Twopart hearing with drug company leaders. It is three hours 35 minutes. Welcome to todays hybrid hearing pursuant to House Speaker rules some members will appear in person and others will appearer remotely. Some members are appearing in person, let me first remind everyone that pursuant to the latest guidance of the house attending physician, all individuals attending this hearing and person must wear a face mask, unless you are speaking. Members whono are not wearing a face mask will not be recognize recognized. Let me also make a few reminders for these members appearing in person. You will only see members and witnesses appearing remotely on the monitor in front of you. When they are speaking and what is known as web act as active speaker view. A timer is visible in theib room directly in front of you. For members appearing know youre all familiar with web ex by now, but let me remind you of a few points. Whether they are in person or remote song as they have their web ex set to ac
Gap, all falling very hard as you can see there. Well go shopping for opportunity in that Retail Sector later on, buy gold now thats the message from one top wall street firm we will debate if there is any shine left in that big trade we start first with breaking news out of disney the stock is moving lower in the after hours session as the Company Announces some very, very major job cuts. Lets get to our own Julia Boorstin with the details. These are tens of thousands. Thats right. Disney is laying off 28,000 domestic employees, hourly, sal rye e aried and executive roles. In light of the prolonged impact of covid19 on our business, including limited capacity due to physical distancing requirements and the continued uncertainty regarding the duration of the pandemic exacerbated in california by the states unwillingness to lift restrictions that would allow disneyland to reopen, we have made the difficult decision to begin the process of reducing our workforce at our parks, experiences
Attorney whos investigating president Donald Trumps allies refuses to resign despite efforts to remove him. And a worrying combination the threat of monsoon rain in corona virus for injured stuck in the worlds biggest refugee camp. So then a call for Racial Justice that began weeks ago in the United States is echoing through other parts of the world for another weekend its just gone 4 pm here thats the french capital of paris where crowds are marching to highlight issues with Police Brutality and in the scottish capital Edinburgh People are demanding the removal of the melville monument that commemorates a politician who resisted calls to end the slave trade and in the United States 4 statues have been torn down in different cities this was washington d. C. Where crowds cheered as the any confederate general statue in the capital was toppled there also protests in the u. K. s capital and its with the marches and the london 90 once again protesters gathering right around the country. Th
Is an hour. Hello, and welcome. I have the exact Vice President of the Atlantic Council. Thank you for joining us today. I am delighted that we are joined today by the deputy secretary of state to help markley state departments own celebrations. The Atlantic Council commemorates pride by featuring analysis and hosting national and Global Leaders that are advancing the rights and protections. Our own Staff Company lgbt advisory council, working with policy fellows, seeking to elevate and spotlight contributions that the Lgbti Community has on Foreign Policy and National Security. We recognize the importance of allies that affect all communities affected by injustices of societal norms. By president today anderson, who will closeout the event. Those of you who are joining from outside the u. S. Government, full disclosure, i served as a Vice President over 20 years ago. For those of you who are not familiar, by many accounts, one of the most engaged organizations in the federal governmen
Grubhub jumps on the news of a take away by huber. They will diversify by uber. They are trying to diversify from simple shery car journeys. ,utures are under pressure extending losses from the regular session. It was a risk off a day, the dollar tumbled, treasuries rose. We had dr. Fauci reiterating his warning against reopening the economy too soon. We had real estate financials weighing on the s p 500 and it lost the losses are accelerating after trading. Some people saying the Virus Outbreak and partial shutdowns would risk massive bankruptcies which could create a lasting scar on the u. S. Economy. We have cpi numbers in the u. S. That fell the most on record in april. One. 4 ,il, wti down above 25 a barrel level, after touching the highest level in five weeks. We are seeing optimism in the oil markets with uptick on demand and saudi arabias plans to cut production by an additional one Million Barrels a day. As i was saying, the top u. S. Disease official warning against states re