Good morning. So this meeting will now come to order. Today the subcommittee is holding a hearing entitled oversight of doe, during covid19 pandemic. Members will be participating in todays hearing finally in person or remotely via video conferences. And just as a reminder weve had some technical difficulties in making sure that our remote video was operating up to standard. As part of this hearing, the microphones of members participating remotely will be set on mute for the purpose of eliminating inadvertent background noise. Members participating remotely will need to unmute their microphones each time you wish to speak. For members and witnesses participating in person, i encourage you to wear your mask whenever you are not speaking. Dr. Monahan, our physician, stressed in attending physician covid19 guidelines that use of face coverings is meant to protect other people in case someone was unknowingly infected and does not have symptoms. But wearing our mask when we are not speakin
Pennsylvania and is chair of the energy and commerce subcommittee on communications and technology. Congressman doyle, that subcommittee is really key to telecom policy, isnt it . Guest it sure is but it is the Key Committee in congress that deals with telling mitigation policies and a lot of interesting type of issues with more to come. Host we will explore some of those in this next half hour but i want to start with some news that came out this week which is the sec declaring while way and is et corporations to security threats which what is your view of that . I think there is some validity to that and that is one of the reasons why you saw the bill we passed in the energy and Commerce Committee with greg and myself which is, now were just waiting for the appropriators to put some money in it because we estimated it will take one, 2 million to assist the Smaller Companies that fought that equipment to make that whole so we can remove the equipment and put the other equipment in. We
Will go to the dogs. Chicago, illinois, is home to bentleys corner barkery, a natural petsupply store started by lisa and Giovanni Senafe in 2008. Lisa how many do they need . Just one . Giovanni never a dull day at the barkery, at least for now. Lemonis after losing a pet to illness and convinced it was related to diet, lisa was inspired to open a store and carry food made with healthy ingredients. The concept caught on, and sales surged, and within a few short years, lisa and giovanni expanded aggressively too aggressively. With seven stores open, over half of them are losing money. I love the concept of Healthy Products for pets, and the petsupply industry generates over 16 billion a year. With the right process in place, i feel confident we can fix this broken chain. Im headed to bentleys corner barkery in the Arlington Heights neighborhood, a suburb of chicago. This is the flagship store, and im eager to see the model they have in place. Vic how you doing . Lemonis how are you . I
Were not seeing anything like that today. We have tech stocks that are lifting the nasdaq right now. Dow is down about 44 points but the nasdaq looking nice and strong here, up 94 points. The coronavirus pandemic of course is still causing not glitches but massive disruptions in particularly the u. S. Meat supply. Shortages are now upon us, as stores now limit purchases of beef and pork and chicken to prevent hoarding. That has beyond meat surging after the plantbased meat giant reported better than expected quarterly earnings. That stock up 23 . But its biggest competitor, oneupping beyonds good news. Impossible foods and its ceo pat brown are here in a fox business exclusive on his huge deal that he Just Announced with kroger and how virus hot zones are popping up in meat plants and spurring consumers to make a big change in what they are putting on their dinner table. And as lockdowns linger, more companies are realizing that keeping employees working from home might actually improv
Speak out about shortages threatening their lives. They are the heroic workers putting their health on the line every shift. I try to do my help. Later, a supercentenarian celebrates 110 years. Party on. Announcer this is the cbs overnight news. Good evening. Im karen leigh, reporting tonight from cbs4 news in denver. We begin with breaking news. In britain, Prime Minister Boris Johnson, who has the coronavirus, has been admitted to the hospital. Also, dire warnings of a country about challenging days ahead. In the last 24 hours there have been more than 1300 new deaths. New york is hit the hardest. 1,000 more military personnel will deploy there to help out. And the virus is spreading, experts warn of a new wave of so called hot spots. Areas include the northeast, midatlantic and south, plus states like indiana and colorado. We have reports tonight from cbs news correspondents across the country and overseas. We begin with meg oliver in newark, new jersey. Reporter karen, here in the