Subcommittee will reconvene. Hearingthe most clunky ive ever participated in, let alone chaired and that is saying a lot for the United States senate, so i apologize for our way to our witnesses, but to all who are paying attention, how challenging it has been with the series of votes. Senator cantwell is next to question. Cantwell thank you for inviting a witness that is both in kansas ander a Washington State residents to boot. I do want to work with you on the manufacturing workforce workforce issue that you and senator warner introduced keeping the supply chain and aviation manufacturing. I appreciate this hearing and i know we are dealing with an increase in the number of cases and challenges we face. Im very proud our state has kept our rates of infections and hospitalizations down, and appreciate the ongoing efforts but im also impressed by the manufacturing efforts in our state. Everybody working together. Outdoor research converted one of its seattle facilities into making sur
Runs just under two hours. Good afternoon, everyone. Thank you for being with us, or being near us, at least in the technology since. I welcome all of you to todays hearing that weve entitled, examining the response to the covid19 pandemic. The subcommittee at the sound of the gavel will come to order. As the nation continues to fight the unprecedented Public Health crisis, americans worked to protect against further spread of the virus while trying to maintain a certain degree of normalcy, including maintaining a job and earning a paycheck. There is not a corner of the u. S. Economy that has not felt the impact of the pandemic todays discussion will talk about the harmful effects on the Manufacturing Sector. During this pandemic, many in the Manufacturing Community have adapted their operations to help provide products needed to prevent the spread of the virus. Distributionlesale company that pivoted to manufacturing face masks in response to a dire National Supply shortage, or a cart
Of fighting and being forced from their homes as aries, head back to rebuild their lives and revive their culture. Thank you for joining us. We begin with a Promising Development in the race to find a vaccine against corona virus. The u. K. Pharmaceutical company, astra zeneca and Oxford University say their vaccine is on average 70 percent effective. But depending on dosage, we can increase to 90 percent. At 2. 50, its the cheapest potential vaccine so far with no serious side effects. And it can be stored at normal french temperature for 6 months, making it easier to distribute. Last week, u. S. Based company modernists. It is the experimental vaccine had proved to be 94. 5 percent effective. It can be stored in a normal freezer for 6 months or fridge for 30 days earlier. Americas pfizer and germanys biotech said there vaccine is 95 percent effective, but it needs to be kept at specialists deep freeze temperatures. Pfizer has already asked u. S. Regulators to allow emergency use of i
Along the border with sudan is worsening, and u. S. President elect joe biden is set to announce his 1st cabinet appointments and tony blinken, a former Obama Administration official, is expected to be named secretary of state. An unschooled, the head of african football has been handed a 5 year ban a by the sports world governing body fifa. Ahmed ahmed was found guilty of financial misconduct following an investigation. Thank you very much for joining us. We begin this news hour with a promising breakthrough in the global race to find a vaccine for corona virus. Raising hopes of an end to the pandemic could be within reach the u. K. Pharmaceutical company, astra zeneca and the university of oxford have said they have caught a vaccine for the world. They say that on average have seen is 70 percent effective, but that may increase to 90 percent depending on the dosage at 2. 50 is the cheapest potential vaccine so far with no serious side effects. This is the 3rd Major Company to report
All of faang higher with names like paypal up 5 today. We have two bad final hours of trade over the last two sessions and we have sold off over the last couple of hours off the session highs as we stand. Ahead on todays show, well speak exclusively with Thomas Barkin on the heels of another massive jobless number why he says we may be at the bottom of the downturn he just said that on a podcast about an hour ago. Plus, former treasury secretary, jack lew, will join us to discuss the governments tuss efforts and whether cash is going to the right places and the countdown to another big afternoon of earnings. Uber, roku, dropbox and trip adviserme adviser. Well bring you all the numbers you need the know as soon as they hit were off the session highs. Dow high was 430 points. Up 206 just shy of a percent s p 500 and nasdaq still up more than lets focus on the big stories mike is tracking the market rally. Meg has the latest on moderna jumping on news surrounding its vaccine candidate, b