Well, we begin with a holdup in the traditionally smooth transition of power after joe biden declared victory in the president ial election. Bidens team is threatening legal action against the federal agency overseeing the transition process. It accuses a top administrator of not freeingng up money and access to agencies. Meantime, President Trump has yet to concede over unproven allegations of voter fraud. Deborah alfarone is in washington. Why arent Administration Officials cooperating . Reporter well, annemarie, the person who oversees that federal agency you were talking about, her name is emily murphy, and she was appointed by President Trump. The president hasnt conceded. Hes continuing to vow that hes going to have his legal fight, right . So this really is unprecedented that murphy wouldnt sign the paperwork that would essentially start the transition process, but as you know, 2020, unprecedented here. President elect joe biden urged americans to come together to fight the coro
See here soon becomes japans new Prime Minister the nation faces its because economic downturn because of the pandemic. So then a 2 pronged whether assault in the United States is people fleeing wildfires in one part of the country and rushing to avoid severe flooding in another slow moving Hurricane Sally has made landfall on the gulf coast it threatens to unleash heavy rain and catastrophic flooding and another powerful storm is also brewing in the atlantic thats Hurrican Teddy and it could hit bermuda as early as this weekend and on the other side of the u. S. Coast its in Oregon Wildfires are continuing to burn and forcing people out of their homes nearly 2000000 hectares of land has been charred and a federal disaster has been declared and the impact of those fires is now being witnessed on an entirely different continent traces of smoke have been detected in europe which is 8000 kilometers away. Were going to now from jay gray who has more on hurricane sonny from my bill in alaba
Efforts at latino outreach. And not letting up. Breonna taylors mother tells us why a 12 million settlement does not equal justice for her daughter who was killed by police. First here is todays eye opener, your world in 90 seconds. The flooding has already begun. This storm is 500 miles wide and wind is not the biggest concern, believe it or not. Its the water. Sally, expected to bring historic flooding to the gulf coast. Nine feet of storm surge. This is not survival. Smoke from Deadly Wildfires in the west has drifted all the way across the country. The air outside right now is at historically polluted levels. Nancy pelosi wants an investigation into a complaint alleging detained immigrants are undergoing questionable hysterectomies. Why . I had no answers as to why. Town hall meeting. Why would you downplay a pandemic . I didnt downplay. I actually, in many ways, i upplayed it. Israel and two arab states signed deals establishing diplomatic ties. The city of louisville, kentucky, a
Break down the key sticking points and a Worldwide Exchange exclusive ed morse making phone calls the investment is his best bet right now. Youll hear it here on Worldwide Exchange on cnbc good morning, good afternoon, good evening from wherever in the world you may be watching. From here in the states, im Brian Sullivan kicking off with the big blue. No real rbi today. Lets call this the rbi. Ibm is up some 5 in the premarket if the gains hold there on ibm and they may not if they do, that could ad 45 points to the dow at the open. Ibm your rbi it is very rare that ibm rises after earnings according to our own earnings guru, this is the 23rd eps beat. Up bigly well call it ibm, your rbi and you are making investors today a little bit of dough. 70 of the time in the past five years, your stock appears to be down after earnings. This is the eighth straight quarter where sales are flat down on the year to those highe futures, the nasdaq showing gains right now. With the move yesterday, t
U. S. Took preemptive action in terms of export controls for the city. Yvonne the one thing the chief executive has said is u. S. Sanctions will not scare us. That is the latest response from carrie lam. Given what weve heard from the u. S. Recently when sanctioned chinese officials over the security law, and also now as you mentioned, paring back trading benefits that hong kong has enjoyed with the u. S. As well. The market seems to be overshadowed by better data. Pretty early when it comes to pmi data in china that came out at the top of the hour. It seems like at this point its really about the fundamentals more than the politics that is driving this rebound we are seeing in risk assets today. Look at the asiapacific benchmark, up 1 . Set for the best quarter since 2009. Still, asian stocks have not really recouped most of the losses we saw in the First Quarter, but certainly u. S. Futures pointing positive as well. The hang seng still up 194 points despite what we have been hearing