Francine theres a different term people who are in lockdown in the u. K. And other parts, people being bored. The different tone from people in charge saying we are trying to keep you safe. We dont exactly know when we can reopen or how much. It is a great experiment. If you look at italy, france and germany, do you reopen automotive first . It is going to be a delicate situation. We will have to see one data time. As i speak to you about optimism, just outside my window beneath me next to mount sinai on fifth avenue, the drone of sirens. We begin in new york. May 15 is the date the state could be reopening. Governor cuomo laying out a plan that starts with construction and manufacturing. He said it would probably begin upstate before moving down south to the city. Yesterday, the state reporting 367 deaths, the lowest number in almost a month. U. K. , Prime Minister Boris Johnson back at work. Johnson recovering from coronavirus. In his first public statement, he urged people not to gi
Hardpressed drillers . We will ask. Now we are quoting the next contract for june delivery. The price coming in at, where was it moments ago, what was it, 15, 16 a barrel. The president will fill the Strategic Petroleum reserve with up to 75 billion barrels. That helps storage capacity. But it makes no impression on collapsing demand which is at the heart of the oil price problem. A lot of people expect that that price, the one we see right now, what was it, 16, 15 a barrel, expect it to down from here. Well see. Stocks, theyre down in part because of the Oil Situation. Its another indicator of how badly the virus is affecting the economy. Investors not happy about the demise of Americas Energy industry. The dow will be down 500, s p, lets see, 54 points down and the nasdaq down about 82. A small loss in percentage terms compared to the dow and the s p. Well, the president s twitter account active last night, late last night. He called the virus the invisible enemy and said he would is
And dave helping us keep the conversation alive. Tonight broadcast in a future close captioning services. Captions will be amenable once the city is uploaded to our youtube page which we will do as soon as we can. Upcoming events include tonight appearance by former labor secretary and noted economic explainer robert rush come Washington Post advice columnist eric thomas, joe on the future of nuclear u. S. Policy. Bearing witness to the end of the ice, another installment of our earshot jazz live at the foreign series this saturday as well as a few very exciting confirmations to be announced in the coming week. Were adding new programs every day as well as new releases being, news events being released as podcast. Many of our past talks are available in video a podcast form on our Digital Media library. In short look at the meat medip on her home page. As for two nights that katherine will speak about 25 minutes when shall be joined by david who will post his own questions before a q a
Were not seeing anything like that today. We have tech stocks that are lifting the nasdaq right now. Dow is down about 44 points but the nasdaq looking nice and strong here, up 94 points. The coronavirus pandemic of course is still causing not glitches but massive disruptions in particularly the u. S. Meat supply. Shortages are now upon us, as stores now limit purchases of beef and pork and chicken to prevent hoarding. That has beyond meat surging after the plantbased meat giant reported better than expected quarterly earnings. That stock up 23 . But its biggest competitor, oneupping beyonds good news. Impossible foods and its ceo pat brown are here in a fox business exclusive on his huge deal that he Just Announced with kroger and how virus hot zones are popping up in meat plants and spurring consumers to make a big change in what they are putting on their dinner table. And as lockdowns linger, more companies are realizing that keeping employees working from home might actually improv
Resume when the stayathome order expires. Other topics included guidelines for Meat Processing facilities in the state. Gov. Northam good afternoon and thank you for joining us today. Today, we have updates on our meet processing facilities and allowing our hospitals and outpatient providers to resume nonemergency procedures, allowing our dentists to start seeing nonemergency patients, and allowing veterinarians to see nonemergency pets and their patients. Yesterday, President Trump evoked the defense production act to require Meat Processing facilities to stay open to maintain our food supply chain. Last weekend, i joined the governors of maryland and delaware in sending a letter to President Trump, asking for federal help in coordinating our approach to rising numbers of cases in our poultry facilities. Trump, asking for federal help in coordinating our approach to rising numbers of cases in our poultry facilities. Deployings responded, teams to each of our three states to work with