AFN News December 17

 

ABC NEWS  DECEMBER 17, 2020

                        

1)             From ABC News, I am Michelle Franzen.  Another vaccine in the pipeline waiting for emergency use approval, and the first authorized vaccine by Pfizer been rolled out to more high-risk groups like healthcare workers and nursing home residents around the country.  Today a report, though, of one person having an adverse reaction; “About 10 minutes after a healthcare worker in Juneau got the vaccine, she began showing signs of reaction.  Doctors in Alaska saying she has no history of allergies.  She was flush, had a rapid heart beating, shortness of breath.  Dr. Lindy Jones is an ER doctor who treated her; ‘And she had a red, flushed rash over her face and torso.’  She was transferred to the ICU, where she is now recovering.  The CDC has said a small number of people may have reaction to the vaccine.  Alex Stone, ABC News.”

 

2)             Hope and pain going hand in hand right now in the outbreak.  Vaccine still cannot help the more than 113,000 Americans hospitalized nationwide.  California in the past 24 hours reporting nearly 54,000 new cases and 293 deaths.  Los Angeles County alone accounting for 131 of those deaths.  ABC’s McGovern is in Burbank with frontline workers; “14-16.”  “As confidence seen in Joseph Medical Center in Burbank, COID nurses are huddling before a shift.”  ‘I want you guys to all shift your mindset to disaster mode.’  A call being repeated across the country with nearly 1/3 of all hospitals saying their IC uses are 80% full.”

 

3)             Today President-elect Joe Biden nominating former South Bend Mayor and rival Pete Buttigieg as his transportation secretary.  Biden says he’ll focus on him for structure and climate change; “Pete’s going to help build back better with jobs and hope, with vision and execution, and I am honored, I am honored he’s answering the call to serve his country once again.”  Veteran would become the first to open the gay person to lead the department if confirmed.  You’re listening to ABC News.

 

 

4-1)  I’m Marie Sminadie and this is the Fox Business report.

      “Stocks closing mixed with the Nasdaq notching yet another record close as investors with a stimulus deal and after the Federal Reserve vowed to keep monetary policy accommodative through super low interest rates and asset purchases       economy makes substantial future progress.  The Dow winners today; Home Depot, 3M, Salesforce.  The decliners; Niki, Caterpillar and Boeing.  Take a look at Wall Street by the numbers, the Dow down 45 points, the Nasdaq, though, up 53, S&P also up 7.

 

4-2)  Retail sales were down 1.1% in November as consumers hold back on purchases in limited Christmas holiday shopping as the pandemic triggers new business restrictions.  Decline marks  the first months of    drop since April.

 

4-3)  Shares of the drug maker Moderna falling nearly 7%, on a downgrade from Wall Street Palm Jeffrey’s.

That’s your Fox Business report.  I’m Tom Gram, invested in you.”

AFN News December 10

 

ABC NEWS  DECEMBER 10, 2020

                        

1)             From ABC News, I am Michelle Franzen.  A COVID vaccine from Pfizer will be reviewed tomorrow by the FDA.  It could be the start of the US turning the corner in this pandemic.  Colorado’s Governor Jared Polis, one of the many state leaders anticipating the first doses once approved; “And we’re ready.  Last week we got confirmation that Colorado’s first allocation should be 46,800 doses of the Pfizer vaccine.” 

 

2)             But heath experts are warning that the initial round will not help the surge of cases and hospitalizations playing out now nationwide.  California has stay-at-home orders.  The state topping 30,000 cases in just the past day.

 

3)             The House approved the one-week funding bill to avert a government shutdown just moments ago.  It moves on now to the Senate.  It will also give lawmakers some time to strike a deal on a new COVID relief package remaining benefits under the CARES Act expired at the end of this year.

 

4)             President-elect Joe Biden formerly named his choice for defense secretary.  “Retired General Lloyd Austin understands he will no longer be in armed forces enlisted member, but a civilian, answering to the president and the voters, ‘with a deep appreciation, and reverence for the prevailing wisdom of civilian control of our military’.  General Austin used to first as an African American, and if confirmed, becoming the nation’s only black defense secretary.  Andy Field, ABC News, Washington.”

 

5)             The federal government and nearly every state hitting Facebook with lawsuits.  “The Federal Trade Commission asked a judge to order Facebook to divest its Instagram and WhatsApp services to restore competition to social networking.  ‘It’s really critically important that again we block this predatory acquisition of companies’; New York Attorney General Tish (Letitia) James and 45 other state attorneys general filed a related lawsuit that accused Facebook of abusing its market power to crash rivals.  ‘By restoring competition of lawsuits, we hope consumers have alternatives to Facebook.’  Facebook said the government cleared its acquisitions years ago, and now wants to do-over.”  You’re listening to ABC News.

 

 

6-1)  I’m Connell McShane.  This is the Fox Business report.

      “Stocks finishing lower as investors away progress on a fresh economic stimulus deal at Washington.  Big tech companies among the biggest laggers, drugging down the tech heavy Nasdaq.  The Dow winners; Home Depot, 3M, Goldman Sachs.  The decliners; Apple, Boeing, Salesforce.  On Wall Street by the numbers, the Dow finishing off 109, the Nasdaq down 244, while the S&P is down 30.

 

6-2)  Shares of DoorDash surging on the first day of trading on Wall Street after the food delivery company completed one of the biggest initial public offerings for the year.  The company closing in 187 bucks, which is over 83% up from the IPO price.

 

6-3)  Facebook stock falling 2%.  The company was hit with lawsuits from (for) Federal Trade Commission in 48 states.  They claim the social media giant is committing anti-competitive acts that put its rivals out of business.

That’s your Fox Business report.  I’m Tom Gram, invested in you.”

AFN News December 3

 

AFN NEWS

Thursday, December 3, 2020

 

1) From ABC News, I’m Chuck Sivertsen. Not a moment too soon, Britain has approved Pfizer’s coronavirus vaccine. An American official said the FDA will do so also in the U.S. next week. This as CDC director Robert Redfield says before any large-scale inoculations are available. “We are facing what he calls dark days this month, next month, and in February with lots more deaths.” “We’re potentially looking at, you know, another 150,000 to 200,000 people before we get into February. So, this is really a significant time,” Dr. Redfield at a Chamber of Commerce online event, encouraging everyone to get vaccinated. President Obama, “If Anthony Fauci tells me this vaccine is safe and can vaccinate, immunize you from getting COVID, absolutely I’m gonna take it.”

2) There seems to be some more interests in Washington on passing COVID relief before lawmakers go home for the holidays. President-elect Joe Biden talking online with small business owners about the help they need. “House Democratic leader Steny Hoyer speaking with Senet Majority Leader Mitch McConnell today about next week’s schedule. The two being in agreement that legislative business should conclude by next Thursday to give members enough time to head home in quarantine before the Christmas holidays.” ABC’s Alex Fussey.

3) Last night on Twitter, the President threatened to veto billions in military spending. “If the President vetoes the defense spending bill, it could stop more than a million service members from getting their paycheck, but the President claims he will do that unless Congress removes social-media liability protections that he’s upset about when they censor him. Reporters asking Spokesperson Kayleigh McEnany about it. ‘Yes, the President is serious about it.’ Mr. Trump also threatening the defense veto if congress tries removing military base Confederate war names. Andy Field, ABC News, Washington.

4) Pittsburg Steelers - Baltimore Ravens playing today with COVID-caused absences, four in the Steelers and over dozen players in the Ravens. You’re listening to ABC News.

……………………………………………………………..

I’m Connell McShane. This is the Fox Business Report.

Stocks finishing mixed with the S&P 500 notching a new record close on COVID-19 vaccine optimism. The Dow winners; Boeing, Goldman Sachs and UnitedHealth. The Dow decliners; Salesforce, McDonald’s and Home Depot. The Dow rising 60 points, the Nasdaq down 6, S&P 500 up 7. // And more troubles brewing on the high season: Norwegian cruise Lines said they it will extend suspension of all cruises until at least the beginning of March 2021. // And the U.K. has granted emergency use authorization for Pfizer and BioNTech COVID-19 vaccine and could begin distribution to the most vulnerable populations in a matter of days. // And Salesforce, one of the Dow’s biggest losers today, its stocks tumbling 9% after the cloud computing company confirmed that it has agreed to buy work tool software pioneer Slack Technologies for $27.7 billion.

That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.

                                                       

AFN NEWS November 26

 

AFN NEWS

Thursday, November 26, 2020

1) From ABC News, I’m Michelle Franzen. It’s 2020 but 2016 is on the President’s agenda issuing a pardon for his former National Security Adviser Michael Flynn. “The President tweeting it’s his honor to grant General Michael Flynn a full pardon. Flynn is the National Security adviser who pledged guilty to lying to the FBI about contact with Russia and discussing sanctions before President Trump took office. General Flynn also admitted to violating foreign lobbying laws on behalf of Turkey. President Trump tweeting, ‘Congratulations to General Flynn and his wonderful family,’ and that he will now have a truly fantastic Thanksgiving.” ABC’s Andy Field.

 

2) The President has not conceded this election year’s race. The Biden transition moving ahead. Joe Biden scheduled to receive his first intelligence briefing next week, and on this Thanksgiving eve, Biden focusing on the challenges for the country in this pandemic and loss. President-elect Joe Biden with a heartfelt Thanksgiving message to Americans who’ve lost a loved one. “For those who’ve lost a loved one, I know that this time of year can be especially difficult. Believe me, I know.” Biden lost his first wife and baby in car crash and his son Beau to cancer. The President-elect also uses his Thanksgiving address to reassure Americans that America would win the war against COVID-19 and urged the public not to give in to COVID fatigue. __ __, ABC News, Washington.

 

3) Coronavirus cases surging nationwide with 88,000 Americans hospitalized yesterday. And 778,000 Americans filed for unemployment benefits last week. Around the country, the number of those facing food insecurity is on the rise. Ryan Michelle and his wife relying on food banks for the first time in their lives. “It’s not bad when you think about, during the depression what all the people got was a bowl of soup, you know. I think, you know, we’re doing much better, you know, today.” You’re listening to ABC News.

 

……………………………………………………………..

I’m Charles Payne and this is the Fox Business Report.

Wall Street closing mostly lower, getting back some gains from Tuesday’s record-setting climb. The Nasdaq now did hit a new record closing high. The Dow Jones Industrials slipping below the 30,000 mark just a day after crossing that milestone for the first time ever. Wall Street by the numbers today. The Dow down 174 points, the S&P 500 slipped 6, but the Nasdaq did manage to climb to a new record high, up 58 points to 12,094. // Economic news; the second of three estimates on U.S. growth for the July-September quarter is unchanged, a record pace of 33.1%. The number of Americans applying for unemployment benefits rose by 30,000 last week, 778,000 second straight weekly rise. Commerce Department reports a sluggish half percent rise in consumer spending last month and it’s the weakest rise since April.

That’s your Fox Business Report. I’m Tom Graham, invested in you.

                                                       

AFN News November 19

 

AFN NEWS

Thursday, November 19, 2020

 

1) From ABC News, I’m Michelle Franzen. On track, Georgia election officials say they are nearly finished with its audit hand count of some 5 million ballots, the deadline tonight. The state’s voting system implementation manager Gabriel Sterling. “So, we are still in good shape on getting to our intention, which was to meet the midnight tonight deadline, now obviously and that backtrack of 21 counties. They are some of the biggest counties.” President-elect Joe Biden retaining the lead in the state.

 

2) The Trump campaign continuing to launch legal challenges, the latest in Wisconsin asking and paying to have recounts in Milwaukee and Dane counties. It comes a day after Republican delegates in Michigan’s Wayne County which includes the city of Detroit tried to hold back on certifying votes for that county, then, backtracked. ABC’s political director Rick Klein tells us the campaign is looking at Democratic strongholds. “If you look at how the Trump campaign and Republicans generally are targeting areas, they are raising questions about. It is overwhelmingly Black communities.” Biden leads in Michigan also by 20,000 votes, Wisconsin by 20,000 votes.

 

2) Coronavirus cases raging across states. The Florida Health Department reports cases now topped 900,000. A course of health experts and state leaders urging Americans to scale back or postpone large gatherings for the holidays even with word that two vaccines are on the horizon. “HHS says they expect to begin distributing a vaccine within 24 hours of approval as it’s been preparing stockpiles of vaccine candidate in anticipation. HHS Secretary Alex Azar says the federal government has also been working with states, territories and major cities to make the vaccine accessible. ‘The ultimate goal here is to make getting a COVID-19 vaccine as convenient as getting a flu shot.’ He says they are also partnering with nationwide pharmacy chains and networks as well as nursing homes to allow them to administer the vaccine.” ABC’s Mark Remillard reporting. You’re listening to ABC News.

……………………………………………………………..

I’m Connell McShane. This is the Fox Business Report.  

Stocks reversing course from earlier gains, and losing steams in the final-hour of trading on worries about rising coronavirus cases and lockdown restriction, which overshadowed positive developments on the coronavirus vaccine front. Healthcare, energy, utilities among the biggest laggers. The Dow winners; Caterpillar, Goldman Sachs and Salesforce. The Dow decliners; UnitedHealth and Boeing. Take a look at Wall Street by the numbers. The Dow finishing off 346 points, the Nasdaq down 98, while the S&P was down 42. Lowe’s sales surging in the third quarter. People took on projects at home during the pandemic. Relevant stocks fell 8% today. Some encouraging news on the housing front; home building increasing nearly 5% in October, more than expected as the housing market continues to be driven by record low mortgage rates.

That’s your Fox Business Report. I’m Tom Graham, invested in you.

AFN News November 12

 

AFN NEWS

Thursday, November 12, 2020

1) From ABC News, I’m Michelle Franzen. The nation at a turning point and in limbo; the vote continuing in undecided states with Joe Biden leading and the electoral votes showing him the apparent president-elect. President Trump and his campaign moving forward with more lawsuits. Courts so far dismissed previous lawsuits and decided there was no evidence of voter fraud. “What is happening right now is unprecedented. President Trump not conceding, his administration not helping the Biden team transition into the White House. Experts say this is a very dangerous time for the country. Sources close to President Trump say he knows this race is over. He knows he will not be able to overturn the results in court, but it’s unclear how long it will take for him to concede. Karen Travers, ABC News, Washington.” In Georgia, election officials announcing they will conduct a full audit and hand count of the election results there.

 

2) The coronavirus crisis out of control on the cast of the holiday. Cases surging nationwide, states like North Dakota reporting hospitals are full or nearly full. “As of today, new COVID-19 cases are rising in every state, plus Washington, D.C., Puerto Rico, and Guam, according to the COVID tracking project. Positivity rates are increasing in 36 states, hospitalizations are up in 43 states and deaths are increasing in 27. Infectious disease specialist Dr. John Brownstein, ‘One of the worst periods of this pandemic ever since is surging in the Northeast,’ Alex Stone, ABC News.”

 

3) Challenges in this pandemic for those who served and sacrificed during peace and war time, Veterans Day parade and ceremonies curtailed are held virtually today. President Trump and Vice President Mike Pence at Arlington National honoring military members there. The President participating in a wreath ceremony at the Tomb of the Unknown Soldier. President-elect Joe Biden, meantime, in Philadelphia at a ceremony, laid a wreath at the Korean War Memorial. You’re listening to ABC News.

……………………………………………………………..

I’m M_ S__ and this is the Fox Business Report.

Stocks finishing mixed with technology stocks are rising after lagging earlier this week on signs that a COVID-19 vaccine raised hopes for a faster-than-expected-economic rebound and many of us getting out of our homes. With the Dow winners; McDonald’s, Salesforce, Microsoft. The decliners; American Express, Honeywell and Disney. Delta Airlines, Royal Caribbean along with several other travel stocks jumped sharply earlier in the week, pulling back some today. Take a look at Wall Street by the numbers. The Dow down 21 points, Nasdaq up 233, the S&P also declined 77. Lyft shares rising up 1%. The ride-hailing company’s quarterly revenue with a number of active riders are also climbing as lockdowns eased in several major cities. Alibaba’s stocks closing slightly lower. Chinese market regulators drafted anti-monopoly guidelines targeted digital platforms.

That’s your Fox Business Report. I’m Tom Graham, invested in you.

                                                       

AFN News November 5

 

AFN NEWS

Thursday, November 5, 2020

 

1) From ABC News, I’m Daria Albinger. Your voice, your vote. Almost 24 hours after the first polls closed in the 2020 election. ABC News is projecting Democratic presidential nominee Joe Biden will win Michigan. Former Vice President speaking to supporters not too long ago. “And now, after a long night of counting, it’s clear that we’re winning enough states to reach 270 electoral votes needed to win the presidency.” Biden is also ahead in Wisconsin. ABC’s Alex Perez says the Trump campaign has requested recount. “The margin here is so small only about half a percent. That means it does in fact qualify for a recount that the Trump campaign has made. It’s clear that that is what they are going to ask for.” The President campaign filing suit in Michigan. “Trump campaign manager Bill Stepien in a statement writing quote, ‘President Trump campaign has not been provided with meaningful access to numerous counting locations to observe the opening of ballots and the counting process as guaranteed by Michigan law, adding that the campaign has filed suit to halt counting until access is granted, also demanding a review of ballots that were already opened and counted. Lionel Moise, ABC News.”

 

2) The Trump campaign is also declaring victory in Pennsylvania. That’s even though they’re still counting ballots in the Keystone State. “The votes totalized gone up to about 82%. Joe Biden continues to chip away just a little bit, and Donald Trump’s lead now turned to about 6.5 or 7% and every time a new chunk of votes is released. That lead seems to dwindle about 20 or 30,000 votes, though President Trump is still winning by a nose of 400,000 votes right now.” ABC’s Trevor Ault in Harrisburg, Pennsylvania.

 

3) Democrats will continue to control the House but Republicans have picked up at least 7 seats. Senate’s still on play. Republicans will hold on to one more seat though, Maine’s Susan Collins. You’re listening to ABC News.

……………………………………………………………..

I’m Connell McShane. This is the Fox Business Report.                                                        

Even though the presidential race still remains undecided, investors are in a buy mood today. Stocks closing higher for the third straight session. Among the gainers today, big tech, healthcare companies while financials and industrials are lagging. The Dow winners; Microsoft and Salesforce. The decliners; Caterpillar, JPMorgan Chase and 3M. Take a look at Wall Street by the numbers. The Dow up 370, the Nasdaq up 430 points, the S&P 500 closed up 74. // And a good day on Wall Street for ride-sharing companies. Shares of Uber Lyft surging up as the California voters widely approved Proposition 22. That’s the measure that allows gig economy companies to continue to classify drivers as contractors rather than employees. // And Hattrick Sports betting company; shares of DraftKings and Penn Gaming jumping after voters in Maryland, Louisiana and South Dakota all passed for betting ballot measures.

That’s your Fox Business Report. I’m Tom Graham, invested in you.          

AFN News October 29

 

AFN NEWS

Thursday, October 29, 2020

 

1) From ABC News, I’m Daria Albinger. Hurricane Zeta has made landfall along the Louisiana coast, the latest storm to slam the region. The Category 2 hurricane with 110 m.p.h. winds and the storm surged up at least 11 feet. Gov. John Bel Edwards, “One of the good things about this storm, if there is such a thing as a good thing about the storm, is its forward speed, for means that that’s not going to just sit there and pound for hour after hour and it should move through the area relatively quickly.” And because of that tropical storm, warnings are now in effect along the Gulf Coast and inland into the Carolinas and Virginia.

2) Six days to the election, President Trump holding rallies in Arizona and attacking on the latest poll. “ABC, Washington Post, they’re fakes. Trump 17 down in Wisconsin, 17. Think of it. Think of it. And they tried to do it last time four years ago, too, and that didn’t work out too well.”

3) Democrat Joe Biden voted in his home state of Delaware and criticized the way the President handled COVID-19. “This country can’t afford four more years of the president who thinks he’s only responsible for the wellbeing of the people who voted for him.” More than 75 million ballots have already been cast.

4) Former Department of Homeland Security chief of staff Miles Taylor says he penned that explosive anti-Trump op-ed and book. “Another anonymous op-ed was published in September 2018. It seemed to consume President Trump. He suggested the piece amounted to treason and said the Justice Department should investigate who wrote it. Mr. Trump said it was disgraceful that someone could write a critical op-ed not to put their name on it and had it published by the New York Times. He called it a gutless editorial. Karen Travers, ABC News, Washington.”

5) Stocks tumbled again today over worries about the pandemic, all three of the major indexes losing almost 3.5%.  

6) A 9:00 p.m. to 6:00 a.m. curfew takes effect tonight in Philadelphia after two days of unrest over the police shooting of a Black man. You’re listening to ABC News.

……………………………………………………………..

I’m Liz Claman and this is the Fox Business Report.

Stocks tumbled as investors are concerned about rising coronavirus cases causing more lockdowns. Big tech and cyclical stocks along with shares of companies affected by coronavirus restrictions like cruise operators, airlines and hotels suffered sharp loses. The Dow falling 943 points, the Nasdaq down 426, S&P 500 down 119. // And General Electric bringing good things to life on Wall Street. Its shares closing up 4.5% after the industrial conglomerate’s profit and revenue came in well above estimates. GE said it was managing through a difficult environment but added it’s on track with its efforts to contain cost and conserve cash. // And Pinterest’s shares are surging in the extended session as the company continued to experience a surge in new users during the pandemic, which resulted in bigger profit and revenue growth unexpected for its summer quarter.

That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.

                                                       

AFN News October 22

 

AFN NEWS

Thursday, October 22, 2020

 

1) From ABC News, I’m Daria Albinger. Former President Obama’s on the campaign trail for his former Vice President Joe Biden. He is hopeful Americans are ready for change. “I’ve never lost hope over these last four years. I’ve been mad. I’ve been frustrated but I haven’t lost hope and the reason is because I never expected progress to move directly in a straight line.

 2) President Trump heading to a rally in North Carolina. Vice President Pence talking of Supreme Court nominee Amy Coney Barrett in New Hampshire. “He nominated a remarkable, brilliant, principled, conservative woman who loves the Constitution.” Democratic Vice President Nominee Kamala Harris is in North Carolina. Biden is preparing for tomorrow night’s debate.

 3) There’s new optimism. Congress and the White House come together on the new COVID-19 relief bill before the election. “Both sides still at least publicly billions of dollars apart, helping out-of-work Americans and struggling states survive the pandemic. White House chief of staff Mark Meadows blaming Speaker Nancy Pelosi. ‘Senate Republicans are starting to get to a point where they believe that she is not negotiating in a fair and equitable manner.’ Speaker Pelosi and Democrats saying they passed the relief bill a month ago that the Republican Senate refused to even debate. Andy Field, ABC News, Washington.

 4) ABC News has learned Democrats on the Senate Judiciary Committee tomorrow will boycott a vote on Barrett’s nomination. In their chairs, poster-sized pictures of the Americans who they say would be crashed by a vote to strike down the Affordable Care Act.

 5) Starting Friday, Illinois is taking indoor service off the menu at bars and restaurants as COVID-19 cases continue to rise. “Regional trends are still moving in the wrong direction. In addition to mitigations being imposed to help bring down the spread of the virus. I want to remind everyone Mask up, Illinois.” That’s the state’s governor. You’re listening to ABC News.

……………………………………………………………..

I’m Liz Claman and this is the Fox Business Report.

The major averages finishing lower amid of barrier to produce any fresh development on the negotiation for additional fiscal stimulus. The Dow falling 98 points, the Nasdaq down 32, S&P 500 down 8. // And Tesla shares are rising in the extended session after reporting earnings and revenue beating Wall Street estimates with the electric vehicle maker notching the 5th consecutive quarter of profits. // And Quibi is closing shop, according to the Wall Street Journal. The streaming service’s founder Jeffrey Katzenberg calling investors to tell them he’s shutting down operations. Katzenberg hit streaming services of revolutionary new player in the video streaming wars, but the company has been plagued with problems since its launch back in April. // And the shares of Netflix plunging 7% after the company said its subscribers’ growth slowed in the third quarter, highlighting the fresh challenges from competitors ramping up their own streaming services.   

That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.

                                                       

AFN News October 15

 

AFN NEWS

Thursday, October 15, 2020

                                                       

1) From ABC News, I’m Daria Albinger. President Trump and the first lady were not the only members of the first family who tested positive of COVID-19. In the White House blog, the first lady detailing her family’s dealing with COVID, saying she was at first relieved her son Barron tested negative but her fears came true when the later test showed her teenage son was positive. Mrs. Trump saying it’s fortunate Barron has shown no symptoms and that she thought about the millions affected by COVID while they recovered. The first lady says she is now tested negative. ABC’s Andy Field, Washington.

 2) A second day of questioning for Supreme Court nominee Amy Coney Barrett has just started. Barrett was responding to critics who worry her personal beliefs may have effect on her work on the bench. “There’s room for different approaches to the Constitution and I think those approaches shouldn’t be broken down into partisan boxes, because judges are not partisan.” New Jersey Democrat Cory Booker asked Barrett to comment on the Trump Administration policy of separating undocumented families at the U.S. border. “It is wrong to separate a child from their parents, not for the safety of the child or parent, but to send a message. As a human being, do you believe that that’s wrong?” “Senator, I think you’re trying to engage me on the administration’s order on separation policies.” Barrett appears to be headed to an easy confirmation. Republicans have the 51 votes they need.

 3) More states are setting early voting records. California Secretary of State reports over 1 million Californians have already cast votes by mail ballots. In 2016, the number was around 72,000 by now. Even before this year, many Californians voted by mail under permanent absentee status. So, voting by mail is not new here in California. This year, though, at the extra crash, the state is telling Californians to vote now to make sure their ballots get in without delay. ABC’s Alex Stone. Early voting now underway in more than 40 states plus Washington, D.C. You’re listening to ABC News.

……………………………………………………………..

I’m Susan Li and this is the Fox Business Report.  

Stocks fell for the second straight session, raising earlier gains in the stimulus deal uncertainty and as investors weighed the mixed bank of corporate earnings results. Energy companies were among the gainers while tech lagged. The Dow falling 166 points, the NASDAQ down 95, S&P 500 down 23. // And New York shares surging over 22% after analysts of JPMorgan upgraded the Shanghai-based electric vehicle maker, saying it sets to be the long-term winner in China’s luxury electric vehicle market. // And Zoom Video Communications taking advantage of its huge growth during the pandemic and is moving into new ventures and launching OnZoom, a new website that allows any Zoom users to schedule, promote, and host both paid and free events. Events producers can sell tickets for individual events or series.

That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.

 

AFN News October 8

 

AFN NEWS

Thursday, October 8, 2020　

 

1) From ABC News, I’m Daria Albinger. President Trump is out of sight. He’s continued to recover from Covid-19, but he is back in the Oval Office with his staff, says a number of safeguards in place. “White House still won’t give exact date when the President last tested negative for Covid-19. Spokesperson Brian Morgenstern still refusing to make it clear. ‘I don’t know when he last tested negative and I’ve answered this question a number of times.’ The President’s aids and doctors still not saying if there was any indication the President was infected before his debate with Joe Biden or his trip to see donors in New Jersey. Andy Field, ABC News, Washington.”

 

2) Stocks jumped after the President appeared to backtrack on the decision to table talks for another coronavirus rescue package until after the election. The Dow soaring more than 500 points.

 

3) Tonight it’s the running mates’ turn. Vice President Pence and Democrat Kamala Harris will meet in Salt Lake City for their only debate of the campaign. Michigan school bus driver Tom Moran drove to Utah to stand outside the debate hall. “I drove 23 hours. I think it was about 1600 miles and I would do it again. I would crawl over broken glass to replace this President.” The virus is expected to be a central focus. The candidates are going to be separated by a plexiglass partition.

 

4) In Wisconsin, a crowd has gathered outside the Milwaukee County Courthouse, waiting to hear police officer Joseph Mensah who faced criminal charges in the February shooting death of Alvin Cole outside the mall in Wausatosa.

 

5) Delta may be losing strength but Louisiana Governor John Bel Edwards says coastal residents should still prepare for a major storm later this week. “Former track has shifted a little bit west. It is still true that the overwhelming majority of the coast of Louisiana will remain in the cone.” Delta is now category 1, 85-mph winds, but it is expected to get stronger again as it moves out of the Gulf of Mexico. You’re listening to A BC News.

…………………………………………．．

I’m Liz Claman and this is the Fox Business Report.

Stocks ending sharply higher as investors regained optimism at least a partial deal of more U.S. fiscal stimulus may happen. // Shares of airlines taking off after President Trump urged Congress to pass a series of smaller standalone bills that would include a bailout package for the industry battered by the coronavirus pandemic. The Dow rising 531 points, the NASDAQ up 210, the S&P 500 up 38. // And Netflix stocks surging nearly 6% after Pivotal Research lifted its price target with Street-high of 650 bucks a share. An analyst with the firm contents, the larger Netflix subscriber base grows, the more they can spend on original content which increases the potential target for their service. // And Disney shares jumping after activist investor Dan Loeb called on the entertainment giant to cut its dividend and invest the proceeds in streaming contents.

That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.

 

AFN News October 1

 

AFN NEWS

Thursday, October 1, 2020

1) From ABC News, I’m Daria Albinger. After last night performance, some are wondering if there will be a second presidential debate or if there should be. “The President suggesting he delivered such a kickout punch against rival Joe Biden Tuesday night that, ‘I hear he doesn’t want to go forward.’ In fact, Joe Biden says that isn’t true and that he agrees with debate organizers to cut a candidate’s microphone if they do not stop talking. ‘That’s what seemed to me to make some sense. But I’m looking, I’m looking forward to that.’ Both candidates must agree to any debate rule changes. Andy Field, ABC News, Washington.

 

2) The president asked again today to publicly condemn white supremacist groups after he refused to do so last night. South Carolina’s Tim Scott, the chambers’ only African-American Republican, “I think he misspoke in response to Chris Wallace’s comment. He was asking Chris what he wanted to say. I think he misspoke. I think he should correct it. If he doesn’t correct it, I guess he didn’t misspeak.” A White House spokesperson says there is nothing to clarify.

 

3) Stocks rallied with investors motivated by the possibility of a new coronavirus relief package. Senate Majority Leader Mitch McConnell, “I think it’s safe to say we’re far apart. I think Secretary Mnuchin and the Speaker will continue to speak but we are very, very far apart.” House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin met today to talk about the new stimulus package for the first time in more than a month.

 

4) Police say an apparent drive-by shooting outside the Milwaukee funeral home left seven wounded. Acting Chief Michael Brunson. “The victims were transported to a local hospital where they are being treated for their injuries. Right now, all of them are in stable condition. He says the search for a suspect is underway.

 

5) A court’s approved more than $8 million in payouts from MGM Resorts International to the relatives and victims of a Las Vegas Strip shooting, the deadliest shooting of its kind in recent U.S. history. You’re listening to ABC News.

……………………………………………………………..

I’m Liz Claman and this is the Fox Business Report.

Stocks ending in the green on the last day of trading for the month for its second quarterly gain, however, the market notched its first negative month since March with the Dow rising 329 points, the Nasdaq up 82, S&P 500 up 27. The market’s gains also coming after better than expected economic data. ADP’s monthly private-sector jobs count showed growth of 749,000 in September ahead of economist expectations. Meanwhile, pending home sales soared nearly 9% in August marking its highest pace on record according to the National Association of Realtors survey. // And shares of embattled electric truck startup Nikola surging 14%. The company reconfirmed its business plans and production targets. General Motors said it’ll extend talks on a $2 billion deal with Nikola which will give the automaker an 11% stake.

That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.

 

AFN News September 24

 

AFN NEWS

Thursday, September 24, 2020

1) From ABC News, I’m Daria Albinger. Police in Louisville, Kentucky, are telling protestors downtown to disperse. “__ state law this unlawful assembly, and we commend all personas __.” Demonstrators have been underway for hours after officials announced grand jury decision not to indict police officers on charges directly related to the death of Breonna Taylor. The only charges three counts of wanton engagement against fired officer Brett Hankison for shooting into a neighbor’s apartment. Protestor Mary Fray says she’s discouraged, “In my heart it doesn’t feel like there is any justice for Breonna, not because they’ve never brought up any murder charges. There are those two officers, they’re still on paid Medicare and I believe nothing is being brought up against them.” Mayor Greg Fisher says an internal police review is still underway. “LMPD is conducting a professional standard unit investigation to determine if any policies or procedures were violated by officers involved in the case. The chief of police will use that report to determine if any officers need further training or discipline.” A county-wide curfew will take effect 9:00 p.m.

 

2) Some made the trip from several states away and many waited in a line for hours. Mourners filing passed the casket of justice Ruth Bader Ginsburg lying in repose on the marvel steps of the Supreme Court. President Trump explaining why he wants Ginsburg’s successor confirmed before Election Day. In the White House cabinet room, “It’s very important that we have nine justices.” President Trump meaning state attorney’s general discussing law and order and voting rules, and his unproven claim. There will be widespread mailing voter fraud. “I think this will end up in the Supreme Court.” If it does, the post-election fights see who won could drag into December as it did in the case of Bush-vs-Gore. Andy Field, ABC News, Washington.  

 

3) Missouri Governor Mike Parson, a Republican who has refused to enact a mask mandate, is tested positive for COVID-19. You’re listening to ABC News.

……………………………………………………………..

I’m Liz Claman and this is the Fox Business Report.

Stocks ending sharply lower amid like a progress in Washington over additional pandemic aid and researching coronavirus cases. Big tech companies are among the laggers, dragging NASDAQ further into correction territory. The Dow falling 525 points, the Nasdaq up 331, S&P 500 down 79. // And Tesla’s Big Battery Day event didn’t give its investors much of the charge with its stocks falling 10%. CEO Elon Musk manufacturing production updates, but appears to be a few years out. // And Larid Superfood jumping out of the gate for its Wall Street debut. Its IPO was priced around 22 bucks a share with a stock closing up over 77%. // And GoodRx Holdings followed its prescription for strong initial public offerings. Shares of the prescription drug pricing app jumped more than 50% from the $33 IPO price.

That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.