Hes here in a fox business exclusive about this new bacteria. The covid19 lockdowns forced many to whip out the credit card and buy essentials online. A publicly traded company is making all those transactions work. The incoming ceo is a wall street veteran who survived 9 11, the financial crisis and now the pandemic. He will tell us what he saw in early january that told him get the employees to work from home and out of a crowded business area. That was well before just about every u. S. Company had even heard of covid19. Charlie breaks it on the big name Trading Companies refusing to sign on the dotted waiver line that the nyse requires to walk on to the Trading Floor. And 24 hours before the dragon capsule roars into space. Less than an hour til the closing bell, lets start the claman countdown. Liz breaking news. They are testing the systems right now. We are just over 24 hours away from history as spacex prepares to become the first commercial Space Company to launch american ast
Slowest increase since going back to march. Breaking down all the action is our markets correspondent abigail doolittle. It really seems like a lot of the travel and leisure stocks are outperforming yet, the s p, not quite at 3000. At 25,000. Quite it was an interesting day all day long. A lot of people scratching their heads as to whether we had this rally without any major headlines. Up to percent, probably something to do with the weak dollar and reopening optimism. You are pointing out those travel and leisure stocks doing quite well. We also had the dow transportation average doing quite well. A huge bullish divergence. The transportation stocks are supporting the idea that traders and investors are thinking the economy will be reopening. Some of the stayathome tech stocks leading the way. On nasdaq closing down biotech weakness. Right now, this very interesting tension on the year between another pocket of those stayathome stocks, the faang index. The transportation index down qu
First will be taken advantage of. Our state and federal governments as well as our nations largest corporations have a responsibility to do what is right. And let me end by saying this, this virus doesnt care whether or not youre republican or whether or not youre a democrat. It should not be about party or politics. This is will health and safety of our nations food workers and our food supply. And as such, no company should be shielded from the responsibility for adopting irresponsible practices that foster the spread of this virus through their facilities. For the sake of this country that i know that we all love i urge you to Work Together to do what is right for these workers. And, again, thank you for your time and id be pleased to answer questions you may have. Thank you very much. Miss dixon. Good afternoon, chairman graham, Ranking Member feinstein and members of the committee. Im grateful for the opportunity to testify today. Im rebecca dixon, executive director of the Nation
Dire projections and devastation from covid19. Were down five basis points good lineup today well speak exclusively with the cfo of tyson as concerns mount about the safety of Meat Processing plants. Plus, Mike Novogratz will join us on what he makes of Warren Buffetts comments on the airlines and market, plus, well speak with tom steyer about the path forward for america specifically, he sits on californias task force to reopen the economy along with janet yellen and tim cook. Well start with breaking news from the treasury. Kayla has more from washington the Treasury Department says it expects to borrow just shy of 3 trillion in this quarter alone to fund the expenditures outlined in the cares act stimulus and also to off set the individual and Business Task revenue thats not coming this because of that delayed deadline to say this is a record amount is an understatement the last record that the treasury saw for borrowing was the quarter july through september 2008 the height of the
Shielded from the responsibility for adopting irresponsible practices that fostered the spread of this virus at their facilities. For the sake of this country that i know that we all love, i urge you to Work Together to do what is right for these workers, and again, thank you for your time. I will be pleased to answer any questions you may have. Chairman thank you very much. Ms. Dixon. Afternoon,good chairman graham, Ranking Member feinstein and members of the committee. I am rebecca dixon, executive director of the National Employment law project. Nonprofit Research Policy organization that has fought to strengthen protections and build a powerful workers in the u. S. , including the unemployed. My testimony is based on policy expertise and a direct connection to frontline workers and communities. Workers held is Public Health. Workers rights to a selfie and healthy workplace must come for profits must come before. Rofits we cannot reopen businesses if workers are not safe and do not