AFN NEWS
Thursday, November 12, 2020
1) From ABC News, I’m Michelle
Franzen. The nation at a turning point and in limbo; the vote continuing in undecided states with Joe Biden leading and the electoral votes showing him
the apparent president-elect. President Trump and his campaign moving forward
with more lawsuits. Courts so far dismissed previous lawsuits and decided there
was no evidence of voter fraud. “What is happening right now is unprecedented.
President Trump not conceding, his administration not helping the Biden team
transition into the White House. Experts say this is a very dangerous time for
the country. Sources close to President Trump say he knows this race is over.
He knows he will not be able to overturn the results in court, but it’s unclear
how long it will take for him to concede. Karen
Travers, ABC News, Washington.” In Georgia, election officials announcing
they will conduct a full audit and hand count of the election results there.
2) The coronavirus crisis out of control on the cast of the
holiday. Cases surging nationwide, states like North Dakota reporting hospitals
are full or nearly full. “As of today, new COVID-19 cases are rising in every
state, plus Washington, D.C., Puerto Rico, and Guam, according to the COVID
tracking project. Positivity rates are increasing in 36 states, hospitalizations
are up in 43 states and deaths are increasing in 27. Infectious disease
specialist Dr. John Brownstein, ‘One of the worst periods of this pandemic
ever since is surging in the Northeast,’ Alex
Stone, ABC News.”
3) Challenges in this pandemic for those who served and sacrificed
during peace and war time, Veterans Day parade and ceremonies curtailed are
held virtually today. President Trump and Vice President Mike Pence at Arlington
National honoring military members there. The President participating in a
wreath ceremony at the Tomb of the Unknown Soldier. President-elect Joe Biden,
meantime, in Philadelphia at a ceremony, laid a wreath at the Korean War
Memorial. You’re listening to ABC News.
……………………………………………………………..
I’m M_ S__ and this is the Fox
Business Report.
Stocks finishing mixed with technology stocks
are rising after lagging earlier this week on signs that a COVID-19 vaccine raised
hopes for a faster-than-expected-economic rebound and many of us getting out of
our homes. With the Dow winners; McDonald’s, Salesforce, Microsoft. The
decliners; American Express, Honeywell and Disney. Delta Airlines, Royal
Caribbean along with several other travel stocks jumped sharply earlier in the
week, pulling back some today. Take a look at Wall Street by the numbers. The
Dow down 21 points, Nasdaq up 233, the S&P also declined 77. Lyft shares
rising up 1%. The ride-hailing company’s quarterly revenue with a number of active
riders are also climbing as lockdowns eased in several major cities. Alibaba’s
stocks closing slightly lower. Chinese market regulators drafted anti-monopoly guidelines
targeted digital platforms.
That’s your Fox Business Report. I’m Tom
Graham, invested in you.
