Up to deliver vaccines to remote areas. We start on wall street where the Stock Market Rally continues with the s p 500 and nasdaq closing at new record highs. Americas Top Companies are reporting better than expected results. The senate is inching towards passing President Biden s 1. 9 trillion stimulus package. And theres been another fall in the number of americans filing forjobless benefits a sign the Labour Market is stabilising. There are still huge problems facing the worlds biggest economy but investors believe the flow of cheap money from the Federal Reserve will keep on coming. The biggest problem isjust that we have 20 million americans who are still in some state of receiving Unemployment Insurance benefit so we still have a really long way to go on the labour front and that take quite a bit of time to resolve. But gdp and output may recover faster but it will take more time to employ that many americans. I think it means that for market, we now believe that for market, we
Impact that its products have on smartphone addiction in children cnbcs leslie picker has more on this story for us. Leslie hey, bill, thats right, its a twist on activist investing. Jana and california state teachers retirement system, sending a letter over the weekend to apples board pushing for changes there. In the letter, they say that apples ubiquity has created unintended negative consequences for children, particularly when it comes to their physical and mental health. They want apple to form a committee to study this issue and add more restrictions for younger users. Apple already provides tools that allow parents to restrict what their kids do on their phones, but jana and calsters believe there should be more thats done there. The letter was part of the firms announcement of their own social impact fund the plan is to raise money then use their activism knowhow to target Companies Like apple they they believe could do better when it comes to social issues now, investors and
Flat. The ftse is down by 0. 1 in italy. Crude was the big story yesterday. Wpi this morning is up once again by 1. 6 . Gain of 77 cents to 48. 10. This comes after it looks like additional countries from opec are standing with saudi arabia saying those production cuts need to be expanded and also we saw a surprise decline in the supplies here in the United States. Now lets talk about todays corporate story. Shares of snap plunging after the Company Released its first report since going public. Snap missed on the top and bottom lines. The company struggled to keep up with user growth validating a lot of concerns about its ability to take on facebooks insta fwram and tgram and the s feature. Heres what evan spiegel had to say about competition on that call. People will copy your product if you make great stuff. When google came along, everybody felt they need a search strategy. When facebook came along, everybody felt they needed a social strategy. With snap, we believe everybody will d
Welcome to bbc news. President trump has condemned the White Supremacists and neo nazis who took part in the weekends violent demonstrations in virginia. One woman died when a car was driven into a group of people who were protesting against the far right march in charlottesville. Donald trump has faced criticism for failing to speak out in the immediate aftermath of the attack. But this afternoon he said racism was evil and those who caused violence in its name were criminals and thugs. Our North American editor jon sopel reports. Vacation suspended, the president returned to washington this morning from his holiday to meet the director of the fbi and the Attorney General following the Weekend Violence in charlottesville. Meanwhile in the University Of Virginia town, there were scuffles outside the court where James Alex Fields appeared this morning on Murder Charges after a car ploughed into antiracism protesters. Oh, my god, people are badly hurt. Oh, my god. The president s everyon
Welcome to bbc news. President trump has condemned the White Supremacists and neo nazis who took part in the weekends violent demonstrations in virginia. One woman died when a car was driven into a group of people who were protesting against the far right march in charlottesville. Donald trump has faced criticism for failing to speak out in the immediate aftermath of the attack. But this afternoon he said racism was evil and those who caused violence in its name were criminals and thugs. Our North American editor jon sopel reports. Vacation suspended, the president returned to washington this morning from his holiday to meet the director of the fbi and the Attorney General following the Weekend Violence in charlottesville. Meanwhile in the University Of Virginia town, there were scuffles outside the court where James Alex Fields appeared this morning on Murder Charges after a car ploughed into antiracism protesters. Oh, my god, people are badly hurt. Oh, my god. The president s everyon