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Monday, October 26, 2020

AFN News October 22

 

AFN NEWS

Thursday, October 22, 2020

 

1) From ABC News, I’m Daria Albinger. Former President Obama’s on the campaign trail for his former Vice President Joe Biden. He is hopeful Americans are ready for change. “I’ve never lost hope over these last four years. I’ve been mad. I’ve been frustrated but I haven’t lost hope and the reason is because I never expected progress to move directly in a straight line.

 2) President Trump heading to a rally in North Carolina. Vice President Pence talking of Supreme Court nominee Amy Coney Barrett in New Hampshire. “He nominated a remarkable, brilliant, principled, conservative woman who loves the Constitution.” Democratic Vice President Nominee Kamala Harris is in North Carolina. Biden is preparing for tomorrow night’s debate.

 3) There’s new optimism. Congress and the White House come together on the new COVID-19 relief bill before the election. “Both sides still at least publicly billions of dollars apart, helping out-of-work Americans and struggling states survive the pandemic. White House chief of staff Mark Meadows blaming Speaker Nancy Pelosi. ‘Senate Republicans are starting to get to a point where they believe that she is not negotiating in a fair and equitable manner.’ Speaker Pelosi and Democrats saying they passed the relief bill a month ago that the Republican Senate refused to even debate. Andy Field, ABC News, Washington.

 4) ABC News has learned Democrats on the Senate Judiciary Committee tomorrow will boycott a vote on Barrett’s nomination. In their chairs, poster-sized pictures of the Americans who they say would be crashed by a vote to strike down the Affordable Care Act.

 5) Starting Friday, Illinois is taking indoor service off the menu at bars and restaurants as COVID-19 cases continue to rise. “Regional trends are still moving in the wrong direction. In addition to mitigations being imposed to help bring down the spread of the virus. I want to remind everyone Mask up, Illinois.” That’s the state’s governor. You’re listening to ABC News.

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

The major averages finishing lower amid of barrier to produce any fresh development on the negotiation for additional fiscal stimulus. The Dow falling 98 points, the Nasdaq down 32, S&P 500 down 8. // And Tesla shares are rising in the extended session after reporting earnings and revenue beating Wall Street estimates with the electric vehicle maker notching the 5th consecutive quarter of profits. // And Quibi is closing shop, according to the Wall Street Journal. The streaming service’s founder Jeffrey Katzenberg calling investors to tell them he’s shutting down operations. Katzenberg hit streaming services of revolutionary new player in the video streaming wars, but the company has been plagued with problems since its launch back in April. // And the shares of Netflix plunging 7% after the company said its subscribers’ growth slowed in the third quarter, highlighting the fresh challenges from competitors ramping up their own streaming services.   

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