Times. Overnight, california surpassed new york for the most cases in the nation. Officials warning young people are the ones driving the spread now. Were live as we always are across the country. First, lets get to cnns Jeremy Diamond at the white house. The president said the administration is starting to work on a strategy. Of course this is something that he has resisted, hes resisted recognizing the severity of the problem. Do we know anything about that strategy . Whats different . Well, jim, whats remarkable is that over the last month and a half, as cases have been surging across the country, the president has not been focused on developing a strategy. Instead he has been focused on denying the reality of that surge in cases. We have seen the president downplay the threat of the virus and say despite this being debunked that the surge in cases was tied to the increase in testing. But the president yesterday it seems after one poll after the next that showed him trailing joe bid
Exciting ever, it was also the most diverse. People are really excited about this field. It is easily, the most diverse field for president ever in the 2020 democratic field is taking shape. There are more women run for example president in this field than have ever run for president in any one field before. This is a field democrats can be proud of. Today, their their diversity dreams came crashing down when, Elizabeth Warren announced her decision to end or president ial campaign. Which means, the most diverse field ever, has been widdled down to two very old white upon men. The media has been desperately searching for a way to spin warren and other female candidates failure bus all they could come up with is this. I think women always face a double standard. They are taxed more when they make mistakes and its harder for them to gain traction and fundraising. You cant remove sexism for the fact that Elizabeth Warren had trouble fundraising. We punish them harder than we do male candi
Welcome back to squawk. We have odd breaking news this morning. We reported earlier today that home depot and excuse me, office max and office depot were merging. Theyve taken that press release back. Apparently the negotiations are still ongoing. This according to dealbook. Well find out more throughout the day. Thats where things stand as we speak. Robert wolf has been our guest host. Thank you for being here. Its been a lot of fun today. Well see all of you tomorrow. Join us tomorrow. Squawk on the street begins right now. Good wednesday morning. Welcome to squawk on the street. Im melissa lee, with carl quintanilla, jim cramer and david faber at post 9 here at the New York Stock Exchange. The day after we broke a lot of records for the u. S. Markets, were looking at an update for the dow. The s p looking to give back just a little bit, along with the nasdaq. As for the picture over in europe, some comments from germans chancellor Angela Merkel about the euro saying between 130 and
Serious allegations of cyber spying against a arrival super power. Welcome to a brand new hour of happening now. I am patty ann brown. I am jon scott. Justice department is filing charges against chinese officials. Eric holder said those chinese officials hacked in the computer and stole trade secrets. We have more from washington. Reporter thank you, john and good morning, the indictment identifies five members of the Peoples Liberation army that are a cowed of Cyber Espionage and stealing industrial secrets and communication to give china willt an advantage. The they are on the fbis most wanted page. They work in the high rise in shanghai identified by private Cyber Security firm that alleged it was home to an organized network of chinese hackers who are behind threats that target organizations. They are able to infilt trait the companies and steal their information. What distinguishes this case, we have a state sponsored individuals using intelligence tools to gain commercial advant
Corruption. Also coming out germanys far right fractures the coleader of the anti immigrant anti islam alternative for germany puts the party this just two days after the a. F. P. Makes history and Current Parliament for the first time. Meanwhile on america takes on the tricky task of forming a new governing coalition a three way alliance may be her only option can she deliver a stable government she has promised the german people. Also coming up iraqi kurds turnout in the millions for a referendum on independence from baghdad was followed by a night of celebration the problem practically all of the regions big players bitterly oppose the vote and they are pushing back. Im sorry so much guns are good to have you with us well it is known as the alternative nobel prize each year the right livelihood award honors those who defend human rights and the environment the names of the two thousand and seventeen laureates were announced a few hours ago and this year the prize money total. Three