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Thank you for joining us on day two of the 2020 Republican National convention. You can find this event and the latest Convention News on our Convention Hub at thehill. Com. This program is also coming to you live on facebook and twitter. The presidency is not the only race up for grabs in november. Today, we look for the battle for control of congress and other down ballot races. We have terrific guests joining us, but before we dive in i would like to thank the American Petroleum institute for their support of the event. Along with the president ial campaign, congressional and other down ballot races have also been affected by the pandemic. What that could mean for republicans as they seek to control retain control of the senate and take back the house. ....
Lavongo on their merger and the first companys earnings report. David has news on microsoft and tiktok. Want to continue to update a story were following closely given we have not seen anything like it. Tiktok the incredibly popular social media app in the u. S. And around the world, bytedance its owner, the u. S. Government saying we will shut tiktok down in the u. S. Unless you find a way to transfer all of it to u. S. Ownership and microsoft playing the role as potentially the only suitor for the business i wanted to bring everybody up to date on new reporting that ive got because it is interesting. Both sides right now, bytedance and microsoft and of course the u. S. Government is still very much involved in this as well are negotiating to try to reach some sort of an agreement under which microsoft would buy the u. S. Business of texas toks u. S. Bit from bytedance within the next two to three weeks. That seems to be what theyre hoping for in terms of a timeline obviously in these ....
But you have to think of where we were and even with todays selloff, it is not really affecting all sectors. In fact more than half are still up. The fact of the matter technology, we just cant seem to pause even for a nanosecond, continues to advance. Well go over all of that, including things that could be weighing on stocks, including some extended shutdowns and restrictions everywhere from texas right now, what is going on in florida as well. Then there is hope on the virus front. That of course is something that is not seen all the time here but on the vaccine, more to the point of the virus, we keep track of this thing. There are about nine premier offerings or combinations being touted by various governments or biotech concerns of that, that are promising everything from an antiagain, quickly can tell you whether you have the virus in matter of minutes all the way up to vaccines potential curse that could be available soon as end of this year. The u. S. Investing a princely sum ....
Launching that service here in the u. S. Later this month. We are staying at home and we want our groceries and other purchases delivered and quickly. And we are on that story throughout the program today. As for the overall market, dead flat following a selloff on tuesday but keep in mind the dow and s p are up 40 from their march lows and the nasdaq is up 50 since then. Pretty impressive. President trump says he will pressure governors to reopen schools in the fall. This is a major step in getting the economy back on track. Kids go back to school, parents can then go back to work. That, of course, will be an issue for sure in the election, where joe biden has the lead in all of the polls, if you believe them, and even some wall street firms are apparently preparing for a biden win. But we have a democrat pollster coming up in a few minutes who says the race is a lot closer than the polls would indicate. Just wait until you hear what congresswoman ilhan omar wants to do to the economy ....
Last week working on a public lands package that would permanently fund the land and Water Conservation fund with a vote to move forward on that this afternoon at 5 30 p. M. Eastern, live coverage here of the u. S. Senate on cspan2. The president pro tempore the senate will come to order. Dr. Black, the chaplain of the senate, will open the senate with prayer. The chaplain let us pray. O god, our righteousness. As each new day seems to bring the unexpected, we thank you for your power that keeps us from stumbling on lifes road. Today, give our lawmakers the wisdom to find in you their refuge and strength. Lord, as they face complex challenges, may they plead to you for guidance and fellowship. Remind them that in the multitude of counselors, there is safety. May our senators plant seeds of righteousness in order to reap a harvest of goodness and grace. May they make you the foundation of their hope and joy as you empower them ....