Transferring from one administration to an other. Good morning, and welcome to talking transitions. We all woke up to shocking news this morning so before we get started, let me give our best wishes for a speedy recovery for President Trump, the first lady, and all the officials who work closely with the president. 3, month out from november americans have started voting in the most president ial election in a generation. President elect joe biden or reelect President Donald Trump will face a double digit unemployment situation, growing pandemic, a reckoning on racial inequality. These problems is the federal government and the federal government needs to be effective. Why it is critical for effectiveness on effectiveness. A smooth transition this year is not enough. Bestyear will be the transition ever in american history. Should President Biden win, the challenges are daunting. In normal times, a new president a 78 day. Bank to form a government, select more than pout 4000 political
Heart of the trump ar a. We ta to jim carrey about writing a novel and some good news for a change, donald trump is pretending to take coronavirus seriously again. So lets do this. Well could welcome to the daily social distancing show. From trevors couch in new york city to your couch somewhere in the world, this is the daily social distancing show with trevor noahful trdz all right, people, lets kick it off with some ace ball news, thats right, baseball, marks pasttime and the sport michael swrord an cheated on basketball with. The coronavirus pandemic shut down the Major League Season before it could even start. But now teams are ready to get under way covid style. As Major League Baseball gets ready to resume play it turns out theyre going to be using crowd noise from a video game. The sounds will come from the game mlb the show, the league is hoping that combined with stadium announcers and walkup mus particular will make it sound like the stadium is are actually full. Yes. While
You are watching Worldwide Exchange on cnbc. Good morning to you, im dominic chu in for Brian Sullivan. Stock futures looking to extend gains after the 500point rally. Up beat developments on treatments and growing talk of stimulus on capitol hill s p higher three sessions in a row. The blue chips roughly 700 points shy near an 1800 point sell off the s p lost 180 points on thursday as well going worldwide with a mixed picture in asia. Just Getting Started plus big news out of one Investment Bank weighing job cuts. Julianna tatelbaum is in our london news room good morning good morning, dom it has been a choppy trading session. We opened flat and now we are seeing them come together after a very strong rally. The stoxx 600 ended 2. 9 higher. This morning, we have health care and industrials leading the charge travel and leisure and autos one getting attentions this morning that is hsbc the Investment Bank has revived the comment of job cuts and put on hold the plan to cut 35 jobs but s
The hospital fed chair jay powell told congress more stimulus may be necessary. A moment ago, looking at the dow futures. Up by about 67 or 70 points. S p up by 10. 50 and nasdaq up by 152. 10year at 0. 743 below yesterdays close. We have a huge line up again today. Amazing. Former Economic Advisor to president Obama Joining us about an op ed hes just penned. General motors Ceo Mary Barra with us. Investor Glenn Hutchens and Dallas Mavericks owner and netflix cofounder and ceo of netflix with Important News to share this morning some stocks to watch you might keep an eye on ar call revenue was a little short results would have been better but customers in hard hit areas postponed purchases including hospitality, retail and transportation clients shares of groupon reported a First Quarter loss that wasnt as bad as expected saying it was challenging, people turned to discounts on Warehouse Club members, flour delivery and e learning. I was willing to send some flowers. We waited up late
And when politics meets football. Protests take place in spain ahead of barcelonas match with real madrid. In just the past few hours, donald trump has become only the third president in American History to be impeached by the house of representatives. That sets up a trial in the senate, which has to decide whether he should be removed from office. The house is controlled by his opponents, the democrats. His own party, the republicans, dominate the senate. The strong expectation is that he will be acquitted in the senate. This is how the impeachment was formally announced. The ayes are 230, the nays are 197. Present is one. Articlei is adopted. A News Conference followed that vote. Nancy pelosi, praised her democrat colleagues at a News Conference. I could not be prouder or more inspired than by the moral courage of the house democrats. We never asked more of them or how they were going to vote. We never whipped the vote. And use all the public state m e nts vote. And use all the publi