AFN News February 11

 AFN NEWS

Thursday, February 11, 2021

 

1) From ABC News, I’m Michelle Franzen. House trial managers spent five hours so far presenting evidence in the impeachment trial of former president Trump that includes showing unseen video and audio from the January 6th inside the Capitol building, police calling for help on dispatch. “__ __ __ riot.” In the battle along with Trump’s past tweets, video and paid campaign, they say just “Stop to Steal,” then incited the insurrection at the U.S. Capitol. Trial Manager Joe Neguse says the mob of Trump supporters went to the Capitol and encourage to fight like hell. “Senators, this clearly was not just one speech. It didn’t just happen. It was part of a carefully planned, monthlong effort with a very specific instruction; Show up on January 6 and get your people to fight the certification.” Trial managers and Trump’s defense team will have 16 hours apiece to present the case.

 2) President Joe Biden keeping his focus on the new administration, making a trip to the Pentagon today to mark Black History Month, and also working to build bipartisan support for his American rescue plan. Press Secretary Jen Psaki at the White House says that it includes funding for central services. “He’s proposed $350 billion in support for state and local government. That means keeping cops, firefighters, public health workers, teachers and other public servants on the job in the fight against the virus.”

 3) A handful of states now reporting cases of the South African variant. California is the latest. Then, the CDC is pointing to a recent study showing doubling upon masks could help. “Wearing a single mask is good but you can do more according to a new CDC study being presented in a medical journal JAMA. Researchers finding double masking is better with a surgical mask on the bottom layer on a cloth mask above and making sure whatever mask you wear is sealed tightly to the face.” ABC’s Alex Stone. You’re listening to ABC News. 

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

Stocks finishing mixed with the Dow notching a record close as investors digest a fresh batch of earnings and remarks from the Federal Reserve Chair Jerome Powell who painted a small, dismal picture of the state of the U.S. labor market. Among the gainers, financials and energy while tech stocks lagged behind. The Dow winners, Goldman Sachs, Home Depot, Chevron. The decliners, Boeing, Cisco, McDonald’s. Take a look at Wall Street by the numbers. The Dow finishing up 63 points, the Nasdaq down 35, while the S&P was down a point. Shares in cannabis companies soaring with Tilray leading the charge jumping over 50%, as the Reddit community behind a recent trading frenzy talked up marihuana stocks. Brokerage firm Charles Schwab laying off about 200 employees from the combined Schwab-TD Ameritrade company.

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