news corp has reached a three—year deal to provide facebook users access to news in australia. platforms in australia, in response to legislation requiring them to pay news providers. let's go to our australia correspondent shaimaa khalil. this was quite a hooha at the time and it seemed like a deal has been done.— time and it seemed like a deal has been done. yes, a big deal has been done. yes, a big deal has been _ has been done. yes, a big deal has been done, _ has been done. yes, a big deal has been done, as _ has been done. yes, a big deal has been done, as well. - has been done. yes, a big deal has been done, as well. this i has been done. yes, a big deal has been done, as well. this isj has been done, as well. this is huge for a couple of reasons, one, just the nature of those smack companies, this is the tech and social media giant facebook making a deal to pay news corp, the report murdoch empire here in australia, for three years, and we don't know the value of the contract, but news corp holds or controls almost 70% of the newspaper circulation here in the country, o

. >> facebook has reached a deal with wilbert murdoch's news corps in australia to help fund its journalism that makes tech platforms pay for news. here is our correspondent in sydney. >> this is a big deal for a number of reasons. the fact that these are two empires signing off on a deal where news corps, which frankly controls a huge chunk of the media market in australia, now has come to an agreement with facebook, is quite significant. we don't know the number, but we can hazard auess it will be a significant amount. news corps control about 70% of the newspaper circulation, sky news australia, news corps.com, and all of that is shared widely on facebook. that is quite significant. it is significant because of the context of it. the ongoing fallout that has happened ever since australia said it was even proposing this legislation. katty: scientists in iceland are bracing themselves for a volcanic eruption after they recorded tens of thousands of earthquakes in two weeks. this amount of activity can be an indication and eruption is imminent. those scientists are unable to confirm when it

one cannot ignore the murdoch and news corp rupert murdoch's media empire has long been headquartered in new york but his news outlets remain even more influential in the land of his birth than they are in the u.s. or the u.k. murdoch's sky news astray and the country's only national daily the australian helped get prime minister scott morrison into office morrison would like to stay there which may explain why the law has been passed and why some of the fine print reads the way it does we have one of the most concentrated media markets in the world and governments know that if they fall foul of nice call they could face very serious political consequences so i think government is interested in making sure news corp remain happy and this is a proposal that they support and that has proven people in the government seeking to action this just in one but made up is very important. you know he was one of the 1st advocates for this kind of reform you know it's working. skating thinking about music but it's worth noting that the actual idea for this card from the competition regulator has r

others who was working at a plant owned by the 2 news corp more than 1500 workers they were. infected with cause it including some of his colleagues the speeches of the facility would take in the form of the outbreak. mephitic a cinch and i was scared to tell you the truth i knew that the virus was dangerous and i was and i was right in the middle of it at work. when you're carrying around a 50 kilograms slab of meat you can't keep a social distance so everyone was in close contact with each other and we had to keep working i was so scared that i felt sick i told my boss that i wanted to stay home i also wanted to talk to a doctor from michael he said you're not going anywhere. a few days before the plant was forced to close alberto moved out and went back to romania but his wife continued to work as long as she could. i. i left because i was so afraid of getting sick will never be with my wife wanted to stay to keep earning money despite the risk to her health and i. may even manias who work in the german meat packing industry have gone to eric mcconnell for help then why di

albert who was working at a plant owned by the 2 news corp more than 1500 workers they were infected with coverage including some of his colleagues east. peaches the facility would take in the form of the outbreak. mephitic a cinch and i was scared to tell you the truth i knew that the virus was dangerous and i was and i was right in the middle of it at work. when you're carrying around a 50 kilogram slab of meat you can't keep a social distance so everyone was in close contact with each other and we had to keep working or i was so scared that i felt sick i told my boss that i wanted to stay home i also wanted to talk to a doctor from michael he said you're not going anywhere what it is. a few days before the plant was forced to close out those who moved out and went back to romania but his wife continued to work there as long as she could. i. i left because i was so afraid of getting sick will never be with my wife wanted to stay but to keep earning money despite the risk to her health and i. mean even manias who worked in the german meat packing industry had gone to eric mcconnell

few days to manage to find jobs for himself and his wife at a meat packing plant owned by the 2 news corp. we've come to the bavarian town a striving to meet eric mcconnell a romanian citizen who works for nonprofit human rights organization mcconnell advises romanian migrant workers on their legal rights and he says he's been flooded with calls from people who need his help. mcconnell says the working conditions for many remains in germany are atrocious he provide some examples. the myth about the development for the arbeit nick are some companies have threatened these workers seem in for a fake are public with information about the business they're fired right away and they don't get paid out before the middle man of one of many of the workers live in housing that the company provides just out in and if they cause trouble and that tossed out onto the street before. that's what happened to our battle he was fired and he and his wife were forced to leave the company housing for. 3 days the couple slept in the woods mcconnell has heard lots of these stories in when asked what it is or not

facebook has reached a deal with rupert murdoch�*s news corp in australia to help fund itsjournalism two empires, basically, signing off on a deal where news core, which controls frankly a huge trunk of the media market here in australia has now come to an agreement with facebook. it�*s quite significant. we don�*t know the number, but we can hazard a guess that it�*s going to be a significant amount, news corp controls about 70% of newspaper circulation here. they own sky news australia, and all of that is shared by the on facebook. if they�*re getting paid for that, that is quite significant. of course it�*s significant. of course it�*s significant because of the context of it. the ongoing fallout that has happened ever since australia said it was even proposing this legislation... scientists in iceland are bracing themselves for a volcanic eruption after the island recorded tens of thousands of earthquakes in two weeks. this amount of activity could be an indication that an eruption is imminent, though scientists are unable to confirm when exactly it might happen. our europe corres

and welcome back news corp and facebook have come to terms on a deal for news content in australia weeks after the nation's government passed a law that would require tech companies to help cover the cost of journalism news corp said tuesday it had reached a multi-year agreement with the social media site that covers regional and major news publications the media company now has paid deals with facebook google and apple to provide access to its content meanwhile on the social media front russia will block twitter in one month unless the social media company removes ban content reports citing the nation's communications regulator moscow said last week it would slow down speeds of twitter inside the country for failure to remove specific banned content deputy head of the regulator said twitter could avoid being blocked within the country if it deletes the offending content which it says includes child pornography and material on illegal drugs and child suicide and with the surge in interest rates and the rebounding economy the spotlight is on the fed this week the big question is when will

australia and this involves facebook giving news corp. money.easons. the - corp. money. this is a big dealfor a number of reasons. the fact - corp. money. this is a big dealfor| a number of reasons. the fact that these are two empires basically signing off on a deal where news corp who controls a huge chunk of the media market in australia has come to an agreement with facebook, it is quite significant. we don't know the number but we can hazard a guess that it will be a significant amount. they control about 70% of the newspaper circulation here, they own sky news australia, they own new stock conduct a you. and if they are getting paid for that on facebook, it is significant because of the context of it. the ongoing follow—up thatis context of it. the ongoing follow—up that is happening ever since austria said it was proposing this legislation, facebook and google have spoken out against it a number of times and then we had that big fall out and pick dispute when facebook watch news here in australia and we all woke up and thought our phones w

that stock has been rallying nearly every day he's buying into strength, not weakness news corp up 30%uying 12 million this week, and that's the third biggest buy. stock 2, a 13 1/2 million dollars buy by a board member of wayfair, this board member owns a tono of shares a bullish move and that's not even the most the most insider buying this week is a $15.3 million buy at pipeline firm enterprise products partners. epd. board member randall williams buying nearly 678,000 shares, and get this, and this sounds good, williams receives $300 million per quarter as a dividend into the family trust this is the reinvestment of their dividend money wow, must be nice. there's your top five insider buys this week some big names, big dollar amounts. dominion, adt, news corp, wayfair, and enterprise products, some of the biggest numbers and the biggest names that we have seen. and why should you pay attention to all of this you don't have to but an equal weighted basket of all the names that we have been bringing on this segment since the middle of last year is up 21% year to date, outperforming t

murdoch's news corp.k both threatened to withdraw| their business entirely, rather than breach what they said . was their business model and the open internet, i google eventually came - to the table and struck some one—on—one deals with my company, with news corpl and seven our arrival. and facebook was playing i footsie with the companies. it was negotiating all - the time, up to the minute, where it said, "no, we're going to pull out of australia." - as of this morning, i still can post on my facebook page i and each news links- was up, so facebook... i come back to the government and said, "if you make some i minor changes to this code which is basically more - mediation time then we will restore news pages." - and so that is the - situation at play now. i should just trust that under this code, if the tech - companies don't negotiate - their own deals with the media companies it would go to arbitration. - so the tech companies will be forced to it notjust pay sums| of money, the actual. sum would be

news corp. s reached a three-year agreement with facebook to provide access to news and information through the facebook news product. shery: thousands of women rally in cities across australia monday, anchored by the government's handling of rape allegations in parliament house. the issue had dented the prime minister's policy. -- prime minister's popularity. we continue to see this growing backlash against prime minister morrison. what is the latest? >> it is great to be with you. what has been happening in the streets these past 24 hours can only be described as politically charged and very emotional for thousands of australians. what it could signal as a reckoning in the way of sexual harassment and systemic issues. on monday, thousands of women rallied across australia to protest against sexual violence and print -- and specifically scott morrison's handling of two rape scandals. there has been a growing backlash against his handling that a former government staffer was raped by a fellow sta

the world with a very large share of their publishers being owned by rupert murdoch's company and news corps and that's just not the case in germany i mean we already have several big players here signing on very excited about about the cooperation so while watching spring and seeing what they do will be interesting it's unlikely to turn into the same kind about it we saw in australia christine help us understand this complicated relationship between news organizations on the one side and tech companies on the other side yeah sure so you can imagine before the internet before we had platforms like facebook publishing and news and reporting with it was funded a large part by advertisement in in magazines and newspapers and in print now these companies have really struggled with the transition online largely because a lot of the advertising revenue has gone to platforms like facebook who is making money from clicks from sponsored posts so they're really looking for a new funding model on how how do we how do we fund news how do we fund publications so these this new this new set up is an attem

. —— news corp australia. ubersaid content. —— news corp australia.children's mindfulness videos to help combat stress around online learning, social distancing and screen time. canadian researchers are developing an exoskeleton that uses ai developing an exoskeleton that uses al to see and react in real—time. where other assistive systems typically use manual control, this combines computer vision and deep learning to adjust movements in relation to its surroundings. from two legs to four, this robot in norway is using machine learning to shape shift. destroyed's limbs can be short, stable and slow, or tall, fast and nimble, for example to step over objects. sensors and camera vision informative decisions by tracking and analysing its terrain. and finally, a russian firm is helping robots to look more human. the robot maker showed off its new department dedicated to making realistic robot skins. the r&d arm houses polymer specialists, artists and 3d model is. it's getting harder to tell who is a robot and who isn't. —— modellers. now as we saw earlie

so we think new corp. is the industry leader here in this country, and it's a natural choice.going to be as much as $3 a share at a $65 stock. is there any fly in the ointment? watch the tariff situation. that might be the only fly in the ointment. charles: yeah. those tariffs aren't going to go away. that's nue, it has been killing it. a lot of times it's been the number one pot in the s&p. hey, 30, 40 seconds. money's pouring into this market. 62% of the people are going to save it, put it in the market. why is it struggling so much? i heard what you said earlier with the first question, but how do we pop out of this? how do we break out? >> well, certainly, you know, i think there needs to be a little sedation with the rise in the interest rates. i think that's going to give people a little bit more confidence that, in fact, the punch bowl won't be taken away prematurely. of course, the other thing is jerome powell is trying to stimulate the economy. we've got the stimulus. talking about taxes tomorrow -- [inaudible] if we pull back on that, we're going to be better. charle

new corp is making a fortune they will be in smoke stack heaven okay, i'm excited. best of all.w core's stock is cheap. it sells for eight times earnings a lot of stocks say, the younger cohorts are selling at 80 times sales. it's got a 2.2% yield. that said the analysts projected that the earnings will take a big hit, but i think they will be forced to raise the estimates. i think they are wrong and the number one determiner of the stock prices are the estimates and the analysts don't give it the credit it's due. here's the bottom line as much as i love to see a major infrastructure package, you need to be careful when you are playing the theme. there's a chance the bill will stall in the senate and even if it passes the government forgot how to build things so it takes forever to get these bills off the ground that's why you want these stocks that will continue to grow no matter what is happening in washington, which we know cannot be counted on. and ahead, my red hot interview with a ceo, about the grow generation is the retail trading army signaling retreat. today, i took a

news corp has a global deal with google. this deal is not about news corp first and foremost.he whole industry itself, from the largest to the smallest, or particularly the smallest, are in a subservient -- deeply subservient relationship to two companies that have opinion allowed to grow and dominate their spaces with completely hands-off approach from the government for too long, and we need an answer now. >> yeah. i get your point, and i think they are picking out the right answer is what we need to be doing. the mr. travis, finally to you. mr. raskin in his questions suggested that sort of criticism and condemnation is the same as cancel culture. i value robust and unlimited criticism like north carolina republican party censure of senator burr for his impeachment vote, for the revulsion of kathy griffin of holding a dis-mohammed head from the president but isn't that different than destroying someone's career or livelihood in retaliation for a particular view? >> i think that's a well-put question. to me cancel question is the difference between i disagree with you becaus

is back even though the average closed ugly at the end and if you want the poster child, look at new corp. it keeps roaring tacked on another 3% gain despite the collapse at the end of the session when they gave the interim quarterly guidance which is how they tell you how they're doing, they earn $3 to $3.10 per share. that's much higher than wall street looked for. if they can deliver, this will be the best quarterly earnings number in history and with the stock trading at barely more than eight times earnings, this could have a lot more room to run. let take a closer look with leon, the president and ceo of new core to get a better sense where his business is headed welcome back to "mad money." >> thank you for having me, jim, how are you? >> i'm happy because i've been a supporter since the '80s as gold man man sacks. how are they doing so well with what is going on with the pandemic >> we have the most amazing team in the world, jim. a little bias but our 27,000 men and women are committed to serving our customers, serving shareholders and taking care of business but the other piece

facebook has reached a deal with rupert murdoch's news corp to license news in australia the agreement comes 3 weeks after the australian government passed laws that require digital giants to help cover the cost of journalism displayed on their platforms and used deal follows a similar agreement with google last month. chinese tech stocks have fallen off the regulators find a dozen companies over what they called monopole istic practices tense and shared $60000000000.00 in market value while alibaba signaled may have to sell off some assets under the crackdown. and the e.u. has launched a legal action against the u.k. over an alleged breach of the northern ireland protocol it's a major part of the brics a deal which aims to avoid a hard border between northern ireland and the republic of ireland. talent state owned power utility wants to promote renewable energy with floating solar plants currently renewables account for about 15 percent of the kingdom's electricity makes by 2036 this share is expected to more than double. floating solar parks each one the size of 10 soccer fields and

alberto was working at a plant owned by the 2 news corp more than 1500 workers they were infected with coverage including some of his colleagues beast. pictures of the facility would take in the form of the outbreak. because finch m.f. i was scared to tell you the truth i knew that the virus was dangerous and i'm always and i was right in the middle of it at work. when you're carrying around a 50 kilograms slab of meat you can't keep a social distance so everyone was in close contact with each other and we had to keep working i was so scared that i felt sick when i told my boss that i wanted to stay home i also wanted to talk to a doctor for michael he said you're not going anywhere. a few days before the plant was forced to close alberto go down and went back to romania but his wife continued to work as long as she could. i. i left because i was so afraid of getting sick will never be with my wife wanted to stay to keep earning money despite the risk to her health and i. may even manias who work in the gym a meat packing industry had gone to eric mcconnell for help then why did the co

other time managed to find jobs for himself and his wife at a meat packing plant owned by the 2 news corp. we've come to the bavarian town a striving to meet eric mcconnell a romanian citizen who works for nonprofit human rights organization mcconnell advises romanian migrant workers on their legal rights and he says he's been flooded with calls from people who need his help. mcconnell says the working conditions for many remains in jail many are atrocious he provides some examples. because by the development for the hour right now are some companies are threatened these workers seen in for a fake are public with information about the business they're fired right away and they don't get. really fundamental men of warning many of the workers live in housing that the company provides dished out in and if they cause trouble that tossed out onto the street before the hours that's what happened to al battle he was fired and he and his wife were forced to leave the company housing for. 3 days the couple slept in the woods mcconnell has heard lots of these stories in one office but it is or not

intent of the data provided by them astray or forced facebook into a commercial deal making it pay news corp us trulia for journalism from its local mastheads but only after an ill tempered fight in which facebook inadvertently shut down some of vital information services in australia. on the side of over and for cement in doing so some content was blocked inadvertently even in the united states where facebook is widely viewed as a mass mind control tool in the hands of political establishment is taking steps to limit its reach for these books user profiles would allegedly reveal an individual's likes dislikes interests and habits over a significant amount of time without affording users a meaningful opportunity to control or. and the unauthorized exploration of their private life some say the big tech has replaced big oil as the global corporate power play up except it controls not only the money but also information streams and whether its concerns about snooping censorship or monopoly practices the raw signs that the global mood could be turning on the online giant but it won't go down wi

news corp. and fox news parent company, fox corporation share common ownership. down thousands of pages in australia. the first major media outlet. they set fees if companies failed to do so. prince philip is back at windsor castle. he spent a month in the hospital during which she was treated for an infection and underwent a heart procedure. the 99-year-old husband of queen elizabeth the second released a statement thanking his medical team. just some of the other stories "beyond our borders" tonight. we'll be right back. ♪ ♪ s here's andy listening to my goals and making plans. this is us talking tax-smart investing, managing risk, and all the ways schwab can help me invest. this is andy reminding me how i can keep my investing costs low and that there's no fee to work with him. here's me learning about schwab's satisfaction guarantee. accountability, i like it. so, yeah. andy and i made a good plan. find your own andy at schwab. a modern approach to wealth management. it's an important time to save. with priceline, you can get up to 60% off amazing hotels. and

as a professional relationship not only with the pentagon press, other members of the washington news corpbut with news man who cover military activities around the world. >> what about your public displays of military equipment at state fairs and shopping centers for what purpose does that serve? >> i think it serves the purpose of informing the public about their armed forces. the idea is the american public has a right to request information about the armed forces to a speakers come before them, to ask questions and to understand the need for our armed forces, why we ask for the funds that we could ask for, how we spend these funds, what are we doing about such problems as drugs? and we do have a drug problem in the armed forces. what are we doing about the racial problem in the armed forces? and we do have racial problem. i think the public is valid right ask as these question. >> is that sort of information about the drug problem and the racial problem and the budget problems you have, is that the information that gets passed out date there's by soggy to her standing next to rocket? >

keep an eye on news corp. as well. after it clinched a second deal in a week. publisher for $349 million. this, as proof of a plan to develop natural gas, which could see a new wave of investments open up in australia. this will see the -- the existing gas facility. shery: we will watch those stocks as the market opens in sydney. this is bloomberg. ♪ so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. ht and asking themselves, "why can't i lose weight?" for most, the reason is insulin resistance, and they don't even know they have it. conventional starvation diets don't address insulin resistance. that's why they don't work. now there's golo. golo helps with insulin resistance, get

other than to manage to find jobs for himself and his wife at a meat packing plant owned by the 2 news corp. we've come to the bavarian town a striving to meet eric mcconnell a romanian citizen who works for nonprofit human rights organization mcconnell advises romanian migrant workers on their legal rights and he says he's been flooded with calls from people who need his help. mcconnell says the working conditions for many of our main ins in chamouni are atrocious he provide some examples. we talk about that event and for the hour right nick are some companies have threatened these workers seem in for a fake are public with information about the business they're fired right away and they don't get out before the moment of warning many of the workers live in housing that the company provides work dished out in and if they cause trouble tossed out onto the street before. that's what happened to alberto he was fired and he and his wife were forced to leave the company housing that. 3 days the couple slept in the woods where kano has heard lots of these stories in manassas but it is or not the

the deal covers all of news corp australia�*s material.e highlights of the racing calendar, with more than 60,000 people descending on cheltenham for day one of the festival. a year ago the crowds caused controversy because of the covid pandemic,and this time it�*s got underway behind closed doors. laura scott report. the cheltenham festival is one of the main shop windows for horse racing. that role takes on new importance this year, with the sport on a recovery mission. ten days ago, top irish trainer gordon elliott was suspended after a distressing image emerged after him sitting astride a dead horse. with racing authorities warning of an existential crisis, many here hope the festival can promote a more positive side to the sport. we know that racing will pull through this in the four days ahead, to actually look at the wonderful equine welfare that is here, and throughout the racing industry. there are a few vantage points where people will be able to catch a glimpse of the action. local police will be patrolling, however, to ensure n

. >>> before we head to break, news corp struck a deal for users in australia to have access to the contenthis was passed by the australian government to compensate publishers. >>> the crackdown on the unruly airline passengers the airline will keep the zero tolerance policy in place as long as the mask mandate is in effect. >>> and a runway judge to help elevate the fashion journals will oversee the scoop in assembly brands as creative orwi ehae" "wlddexcng returns in just a moment. ay. pd-l1. they changed how the world fights cancer. blocking the pd-l1 protein, lets the immune system attack, attack, attack cancer. pd-l1 transformed, revolutionized, immunotherapy. pd-l1 saved my life. saved my life. saved my life. what we do here at dana-faber, changes lives everywhere. everywhere. everywhere. everywhere. everywhere. i'm a verizon engineer, part of the team that built 5g right. the only one from america's most reliable network. we designed our 5g to make the things you do every day, better. with 5g nationwide, millions of people can now work, listen, and stream in verizon 5g quality. and i

i still like steel companies, new corps, specialty kind of steel. u.s.ed at 28-month highs today, hot roll coil prices are at 20-year highs. i still think masco, which is building materials, has not had the kind of run that's representative of some of the infrastructure but where these checks are going on the consumer level? they're going to home depot and lowes. i think these are stocks that have not only pull back, consolidated, but what we'll see in terms of the margin, both these companies have invested in their digital platforms and in their businesses and i think it's going to come out in the next couple of quarters of earnings >> speaking of the consumer, coming up, break out the credit cards, time for shopping sprees retailers could see a flood of spending, when "fast money" returns. you need a financial plan that fits the way you want to live in retirement. a plan that can help grow and protect your money. now or in the future. with an annuity in your plan to help cover essential expenses, you can live the retirement you want. the right financia

news corp. a giant to share news in australia from key players including the australian national newspaper. this agreement coming after the australian government passed a law that requires companies like facebook and google to pay publishers for content. news corp. did reach similar deals with google and apple already. fox business and news corporation do share common ownership. taking a look at the big names in the premarket, all of them up. apple up 1%. those are some of your headlines. jackie: cheryl casone, thank you so much for that. meantime, a lot of the focus here is on what's going on abroad in china and the crackdown there by the administration. secretary of state anthony blinken and defense secretary lloyd austin stressing the importance of pushing back on china's aggression. on their tokyo visit, their first overseas trip since taking office, this comes ahead of blinken's meeting with his chinese counter part this thursday. joining me now, gatestone institute senior fellow and author

news corp. says it has reached a three-year deal with facebook on news access in australia.ludes the country's only national newspaper. it follows a similar agreement in the u.s. where news core publications are paid for access for stories to facebook news. netflix's crackdown on password sharing is sparking questions among analysts about how it will impact its market share. market shares have underperformed on the nasdaq 100 for months. analysts say the move may boost revenue a could also dampen pricing power. it might also increase the risk of users shifting to other streaming services. the philippines larger restaurant operator is looking for opportunities amid the covid pandemic. the fast food chain is planning to open 450 restaurants around the world. the ceo expects earnings to return to pre-covid levels by 2022. >> we are open to acquisitions because with the pandemic, we ended up with a stronger cash position. we are open to opportunities, especially during pandemic. we received more inquiries. shery: coming up, u.s. secretary of state antony blinken and defense secr

w we saw this played out in such a big global way in australia where a company the size of news corp. tried to challenge this and literally the tech companies threatened to take their marbles and go home and leave the entire country with no search engine losing the biggest platform. that didn't work as regulators across the world started to look. it is the philosophy of the bill to have an eve on - - even playing field. >> it is a very important bill it's important to even the playing field and it is important for us to look ahead and how we reconstruct the entire marketplace from the founding of this country advertising has a fundamental role to create the environment where the free press can operate. advertising doesn't depend on government handouts or publishers and journalist not to depend on philanthropy and to be free thinkers to say what they want and that advertising should be attached to publications not captured or diverted by the intermediaries. gatekeepers, chokepoint corporations, they exploit their power and steal other people's money a starve our democracy. >> senator l

scott budman has more on the new resilience corps. >> reporter: our partial recovery has left a lot of young people behind. >> a lot of places had to slow down a lot of stuff, pan. >> i applied to so many different places. >> reporter: san jose politicians say they get it. >> we know the divide has widened between those who proos per and those who struggle. >> reporter: and now the resilience corps banding together to help young adults find jobs in a time of recession and pandemic. >> our youth are in the battle of their lives. they're reeling from underinvestment, the consequences of redlining the challenges of a digital deaf identify. >> reporter: all hard to fix in a down economy. >> there's just not as many people working, because, you know, you can't go in and order, and there's just less business overall. >> reporter: if approved by the city council next week, the goal will be to pair young adults with jobs focussed on addressing two major issues, the pandemic and climate change. most importantly, they say the jobs will offer a living wage with health been fits to candidates in t

green except for communication services dragged down by those media stocks, viacom cbs, discovery, news corpn, though, for the week but really erased some of those weekly losses in the final week of the trade we're down on the nasdaq for the week for the zs&p 500 up 1.5%. the russell finished down 3% after getting clobbered a few of the trading days this week. >>> coming up this hour, the ceo of snowflake and president of salesforce on how an economic reopening will impact the future of the cloud and the future of work. >>> plus, amazon feeling the bern today senator bernie sanders set to visit warehouse workers in alabama this hour, as they fight to unionize. we'll bring you to that live as it happens. >>> chris verone, sylvia jablonski still with us. gregory branch joins conversation welcome to all of you, sylvia, to see a close like that where we really saw this strong run-up after some indecisive trading where technology underperformed as we've been accustomed to at the end of a week going into a holiday shortened trading week, what does it tell you? >> it tells me it's very promising. i

we should cancel despair but start thinking about real opportunities with real companies like a new corponey," i'll be watching anyway. >> restoration harbor, hr i got it. >> good thursday morning once again, i'm david faber with morgan brennan, carl has the morning off. let's give you a quick look at the markets half an hour into trading at this point, kind of bouncing around, but down, and not sharply but as jim and i spoke about in the last hour, the damage has been perhaps more significant than would be apparent from the movement in the broader averages let's get to our road map. astrazeneca, revising its efficacy data, after facing accuracy questions. >>> the fate of a massive container ship blocking the suez canal, complicating global trade. why it could take weeks to move and what that means for the world's busiest waterways. >>> and keeping an eye on shares of viacom, the stock has tumbled 30% just over the last two sessions. >> you're watching that closely. we're going to start with more trouble on the vaccine front the role of astrazeneca's covid-19 front meg tirrell has those