35 Burst results for "Chief Financial Officer"
Allen Weisselberg Testifies Trump Family Not Involved in Tax Fraud
"Don't want to pass up on this There was testimony today in a courtroom in New York City How about the Trump organization And Alan weisselberg a senior adviser former chief financial officer at former president Trump's organization He said he conspired with a subordinate to hide more than a decade's worth of extras from his taxable income Ready And I quote but that neither Trump nor the family were involved Excuse me But neither Trump nor the family were involved Can you tell me why that's not the leading story on every single cable news show I haven't even seen it once Can you tell me why that's not the lead story the headline at the New York Post front page Let's see if it is tomorrow Can you see if this is going to be the headline on one of the editorials from the office nerds at The Wall Street Journal Maybe it'll be a headline at the national review legal analyst Andy McCarthy He'll jump into this no question about that Let's just see Ladies and gentlemen how much the media how much the media focus on this
Elon Musk Seems to Answer to No One. Except for a Judge in Delaware.
"Elon Musk takes over at Twitter Hours after saying he didn't want Twitter to become a quote free for all hellscape Two people in the know say Elon Musk has taken over the company firing the CEO chief financial officer and general counsel The apparent takeover just hours before a deadline set by a Delaware judge to finalize the deal Friday She had threatened to schedule a trial if no agreement had been reached On Thursday Musk stated the reason he acquired Twitter is because it is important to the future of civilization to
"chief financial officer" Discussed on Bloomberg Radio New York
"Ill will or bad intentions. Quite the opposite, in fact, that mistakes nonetheless, and I have been elected as leader of my party and your prime minister in part to fix them. Zona is keeping Jeremy hunter's Chancellor, but it's still unclear if the government will stick to its planned deliver a fiscal statement next Monday. James cleverly the foreign circuitry speaking this morning saying thought that is something that is still being considered elsewhere though we are looking at the slew of bank earnings this morning and the positive trend that we are seeing across those set of reports Santander posting third quarter net income of €2.42 billion up on the analyst expectation of 2.2 billion with the Spanish retail banking giant is preparing for trouble ahead with Nat loan loss provisions rising 24% in the third quarter compared to last year. Chief financial officer Jose Garcia canteras says he's not worried about a crash in the UK housing market. Most of what we're doing in the UK is mortgages. This has been a very dynamic market in the last couple of years. It continues to be very dynamic. We are increasing our market share. We are providing credit and we don't see any impediment earnings in the UK or profits in the UK show show how well our franchise is doing. We are earning double digit return on tangible equity in the UK. But again, the most important thing is that volumes and number of customers is increasing. Well, the UK isn't, as I go see a canteras only concerned the Spanish government also wants to impose a windfall tax on banks as higher interest rates push up profits. A strong trading performance has offset steep declines in investment banking at Barclays trading revenue rose by 45% to 2.26 billion pounds while investment banking fees fell by 45% to 533 million pounds, while rising interest rates boosted the British bank's domestic arm the group also increased charges against potential loan losses in response to the global macroeconomic outlook. In Germany, Deutsche Bank has seen its best quarterly pre-tax profit since 2006, net income for the three months to the end of September rose to €1.12 billion from €194 million a year earlier. Deutsche Bank CFO James von moltke says it's been a very strong period. We had a really outstanding quarter. I have to say with revenues up 15%, rates has more than doubled year over year in revenues and our FX and global emerging markets businesses have performed extremely strongly. Deutsche Bank saw earnings from fixed income trading jump by 38% in the third quarter that's better than the average increase of 23% of the biggest U.S. investment banks elsewhere standard chartered and unique credit also posted earnings beats as rising rates and market volatility boosted their bottom lines. Elsewhere Bloomberg has learned that Elon Musk has pledged to close his deal to buy Twitter by Friday Bloomberg's even parts has the story. Are sorted by the end of the week. That's the gist of the message that Bloomberg understands Elon Musk had for bankers in a video conference call. Sources say the lenders are putting up $13 billion of debt financing have now finalised the credit agreement and are now in the process of signing documentation. The move marks one of the last steps before actually sending the cash to Elon Musk. Many of those banks have been left in the lurch after must sudden reversal of his Twitter plans, they could be on the hook for paper losses of roughly $500 million in London, I'm mu and pot Bloomberg daybreak Europe. So those are our top story, but we want to bring you down more of our interview with the Santander chief financial officer Jose Garcia canterra. He's been speaking to Bloomberg's Anna Edwards in the wake of their latest results, she started by asking him about the risk of defaults as interest rates rise. I think we had an excellent quarter, not only on the back of higher rates, but primarily because we are growing the number of customers. We are already we already have 160 million customers, 8 million more than a year ago. And these customers are banking more and more with us. So our revenue was up for the first 9 months of the year, customer revenue were up 15% year on year. And that drove a 25% increase in net income. We are not seen as the quality pressures yet. Obviously, this will very much depend on the type of slowdown we face in the next few quarters, but the bank is better prepared than ever to withstand any asset quality deterioration that we might see. But again, we are not seeing any quality as a quality pressures at the moment in any of the markets what we operate. Okay, so not seeing any pressure on asset quality at the moment. That's really interesting Jose. Can I home in on the Spanish market? And ask you what your message to the government is in Spain because of course Spain wants the Spanish government has been talking about windfall tax on bank earnings. It's been something that's been talked about in many parts of Europe at the moment. What are your thoughts on that? Yeah, yeah, be interesting to see how the government would define windfall taxes. What do you see on the cost side Jose? Where do you see the biggest cost pressures coming through? Well, I think Latin American economy in general are indexed to inflation. So everything reprices with inflation immediately, of course, management in these economies is very difficult because inflation falls through immediately. In Europe, there is a lag. So we are not seeing the same amount of pressure from inflation on costs. In any case, our costs are growing below inflation. As a group, as a group level, which is one of our key targets, and thus the way we expect to continue managing costs going forward. We've seen, of course, a lot of political activity here in the UK Jose in the UK is a big market for you. So I wanted to ask you about doing business in the UK has what we've seen in gilt markets and the political turmoil has it made it more difficult to do business in the UK. Well, I think the UK is a very important market for us and we are in the UK for a long time. We are there, obviously, to help our customers our individuals and businesses prosper. Most of what we do in the UK is mortgages. This has been a very dynamic market in the last couple of years. It continues to be very dynamic. We are increasing our market share. We are providing credit. And we don't see any impediment in the near medium term to continue to do so. So our earnings in the UK are profits in the UK, show how well our franchise is doing. We are earning double digit return on tangible equity in the UK. But again, the most important thing is that volumes and number of customers is increasing. Are you braced though for a drop in house prices Jose? What are you expecting to see in the UK given the big spike up we saw in gilt yields and then some customers or some providers of mortgages had to either withdraw products or increase the rates I know that your products, you increase the rates, but those rates have since come down a little. I think the key variable to predict house prices is unemployment. And generally, microeconomics believe that, yes, we are going to see a slowdown in the UK, Europe, in the U.S.
"chief financial officer" Discussed on WTOP
"Overtime, both teams are up two games to one in their best of 5 semifinal series. I'm Brian Albin WTO sports The top stories we're following for you this evening on WTO knew this evening, a one year old girl is in the hospital after being shot in prince George's county this afternoon, it happened on good luck road in Glendale around 2 p.m., police say they are investigating the circumstances they don't believe there's a threat to the public. Drivers are seeing gas prices this Labor Day weekend, down from summer highs, although they are still 60 cents per gallon more expensive than last year. Gas buddy says the national average price is now three 79 a gallon. Canadian police said today, ten are dead, 15 people injured from stabbings in 13 locations in two communities of the province of Saskatchewan. People of police have identified two suspects, but they've not indicated a possible motive. Stay with WTO for more on these stories in just minutes. Police are investigating after the chief financial officer of Bed Bath & Beyond fell from a building in Manhattan. The company today confirmed Gustavo arnall's death, the 52 year old was pronounced dead at the scene, though the New York City medical examiner's office will determine the cause of death. Bed Bath & Beyond has faced turbulence recently on Wednesday, the company announced store closings and the layoff of 20% of its workforce to turn its business around. If you or someone you know needs help, call the national suicide prevention lifeline at 9 8 8. Still ahead in money news. What we're seeing about the cost of maintaining a checking account these days. I'm Mark Hamrick with the results of our annual study in my report coming up. 7 18. Traffic and weather on the 8s, Ralph Fox in the WTO traffic center. There is still seeing a long line of brake lights bumper to bumper. This is two 70 on the southbound side between clarksburg and hyatts town, actually the concern is in heights town. It's involving several vehicles last caller told us that there was one stop in the left lane. The others had been moved over to the right shoulder that won in the left lane was non movable so they're waiting on a toe there. The bad news is the backup takes you back to urbana just a long line bumper to bumper until you get through hides down, then you're in pretty good shape because you make your way through two 70. No delays on the northbound side, so that's the good news there. Once you get down to the capitol beltway, we are seeing some delays. This is essentially between Connecticut avenue and three 55. Outside of that, no reports of anything in the roadway, capitol, beltway appears to be moving at speed. On the Virginia side 95, as you make your way south bell, no reported problems through dumfries, across the aka kwon as you get through a quiet harbor down through Fredericksburg, no reported problems northbound there as well. In the district, Connecticut avenue north, west, in the area of cathedral avenue. There was a report of a crash watch for police direction and guiding you through that spot. Back to Virginia, there was a concern Columbia pike was shut down previously this in the area of backlick road due to a crash had lanes blocked in both directions outside of that taking a look at 50 here, 50s in pretty good shape as you make your way out of the district and across the bay bridge, no reported problems or delays in the road. The Baltimore Washington Parkway in good shape at this hour as well, Ralph Fox, WTO traffic. Thank you, Ralph, and now to storm team four meteorologist defense of alley. Oh, we've enjoyed a pretty cooperative weekend so far, Sarah, the only problem is that's going to change as we
Facing huge inventory, Target trims vendor orders, prices
"Changes in spending or forcing some retailers to pull a quick change Minneapolis based target has announced it is canceling orders from suppliers and slashing prices to clear out more home goods and clothing after underestimating how quickly shoppers would shift their spending habits in the past few months Targets profit for the fiscal first quarter tumbled 52% compared with the same period last year a trend seen in filings from a number of major retailers Pandemic favorites like big TVs furniture kitchen appliances and comfy clothing are giving way to travel dining groceries dress your clothes and makeup Target's chief financial officer tells The Associated Press retail inventories are elevated in some of the categories that they miss forecast and their acting aggressively to get business back on track It marks a reversal from the past two years when retailers were scrambling to bring in goods that were stuck in supply chain bottlenecks I'm Jennifer King
"chief financial officer" Discussed on WTOP
"Weeks of paid medical and family leave and 8 weeks of paternal leave At large council member elissa silverman says the city's chief financial officer has found the fund is so flush with money all three categories of paid leave can be expanded to 12 weeks and employers tax contributions are going down to less than three tenths of a 1% Silverman says it's a three way win Workers are going to get access to more paid leave employers get a win because they're getting a big tax cut and the city benefits Particularly on WTO news Down to the COVID face mask debate in Virginia the state's attorney general Jason Miller is asking a federal judge to dismiss a lawsuit filed on behalf of immunocompromised children Here's WTO's Neil Augustine The suit was filed by the ACLU which said Virginia's law banning mask mandates violates the student civil rights since it keeps schools from complying with the Americans with disabilities act But Virginia's attorney general's office says the law says even if masks were effective the law only requires reasonable accommodation be made like students could be given high quality masks not that everyone else would have to wear them Both the ACLU and the attorney general have asked the judge to rule before trial the next scheduled hearing is Monday Nia law can stay in WTO Meantime Arlington county will no longer require masks for the public and most workers while inside county government facilities starting tomorrow Currently the county's infection rate is low meaning you can wear a mask if you want but you won't be required to do it Masks are still required on public transportation and where health or medical services are provided Montgomery county has been without a permanent health officer since September and for the second time a top candidate has declined the job over concerns about the public and political pressures resulting from the pandemic It wasn't until the offer was on the table that the last candidate to become Montgomery county's new health officer turned down the job over how politicized it can become and this is the second time someone's refused late in the process County council executive Mark elridge said it's understandable It becomes real and that hypothetical There's probably a moment of saying what am I getting into County chief administrative officer Earl stoddard And frankly most people don't discuss it with their families or significant others until they're all part of position The county's former health officer doctor Travis Gayle's resigned after he said public criticism led to threats to himself his family and staff Kate Ryan WTO P news In other news we're hearing from a young teenager from Virginia who got a special shout out from President Biden during the State of the Union last night Virginia I made a 13 year old boy the handsome young man standing up there That young man Joshua Davis from middle oath the Virginia President Biden recognized him for his work in lobbying for the cost of insulin to be brought down Which is a pretty big deal to go to that speech and I was the only kid there So it was very very nerve wracking Davis has type one diabetes as does his father Brian Davis He says the work his son is doing is bringing attention to a critical issue Insulin's one of those things that was created years and years ago and really shouldn't cost as much as it does Nick and Ellie WTO P news I head on WTO should Russia's Vladimir Putin stand trial for war crimes for what he's doing in Ukraine We'll talk with someone who has studied this at the foundation for defensive democracies It's 5 O 7 C three AI is solving previously unsolvable problems in mission.
Huawei executive returning as China releases Canadians
"Hi state prison this war between China and Canada is underway following a dispute over the arrest of a wild way top executives several years ago the news hit headlines throughout China while ways chief financial officer among one still has been released and flown back to China after her arrest on an extradition request from the U. S. three years ago the same day to Canadian citizens help by Beijing with freedom plan back to Canada also told media upon her release of happiness that the situation has finally been resolved over the past three years my life has been turned upside down it was it gave time for me at the not the White and the company exactly once reached an agreement with U. S. federal prosecutors to drop four charges against her next year as part of the deal she accepted responsibility for misrepresenting the company's business dealings in Iran I'm Karen Thomas
Google to spend $2.1 billion on Manhattan campus acquisition
"Google is planning to expand its footprint in New York City Google had a presence in New York for over twenty years but now it's planning to buy New York St John's terminal for two point one billion dollars the company's been leasing the former freight facility at five fifty Washington Street and announced that it's making it the anchor of its Hudson square campus chief financial officer reports of the companies looking to invest more than two hundred fifty million dollars in New York this year New York mayor bill de Blasio called it one of the shots in the arms we need as part of our comeback the company forecast the investment lad another fourteen thousand employees in New York City I'm Jennifer king
"chief financial officer" Discussed on MSNBC Rachel Maddow (audio)
"When that happened. I'm not sure anybody really knew what exactly had precipitated. That freak out from him like was he sad. That more people didn't turn out on the mall to get justice for the people who attacked the capital in his name was he said that nobody turned up. Was that what upset him. Why is he going on about the witch hunt and the prosecutorial will hold out like where did this come from. Not sure anybody quite knew what to make of that meltdown from the former president until this afternoon we got the transcript of what happened in court today in the criminal trial of his business. The trump organization. You'll recall june thirtieth trump's business. The trump organization was charged with a string of felonies along with the chief financial officer from the trump businessman. They've alan weisselberg who was charged in his individual capacity. Today was the first day that mr weisselberg and lawyers for the trump organization were back in court following the initial arraignment back after charges for i filed in june and today really should have been kind of a no news. Hearing the point of this hearing today was basically for the lawyers just to ask for more time to prepare their defense. They did ask the judge for that and they got it. The trial probably won't be until almost a year from now which is interesting but in haggling over how much time they could try to get from the judge. The lawyers in the courtroom today particularly the defense counsel for mr weisselberg made quite a bit of news which may have had the side. Effect of melting down the former presidents in that statement. Judge for yourself. Here's what happened in court today. Defense attorney quote your honor. The law clearly gives the court discretion to set emotion schedule in the interest and fairness of justice. I'm asking the court today to exercise that discretion to set in motion schedule. That one is not practically impossible for mr weisselberg to me. And to not patently unfair to his interests mr weisselberg was indicted on the eighty days ago since that time we received approximately three million pages of documents just today. We got three million more pages of documents. That's over six million pages now to review those and some orderly schedule would still require us to review twenty five to thirty thousand pages of documents every day day in and day out seven days a week. Very very difficult to imagine how we do that. It is a herculean task. Made all the more difficult by the fact that i know. Is i sit here today. More documents are being produced by various parties. We don't even know what we are shooting at. It is a moving target. Says this quote also. We have strong reason to believe there could be other indictments coming again. We are shooting at a moving target. So there's a real procedural issue. And i just asked what is the rush. Okay whether or not there's a rush. What's that he said there. At the end we have strong reason to believe there could be other indictments coming really. Why do you believe that. tell me more. That was the defense attorney for the trump organization's chief financial officer allen weisselberg speaking today in court in new york now more indictments coming really allen weisselberg as the cfo the trump organization and the trump organization itself. They're already facing multiple serious. Felony counts in this alleged tax scheme. Now weisselberg defense counsel set in court today that he has strong reason to believe more indictments coming this is just a scheduling hearing today. You're not supposed to make news like scheduling hearing but wait. There's more and the other part of news here from this. Hearing came as the prosecutor was basically trying to refute the argument from the defense counsel that there's too much information to get through that the defense is buried and paperwork so the prosecutor and the defense counsel have an exchange here that leads to another revelation prosecutor quote. There's nothing unusually complex about this case. It is a simple case of executives hiding their compensation in order to avoid tax obligations the core documents that are relevant to these charges were produced on july first at the arraignment that fended have all been in possession of those records for eighty days at this point. Join in defense counsel's request for a schedule. That's fair and reasonable. I think we differ a little bit on what that means but in response to the arguments made. I would note that allen weisselberg is no stranger to these documents. These documents are almost exclusively. The overwhelming majority records are trump organization. Records mr weisselberg has been with the trump organization for thirty five years. He's the chief financial officer and while he may not have technical access to certain of the trump organization records with respect to relevant financial records. Mr weisselberg is the boss. Mr weisselberg is also not an innocent party. Being caught up as collateral damage here is an executive who stands accused by a grand jury of multiple felonies including fraud and tax evasion. It's the people's right to proceed on our case against him and it is his obligation to abide the schedule that the court sets. And then the defense counsel there's back and forth a little bit with the judge the defense counsel jumps in your honor one additional data point the judge. Yes briefly defense counsel. Thank you when we were back. In your chambers. It was represented us by the district attorney. This package includes documents. That were found in co-conspirators basements that our tax documents the go directly to the issues. So the statement that all relevant documents were produced eighty days ago just is not accurate. There are additional relevant documents that we received sixty days ago a few weeks ago and there are more in here..
The Trump Organization Is Back in Court to Fight Tax Fraud Charges in New York
"Trump's longtime business partner. Alan weisselberg is back in court. Today he served as the trump corporation's chief financial officer and he is accused of fifteen year scheme to defraud taxpayers journalist. Andrea bernstein is covering the case for npr news. and she's online good morning joining. I guess you'd better remind us because there have been so many investigations of trump. Which of the various investigations is this. So this is the criminal indictment. That was unsealed back in july. And what's significant about this case is that despite thousands of civil lawsuits for donald trump or his business and to impeachment trials for the former president. This is the first time. The trump corporation has been charged with a crime. The same goes for alan weisselberg that she financial officer who's worked with the trump family for nearly half a century which is the entire span of donald trump's business career.
When Should You Start a Business?
"What is the ideal time to become an entrepreneur. My next guest discovered some interesting data around this as president of urban nutrition john. Simone is committed to the company's purpose and unique value of helping people healthy active lifestyles the personalized nutrition any proven business opportunity. He's served as the controller vice president financial chief financial officer of rextall sundown inc a multinational manufacturer of nutritional supplements and sports nutrition products. John welcome to the show. Thanks very happy to be so. Tell us about the study that herbalife conducted among young burs. What were some of the top line results you found. Let me just lay it out with the study. Was it was twenty. Five thousand participants over thirty five different countries So really was a global study. it was gone with Jazzy millennials aged twenty five to forty. Just keep your perspective which is different than a couple of studies. We had done the prior years. So it was a pretty Targeted audience and. I think. I'll tell you what surprised me with two things that surprised so one was the purpose or the motivation is better word. The motivation for gnc's millennials to own their own business wasn't primarily economics You know when you start checking what. The reasons for owning business economics third. I was to be your own boss and be your own. Boss is really driven by that generation. Those two generations of of individuals. Not feeling like they were treated properly in the workplace in one in control more value free time And then the second was they wanna follow of passion so it was third on the list. Economics was there across economics a requirement in today's world but that was an extreme Result for me to see. And i think i would say second is how common the results were globally. We're talking thirty five different countries lots of cultures
Wisconsin State Treasurer Sarah Godlewski Never Thought She'd Become State Official
"I'll be honest. I think like so many women i Did not ever be out where i am today like. I wasn't one of those kids in middle school. That was drying american flags and have the constitution memorized. And said i'm going to be wisconsin's next senator But with that sad. I was always really community oriented. I mean my parents were public school teachers. Ed when we we'd see trash on the highway. I was that kid that wanted to start a club where we would pick up from asking go recycle it and then we would take that money and give it to the homeless shelter Or we were. We had a big wolf population Issue in wisconsin and so i- second grade adopted a wolfpack in son raise. And the people. You that way you is that when you see something wrong you got the ended up in do something about it and i think that's really how i've lived my entire career. I mean i never thought. I would be an elected official in here. I am now you know. The state treasurer of wisconsin and it was because scott walker was trying to get rid of the state treasurer's office. I'm in two thousand eighteen. There was this constitutional amendment that he put on the ballot. Because you know. Rebecca hilly who needs checks and balances in government. I mean firing your chief financial officer then giving those responsibility to your ceo. I mean we would never do that in business. So why do we think that the government. And i've found myself leading a constitutional amendment to save the treasury office. They believed wisconsin state treasurer. When that happened we won that amendment by the way with sixty three percent of the vote. Which as all of us in purple states know that is a landslide. Victory and still. The question was well. Who's going to run for it and I i remember my grandma. Act was thinking about her. When i was debating what i should do and she she said about public service she was actually harder. The first group went into serb during world war two and when i was asking her about her public service she said sarah take Asked for forgiveness for
Enron: The Black Box
"Enron chief financial officer. Andy fastow was about to kill an alligator. That's what former enron ceo rich kinder used to call it. He said that enron's problems we're like alligators and to fix them. You had to get in the swamp kick out all the alligators than kill them. One by one fast. Al likes to remind himself of this every time. Someone at enron becomes a problem and when that happens. It's time to go alligators fast. Out gets out of his chair paces with each passing second. He gets a little angrier. Then there's a knock at the door. Today's alligator has arrived. It's open jeff. Mcmahon enters enron corporate treasurer glorified accountants more. Like it and fastow hates him. You wanted to see me andy. Yeah how'd you meeting with jeffco my meeting with killing the slip your mind. You don't remember speaking jeff behind my back and do we really have to do this. Your problem talk right now. Fine the current situation with l. J. m. is completely untenable is it. Yeah you're enron. Cfo but separately. You run j. An investment fund. That does all its business with enron. Yeah so so. This is a conflict of interest about bankers at maryland. I union calling me you've launched. Ljm two now and you want them to provide debt financing and you're threatening to pull enron's business altogether if they won't do it and also enron employees are telling me that when they negotiate with ljm. It strongly implied that if they fight for themselves too hard they'll be punished with negative performance. Reviews over at enron andy. This is completely out of control. Fastow clinches and unconscious his fist in feel the heat in his face knowing he's turning red wonders what would happen if he just hit mcmahon right here in the office he could probably get away with it.
Former President Trump Attacks NY Tax Charges at Rally
"Trump speaking at an event in Sarasota, Florida Tom 40 former president Trump addressed to Sarasota, Florida rally Saturday night, firing away at familiar perceived enemies, Perhaps foremost Among them New York City and state prosecutors who recently brought criminal charges against his company and its chief financial officer. They go after good, hardworking people for not paying taxes or a company car. Company. You didn't pay tax on the car. In fact, the indictment alleges 15 specific crimes by the Trump Organization and the company CFO. Tom
Trump Organization, CFO Indicted on Tax Fraud Charges
"Hi Mike Rossi you're reporting Donald trump's company and its longtime finance chief are charged with taking part in a tax fraud scheme the Manhattan district attorney's office unveiled charges against former president Donald trump's company Thursday charging the trump organization and its finance chief it what prosecutor Kerry done termed a sweeping and audacious tax fraud scheme according to prosecutors chief financial officer Alan Weissenberg allegedly received more than one point seven million dollars in off the books compensation that included apartment rent car payments and school tuition trump organization attorney Alan Futerfas had a different take I believe the political forces driving today's events are just that the trump organization and see a full Wiesel bird pleaded not guilty former president Donald Trump was not charged at this stage of the investigation hi Mike Crossey up
Trump Org, CFO Plead Not Guilty to Tax Crime Charges
"Hi Mike Ross you're reporting the trump organization and that see a full pleaded not guilty to tax crime charges the trump organization and its chief financial officer have pleaded not guilty to tax crime charges in New York charges against the trump organization include conspiracy grand larceny and tax fraud CFO Alan Weisberg was arraigned one day after a grand jury returned an indictment charging him and of the trump organization with tax crimes the seventy three year old Wiesel Burke has worked for the trump company for decades former president Donald Trump was not charged it is the first criminal case arising from a two year investigation into the trump organization by the Manhattan district attorney's office hi Mike Rossio
"chief financial officer" Discussed on Bloomberg Radio New York
"Chief financial officer, has surrendered to authorities in New York, Alan Weiss Oberg is facing tax related charges. Yesterday, a grand jury indicted him and the Trump Organization. A person familiar with the matter says the exact charges he's facing will be unsealed later in the day, but are expected to involve on paid taxes on benefits extended to Y Silberg. Trump has slammed the probe by District Attorney Cyrus Vance Jr. A Democrat as politically motivated. The race for the Democratic nomination for New York City mayor appears to be tightening After initial confusion over the botched results, we now have the real tally from the cities ranked choice round of voting. Bloomberg's Juanita Young has the details. The corrected tally for New York City's Democratic primary is so similar to the bogus results that the Board of Elections put out a statement insisting the new numbers were indeed correct. Brooklyn Borough President Eric Adams now lead city sanitation Commissioner, Catherine Garcia 51.1% to 48.9%. The fate of the Democratic primary for New York City Mayor now lies with 125,000 absentee voters. Those ballots won't be counted until next week in New York. I'm rainy day young Bloomberg radio President Joe Biden and first lady Jill Biden are heading to the site of the Florida condo collapse. Search crews going through the ruins and sunrise pulled six more bodies from the rubble yesterday, bringing the number of confirmed dead to 18. Number of residents unaccounted for. Stands at 1 45 at Surfside live from the Bloomberg Interactive Brokers Studios. This.
Trump's Company and Its Chief Financial Office Indicted
"Donald trump's company and his longtime finance chief of been indicted following a two year investigation by prosecutors in New York City the indictments were expected there was a meeting last week between prosecutors and trump's organization lawyers but now insiders say the company's chief financial officer seventy three year old Allen Weissenberg will be presented in court the charges are expected to alleged tax evasion including unreported company benefits provided to top executives like cars apartments and school tuition trump said this week the company's actions are standard business practice the charges against Y. so Bergen the trump organization are the first to arise from the two year investigation led by Manhattan district attorney Cyrus Vance junior a Democrat is leaving office at the end of the year I'm Jackie Quinn
Manhattan DA Expected to File Charges Against Trump Organization, Has Nothing on President Trump
"Charlie Gasparino, who is a real reporter, Eleanor Tariff. Don't know who she is. For the past five years. Manhattan District Attorney Cyrus Vance has been investigating the Trump Organization. Donald Trump his sons, Eric and Don Jr for alleged tax front. The inquiry produced three million pages of documents based on 100 subpoenas. Is Fox Business First report advance even created it task force some accountants and lawyers to make a possible indictment of the former president and his sons. The office is top priority. The result of this effort will be disclosed tomorrow on what appears to be a case that falls significantly short. Prosecutors initial grandiose visions and by the way, prosecutors are not supposed to have grandiose visions. Fox Business has learned that Vance's office plans to charge the Trump Organization's chief financial officer, Alan Wisenberg, and the organization itself with fraud. For what Over perks. Why Sandburg received that We're not Canada's income and thus allegedly criminally evaded taxes. Now this is unbelievable. Usually the IRS will come and slap your hand pass for the perks with penalty and interest. Neither the former President Norris, two signs with with whom he runs his real estate and country club empire are expected to be charged. People with direct knowledge of the matter told Fox Business. Expected indictment of wisely break. I have no doubt they tried to force Wisenberg to testify to say anything like they did with Manafort. But they don't have
Charges Expected Thursday for Trump's Company, Top Executive
"Hi Mike Ross you're reporting charges are expected Thursday against the trump organization and a top executive charges are expected to be filed Thursday against former president Donald trump's company and his longtime finance chief Manhattan district attorney Cyrus Vance junior has led a two year probe into the trump organization the charges against the company and chief financial officer Alan Wiesel Berg appeared to involve non monetary benefits the company gave to top executives possibly including use of apartments cars and school tuition Wiesel Berg came under scrutiny in part because of questions about his son's use of a trump apartment at little or no cost very wisely bird managed to trump operated ice rink in Central Park his ex wife Jen Wiesel bird has been cooperating with the investigation hi Mike Crossey
Democrats Are Attacking Trump Organization Officials in Attempt to Target President Trump
"The abuse of law, the abuse of investigative power the abuse of prosecution. Was announced literally 30 minutes ago. That the outer League, gentlemen Was the chief financial officer. These trump businesses. Is likely to be indicted. And they want to indict him, not because they care about him. They want to threaten him. They want to crush him. They want to force him to make some kind of plea deal. Against President Trump. You saw how they did that. With other individuals at the federal level. Where they tried. Unbelievable. Democrat prosecutors. In both cases elected Democrat prosecutors. You see what the Democrat Bar and Democrat judges Are doing to Rudy Giuliani. One of the great lawyers in this country. Suspending his license. Because they don't like what he said about the election.
"chief financial officer" Discussed on KLBJ 590AM
"The warehouse changed feet. Chief Financial Officer Richard Galanti. He said during an earnings call yesterday that the company is going to bring back the samples over the next few weeks through the end of June. For sure, they say, that's good news. You know what I got to tell you? I don't have much experience with Costco other than we were briefly members one time so we could get a good deal on some carpet something like that. And then what? We let it go, so I have not experienced the free sample, which is apparently an absolute incredible thing. Well as you all know, he says, we eliminated a popular food sampling and demo activities in our warehouse last March and at the onset of the pandemic, and I'm happy to report over the next couple of weeks. We're bringing it back, gonna phase it in full sampling, he says. Full sampling is on, Galanti said. The first wave of sampling returns It'll take place in about 170 of its 550 Costco locations. Guess it takes some time to, you know, bring people back and bring in police back a guess. Yeah. In the United States the first week of June. He said sampling would return to every location of the U. S. By the end of the month, depending on the state and local restrictions, of course, increase safety protocols. They got to say that still remaining in place, according to Glanton. He said all samples would be prepared behind plexiglass prepared. It's smaller batches. Better safety control and distributed two members wanted a time in Costco. Food courts will also be making a comeback in the next few weeks, which is very popular by the way. Families love to go to Costco for some reason, and get their pizza and hot dogs and set right there at the checkout line to do some people watch. I had no idea by June, 7th Galante said Most store locations would be bringing back seating. But with more physical separation, with the only tables of four and about half of the seating capacity is they had before Friday night. It's Friday for us it zits the tide of Don show date night. Me and the wife. We'd like to go to Costco and walk around and spend money on things we really don't need in large quantities in that's right. Very big bottles, 9 33 and joining us on the live news line, the constant City Council agitator. His name is Brad Swells. Here on the tide of Done show, Brad. Good morning. Good morning, guys. Are we all good? Hey, what you know last May you and I had a conversation last mayor April about the Wuhan lab. I talked about on the radio and people thought I was crazy. They taught Todd you're talking about conspiracy theories and all of this stuff. And we have really changed even the mainstream media starting to question the source of the covert 19. Yeah, well, I mean, you know it. Was it so hard to really know what to think any more than you know, Obviously, the you know the, uh, social media. The mass media, probably in concert with government officials forced us to stop talking about this. He kicked off social media, even if he even brought it up. And now it's becoming more and more mainstream. You know what's changed? Who knows? But it begs the question. What else are they stopping us talking about? You know, maybe this may Um, yeah, but I mean, it seems obvious right that it came from a lab in and there it How is that? How is that a crazy thought? You know, I'm not a detective, Another scientist, but all points point to the Wuhan lab and the gain of function research. On. You're absolutely right. Facebook says they're now going to allow people to post things about the Wuhan Lab. Which which to me, you know to me, it says Facebook was protecting China. It tells me that mainstream media was protecting China just like John Sena protecting China. What kind of 1984 nightmare That was prison where we have to take our cues from Mark Zuckerberg and Facebook about what we can and cannot talk about. And there go. Two experts are Dr Fauci and Bill Gates. And what is their credibility like this morning? You know, I wasn't h e B. I was an H E B yesterday and I didn't wear my mask because I'm vaccinated. And and I noticed there were only four people in this store. Probably a couple 100. People in all, most people were still wearing the mask. Why? Well, you know, you remove both Todd. I haven't won my master to be in a few weeks now. And yeah, I get I get some crazy whatever once in a while, but people are leaving me alone, which is great, But I think the problem is that we've turned feeling to have wrote you. We've turned this into you know, I'm better than you. I'm actually it was sold to us as max masks They're helping protect Other people, right? Right. So I'm wearing a mask. I'm protecting you. You're not wearing a mask. You're not protecting me, eh? So we've turned the sphere to a virtual people are having a real hard time. Maybe they just don't live virtuous lives in other ways, But we're having a real hard time convincing people like Hey, there's there's more important stuff to focus on it. They're gonna drop it freely. No, You're right. Uh, an entire year. People were told where your master show you care about other people. You're selfish if you don't wear it. You're right. You're gonna kill grandma. Right? Right. You're gonna kill Grandma, so I know you've been tracking everything that's going on with. You know this this constant harassment that some city employees, including council members, Mackenzie Kelly that they're facing at City Hall all the time. And we're learning with this home's not handcuffs Group that's taken over Austin City Hall, at least circled it For the past few weeks. They're armed. They're making threats. And I think we can say that some of them are dangerous..
Good Luck Finding a PlayStation 5
"Listeners. Molina and i'm mike schneider and welcome back to talking tech so bread. Sounds like getting a playstation five. Isn't going to get any easier anytime soon. Yeah unfortunately all those people that thought after the holidays like meet start seeing more of them. That does not seem to be the case now. According to a bloomberg report. Sony recently warne analysts. It's popular video. Game console will remain under tight supply constraints through twenty twenty to the report which cites several unnamed sources who attended a briefing between sony and analysts. Said that its chief. Financial officer hiroki to toki toll analysts demand had been so strong for the ps five that even if they did get more devices. There's so much demand for it that the supply can't keep up both the. Ps five and microsoft's xbox series x have been difficult to find on store shelves or online retailers because of insatiable demand and there's also a global semiconductor shortage that is playing a part in this to during its own earnings call last month. Microsoft's officer amy hood said xbox has experienced record engagement as well as what she calls. Demand that significantly exceeded supply for both the series x and the s console.
Update on the latest news, sports, business and entertainment at 3:20 p.m. EDT
"What to do with all that money that's what schools are trying to figure out now what would you do with a hundred and twenty three billion dollars that's billion with a B. schools across the nation are weighing how to use a windfall from the federal government's latest corona virus relief package the money will help schools reopen and expand summer programs but it also offers a chance to work on some programs that have been seen as too expensive in the past like intensive tutoring mental health services and big curriculum upgrades the chief financial officer of Boston public schools calls it a once in A. generation opportunity I'm Rita folly
"chief financial officer" Discussed on NewsRadio KFBK
"93.1 KFBK now trending more does chief financial officer told the International Olympic Committee that the state would be happy to host the Olympic Games and the speculation that the current host Japan may back out? Florida official has encouraged the IOC to consider relocating the 2021 Olympics from Tokyo to Florida. Another confirmation on China's strengthen the economy This morning. Wall Street Journal has reported that China overtook the U. S as the world's top destination for new foreign direct investment last year. New investments by overseas businesses into the United States, which of course, held the number one spot for decades fell 49% in 2020, according to the United Nations, As of course, the U. S. Struggled to curb the spread of the new Corona virus, and I'm the lockdowns. Kyle Bass is an expert on the Chinese economy. He's with Heyman Capital Management. And he says right now that the U. S is fighting four different wars with China, therefore Wars that the West is that could the West could be fighting with China, three of which we are fighting one. Let's hope we never get there, but the number one the one number one war is the narrative for the Information war, which China so adept at playing the number two's the Economic war. Number three is the Cyber War and number four's kinetic war. So we're fighting three out of four wars with China as we speak. So we just told you about the drop off in the U. S. Here is how climbed in China Wall Street Journal reporting China saw direct investments by foreign companies Climb 4% in 2020. China's gross domestic product grew Even as most other major economies contracted last year around the globe. The 2020 investment numbers underlined China's move towards the center of a global economy long dominated by the U. S, a shift that has accelerated during the pandemic. As China has. China has cemented their position as the world's factory floor and expanded their share of global trade. But as bass points out here, it is worth noting. That China is not as economically powerful as they claim to be. They claim to be the world's second largest economy with about 15% of the world's GDP. And yet less than 9/10 of 1% of global transactions settle in Chinese currency No one trusts the government. No one trusts the currency. No one allows their monopoly money to pay for anything around the world. And so it's a little bit of a misnomer that they so adeptly have put together this concept of economic dominance, when, in essence, they rely on the United States. Dollars Euros Ian and pounds but mostly dollars. To rise both economically and politically, And it happens to be their Achilles heel. Okay, a few things to keep in mind right now, when you hear the headlines like its doom and gloom for the United States economy, and China is going to just go soaring right past just what he said. Number one Do other countries really trust China? Do they really just trust their currency? And he says, the answer is no. Then you consider this also total stock of foreign investments into the U. S. For the stock exchange much, much larger than China. They're investing in Wall Street before they invest in China. Still, that is the case in terms of the stock market. So, But there are a couple of caveats that you need to keep in mind when you hear these numbers in a report about you know, the Wall Street Journal and so on. Yes, China's economy is doing well. We get that, But do you really believe him? Do you believe their economy? Do you believe their currency Well, and that lack of belief may be the only thing that's you know, That's what he says. Trust well, comes down to a lot of times for businesses. All right, let's get outside and check traffic. Now it's a 20. And why noble past later this report is right by the Roseville autumn All latest is we're off to we're doing well on the roads all around Sacramento 80 from Roseville. Still just nine minutes to the camp City Split cap city. No incidents either way between the sweat on highway 50 nothing to slow you down. Coming in from Elk Grove on fiber 99 13 minutes on either one. Despite we have a fender bender north about 99 47 with big rig involved. No one's hurts on the shoulder doesn't appear to be causing a delay if you're on 50 from Folsom 18 minutes to downtown. If you're coming in from Woodland on I five across yellow bypass 20 minutes, Does it 16 to get in from Davis. He's found 80. Across the causeway start the year round by saving thousands during the giant factory certified sales event at the Roseville Autumn all 17 years, 20 brands offering you unbelievable pricing of the largest selection of certified pre owned vehicles in Northern California, the Roseville autumn, all driven to be the best traffic on the tens, every 10 minutes mornings and afternoons news 93.1 kfbk. Flash Flood watch has been issued for the area for this afternoon through tomorrow afternoon. Early sunshine will give way to clouds today and.
"chief financial officer" Discussed on 710 WOR
"You they did. I was fearless. I knew exactly what I had to do. I wasn't there for money. I've been there and done that. I wasn't there for ego. I wasn't there for titles. I had all the titles like, um, possibly need because, In fact, when LVMH hired me they made me CEO of LVMH Ng, the parent company in the United States. I oversaw many different things. It was very, very impressive, and I had a little the attributes and the money and everything I could possibly want. But I went out to do is manage a company that hadn't made money in six years in the group expected it to make money and I was fearless. I was feelings because I had all the images support. I knew I had the skill set. Bottom line what it took with some rules. Nobody likes rules. Think about this often. Nobody wants rules. I don't want to be told what to do. I don't want any Pam stringing me for whatever I have in mind. Don't put cuffs on me. But could you get into this world without stop signs? Because stop signs the rules, traffic lights of rules, the laws of the country of rules. We all need to live by rules. And now I go to this company and basically find this incredible group of people. But the reality is they had no rules. No disappoint. I would ask a question and you could see nobody wanted to answer. They were all uncomfortable each one in their own Fife from thought they were in charge. They had no counter to keep a time in action plan going Had no pricing strategy that would less the test of time. I couldn't tell who was in charge, and then, of course you're throwing down of the designer gifted our world Fashion world says you need a talented designer has the heads in the clouds. But you need a talented merchandise toe hold him by the ankles, and that's pretty much what I brought to the company. Who needed me That company needed discipline. The chief financial officer woman Brilliant knew exactly what to do. But when you really listen to them in the meeting you started toy. I still love to walk in the meeting before I get there that all right before me, and they will be talking. If you would hear the decibels that are going on in that room before you walked in. It was the loudest thing I ever heard in my life. But then when you got into the conversations about who was in charge, and who's gonna make the final thing, it was crazy. There was no focus and it was chaos and that's what I brought to the table. So tonight when we're talking about who needs you? LVMH needed me. Run the Donna Karen company. Take a break. We'll be back in a minute. Always in fashion thistles. Mork Whipper. I remember so clearly when Donna Karen hit the scene. It was explosive. She was one of the most dynamic designers in the history of the world, and how product was very, very different for anything anyone in America had ever seen. She was modern. She was New York. She was vibrant. When you look at the business in those days, there are companies like Ralph Polo or Tommy Hilfiger or Nautica Great traditional American brands, but no one identified modern. You wanted modern you had to find George Armani. Black was the basis of his presentation and everything about it had a European chic to it. Not in America. Until Donna came. Donald was a New York life resident. Understood the pace of the city. Understood what it was like to live in the city that never sleeps. That goes 24 7. Donna invented DK and y Donna Karen, New York. I'll never forget the first time I saw it. I was in London and they had built a magnificent four Flory store in a building with an open roof. A glass ceiling glass ceiling, I suppose, representing, we're changing the way things are done. DK and why was frankly nothing short of extraordinary. Both men and both for women. Black was the basis of the brand, although there many colors played off the palate. And they all look good against black. Let's face it. We live active lifestyles. We get up in the morning. We do different things. We work we play. Evenings is about entertaining as seeing the best that New York has too often taking why Officer collection immense wearing women's wear but footwear, accessories, suits, shirts, ties women's sportswear, women's activewear that speaks to the lifestyle that goes with you wherever you want to go, and it's always modern. It's always contemporary. It's always at the forefront of what fashion should be with the New York lifestyle in mind. I've lived the life. I was the chairman and CEO Donna Karen. I understood what that brand man and I can tell you if you want to step out. You want to walk away from your traditional routes? If you want to be modern, you want to make a statement of elegance but in the New York kind of way with the sophistication Of New York as a person who understands all the city asked offer and all the modern lifestyle in America is about you find it everywhere. People are forcing themselves urging themselves. They get out and be special.
"chief financial officer" Discussed on NewsRadio WIOD
"Care officials keep the pedal to the metal on that, but basically get us more vaccine. We will use it. We will use it well, and a lot of seniors will be very happy if we're able to do it. People who have already received their first shots need not worry. Second doses will be coming as scheduled. The Florida Department of Health today reporting another 13,719 covered 19 infection statewide. Along with 272 recent virus related deaths statewide death toll reaching a grim milestone today, surpassing 25,000 Man is recovering in the hospital after being shot along. I 95 early this morning while driving his mother to work at Jackson Memorial Hospital. They weren't able to give police many details about the suspect because they were trying to dodge the barrage of bullets coming from a nearby vehicle. It happened here 103rd Street. Realizing a hospital was just an exit away. The man drove himself to North Shore Medical Center. Was then taken to JMH yet appears an old foe was again rearing its head in the Middle East. Isis has now claimed responsibility for the double suicide bombing in Baghdad this week that killed 32 people and wounded more than 100 More in an early morning post Friday, the extremist group took responsibility for the incident and an online propaganda channel. It was the first such bombing in two years in Baghdad, when a similar attack in the same area of the city killed more than 30 people. It's correspondent bills in For With that story, The Florida sales tax holiday for disaster supplies may return this spring. State Senator Joe Kruger's proposed the bill that wave sales tax on items like flashlights, tarps and generators. Routers bill would extend the holiday from May 28th through June 13th, But those dates could change because of the pandemic. The budget is tight this year that long holiday may need to be trimmed. Florida is going for the gold when it comes to the Olympics. Chief Financial officer Jimmy Patrol is making a public plea to have the Sunshine State hosts the summer Games amid rumors Japan is canceling because of a new surgeon. Coronavirus cases got a state with world class universities. Every one of our university has tracked facilities. You know our stadiums last year, and this year we're hosting Super Bowls here, so we have world class hotels. We've got incredible airports. We've got everything you would take to turn Kato make this a reality. Japanese government spokesman now denying a report in Britain's Times newspaper, saying the governor But privately concluded that the Tokyo Olympics will have to be canceled in July because of the pandemic. Wall Street numbers are trading mixed. Dow Jones Industrial Average is lower by 111 points about a third of 1% 31,061, the S and P is down four points. But 1/10 of 1%, the NASDAQ still in positive territory of about 1/10 of 1%, or 20, points on the day three or four handed be coming up next after we check whether I'm out Louis News radio 6 10 w Y o D that all the carpet in town, New year, new floor sale has been extended get the guaranteed lowest prices plus 0% financing. For up to 60.
"chief financial officer" Discussed on NewsRadio WIOD
"But what we have in Florida to bring to bear for all those elements to be able to host it exist right here in the Sunshine State. So I saw where today where the prime minister now Japan has come out and made it loud and clear to his parliament that we he intends on hosting the Olympics in Japan now, eh? So it sounds like they've done an about face and I'm sure what's happened is just like, you know, we go on. We stir the pot the economy Japan says What are you doing? You're gonna walk away. From the single biggest athletic event of the globe every four years and one to kick it down the road for for 2 30 2032. So, um, anyway, I went ahead and added the texted at tweeted at the Olympic saying, Look, you change your mind or Japan drops a ball DM me so Well, you know what? Uh, That's what it takes is put it out there. Never forget. It was one of the most poignant moments as a young person in then representative Newt Gingrich's office. This is before he was speaker says an 88 remember being in his office as a kid. He comes out with this a little. Flag any any handed it to mean it, said Atlanta 96, he said, Brian we're going to bring in the Olympics, too. To Atlanta, 96. Nobody had even said word one. You know about bringing the Olympics to Atlanta in 1988, But New Gingrich had this whole campaign that was already under way to try to make it happen. And then you know, lo and behold, Look what ended up happening. So you just trying to make the effort. You know that that has the possibility to going places different but related note in sports. We did find that course. But we got the Super Bowl in Tampa. Couple weekends from now, and we are gonna have to wait. 25,000 fans are going to be able to be in attendance, including what 7500 that our health care professionals, frontline workers that are going to go Gratis Theo NFL doing something decent there. You know when you're talking talking about where we are Jimmy and this pandemic. How important is it to bring back? Institutions like sports that hold a a pretty important role in our society that when taken away only added to a lot of the misery in the lack of joy. A lot of people felt during the course of this pandemic. So that's exactly what we were driving by the American arena last night, and all I could think about is here. You've got a facility that brought people of all different race, color, creed, passion, religion altogether and one place united with good emotions, Enthusiasm. You know all the positive that goes about cheering around the sports team. And it is a dormant and empty. That type of of energy. Brought together is good for the quality of life of Floridians, not just boardings, but Americans and people worldwide. So you know where we have tried to bring sports back is critical. I've been asking myself how money they're gonna bring the Super Bowl Ding, the single biggest sporting event in the whole globe. How many were going to go? So you just You answer my question. 25,000. I'm sure they're going to go to extraordinary measures just accommodate 25,000. But it's one of those, uh, those things sports is a good way. Just like movie theaters is a good way to break away from From the chaos, the challenges of life and just immersed herself in some good time with the family or friends. So if you don't believe it's therapeutic, I think you're missing the boat. All right, Jimmy, where you gonna be? About four o'clock this afternoon? Or clock. I will be heading back north. We've been on the road the last several days and Brian, I gotta give one quick shoutout as we have seen Vaccine rollouts Spike. Because of the efficiencies. You know, it's just like I was down in Miami yesterday in the city of Miami Fire rescue. They are starting to take over a lot of the deployment of vaccines and these amazing men and women. They've only got the tools, the talent, the equipment, and they're made to put it in a in a in a truck and an engine and am bliss and go to the sites of need. So you know, I just want to give a shout out. Thank you for their service to the state, Their their little by little getting us to the light at the end of this really dark tunnel and anyway, thank you for allowing me to brag about them. Amen. Well, said all I was his better. Why was going to say it's gonna say if you are you still having to be in the vicinity of South Ward around for you want to go? A guana hunting heavy up? We'll go do it. You know what little alarm brought with suits would be this trip that it might be maybe a little overdressed for but I will definitely take a rain check. Yeah, That's right. We were just getting doing the backyard with some wine anyway. So, Jimmy Jimmy Beltran is our chief financial officer. God bless you. Keep fighting the good fight, sir. Brother. Thank you. Thank you. All right. I got Natalie, you turned the stories up next right here in the Brian bloodshed. He's ready to 6 10. W E I o d Good morning. 5 95 Westbound for Davey Road Emergency vehicles have three left lanes blocked this reporter sponsored by Merrill 5 95 west Point of the turnpike,.
"chief financial officer" Discussed on 710 WOR
"Life. Obviously, in fashion luxury retail color plays a role, but there was a period in time that pink was the most important color in my life. Not because I wore it. Was a building amazed to CEO of LVMH ink and part of my responsibility was overseeing the Thomas Pink global shirt company. It grieves me to say it, but I've read a few headlines this week that went as follows. Pink goes off line as covert takes the shirt off its back. Think shirtmaker bows out of business. Sylvia mates taking with furs for the intellectual property unloved by affiliation with Thomas Pink. Thomas Pink was an amazing shirt, Brandt Thomas Pink of German street in London. Jermyn Street is the Seville role for shirts and neck word accessories in London. It is the place to be, and that's where Tom's think established itself. I remember doing an advertising company. I like any color as long as it's pink. All the labels were pink. The trimmings were picker's An amazing, amazing brand. Thomas Pink was in stores all of the China, the United States, some of the greatest mall's New York alone. We had a store in Wall Street. Where the store in 67 you right in the business district. We had a store in Time Warner Center. Where else I need to think about it. Believe it stores and they were doing okay. Was very, very proud of the Thomas Pink story. I was very proud being involved with the brand was very proud that LVMH, in addition to my other responsibilities, gave me the corporate oversight of that business. Well, fast forward. I'm running this brand all the labels of pink, beautiful pink color. All the boxes of pink. It was kind of like, Ah, shirt version of Tiffany. You know, with the blue. They didn't think it was brilliant. The guy running it, Jonathan Heil Burn was of the financial guy from the first times they've launched and I forged a great working relationship. We traveled pretty much wherever the brand was, and we did everything and he did everything to make this luxury brand extraordinary. This time goes on. It occurred to me that maybe we didn't have to always do things and retail that maybe we could sell some of the product to some of the finest retailers in America and make money doing it. We live together. We made a decision to approach Neiman Marcus. I knew the president and CEO of Neiman Marcus at the time. And I introduced Jonathan to her. And sure enough, we started the business with Neiman Marcus. I remember that. You know, I go to Neiman Marcus stores and New Jersey wherever they were in New York and New Jersey around the country, I would see Thomas Pink Front and center beautiful presentation. Those of you don't know. The British shirt makes a very bold stripes. Very stiff collars. French cuffs, too diffused. Proper British shirts that will last the test of time and they were worth every bit of the 202 $150 that they sold for. We got a great presentation from Neiman Marcus. After a few months. I get a call that Neiman Marcus has dropping us. I couldn't believe. What do you mean? They're dropping us their droppings. Do you know why we're just not selling well? Sorry. I never forget. I got on a plane. I went to Texas to meet with the CEO, president of Neiman Marcus. And she said in nutshell, we loved the product. It's great. Look great quality belongs in our store. Except ourselves. People don't want to sell it. And he is a very interesting lesson. Jesse for million dollars. Why do you think the sales people didn't want to sell Thomas Pink? Ah! I don't know. I'm offering a million dollars. Uh, maybe they didn't want to detract from other brands who not worth $2 million, but close. Do I get, like 100,000 or anything? No. All of Neiman Marcus is sales people worked on commission. When a customer would come into the store and buy a suit or say they're looking for a shirt. Would they take them over to Thomas Pink and earn? Let's say a 10% commission on a $250 shirt or they prefer a 10% commission on a $500 shirt. And that's what happened. They went to the shirt brands that could sell for more money because they made more money themselves. So it didn't matter how beautiful our presentation is and how much space we have missed. Or if the sales people prefer to sell on the brands. We weren't gonna be successful, and it wasn't as successful as I hoped. To make a Lord's story short. You like that? Yeah, I wish I would've known that five minutes ago. I could have won a million dollars. Well, maybe I'll forget now offered to you another time. But as time went on, I was right from the day one. Listen, I've been on the year, five years. Justin. I've been doing this five years. We never had a negative word to say about LVMH in to this day. I never will. I never found people. I respected more. They treated me brilliantly, and I made them a lot of money. And they made me a lot of money. That great company, But when it came to Thomas Pink They just didn't understand that first time around, I would tell you in our meetings. There was little like group think we go into these meetings and the chief financial officer had a point of view of what? Thomas Pink Good day and the head of human resource is is appointed with Thomas pick would be and the marketing people and the president on and on and on and sit there and listen, say every one of these people are entitled to their own opinion. They all have heavy votes. But what makes them more right than us, But the fact that they have this luxury background I would always acquiesce skin lab to go their own way. When I left l V not long after I was on my book tour. I walked in the store, and I noticed a couple of things, one that changed the pink label. They made a white Why in the world when you have the greatest label You change the color that I said something doesn't feel right. And I started to look at the product and it looked more basic. It didn't have the same Genesis acquire. I know that's not British, but it didn't have that Same feeling. That it had one I was there. And something..
"chief financial officer" Discussed on WTOP
"A former D C school teacher, is under arrest facing child sex abuse charges from an alleged relationship that took place more than a decade ago. The student was just 14 years old. See. Police have arrested 45 year old Joan Meyer, who now lives outside of Cleveland, Ohio, charging her with first degree child sex abuse after a former student claimed that they were in a sexual relationship that started in 2009 when he was 14 years old. She denies the allegations with her lawyer, telling The Washington Post. Her relationship with the students started when he was 18 Mayer used to teach at a charter school in North East and was the subject of two prior investigations that never led to charges That changed in 20. 19 when the former student contacted her boss at a new school to report the relationship. Myers now on leave from her job as an elementary school library in in Shaker Heights, Ohio. John Doman w T O P. News It's 10 21. A memorial fund has been established in honor of Maryland Congressman Jamie Raskin son. He died recently at the age of 25. The Tommy Raskin Memorial Fund for People want Animals was launched with an initial contribution of $50,000. There will be a private funeral on Tuesday, and a public memorial service will be held. This month. Lots of new laws and regulations to ring in the New Year's one involves marijuana. Police in Virginia will no longer be able to search or sees any person place or thing just because they smell weed that takes hold March 1st the minimum wages going up in Virginia and Maryland in 2021. This starts immediately in Maryland, with the minimum wage of 11 70 an hour for businesses with 15 or more employees. Virginia's minimum wage goes to 9 50 an hour Beginning May 1st in D C and ever to reduce greenhouse gas emissions and energy use New environmental standards for large buildings kick in Kyle Cooper w T. O P. News There's a new report out that shows DC's economic recovery is gonna take some time problems fueled by the huge financial hit suffered by hotels and restaurants. There's been so much financial pain in 2020, but DC's hospitality industry was hit especially hard with tax revenue from hotels and restaurants down a staggering 46%. A new report from the district's office of the chief financial officer shows that overall revenue in D C isn't expected to return to fiscal year 39th level until 2022 with the widespread deployment of vaccines and an economic recovery. Over the next three fiscal years. DC's economy is projected to take a $461 million revenue loss that's actually better than initially projected, with DCs expected revenue revised upward by more than 320 million. Nick I. Nelly. W T O P. NEWS. It's 10 23. This might be the theme song for a lot of singles out there..
"chief financial officer" Discussed on WTOP
"39, Manassas, 37. Frederick, Maryland and 37 in Washington at 5 10. Expects him drawn on Capitol Hill this week. More Republican lawmakers are joining President Trump's efforts to undo Joe Biden's win, pledging to reject the results when Congress meets to count the electoral votes on Wednesday. Ken Walsh, White House and political analyst for U. S News and World Report says the move is not likely to succeed but will further drag out Republican opposition. Biden's victory. I don't think there are the votes under any circumstance. That road will be overturned, but basically it's going to be a very long process. On Wednesday, something that usually takes about a half hour is going to take probably all today, maybe going into the next day. And serve the left its effort to overturn the results and deny Joe Biden the presidency losses. Republican lawmakers are backing President Trump's bid and it results in part because his base of support Remains influential D. C. Mayor Muriel Bowser is advising the city's residents to steer clear of downtown this week and avoid President Trump's diehard supporters who are expected in town. When Congress counts those votes on Wednesday, certifying the victory of President elect Biden downtown over those several days, let the police department do its work. Let's is not a mix with people who came here. Um, for violence and destruction. I'll let them have their demonstration in March and on January the six we know what's gonna happen. The Electoral college will be respected by the Congress of the United States, and Joe Biden will be the next President. Bowser made her remarks on MSNBC. Loudon County Board of Supervisors Chair Phyllis Randall is asking residents to stay out of D C this week and do not take part in any counter protests that are expected to go against demonstrations by die hard Trump supporters. Randall says she wants to head off what she expects could be fairly dangerous Protests. There are numerous street closures and restrictions in place downtown for Tuesday and Wednesday. The first day of Congress has opened with D C delegate Eleanor Holmes Norton, introducing the bill that would change the federal city into the nation's 51st state. The D C. Statehood bill has 202 co sponsors this year. Most ever. Norton and backers of D C. Statehood say it's the only way for the city's tax paying residents to gain full and equal citizenship. It'll take a couple of years for D. C s economy to get back on track, According to the district's office of the chief financial officer over the next three fiscal years, DC's economy is projected to take a $461 million revenue loss That's actually better than initially projected. With D. C is expected revenue revised upward by more than $320 million revenue. This fiscal year is down about 160 million compared to last year, and it isn't expected to return to fiscal year 20 nineteen's level until 2022. You with the widespread deployment of vaccines and an economic recovery. DC's chief financial officer says that the winters economic outlook has gotten worse due to the pandemics, resurgence, closing indoor dining and leading to other restrictions across the district. Nick I Nellie wt opinions area bus systems are returning to the pre pandemic practice of front door.
"chief financial officer" Discussed on WTOP
"On Thursdays. Well, with mostly sunny skies. I'm starting for meteorologists. Amara Theater 37 degrees in Burke. We have 38 Potomac and 38 degrees in northwest D. C at 4 10 here at W. T. O p Greenbelt Police officer is in critical condition this afternoon after she was hit by a car while responding to an accident. It happened shortly after 10 last night on Edmonston Road north of Cherrywood Lane. The veteran officer was hit outside of her car She helped a U. S. Park Police officer respond to another crash That happened minutes earlier. Person that hit the officer remained on the scene. A memorial fund has been established in honor of Maryland Congressman Jamie Raskin son who recently died at the age of 25. The Tommy Raskin Memorial Fund for people and Animals was launched with an initial contribution of $50,000. There will be a private funeral on Tuesday in a virtual public memorial service later this month. School system in Frederick County, Maryland, is taking precautions after an increase in local coronavirus cases. All small group in person instruction and winter sports practices are suspended for Frederick County Public schools as area sees a surgeon coronavirus cases. The school system says that starting on Monday, all instruction will be virtual. Until further notice. Teachers can still use the classrooms at schools to teach virtual lessons. But teleworking is encouraged. Students who need the Internet to access remote classes will still be allowed in school buildings, according to the school system. As of Sunday, Frederick County has an 11.2% 7 Day positivity rate for the coronavirus, Valerie Bonked. W T. O P. News. A new report shows that DCs economic recovery will take a while due in large part to a huge financial hit taken by restaurants and hotels. There's been so much financial pain and 2020, but DCs hospitality industry was hit especially hard with tax revenue from hotels and restaurants down a staggering 46%. A new report from the district's office of the chief financial officer shows that overall revenue in D C isn't expected to return to fiscal year 39th level until 2022 with the widespread deployment of vaccines and an economic recovery. Over the next three fiscal years. DC's economy is projected to take a $461 million revenue loss that's actually better than initially projected, with DCs expected revenue revised upward by more than 320 million. Nick I Nelly. W T. O P news. Big change affecting lots of metro system riders happen today. Metrobus is resuming fare collection and front door boarding writers had been using rear doors since March to protect bus drivers from the Corona virus. But Metro general manager Paul We'd a Feld says mask use shields for operators on every bus and enhanced daily cleanings mean front door boarding is safe. He also says Metro.
"chief financial officer" Discussed on WTOP
"Expected to descend on D. C as the calendar flips to 2021. They'll be here to protest. 2020 election results. Multiple protests are planned on January 6th the day Congress will certify the electoral college votes of the 2020 election. Robert Conti, who takes over as D. C S newest police chief Saturday, has said violence will not be tolerated. Campaign by counter protesters to urge downtown businesses to shutdown has largely been unsuccessful. However, Hotel Harrington and Harry's bar where far right groups like the proud boys are known to meet will close January 4th through the sixth. So far, there are no plan counter demonstrations, and D C Mayor Muriel Bowser and other lawmakers have yet to comment on the concerns around violence at next week's rallies. Andrea Cameron w T o P News It'll take a couple of years for D. C s economy to get back on track after the pandemic. That's the word from the district office of the chief financial officer. Over the next three fiscal years, DC's economy is projected to take a $461 million revenue loss That's actually better than initially projected. With D. C is expected revenue revised upward by more than $320 million revenue. This fiscal year is down about 160 million compared to last year, and it isn't expected to return to fish. School year, 20 nineteen's level until 2022 with the widespread deployment of vaccines and an economic recovery. DC's chief financial officer says that the winters economic outlook has gotten worse due to the pandemics, resurgence, closing indoor dining and leading to other restrictions across the district. Nick I Nellie wt opinions. A syriza of new laws and regulations begin next year all across our area. Police in Virginia will no longer be able to search or sees any person place or thing just because they smell weed that takes hold March 1st the minimum wages going up in Virginia and Maryland and 2021 that starts immediately in Maryland with the minimum wage of 11 70 an hour for businesses with 15, or more employees. Virginia's minimum wage goes to 9 50 an hour beginning May for In D C and ever to reduce greenhouse gas emissions and energy use new environmental standards for large buildings kick in Kyle Cooper w T. O P News, the general in charge of distributing Corona virus vaccines dropped into a local hospital this week to hear about its vaccination efforts were just trying to get a sense for how things were going. General Gus Purna is the chief operating officer of Operation Warp. Speed s O, You're something that's not good needs to be better. Well, folks it at Holy Cross Hospital in Silver Spring, He.
"chief financial officer" Discussed on WTOP
"Trump's in passion supporters will be back in Washington, so the city is preparing and even leveling a warning at those looking for trouble. Supporters of President Trump are planning more protests on January, 6th. One of Congress will certify the electoral College votes for President elect Joe Biden, D C. S newest police chief, Robert Conti has said the department will not tolerate violence. Counter. Protesters have urged all downtown businesses to shut down. But hotel Harrington and Harry's bar to hot spots for far right groups like the proud Boys are the on Lee downtown businesses that will be closed on the six There aren't any counter demonstrations in place so far. D C Mayor Muriel Bowser and other lawmakers also haven't commented on possible violence at the rallies next week. Andrea Cameron w T O P News. Our local economy is still trying to push forward, but it is a slob, and a new report shows that DCs economic recovery will take a wild, largely because of its mostly empty restaurants and hotels. There's been so much financial pain in 2020, but these seas hospitality industry was hit, especially Hard with tax revenue from hotels and restaurants down a staggering 46%. A new report from the district's office of the chief financial officer shows that overall revenue in D C isn't expected to return to fiscal year 39th level until 2022 with the widespread deployment of vaccines and an economic recovery. Over the next three fiscal years. DC's economy is projected to take a $461 million revenue loss that's actually better than initially projected, with DCs expected revenue revised upward. By more than 320. Million. Nick I. Nelly. W T o P News. The push for major sentencing reform has borne fruit and Fairfax County and the county prosecutor wants to see it happen on the state level to the overall goal here is to build a more fair and just criminal justice system. While also having a system that actually keeps our community stakes. Steve Piscano is Fairfax County Commonwealth's attorney. Prosecutors in his office will stop using mandatory minimum sentences in plea deals. Look for alternatives to incarceration and for people on probation, customized how long it lasts to meet rehabilitation goals, not keeping them in the system for years and years for no good reason. The scandal was also asking the Virginia General Assembly to approve a ban on mandatory minimum sentences. Michelle Bash w T o P News Some property owners in Maryland will be groaning when they see a bigger tax bill that after the state reassessed about a third of the properties this year, the assessments rose by about a percent. This year's group numbers about 760,000 commercial and residential properties. Maryland Reassesses a third of properties every year in this year's continues an upward trend. Montgomery County saw on Lee about a 6.5% increase on homes but a whopping 14.5% for commercial properties. Meanwhile, Prince George's County saw the largest increase coming out about 13.5% for residential and commercial combined, ST Mary's and Howard County rose by about 9.5%. If you are a homeowner, and having already filled out a homestead tax credit with your local tax office, it might save you a few bucks. Luke look, w t O P NEWS 12 06 The man believed to be the country's deadliest serial killer, died in a California prison yesterday, and he presented himself in a manner completely and pathetic, Aeltus. Notoriety. He was very cordial. He talked to us freely had no problem. He talked to us as if we were drinking buddy Prince George's County detective Bernie Nelson had a chance to talk with Little about a woman whose body was found in Laurel close to 50 years ago. Little says she was a mom from Massachusetts. Though police never identified her last year, Nelson spoke about interviewing him. It was an encounter that left an impact shook his hand. All I could think about was that this hand snuffed out so many lives. Many of Littles victims were Wrangled. He was serving three consecutive life sentences but confessed to 93 other killings. The FBI calls those confessions credible. Keep it here on W T O P. After traffic and weather will talk about the movies. It might be a nice way to settle in and bring up the new year. 12 07. Okay, let's go, Go, go! They're right on our tail. Hey, don't worry, they'll never catch us. How do you know? What do you think This is an action movie. This'd Nissan salesman happened? What's no can't be sells event ads are boring. This is definitely not for And how do you explain the announcer? I'm sorry..
"chief financial officer" Discussed on 710 WOR
"That evening. Return one sweater. I have a receipt for the cost of one sweater s. Oh, what did I make? You just got yourself a free sweater and And you got the money back. I bought two for the price of one returned one and I have the money and the sweater. All day long That could happen. Left doesn't always take place in stores. I used to work with one of the women. Unfortunately, this case of the woman who's responsible for Purchasing items that we we keep in our stores. Different kinds of things she would purchase I let's say porcelain doggies were having Ah, ah spotted presentation. We had spotted dresses, so we put little spot all doggies in there. She would purchase them on. We had all these different things that are not ongoing basis. This woman's job was to keep the barking interesting in the store. Then found out Shatter own business selling off these items. Are you crazy? Work with a woman who we found using the email system doing her job. She was great at a job that got her to drop, but she was building her own. T shirt business and we caught her. Then why am I telling you this story? Well, first of all, all of you out there. I'm going to tell you that, you know, stealing. I'll tell you the obvious. Ruin your life. You don't need sweaters and all the important The head of loss prevention, and my company came to me one day and said, We need to talk. I said, What about Caught one of our executives stealing Which one? I'd rather do it when I'm with you in person. The next day, we had a meeting the head of loss prevention, my chief financial officer. Ahead of human resource is and mate. He looked at me said. Here's the problem. He told me the person's name and it was someone I really liked and really admired. And I said, Are you sure? And he looked too. Media's. We're sure This is black and white. It's black and white. How do you know it's black and white? We have their emails. Can you read me? Their e mails on the emails basically said they're using the company resource to buy items to buy samples while they were paying for them. They were taking advantage that using company time company email and your time spent building a business while you're working for a company. Those air hours that you should be spending on, I said. I'm not sure I want to do anything about that other than talk to them. Matt of loss Prevention said. Mark. I'm not the only one who knows. My staff knows there are a number of people who investigated number of people who've read these emails. Another rip people, not just myself have come up with these conclusions, and they know a meeting with you. So I said to him, I get it. But your decisions on what to do are different from mine. I'm in charge. We all have opinions. And he looked at me said Do you want my opinion? I said in this case I do. And he said to me I'll give you my opinion. That I would never be able to look at you the same way. Would never be able to respect your position or you in that position if you don't take action. Tonight. We're talking opinions. I asked for his opinion. And I'm entitled to my own opinion. But in this case.