Coming after yesterdays euphoria that is part of the momentum growth trade materials and industrials are the only sectors in the green. We have a few more ipos and awaiting more news on tiktok and oracle it will be busy coming up on todays show, mohammed elerian will join us on the on going stimulus stalemate and well speak with Jim Fitterling and shares of Cybersecurity Firm Palo Alto Networks up 80 from the march lows as companies boost protections for employees working from from home the ceo will join us to discuss that trend and much more lets focus first of all on the big stories youre watching. Mike santoli is tracking to days volatile Market Action we have the latest on stimulus in washington and sara has new reporting on the oracletiktok sag yachlt mi saga mike, markets down 1. 4 . The ive been heavy tape all day. We continue this process of sort of undoing that august overshoot to the upside. Ive been focused on levels that we saw back on august 11th thats about 3333 we closed
As of tuesday, San Francisco salons are allowed to operate outside only. No issue has been by consensus unanimous than the outrage of what we all saw on that hidden camera, or that security camera. Reporter the professional Beauty Federation of california which says it represents more than 600,000 personal care providers called her action quote brazen defines. Speaker pelosi said she has gone to the salon several times of the year, and said the business allowed her to come in, say herring mask only came off while her hair was washed. San francisco guidelines only allow services where the customer can keep their mask on. When they said what were able to accommodate people, tha can set up that time, i trusted that. As it turns out, it was a set up. Reporter the owner said that the stylist rents space from her, calling it quote a slap in the face. Its more than just hypocrisy of our ruling class who has us shut down for six months. All of our salons and spas in San Francisco, and yet when
Cans fear they will soon be homeless. More than 4 million renters in a state said they were unlikely to make august rent. Many some extended eviction moratoriums, but the statewide halt an eviction proceedings could end august 14th. We could see a massive weight of eviction begin within a day or days of that order being rescinded. Reporter david chu offered one of the hand full of bills moving through the legislature to prevent evictions. He hosted a News Conference about the possible health impacts. Health officials warned that kicking people out of their homes could lead to an increased spread of covid19. The already catastrophic crisis of Affordable Housing in california have left those in the black, latino communities disportion atly affected. Reporter caa is kepticle of some of the legislation, and is calling for direct cash help. Were hoping for legislation that would provide financial sis stance to landlords and tenants. Reporter the governor said he is working to find Common Gr
Im Andrew Ross Sorkin with joe kernen and melissa lee becky is off again we are about 111 points up now s p 500 looking to open about 11 points higher. Flip is around and show you we are at. 952. Still under the six handle i always wonder what the bond vigilantes are thinking now relative to our little equity world. Worth noting we are still 3 well away from the february record highs some highlights. The ceo of Tractor Supply, auto nation venture capitalist, treasury secretary mnuchin, house leader and twitter ceo. A huge lineup straight ahead thats a big show yeah. You guys always have a big show but this is particularly large. For you because you are here people said, melissa will be on book her i think they wanted to do it for you but i think they were scared if they didnt do it of me thats the feeling they got they didnt want to disappoint you. I doubt it thats nice to say but i doubt it im not a scarey person. Im not. Maybe to you nows this morning out of washington. Reaching Comm
The airplane, symbol of our mastery of the skies, is expanding oceans and continents in ever dwindling hours, bringing hope to people of the world, new horizons to industry, and new careers to youth. For air transportation has proved itself a vital factor in the social and economic of modern civilization. It is a rapidly expanding industry, and industry employing thousands of persons. Aireep each airliner in the today, over 100 workers are needed on the ground. Many of these are engaged in office work. The Reservations Department comprises a specialized group. It is here that rates, reservations, are communicated directly to the public by telephone. But requiresesting tact and a pleasant, well modulated voice. Another reservations a job is at the ticket counter. Here duties include the actual issuing of tickets through direct personal contact with the public. As in many departments, the work is handled in shifts for aroundtheclock service characterizes the industry. The welfare of the