Vornado, Regency Centers and kimco down 40 this year on growing concerns about their tenants ability to pay rent as most nonessential retail remains shuttered across the United States back to carl eric, thank you very much good morning welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan and jon fortt is back after a week off coming to you live from separate location. Major averages off of the morning lows dow was down 500, now down half of that. A big week of earnings, ibm tonight, netflix and others in the days to come and then, jon, oil is a major story as the front month contract does expire tomorrow. It is thats had a big impact on the markets overall. Im looking at all kinds of retail and ecommerce as well, making some strong moves in the past when i was off and over the past month as well, guys that is where well start this morning. Lets bring in heath terry, Goldman Sachs internet analyst good to see you. Yeah, good to see you too, thanks, jon. So as i was just sayi
Though the outbreak may be far from Middle America here in omaha, its still top of mind. Its now found in 66 countries and spreading and can cause devastating birth defects. As Summer Travel season begins, its impacting tourists around the world. Thats our cover story. While the mosquitoborne disease, brazil is the ground zero for the outbreak and it will be home for the summer olympics starting in three months. The tiny mosquito could have a huge impact on the tourism boost but here zika may cut the revenue by 20 or 47 billion. We will do everything to ensure the health of the athletes and all the visitors. In total, it could cost 3. 5 billion this year. Mostly from loss tourism revenue in countries from mexico to jamaica and dengeu cost the economy 8. 9 billion and more than tourism may be affected. Mainland china was 2. 2 million of potential investments. The u. S. Costs could surge and president obama has requested 1. 9 billion from congress to battle zika. So where is that money b
The worlds greatest investor. The ceo of sole. Whats it like to work for warren and is he the worlds greatest boss, too. Is zika virus in your vacation plan . What it could mean to Summer Travel. And believe it or not, not for your pets. Cure what ales them and is it a good idea . And started swinging again. On the money starts right now. Announcer this is on the money. Your money, your life, your future. Now, becky quick. We begin with the zika virus. Though the outbreak may be far from Middle America here in omaha, its still top of mind. Its now found in 66 countries and spreading and can cause devastating birth defects. As Summer Travel season gigigibegins, its impacting tourists around the world. While the mosquitoborne disease, brazil is the ground zero for the outbreak and it will be home for the summer olympics starting in three months. The tiny mosquito could have a huge impact on the tourism boost but here zika may cut the revenue by 20 or 47 billion. We will do everything to
We begin with the zika virus. Though the outbreak may be far from Middle America here in omaha, its still top of mind. Its now found in 66 countries and spreading and can cause devastating birth defects. As Summer Travel season begins, its impacting tourists around the world. Thats our cover story. While the mosquitoborne disease, brazil is the ground zero for the outbreak and it will be home for the summer olympics starting in three months. The tiny mosquito could have a huge impact on the tourism boost but here zika may cut the revenue by 20 or 47 billion. We will do everything to ensure the health of the athletes and all the visitors. In total, it could cost 3. 5 billion this year. Mostly from loss tourism revenue in countries from mexico to jamaica and aruba. Dengeu cost the economy 8. 9 billion and more than tourism may be affected. Mainland china was 2. 2 million of potential investments. The u. S. Costs could surge and president obama has requested 1. 9 billion from congress to
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