Drug reduced the need for hospitalization or emergency room visits and high risk. Tobit 1000 patients. Now the regulator added that it can be used now for treating patients over the age of 12 with mild to moderate symptoms, but cannot be used for patients who have been hospitalized due to cope. At 19, lilly is hoping to supply as many as 1000000 doses of the treatment in the 4th quarter of this year. Now the u. S. Government previously made an agreement with the drug maker for the early supply of the medication on the news. Lately stock was up as much as 4 percent throughout the day. And following the news that pfizer and biotech scope in 1000 vaccine candidate showed an efficacy of 90 percent, the European Commission will sign a deal to secure up to 300000000. 00 doses of the experimental drug. The president of the European Commission said they will authorize the deal on wednesday after quote, working tirelessly to secure doses of a potential vaccine. In the last months German Health
And we have more jobs data out of the United States as the bureau of labor statistics announced nonfarm payrolls grew by 661000. 00 in september while the Unemployment Rate dropped to 7. 9 percent from 8. 4 percent in august comus had expected gains of as much as 800000. 00 jobs but we missed the mark there now the sectors that gained the most in september included leisure and hospitality retail and health care and social assistance losses came in Government Employment which lost 216000 jobs employment in local and State Government education also fell 5231049000 respectively as many schools remain closed in favor of at Home Learning due to the pandemic now this was the last jobs report before novembers election and it will be introducing to see what happens in october without another stimulus package as we are already seeing tens of thousands of travel and leisure jobs lost in just the last week and with all of this Economic News from the president s diagnosis to a lack of stimulus to
Endorsing trumps handling of the pandemic. Fauci said he has never publically endorsed any candidate and not endorsing the the comnts we not given mntext efforts of federal Public Health officials. A trump Spokes Person responded in part, the words spoken are accurate and directly from dr. Faucises mouth. The president today again boasted about his handling of the coronavirus. We lost 200,000 plus and you know, there are those that say we did a phenomenal job. But a new cbs Battleground Tracker poll found that likely voters in michigan, nevada and iowa think former Vice President joe biden would better handle the coronavirus outbreak and voters in all three states say President Trump handled contracting the virus irresponsibly. On fox, the president fired a deeply personal attack at biden. He is against god. At the very time he was saying that, the devout biden was attending mass in delaware. Both are hitting the campaign trail. Joe biden will be in ohio, iowa and pennsylvania with mor
Is boom bust the one business show you care if afford to miss friendship or in washington coming up another world leader has tested positive for corona virus as the pandemic continues to ravage the globe straight ahead we bring you the latest details on the breaking diagnosis and how the world is responding and there has been a major crackdown on the cryptocurrency industry of Exchange Giant bit max has faced some scrutiny from regulators well bring you up to speed on the controversy with 2 keen crypto observers with a packed show today. We lead the program with news that u. S. President donald trump and 1st lady maloney a trump have tested positive for cope at 19 the president announced the diagnosis on twitter hours after tweeting he and the 1st. Lady were waiting for test results following news that one of his top aides hope pics had contracted the virus in a tweet sent around 1 am friday morning trump said they will begin the quote quarantine and Recovery Process immediately adding
We will have the latest on that well tell you what to buy heading into the final strep of the your palantir just began trading. Alex karp will join us in a couple minutes for a first on cnbc interview more power lunch starts right now. Hi, everyone first two big public debuts. Palantir just began trading moments ago, and asana opening up higher as well, plus starbucks higher as counsel upgrades the stocks, saying its actually a good thing for the company. The chip maker micron is lower after reporting earnings yesterday. You can see shares taking a hit, down about 6 . Brian, over to you the idea if we get a democratic sweep of the white house and congress, fiscal stimulus could be very generous for a very long time also noted the thought we might be getting closer to a new round of coronavirusrelated relief, so lets get to ylan mui with the latest on the negotiation. The ylan brian, the treasurysecretar is meeting right now with the speaker of the how in person in one last push to try