19 Burst results for "Capital One Capital One"

"capital one capital one" Discussed on The Secret History of the Future

The Secret History of the Future

07:09 min | 3 weeks ago

"capital one capital one" Discussed on The Secret History of the Future

"Have you ever hit a technical snafu while shopping online? Has filling out payment fields giving you a headache. As a mobile banking app, ever written down when you wanted to use it. Capital One believes everyone deserves better banking. This means easier access to money and more security. That's why Capital One is investing in machine learning. With machine learning, Capital One can fight fraud faster, improve mobile app experiences and make online shopping more efficient. Models can quickly detect suspicious activity and alert federal investigators faster. They can also identify how mobile app outages happen through anomaly detection and incident response, so engineers can remedy them quickly. And machine learning also helps Capital One speed up online shopping by making it easier and more secure to use virtual card numbers. The potential of machine learning is so big, see how Capital One is using machine learning to create the future of banking. Search machine learning at Capital One. Capital One, what's in your wallet? It's time to reboot your credit card with Apple card. Apple card gives you unlimited cash back every day on every purchase. It's real cash you can spend right away, no need to wait and wait for rewards. Apply now in the wallet app on iPhone to see your credit limit offer with no impact to your credit score. Subject to credit approval, daily cash is available via an Apple cash card or as a statement credit. See Apple card customer agreement for terms and conditions. Apple cash card is issued by green dot bank member FDIC, accepting an apple card after your application is approved, will result in a hard inquiry which may impact your credit score. Imagine having one extra day every week, more time to cook healthy meals, work on that novel, or just binge some good reality TV. What would you do with your extra day? Every week. Now it's all possible with click up. The productivity platform that'll save you one day a week on work, guaranteed. Click up again with the premise that productivity was broken. There were too many tools to keep track of, too many things in entirely separate ecosystems. There had to be a more productive way to get through the daily hustle. Click up is the one tool to house all your tasks, projects, docs, goals, spreadsheets, and more. Click up is built for teams from one to 1000 plus. It's packed with features and customization options that no other productivity tool has. So you can work the way you work best. Whether you're in project management, engineering, sales, marketing, or HR, click up has easy to use solutions that create a more efficient work environment. Join the more than 800,000 highly productive teams using click up today. Use code TBD to get 15% off, click ups massive, unlimited plan for a year, meaning you can start reclaiming your time for under $5 a month. Sign up today and click up dot com and use code TBD. Hurry this offer ends soon. I want to ask you about a piece you wrote for the Atlantic about neoliberalism and there are some thoughts about that technology in there. And you said the Democrats not Republicans are the natural party to make sure that technology works for people instead of people working for technology. And yet Democrats have been in power in the House and the Senate and the presidency and the two big bills that are supposed to quote unquote take on big tech are just sort of languishing. Why? I think it's a mistake. I think that we should be pushing forward legislation that both sort of breaks up or attempts to control some of these big tech monopolies, but also legislation that protects our kids and our data and our privacy. I mean, should they come to the floor in the lame duck session? I don't know that we're going to have time to bring him to the floor in the lame duck session because we're going to have to process in the Senate a ton of nominees, a budget, a handful of other really important pieces of legislation, but I would hope that this is at the top of our agenda next year. Listen, I think that there is a broad national exhaustion with the pace of technological change. I think there are a lot of families out there, a lot of parents who feel like technology is sort of owning them instead of technology working for them. And they want to know when their kids are on these sites that they're protected. And they don't feel that way right now. So to me, there's a lot of space for Democrats to lead on the issue of tech regulation of protecting our data protecting our kids. And I think that it should be at the top of our agenda next year. Right now, I think a lot of Americans think that Republicans are the sort of more legitimate tech critics. But they, as I argue in that Atlantic piece, are so antithetical or so allergic to government regulation that I don't think they'll ever be able to pass the kind of legislation that families want. Right, but Democrats haven't passed it and they've been in power. I agree, so let's change that. I think we have had other priorities. I think that there is a subset of the Democratic Party that believes in this neoliberal view that technology that technology only exists in a beneficial cycle of innovation and that regulations would stifle this as a growth industry in the United States. I don't believe those things. I think tech will continue to grow in the United States even if we have more significant regulation. And I just think the Democratic Party needs to start acting with more purpose when it comes to technology policy. Before I let you go, because I know you want to try to schedule I can't have you here just after the midterms and not ask you about them. I know that you're happy about everything in Connecticut. But I'm really curious about what your party is going to do to keep turn up up in Georgia. Obviously that runoff is going to be incredibly important, independence might stay home. The 18 year old who just turned 18 can not vote there because of a voting change or a law change. What do you all do? Well, I think that the more focus on Herschel Walker, the worse it is for him. Remember, he was sort of sharing the stage with a governor who turned out to be pretty broadly popular. He doesn't get to share that stage any longer. It's just Herschel Walker. And I do not think he's going to stand up very well to this new solo spotlight that he will have. So I don't think there's any doubt that our level of energy is going to be sky high, because I think you're not really answering my turnout question. You're

Apple headache FDIC Senate apple Democratic Party House United States Herschel Walker Connecticut Georgia
"capital one capital one" Discussed on The Secret History of the Future

The Secret History of the Future

07:12 min | 5 months ago

"capital one capital one" Discussed on The Secret History of the Future

"One can fight fraud faster, improve mobile app experiences and make online shopping more efficient. Models can quickly detect suspicious activity and alert federal investigators faster. They can also identify how mobile app outages happen through anomaly detection and incident response. So engineers can remedy them quickly. And machine learning also helps Capital One speed up online shopping by making it easier and more secure to use virtual card numbers. The potential of machine learning is so big, see how Capital One is using machine learning to create the future of banking. Search machine learning at Capital One. Capital One, what's in your wallet? To better understand how fema has to adapt to a world where climate change is supercharging natural disasters, I called up the guy who used to run it. My name is Craig fugate. I currently work in the private sector doing a lot of advising, but I served as the fema administrator from 2009 until the end of the Obama administration in 2017. Craig is pretty widely recognized as the person who turned the agency around after its disastrous response to Hurricane Katrina. Some people might assume that when there's an emergency, like the floods in Montana, the federal government just shows up. But that's not actually how it works. I asked Craig to do a little fema one O one. Fema doesn't step in until a governor has requested from the president, a disaster declaration. And part of that request, the governor certifies in writing that the disaster exceeds the capability of the state to manage. In most cases, what that refers to is lack of insurance and fema being asked to support a state financially for the extraordinary cost. In disasters that I have covered, I think often you see people not fully understand what fema helps with, what they don't help with, what you got to show, how does that process work? Well, it goes back to the origination of the Stafford act, which is the legislation that fema operates disaster center. In the Stafford act, Congress did not intend for it to be the primary response to disasters. It was based upon non duplication of benefits. The simplest thing is, if you're getting money from somewhere else, you shouldn't be getting money from fema. So if you've got insurance, then you shouldn't have to go, and again, when we say fema, let's be clear about this. This is the federal taxpayer. This you and me. You should be going to us to pay for something if you already had insurance for it, right? That's the idea of non duplication of benefits. The fema is allowed to provide assistance where there is a lack of insurance or the insurance that you cover all the losses. And this is to a certain degree what happened in Montana. Most people said, well, I had insurance. Why was fema helping people if they had insurance? Well, it was a flood. And what we unfortunately find out after these events is most of the folks that have homes and they have homeowners insurance don't have flood insurance. And so when they have a damage due to floods, we see large numbers of homeowners without flood insurance and therefore fema would provide some assistance. And the assistance is based upon this idea that it shouldn't just be everybody's going to get the same amount. It should be based upon the need and the impacts. The money has very specific eligibility requirements, like showing a deed that says you do in fact own a property. Only then, can you get your money? And often, residents are surprised by how little fema pays out compared with the cost of a lot of disasters. It is not designed to make people whole. They'll see that the maximum amount from the program provides to individual assistance for families and individuals. Is around $35,000, average person gets far less than that. And it's by household, not for adult in the household. Right. So it's a very limited program. It's not designed to do a full recovery. And it is woefully inadequate for families trying to recover from a flood if they're dependent upon a fema grant trying to make all their repairs. Well, you're sort of getting to where I was going next, which is how we should make sense of what's happening in Montana because you have, you know, a local spokesman for fema essentially saying, look, you've got to manage your own recovery. If you're waiting for the federal government or somebody else to help you, you know, that help may or may not come. And I'm not sure when it will come. And you have residents who said, I had my house in an area that had never flooded before, that did not seem to be an historical floodplain. Why in the world would I have flood insurance? How are people supposed to make sense of that scenario? Well, it's not easy. And what happened in Montana is happening all over the country. And increasingly, we're seeing this as we're seeing the results of climate change, more extreme rainfall events, heavy rain events, historical rain events, record setting rain events, is causing flooding in areas that have never flooded before. And too often, and I really go back to within government. This is one of the things that we did was we were trying to identify the higher risk areas. In Congress put a requirement on there. If you live in a high risk area for flooding, you needed to purchase flood insurance. It was called mandatory purchase and those special flood risk areas were identified in fema maps that are called flood insurance rate maps. And somehow the bureaucracy of the terminology got translated into from what the public heard is, those are flood zones, and those are flood maps. If I don't live in that flood zone, I don't have a flood risk. And I don't have to buy flood insurance. And that's not what it meant. And I think this is our problem. We have not really communicated to people that those maps are insurance rate maps. They're not indicating where it will flood or not flood. It's just the risk is higher in those areas. And Congress requires if you have a federally backed mortgage, you must buy flood insurance for the duration of that mortgage. It was never the intent to say people outside of that, so I didn't need to buy flood insurance or that they weren't in a flood risk. It was to convey the higher risk and to protect the federally backed mortgages. And so we've got entire swathes of the country where people think or have been told or have heard, they don't live in a flood zone, and they don't need flood insurance. And what it's done is this resulted in large numbers of people that are not insured against one of the fastest growing

fema Craig fugate Obama administration Montana Craig federal government Hurricane Katrina Congress Stafford
"capital one capital one" Discussed on Slate's If Then

Slate's If Then

08:26 min | 1 year ago

"capital one capital one" Discussed on Slate's If Then

"Have you ever had a technical snafu shopping online? Has filling out payment fields giving you a headache? Has a mobile banking app and down when you wanted to use it? Capital One believes everyone deserves better banking. This means easier access to their money and more security. That's why Capital One is investing in machine learning. Machine learning allows Capital One to do things like quickly detect suspicious activity and make it faster to alert federal investigators. Identify how mobile app outages happen with causal models. And speed up online shopping with machine learning at the edge. It makes shopping with virtual card numbers smoother and more secure. This technology is based on logistic regression models and running interference in the browser. The potential of machine learning is so big, see how Capital One is using machine learning to create the future of banking at WWW dot Capital One dot com slash ML. Machine learning at Capital One. Capital One, what's in your wallet? Myrtle Beach, South Carolina is the beach. It's also the perfect place to enjoy the holidays. Here you get all the holiday cheer you can handle plus 60 miles of beaches and endless fun. Sometimes you need a holiday from the standard holidays. Maybe you want to escape the cold, maybe you want to start a new holiday tradition. Winter Wonderland at the beach has a real ice skating rink and massive light displays. Holiday cheer is everywhere you look, like at Brooke green garden's night of a thousand candles were over 2500 candles and twinkling lights take over the grand botanical gardens. There aren't many places you can celebrate the holidays or ring in the new year with an ocean view. This time of year is great for horseback riding along the shoreline, fishing off chartered boats or in the intercostal waterways, engulfing at any of the 90 plus award winning courses. Take a holiday from the average holiday season at the beach. Plan your getaway to Myrtle Beach, South Carolina at visit Myrtle Beach dot com. The following message is brought to you by wise, the smart way to move money internationally. Do you ever send money or shop online overseas, receive money from abroad? You should use wise, the one stop shop for all your international banking needs. Wise always gives you the real exchange rate for a super low fee, so you hang on to more of your money when it crosses borders. Wise is like a permanent promo code for sending spending and receiving money internationally. And their transfers are fast, too, nearly 40% arrive instantly. So whether you're making your first international transfer or your hundredth, wise, always lets you do it cheaper and faster. And with the wise multi currency account and debit card, you can avoid high foreign transaction fees when you shop overseas, online or in store. Join 10 million people in businesses and try wise for free at wise dot com slash TBD. You're listening to what next TBD. I'm Lizzie O'Leary and I'm talking with Harvard epidemiologist Michael minna. Minna has spent the last year and a half trying to get the U.S. to adopt widespread rapid antigen testing. As a way to control COVID. But those tests have to be authorized by the Food and Drug Administration. Currently, only a handful of home antigen tests have emergency use authorization. The entire bottleneck for the United States is the authorization of the tests. We have very few tests available to us in the United States. I forgot to Germany. They have almost 70 different manufacturers producing tests. That's created market competition. It's driven costs to the actual test down. In the UK, they have partnered with companies that can scale to massive numbers in the U.S., we essentially have taken a very small handful of companies, none of which are scaling particularly large numbers. And that was it. So the real problem in the United States is that we have failed to authorize enough of these tests. Not because the tests don't work, but it's simply because of how we define these tests. The FDA defines the tests as medical devices. They want rapid antigen tests to show sensitivity comparable to PCR tests. Only a handful of companies met that requirement and could get emergency use authorization that EUA for their tests. Other companies have the technology, but not the authorization. Essentially the FDA said, okay, well, now we have some companies. We're going to raise the bar even more. So it's just become harder. And I talk a lot to all these companies. And all of them say, we just don't understand Michael, can you help us? It just feels like the FDA is changing the goalposts on us at every time somebody said to me yesterday it feels like The Hunger Games, where the moment you're about to succeed, the moment you're about to get your EUA, a new gauntlet is thrown into the picture. And that's kind of what's happened for almost a year now for these companies. There's a push and you're one of the people who has talked about this to reclassify these tests as a public health tool and not a medical device. What would that take? So I started saying that because I've tried for a year to over a year to get these to get the FDA to evaluate these differently than a medical device. It's been essentially an immutable wall. And so what that would take is for I think an executive action from the president and what the executive action would state is that the tools used for public health testing during this public health emergency are designated as public health tools. And if that happens, then the FDA does not evaluate public health tools. So if the president can come out and say this, and I think it's an extraordinarily reasonable thing to say, it's how the UK does it. It's how many countries do it. Then the onus can move over to the CDC to evaluate these tests. So the number one thing would be as part of this process, the CDC could say, okay, as a public health agency, we are going to recognize our peer, trusted public health agencies, like the UK and Germany. And any tests that they have had good experience with with millions and millions of the tests that they've done, we will automatically give a certification for our use in the United States. So overnight, there are companies, some of the largest companies in the world have told me directly that if that happened, they could start tripling the United States access to rapid tests overnight. The Biden administration recently ruled out a new COVID plan, which emphasizes more than just vaccination. It includes ramping up production of antigen tests and buying 280 million of them for community testing centers, nursing homes and jails. Plus, they push big retailers like Walmart and Kroger to offer antigen tests at cost. I want to be very supportive of the plan because I think the most important piece of the plan as far as testing goes is that we now have the president of the United States re upping his initial emphasis on recognizing the power of these tools. The actual number of tests that are going to be purchased is not going to make much of a difference. 280 million sounds like a lot of tests. But when you have 330 million people in a country, that's less than one test per person. And the benefit of testing, whether it's PCR or rapid testing is frequency of the test. If you're not doing a test frequently, you have no idea if you're asymptomatically spreading. So we're about to see a testing crisis because of the COVID-19 action plan. The test or vaccinate vaccinate or test part of.

Food and Drug Administration United States Brooke green garden grand botanical gardens Myrtle Beach visit Myrtle Beach South Carolina Lizzie O'Leary Michael minna headache Minna UK Germany Harvard CDC Biden administration Michael Kroger
"capital one capital one" Discussed on Slate's If Then

Slate's If Then

01:37 min | 1 year ago

"capital one capital one" Discussed on Slate's If Then

"Things like quickly detect suspicious activity and make it faster to alert federal investigators. Speed up online shopping with machine learning at the edge. It makes shopping with virtual card numbers smoother and more secure. This technology is based on logistic regression models and running interference in the browser. The potential of machine learning is so big, see how Capital One is using machine learning to create the future of banking at WWW dot Capital One dot com slash ML. Machine learning at Capital One. Capital One, what's in your wallet?.

"capital one capital one" Discussed on All Songs Considered

All Songs Considered

04:40 min | 1 year ago

"capital one capital one" Discussed on All Songs Considered

"This message comes from NPR sponsor Capital One. Capital One auto navigator can help you find a car get pre qualified instantly and see your real monthly payment without impacting your credit score. Capital One what's in your wallet, terms and conditions apply, more at Capital One dot com slash auto navigator. The news is about more than what just happened. You need to know why it happened, who made it happen, how it's felt in the communities you care about. NPR's daily news podcast consider this gives you all of that with context, backstory and analysis on a single topic every weekday..

"capital one capital one" Discussed on Slate's If Then

Slate's If Then

08:05 min | 1 year ago

"capital one capital one" Discussed on Slate's If Then

"But Eric would like us to think about it a little differently. I wanted to distinguish between its hugely frustrating because lots of people want this thing that I also want. And it's kind of expensive. Is it hugely? My son loves sports cars. I do not drive a Ferrari. This morning we were driving to school and there was a Ferrari next to us. I could just go home crying at night. Life is not fair. I do not get to drive a red Ferrari to school each morning. And at some level, that's a piece of market capitalism Ferraris are expensive. And part of me has that response to your question about sneakers. If you want to buy a nice pair of sneakers you can. If you want to have a limited edition pair of sneakers, the tons of other people want, and the reason they want it is there's only 500 of them that some level, that's sort of like wanting the Ferrari. That's going to be an expensive object. The thing that pisses me off that frustrates me as an economist is the stupidity of a system of pretending the price is low and fear and accessible, but actually the price is high and market clearing. The difference in price between the perceived price and the actual price is all going to speculators or someone who's grabbing a rat. So someone who's grabbing a piece of that markup on the sly. It's like if Ferrari set the price before all you had $5000 and you're like, sweet, I can get a Ferrari, but then of course you can't everyone buys them up and there's only a secondary market where they cost a $180,000. Yeah, and you look it for her. Be like, what are you doing? Why on earth? Just set the price of a Ferrari to be an appropriate market clearing price. But it doesn't do anybody any good to pretend the price is 5 grand if it's a 180 grand. It's just going to create a lot of crushed hopes and dreams. When we come back, are there any solutions to this? Or have the bots won the war? This podcast is supported by AT&T active armor. Right now, our lives are on our phones. I use mine to schedule podcast guests, read the news and video call my family. There's no room for fraud calls. Thankfully, AT&T makes customer security a priority, helping block those pesky calls. It's not complicated. AT&T active armor, 24 7 proactive network security and fraud call blocking to help stop threats. At no extra charge, compatible device or service required, visit ATT dot com slash active armor for details. Decisions made in Washington affect your portfolio every day. But what policy changes should investors be watching? Listen to Washington wise investor to hear the stories making news right now. Host Mike Townsend, Charles Schwab's vice president for legislative and regulatory affairs takes a nonpartisan look at the stories that matter most to investors, including the policy initiatives for retirement savings, taxes, and trade, inflation fears, the Federal Reserve and how regulatory developments can affect companies, sectors, and even the entire market. Mike and his guests offer their perspective on how policy changes could affect what you do with your portfolio. Download the latest episode and follow at Schwab dot com slash Washington wise, or wherever you listen. Have you ever hit a technical snafu shopping online? Has filling out payment fields, giving you a headache? Has a mobile banking app ever been down when you wanted to use it? Capital One believes everyone deserves better banking. This means easier access to their money and more security. That's why Capital One is investing in machine learning. Machine learning allows Capital One to do things like fight fraud, with random forests. Models quickly detect suspicious activity and make it faster to alert federal investigators. Machine learning also helps identify how mobile app outages happen with causal models. Anomaly detection and incident response help determine why app outages happen. So engineers can quickly remedy them. The potential of machine learning is so big. CEO Capital One is using machine learning to create the future of banking at WWW dot Capital One dot com slash ML. Machine learning at Capital One. Capital One what's in your wallet? So how would we create rules that prioritize the emotions of the person who just wants to see the concert or buy the shoe and enjoy it? So I think Garth mode is a clean answer. It's just if you want to set a low price and you want your fans to all have a chance to buy at that price, raise the quantity, just perform more shows, produce more cool sneakers. So everybody can have have access. I think the other the other kind of answer is harder to execute on, but is to really put a lot of care into the allocation of the low priced good directly to your fans. So airline tickets have names on the ticket. I can't resell my ticket to you at a markup because my ticket says Eric Buddha shy. So airline tickets are totally non transferable. If you did that, then you could just sell tickets to your fans at whatever price you think is fair and shut down the resale market. These platforms where the secondary sales happen like StubHub or eBay or wherever people are reselling their limited edition sneakers, do they bear responsibility? Is there anything they could be doing to make it better? I hope them responsible for lobbying to preserve flawed rules. So that's a line where I am willing to veer into morality talk. I think the thing to note about StubHub and the secondary market venues is how much of the pie they manage to grab for themselves. StubHub and seat geek and all those sites. Their fees are so high that they're actually making more profit on the resale than the bot themselves. So then the broker themselves. And that means that they are in effect, they want there to be lots of brokers developing great bots to scoop up mispriced assets to resell, and then they're taken taking this gigantic toll. I understand why their motivation would be for there to be more scalping, but they're at least providing some kind of service. They're providing a platform where if you're willing to pay the higher price, okay, you can go there and pay the higher price and get the ticket or get the sneaker in the other case. But what are the what are the scalpers providing? What value are they providing? So I think in a, I think you're absolutely right. I think in a perfect world, there would be a resale market or something like it where if you really badly wanted to go to an event and you were willing to pay through the roof to get there, there'd be a price. Someone would make you a market. I've used the secondary market to go to events I want to go to all the time. I went to 35 years ago last month. I saw the mets clinch the division title. My dad took me. He, at the time, he said, like, a friend gave him the tickets, but I think we all know where he got them. We sat like, way up in the upper deck at Shea stadium. And that was great. And I don't know what my dad paid for those tickets, but whatever it was, it was totally worth it. And I'm glad there was a market that made that possible. And that was in the good old days when most tickets went directly to fans in the first place. It's this situation we're in where most of the tickets flow through bots and then the secondary market, both of whom are collecting a big, a.

Ferrari Mike Townsend Washington StubHub Charles Schwab Eric Eric Buddha Schwab Federal Reserve AT headache Garth Mike eBay mets Shea stadium
"capital one capital one" Discussed on NPR News Now

NPR News Now

04:49 min | 1 year ago

"capital one capital one" Discussed on NPR News Now

"Push for a better tomorrow learn more at code for america dot org live from npr news. I'm jack speer. President biden is plunging federal help in the northeastern gulf states battered by heavy rains from hurricane ida and for western sates beset by wildfires that says the death toll in the northeast from the storm climbs to more than forty during a white house speech today by saying the catastrophes service deadly reminders. The climate crisis has arrived and he says he's already spoken with leaders in the effected states. There's a lot of damage. And i made clear to the governor's that my team at the federal emergency management agency. Fema is on the ground and ready to provide all the assistance as needed. President plans to further press. Congress passes nearly one trillion dollar infrastructure bill to improve roads bridges and the electric grid proposal intends to ensure the vital networks that connect city states in the country together can withstand the increasingly dangerous weather. The winds fanning the counter fire northern california are dying down in so far the resort town of south lake. Tahoe has been spared member station k. Q. we d work helm. Rea- dylan has more at temporary mini-city city for fire. Crews is being set up in a parking lot at heavenly ski resort for now the flames are staying in a canyon just over a ridge from the slopes slowly chewing east through historically dry forest toward nevada. Fire behavior specialist. Stephen volmer warned firefighters that the law and the winds doesn't mean they can let their guard down to. It's a good day today to not have gusty winds up on the ridge is what we are going to have. Our terrain driven wins. No word yet on win. Tens of thousands of residents who fled their homes. We'll be allowed back for npr news. I'm racquel maria dylan in south lake. Tahoe california the centers for disease control and prevention says new research provides strong evidence that vaccination of adults and adolescents protects children against cove in nineteen. Npr's rob stein has that story. Cdc director rochelle willis. He says a study involving ninety nine counties in fourteen states found that unvaccinated. Adolescence were almost ten times more likely than vaccinated adolescence to end up in the hospital. With covert nineteen a second study found that the rate of hospitalization for covert nineteen among children with nearly four times higher in states with lower overall vaccination rates compared to states with high vaccination. Once he said more children are getting sick during the delta surge but so far the disease doesn't seem to be making kids sicker rob stein. Npr news somewhat tight supply of workers on the market companies are getting more creative. Everything from dropping requirements in terms of minimum education experienced recruiting women in traditionally male dominated fields drugstore chain. Cvs now says it will no longer require even a high school degree to fill entry level position. Some construction industries have segments have been catering to women on wall street. The dow's up one hundred thirty one points. This is npr. The supreme court of virginia ruled in two cases today regarding the fate of a statue of robert lee. That remains in that city governor. Ralph north said the statute should come down that it is a symbol of institutional racism jad khalil member station w. f. has details last summer. The city of richmond took down most confederate monuments on city owned land but the towering least achy remained. It's graffiti plant surrounded by protesters art and plants. Core cases kept the state which owns a statue and the land where it's located from removing it and the state has kept protesters from gathering there concrete barriers and a tall chainlink fence and circled around about now. The supreme court of virginia has cleared the way for the statue to be removed rejecting to lawsuits. The court said the statues were government speech and the state can decide whether displaying a statue is consistent with public policy for npr news on jad khalil in richmond for the time being billionaire. Richard branson's virgin. Galactic spacecraft is grounded the federal aviation administration saying it's investigating the flight taken by branson and others into low orbit back in july. The band came as virgin. Galactic announced plans to launch three italian researchers to the edge of space in a few weeks. The faa the rocket ship carrying branson and five employees of the company veered off course during its descent back to new mexico putting the ship outside the air. Traffic control clearance area. The faa says it will oversee the probe long-term mortgage rates showed little change this week as the economy continues to grapple with krona virus. Pandemic mortgage buyer. Freddie mac says the average rate on a thirty year loan remain below three percent at two point eight seven percent. I'm jack speer. Npr news this message comes from npr sponsor capital one capital one.

npr news rob stein jack speer President biden northeastern gulf hurricane ida Fema south lake Stephen volmer maria dylan Tahoe rochelle willis centers for disease control an jad khalil Npr news supreme court of virginia Rea northern california white house
"capital one capital one" Discussed on NPR News Now

NPR News Now

01:42 min | 1 year ago

"capital one capital one" Discussed on NPR News Now

"Long term truce. This comes as israel's prime minister heads to washington to meet president biden. Npr's daniel reports from tel aviv. It's the most intense crossborder violence. Since the two sides fought a deadly conflict in may israel says its warplanes struck hamas militant targets it says hamas militants in gaza floated fiery balloons and fired guns toward israel over the weekend. Palestinians and gaza gathered at the israeli barrier. Violent clashes with israeli troops seriously injured palestinians and an israeli officer. Egypt just trying to mediate a truce closed. Its border with gaza awesome. Gaza is planning another such demonstration. Wednesday as israeli. Prime minister tally bennett meets top. Us officials in washington. He meets president biden. Thursday daniel estrin. Npr news tel-aviv house. Democrats are split over multi trillion dollar spending bills. Moderate democrats want to vote. I on an infrastructure. Bill already passed in the us senate instead of on a huge social spending package house speaker. Nancy pelosi wants to move on both packages together house. Lawmakers are meeting again today to discuss it. President biden has declared a major federal disaster in the state of tennessee. This follows last weekend's calamitous flooding that killed twenty one people officials are still searching for missing people. the disaster is tennessee's second destructive flooding events this year as climate change. Worsens weather devastation. I'm korva coleman. Npr news in washington. This message comes from npr sponsor capital one capital. One auto navigator can help you find a car get prequalified instantly and see your real.

president biden gaza israel hamas daniel estrin Npr news tel aviv house washington tel aviv Npr daniel President biden Gaza Egypt bennett us senate Nancy pelosi tennessee Bill korva coleman
"capital one capital one" Discussed on NPR News Now

NPR News Now

02:27 min | 1 year ago

"capital one capital one" Discussed on NPR News Now

"Been sleeping outside out of fear that they're building may collapse or because their buildings had already fallen to the ground in the seven point two magnitude quake that hit on saturday. Npr's jason mobile near the southern haitian city of loci the by administration could recommend couvert nineteen booster shots for fully immunized americans. Possibly as soon as this week. This is awaiting approval from the food and drug administration internal administration discussions suggest. The booster could be administered. Eight months after a person second vaccine does it would be intended to help protect against the delta variant. You're listening to. Npr news tropical depression. Fred is surging north across central georgia. It made landfall yesterday on the florida. Panhandle the storm is moving up into kentucky and virginia and will reach the other mid atlantic states by tomorrow. The national weather service warning the storm will bring flash flooding the massive dixie fire continues to grow in northern california. It's already burned more than nine hundred square miles from member station k. Q. e. d. keith gucci reports forecasters have issued a red flag warning. That runs through late tuesday night as they expect. Steady winds and low humidity across the burn area. Jay luster is an incident commander for the dixie. Fire expect chaos. Today you've heard a lot of factors with the weather. The fuels the complicated situation. Pacific gas and electric is also warning thousands of customers in northern california that they could have their power shut off tuesday night in an effort to prevent its equipment from igniting a wildfire thousands of people remain under a mandatory evacuation order and hundreds of homes have been destroyed for npr news. I'm keith mizuguchi in san francisco prosecutors in minnesota are asking a state judge to reject a request by group of media organizations to unseal the names of the jurors in the derek. Chauvet trial judge peter. Kale had previously ordered that the jurors identities remain secret. That for at least one hundred eighty days after show was convicted last april of murdering george floyd last year. I'm korva coleman. Npr news from washington. This message comes from. Npr sponsor capital. one capital. One auto navigator can help you find.

food and drug administration i Npr news keith gucci Jay luster Npr northern california Panhandle national weather service Fred depression kentucky georgia npr news atlantic keith mizuguchi virginia florida Chauvet minnesota
"capital one capital one" Discussed on NPR News Now

NPR News Now

03:38 min | 1 year ago

"capital one capital one" Discussed on NPR News Now

"Driven by strong winds and hot temperatures. Since erupting sunday the richard spring fire scorched more than one hundred sixty six thousand acres where the hundred large. Wildfires are burning in fifteen states. The dixie fire northern california the largest at more than five hundred thousand acres that fires destroyed roughly a thousand homes. Businesses and other structures. Several school districts in texas are defying governor. Greg abbott's ban on mask requirements. Many are also following his order but camillo anabol- smith of houston public media. Reports parents and students are calling on all the schools in the houston region to require masks alley. Fitzpatrick has twin boys in the cipher. School district when they start second-grade they'll have a virtual option but no mask requirement. Did not they can barely cope with the past year and a half choosing not implement a math mandates. It's making deadly political statement. Fitzpatrick spoke at a rally organized by the regional chapter of the afl cio on hillis. Who will be a senior houston's northside high school says she'll be wearing a mask and control. Even the smallest the most impactful way wearing a mask mandate issued by houston schools. Last week is being challenged. In court by governor abbot. I'm camilo hannibal smith in houston. Hundreds of thousands more federal employees are now required to get their covert nineteen shots as a means of slowing the spread of the delta variant of corona virus. The department of veterans affairs is expanding its mandate to nearly everyone who works at or visit. Va hospitals secretary denis mcdonough telling cbs's morning the updated mandate will affect two hundred forty five thousand additional employees. And that starts tomorrow. So we'll the department of health and human services vaccination mandate that order affects roughly twenty five thousand people patient care. Medical or religious exceptions are allowed. It's npr news. Frontline health professionals in public health workers in canada are again urging people to get vaccinated. Dan carpenter reports. they say canada has now entered. the fourth wave of the pandemic. Most experts agree that a fourth wave is here but not as severe as what was experienced in the third wave however they warned that because of the more infectious delta variant really explosive growth can happen very quickly. British columbia has the bulk of the new infections followed by alberta's scheduled ontario and quebec and health. Officials say ninety percent of all cove nineteen cases since december have been among unvaccinated people. That's dan carbon check reporting the new york yankees and chicago. White sox will face off tonight in iowa as greg. Acklin reports major league baseball is hosting a game where the nineteen eighty. Nine baseball movie field of dreams was filmed. The game was called off last year. Because of the pandemic before wrapping up their series in kansas city the yankees placed another player relief pitcher clay homes on the cova nine thousand nine hundred injured list. But despite being shorthanded yankee slugger aaron judge says playing on this field will be a dream. Come true know you see the movie. Never think that jesse a chance to play at the field of dreams but you know getting this opportunity a chance to walk through the corn. It's going to be. I think it's gonna be a big moment since the film was released. An eight thousand seat stadium has been built on the site and this will be the first major league game plate in the state of iowa for npr news. I'm gregg acklin. I'm lakshmi singh. Npr news this message comes from npr sponsor capital one capital one auto.

houston camillo anabol Fitzpatrick northside high school governor abbot camilo hannibal smith Greg abbott denis mcdonough Dan carpenter hillis afl department of veterans affairs dan carbon smith california texas Acklin department of health and human
"capital one capital one" Discussed on NPR News Now

NPR News Now

01:41 min | 1 year ago

"capital one capital one" Discussed on NPR News Now

"Maths are on the rise again. Mid rising numbers of covert nineteen cases linked to a more contagious variant of the virus the uptick in sales coming the centers for disease control and prevention revised. Its mask guidance. Saying people live in areas where cases of surging need to again where mass indoors. According to the dobie digital economy index mass sales were up twenty four percent with the seven day period. Ending tuesday amazon's pandemic sales boom is slowing the company's latest earnings report. Show shopping on amazon is still growing. But it's lost some of its momentum. More npr's alina sell seljuk to be clear. Amazon's prophets are still growing nearly eight billion dollars for the quarter ending. June amazon's finance chief said the company still shipping out double the volume of goods. That i did two years ago before the pandemic but the shutdowns were huge boon to online shopping and now people are spending less time at home on their phones and so amazon sales growth began slowing amazon stock price to dip because investors expected more growth and more optimistic forecast and amazon is among. Npr sponsors amazon reported huge growth in sales of advertising and its cash cow cloud computing which brought in almost fifteen billion dollars. Alina seljuk npr news. The operator of the popular cedar point amusement park in sandusky ohio says it plans to build a new fifteen hundred cds sports arena near its flagship operation operators cedar fair amusement saying the plans call for twenty eight million dollar facility to draw gamers from across the midwest. This is npr. This message comes from npr sponsor capital one capital one auto navigator can help you.

amazon centers for disease control an npr alina Alina seljuk cedar point amusement park cedar fair amusement sandusky ohio midwest
"capital one capital one" Discussed on KOA 850 AM

KOA 850 AM

01:59 min | 1 year ago

"capital one capital one" Discussed on KOA 850 AM

"Again over 30 parcels of land near Kingsburg, Colorado, will be auctioned off July 24 more Information and action. Details 8667418323 or visit US online outdoors. Com Did you know the Colorado Lottery returns millions of dollars every year at parks, trails, pools and open space across our state? In fact, the lottery provided funds to the bar Lake State Park ADA Accessible fishing Pier in Brighton. This project constructed a 90 ft fishing pier that was designed to accommodate all park visitors, particularly Dot com to check out all the projects and places your lottery dollars make possible When you play games from the Colorado Lottery, Everyone wins play on Colorado. At Martin Marietta. We build things and the next big thing we want to build is your career. Martin Marietta is hiring across all positions CDL drivers, laborers, equipment operators, mechanics and dispatchers. We offer the best pay in the industry and benefits that start day. One medical dental vision, matching four Oh one k pension plans and more. Our CDL drivers are home every night visit Martin marietta dot com. Forward slash careers to apply That's Martin marietta dot com. Forward slash careers Never know how Get 20% off three or more items with 2 99 Napa bucket. Yep. Save on wipers, headlights, brake pads, motor oil. Wait. How long is this list? Wow. Floor mats, boat batteries towing parts. I'm not sure we have time to read all this. Let's just say, save 20% on a lot quality parts. Helpful people. That's Napa. Know how Never know how Spent locations. Exclusion supply may not be combined with other offers offer and 7 31 21 Capital you went inside Our studio is Major League baseball on ESPN Radio practice capital one, capital One has no fees or minimum checking and savings accounts. That's what banking reimagined What's in your wallets. Terms..

"capital one capital one" Discussed on Newsradio 700 WLW

Newsradio 700 WLW

02:20 min | 1 year ago

"capital one capital one" Discussed on Newsradio 700 WLW

"Squat like ours, I guess. Be the rising I'm Chris. Tell Alonso from frequency machine and the locks. Media Podcast Network. This is Chicano squad. Listen and follow this podcast for free on the I heart radio app number one for music, radio and podcasts, all in one app. The free I. Heart radio APP is number one for music, radio and podcasts. All in one discover a new podcast from our library of over 350,000 titles. Here's an I. Heart Radio podcast preview. Imagine You're struggling with back pain for months. No one can tell you what's wrong. Then you find a doctor, in the words that he said that I wanted to hear was I can fix you. And you know, those are magic words. I was in pain and somebody in neurosurgeon Terek in fiction, You trust he'll take care of your problem. Nothing but good reports and the list of accolades that We're two pages long When you talk to him. He's engaging. He seems very intelligent. He's witty. He's charming. He'd always talk about. I'm going to be a doctor. But he has this dark side that he likes to keep separate and hidden from everybody else. This is a story about 33 patients who put their trust in a prominent surgeon in Dallas State. Your full name for the record. Christopher Daniel Bunch. And wish they hadn't This friend called me and said, I believe that your doctor is on the news that he has been killing patients. And it's a story about a system that failed to protect them at every possible listening to the 2021 MLB All Star Game on ESPN Radio and the ESPN F Capital Joy to inside our studios. Major League baseball on ESPN already in practice Capital one, capital One has no fees for minimums on checking and savings accounts. That's what banking reimagined what's in your wallets. Terms. Apply Capital one.

"capital one capital one" Discussed on 600 WREC

600 WREC

01:40 min | 1 year ago

"capital one capital one" Discussed on 600 WREC

"Side. Wbrc First word chief meteorologist JP Dice on news Radio one. Oh 55. W E. R. C right now It's 67 degrees at Birmingham's News, Traffic and Weather Station News Radio one Oh 55 w we are see. His news radio one on 55. W E. R C and I Heart radio station available everywhere on our free I heart radio number one for music, radio and podcasts, all in one. Taking the days information and helping you make sense of it all. We're here for you every morning. You're listening to America's first news this morning with Gordon D. Oh, thanks for spending time with us and welcome into Tuesday, July 13 Gordon deal Jennifer Kostenko some of our top stories and headlines progress on a couple of big Western wildfires, though there are evacuations. President Biden visits Philadelphia today to advocate for voting legislation. Texas Democrats leave the state to deny Republicans a chance to pass a voting measure. CUBA CRACKDOWN on anti government protesters. British lawmakers criticized social media for allowing racial abuse of English players after losing the euro soccer final discounted pancakes at I hop today, and the New Yorkers who carry on with the cheering nightly for hospital workers, that story in about 20 minutes. This portion of the program is brought to you by capital one. Capital One has no fees or minimums on checking and savings accounts. That's banking reimagined. What's in your wallet? Terms? Apply Capital one n a member F D I C. Rising stocks and rock bottom.

"capital one capital one" Discussed on ESPN Chicago 1000 - WMVP

ESPN Chicago 1000 - WMVP

02:23 min | 1 year ago

"capital one capital one" Discussed on ESPN Chicago 1000 - WMVP

"37 lead for Denver. We should note nine off the bench right now for Morris on the Denver side. Caldwell. Pope is back and gives it up Davis below the left following his Senate strict as he went through the elbow, Millsaps got the steel Louisiana Tech Hall of Famer Sense it ahead to Morris right foul on instead. Packet back out top of the Ark for Milsap turns throws to his left A Porter Jr defended here with the left hand extended by Cozma, driving the left slot in the paint quarter shoots blocked by Davis. He had three of those last time out. The Lakers. Bring it back up the floor quickly to Koos left side breaking. He traveled with it. Try and do a little shimmy. Shake down. Will Barton driver the rim? He turns it over on the traveling violation Tony Brown right on the call. That's one of the point of Emphasis this year for the officials. When you catch the ball, you better establish your pivot foot before you go. That was kind of looked away from in the past. Not this season. Off the high middle screen Barton Worse, the dribble toward the right elbow tonight has to retreat here against called Wall Pulp gives it up Left side. Millsap of the right hand dribble to the top of the lane shoots a fader from 14 1 in and out. No good. Girl with the rebound sends it out ahead of Koosman. The left corner. Caldwell Pope tightropes the baseline, trying to the Redmond lasered in drawing the foul as well possible three point play in the offing here for the Lakers. About halfway through the second quarter. The NBA on ESPN Radio's brought to you by Capital one capital One is no fees or minimums on checking and savings accounts. That's banking re imagine what's in your wallet. Terms, Apply Capital one and a member. F D I c While on Millsap. Kentavious Caldwell Pope of the line to our left. They see peace, been struggling a little bit show he had 11 the other night but didn't shoot it very well, particularly well. Uh, Second game ago, but he had no points against Boston, only six against Detroit three against Philly very atypical for KCP, four of 17 his last two games. Bounce pass to Yokich Yoke. It's somewhat quiet by his standards, especially after the first quarter put up this earlier this week against Utah steps in the paint shoots on Davis and draws a foul on Anthony got him on the arm. Yokich too strong at the broken line and look to add to a five.

Caldwell Pope Davis Lakers Millsap Koos Morris Louisiana Tech Hall of Famer S Denver Capital one capital One Yokich Yoke Senate Barton Apply Capital Millsaps Milsap KCP ESPN Radio Boston NBA Tony Brown
"capital one capital one" Discussed on 600 WREC

600 WREC

01:42 min | 2 years ago

"capital one capital one" Discussed on 600 WREC

"Boost your employment opportunities and reach your goals while accommodating your personal And work schedules. Imagine what you can accomplish is your education transforms you into a leader in your field are in moment, counselors and faculty will provide you with personal support throughout your studies. Your degree is now more affordable than ever. Thanks to Aurora universities, transfer credit options, financial aid and free online application. Many courses featured digital re sources that are available for free. Get started today at online dot aurora dot e. D u In the world to your door every morning. This is America's first news this morning with your host Gordon deal. Thanks being with us walking into Tuesday, February 2 Gordon deal Jennifer Krauchanka some of our top stories and headlines northeast digging out from a big winter storm. CDC rule requiring masks for travelers In effect today, Republican senators presented competing coronavirus relief filled with White House, Bloomberg says more Americans have received their first vaccine does for covert. That have now tested positive stocks were higher yesterday. Volatility was lower. Space X will fly four tourists into space later this year and what's called the world's first all civilian mission. Our high school principal quietly helps his neediest students. That story in about 20 minutes. It's time for a business update, and it's brought to you by capital one. Capital One has no fees or minimums on checking and savings accounts. That's banking reimagined. What's in your wallet? Terms? Apply Capital one in a member F D I C..

"capital one capital one" Discussed on The Blog of Author Tim Ferriss

The Blog of Author Tim Ferriss

05:05 min | 2 years ago

"capital one capital one" Discussed on The Blog of Author Tim Ferriss

"That's what i did when i was probably in fourth or fifth grade and but the iteration comes from. What can i get away with. I mean i you buy for ten cents insult for twenty and you go. That was easy. Maybe i can sell it for two dollars and of course it doesn't go so well but little by little as you keep trying different things you hone in on the one. That actually has the best return for you. I also sold american seeds which is probably the closest thing that america had to indentured servitude back in the sixties when i did it. We're basically you went door to door selling seed packets and if you sold seven or eight thousand seed packets you could win a fifteen cent whistle or something like that but nevertheless i was into it because i got to the door and i pitch it and it wouldn't work and then i'd have to try that the next door and little by little again you're trying different things and what happens if i say i've put together a combo. Pack or if you buy three author a fourth for free and each trying all those little things to find out which ones work best which ones work best for you which one works. Best for the product. You're trying to sell and we can jump at this. This is a big piece of my life before i really became. A tech entrepreneur eye was at direct marketing guy. You know junk mail Direct response television catalogs mail order magazine circulation and that is entirely about testing things trying different things and seeing which ones work which ones don't and for ones that work. What works better. So i'll share something that i don't think i've ever share publicly before one people may have heard. Which is i in college. Applied to a few different jobs was trilogy software which i was very excited about didn't get the job ultimately the other one that i was excited about which which i also did not make the final cut for was working at capital one capital one for people listening..

twenty two dollars seven ten cents fourth fifteen cent each sixties eight thousand seed packets america three author one people american fifth grade one
Capital One's UX Design Lead Talks Digital Messaging

Revision Path

07:36 min | 3 years ago

Capital One's UX Design Lead Talks Digital Messaging

"My name is Rhonda Wilson. I am a US Zayn lead for the digital messaging team at at a little company called capital one. I'm also a partner with a hip hop archivists friend for a Lego group that we've called most incredible and I I am the CO founder of the Hugh Design Summit. That's a lot I lead in Lagos artists and hugh collective and I definitely want to touch on all all of that stuff. I want to start with capital. One capital one actually even sponsored the show back in February so thank you capital one for that. Tell me about the work that you do there as a design. I believe so in digital messaging specifically what we're concerned with is obviously the messaging touch points that capital one uses to reach out to the customers so obviously basically all of the lines of business that capital one has you know bank kept Card Co.. F- where I work is in the partnership space so companies that capital one has has private label credit card relationships with so we consult with internal creative teams in all different cross functional teams to create messaging experiences that are relevant and personalized for the customer and what does that messaging look like is it just email or the sort of different touch points where you're interacting with the customer e-mail is the message. You're always but we also include. SMS and push depending on how the customer chooses to receive their message and now you've been a capital one for a long on-time I mean eight years is like a lifetime to be a one place in this industry. I'm really curious. What attracted you to them as a company well I I I. I have to provide a little bit of context into obviously how I got there but where it came from so graduated from Georgia Tech in two thousand nine nine and was working odd jobs here and there and actually got to capitol went through a staffing agency okay yeah so I didn't even I know what the company was. Oil who the company was until I got to the interview and realized it was capital winning. I haven't had too much knowledge of capital one up to that moment so actually started their contracting and then throughout my years there you know I realized that this is not your typical typical corporate environment as as you might imagine a corporate America Office to be or just the demeanor how people exhibit certain behaviors. Here's is really laid back so that's what I like about it. It's if it's my personality and more specifically the team that I'm on the way we communicate eight and the way that we work with each other. I think really attracted me to one kept me here so I started and on September. It's wealth two thousand eleven. Wow that's quite a data start. Worse less quantum momentus day to start started job. Yes I remember getting the interview and and I got the job but I had requested to start after Labor Day so I got the interview and maybe July like in July. actually went back recently found the email and screen shot it just to keep it for history's sake for posterity and requested them to like can. I can I stay in Atlanta for until after Labor Day to have a going away party so I did that and then started drove up from Atlanta started September number twelve till two thousand eleven and has been on pop from their nice so you mentioned email you mentioned sms. Can you talk just kind of generally like what kind of projects you're working on right. Now now the type of projects that we're working on they range from I guess welcoming customers to they're registering or signing up for credit card providing benefits benefit information about the car providing information on how many how much rewards they've they've attained through usage of the card hard so the other projects that we have are trying to figure out what's what's the best I guess in the ecosystem of messaging and how the customer more communicates with Capital One wet has the customer chosen as their preferred mode of communication and how can we reach them without confusing them on their journey to you know maybe pay the balance on the card or find out how many rewards they have or any like auto loans they may have signed up for so making sure that the information in that we've delivered to them as precise concise and has great timing now. I would imagine with you know between email and SMS there probably is a lot lot of testing that you all have to make sure that the Texas coming off like in the right brand boys that it's you know the rights tone and that it's actually accomplishing you want to accomplish. Is there a lot of testing that goes into all of this. There is we obviously use not only. I use a research in the form of testing that way we make sure that the not only is the brand voice consistent but that is able to be absorbed and and his again relevant and speaks to that particular moment that the customers in their journey. Actually you know maybe a couple of weeks ago. I was in New York doing said use a research just to make sure that anything while the the experience of messaging is is is what they're used to from a financial services standpoint wet what makes sense from a institution like that or do they used to what turns them off and we use that to craft the messaging that we offer interesting. I wonder if I mean you. Can you know correct me here. I would imagine it also goes into maybe like automated types of messaging as well like say for example voice or anything like that if you're referring to something like e-e-e-e-no that which is kind of getting around yeah yeah we partnered with them a lot and make sure that that's also built into the ecosystem not only again email and sms the mass but if the touch point is interacting with you know in either you know in the on the phone or in the browser that they're getting what they need when they want it what's has been the most challenging part about the work that you do those challenging part of the work that we do. I think would be I think the the innovation part I think where we're always looking for forward to doing is being on you know it's kind of like a buzzword but on the cutting edge the bleeding edge even on of messaging so we're always looking to make sure that what we have and what we have the offer our partners is top of the line in terms of the latest developments in email than SMS push looking across the industry making making sure that we pick up on trends that are emerging and obviously let go of trends that are falling away so I think the challenging part is staying on top It's almost sounds like I'm bragging but but but just making sure that we keep abreast of any new development so bad weekend if there's a solution that one of our internal customers is looking to offer their customers we can say hey like we have that or if we don't have it we can offer a similar

Capital One Partner United States Atlanta Rhonda Wilson Hugh Design Summit Lagos Georgia Tech Co Founder America New York Texas Eight Years
Space Economics

The Indicator from Planet Money

09:58 min | 4 years ago

Space Economics

"Thirty seven meters. Thirty meters twenty meters seventeen meter standing by for touchdown. These were the sounds inside of Nasr's Jet Propulsion Laboratory near Pasadena, California on Monday afternoon, as the people working there eagerly-hoped Nasr's unmanned spacecraft. The insight would nail the really tricky landing on the surface of Mars touchdown confirmed. Ever gets. It doesn't rats NASA. No, it's thrilling thrilling the landing did the insight which was carrying instruments that will help scientists to study the surface of Mars, and it's an habitants and learn whatever it can about the planet occupied or not this is able to prove it's not occupies. This is all very inspiring stuff. But our interest in space missions here. The indicator is not actually about the science as always it's about the economics. I'm Garcia, and I'm Stacey Vanik Smith and technically Cardiff economics is a science science issue. It's a social science. I think they. This is the indicator from planet money today and tomorrow on the show, we're going to take a look at the economic history of the US space program with a space economist. Yes, there is such a thing as a space economists. There's kind of thing. We'll tell you why the incites mission to Mars is actually a throwback to the way NASA used to do things. And we'll also explain what the economics of space looks like now. This message comes from the indicators sponsor capital. One capital. One's indicator is zero because they offer accounts with zero fees or minimums, and they offer accounts that can be opened from anywhere in five minutes. Capital one. What's in your wallet capital? One NA. Support also comes from SAP. Concur employees can submit expenses from anywhere. It's how the best run businesses make their expenses run better SAP. Concur. Learn more at concur dot com slash NPR. Matt Weinzierl is our space economist, well sort of he teaches at the Harvard Business School. He's an economist, and he has a really passionate interest in space. Matt knows that most people have a fascination with space because of like the grand themes exploration. The search for aliens going to the moon so planets AB someday living on Mars with its other inhabitants. Exactly, not Matt. He got excited about space for a different reason is the over the last decade, really almost two decades. Now, we've seen a real flourishing of a commercial space sector. See back in the Cold War decades, the sixties seventies and eighties. When the US was researching the Soviet Union to the moon and developing the space shuttle, Matt says the US space program was meant to provide Americans with so-called public goods. And this is a really important concept in economics public goods are defined by two things first when someone uses a public good it does not. Prevent another person from being able to use it and second when a person uses a public good. It also doesn't take away from how much someone else can use it. So a computer is not a public good. No, not at all. Because I'm using it. And you. One example of public good is clean air. My breathing. It does not stop Stacey. From also, breathing it or military protection. Just because I'm protected by the US military doesn't mean that Stacey is not protected. Matt gives three examples of the public goods that NASA originally was meant to provide the first one national security being able to defend ourselves from space or do something else space was critical importance to national security the second scientific discoveries. So too early. It's hard for the private sector, which is motivated by profit to do basic research in things that won't obviously be sellable. The third public good something you just really can't put a price tag on national pride. Don't usually talk about as much. But I think if you think back to the Cold War that was clearly a big part of it that we wanted to show that our model. Our our society was was the better choice for other societies to take and as the name suggests public goods tend to be publicly provided or. Vied by the government using taxpayer money because there isn't always an obvious motivation for the private sector to provide these public goods, there just isn't an immediate way to profit from them. And yet these goods are valuable to society. So the government uses its unique ability to direct massive amounts of money into providing those goods, it's a centralized economic model. The government agency in this case NASA decides what to do, and it has no competition for how best to do it and using this model. Matt says NASA has really accomplished amazing things over the years, think of the moon missions. And yes, the Mars landings like the one this week and also helping to build the international space station, which is a research laboratory the size of a football field that orbits the earth. And finally, of course, there was the space shuttle program, which was designed to transport people and stuff into space. But Matt says by the early years of this century NASA was struggling to define what its next mission should be NASA hasn't put a man on the moon. Since nineteen seventy two and the space shuttle program, experienced two tragedies, I when the challenger space shuttle exploded in one thousand nine hundred six and second when the Columbia space shuttle disintegrated in two thousand and three and that says it was a lot more expensive per space shuttle flight than people hoped and it got into space a lot less often in two thousand four the administration of President George W Bush announced that it was canceling the space shuttle program and this left NASA with a problem. How is it going to send cargo and cruise into space to do things? Like, for instance, supply, the international space station without space shuttle program NASA came up with two strategies one was a conventional big government centralized program, which would last many years and cost many billions of dollars and then on the margins. There was this idea to spend a little bit of money to encourage a more decentralised, private sector driven space economy. But basically it turned. Out that that conventional program went over budget and behind schedule and eventually got cancelled. But that little experimental program that involved NASA, partnering with the private sector that worked out. This programme was known as cots c o t s and that is an acronym. For commercial orbital transportation services. Nasa issued a report last year saying that the cots program had been this huge success and a model for the public sector to partner with the private sector. And since then NASA has launched no pun intended, is maybe slightly intended other partnership programs that are just like it. Yeah. And the basic way these programs work is that when NASA needs something NASA tells private companies how much it might be willing to pay for it. And then those private companies get to work on figuring out how to provide it for example, last decade when NASA wanted a better way to send supplies to the international space station, and in fact to private companies orbital sciences and SpaceX convinced NASA that they could use their shuttles to resupply. The. Space station. So NASA paid them combined three point five billion dollars for a total of twenty resupply. Flights to the space station. And there are plenty more examples. Like right now NASA is asking private companies to propose technologies they can build and which NASA will pay for that will be useful for future moon missions. We're going back. Yeah. Matt says that NASA is more of a partner with such private companies than a supervisor NASA sets the goal, but private companies compete with each other to come up with the best way to meet that goal and the private companies, then get to keep most of the innovations that they come up with and which they can use to develop new products that they can sell in the private sector or which they can sell to organizations other than NASA. From an economic standpoint this newer, decentralized model has a lot of benefits there's competition between companies which tends to make products better. There's also a profit motive for those companies and incentive for them to discover new technologies and NASA gets access to these new technol-. Gies for a lot less money than it would have cost to develop them. Plus this model is laying the groundwork. Or Stacey laying the space work. Very nice. Very nice, not very nice for the future. When a lot of activity in space will be driven mostly by the private sector. In other words, these partnerships between NASA and the private sector are creating new marketplace for space technologies. We're one did not previously exist and private companies right now are coming up with technologies that will have actual value that could be bought and sold for actual money in this possible future. So what are these new exciting activities going to be and what weird new economic challenges might these activities themselves create Matt tells us about them on tomorrow's episode to tune in. I'm excited to hear more about the martians. Hey, it's catch out with the code. Switch team few years ago. I adopted this queue, but also shy eagle next from a dog rescue. But I noticed really fast he mostly barked at my friends of color made me wonder is my dog racist. So I went to find out check it out on the next code. Switch podcast.

Nasa Matt Weinzierl United States Stacey Vanik Smith Jet Propulsion Laboratory California Nasr Pasadena Government Garcia SAP Partner Cardiff Harvard Business School Soviet Union Football President George W Bush