There. 10 year yield popping a little higher now, helping the banks. We have Energy Higher even with oil down but a little bit of a reopening flavor and the bulls are trying to hang on. David tech is a little soft and one might think that would have to do with google, but that is not the worst. Alphabet had actually been popping shortly sharply higher largely priced in, the u. S. Filing this antitrust lawsuit, republican state attorneys general as well, not. O surprising not so long ago, down about. 4 . Trying to figure out what this means. Many experts saying it could take a long time for us to go through these courts and the company itself saying they are not forcing consumers to use their product. It is a strength of their and amazon shares will be weak. We always have to keep an ion the complex. Never a dull day. Thank you for that report stop we are taking a look at pennsylvania as part of the swing states series and today, a democrat from philadelphia to take us through the race
And defiance. Curfews and closures. Europe tries to slow the second wave of coronavirus that is threatening the continent by introducing new restrictions. We will take a closer look at restrictions here in germany. Plus, touch and go in outer space. A nasa spacecraft will attempt to get samples of rock from an asteroid. Im brent goff. To our viewers, welcome. We begin with the u. S. Government and google. The government today filed a landmark antitrust lawsuit against the Search Engine giant. It claims it has been using it dominance as a Search Engine to fend off rivals. Google controls about 90 of global web searches. It has long denied claims of unfair competition. The lawsuit claims that google uses billions of dollars to pay telephone manufacturers cell phone manufacturers to make sure it is the default browser. For more now, we are joined by our washington correspondent. What is google being accused of . The allegation is that google is unlawfully maintaining a monopoly and it is
The midst of the pandemic. U. S. Stocks rising today despite no new stimulus. Yet, even shares of google. Alphabet shaken off the threats of antitrust scrutiny. Joining us, abigail doolittle. Why would google shares rise on a day that the Justice Department is filing a suit that could threaten to break google up . Abigail not the response you would expect from Investors Committee u. S. Suing alphabet usingcusing it of monopolylike powers. This is not exactly new. Theres been many shots across the bow. We have had executives from many of these Big Tech Companies testifying before congress for a couple of years now. The fact that google is underperforming on the day. At one point, it did dip briefly lower. You could make the case that it is really priced in. The stock price over the time period when we have seen some of the congressional testimony, it has underperformed some of the other Tech Companies, telling you that there could be some idea that investors are not surprised by this. W
Lou the president s call to action, a similar call for nearly a dozen house members led by ann duh biggs. Andy bugs. Any special counsel appointed by barr would likely come from within the demonstrably biased and corrupt department of justice itself. The American People dont have time toll wait for another report. Just two weeks remain until election day. Millions of americans who havent already voted need to know the full extent of the Biden Corruption and know it now. And without the reporting of the New York Post and now dozens of other news outlets, they would have no idea of what is going on. They need to know, for example, that and hunter biden peddled their influence into the white house to secure lucrative multimillion dollar deals in china, that joe biden clearly lied about having no knowledge or interactions with the Ukrainian Gas Company burisma while he was Vice President of the United States and his son hunter was sitting on burismas of advisers. Board of advisers. All of
Media, National Security and intelligence. This is an hour and a half. Without objection the chair may declare recess at any time. Before i begin, i want to go through the usual housekeeping matters. First, todays session will be conducted entirely on an unclassified basis. All participants should refrain from discussing any classified information. The committee is conducting the virtual hearing in compliance with House Resolution 965 and regulations for the committee proceedings. Its being broadcast live on the committees website. Because the threat posed by the pandemic is ongoing we will do this remotely to ensure the safety of the witnesses, members, staff and public. While we wish we could return to all standard inperson events, health and safety particles dictate we find alternate means of carrying out our obligations. Okay. So, let me remind members of a few remote procedures. First, consistent with the regulations the committee will keep microphones on mute. Members are respons