35 Burst results for "Euler"
Daily Crypto Report
"euler" Discussed on Daily Crypto Report
"It's at a.m. eastern march the 26th and this is your daily crypto report Bitcoin is up 1% at $27,950 Ethereum is up slightly at $1780 and binance coin is up slightly at $327. Well, the hacker of Euler finance has returned just shy of 60,000 eth of the 96,000 eth they stole via flash loan two weeks ago. It's not immediately clear if the hacker has worked with the team to accept their white hat offer, but at this point that's extremely likely and they'll keep the balance after returning the nearly $100 million worth of funds, a happier ending than expected for the protocol. Well, Bitcoin from the long shuttered BTC exchange is on the move, the stash of Bitcoin has been dormant for years and is now slowly making its way to exchanges, presumably to cash out BTC E was shuttered by the U.S. law enforcement agencies in 2017 and its operator Russian national Alexander vinick was arrested he still serving time in California according to court documents. A middleware platform, particle network has picked up $7 million in funding the startup previously raised 1.8 million in a pre seed funding round in April of last year. The firm's core product is a login and wallet middleware solution that helps developers integrate a user friendly web three authentication solution into decentralized applications. Where Universal Pictures is releasing a web three game on the aptos blockchain to celebrate the launch of the vampire movie rin field, the interactive web three game will produce prizes that can be either physical or digital collectibles, Universal Pictures, which is no stranger to web three is walking away from the NFT moniker. Well, the Federal Reserve has rejected Wyoming based custodia banks application to become a member of the Federal Reserve system citing doubts about the management team, financial condition, and business model, the fed also underscored its desire to not connect with the so called volatile asset class that is concentrated in crypto. The fed's board of governors also cast doubt on custodian's ability to make money in the future. And finally, co chairs has released a report on the state of Bitcoin ownership with a few key findings, including that it's not just a western phenomenon, the report also says that it's likely that several 100 million people worldwide own Bitcoin, most people use it as a store of value or as an instrument of speculation in a large majority of Bitcoin owners are under the age of 45. That's all for us today, visit us at daily crypto report IO for sources and links and listen to us everywhere else you podcast, under daily crypto report. It's easy to get lost in the day to today happenings of our busy lives. I'm your host, cine la Paco, you may recognize me from one of the most dramatic seasons ever. Of the bachelor, and I believe that we all have something to share. Tune in to something to share every Wednesday for down to earth conversations with inspiring and entertaining people, many of which you'll recognize about that special something they want to share most with the world. My name is Len Webb, and I'm Vincent Williams. We'd like to welcome you to our documentary podcast the class of 1989. Over the course of 6 episodes, then sit and I will examine the importance of 6 black films that came out in 89 and how they shape and influence popular culture, filmmaking, and society in general. Come on. Let's get it on. New episodes will begin running weekly on March 6th..
Crypto Curious
"euler" Discussed on Crypto Curious
"With our short sharp news bites this week, Blake, you can go first mate. Yeah, for sure. So coinbase is exploring setting up a separate crypto trading platform outside of the U.S.. Now, coinbase has institutional clients of coinbase global have been contacted by the firm about the plans to potentially set up a new crypto trading platform abroad. And this comes after pressure from the U.S. regulators, and it just really makes a lot of sense that coinbase is looking to also set up abroad because I know Brian Armstrong feels as though that you're spitting in circles a little bit trying to deal with regulators. Craig what's up next. So YouTubers who promoted FTX are being sued in a class action lawsuit. According to LegalEagle on Twitter, very credible source. He says this is a cut and paste job of the lawsuit against Tom Brady, literally the same lawyers, plaintiffs and claims. So the FTX drama is still kicking on. So they basically just going after all of the influencers now. So yes. It will be a lengthy process, but I can't say much happening from this, but good luck with that. What's up next? So Pokémon could be getting into NFTs. The Pokémon company TPC, I currently hiring a senior NFT and metaphors expert. So this was inevitable in my mind. I knew this was going to happen. So the likes of axie infinity were very close, very close clone of Pokémon. It was almost identical. Logan Paul and his fans have lost thousands of dollars on their crypto zoo, where players were hatching little NFT eggs that looked exactly like Pokémon babies and other things. So I'm not surprised that this is happening. It's probably going to be a little while away anyway because Pokémon kids and people that follow it. And it's not just kids. My kids are obsessed, but a lot of adults that I know are obsessed anyway. This is ripe for the picking. So when this does happen, watch this space. And I think that to be honest, two PC and the Pokémon crew are light to the party. They should have done this a lot earlier. So we'll see how that one goes. This Pokémon still a thing. As a kid. I just bought three packs today. Silver two. It's out. It's the big one. It's huge. I got an edgy story here. Microsoft is reportedly working on an integration of a crypto and non fungible token friendly web three wallet into the edge web browser. Now this is exciting. Ladies and gentlemen, it appears that the wallet will be non custodial and Microsoft will not repeat will not have access to your passwords and recovery keys. The passwords, your keys will be embedded right into the browser itself and not in the extension. So can you use meta mask on the edge browser? Yeah, you can. Yeah, you can. Okay, cool. They just going off their own product.
Crypto Curious
"euler" Discussed on Crypto Curious
"We don't know, but what are your predictions? We're not going to hold these two, but we may come back in a month or two and have a look. What do we think is going to happen? Craig, you can go first. Well, you know, I'm a raging ball, but sensible. The halvings next year. So we all know that's a catalyst. I think Bitcoin will trade between 20 and 30 grand for the rest of the year in that range. I think we'll just crab much like we saw in 2018, early 2019. And then the lead up was and we'll see the pump, but I think Ethereum will probably trade one to 2000 throughout the whole year. Good accumulation time I still think. I think you're really picking up most of the bill curve there, Craig. It's going to be hard to be wrong. Well, people are saying, obviously, all might sang them one meal of seeing people calling for 50 K like, let's be reasonable. But I think a little mini alt season with this air drop, which we'll get into, but I'm pretty pumped about that, but let's see when we get too short term. We might get up to 35 K trace, who knows. I did hear you say the other day on the call, not to touch any altcoins, including Ethereum. Not just yet. Oh, not just okay. I don't know if I said Ethereum, did I? You did. You said, don't touch Ethereum. Just stick to Bitcoin. I've never heard you say that before. Wow. Tracy, this changes everything. I just feel that Bitcoin is the best investment at this point in time. Blake, what's your prediction? Yeah, you know, all I can predict is that there's going to be volatility. There's markets unstable. There's lots happening in the macro. With banks failing, interest rates, who knows where they're going to go up or down. Money printing and yeah, of course we're still in a bear market. Officially. So who knows what's going to happen, except for volatility, I believe. Two very good predictions there. And like you said, we don't have a crystal ball. We don't know where it's going to go, but all we do know there is volatility. But I am a little bit more optimistic than I would have been maybe two or three weeks ago, which is funny considering what's happened over the last two weeks, but I'm just really impressed at the staying power of Bitcoin over this volatility and what's happened in the macro and the other markets.
Ethereum Daily
North Korean Lazarus Group Allegedly Tries to Phish Euler Exploiter
"Ronin bridge exploiter has sent an unchained message to the Euler exploiter, the message contains a link to a decryption tool and requests the Euler exploiter to use its private key with a tool to decrypt a message. The Euler team urged the Euler exploiter to not use the tool because it contains a vulnerability that could lead to a private key compromise. The Euler exploiter responded to the team's message, claiming they quote still want to do the right thing. Last week, the Euler exploiter had sent 100 ether to the same sanctioned while it addressed associated with the ronin bridge hack, but while it is believed to be controlled by a North Korean hacking group known as the Lazarus group, the Euler exploiter is yet to return the remaining funds back to the oiler protocol.
The Crypto Overnighter
"euler" Discussed on The Crypto Overnighter
"This last weekend the FDIC took receivership of Silicon Valley bank and signature bank. Brooks is now a board member of blockchain company bit fury. And he mentioned that during his time as head of OCC, he had a weekly call with the FDIC chairman and the Federal Reserve vice chairman. These calls were used to discuss priorities for the week, how they could support each other and how their actions could affect the banking system. So he was plugged into the system pretty tightly. Now Brooks restated his earlier comments at the milking conference in Washington, D.C., that the Biden administration is attempting to shut down crypto. He referred to this operation as choke .2. And he said that it would be the biggest story for the next 6 months. The original operation choke point was an Obama era initiative. It investigated banks business dealings with high risk firms suspected of fraud and money laundering. According to Brooks, regulators are attempting to send a signal that it will choke off the use of crypto. He is 100% confident that regulators are working together to shut down banks. On Tuesday, the New York department of financial services attempted to clarify that signature bank's closure was not due to crypto. But people aren't buying it. People like me. They're also not buying that it was due to a lack of confidence in the bank's leadership. The bank had been trying to decrease its exposure to crypto in recent weeks. Despite the department's claims that the bank's closures were not related to crypto, Brian Brooks is convinced that they were absolutely intentional. And while he believes that there is a coordinated effort by regulators to choke off crypto, he also thinks that smaller banks will always be willing to work with crypto companies even if larger banks won't. That seems to me like it would be better if the larger banks with their better risk management served the sector. Now, since state regulators shut down signature on Saturday, the bank has been put up for sale.
The Crypto Overnighter
"euler" Discussed on The Crypto Overnighter
"Anchorage digital is a crypto bank. And unfortunately, they're also firing 75 workers. That's about 20% of their employees. The bank explains that the reason for the layoffs is the uncertainty of regulations in the U.S.. Anchorage said in a statement on March 14th that the job cuts are part of a quote strategic realignment to better focus our resources. This is due to general economic problems and the instability of the crypto market. Now, interestingly, the company reported an increase in demand for its product. They said that their customer assets were at an all time high. However, the company also acknowledged that the challenging economic market and regulatory circumstances are causing problems for the business and the cryptocurrency industry as a whole. In January 2021, anchorage received the national trust bank charter from the office of the comptroller of the currency, becoming the first U.S. crypto firm to do so. Despite the layoffs, anchorage still has faith in the potential of digital assets and its ability to create regulated solutions for digital asset holders. Now, we don't know that the current circumstances of SVB signature and silvergate that they had anything to do with anchorage's choice to downsides at staff. But I have to believe it's true. They've seen the writing on the wall, and it's looking really rough for crypto related banks in the U.S.. Regulators claims to the contrary. And that's going to do it for us tonight. I want to thank you. My listener, because when you stop listening, I will stop talking. If you enjoyed tonight's show, then please, like, follow subscribe. Leave a rating or review. And in the meantime, we'll see you tomorrow night.
The Crypto Overnighter
"euler" Discussed on The Crypto Overnighter
"Now we also know that the Justice Department was an examining whether the bank worked hard enough to detect potential money laundering by its customers. This is according to insiders cited in a march 15th Bloomberg report. The regulator had concerns about whether the bank was taking steps to monitor transactions for criminal activity and to properly vet customers. Additionally, the securities exchange commission was taking a look at the bank, according to two anonymous sources cited in the Bloomberg report. However, no information about the nature of the SEC's investigation was disclosed. The start of the investigations and their impact on the recent decision by the New York State regulators to close down the bank is unknown. However, it was stated that neither signature bank nor its employees were accused of any wrongdoing. Furthermore, the actions by the SEC and the DoJ might conclude without any charges or any further action taken against the bank. On March 14th, a class action lawsuit was filed against signature bank and former executives by shareholders for falsely claiming to be financially strong, just three days before it was closed down. The bank was closed on March 12th, along with other banks, including silvergate bank in Silicon Valley bank. Reports suggest that the DoJ and the SEC have also launched investigations into the collapse of silvergate and SVB. The regulators will examine the circumstances that led to the bank's failure, including reviewing security filings that revealed the sale of bank shares by its CEO Greg Becker and CFO, Daniel Beck, just two weeks before the bank's collapse. While the SEC has not commented formally, chair Gary gensler announced on March 12th that it will quote investigate and bring enforcement actions if we find violations of federal securities laws. The Central Bank and treasury of Australia recently met with executives from the international crypto industry to discuss the future of digital assets and regulation in the country. Among those in attendance was Tom Duff Gordon. Now Gordon is the vice president of international policy at coinbase. He traveled from London to participate in the meetings and made a submission on the treasury's token mapping consultation paper. This paper was released last month and it aims to identify the activities and functions of crypto products and to map them against current regulatory frameworks. This process is known as token mapping. Gordon praised the token mapping exercise. He told coin desk, it was one of the most detailed and thoughtful papers he'd seen on the subject of crypto regulation. Gordon also expressed his excitement for the forthcoming draft rules for the crypto exchanges and custodians. Those rules are expected to be released later this year. He said he appreciated the industry's ability to participate in an open and transparent regulatory process. According to the Australian, Gordon and John o'loughlin, the managing director of coinbase, Asia Pacific, held several meetings with the government and policy stakeholders in Australia. Gordon said that the Central Bank is interested in the financial stability and the connection between the traditional financial system and the crypto system. He added that the treasury in Australia is responsible for establishing the regulatory framework and the reserve bank of Australia may become more involved in the future. The coinbase submission to the treasuries token mapping consultation paper focused on ensuring that customers have the information that they need to make informed decisions. Gordon emphasized the
AP News Radio
McDavid scores twice, Oilers blast reeling Crosby, Pens 7-2
"Connor McDavid leads the NHL with 109 points after collecting four more in the oiler 7 two router the penguins. Euler's coach J woodcroft. He does a day in day out, he supported by a bunch of teammates that he loves to lead, and that work hard for him. McDavid scored twice to push his goal total to a career high 46. He also had two assists before scoring on a penalty shot late in the third period. Leon draisaitl notched his 35th goal of the season to help Edmonton prove to ten one and 5 in its last 16 games. Chris letang had both goals for the pens who have dropped four straight and 5 of 6. I'm Dave ferry.
Talk Python To Me
"euler" Discussed on Talk Python To Me
"So we can select just a single column from the pile without touching any of the other weaker reads statistics and several file can write statistics, which knows. Okay, this page just up this maximum value, just minimum value. And if you have everything the part is buried, which is also only give me the result where the value is larger than this. And we see that statistics say it can not be in this bowel. We can just skip the whole column. We don't have to read. Oh, interesting. There are a lot of optimizations, which are the best work you don't have to do and playing a lot. Exactly. Or you've done it when you created the file and you never do it again, or something like that. Yeah. Yeah, so you've got a read parquet, a scan parquet, I suppose that's the data frame versus lazy frame. And then you also have the ability to write them. That's pretty interesting. JSON, multiple files. Yeah. Yeah, there's just a whole bunch of how do I, how can I rather? A bunch of neat things. What else would you like to highlight here? The most important thing. I want to start showing the expression API. So it's a bit difficult a bit higher. So just follow expression. One of the goals of policy API is to keep the APIs small, but give you a lot of things you can do. And that's where the questions come in. So suppose those expressions are expressions or virtual to do, which are all in parallelized on aquarium given. And can combine them in an expression takes a series and produces and thus the input is the same as the output. You can combine them and as you can see, we can do pretty complicated stuff. And you can keep training them. This is the same, I'd like to see it press the python vocabulary is quite small. So we have a while. We have a loop. We have a variable. If you, I think it's into maybe two pieces of paper. But with this, you can write any program you want with the combination of all those, all those. And that's what we were up to do with Euler's questions as well. So you've got a lot of small building blocks which can be combined into. So somebody could say, I want to select a column back, but then I don't want the actual values. I want the unique ones, a unique nest. So if there's duplicate, remove those, and then you can do a dot account. Then you can add an alias, which gives it a new basically defines the column there. You agree with us. Well, it's not named. It's good reason. So. As is the keyword part. So it means something else, yeah. Interesting. Okay. Yeah, so people, they use these expressions to do lots of transformations and a filtering and things like that. This can be used in a select on different places, but on knowledge of expressions, extrapolates to different locations. So you can do it in a select statement and then you select this expression. You get a result. But you can also do this in a group. And then the same logic applies. It runs on the same engine and make sure everything is and this is really powerful because it's so expressive, people don't have to use custom apply with lambda because when you use a long black box to ask, it will be slow because it's bright and we don't know. So my mom dies, it will be slow. It will kill parallelization, plus bills, but yeah. Three times a day. Right. It gets in the way of a lot of your optimizations and a lot of your speed ups there.
Ethereum Daily
"euler" Discussed on Ethereum Daily
"Euler finance added support for coinbase wrapped staked eth or CVE as a collateral asset. The addition marks the first DeFi integration for CBE. CBE is coinbase's liquid staking token, CBE represents ether, stake the Bitcoin base, which is currently the third largest staking entity ahead of lido finance. Users can now lend borrow and leverage CVE on Euler currently landing CBE on Euler yields 1.18% lending APY. In addition to the 4.02% staking APY, CBE borrowers on Euler can also earn the platforms you'll governance token. Users can also use CBE as collateral to access up to 2.75 X leverage on CBE and ether. Polygon is now supported as a network on a rarible community NFT marketplace builder. The builder is a no code solution that allows NFT collection owners to create a customized NFT marketplace. The free to use builder also aggregates NFT listings from open sea X to Y two rarible and looks rare. Initially, only listings from open sea will be aggregated on polygon NFT marketplaces, mandatory royalties can also be set on each marketplace, rarer balls, marketplace builder, was initially released in August of 2022 with initial support for Ethereum. The tool has since been used to create over 1200 NFT marketplaces across 5 supported chains. RP launched in early access release for its eagle RPC, a security tool that enables two factor authentication for crypto wallets. Once added to an Ethereum wallet, the eagle RPC monitors transactions if a suspicious transaction is detected, the eagle RPC stops the transaction from being sent on chain and sends an email notification to the user. Users can then reconfirm or reverse the transaction from their email, or people announce details for early access to eagle in the coming days. RP also offers an on chain firewall solution that front runs malicious transactions. The firewall transfers at risk fonts to a secure vault, RP currently charges a 0.1 eth phi per recovery. NFT infrastructure platform Gen Z launched GMC vaults, which are shared ownership NFT contracts designed for group traders. Similar to party bid, users can pull together eth to purchase an NFT, which is then fractionalized and distributed among participants proportional to the percentage of eth they contributed vault members can sell their fractional NFT on secondary markets or vote on a proposal to sell the underlying NFT. If a sale is successful, users can claim their share of funds by redeeming their fractional NFT. Supports both private and public vaults. There is also a 2.5% platform fee on the sales price of each NFT sold by a vault. And lastly, blockchain indexing protocol, the graph now supports sub graphs for optimism and arbitrum, developers can now query index and collect data across the layer two networks. The integration is part of the graphs multichain incentivized program or mips, which aims to enable the migration of multi chain subgraphs. The graph now supports a total of 39 blockchain networks. This.
Coronavirus
"euler" Discussed on Coronavirus
"Euler finance added support for coinbase wrapped staked eth or CVE as a collateral asset. The addition marks the first DeFi integration for CBE. CBE is coinbase's liquid staking token, CBE represents ether, stake the Bitcoin base, which is currently the third largest staking entity ahead of lido finance. Users can now lend borrow and leverage CVE on Euler currently landing CBE on Euler yields 1.18% lending APY. In addition to the 4.02% staking APY, CBE borrowers on Euler can also earn the platforms you'll governance token. Users can also use CBE as collateral to access up to 2.75 X leverage on CBE and ether. Polygon is now supported as a network on a rarible community NFT marketplace builder. The builder is a no code solution that allows NFT collection owners to create a customized NFT marketplace. The free to use builder also aggregates NFT listings from open sea X to Y two rarible and looks rare. Initially, only listings from open sea will be aggregated on polygon NFT marketplaces, mandatory royalties can also be set on each marketplace, rarer balls, marketplace builder, was initially released in August of 2022 with initial support for Ethereum. The tool has since been used to create over 1200 NFT marketplaces across 5 supported chains. RP launched in early access release for its eagle RPC, a security tool that enables two factor authentication for crypto wallets. Once added to an Ethereum wallet, the eagle RPC monitors transactions if a suspicious transaction is detected, the eagle RPC stops the transaction from being sent on chain and sends an email notification to the user. Users can then reconfirm or reverse the transaction from their email, or people announce details for early access to eagle in the coming days. RP also offers an on chain firewall solution that front runs malicious transactions. The firewall transfers at risk fonts to a secure vault, RP currently charges a 0.1 eth phi per recovery. NFT infrastructure platform Gen Z launched GMC vaults, which are shared ownership NFT contracts designed for group traders. Similar to party bid, users can pull together eth to purchase an NFT, which is then fractionalized and distributed among participants proportional to the percentage of eth they contributed vault members can sell their fractional NFT on secondary markets or vote on a proposal to sell the underlying NFT. If a sale is successful, users can claim their share of funds by redeeming their fractional NFT. Supports both private and public vaults. There is also a 2.5% platform fee on the sales price of each NFT sold by a vault. And lastly, blockchain indexing protocol, the graph now supports sub graphs for optimism and arbitrum, developers can now query index and collect data across the layer two networks. The integration is part of the graphs multichain incentivized program or mips, which aims to enable the migration of multi chain subgraphs. The graph now supports a total of 39 blockchain networks. This.
Ethereum Daily
Euler Adds Support For CbETH Collateral
"Lending protocol Euler finance added support for coinbase wrapped staked eth or CVE as a collateral asset. The addition marks the first DeFi integration for CBE. CBE is coinbase's liquid staking token, CBE represents ether, stake the Bitcoin base, which is currently the third largest staking entity ahead of lido finance. Users can now lend borrow and leverage CVE on Euler currently landing CBE on Euler yields 1.18% lending APY. In addition to the 4.02% staking APY, CBE borrowers on Euler can also earn the platforms you'll governance token. Users can also use CBE as collateral to access up to 2.75 X leverage on CBE and ether.
Bloomberg Radio New York
"euler" Discussed on Bloomberg Radio New York
"Is that on top of the congestion? Tax already in place? That's on top of the congestion charge. So if you want to drive into that zone now, you have to pay 27 pounds 50 a day that's about $34. So it's very, very large amount. But the actual ultra low emission zone is currently twice the size of the congestion charge zone. So it covers all of in a London and in probably August of this year, it's going to cover the entirety of Greater London. So exactly how big is this zone? You said it's larger. What does it encompass if you're in London, how big is the zone for ultra low emissions? It covers about 3.8 million Londoners homes. So it's substantial. It's about half. So if you think of London as being within the M 25 beltway, it's about half that area currently. In the M 25, it's sort of the big road that circles London. Exactly. But this summer, the zone is going to be extended all the way out pretty much out to that beltway. It's not exactly the same border, but it's very, very close. So it sounds like the ultra low emission zone has a different goal than the first one, which was to discourage people from driving. This one seems more at trying to get people to buy electric cars so they can drive in most of London without incurring a fee. Yes, this is substantially intended to push a modal shift. And one of the things that is relevant with looking back at the congestion charge, remember I said that it was good at deterring private vehicles, but increasingly it's the commercial fleet that is a big issue. So it's also substantially about encouraging large scale haulers and people like Uber to switch their vehicles over to something much cleaner. And it seems to be having that effect. How has it been working out? The numbers are still small, but they are also at the same time quite spectacular. So looking at Uber, for example, about 13% of their journeys in London are by electric vehicle now. But that's triple what they were. That was in the second quarter of 2022. But that's triple what they were running in the first quarter of 2021. So the ready has gone up three times. It's about 5 times what the average is in North American cities. So yes, there has been quite a flip, and that seems to be ongoing. And what about diesel because diesel is really dirty as compared to just sort of your regular gasoline car? In terms of the amount of diesel vehicles coming into in a London, it was spectacular, 44,000 fewer. These or vehicles every day entered the zone after it was introduced compared to the weeks preceding. So it's almost like flipping a switch. One week later, there's 44,000 fewer of years vehicles every day. So the goal here, of course, is to not just decrease congestion, but to lower pollution, is that working? Yes, it has reduced pollution. They believe that in the first 6 months, it reduced the proportion of harmful pollutants in inner London by 20% and in central London by 40%. And this is over which period of time over the first 6 months of the Euler's being introduced. So over the 6 months since the ultra low emission zone, it air pollution in central London has dropped 20%? Yes, and 40% in the city core. But it makes sense when you think about it because it's like flicking the switch. One day they can drive in the next day, it's commercially unviable to them. Suddenly the pollution isn't there. So it shows that you can really deliver things very quickly. How has the public responded to this? It's pretty big stick without a whole lot of carrot. Well, yes, it is a pretty big stick and not a whole lot of carrot, but then not to be too sensationalist about it, not dying of air pollution is a pretty juicy carrot if you ask me. And I think people's understanding of the genuine dangers has grown. Also worth bearing in mind that before these charges, London was a terrible place to drive and the profoundly inconvenient place to drive. And this is not a widespread out North American city where you can just drive through a city like a hot knife through butter. I'm in my 40s
Ethereum Daily
The Aztec Grants Program Is Accepting Applications
"Aztec network is now accepting applications for its third grants funding round. The Aztec grants program provides developers building in the Aztec ecosystem with financial support and access to resources, Aztec is seeking proposals for independent wallets, application front ends as they connect bridges and Aztec native applications. As to connect bridges, allow the Aztec rollup to connect with layer one DeFi applications. The network has already integrated with aave Euler element finance urine and lido. Aztec is also looking for developer feedback on nor. It's rust based privacy programming language. Last month, acid raised a $100 million series B, led by a 16 Z
AP News Radio
Kane cut on wrist by skate blade in Oilers' win vs Lightning
"The oilers scored two power play goals one 58 apart early in the second period of a three two win at Tampa Bay Connor McDavid scored his 14th goal of the season to break a one one tie He later set up Leon draisaitl's knife goal I thought the boys battled hard and just found a way to win I mean that's all it was It's nice to show we can play a little defense Jack Campbell made 35 saves and Edmonton killed off the lightning's 5 power plays Brandon Hagel and Alex killorn scored for the bolts Euler's forward Evander Kane had to be hospitalized after being cut on the left wrist by a skate blade early in the second period I'm Dave fairy
AP News Radio
Draisaitl keys Oilers' four-goal 2nd to beat Penguins 6-3
"Connor McDavid's Euler's beat Sidney Crosby's penguin 6 to three in a showcase matchup of perhaps the NHL's two biggest stars Crosby scored his fourth goal of the season as Pittsburgh jumped to a three one lead two minutes into the second period but Edmonton surged back to score four straight goals for a 5 three lead by the end of the period McDavid didn't score a point but it's heralded teammate Lee and Dreyse had a goal into his sis Notice he proud of the group the way we responded in the second and third but we shouldn't we shouldn't have to rally back from two or three goals that we get The loss was the penguins first in regulation time this season I'm Tom Miriam
AP News Radio
British sewage overflows stink up relations across Channel
"Euler lawmakers have a new post Brexit reason to be annoyed with Britain British sewage overflows seeping into the English Channel and North Sea Heavy rainfall after weeks of dry weather overwhelmed parts of Britain's sewage system last week causing untreated wastewater to be discharged into rivers and seas The problem is a long running issue in Britain where regulators are investigating possible permit violations for 6 major water companies environmental groups allege the firms have failed to make needed repairs This is mainly a problem for the UK where people were born to stay away from dozens of beaches last week raising concerns about public health and the damage to wild life London
ESPN FC
"euler" Discussed on ESPN FC
"Start then for Norway taking all of three points of the four one win and who better to reflect on this victory than our very own. It's with us. Great start. It was so a great start that I was traveling to Germany with my Norwegian shirts and to celebrate it all. But yes, it was a good start after England beat Australia in our group yesterday. We know that they are the favorites to win England in our group. So this was a necessary win. We were good. Especially on the left side, we Euler Blackstock for the first goal and guru writing from Chelsea did ever so well on the left side. And then you have Carolina Graham Hansen from Barcelona, of course, is she's the artist of this Euros. Just have a look at her. Whatever she can do with Paul is fantastic to watch. And I mean, the biggest breaking news is that we are scoring four goals and other hair goodbye didn't score for us. But you worked very, very hard. They're pressing was excellent in this game. But this was a game we expected to win. Now the next game is England and hopefully we can get a point there. Because it will be a group final against Australia in the third game and it's quite interesting that last new rules we have a good tradition in championship know we couldn't score a goal in the whole tournament, which was a bit scandalous. So for us to score four goals today, get some confidence, put some new players on young players on to get an experience in the championship. So it was a good night for the Norwegian women. What would be a successful tournament for Norway Anne? Well, we are outsiders. We couldn't expect to go to go all the way, but if we can get it out from the group stage, we need to quarterfinal. So that will take us on. Further. But if you, I mean, Spain, England, as you see, sometimes I'm not agree with these people, but this time Spain will be there although they lost their superstar to the crew should ligaments and Germany will always be there. There is this thing about Germany and championship. It's about the same women as
The Hockey PDOcast
"euler" Discussed on The Hockey PDOcast
"Myself gravitating towards him is because he feels like a really perfect litmus test right now for how you watch games and kind of what you value in your players. I think where you stand on him as a contributor is awfully telling to me for your ability to, I guess, what we want to say properly about the players are kind of what you're looking for as signs of contribution, right? Because I think he still seems to be so underappreciated and ironically enough by like I see like a loud minority of Euler's fans at this point that still can't seem to get past like whatever limitations he has or if he messes up or he doesn't convert on a great opportunity to McDavid sets up for him. They're like, oh, let's bump this guy down the lineup. We need someone else playing in these minutes. And I get it in the sense that if you're just looking at the traditional box score, you're not seeing particularly impressive counting stats. It's like whatever he's got 13 goals this season, however many odd points. It's nothing to write home about. But if you dig a bit deeper, it's so obvious that he's doing all these little things out there defensively and around other areas of the ice that help create those positive impacts for his team when he's on the ice. I'm going to give you some stats here. Since the coaching change, since they brought in woodcroft to replace Dave dippin, he's played 17 games, and that spans nearly 255 one 5 minutes. In those minutes, the oilers are controlling 60.8% of the shot attempts, 60.3% of the shots on goal, the high danger attempts are 72 to 34 in their favor. They're outscoring opponents 18 to two, and he's got a 65.2 expected goal share, which is the 5th best out of all skaters in that time. And I believe it makes him the only player that's not on the bruins leaves or Panthers that's in the top 15 or 20 on that list. So you just look at that in just the impacts. I know he's playing with McDavid now obviously and that certainly helps. But it's impossible not to look at that and kind of what he brings to the table as a compliment to the way McDavid plays. And it kind of reminds me a little bit of like we had this conversation a few podcasts to go you and I where we were talking about how pavelski and Robertson, for example, help round out rupe hints his game because without them he'd kind of be a bit more of a one trick pony in terms of he's going to try to attack you off the rush pretty much every time he gets the puck and what it works out and he gets through, it's going to look great. But if he misses the net or if it doesn't go in, it's probably going to be coming back the other way and then all of a sudden you've lost possession and it makes you susceptible to defensively and McDavid can afford to play that way when pull your Arby's on the.
Marketplace with Kai Ryssdal
"euler" Discussed on Marketplace with Kai Ryssdal
"Last year about this time our man in Austin Andy Euler had to retreat to his cousin's house when his own power went out. So far, I'm happy to be able to report so good for mister Euler as another winter storm hits the distinctly unwind Texas economy. The power grid failed last year as you remember left millions of people without power for days and killed more than 200 people. The state legislature in Texas did pass a couple of bills to try to winterize the grid and last fall governor Greg Abbott promised the lights would stay on. Well, fast forward to now and Abbott has recanted acknowledging that in fact no one can guarantee that is his quote no one can guarantee that there aren't going to be any blackouts. So Andy's assignment today for as long as his power lasts was to talk to some Texans about how they are preparing this time around. The cold front that just moved in is bringing some bad memories with it for adrianne ewell. We have lingering trauma from last year where we're really worried about that worst case scenario happening again. You live just north of Fort Worth, with her husband, 11 year old daughter and 7 year old son. She says when the power went out at her house last year, the family packed up and went to stay at her father in law's place an hour and a half away. When they returned the next day, they were greeted with two inches of water throughout the house. A pipe in their attic had frozen then burst. It took more than 6 months to get their house repaired. She says this here? We have a different plan though, if something did happen and we lost the power for a significant amount of time like we did last year. We would not leave. Because of all the damage last year's storm caused, businesses like radiant plumbing and air conditioning in Austin have had to adapt. Ken price is the director of operations there. You know, we have technicians that we've set up to do virtual calls with customers that have water leaks and walking them through how to go in and cut the water off. Before casters say this storm is not as cold, not as large geographically and won't go on for as long as last year, so it really shouldn't strain the system the same way. Politicians, utilities.
Make Me Smart with Kai and Molly
"euler" Discussed on Make Me Smart with Kai and Molly
"What will our electric grid look like. And as our electric grid going to get enough infrastructure to support that and not to mention all the used cars on the market and so talking about twenty thirty and what is an average car last. If you really keep it up like what ten fifteen years so that means you know all of those cars that are renew and not ev. At the moment would have just stop existing but against the new goal is for new cars. So yeah anyhow. it's kristen. Schroder public mass transit all caps. Got it. That's what we really need half full on public full on public mass transit. All right what else are you half full or half empty on ever given tourism way. What is ever giving. I don't know it has to do with the boat in the suit that was stuck in the suez. Oh oh yes yes yes. It's the boat. They're talking about the boat. Apparently you can get on a smaller boat. And then be ferried past the much larger boat This feels now reporter or something. It's like you want to. Oh without the death well yeah but You know like let's tour something that didn't work right. Oh oh make it. I mean. I just don't know what that tour would be like. You know it's like. I don't just as you get to look at a big boat and it's it's an instagram tour. Effectively like Selfie and money ever given liana these tours take place like what do you. It's not still stuck. So i believe that the rotterdam i think yeah So it's just a tour of a boat that got stuck in port. I'm not even sure can get on the boat. I don't think you can. I think you literally just can see it from another boat. I can see it online. What me say. But i i also have to shout out a lease in dallas. Who you know if this is a little bit geographically odd but there are pyramids relatively close by that have been around for thousands of years but okay. Let's look at an engineering fail exactly. That's what i'm talking about instead. Engineering marvel okay. What do we have another one liana. That's it that's it that's all she wrote. i'll make guy survived barely. Oh that was. That was an adventure all over the world. I've been down or something like that Okay so that is it for us. Today we will be back next week. With marketplace's andy euler and in the meantime send us your comments your questions and your answer to make smart question which you know is what is something that you thought you knew that you later. You found out. You were wrong. About and again. Siamese reader for ending the question with the preposition. But what is
WNYC 93.9 FM
"euler" Discussed on WNYC 93.9 FM
"W N y c dot org slash car. You're listening to marketplace on W N my C In the seven o'clock hour of all things considered, we'll hear from the Cuba bureau chief of the News agency about the fallout from last weekend's anti government protests across the island. We'll have that story and more in the seven o'clock hour of all things considered. Stay tuned. This is marketplace. I'm car raised. All right, So let's do energy here for a minute, about which two things number one. Crude oil closed up about a percent and a half today over $75 a barrel. So that but also a new report from the Clean Energy Futures Project, which is a collaboration between Harvard and Syracuse and Georgia Tech, which says a transition to 80% clean electricity in this economy by the end of the decade. Would cost $342 billion.80 percent clean $342 billion end of the decade. That's a lot, but the net economic benefit, the report says, would come to something like $1.4 trillion Seems like a no brainer to get going on that transition like now, right? Marketplaces Andy Euler is on the yo desk today. With drought and wildfires in the west, tropical storms and floods in the Northeast. People have never been more aware of the need for action on climate change. Even so, says Cathy Fallon Lambert at Harvard, a lead author of the study. Many Americans feel the problem is just too big for individual action to make much difference. And in some ways that's true. A problem of the scale is exactly the kind of problem that government action isn't it to address. The study looked specifically at the costs and benefits of decarbonization the U. S Electricity Sector. Charles Driscoll is a professor of civil and environmental engineering at Syracuse University, in another lead author of the study. If you're talking about Dick carbonized sing the electricity sector. You're talking about eliminating the dominant source of air pollution in this country, which he says would lead to less asthma, fewer heart attacks and some other health benefits. And Jason border off Co founding dean of the climate School at Columbia University, says from a practical standpoint, There's another good reason to start with electricity. Some things are harder to de carbonized like steel and cement in airplanes. But we know how to do carbonized. Most of not all of electricity, he says. For a long time, people talked about climate change is something in the distant future that affected places far from home like the Arctic things, like the recent heat wave in the Pacific Northwest have helped change the conversation. No longer a question of whether this is a problem. But let's start talking about what we do about it. There may be disagreement ideologically on that and how much you have private market solutions versus government regulation or something else. But let's let's acknowledge we have a real problem. And to solve it, he says the government must incentivize industries to act swiftly in a move away from carbon I mean, do you learn from marketplace? Sometimes in this economy, the pressures to go to college right out of high school. Can get pretty intense pressure from society, maybe or your family to Follow the script just to go along with expectations.
WNYC 93.9 FM
"euler" Discussed on WNYC 93.9 FM
"Along Everybody. Our program begins on this Tuesday with yet another pandemic induced videoconference routine, though they may be by now this one could have ramifications for the entire global economy. OPEC Plus, which is the 13 core members of the cartel and 10 oil producing, but not quite in the club. Yet countries had a tough weekend. Not only could they not come to terms on the aforementioned zoom on higher production targets as demand heats up. They couldn't even agree on when to meet next virtually or otherwise, so that took crude prices to seven year highs at one point today. For closing down a tad bit more than $73. A barrel for the U. S. Benchmark West Texas Intermediate told you all that. So we can tell you this. That $73 in change is way above break even for most U. S oil producers and yet American drillers aren't pumping anywhere near what they were just a couple of years ago. Now I always thought when prices spike like this It was drill baby drill, right? Marketplaces. Wildcatting correspondent Andy Euler sets me straight. Okay, so it turns out there's a lot that's holding American producers back. Ellen R. Wald, president of Trans Verceles Consulting, says first and foremost is the idea of capital discipline. Some of it is definitely due to this emphasis now on paying down debts on return on investment, but also they're seeing a real reluctance among investors. To shell out more money for new drilling, she says. Many institutional investors got burned over the last decade when the attitude and energy was all about growth before prices tanked. That leads to the question. Jesse Thompson at the Federal Reserve Bank of Dallas, says producers are asking themselves before completing more wells is this You know something that we're going to be able to raise investor capital? To do even if the cash is there. There are other factors at play. As to why U. S producers are reluctant oil companies have to consider the regulatory ambitions of the Biden administration, says Antoine, Health founding partner at the energy consultancy Caro's especially says when it comes to the methane that leaks out of oil wells, there's probably a concern among producers that they need to be very careful. Not too but the methane emissions to match and to throw the line in to try to reduce the footprint as much as they can. But come on 75 bucks a barrel, Michael Lynch fellow at the Energy Policy Research Foundation, says. Despite all of these issues, that's still a very tempting number for any oil company. The industry tends to promise capital discipline and slowly drift into irrational exuberance. So If the price stays up long enough, you will see the the financial taps open. Give it a year, Lynch says. And reluctance to drill will be a thing of the past. I'm Andy Euler for Marketplace for high Today in Los.
Marketplace with Kai Ryssdal
Why Black Entrepreneurship Surged During the Pandemic
"Is of course the one year anniversary of the murder of floyd in a year of protests and reckoning there have been signs of hope even during a pandemic that hit black americans particularly hard and closed many black owned businesses new data suggests that people in black communities started new businesses over the last year in cities like new york and atlanta the study from the national bureau of economic research says. Black americans were more likely than white americans to take steps toward entrepreneurship. during the pandemic marketplace's euler has more on. Why so the study found that. After a relief package is passed last year. There was a big surge in registered business formations in the following weeks. Catherine facia teaches business at boston university and helped write the study. She says that's despite the cares. Act not directly infusing. Any money into new businesses are passed not to pat is a lot of start up formation so it was very interesting for us to see that cares out had that ripple of fat another reason for the surgeon. Black entrepreneurship could be the americans. Now have a better understanding of historic inequality or he goes. Mom is an assistant professor of management at columbia university and a co author of the study. There's being clear intends in banks and government to make sure all the financial reports out this year. Which is wachner hurts. And andre perry says that speaks to a bigger lesson to be learned from this study about access to capital. He's a senior fellow at the brookings institution. If you really want to see the economy grow figure out two ways to invest in the under appreciated assets in our community in that happens to be black and brown communities it happens to be black and brown entrepreneurs he says black people represent about fourteen percent of the population in the us but only two percent of all businesses with more than one employee this investment and black businesses. He says shouldn't be a pandemic induced
Newsradio 700 WLW
"euler" Discussed on Newsradio 700 WLW
"So I hear is most Ah, kiss Euler into his wind up in a brings it home and a curve balls in the dirt for ball one. Stock is reinstated from the 10 Day in Jered list. He had been out since April, 20th with until nous un related to covert 19. This three day games before he eventually went on the island. He takes a strike Does move stock is over the inside corner. This is just how you like it. You roll off the injured list and you face pucker up. Euler. That's how you dreaming There's the 11. And move stock is chops, one foul third base side. It doesn't matter how many balls you take it. Batting practice when I got it throws the ball like this kid. I mean, he just 95 Plus with that hammer. One ball to strikes. Dealer back into his wind up with one to pitch on. It's a fastball at 95 up near the neck of a wuss, Takis I should say neck high. It was down the middle of the plate but way upstairs. What to to and moves Takis fouls away. One center cut. I mean, right down the middle. The stock is fouling it off, and the battle of continues to balls and to strikes here on move stock is he was really hitting the ball pretty well. Last nine games hitting 3 10 He had five extra base. It's in that span. Three doubles, the couple of Homer's swing and a miss. He chases a curveball in the dirt down on strikes. Mike moves Takis, so walk Herb Euler strikes out the side. But.
All Things Considered
With the COVID Relief Bill Signed Yellen Turns Focus on Unemployment
"The big relief bill is signed now begins the sales pitch. The president and vice president and various and sundry Cabinet members are traveling or otherwise making the rounds, making their case among them. Treasury Secretary Janet Yellen, which is where we come in. Yellen said on ABC over the weekend that she is hopeful will be back near full employment next year. Back near is the operative phrase there because it had been widely assumed we were at full employment. Before everything fell apart. 3.5%, if you remember was the unemployment rate in February of 2020. So with everything in the past year in this economy What you suppose full employment's gonna look like now and more to the point water policy makers at the Fed and Treasury going to do about it if and when we get there, Marketplaces Mitchell Hartman starts us off. Full employment is a perfect sweet spot for the economy. Thea unemployment rate is as low as it can get, without employers having to bid up wages through the roof to get the workers they need. Everyone who wants a job can get one and inflation doesn't soar out of control, Dean Baker at the Center for Economic and Policy Research, says. In the past, policymakers have often put the brakes on before we got to full employment. But, he says in this recovery from massive pandemic job loss, they seem to be following a more ambitious unemployment script. They really do want to press the economy to see how low we could go. That likely means getting headline unemployment down to 3.5% again. But economist Mark Paul at New College of Florida says policymakers will also try to get other measures of worker to stress and financial hardship. Down. This means looking at unemployment rates for certain groups that have traditionally been stigmatized in the labor market. Such a black workers who tend to experience unemployment rates twice that of white workers. Black unemployment is up 4% in the pandemic. For White Americans. It's up just 2.5% and many more women with kids at home have dropped out of the labor force than men. Now, job creation is accelerating, and it's likely to continue with new government stimulus. Covad cases down and vaccination up Economist Damn north at credit insurer Euler Hermes North America says the economy has a lot of ground to make up. He estimates at least 30% of small businesses have folded. New businesses are going to start up, but it will take a wild probably T O late, 2022 early 2023 to get all the jobs back. And to get back to a full employment economy. I'm Mitchell Hartman for
Marketplace with Kai Ryssdal
What full employment means in a pandemic-ravaged economy
"The bigger relief bill is signed now begins the sales pitch the president and vice president in various and sundry cabinet members are travelling or otherwise making the rounds making their case among them treasury secretary. Janet yellen which is where we come in yellen said on. Abc over the weekend that she is hopeful will be back near full employment. Next year back here is the operative phrase there because it had been widely assumed we were at full employment before everything fell apart three and a half percent. If you're a member of the unemployment rate in february of twenty twenty so with everything in the past year in this economy what are you suppose. Full employment is gonna look like now and more to the point water policy makers at the fed and treasury gonna do about it. If and when we get there marketplace's mitchell hartman starts us off. Full employment is a perfect sweet spot for the economy. The unemployment rate is as low as it can get without employers having to bid up wages through the roof to get the workers. They need everyone who wants a job can get one and inflation doesn't sore out of control dean baker at the center for economic and policy research says in the past policy makers of often put the brakes on before we got two full employment but he says in this recovery from massive pandemic job loss. They seem to be following a more ambitious on employment script. They really do want impress the economy to see how low we could go. That likely means getting headline unemployment. Down to three and a half percent again but economists mark paul at new college of florida. Says policymakers will also try to get other measures of worker to stress and financial hardship down. This means looking at unemployment rates for certain groups that have traditionally been stigmatized in the labor market. Such as black workers who tend to experience isn't rates whites that of white workers. Black unemployment is up four percent in the pandemic for white americans. It's up just two and a half percent and many more women with kids at home have dropped out of the labor force than men now. Job creation is accelerating and it's likely to continue with new stimulus covid cases down and vaccination up economists dam north at credit insurer euler hermes north america says the economy has a lot of ground to make up. He estimates at least thirty percent of small businesses have folded. New businesses are going to start up but it will take wild probably too late. Twenty twenty two early twenty twenty three to get all the jobs back and to get back to a full employment
Marketplace with Kai Ryssdal
The Jobs Numbers: Who's Hiring in America
"Hundred and forty. Five thousand is the number of the day on this thursday. At of course is the number of new applications for state unemployment benefits filed last week astronomically high as i think i've been saying every single thursday for going on a year now. The bureau of labor statistics is going to hit us with the jobs report for the month of february tomorrow. Another snapshot of how this economy is doing as a whole good in parts. Not so good in others. One part of the labor market. That is doing all right. Actually manufacturing marketplace's andy euler going where the jobs are. The john deere engine in tractor museum in waterloo iowa celebrates the history of mechanized agriculture but the museums hosting an event. This weekend. That is very much about the present a job. Fair randy venzke labor relations manager at john deere's waterloo works where they make those big yellow and green tractors the jobs that were currently focusing on our your general assembly. Some well living in some machining jobs. He says the company started its hiring push back in december quickly had over a thousand applicants. And we're able to fill more than two hundred jobs since then you know. The number of applications have really dropped off fact. We've received about hundred hundred ten applications in the past two weeks. He says they're trying to hire about three hundred more people by april problem is there's only about one hundred thirty thousand people in the county in unemployment is currently under four percent across the. Us manufacturing activity is up increasing three year high in february as consumer demand rebounded after the early stages of the pandemic manufacturing's been growing not quite for a year but for the last nine months. David berson is chief economist at nationwide insurance. Because it's been growing has needed workers and they're starting to run out of workers for whom manufacturing jobs or the appropriate physician and jed cocoa chief economist. The job website indeed dot com says. There's a skills mismatch between those hiring. And those seeking employment sectors have laid people off service leisure tourism and the sectors that have done a lot of hiring endemic manufacturing warehouse. Construction do require somewhat different skills and he says those industries that initially lay people off this time last year are starting to hire people back. I may dealer for marketplace a little bit lost in the news. Firehose today was data on fourth quarter worker. Productivity widgets produced for our work to is the very simple formula down four point two percent october through december the biggest drop in forty years. Not great. no but this is a little bit misleading in terms of understanding. What's going on you aren't s. Q is at the university of pennsylvania school of social policy and practice businesses that were not as productive normally just by the nature of the activity such as restaurants and so on have started reopening. So that drags down the average productivity and today's numbers not entirely unexpected. Well that's happening. There is what we call a regression to the mean. Now why are we telling you. This is amount of zilder is at the conference board. It is a basis for future living standards if productivity rises sustainably. That means that down the line Wages are going to be increasing on a more steady stable basis and so from the history matters filed this bit of context. Productivity growth was really sluggish after the great recession wage growth back then also super sluggish as well
All Things Considered
Oldest Texas Electricity Co-Op Goes Bust After $2 Billion Bill
"11 bankruptcy protection today. Citing they said a nearly $2 billion bill from the state's electricity grid operator following the storm. Marketplaces and you'll reports. Those things can happen when you let the market dictate prices on a grid that's not connected to the rest of the country. Raza's Electric is a cooperative that pays the grid operator to get electricity to hundreds of thousands of Texans. The grid operator is called ERCOT there like a toll road for the electricity system. Costas America teaches environmental engineering at Carnegie Mellon, he says in the February deep freeze, brasses Electric ran up bills many times higher than they normally be. The prices are allowed through the Texas Electricity system to rise when demand is really high, and supply is low. That's kind of the theory of all this the theory behind the largely deregulated market, a system that many are now questioning. David Spence teaches energy law of the University of Texas, he says. In fairness, I don't know that anyone ever anticipated an event like this when they were designing that system. Now, this seems like a black swan event in that sense, But a similar event did hit Texas 10 years ago, and lawmakers decided not to winterize Emily Groubert and George Attack says there's an opportunity again to rethink infrastructure more generally. I think we need to be really, really thoughtful about when it is actually logical to spend a little bit more money here to make sure that these systems actually do what we want them to do for the next several decades. Brasses Electric said before the freeze, it was financially robust. Its bankruptcy family could be an ominous sign. As other Texas power providers success the storm's damage in Austin, I made a Euler for marketplace.
Marketplace with Kai Ryssdal
United Airlines tumbles after posting another big loss, warning about weak demand
"United airlines has reported a fourth-quarter loss. Almost two billion dollars more than seven billion dollars in the red for the full year. You're looking for uncertainty in this economy. Airlines are pretty much the case study marketplace's into euler is on the aviation desk today. United said it expects total operating revenue in the first quarter of this year to be down. Sixty five to seventy percent from the same time two years ago which means the airline has to make a number of short term decisions right now to stay afloat industry consultant. Michael boyd says united's trying to be as nimble as it can but with airlines. That means they're moving the transfer of the titanic a little quicker than somebody else. He says the biggest challenge for the whole industry is to cut losses. Quickly the idea dave. We'll try something but if it doesn't work we get the hell out and try something different. Nobody really knows when demand for flights will return to what it was before the pandemic or if it ever will. Some are hopeful will return to two thousand nineteen levels later this year. Other say twenty twenty three or twenty. Twenty four is more
The KFBK Morning News
Newsom Rolls Back Reopening in California
"Governor Newsome has rolled back all county re openings because of the surge of covert 19 cases this morning. Some local lawmakers are calling for businesses to defy the governor's orders and remain open. KFBK sneaky McGahee's has more businesses in the sacramental region are once again facing the toughest restrictions in the tier system. Yuba City Assemblyman James Gallagher says small businesses, schools and churches should stay open. Call echoes a similar message. And plus or county county supervisor Kirk Euler says businesses don't have to worry about the new rule changes being enforced under the purple tier restaurants, gyms and places of worship. Can't operate
Marketplace with Kai Ryssdal
Coronavirus cases go up, the market goes down
"Yet things up it's pretty simple. Virus cases are way way higher in way more places. There is no relief package coming probably February at the earliest if at all, if everybody is honest with themselves. And that's it that all spills over into the real economy which the stock market is not thank you very much but it does reflect and so you get a cratering day on Wall Street today all three major indices off three three and a half percent all sectors got clobbered including the reason commercial aviation. We mentioned that because Boeing reported a quarterly loss of four hundred and sixty, six, million dollars this morning planes just aren't selling right now company also said it's GonNa lay off and other seven thousand people. So marketplaces and Euler gets his going with a story about a company that is a big factor in that real economy I was talking about. Boeing said today expects to end next year with around one hundred, thirty, thousand employees. It started twenty twenty with a workforce of one, hundred, sixty, thousand. Richard Otto Lafi as an aviation analyst at -Til Group historically, Boeing's been the world single biggest planemaker and the biggest single exporting manufacturer in the US. So it really isn't needle mover in terms of the broader economy and Sorta like Ge. Boeing has worked to diversify Boeing has a lot of commercial military defense software and engineering programs. It's not just building the. Big Seven, forty, seven jets of old. That's Arthur Wheaton at Cornell University. It's a pretty big corporation and has a huge impact on supply chains. He says there's a vast array of subcontractors in the US and worldwide that produce four and with Boeing. So in demand for Boeing products declines, it's felt by many of Boeing seventeen, thousand suppliers like those who make. Jet Engines and parts for wings keeping my you know these are not just people that are turning wrench. Michael Boyd is an aviation industry consultant in Evergreen Colorado. So it's not like just getting rid of couple of mechanics you're getting rid of some highly trained people that you're going to have to get back eventually when people eventually returned to flying but Richard. APPALACHIA te'o groups as his fear is that manufacturing will soon start feeling the pain of the pandemic like retail and hospitality already have and I think unfortunately, we're bound to see additional production cuts in job losses in the commercial aerospace industry along with other similar losses and other parts of the economy because as the biggest companies go so goes the American economy. I mean dealer for
Marketplace with Kai Ryssdal
Delaying COVID-19 relief could do lasting damage
"We are not going to hazard a guess here about what is going to happen with negotiations on an economic relief bill the negotiations that the president shutdown yesterday afternoon, and then tried to restart piecemeal. Last night what we are going to do is deal the facts as we have them now, which is that there are no negotiations and as far as anybody knows, there is no help coming for this economy till after the election and maybe longer. So that being case two stories today on that topic, and then a political insight marketplace's Mitchell Hartman gets going with story number one the. Big Picture. Back, in March Washington sent three trillion dollars coursing through the economy's veins. One of the biggest infusions was six hundred dollars a week in extra unemployment payments to more than twenty million jobless Americans that expired midsummer and George Washington University economist J Shamba says the amount of cash going out to laid off workers cratered it fell from one hundred, ten, July two, thirty, four, million dollars in September. So there's this massive drop off to the economy and also to the most vulnerable households those twelve hundred dollar relief checks from the spring have been spent with most of the federal pandemic relief now gone. Slowing retail sales and personal spending Joseph Bruce. RSM Consulting says. A quarter of small businesses have closed. He predicts without more federal support including lending to small businesses more will fail and state and local governments won't be able to keep teachers and other essential workers on the payroll says Michael. `grats. At Columbia Law School. The loss of civil service jobs will disproportionately affect minority because they've been hired into those jobs. Bottom Line says Dan North at credit insurer, Euler Hermes, North America. Okay. Let's say we don't have a stimulus package. The economy gets pretty severely damaged in the short term probably for five years to get back on. The burden falling to families that are running out of time and money says Columbia's Michael `grats people are facing eviction. Difficulty paying for food and lodging. This is a desperate situation. One that the chaos in Washington isn't making any
Marketplace with Kai Ryssdal
Airlines Are Asking for a Second Bailout. Congress Should Say No.
"We begin today with airlines their CEO's and union leaders are begging Congress for an extension to the twenty five, billion dollar industry bailout that was part of the cares act travel demand isn't returning fast enough, and now the industry is warning of a massive wave of layoffs if lawmakers extend funding before October first, but Congress is fighting and. Preoccupied. So where does that leave the airlines and their employees marketplace's Andy Euler reports according to the Trade Group Airlines for America passenger volume is off about sixty five percent from a year ago and airlines are collectively burning through five billion dollars. Each month CEO Nick Kelly says airlines are asking for six months federal help because hopefully by then we will be over the Hump and we will start to have a pickup and travel by next spring. The conditions of the previous bailout protected workers until October First Kalua warns that up to one hundred, thousand airline employees could soon join the ranks of the unemployed and Robert W man, a former airline executive and industry consultant says a second bailout would help the US economy recover faster when the pandemic Wayne's if the industry were to fall into disrepair if it were to fall into. Destructive restructuring during the pandemic, the question would be, what would you have around to help your on the other side? When exactly we get to the other side of the pandemic it's still murky and Federal Nikkei Day Rusia George Mason University says, another twenty five billion dollars is not going to solve the problem. This is justice coning the inevitable as long as the demand doesn't go back up. This is just basically a band-aid patch. She says bankruptcy would be the best option airlines have shown that they can emerge from restructuring healthier, and she says that needs troubled airlines don't pose a major risk to the economy at large. I made Euler
Rush Limbaugh
U.S. carries out the first federal execution in 17 years
"UConn native executed at a federal prison in Indiana this morning for killing three members of an Arkansas family in 1996. Jackal and Scott reports 47 year old Daniel Lewis. Lee's execution is the first federal execution in nearly two decades. He carried his denial even into the execution chamber, admitting he made a lot of mistakes, but saying he was Not a murderer. His last words, you're killing an innocent man. These execution has been scheduled for yesterday afternoon. But AH, court order stopped Deborah Leigh. The US Supreme Court yesterday ordered the execution to take place. These victims were gun dealer William Euler, his wife, Nancy, and her eight year old daughter, Sarah