Thank you, chairwoman brown. I now recognize mr. Gardner, you may proceed. Mr. Gardner thank you, chairman lipinsk lipinski, the Ranking Member, and thank you for the opportunity to testify today Service Transportation boards key role in enabling amtrak to effectively serve the nation. Strongly support the s. T. B. Needs ieve the board updated authority for Passenger Rail so we can achieve the ontime evels and erformance your constituents deserve. Ongress took amtrak on for the job. Common carrier obligations for assengers and the associated operating losses for passenger service, the freights agreed to whereverrak to operate and whenever it wanted over their lives. Trains with trak dispatching preference over freight and to empower what is the s. T. B. To ensure amtraks access to the rail network. 50 years since the Freight Railroads agreed eagerly to this bargain and yet many of our host railroads fall short in ulfilling some of these key obligation obligations. Mr. Gardner, if youll
S p by 11, nasdaq up by about 42 there were a few areas of the market yesterday that continued to outperform including the small caps russell 2000 coming off an alltime intra day high. And then there is the khodow trs trading at a record high and right now it looks like the ten year is yielding just about 0. 8 the transports a lot of times, they are an early indicator of what is to come, but maybe more difficult to glean what is happening this time given the overall virus situation. Yeah, it is and it is really not things Like Airlines so much driving the transports actually fedex and u. P. S. Are arguably kind of stayathome plays and they are also big components of the transports so really just kind of gone sideways in the last day or so, not much of a pullback just yet. So well very to see how that develops and in this context especially with the White House Task force painting a bleak picture on the near term outlook. The most recent report warns that there is, quote, now aggressive
Restrictions on the u. K. Looks to repair some of the economic damage in todays Spending Review. Words ofs back, the president elect joe biden as he introduces his Foreign Policy team. Janet yellen faces a tricky start, as Steven Mnuchin puts funding beyond her reach. Good morning. 6 00 a. M. In london, 10 00 a. M. Across the emirates. A jampacked show for you, including emirates president tim clark. He spoke to manus cranny about a host of issues in the travel sector. Also, likely an appearance from manus himself. What a day it was and a 24 hours it was, as chris weston put it, a nirvana has dissented over the scended over the market. Dow jones topping 30,000 for the first time. S p 500 index, we do have closing at an alltime high. We are losing a bit of momentum. Flat across the asian market and flat across u. S. Equity futures. We are seeing a steepening of the yield curve, not at the highs we saw recently, but we are seeing it steepening. Jp morgan this morning also saying 10 year
Join me every thursday so i wouldnt feel when i was reading to get a feel of the world of sport im sure. Ill see about. The one business show you cant afford to miss im going to washington coming up the Trump Administration looks to get a ban on. The money say if theyre only reliable connection to family and business contacts in china Much Airlines and job losses are coming the federal government will take a look at what play ahead for one of the nations hardest hit and. Street level ought to get started. The u. S. Department of justice has asked friday for a federal judge to allow the barring of we chat from u. S. App Stores Including apple and google last saturday a federal judge issued an injunction that prevented the department of commerce from forcing app stores as of september 20th to remove it from download the d. O. J. Has presented the judge with a department of commerce memo claiming the mobile application collects and transmit sensitive personal information on u. S. Persons
Fire evacuation in progress. Deadly new wildfires explode in california forcing thousands more to evacuate. Waking up by 3 00 in the were back morning, it was just you time for steals deals. Jill martin is sharing fall finds for the ladies in your know a big red ball of fire right next to us. Life you can use your smart phone to scan that qr code in the bottom the states famed wine country under siege. The very latest from the front left of your screen. Lines just ahead. If you want instant access to inside the controversial decision. These bargains kentuckys attorney general jill, good morning agrees to release grand jury hi there and good morning deliberations in the Breonna Taylor case after public outcry as we move into a new season and the demands of a juror. During these uncertain times, i what will the tapes reveal and could they spark a new round of thought we could all use a few protests . Pick me ups. So we feel like ourselves again as much as we can and get ready for fall 1