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Deal. No let up in germany. Angela merkel ruled out further loosening of measures after europes largest economy records the biggest spike in cases in four months. Asian stocks trade mixed following a fresh record on wall street. European futures point to a positive open. Good morning, everybody. Welcome to the program this wednesday morning. Lets have a look at terms of breaking news. Notes coming through mace maersk. The fullyear numbers, 6,000,000,0007,000,000,000. This is new guidance coming through. That is interesting in itself. The guidance we previously had in the year had been withdrawn by this business which operates 20 of the world container fleet. They are giving us this new guidance here. Looking at the underlying profit numbers for the second quarter. This is the backward looking part of it. The underlying profit data is 359 million dollars. They have done better than the estimates. We will be speaking into the management of maersk later on in programming. We have u. K. Ct ....
So were keeping a close eye on that. We have David Rubenstein joining us from the carlyle group. He has a great book out about Technology Giants who lose their worth after they get over a billion. It is gravy apparently after that according to him. Well get the latest on new york city. We know the possibility restaurants there will be closed through the end of the year. Now word that schools will open up but not for another couple weeks. It was supposed to happen by the 10th. Now pushed back to the 20 first. Even that looks kind of dicey. The big apple and all the problems apparently cant stop. It feeds on itself. Back to the major story, the lead story, the president of the United States going to kenosha, wisconsin. Normally president s when they hear local leaders are complaining they dont want to see them they bac ....
The Economic Club of new york is one of the nations leading nonpartisan forums for discussions on economic, social and political issues. This mission is as important today as we people together as a catalyst for conversation and innovation. We probably stand with our committees seeking inclusion and mutual understanding. Special welcome to guess of our members and lives of the Economic Clubs at chicago and washington d. C. Wouldve also been invited to join the webinar today as well as members of the Economic Clubs 2020 last the fellows. Before i began i would get like to thank our healthcare workers and our other frontline workers for all you do come particularly during these challenging times to keep us healthy and safe. Im not a letterworn in as the 25th commissioner of of food and drug on 2019. Dr. Hahn is a dedicated cl ....
Good afternoon. All here today to a hearing entitled acting americans from covid19 scams protecting americans from covid19 scams. The nation continues to fight the Health Crisis brought on by the covid19 pandemic. In addition to the threat this pandemic poses to americans, the Economic Impact resulting from responsible Public Health protocols have been felt in every corner of the country. It has become clear that preventing practices and dedicated resources including expanding testing capability and the availability of personal protective equipment are absolute necessities to a responsible path forward in extinguishing this Health Crisis. However, during this time of National Emergency and coordinated recover ....