The dow is looking for about a 300 point gain right there at the opening bell. S p up about 34. Look at that nasdaq go. Technology is doing well, up 104 points. Thats premarket for the nasdaq. Now, lockdown winners. Clearly emerging. Lowes, the Home Improvement people, headquartered in North Carolina. Profit up 28 . We stocked up for the lockdown. Target, they really organized their online delivery and store pickup operation, lumped together under digital sales, up a whopping 141 . Walmart, same story. Stockpiling helped them, too. Amazon, kings of the online selling business. Boy, did they clean up. The stock is near a record high. And the netflix, well, they are the kings of the streaming business. What else are we supposed to do when we are ordered to stay home for weeks on end . There are a lot more virus winners and we will go through them throughout the show. Meanwhile, the revolt continues all across the country. Businesses are defying the authorities and opening up despite the
Killed in the helicopter crash. Baseball agent scott boras says he will create that internship for altobellis daughter. Longtime ceo bob iger is stepping down as disney chairman, capping an extraordinary run navigating disney through some of its most transformative years. Here is ska inkayna whitworth. Reporter passing the torch at walt disney company. Bob iger stepping down as ceo effective immediately. Iger saying its an optimal time to transition after 15 years leading the company to focus on creative endeavors at disney. I needed to spend more time on the creative side of our businesses because theres really nothing more important, particularly with the new strategy we have in place. In order for me to do that, i had to pass the reins on to someone else, this gentleman as it turns out. Reporter as disneys sixth ceo, iger oversaw tremendous growth, acquiring pixar, marvel, and its avengers franchise, including revolutionary blockbuster black panther. Iger says attending its premiere
Global Business Forum. Will be speaking to pierre moscovici, european for economic and funny to affairs, andreas , Allianz Global Investors ceo, and stephen badger, mars inc. Chairman. Lisa deepening some of the concerns about trade come the s p lower. Crude dropping as well as saudi arabia seems it is getting production online faster than expected. The euro losing versus the dollar. The dollar strengthening despite concerns about turmoil amid the leadership in the u. S. Onyear yields going lower this risk off day. David joining me now at the Bloomberg Global Business Forum is andreas utermann, Allianz Global Investors ceo. It is good to have you here. I want to start with why we are here. It is the Climate Finance Leadership Initiative. Explain to us what that is. Andreas it is an initiative that michael bloomberg, on behalf of the u. N. , kicked off about a month ago. It brings together a significant number of affluent to private sector organizations with the aim of cooperating and c
Money, your money, your life, your future. Now becky quick. We begin with space travel. The weekendmarks 50 years sinc man walked on the moon now half a century later theres a push to explore the final prfrontier there is a lot of private enterprise working on the race to space. 50 years ago the eagle has landed. The first humans stepped foot on the moon the apollo 11 mission, cinched americas dominance in Space Companies like spacex using rockets to go into orbit now has come the time for us to make the next giant leap and return american astronauts to the moon. Nasas new program is artemis. It would send americans back in five years, a fete that can only be achieved with the private sector were in an entrepreneurial space race. Weve gone to 476 companies today, theyve raised 22 billion of equity capital. One startup, astro bottic. Its a railroad to the moon. It builds robotic landers, it has almost 100 million in contracts, including nasa. We offer nasa an opportunity to fly payloads
He should he serves as an economical studies scholar. He is here to talk about the issues facing millenials when it comes to retiremen guest the truth is, mostly because everyone worries about retirement, but we have been , some of us think over focusing, on the baby boomers on the verge of retirement and focusing on their worries and whether they are prepared, and not paying attention to the fact that everyone else also is nervous. Everyone else is nervous that when they retire Social Security will not be there. Everyone else is nervous that they will not have enough money saved. What is happening is it is a good thing that we are beginning to realize that there are about to be more millenials than baby boomers, and we are not talking to them or thinking about them. That is the reason for paying attention. In thehere is a line report that i want to read you saying millenials will have several advantages such as more education and longer working lives, and more flexible worker rain bin