26 Burst results for "$17 Billion"

"$17 billion" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:46 min | 3 months ago

"$17 billion" Discussed on Bloomberg Radio New York

"Good. The household numbers are still good. So I do think that further increases in yields will not be so detrimental to the economy. Duty by ask, your fee generating assets up by $17 billion. Did you have a Credit Suisse moment? Was there a monster move from Credit Suisse into UBS? Tell the world. Well, we're not going into how our competitors develop, and I don't think we need competitors to help us there. From that perspective, we have a global wealth business, wealth is what we do. We have very strong client relationships and clients are just bringing more money to us for the guidance that we can give. And also the spread and the diversification we can advise on. No significant Credit Suisse in flow moment. As I said, you know, this is not for us to go into that. But I think the underlying trend is really more driven by clients looking for guidance and anything else. The buyback, Sarah, your CFO, guided us at a conference recently tantalizingly that the buyback would be more than 5 billion. What would it be? Well, it really depends on how the market's development and also the liquidity in the market because there is a limit to what we can do. Year to date, last Friday, we were at 4.6. We will continue at the same level of speed. So we should be getting certainly over the 5 million towards the 5 and a half. One of the things that you hung your hat on and we chatted about it was your wealthfront deal. That deal has not gone away. Collapse, whatever word we choose. What the market wants to know was, did you pull the plug on that? Did the chairman pull the plug on that? Or did the deal have fractures? Well, I think a change in tactics is absolutely not a change in strategy and I think that's the important message for our plans if it comes to U.S. growth in the U.S. market. And he was marketed, as you know, we are heavily invested. It's a very important part of our strategy to grow there. In the three different segments and personas that we see, the core segment is personally advised. That's where we do most of all business. We need to support our efforts with further digital support, the way that workstations work, the banking products, as you know, we also launched further improvement of banking products there. And you see that coming through also this quarter, then on a more family office site, more bespoke solutions. And that way we will where we are also looking at is the kind of the lower wealth balance we would call that, where we also have 2 million of workplace wealth clients and see how we can improve the digital experience there with remote advice. Okay, that was the UBS CEO Ralph hammer speaking to Bloomberg's Manus cranny in Zürich earlier. This is Bloomberg

Credit Suisse UBS Sarah U.S. Ralph hammer Manus cranny Zürich Bloomberg
The Sky Is Falling for Netflix

The Charlie Kirk Show

01:22 min | 1 year ago

The Sky Is Falling for Netflix

"Last week, Netflix, which is one of the top purveyors of nonsense in our country of just awful content for children and grandchildren, and by the way, no parent should allow their child to have a Netflix account. It is total propaganda. It's a separate issue for another time. Netflix was trading just near $600 a share. At the beginning of the year. And now they're at $408 a share. They've actually rallied from where they were, which was a total collapse of about $359 a share. Their 7 week high was a market capitalization of about $300 billion and they're now at about a $181 billion company. Netflix is spending $17 billion on content alone this year, $17 billion just on content. Most of which is BLM alphabet mafia complete and total nonsense. So what's happening is you're starting to see a correction, but not just a market correction. I think you're starting to see a civilizational correction. I think you're starting to see across the board people disengage from these tech companies, push back against what we call the wok industrial complex, and it's starting to reflect in media ratings, starting to reflect in stock prices, it's starting to reflect in public approval ratings. It's starting to reflect in so many different

Netflix BLM
"$17 billion" Discussed on WABE 90.1 FM

WABE 90.1 FM

03:44 min | 1 year ago

"$17 billion" Discussed on WABE 90.1 FM

"I'm gonna have to whoever just made it out first You removed from the court plates He went on to read guilty verdicts of murder against Greg mcmichael the father of Travis and against William Bryan a neighbor who had joined in the chase in his own pickup truck A sentencing date has not yet been announced all three could face life in prison without the possibility of parole People in the United States made more and spent more in October than they did a month earlier NPR's Scott horsley reports on the latest figures from the commerce department Personal income rose by half a percent last month mostly thanks to growing paychecks but personal spending increased even faster Spending jump by 1.3% between September and October as Americans shelled out more for both goods and services Some of that extra spending is the result of higher prices The commerce department's measure of inflation which is closely watched by the Federal Reserve shows prices continued to climb last month over the last 12 months prices have increased by 5% That's the highest rate of inflation in more than three decades It's got hoarsely impaired news Washington The Labor Department reported this morning that the number of Americans filing new claims for unemployment benefits fell last week to the lowest level since 1969 They dropped 71,000 to a seasonally adjusted 199,000 the average before the pandemic was about 220,000 South Korea's Samsung electronics says it will build a new $17 billion plant to make semiconductors in Texas NPR's Anthony Kuhn reports By offering Samsung tax rebates and other incentives the city of Taylor beat out other potential locations in New York Arizona and elsewhere in Texas construction on the plant will begin next year It's expected to be operational by 2024 The move fits in with the Biden administration's aim to ramp up semiconductor manufacturing in the U.S. after decades of outsourcing it mostly to countries in Asia The administration's aim is partly to remedy a worldwide shortage of chips but also to compete with China in new technologies such as electric vehicles artificial intelligence and 5G networks all of which rely on semiconductors Anthony keun in PR news soul At last check on Wall Street the Dow Jones Industrial Average was down 65 points the S&P 500 is up more than one and a half This is NPR news From W ABE news in Atlanta good afternoon I'm Jim berry and sir time now Three O four And we have a verdict in the ahmaud Arbery case from Brunswick this afternoon reactions are pouring in after a jury finds all three white defendants guilty in some sense of murdering ahmaud Arbery Travis mcmichael was found guilty on all 9 charges including malice murder And four counts of felony murder Gregory mcmichael was found not guilty of malice murder but guilty of 8 counts including felony murder William Bryan was found guilty of three felony murder counts You might remember he is the one who videotaped the killing of ahmaud Arbery And all three men face life in prison In a statement George's U.S. senator raffia Warnock a Democrat says the verdict provided accountability but not true justice as that would look like a black man not having to worry about being out for a jog Governor Brian Kemp says vigilantism has no place in the state President Joe Biden says the verdict is still not enough when it comes to racial justice in this country Again reaction coming from the verdicts today in Brunswick.

William Bryan Greg mcmichael commerce department Scott horsley Washington The Labor Departmen NPR Anthony Kuhn Biden administration Travis U.S. Anthony keun Samsung electronics Texas Federal Reserve Jim berry sir time South Korea
"$17 billion" Discussed on TIME's Top Stories

TIME's Top Stories

06:00 min | 1 year ago

"$17 billion" Discussed on TIME's Top Stories

"Samsung reportedly picks Texas for a $17 billion U.S. semiconductor plant by Ginny Leonard and so he can, Bloomberg. Samsung electronics has decided to build an advanced U.S. chip plant in Texas. A win for the Biden administration as it prioritizes supply chain security and greater semiconductor capacity on American soil. South Korea's largest company has decided on the city of Taylor, roughly 30 miles from its existing giant manufacturing hub in Austin, a person familiar with the matter sad. Samsung and Texas officials will announce the decision Tuesday afternoon, according to people familiar with the matter, asking not to be identified because the news hasn't been made public. A Samsung representative said it hadn't made a final decision and declined further comment. Samsung is hoping to win more American clients and narrow the gap with Taiwan Semiconductor manufacturing company. Its decision, which came months after de facto leader JY Lee was released from prison on parole follows plans by TSMC and Intel corp to spend billions on cutting edge facilities globally. The industry triumvirate is racing to meet a post pandemic surge in demand that's stretched global capacity to the max, while anticipating more and more connected devices from cars to homes will require chips in the future. The new plant will augment Samsung's already sizable presence in Austin, where its invested about $17 billion to date on a sprawling complex that houses more than 3000 employees and fabricates some of the country's most sophisticated chips. Samsung's planning to invest another $17 billion and create about 1800 jobs over the first ten years, according to documents the company submitted to Taylor officials. Korea's Yonhap and The Wall Street Journal had reported earlier on Taylor's selection. The Asian giant is taking advantage of a U.S. government effort to counter China's rising economic prowess and lure home some of the advanced manufacturing that in past decades as gravitated toward Asia. That ambition crystallized after a global chip shortage hobbled the tech and auto industries cost companies billions in lost revenue and forced plants to furlough workers, exposing U.S. vulnerability to diversified supply chains. In June, president Joe Biden laid out a sweeping effort to secure a critical supply chains, including a proposed $52 billion to bolster domestic chip making. His administration has repeatedly voiced the need to increase chip production in the U.S., saying that was the best way to compete with China and mitigate supply chain disruptions like the one stemming from COVID-19. Last month, the U.S. created an early alert system to detect COVID related shocks, and had asked producers and consumers of semiconductors to complete a survey about inventories, demand, and delivery systems to identify potential issues. Recently, Intel's troubles ramping up on technology and its potential reliance in the future on TSMC and Samsung for at least some of its chip making have underscored the extent to which Asian giants have pulled ahead in recent years. The administration discouraged Intel from pursuing plans to operate a factory in Chengdu China to manufacture silicon wafers. The White House has also called on Democrats in the House of Representatives to pass a $52 billion bill known as the chips act, which would fund domestic semiconductor research and manufacturing. Administration officials have pointed to the bill when pressed about security concerns in Taiwan, the world's foremost chip producer. Commerce secretary Gina raimondo said Congress should pass the legislation as quickly as possible when asked if the U.S. needed a clearer defense strategy related to the island. Samsung adds to a growing list of companies moving to or expanding in Texas. In the last year, electric carmaker Tesla said it would move headquarters to the state as did Oracle and Hewlett Packard Enterprise, Samsung's move would be a win for Texas Republican governor Greg Abbott, who has long touted the lone star state's business friendly tax policies, and as gearing up for a reelection battle next year. The local government pulled out the stops to snag Samsung, including waving 90% of property taxes for a decade and 85% for the following ten years, abbot is scheduled to make a statement about the state's economy at 5 p.m. local time Tuesday. Samsung itself has been accelerating investment activity since Lee was released from jail, where he was serving time for corruption. It unveiled a commitment to bolster South Korea's economy by spending 240 trillion about $205 billion and expand hiring to 40,000 people over the next three years. It's going head to head and Intel's backyard with TSMC, which is on track to start production on its own $12 billion chip plant in Arizona by 2024. Samsung is trying to catch TSMC in the so called foundry business of making chips for the world's corporations, a particularly pivotal capability given a deepening shortage of semiconductors in recent months. Samsung's envisioned U.S. foundry will adopt ASML Holding in these extreme ultraviolet lithography equipment. The company which has struggled with poor yields on advanced chip processes for years has been improving and accelerating its capacity expansion at home. It aims to mass produce three nanometer chips via so called gate all around technology around 2022, employing what some regard as game changing technology that can more precisely control current flows across channels, shrink chip areas and lower power consumption. Rival Intel has pledged to retake its industry lead by 2025..

Samsung Taiwan Semiconductor U.S. Texas Ginny Leonard Biden administration JY Lee Intel Austin Samsung electronics COVID South Korea Taylor China Asian giants Bloomberg de facto
"$17 billion" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

02:33 min | 1 year ago

"$17 billion" Discussed on WNYC 93.9 FM

"Improve drinking water by removing lead pipes and Bill also invest $17 billion in the infrastructure of ports which the Biden administration says will eventually help straighten out kinks in the supply chain All right so much here but talk to me about the money here for making Internet faster in America There's $65 billion for that The White House says that money would ensure that every American has access to reliable high-speed Internet And this has been a problem David especially in rural areas The administration says more than 30 million Americans live in places that don't have at least minimal broadband infrastructure Infrastructure but what about the other social and environmental spending package Still in progress briefly where things Is still in progress the house did passive procedural measure on it It still hasn't held the actual vote a group of moderate Democrats held that up saying they wanted a report first from the congressional budget office on how much it'll cost All right Nancy Marshall guns are thank you Now that jobs report from late last week was stronger than expected with indeed people piling back into the workforce with COVID infections falling but one sector that lagged in October hiring for state and local government jobs especially public schools where payrolls dropped by 65,000 when seasonally adjusted Marketplaces Meghan mccarty corino looked into that October is the third month in a row that local public sector jobs took a hit as economist dean baker with the center for economic and policy research Lot of us had been kind of scratching our heads because I and I think most analysts had been expecting a big jump particularly in the education where schools are open again almost everywhere But he says there's a lot of competition for labor In the private sector if you want to hire someone you could raise wages They could offer bonuses Private employers are pulling out all the stops as Julia Pollock chief economist at job site zip recruiter offering extra money new benefits more flexibility and it's happening everywhere across every industry with the exception of government And that's because government hiring is very inflexible Salaries and benefits in government often have to go through time consuming approval processes But states are flush with hundreds of billions of dollars in federal relief funds so Pollock expects compensation to start catching up and coming months I make a mccarty corino for marketplace Let me check my market screens.

Biden administration Nancy Marshall COVID Meghan mccarty corino congressional budget office White House center for economic and policy dean baker America David Julia Pollock Pollock mccarty corino
"$17 billion" Discussed on KLBJ 590AM

KLBJ 590AM

03:47 min | 1 year ago

"$17 billion" Discussed on KLBJ 590AM

"To make good on the president's build back. Better initiative. House committees are hammering out what is expected to become a $3.5 trillion spending bill for Universal, Pre K. To make transformative beneficial Change House Ways and Means Committee chairman Democrat Richard Neal will also take up changes the tax law top committee Republican Kevin Brady calls it a new era of government dependency. The greatest expansion of the welfare state. In our lifetimes, Democrats can pass legislation without Republicans, but that will require an agreement with nearly no defections from moderates calling for less spending and progressives calling for more boxes. Jared Halpern on Capitol Hill, a new Covid plan the president hasn't even announced yet is already facing some pushback from a union. The largest union for federal employees says it expects the administration to negotiate before implementing a vaccine mandate. Later today, the president is expected to sign an executive order mandating vaccines for federal workers and contractors and to announce other steps aimed at helping to fight the latest covid surge. How many Americans are left in Afghanistan. White House spokeswoman Jen Psaki sidestepping that question moments ago after a commercial flight from Kabul landed in Qatar, including some Americans. The plane just landed and what we want to do is check all of the manifests on the ground and ensure we have the accurate number for all of you will have that number up from the State Department shortly this afternoon. Meantime, a statement from the National Security Council calls the Taliban businesslike and professional in facilitating the departure of American citizens and lawful Permanent residents. America is listening to Fox News. It was radio Kale. BJ. I'm Patrick Osborne. This news is brought to you by Sinus and Snoeren specialists, activists and some local elected officials band together today opposing Proposition A, which would force the city of Boston to increase police staffing levels to two officers per 1000 residents. Councilwoman Vanessa Fuentes calls it fiscally irresponsible. The future of public safety that meets the needs of all us tonight depend on Austin, projecting profit opponents argue the financial burden would be too great and would significantly reduced funding and resources in other areas. Supporters. Those AP staffing levels have been far too low for years, and more cops is the only way to address a rising violent crime rate. The ball is rolling on the process of redrawing all 10 Austin City Council boundaries for the next decade. The new districts will be in effect by next year's November election. The biggest changes have been proposed in District six up in northwest Austin, which has been called quote significantly overpopulated. Boston's homeless in Kampen Assistance Linker. He'll initiative helped get 147 people out of four campsites that were deemed to be an unsafe areas. Homeless strategy, officer Diana Gray says of the 147 moved into a bridge shelter. Only 119 are still there. We have certainly also had exits involuntary exit based on behavior, etcetera 15% of the people brought from the camps have been kicked out of shelters. Now, three have left voluntarily, and only three others have actually been moved into long term housing. Williams County officials are very excited about the possibility of Samsung. Choosing Taylor is the side of a $17 billion chip making plans, County Judge Bill Gravel says they're pushing really hard to make this reality because it's about national security. It's about producing the most advanced microprocessing chip in America. The city of Taylor and Williamson County have offered Samsung a 90% tax rebate for the first decade and an 85% rebate on the second decade. Samsung. Those made no final decision on location for its new plant. We've got to have 96 degrees in.

Jared Halpern Patrick Osborne Diana Gray Vanessa Fuentes Jen Psaki 90% Samsung $17 billion Qatar National Security Council 147 people $3.5 trillion Afghanistan Kevin Brady 96 degrees Kabul White House 15% two officers Boston
"$17 billion" Discussed on KLBJ 590AM

KLBJ 590AM

05:33 min | 1 year ago

"$17 billion" Discussed on KLBJ 590AM

"Is the new home of a $17 billion chip making plan. But Williamson County Judge Bill Gravel likes their odds. The city and county have offered Samsung and 90% tax rebate over the 1st 10 years. Anger, Evil, says the chips that would be made there very much needed right now it goes into ventilators. He goes in the hospital equipment. It goes into our school for the tablets that her kids use. He says The economic impact would be staggering. With revenue estimates from the construction alone between 607 $100 million. The four priority homeless camps flagged by the city of Boston is being in dangerous locations have now been cleared out. A total of 147 people were moved through the homeless in Kampen Assistance Link Program. 119 remain in a shelter, only three have found long term housing. Three people have left voluntarily 22 have been kicked out. A lot of parents in the haze school district continue demanding that a mask mandate be imposed close to a dozen classrooms have been temporarily closed in the district. So far affected campuses include Buta Carpenter, Elm Grove, Negative, Tobias and Tom Green elementaries as well as Chapa Middle School. How did they have 96 degrees. I'm Patrick Osborne connect with us and news radio. Cable BJ dot com there live local and they're talking about the stories that matter to you Share your opinions with Mark and Melinda at 51283605 90. Now here are Mark and Melinda. Let's dive right into the Big one. And we're talking about President Biden. In his announcement that's going to be coming later this afternoon Melinda of a new plan for dealing with Covid 19. The biggest thing is a mandate for all federal employees to get vaccinated, and he is not going to give any kind of an opt out. If you agree to get tested every week, he wants everyone under the executive branch to get vaccinated. Yeah, Either you get vaccinated or you no longer work there or for the federal government in that capacity that you were working in, and I think this extends to he's looking at anyone that contracts With the federal government that he's making that requirement for them as well. And that covers a lot of companies that do business with the federal government. It will not apply to people who work for Congress or the federal court system. But we'll get more details this afternoon at four Austin time, and you caught the interview. We'll wait. Hold on. Hold on. Let's not skip over that part. You just said lightly. We'll get back to that in a minute. Okay? Unless you want to dive into that right now. Well, I just I want you to hear what Mark said. Congress doesn't have to do this. It's not a mandate for them. It's not a mandate for the federal court system. But it's a mandate for everyone else. Have big problems with that. I think a lot of people will Now, here's my guess on how they're going to justify that. Their order only applies to people under the executive branch. Congress and the federal courts are different branches of the government, so we're going to leave it up to them to deal with it. I think that's a cop out, but I predict that's how they'll justify it. Well, that may be how they justify it doesn't work for me either. Then you should probably should have gotten with those two branches and said, You all need to do this so that I can come out and make this mandate across the board knowing it's not going to sit well when you go Oh, but we have this little group of people. They don't have to do it. It's the whole healthcare thing with Congress all over again. And you have to have health care We don't have to. We don't have to follow by the rules that we set for you forgetting that those people are working for us. We're not working for them. Yeah, people correctly get upset when they perceive that it's not equal treatment under the law. And they're going to jump on this when they hear about that. So what we're hearing so far is his order will apply to the executive branch and any private companies that have contracts with the federal government. So you start thinking about the executive branch, all those law enforcement agencies. DEA, FBI etcetera Border Patrol. And then you go down the list. The U. S military will be included. They estimate it could be four million people. Fall under this vaccine mandate from President Biden. Well, what's interesting to me? I mean, maybe this is by design, there are still going to be individuals. That fall into those categories that are not going to get the vaccine. They would rather lose their job. Then get this vaccine And when you're talking about sectors like Our safety, border Patrol eyes, FBI, even though you know everyone's gonna unquestionable, Um, we we may be losing Individuals in those fields. What does that do for the safety? As a whole here in the nation, if we have less, I mean again. This may be by design because we know that progressives really would like to see less and less of that happening, But I don't feel comfortable with that. I don't feel comfortable if you have a We're already short staffed on Border patrol. But then if you have another I don't know. Even 100 or 200 Walk off the job for this. Yeah, And when you're talking about the border patrol. Not only are they overwhelmed on the southern border, but Biden is handing them the job of vetting the Afghan refugees. Nick Wrath thought is a former adviser for President Barack Obama. He tells The New York Times. This is a key moment for Biden. He ran on competence, bringing adults back into the room..

Mark Nick Wrath 90% Patrick Osborne FBI $17 billion Samsung Congress 100 147 people Chapa Middle School 51283605 90 Boston Three people 22 96 degrees Bill Gravel 200 Biden border Patrol
"$17 billion" Discussed on KLBJ 590AM

KLBJ 590AM

02:01 min | 1 year ago

"$17 billion" Discussed on KLBJ 590AM

"And the city of Taylor paved the way for Samsung to build $17 billion plant with a unanimous joint vote. County Judge Bill Gravel says the proposal is to give Samsung a 90% tax rebate for the first decade 85% For the second decade. We're talking about the largest economic development project in the history of Texas. And Samsung has not made a final decision yet as to where they will build that plant, which will have up to 1800 jobs. Texas New law Restricting abortions will be the focus of a lawsuit planned by the Biden administration. The Justice Department could file suit against Texas as soon as today, according to the Wall Street Journal. In a statement this week, Attorney General Merrick Garland said the state's abortion law, which bans the procedure, after around six weeks of pregnancy, may violate the 1994 freedom of access. The clinic Entrances Act. The White House has promised the whole of government responses statute, which the U. S. Supreme Court allowed to take effect last week. Rachel Sutherland. Fox is the Republican challenger for governor in California, and his aides were attacked yesterday when they tried to visit a homeless camp. A woman attempting to hit Larry Elder with an egg while campaigning in Venice, the egg missing elder but prompting his security detail to confront the woman wearing a gorilla mask. Now, following this tense exchange, elder claims his bodyguards came under attack Tweeting my security detail, was physically assaulted, shot with a pellet gun and hit with projectiles. The intolerant left will not Stop US. More than a dozen parents are now joining a lawsuit against the round rock schools Attorney Jared Woodfield tells Fox seven. They want an end to the mask mandate and monetary damages up to $250,000 to allow the parents to be able to make the decision as to what is in the best interests of their Children. And clearly this. SD thinks parents aren't capable of making that decision would fill, says Round rock is violating Governor Greg Abbott executive order prohibiting Mass command..

Rachel Sutherland Venice 90% Larry Elder $17 billion U. S. Supreme Court Samsung White House yesterday last week today Governor this week Texas Taylor Republican Justice Department Attorney California Round rock
"$17 billion" Discussed on KLBJ 590AM

KLBJ 590AM

01:38 min | 1 year ago

"$17 billion" Discussed on KLBJ 590AM

"Incentives to lure Samsung into the city of Taylor have been approved. Samsung wants to build a $17 billion manufacturing plant in the city and county are offering Samsung and 90% rebate on taxes for a decade and then an 85% rebate for the following decade. County as a whole could see an estimated $2500 per acre per year and the Samsung plant would spend more than 1000 acres. A two years ago, Samsung helped pump $4.5 billion in the central Texas and paid more than $445 million and salaries. The city and county really one in on some of that. Samsung, though, has not made any formal decision on a location and there are other cities still in the running. Patrick Osborne NEWS radio K LBJ Anti health is steadying the duration of antibodies and people who have either been vaccinated or fully recovered from Covid 19. UT health dean. Dr Eric Bore Winkle till CBS Austin levels start declining within a few months after vaccination. I think we have enough data now that I can safely say That the antibodies are lasting approximately a year, he says Some of their studies have shown the highest antibody levels are within people who have recovered and been vaccinated. The number of people who have died from Covid 19 in Travis County has now more than 1000. Austin Public Health says August is now the deadliest months for the area since the pandemic started. Local officials continue to call for people to get vaccinated. The Austin Police Department is preparing to bury yet another officer, Sergeant Steve, your IAS will be laid to rest today. He passed away last month from Covid 19. Public Visitation is set for 10 this morning at the Hill Country Bible Church on Highway.

$17 billion $4.5 billion Patrick Osborne Travis County Samsung Austin Police Department Austin Public Health Taylor August more than $445 million CBS more than 1000 acres last month Eric Bore Winkle today more than 1000 two years ago Steve Hill Country Bible Church 85% rebate
"$17 billion" Discussed on KLBJ 590AM

KLBJ 590AM

04:28 min | 1 year ago

"$17 billion" Discussed on KLBJ 590AM

"We're so glad you're here. Let's give them some business Williamson County in the city of Taylor, paving the way for Samsung to build a new $17 billion facility, and it was a unanimous joint vote yesterday. Judge Bill Gravelly Williamson County says the proposal is to give Samsung a 90% tax rebate the first decade and then an 85%. Tax rebate the second decade. We're talking about the largest economic development project in the history of Texas gravel, Gravel says, for each acre that that plant sits on the county would get roughly $2500 every year. Samsung has not made any decision. However, in other cities remain in the running. This could bring about 1800 good, high paying jobs for the city of Taylor, Texas, man Little tiny, Oh, sleepy Taylor, which, with the thing called the economy that creates other jobs and boy, it would just Absolutely be a tremendous, tremendous, uh, obviously, game changer. Hollywood changing everything about Yeah. It changed the way the place fields looks. The whole future of of the whole county would absolutely be transformed. Yeah, and show good or bad. I mean, I'd love to hear some some folks that live up in that area around Taylor and Williamson County. The feeling I get is that most people are pretty dang excited about it. Yeah, I mean, come on, especially Especially business owners, obviously well as a as a select cities wait for Samsung to make a big decision aware, you know they're going to set up shop Williamson County in the city of Taylor, clearing a path for this and it was unanimous vote. Everybody's on board. Williams County commissioners in the Taylor City Council voted to bring Samsung to the area. Almost everyone who spoke during a special called meeting was in full favor of this proposal. Add. Let's see here, the owner of the Texas beer company that's out there in that area. I guess they are actually going to create the Samsung Pale ale. They'll do whatever they got A celebration. Yeah, that's it. Yes. Samsung $17 billion investment looking to build out of 1000 Acres, semiconductor plants, a vital piece of tech scene as the You know the brain of the Smartphone. The plant will bring in 1800 direct jobs to an area and possibly as many as you know, 6500 ancillary jobs, you know, suppliers and different restaurants that pop up around it. Absolutely not to mention they say about 10,000. I guess temporary construction jobs. It'll take about a year to build this place this effects Austin as well. I mean, obviously, we're going to have people here in Austin that are going to be commuting to tailor potentially for for their jobs. So it's why would you want to commute today? Why would you Want to do that. Sell your expensive home and moved to take removed to tailor. Yeah, that's and it. Believe me, that's going to happen now. After the vote yesterday, a Samsung spokesperson handed out a note reading. No decision has been made by Samsung in the site for potential expansion. All sites are under consideration in each community is performing the appropriate due diligence to put themselves in the best position. An opportunity. The actions by Williamson County in the city of Taylor are part of that due diligence, Given what they're being offered. I don't know why they would say No, I don't like I don't know what possible reason they could come up with Unless, uh they just You know, I don't like Louie Mueller barbecue all that much. I don't know. Well, I mean, there's been a lot of big tech companies that have moved here. I mean, Samsung has been here for a long time talking wrong. They've been here in in in the area for a long time. Very long their pillars in this community, no doubt about it. But But some tech companies are pushing back on a variety of new laws we have here in Texas. When it comes to guns when it comes to abortion when it comes to election integrity, you know that sort of thing. Samsung hasn't hinted that those things bother them. But other big tech giants have expressed concern about these this new legislation. Well, that's all I would be able to see as a possible hindrance because as far as the deal, they're being offered the financial prospects for them, or, uh, pretty much set up Form Listen. Also in the world of business, AMC is releasing their first ever multimedia ad campaign. They're trying to get people back into the movie theaters and a bit to get more people in the movie houses. AMC theaters has recruited actress Nicole Kidman. And at first ever $25 million multimedia ad campaign titled We Make Movies Better. The Spot features Kidman walking into a theater extolling the virtues of viewing films on a big screen with an audience sound that I can feel Somehow,.

Nicole Kidman 90% AMC 85% 1800 $17 billion Samsung Bill Gravelly 1000 Acres Texas $2500 Taylor Louie Mueller yesterday Williamson County today $25 million Austin 6500 ancillary jobs Kidman
"$17 billion" Discussed on KLBJ 590AM

KLBJ 590AM

03:12 min | 1 year ago

"$17 billion" Discussed on KLBJ 590AM

"5 30. Good morning. I'm Patrick Osborne, Topping Austin's news. Former President Donald Trump, still weighing in on the U. S withdrawal from Afghanistan, who would move out the military first? The military goes last and safely and, sadly, those 13 great soldiers and 200 people, You know 200 people more than 200. People were killed and a lot of people are badly injured. Trump there. Speaking of Fox's Greg Gutfeld, Joe Biden is characterized his administration as inheriting a flawed Afghan policy and making the most of it. Saturday will mark a full two decades since the September 11th attacks here in the United States and a new Fox News polls looking how impactful that day still remains. 64% polled say the attacks in New York and Washington D. C as well as the flight 93 crash in Pennsylvania permanently changed how Americans live. That compares to only 50%, who say the pandemic has changed our lives? Are there Overreactions to 9 11? A quarter of respondents say military actions in Afghanistan qualify only 15% say airport security upgrades are an overreaction. Asked if 9 11 should be a national holiday. America is split. 47%. Yes 46% no gurnal. Scott Fox News Joe Biden plans to unveil his latest national effort against Covid 19. This afternoon, the president will address the nation on what's being built as his robust plan to stop the spread of the delta variant and boost covid 19 vaccinations. The White House says it will include six steps with new components like access to testing mandates, ensuring kids are protected in schools. In pushing more people to get vaccinated. Press Secretary Jen Psaki says the plan is all about getting back to pre pandemic life. The announcement also expected to tighten regulations at schools. This after leaked emails appear to show the White House officials bending to threats of the teachers union on school openings that is Fox's Griff Jenkins reporting there. The number of people who have died from Covid and Travis County has now climbed to more than 1000. Austin Public Health says August is now the deadliest month for the area since the pandemic began. And local officials continue calling for people to get vaccinated. The Austin Police Department is preparing to bury yet another officer, Sergeant Steve, your eyes will be laid to rest today. He passed away last month from Covid public visitations. After 10 o'clock this morning at the Hill Country Bible Church on Highway 6 20. A public service will begin at 11. There will be no procession, but police honors will be given after the service. The round rock school district is being sued by a group of parents over mask mandate. 15 parents are involved, arguing the district is breaking the law by requiring a mask. Attorney Jared Woodfield tells Fox seven. The governor's executive orders very clear here. SDS cannot put mask mandates in place. What they're doing is illegal, but they continue to do now for for weeks is illegal, and it's time that they be held accountable and that they follow the law of the state of Texas. A hearing is set for September 23rd. Williamson County and city of Taylor are ready to welcome Samsung's new $17 billion manufacturing plant. Of course, this all hinges on whether or not Samsung even chooses Taylor in the first place, since there are still other cities in the running, But by unanimous joint vote between the city and county Judge Bill Gravel says they're willing to offer Samsung 20 years worth of deep tax rebates.

Patrick Osborne Greg Gutfeld New York Joe Biden Trump 20 years United States Washington D. C Pennsylvania $17 billion 46% Williamson County September 23rd Fox Fox News Samsung Saturday 200 people 47% 64%
"$17 billion" Discussed on KLBJ 590AM

KLBJ 590AM

06:52 min | 1 year ago

"$17 billion" Discussed on KLBJ 590AM

"Of a $17 billion Samsung manufacturing plant. If Samsung does choose Taylor to build that facility, 1800 new long term jobs would be added. As well as an estimated 10,000 short term construction jobs. San Marcus approved the first reading of the new property tax rate, which is a full cent higher than the original proposal of 0.593 cents per $100. The council says the extra penny can fund three new traffic officers, which chief Stan Standard says they don't have any of right now. Our citizens crash on average about 3200 times per year, he says. Current traffic duties are covered by patrol officers, but the city only has six of them. The new rate will be finalized later this Month, and in 2016 more than three million taxi rides were given in Austin. This year, The Transportation Department predicts fewer than 300,000. So the urban transportation commissions now recommending that the council no longer considered taxi companies to be public utilities, and instead allow for an independent operating model, which will let them compete with ride sharing companies going to be hot today. No chance for rain high near 100 degrees nine. Patrick Osborne connect with US at news radio. K. L b j dot com Their live local and they're talking about the stories that matter to you Share your opinions with Mark and Melinda at 51283605 90. Now here are Mark and Melinda Santiago Alvarez owns eight apartment buildings, 1200 total units, and, he says, From now on, only the fully vaccinated will be able to rent an apartment unit from me. This is pushing that vaccine mandate further than I think anyone even anticipated when it starts to go against whether or not you can rent out a place to live. Uh, I don't know. If he's on legal ground. I know I know this story talks about well, Florida has said You can't, um, have a a vaccine mandate and so that But I just overall are you able to discriminate against renting your place out to someone because of their vaccine history? Or lack of. Well, uh, I've never filled out and medical history when I go into go over in an apartment. No, you haven't and the the vaccinated or unvaccinated or not a protected class? As we typically look at the federal legislation protected classes, being religion, gender, those sorts of things he believes that he's on legal ground. We'll get into that in a second, but he's doing this Because he says he's tired of seeing people die of Covid 19. He claims, he said 15 of his tenants have died of Covid 19 over the course of the pandemic, and he owns all these apartment buildings in South Florida. And he says, I'm just tired of it. We don't want this happening anymore to our tenants. So from now on, when your lease comes up for renewal if you're not fully vaccinated I'm not going to sign a new lease with you. You're out of here. Listen. Nobody wants to continue to see people die because of covid. But to go in and say this place where I mean most of the time. When you're inside your dwelling. It's amongst your loved ones. You're not, you know, inviting over complete strangers or having the whole apartment complex, come to your house and giving them covid, so the chances of them actually getting it from someone else in their apartment that they building that they have no idea who they are. Has got to be very, very, very, very, very, very slim. You could pick it up somewhere else. Yeah, Absolutely. So, this this As much as we have had. You can't evict people. I can't imagine that this would be one of the things that you could evict them on. However, our government seems to be behind this push for vaccine mandates so they probably would get behind this. You mean the feds? Yes, Yes, Yes, they are now this is in Florida Governor. The Santos has issued an executive order saying the Santas Has issued an executive order, saying businesses cannot require a so called vaccine mandate or passport of their customers. But the attorneys representing this owner of the apartment building says hold on We think we have a loophole here. These people are not customers. So we're not violating the governor's ban that he has issued with the executive order. We think there's a clear distinction between someone who is an occupant of an apartment dwelling. And someone who's just a patron or customer who visits for a short duration and then leaves the business. Come, Uh One. Do you offer a service that you are in return paid for? I think that's kind of the definition of a business and that's what they're doing. They're offering. Yes, it is a dwelling, but you're paid for that. So to me that seems like a business. But if you want to say that, you're not Business so that you can get around this, Um You know, I'm always saying it's your business. You should be able to run it the way you want it and the chips fall where they may? Yes, But if you're claiming you're not a business How does that work? I think at their core. They are customers. That's how I would define them. You're providing a service that they're paying you for that to me is a business. Well, The attorneys who represent the owner of the apartment buildings believe they have found a legitimate legal loophole and they're going to give it a try. And they say, starting in the very near future, when tenants are up for signing a new lease, they better be fully vaccinated and be able to prove it or they will not get a new lease from the owner period. And he thinks this is going to cut down on debts. I'm not persuaded that what he's doing is going to cut down on Covid 19 debts. I I don't know that it cuts down on desert, most likely, really not going to cut down on cases. I mean, as we've seen It affects every individually different. So for you doing this. I don't think it has an impact that you think it will. And I mean, what is he offering up? Helped for these people to find other places. I don't see it mentioned in the story. I mean, we talk about so many time the homeless and you're not having people out on the streets and this Potentially. I mean, I don't know what kind of apartment this is What kind of neighborhoods These are in? Could put people out on the streets. All right. Here are the numbers 51283605 90 Call or Texas? Great to have you with us. Mark and Melinda Live in local. It's 10 08 at K L..

Mark Patrick Osborne South Florida 0.593 cents 2016 51283605 90 15 Austin Samsung $17 billion six This year Texas more than three million Stan Standard 10,000 short term construction one three new traffic officers Transportation Department $100
"$17 billion" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:35 min | 1 year ago

"$17 billion" Discussed on Bloomberg Radio New York

"International vaccine passport within the next few weeks at Baxter has global news from the 9 60 newsroom in San Francisco ahead. Yes, interesting here, Brian to prove their immunization status, of course, overseas in on their return as well to problems. Bloomberg's Paul Allen says the system is for internationalists pretty much straight forward. You would get a vaccine certificate that might be on your phone. It could be imprinted form. There's some plans as well to link that the microchip, which is embedded in passports, All it really needs to be done is working out which countries will recognize which vaccines. But if you take the U. S, for example, that allows for us approved shots and those approved for emergency use by the WTO's So that includes AstraZeneca, which has been a huge part of the roll out here. So in theory U S Australia Corridor would work under the plan and we could share a beer. I'll by Prime Minister Scott Morrison also asking state and territory leaders how they plan to integrate certificates into existing check in apps and for their timelines for any home quarantine. Britain's Prime Minister Boris Johnson, proposing a $17 billion annual tax hike to put the social and health care system back on its feet. You can't fix the covid backlogs without giving the NHS the money it needs and you can't fix The NHS without fixing social care. You can't fix social care without removing the fear of losing everything to pay. Social care, Johnson says there these are reasonable steps at 1.2251 and a quarter percent payroll tax increase. The House of Commons is scheduled vote tomorrow. The US has reached a landmark 75% of the population with at least one dose of vaccine this as of today, President Biden plans a speech on Thursday outline of six pronged strategy to try and gain more control. Texas governor Greg Abbott has signed the voting restriction law today. I feel extremely confident that when this law makes it through the lady litigation phase, it will be upheld in a court of law because exactly what we've said. It does make it easier for people to be able to go vote. Yeah, CL says it will be going to court, saying the law blatantly is restrictive and constitutional. Another last vestige of Hongkong's opposition has gone the end of last month, Chang Shang Tai was stripped of his seat and now confirmation that his political party civic passion is dissolved as a Facebook post. He has not responded to multiple comment. Requests from Bloomberg. U. S. President Joe Biden of the Northeast today touring the damage from Hurricane Ida, seeking congressional funding to rebuild also saying, This is where climate change deniers need to come on up and trust the science. Climate change poses an existential threat to our lives. To our economy and the threat is here. It's not going to get any better. Question. Can it get worse? We can stop it from getting worse. Yeah, he says, get serious, Engage the globe. Former Japanese Foreign Minister Fumio Okay, should a candidate for prime minister has told the Wall Street Journal that Japan needs to consider building a missile strike capability against potential foes like China and North Korea. This being first strike capability in San Francisco. I'm Ed Baxter. This is Bloomberg. Alright, Brian. All right. Thanks very much had 22 minutes here before the top of the hour is time for world sports..

Ed Baxter Thursday Paul Allen Johnson $17 billion San Francisco House of Commons 22 minutes Chang Shang Tai 75% Brian WTO Bloomberg today Baxter Facebook Prime Minister 1.2251 AstraZeneca CL
"$17 billion" Discussed on KLBJ 590AM

KLBJ 590AM

02:36 min | 1 year ago

"$17 billion" Discussed on KLBJ 590AM

"News. Hey, LBJ News Time is now 802. Good morning. I'm Mark Caesar. This update is brought to you by accurate leak dot com. The Austin Police Union is very unhappy with response times over the Labor Day weekend, President Ken Castle Day tells CBS Austin It's taking officers 3 to 4 times longer to respond to major crimes like assaults and murders, 11 or 12 minutes. We're having to wait for a Police officer to get there when you've been shot or stabbed, er, sexually assaulted or whatever the priority is, he blames the longer times on staffing shortages. Delays in new cadet classes at officers leaving to work for other departments. Mayor Steve Adler continues to defend the city's crime rate is being one of the safest in America. While Samsung remained silent on a possible location for its $17 billion semiconductor plant. Speculation continues to grow that Taylor will be that new home. The Taylors City Council and the Williamson County Commissioners court have a joint meeting scheduled for tomorrow to talk about the development, including tax incentives for Samsung. The plant could add up to 1800 new jobs. Governor Abbott's popularity has slipped, according to a new poll poll from The Texas Tribune University of Texas Political Project shows the governor with 41% approval, but 50% disapproval and 52%, saying the state is headed in the wrong direction. Political science professor Cal Jillson says the governor likely isn't too worried by the numbers because of the successful Republican legislative and special sessions, thinking that they had passed a lot of conservative bills that would please the Republican base that want to guarantee that Abbott is in good shape for the Republican primary, Jillson says. After the primary, the governor will tailor a message aimed at all Texans. Robert Wood News Radio K L. B J 804. Here's Austin's on Time Traffic with Melinda Branch 35. Southbound slowing down through the round rock area. We're also seeing slow traffic conditions in between Howard Lane and breaker and then as you get closer to downtown 35 north and slowing down from South told 45 on end to Cesar Chavez over on mo pad congestion has filled in southbound from Parmertor 20 to 22 23 southbound slowing down from MacNeill's term OPEC. We also have reports of Iraq on 23 North found animal pack and assault at Children. Melinda Bring out with Austin's on time traffic. This segment Brooke LBJ Radar Weather Watch High today. 97 Low 72 Tomorrow's I 99 It's 73 Degrees. Connect with us and news. Radio..

Mark Caesar Jillson $17 billion Cal Jillson Howard Lane Samsung 52% America 3 11 73 Degrees Austin 12 minutes today Robert Wood News Austin Police Union OPEC President Parmertor 20 tomorrow
"$17 billion" Discussed on KOMO

KOMO

03:46 min | 1 year ago

"$17 billion" Discussed on KOMO

"All the Sagan, who has had to temporarily closed her bakery on troubled Third Avenue. She hopes the plan will turn downtown around. Do we really want to see the road map and how their funds going to be used and what is a long term effect of this investment? Downtown Seattle association says 462 downtown businesses have closed during the pandemic, but since then there have been 279 new business openings. Providing some hope that Seattle needs we've had great progress over the last couple of months today in downtown more than 75% of the businesses that existed prior to the pandemic are open. Some of those projects include efforts to address empty storefronts. Direct cash assistance to downtown small businesses and workforce development programs for not only the unemployed but underemployed hospitality workers right here downtown. In Seattle. NPR Costa Niche Common X Dale Evans ice checks in from the Beacon Plumbing Sports Desk. Aaron Judge in the New York Yankees, headed to Seattle for a three game series with the Mariners Games have been chipping away at the Ale West standings, winning six of their last 10 games and winning another series last night with a 41 win over the Texas Rangers. You say Kikuchi named to his first All Star game, but he's the only Mariners on the roster. He's going to join up with former Mariner Nelson Cruz, who at 41 is making his seventh appearance on an All Star roster. This time as a Minnesota twin. Pretty shocking, um, excited, you know, um, definitely, um, a lot of good to great. She's not there and really proud to be representing betweens. Nelly was a three time All star for the Mariners. Alex rolled on his first goal in the MLS was enough to keep the Seattle Sounders from adding a loss to their record. The Sounders played to a 11 draw in Colorado. They've now won seven matches tied five but still no losses and 21 points from Briana Stewart helped the Seattle storm to an 84 74 win over the L A. Sparks L A has a chance for retribution later this week as they trek to the northwest for Wednesday game on the storms, home Court sports at 10 and 40 past the hour. I'm Taylor Vance. Ice. KOMO News, a report says. There's a major fraud problem in the booming legal marijuana business. An investigation claims there is corruption in some testing labs. Driven by the demand for THC GMOs Holly Menino breaks down the claims and why customers might not be getting what they pay for legal marijuana is growing in the U. S. It's a $17 billion per year business. But according to an investigative report by FIVETHIRTYEIGHT, the industry is rife with fraud and you may be getting ripped off. Consumers are looking for as much THC as they can get. Which is creating financial rewards for having more THC and products. That's also creating some really perverse incentives in the market to fraudulently inflate how much THC is actually in that product. THC tetrahydrocannabinol is a psychoactive compound found in cannabis. It's what produces the sensation of being high. And experts say businesses often charge more for higher concentrations of it. The idea with a lot of consumers is that they're getting more value more bang for their buck. But there's a problem right when we can't trust the potency is on those labels. You know, it creates problems on on the whole market. Black says its reputation as the most important part of marijuana is overblown. There's over 100 other active compounds in the plant that affect how You get high when you consume cannabis, Fivethirtyeight found certain labs across a number of states required to test cannabis on legal farms before it can make its way to the marketplace have been caught inflating their numbers on THC. Potency. Passing moldy cannabis is safe and even making up results. The labs customer is the farm. So if the labs giving a.

Briana Stewart Texas Rangers Alex Kikuchi $17 billion Aaron Judge Holly Menino Dale Evans 21 points Wednesday Taylor Vance New York Yankees Mariners Seattle Sounders five six Nelly Colorado 84 three game
"$17 billion" Discussed on KOMO

KOMO

03:02 min | 1 year ago

"$17 billion" Discussed on KOMO

"And just up the road on Occidental Locus wine is welcoming back guests with traffic ramping up. Earlier this week. It kind of went from 0 to 1000%. It felt like down here for those still up and running. It's a time to soak up the moment and the progress that's been made. Without losing sight of the past. The road ahead is one of some uncertainty mixed with excitement. We kind of got this cautious optimism right now and really looking forward to this place coming back. And many boat patrols. Agencies are cruising the waterways all around the state this weekend. It's operation dry water with a goal to remind all voters the drinking while operating any boat is illegal and can be deadly. Spot inspections can be expected as they will check for safety equipment as well. Rob Sendek of Washington. Boning also says there are free life jackets available If you need one, a life jacket loaner program, the folks the agencies that manage water access spots. We work with them. There's over 220 of them in the state. We supply life vests, and they're at the boat ramps or maybe on the beaches where there's human powered watercraft. We send them life vests, and you can just borrow life vest. Sendek says. It's on the honor system and you are asked to return all the vest you borrow after use, a new report says there's a major fraud problem in the booming legal marijuana business. An investigation claims there is corruption in some testing labs. Driven by the demand for THC. Cuomo's Holly Menino breaks down the claims and why you might not be getting what you pay for legal marijuana is growing in the U. S. It's a $17 billion per year business. But according to an investigative report by FIVETHIRTYEIGHT, the industry is rife with fraud and you may be getting ripped off. Consumers are looking for as much THC as they can get. Which is creating financial rewards for having more THC and products. That's also creating some really perverse incentives in the market to fraudulently inflate how much THC is actually in that product. THC tetrahydrocannabinol is a psychoactive compound found in cannabis is what produces the sensation of being high. And experts say businesses often charge more for higher concentrations of it. The idea with a lot of consumers is that they're getting more value more bang for their buck. But there's a problem right when we can't trust the potency is on those labels. You know it creates problems on on the whole market. Block says its reputation as the most important part of marijuana is overblown. There's over 100 other active compounds in the plant that affect how You get high when you consume cannabis, Fivethirtyeight found certain labs across a number of states required to test cannabis on legal farms before it can make its way to the marketplace have been caught inflating their numbers on THC. Potency. Passing moldy cannabis is safe and even making up results. The labs customer is the farm. So if the labs giving a.

Rob Sendek Holly Menino $17 billion 0 1000% Washington Earlier this week Sendek Occidental Locus Fivethirtyeight over 100 U. S. Cuomo this weekend FIVETHIRTYEIGHT over 220 of THC one tetrahydrocannabinol Block
"$17 billion" Discussed on NewsRadio KFBK

NewsRadio KFBK

01:41 min | 1 year ago

"$17 billion" Discussed on NewsRadio KFBK

"All, I found our dream house has a pickle. But I found out how much the house was going to cost passages. But I found us the perfect mortgage. But then I found that the house had radar. The radioactive gas. That's the second leading cause of lung cancer. Two pickles on the phone number to call 1 800 s O s raid on where you can get all the information you need to test your home and fix the rate on problem. No, I'd like some ice cream with this pickle. Are you trying to tell me something? Protect your family from radar call 1 800 s O s, r e d O m. 1 800 s O s ridden. Probably okay. Just some gum in my mouth. Step out of the car, please. Probably okay. Isn't okay when it comes to drinking and driving. If you see a warning signs stop and colic have a car or a friend. Bus driving is drunk driving a message Brought to you by Nitze and the Ad council. Local news breaking news, traffic and weather news 93.1 kfbk. Last year Americans bought over $17 billion worth of legal marijuana, and a lot of that financial reward comes from the THC. Potency in the drug. THC is the compound in marijuana. That gives you the psychoactive high you associate with pot use, and a lot of people think when they see a higher amount. They're getting better week. It's not necessarily the case. But that perception has left. The lab system entrusted with measuring the THC vulnerable to corruption and labs across the country are facing penalties for manipulating potency results. Mr Black is a contributor with our partners at 5 38. He broke the story and I got to talk to him about it this week. What is the big deal? If I see, you know, uh, ghost trained at the.

Last year over $17 billion this week Black 93.1 kfbk Two pickles Nitze 5 38 second leading cause 1 800 s O Americans council THC 1 800 s O
"$17 billion" Discussed on KNST AM 790

KNST AM 790

05:56 min | 1 year ago

"$17 billion" Discussed on KNST AM 790

"One discovery had, like pretty much every channel has their own streaming service as well. How successful they've been is like kind of a toss up, you know? Um, I think they're going to have to be a little more innovative. I don't think I'm gonna I personally am not going to buy like a discovery. Extremely service, you know? Yeah. And like Paramount. Yeah, yeah. Paramount amounts. Pretty good. Yellowstone's a cool show. They got a lot of the good you can get that on Amazon Prime get another, exactly. There's other ways to get out. You already do it, And we already have Amazon Prime, So I'm not going to buy that. I don't know what the answer is, but I think they have to find another a new at the end of that, So they're gonna have to adapt with the times if they want to stay alive, because I mean Netflix what they spend $17 billion on production last year, So we watched the move My Wife and I watched the movie last night, just released in May called Blue Miracle. Okay, excellent cinematography and just everything about it. Who's the main actor? Dennis Quaid? Me amazing movie, and I thought So I Google they're thinking like when you Google most movies that tell you what the production cost was and obviously what they made in theater, But because this is not in the theater, how do they How do they look at that and say this was a good investment? And what is something like that cost? Well, that's the thing. Well, the cost varies. Um, you know, I think a lot of actors and stuff and and companies are going to Netflix and things because they get more money to shoot with them because they're not. They don't need box office returns to be successful. They get viewership and and those numbers can be skewed. No one honestly knows like Netflix says, Oh, we had a hit Everyone's watching. Don't know if they watch the what's the word, everyone young or they did that play something else and actually played five minutes of it. Yeah, you know, And so I don't know what their exact parameters are, because I think it's only like if they watch the 1st 10 minutes accounts as something then it's like up to the whole movie is like other numbers. Um, but when they call the movie successful, they say, you know, 200 million people watched this movie over the weekend. It's like, I don't know that that sounds pretty successful to me, you know, and then and they don't need like I said they don't need box office numbers so they can keep putting all they needed subscribers. Right? They've got to keep going there Subscriber ship or keep the ones they have. So if they're making Sequels and what not to shows and movies that that they deem hits, that's all they have to keep doing their maintaining viewership. Then it's cost effective. Exactly. And so I mean, it's cool they team up with guys like Scorsese, You know, uh, the Irishmen. They're doing another Scorsese movie like they're getting the big players now and being taken much more seriously. Yeah, That's because when I first started kind of just like Average movies at best, and then they started getting a few superstars and sounds good. But yeah, I mean, I saw this thing, too, that like they changed their whole way about going for TV seasons like make them shorter. Is more cost effective is through covid like that flight attendant show they did on purpose. Only eight episodes. When do you have all this time? You guys are mentioned he shows I interviewed Heard of before. I never met my dad. No, but succession. Don't know what that your aunt don't know What that I think you would like succession. Okay, great, HBO, okay? Yeah, No, I've watched. I think my dad finished Netflix during covid like during the show. You got a medal in the mail. The foreign shows on there doesn't even just looks at the lips are moving, like 10 seconds behind. Right? Yeah, I mean, It's kind of crazy going through all that. And then you got to, uh All the different movies and coming out. I mean, how many? What Like you. You kind of catching up to Netflix and stuff, you know, or In that sense, I haven't read much on who in a way. Yeah. I mean, who has got its own thing where they get the T V the next day. It's like they're hook, you know? Yeah. And then you got you got Disney. Plus you have this? Yeah. And who lose? Got the deals with other channels, too. So that's like the networks we were talking about. Like FX is on Hulu, right? Yeah. So you can go watch like snowfall. Those kinds of who also has this thing Where like I mean, because now they're kind of trying to take out like direct TV and Comcast and all, too, because they have $50 a month. You can get five watch life on in sports, and that was the biggest thing that kept everyone on the on the cable right And that's why you both is going to, like, keep growing fast because they came out. Right before the pandemic They were based in like trying to do extreme sports and then short sports. Shut down for a year. Almost, uh, like you kind of wonder how much are they going to grow? Right? Yeah, I mean, so like going forward, though, Do you think it's going to stay in Catholic? Do you think California is going to stay as like the main hub of entertainment industry? Or you think it's going to branch out more? Because I know Austin's growing Atlanta's been growing, but I heard it's kind of slowing down there. Yeah, they're all different. Austin is like very well known for their commercial industry. So you'll get like like, uh, Southwest is there Sony, like a lot of big commercial industry is there Um, California, Hollywood is like the hub for like agencies and networks and things. Productions already moved away from California. New Mexico is big Atlanta, New Orleans, Uh, Montana, Like, really. Buffalo. There's so many different places. Are they throwing money at these companies? Is that Yeah, so it's the tax extent incentives and then, uh, Well, that's really it. Well, isn't that white people stopped going or like companies stopped going Atlanta because they took away the incentive or they wanted to take it in the movie industry, right? Yeah, yeah, because they were well. They went away from Atlanta because of politics. Yeah, I thought it was because they were taking away tax incentive as well. I don't know about that. Uh, but you might be right. I don't. I haven't heard that. I just know they were all moving away. Yeah, because whatever that one thing that's got to know that like Austin was commercials. Atlanta's like movies and stuff. Atlanta was big marvel. They moved to New Mexico and with Netflix is C g. I everything. No, they just they spent like a billion dollars on movie studios there. Oh, wow. The land for it, Um Yeah. I mean, do you think like going like the theaters and stuff? I know you've been to a Roadhouse a couple times since reopened. Do you think it's going to Stay permanent, where people kind of stay at home, and they released him straight to streaming the movies straight to streaming services. I think so. I think when you have a family and you're looking at the cost of going out, and you say you have two kids, even and there's $100 just to get into the theater. And you can buy the movie for $30 at home and make your own.

Comcast $17 billion Dennis Quaid $30 $100 Disney Blue Miracle New Mexico Netflix HBO New Orleans two kids Sony five minutes Scorsese Amazon Yellowstone Montana last year Atlanta
Florida Law May Thwart Effort by Cruise Industry to Set Sail

Morning Edition

02:05 min | 1 year ago

Florida Law May Thwart Effort by Cruise Industry to Set Sail

"A seven night Caribbean cruise from Fort Lauderdale, with all crew and adult passengers vaccinated. Cruise industry has been shut down for the past 15 months by the Corona virus pandemic. The CDC said last month that cruise ships with nearly all passengers and crew vaccinated can resume sailing. But NPR's Greg Allen reports there is a problem it violates a Florida law. This ad by celebrities sums up the relief and excitement among cruise companies. Some day is finally here and we're ready to sail beyond again. Extended shutdown has cost the industry more than $17 billion in direct losses. The celebrity cruise departing June 26 will be the first under new CDC protocols. CBC says ships can resume sailing under two scenarios. The first is after conducting tests cruises with masks and social distancing in place show they can keep passengers and crew safe. The second scenario, when advocated by the industry, allows ships to resume sailing immediately as long as 95% of passengers and crew are vaccinated. Chris Gray Faust is managing editor of the website. Cruise critic. People will not have to wear masks, they will not have to do social distancing and at least in the US, they'll be able to do shore excursions without you're staying in a cruise ship bubble type of situation. The idea of requiring all adult passengers to be vaccinated is popular not just with the companies but also cruise passengers. House says the survey conducted last week found 80% of cruise passengers said they would prefer to sail on a ship with a vaccine requirement. So what we're finding is that Abbott cruisers want to get back to see, but they would overwhelmingly prefer to be on a ship with vaccines. That's what passengers want. It's what cruise lines want. But it's not what Florida Governor Rond de Santis once. He recently signed a bill passed by the Republican Legislature at his request, which bans company from requiring any customer to show proof of vaccination. Under the law, each violation carries a $5000 fine. Asked about it last week, De Santis said, applies to cruise lines and that if they violated, they'll pay. We are going to enforce Florida law. I mean, We have

CDC Greg Allen Chris Gray Faust Fort Lauderdale NPR Caribbean Sailing CBC Florida Governor Rond De Santis Republican Legislature Abbott House United States De Santis
Samsung wants $1 billion tax incentive for new Austin plant that would create 1,800 jobs

Michael Berry

00:18 sec | 2 years ago

Samsung wants $1 billion tax incentive for new Austin plant that would create 1,800 jobs

"Semiconductor, once the city of Boston to give it a massive tax abatement in exchange for building its new chip making plant, their Samsung wants a 100% property tax reimbursement for the $17 billion facility for at least 20 years. The six million square foot plant like create almost 2000 positions, most of which would pay six figures.

Boston Samsung
Senate "highly likely" to work through weekend, McConnell says

Bloomberg Daybreak: Asia

01:04 min | 2 years ago

Senate "highly likely" to work through weekend, McConnell says

"Leaders Doug working through the final sticking points in the relief deal. The agreement probably won't come together in time for both Chambers studio to vote before Friday, Senate Majority Leader Mitch McConnell saying that lawmakers still have some work to do in order. To reach consensus, though. I'm going to stay right here. Right here until we're finished unit that means working through the weekend, which is highly likely. Until the draft plan is worth roughly $900 billion, and it includes $600 in payments for individuals of the same time. It has a $300 per week and supplemental unemployment insurance payments and eight for small businesses. Plus, there's $17 billion for airlines over the proposal Image two key areas and that's eight to state and local governments. Has won his lawsuit liability protection. The goal is to attach the relief package to spending bill to fund the federal government through to the end of the fiscal year. If there are objections to this temporary funding, the federal government could shut down briefly over the weekend. Well, we go

Mitch Mcconnell Doug Senate Federal Government
Salesforce is in talks to buy Slack, deal could be announced next week

Bloomberg Markets

00:41 sec | 2 years ago

Salesforce is in talks to buy Slack, deal could be announced next week

"Of of a a story story that that crossed crossed a a few few moments moments ago. ago. Dow Dow Jones Jones Newswires Newswires is is reporting reporting that that sales sales force force and and slack slack held held conversations conversations about about potentially potentially salesforce salesforce taking taking over over slack. slack. It It would would be be a a $17 $17 billion billion deal deal be be a a major major deal deal for for the the industry's industry's lack, lack, of of course, course, trading trading under under W. W. Or Or K. K. Uh, Uh, Paul. Paul. Yeah, Yeah, that that would would be be really really significant significant in in the the you you know, know, you you think think about about the the software software business business too too big, big, big big players players think think possibly possibly get get it it together, together, and and I I think think you know you know the the market market is is treating treating it it like like it's it's almost almost until until with with salesforce salesforce up up substantially substantially and and sorry sorry Sales Sales force force down down quite quite substantially substantially and and slack slack up up substantially. substantially. But But these these were were just just a a preliminary preliminary talks talks sudden sudden we we don't don't know know if if anything anything is is going going to to emanate. emanate.

Dow Dow Jones Jones Newswires W. W. Paul Salesforce Salesforce
Slack’s stock climbs on possible Salesforce acquisition

Bloomberg Markets

00:41 sec | 2 years ago

Slack’s stock climbs on possible Salesforce acquisition

"Point of a story that crossed a few moments ago. Dow Jones Newswires is reporting that sales force and slack held conversations about potentially salesforce taking over slack. It would be a $17 billion deal be a major deal for the industry's lack, of course, trading under W. Or K. Uh, Paul. Yeah, that would be really significant in the you know, you think about the software business too big, big players think possibly get it together, and I think you know the market is treating it like it's almost until with salesforce up substantially and sorry Sales force down quite substantially and slack up substantially. But these were just a preliminary talks sudden we don't know if anything is going to emanate.

Salesforce Dow Jones Paul
Oklahoma judge to rule in $17 billion opioid lawsuit against J&J

Rush Limbaugh

00:32 sec | 3 years ago

Oklahoma judge to rule in $17 billion opioid lawsuit against J&J

"A ruling expected later today Oklahoma's case against opioid maker Johnson and Johnson Jim Forsyth reports Cleveland county district judge fat Boltzmann's decision will be in the first state case to go to trial accusing an opioid drug maker of being responsible for the devastating consequences of pain killer addiction the case is at the forefront of a wave of lawsuits against drug companies over the opioid crisis Oklahoma Attorney General Mike hunter has called Johnson and Johnson a king pan in the devastating public health

Oklahoma Johnson Jim Forsyth Mike Hunter Cleveland County Fat Boltzmann Attorney
Oklahoma judge to rule in $17 billion opioid lawsuit against J&J

Lee Matthews

00:38 sec | 3 years ago

Oklahoma judge to rule in $17 billion opioid lawsuit against J&J

"Up a ruling expected today in Oklahoma's lawsuit against pharmaceutical giant Johnson Johnson who the state accuses of fostering an opioid epidemic Kevin brown reports the state of Oklahoma has been suing Johnson and Johnson and their drug making subsidiary Jansen claiming the company's knew the risks of opioid abuse among patients and continue to push the drugs for use by doctors and pharmacies unlike other cases with other pharmaceuticals this case was not settled out of court and the trial resulted in a trove of evidence in the form of usually private drug company data and communication being made public Johnson and Johnson denies any

Oklahoma Johnson Johnson Jansen Opioid Abuse Kevin Brown Johnson
Oklahoma judge to rule in $17 billion opioid lawsuit against J&J

This Morning with Gordon Deal

00:22 sec | 3 years ago

Oklahoma judge to rule in $17 billion opioid lawsuit against J&J

"And call the judge is expected to rule today on a lawsuit accusing a drug company of helping fuel the opioid epidemic this is going to be the first verdict that will determine whether Johnson and Johnson sale of opioids and some of the raw materials that go into opioid making can be held responsible for the opioid epidemic in Oklahoma it's ABC's Erin

Johnson Oklahoma ABC Erin