Pound hole in its bottom line. Auto aid renault struggles to restart production amid faultering demand mixes messages from the hill was fed chair and secretary mnuchin give different assessments of the speed of the recovery they also seek to defend their stimulus measures from accusations they are propping up wall street at the expense of main street. Main street is in a class by it self really. Diverse small, medium and Large Companies different credit needs, some credit based, some asset based. It is a really complex undertaking. A warm welcome to the program. Lets kick off with the top corporate story. Marks and spencer has reported more than 20 decline. The company added that it with also accelerate a restructuring effort aimed at trimming costs during the pandemic. Lets get to steve who joins us outside an m and s store in london theyve been struggling to restructure for years now. Is it going to be different this time around . I hope so a lot of us have an historical knowledge of
Honoring Martin Luther king jr. All eyes , he did not respond to a single shouted question about comments made in the oval office in which sources say he referred to haiti and african countries as best whole countries, a pg version of all this. Keep in mind the white house does not deny those comments were made, donald trump did take to twitter to clarify at least if you want to call it that how he sees it. Here where his tweets, the language used by me was tough but this was not the language used was what was really tough was the outlandish proposal made, a big setback for daca. Speaking of haiti he said never said anything derogatory about haitians other than haiti is a very poor and troubled country. A wonderful relationship with haitians, and trust. At this meeting, handful of different lawmakers presenting a proposal for daca. Dick durbin, one of those inside the meeting, the conversation surrounded temporary protected status for some in the United States, the conversation turned
Five years. Our road map begins with the selloff in the markets. Renewed concerns about the economy. Just out, abercrombie and fitch ceo stepping down. A controversial figure on cramers wall of shame. Stocks up 8 . Verizon with a warning, a surge in new subscribers, but promotions and price cuts are going to hurt profits. First up, stocks on track to extend losses the day after the s p recorded its worst day since october. Got weakness in the energy sector. Got worries about the fed changing language. On december 16 and 17th. Something you were tweeting about at 4 00 this morning. Right. One of the things you have to accept is when we are doing better than everybody else, its ridiculous for the fed to stick by the considerable time. A lot of time has passed. Considerable time, there is a finite moment. If you keep saying considerable time, you are getting closer to that moment and were there. I dont even think necessarily that is whats causing this. China was just a big reversal. Greec
Opportunity for our economy to recover as quickly as possible. Boris johnson reviews the coronavirus lockdown with his cabinet, having suggested some rules could be eased from monday. Analysis of deaths from coronavirus in the uk reveals that the risk of dying from covid 19 among some ethnic groups is significantly higher. Just adjusting for age, we saw that the black ethnic grouping was just over four times more likely to die of covid related issues than the white group, and the bangladeshi and Pakistani Group was about three and a half times more likely and the indian grouping about two and a half times more likely. Hundreds of thousands of surgical gowns, ordered from turkey last month, havent been given to nhs workers because they dont meet british safety standards. A massive gas leak at a Chemical Plant in eastern india has killed at least 13 people, with hundreds more taken to hospital. Hello and welcome to audiences in the uk and around the world. Were covering all the latest co
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