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Saturday, June 27, 2020

AFN News June 25


AFN NEWS
Thursday, June 25, 2020 

1) From ABC News, I’m Chuck Sivertsen. New coronavirus cases in the U.S. increasing to their highest level in two months back to where they were at the peak. State leaders saying those testing positive are younger in their 20s and 30s. “People naturally want to do things. I am not even, if I was 25, I’d be probably with them. I mean, that’s just realistic. I can sit here and try to act like I wouldn’t, but I remember what it was like then.” Florida Governor Ron DeSantis.

2) Florida and Texas, each posting record daily. New virus case totals 5500 each. Over 7,000 in California just today, a new record. Also many young people infected, possibly spreading it, says Governor Gavin Newsom. “It is incumbent upon us to recognize that as individuals, as communities, and as leaders within our households and our communities, to recognize that it is our behaviors that are leading to these numbers.”

3) A weekly forecast from the CDC estimates that U.S. COVID death will likely be between 130,000 and 150,000 by July 18th.

4) Rising COVID cases in the U.S. causing a slide here. Closing bell at the New York Stock Exchange, the Dow lost over 700 points, the broad S&P lost 81, the NASDAQ down over 200 points.

5) A Georgia grand jury indicts three men charged with alleged murder of Black jogger Ahmaud Arbery, -- Gregory and Travis McMichael, and William Bryan.

6) Wisconsin’s Governor has activated the state’s National Guard after violent demonstrations. ABC’s Ryan Burrow. “Wisconsin Governor Tony Evers announcing he has activated Wisconsin National Guard to support local law enforcement in Dane County hours after violent protesters destroyed windows and lights, and pulled down statues in Madison. The governor saying the demonstrations caused injuries and major damage. Among those injures, a state senator who says he was beaten by protesters for taking pictures.

7) Constructors in Charleston, South Carolina have removed the statue honoring former Vice President John C. Calhoun whose defense of slavery led to the nation toward the Civil War. You’re listening to ABC News.
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I’m Liz Claman and this is the Fox Business Report.
Stocks ending sharply lower as investors worry about the increasing number of coronavirus cases in some states. Businesses have been especially hard hit by the pandemic like airlines, hotels and cruse operators were among the biggest losers, with the Dow falling 710 points, the NASDAQ down 222, S&P 500 down 81. // And Disney theme park workers are making a plea to postpone the parks reopening next month due to the rise of coronavirus cases in Florida. More than 7200 have signed a petition asking Disney and government officials to delay the Disney World reopening. // And German pharmaceutical and pesticides maker Bayer agreeing to pay over $10.5 billion to settle U.S. lawsuits, claiming that its widely used weed killer Roundup caused cancer. Bayer inheriting thousands of lawsuits against Roundup inventor Monsanto when it acquired the U.S. agricultural giant in 2018. That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.