and venus williams will pair with celebrities for a charity termit put on by talent management company i m g and facebook gaming maria share povo is even going to come out of retirement if that's what you want to call it for this event which will feature commentary from tennis legend john mcenroe some of the celebrity partners include supermodel jihad dede and f l star hopkins and d.j. steve aoki the winner of the event will receive $1000000.00 to donate to the charity of their choice while the other competitors will be given $25000.00 each to donate to a charity the tournament will be broadcast on facebook gaming's home page on sunday steve what do you look at forward to most in this big tennis match i mean i know where i'll be on sunday afternoon now and i'm looking for i've got to say john mcenroe's commentary he's a loose cannon you never know what he's going to say and also seen maria sharapova come back out one more time absolutely would be great to see her be in some of these big names again and say what might actually happen you never know it's fun and these are the times we live i

i )m - -... mrs. walker. michael vasquez! come over here. i've heard such good things about you, your company. well, i wouldn't have done any of it without you. without this place. this is for you. michael, you didn't have to... and, we're going to need some help with the rest. you've worked so hard to achieve so much. perhaps it's time to partner with someone who knows you and your business well enough to understand what your wealth is really for. >>> new at 11:00, a new study shows that people with particular conditions are at a greater risk of developing complications from the coronavirus. researchers say patients with covid-19 who have diabetes, high blood pressure, or are obese are all at greater risk. the study focused on 5,700 people in the new york city area. that study was published in the "journal of the association." >>> experts believe animals can get the virus from humans. this comes after the cdc confirmed positive cases in two separate pet cats in new york state. in the first case no one in the house had tested positive for covid-19. but in the second case the cat's owner tested

launched such a ssion since the space shuttle program was retired i 2011, but it won' nasa rocketsofrather those spacex, a private company founded melk. now, the largest cluster of covid-19 cas in the u.s. has pped up at a meat processing center in soh dakota. mo than 770 infections have been linked to the smithfield foods operation in sioux falls. the company has shut the plant down, citing worker safety. south dakota is one of the few states that has not issued lockdown measures for its citizens. the bbc has written about this for our website a has more. correspondent: so this smithfield foods pork producing plant had its first confirmed case of coronavirus on march 26. they had 80 cases by april 9 so at was quite an explosive growth, and many people are asking why was the plant not shut down was the first case came out on the 26th? i wanted to answer that question and speak to as many workers as i could. i spokeboo half dozen current and former employees and their families, and they re telling me is they were not being given proper protective was confirmed.r that first case if they were given equipment, it was inadequate. for e

i i think france is becoming more e of a s start u p nation- and that's a great wonderful thank it allows- onto. this start the companies here and stay in france andnd- joe. itit'll the m mentors in te a. in silicon valley or in london so i think that's a very good thing hopefully will be sustained- and it's somethiningi think for this younger generations millennial generation they're used to this and- i think that's if france can- keep them in france it'll be good for the french economy so it seems like a work culture is changing it herere in france will havave to see whahat happes in the years to come thank you so much a could play. for being our guest here on construction costs. meals of course are sacred here in france a and that includes during working hours recent studies say the french takes s some of the longest lunh breaks in the world you're absolutelyly right genie for a majority of french people take more than thirty. minutes for their lunch break during the working week in a lot of them take a lot more than that so. it's more than other countries for instance in the united states of the uk. where most people take less than a half an hour and because of thi

i wish they would do that. that would be a sign of a pulse besides giving credit to companies that we're surprised are getting credit >> no doubt if we were to suddenly see m&a where one company says hey, i have confidence in my future, enough i want to buy you, and they have enough confidence in where the market is now or they feel like whoever the seller is, that they need to sell, that would be a positive sign. i'm not picking that up. the bankers i'm speaking to i'm speaking to plenty during the course of the day, all from their homes, they're talking to their clients. they're talking about what the future will look like. most of them not sure what that is they are expecting that there is going to be a wave of consolidation of some kind, certainly the weak needing to go, needing to sell potentially. right now, no. and it's funny there's a lot of different reasons, whether it's volatility in the stock market, not being able to really determine what an adequate price is, whether it's perhaps worries in the financing market, even though that doesn't seem concerning. there's one key reason, when you do a deal, you still need the two principles at some poin

that we would work with the state commissioner to try m,to get and i know he is aware of the situation, to put pressure on the insurance companies to t fulfill at lethe obvious parts of the policy coverage. certainly for civil authority. and then it would goto the federal level. >> reporter: and we did talk with the state insurance commissioner's office as well. the said they are tremely concerned about the coverage gaps. he has also asked insurance companies to provide data on commerciup business inteon related to covid- 19. so, behave you involved in this personally? have you filed your own claim at this point? and how are your staurants doing? >> my restaurants, unfortunately, close. they are too small neighborhood restaurants. they are dying in. it did not ma sense for us financially to do the delivery. although i don't know if you have seen, but today we just annoced ththe city of san francisco is capping the delivery fees for the restaurant commissions at 50%. fothe duration of this emergency declaration, which will be super helpful in helping restaurants stay open. who are doing delivery only. that is amazing. my restaura

m. company he they laid off about 600 to 1,000 employo s. i will als, as well, probably laid off. so this is going to hit me dramatically e're the frontline worke and we were the first ones to go and i think we'll be the last ones to go back. >> reporter: laid-ofon skycap joseph travers, father of four. >> my concern is once this is all over there's gonna be millions of people out of work. and there's only gonna be so many jobs because companies are losing money. they're not gonna want to bring us back and it's scary. it's a scary situalyon for any fa >> reporter: also left out of the federal responseo the airline crisis: the grounded public. >> it's frustrating to have to be going to your gate, and your gate sayit's canceled. and the next flight is six hours away, and then you wait that six hours and that one is canceled. >> reporter: and if you're canceled? >> they're really avoiding any commitment tgive a refund to anybody. >> reporter: sign language interpter betty colonomos had paid thousands for flights to teach five upcoming seminars. she's refunding her customers. but she

i came here today. >> i.t. companies from the u.s. and other parts of europe are already recruiting and operating in romania. now japan is joining this trend. >> recruiting in romania mn wewe can get highly skilled engineers at good labor costs. many other countries, including china or south korea are also looking at romania. so the global competition is heating up. >> with such talented and eager i.t. professionals coming out of eastern europe, japan is joining a tough competition to hire them. >>> bulgaria and romania have since declared states of emergency due to the coronavirus pandemic. employees at the sega studio are working from home, while the recruiting firm has suspended operations. both countries belong to a region known as the silicon valley of europe. it's hoped the talented people there will eventually pick up where they left offff to shape e area's future after this extremely testing time. >>> it's no secret that southeast asia is one of the most rapidly developing regions in the world. but amid the boom, laos has found itself lagging. recently, there have been positive signs as young entrepreneurs work to change people's lives for the better. >> in t

isolation ♪ cell in the winr ♪ whileissing m freeze ♪ take the weather man ♪ and blow him away ♪ hey hey ♪ love is a dert ♪ and i need to ra ♪ youre so od at ♪ keepinge companyopath ♪ ♪ your role models in thery ♪ ♪ you must b real far gone ♪ you are relating to a psychopa ♪ ♪ it ner adds up when you ♪o your math ♪ you are relating to a psycpath ♪ ♪ yes'm real far ge ♪ you'reelating to a psycpath ♪ ♪ oh a psychopatm demented ♪ ♪ my minds bend' ♪ my brain is twisd ♪ psychopath ♪ youre relating to psychopa ♪ ♪ you re mod is in erapy ♪ ♪ y must be rl far gone ♪ you are relating to psychoth♪ ♪h a psychoth [cheers a appuse] >> kelly: all rig! welcomto "the kelly clarkson show"! give it up for my band! [cheers and applause] all right, s hopefully whoever requested the son is not a psychopath. where is jules. hey, jules what's u i love tt sg. why do y le thatong? >> differ diff. weere at the wld of harry potter filming at something at the unirsal uds of hollywo. i wasryin

bank i waso cute m zoos says it wt from 10 million users last year to nearly 200 million by last month. >>as the pandemic pushed more people online and while they werefocused onthe influx. the company says it quote fell short on privacy and security expectations i mean the kids are already gog through a >>coming us om home. >>and then this and that. >>it's crazzoo now says there are several ways yocan protect your meetings never publicly share the personal meeting i only allow signed invite and lock the meeting down completelyto outsiders once everyone is in colleges across the country, some of them are on the brink fincialcollapse scores of lleges are refunding money to students for housing and dining and a parking that's after campuses osed la month but college leaders say even campuses are going to reopen is fall, there is concern a lot of students will not return. they believe the economic downturn believe ny americans unable to affd tuition. they're also expecting heavy losses among international students. coming up the lateson thnumber of coronavirus deaths in new york. and the major companies offering free hotel rooms to health care workers. and what engineers at the best wa

companies that are not using them. mr. cuomo: it would be a slow day if i didn't get sued,th buti want to sue me for borrowing access they'vees l let's go. >> as fears mnted, a nao sent a memo -- a navy captain sent a memo pleading for help. he was fired for his efforts. the pentagon said he created panic and showed poor judgment. crewmembers cheered his judgment. they gave him a hero's sendoff as he left theenhip. a diffkind of casualty in a different kind of war. bbc news, washington. laura: forut more on theeak in the u.s., i am joined by a physician from massachusetts general hospital. thank you for being witus. here in new rk city, we are aboutfo run out o ventilators. what is the situation in boston? >> i am atncerateful a mildly embarrassed that here in boston we are among theuckier. our hospital has not been exhausted -- yet exhausted our supply of ventilators, although there is impatience from our governor thats suppl of n95 masks and other personal protective equipment is on the way. the kraftamy, jonathan kraft in particular, arranged the delivery of 1.2 million n95 masks to boston hospitals yesterday. i think right now we are ok. however,

i mean it certainly seems to me if you thought there was a problem beforehand, then you're worried with m&a and big companies buying smaller companies, you're more worried about it now with some of those big companies being relatively healthy and the smaller companies potentially not. but there could be some unintended consequences to freezing or shutting down this type of activity there are companies that would very much like to be bought up by a larger company, particularly in tech. >> absolutely. what we're seeing right now, whether talking about private equity companies like sick ka mour or large companies like boeing, people are pulling out of deals they want to use that capital to pay workers to run plants and what have you. shutting down m&a activity entirely is throwing the baby out with the bath water. we're seeing a decline in m&a, the agencies are continuing to watch what's going on, merger enforcement is continuing a pace, it doesn't make a lot of sense to shut down merger activity entirely. >> commissioner phillips, one of the parts of the proposal from senators warren and representative ocasio-

i would like to see the net being widened by local authorities to include businesses that are based...m local authorities to include businesses that are based... it has been revamped following criticism. but this woman's tech company and says that three banks have tended to stand because it is not yet profitable. entrepreneurs cannot innovate their way out of this alone. they need support from the government. otherwise, we need to look at changing all of our plans and making significant cuts. make no mistake, the support packages by the government are huge, and complex. they are designed to protect millions of people's incomes. but the list of people who say they have not been able to get support is much longer than what we have mentioned here, and those who cannot say that they need to make sure the money gets to them as quickly as possible. one of the many unknowns is how much of this can be prevented. we are just getting figures now from nhs england who have announced 667 recorded deaths of people who tested positive for covid—i9. that brings... of those 667 deaths announced, ii3 occurred on the brings... of those 667 deaths announced, 113 occurred on the 12th of april, while the others took place between the 1

you looked at a presentation about m&a, and the idea has been floated that perhaps uber eats and doordash should merge. would you sell to a company like uber? tony: i at this point in time, this is a moment much bigger than business. in terms of where i spend all of my time, all of my time is really spent on making sure that we are driving as much business as we can and getting economic relief to merchants, that we are keeping dashers safe, and we are bringing food to communities that needed the most. emily: still, you did recently file paperwork to go public. i know at one point you were considering a direct listing. the health of your business ultimately is the bottom line. can you tell us how this has impacted those plans and what it means for the financial security of doordash? tony: doordash has always been a business that first and foremost made sure that its customers, dashers, and merchants are taken care of. if we continue to do that, especially in a pronounced pandemic like today, we will be fine on all fronts. of doordash,u, ceo thank you for joining us. coming up, we will be talking to the chief technology officer of microsoft. how ai a

i can face anything with my olay. >>> president trump ordered companies to begin manufacturing much needed medical quiequipmen including n-95 masks and ventilators. one of the companies is 3-mesident trump is taking to attack 3-m specifically. we hit them hard today after seeing what they were doing with their masks. jeremy diamond and our julia chatterley. >> why such animosity towards 3-m. >> that's right, according to officials i have been speaking with. for days the trump administration had been pushing 3-m exec tiutives to provide mo of supplies of n-95 masks. everything from arguing they had export restrictions that white house's lawyers found in valid and they had foreign business relationships they did not want to jeopardize. it came ahead yesterday when jared kushner and peter navarro two of the top officials handling the supply chain issues and this case involving 3-m. they went to the president and says look, it is time to use the defense production act to compel 3-m to ship tens of millions of more of n-95 masks abroad. the extent to which this administration is increasingly acting with a sense of urgency as you are seeing of the shortages of crucial protective

companies in an advantaged position. that is a reasonable hypothesis, although it seems a little early to expect the m&a activity, a distressed purchase to happen. tom: one more question before i go on and start your day. there is a massive shift in share buybacks. everybody is showing that. fearis overplayed, this that share buybacks is a dominant factor in a great bull , iset, that it drifts away it overplayed? ronald: i think share buybacks contributed to the rise in the markets. there was the tina trade, there is no alternative. with global interest rates even lower for even longer, i think once we get through this crisis, and it is too early to call when , but once we get through this there will be meaningful upside in equities with or without share buybacks. we will see how deep the earnings trough is, but once we see earnings increase we will see good upside even as companies are not buying stock. tom: ron temple, greatly appreciate for you to be with us today. one of the great fortunes of bloomberg television and radio as we have people that decide they want to specialize. guy johnson has been doing that for years. i use to make jokes that he would do anything to get t

company out of the meeting going to my own 90. m. of you got the money the money the money and then let me have a negative then later when. i. may go to the mood i know when i look you up. with a you know what. you wanna. look at. me. i want us out of there you're in the part i don't know what to. say. i don't bottle or to go over there let me buy them i am not here but it is going to them be careful. we do it. when i meet meal susanto for the 1st time he still doesn't have a license telling him which section of the beach he is allowed to use. his fishing anyway though. after all he needs to provide for his family and pay his $12.00 employees. as a kid meals wife mary was santy experienced 1st hand how her parents were driven from the fisheries off the coast of nigam bow about 200 kilometers south of her new home . she knows what happens when the hotels start popping up. 7 or 10 galloping up and he nodded maybe to have ended up coming in and out of that not only and what that on and up lemme think that would happen advocate and of us not that bad but not that ended up happening is a lot of other. gazi is a sleepy village on

i couldn't. >> tucker: that's infuriating. today, thank heaven the president and pope to the defense production act to ban further mask exports and he singled out the company mor specific criticism. watch. >> we are not happy with 3m beard were not happy. and the people who dealt with that directly or not at all happy with 3m. we will see whether or not we do. i heard what he said today. i don't know the gentleman but we are not happy with 3m. >> tucker: earlier today, the ceo of 3m went on television to deny that his company has done anything wrong. >> the idea that 3m is not doing all it can to fight price gouging and unauthorized reselling is absurd. we have increased our production, as you said, by millions and millions and we are bringing more respirators in from china. we are net importing into the u.s. and we've been telling the administration for days and days. it's important, david, that you understand, we are more than happy to shift our overseas production to the u.s., but there are going to be consequences on a humanitarian level as we are the sole and often the sole provider of those respirators in countries around the world. >> tucker: peter na

m or a mask of any material, wear it when you leave your house. at work we all wear masks. i never go outside without a mask to protect others demand your company make employees and customers wear masks. i want to embarrass those who don't. we can't open america for business without them. go to twitter and show me your mask tuesday morning we featured america and pfizer last time merck posted a confusing picture of a newly configured call. pfizer is working on a co-vid vaccine. they've been playing it close to the vest i've been hearing good things but also from johnson & johnson and regeneron, and a sanofi alliance we have -- trimming the fat here if that's true, you get a good quarter even though we know the ad business is not great because of small medium. alphabet is hit after earnings and then recuperates if you like this, put on half a position after then there's starbucks. people are worried about this. they assume it's crushed by the pandemic i say not so fast. starbucks is doing everything it needs to survive in the united states you don't buy it for near term performance. you buy it for long-term performance. try to think a little bit

i see our business getting stronger every day. >> excellent, that's great news. david gibbs is the c.e.o. of yum brands, y-u-m. when the smoke clears there won't be many companiese of them. "mad money" is back after the break. these days, it's anything but business as usual. that's why working together is more important than ever. at&t is committed to keeping you connected. so you can keep your patients cared for. your customers served. your students inspired. and your employees closer than ever. our network is resilient. our people are strong. our job is to keep your business connected . it's what we've always done. it's what we'll always do. ♪ ♪ >>> we know the packaged food is on fire. people all over the world now feel compelled to keep their pantries well stocked. we've seen the empty grocery store shelves. yesterday campbell published bullish data from iri. that's the market firm wall street swears by in the four weeks ending april 19th, meals and beverage up 34%. snacks 16% campbell soup up 41. prego pasta sauce 49 pepperidge farm cookies 28 kettle brand chips 45. 44.5 only goldfish experienced a decline. maybe supply problems. everybody loves goldfish e

i do think that events like this, albeit, out of sort of business control, at least opens up opportunities for some investment from private industry, consolidation, m&a we know that there are companiest there that sort of look at strong brands, but within what you would call a broken company, if it's sort of broken operationally, but the brand itself is strong and there could be some opportunities to buy the intellectual property. so i do think we're going to ultimately see that happen i think the concern is just, it happening so much to so many, all at once. and then the ripple effects there, or even missed opportunities to have those purchases, those acquisitions, those mergers, because frankly, it's just so messy and it's happening so quickly >> no, that's a great point. courtney, thanks we appreciate it it will be interesting to see what happens courtney reagan there. >>> coming up, from time savers, time creators. that's what one industry watcher says will be the next big tech theme for investors. he'll tell us what he means and which names to watch, right after this >>> welcome back morgan stanley ceo speaking with cnbc saying he sees the coronavirus induces recessions lasting

[video clip] trump: i love the sterilization of the masks. ohio company, you can sterilize the myou can sterilize that mask for up to 20 times. think of that. up to 20 times. we are throwing them out. they are very expensive masks. they are throwing them out. i kept saying, one of the first questions asked to dr. fauci was , why aren't they sterilized or cleaning the masks because i didn't -- nobody else knew it either. now, we have a company, and i guess a number of companies, one in ohio, a great one, that makes equipment where you can sterilize a mask up to 20 times. >> what about the public? should we be wearing masks? trump: a lot of. people don't like it some people don't like it because you are taking it away from . . i don't see why -- some people don't like it for other reasons. i don't see why it hurts. it doesn't have to be a mask, it can be a scarf. i don't see where it hurts. i think frankly, if people wanted to do it, we don't want to do anything that is going to take masks -- you are talking about a tremendous amount of masks -- we don't want to take them away from

m. and it's a c.e.o. mike roman i just spoke with him and i thanked him for getting it done and mike was very happy to get it done great company so we're getting 166500000 masks and mostly that's going to be for our frontline health care workers ok that's 3 am thank you 3 and i also want to thank apple one of the many great american companies that stake into that you are leapt into action today apple announced that it is now producing plastic face shields for health care workers at the rate of $1000000.00 per week $1000000.00 and these are the shields that you see on television quite a bit and they're at the highest level of quality and safety we're grateful as well to sales force which has donated 48000000 pieces of personal protective equipment including masks gowns suits and face shields so thank you very much to sell spores i urge all of our nation's governors to ensure that the massive deliveries that we've made to your states over the past few weeks are distributed as quickly as possible. so again we're working very well with the governors now they may see you and say ah we're not happy but they're very happy in the phon

i can tell you nothing is more important than making sure they have what they need. so in order to increase the supply of m-95 masks, fda worked with industry and has now authorized two companies who will supply machines to sterilize m-95 masks. fema is purchasing on behalf of u.s. government, 60 sterilization machines. and they will be positioned around the country to increase the amount of supply of m-95 masks. each machine can sterilize 80,000 masks per day. and we hope to actually increase that further. the vice president and the white house task force challenged us yesterday and we responded as a team, fda issued revised guidance regarding the laundering of gowns because gowns are another issue in terms of supply that we're looking forward on. this is not something that normally happens around the country. but issued this guidance. it's on our website now at fda. so if there is information about how hospitals can do that to increase the supply. we've heard concerns that maybe hospitals may not want to do that because of regulations and i can -- happy to tell you that we have worked on this, certified providers and suppliers who follow fda guidance as poefrted on the websi

companies being beaten down. time to be right perhaps engaging in some m and a activity? do you actually need to do that anyway in order to stay competitive? >> it to speculate on any activity but the way that we it is regardless of whether good times or bad times, you build a really solid foundation. we're very lucky to have secured a group.s we are in a position to execute it. as long as we can make sure that and oureep our drivers partners afloat during these times and help them, i think we will have the support not only from obviously the investors but importantly, the customers and the drivers and the partners. remember how we treated them. and i believe that we're going to be in the best position to take advantage of it. much indeed.very that's the gopay c.e.o. joining us there. talkingre going to be about softbank and its hard landing. historic loss, where did it all go wrong? you're watching bloomberg. ♪ ♪[music] >> we're back, looking at softbank shares, which went into afterkyo lunch break, higher after an initial drop on the open. the group is forecasting a operating loss for the financial year. this all comes after the empire forced

companies or tech startups. the markets are opening up. they are creating more options. i will also say this. variedt environment is a one. oftentimes for investors like ourselves, mough the narrative. you do see some of these happening. many of these conversations are happening. unicorns would actually make the acquisition. in times like this. jixun foo, we thank you so much for your insight today. plenty more to come. how bad things could get for china's aviation sector. still well below virus levels. more to come. this is bloomberg. ♪ yvonne: they are joining the optimism we are seeing in the markets on this wednesday morning. we are seeing, up 6/10 of 1%. really extending the gains we saw yesterday. there was prospects that perhaps the indian government was proposing some help for small and medium businesses as there are plans to restart the economy. some optimism. 76.18.is the india 10 year yield around 6.14 at the moment. airlines and oil majors set to report. let's bring in sophie kamaruddin in hong kong with a preview. how much of a drag are going to see with oil -- talk about the loyal oil prices? ? what are we expecting? sophie: in petro china, first qua

which is only one tenth of what they believe will be the cash flow i m pa ct what they believe will be the cash flow impact on the companybusinesses. i understand the point he makes about the sector in his constituency. we have made changes to the loan scheme, principally to make it quicker to access. 12,000 lives have now been approved and i know that the chancellor is looking very carefully ——12,000 loans. the chancellor is looking very carefully and all of those who are not directly benefiting from this particular scheme to make sure that in the round we are providing the measures that we need in a targeted way to support all of the different, crucial elements of the economy. james sunderland. mr speaker, one of the most striking features of the past few weeks has been the way in which so many public, private and volu nta ry which so many public, private and voluntary organisations have let themselves out of shape to deal with themselves out of shape to deal with the pandemic. could i please ask the first secretary to join with me in commending the remarkable resilience initiative and split of the british people, and

i think first just to quantify it. if you look at the consensus earnings estimate over the next year for the energy sector in m sci or world, it is for a decline in energy sector companyse to 40%. as expectations are as bad you could probably guess. -40%,t that background of for u.s. energy companies the consensus is that earnings are going to decline by over 65%. so, a major setback for the energy sector. why do we have oil prices where we are? obviously, last week we had that extreme. wti was trading down at -$40 a barrel. i think obviously a number of factors. the first is the lack of storage. whether that is in pipelines or storage tanks or supertankers. i think it is quite interesting that supertanker rental rates are very elevated indeed. there is the scramble for storage when there is still too much surplus supply. factor is this drop in demand in april and may. brought estimates are the demand has probably fallen by over 20 billion barrels per day. that is why the opec-plus areement and i would call it tentative agreement with g20 on cutting back or curbing production. it obviously was inadequate. in addition, you also have to look at the selling of oil future

the world that i occupied for a long time now who are advising clients, they're not talking at all about m&a opportunities, they're talking about the balance sheet. even those companies that you may think are looking fine or already raised capital or suspended their dividend, they're still just thinking about survival it's what they're seeing in front of them that worries them so much. it's important to keep that in mind as we watch the equity markets here perhaps only down 15% from the high when we open today. nonetheless, you have a lot of companies that are not looking towards the future with anything in terms of any sense of brightness >> let's say you're the federal reserve. do you want macy's to go under is that more important or less important than carnival? carnival, which was a principle purveyor of covid-19, killed a lot of people. macy's hasn't killed anybody should we give macy's a loan and help them out? or are we limited? i've gotten quite cynical. when i read that carnival piece, your eyes glaze over now everything is so cynical i wonder why carnival gets the backing of the federal reserve after being an actor that i think we could all question, and ma

financial crisis because a lot of banks and companies like where you are, are better capitalized but i can imagine you got to be pretty nimble. i can't imagine ma activity will drive your business any time soon. what will you be doing for customers, you mentioned liquidity. what else? >> i think the first thing is liquidity as we talked about in terms of that nature the other thing worst noting is the investment grade bond market which has seen a record week, record month and record quarter with over $250 billion worth of issuance companies that are able to take advantage of the investment grade bond market are trimming their debt albeit the rates have gone up a bit, people are looking for safety and soundness ensuring they have cash on their balance sheet. we've seen some small equity issuance, not big but small equity issuance and seen the high yield markets and leverage loan market get slightly better. again, the focus is on ensuring that the balance sheet works, liquidity is there right now in every situation. and from an m and a standpoint i think we've hit the pause button and it will be a while before this returns because people will ne

machines, i will be very clear, having spent years in the laboratory, the and the 8800 machines abbott m-2000 are the machines that run between 500 and 1000 assays at a time. the abbott companyorked really hard three weeks ago in getting one million tests out there to be utilized, and they can make a million tests a week for all of have theseories that platforms. so far to date, somewhere around 200 50,000 tests have been utilized in three weeks. that is why we have been appealing to the laboratory directors to bring all those machines. last week dr. fauci and his incredible team of researchers agreed to reach out and find and abbottroche high-throughput machines. they are in research, doing critical research, to bring them online to separate -- supplement the other laboratories, to create a mosaic and complete strategy that brings the high-throughput. forms with the medium-throughput that forms with the low-throughput but rapid id now, which won't be the answer to number of tests we will need over the next few weeks. those run a test every 15 minutes, and we can get about 55,000 cartridges and day -- cartridges per day. i just got done saying these other machines, of which

m coronavirus and the exposure of those patients, nadra ahmed? it is, it‘s very emotional. and i think up and down the companyaff quite rightly saying, we don‘t wa nt to staff quite rightly saying, we don‘t want to do the job if we haven‘t got the equipment, because they‘ve got their own families to think about. we‘ve got one provider who has paid £8,500 for ppe for one week, and that will last them one week, because they‘ve got covid—19 patients in the service. that is unacceptable. we‘re paying vat on ppe, when the nhs was given an exemption very early on. and whilst we absolutely support our nhs colleagues, they are a sister service, it seems absolutely ridiculous that social care isn‘t treated in the same way. we are looking after the most vulnerable. cani looking after the most vulnerable. can ijust looking after the most vulnerable. can i just say, looking after the most vulnerable. can ijust say, you‘re at looking after the most vulnerable. can i just say, you‘re at the sharp end of this, and the department of health has given a response when it comes to funding, and it says... we have delivered 7.8 mi

i heard what he had to say today. we are not happy with 3 m. go ahead. >> earlier in the day 3 m criticized the white house for previously asking the company to stop sendingmasks to canada and latin america which largely depend on 3 m. the ceo pushed back on the president's suggestion that the company was involved in price gouging for the masks which are desperately needed by hospitals and first responders across the world. but the white house trade advisor peter navarro who is leading up the defense production act told tucker carlson he is not si sympathetio the company's complaints. >> the other idea out there that 3 m is not doing all it can to fight price gouging and unauthorized reselling is absurd. we are doing everything we can to fight covid-19 and support the healthcare workers here at home. >> stop whining and just produce masks. get them to the american people. 3 m has been doing nothing but dissembling. you can't get any data out of them. >> 3 m says it's already ramped up production overseas and now received permission to export 10 million masks from its factory in china to come here to the u.s. back to y'all. pete: garrett, thank you very mu

i now have no salary and is not the best time to be looking for a job right now. sole director of ltd co m pa ny a job right now. sole director of ltd companyylj ltd company this man hoped the scheme would apply. i do not have a premises. the payroll scheme applies but in incredibly limited way. if i do not take it and furlough myself, the business is still likely to fail. this tiny caterer is in the same position. i do face the reality i may not be able to keep my business going. i would like to see the net being widened by local authorities to include businesses based in mixed used buildings. the business interruption land scheme has been revamped following criticism but this tech company, headbutt supply issues in asia says three banks have turned it down because it is not yet profitable. we are facing significant liquidity prices. we need support from the government. otherwise we need to be looking at really changing all our plans and making significant cuts. make no mistake, the support packages are huge, unprecedented and complex and attempt to help as many firms as possible survive and protect millions of incomes but the least of tho