1. 4 hang seng was up, and the kospi up in europe, things are relatively flat. Dax is down. And the cac is weaker. Crude oil prices on a tear this morning it is up again with wti trading. Can i say hello to everybody. We havent been all together awhile, kind of nice comfortable pair of loafers im wearing sneakers today. Theyre more comfortable than loafers. I dont feel like you have to do much to look better i can come in. Sneakers and no socks this is like sweatpants, when seinfeld wears sweatpants, youve given up. Let get you to the morning headlines. Heres whats going on in Corporate News peltz fighting for a board seat at prak tore and gamble. Theyll launch a proxy battle. Hear about it within moments my expectation is hear about it coming across the sec with a filing in a moment the move would make p and g the largest to face a proxy contest. Last week they rejected the request to name mr. Pelts a board member he is one of the biggest shareholders, second biggest roughly holding 3
And yet a short time ago, the president remained unclear about if he would invoke the defense production act. This is something that would help increase the manufacturing of masks and other protective gear. Invoking the production ive done it. Ive done it. But you said ive done it. We find if we need something, we will do it. You dont know if weve invoked it, you dont know whatsen ordered. Whats not been ordered. I can only tell you, i can only tell you, as an example, masks, nobody ever heard of the number of masks thats been ordered. Theyre being made now. And many are available now. Well, whats more, the cdc is now advising Health Care Workers to ration masks, to use expired masks, even use bandanas or scarfs as the last resort. The cdc also issued a report finding 69 . So, the majority of u. S. Cases actually involve people who are younger than 65. Sources say the state department is about to issue the most severe advisory which is advising americans to not travel outside of the u.
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