35 Burst results for "Six Hundred Million Dollars"
Facebook pledges to invest $1 billion in news after Australia standoff ends
"Facebook is defending its stance in australia saying that it has invested six hundred million dollars just since two thousand eighteen to support the news industry globally and it plans to spend at least a billion dollars or more over the next three years going forward quoting facebook's nick clegg the assertions repeated widely in recent days that facebook steals or takes original journalism for its own benefit always were and remain false. We neither take nor ask for the content for which we were being asked to pay a potentially exorbitant price. In fact newslink's are a small part of the experience. Most users have on facebook fewer than one post in every twenty-five five in your news feed will contain a link to a new story and many user say they would like to see even less news and political content. As tim burners lee the inventor of the world wide web warned. The australian law could make the internet as we know it unworkable. Arguing that it quote risks breaching a fundamental principle of the web by requiring payment for linking between certain content online and quote. Facebook is more than willing to partner with news. Publishers absolutely recognized quality. Journalism is at the heart of how open societies function informing and empowering citizens and holding the powerful to account.
Is Tether a Fraud? Its Bank Says It's Not
"Last weekend. A medium post by a pseudonymously former bitcoin investor going. By the name crypto anonymous made the rounds on crypto twitter and elsewhere it was titled the bit short inside cryptos doomsday machine and alleged that the stable coin tether which is supposed to be bagged one to one. Us dollars is a quote highly probable. Fraud there are a lot of different. Strands that crypto anonymous wove together to present his or her hypothesis. But the one. That was people's zoomed in on concerned whether or not tether is fully backed so tether is run by tether limited and limited bank is deltec which is out where you work and that's a bank based in the bahamas and the part of the peace that people are concerned with was a section where curcio anonymous showed some tables of the foreign liabilities of domestic banks. And here she wrote quote from january twenty twenty two september twenty twenty the amount of all foreign currencies had by all the domestic banks in the bahamas increased only by six hundred million dollars going from four point seven billion to five point three billion and so the bahamian dollar is pegged to the us dollar one to one so it's the same in us dollars. Then he or she wrote but during the same period. Total issued tethers increased by almost five point four billion going from four point six billion to ten billion so great. Can you explain why this discrepancy exists. Well i've seen that article. Actually i find it very interesting that there's someone that apparently have time. Perfectly buying and selling crypto actually is often the case those article of so-called experts. They usually have time to market like geniuses and then started claim scenes that are kind of unpacked especially in that case they went to that. I think it's the digest central bank of the bahamas and it became overnight a banker expert which i loved because we always look to recruit but in that case they didn't deal it further about how that works first of all. They should have known that the bahamas is what they call them. Offshore jurisdictions so what it means offered ratings soon as you have domestic bank and international banks into domestic banged there is to type of licensed linked to it. You have what they call the authorized dealer license and you'll try agent license deltec dual own authorize agent license which is a license that allowed him to custody. Bahamian don't have what we call an authorized dealer license so when it comes to cash on deposit we cannot old any in dollars cash deposit and at the same time because we cannot all those dollars. Behave in dollars. We cannot serve local customer so what we have is we have along that authorization license. We have an international bank license. Or i think it's called restricted license as well so in fact for that report and i'm sorry for that person because i guess he thought he was onto something. We are not a domestic bank for a reported deposit and actually if he went and the little effort to go indego bit about the size of the bahamian market of thinking would have found out that the entire massive banks have around two hundred billion dollars in assets. I believe and we are part of that. So we are not a domestic bank aside of authorized agent license but that is irrelevant business for us and maybe be much must be reported. We are an international bank and that is part of the international aspect. That's why i did answer it to some people asking but you are domestic within no because we cannot take domestic customer and we cannot hold domestic him daughters so that report is actually a nut relevant and nothing to be in there
Many In Flint Question Whether They'll Get Justice For Water Crisis
"According to multiple media reports michigan's former governor and other officials will be charged in relation to the flint water crisis seven years ago despite possible criminal charges. A lot of residents still question. Whether those officials will be held accountable. Michigan radio steve carmody reports. Nearly seven years ago government leaders here push the button that switch the city of flint drinking water source from detroit's water system to the flint river flag. The intent was to save money. The result was a complete disaster treated river water damage to pipes which then released lead and other contaminants into the city's drinking water eighteen months later. The water was switched back but the damage was done. Blood lead levels soared in young children. People were forced to use bottled water for drinking and washing clothes. The city was forced to rip out thousands of old pipes while testifying about the flint water crisis before congress. Four years ago former governor. Rick snyder acknowledged mistakes. State and federal officials failed the families of flint. Snyder was not among the fifteen state and local government officials face criminal charges for their handling of the crisis half of them pled guilty to lesser charges in exchange for no jail time and in two thousand nineteen michigan's new attorney general dropped charges against the remaining defendants citing problems with the original investigation. The investigation seemed over until yesterday when the associated press reported that several former government officials including former governor snyder. We'll be facing new charges. If that happens. Legal experts say it would be difficult case for prosecutors. Peter hammer teaches law at wayne state university in detroit. He says despite possible difficulty getting convictions. It's important to bring charges especially in an era where we're living where people are not being held accountable. This could be an important statement about the significance of the rule of law and that not even the highest public official in the state is going to get off. Scot-free a spokeswoman for former governor. Rick snyder calls the reports of impending charges a public relations smear campaign saying that if brought they would be meritless since during eighteen months of foul-smelling dirty tap water that made them sick flint residents have demanded justice and compensation a us district court. Judge is expected to decide in the coming days if she will give preliminary approval to a massive settlement agreement resolving most of the thousands of outstanding lawsuits last year. The state of michigan announced. It struck a deal with attorneys representing flint residents to pay six hundred million dollars into a settlement fund. A few months later the city of fled a local hospital and an engineering firm agreed to chip in another forty one million dollars. Nearly eighty percent of that money would be set aside for plaintiffs. who were young children or minors. During the crisis they are the ones most at risk for suffering long-term lead related health problems. But growing course of critics say it's not enough a group of flint. Civic and religious leaders led by pastor. John maclean gathered monday outside. The city's water plant to express concern about the settlement. We believe that the proposed settlement curly allocated is just as disrespectful as injury-cause by the water crisis tragedy itself in addition to tens of thousands of residents. There aren't the lawyers lots of them. More than one hundred forty took part in a zoom hearing with the judge last month. This is part of the challenge facing the judge how to divide a large pool of money without leaving some feeling victimized again. Flint's mayor says it's important. His residents have a belief in justice and developments. This week may help with that for npr news. I'm steve carmody in flint.
As Vaccine Approvals Loom, U.S. Funds A Back-Up Plan For Delivery
"When the time comes to vaccinate the world against cove in one thousand nine hundred and will there be enough glass vials and syringes to get it done. The trump administration appears to have a plan later. Today it's expected to announce that it will loan about six hundred million dollars to accompany in connecticut. Makes an injection device that can be mass produced. Here's dina ten of npr's investigations team. That's the sound of a covid nineteen vaccine backup plan. It's a production line in columbia south carolina. That's turning out a novel injection device that the trump administration is counting on to help deliver the covid nineteen vaccine as early as this spring. Npr's learn that later today the administration will add to its already hefty investment in a company called apogee systems america and extend more than half a billion dollars to its effort to backstop the country's covid nineteen vaccine program. I'm jay walker. And i am the chairman of abject systems and you founded another company. We've heard of right. yes i am. Best known as the founder of priceline dot com the founder priceline. The man who put william shatner back on the map is now producing a single use self contained injection device. That's designed to be an alternative to glass vials and syringes. We called a seret. It's a little bigger than your thumb and it looks a little like the single doses of eyedrops that you get from the eye doctor. It has a hypodermic needle. That you screw into the end like you do when you screw in a nozzle on a tiny bottle of crazy glue. Only in this case it would carry any number of approved. Covert vaccines walker said. It's that effort that the us international development finance corp. is funding with a five hundred and ninety million dollar loan. The us government is announcing a plan to support the biggest and fastest vaccine syringe filling factory up to three billion doses a year. That's billion with a b. Even though the injection device has yet to be approved by the food and drug administration which worries nicole lurie. She served at the department of health and human services. During the obama administration fit challenge that i see is that it is a completely untested technology. What testing of the applejack product has been done to ensure that the materials inside the epa jet containers don't interact with components of the various vaccines. The vaccine being produced by moderna for example needs to be kept it. Arctic temperatures walker says the epa jet devices can handle that but the fda has yet to certified that that's true but then you can say that about a lot of the projects funded by the trump administration to try to combat the virus. Tens of billions of taxpayer dollars have been spent to fund a roster of vaccines some of which are bound to fail. The point is to try and find a solution deirnesa wrong as the global program leader for medical devices at path which is focused on improving global public health in developing countries. And he's been tracking progress for a while and he says it's hired some people who are really good at pre filled technologies from our perspective. A low cost pre fill. Is something that we've always been aiming towards for low and middle income countries. He doesn't think the administration is making a particularly risky bet. I'm excited about what could be. I mean we could truly have a low cost scaled up pre filled system. That could be used for a number of different drugs or vaccines biologics. That could benefit low and middle income countries. Applejack is getting a cash infusion. Now it needs fda approval to become the backup plan. The trump administration is banking on dna temple. Ralston npr news.
Mirati to Rival Amgen in Solid Tumors
"So to start I wanNA talk about exact sciences ticker symbol e x a s, and they are now trading at around twelve billion dollar market cap, and what they announced is liquid biopsy testing data in six different cancer types showing a sensitivity of eighty six percent and a specificity of ninety five percent, and they did kind of a grab bag of cancer types. We have lung ovarian, liver pancreatic, and Alpha Jill. And so I did video on exact sciences quite a while ago I thought their evaluation was a little bit toppy back then and was waiting for dipped to buy, and that's what I did during the Cova crisis I took a small position and then I sold just recently at around ninety four and I think is trading just over one hundred dollars right now but this. Is Nice to see them kind of moving into new areas because I think one of the things that they're struggling with is leaning on their old testing kit the colours guard while all these other companies are trying to get into things like liquid biopsy, which it's going to be a real game changer in the space. Once these treatments get validated and approved by the FDA. Now. They're not alone doing this exact sciences is kind of just finally getting into this because other big players like alumina through grail they just acquired this private company called grail officially officially. We've garden health personalisation of been floating around and invitations. Well, who just acquired archer DSL there's a lot of companies in the space, but exact scientists has shown some pretty good success in their previous testing kits. So it just makes sense them to jump into this new area and be a good competitor. So I think right now probably a little bit toppy with the price around one hundred but I'm pretty pleased with the small profit. I made given the number shares that I have. So that's exact sciences. Want to move now into regeneration ticker symbol. And they're trading at a sixty billion dollar market CAP. I did a video on them also a few months ago, looking at kind of their staples in terms of the different products that they offer and I concluded that they were relatively over-valued back. Then I think now also a little bit overvalued, but it does depend on how well their product. So and the kind of revenue they can bring in obviously but the news that we heard is that they released data on their antibody cocktail for covid nineteen. and. What we saw is that it reduced viral loads and symptoms versus placebo in non. Patients who are infected with SARS co to and what they shared our results from initial cohort of two hundred and seventy five patients, and they also have nine hundred or more patients enrolled. So this is kind of a preliminary analysis that they're showing US and they've called it a phase one, two, three trials. So they're doing the PK the safety along with the efficacy and other sorts of secondary outcomes all at once and when I look through their stuff, they started off by kind of categorizing patients based. On Sarah Negative or zero positive and I, think it's important that they do this because we're looking at a treatment for covid nineteen and if people are already sero-positive in their bodies, already mounted an antibody response in order to bring down viral loads. So what regeneration is trying to pose here is that the negative patients which means they have not mount that antibody response have significantly higher viral load and they make a better target for most treatments probably also their antibody cocktail that they're gonNA share data with. So. Then the data that they show here shows a range of efficacy based off of viral load. So we have tended the power of four copies, parallel all the way to tend to the seven copies personnel. So quite a big range in viral load here and I just blew this up on the screen. What we're seeing is that at the higher viral load, the treatment and there two different doses here in the green and the red line, we see that much more dramatic decrease in the amount of viral load in. These patients and it does kind of make sense because if your body's already mounted an antibody response, the window of efficacy is just going to be a bit smaller than if it's before the at which your body's manning response. So I think for these patients, it's definitely positive data. They also looked at other other metrics as well and I'm not going to get into everything but they did look at a day to alleviation of symptoms and they looked at the overall population of patients. It's the difference of nine with Placebo. To between six and eight, depending on the dose that they gave the antibody cocktail with the negative group alone, the placebo was thirteen days and then the low and high dose was six and eight respectively. So obviously a big difference when it comes to whether or not the patient is zero negative or positive. So that's probably going to inform the FDA when it comes to approving the drug or giving some kind of guidance on which patients should take the drug and who are likely to see more positive outcomes from that. So overall. I think it's good. It gets a step ahead of the Gilead data where I don't think we've even seen a placebo group yet. So it's nice to see regenerate actually do this placebo controlled trial. We can see whether or not there is efficacy and I, look forward to seeing the rest of the data I'm not if this merits taking a position regenerate here given that they're such a large company already and they have so many different assets that are I would say more likely to contribute to their bottom line. This doesn't entice me to take a position, but it's nice to see that we're getting all these therapies are starting to see vaccine data, and this just makes me feel better in general that we're going to move towards being able to treat this disease and hopefully get out from under this and then Kinda recover with the economy. With that, let's talk about the main story for today, and that is morality Therapeutics Ticker Symbol M rt ex, and they're trading at a price of one sixty, two point zero five per share giving them a market cap of seven point two, billion dollars. Their Q. Two, twenty, twenty, net loss was eighty, three, million dollars, and this represents an eighty percent increase year over year there their q two net current cash is six, hundred million dollars giving them a runway of about until twenty twenty two I would say but let's also be careful that if they see positive data. This year or next year is a good chance that they're going to raise again. And what Morad is trying to do is develop targeted cancer treatments and they're specifically looking at solid tumors and even more specific than that are K. Rasa inhibitors, and so they have to compounds Marta six, eight, four, nine, and x, one, three, three. They're also looking at checkpoint inhibitor resistance with their compound sicher Vance it, and I'll talk about that in a bit later. To start though we gotta talk about chaos and the reason why this is so important is that chaos mutations are present in a large population of cancer patients. The first thing it's important to note is that chaos is pretty ubiquitous. It's a critical part of the map kinase signaling pathway, and this is very important in basically every single cell. This pathways involved in Cell Proliferation Cell Survival had differentiation here. There's a whole bunch of other stuff and it makes a little bit confusing because it is involved in. So many different pathways that if you were just to inhibit this molecule non specifically, you're likely to see significant side effects with patients. It's for this reason that it's important that we can come up with a targeted therapy that will only target cells that have a mutation in chaos rather than the healthy normal. KS. To talk a little bit more about its function, it works as a GT as and what this means is that it takes a molecule GDP converts it to GDP using that phosphate group to continue the signaling pathway. The next step is Raff or something like that mutations in. A company twenty, one point, six percent of all human cancers, and then I have here that chaos the predominant or exclusive Rask's mutated in three of the top four neoplasms that account for cancer deaths in the US lung colon and pancreatic. Cancer.
Finally, Airlines are Dropping Change Fees
"Wars daily on this September fourth. Happy Friday friends and happy. Labor. Day. Weekend. Labor, day, marks the end of summer for many of us an occasion for one last Hurrah barbecues pool parties in one last long weekend vacation perhaps this year well, most of us are staying home and the airlines have absolutely nothing to celebrate. Passenger levels are down seventy percent from a year ago, according to figures from the Transportation Security Administration looking financial disaster in the face, the airlines are trying to woo travelers back given the safety concerns that's proving difficult. So on Monday, United Airline CEO Scott Kirby took a startling and many would say welcome step here he is in a video announcement. Permanently getting rid of change vs on standard economy and premium tickets for travel within the US. Changes inevitable these days, but it's how we respond to change. That matters most. We hear from customers about where we can improve getting rid of this feat is often offered West and for good reason until now it could set you back two hundred to five hundred dollars to change a flight on one of the Big Three Airlines, United Delta or American sometimes that fee was more than the cost the original ticket simply the existence of that fee put all three airlines at a competitive disadvantage. To Southwest Airlines, which proudly boasts that it has never charge change fees or baggage fees, either which is another story well, now, non of the other airlines will either at least for domestic flights about twenty four hours after Kirby went public. American Airlines and Delta followed suit and canceled their domestic change fees as the Wall Street reports American went even further canceling their change fees for international flights to Canada Mexico, and the. Caribbean. Now, the question is, what will it cost them? US carriers earned close to three billion dollars from changing cancellation fees in two thousand, nineteen according to the US Transportation Department. All three major airlines in hefty amounts of money. American was I with more than eight, hundred, million dollars coming from vs Delta was close behind united took in more than six hundred, million dollars one might imagine that it could be hard for. The airlines to give up these fees after all about fifteen percent of their revenues come from the fact did travelers changed their minds united is burning through about forty million dollars a day and could cut up to thirty six thousand jobs by October first that according to CNBC. So you might think that every possible penny counts but if no one traveling anyway, well, it's
United scraps ticket change fees
"The most hated of all airline fees. Is the fee your charge to change your ticket? And never more than right now during corona virus where if somebody books a ticket to travel somewhere, they may later say, ooh, I really don't feel comfortable going. And that's why. The nation's airlines have followed the longstanding policy of South West. With. asterisks where you can buy a ticket now. On. Any US, airline and under Their straightjacket conditions. You don't lose the money. If you choose not to take the flight, you just gotTa meet all the rules jump through the right hoops and all that. But the reality is. Bit Airlines have only looked at what they make from change fees rather than how much business they ultimately don't get because they have changed fees in the first place. Let me explain. So I. Fly a lot on south. West Airlines. Until this year when I'm not flying anywhere because I'm in. Quarantine. Because a pre existing anyway. So I would fly typically in a year. I would take somewhere twenty five to thirty trips a year. Right, now I'm taking zero. So. I had a trip that I talked about. On the show last fall that change five times before I took it and I talked about how on the big three full fare airlines American united and Delta. I would have paid a thousand dollars and change fees before I ever left the ground. But because that was a ticket on south, west at paid zero in change fees. And so it's always been competitive market advantage for South West that they don't charge change fees that other airlines do. Well now, United Airlines. Has announced that they are eliminating change fees. Not Related to corona, virus, just eliminating change fees. On. All their airfares for domestic travel except. Basic economy basic economy is the one where we hate you but we'll take your money and let you fly. That has a long list of don'ts. And all that with basic economy, they have basic economy at the airlines so that their fares look lower. Than they really are. But anyway. As on United. Or going to have no change reason that this is something that upfront looks gutsy on United's part. Because according to the fads united collects over six, hundred, million dollars a year that goes straight to profit. From the change fee junk fee because the reality is. The cost for an airline somebody changing a flight. If any is just a couple of pennies. There's really no cost to the airline is just a junk fee. And so United's walking away from fifty million dollars a month. and. What they're not GONNA get in change fees but what they may well find. Is that people are more likely to book a ticket. Knowing that they can change it later without having to pay pay change fee. Now, we'll see over the course of this week. If The. Other two full fare airlines. American Delta. Follow United because often the three full fare airlines pretty much act like tweedle dee tweedle dum on what they do in terms of junk fees and nuisance fees and all that, and so we'll see and this will. Potentially. Erode. A huge market advantage four southwest airlines if airlines just blanket. Eliminate pretty much all the fares that are subject to junk fees united did not do so for international flights, but most people fly only domestic. So it it's not as much an issue for most people but. This is a very positive change. And I think back. That the junk fee for changing a flight for a long time was twenty five dollars. And then over the years the full fare ions got more more greedy kept raising it to the ridiculous two hundred dollar point and as travel writers pointed out repeatedly. Two hundred dollars change fee in most cases is higher than the fair bid a leisure travel or paid for their ticket in the first place.
Michigan announces $600 million Flint water crisis settlement
"Yesterday, the State of Michigan announced a six hundred million dollar fund to Compensate Flint residents who were harmed by lead Tina drinking water. This goes back to two thousand fourteen when Flint's which water supply from the city of Detroit to the Flint River in order to save money the city was facing financial issues and was under the control of a state appointed emergency manager. Still State environmental officials advised flint not to apply corrosion control measures to the water. Even as it was flowing through old pipes city residents started to notice an issue with the water. It was discolored had a bad taste. It was causing rashes and a lot of. Other issues at the time local and state officials continued to insist that it was safe. It wasn't until outside researchers tested the water and found elevated levels of lead that residents particularly children were urged not to drink. The water residents had to switch over to bottled water for more than a year and lawsuits filed against the state a couple years later, Michigan Civil Rights Commission determined that the water crisis had its roots in systemic racism and was a quote complete failure of government in a city where most residents are people of Color,
Whitmer: $600M Flint water deal a step toward making amends
"Michigan's governor says a proposed six hundred million dollar deal between the state and the city of flat it's a step toward making amends for a lead tainted water disaster that never should have happened governor Gretchen Whitmer says the financial compensation it's just one of many ways in which the state could show its support for flint residents the proposal has to be approved by the U. S. district judge overseeing lawsuits against the state the deal would create a fund from which victims would be able to seek payments nearly two thirds of the money would go to children who were six years old and younger when they were first exposed to contaminated water let is especially dangerous to children it can potentially damage the brain and nervous system and cause learning and behavior problems I'm Mike Kemp
Business Is Booming At National Parks
"Standing outside the north entrance to Yellowstone National Park in Gardner Montana you could tick through about two dozen state license plates in the time that it takes you to drink a coffee. That is normal in the summer. What's not normal is the people driving those cars doing stuff like this we rented a van and it has a Florida license sag but I put a sign in the back window that said we are not from Florida. Lynn Hunter and her family are from Kansas, your that Kansas, even grandson, Noah will tell you. Don't want anybody think we are same goes for just about any place that's been in the news recently for having spikes in Cova Cases Families like the hunters are driving national parks like yellowstone in droves right now, king to escape from wherever are trying to salvage a summer of stress and they know that it comes with risks we were scared to come really we've been planning it for a long time. So here they are at one of the country's first national parks and they're happy they did thing is the same is true for about one point five, million other people since mid-may Ricarda, raise, and his family are from North Carolina. Made. It will be a kind of a little bit but a lot of people out there over the last couple of weeks the number of cars entering the Gardner entrance at Yellowstone National Park are higher than they were at the same time. Last year restaurants have long waits rafting companies are struggling to find workers and fly fishing guides. Richard Parkes owner of parks fly shop says too bad anglers. There's just as many people casting for Yellowstone Brown or cutthroat trout as there's ever been before I. Think we're getting some people that are just refugee ing Outta those places that's great for his bottom line park says he makes between eighty and ninety percent of his annual earnings between June and September. But at seventy seven years old, it's also a bit worrisome. I'm official old. Flood. Is. One of the people inherently more vulnerable than others and I get a little nervous when? Some mob of people running in. No Mash, no apparent care of how many people showed in the place but that's the dance he's having to do yellowstone brings in more than six hundred, million dollars to its surrounding communities every year most of that in the summer nationally visitor ship to national parks generates more than forty billion dollars annually, and so even while there are concerns particularly around rural parks like yellowstone that outsiders may be bringing in more than just. Their pocket books during the pandemic it's a risk that many are willing to take and so foreign yellowstone it seems to be paying off definitely get for the business community I think that you know in May they may have thought that they might not make it through the end of the year, and now they're seeing record breaking numbers juries. PETKOFF is the executive director of Garner's Chamber of Commerce so far she says only. Two Park employees and three visitors have tested positive for COVID. She sure some have gone undetected, but the numbers thus far are encouraging. Typically visitation goes way slower October. So we only have more months to make it through. So I think everyone has kind of holding their breath and just hoping the community spread doesn't happen I. Don't think I've ever been in a summer that I wanted to end as quickly as this one. Camp Shali Superintendent of Yellowstone National Park. There's not a day that I come to work where fearful of multiple employees testing positive for having symptoms yellowstone like many national parks around the country is limiting its services this summer to try and protect employees and visitors closing campgrounds in some cases or visitor centers. Social distancing and masks are strongly encouraged outside of the post office yellowstone's headquarters to mask bear statues serve as a reminder. But the National Park. Service overall has not mandated face coverings. Charlie says most visitors are doing a good job of protecting themselves and others, but not always. So He's urging people if you're sick. Are you have symptoms or you're not sure do us all a favor and don't come to the park or anywhere else for that matter Nathan Rot NPR News Gardner Montana.
Conversation With Mountain West Commissioner Craig Thompson
"Delighted to welcome. To our program, a very important guests at this unbelievably strange time from the Mountain West Conference Commissioner Craig Thompson Commissioner thank you very very much for making the time I I, I can only imagine what your schedule is like. These days especially Zoom Bill Assuming there is one good afternoon. Paul good to be with you. You know I hope to mode no more about The next ninety minutes to two hours I have a four o'clock board calling five o'clock standing Monday de call, so we all compare notes and Kinda live by that old adage. God gave us two ears and one off for a reason, right? We're trying to learn from each other. Well we appreciate you making time I'm curious before we get down to some of the obvious questions Since, this occurred you. You've been very obviously active in in the NCAA, basketball tournament, having chaired the the men's basketball committee, and it all started there, and and I know in in your many many years is as commissioner. You've experienced so much but How do you? How do you prepare yourself for something like this? which is literally off the charts. Really is and you know again you don't because. no-one there might have been a few people worldwide They'd be well into their hundreds that were around nineteen eighteen. Spanish flu days, but For the most part, nobody's dealt with any of this Paul. So it's all new, and and it's It's disconcerting. It's hard. It's sad, but it's It's life and it's something we. We have to adjust to and and moved from. In as you get closer to what are really critical decisions, other conferences have made these choices many have not What what do you weigh as you're about to go onto? Another call here how how do you determine these things? Well, it's really got to beat a the safety and the health soccer you I think it's simply going to come down to what is the risk tolerance for for all the various groups just within our FBI subdivision and certainly there's. A rank and file and differences between the autonomous five leaks and a group of five leaks, but You've got you've got. A ton of governors. There's fifty state governors in that up BS group, one hundred thirty board of trustees, regions, one hundred thirty university presidents and Chancellors hundred thirty athletic directors under thirty head, football coaches, and I guarantee it dollar on the same page, and so you know we're. We're just trying to adjust on what makes the most sense for my university and ultimately our conferences. And everyone has a different set of circumstances as you said Commissioner Thompson but. It is late I think you know that we all we all know that. As you are about to go on these calls here in the next hour or two How do you start narrowing the window and coming to? Conclusions! Well we all kind of went into that false pretense and hope that fans should be better in July and August and we had time right back in March. We had four months to figure this out when we've got probably less than four weeks. A couple of weeks a big date coming up on Friday with you know the the six week period starting extended team practices, and then most camps opening somewhat in that August seventh time friend I! I had a good exchange with one of our head. Football coaches today saying you know I don't even know what to do. Because of campus regulations and concerns, we have one institution that's had nearly one hundred football players for little over a month. Now Paul and we have another institution that literally has no football players, conditioning of or working out degree, and so you know we're all over the map based on a local and university, muncipality rules and regulations and. I said this for months gone on standby. One of one of the big concerns and focal points for us is the state of California They just announced today that they're going to delay. The start of their prep season suggested until December or January didn't give an exacting, and they join a couple of states that the prep seasons have been canceled altogether one of our states New Mexico, so just just trying to deal with all the nuances and differences in rules, policies and allowances. As you as you try to deal with with some some issues before that certainly, the non-conference issues a lot of non conference. Games have been scrubbed. I. Has that been a major issue for you or Were you in reasonably good shape. Well it is a big issue, and of course years of all years. This is our twenty seven season A. We had more home games against PAC twelve than any time in our previous 21-year-history, we lost home games. Ucla at both. San Diego State ally. Utah, Colorado Washington state calendars on a state. They were GONNA play at the new two billion dollar NFL stadium in Las Vegas against UNLV so a lot of people like to point to that financial loss of losing the the six road at twelve games and a and a guarantee. Those seven home games from from both of financial interest level, and then ultimately you know television perspective CBS. Fox Aren't real thrilled. You know that we lost those seven home games. Talking to the Commissioner of the Mountain West Craig Thompson discussing all the variables. Commissioner. We. We've talked to so many different commissioners over these past few months, and as you as you so eloquently pointed out a minute ago. Everyone has a different set of circumstances and challenges you maybe more than than most because of the geographical aspect. But how do you think and it shouldn't be that hard to think about it since it's not far off? How how do you ultimately come up with what you would say? Good solution, not only for your member institutions, but for the safety of the athletes. Well again. You not to lean on your medical people and that's one of the. Major aspects of this board call coming up in an hour, so Paul because It's the first time that they in a while. They've heard directly from the the medical advisory group and you know they don't depend on them. You know they. They are the experts, will we? The board are economists and Then different walks of life. They're not medical people, per se, and so you know you really have to lean heavily on what makes sense I. I said four months ago and I I contend today. A lot of this is going to be perhaps probably triggered by what happens on our campuses. What they look like in the next month or so you know everybody's either hybrid mostly online You know there's GonNa. Be Certainly people walking around campus, but you know you. You really can't expect to have a college athletics if you don't have a fairly open in some degree. Campus. Commissioner I, it's no secret Wherever conferences are located and and and spread that football pays the majority of the bills there. There's some outliers of course but What's at stake you just from a revenue standpoint? Well you know. Let's all kinds of figures in I I know that A couple of our department said have lost Well in excess of ten million dollars now, and then could jump into without football alum Paul you know double and triple, and you know those are not insignificant numbers. They're smaller than the world. You live in I lived in Atlanta. For four years. New Orleans for twelve years both children born in New Orleans and well versed in an SEC football, and what it means in a walk of life, and so it's different, no question it's different I live in Colorado and and what it's like in Western states, but but none the less. You, do not escape whatever love your Ad. That football is probably that you know eighty eighty five percent of of an athletic budget, and and so it's so very important, but you know as harmful as painful rather as it is from the financial perspective now that cannot be the driving force won't be the driving force. It will be that the health and safety it'll be university decisions. You know I've always. Always felt. The presidents of universities and chances have an extremely difficult position now more so than ever because they're pushed him pulled in and all these different directions and you know I. Don't know how the decision will. Ultimately made would fall looks like from terms of football. I don't know who makes that decision, but Hopefully they'll be some clobbering collective. Let's let's go right to the College Football playoff. Can you even imagine a world where pick a number? Three conferences can play in the fall and seven up to play in the spring. What happens to see a p.? Is there a CFP? Does that make sense to have a CFP? I guess it might depend on those three conferences are and I use. You know you, you're GONNA have to look at this for for the good of everybody, and and you know the collaboration and collective exchange and we've seen conferences. Do things unilaterally I mean as a commissioner. You Work for twelve schools. You don't work for honored thirty FBI schools, and so you're doing what's right, and what's your membership is is directing and advise you to do, but we do have to get together and get the same page in some regards spor for the sake of the CFD for instance and the bowl system. I know at least I'm told in talking to your colleagues commissioners. We wind down. I know you've got a lot of meetings to that. You are a collaborative group. I mean that's a fact. I mean we see that all the time but it but I wonder though. Because we've already seen some some. Some schisms as we had the big ten, and then everyone else said something else I mean the PAC twelve and the big ten, and do you. Are you concerned about the stability of of what you do every day and try to work with everyone else within the framework of college athletics. I am and I'm not I mean again. We try to work together, but at the end of the day our plan for fourteen or ten members, order media have will dictate. What direction are leagues go and I know the NCAA takes a ton of shots, but the NCAA is membership driven. It's schools that are that are ultimately making decisions and the conferences the exact same way, so you know we can compare but I. I am concerned about The postseason college football, the the CFC's a five hundred million dollar enterprise NCAA. Basketball Championship is a six hundred million dollars in a prize number of conferences of two hundred and fifty to three hundred million dollar annual TV, contracts, and and we can't go ten I don't well. Yeah, anything's possible. You could go ten separate ways I. certainly don't think it's going to be that way at the end of the day. Commissioner will let you get back to your meetings, but thank you for making time. It was just a pleasure to to hear your perspective as someone who is so well respected. And revered in this industry we be well and let's hope for some good news. Stay safe yourself my friend.
Kim Kardashian West sells stake in beauty brand for $200M
"According to Monday report by the Financial Times Kim Kardashian. West just snagged a big deal for her beauty brand earlier this month, Global Beatty Company cody disclosed it was in talks with Kim over potential collaboration for the beatty line is now being reported that cody has agreed to actually buy a twenty percent stake in the reality. TV Stars Makeup Brand Katie W. for two hundred million dollars. The deal now values West Cosmetic, company at one billion. And basically cody said Monday that expects the acquisition to be completed third quarter, and that all the products will be sold through luxury beauty retailers as well as online. The partnership comes just a few months after cody locked in a six hundred million dollar deal with Kim Kardashian, little sister Kylie Jenner also with TMZ Kim said quote. This relationship Allama, focus on the creative elements that I'm so passionate about or benefiting from the incredible resources of cody and launching my products around the world.
Report: White House Coronavirus Task Force overspent on mask cleaning systems
"A new report says the White House coronavirus task force over spent on medical mask cleaning machines that failed to meet promises according to NBC news the no bid deal with Patel memorial institute was originally sixty million dollars but notes obtained from a task force meeting showed the potential cost to taxpayers grew to four hundred thirteen million and may have been capped at six hundred million dollars both scientists and nurses say the recycled masks broke down after only two or three treatments not twenty as promised no comment yet from president trump poor vice president pence others
Corporate Buyers Remorse: Victorias Secrets Sale Falls Through
"From wondering. I'm David Brown and this business. Wars daily on this Monday may eleventh. Victoria's secret is starting to look like one of those. Oh things around the house that you can't seem to sell and maybe you can't even give it away in February L. Brands. Victoria's secret's parent company. Agreed to sell a majority of the lingerie brand to a private equity firm for just over half a billion dollars. The deal with Sycamore partners appear to be a last ditch effort to keep Victoria secret alive. Not only has the brand been perceived to be out of touch with today's body positive customers but it has also been buffeted by scandal notably L. Brand CEO Les Wexner had been associated with Jeffrey Epstein. The alleged sex trafficker who died in his prison cell last year. In addition the New York Times published an expose about. Victoria's secret in February. The investigation turned up. Detailed sexual harassment and hostile workplace claims by employees and models claims that L. Brands didn't deny between the scandals and years of marketing misteps. It was as if the once glittering Victoria's secret couldn't get out of its own way though still selling plenty of merchandise. The brand lost more than six hundred million dollars last year. As Victoria's secret star was falling it sibling brand. Bath and body works was soaring. But Victoria's secrets problems. Were a drag on bath and body works and that damaged their parent company. L. Brand stock price fell more than half in the twelve months. The Wall Street Journal reported. So the deal was sycamore. Seemed like a solution to L. Brands. Difficulties Sycamore would take. Victoria's secret private but leave bath and body works. In the hands of L. Brands L. Brands could then pour more resources into the soap and candle retailer whose profits were bubbling along CEO. Wexner who is eighty two years old planned to step down from his post when the deal closed but last week the deal fell apart in late. April Sycamore Partner Sued L. Brand saying that Victoria secret hadn't kept up. Its end of the bargain among other things. Sycamore criticized L. Brands for closing. Virtually all of its sixteen hundred brick and mortar. Victoria's secret and pink stores globally failing to pay April rant and furloughing most of its employees during corona virus. Lockout as a result. Sycamore said the private equity firm should be allowed to back out of the deal. Some analysts defended L. BRANDS. Actions since closures were either prudent or mandated by state and local governments retail dives. Daphne Jalan reported others however said L. Brands should have consulted. More closely with Sycamore. L. Brands fought back. They countersued saying that. Sycamore suit appeared to be an apparent case of buyer's remorse according to Jalan they remarked on the irony. That other retailers already owned by Sycamore also closed their doors finally L. Brands accused Sycamore of simply trying to negotiate a lower purchase price. For Victoria's secret L. brands appear to be ready for a fight but last Monday the two companies said the deal was off. L. Brand said it didn't WANNA spend time and money in court trying to force a partnership. Sycamore walked away unscathed which leaves L. Brands in a precarious position. Some analysts are speculating that the company will put Victoria secret up for
President Trump hosts Native American roundtable in Arizona
"This is national native news. I'm Antonio Gonzales. President Trump signed a proclamation acknowledging missing and murdered Indigenous People Tuesday during a visit to Arizona which included a round discussion with Navajo Nation Vice President Myron laser and his wife Dottie laser and Hilo River Indian community governor Stephen Role Lewis dotty. Liser is an advocate working on missing murdered indigenous women issues. The President M I W is a growing issue on the Navajo nation. Here's part of her comments from livestream of the meeting on C. Span with the Ashland Mike case that came up in two thousand sixteen where she was kidnapped and raped and murdered in New Mexico. May Second Two thousand sixteen. So that's kind of open the door for Navajo to start saying okay. We need to do something. Because I became the forefront and so since then the amber alert on that one nation has gotten better but still needs help with funding. Still needs help with getting the data together. The roundtable lasted about thirty minutes and included discussions about cove nineteen which has hit the Navajo nation. Hard this week. The number of positive Navajo cases exceeded two thousand five hundred tribes across the country have been waiting for federal cove. Nineteen Relief Eight. Eight billion dollars is set aside for tribes in the Cares Act. President trump commented about the funding including the amount to the Navajo nation as he joked with vice. President Liser is the single largest investment in Indian country in our history. So the amount of money that's being sent to Indian country as we call it is the largest amount in the history of the US. And you deserve. And you've been through a lot in the Navajo. Nation will soon receive over six hundred million dollars. That's a lot. Can renegotiate community door. Go up before the Hilo River Indian community is set to receive forty million dollars. Disbursement has been delayed. The Treasury Department announced Tuesday a plan to begin payments to tribes which includes holding back amounts for Alaska native corporations due to pending litigation more than a dozen tribes sued over the inclusion of Alaskan native corporations in the funding he l- River Indian community governor Steven Lewis commented about the funding at the end of the meeting urging for the immediate release of the money and also saying the eight billion dollars is woefully inadequate to meet the needs of tribes. Nothing Empire. I'm trying getting some of the money out today. I WanNa thank you. Also because we need help now Indian tribes and can't wait for that litigation to end before from the and also governor Lewis also asked for a cap to be put on the amount anyone tribe receives and to allow tribes to have flexible guidance to keep their governments running. The Treasury. Department's plan is to begin allocating sixty percent of the eight billion this week. Two tribes the president of the Rosebud Sioux tribe in South Dakota declared an immediate lockdown of community Tuesday due to Cova Nineteen President Rodney Bordeaux and a social media message declared the lockdown of the Spring Creek community due to a high exposure of covert nineteen law enforcement will be monitoring roads and no one will be allowed inner out of Spring Creek. The message states lockdown is to protect the rest of the communities from the spread of cove nineteen the tribal assist people in need of food and supplies. No other information was shared. A number of tribes in South Dakota have taken emergency measures to address cove in nineteen including the Oglala Sioux tribe which issued a reservation white lockdown down and the Cheyenne River Sioux tribe monitoring borders among several of. Its emergency measures.
Grand Moon Landing Plans: NASA Awards Lunar Lander Contracts to Blue Origin and SpaceX
"From wonder. I'm David Brown. And this is business. Wars daily on this Wednesday may sixth ever since John F. Kennedy ask Congress to fund a mission to the Moon in nineteen sixty one presidents have been captivated by the dream of conquering the cosmos. I've believe that this nation should commit itself to achieving the goal before this decade is out of landing a man on the moon and returning him safely to the Earth. Why the Moon why Mars? Because it is humanity's destiny to strive to seek to find we will give NASA new focus and vision for future expiration. We will build new ships to carry man forward into the universe to gain a foothold on the moon and prepare for new journey to the world's beyond our own that of course was JFK followed by President. George H W Bush in nineteen eighty nine and his son. George W Bush in two thousand four. Both bushes attempted to chart new courses for America to return to the moon. But these initiatives failed other space exploration plans of struggled to is Congress. The American people grappled with conflicts over money and namely it became difficult for taxpayers to justify spending hundreds of billions of dollars in space instead of funding urgent needs here on Terra Firma as a result the last time in American set foot on the moon was was the Apollo Seventeen mission in nineteen seventy two now in twenty twenty. That conflict has risen once again. The White House wants to put the first woman and the next man on the moon by twenty twenty four. That's four years ahead of an earlier NASA plan. President trump ordered the speed up in two thousand seventeen to make the optimist moon landing program. Nasa needs a Lunar Lander a spaceship designed to ferry astronauts from Lunar Orbit to the Moon's surface and back again late last month NASA awarded three contracts to private companies to build just such a lander in total the space agency. Funded almost a billion dollars worth of design and development. One of those contracts went to a team led by Jeff bazars his company blue origin. That team was awarded the largest of the three contracts. Almost six hundred million dollars though. Use It to design a lander somewhat like the one used in the Apollo program. Elon Musk's spacex one. A one hundred thirty five million dollar contract to work on a gigantic reusable lander spacex his lander which reportedly can carry one. Hundred tons of cargo is based on. Its starship spacecraft. Eventually the starship is intended to transport people to Mars The New York Times reports. The third contract for two hundred fifty million dollars went to a team led by Huntsville Alabama Company dianetics. The three companies have ten months to develop their lunar landers new definition of a space race. Anyone at that point NASA will have a clear idea of which lender they'll choose one prominent company. They didn't make the cut. Boeing. Nasa didn't say why it declined to award Boeing contract according to the Guardian but in December test flight of its star liner spaceship failed. That test flight had no crew aboard but the star liner was built with the intention of transporting astronauts to the International Space Station sending astronauts to the moon by twenty twenty four. He is fraught with technical organizational and financial challenges. Perhaps the toughest one is the cost. Nasr's twenty twenty budget is more than twenty billion dollars in twenty twenty one. That budget will have to increase by three billion dollars to fund the Lunar Lander according to the Guardian NASA administrator. Jim Breitenstein Stein said the agency expects Congress to fund the Optimist Moon landing mission despite the economic toll the corona virus is taken on the American economy. It's
Neiman Marcus eyes Sunday bankruptcy filing, $600 million emergency funding
"A number of big retailers taking a good hard look at bankruptcy J. C. Penney in advanced talks now Neiman Marcus says it looks like it's going to file for bankruptcy on Sunday as it is just desperately seeking about six hundred million dollars in emergency funding so lot of big not as digitalisation be retailers kind of on the ropes right now you might say
"six hundred million dollars" Discussed on Newsradio 1200 WOAI
"Did you did you see the Instagram photo the David Geffen put out when is a good David Geffen has a six hundred million dollar yacht in these eight point five billion air DreamWorks Geffen music big time sold his house to Jeff Bezos out there for a hundred and sixty five money that whatever he instagrammed a photo of this yacht at sunset in the Caribbean in the grenadine islands any cabinet by saying peacefully escaping the virus I'm a columnist whose over Caribbean immigrant Indians and the reaction to it was so bad he had to take down his account and cancel the account because people thought it was insensitive and right but wouldn't you rather be there than where you are but then I got that what a rich Republican ever do that what a rich Republican ever sent a photo of where he was on the six hundred million dollar yacht basically saying look where I am and you want and there's not a rich Republican in the world I would do it I was fascinated cyber criminals they're all over the place and by the way I don't believe that that that maybe analog street crime is down because nothing's open but cyber criminals do not let this crisis go to waste for them this is a perfect time to create bogus online posts about the corona virus plant malware ransomware within your computer man if this is such a golden opportunity is scared the heck out of people with a well written a link designed to get you to click on it which then plants malware on your computer you might not know about for days or weeks and meanwhile.
"six hundred million dollars" Discussed on KTRH
"See the Instagram photo the David Geffen put out when is your good David Geffen has a six hundred million dollar yacht is eight point five billion air DreamWorks Geffen music big time the Saudis house the Jeff Bezos out there for a hundred and sixty five million that whatever he instagrammed a photo of this yacht at sunset in the Caribbean in the grenadine islands any cabinet my saying peacefully escaping the virus I'm a calm seas over Caribbean the morality and the reaction to it was so bad he had to take down his account and cancel the account because people thought it was insensitive and right but wouldn't you rather be there than where you are but then I got that what a rich Republican ever do that what a rich Republican ever sent a photo of where he was on the six hundred million dollar yacht basically saying look where I am and you aren't and there's not a rich Republican in the world I would do it I was fascinated cyber criminals they're all over the place and by the way I don't believe that that that maybe analog street crime is down because nothing's open by cyber criminals do not let this crisis go to waste for them this is a perfect time to create bogus online posts about the corona virus plant malware ransomware within your computer mandate this is such a golden opportunity is scared the heck out of people with a well written link designed to get you to click on it which of them plants malware on your computer you might not know about for days or weeks and meanwhile.
The Models' Bill of Rights
"We work together to Create the models bill of rights. This movement aims to enhance transparency for models in what to expect when doing business with their agencies. I believe this is something that's not taught to any model wasn't taught to me. That's for sure I had to learn things first hand and through trial and error. And I'm sort of out here trying to help models avoid making similar mistakes. The models bill of rights is started off as a document that help models read contracts understand how payments work basically understand their contractual obligations. But now it's extended to include safety in studios as well as it's become a hotline where models can reach out to myself or Federico and gain this awareness and help if they're in a predicament and I would say. Most models are in a financial predicament. And this is something. That isn't really talked about so I kind of I'm here to talk about that. Okay I know a while back. Maybe before. Industry model management was a thing. He kicked an agency out of pure fifty-nine he. He banned that agency from sending models fifty-nine studios for their mistreatment of the models. He's stood up for this a couple of times. Federico is very passionate about the safety of models and in fact. He really helped me when I was experiencing financial duress at with an agency Correct he abandoned agency that was not paying their models because in shooting at the studio That model would never receive that paycheck and he wanted to not just say something but do something and I believe. I admire how actionable Federico is and I've strived to be that way and the models bill of rights really is a call to action. It started as just awareness. And now we're trying to actually implement change and with other studios now in New York as well as agencies so there are some new laws in New York state. Where were you involved in in making sure those wind a place? I was not involved. I'm very happy about that. What I refer to when I say studio safety is that there are seventeen studios in New York. Only two of them are up to code major photo studio correct and up to code meaning in analogy I use. Would you walk into an elevator? If you knew it was out of service probably not But when you walk into like thirteen of these studios as a model. You don't know that it's not up to code and it's not up to code for a reason. Meaning there are some sort of hazard or there's some reason that the studio didn't want to be you know approved. They'd never applied to be functioning working space. So this actually shocked because that would expose them to a Department of Buildings Inspector Act and it's very expensive to be up to code. It's hundreds of thousands of dollars I personally know this because I come from my family. Business wherein manufacturing so we have chemicals in Leominster Massachusetts and in order for us to be functioning factory. We have to be up to code and it's very expensive and it's very arduous process but I understand how these things work so when I realized that I was actually shocked. That models are alike. Sent to these places that are dangerous and they might not even know what that means in terms of the result is if a mall were to get injured. She wouldn't be covered by insurance so if a light fell on her if she got burned that's on her right because if the building isn't incompliance they can't get insurance. Correct okay. So there's all these photography studios operating without valid insurance personal injury. Yes that's insane so if the knowledge is there why aren't they being reported to the building violations or whatever it is how? How are people afraid to report them? I I feel like these conversations. Are It's going to culminate to that? But we ran into this with the garment center. A lot of the buildings in the garments are out of compliance with the Building Code. And they're not allowed to To do major renovations to the building. They're not gonNA fall down but but they can't do anything because we've had this zoning issue with the Save the Garment Center and and preserving the garments which were losing very soon A legal fight was lost but Yeah you can have a perfectly functional building that just doesn't have sign off from the buildings which prevents them from doing major renovation. So you can really change the building right. You have to use the existing spaces and I believe that this is an imminent threat because the the market is shifting where advertisement is not so much still photo photos anymore but a lot of video and so you don't have that cold camera flash. You have moving pictures. Which is the same caliber. N- scale as a film set. It's just not treated as such in terms of the precautions that were taking and so the issue of like the lights being very hot or falling on. Someone are even more pertinent. Now because most people in the studios are shooting video. We're not just doing just straight photography anymore. Yeah and if you actually walk around. So for instance you'll see retail spaces that have instead of a photo on their storefront. It's a video when films are being shot. There's an ambulance outside. I've been on film sets. It's just it's it's treated with a lot of precaution. And this is not the case for a modeling set with comes from the motion picture unions and from the insurance requiring correct which is another thing that I have been sort of like baffled by. Is that a model does not have the same protections as an actress A model the rates are arbitrary It's non union when you're an actress. There's the screen actors guild there's certain rates depending on the caliber of the project and everything is like pretty straightforward as a model though the rate that's given to buy your agent is very arbitrary and in other element that bothers me is that that rate might not be the actual rate the client offered so so this is a transparency issue. Doesn't matter what angle you look at the Modeling Industry. It's just crooked and corrupt. I hate to say it. But it's the reality and one thing I noticed about the podcast is that you guys use are in business in the same sentence in sort of where are in business meet and I'm fascinated by that that synergy and I feel like that lacks so much in the modeling industry and just with my background's specifically I went to business school in Boston. I got my MBA at Babson. So when I came into the modeling industry while I had no experience as a model all I could hold onto was my business acumen so I started kind of folk holes of the industry and thinking almost treating it like a case study right like this industry is flawed and his modeling industry. Or is it. I mean it's part of other industries but is it an industry on itself professor. Yeah and that's an interesting point. You bring up because I actually watched an interview with Cindy Crawford and Kaya Gerber the other day for Vogue and Cindy was saying how when she was starting out doing catalog in Chicago. Modeling wasn't considered or seen as a real job right. We all know that this has changed significantly the other day. Kylie Jenner sold majority share of her cosmetics company for six hundred million dollars. She's now a billionaire model. Her sister Kendall gets a quarter million dollars per post on instagram. The the sisters their models. I mean this is a big business and I there promoters. Well yes but why I think I think Kendall is a model. She's a runway model. She's a model but she doesn't get paid for her face. She gets paid because their faces already famous. Now that's I mean that's part of why her face became famous. Was her modeling. Not Most of it and a lot of people have that issue with the whole nepotism and that's another whole thing with modeling and but the regardless of that is that there's just so many models nowadays. It's not like this. It's there's less mystery about it. There's a lot of agencies. There's a lot of models but there aren't the regulations in place needed to keep up with how this industry has grown I feel like it's behind and these conversations I think will force there to be some sort of actions
"six hundred million dollars" Discussed on NewsRadio 1020 KDKA
"Nearly six hundred million dollars a year in the state coffers representative Jake weekly of Pittsburgh has also proposed a marijuana bill Jody studio newsradio ten twenty Katie K. it's fifty seven degrees now at Pittsburgh International are AKC complete accu weather forecast is coming right up I really need ABC seven has your exclusive VIP seats and backstage. so we can survive concert Hamley slipped. marshmallow Becky G.. I witness news mornings at six thirty Monday looking for the secret code word ABC seven dot com and use it to register for your chance to win the more you watch the more chances you get ABC seven making a difference in the fight against cancer. hi I'm Jay Farner CEO of quicken loans thirty percent of Americans who are planning home improvements of five thousand dollars or more will pay for those renovations with a high interest credit card that may not be a great idea a better idea maybe to take cash out of your home with a quicken loans thirty year fixed rate mortgage the rate today in our thirty year fixed rate mortgage is three point nine nine percent APR four point zero eight percent call us today at eight hundred quicken or go to rocket mortgage dot com rates of exchange a one point two five percent the receive a discount rate off across the permission intelligence because when it wasn't up to six and one hundred thirty your home is about to contract it's been expanding all summer long from this crazy heat and when it gets cold again phone back it goes again Hey TJ back inside a pyramid roofing they understand first hand what happens to pipe boots and flashing and caulking on your roof when you have these weather extremes in Kansas city they understand it which is great so we don't have to the only thing you and I have to do is make sure that the roof remains in good shape when that's as simple as calling pyramid roofing to have them come out and do a roofing inspection.
"six hundred million dollars" Discussed on KNX 1070 NEWSRADIO
"One CBS news special report, a surprise announcement from the Justice department special counsel, Robert Muller. Make public statement in a half an hour from now. It'll be his first since releasing his report on the Russia investigation more than a month ago political correspondent, Ed O'Keefe. We do know he will speak for about eight minutes prepared statement, the Justice department says, at least for now that he does not intend to take questions. We'll see if that holds CBS Caitlin Huey burns. There is a lot of politics involved here, and we know that Robert Mueller is, is quiet. He's not engaged in this political fight, and this may be his way of having the last word on why he hasn't accepted invitations to appear before congress. What we've seen so far, is that it becomes a way for lawmakers to appear in front of cameras. Real hint to push their own opinions and their own agendas. No comment so far from the White House. CBS news special report. I'm Deborah Rodriguez. Seven thirty two continuing our in depth team coverage House Democrats are Connolly's. It's on the oversight committee till CNN. He thinks this is the wrong. Way from mount Muller to speak it kind of undermines the argument of, but I can't do it before congress. If you're finally going to break your silence after two years and issue, a statement, why wouldn't you come before congress and, and let the American people here, what you've got to say with respect to what that report means or does not mean, also on CNN, former federal prosecutor Sean woo. Who says he's not expecting what he calls firework all without. He's gonna say something very controversial given what the circumstances here. So it might be that the purpose of having him talk right now is to illuminate, some of that space that people may perceive as building up between him and the attorney general's. Now, the Washington Post is describing the same this morning as substantial and the last time the president said anything about Muller and his report was a few days ago in Tokyo, where he restated. No obstruction. No collusion. No, nothing. It's a beautiful report. Again, eight o'clock this morning for the mother statement, you'll hear it live here on KNX thirty-three minority students at the university of Laverne. Third being targeted because of their race. A woman says she was assaulted and disturb all on campus. What's happening as we go to the campus this morning here, gendered police didn't say what the threats were, but friends, interviewed by reporters said, one was sent by Email four or five days ago and threatened to rape and kill some women. The victim in this case said the suspect had a ski mask on an acquaintance of the woman who was attacked says it sounded pretty scary to her attack itself. So I know she had a block a bag paste over her head and then she was groped pushed around the head or head bangs against the railing. She tells me the victim was very outspoken about diversity and against prejudice and thinks that other minority students in particular are worried about this. They, we just don't know what could happen next and I walked alone night, each state to get to my place. So like I'm now hyper aware of what, what happened like it could happen to me, the university says it's working with Laverne police on this, we've reached out to the police about their investigation. Reporting live. John Baird KNX ten seventy NewsRadio. Magic fires back on the latest Lakers allegations here skate extent. Seventies, Randy do you just happen to be there to talk about the NBA finals, they're being ESPN skeptic in me saying, ESPN dot com story popped up discussing even more dysfunction about the Lakers so Johnson could then go on the four letter and defend all that, that's the skeptic in me. But let's get back to the reality. He changes he charges. He abuse the charges he abused employee's. He said, we're not true. He then discusses some old business about him in rob Pelinka and is not being in the Lakers offices as often as some would want we work well together. But the little thing that was going on behind the scene that bothered me and last, but not least lazy. I have built a six hundred million dollar business. You cannot be lazy going from playing basketball and winning five championships. So I wasn't lazy as a player and I'm not lazy as a CEO in business owner Johnson also says he never abused any Lakers, employees, Randy Canucks ten seventy NewsRadio seven thirty five at KNX accident..
"six hundred million dollars" Discussed on 860AM The Answer
"Aid Bill, Erica, Werner, and Jeff Stein. Tell the story at the Washington Post victims of hurricanes wildfires, flooding and other natural disasters. We're looking at this Bill to pass it would have provided thirteen point four five billion dollars in relief. But Senate Democrats killed it. They contended that the six hundred million dollars included for Puerto Rico's food stamp program was inadequate to meet US. Territories need is attempt to recover from hurricane Maria. The Democrats wanted to house pass relief Bill that contained hundreds of millions of dollars more for Puerto Rico than the GOP version, but it too failed to advance. The GOP Bill was voted forty four in favor forty-nine against the Democrat Bill failed forty six to forty eight. You need sixty votes for either of them to pass. Ahead of the vote. Republicans accused Democrats holding up much needed aid for victims of flooding in the midwest tornados in the south volcanic eruptions in a why so that they could use Puerto Rico as a political issue against the president there. Absolutely. Right. President Trump weighed in on Twitter earlier Monday and supported the legislation which was written in part by Senator David Purdue is a great Senator from Georgia Democrat should start. Well, let me read you all the tweets these came about nine hours ago in eight hours ago. The Democrats today kill the Bill that would have provided great relief to farmers and yet more money to Puerto Rico, despite the fact that Puerto Rico has already been scheduled received more hurricane relief than any place in history. The people of Puerto Rico are great but the president, but the politicians are incompetent or.
"six hundred million dollars" Discussed on KQED Radio
"Phone was working for Utah. Decides the group that helped pass proposition three last November Utah voters hoped that after six years of talking about Medicaid expansion. It was finally done. They approved it by fifty three percent. But when the legislative session began last week the issue erupted again Republicans dominate in Utah, and they want to scale back the Medicaid expansion some say repeal it for this sex. It's very clear about what we wanted Andrew Roberts with Utah. Decides inside the capitol. His group says with full Medicaid expansion one hundred and fifty thousand uninsured residents. Could finally get coverage. We are frustrated, and I think the same thing is happening in Idaho voters passed Medicaid expansion last November. And now, they're lawmakers are also trying to roll it. Back state Senator Alan christianson, a Republican is leading the rollback effort in Utah. He says his Bill would still expand, Medicaid, but would cap the number of patients who would qualify. He claims that what the voters originally passed in November would bust the state's budget. They wanted Medicaid expansion, and that's what we're doing. They didn't fill in the proper blanks. We are filling in those blanks for them. They are not obligated to balance the budget. We are Christensen's Bill says instead of making around sixteen thousand dollars per year to qualify, you could make at most twelve thousand and it would add work requirements from the. Perspective of voters. I think voters have a right to be furious right now, that's manslaughter. He leads the Utah health policy project a group that supported expansion. He says changing proposition three would mean fewer people get health coverage and the state would get less money from the federal government, not only that it could make voters disillusioned why would voters ever want to pursue ballot initiatives and director mock recy- if the legislature just going to repeal it, anyway, no one claims that Medicaid doesn't cost money. That's why the Utah ballot. Question included, a new sales tax increase to pay for it and supporters point to the fiscal experience of other states, economists brace ward studied, what happened after Montana expanded Medicaid in two thousand sixteen word says the Medicaid expansion brought in about six hundred million dollars in new funds for Montana each year, and that money rippled through the state supporting about six thousand additional jobs, you should think of of Medicaid expansion is no different than if you said, oh, hey somebody's gonna. Opened a factory, right? And that factory is going to bring in the case of Montana. Six hundred million dollars of outside money into the state that we're gonna pay to workers here. So far, Utah makers remain unconvinced by studies like wards the Bill to restrict Medicaid is moving fast and could reach the governor's death as.
"six hundred million dollars" Discussed on Chapo Trap House
"There's no nurse there to help you. We have about over nine hundred students per counselor in we're talking about students that need guidance to be able to go to college in plan their future. And we're talking about woefully low numbers of school psychologists for students that in many, you know, lots of our stew. Dealing with trauma. We have students that are facing fear of immigration raids in their homes. You know, we don't have anywhere near the level of supports that our students need. So those are two of the big ones. Other other things that we have been fighting for as well that we've been able to bring into this discussion is a community schools fight for community wills as the charter schools have grown grown in take it away services. Really because they're taking over six hundred million dollars a year from her school district. We are supporting a plan for community schools. These are schools where they're wrap around services where the community is involved in its planning and deciding how they want run that school and a back in two thousand seventeen the board actually approved a past. Ocean or community schools, but they have not invested in this in this motion was passed through the work of the reclaim our schools sandals, which is a community group of students parents teachers that is together, and but they have not invested in these community school. So we're fighting for the for more invest for investment in this as in turn it to charter schools. We're also fighting for an end to random searches of our students. We are a Elliot's d is one of the four percent of school districts in a country that conduct random searches and our students have asked at we include this in our demands, and we see this as a racial Justice issue because the students get randomly searched are mostly African American in the nose. So we wanna make sure that this. This practice is a is done with in our district and instead to implement other things that do support school safety like psychiatric social workers that can encounter that can support students social emotional needs. You mentioned reclaim our schools LA in something that's interesting to me having read about the strike is is the involvement of these grassroots organizations like reclaim one. I read about students deserve. How are these organizations involved in the strike? So reclaim our schools students students deserve as a member. Reclaim our schools. They have been drain the strike. They have been working with other groups to stage different types of actions. Just this past week. They organized a protest. They wanted to deliver a letter to Monica Garcia who is one of the billionaire. Backboard members who was a strong supporter of of sin. In future. She is also the president of the school board and represents the east area. So they organized students parents and community members to deliver a letter to Monica Garcia, obviously, Monica Garcia, did not open her doors barely she was not there. They also of aged a vigil at Austin Buehler's home. And again in the past deserve attended a fundraiser where Austin buehner was attending in. It was the plate. I think was cheapest ticket was about three hundred dollars per percent went up to over a thousand dollars. And he attended this fundraiser students attended that fundraiser is well and attempted to speak to Austin beat ner about their demands demands for community schools for an end to random searches for fully staff schools and again, Austin Putin walked away. From them and did not speak to them. So the students have been attending school board meetings demanding that the school district again of fund community schools and random searches and the district refuses to hear them. So they are now working on a organizing a student strike not necessarily a strike to support students only teachers only, but he strike for their demands. These are their demands. So they are working on that. And we'll see what happens. Yeah. I mean, the organizing by these high school students is incredibly inspiring. And folks should definitely check out their Facebook page in follow them another action. They did this past week was a student block party in front of the school board where they had an art workshop a dance workshop made their own signs MNA they tried to actually demand that Butin her come meet with them about..
"six hundred million dollars" Discussed on MyTalk 107.1
"Start finally saw bohemian rhapsody Joya visit everything everyone says it is everything. I don't know what those critics were are talking about who said it wasn't any good Casey didn't want to go. But luckily there is no Viking game tonight. And he couldn't think of an excuse, and I gave him an offer. He couldn't refuse. After the movie was over. He said, I'm so glad you talked me into that movie. It was fantastic. It just you guys reason why it is it just broke a big box office record this weekend. Because it's in it's six week. And it's like outperforming like, you know, a superhero movies like it's over six hundred million dollars and Rami Malik is everything over Bradley Cooper. If I'm just putting those two actors up side-by-side for for best actor, it is ramming Malik all the way because he is Freddie Mercury. It was just I cannot wait. And so the music just makes you gleeful happy. I saw two good movies as well. Actually, sat three I said dumpling, which just made me so happy. We we're gonna talk about that a little bit later saw hallmark movie with your aunt Marlene with start to finish the one with. Winnie from. Yes. With Fred, savage, whatever that TV show. Learn what were they he plays like the housekeeper and the the sign on St. every already plants a good one. That was a real bummer. Yeah. And then bohemian rhapsody, but it was what was so fun. I guess about bohemian rhapsody too. Was that I forgot how how much like like as soon as Queen hit like in nineteen seventy six when whenever that first song was I mean, we're everyone just that we will rock you. What was their first song? What was it? We will downing. I remember in nineteen seventy five when I was DJ so-called killer Queen. Yes. Yeah..
"six hundred million dollars" Discussed on The Big 98
"Welcome to Thursday show. So much talk about today. Let me bring in all my friends who we've been friends for a double digits of years as a matter of fact started the show, and it was just me. And I was like I just like to bring him a friends no radio people, which possibly is why we don't sound like a good radio show. Hopefully, we dislike group people that you're hanging out with the talk like you. So let me say all my friends in the studio. First of all. Hey, everybody out there listening right now. Thank you for listening. However, you're listening live early in the morning or podcast later. Appreciate that. Amy. I was reading the story. And I thought about you because it's about Tyler Perry. Oh, yeah. He's one of my favorites media. Yeah. He's retiring. Medea next year. What's? Yeah. Why would he do that? He is retiring his media character. He's doing one final movie with our called a Medea family funeral and then a stage tour in an interview we said, this is it it's time for me to kill her. I'm tired. I don't wanna play anymore. I mean, I see how it's taxing on him. Probably. What do you like about Madisha while my mom loved media? So that's what I I mean. I just memory watching them with her and she would go. She goes Hallelujah. Her. Hallelujah. So remind you of your mom. Yes. And my mom, I think when my mom was going through Hanser Stephens, sometimes we would be bored or like, you know, have to sit around. I think we watch like every media movie. Really? Yeah. And so that's probably what is that connection. So yeah, that's something. I'll always watch. I can't wait till I need to watch some of those with my kids. I guess they are ready. I was gonna say I can't wait to my kids are ready to watch that. But I think they would like it fun fact about Tyler Perry a net worth of six hundred million dollars Levi. He writes directs and produces all of his movies and almost entirely independently. So he doesn't need someone else's money. He never did. He did him. So low budget did stage shows built up small independent movies, and now they're huge. But he finances them all himself and makes more money. Crazy smart. Yeah. Oh, by the way. We've gotta get show for you today. Welcome welcome. Welcome wants something. We're talk about later is Amy and her husband law fight because he wants to wear something. She thinks makes him look way too old. So we'll get to that. By the way, I will be in Greensboro, North Carolina on Friday, November thirtieth my red hoodie comedy toward the very last weekend of it all and I have a lot of dancing with the stars jokes. Hopefully, Friday, November thirtieth Greensboro, North Carolina could've Bobby bones comedy dot com. And let us start the show. Now, Lou combs..
"six hundred million dollars" Discussed on KGO 810
"Possible lottery number. For six hundred million dollars. Jackpots. What nine hundred million? There you go. So the only reason to count on somebody else didn't win or lose money. Oh, my. The only winning ticket. It's a pretty good strategy. But if you don't then. Wow. Wow. Wow. Well, it's to come up with six hundred million dollars. There's angel investors. I can do that. I just got a pitch. On the no the lottery is really hard to win. It's very unlikely anyone else is to win this. So that's that's where it might negotiations hand. Wow. So you would be risking all that money on the proposition that nobody wins this usually. Yeah. One in a zillion shot. But I've covered all the number. Right. I am going to win. But we'll somebody else. No, surely, not no nobody ever win. What are the odds of that justification for winning the lottery when you think you've just made it three hundred million dollar profit until some old woman who bought her ticket names, exactly? You have lost three hundred. Let's get to the news now with Marshall Phillips. Well, Justice department has launched an investigation a child sex abuse within Pennsylvania's Roman Catholic church sending subpoenas to diocese across the state demanding private files and records to explore the possibility that priests and bishops violated federal law in cases that go back decades. It's being reported. The authorities issued the subpoenas to look into possible violations of the federal racketeering influence and corrupt organizations act otherwise known as the Rico act, right? This is so obvious in retrospect, I don't know how I didn't think of it. You don't need to be a quote unquote criminal enterprise, if you're an enterprise involved in criminality the Rico statute of lies. They're gonna come after you. Yep. Yep. Often used break-up organized crime syndicates. Now, they're saying the investigations into thoroughly stages could take years, but it is now being launched also is reading about how they're going to. To use a lot of opportunities with.
"six hundred million dollars" Discussed on KIRO Radio 97.3 FM
"Radio news room And streaming on the KIRO radio app an eighteen year old woman has been charged with reckless endangerment for pushing a friend. Off a bridge and into a river near Vancouver Washington never intended to her ever Taylor Smith told ABC's. Good Morning America I just pray that she, heals, and, gets better sixteen year old Jordan Holger Sohn suffered broken ribs and other injuries when she fell sixty, feet and hit the. Water a sixteen year old. Berry and boy is expected to. Face charges of first degree manslaughter as an adult when he's arraigned next week police say he. Was playing with a gun when it went off killing. His fourteen year old friend. The families of both boys were. In court yesterday Tragic Best friends girl whose lives to rabid bats were found this week in. Auburn dapper brings the total this year to thirty one. Statewide it's. Unusual, typically we generally are going to have just one. Bat that's, positive but definitely in the last couple of, years it has increased in county. Up you Miala just. IRO. Seven it's unclear exactly why rabies is fatal but. Treatable if you get shots before the symptoms, show our state is supposed to use money from a big tobacco settlement on efforts to stop. Cancer but the American Cancer Society is giving Washington of failing grade received over six hundred million dollars each. Year not one penny of that is going towards. Production it's just all going to the general, fund but the society's Mary Mikhail. There she, says the money, showed for, instance be used to help schools, stem the spread of e, cigarettes Alison, James is coming back to his hometown to, play at the top of the. Space needle the quartet will. Be the first band to perform on the space. Needles brand new revolving glass floor the Seattle. Grunge band will perform Tuesday August twenty first a look at your forecast some smoke will come. Back into the atmosphere of western Washington by Sunday but high temperatures tomorrow close to eighty degrees after morning. Lows in the fifty s I'm KIRO seven chief. Meteorologist Morgan Palmer it's seventy three degrees in, downtown Seattle I'm their boss from..
"six hundred million dollars" Discussed on WNYC 93.9 FM
"Proposing a three percent surcharge to take advantage of the windfall profits that corporations are getting from federal tax reform which slashes the corporate tax rate from 35 percent to twenty one percent sweeney told nj tv news the tax surcharge would go towards funding schools i'm looking at it to find it on the on the backs of the portion of on the backs of corporations multimillion dollar if not billion are corporations have done nothing to earn this tax break that they've been given sweeney says his plan would generate more than six hundred million dollars a year and the governor supports it it's morning edition from npr news i'm rachel martin and i'm steve inskeep adult film actress stephanie clifford also known as stormy daniels is suing the president of the united states the complaint alleges that president trump's lawyer michael cohen used intimidation and coercive tactics to make clifford sign a statement denying that she had a sexual encounter with trump in two thousand six part of the story of course is a one hundred thirty thousand dollar payment that the lawyer says he made two stormy daniels in exchange for her silence we're not joined by michael roth fell one of the wall street journal reporters who first revealed that payment good morning sir good morning what is that what is the point of this lawsuit the point is that stephanie clifford the corn actress who goes by storming tangles is trying to get out of the contract she sign not serbia the talk about her allocation of having an affair with president trump and what is the basis under which she would get out of that contract well a few things she citing she says president trump never signed the agreement in that he was supposed to he was listed as david denison a pseudonym in the agreement and there was a place for him to sign it but he did not she says he didn't sign up because he wanted to later able to disavow any knowledge of the equipment if anyone found out about it which obviously we did and secondly she says that michael cohen the president's attorney in last month gave a statement where he acknowledged the existence of the.
"six hundred million dollars" Discussed on Newsradio 950 WWJ
"And he six dovey wjr news time 503 why are the roads why are the pothole so bad in michigan this year oh i do think there's and confidence and emdad a michigan lawmaker who is a former m dot roadworker for ten years says the potholes are so bad in michigan that the head of the michigan department of transportation should be fired and the budget audit in my opinion i think he should have been gone a long time ago whoever is going to be the next governor is going to have to bring in somebody that's going to do the job pinch the pettis and get them money on ruled surface at state representative scott diane i think the roads in michigan our justin horrible shape and transportation right now we're spread a four point three billion dollars we've just authorized another one hundred seventy five million dollars worth it expenditures for the roads we can keep continuing to put more and more money in it and we don't see any better results we need some new management the department of transportation is i really truly believed that were not focusing on what needs to be done the roads and bridges are the first priority and we start looking at anything other than that that's got to be after those roads are fixed the maintenance has to be a priority or never going to catch up because we're never going to have the amount of money to just go and repave everything in michigan emdad has said pavement is breaking down because of years of underinvestment in the roads we place numerous calls and messages into an dot and they refused to be interviewed for the story about other state lawmakers what are they saying about the roads slow spring in live wwe jays charlie lichen for that part of the storage without amaury tom representative fred duran all he's a democrat from detroit he says there is money coming from a road tax in two thousand fifteen but it's not helping 2015 roles plan was i voted against by the way was a bad plan because he kick the camp further down the road a wasn't supposed to take place of 2021 a six hundred million dollars post come in and folks are pampore four right now.
"six hundred million dollars" Discussed on KOA 850 AM
"Are going after your health care that's friday on this morning america's first news starting tomorrow morning at three after coast to coast am on koa newsradio for what it's worth i'm michelle franzen if santa didn't bring you everything on your list there's still time to cash in and try out your luck with not one but two lotteries boasting a combined jackpot more than six hundred million dollars and growing noone held power balls winning numbers in wednesday's draw at jackpot rolling over to three hundred eighty four million crushing the hopes of many like adolfo escobar who bought a ticket money so what israel might get lucky makes for money that after mega millions also failed to turn up a winner tuesday night for a jackpot over three hundred million despite the double chances of winning big some say those sit it out it's not a gun rumor expensive to play at king two daughters i don't play um he flicking for some enough time i think if it is are a thing the next mega millions drawing as friday powerball saturday which means you have a chance to strike it rich heading into the new year for what it's worth michelle franzen abc news koa newsradio time is nine fifty coming up on colorado's morning news why metabolic flexibility could be the key to keeping your new year's resolution we're going to check it live with the folks at see you bolder sports medicine center right after traffic and weather together every ten minutes on the tens with rick morgan overall or drive still in great shape form a west side do have a couple of issues the deal with still slow slowing westbound c 470 earlier crash approaching and i seventy cleared out of the way but it's slow pretty every they're just west of alameda get up toward i 70 than you're in good shape book you're jumping on eastbound i seventy you're going to have some more slowdowns goes there do as a bridge work at denver west it's down two lanes there and that's back and things up uh to uh six th avenue at the moment in the high country still have those delays on westbound i 70 from the top floyd hill.
"six hundred million dollars" Discussed on KQED Radio
"The money generated here goes into something called the permanent university fund which will call the oil fund it's worth twenty billion dollars today and a uta system gets most of it it's the reason you t has the biggest public university endowment in the world the money's supposed to last for generations so you can't spend it all at once but each year the oil fund generates six hundred million dollars for the eu t system that's about as much as all 50000 houtte austin students spend on tuition each year so again why is the houtte system raising tuition it turns out it's a question people are asking about colleges all over the country at the hearing will come to order welcome to the ways means oversight subcommittee hearing entitled back to school a review of taxexempt college and university endowments for two hours last year members of congress and experts talked about private colleges with huge its hopping the lists or schools with endowments over 20 billion dollars harvard yale princeton in stamford and the fact that they get to invest all this money taxfree you have suggested is while here solutions there should be tax yes only large downs the trump administration has a plan to do just that tax private college endowments at one point four percent he actually talked about it at a campaign rally last year around the same time is that congressional hearing i'm going to work with congress to make sure gathered universities want access to all of these special federal tax breaks that they are going to make good faith efforts to reduce the cost of college spent their endowment on their students rather than other things that don't matter here's the thing though college endowments are for the most part a black box the colleges don't have to tell us how they spend this money but the university of texas system happens to be a public institution with a huge endowment so we could dig through public records to figure out how it spends all that money which is exactly what matthew and i did it turns out have the money goes to the flagship campus an awesome a chunk of it also goes to building labs in classrooms of the other eu t campuses but a lot of it goes to things like the quantum leaps you heard about him.
"six hundred million dollars" Discussed on WAFS Biz 1190
"I mean russia investigation about trump and his family about their dealings with moisture faith which is a sherman you there are the lender who finance major real estate projects for the trump organization over the last 20 30 years three hundred million dollars trump a supposedly a oaths to do what your bank on properties in that sounds like a ton of money always got all that debt but hale one building could be worth five six hundred million dollars literally i mean trump tower i don't know what it's worth but it's over its it's well into the hundreds of millions of dollars so you know you could over fifty million on that fifty million over here on buildings worth a quarter billion dollars that's not a lot of money if you think about it in terms of leverage and the revenue those those assets are earning now the bank has rejected a request by house democrats on this this is jet this just shows you the house democrats asked for it now muller asked ford and deutsche bank says they'll they'll cooperate but this is the kind of thing what next are you going to do a cavity search to see you know what what what's inside his colon in a colon asta me see what he ate maybe maybe you can prove he was actually doing what they said he was doing in that russian dossier and this is out of hand there is another point i always make when deutsche bank comes up in the news about this kind of stuff because our deutsche it sounds very foreign ray i it is not a stretch to say that almost everyone listening to this show and most every american that's had a mortgage over the last two or three decades has either came very very close the door at your bank or has had that mortgage underwritten and backed by them you may not know that at home mortgage was almost entirely.
"six hundred million dollars" Discussed on KOMO
"To keyarena or a new six hundred million dollar arena in soto next month the seattle city council receives a memo of understanding from the oath view group outlining the key arena renovation but chris hanson pseudo arena group hasn't been idle and wec president gerald anchors should map out it was incredible you need that there has a team came down from our commitment met with us and talk about the knees that they need in order to make sure that we secure those jobs consul members meantime are looking at a number of factors on the key arena project first and foremost transportation councilmember sally bagshaw this is a regional asset more people are going to be coming so we must address the congestion the council select committee on arenas meets again september 18th pete combs komo news us congress member who's district in kluge the naval in submarine bases of kits have county hopes aggressive diplomacy will spare his constituents from armed conflict with north korea come us corwin haeck has more representative derek kilmer sixth congressional district spans the bremerton shipyards and the nuclear submarine base at bangar he's anxious to ensure none of the personnel there are call two active duty in the western pacific food situation in north korea is incredibly by incendiary m complex i'm increasingly of the belief that those sorts of situations don't win themselves to policymaking by one hundred forty characters on twitter that reference to president trump's social media habits leads to thaw lots about how the us could open up its entire foreign policy toolbox through diplomacy and through engaging those throughout that region so the north korea doesn't present a threat either to western washington nor frankly youtube japan and south korea either the key to that effort is china the one nation kilmer says has enough influence to try to bring north korea to the table and have some semblance of phased denuclearization corwin haeck komo news one week to go until the eclipse sank come us charlie harger tells us that there's so much excitement about that just after ten monday morning it's time for the.