We have you covered on all of that. Could be another big week for the white house. As the Administration Pushes for more reopenings, the economy after the worst jobs report since the Great Depression on friday. More staffers put in quarantine at the white house. And war of words with china is escalating as we speak. We expect a briefing by the way, from the white house in just under two hours from now. A live report from d. C. Coming up to tee it you will for you. Plus tesla, ceo elon musk is at it again. Over the weekend he threatened to pull his companys headquarters out of the state of california. Well tell you all that and more right now. Cheryl treasury secretary Steve Mnuchin saying that the economy may be permanently damaged if it is not reopened and reopened soon. Coming as white house trade advisor Peter Navarro hammered china over its handling of the pandemic. Blake burman joins me from washington over the latest. And what is happens at the white house. Reporter cheryl, no se
Brennan and jon fortt. Markets have been well off the highs. Dow was up 937, trying to hang on to about 400 points on the dow right now. Lets bring in mark mahaney of rbc, david lovevitz of jpmorgan. We knew 2700, 2750 would be a bit of a battleground and its turning out to be exactly that yes, exactly. One of the things thats occurred here over the past couple days really over the course of the past weekend is you finally saw consensus earnings system begin to come down and the narrative that had been in the Market Equities are looking cheap, the question we were always asking was cheap relative to what earnings . When you use the new estimates that are around 145 a share, you know what youre seeing is stocks are looking fairly valued not outright cheap and i think thats a big part of why were seeing things run into resistance at these levels mark, its a great opportunity, davids answer, to ask you how in the world analysts are coming up with any kind of estimates given the lack of gu
[ light laughter ] canadian Prime Minister Justin Trudeau is facing criticism after a photo from 2001 surfaced in which hes wearing brownface. Im not going to show you the picture, because its really bad. Its so bad that canadians traveling in europe are going to start telling people theyre american [ laughter and applause what . [ cheers and applause sorry, wheres my accent from . Oh, im from houston [ laughter ] this is a houston accent. [ laughter ] according to reports, a whistleblower complaint has been filed against President Trump for his communications with a foreign leader, which alleges that trump made an undisclosed promise during a phone call. Said trump, well, i dont know if he even can dance but sure, why not . [ laughter and applause producers have announced that disney will soon add a character that will serve as its first jewish princess. The movie shes starring in is called chosen. [ laughter and applause a delivery van overturned in georgia on friday and spilled over
Over parts of the brazilian city of Rio De Janeiro. And in sport nascar driver ryan newman survives a horror crush at the daytona 500 race the american has serious but no not life threatening injuries after this final lap collision. Its 10 g. M. T. And we begin this news hour in china where the head of a Major Hospital the center of the corona Virus Outbreak and one hon has died of the disease. The director of which on hospital died early this morning hes the 7th Frontline Health worker to die of the virus and total the corona virus has killed more than 1800 people with over 70000 people infected in china alone 98 of them died in the last 24 hours mainly in who by province. The outbreak is hitting the economy hard so Chinas Finance Ministry will now offer Tax Exemptions on nearly 700 u. S. Products including medical equipment lets go live now to katrina you who is in beijing for us katrina Health Workers a pouring into china and going door to door and well hunt whats the latest. Thats
Commander refused to sign a ceasefire agreement in moscow. And a miracle in the snow for some, but for others, it is already too late. More than 90 are killed in Severe Weather across pakistan, while e souther several othes are still missing. Wiping out at least one village and blocking roads. I am. To our viewers on pbs in the United States and around the world, welcome. Tonight, the European Union is announcing plans to dedicate one quarter of its total budget to tackling climate change. The Europe Investment plan will direct one trillion euros into climate protection over the next decade. The goal is to reach Carbon Neutrality across europe withinn 30 years. This is what the United States m moon landing looks lik. When i it comomes to o climate prototection, the europopean commission does not shy away from drawing comparisons to that event. We do not have all the answers yet. Today is the start of a journey. This is europes man on the moon moment. A green deal for the European Union