Stimulus package to stave the stock market thats ridiculous. Today, we got an idea what happens if theres no grants as far as the stock market is concerned, its not that big a deal the dow gained 52 points, s p inched up, nasdaq advanced i dont want a stimulus package to save the stock market, i want a stimulus package to save an industry i know all too well, the hospitality industry, which i can tell you from my ownership stakes, is getting destroyed by the pandemic millions of jobs are on the line but they reside in Small Businesses ones that dont show up in the averages but individual stocks sure do. And the winners today tell you everything you need to know about the losers and the broader economy. Especially the biggest winner, which is the one i want to focus on the winner is the stock of olive garden strongest stock on the s p 500 yes, i am telling you right now that the strength in the stock of darden it should terrify you. Dardens winning, because its private competitors cant
Record close and we know why. I have to tell you this was just a parade of both American Ingenuity and strength there was a time when i was listening to brian i shouldnt just limit it to amazon every Conference Call last night with the exception of google was incredible the power of these companies is extraordinary and i dont think that we can actually brian ol staff ski when he talks he is the cfo of amazon, when he talks about the idea that basically we didnt know we were going to make billions of dollars more than we did. Not tens of millions, not hundreds of millions, but builds what a juggernaut. Most impressive of last night. David, i have a lot of good things to say about the others and good things to say about google, but amazon thankly is a company that basically has no idea how much money it can make. Ive never seen a company like this theres never been a company like this. Well, and the market agrees with you and investors have for a long time, jim, but they have delivered o
Do a quick refresher that could take roughly 2 or 3 days jeffrey have and was a rich man who looked like a pedophile and turned out to be a pedophile what are the odds trump former labor secretary alex the cost to happen to be the 1. 00 who had prosecuted abstain in 2008 and gave him a really brutal prison sentence of basically never having to show up for prison apparently the state of florida was sympathetic to the legal argument that abstain needed to be in his office in order to continue his pedophilia work understandable but you have to realize that abstain was also good friend very very Close Friends with people like bill Clinton Donald trump Alan Dershowitz Prince Andrew former israeli Prime Minister abu brock and others abstain would rope teenage girls into sex trafficking and use his high level connections to avoid. Boy actual prosecution where prisoners have to actually be in the prison then it all came crashing down last year abstain was arrested for real this time and charge
Parade last month look at what intel that vote on constitutional reforms tomorrow has to do with todays celebrations clubs facebook c. E. O. Mark zuckerberg faces a revolt over his hands off approach to inflammatory posts a host of companies pulled our ads on the social Network Platform in protest. Im sorry kelly walk into the Program Authorities in the western german state of north rhinewestphalia are conducting mass coronavirus testing and have reimposed a local lockdowns following a regional outbreak of cope with one team the restrictions apply to hundreds of thousands of people in the districts of darren gough and go too slow the decision follows a major spike in virus infections at a neat Processing Plant germany is also facing fresh outbreaks in other cities just as the Summer Travel season gets underway. This is what it looks like when the coronavirus restrictions are back long lines and formed outside the Testing Facilities in the district of. The new restrictions here and in n
Seeking benefits in a sign that economic pain of this pandemic is far from over tax according to an analysis but the chamber of commerce in 59 minutes left of trading in the day. The city says the tax could yeah, tiny leg lower. Result in companies wanting to leave the city and, guys, its down 0. 4 . Not just here in San Francisco only two sectors, energy and but also in seattle. Theres a proposal to tax big staples in the green still coming up, Digital Finance businesses to pay for covid19 company sofi landing the number relief back to you. I mean, could it could eight spot on this years disruptive 50 list encourage companies to leave the well spee with anthony noto worst case, of course, is something that is structured this way is it could encourage formerly of twitter, Goldman Sachs, and the nfl about his Companies Companies to companys efforts to take on the get rid of some of the lower big banks. Were looking forward to that paid workers one. First of all, lets focus on the big st