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It came before the coronavirus headlines started to impact the u. S. And as a result l brand, which owns victorias secret, bath and body works, has had to close stories, lay off employees and this was sort of a lifeline to l brand to unload it because they werent able to turn it around so if they get stuck with it again, its pressure on the retaile retailers. L brand is a prime example, one of the worst hit. Indeed. Well see you later this afternoon, sara. Welcome to squawk alley, you see the bounce today after two days of losses as we get some progress regarding rescue packages from the senate to the house. Got a bunch of discretionary Companies Raising Capital through various means, secondary and so forth and the earnings not bad when you look at snap, chipotle and netflix last night. Interesting when we look at netflix and snap which had interesting positive metrics in their earnings we had ibm the day before talking ....
Alexander announced he will hold hearings now talking about Bipartisan Legislation to strengthen the individual markets in 2018 so lets start there so what is your sense . I think there is a lot of consensus on what is needed to shore up or strengthenre the Affordable Care act marketplace. Into going into 2017 there is a lot of evidence that Insurance Companies are starting to find their footing but the policy of sir in the coming out of washington if they will repeal the aca all of that uncertainty is causing Insurance Companies very nervous about participation so Going Forward is we dont know those key decisions to give that confidence. But first that announcement that sabrina mentioned. Now ....
Inauguration coverage. Speaking of congress, republicans at the house retreat this weekend have decided upon a plan they will vote upon next week to extend the debt limit by three months with hopes of using the federal budget as a way of tackling spending. What do you think of that strategy . You can call us at 202 5853880 for democrats and 202 5853881 for republicans. 202 6280205 for independents. Send us a tweet at twitter. Com cspanwj you can send us comments on our Facebook Page and our email at journal cspan. Org. From the Baltimore Sun a story about the weekend retreat and a detail about the plan. Writing debt limit vote set. Heres what they write host attending the retreat and writing a story about it, jonathan strong from roll call. He is their staff writer. Jon, can you give us a little bit of the thinking by house leadership as to how they came up with this as a plan ....
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