin at 7848001. Democrats 202 7488000. Independence 202 7488002. You can also catch us on social media. Good right a morning to you. Our lead story this morning involves puerto rico, the Iran Nuclear Deal, and headline. We have frontpage stories. On the Iran Nuclear Deal, President Trump will announce his policy toward a iran. P. M. T is happening at 1245 the president is acted to address the value voters summit. 10 30s happening around a. M. The president is acted to have his address. The big news out of the lighthouse was the health care front and politico broke the story. The posted the story about subsidies any plan changes. Is going to cut off subsidy payments in his most aggressive move yet to undermine the Health Care Law or it law. 7 subsidies are worth billion this year. They are paid out in monthly installments. They may stop im
Agreement. Of course there has to be agreement. Of course there has to be a Data Protection agreement and as he knows we plan to publish more and more of this data as open data. We will continue the work to control the virus and we will continue to bring in measures as they are appropriate and i look forward to a return to the spirit of constructive engagement for which the honourable gentleman is so well known. Jeremy hunt. Can i congratulate the Health Secretary for the impressive resilience he has shown through the Coronavirus Crisis but as we both know is that the joy of his job is that windsor is always around the corner and one of the sobering statistics in the mornings report is that the number of people every day overwinter is that the number of people every day over winter who have covid symptoms will increase from 100,000 to 360,000 and it is obviously vital to 360,000 and it is obviously vital to know which one of them have coronavirus and which just has a regular winter flu