That is boeing. Today, there will be a test flight for the max jet. It will be put through its paces with all kinds of maneuvers. The results, recorded. This is part of the recertification process. The stock is up 5. 5 . Watch this stock, too. Facebook. The list of companies which will no longer advertise on it is growing. They want founder Mark Zuckerberg to weed out what they call racist or threatening or misleading advertising. That stock is down bigtime, seven bucks. How about this. Politico says the president has told close aides hes worried about losing in november. Former new Jersey Governor Chris Christie says mr. Trump will lose if he doesnt change course. 127 days to the election. Joe biden leads. The virus is coming back. And the market is rallying. Welcome to the monday morning edition of varney company. Stuart im going to start with boeing, almost two years after that fatal lion air crash involving the max jet. They are set to begin recertification testing. Susan, come in,
4000 jobs worldwide. Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. We are getting data out of italy. A bit better than expected. Is worse than expected, not better than expected. Shrinking 5. 4 in the first quarter, also after it was revised from a 4. 7 contraction before. That is having an impact on the stocks, if you look at european stocks, they are down to 1. 3 , and if you look at u. S. Treasury yields, 0. 6 . You what is going on, the crude oil with the biggest advance on record. President trump has said u. S. Policy measures on beijings move on hong kong. Chinas crackdown as trumps friend to retaliate have further escalated tensions. For more on all of this, we are joined by our chief asia economics correspondent, and the koran. Enda curran. Enda, what are we expecting trump to do . Quiteit could be significant for hong kong, beijing, because the president has a range of penalties to choose from. He could impose sanctions against in
Hurting jobs by writing in rou looting going off the rails that includes flaming minority Business Owners, their families and workers hit by the chaos. And as if things were not complicated enough, stories getting ready to reopen from covid19 shut down now dealing with smash windows, looting and arson. Were also bringing on former california candidate john cox on the growing push by a dozen cities to define Police Departments. Joe biden opposes that and also this debate, the covid19 protest politician to enforce them, now they are moving to defund them, also with us armyht top rnc official dylan on the boat this week by Senate Judiciary to subpoena at least 53 Obama Administration officials and the probe of the botched trump general flynn probe and they talked about the republican preparing for potentially nearly 20 criminal referrals. Also media reporter joe concha on thend media silence in the abuses of the probes. Also with us tonight we have a tough congressman a new plan to unveil
Rioting and looting go off the rails. That includes slamming minority Business Owners, their families and workers now think by this chaos. As if things were not complicated enough stores just getting ready to reopen from covid19 shutdowns now dealing with smashed windows and looting and arson. Were also bringing on former california gubernatorial candidate john cox, on the growing push by a dozen cities to Defund Police departments. Joe biden opposes that. Also this debate, the covid19 protest politicians asked Police Officers to enforce them. Now theyre moving to defund them. Also with us tonight, top rnc official Harmeet Dylan on the vote this week by Senate Judiciary to subpoena at least 53 Obama Administration officials in the probe of the botched trump russia and lieutenantgeneral flynn probes. Also well talk about the republicans now preparing potentially nearly 20 criminal referrals. Also media reporter joe concha on the democrats in the media silence and all of that and abuses
Gain i think im looking at the right place, nasdaq composite, up 1. 5 . We are doing well this morning. Now look at this. Novavax started phase one trials of a vaccine with human participants. Results expected in july. Big stock gain. By the way, the ceo will be on the show today in our 10 00 hour. Merck are working with an austrian vaccine maker and they have established partnerships with others in the field. Merck is a dow stock and it, too, is on the upside. 3. 7 higher. Heres the bottom line. There are hopes that a vaccine may be developed more rapidly than thought possible. All right. Im going to show you some of the scenes from around the country this memorial day weekend. Its the official unofficial start of summer. We took every opportunity to get out and have a good time. That suggests the recovery is picking up steam. We will show you more about this in just a moment. Joe biden, he broke out of his basement for the First Time Since march 15th. He was wearing a mask. He and hi