Me jimcramer. You have a pessimist you have the camp that believes the latest covid outbreak is no big deal because the mortality rate is lower and then the super pessimist that say spiking cases mean no sports, no going out and millions of job losses these four camps, i have to tell you, they are going to they are at war every single day. Including this one, the dow gained 557 points, s p advanced 1. 34 and nasdaq inched up 4. 9 one can win because there is so much money going into stocks the recovery plays dont go up as Fund Managers need to sell one group to swap into another and thats why the dow stocks did much better than the s p that did better than the one scorching nasdaq this is highly unusual but it makes sense if you think out market in terms of competing camps. So who is winning . Or who won today i like to use the sore thumb index as in which stocks stuck out like a sore thumb today . Let me give you todays examples first tell is mccormick. The big spice maker roared to a
One, in general. In general, i think when two companies are negotiating you are negotiating not just the amount of money that is going to change hands but also what youre going to get in exchange for the amount of money. That ask a fundamental way business works. To do you see at least to outsiders that would look like a structural conflict of interest . You are using your control over access to peoples living rooms essentially, youre using that in order to obtain leverage in terms of getting Creative Content that you want . Are you essentially converting power in one domain into power in another domain where it doesnt belong . I think what i should do is offer to get you information. I will get it to your office for you because im not, not familiar enough with this. I could imagine there would be scenarios, if were just talking abstract where it would be inappropriate and i can imagine scenarios where it would be very normal business and very appropriate. Good enough. I want to talk a
Dr. Anthony fauci the top disease expert and three other members of the task force testified before a House Committee on capitol hill. They were grilled on the claim made by trump in tulsa over the weekend and again Tuesday Morning that he asked for the testing to be slowed down because more infections were revealed that made the country look bad. Would you just kidding . I do not kid. Let me make it clear. To my knowledge, none of us have ever been told to slow down on testing. Reporter the other factors the search of coronavirus cases including here in california which had a single day record of more than 5000 new infections on monday. Hospitalizations have crept up to 5000. An increase in Community Spread is something i am quite concerned about. Reporter the bright spot is the fast results of operation warp speed. The head of the National Institute says he is cautiously optimistic that one will be available by late this year or early next year. Several are moving along at various pi
Avoided. We are told the tow truck driver spent several years helping others. Welcome to the 10 00 news tonight. I am Heather Holmes. The chp said the accident could have easily been avoided. It happened on the side of interstate 280 between farmville boulevard and edgewood road in the hills above redwood city. We have live coverage tonight. The law is designed to avoid this exact kind of accident. Reporter it really is, frank. Now we see this loss of life tonight. I checked in with the coroner, they released his name, hes identified as mark alarcon, he was 61years old. People with chp said he was well known, helping people on the peninsula. Remake the tow truck driver stopped on southbound 280 near farmville road to help a motorist on the side of the highway. The driver and the atlas towing truck was part of the state fsp, freeway services patrol, helping stranded motorists. Just after 3 30 on tuesday afternoon, he was hit by a lumber truck passing by. It was traveling southbound on 2
Seth stoughton, and d. L. Hughley, and what its like to be black in america. First lets catch up on todays headlines. Welcome to the daily social distancing show. Announcer from trevors couch in new york city to your couch somewhere in the world, this is the daily social distancing show, with trevor noah. Trevor lets kick things off with immigration. Its the reason your food has flavor, and how the president met 66 of his wives. When donald trump ran for office, his platform was that he opposed illegal immigration. And i want people to come into the country, but i want them to come in legally. Trevor thats right, big guy. But after taking office, he began restricting legal immigration, too. And now, thanks to corona, it looks like hes taking it all the way. Tonight, a new round of immigration restrictions from the white house. President trump has signed an executive order blocking entry into the United States for at least four types of visas, including the h1b visa for highskilled work