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Washington as the next stimulus bill hangs in the balance, airlines are taking a hit as that october 1 deadline to avoid massive layoffs is fast approaching. Weve got the details and the very latest on that. Shares of the chinese electric car maker nio, i thought he was a singer they are up 400 this year. Power lunch begins right now got to play some neo now thank you, tyler the market vs thes have their en washington as the stimulus plan is being worked out. Will it pass lets get check with ylan. Reporter the conversations do continue. House Speaker Nancy Pelosi is scheduled to speak tomorrow with the treasury secretary they already spent 50 minutes on the phone this morning talking about the democrats new 2. 2 trillion proposal. The bill does include some white house priorities, including 25 billion in aids to the airlines and extension of ppp for the hardest hit businesses and 182 billion for k through 12 education. There ....
Progress on u. S. china trade talk as the worlds biggest economies discuss technologies consumption, investments and exports fall sharply during the height of the pandemic President Trump accepts the Republican Party nomination taking aim at the democrats accusing them of, quote, trying to steal the election. We have to be very, very careful. This time they are going to try to do it in the whole post office scam. You can see them setting it up watch them carefully we have to win this is the most important election in the history of our country. Some breaking news coming out of germany this morning. From the eve o from t from the ifo data. 92 92. 6 versus the forecast of 92. 2 you may recall back in april when we saw many lockdowns the data started to cross then and we are seeing recovery in those numbers. The ifo Curr ....
Remembering the fall and commemorations to mark the end of world war 2 in europe are muted this year because of a pandemic. Libyan warlord plea for help those forces attacked tripoli with rockets landing close to the turkish and Italian Embassy. And accusations of slavery at sea indonesia demands answers from china after the deaths of fishermen working on chinese boats. Or turns to south korea the elite starts today after being delayed for months by the korean virus pandemic and no fans will be allowed into the stadiums. First begin in russia which is rapidly becoming a new hot spot in that global fight against krone virus with more than 187000 cases russia now has the 5th highest number of infections in the world its recorded more than 1700 deaths and 1st 6 days in a row now new cases of gone up by more than 10000 the day. Is warning the number of a. Factions is far higher than even those official figures show about us as more. ....
Arabia and anybody else involved energy has been the big mover here today its remarkable to me. I want to point out apache at 4 it was a 60 stock a few years ago. Yet people are still buying it it always amazes me. Continue n contin continental. Restaurant, weak today a breaker came out and suspended its guidance unably all the stocks in that space. The red robins, papa johns, wendys d wendys, dominos are all down 5, 6, 7, 8 partly for the same reason, kim kimco came out and suspended guidance as well thats not helping their competitors out there. Utilitiel down yesterday if theres a rent holiday, the banks, the utilities are all going to be hit by that. You till ti utilities not paying the bills those are the three sectors that could be hit pi any rent rent holiday. Not paying bills and the Shopping Centers are bearing the brun brun brunt of that pain back do you. Thanks very much. The number of americansrocketing over the past ....
Quarter net profit at around 1. 5 billion dollars. The dividend for 2019 will be paid into stages. Rival Credit Suisse will delay half its devin. Welcome to daybreak europe. As we head toward the long easter weekend, all states warning the Global Economy facing a 5 trillion hit over the next two years, greater than the output of japan. And they say global output not return to previrus levels until 2022. , futures have been moving around a bit overnight. Were seeing a bit of green on the screen in asia for the fourth session. A bit of a mixed picture. The 10 year yield dropping almost three basis points. Foot, and front russia said it is ready to put it screwed output by about 15 payment lets get an update on the coronavirus, claiming another daily Record Number of u. S. Ms in the the global tally now stands at more than 1. ....