Heavy equipment, agricultural products and pharmaceuticals. The ports account for more than half of container imports. Consumers are not likely to feel the effect right away and many businesses have tried to get ahead of this by stockpiling or diverting shipments to the West Coast and i spoke to the ceo of The Port of long beach and he said they had a record august but having said that, if the strikes go ahead and last for weeks, they could lead to shortages and high prices for consumers. Who; high prices for consumers. Why are we in high prices for consumers. Why are we in this high prices for consumers. Why are we in this position . The entire east Coast Port Infrastructure could be shut down by this . Why have the talks broken down . The dock Workers Union talks broken down . The dock Workers Union have talks broken down . The dock Workers Union have been talks broken down . The dock Workers Union have been in l Workers Union have been in talks with the us Maritime Alliance now four
The bishop of brooklyn praised the ruling saying, im gratified be the decision by the United States Supreme Court who have recognized the clear First Amendment violation and urgent need for relief. Im proud to be leading the Diocese Of Brooklyn and fighting for our sacred and constitutional right to worship. Lets go to the Justice Department. David is live with more. Happy thanksgiving. This ruling came down before midnight and the implications will last for decades long after covid19s in the history books. Its a win for religious freedom and amy barrett, a month already feeling her fate on a career that could span for decades. She was the key swing vote here, a 5vote in favor of the conservatives. John roberts known to be a devout catholic sided with the liberal wing of the court on this decision. The majority, the conservatives decided that this was something that needed to be done so this is how they ruled. Andrew cuomo announced various restrictions on gatherings as a way to hold t
And welcome to power lunch. Im melissa lee. Check out this rally right now all 11 sectors are in gree green. Taking a look at some of the stocks were watching. Salesforce is under pressure for the second day in a row, down about 7 in the last week as it gets set to report earnings after the bell and reportedly to make a deal. And we have exclusive data on how the bitcoin boom is boosting this payment stock first lets get over to bob for more on todays rally. Hey, bob hello, melissa. Good start to a traditionally good month we got talk about a new stimulus plan, janet yellen on the air and, overall, 11 sectors all on the up side. Bank stocks leading the way but technical stocks also. No dig selloff in tech that was also a november play there. Theres energy you have your value play with banks, energy up you have your growth play with tech, cyclical with industrials up and even more defensive groups, Consumer Staples on the up side as well. This is what i mean when i say the goldie locks
Results. We will get congressional insight all morning long. We will hear from georgia congressman earl buddy and connecticut senator rand paul. Loss of 100 points on dow futures. Markets extending slump from yesterday as more lockdowns and the threat of them offset positive news on vaccines. Its also been a big week for retails, bjs and macys reporting this morning all the numbers as soon as they hit the tape. Working from home may not save you money. Why paying a new tax while working remotely. A little holiday decorating can carry you through some tough times making a buzz this morning. Mornings with maria is live right now. Dagen european markets feeling the sting of more lockdowns, red across the board in france, england and germany, all down about 1 . Mixed story in asia overnight with fractional moves there. Kospi and south korea shanghai to the plus side. Cheryl casone has all the news that you need right now, good morning, cheryl. Cheryl good morning to you, dagen. United stat
I will take it from here. We look at the roadways. Its a quiet commute. If you are getting out early are you in luck. We have a lit of a hiccup. Just some slight crowding into the pass. Overall things are moving for the mast part seamlessly onto the dublin interchange. Taking a look at the other super commuters route. Thats the drive out of gilroy to morgan hill. We are be clocking in nice speeds. If you are going north into san jose toward the peninsula things quiet. Only 36 minutes for the travel time to go from there to sfo. Highway 4 checking in problem free and the east shore freeway see nothing delays or brake lights. Im getting reports of debris westbound 80 at carlson. The United States has reached another grim milestone. More than 2,000 deaths report from coronavirus on tuesday. According to data from johns hopkins. There have been 20 other days with more than 2,000 deaths were recorded. The last time we saw a toll this high was back in may. In california the state reported mo