An updated vaccine should be able by the fall, but the question is will enough people take it, kelly we were just talking about the return of Manhattan Office space. But lets get a check on the markets where the dow is up 39 points today, leading the way while the s p is down 11 or a quarter point. 45. 77. Nasdaq down a third of a percent and caterpillar is a big reason the dow is holding up. Adding more than 100 points after an earnings beat the shares are soaring 8 prts. More on those results in just a moment jetblue cutting outlook as demand for Domestic Travel is starting to soften thats an 8 drop for jblue in the bond market, weaker numbers. Jobs report on friday but the 10year popping today. The yield over 4 , the yield on the 30 year on its highest level since january. Well talk to Rick Santelli coming up. All right. Lets dive into Second Quarter results now from some of the big pharmaceutical names pfizer posting earnings at top wall street expectations, but the company did mis
the german shipping line hapag lloyd has said in the last couple of hours that it will continue to avoid the area for at least another week. it made the decision after another ship belonging to its rival maersk was attacked over the weekend. in that attack, houthi rebels based in yemen hit the ship with a missile and tried to climb aboard before the us navy intervened and sank the rebels four boats killing the crew in the process. the us military says there have been at least 23 attacks since mid november on a route that acconts for about 12% of global trade and which is now being avoided by several of the world s biggest shipping companies. let s unpack the latest on this with peter sand, chief analyst at the shipping analytics platform xeneta. thanks forjoining us. does this latest development suggests tha things are getting worse rather than better? you are hitting the nail on the head. we can see that from the direct developments on the platform where an essential
Freed on health grounds, hamas said no longer hostages but survivors. Both were kidnapped by hamas gunmen from their homes in nir oz, the scars of looting and destruction still mark the empty kibbutz. This was what they lived through. The vision of home they took to gaza, just three miles away. And this was what they lived through there. Israeli air strikes, more than 300 a day, caught between their army and hamas. Many Palestinian Civilians feel the same. Gazas hamas run government says israeli strikes killed more than 400 people in a single day. Hope, draining from the chance of peace, still surfaces in the chance to save a life. Ibrahim from blackpool is trying to leave gaza with his mother and three siblings. They have been living here for a year. Buildings very close to us on our street, destroyed. We had to flee the house, flee our flat where we were living, and go to khan younis, and stay with Family Members. There were 43 of us staying in one flat. 0n the israeli side of the bo
Time for a look at the Business News now with tadhg enright. Luxmy gopal, thank you very much. We are going to talk about tax. A new report, funded by the european union, has found that the worlds super rich are still able to pay low rates of tax, despite decades of efforts to reduce evasion. The study says there are still too many loopholes and billionaires are able to pay less than 0. 5 of their wealth. The eu tax observatory, which is behind the report, is calling for a new global minimum tax on billionaires saying that if the richest 3,000 people in the world paid 2 , then it would raise 250 billion a year. Earlier, i spoke to Richard Murphy a Tax Reform Campaigner and professor of accounting practice, Sheffield University Management School and asked how feasible that would be. The good news in this report today is that a lot of measures that are being put in place which i campaigned for over the last 15 years are working. For example, tax havens are now causing one third of the ha