This Bright Future we must hold accountable the nation which unleashed this plague onto the world china. For more on whats going on in this tit for tat between the worlds 2 largest economies we want to bring in bill must cohost christiane i and author of understanding socialism and host of economic update professor Richard Wolffe professor as relations between the u. S. And china theyre continuing to deteriorate is a cold tech war really an unavoidable at this point and if so how is this going to end. Well i think its avoidable i think what youre seeing is mostly posturing by mr drum for domestic electoral votes. Theyre seen china seems to be is are a year of what will gain games from congo or. It is crazy short there is really nothing else like him to blame china for this bill you know the United States to be prepared for a virus or to be able to contain it United States is forming a risk in the world people and 25 percent of the worlds koroma cases and the rona debt other countries h
And how they are working with diversity and how they are changing the company with what that means. Seasons season is officially underway. Scarlet fu is here with some of the highlights. Scarlet i wanted to start big picture, as with banking and other parts of the economy, the stronger getting stronger and the weak are getting weaker. Citi leaning on their trading business. You can see that jp morgans revenue soared thanks to training. Record revenue for a second straight quarter, and equity rising more than 30 . At citi we saw trading surging 68 and with companies trying to raise cash as quickly as possible, investing got a boost as well. Wells fargo does not have the same wall street operation. If you look at wells, reported a loss 2. 4 billion. The first quarterly loss since 2008. Nine and a aside half billion dollars for credit losses. See jp morgan putting aside 10. 5 million. That is the biggest loan loss provision in its history, and it shows us how covid19 affected the economy
He was at his desk when the crash happened. He will walk us through harvesting evacuated 2,000 employees during the harrowing a deal. Plus, a new and sizable stumbling block thrown at the tmobile sprint deal in just the past hour. 10 state attorney generals suit to stop it. The deal might now have sprint spin off its mobile subsidiary, booze. Wouldnt it be great to hear from the guy who founded boost. Reporter hes here with a box of business exclusive to talk about the tangle tie up. Paypal mafia member is here in a fox business exclusive on the tech crackdown by the u. S. Government in Silicon Valley. On wall street the dow shooting for lucky number seven, seven days a winning streak still in the cards in the final hour of what had been a choppy session . You only know if you stay with me. Were less than an hour to the closing bell and lets start the countdown. Liz we begin with breaking news. House Judiciary Committee right now is the hearing underway investigating the market dominan
Propalestinian protesters from the campus of Columbia University in new york. Dozens were arrested after Ivy League School decided it was finally time to call in the reinforcements. Hello, im jonathan hunt, live in los angeles with continuing coverage of the campus. Chaos across country. The situation at columbia escalated about 24 hours ago when the protesters broke into historic Hamilton Hall building. And just a few hours, officers in riot gear entered that building and swiftly made arrests. Columbia university has, of course, been the epicenter for propalestinian protests that have now spread to campuses around the country. Hundreds of students have been arrested nationwide and upcoming commencements are in danger being canceled. Lets get straight to fox news Correspondent Richardson for the latest on how it all unfolded at columbia. Good evening, rick. Good evening, jonathan. Columbia university is given the all clear after School Officials told students to shelter in this past ev
To the ranks of the uninsured. But its hard to know for sure because g. O. P. Leaders who want to vote tomorrow are still crafting the plan. The skinny bill doesnt work for any state. Reporter late this afternoon, three key republicans slammed the slimmed down bill. Not only do we not replace obamacare, we politically own the collapse of health care. Reporter still, g. O. P. Leaders see this as their best shot to pass something that they could then try to meld with the bill House Republicans passed in may. Skeptical g. O. P. Moderates, like alaskas lisa murkowski, are getting the hard sell. I did have a conversation with the with the secretary. Reporter interior secretary ryan zinke warned her that a no vote could jeopardize funding for other alaska projects. Did he threaten you . You know, i dont think its appropriate to to use thank you to use words like that. I think the the reality is it was a difficult conversation. Reporter amid all that drama, the senate did come together this e