35 Burst results for "Sixteen Billion Dollars"

Questions continue on $16B back bay flood plan in NJ

AP News Radio

00:51 sec | 2 months ago

Questions continue on $16B back bay flood plan in NJ

"One of the most ambitious and expensive flood control projects in any US state could eventually change the way the Jersey Shore looks and operates during a storm the back bays of the Jersey Shore hit hard by flooding during superstorm sandy but a proposed sixteen billion dollar plan to address flooding is raising concerns the proposal calls for construction of huge gates across the miles of three inlets in New Jersey that could be slam shot when a major storm approaches officials with the US army corps of engineers held an online hearing Monday night they said the plan could prevent one point six billion dollars with the storm damage every year when fully constructed but officials didn't have detailed answers on some concerns including where the water would go during storms and the impact it might have on the environment participants asked what would happen to the water levels near the structures there's no guarantee of funding for the massive project which would run from Neptune in Monmouth County all the way to the state southern tip in Cape May New Jersey I'm Jennifer king

Jersey Shore Us Army Corps Of Engineers New Jersey United States Monmouth County Cape May Jennifer King
Choose Love, Not Fear in the Workplace With Gary Heil

The Psychology Podcast

02:27 min | 3 months ago

Choose Love, Not Fear in the Workplace With Gary Heil

"Some people might wonder what the heck does law have to do with building great teams right question before like take really gary really and then and then i read this really cool book. Called transcendence that scott coffin. You know that. I wasn't as far off the mainstream as island so i went out actually not looking for the app i went out and i started interviewing ended as five hundred introduce with leaders trying to create change trying to figure out why everybody talked a better game than they played. You know. everybody's got the language everybody's heard the speeches. They've read the self help books. They just weren't making many changes we spent about. What sixteen billion dollars a year. Trying to create better leaders. Were not much better off than we were two decades ago. What i wanted to know why. And so we went and interviewing leaders trying to figure out why methodology aside we found a couple of things we were not surprised but one of the about but one of the things i was really surprised about is every time we found a great a really good team not one that just one games or made huge profits but sustained itself over generations. We found leaders and teams. That had a fundamentally different relationship. And i didn't really wanna find that. But i'd sit there and walk in and you can feel the energy when you walk through the door. We go what is this. And finally this crazy football coach in south carolina and dabo sweeney. Us is is talking to us about love. And i think he's a little crazy. He break before the national championship visas. We're going to win because we we love each other and you're like okay and you start to think about it but it reminded me of what guiding yawn carlson who is the leader managing director of esus the scandinavian system airline years ago. He said the first choice. Every leader needs the baker's. Choose love or choose fear. I thought i got it thirty years ago. I get davos talking to me. And i'm starting to get it going. Is that what i'm seeing. Here is a culture where people really cared deeply for each other more than they do just about money. Make no mistake. Data cares about wedding so carlson running airline of the year. But there's something deeper about the way people

Scott Coffin Dabo Sweeney Gary Esus South Carolina Carlson Football United States
"Not Your Mother’s Tiffany" Campaign Sparks Backlash

Pop Fashion

02:27 min | 3 months ago

"Not Your Mother’s Tiffany" Campaign Sparks Backlash

"And company has a new marketing campaign. Just about everyone hates it so in this campaign which is online and it's on posters. There is pictured some variety of a young woman looking real cash wearing a piece of tiffany jewelry. She's wearing like high wasted jeans a tank top kind of thing and the big black taxed just says not. Your mother's tiffany. This is the first big campaign since. Lvmh bought tiffany's last year for remember it. Sixteen billion dollars. Then the pandemic and people weren't exactly buying jewelry which was not a good luck for tiffany. The rams of laying low and now that we are emerging from the pandemic fingers crossed. It is clear to just about everyone in the jewelry and luxury markets that tiffany is sort of olden dusty and could use new energy. They just recently pulled this trick where they made everything yellow including their bosses. They were disliked throwing off the norm. We didn't even talk about that but it did a yellow campaign yes and they try that at the same time. It's also becoming clear that gen z. Is ready to spend money but they are very particular about where they're spending money. You have this campaign that seems to be targeting gen z. Or a very young millennial but at the same time you are discounting you meaning tiffany. Tiffany is discounting their core market. Which is women are at the very least millennial age if not older right discounting completely forgetting that they spend money with you. They don't seem to want to be told that the brand isn't for them anymore. So social media hates it analysts and branding experts hater. I hate it. I think it feels cheap and to like some up. How cheap this is. I really liked this quote from marketing brew. They had a bit from katie. Keating who is founding partner and co chief creative officer at an ad agency called fancy. And here's what she had to say boy. Do i have a lot of feelings about this campaign. None of them good. It's too easy. It's been done plenty of times in one version or another to say desperately. We're not old fashioned. No really. we're not it's like they're apologizing for the previous one hundred eighty four years. Yeah and then. There's the issue of tossing one generation away in favor of another not cool especially when that other generation has been loyal customers for

Tiffany Lvmh Rams Keating Katie
Microsoft Bulks Up With $16 Billion Deal for Nuance Communications

WSJ Tech News Briefing

01:13 min | 8 months ago

Microsoft Bulks Up With $16 Billion Deal for Nuance Communications

"Microsoft agreed to acquire the speech recognition company nuance communications for sixteen billion dollars. Nuance was a pioneer in speech recognition and artificial intelligence technology it software formed the basis for apple's siri voice assistant before apple switched to an house. Version the deal is microsoft second largest acquisition under ceo. Saw tina dowa after it bought linked in for twenty six billion dollars in two thousand sixteen. An our reporter. Aaron says it's actually part of microsoft's push into healthcare nuance has a lot of different types of users but one big growth area for the company is healthcare. This is a big area where sort of clinical documentation can be done using nuances technology. So it can go to a doctor's office dr can speak to nuance and nuance will be able to understand and interpret their doctor lingo their healthcare lingo and it's very specialized in that way and so that is a very key area of growth from microsoft in its cloud and it's just a huge area for just technology consumption. In general as as a lot of healthcare moves to more digital cloud kind of

Microsoft Tina Dowa Nuance Communications Apple Nuance Aaron
Microsoft buying speech recognition firm Nuance in $16B deal

Marketplace Morning Report with David Brancaccio

00:25 sec | 8 months ago

Microsoft buying speech recognition firm Nuance in $16B deal

"On accelerated growth. Bush apparently is buying the speech. Recognition company called nuance in a deal worth sixteen billion dollars. The news is that microsoft. Pay fifty six dollars per share microsoft's acquisition of nuance comes after the companies formed a partnership back in two thousand nineteen the transaction closed this year. I tried reading that into siri for voice recognition got it perfectly even nuance messing. Only the capital letter.

Microsoft Bush
South Africa halts AstraZeneca vaccine rollout

The Economist: The Intelligence

07:57 min | 10 months ago

South Africa halts AstraZeneca vaccine rollout

"South africa has halted its rollout of the oxford astrazeneca vaccine just a week after the country received. Its first million doses. It seems the vaccine offers limited protection against a new variant of the corona virus. That's now dominant in the country. Salim abdul karim co-chair of south africa's ministerial advisory committee on covid nineteen spoke to a world health organization briefing yesterday. We don't want to end up with a situation where we vaccinated million people too. Many people would have vaccine that may not be effective in preventing hospitalization and severe disease in total more than one point. Two billion corona virus doses have been allocated for the continent. But it's not clear when all those jobs will arrive. The longer any region remains unvaccinated. The greater the chance that more variants arise vaccines though can be tweaked in a formulation of the oxford vaccine targeted at the south african variant could be going into arms by autumn. What scientists cannot address is the long run damage to africa both in human and economic terms so far continent to have been spared from the worst case scenarios predicted early on in the pandemic but the longer term picture remains bleak many ways the impact of the pandemic and africa is worse than it appears on the surface around the official numbers. Kenley salmon is one of our africa correspondent based in dakar. It is the case that having a young population has to some extent protected the continent from the virus africans and died from it that americans europeans but the true scott of infection. Death is really hard to gauge. Studying sudan recently showed the perhaps only two percent of all the covid desk for a quoted in the official tally and the economic impact is worse than it looks last year. The region's economy shrank for the first time. In twenty five years tourism has been badly hit as have commodity exporters things like oil in nigeria and taken together. Gdp per capita fell below twenty ten levels last year so things are perhaps not quite as bad as some other parts the world but certainly still very tough and things may get tougher house. What are the particular challenges to africa. Africa faces quite a number of challenges in the next few years as it tries to recover from the pandemic but the biggest i of the really is vaccines. Some african governments have perhaps failed to grasp the urgency of the situation in tanzania for example the populace president john food even casually cast out with a vaccine work but i do forgive aside claiming the postman precautions such as steaming nation were better than vaccines and even added that if the white man was able to come up with next nations then. Vaccinations for aids. Malaria and cancer would have already been found. So it's not so much a question than of supply. I mean given that quite a few vaccines have been essentially booked at the stage. A number of vaccines have been booked but the big question is when will they arrive because right now there aren't anywhere near the number of axes required forever on in the world and rich countries are of course the front of the queue for those vaccines have been produced africa's going to need perhaps two point six billion doses to vaccinate everyone and those are not being made locally so they have to rely on supplies elsewhere for the moment so that means joining the queue. All this means that whereas rich countries aim to vaccinate most of their people by the middle of this year the african. cdc a public health. Bali in africa's aiming for sixty percent of africans to vaccinated by the end of next year. But even that may be too optimistic. For the poorest countries. The economist intelligence unit sister organization estimates that in most african countries most people will not be inoculated until mid twenty twenty three or even early twenty twenty four and there must be serious consequences of it being that long until the continent is on average vaccinated. Africa is likely. It doesn't get those vaccinations into suffer. Further waves of the infection while after the disease may have amped in the rich world. And that of course will cause more death and more suffering. Doesn't risk that. Having the virus transmitting between people frequently africa could allow new variance to evolve. We've already got the south. African variant and these new variants could endanger people even in rich countries if they prove to be resistant to vaccines and then finally of course not having vaccines could force. African policymakers to continue with these very difficult economic lockdowns curfews even after many other countries around the world set free of those kinds of restrictions and if the public health concern lasts that long then surely the economic concerns will last at least that long. That's right in many african countries facing pretty severe crises at the moment just getting finance to pay their bills. Africa has very limited fiscal space on average countries in sub saharan africa. Spending more than thirty cents on every dollar. They raise and text revenue paying their debts. And that's up from twenty cents on the dollar before the pandemic on the debt side to over half of low income sub saharan african countries are now classed as in distress or at high risk of distress. According to the imf and what about countries with bigger economies the two biggest economies in africa nigeria and south ever both in pretty deep trouble nigeria for example was described by the world. Bank is being an unprecedented crisis. Recently the bank is not normally quite so blunt in nigeria. There has been a legacy of management for a number of years and pandemics really accessible that quite badly. Now focused suggested by twenty twenty three. Gdp per capita may go back as low as it was in one thousand nine hundred eighty time when the oil price was some high on so africa too is in trouble that have been in recession twice in the last three years before the pandemic hit of course now is dribbling itself with a particularly heavy toll from the pandemic so both countries in fact are facing a difficult road out of the crisis. And what about outside help in terms of financing has been quite a bit of outside help although the crisis of course is very big but in twenty twenty the imf for example provided sixteen billion dollars in loans most of that came with relatively few strings attached and this help frigging countries to respond to the pandemic to avoid some of the liquidity crises that were looming the world bank also dispersed another ten billion but many countries got that funding to if the imf under emergency allocations that came quickly and relatively easily and those allocations for many countries will soon be exhausted. The rich world has been trying to help when it comes to debt. They've provided liquidity to countries through some bits of suspension initiative that basically allows poor countries to put off debt repayments until july. Twenty twenty one. This is of course helpful but the trouble is that those payments just suspended and they have to be paid back with interest in about five years time so as the chief economist for africa the world bank put it to us. It may just be kicking the can down the road to. How do you see this playing out. Then how high could the human cost of all this be while the stakes are pretty high. The pandemic has already done lower damage to people's health and africa. it's hitting their economic prospects and they wealth and it's also affecting education of course. Hundreds of millions of students in africa have been affected by school closures. This increases the risk of dropouts and reduces the prospects for africa's largest every generation so overall the costs here really quite significant. There are some reasons for optimism. We may see vaccine rollouts accelerate. There's also hopes that commodity price rises could give africa real boost as the global economy recovers been on balance. The evidence probably points to at pretty difficult road ahead with several more waves of the virus hitting already struggling health systems and perhaps a form of economic long covert in africa. So you know africans have come through this showing remarkable resilience but it may be toughest years are still to come in. Thank you very much for joining us. thank you

Africa Salim Abdul Karim Co Ministerial Advisory Committee Kenley Salmon Nigeria Oxford South Africa John Food Astrazeneca Dakar Saharan Africa IMF Sudan Tanzania Malaria CDC
$916 billion White House coronavirus relief proposal

The Young Turks

07:01 min | 1 year ago

$916 billion White House coronavirus relief proposal

"Really wanna fill you guys in on Corona virus aid before we do our interview with senator sanders. So let's get right to it. There's a new and critical update to the corona virus negotiations that are taking place between congressional lawmakers and the white house now. Yesterday it was reported that the white house was urgently asking. Gop senators to approve one time. Six hundred dollar direct checks to americans as part of the coronavirus relief bill and at that time it really did seem as though The trump administration was outflanking democrats in congress from the left But now it's abundantly clear that that's not actually what's going on. It turns out that the one time six hundred dollar check that would be sent to americans would be a trade-off or essentially getting rid of the federal unemployment aid of three hundred dollars per week. Okay that tradeoff off seems pretty ridiculous. And so nancy pelosi talked about it. A little bit today She certainly clap back but she did. Treasury secretary steve mnuchin released a statement. Are you in this speaker. Pelosi spoke today at five pm and on behalf of the president. I presented a nine hundred sixteen billion dollar proposal. This proposal includes money for state and local governments and robust liability protections for businesses schools and universities. Now pelosi wasn't buying it mostly because she had some insight that most others didn't have and she says while it is progress that leader mcconnell has signed off on a nine hundred sixteen billion dollar offer based on the bipartisan framework The president's proposal which cuts unemployment insurance by one hundred forty billion dollars compared to the framework is unacceptable. So she says it's a nonstarter. I absolutely agree with her. On that. and there are all sorts of issues in regard to the liability protections That are offered by republicans. But before i get to that and katie porter shredding republicans for it john. Why don't you jump in. yeah. I find it very difficult to comment on this because the contents of the package change so often. I mean just yesterday mitch. Mcconnell was saying that it wasn't a prerequisite at the liability protections. It'd be in there but now it is again. I i don't or maybe it is. I don't know. I honestly don't know we don't know what is in the bill until after it's passed and usually not even then usually we're not sure even at that point especially You know the amount of money that we're talking about but it is like it's it's again. It's perfect that they've come up with a financial trade off the onetime payments versus basically cutting off the unemployment aid that makes sense to people on insurance that planned to die in the next week and a half it makes financial sense to them or people who are yet on Unemployment insurance and Having wised up to the fact that the federal government is still effectively doing nothing to stop the spread of the virus. And so it's gonna get worse and more businesses are going to get shut down and so a lot of people that are currently unemployed are probably gonna end up unemployed by the end of this dark winter And this is as we'll probably talking about what senator sanders. This is shaping up to be the last thing that they'll do like we've waited almost a year and this. I am trying to search for word that allowed to us on this now. Right now Is the last thing that they're going to do. Insult to injury in every possible way. It's yeah it's just it's so so shameful especially when you put it in the context of how easily the funding for Defense for the pentagon is gonna pass probably with a veto proof. Vote in both the house which already happened and the senate which is likely to happen in the future. That's seven hundred forty billion dollars every year. The number goes up for the most part. And there's no debate about it. It's just going to happen. But i do want also talk a little bit about the liability protection or lybia liability shield which Mitch mcconnell seems to only care about like that's the only thing that he's been pretty insistent on It seemed like maybe he can bend to democrats will on it If there were some pretty significant trade offs But katie porter Did a great job in explaining why this is a horrendous. A provision in the stimulus bill she says you may have heard that democrats and republicans have agreed upon spending nine hundred billion dollars to fund yet another round of small business loans support hospitals in essential workers and helped the ten million people who lost their jobs through no fault of their own everyone at the negotiating table including senate. Republicans have agreed to a compromise except one mitch. Mcconnell is refusing to bring it to the floor unless it wipes away all cove related lawsuits filed that allege injury or death due to corporate negligence. And she goes on to say that. These lawsuits represent the worst of the worst examples of disregard for human life cases filed on behalf of nursing home patients and grocery store workers who died because the company in charge of keeping them safe prioritize cutting costs over protecting them. And i think one of the best examples to share with you guys is what is happening now with a tyson. Meat packing plant Where You know tyson facing a wrongful death lawsuit because dozens of their workers got sick and died due to their negligence. Cnn has more details on that. Let's watch according to the allegations. The plant manager of the waterloo facility organized a cash volume winner. Take all betting pool for supervisors and managers to wager. How many employees would test positive for covid. Nineteen in the end more than a thousand employees would catch the virus about a third of the nearly three thousand working at the plant on stare. Ernest ladders spoke to c. n. N.'s gary tuchman in april about his conversation with tyson's hr department. They told me I was i was i was i was safe. And they told me that Everything was okay and they told me. I have a better chance. A catching the corona virus. Going out to walmart and enticing. Come the work. you safe. The tyson employers also allegedly told their employees to ignore any symptoms. They might be suffering from contracting corona virus into just keep working. it's doesn't insane yeah no the. The era of self-regulation of plants like tyson one needs to change. Which is a whites. Good that the department of agriculture is gonna be controlled by tom. Bill sack who while he was governor by said that they should self-regulate

Senator Sanders Katie Porter Steve Mnuchin White House Mcconnell Nancy Pelosi Mitch GOP Pelosi Treasury Congress
Covid relief talks hit another wall as Congress runs short on time to send help

MSNBC Morning Joe

05:37 min | 1 year ago

Covid relief talks hit another wall as Congress runs short on time to send help

"The trump administration through another option on the table yesterday. Making nine hundred. Sixteen billion dollar offer to democrats. That has the support of senate majority leader mitch. Mcconnell according to the wall street journal the proposal came after democrats rejected. Mcconnell's attempt to narrow the scope of the relief and to exclude both assistance to state and local governments favored by democrats and liability protections which are favored by republicans. The president's plan eliminates the three hundred dollars per week and unemployment insurance. Found in the bipartisan. Bill democrats say that is a nonstarter. Join us now. Senior writer at politico co author of the playbook jake sherman. He is in msnbc political contributor. So jake a new one thrown into the table from secretary. Mnuchin lobs to nancy pelosi. So we've got the bipartisan nine hundred. Eight billion dollars. This new one from the white house. There's a lot of talk about things getting done. We had joe manchin and chris coons confidently on here yesterday. Saying they believe something will get done before the holiday recess but are we actually any closer to a deal. No this is ridiculous. Would i will say this though. So let's just take a step back yesterday mitch. Mcconnell as you said tried to remove the contentious issues from the table so democrats want state and local funding republicans. Don't republicans want liability overhaul democarcy democrats largely are opposed to that. So he said you know what. Let's deal with those later. Let's just do the things. We agree on democrats said note. This deal that steven mnuchin put on the table. While it doesn't have everything the democrats want is the broad outline of a deal that both sides could get around. I mean yes. The unemployment insurance enhanced unemployment insurance is lower than it probably should be according to most democrats but this is a negotiation right so the democrats can come back and say no. We don't want ex. We want expos five hundred and then you're on the brink of a deal. Willie you really are. Here's what i would say right now. This bipartisan group. god blessed them Democrats and republicans a room talking about covid relief. It's time is very short. So if they want to deal the leadership. Nancy pelosi and mitch mcconnell needs to get into a room and work something out because time is very short and people really need assistance. And it's not only new money. While it's programs are expiring. Very critical unemployment programs have expired or are expiring. ppp does program that has kept businesses open. Bipartisan program is done. Needs to be refreshed renewed. There's a lot on the line here not much time left. And so. Casey are the people you cover. Every day you inject both on capitol hill really prepared to go back and face. Their voters in saying sorry over the holidays. We just couldn't get anything done over the last six seven months that that's exactly what i was going to say really listening to jake talk about that. No is the answer. I mean going home the day after christmas these benefits many of them expire going home and trying to explain to people. Why that is. I mean people are hanging on by the fingernails by the skin of their teeth. They have been making it work for all of the time. But if this goes way economists people in both parties recognize and. I think the way that we talk about this important. It is a relief package. It's not a stimulus. It's not as though they're adding things into the economy. They are trying to patch holes. It's a much different too much. Different thing. And jake one one thing i wanted to underscore and to get your take on. Is this question about direct checks because as as you outlined. There's this complicated calculus between okay. They don't want president trump to blow it up mitch. Mcconnell wants to do what the president wants to do. Mcconnell's priority is liability. He said okay. I'll take that off the table. If democrats take their top priority off the table. Democrats go for that. I mean you've got all this back and forth but for people who are looking for a check in the mail. The president obviously wants to put his name on those checks. There are people like republican. Josh hawley in the senate who want to do that. What's your sense on whether this is actually something. That's going to end up in this bill. I mean i don't think democrats are gonna go for checks at the expense of unemployment insurance but do you think they can find a compromise on that i do i. I don't think it star off casey. I mean we reported yesterday. I believe the days Baumel together for me. But i think it was yesterday in playbook that mitch mcconnell was softening and he was coming around to the idea of direct payments in the bill. Obviously nancy pelosi is for them. Obviously chuck schumer is for them. The matrix is see here is state and local in liability ride together and then everything else is in the mix separately right. So there's i don't see in my estimation any sort of compromise that would sub out direct payments and unemployment direct payments are now firmly in the mix because the white house put it in And that's important amino democrats. There is theory out. There on mute for is undoubtedly casey among republicans on capitol hill that they that nancy pelosi and chuck schumer didn't want to check with donald trump's name on it at this point who cares right i mean if you're a democrat like just get these checks out the door i but i i agree with you casey. They can't solve out some of these unemployment insurance programs for direct checks. I don't think. I just think that would be a a trade off. That is a little bit arts at the swallow.

Mcconnell Trump Administration Jake Sherman Mnuchin Nancy Pelosi Steven Mnuchin Jake Chris Coons Joe Manchin Mitch Politico Mitch Mcconnell The Wall Street Journal Senate Msnbc White House
New White House offer adds $600 checks to COVID-19 relief

AP News Radio

00:44 sec | 1 year ago

New White House offer adds $600 checks to COVID-19 relief

"Hi Mike Rossi a reporting a new White House offer add six hundred dollar checks to a cool bit nineteen relief proposal with no deal yet on Capitol Hill on a new pandemic relief bill the White House has put forth its own new proposal treasury secretary Steven Mnuchin proposes a nine hundred sixteen billion dollar package that would send a six hundred dollar direct payment to most individual Americans and twelve hundred dollars to most couples the Mnuchin plan would eliminate a three hundred dollar per week employment benefits favored by a bipartisan group of Senate negotiators in a statement Mnuchin says he made the offer to house speaker Nancy Pelosi late Tuesday afternoon hello C. and Senate minority leader Chuck Schumer responded with a statement saying they prefer to let the bipartisan group takes the lead Mike Crossey out Washington

Mike Rossi Mnuchin Steven Mnuchin White House Treasury House Speaker Nancy Pelosi Senate Minority Leader Chuck S Senate Mike Crossey Washington
DoorDash releases filing to go public

Techmeme Ride Home

02:51 min | 1 year ago

DoorDash releases filing to go public

"Door dash has filed. Its s with the sec. Which of course is the first step in an ipo. They will be listing their shares on the new york stock exchange under the ticker symbol dash. Das h. and speaking of dash we're expecting there to be a dash of companies rushing to go public before the end of the year. We're expecting roadblocks wish affirm airbnb all to file within weeks but back to door dash. Ns one means we finally get to take a look at the underlying business in a debut in company. Jordache reported that they had one point nine billion dollars in revenue for the first nine months of twenty twenty on which they lost one hundred and forty nine million dollars compare that to revenue of only five hundred eighty seven million dollars a year ago and a loss of five hundred and thirty three million dollars. Coding alex willem in tech crunch door to ashes. A heavily backed company with crush base reporting that the food delivery giant has accessed around two point. Five billion dollars in capital during its life most recently in a four hundred million dollar around this june at the time doordash was valued at a towering sixteen billion dollars post money giving the company big valuation shoes to fill. When at prices it's ipo and begins to trade jordache has grown incredibly rapidly scaling. Its revenues from two hundred ninety one million dollars in two thousand eighteen to eight hundred eighty five million dollars in twenty thousand nine and more recently from five hundred eighty seven million dollars on the first nine months of twenty nine thousand nine to one point nine two billion dollars in the same period of twenty twenty that is two hundred and twenty six percent growth in two thousand twenty thus far these sort of expansion. That explains why door dash was able to attract so much capital at such high prices. How high quality is ashes revenue in the first. Three quarters of two thousand nineteen the company had gross margins of thirty nine point nine percent and in the same period of two thousand twenty the figure rose to fifty three point. One percent a huge improvement for the consumer consumable delivery confab. The result of door dashes epic growth and gross margin. Improvement has been radically improving profitability. The companies operating loss fell from four hundred. Seventy nine million dollars on the first nine months of twenty and nineteen to just one hundred and thirty one million dollars in the same period of twenty twenty door dashes net losses are slightly worse. Five hundred thirty three million and one hundred and forty nine million over the same timeframe respectively but again compared to the company's top line growth and revenue quality improvements are inconsequential. Jordache has around one point. Six billion dollars in cash and equivalents heading into the fourth quarter. Meaning that it has ample cash to fund itself sands an ipo. The company is there for going out because it thinks the time is ripe and quote. Yeah that's a bigger better business than. I certainly expected growing faster than i expected. But then maybe. I shouldn't be surprised because you know covid but also positively improving gross margins. Maybe they think they need to get out the door now before a vaccine actually shows up and maybe stalls their growth a bit

Jordache Das H Alex Willem SEC
LVMH Countersues Tiffany Over Merger

CNBC's Fast Money

02:04 min | 1 year ago

LVMH Countersues Tiffany Over Merger

"Lvmh has filed a counter lawsuit against Tiffany. That's just the latest piece of drama going in that ongoing merger dispute between the two luxury brands. Robert Frank joins us now with the latest here, and this is getting to be a pretty bad divorce in a marriage that hasn't even happened yet. That's right dominance. The latest shot fired Mike. Call the battle of the here lvmh filing a counterclaim against tiffany in Delaware Chancery Court. Now, this is a response to Tiffany's lawsuit filed earlier. This month that sought to force lvmh to proceed with that deal to buy tiffany for sixteen billion dollars now lvmh complaining that here's how it starts out. This is the first line. The business lvmh proposed to acquire November of twenty, nine, thousand, nine, hundred, no longer exists. What remains is a mis manage business with no end to its problems insight and it just gets worse from there dom now. Alleges there was a material adverse effect here it says that the pandemic created extraordinary damage to tiffany and this is important. There was no carve out in the deal agreement for pandemic. Now, the core of the complaint is really that tiffany has been mismanaged. It says that tiffany paid dividends when it shouldn't have that it cut marketing and s GNA expenses that will actually cost future. Sales and said that luxury companies in the US have a bleak future saying that ninety percent of Tiffany's sales are brick and mortar stores. You don't WanNa be that kind of retail right now and eighty percent of those brick and mortar stores that typically has our shopping malls. Now lvmh also cites a letter from the French foreign minister that says, it is impossible to close that transaction. That's what Lvmh's saying and the trial for all of this set to begin on January fifth dom. So we'll see whether the judge gets to hear all this where they reached some kind of settlement. Before whether they reach a deal at a lower price, a lot's going to happen in the next couple of months before that trial.

Lvmh Tiffany Delaware Chancery Court Robert Frank Mike United States GNA
LVMH Scraps $16 Billion Deal, Leaving Tiffany at the Altar

Business Wars Daily

01:24 min | 1 year ago

LVMH Scraps $16 Billion Deal, Leaving Tiffany at the Altar

"From wondering I'm David Brown of this business wars daily on this Wednesday September sixteenth. Well folks today we have another sad story of love gone bad after months of planning the marriage between venerable jeweler, tiffany and company and the world's largest luxury conglomerate. lvmh has been called off. That's right. Tiffany has been left at the altar and that leaves big questions about its future. Well, as we told you in December, it seemed like a match made in Heaven after years of. Struggle tiffany would be part of an organization that included brands like Louis Vuitton Fendi Christian Dior to name just a few for tiffany. That Union represented more financial stability for the Paris based Lvmh the move would bolster their fine jewelry sales in the US according to a report in business insider. Then last Wednesday lvmh issued a statement saying it was calling off the sixteen billion dollar deal. So when we're wrong apparently, the governments of each company's home country were to

Tiffany Lvmh Louis Vuitton David Brown United States Paris Union
LVMH pulls out of $16 billion Tiffany deal, citing tariffs

Monocle 24: The Briefing

01:42 min | 1 year ago

LVMH pulls out of $16 billion Tiffany deal, citing tariffs

"Time now to get around up of some of the day's business stories with Bloomberg's union pulse UN first of all more details about a breakdown of the world's biggest ever luxury deal. It says here. Yeah, a breakdown involving tiffany jewelry. Now, the deal was between Lvmh the French of Louis Vuitton Christian detoro Kristen do many other luxury brands actually the world's biggest luxury company at eight had planned to buy tiffany of the US sixteen billion dollar deal the biggest in luxury history and yesterday we found out that deal is to break down a little bit of war of words broken out over why exactly it's broken down Bloomberg reporting. A scoop tonight, the album make chairman asked the French government for help in an effort to put out of the deal to buy. Tiffany is only by the company spokesman Coney at militias and totally on founded. Now, we understand that said the chairman off the French government to help out with this in NFL to renegotiate a low price in the wake of the grown of ours pandemic and the protests in the US which have been. Going on now, this is a deal which really took the luxury world by quite some surprise. It was a big big deal. There is no break-up feed has been agreed. So in theory, I could walk away without any costs, but it might hate the. Press the reputation of the chairman he's up his reputation is actually Franz's richest man by building this company into a luxury mammoth. He's done a lot of acquisitions. His time, but this one seems to have gone sour

Chairman French Government Bloomberg United States Tiffany UN Louis Vuitton Lvmh Coney NFL Kristen Franz
Senate Republicans preparing $500B virus relief proposal

AP News Radio

00:41 sec | 1 year ago

Senate Republicans preparing $500B virus relief proposal

"I might cross the reporting Senate Republicans are working on their own virus relief plan with no agreement yet on a larger corona virus relief bill Senate Republicans are putting together a five hundred billion dollar proposal according to senator Roy blunt of Missouri the GOP plan would provide three hundred dollars in weekly federal payments for unemployed people over and above state payments that would be half of what was provided in a pandemic relief bill approved earlier this year that expired at the end of July Senate GOP aides say the plan would also include ten billion dollars for the postal service sixteen billion dollars for virus testing and a twenty nine billion dollars for developing vaccines might cross yet Washington

Senator Roy Blunt Missouri Washington Senate GOP
A California tribe has land to call its own for the first time in more than two centuries

Native America Calling

04:00 min | 1 year ago

A California tribe has land to call its own for the first time in more than two centuries

"This is national news I'm Hughes Infrared Antonio Gonzales. The Navajo nation is laying off hundreds of gaming employees. The Navajo Times reports notices started going out over the weekend for more than nine hundred employees. Another one hundred forty workers will remain through this week. The nation's four casinos have been closed since March. Nearly twelve hundred employees remained on the payroll since that time gaming executive Brian Parish warns last week. Cash reserves are depleted, and the operation would not be able to sustain keeping the workers any longer. The trump administration announced the start of an effort to tackle cases of missing and murdered native people. Department of Interior and justice officials announced the opening of the missing and murdered native Americans, cold-case office in Minnesota's twin cities, it is scheduled to be the first of seven offices dedicated to reviewing some fourteen hundred unresolved native missing persons cases in the country. The efforts stems from President Trump's executive order last year in a written statement assistant secretary of Indian Affairs Tara Sweeney, said cold cases in Indian country will be addressed the determination and the understanding that the victims in these cases will be accorded some measure of dignity and compassion. Democrats on the House Natural Resources Committee are exploring a range of options for how to deal with healthcare woes that were plaguing Indian country before the pandemic hit Matt Laszlo has the story from Washington as native communities continued to face high corona virus infection rates, longstanding struggles with healthcare access are being seen under a new light under the current system. Many native American veterans are forced to leave their communities to get treatments. However, during pandemic, leaving tribal communities introduces new risks for Native Veterans Acting Chairman of the national. Indian Health Board is William Smith told lawmakers the marine bursts for travel through the Indian health services aren't workable during a pandemic in Alaska. The behind did converse Indian. Health Service. mitric anchorage to say by Dr Up there they'll pay for transportation. They won't pay very housing because they think it's. My back, but with coq nineteen going on, you can't fly out, so you have to do a drive up three hundred six miles to anchorage and out of pocket you'd have to spend the night. Smith says of the sixteen billion dollars earmarked for veterans and cove relief, only one billion was given to the native health service that's left. Native communities underfunded once again besides veterans, lawmakers are also working on the coverage for urban Indian Health Providers Act. It would make it so. So individual clinics no longer have to use their own funds to purchase liability coverage at could save some clinics up to two hundred and fifty thousand dollars annually, which some officials want to go directly to patient Care Robin Sunday Allen is Vice President of the National Council of Urban Indian health. She says tribes need any extra funds they can find now. Insurance has increased fourteen percent over the past five years so becoming increasingly more burdensome for us to carve out that money. Money that we wish could go back to direct patient care. All the coronavirus pandemic brought these health issues in Indian country to the forefront. They're persistent problems. Tribal leaders are hoping we'll finally get a permanent solution for National Native News I'm Matt Lies Low in Washington a California tribe has completed purchase of twelve hundred acres of land for four and a half million dollars. The San Jose Mercury News reports. It's the first land acquisition for the excellent tribe of Monterey. County in. In nearly two hundred fifty years, Esselin chairman Tom Little. Bear Nason told the paper. He is elated by the purchase saying the land is the tribes homeland and the origin of their creation. The mercury news reports tribal leaders expect to use the land to reinvigorate tribal culture conduct, traditional ceremonies, and inform the general public about their culture and history, the tribes, traditional culture and language were nearly wiped out by Spanish missionaries backed by the military starting in the late seventeen hundreds. With national native news I'm Art Hughes.

Executive Washington Indian Health Board William Smith Bear Nason National Council Of Urban Indi Navajo Times Antonio Gonzales President Trump San Jose Mercury News Art Hughes Health Service. Acting Chairman Department Of Interior Chairman Matt Laszlo Minnesota Monterey
California to announce protocols to resume Hollywood production

KCRW's Hollywood Breakdown

04:10 min | 1 year ago

California to announce protocols to resume Hollywood production

"I'm Kim Masters and this is the Hollywood breakdown. Joining me is Matt Bellamy and Matt. Hollywood is just thirsting to get back to work. There are so many tens of thousands of people who work in this industry and are unemployed. And of course you know as a huge ripple effect People are trying to come up with inventive ways to go back into production. Of course the state the state is a key part of this and Gavin. Newsom our governor who has been trying hard to control the the spread of disease from this outbreak did say that as of Monday there will be some protocols in place and he believes that most counties in California unfortunately not La county where word the numbers are still not so good. They're getting better but they're not. They're behind other counties but the great majority of counties will get these protocols and he believes they'll be able to start some kind of production and that's a big deal because I think a lot of people in town figured that the restrictions on production we're GONNA last months and months and if people can start going back to production in the next weeks or so. That's a big deal. I mean we saw Over the past week you reported on a plan that Jason Blum. The horror producer has to house people in a hotel on the universal lot and to carefully go back to production We saw tyler. Perry Georgia released an extensive plan this past week where he is going to personally fly people on his private jet. He's going to quarantine them when they arrive. They'RE GONNA use protocols on the set of his shows that he does and he is going to try to create a enclosed universe for people working on his shows and that may be the new normal for a while. Productions are allowed to proceed. But there's going to be these different protocols of WHO's allowed on said where they're allowed to go when they're not working and increased sanitation protocols. Yeah I mean you do worry a little bit about human nature. I mean this producer in Thailand is actually in production now and people have armbands or wristbands of some kind that you're allowed to stand here. You're allowed to stand there you know. They're big questions looming. Like who is willing to go where I mean tyler. Perry's talking about flying people on private jet. Which is I guess in that respect. It's very good to be something more than one respect. Good to be tyler. Perry but commercial flights You know any kind of sizable crew. That's going to create such an open door for problems. And the Jason Blum production that I wrote about where they want to actually put them in a hotel adjacent to the lot and they don't have approval they say they're not gonNA go forward without approval from authorities and protocols and play. I think they'll have to run it pasta. Sag after all of these things are going to be required but that Zeh have no insurance. So that's a six point five million dollar budget. If that has to shutdown universal will be like well okay but you can't do that on a big production and you can just see the insurance companies. Who are not writing any any policies for covid. Nineteen right now. You know when they do if they do at some point will be scrutinizing for any lapse in following protocols and people. Aren't that great following protocols. No but something has to be done. I mean there was this this past week a call with the governor and some executives and people who are on the recovery taskforce talking about this issue and it's predictions are that there will be a one hundred sixteen billion dollar loss to the entertainment industry over five years and they've got to figure out how to get back to work because there is staggering unemployment in this industry and there is a way back if you take precautions and the insurance industry will come around. They may not be writing policies right now but at some point. This is our new normal until there's a vaccine the insurance industry will catch up and they will figure out how to write policies for these productions slowly and maybe with push from the federal government of some people in Congress. Get THEIR WAY. We'll see

Perry Georgia Tyler Jason Blum Newsom Producer Hollywood Matt Bellamy Kim Masters Gavin ZEH Thailand Congress California La County
"sixteen billion dollars" Discussed on WGN Radio

WGN Radio

01:55 min | 1 year ago

"sixteen billion dollars" Discussed on WGN Radio

"Right lane at center and traffic is heavy up on the bishop Ford around one hundred fifty fourth because of moving roadwork or nafta WGN traffic central the forecast from the perma seal weather center rain coming in this afternoon and tonight will be in the mid sixties before that tonight rain likely low upper forties tomorrow a chance of afternoon or evening rain but again will be in the mid sixties we're in the mid sixties right now is about as many as you can get sixty five degrees at o'hare midway and at Chicago's lakefront a federal judge today issued a preliminary injunction requiring additional social distancing measures to fight the spread of Colbert nineteen at the cook county jail the ruling bans double inmate cells and group housing in most cases round two of the paycheck protection loans what opened up today in the first round in Illinois nearly a hundred seven seventy thousand loans were approved for about sixteen billion dollars and Britain's prime minister Boris Johnson is back at work after fighting off the virus you strongly warning against easing the country's lockdown Italy in New York are seeing encouraging signs in some of the latest figures on the outbreaks there your money on WGN the Dow Jones industrial average is up three hundred ninety two points the nasdaq up a hundred five and the S. and P. five hundred up forty five I'm Steve Burr trend on Chicago's very own seven twenty WGN two thirty two we're talking about the large house party that made so much news this weekend pretty odd troubling to see that kind of a gathering in these times eight four seven Hey simple solution to these large gatherings as you go to the source in this case the Airbnb owner find him or her find him or her five thousand dollars or ten thousand dollars in this that'll stop this crap right away yes the police should probably not be arresting anybody but they can issue some type of citation I just wonder in these cases if the.

bishop Ford Chicago Colbert Illinois Britain Boris Johnson New York WGN cook county prime minister Italy Steve Burr Airbnb
"sixteen billion dollars" Discussed on KTOK

KTOK

01:30 min | 1 year ago

"sixteen billion dollars" Discussed on KTOK

"Franchise and your looking at sixteen billion dollars in ticket sales six actors of war in the talks Sean Connery by far the best Roger Moore and Daniel Craig Timothy Dalton Pierce Brosnan and the legendary George Lazenby lots of big names turned down the chance to be double oh seven Liam Neeson Clint Eastwood Burt Reynolds to name just a few is when Reynolds thought a non British bond would not work it is no secret James Bond is big with the ladies he's been romantically involved with sixty different women in the film's doesn't always work out though two thirds end up betraying him and many die before the credit so ladies be forewarned we all know bond likes his vodka martini shaken not stirred but some bonds are bigger boozers and others Daniel Craig holds the record for most drinks on film eighty five over his four bond movies and this man has a gun being a British agent comes with a few perks license to kill a big one one is taken out more than four hundred villains over twenty four movies the deadliest bond Pierce Brosnan he killed a hundred and thirty five guys are just four films least deadly George Lazenby dispatching only five henchman in his only movie.

"sixteen billion dollars" Discussed on Newsradio 1200 WOAI

Newsradio 1200 WOAI

04:09 min | 2 years ago

"sixteen billion dollars" Discussed on Newsradio 1200 WOAI

"Thousand passengers going through security and then another one hundred thousand the passengers arriving to town in the middle of summer we opened a extra security lane in terminal a so now we have seven fully functional security checkpoint lanes and the best part is every link single one of them is going to be up and running all week long to handle the flow everybody was a loser in the Sunday night street races off military drive street racing on Sunday nights has been a tradition on military drive for decades but that does not make it any safer or legal last night police in street crime officers were out in force along with the police helicopter and DPS pulling over racers and telling their vehicles they'll face charges including reckless driving Jacquelyn Scott newsradio twelve hundred W. away hi how's this for a marriage of millionaires the French company that runs live a thon will be buying New York City based Tiffany jewelers for more than sixteen billion dollars that buyer already owns tag how're and Christian Dior talk about name dropping census takers are hitting the streets of San Antonio but to get an accurate count many you're gonna have to fight through a big flow of fake news the sensor is a big deal to San Antonio we stand to lose a congressional seat if there's an undercount the fear is that misinformation on social medias keeping some including non citizens from taking part of why the presidents of all the city's colleges and universities are banding together to put out a nonpartisan message Dana Williams is the president of St Phillip's college you go see even more information beginning with a message from the president and the chancellor saying protest the pay she says it's easy to get twisted on places like Facebook that's why it's vital for education leaders to step up in the twenty twenty census Michael board newsradio twelve hundred W. away I conservatives are screaming about a vivid example of double standards in the media they point out that the same reporters who tore into Brister Pat Bristol Palin's teen pregnancy when her mom was running for vice president back in two thousand eight have conveniently completely ignored hunter Biden's illegitimate child in Arkansas well is dad's just ABS be running for president of the United States former bush administration press secretary ari Fleischer pointed out that CNN ran a graphic on the screen over the Serra Pailin speech in two thousand eight reading her daughter is pregnant but didn't do anything close to that with Joe Biden and it's not just the city of San Antonio that's tried and failed to implement up paid sick leave ordinance pally Austin and Dallas of tried to attorney Robert Hankey who represents does business owner says all of these court losses really need to send a message to the rest of the state the message is clear that there are serious concerns about the legality and constitutionality hi minister poll ordinance making at the expense of developing self driving vehicles is forcing auto companies into some unexpected partnerships and Corey with Bloomberg has are in focus report electric vehicles in self driving cars and trucks of the future of the auto industry but developing the technology is very expensive to handle the cost companies are combining or finding partners General Motors invests in cruise automation but then so does Honda they just really cannot be at the forefront of every technology all at the same time with the amount of money they have Christian G. check of the center for automotive research says it's something we're seeing around the world we're seeing some consolidation in the United States a lot of consolidation in China and a lot of co investment and joint venture activity in the technology spaces one reason for the planned merger of fiat Chrysler with France's PSA group is to be able to afford new technology development G. check says it's part of a trend that will continue it is changing some of the face of the auto industry there's a lot of new suppliers to the space that are making some of that enabling hardware and software that isn't made by existing suppliers I made Corey Bloomberg business for news radio twelve hundred W. O. eight and I sent Antonio Spurs host the Lakers tonight the A. T. and T. centered sign.

twelve hundred W sixteen billion dollars
"sixteen billion dollars" Discussed on Biz Talk Radio

Biz Talk Radio

09:46 min | 2 years ago

"sixteen billion dollars" Discussed on Biz Talk Radio

"Welcome back we're continuing our conversation with secretary Gertz now we wrapped up in the last segment talking about you know your your charts in these my impressions having interacted with your team in that that you're one of your your one of those essentials that doesn't stand on errors which impresses me to know and in fact many people refer to you as condo now I've also seen where people try to figure out where the Honda name came from but that's got to be a their conversation so the next time I come out to do work in the marine corps maybe we can connect up and I can find we hear the story about how how does the our team about is your is your nickname but that's actually pretty Tom a lot of people refer you was on though and I'll be happy is within our fear you might you might learn something let's go back to the part of a conversationalist so we're talking about agility and the importance of agility you were talking about you know the fact that you know you're trying to set up a plan so that you can adapt to whether it's changing funding change in mission something new comes and changing direction and some form of criticality that might trigger a change so how do you want him for it unknown because you don't know what's going to happen yeah I think I you know and and I right now said many times I'm much more of a fan of agility is a concept and innovation because I think animation sometimes hard I can measure jelly I can raise your payments to be a harder time measuring that kind of innovation because it and is follows turned it can mean a lot of things a lot of people swear I think you know Jodie it is about to be it's how are we not only manage downside risk but even more importantly you know take advantage of upside opportunity and I can be terribly like sooner in a public service and essentially planned bureaucracy if you're not careful but I also you know my my does yours are yours a special ops taught me the value of finding for the on plan and building a culture and a mindset and a set of skills that increase your payment should be on some of that is you know kind of breaking down this fear of trying something new some of that is are having a learning environment where you value the best idea not necessarily everybody's individual idea our motion part of it comes from having a great network wears radical levels of diversity and inclusion are whether that's big businesses small businesses are you know to be able to graduate is a serious academic performers former partner because generally you get payment speed from you know my best from our knees ripoff and deploy right taking an idea that somebody else has been adapting it for your use you've got to have a culture that values that rather than just you know only valuing inventing it yourself our and any you start if you can start getting that level of kind of multi dentures organizations I can do the things you have to DO organically while on transition other things are that's important and then finally being very thoughtful of your business architecture and your technical architecture and in any case were fighting your operational architecture show that you reduce your **** mismatch for new things being held a link in an integrate we we tend to kind of in this last decade of innovation everything we over value discovery and we undervalue deployment and show we can discover what's to stop but if you can get it in the hands of your alternate end user it's an interesting discovery but not really effective on the battlefield and so that's where we kind of start thinking about that problem what's interesting because I think some of the listeners regular list on the show I think I fed you that wine because one of the things we talk a lot about the show was ideas well in execution as a hobby and we're not in the hobby business ideas made jewel security exactly something on a notebook or power point slides of zero value if they can't be used and deployed that for value gets created yeah the the other thing I learned a lot Gail kind of working I'm learning from my you know a commercial and and small business earnings it also got to be able to kill stuff fast are we really sometimes focus too much on starting a lot of stuff but then we get these long time cycle projects that are we keep doing and we're afraid to kill it our freedom move it or change it your directory on it and then take some you know take some leadership courage and it takes Armani you know it's a real organizational high levels of because nobody wants to work on something that didn't go anywhere on a show you've got again I great charger last segment about focus on mission and if your back to western basing for the mission or maybe the best thing for the mission is not to do this thing anymore go do something else and you need to evaluate a person that can do that as much as the person who I know delivers on something normally the way organizations think through changing you that is exactly one of the final road blocks for a lot of cultures is is that people get measured on delivery even if it nobody uses it at the other end but I delivered it versus the ad ability to change direction and the contribution they make wherever they wherever they can contribute we talked a little bit about you know the the sourcing or the engagement around the Jodi coming from academia research other parts of the military it also small business the challenge I can only imagine that it would be how do you make your organization frontal your with some of these organizations to engage with the military where they can make a contribution yeah sure I think you know one thing that's really worked me over the years or one of the reasons I start up software trims and so come on in a couple of these are things is Kelly as a percentage of the population who's got military experience you're served in the military is getting smaller and smaller on a lot of folks wanna help the military aren't they just had no idea how it can be a little bit of enters your pretty on normally a pretty high level chantry shown by design from some players from just by sheer bureaucratic size are you sure are what I really do is focus on how to reduce the barriers to entry I work for small business waiting on active duty and so you know I love the dream of you know bill Maher sure today and rain proposes I. nicer weekends and for your company stay on the line every time you do a major benefit because sure you know a couple million dollars your proposal so a lot of our focus is really break down that barrier to entry because ultimately I'm trying to create the environment where you can you are incentivized to bring your best idea as quickly and for the least amount of cost possible and and show the way again we're kind of approaching at is treat those which collision spaces which are very low barriers to entry yeah I'm gonna have a spot all over the country you can walk in with your idea I've created thing called naval acts which is really just a kind act the whole naval network together Joe Frazier or as an idea you can instantly figure out who the right person in your party maybe to talk about it our company is an idea to hire five business development people we can get them I immediately linked and quite frankly we can link multiple small businesses together because many of the ideas I see from small business are great ideas they just don't understand I actually have a better application for anime are thought out I think there's also a little bit of assurance that a big businesses owned are kind of DOD precarious last year we did sixteen billion dollars of contracts directly to small businesses wow percent of the navy spend went directly to small businesses as a prime contractor I shot shows some contractor show show yes there are being again all aircraft carriers and submarines in big capital programs are we also break those down so that on our big ships we are we don't know ship owners of all the ships we separate the combat systems all the communication systems those are built by the ship builder down built by the best in class build combat systems and communications get out of this here again I go back to this diverse and inclusive environment I want the best performer I don't care where they come from exactly I know you know I don't fault you for a little bit and I know about your your work it thunder drums all four seasons of the military civilian you know idea give it is that you put up in in in Florida in the success that they've had it and you know it is impressive in so and I didn't realize that the navy did that much for children from from small businesses and so I think you know people can actually will will warm you know out of even attempting just because out of the year it's the fear of the unknown of Sir how do I get don't get too close to the octopus conduct will will crush of the process right and how do you how do you know why the contributions of don't go anywhere will be right back to your conversation with condo secondary Gertz when we come back in this commercial break you're listening to chill relations on the news talk radio.

Gertz secretary sixteen billion dollars million dollars
U.S. Deficit Tops $1 Trillion in First 11 Months of Fiscal Year

The Last Word with Lawrence O'Donnell

09:36 min | 2 years ago

U.S. Deficit Tops $1 Trillion in First 11 Months of Fiscal Year

"Other bad economic news for the trump election campaign president trump's own treasury department has been forced to admit up that the US annual budget deficit is now more than a trillion dollars a year candidate donald trump ran for president promising to completely eliminate the budget deficit by balancing the federal budget every year and then completely eliminate the national debt but in fact president trump has increased the national debt from nineteen billion dollars to twenty two trillion dollars and there are more troubling suggestions of the possibility of a recession hitting before the two thousand twenty election Jeffrey gridlock chief executive officer of double line capital said we should be on recession. Watch before the twenty twenty election good luck doc said Thursday in London. We're getting closer but we're not there yet the odds of a US recession before the election are seventy five percent said good luck and leading off our discussion tonight Mark Zandi chief economist of Moody's analytics as an economic adviser on John McCain's two thousand eight presidential campaign and is currently advising some some of the Democratic presidential candidates on economic issues and also joining US Jonathan Altruism columnist daily beast in MSNBC political analyst jumping covered the economic problems of the two thousand eight presidential campaign President Obama's efforts to bring the country out of recession in his first years Mark Zandi. I want to start start with you and your view of what the job loss what the effects are of the trump trade war. It's doing a lot of damage. I think it's fair to say that manufacturing The act sector the transportation distribution sectors are already in recession and the problems are starting to broaden out. We're seeing job. Growth slow in many parts of the economy slowdown has been very pronounced since this time last year when the trade really got go war guy going in if growth slows any further we're GONNA see unemployment starts to rise and once unemployment starts to rise. That's the fodder for an economic downturn because that spooks people they sense the rising unemployment. If you're open job positions less opportunity smaller pay increases less bonus they I start to pull back a bit on their Spending businesses see that they start point back more on their hiring. You can see Lawrence how you get into that self-reinforcing negative cycle which is a recession so we're not there air yet but the trade wars doing a lot of damage and if the president continues on the current course we'll get there pretty soon and Jonathan. We saw the trump reaching for Ernest gape patch to commemorate the seventieth birthday of a communist dictatorship. He has decided to delay delay his the his tariffs all of which are illegal by the way they are. He is using a clause inside trade law specifically for national security and there's not a single national security element in a Chinese clothes washing machines being imported into the United States or Canadian steel being imported in the United States so forth so these are all illegal tariffs that the market seems to have assumed would go away as soon as they became a political problem but donald trump is still holding onto them well. He's the master of disaster and he's never consistent any issue and traders among them. He just goes back and forth back back and forth the question now is whether he sees his reelection flashing before him and if you look at Mark Zandi numbers he he says nine hundred thousand jobs under the current tariffs. If the new ones kicked in in October it would go over a a million jobs and that's a pretty good talking point for Democratic candidate right plus who ran Barack Obama's successful of two thousand eight presidential campaign urged all aw of the Democratic candidates all of them to us exactly what you just said to us Mark Nelson tonight only one of them right so that they would next year. If if the tariffs continued I think and I don't WanNa make these sorts of predictions about trump because he's so unpredictable but because his reelection is the only thing nobody cares about there are some signs in recent days that he is looking as you said for an escape hatch and so they're going to put this all in reverse but at then puts Xi Jinping Dr Recy- right then he has trump exactly where he wants him and you have another situation where this guy proves used to be a disastrously bad negotiators so he will try to go back to the terms that they had in May when they can't close to having a deal. We'll see see whether Xi Jinping accepts them. He's got his own problems in Hong Kong. He has his own incentives to want a deal and there's some reporting out of China that had you know insiders are saying that he doesn't WanNa see trump lose his temper so he may be trying to placate him so they may have kind of fig relief trade deal to reassure markets mark ward about the Chinese economy and their ability to just hang on for eighteen eighteen months and hope for new president yeah good point and the advantages that Chinese has a and I should say the trade war is doing a lot of damage here. It's doing obviously obviously a lot of damage there. The Chinese economy is struggling but the advantage they have is that they have a lot of room for monetary and fiscal stimulus. They can lower interest rates. They can ramp up infrastructure spending they can cut taxes and they're doing all of the above and they're doing it very rapidly. I mean they don't have you know the problems that we have is democracy to get things done. They just do it and so that's supporting their economy and they're still hitting their targets. you know a lot of questions about the validity of targets but they're you know they're pretty close so so. I think because they have that latitude on monitoring fiscal policy they're gonNA. I think they're gonNA play this. played a little longer game here and I don't think they're going to agree to anything substantive until after the election I mean I just I think they're going to wait and see how the election plays out. Jonathan read just one word in there that I said that I really want to emphasize for the audience. You don't want to get in a trade war with a dictatorship. No one in China China is worried about their their approval ratings in government in this situation. Donald Trump is the one who has political risk. It's but it you know we're not sure whether she wants trump out of there because he's so easy to manipulate that he might WanNa do trump a favor and come up with some kind of a deal because he could have his hands full with President Warren or President Biden or somebody else was not as much of a sap and not as out of his depth in these negotiations and mark there is after all a Republican publican primary now in the states that are allowing. Republicans say allowing a primary elections. I I would expect the other. Republican candidates to be making as much of this is they possibly can and in certain situations in certain states some of them might even get a hearing on the trump trade war then some of the Democrats get yeah good point the irony in all of this at least from a political perspective. The president is that the damage that trade towards is creating is mostly in those parts of the country that have voted very heavily for the president think about that agriculture the farm sector of course presents trying to mitigate the fallout of the trade right were by sixteen billion dollars in aid but that only goes so far and of course manufacturing I mean he was all about manufacturing and this is manufacturing on the front line. China's trade war is starting to it's. It's in recession and starting to lose jobs so I know this is really hurting. The parts of the country that voted for the president in the last election and one thing Jonathan President obviously doesn't understand about agricultural markets is that farmers aren't looking at a four year horizon. They're looking at a lifetime horizon and they're looking at horizon which many of them hope that their children will be running the farm after them that means market's having having a market matters to them much more than getting a government handout because their market has been cut off and wants a market is cut off it means. It's been the source for that. Market's been replaced by some other country right so remember. The farm belt is the only place that trump has shoe supporting seventy five percent in some of these areas so any kind of erosion. There is really damaging to him. Politically and your point is spot on just to go to a quick Carter administration example when the Soviets invaded Afghanistan Carter over Walter Mondale vice-presidents objections imposed a grain embargo drying up roll those Russian markets and farm us sending grain what happened Democrats get killed old for twenty five years and they're still suffering from you can go when people will still be talking about the nineteen eighty grain embargo because it's their livelihood so if you wreck those export markets as you're as you're discussing there can be really long term consequences for Republicans and mark talk

Donald Trump President Trump Jonathan Altruism Mark Zandi United States Barack Obama China Xi Jinping President Warren John Mccain Economic Adviser London Msnbc Moody
News in Brief 03 September 2019

UN News

03:38 min | 2 years ago

News in Brief 03 September 2019

"This is the news in brief from the united nations renewed warnings of deadly destruction in the bahamas caused by our dorian have been issued by u._n. Agencies and partners says who said on tuesday that they're wide for every single person in its path in geneva jens locker from the u._n. Office for the coordination of humanitarian affairs or archer said that initial assessments from grand bahama and the aba islands where the storm made landfall rather catastrophic as we heard it made landfall in the abacus sir island's population there is a little more than seventeen thousand people concern for all of them is now the grand bahama. The population is about fifty one thousand often people we are concerned for every one of them pacified initially as a category five hurricane at the weekend when it hit the bahamas with wind gusts of over three hundred and twenty kilometers per hour dorian has now been downgraded two notches but it still has the potential to be deadly regardless of its rating you whether experts have warned amid reports that some thirteen two thousand homes have been severely damaged or destroyed initial assessments carried out by the world food program or w._f._p. With the carribean disaster management agency and other humanitarian keren pompous indicate that abbott likely required food for more than fourteen thousand people and grand bahama for more than forty seven thousand the people of yemen have been subject act to numerous possible war crimes in recent years including forced recruitment of children and the bombing of a cholera treatment center. You and appointed experts said on tuesday stay in an appeal to the international community to do more to end the conflict between the government and hutu forces the right specialists insisted that there had been a pervasive lack of accountability ability for these alleged crimes. They also said that assessments that many thousands of people had been killed are likely to be a gross underestimate. Here's international expert melissa parke speaking to journalists in geneva. We've had incidents this year where the coalition has has struck an m._s._f. Cholera caller a treatment center just prior to it opening for business so taking that out of action for the year and we've had both sides of the parties to the conflict actively impeding the delivery of cholera vaccines to the population v._m. The panel which reports to the human rights council also insisted that missiles s. strikes and snipers target people going about their daily business giving the impression that no win yemen is safe and finally the united kingdom could lose close to two a billion dollars in exports unless moreover trade deals are concluded before brexit will the day the u._k. Plans to leave the european union according to new research from you and trade body doc tat although some bilateral deals have been done with several countries which would allow the u._k. To continue with preferential access to the huge market about twenty percent of u._k. Nani you exports are at risk facing higher tariffs from countries such as turkey south africa canada and mexico. The unctad research published on tuesday says that if more agreements are not concluded by exit day it could cost the u._k. Economy almost two billion dollars with sectors such as apparatus textiles motor vehicles and processed assessed food products facing higher tariffs losses could be as high as seven hundred fifty million dollars in the motor vehicles sector alone unctad estimates these outcomes pale in in comparison to the export losses that the u._k. Will experience in the market in the case of a so-called no deal brexit tat's research indicates that would result in u._k. Losses of at least <music> sixteen billion dollars representing an approximate seven percent loss of overall u._k. Exports to the u. daniel johnson u._n. News.

Grand Bahama Bahamas Dorian Cholera Jens Locker United Nations Unctad Melissa Parke Yemen U. Daniel Johnson Geneva European Union Keren Archer South Africa Abbott
"sixteen billion dollars" Discussed on WMAL 630AM

WMAL 630AM

01:33 min | 2 years ago

"sixteen billion dollars" Discussed on WMAL 630AM

"So that's president speaking on the south lawn as you may recall tariffs were to be imposed on September first that being tomorrow the president was asked if those terrorists or on or off and they're still on with the terrorists again so they give values there they're pumping money is I will not very much for your reply do we take it in the billions of dollars I gave the farmers sixteen billion dollars which makes them totally whole long John that's what China's president good here I gave you give it a five because they were targeting the farmers were targeted by China so which are much more than sixteen billion dollars by a factor of a lot I've given the farmers sixteen billion dollars the farmers are very happy and they want me to continue this fight they want me to win the fight I would win the fight we're having conversations with China leading this schedule falls I guess the meeting in September is continues to be on it as if we cancel we'll see what happens a lot of a lot of ways a lot of companies of left China add a lot more leaving and the they are not doing well having the worst year they that I understand the sixty one year a lot of years.

president John China sixteen billion dollars sixty one year
"sixteen billion dollars" Discussed on KSFO-AM

KSFO-AM

06:57 min | 2 years ago

"sixteen billion dollars" Discussed on KSFO-AM

"People that we can't afford a tax cut but we can't afford sixteen billion dollars by the way this computer training yeah you're coming through your cars that come in for your your plane trips that come in for your your conditioning they're coming you know did you see how they want to set the thermostat at seventy eight degrees the same save energy and the wonderful thing in the summer really I mean either commanding control Stalinists who wanna you wanna help influence and impact and control over every aspect of your work that's when it all comes back the power these are people who know better watch for you Brian and you know what's better for yourself though the informality stay could you please explain to us what's going on with our relationship with China China is now going to impose tariffs they say on seventy five billion dollars of US products you could explain this better than anyone see what's happening well what's happening at the Chinese you know the Communist Party is taken back control of the Chinese government about the very sad development because you know they for twenty five years of marching away from ours and not by the way now killed two hundred million people their own people is probably the greatest pleasure in human history and the check out wing of the party is back in control and it's extremely frustrating because they you know they are moving backwards in the March towards freedom and the mark towards free markets and you see that by the way with what's going on on clock I met with you know make cocktail was our sectors state great god by the way my tent there's a superstar and he was saying you know he was really worried that that that that Chinese are gonna bring and there are one of the columns the the liberation the freedom fighters in August I would love to see trump and the American government and all Americans really get behind that these freedom fighters and Hong Kong because you know and that's it's just appointed me a little bit that that that trump has not shown so more support for those out you know dissidents and Montcalm who are basically saying we want our freedom we don't want to under communist China control you know that Hong Kong as a four times higher living standard per person China does because they have free markets and and China doesn't great points grade point okay here we go hello your liberal socialist friends if it's so wonderful lies in Hong Kong four times good night you know how I'm going up nothing they have no resources right through the tiny little island and right now but I was there twenty years ago every every crowded that missile little tiny island China you know geographically as Tom thousand times bigger they have resources they are bland at back then of course there is no other country that is that is much poorer south out of I am disgusted by this but a little bit of this just kept for cat I mean I think that I still think we're gonna get a trade deal with China it would be Ameritrade it would be in our interest and I would would benefit both countries no question about it so I'm still hopeful by the way if you get that trade deal done with China all this talk about recessional go away instantly three to four percent and that that also have statement I think as we speak fed chairman Powell is speaking out and not out in that where is he is in Wyoming and and the resort town of Wyoming anyway he's giving us big speech number is trying to figure out what he's going to deal with trump trump is right the fed has the idea is that you lose some money so we get more money into the economy okay let's talk about Joe Biden he really thinks this is a winning issue he wants to raise capital gains rates back to thirty nine point six percent well you're just build good news today are thing I mean I yeah buddy I I think I told you this last week when I was in your studio it I've I've watched most of the democratic debate so far and I've sat through it and you know a bit about fifteen twenty hours I've watched my job I have to listen to the yeah I literally I don't think I've heard one good economic ideas fifteen twenty hours I it's all you know raise taxes redistributing come give people stuff for free war socialism I mean I don't know bride have you heard any good ideas out of these people you think out of twenty people on the stage talking each her you know trap on our your one or two good ideas and all your stuff that would would cross the economy in that case you know to by the way they're also soap or if I business you know what speed the drug companies are are villains the insurance companies are bill and the US this company that can operate by the way profits are evil free enterprise people and what we have to do is take from the people out and give to the people who were you know if the socialist Dr right from each according to their ability to each according to their needs Hey that's worked well as history Steve I can tell you're in an airport where are you where are you going I I you know I have a tough job I'm going up to the boat Debo Colorado for the steamboat institute conference which is great because you heard the Aspen Institute conference that's a bunch of like eight hundred liberal to fly by the way who fly in on their private jobs and what about global warming right yeah so we actually agreed at the Aspen Institute which is the conservative alternative to to be out to the abstinence is the C. about it I'll be out there for a couple days doing and about guess what I'm debating later this afternoon always a global warming socialism versus free market capitalism kind of the same thing sort of the same thing Steve safe travels to demand presage a bear with us as always have a great one bye and have a great weekend by the I. department homeland security has announced new rules families across the border together will stay in detention together unless their cases are resolved now if these new rules going to affect illegal immigrant kids will no longer be separated from their parents after twenty days which has happened since the nineteen ninety seven forays agreement there will be no more family separations folks liberal should have been ecstatic when celebrating massive fireworks display tional lit up the skies over every sanctuary city in America instead they they are furious they are threatening to go to court over these new rules because one of their biggest immigration scams is about to be blown up illegal immigrants have game the system for years with Democrats helped thousands of families flooded the borders knowing that if they overwhelmed our agencies their kids would be released after twenty days in many cases the parents were also released and then promptly disappeared into the shadows the game was called catch and release well now the game might be over and they can't say trump is separating families which is what they really want to be able to say so they're mad as hell that the situation is going to be better for the kids Hey folks if you can find the time to do all those small jobs.

fifteen twenty hours twenty days seventy five billion dollars sixteen billion dollars seventy eight degrees twenty five years four percent twenty years six percent
"sixteen billion dollars" Discussed on Biz Talk Radio

Biz Talk Radio

04:00 min | 2 years ago

"sixteen billion dollars" Discussed on Biz Talk Radio

"And then Bloomberg last you know this this mayor communists quite frankly has destroyed the city in the in the five years he's been running it still the Bosnia and Rudy Giuliani I mean obviously New York City it was just you know it was one of those things you have the red light district these all these things happening and then Rudy Giuliani took over he said no morning really did try to clean so much of what happened there there's a marked difference stores will tell you citizens will tell you and and then build of Lazio now things it's on you know backwards a bit we're talking about New York City when it comes to Baltimore you know pop culture anyone who's seen the wire and know some and you know some of these things have become popular culture Larry and there there is truth to and that's how it happens and it's not just Baltimore there many cities where there's corruption it rode into station the threat of disease Los Angeles and San Francisco right now and president trump just pointed out so many of these democratic cities that are run by Democrats are the ones that are in their state failing so miserably and and it's a scary thing for residents and you know torso like I guess well truck trumpeted given Baltimore sixteen billion dollars more than Obama gave okay so sick in just the time president Obama's been there and he he said where is that money where is it gone what is a gun and that's a credit to question you know they they always want more more more to help poverty and the only people there helping or themselves and their cronies you know at the end of the day these these members of Congress get wealthy well I did they do that where does the money go it certainly is not going to help the poverty because the poverty keeps getting worse the whole war on poverty is it's been that way there if you know the the more government gets involved the poor people get you know I'm going to talk with your Justin to give a little tease for our viewers in a few moments after the break about democratic presidential candidate Tulsi Gabbard she is suing Google over add account suspension and I know you have a history with that because you have helped other people who are running for office it as areas levels I'm trying to deal with with things like this and there is one of the headlines someone to ask about that a moment before we do that because we got a break coming up and you've got about a minute and a half later just to be clear you want to sound off on I don't know the squad that cool name they've selected for them or just the democratic presidential candidates in in general but I certainly loved it they call themselves the squad because what they've done is they've just put a target on their back you know they they just gave us something to aim at frankly you know they deserve to be aimed at the this what is is a horribly socialist racist bigoted group of people and they deserve you know the score of the of the American people think quite frankly I think the more they speak it is the more they're insuring a twenty twenty victory for president trump and sent for the Republicans some people said they are his best asset his best campaign strategy yeah right absolutely absolutely they are and and you know quite frankly they they are they're disgrace I mean they just simply a disgrace you know Omar allegedly as married her brother and then potentially other people for fraudulent cheated on our taxes cheated on immigration yeah yeah Hey see you know or horrible green deal all of the campaign finance violations that she already has in our first term and as a as a member of Congress side Dan factors group is things exploding you know all the FEC problems yes these women are are bad news it is heartbreaking you think that someone lives mark came over here from small your rights and had all these these benefits and the USA the.

Bloomberg sixteen billion dollars five years
"sixteen billion dollars" Discussed on 860AM The Answer

860AM The Answer

02:33 min | 2 years ago

"sixteen billion dollars" Discussed on 860AM The Answer

"The o'reilly update brings you something you might not know the second year in a row the U. S. government is set to borrow more than one trillion dollars the treasury department confirming this week they will need the money to keep the government running for the rest of two thousand nineteen total projected spending for this year alone more than four and a half trillion dollars a record so where is all the money going well first the funds are directed towards quote mandatory spending money Congress passed the pet as part of federal law more than one trillion in mandatory spending goes to social security along Medicare costs another six hundred forty five billion dollars Medicaid four hundred nineteen billion that is where most of the tax money goes the rest about six hundred seventy billion dollars in things like food stamps disability benefits various entitlement programs for people who are struggling with basics like food and house mandatory spending represents more than half of the federal budget more than two and a half trillion dollars in total next is discretionary spending money Congress appropriates fund various agencies within the federal government the biggest chunk of that spending goes to the defense department seven hundred sixteen billion dollars apartment of health and Human Services is next they spent a hundred billion veterans affair about eighty five billion education seventy billion state department fifty five billion department of homeland security forty eight billion all in all Congress will spend one point three trillion dollars in discretionary funding last issue we seldom hear about these days the national debt with the total public debt right now about twenty two trillion dollars the budget office estimates that interest payments alone we'll be close to four hundred billion dollars this year the interest will be close to five hundred billion in two thousand twenty it all there are many programs that are worthy of our tax dollars but the spending is definitely out of control unless Congress is willing to make dramatic cuts future generations of Americans will face economic catastrophe we'll be right back.

treasury department Congress Medicare o'reilly trillion dollars six hundred forty five billion seven hundred sixteen billion six hundred seventy billion do four hundred billion dollars twenty two trillion dollars three trillion dollars one trillion dollars
"sixteen billion dollars" Discussed on Newsradio 700 WLW

Newsradio 700 WLW

03:52 min | 2 years ago

"sixteen billion dollars" Discussed on Newsradio 700 WLW

"W. nine oh six this morning helps with the oil does people a lot of good on her hearing about a way to lose out there and the reason the trial try it and I what's your name is Lynn Patton and go back to her I don't mind the occasional racial slur that should bother me demi glace do you mind the occasional racial slur I don't mind when Patton cores and she's she's black works for Ben Carson and the she responded to a tweet by build Lazio your mayor of New York Lazio addressing trombonist week goes as follows al Sharpton Elijah Cummings Ilmar Alexandria Kasia Cortez I other Presley was she to tie a Maxine waters John Lewis Fredricka Wilson Barack Obama is this really your campaign strategy attack as many people of color as possible you are a disgrace to build Lazio when Patton response to him no because he also attacked your lame white **** for the exact same thing as the above non white politicians have done for their districts which is not a it was on sale present gave Cummings over sixteen billion last year for his district alone that's when she goes that and where is the thirty million to New York Housing Authority going I think it's funny he's kind of feisty I like feisty feisty is a good thing earn the what was the other one in western hills Viaduc never mind hold on one more couple emails on the subject is Mike Democrats feel is never enough money for their programs a presidential candidate once a week candidates want even more how much more can they squeeze in the people who are out working jobs the only person asking for accounting of all the taxpayer money bureaucrats of sucked out of the economy but finishes with dear ministry to so offensive must impeach the guy I assume it's tongue in cheek and the office of accountability somebody's that will be in charge of looking at the money I want the office of accountability with a fine tooth comb to look at where the money goes the one last time you know if money is given to a private industry and somehow miss used or something you hear about those but you never hear about the money that goes into districts and how it is actually spent we each member of Congress should have somebody on staff who make sure that grants go where they're supposed to go and then I spent on what they're supposed to be spent on because that's a staggering figure for Baltimore if you're just tuning in the amount of money federal grants that went to a larger Cummings districts the district Justin twenty eighteen was sixteen billion dollars which works out to three hundred and seven million dollars a week to spend just from the federal government then they get they get state of my own money and bring in their own money on top of that that's I would love to know where that money went and I think when Pat is probably one of those to be pretty good at trying to find out if you know what I mean on this subject one of one more gas and it's on the flip side of this this news update there are counter tops on the least once before on the wiki might be able to finally get around to addressing questions like that all this money being sent to alleviate poverty where is it going because right now if you even suggest of it's an inner city have you been suggests the poverty exists your call racist and maybe we've gotten past that hurdle or maybe we're in the process of getting past that hurdle in the address that issue and I'm happy to to so we'll do that following the latest in news and a Bloomberg update it's eight thirty news time newsradio seven hundred WLW.

sixteen billion dollars seven million dollars
"sixteen billion dollars" Discussed on KOMO

KOMO

02:42 min | 2 years ago

"sixteen billion dollars" Discussed on KOMO

"News center a pair of Republican state lawmakers say governor Inslee is to blame for problems within the state department of corrections those troubles lately have included the deaths of three inmates more from Kamose core when Hank state senators Mike Patton of the Spokane valley and Keith Wagner of zero Willie say a failure of leadership at the highest level is responsible for years of DO see problems the latest is the revelation that poor medical care at the Monroe correctional facility may have caused the deaths of three inmates then Patton says there's the well publicized scandal involving the early release of thousands of inmates over thirteen year period one of the most terrible scandals and malfunctions of government that we've ever had had in and Wagner see the governor's office quashed a bill that would have enacted DO see reforms a spokesperson for governor Insley tells The Seattle Times numerous Yossi reforms are in the works including establishing a new medical review board sh Corwin Hey komo news there is a citizenship question on the census bureau survey that some American households are being asked to fill out the Everett Herald top with one woman who got the survey last month from the census bureau eighty two year old eve Dietrich tossed it out she thought it wasn't legit but after two more letters came with stern reminders her son went online found out she did have to fill it out it's not optional required by law they want all the typical stuff like name birth date gender race and then the final question on some of those is this person a citizen of the U. S. that's a question president trump wanted on the twenty twenty census used to be a time when you could answer questions like that very easily they used to be a time when you could proudly declare I am a citizen of the United States four hundred eighty thousand households nationwide were selected for the twenty nineteen census test half were asked that citizenship question the other half were not almost Carlene Johnson reports the purpose of asking citizenship is to measure if that keeps people from responding when the official twenty twenty census is conducted the citizenship question though won't be on the twenty twenty census no matter the results Washington state farmers have been pulling in some serious cash thanks to a federal program aimed at softening the blow of America's trade wars Kamose bill o'neil has more the Olympian reports Washington farms and dairy seven paid about fifty million dollars by the feds under a program designed to help them weather would become uneasy times in all the USDA says about sixteen billion dollars we paid to American farmers this year trump administration terrace and a number of imports of an answer in countries such as China and Mexico with terrace of their own on a number of American goods the first round of payments went out last year under the program covering products such as dairy weeping cherries hello Neil komo news coming up on come on it was after we check traffic.

sixteen billion dollars fifty million dollars eighty two year thirteen year
"sixteen billion dollars" Discussed on KOMO

KOMO

01:38 min | 2 years ago

"sixteen billion dollars" Discussed on KOMO

"S. T. A. this is about sixteen billion dollars we paid to American farmers this year trump administration terrace and a number of imports of an answer in countries such as China and Mexico with terrace of their own on a number of American goods the first round of payments went out last year under the program covering products such as dairy wheat in cherries hello Neil come on if there is a citizenship question on the census bureau survey some American households are being asked to fill out C. Everett Herald top with one woman who got the survey last month from the census bureau eighty two year old eve Dietrich tossed it out she thought it wasn't legit but after two more letters came with stern reminders her son went online found out she did have to fill it out it's not optional required by law they want all the typical stuff like name birth date gender race and then the final question on some of those is this person a citizen of the U. S. that's a question president trump wanted on the twenty twenty census used to be a time when you could answer questions like that very easily they used to be a time when you could proudly declare I am a citizen of the United States four hundred eighty thousand households nationwide were selected for the twenty nineteen census test half were asked that citizenship question the other half were not and it's cold calling Johnson reporting and she says the purpose of asking citizenship is to measure if that keeps people from responding when the official twenty twenty cents is conducted the citizenship question won't be on the twenty twenty census however an exchange of gunfire let the man injured as he carjacked a couple in a jury and drive through line in Normandy park near a hundred fifty eight and First Avenue south either a screw Sean was working nearby and Siberian police quickly catch and arrest them and surprisingly you know we're watching her from.

S. T. A. China Neil trump United States Johnson Normandy park Sean Mexico C. Everett eve Dietrich president official Siberian sixteen billion dollars eighty two year
"sixteen billion dollars" Discussed on KLBJ 590AM

KLBJ 590AM

04:28 min | 2 years ago

"sixteen billion dollars" Discussed on KLBJ 590AM

"For delivery drivers admit to tasting your food before they delivery well and with popularity being able to order your food through food absent just post mates door dash uber eats increasing a new survey has been done that reveals wanting for delivery drivers say yeah they stick their finger in it they put their lips on it they taste it fifteen hundred people surveyed at twenty eight percent admitted to grabbing a bite from your order also seventeen percent of customers have said that delivery drivers will leave the food at the door and bail without even knocking or ringing the doorbell eighty five percent of people surveyed said that in order to solve this problem of delivery drivers snacking on your food they would prefer their food to be in tamper resistant containers I would too I I don't want a pepperoni pre licked this is never have never have never had never have you been very vocal about that for years years years this is bad news for for all restaurants yeah just deliver but all restaurants in this is a burgeoning industry mandated it's exploding yeah you've got Faber you've got over eats on on on very popular yeah and it yeah you know what I do want to face I want to see the person that is delivering my food because if there is some kind of an issue maybe not all the time I mean not all the time but you know you know upset but I mean if I want them to be accountable you know if if if there is an issue I want to know who I'm dealing with fault there's an issue I'm not using them ever again yeah if an over each delivery driver if I think he's mocking with my food then I will never order through breach again Brian ever that's right that's how it works that's just that's how capitalism works you just don't do it I mean come on it I understand the temptation that's their business drive in food around real bad I get hungry so I can have little brisket six thirty nine to get that story on the front page of my linkedin account at Todd Jeffries one update you on this ongoing feud involving Baltimore it sure was beautiful yesterday saying the Democrats come out and defend the murder capital of the world Baltimore Maryland yeah true dump I mean literally there are sections of Baltimore that are just almost third world countries that's what Bernie Sanders says that's what many people that live in the community say right sure are and not you know president trump you should send tweets you know Tallinna talking about Elijah Cummings the represented from those that district talking about specifically Elijah Cummings district tweeting that its rat infested road infested nobody wants to live there and of course that was seen as racism yeah because it was something that was you know different than what other people have been saying it was insulting to rats yes so your president Barack Obama just give you an idea I'm sorry Donald Trump just give you an idea of what has happened in that city over the past couple of years Patton is the regional administrator with the department of housing and urban development she was on fox last night defending the president talking about Elijah Cummings district specifically this administration and I want to say this expressly to marry young and Michael Steele and al Sharpton who today called out the president and said let president trump put his money where his mouth is well boys and girls I have a message for you president trump has given sixteen billion dollars in two thousand eighteen alone to Alisa Cummings district and federal grants we have given more money and homeless fines to Baltimore than the last administration we have given more money in community development grants the last administration the Baltimore my question to you guys is this what do you actually doing with the money so that it benefits residents in the community for once instead of deep pocket okay politics and I know we're going to get there you go now let let's be very clear nobody gives a rip about Baltimore to the president issued those two weeks now nobody was talking about the tragic and horrible conditions folks were living it until the president started tweeting about it nobody was talking about either way if you like Baltimore not nobody talked about Baltimore last time I talked about a lot more was nineteen ninety three so we lie should Cummings chucking Nancy the DNC you can shut the front door where did the sixteen billion dollars in aid go what have you done with that city sixteen billion dollars six forty two here on the try to don Shashi us.

sixteen billion dollars twenty eight percent eighty five percent seventeen percent two weeks
"sixteen billion dollars" Discussed on KQED Radio

KQED Radio

03:40 min | 2 years ago

"sixteen billion dollars" Discussed on KQED Radio

"Tweed and story they're also looked into the stories of the seven other women who came forward after tweeting that's coming up on fresh air first news live from NPR news in Washington I'm Jack spear the justice department says it plans to resume the use of capital punishment at the federal level is NPR's why Lucas explains Attorney General William Barr is also directed officials to schedule the execution of five inmates on federal death row the justice department says bar issued a directive to the bureau of prisons effectively clearing the way for the federal government to resume its use of the death penalty the department says the first of the five scheduled executions will happen in December with the others to take place in the days and weeks to follow and adds that the executions will be carried out at the federal prison in terre Haute Indiana more will be scheduled at a later date bars decision marks a change of course for the department the last time the federal government executed a death row inmate was in two thousand three since that time an informal freeze has been in effect as officials review the use of lethal injection drugs to carry out the executions Ryan look is NPR news Washington following north Korea's latest launch of missiles you and secretary general Antonio Guterres is calling for the swift resumption of working level talks between Washington Impian Yang the ones deputy spokesman citing concerns over escalating tensions after president trump a north Korean leader Kim Jong owns meeting at the demilitarized zone in June where they agreed to continue talks south Korea's as at least one of the two weapons fired by North Korea appears to be a new type of short range missile at the swearing in of new defense secretary mark asper at the Pentagon today president trump counted the big hikes in military spending under his administration bears Greg my areas more president trump said the military budget has reached a record seven hundred and sixteen billion dollars this year and we'll go even higher next year we are insuring American dominance across every war fighting domain land air sea cyber and now space at the same time trump is seeking to scale back U. S. military involvement in three long running conflicts Afghanistan Iraq and Syria these challenges now fall on mark esper who easily won Senate confirmation as defense secretary on Tuesday Jesper will also have to deal with the ongoing tension involving Iran the US is attempting so far without success to build a coalition to protect oil tankers in the volatile Persian Gulf Greg my re NPR news Washington for the major auto makers of signed a deal with California to lower greenhouse gas emissions by working to improve gas mileage the agreement in essence bypasses plans by the trump administration to freeze fuel efficiency standards of twenty twenty one levels the agreement involves Ford BMW Honda and Volkswagen was rich with the California air resources board which has been at odds with the trump administration over fuel efficiency standards for months stocks are traded from their recent run ups the Dow Jones industrial average down a hundred and twenty eight points to twenty seven thousand one forty the nasdaq closed down eighty two points this is NPR from KQED news online Tiffany cam high a federal judge in San Francisco is allowing a pair of cases to move ahead challenging the U. S. government's approach of issuing visa waivers under the travel ban on several Muslim majority countries KQED is Chloe Bowman reports these applicants from countries like Syria and Iran say the US government's decisions including many denials taking place in a black hole it seems like.

Tweed sixteen billion dollars
"sixteen billion dollars" Discussed on KQED Radio

KQED Radio

09:40 min | 2 years ago

"sixteen billion dollars" Discussed on KQED Radio

"NPR news. It's all things considered. I'm Cornish and Mary Louise Kelley. And we begin this hour with news of relief to many Americans suffering for different reasons. There's the disaster relief Bill that has been making its way through congress. President Trump says he'll sign it even though it doesn't contain any of the border funding that he wanted. And then there's the sixteen billion dollar aid program designed to help farmers hurt by the trade war with China. The president announced all of this at the White House, this afternoon, and PR's White House correspondent Tim Keefe was there and now she's here to help us untangle at all. They're him. Hello. So is the aid package to farmers connected to the disaster aid Bill is this timing coincidence, it is a coincidence. In fact, if the president was asked about the disaster Bill at the end of this event with to talk about aid for farmers, but they are connected in one way, which is that the president wants to help farmers and a lot of farmers. A lot of farm states have. Been really affected by various natural disasters including flooding. And, and then they've also been very severely affected by the trade war with China and the tariffs, the retaliatory tariffs that came along with that. And that is where the sixteen billion dollars comes in. Okay. Well, let's zoom in on the sixteen billion dollar program for farmers, which follows a separate bail out last year. That one was for twelve billion. Is what the president is telegraphing Harris that they're settling in for a long trade war with China. He even said that he doesn't have to have a deal with China, that he would be okay if they didn't have a deal now, I don't think he really would be okay if there wasn't a deal, and certainly wouldn't be okay, but the president is trying to project that it's all going to be fine. And that he is taking care of a very important constituency that is that is farmers who are being hurt by the tariffs. Now. How would this work the, the money would come from tariffs that the that the president has implemented put in on a bunch of Chinese products that brings money into treasury, though? The president says it's coming from China almost all economists, including one that works for the White House say it's the other way around that it's coming from US consumers some of that money, relatively small share of it would then go to farmers who've been affected by the retaliatory tariffs. Well explain why this money is. Going just to farmers, not to be unsympathetic to their plate, and how they've been affected by this. But there are a lot of industries that have been hit hard by the tariffs. Well, President Trump has long been very focused on farmers and farm states in part because he feels and, and I think there's some reality to it that they were an important part of his election win in two thousand sixteen and because of that he says that and it's true that China has particularly targeted things like soybean farmers or corn crops, that are in states that the president pays a lot of attention to hear. He was they've been very, very brave. They'd been very patriotic, but China has openly, say they're going to use the former the reason is because I got the farmers vote, you look at a map, it's all red meaning Republican. Meaning Trump is all red in the middle states, as you know, a little blue here a little blue there, so far. So if you look at China's probably definitely. Mark player. They went out and they said, we're gonna attack the farmers and they did. Tam. I do want to ask about the timing of this, because this, the president about sign legislation passed by congress, including by Democrats in congress comes just today after he said he wasn't going to work with congress so long. Those congressional Democrats were investigating him and his administration. He seems willing to work on some things like this disaster, Bill. He wants them to ratify the US MCA trade agreement, but he's also gotten into some name calling and very personal comments about Nancy Pelosi. He is not over the this, this impeachment talk. All right. That is NPR White House, correspondent tamra key. Thank you. You're welcome. So what does this aid package? Mean for US farmers to get one perspective. We reached out to Blake Hearst. He farms corn and soybeans. He's also president of the Missouri farm bureau. Welcome to the program. Welcome to you. I'm glad to be here. Thank you. So before we get to today's aid package. I wanna get a sense of how farmers in your area are actually doing right now. Can you describe your community and what you're hearing from people? Farm in on earth, west, Missouri, actually furthest north west county. We're about ten miles river bottom, so, I guess, headline news of this spring is just tremendous catastrophic flooding. So the all of the mid west suffering from excess rain late planning area, many problems in that. So it's been a tough spring, so into that now is idea of more aid is this helpful is good news, considering what you're you've been describing. Well, certainly is I mean, impressive by saying, all of us any pharma when much rather received his income from oil functioning market. But we've been faced with the market that isn't working because of trade disputes, and that is that is manager ministry in farm income and tremendous financial pressure to those of us who arm. So this is going to help. At the end of the day terrorists are some argue attacks on the US consumer, right? Where the ones who end up paying for it is there. Support for President Trump is handling the back and forth. China is been quite interesting. So China's spent a tremendous customer on rapidly gone customer for your savings on they've been intermittent customer for, for corn, some years there in the corner market, most here, sir. Not they've been no customer and all for on US meat a pork and beef. And so, so you're saying as cattleman are basically saying looks treated us unfairly for years. We had to do something on so the producers saying how they treat us unfairly for years. But I sure do need that market. So you're actually seeing a little bit of drilling strong. Support on for this policy amongst, particularly livestock producers and fairly strong. Support amongst all farmers. Although I have to say the financial stress on producers maybe weakening that support, but people have been pretty patient. You mentioned financial stress. What about the emotional toll? This is taking on farmers. I was meeting with a friend of mine farms here in central Missouri, where I am now and he says, you know, he said my family's on this farm front, and sixteen years, he said, I don't want to be the generation that loses it into farmer. That's really a sort of a point powerful statement because we all do feel you know, many of us got our star, because our grandfathers are fathers farmers, whether whether you find that sort of romantic or, or not, it's important to us, and the feeling that we have been given responsibility to do improve the farm to, to keep the farm and handed on our children, just as father did is just an F. That is amazing strong on and farmers. Many of them are frightened that they're going to be the generation that drops the ball, other words. I mean, normal financial stress than any of us feel when we when we're disabled or job things mishaps can occur. Then add to it on that sort of way to generations, and yeah. Mental health question that's play. He's the president of the Missouri. Farm bureau is also corn, and soybean, farmers. Thank you for speaking with us. Thank you. Mcdonald's workers protesting in thirteen cities, today carried signs saying McDonald's, we need to talk. Those protesters were joined by four democratic presidential hopefuls in cities around the country who support their calls for higher wages and better protections against sexual harassment. One of the rallies took place outside the Dallas hotel, where the fast food chain held its annual shareholder meeting as NPR's Yuki Noguchi reports security, guards stopped, hundreds of McDonald's cashiers and cooks from entering the shareholder meeting, but just before that workers got a pep talk from Vermont Senator Bernie Sanders Sanders joined the protest, Dallas via video conference. He pledged to make it easier to unionize and demand. A fifteen dollars an hour minimum wage. We have to focus on the fast food industry. We have got the focus on McDonnell. You guys being exploiting. These protests began seven years ago, calling for higher wages at McDonald's and other fast food chains since then the movement has added to its list of workplace grievances, and is winning support from democratic presidential hopefuls, Washington. State. Governor Jay Inslee joined the protest in Chicago, who Leon Castro, the former secretary of housing and urban development in durum and New York. Mayor Bill de Blasio in Des Moines that attention is encouraging Kimberly Lawson last year. She filed a complaint with the Equal Employment Opportunity commission, alleging her co worker, groped her. She says the company didn't address concerns, then she says.

president China President Trump US Mayor Bill de Blasio congress Missouri NPR Mary Louise Kelley White House correspondent Tim Keefe White House Missouri farm bureau Equal Employment Opportunity c NPR White House Governor Jay Inslee Nancy Pelosi McDonald ten miles river
"sixteen billion dollars" Discussed on WJR 760

WJR 760

01:51 min | 2 years ago

"sixteen billion dollars" Discussed on WJR 760

"Elliot Francis. President Trump has ordered that sixteen billion dollars in payments be made to American farmers who've been hurt by the trade war, and China. Bob Costantini reports. Help for farmers is needed the result of retaliatory tariffs on US goods spy, China and our farmers will be greatly helped. We want to get back to the point where they would have had if they had a good year, the president sending a core constituency of his own lifeline in the form of payments for farmers who can show they've lost substantial income because of the trade war, soy beans are especially hard hit for the second year in a row Davey Stevens, president of the American soybean association and himself a former from Kentucky was on hand to lend his support for the payment program. Bob Costantini, Washington. House speaker, Nancy Pelosi suggesting an intervention with President Trump this after vowed not to work with congress unless Democrats stuff investigating him. We'll see described a pattern of stunts by Trump. To change the subject following investigations unflattering news about him. Disgraced movie producer. Harvey Weinstein has reportedly reached a forty four million dollar deal with some of his accusers. Sierra Crawford, tells more. The agreement is finalized, the Wall Street Journal reports. It will resolve a civil rights lawsuit filed by the New York attorney general's office that accuses everyone seen in his former film studios board members of failing to protect employees from a hostile work environment in his sexual misconduct. There have been several sessions aimed at reaching do where women from the US UK and Canada alleged six crimes against Weinstein dating back twenty five years in the company's board members help facilitate his actions, this proposal, however would not affect the ongoing charges against him in the Big Apple that trial starts in September. I'm Sierra Crawford effort is underway for a four year old who was swept away in a swollen creek and western Indiana responded to say it's unclear how the gut.

President Trump president Bob Costantini Harvey Weinstein Sierra Crawford US Elliot Francis China Davey Stevens Wall Street Journal hostile work environment Nancy Pelosi American soybean association Apple New York Indiana Kentucky congress
"sixteen billion dollars" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:43 min | 2 years ago

"sixteen billion dollars" Discussed on Bloomberg Radio New York

"Hundred sixteen billion dollars over the next decade or so to take on Intel and Qualcomm in the business of making advanced chip processors quickening effort to take greater control of the global chip industry. The company aims to create fifteen thousand production and research jobs over that period to become the world leader in a field dominated by its US rivals Samson currently leads the market for the memory chips used in devices from servers to smartphones have more on that story as it to former quieter Perkins partner and Morgan Stanley analyst Mary meeker is starting a new one point two five billion dollar. Venture fund the longtime Silicon Valley veteran known for her annual internet trends, presentations, co founded venture firm bond capital after leaving Kleiner in September that who fund disclosed in a securities filing gets more than double the size of our recently announced fund from Kleiner maker previously. Let. Vestments for Airbnb. Uber slack for Kleiner. Returning now. Today's tech results. Facebook talk first quarter sales estimates. Posting twenty six percent revenue growth on a strong advertising business. Meantime, Tesla's first-quarter results weren't quite as upbeat the electric car maker missed revenue estimates and said it doesn't expect to return to profitability until the third quarter. Joining me lyrics, David Welsh in destroy who covers tesla, and our Bloomberg intelligence senior analysts tend to raw wall for some final thoughts. So tender what we just said about revenue growth has a copy, which is that three billion dollar the legal Bill that they are anticipating if they do settle with the FTC over this major privacy investigation, and that is a huge huge Bill given that the biggest prior fine from the was tens of millions of dollars. That said what's your take on continued revenue growth continues growth slow and steady stories on -sition is going well managing the price. Clients that happening stories odds are cheaper than news feed and the price declines will continue. But like we saw the Google volume of odd sort of like circumvents price clients, girls dot kind of transitions happening with Facebook. So the revenue coach will be fun as far as the FTC. She was concerned. I mean, it's three to five billion dollar. What was what the estimate in our litigating on this believe that it's signaling that it's nearing an end. It probably won't be litigated probably will be settled at some point. And they might have to agree to consent decree, but nothing disruptive to the core business model Sheryl Sandberg on the call. Just now Facebook COO saying there half a billion people using stories daily saying there's a lot of businesses on Instagram and on Facebook when it comes to stories the additional opportunities. She says is big. Yeah. So next two quarters of keep on funds issuing their new avenues coming online. Ecommerce is a big avenue and in the fourth quarter. Specifically, we know if they end up merging these platforms like bringing messenger, what's happening together. They have more stories inventory across the board. And basically, they could take that stories inventory and drive revenue growth, the head of speculations. So fourth quarter is looking good next. Two quarters is going to be gradual transition that they have been managing for the last quarter. Meantime, Facebook on the call getting questions about this big FTC fine. Take a listen to what the CFO just had to say. To be ongoing settlement discussions that. We're having with the FTC matters not resolved. So the actual amount. Of payment remains uncertain. However were estimating this range of speed three five billion dollars can't really comment further. This is an ongoing matter we booked at the low end of the range in accordance with the accounting. So the Bill could be three to five billion dollars. In addition, Bloomberg has just reported that Facebook is in the middle of several investigations by individual states, but also potentially working towards a settlement. When then unclear what penalties fines that could involve. You know, how does that a pet growth to the actually indicated that for the second half their ability target? Odds is going to be headman to revenues. So essentially, if they're more regulations that come online from the changes that they make to the platform it cooked sort of leg reduced their ability to target ads, but on the basis, they'll still be stronger out there. So we'll see how this pans out the FTC fight. But like, I said our litigation on this things that this isn't union. All right, meantime, Amazon coming up later this week, it's one that you watch closely. What are you watching for the have been conservative guidance for one qb given stood on international girl changing rule in India? We seeing some slow down in subscription service revenue as well. Because of the conservatism were says that was seeing from other tech companies. They should come ahead of that. But the the real opportunity for remains the prophet site. You know, so this is a high teens group story for for this year. And the prophet is surprise because advertising growth, ramping up an AWS continuing strength. What are you looking for when it comes to Amazon's international growth? I mean, they've run into some problems in India, certainly they are not the market leader in several other countries that are quite large. So right now, most of revenues coming from five countries US UK Japan in France. So they're scaling country by country, but India's is sort of the biggest investment outside the US long term play there. So there's running into regulatory issues with the very Mason. It's very early on and everybody will learn in the process and modify and then walk along that way. But. This is a longer term plant, the financial impact per se in the near term is limited. But longer term, I think they should be able to navigate like any other comments. Hi potential in other markets beyond the five that you mentioned absolute where India being. The big one that five ten years from now, it depends on how much investment skinning happens in these countries. Right. So if you have to look at their square footage for this group in the US has been the strongest so clearly over here, they have been skating business more outside the US. They're still rounding up. So it depends on like the potential to spend country by country. They can scale the business because without logistics without their houses without the whole supply chain, you cannot skill revenues. So it is a play by play process Trump from intelligence gender wall. Thank you as always been on Amazon coming out later this week Facebook, as we mentioned beating estimates on revenue and user growth, but of course, bracing for potentially three to five billion dollar legal Bill tesla missing estimates continuing to listen to both calls happen right now. Stay tuned to Bloomberg television for more. On earnings for this. Of our show. We are live streaming on Twitter as always you can check us out at technology and follow our breaking news network tick top on Twitter. This is Bloomberg. Had been beg intelligence from Beijing intended to chief Asia communist Oli insight into crucial industries today, and they.

Facebook FTC Bloomberg US India Amazon Kleiner Kleiner maker Tesla Airbnb Intel Twitter Mary meeker Sheryl Sandberg Morgan Stanley Qualcomm Bill tesla Beijing David Welsh
"sixteen billion dollars" Discussed on C-SPAN Radio

C-SPAN Radio

02:18 min | 3 years ago

"sixteen billion dollars" Discussed on C-SPAN Radio

"DOD budget. How how can you guarantee to military families and to our men and women of the military that none of the money that would be reprogrammed to a wall will take away from other technology other renovations construction that is desperately needed in our military. So John we had certain funds that are. Being used at the discretion of generals at the discretion of the military. Some of them haven't been allocated yet. And some of the generals think that this is more important. I was speaking to a couple of them. They think this is far more important than what they were gonna use it for. I said what were you going to use it for and I won't go into details. But didn't sound too important to me. Plus, if you think I've gotten seven hundred billion dollars for the military in year one and then last year seven hundred and sixteen billion dollars, and we're rebuilding our military, but we have a lot and under the previous administration our military was depleted badly depleted, and they weren't spending. I mean, they had a much less than a much smaller amount of money. So when I got seven hundred billion and then seven hundred sixteen billion and this year, it's going to be pretty big too because his few things more important than our military. I'm a big deficit believer and all of that. But before we really start focusing on certain things, we have to build up our military. It was very badly depleted, and we're buying all new jet fighters. All new missiles all do defensive equipment. We have will soon have a military like we've never had before. But when you think about the kind of numbers you're talking about. So you have seven hundred billion seven hundred sixteen billion when I need to billion three billion out of that for a wall, which is a very important instrument a very important for the military because of the drugs at Poran. And as you know, we have specific rules and regulations where they have a drugs, and what you can do in order to stop drugs, and that's part of the two we'll take it a lot of money from that realm also. But when you have that kind of money going into the military, this is a very very small amount that we're asking for. Go ahead..

DOD Poran John sixteen billion dollars