College football starts in basketball and you get to root for your alma mater or the team yet come to follow and its a lot of fun. Its gotten to be really big business. There are billions of dollars gamble on College Athletics. Theres billions of dollars in revenue generated from College Athletics, and its all built around a model of amateur athletics. So the fact that a lot of people are making money off amateur athletics, the challenge is, trying to make sure that the Business Model is fair, what you do but the people watching play the sport without destroying the amateur nature of the game . Because most of the people on a College Athletic team, that will be the end of their athletic career in terms of getting compensated. They get scholarships, many of them do, and room and board of them go into the private sector and go on about their lives. But the College Athletic experience is something i want to reserve. There are many people get to share that experience who will not turn it i
Panel, the a b. A. Annual Meeting Forum on justice and policing. A path forward with senator tim scott of South Carolina. Thank you senator scott, so very much, its a privilege to have you join us for this program at the ap a annual meeting. Thank you maam and thank you for your leadership. Without any question, americas better for folks because a folks by yourself with strong positions. Thank you for making the investment to make a difference. Thank you sir. Senator scott, what do you see is the role of congress and improving police and Community Relations and bridging the gap of trust, particularly with communities of color across our nation. I think Congress Plays a role in that. Even a significant role. But perhaps the most Important Role is the one on the local level. The mayors and the county chairman or chair women, those folks have the most direct path for Police Reform. Not those of us in congress. Ive share this story several times, i have been stopped by officers 18 times in
S p 500 few you ares up 15 the nasdaq with a gain of about 1. 7 all because of what is happening with four big horseman check out shares of apple, facebook, alphabet and amazon. They went before congress two days ago and came out with earnings that knocked it out of the park on every one of those counts three of the four are trading sharply higher apple up 6. 1 , facebook up 5. 8 , amazon up 5. 4 alphabet did beat earnings estimate did post the first revenue decline and is down 0. 67 . More on those in a second. Lets kick it over to wi will everyone wilford. Good to be back extraordinary numbers, as you said well discuss those in a moment. First check out this mornings agenda as we are closing out the week well bring you results from cat, chevron, exxon and merck. Kol gate, underarmor and others. The late day of july lets check out the market score card owl three major indices on track for the fourth straight gains. Nasdaq the big oner up 18 month to date up 5. 2 . This past week, back
S p 500 essentially flat year to date nasdaq up some 19 59 minutes left in the session, sara coming up on this friday afternoon, weve got a series of great gifts for you. Red finns stock was on fire the stock selling to have day on the companys cautious outlook as the ceo says the bottom codrp out on the economy were going to talk to glenn kelman in a few minutes. And then apple once again, the Biggest Public Company in the world, surpassing saudi ramco. Continuing the historic run. The market cap now sitting above 1. 8 trillion. Its up over 8. 25 well talk about what an investor should do with this stock next lets focus in on the big stories that were watching. Mike santoli looking at the market and the tech stocks surging to day kayla is looking over the next stimulus package first to you, mike. The story from the morning was that Great Results from the big four of tech did not really lift all votes did you have weakness. Sold a strong open the market firmed up in the last hour or so
Good afternoon. All here today to a hearing entitled acting americans from covid19 scams protecting americans from covid19 scams. The nation continues to fight the Health Crisis brought on by the covid19 pandemic. In addition to the threat this pandemic poses to americans, the Economic Impact resulting from responsible Public Health protocols have been felt in every corner of the country. It has become clear that preventing practices and dedicated resources including expanding testing capability and the availability of personal protective equipment are absolute necessities to a responsible path forward in extinguishing this Health Crisis. However, during this time of National Emergency and coordinated recovery, there are scam artists that seek to take advantage of consumers, especially the nations most vulnerable communities, like that of our nations seniors. Networks Consumer Reports consumers across the u. S. Reported over 136,000 Different Cases of covid related scams totaling appro