Hour the u. S. Passing a tragic milestone now. 50,000 deaths related to the coronavirus. Meanwhile, all eye ons ts on the of georgia as it tries to reopen well get a live report. Over to you, kelly thanks. First, lets get to bob to wrap up the volatile week we had for stocks and whether it still has legs. It might. The good news is we got the Coronavirus Relief package passed we got a lousy durable goods number just look at what a mix day we got here boeing has been around the dow all day. Its down 15 on the week. That durable goods number was a lot about boeing h home depot, apple, this is all over the place its not a clear direction i think the problemis the rall has stalled out a bit. Have you noticed that . Were down 2 . We have gone nowhere since april 9th. The bears are saying the economy doesnt justify 2800 in the s p 500. Its signaling a bigger slowdown the bulls are insisting the big Balance Sheet companies are doing fine feds on their side theres arguments on both sides. One
[bleep] is gonna change. I do it save jobs. Check you out. And i do it to make money. This the profit. [upbeat music] [truck beeping] watch your back. A. Stein Meat Products is a prime beef wholesale business in brooklyn, new york. For 75 years, theyve been selling Quality Meats to new yorks finest restaurants and butcher shops. Thats beautiful. And shipping their product all over the country. We carry a lot of choice and prime meat. We only carry a highend product. Howard mora. I also need about 20 prime loins. And alan buxbaum. What are you waiting for . Are sons of the original two founders. Together, they now run stein meats. And over the last 18 years, theyve grown their revenue from 4 million to 50 million annually. When our fathers first started, it was much smaller. It really expanded the business. Meat is a competitive business. And sellers like stein work on a very low profit margin. Meats priced like the stock exchange. You sell stuff for pennies a pound over your cost. And
The Public Health Department Said there are more than 1,000 beds available no the 11 hospitals as well as almost 400 ventilators. Other shows how many have been tested for coronavirus and the number of those that have come back positive. Right now that is about 12 . The county wants people to have that information in as close to realtime as possible. We have doing everything we can to make sure we are ready for any surge when it happens. The only way that we can ensure we have the public trust is by being transparent about our efforts. And the governor is now speaking, giving the statewide update encore h1n1 efforts. Lets listen in. Freeenterprise for what it is, a healthy horse pulling a sturdy aginnstochurchill saying them, particularly milli filing for Unemployment Insurance. With the headlines that we have seen as a trend line for the last few weeks and march 12th of this year we started to see applications for Unemployment Insurance here in the state of california skyrocket. Now o
[inaudible conversations] [inaudible conversations] [inaudible conversations] the committee will come to order. The gentleman from illinois mr. Foster is recognized for five minutes. Thank you, madam chairman. Mr. Scharf, iraq with the concerns my colleagues on this committee about the extensive shortcomings of west fargo over a number of years past and do hope you are as committed and as successful in turning your dash as you stated in your testimony. Id like to bring up the issue of dreamers. This is ang issue that hits cle to home. Last summer a dreamer from illinois filed suit because he was wrongfully denied an auto loan because of his daca status. I was glad to see some of the changes that wells fargo has decided to implement recently including its plan to provide Daca Recipients with credit products, education loans and mortgages. I cannot emphasize enough how important this commitment is and hope you worked work diligentlo implement this new policy. Because this release is one
Dominating democrats when it comes to fundraising in just one week during his california trip, a whopping 14 million to kickoff 2020 campaign. A record january. Raising 60 million. Trump has almost 92 million in the bank, almost three times more cash in all 2020 democrats have combined. Senator Bernie Sanders has the most of the dems running for president , 16. 8 million in cash, joe biden has 7 million, mayor pete 6 million and while senator Amy Klobuchar and Elizabeth Warren have around 2 million in cash on hand. Many problems are plaguing some candidates in the field because it hasnt narrowed much in the primary dragging on. The campaign for Elizabeth Warren took out a loan. Pete to judge 13 million. Their up against billionaire Michael Bloomberg sent over 150 million on super tuesday but biden and buttigieg spent 0 on super tuesday. Thank you very much. Andrew cuomo giving Mike Bloomberg some advice, suggesting the former new york city mayor should break out another hundred Million