Im joshua johnson. Welcome to the week. The White House spent part of Mothers Day doing Damage Control after a disappointing Jobs Report last month. Were making bold moves but theres a Long Way To Go and we have to be there to help americans find jobs. Were focussed on working with congress to get the Jobs Package passed and familys package. The reality is we have fallen behind with our investments in the economy and people are still struggling. The gop is blaming the april Jobs Report on the jobless benefits put in place to combat the pandemic recession. Some republican governors have started cutting federal aid hoping to force more people back to work. President biden says he has hope for bipartisan support of his multitrillion Dollar Infrastructure and Jobs Package. He plans to meet with each Partys House and senate leaders and with a group of republican senators. The gop has more on its mind than even this huge infrastructure plan. House republicans could vote Congresswoman Liz Che
World headquarters in New York, im Joshua Johnson. Welcome to the week. Today the White House spent part of Mothers Day doing some damage control. After a disappointing Job Report last month. We are making bold moves, but there is a long way to go, and we have to be there to help americans find jobs. Right now we are obviously very focused on working with congress to get the president s Jobs Package passed. And his familys package. The reality is, we have fallen behind, with our investments in the economy and people are still struggling. The gop is blaming the April Jobs report on the jobless benefits that were put in place to combat the pandemic recession. Some republican governors have started cutting federal aid hoping to force people back to work. President biden says he still has hope for bipartisan support, of his multi trillion Dollar Infrastructure and Jobs Plan. This week he plans to meet with each Partys House and senate leaders, and with a group of republican senators. But t
treasury secretary digging in his heels on the topic of reopening saying, we can t shut down the economy again, sarah. gary he cou gary cohn joins us and last month there were more bubbles to come he ll join us to weigh in on today s down turn. and the black swan of 020, that s what sequoia labelled the pandemic in march. we ll talk to partner roelof botha about how he views the start-up landscape right now let s get to the selloff and our team of reporters to break it down mike santoli tracking the plunge brian sullivan on energy stocks. meg terrell covering one big area of the market for the market, the rise in covid-19 cases in some states mike, start us off with the broader ugly action that you re seeing in the final hour of trade. there was an easy way to deal with that and hard way we took the hard way a sharp and violent flush, maybe the start of something deeper. i want to point out stops along the way. the easy way is to flatten out the rally and go side ways we re b
namazie in london i ll have the top stories from europe including. people are dying every every minute every day. the 1st woman to run a hospital in neutral syria tells us why she has little hope the situation in libya will improve. and in sports steph curry has made his long awaited return to the n.b.a. he scored 23 points for the golden state warriors in his 1st game in 4 months. we begin this news hour with the latest on the coronavirus all break which is forcing people around the world to drastically change the way they live travel restrictions are being tightened millions of students are off school and the global economy is feeling the pinch all those developments in a moment but 1st let s take a look at the global picture a covered 19 as the virus is official. known as being tracked by johns hopkins university in the us has come up with this dashboard was using figures from various sources including the world health organization the centers for disease control in the u.
china. stocks look to rally this morning on the first trading day of may inve facebook s privacy shift, facebook is rolling out its biggest facelift in five years a boost in wearables and up against guidance and the $75 billion buy back iphone sales continue to slump now only 53% of apple s revenue and down from two-thirds of its peak jim, you talked to jim cook last night? yes, better and better each month or week, it continues. china is looking good. i get to talk to tim alone it is a lot of fun we were puzzling over the notion of what a subscriber apple is worth now. i am trying to get these guys to understand the narrative to get 20 times earnings, you have 390 million subscribers. how many subscription they have and you can take a look, they have 500 millions. it is a much better price. do you remember when everybody was angry that they stop talking about the number of assets if you are going to have a service screen that trumps your hand set numbers, that was trum