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May 5, 2020
05/20
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kristina: very concerned. see in the united states, in some states, could be a premature rollback of lockdown measures. , as we follow the health statistics closely. worry, notave to just about a second wave in the fall, but a resurgence in the coming weeks, because of the disparity in measures between states, and of course, the possible premature of rolling back of locked on measures in some states. the positive side of this is, if we don't see any kind of significant uptick in infection rates, that will likely encourage other states and foreign governments to rollback measures sooner. shery: kristina hooper, thank you for joining us, invesco chief global market strategist. the pandemic has most of the world working from home, but the bank of montreal thinks it may not be a temporary trend. we will discuss the latest. this is bloomberg. ♪ shery: this is bloomberg markets. i'm shery ahn in new york. we have breaking news. t aree hearing uber and lyf being sued by california officials. or missia is suing them c
kristina: very concerned. see in the united states, in some states, could be a premature rollback of lockdown measures. , as we follow the health statistics closely. worry, notave to just about a second wave in the fall, but a resurgence in the coming weeks, because of the disparity in measures between states, and of course, the possible premature of rolling back of locked on measures in some states. the positive side of this is, if we don't see any kind of significant uptick in infection...
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May 10, 2020
05/20
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jon: kristina coleman from los
jon: kristina coleman from los
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kristina partsinevelos joins us now with those details. kristina?was a billion dollar deal with so few details until late last night when i received the 42-page contract between california and chinese electric carmaker byd. up until two months ago the firm switched from making auto parts to creating ppe supplies, masks and ventilators. the fda has approved the company but anytime a mask arrives from china on to american soil it still needs further approval, which is why california rushed to go buy these n95 masks and the most recent news we're hearing, there has been a delay of millions of masks causing california to be refunded $247 million. governor gavin newsom of california says it is the wild wild west when it comes to securing a deal to get the n95 masks because so many states are competing right now. why he has been so hush-hush about the billion dollar deal. what we do know the financially embattled state agreed to pay $3.30 per n95 mask. if you compare it to a u.s. supplier, let's say 3m. they're charging as little as 63 cents a mask. calif
kristina partsinevelos joins us now with those details. kristina?was a billion dollar deal with so few details until late last night when i received the 42-page contract between california and chinese electric carmaker byd. up until two months ago the firm switched from making auto parts to creating ppe supplies, masks and ventilators. the fda has approved the company but anytime a mask arrives from china on to american soil it still needs further approval, which is why california rushed to go...
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May 3, 2020
05/20
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he learned about the virus in the state that is hardest hit on this disease, greg. >> yeah, kristina, dr. larry works as both a hospital doctor here in the bay area as well as coicially in southern california. he says he got to see first hand what many of us have been fortunate not to see as the continues to ravage lace places like new york city. >> the number that i watch every day, which is the the worst is the number of deaths. that number has remained obnoxiously and terrifyingly high and it's still not dropping at the rate we would like to see it drop. >> it is incredibly unique virus, i've never seen anything like it. >> bay area doctor spent the last week helping to save weeks in the bronx. one of the things he witnessed was how quickly the virus can take hold when he helped a patient. >> we had one patient who was admitted to the hospital and didn't even have covid-19, he was there for other reasons, psych reasons and then all of a sudden in the afternoon his breathing is just went into the tank. >> though the respiratory system has been seen as the most vulnerable area. he s
he learned about the virus in the state that is hardest hit on this disease, greg. >> yeah, kristina, dr. larry works as both a hospital doctor here in the bay area as well as coicially in southern california. he says he got to see first hand what many of us have been fortunate not to see as the continues to ravage lace places like new york city. >> the number that i watch every day, which is the the worst is the number of deaths. that number has remained obnoxiously and...
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May 11, 2020
05/20
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FBC
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kristina.orter: it is a good one if you don't want anymore pits or elbows in your ribs or crowd surfing. less than 250 people will be allowed to partake in the first-ever social distancing concert. this is being hosted by life nation and live nation is putting forward very strict restrictions. firstly you have to buy tickets in fan pods. there will be two and 12 seat clusters. they will be grouped six feet apart. the venue will normally hold 1000 people but operating at 20% capacity. as fans enter the building they have to get their temperature checked, wear a facemask. fog sprayers will sanitize the venue. bathrooms, 10 at a time. they may be able to pull it off with high ticket prices but what about smaller guys? over 1000 of independently owned venues across the united states come together to form the national independent venue association in order to lobby funds from the government. but having their venue filled at a fraction of the capacity may not be realistic. listen in. >> reality of it
kristina.orter: it is a good one if you don't want anymore pits or elbows in your ribs or crowd surfing. less than 250 people will be allowed to partake in the first-ever social distancing concert. this is being hosted by life nation and live nation is putting forward very strict restrictions. firstly you have to buy tickets in fan pods. there will be two and 12 seat clusters. they will be grouped six feet apart. the venue will normally hold 1000 people but operating at 20% capacity. as fans...
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May 20, 2020
05/20
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kristina partsinevelos is with us with more. kristina? we know e-sports, the rise in e-sports is coming and there's really nothing we can do about it. like you mentioned, you are seeing u.s. consumer spending on video games increase almost 10%. that's almost over $10 billion in the first quarter alone of this year. sony has more than doubled its subscribers from a year ago on play station now which is its gaming cloud subscription, i should say, then you also have microsoft xbox live that has nearly 90 million monthly active users in the month of april alone. a lot of it has to do with the pandemic, of course. its shares of game publishers that are also up too since the lockdown including take two interactive. they are set to report after the bell today. we are expecting revenue, the street is expecting revenue to increase by 20%. the stock is up over 3% today. they are the owners of grand theft auto and there's a game that is very very popular because epic games, a retailer, offered a version of grand theft auto for free very recently, a
kristina partsinevelos is with us with more. kristina? we know e-sports, the rise in e-sports is coming and there's really nothing we can do about it. like you mentioned, you are seeing u.s. consumer spending on video games increase almost 10%. that's almost over $10 billion in the first quarter alone of this year. sony has more than doubled its subscribers from a year ago on play station now which is its gaming cloud subscription, i should say, then you also have microsoft xbox live that has...
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May 20, 2020
05/20
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kristina, this is serious change we are spending on this stuff, huh? kristina: yeah. could say that maybe the two of us are contributing to it but i'm assuming you're not a gamer, but we can talk about that later. the rise of e-sports is here and there's nothing we can really do to stop it. it is one of the fastest growing markets in the world and for the first quarter of this year, you saw a nearly 10% jump in consumer spending. that's u.s. consumer spending on video games. that's over $10 million in the first quarter of this year alone. you are seeing sony that has more than doubled its subscribers from a year ago and play station now which is a cloud gaming subscription service, microsoft xbox live, maybe some of the viewers watching right now play that. they have hit nearly 90 million monthly active users in april alone. a lot of that has to do with the pandemic. so these companies are cashing in on all users, with a lot of these micro transactions. that's when you buy in-game virtual items like swords or coins that can be purchased by players. >> used to be physi
kristina, this is serious change we are spending on this stuff, huh? kristina: yeah. could say that maybe the two of us are contributing to it but i'm assuming you're not a gamer, but we can talk about that later. the rise of e-sports is here and there's nothing we can really do to stop it. it is one of the fastest growing markets in the world and for the first quarter of this year, you saw a nearly 10% jump in consumer spending. that's u.s. consumer spending on video games. that's over $10...
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May 26, 2020
05/20
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FBC
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kristina partsinevelos is following that phenomenon right now. kristina? you have heard a lot of restaurants had to use delivery apps to continue serving customers throughout the pandemic. the problem is for many of them, their margins are razor-thin so now the restaurants are starting to rebel against those fees charged by delivery companies. take, for example, grub hub. they have a fee for service model. you can opt in. we take a look at this taco bill example we set up for your show, you can see additional fees for marketing, payment processing, delivery and that could add up to about 30% on top of every single bill. even though the app does help restaurants reach new customers, and profit payments, it costs a lot. listen in. >> five years ago we started at 12.5%. that was our initial commission they were taking. now we're at 26% and cannot lower it. if we do lower it, we are not going to get any orders. kristina: the more you pay, the higher up in the app that you are, much like google so if you pay very little for marketing, you will be on page 12. we
kristina partsinevelos is following that phenomenon right now. kristina? you have heard a lot of restaurants had to use delivery apps to continue serving customers throughout the pandemic. the problem is for many of them, their margins are razor-thin so now the restaurants are starting to rebel against those fees charged by delivery companies. take, for example, grub hub. they have a fee for service model. you can opt in. we take a look at this taco bill example we set up for your show, you can...
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May 27, 2020
05/20
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kristina, thank you. connell. connell: let's move on to the story, melissa we hope to spend the rest of the hour covering, and that is the launch of this historic first manned mission from nasa working with together with the company spacex, elon musk's company. now it is 4:08 on the east coast. the launch is supposed to happen at 4:33. as we bring in phil keating in cape canaveral. the big question all day long, would the weather cooperate with that time frame? phil, how are we looking? reporter: well, we're looking so far this mission has not been scrubbed. so all systems a go right now. depends on the weather right at time of launch which according to the countdown launch here is 24 minutes and 55 seconds away. everybody is very excited. it is really reminiscent of those space shuttle launch days with the astronauts leaving the crew quarters and waving to the crowd saying good-bye to their families for one last time for a while. these two gentlemen, the astronauts, bob behnken and doug hurley are supposed to lau
kristina, thank you. connell. connell: let's move on to the story, melissa we hope to spend the rest of the hour covering, and that is the launch of this historic first manned mission from nasa working with together with the company spacex, elon musk's company. now it is 4:08 on the east coast. the launch is supposed to happen at 4:33. as we bring in phil keating in cape canaveral. the big question all day long, would the weather cooperate with that time frame? phil, how are we looking?...
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May 26, 2020
05/20
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kristina: okay. first i want to set the scene. the fact that it is bustling, there's lots of people out, lots of people looking to buy food. but like the restaurant you just mentioned, the greek one right in front of me, they have to rely on delivery apps and this restaurant owner says he is tired about how high these fees, some up to 30%, they are charging by a lot of delivery apps like grub hub. listen to what he had to say. >> we cannot operate with 25%, 26%, 28% commissions flying out the door. if you are less than 15, we can work with that but that extra 10%, 11%, 12% makes a huge difference. kristina: a lot of these fees have to do with marketing and commissions. a lot of cities are capping the fees. in new york city, it's about 20%. seattle, washington, d.c., it's 15%. but grub hub does not like this at all. they said they oppose the fees, the cap on the fees, i should say. they say that city officials have overreached. they believe they are providing a service and a lot of restaurants can pay into it if they want to market
kristina: okay. first i want to set the scene. the fact that it is bustling, there's lots of people out, lots of people looking to buy food. but like the restaurant you just mentioned, the greek one right in front of me, they have to rely on delivery apps and this restaurant owner says he is tired about how high these fees, some up to 30%, they are charging by a lot of delivery apps like grub hub. listen to what he had to say. >> we cannot operate with 25%, 26%, 28% commissions flying out...
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kristina? reporter: i know.ow officials are finding a huge, significant number of these n95 masks that fall below standard. n95 masks are supposed to filter out 95% of airborne particles. however the national institute for occupational safety and health tested about 67 imported masks and they found 60% of those masks did not block out 95% of airborne particles and that is affecting front line workers. including rich mckinnon who has been a firefighter the past 24 years in massachusetts. he said they received faulty masks as as all his teammates but they have nothing else left to use. listen in. >> some departments i feel are going to have to use these masks in a front line response which is very concerning to us. it will put our members at risk. it is going to increase our members getting exposed to the virus. it will increase our members getting sick. reporter: states are rushing to fill the gap and get masks for their front line workers which is why they're importing them. you have california spending almost a
kristina? reporter: i know.ow officials are finding a huge, significant number of these n95 masks that fall below standard. n95 masks are supposed to filter out 95% of airborne particles. however the national institute for occupational safety and health tested about 67 imported masks and they found 60% of those masks did not block out 95% of airborne particles and that is affecting front line workers. including rich mckinnon who has been a firefighter the past 24 years in massachusetts. he said...
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May 21, 2020
05/20
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FBC
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kristina partsinevelos on a trend that's going to be pretty noteworthy. kristina? kristina: yeah.y residents might be out for good, whether it's the smaller living spaces, the dense population, the crowded subways. a lot of these city dwellers are worried about their post-covid future, especially for their childr children, which is why there's been a slew of inquiries about enrollment in rural areas. take a listen. >> the hamptons are an example as are the connecticut relocations and into upstate new york that mirror how people will be dispersing out of cities and looking outside to relocate to rural areas. kristina: here in new york city, parents are worried about whether school is going to start in the fall, are you going to have it online, is it going to be staggered schedules, one day off, one day on in order to keep desks separated as well as buses half empty. i spoke to one mother who doesn't want to go on camera and she pays roughly $55,000 for a private school here in manhattan. she said later today, her daughter has a zoom interview with a school in north carolina. new yo
kristina partsinevelos on a trend that's going to be pretty noteworthy. kristina? kristina: yeah.y residents might be out for good, whether it's the smaller living spaces, the dense population, the crowded subways. a lot of these city dwellers are worried about their post-covid future, especially for their childr children, which is why there's been a slew of inquiries about enrollment in rural areas. take a listen. >> the hamptons are an example as are the connecticut relocations and into...
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May 28, 2020
05/20
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kristina partsinevelos with that. hey, kristina. reporter: retail back in the spotlight.. consumer spending will increase as the economy reopens and two major u.s. dollar store chains are reaping the benefits. first, dollar general, their earnings blew it out of the park. based on strongest sales in the past quarter in the past 14 years. the company says the strength has to do with shift in consumer behavior. we're on hunt for more affordable items, essential items and we want it now. dollar tree says they will increase the store count. they plan to open 500 stores just this year alone. as we hunt for cheaper items, the obvious thing would be shopping online. often we think of amazon. however i spoke to one retail expert who said amazon may not be the winner after all of this. listen in. >> online was winning until price gouging. now it is moving to online bricks and clicks. omni channel, kristina, with people buying online and picking up in store versus uniquely buying online. reporter: he also went on to tell me that we could see an uptick in spending on clothes. not be
kristina partsinevelos with that. hey, kristina. reporter: retail back in the spotlight.. consumer spending will increase as the economy reopens and two major u.s. dollar store chains are reaping the benefits. first, dollar general, their earnings blew it out of the park. based on strongest sales in the past quarter in the past 14 years. the company says the strength has to do with shift in consumer behavior. we're on hunt for more affordable items, essential items and we want it now. dollar...
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kristina partsinevelos has been looking into that.na: first, it was apple, then google, now global consulting firm price waterhouse cooper has launched an app to help stop the spread of covid-19 in the office using digital contact tracing. the app uses indoor geolocations to monitor the time and proximity of employees interaction at work. for now, the employees who have covid can opt into the app and i was told from pwc that if you turn off the app, they will be notified but it's not just about apps. you have thermal and a.i. cameras that are gaining in popularity in work environments. smart vid software can detect if you are not wearing a face mask or if you are not social distancing with co-workers. the goal is to maintain a healthy work environment. >> it's not about being a gotcha. it's not about being police or surveillance state. it's about getting more data about what's happening around a whole bunch of things that we as people don't even -- wouldn't even think to look for. kristina: surveillance is necessary to stop the spread
kristina partsinevelos has been looking into that.na: first, it was apple, then google, now global consulting firm price waterhouse cooper has launched an app to help stop the spread of covid-19 in the office using digital contact tracing. the app uses indoor geolocations to monitor the time and proximity of employees interaction at work. for now, the employees who have covid can opt into the app and i was told from pwc that if you turn off the app, they will be notified but it's not just about...
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May 13, 2020
05/20
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FBC
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kristina, thank you very much. >> exactly. thank you. neil: buffet thing. to kristina's point, there are a lot of businesses step back, all right, we're getting clearance to do this, we're not necessarily sure we want to do this. this is case of number of state has opened up where they're allowing gradual capacity measures to get restaurants opening up. not everyone is seizing on it. fred castelucci knows the industry well. he has a hospitality group he heads up. he knows what he speaks here. fred, it is interesting, isn't itit a number of businesses health off on this. i guess they want to see how it goes. i don't know if it goes beyond georgia. update me what you're seeing? >> it is extremely challenging. there is a lot of factors that go into the decision. not just government policy can tell you to reopen the business when it will go back to normal. the customer has a large say in this. we just did a survey of our customers. we had 4500 responses. people were eager to tell us their opinion. only 11% of customers said they were ready to dine back right aw
kristina, thank you very much. >> exactly. thank you. neil: buffet thing. to kristina's point, there are a lot of businesses step back, all right, we're getting clearance to do this, we're not necessarily sure we want to do this. this is case of number of state has opened up where they're allowing gradual capacity measures to get restaurants opening up. not everyone is seizing on it. fred castelucci knows the industry well. he has a hospitality group he heads up. he knows what he speaks...
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May 22, 2020
05/20
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FBC
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we've got kristina partsinevelos with more on that. kristina?be the busiest time of year but there's a lot of tough restrictions for memorial day weekend. i'm kristina partsinevelos in rye, new york. coming up after the break, we look at how tourism is hurting, the lack of tourism, i should say, is hurting local businesses. that's next. so i listen to audible almost any time that i can. it's my own thing that i can do for me. since i don't have time to read, i mean i might as well listen. if i want to catch up on the news, or history, or learn what's going on in the world, i can download a book and listen to it. i listen to spanish lessons sometimes to and from work. yea, it makes me want to be better. audible reintroduced this whole world to me. it changes your perspective. it makes you a different person. see what listening to audible can do for you. confident financial plans, calming financial plans, complete financial plans. they're all possible with a cfp® professional. find yours at letsmakeaplan.org. they're all possible with a cfp® profe
we've got kristina partsinevelos with more on that. kristina?be the busiest time of year but there's a lot of tough restrictions for memorial day weekend. i'm kristina partsinevelos in rye, new york. coming up after the break, we look at how tourism is hurting, the lack of tourism, i should say, is hurting local businesses. that's next. so i listen to audible almost any time that i can. it's my own thing that i can do for me. since i don't have time to read, i mean i might as well listen. if i...
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May 22, 2020
05/20
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FBC
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our kristina partsinevelos, thank you very much. have fun at the beach. >>> dow jones industrials are down. let's get the fox business brief. >> zoom is taking a major steps in its efforts to snuff out zoom bombing. they announced a draft design of an end to end encryption offered at -- offering aimed at blocking hackers from entering users' chats. zoom facing major backlash amid the stay at home movement after a rash of uninvited chat intrusion. the covid-19 crisis also creating storm clouds for hewlett-packard enterprises. the provider unveiling a 1 billion dollars cost-cutting plan after missing both quarterly earnings and revenue estimates due to pandemic disruptions. on the flip side of this, lulu lemon is having a sweet day looking to move past the outbreak, more than 150 of the popular ath leisure brands store fronts opened worldwide with another 200 set to back on-line in the next few weeks. up next, toilet paper not the only thing flying off the shelves during a lockdown. after the break, logitech ceo tells liz exclusively
our kristina partsinevelos, thank you very much. have fun at the beach. >>> dow jones industrials are down. let's get the fox business brief. >> zoom is taking a major steps in its efforts to snuff out zoom bombing. they announced a draft design of an end to end encryption offered at -- offering aimed at blocking hackers from entering users' chats. zoom facing major backlash amid the stay at home movement after a rash of uninvited chat intrusion. the covid-19 crisis also creating...
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May 16, 2020
05/20
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. >> thank you, kristina. >> thank you, kristina, and i should say i'm a longtime fan of larry and his work, and also a fan of this book, and you're in for a treat when you read it, but larry, let me start off by saying, it's strange obviously to begin a book tour as you are with this remote -- but it's incredibly in keeping with this book. how else do we get to pin talking bow but book beaut pandemics except in the middle of a pandemic. >> it's really weird. people ask me about it and i say it's very strange but it is really strange. it's not anything i ever anticipated. i did think that we would be facing a big pandemic one day. i didn't know what day. and the fact it is today is a total coincidence. >> so when this -- when did you begin to talk to publisher and say, you know, i've done a little research about this situation that we're headed for, when did you realize you were going to be publishing in the middle of a pandemic? >> well, the chinese made their announcement new year's eve if you remember and i was -- i was alert because i remember sars and howed began in china and they
. >> thank you, kristina. >> thank you, kristina, and i should say i'm a longtime fan of larry and his work, and also a fan of this book, and you're in for a treat when you read it, but larry, let me start off by saying, it's strange obviously to begin a book tour as you are with this remote -- but it's incredibly in keeping with this book. how else do we get to pin talking bow but book beaut pandemics except in the middle of a pandemic. >> it's really weird. people ask me...
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kristina partsinevelos has more from right here in manhattan. kristina.orter: i'm in oceana right now. this is an upscale, white table cloth restaurant and like you mentioned we are not just open just yet but you have states across the country slowly allowing restaurants to reopen. here in new york city they're still waiting for official guidelines when the reopening could happen. it could be weeks away. meantime a restaurant like this one here, they have been closed since mid-march. i spoke to the managing partner who said how vital the ppp loans have been to his business. listen in. >> it would have been extremely difficult to survive without ppp i think some restaurants will naturally close with all of the financial pressures but restaurateurs are re"alien." others will come into the marketplace that open up restaurants. it is smaller mom-and-pop restaurants you hate to see be pinched out of it where so much creativity has taken place over the years. reporter: ppp standing for paycheck protection program. even though they have not received guidelines t
kristina partsinevelos has more from right here in manhattan. kristina.orter: i'm in oceana right now. this is an upscale, white table cloth restaurant and like you mentioned we are not just open just yet but you have states across the country slowly allowing restaurants to reopen. here in new york city they're still waiting for official guidelines when the reopening could happen. it could be weeks away. meantime a restaurant like this one here, they have been closed since mid-march. i spoke to...
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May 30, 2020
05/20
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kristina: thank you.e, nasa astronaut chris cassidy will be ready to welcome them on board. he had this message for them. ♪ >> hello everyone. chris cassidy, commander of expedition 63 on the international space station 250 miles above the earth. i'm excited about today's launch and the possibilities it will ring to america -- bring to america and the world but also that two close friends are joining the group. i had the privilege of flying with doug hurley on our first shuttle missions in 2009. we helped construct the amazing facility that it is today. although this will be my first mission with bob, it was my honor to follow him as chief of the office when he left in 2015 to begin training for this mission. i have been very fortunate to spacecrafts, launching from america on the shuttle and recently from kazakhstan. what i can't tell you how exciting it is to know that we are once again launching americans from the coast of florida. finally here's a story i would like to share with you. in 1981 john you
kristina: thank you.e, nasa astronaut chris cassidy will be ready to welcome them on board. he had this message for them. ♪ >> hello everyone. chris cassidy, commander of expedition 63 on the international space station 250 miles above the earth. i'm excited about today's launch and the possibilities it will ring to america -- bring to america and the world but also that two close friends are joining the group. i had the privilege of flying with doug hurley on our first shuttle missions...
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May 27, 2020
05/20
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FBC
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kristina partsinevelos has more on all this.ristina: and all the children out there, big and small. but yes, you had sea world and disney present their reopening plans to a florida team, they were approved that sea world will reopen on june 11. then you have disney that's going to be opening magic kingdom on july 11th. so little bit later. on the call, he did promise that the goal of keeping it as magical as possible. what should park goers expect? you will have to wear a mask at all times. you have to get your temperature checked. there's going to be a lot of contactless payment, specifically with sea world, you will have to use sanitation on your hands when you get on the ride and when you get off the ride. and there was a statement in the presentation saying according to the cdc quote, there is no evidence that covid-19 can spread to people through water used in pools, hot tubs or water playgrounds. proper operation and disinfection of pools, hot tubs and water playgrounds should kill the virus. that means all the water stuff
kristina partsinevelos has more on all this.ristina: and all the children out there, big and small. but yes, you had sea world and disney present their reopening plans to a florida team, they were approved that sea world will reopen on june 11. then you have disney that's going to be opening magic kingdom on july 11th. so little bit later. on the call, he did promise that the goal of keeping it as magical as possible. what should park goers expect? you will have to wear a mask at all times. you...
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May 28, 2020
05/20
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FBC
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kristina partsinevelos, why is gap up so much? think it has to do with a particular catalyst but it has to do with the fact traders are optimistic. as one lpl financial analyst says, it's the dash for trash. a lot of these retail stocks were beaten down throughout the last several months. gap struggling prior to the pandemic and so that's part of the reason we are seeing an uptick. you are also seeing an increase, slight increase in restaurant bookings, airline bookings so traders are optimistic that maybe consumer spending could start to be permanent as well the fact the administration is looking at cash incentives for those that are unemployed to get back into the work force. those are some of the catalysts. specifically for the retailers. you are also seeing wedbush increase their price target to $10 for gap versus seven bucks. stuart: it made it. tell me also about another winner. i think it's a winner. dollar general. why are they up? kristina: right. you just mentioned dollar tree. dollar general also released their earnings
kristina partsinevelos, why is gap up so much? think it has to do with a particular catalyst but it has to do with the fact traders are optimistic. as one lpl financial analyst says, it's the dash for trash. a lot of these retail stocks were beaten down throughout the last several months. gap struggling prior to the pandemic and so that's part of the reason we are seeing an uptick. you are also seeing an increase, slight increase in restaurant bookings, airline bookings so traders are...
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May 18, 2020
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kristina partsinevelos has been following that. kristina.r: which is why you have somewhat of a labor shortage across certain industries. that is forcing businesses to adapt to new technologies. we know robots don't require necessarily human-to-human contact this moment in the pandemic, it is a moment for robot makers to prove their worth. you have got delivery robots paving the way, popping up on sidewalks. starship robots look like microwaves on wheels. move a little slower than a jogger but already delivering food from restaurants in virginia. >> once covid hits, people saw need for contactless delivery. reporter: once this robot shows up at the door, you a.i., they're also capitalizing on our stay at home mentality. these three wheeled conditions are categorized as e bikes so they can to in the bike lanes and testing for grocery deliveries. as coronavirus puts pressure on workforce we're seeing automation accelerating at moment. another example, this coffee shop in portland, oregon, they're using robots to serve customers. if they need s
kristina partsinevelos has been following that. kristina.r: which is why you have somewhat of a labor shortage across certain industries. that is forcing businesses to adapt to new technologies. we know robots don't require necessarily human-to-human contact this moment in the pandemic, it is a moment for robot makers to prove their worth. you have got delivery robots paving the way, popping up on sidewalks. starship robots look like microwaves on wheels. move a little slower than a jogger but...
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May 29, 2020
05/20
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kristina partsinevelos has more. what's going on? kristina: what a pitch, neil. youngest self-made billionaire to make the forbes list and now forbes is accusing kylie jenner, that tv reality star as well as makeup mogul, of lying about her net worth and forging tax returns to reach a mega-money milestone. so neil, i know you know about this but for those that don't know, the kardashian and jenner family came to prominence through their reality tv show as well as their massive instagram following so they turned themselves into a massive business empire. kyl kylie jenner is the youngest and richest of the family. she started her makeup line in 2015, selling $29 lipstick kits, then grew that into a big company called kylie cosmetics. she then sold 51% of the company to a beauty conglomerate called coty in a deal worth $1.2 billion just late last year. forbes now has come to the conclusion after reviewing financial statements from coty, a publicly traded company, that she's been lying. in a lengthy and scathing feature that was published just today, forbes claims he
kristina partsinevelos has more. what's going on? kristina: what a pitch, neil. youngest self-made billionaire to make the forbes list and now forbes is accusing kylie jenner, that tv reality star as well as makeup mogul, of lying about her net worth and forging tax returns to reach a mega-money milestone. so neil, i know you know about this but for those that don't know, the kardashian and jenner family came to prominence through their reality tv show as well as their massive instagram...
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May 15, 2020
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kristina: thank you.very much i said earlier that i wouldn't be surprised if donald trump goes to rallies or something there because that's the trump team has been talking perhaps about using drive-ins in the future. meanwhile, speaking of drive-ins , nascar drivers have their lineup and are ready to rev their engines this sunday. the real heros 400 at darlington raceway follows a 10-week hiatus they are ready to turn on the cars, here with what to expect fox sports nascar host shannon spake. shannon, good morning. >> hey there, good morning, steve what a great segway from drive-ins to now driving and nascar. two things i'm excited about this weekend home schooling is over for my kids so i get to hang up that fourth grade teacher hat and of course nascar is back and it's back at one of the coolest racetrack, darlington raceway is one of the oldest tracks on the circuit it's one of the toughest tracks. things are going to be a little bit more challenging for the drivers though this weekend, steve because n
kristina: thank you.very much i said earlier that i wouldn't be surprised if donald trump goes to rallies or something there because that's the trump team has been talking perhaps about using drive-ins in the future. meanwhile, speaking of drive-ins , nascar drivers have their lineup and are ready to rev their engines this sunday. the real heros 400 at darlington raceway follows a 10-week hiatus they are ready to turn on the cars, here with what to expect fox sports nascar host shannon spake....
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and then piece of paper ireland's kristina how fast and the m.p. for human in the us. i should add to the extended interview by alex smith said. alex's facebook page and on his channel captain victor it's not rocket science these successful countries to follow the guidelines picked on by. people who knew how to manage the circumstances we need to get away from the westminster advice prone to new says fascinating at the feeder islands testing capacity was originally developed for the fish farms he then goes on to say i like the suggestion of a tobin tax for public health kevin judges building talents as a scot in singapore i'm very proud of your dedication and sensible approach i so wish we had independence and we could be like the feeder islands david however says there are many folk more qualified to be honest and they all say that lockdown was not the way to go and finally sharmeen says this program is vitally important to watch i've 110 percent agreed with every guest on the show today the u.k.'s press and wider media started from a position i'm early march of broad
and then piece of paper ireland's kristina how fast and the m.p. for human in the us. i should add to the extended interview by alex smith said. alex's facebook page and on his channel captain victor it's not rocket science these successful countries to follow the guidelines picked on by. people who knew how to manage the circumstances we need to get away from the westminster advice prone to new says fascinating at the feeder islands testing capacity was originally developed for the fish farms...
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May 17, 2020
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good evening, i'm kristina. >>> áthat explosion set several buildings áon fire and at least á200 otherers now ábattling those flames right now. á firefighters responding about 6:30 tis evening áto the report áof a massive explosion that sparke a áfire at a one story á building downtown. thick áblack smoke and flames ácould be seen for miles around áas the flames spread to other 3á in critical condition. one áhas serious injuries we ar átold but tonight officials say all áfirefighters are expected to survive á more than á200 firefighters ábattling on the ground and we are átold they are making progress right now. >>> áthe fire is burning just south áof little tokyo on the east side of downtown. áif you are familiar with that area it's near third and san pedro ástreets. >> this has been upgraded to a ámajor emergency category áwithover 230 firefighters that áhave arrived on scene and we áhave moved into a defensive posture áfor the fire attack. á we set up a medical branch that was ácreated for treating and tranceporting our fellow áfirefighter gls the captain described áthe business whe
good evening, i'm kristina. >>> áthat explosion set several buildings áon fire and at least á200 otherers now ábattling those flames right now. á firefighters responding about 6:30 tis evening áto the report áof a massive explosion that sparke a áfire at a one story á building downtown. thick áblack smoke and flames ácould be seen for miles around áas the flames spread to other 3á in critical condition. one áhas serious injuries we ar átold but tonight officials say all...
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May 10, 2020
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jon: kristina coleman from los angeles, thank you.he coronavirus claiming a las vegas legend, long-time illusionist, the german-born entertainer legacy honored on the las vegas strip. 6 shows a week at the mirage on the strip making light tigers and jeopards vanish and 1990 through 2003 until the tiger critically injured on stage. i lost my best friend. roy horn was 75 year's old. president trump meeting with top middle and national security leaders today as the white house focuses on bringing americans back to work. this after yesterday's record chattering job's report showing unemployment at highest levels since great depression. for more david spunt. david: jon, that meeting went underway and other military officials. nobody at the table, though, was wearing masks. president trump was there with secretary mike pompeo and other officials, but we don't know what the meeting was about. there was a pool that in -- went in. what was behind it the meeting, president trump, though, made very brief comments just a little while agoened i wa
jon: kristina coleman from los angeles, thank you.he coronavirus claiming a las vegas legend, long-time illusionist, the german-born entertainer legacy honored on the las vegas strip. 6 shows a week at the mirage on the strip making light tigers and jeopards vanish and 1990 through 2003 until the tiger critically injured on stage. i lost my best friend. roy horn was 75 year's old. president trump meeting with top middle and national security leaders today as the white house focuses on bringing...
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May 17, 2020
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arthel: boy, kristina, what a strong reminder of how dangerous the jobs of firefighters, they go intoger every day, it could happen at any moment, boy that was intense video. christina coleman, thank you so much. eric. eric: that is true, arthel. well, meanwhile hurricane season, yeah, it's starting early. storm off of the coast of florida, parts of carolina coast. what to expect next. it's back, nascar running around the track after the long coronavirus hiatus, we are in south carolina with a preview of the race. ♪ ♪ we're also offering flexible payment options for those who've been financially affected by the crisis. we look forward to returning to something that feels a little closer to life as we knew it, but until then you can see how we're here to help at libertymutual.com/covid-19. [ piano playing ] wayfair has way more ways to renovate your home, from inspiration to installation. like way more vanities perfect for you. nice. way more unique fixtures and tiles. pairing. ♪ nice. way more top brands in sinks and faucets. way more ways to rule your renovation. nice! on any budget,
arthel: boy, kristina, what a strong reminder of how dangerous the jobs of firefighters, they go intoger every day, it could happen at any moment, boy that was intense video. christina coleman, thank you so much. eric. eric: that is true, arthel. well, meanwhile hurricane season, yeah, it's starting early. storm off of the coast of florida, parts of carolina coast. what to expect next. it's back, nascar running around the track after the long coronavirus hiatus, we are in south carolina with a...
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kristina showed us oceana in new york city. if they have to install plexiglass between each much the tables? that is expensive. what about serverless. it will be expensive. stuart: okay. just cost them some money as well. lower revenue, costs go up. i understand the dilemma here. that is a big one. >>> now this, our next guest is the owner of three barbershops in northern california. he is defying the lockdown. he has reopened. juan is the owner of primo's barbershops. he visits us now. welcome back to the show. good to see you again, sir, good to have you on fox. now you reopened. i guess you're not supposed to reopen given the lockdown. did you get a visit from the authorities? >> i did. i received a visit from vacaville police department on friday in the afternoon. stuart: what did they say? >> they didn't say too much. they handed me a envelope from the city attorney's office. it was a cease and desist order from the city to stop working. stuart: are you going to obey that cease and desist? >> absolutely not. i will continu
kristina showed us oceana in new york city. if they have to install plexiglass between each much the tables? that is expensive. what about serverless. it will be expensive. stuart: okay. just cost them some money as well. lower revenue, costs go up. i understand the dilemma here. that is a big one. >>> now this, our next guest is the owner of three barbershops in northern california. he is defying the lockdown. he has reopened. juan is the owner of primo's barbershops. he visits us...
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May 22, 2020
05/20
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kristina partsinevelos is with us in rye, new york. that's one of the few beaches open in the state. what are the restrictions? kristina: the restrictions here at this beach, it's only open to local residents. you were talking about people flocking here. there's already a massive line for people to renew their beach permits, but the beach is open. now it's the first time they can actually start swimming but it's open to only locals. you have to show i.d., you have to bring your driver's license, a utility bill. there's some guards at the front here. there's going to be police officers. this beach is for local residents. right nearby is parkland beach, only open to county residents. overall, the northeast region of the united states is one of the last regions to open up a lot of their beaches. in new york it's a little bit of a predicament because the governor is saying that only the state beaches can open up and new york city mayor is saying none of the new york city beaches can open up. i did speak with the town supervisor and he told
kristina partsinevelos is with us in rye, new york. that's one of the few beaches open in the state. what are the restrictions? kristina: the restrictions here at this beach, it's only open to local residents. you were talking about people flocking here. there's already a massive line for people to renew their beach permits, but the beach is open. now it's the first time they can actually start swimming but it's open to only locals. you have to show i.d., you have to bring your driver's...
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May 11, 2020
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won't be as squished. >> so many things changing when we get out of this, amazing thanks so much kristinaere quick break the economy or health an ominous warning as americansaway this difficult decision. next up right here. together, we'll weather this storm. confident financial plans, calming financial plans, complete financial plans. they're all possible with a cfp® professional. find yours at letsmakeaplan.org. they're all possible with a cfp® professional. there are times when our need to connect really matters. to keep customers and employees in the know. to keep business moving. comcast business is prepared for times like these. powered by the nation's largest gig-speed network. to help give you the speed, reliability, and security you need. tools to manage your business from any device, anywhere. and a team of experts - here for you 24/7. we've always believed in the power of working together. that's why, when every connection counts... you can count on us. . maria: welcome back. china stealing american intellectual property, as we have been telling you for weeks, the communist par
won't be as squished. >> so many things changing when we get out of this, amazing thanks so much kristinaere quick break the economy or health an ominous warning as americansaway this difficult decision. next up right here. together, we'll weather this storm. confident financial plans, calming financial plans, complete financial plans. they're all possible with a cfp® professional. find yours at letsmakeaplan.org. they're all possible with a cfp® professional. there are times when our...
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May 18, 2020
05/20
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because i really, if i had time i would mention names like carolyn gleason, kristina wiggington, rex ellis and others. but i don't have time -- laura coil -- and carl bustamante and many others. so if you look in the back, their names are all there. one of the people i'd like to quote from is a young man who surely had and has a promising future. many of you have heard his name. lonnie g. bunch iii. we were pleased that our founding director was able to and willing to write the introduction and the epilogue to this book which is the work of many hands. i'd like to quote to frame what you're going hear tonight from these amazing gentlemen. dr. bunch says, "no single account can fully capture the african-american experience in world war i or tell us what the war meant for black americans in the decades afterward. when its echos were heard in president harry s. truman desegregation order, the landmark brown versus board of education desegregation decision of 1954 and the long battles of the 1960s to gain for black citizens the democracy for which all those young men had died so long ago
because i really, if i had time i would mention names like carolyn gleason, kristina wiggington, rex ellis and others. but i don't have time -- laura coil -- and carl bustamante and many others. so if you look in the back, their names are all there. one of the people i'd like to quote from is a young man who surely had and has a promising future. many of you have heard his name. lonnie g. bunch iii. we were pleased that our founding director was able to and willing to write the introduction and...
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May 11, 2020
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thank you very much, kristina. reporter: no.o move on to the whole story about reopening these meat processing plants. tyson foods closed its north carolina plant for deep cleaning. lauren, when is that going, when is that plant going to reopen and what about the rest of them across the country? lauren: tomorrow, it will reopen after a deep cleaning tomorrow, but at least 38 processing plants, according to "usa today" have been closed since the pandemic. think about it. meat workers work in close proximity to each other and they often live close to each other as well. for this particular north carolina tyson plant the county health department says 19% of the workers there tested positive for coronavirus. so what are the repercussions of all of this on the national scale? higher meat prices and/or meat shortages. i have gone to the food store. some food stores have like no meat. the ones that do, the prices are definitely up. usda says there will be a one to 2% increase in meat prices. i have seen more than particularly when it c
thank you very much, kristina. reporter: no.o move on to the whole story about reopening these meat processing plants. tyson foods closed its north carolina plant for deep cleaning. lauren, when is that going, when is that plant going to reopen and what about the rest of them across the country? lauren: tomorrow, it will reopen after a deep cleaning tomorrow, but at least 38 processing plants, according to "usa today" have been closed since the pandemic. think about it. meat workers...
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May 4, 2020
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kristina partsinevelos from sister station is live with how they are plan forking the future, hey, kristinabig question for business owners to customers what is the new normal going to look like once all of the businesses start to reopen. we know across the country it's already happening in a lot of states as well as cities from alaska to utah. i'm in midtown new york right now standing in front of oceana, restaurant, high-end restaurant and we spoke to the owner and he has been describing how cautious they have been about the reopening process and thinking abit for quite some time and several important factors that are going to be changing going forward and the first that they have to move around all the tables, push them back so there's equal social distancing between the tables. they are also creating single-use menus which means menus will be discarded once you touch them. there's going to be one staff member designated to touching the cut which is cleaned in high-temperature diswasher and the will be wrapped and eliminating private space. this is a bigger issue in areas like midtown wh
kristina partsinevelos from sister station is live with how they are plan forking the future, hey, kristinabig question for business owners to customers what is the new normal going to look like once all of the businesses start to reopen. we know across the country it's already happening in a lot of states as well as cities from alaska to utah. i'm in midtown new york right now standing in front of oceana, restaurant, high-end restaurant and we spoke to the owner and he has been describing how...
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May 9, 2020
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her work featured in dozens of books including policing the planet by jordan kemp and kristina and her new book change everything, thanks so much for being here with me. >> thanks having me. >> can you start by giving us the bigger picture on the relationship between prison and inequality? >> sure, i'd be happy to. my dear friend katherine who i think is listening from somewhere in greater toronto recently cited those fantastic poet and lawyer, norbenson philip. if we were truly in all of this together we would not all be in this together and this is a message i think that we can use as our study points tonight in talking about covid-19, mass incarceration and struggle for abolition. mass incarceration and related forms of detention that connect to it is a feature of places that have the deepest inequality, the deepest inequality. we have one slide to show you tonight. a slide that shows a list of the founding nations, now this slide which was created by the prison policy initiative perhaps the greatest data collection and spreading organization in the united states and one of the grea
her work featured in dozens of books including policing the planet by jordan kemp and kristina and her new book change everything, thanks so much for being here with me. >> thanks having me. >> can you start by giving us the bigger picture on the relationship between prison and inequality? >> sure, i'd be happy to. my dear friend katherine who i think is listening from somewhere in greater toronto recently cited those fantastic poet and lawyer, norbenson philip. if we were...
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May 20, 2020
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kristina: yeah, that's right. know you have been covering e-sports since the beginning but during the lockdown you are seeing viewership pretty much skyrocket, with a lot of not only just regular video gamers but newbies as well. you have a captive audience, so that is being reflectd in the share price of a lot of these gaming platforms. for consumer spending, i want to focus on that, for the first quarter of this year, we have spent up to almost $11 billion on video games alone. that is a record for spending when it comes to video games. we are talking about some of the share prices, you are seeing an increase in activision blizzard, electronic arts, take two, some of the games we know like sony's play station now has more than doubled their subscribers versus last year. xbox live announced they had 90 million active monthly users in the month of april. i want to focus on take two because they are set to report after the bell today at 4:30 p.m. eastern time. they operate and own grand theft auto as well as nba 2k
kristina: yeah, that's right. know you have been covering e-sports since the beginning but during the lockdown you are seeing viewership pretty much skyrocket, with a lot of not only just regular video gamers but newbies as well. you have a captive audience, so that is being reflectd in the share price of a lot of these gaming platforms. for consumer spending, i want to focus on that, for the first quarter of this year, we have spent up to almost $11 billion on video games alone. that is a...
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May 28, 2020
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was winning until price gouging, and now it's moving to online bricks and clicks, on a channel, kristinaicking up in store versus uniquely buying online. >> the key is survival mode. retailers will have to adapt. that means value at a discount. back to you guys. >> sandra: christina, thank you. that's address. >> ed: i'm going to take tomorrow off, but i'll see you on monday. >> sandra: ugh! will see a monday. have a safe weekend. ed, thank you. "outnumbered" starts right now. >> harris: we begin with this fox news alert. chaos erupted in minneapolis as protests have taken a violent turn. demonstrators clashed with police, who fired back with tear gas and rubber bullets. the protests raged for a second straight night. stores looted, building set on fire, as outrage grew over the death of george floyd, a white police officer knelt on floyd's neck for 9 minutes. floyd died later in custody.
was winning until price gouging, and now it's moving to online bricks and clicks, on a channel, kristinaicking up in store versus uniquely buying online. >> the key is survival mode. retailers will have to adapt. that means value at a discount. back to you guys. >> sandra: christina, thank you. that's address. >> ed: i'm going to take tomorrow off, but i'll see you on monday. >> sandra: ugh! will see a monday. have a safe weekend. ed, thank you. "outnumbered"...
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May 22, 2020
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to honoring fallen heroes many heading to the beach coronavirus front and center days in the sun kristinayork a select few will be allowed on the sand. >> that is a keyword select few like you mentioned it is one of the busiest weekends of the year, of course, join together as families condemn rate servicemen and -women kick off to summer hence beautiful sun we are seeing the beach going to be a lot of hefty restrictions this weekend possible taglines on your, right now 45 minutes north of new york, this beach that you are seeing right now not open yet but it is going to be only available to local residents you have to prove that you live in the area you will have to bring a utility bill a driver's license they are waiting at gate with guards to check you, or if you happen to have a beach pass why people folks behind me come quite early to start reflying beach passes to get on as soon as possible the northeast region of the united states, one of the last regions to open up their beaches unfortunately has left a lot of new york city residents quite predict why? you have governor andrew cuo
to honoring fallen heroes many heading to the beach coronavirus front and center days in the sun kristinayork a select few will be allowed on the sand. >> that is a keyword select few like you mentioned it is one of the busiest weekends of the year, of course, join together as families condemn rate servicemen and -women kick off to summer hence beautiful sun we are seeing the beach going to be a lot of hefty restrictions this weekend possible taglines on your, right now 45 minutes north...
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and some employers are using new ways to measure the health of their workers, track their health, kristinai have to say it sounds big brotherrish to me. kristin: sounds like it, but now you have consulting from price, waterhouse cooper, the way the app works it uses geo location and time of worker in the office. if you have covid opt in to use the app and the employer pwc can see how you're interacting. we spoke to one of the experts on the project and said that can be notified if you turn off the app and remind you to turn it back on. you have thermal cameras and i spoke with founder and can detect if employees are standing too close to each other. the software is being used in construction sites. like you said, stu, a lot of the firms are spending a lot of money with the new protocols. will they remove the technology once the health crisis moderates? couldbe era of surveillance? stuart: they're not going to walk away from it because the virus has gone away. it is big brother, that's just my opinion. kristin: i agree. stuart: there you go. thanks, coming up we have my take on reopening am
and some employers are using new ways to measure the health of their workers, track their health, kristinai have to say it sounds big brotherrish to me. kristin: sounds like it, but now you have consulting from price, waterhouse cooper, the way the app works it uses geo location and time of worker in the office. if you have covid opt in to use the app and the employer pwc can see how you're interacting. we spoke to one of the experts on the project and said that can be notified if you turn off...