Global news 24 hours a day on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. I am vonnie quinn. Welcome to Bloomberg Markets here are the top stories we are following. Covid vaccine in the ether again. Pfizer says a final analysis of the chemical trials data shows its vaccine was 95 effective. Free han the 90 previously. Michael stubblefield, ceo of of and later we will speak to the ceo of intact financial. It would be the biggest acquisition of a u. K. Listed company this year. A quick check of the markets. For the most part, not doing much. The s p 500 unchained. The 10 year yield under 88 basis points. Weakk dollar index a dollar index. We have a slightly smaller dollar. Investors keeping an eye on vaccine development. Tor provides materials for vaccine candidates. The president and ceo Michael Stubblefield joins us for more. Michael, you provide Raw Materials for most of these vaccines
Endorsed and repeated. 11 republicans chose to cross the aisle to join the democrats. Here they are in Ejecting Greene from those committees which essentially sends her into a kind of legislative exile. In remarks on the house floor this afternoon, greene apologized for none of it. She expressed regret for her comments and said she, quote, stumbled into qanon after doubting media reports. The problem with that is, though, i was allowed to believe things that werent true. You see, School Shootings are absolutely real, 9 11 absolutely happened. I never once said any of the things that i am being accused of today during my campaign, i never said any of these things since i have been elected for congress. These were words of the past. Shall we stay divided like this . Will we allow the media that is just as guilty as qanon of presenting truth and lies to divide us . Here for the record the briefest reminder of some of greenes Greatest Hits that led to todays vote. Any americans are like bl
Billions of dollars of rescue loans are now flowing to americas Small Businesses but what about the hundreds of millions of americans who are not Small Business owners . They are waiting on promised checks. How long will it take for the irs to print them . The man who would know, mark everson. The 46th commissioner of the irs joins us in a fox business exclusive. We have a lot of questions to ask him for you. As the race for a cure frantically continues, jacob glanfield, star scientist of pandemic is back to share a breakthrough first on fox business. Its breaking news on his therapy to stop covid19 in its tracks. You will be the first to hear it. As people around the globe gear up to work from home, computer and Equipment Sales numbers are going absolutely through the roof. We are going to talk to the micron ceo about outfitting all those products with his semiconductors. The rare move Warren Buffett just made thats sending a warning to anyone thinking about buying airline stocks. Les
Disproportionately are the ones testing positive in the state of california. Governor went on to say shelter at home will continue to be guarded for the next six to eight weeks. In the past 30 minutes we learned San Francisco recorded its first death a man in his 40s with significant Underlying Health conditions. And we learned a San Francisco Police Sergeant did test positive for covid19. The Department Says officers who worked along side him are now in self quarantine. And some of the numbers weesk been working with from china to italy with the rate doubling every week. Across the bay area there are nearly 1,000 cases as of this hour, reported cases. Making it in the bay. Thats tripthal amount we had this time last week. 358. Our skyhigh rent is still relatively sky high. So, in a matter of a week we tripled. But since the pandemic prices are coming down a bit. State wide more than 2100 cases. Rent is dropping. Take a look at the numbers. The majority of them in the 18 to 49 range. A
Playbooks. And jon najarian is tracking the market for opportunity Halftime Report starts right now. Good to have you with us on this thursday. Your Investment Committee on boxing day no sparring. I know, a different thing. Lets begin with that market milestone, the nasdaq hitting 9,000 for the first time ever. He joe, i local feel like this is the fomo rally, feerp of m ff missing out. Is it sustainable when i the calendar flips over . I think it is for the month of january why not wait and see what earnings will look like before we moderate the rate of appreciation as you move into february and march and the reality of a looming election maybe takes the market and presents it as a pause but you mentioned boxing day remember, this all began one day ago on boxing day, you had the dow jones up over 1,000, you had the nasdaq up over 5. 5 . It began there it followed into the january 2019 with the tremendous pivot from the Federal Reserve and i think that that has been the story that has