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A quick goodbye. Thank you for starting Sunday Morning with us. Velshi continues our coverage. Good morning, ali. Good morning. A little how the sausage is made for the audience. While you were talking in your last segment, we thought we might have a little technical problem talking to our first guest and our first instinct is, get one of the weekend folks. I dont even know, you probably dont know what happened because it came and went and everything is solved. What would have happened is they wouldve come into the studio with michael or simone or both need to state. Which one is it going to be. I am there for you. There you go, i appreciate you all. Have yourselves a great rest of your day. And we will see you later in the week. Velshi starts now. Good morning, to Sunday October 6. It is 30 days until Election Day and as ....
Essential work of the American People. And they are depending on us to do it in the safest way possible. Responding to the coronavirus continues to be the top of the agenda. Last week we held a number of coronavirus related hearings including a hearing on coronavirus testing and a hearing on the impacts pandemic this is had on the airline industry. When people think about what the senate does, they tend to think about voting on bills and debating on the floor. The truth is, Committee Work i should say some of the most important work that we do here in washington. Committees are where we review not only qualifications, hear from experts in various fields and conduct oversight of essential programs. The work we can do in our Committee Meetings will inform any future coronavirus legislation we might consider. This week ....
Well, ceo of farr, miller, and washington hope everybody is doing well lets check on the markets today. Give you a look at what stocks are doing this hour. 2. 66 down for the dow nasdaq still down 2 and the russell seems to be either the outperformer on the upside or the down side and that is where we find ourselves today. So steve weiss, let me turn to you as we begin our debate on stocks today i is a uh you said earlier today in a note that youre surprised that were down as much as we are today. Why . Well, you know, none of the news dish mean, the numbers were new and maybe slaps you in the face when you see them versus what your expectation is, so the reality sometimes takes you lower. Look, we have so many pundits and strategists come out and say, im so bullish now or im more optimistic, et cetera it brought some weak hands into the market im not surprised that weve sold off a little bit. Thats the kind of market were in but im surprised we took it down this much however, if you l ....
Recognized the importance of the Airline Business and our retaining Critical Service and keeping our team employed. Its extremely important and great news. Doug, you already said you plan to apply for a loan from the Treasury Department in the over 25 billion bucket thats been set aside for the Airline Industry beyond that, do you expect to have to borrow more in the months ahead from the private market in order to continue to fund the operations the way you want to have them funded thats unclear, phil. It depends so much on how demand recovers, when demand recovers and how quickly. What i know is this, we as an industry asked the federal government for 50 billion of assistance, thats what we got, 50 billion of the assistance. Thats what we believe we nee ....
Good friday morning. Welcome to squawk alley. Carl quintanilla with jon fortt at post nine of the New York Stock Exchange morgan has the morning off were going to start this morning with apple, with the companys latest slate of iphones hitting shelves this morning. Josh lipton is at the apple store in San Francisco where i think theyre just opening, right, josh . Reporter thats correct, carl were here at one of Apples Stores in San Francisco. Doors are just opening i will step out of the way so you can check it out three new iphones officially hitting shelves today, carl. Faster processor, longer lasting battery, better camera, the toughest glass in a smart phone, not just an iphone, but smart phone, period, according to the company. The big question for our a ....