Listen: Niagara, Warren Buffett, Google discussed on Bloomberg Opinion
"And I'm mark mills in the Bloomberg radio news room president trump was tweeting early this morning saying things are going along very well with China this came two days after trump's threat to put ten percent tariffs on the remaining three hundred billion dollars of Chinese imports that aren't subject to his existing levees sent markets tumbling from Asia to Europe and in the U. S. yesterday the new tax would hit American consumers and businesses are going to face even more supply disruptions China has already vowed to retaliate if trump follows through moody's analytics economist mark Zandi doubts the tears will force China into a substantive trade agreement they may agree to some kind of face saving arrangement is to get rid of this thing and the president may do that because he is an election coming but I don't think this is going to result in a substantive agreement which on Amazon dot com will let Alexa users opt out of Uman review of their voice recordings a move that follows criticism that the program violated customers privacy a new policy took effect Friday that allows customers through an option in the settings menu of the Alexis smartphone app to remove their recordings from a pool that could be analyzed by Amazon employees and contract workers it follows similar moves by apple and Google Warren Buffett has described his collection of businesses as a Niagara of cash generation well right now we can't keep up with the day lose Berkshire Hathaway reached a new record with a hundred twenty two billion dollars in cash it may not be the worst problem to have but buffet has been struggling to find enough well priced takeover opportunities to keep up the growth that allowed him to beat broader markets for decades the boring company will launch in China later this month according."