AFN News July 23

 

ABC NEWS  JULY 23, 2020

1)          From ABC News, I am Daria Albinger.  President Trump is holding his second COVID-19 briefing in as many days after a break that lasted months.  It started today with an update on a vaccine; “My administration reached a historical agreement with Pfizer to produce and deliver 100 million doses of their vaccine immediately following its approval.” And the White House says that could be as soon as December. 

 2)          Meanwhile a new state takes the lead with the most COVID-19 cases in the United States.  “Twelve thousand eight hundred seven new confirmed cases of COVID-19 in California in the past 24 hours.  That’s a highest daily increase ever in the state, and in the past day, 115 more people died from COVID-19 in California.  Governor Gavin Newsom; ‘It’s just another reminder, if I need to remind anybody of the magnitude of impact that this virus continues to have.’  And while part of the rise in cases here is due to more testing, the 7-day positivity rate is also up today, showing it’s not only because of more testing.  Alex Stone, ABC News, Los Angeles.”

3)           A few more states are moving to require masks in public; Ohio, Minnesota and Indiana.  The mayor of Washington D.C. is making face coverings mandatory in public for everyone except for federal government workers on the job.

4)           The president calls it ‘Operation Legend’.  He’s sending federal agents to Chicago, Albuquerque and other cities where crime is rising.  “We will work every single day to restore public safety, protect our nation’s children and bring violent perpetrators to justice.”  The mayor of Chicago Lori Lightfood says she’s been told that the agents will focus on gun violence in the city.  She says the FBI, DEA and AFT agents will not crack down on protests like they haven’t Portland, Oregon. 

 5)           The State Department has ordered China to close its consulate in Houston to protect US intellectual property.  Beijing says it will retaliate.  You’re listening to ABC News.

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

“A trappy trading session with stocks ending higher despite concerns over tensions between the US and China and continuing fears about the coronavirus in its toll on the economy.  The Dow rising 165 points, the Nasdaq up 26, S&P 500 up 19.

6-2)   And after the closing bell, Microsoft announcing earnings beating Wall Street expectations, and reporting record revenue for the quarter.  However growth rate says Azure cloud division slowed from the previous quarter, and the closing of Microsoft physical retail stores also cut into its earnings.  Microsoft shares are down after hours, but its stock has run up nearly 35% so far this year.

And business messaging app Slack is accusing Microsoft of antitrust violations in Europe.  The complaint file to the European Commission accuses Microsoft of tying its Team software to its Office system to snap out competition.    

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