One College Football player announcing he tested positive after attending a demonstration as covid cases continue to rise in at least 16 states, plus, what could be good news for parents, what dr. Anthony fauci is saying about reonindme deadly flash floods. It now threatens the gulf coast from florida and louisiana as a ready storm sweeps across the northeast. Winds gusting at over 90 mile an hour. Ginger tracking it all. Drew brees backlash. I will never agree with anybody disrespecting the flag of the United States of america. The nfl star under fire saying he still doesnt support taking a knee during the National Anthem. In the wake of George Floyds killing the top players and teammas lashinonia a. The nba bouncing back. Powers in and finishes. Our favorite players planning a big return to the court. What the league is doing to keep teams safe and how disney world may be making the magic happen. Good morning, america. Thank you for joining us again in this tumultuous time. Thousands
Best talent because they are the best food. You know, that have the relationships with universities and it doesnt mean there arent other Companies Like salesforce or uber that are doing Amazing Things but it is these Nine Companies that Everything Else flows. The entire ai ecosystem, in some way or the other, touches these nine. In addition to all the things that i just mentioned they are building the framework and the custom silicone tips and they have the code bases. All roads lead to these Nine Companies in the challenge that i have is that if it is the case that Artificial Intelligence is not just being built to create a better microwave although that is cool that instead to optimize our lives using data as currency what does it mean when we relegate that to just a handful of companies and a handful of people working at these companies who probably dont look like us and dont have the same worldviews as us and what are the longerterm downstream invocations of that look like . Three
Rates can go. Deal toor merkel says a bailout lufthansa is edging closer. Warns of ad airline multibilliondollar rescue. 7, 8. I found the roadmap. One thing we have touched on. It is about demand. It is not about which camera. It is about demand. You have mark cuban of the Dallas Mavericks obviously supporting, talking about. Usinesses that cant survive jp morgan, citigroup, goldman sachs. This is the issue. Synchronized, un dislocated reopening which is know when youre 100 , which pulls into question that the veracity of the argument goes from 20 that unemployment goes from 20 to 10 . The road is dislocated. Nejra you got a sense of that in the fed minutes. Gloomy prognoses. What might be considered more is yield curve controls from here rather than negative rate. They were apparently not discussed as much to. That was kind of the take away from the fed. Yieldted discussion of curve control. They also said some banks should limit payouts to shareholders then you have the u. S. China
Easing of lockdowns. Taylor i got him steven major you have thes massive helicopter money and stimulus but if the demand does not come back, he is more worried about disinflation, that made my ears perk up. Francine lets get straight to the bloomberg first word news. The European Unions executive arm is coming out with its own stimulus package to deal with the regions worst economic emergency since world war ii and calls for spending 823 billion. Two thirds will be in the form of grants and the rest will be loans and funded by joint debt issuance. In hong kong, hundreds of protesters returned to the streets demonstrating against chinas plan to take more control of the city with National Security measures. Projectiles. Ired the u. S. Is thinking of ways to punish china for the hong kong crackdown and is weighing whether to declare the colony has lost autonomy from beijing. There could be visa restrictions for Chinese Communist party authorities. For the first time, twitter has added a f
Thinks about the issue of negative rates. Then nancy pelosi, she is set to brief the houses Coronavirus Select Committee in less than an hour on the next stimulus proposal that multitrillion dollar proposal. The only doctor that will be on board, Tennessee Republican congressman mark green. He is going to be here. He will join us what he wants to hear when nancy pelosi starts that underway, 3 00 p. M. Eastern time in an hour. Washington is pressuring airlines to next their Customer Service policies. How a new proposal could help you get your money back because they have not wanted to give you your money back. You probably know. A lot more coming up on the next hour of making money. Cheryl stocks falling sharply. The nasdaq is now back into negative territory for the year. As you can see, we are now down 535. The dow at its lowest today, down 605. The nasdaq down 202. Techheavy nasdaq 2. 25 loss. S p down more than 2 . Federal reserve chairman Jerome Powell gave some dire warnings about