19 Burst results for "$42 Billion"
"$42 billion" Discussed on WBZ NewsRadio 1030
"Due to dredge the Merrimack River and deliver 160,000 cubic yards of sand in the barrier island to alleviate beach erosion, But recent storms have washed out parts of reservation terrorists. And threatened the local water supply. We're trying to manage it and hoping dredging will kind of help mitigate some of this, but to be candid with you just this morning. We're talking about evacuating state Senator Bruce Tarr, helping coordinate federal, state and local responses to the erosion acknowledges that while dredging is on its way and longer term solutions being pursued Short term is indeed a concern on club on. This is a particular challenge to find something that will offer protection to these homeowners and to the public infrastructure between now, and the dredging project from Plum Island will be all WBZ Boston's NewsRadio. The White House says four cases of measles so why the US has stopped all inbound flights of Afghan evacuees from Germany and Qatar. Press secretary Jen Psaki talked about it. Welcome flights into the United States have been temporarily paused at the request of the CDC and out of an abundance of caution because of four diagnosed cases of measles. Among Afghans who recently arrived in the United States. Measles vaccines are required for Afghans coming to America. Meantime, according to a British spy chief, the Taliban takeover in Afghanistan might lead to the return of major Al Qaeda style attack plots against the West. Head of the U. K's domestic intelligence agency says Britain and others could now face more risks because of the withdrawal of NATO forces. With the Taliban regaining control. Am I five Director General Ken McAllen believes Extremists may well feel emboldened the Kabul takeover, providing a psychological or morale boost terrorists already in Europe and beyond countering the risky fields requires once again increased vigilance. Tom Rivers, ABC News at the Foreign Desk, 4 38 we had to Wall Street brought to you by Enterprise Wealth management Division of Enterprise Bank, Andrew Day is at Bloomberg. And the week is over. That's the good news. It is a good news. It was a zigzag day for Wall Street with index zigging up in zagging down, then up, then, ultimately down again. We close at session Lows down fell. 272, NASDAQ lost 133 S and P 500. Down 35. That's five losing days in a row for the Dow and S and P Harvard University will look to a different place to help energize its massive investments. Harvard Management, which runs the schools, $42 billion endowment, will stop investing in fossil fuels. And instead put money into the green economy. The announcement follows years of pressure from students and amid increasingly urgent demands from investors that financial institutions withdraw their support from businesses contributing to man made climate change. Andrew wrote Bloomberg Business on WBZ Boston's NewsRadio Hey, Alexa, play WBZ.
"$42 billion" Discussed on Newsradio 700 WLW
"It's time for the Bloomberg Market Minute on 700 wlw. Alright Jeff Belanger companies continue to revise their return to office plans and certainly The building we're in is no exception. I'd say we're still not even half full. So the latest alright BlackRock among the latest big companies to rethink their plans for getting workers back to offices. Black Rock had been hoping to start employees on hybrid schedules next month. It now says the spread of the Covid 19 Delta variant calls for more flexibility. American Express said Just yesterday it's delaying its return to offices until late January, and Microsoft scrapped its October 4th return to office targets, saying it can't say when workplaces will reopen because the virus is just too unpredictable. Yeah, it's amazing, almost never share the elevator with anybody in this. It's just weird. It used to stop 23 times on the way up or down, and it just doesn't anymore. Alright, Harvard's going greener. What are they doing? It's putting itself financial might behind the green economy. Harvard announcing it's going to end investments in fossil fuels. The university will use its $42 Billion Endowment fund to support non polluting industries. Harvard says it no longer has investments in companies that explore for or developed fossil fuels and will not make such investments in the future. Okay, then Apple has a change in the C suite. Yeah, it moved one of its top software executives to the unit that's working on self driving vehicle technology. Kevin Lynch is going to take over the post that was vacated this week when Doug Field left for Ford Motor Company, A. Lynch had been in charge of Apple's watch division about that. Futures are they are as higher steady at higher levels. This morning s and P futures up 21 NASDAQ Futures are up 75 now Futures of 182 points this hour from Bloomberg. I'm Jeff Belanger on NewsRadio 700 wlw..
"$42 billion" Discussed on KQED Radio
"Harvard University has announced that its $42 billion endowment will fully divest from any fossil fuel investments. It's an abrupt change for a university that rebuffed demands from student activists for years. From member station GBH. Kurt Cara Pisa has more Harvard administrators have long dismissed calls to divest from fossil fuel investments, saying the endowment should not be a political tool to fight climate change. Now. In an open letter, President Larry Back out, says the university will allow what he described as legacy investments in fossil fuels to expire. No timeline was given. But back out, a longtime critic of divestment says, given the need to dig carbonized the planet. He no longer believes such investments are prudent and that he sees them as contrary to Harvard's teaching and research mission in a tweet environmentalists and Harvard alum Bill McKibben. Think student activists for their remarkable perseverance for NPR news. I'm Kirk therapies in Boston, the Environmental Protection Agency will try again to block an open pit gold mine from operating in Alaska's Bristol Bay. The waters are home to North America's most productive salmon. Fishery. Indigenous people who live in the area say the mind would threaten their way of life. The EPA decision reverses action taken by the Trump administration. Leaders in Lebanon say they have just reached an agreement on forming a new government. The economically strapped country hasn't had one for more than a year. The economic crisis has thrown most of Lebanon into poverty. I'm Corvette. Coleman. NPR.
"$42 billion" Discussed on KOMO
"To form a new government. A spokesman has said that they will be announced in the next few days. There have been talks over the last three days. What is quite clear now is that there won't be any non Taliban members as part of that government. That's ABC News correspondent James Longman. Come on news time. 6 20. That's time to get to our propel insurance Money. Update Two consumer groups are accusing the insurance industry of short changing drivers on pandemic rebates. Many policyholders all but stopped driving during pandemic lockdowns and some insurance companies gave rebates. The Consumer Federation of America and the Center for Economic Justice say insurance companies pulled in $42 billion in excess premiums, but rebated only 13 billion, another sign that the labor market is gradually recovering from the coronavirus pandemic. First time claims for unemployment benefits last week were the lowest in almost a year and a half. Still, 340,000 Americans applied for the initial jobless claims, and one of the states were the biggest jump. Was Oregon. A majority of US employers plan to make being vaccinated for the coronavirus, a requirement before the year is over. This is, according to a poll by Willis Towers Watson, which found 52% of companies could have at least one mandate in place for workers. Roughly one in five businesses already have requirements. Amtrak Google, The Walt Disney Company are among those with some sort of shot mandate in place. Looks like we may gain a little ground on Wall Street. The opening bell rings in just about eight minutes. The Dow futures up more than 100 points right now. Come on news time. 6 21 Traffic and weather up Next on the way Home.
Florida Governor DeSantis Calls out NIH for Not Studyinf Long-Term Effects of Children Masking
"We had a whole year to watch how this is developed in Florida and throughout the United States and throughout the world, and I can tell you in Florida we had school districts that mandated it last year. Others that didn't same with private and charter and there was no statistical difference. In terms of the cases. There was a study done by Emily Oster Brown University looked at New York. Massachusetts in Florida. They found no correlation to force masking and differences in cases. But you also have a situation where a lot of parents have have come that come to me. They've come to the school boards and said This has been very difficult on their young kids to have to sit there for eight hours with this, it's not natural. It's never been studied what the effects of that are. You know, NIH has a $42 billion budget. They've not spent a single penny since Covid started studying. How these mitigations affect kids. Yeah, again again. I woke up this morning saying to myself. How is it that we live with about 100 Million people who identify as being Democrats or liberals that can be this dumb to subject their kids to this without having any idea what it's going to do to their Children? Long term? Listen, I'm asking a serious question to our liberal and Democrat friends out there of which I have none. I'm just saying, pretending I have liberal Democratic friends for just a moment, a very serious question. What kind of parent are you? You're not even interested. And that there may be significant long term downsides and deleterious effects from putting a piece of cloth over your kid's face for 40 hours a
"$42 billion" Discussed on WBZ NewsRadio 1030
"Heroes. Everyone I've spoken with here in winter. It is shaken after three people were killed on Saturday afternoon. Nixon notices especially heartbroken. I lost my best friend. Great, great guy. Everybody loved him. Tragedy began when a stolen truck crashed into a small brick building completely destroying the house. The driver emerged from the wreck started to run and eventually opened fire on bystanders, killing two. Witnesses say one of the victims was a retired state trooper, friend of Nick's for 53 years Wonderful human being the best of humanity. Great character, Nick says that knowing how courageous his friend was, he likely tried to stop the shooter himself, sacrificing his own life to save countless others truly believe he's a hero shooter was later killed by police. That sheer WBZ Boston News Radio on Beacon Hill, the Massachusetts House introduces a bill that would force Harvard to divest of its interest in all fossil fuel supporters. What an actor rarely used clause in the state Constitution that allows it to control the financial interests of the school and its $42 billion endowment. Meantime, Roger Williams University School of Law in Rhode Island will make a course about race mandatory for the fall semester following the death of George Floyd and the Black Lives matter Movement. It becomes one of the few schools in the United States to make the course a requirement. It is 6 33. Let's get you to work or off on vacation anywhere. You slice it on the roadways this morning, Laurie Grandi is watching. Subaru Retailers of New England all wheel drive.
"$42 billion" Discussed on WLS-AM 890
"Tell you more about that next, but first WLS weather change matter whether all the way we might have a heat wave by the upcoming weekend, let me start Friday. 77 today with more clouds than son this afternoon tonight a few clouds 56 tomorrow sun and clouds 86 Friday clouds sunshine 91 matter above 90 over the weekend currently 61 O'Hare and Midway 59 on the lakefront from the weather. By 2027 the vote 36 to 15. It still has to be approved by the house, and it requires the signature of the governor so we could see possibly the house being called into a special session to get this done or to be kicked down the road until Perhaps sometime later on. Meanwhile, the governor defending is $42 billion budget yesterday. Democrats are investing in priorities that will grow and revitalize our economy. Republicans upset, saying that they were left out of the process of making the budget. And they also say that the budget includes some things that are not friendly to business. WLS news time 8 33 take a look at what's happening out on the roads right now. And it is slow going just about everywhere this morning. The Kennedy it is slow in 70 minutes on our 10, now inbound from O'Hare to downtown Eisenhower. Slow. Stevenson inbounded the Dan Ryan with the ongoing roadwork broken down car right shoulder block North bound tri state at the Grand Avenue curved. Extravagant data about 15 mattress firm's best Memorial Day sale ever has been extended for a limited time shopping. Save up to $500 on top rated mattress brands like Celean, Sleepy's Plus, Get a Free adjustable base with your 6.
"$42 billion" Discussed on WGN Radio
"Governor Pritzker says Illinois is on track to head into Face five sometime next week because went from last in the division to first in the division First game of June tonight at Wrigley Against the Padres, Socks or in Cleveland, more in sports and in business markets closed mixed today. We'll check the numbers in just a moment, WGN. Eisenhower 52 heading out to Ban Heim on Lee 23 inbound Stevenson 55 out to the tri state. Some inbound delays in 2 53. An accident on the album side of the Ryan of 18th and Slow inbound from 31st Lakeshore Drive already building from north to Chicago. I 80 kids et tu 94 in Woodridge. An accident. 53 75th, also in Antioch around 1 73 just west of 45 In Bensenville, it York and Jefferson family gatherings. Summer cookouts vacations. It's time to get back to the things we've missed. By getting protected with a covert 19 vaccine. Do your part. Find out more at Corona Virus that Illinois Dat Gove Merry Band of LGBT on traffic Central. The Illinois Legislature worked past it's midnight deadline to approve a $42 billion state budget early this morning, and now Governor Pritzker's putting his signature on it. For the third straight year, I'll sign into law. Another balanced budget for Illinois that demonstrates fiscal responsibility works with a progressive vision of governance. Budget generates $600 million in additional revenue by closing corporate tax breaks. It also meets the state's commitment, too, boost evidence based K through 12 funding for public schools and pays down $2 billion in debt. But skirt also addressed the pandemic in Illinois this afternoon.
"$42 billion" Discussed on WGN Radio
"The downtown daily deployment plan will stop and police will be returning to regular schedule schedules and the day off. Cancelations will no longer be in effect. An uber driver who was shot while picking up a customer in the western suburbs has died. Incident happened around 7 30 last night when when the 39 year old Joe shall let's shell Sastri was called to pick up a fare, a 23rd Street and 55th Avenue and Cicero. Police say four people attempted to rob the right chair driver and shot him. The man was transported to loyal, a hospital in critical condition where he was later pronounced dead. Kim Bova is shell cess trees and every time you see Joe, he just was smiling and so happy to see you always asking about you and what what you're doing and what's new in your life. Police say one suspect is in custody and three suspects are at large. You're late night, the less it into the early morning hours. Governor Pritzker has announced he's signing into law the $42 billion state budget approved by the Illinois legislature. The governor highlighted parts of the budget this afternoon and said there was a lot of progress made during this legislative session. Among those among the progress on gun safety. Illinois State police director Brendan Kelly worked closely with advocates and lawmakers to streamline foid card applications and expand incentives for background checks. He also applauded achievements made surrounding ethics, social justice and in the cannabis industry. President Biden is in Oklahoma to commemorate the 1/100 anniversary of the Tulsa race massacre. He's meeting with some surviving victims like Viola Fletcher. She testified before Congress last month about the massacre that still see black men sin being shocked. Black bodies lining the street. Still smell smoke and see farmer. But it is also unveiling a serious of new initiatives that his administration is launching to narrow the racial wealth gap in the country. A beauty in sports. Here's Kevin Powell. Thank you, Lauren. The White Sox have won 79 or 12 games over 500 hold a 3.5 game lead on the Indians in the central. They meet in Cleveland tonight, Dylan cease on the mound. Jose a Bre you named American League Player of the week after batting 3 75 with two doubles, two homers. 10 R B. I's over a seven game stretch Cubs continue to play well. They own a half game lead on the Cardinals in the NL Central. Came to against the Padres at Wrigley Tonight. Kyle Hendricks gets the start WN BA Chicago Sky host Phoenix says the sky try and snap a four game skid and the leaders of the four Grand Slam tournaments have reacted to a tennis star Naomi Osaka's withdrawal from the French Open. Promising to address players. Concerns about mental health is coming after the four time Grand Slam winner pulled out of the tournament after declining to speak to reporters after her first round victory. She was then find $15,000. Sokka says she experiences anxiety before meeting with the media. I'm Kevin Powell, WGN Sports Tom's Skillings forecast from the Perm Asieh Weather Center. Partly sunny today highs in the upper seventies cooler lakeside. Tonight. Partly cloudy temperature temperatures will drop.
"$42 billion" Discussed on WBEZ Chicago
"Trying to form this new coalition government. NPR's Jackie Northam, This is NPR news. It's 11 04 69 degrees. I'm Lisa Lobbies. With WB. EASY NEWS, Illinois legislators worked into the wee hours of the morning to try and end the spring session. They failed to reach deals on some of the biggest issues. WB Easy's Tony Arnold reports a deal to subsidize excellence. Nuclear power plants failed to come together. They also reached no deal on an elected school board for Chicago. Democrats did, however, continue old traditions, even under new leadership, like passing a $42 billion budget just minutes after making it public. House Republican leader Jim Durkin was not pleased. I had hoped this year hope for a new day in Springfield. I just couldn't have been more wrong. Based on what's happening tonight. Legislators did approve a measure to move next year's primary elections back to June. Tony Arnold, nobody be easy news Starting today, Residents in Indiana who get unemployment benefits will once again have to show they are actively searching for work. Governor Eric Holcomb is reinstating the requirement had it had been lifted soon after the pandemic hit. Indiana joined several other states to create more requirements for people to stay on unemployment. Meantime, the daily Covad case count in Illinois has dropped to 521. This is the lowest point in nearly a year. Illinois public health data shows the state reported 462 cases on June 22nd of last year Sports White Sox in Cleveland Tonight Cup's host the Padres and the Chicago Sky hosting Phoenix. Sunny and pleasant. It's 69 degrees. This is W Be easy news. Support for NPR comes from NPR stations. Other contributors include Duck Duck Go a privacy company committed to raising the standard.
"$42 billion" Discussed on WGN Radio
"Half. Illinois lawmakers have passed the state budget, No heads to Governor Pritzker's death. The budget generates $600 million in additional revenue. By closing corporate tax breaks and also meet the state's commitment, too, boost evidence based K through 12 funding for public schools and pays down $2 billion in debt. The budget includes $42 billion in spending, as well as $2.5 billion in federal funding for infrastructure. It has been a very successful session. Number one. We have a balanced budget. On time. It helps our state's most vulnerable and puts us on the path toward fiscal health and recovery. Among the things that did not get done before the end of the legislative session, a bill to establish an elected school board for CPS redrawn congressional map and an energy bill. General Assembly also passed a massive ethics reform bill ended addressing years of corruption in Springfield. The legislation requires lobbyists at all levels of government registered with the state expands Inspector general powers and changes the financial disclosure forms Lawmakers have to file Republicans called the bill a baby step. If we're going to show the public that they can have a renewed sense of trust in state government, we've got to do something a whole heck of a lot better than this water down. Alluded, and I think, in some instances really deceptive ethics reform. The legislation also prevents lawmakers from becoming lobbyists until six months after they retire or leave the General Assembly, among other bills, and now go to Governor Pritzker, one that allows in person betting on Illinois college teams and also one that allows college athletes to get agents and sign endorsement deals. Because you got at least Barbora has just released Make crime numbers. Glenn Marshall is live at police headquarters with more.
"$42 billion" Discussed on WGN Radio
"First W G and traffic taking a look at our area expressways and tall weighs nothing out there. I just seen in Elgin in extra reported on route 31 at the Jane Adams tollway. Everything else must looking good. Illinois lawmakers have passed the $42 billion state budget early this morning. It now had sue Governor Pritzker's desk. This generates $600 million in general revenue in additional revenue that is by closing corporate tax breaks. Also meet the state's commitment, too, boost evidence based Katie total funding for public schools and pays down $2 billion in debt. Republicans so slammed the budget making process, saying they were given less than 24 hours to read the giant budget proposal before having to vote on it. The Senate and House a journey for the morning without passing an energy policy or congressional map. Chicago Police released theme a crime numbers this morning May 2021 saw a 24% decrease in murders. They say compared to the month of May 2020, marking the second month in a row to see a decrease may also recording a 51% reduction in vehicular hijackings alongside a citywide 20 year lows and aggravated batteries, robberies, burglaries and thefts and 22% increase in gun recoveries by CPD officers. Memorial Day marks the traditional start to summer and in Chicago. Unfortunately, a spike in violence more than 30 people were shot three fatally this Memorial Day weekend. That's after 49, though, were shot 10 killed last year. Mayor Lightfoot calling the policing strategy, then a fail. Superintendent Brown is set to address the media this morning talking about the police strategy. President Biden BUSINESS Oklahoma today to commemorate the 1/100 anniversary of the Tulsa race massacre when white mobs attacked the city's Greenwood district, killing hundreds of black Americans had destroying their bitch. Senses the president will be touring it. Speaking at the Greenwood Cultural Center with the number of accident Americans is suddenly on the rice. It's safe to say things were a lot different for a lot of people this Memorial Day weekend, Blaine Alexander reports with the holiday weekend now officially behind us. It's the first clear sign that America is beginning to recover..
"$42 billion" Discussed on WGN Radio
"That's WGN's Tanya Francisco. Meanwhile, President Biden honored veterans during a ceremony at Arlington National Cemetery. News NATIONS Alison Harris has more from the nation's capital, the President Langer, Reese, and with the first lady walking among graves of America's fallen heroes, the president warning in his remarks that democracy and what these patriots fought for Is in danger. Democracy itself is in peril here at home and around the world. What we do now how we honor the memory of the fallen Will determine whether or not democracy will long endure. President Biden relating to military families who are grieving yesterday and mark six years says it's the president lost his son, Beau of veteran to bring cancer but only hours to go before a midnight deadline to adjourn. Illinois La Baker's Tonight are still working to put together a state budget. And deal with a number of other pieces of legislation. Democrats early today introduced a roughly $42 billion budget as part of a spending package. That would use 2.5 billion in federal coronavirus relief funds for infrastructure projects and other programs. The Illinois House did pass a bill to move the 2022 primary to June. 20 eat And make curbside voting a permanent fixture of elections. That bill now heads to the Senate. State officials today releasing new data showing covert 19 numbers continue to move downward. The Illinois Department above like health reporting 521 new confirmed and probable cases in this state, the lowest in nearly a year. That includes 33 additional deaths. State by positivity rate fell to 1.6%. The CDC now says 67% of adults in Illinois have received at least one back scene in 50%. Are fully vaccinated. Meanwhile, a look at where the U. S is now in the battle against the virus. More than 50% of Americans have gotten at least one cove. It shot the number fully vaccinated about 40%, according to the Bloomberg Cove. It track her. The vaccines help to reduce the number of infections and deaths in this country to the lowest level since the pandemics early days, But the U. S has lost more people to cove it than any other nation within 594,000 people. Score, responded. Rita Foley and the head of the World Health Organization is calling for an international treaty to deal with future pandemics. The director general made the pitch today to diplomats taking part in the World Health Assembly in Geneva. He called it the best option to strengthen W H O and global health security. And he said, the time has come for the idea to become reality. WGN SPORTS The sax beat Cleveland eat 26 and the Cubs beat up on San Diego by a score of 7 to 2. It's.
"$42 billion" Discussed on KOA 850 AM
"Always an answer that comment about with business and money news is we check in again with that unemployment lines got shorter last week as more businesses fully reopened from pandemic shutdowns and hang out the help wanted sign. Let's get a breakdown of last week's claims for unemployment benefits from Cheryl CAS own with the Fox business Network. The expectation was a gate of 450,000 initial claims We came in at 444,000. This is the week of May 15th for continuing this is the weekend he may 8th. We're looking for 3.64. This came in a tiny bit harder than expect. Did not by much 3.751 of initial claims in today's report are the lowest since mid March of last year. Financial markets may like what today's what they're seeing in today's report. Stock futures have pretty much to race there earlier losses. More companies say it's okay to shop without a mask. Kroger and Walgreens are the latest join a growing list of mandates dropped. It's only for people fully vaccinated against coronavirus to coincide with the CDC. Updated guidelines of this on the list include Costco, CVS, Home Depot, Coles Myer Public's, Sam's Club, Target Trader Joe's and Wal Mart. As far as restaurants, Starbucks and Chipotle E have made the move. Amazon will do the same for warehouse workers starting next week. I'm Mark Mayfield. The raps are off the electric version of Ford's uber popular F 1 50 pickup. Ford calls it the Lightning. This could be a big move toward the mainstreaming of electric vehicles because of how popular Ford's F Series pickups are lying generates $42 billion a year in revenue so the influence could accelerate the move toward more energy efficient vehicles. Sticker price for the Lightning is about 40 grand for the most basic.
"$42 billion" Discussed on KOA 850 AM
"The money news. We say good morning to path. Well, is Wall Street gonna settle down after a wild ride yesterday? I guess that depends on how we define settling down. Stock futures look a little shaky again today. Yesterday, the Dow was down by as much as 600 points. It did rally if you want to call it that too close with a loss of 164. Things were not nearly as turbulent on the NASDAQ, which fell four points. The S and P was down 12 1 of the gyrations came with hints from the Federal Reserve. That it might tighten up its current easy money policies. Weekly Look at first time claims for unemployment benefits is do a little later this morning, he was numbers tumble to 473,000, the lowest number in over a year. Economists say that's proof the employment sectors taking big steps toward pre pandemic levels. Help wanted signs around. In many businesses perspective, employers say it's getting harder to fill their openings. But some people say it doesn't pay them to go back to work just yet, especially those with kids learning remotely. They say. For now, Staying on unemployment with the federal bump up just makes more sense. Daria Aldinger ABC News wraps are off the electric version of Ford's uber popular F 1 50 pickup board calls it the Lightning could be a big move toward the mainstreaming of electric vehicles because of how popular Ford's F Series pickups are. The line generates $42 billion a year in revenue. So its influence could accelerate the move toward more energy efficient vehicles. More companies say it's okay to shop without a face mask. Kroger and Walgreens are the latest join a growing list of mandates dropped. It's only for people fully vaccinated against coronavirus to coincide with the CDC updated guidelines. This on the list included Costco, CVS, Home Depot, Coles Myer Public's Sam's Club, Target Trader Joe's and Wal Mart. As far as restaurants, Starbucks and Chipotle E have made the move. Amazon will do the same for warehouse workers.
"$42 billion" Discussed on WABE 90.1 FM
"The guidelines are meant to supplement but not replace local state, federal, tribal and territorial rules and regulations. They're available on the CDC website. Richard Harris. NPR NEWS IT. Associated Press North Center for Public Affairs Research poll shows black and Hispanic Americans disproportionately affected by the coronavirus. So they find 62% of Hispanic and 54% of black Americans lost some form of household income during the pandemic, compared to 45% of White Americans. On Wall Street. Today, the Dow was up 293 points. This is NPR from WSB News in Atlanta. Good evening. I'm Jim Burress or time now is 604, the head of the Atlanta based Centers for Disease Control and Prevention says the U. S. Is seen a substantial and historic decline in childhood vaccination during the pandemic is same Whitehead reports. Dr Rochelle Walensky says Children have missed millions of doses. The pandemic has kept Americans from taking their Children to the doctor, Wolinsky said. During the most recent Biden administration Cove, it 19 press call that has meant lots of missed inoculations. CDC orders for childhood vaccinations dropped by about 11 million doses as we work to get our Children back to school, we certainly do not want to encounter other preventable infection outbreaks such as measles and mumps. Well, let's get encouraged people to check with their pediatrician's before sending their kids back to school. If they've skipped a vaccination, she says, the CDC has a schedule of how they can catch up. Sam Whitehead to be way be news on Facebook says it is said to spend billions of dollars on expanding the number of data centers it has in metro Atlanta. The Atlanta Business Chronicles Crystal Edmondson reports. It takes a lot of computers to keep Facebook's social network up to speed. That's why the company says it's building a $42 Billion Data center development. Facebook inked a 20 year deal with the Joint Development Authority of Jasper, Morgan, Newton and Walton counties. Or a 630 acre complex. If the project is completed his planned authority officials say Facebook could pay $88 million in rent that money would fund schools and local governments. Meanwhile, Facebook will get tax abatements worth at least $71 million. Project, about an hour east of Atlanta, is expected to be completed by 2032 from the Atlanta Business Chronicle..
"$42 billion" Discussed on KQED Radio
"Is the $1400 check taxable income. Are there really unspent funds from previous relief bills? As Republicans claim you mentioned Emily Stewart? You know this significant provisions that makes the 1st 10,200 unemployment benefits nontaxable. What about these $1400 stimulus checks? Actually not sure I'm not. I just do it would be taxable. But, yeah, I mean, I assume that's what you you know, you get the money. It's the government takes a little bit back, but it's still a helpful so helpful my money. Richard is asking why no cuts were proposed elsewhere to help offset the cost of the bill. One of the things that we were hearing Ah lot Emily stored was buying, basically saying that he fears doing too little more than he fears doing too much. Do you think that that's driving some of this bill and it's in its magnitude? Yeah, For sure. I think so. You know, when you talk to Democrats with those say is that they feel like after the great recession. They thought they were going to get a couple of bites at the apple on helping people and they didn't And you remember even last year when the pandemic first hit talking to economists and people saying then, like we really need to take a Big swing here and make sure we help People because the worst the economy becomes as the pandemic. It's under control, the harder it's going to be to dig out of this, And so that really seems like the mantra that divided administration is taking here. Your butt's really We're getting closer to the end of the tunnel as the vaccines continue to roll out, so why not keep people float in the meantime? Talk open. It's interesting right? No Republicans supported this, Kevin McCarthy of California, the minority leader, is quoted as saying. This isn't a rescue bill. It isn't a relief billets a laundry list of left wing priorities that predate the pandemic. And do not meet the needs of American families. But as we saw this bill got more popular as it was moving through Congress, So do you think this is the right the right approach for the GOP? Well, I think to a certain extent that's up to voters and in two years and as we all know, two years could be a paternity and politics, but it's certainly a gamble, but we also already see Republicans touting or at least one touting provisions of this bill that they didn't vote for, You know, a fellow see made a Nancy Pelosi made a comment today and her weekly news conference of Republicans voting No. And taking the dough that you know. Both Senator Roger Wicker was his Twitter account was touting a provision in this bill that he didn't support and reporters asked him if that was an intellectually consistent position. And he said Itwas because he had always supported that provisioned. He just didn't like the rest of the bill, but he was happy to see that permission past. So you know, I'm sure Democrats are going to try to prevent Republicans from taking credit for anything they ultimately didn't actually support. But, you know, I mean, it's sort of a question that the voters will have to resolve. You know, One of the one of the questions you read out from our listener was about unspent money from previous bills. That is true. There is money that has been passed by Congress and has not been appropriated. Some of that is just this kind of Process takes time for all that money to be doled out, and there is money that's going to be in this bill that will be taking, you know, months years to fully reach their destinations. Ultimately, the question of those destinations. Is really a judgment call. So Republicans their proposals for covert aid work stream Lee targeted too, You know. Small business loans. That was an area of agreement and a few other things, and Democrats always said that's not enough so things in this bill the Democrats wanted the Republicans have opposed include Direct lines to state and local governments. This is the lion share of what California will get. California will get $42 billion split between the state and local governments directly. Republicans always said that was a bailout. Four states that hadn't properly manage their finances and Democrats and no, you know state. Local governments haven't gotten the revenues they're used to getting this year. They've had additional expenses that they were prepared for. They need this money to prevent. Layoffs of public service workers and things that will harm the economy more. That's you know, a question of who sort of right on that assessment similarly for transit You know, this bill is going to send billions to California for public transit Democrats make the same argument, you know, Okay. Money for trains isn't the same thing as money for vials of vaccine, But public transit ridership has cratered during the pandemic, and the money that comes in to fund those agencies is down. And they have to spend more money on, you know, cleaning and P p E. So ah, Lot of this is is a question of how you.
"$42 billion" Discussed on KCRW
"Ben, Ashore in for David Brancaccio Airbnb is set to debut on the NASDAQ Thursday. It is raising its target price range and valuing itself at as much as $42 billion marketplaces. Nova Sappho joins me now with more high Nova. Good morning. So just how much What is the new share Price Airbnb is targeting here. All right, so a new regulatory filing went public this morning. Airbnb is raising the price range for its initial public offering to as much as $60 a share. That's actually $10 more than he was aiming for. Just last week's agree. The company will sell about 51 a half million shares. So doing the math. That's just over $3 billion that Airbnb expects to raise and it's total valuation at the upper end of the I P o offering would be $42 billion as you mentioned. Why is there being be doing this? And also isn't it kind of odd to raise the price of stock offering like this in a difficult economic time? Right, and Airbnb was struggling after the pandemic it along with all other travel sector companies, but it's turning things around things too steep cost cutting and a shift to long term rentals and domestic rentals. It was actually profitable in the third quarter, but there's a bigger story here to Sabrina, which is that That's typos there Red hot this year, raising a record amount somewhere between 100 42 more than $150 billion. Which is, uh, notable given that we're in the middle of a pandemic out. How is that happening? Well, it's just was with the broader market. Investors are looking ahead, looking at companies where and how they will be doing a year from now. And so that's helping. I pose and even more impressive considering last year Also, we had a red hot here for IPO's Marketplaces. Nervous, awful. Thank you so much. Welcome. Speaking of looking ahead, the economy may get back to pre pandemic levels by the second half of 2021. At least that is what a lot of business forecasters think, according to a new survey from the National Association for Business Economists. They also say, though it is going to be a tough haul this winter marketplaces Meghan McCarty Carino has more Patricia Moody is a consultant who works with a bicycle manufacturer in South Carolina. The company was busy all through the summer and fall. It was just delightful surprise, people would line up to get the unassembled bicycles as they came off the trucks. Consumer spending helped boost some businesses, according to in October and maybe survey Now, forecasters are more positive about the economic prospects for late next year. Ken Simonson is an economist who works with the association. Unquestionably the news about a vaccine soon to be available has think sparked a good deal of optimism. But the recent surge of covert 19 has tempered expectations for this winter. Chad Moo tree is chief economist with the National Association of Manufacturers. So I think there's still a long way to go. While military says overall manufacturing is down about 5% since before the pandemic, he points out car sales and Electron IX have done better than expected. I Meghan McCarty, carino for Marketplace. Let's do the numbers. The Dow is down 119 points that is 4/10 of a percent. The S and P 500 is down less than 1/10 of a percent and the NASDAQ is up 5/10 of a percent. Marketplace Morning report is supported by Omidyar Network, a social change venture that is reimagining how capitalism should work. Learn more about their efforts to re center, our economy around individuals,.
Linde-Praxair $42 billion merger threatened by FTC demand
"With tourists at least. Twelve people died when a quake hit the same island a week ago I'm Christopher cruise and I'm Susanna Palmer from Bloomberg world headquarters of forty, two billion dollar merger to create what, would become the world's largest gas. Producer is facing an unexpected hurdle from the US antitrust regulator that could derail the deal the Federal. Trade Commission indicated, it wants, Germany's Lind and Danbury Connecticut-based Praxair to sell more assets before it approves, their, deal that's according to lend. It, today in a statement to the markets will ended noted a higher likelihood that the requirement May push total asset disposals to beyond what would be acceptable to it in the merger deal playing hardball. With China on trade is working that according to President Donald Trump last night in Ohio he told supporters at a rally. That China is looking at a dropping Chinese stock market as a result of tariffs and is quote talking to us Taiwan Semiconductor Manufacturing which makes. Chips for the iphone and other devices detailed it's progress in recovering from. A, computer virus in an E. Mail TSMC said that eighty percent of the fabrication tools affected. By a virus outbreak on Friday had been restored and that it expects full recovery tomorrow the Taiwanese company said the incident would delay, shipments and warned of reduced revenue ins meds long drug is to face FDA questions. This week. On safety, and efficacy, Bloomberg's Greg Jarrett reports in spreads Allah says a proposed treatment for adult patients with non tuberculosis. Myo 'Bacterial lung disease caused by Myo 'Bacterial Avium complex will face questions on the drug safety in relation to its effect on Tuesday the FDA panelists to discuss the drugs, clinical benefit evidence of its effectiveness, and safety Greg Jarrett Bloomberg radio global news twenty four hours a day on air hand picked up on Twitter powered by more than twenty seven hundred Journalists and analysts in more than one hundred twenty countries I'm Susanna Palmer this. Is Bloomberg This, is Bloomberg opinion, on Bloomberg. Radio bring you news comments and insights from. Bloomberg opinions worldwide team of editors and columnists I'm June Grosso coming up on the show a look at the gerrymandering wars already underway. For the midterm elections also on the show how starbuck. Sees its future outside high-cost cities but first experts have long been warning.