Lets say business incredible india was always the marketing slogan in this case an incredibly woeful performance and record slump for indias economy 24 percent drop in the 2nd quarter much much worse than full cost the same story playing out around the world strict lockdowns to contain the growth the driven down spending but things were looking good for india before the crisis it was the worlds Fastest Growing bigger economy until a few years ago alice to predict 1st year decline this is 1900. Is executive director an asia pacific chief economist at i. H. S. Market just how bad was the economy before the crisis hit. The Indian Economy had been moderating over the last 18 months momentum had slowed considerably but it was still growing at a positive pace so what has happened since the pandemic really escalated in india is that the government put in very severe low measures. Many other countries have done all around the world and as a result of the severe lock down Industrial Production
Not a word of antifa and he took no questions at all. The president leaves the white house at 10 00 oclock hour, he may take questions. Companies giving us financial drama. Look at this, zoom, lockdown winners, huge increase in profit and the stock up to the races. 120 bucks. Walmart, two developments there. Deal for tic tac may tiktok fairly soon and delivery soon with amazon. Watch the stock go 2 and a half per can he be the. The dow looks like its going to be down today, the s p slight move at the opening bell and the nasdaq, although tech stocks doing very well again, the nasdaq up 70 points premarket. Big day, Varney Company is about to begin. The best stock market dow in 36 years and its very interesting, so people are very happy with their 401ks and stocks that they have and thats a tremendous achievement best in 36 years. Stuart yeah, a lot of bad performance. The president talking about the economic recovery, nasdaq closed at another record high. More on all of this a little b
Twist. Walmart teaming up with microsoft in a bid for the popular social media app both stocks rallying to new alltime highs on this news. Julia boorstin has the details. The news keeps coming on this one. Reuters just reporting tiktok engineers were told to make contingency plans should it need to shut down u. S. Operations they are preparing for various scenarios including a forced shutdown telling us they are simultaneously developing plans to make sure u. S. Employees continue to get paid on the heels of any outcome. Walmart is teaming up with microsoft to buy tiktok. Walmart telling us, quote, we believe a potential relationship with tiktok u. S. In partnership with microsoft could add this key functionality and provide walmart with an important way for us to reach and serve omni channel customers as well as grow our Third Party Marketplace and advertising businesses dan ives tells us, quote, we believe microsoft buying ticktoticktok would be like Christmas Morning coming early fo
Minneapolis, mourners have been paying tribute to floyds memory. The public viewing in houston coincides with a couple of things. One, a Court Appearance with the man accused of murdering him and a roundtable discussion thats about to kick off right now at the white house between President Trump and Law Enforcement officials from local, state and federal levels. This just hours after democrats unveiled a Sweeping Police Reform bill. We are going to take you to the white house when the president speaks but we have it all covered today along with two powerful guests. Morehouse College President david thomas, he taught at Harvard Business school and is here to answer not just the question has Corporate America failed black america, but how to fix that starting today. Plus, former Democratic National Committee Chair Donna Brazile joins us on the impact of the race issue on the 2020 president ial race. The customer amazon jeff bezos says hes happy to lose. And wait until you see the ceiling
If its twisted im good to go. Liz good to see you. Thank you so much. Breaking news on this monday we could be 59 minutes away from finally finding out if cbs news, mtv and paramount plus maybe are a step closer to a new owner, paramount that controls the entertainment names and so much more reports earnings after the bell and months of speculation it appears there is a rush to make some kind of announcement involving sale to the spy dance. Three to half those are still well off annual highs when you look at it at 12. 33. The annual high 24, will common shareholders be left holding the bag or is a better deal the works . Charlie gasparino is working the phones. He will come up in just a few minutes. After a riproaring week with s p and nasdaq enjoyed the best performance this entire year we have stocks back at the green on this monday, Dow Jones Industrial 79 points, the s p gaining about three lets say the nasdaq will come ten points to the upside, the russell 2000 up 11 points. To th