35 Burst results for "Nineteen Billion Dollars"
Japan's Naomi Osaka 'Not Sure' Olympics Should Happen as Doubts Grow
"Haven't talked jane at all about the olympics. And i'm like totally like jumped like rearing to go about the olympics Obviously you know they were pushed back a year because we're at a pandemic and that costs something in the neighborhood of nineteen billion dollars or something insane like that And they are come hell or high water going ahead with the olympics in tokyo this summer despite the fact that something like eighty percent of the country does not want the olympics to happen and and this is the number that kills me because japan handled the initial cova outbreak so well only two percent of their population has been vaccinated and now all these people from all over. The world are descending on their city. i'd be. I'd be absolutely furious if i were japanese. And so we had naomi. Osaka come out is the first athlete. I think really to say that. She feels very conflicted about this.
Power comes back for most in Texas, but other problems pile up
"Are still dealing with the fallout of a historic winter storm. And now it seems. The power crisis has turned into a water crisis. First of all power is finally back on for most texans although there are still a couple hundred thousand people in the dark without heat but now there's another more widespread problem more than fourteen million. Texans are without safe drinking water. That's about half the population of the second largest state in the us over the past few days pipes and water mains cracked wells frozen water treatment. Plants were knocked offline even some hospitals. Now don't have safe water around the state. The water issues vary in some places. There's no water flowing at all in others. People are being told to boil their water before using it and elsewhere. Water is flowing but it's considered dangerous no matter what the good news is. Texas is finally expected to warm up this weekend which should hopefully give crews time to fix the problems. It won't be cheap though home. Business and auto insurance claims are still rolling in and now insurance industry officials warn. This could be the costliest weather event in texas history. Yep even more expensive than hurricane harvey which brought in nineteen billion dollars in insurance claims back in two thousand seventeen and by the way state politics stayed pretty tense during all of this we people debating who carries at least some blame and now senator. Ted cruz has also been facing a lot of backlash for taking his family to cancun mexico while his home state of texas deals with this crisis both democrat and republican leaders have said he abandoned the people who voted for him but crews says he was just trying to be a good dad taking his kids on a trip while schools canceled. He was scheduled to stay in mexico through the weekend but he did decide to return to texas yesterday instead. He's now calling the whole trip quote. Obviously a mistake.
Tesla Buys Bitcoin While Elon Sends Dogecoin To The Moon!
"I guess in our post game. Stop wall street bets world. I guess. I should never be surprised to wake up to crazy news like the news. That tesla has bought one and a half billion dollars worth of bitcoin and says it will start accepting bitcoin as a payment for its products in the future quoting cnbc in a filing with the securities and exchange commission. The company said it bought the bitcoin for quote more flexibility to further diversify maximize returns on our cash and quote. Tessa also said it will start accepting payments in bitcoin in exchange for its products quote subject to applicable laws and initially on a limited basis and quote that would make testily first major automaker to accept crypto currency as payment the one and a half billion dollars worth of bitcoin will give tests liquidity in the cryptocurrency once it starts accepting it for payments tesla's move into bitcoin represents an investment of a significant percentage of its cash in the investment the company had more than nineteen billion dollars in cash and cash equivalents on hand at the end of twenty twenty according to its most recent filing but the moves also raised questions around. Ceo elon. Musk behavior on twitter in recent weeks where he has been credited for increasingly prices of cryptocurrencies like bitcoin and does coin by posting positive messages that have encouraged more people to buy the digital currencies two weeks ago. The billionaire tesla owner added the hashtag hashtag bitcoin to his twitter bio move that helped to briefly. Push up the price of the cryptocurrency by as much as twenty percent. Two days later he said on the social media chat site clubhouse quote. I do at this point. Bitcoin is a good thing. And i am a supporter of bitcoin and quote. Bitcoin prices surged to new highs. Monday following tesla's announcement reaching a price of at least forty four thousand two hundred dollars. Tesla shares were up more than two percent monday morning. Tessa warn investors of the volatility of bitcoin price. In its sec filing and quote. Yeah and about that does coin stuff in case. You're not aware of does it was sort of a joke. Crypto currency that would be one way to put it. but also maybe it's better to think of does coin as the ultimate mean currency especially in this age of non fungible tokens and art now and collectibles on the blockchain. So this is what i mean by. Nothing surprising me anymore. In the post game stop world does coin is maybe the alternate mimi. Play in a way elon. Musk is a meam engine. In and of himself so his tweets pushing does coin up from half a cent at the beginning of the year to around eight cents this morning even though does is sort of not an active project or even a viable one at this point. Yeah to the moon for sure
FTC and states sue Facebook, could force it to divest Instagram and WhatsApp
"Ftc is suing facebook along with forty six states attorneys general. This is a huge lawsuit. They contend that. Google or sorry. Facebook made things anti-competitive when they purchased instagram and whatsapp promising to maintain privacy standards but knowingly rooting them over time of obviously facebook purchase instagram and twenty twelve for a billion dollars spent. I think nineteen billion dollars on whatsapp two years later. This is been a longtime coming. There have been whispers of this lawsuit coming for for a long time. In fact facebook has been unifying services. They've unified the back end messaging. Api's for facebook messenger. Instagram and whatsapp. They've launched Both end to end encryption and more robust two factor authentication across all of its services but that was probably to prepare themselves for this exact thing so jerry this is not this is not news to anybody of they have to see Started looking into facebook a year and a half ago there have been finds that the company have had to pay But this is a massive salvo against facebook One of the biggest ad suppliers in the world one of the biggest tech companies in the world one of the big employers in the world. At this point what do you think it says that all of these states are on the same page as the ftc regardless of what side of the aisle they're on. And what does it mean for facebook. Will they actually have to break up from instagram and whatsapp. I think that the states and it's it's great to see that. This is mostly bipartisan. Because you know our government should look out for all of us regardless of what political party we you know. Look too but they they. They've seen enough evidence to convince them that. This really needs investigated. A you know a lot of little things. Add up when the house judiciary was interviewing all. The ceo's a lot of what they had to say zuckerberg was about the instagram acquisition. And how from the outside. It looked like you know facebook. Strong-armed instagram into finally saying yes. That was like a. You know an advertisement for the ftc to look into it and it's good it. It needs to be checked and made sure that facebook is doing the right thing for its customer and even though we don't pay where the customer on the facebook side i don't think they're gonna have to sell off any of these services but if you remember there was google before there was an alphabet and the way they did that was alphabet is a corporation and it has subsidiaries and other corporations under its umbrella so i could see you know a facebook corporation that also has a facebook side and instagram side whatsapp oculus etc. That operate mostly independently. But they're still under the same basic group you know. I don't know what that's called. I'm not a business man. But you know some master that controls all the other groups right umbrella okay. That was right the first time then. Yeah yeah that makes sense. So i guess the question here that that people wanna know is i think we talk about facebook as a direct to consumer company right. They make products that you and i interact with either willingly. Begrudgingly refusing lee. Whatever they also hardware right and they have the portal of the portal smart displays and webcam they make oculus which has become an increasingly vital part of the vr community and facts. The oculus quest to is one of the most popular products. That people are buying this christmas. We know this because we wrote a lot about it over black friday and prime day. We know that it's been sold out for months or it was sold out for months. They got their their their production line up to speed so facebook has a lot of tendrils and a lot of areas of our lives. And as much as i may dislike the core products. I still use instagram. i still use. What's whatsapp and what the fcc. Maintaining here is that facebook bought both of those companies knowing that it would suppress competition in fact. It bought instagram instead of with instagram. And then right after its acquisition. It recognized in whatsapp a rise in user in user stats it. Bought of a vpn called onalfo that would give people basically asked users to install own apple. Gave them free vpn access in exchange for data about what apps they were using. They found out that people were using whatsapp. They then decided to spend a lot of money. Nineteen billion dollars in twenty thousand. Fourteen on whatsapp again. To quash the competition that whatsapp would have been been giving facebook messenger which was a product that facebook was investing a lot in at the time and then over the years. The ftc contends that facebook shutdown api access for companies that had direct comp competitor's products with facebook so they had to sign agreements saying that they would not build directly competitive products if they were integrating into facebook's various. Api's all of that brings us to today where the company is being sued by basically every state in the us and the federal trade commission. This is a bigger deal than google's lawsuit That that the justice department filed against them around search. Explain why that is. They're going after the big guy. The nobody's suing alphabet just because they're alphabet. They're suing the alphabet corporation over. How google handles search. That's one small part that does make a lot of money. It's a big part of the business but it's just one division among many where facebook. It looks like they're just going right at the throat but also what facebook did is more integral to its business and impacts more of his business because since facebook has acquired instagram. And what's up. It's just been pushing and pushing to get all of it together. They want to. They want instagram to become facebook. Which is why they started emerging messaging between all of them and and we want to see. Oh we we hope that they really cook facebook's goose and make him the line that's what we want but you can't really blame facebook. They didn't do anything illegal. What they did may have been unethical. But there are corporation. They did it to make more money and they got away with it because they didn't really break any laws yet now. The ftc is gonna decide if what if they went too far. It was worth the gamble. They probably made a lot of money. Even if they're forced to sell off an asset or diversify and one of the things that. I think a lot of people are not really thinking about from a business perspective. I mean i. I would love to have an instagram without facebook. Integration but one of facebook's i strongest advantages as a as a content platform is even though it's it's had some Some problems with in the past. They have a really really strong team of of content. Moderation you know making sure things that aren't illegal aren't ending up on their services and an just keeping anything that that doesn't follow their guidelines off of their platforms if if instagram twitter from facebook again. They're going to have to basically rebuild their own moderation system from scratch like they're gonna lose everything that facebook has already invested. So much money into right. I that the question though is has facebook even done. it's due diligence. In that area we've had many reports saying that. The companies hired out to third party contractors. Those people have been inundated with horrible and and just traumatic imagery. It had to quit. The companies have had to apologize. They've they've facebook a severed ties with many of these third party. Contractors as results. The the circumstances that you know this is not only facebook's issue we'll talk about google and moderation in a bit but facebook has had to hire thousands of condom moderators because of the scale of its business and the argument here is that would facebook have. It's with the scale of facebook. Be what it is if it hadn't purchase instagram and whatsapp if it had had to develop all these features on their own instead of acquiring these two companies and then really spending as much effort as possible integrating them. So if you're a whatsapp user your inevitably a facebook user if you're an instagram user. Your inevitably a facebook user.
Trump Administration to Ban TikTok and WeChat From U.S. App Stores
"I, know there were few couples looking to buy Tiktok away potentially save it I know November twelfth of the deadline for when. Coupled needs to have some sort of deal in place. What is the current situation right now? Well, until a couple days ago, the assumption was that Oracle had won the bidding war for Tiktok, and the way that it was gonna work was instead of a US company buying tiktok or a portion of tiktok in operating it in the United States what Oracle seem to offer was to be a quote technology. Partner, which seemed to mean that they would store the data from tiktok in the United States of United States citizens but it was never really sorted out. It wasn't made very public. So eventually, that seems to have fallen apart or it's possible that president trump just decided that wasn't enough and he wanted more assurances or he really wanted a an American company to take over Tiktok and he didn't get that so. After all that stuff happened, we saw the Chinese government start pushing back on these ideas and saying, well, we're not GonNa let you any other country by technology that is very unique to China Especially, the algorithms, right the way that they sort all these videos, which is really what tick talks flavor is. Right that's what makes it work, and as a result now, we're in this space where it seems like You know we've we've we've pulled the trigger or you know set off the new girl everyone WanNa call it and We are now at the point where. The unless there's a real deal that gets put in place it's over. Yeah this is the this is interesting and surprising. Situation Given that you know with had time we've had several weeks. This executive order was signed back in August and he was sort of a that deal would get done and Not tensions between kind of China and the US is sort of escalated to the point where like now like millions of tiktok users are probably going to be out of luck, right? Yeah and there are a lot of people who are kind of winding up to be the next TIKTOK. which you know it's not there weren't people before trying to be tiktok races that Tiktok was in the right place at the right time and had the right branding to really take off. So Youtube has a new thing called shorts which is not about clothing. It's it's very similar. The short videos that you can watch tiktok mostly is fifteen sixty second videos. And, we also starting to see that from instagram. We're starting to see it from other apps like completely new social networks. I have no idea how it's going to play out right? Because it's really you know we're talking about a service that has more than two billion downloads over one hundred, million US users and. To do anything INCR- as a group is very hard right? That's why they tend to stick in their APP. So I I'm really I'm curious to see whether or not. They'll all kind of move mass to another social network yet and I know we we ignored mostly we chat. But which looks like it's not gonNA work after Sunday. It hasn't had the breakout success of. TIKTOK. But. There's. A sizable audience here in the US. For which at right? Yeah and also it's a it's a hugely popular APP. Overseas is very much like what happened when facebook bought WHATSAPP Apres a lot of people was What why is this worth nineteen billion dollars and then you know we started learning about how a outside the United States a WanNa people used what's APP because there were so many text message charges between different countries and in Europe with her a lot of countries in a small space that is really annoying. So that's what got people using it with we chat a lot of it is keeping in touch with family overseas. A lot of people in Asian countries tend to use a different social networks us whether it be line or we chat or we bow or you name it. And so a lot of people who come over here tend to sign up for those absolutely can keep in touch with family overseas because there is no facebook over there. So I have a feeling that they're gonNA probably find something different or they'll find a way around this right but it's it's GonNa be an interesting thing to
Rental Car Giant Hertz Files For Bankruptcy Protection
"The hertz car rental giant has filed for chapter eleven bankruptcy protection NPR's Jim Newman reports that the company is unable to withstand the abrupt decline in revenue calls by the corona virus pandemic the one hundred year old company says bankruptcy protection will help it survive your continued travel restrictions and prolonged economic recovery attempting to lower operating costs hurts furloughed or laid off twenty thousand employees in March but it wasn't enough for the company to secure a long term agreements for its reporting debt hurts owes at least nineteen billion dollars to its creditors hurts also operates dollar and thrifty car
California education chief says schools can’t open without masks
"California's state superintendent announcing Wednesday the most schools will likely re open by the fall semester but they need to come up with money for six million masks for students and teachers as well as other protective gear Andre senior reports all of our focus on re opening is first and foremost on safety for our students California's state super intended Tony Thurman Wednesday providing some insight though with all things in this uncertain time the answer isn't so cut and dry because even though esterman announced most of the state's one thousand school districts plan to re open on their normal dates in late August and September not all will do so there will not be a common opening rather school districts will make their own decisions about when they'll go open but in this letter to the state legislature this week six school districts took issue with the fall re opening saying the governor's revised budget which slashes nineteen billion dollars to schools could delay re openings superintendent says things will look much different was smaller class sizes to maintain social distancing some districts will likely offer a combination of in person and distance learning
President Trump Announces Aid Package Sign-up for Farmers, Livestock Producers
"President trump announcing in nineteen billion dollar farm relief package which includes sixteen billion indirect payments will be providing billions of dollars for corn cotton soybean and specialty crop farmers cattle ranches just about every category sign up with the USDA's farm service agency begins may twenty sixth as president trump said the U. S. T. A. would begin issuing payments shortly after receiving approved
Billions in cuts proposed as California revenue plunges
"Amid the pandemic California governor Gavin Newsom is making a nineteen billion dollar cut in his proposed state budget for the next fiscal year he calls for state employees to have their salaries cut by ten percent funding to the state's public schools and universities would also be cut and Newsome plans to expand his plans to expand health care would be scrapped the governor says the corona virus has wiped out billions of dollars in expected income and sales tax
Trump announces $19 billion for U.S. farmers hurt by coronavirus
"The trump administration is launching a nineteen billion dollar program to help farmers struggling from the crown of virus pandemic three billion of that will go toward buying fresh produce dairy and
Trump says US farmers will receive $19 billion for coronavirus mitigation
"Chain president trump announcing a nineteen billion dollar relief program for farmers and ranchers the program will include direct payments to farmers as well as mass purchases of dairy meat and agricultural produce to get that food to the people in need agriculture secretary Sonny Perdue says sixteen million dollars of the program will be in direct payments to farmers who experience losses during the pandemic and will spend three billion to buy agricultural
"nineteen billion dollars" Discussed on Newsradio 1200 WOAI
"Of Democrats Texas Republican will heard says it was an appropriate for president trump to mention Joe Biden in a call with Ukraine's president but I've not heard evidence proving the president committed bribery or extortion no more impeachment hearings have been announced as house Democrats consider next steps hello he told reporters that the house intelligence committee will prepare a report on testimony presented in the hearings in private depositions that report will go to the house Judiciary Committee which could drop and deliberate articles of impeachment as an attorney a police officer was hurt in an accident early this morning the officer was traveling westbound on Martin street when an S. U. V. traveling south on because ran the stop sign in to build the officer shoving the patrol car into the side of an abandoned house the officer was rushed to the hospital with non life threatening injuries the male driver in the female passenger of the S. U. V. are being detained by police one person was hospitalized after Smokey fire drove residents out of the north side apartment overnight fire companies answer the alarm at the fourteen hundred block of Patricia they managed to contain the fire to a couple of apartments one person is being questioned the Oxford dictionaries word of the year for two thousand nineteen is the phrase Climent emergency Oxford said usage of the phrase increase so steeply this year that by September it was more than one times as common as it had been last year climate emergency was chosen from a group of environment related words in terms including climate crisis global heating climate action ego anxiety and ego side there's probably no industry which is run by old money more than alcohol a Lisa Brady a Bloomberg has this and focus report much of the wealth in the alcohol business is held by families that have been selling this stuff for hundreds of years consider the McCarty's there like rom has been around since eighteen sixty two history is is just extraordinary day they've been emboldened Cuban Revolution they they attempted to overthrow Castro cast wells reporter Bloomberg there's also Kentucky's brown family of Jack Daniels fame the Batman family owns Jose Cuervo bring benefit and and also difficulties when your products such as whiskey takes decades to produce having owners committed for the long term helps but it can also be a challenge for some to keep up with modern tastes and innovate in the case of a recent to kill a revival complete kind of missed out I would be even richer in the county are facing a bit more than perhaps to explore new brand still the brands they have have made them billions the book parties are worth almost nineteen billion dollars that's a lot of rum and cokes I'm Lisa Parenti Bloomberg business for news radio twelve hundred W. O. A. I. this first take on the Sixers tonight in Philadelphia the voice of the spurs bill shorting as board today spurs report brought to you by health Texas spurs head coach Gregg Popovich goes up against one of his many proteges this evening when the spurs try to snap a seven game losing streak when they visit the Philadelphia seventy Sixers the nine and five sections are coached by Brett brown who spent eleven seasons with the spurs the five incense burners are just wanted sex in the road well the Sixers are perfect five an old home guard Derrick white who missed the wizards game is questionable with.
"nineteen billion dollars" Discussed on 90.3 KAZU
"Least window shop in its messaging app what's up just like it did with Instagram earlier this year all in service of finding ways to make money besides ads work blazer Cabarrus reports easily pair runs a small bakery out of her home in sao Carlos Brazil she was a beta tester for this new feature her catalog shows pictures of cookies cupcakes and her popular brownie pizza after thirty Brazilian riyals because the catalog help answer customer tions about what she makes she had more time to actually thank god I don't have to hand so I can make him faster and of course to make more money with that Facebook thought what's at the few years ago for nineteen billion dollars and is trying to find more ways to make some of that back the tax like social media platform has one point five billion users around the world and many users talk to family friends and lately businesses once you actually part of Facebook's long term strategy to show that it's not a one trick pony it's not just depend completely on Facebook it's gonna be the other products Kartik Haas injure teaches business at the Wharton school you can't buy anything through a watch app catalog so Facebook will be making any money from it directly but he says it's important to keep business is happy and using the app a lot all of this makes that conversation with the customers seem less for the small business owner the idea would be that if what's up can help the small business owners drive transaction but failed and Facebook and actually a monitor that very effective and if this takes off the parent may be able to sell that brownie pizza without ever leaving what's act America Barris marketplace best guess is are the tropical deforestation is responsible for about ten percent of total annual global CO two emissions and I'm sorry to have to say this chocolate is part of the problem most cocoa farming is done in West Africa on more than a million mostly small farms and those cocoa farmers mostly poor mostly just scratching out a living try to make a little more money cut down trees to expand their plots Steve must and wrote about this in the Washington post and how companies American otherwise trying to lessen the damage that are chocolate habit does the welcome to the program Landry here there is a line in this piece a quote actually that I want to get your take on it says anytime someone bites on a chocolate bar in the United States a tree is being cut down hyperbolic an apocryphal or close to real life well a little hyperbolic I'm not exactly sure what the candy bar to tree ratio is but there's no question that global demand for chocolates thing going up and the more the demand for Charlie goes up the more deforestation is going to be in places like Ivory Coast and Ghana you talk about one of the big chocolate companies Mars and its efforts to to become sustainable and its sourcing of cocoa and and some other things it's a really really difficult problem terribly difficult and I think that Mars has been sincere they've done some things that other companies haven't done and yet it's not been enough and it's important to note that you know Mars is not alone there are a lot of companies out there in the chocolate business they've been fairly open about their own emissions they count their missions all the way down to the small farmers which is you know more than a lot of companies do let me ask about certification right because much has been made not just in cocoa butter and coffee and lumber and you know we're gonna certified this stuff as sustainable and and what have you does that actually work well hasn't has not worked in the Ivory Coast and in Ghana so the little green frog that you see on your candy bar that makes you feel good about buying that has got some serious serious trouble and so the rainforest alliance is trying to go in and and repair and retrain people but I think it's just indicative of how difficult it is to achieve this goal in this part of the world so look you if I go out now on and have a snickers bar after launcher or some Eminem's March products I should have second thoughts well you can say that about so many things you do I mean how did you get to work today hi yeah yeah dry drama minivan you all right well there you go that may have done more harm than the snickers bar there there's other I sort of the cardinal and with because there's another I think it's the kicker in your piece another quote about but I forget who was an I apologized saying the global supply chain is broken and and we're not gonna be able to fix any of these things unless we fix the global supply chain right well that was someone from Mars actually who said that who's also the chairman the world cocoa foundation and I think what's what's happening is that a lot of companies are taking a more active role in on the ground in these places it's a huge book keeping operation and do this but more and more that sort of thing is happening because you know that's what it's gonna take a muffin covers the business of climate change for the Washington post's fastening piece totally depressing because to be honest with you about climate change in the four station and global cocoa supply chain defects lot of Persian thanks very much.
"nineteen billion dollars" Discussed on Bloomberg Radio New York
"But first our top story so Facebook continues to struggle to regain trust over how it handles user data but that's become more complicated there has now been a leak of internal documents suggesting business considerations outweighed those privacy concerns it's something that they spoke publicly touted when it decided five years ago to cut off tens of thousands of developers from its platform to discuss I am joined by Bloomberg technologies is Serra fryer and as well as Bloomberg's ban Brody in Washington Sir let me start with you you've covered this story what do we know from these like document so far so the documents give us and this is a really interesting internal picture in a way we we really haven't seen before of how these decisions are made and the difference between how they're discussed internally and how the company explains an externally internally they're saying we need to cut off any apps that could potentially be competitive from our services from our advertising from our developer tools externally they're going out and saying we really need to increase the privacy of our platform and so we will we don't want these third parties have access to this data so it's really interesting looking at these discussions because one thing that really that really stands out in these documents is how competitive they thought messaging apps work in a cut off what's the cut off we chat line a cow three Asian messaging apps from using Facebook for advertising this is just the year a year before they ended up acquiring what sap for nineteen billion dollars and it being twenty two billion that's something that regulators are going to be extremely interested in when they develop their anti trust pro baseball and to get that regulator perspective band walk me through how this further complicates Facebook's relationship with DC well I think there is exactly right those sorts of considerations how did you view messaging apps how are you evaluating them are exactly the kinds of things that the FTC is going to be looking at we should have a copy out here you know you're not obligated to deal with your competitors and if federal and state antitrust enforcers aren't finding that this company was dominant was abusing that dominance to perpetuate a monopoly then there's no case here but I think that they're going to be looking at these things I always say anti trust regulators they're just like us but with subpoena power when they read a news story like this and they see these kinds of documents and some of these documents have in fact leaked out previously before they ask the same questions that we're asking right now and so they're going to want to take a look at those they're gonna want maybe take depositions and so with that much more that their lawyers are going to have to say well hold on a minute we can produce some of this we can't produce other things you know and the question is it we saw in California yesterday they're actually going to court over document production does that create the situation here possibly and remind us again about that burden of proof because you could say to play devil's advocate you have a right to protect your own business interests you have a right thing we do not want to deal with competitors that we are a for profit company and we should be protecting our own interests what is that burden of proof right exactly I mean I mean spending is not against the law the federal anti trust regulators the Federal Trade Commission is going to be doing a rigorous economic analysis what happens when Facebook makes a particular business decision what to wear to consumers got what two competitors do how much of the market share do they actually have they were looking at all of these things before they even get into theory of harm a case about a particular violation and can take a long time for them to build those things up they're going to interview third parties there to look at it economic models are gonna listen to complainers and experts from both sides lawyers on both sides it's going to take a long time for that sort of thing to build up and and we don't know necessarily where it's gonna go but I think what this represents is really tantalizing questions for them to look into now answer this is further complicated by the fact that this feels like an anti competitive in the anti trust issue but they're also publicly touting data privacy so this is in the anti trust issue not a doubt a privacy issue correct well it's a little bit of both because as you know when Facebook caught off developers access to data from the user's friends they did it only for certain developers the white was said other developers that's one of the one of the problems at the heart of this lawsuit that got leaked and so when we see instances like Cambridge analytica which is directly a result of these developer relationships and so freely handing out that developer data how they handled it when and why is a huge issue with regard to the privacy friends because they don't do that anymore.
"nineteen billion dollars" Discussed on 600 WREC
"Moments ago the questions you you think it's the role of athletes to stand for socialization the context you tonight we see it for the first time here. what I'm settling warning about. don't get much higher. evening on NBC check your local listings. there's no question that Memphis is on a roll the past four years twenty thousand more jobs nineteen billion dollars in developed record unemployment and thanks to the leadership of mayor Jim strictly our police forces on the rise. pension is now fully fund and we passed four balanced budgets without a tax increase. there are those who want to take us back back to higher taxes back to a time when businesses and jobs were fleeing our city. this selection you have a choice a choice between the past and the future. stakes couldn't be any higher. early voting is going on now you can early voted any location through September twenty. shin day is October third. let's keep Memphis moving for. Jim strict leadership matters paid for by friends of Jim Strickland Paula Casey treasure liberty mutual insurance presents. Doug we know there's a woman threatening to sign.
U.S. Deficit Tops $1 Trillion in First 11 Months of Fiscal Year
"Other bad economic news for the trump election campaign president trump's own treasury department has been forced to admit up that the US annual budget deficit is now more than a trillion dollars a year candidate donald trump ran for president promising to completely eliminate the budget deficit by balancing the federal budget every year and then completely eliminate the national debt but in fact president trump has increased the national debt from nineteen billion dollars to twenty two trillion dollars and there are more troubling suggestions of the possibility of a recession hitting before the two thousand twenty election Jeffrey gridlock chief executive officer of double line capital said we should be on recession. Watch before the twenty twenty election good luck doc said Thursday in London. We're getting closer but we're not there yet the odds of a US recession before the election are seventy five percent said good luck and leading off our discussion tonight Mark Zandi chief economist of Moody's analytics as an economic adviser on John McCain's two thousand eight presidential campaign and is currently advising some some of the Democratic presidential candidates on economic issues and also joining US Jonathan Altruism columnist daily beast in MSNBC political analyst jumping covered the economic problems of the two thousand eight presidential campaign President Obama's efforts to bring the country out of recession in his first years Mark Zandi. I want to start start with you and your view of what the job loss what the effects are of the trump trade war. It's doing a lot of damage. I think it's fair to say that manufacturing The act sector the transportation distribution sectors are already in recession and the problems are starting to broaden out. We're seeing job. Growth slow in many parts of the economy slowdown has been very pronounced since this time last year when the trade really got go war guy going in if growth slows any further we're GONNA see unemployment starts to rise and once unemployment starts to rise. That's the fodder for an economic downturn because that spooks people they sense the rising unemployment. If you're open job positions less opportunity smaller pay increases less bonus they I start to pull back a bit on their Spending businesses see that they start point back more on their hiring. You can see Lawrence how you get into that self-reinforcing negative cycle which is a recession so we're not there air yet but the trade wars doing a lot of damage and if the president continues on the current course we'll get there pretty soon and Jonathan. We saw the trump reaching for Ernest gape patch to commemorate the seventieth birthday of a communist dictatorship. He has decided to delay delay his the his tariffs all of which are illegal by the way they are. He is using a clause inside trade law specifically for national security and there's not a single national security element in a Chinese clothes washing machines being imported into the United States or Canadian steel being imported in the United States so forth so these are all illegal tariffs that the market seems to have assumed would go away as soon as they became a political problem but donald trump is still holding onto them well. He's the master of disaster and he's never consistent any issue and traders among them. He just goes back and forth back back and forth the question now is whether he sees his reelection flashing before him and if you look at Mark Zandi numbers he he says nine hundred thousand jobs under the current tariffs. If the new ones kicked in in October it would go over a a million jobs and that's a pretty good talking point for Democratic candidate right plus who ran Barack Obama's successful of two thousand eight presidential campaign urged all aw of the Democratic candidates all of them to us exactly what you just said to us Mark Nelson tonight only one of them right so that they would next year. If if the tariffs continued I think and I don't WanNa make these sorts of predictions about trump because he's so unpredictable but because his reelection is the only thing nobody cares about there are some signs in recent days that he is looking as you said for an escape hatch and so they're going to put this all in reverse but at then puts Xi Jinping Dr Recy- right then he has trump exactly where he wants him and you have another situation where this guy proves used to be a disastrously bad negotiators so he will try to go back to the terms that they had in May when they can't close to having a deal. We'll see see whether Xi Jinping accepts them. He's got his own problems in Hong Kong. He has his own incentives to want a deal and there's some reporting out of China that had you know insiders are saying that he doesn't WanNa see trump lose his temper so he may be trying to placate him so they may have kind of fig relief trade deal to reassure markets mark ward about the Chinese economy and their ability to just hang on for eighteen eighteen months and hope for new president yeah good point and the advantages that Chinese has a and I should say the trade war is doing a lot of damage here. It's doing obviously obviously a lot of damage there. The Chinese economy is struggling but the advantage they have is that they have a lot of room for monetary and fiscal stimulus. They can lower interest rates. They can ramp up infrastructure spending they can cut taxes and they're doing all of the above and they're doing it very rapidly. I mean they don't have you know the problems that we have is democracy to get things done. They just do it and so that's supporting their economy and they're still hitting their targets. you know a lot of questions about the validity of targets but they're you know they're pretty close so so. I think because they have that latitude on monitoring fiscal policy they're gonNA. I think they're gonNA play this. played a little longer game here and I don't think they're going to agree to anything substantive until after the election I mean I just I think they're going to wait and see how the election plays out. Jonathan read just one word in there that I said that I really want to emphasize for the audience. You don't want to get in a trade war with a dictatorship. No one in China China is worried about their their approval ratings in government in this situation. Donald Trump is the one who has political risk. It's but it you know we're not sure whether she wants trump out of there because he's so easy to manipulate that he might WanNa do trump a favor and come up with some kind of a deal because he could have his hands full with President Warren or President Biden or somebody else was not as much of a sap and not as out of his depth in these negotiations and mark there is after all a Republican publican primary now in the states that are allowing. Republicans say allowing a primary elections. I I would expect the other. Republican candidates to be making as much of this is they possibly can and in certain situations in certain states some of them might even get a hearing on the trump trade war then some of the Democrats get yeah good point the irony in all of this at least from a political perspective. The president is that the damage that trade towards is creating is mostly in those parts of the country that have voted very heavily for the president think about that agriculture the farm sector of course presents trying to mitigate the fallout of the trade right were by sixteen billion dollars in aid but that only goes so far and of course manufacturing I mean he was all about manufacturing and this is manufacturing on the front line. China's trade war is starting to it's. It's in recession and starting to lose jobs so I know this is really hurting. The parts of the country that voted for the president in the last election and one thing Jonathan President obviously doesn't understand about agricultural markets is that farmers aren't looking at a four year horizon. They're looking at a lifetime horizon and they're looking at horizon which many of them hope that their children will be running the farm after them that means market's having having a market matters to them much more than getting a government handout because their market has been cut off and wants a market is cut off it means. It's been the source for that. Market's been replaced by some other country right so remember. The farm belt is the only place that trump has shoe supporting seventy five percent in some of these areas so any kind of erosion. There is really damaging to him. Politically and your point is spot on just to go to a quick Carter administration example when the Soviets invaded Afghanistan Carter over Walter Mondale vice-presidents objections imposed a grain embargo drying up roll those Russian markets and farm us sending grain what happened Democrats get killed old for twenty five years and they're still suffering from you can go when people will still be talking about the nineteen eighty grain embargo because it's their livelihood so if you wreck those export markets as you're as you're discussing there can be really long term consequences for Republicans and mark talk
Johnson & Johnson Loses Oklahoma Opioid Case, but the Stock Rises
"Let's begin with johnson and johnson an oklahoma adjudge has ordered j. and j. to pay five hundred and seventy two million for est role in the state's opioid crisis now johnson and johnson argued that its marketing and sales activities <hes> where lawful and that it was not at fault for the crisis but jason and the judge in the court obviously disagreeing j._j. Will appeal. He'll the ruling now the interesting thing here shares of j. j. up today around two percent and that may be related to the fact that oklahoma had sought assault more than seventeen billion in damages so relatively speaking could've been worse. Yeah you're right. I think that's that's really the takeaway or the market's reaction makes a lot of sense because as you do have close released. There are some certainty now in five hundred seventy two million dollars as a whole heck of a lot less than seventeen billion so i've heard so it puts things in perspective for johnson and johnson and johnson and johnson as a business pulled in around nineteen billion dollars in free cash over the last twelve months on eighty one billion dollars dollars in sales so clearly these guys are going to be just fine <hes> but mackey no listen. I've got an opinion regarding this. I wanna call bs or bs needs to be called in in to me and i appreciate not sitting. You're saying that the opioid crisis is something that you don't assign blame to just one entity with this. My problem is the more and more research is where was the f._d._a. In all of this because to me like the f._d._a. Is the the ultimate check brian. I mean that's the organization where the buck really should be stopping and if you do a little research into this and everything that's been going on with the opioid crisis uses and then oxy continents are where things started back and i think it was like nineteen. Ninety-five i mean clearly big pharma was complicit in really trying to push rush the f._d._a. To <hes> take some more lenient types of approaches to marketing and whatnot but the fact is the f._d._a. Folded the f._d._a. Okay basically buckled and said okay yeah sure do whatever and they did it basically with with no backing from science whatsoever and so you saw this period of time. I'm where a lot of these <hes> opioids these big pharma companies were able to market them in such a way that they made made it seem as if they were appropriate treatment for more conditions for longer periods of time when really that wasn't the case i mean science clearly tells us that that some of these drugs are extremely addictive and it can ruin people's lives <hes> in so i i go back to. I appreciate the fact that oklahoma is trying to hold big pharma accountable. I think big pharma should be held accountable. I also very much believe the f._d._a. Should be held accountable leader to and i don't know that they necessarily or being thrown in the spotlight in the same way <hes> i oh i think about it from the perspective as a parent i mean let's make this relatable. This is like when you're a parent in your kid is lobbying you to tack on a bear claw to the frozen the mint chocolate chip coffey kulata that you're getting the dunkin donuts right. I mean it doesn't mean you have to do it. Your the check right. You're the one that says no. Maybe that's a little bit too much. You know maybe it's unpopular decision. You have to say no but i feel like the f._d._a. Should it should have been a little bit more fun here years ago and said you know what no no. Let's wait and maybe have some science on her side before we start making some of these decisions i confess. I didn't really follow you after you said barracuda i mean there are a lot of players. This is a crisis that i mean almost half a billion people or half a million people over the last couple of decades kids have suffered <hes> deaths from the choruses and <hes> johnson johnson is saying specifically to this case is that they only represented one percent of the oh boy the opioid sold in oklahoma so it's unfair for them to get to tacked on with this <hes> with this ruling from the shareholder perspective johnson johnson which i am at jason said i mean this is for them. Analyst were actually hoping for less than one billion dollars. Which is i in in the ruling rolling mac which is one reason why the talk i think up today even though the oklahoma was looking for seventeen more than seventeen billion analysts were probably expecting less than a billion or so so i think and the markets reacting positively to that they have some closure. It is still tied up in court. This will be the first one from state. Oklahoma was the first this will obviously now start to set open other potential cases for this so there's a little precedent set here at least for now but from johnson johnson you have us companies three injured and three seven billion dollars market cap. It yields more than three percent. The s the ten year now is at one and a half so it's more than double the ten year bond yield and so investors looking at this saying hey. I still have a fairly stable dividend payer. <hes> it's a large companies. It's not going to light the world on fire from capitol appreciation perspective but now you have this kind of at least for right now a little bit behind them and then get onto running the business as jason said they generate substantial substantial cash flows that they're going to continue to invest into their business but this will now be open for more interpretations by more courts and more states and and i doubt oklahoma will be the first okay. I want to push back on the stock of it because you mentioned your shareholder. Yeah you look jay over the last five years stock up somewhere in the neighborhood of twenty two percent the market s._n._p. Up almost double that around forty two percent when i look at these incredibly diversified conglomerates it's like j._j. There's a point where i say why not just own index fund instead yeah well. I mean we had that conversation before and i think it's a fair question. <hes> i mean enj j and j is one. I don't own personally but have recommended and recommended more on the potential for the future and i i don't know that a lot of people really think about some of the bets that j._j.'s placing today <hes> in regard to the future of medicine and i'm talking about <hes> things like robotic surgery injury they have a wing of the business called ethicon and <hes> <hes> the the founder of intuitive surgical has played a big role in helping johnson johnson build out that part of the business so i think it's exciting when you look at all of the resources a company like that has at its disposal in leadership that is starting to look forward into how how technology can really change the healthcare space <hes> i. It is a bit frustrating. Perhaps the way the stock is performed in the past. That doesn't necessarily i mean it's going to be that way in the future. <hes> in eighty made a great point there in that it's not going to lie to the world on fire from capital appreciation perspective but but really investing investing good investing is about making sure you have a nice diversified portfolio and i think john jay can be a great sort of healthcare stalwart again knocking like the world on fire up. It would be very reliable. <hes> you know they're going to get past situations like this. It's gonna make them better <hes> in they'll continue to invest in in in new parts of the business going forward yeah. The only reason i think really jason great point about some of their investments and innovations but really it's it's. It's the dividend play that you're going to get substantial yield. Let's that's that's much higher than at least the ten year but when you look at bond funds basically yielding about bond funds and then you have the potential for capital appreciation so i think that is really the investment case for johnson johnson they make the innovations is probably one of the as jason said the probably the best stalwart healthcare our company out there my mind but yeah it's not. It's not going to be one of these. One that is going to complete change your portfolio. It's going to be much more stable player but fifty eighty seven consecutive years. They just raised their dividend for the fifty seventh consecutive year so i mean there are a lot of folks out there that are looking for that kind of of reliability for their portfolio and as you get older and you get into that sort of took the protect your wealth phase of your life. I mean this is great. This is a great one. Look at from that income
"nineteen billion dollars" Discussed on Bloomberg Radio New York
"In a widely circulated memo the business roundtable which is a two hundred member organization kind of reversed itself in the writing now that shareholder primacy is no longer the sole purpose of a corporation instead corporations must include commitments to all stakeholders which customers employees suppliers and local communities to get a sense of what this means for corporate America we turn to our good friend Barry results berries a Bloomberg opinion calmness and host of a masters in business on Bloomberg radio Perry thanks so much for joining us so what do you make of this letter coming out of the business roundtable get kind of fascinating given everything we've seen in terms of rising income inequality and social unrest both here and in Europe it seems as if the CEOs of America have figured out that some trouble is off on the horizon and and they want to get out ahead of it so this is the cynical view right the basically if these a hundred and eighty some odd CEOs got together said all right we need to take a stand we're not just trying to raise profits were also trying to cater to the greater good the cynical view is the greater good it is sounds a lot better than our profits are falling and we don't know what to do with their money because there doesn't seem to be anything to invest in this particularly profitable berry can you give us some perspective some background on this round table group and their history of having sort of a political perspective sure so they they were formed in nineteen seventy two primarily as a counterweight against the rise of labor unions the new deal began a trust enforcement big regulations they very much were counter to President Roosevelt and everything that we store going forward from the pole depression era so they can talk about wanting to support stake holders but look at what the round table has done they they've oppose consumer protections they proposed increases to rising in a minimum wage compensation Dave for any trust enforcement they really have been the only thing that matters is corporate profits and to the shareholders and anything else we're going to oppose the challenge and and let me back up and and give kudos to Jamie Dimon for he's been talking about this for a couple years now he's been giving speeches his annual letter to shareholders has so this isn't I don't believe this is just lip service I think diamond is serious about this however when you look it all of the members of the round table they have very very strong vested interest against the concept of stakeholder primacy if your amex you have fine print that's pages and pages long and you have an arbitration clause built into your contract with your clients that's not exactly customer friendly go go down the list apple and Amazon Hey you're the most successful companies in the world here's a crazy idea why don't you guys pay your taxes it used to be it used to be that the IRS enforced the tax regulation in a way that you could do what ever you wanted to do so long as it served a legitimate business purpose but if the sole purpose of the reverse double Dutch told Ireland to the Bahamas to Liechtenstein to grand caymans the US if the sole purpose of that is tax avoidance the IRS used to consider that illegitimate and would enforce it say no you can't do that you US nineteen billion dollars so Amazon apple these are signatories to this Walmart a signatory story to it to be fair to Walmart yes they spent years and years opposing increases in minimum wage about three years ago they raised their own minimum payments and they've dropped opposition to minimum wage I think someone explain to them Hey you guys are trying to have a lot of cash so it's an advantage to use so the problem is all the signatories there look at all the big insurers and Morgan Stanley and assets and some of the other people who I don't remember facts assigned but a number of big insurers signed it they are very much against the fiduciary standard which would be tremendously benefit there the clients of their farm but it would cost themselves profits so balancing this broad rhetorical desire with the specific needs of the members of the business roundtable that's a big challenge so one of the challenges I saw just in terms of implementing this and it in a real way is that most executive compensation is tied to shareholder returns where is the stock going if you really wanna were cold executive cannibal to some of these a stakeholder issue some a softer issues if you will does that mean you have to change the exact a compensation schemes for all of corporate or for a lot of corporate America to incorporate needy environmental sustainability governance issues all those types of things so it's a really interesting point and and here's where again I got to go back to giving Jamie Dimon a little bit of credit and I think people of overlook this you know the idea of stakeholder primacy over shareholder primacy let me read say that same thing but in a slightly different way we're more concerned with long term sustainable profits for a company then just making the quarterly numbers that's the subtext here if you take care of your customers in your employees and your suppliers and everybody else involved in in who has a stake in the company well that's fantastic long term look at companies that are private look at look at vanguard that doesn't care about shareholders but cares about their employees and their customers and whatever they became a giant that way so substituting stakeholders for shareholders really means that you're asking the shareholders to think in terms of decades in years not in terms of quarters now the way we can tie this into the executive compensation who is more interested in the quarterly numbers in the C. suite that thanks to some late nineties legislation are capped at a certain dollar amount but have on limited stock option compensation the way to fix that is to say we'll give you stock option compensation but you can cash in for ten years what you have to you have to exercise all you have to put up some cash if the exercise within five years and if the hold it for five years so at that point nobody cares about next quarter they start to think long term when we look at the emphasis on stock buybacks and the decline in cap acts you have to think that that has a lot to do with it very results thank you so much for being with us my pleasure very results is founder of results wealth management Bloomberg opinion columnist also host of masters in business on radio coming up of Bloomberg politics policy power and law we will drive the conversation forward in Washington DC trade very much in focus this.
"nineteen billion dollars" Discussed on News Talk 1130 WISN
"So out out of the blue I'm looking at a July fifteenth we all know that a see in this crowd are a bunch of communists they hate Israel they had our own country the call the guards along the border the border patrol agents concentration camp guards accuse people who support Israel as doing it for the Benjamins there AT somatic anti America we don't need to know anything about them personally talk about their policies I think they're American citizens or duly elected that are running an agenda that is disgusting that American people reject would what does it mean for America to have the free healthcare for illegal immigrants no criminalization of coming into our country see how that works for controlling integration the talk about Israel like they're a bunch of thugs not victims of the entire region going to impeach president trump you said of himself on day one make in the face of the future the Democrat party you'll destroy the Democrat party their policies will destroy the country Lindsey Graham need I say more that's a response to people attacking him we're coming out with the first the first weeks about these these for and you have not really sure why he he decided to go for it but he did I would he went for was just calling about you're no good people I guess it started the day before so interesting as you progress of democratic congressman who originally came from countries whose governments are complete and total catastrophe the worst most corrupt inept anywhere in the world of even have a functioning government at all now loudly and visually telling the people the United States the great is the most powerful nation on earth our government is to be run what are they go back and help fix the totally broken crime infested places which they came from which they came they come back they come back and show us how it's done these places need your help badly you can't leave fast enough I'm sure that needs your blows to be very happy the quickly work or out free travel arrangements that's where it all started so your little brothers were you down first of all not a racist word in any between today's Roger those are all the tweets in their entirety not a racist word not one does he make a mistake well yes because three of the four are from this country the same gold with the same countries add alleging that they're all not from here using correct but you know damn well he was focusing on you on a more you on Omar is a district five re Democrat representative in the great state of Minnesota the strong allegation is a more proof is coming out is that she married her brother to get in to this country legally but illegally that's fraud she read in court documents said that she hadn't seen in years their Facebook post in Facebook pictures that are dated that show that simply wasn't true she'd seen very recently and taking pictures with them she is said vile things against our best from the Middle East Israel said over and over and then she says no no no I I apologize it took him to as if it never happened she is somebody who came from Somalia by way of Kenya came from Somalia a horrible disgusting lowdown piece of garbage country the people might be nice but the way the warlords run it it's oppressive it's shoe press serve its repress everything present put out there it's a horrible country that she fled from her family fret fled from a came to the best country planet earth that embraced her offered the American dream and she's written that dream to becoming a representative in the United States house of representatives get everything out of another's hateful some people did something on nine eleven as she defended as she defended Islam for no reason nobody attacked Islam after nine eleven the attacks run terrorists radical Islam is radical jihadists if you're a peaceful Muslim alum probably if you're radicalism the things I should die because I'm a Christian I've got a problem with you which is doesn't seem to be dumb so she must be smart of to know the difference she also this is a supporter of Hamas the you got her she had to leave who of course is from Michigan which you want to impeach the MF that's appropriate for someone who just want to see the house of representatives that's okay but it somehow races for the president to tweet don't like it leave she of course which you took office took a post it note and wrote Palestine on the post it note and then posted a stalker to the map in our office on top of Israel I kid you not that really happened LOC just a mess can't get out of roadway she's a liar and she's an actress she actually interned at cattle call in a New York and was selected to run for that district she should lose roundly and easily because she ran off nineteen billion dollars in positive money revenue she she blew it off she pushed it out of the of New York City twenty five thousand six figure a year jobs were run out because she doesn't understand the economy and the tax code well you know like that money can like be used for better purposes like what there there is six billion dollars sitting in an account Amazon is going to bring in twenty five billion in salaries another can't even imagine how much money that would bring it to the local surrounding areas in the economy because of the money to be spending making that kind of cash at Amazon they're gonna read twenty five billion they're gonna six billion dollar tax break the positive revenue flowed in nineteen billion dollars she thought there were six billion dollars sitting around an account that your city was going to give to Amazon I see things that could be spent better some out somehow else there is no six billion dollars sitting around you do first yet somehow she's the victim another graces the what he said he was incorrect that they should all go back to where the cable became from countries blah blah they didn't one came from a different country they're all radicals Ralph far will left wing progressives they all don't like the country the way it sits and the president of course corrects himself by saying look you don't like it leave it love it or leave it a caller to my show during the week the Joe pack show Monday through Friday Joe packs dot com go there find editors of Philly for you under twenty eight stations that we're doing okay I call they said you don't you know job if I don't like your your radio show and I tell you I don't like your radio show and you tell me will find a different show you're allowed to that's actually is more answer how is that different than saying if you like the country get out and it wasn't that long ago that used to be a thing love it or leave it the like the country don't let the door hit you in the **** it's a that's it was the way of this land you either love it or get the hell out you don't have to be here some all yet look I just checked the map before we started I wasn't sure a look at the maps a mall you still exists it's still there I'm guessing she still speaks the language glad take your **** back or just stop attacking this country then braced you saved you give you every opportunity I think I'll tell you I'll give you our Somalian and you live in that district in Minnesota you should be embarrassed by what you did you should be embarrassed by putting this person with all this baggage with all this stuff and all this hatred putting her in office yes what is it that you want you wanna.
"nineteen billion dollars" Discussed on KFI AM 640
"Nineteen billion dollars. A cost of the move for the Medicaid expected to hit nearly one hundred million dollars a year, a second horse in two days has apparently died at Santa, Anita park, the death yesterday came during the tenth race. In other words died today after possibly having a heart attack. Twenty nine horses have died at sandy park since late December race track. Officials have denied a request and he California horse racing board late last week to suspend racing at the track for the remaining seven days of the season. L A county fire officials said that forward progress on a fire burning near magic mountain has been stopped that fire broke out at around noon. Near the old rolled in Stevenson ranch. Parkway by officials said that the fires burn roughly forty acres park goers at magic mountain, and nearby hurricane harbor were originally told to shelter in place and roads cleared the park closed. Guests cleared out the fires. At least twenty percent contained magic mountain and hurricane harbor are closed until tomorrow. Fire officials also reported the grass fire burning in the Hollywood hills west of laurel canyon. North Mulholland Drive has been knocked down at fiber, and about an acre no homes damaged woman's been killed in San Diego. In two police cars hitter. The woman was apparently crossing the street when she was hit by the two police cars last night. The officers will responding to a nine one one call the incident happened. The woman was not in a crosswalk. Turns out a fake meat burger didn't just look and taste like the real thing Burger King in Brooklyn has been accused of selling beef whoppers to vegetarian customers. A man says he ate to real meat. Walkers, despite asking for the impossible meet Walker. That had been advertised. The guy says he only found out the truth when he returned to the restaurant for a third impossible, Walker and was told line employees, the popular meatless option, wouldn't be available until later this year. Burger King has released a statement apologizing for any confusion, Amy king KFI new passenger on the cruise ship. Norwegian epic, as gone overboard in the Mediterranean, Sea Spanish maritime authorities say if they morning around five in the morning security cameras show, the passenger, going overboard, the ship was on its way from conference to the Spanish island of my orca at the time. The latest on the X men movies has earned a franchise low of thirty three billion dollars from over thirty seven hundred North American locations this weekend. Dark Phoenix play second at the box office is the first major twentieth. Century Fox film to be released by the Walt Disney company. Since the companies merged the top spot, went to the animated, the secret life of pets, too, which earned forty seven million dollars in ticket sales. Domestically less than half, what the first filmed open to in two thousand sixteen Aladdin was third, this time around with nearly twenty five million dollars. Godzilla king of the monsters and rocket man. Round out the top five..
Trump signs long-delayed $19 billion disaster bill into law
"President Trump has signed a much delayed nineteen billion dollar disaster aid package for states affected by hurricanes floods, and wildfires as NPR, San Mckee reports Trump signed the measure during a trip to Europe to commemorate d day. Trump tweeted out a picture of himself holding up the signed Bill while seated in his office quarters on air force. One, the money will aid disaster recovery, and states affected by recent flooding in wildfires, as well as Puerto Rico where rebuilding from two devastating hurricanes in two thousand seventeen has been slow congress had been negotiating this aid package for months and reached the outlines of a bipartisan deal, when President Trump demanded that border funding, be added in ultimately the Bill passed after Trump was convinced to drop his
"nineteen billion dollars" Discussed on KOMO
"Us right now. This hasn't roughly nineteen billion dollars in it. What, what kinds of things does it cover? Cover natural disasters that have happened over the past three years. For example, hurricane Maria, the devastated Puerto Rico, you had hurricane to Michael and Florence those wildfires in California, including the paradise fire. Utah floods, earthquakes and bulk Bulkak eruptions, you name it. Why did this take so long? So the issue was again, as we remember those natural disasters devastated. Those communities they caused tens of billions of dollars in damage in damages, but we had millions of Americans left in limbo for the last six months as congressional Republican congressional Democrats went back and forth, as well as with the White House over, for example, aid for Puerto Rico, the president said that he felt Puerto Rico did not need any more funding. He felt that the money that was given to the country. The country territory after the two thousand seventeen hurricane Maria. He felt that the local government mismanage it. He accused the local government of mismanaging those funds on was a lot of back and forth between not, but to put into context for you the money that's being issued to Puerto Rico about six hundred million for the island's food stamp program, and another three hundred million for recovery efforts as a total of nine hundred and thirty one billion dollars million dollars roughly for the territory which when you put into perspective of the entire package being nineteen point one billion and California having access to about twelve billion dollars for to deal with the wildfires that's relatively small. So is this going to be signed by the president, as far as we know? The president tweeted out at right after it passed. And he, he called a great signaling that he's likely to sign it. ABC's Simona Kosar Abdi. We appreciate the time this morning. Komo news time five eighteen. Police in Seattle are investigating a stabbing that left a grandmother in the hospital, entertaining, grandson dead in lake Washington police say the teenager stabbed the grandmother with a machete before he went then ran.
House passes long-delayed $19.1 billion disaster aid bill
"Senator David Perdue calls it beyond embarrassing. WSB's Bill Caiaccio reports congress has finally approved a disaster aid package. Jim RCN it comes after months of political fighting typical Washington fashion. Congress kick the can down the road. Georgia's senators David producer, Johnny Isakson, expressed their frustration throughout the process is not right. It's not fair for the two hundred and thirty days after hurricane Michael ravaged South, Georgia. The nineteen billion dollar aid package is finally approved by the house. And now headed to President Trump. It also includes money for local blueberry growers whose crops were destroyed by a deep freeze in two thousand seventeen and victims of recent tornados
Puerto Rico, Congress And Trump discussed on Mike McConnell
"It's like congress finally sending the nineteen billion beat this be nineteen billion dollar disaster aid Bill to Trump, a rare bipartisan achievement that we don't see these days. Yes. So congress is officially passed in nineteen point. One billion dollar disaster relief aid. It is a massive package in the most sweeping disaster aid measure that congress has ever considered and really when you look at it this package delivers aid to nearly every corner of the country. It's addresses natural disasters that have happened over the last three years. We're talking hurricane Maria that a really impacted Puerto Rico, you have hurricanes, Michael, and Florence, those devastating wildfires in California, all the way to Utah. Volcanic eruptions in Hawaii really a lot of a lot of disasters that we saw over the last three years, they overcame months of, I guess, infighting misjudgment, a feud between Trump and congressional Democrats is expected to sign us. So the president did tweet about it on. He called it great so that signals that he is on board and will likely sign it this. It's it's important to note though, that, while congress was going back and forth, amongst, you know, Democrats and Republicans and also with the White House. Millions of Americans have been left in limbo in the last six months. You know, we talk about hurricane Maria, the happened back in two thousand seventeen Puerto Rico, their Puerto Rico's, excuse me, their food stamp program was set to run out of funds. And so, essentially what the argument was over was funding for Puerto Rico, the president said that Puerto Rico received enough aid initially, and that the local government mismanaged those funds, and he didn't believe that any more money should be going towards the island to put it in context for you. This disaster relief aid provides six hundred million for their food stamp program, and other three hundred million for recovery efforts, that's a total of nine hundred thirty one million out of nineteen point billion. You said it with a B so in, you know, in context, that's not a
House Approves $19 Billion Disaster Relief Bill, Send It To Trump
"A massive disaster aid Bill down heading to President Trump's desk after a week of delays. The roughly nineteen billion dollar measure covering states impacted by hurricanes floods, and wildfires the house giving final passage yesterday. And this is USA radio news.
Bill, President Trump And Puerto discussed on Brett Winterble
"The house has given final approval to a long delayed nineteen billion dollar disaster aid Bill at clears the way for the measure to be sent to President Trump for his expected signature, the chamber approved the legislation three fifty four to fifty eight the Bill languished, for months over disputes, including additional aid for Puerto
"nineteen billion dollars" Discussed on KSFO-AM
"Nineteen billion dollar disaster relief package, Texas, Republican Kay, Granger supported the Bill, the communities affected by storms in twenty eighteen and twenty nineteen have been waiting for these critical ROY resources for months now. But it was fellow Texan ship ROY who was among the three GOP congressman who held up passage last week, citing the process of unanimous consent, the American people send their representatives to Washington to represent them. They deserve to see how vote but I still had a problem with the Bill. I'm still trouble reports to spend nineteen billion that not paid for over racking up approximately one hundred million dollars an hour in national debt. The Senate is already passed the Bill and President Trump indicates he will sign it. Linda Kenyon, Washington. President Trump has attended a banquet hosted by Queen Elizabeth. The formal state dinner marked, only the third time in American president has been so honored by Queen, Elizabeth the second, and I'm so glad that we have another opportunity. Eighty to demonstrate the mentioned potent that both countries attach to relationship the American leader hinted of the difficult Brexit process. Freedom sovereignty, self-determination, the rule of law and reference for the rights, given to us by almighty God. I'm Bob Costantini. Authorities are still trying to determine why Virginia Beach city worker killed twelve people before dying in a shootout. With police, correspondent Miguel Marquez a motive still a mystery the shooter's resignation Email short in concise writing. It has been a pleasure to serve the city, but due to personal reasons. I must relieve my position, the city manager saying shooters job was not under threat his work satisfactory with no issues of discipline ongoing. On Wall Street, the Dow Jones industrial average rose five points, the s&p five hundred closed down eight the NASDAQ tumbled down one hundred twenty points..
"nineteen billion dollars" Discussed on Radio Free Nashville
"Of Aleve continued by government and Russian forces. Nine children were among the dead, according to the Britain-based Syrian observatory for human rights, the United Nations is warning three million people, and he'd leave are caught in the crosshairs of the fighting and blasted the international community's lack of action in the face of the growing humanitarian crisis in Brazil, at least fifty five prisoners were killed as fights broke out across four prisons in the northwestern state of Amazon S, fifteen prisoners were found dead Sunday and forty on Monday. And what thirty say were gang related riots, the deaths were caused by strangulation and stabbing leaders of the suspected gangs are being transferred to maximum security prisons, Brazil as the third. Largest prison population in the world, according to a local human rights group, one of the prisons, where riots broke out was housing more than twice its prisoner. Capacity Brazilian president j or Sinato, who campaign law and order platform has said he would quote stuff prison cells with criminals and more news from Brazil nonprofit, environmental group is warning deforestation in the Amazon rainforest increased by twenty percent in just the last nine months. Experts say logging and land invasion, are to blame for much of the loss president both sonata when his environment minister have worked to open the Amazon even further to logging mining and agribusiness companies while violating the land rights of indigenous peoples earlier this month eight former environment ministers warned sonatas administration was systematically, destroying Brazil's environmental policies with one former minister saying Brazil was becoming an exterminator of the future. Malaysia will send up to three thousand tons of plan. Waist back to the countries that came from an attempt to hold wealthier countries from dumping their use plastic under the guise of recycling Malaysia became the world's main dumping ground for plastic refuse after China banned import tation last year the plastic smuggled to unlicensed recycling plants from countries including the United States, the UK, France, Canada and Australia, and it's causing environmental problems for surrounding communities. This is Malaysian minister of energy, Yobe gin. Sold the what the citizen of the UK believed that the central recycling is actually dumped in all country, Malaysia. Like any other developing countries have a right to clean air, clean water, sustainable resources and clean environment to live in just like citizens of developed nation can the United States in nineteen billion dollar disaster relief? Bill continues to stall in the house, as Republican congress member Thomas Massie objected to its passage to stay by demanding an official role. Call vote following a similar move last week by fellow Republican lawmaker chip ROY, the Bill passed handling in the Senate last week. But the objecting congress members cited the lack of border wall funding among other reasons for their opposition, the Bill would send relief funds to western states hit by wildfires midwestern states, dealing with flooding and hurricane ravaged areas in the southeastern Puerto Rico as well as to farm. Affected by natural disasters has majority leader, Steny Hoyer said Democrats will attempt to pass the Bill on a voice vote Thursday or failing that would pass the Bill after lawmakers return from their recess next week. Recent research shows e cigarettes, may pose an increased risk of heart attack. A new study in the journal of the American college of cardiology has found the substance use to flavor e cigarettes can threaten the survival and proper functioning of human souls. The study's author says the research refutes, the common perception of vaping, a safe alternative to smoking regular cigarettes the food, and Drug administration said last year. Vaping head increased nearly eighty percent among high school students and fifty percent among middle school students over the previous year. And in more public health news the measles outbreak has now hit over half of US state sixteen new cases where identified over the past week bringing the total to nine hundred. Forty cases in twenty six states. So far this year, New York has the highest number of new infections. According to the centers for disease control experts expect the number of cases to exceed the outbreak of nineteen ninety four in which nine hundred fifty eight cases where identified public health officials blamed lower vaccination rates based on misinformation for current surge infected people. Meanwhile, main became the fourth state, along with California, Mississippi and West Virginia to end most non medical exemptions for childhood vaccines. And those are some of the headlines this is democracy now democracy now dot org. The Warren peace report, I mainly Cushman, and Juan Gonzalez, welcome to all of our listeners and viewers across the country and around the world. This is not a drill. This is not a warning this is real and it's a public health crisis. Those were the words of Planned Parenthood president Liana win Tuesday, when news broke of Missouri's only abortion clinic might be forced to close by the end of this week, effectively ending access to legal abortion, in the state as Republican legislatures across the country attack reproductive rights with a wave of antiabortion bills. This threat is coming from the state of Missouri itself. Planned Parenthood says that Missouri's health department is threatening not to renew its licence over a series of reasonable demands, including interviewing seven of the clinics doctor's Buckner Colleen, mcnichols and abortion provider at the clinic told reporters, quote this harassment and attempted intimidation of doctors at the highest levels of government. Missouri is one of six states in the country with just one abortion clinic left, the others are Kentucky, Mississippi North Dakota south. Dakota and West Virginia. If Missouri fails to renew the license by may thirty first, it will become the first state without any abortion services since Roe v. Wade recognized the constitutional right to abortion in one thousand nine hundred seventy three Planned Parenthood has filed a lawsuit to stop the clinic's closure a hearing scheduled for this afternoon in Saint Louis. This comes less than a week after Missouri's Republican governor Mike Parsons signed a law banning abortions at eight weeks of pregnancy with no exceptions in cases of rape, or incest. The law will trigger a total ban. If Roe v Wade is overturned the same day Planned Parenthood announced the threats to its less clinic in Missouri on Tuesday, the supreme court declined to take up a provision of an Indiana law that bars abortions based on sex race or disability. The fetus, the decision keeps in place, a lower court injunction on the measure. The supreme court, however, decided to allow Indiana so called fetal burial law to go into. To affect which stipulates abortion clinics must dispose of fetal remains either through burial or cremation the measure was signed into law by then governor. Now, vice President Mike Pence and two thousand sixteen. Well, for more, we're joined by two guests in Saint Louis Missouri, we'd go to Dr Aaron king OBGYN, and executive director of the hope clinic for women in granite city, Illinois. Which is about ten minutes from downtown Saint Louis, Missouri here in New York. We're joined by Alexa, Koby Molina senior stuff attorney at the reproductive freedom project. She recently filed the ACLU challenge to the Alabama abortion ban. We welcome you both to democracy. Now let's begin with Dr Aaron king, you are minutes from the Saint Louis women's health clinic, that provides abortion, explain what is happening this week before we move onto the supreme court what could happen by Friday with Missouri's last. Remaining women's health clinic that provides abortion will think excuse me. Thank you for having me on the show this morning, we're really, really concerned here in Missouri. I'm a Missouri resident right now I'm sitting literally about a couple of miles from the last remaining clinic and the news that broke yesterday about the fact that the Missouri state health department is threatening to shut this clinic down based on unreasonable demands is most concerning for the patients in the state of Missouri. We are really literally in a crisis right now where the patients in our own state in Missouri cannot access safe. Reproductive healthcare as a Friday. So right now, I happen to be fortunate enough, not just to be a gynecologist and provide abortion care, but to do that in Illinois. And I really will I really predicting seeing a high number of patients having to start to travel. Across state lines just to receive the healthcare that they seek, and duck in terms of what you already, what your clientele already is Illinois. Could you talk about that? Because given the fact that there are, so there's only one of clinic left in Missouri. Right now, of that can provide abortions, the hope clinic for women where I'm the executive director and also a physician, we have seen patients for over forty five years. Many of whom are from Missouri. We already see patients over fifty percent of our patients come from zuri in the last two years with a significant number of restrictions around abortion in Missouri. We've already seen a very, very high number of patients have to come over to Illinois to see us. I expect that number will increase significantly just yesterday as the news was breaking about the health clinic, potentially being shutdown Planned Parenthood potentially being shut down on Friday. We already had a flood of phone calls of very. Panicked, and frantic patients wondering what was going on where they can go, where they can see care? So we're already really concerned that there's a lot of confusion around this issue. And unfortunately, not all patients can just pick up and drive across the state line to seek care. Dr king can you explain? What is happening by Friday, why? Suddenly, it seems we're just talking about licensing of the clinic, something that happens every single year. Now, your husband is also a portion provider right in the Saint Louis. Planned Parenthood clinic. Right. Correct. So what is happening is that every year, and this is this is a law? That's in Missouri. Every year, the abortion clinic has to apply and be accepted for a new license as abortion facility, which comes with a lot of regulations above, and beyond the usual regulations around healthcare, and Missouri state health department has stated that they don't think that the Planned Parenthood in Saint Louis can comply with these regulations, and they're forcing the doctors to go through interogations. They're forcing. I think you said the beginning of the program, so I don't wanna miss speak, but seven of the doctors to go through interrogation just to get this licensing through the Planned Parenthood in Saint Louis are close colleagues of ours. Hope clinic, we work with them on a day-to-day basis. We know the healthcare, they provide is very safe. It is high quality is well, within the standards of medical care, can shutting down the clinic based on new allegation. Nations and interogations just based on harassment and intimidation does nothing to improve the health or safety of the patients in the state of Missouri. I wanted to ask you, what kind of problems do you confront it'd be naval being a provider with even in Illinois in terms of potential harassment. Or, or do you have any fears for yourself your own safety, given some of the ongoing protests, even violence that have occurred against other abortion providers around the country? So I've been gynecologist for fifteen years. And I do a lot of different workers gynecologist I do work specifically doing abortion care, and I do feel harassment from protesters from people who believe that abortion should be illegal that has been a long standing issue. And it does feel scary to provide care that there are people that don't agree with you and have in the past been violent against providers who provide that care. I think this is a whole new level. Title of concern, where we are actually scared of our own health department in Missouri. I am also a licensed physician in Missouri. And it really is intimidating to think that our own state health department could suddenly turn on you for providing legal safe care that is well within the standards of medical practice. So I think this is a whole new level of concern. And I'm concerned for our patients. I think patients are hearing in states across the country, that their care could be criminalized, our governor in Missouri on Friday, signed a ban into law that would prevent abortion after the eighth week of pregnancy in, I think, patients themselves are feeling doubt not just the harassment that the providers feel from the outside, but also from their own state. Friday that date that the clinic can close the last women's health clinic, that provides abortion in Missouri. It will be the first state not to have one at all Fridays, the tenth anniversary of the assassination of doctor George Tiller, who was shot dead at the reformation Lutheran church in Wichita Kansas, may thirty first two thousand and nine but I wanted to take that issue of the governor signing of the band Missouri's Republican governor Mike Pearse Parsons, signing that ban on abortion, so that weeks of pregnancy with no exceptions in.
"nineteen billion dollars" Discussed on KQED Radio
"And nineteen billion dollar aid package today. San Francisco, Chronicle reporter towel copen brings us up to date on this legislation and first off tau the twelve billion of the nineteen billion dollars in this Bill is slated for folks impacted by wildfires briefly. Can you tell us what else is this Bill? It's taken so long to get this package together that it's kind of amazing the number of disasters that they're trying to cover here. I mean you're talking about really awful hurricanes last fall that hit the Gulf Coast. You know, the Carolinas down to Florida to Georgia volcanic activity in Hawaii storms that hit some of our outer lying. Territories flooding in the midwest. So there's a lot and continued recovery in Puerto Rico there. There's a lot that's in this nineteen billion dollar package. And the house is controlled by Democrats, so can you explain how one Republican from Texas was able to block this bipartisan aid package? Like I said, it's been quite a long saga. So the house actually passed something in January and the Senate was just unable to match it, and since then more disasters have happened. So the house passed another Bill earlier this month that was also nineteen billion dollars. But again, the Senate was unable to agree to what was passed in the house, a lot of the hold up to this point had been President Trump objecting to more money going to Puerto Rico for their continued recovery from hurricane Maria. But finally, the Senate was able to agree with the president to give more money to Puerto Rico, and they passed their own version of the legislation. And so the way sort of congress works if the version is different the other chamber either has to. Pass the same thing. Or then there's another lengthy process. They could go to the problem is by the time the Senate reached this deal, the house had already adjourned for the Memorial Day, recess and lawmakers were already on flights home so to get this done. They tried to use the quickey process called unanimous consent and that allowed for a single Republican as long as he was present he was able to object to moving forward with this package. And what was his motivation? So he gave three reasons on the house floor when he objected the first being that the house should be present to vote on it sort of on the record each member. He also complained that for a little bit that was being considered being attached, the Bill for the situation at the border mostly humanitarian assistance as well, as you know, probably some other priorities on the Republican side, he was dismayed to not see that end up in the Bill, and then his final complaint was that you have such a large package, and there's nowhere in the Bill that explicitly says how the money. Is going to be paid for which is fairly typical disaster supplemental relief packages, such as this, and what was the reaction to this move. Well, Democrats were furious and put out statements decrying, the move, you know, Nancy Pelosi put out a statement just saying that it was reprehensible and Republicans have to answer for this, obviously, if they could have gotten it done before lawmakers left, that would have been ideal unless the Republican side relents next week sometime. It will now be until June third at the earliest that they can finally get this legislation into law. And when victims have been waiting for months and months, you know, another ten day delay that could have been avoided. It is really upsetting some people cal- copen is the Washington correspondent for the San Francisco Chronicle. And I'm Tara Siler cake news. Support comes from bridge Bank, a division of western alliance Bank, offering flexible financial solutions to the technology and life sciences communities. The FDA has approved a new form of therapy for a rare and often fatal genetic disease..
"nineteen billion dollars" Discussed on KFI AM 640
"Passage nineteen billion dollar eight package. Stalled in the house. There was one single Republican House member chip woj out of Texas, who objected. They were going to do it just by voice vote, he objected, which means they're gonna have to wait till they get everybody back in town before they vote on it probably another ten days or so we are out here in Lancaster bravery brewing, and not only this brewery, a big place for the community to come and, and be just that it's all about community. When when, when we go to these news, Bruce, places it's the thing that I love most is a place for everyone to come together, have a couple of years and talk, like normal people instead of texting each other. Different. But the thing about rape brewing is the beer is really good. I don't drink beer. I've loved the beer here pet seven which is excessive for you judge me on a Friday. Brian Avery is the brewer here, the brains behind the bruise. And he joins us now. Brian nice to see you again. Jumping for having me on going. Give us a give us the quick rundown of Bryant history in beer, where we're just start y y beer. What, what we are rigid plants. Yeah. Of course. So a lot of professional brewers in the country. I started as a home brewer. And I was I went to film school. I was working on TV sets while it every week and I would drive back up to Palmdale to Homebrew and after a few years of doing that kind of realized that my passions were flip flopping and I still, I still love film and television. But I realized that beer was the real passion and got a business plan written together and went for it back in two thousand twelve one of the things I love about your story. Is that you had support? Parents, you went to them, and you said, I wanna make beer like okay. Block through that. My parents were actually on the verge of retiring. They were gonna move to Hawaii, and.
"nineteen billion dollars" Discussed on AP News
"Eighteen radio news. I'm Tim McGuire. President Trump tells intelligence agencies to quickly and fully cooperate with attorney general William bars investigation of the origins of the multiyear probe of whether his twenty sixteen campaign colluded with Russia press secretary, Sarah Sanders. In a statement says Trump has given bar full and complete authority to declassify documents, relating to the investigation bar earlier asked, John Durham, the US attorney in Connecticut to determine whether intelligence and surveillance methods used during the pro where lawful and appropriate a person familiar with what's going on says the attorney general's also working the CIA director, Gina hospital director of national intelligence, Dan Coats and FBI, director Christopher Wray, house speaker, Nancy Pelosi questions, the president's fitness for the job telling reporters Trump wants the house to impeach him. No question. The White House is just crying out. That's why he flipped yesterday because he, he was hoping Trump called her crazy. Nancy at an event at the White House, and that she doesn't seem to understand pending trade deal with Canada and Mexico is a mess luckless face it. She doesn't understand it, and they sort of feel she's disintegrating before the rush. She does not understand Trump says he'll sign a nineteen billion dollar emergency Bill for areas hit hard by hurricanes and severe weather. Democrats were able to strip some four billion dollars from the border for the border out of that measure in the Senate, minority leader, Chuck Schumer is warning the president, I wanna point out there is no transfer thirty in the disaster. Bill, the money's gonna go where it's intended not to anything else, a wall or anything else. And the point to make here better late than never. The Senate has also passed a Bill that aims to combat the illegal robocalls, not clear. What will happen, the House Democrats in charge of their own proposals going. This is AP radio news. The mayor of Jefferson City, Missouri, Kerry, Terron says there is a lot of damage in the capital city trees.
"nineteen billion dollars" Discussed on WCBM 680 AM
"A nineteen billion dollar disaster relief Bill that would deliver long sought relief to farmers victims of hurricanes and floods and rebuild southern military bases. House minority whip Steve Scalise who's calling on Democrats to hear the concerns of Republican. I would hope that as the Bill goes over to the Senate, the gentleman and your side would continue to work with our side. Both house Senate Republican democrat to achieve a bipartisan disaster relief Bill that can get all of these problems addressed and get signed by the president Georgy leader, Steny Hoyer was a reluctance to help the Americans who happen to live in the Rico to the extent that we are helping other people around the country as we. Should. So I agree with the gentleman. We had a bipartisan Bill today. I'm hopeful that we can have a bipartisan Bill moving forward. House had passed a fourteen billion dollar version of the measure in January, but the legislation's been held up in the Senate amid a fight between President Trump and Democrats over aid to Puerto Rico, a former Ohio State football coach has been arrested cops recall to in Ohio elementary school Thursday after Zach Smith became belligerent with school officials trying to take the kids from the school. They have coffee pages, and they're not letting have six trade, but he violated Courtney there on the nine one one call in Delaware County, the former Ohio State receivers coach violating a court order by showing up to the children's school at an hour. He's legally not permitted leading to an altercation sack. Smith game national headlines last year after being at the center of an investigation surrounding Ohio State head coach urban Meyer's handling of domestic violence claims levied against Smith by his ex wife, which led to a three game suspension for Meyer men Napolitano, Fox News as Mr. Rogers home state of pencil. Vania will be encouraged to exhibit acts of kindness and honor of the late host governor, Tom Wolfe, saying the state's website will share stories of good deeds and kind gestures may twenty.
"nineteen billion dollars" Discussed on Newsradio 1200 WOAI
"Did not stop almost two hundred volunteers were searching rugged areas in north their county for a missing San Antonio woman. Andrea MacDonald vanished. Friday, the prevailing theory from bear. Kennedy sheriff says that she was likely killed by her husband who is behind bars and his lawyer up sheriff hobby or Salazar praised volunteers, many friends, mostly people who are touched by your story or searching undeveloped areas near her timber wood park home. This is giving us the capabilities that now we can start expanding our horizons a little bit more maybe places that we hadn't considered a possibility. Now, we can McDonald's daddy joining the search thanking volunteers for giving their time. Michael board. Newsradio twelve hundred w that corner. Office was empty today. The boss may have traveled with some one hundred fifty business and chamber of commerce leaders to Austin for day of lobbying for issues in the legislature. That are critical the San Antonio JD Salinas of AT and T has never by the legislature to strip the city council of mandating paid sick leave is a top priority. They might be tomorrow, maybe tuition reimbursement or other things. So we want to make sure that make that decision to take care of their employees, and they'll also be pushing San Antonio's growing cybersecurity industry and fighting for education and transportation funding. President Trump plans to visit Alabama on Friday after Sunday's deadly tornadoes took a tragic situation. But a lot of good work is being done speaking at the White House. The president says he wants a first hand look at the damage done by the tornadoes. The death toll is at twenty three. Authorities say three explosive devices have been found close to London airports at a major train station. Scotland Yard's packages with small devices in them were found at Waterloo station and buildings close to Heathrow airport and London City airport. One of the bombs went off close to Heathrow causing a small fire. And there are no reports of any injuries. Scotland Yard says they're treating this as a terrorist incident an HIV positive man as the second person known to be cleared of the aids virus. Doctors say the man from London's been virus free for three years after receiving a bone marrow transplant HIV resistant donor and eighteen months coming off anti retroviral drugs and for the second straight year. Amazon CEO Jeff Bezos is at the top of Forbes ranking of the world's billionaires basis increases net worth to one hundred thirty one billion that's up nineteen billion dollars since last year. Bill Gates and Warren Buffett or in the second and third spots. Twenty one year old Kylie Jenner made the list for the first.
"nineteen billion dollars" Discussed on The Talk Show
"Can be totally legitimate way to protect your your network connection. So that, you know, connect via VPN, and then you could go to a public wifi and all of your traffic goes over the secure S H tunnel to the VPN server and so anybody on the local public wifi. Can't you know spy on your your your traffic? All they see is this encrypted connection. All sorts of companies, of course, require the use of VPN to connect to company sensitive company, data and consumers can use a VPN to do things like masquerade their location, maybe you could use a VPN to to get if you're outside the US, maybe you can get US only content or something like that. But anyway, Facebook bought them not out of the goodness of their heart. Shockingly. But because the evidence of the goodness under heart. The thing is when you connect via VPN, you're safe from the the network your local network, but you are you're handing everything all of the committees funnels through the VPN in whoever owns the VPN knows everything. Right. You you might as well, just let somebody sit down at your computer. You know, you have to trust them as much as the VPN as much as you would trust somebody sitting in front of your computer and Facebook use this von oh was popular enough. Obviously everybody didn't use it. It's not like it was something that everybody who uses Facebook with secretly running behind the scenes you had to download a vinyl and. Run it. But enough people running it that Facebook could use the data they were collecting and they were collecting data on everything. Everybody installed. It did every app they launched every network connection. What apps they used for how long and they used it to to make decisions like buying what's app for nineteen billion dollars because data they had showed. Hey, this is popular and getting more popular, we should buy it. And in September. Apple put the KYW Bosch on it. When it came to light just how much they were collecting an and I think it's fair to say it was being billed under false advertising by declaring this for privacy. And then using spy on violated. Terms of the the app store. Yes. It wasn't simply arbitrary or. We don't like we didn't think of this. It it really was violating the terms of the app store immediately. We now know as of yesterday immediately thereafter Facebook started doing something very similar through a privately distributed beta that was signed with their enterprise certificate. Now. That's something for example. So a big company like IBM or any company really can have a enterprise ticket and use that to distribute apps to employees that.
"nineteen billion dollars" Discussed on KMJ NOW
"On for probably as long as I've been doing this show at KM J. There have been investigations after investigations after investigations try to determine if there's any spiking going on with the oil companies intentionally to fat in their pockets at our expense. And the state of California has been able to turn up basically nothing along those lines to prove that. Could there be anything that the state of California is doing to the price of a gallon of gasoline to help the state of California make a couple of extra Pettis? Yeah. And why do I say that is just because I don't trust California government anymore. California. Government has lied to a so many times. The lack of transparency in Sacramento is very obvious. We've got a lack of transparency over the price of a gallon of gas. That's what brought this all about. And because it's taken so long to finally get affordable. Look at this means that somebody's been making that money. I mean, what is it eighteen nineteen billion dollars that's gone somewhere? And I would like to think the state of California knows exactly where it's gone. Since two thousand fifteen. I don't really think somebody in the oil companies bit, you know, getting rich strictly off of this. If it were the oil companies, I think they would have discovered this really quickly in the beginning. Right. They would have let the oil companies get away with it for so long, right? I mean, why would they they would have been all over it? But now years later four years later after a couple of investigations, oh, we may as well. Do something about this. Because it's getting out to the public that this surcharges there and gee whiz. Gee whiz. I think it's not the oil companies. But what do you think? All right. Where is this money going? You can only speculate who put that charge in there. And that leads to another question, which I definitely don't have the answer porn. I don't want to confuse you with it. But to add. A surcharge to a gallon of gasoline. Right. Not anybody can do that. I can't do that. Excuse me. You can't do that. It has to be somebody from the inside of government that is able to add any amount of money to a gallon of gasoline. Correct. It's gotta be somebody from within. So would it be within the oil company, if it was somebody within the oil company, they would still have to go through government? I would think to.