Candidate, al smith. Formerly formally introduced Kamala Harris as his Vice President shall candidate earlier this week in wilmington, delaware. Vice president me joe biden and senator Kamala Harris. One, the with each more i learn about them the more i talked to them, the more impressed i was, even though i knew them before. I want to thank each of them for being a part of this process. I look forward to working with them as we rebuild this country, to get elected, and once we are elected, god willing. I approached this with a seriousness of purpose and mind because this is a serious moment for our nation. We are at one of those inflection points. You have heard bc that before in our history. Me say that before in our history. A life changing election. The choice we make this november will decide the future of america for a very, very long time. Choice, a great opportunity great opportunities. I had great choice, but i have no doubt that i picked the right person to join me as the nex
Before the house antitrust subcommittee lets get straight to kayla with the details. Reporter four hours in and a third round of questioning underway as republicans challenge apple, amazon, facebook and alphabet on political censorship and democrats take aim at the size and power the companies have amassed. Here is David Cicilini our founders would not bow before a king, nor should we bow before the emperors of the online economy reporter these four horsemen of the Technology Industry responded in kind saying, in fact, they each face healthy competition in their respective fields competition drives us to innovate and leads to better products, more choices and more choices for everyone. Customers have a lot of choices and there are products that face fierce Competition Companies like samsung, lg, huawei and google. Were okay with that. I there are concerns about the size of Tech Companies our services are about connection and our Business Model is advertising and we face intense competi
Amazon apple and microsoft with a run clipped midday when the fed chair said he wasnt thinking about thinking about raising rates. Does zero forever, what does that mean for this rally at this point . Well, it means, you know, everybody said it so much splitting the at tom here. Weve very much gone the route of japan i think its absolute madness. I have no idea why he count hld have just said we remain data dependent and thats it. Ill say this, that to me seems to be the same autopilot today statement that he said back in october of 2018 on the other side that he got frikaseed for i think the fed and Central Banks globally are the main reason we are seeing this huge chasm between the have and have n nots when i heard that, i automatically thought, and maybe this is just my nature, that things must be really bad if hes saying that hes not thinking about thinking about raising rates, that were that far off from even contemplating that move. Well, yeah, it was a little mo more downbeat th
Gene munster is gearing up for both of the calls. We kick things off with apple which is now negative after a brief pop after the release and josh lipton spoke with tim cook. Josh, whats the latest . Melissa, one question i had for tim cook is what hes seeing in china obviously, so important for apple as a key link in that cups supply chain and also as an important end market. I asked him what his iphone demand looked like in china and whether you can extrapolate for that and china is the leading indicator for possibly europe and the u. S. And cook telling cnbc there is a significant, steep falloff, and that began to recover some in march and weve seen further recovery in april and it leaves room for optimism. Its hard to tell thats a leading indicator and there are differences and the u. S. Has had a bold Stimulus Program and i think that will clearly help and im optimistic of the pace of the recovery in the United States i asked him about the work from home trend and so many millions
Heads for turkey but this is the same officials one of whom says its insensitive and irresponsible to hold the games. But im sure of the way to track hundreds of people across the world who may have been infected with corona virus during an event in malaysia the country has shut its borders to all travelers after registering 2 deaths and 790 cases many of those cases live links to a religious gathering of 16000 people in the capital elsewhere a story and speaking told not to leave the country its declared a human biosecurity emergency giving the government the power to seal off cities and impose curfews the United States has announced a one trillion dollar plan in a bid to try to lessen the economic fallout in less than 30 minutes well see if thats calm Financial Markets when they open in new york and in italy patients are being moved to a new Treatment Center in rome more than 30000 italians are infected the death toll there has passed 2500. Well lets begin with that story out of mala