Books and ebooks are sold. And now todays Senate Commerce committee hearing, lawmakers examine the effect the pandemic is having on keeping rural is having on keeping Rural Communities connected via broadband. From this morning, this is about 2 1 2. Come to order. Welcome, welcome. Today, the committee convenes to discuss the state of broadband and thank them for appears. Today, we will hear from mr. Steven berry, and miss shirley bloomfield. Chief executive officer of mtca, the Rural Broadband association. Mr. Gene kimmerman who will be appearing and testifying remotely and mr. Jonathan spolter. As the administration and centers for Disease Control and prevention encourage social distancing to prevent the further spread of the virus, normal activities like school and Health Care Services are kreinsingly taking place online. This has caused a huge uptick in the use of broadband. One estimate shows average Broadband Usage is up by 47 since the pandemic began. Good news is that theres be
Videoconferencing service that has taken the world by storm. That is zoom. This is a service that has been a lifeline keeping families and businesses together, but he has also been dogged by security issues, privacy issues, zoombombing. Ceo aboutth the zoom what he is doing to combat all of this. Lets take a listen to that conversation. Beautiful. Time, they do not have an i. T. Team. We give them a very strict security. Password. Emily i want to give you a sense that i want to get a sense of what it is like. You go from 10 million to 200 million users in the matter of a week. Funerals and schools and families celebrating passover. Hard are working extremely for almost a month now. Capacity and the traffic and make sure the service is up. It is really, really challenging. Cost and alln the of our employees working so hard. We have had pr and privacy issues. Banned by have been school districts, the governments of taiwan and germany for official use, google. Tesla, spacex. How many cust
Optimism grows over flattening curve in some areas of the countries. Signs that lockdowns could be having positive impact. 7 and 3 quarters percent yesterday, take a look. Pretty good rally at the end of the day as well. Dow industrials up yesterday, nasdaq up 540 and s p up 175. President trump announcing a deal with 3m to supply medical masks and he said he had a, quote, wonderful call with former Vice President about the coronavirus response. We have you covered this morning about the pandemic and markets and beyond with allstar lineup you do not want to meet miss. Plus what other possible rounds of stimulus might look like, phase 4. The Dallas Mavericks owner mark cuban is here on what should be done to help businesses survive pandemic. Heros stepping forward to help the world on time of crisis. Mornings with maria live now. Big show this morning and big rally underway, lets take a look at Global Markets which are mimicking the wall streets gains today. The cac quarante is up 118 a
Than 2 , that would be breaking the streak again today. We are seeing Dollar Strength continued to climb and crude is up 3. 5 on news we expect saudi arabia and russia to try to get together to figure out how to cut back some of that supply. Flipping up the board, i wanted to take a look at the residential market, in particular rates we have been looking at. Ellington Residential Mortgage rate is one i am looking at. It is up 50 verso. It is having its biggest intraday gain ever. It did provide updates on its portfolio and business operations, which is giving investors a relief. They did come out and say they have met all of their margin calls. They lowered they lowered their leverage position to a strong liquidity position. There is a lot of focus on the commercial mortgage and the residential market, how this would fare. Today people are less concerned about the health of the mortgage market. David . News. I like good to what extent is some of the lift we are seeing inequities Short
Once again this morning, for medical professionals we will use 202 7488002. If you would like to text us, that is 202 7488003. Just make sure that you include your name and where you are texting from. On twitter we are at cspan wj. You can also post your comments on facebook. You may have seen a moment ago the tracker that we are following, the johns Hop University tractor, cases at 609,000. Confirmed deaths, 26,059. Worldwide cases are just about 2 million now. The number that you see here, 7905 deaths in new york city, Scott Gottlieb tweeting this morning about that with a chart saying that the positivity rates of new daily tests in new york are showing signs of a gradual decline, but still very high. This is one data point to watch to gauge the direction of the new york epidemic. A different with story, the New York Times, reporting that a review among passedk city deaths has 10,000, new york city, already a world epicenter of the coronavirus out rake, sharply increasing its death t