So acknowledge the fact that he lost and he needs to congratulate the winner. Joe biden is edging further ahead of President Donald Trump in key battleground states which will decide the outcome of the u. S. Election biden is leading in pennsylvania and nevada and georgia he needs just one of them to get him over the line trump needs all of them plus North Carolina to hit the 270 electoral seats required for a victory joe bidens been speaking to supporters in his home state of delaware hes still not declaring victory but says he will eventually be victorious i dont also urge people to be patient. Joe biden took the stage looking weary but full of confidence we dont have a final declaration of victory yet. But the numbers tell us its clear to us a clear and convincing story were going to win this race by now leads donald trump in pennsylvania by a significant margin and a narrow one in georgia he also remains ahead in nevada and arizona as vote counting continues and whats becoming clea
Day event. Our new betting week close there, never to be seen again, perhaps . Barstool sports has put Penn National gaming stocks firmly in the lead, but nearly a month after its recordbreaking rollout, whats the next may for Penn National gaming whose stock surged 153 year to date . Penn national Ceo Jay Snowden is here in a fox buzz exclusive. Plus business exclusive. Plus, weve got the woman who traded Silicon Valley for the heartland and now has her homegrown products flying off amazons digital shelves. But first, we begin with a fox business alert here. Investors are pulling back the reins on workhorse at this hour after it gallopedded ahead at the opening. Take a look at the utility maker. It secured about 200 million in funding from institutional lenders in the form of senior secured convertible notes due in 2024. So you can see where we opened, above 30 a share. Right now were at 27. 05. So really pulling back, and possibly just getting to the flatline from where it closed on
Were in westchester, pennsylvania. The expectation this will be biden country. Not far from home in delaware. The focus is Kamala Harris as she gets ready to take stage in the Democratic National convention. Well talk about this state important overall, this area is so pivotal for the hopes of the democrats. In moments i will speak with Everyday Americans and Business Owners. Stay tuned for that. Well get their perspective which is why we are here. First our top stories, fox Business Team coverage set up with gerri willis on the markets and blake burman at the white house. Gerri, we start with you. Reporter thats right. Not as exciting of a day as we had yesterday thats for sure. All three major averages finishing lower taking a breath. All three stock averages down after a big day yesterday. The big stocks driving the dow down, target and lowes hit alltime highs on blowout earnings. Target having an incredible quarter, online and stores open at least a year up 24. 3 . Alltime high. As
Good to see you, melissa, live today from jacksonville, florida. Florida, the final stop on our swing state tour, out speaking to voters here in the Sunshine State the earlier today, all of this as President Trump prepares to formally accept the gop nomination later tonight back in washington. So a lot to do on a busy thursday. Fox Business Team coverage for you. Blake burman and gerri willis to start us off. Blake, you get to go fifth from the north lawn of the white house. Reporter and we have a little bit of news as it relates to no deal at all whatsoever for a phase four relief package because the chief of staff, mark meadows, and the House Speaker, nancy pelosi, spoke this afternoon, and pelosi has just put out a statement saying, essentially, that the talks once again went nowhere. This was the comment from the House Speaker a little while ago. Quote the conversation made clear that the white house continues to disregard the needs of the American People as the Coronavirus Crisis
Coverage. Blake burman at the white house. Hillary vaughn in wilmington, delaware. Well start with blake, latest on stimulus negotiations picked up again but stuck in neutral, right . Reporter picked up again, jackie, going absolutely nowhere it seems. Top democrats here in washington, chuck schumer, nancy pelosi, they put out a statement in the last hour, that they spoke with the treasury secretary, top negotiator for the white house today, they say it was mnuchin that initiated the conversation. Afterwards pelosi took to twitter and said the following, democrats compromised. We repeatedly said were willing to come down a trillion if theyre willing to come up a trillion. Clear that the administration does not grasp the magnitude of the problems americans are facing. That is the democrat take. The response at the white house came from the communications director, elissa farah. Lets be clear, President Trump, not Speaker Pelosi who took action for hardworking americans and extended Unem