Comes to the coronavirus adding more than 150,000 new cases on thursday alone President Trump is expected to give an update on operation warp speed in just about an hour. We will take it for you live 59 minutes left to go in what has been wilfred a wild week of trading of one that is higher. Higher for the week higher today as well up 1. 3 on the dow coming up on todays show we will speak with chicago mayor lorie light about her lockdown advisory and the potential economic fallout as cases surge in the state of illinois plus it has been a big welcome back for the bank stocks with the kbw bank stocks up 10 the ceo of kbw will join us to discuss whether there is more upside ahead for the sector. First the big stories. Mike santoli is tracking the market meg tirrells that latest on treelts and vaccines as we await an update from the president and Steve Liesman is looking at the impact of the coronavirus surgeon the economy. Mike, the market up 388, and the dow having been up 400. You lock
1. 30. Immunereally, it seems, in the pound crosses to the brexit headlines. You get a little bit of movement, but not very much on the headlines being generated out of brussels. Crude down 0. 6 . A cautious outlook coming from opec . The virus story front and center. Alix virus cases. Leaders virus cases surging across europe. Leaders weighing options. Italian Prime Minister Giuseppe Conte is holding a press conference right now, saying they cannot take the same measures as in the first wave of the virus. Joining us with more from roane bloombergs is alessandro. Ndro the milan area has requested a curfew from 11 00 p. M. To 5 00 a. M. To stop the activity, to stop people mingling together and going out for a drink in the evening. This is not enough to stop the spread of the virus. We had almost around 10,000 cases per day daily, below the european average, but still higher than what we have seen just a few weeks ago. We are expecting new numbers for today any minute now. Guy when you
This is a boom bust the one business show you cant afford to miss their month of washington coming up the tick tock saga continues as by chance and oracle it will they continue to battle over ownership of the new global leaving the deal up in the air and on another front us while we tensions also continue but is the u. S. Loosening some restrictions against Chinese Telecom giant while way well explain that you have a lot to get to so lets get started. Take talk saga continues as the deal is still facing uncertainty over the structures of the companys ownership and a statement on monday oracle said upon creation of tiktaalik global oracle walmart will make their investment and the ticktock Global Shares will be distributed to their owners while americans will be the majority and by dance will have no ownership in tip top global meanwhile by dans put out a statement of their own theyre claiming to dismiss these groundless rumors and said the company would retain 80 percent of the newly f
Software made in the usa however the u. S. Already seems to be boosting its hold according to a report from china intel has been granted a license by the United States to continue doing business while way which will help will always laptop division other companies have also suffered mission to work with the worlds Biggest Smartphone maker this includes China Semiconductor Manufacturing International corporation that uses u. S. Origin equipment to make chips as well as south korean chip maker escape hynix meanwhile the campaign against weiwei its also sees a holes in other parts of the world namely australia relations between china and the land down under have been tense since australia banned while way from supplying equipment for a 5 g. Mobile network back in 2000 and t. In response what were his cut jobs and investment in australia it was what was cheap Corporate Affairs officer in australia Jeremy Mitchell the reality is you know we weve gone from a 1000 stuff next year will be a 10
September 15th the u. S. Banned companies from supplying for servicing while waiting arguing that the tech giant was being used by the Chinese Government to spy on other countries a big ticket item in the band is chips what weighs prohibited from buying components from american and north American Companies that were developed using equipment or software made in the usa however the u. S. Already seems to be boosting its hold according to a report from china intel has been granted a license by the United States to continue doing business while way which will help while weasel laptop division other companies have also suffered mission to work with the worlds Biggest Smartphone maker this includes chinas Semiconductor Manufacturing International Corporation that uses u. S. Origin equipment to make chips as well as south korean chip maker escape hynix meanwhile a campaign against well wait its also sees the poles and other parts of the world neatly australia relations between china and the