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Tuesday, August 25, 2020

AFN News July 23

 

ABC NEWS  JULY 23, 2020

1)          From ABC News, I am Daria Albinger.  President Trump is holding his second COVID-19 briefing in as many days after a break that lasted months.  It started today with an update on a vaccine; “My administration reached a historical agreement with Pfizer to produce and deliver 100 million doses of their vaccine immediately following its approval.” And the White House says that could be as soon as December. 

 2)          Meanwhile a new state takes the lead with the most COVID-19 cases in the United States.  “Twelve thousand eight hundred seven new confirmed cases of COVID-19 in California in the past 24 hours.  That’s a highest daily increase ever in the state, and in the past day, 115 more people died from COVID-19 in California.  Governor Gavin Newsom; ‘It’s just another reminder, if I need to remind anybody of the magnitude of impact that this virus continues to have.’  And while part of the rise in cases here is due to more testing, the 7-day positivity rate is also up today, showing it’s not only because of more testing.  Alex Stone, ABC News, Los Angeles.”

3)           A few more states are moving to require masks in public; Ohio, Minnesota and Indiana.  The mayor of Washington D.C. is making face coverings mandatory in public for everyone except for federal government workers on the job.

4)           The president calls it ‘Operation Legend’.  He’s sending federal agents to Chicago, Albuquerque and other cities where crime is rising.  “We will work every single day to restore public safety, protect our nation’s children and bring violent perpetrators to justice.”  The mayor of Chicago Lori Lightfood says she’s been told that the agents will focus on gun violence in the city.  She says the FBI, DEA and AFT agents will not crack down on protests like they haven’t Portland, Oregon. 

 5)           The State Department has ordered China to close its consulate in Houston to protect US intellectual property.  Beijing says it will retaliate.  You’re listening to ABC News.

6-1)   I’m Connell McShane.  This is the Fox Business report. 

“A trappy trading session with stocks ending higher despite concerns over tensions between the US and China and continuing fears about the coronavirus in its toll on the economy.  The Dow rising 165 points, the Nasdaq up 26, S&P 500 up 19.

6-2)   And after the closing bell, Microsoft announcing earnings beating Wall Street expectations, and reporting record revenue for the quarter.  However growth rate says Azure cloud division slowed from the previous quarter, and the closing of Microsoft physical retail stores also cut into its earnings.  Microsoft shares are down after hours, but its stock has run up nearly 35% so far this year.

And business messaging app Slack is accusing Microsoft of antitrust violations in Europe.  The complaint file to the European Commission accuses Microsoft of tying its Team software to its Office system to snap out competition.    

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

Sunday, August 23, 2020

AFN News July 2

 

AFN NEWS

Thursday July 2, 2020

1) From ABC News, I’m Chuck Sivertsen. The COVID-19 surge in the South and West is not being slowed. A record-breaking day for cases: hospitalizations, emergency room visits and deaths in Arizona, as Vice President Mike Pence visits the state. “We did hear in the briefing today for the need for personnel. We’ve already responded. Sixty-two medical personnel arrived this week in Tucson, but the governor conveyed to us an additional request for another 500 personnel.” Coronavirus cases increasing in almost 40 states. Hospitalizations  are up in half of the states.

2) California Governor Gavin Newsom orders for at least three weeks a total closure of bars and indoor operations of restaurants, movie theaters, museums and other patron-based businesses. In Los Angeles and other high population counties. “These are 19 counties within the state, but these 19 counties represent over 70% of the population here in the state of California.”

3) Texas set a new record of more than 8,000 COVID-19 cases today. After a popular bar was busted for holding crowded gatherings in one of New Jersey’s largest cities, Governor Phil Murphy is once again urging people not to blow it. “Even one knucklehead bar can ruin it for everyone. It only takes one match to start a wildfire, and it only takes one infected bar-goer to invite, or ignite rather, a COCID-19 flare-up and then shuts everything else all back down.” As a precaution, New York City will not move forward with indoor dining on Monday.

4) Seattle police have torn down the city’s occupied protest zone and herded out protesters on Mayor’s orders. Police Chief Carmen Best, “Our job is to support peaceful demonstration, but what has happened here on these streets over the last two weeks, few weeks, that is, is lawless and is brutal and bottom line it is simply unacceptable.” Listening to ABC News.

…………………………………………..

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

Stocks finishing mixed on its first trading day of the month and a quarter after the data showed that the labor market continued to improve last month. Payroll processor ADP’s private sector job reports showing that nearly 2.4 million jobs were created in June with 70% of new jobs in leisure, hospitality, trade and construction industries. The Dow falling 77 points, the NASDAQ up 96 for another record close, the S&P 500 up 16. // And Tesla hitting a milestone. It is now the most valuable car company in the world surpassing Japan’s Toyota. Here today, Toyota stocks are down around 12%, while shares of Tesla has soared more than 165 %. // And due to spiking coronavirus cases in several states throughout the country, Apple will temporarily re-close 30 of its retail stores in the U.S. bringing the nationwide total to 77. That’s your Fox Business Report. I’m Hilarie Barsky, invested in you. *ADP = Automatic Data Processing

 

AFN News July 16

 

ABC NEWS  JULY 16, 2020

1)              From ABC News, I am Daria Albinger.  A growing number of state officials are telling residents to mask up, get tested, and in some cases, both as COVID-19 cases continue to spread.  Alabama Governor Kay Ivery making face coverings mandatory in public places; “Last night we had 2,141 new cases.  That brings our total to 58,270 cases, and we have had 1,183 deaths.”

 2)              Michigan Governor Gretchen Whitmer says it’s time for a federal mask mandatory; “A study conducted by Goldman Sachs concluded that a federal mask mandate, that everyone in the nation had a mandate like we have in Michigan, like they adopted in Alabama today, if everyone had that, we could save the US economy from taking a 5% hit to our GDP.” 

3)              Walmarts nationwide are now requiring masks.

4)              Oklahoma Governor Kevin Stitt has tested positive.  “I want to use my story to remind Oklahomans that if you aren’t feeling well, we want you to get tested.”  But he is holding off on making masks mandatory. 

5)              And Louisiana’s Attorney General says the governor’s mask mandate and bar restrictions may violate the state constitution.

 6)              The family of George Floyd has filed a federal lawsuit against the City of Minneapolis and the four former police officers who had arrested Floyd just before he died.  “The City of Minneapolis has a history of policies and procedures, and deliberate indifference when it comes to the treatment of arrestees, especially black men”; Attorney Benjamin Crump. 

7)              Twitters says it’s looking into what may be a targeted attack; among those affected, presumptive Democratic nominee Joe Biden, Kanye West, former President Obama and Bill Gates.

8)              Stocks closed higher today.  You are listening to ABC News.                    

 

10-1)   I’m Connell McShane.  This is the Fox Business report.

  “Stocks finishing higher on encouraging coronavirus vaccine news, with the Dow rising 228 points, the Nasdaq up 62, S&P 500 up 29.

10-2)   And the nation’s largest grocery store chain is making moves to reduce the spread of the coronavirus.  Kroger will be requiring customers on all locations to wear mask when shopping in stores, beginning on July 22.  Kroger’s employees are already required to wear face coverings.  The customers are able to wear a mask on alternative design.  Kroger is requesting that they use its ecommerce services like pickup or delivery.  Kroger joined other retailers like Walmart, Best Buy and Starbucks requiring their shoppers wear face coverings.

10-3)   And Chipotle is hiring the Burrito chain, adding 10,000 staffers as it opens more stores with drive-through lanes for digital orders.  The company says its digital sales have surged 80%.

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

Thursday, July 9, 2020

AFN News July 9


AFN NEWS
Thursday, July 9, 2020

1) From ABC News, I’m Chuck Sivertsen. The COVID-19 surge in the South and West is not being slowed. A record-breaking day for cases: hospitalizations, emergency room visits and deaths in Arizona, as Vice President Mike Pence visits the state. “We did hear in the briefing today for the need for personnel. We’ve already responded. Sixty-two medical personnel arrived this week in Tucson, but the governor conveyed to us an additional request for another 500 personnel.” Coronavirus cases increasing in almost 40 states. Hospitalizations are up in half of the states.

2) California Governor Gavin Newsom orders for at least three weeks a total closure of bars and indoor operations of restaurants, movie theaters, museums and other patron-based businesses. In Los Angeles and other high population counties. “These are 19 counties within the state, but these 19 counties represent over 70% of the population here in the state of California.”

3) Texas set a new record of more than 8,000 COVID-19 cases today. After a popular bar was busted for holding crowded gatherings in one of New Jersey’s largest cities, Governor Phil Murphy is once again urging people not to blow it. “Even one knucklehead bar can ruin it for everyone. It only takes one match to start a wildfire, and it only takes one infected bar-goer to invite, or ignite rather, a COCID-19 flare-up and then shuts everything else all back down.” As a precaution, New York City will not move forward with indoor dining on Monday.

4) Seattle police have torn down the city’s occupied protest zone and herded out protesters on Mayor’s orders. Police Chief Carmen Best, “Our job is to support peaceful demonstration, but what has happened here on these streets over the last two weeks, few weeks, that is, is lawless and is brutal and bottom line it is simply unacceptable.” Listening to ABC News.
…………………………………………..

I’m Liz Claman and this is the Fox Business Report.
Stocks finishing mixed on its first trading day of the month and a quarter after the data showed that the labor market continued to improve last month. Payroll processor ADP’s private sector job reports showing that nearly 2.4 million jobs were created in June with 70% of new jobs in leisure, hospitality, trade and construction industries. The Dow falling 77 points, the NASDAQ up 96 for another record close, the S&P 500 up 16. // And Tesla hitting a milestone. It is now the most valuable car company in the world surpassing Japan’s Toyota. Here today, Toyota stocks are down around 12%, while shares of Tesla has soared more than 165 %. // And due to spiking coronavirus cases in several states throughout the country, Apple will temporarily re-close 30 of its retail stores in the U.S. bringing the nationwide total to 77. That’s your Fox Business Report. I’m Hilarie Barsky, invested in you. *ADP = Automatic Data Processing


Saturday, June 27, 2020

AFN News June 25


AFN NEWS
Thursday, June 25, 2020 

1) From ABC News, I’m Chuck Sivertsen. New coronavirus cases in the U.S. increasing to their highest level in two months back to where they were at the peak. State leaders saying those testing positive are younger in their 20s and 30s. “People naturally want to do things. I am not even, if I was 25, I’d be probably with them. I mean, that’s just realistic. I can sit here and try to act like I wouldn’t, but I remember what it was like then.” Florida Governor Ron DeSantis.

2) Florida and Texas, each posting record daily. New virus case totals 5500 each. Over 7,000 in California just today, a new record. Also many young people infected, possibly spreading it, says Governor Gavin Newsom. “It is incumbent upon us to recognize that as individuals, as communities, and as leaders within our households and our communities, to recognize that it is our behaviors that are leading to these numbers.”

3) A weekly forecast from the CDC estimates that U.S. COVID death will likely be between 130,000 and 150,000 by July 18th.

4) Rising COVID cases in the U.S. causing a slide here. Closing bell at the New York Stock Exchange, the Dow lost over 700 points, the broad S&P lost 81, the NASDAQ down over 200 points.

5) A Georgia grand jury indicts three men charged with alleged murder of Black jogger Ahmaud Arbery, -- Gregory and Travis McMichael, and William Bryan.

6) Wisconsin’s Governor has activated the state’s National Guard after violent demonstrations. ABC’s Ryan Burrow. “Wisconsin Governor Tony Evers announcing he has activated Wisconsin National Guard to support local law enforcement in Dane County hours after violent protesters destroyed windows and lights, and pulled down statues in Madison. The governor saying the demonstrations caused injuries and major damage. Among those injures, a state senator who says he was beaten by protesters for taking pictures.

7) Constructors in Charleston, South Carolina have removed the statue honoring former Vice President John C. Calhoun whose defense of slavery led to the nation toward the Civil War. You’re listening to ABC News.
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I’m Liz Claman and this is the Fox Business Report.
Stocks ending sharply lower as investors worry about the increasing number of coronavirus cases in some states. Businesses have been especially hard hit by the pandemic like airlines, hotels and cruse operators were among the biggest losers, with the Dow falling 710 points, the NASDAQ down 222, S&P 500 down 81. // And Disney theme park workers are making a plea to postpone the parks reopening next month due to the rise of coronavirus cases in Florida. More than 7200 have signed a petition asking Disney and government officials to delay the Disney World reopening. // And German pharmaceutical and pesticides maker Bayer agreeing to pay over $10.5 billion to settle U.S. lawsuits, claiming that its widely used weed killer Roundup caused cancer. Bayer inheriting thousands of lawsuits against Roundup inventor Monsanto when it acquired the U.S. agricultural giant in 2018. That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.