With Second Quarter volumes that may fall as much as 25 . Ap mollermaersk, the shipping company, said Second Quarter volumes will take a huge hit. You see a top german judge, one top german judge says the ecb is not the master of the universe and must be held accountable. This is Angela Merkel and Emmanuel Macron agreed to open the france germany border. U. S. Medical advisor Anthony Fauci ways in on the Market Sentiment, warning against reopening too soon. Stanley druckenmiller adds to the downbeat tone, saying the equity risk reward is the worst hes ever seen. Finally, a loss in the First Quarter. Putting aside one third of one billion euros for virus provisions. We speak with the chief Financial Officer between or lot in the next three minutes view minutes on the effect of the coronavirus. Ap mollermaersk, First Quarter revenue beating the estimate. 10 billion. 9. 57 billion in the First Quarter at maersk. The estimate was 9. 36 billion. The ceos who we are going to speak with momen
Good evening, everyone. This is march 20th, 2020 meeting of the San Francisco Police Commission. I apologize to everyone and we were experiencing quite a few technical difficulties to log on to the meeting so im sorry that were Getting Started a little bit late. And im sorry that you guys cant see me right now but im placing my hand over my heart and if everyone else on the commission and the staff would place their hands over their heart so we can recite the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation, under god, indivisible, with liberty and justice for all. So we would be remiss in having a meeting in may without acknowledging that this is Law Enforcement memorial month. And so i would like to at the end of this meeting to adjourn in honor of the members of the San Francisco Police Department who have paid the ultimate price in losing their lives in the line of duty. Sergeant youngblood, c
To the meeting so im sorry that were Getting Started a little bit late. And im sorry that you guys cant see me right now but im placing my hand over my heart and if everyone else on the commission and the staff would place their hands over their heart so we can recite the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation, under god, indivisible, with liberty and justice for all. So we would be remiss in having a meeting in may without acknowledging that this is Law Enforcement memorial month. And so i would like to at the end of this meeting to adjourn in honor of the members of the San Francisco Police Department who have paid the ultimate price in losing their lives in the line of duty. Sergeant youngblood, can you please call roll. Yes. So Vice President taylor. Vicepresident taylor present. Taylor present. Commissioner dejesus. Commissioner dejesus can you hear me . Okay, present. Commissioner
Were Getting Started a little bit late. And im sorry that you guys cant see me right now but im placing my hand over my heart and if everyone else on the commission and the staff would place their hands over their heart so we can recite the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation, under god, indivisible, with liberty and justice for all. So we would be remiss in having a meeting in may without acknowledging that this is Law Enforcement memorial month. And so i would like to at the end of this meeting to adjourn in honor of the members of the San Francisco Police Department who have paid the ultimate price in losing their lives in the line of duty. Sergeant youngblood, can you please call roll. Yes. So Vice President taylor. Vicepresident taylor present. Taylor present. Commissioner dejesus. Commissioner dejesus can you hear me . Okay, present. Commissioner hamasaki. Commisioner hamasaki i
Time now for our top market moving news from our new york team. Joining me Bloomberg Opinion columnist brooke sutherland. What were some of your Key Takeaways . Brooke i think what is interesting is target talks about First Quarter comparable sales being up, but nearly all of that was from digital. Digital comparable sales were 141 in the quarter. Those sales come at a cost. They are more expensive. The natural supply chain dynamics of delivering products to homes rather than having them purchased instore is more expensive for target, so you are seeing that market squeeze. Clothes,rent buying where target gets more of a higher profit margin. They were buying food any essentials. Is this a structural shift . Are people getting so used to ordering online that they will continue to order these items . They did also callout market share gains, which is key. Given Amazon Logistics troubles, are you going to be seeing customers rediscovering target and walmart, some of these longerlasting st