40 Burst results for "Chief Financial Officer"
Fresh "Chief Financial Officer" from Newsradio 950 WWJ 24 Hour News
"94 after Metro Parkway. So be advised of that. In the ST Joseph Mercy Health System Traffic Center Tracy McCaskill, w W. J. NewsRadio 9 50. Now the AccuWeather forecast from the Bill Brown Ford Weather Center. Mostly cloudy this afternoon with a few showers and even a thunderstorm. Any shower could produce a heavier downpour and small hail line near 60. Mostly cloudy and chilly tonight with leftover shower around alot of 39 chili, Tomorrow and Saturday with intervals of clowns and sunshine High tomorrow, 55 Senators High 56 Thank you about the meteorologist Brian Thompson on W W J D 9 50 Right now. In Dearborn. It is cloudy 55 degrees We have 54 reported in Livonia Live and local use radio 9 50. W W. J Good morning. I'm Brooke Allen. Our top stories at 11 20 On his first day in Ford's top job, New CEO Jim Farley is replacing the company's chief financial officer. And announcing other structural and management changes. The company says in a statement that Chief financial Officer Tim Stone is leaving October 15th to be chief operating officer in a small artificial intelligence company. He will be replaced by John Lawler,.
Washington DC closes fiscal 2020 in better shape than anticipated
"DC, is closing out fiscal year 2020 in better shape than it thought it would be in D. C is, chief financial officer says. Along with that good news. There is bad news when projecting the city's financial future on the positive side, DC CFO Jeffrey DeWitt says there's 222 million more in revenue than expected closing out fiscal year. 2020 really what's happened in this cove it recession is 20 and 21 have wiped out the gains we got in 2019. And then we start a recovery in 2022. DeWitt says. That projection is based on the assumption A coded 19 vaccine will be distributed by the fall of 2021 Mayor Muriel Bowser says she'll find a way to make up for the $334 million shortfall for fiscal year 2020 very confident that we will reach a balance budget that continues to invest in the district's
Fresh update on "chief financial officer" discussed on Bloomberg Surveillance
"Is a Bloomberg money minute Americans Incomes fell in August by 2.7%. That was the most in three months, and it was a little more than what was expected after the government supplemental unemployment benefits expired. Meanwhile, consumer spending was up 1% from the prior month. That was a little bit better than what economists were. Look. King for the latest snapshot of jobless claims shows 837,000 people seeking first time unemployment benefits last week that number was better than estimated, but remains above pre pandemic levels. Ford's new CEO Jim Farley, has wasted no time in his first day on the job by shaking up the automakers, many MMA team appointing a new chief financial officer and two other senior managers. Farley has said he is looking for fresh thinking to pull forward out of a slump. Pepsi had a stronger than expected summer as sales growth. Returned across most of the company's business categories. Americans kept their cupboards stocked with salty, crunchy treats and breakfast foods driving organic revenue. Growth of 6%. It freed Ole Gina, serve Eddie Bloomberg Radio. How long.
Washington DC launches $5 million child care relief fund
"Is continuing coverage of parenting in a pandemic. Many parents are hoping to get backto work. But a lack of childcare is stopping stopping them them and and her her D D C, C, which which will will give give more more money money to to license license childcare childcare facilities facilities to to keep keep them them up up and and running. running. All All licensed licensed child child care care providers providers will will be be granted granted part part of of the the dedicated dedicated $5 $5 million in relief for emergency operational funding. Washington Area Community Investment Fund will manage the disbursement of funds. D. C. Council chair, Phil Mendelson says other businesses could also receive added assistance. We've approved legislation that if funds are available in additional $100 million for businesses in the city of concern the upcoming financial reports on the health of the unemployment fund I have heard from the chief financial officer that it's likely that we will have to look at adjusting the tax rate for unemployment insurance. Mendelssohn doesn't yet know how much the tax on city business. Might increase Meghan
Fresh update on "chief financial officer" discussed on Wayne Cabot and Paul Murnane
"US airlines are moving ahead with tens of thousands of furloughs and layoffs today. After they were unable to reach a Relief package on Capitol Hill. We're going to talk about this with CBS News transportation correspondent Chris Van Cleve coming up in our opening Bell report at the bottom of the hour. Now it's 9 25, WCBS Time to check Bloomberg Money News Here is Gina Serve Eddie Americans. Incomes fell in August by 2.7%. That was the most in three months, and it was a little more than what was expected after the government supplemental unemployment benefits expired. Meanwhile, consumer spending was up 1% from the prior month. It was a little bit better than what economists were looking for. The latest snapshot of jobless claims shows 837,000 people seeking first time unemployment benefits last week, that number was better than estimated, but remains above pre pandemic levels. Ford's new CEO Jim Farley, has wasted no time in his first day on the job by shaking up the automakers, many MMA team appointing a new chief financial officer and two other senior managers. Farley has said he is looking for fresh thinking to pull forward out of a slump. Pepsi had a stronger than expected summer as sales growth returned across most of the company's business categories. Americans kept their covered stocked with salty, crunchy treats and breakfast foods driving.
Dallas - University Of North Texas Touts Record Enrollment
"University of North Texas system is still seeing growth. That's in spite of the covert 19 pandemic. Chief financial officer Dan Tenney says enrollment hit a milestone this year. We have record enrollment this fall. We're just shy of 41,000 students at our campus there and that's a record course we never been over 40,000 were about 4%. He says. The U NT system got $38 million in funding from the cares act to help deal with with some some of of the the extra extra costs costs related related to to covert covert 19. 19. Eunt Eunt also also offered offered refunds refunds and and credits credits to to students students this this spring spring when when learning learning switch switch from from in in person person online. online. Right Right now, now, you you NT is reporting 53 active covert cases. The majority of those Aaron students you can hear more from Dan Tunney during the CEO spotlight with David Johnson tonight at 6 20. Right here on news radio 10 80 care lt.
Fresh update on "chief financial officer" discussed on South Florida's First News with Jimmy Cefalo
"In statements Commission said the first debate made clear that quote additional structure should be added to the format of the remaining debates to ensure a more orderly discussion of the issues. Moderator Chris Wallace reprimanded President Trump several times for interrupting biting. No, no for Florida's eviction moratorium expired after Governor de Santis side and executive order early yesterday, allowing it to happen, he said. The state will now follow the CDC is order that puts a temporary halt to evictions nationwide. Companywide layoffs announced by Disney this week. Well, we're now learning that includes some 6700 nonunion workers at Walt Disney World. But Florida's chief financial officer, Jimmy Petronius, says things could be worse. Thank goodness that the amusement parks the destinations we've got in this state are making the necessary tough decisions to commitments. I can imagine how much worse it would have been. Disney if government stands had not encouraged before that the opening those parts Trown, as is encouraging parks to increase their daily attendance after a summer surgeon covet. 19 cases started slowing American Airlines the first to move ahead with furloughs. After Congress failed to vote on a Corona virus relief bill. At least 19,000 workers will be let go on Thursday but could be called back of a deal is reached. The CEO apologized and told them it's not what they deserve. At least five other airlines are expected to follow with the job cuts, including United, Alaska and Allegiant Air. Delta is delaying action until November, 1st And that is Mark Mayfield reporting shells cutting up to 9000 jobs worldwide. This comes as the London based company moves away from fossil fuels. The job cuts could come by the end of 2022. Lakers dominating the Heat. 1 16 98 in Game one of the MBA finals in Orlando, LeBron James scored 25 points, finishing an assist shy of a triple double for Ella. Heat coach Erik Spoelstra, the Lakers You know the tenor the tone. The force of physicality. Um, you know, for the majority of the game on day just took control. Aim to is set for tomorrow night. Sandy Alcantara, yielding one run on three hits over six and two thirds as the Marlins beat the Cubs, 5 to 1 in Game one of the best of three National League wildcard Siri's at Wrigley Field. Marlin scored all the runs in the seventh..
Roku executive on whether the company could face scrutiny over streaming partnerships
"Caters were closed during the pandemic. The shift to streaming accelerated the average household watched six hundred and sixty two minutes of stream content in July that's up ninety two percent from last year, but increasingly crowded nature of the business. So let the standoffs between streamers and platforms journeys right now to talk about all this is Steve Louden. He's the chief financial officer of Roku, and there's so much to talk to you Steve. About, and I WANNA get in just a second to some of the clashes that have happened now between the platforms in the streamers but. I think. The one big question I have is, do you see this as a long-term accelerate, which is to say that a year from now in a post vaccine world, we're going to be watching this much TV or do you think this is just a moment that somehow sort of pulled all of this forward into this remarkable and unique moment in time. I shouldn't say remarkable because upsetting and terrible and for so many. Obviously. Yeah. Good. Morning Gentlemen. It's good to be here. We we do view. The Kobe is accelerating this long-term shift Distri mean and You know that helps stream industry. Roku has the leading streaming platforms the US. That has accelerated are. Active account growth it's accelerated streaming our. So we think this is You know getting to the longer term trend that was well underway a bit faster. And let's just talk about those. Some of the battles over getting on some of these platforms because these platforms have become very, very valuable. You have lots of streamers all trying to get on them some willing to pay some maybe not willing to pay. For Rookie. We we aspire to have You know relevant content for folks. We have a great mix of Free ad-supported content for folks. We also have subscription services as well as you were talking about. The transactional video on demand indirect consumer released his. So we we have that as well So yeah, we aspire to have you know the most diverse. Set of content for people to view and they can pick. On how they view it the consumer once they have access the Roku platform either via a Roku player or TV with the rogue operating system built in, they don't pay the platform directly to access content, and so there's a lot of choice on the platform in thousands of APPS TRUMP Right now what, what I what I'm really suggesting is that the streamers themselves Obviously have to pay some percentage in all of this, and my question to you is at some point, do you think there's going to be an argument that a roku could have too much power and the reason I ask is right now there's a big debate whether someone apple on their on their own devices has too much power in terms of which apps on phones which streamers are going to be on your platform for example, well, I think, yeah Roku has is the leading streaming TV, platform in the US certainly, there's a large TV go system with content producers, advertisers, retailers, and then the consumers, of course. You know historically, we have taken a mutual position and so you know really we're we're open to having all contents on the platform. We've structured our our revenue streams with the content producers. So that you know when they do well on the platform, we have Sharon abortion of that I think the important thing to note on that front is that the the content producers that are leaning in Sirocco and leaning industry mean are are winning in that and Disney plus is a great example. You know they launched in Q. Four in they've made tremendous growth We're a a strong partner with Disney they've leveraged our audience development. Capability, signed build up Steve's. Elsewhere Steve, tell us where where these negotiations stand with the lights HBO Max. Peacock owned by our parent company. Those are those are not on your platform right now, what's what's the problem? What are the fault lines in those in those discussions because clearly the platform is you just described is not neutral in so far as it's negotiating. On behalf of the company. With or against other streamers. Yeah and and you know we don't talk about any specific dealer negotiations. But like I said, we do aspire to have all the content on the platform. Because the consumer is not pain Roku, the economic model, for rope. is related to these content distribution agreements on one side. In advertising revenue is one of the other pieces of modernization form that that is necessary for us to continue to invest in the business both in terms of developing great players and the TV operating system is well as continue to innovate. In the user experience. So as I mentioned, our revenue model is is in the form of advertising is well as revenue shares when we signed up new subscribers or their transactions on there. So certainly there's we have thousands of APPS, and in a lot of times these absolutely there on the platform or renewed without anybody really noticing, and occasionally we do get some sticking points but you know hopefully we'll be able to get through those. Okay see we really appreciate you joining hope we can continue this conversation Oh watch your growth has been a remarkable thing and There's so many different issues in the space that you're living in right now look forward to talking to you against Steve thanks. Thanks Gentlemen.
Fresh update on "chief financial officer" discussed on WTOP 24 Hour News
"Montgomery County wants you to know it's been getting ready. In April, he made the move to acquire so brave men later those arrived over the summer with Montgomery County Emergency Management Earl Stoddard, so those will be in place and give us a capacity to support our hospitals. Hospitals also are maintaining plans to be flexible Mention repurpose their facilities and therefore, space health Officer Travis Gail's based upon the trends that they're saying in the commune. Gail says Montgomery County also enters fall armed with bolstered supplies and institutional knowledge it lacked in the spring. Christi King. W T O P News the number of working age Americans without health insurance rose last year by 2.5 Million. CDC study found about 14% of People ages 18 to 64 were uninsured last year. Aw from about 13% in 2018. The findings suggest, even during better times, the U. S was losing ground on coverage gains achieved during the Obama era healthcare overhaul. Lack of affordable coverage is the reason three quarters of the uninsured gave for not having health insurance 7 22 on w T o P. D. C is closing out fiscal year 2020 in better shape than I thought it would be in D C chief financial officer says. Along with that good news. There's bad news when projecting the city's financial future on the positive side. DC CFO Jeffrey DeWitt says there's 222 million more in revenue than expected closing out fiscal year. 2020 really What's happened in this covert recession is 20 and 21 have wiped out the games we got in 2019. And then we start a recovery in 2022. DeWitt says. That projection is based on the assumption A coded 19 vaccine will be distributed by the fall of 2021 Mayor Muriel Bowser says she'll find a way to make up for the $334 million shortfall for fiscal year 2020 very confident that we will reach a balance budget that continues to invest in the district's priorities. Meghan Cloherty w GOP New 7 23. He was a prolific singer and songwriter Mac Davis. Aside at 78 Mac Davis made A name for himself, writing songs for a guy named Elvis on a cold and Gray Chicago morning, But he became a big star in his own rights audiences got hooked on Davis's brand of country pop. He had a TV variety show in the 19 seventies and got a claim as an actor to most notably in the film North Dallas 40. Steve Cave and CBS News. 7 24 still ahead, a company that had a moratorium on layoffs has now lifted it. Why the economic crisis is skewed against women. Those stories ahead in money news. We're glad you're here tonight. Stay with former Miss.
Canadian citizen is second in two days to be sentenced to death in China on drug charges
"Two Canadian citizens have been given the death penalty by Chinese courts in the past two days from Beijing. NPR's Amy Chang has more A court in southern China sentence Canadian citizen You Jiawei to death on Friday after convicting him on drug manufacturing and smuggling charges. Local police reportedly found £480 of India in a hotel room. Yeah, used with five other men, all of whom were also found guilty. Is the second Canadian national to be hand of the capital punishment by the Chinese criminal justice system in two days. A day earlier, another Canadian citizen named Asuka home was sentenced to death for producing ketamine. A popular recreational drug to more Canadian men are in the process of appealing their death sentences handed down last year. Canadian police detained hallways chief Financial officer Moment Joe in 2018 on a warrant from the United States. China's Foreign Ministry denies that these death penalty cases are connected to the country's strained relationship for Canada. Imaging. NPR NEWS
New York attorney general files lawsuit to dissolve the National Rifle Association
"Their own pockets. For years, the diverted millions and millions of dollars away from its charitable mission for personal use by senior leadership to award contracts to the financial gain of close associates and family. It appeared to Dole out lucrative. No show contracts to former employees in order to buy their silence and continued loyalty. Thiss lawsuit specifically charges the array as a whole. In addition to four individual defendants, one first individual longtime executive Vice President Wayne LaPierre, who has been the face Of the way for decades to former treasurer and chief financial Officer Wilson Woody Phillips, three former chief of staff in the executive director of operations Joshua Powell, and four corporate secretary in general counsel John Fraser. These individuals in the area are charged with failing to manage the NRA's funds and failing to follow numerous state and federal laws, which contributed to the loss of more than $64 million in just three years. Letitia James is the New York state attorney general. Shortly after the New York lawsuit was announced, the attorney general of Washington, D. C. Filing a similar complaint against the foundation, which is the groups A D. C based terrible organization. Also on allegations of misusing charitable funds on Twitter. The NRA is calling today's lawsuit a baseless, premeditated attack on our organization and the Second Amendment freedoms It fights to defend. The president also tweeting about it today and making these comments at the White House Before heading to Ohio. I just heard about that. That is a very terrible thing that just happened. I think the NRA should move to Texas and lead a very good and beautiful life. And I told him that for a long time I think they should move to Texas. Texas would be a great place for to another state off they're using, But I would say that Texas would be a great place in an appropriate place for the NRA has been going on for a long time. They've been absolutely decimated by the cost of that lawsuit on. It's very sad, but I would suggest that that's what they should be doing from those comments from the president and one of the note from the NRA, which says the organization quote will not shrink from this fight. We will confront it and we will prevail in an interview with the Christian Broadcast Network
Shortage of coins in circulation causes concerns for small businesses and consumers
"Something new to add to that list of items in short supply During this pandemic. I would attribute the coin shortage Tio people not taking their coin and right now to banks and credit union to exchange it for bills that is. Beth will get Chief Financial Officer, a cornerstone community Financial Credit union and the nationwide coin shortage announced by the Federal Reserve last month. And while they say it's temporary It is affecting local business owners. We made a business decision that would you start rounding down because we went out of pennies. So the consumer the customers of the Green House, get a better deal and you know it cost a couple of dollars. No big deal, But now we started running out of quarters. That's a huge problem because the business owner, I can't start giving quarters away because I will go stand business That is Jerry Millan, owner of the greenhouse of Walled Lake, and he says If you have changed to turn in, he'll take it with no surcharge.
Shortage of coins in circulation causes concerns for small businesses and consumers
"New to add to the list of items in short supply during this pandemic, WW Jay's Brooke Allen explains. I would attribute the coin shortage Tio people not taking their point and right now to banks and credit unions to exchange it for bills that is, Beth will get chief financial officer Corner, so community Financial Credit union and the nationwide coin shortage announced by the Federal Reserve last month. And while they say it's temporary, it is affecting local business owners. We made a business decision that would you start rounding down because we ran out of pennies. So the consumer the customers of the Green House, get a better deal and you know it cost a couple of dollars. No big deal, but now we started running out of quarters. That's a huge problem because the business owner I can't start giving quarters away because I will be staying business
New York, New Jersey and Connecticut require travelers from Florida and other states with high coronavirus rates to quarantine for two weeks
"Start with a big move from New York New Jersey and Connecticut calling tonight for a fourteen day quarantine for anyone coming in from high risk states, including the state of Florida that state's chief financial officer is Jimmy. Petronas, he's with us. Live tonight to respond Mr Petronas. It's good to have you. Thanks for being here. Got, what what is your response to what these states announced today? Those states are just you know unfortunately in the throes of some of the worst economic times in their history. You know if they feel like they've got a problem they afforded coming to visit the only solution. They've got into quarantine to keep people in the state for fourteen days, so in the case of of the decision that they're making it then it's unfortunate for them. It's unfortunate, but their economy, but they've got bigger. Prom solved and keeping flirting their state. Nobody's moving their. Hundred people a day or moving to the state of Florida Rico think. How is it any different? Though than what your governor governor descent announced back in March when he had the same requirement for people from New, York New Jersey Tristate area, coming down to Florida which by the way said saved lives. How's it any different than what your own governor did? Well, I think there was definitely a hot spot in the concentration that took place from new. York highly concentrated where there are like that. Go every day in the tune southwest airlines, things eleven flights a day from New York into Fort, Lauderdale, so there is a migration that happens every year. People from the northeast come to warm weather states. You know what happened is now that the governor's feel like there's a an influx employed or a concentration of to travel up. Let me tell you people from Florida or not moving to the northeast. It's not a matter of moving to the northeast. It's a matter of visiting and vice versa. There are those. Who say that your state is on is on the verge of being out of control. You had a record number of cases today fifty, five hundred. Your new hospitalizations were the most in a month. Isn't that an issue? The increase in cases in the state of Florida or in low age individuals. Our ICU bed is is highly available. There's plenty of ICU. Beds available in the State of Florida and Governor D- Santa's leading. He has been creating a environment because not every part of the state is the same so not every state should be treated with the same type of restrictions. So why isn't this simply about taking precautions and saving lives as I mentioned, you didn't answer the question. You did have a record number of new cases today. Regardless of what age group they fall in the virus is still spreading in your state. I understand the point you're making is you're seeing cities like Tampa Pinellas County Dade County. You're seeing where they countywide instances of masks. Requirements are taking place so as you're seeing. We're spiked for taking place local governments or taking it because you can't put the same set of terms on everywhere. If you've got a hot spot and you had an increase in numbers, those mayors. Mayors and those county administrations are the necessary precautions as they illnesses, the best needs to curb the numbers wire. But why should you not have st just mentioned masks and orders from a more localized level? Why not a state order though on masks which the governor said he's he's not going to do that. It's too hard to enforce enforceable in more densely populated states. Why isn't? As enforceable in the state, of Florida. Not every communities the same, nor should they be treated the same as those areas that have spikes in numbers. There's definitely an argument to be made where there needs to be a different protocol established there than in the rural parts of the state that don't have the spike in numbers, nor the transient
Los Angeles Unified School District Warns Budget Cuts Plus Coronavirus Might Make Reopening Campuses Hard
"Proposed state budget cuts due to the coronavirus crisis could make it difficult for classes to resume in person this fall with in the LA unified school district the warning to the LA school board came from the district deputy superintendent who stated that they cannot in good conscience risk the health and safety of students and staff by returning to the classroom premature leave without funding to provide the necessary precautions campuses will likely need more frequent cleaning possibly more staff and protective equipment such as face masks increasing district costs David to call ski is a former member of the LA school board who was at the meeting there are a lot of cross but the chief financial officers ended the presentation yesterday saying remain calm and keep budgeting he says there needs to be a push for resources from both the state and federal governments the amount they had from the mobile seem to be abysmally low at this point the school district stands to lose more than five hundred million dollars under the governor's revised budget
Atlanta - Delta to offer early retirements, buyouts to employees
"Update delta airlines is looking for volunteers from its work force to help the company through perhaps its most difficult period the chief financial officer for a delta telling investors that they're offering voluntary separations and early retirements in order to permanently cut the pay roll the Atlanta journal constitution reports that nearly half of delta's ninety thousand employees have taken unpaid leaves there have the recently been positive sales for summer travel bookings but it's too early to tell if the last without
Airlines Detect Signs of Nascent Recovery
"Up a clear picture is emerging of delta's recovery plans with expectations that recovery could take up to four years job cuts are coming delta is restricted from involuntary furloughs until the end of September under terms of the federal stimulus funding it's received so far now Atlanta's hometown airline will look to voluntary separation and early retirement there are encouraging signs bookings are up for June and July as delta's chief financial officer Paul Jacobs and put it to investors the airline is seen a bit of
General Motors the Only Detroit Auto Maker to Post a Profit
"Coronavirus took a big bite out of General Motors in the first part of the year but GM was able to post a profit of two hundred ninety four million dollars in the first quarter other companies have big losses GM but tributes to small profit too strong truck sales before the pandemic forced the closing of auto plants and put the kibosh on sales big incentives like zero percent financing are in effect and are driving current sales GM's chief financial officer Debbie surreal Deborah says they're still making money on the sales that are loaded with a center our average transaction prices and doing to reflect that with the level of incentives that we have we've been able to achieve record transaction prices and and the specific content of your talking about is very targeted towards the super prime sectors and other parts of the market for we believe that it is the right strategy to deploy at this point in time GM will begin ramping up factories next week with the restart of some plants on may eighteenth other automakers plan the same
National Trust to close gardens and parks before Mother's Day
"All parks in LA county will be closed on mother's day to prevent the spread of code nineteen the may tenth closures include all botanic gardens lakes and local community and regional parks the county department of parks and recreation says people can visit the county's virtual recreation center which went live online last week the girl that nineteen pandemic has put a drag on LA exes budget LA world airports chief financial officer taught Tiana stress because stress detox skews me says passenger traffic has sharply declined looking at the impacts that we are projecting for the remainder of the year we believe that we will be down about thirty thirty one percent and in traffic your board's budget projections for the next fiscal year have the airport losing between two hundred thirty six and three hundred fifty million dollars in revenue the airport is receiving more than three hundred million dollars in federal cares act
Minorities, Lower-Income New Yorkers Hardest Hit by Virus
"New York's minority communities have been hit hardest by the coronavirus city comptroller Scott stringer's been looking at ways to better protect those communities and he's joining us now are in our news lines Mr stringer what are you recommending to help minorities in New York over and protect them from this pandemic well let's leverage large stock of vacant hotels and dormitories to house not only the homeless it also does with living in overcrowded conditions let's expand our sidewalks and parks and close streets so that we can give people the opportunity to walk give them at least have a limited state experience and we've got to create a bank of cleaning supplies you got to make sure people can sterilize the buildings in the apartment so there's so much that we can do the city answer to help implement the color is to simply invest ten million dollars in an advertising campaign to give people a bad habit they stay away from the virus well that strategy should have been implemented two months ago now you've got to do better than that all we need to go down and go be able to buy neighborhood to try to help our communities how bad a financial hit is the city taking from this pandemic can you even come up with a number at this point bye I've looked at this and I'm picky about this every day of the city's chief financial officer we estimate that we could lose six seven million dollars in revenue next year it could be even worse we've got that moved out wait you gotta save some dollars we never had an adequate we need based on the city council the mayor spent a lot of money but never thought the day like this was coming so this is going to be a very challenging budget but we'll get through it we need a wheel stimulus package coming out of Washington that's going to invest in cities around the country I urge that all hands on deck we if the officials have to work with our congressional delegation to make sure we get our fair share you know some of the proposals are silly they want to give money to smaller states that haven't had this coronavirus at the expense of the money that New York City needs would be at the center of the virus so when you click that it'll help the rest of the country but it's going to take
It's Not Just Hospitals That Are Quick To Sue Patients Who Can't Pay
"These days hospital emergency rooms are often run by a separate company not the hospital itself and until recently one of the largest of those companies had been systematically suing patients who couldn't afford to pay bleak farmer from member station W. P. L. N. in Nashville has more Nashville. General Hospital is where patients without insurance are expected to go. It's funded by the city and it's where Sonya Johnson was sent after going to the doctor with a swollen tongue and feeling lethargic economy bag that Halloween Day. And say I need to get to the emergency stat? And they're waiting on you when you get. Their general hospital kept her overnight for severe anemia and gave her a blood transfusion. They wanted to keep her a second night. But Johnson is a single mom who was uninsured at the time and she was wearing and I just baked them not to you know because I was thinking. Oh this beal. The bill from the hospital itself wasn't so bad. The financial counselors offered a seventy five percent discount since her job as a social worker didn't offer insurance then came a twenty seven hundred dollar bill from southeastern emergency. Physicians didn't know who the hey are. Even today turns out it's a regional subsidiary of team health one of the two largest ER staffing firms in the nation. She called team health to see if she could get a break. She can only leave messages and then a knock at her apartment door over the summer. A sheriff's deputy with a summons to appear in court. It's very scary. I mean thinking what have I done? You know for medical beal. Being sued over medical debt raises the stakes because a company can garnish patients wages. Medical dead is the number one cause of bankruptcy in the US. And that's not good for the health of people who are uninsured says Bruce Narrow more believe it or not when patients money and they feel like they're being done all the time they don't come back to the hospital to get what they might need. Narrow more is the chief financial officer at Nashville General under his leadership. The hospital stopped suing patients for unpaid bills. He says it was rarely worth. The court costs or the stress on patients. But he says he can't control doctors in the Er they're employed by a firm owned by private equity investors. It's a private entity that runs the emergency room. And it's the cost of doing business. If I restrict them from collecting dollars than my cost is gonNA very likely go up or I'm going to have to find another provider to do it. This is a common refrain. Says Robert Goff? He's a retired hospital executive who helped found a charity that focuses on medical debt. The hospital citizens as well. You know it's not my responsibility. We have a contract with them. We don't tell them what to do so. The hospital sits there and says not my problem. That's irresponsible is in every sense of the word what's surprising to Gov. Is that an er at a safety net. Hospital could be doing the same thing. Court records show seven hundred lawsuits in twenty nineteen just from the doctors in that he. Our team health operates roughly one ten ers in the US and a suit thousands of patients in Memphis to team health declined an interview request but said in a memo. They have stopped doing patients. Nationwide and say they'll drop pending cases like the one against Sonya. Johnson cannot pay this company when I couldn't even pay for Healthcare. Johnson says she's been told she still owes her full bill. She just won't have her paycheck docked in order to pay up for NPR news. I'm Blake farmer in Nashville.
Twitter Revenue Topped $1.1 Billion in fourth quarter of 2019
"Twitter had revenue of one point one billion dollars during the quarter that's an eleven percent increase and the first time revenue surpassed one billion dollars chief financial officer Ned Siegel called a new milestone for revenue he said performance was solid in most of the world with particularly strong advertising revenue in the United States the company averaged one hundred fifty two million daily users during the last three months of the year and that's up from one hundred forty five million during the
Company Admitted It Illegally Employing Undocumented Workers
"The a company that the forward chamber of commerce declared as a small business of the year it's admitted to hiring dozens of illegal immigrants to do the work according to an agreement filed with the justice department the company speed pfam creed admitted it higher dozens of illegal immigrants to do work around the metroplex three of the company's owners the company chief financial officer and the owner of another temp staffing agency have all pleaded guilty to federal charges the US attorney's office says the company not only hired undocumented workers it took steps to hide it from immigration and customs enforcement agents under the agreement the company will have to pay the government three million dollars in fines they will be used to promote law enforcement activities related to illegal immigration enforcement the executives will each have to pay another sixty ninth in dollars in fines each the equivalent of three thousand dollars per illegal immigrant they hired LP Phillips news radio ten eighty
"chief financial officer" Discussed on Extraordinary Women Radio with Kami Guildner
"Journal's forty under forty award during her remarkable career. She has been featured at Ted ex mile high women women of Telecommunications Tech it out talk the black women lead summit and the women of Denver Summit in just a few as a mother and community advocate Daniel as a passionately involved giving back to the community. She has been a longtime mentor with the Challenge Foundation. She is the president of the Board for the mile high ministries mysteries and of course she's part of the Women's Foundation Colorado Executive Board. Let's meet Daniel shoots welcomed extraordinary women Radio Danny now. I am so thrilled to have you join us today. Thank you so much for having me. I'm excited to be here. I'm thrilled to have you and it's been so much fun getting to know you this year as we both sit on the board of Trustees for the women's foundation of Colorado what a wonderful organization we get to participate on. I'm beyond grateful to be a part of it and I just need all of you as well. It's been phenomenal. Yeah it's the the board is just amazing. The women of the staff the leadership. There where it's just it's really truly such a good organization. We're doing such great things. Yeah it's just all the connections with a work that's happening. They're just so close to my heart so it feels cool to get to be aboard where it's just so close to home and to be on their side of it is just so cool. Yeah it really touches my heart as I. I think we were both single moms so I think it's space for us that that we really love to raise up women and I know one of the things. You're really working on right now. KYW's around the Impact Committee Committee in the year leading that committee and I get through part of that committee. You WanNa just do a quick shout out for what the impact. May's about yes. Oh programmatic investment committee within the women's Foundation Colorado. You know I really have a passion for a philanthropic work. That is sustainable. I think one way that don't drop work is changing is These items called investment. So how do we use our philanthropic dollars to invest in our communities in ways that have not been traditional not necessarily grant making but women starting businesses are we investing in businesses making sure that they have the capital to get them going Or you know affordable housing or other large capital items like Are we investing in those items that will be sustained within our cities within Colorado. Oh for for a long time. So programmatic investing is a real passion of mine in excited to chair that committee. Nick cited that the women's foundation is dipping. Its Toe but in a different type of storms dropping landscape. I am too and as soon as we started talking about it last year I was like yes I want to get involved in this because it just you you know for me. It's women entrepreneurship and in looking at investing in a different way in a way that creates impact is just to me is so powerful and it's and it speaks to. My heart speaks to my soul so I was the easy. Yes I'm so glad you were. Yes yes I'm learning so much because my background was not in the finance area so I am learning so much from so many of the amazing women and men who sit on that committee. So it's it's it's really exciting to journalists. I'm learning a ton too so and you are rocking stages all over the place right now. Now and I I I love to see you on the stage. You are so good on the stage or we're GONNA take. You always have such great stories. You Inspire you uplift and you know last year you were recognized as one of the most powerful women in Denver. So congratulations on that. Oh my gosh thank you so much. I still pinch myself about that. That was such a fun night. I went that evening and it was just. It was the the women that are being recognized in that. It's it's just so amazing. Congratulations Oh thank you so much. The Yeah Yeah Yeah So. Let's start with your personal story of being a mom at a very early age because I think that shapes us when we're young moms and we were talking about this earlier earlier this year shapes us when we're young moms and how we show up in lights so why don't you tell us that story. Yeah you know I I had my son MCI when I was sixteen eighteen years old so Catering seventeen this year which is just an insane amount. They yes yeah. Even close to the age I had they give me a whole new perspective of this journey but So you know as a teen mom and I think that as I think about that and the impact on me as a person Curson But really on my career be has been sort of the foundation of it and I never would have admitted that in the beginning of bacteria when I first became SAM RS. Twenty Twenty six hundred ten year old at home and the reality of not. A lot of people knew that because the secret I did I did being a team or not ought not a story I shared. It was a shame I carry and so when I first got a big team of people that was responsible responsible for as their leader. I really didn't want them to in addition to me being the youngest. CFO In the history of that department. Want them to think about me being a teen mom and just use it against meow here. You know you're inexperienced. You can't do this. You can't do that. I was just so ashamed of my age and you can imagine trying to be an effective leader carrying what kind of shame in those types of secrets. Not going well for me. So when I became a sleepover Messing it up pretty bad for you know four to six months depending on who you ask and it wasn't until I realized you know. Hey if I'm going to go down I'M GONNA go down being myself and I went into work and ask my team for help kind of admitted. Hey I'm really insecure about my age. I'm insecure about being the youngest person in every room. I'm in and the reason is because I had I had a baby at sixteen so I've been been the youngest in every part of my life in every aspect of my life than the judgments I received for being too young to be a parent or become apparent It really created a real walser me that I have now carried into my career and I. I just need your help in most of the people that worked for me at the state had been there longer than eh been alive and so you know to try to pretend that I was gonna be able to leave them without their help. Knowledge expertise was just silly announced the day I kind of learned how poor it my story was how important being a mom leads that it actually was making me a better leader and gave me some really interesting perspective did on my career and then also leadership was something nothing to do with how good I was at being financial technician and that really really for me. Leadership was about being a member of a team and being a visionary on a team but then also that I'd have to ask for help as leader for the rest of my life. The experience made me fall in leadership. So this powerful and when you when you just came clean with your team what was the response. Well I'm so grateful for that moment because it taught me the power of Boehner ability as a leader because they rallied around me from that. Hi Dave forward where they understood you know my weaknesses in the areas where I was feeling very exposed really did their best film those gaps. There I call all that those people that were from back at the state to this day when I'm feeling Like I'm having a hard time or feeling shame or I'm a nervous to be vulnerable in situation or I'm going to take a new job. I get their advice to day. Become some of my greatest mentors in the world and they worked for me in and they taught me so much about myself and so much about. How much people want to be there for you when you could be authentic invulnerable? There's so many things about that story. And it's one of the things that in the vulnerability absolutely and then the other part about. It is the fact that we lead from all sides right. We can be a follower. We can be a leader and we show up at all of those different ways when we are showing up As love that in. That's really what what happened. Open there. I do nothing this. I do. Leadership workshops with my horses. I didn't know that yeah and that is one of the most fascinating Canadian Things that that comes out of that when we do work with the horses and like last year for example we did with Lockheed Martin's leadership team and it was so powerful. What you see is is how when you start doing the work with the horses? And they start responding and reacting with with the team you start to see where leader where leadership can show up in different formats whether leadership followership and then the other part of that is vulnerability really comes or through some all of that. So it's it's pretty cool to be able to bring the horses in. Let Them Mirror. What's happening on team? Oh I love that I love that you think about the vulnerability that you shared back at the time and if you would have been able to take that whole team together together and be with the horses there would have been some really magical things that would have happened to unfold with. thatt's so that's that's what popping up for me on that. Yeah I love that that. Just stand in the face of this creature that show strong an inner. That really is what you're looking at when you're thinking about leadership you know window. I have to be the strongest in the room. When do I have to let someone else? Strengths come out. Where do I have to let people know? I'm scared or I'm struggling so that they can step in to help me the and that's that's leadership that's what it is that's cool. That's really cool. So tell us more about the ARC wave your your career from that point from from the Colorado Department of Public Health. After I left this state I decided to go into corporate America which was a really interesting transition. People met I was crazy and I went over to the West Division of comcast as the manager of financial planning and analysis. I got a lot of feedback. Tweaking not huge title title and responsibilities shift but I was really specific that I wanted to learn forecasting and projections. You need I needed to go into corporate America to do that to me. It was a gap take my financial portfolio. What I saw for myself for the future extinct much about titles at the time and I really don't to to this day probably been clutch about titles and so I just said you know I wanNa do this? I know that there's a gap in my finance portfolio than I can get and I did. I went Karadzic manager in I had one who on employees for for about a year and it was amazing. The great time of learning and I'm getting to work a really cool strategic credits guerrilla spending so much time With my team or managing people are really eat higher levels of that I had before in the night did about three years. I was promoted to Director Financial Planning Analysis for the West Division About a year and then I was a director for about a year denounce reported to the vice president of finance and business operations for the West Division of comcast comcast for five years And then in Journeyed back into what I call is my mission work and now the chief financial officer for the Colorado Trust..
"chief financial officer" Discussed on Anderson Cooper 360
"So I think that would have been more between would would he knew? I mean, if he's Ellen was were as chief financial officer. Does he have access to all the financial records? He probably does. Yeah. So he could have looked at tax returns. He could have looked at. I mean would have access to he would have access, but I don't know for instance, tax returns, he didn't do them. They had accountants that too. But if Michael cone is consulting with Allen Weisberg about how to pay hush money to a porn star. That's out of the realm of most chief financial officer. Yeah, I would say so, but again, I think of him more as Donald's accountant than a chief financial officer of a big company. Well, I mean, that's that's interesting. If he's done accountant than he certainly knows. I it sounds to me like he would know a great deal about the personal MAC nations of growing. I think that that was one of his main jobs to do all the do everything that Donald spend money on sees me. I and Trump spent money on or, you know, need to need to collect postal. It was all Allen oversaw all that. I'm sure of that. Right. So if that's the case if he's got other payments to two women, if there are other, you know, he's got a loan problems. And he's got you know, Felix Seder who has an office on the floor who had former ties to to to Russian mob figures. Alan Weisselberg would be aware if it had to do with Trump's direct on postal finances. Yeah. Through a Bank. Maybe not right, but from zone, personal finances seem seem to me to be at the core of this. I mean, they appear to be absolutely. Yeah. What's he like? He used to be when I knew very well. And I knew him. Well, he was a very low key guy on the humble kinda guy lived in queens, not queens on Long Island hit called Donald which recall everyone called him down. And he called him, Mr. Trump. He was you know, that kind of he was a Mr. Trump guy. It was not in the top tier so to speak. It wasn't in the inner circle. But it was you know, he did it. Shop would Ellen will sign off things without Mr. Trump's and all I do not believe that anyone would sign off on anything major with it. That's the way the organization worked new had, you know, had oversight at of everything some kind of approval some level. And it was just set up. I mean, because I, you know, most organizations aren't necessarily people delegate it. That's not the way the Trump organization. People tend to think of it as this massive. Right. He talks about ten thousand employees. It's just you know, when I was still it was only seven or eight people, and then it grew. But I mean, you know, we've got certainly people can do their own thing. People have responsibilities. But what are you talking about ten thousand employees? I mean, he's talking about groundskeepers at Of course, four. not casino. I don't know if he's still has that kind of I don't think he has many dealers. Good to talk to you. Thank you for making my pleasure. Want to check in with Christy? What he's working on Chris Anderson. The call I got with me who. Mccoy got one of your as my son. I saw you're saying playing ball earlier in the in the high. No he was record. He was recognized. I would I would have offered to like play ball. But it would be embarrassing, but Anderson ruin the game for you. Because you'll realize you'll never be that smooth. So the female of the show tonight is integrity. We're looking into different types of integrity by the Democrats, and what's going on with this presidency. Morio? What is a simple definition of integrity? He ability to do the right thing. Even though even if you know that you're not gonna get caught. Yes. Even if you won't get caught. Will you still do the right thing? That's integrity. You have integrity. I love you. So that's what we're going to be talking about on the show tonight. We have a congressman who is leading the fight for oversight..
"chief financial officer" Discussed on Bloomberg Radio New York
"The euro dollar thirteen eighty four and the yen one thirteen point one three Nathan. Darren we continue to follow the latest developments on trade. Top officials from the US and China are still talking despite a diplomatic dispute over the arrest of Weiwei's chief financial officer, Bloomberg daybreak editor Christine Burke has details. Chinese vice-premier? Lewis spoke to Treasury Secretary, Steve Mnuchin and US trigger Representative Robert lighthizer, they held a phone call and discuss the timetable for future trade discussions and also just kind of laid out a road map for how these discussions might go over the next couple of months, there were also some reports that these officials talked about potential agricultural purchases by China and some changes to economic policies also discussed it does seem like a signal that talks are continuing in the face of these tensions. But it remains to see what's going to happen with the wall a case now both sides, so far signaling they want to treat trade talks and the Y cases separate issues. Meanwhile, a judge in Canada adjourned the bail hearing for men long Zhou until later today saying he wasn't satisfied with a bail proposal from the chief financial officers lawyers. Bloomberg's Natalie oh Biko Pearson reports from Vancouver one of the term that they offered in their proposal was to have her husband acts as something called a sureties. So that is a per. Person who acts essentially as a guarantor somebody who puts up some financial assets to ensure that the person doesn't flee. The judge has said that her husband is not a resident of Canada and cannot be put forth as the guarantor. So he called airing to a close and has suggested strongly that the defense come forward with somebody else to act hersher, ready and mangas accused of guiding an effort by wall, wait a mask of violations of sanctions market. Sorry. Karen, now market volatility shows. No sign of slowing the S and P five hundred posted a modest gain yesterday after falling as much as one point nine percent. Quick Tatreau is founder Joel financial we became way to oversold. We are now do for in my opinion. What has started a ended the year ballots in rally, but one hedge fund pioneer says the current climate may turn sour for investors. Looking to buy and hold Paul Tudor Jones tells Bloomberg high market volatility is likely to continue into the new year. This might be. Be a better time to be a trader then to just hold because I don't know if we're gonna have a huge amount of transit could just be enormously volatile period with a lot of back and forth. Paul Tudor Jones thinks next year. Could look a lot like twenty seven when stocks climbed to record highs before the financial crisis. Brought on a recession. Brexit is also weighing on sentiment with UK Prime Minister Theresa may pushing the vote on her deal into the new year that has J P Morgan Chase boosting the odds of a no deal outcome. James Sullivan is head of equity research for J P Morgan we actually took our odds of no Brexit outcome off from twenty percents a week ago to forty percent so significantly greater odds of a no Brexit outcome, which will have dramatic impact on market. Meanwhile, blue bay asset management sees a second referendum as the most likely outcome and also expects the pound to head back to its weakest level since the Brexit vote right now sterling is trading at a dollar twenty six. Oh, five in Asia today assets in India had a volatile session after the country's central Bank, governor resigned. Bloomberg's Juliette Sally has more from our Singapore bureau. Good morning. Juliet good morning. Nathan. And Karen, the nifty turned positive in late Indian trade off too early at being down as much as one and a half percent after exit. Polls showed prime minister Modi's ruling party was leading in a case day in the country state elections, the repay also pared losses, but it was still trading lower against the a strong again weighed on Japanese stoke sweet the topics closing down by nine tenths of one percent in Tokyo Stokes in Hong Kong and China roses, top Chinese in American trade officials spoke by fun ten inches. Gained. In Hong Kong on news. It's music IPO. Could be priced at the midpoint range in the US..
"chief financial officer" Discussed on Bloomberg Radio New York
"At this time of day. Dave Wilson, Bloomberg stocks editor columnist and blogger at mlive go on the Bloomberg a lot going on today. High risk off feel across the board. I have to wonder is this because of the Weiwei CFO's arrest in Canada, or is this because of growth concerns, more broadly as we're seeing an oil and forward for a break, even rates, etc. Short answer is. Yes. Okay. Thank you. Appreciate that. All right. We're down here. Let's face it. I mean what we're seeing is a continuation of what we had on Tuesday. So you have to ask. Well, what's really different? And the short answer is not much the concerns out there about where we're headed from here. You look in the bond market you see yield curves inverted backup. Because actually something is different today. You are not seeing an acceleration in the flattening of the yield curves are inversion on the short end. You're actually seeing a bit of a steepening on the lung. And in other words, people are actually expecting the fed will take their foot off the gas, perhaps even not hike again next year. So I mean, you're starting to see that show up in interest rate futures. I just wonder that's that's a shift. Yeah. It's not enough to really change the equation now and beyond that you have to ask the basic question of buying it. People are kind of wanting to bonds for safety at this point. Mean give me five losses. We've seen in stock. We don't often do a particular at the five year right now. Seven o percent. So that's that's one basis point below the two year at at two seventy one right? At twenty eight thirty second increase in the long bond, the thirty year three point one two percent. So the move the flight to safety as you just described. That's where people are at somebody's spend their money, their what has that look to it, anyhow, I mean, especially given the back to back losses. We're seeing stocks and bitter irony when you think about December being the best month of the year historically, going back to nineteen fifty. And you look at what we're seeing so far really does fly in the face of that history. So you have to wonder what is it exactly? The people are focusing on trade kind of front and center. No question. What the bond market, maybe signaling in terms of where the economy is headed from here is another piece of it. So you know, you put it all together in the outlook just is playing out. Well, you know relatively. Largest trade gap in the month of October four decade. Yeah. So it's going the wrong way. Yes. I mean, the idea behind the tariffs is supposed to bring trade back into line in some measure in. It's not happening. So, you know at the same time. Okay. So we headed off the higher tariffs for now. But then the question is what is really going to happen, especially given the backdrop with the chief financial officer. And then you have oil, and this is the other side of it. Right. You have just general feelings of a possible slowdown in the global economy, but OPEC meeting today, and there is word out that they may not get an agreement until tomorrow that they may not cut production as much as people were expecting these things have all sort of produced a sort of push lower in the price of crude. And are we seeing that play out in equities? It's interesting to see that happen now. Because we've heard from slumber J new oil services business, and they're talking about how they're expecting revenue from the US and Canada fall fifteen percent this quarter from last quarter. And it's all about lower oil prices giving fracking companies reason for second thoughts perhaps and stepping up production numbers eight down four percent right now. Right. Plus we're getting toward the end of the year. So they may be spent their expansion or exploration budgets already. And it's just that's a part of the bigger picture. At a time. When when yes, sure OPEC and consider cutting production. But now how much of a difference is that necessarily going to make it also at least just a follow onto a comment that you made having to do with the Federal Reserve and the potential for maybe no price. No interest rate increases in nineteen or not as many as people had forecast. We'll take a look at one group of stocks. That's doing actually well today in the market selloff Polti group Lanar, and DR Horton, all housing-related all up, and I would offer that one reason might be because if money is going to stay cheap. Yeah. That means that it's going to be not that expensive or at least less expensive to get a mortgage house. There are also coming off a pretty low base. They are for me for a long time. Certainly, you know, I've seen housing analysts talk about how this is seasonally the best time of the year for the home builder's because. So here we are they're gearing up for the spring selling season. And that tends to be once that plays out, and when things sort of back off so you have to wonder whether that seasonal dynamic is at play here. When you look at these stocks that said, I mean, certainly what's going on with the bond yields coming down potentially mortgage rates going with them. It's gotta be a plus for the group, and we're going to be speaking more about the housing market in general later in the show, Gerald gutter men's senior principal partner. I got him in partners who predict a significant decline in the high end housing market in the US. Also, we're going to be speaking about left right because they filed a confidential. Confidentially for a US IPO initial public offering. Now granted this has a lead time of a number of of of months or even years, but still interesting timing. Anyway to be continued Dave Wilson, Bloomberg stocks editor columnist and blogger mlive go on the Bloomberg. Thank you as always for joining us. We are broadcasting live from Bloomberg interactive brokers studios care alongside my colleague. Co-host Pimm FOX definitely sort of darker tone to the market today. But I doesn't seem to be sort of a runaway action. The same kind of way, no s and p five hundred down forty eight points twenty six fifty two. Let's head over to one studios.
"chief financial officer" Discussed on News Radio 810 WGY
"Eight sixteen and we're talking to Steve who say in one minute about New York ranking of the top of the list of Lee's tax friendly states. I the money, news empathy. Sikora hate the trees. Hey, good morning Kelly. You know, yesterday, we were talking about General Electric earnings were out they were disappointing. Their shares tumbled eight point eight percent yesterday to ten dollars eighteen cents a share. That's the biggest drop since March of two thousand nine in the first earnings report under new CEO Larry called the company revealed an expanded federal probe into its accounting a slashed dividend and the power business problems. They've got plans to resuscitate the power business are going to start with the split into one unit. Will combine gas and services groups second will hold the steam, nuclear grit solutions and power conversion assets. But takeover is going to take time chief financial officer, Jamie Miller said the power units difficulties will persist longer and with deeper impact than expected stocks in general yesterday had quite the tumultuous day, but they did end sharply higher. All major averages rising at least one point four percent. The Dow industrials four hundred thirty one points, NASDAQ up twenty eleven and the s&p up forty one. However, the s&p is still poised to post its biggest monthly decline since February of two thousand nine it's down about nine percent for October. Our futures this morning pointing to a positive open SNP up almost fourteen points. Nasdaq up sixty one from the Bloomberg newsroom, I'm Patrice Sikora on eight ten in one zero three one WG y beg of trees right now. Mostly cloudy, twenty nine degrees. Eight.
"chief financial officer" Discussed on Talk 650 KSTE
"Chief financial officer for the? Trump organization is. Being, granted immunity in the Michael. Cohen probe Cohen the former attorney to President. Trump pleaded guilty this week to committing a campaign finance violation by paying two women to silence them during, the two thousand sixteen, presidential election Trump organization, CFO Alan Weisselberg was reportedly sent a fake invoice by Cohen for a payment to adult film star stormy Daniels hurricane lane is. Losing strength and slowing down on its northward track toward the, Hawaiian islands Hawaii governor David Ige we fully, expect that, hurricane name, will pass and we all are committed to restoring normal life as quickly as we, can at two, this afternoon lane was a category. One storm still packing sustained winds of eighty five miles per. Hour a federal judge in San Diego is giving a thumbs, up to the government's efforts to reunite immigrant families that were separated at The border US district judge Dana Sabra said today he's. Very encouraged by all that's being done to locate, parents who, were, either deported or. Released into the US he applauded the government for providing contact information. For three hundred and, forty-three parents. Who are no longer in the country Senator John McCain's daughter is giving thanks to supporters after it was announced the maverick Republican will stop medical treatment for brain cancer the Arizona lawmaker was diagnosed with an aggressive form of brain cancer last year today Megan McCain tweeted my family. Is deeply appreciative of all the love and generosity you have shown us during this past year thank, you for all your continued support and prayers we could not have, made it this far without you you've given us strength to carry on Tom Roberts NBC News Radio suspended Ohio State football. Coach urban Meyer is apologizing to the ex wife of former wide. Receivers coach Zac Smith Meyer issued the apology to Courtney Smith on Twitter today you're listening to the latest from NBC News Radio This, is a Bloomberg market minute Federal Reserve chair Jay. Powell appeared to confirm that interest rates will be raised again next month but Powell gave no indication during his. Speech in Jackson Hole that the central Bank intends to accelerate the pace of rate hikes that helped boost stocks the Dow Jones industrials rose one hundred thirty three points or half a percent to twenty five thousand seven ninety the NASDAQ closed up. Sixty seven points or eight tenths percent the s. and p. five. Hundred gained eighteen, points or six, tenths percent the NASDAQ and s&p closed at record highs a. Verizon executive says internet speed caps have been. Removed for all first responders along the west coast. Where firefighters are dealing with wildfires and in Hawaii which. Is being hit by hurricane lane the Santa Clara, county fire, department is, suing Verizon charging. It's, internet communications were throttled by the company hampering efforts to battle a. Wildfire, the crude oil futures rose to sixty dollars and seventy two. Cents, a barrel in New York Jeff Bellinger Bloomberg, radio Eight The former head of the CDC and New York City health department faces sexual misconduct. Charges some freidan surrendered to authorities in New York. City after police, say he allegedly groped a woman inside his Brooklyn apartment last. Year he's charged with forcible touching sex abuse and harassment police say the woman made the complaint last month freidan headed the CDC from two thousand nine to two thousand seventeen and was Commissioner of New York City's health department from two thousand to two thousand, nine rob Dawson NBC, News, Radio New, York durable goods orders are down more than twice as much as analysts expected orders for items meant to last at least three years. Fell one, point seven percent in July dragged down by a big retreat in aircraft. Orders analysts had forecast a decline of eight tenths of a. Percent the Commerce Department reports orders for non-defense. Goods other than aircraft were. Up one, point four percent last. Month the draft population has fallen over the, years but the humane society, says there's a growing trend of giraffe products selling in the united states more than forty thousand draft parts were brought into the u._s. from two thousand six to two thousand fifteen and then turned into legal sale items that's according to a report released by the humane society footwear pillows jackets even bible covers all made from draft skin and bone the humane society says demand for these type of items is increasing and that's despite the draft population decreasing.
"chief financial officer" Discussed on World News Tonight with David Muir
"We'll stay in the country listening to the farmers, Terry. Thanks to you again tonight, and there was another major development involving the president today and his company tonight, the CFO of the Trump organization who has handled the family's finances for decades has now been subpoenaed in the Michael Cohen case, here's ABC's chief Justice correspondent Pierre Thomas tonight. He is perhaps the most powerful person in the Trump organization not named Trump the company's chief financial officer Allan Weisselberg and tonight word. He's been subpoenaed by federal prosecutors. Why? Berg at Trump's side for decades, even doing a cameo on the apprentice replacing George this week is my chief financial officer Allan Weisselberg. And you'd think George is tough. When you see Allen currently runs the family's company along with the president sons, Eric, and Don Jr. and he's now caught up in the wide ranging. Financial investigation of former Trump fixer and personal attorney. Michael Cohen, prosecutors in New York also examining whether Coen broke laws trying to quite women who claimed to have had affairs with Trump why so Berg front and center in the newly released secret recording where you can hear Trump and Cohen apparently discussing a plan to buy the rights to the story of a playboy playmate who says she had a relationship with Trump on the recording corn proposes creating a show company to do the deal spoken talen Weisselberg about how to set the whole thing up with funding. Yes. Prosecutors now using a federal grand jury to Christian wise Oberg, the president's loyal, longtime deputy, who knows all there is to know about the Trump family business. All right. So let's get the Pierre Thomas with us live again tonight from Washington NPR. We know that prosecutors are now listening carefully to that recorded conversation with the president in which Michael Cohen actually mentioned that CFO Alan Wiesel Berg in connection. With the hush money payment. That's right. David, that tape is up high interest and they just got access to it this week. Why still is a key witness and a gateway to knowing more about the president's finances wrote in one of his books, Allen has been with me for thirty years and he knows how to get things done. David ABC's Pierre, Thomas tonight peer..
"chief financial officer" Discussed on KBOI 670AM
"Looking at having my accounting background and my financial skills and talents i looked at cash flows and i found there was substantial shortfalls that we're going to happen in the near term it we pull the team together executive team in different businesses and we went through budgeting we went through other areas of investigation of of capital expenditures and so forth and determined that we sort of maybe grew the amount of the exposure than i that i i identified and at that point i was asked to become senior vice president finance there was not a chief financial officer there was not there was not that structure was a very flat organization a lot of separation senior executives got behind and set time we'd like you to be senior financial officer chief financial officer my title was senior vice president at that time senior vice president finance am i assign was to go raise the capital try to find the nonperforming assets get us to where we could cover the cash flow needs of that that business and there's all kinds of reasons you can look back in the past as to what was the major reason for the shortfalls of the cash that came out later a couple of months went by we kept seeing a little bit more deterioration we started looking a little harder the board got involved the corporate board we had a meeting early in february the following i joined in august the following february the chief the ceo president and chairman one person left the company and that board meeting we had a new ceo a new coo and i was chief financial officer at that time two or three months later we have a new outside chairman come in i think it was two to five couldn't remember if it's three or four or five months we i had the outside chairman and then we had an executive vp edp cfo who then i started reporting to so my highest ranking at morrison knutson was chief financial officer there you go sometimes i get those emails like they're asking a question like get ya well anyway i appreciate the the answer on that one we also i want to talk a little bit more about that about as far as the bankruptcy goes because sounds like you had a short stint there how long were you at morrison commutes in total time.
"chief financial officer" Discussed on EOFire | Entrepreneur on FIRE
"Job so give yourself that time every day for the opportunity to give yourself space now del i want to end on fire brother will you giving us a parting piece of guidance and then letting us know where we can view and then we'll say goodbye your first so i guess i'd say from my perspective watching a number of entrepreneurs sell their business entrepreneurship is not only a lot of fun but in my view it's the surest way to financial security you get to pay yourself more you can generate better returns on your own capital the tax code is is helpful era advantageous for this and if you do a well to will you sell your business and even if you decide not to start a business thinking like an entrepreneur as manage manager career and you think about yourself as selling your labor is a really important concept and that's what i try to bring home in in the book i published of which is called family anc using business principles to maximize your wealth and that you can find more about that uh obviously it amazon or family inc that's f ami l y inc dot com fire nation you're the average of the five people you spend the most time with you have been hanging out with d m and jld today so keep up the heat and of course head over to eofirecom and inches type dug in the search bar his show notes page will pop up with everything that we've been talking about today these are the best show notes in the biz timestamps links galore anz and swansea doug thank you for sharing your journey with fire nation today for that we salute you and we'll catch you on the flip side john thanks for having me on the show hey fire nation hope you enjoyed our chat with doug today and make sure you're checking out our free podcasting course so that you can create grow and monetize your podcast freepodcastcoursecom i will catch you there or i'll catch you on the flip side.
"chief financial officer" Discussed on EOFire | Entrepreneur on FIRE
"So i like a site called the investor podcast dot com known as the investor podcast they have a great series called we study billionaires to very highly rated um um you know kind of investment financial services podcast and they review great books and they get interesting investment kinda gurus or or authorities on there and they're really cover all the broad range of topics of the day so today it's about you know bitcoin warren buffett fang stocks hedge fund investing so it's a pretty interesting resource for for someone like me who's interested in that those markets and how often they poyton episodes there about weekly recommend one book in cheer y out of full disclosure this is a written by a friend of mine is names mike irwin and and it's also co authored by ray catholic church odds called leed yourself first and mike is a social entrepreneur and he started to nonprofits and the premise of the book is that they study great leaders in history like general eisenhower martin luther king and they've interviewed some some current day leaders and essentially the premise of the book is that these leaders used solid two quiet time for reflection as an important aspect of their leadership and a source of creativity clarity balance and moral courage and avocado of history buff so really enjoyed the the history aspect of it uh but it was a fun read and i think personally so timely in an environment like today were technology continues to rob us all of the quiet time we have it was helpful for me in terms of being more thoughtful and proactive about controlling the amount of interaction i have enforcement quite time for myself furnish muslim humans were taken a step back and his breathe and just like thought his giving yourself space i mean you we live in this world wears just mounts men's everywhere notifications deems beep deng you name it is all happening all the time no wonder why we're not coming up with original thoughts are like really having some deep deep thinking and that's where all the magic happens that's where the good ideas have.
"chief financial officer" Discussed on EOFire | Entrepreneur on FIRE
"Make personal health your priority than you should check out eight fit eight fit turns working out in eating healthy into the easiest thing on your todo list first they have an app that provide short effective workouts that are perfect for squeezing into any schedule all it takes is twenty minutes for less and you don't even have to have equipment so you can do them at home or on the road and what about eating healthy eight fit has meal plans that are tailored to you in your goals in customized down to the ingredients the end result you get a plant they meet your exact nutritional needs start building habits free healthy lifestyle today visit www eight fit dot com slash fire to claim a special j ld listener discount on an eight fit pro membership that's www dot the number eight fit dot com slash fire doug are you ready to rock the lightning rounds let's do it what was holding you back from becoming an entrepreneur balance sheet i didn't realize the consequences of some of the decisions i made early in life as an active duty soldier got married young kids went to business school incurred a lot of debt so my job number one was paying off dead before i i moved out on the entrepreneurial risk herve what is the best advice you've ever received time horizon is a competitive advantage i think most people most investors think about things if they're thinking longterm it's often a year or less and i try to force myself into making decisions around five and 10year payoffs and i think you if you do that you really change the kind of decision jamais what's a personal habit that contributes to your success i'm a list sky so i made a list every morning and i work hard to put on that list the things that are important rather than the things that are timely and i find when i don't make my list i take care all the time we stuff and never get the important stuff recommends one internet resource.
"chief financial officer" Discussed on EOFire | Entrepreneur on FIRE
"Vie we good teams would that be your biggest takeaway i mean what is the one take with you want to make sure the week gets from your worst moment from that story here that i think um investing and entrepreneurship and business in general the numbers are a good way to keep score but the numbers are not the game the game is getting everybody aligned getting everybody on the same page in terms of your strategic vision and and getting the organizational capabilities to go execute and so it's about building a team and you know working as a team so they'll give it a lots of great ideas over the years them evestment bad ideas let's be honest but you've got some great ones to you've had those moments what would you say is one of the greatest moments would make a really good story for us right now take us to that idea tell us that story here so um i have a a an aha moment that has been a little bit of a recurring theme and so i am an old economy investor so i'm investing in mostly business to business industrial products and services companies we purchase business whereby buying with a fair amount of leverage or or debt and for the most part these are relatively safe slowgrowing businesses certainly compared to the new economy you know the entrepreneurial startup could economy and so one of the things that we've done very successfully is fired or economy businesses that are benefiting from new economy change and i really think this is an interesting approach because it allows you to participate in a very exciting secular growth opportunity and the benefit of an innovation and it's often cheaper and a lot more business risk and so for example as everybody knows ecommerce is dramatically changing the way that distribution occurs in in every supply chain from things like imports from asia amazon you know even homedelivery for food through over and what.
"chief financial officer" Discussed on EOFire | Entrepreneur on FIRE
"Not about the income you create is an entrepreneur year year but it's about building a business that will not only survive but can thrive without you and if you do that you can sell the business at exit or when you decide leave and that's where the real juice that's where the real wealth creation is douglas talk about we you consider your worst entrepreneurial moment date amy van a agree moments throughout the years but what's the worst was the lowest of the low tell us that story so so john i'm the good news bad news about the investment businesses i have many low points you know you too know it's a it's a business where if you're batting more than five hundred you doing pretty well i'll give you may maybe a couple the first is i've made the mistake of buying bad management teams for cheap prices and so for example i've got involved with a really nice businesses they have a nice business model their growing in a nice market and i thought i could price opportunity very attractively and alta maly what i concluded is the team was pretty mediocre we ultimately did the deal and for the next several years it was absolute pain in terms of working with a team that was not aligned with us and also you know really tried to implement change with a team that wasn't up to the task and so uniting the big takeaway for me on that one is really hard to price something cheap enough if you don't have a good team and the numbers that accompany producers in terms of its financial metrics don't just happened they happened because there's a team behind it in and the real important part of the game in my businesses evaluating good teams that last point is important.
"chief financial officer" Discussed on EOFire | Entrepreneur on FIRE
"On a personal side mary two children that are rapidly approaching adulthood mom actor in the veterans space give him my army experience in an avid college wrestling fan outdoorsman and hunter love all of that ends thirty against my one question would be what with all we hear is your current area of expertise like what do you think really separate you from the best knowledge wise i've got really deep experience in investing and i think the kind of investing idea which is private equity is less about a dental find miss pricing in the market and more about helping people build quality businesses that are durable and can sustain longterm value and i'm very passionate about how to apply some of those skills to individuals personal financial decisionmaking so what would you say is something that we as entrepreneurs typically don't know about that area of expertise you've acquired that would be really helpful for us to now he i think there are a couple things that i see entrepreneurs often miss price if you will and the first is that for many of us especially young folks labor is by far and away the most important asset that we have and if you think about your labour as an asset and a lifetime opportunity to generate income from that asset it kind of religious changes the way people think about their career decision making and you begin to ask questions like how does this choice impact my lifetime earnings or my brand or my skillset and less about you know how much am i gonna make this year and so i think that mindset is very important i think the other thing i see frequently is um the real jusen entrepreneurship is.
"chief financial officer" Discussed on EOFire | Entrepreneur on FIRE
"What's she can fire nation j l d here and welcome to episode 1900s in 18 eofire where i shall with entrepreneurs on fire seven days a week and it's time fire nation to accomplish your number one gold one hundred days visits the freedom journal dot com now let's chat with today's featured guest duggar mccormick doug are you prepared to ignite prepared to ignite john episode 1918 doug possesses a lifetime of experiences as an investment banker investor and entrepreneur that make him in authority on how you can create financial independence in accumulates real wealth that take a minute fill in some gaps from that intro and give us a little glimpse of your personal life hey sean thanks so much for the intro as you can tell by by all those whereas jobs on relatively old in a bit of a journeyman um i've had a bunch of different careers i started out in the service in the army and concluded that was a great experience but not going to be a career for me and so transition out into business school at harvard and did investment banks and for a while which again i concluded was a great experience i learned a ton but but decided i was more interested in the by side and so i joined a private equity firm for several years and then ultimately became an entrepreneur almost by accident as i started my own investment firm with a couple partners about twelve years ago and so i've basically been involved in the investment business for the last twenty absolutely love it lots of opportunities to be creative than challenge yourself he hit me great entrepreneurs along the way having said that lots opportunity for failure and so it it can be a humbling experience.
"chief financial officer" Discussed on Bloomberg Radio New York
"Jarrett well it is that time to bring in dave wilson bloomberg stocks thomas and blogger at mlive go on the bloomberg to tell us what's going on with small and knit cap stocks dave i'm looking at the russell and the russel 2000 is down about seven points i never heard of the tile shop but i'm feeling i'm going to learn some eur pin and the russell actually with a half a percent decline is down whole lot more the the sp 500 which is only lower by a tenth of a percent nd tiles shop holdings who's ticker is tts has the russel steep as drop on own improve retailer has fallen twenty four and a half percent second quarter earnings and sales fell the meet analysts average estimates the bloomberg survey and has g networks ticker msg and has lost nine and a half percent the new york post reported that the cable sports networks effort to find a buyer has yet to uncover one it's been going on since april according to the paper citing unnamed sources cirrus logic ticker cr cru asses dance six percent after receiving its first sell rating and more than two years barclays move to the equivalent of cell from hold on the chip maker and then one of the russell biggest gains blows two puma biotechnology ticker key y is risen eight percent after receiving us approval for its first drug breasts cancer treatment and acoustic technologies ticker a k t s has risen nine and a half percent the maker wireless components the former executive the chipmaker corvo as its chief financial officer thank you so much dave wilson bloomberg stocks editor communist and blogger at mlive go on the bloomberg well net flicked shares are soaring everyone's back in love with this video streaming service and yet that cash burn just always is amazing to share of who joins us now share of the bloomberg gadfly columnist who has been talking a lot about this over the past few days and i've impetus i thought why don't we talk to each other to each other cashflow we have same conversation over and over again i hear so what's going on here why are stock investors dismissing the fact that this company just can't seem to make money but look at everything is a tradeoff for eight in in how you run a company a netflix has made a concerted strategy to.
"chief financial officer" Discussed on Bloomberg Radio New York
"Hong kong six thirty pm in new york city i'm rishaad civil in our brain kurdish for about an hour and a half away from the action in tokyo sydney and so getting underway three hours out from hongkong and shanghai getting started at the moment we've got the new zealand cash market a little bit lower the nikkei futures trading higher let's take a look at the top business stories of the hour ride will that we've got to be moving jj trading revenues down in the second go to partially because of low market volatility marianna lake is the bank's chief financial officer i don't have we are down norman normal technical what about more normal income down law leg saying that she doesn't see any particular reason those trends would change in june at the same time bank of america chief executive brian moynihan says that the terms trading revenues will be ten percent to twelve percent lua will fitch ratings has placed by do on negative watch for a possible ratings downgrade over its growing shadow banking business in particular fitch sites to rapid growth of wealth management products these investments are created using different assets and the composition is typically unknown to the buyer by do has entered the w m p market by rapidly growing its financial services group and fitch says that has heightened by do's overall business risk apple is set to have started manufacturing assiri controlled.