35 Burst results for "Eighty Four Billion Dollars"

 Here's What's In The Covid Relief Bill

Yahoo finance daily

02:06 min | 1 year ago

Here's What's In The Covid Relief Bill

"Congress passed a five thousand five hundred ninety three page corona virus relief bill and government spending bill for the fiscal year after reaching an agreement on the legislation over the weekend. The virus relief package is set to include another round of six hundred dollar stimulus checks to americans three hundred dollars per week in augmented unemployment insurance for unemployed individuals more than three hundred billion dollars in aid for small businesses including through the paycheck protection program and tens of billions of dollars across other provisions including rental assistance vaccine distribution funds and broadband support the biggest single component of the new covid. Relief bill is the refunding of the paycheck protection program with a total of two hundred eighty. Four billion dollars. Ian shepherdson of pantheon macroeconomics said in a note. Monday evening it worked and will work again by offering loans to small businesses based on the size of their payrolls with services jobs now in freefall according to the alarming daily data from home base. This can't come a second too soon. Though in reality firms likely won't be able to make applications under the new program for another couple weeks. He added still. This is a big step forward helping bridge. The gap between the third wave ravage services economy and the post pandemic world of the spring. All told the package came in at about nine hundred billion dollars or less than half the size of the two point. Two trillion dollar cares act from the spring democratic lawmakers have suggested the bill is just the start of a more comprehensive suite of fiscal stimulus however wants president. Elect joe biden. Takes office is suspect. Incoming president joe biden will be primarily focused on creating work for the ten million people who lost their jobs due to the pandemic and are yet to find employment james nightly i n g chief international economist wrote in a note tuesday morning. That means we are likely to see. Another substantial fiscal stimulus focused on infrastructure and

Ian Shepherdson Pantheon Macroeconomics Congress Joe Biden James Nightly
British Airways Owner IAG Said to Prepare Review of Strategy

Monocle 24: The Globalist

01:52 min | 2 years ago

British Airways Owner IAG Said to Prepare Review of Strategy

"Let's take a look at the latest business stories now with you and pulse from Bloomberg you in the last few months have not been a great deal of fun for the world's airlines, but the company which owns British Airways is trying to figure out its future. Andrea spoken about. At the beginning of the year it will be a very different story, the company which owns British Airways and at Berry of Spain and also. was very profitable likes to start itself as the world's favourite airline, certainly one of the world's best run airlines of the most most prosper had an operating margin almost fifteen percent last year, but like all of the industry it's in big trouble at the moments eighty four billion dollars of losses across the globe within the industry in two thousand twenty from the coronavirus crisis and Bloomberg understands. The IHOP is reviewing its strategy to help reposition the group as it emerges from the pandemic. It's working with a couple of American banks to study. It's feature. Feature Business. Model and its liquidity needs problem is it's burning through about six hundred million pounds of cash every month? So needs to account to how it can raise more equity or efficient raise more acce- and how it can raise more debt now as a response to the crisis has been somewhat controversial, topped a number of UK government programs like a lot of big companies here topping into government supports. It's also said it's GonNa. Act Twelve thousand jobs 'cause a lot of trouble with the unions who say that the company is. Well paid jobs and planning to employ people on worse contracts members of parliament, branding the airline a national disgrace. The combative Chief Executive Willie Washer fighting back has ever saying that this is not a disgrace lying down on surrendering rather fight were Betas Christ and we will not do that so pretty tough times at International Airline

British Airways Bloomberg Ihop International Airline Andrea Willie Washer Chief Executive Spain Berry UK
Trump to sign $484 billion measure to aid employers, hospitals

Bruce St. James and Pamela Hughes

00:32 sec | 2 years ago

Trump to sign $484 billion measure to aid employers, hospitals

"New York this afternoon president trump expected to sign a four hundred eighty four billion dollar bill overwhelmingly passed by the house three hundred ten billion of that meant to replenish the tapped out loan program for small businesses the first bailout fund drying up fast because big companies dipped into a treasury department just announced any publicly traded company that received one of these loans now has to pay it back it's a move to try and make sure that this money ends up in the hands of those small businesses who need it most but experts tell us that this fine because the need is so great it could run out of money again

New York President Trump Treasury
House passes $483B coronavirus relief package

Morning Edition

07:16 min | 2 years ago

House passes $483B coronavirus relief package

"Morning the latest corona virus relief packages headed to president trump that passed the house yesterday it is four hundred and eighty four billion dollars of aid a lot of that is for small businesses and lawmakers are already talking about what will come next Senate Majority Leader Chuck Schumer of New York is on the line with me good morning senator good morning or will appear healthy thank you Sir you too individual states need aid they're losing all kinds of revenue lawmakers are considering how to help and your Republican colleagues Mick colleague Mitch McConnell suggested that bankruptcy for states might be the best route now you seem not to agree you've made that point does he have a point about limiting how many rescues and how much money we can throw at this thing well first of all what McConnell said was so far out of the mainstream I think he's going to have to walk it back he is isolated Republican senators Republican governors have denounced him and you know he was the reason that state and local aid was blocked in the interim bill that the president signing today he wouldn't let it go forward but now that people have seen how twisted his logic or illogic is I think actually what he said has given even more momentum for state and local assistance in number four after all no well who are we talking about this is not abstract you know state government rather it's a policeman who but for police officers who patrol our streets and keep us safe it's ambulance workers is bus drivers these people should not be thrown out of work because the states are not collecting revenues and I hope McConnell comes to his senses were now turns around and helps us get state local but if he doesn't I think they'll be the momentum to defeat him as for the bigger question you asked what about dole these packages this is a crisis on like something we have never seen really in this country twenty six million people unemployed so many businesses close the number one goal is to solve the for both healthcare crisis and the economic crisis and it will cost some money there's a bit of hypocrisy coming out of leader McConnell he passed a two trillion dollar tax cut mainly for the very wealthy which did more before coded to increase the deficit than anything else so I guess deficits are okay in McConnell's ice when it's tax cuts for the rich remember they said it would grow the economy it didn't didn't mainly went for stock buybacks in the corporate side it so it's okay to do that to increase the deficit but we shouldn't help people who are out of work we shouldn't help people you we shouldn't find a testing regime which we put in the last bill which the president will sign which will help us get back to work quickly we have no national has given interesting point that senator McConnell made he said he's worried that corona virus aid would be quote a blank check down to states and local governments to spend any way they choose now we saw this with the PPP right it's supposed to be for small businesses you got shake shack you got a big steak houses getting the money how do you make sure if states and local governments get money it's being spent on covert nineteen related things when we've seen there are problems hearing how this money is being spent in other ways yes well you know we can pass good legislation but it's up to the administration to administer it now there was not enough guidance to the banks on the small business side to tell them to go to the unbanked to the poor people the smaller mom and pop shops and they gave it to these big companies that didn't need it but we corrected it in code three five were constantly vigilant so we set aside a hundred twenty five billion dollars that can't go to these companies that have good banking relationships but rather that would go to minority communities rural communities and the if you will the butcher Baker and candlestick maker the small businesses so we have to constantly stay on it the state local money that we have advocated we'll go to the unemployed people who are the people who were working were needed in their jobs but there's no revenues the state of the states are not getting any revenues because people aren't paying their taxes the federal government itself said delay taxes till June thirtieth that means state taxes are delayed as well so the R. McConnell I think is less interested in the deficit and less interested in making sure every dollar goes where it should which is something we believe in and just saying don't spend money that is not in keeping with the needs now you know is right wing Republicans didn't his his right wing philosophy says let the private sector do it at this time at this moment in time the only government can do it let's examine the carnal is isolated as you say in his belief that bankruptcy is the best option president trump has signaled that he favors what he's called fiscal relief for states when was the last time you spoke with the president well I guess I spoke with him as we were negotiating the coldest three bill and I've spoken with Steve Mnuchin who seems to be the one person who can get the president to do some things that need to be done remember in this last cope with bill all McConnell wanted to do is give this two hundred fifty billion dollars to the same program thank you and others myself have criticized it just giving money to the bank to these chains we forced him to change it we wouldn't let the bill go through and we put money as I said a hundred twenty five billion dollars walled off just to go to the on bank to see if that helps you understand president trump because it's interesting here that he seems to agree with you did you discuss with him the issue of aid to states and believes in aid to localities and has said that he would do it in cold but for I mean as I said on is have you seen recently from president trump I'm just here let's talk about how real this is well commitment from president trump come and go but we can force it to happen in the covert for bill and I think there is enough bipartisan support despite what McConnell did to get that done the president you know sometimes doesn't focus yesterday we seem to have a quack medicine salesman on television he's talking about things like disinfectant in the lungs we've given him a testing we forced him now to come up with the national testing regime we need tests in this bill we've given twenty five billion dollars to do it eleven billion to the states so they can do some of the testing and the contact tracing of money to the fed so they can set up a supply chain so that we can actually manufacture enough tests and swabs and everything else that's needed we improve things greatly in this three part bill and now we have to we can't force the White House they are there under our constitution they execute the laws we can do oversight we can prompt them we can push them we can improve the legislation but we need real focus in the White House on what needs to be done instead of talking about disinfectant the president should be talking about how he's going to implement testing which every expert says is the quickest path to get us moving again do you have concerns about how much money is being spent and what it means for the national debt and I'm sorry we just have seconds left yes are you think that it's something that we will have to grapple with down the road

President Trump
Lawmakers Pass Pandemic Stimulus Bill and Debate Another

WSJ What's News

00:28 sec | 2 years ago

Lawmakers Pass Pandemic Stimulus Bill and Debate Another

"A four hundred eighty four billion dollar stimulus. Bill is now on the way to the president with a signature expected today. The bill includes more money for small business relief and aid for hospitals and Testing House Speaker. Nancy Pelosi today was historic day for us to once again path are now fourth bipartisan legislation to address Corona virus crisis. We're very pleased with the vote. Three eighty eight to five the owner of Ruth's Chris. Steak houses says it is refunding twenty million dollars in money from a previous pandemic stimulus package. The Treasury Department has asked publicly traded companies to return funding from the program following criticism from small independent businesses. That they missed out on the last round of aid. The new money isn't even out the door and lawmakers are already debating what's needed next among Democrats Republicans and the trump administration. There are sharp differences. Over what should be in the package and whether another package is even needed are Jalen spoke to journal Congressional reporter Natalie Andrews. Democrats wanted to get more money for states and local municipalities that have been affected by the pandemic into the bill that passed on Thursday. They were unsuccessful in negotiating that. And we'll definitely be pushing for it in this in any sort of future legislation. That is a sticking point Mitch McConnell the Senate Majority Leader has said that he would support changes in federal law to allow states to file for bankruptcy instead of necessarily giving more money adding more money to the deficit. The governors have loudly disagreed with that Maryland. Governor Larry Hogan who is a Republican and New York Governor Andrew Cuomo a Democrat have said that they believe that there needs to be five hundred billion dollars to cover. The costs for states states are really facing just enormous cost. They're responding to the pandemic while also looking at unemployment in their states and so they're losing the tax revenue that they usually depend on to provide for services such as first responders Many states have pension systems that they need to fund. Those are all suffering right now with the next potential stimulus. Bill include more payments to tax payers. Nancy Pelosi win. I spoke to her on Wednesday said that she does see a need for more direct payments to individuals some other lawmakers have also called for that as well and there's also some perhaps more creative proposals out there than just a straight check. Some people are calling for some sort of paycheck guarantee in order to allow people to continue receiving the money that they have been making so I would imagine that if the next bill heats up and if economy is still in the same place that will definitely be part of this conversation and you know a fourth phase of stimulus would create an interesting scenario where the White House is at odds with Senate Republicans true. The White House has put out a list of things they're looking for. The president sent a tweet a few days ago. That had a whole list of things including infrastructure We interviewed House Speaker. Nancy Pelosi on Wednesday. She said she thought infrastructure was for down the road that right now. The legislation needed to focus on mitigation. But she did say that. There are certain things infrastructure wise that the pendulum is highlighting such as the need to expand broadband access in rural areas with so many people working from home and kids trying to do school at home. It really shows that there are limitations to access and broadband. She also talked about the need for clean water so there could be some consensus between the president and Speaker Pelosi and not necessarily Senate Republicans who are not wanting to spend more money that was Natalie Andrews speaking with chair Waylon new reporting

Speaker Pelosi Bill Senate President Trump Testing House Speaker Natalie Andrews Governor Andrew Cuomo White House Mitch Mcconnell Maryland Treasury Department Ruth Larry Hogan Jalen New York Reporter
Pelosi retreats on House proxy voting during virus pandemic

Memphis Morning News

00:48 sec | 2 years ago

Pelosi retreats on House proxy voting during virus pandemic

"Well they are going to be a person today our house speaker Nancy Pelosi has shelved the idea of proxy voting for one member stands and for the other and instead that they're what they're gonna do they're gonna vote on this four hundred eighty four billion dollar relief package which topped off the small business program but they're going to be going in in small groups of about ten to twenty they'll go when they are sending is they'll be wearing personal protective gear they'll pass service and then they'll get out they'll go straight through the speakers a lot of the out of there and they're not supposed to hang around chatter do anything so it should be instant feedback on C. span our networks and you're saying okay how was this look like but they are changing the way it will but not the proxy idea that was tabled after Republicans pushed back saying look we ought to actually be at the capitol working during the

Nancy Pelosi
Senate passes $484 billion coronavirus bill for small business and hospital relief, testing

Rush Limbaugh

00:25 sec | 2 years ago

Senate passes $484 billion coronavirus bill for small business and hospital relief, testing

"Engines the house is set to vote tomorrow on a four hundred eighty four billion dollar coronavirus stimulus package and it does authorize an additional three hundred and ten billion dollars for the paycheck protection program but Ohio Democrat Tim Ryan says it's not anywhere near close to enough state local governments got zero money in this thing we should be more concerned about that they're gonna be laying off police and fire the deal also includes seventy five billion for hospitals and twenty five billion for covert

Tim Ryan Ohio
Senate Passes Bill for More Small-Business Stimulus

Bruce St. James and Pamela Hughes

00:20 sec | 2 years ago

Senate Passes Bill for More Small-Business Stimulus

"Is the Senate finally passed another bill four hundred eighty four billion dollar coronavirus funding bill and so it looks as if if we can get something done in the house of representatives they can read they can refill the coffers when it comes to these business loans we can start getting some more money into the hands of businesses the question of course still is when will we be

Senate
Senate approves $484 billion coronavirus relief package

San Diego's Morning News with Ted and LaDona

00:54 sec | 2 years ago

Senate approves $484 billion coronavirus relief package

"The US Senate passed a new package for pandemic relief funds yeah more help on the way the four hundred eighty four billion dollar measure is likely to be approved in the house tomorrow this package includes three hundred twenty billion dollars for that paycheck protection program intended to help small businesses keep workers on their payrolls lawmakers and the trump administration know that we're going to need more than this and they're already turning their attention to the next round of stimulus okay so let's talk about that stimulus and the fact that we're not bringing him very much tax money we're going to see higher taxes down the road well that that's a question that to be answered ladonna but they're paying for the economic stimulus won't necessarily mean higher taxes at least according to senator Chuck Grassley Mr Grassley told Bloomberg that taxes will not have to be raised providing providing interest rates

Us Senate Mr Grassley Bloomberg Senator Chuck Grassley
U.S. government's annual budget deficit surges

Sean Hannity

00:19 sec | 2 years ago

U.S. government's annual budget deficit surges

"Takes place the federal budget deficit for twenty nineteen surged to nine hundred and eighty four billion dollars thanks to out of control congressional spending that's a twenty six percent increase in the deficit from last year the democratic controlled Congress on a domestic spending spree and government officials projected deficit will reach a trillion dollars

Congress Eighty Four Billion Dollars Twenty Six Percent Trillion Dollars
"eighty four billion dollars" Discussed on Biz Talk Radio

Biz Talk Radio

12:32 min | 3 years ago

"eighty four billion dollars" Discussed on Biz Talk Radio

"When it rains it pours holy mackerel just talking to K. our senior producer and we were just saying man when it rains it pours I mean all kinds of website issues all these technical issues and we were just trying to figure out what was going the only thing I can figure out I'm I guess I was going to have a really good show I was probably I was probably going to go off on probably one of the greatest rants ever heard I don't know I don't have anything planned but something was that got me big time off my game maybe for a reason who knows but anyway this week the NFIB is coming out tomorrow morning the confidence numbers look we're sitting at about one OO five point something or other but we're one oh five it did go down slightly Alaska from last month but we'll see to tomorrow morning comes out the new NFIB report I'm very very interesting probably more interested this week the NFIB that I have been a long time I'm very interested to see what's happening there with small business I would suspect that is not going to change much I don't I don't see it going up any but I would I would suspect that it may not be going down much either it may be of very very static so what we'll see if that is it you know if that is the case but that's coming out tomorrow drone pal testimony to Congress tomorrow and Wednesday so we'll see how that goes also on Wednesday we get the job openings reports right to the job openings reports coming out it is been sitting at about seven point five million job openings I don't I mean it doesn't matter if it goes down mais all go down it's almost your relevant because there's so many more job openings and there are people on employee so if it goes down doesn't matter I I mean if it goes down a million to six and a half million does it really matter no not really it really does it in the grand scheme of things obviously it would show us that they took some jobs off the market remember three hundred thousand people three hundred thousand people came back into the work force last week so we got a great jobs numbers right you are twenty thousand non farm payrolls that was very good and also three hundred thousand people came back into the work force so I don't think there's going to be two million people coming back into the work force so the job openings number is somewhat irrelevant but all it I'm I'm interested to see if there are jobs coming off in other words if corporations are saying you know what I know we have this job posted let's not forget about that right now it's not posted anymore we'll see we also get CPI consumer price index coming out on Thursday remember folks we only care we only care about the headline number here not the core number we don't care about core inflation we care about consumer prices as far as the headline numbers because the headline number includes energy that would be things like our utility bill gasoline prices and so on and it includes food so these are things that we spend a lot of money on no matter what these are staples these are things that were gonna spend money on every month no matter what so we want the headline number when it comes to consumer price index that gives us a better read on what's going on and what we have going out for a cost Friday which is kind of reversed of what it normally is we get producer price index so we'll see what what prices are coming in from two factories U. S. employers are hiring workers we know that we show to our to twenty thousand job gains right so the big concern in the markets right now are the fed policy makers and what are they thinking are they thinking Hey look the debate is pretty much over whether the economy needs some sort of stimulus are I I think that that's something we might be able to see our that they might say you know what we don't need stimulus right now the the economy is doing fine the markets continue to go on and what are we we have job hires inflation is muted because I don't expect to see any inflation this week so we'll the fed I mean certainly gonna wait it out they've got two more wait weeks before they have to make a decision about whether they're gonna raise rates or not so I expect they may wait it out a bit but none the less it'll be interesting to see what what happens so could there be a possible stand off yeah I think there could be a possible stand off certainly we already know we see president trump I'll be a critical the federal reserve again so we'll see what happens with all that but you know I think that you know could day be just you know taking it easy I don't know I know that we've got some interest and what might happen with other things in the news that are going on and that should be of some concern one of those things as I ran I ran coming out and announcing Hey we are going to continue to enrich and rate in rich our for our nuclear power we're going to continue our rich uranium by here's the thing where to go beyond what the caps are what the caps all right now so basically they're saying what we are going to do is we're going to continuing to continue to enrich uranium add weapons grade weapons grade will be very curious I'm gonna get to sit in a meeting this afternoon with secretary of state Mike Pompeii out to be very interesting he himself an evangelical Christian coming here to speak and it'll be interesting to see what he says about this but you know it's very interesting because German Germany's foreign minister said Iran must be persuaded to stick to its commitment sat by the two thousand fifteen nuclear deal okay Mister foreign minister of Germany how would you suggest that we might persuade Iran they may not hate you as much as they hate Israel and as much as they hate America but give me some ideas how bout I got an idea I'm just gonna throw this out to you have an idea I get here's an idea how bout we give them a hundred billion dollars in cash we thank what to do that how only this time about it be a hundred billion euro in cash we did our hundred billion have a you do your honor how bout that that'll work right because if we if we give them enough money the going a lot eventually they're not going to want to destroy his so let's take the Barack Obama strategy for diplomacy to the countries that hate us let's let's take that led ballad down till we can kiss the ring if they have one we can give them billions of dollars we did tell them how much we want to be friends I think that's what we and that'll solve the problem come on they want to be persuaded to stick to the deal are you saying what we need to do is the US you know what we ought to do the what would happen if the U. S. just sat on their hands well eventually Israel would do it and as our only ally in the Middle East we've got to come alongside Israel give him some support in that way because they're not going to get any support from anybody else see Israel can't get there to bomb and get back home and as long as Turkey or Saudi Arabia is not going to let them land to refuel it's going to have to be the US what about Germany how bout Germany give it a shot did you want to come up with ways to persuade start negotiating well wait so I'm I'm confused by his statement is Germany standing with Israel in the U. S. on Iran I I doubt it not the way we want to go about persuading speaking of Germany I talked about this many times but something we need to be considering is don't your bank shares down big time right now their daughter back and now it's a massive restructuring program over the weekend now we knew this was coming I knew what was coming a year and a half ago I had out one email from somebody that said to me out of all the emails and I got I I just remember one I got probably more than that negative emails that either I didn't read about one guy said you're wasting your breath talking to us about doing your back how bout you let us know what's going to happen here I don't remember the name of the person that sent me that email but if he's listening let me just say this you're about to find out why it could be so important that we talk about that with your bank we may find out the next year and it will impact your money trust me trust me it's going to impact your money over the weekend does your bank announced it was going to ditch efforts I guess to help itself because they can't and I'm gonna cut eighteen thousand jobs by twenty twenty two they only have seventy four thousand jobs are gonna cut eighteen thousand of them by twenty twenty two I'm sorry twenty twenty two they're closing their global equity sales and trading business how does a bank the largest bank in the largest economy in the eurozone close it's global equity sales and trading business they're doing this in hopes that they can improve somehow profitability if you're closing that segment of your business you're desperate they believe the sweeping reforms which is basically reducing them down to you know a nine factor bank in the eurozone they also are seeing their Karie Asian is and that's a beautiful thing all the A. seventy four billion euros are eighty four billion dollars that they are going to get to sweep off their books and put in this bad bank that they are going to open so they get all that author box and they're still worried about becoming profitable wow how bad is that so we need to be watching this very closely no doubt about it so let's continue to be cautious watch her.

producer eighty four billion dollars hundred billion dollars
Uber Starts Investor Roadshow With Lower-Than-Expected Valuation But A Fresh $500 Million From PayPal

Joe Gallagher

00:33 sec | 3 years ago

Uber Starts Investor Roadshow With Lower-Than-Expected Valuation But A Fresh $500 Million From PayPal

"Guber setting up a price range for its initial public offering at forty four fifty dollars per share that would give the company a market cap as high as nearly eighty four billion dollars the companies hoping to raise ten billion dollars in its debut on the new York Stock Exchange. The price range is lower than what many analysts expected Friday pay pal announced it was investing five hundred million dollars over in the first quarter. This year Uber reported revenue of three billion dollars it reported a net loss of one billion dollars. Uber is expected to go public

York Five Hundred Million Dollars Eighty Four Billion Dollars Forty Four Fifty Dollars Three Billion Dollars One Billion Dollars Ten Billion Dollars
Uber unveils IPO terms that are well below expectations

Techmeme Ride Home

01:04 min | 3 years ago

Uber unveils IPO terms that are well below expectations

"Hooper has set its IPO terms, and it looks like Uber's not gonna hit that magic one hundred billion dollar market cap Mark that it was hoping for by setting a price range of forty four to fifty dollars per share. Uber would raise ten point three five billion dollars at the top end of that range, which would represent a valuation of around eighty four billion dollars. Now, this would still be one of the biggest IPO's of all time, the eighth largest IPO, in fact, and it would instantly make Uber the thirtieth most valuable company listed on a US stock exchange, but again Hoover was hoping for more. There were times in recent months when a one hundred and twenty billion dollar market cap was being touted and the last private valuation during the most recent round of funding for over was seventy six billion dollars. So at the low end of that range Hoover would risk IPO ING. As an under corn one wonders if lifts recent underwhelming stock performance since its own IPO has had an

Uber Hoover Hooper United States Eighty Four Billion Dollars Seventy Six Billion Dollars One Hundred Billion Dollar Three Five Billion Dollars Twenty Billion Dollar Fifty Dollars
"eighty four billion dollars" Discussed on Biz Talk Radio

Biz Talk Radio

06:16 min | 3 years ago

"eighty four billion dollars" Discussed on Biz Talk Radio

"Back to financial issues on dance is great to be here. I wanted to talk about something that's going on in the Konami right now. Of course, you know, day president she'll be meeting with vice prime the vice premier of China. They're expected or at least hoping by the end of today, or maybe the end of the week that they will he will announce a date firm date of when it will be meeting with president shoes. So hopefully that he president Xi, I'm sorry. And hopefully that will that will happen sooner rather than later. So there's a lot of concern. Everybody is waiting for any kind of news that is going to come out in in a positive direction in reference to U S China trade deal, and I got thinking about that this morning because some numbers came out of your that that drew, you know, shine a spotlight on this a little bit more. And I wanted to talk about put in perspective for you. But look you've heard me sad. I don't think the. China trade deal. It is a big deal with a big deal for the markets because it's a bit of uncertainty that everybody would like to shake let me just tell you a couple of things. So first of all, we've got German manufacturer German manufacturing came out today. And it. Big time. Not just a little bit down. Thanks big time. And when we see that it is definitely a cause for concern. So manufacturing orders stuff, February number manufacturing came in at an negative four point two. Now, keep in mind that is on the back of a negative two point one. So year and a half about a year ago. I'm going to say about a year ago was saying that look the euro zone is right there. So close right on the age teetering on recession. And I also said that Germany was going to usher in the recession for the euro zone. It's going to be primarily that. And Finally, I thought we were going to see a negative number for fourth quarter last year, and we didn't they hung on by the skin of their teeth. But this is not good for the euro-zone. Matter of fact, this number came at this morning your zone stocks trading in negative territory. But let me just put something in perspective because I have been so concerned about what is going on the euro zone. And this brings more concern to me, and I wanna tell you why. The u U S multi-national companies US multinational companies. Are are that's about fifty five percents of global foreign of Philly income is coming from these multi-national US multinational companies so US corporate earnings US corporate earnings in the euro zone. Last year two thousand eighteen eighty hit a record high. Now, you know that the last two months of the fourth quarter wasn't so great. So that means most of that gain prior to that. But it ended up in two thousand eighteen that prophets. Were up from the euro zone to the US seven percent to two hundred and eighty four billion dollars over a quarter of a trillion dollars two hundred eighty four billion dollars. And this is what came out of your now, though US affiliates that are profiting from China. Everybody is so concerned about. Was down for two thousand eighteen one point one percent. Euro-zone was two hundred eighty four billion to the US. China was thirteen. Thirteen billion. So. I was I was happy to put those numbers together. Because it helps me. Put into perspective because two people at the retreat were asking me asked me about this. And why it is important. There. It is right there that is a huge number huge number. And when if the euro zone goes into recession, which I expected will by who knows it might be the end of third quarter or the end of the fourth quarter. Probably but could be as early as the third quarter. If it goes into recession. It will impact America. If shaina goes into recession that's going to impact a little bit. But there's a big big difference between thirteen billion profit that comes into the US multinational companies from China and two hundred eighty four billion that comes in from the euro zone. This is why this is so concerning a lot of it. And they're not talking about this in the media. I'm not sure why. Yes, I am. But aside from that, they should be. So when we look at what is happening in the euro-zone, we need to understand. That this is a large part of our economy. It is a problem. It is a.

US China Euro-zone president president Xi Konami U S China German manufacturing Germany shaina America two hundred eighty four billio eighty four billion dollars trillion dollars seven percent one percent two months
"eighty four billion dollars" Discussed on KQED Radio

KQED Radio

02:12 min | 3 years ago

"eighty four billion dollars" Discussed on KQED Radio

"Warnings officials want people to know help is available. I'm Kimberly Adams for marketplace. Because of the cold the post office is suspending delivery and parts of about a dozen states from the Dakotas through Chicago into. Western pennsylvania. And how cold is it? Amtrak. Crews put down ropes soaked in kerosene and set them on fire to warm up tracks people around the world and not upgrading iphones. Like they used to Apple's latest prophet report showed the first drop in sales during the holidays in over a decade analysts had been warned some weeks ago. And some see these results is better than expected. The stock is up more than five percent in pre-market trading. Now sales of services hit an all time high. But most of the money apple makes still comes from smartphones. Fifty one out of eighty four billion dollars. Bollywood the host of marketplace tech is following this. I doubt this will change apples plans to release new phones every year at least not this year or maybe next year. But the company does have to come up with a strategy to sell more phones in China. And in India where sales are really lagging or figure out how to make country-specific phones that are cheaper or just cheaper flagship smartphones. These devices are just really good right now. So if you're in the United States, and you have an iphone. Eight or an iphone ten you just don't see a need to spend another thousand dollars on a new one. If you're in India or China where while way one plus and Xiaomi are making funds that are just as premium in terms of specs but half the price. The apple brand just isn't going to carry the day apple has been pretty cautious in its approach to services and to new markets, and it's actually time to put some of these plans into high gear in some way or start working on hardware, like India specific phone models that cost less and bring people in the door. Even some of these stories and services models and businesses that apple is developing still rely on people owning iphone, so it's just not a market that they can abandon its too tightly tied to the success of the business. Molly would host marketplace tech. Apple also said yesterday, they will see it will cut prices for iphones in some countries where the falling value of the local currency made the phones a lot more expensive some numbers. The footsie in London is.

Apple India Kimberly Adams China pennsylvania Chicago United States Molly London Xiaomi eighty four billion dollars thousand dollars five percent
"eighty four billion dollars" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:20 min | 3 years ago

"eighty four billion dollars" Discussed on Bloomberg Radio New York

"That it should have primacy and control. And I think this is who he is actually. So he's asserted if anything more authority more control within China at the same time. Is there some pressure on him because of the economy we have new her coming over at the same time? I saw in the financial times actually overnight. There was a report of a record amount of stimulus and the form of reverse repos being inserted into the Chinese banking system. Eighty four billion dollars. Overnight more than they ever done. Does that indicate some concern on the part of president Xi and the regime about their economy all of these things are true? So first of all the economy is slowing down in a ubiquitous Mana across a whole range of sectors real estate handset sales automobiles kind of you name it. The second thing is that I think that this. The emergence for the first time in the last five years of singing things rule emergence of disquiet in universities amongst intellectuals, and even senior party officials that China's kind of headed in the wrong direction. So there's a bit of a kind of a tussle going on as to which. How China should kind of organized so fast. So yeah, I think there's some there are concerns as gee, that'd be economy is kind of losing a bit of what losing traction and actually these eighty four billion dollars. This was just kind of part of the whole process and during the last week, it's well over one point two trillion, and you are and I think this is. Indicative of a number of things which they are doing to try to soften the downturn. It's going to stimulate the economy to grow more quickly yet. But I think yeah. They have a big problem to deal with here as a student of China. What does this tell us about the trade negotiations at the end of this month and thereafter? And I asked that in this sense. It may be the president's. She feels more pressure to do a deal, which means more combination. Or if he's feeling threatened sometimes leaders were threatened actually, get more rigid. I think he is under pressure to to to strike a trade deal because the measures the tariff measures that were introduced lost. You haven't really had a huge effect on the Chinese economy. But if the tires had gone into effect on the first in January this year, which President Trump proposed, and if it had been extended as he threatened to the rest of the imports from China, then that would have had a meaningful impact in.

China president gee President Trump Eighty four billion dollars eighty four billion dollars five years
Exodus of Chinese investment from Silicon Valley is real. But how much does it matter?

Marketplace Tech with Molly Wood

06:32 min | 3 years ago

Exodus of Chinese investment from Silicon Valley is real. But how much does it matter?

"This marketplace podcast is brought to you by. Indeed, are you hiring with? Indeed, you can post a job in minutes set up screener questions than zero in on your shortlist of qualified candidates using an online dashboard get started today at indeed that com slash marketplace. That's indeed dot com slash marketplace. Chinese investment in Silicon Valley a true worlwide romance now with the nomads from American public media. This is marketplace tech demystifying the digital economy. I'm jed Kim in for. Molly would. Part of the Trump administration's hardline against China is focused on intellectual property concerns. The fear that widespread investment of Chinese money. Into startups gives the Chinese too much access to cutting edge American tech innovations. That's why legislation was passed to limit foreign investment, the committee on foreign investment in the United States or syphilis is now able to probe foreign investments into startups, and that is making investors, especially Chinese ones. Balk deals are being abandoned valley. Watchers say it's pretty much a full stop of Chinese money coming into Silicon Valley, Heather Somerville is a tech reporter for Reuters. Who cover Silicon Valley, I asked her I about the impact of this exodus where Chinese money has been particularly important to US tech startups is in hardware hardware is an area that a lot of US venture investors, don't really like to fund they find it difficult and expensive in Turkey to pay off. But china. Has been more enthusiastic about backing these types of startups. They'll very much back early early stage startups where there's a lot of risk. So all of these sorts of companies have definitely lost a fairly significant investment source you mission that they were kind of had an appetite for risks. But now we're seeing them no longer doing that. Oh, how have the risk mounted for them? Right. I think the appetite was for kind of technological or financial risk. But when we talk about political and regulatory risk that seems to be a different ballgame. So the reason that Chinese investors are really not even attempting to do a lot of deals these days. They used to do is because they see themselves as really non-competitive they know that if they go before syfy s for you, they're likely to have that deal unraveled. And so it'll be a big waste of time for everyone and startups aren't really going to want to go through that cost in that lengthy review that will slew them. Down. And they also in many cases, don't want the additional scrutiny a lot of these investors have some sort of government backing will what does the immediate and longer term impact of a Chinese exit. Well, in the near term, there's you know, one less source of funding for companies, and that can be viewed certainly as a disadvantage, but also I think a lot of people argue that that's not necessarily a bad thing. You know, more than eighty four billion dollars was invested in US venture backed companies in the first three quarters of last year. We should have full your data shortly here. There's a heck of a lot of money and are high and people are see the benefit of removing some money from Silicon Valley term. I think what people are concerned about is that the US will be put at a disadvantage because this Chinese money will go out swear, perhaps it'll be invested domestically. We're already seeing signs that a lot of it is shifting to southeast Asia or Latin America. Heather Somerville is a tech reporter for Reuters. She writes as Chinese investors are looking at other opportunities American start ups are trying to figure out how to make them stay. We've got linked her story on our website. Marketplace tech dot org. I'm jed Kim. And that's marketplace tech. And now for some related links. It's me Molly again from the ES in Las Vegas this ES show floor opens on Tuesday and so Monday is when literally everyone flew into Las Vegas. We are now well into miles and miles of walking huge ridiculous booths extravaganzas and also the realization that too small humans me and senior producer Yves tro, probably can't visit all of the forty five hundred exhibitors who were drying. No, some crazy things that are happening around Vegas because of CS Mercedes is shuttling people around in an electric autonomous car that looks straight out of town. There is a startup called hollow ride that is demonstrating a virtual reality system. That goes in cars, you can watch Disney marvel stuff inside an Audi e Tron, and they are certain that only passengers are going to use this system on the news year side of things remember yesterday when we told you that apple. Showing up big it's ES by partnering with all these companies for smart home devices. Well, Google is also out here. Big time trying to kick Amazon and Alexa to the curb on Tuesday. The company announced that you can now control a bunch of products using Google assistant like a smart sprinkler system. Hey, Google, water the lawn and some smart lights outlets television. And also, apparently a smart mirror and math. We're going to have to wrap this because I got to check out the show floor immediately from what I hear. There are lots of smart mirrors. And this is basically all I ever wanted a bathroom mirror. That tells me the weather and news update than the important basics. While I'm brushing my teeth, fixing my hair, and if that reality is here now, I am in also after go because Google has a huge booth. It's ES was actual rise like Disneyland you've probably already since it's Wednesday seen a million pictures of it. But if not check my Instagram, Molly would pro for pictures of that and everything else, I'm Molly would and that's marketplace tech. This is APN. This marketplace podcast is brought to you by. Indeed when it comes to hiring. You don't have time to waste you need help getting your shortlist of qualified candidates fast. That's why you need indeed dot com post a job in minutes. Set up screener questions then zero in on qualified candidates using an intuitive online dashboard. And when you need to hire fast, exceleron your results with sponsor jobs. New users contri- for free at indeed dot com slash marketplace. That's indeed dot com slash marketplace. Terms, conditions, and quality standards apply.

United States Molly Silicon Valley Google Tech Reporter Jed Kim Las Vegas Reuters Heather Somerville China Syfy Turkey Disney Asia Audi Yves Tro Apple
"eighty four billion dollars" Discussed on Upgrade

Upgrade

03:44 min | 3 years ago

"eighty four billion dollars" Discussed on Upgrade

"Trust me, if you have these devices in your life, just pick one of these things up this super cool. Thanks lunatic display that support of this show MB laughin-. So. This is I didn't realize until we started talking about this. How perfectly these two topics that we're talking about today. Go together. Yeah. I just kind of float into it in the last segment. I was like, oh, we're talking about the next thing. Now, aren't we? We should take a break. So. Apple need to continue to show an increase in services revenue and they knew this because they knew eventually the iphone would evolve flatten will start to go down. And I think to everybody surprise. It's happening right now on Wednesday. Tim cook posted a lead to invest apple dot com that highlighted they would not meet their revenue guidance for the holiday quarter, which is financial acute one. And that they would now going to justify Atwood previously set their revenue guidance at somewhere between eighty nine to ninety three billion dollars for the quarter. It has now been adjusted to eighty four billion dollars in overall revenue for the quarter. So we're looking at a change a miscalculation of somewhere in the range of five to nine billion dollars. Right. That's kind of like well looking at that saying it will be eighty four around about. But they were previously project him somewhere between eighty nine to ninety three. I'll give some more fallout. That was a great Scotsman on ATP this week. About this very topic. Luckily for them it happened like an hour before they were quoted. So like, yeah. That was that was very pleased that the interest onto the why they're so. Let's talk about why that this happened. So should just say like the the letter is very complex, and we try my best to break it down. Right because is written for investors. And I think as you would probably imagine. And as I believe a lot of is written in such a way to try and hide a little bit about what my actually be happening. Like apple can't talk about. And I believe everything saying, but I'm sure this there's a little bit in there with it just trying to like make things look a little better than maybe they all because this is how companies operate, right? Like, you don't care and completely honest. No, there's the. Yeah. The idea here is that they are trying to put the best face on it. They. Yes. Because I also all right. Exactly. But they also have to disclose. I think what's interesting is that even though the bulk of it is about China shortfall. They if it was really all about China shortfall, and they had no other concerns. That's what the statement would say. And it wasn't. Was it took we took a header in China. Also that was the biggest that was primarily. Why also here's a whole bunch of other things. And like that is my when I first saw it I thought, well, this is interesting because it sounds to me like apple had a problem in China with phone, and they're using this moment to you have the China thing kind of overshadow all of these other underlying things that are going on with the iphone, and I feel like that is probably what's going on. Here is right. Like, there is weakness in the iphone elsewhere. They made a mistake about the iphone elsewhere. And they're they're not I think maybe even legally not allowed to just completely sweep that stuff under the rug. They need to get it out there. They want your attention on China. They want your attention on the big thing and not all the other underlying things. But it's hard not to look at the fact that they went to the trouble of mentioning them and say, you know, you know, yes, this is a big China miss. That's the primary driver here. But they're also owning up to having a lot of other issues largely regarding the iphone more worldwide. And it's so it's important not to not to let that override the fact that there is a big missing China, but also not to ignore the rest of it because it was more interesting about this..

China Apple Atwood Tim cook ninety three billion dollars eighty four billion dollars nine billion dollars
"eighty four billion dollars" Discussed on SuperTalk WTN 99.7

SuperTalk WTN 99.7

02:20 min | 3 years ago

"eighty four billion dollars" Discussed on SuperTalk WTN 99.7

"If if your company's not growing your dying. Well, I don't necessarily agree with that. I mean, some some companies grow to a point, and then they reach a plateau, and then they're perfectly happy, and then they continue to make sales in the sales are consistent. Sometimes they dip up and down. But you know. It's just it happens. I mean, you can't I don't think you can continue. And if you think that if you're not growing every year that you're dying that I think that's a self fulfilling prophecy. I mean there are especially mom and pop businesses. I know folks who owned restaurants, and they, you know, their numbers are up and down up and down year to year, but they're not dying. It's just happens to be some years are better than others. And sometimes it has to do with the economy, and those who get in their mind that you have to continually grow in business to actually be successful. I think you're missing the point. If you can't be happy with eighty four billion dollars in revenue, then, you know, well, what happens with Apple's just going to close your doors because they only made eighty four billion dollars. It's ridiculous here folks who kill for eighty four billion dollars. We'll have to wait and see what the problem with apple is not China. The problem with apple is, unfortunately, Tim cook or whoever because they're not Steve Jobs and Steve Jobs. You remember he can? This is an interesting story because I can't remember when this was but Steve Jobs came back, and they issued the ipod you remember the ipod. By the way. That's where we get the the term podcast. Come. That's where that comes from a lot of people don't know that. It's it's short for an ipod broadcast. All right. Sarah Sanders coming to the podium Lewis. Bring her up in sushi's got to say. My friends minute to get in. On short notice and certainly happy new year. Welcome back. It's good to be back. We're gonna kick twenty nineteen off just slightly differently. And I'd like to welcome a very special guest for an appearance here in the briefing room are very great president, Donald J Trump. Wow. Oh. Fries. Where is it? She's opening the door for. Gentlemen. The overlord himself. Donald..

Steve Jobs Apple Donald J Trump Fries Sarah Sanders Tim cook president China eighty four billion dollars
"eighty four billion dollars" Discussed on AM 970 The Answer

AM 970 The Answer

01:36 min | 3 years ago

"eighty four billion dollars" Discussed on AM 970 The Answer

"It's twenty nineteen. This could be the year this committee year, congress works together to disgrace, what's happening in our country. Just could be the year we build the wall. They want border security the people of this country. What security could be the year. The Russia investigation comes to an end the entire thing has been a witch Cal for what could be and what is in two thousand nine hundred keep it right here. Then happy new year. Nine seventy the answer. From the FOX business network. Apple shares are sharply lower and trading before the market opened CEO, Tim cook has warning that disappointing iphone sales in China will cut seven billion dollars off the money it made mcquarters ending in December. And now expects to make eighty four billion dollars in the quarter. Cook says escalating trade tensions between the US and China did have an impact on its stores. They're higher. I phone prices. Also cut into sales Blake Nordstrom co president of the luxury department store chain has died. He was only fifty eight his family didn't disclose the cause of death other than to say he died suddenly yesterday, Nordstrom had been diagnosed with lymphoma recently, lake Nordstrom was the grandson of the company founder, John Nordstrom. The Dow was up eighteen yesterday. Nasdaq gained thirty s and p added three with the FOX business report. I'm Janika Sola. Steve. That me.

John Nordstrom Blake Nordstrom Tim cook lake Nordstrom Janika Sola China congress FOX Apple Russia Steve CEO US president company founder eighty four billion dollars seven billion dollars
Apple Cuts Outlook on Weak iPhone Sales

Morning Edition

00:21 sec | 3 years ago

Apple Cuts Outlook on Weak iPhone Sales

"In a rare move apple on Wednesday cut its quarterly sales forecast to eighty four billion dollars down from a previous estimate of between eighty nine and ninety three billion the new sent apple shares down in after hours trade and triggered a broader selloff in global markets chief executive Tim cook blamed showing a slowing iphone sales in China for

Apple Tim Cook China Chief Executive Eighty Four Billion Dollars
"eighty four billion dollars" Discussed on AP News

AP News

02:06 min | 3 years ago

"eighty four billion dollars" Discussed on AP News

"At the very earliest Senate majority leader Mitch McConnell on the NFL speech says the House Democratic plan to vote on funding eight shuttered departments. And continuing funding for the department of homeland security and the next month without an increase for President Trump's border law won't fly one partisan vote in the house tomorrow is not going to solve anything. Clear to the speaker. We're not interested in having show votes in the Senate. We're interested in bringing up something. House has passed sixty senators will support and the president Senate minority leader Chuck Schumer accuses Republicans and the president of holding federal workers, and the public hostility hope that they will not use the American people the millions who depend on these eight departments and the workers who are either not working or not getting paid as hostages to have a temper tantrum pound the table and say, it's our way what we heard all these people the partial shutdown now in its twelfth day has furloughed about four hundred thousand federal workers with a similar number working without pay an announcement made after the closer trade today is likely to have an impact when the markets open tomorrow. Warren Levinson explains apple CEO, Tim cook sent shareholders a letter saying revenue for the fourth quarter will be around eighty four billion dollars well below the ninety one billion Wall Street had been expecting the biggest factor is a slowdown in the demand for new iphones. Especially in China where the economy has been slowing and domestic brands are starting to capture some market share cook said the president's tariff war with China doesn't help although it hasn't directly affected apple yet company. Shares had already fallen by a third since early October. They fell again in post market trading after Cook's letter was released. Warren Levinson, New York. This is a radio news. A young mother her toddler and a man died when their vehicle tumbled into a frigid river while being chased Monday by Milwaukee police following a series of robberies assistant police chief Stephen Caballero says the officers work correct in pursuing that car because of the.

Tim cook Senate president Warren Levinson President Trump apple Mitch McConnell Chuck Schumer China NFL Milwaukee Stephen Caballero New York CEO eighty four billion dollars
"eighty four billion dollars" Discussed on Forked Up: A Thug Kitchen Podcast

Forked Up: A Thug Kitchen Podcast

01:48 min | 3 years ago

"eighty four billion dollars" Discussed on Forked Up: A Thug Kitchen Podcast

"I'm Tim Maguire the partial government shutdown over border issues, not likely to end until Friday at the very earliest Senate majority leader Mitch McConnell on floor speech says the House Democratic plan to vote on funding eight shuttered departments. And continuing funding for the department of homeland security and the next month without an increase for President Trump's border law won't fly one partisan vote in the house. Tomorrow was not going to solve anything. I made it clear to the speaker. We're not interested in having show votes in the Senate. We're interested in bringing up something houses passed sixty senators we'll support and the president will sign. Senate minority leader Chuck Schumer accuses Republicans and the president of holding federal workers, and the public hostage hope that they will not use the American people the millions who depend on these eight departments and the workers. Who are either not working or not getting paid as hostages to have a temper tantrum pound the table and say, it's our way. Well, we heard all these people the partial shutdown now in his twelve day has furloughed about four hundred thousand federal workers with a similar number working without pay an announcement made after the closer trade today is likely to have an impact when the markets open tomorrow. Warren Levinson explains apple CEO, Tim cook, sent shareholders a letter saying revenue for the fourth quarter will be around eighty four billion dollars well below the ninety one billion Wall Street had been expecting the biggest factor is a slowdown in the demand for new iphones, especially in China where the economy has been slowing and domestic brands are starting to capture some market share cook said the president's tariff war with China doesn't help although it hasn't directly affected apple yet company. Shares had already fallen by a third since early October. They fell again in post..

president Senate President Trump Tim cook apple Tim Maguire Mitch McConnell Chuck Schumer China Warren Levinson CEO eighty four billion dollars twelve day
"eighty four billion dollars" Discussed on House of Kim with Kim Zolciak

House of Kim with Kim Zolciak

01:48 min | 3 years ago

"eighty four billion dollars" Discussed on House of Kim with Kim Zolciak

"I'm Maguire the partial government shutdown over border issues, not likely to end until Friday at the very earliest Senate majority leader Mitch McConnell on the floor speech says the House Democratic plan to vote on funding eight shuttered departments. And continuing funding for the department of homeland security and the next month without an increase President Trump's border law won't fly one partisan vote in the house. Tomorrow's not gonna solve anything. I made it clear vicar. We're not interested in having show votes here in the Senate. We're interested bring up something houses past sixty senators support and the president will sign Cinna minority leader Chuck Schumer accuses Republicans and the president of holding federal workers, and the public hostage hope that they will not use the American people the millions who depend on these departments and the workers. Who are either not working or not getting paid as hostages to have a temper tantrum pound the table and say, it's our way. Well, we heard all these people the partial shutdown now twelve day has furloughed about four hundred thousand federal workers with a similar number working without pay an announcement made after the close trade today is likely to have an impact when the markets open tomorrow. Warren Levinson explains apple CEO, Tim cook sent shareholders a letter saying revenue for the fourth quarter will be around eighty four billion dollars well below the ninety one billion Wall Street had been expecting the biggest factor is a slowdown in the demand for new iphones, especially in China where the economy has been slowing and domestic brands are starting to capture some market share cook said the president's tariff war with China doesn't help although it hasn't directly affected apple yet company. Shares already fallen by third since early October. They fell again in post..

president Senate Mitch McConnell Tim cook apple Maguire Trump Chuck Schumer China Warren Levinson Cinna CEO eighty four billion dollars twelve day
"eighty four billion dollars" Discussed on AP News

AP News

01:43 min | 3 years ago

"eighty four billion dollars" Discussed on AP News

"At the very earliest Senate majority leader Mitch McConnell on the NFL speech says the House Democratic plan vote on funding eight shuttered departments. And continuing funding for the department of homeland security and the next month without an increase for President Trump's border law won't fly one partisan vote in the house tomorrow is not going to solve anything. I made it clear to speaker. We're not interested in having show votes in the Senate. We're interested in bringing up something. House has passed sixty senators support and the president will Cy Senate minority leader Chuck Schumer accuses Republicans and the president of holding federal workers, and the public hostility hope that they will not use the American people the millions who depend on these eight departments and the workers who are either not working or not getting paid as hostages to have a temper tantrum pound the table and say, it's our way or we heard all these people the partial shutdown now in twelfth day has furloughed about four hundred thousand federal workers with a similar number working without pay an announcement made after the closer trade today is likely to have an impact when the markets open tomorrow. Warren Levinson explains apple CEO, Tim cook sent shareholders a letter saying revenue for the fourth quarter will be around eighty four billion dollars well below the ninety one billion Wall Street had been expecting the biggest factor is a slowdown in the demand for new iphones. Especially in China where the economy has been slowing and domestic brands are starting to capture some market share cook said the president's tariff war with China doesn't help although it hasn't directly affected apple yet company. Shares had already fallen by a third since early October. They fell again in post more news.

Senate president President Trump Tim cook Mitch McConnell apple Chuck Schumer China Warren Levinson NFL CEO eighty four billion dollars
"eighty four billion dollars" Discussed on AP News

AP News

01:44 min | 3 years ago

"eighty four billion dollars" Discussed on AP News

"At the very earliest Senate majority leader Mitch McConnell on the NF lower speech says the House Democratic plan to vote on funding eight shuttered departments. And continuing funding for the department of homeland security and the next month without an increase for President Trump's border law won't fly one partisan vote in the house tomorrow is not going to solve anything made it clear to the speaker. We're not interested in having show votes here in the Senate. We're interested in bringing up something. House has passed sixty senators will support and the president will sign. Senate minority leader Chuck Schumer accuses Republicans and the president of holding federal workers, and the public hostile hope that they will not use the American people the millions who depend on these eight departments and the workers who are either not working or not getting paid as hostages to have a temper tantrum pound the table and say, it's our way where we heard all these people the partial shutdown now in its twelfth day has furloughed about four hundred thousand federal workers with a similar number working without pay an announcement made after the closer trade today is likely to have an impact when the markets open tomorrow. Warren Levinson explains apple CEO, Tim cook sent shareholders a letter saying revenue for the fourth quarter will be around eighty four billion dollars well below the ninety one billion Wall Street had been expecting the biggest factor is a slowdown in the demand for new iphones. Especially in China where the economy has been slowing and domestic brands are starting to capture some market share cook said the president's tariff war with China doesn't help although it hasn't directly affected apple yet company. Shares had already fallen by a third since early October. They fell again in post more news right after this..

Senate president President Trump Mitch McConnell Tim cook apple Chuck Schumer China Warren Levinson CEO eighty four billion dollars
"eighty four billion dollars" Discussed on AP News

AP News

01:45 min | 3 years ago

"eighty four billion dollars" Discussed on AP News

"Earliest Senate majority leader Mitch McConnell on the NF lore speech says the House Democratic plan to vote on funding eight shuttered departments. And continuing funding for the department of homeland security and the next month without an increase for President Trump's border law won't fly one partisan vote in the house tomorrow is not going to solve anything. Made it clear to the speaker. We're not interested in having show votes. In the Senate. We're interested in bringing up something houses passed sixty senators will support and the president will Senate minority leader Chuck Schumer accuses Republicans and the president of holding federal workers and the public hostility hope that they will not use. The American people the millions who depend on these eight departments and the workers who are either not working or not getting paid as hostages to have a temper tantrum pound the table and say, it's our way or we heard all these people the partial shutdown now in his twelfth day has furloughed about four hundred thousand federal workers with a similar number working without pay an announcement made after the closer trade today is likely to have an impact when the markets open tomorrow. Warren Levinson explains apple CEO, Tim cook sent shareholders a letter saying revenue for the fourth quarter will be around eighty four billion dollars well below the ninety one billion Wall Street had been expecting the biggest factor is a slowdown in the demand for new iphones, especially in China where the economy has been slowing and domestic brands are starting to capture some market share cook said the president's tariff war with China doesn't help although it hasn't directly affected apple yet company. Shares had already fallen by a third since early October. They fell. Well, again in post more news right after this. Thank.

Senate president President Trump Mitch McConnell Tim cook apple Chuck Schumer China Warren Levinson CEO eighty four billion dollars
"eighty four billion dollars" Discussed on AP News

AP News

01:39 min | 3 years ago

"eighty four billion dollars" Discussed on AP News

"The very earliest Senate majority leader Mitch McConnell on the NFL floor speech says the House Democratic plan to vote on funding eight shuttered departments. And continuing funding for the department of homeland security and the next month without an increase for President Trump's border law won't fly one partisan vote in the house tomorrow is not going to solve anything made it clear to the speaker. We're not interested in having show votes in the Senate. We're interested in bringing up something. House has passed sexy senators will support and the president will Cy sending minority leader Chuck Schumer accuses Republicans and the president of holding federal workers, and the public hostility hope that they will not use the American people the millions who depend on these eight departments and the workers who are either not working or not getting paid as hostages to have a temper tantrum pound the table and say, it's our way what we heard all these people the partial shutdown now in his wealth day has furloughed about four hundred thousand federal workers with a similar number working without pay an announcement made after the closer trade today is likely to have an impact when the markets open tomorrow. Warren Levinson explains apple CEO, Tim cook sent shareholders a letter saying revenue for the fourth quarter will be around eighty four billion dollars well below the ninety one billion Wall Street had been expecting the biggest factor is a slowdown in the demand for new iphones. Especially in China where the economy has been slowing and domestic brands are starting to capture some market share cook said the president's tariff war with China AP digital news back in a moment to seventy percent off..

Senate president President Trump Tim cook Mitch McConnell Chuck Schumer Warren Levinson China AP NFL China apple CEO eighty four billion dollars seventy percent
"eighty four billion dollars" Discussed on AP News

AP News

01:52 min | 3 years ago

"eighty four billion dollars" Discussed on AP News

"At the very earliest Senate majority leader Mitch McConnell on floor speech says the House Democratic plan to vote on funding eight shuttered departments. And continuing funding for the department of homeland security and the next month without an increase for President Trump's border law won't fly one partisan vote in the house. Tomorrow's not going to solve anything. I made it clear to the speaker. We're not interested in having show votes. In the Senate. We're interested in bringing up something houses past sixty senators will support and the president will sign Senate minority leader Chuck Schumer accuses Republicans and the president of holding federal workers, and the public hostility hope that they will not use the American people the millions who depend on these eight departments and the workers who are either not working or not getting paid as hostages to have a temper tantrum pound the table and say, it's our way we heard all these people the partial shutdown now in its twelfth day has furloughed about four hundred thousand federal workers with a similar number working without pay an announcement on his twelfth day has furloughed about four hundred thousand federal workers with a similar number working without pay an announcement made after the closer trade today is likely to have an impact when the markets open tomorrow, Warren. Levinson explains. Apple CEO, Tim cook sent shareholders a letter saying revenue for the fourth quarter will be around eighty four billion dollars well below the ninety one billion Wall Street had been expecting the biggest factor is a slowdown in the demand for new iphones, especially in China where the economy has been slowing and domestic brands are starting to capture some market share cook said the president's tariff war with China doesn't help although it hasn't directly affected apple yet company. Shares had already fallen by a third since early October. They fell again in post more news right after this..

Senate president President Trump Mitch McConnell Tim cook apple Chuck Schumer China CEO Levinson Warren eighty four billion dollars
"eighty four billion dollars" Discussed on AP News

AP News

01:45 min | 3 years ago

"eighty four billion dollars" Discussed on AP News

"The very earliest Senate majority leader Mitch McConnell on the NFL speech says the House Democratic plan to vote on funding eight shuttered departments. And continuing funding for the department of homeland security and the next month without an increase for President Trump's border law won't fly one partisan vote in the house tomorrow is not going to solve anything. I made it clear to the speaker. We're not interested in having show votes here in the Senate. We're interested in bringing up something. Has passed sixty senators all support and the president will saw Senate minority leader Chuck Schumer accuses Republicans and the president of holding federal workers and the public hostility hope that they will not use the American people the millions who depend on these departments. And the workers who are either not working or not getting paid as hostages to have a temper tantrum pound the table and say, it's our way or we heard all these people the partial shutdown now in its twelfth day has furloughed about four hundred thousand federal workers with a similar number working without pay an announcement made after the closer trade today is likely to have an impact when the markets open tomorrow. Warren Levinson explains apple CEO, Tim cook sent shareholders a letter saying revenue for the fourth quarter will be around eighty four billion dollars well below the ninety one billion Wall Street had been expecting the biggest factor is a slowdown in the demand for new iphones. Especially in China where the economy has been slowing and domestic brands are starting to capture some market share cook said the president's tariff war with China doesn't help although it hasn't directly affected apple yet company. Shares had already fallen by third since early October. They fell again in post more news right after this critics.

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"eighty four billion dollars" Discussed on The Adam Carolla Show

The Adam Carolla Show

01:48 min | 3 years ago

"eighty four billion dollars" Discussed on The Adam Carolla Show

"I'm Maguire the barshop government shutdown over border issues, not likely to end until Friday at the very earliest Senate majority leader Mitch McConnell on the NF lore. Speed says the House Democratic plan to vote on funding eight shuttered departments. And continuing funding for the department of homeland security and the next month without an increase for President Trump's border law won't fly one partisan vote in the house. Tomorrow's not going to solve anything made it clear to the speaker. We're not interested in having show votes. In the Senate. We're interested in bringing up something houses passed sixty senators support and the president will sign Senate minority leader Chuck Schumer accuses Republicans and the president of holding federal workers, and the public hostile hope that they will not use the American people the millions who depend on these eight departments and the work. Cours who are either not working or not getting paid as hostages to have a temper tantrum pound the table and say, it's our way. Well, we heard all these people the partial shutdown now in its twelfth day has furloughed about four hundred thousand federal workers with a similar number working without pay an announcement made. After the close of trade today is likely to have an impact when the markets open tomorrow. Warren Levinson explains apple CEO, Tim cook sent shareholders a letter saying revenue for the fourth quarter will be around eighty four billion dollars well below the ninety one billion Wall Street had been expecting the biggest factor is a slowdown in the demand for new iphones, especially in China where the economy has been slowing and domestic brands are starting to capture some market share cook said the president's tariff war with China doesn't help although it hasn't directly affected apple yet company. Shares had already fallen by a third since early October. They fell again in post..

president Senate President Trump Tim cook apple Mitch McConnell China Chuck Schumer Maguire Warren Levinson CEO eighty four billion dollars
Apple cuts revenue forecast on weak China sales

Bloomberg Best

00:37 sec | 3 years ago

Apple cuts revenue forecast on weak China sales

"New York, sagging iphone sales in China forced to apple to cut its revenue guidance for the current quarter, the company via letter from Tim cook to investors trimmed its first quarter sales forecast to about eighty four billion dollars. Now at earlier at predicted at least eighty nine billion dollars while analysts estimates called for ninety one point three billion dollars lower than anticipated iphone revenue primarily in greater China accounts for all of our revenue shortfall to our guidance and for much more than our entire year over year revenue decline, according to cook. The

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Group asks Trump to unblock 41 Twitter users after court ruling

Live Abundant Radio

00:24 sec | 4 years ago

Group asks Trump to unblock 41 Twitter users after court ruling

"Dennis, Crowley reports federal government racked up seventy. Six point nine billion dollar deficit in the month of July with increased government spending and tax cuts keeping the country on track to record its biggest. Annual deficit in. Six years the treasury department is reporting that in the first ten months of this, budget year the deficit totaled six hundred eighty four billion dollars up, twenty point eight percent from the same period, last

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U.S. budget deficit already 21% higher than last year

News, Traffic and Weather

00:43 sec | 4 years ago

U.S. budget deficit already 21% higher than last year

"Socks in the US and Europe skidded as. Investors worried about the stability of Turkey on Friday and how it might affect the global financial system investors sold stocks and bought US dollars government bonds the dollar also rose against other currencies is the Turkish lira nosedived. The Dow fell one hundred ninety six points the s. and p. fell twenty NASDAQ lost fifty to the federal government racked up a seventy six point. Nine billion dollar deficit in July with increased government spending and tax cuts keeping. The country on track to record its biggest annual deficit in six years, the treasury department reports that are. The first ten months of this budget year the deficit totaled six hundred and eighty four. Billion, dollars up twenty point eight, percent, for the same period

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Monsanto, Johnson and Cancer discussed on Josh's Trail with Elder Dr. Levon Yuille

Josh's Trail with Elder Dr. Levon Yuille

00:32 sec | 4 years ago

Monsanto, Johnson and Cancer discussed on Josh's Trail with Elder Dr. Levon Yuille

"Ruling the federal government racked. Up seventy six point nine billion dollar deficit in July with increased. Government spending and tax cuts keeping the country on track to record its biggest annual deficit in six treasury department is reporting, that in the first ten months of this budget year the deficit totaled six hundred eighty four billion dollars up twenty point eight percent, from the same period last year the government has sharply revised. Upward its deficit estimates projecting annual deficits will once again top one trillion dollars

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