Buffett is finding a new jewel for the Berkshire Crown after dipping into his 137 cash pile. Breaking today, uber eats is gobbling up postmates. It is official. Weve got more on the big m a deal to kick off your monday straight ahead. And Billionaire Elon Musk taunting tesla shorts, the stock shorts, with actual red satin short shorts as the ev giant stock hits another record high. We will talk about it. We will also talk to the ceo of the company thats building all the electric vehicle charging stations about his shocking Sales Numbers during the coronavirus crisis. The blink charging company ceo is here. And the ceo of impossible foods making a bold claim. He says the Meat Industry will be completely gone in 15 years. He will tell us how he will make the impossible happen. Less than an hour to the closing bell. Im Cheryl Casone in for liz claman. Lets start the claman countdown. Cheryl retailers such as target, walmart and Dicks Sporting Goods have dropped Washington Redskins merchan
Californias fourth largest city is a booming center of art, industry, and culture. Oaklands new glamour and prosperity are not shared equally by all of its citizens. Nearly half of the citys population is nonwhite and many are poor. They do not patronize the symphony or the museums. They dont use the coliseum or airport very much, nor do they hold their share of the jobs created by oaklands new industry, port and transportation facilities. Most of oaklands black and brown citizens came here from the south during world war ii, lured by recruiters for government and private industry to work in shipyards and defense plants. After the war, the shipyards closed and many factories moved to the suburbs, leaving most nonwhite workers behind. Technology put more workers on the unemployment and welfare lines, where they were joined by newly dispossessed farmers and farm workers forced off the land. During the 1950s, oakland became a stagnant, seating ghetto surrounded by oaklands allwhite Police
Across the bay have been making jokes about oakland. There is no there there, as opposed to a stay. The jokes may live on, but oakland is no longer the faces other city across today. Now, californias fourth largest city is a booming center of commerce, art, industry and culture. We but oakland new glamour and prosperity are not shared equally by all of its citizens. Nearly half of the citys population is non white and many are poor. They do not patronize the symphony or the museums. They do not use to coliseum what the airport very much, nor do they hold their share of the jobs created by oaklands new industries, port and transportation facilities. Most of oaklands black and brown citizens came in from the south during world war ii, lured by recruiters for government and private industry to work in shipyards and defense plants. After the war, the shipyards closed, and many factories move to the suburbs, leaving most nonwhite workers behind. Technology put more workers on the unemployme
Days, weve seen the dow up over 1,000 points a gain of 553 yesterday and 529 points on tuesday. Looking this morning at the dow futures indicated up another 105 points we are back above 25,000 for the First Time Since march when watching the dow s p is up just under a point the nasdaq down around 54 points both of those indexed were hire yesterday as well. The 10year looks like it has been yielding around where weve been around 0. 677 we will continue to watch this this morning we have a lot of big guests coming up. Now to the moment weve all been waiting for. Joe and andrew, ill send it over to you. What moment would that be well be in a twoshot we are good we spoke yesterday we are good. You didnt have much time. We made the news. A few comments. People seem to have differing opinions he wasnt able to talk much. We were moving on. He had zuckerberg. We dont have time to dwell. Weve been together 10 years longer than many marriages we have our moments but we will disagree but not be d
White hou on remdesivir and looking past chinas first gdp contraction in 40 years oil below 18 is something to watch. That report out of stat news reflects how much hope there is, whether its remdesivir or Something Else for an effective treatment going into the fall. It does it may also reflect thin trading having spoken to a number of people this morning who are wondering whether or not you can have big moves in the market with just a billion dollars of futures being bought, which may seem like a lot, but is not. Because, you know, you have a lot of Fund Managers who tighten risk, they took down their net exposure, perhaps they didnt kel quite a sell quite as much its unclear how much buying power is needed to move the market in a significant way. Remdesivir itself is important were all hopeful that it is going to actually have an impact on the outcome of the disease for those who get very sick and end up in the hospital but it is not going to be what we call a chain terminator it is