Way out of recession. Factory performers stabilize while Consumer Spending shows that recovery remains on track. Year profits plummet. Cash earnings falling 52 . It includes provisions for customer compensation. Ahead. Omaui lets check in on the markets. A big week indeed. We do have asian stock futures gaining for october with friday a significant day. The start of another trading week, we do have a bunch of asian pmis do today alongside more data from china. And the offshore yuan will be below 670 after a fivemonth game. Focus with as a and alibaba. Waiting on a big milestone this week. The hong kong dollar on friday following the most since june after its close. Amid this frenzy q÷d it has been fraught with twists. None of it seems to have altered the course set month ago as joe biden continin handful of states. Pennsylvania is a huge one but everyone has been talking about ohio and the upper midwest. As well as georgia and North Carolina that have traditionally been republican. It
Results. Julia ba Julia Boorstin is in los angeles and very volatile in the afterhours session. Melissa, great to have you back netflix adding 15. 7 million subscribers and thats about double what analysts expected. The company also forecasting the addition of 7. 5 million subscribers in the Second Quarter and thats more than 3 million more than analyst predictions for that Ceo Reed Hastings saying there are three main effects of coronavirus. In addition to subscriber growth temporarily accelerating due to home confinement and he says that International Revenue will be lower than previous forecast due to the dollars sharp rise and he also says due to production shutdowns and spending on contact will be delayed. Hastings also expects viewing to decline and subscriber growths it decelerate as home confinement ends and as for the impact of netflix does expect some delays and they do expect secondquarter content to be modestly impacted. Since we have a Large Library with thousands of title
And live on cspan3, on capitol hill a senate sshdary subcommittee will be hearing about fraud in trade marks. Thanks for accommodating the scheduled change today. We left the senate floor where senator Johnny Isaacson gave his Farewell Speech and may friend and colleague Ranking Member corns is down there now bidding him farewell on the speech. He and senator isaacson worked a long time together. Its fitting senator coons is there because in many respects he embodies alt a lot of the same attributes as senator isaacson in terms of working torgt together on this committee. When he comes in he will intersquekt. But in the meantime we will get to your opening statements. We are here to talk about the issue of fraudulent trade marks. As earn knows trade marks are the back bone of any businesss brandon and operations. A good trademark allows a brand to easily identify and distinguish itself from competitors. Aed good trademark allows good will consumers and differentiate goods and services.
Hello and welcome to the American University. My name is caroline and i am a tax professor and managing direct center here in the school of business. I wanted to take a quick moment to introduce you to the tax li that dont know as we are a nonpartisan Research Center housed in the school of business and we put out research on issues ranging from Small Business literacy and education to Tax Compliance challenges the independto capital challenges of Business Owners and importantly for today, Tax Administration c challenges. More broadly, we are experts on aia analytics and Digital Transformations and we build this expertise into the research and curriculum for example the Research Center earlier this year together with ibm center of the business of Government Produced research on how tax agencies can effectively adopt and deploy aai. The research reflects opportunities and challenges for those using ai and we were able to draw on comments from the commissioner, other irs folks into tax a
Hello and welcome the American University. My name is caroline and i am a tax professor and managing director at the tax policy of business. I wanted to take a quick moment to introduce you to the Tax Policy Center for thoseont knoa nonpartisan Research Center housed in the school of business and we put out research on business literacy and education to Tax Compliance challenges the independent workforce, access to jcapital challenges of Business Owners and importantly for today, Tax Administration challenges. Broadly, we are experts on aia analytics and Digital Transformations and we build this expertise into the researce Research Center earlier this year together with ibm center of the business of Government Produced research on agencies can effectively adopt and deploy aai. The research reflects challenges for those using ai and we were able to draw on comments from the mmissioner, folks into tax agency administrations from around the world to talk about how aia has the potential to