Page 16 - Current Quarter News Today

Has temporarily suspended its funding. Germany and france are joining forces to help lead europe out of the crisis chancellor Angela Merkel and president have announced a joint plan aimed at boosting the continents battered economy and protecting public health. And. Millions of jobs are under threat in the global Aviation Industry europes biggest budget carrier ryan air has announced it expects an even bigger loss in the Current Quarter than it had previously predicted. This is deja vu news from...

Results for its vaccine, phase one trial in humans. Weve got a lot more on this coming up in just a moment. But this is a very positive development. When this was announced the stock rally that had already been in place gained a lot more ground. One more positive indicator for you. Thats the price of oil. We are back to 32 a barrel. We are driving again, we are emerging from a lockdown, demand for gas and oil up and up goes the price. Key indicator. Now, look at this weekend. All across the coun...

Any moment. I want to bring in our Bloomberg Markets reporter, taylor riggs. Walk us through the equity markets. Pricing seemed to deteriorate toward the close. Taylor so much volatility today, on days you would typically see from earnings. Companies reporting like caterpillar, 3m, really thinking that the worst is not as bad as it seems. All of that, like you mentioned, really deteriorating into the close. A lot of that had to do with Consumer Confidence data, showing that levels are down to th...

Clients. Got to hear mohammed, one of the smartest in the business. What if there were a tool, work with me here, that identified where in the air around your town coronavirus might be hovering . Drone Company Dragon fly says its drones can now just do that. The ceo is here on how they work, but also on the privacy controversy now swirling around his wildlooking aircraft right there on the screen. In this work from home world, theres a real lifeline between millions of employees, their coworkers...

Google ad demand although previrus quarterly was of. That march was difficult. Started. Ts get you we are seeing u. S. Futures coming online, flat, a bit of Downside Pressure. We have u. S. Stocks in the regular session wally. The Downside Pressure on big tech, really leading the declines. The nasdaq composite reversing two sessions of gains. U. S. Consumer confidence dropped in april to the lowest since 2014. There is a big week of earnings not to mention centralbank decisions ahead of the fomc...

New zealand going to issue 60 billion kiwi with Government Bonds between now and next year saying the net debt will rise. That will be in 2023. That is coming out of wellington. Looking at what is happening we have got the australian markets on the way. Of huge ball in the number people out of work but the Unemployment Rate better than expected, down to the dissipation rate their, falling quite drastically as well. That is where we have it. China 10 year bond. We have got yields going back as th...

Under an hour left in the session. Lots coming up on todays show a big exclusive interview with bank of americas ceo. Well get a read on the Small Business relief program. He joins us live in about ten minutes time plus as retail bankruptcy concerns swirl, well speak with the president of sax fifth avenue about whether customers h actually return to stores when doors do reopen but first, lets focus on the big stories of the day. Mike is tracking the market pullback on this first day of may. Josh...

Shop in new york as we continue our focus here on the show on Small Business. In fact, this hour we will look at how the owners of this business have survived the sixweek lockdown and also look at the questions about how long they can hold out. Also its may 1st. While were still waiting for the green light here in new york to open up our economy, there are more states that are wraf wrafrp that are ramping things up here. We will take you to tennessee and texas later in the hour, where restaurant...

Justh to reopen california today taking smaller steps to ease its lockdown later this week. The first state to shut down its in our lets bring Bloomberg Markets reporter, taylor riggs. Why did tech outperform the rest today . Taylor a lot of the optimism new yorkn newsom, from governor andrew cuomo, seemed to turn that around in the final hour of trading. , all of theoned direction today. Fangs,daq along with the the peak out performers. Microsoft, amazon, apple leading those gains. Needp hearin...

All of faang higher with names like paypal up 5 today. We have two bad final hours of trade over the last two sessions and we have sold off over the last couple of hours off the session highs as we stand. Ahead on todays show, well speak exclusively with Thomas Barkin on the heels of another massive jobless number why he says we may be at the bottom of the downturn he just said that on a podcast about an hour ago. Plus, former treasury secretary, jack lew, will join us to discuss the governments...