Good Tuesday Morning welcome to squawk alley. Im Carl Quintanilla with jon fortt. Its a mixed fwoog day retail earnings, amazon pharmacy, covid19 restrictions, fed speak. Were going to begin this morning on capitol hill as both Mark Zuckerberg and jack dorsey testify before Senate Judiciary on censorship, suppression, and, of course, the 2020 election our Julia Boorstin is monitoring this and can tell us what happened so far. Julia . Well, carl, senator Lindsey Graham focusing on what he sees as a need to revise section 230, thats the rule that protects social media platforms for legal liability for content. He says facebook and constituenter wetwitter were making editorial decisions and far more transparent standards are necessary. He called out the Mental Health risks associated with social media use. On the other side of the aisle, richard bloomenthal, he is calling for breakup of the platforms. Mark zuckerberg supports change to section 230 dorsey pointing out they need to walk a f
Belgium urge eu leaders to step up plans for a no brexit. 50 questions from german lawmakers. We will talk to a member of the team. Rd investigative a warm welcome to the program. U. K. Data. Datac sector net borrowing coming in this morning. Excluding the banking group. At 28. 3ber has come in billion pounds. That is below estimates. The estimate was for 30 billion. That are than anticipated. Really interesting aspect here payhat the Public Sector conversation will look like from here. We have a Spending Review coming wednesday of next week. In july, the chancellor made the point that the fed felt publicsector pay was needed. We are bracing for some effort from the treasury with regard to Public Sector pay. Squeeze in Public Sector pay perhaps coming. We will focus on that and it will be interesting to see the comments coming through or the numbers coming through on the banking sector. That is the u. K. Data. Markets. Futures looking a little bit mixed really if you take a global pict
There trying to buy a stake in Russias Energy company, we have more details on what went down. It is raising questions, why was the Vice President son involved in the energy deal that could move the oil markets partnering with the head of the Chinese Company that is gone missing, he was considered chinas bridge to russia for energy deals, another executive at the same company arrested for Money Laundering, will show you what we found crosschecking hunter biden, secret Service Protection for these types of business deals, did hunter biden. Payments for this kind of work in Shell Companies and was any use of that illegal, also did the media and democrats political attacks on operation warp speed, did that delay delivery of successful vaccines, the chief advisor to operation warp speed said yes it did and we are tracking a major push back, even u. S. Counties, Small Businesses battling back against extreme covid19 lockdowns and curfews, literally an explosion of lawsuits, thousands of law
Disease expert says covid19 will not be a pandemic a lot longer. , dr. Ing at an event today Anthony Fauci pointed to rapid progress in vaccine development. He did say the coronavirus could remain endemic for a long time. Generally, a pandemic is defined as an infection that puts the global population at risk, while an endemic disease is one that spreads in some areas and not others. There is a power struggle inside Prime Minister Boris Johnsons office that threatens to destabilize the british government. His communication director quit last night, raising concerns about the future of johnsons most powerful and controversial advisor, dominic cummings. All of this comes at a time when the Prime Minister is dealing with a new lockdown and brexit talks. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 in london, and 2 00
Im allen martin and vicki for joining us on the special election edition of kpix 5 news. Voters are turning out in droves. Here is a live look at the coliseum. One voter we spoke to shared what motivated him to vote in person on election day. I believe there are people in this world that wish that they could. And there are those that walk hundreds of miles in order to cast a vote. I believe doing it in person, for me, is a personal mission. Spoke with a good amount of voters in alameda, as well as richmond. And the santa clara registrar had people lined up for the doors opened. The Alameda County registrar is coming up with creative ways to get people to the polls. As you can see we are using tongs to grab the ballots and we had back the i voted sticker. Election officials in the south bay estimate 85 to 95 total turnout by the time polling places close. Kpix 5 reporter Andrea Nakano is at the coliseum. Reporter no crazy, long lines to report. We are at the coliseum and have in here al