Page 4 - J Js News Today

Baseball is looking at an 80game season starting in july. Football arrives in september. Disney allowed, what, onethird capacity at its shanghai park and it sold out. While lockdowns continue, they are being challenged most notably by elon musk. Wasnt to op he wants to open his tesla plant in california. The Authorities Say no. Hes going to court and says he will move out of state if the factory stays closed. As for the market, that will open lower. Solid gains recently but a pullback so far thi...

The answer is not for a long time even the greatest optimists think a mass vaccine in the middle of 2021 maybe something smaller this fall the idea of something that is just given to you in the hospital iv that makes it so it eliminates the lets say the odds of you dying, its something that makes us feel like maybe this is the tamiflu for this dreaded disease i think, of course that makes people feel more optimistic. Everybody wants the country open, but nobody wants to do its been that stark, t...

If you say things are okay, not as great, and youre an industrial, because there will be an opening of america, people will buy you if you say things are in line and you pull your forecast and youre not industrial, its a recipe to be sold. This is about hope its about the idea that it cant be as bad as it is right now. Youll see that even with marginal retailers, people think a marginal retail hear to come back because america is open listen, you have to go with the flow for a couple days if you...

In europe. European stocks hitting a 20 bounce up from the bear market in 2020. A little bit of selling on the bond market as growth questions continue and Oil Takes Another leg lower. Lets get right to the bank numbers. Jp morgan shares up by about 2 . They reported blowout fixed income and trading revenue. With us now is Alison Williams is sonali basak. Sonali provisions for loan losses are really skyrocketing here, more than 8 billion expected. A lot of it is coming from the consumer business...

Thank you, guys. Okay. Alex gorsky from j j, appreciate it well be back tomorrow cnbcs special coverage continues right now. Good monday morning welcome to squawk on the street, im Carl Quintanilla with jim cramer and david faber. Coming to you live from separate locations even on set as we practice social distancing futures are stable to start the week as the president extends those social distancing guidelines to april 30th j j, as you just heard, announcing a lead candidate for a covid19 vacc...

Dr. Moline, is there any safe level of asbestos in consumer talcbased products . No. And why is that . Theres no safe level of asbestos period. Its a carcinogen. Its a type 1 carcinogen and there should be no exposure. Dr. Longo, both the fda and the epa agree that there is no safe or acceptable level of asbestos for human exposure, correct . That is correct. In fact, just this past year, Johnson Johnsons ceo was asked in a deposition whether asbestos is safe. He stated, quote, i would agree tha...

Asbestos in Johnson Johnsons talcbased baby powder. In response to the announcement, j j issued a limited recall of one lot of its talcum powder. On november 15, 2019, i sent an invitation to the ceo of Johnson Johnson, requesting that he appear before our subcommittee to discuss the Public Health concerns regarding j js baby powder. Hasdisappointed that j j refused to comply with our request. The ceo has not refrained from making multiple public statements on the topic, including authoring writ...

Sunday nights at 8 00 eastern on cspans q and a. Next a hearing on carcinogens and methods for detecting as best us and talcum powder. The subcommittee heard from scientists, a doctor and patient after the fda said it found trace amounts of as best us in baby powder. Johnson johnson recall but its tests found no carcinogens. The hearing is an hour and a half. [inaudible conversations] the subcommittee will come to order. Without objection the chair is authorized to declare recess at any time. I ...

Some pessimism over in europe. The bond rally echoing what we saw yesterday in europe. Yields down by about four basis points. Bank earnings are kicking off this morning. Beats onp reporting everything except equities and trading. Sonali they did not be dont Equities Trading, but they did beat on fixed income, so that is good. They want to be the number one Equities Trading shop, so not beating there is not a great sign. Average loan growth a little sluggish. Jamie dimon put some notes of cautio...

This comes after a decline of about 29 points. S p indicated up by 12. 5 you want to take a look at whats happening in the president ry market yields look like they are a little weaker. Dow component is reporting. Company is reporting a quarterly profit 3. 88 a share increasing the full year out look we have a nice gain in the stock there. This is a dow component. Thats the headline. It is going to help the dow. That is one of the reasons 3. 5 points adding nicely we wouldnt be up without United...