Busy tuesday ahead early today starts right now thank you for being with us. Im frances rivera. Im phillip mena. More than six months into this countrys battle with covid19 were still struggling to contain it, infections are nearing the 3 million mark in new orleans officials ran out of tests five minutes after opening. In phoenix people sat in their cars for eight hours and san antonio officials imposing limits on testing. More than 200 scientists are urging the World Health Organization to advise guidelines and acknowledge the virus can spread through the air indoors. Droplets stay airborne 12 minutes after someone stops speaking. Immigration and customs dealt a blow to international students, foreign students pursuing in the u. S. Must leave or risk deportation if their college has switched to online only courses. In florida, the education commissioner ordered all Public Schools to reopen next month following the guidance of Health Officials. In texas a Record Number of people flood
At 8 30 a. M. Eastern. Major retailer reportedly ready to file for bankruptcy. Commerce secretary wilbur ross will join me in 30minutes time. Markets look like this, fractional gain at the start of trading, dow industrials up 13 points and s p half a point and s p nasdaq up in 22. Dow trails finishing up 377 points, the nasdaq was up 32. Headed for third consecutive week of declines. Controversy is growing in general flynn case. Calling for fbi report that officials claim have vanished. Mornings with maria live. Global markets look higher across the board. Cac quarante is up 34 and dax index in germany up 179. Bank of england governor Andrew Bailey says negative rates are not being considered this following comment of jay powell this week and Germany Economy shrinking 2. 2 in the First Quarter. In asia markets were mixed. More signs of slowdown in china overnight. Retail sales there for the month of april were out, they were down 7 and a half percent. Then there was industrial output s
Officially launching its disney plus platform. Goldman sachs customers, concerned about gender bias allegations, says, quote, we hear you, the bank reevaluating the apple card credit limits billion dollar cost cuts, juul labs set to slash 16 of its workforce. Were going to begin with disney entering the streaming wars, the companys disney plus Service Launching today with a Monthly Price tag of 6. 99 subs will have access to nearly 500 films, 7500 tv episodes, disney has spent more than 3 billion on technology and content prior to the launch. It is a big deal for kevin mayor, in charge of making this thing work and we have seen some technical hiccups here on this first day. Overload. Maybe high quality problem, not sure but i looked at all the offerings, i said to myself, when i had two little girls, i think i would have said, no, i dont have to go anywhere this is it, you go do that, and then i can go watch football in the other room that was my thinking and then the mand loalorian wa
We went to a bull steepener from a bear steepener. Time never global exchange. We bring you todays market moving news from all around the world. Joining us from hong kongs frombergs karen leigh, mumbai are bloomberg executive producer, and Michael Mckee is in washington. We want to kick it off in hong kong, where chief executive carrie lam invoked Emergency Powers and banned facemasks as protests continue. Not an easyis decision to legislate to ban the masks, but given the Current Situation in hong kong, this is a necessary decision. Alix karen leigh has more. Whats been the response . Not a great response from protesters. People are gathering in the city center as we speak. They started gathering while carrie lam was still speaking. People worried this would give police power to go and arrest people, search without a warrant , and in an extreme situation, shut down the internet. It has a huge potential to impact life here. It is something people are upset about. It could fuel proteste
Afternoon. Two big deals to tell you about. First, disney and charter ending their dispute right in time for charter customers to watch monday night football on espn. A lot of new york subscribers. The jets, as everybody here knows, are playing tonight. Charter shares are up 3 1 2 . Wbd up as well on brighter prospects for the tv business. Well have more on that coming up. And a different kind of deal. Smucker is buying hostess for about 5. 6 billion. Should help smucker grow in what the ceo is calling Convenient Food occasions and what we call junk food. Well get a traders take on what this mean for smucker a little later in the show. And we should note those shares are down 7 . So a lot of investors, tyler, a little concerned about the valuation. Kelly, did the giants actually play last night . Were you there . I was there. I felt bad. Soaked and smoked. Believe me. And left at halftime. Wow. All right. Stocks higher today after starting off september with the all too common septembe