The Senate Committee on finance the subcommittee on International Trade customs and Global Competitiveness will come to order. I know this seems a little strange but an empty room except for three witnesses live in front of me and many of our colleagues are going to be joining us virtually. But i want to welcome all of you nonetheless to this important hearing. This subcommittee continues to do its work in exploring the unfair treatment practices of foreign governments and especially china and russia. The topic of censorship in china is a common one because of its growing of facts on this list in the United States as well as culture. Last fall for example the National Basketball association had its Market Access lock in china because individual american citizens used to media platform not allowed in china to express a political opinion. Now the topic is become much more important to the lack of timely Accurate Information about the spread of covid19 due to chinese censorship has contri
View i mean. Lane maxwell the woman accused of essentially running Jeffrey Epstein International Sex trafficking operation is finally now in federal custody the f. B. I. Arrested her this morning in New Hampshire with the latest developments in this case and the arrest and whats going to happen next lets go to our teens john heidi in miami john what do we know about maxwells arrest so far. Well f. B. I. Agents and n. Y. P. D. Detectives arrested maxwell had around 830. 00 this morning in bradford New Hampshire which if you look on a map but its about 25 miles west of concord about an hour and a half northwest of boston so its really an area if you want to be if you want to lay low and essentially hide this is a good place to do it now the 58 year old is she. Charge and i have actually a copy of the 18 page indictment but shes charged with conspiracy to entice minors to travel to engage in illegal sex acts and intent to transport minors to engage in criminal Sexual Activity so basically
, and that is senator john thune of south dakota, who is here with us today to discuss the current state of affairs. You can participate in todays discussion on social media by using the hashtag bgovwatch to be sure to follow bgov on twitter. I do have a couple of housekeeping announcements just to get us to todays presentation. This is broadcast live and although we dont anticipate any technical issues, should you experience any streaming delays with audio, may be video quality, go ahead and refresh your browser. That should resolve the issue. This is also an interactive event. We want you to be a part of this conversation. Well have live calls going on and we look forward to you , submitting questions he would like to ask. Now, to ask a question, you will see a q a box to the lower righthand corner of your screen. Go ahead and type in your request and it will pop up in front of us. At the top right of your screen , you will see another box that says slides and polish. Polling. This i
Time now for our top market moving news from our new york team. Joining me Bloomberg Opinion columnist brooke sutherland. What were some of your Key Takeaways . Brooke i think what is interesting is target talks about First Quarter comparable sales being up, but nearly all of that was from digital. Digital comparable sales were 141 in the quarter. Those sales come at a cost. They are more expensive. The natural supply chain dynamics of delivering products to homes rather than having them purchased instore is more expensive for target, so you are seeing that market squeeze. Clothes,rent buying where target gets more of a higher profit margin. They were buying food any essentials. Is this a structural shift . Are people getting so used to ordering online that they will continue to order these items . They did also callout market share gains, which is key. Given Amazon Logistics troubles, are you going to be seeing customers rediscovering target and walmart, some of these longerlasting st
By the u. S. Military going to discuss all that and more coming up all right its time to move through news i q. Its a move no one seen in decades on monday oil prices plunged into the negatives prompting President Trump to make this announcement were looking to put as much as 75000000000 barrels into the reserves themselves that would top it out it would be 1st time in a long time its been good for the rate brace. Now adding that much oil is a major task but where do you store it meantime Oil Prices Continue their downward spiral today for more on all of this lets bring in our fronsac shes been following the story fair and this is the 1st time in history right that that oil has dropped below 0 right middle and you know. Really a domino effect all from the coronavirus now people have these stay at home order so people are there driving last no ones flying anywhere so you have all this extra oil not being used and theres only so much oil the world can store and were already bumping up ag