Its not difficult to be crabby when you are basically living hand to mouth with government stimulus. I thought that encompassed the markets perfectly for a day like today. A lot of earnings coming out. Delta looking at a 50 cut in daily cash burn by the end of june. In terms of their First Quarter loss, they had about a . 51 loss , and revenue was down 18 year on year. As we expected, pretty brutal when it comes to delta. Baker hughes, oil services company, saying the outlook for oil and gas is certain. No kidding. The revenue down by about 4 year on year. 0. 11, acoming in at little bit light. Lets get you some of the headlines here. All of todays market moving news from new york, as will is washington. Brent crude getting sucked into the lowest level since 1999. Bloombergs part two thought to be role bloomberg spoke to thought he be role spoke to fatih birol. Some of the countries are cutting their production earlier than announced. Others joined them. If others do not follow the ste
Tragedy, and germany leading on trying some way to get back to normal. Francine germany is a good test, but if you look at the number of lockdowns and when it happened, various countries also have very different patterns. They are similar in some ways but depending on when you started the lockdown you will have a Different Number of infected. I have been looking at mathematic modeling and out of europe, the u. K. Comes up with the moats most deaths. We look to germany to see if there is a solution. Some setbacks, singapore having a tough go of it. The United States, you looked at , andectors of the pandemic massachusetts and california having a tough number of days. Right now, we need a news briefing. Viviana the u. S. House could vote on the pandemic measure as early as tomorrow. The Senate Passing a 484 billion release relief package, including money for the tapped out program to aid Small Businesses and aid for hospitals. Immigration and president donald trump, he announced he would
Any mutualization. Vonnie we are seeing a nice bounce for equities today. The dow in the s p both up 1. 5 to 1. 7 . The nasdaq up 2. 1 . All Industry Groups in the s p 500 higher, even though we are off our highs for the day. The one teetering on the edge is the home wherein transportation index, but they are basically flat to down 0. 1 or so. Some good earnings overnight. Many companies, including kimberlyclark, just getting rid of guidance altogether for the year because it is just impossible to know how the rest of the year is going to pan out. The likes of twoputt lake the likes of chipotle up, and Companies Like halliburton up. Diamondback up 8 , bouncing after getting absolutely hammered the last couple of days. Lets carry on the conversation about what is happening in the crude market, a big focus right now. Following that report on inventories. Weve also got the president s comments on what could happen the gulf when it comes to iranian boats. That is having an effect. Brent bo
Thank you very much for joining us after days of denials iran has admitted its military shot down a ukrainian passenger jet by accident killing all 176 people on board but ukraines president says quote for admission of guilt and an official apology us still required the plane crash only after takeoff from tehran on wednesday after iran 5 missiles saw getting u. S. Forces based in iraq we begin our coverage with this report from catch and opus haya. Iran has admitted its military unintentionally shot down the street crimi in plain killing all 176 people on board president Hassan Rouhani has described it as a great tragedy and unforgivable mistake irans foreign minister to votes the reef express his condolences human error he wrote at a time of crisis caused by us adventurism lead to disaster. This i say to readiness the fact that everybody is expecting some sort of retaliation from the us that some low level operator sitting in a missile battery ole miss its all blip and launched a miss
Clerk general Public Comment. Members of the public may address the commission for up to three minutes on any matter within the commissions jurisdiction and does not appear on the agenda. Speakers shall address their remarks to the commission as a whole and not to individual commissioners or Department Personnel. Commissioners are not to enter into debate or discussion with a speaker. The lack of a response by the commissioners or Department Personnel does not necessarily constitute agreement with or support of statements made during Public Comment. President nakajo madam secretary, at this time, is there any member of the general public that wish to make Public Comment, please step to the podium. Seeing none, Public Comment is closed. Secretary. Clerk item number 3, discussion and possible action to approve meeting minutes. Minutes on regular meeting on october 23, 2019. President nakajo thank you very much, madam secretary. At this particular point of the agenda, approval of the minu