AFN NEWS
Thursday, September 17, 2020
1) From ABC News, I’m Chuck
Sivertsen. Downgraded, but still a very dangerous tropical storm, Sally,
in eastern Alabama and western Georgia was life-threatening, flooding in the
Florida Panhandle and southern Alabama as well. Someone in Florida dealing with
this. Many people who did not follow orders to evacuate, Escambia County
Public Safety Director Jason Rogers, “As of 2:30 today, water rescue
operations between the city and the county we have rescued 377 people from
water-stricken areas.” Two hundred Florida National Guard members will be
arriving tomorrow. Mobile, Alabama has implemented a city-wide curfew
effected in about an hour.
2) President Trump again saying the U.S. is close to
getting a COVID-19 vaccine. “We’re on track to deliver and distribute the
vaccine in a very, very safe and effective manner. We think we can stock
sometime in October.” CDC Director Robert Redfield telling a Senate
panel something different. “If you ask me when it’s gonna be generally available
to the American public, so we can begin to take advantage of vaccine to get
back to our regular life, I think we’re probably looking at third, late second
quarter, third quarter 2021.” Redfield also stressing that face masks are the single
most important public health tool available.
3) Many areas of California still have schools and gyms closed
but that could change soon as the state is announcing that the rate of spread
has dropped dramatically in recent weeks. Only a few weeks ago, the positivity
rate here was in the 8% range and now we’re looking at 3.6%. That is a huge
drop, and it means counties like Orange County have been told that they can open up
schools and gyms, and the places now restrictions released. Governor Gavin Newsom
saying we are turning the corner on this rise in number. ABC’s Alex Stone.
4) On Wall Street, the Dow gained but the broader S&T,
Nasdaq closed lower. You’re listening to ABC News.
……………………………………………………………..
I’m Liz
Claman and this is the Fox Business Report.
Stocks finishing mixed after the Central
Bank decided to keep short term interest rates unchanged and indicated they
could remain near zero through 2023, said Chair Jerome Powell. “We now
indicate that we expect it will be appropriate to maintain the current zero to 0.25%
target range for the federal funds rates until labor market conditions have
reached the levels consistent with the committee’s assessments of maximum
employment.” The Dow rising 37 points, the NASDAQ down 140, S&P 500 down
16. // And shares of Eastman Kodak surged over 36% after a report by a
law firm hired by the former photography giant said there was no evidence of
insider trading by managements or major Kodak shareholders, ahead of the
announcement of the potential $765 million government loan for a new drug ingredient
business.
That’s your Fox Business Report. I’m Hilarie Barsky,
invested in you.
