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The Dow Jones Industrial Average has been on a wild ride in recent weeks, with record drops and record gains becoming the norm. On Tuesday, the market had another record day. On Tuesday, the index gained more than 2,000 points for the first time in the history of the index, climbing back above 20,000 points to finish the day at 20,685. Overall, the Dow has lost about 8,000 points in the last six weeks. A number of companies that have seen massive losses in the last six weeks regained some ground on Tuesday, including Disney, Boeing, America Express and Visa. It was a better day for oil, which has been hard hit in recent weeks. Chevron shares jumped 18% on Tuesday. 685
The Dow Jones Industrial Average is on quite a roller coaster ride. After the Dow Jones had its largest single-day drop in its history on Thursday, the index recovered in a big way on Monday, setting a single-day record for gains. The Dow closed on Monday up 1,293 points. The previous largest one-day rise in the Dow was on Dec. 26, 2018, when the Dow jumped 1,086 points. Although the Dow had a good day on Monday, it was not enough to erase the worst week the Dow has had since the financial crisis of 2008. The Dow lost nearly 4,000 points, or 15% of its value, last week. 589
The American Red Cross said on Tuesday that it is in need of blood donations from healthy people amid the spread of COVID-19. The Red Cross said that the cold and flu season has already impacted the nation's ability to maintain its blood supply. The organization is concerned that a widespread outbreak of the coronavirus would cause fewer otherwise healthy individuals to give blood. The Red Cross said that its process is safe, and that it will take precautions to avoid spreading germs. Red Cross staff will be wearing gloves, routinely wiping down donor-touched areas, using sterile collection sets for every donation, and preparing the arm for donation with an aseptic scrub."We're asking the American people to help keep the blood supply stable during this challenging time. As communities across the country prepare for this public health emergency, it's critical that plans include a readily available blood supply for hospital patients," said Chris Hrouda, president, Red Cross Blood Services. "As fears of the coronavirus rise, low donor participation could harm blood availability at hospitals, and the last thing a patient should worry about is whether lifesaving blood will be on the shelf when they need it most."Please make an appointment to donate blood now by using the Red Cross Blood Donor App, visiting 1336
Taylor Swift has moonwalked past Michael Jackson’s record at the 2019 American Music Awards, taking home six honors including artist of the year and artist of the decade.The pop star, who walked into Sunday night’s show with 23 AMAs, surpassed the King of Pop’s 24 wins at the fan-voted show. She rambled onstage as she won the final award of the night — artist of the year — and repeatedly thanked her fans for always showing up — during both the good and bad times.“This year has been a lot of good, a lot of really complicated, so behalf of my family and me, thank you so much for being there and caring,” said Swift, who now has 29 AMAs.Taylor Swift.It was a family affair at the AMAs: Swift’s father and teary-eyed mom sang along as the singer performed a medley of her hit songs — a performance Swift said in a Nov. 15 social media post was put in jeopardy by Scott Borchetta and Scooter Braun, the owners of her master recordings.She didn’t mention the men during her acceptance speeches at the Microsoft Theater in Los Angeles, but this did thank her new label for allowing her to freely express herself as an artist.“This album really felt like a new beginning, and I also really love my record label, Universal and Republic. Monte Lipman, Lucian Grainge, thank you for being so generous to me and allowing me to make whatever music I want to make,” Swift said after winning favorite pop/rock album for “Lover,” her first album not released on Borchetta’s Big Machine Label Group. “As a songwriter it’s so thrilling to me that I get to keep doing that.”Swift’s other wins include favorite female pop/rock artist, favorite adult contemporary artist and favorite music video for “You Need to Calm Down.”Other big winners at the AMAs included Khalid and BTS — neither act attended the show but won three prizes.Billie Eilish.Billie Eilish picked up two awards — new artist of the year and favorite alternative artist. She also took the stage — surrounded by fire — to perform her song, “All the Good Girls Go to Hell.”Lizzo, who was nominated for three honors but walked away empty handed, screamed at the top of her lungs while performing the ballad “Jerome,” one of several songs from her album that earned her a leading eight Grammy nominations.Christina Aguilera was a vocal powerhouse when she took the stage alongside A Great Big World and rock icon Ozzy Osbourne — who has been recovering from a bad fall that took place earlier this year — was a highlight as he performed with Post Malone and Travis Scott.Selena Gomez.Shania Twain closed the night with a memorable performance. Other nostalgic performances included Toni Braxton and Green Day.Shawn Mendes and Camila Cabello heated up the stage as they stood close together while singing “Senorita,” staring in each other’s eyes as they sang from one microphone at times. They even rubbed noses at the end.The pair won collaboration of the year for their No. 1 hit song. Other winners included Dan + Shay, Halsey and Lil Nas X. Top nominee Post Malone took home favorite rap/hip-hip album for “Hollywood’s Bleeding” and Carrie Underwood was appropriately teary-eyed as she won favorite country album for “Cry Pretty.”“It’s been a wonderful year,” Underwood said.Selena Gomez kicked off the AMAs as Swift and Halsey got out of their seats to cheer their pal on. R&B singer Ciara hosted the show, which aired live on ABC. 3400
The House Oversight Committee voted on Wednesday to hold Attorney General William Barr and Commerce Secretary Wilbur Ross in contempt of Congress over a dispute related to the addition of a citizenship question to the 2020 census. The vote was 24-15.The Democratic-led committee voted on a contempt resolution that recommends that the House of Representatives find Barr and Ross in contempt of Congress "for refusal to comply with subpoenas." The contempt resolution includes citations for both civil and criminal contempt.It's unclear what will happen now that the committee has voted on the resolution. Depending on how the Departments of Justice or Commerce respond, House Democrats could go to the floor with both criminal and civil contempt. They could also drop criminal before going to the floor if some accommodation happens.According to a committee aide, a criminal contempt vote would have to go through the floor. However, civil contempt could go through the Bipartisan Legal Advisory Group, which is made up of the three highest-ranked House Democrats and two highest-ranked House Republicans.Earlier on Wednesday, the Department of Justice informed the House Oversight Committee on Wednesday that President Donald Trump has asserted executive privilege over materials related to the addition of a citizenship question to the 2020 census.In a letter to Committee Chair Elijah Cummings, Assistant Attorney General Stephen Boyd 1450