Terrifying early days and with it a reason to be hopeful. And President Trump saying nope to the virtual debate he wants to get back on the road it is friday, october 9, and this is Worldwide Exchange right here on cnbc everybodys working for the weekend especially wants a new romance with all due respect to lover boy, no, we are not. Lets all agree, you and i, im looking at you, it is 5 00 and were not working on the weekend, were going to rest and im going to sleep all weekend good morning, good afternoon, good evening and welcome happy friday, even im Brian Sullivan lets kick it off with stock futures because they are higher. Dow futures up 96 points, the major averages all coming off their third positive session in the last four. And the dow quietly on track for its best week since early august and file this under you cant keep a good market down. The dow transports higher once again yesterday hitting yet another record high, that index up more than 4 since monday trucks and trains
Vaccine. And we start out with breaking news on disney, putting distribution in the center part of its business. Julia. Thats right. Disneys reorganizing its Media Entertainment business to accelerate its direct to consumer strategy. It says this is in light of the success of disney plus the move divides content and creation and content distribution, creating a new median entertainment distribution group, this group will be responsible for monetizing all content including ad sales and digital platforms liking disney plus the new division will also oversover see operations of the streaming service. I would not characterize it as a response to covid i might say that covid accelerated the rate at which we made this transition, but this transition was going to happen anyway because essentially what we want to do is separate out the folks who make our wonderful content based on tremendous franchises from the Decision Making in terms of where the prioritization is in terms of how it gets com
Coronavirus. Good morning. Good to be with you. Im anne marie green. We begin with President Trumps battle with the coronavirus. He remains hospitalized this morning. His doctors say he could be discharged as early as today. Overnight, the white house released this picture of mr. Trump working from a Conference Room at Walter Reed Medical Center where he is receiving treatment. The president was flown there friday. From outside of that hospital in maryland, what is the latest on the president s condition . What do we know . Annemarie, the president has been receiving a variety of treatment. Including a steroid that is normally reserved for those quite ill. Still the president s doctors say he is the president wanted to make that point in person. He thanked the staff in a video he tweeted thursday afternoon. The nurses, doctors, everybody here. Ive gotten to meet soldiers and first responders. What a group. The president took a ride outside to see his supporters. With secret service in
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
University system. Retail post pandemic getting perhaps even grimmer as another Department Store set to announce bankruptcy taking on the fed. Druckenmiller calling out the fed. It is wednesday, may 13. You are watching Worldwide Exchange here on cnbc good morning, good afternoon, good morning welcome. Im Brian Sullivan thank you for spending your time with us here on cnbc it is a big news day from wall street to watch. Futures are basically flat, slightly higher. It could change. It is early. The dow closing down another 450 points yesterday for the second straight day of losses the nasdaq finally snapping a sixday win streak falling more than 2 on the day yesterday, futures basically flat now as well as investors continue to weigh comments from dr. Fauci warning of a second outbreak this fall if states move too quickly to reopen my approach towards the possibility of a rebound and second wave in the fall is that, a, it is entirely conceivable and possible and, b, i would hope between