Plus, relocation, relocation, relocation. Read it has a plan to let its employees work from wherever they are. But what are the consequences of such an arrangement question we ask the ceo, steve huffman. The u. S. Has identified in iran and russia for meddling in the election. We talk about how pervasive the menace is and is potential harmful effect on democracy in our continuing to electioneering series. First, it was an ugly day for u. S. Markets. Tumbling in the worst stock rout in months. Rising cases of covid19 in the u. S. And europe and locked on measures in countries like germany and france accelerating the drop. We get the big picture from Abigail Doolittle in new york. A lot of forces at play today. It. Us through abigail over all a brutal day for stocks and risk assets on a combined basis. You mentioned the different forces. Of course there is uncertainty around the election, but i would argue the biggest force is the virus resurgence in europe. The german dax fell more than
Of mr. Trumps closest aides, hope hicks, also tested positive for covid19. Natalie brand is in washington. What do we know about the condition of the president and the first lady . Reporter well, a Senior Administration official tells cbs news the president is in good spirits. But huge questions and uncertainty remain about what happens next. The schedule ahead, the timing of this a little more than 30 days from the election. In a tweet just before 1 00 a. M. , President Trump announced both he and First Lady Melania Trump have tested positive for covid19. The president wrote, we will begin our quarantine and Recovery Process immediately. We will get through this together. So i just went for a test. And well see what happens. Who knows . Reporter the Stunning Development came hours after President Trump confirmed to fox news that one of his closest aides, hope hicks, had tested positive for the coronavirus. She tested positive. And i just went out with a test. Ill see we spend a lot of
Written materials. You are the ema offices that required for all meetings. I expect all members to wear a mask expect when speaking. I recognize myself for an opening statement. More than a year ago, this subcommittee launched an investigation into Digital Markets. The twoives b have been to document problems and since then, weve received millions as well as conducting hundreds of hours of interviews. There were experts here, the subcommittees Ranking Member. We work closely with all members who have taken this work seriously and study the issues. This is the most bipartisan effort ive been involved with. The purpose of todays hearing is to examine the dominance of amaz amazon, apple, facebook and google. Amazon runs the Largest Online marketplace in america, c capturing 70 of all online marketplace sales. It operates across a vast array of businesses from cloud compute i ing. Apple is a provider of smart phones with more than 100 million in the United States alone. Services include fi
Good morning, everyone. In anticipation of seeing a proposal finally from the other side of the aisle and other side of pennsylvania avenue, i invited the distinguished leader in the democratic leader in the senate to join us today to have some observation we thought we would have in hand well see. We come together on a day that marks for the 18th straight week the 18th straight week more than 1 Million People have filed for unemployment claims. We come at a time where we predict we will reach 4 million cases in our country. Whats important about that is the steam roller that it is. The akscceleration it has. It doesnt diminish because people filed for Unemployment Insurance so we must have reach the peak. It continues. This is the trump virus acceleration of all of this. Listen to. It took just about 100 days to reach 1 Million People infected. It took 43 days to get to 2 million. It took 27 days to get to 3 million. And 16 days to get to 4 million. That acceleration is an assault on
Industry. They took questions about the use of thirdparty seller data and allegations of anticonservative bias. The subcommittee will come to order. Without objection, the chair is authorized to declare recess at any time. Welcome to todays hearing on marketing power. Amazon, apple, facebook, and google. I would like to remind members we have established a distribution list dedicated to circulating specific motions or other written materials members might want as part of our hearing today. If you would like to submit materials, submit them to the email address distributed to your offices. We will circulate materials as quickly as we can. Thatld also remind members face coverings are required for all meetings in an enclosed space such as Committee Hearings. I expect all members on both sides of the aisle to wear a mask except when you are speaking. I recognize myself for an opening bateman Opening Statement. This committee launched an investigation into Digital Markets to document compe