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Friday, February 28, 2020

AFN News February 20


AFN NEWS
Friday, February 20, 2020 

1) From ABC News, I’m Dave Packer. The last Democratic debate tonight before the Nevada caucuses. That’s for the first time joining Democrats on stage. Former New York City mayor Michael Bloomberg. Other candidates like former vice president Joe Biden are ready to respond. “The truth is he’s basically been a Republican in his whole life. The fact of the matter is he has, he didn’t endorse Barack or me when we ran.” ABC’s Alex Stone is there. “Bloomberg could take fire at a number of issues. One will be his self-funding campaign. Sanders and Buttigieg are attacking Bloomberg for what they claim his paying-his-way into tonight’s debate. Warren is calling Bloomberg an egomaniac billionaire but also an issue is braced. “Stop and frisk” in New York and comments Bloomberg has made about the LGBTQ community, all of those could be fair game tonight.

2) Meanwhile, President Trump set to speak to supporters in Bakersfield, California today. “To be short, Vicky Young says the President is not perfect. ‘I don’t like his tweet’, or just about everything else. She is right there with him. ‘Values, school, education. I like that he loves our farmers.’ And now so what she hopes to hear from the President. ‘I’m hoping he’s gonna tell me he is absolutely going to be reelected 100%.’ Greg Naft, ABC News, Bakersfield, California.

3) The President granting a slew of pardons and clemency. Former Illinois governor Rod Blagojevich set free from a federal lockup. In a 20-minute long stay outside of his home, former Illinois governor Rod Blagojevich said the President didn’t have to commute his sentence. “President Trump is a man who’s tough and outspoken, but he also has a kind heart.” He also used some Trump terminology when discussing his own political battles. “I wouldn’t allow that swamp in Springfield and my fellow Democrats down there, who just wanted to raise taxes on the working people to raise their taxes.” The convicted governor said if he is allowed to, he would vote for Trump this fall. Ryan Burrow, ABC News, Chicago.

4) Wall Street, the Dow up 115 points the day, the NASDAQ gained 84. You’re listening to ABC News.
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I’m Maria Bartiromo and this is the Fox Business Report.
On Wall Street, the major averages closing higher with the NASDAQ and S&P 500 notching new record highs on easing coronavirus fears and strong economic data. The Dow winners; Apple, UnitedHealth, and Disney. The Dow decliners; Walmart, Travelers and IBM. The Dow rising 116 points, the NASDAQ up 84 for its 16th record close of the year. The S&P 500 up 16. // Shares of Groupon tanking today, down 43%. The online coupon company reporting weak fourth quarter earnings and set it a plan to shut down part of its business that sells merchandise and detailed plans for a reverse-stock split. // And shares of Garmin rising close to 7% after the maker of GPS and fitness devices reported quarterly earnings and revenue beating Wall Street estimate. Its stock hitting its 10-year high. That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.