Thank you for joining us. With ther viewers Paycheck Protection Program is. Stimulus was a form of that the treasury and Small Business administration started lending to borrowers, Small Businesses, back in april. They plan to forgive a lot of these loans as long as the funds were used to fund payroll and other qualifying expenses. Host how much money was lent and what types of businesses received the money . Guest in the end there were 525 billion lent out. More than 5 million recipients of the loans got some of the funds. All kinds of businesses. Very Small Businesses, some larger businesses as well. The ones who filed for bankruptcy were a lot of restaurants, hotels, and businesses in the Accommodation Services industry. Host you wrote the total amount lent to companies who went bankrupt is between 220 Million Dollars and 509 million. For thernment range amount. Half of the firms identified by the journal have filed for bankruptcy since august. Dozens of recipients who come from a s
Month of september, strong Consumer Sentiment numbers to go along with them. And later, gilead pushing back after the World Health Organization says the drug remdesivir does not prevent death in coronavirus patients. Weve got the latest details as power lunch starts right now thank you, ty. The markets are marching back after a few down days. Dom chu has more on whats moving decent sized gains but off the high of the session. We are up 243 points with the dow at the highs of the session, up roughly 348 points. You can see there, yes, still strong gains but not nearly where we were earlier in the day. The s p has reclaimed that 3,500 mark, the nasdaq only up about one third of 1 . The leadership in terms of the s p 500 has been in one week industrials and technology, both up nearly about 1. 5 meanwhile, the biggest laggard off nearly 2 is the real estate sector some of the stocks to watch with regard to covid vaccines and everything else, pfizer shares, possible vaccine for emergency us
Rules and procedures when things go wrong. The European Commission will be proposing a new european law. In this field which will tackle the issue of supervision of personal data and control of personal data every time we access a website and it asks us to establish a new Digital Identity or set up a user profile or to register on my platform the fact is we simply dont know what will happen to our data we must put a stop to this. And. This is why the European Commission well come forward with a proposal for a new secure Digital Identity one that we can really trust and that citizens can use europe wide for everything whether its right renting a bicycle or paying taxes. And identity that you have full control over where you can control the data that is transferred and how it is used that is our idea of a Technology Focused and centered around people. For the service of people in the 3rd focal point in infrastructure. We must keep up with the racing pace of technology and if we want to b
And then with the sole serve in one sole survivor and with the booklovers and authors without who we would not be here today we are beyond excited to have journalist and historian with his new book richard grew up in wayne new jersey studying philosophy since 2012 affiliated with the nation as editor and writer and also published essays and reviews and the new york review of books and times. His book is break it up and book. Only with the occasional newsletter joining him in conversation to turn 1976 with the fall of nixon and the rise of reagan and the fracturing of america m Barry Goldwater and the american consensus. The 2001 l. A. Times and the former online columnist the journalism and essay has appeared in newsweek the New York Times and other publications. Without further ado welcome richard and rick. Hello. Hi. We have decided since we are equal we will flip a coin to decide who asked the first question. Rick collett to choose who goes first. Heads. I will go second. What most
Close the people will never accept the current leadership again after disputed elections. The Postal Service is fully capable of committing to delivering the nations election securely and on time. The man in charge of the u. S. Postal service is grilled over controversial cost cutting measures. History to be able to say at the end of this chapter of american doctors began here tonight. On the president ial candidate joe biden promises to move past what he called the chaos and crisis of Donald Trumps white house. The stage is set for footballs you rope of the final and because of coronavirus its taken almost a year to reach the stage 5 time champion taking on. Top story libyas internationally recognized government in tripoli has announced a cease fire as its rival parliaments in the east also called for a stop to the fighting the potential breakthrough came as the warring sides were gearing up for a battle over sirte the city is controlled by the warlords after its the gateway for libya