Juniors bakery took a ppp loan at the beginning of the pandemic now the company has been laying off its workers. All 650 workers. Some have come back. Well take a look what the they have done with the money the owner will be back with us a little bit later today on power lunch which starts right now. Thank you, bill. Welcome. The s p hitsi inhitting its hig level. Lets get to bob with more on those market moves for us. Bob. Kelly, five straight up days for the s p 500 and Global Markets are rallying as well we had a terrific opening. Once again were falling back on the usual. The big megacap names. You know those names im talking about new highs for amazon, apple, microsoft, netflix as well. Were seeing a notable rally over seas in china and china related stocks in the United States doing well. Were seeing new highs, for example in alibaba, Shanghai Exchange at a twoyear high as officials over there literally trying to jawbone the markets higher they seem to be succeeding in the short
Is one thing that i know how women capitalizing on this and also clear that this resurgence has not been in a vacuum. One thing we would like to hear from, where the rs Movement Find areas we cannot and should not vote. When the areas in which we are looking for stability. But do not seen. On land. It is clear that many of the American People are united by the fact that they want to invest in homes. But as new yorker i can tell you this the memory of 911 lives on. Not just a memory of my love 911 and how do we respect the amerin people all of the while to keep them safe. In a move on i also recognize the importance of coalition notices. Natalie watches proactively and robustly, and efficiently and effectively fight the tears. Honey find it and find it with horses. And then how do we fight the terrace threat, not just yesterday pretty were certainly in resurgence. Some appear to have stage. Some in germany were arrested after a plan to attack an air force base. Carrying out mass shootin
800743cnbc or jimcramer i love billy paul, but only the strong survive is the wrong anthem for age of covid19, but i do think thats where were headed and even after a good day like this one, and the s p climbed 1. 91 s and thing is the average is dominated by the fittest stocks and the ones with the strongest Balance Sheets and they will do so where most commerce when most commerce is on hiatus, and theyll still be there, but other companies lesser known, but still in the s p 500 need credit to make it through, not because theyre reckless and poorly managed, but because its impossible to plan for this economic catastrophe and including, of course, all of the small and midsized businesses that are not even public im worried that theyre doomed. Doomed ive said endlessly that we dont trade in nail salons and gyms although we do have Planet Fitness on the show later tent, and there are plenty companies that i supply midsized businesses and more important if we keep seeing jobless numbers a
U. S. Sanctions are an economic tool which in general terms show access to those named people or entities that pose a threat to u. S. National security. The exercise of u. S. Foreignty policy and National Security over the last decade. A favorite policy tool of this administration in particular. It the topic is also the subject of a report that we cowrote and we are releasing today. We will have seen that as you came in. The report includes findings of ours that came out of the workshop on signaling and deterrence of sanctions fun opdated either foundation. Bridging the gap with which it is succeeded in a leadership role. We have convened with the intenf achieving a better understanding of how the u. S. Administration and congress use sanctions for signaling and deterrence and gnoffer views and specific recommendations for how to improve the signaling and these instruments. Some of you may have seen over the weekend treasury secretary saying sanctions are, and im quoting, quoting, and
And jeff bezos escalating, why amazon is accusing the president of applying improper pressure on the company. And disneys new milestone the company is making history even without counting the numbers from the upcoming Star Wars Film plus fighting for your leg room. How lawmakers are working to hold the airlines accountable for packing americans into smaller and smaller seat sizes on planes. Melissa ill believe that when i see it fox Business Team coverage Edward Lawrence is live in washington, christina partsinevelos is on the floor of the new york stock exchange, lets start with edward. Melissa multiple sources say that mexico has come back to the table and agreed to changes that have been made to u. S. Mca. There is a deal here the language being finalized that was sent to democrats on capitol hill. The focus shifts now to House Speaker nancy pelosi, a senior democratic aid tells me that they are studying the proposal or theres no agreement to announce as of right now, our own Maria