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From washington. Of blake, we start with you, my friend. Reporter connell, the headline over here in washington is that the white house has increased its offer for a revised covid19 relief package. A Senior Administration official telling me the new number is, give or take, 1. 8 trillion. The white house has come up from the 1. 6 trillion range that it was previously at. Larry kudlow revealed the news on fox business earlier this morning saying there was an oval office with President Trump, treasury secretary Steve Mnuchin and chief of staff mark meadows in which the president gave the green light on the new offer. Mnuchin held a phone call with nancy pelosi this afternoon to go over the offer. However, the goalposts for President Trump have been shifting, b ....
Please welcome to the state governor roy cooper. [applause] where so excited to have you here, [inaudible] we were excited to have the governor with us today. Theres a lot of not a lot of time. Since youve been elected and in a relatively short tenure since november, your opponents have worked hard to show obstacles in your way and the lay of North Carolinas citizens. In terms of their ability to exercise their right to vote. Just yesterday we heard that the Supreme Court decided not to review a case that would have. [applause] a case regarding one of the most comprehensive antivoter laws weve seen in a long time. Were talking a little bit about the dynamics around that but the other experts that youve seen in North Carolina to restrict peoples right to vote. North carolina is an epicenter in the country for the fight for ....
York fed president bill dudley will speak. And the u. S. Equity futures at this hour looking down. The dow is going to open down 42 points. The nasdaq down 16 points and the s p down 6 points. In asia the hang seng is down. The shanghai composite is also down. The nikkei is marginally up this morning. European equities at this hour are also in the red across the board. Again, well call it marginal for now and take a quick look at wti crude. Were looking at 50. 20. It has come down a little bit but hasnt cracked the 50mark in terms of a downward pressure. If you feel like the s p has not done anything for four months, you would be correct. Yes. Nothing. Nothing. Just as flat as can be. Now the things that trouble me. What troubles you this morning . What troubles me is our distance. Thats a whole other story. Politically, fphilosophicall and in the meantime, it looks like something could happen. Good or bad. Which is its good. I remember when you built the wall, remember that . Im going ....
Ftse 100, italy, spain, all up. Looking at crude. Wti sitting at 50. 91. Lets get to that microsoft story. It is the top corporate story. Shares of the tech giant popping on better than expected quarterly results. The big driver, the cloud. The shares of the microsoft product doubling in the most recent quarter. The stock hitting an alltime high in afterhours trading breaking through a level hit at the peak of the tech bubble back in 1999. Its going to close in on a half trillion dollars again. Its great day to have ballmer on. He took a lot of flack for not turning it into something it wasnt. In hindsight, now that we have the benefit of hindsight, he kept that thing moving along. Increasing revenue. Maybe the share price didnt go all the way back. Got pretty rich himself. How much does he have left . I expect him well have him for an hour. I expect him to be in a really good mood today. Because of the stock price. Very few of us get like 4 billion richer on wake up in the morning. I ....
Good morning, it is 10 00 a. M. At at t headquarters in dallas, 11 00 a. M. On wall street, and squawk alley is live. Welcome to squawk alley for a monday morning, john ford and myself along with ceo terry and Senior Editor peter cofta. Good morning to you both. Our top story fairly obvious, at t buying time warner for 85. 4 million. A deal uniquely different than anything theyve done before. Regulators already raising red flags, possibly putting an end to the deal before it begins. The senate and Consumer Rights is looking to schedule its first hearing on the merger next month, and its not just washington, the competition also warning against the deal with one disney spokesperson saying, a transaction of this magnitude obviously warrants close scrutiny. Time warner ceo says the focus is vertical and mobile. We were talking about whats happening in media, all these new produc ....