Society, driven eco block chain and cryptocurrency across industries and for social impact, active in primarily technology and currently represent more than 1. 5 trillion in investment capital. The motto is fund revolution. I love that. So were celebrating a book tonight thats very compelling story, very important story, kind of lesserknown in the annals of history. And people have been working toward justice inside the technology industry. Black software, Racial Justice to the net and black lives matter by charlton mcillwain, and published. Welcome. [applause]. Thank you. Thank you for that introduction and thanks for all of you that have come out and maybe a few others will trickle in along the way. So this is a great, its a great place to be. Im wrapping up whats been about a month and a half long tour promoting this book and i can think of no better place to end up this part of the tour in this historic moment. I was just telling these gentlemen before we started that when i got ou
Hundred and sixty two people lost their lives covered nineteen of the twenty four hours these guys include hundred thirty. People who in that. Call with a pad hit france its c. From the chief health she home selling. Local the van over the law twenty hours to hand and seventy and you have been admitted to any types of cat. Thats a bit more than yesterday however for the six day in a row more people with the stars and then mrs today by ninety one people. It seems off you people intensive care even if they numbers were. But i crazy today. Johnson on the chief medical officer he and the north paris. Of st and any the scene what experts. To just. Number of covered nineteen deaths the reason remains unexplained by doctors. And lists to what a well known. In the Area Charities the stepping up their efforts to meet goals but its okay for. Before you retire this. This. Is located in the paris the sandbox analysis yushin it. By the grace of our pandemic i think he said it damaged almost increas
Federal reserve vice chairman speaking in washington to the National Association for business economics, saying that the fed is close log monitoring the coronavirus. So maybe a slightly different tone than last week. He said it will be a noticeable impact on china in the First Quarter, and that could spill over to the rest of the global economy. Too soon to speculation on the size or persistence of those global effects the probability of rate cuts reaching alltime highs for the individual contracts, april, a first duty now at 63 , it is probability of a second customer, and now over to 50 for a third cut in december for the first time, so the majority of position in the mart right for you, sara, going along with a huge decline in the tenyear to alltime lows and the downdraft in the stock market is now for there to be three rate cuts this year from the federal reserve. I know we parse every word from every fed official. Is the bottom line here that the fed is maybe storming to warm to t
Countries. We are continuing to see the corporate fallout, we will get more details on airlines. Delta saying it is suspending u. S. To china flying routes through april 30. Asked theirsoft staff to work from home. Amazon as well. The longer it takes to test anybody, the greater the risk they will be spreading the disease. Mike pence saying most cases are mild and they have flulike symptoms. Compared to the tests the u. S. Have carried out, 2000 by the end of last week, compared to 140,000 in south korea. In the u. S. We are seeing 11. Lities rising to this is having a concerning impact on the markets. Lets get to the Market Action. Speaks,president pence we see markets accelerating losses. Now trading at the lowest level since september. The chinese equity come back facing a roadblock. Seng headedg hang for its lowest level of 2020, and s p 500 futures extending the trading session losses, closing down 3. 4 , now off 0. 8 . Earlier futures were moving higher as much as 0. 7 , so quite
We have more on his appearance, plus reaction. And the huawei perspective. We get thoughts from the chinese telecoms Carrier Business Group on 5g, securities concerns and more. But first, our top story. Ibm fell as much as 6. 5 , the most since october 2015. This comes after the fifth consecutive quarter for posting slower sales. Joined by my am guest. Lets start with the top line decrying. Is there not enough growth from red hat to offset the cost in that core business . Yes. Frankly, this is a question of one word, which is expectations. There are a lot of expectations for red hat that paid a lot for the Company Going forward. If you look at ibms core business, they are managing it for profitability as best they can. But the Global Services segment has historically been a profit driver and a cash cow. But you have to remember as people build the hyper cloud they moveture, as more of the cloud, there needs to be in the Core Technology space that change. They will need to drive efficie