Sung held back issuing permits to apples Security Team until employ moyer agreed to donate 70,000 worth of ipads to the office. Call this quid pro quo. Call it pay to play. It is illegal and deeply erodes confidence in the criminal justice system. Rosen also announced the indictment against an Insurance Broker in the alleged scheme involving permits and use of a luxury box at a sharks game. A total of ten people have now been charged in the alleged scheme where some of the money went to sheriff lori smiths 2018 reelection campaign. Smith herself has not been charged. Were learning more about the deadly stabbing at a San Jose Church last night that left two people dead. Abc 7 News Reporter luz pena spoke to the reverend at Grace Baptist Church who confirmed this attack happened inside inside the facility. Reporter San Jose Police described the deadly stabbing as this is a very chaotic scene. Reporter paramedics and Police Officers ran inside Grace Baptist Church to find multiple victims
Good morning, everybody. Im becky quick and welcome friyay were watching the equity futures. Three down days in a row, but the dow did make a pretty stunning recovery, down actually over 300 points after the numbers at 8 30 yesterday that showed that initial jobless claims were higher than anticipated. Ended down by 20 points at the end of the session this morning dow futures down about 13, s p s p are flat lining, nasdaq basically flat lining too well be watching this closely to see how people shoring things up you as we head into this weekend. And also take a look at what is happening in the treasury market the ten year which yesterday fell back below 7. 0 and now is 7. 26 . Lets talk about what happened last night. President trump and former Vice President biden making their case to the American People on dueling town halls i was sitting there with my remote going back and forth, both events focusing on the Trump Administrations handling of tGlobal Pandemic. Do you support herd immu
Victim of the Global Pandemic. And no red carpet but we will tell you how the largest Film Festival in asia is getting around the coronavirus. Family how much now have all the fault. Is the defense with. The German International has tested positive for coronavirus. We are starting in nigeria where protesters against Police Brutality are defying a 24 hour curfew and a call for calm from president mohamed to behati. Security forces in lagos the commercial capital of the country opened fire on wednesday morning after several demonstrators were reportedly shot dead on tuesday in another part of lagos a large fire burned at a bus station as well. Videos are also emerging of men in uniform opening fire killing people in lagos on tuesday Security Forces though deny any involvement so were starting with a correspondent in the capital of buju what more you hearing 1st of all ahmed about continuing violence. Well its been its been very very bad in the morning that things may have stabilized in s
Help, food aid. Yes, they are still talking. Investors like the idea of many more trillions poured into the economy, but it aint a done deal yet. The political world really cant stop talking about the debate. The president says he won. He, quote, held joe accountable, thats what the president says. Biden says the debate was a national disgrace. The Electoral Commission seems to agree. I they run the debates, and theyre looking at new rules. They agree, they seem to believe and blame the president for the interruptions and insults. Theyre even considering a kill button for the moderator to cut the mic of any offending candidates. The numbers are in. Far fewer people watched than i expected, just 73 million tuned in. Down from 84 million who watched the first debate in 2016. And if you look inside the numbers, the audience dropped away as the chaotic debate kept going. They tuned out. Stay with us for the next three hours, i promise it will be worth it. Varney company is about to begin.
Well tell you why traders are betting on an even bigger run. Later, airlines lower as they prepare for what could be a slow september the former ceo of continue nenal airlines will be with us to explain what the new normal may mean for travel stocks kelly evans is back. Welcome. Power lunch begins right now its the s p 500 sitting close to its record high now the wild market ride has brought a resurgence of the retail trader bob and kate are standing by with more. Bob, lets start with you in these record highs we are on new high watch and for the s p as well as the nasdaq and whats brought us there, thats a very familiar pattern. We have seen it many times its essentially Technology Stocks thats with megacap stocks moving on the upside sectors, its technology thats been leading the way we see banks, energy and industrials lagging there. We had many rallies in those cyclical value names banks, the energy and the industrial names over the last few months in various occasions including ab