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In indonesia, the number of daily new cases has recently exceeded 3,5,500. Authorities in the capital of jakarta have tightened restrictions that had bebeen ead since june. They require companies to raise the number of teleworking employees to three quarters for most industries. Gatherings of five or more people are also banned. In israel where new daily infections have surpassed 5,000 and nationwide lockdown will be imposed again beginning friday afternoon. In brazils largest city of sao paulo, 18 of children have brn been infected with the virus. Local authorities had been planning to reopen Public Schools next month for the First Time Since mid may, now that has been pushed back to november or later. A former member of the White House Coronavirus task force has acaccused u. S. President drum o placing prior ....
Airlines tiktok bids moving walmart is now in the mix. Yes, walmart and that stock is up 5 . Microsoft up 2 . A record close watch for the s p 500. At least 59 minutes left of trade. Anything positive, jon, for s p and nasdaq as we go into positive territory with the new records . Once again. And coming up on todays show. Two key reads on the state of the recovery in america. Well speak with the heads of Regal Cinemas parent cineworld and ihg group about safety and demand in light of the pandemic. And counting down to big earnings after the bell, including dell, gap, hp and more well bring you all of those numbers as soon as they hit. Now straight to the big stories we are watching today. Mike santoli is tracking todays volatile Market ActionSteve Liesman and Morgan Stan ....
Twist. Walmart teaming up with microsoft in a bid for the popular social media app both stocks rallying to new alltime highs on this news. Julia boorstin has the details. The news keeps coming on this one. Reuters just reporting tiktok engineers were told to make contingency plans should it need to shut down u. S. Operations they are preparing for various scenarios including a forced shutdown telling us they are simultaneously developing plans to make sure u. S. Employees continue to get paid on the heels of any outcome. Walmart is teaming up with microsoft to buy tiktok. Walmart telling us, quote, we believe a potential relationship with tiktok u. S. In partnership with microsoft could add this key functionality and provide walmart with an important way for us to reach and serve omni channel customers as well as grow our Third Party Marketplace and advertising businesses dan ives tells us, quote, we believe microsoft buy ....
Protests against his government will be live and had at it. And speculation is rife in spain after former King Juan Carlos left the country while the investigation for corruption. And sport the l. A. Lakers had secured top spot in the n. B. A. s western conference for the 1st time in a decade bron james his Team Clinching the number one seed with a win over the top. We begin with a Global Pandemic countries which are once had coronavirus under control and all struggling with a soaring number of infections and that is forcing governments to reimpose tough restrictions on their citizens in a fit of pain since capital manila and surrounding provinces have gone back into the lockdown public transport has been. Shutdown and some businesses closed and people now need special passes to leave their homes or hundreds of milita ....
Donald trump orders in and to hong kongs special status well signing legislation to sanction chinese officials. Beijing vows to take strong countermeasures. Earnings season continues. In the united states, Goldman Sachs reports after jp morgan, citigroup, and wells fargo set aside almost 28 billion for bad loans in the Second Quarter. Welcome to the program. Just under an hour away from the start of the cash equity trading day, lets have a look at futures. We do have a lot to talk about when it comes to the Banking Sector and the bad debt story in the u. S. All of that was quite dominant in yesterdays session, but we do have some catch up to play in the europe in europe. Plus, we work in the latest trial data from moderna over in the u. S. That particular vaccine getting some headlines. As a result of that, we see that li ....