Order. Thank you all for being here, good morning. Today the committee can means to discuss the status of the National Rail network in the country is 140,000 miles of freight rail in class one railroads over 600 freight railroads and thousands of Companies Using braille to ship products and raw materials, we also have an intercity passenger real service amtrak operating on 22000 miles of the same network including over 500 stations. Todays first panel of witnesses will feature mr. William flynn ceo of amtrak and the executive director of the Development Corporation in Montana Development association who will testify remotely. Todays second panel will include mr. Frank Vice President Global Supply chain on behalf of of the council testifying remotely, mr. Randy, the president and ceo of the association, the chairman and National Council testifying remotely in the association of American Railroad and mr. Dennis pierce, president teamsters real conference testifying remotely. We appreciat
Doing less testing so we need fewer people so its cheaper and saw from our order of magnitude its maybe like a bit more than 100. 00 but if you want to buy the satellite if you will be a roughly a 1000000 and if you want your sobriety it will be way more than. One web and also google space x. And amazon plan to offer their Internet Services everywhere on earth in the process of getting 4000000000 people on line. London based one where president fishel license from the countrys airspace also rhetoric and sees itself on a mission to bridge the digital divide. The companys current and potential future clean on tell includes banks and lines shipping Companies Industry Disaster Relief agencies and the military. And consumers will initially be able to book the service fire local Telecom Providers and its already seen in the mobile phone sector the price will be lower in africa than in germany for example. Mike lynsay previously worked in Systems Engineering for nasa and is part of the design
Yields have continued to fall in italy. Stocks in europe. We will provide the details in a moment. The s p is up around. 5 . A stable day. We are seeing a rotation back towards the tech stocks. The top the stoxx 600 benefiting from the ecb largess, which were now expecting more of. The stoxx 600 up 1. 12 . Aboutyou are talking Christine Lagarde saying the ecb will be there for the second wave of the virus. The Central Banks primary tools will likely stay the same. Lagarde while all options are on the program, the have provenros their effectiveness in the current environment and can be dynamically adjusted to react to how the pandemic evolves. They are therefore likely to remain the main tools for adjusting our monetary policy. Alix joining us from frankfurt is paul gordon, who leads bloombergs western european Central Banks coverage. Bdp is getting the most out of that statement from Christine Lagarde. Yields down. What was your biggest take away about how she said she would support th
Will be fought in the swing states of course were going to take you to the mustwin county in michigan. Critical state and a county that could tell the story and later, sec chair jay clayton warns Corporate America about a heightened risk for Cyber Attacks. Hell tell us whats keeping him up at night. As power lunch starts right now. Hi, at thisltyler, hi, every tech is lagging again and as the hours roll on, its getting worse. Lets go to bob pisani for more details. Whats going on is theres a little bit of a rotation here. Stimulus is coming back. Some are investing in the idea theres going to be stimulus however, its coming at the cost of Big Cap Technology and all those workfromhome stories, kelly, that worked so well three or four months ago amazon, thats a sixweek low for amazon right now apples at probably a fiveweek low, microsoft, facebook, nvidia, also on the down side. Its the same with those other stayathome, the not mega caps but the stocks that did really, really well at the
Germany is a leading industrial nation that still has many areas that desperately lag behind on the telecoms front. And that applies to both landlines and Internet Access though Broadband Speed rankings constantly fluctuates germany ranks in the mid thirtys compared to other countries. And while other countries pick up the pace germany is struggling to keep up. My one solution be an extraterrestrial one providing high Speed Internet for everyone. The earths orbit will soon be home to new constellations of satellites in the thousands could they make the vision of fast connectivity everywhere on earth a reality. Which regions in germany have the worst Internet Connection and how is performance measured. The Engineering Consultancy group p 3 specializes in gauging the signal strength of networks for mobile phone and internet providers. Its fleet of several dozen cars ferries it specialists all across europe to detect any gaps in coverage. Or the technicians measured the surfing speed of v