17 Burst results for "Chris Karashi"
Bloomberg Radio New York
"chris karashi" Discussed on Bloomberg Radio New York
"A rally to mark the one year anniversary of Russia invading Ukraine is happening in Washington, D.C., this woman fled from Ukraine. Our hearts was Ukraine and we want to support to show that we allow Ukraine and want our country to be free. The event is taking place at the Lincoln Memorial, it's being held a year and a day after the official start of the war, similar rallies were being held in major cities around the country. President Biden's upcoming budget plan won't be used in negotiations over raising the debt ceiling. That's according to treasury secretary Janet Yellen, who spoke to Reuters Republican lawmakers have pushed Biden and Democrats to agree to spending cuts to win their votes to raise the cap, the Biden administration has called for the limit to be raised without conditions, Yellen said negotiating over whether to pay the nation's bills is not acceptable. A teenager is among those under arrest for a shooting at a Georgia gas station which left 9 children hurt, it happened on February 17th in Columbus, the team is 15 years of age as name is not being released, but 35 year old D'angelo Robinson senior is also in custody, Robinson is charged with 8 counts of aggravated assault, the victims in last week's shooting were as young as 5. 5 people are dead after a medical plane crash in northern Nevada. It happened last night near stagecoach, southeast of Reno, care flight confirmed nobody survived, a pilot, flight nurse paramedic patient, and a patient's family member were on board at the time of the crash, the NTSB is among those looking into what happened. U.S. consumer spending is posting its biggest gain in nearly two years, the commerce department released a report Friday showing that consumer spending rose nearly 2% in January, which is the biggest increase in March of 2021, the report indicates that a recession is unlikely. There's a new record for the most expensive motorcycle ever sold at auction that now belongs to a 1908 Harley-Davidson strap tank, which went for $935,000 last month. It was discovered back in 1941 in Wisconsin. I'm Chris karashi. New Yorkers are having a tough time understanding why embattled congressman George Santos is still in office, Natalie mclerie is more. It's been established that Santos has lied about key information. He's been exposed and it's a horrible thing that he's still in office. He should be gone. I think he will have some shame and some dignity and just resign. He comes on the heels of the Republican's decision to co sponsor a bill that would make the AR-15 the national gun of the U.S.. I believe that everyone does have
Bloomberg Radio New York
"chris karashi" Discussed on Bloomberg Radio New York
"Care after a series of hospital stays. Julie Ryan reports. The Carter center said in a statement Saturday that he'll no longer seek additional medical intervention with full support from his family and medical team last summer the 98 year old former commander in chief announced that he had melanoma that had spread to his liver and brain. Carter occupied the Oval Office from 1977 to 1981. I'm Julie Ryan. Vice president Harris says Russia is guilty of war crimes in Ukraine, delivering the keynote speech at the Munich security conference in Germany today, Harris said that the U.S. has examined the evidence and there is no doubt Russian forces engaged in crimes against humanity. She described them as horrendous atrocities, including acts of murder, torture, and rape. The vice president vowed the Kremlin will be held accountable for its actions. The U.S. is officially calling off the search for debris from three unidentified objects shot down by the military last weekend, The Pentagon says it didn't find anything after fighter jets down the objects and remote areas over Alaska, Canada and the Great Lakes President Biden says it's likely the objects belong to private companies and we're not connected to China's spy program. The FBI is now analyzing sensors from the Chinese spy balloon that was shot down off the South Carolina coast earlier this month. Pennsylvania senator John fetterman will be hospitalized for a few weeks as he gets treated for clinical depression. That's what a senior aide to the first term Democrat told NBC News on Friday, fetterman voluntarily checked himself into Walter Reed national military medical center to receive treatment this week. His office said the senator has experienced depression off and on throughout his life, which became severe in recent weeks. The death toll from the earthquake in turkey and Syria is now over 46,000 officials expect the number of dead to keep rising as over 260,000 apartments in turkey were reduced to rubble in the 7.8 earthquake that struck earlier this month, and many are still missing no numbers have been released on how many are missing. Nearly two weeks after the quake, a few survivors are still being found. I'm Chris karashi. Gambling in the U.S. reached a record high last year as online betting apps and commercial casinos earned more than 60 billion in revenues. Aaron real reports. Roughly 84 million American adults about 34% of the population visited a casino last year, only two states Hawaii and Utah have kept all forms of gambling off limits. Every other state offers some form of commercial gambling, industry experts say that during the pandemic's reopening, a younger group of customers were introduced to casinos, and they've continued to visit and gamble. Gamblers in the U.S. lost 34 billion on slot machines last year and 10 billion on table games like blackjack and roulette, online casino games generated 5 billion in revenue up 35% from the previous year. Aaron riel reporting, the hit horror film Meghan is setting its release date on peacock, the movie will hit the streaming service on February 24th, the PG-13 theatrical cut will be available along with an unrated version exclusive to peacock, the film was the first major hit at the box office this year grossing 167 million worldwide against a $12 million budget, a sequel titled Megan two will hit theaters on January 17th, 2025. Another big fat Greek wedding movie is coming out. The third installment in the franchise will be released on September 8th, near vardalos wrote and directed my big fat Greek wedding three and will star in the movie along with her costar John Corbett. The original film was released in 2002 and made over $368 million worldwide. It's just for me pink is hitting the road
Bloomberg Radio New York
"chris karashi" Discussed on Bloomberg Radio New York
"The Carter center said on Saturday that following multiple short hospital stays the 39th president decided Saturday to spend his remaining time at home with family. Last summer, the 98 year old former commander in chief announced he had melanoma that had spread to his liver and brain, the oldest living former American president occupied the Oval Office from 1977 to 1981. President Biden has been made aware of the decision and The White House has been in touch with both Carter's family and close advisers. The State Department is confirmed U.S. Secretary of State Antony Blinken met with top Chinese diplomat Wang Yi on Saturday while at the Munich security conference, the two met and reportedly talked about the recent Chinese balloon that was shot down over the Atlantic Ocean earlier this month, Wang previously stated America's response to the balloon was 100% an abuse of force the State Department says blinken made clear that the United States will not stand for any violation of our sovereignty and said similar incidents must not happen again. I'm Chris karashi. And I'm Susanna Palmer in the Bloomberg newsroom. Vice president Kamala Harris, speaking to the Munich security conference today, said the U.S. has concluded Russia committed crimes against humanity in its invasion of Ukraine and vowed that Moscow would be held to account for its actions. She said many countries are united. The transatlantic alliance is stronger than ever. The United States will support Ukraine for as long as it takes. We will not waver. British prime minister Rishi sunak told the conference NATO allies should finalize a security guarantee for Ukraine when the alliance's leaders meet at a summit in July. One year after Russia invaded Ukraine on February 24th, the global economy is still enduring the consequences as we hear from Bloomberg's Amy Morris. Tight supplies of grain fertilizer and energy along with more inflation and economic uncertainty have created problems, especially in emerging economies. Companies and countries in the developed world have proved surprisingly resilient, a warmer than usual winter has helped lower natural gas prices limiting the damage from an energy crisis, but it all adds up to a slowing global economy. Amy Morris Bloomberg radio. Federal Reserve governor Michelle Bowman said the U.S. Central Bank should keep raising interest rates to reduce inflation. Inflation is much too high. Bowman spoke at the Tennessee bankers association credit conference in Nashville. Her comments echo that of other fed officials this week who said the Central Bank may need to raise interest rates more than previously thought to cool persistently high inflation. A member
Bloomberg Radio New York
"chris karashi" Discussed on Bloomberg Radio New York
"Is asking a New Mexico court to throw out an enhancement to involuntary manslaughter charges against him that could lead to a 5 year prison sentence for the deadly shooting on the movie rust. Brian shook reports in a motion filed Friday Baldwin's attorneys argued the actor has been unlawfully charged with a firearm enhancement in connection with the fatal shooting of cinematographer halyna Hutchins on October 21st, 2021. The current version of the fire enhancement statute was not enacted until 7 months after the shooting. Baldwin denies culpability, citing negligence by other crew members. The head of The Walt Disney Company is making it clear ESPN is not for sale. Chief executive Robert Iger said this week, he has no plans to sell the network despite increases in cord cutting and rising fees to broadcast live sporting events. Iger told CNBC that ESPN will remain a part of Disney as long as it continues to be profitable. Iger announced he's targeting 5 and a half $1 billion in cost savings, mostly from Disney's content and marketing divisions. The reduction plan is expected to reduce the media John's workforce by 7000 employees. I'm Chris karashi. And now this Bloomberg sports update. The sixers complete the one two punch of both local teams in the last 24 hours with a one on one 98 win at Barclays center over the nets what hurt was it the sixers rallied now scored Brooklyn 25 16 in the fourth quarter. Spencer Dinwiddie had a would be game tying shot to force overtime, but it was overturned after a review. Brooklyn film by three. Joel embiid and James Harden combined for 66 points, 37 and 29 respectively. Mikhail bridges had 18 and a losing cause making his nets debut. Better news for Knicks fans, though, they held off the jazz one 26 one
Bloomberg Radio New York
"chris karashi" Discussed on Bloomberg Radio New York
"The newest documents in a box initially found by the president's personal attorneys on Wednesday, all of the pages were turned over to the Justice Department, attorney general Merrick Garland appointed a special counsel earlier this week to review classified materials previously found in Biden's home and office. Governor Gavin Newsom is asking President Biden to approve a major disaster declaration for California as the state braces for another series of atmospheric rivers this weekend fema leaders said on Friday the agency will review the request as quickly as possible to help the president make the determination Demar Hamlin is back visiting his bill's teammates just about a week and a half after going into cardiac arrest on the field, the incident occurred in Cincinnati on January 2nd. The speculation now that Hamlin is going to lead the team out of the tunnel tomorrow for the bill's home playoff game against the Miami Dolphins. I'm Chris karashi. And I'm Susanna Palmer in the Bloomberg newsroom. Credit Suisse is planning to cut more than 10% of its European investment, bankers this year, adding to hundreds of job losses in London and Zürich, that, according to the Financial Times, citing people with knowledge of the plants, Credit Suisse has been reducing headcount across its divisions after announcing plans last year to cut 9000 rolls globally by 2025. The further cuts come as the bank gears up to announce its second consecutive annual loss next month. Bitcoin rose today amid optimism that it may have bottomed and inflation may have peaked. The largest cryptocurrency rose as much as 7 and a half percent to $21,299 before dropping back under 21,002nd largest cryptocurrency ether surged as much as 9.7% and other tokens also rose. China's national health commission says today almost 60,000 people have died at medical institutions from COVID related causes since early December. It's becoming increasingly difficult to gauge the impact of COVID in China as authorities stopped the frequent release of data and recently adopted a narrower definition of a coup fatality, only those who die from respiratory failure caused by the virus are counted, reports of surging deaths across a swath of the country on social media suggest the actual number of those who died from the infection may be much higher than the official count. Well, just as investors are celebrating the prospect of peak inflation and potentially a soft landing for the economy, this earnings season is likely to show there's still plenty that should keep them up at night with costs still on the rise interest rates starting to bite and consumer spending declining results are expected to reveal the start of a U.S. earnings recession, which will last until the second half of 2023. All that, according to Bloomberg intelligence strategists, analysts have been busy slashing their forecasts over the past few weeks, but the consensus for corporate profits in 2023 remains materially too high with or without an economic recession that's according to Morgan Stanley. Morgan Stanley is warning that stocks can fall about 25% in this first quarter under pressure from poor earnings and guidance. The stocks were up for a second week on optimism that inflation is moderating, and that the Federal Reserve can ease its campaign to keep on raising interest rates. But watch employment, if you want to see where the fed is headed on interest rates, says Zach hill. Head of portfolio strategy at horizon investments. And so non foreign payrolls are the new CPI reports. And you saw a pretty muted response to CPI just this week. And so we do think that the labor market is kind of key to the outlook in terms of medium term stability. For the week, the S&P 500 was up 2.7%. The Dow gained 2% this week. The NASDAQ rose 4.8%. 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 radio on demand and in your podcast team. On the latest edition of the Bloomberg surveillance podcast, I'm big bank earnings a conversation with Ken Leon of CFR. It's hard work for James Fraser because we're in the second phase of turnaround, which is execution. And who do they want to be? They've already announced and are disposing non U.S. consumer banks. And the question is, is do they have meaningful scale outside the U.S. to compete? This is a challenge. And I think investors are tired of looking at a stock that's trading at 50% to net present value or it's a book value. And what that means is that we're going to have to see concrete signs of improvement. It's really tough she has a change of leadership in the wealth management area, and that gets to Chanel's point about competing with UBS and private Swiss. I can't give him the year ahead. His international deposit or a negative in 23. John, I think it's actually
Bloomberg Radio New York
"chris karashi" Discussed on Bloomberg Radio New York
"First time since he suffered cardiac arrest after making a routine tackle during the first quarter of Monday Night Football earlier this week. Hamlin said on Instagram that the love he has received has been overwhelming and that he's thankful for everyone who's prayed and reached out, doctor say Hamlin continues to show improvement. President Biden is congratulating Kevin McCarthy on becoming Speaker of the House, Biden released a statement today calling for bipartisanship in the new Congress. The president told McCarthy quote the American people expect their leaders to govern in a way that puts their needs above all else, and that is what we need to do now. Florida governor Ron DeSantis is activating the Florida National Guard in response to the arrival of hundreds of migrants in the Florida keys, he issued an executive order Friday calling up the guard and directing the state to deploy planes, helicopters, and law enforcement agencies to help local authorities and shore public safety desantis accused President Biden of ignoring the migrant crisis in the Florida keys. I'm Chris karashi. And I'm Susanna Palmer in the Bloomberg newsroom. Elon Musk wants his upcoming fraud trial with Tesla shareholders moved out of San Francisco. Musk says jurors in the region probably will be biased against him because of recent layoffs at Twitter and local negativity that's in quotes. The billionaire who runs both Tesla and Twitter proposed the trial be held in western Texas where Tesla moved its headquarters to Austin from Northern California about a year ago, according to a filing by his attorney late Friday. Meantime, we're hearing Twitter under Musk has made deeper cuts into its already radically diminished trust and safety team handling global content moderation, as well as to the unit related to hate speech and harassment. The Seattle city school district filed a lawsuit blaming big tech for poisoning youth with social media addiction. The district says the schools can't fulfill their educational mission while students are suffering from anxiety depression and other psychological troubles. The complaint filed late Friday in Seattle says alphabet met a platform's snap and ByteDance, which owns TikTok. They're all responsible. It says for hooking young people on their platforms and creating a mental health crisis. The district includes more than 100 schools and serves about 50,000 Seattle children. IBM has lost its top patent spot. We get more about that from Bloomberg's Charlie pellet. It is the first time in decades that IBM has not claimed the most in a year signaling a strategy shift of the longtime intellectual property leader. IBM's patent count declined 44% to 4743 patents in 2022, falling to number two behind Samsung electronics 8513 the according to parodies patent 300 list. Charlie pellet. Bloomberg radio. In the wake of a devastating national teacher shortage that left thousands of open positions nationwide representative federica Wilson of Florida introduced the American teacher act. It's an effort to incentivize states and school districts to increase the minimum teacher salary to $60,000 and provide yearly adjustments for inflation. That's something representative Wilson tells ABC News is vital for ensuring that the country has its top talent for this essential societal role. These teachers need a race. They are the bedrock of this nation. They are the bedrock of this economy. Wilson calls the teacher shortage a crisis. Russia is feeling the pinch as it struggles to fund its war in Ukraine. Russia is planning to wrangle more money from some commodity producers and state companies and trim non defense spending, a few proposals were included under instructions issued to officials by prime minister Mikhail mishustin in mid December and seen by Bloomberg. 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 Susanna Palmer. This
Bloomberg Radio New York
"chris karashi" Discussed on Bloomberg Radio New York
"Near Times Square on New Year's Eve, reportedly had penned a manifesto that urged his family to repent to Allah and accept Islam. The New York Post reports the suspect traveled to the city from Maine on an Amtrak train last week and carried the handwritten note in his backpack. It's believed he may have become a radicalized Muslim in recent years following the death of his father in 2018. The injured officers are all expected to recover, the suspect was shot in the shoulder during the attack. I'm Chris karashi. The man accused of stabbing and killing four university of Idaho students plans to waive extradition. Attorney said on Saturday that waving his tradition to ido is a procedural issue, coburger was arrested just days ago in Pennsylvania, his home state. And Oscar nominated actor Jeremy Renner is reported to be in critical, but stable condition after a snowplow accident. Renner's rep says the 51 year old actor was involved in a weather related accident while playing snow on Sunday, and his home in the Sierra Nevada mountains west of Reno. I'm Mark Mayfield. Now this Bloomberg sports update, the jets are officially out of the AFC playoff hunt because they got dusted in Seattle by the Seahawks on Sunday 23 to 6 former jets quarterback Gino Smith completed his revenge tour with that win. He had wins over other teams that he had played for earlier this year. So a great season for Smith and unfortunately he ends the season for the Giants effectively by knocking them out of the AFC playoff picture, the jets play at Miami next weekend to end the season albeit with nothing to play for. The Giants they do have something to play for and they knocked off the colts 38 to ten. So they now just have the wrap up game next weekend in Philadelphia. A lot of things to be sorted out though in the AFC playoff race. Here's some teams that are still viable down the stretch. The packers route the Vikings on Sunday 41 17. The packers are on a roll. The win for Green Bay knocks out the commanders and the saints. It leaves the Lions Seahawks and packers all fighting for the final AFC wild card birth. The packers and Lions go head to head next weekend while Seattle will try to beat the LA rams. The Lions beat the bears 41 ten. The Buccaneers wrap up the AFC south by beating Carolina 30 to 24. On the ice it was the hurricanes beating the Devils in a shootout 5 to four rangers beat the Panthers in Florida final score 5 to three and the kraken take out the islanders in Seattle, final score four to one. NBA basketball Monday afternoon for the Knicks. They'll host the suns at 3 p.m. at MSG. That's your Bloomberg sports update. I'm Dan gotta ski. This is a Bloomberg money minute. With the so called triple democ of flu COVID and RSV vaccine technology is also on the rise. Michael Schrader is CEO and cofounder of vax, which has promising new clinical results on a new flu vaccine patch. The dream of getting away from needles from vaccine delivery has been around for quite some time. If you were to take a nicotine patch and put a vaccine on smack it on your skin. So we take that nicotine patch and we actually cover it with an array of what we call microneedles. Barely visible to the naked eye, loaded with the vaccine. And companies called vac sass and micron biomedical are working to bring vaccine patches to the market soon. The efforts also to distribute vaccines farther and faster. Ship them without refrigeration at all. Instead of needing a doctor or a nurse, we can now have lesser trained individually. A patch could be a solution to a major problem. There aren't too many markets where the product a needle is almost universally disliked, and must do Bloomberg radio. Bloomberg radio on demand and in your podcast feed. On the latest sound on podcasts, Virginia congressman Don buyer gives his outlook for the 118th Congress. You know, we're not going to be doing things
Bloomberg Radio New York
"chris karashi" Discussed on Bloomberg Radio New York
"Machete attack on three officers as a 19 year old man from Maine, the NYPD is now reportedly investigating a possible terrorist linked based on the suspect's social media posts, three officers were approached by the suspect Saturday night and attacked with a machete, one of the officers fired his weapon and wounded the suspect in the shoulder, the injured officers are being treated for their injuries and are expected to recover. One person is dead and several others are injured after a shooting near a New Year's Eve party in mobile, Alabama, police responded to shots fired in a 24 year old man was pronounced dead at the scene. At least 9 others suffered gunshot wounds and were taken to local hospitals. A new COVID variant is rapidly spreading across the country, according to the Centers for Disease Control, the new omicron variant called ex BB .1 .5 accounts for over 40% of all confirmed COVID cases in the U.S., 7 days ago, the strain only amounted to 21% of cases. I'm Chris karashi. And I'm today's Pellegrini in the Bloomberg newsroom. Jobs will be in focus in another holiday shortened trading week when trading resumes on Tuesday. Bloomberg's Karen Moscow has more on what investors will be watching. December payrolls are out on Friday, along with reports on the service sector and durable goods orders, U.S. markets are closed Monday and observance of the New Year's Day holiday. Tuesday is manufacturing PMI and construction spending. We get another look at manufacturing Wednesday, along with the jolts jobs report. We also get minutes from the Federal Reserve's latest meeting, and Thursday is the weekly report on initial jobless claims and the trade balance. Thank you, Karen. If you were helping China would boost global economic growth, don't hold your breath. Economic activity in China last month coming in at the slowest since 2020. Tesla offering new price cuts on its electric vehicles in China, cutting the price on the model C and the model Y by as much as $1450. Tesla has already been offering discounts in the U.S. and Ben callow, senior research analyst at Robert W Baird says he's not worried about Tesla per se, though. I'm not worried about competition as much as something just worried about the general economic environment. And people will have the wallets to pay for $6000 cars. And I think that's what the markets worry about to. And kellog has an outperform rating on the stock and a $252 price target. Tesla closed out its worst year ever with a 65% drop this year. So where should you invest this year? Barbara Ann Bernard, chief investment officer of wind coast capital, says there is one part of the market you should try to stay away from. If you look at some of the worst performers this year, it's your Amazon. It's your teslas. It was the darlings of the last decade. And so what I see is this regime shift. And that's where I get excited about the types we're going to redefine what makes a good business model. And if your business model is contingent upon cheap capital, I don't want to go anywhere near it. Ed Bernard with us there on Bloomberg radio. And are you thinking about taking a trip to Mexico and staying in an Airbnb? Well, now Mexico City's mayor is considering regulating Airbnb as home sharing booms there. More from Bloomberg's Charlie pellet. Airbnb has enjoyed a boost in Latin America's second largest economy, partly by catering to American citizens who have been settling in the country at unprecedented rates and to tourists who find it convenient to visit given Mexico's proximity to the U.S. and its lax COVID restrictions. Merk Claudia sheinbaum did not specify what kind of regulation she would be considering, but she has previously said the city government is studying whether the home sharing company contributes to rising rents. Thank you, Charlie. And you know, last year, things didn't go too well for Airbnb shares fell 49%. Global news, 24 hours a day, on air and on blumberg quicktake, powered by more than 2700 journalists and analysts in more than a 120 countries. In the newsroom, I'm Denise Pellegrini. This is Bloomberg. Bloomberg radio on demand and in your podcast feed. On the latest sound on podcasts, Virginia congressman Don buyer gives his outlook for the 118th Congress. You know, we're not going to be doing things that are landmark breakthrough exciting. An either party because of the split government. So we'll have to do a lot of things in the middle, which we'll move a slowly in the right direction. I'm optimistic about the next two years. Speaking of the next two years, break some news for us here. Who are you putting your way behind heading into 2024? Is Biden the candidate? Well, if the president runs, I'm wholly with him, he certainly has a great record to run on. And the concern at 80, of course, is always going to be held. But I watched some shake hands for and take photographs for three and a half straight hours at The White House congressional Christmas party and key and Jill both will fit and happy. I want them to stay that way. Okay, well speaking of parties. 80 isn't what it used to be. Well, I feel like you are an amazing example of that because at your very young age, you are pursuing a degree in AI heading back to college. I wonder if you can talk to me about any resolutions that you have heading into 2023, whether that's on continuing your education or anything else. Well, my biggest resolution is to keep trying to build people's excitement that fusion energy. In the energy of the sun, which we know about, but we had a breakthrough of large Livermore labs, two weeks ago. If we can make fusion energy happen in the next 8 or ten years, it changes the world economy. It changes climate change, changes poverty. And one of the hopes is to use artificial intelligence as a way to manage the successes that come from the development of human made
Bloomberg Radio New York
"chris karashi" Discussed on Bloomberg Radio New York
"On his legacy. Benedict became leader of the Catholic Church in April 2005 and is credited with strengthening the church's core beliefs and encouraging unity among Christians. As a division, which exists among Christians, has come to the world, and an obstacle to the proclamation of the gospel. During his papacy, the Catholic Church was rocked by one of the biggest scandals in decades, the accusations of sexual abuse by priests, Benedict reigned as Pope for 8 years until his resignation in 2013, citing his health and his advanced age, the Vatican says, Benedict remains will be on public display in St. Peter's Basilica starting Monday. His funeral will be held Thursday. I'm Brad Siegel, and Pope Francis will preside over the funeral. President Biden is reacting to the death of former Pope Benedict in a White House statement, he recalled Benedict's generosity and the meaningful conversation the two shared during a 2011 visit to the Vatican, the president called the former pontiff, a renowned theologian, and hoped his focus on the ministry of charity would continue to be an inspiration to Catholics around the world. A graduate student is facing murder charges in the university of Idaho's gruesome killings, Moscow, Idaho police chief, James fry, says 28 year old Brian coburger is in custody after being arrested in Pennsylvania in connection with the crimes. He'll be extradited to Idaho, coburger was a criminal justice graduate student at Washington state university in a news conference Friday. Idaho prosecutor Bill Thompson said Cole burger was charged with four counts of murder after his DNA was recovered at the off campus house where four students were stabbed to death in November. The mega millions jackpot is getting closer to the $1 billion mark, lottery officials say no one picked all 6 numbers in last night's drawing. That means Tuesday's jackpot in the multi state lottery game will be worth 785 million bucks Friday's numbers were one, three, 6, 44, 51, and the mega number was 7. I'm Chris karashi. Emmy Award winning journalist and television news pioneer Barbara Walters is dead at the age of 93, she passed away Friday in New York City the cause of death has not yet been disclosed. Walters had several memorable interviews over the decades like this one from 1990 with Donald Trump on ABC. I hope the general public understands how inherently dishonest the press in this country is. As a member of the press, let me try to clear up some of the things which you say are untrue. She appeared as the host of numerous television programs, including The Today Show, the view 2020 and ABC evening news, a trailblazer for women in TV news Walters was the highest paid television journalist at one point while at ABC, where she worked from 1976 until retiring in 2014. Her 1999 interview with Monica Lewinsky was seen by almost 75 million people, the biggest audience ever for a journalist's interview. She was a four time Emmy Award recipient for her work on The Today Show and the view. Flowers have been placed on her Hollywood Walk of Fame star today. Some people in San Diego felt the ground shake earlier this morning, a magnitude 4.2 earthquake was reported northwest of the city a little after 4 o'clock this morning. The national weather service in San Diego says they also felt a jolt at their offices in the area. There were no reports of any injuries or damage. I'm trying to think of the speed of light and what I think is supersonic that I use. Queen guitarist Brian
WCPT 820
"chris karashi" Discussed on WCPT 820
"NBC News radio, I'm Brad Siegel. Pope emeritus Benedict the 16th has died at the age of 95. That's according to a spokesman for the Holy See, who says he passed away at a monastery in the Vatican today, a special mass was held in his honor Friday in Rome. Benedict resigned because of health concerns in 2013, becoming the first Pope to step down in around 600 years. People across the nation are reacting to the death of Emmy Award winning journalist Barbara Walters. Chris karashi has more. Disney CEO bob Iger was one of the first to speak out calling Walters a true legend who hosted many of the most important interviews of our time. Wonder Woman actress Lynda Carter also expressed her condolences thanking Walters for inspiring her as a child and giving endless possibilities to young girls who want to work in television. Several ABC correspondents have spoken out about her passing, including ABC world news tonight anchor, David Muir, and national affairs correspondent Deborah Roberts, who called Walters a trailblazer and a barrier breaker, even NBA legend Kareem Abdul-Jabbar got on social media to thank Walters for holding people accountable and for caring about the truth. I'm Chris. That suspect linked to last month's fatal stabbings of four university of Idaho students is awaiting extradition in Pennsylvania. Local officials say state police arrested 28 year old Brian coburger yesterday at a home in chestnut hill township. He's being held without bond, court officials in Idaho say co burger will face four counts of first degree murder. One sees return to the state an extradition hearing is scheduled for Tuesday. Although RSV and flu hospitalizations are decreasing across the U.S., COVID rates continue to climb. On Friday, the Centers for Disease Control reported flu activity is falling in most areas and
Bloomberg Radio New York
"chris karashi" Discussed on Bloomberg Radio New York
"I'm Chris karashi. And I Brian Curtis in Hong Kong. Let's check this hour's top business stories and the markets. China says it will expand fiscal spending appropriately next year. It says it will use all of its policy tools, including expanding the fiscal deficit and special debt. Meantime, two big players in the global economy four 2023 will be the American and Chinese consumer. We ask Carol schleif, the CIO at BMO family office, if consumers will be a positive force in the new year. Consumer spending is obviously a vital part to the economy. It's two thirds of or more of the economy and consumers are feeling relatively good about that. But businesses too are going to be an important lift going forward in terms of capital expenditures and semi plants and things like that. Well, and if we look at the global economy, Chinese consumers even outnumber American consumers. The spending power is maybe not quite up there at par yet, but for sure, China has made a big change. How much does that increase the chance that growth expands in 2023? It could be huge, especially with them doing that right before the Chinese lunar new year to the extent that they free up travel insight and outside that country, even if people are putting COVID test restrictions on incoming, you've already seen a massive increase in the number of 20s trying to travel because that revenge spending that we saw the rest of the globe do over the last two years is all pent up in China yet. So you could see a lot of stabilization in emerging markets emanating from the Chinese restrictions being listened. Carol schleif, CIO at BMO, family office. Economic activity is rebounding in several Chinese cities where COVID infections have likely already peaked. The number of passengers using subways in Beijing, Chongqing, Chengdu and Wuhan rose 40 to 100% in the past week. It's a sign that residents in those areas are returning to work to shopping and restaurants. Once again. And Eddie guardini, president of yardeni research, says the bulls in the marketplace almost can not win. If the economy becomes too strong, the fed will keep raising interest rates if the opposite happens and recession hits, then almost no one wins. He spoke earlier on Bloomberg television. The key is that kind of narrow path where inflation comes down quite a bit more than is widely unexpected. That's the camp I'm in. He does expect a soft landing in the U.S. economy. Let's check the markets, the hansing index is up three quarters of 1%. The nikkei has advanced three tenths of 1% and the CSI 300 in China is up about two thirds of 1%. Global news, 24 hours a day, live and on Bloomberg quick take, brought to you by 2700 journalists and analysts in a 120 countries. In Hong Kong, I'm Brian Curtis. This is Bloomberg. Bloomberg radio on demand and in your podcast feed. On the latest sound on podcast, Pennsylvania congressman Brendan Boyle discusses the George Santos controversy and how GOP members are reacting. I think the real question here is what will Republican conference leader Kevin McCarthy do? He has been totally silent. Typically when although there is not really been a situation as dramatic, a fantasy, but in other instances in which you've had members of the House, they misbehaving. It's typically disciplined on your own side. You have seen a few congressional Republicans speak out stating the obvious that this is beyond the pale. It demands an investigation. Kevin McCarthy has been totally silent. Is he so desperate and craven to become speaker that he will just silently accept Santos vote and really not say anything about this complete fraud? Well, congressional leaders in the past have asked for ethics inquiries when issues of credibility like this have come up. If you had degraded Kevin McCarthy's response to this so far, what letter grade would you give him? Well, it's either an incomplete or an F, it's been completely nothing. He hasn't said one word. It's quite embarrassing, actually. And when you look at the Republican majority, it's very thin. It's the exact same slim majority that we Democrats have for the last few years. As you look into as you look ahead two years and you consider so many Republicans will be running, especially as first term members and challenging districts, I can't imagine they feel great about the fact that they have a Republican leader who can't even do the right thing and stand up and speak out against
Bloomberg Radio New York
"chris karashi" Discussed on Bloomberg Radio New York
"Southwest show a system failure. He said the issue started with the severe weather that hit much of the country over the holiday weekend, but most other airlines are now back on track, Buttigieg said southwest needs to make sure that stranded passengers get to their destinations and are given adequate compensation Southwest has canceled over 2500 of its flights today, according to flight aware. Democratic congressman Jimmy Raskin announces his cancer diagnosis. It looks like it's a 100% certain now that I do have this large B cell lymphoma, which is a non Hodgkin's lymphoma as I understand it. It's very serious and it's aggressive. Speaking on MSNBC Wednesday, the Maryland lawmaker was optimistic about this diagnosis because it's curable, Raskin says he expects to work while receiving treatment on an outpatient basis he recently won the top democratic job on the House oversight committee in the new Congress. An accused Northern California serial killer is now facing new charges, local authorities are adding four more murder counts after Wesley Brown he was charged in October with three murders at the time there was not sufficient evidence for the other charges. The additional murder counts announced Tuesday include one previously unreported death, bringing the total to 7 murders and one attempted murder in Stockton and the Bay Area, prosecutors said that brownlee used an unserialized ghost gun in the attacks. Bill Gates is warning the public about the dangers of climate change in a letter published on his personal blog, Gates announced he'll soon be a first time grandfather, and that idea is pushing him to create a better world for children to grow up in. He outlined the work the Gates Foundation is already doing for children living in global poverty, but said the only solution to climate change is to eliminate global emissions of greenhouse gases by 2050. I'm Chris karashi. A celebrity driven bail group is shutting down for now after being sued for helping release somebody who allegedly shot a waiter, reports say the bail project whose supporters include Danny Glover, John Legend and Richard Branson is currently restructuring its operations this after a suspect was released courtesy of the group after it paid his $3000 bail shortly after authorities say the newly freed man opened fire in a Las Vegas restaurant shooting and critically injuring a waiter, the victim is now suing the bail project while a judge earlier this month, sentenced 24 year old rayshon Gaston Anderson to 7 to 18 years in prison. Gas prices are up slightly, triple-A reports, the national average for regular is three cents higher than Tuesday at three 13 a gallon that's still 41 cents lower than a month ago. Texas remains the nation's low price leader at two 70 a gallon, Georgia is a close second at two 71. The already massive mega millions jackpot is rolling over once again with no grand prize winner and Tuesday night's drawing that puts the estimated jackpot for the next drawing, which is Friday at 640 million. The odds of striking it rich are roughly one in 302 million. Netflix is revealing what people watched most in 2022, new top ten lists reveal the most popular English language movie of the year was the gray man, the action thriller starring Ryan
Bloomberg Radio New York
"chris karashi" Discussed on Bloomberg Radio New York
"In the U.S., Canada, Australia, and the UK, as of Saturday, but Musk says it's coming to other countries in the future. I'm Chris karashi. And I'm Suzanne Palmer in the Bloomberg newsroom. Twitter has started giving users who spend $8 a month on a subscription of verified checkmark just days after new owner Elon Musk floated the idea of a new verification system. Alongside the new verification system, Twitter is also promising to cut in half the number of ads subscribers C also coming soon are the ability to post longer videos and get priority rankings and replies, mentions, and searches the company said, Twitter blew is currently available only for users in the U.S., Canada, Australia, New Zealand, and the UK. Warren Buffett, who has long reiterated his love for insurance companies, took a painful hit on Berkshire Hathaway's underwriting businesses amid an increase in auto claims and the aftermath of hurricane Ian. Berkshire reported a $962 million loss on insurance underwriting in the third quarter. The worst quarterly loss in a year. Berkshire also reported a net earnings loss for the quarter of almost $2.69 billion driven by a $10.4 billion hit tied to its investment portfolio as economic uncertainty, hurt the markets. Max Reyes covers Berkshire Hathaway for Bloomberg news. It was a decent quarter, one that obviously is still feeling the effects of the market downturn. They reported a loss, but a lot of that is sort of accounting just tied to their equity investments. And a lot of analysts tend to discount that. So overall, I think sort of a mixed bag with insurance being one of the weaker parts of what we saw. The company repurchased $1.05 billion worth of shares in the period and is sitting on a cash pile of $109 billion. Global news 24 hours a day on air and on Bloomberg quicktake powered by
Bloomberg Radio New York
"chris karashi" Discussed on Bloomberg Radio New York
"John, this one was special. I think we surprised him. President Biden bestowing the national humanities medal on a musical legend. The British music icon received the award after performing on the south lawn of The White House Friday night, he teared up as Biden placed the medal around his neck, saying he was flabbergasted, humbled and honored. He added America's kindness to me as a musician, his second to none. And this weekend 65 years ago, Elvis Presley released the single jailhouse rock the film clip from the movie where he sang the song, is considered by many historians to be the first rock video. I'm Chris karashi. And I'm Brian Curtis in Hong Kong. Let's check this hour's top business stories and the markets. The pound Sterling has plunged nearly 5% to a record low. The Chancellor of the exchequer, quasi quartan vowed to press on with more tax cuts in the United Kingdom. Sterling now at about one O 5 60 against the U.S. dollar. Two of Asia's key currencies have crumbled under relentless dollar strength, the yen and yuan are getting hammered due to the disparity between the hawkish fed and dovish policymakers in Japan and China. Asian equities are moving lower, pressure has been unrelenting on risk assets. Fears about faster inflation and global recession continue to be on the rise, and we'll have more on markets in a moment. Global financial firms are now reassessing the risks of doing business in Greater China after an escalation of tensions over Taiwan. Sources say that lenders, including sock gen, JPMorgan and UBS have asked their staff to review contingency plans. Global insurers meantime are backing away from writing new policies to cover firms that invest in China and Taiwan. The cost for political risk coverage has soared more than 60% since Russia's invasion of Ukraine. In a survey on the markets, live blog on Bloomberg says that the NASDAQ 100 has at least another 10% to fall. That says investors brace for earnings misses more than two thirds of respondents in the M live pulse survey think profits will disappoint all throughout 2022. Let's check the markets, then he came is down 2.1% the ASX 200 in Sydney, off 1.3%, but on the partial reopening of Hong Kong, Hanson index is putting on gains of about a quarter of 1%. The yield on the ten year treasury now 3.71%, the two year at four 24. Global news, 24 hours a day, live, and on Bloomberg quick take. Brought to you by 2700 journalists in a 120 countries. In Hong Kong, I'm Brian Curtis
Bloomberg Radio New York
"chris karashi" Discussed on Bloomberg Radio New York
"I'm Chris karashi. And I am Susanna Palmer in the Bloomberg newsroom. Governor hochul has declared a state of emergency over polio. She said, go get a vaccine if you're unvaccinated against polio. She also ordered an expansion of vaccination efforts after scientists detected the virus in wastewater in another area of New York on Long Island. It's already been found in three counties in the New York metro area, as well as in the city itself. U.S. freight railroads will reduce their services beginning on Monday. This according to the journal of commerce after two of the country's largest real unions failed to agree on a new contract this week. The report says railroads begin notifying customers about the service cuts, which are taking place ahead of a possible strike September 17th. The association of American railroads confirmed in a statement Friday that 6 class one freight railroads will begin to take steps to manage and secure shipments of some hazardous or sensitive materials, starting on Monday. Federal Reserve governor Christopher Waller, says he favors another significant increase in interest rates when the Central Bank meets later on this month, signaling that he's backing 75 basis point move while there's remarks we're in the schedule text of a speech to the institute for advanced studies in Vienna, Austria. Federal Reserve bank of St. Louis president Jim bullard says he has become more supportive of a third straight 75 basis point interest rate increase. We get the story on that. From Bloomberg's Charlie poet Speaking with Bloomberg news followed said Wall Street is underestimating the likelihood that the fed will hold rates at higher levels next year, he said while the consumer price index may show progress when it's reported this coming week, quote I would not let one data point sort of dictate what we're going to do with this meeting, so I'm leaning more strongly towards 75 at this point. Bloomberg's Charlie pellet 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 Suzanne Palmer. This is Bloomberg. Your listening to balance of power with David Westin on Bloomberg radio. The country continues
Bloomberg Radio New York
"chris karashi" Discussed on Bloomberg Radio New York
"Half million children have fled Ukraine the United Nations Children's Fund issued that estimates Saturday after Russia began its invasion into Ukraine late last month the agency is warning the massive displacement of refugees could lead to a significant spike in human trafficking UNICEF said between February 24th and march 7th more than 500 unaccompanied minors were found fleeing into Romania The agency noted the actual number of children fleeing is likely much higher Norwegian police are confirming that four U.S. Marines have been killed during a NATO training exercise The movement of American troops within the country was not a response to Russia's invasion of Ukraine but part of a Norwegian military exercise the service members were on board an Osprey aircraft assigned to a marine expeditionary force that crashed Friday while The Pentagon has yet to confirm the deaths U.S. ambassador to NATO Julianne Smith tweeted her condolences Saturday to the families of the service members involved New research shows a big jump in alcohol related deaths in the United States during the first year of the coronavirus pandemic Brad Siegel reports A study from the journal of the American medical association says from 2019 to 2020 the death toll in that category rose over 25% On average that rate has been at just over 2% from 1999 through 2017 Lead author of the study doctor Aaron white called the data unfortunate but also not surprising since people tend to drink more when they're under duress the spike in the first year of the pandemic was seen across all age groups the largest change was among 35 to 44 year olds I'm Brad Siegel Gas prices are on a slight decline across the country triple-A reports the current nationwide average for a gallon of gas is $4 and 26 cents That's down from last week's average of $4 and 32 cents However the cost is much higher now than it was a year ago This time in 2021 gas was an average of two bucks and 88 cents Gas prices have soared since Russia's invasion of Ukraine I'm Chris karashi.
Bloomberg Radio New York
"chris karashi" Discussed on Bloomberg Radio New York
"A 120 countries This is Bloomberg radio Now a global news update this is a special report the Russian invasion of Ukraine Russia appears to be pulling out all the stops on its invasion a senior U.S. defense official told CNN Sunday that the country is fired 600 missiles on its neighbor and they've also amassed 95% of their combat power inside Ukraine despite the show of strength the Russian assault continues to be slowed by the strong Ukrainian resistance the military convoy that is north of Kyiv also remains stalled and there has not been an update on how far it is from the city center TikTok is banning content posted from Russia the move was announced Sunday that users in Russia would no longer be able to post to the app in a statement posted to Twitter TikTok said the decision was made in light of Russia's new fake news law and the app will need to review the safety implications of the law before moving forward The hill reports Russia's fake news policy requires journalists to verify reports on the Ukraine invasion with official Russian government sources and prohibits the words war invasion and attacks This has been a special report to the Russian invasion of Ukraine I'm Chris karashi You're listening to Bloomberg intelligence with Alex Steele and Paul Sweeney on Bloomberg radio Thanks for joining I am Paul Sweeney Alex Steele is out today Well boy this pandemic has disrupted people's lives It's changed the way they do business is to change the way they learn and now we want to look at healthcare housing impacted our interaction with the healthcare system It seems like it's more and more digital every day I'm joined by Bloomberg intelligence healthcare analyst Jonathan Palmer Jonathan thanks so much for joining us here It feels like I'm doing more stuff on apps and things like that I'm doing telemedicine and all that stuff What are the key themes that you're looking at here as we come out of this pandemic and how it's going to impact your healthcare system Yeah thanks Paul So there's a couple of things that we hit upon in this telehealth and digital health report And I think there's a couple of key takeaways here You know the pandemic changed behaviors for everybody right And we couldn't go into our doctor's office We couldn't see our dentist You name it We had to find another way to do it to get our healthcare and what we've really seen is an explosion in terms of the use of digital front doors across healthcare And so that applies the lens is pretty pretty wide but it applies from everything from your doctor's visits to how we're using technology in areas like medical devices how we're doing clinical trials There's a digital front door to everything And so we kind of look through the lens of like well where is this digital really making the most change We focus on a couple of key areas And so you touched upon this idea of virtual care and telehealth and we see a massive change or sea change in behaviors due to the pandemic and the market really quadrupling over the next 5 years It's about 5 and a half million or billion today according to McKinsey We think it could be 20 billion And you're talking about the telehealth market how you define it or it's a little bit nebulous to be perfectly Frank what's telehealth what's a telehealth visit If you're using your app with your doctor what we're seeing though is that there's more and more telehealth being done and virtual care being done And another key point that we want to make when we think about that is that a lot of the managed care companies insurance companies are moving to this idea of virtual first And so at coming out of the pandemic we've seen a huge number of plans from UnitedHealthcare anthem Oscar Aetna you name it They all now offer some sort of virtual primary care And that's going to be the front door for you to get a lot of your healthcare going forward Interesting Now talk to us about second lower costs for the consumer do you think Well I think that's the plan That's the way that they're going to incentivize consumers to use it And so one of the ways that they're incentivizing people to actually use that virtual front door is by saying hey if you do your visit with your phone or your tablet or at your desktop there will be zero co pay And they're hoping to drive people into that channel with that incentive Are there some companies that are maybe a little bit ahead Maybe or maybe some sectors of the healthcare space Yeah so I'd highlight a couple So from a sector perspective I think managed care is getting a lot more interesting They're making a lot of investments They're going to be the consolidators of this industry Just like other industries look for where's the next growth engine managed cares look at virtual and digital and said okay who's doing this well Who can I buy And so we've seen companies like Cigna by MDY we've seen doctors on demand get sold in the public market space There's really two or three big digital plays the biggest one being Teladoc Which is the leading telehealth provider And then there's a smaller one and well Another way to think about it too though is there's also plays on this digital trend across a bunch of different areas in healthcare And one of the areas that we looked at in this report was med tech And when we think about the unmet needs and big chronic conditions things like diabetes things like cardiovascular disease there are some innovation in those areas that are tying devices and technology together to provide better outcomes and particularly one of the ones we looked at was around diabetes and continuous glucose monitors And that's got an opportunity to be a 1 billion 12 $1 billion market in the U.S. over the next couple of years And if it takes off in some of the emerging markets like China or India that could double or even triple So down in this healthcare report Jonathan is one of our leading healthcare analysts I see some really good tech contributions from the likes of Anna rog Ron who covers all things tech for Bloomberg intelligence And I kind of got me thinking a lot of these tech companies I'm guessing they're looking at the healthcare space that is kind of some whiteboard stuff here Exactly And so one of the things we've seen in the last two years is there's been two rather large acquisitions of what we would call maybe traditional tech companies buying healthcare assets So the first was Microsoft bought a company called nuance which does a lot of voice recognition and AI and machine learning around voice transcription And then the second really big one was Oracle bought the electronic health records company Cerner And so it seems like they're planting their flag a little bit more in the healthcare space I would say generally speaking big tech is looking to provide tools and services.