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Saturday, August 29, 2020

AFN News August 27

 

AFN NEWS

Thursday, August 27, 2020

- Ichizuka  

1)    From ABC News, I’m Daria Albinger. The senior vice President of the Milwaukee Bucks tweeting some things are bigger than basketball. The NBA team boycotting their playoff game today against the Orlando Magic in protest of the shooting of a Black man by police officers in Kenosha, Wisconsin. Not long afterward came the Milwaukee Bucks decided to boycott Game 5 with the Orlando Magic to protest a police shooting of Jacob Blake of Kenosha, Wisconsin. Sources to ABC’s partner ESPN said the Houston Rockets Game 5 against the Oklahoma City Thunder also being boycotted by the players. Bucks guard George Hill tells ESPN we are tired of the killings and the injustice. ABC’s Chuck Sivertsen.

2)    A curfew takes effect in two hours from now in Kenosha after three nights of unrest. U.S. marshals and the FBI have been deployed to help state and local authorities as state governor activating the National Guard. Major General Paul Knapp, “We are working diligently to provide additional assistance and we’re committed to meeting all of the requests that we received from civil authorities.” Authorities say a White 17-year old from Illinois has been arrested accused of shooting three protesters last night, two fatally.

3)    Hurricane Laura is now Category 4 storm, just hours from the Gulf Coast. The State of Texas is sending two C-130 cargo planes to Port Arthur to pick up anyone who’s decided at the last minute to evacuate. Some who normally wait out the storms at home know how uncomfortably that can be. “Services, shops, stores, food is gonna be shut down, so it doesn’t make much sense to stay.” Laura forecast brings what the National Hurricane Center calls unsurvivable storm surge. Jim Ryan, ABC News, Lake Charles, Louisiana.

4)    “America’s Heroes” is the theme of this third night of the Republican National Convention, Vice President Pence will give the keynote address, in which he’ll accepts the party’s nomination.

5)    Stocks closed higher today. The S&P 500 at another record. You are listening to ABC News.

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 I’m Liz Claman and this is the Fox Business Report. 

Stocks ending higher on upbeat economic data, falling coronavirus cases and vaccine hopes. The S&P 500 and Nasdaq rising to new fresh highs with the most consecutive record closes this year. Upbeat earnings keeping investors focused on momentum stocks with tech companies leading the charge while real estate companies lagged. The Dow rising 83 points, the Nasdaq up 199, S&P 500 up 35. // And Salesforce which has set to enter the Dow on Monday was a big winner on Wall Street. Its shares rallying nearly 26%. The company delivering a blowout quarter and raised its annual revenue forecast to the high demand for its online software. // And Moderna stocks popping 6% after the biotech firm said its potential coronavirus vaccine generated promising results in elderly patients in a small early stage clinical trial.

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