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Wednesday, November 25, 2020

AFN News November 19

 

AFN NEWS

Thursday, November 19, 2020

 

1) From ABC News, I’m Michelle Franzen. On track, Georgia election officials say they are nearly finished with its audit hand count of some 5 million ballots, the deadline tonight. The state’s voting system implementation manager Gabriel Sterling. “So, we are still in good shape on getting to our intention, which was to meet the midnight tonight deadline, now obviously and that backtrack of 21 counties. They are some of the biggest counties.” President-elect Joe Biden retaining the lead in the state.

 

2) The Trump campaign continuing to launch legal challenges, the latest in Wisconsin asking and paying to have recounts in Milwaukee and Dane counties. It comes a day after Republican delegates in Michigan’s Wayne County which includes the city of Detroit tried to hold back on certifying votes for that county, then, backtracked. ABC’s political director Rick Klein tells us the campaign is looking at Democratic strongholds. “If you look at how the Trump campaign and Republicans generally are targeting areas, they are raising questions about. It is overwhelmingly Black communities.” Biden leads in Michigan also by 20,000 votes, Wisconsin by 20,000 votes.

 

2) Coronavirus cases raging across states. The Florida Health Department reports cases now topped 900,000. A course of health experts and state leaders urging Americans to scale back or postpone large gatherings for the holidays even with word that two vaccines are on the horizon. “HHS says they expect to begin distributing a vaccine within 24 hours of approval as it’s been preparing stockpiles of vaccine candidate in anticipation. HHS Secretary Alex Azar says the federal government has also been working with states, territories and major cities to make the vaccine accessible. ‘The ultimate goal here is to make getting a COVID-19 vaccine as convenient as getting a flu shot.’ He says they are also partnering with nationwide pharmacy chains and networks as well as nursing homes to allow them to administer the vaccine.” ABC’s Mark Remillard reporting. You’re listening to ABC News.

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I’m Connell McShane. This is the Fox Business Report.  

Stocks reversing course from earlier gains, and losing steams in the final-hour of trading on worries about rising coronavirus cases and lockdown restriction, which overshadowed positive developments on the coronavirus vaccine front. Healthcare, energy, utilities among the biggest laggers. The Dow winners; Caterpillar, Goldman Sachs and Salesforce. The Dow decliners; UnitedHealth and Boeing. Take a look at Wall Street by the numbers. The Dow finishing off 346 points, the Nasdaq down 98, while the S&P was down 42. Lowe’s sales surging in the third quarter. People took on projects at home during the pandemic. Relevant stocks fell 8% today. Some encouraging news on the housing front; home building increasing nearly 5% in October, more than expected as the housing market continues to be driven by record low mortgage rates.

That’s your Fox Business Report. I’m Tom Graham, invested in you.