AFN
NEWS
Thursday, June 11, 2020
1)
From ABC News, I’m Daria Albinger. A
challenge to Congress from George Floyd’s
brother: he asked the House Judiciary Committee to end what he and so many
other African Americans have been feeling for years. “I’m tired of pain, pain
you feel when you watch something like this. When you watch your big brother, who
you’ve looked up to your whole life, die, die, begging for his mom.” Philonise Floyd, one of the first to
testify at a House hearing on proposed changes to police practices and
accountability. Civil rights lawyer Benjamin
Crump who also represents the Floyd family telling the committee he
believes police officers have unchecked authority. “If there is no
accountability, Congresswoman Bass, it
will keep happening and we pray that George Floyd is the last one, but if this
great body doesn’t act, it’s gonna happen again and I predict it’s gonna happen
in the next 30 days.” House Democrats have proposed sweeping police reform bills.
The Republicans say they are working on their own measure. George Floyd died 16
days ago but the protest across the nation stemming from his death continue
from New York City, Boston, to outside the White House.
2)
As more places lift COVID-19 restrictions, House officials warn the White House
the pandemic is still very much reality. “The U.S. is closing in on 2 million
confirmed diagnosed cases of COVID-19. At least 111,000 Americans have died,
but the outbreak in Government’s response is no longer front and center at the
White House. Vice President Pence on
Tuesday led a meeting of the coronavirus task force, but it’s been more than a
month since the task force held a press briefing. They were daily occurrences during
the early period of the outbreak. Dr. Anthony
Fauci Wednesday on ABC’s “Good Morning, America” said even as the nation
reopens, Americans should still wear masks, wash their hands often and practice
social distancing. Karen Travers,
ABC News, Washington.
3)
The Federal Reserve today said it is going to leave interest rates unchanged
for now. You’re listening to ABC News.
…………………………………………..
I’m
Liz Claman and this is the Fox
Business Report.
Stocks
finishing mixed even after the Federal Reserve pledged to hold interest rates at
near zero for some time, and using the necessary tools to support the economy.
The NASDAQ notching its third straight record close, and finishing above the
10,000 mark for the first time ever, with the Dow falling 282 points, the
NASDAQ up 67, S&P 500 down 17. // And Tesla
stocks hitting a new record high, jumping above $1,000 a share after CEO Elon Musk told staffers that it was
time to bring the Tesla Semi commercial
truck to volume production. The stock also receiving a boost from a bullish
call by Wedbush and said that Tesla
could have more room to run. // And Boeing is aiming to conduct a key
certification test flight on its grounded 737 MAX jet in late June, according
to Reuters. The plane has been
grounded since March of 2019 after two fatal crashes. That’s your Fox Business Report.
I’m Hilarie Barsky, invested in you.