35 Burst results for "Jeremy Siegel"
"jeremy siegel" Discussed on Masters in Business
"You know a very famous people like John Taylor. With Under Secretary Treasury. Often mentioned to be fed share. You know Powell, got it but. They came to me and said Jeremy You WANNA. Sign this letter and I say no I'm not saying that letter. Why are you not signing that? Letter the Qe? We've never seen anything because I said, it's going into excess reserves. I see a little bump in the money supply and that nothing. Else this is all cushioned around the banks. They're just not lending it. Interest rates are zero so I mean I. Don't think this is going to feed in to. You there. SEC I I'm just not signing because I. Just I don't think this is right now, so let me let me just clarify what you're saying, so people understand exactly what you mean so in Oh eight. Oh Nine! The Fed introduced all of these new policies, tamp and tarp all these different things to help stabilize deal with bad mortgages. Get a lot of the junk, or if their books. And when they flooded the system with all this cash, the banks basically took this money. Put it on their savings account didn't lend it and spend it. They just kept it there for safety reasons, and that's why you're saying. We never saw that uptick in inflation. Exactly it kept it a what we call excess reserves above what there are mandatory requirements against count. They were trillions above it. and. They just want didn't want to go like what happened. In two thousand didn't want to be caught short everyone wanted liquidity in the banks wanted it. The regulators wanted they all wanted. It was not lent out. That's the critical difference what I see today. Is, it's lent out. In fact it'd be program is go to the bank and get your loan and put in your count. You know that the government's cutting checks. Giving people money putting in your account. That's the difference. Today I think that's the difference that that people didn't and maybe quite it because this is something i. This was something I studied so intensely intensely for years, and again had the benefit of the great mentor. Milton Friedman to teach me, he said excess reserves stimulatory, and that's what the Fed should have done in the great depression, but more potent is if it gets pushed into m one M two. You're going to see a much much stronger effect, and that is what I am seeing today. So. Let me ask you a related question. 'cause I remember having conversations with you in the middle of the financial crisis on television and elsewhere. Sh did congress miss the opportunity for a big fiscal stimulus in away nine might that have helped the recovery and perhaps avoided some of this increasing gap in an income and wealth. That that's a good question I mean there are many those that that thought there. You know that. We needed more. Push on an actual. Tax Cuts on more stimulus I mean. There was a Cash for cars Conquer Psychiatric clunkers that actually that was funded, and they did to cause a little bit of Berg. One thing is very important though Berry Remember. What sparked. The financial crisis. Was I an oversupply of housing. Too, many people got into housing and bad. You know there was all that bad lending that old enabled people with no money down. To get into that, so what we? We had to do back into thousand and. Nine intent which we had to work off an a tremendous amount of excess supply of House that. There were really no excesses in terms of production before this court crisis. We don't have to work that out. Remember how starts fell to the lowest point in seventy years following the financial crisis? I don't think we're going to get very much of a fall at all. No, not only that people's home equity was wiped out with the biggest crash in home price. We're going to have any of that now. None of that. To. Go in the opposite direction was seeing how. Impediments working out working off huge excess inventory and housing wipe out of home equity for millions of American home, millions of Americans. You know soaring bankruptcies housing I mean. Yes, we're having the business problem now but back. Then we had the problem of the biggest asset. It's still home, equity and individuals more than stocks that was wiped out for so many people are diminished dramatically, not today, not so let's stay with the Fed for another moment. What do you think of Powell's actions I? Working with black rock buying, ETF's and now buying specific bonds, you know. Where does this end well? Put out all the stops you know just the Fed saying I'm GonNa do something, does it? You know people think the Fed could do it then all of us and said I'm I. I I want the right to be there. The market will push the right there, so the Fed test. I WANNA lower spreads did lines in February we do know dysfunctional market I'm GONNA. Make sure that you know they don't well once. They said they're going to do that actually. The spread started going down. Did they really need to. Do you know the announcement we saw yesterday and not really they want listen. They have to go through on credibility, so they're going to do it, so the do a little bit I. Assure you that they're going to get rid of it. You know once things normal. Is They? Just like they're getting rid of the mortgage backs they. Their goal was to get back to an all treasury four folio. Eventually get rid of all these as they did. During the financial crisis in terms of lending, and all that you know they got, they had other position. You don't Vermont. They had an equity position I, G Back in Yeah so so you know I think it's a matter credibility. I said I'm going to do it I. Don't really need to do it now. It doesn't really matter now. What really matters is what happened to those checking accounts, and not so that's his reserves are plentiful to giving give another trillion excess reserves stays an extra reserves. Not GonNa, do much. It gets into the pockets of individuals. That is a different story. And my final question on bonds and inflation, you recently said the forty year bull market and bonds is over. Does that mean we're looking at a bear, market and bond? Yeah, and where can let's use a ten year treasury yields where connect-, yield go. We ever GONNA see five six seven percent yield on that. Does that mean for inflation. So what? What do you see happening with bonds for the next decade or so I? See I as I say. Low united them creeping up continuously. They're stealing. Treasuries are viewed as excellent short run hedge asset they become. The cushioned the portfolio and the Dow dropped two thousand year. Treasuries are up and people like that, so there's a huge demand for that's called hitch demand, negative Beta for those technicians then. The do portfolio analysis But it, so there's a huge demand, but with this liquidity in the economy. As we say I expect moderate inflation. I'm I'm not talking about hyperinflation and so I'm nowhere near that I. Expect inflation to move up next.
"jeremy siegel" Discussed on Masters in Business
"He is the Russell e Palmer professor of finance at the Wharton School at the University of Pennsylvania. He is the author of numerous books, probably most famously stocks for the long run, which is now in its fifth edition. He is frequently voted favorite professor at Wharton Jeremy Siegel Welcome to masters in business. Thank you very happy to be with you today. Right glad to have you back. Last time we were here. We were discussing something completely different today. Obviously, the pandemic the lockdown has caused all sorts of economic changes. How do you see what's going on today impacting the market and macro-economy? And this is important as you know, bury my background. Got A PhD and Economics with the specialty in monetary theory and policy I went into finance afterwards, because it was an interest, but actually my training was money debt, federal, reserve behavior and all the rest hand very early on in March when the pandemic was raging, and markets were tanking high looked at what was going on, and I said to myself. Wow we've had. Unprecedented stimulus by the Federal Reserve. But this is very very important IN IN TERMS OF Shaping how I look at what our future's going to be a macroeconomically, then we can take a look at the structures of of view which industries are going to do better before the financial crisis in two thousand, seven eight. Banks held zero excess reserves. They were tied against the limits I know it was very little by the way we're talking about fifty billion dollars basically. The crisis basically said. Hey, you can't do that anymore. And because of requirements, and on all the rest, the Fed started expanding its balance sheet hugely, but almost all the expansion of the balance sheet went into excess reserves held by the banks. They didn't lend it out. In other words, there was very little increase in what we would consider. To traditional monetary statistics am one am to I'll talk a little bit about that later the big difference this time. Is, not only has been. A huge increase in the balance sheet again of the fat. But to A. Much, greater extent. This money is going right into checking account. Right into transactions right into payroll counts right into the bank accounts of individuals businesses. In a way that I have never seen before and I mean how many historian the monetary statistics and I brought up in just a moment ago and want him to. They're not talked about very much anymore, but when I was going through school, they were like things you look at on. We're having begins. 'em Lawn is basically. All transactions accounts that are held by people. Their debit account their checking accounts there used to be called now account their transactions account, and it also includes all the currency outstanding, but that's a pretty stable mount. Those accounts are very very important, so is accounts in the eight weeks after. The virus hit from the middle of March, the next day cleats. Increased by almost twenty five percent. I'd never seen that before Indian tire year that followed the Liman crisis. The increase in the M one money supply was fifteen to twenty percent. Now That's amazing, so so let me ask you the other side of that question. The Fed obviously cut rates to zero. They injected three trillion dollars in liquidity, but we also saw on the fiscal side. Three trillion dollars in stimulus passed by Congress. How impactful was the combination of fiscal plus Monetary News APPS lutely huge. You know I I was privileged. You know my first teaching job. After I got my PhD was at University of Chicago and I was I, was an as we talked about earlier? A colleague of Milton Friedman and. I remember you know him. To me, said you know. Excess reserves are good look. Good stimulus for the economy, but if those excess reserves get pushed in, neither am one or M two, they're going to be far more potent. Far more point and that is exactly. What is happening this time? That did not happen last time. And I think that as we get their -PEUTIC vaccines as our economy opens up this liquidity that is in this economy. They're. Not Going to get rid of it, I mean basically committed zero rates, and the government's not gonNA put a tax increase on to absorb all this. I think we're going to have a huge spending boom next year. And I think for the first time. And I know this is a sharp minority view here. for the first time in over two decades. We're going to see inflation. That has been a bugaboo for a while. We've seen more people. Start to talk about that. We're recording this Tuesday may sixteenth. What did you make of the May? Retail sales report seven percent right and. Liquidity Hey I. How many people got you know all those canceled planes? So they all got credited their checking account I've had people tell me for the first time they have credit balances on checking savings. Rate is what double digits now for the first. Yeah, you know about three weeks ago Brian Moynihan to be. He was there and he said. Are Small we. A twenty percent increase in people's checking account of these. These these are people that had less than five thousand dollars. He said compared to last time. We've never seen such an increase. I mean it it. It was extraordinary now again. We can't. Most people don't want to travel now. Restaurants are just very beginning to open all this is.
Unemployment Hits 14.7%
"The unemployment rate jumped ten percent in a single month setting a new post World War. Two record at fourteen point seven percent market. Historian Jeremy Siegel certainly a short term shock of unprecedented magnitude. I mean the numbers were tracking not surprising at and Uber. Ceo Derek. Hough shot on driving through the Cova crisis. Everything's on the table now. This is a deep crisis and while we are very well suited to weather the crisis we still have to make adjustments. And that absolutely doesn't
The Dow's Next Milestone
"First up today on the PODCAST. The march to thirty k the Dow Jones Industrial Average is hovering above twenty nine thousand putting the most recognizable metric of the health of the US stock market in striking range of the next big round milestone number. Dow At thirty thousand shows the strength of the ongoing bull market dating back to the financial crisis low over a decade ago since that time investors have made more than thirty two trillion dollars in wealth. Jeremy Siegel Finance Professor at the University of Pennsylvania's Wharton.
"jeremy siegel" Discussed on KQED Radio
"Radio hour in just a few minutes we're gonna hear from national public radio news at first and then Jeremy Siegel will be in with KQED news in just a couple of minutes mostly clear tonight with temperatures in the forties winds from the northwest five to nine miles per hour and they should lighten up after midnight mostly sunny tomorrow highs in the upper sixties to where excuse me that's upper fifties to low sixties Monday night increasing clouds and Tuesday we'll have a foggy morning otherwise a mostly cloudy day high temperatures mid fifties to low sixties tonight Knapman date should get down to forty six degrees in San Rafael forty six as well well that creek expecting a low of forty four degrees Sacramento forty three and the Oakland forty six and the overnight low in San Francisco tonight should be forty eight degrees the time now is three oh one live from NPR news in Washington I'm Jeanine Herbst former NBA basketball star Kobe Bryant and his thirteen year old daughter died in a fiery helicopter crash in Calabasas California today there were no survivors LA county sheriff Alex bill in a wave ups is there appear to be more people on board than originally thought according to flight documents we have a manifest indicates that there was nine people on board the aircraft the pilot place eight individuals but he says they have no identification yet on all of the victims the forty one year old Brian played his entire twenty year career with the Los Angeles Lakers winning five NBA championships he was also a two time Olympic gold medalist the cause of the crash is still being investigated federal health officials say there are now five corona virus cases in the United States was Angeles county health officials confirmed one of those cases this morning from member station KPCC it was a John Perry has more the patient is a resident from China where the virus is said to originate the patient turned themselves in after landing.
2019 Has Been Good for the stock market
"The clock is running out on twenty nineteen giving us a chance to see just how well the stock markets did for the year which was a real good hand a steep casting mom tells us there's no sign of a let up Michael usually trading is kind of a light in the days between Christmas and the new year many on Wall Street take some time off and not much news is made but when the closing bell rang yesterday stock prices have risen into new territory the S. and P. five hundred climbed the point three percent and reached a new all time high the nasdaq composite closed above nine thousand for the first time ever and the Dow Jones industrial average closed up almost one hundred and six points to twenty eight thousand six hundred and twenty one setting yet another new all time high in fact stock prices have climbed so much the S. and P. five hundred is up three percent this month eight point six percent for the quarter and twenty nine percent since the beginning of the year much of the increase this last quarter of the year was due to talk of a phase one trade deal between the US and China Jeremy Siegel is a professor of finance at the Wharton school now that the trade war appears to be cooling off he doesn't think we'll see a reversal in question is his trump is you know approaching selections in ten eleven months the stock market has been his biggest positive point you cannot at all tolerate that turning south on him but he doesn't think this upward trajectory will continue as it is I think two thousand twenty there'll be a lot tougher than two thousand and and nineteen not a bad year and in fact if we could get a real trade deal with China it could be it could be a good year when it comes to a phase one trade deal with China it remains to be seen whether one side or the other is benefiting
No-party preference voters have options when it comes to the March primary
"Californians who registered to vote as no party preference who want to participate in the March presidential primary will need to let election officials know which parties contest they want to vote in KQED is Jeremy Siegel explains no party preference voters can choose a ballad from one of three parties democratic libertarian or the American independent party if you want to vote in the Republican green or peace and freedom primary you'll need to re register with that specific party if you do remain no party preference in vote by mail county election officials will send a postcard that can be returned with your choice of party ballot the number of no party preference voters is quickly growing in California and now outnumbers Republicans in the
Vaping-related illnesses surge in California
"California health officials are continuing to see an increasing number of vaping related illnesses in the state can you dis Jeremy Siegel reports the California department of public health has identified easy one potential cases of acute lung disease among people with the recent history of vaping that's up from sixty seven cases a week ago health officials are urging people to get rid of any cannabis vaping products bought from unlicensed street vendors or pop up shops they have not yet identified the specific cause of the illnesses earlier this week governor Gavin Newsom announced an executive order aimed at cracking down on youth vaping and urged health authorities to increase enforcement efforts against the sale of a lizard vaping
Number of illnesses from vaping-related lung illness rises
"California health officials are continuing to see an increasing number of vaping related illnesses in the state can you dis Jeremy Siegel reports the cal. the department of public health has identified easy one potential cases of acute lung disease among people with the recent history of vaping that's up from sixty seven cases a week ago health officials are urging people to get rid of any cannabis vaping products bought from unlicensed street vendors or pop up shops they have not yet identified the specific cause of the illnesses earlier this week governor Gavin Newsom announced an executive order aimed at cracking down on youth vaping and urged health authorities to increase enforcement efforts against the sale of a lizard vaping
"jeremy siegel" Discussed on KQED Radio
"This is Katie reading news I'm Jeremy Siegel governor Gavin Newsom is announcing plans to crack down on vaping among teens in a press conference today Newsome said he plans to launch a public awareness campaign on the dangers of you cigarettes and ask state lawmakers to work on a strong tobacco reform package we seen a skyrocket increase in the use of these flavored products by our children in vaping products are now being seen almost ubiquitous say I'm not just in high school campuses but increasingly in middle school campuses for more on this we're going to turn to KQED is health reporter Laura Clive ends and Laura Newsom signed an executive order on this today what exactly does it do so the executive order calls for three things one is to have health warnings on advertisements and at stores very cigarettes are sold and then at putting at least twenty million dollars into a vaping awareness campaign and those messages would be online and also on social media have really turning young people and thirdly increased enforcement of removing illegal vaping products and also asking a state department to consider changing how we tax these products looking at nicotine content rather than just a broad tax for products themselves no something you did outside of the executive order was he signed legislation SB thirty nine that's by state senator Jerry hello and it would impose stricter age verification requirements for tobacco products that are sold online or through the mail and he said he would like to go further and we're pushing the envelope in this executive order it appears that governor alone is not afforded the right legally to ban those products out right that we would need legislative support but I am hopeful that we can find a pathway to do just that so this doesn't go so far as banning these products but it is pretty sick. you can action against the cigarettes against vaping I imagine public health advocates are pretty happy about this right they are they're excited about him but raising awareness about these issues and they would like to see some additional legislation to put a little bit some more teeth into into what he's calling for and what about jul and other E. cigarette companies are they saying anything about this yes I reach out to jewel and their response was that they applied cracking down on counterfeit knockoff products and that they support combat in youth usage they also still support reasonable access to vapor products for adults which is what they say their mission is is to get people off of the traditional cigarette and to go to E. cigarettes to get folks have been addicted for years to switch to E. cigarettes so looming over all of this is this recent outbreak of severe lung illnesses related to vaping including six deaths but don't most of these cases involve vaping marijuana like why is this legislation or why is this executive order targeting E. cigarettes yeah so there have been a hundred two cases nationwide and in California according to the governor there have been sixty three cases and there has been a one death even in California most did involve marijuana you are right some did it also involved just to back out I'm really the focus of this on E. cigarettes is that we have spent as a community as a society decades fighting a young people's use of tobacco through campaigns against cigarettes and that was very successful and now in the course of just a few years we're seeing these huge rates of young people vaping and the fear is that one nicotine can harm a developing brain and to that the CDC is said maybe these folks are more likely to use traditional cigarettes after the fate so it's the concern that we crush this problem and now here it is again cake you would use health reporter. Laura Clive ins thanks so much for thank you I'm Jeremy.
Maker Faire, Make magazine shut down
"From K Q, I'm Jeremy Siegel, the annual craft making an engineering event called maker faire is closing down San Francisco based maker media, which puts on the event and publishes a magazine laid off twenty two employees last week, citing financial difficulties founder and CEO. Dale Dougherty says despite the continuing popularity of the fair corporate sponsorship has dropped off. He says it's a sign of changing times in San Francisco. Well as a culture, we're focused on even San Francisco. These days, just on money. I think we're missing and losing creativity and sort of individual and small group. Magic that may displace special in the beginning Dougherty says businesses didn't feel like they were getting a financial return for sponsoring the event, he hopes to acquire the brand, and turn makers media into a nonprofit organization that will support makers around the
Global markets mixed as investors wait for trade war cues
"And stock markets around the globe fell in price this week as Wall Street view on the US China trade dispute when from nearing a conclusion to the belief that the trade war will last a lot longer and hit the economy. A lot harder. A number of Wall Street firms released new reports warning the trade war was getting worse, including communists, and strategists from the likes of Goldman Sachs, the Maura and Bank of America. They now think that it's more likely than not that Trump administration will move ahead with the final trunch of tariffs, targeting roughly three hundred billion and imports from China at a twenty five percent rate. Now, we're economist Jeremy Siegel says the market wants a solution and don't forget, the market didn't really. Want a trade war? He believes that the president and his political advisors know that Trump's reelection prospects on keeping the stock market and the economy, strong. And he needs to cut a deal professor Siegel says he can pull victory out of defeat. No one is really going to look at the details of deal stressing that the president tends to view everything that he does fantastic. And the best ever. He has the bully pulpit, the cast any agreement with China as victory. Even it ends up being just so, so nonetheless, investors hate uncertainty and sold stocks, tweak, and piled into bonds pushing the yield on the ten year treasury bond to just under two point four percent, its lowest level so far in two thousand nineteen but also their highest prices owning bonds has been very profitable so far in twenty nineteen now compare the bond yield to the dividends available in the stock market. And it's clear to me that dividend. Are on sale reach real estate investment trust yield over four percent. Energy yield over six percent, blue chip non US stocks are yielding over three and a half percent. And even blue-chip US value. Stocks are yielding close to three percent. Now, when you factor in that most of these dividend payers have increased their dividends, most years over the past ten the fixed rate of two point three percent for ten years that doesn't change rather Puniet small to me last, I checked, no one especially economist strategist from the largest Wall Street firms can predict the unpredictable or no, the unknowable like the resolution of a trade war, when I believe, and we'll always Bank on is human nature and our tendency to do which in our best interest. Politicians always want to be reelected, CEO's always wanna make more money for themselves and their shareholders, investors. Always want to receive a fair return for the risks. They take. Common sense, dictates that this trade war and the uncertainty. It creates like all uncertainties will dissipate and disappear. So nor the noise, ignore the rhetoric Endo's and instead of the process, and discipline of a
"jeremy siegel" Discussed on KQED Radio
"I'm Jeremy Siegel, lawyers, representing a freelance journalist whose home was raided by San Francisco police last week are demanding the department return his notes in a quick that were seized the journalist. Brian Carmody says police FBI agents searched his home and office on Friday in an effort to identify the source who gave him a copy of a police report with details about public defender. Jeff Adachi is death that earlier this year advocates are calling the incident of violation of free speech rights and house speaker in San Francisco Democrat Nancy Pelosi weighed in earlier today. Well, I have always been a supporter of general is being able to protect the sources, I think it's very essential to freedom of the press release Sonia. Hudson has been following this story and Sonia. Remind us what exactly happened on Friday? So most of what we know comes from Carmody himself. He told me he was sleeping about eight twenty in the morning on Friday because he works overnights and. And some police officers showed up at the security gate outside his home tried to break it down with sledgehammers at which point the acetate a search warrant they said that they did. And so he let them in. Here's how he described what happened next after they came into the house, they'll guns workouts, as they searched my property, they you know, searched every aspect of my home from addicts to garage, and they took several computers cameras and cell phones. Basically everything that Carmody says he needs to run his freelancer journalism business. So do we know where this document that Carmody obtained do we know where it came from it likely came from the police department, we don't know for sure the police department has said this was an illegal release of the report, and they are criminally investigating it as a potential case of obstruction of Justice along with the illegal distribution of confidential police material, so California has these laws that protectionists so it seems sort of surprising that something like this would happen here. I mean has this happened before? So the most recent case where the journalist ran into some issues with confidential sources and law enforcement was back in two thousand five two thousand six journalists by the name of Josh Wolff was actually put into federal prison for about seven and a half months because he did not comply with a federal subpoena to give up some video footage that he shot that was not actually published. What's different here is that this is a search warrant side and by state judge. And so I talked to Josh Wolff over the weekend. And that was the first question he asked me was this state or federal search warrant I told him it was a state one and that made him all the more worried. Anytime we have a situation where people are breaking down doors of journalists houses, each are real panic button on democracy. So what are San Francisco police city officials the public defenders office? What are they saying about this? So the San Francisco police department, I've sent them a lot of specific questions, and they've had just a fairly fact. Base statement, so far they've said citizens and leaders of San Francisco have demanded a thorough investigation of this leaked report. They call it in a legal leak people were really upset about the fact that this came out at all because it had some really unflattering details about the night that adopted died. The public defenders office has said that they are pleased that the police department is looking into this. And that they think that the release of police reports in this fashion is wrong. But they did send out a clarification earlier today that says, you know, nothing about this statement should be interpreted as condoning specific police tactics in this matter get you Sonia Hudson covering the ongoing fallout after police raided a San Francisco journalists home on Friday, thanks so much. Thanks, jeremy..
"jeremy siegel" Discussed on KQED Radio
"Oh, they political regular should which is going to trade. In his speech Sanders, pushed the progressive, economic ideas. He ran on in two thousand sixteen like single payer healthcare and a fifteen dollars minimum wage, but he and his surrogates also put heavy emphasis on his back story growing up in Brooklyn as well as his record on race issues in the two thousand sixteen primaries. Sanders lost black voters by a wide margin. Sanders will be in Selma Alabama in Chicago on Sunday. Danielle Kurt Slaven, NPR news, Brooklyn. This is NPR from K Q E D news. I'm Jeremy Siegel Sacramento's district. Attorney today is expected to announce whether or not charges will be filed against the police officers who fatally shot Stefan Clark last year. The twenty two year old unarmed black man was killed after officers chased him into his grandparents at back yard police say they thought Clark who was suspected of vandalism had a gun, but investigators found a cell phone. The incident sparked protests nationwide Sacramento's district attorney is currently giving. A press conference on the case isn't as expected to announce her decision shortly. We'll keep you updated on the story throughout the day. San Francisco officials are reassessing an emergency homeless shelter located in a public school gym that's costing taxpayers about seven hundred dollars for each person. Who spends the night, that's because there aren't very many families using the pilot program that the city is paying forty thousand dollars a month to staff San Francisco, Chronicle reporter Tricia to Donny helped report the story, there's an average of less than about two people using it a night and some nights, no one is there and in total only about five families have used the shelter since it opened. The numbers are quite staggering. School officials say the facility has helped and number of people get stable housing the school board will decide in June whether to expand the shelter to other public school families were close it down.
"jeremy siegel" Discussed on KQED Radio
"I'm Jeremy Siegel in the aftermath of last month's devastating campfire PG and E is coming under increased scrutiny. Investigators haven't yet determined the cause of the blaze. But state regulators are looking into whether p genie's equipment may have sparked it and the utility is facing multiple lawsuits, claiming they're responsible. This comes after Cal fire. Investigators determined the PG knees equipment was responsible for more than a dozen of the fires that swept through northern California last year findings that have now been turned over to local district attorneys for potential prosecution. Get you it's politics and government report Maria Lago spoke with California's attorney general heavier Sarah about the issue and she began by asking him when his office would step in to investigate the utilities role in disasters. Most people in California would be surprised to learn just how involved. The California Department of Justice is in any form of investigation that's taking place or has taken place in the past on any number of measures. And in areas, we typically work closely with local prosecuting authorities. I we try to make sure that we're jurisdictions very localized that it's the local investigators and prosecutors who handle those matters. So the DA's, for example with the city attorney's, but we typically are there to help whether it's taking down criminal street gangs. Whether it's going after physicians who prescribe opioids whether it's going after illegal grows marijuana. Or whether it's an issue like this involving wildfires in trying to determine if there's liability that should attached to anyone in particular more often than not my office. Mike personnel have been actively involved in the investigation, in some cases, is well, the prosecution's civil or criminal that take place. It's just that. We don't always take the lead or we don't try to get on the front page. Whether that changes really depends on the character of the investigation or the wrongdoing that occurs because I think most people would agree that if it's very local you should let the authorities that deal with those local issues take care of those. I. And if it starts to spread beyond one city or one county where it makes sense for the ages office, for example to take more control. We'll be there as well. What we're interested in doing is getting the job done if that means doing it has subordinate cer- behind the scenes to that. If that means taking the lead we consider that as well. I know that your office was asked to weigh in with the judge in the San Bruno pipelines felony case against PG any they've asked for you guys to respond to this question of her weather other could have been crimes committed in any of these fires and electrical incidents in recent years. Is that? I mean, I assume you guys are going to comply with that request. But any hint of when we could hear from your office. And what you guys might be saying. Anytime we're requested by an officer of the court. The judge. Provide information or responding to particular way. We're ready to ask how high they want us to jump. So we can get this done. And so we'll be responding to the federal courts request for information. And the the court set a time line there for us to respond, and we'll make sure we meet that deadline that was cake UD's marisha Llagas talking to California attorney general heavier Sarah, Sarah's office has until next Monday to.
Los Angeles, Orange County And Alameda County San Mateo discussed on All Things Considered
"Congo's health ministry says the latest outbreak of Ebola is the worst in the country's recorded history with three hundred nineteen confirmed and probable cases on hundred ninety eight people have died since the outbreak was declared August I in the eastern part of the country. You're listening to NPR news from K Q E D news. I'm Jeremy Siegel crews from multiple bay area agencies are in Butte county to help fight. The campfire officials say the blazes now scores did least one hundred thousand acres killed nine people in destroyed more than six thousand homes at last check. The believes was twenty percent contained firefighters from San Francisco's department. Alameda County San Mateo and other agencies have all been. Deployed to the area and further south crews from the bay are also helping with suppression efforts on the Wolsey fire in Los Angeles, and Ventura counties. Meantime, the National Football League says it's monitoring air quality in the bay area and Los Angeles in advance of weekend games in areas affected by wildfire smoke, but as of now the raiders is home game on Sunday and the forty Niners on Monday will be played as scheduled both teams rescheduled their practice times on Friday to minimize exposure for their players Democrats are claiming victory in another southern California. Congressional race Kennedy's politics editor Scott Shafer reports. It might not be the last Orange County democrat Harley Rueda is claiming victory over fifteen term incumbent congressman Dana Rohrabacher, one of several incumbents targeted for defeat. There are still ballots to be counted there and the race has not been officially called. But Rudas lead is more than seven thousand votes and steadily growing if it holds that would make three houses. Seats, flip from read the blue in California, including the seat now held by retiring Republican Darrell Issa, meanwhile in the tenth congressional district around Modesto democrat, Josh harder. As pulled ahead of Republican incumbent, Jeff Denham with thousands of votes. Still to be counted also up for grabs to other Orange County congressional seats where the Republican candidates lead by less than three thousand votes statewide. There are millions of ballots left to be counted. Leaving the racist for insurance
"jeremy siegel" Discussed on KCRW
"To go south and skyway, and we were engulfed in flames. Both sides of the road. Scared me to death needs. Started shaking turn the car around went north instead of south which was a good move. But then we tried to gather other family members, we didn't know where they were after while we realized we didn't have any time. So we just to look for them or anything. So we just headed out, Jeremy where did you find her which is my way of asking where are people going for shelter? I found her at an evacuation center at the Butte county fairgrounds in all in all Steve it took her eleven hours to get to that evacuation center. That's because traffic was bumper to bumper. There weren't many roadways around here. One of their cars ran out of gas. So there are evacuated centers. But at times, they're difficult for people to get to. So that's where people are. And that's where they're wondering whether their homes have survived. We would like to think that firefighters can. Bring a fire like this under control. But speaking realistically, are we actually just waiting for this fire to burn itself out? Well, there were red flag conditions until recently. It looks like they have expired, and that means that they're extremely dangerous fire conditions that being said, it's still very dry out here there still wind and the fire is still very active. So at this point no end in sight. But you know, there's potential that conditions could work and firefighters favor today, meaning cooler weather, a rainier weather might be better than whatever. You've had. Exactly. Yes. Okay. Jeremy, thanks so much for your work. Really? Appreciate it. Thank you. Steve be safe. That's Jeremy Siegel of K. Q E D is in Butte County, California. It is Friday and time again for story car today, we bring you conversation between two strangers. It's part of a story core initiative called one small step, which brings together people on opposite sides of the political.
Elon Musk Settled With the SEC, but Tesla's Troubles Aren't Over
"Tesla's CEO Elon Musk has agreed to step down as chairman of the bay area based electric car company for at least three years, settling a government lawsuit. Kick UD's. Jeremy Siegel reports musk will also pay out twenty million dollars earlier this week the securities and Exchange Commission filed a lawsuit against musk alleging that he misled investors after tweeting about a proposed buyout of his company as part of an agreement announced by the SEC musk is required to resign as chairman within forty five days, but he will remain CEO of the company. Tesla has also agreed to pay twenty million dollars on top of the money. Musk will pay the Palo Alto. Based company would not comment on the settlement, which is still subject to court
Security forces deploy in Iraq's Basra following violence
"The Iraqi government is trying to restore order in the southern city of Basra NPR's. Jane Arraf reports security officials have imposed a new curfew on the city the day. After protesters stormed and set fire to the Iranian consulate Basra's international airport said rockets were fired at the airport compound, which is close to the US consulate. They said there were no casualties and the airport was still operating the US embassy in Baghdad said, it would not comment on the attack prime minister hydro about who's struggling to keep his post in a new government being formed fired. The Basra security commander and appointed a new one protesters have been demanding jobs basic public services and an end to Iranian control of militias and political parties in
Dallas officer faces manslaughter charge in apartment shooting
"A Dallas police officers likely facing manslaughter charges after she shot and killed a black man in his apartment Thursday night. Christopher Connelly of member station. K E R A reports. She allegedly mistook the man's apartment for her own. The Dallas police department has not yet named the officer. But police chief you Rene hall says she was a white woman a five year veteran who was off duty but still in uniform when she entered the apartment of Twenty-six-year-old Botham Shem, gene, it's not clear what interaction was between them her in the victim. But at some point she fired her weapon striking victim Jean died in the hospital. The department is testing the officers blood for alcohol and drugs, she was placed on leave while the shooting is being investigated. Meantime, mourners are calling for accountability. When police
"jeremy siegel" Discussed on KQED Radio
"We'd news. I'm Jeremy Siegel. Environmental leaders will be in San Francisco this week for the global climate action summit. It's invite only, but there will be hundreds of public events putting a spotlight on the issue cake. Queen Kim tells us about one of them an art exhibit the exhibit is called ten thousand Fahrenheit or what scientists estimate is a temperature of the sun. Lisa cable, blah is one of the nine artists in the show her. Her piece is called untitled heat scape. It's a photograph that I shot with a heat sensitive camera meaning that it measures the temperatures of what it's shooting this center of the photograph is white hot. And as your I moved outward it bleeds into yellow orange and purple this subject of the stylized heat. Scape is a glacial lake in Chile which is supposed to be one of the clearest lakes in the world and home to one of the fastest melting glaciers black plays on the theme of light in her work and also bringing the invisible to the forefront. And she hopes it'll give viewers a different understanding of the impact of global warming. Makeshift lawyer is the gallery director for the San Francisco art commission. We actually set forth to curate an exhibition about climate change that maybe taken more poetic view on it ship. Ler says ten thousand Fahrenheit goal is for viewers to. To take a step back and reflect on the relationship with the planet, the sun and come away with the more personal understanding of nature and their relationship to it. I'm Queen Kim K Q eating news and the show opens on Friday..
New York subpoenas eight Catholic dioceses in sex abuse probe: source
"Trump appointee claiming to be part of the Trump resistance. Are we watching a slow coup or a cowardly cover your butt and a teacher and Mississippi thought the name of the fifteen year old black boy who had been murdered by a group of white boys in nineteen Fifty-nine sounded familiar? I'm just going to check with my aunt to see if maybe she knows some information. And that's when she informed me that he was indeed our cousin news is I. Live from NPR news in Washington, I'm Lakshmi Singh. The New York attorney
Trinidad's Nobel Prize-winning author V.S. Naipaul dies at 85
"Nobel prize winning author of a bend in the river has died according to British publications. He wrote about British colonialism faith and immigration NPR's Lynn neary has more born in Trinidad. VS Naipaul had a complicated relationship with his homeland. His grandparents were indentured servants from India. His father became a local journalist, a fate Naipaul was determined to avoid. He did just that when he won a scholarship to study at Oxford later, he travelled extensively in Africa, much of his work is about life in former colonized countries, including his best known book, abandoned the river. Early novels such as house for Mr.. Biswas are filled with humor, but his later depictions of life and former colony. These were more critical Naipaul won. What was then the Booker prize in nineteen seventy one for Innisfree state and the Nobel prize in literature in two thousand one Lynn
California wildfires claim seventh victim, still spreading
"Garcia, Navarro good morning Venezuela's? Government says President Nicolas Maduro. Was attacked but is it true, we'll talk to Venezuela expert and here in the United States President Trump and his cabinet. Seem, to be saying different things. About Russia and its interference also Facebook shuts down fake pages we'll talk to one community activists who participated in a real life protest at the White. House organized by someone who may have been a Russian agent, plus a new documentary tells the secret. Sexual history of Hollywood and it sparked a. Lot of controversy it's Sunday August with twenty eighteen all that and the news. Is coming up next Live from NPR news in Washington I'm Barbara Klein in northern California, the nearly two week. Old car fire now covers more than. Two hundred forty one square miles and is just forty one percent. Contained and is Jefferson public radio's April Ehrlich reports. The blaze has killed a seventh person a Pacific Gas and electric company. Spokesman said, an employee, died while. Trying to restore power, in a rural area, of Shasta county the? Company has almost fully restored. Power in the city of reading, which was hardest hit by the fire when it became so hot that it generated a. Tornado, of flames and smoke the. Fire flared up again in the town of French culture over the weekend the fires northwest section in rural rough terrain is challenging firefighters they've almost contained. Half the fire spending tens of thousands of acres the Trump, administration declared a major disaster in California. The declaration opens up federal funds to help. Reading recover for NPR news I mean Ehrlich NATO says three service members from the Czech Republic have been killed by a suicide bomber in eastern Afghanistan three others an American and two Afghan. Soldiers are wounded NPR's Diaa Hadid reports the three killed with. Check servicemembers according to that country's interior, minister the Taliban claimed responsibility there. Was no immediate information on the state of the wounded service members they will on an early. Morning patrol with Afghan forces when the attack occurred it took place in the Parwan province which lies above Kabul last month an American soldier was killed and two others were wounded in an apparent insider attack the director of a Syrian research facility said to be, involved in that government's. Chemical weapons program has reportedly been killed. In a car bombing NPR's Ruth Sherlock reports appro regime newspapers calling. It an assassination as ease as better died when. His car exploded not far from his home near the central Syrian city. Of how The attack was quickly claimed by the abbot Amara brigades as Syrian rebel groups some of whose members have had connections to Al. Qaeda as, butter was the director of the Syrian scientific research center which western countries including the United States say. Has been involved in the Syrian, government's chemical weapons program. The US Britain and France launched missile strikes against a branch of the. Facility in April separately in southern Syria ISIS is reported to have killed a. Hostage the group holds dozens of people including women and children as it. Tries to negotiate with the regime for the release of its own prisoners with Sherlock. NPR news buried White House national security adviser John Bolton says the US had no involvement in an explosion in Venezuela last night as President. Nicolas Maduro was giving a speech the, Venezuelan government says it was a drone attack on Madero who blames it on far right groups associated with conspirators in the US and Columbia This is NPR from news I'm Jeremy Siegel fire officials say hot and. Dry conditions fueled many of the massive wildfires burning across northern California last night in Mendocino county crews continue to battle, to massive fires known as the Mendocino, complex, which have now burned nearly two hundred fifty thousand acres. Combined officials say those wildfires are thirty three percent contained a deadly wildfire burning in and around Yosemite national park. Exploded by nearly eight thousand acres last night. Officials say the Ferguson fire is now more than eighty nine thousand acres and thirty five percent contained and the car fire in Shasta county grew to more than, one, hundred fifty, four thousand acres. Overnight and it's forty one percent contained officials say a PG and e. worker died in connection, with the blazed yesterday men though. Park fire and Alameda County sheriff's department say they're sending drones areas where the car fire has destroyed more than a thousand homes Menlo Park fire Chief herald Schapelhouman says the drones are using mapping software and high, resolution photography to create. Interactive maps of. The area homeowners if, they haven't seen with their property it looks like they can see if, their properties still there an intact and if the, house has been destroyed Chappel home and says the homeowner can send images of it to. Their insurance company Meantime, police are searching for a twenty seven year old. Homeless man suspected, of stabbing, two people at a bar station in Oakland on Friday night. The incident started around eight PM when a fight. Broke out on a, Richmond bound train which then spilled out onto a platform at the MacArthur station one victim was. Cut on the arm the other on the, cheek both have been treated at a hospital and released here's Bart police. Deputy chief Lance hate safety is a, top priority for the, police department and for the district we're deploying officers on overtime To be a much more visible presence throughout the. System this is. The, latest violent incident on bar two weeks ago eighteen year old. NIA Wilson was stabbed and.
NPR, President Trump and Trump Administration discussed on Fresh Air
"Foreign. Attack NPR Sarah mccamman has more, intelligence officials say Russia and possibly other foreign adversaries are working to undermine both US elections and overall faith in the democratic process at a, White House, press briefing, homeland, security secretary Kirsten Neilsen outlined what's. At stake our democracy itself is in the crosshairs free and fair elections are the cornerstone of, our democracy and it has become clear that they are the target of. Our adversaries the briefing on election security came as President, Trump faces continued criticism over his failure to call out. Russian President Vladimir Putin director of. National intelligence Dan, Coats says the president has directed officials to make combating election interference atop Priority Sarah. Mccamman NPR news the White. House the administration is formally proposing to relax fuel. Economy standards for. The nation's automakers the EPA says more people will be able to afford safer cars that. Are cleaner for the, environment critics. Warn the new rules week and all efforts to curb greenhouse gas emissions NPR's Nathan rot reports California which has embarked on tougher fuel efficiency standards. Plans. To sue over the federal government's, latest rollback California has a waiver under the Clean Air Act that allows it to set stricter air standards and no set by the feds, more than, a dozen, other, states follow California's lead but the. Trump administration is coming after that too with today's proposal calling for California's waiver to be revoked, California governor Jerry Brown calls the Trump administration's proposal to freeze fuel economy. Standards until twenty twenty six reckless and the state's attorney, general's office says it plans to lead nineteen states a. Lawsuit against the administration Nathan wrought. NPR news football, fans are rejoicing the NFL is back tonight the Chicago Bears Baltimore. Ravens playing the leaks first preseason game NPR's Tom Goldman. Reports although, it's a, fresh start the. NFL is still dealing with the controversy over player's protesting during the national anthem. Players kneeling or showing other signs of protests during the anthem became a major issue last season fueled. By President Trump's forays into the debate the NFL players union still haven't settled. On a final policy the, two sides are meeting while the league has temporarily suspended its directive handed down in may it. Said players have to stand during the anthem if they're on the field with an option of staying in the locker room if they don't wanna stand tonight's opponents haven't been active, in the controversy last season several ravens players knelt. During the anthem, before one game the bears didn't protest, at all, Chicago players and coaches won't say if they have anything planned for tonight but they say whatever. Happens they're doing it together Tom Goldman NPR news before the close the Dow is down seven points. At twenty five thousand, three twenty six this. Is NPR from k. q.. E. d. news I'm Jeremy Siegel relatives of. A woman stabbed to death at Oakland's MacArthur Bart station last. Month plan to sue the transit agency prosecutors have charged John. Lee cowl with murdering NIA Wilson and attempted murder in the stabbing injury of her sister on July twenty second their families attorneys say bar bears responsibility for Wilson's, death because the agency fails. To prevent thousands of favors from getting on trains every. Day cow was cited for fair vision days before the, killing Bart has not directly responded to the planned lawsuit a transit agency spokeswoman says it has launched a, multi pronged effort in recent years to cut down, on fare cheaters improve cameras surveillance on its train cars and increased police patrols throughout the system Wilson's, family plans. To hold a funeral in east Oakland next tomorrow Civil rights groups including, San Francisco's Asian law caucus. Are suing the Trump administration. Saying it. System to consider waivers, to the travel ban that bars citizens of certain countries is a. Sham cake you, reduce immigration and criminal Justice editor tikey. Hendrix has more earlier this summer the US supreme court upheld President Trump's. Ban on visitors from several mostly Muslim countries but the, ban allows for case by case waivers that would let individuals into the. Country, the class action complaint, filed this week in federal court, in Seattle says the waiver process is arbitrary there's no clear guidance on how to. Apply and so far it's led to mass denials that unfairly keep Iranian Syrian and other families apart the. Plaintiffs are pushing. The State Department and homeland security to explain the.
U.S. homeland security secretary commends Facebook action
"Live from NPR news in Washington I'm Jack Speer. Jury has been seated, in the trial of President Trump's former campaign chairman Paul Manafort he faces charges of tax evasion. And Bank fraud NPR's Carrie Johnson covering the trauma was there for opening statements today, and, one, of the, lead prosecutors in this case who's oh Sonya basically said all. Of these charges banks Bank fraud tax fraud conspiracy they all boil. Down to one single issue that Paul Manafort lied Asahi told the jury that a man in this courtroom believed the. Law did not apply to him NPR's Carrie. Johnson it's, the. First trial result from special counsel Robert Muller's Russia investigation Manafort is being tried on unrelated charges case was largely being viewed as a test of legitimacy of the molar probe top federal immigration officials went before congress today to defend their handling of the Trump administration's, policy of separating migrant children. From, their families San Joel rose explains they. Faced bipartisan criticism. For lawmakers the ranking democrat on the Senate Judiciary. Committee Dianne Feinstein of, California blasted the administration's family separation policy the Trump administration has pursued that I believe is a. Deeply immoral and haphazard policy lawmakers also raised concerns about the alleged abuse of immigrant, children in, government custody, but Matthew all atop immigration and customs enforcement official defended conditions. In the agency's detention centers I think the best way to describe. Them is to be more like a summer camp the Trump administration has stopped separating families as part of its crackdown. On illegal immigration judge has ordered the administration. To say, how. It plans to reunite more than five hundred children who are still separated from their parents Joel rose NPR news US homeland security secretary Kirstin Nielsen is commending Facebook for taking action to disrupt political influence campaign on its site saying it shows the companies taking The threat seriously Also announcing the DHS's creating a new center aimed, at protecting, banks electric companies and other critical infrastructure. From cyber threats those, called current. Defenses tortellini adequate we are, facing an urgent evolving. Crisis in cyberspace our adversaries capabilities online are simply, outpacing our, stove piped defenses international risk management center will work to identify and address potential threats and improve. Safeguards across industries consumers are more upbeat about the. Economy this month the looking six months. Down the road they're not. Quite so optimistic that's the latest assessment from the nonprofit. Business research group the Conference Board says consumer confidence this month was up three tenths of one percent that may have been a result of a strong second quarter growth figures released by the, government last, week Wall Street. Gang ground today the Dow is up one hundred and eight points to close at twenty five. Thousand four fifteen the NASDAQ rose forty one points, the Serta imports five. Hundred closed up. Thirteen points today you're listening to NPR from Acuity news I'm Jeremy Siegel twenty, people are still listed as missing due to the. Massive car fire burning near the. City of reading according to, the reading police department. That includes eleven reading residents four residents of old, Shasta three, people from Keswick in two from French gorge officials are asking anyone with information to call the. Car fire missing persons hotline at five three zero. Two two five four to seven seven. So far the blaze has. Scorched more than one hundred ten thousand acres killed six. People and destroyed more than eight hundred homes at last check this morning the fire was twenty seven percent contained the Sunnyvale city council is taking up a proposal tonight to ban the sale, of AR, fifteen style rifles. To people under twenty one in two thousand thirteen the NRA sued the city over another gun. Control measure that restricted ammunition sales in limited gun, magazines to ten rounds. That challenge was. Thrown out by federal judges Sunnyvale mayor Glenn Hendrix says his constituents want to make a. Statement Sunnyvale. Has, been. Ranked the safest city in America for the third straight year but when I'm out talking with the residence they raised this issue of gun violence in schools and, they're concerned and our students, are concerned but Craig. To lose with the pro gun rights firearms policy coalition says all constitutional rights are conferred on eighteen year olds and, this should, be, no, exception, he says it's, hypocritical descend eighteen year olds with.
Apple earned more while selling fewer iPhones
"Platform to influence u. s. politics with possible links to Russia Facebook. Chief operating officer show Sandberg announcing the rule, of. Thirty two accounts from Facebook and Instagram because what the company called coordinated political behavior is kind of behavior is not allowed on Facebook because we don't want organizations or individuals creating networks of account that mislead people about who they. Are or. What they're doing, Facebook stopped short of saying the effort was aimed at influencing US midterm elections in November. Of federal judge in Seattle is temporarily blocking the online distribution of three d. blueprints for guns the judge. Sang the untraceable weapons which can be produced on a three d. printer could end up in the. Wrong hands over it's not clear, how the temporary restraining order could be enforced because the plants. Replaced online a, few days ago and have already been downloaded thousands of, times tech investors Only got good news today. With apple reporting and beat Wall Street. Expectations NPR's Laura sydell reports apple avoided the tech, sector, sell off the, began last week, over concerns about future growth Apple's revenues were helped by. The rising price paid for an iphone last year the company introduced. The, iphone ten for a whopping nine hundred ninety nine dollars many analysts wondered if people would, pay for it in an earnings call apple CEO Tim cook said customers are most interested in innovation iphone ten shows that when you delivered great innovative product there's enough people there that would like that and it can. Be a. Really good business the company also saw continued growth in, its service, business that includes Apple Pay I cloud and apple music streaming music service now has more subscribers in the. US than rival Spotify apple does a lot of business in China and CEO cook assured investors he remains hopeful apple will not. Be affected by the trade war Laura sydell NPR news stocks gained ground on Wall Street today the Dow up one hundred eight points the NASDAQ rose forty one point Points you're. Listening to NPR from, k. q. e. d. news I'm Jeremy Siegel fire ficials say they've made progress in containing. The two fires known as the Mendocino complex the combined ranch and. River fires. Have scorched more than seventy four thousand acres and, our eighteen percent contained as. Of this morning Adrian Fernandez Bauman is the managing editor of the Mendocino. Voice these, fires started within, an hour of each other basically and they they just exploded in size over the past, few days because of the extremely dry conditions in the win but also because there are. So many fires happening across California right now said Cal fire another fire departments. Are just stretched thin and. The number of resources that you normally see on a fire of this. Scale simply couldn't get here in time because they were already on other. Buyers and it's. It's created more difficult firefighting conditions evacuation orders remain. In effect for parts of Mendocino and lake counties but have, been lifted for communities near the northern. Edge of the river fire yes Oh seventy officials say the most popular. Part of the national park will remain closed until Sunday to smoke from the massive Ferguson fire burning just miles away Yosemite valley. Was closed all visitors last Wednesday because of poor air quality. Officials have also shut down the wanna Mariposa grove and, hetch hetchy, areas of the park those closures are expected to last through Sunday the Ferguson fire has scorched more than. Fifty seven thousand acres in his thirty three percent contained two. Firefighters have died, battling the, blaze thirty six year old heavy equipment operator was killed on July fourteenth after his bulldozer overturned and Thirty-three-year-old National Park Service firefighter died two days ago after.
"jeremy siegel" Discussed on KQED Radio
"Just that includes a twenty percent pay raise they didn't get everything they wanted but aaron teachers are ending their strike katie darling of the isaac school district says she felt a sense of closure after rallying with her colleagues at the state capital over the past week i feel like we have the next steps planned i feel really motivated and i think they're going to be sorry that they woke us durling says she and her colleagues will work to collect signatures for a ballot initiative to fund the pay raise with a higher state income tax teachers are willing to vote lawmakers that oppose them out of office but in the meantime say they're excited to get back to class and see their students again for npr news i'm jimmy jenkins in phoenix lava continues to flow from hawaii's kilowatt volcano on the states big island about seventeen hundred people have been told to evacuate as the lava threatens residential areas hawaii's governor david ige has called up the national guard to help on wall street the dow jones industrial average is down about five points at twenty three thousand nine hundred twenty five the nasdaq is up six this is npr from kinky news i'm jeremy siegel to former supervisors who oversaw testing of radiation contaminated soil at san francisco's old hunters point naval shipyard are going to prison federal prosecutors announced yesterday that stephen roth and jason hubbard have pleaded guilty to falsifying reports each of them former employees of the firm tetra tech have been sentenced to eight months in prison the navy and the va have called into question tetra techs data alleging that some of its soil testing was manipulated in a statement the company said it supported the prosecution's that it rejects the workers actions and plans to pursue legal action against them oakland's mayor says the city is prepared to launch a national search for new director for its animal services division.
"jeremy siegel" Discussed on KQED Radio
"News i'm jeremy siegel four environmental organizations are denouncing a settlement reached this week between the city of richmond and chevron the five million dollar deal ends a lawsuit filed after a major refinery fire six years ago that sent up a huge amount of smoke and sent thousands to local hospitals you ted goldberg reports the richmond city council on tuesday voted to approve the settlement that does not include any safety reforms and the company is not admitting wrongdoing representatives for the sierra club the center for biological diversity communities for a better environment and san francisco bay keeper all say richmond is not getting enough money five million is chump change hand comes nowhere close to covering the damage done to richmond's most vulnerable communities that's holland craftsman at the center for biological diversity he says the deal should have forced changes at the refinery but that's that oil company playbook is to reap as much in profits as you can and disregard environmental regulations safety regulations and when things come to a head you throw as many lawyers as you can at the other side and hope that they give up richmond city manager bill lindsay says it would have been better to get more money but the city realized the law was not in its favour legal system doesn't really provide for economic damages to a municipality for something like this chevron calls the settlement of fair resolution and says the refinery has worked to address safety issues.
"jeremy siegel" Discussed on KQED Radio
"I'm jeremy siegel four boilers the generates steam at chevron richmond refinery malfunctioned over the weekend prompting an hour long flaring operation that sent toxic gas and flames into the sky it's the third problem at the winery in the last two months cake you idiot ted goldberg reports the steam generators are integral to refinery operations and an official with the bay area air quality management district says when they went off line saturday night it affected several units to relieve pressure chevron sent gas to its flares residents who saw large flames shooting out of the refinery flooded dispatchers with calls richmond mayor tom but said details were slow to come out i'm gonna talk to my contacts at chevron again and remind them that we need to find a way to improve communication two weeks ago a boiler at chevron malfunction causing a loud booming noise to come from the refinery and in early february the facility experienced a problem with a hydrogen compressor that also led to flaring i'm ted gobert qb dino's bay area playoff sports continue tonight the san jose sharks host the anaheim ducks for game three of their first round series the sharks won the previous two games and the warriors are at home in oakland they play their second game against the san antonio spurs tonight the dubs came out on top in game one next door to oracle rena the as host the chicago white sox in the first of a threegame series that continues tomorrow with a special fiftieth anniversary game which is expected to bring a capacity crowd to the coliseum the tickets were free but they've all been handed out and the giants are off tonight.
"jeremy siegel" Discussed on KQED Radio
"Jury that other parts of constant statements have been consistent and that she tried to approach cosby about the incident and the legendary comic shut her down for npr news i'm bobby allen in norristown wall street higher by the closing bell the dow up two hundred twelve points to end at twenty four thousand five hundred seventy three the nasdaq up forty nine at seventy one fifty six the s and p five hundred up twenty one at twenty six seventy seven this is npr from k q e d news i'm jeremy siegel a san francisco prosecutor is facing disciplinary charges from the state bar for allegedly suppressing information favorable to a defendant in solano county murder case kick you it is alex emslie has more andrew michael gans left solano county for prosecuting job in san francisco a few years ago after his first murder case fell apart he and members of the vallejo police department believed a man suffolk located his girlfriend but pathologist wasn't certain the death was a homicide disciplinary charges filed with the state bar alleged ganz hid the doctors uncertainty from defense attorneys and joined police officers in pressuring her to change your findings a solano county judge found as much before the murder trial which ended with an acquittal gains directed questions to his attorney who did not immediately respond i'm alex emslie katie news a terminal at the san francisco international airport will be named after harvey milk the city's first openly gay elected official mayor mark farrell signed legislation today approving the memorial at terminal one harvey milk was elected to the board of supervisors in nineteen seventy seven in surfer less than a year before his assassination milks nephew stewart who is president of the harvey milk foundation hoped travelers will be inspired by uncle's legacy for the people around the world who have the opportunity to transit through the harvey mill terminal i think this really does send that message that this community honors those who have not only lead but who paid the ultimate sacrifice the terminal is currently under reconstruction in won't reopen until twenty twenty two sfo will present specific plans to the city's art commissioned by the september i'm jeremy siegel qe news.
"jeremy siegel" Discussed on KQED Radio
"Wells fargo the trump administration may be a deregulation mode but that hasn't stopped the fed from flexing its regulatory muscles and bringing the hammer down on wells fargo the fed is capping the bags ability to grow any larger that's an unprecedented move and it's ordering wells fargo to replace four board members in a state may janet yellen said quote we cannot tolerate pervasive and persistent misconduct at any bag and the consumers harmed by wells fargo expect that robust and comprehensive reforms will be put in place to make certain that the abuses do not occur again wells fargo says it takes the order seriously and will address all of the fed's concerns chris arnold npr news feces npr from kqed news i'm jeremy siegel the actor james franco has been in the spotlight you to allegations of sexual misconduct in response his alma mater palo alto high school is scrubbing to murals he painted off its walls the pally voice the schools paper has been following this story and we've got editors my reuven and williams salami on the line hey thanks for joining us by god so williams low me how did franco's murals end up on the walls of halle high in the first place though back in two thousand fourteen the administration invited franco who is an avid the quartering contributor to alley as part of a celebration of the opening of our new media arts center and he lent several of his paintings to the school which were hung in the library and the new building any also painted murals on the walls the student center which was time during the day the students could go watching take votes in the interim superintendent has now decided to remove those two murals my rubin how'd students reacted to that yeah there have actually been a lot of mixed reactions not pally there is certainly a lot of students who are happy to see the argyle and feel it sends a message that all right sexual harassment by others feel the decision was too rash base yeah by the fact that franco's innocentuntilprovenguilty and feel about removing it starts out contradict statements william slow me are editors at pally voice palo alto high school paper they give us so much for talking with me today no problem and.
"jeremy siegel" Discussed on Knowledge@Wharton
"This podcast is brought to you by knowledge award you're listening to their knowledge at warton podcast i'm steve sharada senior managing editor and today were joined by weren't and finance professor jeremy siegel who's going to offer his forecasts for markets and the economy in general for two thousand eighteen germany great to have you back with us happy to be here happy new year happing to you so uh a lot of people would like to know what you think about where market's going in two thousand eighteen after the dow one of about twenty four percent in two thousand seventeen a lot of people would say this just not a lot more room for it to grow how much more can grow but at the same time we've had some last minute changes uh notably most notably the tax reform under which corporate taxes will be much lower so companies will be factoring that in and for some companies will be a big piled cash overseas that's freed up there is also a more liberal expensive rules which which is hoped will promote some investment so so there are some things are on the horizon and that that are coming up and that are already here i should say that could could boost the the market so what's your view on how will that plays out where you're saying only raido it's great great market in two thousand seventeen i think the stock market's going to be much more challenged as well as the bond market can be much more challenged in two thousand eighteen i i think that uh the the good news about the corporate tax reform and i think most of that was is good news was uh a reason for the runup of stock prices in the latter half of last year so kind of baked in yeah i think it's bacon i think a lot of um the the good news is is is already in there and uh i think that there're there are two things that are going to challenge the equity markets i think one is going.
"jeremy siegel" Discussed on Bloomberg Radio New York
"The business in 04 and relaunching but that was that was the history back back then so it's always been publiclytraded because of jonah's previous magazine test that some trinity behind on the company that's quite a list of heavy hitters think going from trading at a few pennies right before the the funding michael funded in 04 at sixty sense and the day they announced just these caught these people coming together i think it closed added dollar for dollar fifty something like that that steinhardt guy is an income and keep an eye on keep an eye on him the other thing that i find kinda fascinating and i think i kind of knew this about you but forgot about it you're jeremy segel's assistant warden you helped him added subsquent additions of stops for the long run you practically coauthored a book with him what on earth was it like being next the jeremy siegel during all the unbelievable and he he's a foul and hose of knowledge i just try and so could owing i'm not so lucky of when i got to in it was ninety nine so the the perfect that's when i first got toward i'd done internships at prudential sort of caught up in the tech craze you know he wrote are in our socks overvalued in april ninetynine than bigcap tech stocks are suckers bed march of two thousand i need him right after that article comes out visit on he's you know we value in his own portfolio from being gets vanguard sp 500 from the 1970s in all of his is around okay i'm telling people to sell tech stocks yet my own port flows vanguard as we 500 what should i be doing and so.
"jeremy siegel" Discussed on KQED Radio
"Without also getting something for folks were being hurt i think the criticisms you've heard this week are like look i'm okay with doing a deal this is the president now but i'm not getting enough for the folks were getting hearts of give me more by way of associated health plans give me more of the things that we know we can do for folks back home to actually help them last week senators lamar alexander an patty murray said they had reached an agreement on the affordable care act that would fund a key insurance subsidy program trump called it though a shortterm fix this is npr news from kqed news i'm jeremy siegel the four democrats running for governor next year just finnish meeting in anaheim for a forum on some major issues facing the state joining me now to talk about at his kqed's guide maserati what's up guy hey so the elections more than a year away but we've got these four candidates lieutenant governor gavin new some former state superintendent elaine eastern evan stay treasure john chung former ellie mayor antonio vera go yeah and they're on stage in front of a microphone talking about some big things that sounds a lot like a debates me her walled they're calling it a form this is a forum put on by the national union of healthcare workers so by virtue of that the questions of primarily focus on issues that the union cares about labor and health care especially and yes we could have healthcare single payer is becoming a red meat issue for progressives a sort of litmus test among democrats what did these candidates have to say about it why guess blue meat but yes i was looking forward to hearing the two leading candidates antenna governor got a new cement and former aly maher antonio vera ghosted bayview this issue very differently i thing for vera goes a you know he wants california to be cautious about having to raise in it an estimated two hundred billion more dollars to pay for a.