35 Burst results for "Kernan"

"kernan" Discussed on Squawk Pod

Squawk Pod

04:35 min | 10 months ago

"kernan" Discussed on Squawk Pod

"Their booker's two. We never have them here very hard to get him just to come out walked jamie. We're here for you. Dude it's wednesday. September twenty second 2021 spurs to a like it but it's i don't know it's ominous plano. What's coming squawk pod begins right now becky by and three two one. Good morning everybody. Welcome to squawk box here on cnbc. I'm becky quick along with joe. Kernan and andrew. Ross sorkin news just out from fives with this morning. The company expanding its agreement with the united states government by providing an additional.

booker becky jamie plano Ross sorkin Kernan cnbc joe andrew united states government
"kernan" Discussed on Rock N Roll Archaeology

Rock N Roll Archaeology

04:59 min | 11 months ago

"kernan" Discussed on Rock N Roll Archaeology

"Just he refers to himself as wild mick brown. Okay okay settle down wild all right. Let's remember a couple of. Oh i remember a couple of club. Gigs that where we saw lynch mob. 'cause you know on this thing. Of course it makes note of that georgia's not doing any vocals so votaw away lynch mob show and he has a mike unlike. Why's it got a microphone. It doesn't do any vocals. Like why is he. Got a mike. worries on the under lock and key tour where they gave him. The mike turned on. Why does as well. I mean you you got geno. what it is. I'll tell you what i think. It is because the story goes that he wouldn't let dawn played guitar on the album at all that too and so so donald part of like then you don't get the fuck and sing on this album for such bitch baby seriously. Dawn couldn't play. Because i remember reading those articles back. Then so donnie. Planning and all. I can't play They won't log. You know george just very protective of he has to play. I'm like well. There's certainly many guitars on this album. Isn't george playing them all all the parts lives. There's no way that's gonna work. No he he he doesn't done didn't play live he now done housing. It's horrible with that crap. That's on the back of the album cover. Yeah has that. I don't know when he's ever used it but he's got he just swings it around his neck like winger. Does those videos seriously. I mean i don't know all right. Let's get into the actual album discussion so back for. They tax him on november. Second nineteen eighty-seven. I would say like really in the like building up. If not there yet edey of what's that type of here metal glam metal. Whatever you wanna call pop metal right there. It went up to number thirteen of the top albums. it went platinum. How's it only platnum. I don't understand but it is. It was produced by a nail kernan. And the thing that sticks out for me is toby. Wright was an assistant engineer on this. Yeah i remember when he came out. And i remember right away that Burning like a flame was already on. Mtv by that point bill the other thing in the tracks will get to it and remember finding dream. Wars which is already released is on this so this is another one of those would end up on dirt and other albums that like people release as singles for other stuff end up on an album coming up. Yep good stuff. What one one another one more one more my last little piece of tidbit from the martin popoff. This is from don again talking about back to the attack. The back for the attack sessions were not good. I don't think it's a very good album. I think there are two or three good songs. Which were the singles. And there was a lot of filler. It's a long album and there's a lot of master batory guitar. Playing there was a lot of cocaine around. That's when the thing started with quote. I don't want dawn in the studio. Wow that's interesting coming from on that. He thinks album is not good interest. Because a first solo anchored is better than this. Because you've been close wolf. Yeah yep even. Neil kernan said because neil kurna done rage for order for queen's reich great upgrade album and he was signed up to do operation mine crime but in neil's words the dock and circus. That was supposed to last. Three to four months lasted much much longer. And i couldn't do mine crime. Wow well i'm not gonna say that. That was a bad thing because mine crime as is fucking fantastic tastic. Yup yup no comment quite on that one. Brace yourself worse than men raise yourself for a future episode raft lips. Jeff tae always fucking wrapped loops well so you could sit in the cabinet. We go watch him. Actually is the is the jeff tate version of queen's recognize the version on the crew walk. No now the better version is on the back. That is a good version of queens. Right it is. You're right like jelly. We'll be sweating somewhere else along with don dock it at a different festival stemming eleven egg begging for life all right so you guys ready get into the tracks. Let's do it. Maybe a lot of them is. They're fucking better way to start off an album..

mick brown votaw lynch edey geno george martin popoff donnie kernan donald georgia Dawn mike Neil kernan neil kurna toby Mtv Wright don Jeff tae
"kernan" Discussed on Squawk Pod

Squawk Pod

05:25 min | 11 months ago

"kernan" Discussed on Squawk Pod

"I'm andrew along with becky. Quick and joe kernan the chinese cracking down on tech companies and is taking a toll. The world's largest maker. Taiwan semiconductor has now overtaken ten. Sent to become asia's most valuable firm china's regulatory crackdown. And just the past few months slamming the valuations of tencent and alibaba while chipmaker stocks have been gaining amid the global shortage as of this morning to on semi had a market cap of five hundred. Thirty eight billion dollars. That's followed by ten senate five hundred thirty six billion in alibaba with four hundred seventy two billion dollars and alibaba shares dropped nearly five percent just yesterday hitting its lowest level since october of two thousand nineteen. So you could you joe. We always talk about whether you're missing the train or the trains left the station..

joe kernan alibaba becky tencent chipmaker andrew Taiwan asia china senate joe
"kernan" Discussed on The Cycling Podcast

The Cycling Podcast

03:56 min | 1 year ago

"kernan" Discussed on The Cycling Podcast

"Kevin dish didn't want to stop but there was a distinct shortage of tigers. If ailing worth couldn't revive the glory years could anyone a move back to kernan quickstep where he spent three of his peak years looked a long shot if only because it was the sentimental auction. Patrick lefevere it doesn't do sentimental when asked he said my heart says yes my head says no and then in early december rich crackle with a new show because several of these things. We're gonna talk about in this episode. First of all mark calendar. She was turning to coney quickstep he wrote for them from two thousand thirteen to two thousand fifteen when they were amiga pharma quickstep and then ethics.

Kevin dish Patrick lefevere kernan
Musk in the Clubhouse, & Retail Traders on the Rise

Squawk Pod

03:51 min | 1 year ago

Musk in the Clubhouse, & Retail Traders on the Rise

"Good morning everybody. Welcome the squawk box. Cnbc and i'm becky quick. Along with joe kernan andrew organ andrew. Thanks becky and of course as you might imagine. We are monitoring shares of game. Stop once again. Let's show you where things stand robinhood planning to continue limit trading. In short squeeze names today it's narrowed its list of wounded trades from fifty stocks on friday to eight. Starting today customers will be only allowed to buy one share of game stop or five options contracts. The restrictions coming after wall street's clearinghouse mandated e tenfold increase in robin hood's deposit requirements last week and we should also mention that we're watching shares of or watching watching shares watching the price of silver trading at the highest level since two thousand thirteen. If you've been on read it over the weekend you'll know the red investors say they wanna pile into that commodity and they are doing so the hashtag silver squeeze which trending on twitter last night. That's spilling over into silver mining stocks. So there's lots of impacts across poured meantime sources telling cnbc that hedge fund. Melvin capital management lost fifty. Three percent in january. Melvin capital told us last week that it had closed out those positions in game. Stop on tuesday afternoon after sustaining heavy losses. Those are the losses talking about down. Fifty three percent. Senator and point seventy two infusing close to three billion dollars into melvin capitalist week in a source telling cnbc the point seventy two slid. Ten percent in january citadel lost three percent in january as well and i. I don't know if you guys were up late last night. I was not. But i've tried to listen in this morning to some of it elon. Musk was on clubhouse the social media platform last night. And we're gonna be talking to the ceo of clubhouse a little bit later today. But vlad ten of got on and effectively at of the c. O robinhood wants started affecting we interviewing vlad about what happened he effectively re reaffirmed her reconfirmed. What he told us on squawk box last week but to hear both of them talking about is quite a thing and maybe only speaks to where we are. Twenty four take on. It would seem like what was happening. Was everybody was pushing. On whether sid l. whether there's conflicts whether citadel was pushing on them to somehow closed down because part of the dave portnoy view of the world is because citadel has this arrangement with with them and was losing money themselves that there would be a conflict there where that the regulators are trying to do this or they're trying to protect the small the small guy but in fact that robin hood was trying to protect the big guy. Nice what was really happening there and and plaid stuck relatively to the script. It's appears and again. I have not heard the entirety of it but in terms of what he had said to us last week and very much specifically to the point that clearly this is a liquidity crisis of sorts for this company. The model becomes very complicated. When there's this kind of activity in only a handful of names and that they have to keep putting out bigger and bigger deposits on these names and that if you don't if you don't if you're not a massive bank with a huge balance sheet that becomes very hard. I mean i think it's gonna be very interesting to see what happens this week with robin hood to raise the question but you can make it through this week as an independent company. I think is a fair question to ask. They can keep limiting the trades. They if they limit the trays the flip side. As you'd imagine a lot of these investors will end up on fidelity or tennessee the ameritrade or other platforms. And we'll see exactly so there's sort of push pull that they're going to be grappling. With all week

Joe Kernan Andrew Organ Becky Melvin Capital Robin Hood Cnbc Sid L Dave Portnoy Andrew Melvin Musk Twitter
Health venture led by Amazon, Berkshire, JPMorgan is ending

Squawk Pod

05:02 min | 1 year ago

Health venture led by Amazon, Berkshire, JPMorgan is ending

"The joint healthcare venture between three of america's most powerful companies amazon j. p. morgan chase and berkshire hathaway is disbanding after three years high profile. Ceo's jeff bezos cheney diamond and warren buffett had teamed up to tackle one of corporate. America's thorniest problems the high and rising cost of employee healthcare and the initial announcement of this partnership was dramatic shares of other healthcare companies tumbled on fears about how these leaders might find a way to make it all less expensive and more efficient in june twenty eighteen. Becky quick spoke to warren buffett and jamie diamond about their shared. Goals are water of ideas out there. A lot of things will be done better. We know the fraud. The administrative 'cause we overuse underuse of of of various drugs and specialized procedures. We know the end of life is often costs. Far more than should and is far more painful should be So there's so many and big data there's so many things to do but the goal is better satisfaction for employees and eventually we can learn a lot of things and maybe help inform america. How we can improve some of these things. Have you heard from aaron place. Yeah i i Addressed a group of about one hundred and thirty or so of the various. Cfo's from all our subs Just a couple of days ago and and they're very interested in the subject and the interesting thing is as we went around interviewing Large number of perspective. ceo's we didn't run into one. That didn't think that improvement was both possible At important nobody disagreed with the the mission. The importance of it or or Feasible only but it's also a very very tough nut to crack havens initial. Ceo was dr a tool galante new yorker staff writer and surgeon. You've heard him on this podcast several times. He's an expert. In how complicated and tangled the american healthcare system is. It's a maze of doctors. Shirts drugmakers guerande. Step down as ceo to become chairman this past spring as the covid nineteen pandemic grabbed the day to day. Attention of the medical community. As haven shudders most of the firms fifty seven employees are expected to be reassigned to amazon berkshire hathaway and j. p. morgan chase. Here's joe kernan. W toward toward healthcare is hard. It's hard to solve health care. I don't care who you are. I don't care if you're talking about. Yeah i don't care if you're warren buffett jeff. I just hope it's not that you know what we lost a couple of million dollars. We'd better shut this down on those three guys. Diamond was that all three of the companies. Were doing some of their own things That they had taken out of the story tapeworm. That's really tough to when you're talking about more than seventeen percent of gdp versus five percent back in one thousand nine hundred sixty san right james warren buffett and jeff bezos saying. Forget it. we can't fix this problem then. Yeah i mean we talked about how many pay three years this is going to be it. This is going to be. Our problems are over right hi talked. I talked about this on the phone yesterday. Try to understand what happened. And i think becky's right i don't think it was that they shut it down entirely because they were losing money or something. I think in many ways it was designed. I don't want to say it was designed to fail but it was it was it was designed number challenging way which was the big lesson of this was actually insurance is local. These health systems are local. And trying to do it on a national basis with with employees in all different types of locality. all kinds of different systems may very. Well be too hard. I think a lot of the lessons were learned. Have been implemented are being implemented at j.p morgan in areas like new york in columbus ohio. For example. i think you're seeing what amazon's doing remarkably actually in seattle. They're their program therefrom -ployees which also include warehouse workers not just not just executive employees. So i think there are some things that will come out of this but obviously not Not the big headlines that that had been expected three years ago when this began. Let's say amazon has rolled out a lot of different initiatives over the last year or two. I was looking at a store yesterday. That kind of laid out some of those things just the idea of amazon health. The they do it for their employees as you mentioned andrew and i think they have thoughts of of selling that other companies too so i i don't think we're going to see the end of any of these companies or any of these actors trying to get healthcare costs. I guess it's just a question of how you do that. And you're right. It is local. You you've got to do this on a local basis but healthcare costs are are not going down. You know they rise faster than inflation. It's a. it's a huge huge issue More than seventeen percent of gdp and we do have to continue to try and find a way to tackle this

Morgan Chase Warren Buffett Jeff Bezos Cheney Diamond Becky Quick Jamie Diamond America Galante New Yorker Amazon Berkshire Hathaway Berkshire Hathaway Joe Kernan Amazon Warren Buffett Jeff James Warren Buffett CEO Aaron Jeff Bezos P Morgan Diamond
"kernan" Discussed on Architects of Entropy

Architects of Entropy

07:30 min | 1 year ago

"kernan" Discussed on Architects of Entropy

"Take a step back and try to shoot at the rat attacking me. I got a twenty two to hit. You hit it right mind. Damage is eight. Okay you spin around as a rat attempts by you and you just skewer you're down a rat and then we go to date. She spins around she pulls up her little hand and stream of white frost shoots out of her hand and just freeze. Dry is another one of these rats. The gross looking rat is coming from behind so he has reached you yet so we will get back up to the top here and that will seek up so i will use a bonus action to activate my chalet and Lay into the rat that just technically sixteen sixteen for sure that will do six points of damage. All righty That will take out. Another one will bring my mother's club crashing down into its skull and squish it into the law. So that's three out of four rats that have been dealt with already making quick work of these so you last remaining smaller rats will attempt to bite zeka and years back and then jumps out. And you know that's a twenty two and three points pearson damage big mama. Rat is gonna come for that. Big dwarf seems really scary to the gross looking rat and grow slicking rat meal like the others running. Jump up by seventeen. They'll hit you will take three points of piercing damage. All right and i'll lead you to make a constitution savings through all these always go. Well sixteen okay. All right and tierney. I will shoot. At gross rats Sixteen hit sixteen hits a pearson disgusting creepy rat with an arrow for seven points of damage arabia and once again another skewered wrap this thing as skewered kind of against the wall. This could blood just kinda pussy. Roast fluid comes out of it and it's definitely a diseased rat. One little rat remains in finally razor gets to go all right sixteen hundred sixteen hits it for sure bringing down on his skull for sudden poisoning all right once again. Yeah razor finally after this rat jumped onto my son of a bitch watson. There's a bunch of squish rats around you and razor. You feel okay about that by. It's a as the dust settles on this little skirmish saggy just kind of standing back walks over to the freeze. Drat kicks it yup icicle. That's what you do. Good on thrilling. I haven't done that before everyone. Okay give me just a moment. of course. I will cast cure wounds on myself. Actually i'll do the same and say he was not hit by a rat so she doesn't instantly need healing. Kernan you okay. I'm all right. Thank you no problem. Which we do we go. There's a tunnel going off to the northwest. And there's a year going to the north. Did those rats come from any particular direction. They seemed to come from the north way. I think we should go north as well. You can give me one of those stone cutting rolls all right. It's a lot okay. i mean. Obviously this is really really poor work but you can tell just from how it's doug that this seems to be done a little more recently than the main tunnel. This recent construction. We should definitely go this right. So you guys. You had down the tunnel being very cautious. You don't notice any other. Rats in little beastie on your way but it does get very rough as you go. It's almost like this. Tunnel was dug very hastily almost like a kind of slides down in parts and sharon you especially notice or spots where it gets a little bit smaller and then it widens out almost like this is doug at a weird kind of pace. It doesn't go completely straight either. It kind of leaves a little back and forth left big rocks in the way instead of excavating them. Yes it's a kind of mess. It's almost like it was dug in haste. And you go probably about another quarter mile direction. You're going razor based on your bearings down here. It's almost like it's making a beeline to the forge. I right if you follow this. Basically goes from underneath one of the big one of the larger cathedrals and if it was to cut through temple district it would go under the forage and then go onto bread basket and then to the river so You get probably within about five hundred feet of where you think the ford should be and you definitely hear. Sounds you hear the sounds of something hitting earth at this like frenzied pace and people can give me perception roles to see if they can catch any more details from this sixteen seventeen sags all right so razor and deka definitely sounds like people digging with some kind of tool or a shovel pick or something no less than like three no more than maybe five. It's hard to tell because they're moving so fast or it could just be one guy moving at super speed at the frenzied pace. They're going and you sit and listen to for a while. They don't take breaks. You sit there and listen to it like at that pace people would have to stop every once in a while and just kind of wipe the sweat from their eyes or something but it just keeps going in the closer. You get the more desperate. It's out your about maybe three to four hundred feet away from where you're hearing the sound come from just in a straight line and it you see no light coming from the other side of that like whoever's digging down there is and total dark with six or something and do we hear any breathing hard to say you'd have to get closer because the sound of the pixes loud think. We need to investigate. Here's leading directly for the forge quietly. Yes she looks over here and just have to be careful then. It's fine i can. I can go last and follow behind you. How did you do like did you cast something. You're holding. I kept it on a stick and i'll give that to me so hannah this glowing stick and you couldn't if you want you can find a focus. It almost like a hood lantern who pick up cloth or something. Put it around and it'll kinda like the ground in front of you right. I'll just sort of us one of my letters.

tierney Kernan hannah
The Trump Treatment for Covid Is Coming Soon

Squawk Pod

06:46 min | 1 year ago

The Trump Treatment for Covid Is Coming Soon

"The president's trip for Corona virus and their implications on Wall Street in a video posted to twitter Wednesday evening president trump touted the drugs administered to him and urged federal regulators to approve emergency use authorization for two in particular regeneration and Eli Lilly's antibody therapeutic treatments. Both companies submitted requests for FDA emergency use this week beyond clinical trials very few covid patients have received these treatments to this point. Also this week, the FDA published new guidance vaccine manufacturers mandating at least two months of follow up safety data after vaccinating trial participants in making a vaccine approval before November. Third Election Day unlikely here's Joe Kernan make trump joins us now with more. Mega just mentioned to you. Something that are cashing actually wrote I think it was yesterday morning that at least perhaps to keep in mind twenty percent of what we're seeing in the stock market and the rally after the stimulus. Debate could be because of. We may have we may be getting closer to to some type of treatment. For Cove it I know you're going to talk about the president he looked. Did you see him yesterday after being diagnosed a week ago or whatever it was? He looked good and looked it looked like he was almost fully recovered yesterday Williams talking about this regeneration drug and you know he had a lot of medicines so you can't tie it to one obviously but pretty amazing I think right? Well, certainly, you can't tie to one but the president putting a lot of focus on these antibody drugs we know of course he received regenerates. Cocktail on Friday. Ella Lily is also developing an antibody in this space. Now, both of these companies have filed for emergency use authorization. We brought you that news from lily yesterday and last night just hours after that video from the president regenerate announced it had filed for emergency use authorization as well, and there are still more of these in clinical trials behind these. Now, guys will have to see how quickly the FDA acts here but the next question is going to beat the supply of these medicines. Take a look at what the companies. Have told us about what they have available if they got emergency use authorization now regeneration says about fifty thousand doses could be made available at aims to get that up to three hundred thousand within a few months. Now, one dose is one whole course of treatment. So that's the number of people they treat. Now regenerate does have a contract with the government four, hundred, fifty, million dollars under which it would provide those initial doses and the government would make them available to Americans at no cost. The government would also be responsible for the drugs. Distribution now lilly says it has a single antibody, not the cocktail approach that regenerates pursued that it's filed for authorization of it would have one hundred, thousand doses of that available in October, and it also has a combo approach that filing four. Probably in November, our it would have fifty thousand doses, the entire fourth quarter. So guys supply of these is going to be the next major question similar situation to what we saw with when Desa Vir. Hey. So meg earlier before this avenue and we don't want to rush anything obviously you're talking about. A compassionate use for whatever this this was an and with anything especially monoclonal is you need detailed phase one, two and three trials, and you need to have a a control group and everything else. So it's very important but just philosophically mega let's think about what a vaccine does. You introduce maybe a part of the spike protein your body sees it and manufacturers its own antibodies against the virus doesn't sound that much different. If you're generating similar antibodies, in vitro in in a test tube and introducing those antibodies that are already against. Against the corona virus, so I mean almost takes out a step of the vaccine where the body actually has to manufacture its own and you're just giving someone the antibodies said this morning that that's a powerful idea if you are. If you're convinced of the proof of concept that the May factor one of these similar to what the the body would would do. Naturally, this could be a game changer I don't think the trump is wrong on this. Yeah. You're exactly right. In the way you described that Joe, I mean this is an immune response that has been generated by someone against the coronavirus. Some of these are actually taken from survivors of covert nineteen regenerate also combined one of those with one. Made in its labs but it is the immune response and while the initial trials were given as treatment for patients. Similarly to what we saw in the setting of the president, he was recently diagnosed and received this treatment. It's also being tested as prevention for high risk patients who've been potentially exposed to somebody with covid nineteen, and so it is a similar idea but the problem Joe is there just won't be a lot of these available at the beginning and their feet drugs so they're not pills easy to take either. And in the president's case, it was very early on to and. You worry about that second week when the virus has already gotten to a level that causes that immune response that can be so harmful and You would have to get I assume you'd have to get this. We have we need to do the testing obviously, but it seems like president trump. Was An advantage that he got it very early on. In his treatment theoretically, if that's what if that's what caused the improvement so there's a lot of questions still, but but reason for hope I think to be you know we need hope this point after watching what's happened to the entire world right? Absolutely, and we haven't seen what's happened with the president's visual load. So we don't have all the information of course. Yeah we don't. We don't they just from appearances. All right. Thank you, Becky, you want you went in and dead I questioned to Maggie talked about how regeneration thinks that they could get three hundred million doses ramped up in the next several months, which would be great. That's almost the entire population would all of that go to the American population I know you mentioned that some of it's already been bought by the government and kind of guaranteed but are we talking about taking that and then splitting with other nations? Or what all of that stay in the. United States. So I may have misspoken they'll have three hundred thousand within a few months and only fifty thousand now and that all has been purchased by the US government. But that's why I'm kind of comparing it to the best of your situation where we were in a shortage. Yeah. So it's not going to be enough for everybody they're going to have to make decisions about who should get the strugg-.

President Trump FDA Joe Kernan Eli Lilly Ella Lily Donald Trump Corona Twitter United States Desa Vir Williams Cove Becky Maggie
Unpacking Palantirs Public Debut: CEO Alex Karp

Squawk Pod

19:51 min | 1 year ago

Unpacking Palantirs Public Debut: CEO Alex Karp

"This is squawk pod I'm CNBC producer Katie Kramer today on our podcast. unpacking Pailin, tear the high profile highly secretive software company has operated quietly for seventeen years and it's finally on the public markets. And -ticipant I I think for maybe the past ten years CEO Elon on why it it took. So long my lawyers will shoot me what I can tell you is we are very very focused on building software a longtime before other people building and how he expects to become profitable with a small, but mighty and mighty controversial of customers. Well, how can you have the Super Valuable Company? They're only a hundred and twenty-five customers to which I respond. Yeah. But one, hundred, twenty, five most. Interesting institutions in the world I would ask people who are watching this to make a list of the institutions they admire in the world, and then roughly figure out if they're using pounder that interview plus the politics behind listing journalist Joanne Lipman fits a company that is very, very closely aligned with the trump administration. There's a huge question here about what happens if trump does not win the presidency it's Thursday October first October twenty twenty the year is still twenty twenty squawk pot begins right now. Good morning and welcome the squawk box right here on CNBC. I'm Andrew Ross Sorkin along with Joe Kernan Becky off today. Today on the PODCAST volunteer goes public analytics company that is usually described as secretive debuted yesterday the direct listening selling new shares on the New York Stock Exchange covered live on CNBC how tears for trading why secretive well here is named after magical orb and Lord of the Rings. But in seventeen year history, it hadn't made much public volunteer received early funding from the venture arm of the CIA and provide software products designed to crunch numbers. One of these programs is called Gotham and it's for government clients. Who Need to organize an understand massive amounts of data. So surveillance predictive policing, possibly rooting out potential terrorism threats, Pailin tear works with US Army Navy Department of Homeland Security and it's working with health and human services to help track the spread of Corona virus case data that we just recorded. We can immediately narrow into emerging hotspot counties, notable backers of talent tear include investor, and Co founder Peter Thiel who has gotten attention for his conservative politics and support of president trump in the two thousand, sixteen campaign. Evening. I'm Peter Thiel I'm not a politician, but neither is donald trump as well as his work technology companies. He was facebook's first big investor other pollen tear backers include wall streeters like Hanlon and Stanley Druckenmiller when talent tear filed paperwork with the SEC to pursue publising listing earlier this year it's called the swan event is finally got a sense of the books turns out pollen tear had never turned a profit and. A, huge chunk of its revenue came from its three biggest clients which are anonymous in the first six months of twenty twenty. It's revenue of nearly half a billion dollars a big jump from the year before this was addressed by pollen tear CEO, Alex Carp investor roadshow, which true to carbs personality, and true to the weirdness of twenty twenty was virtual and started on cross country skis. Welcome to Powell, tears investor day. We're very proud to have you here. Carp is an Orthodox for a CEO. He has amazing curly hair. He uses the modifier super allot super cool and speaking to potential investors. He made the pitch for the importance of Pailin tears purpose. This way of looking at the world war literally savior situation and in many cases Save Your Life Allen to has moved beyond. Just government clients fifty-three percent of its customers are in the private sector big name businesses who use a software program called foundry include Airbus Merck Ferrari and United Airlines but it's work for governments here and others around the world stuck to its reputation allentown faced criticism from privacy groups and for its work with the US Customs and border. Patrol. Tracking immigrants at the border. But Carp in the company not backed off in. That s one filing the leader of this highly valuable tech uniform said, Pailin tears work is different in his view software missions to keep safe may have become controversial but companies built on advertising dollars are commonplace and carp took aim at big tech culture directly writing quote our company was founded in Silicon Valley. But we seem to share fewer and fewer of the technology sectors, values and commitments. Helen tear moved its corporate headquarters to Denver and its shares headed to Wall Street. If you think, we are going to change our internal culture drastically if you think we're going to work with regimes that are not allied with the US enter abusing human rights if you think. that. That the future is going to be a super rosie place where the past ways of supplying software are going to work because enterprises and governments do not need to be reformed you should not invest in pounder. Andrew. Ross Sorkin has interviewed Alex Carpet number of times. This conversation was reported Wednesday yesterday right after the first trade for here on the New York. Stock Exchange. We've had lots of conversations over the years. This has been probably one of the most highly anticipated offerings or listings in a very long time. Almost every year that we would talk in Davos I would invariably ask you are you going to go public? Are you gonNA list and invariably you wouldn't. So let's start with why now? Well, first of all, thank you for having me and I and I really would like to thank all the pound tyrians who stuck with us and built this company and our investors you're stuck with us and you know over the years we've been skeptical about listing and for lots of reasons, we really needed to build our products. With enough protection so that we would be ready to launch them into the public space. And we built we built out PG government and foundry product and and built a way to maintain them so that we wouldn't have to scale the number of people and. You know we've reached a base where where our company's very significant and we believe being in the public space will help us with our clients and help us grow and quite frankly I believe the people apparently who built this company over seventeen years. Deserved a access to liquidity. So we we decided this would be great time for us and so far. It's been a really interesting process and and our clients are embracing it. So it's a really good time for us and I'm very, very grateful. Outlets. The single biggest question that investors ask about this company is seventeen years in while you know may have an operating profit, the company unto itself is still not profitable. So so walk us through what the path to profitability looks like. Well, you know we build these products years before people build them, and that takes money and what you see in the cove it pandemic crisis is we had built this way of going to market with foundry, which would allow us to literally supply an enterprise with a completely new stack of products within six hours and maintain them. And what you saw when we did that is we grew the company forty, nine, percent, forty, nine percent off of a seven, forty, three base and the divergence between expenses and in growth is dramatic. And we're just going to be very very focused on on an invigorating, our software offering. But when you're growing forty-nine percent off of a seven forty base. I think that's a pretty strong indication of what the future could hold and we're super proud of that and I think you're seeing that people are taking a look at our financials and our our company is often been used viewed as complex and. Needing explanation both moral and financial but it turns out our financials are quite simple and you look at this dramatic growth with flat lining expenses and I think that gives investors comfort and it certainly makes me feel as. Co Founder and CEO that we made the right decision to invest heavily over well over a decade in building software, the way other people don't to build it and you see the results do you think the profitability is at twenty twenty, two, proposition twenty, twenty, three proposition can I put you on that? Well, you you can push me but of course, my lawyers will shoot me I can tell you what I can tell you is we are very very focused on building software a time before other people building, supplying it and I think that are year I. First Half of the year growth will be reflective of the future and if I'm right. That will answer all of your interesting questions and we'll be interviewing. You'll be interviewing me again maybe not a Davos but virtually, and we'll see how we do. Confident confident we'll do well. Alex, one of the other questions people ask is how to comp your company meaning what are the comparable should this be considered a technology company as SAS company or should this could be considered a much more traditional consulting company? Can you speak to that? Well I think what the investors are seeing is they're asking the question at this point they used to ask is this is this a company that built software for the government and how do they build it? Of course we always sold this as a license. Then they saw our margins of the first half of the year round eighty percent. So I think the real debate now is. Move significantly away from is this software services because although people think we're very smart, we're not smart enough to get eighty percent margins off of a services company. The question then is, how do you comp it and honestly I think that's something investors will have to figure out. We're not focused on that we're focused on we are going to be the most important software company in the world. And people will figure out what valued over a long period of time and we're very comfortable with investors toying around it could be like this. It could be like that. We are going to deliver the best software. With the morals most efficient way of delivering it investors will decide what's that. What's that were is worth to them and I think you'll find a number of years that will be a consensus. Palette. Here is a truly special software company that is arguably the most important software company in the world. Alex has everybody knows You have contracts with various government agencies, obviously and some of the bluest of the blue chip companies in America today, but it's a concentrated list of about one hundred and twenty-five companies. About Twenty eight percent of the revenue actually comes from three of those clients unto themselves. Two thirds of the revenue comes from the top twenty. How much of a risk does that pose on one side but also when you think about the opportunity on the other, if we're having a conversation like this in in twelve or twenty, four months, how much do you want that list to increase in size or do you just want to keep that group effectively and a effectively raise the margin or cost for those clients? And grow that business. Well, we want to do all the we're going to do all of the above. So interesting about our client list people people ask, well, how can you have the super? Valuable Company they're only one hundred and twenty-five customers to which I respond but one hundred and twenty-five most interesting institutions in the world. These aren't just any institutions. The literally, I would ask people who are watching this to make. A list of the institutions they admire in the world and then roughly figure out if they're using, we don't go out and advertise our product, but I would say the list of our clients is the single most impressive institutions in the world I've ever seen we. So we want to keep these clients. Also investors will of noticing in the one that well over ninety percent of our growth in the first half of the. Year came from our existing clients. What does that mean our existing clients? The most important clients in the world are really happy that's what it means. So of course, we're going to expand those really happy clients who happen to be the coolest people on the planet, and then we've built this product which has gotten very little attention called Apollo Apollo allows us to maintain and deliver software to any number of clients with essentially. Not growing our our force apparent and force at all. So we're planning now that we have Apollo to grow the number of super cool customers all over the world, and we can do it without raising our headcount, and so what you're going to see is we're going to continue building with our clients why they're the most interesting clients in the world and they clearly based on our numbers like us and some of us. We are going to expand our client base. Why? Because now with Apollo, we can deliver the whole stack in six hours. I don't think any other company I've ever seen in the world can do that, and we can do with efficiencies that I don't know any other companies going to do because we can do this with a small number of people sitting in our office that we have maintaining, updating and providing them with new products we built. So they don't have the Frankenstein monster that takes two years to build and has to be maintained with either human hours like in the government contracting case or by purchasing new product or compensating sales people or behind. It people you don't even talking to you can actually buy one stack. So we are going to increase revenue with current customers, get new customers and continue our march. Alex how easier heart is because I know you've talked about trying to keep things in in terms of the platform if you will how he's your heart it for four clients to leave in terms of the churn. Well, as I mentioned, ninety, five percent of our revenue comes from existing customers. So customers, obviously if a customer wants to leave they, can I think the main reason our customers stay besides the fact that the output is very significant as they look at this product, we supply foundry the average customers paying less than six million dollars and they compare it to buying twenty products paying ongoing licensing. Fees. You can't get out of or building something over years, and the last thing they compare it to is we're not delivering a roadmap. Most people are living roadmap of what are you going to get in a year we're delivering a product after six hours so customers can leave. But what you see in the numbers is they by and large don't, and it's not because of my charming personality. Alex well, let me ask you a different question. We've had lots of fascinating geopolitical and philosophical questions about the role of technology and Pailin tear itself as well as the approaches silicon valley has taken. I'm curious in terms of risks how you think about this Amnesty International as you know, criticized, the company recently for its role of working with ice. How much of that does that pose a risk to the larger business? Especially, the corporate business at a time when we have corporations at taking both political positions and also being oftentimes being socially at activist. To Your Business Well, look the fact that we take positions that are sometimes controversial can cost. US clients. But it also gets us. Clients because when we talked to a client and we say look we're going to work with you. We're not gonNA walk away just because the winds change and this is super important especially to our government clients if you're supplying special forces and army and the US, those clients have to know that they will not be left on the battlefield. Because a because Silicon Valley has decided they don't like the warfighter. So of course that costs revenue many of our decisions of cost US revenue we only work in certain countries we've walked away from work because if human rights issues we've said, we disagree with very prominent human rights organizations and we engage in dialogue but also by the way is a reason why I Think people who are watching this may consider investing or not investing. We are not going to stand up here and say we're for everybody we're not going to pretend, and by the way we're going to try avoid jargon. We will actually tell you what we think it's not going to be created by fifty media people it may have to be carried by a couple. Of Lawyers but one of the unique things about power tears, we actually say things and we actually stick to them and that's something not everyone likes but many of our customers do and by the way I think it is a reason why ninety five percent of our revenue comes from customers because when we tell them, we're going to deliver we are going to deliver. Alex. One of the other questions now you all republic company. But as you know, you have three tiers of stock classes of shares that is and to some degree there have been critics who said, this is effectively a private company masquerading as a public company. Can you speak to the decision to structure the shares the way that they are structured and how governance experts and folks should think about that I think it's important for government experts to look and make an deliver opinion but I would also ask them to consider the environment we live in pound tear has been in silicon valley up till recently for seventeen years and in silicon. Valley. Defending the. warfighter providing our troops with technology that allowed them to come home is very controversial. I do not believe a company like ours that makes really consequential decisions for government clients and non-government clients could be run without an F. share structure and I understand there's criticisms investors look and say, well, why should talent you're having F. structure? What is my? What is my what? What can I do if? I don't agree with them. The primary reason why we fought for an structure and we asked investors to buy into it was we need to be able to go to our especially our Intel and defense clients and say, we will not just blow with the wind. And does shares for a company like ours gives us a unique ability to have long-term commitments to the most important clients in the world, both commercial and government, and that's why I believe they're super important, and I also again would encourage people if that's not something you're comfortable with there are many shares to buy. We don't have to buy challenge your shares. You should buy shares knowing that these shares reflect our views. Alex we've often had these conversations in Davos where globalization has ruled the roost but as you know so well, the world seems to be shifting to a globalized world, a splinter net if you will. How do you think long term that will affect the business of here We made this decision, which is actually a secret only because no one believes it's true which is that we didn't solve the problem of fighting terrorism. We solve the problem of doing data protection and fighting terrorism, and the architecture we built both PG and for foundry will allow a super set to work with subsets, which means if the world's splinters and every country has its own jurisdictions, it's GonNa be very hard for normal software companies because they're not built to do that but it's going to be very good for Palette here and finally Alex. Decision five years from now today. How would you measure success? Here, what would be the metrics which measure it? We know they're there obviously financial metrics but I'll tell you Powell cheer has recruited and retained I believe the most interesting most talented most ethical people I've ever met and we work I've interacted with thousands of institutions and in five years when meet I think he'll say to me. Wow, that wasn't just you saying that because it was the right thing to say it's actually true. And the products that will build over that period we'll we'll. We'll be unique and they will tilt the course of history. In favor of things that are good and noble. And will not avoid the complexity that's necessary to do that outlets. Carpool. You lots of luck and we do look forward to having that conversation hopefully in five years. But hopefully sooner than that. Thanks so much Alex.

Alex United States Silicon Valley Davos Twenty Twenty Donald Trump Andrew Ross Sorkin Carp New York Cnbc Powell Joanne Lipman Peter Thiel Gotham Us Army Navy Department Of Hom
"kernan" Discussed on WIBC 93.1FM

WIBC 93.1FM

02:40 min | 2 years ago

"kernan" Discussed on WIBC 93.1FM

"Thousands paid their respects the past two days. The Democratic civil rights leader will next lie in state in Atlanta before his funeral in Georgia tomorrow. Lewis died earlier this month. At the age of 80. America's listening to Fox News like www. PC Mobile News on the level on the go remembering Joe Kernen sunny and 78 downtown. I'm Kirk Darling, Here's what's trending at 10 02 bona fide American hero and selfless statesman. That's how the current Indiana governor Eric Holcomb, referred to the 48th governor of Indiana Joe Kernan. Kernan died early Wednesday morning he had been battling Alzheimer's. So you're one of nine Children you learn not to waste to think. I should be the same for state government. It's why Lieutenant Governor Cathy Davis and I are overhauling state government from top to bottom. Kernan speaking. They're in an old campaign advertisement from 2004. He retired from politics in 2005 and worked as an adjunct professor at the University of Notre Dame and in his own consulting firm as well. Kernan was 74 years old John Herrick, 93 w Y. B C Mobile New mail in voting is dangerous, says Vice President Mike Pence in case after case around the country where they're been prosecuted. The president spoke about New Jersey. We've seen it in other states with mail in voting. You don't have to apply for a ballot beforehand. Like when you go absentee, Penn says that opens the door for voter fraud. Governor Holcomb being sued by three Who's your landlords in federal court? They claim his moratorium banning evictions and foreclosures during the pandemic is unconstitutional, both on the state and federal levels. Schools in the Great Lakes Valley conference like you, Nd are having to move football, volleyball and soccer to the spring because they're considered high risk sports for Corona virus. I'm Rod Comet. The number one priority for us is to make sure that we keep our student athletes healthy and safe, So I do think that this provides us the best opportunity toe to provide that for our student athletes. Scott Young, the director of athletics at the University of Indianapolis, says the athletes were upset when they got the news, but the remaining positive They're just glad they can still compete in the spring. Rob counted 93 WNBC Mobile News, a successful test of an IndyCar for seven time NASCAR champion Jimmie Johnson on the road course at the Indianapolis Motor Speedway Tuesday. He told NBC sports the test exceeded his expectations. Johnson will retire from full time NASCAR competition at the end of this year. I'm Kurt Darling on the level Undergo and on Twitter at 93 W. Y b c and w BBC dot com Teno four. Back.

Joe Kernan Governor Holcomb Lieutenant Governor Cathy Davi Jimmie Johnson NASCAR Joe Kernen Kirk Darling Rob Indiana Vice President Fox News Kurt Darling Lewis Indianapolis Motor Speedway University of Notre Dame Atlanta Alzheimer Mike Pence Georgia
"kernan" Discussed on Squawk Pod

Squawk Pod

04:18 min | 2 years ago

"kernan" Discussed on Squawk Pod

"Earlier this week, the governors of the tri-state Area New York New Jersey, and Connecticut announced that visitors arriving from states with surging coronavirus numbers will be asked to self quarantine for fourteen days or face fines. Here's Becky. We welcome Governor Phil Murphy from New Jersey. He's. He's been watching his state open up after four long months and and governor. Thanks for being with us this morning. When you get out there, you really start to see people who were back out in restaurants again going out shopping out of beaches and parks and a just wonder as you watch this. If you worry that, we're going to see a rise in cases, and what numbers you're watching how you're measuring this to decide if we're doing this the right way first of all, it's good to be back with you and we do worry. Which is why we've been taking this in very specific. Phases in terms of reopening. Outdoors is a lot less concerning than indoors. That's not to say there aren't concerns outside, but the the concerns pale in comparison to say inside lacking ventilation sedentary close proximity. That's a bad. Those are bad characteristics for this virus. The things we look at most closely in terms of our guides are rate of transmission. If it's under one that means less than one other person is getting infected if they're in contact with someone who has got the virus. The spot positivity rate, meaning what percentage of folks getting tested are actually positive for covid nineteen, and thirdly as new hospitalizations, those are the three here and now data points. We look at a lot of data, but those are the three that matter the most we have seen things. Get a little out of control in states like Texas. Florida Arizona, even California you're starting to see some real pickups in these things and we spoke with Dr Scott. GOTTLIEB I know you're familiar with Scott and I'm well. He said that contact tracing is not being done very effectively in a state like Texas. They don't know why young people are getting it. These states are really doing. Very good contact tracing where to isolate the source of the spread. They think it's congregate settings where young people gathering because young people are the ones who are getting infected at a higher percentage, and so they've. They've identified the bars. And most of the people, apparently most of the people who are presenting sick, the young people preserving sick have identified that they've been in barbies. Lay or a lot of them when I talked to the physicians, but they don't know for sure qepared. Are you in New Jersey in terms of contact tracing? Try and figure out if there's a spike in cases where it's coming from and what? I can't. I can't speak to the specifics of Texas Scott is a great guy and has been a great adviser Jersey Guy by the way. We have we have since day? One remember none of us at any of this at the beginning, so what if you're looking for a source of comfort, folks or silver lining its testing tracing plans? Ties isolate folks who have the virus. We had none of that as a country or state three or four months ago. We now test him the top couple per capita states in the nation. With the great help of Rutgers, our flagship State University. We're adding meaningfully till the already nine hundred contractors we have. We hope to get up over two thousand within the next couple of weeks. I hope and believe that our approach will be effective. Again our numbers have gotten notwithstanding the loss of over thirteen thousand people. It's hard to believe we've lost that many in New Jersey alone. Our numbers have gotten dramatically better, so we've been able to do the contact tracing up until now at least with local and county tracers. We have nine hundred of them on the field so far so good, but we WANNA. Make sure we've got a capacity that looks like our testing capacity. Just in case and I think we all have to be prepared for this. We hope for the best, but prepare for the worst that this is going to flare up. And we need that tracing infrastructure in place. anecdotally again, it's far more concerning inside than outside. At least a New Jersey I can't speak for Texas. That's where our biggest concerns are governor.

Ross Sorkin Joe Kernan NBC Becky
Department of Justice VS. Big Tech

Squawk Pod

05:40 min | 2 years ago

Department of Justice VS. Big Tech

"This week, the Department of Justice, unveiled a proposal to Congress with recommended changes to section two thirty. Patients Decency Act of Nineteen ninety-six dry, though that may sound, this legislation is critical to the way Internet. Companies and social media moderate the content on their platforms and avoid legal retribution while doing so it establishes Internet, companies as platforms rather than publishers, while still allowing those actors some say over what posted there recode went so far as to call the legal backbone of the Internet. The DOJ's proposal suggests rolling back part of that backbone, specifically, the immunity shield that protects Internet platforms from liability for the content posted there under section. Section two thirty, as it stands, the facebook's and twitter's of the world reserve the right to moderate anything they find obscene, lewd, excessively violent, harassing, or otherwise objectionable among other things. The Department of Justice Recommends Removing that phrase otherwise objectionable on account of being too vague. This is all in the wake of president. Trump's spat with twitter last month after the platform started to fact, check for other users, his tweets on voter fraud that culminated in an executive order from the president, seeking scaleback of section, two thirty and the protections vines. Thank you very much. We're here today to defend free speech from one of the greatest dangers. It has faced in American history. Frankly we'll have awful social media. Monopolies controls invest portion of all public and private communications appears Joe Kernan with today's story. Join US as a niche, Chopra, the former White House chief technology officer under President Obama current president of CARE Journey, a healthcare analytics firm a niche. Last time you were on and that that wasn't the only time you've been begging begging for the industry to figure out how to do this with stakeholders in mind, and how to do it themselves to prevent something like this and they just I. Don't know they just have not and now this is this is what you're seeing. It's a baby step which. It's not going to become law. Do you think that, but but it just shows? Something's going on here. That, they should have tackled it themselves already. Well, you know it's a twenty five year old piece of legislation, and it's kept the industry in a reasonably strong wedding. It's an Ottesen success story, but it was designed originally to give safe haven room for the industry to do more to protect consumers. And we see today. The challenges misinformation even amidst the pandemic challenges. Ron Election fearance and even obviously historical challenges run a terrorism and content around that we have to see the industry do more I will say several former colleagues of mine have now launched her professional society, getting the safety professionals in working on the ground in these companies to come together to share best practices, but we have do more to bring responsibility in these environments, and the industry can do this on its own in the debate now is. Does there need to be some baseline? standards requirements in that's going. Going to be a healthy part of the discussion. This piece of activity we're seeing here is more akin to political theater, but forward I. Think there is going to be an opportunity for a thoughtful discussion around how to set the right rules of the road for the next chapter of the Internet politically. It's hard to figure out who's where I mean. It's bizarre. It's like there's there are some strange bedfellows here. The DOJ looks like it's trying to thread the needle between extremes and find some middle ground like leave the section two thirty in there, but but make certain things. For example criminal than that would give you. Carve outs had, but then you've got someone like Vice President Biden wants to just get rid of section. Two thirty right because some people seems like the left is worried about election. finagling and the rights worried about conservative groups being kicked off of twitter or facebook. So you know it's bizarre, can you, can you? Describe the landscape to me just to give you a little perspective if you. If you agree that there's a problem there's information online that's propagated. That perhaps is doing more harm than the question is. Do you want to see more engagement to bring some of that information off or as you want to see less and I think that's the divide that you saw you think of the good, the bad and the ugly coming out of the DOJ report the the bag if you were to think about if you believe that there should be more misinformation, less a moderation of than you might embrace some of the provisions in the DOJ report that say look unless it's absolutely. Criminal or very specifically you know narrowed. You can't really moderate I'm not so sure. That's where the majority of American people are I think the majority American people want to have honesty in our elections other want to have some consistency experience with respect to how a misinformation propagated and to me, that means the industry should do more and I think when you're a politicians on both sides of the aisle. Bring this issue up the premises in part get the industry of move, but it's also to say failure to move is gonNA. Require us to. To set some baseline rules. You've seen this in the privacy debate where there's now almost bipartisan movement around establishing baseline fair information practice standards, so we have privacy protections on the Internet how we get there and finding a piece of legislation is GonNa. Take some time, but at least there's some rough consensus in this area. The political parties seemed to be at odds on whether we need more moderation or less I'm on the more

DOJ Twitter President Trump Department Of Justice Facebook Vice President Biden President Obama Ron Election Fearance Congress Joe Kernan United States Donald Trump Chief Technology Officer Chopra White House Executive
AT&T CEO John Stankey on the launch of the HBO Max streaming service

Squawk Pod

07:51 min | 2 years ago

AT&T CEO John Stankey on the launch of the HBO Max streaming service

"Joe Kernan. Kicking things off with John. Thank you this morning on Squawk box. John Thanks for coming on today. It's great great to have you with us you me on. I know you have high hopes for. Hbo We all know HBO. Obviously it's synonymous with some of the greatest things ever on video. Obviously game of Thrones Sopranos etc. You WanNa take on Netflix. And I understand. I think that's interesting because I don't know whether it's true or not. But supposedly someone said maybe we should have some kind of alliance with Netflix's someone suggested that you and you said we want to crush Netflix's Adams John you want to replace net flicks or at least be a very potent competitor refrains US Navy. Some on what I would call not accurate reporting on the New York Times Are hellacious is going to multiple streaming services knowing forward in pretty consistent. I think if you look back over the last year of domain around my conversation that our goal frankly is not to be. Netflix's our goal is to be something different and there are other senior services are starting to show up on the market that clearly different ease for the customer. Hbo Mass is going to have a unique focus in a unique position with the customer in play our game. Our goal is at crush flights. Our goal is to make sure that we meet customer needs engaged every day household. Find something worthwhile in time with us. And that's what we're GONNA see foes I guess they didn't so that was in the New York Times but that was that was not accurate according to so that. That's not a quote from you that that's interesting Anyway but I I guess the reason I led with that John is that I think about net flicks and everything. That's there and from documentaries to movies to programming that they generate themselves. That is a big universe of things that they have how will HBO? Max and I just said you're not going to strive to be everything to all people but you probably do need to add some things to the offering to make it so attractive that people have it in addition to the other streaming services absolutely a clearly customer Nanna. What's current as from kind of traditional media through the pay TV bundle and general entertainment content coming into the streaming world has credible number of choices of what to do with their time and then he going all dynamics in the digital environment about France capabilities to good use generating content? Like there's no question. There's more choice after today than there ever has been in paradise choices. Feel Max Niece resolve needs on the customers. Says you know I'm looking for something? That is this particular need of where I stand right now at my mood or my family situation that it's the first thing you think about that. I can go and no one wanted to find something. That's curious down. Who in meaningful selection of high-quality is Gonna? Hit the mark for me in the consistency. That happening time and time again clearly. The a hallmark more for the bran and for the service. And that's what we believe where you will focus on a more carried. Orderly got such a talented team. It warned me be do dat curate in that fashion just doing it for the demo outstanding the entire family. And you point out that that it's it's not much difference in price from what people are paying for now with with. Hbo So you have done some surveys. And what you saw one out of five people might decide not not to go with with Max. But it's not not much of a difference between just converting what they have now into HBO. Max Oh you don't you. Don't see any churn in that respect a difference were selling at that price day with just the HBO product which is a product that has half as much content is what HBO. Max New Offering Margaret. So you twice content same price and I think if we're seeing all of us everybody who's in the streaming business utility matter fact increasing during these unfortunate moments going through right now at this pandemic that's increasing dramatically so the performance of house value arrive actually increasing as a result. So you know our job is to make sure. The customer finds the equation to be done that for over thirty million customers with a long period of time in our goal is to extend that out beyond the family. I think we've got a really strong probability Andrew John. It's great to see you this morning. And congratulations and good luck on the on. This launched the question. I have two questions. The biggest I think is a distribution question. Which is and. Maybe you can explain what's happened with the likes of comcast parent company of this network. Amazon and Roku which a stoically with been strong distribution partners for the HBO product but are not on board at least from what I understand at the moment with HBO. Max and what that does to your reach a Bra List and distributors who are working with us the traditional and the market is the pay TV. Marcus actually signed on going to carry four. They're going to be successful years with. Hp Amax just like they were HBO along the providers doing that. Frankly you mentioned your parent company I'm optimistic still opportunity for something to be on there. I suspect that there's an opportunity that need other pay. Tv providers are given the vast majority. The ECO system is a likely become interview just useful. Come her moving forward. I think the interesting dynamic you're alluding to is Roma who Amazon at this point elected mocked distributors. I got and I didn't expect first of all have distribution across the entire race. I think must be doing something rightist. Somebody believes now to be more in conflict with your business so I don't necessarily take a bad sign but I do find it a bit ironic when I think banning litigation heard prior to the Time Warner eighteen transaction closing the concern was about withholding content from traditional distributors. And what we have now. We actually have dynamic where we have. New Technology viewers individual H. Who are likely not student and I think that dynamic is an important one understanding shows fast. The market's moving how we got to respond to those changes. I just to follow up with one other question which relates to this which is speak to the marketing challenge which. I think there may be one in terms of getting people to download the APP because some of these cable operators aren't going to necessarily be carrying it as an on demand on the box if you will so so what has to happen given that you do have these multiple brands and getting people to understand that they need to actually go get this. Get this particular product. It's a good question this

HBO Andrew John Netflix MAX New York Times Amazon Joe Kernan Time Warner General Entertainment United States Comcast France HP Marcus
"kernan" Discussed on The Coaches Corner

The Coaches Corner

07:52 min | 2 years ago

"kernan" Discussed on The Coaches Corner

"In today's episode. I really want to chat about how to build how to create how to be more confident. How do you create that confidence? And this is going to be fairly short and sweet and it's really just one idea and one exercise that I want or that. Invite you to try on for the week. That will help you. Build unstoppable confidence and over time You know that conference will shine through now. I think it's fair to say that confidence really lies at the heart of success and why I say that back up here is I believe the more confident we can be the more confident we become the more confidence we have. The more action will take the boulder will be more risk we can tolerate more risk will take the if you're going to be a leader if you want clydes if you want people investing in you it's also extremely important to have confidence have conviction if you are to lead people if you were to help people you have to have that confidence now. I'm not talking about a fake type of confidence of like well. I know everything and I'm the best. I'm not talking about that kind of confidence. There will be times where you're coaching client. And you don't know the answer. Confidence does include saying. I don't know but I'll find out for you so I'm not talking about this fake facade of of well. I'm so confident the best because that does not. I'm not talking about that. I'm talking about true confidence confidence that you know you'll be okay. No matter what you know that any problems that come at you you can solve them. You know that whatever ever happens you will find a way. You will make way out of no way. That kind of confidence is truly I mean. You'll become unstoppable now. There are many exercises in tools and techniques. And I've chatted about many of these that I do regularly but I realized or not at the heart of it. But things like visualization or visualizing. How you want to be or creating who you want to be extremely important and it's a great Great tool or it's a great. It BUILDS CONFIDENCE OVER TIME. Things affirmations and like all of these great tools and techniques mark into them in this episode because I believed that they're not the most important. I believe the most important thing for building. Confidence is a simple idea. That confidence isn't built by seeing small successes. I think that's mentioned or talked a lot about like. Oh we'll just see small wins and you build you build confidence and I agree with that. There's truth to that but aren't take one step further of successes bill when you fail and you realize you're not daddy you realize you're still alive and failing over and over and over and becoming stronger from an asking the question. How can I learn from this and realizing you're not dead yet? You're still here. You're still taking your heart still beating and by getting up by doing in other repetition. You build confidence. I think the idea that you've got to succeed before you become confident is is backwards thinking. We're waiting to see successes. Small wins small successes. And although I'm all about counting. The small wins Super Important for building success. I think it's fair to say that you will fail more often than you succeed. And so if you're basing confidence on those small successes waiting for that that surge of confidence from them it's a much longer path to confidence then looking at the failures and say hey. I'm still here. They said this about me. I'm still here. They did this to me. I'm still here. I failed in embarrassed myself and I looked like an idiot. I'm still here ready for another round. Let's go and I truly believe that. Come from experience because I failed way more than I care to admit and I made myself look idiot. Way More than a caterer and I made stupid mistakes and I've embarrassed myself and I've made costly mistakes Both financially and through energy through decisions and choices that took a while to bounce back from but I don't know where I picked us up in the early days but I just looked at that failure and almost kind of get excited about it. I'm just like I'm still alive. I made it through that. Let's go what else can throw at me. What else you got. Bring it because I can handle it in over time. You know you'll you'll have confidence levels that that that you're unstoppable and what I see a lot of the advice that's given a lot is success builds confidence and just do not agree with that a fully of course success builds confidence but the longest pat. If you waiting to see a success you may be waiting. You might fail. Twenty thirty forty fifty one hundred times before you see a success and if we're seeing this failure as were beating ourselves up over it it's going to take forever to see that big leap in conference. So here's my challenge to you. Start counting your failures. The rejections the knows this snickering. The laughing the what we consider failure and start counting in every time you see one which I hope every day or multiple times a day. There's been many things that I've launched have not succeeded. The ones that have succeeded. You pay a substantial amount. They completely overshadow the failures. But if you start counting these failures as yourself two questions really. What can you learn from the wreckage? Learn from it. And what can you change moving forward and then look at that failure and say I'm still here? I can wiggle my fingers. I can wiggle my toes and breathing and here. I'm alive and celebrate your failures. I know that sounds backwards to allow advice. We see because it's all kind of fluffy and motivational in positive than I'm all for that but ignoring this to me is insane so again my challenge to you is right down all your failures every failure you've had and every failure you will have and I hope there's a lot of this week because through those failures you find success. I don't know what the ratio of failure to successes. I'm sure it's different for me but I know for me. There's a bunch of a bunch of videos a bunch of poses a bunch of blogs. There's a bunch of different strategies and tools and and things I've tried that have completely failed. And of course you only see the ones that succeed because other ones were little ones that built. Traction those are the ones that people like in share. And listen to and you know. Become a part of so. Don't don't be you know. Don't look at the people who are succeeding around you. And you'll only see the highlight reel and oftentimes like don't mask. The failures tried to mask them but of course the successful projects are the ones that bill traction. So that's the ones you generally see from people but behind that Kernan lies so much failure and if we can learn to build confidence through those failures we can do some incredible things. And that's really the quick message..

Kernan
"kernan" Discussed on Oil and Gas Startups Podcast

Oil and Gas Startups Podcast

11:22 min | 2 years ago

"kernan" Discussed on Oil and Gas Startups Podcast

"Yeti no the thinking behind it today. How we got an admirable though right right really really really cool used cars and what had happened with that. Startup is well. It's two things one. We had hired a so. I knew how to do databases from my time at Exxon and kind of working with data. We had no idea how to do web programming and so we hired a firm here in Houston to do the web programming and they did exactly what we told them to do which is not what we needed them to do right so we very quickly realized at whatever. Our first iteration of this product was was not ready for market or it wasn't sellable. I mean we just start up. One was supposed to be like an auto trader competitor. Kinda Actually. So the yeah. The idea was more truecar. Okay you know it actually came out at the same time as truecar. Roughly they give you a range of prices so we were thinking around. Used cars prices. One thing that truecard as well I believe was light on their website. It doesn't say like best deal better deal. Yeah not a great deal way overpriced matrix. Yeah Yeah and and actually You know I think the idea is still pretty solid In terms of of what's needed is when you look at any data or buying tickets. Buying used cars buying new cars right. It's basically presented to you as a list and there are so many other visual tools you can use to look at this data. Scatter plots bar charts line graphs. Truecar does now. There's a question of whether your average person would understand that you know we can get into how people are not as trained well trained in statistics as they should be but there was this idea as data scientists that hate. There's all this data people are making decisions on it. Maybe we can help them. Visualize it more easily So this website was built and You know we came to the realization when we really need more control over how these things are done because we need a bunch of stuff changed and we keep getting asked for money right and one of the things you don't have when you're trying to start a company is money. I mean a lot of time. You have a lot of dedication. Just don't have a lot of money. right And so we went and asked for money so went up. Backup to Williamstown. I got connected with the Angel Network and we presented it to one of the Angel Angel investors there and I got the best piece of advice or feedback or whatever. You WANNA call it. That I've ever gotten which he basically looked at it and he goes. Why are you asking me for money to build us? Why aren't you just doing it yourselves? And kinda thought back and took that to heart said yeah. I mean this isn't why am I not building this myself? Html five javascript. Whatever using your backhand in php just not that hard to learn so. When I went up to minds this was after all of this. I really had this idea that I'm going to sit down and learn how to program because I have too many ideas to start relying on someone else to execute on them to be the guy at the keyboard that executes on the idea myself. Yeah that's really interesting because someone might me? I'm not a technical person. I don't develop and always have good ideas but good ideas cost money right or convincing someone to to work with you so it's definitely always have that thought of like. Oh you know maybe I should learn a little bit of python you know maybe I should learn some react and learn these languages and start programming. So you went and did that did you. Did you take any formal classes through mines to do that? Did you? Start learning on your own in the off. Time how that goes. It's so so both right so I audit a class. I couldn't get credit for it in my master's degree But I signed up for web programming WANNA one and it was funny. I I mean I showed up with a windows laptop that I had purchased three years before that on Black Friday for. I think it was under three hundred dollars. You get your you get your use out of that computer. Yeah Oh and I only out two years ago. The computer data was built. So that's impressive. And so I showed up with this thing and I mean all these kids obviously the younger than me and I'm sitting there in the class and they're just throwing around terms like SSh PUTTY. And the VM box and PHP. And I have no idea what they're talking about. I mean absolutely no idea and so I go up to the professor who is actually a Grad student and I was like this level of course was in the top by Grad student. And I just Joe My computer and I mean I I asked him like how do I assess h? Well what do these terms really mean? And he's like Oh you just open the command prompt on your on your apple and I go. Oh I don't I don't have APPALACHIA windows machine. And he just looked.

Truecar Exxon Angel Angel Angel Network Houston professor Williamstown apple
"kernan" Discussed on Oil and Gas Startups Podcast

Oil and Gas Startups Podcast

14:50 min | 2 years ago

"kernan" Discussed on Oil and Gas Startups Podcast

"We put up referral link in the show notes to help you get started or just reach out to us directly. And we'll put you in touch was going on wildcatters. Welcome back to the show. We've got a Our Buddy Ted Kernan here. Who was a we up until recently it was well log data right. That's correct now. You guys are rebranded. As subsurface is a subset of the I o I. It's right subsurface CEO. Yeah so obviously gadget doing something subsurface like the branding. It's easy straight to the point. Tell us a little bit about what you do absolutely and you know. Want to say off the Bat. Thanks for having me absolutely could coordinate today so subsurface. Io is a cloud native geoscience and subsurface data platform. We are an enterprise installation system where we go behind customer firewalls deploy the software and help them connect to all of their different data sources and visualize do the data discovery process and then send data to different types of applications be they you know existing desktop applications or machine learning applications. We basically funnel the data from the data lake into what I like to refer to as little buckets and are the desktop applications. Yes so this one. So this is interesting Very we don't know anything about geology. Say I don't know shit about subsurface data so I mean I understand the the you know data Problem the entire industry deals with and I can see what you're doing. But what kind of data do you guys deal with Subsurface Aso one of the big data sources that we deal with our well logs. And that's why originally the company was called well log data dot and But other sources of data for example our seismic data core and cuttings analysis data deviation surveys where the wells were drilled production data. I also count as part of subsurface data because they were fluids that are coming out from the subsurface All of these different data points actually give us an idea of what's underground though we're never going to be able to peel back the earth's surface and actually look and touch and feel the rocks. That are seven thousand ten thousand thirty thousand feet below us.

Subsurface Aso Ted Kernan CEO Bat
Activists push for the release of vulnerable inmates from prisons amid Coronavirus concerns

All Things Considered

03:42 min | 2 years ago

Activists push for the release of vulnerable inmates from prisons amid Coronavirus concerns

"For the first time an inmate in California's prison system has tested positive for carbon nineteen five prison workers around the state have also tested positive none at the same institution as the inmate keeping the corona virus pandemic under control require social distancing and individual sanitation that are hard to accomplish in prison earlier today KQED's Marisa Lagos spoke with Scott Kernan the former chief of the California department of corrections and rehabilitation she asked current and what needs to be done to protect prisoners from a massive virus outbreak well I think it's inevitable given you know the extent of the virus across the world I think it's it's inevitable that it's going to take off in the presence of Saddam if you think you have ships are Petri dish that prisons are even more so than mass humanities so I'm you know very concerned about my colleagues in the inmates and their families jails and prisons across the country yeah I mean we know particularly in California our prisons are overcrowded there at about hundred and thirty percent of capacity I we've seen some civil rights groups I make some pretty strong calls for more than a week for the governor can to consider releasing people who already have release dates in the coming weeks and months they've also like to see people who are older than sixty five or medically vulnerable get released do you support these types of efforts well I I think they should you know Dennis if you're not overreacting and reacting to the extent of the crisis I think they ought to be looking at all options to reduce density nine inch your point about a hundred thirty percent of our product well that's true in the overall system in the prisons including a women's prisons for example are are upwards of a hundred fifty hundred sixty percent overcrowded you mentioned you know the facts that we have program suspended in jails you know if people are limited and movements even if they're not infected because they're trying to to make sure that people don't spread this what kind of safety and mental health concerns do you have because if we're looking at extended periods of these kind of walk downs we see riots or other of people there's no doubt that the potential for unrest as there is people are not confined to the course without control we know that across the system in the inmates are talking about on rafts we've seen some tangible evidence of the inmates not going to find for a medical officials in our jails after sex because they don't want to be quarantined it is a complex system what about more broadly than that the medical system in the inadequate medical care was the reason essentially that the court stepped in and and including the Supreme Court we have made some strides in that area but how confident are you that our prison medical system can handle an onslaught of these case as well you know I I I think we have some of the best correctional medical and mental health professionals in the country that may be a little biased from experience it's not given to any given day there to stress to the Max to provide court required services to the population I just got to believe that as a system progresses that they're going to be even stressed to the Max yeah we hear about hospitals and you know potentially over one well in a lot of inmates thousands in fact go out for for their medical care into to our hospitals so there's there's some logistical issues that are going on all of these jails and prisons including she she are that are that are very worst that's former CDC are director Scott Kernan speaking with KQED's Marisa

California
How Blue Apron Became a Massive $2 Billion Disaster

Squawk Pod

05:09 min | 2 years ago

How Blue Apron Became a Massive $2 Billion Disaster

"Squawk pod president. Trump's Day of pardons and commutations clemency for former Illinois Governor Blagojevich. And if you're asking me what my party affiliation is. I'm a trump credit and junk bond king. Mike Milkin we hear from Jim. Stewart the journalist who wrote the book on the nineteen eighties insider trading scandals. These particular Crohn's did create tremendous amount of collateral damage. The nation's top antitrust enforcer making delver hime on the controversial sprint t mobile merger. This is serious stuff. This affects the economy. It affects millions of jobs and the corona virus outbreak hitting small business one Amazon seller with factories in China. We really expect the disruption to Be hitting US hardest actually next month in March and April. Those stories plus some birthday celebrations. Where are the fireworks and balloons? They got nothing I asked for those. I'm CNBC producer. Katie creamer it's Wednesday. February nineteenth twenty twenty. Squawk pod begins right now standbys. Joe In three she one of my good morning and welcome the squawk box here and I live from stage in the star of stage and screen. Kelly is with us this morning. We are live from the Nasdaq market site in Times Square. You still on the exchange later. Are you still doing? I have done the exchange and we tried to keep the warm. I'm Joe Kernan. That's interesting we both done. The Exchange Kelly Evans is the star of the essential here today. Because Becky is off But just for today and then you got a long day not that not that long and join us for the next two hours. Liz Young probably has a long day. You have to go to work if there's going down. And you're directing all markets really and you're directing all market strategy. Advan y Mellon that takes time dow down. That's traveling salesperson. Okay that's all right too big client or something a few of them. Yeah who'll be there till Friday so you'll be there you can close the deal. Is that what you do you know how to do that? I guess I'm GonNa try stockbroker you know how you got to ask alternative choice questions. You'd like to buy this better for you and I like that. I can answer alternative of choice. Quite you do show. She doesn't get on a plane unless there's money to be new but you do everything you do should be closing though you should close more. You should be closing. I'm close did you see. What is it close? Gary you are. You couldn't stay away yesterday. Called in you had to go to news it was. It was actually did that work but I appeal for your vacation. Day since you essentially worked yesterday and you did not have the day off on the same emails that was you didn't get it. Thank you for your half day. I hadn't even thought about very good idea. Who's a very good idea to comfortable with this calling in? Yeah Yeah our colleagues at some other places as is it. One hundred and eighty. Well you gotTA stand at the end of city one hundred eighty days. If you're going to have. Could you eighteen the tax rate? Would you come clean or would you pretend that you're here? Would you let him pretend Bingo? I WanNa tell you about chairs of Blue Apron because they are swinging wildly after yesterday's close. Here's tapping here's what happened. Rather the company said it is exploring strategic options. That's usually euphemism for yet. Just putting itself on the Block. Basically the company coming up that announcement coming after its fourth quarter. Report showed ninety four million dollars in sales and a net loss of nearly twenty two million dollars. Customers fell from five hundred fifty seven thousand twenty eighteen to three hundred fifty one thousand by the end of two thousand. Nineteen the meal kit to deliver service. That it's considering merging with other companies and raising more money stock initially surged twelve percent. But now I can see that stock is now off eight percent. And that's what happens when you push up your sales through marketing. They were spending spending. But here's what blows me away. I get advertisements for new meal kit companies. I don't know about all the time ones. I've never even heard of anybody getting into this business. I don't know I've never used it and use it here and there but basically what I get a free week or something in and those big cards in the mail. There's a new one every week. I don't know who thinks that they're gonNA be able to make money if the biggest one in the industry could make your point Andrew unless they were constantly marketing from direct to consumer come. They're all realizing. Oh my gosh. If we don't plaster the entire world with ads constantly on every podcast any maybe we should get him on the spot. If some more if I do a meal kit it's going to be neutra systems can just. That's a different different kinds of things. The Diet Kim died Kim. But I'm saying if I ever were for men right. There's a different one for men. I think. Yes has more calories. I see guys get really thin on TV. I've watched you've seen that I have. They ever has lot. Does it work do you

Kelly Evans Katie Creamer Governor Blagojevich Gary Andrew Joe Kernan Crohn Donald Trump Illinois KIM Cnbc President Trump Stewart Mike Milkin Amazon Liz Young Becky China Blue Apron
Trump says GDP would be near 4% and the Dow could be 10,000 points higher if it weren’t for the Fed

CNBC's Fast Money

04:30 min | 2 years ago

Trump says GDP would be near 4% and the Dow could be 10,000 points higher if it weren’t for the Fed

"MNUCHIN is just the latest in a monster. Line that we've had from the world economic form in doubles president trump sitting down with CNBC earlier today and he took new aim right at the Fed less than what he told. Joe Kernan had we not done the big raise on interest. I think we would have been close to four and I could see five thousand to ten thousand points more on the Dow but that was a killer when they raise the rate it was just a big mistake and they admit to it they admit to it I was right. I don't WanNa be right but I was right for your next guest Joe's idols. Chief Investment Strategist at blackstone. He thinks trump might have a bit of a point. Joe Welcome back to fast money. What do you mean what what was he was? He says he's right right. You know I think the bigger point here is that we are inadequately driven market. This is not a fundamentally driven market. Right it's not a market where you're seeing earnings gains. And you know healthy underlying sort of like revenue and profit margins and things like that. We're in a market. That's been complete driven by central banks all around the world and two thousand thousand nineteen year where you went from massive hikes cuts right. You had more central banks cut rates in two thousand nineteen than any time since the great financial crisis we we went from balance-sheet tightening expansion of balance sheets again and that liquidity has fueled the markets is pushed him up higher so in December of two thousand eighteen. If I remember back in in those days the Fed raise rates the market fell eighteen percent. It did come back. It ended I think the month down. What eight or nine percent on the Dow and the S&P so if the Fed comes out and indicates at some point this year they would like to tighten monetary policy does the market fall another fifteen to twenty percent? I think what central bankers have done right now is bought themselves a lot of time right because the headwinds that the economy is facing include things like trade obviously across the pond we had UK and Brexit and everything else. I think policymakers bought themselves time. I had an old Basu once said Joe. If you have a problem that can be solved with money than it's not a problem anymore. He was on his third wife when he said that's worth it. That's the policy that that that that that we've seen in the markets policymakers have done over the last couple of years. But but I agree with that and don't fight the Fed and all these shays that have been the right ones but if you think about what we're not going to get more fed than we got in two thousand nine hundred ninety so if you think about it just the fact that the Delta in two thousand nineteen which was incredible the fact staying still right now. Oh I don't think there's enough and is the Fed gonNA keep this money market surplus in the market. I mean you're talking about Four hundred billion dollars that I recognize. We had a big problem and I don't I think the Fed was telling us how offsides they were a year ago. This has to this has to be painful. There's an economist who rose to prominence in the nineteen seventies named Herbert Stein There's something called Stein's law named after paraphrase. It basically says that which cannot go on forever won't right. I would love to come up with something. That's patently obvious. Inhabit habit named after me. I'm working on some things I'm watching the simpsons to try to get some inspiration but if you think about that Dr Oz just came up with a few he has some great scope. nope Don Don were over. You know it's GonNa go into As as I was going to sing living I was GONNA do hip hop arm beer something but that name was taken. Yeah I chose Investment Strategy so joe so when you start to look at what can't go on when it ends it ends. I've been waiting for value to start outperforming tech it. It just seems as though everyone is rushing in there looking for growth the only place to get growth or a handful of names on the technology side or or through the gamut of technology teams when and does value ever start out performed as market. Go Down I don't think we're GONNA see an environment. The whole market goes down. I think we will see more volatility more choppiness in our ten surprised twenty twenty one of the things that we talked about was having multiple five percent corrections because I I think the market has to mark some time while earnings catch up to the to to to prices right because we haven't seen any earnings growth. I don't know if it's going to happen in twenty twenty it might be is something that comes later because I don't see such a strong environment for corporate profits even now but I think we'll have to mark some time if you put two thousand nineteen into context. Think about it it. This way neat record high returns one of the top twelve percent for returns in any calendar year record. Low volatility volatility is one percent below one percent that we'd seen in any calendar. Year policymakers delivered that to us. I think the effect is rolling off that drives volatility. They'll be opportunities

FED Joe Kernan DOW Chief Investment Strategist Herbert Stein Cnbc Blackstone Donald Trump President Trump UK Dr Oz Brexit Don Don Basu Shays
"kernan" Discussed on WTVN

WTVN

02:30 min | 2 years ago

"kernan" Discussed on WTVN

"The Cessna my gosh it was a three bladed propeller also so in all of nineteen those five TB and that kinda went missing just disappeared yeah yeah yeah that's what three plates are still we can we can begin to work backwards him in to see what was going on in terms of frequency because these aircraft all him to turn over their propellers and about between twenty five hundred and twenty three fifty RPM for cruise and that wind Kernan ski pants began was when he was coming off the beach crap spins up about twenty six and burger so twenty six fifty RPM on take off but when you get up to cruise line you dialed back the constant speed prop the engine slows down a bit to about twenty five hundred and off you go well so you you you I've been collecting these profiles of the sound trying to figure out what his staff frequency and how do I created in my little home studio so in that sounds ridiculous until you start looking at the evidence of this cloud is packed elsewhere and let's start we could start at the bottom Moses went up the mountain to pick the commandments but he was up there for forty days and he went out into the cloud and when the Jews were being land out of Egypt there was a fire of color and cloud day and night in in also there's some some interesting things about how light and sound may be engaged together when you read accidents there is a a description in there I know raiders of the Lost Ark everybody knows steps like that what most people don't thanks Foley is that in addition to the arc in the holy of holies there was also I was very special Leah and that lamp weighed between sixty and seventy pounds and it was made of gold and it was a range so that there were seven light on three on either side and we assume one.

Moses Egypt Foley Leah Kernan
"kernan" Discussed on KTRH

KTRH

02:21 min | 2 years ago

"kernan" Discussed on KTRH

"Kinda went missing just disappeared yeah yeah yeah three blades are still we can we can begin to work backwards him in see what was going on in terms of frequency because these aircraft all him to turn over their propellers and about between twenty five hundred and twenty three fifty RPM for cruise and that wind Kernan ski pants began was when he was coming off the beach crap's been set up about twenty six hundred or so twenty six fifty RPM on takeoff but when you get off the cruise line you dial back the constant speed prop the engine slows down a bit to about twenty five hundred and off you go well see you you you I've been collecting these profiles of sound trying to figure out what his staff frequently and how do I created in my little home studio so in it sounds ridiculous until you start looking at the evidence of this cloud is packed elsewhere and let's start we could start at the bottom Moses went up the mountain to get the commandments but he was up there forty days and he went up into the cloud and when the Jews were being land out of Egypt there was a fire of color and cloud day and night and can also some interesting things about how light and sound may be engaged together when you read accidents there is a a description in there I know raiders of the Lost Ark everybody knows steps like that what most people don't I think Foley is that in addition to the arc in the holy of holies there was also I was very special way up and that lamp weighed between sixty and seventy pounds and it was made of gold and it was a range so that there were seven light on three on either side and we assume one.

Moses Egypt Foley Kernan
"kernan" Discussed on Newsradio 970 WFLA

Newsradio 970 WFLA

01:52 min | 2 years ago

"kernan" Discussed on Newsradio 970 WFLA

"Well there's another book that govern and and his co author Rodman Gregor wrestled him that also has a traditional campus incidents where this blog or sound bargain found were currying in proximity now they don't get into the sound aspect of it far enough they get into being flying the airplanes park but when you consider the profile of the aircraft he was flying which was Beechcraft bonanza three bladed propeller he had a second encounter with a similar electronic or whatever it is odd that occurred some years later in an aircraft but when I looked at the picture of the Cessna my gosh it was a three bladed propeller also so came in all of nineteen those five TB and that kinda went missing just disappeared yeah yeah yeah those were all three players are still we can we can begin to work backwards him in to see what was going on in terms of frequency because these aircraft all him to turn over their propellers and about between twenty five hundred and twenty three fifty RPM for cruise and that wind Kernan ski pants began was when he was coming off the beach crap's been set up about twenty six from burger so twenty six fifty RPM on take off but when you get up to cruise plan you dialed back the constant speed prop the engine slows down a bit to about twenty five hundred and off you go.

Rodman Gregor burger Beechcraft Kernan
Cyber Weekend, Boeing's Big Month, Boomers and Billionaires

Squawk Pod

06:48 min | 2 years ago

Cyber Weekend, Boeing's Big Month, Boomers and Billionaires

"Good morning. Welcome to Squawk box here on. CNBC we are live from the Nasdaq market site in Times Square. I'm becky quick. Along with Joe Kernan. Andrew is off today. But we've got Tom Farley. He's the CEO of far point acquisition group. He's he's also former president of the NYSE and of course CNBC contributor and Thomas. Great to see you good morning. Thanks for being here today. Arrested after the holiday we can ready to go get another all time. Record the stock markets today the first trading day of the month of December November was a very strong month for stocks even though he did see some declines on on Friday on black. Friday you're looking at the best returns. We saw Since June for all the major averages also last week again you did see some big gains to right now. The Dow and the Nasdaq are still less than one. The two percent of their intraday highs With these today you're going to see them challenge in that as Tom mentioned although I also remember last the first the first trading day of December last year So much fun I still. There's still some some nightmares about with scars for leftover from that first up today. The holiday shopping season is in full swing online spending on black Friday. The day after Thanksgiving hit a record five point four billion dollars according to initial reports from eighty of the top one hundred. US online retailers will. The spend trend continued today. Here's Joe Kernan with CNBC retail reporter. Courtney Reagan joining Squawk box from Pat Walmart fulfillment center in Pennsylvania. Cyber Monday courtney a year at a wall they ask you to to push anything around and grab some stuff. The shelves yet you're in Bethlehem fulfillment center. I don't I don't think I can I. It looks it. Looks like everything behind me is very random but it's done like very purposefully You'll see cat food next to a frozen toy and that's done on purpose. I'm not allowed to touch anything because I'M GONNA screw up the system but this is just one of Walmart six film I'm at campuses around the country. That's going to be fulfilling those online orders today on this cyber Monday and also potentially some of those orders from over the weekend. They're still coming in today. The National Retail Federation things sixty nine million Americans will shop. Even though we set records on Thanksgiving and on Black Friday online today is also expected to be a record day online with sales up about nineteen percent hitting nine point. Four billion dollars if that happens here in this country will be the biggest day of the year and also the biggest day ever in the United States for online shopping but just like black Friday. The timing has sort of shifted here for cyber Monday so remember and the older days. We didn't necessarily surly have high speed Internet at home or a computer that had access to it new shopped. Once you've got to work for cyber Monday so the peaks were in the morning or maybe even midday around lunch not anymore more today the peak is expected for cyber Monday peak volume to happen much later tonight between seven and eleven. PM Pacific Time so that is a big the difference that has been happening over the years to even with the online shopping now. Deliver is a company that helps third party merchants fulfil their order so they work with Virgin Walmart Walmart Dot COM ebay shop affi- they said on black Friday that their average daily volume was up three point seven times compared to a normal recent Friday and that was higher than last black Friday when their volume was three times as heavy. So we'll see if that continues for even the third party merchants on some of these platforms here today in store getting some preliminary results shop. RETRACT SAYS THANKSGIVING TRAFFIC IN STORE was up about two percent but that black Friday in store traffic was down about route six percent. So that evens out to about down three percent over those two days at least the preliminary numbers are showing like we said record online. So far still shaping up to to be a strong season and we've got a big day at Corny thank you. It's great to see you and we'll check in later. Thanks for joining us right now to talk more about cyber Monday and holiday shopping weekend went as Dana Tells Z.. She's the CEO of Chelsea Advisory Group and Dana. What did you think I thought it went pretty? Well I mean obviously there was a poll forward because you have some of these companies starting their promotions earlier Right after Halloween Walmart did it right after Halloween. And you saw a lot of others like that too and now it's even considered a five day weekend not just a two day weekend or a three day weekend and you still have a long way to go so it's an on-track weekend so far black Friday companies opening it at on Thanksgiving Day opening at five pm to one I am then. They're coming back on Black Friday. It was slow Friday morning it picked up in the afternoon. Luckily this weather on the north in the northeast didn't happen till yesterday because we needed Saturday. Also although a lot of the country did get hit over the weekend that affect places like Minnesota or some of the other great plain states yes accepted you had some of the West Coast also. So you're going to see some of that impact. They can order online too. And what you mentioned about the stores before I mean fulfilling orders is part of it. We're seeing zing stores. reimagined how they're configured and they're going to right size in terms of the way they are. Human Rights is down the size of the store. Yeah the size of the store may not. How much is it going to be fulfillment foment? How much is going to be for showing goods? It's all going to look different in a couple of years. Just like the patterns of shopping or different today. Who are the big winners? Would you say at this point. In the holiday holiday season best buy big winner Walmart and target big winner. It was all the big box players. I think the department store is still a little bit slower than the total sales for today are expected to be around about nine billion ten million. I mean when you compare that to Alibaba singles day. It's it's really a drop in the bucket right so where does assists and is this. Just keep going here in the US. More and more online sales as retail just collapsed for these types of goods to to effectively nothing so maybe excluding excluding luxury excluding jewelry excluding high fashion convenience and ease matter but there is something to be said for tradition walking through the stores and the experience of it. There's the reason why well some of it but there's a reason why you definitely see what he's doing this with their kids together with families it's an entertainment and sport also also have something like it right sex pence what fragrance you like. They're all mixed together in Cali Hustle Oakland Bustle and make not at the makeup by by people. That for you for you. Free USA Lisa talking about makeup with With your buddies weird I don't really I don't know if you've got some on day even though so you know I would argue that. Come in here uncomfortable. A little bit better. Never Show your tells like that. That now relegated. You're so our makeup

Walmart Cnbc United States Joe Kernan Tom Farley CEO Pat Walmart National Retail Federation Becky Times Square Andrew Cali Courtney Reagan
Merger Monday, Bloomberg's Bid, Holiday Movie Recs

Squawk Pod

06:45 min | 2 years ago

Merger Monday, Bloomberg's Bid, Holiday Movie Recs

"Good morning everybody. Welcome to Squawk box here on. CNBC we are live from the Nasdaq market site. In Times Square becky quick along with Joe Kernan and Andrew. Ross sorkin first step on this morning's pod a couple of updates on stories we've had our eyes on or IRS's on if you get your squawk through ear buds instead of on a screen. Remember in October when French luxury conglomerate. LVMH made a bid for New York's iconic jeweler tiffany. Well they up the bed the very shiny prize a big deal. This morning of the world's largest luxury goods company has now confirmed his reached a deal to buy tiffany. This has been quite at some time in the making the price tag this time. One hundred thirty five dollars per share in cash sixteen point two billion dollars total the largest ever in the luxury sector the boards both companies approving that deal yesterday afternoon and the transaction expected to close in the middle of next year will mark the end of Tiffany's one hundred eighty two year history as a standalone brand and a little blue box isn't changing but it does reflect the changes to remain independent amid increasing consolidation across retail and adding tiffany's Eddie Murphy to the portfolio will strengthen. LVMH's position forcing watches jewelry. The group acquired Gary and back in two thousand eleven eleven like Lvmh t LVMH T- LVMH. What if I would pay? How much would that cost the figure out to add a t not to do you think they should? I think they should add T. You think it's that important. Is that valuable important as those ugly back and look but what is amazing is that they did get him up. I mean this one hundred thirty five dollar price tag came up from one hundred twenty dollars recall when when this when when they first went after him and the question I think we threw out. There was whether they'd get one hundred thirty five bucks one hundred at forty. They didn't push back if you go back. And Look at tiffany stock even two or three years ago where it was relative to where it is today so I I mean the interesting stuff therefore therefore baby gifts like a little spoon. Yes in general. I don't know it's like super retail. I think Chinese people love in China. It's big and Chinese on these sorts of come here it's really be in the United States. Just me personally. I you know when you go to forty seventh street. I'm sure not. I mean I would rather go down there. forty-two the haggle. Well just don't pay absolute top dollar for for stuff that everybody else has and another deal. We've been following following Charles Schwab effort to buy. Td Ameritrade as of this morning. That's done to Charles. Schwab Corporation is going to be acquiring. Td Ameritrade this is a story. We we first reported last week. Td Ameritrade is now naming Stephen Boyle as the interim president president and CEO suspending their CEO. Search because obviously this will be taken care of with with this deal. Charles Schwab is offering issue is going to be issuing one point eight three seven shares for every td ameritrade share. That's out there We'll continue to keep an eye on says Charles Schwab saying that. Toronto Dominion Bank's going to be holding about thirteen percent of a stake in the combined company. You could see right now. Charles Schwab shares which ran up last week on. This news are right now down by about twenty two cents to forty seven ninety eight so maintaining basically the gains that they had seen last week on this when it was first announced. Td Ameritrade shares at this point indicated by about two point three percent. That's a gain of a dollar thirteen to forty nine twenty six again after they saw gains last week as well. Charles Schwab saying that they see this deal being fifteen to twenty percent of creative give to the adjusted earnings per share in the third year in the third year of this deal Schwab right. It's going to be called Schwab. This sounds sounds like a fun thing though analysts have looked at this and said because they both have very strong trading platforms. That you won't see as much of the accretion in terms at the probably both the Charles Schwab and td Ameritrade plan trading trading platforms operating. Because they don't overlap. There's some things the. TD AMERITRADE has like options for insurance little bit stronger. Charles Schwab has a lot of things like People who will talk to you and guide you through these things because of that the probably see some analysts analysts speculating around forty percent in terms of the accretion that they can kind of combine and put these together with those both platforms need to advertise separately swap box. Random House expected to be where you will see some of the. Oh no no no I got a double double down on both platforms. They say anything. But I close with this point break- fees and I don't know I. I have not seen that to me though the two issues. That will be interesting a break-up fee whether you interesting because you think out trust issue not so much on the consumer side but potentially For for all of the investment advisers out there really I mean I think collectively collectively they have like sixty seventy percent. Would you say this is that works serious antics three so they are two things there. There may be a look. Get that and so you you care about that issue. The other issue would be about deposits that that used to stay at. Td Bank so td Ameritrade used to run all their deposits. It's into Toronto. Dominion Inter Dominion. That was actually a huge fee generator for TV bank. And so once. If you take those out I assume Schwab is going to keep those Deposits in their own bank effectively. What that does to? TD LONG-TERM SO. These are some of the questions that I think at least in baking world. They're they're probably so but I don't know I'm GONNA. We'll look great deal. That's good news for holiday. Travelers gas prices down this quarter of the lumber survey the national average falling four cents cents to two dollars and sixty six cents per gallon drop is likely due to an increase in supply now that several refinery repair projects have been completed. Also a word of warning warning triple as saying Wednesday is the worst day of this holiday week to travel with trips taking as much as four times long four times two hundred percent longer due to congestion I in some weather issues. That could be a little more difficult Wednesday out of on the East Coast here starting in Colorado and coming across do you. ooh The minivan. Yes sir. What about it? Is there a a hybrid model that you can buy make hybrid models. That'll make a cool or no. Let's give it up for just wondering why you haven't truck Tesla. Yeah that's what I was saying. Why why aren't you? Just springing brings for something electric because you need a minivan supplements. There's no electric minivans or there's no My mic one. Now they're not cheap anymore. Ah Minivans by themselves this is unlike so like so many of you. That don't walk the walk when you talk about other stuff. The vacuum cleaner in the minivan is more important than

Charles Schwab Td Ameritrade Lvmh Lvmh T- Lvmh Schwab Corporation Tiffany Td Bank Cnbc Toronto Times Square Ross Sorkin Dominion Bank Joe Kernan IRS China United States New York Inter Dominion
Boeing splitting CEO and chairman roles

Squawk Pod

08:11 min | 2 years ago

Boeing splitting CEO and chairman roles

"On Swap pod Boeing owing speaks out hiding. It was a set of engineering decisions. That ended up being wrong. Boeing Chairman David Calhoun in an exclusive interview amid mounting pressure. The aftermath of two seven three seven Max crashes has put on the company this airplane will will fly it will be safe as well as the CEO. He is going to experience experience in his first period. One of the most difficult situations any CEO. That I've ever known has lived through and exclusive to this podcast. CNBC'S CNBC's auto and aviation reporter Phil above the narrative completely got away from them anchors on today's squawk box are Joe Kernan becky quick and CNBC contributor Surat Sethi joins as has guest host your host on this podcast that's me CNBC producer. Katie Kramer it's Tuesday November fifth. Two Thousand Nineteen Squad begins right now. So what's your process to hold people accountable to make sure this doesn't can happen again. Senator First of all my company and I are are accountable. I believe that accountability starts with with me My board took some recent actions regarding my position which I fully support and will allow me to focus even more on on safety so every action takes tried to focus on safety that was bowing CEO. Dennis Muilenburg and Florida Senator Rick. Scott during last week's blistering questioning joining of the airplane manufacturers leader on Capitol Hill one month ago Boeing's board stripped Lindbergh at his chairman title in the wake of months of criticism. Boeing grounded the entire fleet of jets. Let's call seven three seven Max. Following two deadly crashes one late last year and one in March of Twenty nineteen today for the first time we hear. From the new chairman of Boeing Blackstone. Executive Dave Calhoun. I caught up with my colleague film about Polo. Thank you Why don't you introduce yourself? I am Filipo. I cover aviation listen and the airlines for CNBC. And I've been doing it for twenty years. How long have you been covering the Boeing Company? Twenty Years Twenty years of watching this company company grow Go through some challenging times and this is clearly the most challenging time. They've gone through so. Tell me about that. The last eight months the headlines for Boeing have been really grim. Well anytime you have a plane crash. It's bad news and I know that's maybe we'll be listening to the same well Duh. Of course it's bad news but it's not just that there was a plane crash It was two of them very short period of time between them that led to the grounding of the seven thirty seven Max and had to put this into some perspective for people the seven thirty seven is the bread and butter for this company It is the cash flow generator. And so when you are effectively effectively saying we're not delivering any of these. You're cutting off. The cash pipeline for Boeing Commercial Airplanes It is a massively important story. Sorry one that everybody has a feeling about it. emotionally Whether they're in the industry or if it's somebody who who flies only occasionally people have A real concern about whether or not these planes which are so popular Are they safe. Will they be safe in the future so today on the show we had David Calhoun. Who is the new non-executive Chairman of Boeing directors? But I but very active. It's pretty clear from his interviewees active. Tell me about the scope of Calhoun job now. And what makes him qualified to lead Boeing during chapter. He's been on the board since two thousand nine and he also has a history going back to his time with GE when he was CEO of Ge Infrastructure Working Ge jet engines He's familiar with the aviation the airline business and he's also familiar with the challenges that go along with running a a large industrial. Austria company like Boeing and essentially. Now that he is non executive chairman that title used to belong to Dennis Muilenburg. And the Board has said. We're going to split your titled. Dennis is going to be. CEO Run day to day activities. The broader questions for the company vision where they're going so forth. That will go to Dave Calhoun L.. Who and when we talked to Dave Calhoun he made it very clear? We want Dennis Muilenburg to focus on getting the Max back in service that is that is the main job really the only job that matters right now for him. I'm sure he's doing some other things as well. I mean it's not like he's in a vacuum But the Max is all encompassing right now. Why why is he speaking out now a month? After kind of taking the reins of Boeing. Will I think the narrative got away from them last week. When Dennis Momberg was on Capitol Hill It was a brutal brutal couple of days. I mean you had senators and representatives outright saying you have no business being CEO. You have no business getting the compensation in that you get. If you had any decency you would step down. You would do more than simply say we're working on this. Is Anybody at Boeing taking a cut or working for free to try to rectify this problem. Like the Japanese do congressman. My board conduct a comprehensive review. That so you're saying you're not giving giving up any compensation at all your continue to work and make thirty million dollars a year after this horrific two accidents that caused all these people's relatives took go to disappear to die. You're not taking a cut in pay. It all began. Our board will make those terminate. You're not accountable. Then you're saying the boards accountable. I went in Quebec. And kind of underlying Steve Cohen of Tennessee. In the second day of my Lindbergh's yeah in front of the House. We talked with them afterwards in the hallway. I mean he's disgusted rested instead. I'm disgusted at at this entire situation here and that he is getting paid what he's getting paid. Which is roughly twenty three million dollars last year so it was wild because Representative Cohen was asking question? Are you taking a pay cut. Is Somebody going to take some financial responsibility for this and mullet Bergara sort of during the headlights. Absolutely and You could fault Boeing for not being better prepared for that question. Look I've covered enough of these over the years on Capitol Hill when a CEO goes in front of a committee especially Leanna safety related matter. I mean that is almost a guaranteed question. Look if you would fault Boeing for anything last week. It's the fact that they didn't anticipate that. This question streams coming because they could've nipped in the bud much quicker by having Dennis Muilenburg even in his opening remarks say I understand what's going on. I understand that I shouldn't be getting the compensation or at least all of the compensation That I received last year That would've short-circuited a lot of this discussion. Instead he said Ed That's not for me. That's for the board decide really came off looking very poor for the company and for him to stand by Joe Three to one his mic. It's it's time for our newsmaker. The morning Boeing Chairman Dave Calhoun the Dow component is you know separated at CEO and chairman roles amid the seven thirty seven Max crisis naming. Calhoun Muniz chairman on October eleventh. Relatively quiet since then in terms of on camera interviews this morning. He's speaking out in a squawk box exclusive. Dave joins us now with their own Philibeaux. Oh global headquarters Phil Good Morning. Good Morning Mr Galvin. Who Good Morning Joe? Joe And I know you guys have a number of questions for Dave and Dave. Let's let's begin first off if you and I were talking before you came out here. Big Question right off. The Bat is about the compensation for Dennis Muilenburg. This came up on Capitol Hill. You have some news regarding and how that's going to be changing correct. Yeah I do of course it was sort of obvious to everyone that was uncomfortable question for Dennis. Dennis doesn't like to speak in behalf behalf of board activities anyway. Dennis called me Saturday morning at ten o'clock with the purpose of suggesting that he Not Take any compensation for two thousand nineteen as in the form of bonuses which is of course most of your compensation it

Boeing Company Dennis Muilenburg CEO Dave Calhoun Boeing Chairman Cnbc Dennis David Calhoun Boeing Blackstone Calhoun Muniz Dave Calhoun L Ceo Of Ge Infrastructure Worki Phil Good Non-Executive Chairman Representative Cohen Executive Chairman Dennis Momberg
Billionaire Bull Teslas Plan for China Davos in the Desert

Squawk Pod

08:00 min | 2 years ago

Billionaire Bull Teslas Plan for China Davos in the Desert

"This squad the daily podcast brought to you by the team behind squawk box control to CNBC's essential morning show every day get the best stories debate and analysis from the biggest names in business and politics today legendary investor Ron Baron believes strategy that goes beyond tomorrow is key to a positive outlook today the next fifty years there's going to be similar to the last fifty years that'd be twenty five times your money invest now tesla new Chairman Robyn Denholm took aligns job but she's still one of his biggest fan the way he runs the company is is phenomenal in Davos in the desert Saudi Arabia's anyone investment conference kicks off next week who's going WHO's not and why it matters commissions and happens companies. They don't have permanent enemies you know they don't have permanent friends they just have permanent interest I'm CNBC producer Cameron Kosta it's Friday October twenty fifth todd begins right now under by three two one two Andrew Good morning and welcome to spot right here on CNBC we love Nasdaq market site in Times Square meant Ross sorkin along with Joe Kernan becky quick with she is live in the barren investment conference with the legendary Ron Baron we're going to get to them in just Ron mine is a buy and hold investor who's long term strategy has made him a legend on Wall Street every year CNBC goes to his investors conference this year and many of years Kikoko's and so does Katie your usual podcast host they cut off this morning off camera we're at Lincoln Center in New York City today and this is where the baron investment conference is taking place it's an annual conference that we've been coming to since two thousand and eight so we've been longtime longtime participants in just coming along for the ride and seeing what Ron has to offer mazing thing is ron brings lots of big entertainment where it Lynn Lincoln Center so in the past he's brought guests like Barbra streisand or Bruce springsteen or McCartney which he said was his favorite but the big deal and the reason somebody shareholders who come here the Barron shareholders come is because he brings up his managers they give their take on the world and then they bring up the CEO's a lot of the the biggest companies that Burns invested in and and so it's really kind of a mix of entertainment and and and really of view of what's happening in the economy and what's happening in business so so Ron's whole perspective is by hold stocks for a long time this am businesses invest in people you know some of the people that we've met her over the years have been people like Elon Musk who's the head of Tesla and creator of Tesla we've met Kevin plank who was the founder and CEO of under armor he finds people who he thinks are at dynamic who have big ideas and then he watches the companies and watches the markets now he said buy and hold for a long time that doesn't mean buy and hold forever like Buffet Likes To do Warren Buffet likes to do under Armour Kevin Plank was a big investor in that company but there was a time if you eight years ago where he said Okay it's time to sell what's your big takeaway on Ron's message for investors right now particularly with the way the markets are you know if you look around it's a pretty turbulent time his take is that this is an incredible time to get into the markets he thinks people are far too pessimistic are host Barron Investment Conference Ron Barren Barren capitals chairman Ed. CEO Let's talk a little bit about your theme this year it's called what's next why what's next and what is next so what's next is that so we're looking for faster growth in the future then in the past and but what's next is the growth the economy goes for the stock market what do you mean economy and and what I think is that when you think about the turmoil that's taking place in the stock market now and everyone is afraid that's you know and people have higher amounts of cash and they've ever had before in Europe they have negative interest rates people so concerned is eighteen central banks can in Rio do there The interesting United States are have been going down the way I think about it though is that the stock market today is pretty much the same values nations that it was in one thousand nine hundred eighty nine and sixteen point six times earnings or sixteen point five times earnings then then was amidst turmoil you had the city's on fire the national guard the streets are trying to keep law and order yet the Vietnam War protests women's rights protesting so so everything was it's a mess but but really sticks and the assassination of President Kennedy swapping my office about I have a lot of younger people mouse and they said tell me about this assignations sixties and people said well John Kennedy said anyone else and they said I don't know it was Martin Luther King in one thousand nine six eight and Robert Kennedy Nineteen Sixty eight they tried to get George awesome so so there was turmoil and it was a concern that that the country was going to survive but the stock market then was thousands on Al Jones is now twenty six or twenty seven thousand twenty six times the economy then was eight hundred and fifty billion is now twenty one point three trillion twenty five times so all you had to do this believe that this country was going to survive and invest then and you would have made twenty five hundred money and so I think that what's going to happen in the next fifty years of course I'll be one hundred twenty six by then and you can reach me at Barron Funds Dot Com they will know where uh-huh and but but I'm thinking about the next the next fifty years it's going to be similar to the last fifty years that'd be twenty five times or money if you invest now and and and even better is that interest rates today or one and a half percent one point six percent for ten years they're normally four and a half percent for ten years you have platform investments now so it used to be when I was young and you wanted to make money you'd build a factory for a million dollars or hotel and then maybe eight hundred thousand one hundred fifty thousand after you take the risk of putting up a million and so but now you've you've come into capital late business you have technology I therefore other people giving you money writing off have platform built you could be a licensor people could be using your business in the cloud and then all of a sudden you start getting revenues and that revenue you just seventy eighty ninety percent margin that's worth more than a earnings per share company without having put up the capital people finding some of these two so you can do it exactly so it's capital low interest rates the technology technology is making businesses grow faster because and and also it's it's making your costs be lower and then knowledge knowledge is growing the fastest pace than it's ever grown and it used to be one hundred years ago that knowledge doubled every hundred years and then after World War Two it was twenty five years and now it's every eighteen months and with the Internet of things going knowledge is going to double according to IBM every eight hours or twelve hours knowledge humankind but when when you look at our growth that we've seen to this point a lot of people say our economy is just stuck in a slower growth economy we're never going to be able to grow faster pace we've seen it pick up a little bit over the last several you ears but why isn't reflected in the numbers why isn't the economic growth stronger because you're right information technology all of these different ways of increasing our productivity are it's not reflected in government numbers right now people are afraid well you're in one of these the economy doesn't go like this it goes like this and and so the result to that whenever goes down people say this is it this is the end I better get out and so all these people watch remote show in the morning and everyone talks about well the stock market invested

Cnbc Ron Baron Tesla Robyn Denholm CEO Saudi Arabia Chairman Cameron Kosta Producer Fifty Years Ten Years Seventy Eighty Ninety Percent One Hundred Years Twenty Five Years Eighteen Months Million Dollars Hundred Years Twelve Hours Twenty Fifth
"kernan" Discussed on WTVN

WTVN

04:40 min | 2 years ago

"kernan" Discussed on WTVN

"The road or that build around the about recipient this that of the is there one was but a hell to of a few Christy days ago just Marconi awards daily caller in which broadcast says trombone weighty the one easy in the when old twenty twenty the old according coming to modeling to my right I see election the cowboys twenty thirty twenty seven is three hundred the Nichols eighty five ten days reminds away me the media the according eagles to coach one model that's promised been historically accurate about president four or five trump days appears ago to be that on his way the to an that easy the victory the eagles are when in moody Dallas analytics Doug uses Peterson three different the eagles economic coach models to predict sell the my outcome only concern of political is races things are within the media my control understands that I the guarantee economy of victory in is Dallas going to get trump wow reelected by wide thirty margins seven ten is not and like Ohio CNN Indiana promising Kentucky Pennsylvania three Florida next year for Texas Elizabeth Warren coverage Wisconsin in such maybe a way as even to Minnesota ruin themselves and so it by doing seems so to me whenever when you come there's up a against wobble the trumps in the American or whether economy you're John Casey the media C. Orr N. N. met especially Romney which is committed or to the president's a the instruction Democratic not Party to or giving hunter you Biden one Vardi snooze or Barack they're committed Hussein to Obama or deter Joe don Biden lemon to the destruction you get hammered there's some of this more president is magical and will the ability always talk about who the are their stock winners market and going losers down out but of never Ukraine going up the big losers to talk about on the Democratic employment Party numbers and may and take Joe Biden up but never hunter going Biden down that even whatever Democrats should Sosialis be up you're is saying up whatever that should guy be down is is down as by corrupt any fair as Hillary measurement Clinton everyone acknowledges right with but now half it a brain is in their trump head that's smart especially my friend maybe Joe Kernan he is on C. N. B. C. eagles squawk box are done that this finished is the greatest when American the coach guarantees economy a Victorian in the history loses of the world Doug Peters is not so the exactly media Joe will name focus on failures let's continue in now the economy in some my quarters only concern to make and I tweet invalid about this the entire a little bit election if the Republicans see capitalism in the Senate at times act like Mitt doesn't Romney quietly America dispersed goods is in and trouble riches equally have a across Republicans the economic in the strata Senate take their but cues socialism ARE Mitch McConnell promises we're equal gonna be displeasure okay Mitch on understands everyone and because so Matt when you Romney have capitalism is a rhino entrepreneurship and Mitch McConnell god you're gonna bless have him many many has making saved it some not the Supreme the Democratic Court imagine Party if is the committed typical to Republican the destruction later of the middle like class and Trent Lott that's was why in the Mitch rich McConnell's billionaires place or a for year Democrats out from an election and those getting and government benefits Matt and are for Obama the Democrats nominates the middle a has Democrat gone completely to toward take the over Republican Scalia Party see because most they represent Republican the firefighters leaders in the Senate the cops water the capitulated soldiers but the not porches Mitch McConnell the bankers all the teamsters in and Mitch the UAW one workers and and then others we get Gorsuch and so we get because Cavanaugh that's the case we win the meeting trump out once gets trumps reelected destruction two or they three do more not want to give Supreme you impartial Court justices news another so whenever two hundred something federal bad judges occurs we win the media will then go the on Supreme and Court on will and not on legislate because it helps from to the destroy bench this president that's why and so I I believe believe the majority that after of the impeachment real conservative is done constitutional either in December Republican or January conservatives in the the Democrats Senate will are then stick it's fine with the to American try to find people some other means and that will not not stop fall with his exoneration underneath the by the the Senate tutelage on a vote of like of fifty individuals five forty like five Mitt Romney is going to be a roundly failed presidential supported in candidate the center that's only but an office the media will because keep looking trump for Achilles putem heels thereby supporting as they done him the past and John two and Casey a half months who thank to try to god destroy turned this president down the V. because P. all of for what he represents from the president to them thank god so say let's continue the with experts more coming are up telling next the we'll tribe be bill stir o'reilly lucky later have on terrible is Heil Wayne Allyn root and you about have a to column have Florida you wrote yesterday we on can Saturday come to say you're bill from cutting Florida in the great American Mar Lago live with you Casey Gunnell every Heil Sunday night so he was told offer casing the position case six said no not because he didn't want to be the vice president and the president information of the Senate twenty casing four seven said and no on demand publicly at six ten and WTVN otherwise because dot com news radio he can't six get elected ten WTVN trump can't win so I want to be the solution and twenty twenty the D. E. one A. is trump tackling flames out the in opioid twenty sixteen crisis at on this two and thousand guess ten what the Drug it Enforcement didn't happen Administration and their community and so the partners insurance policy and hosted the national was prescription stroking drug page take back and day call me an and effort all the rest to remove unused acting against prescription American drugs interest from American to households gather dirt on acting trop administrator using the money who don't of deal the Clinton in campaign says removing device these prescription support drugs for the idea can be the difference not just between in the life Ukraine and death the but truth also is from if Russia you have family to smear or friends this president in your home that they have access to that that didn't they work may either begin using and those when drugs it didn't without work you even knowing stroking it and page that's had the reason the so why called people insurance often become policy addicted to prescription which was drugs the so called Dylan third says dug it's up one on drop way all and Americans that didn't work can help either fight the Russian the opioid collusion crisis delusion didn't from our work perspective and now getting they those got on the use on you wanted know sometimes expired on the starting prescription pitcher medications fails out the manager of people's medicine goes and cabinets comes out and taps is a huge his arm bring way in the bull pen of like ensuring a roll this that Chapman those drugs coughed can up be diverted a and couple nights used ago to improperly Jose by others Altuve national Hey prescription guess what drug take they back brought day is in October the twenty Ukrainian six president more information so let's can be found get to say at TI there was a eight quid pro quo back dot which com existed with Obama people telling will remember Medvedev those who were first to assist but rarely does Vladimir that were second Putin getting this is reelected my queens in twenty president twenty by of care taking heating out and the cooling missiles in Eastern for example Europe in that even a bigger though nineteen deal than people what's going cross on with hunter the Atlantic Biden by here of before course it him is but we the media remember didn't Charles play the Lindbergh way the because media he one was the first to do Obama it solo elected and nonstop and the media five one years later right another now review to anybody repeated the but feat try and to we take remember over the presidency Amelia Earhart they know because what's at she stake was if he stays the first another one five years twenty five years and they ago can't when wait I started much longer here I was the and first so they to want expose him out the deceitful okay practice one M. smeared of using so service is unelectable techs have six do you people buy it in the skies I pray to after god the not cat toy incident let's continue here with German was.

China Trade Talks And How The Markets Are Responding

Squawk Pod

08:06 min | 2 years ago

China Trade Talks And How The Markets Are Responding

"The warning everybody welcome to squad appear on CNBC we are live from the Nasdaq market site in Times Square. I'm becky quick along with Joe Kernan Andrew Ross Sorkin China is again I today on the podcast as two key events were getting underway while squawk box was on the air the latest round of trade talks between the US China in Washington and the sold out NBA priests season game between the Brooklyn Nets and the Lakers and Shanghai a tale of two arenas here's Andrew with the news breaking overnight that underscores the challenges American corporations ace when working in China's apple now removing an APP from its APP store that Hong Kong protesters had used to track police movements the APP is called H. k. map live it was rejected by apple earlier this month but then allowed to go on the service last week Apple said they verified with authorities of course Hong Kong authorities you say that the APP had been used to target an ambush police in threaten public safety after apple removed the APPS and protesters said they make quote visit it's Hong on store we talked about this a bit yesterday on the show but this is a new development of them taking it off the service and then the secondary pieces you know when other authorities go to apple in the United States for example and I'm thinking of ways and sheriffs and others have already done so instead to Google stop putting this on the way service apple stopped taking the service there are other APPs by the way in the United States and in Europe where you can see where police and other people are how it's being used I don't know but interesting yeah I just interesting that every step is going to be so much more closely monitored from any corporation and and I think getting forced to choose sides and so is this is just a political issue right here I mean is this China is this the que- The question mark is product to this specific issue. I don't know enough about it in in the situation I don't know if there were police that we're targeted but it certainly seems the situation where you'd like to hear more if we had v8 in Seattle again or something like that would we be mad if apple shutdown an APP that allowed those protesters I got no I'd like to see I'd like to see them do it and I will say the difference with weights are stationed when you're speeding and you're trying to look ways is on made the argument that by knowing where the police are it actually slows people down it actually reduces were never legal reduces speeding rather than you know I don't know if that's true or not WanNa get it over to Kayla Tallahassee who has some details and maybe some news well it's hard to know Andrew because every hour it changed his talks with Chinese principles led by Vice for me Leo who will still take place today despite what I'm told more difficult and tense conversations among lower level negotiators this week but it's the format of the talks how long they will last which is very important in Chinese diplomacy that's being most closely watched right now the south China Morning Post last night reported the China will leave tonight signaling displeasure and frustration to the US White House negotiators were caught unaware of that news spokesman saying there was no change in the schedule and senior administration officials telling me the US still believed there was a big dinner planned Thursday and that the vice premier was going to be departing Friday evening but an hour later a principal from the about the situation was fluid and whether talks extent to Friday was still an open question that may be summoned the Chinese delegation could leave or that the round could indeed and early but that was still an open question media reports today show a couple olive branches that the US may offer to change that one green-lighting license for always suppliers and to rolling out an already agreed currency deal a senior administration official tells me the president still hasn't made up his mind how he will proceed He's going to based on how negotiations today but here's how he responded when asked about a deal publicly yesterday I told that the president she said you know this I'd be like fifty fifty deal because a fifty fifty deal you're like up there we're down here so fifty fifty it doesn't work you gotta have a little balanced this has to be a better deal from our standpoint and I think they fully understand it as Chinese officials have said any deal would need to put the two countries on equal footing it would need to treat them equally it would need to be a win win situation but clearly becky with the president is describing is not that we'll see how toxic oh behind closed doors will bring the latest as we have it Kayla maybe the most important point for the markets right now is just what you said about the fluidity of the situation things changing so quickly which may be why we're now seeing the futures relatively flat compared to what we'd seen earlier in the trading session yet things changing relatively quickly and the Chinese officials not shy about using press outlets to telegraph exactly how they feel an exactly what they plan to do and how they could throw a wrench in these talks and how the markets could respond that's a very clear message that they're trying to send to the White House into the president will see if it lands Kayla thank you for joining us right now for more on all of this is China Beige book in national CEO Leland Miller and Leland these are some of the most complicated things to try and discern even if you have sources close in Washington you don't know what the other side is thinking and the sides could be changing their minds pretty rapidly to how what kind of how do you read the tea leaves how do you play this mind game that's taking place the most important part of the he leaves right now is just figuring out what's white noise and the reality is almost everything you're hearing right now is white noise the fact that the deputies beating didn't accomplish anything no surprise around you know maybe it's that may look there were some really bad news from the Chinese perspective earlier this week whether you're talking about sanctions blacklists these is being pulled away the Chinese have reason to try to show their displeasure with this but all the nitty gritty is GonNa Happen today and tomorrow in the trade room and they have a lot happens if well look you know anything can happen but if they cancelled tomorrow it's not because of what happened in the deputies meeting it's because they don't get what they want today and I have a feeling they're gonNA get a little more substance than they think today one of the seasons there's been no progress so far is that the administration hasn't formally put a December punt on the table and they've been unwilling to talk about a pullback of the September tariffs these are in play right now we've got October the important now markets are looking at this enormous bellwether the White House isn't what do you think just about how the NBA situation playing out. How apple has now pulled this that that the Chinese said the Hong Kong protesters were using trap police there I mean that to me shows a whole new world and trying to deal American companies trying to deal and operate in China on the one hand it shows that look Dick Decoupling or even moving towards directions going to have serious repercussions for Corporate America this is a new card or this guardsmen being played on a daily for the last forty years and for the most part we have not taken notice of it that is exactly it but I think a an issue try that sort of goes on you know that's not what people are paying attention to now I think people are going to put the big picture together and there's going to be a concerted America pushback decoupling go go back to my ah we've been we've been in this marriage sorta with China symbiotic

Apple China Hong Kong United States Cnbc Joe Kernan Andrew Ross Sorkin Times Square Hong NBA Seattle Brooklyn Nets Google Becky Europe Lakers Washington Dick Decoupling America
Introducing Squawk Pod

Squawk Pod

02:52 min | 3 years ago

Introducing Squawk Pod

"I'm becky quick. I'm Andrew Ross Sorkin. I'm Joe Kernan and you're listening. The SQUAWK pod ends great. Thanks now what they're going to get a high. You can't use squawk box the most powerful business show on the planet and now it's a podcast. PR TO CBC control to bring in show musically coming the becky and three this is squawk pod brought to you by the team behind squawk box. I'm CNBC producer. Katie Kramer daily are anchors producers and crew will bring are you the best stories debate and analysis from the biggest names and business and politics joining us right now is Berkshire hathaway chairman and CEO Warren Buffett and J. P. Morgan Chase chairman and CEO Jamie Amy Diamond joining us by the company CEO Ginny Rometty joining us on the IPO Day Uber Dark House for shy. We are joined this morning by Melinda Gates. Mr President are are you with us. I am with you. Jill great to have you on. Thank you doing Joe Becky Andrew as they discussed the moments that matter setting the agenda for the Business Day Joe Kernan have been here forever. I am one of the CO anchors of squawk box which has evolved into. I think the best thing on TV at least in the morning maybe all day long. I'm becky quick and I've been with squawk box for fifteen years. I've been working with Joe that whole time been sitting next to Andrew for almost eight years at this point for me. squawk box is breakfast with most interesting people in the world. These are the people who are coming up with the next ideas in business the next ideas and finance next ideas and how we should be running this country. It's a privilege to get to talk to them every day. It's more entertaining than any other morning show but you actually might get some useful information. Squad cod is everything everything. TV viewers expect more three hour morning. Show plus behind the scenes content from the production team curated in a thirty minute podcast. Hey Andrew it's Katy. Can you hear me how are are you good morning. DC yet my name is MAG. I'm the tech this is Angela Syndrome. I am the production system for Squawk box and we're just about to get our next guest onset. Is it a two way conversation. Power Pauses on podcast workout. Pregnant Policies Work Related Andrew. It'd be much better at this much more tech savvy craziest show in the world now you get it in your ears to get the smartest takes and analysis from our TV show in your podcast feed every day subscribed squawk pot apple podcasts spotify stitcher or your favorite podcast APP follow us on twitter at squawk. CNBC and start listening. We are clear thanks guys. I'm David favor join me crawl into me a and Jim Cramer for the opening bell our of C._N._B._C. squawk on the street the podcast subscribe for free wherever you listen and you can always catch us live weekdays at Nine A._M. Eastern C._N._B._C.

Joe Becky Andrew Katie Kramer Joe Kernan Andrew Ross Sorkin Chairman And Ceo Cnbc JOE CBC Melinda Gates Berkshire Hathaway Jim Cramer Ceo Ginny Rometty Warren Buffett Mr President Katy Twitter Jill DC Angela Syndrome
"kernan" Discussed on VIBES-LIVE

VIBES-LIVE

06:27 min | 3 years ago

"kernan" Discussed on VIBES-LIVE

"Started active. Plus, my inner circle starts looking like fucking Smith on the my direction got expected. We were flexing. I j plus connections rented on the night. Not got arrested wonder where my heaviest got banged now very next weekend Greenville blacked out spec. Down breezy happy looking wreck down if we miss a lot of shit never seen back out mission. When you first take for like from when everybody yells to find not care that you. But it shows promoted friends don't appear turned proud when the rain Kernan tears, sign of my fears. Something more it's crazy hills open leaves to do it for I was still in high school. Said they heard like this before all return serve specs. Yes. Correct. Got the checks You've got got the the torch. torch. Next one got your back coming next patiently fix next. Thank you. The message back like ignored techs promise Jack shit in charge to the game. He said he learned how to get in trying to slip rubber band around the second all my still interesting, but I lost my leverage doors open, people get aches, and all that changed quite impressive might the that. She left with my heart turn to stone. My city such a cold place some on road. It's no big lost, faith and my systems like the long trying to prove that you. The kid. Sixteen is what season found the plate of uneven shift in opinion. They really team team. Depend on me for whatever reason. Life got home each other adopted coach on the foster brothers. We've done in the city last which start trying to figure how name success they know what steps to take feeling shoes dance with the stars to how gives you whatever it is chasing catch enough to where I can turn all the stories into a couple of the popular kid is fabulous men now nichole scheme. Attention. Just turn the fans. Now, gotta watch Nick is trying to me with their hand out leaving low five or something just came down. Let it be known stood go for DJ JC feet. Only was for. Level one level. Keep muscular showing up. People him. That's us. My first time happy. Happy. Be play culture power. Trip. God is conscious pass. Win. Hours. Win. Steve. Pitches. Let's. Triple kids. How? Cocaine the cable. To do all. The window. Paying skiing? Win. Pay. Steve. Even in. Chuck. Street. My sale played this meal for a doing this. Lynch. Rich and it's a bitch. Maybe team over Kane cheese don't Saint sniff out on clock with fees and the moon. Swedes took my food. Grill exchange what any other in jail. Nobody. Round up and down care. Go. Problem. Mentioned just trying to. Lobster still pushing. After three.

Smith Steve Nick Greenville skiing Cocaine Jack Lynch Chuck Kane
"kernan" Discussed on Security Now

Security Now

03:26 min | 3 years ago

"kernan" Discussed on Security Now

"And who the other guy can earn again Kernan heading jerkin kernigan did see Thompson and writ and Richie. Yes. Did do Unix. And they. They wrote Unix, you know, toggle again in through the front panel because you had to, you know, start somewhere I have their books, you know, the Unix programming language, and the I should get this. I even have the source code, you know, they released the source code in a big bind book. Well, and what's what's what's? So neat about this is that that it's not just a front panel. That does nothing you have you get all of the PDP eleven code and source and s and Unix and everything the w- the way it was back then so for two hundred fifty dollars ordering it right? Did you have to add a raspberry pi? But what are those forty bucks or something or five I got one line around most people do these days. Anyway, I and and so I just you know, I'm I'm afraid we're going to berry Oscar in orders he is sending me one because I have to have one of these this just is just stunning. So I just wanted to share I know from the past that abet our audience has was interested in the PDP eight and that my talking about it. And just like just you know, I mean once this is gone. It's gone. It's maybe don't know that nobody else in the future is going to ever do this again. But I don't think anyone's going to do it like this. This is a work of art. I mean, this is just a masterpiece. So take a look at the show notes. It's P I DP dash eleven I didn't check to see whether that would whether Google would find it if we put in P capital P, lower case, I capital p capital D hyphen eleven let's see what happens. Now, then I think if you just go type obsolescence and PD PIDP eleven something like that. Because the the site is obsolescence wicks dot com. Week site dot com. I bet if he added the word lessons said that find that brought it up obsolescence PDP eleven and and anyone find it that way. And my God is just what a toy. And so his Email list because you can't order directly you have to Email them and all that. Yeah. That would be I have here. He's a good guy. And oh, yeah. I need more blinking lights behind me. Leo. I tried to get the aid. And he forgot to send it to me. And then by the time he remembered it was gone, so Oscar I wanna these L say. I'm sure I'm sure Jason could could could throw this together. And and get it up and going and have some fun with BellSouth on. Yeah. Okay. So on Amores on a much more serious note, we have a an incredibly widespread WI fi firmware bug which by all measure affects probably billions of devices. The title of embeds disclosure was remotely compromise devices by using bugs in marvel.

Oscar Kernan BellSouth Leo Google Amores Thompson Richie Jason WI two hundred fifty dollars
"kernan" Discussed on Newsradio 700 WLW

Newsradio 700 WLW

04:30 min | 3 years ago

"kernan" Discussed on Newsradio 700 WLW

"Out of bounds by the year Brooks with five seconds left to shoot. You would think fifteen minutes of action by trae Scott. He has no rebounds in this game. After having one in last game. Played more than thirty minutes in the Yukon game. Collins will throw it in from the corner can be tough angle to get it in Collins looking looking he guns it to the opposite side of the floor. Three point shot will be an air ball. Rebound goes to Brooks. And he is going to be called for a foul. Technical foul called on the phone booth. You call the partner. He's gonna get his money's worth to because he's right at the scores table in the era of the official who gave them the technical foul. And none of the coaches are coming to get cold. The players are now starting to form a wall around Brooks. He's just been kicked out of the game. Got him first and March Sner just give them a set gave him a second tactical and kicked him out of the game and Cumberland tell them calm down. You've just been tossed. Trying to grab him and he still wouldn't stop. And now he got tossed. Darren Savino, we'll take over and coached the Bearcats the rest of the way with eighteen minutes left in regulation. Two technical fouls assigned it and he gets kicked out of the game. So they can't shoot the free throws until crow scrolling leave. He doesn't realize he's been kicked out. He doesn't realize he's got the second technical. He has just learned that he got a second technical foul from Mark Schnur after Lee castle hit him with the first. Well, the players were trying to grab him to stop him. But he would not stop. And that's when the second official came from underneath the baseline and call the second, technically. David Collins at the line. I. Kernan departs Cincinnati leading forty six to thirty five eighteen minutes to go. So you get four free throws right now and the ball back, and this will do a lot for their confidence. I vow shot. Good for David Collins. A sixty six percent free throw shooter. His second foul shot is no good. The I miss all night for USF after making nine in a row. And again, I hate to belabor the point. But this is one of the nation's worst free throw shooting teams. They've been terrific tonight. Third foul shot. Good. He's made two out of three Cincinnati's lead is down to nine foul shot. Number four coming up for David Collins. Got it now to see how cope Savino would use his bench in how he coaches the game because he will have his own flair and flavor as a head coach. The first time this has happened in the Mick Cronin era. Forty six thirty eight USF also gets the ball. They inbound in the corner Collins got stripped Scott on the floor, and he manages to get it to Jaren cobbling. Cincinnati runs up the floor leading forty six thirty eight. Cumberland passing for Scott throws it out to Keith Williams. Now, we've got a foul on the perimeter dot USF ban. Will we get a few makeup calls after they objected mccrone? And we'll see that one was called on David Collins, and he picks up his third with seventeen forty seven to go. Well, anything you heard from coach Cronin. Maybe you heard a little bit too much. But now it intensifies from the fans, especially close to the baselines and the sidelines as you make these calls seventeen Forty-five left came room has it at center court Castenada defense. He just checked in after Collins picked up his third foul, Keith Williams. Driving baseline throws it out to Cumberland spins past the defender and got Pat because he put up a running shot. This fall is going to be called on Justin Brown. And that is his third foul. You can see the in the players really rally around head coach Cronin. Who was fighting for the team he gets off? And now everybody is rallying around coach Savino and the players. Realized that you.

David Collins Brooks Mick Cronin Darren Savino USF trae Scott Cincinnati Keith Williams Mark Schnur official Justin Brown Bearcats partner I. Kernan Lee castle Jaren Pat Castenada defense thirty five eighteen minutes sixty six percent
Winner declared in Zimbabwe's first post-Mugabe election

Bloomberg Daybreak: Europe

07:01 min | 4 years ago

Winner declared in Zimbabwe's first post-Mugabe election

"Rostov Fox News the Trump administration wants to force China to drop their quote bad. Practices and reform it comes after the US said it was considering increasing proposed Tariffs on two hundred billion dollars worth of Chinese goods from ten percent to twenty five percent. China has warned the US against what it calls blackmail in, Beijing Tom MacKenzie Bloomberg daybreak Europe all right that's the trade story. Another round. Of tough talking between Beijing and Washington. Apple meanwhile has become. The. First US company to hit a trillion, dollar market cap after. Its shares briefly rose above two hundred and seven. Dollars four cents on Thursday Bloomberg's at Ludlow reports on the tech giant's rise it took about. Two hours and forty eight minutes in Thursday's US session for apple to hit the milestone. Since it was founded in nineteen. Seventy six the companies come from relying. On the apple MAC computer to, iphones, and. More recently wearables and other technology and its recent growth which is so incredible when found Steve Jobs passed away in two thousand eleven the company had a market cap of three. Hundred and fifty. Billion dollars it's gone the rest of the way undetected cooks leadership the company have. Momentum from Tuesday when it posted record earnings boosted by stronger Silence in wearables and services, along with, continuing demand, for. Its iphones. Apple got their first. But others are hot on its tail Amazon alphabet. And, Microsoft's worth more than eight hundred billion dollars each in San Francisco Bloomberg daybreak Europe now the UK Prime Minister Theresa may meets the French president Emmanuel Macron today. As part of a diplomatic drive to win European. Leaders over to her Brexit vision with just eleven weeks until a divorce accord is meant to be signed may needs to chart a path to a. Deal we'll Bloomberg's Cowden Qunol has the details the pair would meet let Friday the father break on soon the summer residence of, French president's on the French Riviera between Marseille and niece a relaxing atmosphere to. Discuss tough subjects Theresa May we'll ask him and your support group rain. For Brexit. Including a new trade deal already rejected by. The EU last week but expectations shouldn't be too high as Michigan boundary remains The main negotiator on behalf of the EU commission in Paris counting Kernan Bloomberg daybreak Europe yes the site were Emmanuel. Macron we'll be meeting, Theresa May in the south of France very pleasant if you look it up on the internet and on Google images anyway. Up next we. Need to talk about the US payrolls report Wall Street's betting on another hefty payroll gain in today's payrolls report consensus is for one hundred and ninety three thousand new jobs in July Bloomberg's Vinny Del Giudice reports America's economies added more, than one million jobs since the start of the. Year the unemployment rate dipped as low. As three point eight percent back in may with today's report wage growth will be the. Key for bond traders keeping score inflation it's yet, to reach the high seen earlier in the century. Treasury market reaction to the data has of late candidate, beef fleeting benico chewed ice Bloomberg daybreak Europe now Toyota has reported, first quarter profit that topped analysts estimates helping by booming Demand in China and the popularity of the are av four sport. Utility vehicle in the US operating profit rose to six point one billion dollars in the three months through, June that's even as questions hangover over the world's. Largest car markets after tariff changes brought about. By the trade war caused pricing condition all right we started with. An answer we wrap up with earnings let's also get some fresh headlines from around the world outside the world of. Business and finance his Bloomberg's Bangkok thank you. Very, much Marcus Zimbabwe's election officials have finished counting in the country's presidential election MandA innocent Zanu PF party is therefore duly, declared. Elected president of the. Republic of. Zimbabwe with effect from the third of August twenty eighth Heads of the ruling Zanu PF party, Emmerson Mnangagwa, secured around. Three hundred. Thousand more votes than his main rival opposition leader. Nelson Chamisa is threatening more protests claiming widespread electoral fraud White House press secretary Sarah Huckabee Sanders has refused. To, back away from US President Trump's assertions that the media. Is the enemy of the American people in a heated exchange with White House reporters Sanders blame the media from flaming tensions in the country it's ironic that not only you and the media attacked the president for his rhetoric when they frequently lowered the level of conversation in this country repeatedly the media resorts to. Personal attacks without any content other than to incite anger memo Russia could face a raft of new sanctions or the claims of. Election meddling that's if a bipartisan. Group of senators are successful in their bid to sanction Russian energy projects and produce a report on President Vladimir Putin's assets Net worth. Republican Senator Marco Rubio told. Bloomberg that Russia. Needs to be held to account this information warfare they're using platforms like Facebook and Twitter as a vehicle by which the conductors so I don't blame the companies for it they're providing a product that's out there these guys. Are going. On and using that product and is Europe banks another, heat wave, forecasters say. The all. Time temperature record could be broken in the coming. Days the current European wrinkled is forty eight degrees centigrade which was set in Athens in July nineteen seventy. Seven, but that could be basing this temperatures are rising in. Spain and Portugal thanks to a surge of hot air sweeping in from Africa global news twenty four hours a day on the talk on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries I'm Ben Clarke this is Bloomberg Ben thank you so much now with. Your morning sports here's Joe Townsend England's cricketers star Deidre of the second test against India Edgbaston on nine for one this morning. That twenty two Ahead after their colleagues one hundred and. Forty nine helped the Taurus reached two hundred. And seventy four in their first innings. India captain was dropped twice for all around us some current says England. Is still in a, pretty good position as, you can see it's probably looking at the scorecard. Is probably pretty even in a test match obviously not ideal is in cookie England crickets some, Belling Scott, known beaten half century to help can't be Essex in the t twenty. Plus and go top of the south group the back in, action again, this evening at Hampshire in one of eight matches the championship season gets underway tonight with Frank Lampard making his managerial debut the former Chelsea and England. Midfielder Lee Darby. Against reading an England's. Georgia whole starts day. Two of golf's women's British. Open writing contention. She's just two shots off the lead role Levinson Australia's mingy lease out in front on seven, on the path That was the sports straight ahead on Bloomberg daybreak Europe we're gonna bite into our by weekly restaurants. Segment with Bloomberg's teeth food critic Richard vines. That's coming up next this is Bloomberg the following is a commercial There are only three.

Bloomberg United States Europe Apple China Kernan Bloomberg President Trump Theresa May Beijing Sarah Huckabee Sanders Twitter Steve Jobs Zanu Rostov President Vladimir Putin Tom Mackenzie
Trump criticizes Federal Reserve, breaking long-standing practice

Rush Limbaugh

03:00 min | 4 years ago

Trump criticizes Federal Reserve, breaking long-standing practice

"To late call the experts. At Optima Tax Relief Optima works. To stop the aggressive collection. Actions and fights to get you the best possible tax settlement they have an a plus rating with the BBB call Optima now for your free consultation call. Eight hundred nine six zero fifteen seventy, five eight hundred nine six zero fifteen seventy five Optima Tax Relief Ben Ferguson today at four on six hundred. Ninety two point one FM Donald Trump's outrage. Doing an audio sound bite number twenty four this afternoon CNBC power lunch they played a preview. Clip I guess there's an interview tomorrow morning on squawk box Joe Kernan interviewed Trump and they played an. Excerpt in Okay the excerpt Trump goes We are, after back, the director Rush Limbaugh of behind the the, golden Federal the Reserve microphone yet another, hour Because. The broadcast, fed excellence is raising hosted interest. by. Me Rates which takes Trump Europe off they distinguished Trump in Trump prestigious, does not Limbaugh want. His institute economy, for. slowed Advanced down. conservative. Studies by His the, way, comedy the is Trump going administration's great guns we're, rejected, headed to four percent GDP the Federal Reserve Putin's are oh request no no no to no way question gotta slow it leave, down former we gotta make Russian, sure? There's ambassador no inflation so they for raise Obama interest rates you're not supposed. What was his To name attack McFaul or the something fed chairman in Just public to show you you see Just to show you not now not we made while mention the of Russians this when this are happened meddling in. Elections and, I, and, think while you Muller's know, I investigate, I now this. you're not I supposed. suggested To do this to you that could and be Trump. one of the Apparently reasons the drive did bys I put a very went good ballistic man in the. Fed I don't is because necessarily it appeared agree to me that with Putin it Trump because coordinated he's raising interest a rates I'm not saying that press I agree conference with it and little routine That I must tell you, I Designed don't to mock I'm not thrilled and make fun of the media but at the same time I'm and letting them, do and what they feel because, is best Trump said, well, I'm. you Just know saying that's, interesting the same idea thing that and I I. would, have Think said as, a private I citizen think Putin has something so somebody would to say say oh about maybe that you shouldn't say what that as what a president is your point I couldn't care Mr less President what. They say Putin says I don't like all I of will this make work. deal That we're putting into I the economy. will, make And Neil then I see rates I will going. let. Up Me them come right to Russia they're, putting, a, lot, of, work they're to? overcoming Interrogate a lotta obstacles. prisoners Primarily if the democrat party I, can interrogate and primarily the. Washington people snap judgment of. My choosing and in they're. America Creating a growing American Everybody economy went bonkers and here comes the fed. Raising everybody interest, went ballistic rates this. Low at down did and you hear. he's What you Putin off said and, he's did acknowledged he wants I to guess interrogate you're not supposed to do this in public when you're president Americans but I would do it in private if? And I wasn't people. Say president well so and what I am president I Muller don't wants to? like Interrogate Russians so. Now accept there's Muller going to be really a meltdown doesn't over this So Trump doesn't for the know past two days how, to behave this to me and, is he's comical going to cause turmoil For and the past chaos two in the markets days the Trump It's unprecedented administration has don't been you know leading because the the media Russians are meddling and to believe Muller's investigation that it was considering here comes, Trump destabilizing actually the Federal sending Reserve by over. daring Bama's to criticise ex ambassador what the gods to Russia of interest back, rates there over doing how to Putin dare he for interrogation But remember Embassador the Russians I think meddled his name is McFaul and. has been That's all that matters traffic This coming is from the outrageous wolf chase Toyota I studio cannot believe wolf my chase country Toyota would not once protect again me Memphis against this is number kind, one of volume assault store from a leader road..

Donald Trump Putin I Muller Trump Europe President Trump Optima Russia Rush Limbaugh FED Neil Cnbc Ben Ferguson Toyota Barack Obama Federal Sending Reserve Joe Kernan America Washington
Life after the draft: Ex-NFL stars share sound money advice for new players

The Phil Valentine Show

01:29 min | 4 years ago

Life after the draft: Ex-NFL stars share sound money advice for new players

"Freestyle skier david wise alpine skier stacey cook biathlete many for new f and snowboarder aerial gold and i'm sure trump's feelings are hurt so these are the folks who didn't show up because they're big fat babies we know proteins we don't like trump if the president of the united states but see they don't care by the kind of stuff they don't care at all life after the nfl draft well they say that nearly eighty percent of retired nfl players go broke in their first two years out of the league going to sports illustrated nearly eighty percent once a first round draft pick former nfl player patrick kernan beat those odds the former pro bowl defensive end sucked away the bulk of his income after eleven years with the atlanta falcons and the seattle seahawks after currently retired he earned an mba from columbia university and went on to give financial advice to other nfl players he's now the director of business development at nfc investments and principle it currently insurance to newly minted pros to to the newly minted pros carney advocates a very conservative mindset of the outset keep a years worth of spending in cash in high yield savings account and invest the rest they need.

Donald Trump President Trump United States Patrick Kernan Atlanta Falcons Seattle Seahawks Columbia University Carney NFL Director Of Business Developme Eighty Percent Eleven Years Two Years