Aggregate, all these places did something praiseworthy and novel. They took steps to make it easier to vote. They did this by expanding eligibility for mailin voting and early voting and adding drop boxes for ballots right . Theres Public Health concern. You dont want everyone crowding in on election day so people found ways to just make it easier to vote so you wouldnt have that. And the results are clear. It worked. Turnout was the highest it had been in 120 years. Nearly 67 of eligible voters cast a ballot. And also there was no uniform drubbing of one party by the other. It was not a blowout. It was a competitive election. Yes, joe biden won by a healthy margin. 7 million votes. 70 plus Electoral College votes. But remember republicans gained seats in the house. They want some key senate rates right . Now rather than looking at that outcome and thinking wow, we can be a Competitive Party even in high turnout elections which would have been a totally rational conclusion. Republican
These companies have big time backers. The Plump Jack Group is home to a hand full of properties. On their website, youll find wineries, bars, restaurants, even a boutique hotel. Abc 7 niece brks krrks bc 7s a companies founded by gavin newsom got 3 million of ppp loans. Villa encinal partners. The name is traced back to the plump jack winery in np pa. Gordon getty is an investor. According to sba data, the Company Received a loan for more than 900,000 on april 14th, 2020. The sba expects 60 of the loan must be used towards payroll. Based on the data, which indicates this business retained 14 employees, if divided equally, each of them would have received around 40,000 to cover payroll. Over a period of three months. Hypothetically, that would amount to a salary of 160,000 per employee. Its unexpected for 14 Employee Organization to get nearly a Million Dollars. Reporter sean is a policy analyst for pogo. He specializes in tracking ppp funds. The purpose behind this program is to save,
Good thursday morning. Welcome to squawk alley. Im jon fortt with carl quintanilla. It is cloud week on squawk alley. If you were betting against snowflake, wur oyoure out in t cold this morning. That stock up is 12 same for Cloud Security and authentication specialist okta were going to talk to the ceo to see if this thing may stabilize from here or go higher splunk, that is the sound of a cloud stock dropping 22 after missing Sales Guidance for the third quarterer in quarter in a row. All this happening as amazons cloud conference is in full swing. Salesforce announced the second Biggest Software acquisition ever and we started the week on squawk alley talking to ibm president Jim Whitehurst who came to big blue in what and is still thelargest Software Acquisition ever redhat driven by a hybrid cloud. Julia, investors are betting on further growth from already heady levels we can certainly see that in what is happening with snowflake this morning it is reapproaching the highs that so
Under siege. But front line er doctors still manage to send a message of hope plus, weve got a live one shark tanks mr. Wonderful kevin oleary in the news tank, talking Small Business survival. Live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening. The United States just topped more than 13 million covid cases, according to johns hopkins. Los angeles has just issued a new stayathome order it starts on monday. A full report coming and all of this as the virus has disrupted another american tradition. Black friday, normally one of the busiest shopping days of the year not in covids 2020 in many parts of our nation, thinner lines at stores. Smaller crowds at malls. Many people opting to shop from home instead its a trend accelerated by covid. Shoppers projected to spend as much as 10. 6 billion today. Thats according to the data firm Adobe Analytics and thanksgiving day spending rose by more than 21 compared to the same day last year. Total sp
More than 30,000 people in the United States took part in modernas phase 3 study. Among them 95 were confirmed to have covid19 two weeks after the vaccine. 90 were observed in the placebo group, and five in the vaccinated group. 11 developed severe cases, all within the placebo group. Based on their interim analysis of the data the firm estimates the vaccine had an estimated 94. 5 efficacy and says there were no significant safety concerns. Moderna is part of the United States operation wp spee ich as to accelerate the e hd of e programays the and dernaaccine wld b eas t administer bauseheaccine cabe stored at standar to a month. Temraturesor up as oppos tthe pfizer vaccin which will require specialized storage to ensure temperates remain between minus 60 and minus 80 degrees celsius. If approved by regulators, moderna expects to have about 20 million doses ready to ship in the u. S. By the end of this year and is on track to manufacture up to 1 billion doses for global use in 2021. An