Activist investor nelson pelts disclosed his firm, what that thens for the stock, and a rough week for banks. Reports of suspicious transactions and backlash against wells fargo ceo, but there could be some positive factors ahead. My colleagues, ben levisohn, carlton english. Ben, im going to start with you. Weve been chatting this week about the market, and you kept on saying stocks are behaving in a weird way. Whats so unusual in. The week started pretty badly, fears about covid resurgence in europe that really knocked the market down. It built with the questions about economic stimulus and the likelihood that we wont get any, fears about the economy, about the election. And the market kept dropping, and it really looked like good news wasnt going to matter much. Nikes earnings were great, it didnt help the overall market. Darden, which owns the olive garden, it reinstated its dividend, this is a restaurant stock. But, again, that didnt have any big effect on the market. And even whe
S p up 42 at 4 00 oclock on wall street. Getting tough on china, acceptable or the tom cotton is here, introducing a bill to revoke chinas nation status and whether tiktok and oracle will keep your data safe. Ken cuccinelli on actions to block chinese products made with forced labor. Wild fires raging on the west coast as the gulf coast is feeling the power of Hurricane Sally, we have the latest on the deadly threats. One soda company has a new drink that could help you sleep. Mornings with maria is live right now. Maria lets check european markets, rising from may to july, cac quarante is up 20 and dax index in germany higher by almost 40 points right now. In asia markets mostly higher signs of make recovery in china. Up half of 1 in the month of august. Months are released by the communist party as we always like to remind people, shanghai up half percent. Some of the top stories that we are watching this morning. President trump headed to philadelphia this morning after pushing the
White House Press Secretary Kayleigh Mcenany the getting criticized for calling out cnn. Cnn in the luxury of their white tower, not in my backyard studios are complaining word choices used to cover and talk about riots when innocent lives and billions of dollars of property are being destroyed in riots. Including businesses owned by minorities. This story, congressman ben cline on house judiciary on senator rand paul, jim jordan rat kelling the cages of d. C. Bureaucracy, take action on the bidens alleged corruption, details in government documents showing millions of dollars pouring in from overseas to accounts connected to hunter biden and possible criminal actors while his father was Vice President. The criminal actors are those involved in potential sex and Human Trafficking rings that biden, hunter biden could have been affiliated with or associated with. Well break it down. Also tonight top rnc official Harmeet Dhillon, senator mitching mcconnell sounding the alarm on democrats
Cspan coming your unfiltered view of politics. The Senate Aging Committee looks at the coronavirus and Racial Health disparities. Members and witnesses talk about how covid19 disproportionately addresses fx minority communities. Effects minority communities. Senator moran the Economic Impact of the shuttered main street businesses resulting in responsible Public Health protocols have been felt in every corner of the country. T has become clear that however, during this time of National Emergency and courtney did recovery, there are scam artists that seek to take advantage of consumers especially the nations most full noble communities like that of our nation seniors. Sentinel Consumer Network reports that consumers across the u. S. Have reported cases of different scams totaling approximately 90 million in losses from january 1 until july 20, 2020. At home in kansas over the same time period, consumers report over 500 million cases. Everyone should also bear in only the these are repor
Brianna taylor yesterday a grand jury decided not to indict any officers involved in her shooting death. Protesters erupted all over the country, including right here in the bay area with more expected this evening. Thank you so much for joining us here on kron 4 news at 3 im justine waltman now activists called the decision a disgrace, and the family of Breonna Taylor plans to hold a News Conference on friday morning along with their civil rights attorney to address the grand jurys decision but meanwhile, a curfew is now set to start in louisville. In just a few hours for the second night in a row, more protests are expected and investigations are far from over as there are demands for more transparency into what led to the grand jurys decision and here in the bay area last night, san jose was the scene of an impromptu protest forced rob fladeboe. Has more on the protesters message. Shes live for us now from san jose good afternoon rob. Noon justine on here in San Jose City hall as yo