Also jay powell making comments that added to some of this those who have been under such pressure, those stocks were the ones that were the biggest rebounders disney up more than 7 banks were up across the board wells fargo up by 8 bank of america and citigroup up jp morgan up mgm resorts up 10. 5 carnival up 15 . Airlines each up 13 all of those gains coming as there is hope there will be some time those stocks can get become to normal and people will feel comfortable. Thats the early trade also lets look at whats been happening i thought theme parks disney and comcast which is over 2 pretty big gain. Who knows whether it is displaced but it was on hopes of normalcy i dont think it is only moderna we are talking about there is four or five real pharmaceutical Companies Working on it. So just the potential you get and other data point where they say someone else has the success to we dont know what technique i dont know if it is mrna pfizer is working on the mrna technique as well. I
And books. Com gives your email address will send you emails about everything that was on dislocation and or other locations. I dont often if youve been down to Coconut Grove recently given his store down there another wentworth dimensioning down at the adrian art center we have on january 26 at 630 isabella will be joining us thats available at the art center. Org any number of wonderful events you can visit us here we do farm to table dinners, podcast with a lot of authors that their owner and Founder Mitchell Kaplan you can only do that by accessing the webpage. So please visit us there. We are very happy to have this evening mr. Christopher knowlton. Bubble in the sun the florida boom and how it brought on the Great Depression. So its our fault. I thought there Something Else involved. Christopher knowlton is a former staff writer and london magazine he spent much time in the Investment Business as previous book was cattle kingdom the Hidden History of the cowboy west, please give
Chp was on scene, they just now towed the two pickup trucks that were involved out of the area and it is a reminder to take it easy out there this morning. Meanwhile, chp also investigating that overnight fatal collision, that fatal crash. At this point chp has not confirmed rain was a factor in that crash either. Here are the details on that. A big rig crashed here after 10 00 last night on highway 101 just north of san pedro road. The chp says the big rig slammed into the Center Divide and then caught fire. Chp reported that fire was coming from the front and rear of that big rig, by 10 35 a sigalert had been issued because all northbound lanes were blocked along with three southbound lanes. Now, at this point no word on the identity of the person who was killed in that crash. That sigalert cancelled at 3 30 as all lanes of 101 were reopened. Now, we are hearing that a caltrans crew is expected out here between 7 00 and 9 30 this morning to begin repair work on that Center Divide. By
And spain and france. Strong gains across europe. And look at crude, which is set for weekly gains, up by 1. 25 on the week. Showing just about that gain today. We got surprising inventory builds yesterday. Traders seem to be taking in stride. The u. S. Treasury department issuing final rules to crack down on those tax inversions. Thats when a company is acquired by a smaller foreign business in a low tax country to avoid paying the higher u. S. Corporate tax rate. The new rules crack down on earnings stripping when the u. S. Subsidiary avoids taxes on domestic operations by sending them overseas as tax deductible payments. Got that . Sara eisen does. This is clearly becoming a signature issue for the treasury secretary, for this administration. And what he issued yesterday were new rules to crack down on tax avoiding companies. This earnings stripping strategy, its a common practice by inverted companies, they use the u. S. Subsidiary to issue loans from the Foreign Company that are t
Thank you supervisor. Supervisor farrell just to be clear there wont be kit cat bars in the machines. To quote my colleague you can get the candy before you get here in the morning. Now were doing this. Supervisor peskin youre recognized. There are no shortage around the area and i appreciate what supervisor farrell says about the children visiting but there are adults that can make their own choices of foods to consume and i for one believe we should believe able to get a candy bar out of the vending machine. Thank you supervisor peskin. Seeing no other names on the roster madam clerk on item 18 please call the roll. Supervisor peskin. No. Supervisor tang. Aye. Supervisor wiener. Aye. Supervisor yee. Aye. Supervisor avalos. Maybe aye. Supervisor breed. A very, very hesitant aye. Supervisor campos. Aye. Supervisor cohen. Anesthesiatic aye. Supervisor farrell. Aye. Supervisor kim. Aye. Supervisor mar. Aye. There are ten ayes and one no with supervisor peskin in dissent. [gavel] the ordi