The company that was forced to close all, all of its 600 u. S. Locations at the start of the pandemic lockdowns, now looking to wipe the slate clean. After five months of blockbuster delays, the Worlds Largest theater chain, amc theaters, is popping the popcorn once again. Coming up in his first and only Business Television interview, live from amcs leewood, kansas theater that just opened in the last few hours, Amc Entertainment ceo adam arron is here. To add to another show that must go on, live nation president joins us in a countdown exclusive on the creative ways live nation is now living up to its name despite a nearly left for dead concert scene. Microsoft getting a boost in this final hour after my report yesterday that sources close to bytedance say tiktok buyout talks with microsoft are in the seventh inning, but could support from the white house help oracle rally back in the bottom of the ninth or is it microsofts to lose . U. S. Undersecretary of state for economic growth,
Mcshane. Didnt quite get there on the s p. Were live from joe bidens hometown. Scranton, pennsylvania. Ahead of the presumptive nominees speech tonight at the Democratic National convention. I spent a lot of the day speaking to owners and Business Leaders in the area. You will hear a lot of that throughout the hour. First the top stories. Fox Team Business could have with gerri willis keeping an eye on markets blake burman at the white house as usual gerri, we start with you. What a difference in the markets and what a difference the a day makes. They are shrugging off recovery concerns. The dow powering ahead. The dow on pace to snap a threeday losing streak. It did just that. S p up three of the last four sessions. Nasdaq was the star here. You remember back in march we were under 7,000 . Closing at 11,264 to be exact. Apple, guess what, they have the two trillion dollar crown. That is new market cap for apple. Shares hitting alltime high. Unbelievable at 2,012,000,000,000. Apple is
Maria this as millions of americans are in need of aid which may not come until september now, at the earliest. Vice President Joe Biden calling for a nationwide mask mandate as President Trump fires back. More on that plus new fox new polls out this morning. White house brokered historic peace deal coming together in what President Trump is calling a huge breakthrough. The u. S. Has seized iranian fuel cargo at sea. Take a look at futures in the red. Dow futures indicating decline of 130 points nasdaq down 12 and s p 500 currently by 10 points after slight losses yesterday, dow, nasdaq and s p 500 on track for a winning week despite decline yesterday. Nasdaq was up 30 and s p lower by 6 points. Fortnite battle royale. People evacuated from Los Angeles County this morning more than 10,000 acres scorched in less than 24 hours. No flights to nowhere becoming a trend. We will tell you all about it. Ask maria is back this morning and time to turn the tables and ask me the questions and tim
Skeet to hit nearly the same time. Moon while a white house shakeup Kellyanne Conway giving up post starting next month her husband george step wage from antitrump organization as they both put the focus back on their family. They say. Markets this morning are rallying take a look at futuring with a triple digit move the fda announce emergency for plasma to treat covid19 and dow is up 370 points and s p 500 up 25. Markets finish in the green on friday, certainly the s p 500 seeing its longst winning streak this year with the s p friday up 11 points nasdaq up 46 and dow industrials finish out the week up 190 points on friday. Ticktock troubles continue Facebook Ceo Mark Zuckerberg reportedly still confused in washington about the chinese social media app. Missing these warnings months ago and it is the gops turn. The Republican National convention kicking off today. Housing urban Development Secretary ben carson will join me in the next hour with breaking news on his speech as well as o
To talk about the vote, the guard rails that are put in now for Small Business loans and what phase four could really look like. Government money, though, will not save Neiman Marcus from the crushing effect of the covid19 epidemic on retailers. The High End Department store chain could file for bankruptcy, some say at any moment, could be by the end of this week, but can saks save it . The former chairman and ceo steve sadove on that and whether we are witnessing the death of the Department Store. Tonight is the first live major sporting event since the virus shutdown, all of the leagues, the nfl, mlb, nba and its the nfl draft, okay . Yeah, its a sporting event, is it not . No touchdowns are scored, though, unless you count the hundreds of millions of dollars flying around to potential picks. We are less than an hour to the closing bell on this thursday. Lets start the claman countdown. Liz we begin with breaking news and it involves amazon. Amazon is denying a bombshell report by th