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Gilead sciences, as you heard from maria, positive news from a government trial of their remdesivir and also from two of their own trials. Positive news on a treatment. That sent futures straight up earlier this morning and look at the stock, also straight up, 6. 8 . Thats the effect of this effective trial of remdesivir. Up go futures, up goes gilead stock. More on this in a moment. A second reason for the dows gains, investors expect a strong recovery for the economy starting in the summer. The market always looks to future conditions. Theres a third reason. The Federal Reserve is likely to say today they will do whatever it takes to stabilize your money. Wall streets expecting more stimulus. The dow will be up close to 550 points at the opening bell, close to 2 . The s p up 2 . The nasdaq solid indeed, up over 2 . We had boeings numbers out this morning. Continuing problems, but its cutting 10 of its work force and investors l ....
Another 15 days. The u. K. Government under fire for suggesting Health Workers reuse protective gowns as supplies run low. And the number who died in africa passes a sound including the nigerian president s chief of staff. The number of deaths and infections from corona virus continues to rise in many countries but so is the pressure on many governments to ease or lift their knockdowns spain has joined italy and the u. S. In seeing more than 20000 People Killed by the virus Officials Say the peak has passed as deaths in the u. K. Pass 15000 a government minister has admitted that surprise a vital masts and aprons are running short after warnings from hospitals meanwhile at the end stage of carolina has added evidence to the mantra that testing is the way out of the pandemic its claiming success with just 3 deaths and despi ....
Simonetti is watching the markets and Hillary Vaughn is on capitol hill. Lets kick it off with hillary. Reporter melissa, Bernie Sanders is out of the 2020 race but he is not off the ballot and he is still has his eye on the Democratic National convention this summer. I will stay on the ballot in all remaining states, continue to gather delegates. While Vice President biden will be the nominee, we must continue working to assemble as many delegates as possible at the Democratic Convention where we will be able to exert significant influence over the party platform. Reporter former Vice President joe biden is now the presumptive nominee for the ....
We all voted to give that 12 weeks. All of us know exactly why the can keeps being kicked farther and farther down the road. Its because the majority cannot muster the majority of their own members to support bipartisan funding bills. Because the governing party which controls the house, senate, and white house has not been able to govern. Senate republican john cornyn can always y, seemed to be kicked down the road. And here we are again with republicans doing exactly that. Mr. Speaker, lets call this c. R. For what it is, a chaotic retreat from rational regular order and fiscal responsibility. We have a supplemental bill that provides some emergency Disaster Relief for those affected by our natural disasters, but it ought to do more, in my opinion, to help those in puerto rico and the virgin islands. Its been three months since irma and maria devastated puerto rico and the u. S. Virgin islands and harvey visited so much water o ....
Stumbo pleaded not guilty. Their lawyers argue they had no intention of committing any violence. A man convicted of shooting a Dubuque Police officer in 2009 will be in court this afternoon. Afternoon. Eddie chest is being sentenced for the third time. Chest was given two consecutive 25year sentences in 2011 for attempted murder and robbery convictions. He appealed, saying prosecutors breached a plea agreement but a judge upheld the sentence. The court of appeals agreed with chest leading to todays third sentencing. An explosion with Farm Equipment happened in rural dubuque county. County. Multiple Fire Departments were called to the scene. It happened late last night on North Cascade road. When fire crews got there they found a combine, tractor and grain cart in f ....