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Hes here in a fox business exclusive about this new bacteria. The covid19 lockdowns forced many to whip out the credit card and buy essentials online. A publicly traded company is making all those transactions work. The incoming ceo is a wall street veteran who survived 9 11, the financial crisis and now the pandemic. He will tell us what he saw in early january that told him get the employees to work from home and out of a crowded business area. That was well before just about every u. S. Company had even heard of covid19. Charlie breaks it on the big name Trading Companies refusing to sign on the dotted waiver line that the nyse requires to walk on to the Trading Floor. And 24 hours before the dragon capsule roars into space. Less than an hour til the closing bell, lets start the claman countdown. Liz breaking news. They are testing the systems right now. We are just over ....
Lets dive right in. And we leave the program taking a look at how Global Markets fared this week as the possibility of a 2nd wave of the corona Virus Outbreak in the u. S. Has affected Investor Sentiment there are a lot of red arrows out there so lets take you through the week starting in russia the mo x. Is in the red on its short week down 1. 75 percent the ruble fell from 14 week highs against the dollar on thursday retreating still losing more than 2 percent on the day as Oil Prices Also fell lets move to asia where the shanghai composite is just slightly down for the week closing the week nearly flat this following a huge loss on wall street on fears of a 2nd wave of coronavirus case in the u. S. As we just mentioned in hong kong the hang seng is also down ....
Take shape across the nation. This is a live picture that we can show you of an event being held right now in brooklyn, new york. As you can see, there are people with the microphone, there are people Wearing Masks and they are sort of social distancing and most importantly, it appears very peaceful. Isolated incidents of violence did mar largely peaceful protests all across the United States last night. Some businesses still struggling with that double whammy of damage from both looting and the enduring losses of the coronavirus pandemic. We will speak to one Business Owner who is desperately trying to cope. With so many people gathered so closely together in the middle of the coronavirus pandemic, will we still see a second wave of the deadly outbreak sooner than the fall . We will take you straight to the front lines. D ....
Web cam shortage . The nations hottest supplier going gangbusters after its computer equipment outfitted so many home offices during the work from Home Movement. The ceo of logitech is here in a fox business exclusive. I will ask him can we speed up the manufacturing of the web cam . And Actress Lori Loughlin faced a web cam and a judge via zoom for trying to sneak her kids into college. Now one Major University system says applicants no longer need to take the sat or the act. They are moving on because it can be gamed and so many more reasons. The khan academy has been invented so any student can learn from free, from Kinder Garden to those studying kindergarten to those studying for college, he is here. As more kids turn to him from home. Less than an hour ....
We are then told that right after the tour, hes to deliver remarks. We will take you back there as soon as the speech begins. It all comes as the market sinks slightly after the Labor Department reported that nearly 39 million americans are now out of work. 39 million total. The bears holding the edge over the bulls right now as businesses do slowly come back online. Lockdown orders come to an end here and there, but for now, the dow jones industrials, s p and nasdaq are colored red. Dow is down 84 points. We have the s p down 18. The nasdaq lower by 63. So how then do you square the reopening of the u. S. Economy with worrisome news that millions of americans are falling behind on credit cards, mortgages and auto loans . We have one of the biggest fish in the wall street pond. Jpmorgan Asset Management chief global strategist david kelly is here to reveal the data he use ....