19 Burst results for "Susan Schmidt"

"susan schmidt" Discussed on KOMO

KOMO

02:49 min | 2 months ago

"susan schmidt" Discussed on KOMO

"In Pasco. The Seattle based dairy cooperative says the facilities set to open in 2024 will allow it to expand across the globe. This is rob Smith with northwest news radio. Stocks took quite a tumble on the trading day today suffering the worst losses since June of 2020 during the pandemic. ABC's Derek Dennis reports. The government's consumer price index reports showing an uptick in prices by .1% helping to send investors into a tailspin, the Dow sliding 1200 points at the end of the trading day, the worst day since June of 2020, industry analyst Susan Schmidt says investors are nervous inflation might not be at a peak. Investors were really surprised when those consumer price index numbers came out. And they hadn't dropped as much as it been expected, making investors concerned that inflation is still an active threat. Adding to the concern and expected rate hike next week from the fed again. Derek Dennis ABC News. The queen back in Buckingham Palace for one final night, these are your world headlines for ABC News on faith of booby. Queen Elizabeth's coffin arrived in London Tuesday to a royal salute, a state hearse carrying her late majesty through rainy streets in London, members of the royal family inside Buckingham Palace getting a chance to pay tribute in private, starting Wednesday, the queen will lie in state for four days at Westminster hall for the public to pay their final respect. In Ukraine, a major development in the war. The Pentagon confirming many Russian soldiers have fled back to their country. We have seen Russians evacuate withdrawal retreat from their defensive positions, particularly their in and around the car key robust. New wildfires in southwest France have forced about 840 people to evacuate. In Australia, a kangaroo killed a man in a rare fatal attack on his property. Police shot and killed the animal, saying it was preventing paramedics from reaching the injured man. Faith of ube, ABC News, London. News radio traffic from the dubin law group traffic center. It'll take you 33 minutes to get from four or 5 to two via east 5 22. It's getting pretty congested there. Seattle Capitol Hill area, both the north and south lanes of lakeview boulevard remain blocked from boylston to highland drive from a falling tree blocking the whole road so use different routes. Des Moines, south on highway 99, rope maintenance has the two right lanes close at two 16 through are looking at some very light delays and Federal Way the sea tag rest area on both directions of I 5 will be closed for maintenance and will reopen at one 30 p.m. Friday. Our next hope is traffic and I know for. The news radio 1000 FM 97 7 forecast from the 1530 mortgage dot com weather center. Cool the weather has definitely moved into western Washington and we're going to remain in the 60° temperature

Derek Dennis Susan Schmidt Buckingham Palace rob Smith Pasco ABC News Seattle London ABC Westminster hall Queen Elizabeth dubin law group traffic center fatal attack fed government Pentagon Ukraine France
"susan schmidt" Discussed on KOMO

KOMO

04:02 min | 6 months ago

"susan schmidt" Discussed on KOMO

"Covering the northwest and the world I'm Ryan Harris with two victims in cold cases Now identified and two families that now have some answers 6 o'clock From ABC News I'm Daria aldinger one says we'll get this done and others says they are done That's where a bipartisan group of Senate negotiators is on a gun reform package Texas Republican John cornyn says it's time to make a decision We don't have a deal on everything we don't have a deal on anything We don't have a deal on everything yet But Connecticut Democrat Chris Murphy says they'll get there We'll be able to find a path here We're close As they were meeting another community was rocked by a shooting police in vestavia hills Alabama responded to a call of an active shooter at a church multiple people were shot a suspect is in custody The house January 6th committee presenting searing evidence that it's hearing today which it says shows just how far former president Trump was willing to go to overturn the 2020 election Even after the attack after the mob was cleared from the capitol Trump and his allies kept the pressure on Pence Shortly before he was to certify the election John eastman a lawyer advising Trump emailed Greg Jacob the vice president's council saying it wasn't too late for Pence to change his mind What was vice president pence's reaction when you showed him the email he said that's rubber room stuff What did you interpret that to mean that that was certifiably crazy Mister Jacob testified that the vice president was never going to go along with Trump's scheme ABC's chief Washington correspondent Jonathan Karl Stocks tumbled a day after the fed's biggest interest rate hike in decades to now close below 30,000 and the NASDAQ fell more than 4% We did have some economic data this morning that also made investors rethink things and how is the economy really faring Housing starts building permits The Philadelphia fed's business outlook all came in lower than expected Susan Schmidt at aviva investors says this has happened before and the economy recovers You're listening to ABC News Stay connected stay informed with the northwest's only all news station Northwest news radio Good evening 6 O two downtown Seattle with increasing clouds but still a very nice evening we have 69° I'm Rick fancier here's what's happening Two families locally can now put lost relatives to rest after detectives identified them using genetic genealogy We have the update from Ryan Harris The first is the family of Blaine has tricks who came to Washington from North Dakota in the 1970s and was found in a Marysville landfill in 1977 The other is Alice Williams who disappeared in 1981 and only her skull found near skykomish In both cases it took several attempts to extract useful DNA from their remains but ultram labs in Texas worked with the snohomish county sheriff's cold case team and was eventually able to upload profiles to Jed match which helped them find relatives and eventually identified both Cold case detective Jim sharf says they originally thought they might have a serial killer involved but he says using genetic genealogy police across the country have learned These are one time murderers They committed one murder and never committed another crime never got arrested never got their DNA taken to put into codis and they never would have been solved if we didn't have this tool of genetic genealogy Sharp is due to retire soon after staying on an extra three years because he could solve more cases with genetic genealogy Ryan Harris northwest news radio The march through Seattle homeless encampments today landed in west Seattle Here's John lobert ini living with Seattle's homeless crisis isn't a pretty picture There's a homeless element but it's a criminal activity 24/7 That's what led Christine manages to call the end over encampment a drugged in a chop shop and a cancer Dozens of bikes and then basically people start to disassemble frame wheel grim bike parts strip strip It's a complete assembly line over here Crews hold away tens wooden pallets.

Ryan Harris Daria aldinger capitol Trump John eastman ABC News Greg Jacob Mister Jacob Jonathan Karl Stocks Trump John cornyn Chris Murphy vestavia hills Susan Schmidt aviva investors Rick fancier fed Texas Alice Williams
"susan schmidt" Discussed on KOMO

KOMO

01:41 min | 7 months ago

"susan schmidt" Discussed on KOMO

"Hard Being dropped onto Seminole and to the northeast of Seminole I can tell you right now there are no lights and Seminole It definitely lost power Chase Rutledge chopper pilot for ABC TV affiliate koso Both sides paying a high price as Russia's invasion of Ukraine continues Show dead Russian soldiers lie in the open as Ukrainian troops retake territory Some bodies even arranged in the Z pattern that Russia uses as an insignia for its war ABC and panel in eastern Ukraine stocks soared about 3% on news offense is raising interest rates to slow inflation Market hates uncertainty So when things turn out as predicted the market is very happy Susan Schmidt had a U.S. equities for aviva investors Donald Trump Jr. appeared voluntarily today before the House January 6th committee Dario albinger ABC News Stay connected stay informed with the northwest's only all news station Northwest news radio Good evening 6 31 I'm Rick van syce in Seattle here is what's happening abortion rights aren't the only thing in danger says U.S. House speaker Nancy Pelosi following the leaked Supreme Court draft decision We have more on the story from Ryan Harris Had a stop in pierce county speaker Pelosi said House Democrats passed a bill to codify abortion rights after Texas restricted abortions which she says will need bipartisan support in the Senate She called news of the draft decision that could overturn roe V wade horrifying And she says it's an assault on privacy that sets a dangerous precedent Who knows what's next Now rig quality there's so many things that are rooted in privacy in the constitution that they could go after now We just have to keep our eye on the ball This is what they're doing This is.

Seminole Ukraine Chase Rutledge koso ABC Susan Schmidt Donald Trump Jr. Dario albinger Rick van syce aviva ABC News Ryan Harris U.S. House Nancy Pelosi pierce county roe V wade U.S. Seattle Pelosi
"susan schmidt" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

03:12 min | 8 months ago

"susan schmidt" Discussed on WNYC 93.9 FM

"With word the pandemic pause will no longer run out after this month Marketplaces Nancy Marshall gender is tracking this from Washington An extinction of the moratorium could impact more than 40 million Americans some Democrats in Congress want the Biden administration to extend the moratorium through the end of this year They say borrowers are already struggling to keep up with higher prices because of rising inflation Congress suspended payments on federal student loans as part of the cares act in 2020 when borrowers were struggling because of the pandemic the moratorium was then extended by both president Trump and President Biden Republicans want the moratorium to end they're worried about how much it's costing taxpayers but a report from the St. Louis fed in March said lifting the moratorium and requiring loan payments would hurt borrowers who are still recovering from pandemic losses especially black borrowers who it says rely more on student loans I'm Nancy Marshall genser for marketplace Now it wasn't new information from fed officials yesterday yet the bond market tanked with the ten year interest rate down the up to the highest in a year 2.62% now stocks fell yesterday the NASDAQ dropping about two and a quarter percent lael Brenner brainard who could become vice chair of the Federal Reserve said yesterday that inflation is quote much too high and warned it could go higher still that suggests central bankers could get even tougher by raising rates higher than had been thawed but really new information Susan Schmidt as head of U.S. equities at aviva investors Well they aren't new words that they're potentially new words coming from lael brainard She's been historically very supportive of the economy and hesitant about raising interest rates Now she's really switched over and what this shows is that everyone in the fed board of governors is talking about increasing interest rates That switches the mindset of the market Investors recognize that it's coming and that's what spooked the market Yeah indeed And then we'll get the minutes the notes from the fed's last meeting and the market will follow that very closely today Absolutely Minutes from the last meeting are being released today the market goes through them and analyzes it word by word But in this case I really do think that the current comments are going to outweigh the impact of the minutes on the market So Susan you and me closed circuit to market participants this morning Let's look them in the eye and say inflation is a big problem and the fed wants to stop it And yes interest rates are going up It really is happening right Absolutely And that is the message that investors are taking away It's certainly where they think the message is And it's something that is going to be the focus of the market for the next several months Susan Schmidt head of U.S. equities at aviva investors Thank you so much Thank you Stock market seems still in a snit the NASDAQ future down 1.6% S&P futures down 1% the Dow future now down 247 points 7 tenths of a percent.

Nancy Marshall Biden administration president Trump President Biden fed St. Louis fed Nancy Marshall genser lael Brenner brainard Congress Susan Schmidt lael brainard aviva Washington U.S. Susan
"susan schmidt" Discussed on Marketplace Morning Report with David Brancaccio

Marketplace Morning Report with David Brancaccio

04:10 min | 1 year ago

"susan schmidt" Discussed on Marketplace Morning Report with David Brancaccio

"This marketplace podcast is supported by uk g to be a powerful productive business. You need powerfully happy. People to leaders workforce management and hr have joined forces to become uk g ultimate cronos group with comprehensive hr solutions. They'll help you create more meaningful connections within your workforce that will make people smile. Uk g our purpose is people this marketplace podcast is supported by bit defender. Cyberattacks are a constant threat that defender technologies and their elite threat. Hunters help you stop ransomware and become a more cyber. Resilient business learn more at bit defender dot com slash marketplace today for a high level expert opinion on how the economic recovery is going. I'm david brancaccio ever grand. That's the big real estate developer in china that scared investors across every time zone earlier. This week did come up with the cash to base some of its towering debt ever grants delos others something in the range of three hundred billion dollars and we'll see how that goes here this morning. The dow is up two hundred twenty five point seven tenths percent. Snp up half a percent. The nasdaq up. Three tenths of a percent understand how market players are digesting this. Let's consult susan schmidt. She's head of us equities at aviva investors. Good morning good morning so this big property management story out of china dominates our thinking on monday. You're not worried anymore remember that. The market is fickle. So well monday. That was the focus of attention. Now every grant his made a debt payment seemingly that makes everything all right the market is going to move past it and now we're really focused on what chairman powell says today after the fed meeting all right by the way ever grand the big company there does have more debt. But we'll leave that for another day now shortly after lunch. Depending on one's timezone chairman powell. The head of the federal reserve will talk about the future of pandemic stimulus. You'll be watching closely absolutely with the recent news about every ground and market jitters. It's passable that the fed might change the language around that. What's so maybe people were thinking they would taper back on buying bonds. I dunno october. That could possibly be delayed depending on what they say. People were thinking october. November would probably be the time with chairman powell's look at the factors impact on the economy. There are still big factors out there and the fed wants to make sure that the economy is back on solid footing or susan schmidt. She's at aviva. Investors chicago office. There thank you so much. Thank you the. Us climate envoy. John carey says he is delighted about a promise from china to stop building new. Coal fired power plants abroad burning coal belches carbon dioxide which speeds climate change the pledge was made by china's leader xi jinping at the united nations. The bbc's robin brandt has that crucial details will now need to be cleared up. Will this take effect. Will it cover new power. Plants approved but not yet built. We'll china also stop financing new coal-fired power stations abroad. This is progress. But it's the low hanging fruit in terms of china's addiction to coal off. The coal burned in the world is burned here and this country is still adding new. Coal power plants at home with a life span of up to fifty years. The biggest question remains when we'll china start to cut the overall number within its borders and substantially reduce dependency on the most polluting form of power generation. And i get that. The planet wide issue here is too much. Co two but in britain the acute crisis right now is not enough carbon dioxide for everything from fertilizer to soda pop pandemic distortions plus the uk's withdrawal from the european union are leading to the shortage. The uk government has just worked out a deal reopen a fertilizer plant. They're owned by a us company. That had closed last week due to the high cost of the gas and the carbonated beverages thing while the brits will just have.

susan schmidt chairman powell uk david brancaccio china fed aviva delos robin brandt John carey powell xi jinping chicago united nations bbc Us britain european union
"susan schmidt" Discussed on WLS-AM 890

WLS-AM 890

02:39 min | 1 year ago

"susan schmidt" Discussed on WLS-AM 890

"Hospitals treated 47 for gunshot wounds. Chicago Police Superintendent David Brown says his department is working with the city's alderman, business owners and residents to collect data on where beat patrols are needed. Most Not a dynamic of necessarily just boots on the ground. It's about, uh, us being in the right place at the right time using data driven Analytics so that we can make sure our deployments are where they need to be. A total of 61 were shot, including a three year old at his home on the South side. He's in good condition. There were 64 shot the weekend before with nine killed. Mayor likely introduced a $16.7 billion budget. Today, the city is facing a $733 million shortfall that will be filled by funding from the federal government's American rescue plan. She had more good news for Chicago residents and we propose to do this without Any new taxes, no reduction in city services and no layoffs. Alderman Anthony Napolitano tells John how There are things in the budget that he likes that there is an increased police budget that's going to be a huge help, but there's still some things that need to be worked out of that as well. Um, it's it's it's. Hopefully it's work in progress. As you know, the mayor says the budget includes no layoffs and no taxes on current properties. Dollars from the American Rescue plan will also go to fund tourism, community development and small businesses. Also at the City Council aldermen voted to free up zoning rules to allow this sale of recreational pot in and around downtown. Downtown Alderman Brendan Reilly urged council members to approve the measure, saying the city is losing potential business to the suburbs. The vote was 33 to 13 jitters on Wall Street today. At one point, the major averages were all off more than 2%. The major market averages all took a tumble their steepest declines in months. But Susan Schmidt, head of U. S. Equities at Aviva, Investors in Chicago, says no need to panic. Yet people are looking at it and seeing a reaction, But that's because the market has been going up for so long. So it's important to note that the market doesn't always go up. We do get these Pullbacks and we do get these periods of softening the reason for the declines. Analysts say. Investors are nervous over the default of a major Chinese real estate company and the ongoing debates over the debt limit in Washington, Derek Dennis ABC News All healthcare workers, college students and staff as well as pre K through high school staff should have received their first dose of the Covid vaccine in Illinois under Governor Pritzker's mandate, those not fully vaccinated routine testing will be required, and he's hopeful people will comply. What we've put in place is something that is workable, something that.

Susan Schmidt Derek Dennis 33 $16.7 billion $733 million John Illinois Washington 61 47 Anthony Napolitano U. S. Equities Wall Street Today first dose Aviva more than 2% Brendan Reilly ABC News today
"susan schmidt" Discussed on WLS-AM 890

WLS-AM 890

02:58 min | 1 year ago

"susan schmidt" Discussed on WLS-AM 890

"How they are moving those Haitians out of here and out of this country that that process has started the flights back to Haiti and other countries because we know Venezuelans and Colombians. Cubans are also in that group under that bridge. He says that the process has started to get those flights back to their home countries that temporary protective status they do not qualify. That's a B CS Kenneth Martin Reporting and 600 Federal agents have been deployed to the southern border to help in the crisis. A deep dive on Wall Street Today, the Dow saw its worst day since May. Susan Schmidt had of US equities at Aviva. Investors in Chicago, says one factor driving investors away as the possible failure of Chinese real estate giant Evergrande, which is said to be $300 billion in debt. The Chinese government has been talking about pulling back on stimulus. I think the market is looking towards what that means for the Chinese economy that has been a global growth driver for multiple years and seeing any change in that is going to impact market psychology. The down, closed out 614 points today. NASDAQ Down 3 30, the S and P. 500 down 75 points want to buy some John Dillinger memorabilia. The South Shore Convention Center wants to unload the artifacts, which includes a photo of the 19 thirties gangster's lifeless face, one of the submachine guns and his original tombstone from Crown Hill Cemetery in Indianapolis. The items have been sitting in storage since the Dillinger Museum closed in 2017 at the Crown Point Courthouse, The board has reached out to Chicago museums to gauge interest and assess the potential value of those items. WLS news Time is 406. Taking a look at traffic right now. We've got a bunch of accidents out there on the Eisenhower. We have an accident. Two left lanes are blocked inbound before Wolf Road delays running 36 minutes. Traffic is salad from York Road. On 18 94. We have an accident, blocking three left lanes westbound before Kennedy before Kennedy Avenue 78 minute delays, their traffic, a salad from Broadway and on the Stevenson. We have an accident on the right shoulder Inbounding CASS Avenue Traffic stop and go from the Veterans Memorial Tollway. On the Kennedy You're backed up inbound between Montrose and the burn with the legs running 23 minutes. Next traffic update in 15 minutes. You may have heard that I'll state has new low rates. But isn't it time to see for yourself with all state, you can lower your rates, not your expectations. Visit Allstate dot com or call an agent for quote today. Get news on the hour and a half and when it breaks continuous coverage at wls am dot com I'm Kim Gordon 8 90 WLS news. Okay, and we're back. I hope you had a terrific weekend Greetings and salutations. Seven. It's after four o'clock here in the city of Chicago, the county of Cook the state of.

Susan Schmidt 2017 Kim Gordon 614 points Haiti $300 billion 36 minutes York Road Chicago Broadway Kennedy Avenue 23 minutes 75 points Wolf Road 15 minutes Evergrande Veterans Memorial Tollway May Allstate dot com Indianapolis
"susan schmidt" Discussed on Marketplace Morning Report with David Brancaccio

Marketplace Morning Report with David Brancaccio

02:54 min | 1 year ago

"susan schmidt" Discussed on Marketplace Morning Report with David Brancaccio

"This marketplace podcast is supported by out systems. The application platform that enables every company to innovate through software out. Systems accelerates the development of business critical cloud applications build the difference without systems for more information visit out systems dot com slash action this marketplace podcast is supported by cyber reason. Cybersecurity defenders. don't fear ransomware. They end it with cyber defenders detect and stop ransomware that even others miss a promise backed by their one dollars breach warranty at cyber reason. They don't fear ransomware they end it. Learn more at cyber reason. Dot com is the powerful federal reserve. Chair gonna stick around. I'm david brancaccio. We're following a warning sign from the world economy news today. That chinese consumers did not by all that much in august given the cova variant and floods. It was way below expectations. Meanwhile perhaps a little less uncertainty for investors regarding who might run the powerful federal reserve. The publication axios is reporting. Some moderate democrats have been telling the white house. They'd be okay with reappointing. The current fed. Shared jerome powell. Let's consult susan schmidt head of us equities at aviva investors. We don't know for certain who is going to be appointed but chairman palestine really consistent that we need low interest rates to continue support the economy now having said that we expect the fed to announce a taper so taking away some of that support in their purchasing bonds in some of that support that they've used keep long term interest rates lower. Having a new chairman of the fed would introduce a whole new set of circumstances. You're not sure who would be appointed. It could be someone who is more interested in accelerating that pass to increasing interest rates or it could be someone who is more interested in keeping interest rates lower for longer and passably allowing the economy to overheat this month the government sponsored mortgage outfit fannie mae starts letting people apply for mortgages get brownie points for paying their rent consistently on time. Marketplace's amanda peter. Has that people without a lot of credit. History can have a hard time getting a mortgage but if they can show. They paid rent on time. Lenders may look at their application differently. Says jun-soo assistant professor at indiana university housing payment. History is powerful predictor of the mortgage performance. Fannie mae won't require every loan application to include rental history but for applicants who might not initially qualify. Underwriters can ask for rental documentation and fannie mae says this change could help correct housing inequities of the past while dijon genre. The latino economic development center says the change by fannie. Mae is significant gritty history. Studying the score is the biggest challenge in our community. The.

federal reserve david brancaccio jerome powell susan schmidt aviva investors fannie mae amanda peter white house palestine indiana university housing pay us jun latino economic development ce Mae
"susan schmidt" Discussed on Marketplace Morning Report with David Brancaccio

Marketplace Morning Report with David Brancaccio

05:37 min | 1 year ago

"susan schmidt" Discussed on Marketplace Morning Report with David Brancaccio

"And it's not certain if it's going to be jay powell again market tate uncertainty so until there's clarity on that that will come back to haunt the day-to-day investment community as they try to figure out if it will be someone more hawkish. So more inclined to raise interest rates or more dovish someone who will keep interest rates. Low always good to check in with susan schmidt at of us equities aviva investors. Thank you so much. Thank you did robert. Noyce the co inventor of the microchip ever envisioned the world economy would be controlled so much by his flat little circuits one reason. New cars and trucks are in such short supply and graphics. Cards for video. Gaming can take months to arrive is the pandemic era shortage of microprocessors. There's news that the chipmaking giant intel of california is ramping up. Its operations in ireland. The bbc's theo legged is at the international mobility trade show in germany where he spoke with intel. Ceo the oh. The company believes the will be a lot more demand for chips from europe in the s to come because this is a major hub of carmaking. Demand for chips is going to become ever-greater as cars become more complicated and more computerized and some won't that planning first of all intel already has a factory in county kildare in ireland and going to set aside some of the capacity in that plant to make chips for the auto industry based on other people's design. So that's kind of a short term fix if you like. But some of that capacity will be diverted to the auto industry beyond that. The company has ambitious plans to build new mega factories. In europe as pat gelsinger that chief executive intel told me when i met him earlier building. A new mega fab in europe. I believe we'll just reestablish what we've called this geographically balanced supply chain europe used to be forty four percent of worldwide semiconductors. Now it's nine percent just this decline. Has everything moves to asia if you look at the premium segment. Cars about four percent of the bill of materials of the car is semiconductors. Our estimates are by twenty thirty. That's going to go to twenty percent so you think we have importance of semiconductors and cars today. Unc nothing yet. This weekend marks twenty years since the september eleventh terrorist attacks. Much attention is focused. Down the street from me here in new york where the twin towers came down or at the pentagon in northern virginia. We're looking at western pennsylvania where the fourth plane flight ninety three came down in a field in somerset county that regional economy has been changing in these twenty years. A focus for us this week on this program. Marketplace's nova ofo joins us today from pennsylvania. David were headed to the shanksville area. Later this week. But we wanted to start in pittsburgh. The biggest economic center in western pennsylvania. The regional economy here has tried to diversify from stealing coal over the last two decades and one industry which pittsburgh is paying a lot of attention to is tech particularly autonomous vehicles and robotics. The idea here is used. Regional manufacturing and logistics strength for a new economy businesses. I visited alpha lab tech accelerator. It's managing directors. Jim jen he walked through. Part of the building where entrepreneurs can tinker with prototypes very cavernous space. It's a cavalier space. We have a machine shop here with tools and

intel jay powell susan schmidt europe Noyce pat gelsinger ireland aviva kildare bbc robert germany california shanksville Unc us
"susan schmidt" Discussed on Marketplace Morning Report with David Brancaccio

Marketplace Morning Report with David Brancaccio

03:55 min | 1 year ago

"susan schmidt" Discussed on Marketplace Morning Report with David Brancaccio

"Reason dot com federal regulators. Want to know more about how seriously maker of jetliners takes safety. I'm david brancaccio. The federal aviation administration is launching a review of the work culture. At the aircraft maker boeing. This comes after some boeing employees who work as safety inspectors complained of being leaned on by supervisors marketplace's. Nancy marshall. genzer is here with some details. If you could start with these complaints yet. These workers are part of a group of boeing employees who actually work on behalf of the faa. They sign off on safety assessments and improve aircraft for delivery. The faa surveyed. A small group of these workers. Some said they feel pressured by managers when they raise safety concerns. One engineer said after he spoke up managers shopped around for another engineer. Who wouldn't complain. And some boeing inspectors said. They felt pressure from other company engineers. Who didn't want to slow down the production schedule. What's the faa gonna do about this. It's going to survey all of the boeing employees who work on behalf of the faa and faa official. Who helps oversee boeing wrote a letter to the aircraft manufacturer. Outlining the complaints from the boeing inspectors the f. as getting ready for review of boeing's culture required by congress after two fatal crashes of boeing seven thirty-seven. Max jets. The faa has been criticized for relying on boeing employees to help with aircraft inspections. But the faa shorthanded and boeing is supposed to give these employees free rein to raise safety concerns without interference. And what is boeing. The company have to say here a boeing. Spokesperson emailed me a statement. That says quote. We take these matters with the utmost seriousness. boeing also says it's continuously working to improve the processes. It hasn't played to ensure the independence of the boeing employees. The faa relies on ansi. Thank you the. Snp and the nasdaq indicators. Hit new record highs yesterday in early trading this morning the s&p is up by less than a point so flat. The nasdaq is up a tenth percent. The dow is down a tenth percent. Forty five now. Let's get a read on this from susan schmidt at of us equities at aviva investors. Good morning to you. Good morning so what do you make of these new highs. It's not like driven on new quarterly profits reports. There's still a few coming out. But the big onslaught of those was weeks earlier. It was. It's a positive that continuing to carry the market. Investors take a lot of confidence in actual data rather than assumption in here we have it with earnings reports management teams. Were out saying that things are actually getting better. They have a pretty good outlook for their businesses. Going forward in the market likes to hear that and at the same time we have vaccinations increasing. I think that's why we're seeing new highs in some of these indices say record high but not huge volatility. Here this morning to start. I guess it's late august. It is late august so a lot of people are on vacation or tuning out of the markets. They're trying to take a break in. The market here is really waiting to see how the rest of the year pans out. We've had the delta very caused jitters early in the summer but that seems to have calmed down now that people have heard about earnings. They've also heard about the expanding vaccination programs and they've continued to see monetary policy support. All right i'm going to be inspired by this late august. Turn off your market screens. I'll try susanne. Schmid head of us. Equities aviva investors. Thank you so much. Thank you know. I want the ten year interest rate is up at one point three one percent now ahead of all the bankers doing their international central banking conference online. Starting tomorrow to last week was supposed to be in beautiful jackson hole wyoming in person but with delta variant. It'll be staring at their.

boeing faa david brancaccio Nancy marshall genzer Max jets susan schmidt aviva investors congress s us Schmid susanne aviva wyoming jackson
"susan schmidt" Discussed on Marketplace Morning Report with David Brancaccio

Marketplace Morning Report with David Brancaccio

04:01 min | 1 year ago

"susan schmidt" Discussed on Marketplace Morning Report with David Brancaccio

"This marketplace podcast is supported by cyber reason. Cybersecurity defenders. don't fear ransomware. They end it with cyber defenders detect and stop ransomware that even others miss a promise backed by their one million dollar breach warranty. At cyber reason. They don't fear ransomware. they end it. Learn more at cyber reason dot com. I am hollywood host of marketplace tech. A show that helps you understand the digital economy. How will more of the country get access to better internet. What new jobs will artificial intelligence create or destroy and what tools will help us. Survive are already changing climate. We tell the stories behind the technology in our lives and every weekday. Our podcast brings you insight. You won't hear on the radio checkout marketplace tech. Wherever you get your podcasts why markets have had kind of a sad week from marketplace. I'm sorry ben. Ashore in for david brancaccio the week in markets to summarize was blocked the dow lost a percent and a half since monday s and p's down almost as much. There's been a lot on. Investors minds. Susan schmidt is head of us equities with aviva investors. She's here to help us unpack this week. that was. hey susan good morning. So what's behind this. Why are markets. Why have they had a sad. Weak markets have had a sad week. So we're really seeing some pressure in the small cap stocks that's evidenced by the russell two thousand index deaths down almost four percent for the week but the snp and the nasdaq are only down one and a half percent. I think this really shows the fear of a slowdown in the economy. We've got news of the delta variant spreading we have concern over growth and inflation both going away and at the same time. We've had some impact from the fed minutes that came out this past wednesday right. The fed said that basically there's this emerging consensus that they're gonna stop purchasing as many treasuries to stimulate the economy. Why do businesses really care about that. Well they care for a couple of reasons because it means that the fed is going to withdraw some of its support from the market and interest rates are probably going to go up as a result with that you're going to have some concern that companies are going to be impacted concerns about growth. Maybe things aren't going to be as great as estimate two months ago initially suggested. And we're seeing that reflected in the markets particularly in those smaller companies. All right susan schmidt head of us equities with aviva investors. Always a pleasure. Thank you a lot of homes being sold out. There are selling for more than their asking price. That is the reality in today's housing market and there is one place in the us where this phenomenon has blown up more than anywhere else. And that is austin texas which is coincidentally. We're marketplace's andy euler lips. He took a look for us. It what it is like to try and buy a house down there right now after about nine months of how shopping in earnest jesse robbins and his wife. Hannah finally purchase their first home in south central austin in june. You know listen for five hundred. We got five thirty. So i felt like i had the deal of the year. Thirty thousand dollars above asking price actually. Isn't that bad. Some twenty seven hundred homes in austin have sold for one hundred thousand dollars or more above their listing price this year. That's according to the real estate brokerage red fin. Daryl fairweather is chief economist. There she says that disparity between list and sale prices due in large part to so many people buying from out of town. The average on counter had a budget of eight hundred and fifty two point five thousand dollars and that was thirty two percent higher than the locals. She says. remote workers are moving in droves to austin for more expensive places like san francisco and new york city the median home price in the austin areas. Now five hundred and seventy five thousand dollars up thirty percent.

Susan schmidt david brancaccio fed aviva hollywood andy euler austin ben susan us russell jesse robbins Daryl fairweather south central Hannah
"susan schmidt" Discussed on Marketplace Morning Report with David Brancaccio

Marketplace Morning Report with David Brancaccio

02:03 min | 1 year ago

"susan schmidt" Discussed on Marketplace Morning Report with David Brancaccio

"Com inflation might just be letting up finally from marketplace. I'm revenge short in for david. Brancaccio the consumer price index rose point five percent in july. If you take out energy prices and other volatile factors the jump all over the place you get an increase of point three percent that is substantially lower than the month before point nine percent and that is the first piece of hard evidence. We've got that the crazy inflation we have seen during the recovery. Might actually be temporary with us to talk about it. Is susan schmidt of us equities with aviva investors. Good morning good morning. So does this mean that. We are turning some kind of corner in this inflation journey. This economy's been on well quite possibly. This is a good sign. And i think the market is going to take this positively. We have been very concerned about inflation. And how much prices are going to increase as a result this consumer price index data. That came up. This morning is a positive people. Were expecting a point. Four percent increase month over months x. food and energy and instead we got two point three percent increase. That doesn't sound like that's a big difference. But the differences between this month and last month last month the increase was almost a full percent. This is good because it shows that those price increases are bathing. They're coming down. And i think the market is gonna look at that and say that. That's a positive. We want things to start to stabilize. Susan schmidt head of us equities with aviva investors. Good as always to talk to you. Thank you senate. Democrats squeaked through president biden's three point five trillion dollar plant support family services healthcare environmental and climate change programs at passed on a party. Line vote fifty to forty nine in. That came hours after the senate passed the less contentious part of the president's agenda that focused on fixing the nation's roads and pipes and public transit that one trillion dollar package got bipartisan support. And tucked away in there is sixty six billion dollars..

"susan schmidt" Discussed on Marketplace Morning Report with David Brancaccio

Marketplace Morning Report with David Brancaccio

04:46 min | 1 year ago

"susan schmidt" Discussed on Marketplace Morning Report with David Brancaccio

"Com with new york governor left with few friends after a report detailing his misconduct. What does it take to stop on the job harassment. I'm david brancaccio in the wake of a report by the new york attorney. General that the state's governor andrew cuomo sexually harassed eleven women in violation of the law. The gears of impeachment are starting to turn cuomo and a prepared video sees the incidents of unwanted sexualize touching as misunderstandings. Also the governor's office says it's brought in an expert to redesign harassment training for the staff and the governor whether or not cuomo is soon addressed as ex. Governor is something many are monitoring this morning but among policy issues raised here for organizations large and small. What do we know about redesigning reporting systems and training so people are treated right in two thousand sixteen. The federal equal employment opportunity commission studied. What kind of training is especially useful. I spoke this morning to marcia mccormack and employment law professor at saint. Louis university said there is a large body of scholarship that suggests that simply providing an opportunity for people who experienced harassment. Themselves report isn't very effective. There are a number of reasons. people don't report. There are bad things that happen to people who report and so the eeoc is suggested that harassment training needs to be championed by senior leaders repeated in reinforced provided employees at every level in location of the organization and tailored to the specific workplace and that bystander training in particular is very effective to allow co workers to intervene in ways. That are not risky them. But that stops conduct. That could get worse or that might be harassing so bystander. Training not just supervisors who in companies are required to take action if they hear reports of some kind of misconduct but someone who might not be a manager. That's right and bystander. Training is especially effective because it is a way to interrupt was happening. One of the things that happens. Is that when people complain about discrimination against themselves and this isn't the technical psychological term but essentially they're perceived to be weiner's their complaints are sometimes not taken seriously are often not taken seriously and so when a person advocates on behalf of another that doesn't happen and so not only is the conduct interrupted while it's ongoing if there is someone present who can act as a bystander but also reporting by a bystander doesn't trigger the same kind of psychological backlash and potential for retaliation usually that the person who experiences the harassment reporting it might so one hopes that training can have a inappropriate effect but in any organization whether or not the boss lives the policy is got to also be a factor in defining workplace culture. Well that's exactly right and that was one of the key findings of eeoc's task force. Is that you know an anti harassment policy or harassment prevention which is really their their focus has to be championed by senior leaders. Marcher mccormack is an employment law professor at saint louis university professor. Thank you for this. You're very welcome. It was my pleasure. There's news a private sector. Tally of the number of people hired onto payrolls in july has just come in much weaker than expected. Professional forecasters were expecting hiring to be twice as large the official jobs. Report is not out until friday. Though many wednesdays we consult susan schmidt at of us equities at aviva investors either. Good morning i know this private sector. Adp report which comes out on. The wednesday doesn't always sync up with the official jobs report. That comes out monthly on fridays. That said this doesn't look all that good no. Adp reported an ad of three hundred thirty thousand jobs to the economy. Now that sounds pretty good on its own. Except estimates were almost seven hundred thousand to be added. Adp numbers have been different from the government. Numbers that report on friday. And so i think the market is gonna discount this a little bit but that is still a big difference than what people were expecting in certain sectors are taking this harder than others most definitely. We're we're seeing. The biggest decline is in leisure and hospitality. Remember the those industries were hardest hit by the pandemic and they have the longest road to go to get back to normalcy. Susan schmidt head of us equities aviva investors out.

david brancaccio cuomo federal equal employment oppor marcia mccormack Louis university andrew cuomo new york Marcher mccormack weiner Susan schmidt saint louis university aviva us government
"susan schmidt" Discussed on Marketplace Morning Report with David Brancaccio

Marketplace Morning Report with David Brancaccio

02:30 min | 1 year ago

"susan schmidt" Discussed on Marketplace Morning Report with David Brancaccio

"About spiking crude oil prices. This morning susan schmidt is head of us equities at aviva investors. Good morning good morning the number of people signing up for unemployment benefits not the ones already on the roles of the one signing up that one in the right direction in the last week You know recovery. Taking its time i guess. Indeed that means more people are getting back into the workforce and that's what the market is looking for. We want to know that the economy continues on that march towards normalcy. Oil is up more than three percent. Getting close to seventy six dollars a barrel and i can remember what early in pandemic it was rather cheaper. It was much cheaper early in pandemic. in fact you had to pay people to take it. Oil prices actually went negative. But that's because storage was hard to find because demand just wasn't there. Now we see oil north of seventy five dollars a barrel. That's the highest. it's been since twenty eighteen and it also means that we're seeing good balance in the supply demand. Yes the economy recovers in the world. Hopefully also recovers if more demand for fossil fuel which can have another discussion about climate change but it is an indicator absolutely and yet another thing. That's keeping the market at these higher levels. It's a reason for investors to take confidence that we're getting back to normal susan schmidt at aviva investors. The chicago office there. Thank you so much. Thank you robin hood. Where many younger players go to trade stocks without a commission is paying seventy million dollars to settle complaints about misleading customers. This is the biggest penalty ever imposed by wall. Street's self-regulatory body that monitors broker dealers marketplace's nova safa has more the financial industry regulatory authority. Finra for short says the size of the penalty reflects the seriousness of the allegations against robin hood. Among other things fenner says the company misled customers including their risk of loss approved inexperienced users for risky traits and failed to adequately supervise core technology leading to a series of outages. The most serious outage was last year in march. During heavy market volatility. Fenra says some customers lost tens of thousands of dollars because they couldn't access their accounts as part of the settlement robin hood neither admitted nor denied finres allegations in a statement it also highlighted recent improvements to its customer service but the company did agree to hire a third party consultant and to abide by any recommendations for changes to its business..

susan schmidt aviva investors robin hood nova safa us fenner Fenra chicago finres
"susan schmidt" Discussed on Marketplace Morning Report with David Brancaccio

Marketplace Morning Report with David Brancaccio

02:23 min | 1 year ago

"susan schmidt" Discussed on Marketplace Morning Report with David Brancaccio

"Fuel as a commodity and fossil fuel climate antagonised. I'm david brancaccio. The price of crude oil is spiking with some of that driven by some economies around the world that have been able to move away from restrictions on movement given the pandemic crude is up nine tenths of a percent to sixty eight thirty three a barrel. Now that's off. Its highs of the day but could we see day soon when oil is above seventy dollars to go back to the fall of two thousand eighteen to see wholesale prices that hi susan schmidt is head of. Us equities at aviva investors. We're seen some positive movement in the price of oil and that means that there is optimism on the global economy as people. Get more confident that the economy is coming back online. The price of oil is increasing. And we're seeing our approach levels that we saw in two thousand eighteen. That's a healthy sign on expectations. Susan schmidt at aviva. The dow is down eight points in early trading here. The snp is little changed. The nasdaq is up. Five points a new round of online chatter is boosting the so-called meam stocks again this morning stock in the amc theaters chain is now up. Nineteen percent blackberry. Remember that name up eight percent at the moment what to do with. Dead retail space is a question for local governments across the country. A bulldozer is an uninspiring way to deal with an empty. Jc penney what about turning it into affordable. Housing will a bill in the california legislature addresses. This but there are issues. Here's marketplace's matt levin even if the macy's as well past its prime in the cinnabon line no longer wraps around. The food court of fading mall will often have a powerful defender from cities. Who don't really wanna let go of that. Sales tax revenue. David garcia is a housing researcher at uc berkeley. He says that's often why won't rezone malls for apartments. The california proposal chips away at cities power to do that. But it doesn't address the stores themselves. So like macy's could have power to veto any redevelopment plans of parking lot anchor tenants often have long term parking leases. They may give up some of that space for luxury condos but maybe not low income apartments sacramento developer. David mogavaro says the economics of mall. Conversions are always tough but the pandemic has knocked out some of his former competitors. Office is dead in the water to see that mogavaro says.

David mogavaro David garcia Nineteen percent Susan schmidt david brancaccio eight percent mogavaro eight points Five points susan schmidt sixty eight thirty three a bar two thousand eighteen above seventy dollars nine tenths california this morning Jc a percent aviva uc berkeley
"susan schmidt" Discussed on KQED Radio

KQED Radio

09:03 min | 2 years ago

"susan schmidt" Discussed on KQED Radio

"What about Joe Biden? So thank you for the question and thank you for having me here this morning. In fact, what I think is important is the bipartisanship and the nature of the relationship between the United States and Israel based on shared values and, indeed, the way forward And as you indicated, with the possibility of a two state solution has been transformed radically. Because we have seen a historic shift in the Abraham accords from the three nose of the 1967 Heart Tomb Conference. No to recognition of Israel. No to Negotiation and no to Peace to the three yeses? Yes to recognition yesterday. Goshi ation yes to peace. In fact, in that order, enabling The recognition of peoples and and I would say the possibility forward with all peoples with all nations willing to recognize the state of Israel's right to exist as a Jewish and democratic caving the past negotiations, ultimately creating the opportunity for sustainable and long lasting peace. You referring there, of course impart agreements signed with a lot of Arab states that was achieved very much under Trump's impetus, I suppose, and his team, of course on what do you have on the specifics of what Joe Biden would like to push through. So we already know that the Abraham accords are ones that actually reflect historic As I said, processes a shift from rejectionism to normalization, and I wouldn't accord them tow one president or another, but to the shared interests again is their name indicate the Abraham accords to the shared values and interests of countries in the region. Actually, as they face a common threat, the threat that is of namely Iran On a state that is exporting terror and under that understanding that we share very similar or that what unites us, I would say is far greater than what divides us. I believe that the Abraham accords not only are based fundamentally on shared values and enabling AH, path forward between the peoples of the region. But also highlight those people's those countries that are aligned with the imperative to move forward. And and I you know, I heard the back end of your interview before and the indication of unity and what globally we can achieve. And if covert 19 has taught us anything as a world, it is that when we stand together when we think of the amazing achievement of these vaccines developed Imagine what we could do in the areas of climate change of advancing world peace in this way, and the Abraham accords are a step forward in that way, And so when we look to that, I believe, and the Biden administration has indicated is such that we will be continuing these processes of mutual recognition negotiation, ultimately paving the path to peace with all nations, with all countries willing to undergo that process. I'm glad you brought up Iran bite his nominee for secretary of state. Has said that they're ready to return to the Iran nuclear deal. Something of course, the Trump Administration tour up. Would that be a mistake? Do you think So the question is what we're returning to. And I would say that if what we're looking at and all peoples of the region, as you seen, as we speak about the Abraham accords recognized that this threat is one that affect our very survival, But I would say that if we're looking at Iran as a test case for where we implement not on Lee on D J C P away, not only measuring as a nuclear development but also ballistic missiles and also the export of terror and also the export of incitement and hatred to the Region and beyond it, then we are able to look at the United States that is a trustee of international law and human rights. That can, in fact, play not only an important rule but shape and influence the entire world's understanding of how we impose international law and human rights consistently and equally to all so not enabling the double standards, which ultimately empowered the culture of impunity that Iran has benefited from over time. And if The renewed or new agreement with Iran can achieve all that. Then we will have really come a long way again with an alliance in the region that is very clear on the imperative to really not zero in on Lee on, By the way, when we zero in on the nuclear developments, Of course they must be implemented, then they must be held to account. And that also has sort of gone by the wayside as we see Iran posturing for a new administration and testing if you will President Biden President elect Harris even before they entered the White House on day that will be a process that we will have to closely follow and monitor because that is coming to a head indeed. How could no one Israeli MP thank you much indeed for your views. This'll is news. They are top headlines this morning on the BBC President Biden has signed executive orders the tackle two of the biggest crises facing the U. S coronavirus and Climate Change. Washington has rejoined the Paris climate accord on the W. H O and Mr Biden has asked the top U. S expert On infectious diseases to address the W. H o this morning. Meanwhile, Britain on the European Union embroiled in a vow over the diplomatic status of the EU ambassador to London And let's hear now what's a top in the world of sports with headlines with our last Let's thank you, Bala. It's Christiano Ronaldo, who has his name in the record books again. Now there are various ways to measure who the greatest goal scorer in history is. But in terms of goals scored in officially recognized competitive games, no one has scored more than the 760. He has now netted. Moving ahead of yours a bit Chance. 66 year old record thanks to his opening goal in your rent is is two nil win over Napoli in the Italian Super Cup in an hour's time will speak to one of the few allowed into the stadium to watch that match as well. Someone had to be the first team eliminated at the African Nations Championship. That unwanted title falls to Zimbabwe after their 31 defeat to Burkina Fasso, coupled with the one all draw between Marley and hosts Cameroon, who between them are the tip. Top two teams in that group still four points each going into the final round of fixtures. In England. Manchester City briefly moved to the top off the Premier League with a two nil win over Aston Villa, but only until the final whistle blew it. Craven Cottage soon afterwards as Manchester United's to one win at Fulham, but then back top again. The N B A has just postponed 1/17 game already this season because of its coronavirus safety protocols, the Memphis Grizzlies are unable to feel the minimum eight players against the Portland Trail Blazers on Friday. Rose. Thank you very much, indeed. Catch him again in about 25 minutes time, But for now, we are going to go back to our top story. The inauguration off Joe Biden, president of the US, We had a lot of political views. Let's find out what investors think. And Andrew would he sit out? BBC Business desk in Hong Kong? I think investors Wall Street there on the whole, quite welcoming Tol President Biden they may have had they may still have some misgivings about his policies. That he might be listening, perhaps a lot, too, some of them or left wing and progressive elements of his party who might want to make life a bit more difficult for business with things like regulation and so on. But broadly speaking, this will stop markets up about 2% so far this year went up by the wall stir that the Dow Jones industrial average went up by 20.8% overnight. On guy think there's thistle sense that perhaps President Biden is a bit more competent than President Trump wants? Certainly, as far as the cove it getting the Kobe vaccination to people is concerned. Anyway, as Susan Schmidt over the for investors in Chicago has one says investors have high hopes that President Biden's going to do better. There has been some false starts. I think there is a lot of expectation that Biden administration will focus on that immediately and that vaccine distribution getting out and getting more Americans vaccinated is what is going to be critical to getting the economy back in working order and hasten that path to normalization. Was Susan Schmidt Ear's Aviva Investors in Chicago. Yeah, not just covert to sort out, though in the economy. Well, there's the relationship with China for a start to to sort out. Remember President Trump signed executive orders banning a lot of companies on banning Americans from doing business trading in shares of a lot of Chinese companies. Who's seeing like just before would a few weeks ago, The New York Stock Exchange said it was going to follow in American President Trump's executive order and D list three Chinese telecom companies. Then, a few days later, it said, no, it wouldn't do it. And then it said that few days later again, it said it would well now those three companies are saying to the New York Stock Exchange..

President Biden Iran President Trump President Biden administration Abraham United States Israel executive president Lee Susan Schmidt Christiano Ronaldo New York Memphis Grizzlies Craven Cottage England European Union
"susan schmidt" Discussed on KQED Radio

KQED Radio

06:32 min | 2 years ago

"susan schmidt" Discussed on KQED Radio

"And a few of our top headlines this morning as we've been hearing, President Joe Biden has find a series of executive orders to tackle his agenda priorities the coroner, virus pandemic, climate change and racial injustice, and he said the need for action was desperate. And it was an inauguration day like no other, which closed with a TV spectacular rather than the traditional balls and elsewhere. Britain and the European Union embroiled in a vow over the diplomatic status off the you, ambassador to London. We've talked to a lot of people to get their reaction to the inauguration of Joe Biden. Let's find out what investors think. Joining us now is Andrew Wood of our Business desk and he's in Hong Kong high injury. Wall Street has broadly speaking, I think welcomed Mr Biden at the moment, I think they realized that the key task the tea thing that's stopping the proper economic recovery in the United States is the coronavirus on I think that a lot of people a lot of investors had really lost patients or lost confidence. With President Trump on the way that he was dealing with it in particular about how he was going to roll out the Corona virus Vaccines on D. I think that what Susan Schmidt as Aviva Investors in Chicago says that investors now have high hopes that President Biden is going to do better. There has been some false stars. I think there is a lot of expectation that Biden administration will focus on that immediately and that vaccine distribution getting out and getting more Americans vaccinated is what is going to be critical to getting the economy back in working order and hasten that path to normalization. And, of course, so that was Susan committed Aviva Investors in Chicago, the on Wall Street, the Dow Jones industrial Average rose. I think that 0.4% last night or over overnight, so Heading upwards. That's the tradition of that's the trajectory has had now since basically the end of the panic last year about coronavirus in in March, when we're talking about the economic challenges facing Joe Biden, those not just about sorting out over those it, 100 Yeah, There's a lot of issues here now. President Trump had on the whole quite a good reputation with business because Apart from his trade war with China, he didn't really do very much. He just let things continue in particular. I think a lot of businesses like to the way that he he started basically attacking the idea of regulations, he said. You know, for every new regulation the government came up with it had to get rid of two other regulations and so There's this feeling that perhaps President Biden is a man who will the Democrats in general tend to light regulation and controlling things much more than the Republicans did on. I think they're they've been looking investors been looking at some of the people that Mr Biden has chosen to head things like agent consumer agencies and so on. I think that there's gonna be a lot more consumer protection coming along. There'll be a lot more environmental policies and environmental regulations. And broadly speaking, that will mean war costs for businesses on dwarf costs for businesses means lower profits, but I think at the moment Saying earlier. I think there's a sense of relief, perhaps on Wall Street that President Biden is in control and certainly when it comes to dealing with the coronavirus. I think there's a feeling that he's a lot more competent than President. President Trump wants And you can all thank you very much indeed. Do you remember you can come into on any off these issues? This is news day from the BBC World Service. Now let's get a sports without Russ and Christiano. Ronaldo has broken the all time record for the number of goals scored in official competitive football matches his opening goal in your entities TUNEL Super Cup win over Napoli Takes him to 760 career goals. Zimbabwe have become the first team to be eliminated from the African Nations Championship after a 31 defeat by Burkina Fasso in Group A. That, coupled with hosts Cameroon being held to a one all draw by Marley became a fast so Cameron and Molly now all separated by just a point going into the final game, with just two qualifications spots available. Manchester You know, I should have gone back to the top off the Premier Li thanks to pull poppers brilliant goal in a 21 win over Fulham. Injuries to give into Broner and Kyle Walker Mark Manchester City's too no win over Aston Villa. And in the MBA. Cameron's Joel Embiid start with 42 points as his Philadelphia 76 has beat the Boston Celtics 117 to 109 off the court, though 11 more players have tested positive for coronavirus. Thank you, that our US he'll be back in around half an hour's time with a full ability I'm talking off the colonel virus. Lack of oxygen supplies has been one of the biggest problems in helping treat those with severe covitz symptoms. Venezuela's supplying emergency supplies to Brazil in a British charity is sending oxygen canisters to Pakistan. Is also sending medics as any third country reports. Around half a million cases more than 10,000 deaths. Pakistan is fighting a new wave of coronavirus cases. And it's with help from British Asian doctors were packing some equipment and medicines on the charity meeting. Doctors has been providing oxygen and medicine to hospitals in myself for bar than mere pour his doctor Jabar, their mother, Rosa. For the last three weeks. You're contributing daily up to 60 large oxygen cylinders, plus medication for at least 10 to 15 patients every day in terms of practical ability to respond very quickly and to fill the gaps that the local health infrastructure doesn't have. I think that is very are key strength comes because there's no red tape involved. The charity operates from an NHS inspired hospital in his art cashmere. I set it up after seeing an unmet need for it. When you K based doctors went out to help earthquake victims in 2000 and five were way are true. Another second peak off covert organization like where the doctor the help us, So we were doing much better than before, Like, six months back. Dr Suhel Khan. Roger works at a hospital in Muzaffarabad that middle and doctors is helping. Why do you think Pakistan's fed a bit better, though, than some places thought it would perhaps like a larger proportion off younger population, and they have been exposed to multiple infectious agents like tuberculosis..

President Joe Biden President Trump Aviva Investors President Pakistan Susan Schmidt Chicago European Union London Andrew Wood Cameron Britain Hong Kong executive BBC World Service United States Manchester Dr Suhel Khan
Dow hits 30,000 as Donald Trump signals exit from White House

Pat Thurston

00:55 sec | 2 years ago

Dow hits 30,000 as Donald Trump signals exit from White House

"Historic marker President Trump earlier in the day, holding a last second briefing for a victory. Last stock markets just broken 30,000 never been broken that number It's a sacred number. 30,000. Nobody thought that ever see it. That's the ninth time since the beginning of 2020. And it's the 48th time that we've broken records in during the Trump administration. But there are several factors giving a boost to investor confidence. While President Trump appeared to take credit for the Dow passing 30,000 points of Eva investors, US equities head Susan Schmidt suggested other reasons. We've had a very strong third quarter earnings season. We've had positive news around development of vaccines, and we have clarity around the administration's transfer power markets rise and fall with every Administration President elect Joe Biden didn't mention it as he announced his Cabinet picks A B C's Andy Field. I'm Michelle Franzen,

Trump Administration President Trump Susan Schmidt United States Joe Biden Andy Field Cabinet Michelle Franzen
Dow Jones Plunges 1,400 Points

News, Traffic and Weather

00:30 sec | 2 years ago

Dow Jones Plunges 1,400 Points

"Outbreak continues to eat away at the stock markets Asian markets slid further on Thursday after the Dow lost six percent closing below twenty thousand on Wednesday and wiping out all gains made since president trump's inauguration Susan Schmidt at Aviva investors and that kind of environment short term valuation tools don't work because there is so much uncertainty in the markets are really stepping back from that I think a lot of investors continue to want to move to the sidelines and stay out of the way she expects a quarter or two at least of negative growth in the gross domestic product

Outbreak Donald Trump Susan Schmidt President Trump