Raleighdurham. The president is about to step out of that plane. I can tell you right now, we are going to be there with cameras because back in d. C. , theres another huge story developing. The congressional antitrust sharks are circling. In less than 48 hours, jeff bezos of amazon, apples tim cook, google alphabets Sandar Pichai and mark succeed you azu facebook will be the ones in hot water. It is the First Time Ever that all four will simultaneously be taken to task by law makers. If congress is smart, okay, i know, if congress were smart, they would get suggested questions from this guy. Basecamp cofounder and chief technology officer. He hes the only one who has taken on three of the four and lived to tell about it. He will reveal the number one question he says congress should ask each of those tech titans that he says will cause crumbling. Plus, could a new u. S. china ticking time bomb threaten social medias hottest name . China economic insider derek scissors gives his threat
We are up 96. Just a second ago we were kind of below that so youve got to stay with us with the whole hour. The dow, by the way, which had been up as many as 219 points earlier, was down, up, down, up, now it is better by 72 points. We are watching all of this as investors weigh rising coronavirus cases which now top three million and balancing that, positive news on the vaccine front. As businesses wait and wonder when they can reopen, one of the nations hottest franchises is warming up its massage oils. The hand and stone massage and facial spa ceo, there are hundreds of them, he is here to tell us what hes seeing at his 460 plus locations and if hes hanging out the help wanted sign. A fox business alert, we are minutes away from President Trump and mexican president Andres Obrador signing a joint declaration celebrating the yearslong fight to recraft the u. S. Mexico canada trade deal. How closely will not just china but u. S. Auto companies be watching and maybe worrying . Plus, w
By the way, twitter is among many of the names dragging the markets lower as we head into this final hour of trade. Worries over spiking coronavirus cases and hospitalizations in nearly every state are drenching the bulls right now. As i said, dow jones 267, thats pretty much close to the session lows. Same with the s p and nasdaq. We do have a loss of 117 points on the nasdaq. As covid cases spike, many restaurants have been forced to flip the script along with the burgers, as hot spots close dining rooms that have recently just reopened. How are they doing that . Some just throwing up their hands but not the ceo of one burger chain. Hes here to tell you how hes dealing with moving goal posts that are pretty much moving every five seconds. Look at this. This is really worrisome. Water pouring into new yorks lincoln tunnel. Another example of the nations crumbling infrastructure. President trump has been complaining about this for years and now he is cutting reams of red tape at a reco
I want to take you live right now to the ups airport hub in atlanta, georgia, where you can see the crowds forming. At any moment, President Trump is expected to announce a new policy that he says will expedite and modernize the approval process for major Infrastructure Projects across the united states. Projects that often take years to complete, they take so long sometimes, Companies Just abandon their effort. We are going to take you straight to atlanta as soon as the president makes what could be a marketmoving remark. The bulls are still humming but they were singing at the top of their lungs earlier in the session. Dow jones industrials had spiked 428 points. Its up 129 right now. In the Early Morning move, there was very encouraging news out of moderna. Modernas experimental Covid Vaccine produced virusfighting antibodies but investors appear right now to say you know what, we still want the buy stocks but they see the rally as an opportunity maybe for a little sector rotation o
When it happens. Weve got our eyes on that. We are also going to talk to the president of k12, the Largest Online Education Company in the country. Hes going to tell us what he wants to hear from the president as Virtual Education takes a larger role in the lives of american students. It may be the education they have come fall. We dont know yet. Meanwhile, restaurants across the nation getting swamped as reopening plans get sunk in some areas, while others push closer to indoor dining. Cameron mitchell restaurants owns ocean prime restaurants with locations in both hot spots and areas that are recovering. The owner Cameron Mitchell is here to talk about dhthe challenges of dealing with these changes along with keeping his businesses afloat. Markets are slipping late in the session. Red across the board. The nasdaq just went into negative territory a few moments ago. If we can pull out green, it would be the 25th record close. Dow down 266, s p down 18, nasdaq down 25. We are going to