California is having a rough go… blackouts and wildfires on top of the Covid 19 outbreak. We talk to the mayor of San Jose about all that, plus the future of Uber and Lyft in the state. Speaking of California, it’s one of the states as part of a coalition suing the United States Postal Service. The Attorney General joins to discuss the suit. And, Taco Bell’s pandemic revamp, Instagram’s new feature and Airbnb plans to go public. 

A source tells CNBC that Oracle has entered talks to acquire TikTok’s U.S. operations. We break down the contenders vs. pretenders in the race for a TikTok takeover. Plus, ‘Fortnite’ maker Epic Games is seeking a preliminary injunction against Apple is in its App Store dispute. Could this be the start of trouble ahead for the tech giant? We explore in Rapid Fire. And, the S&P 500 and Nasdaq just hit new record highs. But as retail names sell off and stimulus talks stall in Congress, is this as good as it gets for stocks? Our market experts debate.