247 news live from the russian capital this is your r. T. International money and you know the welcome to the program. France is advising its citizens living in or traveling to muslim countries to exercise caution their protests erupted over the french Governments Defense of the right to show publicly caricature of the prophet muhammad. It is recommended to exercise the greatest vigilance especially while traveling and in places that are frequented by tourists or expatriate communities this warning has been issued for those traveling and living in some muslim majority countries and it comes as there are rising tensions between france and those countries over comments made by president in the wake of that terror attack the beheading of teachers senator patty president said that he would defend the right to show controversial cartoons of the muslim prophet mohammed now there is this huge anti sentiment that is is sparked up in the wake of that with protests now in many majority muslim co
They have agreed to a loan of 5. 5 billion from the Treasury Department you may remember they initially had an agreement on 4. 7 billion to be borrowed they have up sized it to 5. 5 billion. They have to take a draw of at least 10 . Theyve drawn down 550 million today. What does the Treasury Department get for this . 10 of American Airlines if american borrows about 9 billion, the Treasury Department will get americ 900 million if youre keeping score, american is now sitting on more than 42 billion in debt the stocking is moving higher in the after hours session it remains to be seen if they will need to borrow but the fact that they have said we may need to borrow another 2 billion in addition to that 5. 5 billion, its clear they realize theyre in for a rough six months here you will not see a big increase in passengers. That means its going to be tougher to get back to break even. A crazy low price target on this, it was 1 or 2 price target on american it is known as the weakest Bala
Close proximity to a president ial election. We will hear from him throughout the day and the focus will turn to the jobs report. After u. S. Unemployment claims figures even this reading of the labor market we will be joined by larry kudlow from the white house for his reaction. Lets get to our main markets story. U. S. Stock futures continue their slide after the main gauge clocked its biggest plunge in three months, tech shares took in a selloffeating that knocked down the highest flyers. To put it all in context is dani burger. 750 billion wiped off the nasdaq, a painful day especially for a lot of the retail favorites, like tesla, falling down. Let me show you how this breaks down the chart. I want you to concentrate here, the nasdaq composite versus the s p and the equal weighted version. You can see most of the past month on the way up the nasdaq leads. The green day is the biggest so far. This little chunk at the end of the chart, you can see the biggest chart is the nasdaq fal
Announcer tonight on late night with seth meyers, jim belushi. Star of hbos succession, actress sarah snook. Author of must i go, yiyun li. Featuring the 8g band with fred armisen and no Seth Meyers Seth welcome to late night. Hows everybody doing tonight . My parents are visiting me right now. So im doing great even though im apparently a little skinny and i curse too much and isnt it a little early for a cocktail, seth and anyway, lets get to the news during a press conference yesterday, President Trump claimed that the 1918 spanish flu probably ended world war ii. Are you kidding . They were more than two decades apart. I know you dont think thats a big difference, but it is. It is. Thats right, President Trump claimed that the 1918 spanish flu probably ended world war ii despite the two events happening more than two decades apart. Look, i get it its confusing were in the year 2020 and somehow the only band on tour right now is smash mouth i mean, the years start coming and they do
A president of the central bank it turns out before they will be able parliament to close off on that i am for the commission president. If elected she would be the 1st storm and through the day you have got a commission i would be happy about it after all europe is a woman. Also coming up tonight u. S. Lawmakers shocked and angry after seeing for themselves how migrants at the border with mexico are being treated. These women were being told by c. B. P. Officers to drink out of the toilets they were Drinking Water out of the toilet and that was them no one with a congressional visit was coming that was mrs c. B. P. On their best behavior telling people to drink out of the toilet. To our viewers on p. B. S. In the United States and all around the world welcome we begin the day with history in the making here in europe for the 1st time ever a woman has been nominated for the top job in the European Union tonight in new leaders after days of exhausting negotiations agreed to support ursu