38 Burst results for "Street"
Fresh update on "street" discussed on Open Phones
"Take it takes 70 west around four South Take route four down to Harshman Road and take that over to Springfield Street. They'll take it straight over the museum and bill last weekend. We had a car should go ahead of traffic lights going to tear warrant. Yeah. Last weekend, we did a car show at Montes Military Museum, and it was outstanding. We had a display. There are multiple displays, really from From 9 11 and a fire truck from New York City and over 100. People showed up with their classic cars to help out a worthy cause and military museum even closer to home. Overgrowth Port has a lot of people that volunteer their services there to work with Warren Mods and Lori Montebourg as well, too. So we say thank you, so not only for the people that have served and you know, we remember those who have paid the ultimate price. But for those that keep the information going right now and act as volunteers. So thank you for doing that as well to Bill. We appreciate it, right. Well, we actually have a piece of the Pentagon from Danny 11. Don't accept it over here..
9 Minutes and 29 Seconds: The Derek Chauvin Trial
"Thirty pm on may twenty fifth two thousand twani at the intersection of east thirty eighth street and chicago avenue in minneapolis. Minnesota was the aftermath of something. Horrific that had just occurred there. Donald williams was calling nine one one of the emergency designing killing In front of chicago He is pretty noisy. Guy wasn't the rest. Yeah neck the whole time. I'll do ninety man win. Went by breathing was arrested. Nothing you've already made green light these stupid. If not responsible when the ambulance you're area cattle. Donald was talking fast. He would later say he called nine one one because he didn't know what else to do about what he had just witnessed. He told the dispatcher that he saw a police officer quote pretty much. Just kill this guy. Who wasn't resisting arrest. He had his knee and this dude's neck the whole time. He said officer nine eighty-seven referring to the officer's badge number he had seen. He said the man hadn't been resisting that he was already in handcuffs when the officer knelt on him pinning him down on the ground then. The man stopped breathing and was non responsive when the ambulance came he said. Would you like to speak with us sergeant. That would go. What a wasn't the rest for. Let me get you over to the best thing for thing. Don't be his own off. Duty firefighter day. Your washing it. As well jacob go the one person he told the dispatcher he had been standing there watching with a woman who was an off duty firefighter. That woman told the officer to check the man for a pulse. He said but the officer refused
Fresh update on "street" discussed on Coast to Coast AM with George Noory
"In fact, I had an unbelievable Um, opportunity about two or three years ago where, um, Wall Street. I mean, like NASDAQ, and and all these guys Got together and they wanted to talk about a I and finance and I was allowed to, um, just like real in and and hang out and see what was going on there. And the thing was that, like state didn't really know my work. They didn't know that I was a skeptic. And then I was like very much against all this stuff, and I read it like from a skeptical lens. And I watched this and I ended up writing an article about it called Because This is the funniest thing is that it was right before lunch. It was like two hours before lunch and a risk called the brink of war. Or these people talk, and I was like, Oh, my God. Like what? What is this situation and they were like, No, it's the brink of war. A I and finances changing anything. You'll never go to a bank again in the same way. You will never deal with the bank again in the same way, And in fact, if you don't have like a I, and if you don't understand, VR, you will never understand what's going on right now. In the financial world and the financial world. Uh, honestly, like Like deals with us all. So it was it was. It was a spooky. It was spooky encounter. It's on their on medium. Um, but that was There was not the first thing but what's wrong with that? What? What's wrong with saying you'll never do banking the same way again? Why? Why do we? Why do we care to keep doing it the same way? Well, the thing is, is that like banking is already a That kind of farce. And I kind of miss but throw like a I and robots. I mean, they were talking about Robos. They don't even call them robots. They call him Robos. Robots are the things where they call you up on the phone and they say, like it's literally a robotic voice, like, Hey, Don't worry about this. Hey, invest in that and that kind of thing so Kind of try to quell your fear or something like that. Or hearings. I itty and things. I mean, isn't but aren't we talking about a time when and we can all imagine it The very first time we walked up to an 80 M. And we said, No, I don't think so. I don't want to put my check in this little envelope box and he can we all remember a time when taking, you know, typing in money and getting it out of an ATM and we looked at our balance and we're thinking this is just this doesn't feel right. I want to go to a bank. I want to go in and see stale coffee and doughnuts and I want to And then, after Like about a year of going to an ATM, I started being suspicious of the tellers behind the counter and I started feeling like, Hey, wait. Where's my machine? I don't know you, you know, And I know you're getting paid minimum wage and you're hoping for some middle management bank job someday, but keep your paws off my check there. So here's where that's where I want to start with. I want to start with where Aren't we at the point of the are where we're really just getting good with it. Maybe not that different from smartphones.
Carlson Homers Twice, Mikolas Gets First Win in Two Years
"Dylan Carlson belts a grand slam home run and a solo shot of the cardinals the to to win over the Padres it's the second grand slam this season for the rookie right fielder who has fifteen home runs this year that's a real good team over there and we got to bring that energy every day because you know they think of what small over there that's for sure so I'm just keeping the focus on us here and plan plan hard each and every day control we can control it's definitely some benefit street with Tyler o'neill has a two run blast for the Redbirds who win their sixth straight miles Michaelis tosses by a two thirds shutout innings to record the win it's Velasquez takes the loss St Louis remains in control of the you know second wild card spot they're a game up on Cincinnati in a game and a half ahead of San Diego Mike Reeves St Louis
Fresh update on "street" discussed on The Dana Show
"Hmm. So what kind of numbers number of things here were drugging a lot today. Let's see, Starting off with the court orders the end to the U. S policy, the of turning families back that are trying to illegally enter at the southern border. The vitamin ist rations 14 days to appeal the ruling entitled 42, so the court orders and that US policy, they said that the this is the Wall Street Journal of federal judge in Washington ordered the administration to stop using a public health law. To turn back families who entered illegally from Mexico seeking asylum. And there's a whole process to doing that. U. S district judge in that Sullivan put his own order on hold for 14 days to allow the government for time to appeal. The and if it goes into effect, that means thousands of individuals who are caught crossing the border are allowed to stay in the United States while they wait for their case to be adjudicated, a process that sometimes take several years and by the way, it's very rare that the That it's actually allowed because there's certain things that only allow for. I mean, there's a there's a There's only certain things that constitute asylum reasons that justify it. Let's see the This is Washington.
Facebook's Week of Wall Street Journal Woes
"I've mentioned already this week. That facebook has had a hell of a week with the wall street journal. Dropping a bombshell story about them. Seemingly every day often using internal facebook documents for example yesterday the headlines were about how internal docs allegedly revealed facebook's weak response after staff flagged human traffickers and drug cartels using its platforms for recruitment in developing countries quote employees flagged that human traffickers in the middle east had used the site to lure women into abusive employment situations in which they were treated like. Slaves are forced to perform sex work. They warned that armed groups in ethiopia. Use the site to incite violence against ethnic minorities. They sent alerts to their bosses on organ selling pornography and government action against political dissent. According to the documents. Facebook removes some pages though many more operate openly. According to the documents in some countries where facebook operates it has few or no people who speak the dialects needed to identify dangerous or criminal uses of the platform. The documents show when problems have surfaced publicly. facebook has said it addressed them by taking down offending post. But it hasn't fixed the systems that allowed defenders to repeat the bad behavior instead priority is given to retaining users helping business partners and at times placating authoritarian governments whose support facebook sometimes needs to operate within their borders. The documents show facebook treats hermit developing countries as simply the cost of doing business and quote in those places said. Brian bolland a former facebook. Vice president who oversaw partnerships with internet providers in africa and asia before resigning at the end of last year. Facebook has focused its safety efforts on wealthier markets with powerful governments and media institutions. He said even as it has turned to poor countries for user growth and quote
China Cuts Children's Online Gaming to One Hour
"I heard little factoid the other day that absolutely floored me about video games in china and it's this china has twice as many gamers as the. Us has people some seven hundred million of them when you go on. The streets are waiting at a bus. Stop where you're at. The supermarket is inevitable. Especially if you see a kit with his head vote out. He'll be playing a game or she'll be taking a game. That's brenda go. She covers technology in china for reuters. It's pretty much in your face. Everywhere you go into the woes biggest. You'll use market that ubiquity especially among young people has worried china's central government. So at the start of this month they banned people were under eighteen from playing video games for more than three hours a week. They can only play from eight to nine. Pm on friday. Saturday and sunday nights. And it's not just video games. The government has gone after tutoring companies and big tech players. Brenda calls this the season of crackdowns. They've lied on new ground rules. The crackdown on a whole whole budget sectors in a sense to bring them better in line with what they perceive as socialist
They Call Us Justin Chon
"Hello and welcome to another dish. They call us bruce. An unfiltered conversation about what's happening in asian america. I feel you. And i'm jeff yang and once again we have a fantastic guest on this episode. Somebody who's an old friend of ours over the podcast. And who has just evolved into one of those interesting attorneys filmmakers creators actors writers in the business of asian american filmmaking and that is justin chon who has a new film coming out blue by you which we have seen and i'm just so deeply my feels. I just. I q much to talk about that. I can almost like talk Welcome welcome to the show. Welcome thanks guys. Thanks is so great evac back on with you guys. You know. I just first off. I want to say that this has been some kind of a ride for asian americans. You know There was a time when felt like we couldn't tell any story is truly not them the way we wanted them to and when we did they had to be a certain kind of story over just the last a three four years. We started more idiosyncratic and yet really masterful new kinds of of narrative exploring explaining and just giving experiences around very different ways of being asian american and blue by us is right up there In in that world of like the minorities so just wanted to give you props for that and maybe ask bit. What the origin story in some ways of of this film. Was you know what i mean. You know Being asian american we all know. Adopt these you know it's I'm sure we all know that. Adoption originated the idea of international. Adoption originated in south korea after the korean war. And you know the whole family went there and the kids off the streets or whatever the case that needed families place a nice christian families in the united states and over the years become a big business in and you can't tell an asian narrative that's inclusive without including that storyline Without including that experience in this in this country So you know i. I'm friends quite a few adoptees and and I've grown up with few. And i started hearing that this was taking place at adopted. These were being imported in. I thought it was absolutely shocking.
Ford Adds Jobs to Increase Production of Electric F-150 Pickup
"Ford said thursday. It would boost its f one fifty lightning production capacity to eighty thousand per year due to strong demand for the electric pickup truck. The company said that the vehicle would go on sale next spring. The us automakers said it would invest two hundred fifty million dollars at four hundred fifty hourly jobs across three michigan facilities in order to live production. It also garnered more than one hundred fifty reservations for the truck to date. The lightning is an electric version of ford's best-selling gas powered f. One fifty truck reuters had reported the automaker was targeting annual production of more than eighty thousand units. That's up from its prior. Target of more than forty thousand. Units
Inside the US-Australia Submarine Deal
"The dutch prime minister mark rutta will reportedly offer his uk counterpart. Boris johnson a defense and security cooperation. Deal with the eu. When the leaders meet in downing street later today it follows yesterday's announcement that the uk. The united states and australia had agreed their own defense. Pack called aucas. the deal has angered many. You states with france calling australia's decision to scrap a huge submarine. Deal in favor of eight nuclear powered subs deal with the us establish back. Let's get the latest now from paul rogers international security advisor at open democracy. Paul some very harsh words from paris. Today tell us what happened here. I on the australian deal and why the french are feeling blindsided by it over the australian deal. The australians essentially decided to replace their existing collins class submarines richard come to the end of their useful life with new pout submarines rather than diesel-powered submarines. The previous decision was to gain with france which has quite a good recorder producing diesel-powered submarines. It can actually produce a new pout. Submarines for self. I don't think he's ever exported them considered it. But anyway australia's decided they need to new capelle. Submarines had this deal with the french for the best essentially for the Diesel-powered ones they basically dish that and gone in with the united states with britain as well although the suspicion is that as far as the building of the new submarines consent bush will be done as an australian yard in adelaide. That will be done. Under american supervision with the british relatively small this is partly because britain is producing own new class of astute hunting submarines as well as its missile submarines an in both cases. It has pretty serious problems with developing the reactors rolls royce history. Having great difficulty in getting things right the to another words in america wants a more reliable. So that's the basis of it. The the fringe obviously are pretty furious of this because what was a pretty big contract with a lot of money in. It was basically dish in favor of a basic and anglo american agreement. So that's the background this at beyond that. Of course you have all the issues in the eu and the whole question of how one handles a rapidly growing china which does have increasing military capabilities.
China Cuts Children's Online Gaming to One Hour
"I heard a little factoid the other day that absolutely floored me about video games in china and it's this china has twice as many gamers as the. Us has people some seven hundred million of them when you go on the streets where you're waiting at a bus stop where you're at. The supermarket is inevitable. Especially if you see a kit with his head vote out. He'll be playing a game or she'll be taking a game. That's brenda go. She covers technology in china for reuters. It's pretty much in your face. Everywhere you go into the woes biggest. You'll use market that ubiquity especially among young people has worried china's central government. So at the start of this month they banned people who are under eighteen from playing video games for more than three hours a week. They can only play from eight to nine. Pm on friday. Saturday and sunday nights. And it's not just video games. The government has gone after tutoring companies and big tech players. Brenda calls this the season of crackdowns. They've lied on new ground rules. The crackdown on a whole whole budget sectors in a sense to bring them better in line with what they perceive as socialist
Jeff Horwitz on the Facebook Files
"What are the risks to this. Kind of internal research continuing. What would stop it. No i mean now that they're getting scrutinized for not acting on what they're finding is. Yeah well that's a. That is a deeply depressing thought. That's me the idea that journalism can be permanent. Sort of check on the company is not possible right in terms of providing information. and so. I think there's a legitimate question. As to whether this attention does disincentivize the company to do the sort of research to understand itself that you know. I think everyone wants them to do. But at the same time there has to be some other solution to understanding what is happening inside a company that has such a transformative lee powerful product. So you're not seeing like a a map forward to addressing it now. I think i think one of the interesting things is that very clearly looking at the research. People do have solutions internally that they're proposing and in fact some of them they've even tested and found to be somewhat effective but they do tend to work against the company's interests and that's i think a hard sell inside a for profit business so if they're not addressing thing satisfactorily. I gotta ask. What's the point of doing the research. I think some of it is just truly absolutely necessary to not be blindsided. I mean we're talking about a company that has repeatedly declared a break glass measures in recent months. That's their words for sort of emergency measures to slow the platform. If they don't study this stuff they have big problems on their hands. And i think we can talk about how we got to january six. But there's no question that viral misinformation about elections is a problem. I don't think just ignoring it. Completely sticking their head in the sand is an option. Well okay so tell me how this reporting started like why. Focus on facebook. Aside from being my be facebook touches pretty much everything. I used to cover politics and i realized that politics basically had turned into kind of tech beat already and i think that this sort of the range of stories. We've got this week which deal with powerful political actors overseas humanitarian crises. The mental health of teenagers and the sort of ability to sort of literally flip a switch and change the tenor of political discourse around the world. I mean it. Just sort of illustrates the range and power of this platform. And how did you. I mean. I can't tell you that i mean just spell the name. Yeah so so. It's not a coincidence that there are a lot of people who facebook has asked to work on deeply serious sometimes deadly serious societal issues that end up talking to folks like me as some of them have noted on twitter in recent days Sort of former employees. They end up talking because they aren't able to proceed with their work inside the company. What role do you think. The oversight board plays here. That is very much to be determined. The oversight board has to powers one of them is to issue binding rules on specific facebook posts. That are generally months-old right. So the trump Removal from the platform was something that they kind of have binding authority over the other option or the other power. They've got is the ability to ask. Facebook questions and facebook is required to respond to them and to give them information onto their deal with facebook as long as the questions irrelevant and i think one of the things are reporting showed is that facebook at the very least deeply misled its own oversight board an entity that they created literally last year and put one hundred and thirty million dollars behind to supposedly provide accountability and they in the words of a law professor who studied them closely. They lied to it so under those circumstances is kind of a real question about what they're going to what the oversight board is going to do in response to this They have issued sort of an expression of concern. And you know there are obviously. There are other ways that they could threaten facebook in terms of their cooperation with the company and things of that nature. I mean facebook has invested a lot into this program. But it's sort of unclear what you do if sort of the big picture power you've got isn't one that facebook's gonna respect. Jeff horowitz is a reporter for the wall street journal and now for some related links. We've got links to the ongoing coverage jeff n. team are doing at the wall street journal. They are working round. The clock to publish the facebook vials. Check it out. Facebook already takes aggressive action against disinformation campaigns spread by fake accounts and waged by say russia. Now facebook tells reuters. It's using the same techniques against coordinated campaigns from real accounts for example the lead up to the january sixth attack on the us capitol building oversight is done not by content moderators. But rather by facebook security experts it's unclear yet as to how this will affect public debate.
Relationship Therapist, Brittanni Young, on How to Manage Rejection
"Sex down south best sex conference ever down at atlanta. You are hosting a workshop on managing rejection and a really wanna talk about this so tell us why. This is such an important topic. I might be colored in my lens as it's just the thing that keeps coming up you know both personally and professionally and i don't think people realize because it often feels isolating when you're in it but there is going to be that dynamic there where you have somebody who's the higher desire partner in the low desire partner in any given situation. It's not common where you have both high desire or both low desire at the exact same time you know and really being able to navigate those waters. Most people have no idea. They're just okay. I just think that. I need to bring you to my level in that. Is the solution so much so right. My partner is broken. can you fix them. Can you diagnose them. And can you fix them. And even beyond sacs rejection. It just feels like this important life skill that has been glossed over. You know in recent years. We've heard a lot about vulnerability right expressing vulnerability and showing vulnerability. And i don't think ten years ago. We were hearing as much of that in the mainstream. I agree and i'm like in five or ten years. Will we hear more about rejection league in every respect whether it's applying for a job or this is a tiny little thing but saying hello or smiling at someone on the street and having them ignore you not for hitting on purposes Just for friendly. Now you live in the south. You live in atlanta We're a lot of people smile and say hello. Yeah i live in toronto. Where when i smile and say hello i kinda get. I get pretty upset. Sometimes because people will just look right through you or almost even roll their eyes at you and what am experiencing there Is very visceral. Yeah it's rejection out. It's probably not about me right. It is it is actually okay. I'm gonna say this. Maybe people from toronto will disagree but for me. It's a cultural thing in the city that you ignore each other. In fact people in new york are more likely to like not it. You say hello. Wow yeah turn a special. This is my view. I know somebody's gonna say no toronto and it's not everybody right. There are pockets. That are super friendly. So that experience of rejection like it just feels so bad in your body
Ep3: Pain Is The Agent Of Change Director Tristien Marcellous Winfree - burst 2
"One of your interviewee is mentions that everyone's going through something. And I think people need to understand if you're meeting people on the street. We're talking with some of they've gone through stuff. Like I've gone through things. I'm sure lose Tristan you mentioned you've got through your own grief as well. And with American society, I think American society in general, I think there is there needs to be more conversation about going to therapy, talking about things that are not very comfortable and what are things that society should be saying. What should we be talking about and should be made more aware? Society. Yeah. You know, you know, we live in a culture where everything is so fast paced and we're so, you know, what are you feeling? You know what I mean? You got to get money. You know what I mean? Next thing, you know what I mean? It's so it's so bad because when we see some of our favorites, you know what I mean fall down and we say, wow, they were so kids saying signs of this early on, but we chose not to see that. You know what I mean? I see that person. And I always say, like you said earlier, we meet people. Everyone's gonna be dealing with something. And I think that in this world, everybody, you need to be kind. Point blank period. You have to leave the kindness and all that. So you know, I know it's a hard thing to do to do in the world, but you need to kind of, you know, you'll be on the right path and all that. And as far as the world of itself, then what conversations that we have the better. What I'm wearing this in front of the audience. Everybody stood up at the end. It just started hunting on one another. Why? Because it's that common thing that we go through as people. You know what I mean? You still be able to really talk about okay, yes, I want to do that challenge a theme. I'm like, how did I overcome that by doing XYZ? You know what I mean? And I didn't think I was like, you know, as a self that's crazy or, you know, like, you know, you're crazy if you ask for help. Everybody needs to help. Yeah, and it's definitely a very important, especially disorder. We're all going through something. So now, but as far as the artist's part, right? You are, we're dealing with our own issues. And then we put on top of that, our creativity. How do you do that? Specifically, this documentary, you said, okay, so I was asking other questions and then he led to something else. That has creativity sparking, right? And you're saying, okay, maybe I have something bigger than I thought. How do you deal with that in the sense because it is at the very difficult theme to talk about with people and you're not sure if they're going to be open to share. So how do you deal with that in your creative approach? Well, it's so interesting that you say that because while I was interviewing them, you know, my grief was still fresh in my own. Correct. So while I was interviewing them, I'm like, geez, I'm still unpacking myself and here I am receiving things from other people. And I'm like, I have to take a couple I have to take about a week or so apart from each interview because I'm like, you know, all I talk about some heavy stuff and then now I gotta edit it while I'm editing my short film and it was like, it was filled with stuff made emotional roller coaster for me, but it was that theme to what I knew single handedly that it was in divine order that I was doing the right thing with this project. You know what I mean? And I think for me, the biggest thing was just like sitting back and knowing that Michael okay. This is bigger than me. You know what I mean? My project is bigger than me. It's documentary is bigger than me. And to be able to teach with it in people to see it and feel something, that's what it is. That's what it's about. Right. And it's not something that you're doing. Do you have to sort of detach yourself from your own feelings or maybe you got more into that in order to be able to finish this documentary? I'm curious, I'm a curious person. So I definitely leaned into myself a little bit more about why does the person feel that way or can we go back, you know, the technology and see what happened to our specific time and all that. Yeah, it's just intuitive and me to just like, you know, lead with my body and the heart. Definitely. And I think that's what we have, right? I left at the end. So creativity is our voices just making stuff that it's important to us and that we want to share. So as far as that, we got to bring back something a little lighter. So you said you were doing your film and the documentary at the same time. A lot of filmmakers out there are season filmmakers but there are others that are starting out like I mentioned. So in that sense, tell us more about the process with that. You're doing two projects at the same time, but one of them came out before. And now you have something that you're working. What is the process as far as the production part of it? About at least what you encounter. Yeah, you know, so I'm very grateful for my short film team because when I sat down with each and every one of them, you know, they, you know, what my vision was, single handedly, you know what I mean? So grateful for that. Now, when I was in the editing room by myself for my documentary, it was just me, I didn't have anyone to turn to our go to look too. So it was kind of like it was kind of like a home therapy session in itself. And, you know, you walk through this project and I know that I've mentioned that, you know, we did with the 5 stages of three, you know, bargaining and like acceptance and the value that depression and all those other ones. And the people were talking, but I didn't set up the questions. Like, okay, let's talk about arguing, you know what I mean? Those things just like naturally just like the conversation. And as I was piecing together, this documentary, I was like, huh. Here we are. Talking about the acceptance of something, or the denial of something. And so, you know, my process was very, you know, blindness on and, you know, just getting very articulate about what it is that we want to share when we talk about green. And as far as your festival run so that you completed those two films, as far as being on the festival and screening your stuff, what was your process? The what you do in anything prior to the pandemic as far as that screening your film places and now how has that differ from what you're doing now with the documentary because it might be a little different, right? Yeah, no, it's definitely different nowadays. So the film now the documentary is precious news. So it's definitely been a submitted to customers right now. So it hasn't had its own chance to shine this yet. But the part is the short film pain that's done like an extraordinary job being out since 2019 and being part of your festival in Chicago filmmakers and stony island arts bank and, you know, I get to teach with it and my students get to see it and watch it and we talk about process making and, you know, real health business it's like each, you know, the mediums that I teach on is just I'm thankful for it. You were talking to us about your also a T-shirt. And you also, you work with these you say middle school or elementary school kids? So I work with court theater and we teach our students on the south side of Chicago and also work with tape, which is, you know, Chicago partners, education team, and we work on a west side of Chicago. Well, with middle school students. And I know this right now we're talking about how it is to juggle work and life. And then still try to do creative stuff. I think this would say something about filmmakers that they really get. It gets to them that they have to work more than doing creative stuff. And unfortunately, how do you juggle that? Because I know, you know, like you said, we have to make a living, you know? Yeah. But we also need to be creative in order to help our minds in order to help that creativity. So in your experience, how have you dealt with that within the years? Well, you know, tied before this whole pandemic thing happened. You know, it needs to be a key holder at a store called the tag bar, you know, have to wear like, you know, suits and jackets, people love and all that. And when, you know, this thing happening, you know, I couldn't be in front of people anymore. I had to hop into my teaching bag. Really, and it really just brought out the best in me because my life is, you know, built around passionate purpose, you know what I mean? And when those two things are ignited in me, it's like, okay, I can get paid for actually teaching what I know. You know what I mean? And also teaching to children that, you know, who are curious about, you know, about filmmaking and health stories get told and all that. So to have all the insight and knowledge, you know, lose, listen, I'm not gonna go too crazy. You know, all these gifts. Right, but you have to put it out there, especially for the younger generation, right? Yeah, you definitely got to put it out there because, you know, what we do as artists is. Generosity, you know what I mean? It's a public service, what we do. Sometimes we don't see the millions of jewels and sometimes we do. You know what I mean? But you get the stories out there and sell it. And the most audacity right, right? I mean, I think it is great because just to be able to get back, like you said, we have to be nice, you know? That is really what we should all follow all the time kindness. Regardless of anything, that's the first thing that comes in. And to be able to give that back like you said you're working short films, you're working on documentaries
Worried Trump Could 'Go Rogue,' Milley Took Secret Action to Protect Nuclear Weapons
"Now the big story in washington. Dc and it really did grip the city yesterday is what the general milley say and doom did he say it after the new woodward and cost a book peril has appeared. The white house stepped forward to defend general milley against charges. He did anything inappropriate. Editorials in the washington post and the wall street journal both call for infant investigations and hearings under oath general milley for fear that he is compromised. Not merely american defense into conversations with china but the constitutional order. Now i have said from the beginning two days ago. Hold your fire on this. Wait and see. Acting secretary of defense miller who had replaced mark esperer at the time of the second call says he did not authorize the call and that's extraordinary cause for resignation. Mike pompeo went on fox with hannity last night and made some comments on this. What you to your secretary pompeo number one. I have no recollection of a conversation. Like that. look we were all pretty down. We are about to hand over the reins of foreign policy to what this administration we. We've seen these last eight months. What that means for the united states of america so if someone asked was excited about january twentieth and the fact that we were no longer going to have the capacity to secure american freedom. Count me for being a pretty dark place to. But what's important to know sean. Is you know all this has as a product that somehow there was. This fear there was there was a cabinet members. Run around concern. The donald trump was going to engage in some kind of rogue activity or some kind of act of war to sorta lash out. This never happened. Just it's just patently absurd and so the entire credit for all of this assessment that woodward is now laid out in his book. We'll see what turns out but make no mistake about it. During that entire time the entire time. I served all four years. We conducted orally foreign policy. We had national security team. That was working hard to make sure we make the best decisions. We possibly good. And i think the data set which show that. We did a pretty damn effect job and doing that.
Elon Musk’s Spacex Launches First All-Civilian Flight to Orbit
"Elon musk's spacex on wednesday evening launched four civilians toward the deepest orbit. Americans have traveled to in more than a decade a falcon nine rocket with a crew dragon. Space capsule lifted off from launch pad at kennedy space center in florida just after eight. Pm eastern daylight time capsule is slated to return to earth after about three days. Lashing down off the coast of
Shake, Rattle the Roles: Britains Cabinet Reshuffle
"Britain's prime minister starts today with a very different cabinet than he had yesterday on. Peculiarity of british politics is the cabinet reshuffle. A sudden reordering of who's in charge of what in the government this one was. Well telegraphed and members of parliament had been pressing. Boris johnson on. Who shouldn't be in charge of much with all the talk of cabinet. Reshuffle can the prime minister guarantee that the foreign secretary will finally be sucked that any shuffled or does he intend to the world and competence reshuffles serve many purposes rewarding loyalty punishing perceived foolishness and setting or resetting a political agenda but they're messy and embarrassingly public ministers shuffled past the cameras outside downing street toward their new fates expecting a promotion. Knew it might not seem like a great time for such disruption with the country focused on what the pandemic will bring next and on britain's role in the crumbling of afghanistan but the prime minister has plenty of other business still to attend to and now a new team to tackle. It was expected that. Boris johnson would hold reshuffle. He has space to do so. Now and macelroy is a senior editor at the economist. Britain's coming out of the pandemic enough to do something like that. that wouldn't look like distraction. He won a tight vote on tax raising last week to fund the nhs and social care so he feels that he sweeps all before him. And this is the time to clear out some deadwood and makes them promotions. And what is the dead wood. That's been cleared out with the most. Prominent deadwood. That went out was dominic robb brexit. Here a lawyer. He became foreign secretary and went through that role. I think without great distinction. But he did it and then got into terrible trouble. When the fall of kabul happened. He was on holiday with his family and he didn't really appear to respond quickly enough to the
Biden Meets With CEOs and Business Leaders on COVID-19
"President biden met with ceos from disney microsoft walgreens and other companies at the white house to discuss the cove in nineteen mandates. His administration plans to put into effect for companies with one hundred employees or more on the look forward to working together to beat this pandemic keep our economy growing and growing strong. Many companies already have their own plans in place but biden's announcement last week has been met with mixed reactions from the business community and the plan is also facing legal challenges from republican governors. Twenty me now with more on sentiment around the mandates is wall street journal white house reporter. Sabrina siddiqi hi sabrina. Thanks for being here. Thanks for having me so sabrina. Despite criticism of this mandate president biden has been strongly defending it. so let's start with businesses. Who are on board. What have you been hearing from the ceos of those companies abou- why they're choosing to go along with the president's plan. Well it's interesting. Because i spoke with the ceo of columbia. Sports where tim boyle and he said that the company had actually been debating internally whether or not to have more strict vaccination requirements they had just been encouraging employees to get vaccinated but didn't make it a mandate or a requirement of any kind and. He said that part of a concern about requirements was that employees who did not want to get vaccinated. Might just go seek employment elsewhere and so what the columbia sportswear ceo. Tim boyle said was now that the president is creating a standard across all businesses with more than one hundred employees. It kind of levels the playing field and so employees will know that this is actually going to be a requirement across the board and not just at their place of
North Korea Fires 2 Ballistic Missiles as Arms Rivalry Mounts
"South korea test launched ballistic missiles within hours of each other today. npr's anthony kyun reports from seoul. The launches underscore a growing arms race between the rival states. South korea's joint chiefs of staff says the north's missiles flew eastward nearly five hundred miles before landing in the sea not long after south. Korea launched. Its first ballistic. Missile from a submarine sold denied. It's test time to retaliate. For the north's the us military's indo pacific command said the north's launch posed no immediate threat to the us or its allies. Npr's anthony kuhn reporting on wall street.
Dodgers Clinch Their Ninth Consecutive Playoff Berth
"Like to welcome in now the greet buster only espn baseball insider host of the baseball tonight. Podcast can follow at buster underscore. Espn buster always great to talk to you. Guys are man so buster. The dodgers clinched their ninth street playoff spot with a win last night. How important is it for them to actually win the division though with these surprising giants well. It's it's absolutely huge. The funny thing was about nine days ago. We had the dodgers and giants sunday night. Baseball and i asked that very question of neighbors. The dodgers manager any kind of blinked looked at me and he goes. You know what it's too out. I haven't even given a thought right. He's still in the moment of the regular season. But you know now down the stretch with less than three weeks ago it's going to become a focal point because we've seen time and again how great players can be derailed. By that wildcard game. There were a couple of years Seven eight years ago when it looked like at the end of the regular season the pittsburgh pirates were the best team in the national league but they had to go through wildcard game and it back to back years they face madison bumgarner to the beginning of the greatest postseason run. We've ever seen any pitcher that was in two thousand fourteen and they lost and then the next year they got jake arrieta at the end of the greatest second half we ever saw from pitcher And they lost again and so the dodgers have a chance to be the first team to win back to back titles since The nineteen ninety. Eight to two thousand yankees. I think that the best team in baseball right now but one game. You just never
Facebook Accused of Knowingly Ignoring Risk to Teen Girls From Instagram
"A wall street journal is out with a story about instagram pointing to research that it causes real harm to some teenage girls. Now it's not just the wall street journal pointing this at what the wall street journal is pointing out. Is that dave received internal slides like basically a slide show powerpoint presentation presented to facebook and instagram. Back in twenty nineteen two years ago saying things like thirty two percent of teen girls say that they feel bad about their bodies. Instagram made him feel worse. Of course also in two thousand nineteen teenagers blame instagram for increases in the rate of anxiety and depression. Here's what's why the stories relevant. Because in march of this year so two years later mark zuckerberg the congress says while the research we've seen. Is that using these apps. Connect with other people can have a positive mental health benefit. Maybe the key words there are can have sure yeah. That's very carefully crafted but still it sure is kind of misleading
"street" Discussed on Wall Street Breakfast
"There are two dimensions to immunity. Antibodies which decline over time. But the second very important dimension of vaccination is the so-called p cells. They tend to protect people against severe disease. But they also provide Ability astrazeneca's ceo pascall soria declared with the technology we use. We have very high production of t-cells. We're hoping we could have a durable vaccine that predicts for a long period of time while pfizer intends to seek emergency use authorization for a third dose as soon as next month the epa and cdc currently feel that an additional dose is not necessary since americans who are fully vaccinated are protected from severe disease and death. Us surgeon general. Dr hoover murphy echoed this week saying people do not need to go out and get a booster shot. Should those be approved. By the fda the vaccine would either need to be amended or if the vaccine were fully fda approved. A third dose could be given off label. Will it be the same formula. The july study conducted by pfizer involved. A third dose of its existing vaccine but the drug maker is also exploring whether to add an additional dose. It is developed to target the beta variant madonna. Meanwhile is testing three different booster strategies. A half dose of the existing vaccine and an additional dose of a new vaccine that targets the beta variant and another dose that combines. The two pfizer is expected to generate thirty three point. Five billion in covert nineteen vaccine revenue in twenty twenty one and wall street analysts have already priced boosters into their financial models for the company and bio and tech which help develop a vaccine with pfizer over in israel. The country's health ministry this week recommended booster shots for older adults and to those with immune systems becoming one of the first nations in the world to formerly approve. A third dose of pfizer's vaccine according to the ministry. A full course of the pfizer vaccine was just thirty nine percent effective at preventing infections caused by the delta variant though the vaccine provided high levels of protection against hospitalization ninety two percent and severe illness ninety one percent back in january israel struck vaccines for beta deal with pfizer. That promised to share best troves of information from it's highly digitized. Healthcare system in exchange for a continued flow kobe. Nineteen shots as of six twenty. Am today us futures crude oil golden. Bitcoin are all set.
"street" Discussed on Wall Street Breakfast
"Dd reported twenty one point. Six billion dollars in revenue last year while the company turned a profit in his last quarter on six point. Four billion in revenue seeking alpha contributor. Em investor is skeptical about such a high valuation writing. The dvd's growth. Potential is without doubt tractive but the key question is at what cost. Investors should buy into this growth story. There are also some worries about investing in a chinese company. The communist party continues to wield a heavy grip on the economy and there are many concerns about transparency examples. Remember looking coffee. Sales scandal in twenty nineteen phoenix tree holdings delisted for shady disclosures in twenty. Twenty are alex technology hit by baked bean. Crackdown plunge in twenty twenty one some. Ipo's not even made it to the market. Like aunt group which was set to go public last year before beijing stepped in while other listings have faced heavy scrutiny. Like chinese giant tencent but dd has taken out the competition known as the uber of china. It literally bought uber. China from uber in two thousand sixteen uber remains a major pre ipo shareholder owning about twelve percent of the ride hailing giant while de also has the strong backing of other asian tech giants the softbank vision fund. Own some twenty percent of the pre ipo stock and tencent holds about a six percent stake. Other investors include alibaba and apple which both have executives on dvd's board as governments across the globe advanced greener transport legislation to be climate targets. A question that continues to surfaces how much cleaner or electric vehicles ev's than traditional automobiles with an internal combustion engine estimates exploring the carbon gap have to cover thousands of parameters such as the extraction and processing of minerals for batteries and the production of power cells. Other considerations are based on after-sale elements like the type of power used to charge an e or the fuel dynamics and upkeep of a gasoline car bigger picture. It's a little complex to delve into all the variables so it may be easier to divide them between the building of the vehicles and their maintenance compared to gasoline cars e bees are not as green when it comes to manufacturing due to the mining of rare earth materials that are for their batteries but once they hit the road the only thing that contributes to their carbon footprint is the sourcing of their energy giving them an advantage over gas powered cars meet the greet model. The framework created by the argonne national laboratory in chicago called the greenhouse gases regulated emissions energy. Use and technologies is being used to help shape policy at the epa and the california air resources board reuters recently took a test drive of the model backing up a tesla model three versus a toyota corolla with the assumption that both vehicles would travel one hundred seventy three thousand one hundred fifty one miles during their lifetimes. The scenario also took place in the us or twenty. Three percent of electricity comes from coal-fired plants results even before hitting the road. The analysis showed that the production of a mid sized e generated eight point one million grams of co two during the extraction and manufacturing process more than the five point five million grams for a comparable gasoline vehicle. One would also have to drive another thirteen thousand five hundred miles in a model three. The average motorist drive each ear before breaking even with the corolla in terms of emissions tesla dimples ahead at year. Five model three has admitted to total of seventeen million grams of carbon emissions versus thirty million for the corolla and year tin. It has released twenty five million grams compared to the fifty two million produced by the toyota vehicle. Not every country is the same if the model three was being driven in norway which gets most of its electricity from renewable hydropower. The break even point would come after eighty four thousand miles. Compare that to the seventy eight thousand seven hundred miles needed to reach carbon parody in nations like china and poland which generate the majority of their power from coal as of six twenty. Am today us. futures golden..
"street" Discussed on Wall Street Breakfast
"It's also requiring all employees in the new york metropolitan area to attest to their corona virus vaccination status by july first staff who were not fully vaccinated will have to continue working remotely go deeper. While some sixteen states have vaccinated more than seventy percent of their populations. Four have vaccination rates of less than fifty percent with the rest falling somewhere in between on tuesday. The white house conceded. It likely won't hit president biden school of getting seventy percent of american adults to receive one vaccine shot or more by the fourth of july. Meanwhile the deltas strain will probably make up fifty percent of all covid nineteen infections of the us by early july. According to william lee vice president of science at population genomics company helix autonomous vehicles. Were always going to be a longer term project. But it's also understandable how the markets would discount the possibility they'd be on the roads in the first half of this decade according to data trek research. Now twenty thirty to twenty forty looks more likely and that's good from a macroeconomic perspective given the number of people employed by the traditional auto and transportation industries quote. Frankly even when av technical adji was the next big thing we wondered if its proponents really understood its economic ramifications writes co founder. Nicholas colas and jessica rabe amazon which crept toyota retail over a decade. That slow burn allowed the us workforce to readjust many workers who had been employed in physical retail. Stores moved into leisure and hospitality. Autonomous driving is more binary. When it comes mash adoption will be fast because its benefits are obvious the to feel that. Abc's will. The iphone looks small by comparison and a post pandemic would not be able to adapt quickly enough to their reshaping of global automotive and transportation industries another advantage to a longer lead time as more transition time for the traditional auto industry it would give marginal clark companies the possibility of surviving electrification essentially removing av amazon. Discount data trick likes general motors for its plans already. In place and lack of european presents were overcapacity is a problem. However the ridesharing sector uber lift and didi chuxing will see problems with valuations as i don't scale us tech companies without av. The tech business model is one build the platform and to drive incremental revenues through that platform at little or no marginal cost or effort ads. Collison rabe pitch for ride. Hailing companies was autonomous. Driving would replace human drivers so building customer base and a driver. Ed world was okay. Because ab would eventually allowed the business to scale is tesla overvalued without elon. Musk did something amazing by creating a line of highly desirable electric vehicles but without truly autonomous. Driving tesla is really just a great car company not as its valuation still implies a technology company coalition rape advise staying away from tesla and ridesharing stocks until av adoption is truly underway. That's certainly not the view of tesla's biggest. Proponents arc invests. Kathy would who has tesla the largest holding in her flagship arc innovation. Etf a. r. k. k. as of six twenty. Am today s futures. crude oil golden. Bitcoin are all set to open in the green. If you enjoyed today's podcast please be sure to rate interview. At below your feedback is deeply.
"street" Discussed on Wall Street Breakfast
"Our top stories today reflection trade in focus mining crackdown. Deepens corona virus. Variants travel is back leading. Today's news reflation trade in focus after opening lower to start the week. Us stock index futures are now in the green up about zero point. six percent. This move higher comes after some investors were quick quick dismissed the reflation trade a bet on companies that do best in an environment of solid economic expansion and rapid inflation. Meanwhile the yield on the ten year treasury fell another two basis points to one point four three percents marking its lowest point. Since early march quote. I would tend to tilt towards the message. Communicated at the fomc fed governor said john woods asia pacific chief investment officer at credit suisse quote. I do think the reflation story from the fundamentals perspective remains firmly in play. It seems to me only natural that we would anticipate moderately higher bond yields from current levels and clearly that has an impact on a whole range of risk assets. My sense is the fed continues to focus more on the labor market than inflation. Right here right now. Credit suisse was one of several wall street banks. Predicting the fed would move in twenty twenty three even before its announcement last wednesday. The bank still forecast a period of choppy sideways trading given the volatility associated with the fed debate but it is also a big believer in the feds transitory theme expanding expecting price pressures to moderate in coming quarters once that happens concerns about yields and inflation will likely come down. Woods also expects the us to grow at china levels this year with gdp expanding at a whopping seven percent in which it is almost inevitable for inflationary pressures to take place stark warnings. Not everyone is on board with credit. Suisse's quote the headwinds are building for the equity market and quote that's moody's analytics mark zandi. Who expects a more hawkish fed to spark a ten percent to twenty percent. Pullback big short investor. Michael berry has also recently warned of the mother of all crashes with main street losses approaching the size of countries given the fomo for unsustainable asset prices mean stocks and crypto robert kiyosaki. The author of rich pat. Dad poor dad is on that train as well quote biggest bubble in world. History getting bigger. He tweeted on june nineteen biggest crash in world. history coming mine crackdown. Deepens the volatility in the crypto market is showing no signs of abating at the time of this writing. Bitcoin is off about seven point. Seven percent to around thirty two thousand six hundred continuing a sell off that ensued. Following the fed's surprise hawkish turn last wednesday that means bitcoin is down by more than half of its april peak of nearly sixty five thousand but as still gained over ten percent year to date latest bear. Catalyst china has intensified its crackdown on crypto mining with authorities in sichuan ordering projects close following similar developments in inner mongolia and yunan the sichuan southwest province holds china's second largest mining community according to data compiled by the university of cambridge with minors shifting production. They are in the rainy season to take advantage of hydropower resources last month. China's state council pledged to clamp down on bitcoin mining as.
"street" Discussed on Wall Street Breakfast
"Ceo matthew shea intel holds in edge of wonderful virtual event just ahead of mobile world congress. Twenty twelve hewlett packard. Enterprise three day. Hp discovering runs during the week in the tech sector microsoft plans to detail its next generation of software at a windows event. Investor events are also on the calendar for equinoxes county capital united natural foods in newton next checkout seeking alpha's catalysts. Watch for a detailed list of all events to watch time conferences. Rundown conference is scheduled to run during the week. Include the raymond. James human health. Innovations conference the j. p. morgan european automotive conference the j. p. morgan energy power and renewables conference the goldman sachs leisure transport conference. Twenty twenty one. Wells fargo bricks to clicks digital conference Civility virtual conference for investors checkout seeking outfits catalysts. Watch for detail. Last events to watch notable annual meetings annual meetings of interest this week will include fastly on. June twenty-first dell technologies in airbnb on june twenty second. Jd dot com on june twenty third and kroger on june twenty four self driving cars. Make the cover this week as the publication breaks down which ev stocks to buy in the wants to avoid autonomous. Driving is said to be closer than ever as companies like lift active waymo in gm's crews pushed forward aggressively. Your play light are companies like lumina technologies ebay technologies ouster and vitolo lodine line are dissecting for their upside while tesla is identified as one of the leaders in making self driving cars reality in the consumer sector six flags entertainment is profiled favorably while home. Builder lesnar is still benefiting from housing market drivers. We close out this week with their single stock focus. At and t. has struggled since the acquisition of time warner to define itself to the market's management has been advocating for years that it was becoming a modern media company investors on the other hand it as a telecommunications company trying to break into the streaming content market that concludes this week stocks to watch. Thank you for listening for the best investment analysis in news of the web to seeking alpha dot com to get wall street breakfast and stocks to watch on your phone for your morning commute..
"street" Discussed on Wall Street Breakfast
"In north america in updates on product innovation shares of nike or down eight point nine percent year to date shopping on display marine money week takes place with a combination of factors contributing to strong rallies across the shipping sector. Many of the big players are scheduled to discuss the price in boom in the dry bulk. Market in the Compelling setup for tankers in the second half participants include euro dry safe bulk irs synergy maritime kirby corporation international seaways. Tk tankers go galore ellen. J and grind rod shipping twenty nine of thirty publicly traded shipping. Stocks have positive gains for the year with fourteen of those stocks. More than double in value was on prime day. Amazon's annual shopping. Extravaganza is scheduled for june twenty first to twenty second the ecommerce juggernaut promises. More than two million deals over forty eight hours. The company is highlighting deals for under from under armor mattel and columbia sportswear as well as making a strong push for pet food sales in the development of chewy. Shareholders may want to watch big box retailers like target walmart and best buy will also be running competing deals in effort to hold market share chelsea advisors group forecast prime day sales of eleven million to twelve billion with amazon seen benefitted benefitted from a favorable macro environment strong discretionary demand larger global member base wider product assortment and an increase in participation by small. Businesses is on lordstown lordstown. Motors is is scheduled to hold five days of media events. Around lordstown week the company will show off its factory. Frodo type pick-up trucks and hold meetings with shareholders suppliers and customers. The key focus from investors will be on potential buyers and expectations of product timely courtroom. Spotlight the five day in our f- retail coverage conference will cover all quarters of retail oil market. Us president and ceo. John furner will headline a fireside chat with nf our president and.
"street" Discussed on Wall Street Breakfast
"Tessa farmer. The ipo lock-up period expires on therapeutics. In william penn merger and acquisition. It's coherent shareholders. Vote on the buyout offer from i v ideal on june twenty-fourth the board rejected and turn it offer from h sr antitrust filing on the paper excellent deal for dom tar expires on june twenty four dom tar trades about two point seven percent below the deal price healthcare watch. Fda action dates arrives on insight for red afanah lab sentence pharma for trans con. Hgh and abbvie for up ahed active at the end of the week. A large number of biotech companies start presenting posters and abstracts at the international liver. Congress twenty twenty one projected dividend increases quarterly companies. Have expected to boost their dividend payouts including kroger to twenty cents from eighteen cents penny mac mortgage to fifty one cents from forty seven cents an maximum to twenty four cents from twenty three cents earnings preview. Abbas expect nike to report revenue of eleven point. One two billion and earnings per share of fifty one cents headwinds in china for nike could weigh on full. Your twenty twenty. Two guidance that is expected to be introduced by the global athletic footwear and apparel giant other areas of focus for investors will be trends.
"street" Discussed on Wall Street Breakfast
"street" Discussed on Wall Street Breakfast
"street" Discussed on Wall Street Breakfast
"Among amid foundry push in today's markets in asia. Japan is closed. The hang seng in hong kong is down about one point four percent. China is closed. Be sensitive in. India is down about one tenth of one percent in europe at midday. London is closed. The cac in paris. Flat the dax in frankfurt is about three tenths of one percent turning through the s. Dow futures are up about seven tenths of one percent. S&p five hundred futures up about six tenths of one percent. The nasdaq is up about four. Tenths of one percent. Gold is seven tenths of one percent. Higher silver is up one percent crude is up three tenths of one percent. Bitcoin is up three point. Three percent to around fifty eight thousand six hundred. The ten year treasury yield is up one basis point two to one point six four percent on today's economic calendar we have the manufacturing index at nine forty five followed by the s m manufacturing index at ten o'clock. Also at ten o'clock. We have construction spending and feds williams speech at two ten pm. Feachem powell is due to speak at two thirty pm today. If you enjoy today's podcast please be sure to rate it and review it. Your feedback is greatly appreciated. That concludes today's wall street. Chris thank you for listening for the best investment analysis. A news on the web seeking out the dot com. Subscribe to this podcast on apple. Podcasts google podcasts. Spotify stitcher you can sign up for our other podcast behind the idea. Essay the referees. Let's hope ups cannibus investing podcast and marketplace roundtable. Almost five as well have a great day..
"street" Discussed on Wall Street Breakfast
"Seventy five percent to around one hundred eighty five dollars per share quote. There's a lot more. At play. And quote. Michael wiggins the oliveira writes in a recent seeking alpha article weakens the oliveira says that while disney plus makes the biggest headlines. It's not the whole disney story and quote others like trapping. Val you say that while be reopening economies should also benefit disney's theme parks and boost earning potential in twenty twenty one twenty two at current valuations of this and more is being discounted quote disney dow trades at nineteen times the most optimistic twenty twenty-five estimates and quote according to trapping value who caused these stock the quote best short hedge on the market and quote inflation and earnings us stock index futures ticked lower overnight as investors continue to digest the latest outpouring of earnings and economic data while amazon was the latest of all streets mega cap tech companies to publish results on thursday. The party is not over yet. Us automakers sorry us oil majors. Take these stage this morning. As investors see if exxon mobil and chevron recovered from last year's pandemic driven losses bigger picture yesterday the s. and p. five hundred closed at another record high following robust. Us growth data the snapshot of first quarter gdp detailed an expansion of six point four percent beating estimates of six point one percent annualized rate as in house as households and the government shelled out big bucks on retail items vaccines and aid to businesses. That left the world's largest economy within one percent of its peak reached in late two thousand nineteen just before the coronavirus pandemic came to the us. The labor department also revealed that five hundred and fifty three thousand new weekly jobless claims were filed in its latest report. Making another pandemic low on the radar. Today is fresh data on the american consumer including personal income spending a sentiment. The information could also provide investors as well as the federal reserve with a useful gauge of how quickly prices are rising across the us earlier. This week fed chair. Jerome powell reiterated that any in inflation are likely to be transitory and would ease after supply chain issues subside but others see possible consequences analysts commentary quote all arrows are pointing to another increase in inflationary pressures keep in mind. The fed knows this. They are prepared for it. So wrote patrick leary. Chief market strategist at incapital quote. While i won't say whether or not the inflation we are seeing right. Now will indeed be transitory or more sustained. I am willing to bet that it will go. Higher and persist longer than the market will tolerate and quote prime earnings bolstered by sustained demand amazon quarter earnings and blew through expectations but a rumoured stock split was not announced. Shares gained two point four percent to reach the three thousand five hundred and fifty dollar level as q one profits more than tripled to eight point. One billion dollars while revenues topped one hundred billion dollars for the second straight quarter. A bullish forecast was also issued for q two with amazon predicting sales of between one hundred ten billion and one hundred and sixteen billion dollars corresponding to about twenty four to thirty percent growth and exceeding analysts expectations by the numbers. Almost half of amazon's operating income came from aws the clouds the company's cloud services division which got a boost from recent work from home trends while prime video streaming hours. Were up over seventy percent on the year quote. Two of our kids are now ten and fifteen years old and after years of being nurtured. They're growing up fast and coming into their own and quote said ceo. Jeff bezos referring to the two divisions amazon's category which is primarily made up of advertising also notched a bumper quarter logging revenue growth of seventy seven percent year over year to six point. Nine billion dollars. Meanwhile the company confirmed that this year's prime day will take place in june which should help lift year over year. Comparisons for q two revenues. Amazon's two day. Shopping bonanza typically takes place in july but the retail giant postponed. The event to october last year due to pandemic related uncertainty quote in many areas. July is vacation month so it might be better for consumers sellers and vendors to experiment with a different time period and quote noted cfo. Brian olsavsky other happenings. Before it published its earnings amazon. Detailed it would spend more than one billion dollars on raising wages for over half a million of its. Us operations workers that translates into a boost for at least fifty cents to up to three dollars per hour and was initiated early as volumes remained. Just as strong as they were at the beginning of the pandemic company executives declined to comment on the transition plan however which will see cloud chief. Andy jesse replaced. Jeff bezos as head of all of amazon capitalist woodstock the woodstock of capitalism is going virtual for a second year as the company. Run by ninety year old billionaire..
"street" Discussed on Wall Street Breakfast
"Us in a youth authorities are also reviewing the vaccine alongside rival products developed barbara derna and a collaboration between oxford university and drugmaker astrazeneca in other news. Over in the us hospitals are rushing to firm up plans for deciding which high priority groups can receive the covid nineteen vaccine. I with initial supplies widely expected to fall short december vaccine deliveries are forecast to be for about twenty million people. According to federal officials slightly less than twenty four million needed to vaccinate all frontline medical professionals and long-term care residents president trump is meanwhile expected to sign on america first executive order today designed to ensure that us efforts to assist other countries in vaccinating their populations against covid nineteen take on a lower priority than domestic inaugurations. The vaccine summit at the white house will also feature talks with administration officials and drug distributors. Who will discuss the process of reviewing vaccine candidates and distributing them just days before the fda's expected to authorize a promising vaccine made by pfizer. Can your boss fire you. If you refuse to get a kobe vaccine. Yes but there may be a few exceptions medical reasons. If the workforce is unionized or taking it as against a sincerely held religious belief. Roughly four in ten americans say they would definitely or probably not get a vaccine. According to a recent survey by pew research to achieve herd immunity experts. Say that about seventy percent of the population needs to be vaccinated or have natural antibodies. What do increasing service disruptions on trading platforms like robin hood.
"street" Discussed on Wall Street Breakfast
"Was dance favorite in two thousand nineteen but has drawn heavy criticism for those saying it's sexualize young girls. The company had apologized over a cuties poster back in August but says, the show is a social commentary against the sexualization of young children. While Netflix, shares fell nearly four percent on Thursday. The trajectory generally mirrored the broader Nasdaq market and the stock is up one point four percent in pre-market trade. In other news. Dogged by political controversies and negative reviews. Disney's two hundred, million dollar live action. Remake of lawn is headed for a week premiere in China Today. pre-sales for tickets stood at about eight point, two, million yuan or one point two billion dollars according to my own entertainment, which is less than one six of the opening day local box office collections for tenant by Warner Brothers. Disney partly created Moulana to woo audiences in China, but the film has now become a magnet for political attacks. The studio film some of the will be in Jinjiang where China is accused of committing rights abuses against billions of we are. Muslims while lead actress. Louis fee has publicly supported the police crackdown in Hong Kong. The NFL regular season kicked off last night with the defending super bowl champions, Kansas City chiefs beating the Houston Texas thirty. Four, twenty. National Audience Impressions might be even higher this year according to Moffett Nathanson which cited the relative lack of competing programming and changes in viewing habits not to mention a public starved of live sports and twenty twenty. A look at the networks broadcast schedule suggests Fox may benefit from the best matchups followed by NBC and CBS while Espn trails badly on that count. Futures are trading higher once again with the Dow up two hundred, sixteen points and s and p five hundred and Nasdaq ahead by one percent and one point four percent respectively following abolish. On Thursday that saw the recent tech selloff resume. Market liquidity remains thin and this can leave stocks vulnerable to exaggerated moves around big options trades according to j. p. Morgan Chase, and company investors also remained worried that valuations may have been stretched too far. On the economic calendar today, the US labor. Department. is expected to report that consumer prices increase point three percent in August following point six percent rise in July. It'll either be closed up or sell it. President Trump told reporters there will be no extension of the tick tock deadline. There isn't much time before the September fifteenth cutoff date meaning deal would have to be announced in the next few days to prevent shutdown. Suitors including Oracle and a team of Microsoft and Walmart have reportedly been discussing four ways to structure an acquisition from parent.
"street" Discussed on Wall Street Breakfast
"Morning today is March thirteenth. I'm Dan Schwartzman Interest Brown and this is Wall Street breakfast volatilities. Returning to Wall Street. After the major averages suffered their worst sessions since the Black. Monday market crash in nineteen eighty seven yesterday. Dow Futures started the night indicating a further opening loss of seven hundred points at the. Lowes but are now pointing to gain of nine hundred points while S. and P. Five Hundred. Nasdaq futures are ahead by four point. Three four point seven percent respectively corona virus uncertainty quickly morphed into panic on Thursday as the S&P five hundred plummeted nine point five percent joining the Dow which fell twenty three hundred points in a bear market. The plunge also highlighted the diminishing ability stimulus to dampen shock waves as the Fed announced over one trillion dollars in repo operations on ECB expanded its asset purchase program by one hundred twenty billion euros circuit breakers were triggered in many exchanges across Asia overnight following the worst day for Wall Street since nineteen eighty seven though thing settled out somewhat by the end of the session. The Nikkei closed six percent lower after falling as much as ten percent. The KOSPI was off three point. Four percent every hitting a low of eight point four percent in Australia's asx two hundred reverse course to gain four point four percent after sinking more than eight percent. European stocks jumped four percent of the open Friday amid temporary short selling bans and pledges from France to support state-backed firms though the gains still paled in comparison to the record-setting declines in the previous session despite a five percent rise this morning to thirty three dollars a barrel crude oil is set to record a nearly twenty one percent. Drop this week Martin. Worst week since the financial crisis oil is down almost fifty percent year to date justice. Travel bans canceled events in other coronas disruptions demand Russian. The Saudis are also digging deeper in their oil price war even safe haven assets such as gold and bonds were ditch to cover losses in yesterday's wipeout while Bitcoin fell as much as fifty percent in two days. Traders expect the Fed to cut rates by one hundred basis points at its March meeting. Which would bring the Federal Funds Target Range? Two zero two point two five percent from one to one point two five percent. Currently the CME Fed watch tool puts the probability of a one percentage point rate cut at eighty six point seven percent verse fifty point two percent a day ago and zero percent a week ago. Bank stocks reflected that expectation trading on Thursday with the financial select sector spider. Etf sinking eleven percent. New York City has declared a state of emergency choosing to ban events over five hundred people including closing Broadway theaters. The Supreme Court building is now closed to the public major league. Baseball has delayed the regular season by at least two weeks and the NCAA has cancelled march madness. Canadian Prime Minister Justin Trudeau will also remain in isolation for two weeks after his wife Sophie tested positive for the virus in some better news. All of Apple's forty two stores in China reopened today without a lifeline from governments. We will have a sectoral financial crisis. According to the International Air Transport Association which called for extending lines of credit to airlines reducing infrastructure costs and cutting taxes. The last week estimated that the crisis could wipe out some one hundred thirteen billion dollars of industry revenue forecast that did not include the US clamp down on European travel quote. There's a heightened concern. There will be increased airline bankruptcies in twenty twenty given the fallout from the corona virus at Cowan analyst Helene. Becker we expect some governments to step in to help some airlines but ultimately we expect more airlines to fail this year than last year. Millions more Americans are expected to work from home as employers increasingly issued telecommute directives due to the corona virus as a result. At and T. Is Waving data over fees for all home Internet users who are not currently on unlimited data plans while comcast said it would up the data speeds on the Internet Service? It offers too low income customers verizon similarly announced it would boost its capital guidance range from seventeen to eighteen billion dollars to seventy point five to eighteen point five billion dollars in twenty twenty two accelerate its quote transition to five G and help support the economy during this period of disruption new Disney. Ceo Bob Shape. Pack is facing his first major challenge as follow from the corona virus affects many areas of the company and announced Thursday. The closure of Disneyland Disney California adventure from March fourteenth through the end of the month. A Walt Disneyworld is shuttering until April. The firm is also likely to take a hit at the box office Milan. The new mutants and antlers have been pulled off Disney's film scheduled for now impacting. Eighteen ships carnival is halting all ship operations for Princess cruises for sixty days due to the corona virus while this is a difficult business decision. We firmly believe it is the right one and his in alignment with our company's core values. Ceo John Schwartz declared rest assured the long-serving dedicated professionals at our company will make best use of this time to prepare Princess Cruises Fleet cruise ships for successful return to operations in other news. Amazon tells all of its employees to work from home if they can walgreens and kroger limit some product purchases. The Pentagon asked for time to reconsider the jet cloud contract decision. Washington State repeals a Boeing tax break L. Brands appoints a new board chair to replace Leslie. Wexner Altria sees jewel co-founder exit. The board a Microsoft cancels its in-person build conference. There were some key earnings reports yesterday. Broadcom dropped nearly ten percent after reporting a rare profit. Miss Oracle rose four point four percent after hours on strong cloud demand and work from home play favorite slack. Technologies dropped nearly twenty percent despite beating estimates as of six twenty am. Today the Nikkei is down six percent but European markets in US futures as well as crude. Oil Are.
"street" Discussed on Wall Street Breakfast
"Eleventh hour bailout from Softbank Bank after three weeks into the job. ECB President Christine lagarde called for governments to invest more in a new European policy. Mix Monetary on a ferry policy. Should be the only game in town. She added stating the Central Bank will undertake strategic review in the near future uncertainties impacting euro-zone growth have also proven to be he more persistent than expected. An increasing trade. Seeing during decades of globalization is no longer an absolute certainty following three days of slight losses his US stock index futures are up two percent hoping to break out of the recent trend amid whip sawing expectations overreaching phase one of a trade deal China's China's president. Gee said overnight. He wants to resolve core concerns but is not afraid to fight back while the Wall Street Journal reported that Beijing extended an invite to. US officials for a new round face to face talks mixed PMI readings out of Europe. Further suggested the reason slowdown may have stabilized. Though it's unlikely to pick up significantly in the near term with little time to spare before a midnight deadline president trump signed a short-term spending bill into law funding the government through December twentieth that gives lawmakers makers more time to strike a long-term appropriations deal Congress already passed a two year agreement to set budget levels and suspend the US debt ceiling but lawmakers still need to approve where and how the money gets spent House Democrats in the trump administration failed to reach an agreement on US MCA during a meeting on Thursday House Ways and Means Committee Committee chairman. Richard Neal said the two sides may progress however and it's still possible. Congress could vote on the trade agreement by the end of the year. Mexico has already ratified the deal while Canada's it's waiting to move in tandem with the US institutional trench and retail subscriptions to the Saudi Aramco IPO have reached nearly nineteen point five billion million in less than a week according to Samba capital this demonstrates the confidence of Investors Vice-chairman radio declared adding that the levels are unprecedented scale. They also suggest about ninety percent of the institutional part of the deal is covered and forty six percent of the retail trench. Boeing has subtle more than half of the hundred and eighteen claims related to the fatal lion aircrash involving a seven thirty seven. Max Aircraft Crashes that ultimately grounded. The jet earlier cases in September were settled for at least one point. Two million claim sources told Reuters at the time Clifford Law offices which represents families of victims from the second Ethiopian. aircrash Said said one hundred. Three lawsuits have been filed against Boeing. So far with thirty more cases expected to be filed soon as of six twenty. Am today us. Futures futures.
"street" Discussed on Wall Street Breakfast
"US stock indexes as reports suggest the trump administration is weighing whether to drop existing tariffs on one hundred twelve billion dollars of Chinese imports that introduced at a fifteen percent rate on September. First the DOW S and P five hundred and Nasdaq are ahead by point. Four percent as the concession is seen as pausing using the U. S. China trade war phase one of the pact would include Chinese purchases of American farm goods rules to deter currency manipulation and some provisions is to protect intellectual property and open up Chinese industries to US firms in other news China's yuan has strengthened past the seven per dollar mark for the first time since August as the US ways rolling back tariffs on one hundred twelve billion of Chinese imports. The move if confirmed can be regarded as a turning point in the U. S. China trade war according to Ken Chung a Mizuho Currency Strategist many had feared the troubled past the psychologically important level of seven even threatened to unleash a whole new front in trade hostilities. A currency war with roughly two point four trillion imprison bills outstanding standing and daily turnover over around ninety five billion dollars. The bill market has substantial capacity to support our activity and we expect to be able to maintain the current pace of treasury treasury bill purchases for some time said Lord Logan who is the acting leader of the markets desk at the New York Fed so far reserved management purchase operations. It's have proceeded smoothly. She added noting that the Fed is prepared to adjust the pace and other parameters of the reserve management purchases as necessary uber. Shares tumbled nearly six percent late Monday after reporting another mega one point two billion dollar loss though. CEO Derek Carr's Rochon. He expects the company will be it I D- Ta Profitable in two thousand twenty one as it improves. Global scale and efficiency through technology and automation next up as Peleton which will release its. It's first quarterly report since going public before the opening bell path the profitability while analysts are expecting the exercise equipment maker to post a loss of forty eighty cents per share. The street is still bullish on the stock. The we work debacle is leading Softbank to adopt tougher governance standards as the Japanese. His group aims to reduce the outside control of startup founders and restore competence in the companies. It backs under consideration are restrictions on dual class share structures board Lord seats and voting rights. Softbank is also set to write down at least five billion today. Due to a slump in the value of we work as well as some other top holdings bringing it into their fifty seven year old joint venture Xerox has agreed to sell its twenty five percent stake in the Business Fuji Film as part of a deal that will bring the company any total proceeds of two point three billion dollars it will also dismiss a lawsuit filed by Fujifilm against Xerox and comes more than a year and a half after the two agreed to combine in a complex transaction that was sunk by shareholders. Carl ICAHN and Darwin Diesen the breakup of the JV and the dismissing of the suit could free both companies in east to make needed strategic shifts. Xerox is up three point. Eight percent pre-market. Everything seemed to be going well at the thirty fifth. ASEA THE IN summit after seven years of talks to conclude the regional comprehensive economic partnership until India announced its withdrawal from the trade deal. This reflects both our assessment of the current global situation as well as the fairness and balance of the agreement said. Vj takur seeing a diplomat in charge of East Asian relations for India movie gone the remaining fifteen countries will continue working towards the pack that would cover nearly a third of the world's GDP while China announced that. India is welcome to join the ourselves whenever it's ready. The outlook for global growth at least in the short and medium-term has been revised down repeatedly over the past year as US tight oil shale in particular again outperformed expectations OPEC wrote in its closely-watched annual world oil outlook as a result the fourteen remember rip lowered. Its outlook numbers for global oil demand. Growth Two hundred four point eight million barrels per day by two thousand twenty four and one hundred ten point. Six million bpd by twenty forty OPEC's production of crude oil and other liquids is also expected to decline to thirty two point. Eight million. Bpd By twenty twenty four compared with thirty five billion VP.
"street" Discussed on Wall Street Breakfast
"And welcome to Health Wall Street breakfast your daily source of market news. GM's bottom line leading today's news the financial markets have priced in basis point rate cut by the federal route January thirty first two thousand twenty reports the BBC EU Council President Donald Tusk tweeted that the block is allowing for flex tension which means that the UK can leave before most of which will show up this quarter production at thirty plants will ramp back up as soon as possible in order to recoup the lost production of three hundred thousand cars and no Sir of the movie to outside investors during development now that the film is the number one rated R. movie of all time with a seven hundred eight million dollar gross and counting it wishes weakness in the manufacturing sector for a weary global economy and the US China trade war may not be likes to worry about at least in the near term reports the Wall Street Journal forecasting firm manufacturing represents about eleven percent of domestic output.