Wechat on sunday. Back to the race for a treatment for covid and a cure, at least a vaccine roche unveils a new Antibody Test and Vice President calls on trump to step down and tech volatility, the s p and the nasdaq aiming for a rebound to end what has been a turbulent week for stocks. So we will start with tiktok and wechat, jim, just listening to you and andrew a moment ago doesnt sound like you see a whole lot of material to salvage this in the next 48 hours. I think that walmart feels like its given everything it can, i think that the people in the private equity have given everything, oracle, difficult to tell whether they think they can do more, but they had really felt that when pretrump it was looking like it was 43 owned by u. S. , 14 by international, chinese own 45 posttrump they are talking about u. S. Owns 53, international owns 11, chinese own 36 i think its the chinese owning 36 is the Sticking Point david, what level do you think the president would allow this deal or
The Senate Committee on health, education, labor and pensions will come to order. Let me get to the point of this hearing. Today in our country, over 60 about where people are living paycheck to paycheck. And millions are working for starvation wages. Unbelievably, despite an explosion in technology and huge increases worker productivity, the average American Worker is making 50 a week less then he or she made 50 years ago after adjusting for inflation. Unless we change the nature of the way our economy works, it is all too likely that our Younger Generation will have a lower standard of living then their parents. What this means in reality is that workers throughout our country are struggling to pay for housing, struggling to pay for health care, and prescription drugs, struggling to put food on the table. Struggling to pay off their student debts and to deal with other basic sensitize of life basic necessities of life. And while that is the reality for the working class of this count
And for those of us who spend our time representing Health Care Companies and individuals in civil and criminal enforcement actions, the change that we have been focused open for a while is the change created by Deputy Attorney sally yates, who last september, september 2015, promulgated the individual accountability memo. And that memo is really more evolutionary than revolutionary, i think. It is the latest iteration and governments ongoing efforts to try and shift focus to emphasize ing the role of individuals in alleged corporate fraud and to hold them accountable. That were going to discuss that policy today. We call it the yates memorandum. Deputy attorney general yates says she doesnt like it to be called that. She would prefer it to be called the individual accountability memorandum. But defense attorneys, we like every opportunity we can to get under the governments skin so we keep calling it the yates memorandum. My name is david douglass. Im a partner in a d. C. Law office w
All three major averages taking a hit a day after the fed raised rates as investors say ok, now what happens, after they waited for that Interest Rate increase for so very long. The focus has been shifting back to commodities, which has been the tale wagging the commodity dog. Take a look at my terminal. You will see this illustrated more in detail. A broadbased selloff. Utilities are doing well. Rates are coming back down. Otherwise, steep selling of financials, tax, consumer discretionarys, industrials all lower. It is still materials taking the biggest piece on a percentage basis. Crude oil is falling. We have seen a resumption of the selling. We are seeing wti trade near a sixyear low. Oil,e very least for crude even though it has been bouncing around, obviously the losing streak it has been on as the glutton continues in the oil market. Betty it does, and there is a glut in the Metals Market as well. Pricesyou have gold falling. You are looking at a multiyear low of about five yea
Mark happy overseas election day. To make our british viewers feel comfortable, we are doing the show in english tonight. First, the polls just close across the pond. Without wasting any time, lets go to london where Francine Lacqua can give us an update on the election. The polls close, what do we know . Francine the exit polls have been accurate, and we have the tories possibly with 316 seats. If this were to be true, they may be able to actually form a minority government. This is a very uncertain election. If these figures are true, we may be onto something and we make an apartment quicker than expected. John many thanks. Dont take off your mike because will be coming back to you. We are here in des moines. Behind me is Mission Control at the Des Moines Register who were governing the caucus process. That is with the whole thing gets made. Carly fiorina has an spending part of her day here. She attended a des moines Editorial Board and we will have more on that later. Mark the Iowa