More in payroll pay. And ford unveils the new f150 with new options including handsfree driving it is friday, june 26, 2020. You are watching Worldwide Exchange on cnbc. Good friday morning. Im dominic chu in for Brian Sullivan we are seeing a bit of negative activity right now, the s p is implied lower by about 12 points the dow would open down by 170 and down another 14 points for the nasdaq this represents moves off the low so far on the treasury yield side of things, we are seeing movements across the yield curve slightly lower at 67 basis points or. 67 ticking higher at 18 basis points or. 18 there the fed announcing it will force big banks to suspend share buy backs and cap Dividend Payments for the Third Quarter. The firms must resubmit their pay back plans the fed found several banks could get too close to capital levels amid the pandemic induced slow down. Shares of nike, dow component as well the company posting an unexpected loss. Was hurt by Retail Store Closures the wholes
Pandemic and who are the damnable profiteers who state attorneys general should be busting right and left lets ask the university of massachusetts Professor Emeritus Richard Wolfe richard as we wait instructions to return to our t americas broadcast headquarters in washington where cleaners look like theyre mopping up plutonium weve been issued a 17 page manual handsome instruction book for re entering the workplace now is a long time consultant im green with envy i can only imagine how many billable hours went into producing that document but for what other products and services is this pandemic a legitimate gold rush and richard who are the opportunistic profiteers. Well there are so many it kind of lago to the mind on the one hand you have the hustlers and im trying to are like the people who are using a social media on the internet to sell fake medicines to sell fake cures to sell fake vaccines and to sell all manner of things that are going to protect you from the virus and from g
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Is this pandemic a legitimate gold rush and richard who are the opportunistic profiteers. Well there are so many it kind of londell to the mind on the one hand you have the hustlers and im trying to are like the people who are using a social media on the internet to sell fake medicines to sell fake cures to sell fake vaccines and to sell all manner of things that are going to protect you from the virus and from getting sick. Much of that is illegal and many of the claims involved are straight out of the regal but its going on its very hard to stop it exists both in the United States and in the larger world so thats one con but even when you get upset about it its a small amount of money compared to what you might call the legitimate examples like you were mentioning of levy strouds with the genes. Lets take one example amazon where you cant go to a store safely when you dont want to get joe masks and gloves on and all the rigamarole what do you do you use a Delivery Service amazon is a
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