The coronavirus marches on with u. S. Remaining in focus. Aussie prepares to meet with melbourne again under lockdown. The Health Care Sector sees his biggest deal this year. Siemens will pay more than 16 24 premium from fridays close. Shery lets get you a check of how markets are trading. We are seeing u. S. Futures addingng gains up. 1 , to that rally we saw on friday. Have seen the s p 500 rising for the fourth consecutive month. More positive sentiment over potential virus relief packages being released in the u. S. Not to mention the surge in tech shares. We had the nasdaq composite outperforming with Solid Earnings from tech giants. Apple, now the worlds most company valuable overtaking saudi aramco after posting other than expected results. Posting betterthanexpected results. See negativeo economic numbers out of the u. S. With secondquarter gdp seeing its sharpest contraction on record. Rating switching from negative to stable. Oil was under a little bit of pressure because of
Of thousands of dollars worth of medical bills that they cannot pay. Woodruff all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by life isnt a straight line, and sometimes you can find yourself heading in a new direction. Fidelity is here to help you work through the unexpected, with Financial Planning and advice for today, and tomorrow. Carnegie corporation of new york. Supporti innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff big new numbers keep coming in the covid19 pandemic. The coronavirus has now killed more than 75,000 people in the United States and infected well over 1. 2 Million People, including someone whose work in the white hous
Medical bills that they cannot pay. Woodruff all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by life isnt a straight line, and sometimes you can find yourself heading in a new direction. Fidelity is here to help you work through the unexpected, with Financial Planning and advice for today, and tomorrow. Carnegie corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff big new numbers keep coming in the covid19 pandemic. The coronavirus has now killed more than 75,000 people in the United States and infected well over 1. 2 Million People, including someone whose work in the white house has brought him near presiden
Not that long ago, Department Stores were where you went to get new shoes for a Job Interview or something nice for a birthday gift. Marshall fields in chicago, beltz in atlanta, barneys in new york. The oldest and most storied though is lord taylor, 1826 which means it survived the civil war and the great depression, but it could not survive the modern day. Lord taylor faced the same problem all other stores have faced. Ecommerce, a changing clientele, declining foot traffic at malls. Lord taylor started Closing Stores until rescue came from the strangest of places, an upstart San Francisco Company Called la tote run by a couple of young men who have probably spent very little time inside an oldfashioned Department Store. They paid a paltry 75 million for the iconic store chain. Rakesh, ceo of la tote andceo of lord taylor joins me this morning. Thanks for having me, scott. It surprises me that the hutzpah buying a major, major chain. How did that come about . We were talking about a
Two stories tall. There have been several fires in encampments underneath bart tracks before and last year a man who live in a wooden shed in west oakland died in a fire. Still, advocates say the citys plan to destroy these streak tou streak tours is not the solution. A lot of residents put sweat equity in them. Some have concrete and tile flooring and decorations and roof. Everything. Its a big blow to lose the structures. Reporter the oeast oakland collective is raising money to buy tents that will go right where the structures are now, underneath the bart tracks. Cesar said the city may tear down his home but he plans to stay right in this spot. Thats all i got. Reporter this is all you have . Uhhuh. Reporter what if they take it away . I have to sleep in outside. In the street. Reporter now city officials here acknowledge putting those tents in the same spot directly underneath the bart tracks is not an ideal solution. They are saying they will take a little bit of time hopefully t