Seemingly inknockous app as the latest threat to americas security. Speaking of bans, when apple ejected a small email service app a couple of weeks ago, the man behind that app launched a david versus goliath battle with the Silicon Valley behemoth and lived to tell. The co founder and ceo of an email parent base camp is here in a fox business exclusive in why this fight with apple may be far from over. Markets looking to close out their second straight week propelled by a major positive development on the vaccine front. The dow popping back above 26,000. And right now were slightly below it at the moment, but were still up 273 points. The s p up 21. And the nasdaq is heading for its third record close in a row, but the high spirits could change come next week if Second Quarter earnings season gets hit with the ugly stick. A stop economist is here to tell us how a top economist is here to tell us how it is going to play out and you can avoid getting bruised. A massive storm is bearing
Also hitting the market, s p global just dropped the scale that measures environmental, social and governance factors when assessing a companys credit policy. No longer important and we are seeing it ripple across the board. Sandra. Sandra all really interesting stuff. Thank you so much on all of that for us. As we hit a new hour, President Biden is set to deliver remarks shortly on what else his climate agenda and while hes taking a victory lap out west, back home in washington brandnew evidence released in the biden family investigation. Trace we start hour two of america reports. Im Trace Gallagher in for john roberts, great to be with you. Sandra im sandra smith, good to have you here, trace. Trace House Republicans released bank records that appeared to show millions of dollars were sent to bidens and their Business Associates from foreign sources. President biden has not spoken to americans about this or congressional testimony from his sons exbusiness partner. Sandra also over a
Revised plan, which includes new spending cuts and borrowing strategies. Welcome, everyone to the for this afternoon. Im alex savage and good afternoon, everyone. Im frank mallicoat, the proposed cuts include shrinking the states workforce and cutting back on some services to address the states projected deficit. Ktvu jana katsuyama. Listen to the announcement. Joins us here on the desk with more. And of course, the governor is already getting criticism from all sides about this revised proposal. His revised budget is 288 billion for 2024, much lower than his original 310 billion budget. Governor newsom said the state is facing a 27. 6 billion budget deficit for the 20 2425 fiscal year. His proposal includes cuts in services to about 260 state programs, and hes also proposing an 8 reduction in the states workforce by eliminating unfilled job posts, plus or minus 10,000 vacant positions. Those positions are being determined in real time at every agency and department. We want a leaner g
There were no bullhorns nor speeches. It was just food, music and camaraderie. Organizers say the goal of this protest is very focused. Protesters want stanford to first disclose its investments related to any corporations profiting from the conflict in gaza, and then to divest. The ceasefire call is definitely a part of it, right . But like, i think we understand that within our very local context of being Stanford University students, we can probably leverage the most effort towards making a cease fire happen by like building on this huge pile of pressure, right, of which divestment and that kind of Company Pressure is a very clear part of that picture. On friday, stanford released this statement. While stanford understands students perspectives on an important global issue, violations of University Policy will not be overlooked. The submission of student names to the office of Community Standards student conduct process has begun in the University Also sent a message to the full com
Into this tree. You can see behind me there are Community Members that are coming by to pay their respects. Theyre leaving flowers and leaving messages of love. We were devastated. Thats how Anjali Maskey felt when she found out her best friends were gone. Although officials have not identified the family, she says her friends are tarun and rincy. George and their two sons. Seen in these images from social media, maskey says the family was coming home from a Birthday Party on wednesday night when the crash happened. Now shes trying to console her child who played with their kids. Its very hard for us to explain to children that a friend of their who is there, like last night and this morning, hes not there, maskey says. The boys went to Donlon Elementary School and hart middle school, where School Officials have sent grief counselors. One man, who lives off foothill, says he was outside when he heard explosions around 9 00 that night. Every five to 10s. They boom, boom. So maybe around