18 Burst results for "Caterpillar Inc."
"caterpillar inc." Discussed on Software People Stories
"The company software stories. i'm shift. I'm chitra ninety three bring you interesting untold stories of people associated with the clinician or consumption all software based solutions. You'll hear stories of wadsworth. And sometimes what didn't you will also hear very personal experiences and insights. That would trigger your thoughts and you to do even greater one. Kushner was ability leader anga product year in caterpillar inc. You would hear this very stock in talk later and the passion he phone. I'm lita remove and woods park thinking and you embedded software and really moved him. Athletics medals the woods thinking realistically and thinking from a customer's angle and he also her is ashen words not just romar respected. Although from using his as as dolan onset listen all high blend welcomed the software people stories. Thank you so much for doing this. But when the high that's being pretty good fashion of the deal and Thanks for having me in decision. I want you to introduce yourself for our listeners. I know you along absolutely absolutely so i Actually lead the one of the divisions of character. India have been working company for quite a long time before that. I started my company called meaning now for five years and then i moved out love. What for lost twenty or so. So i be working in Cat and i've been non genetic leader and caterpillar of going engineering Either ship for right from a what be infused with playing that software. Studies rely staggered. Mike idiot us a software engineer. A little beat. Her family moved into engineering product. Looking plus no need pretty large. Let let's from the beginning. What you in the being the software. What was the initiation was doing ledge using mortar. You bet it's probably started off from my afterlife. Finish line genetic. It's not like i say a lot of people saying that late. From the fenway was born. I was offering invites. That's not what i am by dr. From my first job after completing my valuation an genetic and chronic and communication and right after that mice less job i mentioned delays after in the so when i started my job and set the on. Does this training program at the genetic person that did it goes through this pretty extensive training for the first time we true. I started doing programming by myself You know how we do program on any. What's in the right so now it's about making sure that we have all the syntax we dislike and everything works lights. You want better member syntax. Indefensible are major. Have bitten in place to mitch writes Not having said that right now or feed of gwen was doing the training i was going to. I started the fingers the sense of satisfaction..
Its Not About the Software With Bhuvan Anandakrishnan
"One. Kushner was ability leader anga product year in caterpillar inc. You would hear this very stock in talk later and the passion he phone. I'm lita remove and woods park thinking and you embedded software and really moved him. Athletics medals the woods thinking realistically and thinking from a customer's angle and he also her is ashen words not just romar respected. Although from using his as as dolan onset listen all high blend welcomed the software people stories. Thank you so much for doing this. But when the high that's being pretty good fashion of the deal and Thanks for having me in decision. I want you to introduce yourself for our listeners. I know you along absolutely absolutely so i Actually lead the one of the divisions of character. India have been working company for quite a long time before that. I started my company called meaning now for five years and then i moved out love. What for lost twenty or so. So i be working in Cat and i've been non genetic leader and caterpillar of going engineering Either ship for right from a what be infused with playing that software. Studies rely staggered. Mike idiot us a software engineer. A little beat. Her family moved into engineering product. Looking plus no need pretty large.
"caterpillar inc." Discussed on M&A Science
"And i am here to introduce next session. The title of the session is lessons learned from large-scale divestitures and our speakers for this are the lena moments. Managing director at british. Partners emanate integration separations. Just bags field. Cto adult technologies jillian cable system hr global mergers acquisitions and divestitures manager at caterpillar inc. An kumar chief executive officer at ap. Namik thank you. So much. For the introduction julia. I am the moderator for this session. I am building a wall in a managing director or partners where lead our integration and separation. Practice or as parv if not familiar with us is a boutique advisory firm with a particular emphasis on supporting our clients in both the buy side and the south side of them in a i joined birds partners after twenty five years of experience in the corporate world with twenty years at united technologies corporation where i had mostly corporate development roles and i led numerous corporate divestitures and the integration of an eighteen billion dollar. Acquisition joint stanley. Black becker where stood up and lead their integration management office. That they had developed internally. I think it'd be fair to say that most of the topics of the last day and a half of the focused on acquisitions. I've topic focus. That's the church. Many of us in the corporate development role have to deal with both of these types of transactions and we all know that divestiture is not just the reverse of an opposition cannot just pull an integration label can do it in reverse. There's a lot of very special nuances that needs to be taken into consideration when you're selling a business and there's also not as much of great excitement or fanfare around the divestiture as typically would be around many gration so while there's a lot less kind of glamorous tasks that is involved in in a business than an acquiring one how there's still a lot of value that could be gained or lost if that's the truth non-property manage we have an amazing panel free today to help a delve into these topics. And give you a few lessons learned and what to do and what not to do when you go into a divestiture separation. Nitin kumar is the first one we the sea level operating executive and management consultant with twenty years of global experience in the piece sector and veteran of over one. Thousand deal hope. Ceo board pe investors and leaders transformed their business models leveraging disruptive trance and mini. He has experienced an all kinds of transactions ranging from classic consolidation. Adjacency moves whose technology tuck in new business model athlete hires activist dominate and hostile takeovers. He has worked with corporate and pe client across them in a strategy due-diligence integration and separation. Next up is jillian cable. With over thirty years that caterpillar jillian has various leadership position at the company and he county human resources and six sigma those experiences along with certifications in. Hr and project management served her well in her current role as global hr manager and acquisition manager within corporate development and strategy division in that role. She's responsible for only hr cities from working with business. Units and transaction managers on strategy and costs legal on contract language negotiation and functional areas on executions through post implementation. And last. but not least we have josh. Beg josh is a strategic technology executive with proven track record of leading digital transformation in education media publishing and financial services articles josh over twenty years of experience partnering closely with customer facing and back office functions to implement efficient and secure enterprise technology solution during his twelve years with mcgraw hill companies and most recently with mcgraw hill education. Josh was responsible for leading many divestitures with pacific focus on the digital portfolio and technology aspects of the transaction as you can see. We have a very diverse from a functional area perspective. Cannell here today. We'll be really good to delve into the topic of divestiture and we will focus some of this conversation in and around those specific functional areas before we get into that. I'd like to ask each one of you guys to help us a little bit about your experience with i'll start with jillian and keep delina divestitures survey recent for caterpillar. We had done quite a few acquisitions throughout the years and tend to hang on to everything that we bought but probably about ten years ago. Really got more strategic about our focus. Started doing myself. I've roughly about and from very small employs one location. The us to probably the largest one is about ten thousand employees and covered twenty four countries. Quite a range there. I'll those different experiences that you mentioned my background really underplay just like an acquisitions. Things like project management very key. How closely work with your corporate development team. That also comes into play. So i would say for me. And the way we're structured at caterpillar. I actually sit in the upper and that has been really valuable rate. Pay nitin my name. Is doug mcdermott. particularly divestitures. have probably on five of them and they arranged from hundred million to a massive thirty billion in each of them have different challenges. The configurations that work has had sales in australia trade publicly. But these are abuse but mcnew traded about equity and then Both from the pitcher side which is selling in from catchers. I will just every function with the exception of finance and obviously embedded so kind of over that but i'm more of a front office and technology specialists in an ounce. Russia management social looking forward to the session..
"caterpillar inc." Discussed on Biz Talk Radio
"The nasdaq down fifty five today with the Dow up to forty member the nasdaq was hardly up yesterday with the Dow five hundred the nasdaq one hundred was down yesterday and the nasdaq one hundred some of the seventy two today but I gotta tell ya the nasdaq was down one ninety earlier solely down fifty five now so maybe it's just one of these big scares to the downside the gas yeah probably got some pricing time in here I will say but just leave a note down the last couple of days it's been all the stuff that's been dead you know how I've been coming on the show for weeks saying eighty five percent of the markets that the eighty five percent of the markets will come up and again we don't know to what extent but I can tell you some pretty good bottoming patterns are in place pretty good bottoming patterns in place and what does that mean because that maybe they can pull back towards them they break it up simple as that they're not breaking up and that's why we sent you for a while there's no chance of breaking the March lows while so many people out there saying the end of the world coming we thought there was enough stuff that came off the lows and enough of the fashion that told us there was no chance and there's still plenty of people out there saying we are do we think certain things would have to happen for that to happen and you know what that is right we've taught you throughout the years in order to head down in earnest again we have to really top out in earnest again at one eighty five percent of market putting in near term lows and it happened but the other areas of the market that's been strong Dickens Nissan and we've owned some things we got out of the way quick we'll see how it plays out it's a long day so as of the second in the one o'clock hour up to sixty and guess what's going on American Express up five Goldman Sachs up ten JPMorgan up for that's nineteen NASCAR news six women of a hundred and forty Dow points right there with those three names and then you have a little more moves in three M. what a Raytheon the defense stocks with decent today caterpillar so all this stuff and as I look at my value screen today the financials and miscellaneous financials caterpillar Inc Deere transports are up one forty they were a much more I'll tell you one area that's stronger than most of those men the housing stocks are pretty damn strong we came out with a pretty decent housing number yesterday amazingly merit Taj homes M..
"caterpillar inc." Discussed on Biz Talk Radio
"The nasdaq down fifty five today with the Dow up to forty member the nasdaq was hardly up yesterday with the doubt five hundred the nasdaq one hundred was down yesterday and the nasdaq one hundred some of the seventy two today but I gotta tell ya the nasdaq was down one ninety earlier fully down fifty five now so maybe it's just one of these big scares to the downside the gas yeah probably got some pricing timing here I will say but just leave no doubt the last couple of days it's been all the stuff that's been dead you know how I've been coming on the show for weeks saying eighty five percent of the market that the eighty five percent of the markets will come up and again we don't know to what extent but I can tell you some pretty good bottoming patterns are in place pretty good bottoming patterns in place and what does that mean talks that maybe they can pull back towards them they break it up simple as that they're not breaking up and that's why we set you for a while there's no chance of breaking the March lows while so many people out there saying the end of the world coming we thought that was enough stuff that came off the lows and enough of the fashion that told us there was no chance and there's still plenty of people out there saying we are doomed we think certain things would have to happen for that to happen and you know what that is right we've taught you throughout the years in order to head down in earnest again we have to really top out in earnest again and when eighty five percent of market putting in near term lows and it happened but the other areas of the market that's been strong Dickens Nissan and we've owned some things we got out of the way quick we'll see how it plays out it's a long day so as of the second in the one o'clock hour up to sixty and guess what's going on American Express up five Goldman Sachs up ten JPMorgan up for that's nineteen that's six women of a hundred forty Dow points right there with those three names and then you have a little more moves in three M. what a Raytheon the defense stocks are decent today caterpillar so all the stuff and as I look at my value screen today the financials and miscellaneous financials caterpillar Inc Deere transports rep one forty they were much more I'll tell you one area that's stronger than most of those men the housing stocks are pretty damn strong we came out with a pretty decent housing number yesterday I'm basically merit Taj homes M. T. H. is back near the old heart wow some pandemic cook up next on the ad for the markets whatever else comes to mind thanks for being here I'm Gary this is the one only investors at I've always wanted to learn another language so I decided to give babyliss try and I really like the teaching method of the app I started with the beginner lesson on babble and soon you're putting words into a conversation each lesson takes about ten to fifteen minutes and they're all really different which keeps things interesting.
"caterpillar inc." Discussed on 860AM The Answer
"Trump's policies before the pandemic that is not true for god shakes Larry stop it just stop it god yeah eighty eight he says stuff like this he believes it he believes that he doesn't think he's lying to you when you match the top ten percent owns more than seventy percent of the total wealth in China let me repeat the top ten percent owned the book more than seventy percent of the total up in China Europe and United States combined about a fifty percent on less than two percent and the middle fifty forty percent or less than thirty percent but let's take the richest one percent of Americans they currently own a huge forty percent of the total also household wealth in this country what's it it's gotten worse why because one night in two thousand eight when they start to stock buybacks all the well benefited the very very rich the one percentile because they had eighty five percent of the wealth of the stock market everybody else was working for wages and your wages were going up they thought they're living a better lifestyle because they were part of a credit bubble call the fake wealth effect give them credit give them credit given them credit keeps telling me to buy a car for seven years eight years whatever they need give them credit to give them credit card five in Chatham fifty what are they what they'll think you're wealthy in the meantime we're going to go out and we're going to take all this money that the federal reserve is going to give to us and we're going to check stock and just keep buying them by an image of the debt is so huge we're going to let the debt like in two thousand eight member it was said that the cost to two thousand a crash is to death this is because the two thousand twenty crash and the same thing they say the big rich they say look let it crash and it will start another bubble because we're gonna get bailed out again we got bailed out with the dot coms we got bailed out with the housing financial con now the queue we convert getting bailed out the keep bailing us out and take parking space one says oh my god if we don't build these big companies out we're going to go into a depression which is a total lie just like the banks of we don't bail out the banks oh my god banking is over forever we're going to start using beads and stones to trade with each other this is a bunch of nonsense here's the nonsense this thing is going to be six trillion dollars okay now there's about five hundred billion going to the small businesses about three hundred fifty billion going I think yes three fifty five hundred billion going to to the to the folks when you know the most of most of this money is all going to be going to to bail out the large companies this is what's crazy and people most people don't understand that I mean it just it's but what this does this flag is virus is masking another massive two thousand eight hello exactly what happened two thousand eight member the project all this money two thousand eight how they mask it will be used for humanitarian reasons a two thousand eight right claimed he was going to set aside to R. fifty billion for harp in Hampton hope program so people their homes it won't go into bankruptcy they never did that they have the programs up a number of very few people get thrown where do all that money go with the Christmas bonuses for the banks so just like now five hundred billion right they're gonna direct checks to families across the country people get net now thousand two three four thousand dollars as traffic glad but remember you're not getting that for free your kids your grandkids you could be paying for that you're gonna be paying for two you guys had a hundred fifty billion to the hospitals all the other money's gonna go right back to balance out the the the the terrible companies not why did they do that why do they do it why do they bill out the failures because the very wealthy who control the federal reserve controls of money because the interest rates that's where their money is that's where their stock is so it's much easier for them to bail out the companies they have stock ownership with because it's not their money the spelling that out is your mind my money is our money Joe is much easier to the very very wealthy who these these companies that they're going to bail out they have a large amount of stock in that company so it's easier for them to bail it out to push those stocks out there to take that money what they should do an investor in small start up businesses but that's going to take too long think about small start businesses is the backbone of our country the middle class is the backbone of our country they don't care this is where it should go if you're going to small businesses that's where his seventy two percent of our jobs get high paying jobs for small businesses not from the nat flexion in caterpillar Inc and Johnson Johnson that's not where we get our our our jobs from the small businesses in your community that's we get the job trump that's where the money should be going don't bail out the banks in two thousand eight we said why you built up the bank's bush while his family was involved in the banking that's why they're involved with Blackstone which has a lot of interest in banks stop that but it's all politically infected that's just the problem so now what you're going to do is the same thing they did in two thousand eight but you know what this is good for us for the gag disease what we've been doing we've been doing terrific what our goal and how many times a join a gang it's free it's free it's free for ten days get my membership be get my color coded charts for ten days at two o'clock in the afternoon we post our portfolio we tell you exactly what to do on a video interview how can you this is a video for god's sake if you just how many videos of your file I know I thought videos home improvement ideas exercise videos everybody does that but you follow the instructions right to cheat but for some reason you put out how to buy gold or I put the gold stocks on how to bite when the bite with a cell in a run like hell and better want to short when it goes down when it goes down how short it make money thank you but but but they go off on their own because they start listening to the fake businesses that work they listen to Barney who just admitted you have a Dave already lost fifty six percent listen he's a genius she's getting paid up to one of these two and a half million dollars year to be aligned.
"caterpillar inc." Discussed on Bloomberg Radio New York
"U. if you look at markets they look incredibly calm today at least equities in particular oil taking up a bit I'm sort of surprised though because we saw some pretty significant disappointments table simplex asset who's joining us here in our interactive brokers studios improvement for example caterpillar caterpillar which is often thought of as a bellwether for the economy a really see significant disappointment in terms of cutting forecasts and yet the shares really aren't down all that much not at all in fact they've been fluctuating between gains and losses that goes to show you that even with the numbers out you know when you had that third quarter earnings that of foul for the first time in about three years at a caterpillar Inc it's not like a really kind of changes the equation if you're looking for you know or real move I mean what's happening with the chip makers is is notable Texas Instruments down a seven and a half percent AS declined S. and P. five hundred take a lot of other companies with it analog devices microchip technology Broadcom all lower on the other hand I mean you got following up three and a half percent you know even though what if you look at their earnings you wonder why I mean they were well below analysts average estimate for the third quarter the someone's we server here Bloomberg against his confidence that the seven thirty seven Max is going to get back into service Boeing still expecting that to happen this year and they're playing a ratchet up production of the planes by thirty six percent next year I mean that's a number that gets your attention I mean given what we've seen this year in terms of the facts of you know those two fatal crashes on on Boeing's results and there are plenty of other examples you can point to I mean on a day when the a pest control company has the biggest gain the S. and P. five hundred Rollins after their earnings came out it just because it's a price they spoke about mark get ready for all the global for Congress and Facebook shares are higher they're now up forty percent this year yeah it's interesting I think the pressure is really going to be on mark Zuckerberg here to kind of you know fend off what is seems to be a growing regulatory threat from again that the US Congress vote regular this growing talk is actually growing thread of true regulation actually you know what this is important to to to really bring in let's forget Ben Elliot he's so intelligence financial policy analyst you know we're sitting here is sort of pontificating whether there actually is any political push back or sense of real regulation coming down the pike for Facebook do you buy that Ben I think it's important to note that leave road is just an idea and it's not a product it doesn't exist yet makes up none of Facebook's revenue today into the way the financial regulatory system is set up is it's designed to regulate financial services companies as they exist so the idea that say the federal reserve for the SEC or any of the other French regulars can kind of jumping preemptively to stop this is is sort of far fetched and in my mind so kind of the biggest threat is can Congress created new law that bans the invention of stable coins and I think that that's a big ask a pretty difficult to do so then what do you think really the the goal is for I guess Facebook here with lever today I think you think they're really gonna move ahead aggressively with this services kind of testing the waters a little uncertain right now you know I would think that that it it well I would say it was uncertain a few months ago but they seem to have really committed full bore to this effort of any potential the the U. commerce market is about one point four trillion dollars and growing so they can get a little slice of that that's a that's a pretty big add to revenue but kind of the beer potential is that Facebook manages the reserve fund which is sort of they would take in deposits from people earn them into into libra and hold U. S. dollars another sort of heightened very safe government securities in a reserve fund and I would earn interesting common so Facebook would retain most of the net interest income for managing the reserve fund so in that alone could add tens of billions of dollars in their annual revenue devil said nobody cares at least when it comes to stock investors right I wouldn't say nobody cares but there were so many things that are kind of down the line for Facebook and mean you think about well what are they going to do with what sap for the going to do with Instagram I mean you know pretty popular sites that they own you know trying to generate more revenue from them and certainly you know crypto currency is another potential angle for them yeah but for now I mean they're doing well enough with their business as it is that you know you got a stock that's really taken off but it wasn't you know I love your sense of how realistic the market view some of these regulatory threats as I mean right now it seems like every time there's a regulatory kind of headline people kind of shrug no like men it's not gonna happen I mean I am I wrong about that well talk is one thing action is another and it's been quite awhile before you know since we last saw government kind of step in and and try and regulate you especially technology company I mean you think about the Microsoft you think about you knew going way back in Netscape in their browser and all the issues a kind of came out of that but that's you know and a lot of that came out of Europe rather than the US so maybe that's it as much as anything that if you look at technology regulation in particular it's been more European phenomenon over the past several years so Ben Elliot what do you want to see from mark Zuckerberg today see as relates to leverage he sits in front of Congress is there is there you'll get more color on what lever is what do you think will be a success for mark Zuckerberg today yeah I'd love to get more color and what the actual product offering is but I think kind of the biggest goal for markets to sort of offset some of these concerns are coming from treasury in particular sort of the the biggest threats to leave or are these kind of preemptive treasury FAQ fin send threats right to treasury overseas money laundering and countering the financing of terrorism the I'd stay so we've faced looking kind of prove to radio and Ted to Congress and regulators are in the at least reassure them that they'll have really strong AML CFT programs in place before they launch lever I think you could do a lot to clear the runway for Facebook so then one of the issues and for Facebook investors is been why get into this business when it's such a highly regulated business and don't you have enough problems with regulators looking at your social media platform business what do you think the regulatory head winds will be for Facebook here to try to get into the crypt of business yes it's interesting Sir crypto dental services it is obviously much more regulated than for Facebook traditional business but the way Facebook is designing this they would run to a subsidiary called cleaver which would be a sort of a separate legal entity and will be regulated primarily in Switzerland where kind of the reserve fund in the association is based on third with it sort of takes some of the heat off Facebook itself kind of exhaustion that regulatory overhang and it makes a little bit easier for the company to move forward so right now I'm just wondering gave us whether you're seeing is the pressure of potential regulation more broadly on some of these social media big tech companies whether people say that that is actually pressuring the share prices lower or whether at this point it still hasn't really been price did welcome probably more the latter mean you look at how the shares of don I mean it's not just Facebook Twitter is up thirty six percent and change this year you look at snap the onerous Snapchat which you know that just came out with results yesterday and you know they're being fairly well received at least named snaps more than double this year so you know you look at these companies and it's not like people are anticipating action anytime soon that's gonna you're really hurt their performance because I mean you think about it what is the issue for these companies is their ability to reach an audience and then to be able to sell it stuff in a sense of advertising generally right so as long as that business Scott holds up in the midst of all this regulatory back and forth then you still got something that is going to appeal to investors here just looking at that one of our favorite securities bit coin trading down a pretty big today I'm looking to at the chart it you can hit a high and I guess kinda late June early July of over twelve thousand now it's down to about seventy five hundred so big move down so Ben I'm just wondering in you know given that you're down in DC you really take a look at this policy side of all things financial services what is your sense about the support with in Congress to develop crypto currency support crypto currencies you know whether the Facebook labor or something else to the support is pretty minimal comes from mostly GOP congressman and sort of some of the newer kind of less influential members of Congress and I I think there's a pretty big concern that these sort of financial innovations really do sort of strike at the core of what is the government's job in the economy which is to to provide a currency into control monetary policy in a way that that stimulates growth and reduces unemployment though I think people look at this is thinking Facebook is really kind of getting over at skibowl baton stepping in into the government plan and I I think that's pretty threatening to them well and honestly this is a great excuse for the government to haul park circle Bergen front of Congress and ask them what's the questions I have a sense that this is not gonna be isolate it's just only private this is going to be about privacy this is going to be about action Alexis and this is going to be about you know Lizabeth war and and some of her recent out postings and an advertising to show some potential flaws from her point of view so it'll be interesting going forward Dave also now before we let you go and we will let you go I just would love to get your sense of anything else that we should be watching in markets today as we do I prepare to take Marcus October's testimony well let's see I mean if you just want to know in a couple of stocks here me ill I will he's taken a real hit it's down five and a half percent in the wake of their results and and reason that's interesting in part is that you you saw Lilly shares no pop up a bit yesterday on some favorable drug results so you know that's one piece and then if you wanna look at the industrial con a con a meal to companies to kind of stand.
"caterpillar inc." Discussed on WGN Radio
"The right Sir rose sights are set on the upper deck the white Sox and Phillies is what I'm trying to say Saturday at six on WGN TV now the WGN associate having market desk numbers says couple of stocks of local interest after the news on China yesterday a couple of Illinois stocks down sharply Boeing corporation Boeing company off nearly two percent to nearly seven dollars a share at three thirty four twenty nine and caterpillar Inc corporate off nearly four percent at one twenty six seventy nine this is the opening bell on seven twenty WGN from ABC news Wall Street now stocks slumped on Thursday and bond prices spiked after president trump surprise the markets with a new ten percent terror of a three hundred billion dollars worth of Chinese goods beginning next month the news a race to a broad rally on Wall Street leading to the markets fourth straight loss the Dow Jones industrial average finished the day two hundred eighty one points lower at twenty six five eighty three the standard poor's five hundred gave up twenty seven points to close at twenty nine fifty three the nasdaq composite ended the session off by sixty four points more people are signing up with Verizon wireless the company added two hundred forty five thousand subscribers in the last quarter but net income fell slightly compared with last year to just under four billion dollars meanwhile the state of Texas is joining more than a dozen other states in suing to stop team mobiles twenty six billion dollar takeover of rival sprint the suit argues that the deal would reduce competition and is bad for consumers Jim Ryan ABC news.
"caterpillar inc." Discussed on 860AM The Answer
"Because the stock market goes up it does not meet the stock market is healthy the stock market is doing well not at all listen to this Hey in regards to the stock market is artificially inflated buy cheap money that the fed is printing out and giving to banks for instance there's was alone that money out to small businesses but they haven't done that they just use that to buy their own stocks that's right so thanks leave the market so what I do they print my this is called Q. week so they print money give it to the banks because when banks have to go out first before stocks go up when banks Stosch go up then the big investors will start buying other stocks they always follow so they print money given to the banks and the banks are going up so all these gibber jabber to turn us all look at this wild markets healthy no it's not it's going up because it's artificial which stock buybacks so again do we stay out of the market of course not they've been pushing this market for the last few weeks where is it I'm not just say Hey I found god and and they're cheating so I missed out on the market when when everybody was running towards a market we want your goal and we're up to sixty percent in gold stocks now we went up as they're trying to push the market up now this all artificial it's all artificial the market's not doing well the economy is not doing well analysts artesian come July fifteenth when they do Ernie together they're going to be horrible so we're up fifteen percent in the semi conductors the first thing I told my gang as it let's go buy gold nobody wants school will be their first then I said let's go by semi conductors they've been getting shin water because the trade deal with China so let's go and will start buying them when we start seeing institutional money come in when we saw institutional money coming in and envy to color coded chart and identifies with money's coming in we bought we started by micron technology when we saw institutional money coming in fifteen percent were up we bought it June twenty six we bought Texas instrument is up six percent these are two wonderful and then we own Intel Intel were up seven percent what is wrong with that is she hears the key you haven't got a worry is a member of also the market's going to collapse we'll have you out of the market and we'll have you position so the market goes down you're making money no more are you said you get out your four one K. you're not gonna get out your phone K. you never will your spoiler that you just don't know what to do this is just to subsidize that the show eating at least make some sense I mean think all the box a little but let's let's go back to to what she said so she says after he comes out and he says that's right so it's kind of interesting right now overall with this market it's it's in this is going to be as it stands now this could be one of the best teams in history overall but it's not not explain why but let's go back to what she says set three says that he says Jesus what is interesting right now is investors are more bearish right now then the war back in two thousand nine yet the stock market is doing really well and because the stock market is doing really well the sheer are pulling their money out of the stock market under pouring the money into a bunch because they're terrified by the economy she was she's in what is interesting right now investors are more bearish right now on the stock market there one two thousand I was Quinn was crashing this he says yet the stock market's doing very well and because the stock market is doing show well really well this year people are pulling their money out of the stock market and they're looking for safety and buying bonds isn't that amazing what she's saying is she just all face lying and then and pays let that happen he doesn't jump as we talking about what is going on he says sad is the market is not going up because of investment money coming in there's no investment money coming in the people who sold their stock short in October fifth to December twenty fourth they're buying back now those same stock to collect their profits from January one up to June show it at the same time there's all kinds of stock buybacks banks or buying your own stocks back apple just bought a whole bunch of their own stocks back to push the market up but just because the market is going up that doesn't mean that the markets healthy we make money on it going up because we'll know when to get out that's what you need you need to know when to get out you always get in exactly the wrong time you always get exactly at the top because these people your managers know people your phone case they don't care about you it's all about keeping you in the market so they make money they got to say anything to keep you in the market and they have their lap dogs on these TV shows to help you stay in the market but tell you everything is great the market's doing great well it is doing great let's ask you this if don hills not only are they going down they've inverted they will tell you that is telling you there's a bad message out there the corporate earnings are getting hammered analysts because you're getting hammer so much are already taken and then they're dropping their for cash their Dick their earnings are going to be there already forecasting earnings decline for the first three quarters two thousand nineteen in fact the three quarters going back to two thousand eighteen and a two quart first two quarters in two thousand nineteen our growth is just one percent member there oxide about three point one even adding that is we're only one percent to our growth there's no confidence in our economic growth and there's no confidence in earnings how do you find that out there's no confidence you look at the bond market they're not going to tell you that does it mean to you get up no because if they come in do stock buybacks and pushes stocks up we want to be there by no stocks how do we know because the chart the I. design follows the money flow and if you're a gang member at two o'clock in the afternoon you just go to our portfolio whatever stock you selected for our per folio and push the button to gives you all the instructions that you need let's go to for example today she was talking about caterpillar Inc Goldman Sachs looking at caterpillar you can see how it moved up were still green but we're not going to add today and the reason we're not adding is because our prices down here at the bottom Goldman Sachs no Goldman jumped up on Friday him made another new high achievers and pulled right back down to the bottom so I don't want to change that until we get a new high which means it has to get up here go around two and twenty it's like having a map in front of you if you can't make money with that I don't know what you can make money when you can't think about it he's sitting there our team gets together during the day we should don analyze our portfolio and then we take each one of the stocks and we put it on a color coded chart which identifies money coming in and money coming out and look at even though the market shops the internals are terrible if they're buying their own stock back and we spotted in it and institutions are by no stocks world by it will make money like right now route fifty percent micron technology but it you should they're telling you exactly what to do every step of the way you are you hear from your broker every day at two o'clock does he tell you that he Joe we're going to add we're going to hold the takes of shares off we're going to run like hell or I'm setting us up we'll take our profit was set up ourselves for to buy gold and then we'll start shorting a stock nobody does that for you for thirty nine ninety five what are you nuts and but these people are telling you but wait a minute what's interesting investors are more bearish right now they were two thousand nine but that's good she says that's wonderful the market so good she says people are pull their money out of the stock market join my gang right now help yourself help.
"caterpillar inc." Discussed on WGN Radio
"Barbecue dose get to call deck tech deck tech cleans seals and protects your dank restoring it to its natural beauty in fat deck tech has been helping chicago winston joy everything from mother's day to labor day and everything in between for over twenty five years for free estimate call eight hundred nine five six deck that's eight hundred nine five six e c k or visit restore your deck dot com and for a limited time receive a ten percent discount when you mentioned this one eight hundred nine five six eight k. call deck tech all over the great city of chicago you see them the next captain of industry and artist the doctor who will change the world of medicine as we know it chicago's children are all around us they're making their way doing the important work of learning expanding their minds and taking the human experience farther than we ever dreamed that's what teacher in the library is all about the safe nurturing environment at every chicago public library for kids get after school homework help and free computer access but we need your help This incredible program is completely funded by generous, people like you. Because the next generation is here. And they're in. Teacher in the library. Brought to you by the Chicago public library foundation, donate today at CPL foundation dot. misericordia is a community of care for more than six hundred children and adults with developmental disabilities located on a beautiful thirty one acre campus in chicago misery cordia residents thrive in work opportunities in its bakery packaging coffee and art departments and onsite greenhouse in restaurant these opportunities are also available to volunteers like you who are the strength of misericordia you can help by volunteering or donating just visit misericordia dot org make sunday's here official night to tour the city watch cogos best at ten pm and then stick around for the latest in shopping entertainments and events on c. chicago at ten thirty on w._g._n. tv on the w._g._n. associated bank market desk a couple of stocks of local interests this morning caterpillar inc. up nearly a quarter of a percent at one thirty five fifty and grub hub down nearly three-quarters at seventy six seventeen this is the opening bell on seven twenty w._g._n. from a._b._c. news wall street now president trump attending the g. twenty summit in japan is tweeting about the stock market this morning in his words the big stock market increase must be credited to me trump is set to meet with china's president before the summit wraps up and investors are hoping for some sort of breakthrough in the trade war between the u._s. and china nike shares slipped late thursday after the company missed profit expectations for the fourth quarter sales in both the u._s. n. china were up but profits dropped due to spending on new technology and the impact of a new tax rate amazon has come up with a new way to get you your packages program called counter it lets amazon shoppers pick up deliveries at local retailers.
"caterpillar inc." Discussed on Valiant Woman Podcast
"So we may come up with what we believe, is our life plan. But believe me, I've had plenty of twists and turns, and your ability to step back and go, okay, this door may have closed, but there's another. Door that's opened. And how do I redirect, my energies? How do I take advantage of an opportunity that may came come up to do something? Maybe a little bit different than what I planned, you know, it's amazing, though, when you can want Cav your plans, but then the able to adjust them, what opportunities may come up. And for me, I went back on my career before gone sideways on Simon's, but those learning experiences all came together to give me the opportunity to do what I'm doing now. It gave me that good foundation in that base. But if I went back to my graduating from college self, I would have never guessed, the, you know, where my path would have gone, and some of those twists and turns, and I think I probably would have not been as open to some of the change, and I'm going to say, that's probably number two after the planning and go plant, you know. Putting your goals down in writing and planning is being able to change in today's environment. The pace of change is tremendous and the employees who do well are able to recognize that change coming able to go through all of the different stages of the Nile anger and to get on board and move forward with the organization or whatever's happened. So I'm going to say, that's probably number three's, make sure you don't get set in your ways, but are open to be able to make whatever adjustments you need either in technology and the work environment even who you're reporting to because that's really important. Yet that definitely true. I find that so many people are so resistant to change as you're saying. And also, they have that all or nothing mentality. And when you have the all or nothing mentality, and you're not being flexible with way, you know, the way that your, your life shifts in certain areas of your life, you tend to move backwards, or, or stay stagnant in your life versus Flores, because you're too much it's black or white, and, and you gotta be flexible definitely so very good. How do you define success? Success is different for everyone. I'm going to start out the app way earlier when my children were younger success was being able to raise them give the things that they needed be able to send them to college right now. Success for me in my job is training, the next generation, so making sure that I'm being able to develop the leaders of the future, making sure that I'm giving back to the community, making sure that I'm getting time to the family. So to me success has changed over the career. Oh, I'm sure I'm sure. And, you know, for everybody, like you said, it's, it's different, you know, and each individual out there needs to be able to define what victory looks like to them, you know, because it's different for everybody. So what do you believe a woman needs to? Succeed today or like what personal qualities or characteristics. Phil led to your success, if you could say like the top three. Okay. So what woman needs to succeed today? One, I think is going to be confidence in themselves either confidence in what they're doing or the ability to pick up and learn the risk taking, I think needs to be there. And also the ability to speak up soon, limited time, the, the women are overlooked because they will sit back and not give their opinions. And so they're not recognized as that leader that thought leader, and I think if you combine those three things, and you can do anything in the world that you set your mind to, you really can I so agree with you there. And I think those three I would have to agree with to you need to have confidence in yourself. And you need to be able to. To step into the unknown to be a risk taker and the -bility to speak up. Especially for me I feel like in corporate world is a must if you want to get ahead. You know, and so many women won't so that is really good advice. Are there any areas that your life you feel are more successful than others? Sure, I I'm getting better on this, but I'm going to start out with work life balance. I don't know if it ever exists in, in reality. But I've had times of my life where I was so focused on the work that I sometimes let my personal my family life, my religious life slide. And so as I've gotten a little bit older. I've found ways to again like I said earlier concentrate on where I am and what I'm doing and try to get some of that balancing now that doesn't mean that there are times where I'm on the go, and I get out of balance, but I able to recognize that better now and understand that I also have to take care of myself, my family, if I'm going to be affected at work. Yes, I totally agree with you. It's so easy to just put all over focus in one area. And we do that, then other areas are going to, to lag. Right. And but yet being able to be re being aware of that, and resilient to ensure that you found spac or is all very important. Who were what inspires you to chief was, would you say it was your mom? My mom was the first one I I'm going to say, I'm so proud of what she did when we were growing up, and how much time and effort, she put into not only the school, the PTA. She was a class mother. She had six kids in total, but she she gave us all some tension. She knew what our needs were. So I I'll start with her, and I'm going to say another one who is still with Caterpillar. Right now is a group president, Billy Ainsworth. I'm going to say that because. As I lost both of my parents within a six month timeframe, and it happened right after I started with progress rail, and what inspired me was billions worth when I went and told him on. You know, I lost my father and my mother was not doing well, he allowed me to go work out of her house to spend, you know, those last eight weeks with her and still doing work, you know she took naps and, and other things. But still working. Spending that time with her told me that he was a great leader because he knew how important that was. And after that time I was devoted he could ask me to go through a brick wall. And I would try to go through that brick wall. Right. So I try to make sure I'm doing that. Same with my and same thing with my employees. We all have things that come up and help us shoes, and parents are something that you have to take care of even children, and I try to make sure that I'm lenient with my employees. So loud them to go to that. And I know that they're going to get the work done, and they're going to be, you know, even more dedicated in the future for being able to have that time. I, I think that it's great sounds like Billy is a great leader and has a servant heart and it is very empathetic, and you 'cause you can had a supervisor that were, you know, that would not care. You know what a said, you still need to be here, and that that's amazing. That is awesome. And then now you're paying it forward. And you've got the servant leader in heart and us so that that's great. So in what ways do you refresh? Or do you have felt care strategy? What does your day look like in regards to self care? So I do try at least, you know, four or five days a week to get some exercise in, and I'm going to recommend that to everyone out there. You get dressed in your daily life. And if you can disconnect, and you know, listen to music, while you're either outside walking or hiking and believe me Tucson, Arizona's beautiful for that ongoing now or a writing a bike Unietd that time to recharge and to allow yourself to get a little bit of relaxation in, and I'm also going to say that, sometimes guess what my house is not perfect. You know, I I remember early in my career. I thought you know, my house had to be perfect nothing out of place. The children had to be perfect work had to be perfect. And I think as you get older, you realize that, you know what about much is perfect in life. And it's okay to let a few things lie on the table or in the. House, even if you have people coming over. So I'm going to say that's number two. I I'm not as hard on myself as I used to be, and I think people can still come over and relax and have a good time even though I don't have a perfectly clean house. Yeah. And I used to be like that, too. I like oh my goodness, I would stress out I had I have four kids, and when they were younger, my house was a meth always, because I was working fulltime, and I'd be like my husband's an entertainer. He likes that people over and cook outs. And I've been to be stressed out because like, you know, oh, it's not perfect. And, and knife kind of agree with you kind of a I'm more laid back now where they don't like it. They don't have to go. So you're in Tucson and I was looking at because I'll be in Tucson next month and I was looking at the calendar or not the calendar. I'm sorry. The weather and it looks like it's like the hottest month of the year per Tucson is like over one hundred zero degrees. I'm like, oh, no hiking for me because I when I go, I like to hike the Camelback one time, and I thought, oh, maybe he'll stay an extra day in hike, a mountain, like no, I don't think so. Not if it's going to be that hot too few get June, July and August. You get heat and you get rain, but Russia, the year it's beautiful. Okay. So do you have a spiritual life? Or what impact does that have on your success? I do. And, you know, I think that having the spiritual life really leads into the servant leadership that you brought up earlier. Billy was a strong proponent of that I am also talked to my teams about that. But when you look at being able to lay things down, look at being able to say okay, everything's not in my control. You know, just tell me what I need to do or where I need to go that applies in the business, too, and as you become a leader, people expect you to have all the answers, and you know what, what I take back to my team is I've had more experiences, I can make calls, but I prefer us to sit down and work through this. So let's talk about. What's important, and where we need to go in them make decisions. But I think that does come from being able to just say, everything's not in my control and being okay with that, and being able to go back and go either in prayer or you know, just go to others within the church and be able to open up to them and have those type of discussions. That's really good. Yes, it's intense. We need to let go of being in the driver seat. Now. We can't control everything to. So what have you learned that would help women live to their fullest potential? Dick broad question. Isn't it? It is it is. And it's different by person, but I'm going to say if you have something that you are passionate about don't give up on that. If you have people telling you, you can't do it, the only person who can decide if you can or can't do something your yourself and I'm going to say, even if it means taking a risk, I've changed companies and industries, and thought my career was over in his comeback. It's, it's having that confidence to go do what you love and figure out a way to make it successful. Now it may mean that you have to at the same time while you're getting up to speed do a job. Maybe that just pays the Bill or as the insurance. But I just really encourage you to find that passion. Make sure that you go after it and put everything you've got into it to make it successful. And don't be afraid to take those chances and to move on. All very, very good. So any last words of wisdom for the listeners on how to truly flourish in life. Well, I I'm going to say I can probably give myself the same by so police me, I've got a lot to learn yet, but it is about making sure that you enjoy where you are..
"caterpillar inc." Discussed on Valiant Woman Podcast
"I can't even imagine that I have one hundred. That's wow. She has held various leadership roles such as the chief technology officer, vice president of innovation and technology division as well. Leadership roles such as senior vice president and chief operating officer in caterpillars, progress, rail's envision a wholly owned subsidiary of Caterpillar, Inc with full penal responsibility of approximately nine hundred and fifty. Prior to joining progress rail. She worked in a variety of manufacturing in engineering positions in fourteen years at Parker Hannifin corporation early on gene, developed a strong, work ethic, beginning her career in spending nine years as an intelligence officer in the US army reserves, she earned a bachelor's degree in electrical and computer engineering from the university of Cincinnati and a master's degree in engineering management, from the university of Dayton, gene, berm Lee believes in giving back. She is a Caterpillar, armed forces support network executive sponsor and corporate military mentor American corporate partners. She judges, first robotics competitions and participates in introduced girl. Engineering day and introduce a girl to mining day giving guidance to young adults pursuing engineering and technical fields. She's on the United way of Tucson board of directors son quarter board of directors university of Arizona at. Visory board entrance fee resources Inc. For directors, gene is a member of the society of women. Engineers, the league of railway industry, women and the national coal transportation association while she's a chief many accomplishments, Gina's, most proud of her two sons and their families. She enjoys time outdoors, traveling and reading, gene, you have such an impressive background. You truly are victorious and valiant woman, I am amazed at your accomplishments were new sale of that. Boy, it's hard to believe done all of that, or I'm still doing some of that. So well, thank you for that. Great introduction. You are so welcome and thank you for being here. So we chatted before on this topic account, so many women fear, hold them back, from realizing their true potential, and how it is so critical to take the leap of faith into the unknown and embraced change. Because as we both know. So you have to get uncomfortable to grow. So for all the listeners out there who won accomplish great things. Tell us more about your journey of being, you know, a valiant woman and going from being that that girl in junior high that I heard you tell to becoming confident and successful career woman that you are today. Okay, chrissie. Well, I'm going to start out with saying a lot of this is about being blessed being at the right place at the right time and having those opportunities, but you hit on a very well when you talk about putting yourself out there and being able to take some risk because without taking risks you're not gonna take the greater opportunities. You're not going to stretch yourself to learn other parts of businesses other things that are going on in the world. And from those experiences, you can combine all of those to see the path to something new. And as you look at this. Boy, I remember growing up. I was number five of six children. My dad was a welder my mom stayed at home, but they always encouraged us to get out and do things. And to learn my mother was president of the PTA when I was in grade school. And she always told me I could do things when others were maybe saying, I couldn't or those weren't the right fields. So I'm going to start out with saying my family from the work ethic. They taught me to the encouragement really set the foundation for me to be willing to step out there and do some things. I was also fortunate enough that, you know, my parents couldn't afford to send me to college, and I either was going to go into debt or I joined the military at the time Ohio national guard with pay one hundred percent tuition, and I'm glad I really did that because even though. Oh, I've never touched a weapon, I'd never jumped out airplanes. I'd never done a lot of things that happened to me while I was in the military. It gave me confidence as I got there, and I saw that I could stand on my own, and I could get some things done. And I also learned how important at teamwork was, and that the team could be successful where individual Quinton. So I'm going to say you know starting out early a week out of high school. I got to get some independence and some confidence in myself that only grew as I went out there and to the real world, and either college or the work world and then had to perform or had to take some risks and take on some new experiences or learn some new areas. So I don't know if that's what you're looking for Christie. But that that's a little bit about my upbringing. Oh, yes. Most definitely in. You know, you've jumped out of planes. You know, he think that sounds crazy, but it is the best adrenaline, rush, you'll ever fill in the world. So I've repelled I've whitewater raft. I'm scuba dice certified but nothing ever came close to Japan that airplane. So just a click story, I, I've done the whitewater rafting. I'm an adrenalin junky. So, I was like, okay, I'm gonna go jump out of a plane. And you know, I'll tell you, it's an emotional roller coaster, when you sign up and you're I had to drive three hours. I get there I go through the training. And, you know, they have you put armor app and go out there, and I get out there and then the cancelled because of the wind and I have not done it. But I still have it on my bucket list. How amazing that is. I cannot wait to do that. That's that's awesome. So you you've done a lot of very. A very where, you know, a lot of people wouldn't do you know? So that, that's awesome. We very gold. I think I've seen a picture one time on linked in of you. I think it was for Caterpillar, where you were holding the like the women's initiative. I think it's was where you're holding a sign, and it says, bold, and then definitely describes either your very bold awesome. So what are some challenges you face along the way? And how did you ever come those challenges? Well, when you look back at the challenges, I like to think of them as -tunities, but in any time, you're starting to career you have Celt self-doubt you don't know if you can learn, you don't know if you can do the job. And I think all of us male or female have those, and it's how you react to those. I think that's important for me. The challenge of not knowing was an opportunity to go, learn, and I am a learner, if if you look at my profile, that's my number one or top thing I love to do, so I took advantage of going out and meeting, people that were already doing these this job or similar jobs in the business and talking to them and learning from them. And what I found was the more I ask and listened, the more. They were willing to share in the more they invested in trying to make sure that I did know everything I needed to be successful. Or when I. Did they were someone I could go back to and ask for their advice and see if they experienced anything along the way? So that's one area that I think was important. Another one is I got bolder as my career went on or I got more risk taking. But in the beginning, I was also a little bit shy about putting my name out there. And I love at times females. If they see a job breakfast in all the requirements if they don't have one hundred percent of those requirements. They won't put in. Found with talking with my male counterparts if they had half of those requirements, they put in and said, hey, I know I can learn this. I know I can get the job done. So I took a lesson from them on saying one I have to have trust in my capabilities trust. In the people will invest and helped me succeed, and just go for some of those opportunities or. No, those new experiences. Get. Yeah. That that's really good. You know, and that's the thing self-doubt hosts hold so many people back from what they can truly do in life, and who they can truly be and fear, also is paralyzed people and I just I encourage the listeners to just really embrace fear, you know, and embrace getting uncomfortable. And, you know, you talk that loving the learn and I, I love to learn also I'm in the process of writing another book, called, well, the title still in the works, but it's becoming a valiant woman moving from a, a victim mindset to Victor mindset. And the victim has more on the fixed, you know, and the and the bickers more on the growth and in order to grow. You have to learn you have to be uncomfortable. You have to take a step, you know, faith out there and just experienced things and I love how you. Would you know I love how you said that you huge challenges as opportunities that is critical that is that is a great mindset, like shipped for sure? Instead of looking at challenges Ono. I don't want it to know, you know, and then stepping back step forward in that challenge embraces an opportunity to learn to grow. Right. Absolutely. And, you know, anyone who played sports knows that you don't bat one hundred percents or a two, you don't get up there and hit the ball, all the park all the time. So what it teaches you is you can learn from experiences, even if they're not overall what you call a win and believe me all of us have had things that happened in our career where we not one or we maybe didn't do the job. We wanted to do when we set out, and I think that more and more of us should be sharing that as. We talk with other women. So they know that you may have a failure sometime in your career, but you get yourself, it's how you react to that. How you learn from that and how you move on. And then, you know that it's possible to succeed even if you've had some failures hit that the mayor fat, and as a matter of fact, fell forward. It's okay to fail is long as you learn from it be resilient bounced back up and move forward March, poured right? I love the play March forward. Absolutely. Yes. That is that is great advice. I'm what habits do you, cultivate that help you stay focused on your goals? Or are there practical applicable things you do to succeed? While I'm gonna tell we'll the bit about myself here right now. So I am an engineer. So I'm fairly organized. I like to plan I do know plants chain. So I'm flexible in that way. But I keep a list of my top priorities. I make sure that I review those if I'm allowing myself to stray too far from those I bring myself back and say, okay, how do I reorganized to make sure I'm spending my time on the areas that are most important, and that's not just from work standpoint. That's from a life standpoint. You know, I'm fortunate enough to have two grandchildren now and they had me wrapped around their little fingers. I love them the death and when I can spend time. Them. I disconnect from the work and I devote my time to them just because I love watching them. Learn I love spending time with them. And you know, as when my children were younger, I didn't have quite as much time that I could spend with them. I wasn't at the same place in my career. So it just it helps you find balance. And it helps you make sure that when you're spending, your time doing something that you're there in that moment and metier, concentrating on what has to get done. Yes. That's very good advice. I feel that people can easily get distracted from knowing whether it's work noise or financial stress or relational stress or whatever it may be. So it's really good to like you said, keep a list, I, I write down, my top priorities to the plan the night before, of what's going to happen, the day of the next day, and the. Right down goals. You know, I coached, a lot of women, and what I found is that many of them have never written down a goal. I just I find that crazy not to, you know, and, and so if I could encourage anybody that's listening, the first thing I would do is start writing down goals right down vision, you know. And, and I think that's great. I think that, that his key is to make sure that you keep that list of priorities in front of you because you can so easily, especially somebody is busy is. You could get distracted, right? Pulled into many different directions. You can, so making those plans writing those goals down and then also realizing that you can't be strict..
"caterpillar inc." Discussed on Coffee Podcast by Cat & Cloud
"Corporate world. You've probably been around some cold cats. Have you seen stuff like this before? Man. I mean most of the people that I saw were actually probably doing things for real economic reasons. Ray I mean, a lot of the finance or Wall Street stuff is kind of really tied to how this is gonna affect you economically, and that's where I sure like any, like finance or Wall Street person who was looking at that look at this would look at it just like you are, and being like look like the time and effort that you're spending here, like is not going to generate a return for you. So it's like so even if even if you wanted to the numbers would tell you that this is the wrong. Yeah. Anyone that would look at a number is, let's say you're just wasting your time you could make more money somewhere else doing literally anything else anything else. Like, how do that take this money and yeah. And use it. I I some good that like Caterpillar is trying to do in the world. I wonder if there's some into the month type stuff. You know, people say by a car on the end of the month, because the salesperson has a quota or you're going to get pulled over at the end of the month by the cops because they need a certain tickets. Whatever all these urban legends are, if their lawyers have a quota we need to get fifteen losses Dylan in the next month. I don't know. Somebody out there is work to the law firm like that. Let us know because it's again. Yeah, it's, it's too bad that again, real people are just reduced to like, like you said, like, just. In human names on illegal document because again. Yes. Just gross. And I look at Caterpillar and obviously the generate of revenue, but the Clement they manufacturer makes me think of working class. Yeah, it makes me think of people who work hard to earn a living in the association that I would probably have is, you know, some sort of champion for the people. This is showing them to not be that at all. It's the exact opposite. Yeah. They're like looking to wreck the dreams of the like working class, people who are trying to make something for their families, and for, you know, their employees, and the neighborhoods that were in, like, yeah. And it makes me think the stuff that they manufacturer is not to help, people build and create great things. It's just to line, their pockets, and that sucks. Yeah. And yeah. And they're. Selling their like selling these products? And then taking that money and using it to sue people that have nothing to do with their actual line of business and it. Yeah, because I mean, hey, I'm sure you don't if there was a company, making really cheap industrial equipment and their name was, you know, millipedes Miller. You know, it's like cool. I totally understand why you. Sue them to stop them making like cheap reproductions of what you make or something. But just for them to sue us has no similar analogy or how it could be beneficial to them in any way. I mean, I think we're working through it in our own in our own special way. And it's been really stressful. Mostly for you, that, for me it's been emotionally annoying, but you're the one that's been physically doing all the word, right? So general counsel. You got a lawyer on staff. We've got Chuck does all the other. He can handle it. It'll be deal. Chuck, Chuck me Caterpillar? It's going to be true. If anybody wants to help the coolest thing that you can do is to just share this podcast where figuring out a good way to tell the story. Yeah. Mostly because we really feel a little bit powerless. And maybe the only power that we have is in people who feel like our allies, and that's everyone who's listening here. And I really don't wanna turn anything into some really gnarly shitty hate campaign. Yeah. You know, it'd be so easy. I'm disappointed for sure. I'm disappointed in Caterpillar. But I don't wanna come on the podcast like these guys pull foot canoe. Great people that work there, who, like just doing their who not not illegal side, but, like great peeler. They're like thinking, they're making equipment and like working to help farmers in exactly. So if if you know anybody can pass, this on, if you can share it, if you can drum up a little bit of noise. That's great. We love to make this all go away, obviously, without more and more and more money and time it obnoxious energy for something that's totally frivolous. So that's the special happy edition of cloud podcast. Share this one with your friends? Let me let me know what you think. Right. Right. In give us a shout out on social media. We appreciate your until they I mean, just like Chris, I really respect how a lot of your podcasts videos. Right. It's not all these like happy and fun like you share some of the difficult things you're going through. And I think we want to do that, you know as a company we've kind of done that from the beginning sharing. You know, some of the processes, we've gone through to start the company and challenges, we've had so. Yeah, I mean, this is just like real real thing, that's happening to us. And you know, we're gonna share it, and yeah, it's just there's just a shitty part of real life. We'll keep you updated. And the, the good news is Chuck gained a few pounds. I was looking to little thin. On the LB's now he's almost. I feel good. Yeah. Things are looking up. We'll do. Thanks for coming over and talking all his all right. So you guys later piece, I.
"caterpillar inc." Discussed on Coffee Podcast by Cat & Cloud
"Have fun with that. Yeah. That'd be a fun. That'd be a fun legal battle, which I wish would happen, not for targets sake. But I'm I'm like, pick on someone your own size. Yeah. And the fact that they're not leaves this whole idea of, like, who they're suing just makes it makes it feel that much more. Itchy to me. Yeah, it feels really gross because I'm sure someone who has no soul could look me dead in the eye and say cat in cloud. LLC is a threat to our brand. You guys are taking away some of our potential revenue because people are mistaken, there, wrongly taking what you're doing and confusing it with Dr do. Yeah. Well, I can't even talk him so mad. I'm so upset. I try to be well-spoken, and I'm the emotions are getting the best of me. Right. That people are going to cat and cloud coffee and thinking they're going to buy heavy machinery, or they're buying a cat, and clouds shirt. And they think they're buying a Caterpillar shirt, most of the merchandise that we produce is some derivative of the original drawing. Right. So it's generally a sketch of a cat, the animal and a cloud the thing that's in the sky, rains lightning in the whole the whole scenario. Yeah. No cat. No caterpillars in the year we haven't we've never put a Caterpillar on now. So what do you do when this happens? You said discovery let's dig into that a little bit more. You're sending me list of things that you need it. Did. A picture of every piece of merchandise that we've ever created. Yeah. And it's just a huge process. I mean we got the original notice of their intent to you to take us to court to cancel our trademark. We filed a response, you know, kind of saying this is ridiculous. They then come back with as part of like the discovery part of going to trial is kind of the evidence collecting time. And so they come back with, you know, a set of interrogatory, which are like, seventy you know, can be any number can be could be any number of questions. They come back with requests for documents and requests for financial numbers and requests for essentially, all the information related to any merchandise for selling, you know, we can. Then ask them for the same. You know. So that's kind of where we're still receiving their information on that front. And then they just essentially responded with further interrogatory admissions that they are looking for us to answer. So he kind of goes back and forth, including like there could be like, depositions where they interview people. Yeah. And it's, it's, it's all this collecting of information in anticipation of like a, a trial. Is there an end to the amount of information that they can request? No, no. Yeah. So it could go on for pretty much indefinitely. Yeah, that's interesting. So in cases like that whoever's got more money and time, basically gets to control the situation. Yeah. The most ever, I'm sure they have, you know, so many lawyers, and so much money that, you know, for them. It's not a big deal to fill it out, return it, but then they're they can turn around and just file a document that asks for a ton of information and questions and stuff for like, you know, small companies like us to have to dedicate a significant amount of time to answering, and yet pulling together all the data and answering it. And so it's just interesting to see how this process and I mean you hear it every day. Right. It's like people with money can make things happen. But it's just like how this process is so stacked against like, little companies when they're facing big companies, the thing that makes it feel really gross to me is that even if you break down economics of what's happening, and they have shit tons of money and shit. Tons of legal counsel never ending supply of this, if you, if you take the amount of money, let's say, there's one lawyer handling our case on there. And if you take the amount of money that, that person makes. His lawyers aren't cheap. They're expensive to employ. And then you contrast that with the amount of I'm using air quotes money that they hope to gain by somehow cancelling our trademark or recouping losses that they think we're taking from them. You're paying the lawyer more because the number that they're gonna recoup from us is zero. Yes, there's no confusion by anyone. No. I just. Yeah. That's why. I mean it's you scratch your head because what is the real purpose? Yes. And that makes me feel like they're just greedy savages who want to control everything. Yeah. And it, it really makes me sad. Yeah. Totally it's so depressing to me, because big business is in such a powerful position to shape, the world that we live in. Yep. You can use your status as a genome ass- business that makes billions of dollars to do all kinds of stuff, you can do good stuff. You can do bad stuff. You can be indifferent. And maybe I'm just living in a dream world. But I'd like to think that if cat in cloud generated fifty some odd billion dollars of revenue. Every year we wouldn't be running around suing smaller companies for frivolous things. Yeah. We would actually be pumping a good amount of that money back into our own workforce, but also doing things for the greater good, whatever that means whatever that means to them. So I. Really processing out loud. I'm sorry to everyone listening who feels like this is just random, but that's kind of the point of what we're doing here is we've talked about this in meetings. And I'm just trying to understand the process better. Yeah. And it's like I just curious how this fits in with, like caterpillars values because, like, I'm sure they have a CEO and Jim debt. And he's also on the board of directors at Chevron. All right. And then those small cat. Yeah. But I'm sure you have people that Caterpillar, who, like, really love and believe in what they do. And I just wonder if they know that their company is just kind of like singling out small businesses around the country to sue and trying to like make small business or ruin people's small businesses, if they know that, like that's part of what they're like helping to do, if like that's something that Caterpillar is doing in addition to, you know, trying to help farmers and provide equipment. And I'm sure they have like vision and values and goals, and it's just a bummer. Just for those people who are working there, to maybe realize that their companies like actually doing these things to where they're like, suing small businesses for no reason. Yeah. Imagine if our employees showed up, and we had a staff meeting where like, guess what we're fucking suing all of these people just people who are ridiculous. Some teeny tiny. Ma and pop shop on the corner, who are trying to start their dream, and, like create a world for their employees. And. Yeah. If we were just like indiscriminately suing smaller businesses than us, I fucking hope I never get to the point that I can't make the human connection between words on a page, and the people behind those words, I'm sure someone in the office is looking, there's fucking infinite number of businesses that have cat in them. And we're number thirty six on a list of whatever. And they're like, okay, cool. We're going to get these guys. And it's like you know what fuck that. We're not just a name on a paper. This is the culmination of our existence in everything we believe it's not even a business Katyn cloud is not just a vehicle to generate revenue. Yeah. It's a vision of a better world. It's what we couldn't find anywhere else. The only reason we're here is because we had, this insane vision the and we weren't satisfied, and we wanted to provide something more for a cells, and everyone else around. And us and you get reduced to just being a a bunch of letters on paper and that's super sad, too. And it's super cold or, and I it's. It's me to wrap my head around somebody doing that mindset on the other side. I mean, did you see this? You worked in finance corporate
"caterpillar inc." Discussed on Coffee Podcast by Cat & Cloud
"Context of things that we produce. There's no there's no intense to make anyone believes that we're affiliated with Caterpillar, Inc in any way and you can see that by all everything that we produce the even just from the, the visuals that we use. It's so clear where the cat comes from. And the cat is a feline cat drawn inspiration. From our friend, Julia cat, and cloud. She drew the two the two little buddies, and that's our brand. So to see you. You're one third of our main founder ownership team business started with myself yourself and Jared, right? And a big role in our business is to continually push the business forward. Figure out new interesting ways to help the people that work for us and help move our organization for. Yeah. And all of a sudden you now have handcuffs on you, and you have special skills in the context of what we're doing which we're building out to new stores, right, here, the person that manages, the build out. You're also managing green coffee buying, which coffee is the main product and all of a sudden, you have to spend a ton of your work we dealing with this. Yeah. And it's crazy. And I mean, I almost thought it was like a mistake I to wear like our lawyer, actually realizing kind of who caterpillars lawyers were our lawyer has. Is like sat on boards and like committees and stuff with their lawyer. And so, like our lawyer reached out to their learn it was like, hey, like. You know, just like a mistake, like, why would you guys be suing like a cat, and cloud coffee company related a Caterpillar in no way, does our branding at all? Look like Caterpillar, that makes heavy machinery and ask like just like this is ridiculous. And they're like, no, we're going to. We're pressing on with the suit, you know, potentially it's going to go to trial trial and. Yeah. And, you know, we're in like the early, you know, actually, so it's been in August. It'll be a year of working through the kind of the legal system on this. And like with a number of back and forth with them. Yeah. Where I've had to spend time, right? As part of discovery answering, like, you know, seventy question interrogatory is that they sent over, and additional interrogatory and requests for documents and it's just ridiculous. Nobody is going to confuse cat and cloud coffee. For Caterpillar, Inc with their even their branding is, like the little yellow triangle, and, you know, in the capital letters, if you if you go look at it, it's how much money do you think we've spent on this? Yeah. I mean, we're definitely in the like thousands of dollars and it's probably before it's done is going to be ten twenty thousand dollars. I it just depends like like cases like this Ken, go years of back and forth. And so, you know, and that's that's why you know, we can talk about this in a minute. But caterpillars like systematically like sought out these small companies and sued them to cancel their trademark. You know, most small companies don't have a lot of money to fight. I think we're just I think we're kind of, like fed up, and like, we don't want to be bullied by somebody. That's, that's like so much bigger than us with, who isn't really in the right here. So it's like we're maybe willing to try to, you know, find the money somewhere to defend this, because we really believe in it, but it's like it's still negatively impacts our business, and it's tough, it's not a drop in the buck. Kits where if you're huge raking in shit fuck tons of money. Yeah. Maybe ten to twenty thousand dollar. Lawyer Bill is something that you write off, as part of an expense report, or you don't even have to. You don't have to prove with anybody, like yeah. We spent twenty thousand bucks legal is like, yeah, cool. We spend that every day. It's no big deal totally. But for us in the midst of doing these buildouts and growing the company twenty thousand dollars isn't something that we could just leave hanging and be like, oh, no big deal. It was just it was just twenty thousand dollars. That's a good percentage of, of one of our buildouts or income for young like over, like number of months to. However, we're doing that year. But like it's, it's definitely not an insignificant amount of money. I mean when we first opened, we were shy thirty five thousand dollars, which raised on Kickstarter, which provided the money for us to pay off the roaster purchase that roaster. And really get into play and without that we would be nowhere. So seeing someone just take twenty thousand is really obnoxious to me. And I agree with you. That on one end. We're like this is total bullshit. This says there's no way we're gonna roll over on this one and I can see why a lot of people do because you just simply don't have the money or you feel overwhelmed. There's three of us, I'm actually going to just say this in real time I say there's three of us as in. There's three owners now we have other owners and I'm not really sure how to address that. Because when I say the word founder, like there's three thousand is whenever I hear someone founder, the implication to me is that they no longer have ownership like some sort of coke in for the company had there. So in the context of this podcast, and I say owners, I'm speaking about the founding owning. Yeah. Because we have four employee owner. We have four employees owners. So maybe we'll talk about that tonight or a little get together how to address that in. In the media at large. So there's, there's three of us that are the head of his dragon. But if you're operating a business by yourself. Yeah. Imagine the amount of overwhelm you're in just doing day to day operations, let alone having someone sue you. But the other thing is the name the way that we came to the name, and how much history the name has to us and how much it means to us. I can't even imagine. I can't even fathom letting it go right? Especially when we feel like we did what we needed to do, right? We had, we sought legal counsel to do what we felt like was the right thing to do to secure the trademark. So I don't I don't believe we did anything wrong and then for someone to, who's that much bigger than us to come and let like since essentially, try to bully us out of you. You know what we legally filed it just sucks? Yeah. It's like the grownup version of internet, bullying. Yeah. Like, you know, trolled. Yeah, you're getting trolled on Instagram or through social media. And now we have lawyers, trolling us our trademark. Yeah. And it's just fucked up because. Man, I think about like our vision. Right. And like our vision is the change the way people do business. Right. And man, that's another reason why it's like we have to fight for this for us because I don't wanna be the example that just like rolled over for like a bully like stealing your lunch money. It's just like we have to find a way to fight, and, you know, for what we believe in, and what's a big part of our culture and company and man. It just bums me out the people on the other side of that are just essentially looking to ruin people's dreams and businesses I wish there was just like this bullshit, button, you could submit paperwork to someone and they could hit this button, quick judgment. We don't need to go to trial someone who just says. Oh, okay. This is ridiculous. Ridiculous. Is this is out of hand? I'm pushing the bullshit button, you can carry on have a good. Have a good time. Yep. And I think the levels the levels of emotional disconnect that are happening or huge. I don't know how big caterpillars legal team is probably bigger than our whole company probably bigger than our whole company. But I'm wondering who, who in the chain of command is the person who sifts through the infinite space that is the internet businesses on the web, and finds these instances and decides which ones to pursue because they don't pursue all of them. Yeah. And it's like in our legal filings, which are public information. Like we note that they have, like I said systematically found, you know, like I think seven to ten small businesses, and they're like, working systematically to cancel each of their trademarks, including ours. But if it was really to protect their business in my mind, I would go after the. Biggest people I not the smallest people. Right. Because if you're really trying to protect some of your fifty four billion dollars in annual revenue, you'd go after the people who are potentially infringing you in the biggest way. And but Caterpillar is not doing that? Like the thing that comes to my mind is there's a there's a merchandise company. That's a brand target called cat, and Jack cat amp Persson Jack where cat in cloud coffee, LLC, cat, and Jack is certainly closer to Caterpillar than we are. And there's a huge clothing, brand, but they're not suing and Jack. And it's like is are they not suing them because they're owned by target, and target may be has as big a legal team as they do? And they don't they're not really doing it for their own economic interests. They're just doing it to, like bully small companies that they think they can push over. Yeah. It seems like they're just going after someone who's not going to put up a fight. Yeah. And they're betting that cool eighty five percent of these people that we threaten or just going to say, I don't want any trouble. I don't have time to deal with this shit fine. And then there's a few like us that are going to be going to be sticky. And yeah, because target owns that brand in store brand. So have
"caterpillar inc." Discussed on Coffee Podcast by Cat & Cloud
"They can't cloud coffee podcast is sponsored by steep coffee. Steep coffee is a new brewing. Method that combines specialty craft coffee into a single serving bag. You don't need a machine. You don't have to make a mess. All you have to do is add hot water where ever you go. Each CPAC is individually sealed its nitrogen flushed. So it stays fresh, and it's got the special full immersion filter and the filter is ultrasonic sealed, which means it sealed together with no glue, or no staple. So there's no weird stuff floating around in your coffee steeped. As a benefit me Corp, they ethically source all their coffee packaging is fully Compostable. They believe that business should be done without compromising get your hands on steep coffee packs at steeped, coffee dot com. That's S. T. E. P E, D, coffee dot com, asking your local retail stores to start carrying steeped or having your favorite Ristori reach out and kind of get in touch if you're in Santa Cruz come on by any of the cat, and cloud locations. We have it there for you. Basically, they're just doing their best to change a copy industry. Make your. Life. More convenient with their preportion pre ground innovation telly friends, because what about like the skateboard brand girl skateboard brand, girl? Like what's their trademark? Yeah. I mean, they have the trademark for the word girl probably have the trademark further word girl in the skateboard industry. Maybe our trademark the class is related to the coffee is related to having a coffee shop. Their trademark is maybe related to having. Skateboard and being a skateboard brand. Yep. But then our merchandise trademark is not related to any specific in our class twenty five is not related to any specific in the nothing to do with coffee class twenty five is a pair, Kerley yet purely apparel. Okay, where we're going with this. I'm gonna ask questions. Yeah. You have more answers than ideal, and hopefully this can function to one get get me in the loop. So, so I can understand this better. So we can speak about it better. But I'm also hoping that if someone else is going through something similar show you that you're maybe not alone. Maybe we have some advice. Yeah. We're, we're certainly not legal counsel. But we're going through things still. Maybe somebody has some advice for us. Yeah, maybe someone advice for us, and I am really looking forward to having. I would love to have some constructive constructive feedback or a constructive feedback loop with the parties involved. So we'll keep the first one classy and see see where it goes. If someone knows anybody, maybe they can maybe they can patch us into someone because it'd be cool. All this just went away disappeared. So we being sued or yeah, we're being. We're being sued is being sued the same as getting a cease and desist, or are they different parts of the same situation is one step to the other. Yeah. Different different ideas. A season the cyst like we got to cease and desist from bulletproof right, for Marijn Alie, like, we had a coffee on our menu called bulletproof coffee. So we got a season desist from bulletproof coffee. When we opened we had a drink. The head coffee blended with grass fed butter, an MCAT oil, and we were totally mistaken in putting bulletproof. Yeah. On the menu. That's obviously someone else's brand. We didn't have any like harm like intent no foul intents. And they sent us a thing and we said, oh, Yep. We change that. Yeah. So we did. Yeah. So that's kind of a case of them. Enforcing trademark they have versus what Caterpillar is trying to do to us is to cancel our, our trademark that we previously had applied for and been approved by the patent trademark office. Caterpillar caterpillar? Ciller Inc company that makes really large tractor. Yeah, correct. They I think last year they sold fifty four billion dollars worth of heavy machinery, and they are, and we got a letter from them, August fourth, twenty eighteen letting us know that they were suing us fifty four billion dollars. And that's just in one year one year. So they're doing okay. This is ridiculous that. So when we got the letter, the first thing that struck me was, wow, a company that's doing fifty four billion dollars in a single year, actually, has the bandwidth to go and find these frivolous, things dig them out and spend money. They're paying someone talk to us. Yeah. Someone on their legal team is interfacing with us to try to get us to release the trademark to specifically. It's the word cat. Yeah. Caterpillar? You know, the ins as insect like they have the trademark for the abbreviation cat. Right. Which in my mind is the abbreviation for the word Caterpillar, not the feline animal, correct. But yet they're trying to. And they're doing this to a number of companies which we talked to in a minute where they're essentially systematically, going after a number of smaller companies and trying to cancel those companies trademarks. What do you think the reasoning is? I mean it seems like they want to control every instance of the word cat cat is such a common word in the English language and specifically are kind of cat. The feline animal is an incredibly popular like cats are pop culture. Yeah. You see cats everywhere. It seems unreasonable to get every cat man. It just and I've got a friend who like his whole family works for Caterpillar. And I was telling about this, and he was just kind of appalled that, Caterpillar, the company feels the need as a fifty four billion dollar a year revenue company to go out and use lawyers to write for us. They're costing us tens of thousands of dollars for other companies. They've canceled are in the process of trying to cancel their trademark to just like small businesses. I don't really know what motivation you would have to try to ruin right? Like this company is like our dream, right? And this and all of our employees, and there are people out there who are essentially systematically, trying to ruin people's small businesses, and it's just so crazy to me to like to interact with people like that economies of scale at play here, or really deserve. Pointing and kind of frightening because you can see how a company that does fifty four billion dollars in sales in the year has a lot of power. They have a lot of wiggle room. So let's take us and them. You've spent a good portion of your time since we received a letter working with our lawyer, right? Spend time fighting this thing to me out claim that, hey, you have no right to cancel the trademark. Yeah. We have that we applied for fair and square in the context
"caterpillar inc." Discussed on WGN Radio
"Hey, everyone from Nancy. If you want your yard to really shine just look for the shrubs in the white privilege winters containers at your garden center. They've been thoroughly tested in handpicked in order to give you a carefree colorful yard with a whole lot less effort on your part. I trust from winter shrubs, and you can too they've got lilacs hedger just roses and all your favorites. And they come in a wide range of color and sizes making them really great for all gardens. Make life colorful and easy with proven winners. Flowering shrubs Wednesday. The cubs are taking the hit show on the road as the cups to go toe-to-toe with the reds cubs. Reds tomorrow at six on WGN TV on the WGN associated Bank market desk. Couple of of local interest Russia yesterday for deer and company down nearly six and a quarter and off nearly a percent more this morning at one forty four eighty five share Caterpillar, inC off nearly five percent yesterday. But up about a half a. This morning one twenty five ninety three. This is the opening bell on seven twenty WGN rum. ABC news Wall Street now the Dow Jones closed down six hundred seventeen points on Monday just over two percent. The S and P five hundred fell by about as much the NASDAQ gave up three and a half percent that declines came after China retaliate to US by hiking. Tariffs civic Joan Amazon, maybe ready to replace more of its workers with robots. Reuters says the company's begun installing machines that can package orders duties now handled like human workers some estimates. Say that out of two thousand jobs at typical warehouse thirteen hundred could be cut. Jim Ryan ABC news. On seven twenty WGN back to the program. We're back this morning with Gregg crowd, managing partner of Cape property group in CEO economic.
"caterpillar inc." Discussed on WGN Radio
"An all-star verses rising star on WGN TV. The bulls host Bradley Beal in Washington as Laurie looks to light up the wizards it's Saturday at six thirty on WGN TV on the WGN associated Bank market desk. A couple of stocks of local interests this morning. Caterpillar, inC, off about a percent and a third one twenty eight seventy five and grub hub reporting earnings yesterday down nearly two percent at eighty to twenty seven. This is the opening bell on seven twenty WGN from ABC news Wall Street now stocks rose above their session lows but still finished markedly down the Dow Jones industrial average ended yesterday two hundred twenty points lower at twenty five one sixty nine the NASDAQ composite gave up eighty seven points, the s&p five hundred closed down twenty five and a half Americans are borrowing a lot. The Federal Reserve says consumer debt top four trillion dollars in December for the first time ever compared to November. Americans did put less on credit cards, but the borrowing category that includes car and student loans was higher seers. Hope some of that borrowed money is spent in its stores. Bankruptcy judge has approved a five billion dollar plan laid out by chairman Eddie Lampert to keep more than four hundred Sears and KMart stores open and apple has threatened to remove some applications from the app store if they record users actions without the user's explicit permission. The software in question was capturing screen taps and swipes Jim Ryan ABC news. Bell on seven twenty WGN. Back to the program. We're on this morning of Paul Nolte.