Back. Buoyed, they still think they can cobble together a stimulus deal and theyre getting a little closer. Theyre about i think latest indication about 600 billion apart. Democrats coming down to 2. 2 trillion. Such a steal. Such a buy. Republicans have been whispering about 1 1 2 to 1. 6 trillion, who knows. That that is a development few saw coming. Were 24 hours away from the big debate tomorrow. So that could obviously test these markets. So far not too flummoxed about president s taxes. Well see as we get on here. But that tax report we want to lead off front and center ahead of the big coverage planned from tomorrow night. How much the New York Times report, 5000 word plus investigation that goes into the president s taxes over the last couple of decades. The signature of both days developments is that, for a lot of those years he didnt pay any taxes and for at least the latest two years, these do not include the 2018 and 2019 years, he paid 750dollars each for each year. Consid
Brussels summit in after concerns grow. Leaders are there to discuss china and belarus. The Fourth Quarter starts with a after its worst ever outage. It says a hardware breakdown is to blame. Good morning, everybody. Some breaking news coming through at the 7 00 hour. Lets go to the closing space and h m. We had these numbers in the middle of september. Pretax profit numbers from the business. Further detail here. 48. 9 . Liquidity remains good according to the Closing Company and they say september sales decreased by 5 in local currency. Many stores have local restrictions limiting opening hours. They currently have 166 stores that are still closed. Given the global stretch of the business, perhaps that is something of an achievement. That is the latest from h m. Get to rollsroyce. We have some breaking news coming through. Proposing a recapitalization to start with a bond offering. One billion pounds bond offering. Be 200 pounds. Ll proceeds. Raise growth they are getting support fro
Charles it is the Great American comeback. On november 26th, 2018 General Motors announced the closing of its lordstown, ohio, plant. A devastating blow to hardworking americans right before christmas. Politicians promised to step up but there was skepticism. Not anymore. Lordstown motors is showcasing the 2021 endurance electric pickup truck to President Trump at the white house. The company is reporting 40,000 preorders for the new truck so far, it is working towards becoming a publiclytraded company, making this story even greater, the truck produced in that old lordstown plant that gm closed down, something that did not escape the president. President trump the area was devastated when General Motors moved out and then we worked together and we made the deal on the plant but beyond the plant, i mean its incredible what happened to the area. Its booming now. It is absolutely booming and really great. You also have room for expansion in that plant. Oh, yeah. Well come out with multip
Been configured to maintain 6 foot distances between senators, witnesses and other individuals in the room necessary to operate the hearing, which we have kept to a minimum. For those joining remotely, a few Video Conferencing reminders. Once you start speaking, there will be a slight delay before you are displayed on the screen. To minimize background noise, please click the mute button until you ask questions. If there is a technology issue, we will move to the next senator until its resolved. Again, remind all senators and our witnesses that the fiveminute clock applies. Those of you remote should have a clock on the screen showing how much time is remaining. Well try to give you a gavel reminder when your time is almost expired. To simplify the speaking order process, senator brown and i have agreed to go by seniority for this hoogerheide. With that we welcome our witness steven t. Mnuchin, secretary to department of treasury an honorable jerome powell, board of governors of the Fe
The nasdaq gaining 1. 7 . There could be a big threat bubbling underneath this market. President trump and chinese president xi jinping both dialing up the rhetoric today at the u. N. General assembly. Reporter President Trump has often used his annual speeches at the u. N. General assembly to challenge his adversaries, whether its the Nuclear Regimes in iran and north korea or for the second year running china, which he took direct aim at in his speech this year that was prerecorded despite consummating a trade deal with china in january. At this years virtual diplomatic gathering, the speeches were prerecorded and shorter than usual, but President Trump pulled no punches against china, which he accused of letting citizens leave the country and infect others and accused it of withholding information about the virus. The Chinese Government and the world health organization, which is virtually controlled by china falsely declared that there was no evidence of humantohuman transmission.