Second highest rate of cases in the world and supply of protective gear was uncertain. Some estimated supply would run out in a matter of days. Use the defense protection act to leverage the equipment to keep fighting the pandemic. Using the dpa is crucial in our fight against covid. However, i was just as surprised as many of us when the International Development finance corporation announced they would issue their first dpa loan to kodak to produce pharmaceutical components. The dpa is finally being utilized but to a company that only just recently left bankruptcy with no proof of success of pharmaceuticals, being trusted with such an important task. Frankly its not a joke. Kodak ceo purchased shares of the company, leading up to the announcement and received 1. 75 billion Stock Options from the kodak board the day before the announcement was made. These Stock Options may have been worth as much 50 million just a few days later. A letter from the committee to the s. E. C. Urging inve
Lower starting point at 399 i asked cook if he was worried about the se denting demand for the higher priced models and then tanking his margins cook dismissed that telling us we are never worried about cannibalization. Our view is if somebody is going to cannibalize it better be us theres probably a little overlap between the two. The se right now cook saying appealing to android switchers and appealing to people who want the most powerful phone but in a smaller form factor. Sticking with the iphone i asked about iphone demand in china what are they looking like and can we use china as a leading indicator for other geographies in countries, europe and the u. S. Cook telling us there was a significant, very steep falloff in february that began to recover some in march, and weve seen further recovery in april so it leaves us room for optimism its hard to tell if thats a leading indicator, cook says there are differences. The u. S. Has had very bold stimulus programs and i think that wil
24,615. The s p gaining nearly 100 points right now. But you know what, moderna really gets a lot of credit here. Its just one, though, of dozens of Drug Developers working 24 7 on vaccines for covid19. Speed is of the essence and thats why they are turning to a publicly traded name of a highly Specialized Software Company Helping them put the pedal to the medal. The ceo is here in a fox business exclusive. As Jerome Powell prepares additional ammunition in the form of money to help the economy, could you hear the secret message he aimed squarely at congress and the president during his 60 minutes interview . We are about to decipher it for you. Speaking of president trump, as applications for jobless benefits soar, it is the Restaurant Industry that has already bled three million plus jobs. President trump meeting right now with Restaurant Owners and executives. He said he is going to take questions when he is done getting the roundabout from the table on whos who. We are going to tak
Covid19 on the front lines. A digital event cast from the atlantic. We are going to be talking for the next hour or so about the latest science, about the latest treatments, and will be looking forward about what we can expect in the weeks and months ahead. Before get underway, a moment to thank our underwriter pharma, who is making the conversations possible. First, lets take a look at where we are right now. As of last night, more than 580,000 americans have been diagnosed with covid19. And over 23,000 have died of covid19related complications. There are some signs of improvement in places like new york. The curve appears to be flattening, but some other hot spots are emerging, and at the moment, 316 million americans are still under stayathome orders. This is an evolving situation, of course. The atlantic has been moving along with it, publishing articles like the technology that could free america from quarantine, and the coronaviru unique threat to the south. Another article which
Protects access to new medicines and cures and lowers out of pocket spending and strengthens transparency and accountability and champions competition. H. R. 19 acts in the interest of hardworking americans. I urge my colleagues to support this bipartisan, commonsense amendment. I yield back. The chair the gentlewoman from california is recognized. Ms. Porter claims that h. R. 3 ill stop cures is fear mongering. H. R. 3 makes substantial more ment to help create cures and most importantly will make sure those cures can actually help people in their lives. Fair that the government, elected by the taxpayers, and the appointed by , elected officials, should get to negotiate drug prices, and it not come at the expense of innovation. I reserve the balance of my time. He chair the gentlewoman reserves. The gentleman from oregon. Mr. Walden i reserve. The chair the gentleman reserves. California man from is recognized. Speaker, how r. Much time remains . The chair the gentlewoman has 30 secon