26 Burst results for "Moynahan"
Bloomberg Radio New York
"moynahan" Discussed on Bloomberg Radio New York
"Invest in risky assets that we've seen certainly in our lifetimes and probably more than our investing lifetimes because the job of the fed as we've been talking about is to make half attractive is to raise the cash rate and make that attractive and slow the economy that way. And that means that increasingly investors are going to be looking and saying, wait a minute, am I getting enough compensation for sitting in a risky stock for sitting in a long-term bond versus what I can get basically risk free, having my money in cash, that pull towards cash is part of what's going to help slow the economy and get inflation further under control. And I think the best diversification that investors can find right now in the markets is, first of all, moving more of their fixed income towards inflation link fixed income, where they're actually get paid the inflation as it occurs, that's a possibility, most investors haven't really utilized sufficiently. And number two, looking around the world, not the whole world looks like this. So look at places where you don't have an inflation problem like Japan. You don't have a persistent inflation problem there. There are still going to be really excited to see 2% inflation happen, let alone more than that. Okay, so that was a Bridgewater's co CIO Karen Carnegie speaking there too. Bloomberg's Jonathan Farrell, so I thought really interesting conversation from her. Now, in just a moment, we're going to cross over to blue bay TV because Farsi lacquer is speaking to Brian moynihan, who's the CEO of Bank of America, of course, as she was just speaking to the former president of Croatia. So she's out on the road, speaking to really interesting people, of course, at this Bank of America global investor summit that is taking place. So we'll put that in a moment. Yeah, and I'll be interested to hear if he talks about. Again, the question has been for banks remuneration hiring and we learned overnight that Citigroup is also looking at reshuffling their investment bank due to the difficulties with deals will be curious to say whether we get some clear color from moynahan on that. Yeah. Absolutely. So the global investors summit Bank of America. Have a listen in to our interview with Brian moynihan. At the summit
Bloomberg Radio New York
"moynahan" Discussed on Bloomberg Radio New York
"Is the greatest job in the world. He acknowledges that it's the board's decision to keep him on, but he is no intention of leaving. The greatest job in the world. But let's talk a little bit about the economy. You brought that up that, you know, that's a discussion that those two have. And I can see how sort of leaving money on the table in boom times would be frustrating to shareholders, but this responsible growth approach. How does that look as we're heading into maybe a recession? We have about 40 seconds left. Well, it really means the clients back to his mornings earlier comment. It's the clients that stick. So in a recession, if you have the clients and they're not clean, obviously they might not be in a healthier position. But if you have built the house with stronger foundation, hopefully you're able to weather the storm. All right, it's a great piece by Bloomberg news finance reporter Catherine Doherty, the headline of our business week magazine. Yeah, the latest issues you can go out and get it, hold it physically. You don't have to just listen to us. That is Brian moynihan, has a mantra he repeats to stay out of trouble. I don't know if responsible growth exactly rolls off the tongue. Yeah, it's not very catchy. I trust your gut, necessarily. Yeah, but it's a great piece and moynahan obviously is a fixture at Bank of America, even though necessarily he wasn't the first choice or not the natural came from consumer banking. It's not a big banker or a big trader or something like that, a big investment banker, but the consumer bank has been and continues to be a real strength at that bank. There you go. Well, we are just getting started here on Bloomberg business week. We're going to count you down to the close coming up soon. Much more to come. All right, let's get a check on the latest world of national
Mark Levin
New York Post: Schumer’s Daughters Work for Amazon, Facebook as He Holds Power Over Antitrust Bill
"New York Post lady a moynahan Schumer's daughter's plural Work for Amazon Facebook As he holds power over antitrust Bill Senate majority leader Chuck Schumer is responsible for shepherding antitrust bills that aim to crack down on big tech And both his children are on the payroll of companies the proposal would seek to rein in On the money has learned in the New York Post Jessica Schumer is a registered lobbyist at Amazon According to New York State records Allison Schumer works at Facebook as a product marketing manager I mean so damn corrupt Advocates of the legislation fear that the tech companies ties to Schumer's children could create a conflict of interest people close to the matter told on the money And they say Schumer's familial connection to the tech companies is just the tip of the iceberg When it comes to the cozy relationship some members of Congress have with these firms When you put together the amount of money speaker Pelosi made off tech with the fact that leader Schumer's two kids work for giant tech companies Democrats are going to have a very hard time explaining of major legislation doesn't move forward this session One progressive operative told the post
Bloomberg Radio New York
"moynahan" Discussed on Bloomberg Radio New York
"People can't forget the shortages and labor now too So it's not only good to manufacture it's also the people to make them And so when you talk to our clients they all get it's messed up It's getting a little bit better It's easy for it's been a problem for many months now And the belief that it is totally related to the virus is true but there's also a tremendous amount of demand in our economy right now Consumers are spending a lot buying a lot of things and we can talk about that separately So businesses are able to increase prices because there's only so much goods are sold And that leads to inflation But more importantly they are starting to see a little bit of help and are starting to use their lines but the reality is it's a real concern If you want the risk because we need people and goods to manufacture for 2022 and those things got a straight out relatively soon And that's why you're seeing the administration bring other people into help and getting to people together and figuring it out but it's been going on for ten months now I want to come back to the consumer question you suggested Before that you say there's a little bit of improvement As you talk to your customers how fast is this supply chain problem improving And do you have any sense of when we may be getting back to something approaching normal I think it's a slower fix but each day it's better If you're a ten you went down to two when you go to three you have a 50% increase So the question is people forget your people don't care what happened to yours Do I have the stuff today And can I get it tomorrow So that's what started to get better And the bigger companies have learned to work around it You've read the articles or seen the data about that I'm sure some people have been on the show here talk about they've learned to get control of their import stream for lack of a better term But it's something that's got to be reckoned with and done and yet you're seeing it slightly better So that was the Bank of America CEO Brian moynihan speaking exclusively with buen Berg's David western interesting Bank of America planning to hire four to 5000 staff intense competition who was talking about inflation It's here It's about what happens next So that was by moynahan All right let's get over to Bloomberg's Hannah George's got.
Bloomberg Radio New York
"moynahan" Discussed on Bloomberg Radio New York
"To these Pellegrini Denise a lot of controversy surrounding this year's UN climate change conference And we had a chance to hear about the role of finance in helping improve the environment from Bank of America's CEO Brian moynihan Now Bloomberg's francine loquat caught up with moynahan on the sidelines of cop 26 in Glasgow There's a lot of expectations on finance what finance can do Do you feel a lot of weight on your shoulders for corporations to do more and maybe fill the vacuum left by politicians Well I think this is a transition adjust transition We all have to make as a consumer as a company as a company and everything you do everything goes on around And so there's a lot of pressure on banks because our clients are demanding this Our investors are demanding this The politicians of worlds demanding this And so if you think about it in the context the SDGs in 2015 the United Nations all the countries said we want this to happen Stand up development And now we've got implement But when you look at some of what Wall Street and banks and general can do could you stop lending to businesses at pollute too much Well that's the great debate But to help everybody make a transition all our clients have to make a transition Some of them extract minerals some extract fossil fuels And they're all making those commitments And our job as a financial institution is excess assess them on a risk basis honestly Here's my plan Here's where I'm going to go And it's hard for them I mean it's easy for services for them to say I'm going to be net zero but it's hard for them And we've got to stay with them to help make that transition They need capital to deploy And so their plans their declarations and you're seeing it by many of them now saying we're going to do this by this year Then we can be part of the measurement system because as we underwrite them what the risks were underwriting is do they have a plan that meets the standards that were wants them to have And if they don't they're going to have a problem financially down the road and that's how we do it Do you see real commitment from a lot of your clients to actually also incorporate scopes for you Because this is a big one which is the hardest If you're using steel it's very difficult to make that steel green Yeah It is but everybody's got to remember everybody scopes through somebody else's scope one and two So the analogy is that a car is going to be a net zero car Every part on it has to be net zero And he pushed to his supply chain The commitments by the car manufacturers and other people will allow the steel industry to make the change It is expensive the steel industry to make the change But if you think about the overall context of the cost or something it's not as high if everybody agrees We're going to help make that change And so that's the thing And when we look at from a finance emissions obviously the heaviest debate are the biggest bang for the buck for lack of a better term So that's where you have to concentrate on are they having a plan to follow How many clients are resistant to change You know I really don't think people are People understand it People people are trying to figure out how they take these wonderful companies and move them And so with the SMI work we do with the G fans work we do with the west climate leaders work You just see more and more companies understand we all have to make the change And yes there's leaders and there's some laggards But one of the things about metrics and other things is you can bring everybody to a minimum standard And it does have to be the top just everybody gets a minimum standard move from there But if you look at the amount of and I don't know whether you see more change in the public or private sector but when you look at the amount of ESG products or sustainable financing available that was grown exponentially but you still have missions go up So I'm not sure what needs to change for how you deploy capital to make emissions at least stop at this level Well I think so there's a lot of models and calculations about the one and a half and what's going to happen But I think one of the tricks is not here the experts tell me They've never modeled this much commitment from the private sector which spends all the money So when you think about trying to implement this in the trillions of dollars a year it takes the debate is oh my gosh what government all of our own deficits from the pandemic is going to have money to put on a table And the answer is no The private sector but if you think about us changing how we operate we have a $120 million of energy use this year We've been driving that to all renewable sources You think about that across all the countries world GE that's a lot of money And then you have the offset market that develops from what we can't mitigate and we can use that to move especially in developing countries with a little bit of money has a big impact reforestation and things that can help So it's that net zero commitment by all sectors including the governments is operators They'll do it And then so people should understand that integrated business loop If you're running a midsize company at some point soon you're the first one you sell to and the supply chain is going to turn to you and say you have to be in that zero So our job as a bank is to educate and that's coming out So where's the biggest opportunity for banks Well we did $80 billion of financing last year.
Bloomberg Radio New York
"moynahan" Discussed on Bloomberg Radio New York
"Time at Baxter And I'm to these Pellegrini Denise a lot of controversy surrounding this year's UN climate change conference And we had a chance to hear about the role of finance in helping improve the environment from Bank of America's CEO Brian moynihan Now Bloomberg's francine lockwood caught up with moynahan on the sidelines of cop 26 in Glasgow There's a lot of expectations on finance what finance can do Do you feel a lot of weight on your shoulders for corporations to do more and maybe fill the vacuum left by politicians Well I think this is a transition adjust transition We all have to make as a consumer as a company as a company and everything you do everything goes on around And so there's a lot of pressure on banks because our clients are demanding this Our investors are demanding this The politicians the world's demanding this And so if you think about in the context of the SDGs in 2015 the United Nations all the countries said we want this to happen Stanford development And now we've got implement But when you look at some of what Wall Street and banks in general can do could you stop lending to businesses at pollute too much Well that's the great debate But to help everybody make a transition all our clients have to make a transition Some of them extract minerals some extract fossil fuels And they're all making those commitments And our job as a financial institution is excess assess them on a risk basis honestly Here's my plan Here's where I'm going to go And it's hard for them I mean it's easy for services for them to say I'm going to be net zero but it's hard for them And we've got to stay with them to help make that transition They need capital to deploy And so their plans their declarations and you're seeing it by many of them now saying we're going to do this by this year Then we can be part of the measurement system because as we underwrite them what the risks were underwriting is do they have a plan that meets the standards that were wants them to have And if they don't they're going to have a problem financially down the road and that's how we do it Do you see real commitment from a lot of your clients to actually also incorporate scope through Because this is a big one which is the hardest If you're using cereal it's very difficult to make that steel green Yeah It is But everybody's got to remember everybody's scope three somebody else's got one or two So the analogy is that a car is going to be a net zero car Every part on it has to be net zero and he pushed through supply chains The commitments by the car manufacturers and other people will allow the steel industry to make the change It is expensive the steel industry to make the change But if you think about an overall context of the cost or something it's not as high if everybody agrees We're going to help make that change And so that's the thing And when we look at from a finance emissions obviously the heaviest debate are the biggest bang for the buck for lack of a better term So that's where you have to concentrate on are they having a plan to follow How many clients are resistant to change You know I really don't think people are People understand it People are trying to figure out how they take these wonderful companies and move them And so with the SMI work we do with the G fans work we do with the west climate leaders work You just see more and more companies understand we all have to make the change And yes there's leaders and there's some laggards But one of the things about metrics and other things is you can bring everybody to a minimum standard And it doesn't have to be the top Just everybody gets to minimum standard moves from there But if you look at the amount of and I don't know whether you see more change in the public or private sector but when you look at the amount of ESG products or sustainable financing available that was grown exponentially but you still have missions go up So I'm not sure what needs to change for how you deploy capital to make emissions at least stop at this level Well I think so there's a lot of models and calculations about the one and a half and what's going to happen But I think one of the tricks is not here the experts tell me They've never modeled this much commitment from the private sector which spends all the money So when you think about trying to implement this in a trillions of dollars a year it takes the debate is oh my gosh what government all of them around deficits from the pandemic is going to have money to put on a table And the answer is no So the private sector but if you think about us changing how we operate we have a $120 million of energy use this year We've been driving that to all renewable sources You think about that across all the companies world GE that's a lot of money And then you have the offset market that develops from what we can't mitigate and we can use that to move especially in developing countries with a little bit of money has a big impact reforestation and things that can help So it's that net zero commitment by all sectors including the governments is operators They'll do it And then so people should understand that integrated business loop If you're running a midsize company at some point soon the person you sell to in the supply chain is going to turn to you and say you have to be net zero So our job as a bank is to educate him that's coming out So where's the biggest.
Bloomberg Radio New York
"moynahan" Discussed on Bloomberg Radio New York
"At Baxter And I'm to these Pellegrini Denise a lot of controversy surrounding this year's UN climate change conference And we had a chance to hear about the role of finance in helping improve the environment from Bank of America's CEO Brian moynihan Now Bloomberg's francine lockwood caught up with moynahan on the sidelines of cop 26 in Glasgow There's a lot of expectations on finance what finance can do Do you feel a lot of weight on your shoulders for corporations to do more and maybe fill the vacuum left by politicians Well I think this is a transition a just transition We all have to make as a consumer as a company as a company and everything you do everything goes on around And so there's a lot of pressure on banks because our clients are demanding this Our investors are demanding this The politicians of worlds demanding this And so if you think about it in the context of the SDGs in 2015 the United Nations all the countries said we want this to happen Stanford development And now we've got implement But when you look at some of what Wall Street and banks and general can do could you stop lending to businesses at pollute too much Well that's the great debate But to help everybody make a transition all our clients have to make a transition Some of them extract minerals some extract fossil fuels And they're all making those commitments And our job as a financial institution is excess assess them on a risk basis Honestly here's my plan Here's where I'm going to go And it's hard for them I mean it's easy for a services firm to say I'm going to be net zero but it's hard for the and then we've got to stay with them to help make that transition They need capital to deploy And so their plans their declarations and you're seeing it by many of them now saying we're going to do this by this year Then we can be part of the measurement system because as we underwrite them one of the risks we're underwriting is do they have a plan that meets the standards that we're wanting to have And if they don't they're going to have a problem financially down the road and that's how we do it Do you see real commitment from a lot of your clients to actually also incorporate scope through Because this is a big one which is the hardest If you're using steel it's very difficult to make that steel green Yeah It is But everybody's got to remember everybody scope through somebody else's scope one or two So the analogy is of a car is going to be a net zero car Every part on it has to be net zero and he pushed through a supply chain So the commitments by the car manufacturers and other people will allow the steel industry to make the change It is expensive the steel industry to make the change But if you think about the overall context of the cost or something it's not as high if everybody agrees We're going to help make that change And so that's the thing And when we look at from a finance emissions obviously the heaviest debate are the biggest bang for the buck for lack of a better term So that's where you have to concentrate on are they having a plan to follow How many clients are resistant to change You know I really don't think people are People understand it People are trying to figure out how they take these wonderful companies and move them And so with the SMI work we do with the G fans work we do with the weft climate leaders work You just see more and more companies understand we all have to make the change And yes there's leaders in some laggards But one thing about metrics and other things is you can bring everybody to a minimum standard And it doesn't have to be the top just everybody gets to minimum standard moves from there But if you look at the amount of and I don't know whether you see more change in the public or private sector but when you look at the amount of ESG products or sustainable financing available that was grown exponentially but you still have missions go up So I'm not sure what needs to change for how you deploy capital to make emissions at least stop at this level Well I think so there's a lot of models and calculations about the one and a half and what's going to happen But I think one of the tricks is not here the experts tell me They've never modeled this much commitment from the private sector which spends all the money So when you think about trying to implement this in a trillions of dollars a year it takes the debate is oh my gosh what government follows her own deficits from the pandemic is going to have money to put on a table And the answer is no The private sector but if you think about us changing how we operate we have a $120 million of energy use this year We've been driving that to all renewable sources You think about that across all the companies in the world oh geez that's a lot of money And then you have the offset market that develops from what we can't mitigate and we can use that to move especially in developing countries with a little bit of money has a big impact reforestation and things that can help So it's that net zero commitment by all sectors including the governments is operators They'll do it And then so people should understand that integrated business loop If you're running a midsize company at some point soon you're the first new sell to in the supply chain We're going to turn to you and say you have to be net zero So our job as a bank is to educate and that's coming out of it So where's the biggest.
Bloomberg Radio New York
"moynahan" Discussed on Bloomberg Radio New York
"On the capital It suspended the constitution and called on residents to defend Addis Ababa after the rebels captured key towns on the way to the city fighting between the army and the dissident tigray forces has escalated since the start of October More provinces in China are fighting COVID than at any time since the virus first emerged in Wuhan in 2019 Local infections have been found in 19 of 31 provinces despite increasingly aggressive measures by local officials as the country continues to pursue a COVID zero approach China reported 93 new local cases on Wednesday And Netflix is getting into video games the streaming giant introduced 5 mobile games for Android that are included in a subscription including titles linked to its shows such as Stranger Things Netflix has targeted video games as its next big thing and titles for iPhone are also planned Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalists and analysts in more than a 120 countries I'm Hannah George This is Bloomberg Caroline Thank you so much Hannah with the world news now we've been focused all week on cop 26 and the climate summit BMX Farsi lacquer has been speaking to the Bank of America chairman and CEO Brian moynahan are on the eve So this was yesterday of what has been designated finance day We're expecting to hear from Rishi sunak about what he wants to hear from financial firms in the UK in terms of outlining how they're going to reach net zero goals Well moynihan gives a very interesting view on what finance can do to support the green transition Fancy began by asking moynahan whether he feels await on his shoulders to do more and maybe fill the vacuum left by politicians This is a transition a just transition We all have to make as a consumer as a company as a company and everything you do everything goes on around And so there's a lot of pressure.
77WABC Radio
"moynahan" Discussed on 77WABC Radio
"Greg Kelly is on the Air 77 W. ABC. The Taliban is now telling us what to do. I heard a warning from The head Taliban guy. He looked Taliban to me and he said, Uh, America has to get out of Afghanistan by August 31st or else They'll have to deal with the wrath. Whoa! Can't they just speak? He would deal with the rat. That's a lot. Um, I thought of September 11th was the no kidding. Cut off date, right? Anyway. Now we're now we're we gotta worry about them and what they say. We gotta I don't like this at all I do here now. The fake news trying to say Well, consider this. No Americans have been killed. Isn't that great? There was a guy on the news this weekend, saying You know, if you really think about it. No Americans have been killed. But you know how many people have died of Covid in the past week. Like it doesn't work that way. All right. That's it is it is it. We only care when people die, is it is it that it doesn't? You heard people about? I remember even back 9 11. There was some idiots saying well, You know 3000 people in a cutting shut up. This is a calamity. There is no denying it, but they're trying to deny it. And they're trying to move on. And I think it's insane that some folks are Actually like yesterday, dedicating half the show to covid crap. Half the show to covid crap. And just moving on past this thing, it's not over. Chaos reigns. Our troops are in harm's way. It's the opposite of withdrawal. Where, plus ng up And as President, Trump said on Saturday night, even a five year old child could have figured this one out. A five year old child. And by the way, Remember how Joe Biden was going to be the kind gentle nice guy empathetic he was going to have so much empathy. And George Stephanopoulos, for all of his fake news faults, asked him last week about the people falling off the plane running by the plant running next to the plane, Remember and jumping on and falling off the plane from 100 FT. In the air, a couple 100 ft in the air and dying. What? What did Mr empathy say about that? But we've all seen the pictures. We've seen those hundreds of people packed into a C 17 We've seen Afghans falling was four days ago five days ago. That was four days ago. I would have been empathetic back then you should have asked me. It was two days ago. Your dummy. It was two days ago. Somebody pointed out. You might have been lovin when you saw them on Friday. Um, his whole cabinet. They were all wearing masks. It's one of the few times those mass really came in handy. They wanted to hide themselves. Because they were so embarrassed by their own failings by Joe Biden's It was just There's there's just no getting away. Uh, from this. This is a catastrophe. But Lisa in New Jersey wants to say something about the brain surgery. Comment I made a while ago. I, Lisa Hi great. Great. Yeah. Hi. Let me switch from Greg. I'm gonna I'm gonna die. Hold on. Okay. Hey, Nice to talk to you. I'm a big fan of yours, but But I have a correction a little bit. I'm not a brain surgeon, but I did have a brain aneurysm. Um, three years ago and My doctor that you know that's on your station. Her husband actually did the surgery and and my well, here's the deal. You got it three years ago. Three years ago. You got it, So that's 20 Let me do the math. 2018. So Joe Biden got it done in 1988. And back then it was a totally different situation. I've talked to brain surgeons about this and I dabble in brain surgery myself. And they told me no kidding that it compared to how they do it, how it was done to you. It's it's It was barbaric back then, and now it truly is precise and you can go on and have a normal life. Tricia, did you Wait. No, Lisa, Did you learn anything along those lines? What they did was Greg, as they did actually have to cut my head open. I was cut open from my forehead to my ear. Yeah, but they did it. Look, they did it. I did have, um, an angio. Great. They did go up through my groin. Yes, they did through your groin. Yes. Yeah, he did. Don't tell us anything else. Keep going, General in an angiogram, right? And all right. But little Lisa. Bottom line. You're not a brain surgeon. I'm not a brain surgeon. But brain surgery. Brain surgery is much more sophisticated today than it was when Joe Biden had His situation and look It's not definitive. His issues today might be related to that they might be related to just overall cognitive decline. It can't be discounted. We don't know. I talked to a brain surgeon who said even back then people would go undergo brain surgery. Sometimes they're belong term. Um you know signs of mental decline, and sometimes there wouldn't be So couldn't rule it and couldn't rule it out. Hey, by the way, So, uh, did you almost die? I mean, what happened? Well, to be honest with you, Um I was experiencing massive headaches and actually, my dog detected it. Um, she would not leave me Alo the night before, and I was I couldn't even It was the worst pain of my life. I can't even explain it to you, but I went to an emergency center. Well, how did the dog detected? What do you mean? The dog detected it. She knew something was wrong with me. She kept on. She would not leave me alone. She kept on pressing her. Head into my into like you know, into my chest and she would just she was nonstop. Wow. Yes, I've heard of this before. I love that. What kind of dog She's a boxer pit. Amazing still around. You still here? If you're sleeping on her bed right now, I'd love to hang out with that dog. Make sure everything's okay. No. But Yeah, So next day I went into the an emergency center, and from there, I went to the hospital. And from there, they detected it and A couple of you know, some decisions had to be made and how I was going to continue with what surgeries and then it was done. Well, presto, you proved my case because you are obviously normal and well adjusted and articulate. And Joe Biden is none of those things and he had the surgery in the 19 eighties. So I think we're on the same page here. Order, But they did have to cut my head open just to let you out. They did have to get in there somehow. Alright, I'm sure the whole they had to make in your head is not as big as the whole they had to make in Joe's head. Quite frankly. All right, Greg, I'll take a picture and send it to actually I would be intrigued. All right. Thank you, Lisa. Very, very much. How about that, huh? Near death experience. Um well, actually did she almost No shoot? She's gone. How about that dog? Oh, a boxer pit mix. Tricia has something to say. Are we good for time? Do I have to take a We're good. Alright, Tricia. Real quick. What's going on? Well, I want to talk about corrupt demand to Joe. But just on cackling Kamala, she deserves all the snark. You can give her but give Cathy Ho show uh, you know, break on the looks. Look at the substantive issues like her connections with the working families party and HRC and stuff, not her looks. But, um, can I just say one thing about the looks? Yeah. There is something about people. Who spend a little bit too much time on their looks, which is a little bit of a you know, it kind of puts me off. People are always looking at themselves in the mirror. You know what I mean? You're getting this done that done the other thing. It does sometimes indicate where their priorities are. You know what I mean? She? I mean, she has a very determined working class background Catholic immigrant family from Ireland. She she was not made lieutenant governor because she's All that. Cuomo was up was looking for somebody. Who would not outshine him would not in any way pose a threat politically to him. I don't. I don't understand a one term congresswoman. She served one term in Congress. And then she was a county clerk before that, my my big takeaway is, I think And I could be totally wrong on this, But I think it was a fundraising thing. You know, the thought the husband seems pretty rich. Am I right? I don't know, but she she was a lawyer, and she served in different people like Daniel Patrick Moynahan. He's a liar. Liar or a lawyer. Lawyer, while some are both that.
Enlightened Empaths
"moynahan" Discussed on Enlightened Empaths
"In for me denise looking at my shelves of books. It's it's like a time traveling machine. Do you feel that way like you can look at a book and remember where you were what you were doing when you read it for some books. Yes i love that so anyway. My oldest daughter came home from college. early in may and she's getting ready to sell all her books back and so she's an english major so these aren't textbooks their you know fiction books and livia don't don't sell those back. Keep them and she said why and read them. And i'm like oh look bookshelves. We walked back to a big bookshelf. And i have a whole shelf of all the books. I kept from college and she was like you held onto these and i said yes i did and i pulled out this book. I started reading it. And she's reading volume to it's called. Second to none a documented history of american women in its by dr ruth moynahan now. She was my history teacher for a lot of my classes at uconn and i love this woman switch. She's now passed onto the other side but she's really the one who inspired me to major in history and to become a teacher. She had raised six or seven children a large family. Her husband was a professor of history at uconn and when she was sixty years old and she had raised all her children she went back for college to finish their college degree and to get her phd. In when i met her she was in her seventies and had been a full time professor for about ten years in an already written two books. And i just find that so inspiring for anyone who's like. Oh well i'm too old to go back to school or it's too late for me. I always think of dr moynahan and this book is absolutely phenomenal. it's again it's one of those books you can pick up and put down because it's just a compilation of diaries..
Snap Judgment
New York Man Seen Photographing a Senate Desk Charged in Washington DC Capitol Riot
"Seen in a video photography photographing papers on a desk in the U. S Senate chamber during the January 6th siege of the capital, has been charged and freed on bail. Christopher Patrick Moynahan was arrested Thursday and freed on Friday after an appearance in White Plains Federal court court papers say morning and can be heard speaking disparagingly about senators as he rifles through congressional papers and a criminal complaint and FBI agents and a former co worker of Monahan. Identified the 30 Year old Salt Point resident in Dutchess County after seeing him in a video last month. His lawyer declined to comment.
Bloomberg Radio New York
"moynahan" Discussed on Bloomberg Radio New York
"This is Bloomberg Wall Street Week With David Westin from Bloomberg Radio. Wall Street has joined so many others and figure out how to work from home efficiently and effectively. But the appreciation for all that added flexibility. Just maybe wearing off you know, we have 10 12% back. We're bringing some people back on the case Count fell. The problem is, is that you know, then the Thanksgiving came Christmas came. The whole thing sort of exploded again. We stopped all those initiatives, but that was volunteer. You come back. We won't tell me they come back, but a lot of people want to come back. That was Brian Moynahan, chairman and CEO of Bank of America related companies, is the largest landlord in New York City and one of the most important real estate developers in the entire country. And we asked its CEO Jeff Wow, what it's going to take to get people back into the office in New York. The two obvious answer answers our vaccine rollout. But probably even more critical right now is testing. You know, we all thought after New Year's, everyone would return right back to the office. But in an interesting twist, I have a feeling that the vaccine announcement and the closeness of it has really enabled companies to just say I'm just wait. It's so close. I'm not gonna pull it went back to the office yet. You know, Unfortunately in New York, you know office actual occupancy people showing up for at their desk every day is under 10% on, but it's critical that we kind of really push testing. Make people feel safe and comfortable until the ultimate do get vaccine So people come back to the office of People don't come back to the office. New York cannot recover. And that's really that's really the sad thing that's happening now. Our restaurants are closing. Small businesses are closing. And just if you walk around Midtown people aren't here. And so it is critical. I do think that the rapid test is getting Cheaper and more effective, and so that will help. But I think it's it's gonna be slow going until kind of a real vaccine rollout. What could people companies that own and or manage these properties do to expedite that? I mean, for example, does it make sense for them to put rapid testing it into their own buildings? So in partnership with the Governor Governor Cuomo here in New York what we've done and what he really put out was every building. Um, well, he wants to create in effect Cove. It's safe buildings on And so, for example, what we've done here in Hudson Yards is in partnership with Mount Sinai, and we've created a testing center. So every one of our tenants has access to this testing center. Or they can come onto a new employees. Employers own its premises. That's what we do here related. So every week Mount Sinai comes in, and every single employee gets tested once a week. On in the buildings, and he guessed that wants to come into the building goes through a rapid test program. And so those two things will enable us to call this a covert safe place on DSA. We we've managing. We're managing it that way, and I think more. The more people can do that. Roll out that type of testing protocol. I think people will feel safer and we're comfortable that coming back to work and That's really what it's gonna take. One of these were very conscious of in New York obviously are the financial organization said. Do you have a sense of companies and in Wall Street how eager they are to get their people back in? You know, I say it varies. I mean, I'm sure you for David Psalm and really encouraging Goldman to encourage his employees to get back. He had a very funny quote, he becomes, said. Well, I'm sure you guys don't wanna work home from your living room. And you can't do that until your competitors shows up in person and wins an assignment. You guys need to get back to the office. Right? So I do think that there is pressure market will ultimately bring pressure for people to come back. You know, it's interesting. You hear a lot about Tech tenants or CEO saying I'm gonna let my place just work from home till June or December or forever in some cases. And yet, behind the scenes when you talk to them, and I I spent a lot of my time doing exactly that really trying to understand what their plans are. They realized that this doesn't work from a long term perspective. They realize that cultures not does not work. It is not created over zoom interactions happen in the hallway and you bump into each other. I know certainly hear it related. That's how We work. It's a little bit less formal, and our best meetings just occurred when you walked down the hall and see somebody and it's hard to create that on unsealed. You can't schedule that interaction. How do you How do you train new people? They don't You have an incoming class of analysts. Goldman has 2500 new analysts come in. And what are they supposed to do on June? So I ultimately do think I think the long Run answer here is that there will be more flexibility in the workplace. I think that employees value the ability to work from home a portion of the time If you divide it Person's day into the bump into law, an interactive meeting and writing an investment memo, which they can't do by themselves. Maybe there's a way to divide that workout and the I'm just using this investment memo writing actually happens, you know, on Friday at home on the rest is, but it also needs to be a coordinated day. Because if you have people randomly showing up and not showing up, then that interaction doesn't happen either. So in speaking to some of the tectonic cos That's what I'm hearing as a potential outcome of this. They might be that this group says on Thursday, we're gonna have worked from home day. Everybody else has to be the same day. So then everybody's out, and then the rest of the time everyone interacts together, So I really do think people want to get back to the office for Culture for training. Um.
Bloomberg Radio New York
"moynahan" Discussed on Bloomberg Radio New York
"Pandemic effect on air travel. With quarterly results from JetBlue and other big airline I made Korean W. W. J in Detroit. I'm reporting Ford will start making an all electric Mustang in China. Man. Those are some of the stories are 2700. Bloomberg journalists and analysts working on this morning around the world Now is lawmakers in Washington haggle over stimulus spending. Bank of America CEO Brian Moynahan says any measure needs to be targeted. He spoke with Bloomberg's David Westin, and here's what he had to say He's stimulus dollars can be spent much more precise, and I need the last Case was a good one. In that it went unemployment to the unemployment. Some supplement their this $600 under 75,000. Those air those air, good items and future similar sodomy. Likewise scared because otherwise you gets diminishing returns and then you have the issue. How you pay for long term and The issue of whether it creates inflation. But there's a lot of pent up savings and we expect a good second half the year now. It's just Miss Take everybody makes is they talk about all the economic snake. Forget there's one simple question. Which is we have to win the war on the virus, and right now we're going in with a much better. It's situation from a fight and that we have this vaccine and this vaccine is going into people's arms, and that then changes the course this and yet that's still out there. But that's a life in a tunnel that wasn't here this year last year in the summer and spank of America's CEO Brian Monahan, speaking with Bloomberg's David West, and when it comes to that vaccine effort, the U. S has administered more than 25 million shots. You can keep track on the vaccine tracker. Online at Bloomberg. Calm this, his Bloomberg That's it. It's a new year and with T Mobile..
New Jersey 101.5
"moynahan" Discussed on New Jersey 101.5
"Day. All the details are on n j 115 dot com And that's thanks to our sponsors. He clean bro. All natural prepared meals delivered straight to your door and Planet fitness. Get a move on joint Plan of fitness today for $10 a month. No commission that is some long. Copy your along. Copy 100 to 83 1 of 1.5 Jovi, Eric Pots in for Tyminski and Doyle today. Right now. We're just talking a one wondering out loud really is. Can you remain friends with your ex 1? 802 8311.5 this based on the fact that Tom Brady after advancing to the Super Bowl last night? Received a congratulatory tweet from ex wife or ex girlfriend whom he has a son with Bridget Moynahan, and I was wondering because I'm reading this article on fox news dot com Right now. And, uh, Is this the same sun? The Tom Brady kisses on the lips? Oh, I don't know. I'm not sure. I'm not sure how many sons he has. And which one he kisses on the mouth, which is so weird, And that's another reason why I could never like become like a true Tom Brady fan just creeps me out too much. It creeped you out that they kisses on the lips. When in the was a small child is like, Hey, the child could walk on his own. Okay. The child was like at least eight years old. Yeah. I mean, that's a little bit too. When they're babies, I mean all the time. That's different, but we're talking like Like able to like, make his own PB and J sandwich and his dad is driving a car and not only dad, give me the keys, not asking for a kiss getting one of them going. That's it. The Quran genius weird dad thing I've ever seen in my entire life. But that's besides the point. What's What's What's what uncles do. What are you gonna do now? I'm not gonna listen. I'm not gonna I'm Excuse me. I'm taking I'm taking no pages out of the Tom Brady Brady playbook. I'll tell you that. All right, 100 to 831 on 1.5 remaining friends with an ex Janet in Tinton Falls. You're on the Jersey One of 1.5. How you doing, Janet? Hey, good. How are you? All right. Welcome aboard. Would you want to say No, I want to rephrase the question. Is it necessary to be friends with direct? Do you have a child with that person? Because of your child with that person, then? Yeah, grow up. Get over yourself. Everybody's gone their own way. It's important for kids to see that adults can get along. Especially, God forbid you have an emergency where both parents have to be in the same place. Same time for their kids. You know, it's just You just seemed like nobody seems to want to get over themselves to you say, Janet So went down. Move on. When can you be petty about it then, he said. Come on. I like that. That's no fun. We want to be pet. I do like the way that Jenna looks at it now. Unfortunately, Janet, as I'm sure you know many marry, you know, formerly married couples with kids. Many of them can't get to this. Mental breakthrough that you are revealing on live radio right now that it would be a better message for the kids, even if you guys remain friends. Well, yeah, but you have to understand, too, that my marriage ended. A while ago. So I'm not gonna say I didn't have problems with what happened each witness, but the bottom line is you're better. You're better in minute. That child's gonna look at you when you're having an argument. Who do you want that kid to look at for guidance. The one that's losing their minds are the one that's going to stay calm and tried to, you know, get through it. Let me tell you. We got too many people out there freaking out. And these kids are like, OK, I guess I need to freak out. You really have to just look at it. And the child by I like it, Jack. All right. Should. I should've had freak freak out. Ready to go freak out. I should have had if I had known you were going there Jan, I would I cued it up, Jenna. Thank you so much. Hopefully more people can can get into your state of mind will be awhile, but you can get there and that's the question you can ask is just look. Is it worth it to you? It's worth it's your kids. That's all that matters. And if you want to freak out, I don't know. Let's talk about, Biden said. I'll freak out. We were talking about Biden later, Janet, Thanks so much. On the jersey One of 1.5. Um, um, yeah, I mean, depending on how you know things went down, you know, it might take more time than others. T get to that place in your life where you're willing toe. Be friendly with that person again. Um one other wrinkle that might come into play would be What if you are dating somebody or you're engaged or married to somebody who is very tightly intertwined with your family. It took me that long or your friends will. Oh, are we doing this pit from two minutes ago, we get the damn song of Get up! Go! I just had to do because I went through all that trouble. Listen, I mean, you know the little engine that could Esso like, Let's say, Let's say you're dating somebody for a couple years or you're married to someone for a couple of years and over this time. That person became very close with your family became very close with your friends on then all of a sudden you're fighting out that Those friends of family. They are in your life. There still Having a relationship with your ex. Does that bother you? Would that rub you the wrong way? That's another question to or whatever. And whatever happened to your high school crush? I want to know that 1 802 8311.5 Alina in queues, Berg. You're in New Jersey. One of 1.5. How you doing? Hey, How are you? All right, happy Monday. Happy when he sees this, So would you want to say? Um Yeah, So I have like my old act. I'm like, nine or 10 years ago. I'm still really good friends the way it came in the sailing or not. It's your You know, but comparing that my relationship now you know he's not happy that on friends that they asked, but it's not like I'm talking to them every day. Especially. I have a very good relationship with your family. I'm not gonna go ahead. Just they know just somebody you need to work on your insecurities. You know now, have you gotten to the point with your in your new relationship Is that no longer an issue Because I'm kind of with you Where if you're of the mindset that you're happy with your ex and your life in the way that they're in your life Then then, then, too bad like that's just That's what you decided You're not going to change that. Well, yeah. I mean, there is a fine line. You don't cross between new one. And the old one. You know, I It's part of insecurity issue And you know what? He looked or not? He was there. I'm not hanging out with him not talking to him. You don't know exactly. Alina, your phone's breaking up on us. But we get the gist. Thank you so much for calling the jersey one of 1.5 What Say you can you remain friends with an ex 100 to 831 on 1.5? It is 2 30. Now the latest New Jersey news from INGE, a one on 15 calm. The House is set to bring the impeachment article against Donald Trump for the Senate trial. But a growing number of Republican senators say they oppose the proceedings against the former president. That's a sign of dimming chances that Trump will be convicted on the charge that he incited a riot at the U. S. Capitol. The trial is set to begin in two weeks. Ah, bill has been introduced that would require Jersey schools to start substance abuse education in the third grade. Assemblyman Eric Simonson has been an educator for the past 30 years says, You learn Nick. Marijuana is affecting kids younger and younger, and now that it's going to be legalized, it was important to me to expand the education of it. Right now. Jersey School start teaching kids about the dangers of drugs there. Six or seventh grade health class is two men shot to death at a birthday party in Edgewater Park. Officers called to the home just before when a M Sunday and found the bodies of 29 year old James gets the third and Marcus Thompson.
MyTalk 107.1
"moynahan" Discussed on MyTalk 107.1
"Not so much for Packers fans so Vikings fans y'all can decide what side of the line you're on. Did you want Tom Brady to go to another Super Bowl? Do you hate the Packers so much that you would rather see the Patriots win? Not the Patriots. Whoa! Tom Brady win with the Buccaneer Scott that was a blast from the past. Or, um or you sad about Aaron Rodgers. Now you all know where I stand in this. How do you feel for him? Maybe peace among is very, very okay. Okay. Sad and very dark. I haven't spoken to my father yet today. No, and I'm frankly concerned about his well being, so I'm hoping that he's doing okay. I'm sorry. Dark today. So close. Does it surprise you? I mean this because there's not a lot going on in entertainment. This is entertainment. This is probably what's on everybody's mind this morning. So let me ask you if you could put on your Take off your Packers Bias Cheese hat. What is this? Say to you about Tom Brady? The fact that he is the goat, and that's a big bummer for those of us who really like Aaron Rodgers. Better? Yeah. Yeah, but Giselle Bundchen, celebrating as Tom Brady and the Buccaneers advanced to Super Bowl 2021. Giselle is, of course, the supermodel who is Tom Brady's wife, and this will be his 10th Super Bowl and she was gushing about him on Instagram. We love and are so proud of you, Papa. They have two kids together. And then he also has a 13 year old son with Bridget Moynahan. Who? I don't know if you guys saw it after the game, he walked right to the stands. And he said, Hey, I want to see my son and then his son Jack, who's 13 walk down. And gave him a hug. He like got up to the stands. They were playing Atlanta It is really sweet. I don't know, but I hear Yeah. Area. Well, yeah. I mean, if you're a Packers fan, you obviously wanted a different outcome. And Vikings. Yes. I don't know you Vikings fans. Some hate the Mariners so much that they never want them to win. They would rather have the Packers lose no matter what happens. Even if it involves Tom Brady going to another Super Bowl. Bridget Moynahan, By the way, Who is Tom's acts and the mother of his son? Also posted a congratulations. Oh, nice. Good there. Yeah, see, But how can things get better? For Tom Brady? How could things get more perfect. He's so perfect, and he has home field advantage, Which is history, making exactly right. The Tampa Bay Buccaneers will play in the Super Bowl in Tampa Bay coming and I only knew that cause I read that I had. No, I'm impressed. That's really good. No, don't be impressed. I read it on a sheet. What do you guys think about this couple? This is kind of interesting. Kourtney Kardashian dating Travis Barker. Were Lee. Yes. Okay. Yeah, It's bothering people. 1 82. It's bothering people like our digital. Uh, Digital Queen Hanna. It disturbs her so much, she said. She's refusing to post the story on our night talk social account, which cracked me up. Don't remember him. I mean, he's like, very tattooed. He has an ex wife, Shanna Moakler, and they did a reality show together to remember that I do and they have They have two kids together. And then he has a stepdaughter from that relationship who is very close to two. So, um, I mean, you know they're everybody's co parenting with everybody in this situation, but it's It's kind of an interesting Couple, But he you know, he was like at that time when they did that reality show he was this super tatted up like hardcore looking rocker guy, And then he was very sweet. So it was sort of a funny juxtaposition for back then, you know, you know, tattoos have like an evolution right back then. Even in like Early two thousands. It was like, Oh, my gosh. What's happening here? Yeah, And you kind of had like this preconceived notion about what he looked like and what he would be like and and I think he broke some Stereotypes down from doing that show. It was cute. Oh, I think so. Too together. We like to link 1 82. So there's another, You know, Touch point. We're like, OK, we like the band. And then, But yeah, I like him and his wife, then wife at the time. It was a fun reality show Itwas but they've been over for a long time. They were together from 2004 to 2008. They So Kourtney and Travis have a pit apparently been dating for about a month. They've been friends for a long time, and he really liked her. For a while. She's been, you know, she isn't dated a ton of people, Maybe just not as openly as Scott Disick. Her ex who's always dating someone who's 19 just hangs out around the high school. It's so creative for graduation lets out. No crazy. Sorry. Age. Great. He just goes to graduation parties for high schools. Yes, that's a stating, you know, another creepy thing. Do you remember when the was just thinking about this the other day? I don't know why this popped into my brain. But when the Olsen twins turned 18 Mary Kate and Ashley. And there were all these green Mike down on Dame Rose like these men created these countdown lot of DJs. It was discussing radio DJs did that. Oh, totally to count down until they turned 18 like then it was legal. And then they could have sex with these girls was that I mean, that's the implication with this. Yes, it's so creepy. Yeah, a little on the U E don't know. Drinking some orange juice. Some tang this orange juice need something. King is also like Tang and sunny d. I mean the marketing campaigns for two in a ring costing. Oh, they told you that those were healthy thing I have to tell you. They're not healthy. Like they said astronauts drink Tang. I love it when you sent with him up there. There aren't any stores. No doctors, a 7 11. If there were, they can get some pretzels and flat cheese. Like going nuts. Somebody shoved into the like food compartment. Yeah, Page six has a story today that the Kelly Clarkson show which in some markets a lot of markets, Ares after Ellen too generous, That's not the case in our market. That it.
Newsradio 700 WLW
"moynahan" Discussed on Newsradio 700 WLW
"Money news. It's time for the Bloomberg Market Minute on 700 wlw. All right, Mr Ballenger, we have home values. Um which, I guess are up and up nicely. Yes, they are home values up for last month. Zillow says Typical home values nationwide were up nearly 8.5% from December of 2019 values were up more than 3% in the fourth quarter alone. That was the biggest quarterly gains and still don't started tracking the numbers in 1996 and prices and Cincinnati were up 11.3% year over year. That's a big in. That's a big in Bank of America workers going to get some some bonus pay. You have workers who, with the company through the pandemic, getting bonuses. B of a workers who were in $100,000 a year or less will get $750 higher paid employees will get stock. A CEO Brian Moynahan sent a memo to the staff. He said the company and teammates were called upon to address unprecedented challenges. All right, Then there's a smartphone brand spun off by while way. What's happening with that? Well, it's introducing new devices that feature American made chips. The newly created company is called Honor device. It says it's doing business with most global suppliers now supplies to whywe were cut off because of the U. S sanctions under the Trump administration. The new smartphones from honor brands used chips from Intel, MediaTek and then video. All right, Then we have a bond movie delayed. Another movie delayed. Yes, the delayed a second time. MGM originally planned to release no time to die last year, but moved the premier to April because of the pandemic. Now, the film's debut has been pushed off again this time until October. 8 the company's betting that things will be better by then we'll see. Hey, futures are still lower Looks like a weak start to Friday session S and P futures down 27 points. NASDAQ futures are down 85 the Dow futures around 237. Have a good weekend from Bloomberg. I'm Jeff Hullinger. Unused radio 700 wlw.
Newsradio 700 WLW
"moynahan" Discussed on Newsradio 700 WLW
"700 w L job. All right, Jeff Ballenger. Good morning, sir. Good morning. Happy Friday. Mike San, Do you? Bank of America says gonna pay some bonuses to employees. Who worked through the pandemic, just like we are. That's right. B of a workers who earn $100,000 a year or less will be paid an extra $750 higher paid employees will get stock rewards. CEO Brian Moynahan sent a memo to the staff. He said the company and teammates were called upon to address unprecedented challenges and earned the rewards. How about them? I'm sure I heart media will be right behind them. You'll see the writing the check right now. I'd probably probably alright. Samsung says they might build a plant in the U. S. Considering building a chip making factory, possibly in Texas, as sources say the giant chip and smartphone makers and talks to locate a $10 billion facility in Austin. The plans are preliminary, but of sends a Samsung decides to move forward. Construction could start this year operations could begin sometime in 2023. Samsung is hoping a U. S factory will help it win more American clients. All right where we wrap up yesterday. What's up for today? All right, mixed session yesterday, A tech stocks did well, leading the NASDAQ to a record high. The NASDAQ gained 74 points, half a percent. The S and P. 500 added just one point. But that was also good for a record close because it was at a record on the Wednesday now closed, 12 points lower, so not a lot to show for yesterday's session. Realtors report on December sales of existing homes after the markets open this morning. Economists expect to hear that sales ease some last month. All right. What about future, Sir? Covert worries Back in focus Futures Point to some early losses s and P futures down 27 points. NASDAQ Futures are down 75. The Dow futures are down 259 this hour from Bloomberg. I'm Jeff Hullinger unused radio 700 wlw. Alright, time.
Bloomberg Radio New York
"moynahan" Discussed on Bloomberg Radio New York
"Global News Update Theta senators overriding a veto by President Trump for the first time, that means a massive defense spending bill will become law. Among other things, Trump objected to a provision to rename military bases that carry the names of Confederate heroes. Democrats are being stopped in their tracks for 1/4 straight day as they tried to bring to the Senate floor. The House passed a bill which increases stimulus checks to $2000 Majority Whip John Thune was in the way today. I think money many of us on this side the hour will you look at other ideas and things that we could do that would Help those people more. But this certainly is not it So I object. Senate Majority Leader Mitch McConnell has called the proposal socialism for rich people a new year, a new, grim milestone in the Corona virus crisis. Johns Hopkins researchers say there have been more than 20 million confirmed cases in the U. S. And there are fears about a new variant strain, although reporter Riko Shal says one Tampa doctor says folks should not be alarmed. University of South Florida Public health Dr Jill Roberts says there's no need to get super worried. She tells 10 to Tampa Bay. While the variance train is more contagious, there are no signs that is deadlier. Florida is the latest state confirm it has a case of the new variant. Thousands of Americans were already without power, and the number should grow as an ice storm moves up. The mid Mississippi Valley Up to 4/10 of an inch of ice is forecast. University of anti canvassing attic community Luminita They're not supposed. Francis is calling for Mason. His New year's message. The possible deliver the appeal in the noon address at the Vatican after chronic leg pain forced him to miss the traditional New Year's church services. It's believed to be the first time the 84 year old Francis missed a major papal event because of his health. The pope told the faithful that pieces of gift since life today is governed by war, hatred and many other things that are destructive. The college football playoff semifinals are today. Top ranked Alabama takes on number four Notre Dame in the Rose Bowl in Arlington, Texas, then number two claims in clashes with third rank Ohio State in the Sugar Bowl. I'm Tom Roberts. Former Pennsylvania governor and former U S. Attorney General Dick Thornburgh has tied Michael Kastner reports. Thornburg served two terms as governor, starting in 1979, and then it's with great pleasure that I announce my intention to nominate former Governor Richard L. Thornburg to serve his attorney general in 1980 80 became U. S attorney general under President Reagan and was held over in the position when George H. W. Bush became president. Thursday. Governor Tom Wolfe remember Dick Thornburgh is a man who served Pennsylvania in the nation with pride and distinction, saying that his contributions will not be for gotten Dick Thornburgh was 88 years old. Michael Kastner. One of Indiana's new laws for 2021, is an old abortion law that spent years in the court's starting Today. Women in Indiana must get an ultrasound no more than 18 hours before getting an abortion. Lawmakers approved the law back in 2016. But Planned Parenthood suit and kept the law tied up until now. Planned Parenthood dropped its law student in August, opening the door for the law to take effect. Moynahan Train Hall in Manhattan is welcoming its first customers. Today, Scott Pringle has more well, this is bringing much needed relief to the overcrowding of Penn Station, the MTs general, Lieber says. Moynahan Hall connects with Penn Underground. Even customers 50% more capacity because it allows people to move much more freely through the station rather than getting stuck in all these indirect routes, the old Penn Station creates. Now Moynahan is serving l a double or an Amtrak customers and offers free WiFi expanded seating areas and dining and retail stores. It's very bright on the concourse with a skylight that has over an acre of glass. That's got Pringle Don't eat the icicles this winter. That's what I will meteorologist Katie Nicholl hours warning in a viral tic tac, she says icicles can contain petrified bird poop. She explained that I schools are formed from water running down the sides of buildings and that the top buildings normally have a lot of bird poop. The viral video has over a million views far I'm Tom Roberts. And doctor, these Pellegrini and.
77WABC Radio
"moynahan" Discussed on 77WABC Radio
"Kessler. There's new video showing a group of cyclists who attacked a BMW with the man and his mom and side also smashing up a cab in Manhattan. We gotta teach our young people better all the time. Mayor de Blasio calling those car attacks unacceptable. Video shows teen cyclists swarming the vehicles, punching them, denting them and breaking windows with their bikes and feed both incidents Tuesday afternoon on Fifth Avenue, At least one has been arrested, but the father of that 15 year old boy says police have the wrong kid. One person is dead in the New Year's day fire that ripped through a young curse apartment bill. Thing. It happened about five this morning and a Bruce Avenue building. No word yet on the cost. No idea on the victim. The new Moynahan trained Hall is welcoming its first trains today connecting Penn Station, Amtrak and the Long Island railroad trains and boosting capacity there by 50%. It allows people much more freely through the station. The empty is Jenna Lieber. Most fest starts tomorrow in the city. If you'd like to take part, make sure to remove your Christmas tree ornaments before putting it curbside. W ABC News Time two of four traffic in transit or next now, your forecast from the Ramsey Subaru Weather Center 38 degrees cloudy, dropping to 40 Tonight. Rain later 54 the high tomorrow with morning rain. From the 77 w ABC News disk. I'm Sara Lee Kessler, Hoaxes and other fake.
Ray Appleton
California unemployment: CA lawmakers demand to know why Bank of America is draining EDD accounts
"Ah Bipartisan Group of state lawmakers is now demanding to know why Bank of America is draining state unemployment accounts. Here's KGO reporter Michael Finny. Group of 59 State legislators is demanding answers from Bank of America firing off this letter to CEO Brian Moynahan, saying every legislative office in the state has experienced an unprecedented number of constituents asking to resolve problems with a D D and B event. The letter poses a list of questions to be answered by Tuesday. Among them, Why is Bank of America taking funds and freezing Democrats? Bank of America tells us that will respond. Directly. The legislators meeting General will say we are working with the state and law enforcement to identify and take action against fraudulent applicants.
Steve Dahl
Cancers associated with high-fat diets
"Doctor Timothy Moynahan says there are diets that are associated with a higher risk of developing cancer diets that are very high in fat high in meat especially processed meats meats that are charred or char broiled again if it's excessive in those regards those people do have a higher risk of various types of cancers stomach cancer colon cancer breast cancer others as the old saying goes an ounce of prevention is worth a pound of cure and some simple changes could help lower your
Todd Schnitt
‘King Tides’ Could Make Hurricane Dorian Even More Destructive
"Hurricane Doria now a dangerous category four hurricane with winds of one hundred thirty miles per hour extending about thirty miles away from the center of Dorian the storm is five hundred seventy five miles east of west Palm Beach moving west northwest at ten miles per hour some experts say hurricane Dorian is happening at the worst time today is the start of king tides which are the highest tides of the year they usually happen in the spring and fall Palm Beach county beaches were virtually empty today's residents prepare Jupiter beach lifeguard supervisor lieutenant Tammy Moynahan tells news channel eight and tap it was a different scene from her beach tower near Jupiter and like twenty four hours ago the other day when all this is coming to fruition and we were understanding that we were going to get a direct hit from a lot of a lot of but live man bloody yachts coming into the and let let Todd in the VHF radio and the intercoastal and more
Bloomberg Businessweek
Trump, Jamie Dimon And President discussed on Bloomberg Businessweek
"There was word today by the way the president trump held a conference call Wednesday amid the plunge in the stock market with three of wall street's top executives Moynahan Jamie Dimon the JPMorgan chase and Michael core about of city group people familiar with the matter say the executives briefed the president who was at his resort in Bedminster New
Financial Issues with Dan Celia
Bank of America is raising its minimum wage to $20 an hour
"Forget fifteen dollars minimum wage. A big Bank is now planning to up that to twenty dollars an hour with more. Here's USA's, Chris barns. That's what Bank of America CEO. Brian moynahan says they'll be doing whether the new height takes effect in about two years. It means the Bank will be starting people at forty one thousand dollars a year, the minimum wage will rise to seventeen dollars an hour starting this may I the moves are coming more and a hand and other banks ios are scheduled to testify before the House Financial Services committee on Capitol Hill on Wednesday
MarketFoolery
Are we talking about GE or GM?
"That Tuesday, April nights. Welcome to Mark Tillery. I'm Chris joining me in studio today from fam- fund, a proud graduate of the university of Virginia law school Bill Barker. Congratulations to your Cavaliers. Thank you. Thank you very much. It was good run heck of a run and we've got condolences to our colleague, Mike Robinson whose Texas Tech grad who's at the basketball game last night. But congrats to. Metropolitan our colleague, and the many UVA graduates who worked here at headquarters. Lot of lot of orange and blue around the office today a lot of people fly in the colors. Why not they should? Yeah. Yeah. I mean, we're is a Virginia company. That's true. That's true. People don't know that. And let's face it. When it comes to major college sports, you're probably going to have a better shot at winning national title with your law school than your undergraduate alma mater, time will tell I guess, I guess we'll say we're going to dip into the full mailbag. We've got news from the healthcare industry the packaged foods industry. Let's start with this get the popcorn ready because on Wednesday. The CEO of the biggest banks in America are heading to Capitol Hill to testify before the House Financial Services committee. The rundown is Jamie diamond from J P Morgan Michael bat from city, David Solomon from Goldman Sachs, Jim Gorman from Morgan Stanley, Brian moynahan from Bank of America will get to Wells Fargo in a second coincidentally or maybe not coincidentally Bank of America announcing today that the company is raising the minimum wage at its company to twenty dollars an hour. And if nothing else the timing of that announcement makes Wednesday probably a little less painful for Brian moynahan hand testifying on Capitol Hill. Yeah, I think so I don't think there's much coincidence about it. I think it's. We'll see it seems like a smart political play at the moment getting the headlines that that they want and positioning, and they'll know expound on that a bit in front of the cameras. So I think that it takes some of the wind out of the sales of of those that are going to attack at least Bank of American. I, you know, I think every everybody is going to be under pressure to to respond. So in terms of Wells Fargo. At the moment. If someone from Wells Fargo is on the list to testify I haven't seen it yet. Doesn't mean. It's not going to happen. We've still got time before the hearing. But I'm reminded of a conversation. I had couple years back with Paul liner. Who's covered the automotive industry for thirty plus years, and we have him on motley. Fool money pretty much every year around the North American International auto show in January and talking to Paul about how. About the ripple effect of. Automaker X having some sort of large failure. And failure to disclose. The failure of whatever the technology is whether you know, it's Volkswagen in the emission standard and just sort of the ripple effect. Like, if you're if you're any of the other automakers you like 'cause they they all pay for it in some small way. And by the same token Wells Fargo just continuing to screw up in terms of their own culture the fake account scandal. Tim Sloan who was there when the scandal? Happing happened not being the right person to try and clean up the mess. And then you know, he is shown the door. If you're any of these other CEO's, I have to believe in the back of their mind at some point tomorrow. They want to say, hey, at least, we're not Wells Fargo. I mean, it just it. It's one of those things where yes, it's a Wells Fargo problem. But it really does spread to the other. Banks. Yeah. I I think that they'll probably to the extent they can sort of redirect the questioning toward. Oh, well, Wells Fargo. You probably would've enjoyed having them here to kick around. And I was I was looking up some of the data on what's been paid. So far post. Oh, eight oh nine and there have been about a about a quarter of a trillion dollars in fines against the banks and not all that cash. Some of that is as been settled in by loan forgiveness, and and some other credits, but it's a, you know, in terms of there was a bail out of the banks true enough, and they paid back the money that they were in some cases forced to borrow from from the federal government. But but that was paid back and they have paid fines. And I don't know that that it is a strong thing to say, hey, look, we've already paid a quarter of a trillion, you know, combined in fine. So don't act like we. Haven't you know, already been punished? That's that's not going to get them anywhere. But you know, they can talk bleakly I guess about having made amends at times, well and one difference between now and five years ago eight years ago that sort of thing is you can make a pretty strong case that big banks are no longer number one on capitol Hill's enemy list in terms of the business world. I think the big tech has probably supplanted them. So for any CEO who wants to try out there? Well, hey, at least we're not Wells Fargo. They could just as easily and by the way, we're also not Facebook. Yeah. Well, and I don't know if that's going to go anywhere either. As I so they've got to create the accentuate the positive part of the story in this twenty dollar minimum pay which Monahan is said, look anybody who works here is going to be making at least forty one thousand dollars. A year. That sounds pretty good as if you're thinking in terms of a minimum wage job of which there are essentially none INA back, right? You've got Bank tellers to the degree that that's a major part of the employment. Banks. I don't know how much that's the case. But you don't have a lot of employees who are probably, you know, competing with at any of these banks who are thinking, what are the other minimum wage jobs that I would be comparing this against, but I think it is a positive, and they're pointing to it in part as something that they are doing their they're connecting the dots between the tax cut and making this sort of passing on some of the profits that they have they're sitting on from from the massive tax cut. So you know, that will get them some of the way with maybe about. You know, one half of the aisle one side of the aisle will will allow them to talk about that and the other half, probably less. So. Like, I said get the popcorn ready. Let's move onto Cerna Corp, which is healthcare. Technology firm, sir has reached an agreement with starboard value. Well, known activist investors to add four members to the board of directors Cerna is also buying back. One point two billion dollars worth of stock. Which of these two things is pushing shares of sir up ten percent today. Because my assumption is just based on the fact that shares of Sern are have sort of treaded water over the last five years or so I'm assuming it's the board seats, I think, yes. Wing along in the the line that starboard is is recommending it's remarkable starved really doesn't have that much of Cerna. I think a red by one percent of Cerna stock, but there's whole laundry list of changes that are going to be made including the strategic business unit being eliminated. I think that. Dividend was just recently, the started by sir. And it looks like they are going to be forced to change some of their capital allocation, including at least authorization to buy back up to one point two billion whether that gets follow through or not we'll see. But I think the board search is, you know, that's that's all part of the equation. I don't know how you can separate a twelve percent move when it opened now it's maybe eight or nine percent. And you know, what part of that is scribe to what part of this whole package. I'm not looking knock starboard value. But I am curious about something that you just said, which is that start value only has a one percent of Cerna Stott. How are they getting four seats on the board? If they only have one percent of the stock. The seems like something you get when you have at least five percent of the stock and really closer. To ten percent of the stock. I agree. I was surprised when when I read that. And so I want to admit that I need to make sure that that's the case before going too far. But if it is the case, you can you can guess that they have some other shares that they are in communication with that are on their side because. Yeah, one percent is one percent. If that's all that. It means is hey, sell your one percent if you know that unhappy. I mean, we we don't you don't have as much power as you think. But if they have plenty of people on their Rolodex, and you know, nowhere to push the buttons and organize the the votes that proxy time than that. That's a different story. Yeah. I was gonna say if in fact, it's only one percent then that opens up a whole world of opportunity for activist investors, potentially. Our Email address is market fully at full dot com. Questioned from dang who's writing from China, dang rights. I've been listening to market fuller since I started investing in stocks and twenty fourteen lately, I've been looking at some large cap stocks, which may not grow that fast and cites as examples Kroger General Motors and some airlines docks. Goes on to I'm considering their p values which are below ten making them cheaper than the market average. Are they bargain or are they potential traps? The age old question dang value play or value trap. Because that is always the thing that sucks in. I was gonna say value investors. But really a lot of investors just, you know, their growth investors who just see a stock. Get knocked down twenty percent in one day and immediately start thinking. Well, look, it's it's on sale twenty percent. So you know, maybe I should be jumping in here. How do you help people think about solving this question because we're talking about more than one stock here, and we're not gonna go through like Kroger. General, you know, we're not gonna go through all of them. But what do you sort of look for once once you've made that initial calculation of? Okay. Here's a large cap, it's not going away. And sometimes we're looking at large companies that are paying dividend. So there's some reason to buy them, maybe the businesses and setting the world on fire, but you've done the math. And you say we'll look from peace stamp this significantly cheaper than the overall market. Why should I buy a few shares? Yeah. Is a good question. And to take the p so it's I'm looking at data that right now in comparison to its forward earnings GE for instances at five point eight times forward earnings. And boy that sounds street at is cheap over the last five years. The average is six point two. So usually for the market for the last five years for GE over g so g is not it's maybe, you know, five percent cheaper than its five-year average in comparison to the forward earnings expectations. And why is it so cheap one the Ford earnings tend to be overly optimistic not only for GE, but for everybody at this time of the year, you're still going out one quarter ninth and yet reported, and so there is the typical enthusiasm about the year ahead, and as the year goes down and companies report, and they say, you know, we're gonna we're not gonna Aaron quite as much as we may be thought we did. Or as you thought we did. Additionally, just it's a highly cyclical industry autos and auto sales of begun to level in decline, and
Barclays reports net operating income for Q1 2018
"And other services to certain gun makers comes after dozens of employees lost family members suffered trauma related to mass shootings co brian moynahan says workers suffering from gun violence urged the new policy and in the uk the home secretary's apologize for failing to grasp the scale of the wind rush scandals sooner amber rods rejected calls for her to resign over the crisis some people here right in the uk legally decades ago have had their immigration status challenged global news twenty four hours a day on an tick tock on twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred and two twenty countries i'm john guarantee this is bloomberg markets thanks very much leon now barclays has reported net operating income for the past quarter met estimates first quarter net came in at five point zero seven billion pounds to be specific while trading was boosted by a surge in equities revenue the performance eases pressure on barclays ceo jest staley he's just been speaking to anna edwards and manosque ronnie in an exclusive interview with bloomberg television let's take a listen the profits before tax for our corporate and investment bank were up forty nine percent year over year but also very importantly is the return on tangible equity in our corporate and investment bank was roughly thirteen percent well above our cost of capital so one of the most profitable quarters we've had in corporate and investment banking obviously pleased with those results jessica good morning you it's managed in dubai and you remain on your intention to pay the dividend that's going to be a relief to the shareholders the kind of language or hearing from from your peer group deutsche bank over there is not a moment at them there's a timeliness in terms of adjusting the business do you feel that sense of urgency jazz when you look around the business or or how do you feel in terms of the chief of change thus far in the business you know we've felt a sense.