You. Protest as a defying around the clock curfew in Lagos Nigeria after reports demonstrators were shot on tuesday. Protestors out wherever sudans struggling economy hit with tear gas by police. Coronavirus cutbacks at Cathay Pacific hong kongs flag carrier announced a 6000. 00 redundancies and the end of its regional subsidiary. Will start this hour with a crisis thats overcome many communities in the United States not coronavirus this is in fact the fight against opioid addiction in the past hour the u. S. Justice Department Says the drug manufacturer pharma has pleaded guilty over its role in the countrys Opioid Epidemic in a deal with the u. S. Governments the company pled guilty to 3 federal criminal charges and will pay a fine of 8300000000. 00 more details now with she had britannicas following the story in washington she had. Were just taking you know all of the details but as you say pleading guilty to 3 charges effectively that they the father misled the Drug Enforcement adm
Some ople asking if amazon is a monopoly. The question for the democracy is, are we okay with one company essentially winning capitali . How do you and jeff think about the call to break you guys up . Simply because the companys beenes suul doesnt mean its somehow too big. Narrator now on frontline. Domination was very much the idea. Narrator amazon empire. Frontline is made possible by contributions to your pbs station from viewers like you. Thank you. And by the corporationor public broadcasting. Major support is provided by the john d. And catherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. T and Ford Foundation working with visionaries on the frontlines of social change worldwide. Additional support is provided by the abrams foundation, committed to excellence in journalism. The park foundation, dedicated to heighteublic awareness of critical issues. The john and helen glener family trust. Supporting trustworthy journalism that informs
Tariffs for those that dont, markets this morning look like this. We have a fractional gain for futures indicating a gain at the tart of trading this morning with the dow futures up 14 and nasdaq up as well. 13 points higher and s p right now higher by 1 point this after the nasdaq closed at record high yesterday. It was the 35th record close of the year. The dow and the s p 500 also closing higher on the session yesterday at 4 00 oclock on wall street. Tesla charging ahead once again, the stock driving past 2,000 a share ahead of stock split. The stock this morning up 2 and a half percent, plus take a trip to the upside down, how you can experience the world of Stranger Things from your car. Mornings with maria is live right now. Global markets this morning have a firmer tone. Take a look at european indices, recovery in france losing steam, however, purchase index below expectations, meanwhile french president emmanuel mac roan and Angela Merkel warning of new lockdowns even though c
The tools are not what i call battle tested. A some peopleing if amazon is a monopoly. The question for the democracy is, arwe okay with one company essentially winning capitalism . Jeff think about e call to break you guys up . Simply because the companys been successful doesnt mean its somehow too big. Narrator now on frontline. Na domion was very much the narrator amazon empire. Frontline is made possiblby contributions to your pbs station from viewers like you. Thank you. And the corporation for public broadcasting. Major support is provided by thn john dcatherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. And by the Ford Foundation n working with visionariese frontlines of social change worldwide. Additional support is provided by the abrams undation, committed to excellence in journalism. The park foundation,ca ded to heightening Public Awareness of critical issues. The hn and Helen Glessner family trust. Supporting trustworthy journal
Rebound we had off of the lows and how magnificent it was. You have to put that in context with how fast we sunk into a bear market. That bear market drill down we 500, s p p p 500, that was the quickest drawdown we had on record here to see a bounce like this i guess is not completely out of the realm of expectations given how far and how quickly we fell. Taylor we were member that day clearly. It was march 23. Just at the pace and rate at which you talked about the fall and the rebound. In the middle of this, we talk about a 50 rebound. You are still giving incredible superlatives when you talk about it really has been a risk on. It is Consumer Discretionary materials, tech, they are up 60 since the lows on march. Really interesting that even though the fed has been so involved, the rate sensitive sectors have not been the all performers. Romaine i would like to get amys perspective on the rates market. Treasuries have been the lowflow shower of Financial Markets for the last few mon