Page 30 - Phase Four News Today

Gilead sciences, as you heard from maria, positive news from a government trial of their remdesivir and also from two of their own trials. Positive news on a treatment. That sent futures straight up earlier this morning and look at the stock, also straight up, 6. 8 . Thats the effect of this effective trial of remdesivir. Up go futures, up goes gilead stock. More on this in a moment. A second reason for the dows gains, investors expect a strong recovery for the economy starting in the summer. Th...

August. Another curveball for parents. Governor newsom is now floating the idea of starting the next school year early to make up for lost time. And the plan is getting mixed reaction from parents this morning. Good morning, everyone. It is wednesday, april 29th. Good morning, friends in the quad box. Good morning. I think, i know its getting, yes, hello, friend, in the studio. I think some kids might be happy to see their friends with that story. I dont know. Definitely a lot of sides to that o...

Unemployment rate when we get the numbers on may 8. That compares to the high in the pointdepression, 1933, 24 9 . We could easily be above that. This week was the week that is the reference for the jobs report. It may not be worse than that, but when you are grasping at straws for good news, global pmi , the United States comes in better in europe with numbers that wouldve been a stabbing to anybody a month ago. Anybody. Ding to 36 for manufacturing, 27 for services. Those are so much higher th...

Disease, who is at the risk of getting the disease, meaning if you are negative youre still at risk of getting the disease. Andra range of Public Health efforts call surveilling, understanding the prevalence of the disease in the community, that, coupled with knowing how many people are sick, and how toey people die who allow us ultimately open up our community and society back to near normal. It also tells us how close we are to herd immunity, which is the Public Health principle that says that...

Spread widened out. Thursday in terms of the eu, and theres going to be clashes about whether or not we see joint debt issuance. Vonnie we will speak to maria tadeo about that in just a few minutes. In the u. S. , we are seeing equities dragged lower by oil, down almost 40 at one point, and back there again now. We are trading at 10. 85 for a barrel of wti. It is really insane levels of trading. The contract expires tomorrow. Vix trading at about 40. One stock to point out, united airlines. Obvi...

To talk about the vote, the guard rails that are put in now for Small Business loans and what phase four could really look like. Government money, though, will not save Neiman Marcus from the crushing effect of the covid19 epidemic on retailers. The High End Department store chain could file for bankruptcy, some say at any moment, could be by the end of this week, but can saks save it . The former chairman and ceo steve sadove on that and whether we are witnessing the death of the Department Sto...

We have useds in churches. We are getting closer. The numbers are getting much. Loser theyre being attacked as we speak but we will all win. At some point, we will all win. We will do it sooner than people think. Earlier today i spoke with 10,000 of americas faith leaders to thank them for raising this peers of our people. Maybe physically apart, we can use this time to pray and reflect on our relationship with god. With 3000 mayors, county officials to provide an to be the virus, to crush youre...

Joining us today, and good morning from the west coast. I know it is afternoon on the east coast, but good morning from where i am. Thank you all for being part of this conversation today. What ive heard constantly from people in my state, and i know this is true from every one of us on this call is where are the tests . It has been a constant refrain from the beginning until today, and finally, getting an answer a clear, reliable 1 is critical if we are going to safely go back to Something Like...

Flying this friday. I ask everyone to lift his family and loved ones up and prayers. We all continue to grapple with this big loss for our state. , i am joined by the department of Public Health commissioner, the adjutant general of the good Georgia National guard, and fema director. I want to thank these hardworking georgians and their staffs on the ground right now for their tireless efforts in this fight. We are fortunate in our state to have the best and brightest leading this charge. Report...

Prices. A new study warns japan is facing a double digit contraction in the coming months as the coronavirus pandemic slows the economy further. Shery lets get you started with a quick check on how markets are trading. We are seeing key restocks gaining ground for a third consecutive session. We have seen the rbnz come out and say it is open to increasing the size and scope of its program. We are seeing further upside in trading. Nikkei to futures up. 2 . U. S. Futures under a little bit of plea...