Complete decoupling from china. China and the u. S. Really in the focus. Decouplingthink that , interesting to hear out of the president s mouth. Definitely a lot of chatter that that could be the trajectory. We did see, even though we finished flat on the day, we did see some strength. A lot of those stayathome names, the zoom info. We mentioned this a little bit earlier, spotify having a monster day. They have been buying up all of these sort of podcast companies. They now have this deal with dc comics. Everyone has a deal except us. Taylor i will just ignore that entire thing. He did mention the retail investor. That leads me into the next thing that i want to talk about. It is thursday, which means we get that survey from the retail investor. They got spooked last week. Sincergest weekly fall january, down to about 47. 8. Clearly, some of the bears coming back out after seeing some of the bull action activity that we have been increasingly talking about. U. S. Off 13 . 50 million i
Lebeau a moment ago on the airlines and he is back with breaking news regarding american. Take a look at shares of american, the airline is announcing starting on july 1st, starting next wednesday, it will fill its planes completely remember until now it has capped its load factor or the percentage of seats that it would fill on a plane, it would cap it at 70 . Thats going to end as of next wednesday, also adding about 1,000 flights to its schedule in july so this is american saying weve got more people flying, weve got more demand and its time for us to fill these planes all the way. They stress people are still going to be required to wear masks, they will still be pushing the fact that theyre sanitizing planes in between every flight, but the time has come for them to sell every seat, fill every seat and no longer guarantee its capped at a 70 load factor. Guys, this is a day with a lot of airline news between this, the unions asking for another bayout and the airline ceos meeting wi
U. S. Unemployment about 20 , nearing the 25 we saw during the great depression. The house is set to vote any minute now on this additional relief package that would release 300 billion in funds for Small Businesses. I want to bring in taylor riggs. I want to start with this news out of gilead. Having the s p 500 was some strong gains right out of the gate and then it dipped into negative territory two or three times the lot of the volatility and the weakness coming off the headline we got. It was a Financial Times seen the that they had who accidentally leaked results from a chinese trial. The drug failed to show a positive result. From thely removed it website but the damage was already done. Gilead came out and said the study of the results accidentally published were mischaracterized. The trial had to stop because not enough patients could be found. The results are inconclusive. Damage to gilead scientists and damage to the rest of the market had already been done. It shows you how
States, and even some states already taking measures, minnesota and texas, to ease restrictions. What thisget a lay of meanings for the tech economy. Joining us now, our own tom giles, our editor in san francisco. The president is planning a phasing reopening of the economy but this depends on what governors want to do. For states like california and washington, what does that mean . The thing that you have to remember about the Big Tech Companies in those two states is that in terms of keeping operations going, in terms of employees showing up to work, getting, working on their projects, delivering software weve seen companies in these states have been performing fairly well. Engineer working at google, if you are in the main office at amazon, those people are able to do their jobs by and large from home. There hasnt been the same kind of disruption. As you get into the physical space with the people who are in amazon warehouses, doing the deliveries, the people who are working apple
Popular runner guide series on 17 200 claims and constitutional law claims please welcome christopher torok. Our next panelist is the professor himself wrote the book, he is a graduate of notre dame where the was a runnerup valedictorian but the made up for that when he went to Harvard Law School and won the diploma for being top student to graduate in his class. He is, its a lot easier. A lot easier. And he has been a lawyer and a professor including back at harvard for a while, hes currently at vanderbilt and hes the author of this book. It makes a compelling case for the class action mechanism and we will hear from him and our moderator today is the judge of the ninth circuit. He is a graduate of, a korean immigrant i should start with came to this country and graduated from Ivy League Cornell and then also harvard lawschool. His classmates, magna cum laude and works at block tell, works at the associate white House Counsel i believe in a special counsel to the Judiciary Committee a