Edward lawrence will have airline news in a minute. But, lauren, we start with you. Lauren all right. Well the good news today, guys the rally we saw all day held into the close. Look at that, the dow up 1 1 2 . The nasdaq up 2. 1 . I will give you three Major Regions for the rally today, you touched on some of them. All 50 states eased their lockdown restrictions. The fed. We got the minutes. They are discussing ways to provide even more support to the economy. And tech, once again in the drivers seat. Take a look at amazon and facebook shares. They did hit record highs. Did they close at record highs . Facebook, yes that is a record high. Amazon, oh so close. Facebook though, they announced a new on line marketplace that can compete with amazon and others. That is why you see a 13dollar gain for the stock. Dow positive for the month of may. Nasdaq and s p 500, leadership was broad. Again it was in energy, financials and materials. Much of the power behind the rally that we saw on monday. As states reopen, look at that, travel, leisure stocks surged including casinos, hotels and airlines. Mgm is up 9 . They said they will Start Testing that are workers. Guess what . Automakers are testing that are workers. Some of them, including ford, had to shut down recentlyopened plants. Ford shut down the dearborn, michigan, plant after a worker tested for coronavirus. They plan to reopen the plant tonight. They closed another plant in chicago for another reason. That plant was shut yesterday as well. Look at this. Ford shares up 3 1 2 . I guess this is the new reality, right . Despite a stellar day overall, stocks weakened a bit of a the Senate Passed a bill to increase oversight over Chinese Companies that list here. Might ultimately ban some of them listing here. Jb. Com actually up on the news. Lowes, target, struggled on retail earnings on stores that actually grew during coronavirus. Online sales surged 80 for lowes, 141 for target. It also cost the companies to stay open, stay safe, ship fast. Target actually fell today. Guys, back to you. Connell lauren, thank you. Lets get the latest white house news now as we await the president s meeting with those governors. Plenty more for blake burman to report on. Blake . Hi, there, connell. At the white house we heard from press secretary Kayleigh Mcenany briefing the press and had a tough time explaining a series of tweets the president sent throughout the day as he suggested that he would withhold funds to states that he believed are engaging in excessive mailin voting practices, specifically the president zeroing in on nevada but especially on the state of michigan. For example, a little while ago this, was one of the tweets that President Trump sent out, quote, michigan sends absentee ballot applications to 7. 7 million ahead of primary and this was done illegally and without authorization by a rogue secretary of state. I will ask to withhold funding to michigan if they want to go down this voter fraud path. White house not saying what the president believes is illegal about that. What funds the president and white house believes could be held. Kayleigh mcenany tried to make the case this was a campaign issue, she couldnt talk about it from the white house podium. Listen to part of her response just a little while ago. I wont get into exactly what the funding considerations are. I would note that his tweets were meant to alert secretary mnuchin and mr. Voght, head of omb, about his concerns with trillions of dollars going to these states. Reporter of course russ vought and Steve Mnuchin work at the pleasure of the president and speak to the president. Mcenany said russ vought was in the oval office today. Asked why the tweets needed to get to his attention, she tried to make this a case this was matter of transparency. We heard from nancy pelosi, the House Speaker on this matter, she believes this is health issue, mailin voting as it relates to covid19. By the way, meeting at white house between President Trump and two more governors, the democratic governor of kansas and republican governor of arkansas. That meeting expected to take place at any moment now. Connell, melissa, back to you. Connell blake, thank you. Blake burman. Melissa here now to discuss all of this is bill mcgurn from the wall street journal. He is also a fox news contributor. So, bill, it is interesting, as you look at all the headlines as they flew by just now President Trump and various governors talking about reopening, it seems like in some ways he is become both cheerleader and maybe flogge are in chief, handing over specifics to them as he ushers the nation back into reopening but a lot of ways he has given them the control, maybe as it should be to kind of open their states. You look how it is going, encourage some, scold others, is that a good position for him to be in. I dont think he has much choice in the sense it is their power under our federal system. I think that is largely a good thing. I think there is much more danger in one size fits all. If youre reopening in iowa it is probably different than if youre reopening in manhattan, depending on the stage of the disease and so forth. I do think that, again, even outside of President Trump getting a lot of attention what he says on governors i think bigger effect is on the governors, the ones that open up they dont have a problems people feared there is lot more pressure on guys to open up if they dont do so. I think americans are bursting to get back to work. I think it will be hard to keep catastrophes some people predicted to keep people getting back to their jobs. Melissa you are brilliant, you jumped ahead right to my next point. I was thinking, we have seen texas and florida start to open up amongst other places. Right. Melissa we have seen good data so far from those places and as we said, you know, he or she is brave enough to go first will be watched by everyone, if it is successful well all leap in behind them. If not, lo and behold we heard in the last hour, Charlie Gasparino breaking the news, saying big banks on wall street are now saying they are going to bring their workers back into new york, not all of them but those who are coming back to the office and are eager to get their first, they will begin the process, sooner rather than later. They had been talking about late summer and fall. Now theyre saying we will begin to reopen the doors in june and july. So in fact, it does seem like it is going better than expected at least on the reopening front. That does put pressure on more places to open up and, you know, gives the president s, you know cheer to move forward and get people back to work more oomph. Your thoughts . When you said before the president is sort of the cheerleader, we all should be cheerleader. I want what every people try in the states to work. I dont want americans to get sick and die and i would prefer if the people that do the least that it works shows us that the risk isnt as high but i want everyone to work. The president should be cheering for people, should be rooting for people to succeed. We should all do that. One thing i think that is always been miscapped is this idea of lives versus economic gain and it is such a false dichotomy because you cant save lives and keep an economy shut down. You just cant do it. We talk about how to help companies that are struggling. There are Different Things we can do in the short term but there is no substitute for letting these Companies Get back to work and hire people and create wealth. And, give people the dignity of their jobs. Melissa well, secretary azar agrees with you, and he said i think it was two days ago, it was wellput, it was health versus health, not health versus money. There are tremendous health risks connected with the idea of an economy shut down, people losing jobs, people going hungry. All of the negative Health Effects of an economy that is in a depression, that is right there. He is balancing the health on one side against the health of the other side. If you think you cant really talk about money. When the president , we should all be cheerleading, sometimes when he is cheering, people say he is being reckless, that he is encouraging people to get out there and risk their lives. You know, how do you respond to that, real quick, before we go . Two points. One is, ron desantis was pilloried for opening up as though he didnt care about the lives of citizens of his state, look how it turned out. He concentrated on the vulnerable. I think that leads to the second part of what youre saying. It is always posed in black and white, lives versus the economy and the real question is how you reopen. Businesses not only have to reopen if they want people to go to work there they have to persuade them that it is safe. No business wants to see its employees getting sick. Can you imagine the problems that would have for that . We ought to may more earnings to the how questions. It is not an either or. If you open you do, impose some conditions and so forth. That is how places like hong kong from the beginning kept their economy open but they have all sorts of Safety Measures in place. Melissa bill mcgurn, i love you. Youre so smart. Thank you so much. Connell. Thanks, melissa. Connell melissa and bill, thank you. We, a real fight for survival at least in a business sense. There is an Airline Industry group, called airlines for america, that says unemployment in that industry will be 15 by the end of this year. This as the Treasury Department has yet to dispurse any of the 46 billion in funds that have been allotted to airlines. Lets go live to Edward Lawrence in washington with more details on all this. Edward . Reporter yeah the reason, you pointed out the reason the Airlines Need help is because no one is traveling. That association, industry group, airlines for america, says that the passenger planes in the u. S. Fleet, 50 of them sat idle for the seven days from last sunday. Now that is because demand, nonexistent. That demand means that the aerial lines are dealing right now with a 74 reduction in flights that are going domestically and 93 reduction in flights internationally. The cares act designed to help some of the bottom line. None of the 46 billion as you pointed out in bailout money has been distributed. But most of the 25 billion set aside for Passenger Air carriers under the Payroll Support Program is in the hands of airlines. A senior treasury official telling me they wanted to focus on that Program First because it paid for employees to stay on the job. Now the ceo of delta says, all of this money will mean all major us air carriers will survive this. International we are seeing some airlines going out of business but in the u. S. I give primary credit to the president , the administration, leaders on the hill. They were able to pass the cares act and within the Airline Industry and Payroll Support Program. So as an industry we received 25 billion to keep our employees in place for the next six months through the end of september 30th. Reporter on october 1st, there which will be layoffs. Industry expert estimate as third of that sector without jobs. Depends on demand and how deep those cuts go. The delta ceo says there will be restructuring of these Companies Going forward. He believes, as the feeling is, the vacation travel will come back first. Then the real moneymaker, the Business Travel will follow after that. Back to you. Connell all right. Edward lawrence live for us in washington. Melissa . Melissa reopening the u. S. Economy. All 50 states are now allowing nonessential businesses to operate in some capacity and the majority of states are allowing Retail Stores to reopen with capacity limits or Curbside Pickup but is it enough to lure local customers back . Were going to talk to one Small Business owner about his fight to stay afloat. Plus adapting to a new normal. School closures impacting at least 98,000 Public Schools and 34,000 private schools across the u. S. With only two states, montana and wyoming, that didnt close for the remainder of the academic year. Wow. So is this the future of education . Well talk to one superintendent of Public Schools about a path forward for students and how one university is going against the grain. Well be right back. Melissa the push to get back in the classroom while some closed universities are leery what is in store for the fall. The university of notre dame announces return of inperson classes for earlier start to the fall semester. This is becoming a trend. Grady trimble is in south bend, indiana, with the details. Grady . Reporter melissa, we dont know when the fighting Irish Football Team will hit the gridiron again but we do know students will return to the campus august 10. That is two weeks earlier before the semester was supposed to start so it wraps up before thanksgiving. When students get there there will be changes in place. Testing protocols and dorms and other facilities for those who test positive for the coronavirus. There will also be mask requirements and a Contact Tracing plan in place. There are not too many students on campus today. I talked to a couple of them. They told me, look, we adapted to the Online Learning thing but we really prefer inperson classes. It is a hassle, but part of what we should do to make sure everyone stays safe and healthy. Ive never done online before. I would much rather prefer in class experience. So a lot more personal. Reporter and heres a look at some of the other universities resuming inperson classes. The university of south carolina, university of north carolina, Rice University in texas as well as another indiana university, purdue. That decision to resume classes in person as much a Financial One as it is the academic one. Enrollment analysts, Analysts Expect a 15 decline in enrollment. That would result 23 lal lar loss revenue across universities in the united states. Universities and colleges generate more money when the students are on campus. They make more money on things like room and board. They dont have to worry about students asking for a partial refund because theyre only able to take Classes Online which obviously something weve seen this semester. Melissa . Melissa no. Were seeing it with private schools here in new york as well because now is the time you have to pay for the fall. Theyre saying we are going to come back and we might come back early, because they want to make sure, you feel like theyre worthy of your money. Grady, thank you. Appreciate it. Connell. Reporter yeah. Connell all right. That covers college. Lets talk about a little bit about k through 12 now. The governor of new york, andrew cuomo is still unsure what will happen to the schools in this state in the fall. Were joined by the superintendent of schools in the White Plains City School district in westchester county, new york, just north of the new york city city limits. You have to wait for the governor. You must be preparing a number of contingencies in the fall. Give me an example what youre talking about in your meetings . Connell, great to be with you. Big thank you to all the parents and guardians working through this challenge. Were working really hard. We have to plan for a lot of unfence but i will tell you when coming back toward the fall, looking to the fall we want our kids back. We know it will look different. We know we make adjustments how we operate but we need to get back in the classroom. Connell okay. So inperson is priority obviously for you. Is that k through 12 . Is it more likely, younger, older, how do you look at that . And then you have to prepare for something different. What will be the most, the biggest difference people notice once students come back in the fall . I think depending on what were facing in terms of numbers of folks who are sick and where we are in the phasing process in terms of were open, whether or not we come back facetoface with all of our students and sort of attend to how the profit of schooling works, in terms of physical distancing, hand washing, making sure were tracking, tracing, when we have students who are ill or Staff Members who are ill, those are some of the steps we can take. If we have a spike illness, we have to move back to Remote Learning scenario. We are trying to plan for number of contingencies depending on what the landscape looks like moving forward. Connell ready to go Remote Learning, i would assume pretty much right away. It was forced upon you this year. If it gets forced upon you next year what have you learned . What type of adjustments might you make to the Online Learning with the learning process you have gone through the end of this year . I think for example, about assessments which is difficult, especially put a passfail system in place. I assume you dont want that for next year. You want to give students some incentive and some way of assessing students, have you thought about that . We have and we know we have various modes of learning opportunities for kids, synchronous, real person, in time, video opportunities. We have to provide different types of assessments for children through Remote Learning platforms. Listen, 6yearolds will be approaching this a lot differently than 18yearolds. In the the k12 sector we have to have a lot of