boris johnson s condition has worsened although he is said to be in good spirits. the virus pushes australia closer to its first recession in almost three decades. there is no expectation that the rba will make any changes when it needs meets later. shery: let s turn to president trump at the white house. he is giving a press briefing on the coronavirus outbreak. take a listen. pres. trump: 15 are in plans for critical trials in clinical trials. a second company enough the fda has authorized its vaccine candidate to begin clinical trials. johnson & johnson is already there. i believe they were the ones that are first. now we have a second company that has just announced and was just approved. we have two companies at that level. 100 ift performed you think of this 1.79 million tests. 1,790,000 tests. i believe we are going to put on the screen. this is the process starting on 5 march and ending right about now. yesterday. pres. trump: and it is going up at a rapid rat
we have world coverage here on daybreak asia. we will have the latest news from sydney. betty: and, follow from firing of thep s fbi director, that stunning news earlier this week. we are live from our u.s. and asia headquarters. i am in new york, it is just after 7:00 p.m. yvonne: it is just after 7:00 a.m. in hong kong. a soggy day in asia, not just the weather. the markets, as well. earnings at a retail with the biggest disappointment. consumer staples were one of the better performers today on the s&p. as you mentioned, that risk off coming into the market, we did fight back from the low of the session to close near the high of the session. still on the red. s&p down 2/10 of 1%. losing. that makes it all the more poor and important to see direction in the market. an upside to the retail scale numbers tomorrow to see where the economy is headed. numbers suggest a big rebound. here is how asia is keeping things kicking things off in new zealand. cautiousness, stocks dow
our roadmap begins with shares of amazon soaring in the premarket after a solid earnings report. we ll dig into that report plus how amazon s game plan is going after netflix. and becky catches up with warren buffett in omaha. and more on apple s rough month. what does it need to recover? exxon and chevron out with earnings. what you need to know about big oil and all the energy names leading the way isn t the s&p this month. first up, amazon up sharply after posting its most profitable quarter ever. revenue growth the highest in almost four years. the sales in the company s cloud computing business up 64%. and then there s the upbeat guidance, the margins story, the operating net out of web services bigger than their north american business. i have to tell you, you know, on the conference call, the conference call is very flat. people understand amazon conference call it s almost like it s being spit out by amazon itself. it s just a very without any emotion. when you
come up here, stayed too long, promised too much and ultimately become part of the problem that they were sent here to fix. people are looking for a different type of representative. and i think that that s something that we all are striving to be and see as a tremendous opportunity. you know out there you know, there is tremendous frustration. i caught the tail end of congressman jordan s comments. and i very much found the same thing to be true in the fourth cession nal district of texas that i m privileged to represent. i don t have this opportunity because people have fallen back in love with the republicans. and you know out there in my district people feel like the republican party has been focused too much on the top 1%, that there s been too much corporate cone nichl, corporate welfare and corporate bailouts. but they re also convinced that the democrats are focused too much on the bottom 3%, folks that are getting by on entitlements that don t really need them. and w
south and takes all that rain and snow with it. now we could see some lake affect as you see the cold air coming over the warmer lakes. the big problem will be the drop in temperatures. today s 72. tomorrow, 53 with the low temperature of 28. widespread freeze warnings in affect for texas and oklahoma. the southern plains and areas that have not hit freezing already. we ll see it by tomorrow morning. temperatures across the northeast are climbing and low 50 s in philadelphia and new york and 58 degrees. there it is, you can see it with new york five-day forecast. so 55 down to 43, now it dries out wednesday, thursday, and friday. it s cold in the morning. low temperatures in the mid to low 30s. highs barely climbing with a light breeze. china could soon have a solution to organs. american scientists have developed a similar device. researchers say it could be years before it s used for mass organ production. we continue to watch washington awaiting word from the president o