welcome, everyone, the kboel i m sara eisen, here with wilfred frost. pfizer says its covid-19 vaccine candidate developed with biointech is more than 90% effective in preventing covid-19 in a phase three study the cow and s&p 500 hitting record highs in today s session, this after strong gains last week as well as the election results come into sharp focus. seeing down sectors like airlines, cruises, banks, and energy are seeing outsized returns today on the vaccine news while the stay-at-home winners like zoom, peloton, and amazon are coming back to earth. nasdaq is actually negative with this more than 1,200 point rally on the dow 59 minutes left to go on a historic day on wall street. nasdaq hovering around the flat line. big gains for the dow. coming up on the show, a massive guests line ups. we will discuss the vaccine, the election, what it all means for your money with huge names nelson peltser will weigh in with his thoughts on what the market is doing as we speak.
u.s. officials say there is a lot to be done if the two sides are to reach a deal. some of the biggest backers of softbank s vision fund appear to be having second thoughts. we are live in san francisco. shery: let s get you started with a quick check of how wti crude is starting to trade at the moment. we are seeing a little bit of pressure, down 1.7%. still above the $60 a barrel level. this coming up to the biggest gain since february of 2009. 13% jump after those drone attacks on saudi arabia oil facilities. also at a time where we saw a decline last week of 3%. we continue to see this demand picture not so clear for the oil markets given the ongoing china-u.s. trade tensions and the ongoing slow down of the global economy. at the moment, we are seeing a little bit of pressure from wti, down 1.7%. in two hours, we will get you an update on how brent starts trading. we will take a look at how the saudi attacks are playing out of the oil market. nasdaq corporate solutions d
counsel at the law firm of kirkland and ellis and served as the u.s. attorney general for resident george hw bush. watch the confirmation process for attorney general nominee william barr life, tuesday at 9:30 am tuesday on cspan-3 . up next, the u.s. chamber of commerce president and ceo, thomas donahue delivers a state of american business address, providing an assessment of the u.s. economy in the current business environment. is about 45 minute. the american dream . the american dream . the american dream . the truth is there s never been one american dream . my american dream was to create a company that remembers, employees and empowers. a company that can help, a company that remembers how we became the greatest country in the world . coming from el salvador to this country, becoming a citizen and starting my own business and creating jobs for all citizens is my american dream . my american dream is to see people reach their full potential. that s what
the american dream. the american dream. the american dream. the truth is there s never been one american dream. my american dream was to create a company that remembers, employees and empowers. a company that can help, a company that remembers how we became the greatest country in the world. coming from el salvador to this country, becoming a citizen and starting my own business and creating jobs for all citizens is my american dream. my american dream is to see people reach their full potential. that s what the american dream is about. we may have different american dreams, but business is how we reach for them. it combines opportunity, prosperity, and success. our company is the perfect example of when a company thrives, so does the community. everybody wins. every time i hear that one of my employees is buying a new house or sending their first child off to college, that a dream come true. the american dream is many american dreams come all linked b
albrecht. mr. chief justice, and may it please the court. the respondent s theory is that the fda, fully informed of the risk of fractures, ignored the risk at its own statutory and regulatory responsibilities because it did not like the way merck phrased its warning. that cannot be right. if a manufacturer informs the fda of a possible risk and unsuccessfully asks to revise its label in light of that risk, then failure the wind claims in light of that risk are preempted as a matter of law. that follows with the statutory and regulatory framework governing the fda s conduct and from the presumption of regularity. the presumption of regularity assumes that federal agencies do their jobs correctly. the fda s job includes protecting the public health by working with manufacturers to revise labels when necessary. let me give you a hypothetical, because i think we can all agree that if you had proposed a warning let me just say major fractures versus stress fractures, and