Results for its vaccine, phase one trial in humans. Weve got a lot more on this coming up in just a moment. But this is a very positive development. When this was announced the stock rally that had already been in place gained a lot more ground. One more positive indicator for you. Thats the price of oil. We are back to 32 a barrel. We are driving again, we are emerging from a lockdown, demand for gas and oil up and up goes the price. Key indicator. Now, look at this weekend. All across the country, people were out and about, enjoying the weather and enjoying their freedom, too. There has been some relaxation of lockdown rules in 49 states. Connecticuts the lone holdout. They open up in just a few days. Bottom line, the economy is opening up and in most places, people feel willing to shop, eat out and socialize. Its hard to see how the authorities can reverse course and clamp down all over again. The genie is out of the bottle and the Moderna Vaccine news is the icing on the i can kcak
Theres no question that if you are a Small Business owner or one of the people that is mourning the loss of a loved one. Loved one, we have done our part to flattened this curve and save lives in the process. Can start moment we to think about turning the dial and reengaging our economy, but we have to be really smart and make decisions based on data and science. Centered around Public Health. Thats our next step. We have to stay safe, we have to stay smart, and as we navigate together, we know that tough times dont last, tough people do. Thank you, governor whitmer. Before we get started, here is a quick breakdown. We have divided our viewersubmitted questions by category. Questions in one category along with followups before moving on. Ofe won a very heated game Rock Paper Scissors and he will get us started tonight. Thank you. Governor, you are working on implementing your plan that you announce on monday, a systematic reopening of the state. We have received many questions about th
Reporter you were good just like her and shes looking for answers thankfully with the help of training expect. Thank you is not life as we know it. Together our new web series. Oils collapse in the u. S. Has Global Markets worried deflation is the big fear as producers rein in production the question on everyones mind when will demands pick back up. Beijing gets back to Business School see how chinese firms are changing to cope with the coronavirus. And pandemic measures claim a victim down under as Virgin Australia Airlines Files for bankruptcy. This is your business report. Stephen theres a in berlin its good to have you with us now the crash in u. S. Oil prices is reverberating around the globe pushing stocks toward losses and driving Commodity Prices down major Oil Producing nations could be hit hardest with lower prices carving chunks out of their budgets theyre now hoping that demand rebounds in the months ahead. Demand for oil has plunged amid the worldwide lockdowns linked to t
In michigan. Since then, our world was turned upside down. Gov. Whitmer to be honest, we have never seen Something Like this. More than 30,000 cases confirmed in our state. This virus impacting every aspect of our lives. Over one million michiganders now unemployed. Thousands of Small Business owners wondering if they will be able to stay afloat. Survivell find a way to and survive through the recession. Public schools shuttered through the school year. Kitchen tables becoming classrooms. Parents becoming teachers. But where theres struggles, theres strengths. Heroes. On the front line. While michiganders and stay home and do their part. Gov. Whitmer the people of michigan have stepped up, and we have started to flatten this curve. Most people have played their part, and we are grateful. We know there are plans to reopen the state, but many questions are main how we will get there. Tonight, we come together to chart that course. Town hall. Cial good evening. Bym so honored to be joined
That course in a special virtual town hall. Brought to you by michigan now. Good evening. Im honored to be joined by my frank and mike. We are broadcasting to stations across michigan tonight. On behalf of all of our stations, we want to thank you for your questions and for tuning into this incredibly special event. An unprecedented time in our history calls for an unprecedented response to your covid19 has hit our state hard. Michiganders have seen loss of life, jobs, and a sense of normalcy. Rebound, anyward questions remain like when will people be able to go back to work, when will things get back to normal, and what is the plan if we do see another spike in cases. Our stations are teaming up to get your questions answered. Tonight we are joined by governor gretchen whitmer. Governor, we want to thank you for the opportunity to bring questions directly to you. The governor is joined by michigans chief medical executive and the director of Michigan Labor and Economic Opportunity. ,h