Weve had confirmation of a monster deal. Ryanair, europes largest carrier, committing to the 737. Maxs. Oing to buy 75 737 this comes on the heels of that grounded,being un after the huge grounding following those two crashes. We will be talking to the two ceos of these companies at the top of the next hour. Alix this is your super bowl. I just want to point that out. Some data dropping right now as well. Ism men effect ring data for november ism manufacturing data for november. Mike mckee has that. Michael it is slightly less than we expected. It comes in lower than the prior month. The services pmi comes in at 55. 9 from 56. 6. Not much of a change. Still growing strongly, which is important because this is a Services Economy. New orders were down a touch, as is the business facility. 51. 5 from 50. 1. In the Manufacturing Survey earlier this week, we saw employment fall into contraction soritory for manufacturing, Rising Services employment is still good news for the auto for the ov
Higher. Eurodollar up by 0. 4 . Is the ecb getting worried at this point . 1. 2163. The dollar is broadly lower. The pound just taking out 1. 35. We havent been at these levels since this time last year. What is fascinating here is what is happening with bond markets as well. Weve basically got yields and stocks moving in the same direction. That is something that is pretty interesting now. It certainly points to this reflation trade at the moment, with the catalyst still having legs. Alix the question is how long is that last. Lets dig into some of the top stories guy was minting. Germany extending its partial lockdown. Sweden shutting some schools as well. Joining us with more is sam fazeli, Bloomberg Intelligence senior pharmaceutical analyst. We have seen more targeted lockdowns and extensions. Is any of that working now in europe . Sam yes, they are. Funny that we have countries going at different paces which is normal because they have different issues with regards to the number
Under siege. But front line er doctors still manage to send a message of hope plus, weve got a live one shark tanks mr. Wonderful kevin oleary in the news tank, talking Small Business survival. Live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Good evening. The United States just topped more than 13 million covid cases, according to johns hopkins. Los angeles has just issued a new stayathome order it starts on monday. A full report coming and all of this as the virus has disrupted another american tradition. Black friday, normally one of the busiest shopping days of the year not in covids 2020 in many parts of our nation, thinner lines at stores. Smaller crowds at malls. Many people opting to shop from home instead its a trend accelerated by covid. Shoppers projected to spend as much as 10. 6 billion today. Thats according to the data firm Adobe Analytics and thanksgiving day spending rose by more than 21 compared to the same day last year. Total sp
How to get through this. Its been an extraordinary outcome. One i could have never perceived could happen in march when we were scrambling for ppp loans, the majority of my companies were cash flow negative we shut down retail, until we went through this extraordinary transformation we would have never shut down our headquarters we would have never assumed that we could make a pivot and start selling direct to our customers instead of through retail. Thats exactly what happened and when you sell something direct to a customer, you make almost 100 cents on the dollar versus 0. 50 when you sell through retail thats the reason that theres a massive digital pivot going on, and theres major cost savings also occurring i could have never foreseen this, 15 of my staff including the areas of accounting, logistics and compliance never want to come back to the office. Wow. Theyre raising kids at home in the suburbs, taking care of elderly parents. Another major savings. This is happening to ever
Area counties on that list you see him on this map. Alameda contra costa santa clara napa sonoma and solano the curfew would be in effect from 10 00pm until 05 00am and it starts on saturday and runs through december 21st and this order is for non essential businesses and gatherings with the goal of stopping the spread of the virus crop forced to reassess it was live tonight in lea lafayette, she has details for us to raise. Am i can so im here in lafayette, this is a part of Contra Costa County and this is one of the counties in the bay area thats in the purple tier and its a purple tears that the state has focused and on again lets look at that map that shows all of the county so 6 of the 9 bay area counties and you can see for yourself that alameda contra costa santa clara at napa solano and sonoma counties, those counties. Now in the purple tier, currently and the order that starts this saturday at 10 00pm and it stretches to december 21st at 05 00am. Each day it will be an operati