Chancellor unveils his 30 billion pound stimulus package. We will get reaction from the labour party, his counterpart joining us shortly. Life aliveds london, sitting in for francine in the early part of the program. The london market is the real laggard. Well. X in germany going s. A. P. s numbers certainly a big weight in the dax and a big help in those efforts. We do see a little bit of stalling in the risk on moves. We see some of the oil price moves, down by. 7 . Checking ino worth on. Angela merkel in brussels calling for a huge amount of cooperation needed to save europe from its current challenges. Lets get a first word news update. Morning. Global coronavirus cases have exceeded 12 million with the u. S. Now counting for more than a quarter of confirmed infections worldwide. California and texas are reporting a surge in cases. Says the fed president renewed threat is adding to pressure facing the economy. She says these numbers are troubling. Australia is suspending its extrad
Provider. Host this week on the communicators we are pleased to be joined by fcc commissioner michael oreilly, one of three republicans on the commission and our guest reporter this week is Margaret Harding magill of axials. Commissioner oreilly, last couple of months have been a challenge for everybody but especially for the communication industry. What has changed . Guest everyone is faced with different difficult circumstances from the covid pandemic. The Communication Network as a whole seems to be Holding Quite well. I dont like to promise anything or congratulate anybody too early but we will have to see if things hold but im pretty impressed with the way things are now. Everyones lives have been thrown in the air. Im being interviewed for my bedroom and yesterday i was in the nursery and i did a press conference from the girls room in the basement with toys everywhere. Everyones world is in a people and facing trouble and that is why most people have more difficult circumstances
Now more than 47 off the march low. The nasdaq closed at the record highs as well. This morning, seeing give back the dow indicated down by 345 points the s p indicated off 35 and the nasdaq off by 70 points. If youve been watching cha is happening with treasury yields, a lot happening. The 10year at 0. 82 we had been at 0. 9 . We had been at 0. 7 . We are seeing a little give back with oil prices seeing wti down just 0. 5 . We have another big show. Three squawk exclusive interviews taking place. Finding solutions for economic racial inequality. The highlight is ceo of e sen sur. And from barrons with a lot to say. Dick parsons will be joining us. A lot on tap thank you getting an update now on the reopening. Movie theaters in california can reopen on friday only if they obtain approval from county officials requiring imposing safe guards including limited attendance to 25 or 100 people, when whichever is lower. New york mayor bill de blasio is planning to make parts of manhattan, bus
Governments around the world. Her book is the information trade. Hi, everybody. Thank you for coming. I am the editor of the outlook section of the Washington Post which is our home for ideas and essays and criticism including Nonfiction Book coverage, and im very lucky and you are very lucky to be here tonight with alexis wichowski, who is the author of the information trade, how big tech conquerors, challenges rights and transforms the world. Can you hear me without the microphone . No. Okay. Can you hear me with the microphone . Also, know in the back. Yeah. Alexis wichowski is the deputy y cto of new york city where she runs basically the policy Experiment Lab trying to get the others to compete for who can devise the best programs to improve the social warfare of the citizens of new york. Shes an adjunct professor of the communications of Columbia University and spent a couple of decades studying the issues then as a member of the staff in the un mission, state department, and als
Eastern. Next, representatives from the faa and the national Highway Traffic Safety Administration join two assistant transportation secretaries to talk about new technology and government regulation. The Transportation Research board hosted this event. All right. Good afternoon, everybody. I hope youre all doing very well today. We are all very much excited to be here with you. On behalf of secretary elaine chao. To present to you on laying the foundation for advanced Transportation Technology. Ill let our panelists introduce themselves in a moment. We want to let you know we appreciate you. Youre a critical audience for us representing researchers and thinking that goes into laying the foundation for a lot of tho these advanced transportation technologies. Trv is a fantastic event. People who attend trv tend to be a wonkier crowd. Understand what were saying more times than not. Hearing from you helps inform everything were doing. Were very much looking forward to this panel today. W