Demanding Benjamin Netanyahu steps down over corruption claims and his handling of the corona Virus Outbreak. And the u. S. President says take talks donald trump threatens to ban the chinese own video sharing app of the day to privacy concerns. And then school Major League Baseballs commissioner says the league could be forced to shut down the warning comes as more players all tallaght of the season and they do growing a number of positive koran a virus tests. We begin the news hour in latin america where corona virus infection numbers have doubled over the past month mexico has eclipsed the u. K. With the 3rd highest number of deaths and colombia has over 10000 deaths lockdowns there a plan to last throughout the month of august and the government is expecting the peat be reached at some point in the month hospitals in several cities including the capital bogota have few available beds left in their intensive care units meanwhile argentinas lock down was due to expire on sunday but a
We ta retail sales were lower than expected autos adding to the pain with biggest names if the group or deck for earnings next week, well tell you which stocks could be set to take off later, it is apples epic battle both apple now and google kicking out fortnite out of their app stores well explain why they are doing it the fight it could spark and the crackdown on big tech that could be in the cards. Power lunch starts right now happy friday to you. Check out the transports out performing this week up 4 those moves are thanks to fedex and avis budget up double digits for the week with all the major averages up more than 50 from the march lows, its the question being heard around wall street is the market rebound getting too far ahead of the economic rebound. Were digging into the data. The stock market could recover its all time highs we went back to 1973 and looked at how stocks behaved. It takes 2. 7 years to get even this recovery probably will be measured in months the fed and co
Delays from washington from the trade deal to the stimulus negotiations, deadlines and expectations being pushed back the weve got 59 minutes left to go in the trading week s p 500, 16 points from a record close. Down right now, jon. Still higher on the week everyone except the nasdaq great to be with you this afternoon. We have a big show coming up to finish out the week. Were going to speak with minneapolis fed fred neel sakashkari and later, as stimulus talks grind to a halt, well speak with Maxine Waters about whether there is any compromise to be had. Plus, shell discuss a new bill encouraging the fed to use authority to close the racial wage gap in this country mike santoli is tracking the Market Action. Start us off on the broader market. You can call it resilient or fatigue or really anything a standoff here at the record high levels of the s p 500. The past four days have basic clind of touched it or been shouting distance of it. The were just hovering there. Up 3 or so month
Sometimes entrepreneurial visions turn out to be casillas in the sky or even a case of fraud busting bubbles in the Business World our topic today are made welcome and starting with a major scandal thats rocked germanys financial well to the bankruptcy of Payment Company why are caught what a story it could be straight out of a Martin Scorsese movie looking at the dock a side of humanity why a cod was a major tax listed company until an investigation by the Financial Times uncovered a fraudulent behavior in the end of the german Fin Tech Company a Success Story collapsed like a house of cards. A member of the Investigations Team of the Financial Times problem was the 1st to raise the alert about wild cards accounts this is a bit of a Strange Company in the numbers that its putting out dont quite seem to out of what a card was a highly promising dax a listed Fin Tech Company specialized in Electronic Payment Services Online Purchases also involve fees to the transaction provide such as
Relaxed strategy is expected to ease the impact on the economy sweden has one of europes highest fatality rates. And the worst death toll by far in scandinavia. What went wrong and what should have been done differently some of the questions we put to one of the leaders in the battle against covert 19 swedens minister for health and social affairs lena having grown talks to al jazeera. Swedens minister for health and social affairs Alaina Helen Dan thanks for joining us and for talking to aljazeera can i just begin with the government motto during the covert 19 pandemic which was physical distancing not social distancing was that the best policy considering the latest figures from sweden suggests that youve had nearly 6000 deaths and nearly 80000 infections but let me say that we have had a situation in sweden which has the best problem at the as many other countries i mean this is a Global Pandemic virus we knew very little about from the beginning now you know a lot more so rare or s