They are suspending trading in hong kong. We dont know the reason for that but we will bring you the reasons when we get it. Backdrop, the hang seng up by half of 1 . The authority spending a lot of money to defend the dollar peg. That is something on peoples. Inds as people make a rush 0. 5 toi composite, about the downside. Of what istrends going on as far as Market Action in this part of the world. Lets look at some of the first word news. President trump seems to have abandoned any hope of a virus package before the election next hek, telling supporters that sees a deal coming after the votes. Package covid19 continues to soar in the u. S. In newlizations jumped , ando, 50 in wyoming elsewhere in connecticut. France is planning a nationwide lockdown bid one in four airports in europe are collapsed as the virus europe face collapse as the virus stifles travel. Kar inion people in kash were said toince have undergone checks over the weekend. Authorities found five confirmed asymptoma
Were going to give them more. Target soaring today if youre looking to buy the stock now, have you already missed the mark . We will debate plus, we are following the after hours action in shares of both nvidia and l. Brands both stocks on the move after reporting results. Well break down the numbers a surprising stat on l brands that i promise you did not know. Later, bonawyn is taking to the mound to pitch his next best idea why he thinks this housing play may be a total home run. We are going to begin now with breaking news on airbnb and their plans to go public lets bring in deirdre bosa with more on the details. This is a filing that we have been waiting for for a very long time however, airbnb filing confidentially so well have to wait a little longer this isnt unexpected. A source told me airbnb could file as soon as august and shares could trade this year just because you file confidentially doesnt mean you have to ipo any time soon. What may be surprising is that airbnb is fav
David an awful lot in this bill. 370 billion dollars to replenish the ppp program, 700 50 billion for hospitals, 25 billion for testing. What is not in the bill that you think still needs to be done . Rep. Pelosi first let me say how pleased i am with what is in the bill does weeks ago the secretary of the treasury called me and said he needed a quarter of a trillion dollars in 48 hours. That would mean that by tomorrow two weeks ago the republican leader went to the floor and said it was 250 for the program and that is it, we are not making any other additions. We objected, the Democratic Senators objected. They made a counterproposal which was resound late rejected by the republicans. Refused tok, there negotiate until last thursday. Then they realized they had no chance to do the 250. There was so much more urgency. In the bill we have pushed the 250, that was what we helped put together. We support our Small Businesses, their entrepreneurial spirit, their optimism, their source of
Two in santa clara, who are household contacts of other coronavirus patients. The county has nine total cases. There is a second case in Sonoma County. San mateo has reported its first presumptive positive case. Thats pending confirmation from the centers for Disease Control. We have Live Team Coverage on the coronavirus outbreak and its impact to the bay area. Abc7 reporter luz pena is checking out the rush on supplies in San Francisco. Big, uwe begin with Lauren Martinez in the north bay where authorities just held a news conference. Lauren . The Sonoma County resident recently returned from a cruise ship that travelled from San Francisco to mexico. Now theyve been in the county for the past ten days. Right now theyre being treated at a local hospital. Now this case is unrelated to the diamond princess cruise ship that weve recently reported on. Now officials just briefed us on the latest. They say this is the second case of covid19 in Sonoma County. A hospital here is taking care of
Countrys government. Back into the program an airliner has crashed on takeoff in kazakhstan killing at least 15 people the back as jet came down there marty airports mashing through a wall before hitting a house rescuers have worked in freezing temperatures to reach the 95 passengers and 5 crew in the wreckage many are seriously injured in hospital those cars that government ordered the immediate grounding of the Airlines Fleet of dutch jets built in the 19 ninetys alexandra gold froid joins me now from moscow and of course we wait to hear about the death toll of the injury toll but what do we know about the circumstances of the crash to start with. Well not very much is known about the circumstances of how this plane crashed what we do know is that it crashed almost immediately after taking off from the arm of the International Airport that it didnt reach a very High Altitude when it lost it and then it crashed into a concrete fence and then into a 2 Story Building it did not catch fi