ABC NEWS AUGUST 20, 2020
1)
From ABC News, I am Daria Albinger. And we have a breaking news out of the White
House, where President Trump has just made an announcement at the news briefing;
“The United States intends to restore virtually all of the previously suspended
United Nations sanctions on Iran. It’s a
snapback, not uncommon.” He says it’s a
process that the US will make in the demand for the United Nations.
2)
Democratic presidential nominee Joe Biden
addressing a key group of voters; “Latinos across the country hold
extraordinary power to win this election and shape a better future.” Biden speaking to the Hispanic caucus a day
before he officially accepts his party’s nomination, on the last night of the Democratic
national convention.
The theme of this third night is a more
perfect union among the speakers; Hillary Clinton, Elizabeth Warren, Nancy
Pelosi and President Obama, who is expected to deliver a direct assault on his
successor. The final speaker of the
evening will be vice presidential nominee Kamala Harris.
3)
Federal
health officials are predicting that a rollout of a new rapid saliva-based test
and others like it will make screening for COVID-19 much easier to do and and
much more wide-spread. Illinois Governor
JB Pritzker says ‘the sooner the better’.
His state is one of seven where the virus is still increasing; “The
University of Illinois has just today received emergency use authorization from
the Food and Drug Administration to run the saliva-based COVID-19 test at the
University of Illinois Urbana-Champaign Lab.”
Inadequate testing is one of the reasons that Florida’s teachers union,
the largest one in the state, is suing Governor Ron DeSantis as it’s hoping to
force him to pivot to online learning to start school year.
4)
Thousands are evacuating in the San Francisco
Bay area as wildfires continue to burn.
A helicopter involved in the firefighting operations crashed near the New
Coalinga Municipal Airport. You’re
listening to ABC News.
5-1) I’m Liz Claman, and this is the Fox Business
report.
“Stocks
finishing lower after minutes of the Federal Reserve July policy meeting were released,
which showed that the Central Bank lowered its estimates for economic growth
over the second half of the year. The
Dow falling 85 points, the Nasdaq down 64, S&P 500 down 14.
5-2) And Apple
stock making history in an intraday trading on Wall Street. The tech titan is the first US company to hit
$2 trillion in market capitalization.
The milestone comes just two years after Apple became the FIRST US
company to top 1 trillion. This year alone
shares of Apple have surged nearly 60%, and was one of the stocks leading the
market off of(=from) its coronavirus
lows.
5-3) Target
shares soaring over 12% after posting the strongest quarterly growth in its
history including a near tripling of digital sales. Customers stocking up unessentials,
while taking advantage of same-day service options amid the pandemic.
That’s your Fox Business report. I’m Hilarie Barsky, invested in you.”
