Life well planned. The freeman foundation. By judy and Peter Blum Kovler foundation; pursuing solutions for americas neglected needs. And by contributions to this pbs station from viewers like you. Thank you. America. The World Health Organization warns countries to remain on high alert at the number of coronavirus cases across the u. S. Its record highs. Burning down their own homes, thousands of Ethnic Armenians fleehe parts of nagornokarabakh being handed over to azerbaijan. Beijing expels all prodemocracy politicians from the hong kong assembly. It breaches chinas commitment that hong kongs autonomy. Laura pope francis is the latest world leader to ngratulate joe biden on his successful bid for the white house. Despite President Trumps refusal to concede defeat. Welcome to world news america on pbs and around the globe. The World Health Organization has sent a short and blunt morning warning. Countries battle a nd and third wave of the virus. The u. S. Is the worst affected country
Steve scalise, nancy nancy maces Jeff Van Drew and louisiana senator, john kennedy. Futures starting on a mixed note. The dow industrials are down 120 points, the s p is also weaker by 3 and a quarter but the nasdaq is up a little bit of a rotation going on this morning, back into technology. The nasdaq up 50 o 50 points. This follows a mixed performance yesterday, investors rotating into the tech sector. Were standing by for key speeches from Federal Reserve officials later today. Well take a look at market moving words on rates and the economy. Pfizer and biontech 90 effectiveness report helping drive markets. What challenges do we expect before its rolled out of. Ill speak with the companys founder and ceo of biontech later this hour. Then, cruising into the future, one state is anticipating a future filled with flying cars and its making a buzz this morning. Mornings with maria is live right now. I just cant get you out of my head. Boy, your loving is all i think about. I just cant
Were taking an ominous turn. Lets go to Jackie Deangelis following all of this and some of the restrictions being put in place to respond to this. Jackie. Reporter good afternoon to you, neil. Thats right. The market is lower because of spike in cases. Weve been talking about pretty much all week. That is after we got the news pfizer or biontech come to stronger conclusion on their vaccine it would be 90 effective. There are still so many questions about this. Today on mornings with maria the biontech founder talked about the vaccine, how long it might protect people. Roughly a year or so listen. Theres a good chance that the vaccine not only will protect us but could protect from infection or virulent infection for a significant period of time. I personally expect that the vaccine could protect us with, with protocol for a year. If we learn we need to reimmunize. We could do that after one year. Reporter meantime the pfizerbiontech vaccine was not the only one in the works, right . We
144,000, 65000 people hospitalized and we are averaging over a thousand deaths a day. A new round of restrictions would surely slow the economy and put more people out of work, heard even more with travel, retail and Entertainment Industries perhaps, thats one reason the market is selling this morning. After the huge recent gains the dow looks to be down about 200, s p down about 10. Look at the nasdaq with a modest bounce to the upside with the dana may be a quarter of a percent of the standout political headline comes from Bernie Sanders. He says yes, if offered the job of labor secretary in a biting next he would take it. On that, we will say this, varney co. Is about to begin. Stuart born to be wild, well i guess thats fairly appropriate. What you are looking at is rather empty new york city on a rainy thursday morning. Of course, its been half empty for about eight months and Governor Cuomo has more restrictions on businesses. Ashley, bring me up to speed. Ashley he certainly has.
Time to do something drastic. A National Lock down. We spoke with Business Owners in san jose about this idea. Tonight as california becomes the second state after texas to surpass 1 million cases of covid. A staggering proposal from joe bidens Coronavirus Task force. Lock down the entire country for up to six weeks. With the government paying people and businesses for the money theyll lose. If theyre coming up with package to help support the Small Business during the type of lock down, it depends on what level. If we make the employees whole and pay bills. Not making money wont bother me. If i can participate in squashing the virus. Hes been the owner of the restaurant for 15 years. He says he wants to be part of the solution. Despite the incredible damage the pandemic already has done to his business. Financially, were down significantly. Five years ago in downtown san jose. Shelly opened the painted lady salon. Covid put pressure on her if many ways. Not just as a Business Owner bu