For an earnings season that is beginning to unfold. Later, the rush is on as Apple Unveils its new 5g enabled iphone are the stars now aligned for a super cycle that wall street has been waiting for for apple power lunch starts right now stimulus negotiations hitting a wall once again as the two sides are stuck on whether to do one big bill or several smaller ones elon has the latest for us there will be no relief before the election. We knew this in our guts, we knew it by looking at the calendar and today treasury secretary Steven Mnuchin acknowledged it publicly during a speech for the milken institute. Getting something done before the election and executing on that would be difficult just given where we are in the level of details were going to try to continue to work through these issues reporter now, this is dispute the fact that the senate will still go through the exercise of voting on a 500 billion package of targeted relief next week thats much less than what democrats are a
Reportedly uncovering Quality Control concerns at eli lilly plant set to manufacture its covid antibody treatment and apple debuts the new 5g phone line speedier devices, also coming with an even heftier price tag carl, back over to you. All right jim, on the banks this morning, conversation once again about loss provisions. Also about bond trading at goldman. I dont think it is just bond trading. I think goldman did a remarkable job taking some share, which i say remarkable because imagine youre at home, zooming and taking sharefrom others. I do believe that goldmans back to its old ways which is that it is a dry cleaner it doesnt have any risk remember, dry cleaner, what do we do with the dry cleaner give them our clothes and pick them up and they make money. That has been the goldman way until a couple of years where i think it got wayward where it became much more about, hey, lets invest in this, invest in that, no, to me, what theyre investing in, that i really like, theyre invest
Of direct payments for Contact Tracing. House democrats move forward after negotiations with the white house failed to produce a compromise. Floor debate before the final vote. Lowey, is recognized. Mrs. Lowey im pleased to yield five minutes to the distinguished gentleman from massachusetts, from my class, the chair of the committee on ways and means, mr. Neal. The speaker pro tempore the gentleman from massachusetts, chairman neal is recognized. Ms. Neal thank you, madam chairwoman. I stand in support of the updated heroes act. The previous gentleman was dismissive of the idea that there is some import to this moment in terms of getting a package done. So that means expanding Unemployment Insurance, thats not important . Unemployment insurance that we might consider now which is part of the need of the American Family . A reminder, there are 26 million americans right now collecting Unemployment Insurance. Let me put this in terms of what an economist might say. If we dont expand Une
This includes the National Fish Habitat Conservation through partnerships provision, a bill i championed. This title establishes a National Fish habitat board that supports a successful Publicprivate Partnership to restore fish habitat. I would like to thank the Ranking Member of the Natural Resources committee, rob bishop, and the Ranking Member of the subcommittee on water, oceans and wildlife, tom mcclintock. I would also like to to thank my colleagues on the other side of the aisle for their ceaseless effort and commitment to making sure we do everything we can to conserve prork tect and enhance the resources that we are in charge of taking care of. I look forward to continuing to advance other important provisions, but this bill hopefully will be on its way to the president s desk. As cochair of the Chesapeake Bay watershed task force i would specifically like to act modge my friends an colleagues in the bay delegation who labored so hard for so long to help clean up our great Che
Like a cooler week so. Temperatures especially inland, well below average for this time of year. All right. Over to sal, 6 00. Things usually pick up at the bay bridge toll plaza. Want to speak about that or something else. I will speak about that. We will look at the approach from the east shore and look at the toll plaza itself. And also the east bay commute. So first start with interstate 80 the east shore freeway. You can see traffic is going to be moving along okay and its going to take about 17 minute to drive between the carquinez bridge and mcarthur maze. We dont have a big back upat the toll plaza but it may appear. You can see the traffic is moving well. Its 6 01. Now back to the headlines. All right california right now, has close to 400,000 coronavirus cases. More than 386,000 cases are reported and more than 7700 people died. More than 41,000 virus cases are reported in the bay area. 7100 people have died from the virus. California Hospital Health Officials Say 6900 patien