How retailers are shifting Sales Strategies online this Holiday Season then, questions over astrazenecas vaccine trial, what the ceo is saying this morning. And finally what a salesforce acquisition of slack means at this hour. Right back at you in terms of this market action, we have seen it a lot, mike in terms of the dows performance this month there has been some rotation lets start there. Somebody this morning saying aerospace is up 40 . Which frankly i did not necessarily know it has been that strong in that short amount of time does it continue in this rotation or do we have to watch this in last day, day and a half of trading there has been a stutter step in that rotation. We had a couple of these since march. One of them peaked in june now it has been very, very aggressive aerospace is part of the industrials group. Industrials fully kind of got back to precovid levels and the valuations of industrial stocks are well above where they were based on expected earnings eight month
Other question is where what has apple become . Tom instead of the markets and the nasdaq war that we have seen , ties into apple, this was actually, francine, a huge deal yesterday. Arguably the biggest meeting they have had in three years. We are not going to go apple fan boy on it and explain all the stupid is that and the other thing. But i also want to go in with alex webb, sort of the racket that theyve got where everybody has to upgrade because this is old technology. This phone is a failure. I have to get rid of it. Francine the question i have been asked the most is, do we have 5g here, and people just dont know yet. Lets get to the bloomberg first word news with leighann gerrans. Leighann prospect of another stim list package before election day look bleak. President donald trump and Senate Republicans are at odds. The president is urging them to go big or go home. Senate majority leader mitch admitting to aly vote on small businesses. Nancy pelosi says the latest offer is no
The life of Wendell Willkie. I stand before you without a single pledge or promise or understanding of any kind except for the advancement of your costs and that your cause and that of democracy. [applause] i expect the republicans Wendell Willkie ran for president in 1940. These are some damages some images of him on the campaign trail. We are here with David Willkie. I want you to introduce the cabinet audiences of some of the fervor. Your grandfather ran for president and try to defeat Franklin Delano roosevelt, who was seeking a third term. Was seeking a third term. Captions Copyright National cable satellite corp. 2008 captioning performed by vitac. Grew up in elwood. When they married, this was the place they generally call home. In the family, my great great grandfather had lost his shirt during the depression. Instead of giving his father in law a handout, when the willkie and bought a farm land. He asked his fatherinlaw if he would manage it. How much time did he spend no ques
At his Long Island High School five days per week, so he showed up on Remote Learning days. The school threatened to close if he didnt stay home. More than 2,000 of his classmates signed a petition calling his actions egotistical. House Speaker Nancy Pelosi said the house would stay in session until the house reached a deal on can coronavirus relief. That could stand them to face voters without delivering more aid. A Bipartisan Group of moderate lawmakers have signed on to a compromise stimulus plan in hopes of reviving talks. Turning, now, to the new developments in the Deadly Police shooting of breonna taylor. Six months after she was shot and killed by Police Serving a noknock warrant, taylors family has reached a 12 million wrongful death settlement with the city of louisville. Heres abcs alex perez. Reporter one of the largest settlements involving police louisville agreeing to pay 12 million in the wrongful death lawsuit brought by Breonna Taylors family. Im deeply, deeply sorry
Washington as the next stimulus bill hangs in the balance, airlines are taking a hit as that october 1 deadline to avoid massive layoffs is fast approaching. Weve got the details and the very latest on that. Shares of the chinese electric car maker nio, i thought he was a singer they are up 400 this year. Power lunch begins right now got to play some neo now thank you, tyler the market vs thes have their en washington as the stimulus plan is being worked out. Will it pass lets get check with ylan. Reporter the conversations do continue. House Speaker Nancy Pelosi is scheduled to speak tomorrow with the treasury secretary they already spent 50 minutes on the phone this morning talking about the democrats new 2. 2 trillion proposal. The bill does include some white house priorities, including 25 billion in aids to the airlines and extension of ppp for the hardest hit businesses and 182 billion for k through 12 education. There are al some democratic must haves such as 436 billion in stat