A paltry one trillion dollars,. Only in this day and age can one trillion seem cheap. Democrats want 3 trillion. Well follow battle back and forth. In texas where were seeing a spike in cases but some are finding positive signs that the spikes are not quite as high as they use to do so be. Also that, and the vaccine push right now that has some promising implications for texas. To silicon valley, what is going on there. A lot of tech ceos on wednesday will be on capitol hill. Lets just say the environment might match the weather, hot and getting even more heated. So lets get to it with chad pergram with republicans with their own coronavirus bill, that also tackles that sticky subject of those jobless benefits. Courtesy of uncle sam. Chad, where do we stand on all of this. Reporter neil, they released their plan yesterday, about five or six distinct proposals. Frankly republicans are in a pickle. There is a lot of disagreement, there is a lot of disowe nance on the republican side of t
Its doors. Nbc bay areas sierra johnson is live for us at that testing facility. So sierra, if testings so important why is this site shutting down after only reporter yes, marcus, they say its an issue with insurance liability at the site. You saw some folks behind me moving tents and before you could even get to the parking lot where this testing facility was theres a guard standing there with cones letting people know that testing here at this site is closing because of a Liability Insurance issue with this site. Yesterday when they opened many folks stood in line for hours for that rapid test. The property manager here tells us that they are made aware of issues with that insurance yesterday morning but they thought they had it resolved by last night. He says it in fact was not resolved and organizers made attempts to notify folks with emails and signs on the property. But this morning w were not able to getted made their way back today. Some women like the one youre about to hear
Fox Business Team coverage with berm blake burman in washington and Edward Lawrence on the latest visit to north carolina. Reporter he have went to the fuji film biosciences plant in north carolina. The health and Human Services department, 265 million deal, side deal with fuji film for another plant in texas to ramp up production of the vaccine there. Fuji film has done a deal with novavax, specifically for the phase three trial. Theyre going to provide all of the clinical needs for that trial, it is part of the 1. 6 billion that federal government gave novavax for this. The federal government saying, vaccine production are taking place at the same time, and that is saving time. Not only is operation warp speed accelerating the development of a vaccine, were also directing a colossal industrial mobilization to insure its rapid delivery. Nothing has happened like this since the end of world war ii. Reporter novavax never delivered a vaccine to the market but showed enough promise to be
His handling of coronavirus. They cant waste a drop we look at why water so vital to ethiopia as a controversial one fills up. Into the program theyve exchanged threats and criticism over covert 19 trade and the South China Sea now the diplomatic war between china and the us has a new front china has been given 72 hours to shut its Consular Office in the city of houston the u. S. Says the move is to protect American Intellectual property and it comes after Fire Fighters in the city were denied entry to the premises following reports that staff were burning documents Chinas Foreign Ministry denies that arctic using the us are violating International Law its warned the Chinese Students in the u. S. To be on their guard for what it calls arbitrary interrogations this was us secretary of state my pompei is speaking in denmark earlier were not going to allow this to continue to happen where they have seen their remarks that that brian gave that be i direct reggae even that attorney general
Doses ready to ship once they get the green light and speaking of green light, joe biden wants to go ahead and raise Corporate Taxes, he is tapping his inner Bernie Sanders and outlining his economic plans using terms like fair share and calling for an end to what he calls shareholder capitalism. We are all over that story you can bet. We may hear the president s response to mr. Bidens plan shortly, he will be leaving for an event in florida this hour. We expect he will speak to reporters before boarding marine one as he likes to do and you will certainly see that right here when it happens. You will also see very little let up in the tech rally, despite theyre down day overall, the big tech names holding their own with more record gains. Amazon, it is hit an alltime high for six days in a row. Not bad. Apple, not much of a pullback of the stays above 380 a share, same story for microsoft, not much of a drop there, for microsoft still at 213 box. Facebook is above 240, despite constant