The three most important things investors should be thinking about right now. Big Tech Companies hit by coronavirus, how supply chains are hurting apple, amazon facebook and more. A Morgan Stanley with a 13 billiondollar bill of what it means for investors and soaring ahead of their flight playing the new space race barrons table tonight we will start with reshma. The market hit a new high this week and started falling down to 400 points, one half percent. Coronavirus clearly one of the concerns. The scope is unknown at this time. We have more cases in japan and singapore the last couple of days, the numbers out of china keep skipping around. Their economy is not up and running yet. The chinese economy, some millions of people were quarantined, many render travel restrictions. Goldman has an estimate of all the days that have been missed its like two months of unpaid holidays. Its crazy so factories and production lines have been stopped and investors are really waiting to see what hap
The others by his wealth and dealings of minorities and women. But no matter who the democrats pick, he or she will have a formidable task beating an incumbent president running a strong economy. Right now President Trump has that going for him as we head into november. Mr. Trump is already campaigning on the countrys solid job creation for 2,205,000 jobs added in january march the fourth month in the past year we saw employment gains of more than 200,000. Hes also touting of course low unemployment with historic numbers for africanamericans and latinos. Two groups that have not giving him much support in the past. And while Economic Growth has been good, not great, economists see little threat to recession anytime in the near future. On wednesday, the federal rate serve release management january meeting showing members felt the outlook for the economy was even better than december. A new wildcard has emerged recently. The coronavirus. Its in china would spilling over into that countr
We dig into the details. Digital currency regulation. Adam pozen of the Peterson Institute weighs and on whether Central Banks should be issuing their own guidelines on cryptocurrency. Netflixur top story reported thirdquarter earnings on wednesday, the shares stopping in after hours trading after International Growth eased investor worries. The streaming giant also talk to earnings per share projections. New subscribers did fall short of estimates. Revenue went to 5. 2 billion. Bloombergsbring in lucas shaw in los angeles. Shares rising 10 in the postmarket. Is it really the new subscribers overseas that are allaying our concerns . Lucas i think the story is investors were worried netflix was going to have another bad quarter. They disappointed in the second. They added a few million customers, fewer than analysts expected. One analyst i spoke to this week said sentiment was awful. Instead, they come in around expectations. They missed in the u. S. , but were above internationally, an
Right now. Looking pretty good right now. More than 1 Million People in the area will travel for the fourth. A lot of friends on the roads. Just check for the you 95 southbound a little bit slow right now for about six miles. If youre taking the bay bridge, the mta suggests traveling at off hours, before 10 or after 5 00 tomorrow. With the arrival of fourth of july, thousands of people will be on the National Mall for the famous ca concert but this year is more challenging for Law Enforcement. We are live on the mall with a look at how police and performers are preparing. Reporter good afternoon. Well indeed, they are. Take a look in the this is an act that just finished. Theyre able to do this, the show before the shows because of considerations that are made about whats going to go on here and over here and whats happening at the capital. Now, these performers will be able to do their jobs in relative comfort and safety because of whats been going on behind the scenes. Theres a whole
In parliament, our look at the best of the day in the commons and the lords. The headlines 400 jobs are to go at vauxhall. Is the uks withdrawal from the eu to blame . And her governments shambolic negotiation of brexit negotiations is undermining the uk. Labour condemns Donald Trumps threat to end the Us Iran Nuclear deal as reckless, mindless and downright dangerous. And how on earth did one mps letter to the brexit secretary end up in the hands of a political blogger within a mere three hours . And by 15 03pm precisely my letter was on the website. But first, the business minister has said the news that 400 jobs are to be lost at the vauxhall car plant in Ellesmere Port is particularly disappointing. Vauxhall is owned by a French Company psa. The factory in cheshire makes the astra model. Staff will be moved from two production shifts to one early next year. A spokesman for the company said the move was nothing to do with brexit, but down to a fall in sales. The minister, claire per