China, the u. S. Rejecting chinas claims to the South China Sea. China than sanctioning u. S. Officials like ted cruz and marco rubio. U. S. Futures are pointing higher. We are also looking at what is going on with the virus as well as states like california reversing its reopening plans. U. S. Tenyear year, bonds up. U. S. Tenyear. We saw the dollar gaining a bit of steam against the yen, but seems like we are reversing some of that. Lets look at the boards and watch were Chinese Markets are going to see any reaction to the trade figures. We saw a bit of a pause in the risk rally when it comes to mainland equities, after we are seeing equities inching toward that 10 trillion milestone. Flip the boards and see what is going on there. Smallcap, those rose to follow five year highs. We have basically been flat the last 30 minutes of trade. Shenzhen stocks have been on fire. Hang seng down 184 points right now. Also with the city introducing the toughest virus measures since the pandemic
Fox Business Team coverage with berm blake burman in washington and Edward Lawrence on the latest visit to north carolina. Reporter he have went to the fuji film biosciences plant in north carolina. The health and Human Services department, 265 million deal, side deal with fuji film for another plant in texas to ramp up production of the vaccine there. Fuji film has done a deal with novavax, specifically for the phase three trial. Theyre going to provide all of the clinical needs for that trial, it is part of the 1. 6 billion that federal government gave novavax for this. The federal government saying, vaccine production are taking place at the same time, and that is saving time. Not only is operation warp speed accelerating the development of a vaccine, were also directing a colossal industrial mobilization to insure its rapid delivery. Nothing has happened like this since the end of world war ii. Reporter novavax never delivered a vaccine to the market but showed enough promise to be
And so that patients low leave the Emergency Department without knowing whether or not theyre positive for coronavirus and thats really a function of how few tests we have. Available to us whether thats here in in the hospital or uncertain clinics. So you really need to get up our game here. With testing as you may have heard the fda recently. A lot of Quest Diagnostics to do some degree cool testing which is really the force was in the same test kit to see whether someone review positive within that group. The theoretically that think stands and testing capacity. Were really struggling with a lack of test today. This interview first ran on kron on which is our 24 7 commercial free new streaming app weve dropped the pay wall during the covid19 pandemic so make she downloaded today for free to stay up to date on the latest developments during the crisis. A new study by the cdc suggests that more people in america may have been infected with covid19 than the official numbers show. Resear
Warmer for the weekend. Ill have that updated forecast coming up. We know parents all over the bay area are struggling to make school plans for the fall. Education is a critical part of building a better bay area. And this morning, marin countys Public Health department is recommending distanced learning for students and that may make it not as critical a planned proes. Amy hollyfield is live with the details. Reporter the district was getting a lot of pressure from parents not reopen and just last night, district officials announced that they had changed their mind. The announcement just coming from marin countyffialshat shou to start the school year distance learning, the kids should not plan on being in the class room. Marins Public Health officer said with the current spike in covid19 cases, they need more time before bringing kids back to school. Officials say that they still hope that they can eventually bring students back, but now is not the time. It was looking like marin was
Cautiously optimistic that we will have a vaccine by the end of this year and as we go into 2021. Fingers crossed right, we need some help the u. S. Coronavirus case count is now more than 4 and a half million. The death toll across the country has surpassed 150,000. But the nations top disease. Doctors say theyre still optimistic a Covid Vaccine will be approved by the end of this year or early 2021. But they also warned congress that in the meantime too Many Americans are still not doing enough to protect themselves and others from the virus. Kron fours washington correspondent Trevor Shirley has more now from todays hearing. Doctor Anthony Fauci was back on capitol hill friday with a message of hope for lawmakers, we feel cautiously optimistic that we will have a vaccine by the end of this year and if that happens who gets it and when wondered Indiana Republican representative jackie walorski. His a safe to say that every american will be able to get a gives protection with only a s