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Storage is limited amid the coronavirus prices. Oil closing, folks, at the lowest point ever seen since the original Oil Futures Contract began trading back in 1983. The drop is choking the stock market. We are very close to session lows at the moment, with the Dow Jones Industrials down as far as the biggest percentage loss here, 2. 25 or 534 points to the downside. The market action, believe it or not, would actually have been worse if it werent for the fact that we could be just about 72 hours away from another half a trillion dollar infusion from the federal governments financial fire hose, as congress inches closer to a deal to replenish the Small Business loan program. Congressman kevin brady, republican of texas, is the Ranking Member of the hous ....
One famous wall street name. We will get the very latest from the white house. And the daytona 500 overshadowed by a final lap crash that sent ryan newman to the hospital right there. There goes his car. Also sent denny hamlin to victory lane. The man of the hour himself will join us in moments on his second straight victory in the Great American race. Incredible stuff. Less than an hour now to the closing bell, im Ashley Webster in for liz claman. Lets start the claman countdown. Ashley all right. We have this fox business alert. The jury has just returned from recess during day one of deliberations in the Harvey Weinstein case. The jury made up of seven men, five women. Weinstein is accused by two women of rape and criminal sexual acts. Weinstein also facing two aggravating counts which could keep him in prison for l ....
We have your statement. It will be including the record in its entirety and under the circumstances, you can deliver it in its entirety if you wish or summarize, either way. I will summarize it. I am here to provide a frank response the questions regarding the Exxon Valdez Oil spill and to describe our continuing efforts to deal with its consequences before this i do this however i want to express sincere regret as to what happened on behalf of all the employees of the exxon and certainly on behalf of myself. I really cant tell you how sorry we are this disaster occurred and we are particularly sympathetic to the impacts on the residents of alaska and in particular those in the Prince William sound area thats where the difficulty is really creating a great deal of problems for those people. As has been said many times this morning and by us earlier than this we take full re ....
You ready for me, mr. Chairman . Yes, mr. Roe, we have your statement. It will be included in the record in its entirety. And under the circumstances, you can deliver it in its entirety or summarize, either way. Ill just sort of summarize it. Ill here to provide a frank response to questions regarding Exxon Valdez Oil spill, and to describe our continuing to efforts to deal with its consequences. Before this, i do this, however, i want to express sincere regret as to what happened on behalf of all the employees of exxon and certainly on beha of myself. I really cant tell you how sorry we are this disaster occurred. And we are particularly sympathetic to the impacts on the residents of alaska and particularly those in the Prince William sound area. Thats where the difficulty is really creating a great deal of problems for those people. As has been said many times this mornin ....
Ill is up rise, either pie. Ill summarize it. I am here to product response to the oil spill and designed with the efforts to deal with the consequences. Before i do this, however, i want to express sincere regret as to what happened on behalf of all the employees of exxon and certainly on behalf of myself i really cant tell you how say we are sympathetic and particularly those in alaska and the Prince William sound area and thats where the difficulty is creating a great deal of problems for those people. As weve by, and we will continue doing all we can can in spilling up the and theyve already been this uponment in the area, and high the skies make it a particularly different problem. A few comments about the spill to put it in perspective and its been changed many times. The spill is 240,000 barrels that occurred early on march 24. We have other factual information. The weather was clear. The ship had no known mechanical diffic ....