With lower waste. We can make a difference by choosing reforestation movement deforestation recycling or disposable Smart New Solutions who are still setting our. Earth is truly unique and we know that their uniqueness is why wows us to live and survive why do you assume the environment to suit to global 3000 on t w and going on. Brussels gives a green light to germanys own 500000000000 euro pandemic rescue package but will that soften the blow of a serious recession in europes largest economy and what about other even embers that dont have such deep pockets. Also on the show it survived wars and the Great Depression but not the coronavirus Brooks Brothers one of americas biggest mens wear stores files for insolvency. And you scooters are popular vic cities brought a lift line on sidewalks to start the berlin has an idea to bring more order. And welcome to the show im Stephen Beardsley in berlin can europes largest economy use its deep pockets to help domestic businesses without tiltin
Lead the senate in prayer. The chaplain let us pray. Eternal god, the author of unity, remind our lawmakers that people accomplish laudable goals more through unity than division. May our senators remember that all of us are more effective than any one of us. As our legislators pursue effectiveness in their work, give them the wisdom to forge alliances that make the difficult become easy and the impossible become probable. In their search for common purposes, inspire them with the conviction that nothing is impossible for those who believe. We pray in your omnipotent name. Amen. The president pro tempore please join me in reciting the pledge of allegiance i pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley madam president. The presiding officer the senator from iowa is recognized. Mr. Grassley i ask to speak in morning business for one minute. The pres
Corporations by the way their own by wall street hedge funds banks c. E. O. s Board Members who have in many cases and by the way this is important in many cases they have been taking money out of their companies while theyve been doing pretty well and theyve been sticking it in their pockets in the form of stock buybacks much of it with money they got from taxpayers government money during previous meltdowns now heaven forbid that i or anyone else should ask the question of whether some of these corporations should simply be allowed to go under. Is anybody asking that question yes. We found 11 maybe lonely example look what happens this is on c n b c when a guest challenges the bailouts of their lives now remember c m b c essentially the wall Street Network in fact many would argue its a 24 hour commercial for bankers and Hedge Fund Managers and c. E. O. s and cetera look what happens when somebody is willing to make the free market argument the capitalist argument that if a company g
Banks c. E. O. s Board Members who have in many cases and by the way this is important in many cases they have been taking money out of their companies while theyve been doing pretty well and theyve been sticking it in their pockets in the form of stock buybacks much of it with money they got from taxpayers government money during previous meltdowns now heaven forbid that i or anyone else should ask the question of whether some of these corporations should simply be allowed to go under is anybody asking that question yes we found one. One maybe lonely example look what happens this is on c m b c when a guest challenges the bailouts of their lives now remember c m b c essentially the wall Street Network in fact many would argue its a 24 hour commercial for bankers and Hedge Fund Managers and c. E. O. s and cetera look what happens when somebody is willing to make the free market argument the capitalist argument that if a company gets wiped out so be it what. Are you are you arguing to l
It came before the coronavirus headlines started to impact the u. S. And as a result l brand, which owns victorias secret, bath and body works, has had to close stories, lay off employees and this was sort of a lifeline to l brand to unload it because they werent able to turn it around so if they get stuck with it again, its pressure on the retaile retailers. L brand is a prime example, one of the worst hit. Indeed. Well see you later this afternoon, sara. Welcome to squawk alley, you see the bounce today after two days of losses as we get some progress regarding rescue packages from the senate to the house. Got a bunch of discretionary Companies Raising Capital through various means, secondary and so forth and the earnings not bad when you look at snap, chipotle and netflix last night. Interesting when we look at netflix and snap which had interesting positive metrics in their earnings we had ibm the day before talking about a pause in some customer spending. Were just starting to get