A mining disaster in cuba dropped 33 men the world watched as a 2 month rescue turned need tragedy into a miracle aljazeera revisits the men once celebrated as National Hero and asks how this ordeal changed their lives chilean miners after the rescue on the jersey. Big mistrust of big tech the u. S. Congress questions that heads of apple Amazon Google and facebook on anti competitive behavior how the internet giants become too powerful and is that a need for new laws to regulate them this is inside story. Hello welcome to the program our number one car on amazon apple google and facebook for companies that have changed the way we live work shop and stay in touch with our friends and family but the american tech giants have long been accused of abusing their power to drive out competition and mishandling user data the u. S. Congress has been investigating their Business Practices for years old when politicians question the firms chief executives as they consider changes to Anti Trust La
Lufthansa looks to take off. Efrp eu regulators approve the plan bayer stock gets a boost after the german drug giant settled hundreds of claims around the weed killer roundup ending years of disputes it was a grim day on wall street losses more than 2 suggesting we will extend these losses after america recorded nearly 35,000 new covid19 cases in one day. The highest level since the number peaked in late april. California and florida both logged a record rise in daily cases. Disney has postponed the reopening of the park in california originally scheduled for july the delay comes as disney workers in florida urged local authorities to reconsider plans to open the orlando site due to a recent spike in cases. The company welcomed visitors to hong kong. Apple has shut a number of stores in texas due to the spike in the cases now temporarily closing seven houston area locations following similar moves in arizona, florida and north and South Carolina new york, new jersey, and connecticut i
Second week in a row that its starting out just in the right way. Yeah. I think theres people who just feel that this great shutdown is over obviously its worldwide the spending will begin again. I keep hearing that theres a surprising number of survivors that its not as bad as we thought. With the exception of some mortgages and some credit card, the forbearance wont really reverberate through the system reverberates to the banks. I know theres people who want to try to get the banks going. I say stick with whats working. I know its boring i know people want to rotate its something that Portfolio Managers love to do. I dont like to rotate into any stocks that have numbers cut thats really important. Im looking at david faber, who looks, of course, fabulous im thinking about him because its the credit markets we have to worry about, not the stocks they look great. Whats your concern in the credit market specifically, jim . Like hertz. Its not like theyre nothing. Hertz owns a lot of ca
Book the world. Francine lacqua in london. Extraordinary markets yesterday. Francine extraordinary yesterday but today they are taking a breather. On folks yesterday was moderna. Say if we haveto better news on the early trial of this vaccine. There is a huge fund being put in place by Emmanuel Macron and Angela Merkel. Again now, a bit more temperament or a little bit slower as we expect some countries to go against it. More subdued markets than yesterday. Tom interesting. Markets pulling back in the last few hours. With over a world news in new york city. Federal reserve chairman says the central bank is prepared to use its full range lendingd plans on rate neil zero than rate to near zero. Ritika President Trump is taking the antimalaria drugs he has promoted as a treatment for coronavirus. That is despite government warnings that hydroxychloroquine can have serious side effects. The president says he has been on the drug for about a week and a half. Mike pences press secretary test
Has reported a records rise in new code with 19 infections for the 4th day there were all tally now heading towards 25000. And south koreas governing party makes huge gains in the 1st National Elections be held during the pandemic. And in sport californias governor believes the chances of a sporting events taking place in the next few months. Gavin newsome believes Mass Gatherings in his state wont be possible for months. Its 10 g. M. T. And we start in washington d. C. Where donald trump has halted u. S. Funding for the World Health Organization the u. S. President. Is accusing it of mishandling the outbreak and failing in its tootsies he also says the agency covered up how the virus was spreading out of china well the u. S. Is the biggest donor to the w. H. O. Contributing their 15 percent of its budget mike hanna reports from washington. And what has become a pattern president trying to use his podium to parade reporters if you keep talking ill leave and you can have it out with the