Gap, all falling very hard as you can see there. Well go shopping for opportunity in that Retail Sector later on, buy gold now thats the message from one top wall street firm we will debate if there is any shine left in that big trade we start first with breaking news out of disney the stock is moving lower in the after hours session as the Company Announces some very, very major job cuts. Lets get to our own Julia Boorstin with the details. These are tens of thousands. Thats right. Disney is laying off 28,000 domestic employees, hourly, sal rye e aried and executive roles. In light of the prolonged impact of covid19 on our business, including limited capacity due to physical distancing requirements and the continued uncertainty regarding the duration of the pandemic exacerbated in california by the states unwillingness to lift restrictions that would allow disneyland to reopen, we have made the difficult decision to begin the process of reducing our workforce at our parks, experiences
Climbing and nasdaq pole vaulting 2. 26 september has still been ugly. Ive been warning you that this is historically the worst month of the year. Ever since august ended, complete with a nasty tenday close and thats precisely what we got but now that september is almost over, lets focus on the future meaning next weeks game plan. It starts on monday when we get results from the mighty four industries which dominate the rv and motor home industry. When the pandemic first hit, ford sold off hard as investors figured wed have a normal recession and rv sales get slaughtered. Sure enough, we have a slowdown and mass unemployment and an incredible boom in the rv business because these things represent one of the only safe way to go on vacation. Since then, thor stock soared but tends to pull back every time people get excited about a potential vaccine. Lie i can th i bet rvs stay longer than you might expect tuesday we hear from companies that can potentially deliver upside surprises that m
Deep political. Allegations of a cover up of the suspected. Of an investigative judge. Program and. Im still gail welcome to the program. The European Unions Incoming Commission president has won the parliaments approval for her new t. V. A sort of funded line is the 1st woman to hold a used top job and she has set out Ambitious Goals to turn the bloc into a green superpower and boost Economic Growth as well as those challenges should also have to deal with deep divisions amongst a u. Member states resoundingly approval from the e. U. Parliament confirming the new team of Incoming Commission president lyon. On the line is the 1st ever woman Commission President and her team of 26 dont differ too much in profile from the usual brussels career politicians but her ambitions are marked change her ideas of forward thinking as is the gender balance of her team it is a team with almost all levels as many women as men only one woman away from gender balance this shows. This shows we have made
A new poll shows the majority of americans believe that special Counsel Robert Mueller has a conflict of interest because of his past ties with former fbi director james comey. We are asking you, do you have confidence in the Robert Mueller russian probe . Republicans call 2027488001. Democrats, 2027488000. Independents, 2027488002. Reach us on twitter cspanwj, and on facebook at. Com cspan. Facebook. Com cspan. Lets look at what the president said on the white house lawn yesterday. It is a shamep what happened with the fbi but we will rebuild the fbi and it will be bigger and better than ever. It is sad, when you look at the documents and how they have done that is really, really disgraceful. You have a lot of angry people seen yet. It is a sad thing to watch. I am going today on behalf of the fbi, their new building, when everybody, not me, the level of anger at what they have been witnessing with respect to the fbi is very sad. Host more on that from the Washington Post today. It sa
Now a discussion on bitcoin and the future of crypto currency. From washington journal, this is about 30 minutes. Washington journal continues. Host joining us is brian knight, Senior Research fellow for the Financial Markets working group at Mercatus Center, and he is here to talk about bitcoin and the future of cryptocurrency. Thank you for joining us today. For people like me who really do not understand this very well, bitcoin andt is cryptocurrency . Is a computer protocol used to set up a peer decentralized network where you have a valuable token, a bitcoin, and a distributed ledger. One of the thing that is unique is instead of a centralized party maintaining the database, it is maintained by all of the Different Computers on the protocol simultaneously. That is why they call it distributed ledger. The goal was to set up a system for payments and value transfer that really is not subject to reliance on a centralized party. Host why was this developed, and how does it work . Deve