Donald trump says he has told his team to co operate with the transition to a joe biden presidency, after the agency which oversees the process ruled that it could formally begin. The General Services administration will now release funds to mr biden, and his officials will receive security briefings. This is how mr trumps acceptance came, in a tweet that says its in the best interests of the United States for his team to co operate with protocols. Joe biden has unsurprisingly welcomed the decision, saying todays decision is a needed step to begin tackling the challenges facing our nation, including getting the pandemic under control and our economy back on track. In the days ahead, Transition Officials will begin meeting with federal officials to discuss the pandemic response, have a full account of our National Security interests and gain a complete understanding of the Trump Administrations efforts to hollow out Government Agencies. Ive been speaking to our North America corresponde
Prime minister tells parliament the military did not kill a single civilian in almost 4 weeks of fighting in the Northern Region. And around stop Nuclear Scientist is buried in tehran, amid accusations that israel killed him using a remote controlled machine gun in school formula. One driver follows his new documents escape after a huge crash at sundays bahrain grand prix. Us drugmaker modern a has announced. Its asking american and european regulators for emergency approval for its covert 1000 vaccine on monday. This past corona virus cases continue to rise steadily across the u. S. Well, during the says its final trial results confirm its more than 90 4 percent effective. Its just a week behind fines are fueling hopes that the u. S. Could have to approve the vaccines by the end of the year. But Public Health experts say the country should be preparing for a surge in cases after the thanksgiving weekend. A rise thats coming too soon for either vaccine to slow. Nearly 139000 new infect
Comfortably. Hawkish headlines on china and weak Economic Data both weighing on market sentiment. The dow is down 300 points yearly it was down 350 about 20 minutes ago. We have 59 minutes left in the session. Big show coming up four. A true 2020 winner, et ceteray stock is up 250 this year we will talk to the ceo Josh Silverman about the holiday crunch and whether his companys momentum can continue. And arthur blank, cofounder of home tee poe, owns the Atlanta Falcons and atlanta mls team as well lets focus first on the stories we are watching today. Mike santoli is tracking the Market Action into the close meg tirrell has a vaccine update and phil lebeau has an update on nikola, that stock down020 today. Mike santoli first to you and the markets. A mild shake of the tree. Indexes backing off. Some of the stuff that was up the most this month is down the most today seems like a little bit of trimming there are probably unbalanced portfolios there you have we are roughly capped we were
And the deal is worth over 44 billion in stock it combines two of the largest providers to wall street and so far 2020s largest dollar wise deal plus, youve seen it on squawk box gm and nikola announce a smaller deal on fuel cell systems doesnt involve equity and well get to more of it why those shares are down so sharply by the way, jim, great to have you back. A lot to catch up on that we missed talking with you about over the last few days as for moderna, another monday here, jim, with 100 on severe and more discussion that come spring we may have nearly ten of these things to choose from. A remarkable moment because it is true this is warp speed and warp speed is run by the army and going to go to longterm care facilities at the same time it is going to go to Health Care Workers and i think the good news here is it will go to a lot of people that no one thought they could get to very early you shotgun the entire level of when you include modrna and dont even talk about j j i think
Un substatianted claims the election was rigged. And a Miraculous Escape at the Bahrain Grand Prix Romain Grosjeans car hits a Crash Barrier and bursts into flames. The uss top Infectious Disease expert is warning there could be a surge upon a surge in covid 19 cases, as Millions Travel Home after thanksgiving. Anthony fauci says the outbreak is likely to get even worse and has urged people to wear masks. The us has recorded more than 13 million coronavirus cases since january this year. As of sunday, the number of covid 19 cases recorded in the us this month has passed four million thats double the figure recorded in october. Health experts had called for people to spend thanksgiving this past thursday at home, but, anywhere from 800,000 to more than one million travellers passed through us Airport Checkpoints on any day during the past week, marking the busiest period since march. Nomia iqbal reports from washington. You know whats coming. He is americas most trusted voice on the cor