Weekly caucus meetings. Republicans are meeting with treasury secretary Steve Mnuchin this afternoon about the coronavirus response. We expect to hear Senate Majority leader Mitch Mcconnell address reporters at 2 p. M. Eastern. The senate will gavel back in at 2 15 eastern and, of course, well have live coverage here on cspan2. Up next, a conversation on the coronavirus pan dem sick and public trust in pandemic and public trust in government. We hear from this forum hosted by the Atlantic Council. Good morning. This is fred kemp from the Atlantic Council, and thank you for tuning into this timely, unfortunately timely conversation on Public Trust Institutions and the coronavirus epidemic. First of all, i want to thank ours. Speakers who are here tody and everyone whos joined us online whos being responsive to the call for social distancing. We actually dont think that social distancing contradicts common cause, and thats the way were going to run the Atlantic Council during this period
Blade runners disappointing response this weekend. Look at amc down 7 , and regal down 4. 5 . Only did 31 million over the weekend, they were expecting double, more than that well talk about that. And a massive unity rally being held in sfan this weekend. Were going to look at what this all means for the countrys relationship with catalonia and its place in the European Union. Former head of the European Central bank, jeanclaude trichet, himself, will join us is a cnbc exclusive coming up looking forward to that very mump. First, Goldman Sachs out with a new note saying tax enthusiasm will outweigh an earnings slowdown this quarter a feud between President Trump and a key republican senator could put tax reform in jeopardy cnbcs editor at large john harwood has the details. Let me put it in a bigger picture. The feud with bob corker is one of many challenges facing this tax bill first of all, it doesnt help to antagonize the Committee Chairman as the president did over the weekend and
U uncertainty of a number of saudi princes and ministers were arrested over the weekend on corruption charges and of course as you probably have heard by now, that includes prince al waleed bin talal well look at what this means for u. S. Companies looking to do business in saudi arabia we havent even gotten to the Qualcomm Broadcom story but theres other things to get to now. We have the breaking news now that disney has held talks to buy most of 21st century fox. David faber back again anything new on this is. We can advance the story a little bit and refresh it for people, guys 21st century fox, as bill just said, has been holding talks to sell most of the company to walt disney leaving behind a Media Company that would be tightly focused on news and sports according to people familiar with the situation these talks have taken place over the last few weeks and given their complexity, it continues to be seen as a tough deal to get done by those whove been working on it the two sides
Answers as power lunch from d. C. Begins right now. Welcome to power lunch. Here is what else is on the menu today. So much for d. C. Drama crushing the markets. Investors shaking off the political turmoil for a day. Is it rally on again . And for how long . Plus, for foot locker today, no thrill of victory. Just the agony of defeat. This stock sinking and smelling like an old shoe. Two allbeef patty special sauce pickles onions all sesame seed bun for mcdonalds. The burger boom alive and well on wall street. Brian . Kayla, thank you. And i want you to know im keeping your desk clean. Ive been using it. A one of the wildest weeks we can remember. The president getting ready to depart for his first overseas trip since taking office. Reporter when he talked to white house officials about the trip they used words like historic and words like reset. Both in terms of domestic politics with a tough week in washington, d. C. And in terms of the International Picture and resetting the debate i
Snatches a child instead. Thats quite a tease. Look who is joining us. Power lunch starts right now. Welcome, im becky quick. All three indices up for the Third Straight session. Take a look at this now. The s p up over ten points. The defense is in focus after billions of dollars in deals announced in saudi arabia. Lockheed martin one of the big beneficiaries of the deals it announced. Lockheed hit a new high, some of the other defense stocks also hitting lifetime highs. Oil is on the move crossing 51 and hitting the highest level in more than a month. Right now sitting back below that at 50. 65. Amazon hitting another alltime high. Up more than 120 . This comes ahead of tomorrows shareholder meeting. Becky, its a privilege to have you on the program. Ill keep the coffee brewing. We begin with the president who in just moments will be speaking from israel. All of this taking place before a dinner with Prime Minister Benjamin Netanyahu. Were also waiting on the president to make a join