Reporter neil, good afternoon to you. Start with astrazeneca. That is the top headline. It is covid19 vaccine as you mentioned having a good immune response in older results this is a phase two trial. Heefficacy will not be done untl they resume phase three trials you mentioned pfizer around biontech, they will file for their emergency approval with the fda form for the covid19 that tells us they are on track for the timeline they promised. Johnson johnson ready to have its vaccine ready for approval by february of 2021. Like i said, a bunch of different choices here. New york city in a little worse shape. Public School System is shutting down as of today. The stiffs Public Schools are taking a break, excuse me, because the coronavirus test Positivity Rate of 3 has been at that level for a seven day rolling average. It was reached on wednesday. The decision impacts over a Million Students and their parents and the city is trying to manage these cases and the weight that is placed on th
Under siege. But front line er doctors still manage to send a message of hope plus, weve got a live one shark tanks mr. Wonderful kevin oleary in the news tank, talking Small Business survival. Live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening. The United States just topped more than 13 million covid cases, according to johns hopkins. Los angeles has just issued a new stayathome order it starts on monday. A full report coming and all of this as the virus has disrupted another american tradition. Black friday, normally one of the busiest shopping days of the year not in covids 2020 in many parts of our nation, thinner lines at stores. Smaller crowds at malls. Many people opting to shop from home instead its a trend accelerated by covid. Shoppers projected to spend as much as 10. 6 billion today. Thats according to the data firm Adobe Analytics and thanksgiving day spending rose by more than 21 compared to the same day last year. Total sp
How to get through this. Its been an extraordinary outcome. One i could have never perceived could happen in march when we were scrambling for ppp loans, the majority of my companies were cash flow negative we shut down retail, until we went through this extraordinary transformation we would have never shut down our headquarters we would have never assumed that we could make a pivot and start selling direct to our customers instead of through retail. Thats exactly what happened and when you sell something direct to a customer, you make almost 100 cents on the dollar versus 0. 50 when you sell through retail thats the reason that theres a massive digital pivot going on, and theres major cost savings also occurring i could have never foreseen this, 15 of my staff including the areas of accounting, logistics and compliance never want to come back to the office. Wow. Theyre raising kids at home in the suburbs, taking care of elderly parents. Another major savings. This is happening to ever
Asking why is a president ial or successful president ial transition so important . Guest its about our safety is the ultimate answer here. When you think about it our democratic system envisions transfers of power when you have elections so you have accountable government. That means and you can ask to figure out how to take charge immediately on january 20 in an effective way. Its a big task. Think about our government come youre looking at 5 trillion and come 4 Million People come to me for those think uniform and reservists. Youve hundreds of operating units and historically president s have pointed about 4000 political appointees. Its a massive undertaking and nothing else quite like it. The transition is all about getting ready to do that successfully. The issue is really the world is such a dangerous place that theres not a lot of time on the other end posted january 20 to do your learning curve. You have to be at the top of it right away. You need your people in place, have you
Boarded up due to worries about postelection civil unrest and are ready for holiday shoppers. Its been a challenging time for our retailers to say the least. Many have adapted, though. The stores are all open, and there certainly is curbside pickup, theres instore shopping. Reporter with the Christmas Tree up, the need for an instaworthy photo op is back. Im all for christmas. Reporter and drawing in shoppers. Got this at macys, 40 off. Want to be out with the people. I want to i dont feel as much anxiety as i did before in the grocery store. Reporter now, of course, things became more complicated yesterday when the mayor announced that Indoor Dining would sho shut down here in restaurants in San Francisco. They say thats a problem with the holiday season, people wanting to take a break from shopping to seat and drink. Nevertheless, the Tree Lighting ceremony for the tree behind me in the middle of union square happens a week from today. They hope it will draw people back into the area