Coverage. Blake burman at the white house. Hillary vaughn in wilmington, delaware. Well start with blake, latest on stimulus negotiations picked up again but stuck in neutral, right . Reporter picked up again, jackie, going absolutely nowhere it seems. Top democrats here in washington, chuck schumer, nancy pelosi, they put out a statement in the last hour, that they spoke with the treasury secretary, top negotiator for the white house today, they say it was mnuchin that initiated the conversation. Afterwards pelosi took to twitter and said the following, democrats compromised. We repeatedly said were willing to come down a trillion if theyre willing to come up a trillion. Clear that the administration does not grasp the magnitude of the problems americans are facing. That is the democrat take. The response at the white house came from the communications director, elissa farah. Lets be clear, President Trump, not Speaker Pelosi who took action for hardworking americans and extended Unem
They never say middle women so theyre politically not correct. I have heard term middleman for a long time. They are so wealthy. They are so wealthy. Nobody knows who the hell they are, other know what they do. They make more money than Drug Companies. At least the Drug Companies have to produce a product and it has to be a good product, the middlemen, the rebate im doing cuts out the middleman are and reduces costs and goes back to the people purchasing drugs. I have a lot of enemies out there. May be the last time youll see me for a while. A lot of very rich enemies. Theyre not happy with what im doing. We have one chance to do it. No other president would do what i will do. No other president would do favored nations rebate, buy from other nations at much less cost. Nobody. There are a lot of unhappy people. And theyre very rich people and theyre very unhappy. Heres my fourth promise to American Workers. Beyond our medical supply chains over the next four years, we will onshore mill
Raleighdurham. The president is about to step out of that plane. I can tell you right now, we are going to be there with cameras because back in d. C. , theres another huge story developing. The congressional antitrust sharks are circling. In less than 48 hours, jeff bezos of amazon, apples tim cook, google alphabets Sandar Pichai and mark succeed you azu facebook will be the ones in hot water. It is the First Time Ever that all four will simultaneously be taken to task by law makers. If congress is smart, okay, i know, if congress were smart, they would get suggested questions from this guy. Basecamp cofounder and chief technology officer. He hes the only one who has taken on three of the four and lived to tell about it. He will reveal the number one question he says congress should ask each of those tech titans that he says will cause crumbling. Plus, could a new u. S. china ticking time bomb threaten social medias hottest name . China economic insider derek scissors gives his threat
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
The heated rhetoric not helping the markets at all as we head into the final hour of trade. Neither did the weekly jobless claims number that came out this morning. It rose for the first time in 15 weeks. Then you have goldmans morning call that apple is bruised and should be tossed from your portfolio. Weve got red acheck it here. Dow down 341. S p down 38. The nasdaq down 227 points. This china situation, American Farmers dependent on selling their product to china, are bracing to be pawns once again. We will talk exclusively to a wisconsin soybean farmer about how his business was first affected since signing of the phase one trade deal and who knows whats going to happen to that phase. From massages to a whole different business of medical testing. How one chain flipped Business Plan to survi the covid crisis. Weve got the ceof express supspa group. They have the airport chains where you get massages. Hes here to tell us how hes pulling the 180 and offering covid tests. Its a fox b