35 Burst results for "Jeff Bellinger"
Bloomberg Radio New York
"jeff bellinger" Discussed on Bloomberg Radio New York
"Changes will make AI a necessity for many industries, not just restaurants. It's every facet of commerce, whether it be restaurants, whether it be hospitals, whether we doctors offices, retail stores, we just don't have the workforce. Jeff Bellinger, Bloomberg radio. And I'm Leslie lano and the Bloomberg newsroom. Here are some of the stories we are watching. One of House speaker Kevin McCarthy's negotiator says there are still thorny issues in the negotiations between House Republicans and The White House to avert a catastrophic U.S. default. Congressman Patrick mchenry says it'll be hours or days until they come to an agreement, but there's a very short list he says of differences that remain. Negotiators worked into the night last night to try to resolve their issues before the threat of a default which treasury secretary Janet Yellen now says could happen on June 5th. Stocks and tech shares getting a boost at Citigroup, Bloomberg's Karen Moscow reports. Citigroup strategists raised U.S. stocks to neutral and tech shares to overweight on the expected boost from artificial intelligence, the expected end of the Federal Reserve's right hikes and resilient American economic growth compared to China in Europe. Strategists write that U.S. equities are being powered by the bet on AI because of high exposure to tech mega caps. They say this theme will help the U.S. outperform other stock markets once the fed completes its tightening cycle. Karen Moscow, Bloomberg radio, interest rates could go up again as we get more disappointing inflation news. The fed's preferred inflation gauge was up a faster than expected .4% in April. Some analysts said that they were going in the wrong direction. Officials have raised the rates by 5 percentage points over the last 14 months to curb inflation, running more than double their 2% target. The fed chair Jerome Powell said policymakers should watch the data and evolving outlook. As concerns grow over increasingly powerful artificial intelligence systems, the nation's financial watchdog says it's paying
WTOP
"jeff bellinger" Discussed on WTOP
"Everyone. Here's Jeff Bellinger. This is a Bloomberg money minute. Let the reader beware when it comes to what is found on the Internet. Dozens of content farms have popped up, they are generated by artificial intelligence chatbots. Sometimes the output is riddled with inaccuracies. Bloomberg news technology reporter Davy albus says that's because there are no fact checkers. In the end, you have a bunch of remixed and you could maybe even say plagiarized content. Sites reviewed by Bloomberg news ran the gamut some purported to be news sites, others featured celebrity news or sponsored articles. None of them disclosed they were populated by AI. The goal of most site operators is not to spread disinformation but to make money on click advertising as people check them out, they may have some entertainment value, but not all of the content can be trusted. It's not the kind of journalistic rigor. We are used to seeing on news websites. From the Bloomberg newsroom, I'm Jeff Bellinger on WTO. 7 42 trolls ewald was fired from his job in February of 2022. The former Montgomery county school of public transportation worker pleading guilty Thursday, though, to felony theft, stole more than a $100,000 using a county issued credit card. He faces up to 20 years in prison when he is sentenced in September. The fire could be seen, burning across the district for miles, burning on an apartment rooftop in Adams Morgan. Now dozens need to find a new place to live for now. The condo buildings wouldn't roof top deck went up in flames at around 8 30 last night. Cruised rushed here to the building on Adams mill road near Lanier placing the Adams Morgan neighborhood of D.C. and contained the fire, did not spread to any of the 5 floors below
WTOP
"jeff bellinger" Discussed on WTOP
"Fall into the 40s. Tomorrow looking probably to mostly sunny with temperatures in the 60s. I'm 7 news meteorologist smart Pena, and the first alert weather center. Columbia barrel at 59° chantilly Virginia 57 downtown in D.C. 59 at Penn quarter at 1140. Money news at ten and 40 past the hour brought to you by pen fed great rates for everyone nears Jeff Bellinger. This is a Bloomberg money minute. It is earth day and the regenerative agriculture startup regrow is focused on the climate crisis. Agriculture, unfortunately, has something to do with it, as opposed to being an industry that can heal the planet. That seems very odd. Anastasia volkova is the CEO of regrow. Agriculture contributes about a quarter of all greenhouse gases. Vulcan says her company is working with farmers and business partners to break a vicious cycle of agriculture contributing to emissions that may climate more volatile, which makes agriculture more uncertain. She says regrow provides information on how farming is taking from or giving to the environment. Kellogg and Walmart have worked with regrow. Kellogg brought sustainable rice products such as their special case and crispies to the Walmart shelf through investing on farm into emissions reduction and they were able to tell the story to consumer so that mom will be in Walmart this weekend, picking something nice can feel good about that purchase decision is good for the planet. From the Bloomberg newsroom, I'm Jeff Bellinger on WTO. It's 1141. They thought the government for 5 years, 5 years and $5 million later, the family of bijan gazar has settled with the U.S. government at his wrongful death. The McLean man was shot and killed by U.S. park police along the George Washington memorial Parkway in 2017. Kelly and James gay star and their daughter have agreed to a $5 million settlement with the U.S. government and the November 2017 shooting. After another driver rear ended by Jean gay star on the GW Parkway that night and he did not stop to exchange information, U.S. park police officers Alejandro Amaya and Lucas vineyard chased him up the Parkway and after trying to stomp him multiple times, the chase ended with vineyard and Amaya firing ten shots at the unarmed 25 year old accountant who later died. Since then, his family has been seeking justice, and after federal prosecutors declined to charge the officers and an attempt by fairfax county state's attorney to charge them, was eventually blocked by attorney general Jason via us, this civil suit was the last path forward, Meghan clarity, WTO P news. Ohio's two U.S. senators are pushing a new rail safety Bill. It comes in the wake of a toxic train derailment in their state two months ago. Supporters of the bill written by democratic senator sherrod brown and Republican senator JD Vance say the measure could be voted out of committee within a month. It would tighten requirements for moving hazardous materials on freight trains, as well as a long list of other safety concerns. Brittany colder is with the national league of cities. The number of communities where rail is in your backyard, cutting through your community, truly makes this an issue that touches every state. Norfolk Southern and other railroads have resisted requirements to staff trains with at least two crew members saying it would not alone prevent accidents. The bill written by the two senators would require that. Dan Ronan, WTO P news, just ahead on WTO this Saturday night, a Waldorf man hits a nifty lottery jackpot. For him, that sort of thing is old hat. It's 1143. High
Bloomberg Radio New York
"jeff bellinger" Discussed on Bloomberg Radio New York
"Online advertising revenue this year. Live in New York, I'm Steve rappaport, Bloomberg, daybreak. All right, Steve, thank you while staying in Washington now, U.S. China relations are in focus today. The Biden administration has confronted Beijing with evidence that suggests ties to Russia and support for Russia's war effort in Ukraine. Details now from Bloomberg's Amy Morris and our 99 one newsroom in Washington. Sources tell Bloomberg news that the U.S. suspects some Chinese state owned companies may be providing assistance for Russia's war effort in Ukraine. The administration is reviewing the evidence it's accumulated to determine its significance, no word on what that evidence is, if the Biden administration finds that Chinese companies are supporting the invasion and that China's government knew about it or somehow involved, they would be forced to decide how much to push back, and that could risk opening a whole new area of dispute with China. In Washington, I'm Amy Morris, Bloomberg daybreak. Thank you, Amy. Let's turn back to these markets. Now where we continue to see a bullish start to 2023, the NASDAQ 100s coming off its best two day run since November. It gained 2% yesterday, and the S&P 500 is up 12% from its October low. Still, Mike lists senior portfolio manager at American century investments says it is a confusing time for investors. You've got lots of positives, like a strong job market, consumers still spending China's opening and inflation is slowing. But the negatives are rates may have to stay elevated for a while. Housing is a drag, miser contracting. And you have elevated geo political concerns. So it is very confusing out there. Lots of cross currents. All right, now Mike list with American century investments like banks. He says he is overweight in the sector. Well, Nathan corporate earnings could be a determining factor to whether this rally has legs. And this afternoon, we hear from tech heavyweight Microsoft and Bloomberg's Jeff Bellinger has a preview. Bloomberg intelligence says the software giant's quarterly results could reflect continued pressure on Windows and cloud products, windows demand may have softened because of weaker PC sales and the rate of growth for products from Azure to dynamics 360 five, likely slowed. But with Microsoft and other technology companies that have yet to report, investors will be all ears when executives talk about the outlook. Guidance from the sector could offer clues to how long the pressure on earnings might last. Jeff Bellinger, Bloomberg daybreak. Okay, Jeff, thanks. We're seeing more job cuts across corporate America this morning. We get the latest on that live with Bloomberg's Dan schwarzman. Good morning, Dan. Good morning, Nathan and Karen Bloomberg news learning that Gemini the firm led by the winklevoss twins will lay off 10% of its staff. It's the third round of job cuts for the cryptocurrency exchange dating back to June. Gemini trust has been unable to pay out funds to some of its account holders due to the bankruptcy of genesis global capital who is set to owe around $900 million to clients. Meantime, the auto industry also seeing job losses Ford Motor Company will be laying off 3200 workers across Europe, mostly in Germany. It wants to cut costs to pour more money into Chung
Bloomberg Radio New York
"jeff bellinger" Discussed on Bloomberg Radio New York
"Christmas card. Jeff Bellinger, Bloomberg radio. Wake up and text text and eat. Text and catch the bus. Text and miss your stop. Text and be late to work. Sorry. Text and work. Text and pretend to work. Text and act surprised when someone calls you out for not working. Who me? Text and meet up with a friend you haven't seen in forever. Hi. Oh, hey. Text and complain that they're on their phone the whole time. Text and listen to them complain that you're on your phone the whole time. Ugh Text in whatever. But when you get behind the wheel, give your phone to a passenger. Put it in the glove box. Just don't text and drive. Visit stop texts, stop Rex dot org. A public service announcement brought to you by the national highway traffic safety administration and the ad council. This is a Bloomberg money minute, zoom slack teams, Google calendar, just a handful of the seemingly endless array of software tools that have taken over the workplace. I think this is something like many workplace trends. It was kind of happening before the pandemic, but then the pandemic sort of poured lighter fluid on it. Senior reporter Matthew Boyle writes for Bloomberg's work shift team. We needed apps to do employee surveys to get a handle on what people were thinking and were they burnt out from COVID and then apps extended to doing reviews and recognition programs. So they just sort of multiplied. The cloud software company okta found that companies deployed 89 different apps on average last year, up from 58 back in 2015, but instead of improving efficiency, the constant toggling between apps is a productivity killer. It really costs you time and focus and energy and it does contribute to the burnout and the broader trends like we've seen like the great resignation. Gino survey Bloomberg radio. Some bonds last a lifetime. Some bonds inspire confidence, and some you grow to rely on. These are the bonds worth investing
Bloomberg Radio New York
"jeff bellinger" Discussed on Bloomberg Radio New York
"Is the Bloomberg green report. Cities around the world are really focusing on getting greener, local leaders are accepting that they must plant trees build flood absorbent parks and expand car free streets in order to remain livable as the climate changes. That's the good news. But a Barcelona based researcher writing in the journal nature argues there are unintended consequences. She says that in city after city, new green infrastructure is brought real estate speculation rising housing costs and community displacement in the majority of American and European cities waves of green infrastructure investment led to gentrification within about a decade. Other researchers are divided about the impact of green, gentrification, and in some cases they even doubt its existence, they question whether small investments and bike lanes and trees sent signals to developers and property owners that areas had become more valuable. Jeff Bellinger, Bloomberg radio. What is dedication? The thing that drives me every day is a day, is very honest. We call them day to day for short. Every day he's hungry for something, whether it's attention, affection, knowledge. And there's this huge responsibility and making sure that when he's no longer under my wing, that he's a good person. I think the advice I would give is you don't need to know all the answers. The craziest thing was believing that your dad knew everything. So as a dad, you felt like you had to know everything and you had to get everything right. It's okay to make mistakes. As long as it's coming from love, then, you know, it kind of starts to work itself out. I want him to be able to sit back one day and go. We work together. We did a good job. That's dedication. Find out more at fatherhood dot gov. Brought to you by the U.S. Department
Bloomberg Radio New York
"jeff bellinger" Discussed on Bloomberg Radio New York
"Is at the threshold where price levels will no longer be acceptable to developers. That could derail projects and slow the adoption of clean energy. It's a supply and demand issue China and other nations boosted clean energy installations to meet climate goals that boosted demand for polysilicon, supplies were interrupted by a fire at one factory and maintenance related shutdowns at others, and analysts at Bloomberg Neff's as some relief may come later this quarter. Jeff Bellinger, Bloomberg radio, and JIT, New Jersey institute of technology makes innovation happen. The university helped biomedical engineering professor Tara Alvarez launch a startup that may revolutionize vision therapy. Our startup through in JT is called ocular motor technology. We create virtual reality, vision therapy, in a head mounted display. So it's gaming and basically sugarcoating the therapy so that children and young adolescents don't even realize they're doing therapy. To accomplish this, we need biomedical engineers, which are here in on GIT campus, a computer scientist, artists, people that are into story development, and then we are collaborating with a lot of the large pediatric medical centers. This idea of a startup culture is extremely important to not just nj and the national science foundation, but also to the U.S. as a societal hole. And JIT, New Jersey institute of technology, learn more at nj IT dot EDU. Breaking views that completes your market day. Want to talk about the chip stocks because we did see them moving in a big way. And compelling stories that make your
Bloomberg Radio New York
"jeff bellinger" Discussed on Bloomberg Radio New York
"Are three Supreme Court Justices who are there as a result of an election. That can 2016. Let that be a message to voters everywhere. New York governor Kathy hochul there. I mean, time New York City council pushing to expand sensitive locations where guns can be banned after that other Supreme Court ruling on guns earlier this week that got so much tension. More on that from Bloomberg's Jeff Bellinger. The council once state lawmakers to increase the number of sensitive locations in response to the Supreme Court ruling that struck down a century old state law limiting handgun permits. The post says council speaker Adrian Adams wants albanese to ban guns in all government buildings, schools, hospitals, parks, day cares, cemeteries, and then create a buffer around those places where guns would also be banned. Population density could also potentially be another criteria for banning handguns in what could end up being most of the city. Thank you, Jeff. San Francisco fed president Mary Daly calling for another 75 basis point rate hike from the fed next month. But David dietz managing principle in senior portfolio strategist at pipe private wealth management says rates are already coming up sufficiently. The bond market has done a lot of the work for the Federal Reserve already. And the fed's open market committee is scheduled to meet again at the end of July. Global news 24 hours a day on air and un Bloomberg quicktake powered by more than 2700 journalists and analysts in more than a 120 countries. In the news reminded these Pellegrini, this is Bloomberg. This is masters in business with Barry riddles on Bloomberg radio. I'm Barry Ruth, you're listening to masters in business on Bloomberg radio, my extra special guest this week is Jonathan Miller. He is the CEO and cofounder of Miller Samuel, a real estate appraisal and consulting firm he first founded in 1986, his data and analytics powers many of the largest brokerage firms reporting and information about the state of the housing market, he is our returning champion. I think you and Scott Galloway are tied for the most masters in business appearances. Jonathan Miller welcome back to Bloomberg. Great to be here, Barry. Thanks. So let's just talk a little bit about your background. You cofound Miller Samuel in 1986. What led you to the appraisal real estate and consulting business way back then? Well, initially, I worked for a management company that was bought by Marriott back in the mid 80s and I said, well, what am I going to do with myself? And I got my real estate license and I became a real estate agent in Chicago and was more on the analytics side sort of the bean counter type. And then I moved to New York, eventually became a sales director on a new condominium building and saw these appraisers coming in without really data. There was no multiple listing system in Manhattan and I eventually got together with my family and we started our firm Miller Samuel in 86 and it covers the New York City metro area and then starting in 1994 I started offering market studies for the real estate company Douglas Solomon basically follow their footprints. I'm covering about 40 different housing markets in the U.S. right now. And that's really fun. And then it sort of marked and I teach market analysis at Columbia for their grad students. It's just been this sort of progression of, but everything related to housing and real estate trends. Well, I love that you are one of the number crunchers who dive into the data and come up with analytics to really teach us about what's going on in the marketplace. And so I have to start with that question. What are you seeing these days in the real estate markets you cover are prices and volume still going up? What's going on in real estate? Well, I think of it as with affordability dropping literally by half since the end of December. The market is going through a pause where there is a tremendous callback in demand. And this is a significant jump in rate. So you have this pullback and what that's done initially is new sign contract volume is down across all the markets we cover. And actually, that's been occurring for the last couple of months. This is the slowdown now has accelerated, but really we started to see contract activity slow down at the end of March, beginning of April. Initially, it was because inventory had collapsed and was keeping sales from occurring because there was no product, but it's really completely morphed into an affordability issue because nationally, depending on the metrics you follow, we're looking at a 20% increase in housing prices plus rates doubling. What else could happen to slow down? And I think what people generally have wrong with the market cooldown is initially when you have an external event like rates spiking, you have sales activity slow immediately and you have inventory rise immediately, albeit from an unusually low place and I'll expand on that. But the third step that I think most people get wrong is they expect prices to immediately fall. And there's really a one or two year period that it takes sellers to capitulate to market conditions, although I do think that they'll capitulate faster in this condition than in the past, but buyers are in already that's their hesitation. And then you throw in a war high inflation, you have all these uncertainties and everybody just, I mean, it's one of the biggest enemies of the housing market is uncertainty and we certainly have a basket full of that right now. You know, I have a very vivid recollection at like cocktail parties and barbecues in 2010, 2009, even people saying, why can't I get X from my house the same house down the street sold for X and it's not as nice as mine and that was sold in 2006. And my answer is always, well, you could get that money first you need a time machine, go back to 2006. You could get, that's what the market was. And I watched what's amazing, especially about all the online services today
Bloomberg Radio New York
"jeff bellinger" Discussed on Bloomberg Radio New York
"This is the Bloomberg green report, a plant based diet may be good for you, but it may not be as good for the environment as you thought. Many climate conscious cooks have embraced vegetarian eating as a way to avoid the emissions heavy meat industry, but new research suggests low carbon eating isn't quite that simple. A study published in the journal nature food found that the global transportation of food produces up to 7 and a half times more greenhouse gas emissions than previously estimated. International trade and fruits and vegetables produces nearly as much emissions as growing them, shipping plant based foods is especially carbon intensive because of their bulk and the need for refrigeration during transport. The study's lead author says greener eating means not only eating more plants, but eating more plants that are grown locally and eating them in season, buying produce at farmer's markets is one way to accomplish this. Jeff Bellinger, Bloomberg radio. Not completing high school is more of a social thing than it was in academic thing. I came out in the 11th grade. Nobody was embracing you. The kids were cruel. It was very difficult to be gay. Even though all these years have passed, I still had that longing to have my diploma. The hard part was determining that I was gonna do it. But I definitely didn't do it alone. At age 30, with the help of her mentor, Carissa finished her high school diploma. I have a mentor, Maria. She convinced me to continue my education and finish what I started to get my diploma. Just never judges. She's a true role model. If you're even considering getting your high school diploma, go
Bloomberg Radio New York
"jeff bellinger" Discussed on Bloomberg Radio New York
"Electricity is produced by a subsea turbine It is a giant machine that looks something like an airplane It has two counter rotating turbine fans on wings and a central fuselage that houses the generating equipment The machine is designed to be anchored to the sea floor In commercial production the plan is to locate the turbines and a current that runs along Japan's eastern coast and transfer the power through seabed cables Ocean currents are stable with little fluctuation in speed and direction and undersea turbines can produce power 50 to 70% of the time compared to about 29% for onshore wind and 15% for solar The downside is the complexity of installing the systems underwater Jeff Bellinger Bloomberg radio What is dedication The thing that drives me every day is a day is very we call them day to day for short Every day he's hungry for something whether it's attention affection knowledge and there's this huge responsibility and making sure that when he's no longer under my wing that he's a good person I think the advice I would give is you don't need to know all the answers The craziest thing was believing that your dad knew everything so as a dad you felt like you had to know everything You had to get everything right It's okay to make mistakes As long as it's coming from love then you know it kind of starts to work itself out I want him to be able to sit.
Bloomberg Radio New York
"jeff bellinger" Discussed on Bloomberg Radio New York
"Developers have been hit by the current soaring inflation The cost of building an onshore wind farm in the U.S. has jumped as much as 14% since 2020 shipping and steel prices of more than triple some developers are delaying projects and hopes that prices will come back down and Bloomberg Neff says prices may ease but not until at least next year Turbine makers have had to raise prices and manufacturers have started indexing turbine prices to commodity shipping and labor costs to shift more risk to customers Developers have had to decide whether to sign contracts at current elevated prices or delay projects until cost show signs of easing Bloomberg Neff expects the cost spike to be temporary with costs currently around $1.67 million per megawatt declining to around one and a quarter $1 million per megawatt for projects financed in 2030 Jeff Bellinger Bloomberg radio What is dedication The thing that drives me every day is a dad is very honest We call him day to day for short Every day he's hungry for something whether it's attention affection knowledge and there's this huge responsibility and making sure that when he's no longer under my wing that he's a good person I think the advice I would give is you don't need to know all the answers The craziest thing was believing that your dad knew everything So as a dad you felt like you had to know everything You had to get everything right It's okay to make mistakes As long as it's coming from love then you know it kind of starts to work itself out I want him to be able to.
Bloomberg Radio New York
"jeff bellinger" Discussed on Bloomberg Radio New York
"Group called the B team and business for nature takes governments to task for so called environmentally harmful subsidies The report says governments around the world provide at least $1.8 trillion to industries led by fossil fuels agriculture and water companies and the money is contributing to climate change species extinction and the destruction of ecosystems and creating competitive barriers to environmental improvements Christiana figueres is a B team member and the former executive secretary of the UN framework convention of climate change she calls for governments to redirect harmful subsidies toward protecting the climate in nature The World Economic Forum has said that more than half of the world's total gross domestic product involves activities that are moderately or highly dependent on nature and figueras says the destruction of nature poses significant risks for societies and economies Jeff Bellinger Bloomberg radio And JIT makes innovation happen It also makes entrepreneurs like Anya o'dwyer founder of innovate a tech driven civil engineering and construction management firm Anya says and JIT is defining the future And here I tease extremely important as a hub of disciplines all in one space with all of these brilliant minds NGOs rolled is huge when it comes to defining the future and power from an interdisciplinary point of view They have it all there whether it's the innovation hub the makerspace and it is already creating bash collaboration between the disciplines and you have civil engineers speaking to programmers speaking to electrical engineers And together they're creating advancements that we wouldn't have been able to do without those three minds coming together and solving a problem.
Bloomberg Radio New York
"jeff bellinger" Discussed on Bloomberg Radio New York
"This is the Bloomberg green business report Over nearly two decades more than 9 and a half million shopaholics around the world have discovered a global network that lets them shop in a more climate friendly way Free cycle is a website founded in Arizona by Darren Beale It works like an online auction members can post items they no longer want or need but no money changes hands People give the unwanted items to other members who live nearby Be less estimates about 1000 tons of goods change hands via free cycle each day he says that's roughly equivalent to the amount of trash that ends up daily in a mid sized landfill It's minuscule but it's a way for individuals to make a difference Beals next venture could be to expand free cycle so people can loan items instead of giving them away He says for instance that a drill may get used for just 15 minutes of its lifetime so it would make more sense for households to share a drill than for each household to buy its own Jeff Bellinger Bloomberg radio JIT makes innovation happen It also makes entrepreneurs like Anya o'dwyer Founder of enervate a tech driven civil engineering and construction management firm Anya says and JIT is defining the future Enjoy tease extremely important as a hub of disciplines all in one space with all of these brilliant minds And GoT's role is huge when it comes to defining the future and power from an interdisciplinary point of view They have it all there whether it's the innovation hub the makerspace And JIT is already creating that collaboration between the disciplines and you have civil engineers speaking to programmers speaking to electrical engineers And together they're creating advancements that we wouldn't have been able to do without those three minds coming together and solving a problem as one rather than solving it in isolation And JIT New Jersey institute of technology Learn more at ngt EDU Burden LLP accountants and advisers presents industry chat with Jack pulver and partner and leader of burden's hospitality practice The impact the pandemic has had on the hospitality industry is proving to be long-lasting making it essential.
Bloomberg Radio New York
"jeff bellinger" Discussed on Bloomberg Radio New York
"Just waiting to get the green light When restrictions go down people start traveling So I'm hopeful for the future Glenn fogel says confusing international rules are a problem What are the rules which country what do you have to do What are you allowed to do or not And the same thing is I suspect most really is an impacting the rate of virus infections Football says his own experience had a hotel that was hit by staff shortages show that people are understanding Nobody said well I'll leave in the hotel Yes service is a little bit longer than the dying area but people are okay with that People want to travel They're going to travel and it will be sufficient supply to be able to make it happen And the safer people feel the more likely they will be to travel We're just helping so much that people would continue to get those vaccines That's the thing that's going to most move the dial in terms of making travel come back Jeff Bellinger Bloomberg radio What is dedication The thing that drives me every day is a dad is Ariana We call him odd day for short Every day he's hungry for something Whether it's attention affection knowledge And there's this huge responsibility in making sure that when he's no longer under my wing that he's a good person I think the advice I would give is you don't need to know all the answers The craziest thing was believing that your dad knew everything So as a dad you felt like you had to know everything You had to get everything right It's okay to make mistakes As long as it's coming from love then you know it kind of starts to work itself out I want him to be able to sit.
Bloomberg Radio New York
"jeff bellinger" Discussed on Bloomberg Radio New York
"A major component of the climate diet is reducing consumption of animal based foods especially beef which is associated with high levels of methane emissions even replacing beef with chicken can cut your carbon footprint in half also shopping locally can ease one's impact on the environment The doctor stresses moderation just eliminating meat a few times a week or reading a climate friendly breakfast can be beneficial many of the foods that experts say should be part of our daily diets are also environmentally friendly These include lentils and beans seasonal fruits and vegetables whole grains nuts and seeds Jeff Bellinger Bloomberg radio And JIT New Jersey institute of technology makes innovation happen The university helped biomedical engineering professor Terra Alvarez launch a startup that may revolutionize vision therapy Our startup through and JIT is called ocular motor technology We create virtual reality vision therapy in a head mounted display so it's gaming and basically sugar coating the therapy so that children and young adolescents don't even realize they're doing therapy To accomplish this we need biomedical engineers which are here on JIT campus of computer scientists artists people that are into story development and then we are collaborating with a lot of the large pediatric medical centers This idea of a startup culture is extremely important to not just MJ IT and the national science foundation but also to the U.S..
Bloomberg Radio New York
"jeff bellinger" Discussed on Bloomberg Radio New York
"Is a huge ick factor that would have to be overcome but there is growing interest among big food producers and environmentalists in foamy made from insects Advocates say there are more than 2000 species of edible insects and they have a lower carbon footprint and require less land than livestock and less space than many grains advocates know they'll get just one shot if they can convince people to taste insect based meat but they say insects are one of the easiest things to make delicious because they take on the flavor of whatever they're fed They say various breeds have different characteristics that make them work as food sources meal worms for instance are clean and odorless and their rich in minerals and vitamins crickets and grasshoppers are loaded with protein A number of companies have already started making insect based food for animals and a senior rabobank analyst says there is huge demand for insects in the premium pet food category Jeff Bellinger Bloomberg radio What is dedication The thing that drives me every day is a dad is very honest We call him odd day for short Every day he's hungry for something Whether it's attention affection knowledge And there's this huge responsibility in making sure that when he's no longer under my wing that he's a good person I think the advice I would give is you don't need to know all the answers The craziest thing was believing that your dad knew everything So as a dad you felt like you had to know everything You had to get everything right It's okay to make mistakes As long as it's coming from love then you know it kind of starts to work itself out I want him to be able to.
Bloomberg Radio New York
"jeff bellinger" Discussed on Bloomberg Radio New York
"Kit This is a Bloomberg money minute Supply chain issues have some retailers and panic mode as they try to stock up for the holidays They are faced with factory shutdowns port congestion expensive ways to get merchandise to the U.S. Bloomberg news retail reporter Jordan Holman says shoes clothes and electronics are affected and Santa could come up short Said it has taken herculean efforts to get merchandise to the U.S. There's concern that it won't be enough Change letter determined to fill their shelves have turned away from ocean shippers Retailers are now turning to air freight which can be very expensive So it could be a hit on profit Some big retailers are offering deep discounts way ahead of Black Friday are really early start to holiday shopping could help stores in a couple of ways They want to gauge what products will be most attractive this year But then also there is the concern that the supply won't be there So that's why they're trying to start in October Jeff Bellinger Bloomberg radio I spend a lot of time in the garage but even more time in The Rain Sleet and mud In 95 I helped tell you're moving trailer In O 5 helped you get out of a ditch Yeah I know I'm a bit rusty and sadly in O 9 It was sparks from me Your handy chains Dragon behind your truck that accidentally started a wildfire Sparks.
WBZ Afternoon News
Jeff Bellinger, Bloomberg And Nicole discussed on WBZ Afternoon News
"Kind of a so so day on Wall Street. Let's take a look at things now with the Bloomberg business back over to Jeff Bellinger, Jeff. Hi, Nicole and stocks posted. Modest gains led by the tech sector investors hoping to get more clarity on interest rates when the fed wraps up its two day policy meeting on Wednesday economists don't think there'll be any movement in rates
Bloomberg Daybreak
Broadcom Earnings Are Coming. Here's What to Expect.
"Charlie. Coming up today we get earnings that may provide insight on the fallout from US actions against wild way, when broadcom reports results after the close of US trading. Broadcom is one of the world's biggest chip companies it's a major supplier to why here the preview Bloomberg's Jeff Bellinger. Forecasters think the chip maker will post an adjusted profit of five dollars and fifteen cents a share for the fiscal second quarter investors may be more interested in broadcom's outlook in light of the current trade tensions, and Washington's actions against Weiwei, Bloomberg intelligence says the company sales and earnings will likely be squeezed in the coming quarters, but that could be offset by the coming of five, g technology which is seen boosting demand for broadcom's handset
Bloomberg Daybreak
Beyond Meat rosy sales outlook fuels more optimism
"Deal on the corporate front plan paste protein provider beyond meat will post its first quarterly results since it became a public company, we get a preview from Bloomberg's Jeff Bellinger beyond meat has been on the rise since its market debut just over a month ago. There is a lot of interest in the company and its products. Many fast food chains of started offering vegetarian burgers and reports, say beyond meat has been overwhelmed by demand and low not looking for profit. They predict beyond meat will post an adjusted loss of fifteen cents a share on revenue of thirty nine
Rush Limbaugh
Bloomberg, Jay Jay And Johnson discussed on Rush Limbaugh
"The patriots three point favorites over the LA Rams twelve four now Bloomberg market minute. Being brought to you by the Holland grip retirement wealth advisers, stocks are lower to start the holiday-shortened week. The Dow Jones industrials are down one hundred ninety three points to twenty four thousand five thirteen. The NASDAQ is down seventy eight the S and P five hundred down twenty five points. Johnson and Johnson shares are lower. Jay Jay's fourth quarter results topped analysts forecasts, but the pharmaceutical company predict sales growth will slow in two thousand nineteen. There was a big drop last month and the number of houses changing hands across the country. The. National association of realtors reports sales of existing homes fell six point four percent. In December homes were selling at an annual rate of just under five million the slowest in nearly three years and UBS clients pulled thirteen billion dollars in assets during the market meltdown at the end of last year. The based Bank says volatility protectionism and geopolitical tensions are still weighing on investors from Bloomberg world headquarters, I'm Jeff Bellinger for NewsRadio nine seventy WFL. A it's my name on the door. You bet I want things done a certain way every idea has to be best for the client back when I first got into this business financial advisors were mostly tied to those big name companies. They have that broad name recognition, but they were restricted in the products and services that they could offer. I just didn't want to do things that way. So even though people weren't exactly knocking my door down at first. I knew in the long run being independent would help. Me better serve my clients. So that is my
Tooth Talk with Dr. Jonathan Silverman
Egypt court sends 75 to death, 47 to life over 2013 sit-in
"Bannon says companies have claimed in the past that information was anonymous when it wasn't and the fact that the Google MasterCard deal was done in secret raises questions there just needs to be a lot greater transparency with the company is for what they're doing with consumer data companies. Use of data is likely to be among the issues raised during today. As of Federal Trade Commission hearings this coming week. I'm Jeff Bellinger. Bloomberg business on
Bloomberg Daybreak
Bloomberg, President Donald Trump and US discussed on Bloomberg Daybreak
"Bomb. President Donald Trump faces new hurdles in his fight to force can. Canada to sign on to a new North American Free trade agreements, we get the very latest live now from Bloomberg's John Tucker. Good morning. Good morning, Bob. The president has threatened to leave Canada out of a new trade deal already negotiate with Mexico. Dossier due to resume tomorrow. But without congressional support. He likes leverage to force candidates and make concessions a new NAFTA must be ratified by congress. And it's not clear the support is there Trump's frustration showed over the weekend as he attacked the head of the AFL CIO for saying it's pretty hard to see how NAFTA works without Canada. The battle with Canada's building is the White House also prepares to roll out new tariffs on products from China that make up some two hundred billion dollars in annual trade a public comment period on China trade wraps up on Thursday bobbin. Karen? All right. John tucker. Thank you. Meanwhile, the technology race between the US China's heating up sources say China is exploring a merger between two of the nation's three wireless carriers to speed up the development of five g mobile services. Sources say the country's top leaders reviewing a proposal to combine China United network communications group and China telecommunications. South Africa's economy unexpectedly. He entered into a recession for the first time since two thousand nine in the second quarter as farming output plunged gross domestic product shrank in annualized seven tenths of a percent in the second quarter from the previous three months that compares with the decline of two point six percent in the first quarter here in the US. We get a report I made factoring this morning from the ISM economists are forecasting a lower index reading fifty seven point six in August. Bloomberg's Vinny Del Giudice, sir reports in July. The ISM factory index dropped to fifty eight point one a three month low the pace of new orders, the weakest and more than a year. Even so the overall is index remains elevated after setting a fourteen year high in February regional factory reports from the feds district banks the mixed picture for August. Kansas city. Dallas and Philadelphia signaled weakness Richmond and New York reported faster growth. Vinny Del Giudice, Bloomberg daybreak. Thank you that the big economic event of the week comes on Friday with the release of the August jobs report, economists are forecasting the. Employment rates will fall to historic lows, Gina smile. It covers the economy for Bloomberg news economists expecting the unemployment rate to drop to three point eight percent in August that will be the lowest since two thousand matching the lowest since one thousand nine hundred sixty nine. The one puzzle. That remains as the unemployment rate has dropped lower. Is why wages aren't picking up in a more sustained way? They're expected to be basically in line on a year-over-year basis. Still below three percent that's weaker than we've seen in prior expansions. And not as strong as you would expect these extremely low levels of joblessness. I think that's a big question. Jerome Powell the fed chair and his colleagues will be watching as we get jobs reports for the remainder of the year, Gina smile. Thank you. Economists are forecasting hundred ninety three thousand non-farm jobs were created last month. Ford. Fiat Chrysler any overseas, automakers report, their August sales figures today, we get more from Bloomberg's Jeff Bellinger. Forecasters J D power and LLC automotive say new vehicle sales for last month will likely be up very slightly from August of last year. They're looking for a gain of one percent, maybe a little more to around one and a half million hurricanes Harvey and Irma disrupted business and Labor Day sales events and parts of the south in August of two thousand seventeen the cutoff day for counting August sales corresponded with the calendar this year it was last Friday. So this year's Labor Day sales will be part of the September sales reports Jeff Bellinger, Bloomberg daybreak. Thank you, Jeff. The Bank of England's governor has the chance to put speculation about his future to rest today. Sebastian Salt Lake is live in London with details. Good morning Sebastian. Good morning. Karen will county will testify in front of UK lawmakers. Buffalo is a report from the BBC yesterday that he's in talks about staying on in the row. Beyond his planned departure date of June of next year. A government spokesperson has played down that prospects, Saint Carney still plans to be his road in two thousand nineteen but the silence from the governor has fueled speculation that needs to stay on to ensure stability after Brexit in March or that the treasury is struggling to find a replacement. What it focuses on the negotiations live in London? I'm Sebastian sonic. Bloomberg daybreak Sebastien. Thank you. Incorporate news WPP shares are down more than five percent new chief executive Mark raids signaled he would spend more to revive growth at the world's biggest advertising group WPP has forecast a profit margin. Squeeze in the full year, the Netherlands-based Bank. I n g will pay nine hundred million dollars to settle a Dutch investigation in the money laundering and corrupt practices. The Bank acknowledge what it called serious shortcomings science. She also saying it's taking action against a number of former senior employees hasn't features at this hour up by two points, less than a tenth of one percent. This is Bloomberg. And that brings us to six oh seven on Wall Street. Let's bring in Bloomberg's Michael Barr with the very latest at home and around the world. Good morning. Michael good morning. Bob, President Donald Trump has tweeted that federal indictments against two Republican congressman place, the GOP in midterm election. Jeopardy in a tweet yesterday. Trump again attacked attorney general Jeff Sessions while suggesting that the Justice department considered politics would making decisions the president cited what he called Obama era investigations shortly before midterm elections and that too easy wins. Now in doubt, unquote. He mockingly added. Good job. Jeff, it's a full schedule for congress as it returns this week. Bloomberg's Ed Baxter has an overview confirmation hearings for US supreme court nominee. Brad kavanagh. Among the question. Sure to be asked focus on the fate of a court case and the Russia probe whether cases already adjudicated should stand. A look into the issue. You of abortion through Roe v. Wade and presidential accountability. Lawmakers also work on multiple spending bills to avoid a government shutdown the end of the month. And Twitter's CEO, Jack Dorsey and Facebook, CEO, Sheryl Sandberg will testify tomorrow on foreign interference in the US electoral process, also likely facing questions on news distribution in San Francisco. I'm Ed Baxter..
Rush Limbaugh
Stocks open slightly lower, threaten to break 4-day winning streak
"Going to go away peacefully terry smith the weather channel telling us there's an area of disturbed weather here the lesser antilles it will bring rain to the bahamas in south florida and possibly more right now it's an area where the upper level winds are fairly brisk and so it's not expected to get really any better organized here in the next couple of days but as it continues to move westward at may get an area where the winter a little more relaxed so there's the possibility that it might get better organized and smith said there the potential persist about the coast of africa doo strengthen in fact they hurricane center dot calling that system potential tropical cyclone safes to bay area man have been identified as the workers who fell to their desks near disney the orange county sheriff's office says thirty four year old lorenzo
Rush Limbaugh
Sears' stock rockets after expansion of ship-to-store Amazon tire program
"Technology shares and some retailers. Are, leading the stock market modestly higher the Dow Jones industrials are up thirty four. Points to twenty six thousand eighty three the NASDAQ is up six the s&p five hundred is up one point shares of Sears holdings are up nearly nine percent Sears, has expanded its, tired deal with Amazon customers nationwide. Can now order tires from Amazon and have them installed at a Sears auto center in
Sean Hannity
Jeff Sessions, Jeff Bellinger Bloomberg and Duncan Hunter discussed on Sean Hannity
"Approaches I'm, areas could see up to thirty inches of rain we. Haven't really faced Hurricane this magnitude and as far as history as I can remember. Mayor Maui mayor Allan New experience for everybody, if, it, maintains its
Sean Hannity
Special Counsel, Jeff Bellinger Bloomberg and Brian Yannis discussed on Sean Hannity
"A single share of eight therapeutic stuff FOX's Brian Yannis. The Trump. Legal team responding to the latest offer from special counsel Robert Muller to interview the. President in a. Statement Rudy Giuliani saying quote, it is time for the office of special counsel to conclude its Dot so Bloomberg market minute.
Bloomberg Daybreak
Jeff Bellinger Bloomberg, Bloomberg and CBS discussed on Bloomberg Daybreak
"Nineteen and around the globe Bloomberg business app and bloombergradio dot com this, is Bloomberg daybreak morning at six thirty, on Wall Street I'm Nathan Hager and I'm, Karen Moskow we are just, about three hours away from the opening of. US trading let's get you, up to date. On the news you need to know at this hour fresh round of trade war. Fears has sending stock markets lower across the world the hardest hit Asia stocks in China and Hong Kong, fell more than two percent Turkey's lira tumbled past five per dollar to a, record low government, bonds and stocks also slumped after the US imposed unprecedented sanctions on Turkey, it's the Bank of England, stern following the fence, decision to stand Pat but unlike the central Bank economists are forecasting. The b. o.. EA, will raise As rates a, quarter of a point on the earnings front. Dow DuPont. Cigna, Aetna and. CBS. Lead four dozen companies in the. S. and, p. five hundred reporting results today. We get a CBS preview from Bloomberg's Jeff, Bellinger CBS started the year on a strong footing and Bloomberg intelligence says. The network likely build on that momentum in the second quarter. The networks earnings call could be especially. Newsworthy Fox News has reported that embattled CEO les Moonves plans to speak. On the call the CBS board this week decided. An outside council should look into charges, of sexual misconduct by moon Bess Jeff Bellinger Bloomberg daybreak Jeff thank you tesla. Shares are up more than eight and a half percent in early trading the electric car maker burning through less cash than analysts expected last, quarter in Europe BMW is down more, than two percent Chinese consumers held back buying, cars in the second quarter, is the German automaker finds itself in the. Crosshairs of a u. s., China trade spat. Shares in Barclays were initially high higher after reporting earnings should there now down one percent the bank beat on most key metrics including trading revenue french banks societa generale also beat earnings estimates but the stock is down two percent after posting a four percent decline in revenue from stock trading and prime services six thirty two on wall street time for the volatility index report the vix rose yesterday to close at thirteen fifteen separately in today's extended morning trading the vix is currently at fourteen thirty eight and that is this morning's volatility report and we are hearing from aetna this morning it reported a second quarter operating profit that beat analysts estimates revenue operating revenue looks like it just missed futures this morning are moving lower s and p futures are down eighteen points dow futures down one hundred seventy five nasdaq futures down at fifty five the dax in germany is down one point seven percent ten year treasury up seven thirty seconds yield two point nine eight percent yield on the two year two point six Six percent and nine x crude oil is down nine. Tenths percent or fifty nine cents. To sixty, seven seven a barrel the euro dollar sixteen fifteen straight ahead we. Have the latest world and national news and this is Bloomberg Darren.
Bloomberg Daybreak
BP pays $10.5 billion for BHP assets to beef up U.S. business
"Six zero one on Wall Street we check the markets every fifteen minutes throughout the trading day on Bloomberg s. And p futures they're up about two points now Dow futures up thirteen NASDAQ futures up twenty five Dax in Germany's up four tenths, percent can Paris up two tenths percent Footsie-100 up six, tenths percent Nikkei two twenty five in Japan gained six tenths percent the Hang Seng in Hong Kong up about. A tenth of a percent ten year treasury up to thirty seconds yield two point nine six percent yield. On the two year two point. Six seven percent NYMEX crude oil down three tenths percent or twenty one cents to sixty. Nine forty one a barrel COMEX gold down six tenths percent or seven, dollars eighty, cents at. Twelve twenty. Seven fifty an. Ounce John we. Begin with earnings from Amazon the company shares are four percent in. Early trading after profit that more than doubled projections Emily Chang has more, from our Bloomberg nine sixty newsroom in San Francisco, Amazon, earnings NIST Alice Estimates on revenue and the revenue forecast but massively on earnings in part driven. By cloud growth and growth. The company talked up the prime program as always and said that it's whole. Foods that's really. Driving a lot of new prime memberships also talked about having the biggest prime day ever despite that big technical glitch. Bloomberg is also reporting that the Pentagon is very close to issuing this winner-take-all contract for its cloud business and that that really favors, Amazon Emily Chang Bloomberg San Francisco Emily thank you here's, of Intel plunged after its earnings report the stock sound five percent in early trading after signs at chipmakers growth. May slow that's despite second quarter results that topped estimates an entree Novon covers Intel for Bloomberg intelligence across. The board this is a good. Quarter now you have the preface that from an expectation standpoint AMD printed an MD just. Do, the cover off the ball so on a relative basis maybe expectations, that are, mismanaged, by Remember that Intel has ninety eight point. Five percent share for example in the data center, market in AMD has one point five so we named the more. Room to grow Emily Intel stock falls this morning shares of AMD are up about three percent we have a couple of energy deals. To tell you about BP has agreed to pay ten and a half billion. Dollars for most of HP Billiton's onshore US oil and natural gas assets the acquisition as VP's biggest since, one thousand nine hundred nine and includes land, and the prize, Permian, basin the. World's fastest growing major oil region at the, same time Chesapeake energy as the greatest sell its Utica shale assets in Ohio too. Closely held Encino acquisition partners Chesapeake will use. Nearly all proceeds from the two billion dollar deal to pay. Down debt that has shares. Up fourteen percent in early trading the two biggest oil, companies in the US report earnings today Bloomberg's Jeff Bellinger reports. Exxon Mobil Chevron will post, their second quarter results Bloomberg intelligence Says ExxonMobil's positive free cash flow will more than. Cover its dividends but the company will hold onto its cash. Rather than, buy back shares it may be too early for Chevron to. Restart by backs but executives may offer some guidance, on the timing. And size of the program analysts think Exxon will post. A profit of a dollar twenty seven a share on revenue topping seventy one and the third billion dollars chevrons profit is projected to come in at two dollars and eight cents a share. On revenue of nearly forty six billion dollars Jeff Bellinger Bloomberg daybreak Jeff thank you it's a big day, for USA conomic data with the first reading on second quarter, GDP due out at eight thirty Wall Street time I kinda messed forecast growth will come in above. Four percent Bloomberg's Vinny Del Jude is reports it's been almost four years since US economic growth top four percent with rapid growth be sustainable, economists had their dads about the rest of the year Bloomberg. Economics CS a variety, of special. Factors at work in the second quarter. Data additional The. Impact of White House trade policy, could derail growth in the months ahead in the, first quarter GDP slow to two percent pace one more thing that surge. Growth back in two thousand fourteen it was a five point, two percent gain any chewed ice Bloomberg daybreak thanks for let's head over to Asia. With the Bank of Japan's today offered to buy, an unlimited, amount of bonds for a, second time. This week the central Bank is looking to table rise it yields let's come amid speculation it could adjust its alter loose monetary policy move from the b. o.. J. a series, of. Stimulus steps. From China this week and earnings they were all in focus during today's trading session in Asia Bloomberg's Juliet Sally as details from our. Singapore bureau Japanese equities climbed for fourth day shrugging off a. Decline in the mirror holdings following. A prophet slide intensifying speculation about tweaks to the, Bank of Japan's stimulus program so, a ten, year yields briefly trade about point one of a percent. Against the j. target of around zero but they slipped in after noon trade is. This Central Bank unleashed another unlimited. Bond purchase offering stock index is in China and Hong Kong. Tick Loa the off show, you on bouncing off its weakest level in. More than. A year in Singapore I'm Juliet Solly Bloomberg daybreak Juliette thank you on the trade front US Trade Representative Robert lighthizer says a. Tentative NAFTA. Deal could be reached as soon as next. Month that, would be the deadline. Favored by Mexico but lighthizer, says there's still, hurdles to overcome and talks with Canada US relations with China meanwhile show no signs of improving. Lighthizer splaying down the prospect of a trade agreement with Beijing, at the, same time a top Chinese trade official. Railed against the US trade strategy calling it extortion and China is now expressing. Regret over Qualcomm, decision to scrap its takeover of semiconductors it's an apparent attempt to. Avoid blame at a Chinese regulators failed to rule on the deal more than twenty months after it was announced, s&p futures up a point basically. Is Bloomberg daybreak Six.
Bloomberg Daybreak
Jeff Bellinger Bloomberg, Fiat Chrysler and Bloomberg discussed on Bloomberg Daybreak
"Attracting larger brands and. Accelerating cloud sales it's expected the five billion dollar fine levied by antitrust regulators in. Europe will, be accrued in second quarter earnings forecast your. See, all Tibet posting an adjusted profit of eleven dollars and seventy seven cents a share on revenue topping twenty five and a half billion dollars Jeff Bellinger Bloomberg daybreak all right, thanks Jeff cheers of Ryan Ryan air down four percent in, London that his airline posted a twenty percent drop in first-quarter profit shares of Julius Baer are lower by four percent the firm increased assets last quarter but analysts are questioning, whether it can sustain similar growth. Rates amid volatile markets Tesla's. Stock is down more than two percent in early trading that's after. Wall Street Journal report that the company suppliers for refunds in order to help test look turn a profit and Fiat Chrysler named. A new CEO as a health. Crisis, left chief executive. Sergio Marconi unable, to return to work Mike Manley who was previously. Head of the Jeep and ram division takes. The helmet. Fiat Chrysler just days before it reports second quarter results and we check the markets every fifteen minutes during. The trading day right here on Bloomberg futures in the US point two mixed open s&p futures right now are unchanged the Dow futures right now also unchanged. The NASDAQ futures. Twenty points. Lower right. Now the German Tax down the Levin points this down about a tenth of a percent the CAC in Paris down four tenths and, the footsie in London three tenths of a percent lower the Nikkei two twenty five was down one point three percent you're listening to, Bloomberg daybreak.
Bloomberg Markets
Snyder, Goldman Sachs and Powell discussed on Bloomberg Markets
"The central Bank thinks the economy will remain strong. For, the next, few years Powell said he. Expects the fed will continue to gradually raise interest rates, stocks are mostly higher the Dow Jones industrials are up forty, two points or two tenths percent twenty five thousand one hundred six the NASDAQ is up forty seven point six tenths percent the s. and p. five hundred is up eleven or. Four tenths percent Goldman Sachs verified, at, succession plan David. Solomon will take. Over as chief executive when Lloyd blankfein steps down. At the end, of September the founder of Papa John's international has Reportedly had some second thoughts about, his decision to resign from the chairman's, post John Schneider step down after his use of a racial slur came to. Light now people familiar with Snyder's thinking say he. Believes the pizza chains directors mishandled the situation by. Pushing him. Aside without an investigation Jeff, Bellinger Bloomberg, radio listen is a hiring manager I've got to,.
Bloomberg Daybreak
Bloomberg Spencer Soper, Chang Bloomberg San Francisco Emily and Bloomberg discussed on Bloomberg Daybreak
"An ounce the euro dollar seventeen Forty-three and the yen. Won twelve point three four Bob we begin with a new plot twist, from Netflix disappointing earnings the company stock is down twelve percent in early, trading, after it added far fewer subscribers and expected last quarter then only Chang reports from our. Bloomberg nine sixty newsroom in. San Francisco it was a huge miss for Netflix on new subscriber editions well below the street expectations and wobble. Below Netflix says own guidance the company adding. Just over five million. New subscribers in the quarter analysts had. Expected over six million lots of possible. Concerns here including that the company name not be making. New content fast enough including new seasons of shows that are already hits the. Big question is is it a blip is it just, a speed bump or is this part of a longer, term trend Emily. Chang Bloomberg San Francisco Emily thank you now the next. Big name. To report. Goldman Sachs the firm is among ten companies in the p. five hundred out with earnings today and. We get a review You from Bloomberg's Jeff Bellinger Bloomberg intelligence, says, the, global investment banks second quarter revenue growth may have outpaced that. Of its peers experts say Goldman had a relatively easier comparison than most and it's numbers were likely buoyed by, strong equities trading and US underwriting forecasts are for Goldman to post an. Adjusted profit of four dollars and sixty six cents a share. On, revenue of eight and three quarter billion, dollars Jeff, Bellinger Bloomberg. Daybreak thank you Jeff also today we could get that announcement that president David Sullivan will take over at the at the helm, of Goldman Sachs the firm's earnings release set for around seven thirty, this morning Wall Street time sales for Emma's prime. Day sword when the, event kicked off yesterday? Afternoon that's despite widespread technical glitches for many shoppers on the side Bloomberg Spencer Soper? As more, from our Seattle, bureau, shoppers were. Disappointed on Monday when they got to. The site, many of them had trouble using the search engine to find things checking out adding things to their cart shopping They went off pretty well the first hour they sold. Four times as many things as they did in. The first hour prime day last year. Spencer Soper for Bloomberg news and Seattle thank you Spencer and. The data we have so far covering the first few hours of this year's event shows shoppers spent fifty. Four percent more during this year's Amazon prime day feed visor says the glitches limited sales only in the first hour of the event we turn now to Capitol Hill where, Federal. Reserve chairman Jay. Powell testifies before..
Politics, Policy, Power and Law
Apple loses three Indian executives as company struggles with iPhone sales
"Major smartphone market Bloomberg's Jeff Bellinger has that story Bloomberg has learned the iphone maker has. Lost three pivotal. Executives in India in recent weeks has struggles to boost, iphone sales, there among the executives who have departed arts national sales and distribution chief the head of its commercial. Channels and mid market business and the head of telecom carrier sales. The executive exodus Is a symptom of apples persistent problems in India were, high tariffs inflate the price tags of imported gadgets such as the iphone and, consumers gravitate toward cheaper alternatives from the likes of show, me and Samsung Jeff Bellinger Bloomberg radio.
Politics, Policy, Power and Law
German government, JPMorgan Chase deny report on Deutsche Bank
"A stake in deutsche bank a german magazine named the new york firm and industrial and commercial bank of china as possible investors because of frankfurt's increasing importance as a financial hub following brexit deutsche bank has been struggling with a management reshuffle and plans to reduce its global presence under new ceo christian sewing shares of fallen about thirty seven percent so far this year jeff bellinger bloomberg radio musk is sending a team of engineers to thailand to help rescue a boy soccer team stuck in a cave the billionaires companies will try to pinpoint.
Bloomberg Markets
Watch: Trump speaks to families of loved ones killed by undocumented immigrants
"National headlines over to nathan hager we go he hi carol later this hour president trump is going to make some remarks about immigration at the white house they'll be joined by families whose loved ones have been killed by undocumented immigrants it's morning the president kept his remarks to twitter saying republicans should stop wasting time in his words on an immigration bill until after the november election house leaders have put off a vote till next week on a bill that would let dreamers apply for visas and provide funds for a border wall whenever they delay something because they don't have the votes they need doesn't bode very well republican leadership wasn't really able to get the conservative that didn't like the more moderate measure enough of them on board in order to pass the legislation bloomberg's kathleen hunter today mark six months since president trump signed the gop tax cuts into law and democrats are marking the occasion by highlighting the national debt is coming out of education food stamps and the rest but affecting medicare and medicaid social security disability benefits very directly she tax break for the high end house minority leader nancy pelosi speaker paul ryan held some events of his own this week but many questions that lawmakers faced at those events were about immigration the supreme court gave a big boost to digital privacy rights today in a five four decision the justices ruled that law enforcement we need a warrant to get cell phone tower records if somebody's location prosecutors asked for data in tens of thousands of cases a year at the world cup early in the final game of the day serbia with a one nil lead over switzerland i'm nathan hager this is bloomberg now with our other top stories i'm emma chandra pacific investment management oaktree capital and bain capital are among bidders for one point two billion dollars of bad bank loans bloomberg has learned that portfolio dubbed project jupiter is made up of loans backed by real estate who extended to small and mid size companies the biggest nordic banks says any money manager who is serious about ethical investing should drop facebook we get that story from bloomberg's jeff bellinger nor does head of sustainable finance says the social network was unresponsive to questions about the cambridge analytica scandal sasha best lex says a company of that size with that type of risk quote should have been far more responsive and proactive in the way they respond to investor requirements best luck has made controversial calls in the past once even banning the fund from adding day own shares amid a tax avoidance probe his approach differs from many sustainable investing peers who say it is it's better to engage with companies and seek to influence their behavior than divest jeff bellinger blackberry is making good on its plans to turn from feeling smartphone maker into a mid range cloud software provider the canadian company beat revenue estimates for the fourth quarter in a row blackberry has pushed more aggressively into the auto tech field the company that owns panera and a bomb path it's close to collecting more than five billion dollars in its latest round of fundraising bloomberg's gina.