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Thursday, July 9, 2020

AFN News July 9


AFN NEWS
Thursday, July 9, 2020

1) From ABC News, I’m Chuck Sivertsen. The COVID-19 surge in the South and West is not being slowed. A record-breaking day for cases: hospitalizations, emergency room visits and deaths in Arizona, as Vice President Mike Pence visits the state. “We did hear in the briefing today for the need for personnel. We’ve already responded. Sixty-two medical personnel arrived this week in Tucson, but the governor conveyed to us an additional request for another 500 personnel.” Coronavirus cases increasing in almost 40 states. Hospitalizations are up in half of the states.

2) California Governor Gavin Newsom orders for at least three weeks a total closure of bars and indoor operations of restaurants, movie theaters, museums and other patron-based businesses. In Los Angeles and other high population counties. “These are 19 counties within the state, but these 19 counties represent over 70% of the population here in the state of California.”

3) Texas set a new record of more than 8,000 COVID-19 cases today. After a popular bar was busted for holding crowded gatherings in one of New Jersey’s largest cities, Governor Phil Murphy is once again urging people not to blow it. “Even one knucklehead bar can ruin it for everyone. It only takes one match to start a wildfire, and it only takes one infected bar-goer to invite, or ignite rather, a COCID-19 flare-up and then shuts everything else all back down.” As a precaution, New York City will not move forward with indoor dining on Monday.

4) Seattle police have torn down the city’s occupied protest zone and herded out protesters on Mayor’s orders. Police Chief Carmen Best, “Our job is to support peaceful demonstration, but what has happened here on these streets over the last two weeks, few weeks, that is, is lawless and is brutal and bottom line it is simply unacceptable.” Listening to ABC News.
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I’m Liz Claman and this is the Fox Business Report.
Stocks finishing mixed on its first trading day of the month and a quarter after the data showed that the labor market continued to improve last month. Payroll processor ADP’s private sector job reports showing that nearly 2.4 million jobs were created in June with 70% of new jobs in leisure, hospitality, trade and construction industries. The Dow falling 77 points, the NASDAQ up 96 for another record close, the S&P 500 up 16. // And Tesla hitting a milestone. It is now the most valuable car company in the world surpassing Japan’s Toyota. Here today, Toyota stocks are down around 12%, while shares of Tesla has soared more than 165 %. // And due to spiking coronavirus cases in several states throughout the country, Apple will temporarily re-close 30 of its retail stores in the U.S. bringing the nationwide total to 77. That’s your Fox Business Report. I’m Hilarie Barsky, invested in you. *ADP = Automatic Data Processing