Actress Lori Loughlin and her husband will plead guilty and serve prison time for a scheme to get their daughters into usc. And americas teacher of the year. Only on cbs this morning, well reveal this years big winner. First, heres todays eye opener your world in 90 seconds. If i try to find a positive, the pandemic could have possibly been a life saver tonight because it was a smaller crowd. People are injured when a gunman opens fire at a Shopping Plaza in glendale, arizona. Its a very large scene. It will take days for the water to recede. A state of emergency after record rain and dam failures led to historic flooding. Experts are describing this as a 500year event. Actress Lori Loughlin and her husband have just agreed to plead guilty to conspiracy charges as part of this massive nationwide College Admission scandal. The Presumptive Democratic president ial nominee went after the president for taking hydroxychloroquine. What is he doing . What in gods name is he doing . The things
And getting back to business in the empire state as a slow reopening in new york today. It is friday, may 15 you are watching Worldwide Exchange here on cnbc good morning, good afternoon, good evening welcome wherever you are watching happy friday, we made it here is how money is setting up for the final day of the week. Dow futures up about 75 points we snap a threeday losing streak still the major averages are back late in the week. Dow is down 3 s p off 2. 5 even the snnasdaq is down 2 . Only amazon is higher this week. The russell 2000 has been the market story down 7 coming in today. Watch for a rebound. That index down 26 on the week. Also watching oil. Indicating demand increase coming off the highest close in six weeks. Up 11 and brent crude is back above 30 a barrel hardly a big number but at least it is not in Single Digits or even negative. Global markets in asia the Chinese Markets are down and rising in europe, more tough Economic News as money is contracting but not unexp
The Libyan Government in tripoli say theyve seized control of a major air base for more north. And india extends its coronavirus uptown for a 4th time bringing even more misery to Migrant Workers trying to head home. Now the country aware the deadly coronavirus faster matched is defending its handling of the pandemic chinas president says beijing supports an inquiry but only once the virus is brought under control at the World Health Organizations annual meeting she didnt bring also pledged money to help the covert 1000 response. China will provide 2000000000. 00 over 2 years to help with the global covert 19 response and to help with economic and social development in developing countries china will also work with the un to set up a global humanitarian response to quote and hub in china. Well we have mike hanna standing by for us with all the latest reaction from the white house but fast lets go to a sandbag hes in london and said weve been seeing this fairly consistent call for an in
Version. Right of course pink flamingos was a raunchy bad taste thats fine let it go of course pink flamingos was a raunchy bad taste film by john waters in 1972 and i think 1972 is an important year that we started bringing in bad our bad taste and trashy taste because thats when we started getting trashy food and poor taste sort of investors like Warren Buffett Warren Buffett this past weekend did announce results not only did he lose over 50000000000. 00 in the 1st quarter but he proceeded to trash the entire u. S. Economy he announced he dumped all of his shares to is the entirety of his holding holdings of 4 u. S. Airlines united american southwest and delta he does he own 10 percent of those he dumped but what did he tell the ordinary person the investors out there i hope ive convinced you to bet on America Warren buffets hes a guy who of course has no bet on america because he hes now. Piled up 137000000000. 00 this whole buffet thing with his dumping of the airlines you know le
Hard to make anything of any positions being taken into the weekend, were something good or bad can end up happening. Time for todays market moving news from brussels, as well as our new york teams. Europe, approving a shortterm deal. Ombergs part two bloomberg spoke to germany z for president to spoke to germanys you for germanys ifo president. If things shut down again because there is a second wave, that is catastrophic for them, so that is something that needs to be avoided. Maria tadeo joins us now. Maria european leaders met yesterday. They came up with a shortterm aid package, but the question is what we are going to do over the long term. Get any clarity yesterday. That is being reflected in the Market Action today. Any specifics on the amounts. Theres suggested that it could be one trillion euro up to 1. 5 trillion euro. Some argue this should be done through transfers. The countries that are on the weakest right now would say they want to see the bulk of it being done in tran