Coming up, in a few moments, Global Investor mark mobius will join us. Chinese equities see a big week of gains they slipped a bit this morning. Shares of carnival jumping after they gave an update on the state of its business. Well speak with the Ceo Arnold Donald in a cnbc exclusive and Major League Season starting the season in florida. Well speak with the leagues commissioner about the risks and reward of taking to the field. We look forward to all that. Sara, up 0. 7 on the s p 500 lets start right there with the markets. The we have seen a big swing intraday futures starting off in the red. Hopeful signals then coming from gilead about the coronavirus treatment. Helping turn things around early. The company saying it was associated with an improvement in clinical recovery and 62 reduction in the risk of mortality compared with the standard care. Lets get to mike santoli tracking the moves in the names and sectors today. Yeah. Sturdy Performance Today solid week you would have tho
Hello and welcome to tonight virtual commonwealth program. My name is reed im a Technology Reporter with the Washington Post for employees to be the moderator for tonights program on a critical topic historical importance of the transformation brought on by artificial intelligent and virtual environments. As we have seen so acutely over the past three months with the covid19 pandemic in the social media with the killing of george floyd in minneapolis and its aftermath technology in online environments guide every aspect of our lives. Tonight i am pleased to be joined by two Silicon Valley pioneers to discuss these issues further. William davidow and Michael Malone, their new book the atoll must revolution was out now it delves deeply into the revolution we are living through regarding ai, the virtual environment. It can be purchased everywhere including bn. Com. A little bit about our speakers, William Davidow he earlier career worked at intel was credited to being one of the pioneers
To participate in todays hearing. Members are reminded to keep p their video function on at all ible for hemsel theyre notot recognized by the chair. Ve the members are also reminded ey that they are responsible for muting and unmuting themselves. To mute themselves after they r have finished speaking. Consistent with regulations, 96s astaff will only mute members and witnesses as appropriate when not recognized to avoid inadvertent background noise an otherre embarrassments. Members are reminded that all house rules related to order ano decorum apply to this remote trn hearing. G this hearings entitled exposure notification and Contact Tracing, how ai helps localities open safety and researchers finn it pure. Statem i will now recognize myself for four minutes to give an openingc statement. Good morning. Todays hearing will focus on the essential trade offs that ry the covid19 pandemic is forcing upon us to make between life, liberty, privacy, and the pursuit of happiness. A and the r
Again. Microsoft, amazon all hitting record highs the nasdaq flirting with another record close despite the Broader Markets selling off. 59 minutes left of the session sar yash sara, were down. 5 . We have big guests coming your way well be speaking with Loretta Mester about the economic signs she is seeing in america and how the fed is weighing the spike in cases. And the rollback of the reopening measures across this country. Shes a Voting Member of the fed. Plus, 150 million, that is how much Deutsche Bank agreed to pay in the settlement with regulators over the dealings with Jeffrey Epstein Deutsche Banks ceo will join us to talk about that settlement and a whole lot more an important update on the business lets get straight to the big stories were watching with one hour left of trade mike santoli tracking the market meg terrell has details on a 1. 6 billion as part of the operation warp speed effort to battle the coronavirus and get a vaccine. And phil lebeau has the latest on the
Social distancing we meet the South African minibus drivers who could end up accelerating the spread of covert my g. s. Im all me and use of welcome to the program we begin with the future of europe after the pandemic that was the subject today as german chancellor Angela Merkel and french president Emmanuel Mack home at a maze of palace near berlin it was their 1st face to face meeting since the pandemic hit in march the 2 leaders were eager to show they stand shoulder to shoulder on a multi 1000000000 euro plan they say is crucial to guaranteeing that use future. The greeting was distanced because of coronavirus but warm nonetheless it is not by chance that he. Is the 1st foreign leader to meet with chancellor merkel since the virus crisis began the pair spearheading a 500000000000 euro proposal for rebuilding europes economy off to the pandemic these are 2 leaders who want to Work Together and be the driving force for europe. We understand that europe is not united merely because ge