17 Burst results for "Chris Garageio"

"chris garageio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:07 min | 7 months ago

"chris garageio" Discussed on Bloomberg Radio New York

"And fish oil supplements may help prevent autoimmune diseases The research revealed people age 50 and older taking 2000 international units of vitamin D three had over a 20% lower rate of diagnosed autoimmune diseases There was also a possible link discovered between taking 1000 milligrams of fish oil and a reduction in autoimmune disorders I'm Chris garageio Actor Midler is responding to West Virginia governor Jim justices unusual request earlier in the week the Republican told middle and critics of his state to kiss his dog's heinie before proceeding to hold up his dog's rear end Midler says based on West Virginia ranking on a best state list that his dog's rear end would make a better governor than him Justice called out middle after she tweeted last month that west virginians were poor illiterate and strung out Midler later apologized for that tweet Chris Brown is facing another lawsuit The story from Mark Mayfield TMZ reported Thursday that the R&B singer is being sued by a woman who claims he drugged and sexually assaulted her on a yacht at diddy's Miami estate back in 2020 According to reports the unnamed woman says Brown handed her a drink which she believed was spiked led her into a bedroom and raped her She is asking for $20 million citing severe emotional distress Brown has not commented on the allegations I Mark Mayfield the Los Angeles area home that belongs to the family of longtime jeopardy host Alex Trebek is on the market for $7 million Trebek purchased the property in 1991 for just over 2 million The compound in freiman estates features a Mediterranean style mansion at its center along with grassy lawns lush gardens and oak trees The mansion itself has four bedrooms 9 bathrooms a library a wet bar and a movie theater The property that sits in the foothills of the Santa Monica mountains is a half hour drive to the Sony a picture studios in Culver City where jeopardy is taped The 8 time Emmy winning master of ceremonies hosted the merger Griffin created game show from 1984 until just before his death from cancer in 2020 Trebek's daughter Emily is handling the sale Somebody in California has won over 420 million in the mega millions lottery one ticket had all 6 correct numbers in last night's drawing of the multi state lottery the $421 million jackpot is the 13th largest and mega millions history The California lottery says the winning ticket was sold at a Chevron station outside of LA The winner will have a $289 million cash option I'm Chris courage And I'm Susanna Palmer in the Bloomberg news room The powerful winter storm that arrived in the northeast today caused big traffic headaches for planes and trains Luckily a lot of people in automobiles were able to stay off the roads In the aftermath the cold will be a problem says governor Kathy hoku When the weather is this cold this is where the dangerousness since then Officials all over the tri state area are telling people to continue to stay off the road so workers can get to the big task of cleaning up Governor hoku announced today that statewide COVID-19 cases and hospitalizations continue to trend downward according to the governor's office new cases declined by 50% over the past week and hospitalizations dropped by more than 500.

Trebek Midler Mark Mayfield Chris garageio governor Jim heinie West Virginia autoimmune diseases Brown TMZ Chris Brown Santa Monica mountains Miami Culver City
"chris garageio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:35 min | 7 months ago

"chris garageio" Discussed on Bloomberg Radio New York

"Not be eradicated however while speaking to Israel's N 12 news he said we should be able to come to normal lives in a few months He noted there will continue to be anomalies such as a Macron but he believes the variants will be able to be controlled through vaccines Borla also noted that the best way to avoid being hospitalized with the virus is by getting the shot Today marks the 49th anniversary of roe versus wade the landmark Supreme Court ruling that led to the legalization of abortion in the U.S. White House press secretary Jen Psaki told reporters that a woman's right to choose is a long established constitutional right She argued that reproductive healthcare rights are under assault and Republican led states across the U.S. the current Supreme Court is now weighing a case that could spell the end of protections for abortions Tonight's Powerball jackpot continues to grow the jackpot is worth about 76 million bucks with a cash payout of about $53 million Numbers into night's lottery will be drawn at 8 o'clock Pacific time Meantime Tuesday's mega millions jackpot is worth 396 million I'm Chris garageio And I'm susannah Palmer in the Bloomberg newsroom battered Bitcoin has lost 50% of its value since its peak setback in November That peak $67,734 Today Bitcoin was treating around $35,000 Bitcoin's decline from its peak has wiped out more than $600 billion in market value and over $1 trillion has been lost from the aggregate crypto market That includes other cryptocurrencies such as Ethereum with tough laws in the state of New York governor Kathy hoku is calling on Washington to do more to curb gun violence She says guns coming in from other states are flooding New York City where two officers were shot on Friday I have pledged the.

Borla U.S. White House Jen Psaki Bitcoin Supreme Court Chris garageio susannah Palmer Bloomberg newsroom Israel U.S. governor Kathy hoku New York Washington New York City
"chris garageio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:35 min | 7 months ago

"chris garageio" Discussed on Bloomberg Radio New York

"Price as the company pledged to be radically transparent about price negotiations with drug companies Snoop Dogg and Martha Stewart are teaming up for this year's puppy bowl the duo is set to each coach a team for the 2022 puppy bowl 18 on Super Bowl Sunday Over 115 adoptable puppies will take part in the event that will air on February 13th at 2 p.m. eastern on animal planet and discovery plus I'm Chris garageio I'm Barry ritholtz you're listening to masters and business on Bloomberg radio My extra special guest this week is Tina Vander steel She is the head of famed investment firm GMOs emerging market Debt team So let's talk a little bit about the state of EM investing today So looking at this from an equity market perspective I look at what took place in China and the change in the government and the change in attitudes towards companies like Alibaba kind of makes me look at the country at least now and say they appear to be frightening from an equity perspective I'm would be reluctant to put capital at risk there What do you make of the geopolitical worlds and the various risks they present are there certain countries that hey there's no respect for the rule of law or sanctity of contracting or private property for that matter And therefore regardless of the potential upside in the dead instruments we just don't believe that any money is safe there because of that It's a good question and I would say for the fundamental credit analysts who we have on the team we rely a lot on precedents frankly So I'll take an example from a few years ago in well first I guess in 2014 in Kazakhstan and then later a few years later in Azerbaijan where we weren't involved in the Kazakh one there was a big bank in Kazakhstan And I'd actually don't know the name of it but the ticker was beatas And over the course of a weekend they rewrote their bankruptcy laws and basically wiped out the bank creditors And so you look at that and you say gosh that's a serious risk that we should take into account If we weren't involved because the risk premium that you're being paid over Kazakhstan wasn't enough to even contemplate such a thing at the time In that case they went on to have quite a lot of debt relief for the country So this is 2014 after that oil market collapse And so oil sensitive countries like Kazakhstan needed debt relief and so forth We fast forward to Azerbaijan and there was a fascinating case that we were involved and we owned some bonds from this bank called the international bank of Azerbaijan It was 90 something percent government owned So we considered it a state owned enterprise That followed that same playbook over the weekend they rewrote their bankruptcy laws and so forth and they gave a very mild haircut to creditors It actually was more or less NPP neutral So they got all the reputational hit of doing this but they got none of the debt relief that Kazakh style that under a head scratcher why on earth would they do this It's still in the London courts by the way I actually wrote to the finance minister of Azerbaijan I said this just doesn't make any sense Conditional on your writing off creditors you should at least get some debt or need for doing it But to your point all you can do is file these away and understand what's happened in the past and make some educated judgment about how likely the current administration or dictator or whatever it is of the country is likely to do that in the future That's an art Like I said the credit research people on my team have a very hard job Sounds like they got some bad counsel that Azerbaijan That's kind of interesting Let's go in the opposite direction When you look around the world where is there safe EM debt and I'm assuming the safer the debt perhaps the lower the potential alpha you're going to see from that is that a fair way to look at this You're asking about a cake and eating it too Yeah pretty much Yeah So earlier we talked about 14 trillion in negative yielding debt So we ask ourselves the purpose of holding a certain class of government debt we used to refer to it as the anchor to windward portfolio The hell or high water portfolio Is to have ballast in your portfolio in the event that there is a severe equity market decline or risk assets decline whatever that is The cost of holding that debt right now in many of the major markets whether it's bonds or oats or JVs or so forth is holding a negative yielding asset It's an insurance premium almost So the question is is can you choose from the group of positive yielding local markets on a currency hedged or unhedged basis in the event that you're willing to take some currency risk and you think it's well priced That has the defensive properties of these developed markets bonds but with positive yields And the answer to that is yes there's a small clutch of these things They are not countries for the most part They're not the poor countries They are the Taiwan and Koreas of the world But those markets do present as relatively safe No not safe from financial repression None of us is safe from financial repression But safe in a anchor to windward statistical sense Really really kind of interesting What parts of the world do you excited about Any countries that you're looking at and thinking wow this is under priced and there's a ton of upside here I would say the thing that's glaring right now are the stressed and distressed emerging countries So we're at if you take out the real wise of the pandemic the difference between the high yield sub piece of our hard currency benchmark versus the investment grade one is that very very wide levels So not pandemic levels but very wide levels about 500 over investment grade Within that subset there are arbitrage like positions that can be set up and by that what I mean is these are countries whose bond prices indicate a high likelihood of default So can you ensure the default case while holding on for the no default case And in a handful of those countries the answer to that is yes And I think those make some of the most interesting opportunities You want to name names What countries present those sort of opportunities I would say Ivory Coast is one Ghana is one El Salvador is one So there's some interesting ones Really interesting You mentioned the response to the pandemic How did various.

Kazakhstan Azerbaijan Chris garageio Tina Vander Barry ritholtz international bank of Azerbaij Snoop Dogg Alibaba Martha Stewart China London Koreas Taiwan Ivory Coast Ghana El Salvador
"chris garageio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:59 min | 7 months ago

"chris garageio" Discussed on Bloomberg Radio New York

"Democrats to stop being the whiny party What you do chuck is you run on what you got You don't run on what you didn't get And the stuff you got is pretty good Appearing on NBC's meet the press carville noted achievements of his party included low child poverty rates and their creation of millions of jobs despite President Biden's sinking approval rating He told Democrats to gloat and promote the accomplishments of the past year Carville also pointed to legislative shortcomings like build back better and voting rights as platforms to run on in 2022 I'm Chris garageio I'm Doug Chris at Bloomberg world headquarters in New York Let's check this hour's top business stories on the markets China's economic growth weakened last quarter GDP grew at 4% from the fourth quarter in 2020 Now that is higher than estimates however it's slower than the prior three months At the same time China's retail sales gained 1.7% in December That is roughly half of what the market is estimated Industrial output rose 4.3% in December year over year that did beat estimates However before these numbers were released the PBOC cut two key interest rates Macau casino operators are rallying in Hong Kong We've got chairs in wind Macau rallying by more than 10% You might remember late last week the local government announced changes aimed at tightening oversight over all these new laws were viewed as relatively mild versus expectations Unilever is considering a potential sweet and takeover offer for GlaxoSmithKline's consumer products division over the weekend glaxo rejected a $68 billion offer from Unilever and now we are told Unilever has held talks with a couple of banks about additional financing for a higher bid It's a holiday shortened week here in the U.S. American markets will be closed on Monday in observance of MLK day and as a result there will be no trading in U.S. sovereign debt in the Tokyo session or in the London session We have the ten year treasury last quoted in New York at a yield of 1.78% We check markets every 15 minutes here on Bloomberg in Tokyo de Nike ahead 7 tenths of 1% hang tsing is down 7 tenths of 1% on the Chinese mainland Shanghai composite hire by half of 1% and sold a cost beat down 1.2% and in Sydney the ASX 200 higher by a tenth of 1% Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalists and analysts in more than 120 countries This is Bloomberg You're listening to Bloomberg intelligence with Alex Steele and Paul Sweeney on Bloomberg radio We'll be here each and every week at this time Tapping into our Bloomberg intelligence analysts covering some 2000 companies in 130 industries worldwide So we've taken a look at themes and an ETFs as well Let's take a look at another themed type investment That's digital payments They just rock solid in 20 21 now You have a tech sell off that's been under wave of volatile tech market What does that mean for the payment space Let's bring in the expert Julie Cheryl FinTech and payments senior analyst So far what's winning what's losing What type of digital payment systems are doing well in this market what are not Really there haven't been many FinTech companies that haven't been affected in the sell off Some of them were a little bit weaker in the third quarter when we began to see some concerns around higher inflation and interest rates COVID continuing to linger what that might mean for consumer spending that affected the processors a lot and they were down 8 to 10% More recently in the fourth quarter and into this year we've seen an even broader slowdown 15 to 20% kind of sell off Some of those real high flyers in FinTech The real growth Y kinds of tech heavy companies that are known for digital wallets and super apps and all those exciting things But we're valuations just began to look pretty expensive in this world of multiple contractions when they are concerned about the very strong growth continuing into 2022 So what's the underlying growth story for FinTech here It just seems like at least for me my usage of financial technology accelerated dramatically during the pandemic It has is that just pulling forward some demand that probably would have already been there How do you think about the longer term story here Yeah I think that's definitely the bear case is this idea that growth was so strong in the second half of 2020 and most of 2021 looking at the top line that it has to slow down that a lot of it was pull forward of demand in the shift to digital world that was accelerated by the pandemic But ultimately from where we stand those fundamental drivers of growth for fintechs really hasn't changed And they continue to be just the ongoing shift to.

Unilever President Biden Chris garageio Doug Chris Bloomberg world headquarters GlaxoSmithKline Macau Bloomberg carville Carville China PBOC
"chris garageio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:01 min | 7 months ago

"chris garageio" Discussed on Bloomberg Radio New York

"Who can not be relocated are to be laid off I'm Chris garageio And I'm Susanna Palmer in the Bloomberg newsroom And eviction moratorium in New York State ended today over 500,000 New York families are reportedly behind on their rent and over 40% of those households have children The eviction moratorium was put into place to help tenants struggling during the pandemic as the moratorium ends authorities are bracing for a flood of eviction cases tenants in trouble are being urged to apply for emergency rental assistance renders are also being advised to seek low cost or free legal help New York State tax revenue soared to $84.4 billion in the first 9 months of the fiscal year more about that from Bloomberg's Pellegrini And susannah $84.4 billion is $12.9 billion more than forecast State controller Thomas Denali says the tax revenue is boosted by a business tax It was established in April as a workaround for federal limits placed on state and local tax deductions Denali saying in a news release that New York collected $10.2 billion from a pass through entity tax Denise polygon Bloomberg radio A federal judge on Friday banned the controversial former pharmaceutical executive Martin shkreli from ever working in that industry again and ordered him to return $64.6 million in wrongfully obtained profits Judged in his coat of the U.S. district court for the southern district of New York ruled on a civil lawsuit brought by 7 states and the Federal Trade Commission against shkreli who is serving a 7 year prison sentence for securities fraud The judge found he had increased the price of daraprim a lifesaving drug by 4000% and created a scheme to block competition from generic drugs It's a short and week of trading in the U.S. with both the stock and bond markets closed on Monday for the Martin Luther King Jr. holiday Global news 24 hours a day on air and on.

Chris garageio Susanna Palmer New York Thomas Denali Denise polygon Bloomberg radio New York State Martin shkreli susannah U.S. district court Bloomberg shkreli Federal Trade Commission Martin Luther King Jr.
"chris garageio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:01 min | 7 months ago

"chris garageio" Discussed on Bloomberg Radio New York

"Market news you need Rates are low earnings are pretty good Along with the insides you didn't know you needed I'm walking my dog when I'm taking Steve around the blocks Do you think so Yeah Steve Bloomberg markets with Paul Sweeney and Matt Miller My dream scenario is that Paul sells his house then the bubble bursts and then I can find one We do mornings at ten eastern Never met Steve I love that TV a lot On Bloomberg radio the Bloomberg business app and Bloomberg radio dot com Colleague Bill police are reporting a hostage has been released from the Dallas area of synagogue the man is unharmed and has been reunited with his family FBI crisis negotiators are continuing to contact the subject holding the remaining victims hostage The standoff began about ten 30 a.m. local time and reports are the hostage situation is linked to an effort to free a woman who is serving a sentence in a Texas prison for attempted murder and assault on Americans in Afghanistan in 2010 The services at congregation Beth Israel were being streamed live on Facebook when the situation began but the live stream was taken down as things unfolded Airlines were ramping up cancellations ahead of a winter storm poised to hit the east coast so far 2000 flights have been canceled for Sunday American Airlines hub Charlotte Douglas international airport North Carolina is reporting nearly 90% of its flights are canceled American is not the only carrier preemptively canceling flights so far Delta and Southwest have both canceled about 150 flights I'm Chris garageio And I'm Susanna Palmer in the Bloomberg newsroom Cruz in Passaic contained a fire at a chemical warehouse today The blaze at majestic industries and the Qualcomm chemical plant burned through Friday night and hit buildings housing plastic and chlorine though the fire chief says that the threat of air pollution from such materials is under control One firefighter was taken to a hospital after being struck by a debris though officials say he is doing well Pasaic fire chief Patrick Trent cost says Cruz will continue to make sure there aren't any issues.

Bloomberg Steve Bloomberg Paul Sweeney Bill police Matt Miller Steve Charlotte Douglas internationa congregation Beth Israel synagogue FBI Chris garageio Dallas Susanna Palmer Paul Bloomberg newsroom Cruz Afghanistan majestic industries American Airlines Qualcomm chemical plant
"chris garageio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:21 min | 7 months ago

"chris garageio" Discussed on Bloomberg Radio New York

"Would most likely be deadly since there is no way to treat it I'm Chris garageio And I'm Susanna Palmer in the Bloomberg news room And eviction moratorium in New York State ended today over a 500,000 New York families are reportedly behind on their rent and over 40% of those households have children The eviction moratorium was put into place to help tenants struggling during the pandemic as the moratorium ends authorities are bracing for a flood of eviction cases tenants in trouble are being urged to apply for emergency rental assistance renders are also being advised to seek low cost or free legal help New York State tax revenue soared to $84.4 billion in the first 9 months of the fiscal year more about that from Bloomberg's stinney's Pellegrini And Sasha $84.4 billion is $12.9 billion more than forecast State controller Thomas de Napoleon says the tax revenue is boosted by a business tax it was established in April as a workaround for federal limits placed on state and local tax deductions to Napoli saying in a news release that New York collected $10.2 billion from a pass through entity tax Denise Pellegrini Bloomberg radio A federal judge on Friday banned the controversial former pharmaceutical executive Martin shkreli from ever working in that industry again and ordered him to return $64.6 million in wrongfully obtained profits Judged in his coat of the U.S. district court for the southern district of New York ruled on a civil lawsuit brought by 7 states and the Federal Trade Commission against shkreli who is serving a 7 year prison sentence for securities fraud The judge found he had increased the price of daraprim a lifesaving drug by 4000% and created a scheme to block competition from generic drugs It's a short and week of trading in the U.S. with both the stock and bond markets closed on Monday for the Martin Luther King Jr. holiday Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm susannah Palmer This is Bloomberg Bloomberg opinion informed perspectives and expert data driven commentary on breaking news Welcome to Bloomberg opinion on Bloomberg radio.

Chris garageio Susanna Palmer New York Thomas de Napoleon Bloomberg news Bloomberg radio Denise Pellegrini Martin shkreli New York State U.S. district court Bloomberg shkreli Sasha Napoli
"chris garageio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:23 min | 8 months ago

"chris garageio" Discussed on Bloomberg Radio New York

"I'm Chris garageio And I'm Susanna Palmer in the Bloomberg newsroom New York State shattered its record for new COVID-19 infections reporting 85,476 cases today as the omicron variant continues its lightning spread The tally today almost 9000 higher than the day before Newly sworn in mayor Eric Adams addressed the people of New York City for the first time He took the oath of office in Times Square just after midnight and arrived at city hall by 8 30 this morning ready to take on the challenges the 5 boroughs face with increased crime A surge of COVID cases and preventing another lockdown Adams made it clear he has no plans to issue a lockdown This would be our new year's resolution We were not the control by crisis Adams said with the advancement of treatments testing and vaccinations he saw no reason why New York City should close Transportation secretary Pete Buttigieg asked AT&T and Verizon to delay a 5G wireless service set to begin next week This is airlines say it may pose a safety risk by interfering with aircraft electronics the top airlines trade group filed an emergency request with the Federal Communications Commission asking for a delay in the rollout Bloomberg's Greg Jarrett has more on that Airlines for America which represents the tan major U.S. passenger and cargo airlines says more time is needed to resolve the dispute It's calling on the regulatory agency to delay use of airwaves near dozens of international airports including Newark liberty and New Jersey John F. Kennedy and New York and George Bush airport in Houston Greg Jarrett bumper grenier New Jersey's minimum wage increases to $13 per hour today The dollar jump part of legislation signed by governor Murphy in 2019 that gradually raises the minimum wage to $15 per hour by 2024 for most employees Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalists and analysts in more than 120 countries I'm susannah Palmer This is Bloomberg You're listening to balance of power with David Weston on Bloomberg radio Still to come this hour Carly fiorina tells us what it takes for effective communication.

Chris garageio Susanna Palmer Eric Adams Greg Jarrett Pete Buttigieg Adams New York City Times Square city hall New York Newark liberty Bloomberg George Bush airport Federal Communications Commiss Verizon U.S. governor Murphy New Jersey
"chris garageio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:03 min | 8 months ago

"chris garageio" Discussed on Bloomberg Radio New York

"Market I'm Chris garageio From the Bloomberg newsroom I'm Larry kasky China's Central Bank is pledging greater support for the real economy in the statement published on its website today the people's bank of China promised more proactive use of monetary policy tools it also reiterated its aim to promote the property sector's healthy growth protect homebuyers rights and work to better meet housing demand Separately Walmart may be swept into the escalating tensions between the U.S. and China over alleged human rights abuses in Xinjiang more from Bloomberg's Denise Pellegrini Mary Chinese social media has erupted over allegations Walmart has stopped selling items from Xinjiang at Sam's Club's locations there Weibo post from consumers in China's sake They used to be able to buy Apple states and other Xinjiang items But now the shoppers are posting screenshots showing no search results for the word Xinjiang at Sam's Club And the topic is trending with tens of thousands of posts and hundreds of millions of views there Other U.S. retailers have already faced boycotts for their stance against Xinjiang products And that new law just signed by President Biden this week bans companies from selling goods here in the U.S. made with Xinjiang components unless they can prove forced labor was not involved Denise Pellegrini Bloomberg radio Russia is turning up the heat on Google and Facebook parent meta platforms for failing to comply with orders to remove band content A court has fined the company the total of $125 million and said they could face additional penalties if they don't remove the material Organizers of next month's CES technology conference continue to press ahead with plans for an in person gathering even its COVID concerns have a growing number of participants dropping out GM Intel and Waymo were among the latest to say that they would participate virtually instead Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalists and analysts in more than 120 countries I'm Larry coskey This is Bloomberg.

Xinjiang Sam's Club Chris garageio Larry kasky people's bank of China Bloomberg Denise Pellegrini Mary China Walmart U.S. President Biden Central Bank Denise Pellegrini Bloomberg radio Apple Russia Waymo Facebook Google
"chris garageio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:51 min | 8 months ago

"chris garageio" Discussed on Bloomberg Radio New York

"I'm Chris garageio This is a special edition of Bloomberg law with June Grasso looking back at some of the most important law cases of the past year From Bloomberg radio Back in June the Supreme Court cleared the way for student athletes to get more compensation in a decision that may loose in the NCAA's grip over college sports The justices unanimously rejected the NCAA's bid for broad antitrust immunity and upheld an order that will allow member schools to provide more education related benefits I've been talking to Audrey Anderson of bass berry and Sims So under current NCAA rules scholarship funds to student athletes are capped at the cost of attending school Things like tuition and room and board What can they get after this ruling And it's only the injunction only applies to division one football and men's and women's basketball Because those were the only students in the certified class Who as to those student athletes schools can provide them education related benefits that are not cash in an unlimited amount So more books more computer equipment musical instruments all related to their education In an unlimited amount as to something that is cash or cash equivalent they can only give that in an ad for an academically related benefit in an amount of $5900 Because that's the amount right now that the NCAA says that the student athletes may be eligible for athletically related awards There's also it includes study abroad internships and schools can be very inventive in shaping these education related benefits So are we talking tens of thousands of dollars or more Some student athletes may be able to get that amount of benefit They could also get scholarships for graduate school So yeah yeah we are Right now schools are paying or are putting out lots and lots of money for better athletic facilities for coaching staff for other things They're competing on the basis of money that's going to other things that do not quite as directly benefit the student athletes So competing on the basis of money is nothing new They're doing that right now It just doesn't as directly benefit the student athletes So more than a dozen states have already passed laws that allow college athletes to be paid for the use of their names image and likeness The NCAA says it's going to consider or is considering whether student athletes can be compensated for that Do they override what the NCAA says Yeah they do These name image and likeness laws are talking about what third parties not the schools themselves but third parties can pay to license the name image and likenesses of student athletes So a couple of a lot of different ways this could happen but some of the easiest ones you might think of are car dealership in the college town where a student athlete is pays for the name image and likeness of the quarterback for the football team And uses that on their advertising Or soon athlete has a social media presence And somebody pays to put advertisement on it Right Those are both ways that a third party might pay for the name image and likeness of a current student athlete So that's what these laws are about The only thing that stops student athletes from doing those kind of deals right now is that the NCAA would say that they are ineligible to participate in NCAA competition because if you get that kind of revenue right now under NCAA rules your ineligible The state laws say in our state university you can't have a rule that says the student athlete is ineligible to participate in athletic competitions because he or she gets money for their name image and likeness So I think the most universities will abide by the state law rather than to go to a rule And the NCAA is also going to is also going to consider this the NCAA was going to was poised to make changes to their rules to allow student athletes to be compensated in some way by third parties for their name image and likenesses They were going to consider those rules for adoption in January of this year of 2021 but then they put a pause on it because the Department of Justice at the United States said that there might be some antitrust problem with those rules So now one aspect of those rule of the rules that were being considered they ended up changing and that was probably the most problematic woman antitrust perspective It's problematic because the state laws are a little different One from another and so it's going to be hard for the NCAA to pass its own rules that are consistent with all of the states laws that are in effect right now If some athletes are getting potentially a lot of money from these deals doesn't that change the nature of the sport Their argument that there's any amateur nature left in these divisions seems gone It does make their amateurism argument as they have defined it in the past That's a whole lot harder for them to make Yeah Under the Supreme Court decision individual athletic conferences can still set limits if they choose to what does that mean So what that means is that the rules that have been found that violate the antitrust laws.

NCAA Chris garageio June Grasso Audrey Anderson bass berry football Sims Supreme Court basketball Department of Justice United States
"chris garageio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:35 min | 8 months ago

"chris garageio" Discussed on Bloomberg Radio New York

"One President Biden's massive build back better Bill appearing on Fox News Sunday the West Virginia Democrat said he's tried everything humanly possible to work with the legislation The announcement effectively killed The White House's top legislative priority Manchin cited concerns over inflation the federal debt and a surge in COVID-19 infections as his main reasons for saying no to build back better So The White House is upset with mansion and released a statement Sunday press secretary Jen Psaki refuted mansion's reasons for withdrawing his support of the social spending bill and called his decision sudden and inexplicable The statement went on to say that The White House will continue to press the West Virginia senator and find a way to move forward with build back better in the new year Colorado governor Jared polis is in favor of changing the definition of fully vaccinated I wish they'd stopped talking about it as a booster chuck It really is a three dose vaccine And every piece of data that we're seeing shows that that's the case Appearing on NBC's meet the press the democratic governor also called for President Biden to address the issue in his Tuesday speech on the Akron variant The governor noted that people who have received all three doses of the vaccine are 47 times less likely to die than somebody who is unvaccinated The NHL and its Players Association are announcing that cross border games will be postponed for the upcoming week The announcement Sunday comes as the league takes on a rising number of COVID-19 cases 12 games that would have taken place between Monday and Thursday are affected by this decision A music professor is proving that students don't read the syllabus kenyon Wilson of the university of Tennessee at Chattanooga hit a cash prize for his students on campus with a hint to its location buried in the class syllabus He found the $50 bill he had placed in the locker still there at the end of the semester Wilson posted about the results of his experiment on Facebook where it went viral Many replies found the prank amusing and encouraged him to repeat the experiment next semester or try a new trick altogether I'm Chris garageio Rapper Draco the ruler is dead following a stabbing at a Los Angeles concert The 28 year old whose real name was Daryl Caldwell was stabbed backstage at the once upon a time festival concert called wells death was confirmed by his publicist Scott Johnson other acts in the festival's lineup included Snoop Dogg ice cube and 50 cent live nation ended the festival an hour early an LAPD spokesperson said no arrests have been made Singer Rod Stewart.

Jen Psaki West Virginia White House President Biden Manchin Players Association Jared polis Biden Fox News kenyon Wilson mansion Akron NBC Colorado NHL university of Tennessee Chris garageio Chattanooga
"chris garageio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:00 min | 8 months ago

"chris garageio" Discussed on Bloomberg Radio New York

"Doctor Anthony Fauci is admitting scientists didn't see the level of possible COVID-19 mutations coming appearing on NBC's meet the press The White House chief medical adviser reacted to a recent quote from vice president Kamala Harris saying scientists didn't anticipate the delta or Akron variants The extraordinary number of mutations in amino acid substitutions particularly with amme no one had expected at that much Fauci explained that scientists expected to see COVID variants but didn't foresee the extent of possible mutations he called the 50 mutations seen in a unprecedented Your friendly neighborhood Spider-Man is topping off this week's box office Spider-Man: No Way Home scored the third biggest opening weekend in box office history earning $253 million in its debut weekend in the U.S. and Canada The new Spidey picture is the first film in the COVID pandemic era to top $100 million at North America's theaters I'm Chris garageio This is Bloomberg intelligence with Alex Steele and Paul Sweeney on Bloomberg radio So I live in Brooklyn Park slope and you could like throw a penny and hit some sort of fancy organic Y kind of market They're kind of a diamond doesn't at this point They're also some within the public market or those that want to become public And one of them is thrive market It's an online natural and organic grocer So they could get as much as $2 billion in an IPO and that's according to Bloomberg intelligence equities and consumer Staples analysts Diana rosa Pena Diana thanks for being here Thank you for having me Okay first off thrive market What is it So it's basically what they do is like you said it's a natural and organic grocery store but they operate on ecommerce They use kind of like the same thing as you would say like a Costco model which is subscription based And they have a limited selection that you can choose from So before we get to them going public or anything how much do they make off of that stuff 'cause I would think so I pay a subscription and then I get access but I may not get what I actually want So to be able to buy from them Yes The subscription and the annual subscription is about $60 a year or $10 a month And you can get a premium a natural and organic brands at this count they can discount as much as 30% Oh wow So that's quite a lot What's our sales growth been like So before the pandemic they were growing at a 40% clip and in 2020 they grew 90% So oh wow You know for them to be able to reach that $2 billion IPO market cab they should be probably registering sales this year of about 35% So that seems very doable from what they've done Absolutely Absolutely Okay so they get the 2 billion What are they then do with it Where do they want to grow What is the growth rate that they think that they can continually hit So I think the same pays that they have registered before I think below 50% I think it is something that they're comfortable with We broke the story Bloomberg news broke the story this summer that they might be interested in pursuing an IPO And I think with the IPO craze that has happened very different industries I think they should be posed to have a very positive IPO coming to 2022 You write this in your note for Bloomberg intelligence So is it a niche ecommerce operator in the grocery segment or grocery store that happens to have an ecommerce operation Yes so another part of the story of their market cap IPO goal is that obviously multiple is important At $2 billion that will put them at a 2.9 to three times sales which will put it close to something as same as HelloFresh or delivery hero And higher than other natural and organic grocery stores such as sprouts So it depends on what the market thinks of them are they ecommerce operator in the grocery segment or are they a grocery operator that just happens to have an ecommerce operations I think that will be the key of a higher multiple than the market Do you think that they stay independent or do you think that someone's going to buy them Well it's hard to say The industry has actually prefer to do talk in acquisitions This is a rather small it will be a small market cap compared to other acquisitions but it's still relatively high In terms of the industry itself there hasn't been a lot of acquisitions lately So it really depends on how much they generate and how big the market cap will be Which brings us to the overall addressable market Like I mentioned in the beginning you know I live in park slope So it seems like the whole area is the addressable market But in globally or in the U.S. how big could this actually be So actually new hope which is a natural and organic data provider a key data provider They estimate that by 2023 the U.S. natural and organic ecommerce market growth to $24 billion which will have a penetration of 8% which is compared to other parts of the industry It's relatively low but I think it's definitely doable coming 2023 You think there are too many players out there for that to be the case Well I think it's in terms of the category penetration I think the fact that Walmart and target and Costco have selections in the natural organic has been a bigger driver for the category as a whole rather than the specialty stores Great stuff thank you so much Diana rose their opinion Bloomberg intelligence equities and consumer Staples analyst Okay let's turn to one of the geopolitical issues probably of 2022 And that's going to be what happens to Russia and sanctions Let's talk about that now with Thomas nettle Bloomberg intelligence emerging Europe analysts senior analyst Okay Thomas what are we going to see Do we are you sanctions and particularly what it means for a.

Chris garageio Alex Steele Paul Sweeney Bloomberg radio IPO Bloomberg intelligence equitie Diana rosa Pena Diana Anthony Fauci Kamala Harris Fauci
"chris garageio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:46 min | 9 months ago

"chris garageio" Discussed on Bloomberg Radio New York

"Director says COVID-19 is likely to become an endemic disease in the U.S. and around the world Doctor Rochelle Walensky says 99% of the coronavirus cases in the country are the delta variant but they were keeping a close eye on the ami Kron variant as well Walensky noted the risks with COVID are still much more extreme if a person is unvaccinated She added it's her duty to get as many people around the country vaccinated as possible to limit the damage Police are saying they're looking to charge the person who helped hide the parents of the suspected Michigan school shooter Oakland county sheriff Michael Bouchard said the department believes the parents were helped in getting into an art studio where they were ultimately arrested Bouchard said the prosecutors could charge the individual who allegedly insisted them with aiding and abetting or obstruction of justice Longtime country singer Stonewall Jackson is dead a Jackson family member tells W smb TV that he died Saturday after a long battle with dementia He was 89 I'm Chris garageio And I've Denise Pellegrini in the Bloomberg tri state area newsroom And as we've been reporting CNN is fired Chris Cuomo That's for aiding his brother against sexual misconduct allegations and that move comes after an investigation by the New York attorney general showed in more detail how he had helped his brother Former governor Andrew Cuomo against sexual misconduct delegations An economist at Goldman Sachs are cutting their forecasts for the U.S. economy for this year and next So they're citing a certainty Goldman now says growth for the year will just be 3.8% And that is down from 4.2% and Goldman is also cutting its 2022 estimate to 2.9% from 3.3 But the job market is strengthening according to labor secretary Marty Walsh If you look at what's happened.

COVID Rochelle Walensky Walensky Michael Bouchard Chris garageio Denise Pellegrini Oakland county Chris Cuomo Bouchard U.S. Stonewall Jackson Michigan dementia Goldman Jackson CNN Andrew Cuomo
"chris garageio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:42 min | 9 months ago

"chris garageio" Discussed on Bloomberg Radio New York

"The RIAA Carrie posted a picture of herself and her new award to Instagram captioned diamonds are a girl's best friend The Christmas queen also made sure to express her gratitude saying that continued love for my song never ceases to amaze me and fill my heart with a multitude of emotions George Clooney says he's more selective these days when it comes to choosing projects the 60 year old actor told The Guardian he even turned down $35 million for one day's work for an airline commercial He says after talking to his wife Amal they agreed it wasn't worth it When asked why he would turn down a massive check like that Clooney explained the airline involved was associated with a country that is questionable at times He added even potentially losing a minute's sleep made it not worth it and in music history on this date back in 1956 the legendary recording session at Memphis son record studio featuring Elvis Presley Jerry Lee Lewis Carl Perkins and Johnny Cash took place I'm Chris garageio And I didn't Pellegrini in the Bloomberg tri state area of newsroom And as we've been reporting CNN is fired Chris Cuomo that's for aiding his brother against sexual misconduct allegations and that move comes after an investigation by the New York attorney general showed in more detail how he had helped his brother former governor Andrew Cuomo against sexual misconduct delegations And economists at Goldman Sachs are cutting their forecasts for the U.S. economy for this year and next So they're citing a certainty Goldman now says growth for the year will just be 3.8% And that is down from 4.2% and Goldman is also cutting its 2022 estimate to 2.9% from 3.3 But the job market is strengthening according to labor secretary Marty Walsh If you look at what's happened.

RIAA Chris garageio George Clooney Carrie Amal Chris Cuomo The Guardian Clooney Carl Perkins Jerry Lee Lewis Pellegrini Elvis Presley Johnny Cash Memphis Goldman CNN Andrew Cuomo
"chris garageio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:22 min | 9 months ago

"chris garageio" Discussed on Bloomberg Radio New York

"Versus the U.S. has seen over 770,000 deaths over the full course of the pandemic Data from the CDC says the total number of deaths from COVID-19 and 2020 was just over 385,000 That means there have been more deaths in 2021 than in 2020 The family of a 19 year old Chinese American man shot and killed by police last year in Pennsylvania once federal authorities to open a new investigation Christian hall's father Gareth says an assistant district attorney's insistence that this was a classic suicide by cop scenario doesn't hold any weight He was planning on he was saving money for a car He was planning on he just had far too many plans for his life Meantime a new video has been released to the public of the fatal shooting of hall and this one doesn't blur out the final four seconds like previous footage did in it hall is clearly seen with his hands in the air before being shot by Pennsylvania state troopers The TSA says three people suffered non life threatening injuries in the panic that followed false reports of an active shooter at Atlanta's Hartsfield–Jackson international airport today It happened when a passenger's gun went off at a security checkpoint Police called it an accidental discharge But the FAA did halt flights temporarily as a precaution For the first time in history a black woman will live and work on the International Space Station NASA's Jessica Watkins is slated to live on the ISS for 6 months beginning April of next year as a mission specialist It will be Watkins first mission in space She became an astronaut in 2017 and has worked in the space agency's research centers including on the Mars rover named curiosity Watkins says she hopes her work abroad the ISS will inspire more children of color to aspire to become astronauts and travel to space I'm Chris garageio President Biden is marking transgender day of remembrance The president issued a statement today noting that at least 46 transgender individuals in the United States were killed in horrific acts of violence this year Biden added each of them deserve freedom justice and joy The president urged lawmakers to pass the long stalled equality act that would amend the 1964 Civil Rights Act to formally prohibit discrimination based on sex sexual orientation and gender identity Colorado's craft brewing industries expecting to soon feel the pinch from supply chain issues across America bureaucratic Jonathan shiks says large aluminum can producers are upping the ordering requirements The minimum order was 204,000 cans in the past It's now over 1 million So it was a 5 times increase Sheik says the problem isn't the aluminum It's the capacity for manufacturers to keep up because of high demand The new ordering requirements will likely drive up production costs for breweries as they'll be forced to order from smaller distributors that will likely be passed on to consumers Saturday Night Live is revealing its hosts and musical guests for the month of December Lisa G reports Billie Eilish will be doing double duty hosting and performing on December 11th The following week on December 18th newly crowned people's sexiest man alive Paul Rudd will host with Charlie XCX as musical guest Eilish made her SNL debut in September of 2019 while Charlie XS previously performed in 2014 Lisa G reporting iconic boys bands are taking.

COVID Christian hall Jackson international airport Pennsylvania Jessica Watkins Watkins U.S. Chris garageio CDC Gareth Hartsfield Biden TSA International Space Station FAA Jonathan shiks Atlanta ISS NASA Sheik
"chris garageio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

08:09 min | 10 months ago

"chris garageio" Discussed on Bloomberg Radio New York

"Is Bloomberg 11 three O Now a global news update No trespassing signs are posted outside the home of Bryan laundry's family the signs went up along the home's perimeter today as media cruise continued their stake out of the property remains found in Florida's Carlton nature reserve this week were positively identified as the 23 year olds authorities described laundry as the only person of interest in Gabby potatoes homicide Police in New Mexico say actor Alec Baldwin was told the prop gun he was using on set was safe The New York Times reports an assistant director grabbed a prop gun and yelled cold gun meaning the weapon did not have any live rounds director of photography Helena Hutchins was killed when Baldwin pulled the trigger Thursday and filmed director Joel Souza was also shot Someone in Arizona is $108 million richer a winning ticket in last night's mega millions drawing was sold in Lake Havasu City and the winner has a choice of receiving the money in 30 graduated payments over 29 years or taking a lump sum of just over 75 million bucks I'm Chris garageio I'm Barry riddles you're listening to masters and business on Bloomberg radio My special guest this week is a kinder sing Cassidy She is a tech exec and serial entrepreneur as well as the former president of StubHub Her new book choose possibility take risks and thrive even when you fail is out and is getting excellent reviews Let's talk a little bit starting with your role as president of StubHub what was that like Did you have any surprising challenges You had to deal with in that role I feel like that's the leading question Just a touch But certainly I'm happy to share So I ran StubHub from 2018 to 2020 in that time There's a lot of surprises Some I could have anticipated in some I couldn't First of all just a phenomenal and fun experience If you've ever been in a business of live experiences and giving that gift to people of why there's just really nothing like it And I'm also happy to be a big sports entertainment fan So that doesn't hurt But when I think about the things that we're surprises number one StubHub if you know the history was bought by eBay over ten years ago And so it was an eBay subsidiary And I could have anticipated that eBay would continue to face shareholder pressure because it wasn't growing at the same rate as Amazon and its margins were declining And in fact that shareholder pressure came to pass and activist Elliot two activists joined the board Starboard and Elliott in 2020 No no in 19 my goodness In January of 2019 and put pressure on the CEO the then CEO to sells that hub as opposed to hold it So midway I was only a year into my tenure when an activist joined eBay board and quickly became apparent that we were going to end up selling the company and I was going to be leading a sale process which is not necessarily what I personally wanted But so that I could have anticipated in a sense that eBay had an activist once before And certainly when I took the StubHub job it did occur to me that that would be one potential risk that eBay itself my parents company with face pressure I expected more earnings pressure pressure to deliver our numbers every quarter There was an outside possibility of an activist The fact came in the past and that led to the sale of the company to step up sales The honest the other unexpected event was COVID And ironically StubHub sold for a record stop $4 billion We led a process that led to a successful transaction that closed on February 13th 2020 And I thought as much as I was personally disappointed you know I recognize it was a very successful business outcome And I was going to go have to find a new job because very rarely does the acquired company get to have a CEO around the combined company And I certainly was not getting that job The original founders StubHub bought back the company and he wanted to run the combined company There's a thing with you and founders coming back to run companies That's the keep in mind I've also been a founder three times right So I do understand that founder CEO dynamic and as I said I mean founders have an affinity for their companies that is really hard to I don't know It's just hard to put any price tag or any Sure Let's jump to our favorite questions that we ask all of our guests starting with Tell us what you've been streaming these days give us your favorite Netflix or Amazon prime or podcast whatever's keeping you entertained during the pandemic Sure Well I probably have three that are at the top of my list these days First of all Ted Lasso I know that my family loves so good Such a feel good funny funny show So well done Season two not so good a season one but I will just say we're still Ted Lasso diehards On Amazon a girlfriend of mine recommended mcmafia which is actually a pretty interesting for those of you who like I would say finance or financial services and the mob It's a fictional series on a British Russian financier who gets involved with the wrong folks That's a really niche one and an interesting one It's been a great series to watch Succession I'm waiting for season two and we've all watched the session And then I would say on the podcast side right now actually I am looking to do separate podcasts about Elizabeth Holmes trial once to drop out from ABC and the other one is a bad blood from John kiryu who as you know the original kind of journalist on this story So I like listening to smart people It is just keeping your breath done On the trail Really interesting stuff Tell us about some of your mentors who helped shape your career Well first of all my dad I always talked about the fact that he was a doctor but he was also an entrepreneur And he really loved looking for himself And I think he made the idea of entrepreneurship so accessible for me Remember he's also the guy who told me to take that trade trip down to New York that led to the job of Merrill Lynch Like if there was ever a champion of possibilities even small ones all the time it was my father So he is my preeminent mentor for sure And then I think the other group I'd point to is you know I've been lucky to have a lot of great people I worked for They often are my best mentors because they know me well And I know that well All the tribe jungly we talked about those four Indian entrepreneurs who started that company that I joined I mean my God they became an angel investors in the only my next company they introduced me that opportunity one of them raw shari rom was the first investor in Google So when I made the decision to go to Google and they called me with because rob pushed both of us he pushed them to call me and me to consider it And you know when the situation went awry and polyvore the number one person I called was a guy named Becky Harry and Iraq and one of those jungly founders and the one I was closest to to continue to know me and invested in all the companies I founded And I just said what do I do here And he was the one who could have gave me the look me straight in the eye or these people you tried Do they have your values advice and told me to get the hell out I really consider thank you probably the closest among that group But all four have been very instrumental in my career Let's talk a little bit about books What are some of your favorites and what are you reading right now Well one of my favorites I'm like a very kind of gee business person sometimes I don't like to read all business books but there's some I really love One of my favorites is McKinsey's gross beyond the hockey stick So if you're a leader or CEO who's always for grappling with how to get your company to grow faster and obviously it's StubHub I was trying to accelerate growth.

StubHub eBay Bryan laundry Carlton nature reserve Helena Hutchins Joel Souza Chris garageio Ted Lasso Amazon Alec Baldwin Lake Havasu City Bloomberg Cassidy Baldwin mcmafia The New York Times New Mexico
"chris garageio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:41 min | 11 months ago

"chris garageio" Discussed on Bloomberg Radio New York

"Number to help families in this economy move forward in a responsible way Speaking on CNN State of the Union the Illinois Democrat says the goal is to get the infrastructure and reconciliation legislation passed by the new target date of October 31st Durban says child care is very important as the pandemic winds down and it needs to stay in the Bill to help parents who have to return to work Several civilians are dead and a number of others are hurt following a blast at a mosque in Kabul That's what The Wall Street Journal reports a Taliban spokesperson said Sunday The blast happened at the funeral services of the Taliban's chief spokesman's mother his unclear who was responsible for the explosion The Facebook employee who leaked thousands of pages of documents that led to a Wall Street Journal series is being revealed former company product manager Frances Hogan revealed her identity in a 60 minutes interview Sunday Night in the interview she accused Facebook of choosing profits over public good It comes as the social media giant is facing heat from Congress amid the reporting series which has revealed company leaders knew more of social media's ill effects than they have led on I'm Chris courage There was a big scare at Atlantic City international airport on Saturday Paul the Castro reports All passengers and crew are safe after a bird struck a plane's engine causing the engine to catch fire Spirit airlines flight 30 44 was bound for Fort Lauderdale but was forced to stop after accelerating on the runway because a large bird struck one of the planes engines and sparked a fire Take off was immediately aborted in the passengers were returned to the terminal They were given a full refund and a travel voucher Paul the Castro reporting Guinness World Records as posthumously awarding the world's shortest cow record rainy the cow was 20 inches tall and weighed just under 60 pounds before she died at the age of two Rainey's owner told Guinness more than 20,000 people showed up at the Bangladesh farm in July to see rainy and take pictures of her She died in August from a swollen stomach Britney Spears says she has a lot of healing to do The pop star has been celebrating her new engagement and having her father removed as her conservator but on Saturday she told her fans on Instagram that now it's time to heal Spears says she's grateful to have a strong support system and is focusing right now on taking time to understand It's okay to slow down and breathe A hearing is set for next month to consider ending spears as conservative ship entirely after 13 years Fans of Winnie the pooh now have a chance to own a piece of the story England's poo sticks bridge became the setting for where Christopher Robin and Winnie the pooh invent the game poo sticks in AA milnes 1928 book the house at pooh corner Now the iconic bridge is hitting the auction block In the late 90s Disney largely funded building a new sturdier bridge after the original became a popular tourist destination This move allowed for the original bridge to be restored Summer's place auction says the auction begins on Wednesday and the bridge is expected to go for over $81,000 I'm Chris garageio I'm Brian curtiss in Los Angeles Let's check this hour to stop business stories and the markets Asian stocks opened higher but have given up all the gains and then some The S&P 500 had risen more than 1% on Friday after good results for a COVID-19 pill and positive manufacturing data In Hong Kong today China ever ground has been suspended from trading No word on a payment effectively due today OPEC plus and partners at 23 nation grouping led by Saudi Arabia and Russia will meet on Monday We get details from Bloomberg susannah Palmer Some traders have called on OPEC plus to announce faster than planned production increases as they saw Brent crude climbing above $80 a barrel last week for the first time since 2018 The group is gradually easing cuts that began as the coronavirus pandemic ravaged energy markets last year Vital group the world's largest independent oil trader says the OPEC plus cartel's production policy will be the main factor influencing oil prices over the coming months This because there's little chance of Iranian barrels returning to global markets this year and U.S. shale producers aren't investing enough to raise output quickly Well steer clear of Macau casino operators That's the message from JPMorgan analysts after data show takings missed expectations in September gross gaming revenue was up a whopping 166% but that was shy of the estimate for 200% Growth Let's check the markets the hanxing index is down 2.3% now a 577 point sell off The niche is down 337 points down 1.2% Dollar yen one ten 99 the yield on the ten year treasury 1.46% Global news 24 hours a day live and at Bloomberg quicktake brought to you by 2700 journalists and analysts In a 120 countries In Los Angeles I'm Brian Curtis This is Bloomberg This is Bloomberg intelligence We're really getting into now this streaming arms race This is looking at that and saying we can really build a nice new for ourselves In the research and data on 2000 companies and 130 industry The dollar is the dominant concept in the planet I think the acquisition is now turning progression of what Microsoft can do with this technology going forward Bloomberg intelligence with Alex Steele and Paul Sweeney on Bloomberg radio Over the next hour we're gonna dig inside the big business.

Paul the Castro Frances Hogan Wall Street Journal Atlantic City international ai Taliban Bangladesh farm Winnie Facebook milnes OPEC Durban Kabul Chris garageio Brian curtiss CNN Rainey