For an earnings season that is beginning to unfold. Later, the rush is on as Apple Unveils its new 5g enabled iphone are the stars now aligned for a super cycle that wall street has been waiting for for apple power lunch starts right now stimulus negotiations hitting a wall once again as the two sides are stuck on whether to do one big bill or several smaller ones elon has the latest for us there will be no relief before the election. We knew this in our guts, we knew it by looking at the calendar and today treasury secretary Steven Mnuchin acknowledged it publicly during a speech for the milken institute. Getting something done before the election and executing on that would be difficult just given where we are in the level of details were going to try to continue to work through these issues reporter now, this is dispute the fact that the senate will still go through the exercise of voting on a 500 billion package of targeted relief next week thats much less than what democrats are a
Here. Good morning to discuss the status of the National Rail network to have 140,000 miles of rail seven class one railroads and thousands of companies to ship products ands Raw Materials also and Intercity Passenger Rail Service operating on 22000 miles of that same network todays first panel president and ceo of amtrak and the executive director of the Development Corporation and the Economic Developers association testifying we will be. The Vice President corporation on behalf of the American Council mr. Randee gordon and the chairman to testify remotely and he didnt jeffries president and ceo association of american railroads and dennis pierce president of the teamsters rail conference. During this covid pandemic. In 1970 the real Passenger Service act was adopted to relieve our railroads on the common carrier to carry passengers. The statue created amtrak and provided real runs can be used by amtrak to offer intercity passenger real service, returns and compensation that are just
Man hadnt democrats. I cant shake the feeling that some people here are pulling for me. [applause] im delighted to see her tonight hillary. I feel right at home here because it is often said i share the politics of alfred e. Smith and the ears of alfred newman. It is an honor to be here with al smith. I never knew your greatgrandfather. Everything senator mccain told me, the two of them had a great time before prohibition. [laughter] of course im delighted to testify on the 18th amendment. I felt all along that this matter was the rank and file about people they would readily see that it had no place in our constitution. It would be very difficult if not impossible to come to this country for the coming generations to make it their business to see that no such matter is this is ever again made the subject to federal constitutional law. And youve been listening to the 2008 president ial nominees talking at that years ill smith dinner. Followed by al smith himself talking about prohibiti
Salt lake city, you. Hugely consequential city, utah. Hugely consequential. Rudy giuliani will join us, the former mayor of new york city. We hope to get ample time to speak of his health, the health of many in the white house, and his thoughts on the path forward for his president. Weve got Market Recovery off the shock of yesterday. What is the character of recovery you see . Jonathan equity futures up 0. 7 . The bond market down, treasury yields higher. The president backing away from talks with House Speaker nancy pelosi. I have to say, the administration looks really aligned wit Senate Republicans in a way it hasnt, offering a slim bill, offering a checks to americans. There used to be three positions. Now it looks much more like t wo. The difference is i dont thing that spread can reconcile before the election. Futures lifting up 24. That is a high for the session. We are roughly back to where we were for that profound tweet from the president yesterday. Two tweets following in t
This hearing will come to order. Thank you all for being here, good morning. Today the committee can means to discuss the status of the National Rail network in the country is 140,000 miles of freight rail in class one railroads over 600 freight railroads and thousands of Companies Using braille to ship products and raw materials, we also have an intercity passenger real service amtrak operating on 22000 miles of the same network including over 500 stations. Todays first panel of witnesses will feature mr. William flynn ceo of amtrak and the executive director of the Development Corporation in Montana Development association who will testify remotely. Todays second panel will include mr. Frank Vice President Global Supply chain on behalf of of the council testifying remotely, mr. Randy, the president and ceo of the association, the chairman and National Council testifying remotely in the association of American Railroad and mr. Dennis pierce, president teamsters real conference testify