Thousands of Staff Working in Asda Supermarkets have won a major victory at the Supreme Court, in their five year battle for equal pay. The store employees, two thirds of whom are women, argued that the male dominated workers in distribution depots, were unfairly paid more money. Judges upheld a ruling, that their roles could be compared. Heres emma simpson. Today the Supreme Court has ruled that workers on the shop floor at asda can be compared with colleagues in distributing centres when it comes to equal pay. Wendy worked at asda for 32 years in middlesbrough. Shes retired now and has happy memories of stacking shelves and community work. Her husband worked for asda in the nearby depot. Weve always worked as a team, but him getting paid more than me, itjust wasnt fair. Her reaction to todays news . Fantastic fantastic part that we actually got awarded it, that things will happen. Asda responded today, saying. Retail and distribution are very different sectors with their own distinct
Is anything safe nasdaq fell for its worst day since october 30th look at some of the big moves for big tech amazon and apple falling more than 2 . Is today a pullback or the start of something bigger. Tim, i will start with you the pullback 14 in eight or nine sessions, we came back to set new highs. None of this should be taken as an alarm semis were down 3 over the last four or five sessions. The door dash and air b b ring a bell of sorts. Zoom, peleton, you name it, they were down significantly. It seemed like everybody took a day off while everybody looked at an absurd, positive for dopoe for door dash i wasnt here yesterday, but i was watching watching yall all of the time the apparent frothiess in the ipo market i wont cast judgment whether its froth or ringing the bell first of all, i know you werent watching and i know if i asked you if you knew who nigel was, would you have no idea, like dom thats pathetic. Kudos to steve grasso, but i think you are looking at where to get in
More on all of this massive stock market volatility with 59 minutes left of trade. Coming up in the show, were down 2. 5 on the s p 500 and we have a big show coming up for you today were going to talk about all of those things that you just mentioned. We have former cisco ceo John Chambers coming up were going to talk about the comments from President Trump about potential decoupling between the u. S. And china and you will not want to miss what he has to say he previously used to run major Multinational Organization that operated both in the u. S. And had a small part of the business in china and then on todays selloff, you want to hear from Mike Novogratz the ceo and founder of galaxy digital. He said there was a frenzy in stocks he called for major selloff and what do we have on our hands now . Well hear what novogratz has to say now. Lets get to the big stories that were watching. Mike santoli is tracking another rough session for the market phil lebeau is following major moves in
A bipartisan letter urging for delay in implementation. Every entity both banks and nonbanks which were not included in the cares act on the same footing can conduct the study with real life se narp owe that we had going today. Given the actions by congress, should we delay as i and my colleagues have called for and should the treasury examine the real life scenario we have gone through when kwuki inconducted study. I think that should be considered we are working on the study. The president issued an executive order with regards to each agenc looking at the rules, regulations that were waived, declined or whatever if they dont work now, why should we continue them down the road when we get out of this mess i assume everybody is doing that this accounting principle would fall in that area of we need to be looking at this as something down the road. I would agree thank you appreciate that. Theres a time and place for rules and regulations and a time and place that are nonfunctioning whe
Now. Thats a gain of better than 800 points, 2950 a key level for the s p, were slightly above that with a gain of 3 . And the nasdaq, where so much strength has been of late, 2. 3 higher, 9230, russell 2,000 having a big day as well kevin oleary, 2950, key level on the s p were all the way back to where we were in early march and you, my friend, you say youre growing more bullish. Yes, i am i listened to what the fed says and they have an unlimited pocketbook they made it clear they are going to overcompensate, scott, and youre starting to see it happen right now. The beneficiary of this will be issues of credit, we issued a trillion dollars worth of investment rate credit so far this year. Spreads have tightened you know i watch the etf market like a hawk. The fed has only done a few hundred Million Dollars of purchasing it is job owning that is getting it going this is an extraordinary time. If youre an investor and missed days like today, youre mitts g i missing 30 , 40 , 50 of the