60,000 new cases in a single day for the first time oil is holding 40, gold topping 1800 for the First Time Since 2011 david, it was a quiet calendar already going into this week, but it does seem like today in terms of looking for inputs traders are really on their own this morning they are. I mean, you know, the only calendar, carl, that really seems to be getting busy and staying busy is the ipo calendar which we should mention as well just because it is some sort of reflection of demand in certain parts of this market the latest of course Rocket Mortgage, thats going to be an enormous ipo, we can talk a bit about that later if you want other than that not that much to key off of clearly, mike, this is not a market that seems to be particularly concerned in terms of keying off of the rising cases of covid that were seeing around the country and the reversal of reopenings, the slowdown in business, certainly in travel, leisure, restaurants, that is resulting from the rising caseload.
Straight home to. The bus the one business show you cant afford to miss. In washington coming up u. S. Marketplace higher on monday after friday sell off well tell you whats driving markets up and amazon were held for a tro on strike in germany after employees voiced their concerns over prone a virus infection show today so lets go and dive right in. Data from john hopkins showed the crown of our surpassed half a 1000000 deaths over the weekend with more than 10100000 and factions worldwide while the overall death rate has flattened in recent weeks Health Experts are concerned of a possible resurgence as new cases are indeed spiking australia recorded its largest daily outbreaks and april 11th with 85 new corona virus infections in 24 hours now the country is looking to place more restrictions including social distancing guidelines and as the European Union opens its borders the European Commission declined to comment on the list of countries whose citizens will be allowed to enter the
Im going crazy thing in all the time. How to handle on new lies in times of the koran a pandemic d. W. Reporter peter drugs just like everyone else and shes looking for answers and thankfully with the help of too many expect a few of them what. Is the thank you is not life as we know it. In this example our new web series. Where are the 2000000000 euros german Payments Firm why are car now says that the missing revenue on his books may not exist while the latest on a massive corporate scandal. New york reopens offices and restaurants can the big apple get back to business. And the pandemic is rattling businesses around the world. But its the smallest firms that are being hit hardest well explain. This is your Business Report im Stephen Beard its good to have you with us 1900000000 euros and thats the gaping hole in the Balance Sheet a german Payments Firm why are card the blue chip listed firm now says the money probably doesnt exist a scandal has led to a frantic sell off of its stock
Global markets are slipping as concerns grow over a possible 2nd wave of coven 1000. 00 will beijing reported a cluster of new cases after nearly 2 months without new infections will chinas capital reinstated some restrictions including security checkpoints while both schools and sports venues also close after an outbreak tied to a huge market well this comes as south korea also continues to see a rise in new cases especially since the government has not enforced stricter social distancing guidelines. From the area in the virus is spreading particularly through. Senior citizen youre making your best efforts in training that people who have had contact with confirmed virus to know that we are still going to be heading up i dont read. Those are. The words or utilizing. The macedonian in the metropolitan area of. India also saw a jump in new cases in recent days this is despite the extended lockdown the country has the 4th highest number of cases in the world with more than 332000 the cit
Monday morning that they were going to go bankrupt well you know in america when you go bankrupt in chapter 11 we declare chapter 11 what happens is your creditors line up to see who gets the debt whoever is this has the most senior debt the bond holders the bank loans anything like that they cant your money 1st your assets they liquidate everything and then if theres anything left over a which creditors make sure theres not and the lawyers get paid and everything that then maybe equity holders shareholders might get paid so they never get paid right but when the news broke that they were going to go bankrupt chesapeake. People on robinhood especially these free apps available and its mostly for millennia old and generations a very young traders new traitorous and they all just got new money free money stimulus checks 1200. 00 each from the government they poured into it stop prices up at 300 percent at one point it close at 170 something percent 180 percent but heres what you know the