Not a surprise if you look to see whats happening with the shutdown of the economy, the forced shutdown because of coronavirus. Taking a look at the tenyear this morning, it looks like that is yielding about 0. 735 at least on the last time i looked at the boards it was. And then wti is the other big story today. Joe also mentioned opec plus deal it was an historic one opec and other nations agreeing to cut Global Oil Production by onetenth. Well talk about this in a few minutes. Wti is up by 1. 5 to 23. 11 a barrel. We have a huge lineup of squawk newsmakers including Mohamed El Erian, Richard Preston and dr. Scott gottlieb starting in a few minutes. Andrew thanks, becky hope everybody had a great weekend. Lets bring everybody an update on the pandemic. Of course, the number of confirmed cases in the United States now more than 557,000 and the death toll is more than 22,000 there are 190,000 cases in new york state with more than 9300 deaths that means new york alone has reported more
Today we are here to discuss the eradication of evil and some of the medical advancements learned in trying to suppress this deadly disease. The outbreak started in guinea liberia and sierra leone and spread to mali, nigeria and senegal and even beyond the continent of cases in italy, spain, United Kingdom and i think we all remember the cases in the United States. The the ebola epidemic has been heightened because its in the conflict zone in the democratic abhappens to have more than 100 active armed groups in the region. North kivu also shares a border with uganda and is a hub for travel and trade but also various other types of Movement Across the border. New cases are hard to determine because of the violence and political unrest in the affected areas have further restricted the communitys access to healthcare. The lack of security in the region is also hindering the Ebola Response by making it difficult to trace contacts and organize Crucial Community outreach activities. Some Hea
The road map begins with ibm, sales falling for the 13th straight quarter. Ibm not the only stock were reporting on this busy weeks this week. Mixed quarters for vz and united technologies. And facebook the company overtaking overtaking General Electric in market value. Ibm, sales down. Adjusted earnings did beat but the performance of the traditional and software dragging. Earnings hurt by the strong dollar. And they expected a slightly stronger currency impact. The cfo is calling the results a reflection of where we see longterm value in i. T. This will take some time. I think one of the things that happened that was wrong were ibm was that the stock ran in anticipation this would somehow be a breakout quarter. The cf so great. He made it clear it wasnt going to be a great quarter. I kept thinking what about what he said made him feel like this was the one. Software was not as long as id like. Backlog did grow. There were problems in brazil russia, india, china. I am not defending th
Taking a step back on kerrys senator john mccains war hero status. To be clear hes still unapologetic in an interview. Trump offered this compliment to john mccain. Im going to say this. I have respect for senator mccain. I used to like him a lot. I supported him. Raised a lot of money for his campaign. And certainly if there was a misunderstanding i would totally take that back. But and hopefully i said it correctly and shortly thereafter i said it correctly. Trump is blaming the media for the whole controversy, hes reiterating, he does think john mccain is a war hero and thats what he meant over the weekend. Well, here are some of trumps original comments so you can judge for yourself. Somebody should run against john mccain who has been, in my opinion, not so hot and i supported him for president. I raised a Million Dollars for him. Thats a lot of money. He lost, he let us down. So, i never liked him so much after that because i dont like losers. Hes not a war hero. Hes a war hero b
All today. I will be here the whole day. And there are a few other areas further inland, too, we would like to search. But ive mapped out a grid. I have it on facebook and a lot of people are going to be helping. It will be good. Searchers believe myrick is dead but they want to bring him home. And turning to our coverage of super bowl 50 and starting this morning for the first time commuters in San Francisco began to feel the traffic impact of playing host to the nfls biggest game. Allie rasmus shows us the street closure and the gridlock. Reporter from 7 30 a. M. On the traffic in the embarcadero area here at embarcadero and washington started to get heavier than usual and it has not let up since then. In fact, at around 8 30 this morning parking and Traffic Enforcement officers came down here and one of them shut down the lefthand turning lanes. This is from the northbound lanes of embarcadero over to washington. Cars were able to turn left from this direction, but the Parking Enfor