35 Burst results for "Thirty Eight Billion Dollars"
News Companies $38 Billion Better Off Since Pandemic
"The. Us case largest publicly listed news companies are now worth thirty eight billion dollars more than they were before the covid nineteen pandemic. this is golden system research from present. Which found that newscorp new times thompson reuters daily mail polish. The mt and the mirror group owner reach are among those companies have seen that stock market values increase since the end of two thousand nineteen important to know not every media organization has whether this as well include yes they include adver instance i tv which has seen a reduction in its Share price as a result of catastrophic. Drop in tv appetizing. Outspent butts six. They claim will sixteen of the news and information companies examined for the research have recovered from the depths of the corona virus crisis so we have spoken at length about organizations like the f. t. and the mit about why those guys have weathered the pandemic seriously well. Are you surprised that it seems to be assaultive across the board thing for every single one of the companies. They looked up. And this is a thing. The surprise me when i first read that. Actually when you think about it isn't surprising that the ads poice by this massive comeback this year. And you've got all these digital businesses that were re already hit by Got decline over the last like five ten years that ashley suddenly like having all these i think it's like travel alcohol rule these companies that have wasting everything to open over the summer this throwing like a years worth of marketing budget at digital media companies must been spend. I thought my point people may spend money but no one's been responding to advertise in the sense that you will ties to all of the law. How are you going to do Yes it by a car. Well so the traditional arabic ad spend is the. I'll just haven't been able to spend all wanted to spend
30K Macs are infected with ‘Silver Sparrow’ virus and no one knows why
Are airlines clear for takeoff?
"Also got some encouraging new numbers from the TSA the agency, screening more than half a million passengers for the first since the coronavirus pandemic hits and Credit Suisse issuing some calls on the space southwest, the big winner getting upgrade as analysts believe the airline is well positioned for a comeback, but the firm downgrading united and spirit so are the airlines clear for takeoff Jeff Mills Holy. Cow United Airlines up twenty percent today. It's interesting, and I just WanNa make the first point which I think is critical at these levels and in this market when you're buying into the airlines, you have to understand what you're doing. What you're doing is buying into a Beta trade, which is completely linked to the reopening so this afternoon. Just for fun. I looked at American Airlines Delta MGM. Casinos, a couple of the cruise lines, and I looked at the correlations. If you go back to twenty, nine thousand nine as an example, then you average. Average out the correlations. If you just do a little matrix, it was point four three, so not that high from the bottom. Those stocks have been correlated an average of point nine six. You're basically looking at the same chart so when you're buying into an airline I don't know that it's anything idiosyncratic relative to the fundamental, so I want to make that point very clear upfront I've been cautious as it relates to the airlines. I think there are some risks as we move into the fourth quarter. Is Business travel going to come back. Are we going to get a second wave of the virus? I think there's this pent up demand right now, so you're seeing traveler throughput increase, but those TSA numbers we above five hundred thousand for the first time we were at about one hundred thousand per day at the depths of the the economic shutdown. Let's not. Not Forget I mean that's good, but this same day in two thousand, nine, thousand nine. That number was two point six million. We have a lot of ground to cover in terms of getting to where we need to be from demand standpoint. Last thing I will say just in terms of picking names within the space I. Think you WanNa. Look at A. A few things you WANNA look at exposure to business travel you WANNA look evaluation. I, also think you WANNA look at exposure to international travel, because that demand hasn't clearly come back yet. The name I think that might be best positioned for all of that is actually south west in terms of their revenue mix exposure to international travel, and their evaluations actually look a lot better. Some of the names like American spirit jet blue. If you look at them from an IT perspective, even that these depressed price levels given the debt that they've added during the last couple of months, evaluations actually don't look that attractive so in a space I don't like much. I think South West might be the name. Michael What do you make that? Wyndham CEO was Unin closing bell, last. Hourani, said leisure travels picking up, and he seemed bookings increase for eight straight weeks, but jeff makes a good point about the business travel. What do you? What do you think that all adds up for for the airlines? Some opportunity here? Stay away no way yet. Well. I, think it certainly depends. Name by name is picking up off such a low level that you know. Those types of increases in percentage terms are going to see material, but that doesn't necessarily mean that certain players in the space are going to be in good shape, taking a look at American for example. You know this is a company where you're looking. Looking at relatively short data debt that's trading at just over fifty cents on the dollar. And what that tells you is that the bondholders still have significant concerns. The reason the equity does so well is because it is coming off such a low level. It's a speculative by as Jeff was just alluding to on a reopening, but that doesn't necessarily mean that in. In the long term, these companies are going to end up being successful. You know if you're looking at companies that have accumulated a massive amount of debt than the enterprise values was talking about might actually be very little change, you know. It was just over forty billion dollars at the end of twenty, nine, thousand nineteen for American. Airlines around thirty eight billion dollars. Dollars now it's just the equity component that's down, but debt has been added of those big carriers. Maybe Delta Airlines is probably the highest quality, but you're really playing with in a very dangerous space when you're dealing with levered businesses that are so closely tied to a recovery and needing that second wave is going to hit them very hard if it comes. So, what do you think PK? You WanNa play a dangerous game. WanNa wait into the airline's. Name more like Boeing you walking away. No, no I want you know it's going to be hands off for me I. Mean Really What you've got here. Yeah, was the retreat here certainly but any asset that's up twenty percent I don't care if it's an airline Boeing or bitcoin up. Twenty percent takes off the table. People I mean take a little bit of profit. Wait for another day in the long run. I, do think these are challenged. All right so you are sending those warning signs
Farmers are Swimming in Milk, but Can't Get it to Needy Food Banks
"Spilled milk. It has a whole new meaning. These days with restaurants schools and universities closed. Dairy farmers are swimming in millions of gallons of milk. They can no longer sell at the same time. Millions more Americans are hungry. Food banks across the country are seeing dramatic. Spikes in demand is unemployment swells. But they don't have enough food one of the products in short supply. You got it milk. Here's what the mismatch looks like spring the time of year when cows produce the most milk so they have more milk than usual and much less access to their regular customers and even though farmers are donating some milk food banks according to the New York Times they're still dumping about one and a half million gallons daily that's because farmers have been limited in their ability to give away enough milk to prevent the enormous waste time set but couldn't they just give away more milk. The short answer is no and the reason is two pronged for one. Food Banks. Don't have enough refrigerators or volunteers to handle too much milk at once. The other reason is that the cost of transporting and distributing milk is just too high for many farmers produce. Growers and cattle ranchers are having similar problems according to the New York Times not since the Great Depression has so much fresh food been destroyed but these are just the latest struggles facing the dairy industry as we reported in previous episodes. Dairy farmers were in trouble before Kobe. Nineteen in part because Americans. Just don't love cow's milk like we used to instead. We're increasingly turning to alternatives. Soy Almond Banana. Milk are changing. Tastes have real consequences. Just last November. The country's largest dairy supplier dean foods filed for bankruptcy now revenues. A fallen by half again for many dairy farmers. It's a distressing break in the supply chain farmers who can't sell enough milk are suffering and so are millions of people who don't have enough to eat. According to the nation's largest chain of food banks feeding America in normal times about thirty seven million Americans are considered to be food insecure. Now another seventeen million people recently unemployed also need help to avoid hunger at least eleven million of the hungrier children. According to the nonprofit it took several weeks but at least two big grocers are stepping in to help fix the supply chain mismatch last month. Publics began buying excess produce in milk and donating it to feeding America in. Its first two weeks. Public says it purchased and donated one hundred thousand gallons of milk and a million pounds of produce. The LAKELAND Florida grocery chain plans to continue the initiative released several weeks. According to CBS News public efforts are regional so far. The grocer is buying milk from dairy farmers. In the southeast and vegetables from Florida Growers Public's also donated two million dollars to feeding America. According to a statement Kroger America's largest grocery chain soon followed suit. On April Thirtieth Kroger said it would purchase two hundred thousand gallons of surplus milk and donate to feeding America and community food banks. Some might say both grocers can well afford to help in a normal year. Kroger's revenues are well above one hundred billion dollars with everyone. At Home Kroger's sales have surged. Revenues grew thirty percent in March. According to the Texas Observer Kroger's stock is currently close to its fifty two week high public to has been doing well with twenty nineteen sales of thirty eight billion dollars. The company says it sales grew this quarter by about sixteen percent over the same period a year ago with about two thirds of those sales due to all the home cooking. Americans are doing right now. The scale of America's milk problem for both farmers and the unemployed is so massive that the efforts to businesses alone are far from enough. That's something the federal government recently recognized. The Department of Agriculture will begin spending three hundred million dollars a month to buy surplus milk produce and meat from distributors and ship it to food banks. According to The New York Times some states to are getting in on the action for example New York is trying to help its own farmers deal with its huge pools of excess milk. It plans to give food banks twenty five million dollars to purchase products made from the milk. It's also working with food processors like Shabani Hood and Cabot to help them. Turn that milk into yogurt. Cheese and butter. The newspaper reported the fact that Kroger and Publix are redistributing surplus milk to food. Banks may be laudable but the quantities of no faith committed to purchase now to a drop in the bucket victims white question now is whether other businesses step up to help farmers and the hungry
Billionaires got $283B richer during coronavirus: Study
"Sinco billionaires acquired a collective two hundred thirty eight billion dollars in addition additional wealth in twenty three days during the pandemic according to a new study from the institute for Policy Studies U. S. billionaire wealth collectively increased ten percent from March eighteenth to April tenth when more than twenty two million people lost their jobs eight billionaires have each gained more than one billion dollars in additional well since January first including Jeff Bezos mackenzie Bezos in one mosque
"thirty eight billion dollars" Discussed on KOMO
"Seven hundred and thirty eight billion dollars in defense funding for the two thousand twenty president trump has presided over major increases in defense spending this policy is a defense spending restraint during the Obama administration but facing a rising China and a resurgent Russia Republicans say the spending boosts represent a much needed investment in new capabilities and sustained readiness others such as twenty twenty democratic presidential hopefuls disagree they say this spending is wasteful and unaffordable alongside trillion dollar annual deficits and interest defense spending too high well the deal that got the defense budget to the extraordinarily high level it is was made because that was the only way the Democrats could get some money for social programs and between the two parties they blew up the deficit to the point where people who in the past might have said you know no don't worry about the deficit as Ronald Reagan said it's big enough to take care of itself who are now seriously worried about we are where we are and you know I think you don't look at the absolute number but you look at where where the money is going two and whether it's appropriately divided there's so much sort of baked into the bureaucracy of how we did things in the past and there are lots of alliances with defense contractors so yes I would say it is it defense spending is too high but I don't necessarily look to the next president whether it's trump or a Democrat to lower defense spending it goes up it's a question of just by how much Jim what we have this basic mathematical problem that we have the Democrats spending programs or social programs the Republicans tax rates and both parties wars and at some point you know entitlement reform the end and no entitlement reform so you you're at some point the interest payments on the national debt and the growth of the entitlement programs with mandatory spending programs many people will get mad if you tell them social security or Medicare is an entitlement the those things are going to squeeze discretionary spending out of the federal budget and the biggest discretionary spending program is national defense which itself continues to grow so we're gonna have to make some hard choices but our political leaders enter voters frankly haven't been unwilling to make those type the market see in the market's gonna make it for us at some point the markets as R. as the as the world's currency that has spared us from having to make some very difficult choices but how long can you sustainable run trillion dollar annual deficits in a time of relative prosperity and as close as we ever get to peace time right now well I think that when you zoom out and you take a look at the big picture on military spending a part of the budgetary concerns and the things that we have to look at also is the question of what about the infrastructure costs related to diplomacy and intelligence there has been a fundamental inversion of power from a dent from defense spending perspective certainly since nine eleven and there has been eight and increased our change and focus on higher military spending and this isn't just something that lies at the doorstep of the current president this is been going on certainly at least since nine eleven where there have been lesser and lesser resources at play for example in the state department and and that is something that is really a very much not to our benefit so if you're taking a look for example of what's been happening at the state department under Tillerson who is no longer with us that it certainly has been greatly got it and and therefore when you when you're looking at that the balance of power in dollars what's happening on the side of the military how powerful is the military in terms of our power projection without those other important that's an excellent sign and it's a penalized by secretary of state Mike Pompeo who performs like defense secretary Bob Peyo we don't associate high level diplomacy and the state department really has been hollowed out and under this under this present also will think about healthcare costs associated with the military yeah but that's the fastest growing and of spending and cost in our defense department and I said to say fortunately we don't have a warped recycling right now or is it the scale now where as many injured US troops coming back but anyway you look at it it's hard to say that we're spending too much for defensive though when we're spending more than twice what the rest of the world spends put together I'm going to set this point you know I think it was either secretary defense Mattis or both dates of both of them one of them reference the fact that there are more members of military bands active plus non military bands then they're all foreign service offices in the state on those those bands now exactly this was a military but as one of the challenges here you know if I'm gonna suggest this I mean I personally I think we need to spend a lot on defense with but the appropriations we make why the industrial complex why is the U. S. navy still building aircraft carriers which have some relevance for our next issue we'll get into that minute when the Chinese confira ballistic missiles to destroy them and kill five thousand Americans yeah yeah with with with my with my unit we don't need artillery more this is a wonderful World War one and two does device and I think it's far thousand miles the army wants to do long range artillery against the Chinese islands well this but there's a possibility not only found something for them to do well well well they did get rid of the the horse the horse cavalry late so much of this is baked into what we do and we continue to do it because we've always done it and there's a whole world of lobbyists yeah the fence contractors that are involved and these contractors have been very smart to work with a number of members of Congress and jobs are distributed to many congressional districts so it's it's a very hard system to reform or scale back I mean it just it just keeps keeps growing a question here to going off and on this point one of the things we could do is to restrict retiring general offices from joining the boards of defense contractors could that revolving circle I mean do you think that's something that we could feasibly get through Congress or should I think it's something we should how whether we could I think it's a different story I think we conservatives like to treat the military like it's an honorary member of the private sector because it's it is something that we generally agree is illegitimate the the preeminent function of the federal government but it still has all the same tendencies and incentives and bureaucratic imperatives and and everything about the the functions of government that we don't like all of those other tendencies but we're much less willing it is the largest socialist organization as well right yes three times what China does in ten times what Russia does and if you ask people in the military that those numbers will say well a lot of that is on fringe benefits for the volunteer army they get child care they get health benefits and all and all of that so they get the kind of benefits that a lot of the supporters of the military don't one for everybody else they they they don't get Medicare for all but they get the quibble and tricare for all tri care okay your point in terms of the the the tie between the military and the government contracting space here in Washington DC you know we're very familiar with that in the in the federal space in the government contracts from I can tell you that if government contractors were on the site right now they would say that one of the reasons why they love working with former military officials.
Reducing Hospital Infections
"Acquired in hospitals are the number one cause of hospital harm hospitals. Those are fabulous breeding grounds for infections and hospital infections cost America about thirty eight billion dollars a year and result in about one hundred thousand deaths each year and among hospital acquired infections. Pneumonia is at the very top of the list list. which is the type of infection that I'm interested in? That's Dr Diane Baker. I'm a professor of nursing at California State University Sacramento Manam. Getting pneumonia in the hospital is not good. These infections or hard to treat they cause people to spend more time in the hospital and and they cost money to treat and they often cause death. That's why we're so interested in taking all the steps necessary to prevent these types of infections actions. It won't surprise you. That hospitals encourage frequent hand washing and the wearing of masks gowns. But Dr Baker's team team has discovered that a dollar thirty five intervention can significantly decreased pneumonia and patients like it. Dr Baker Acre observed that often nurses just don't have the resources to deliver fundamental nursing. Care things like helping people to get out of bed. Providing leading skin care and oral care the consequence of omitting this care of course is that it puts the patient at increased risk for hospital acquired infection. It it turns out that a good number of cases of hospital acquired de Monja can be prevented the Monja comes from germs in the mouth. If we omit ah basic or or care the germs over Berlin. The mouth and they can easily slip into the lungs causing an infection. That's what we call the MONJA. Hospitals are the perfect storm for pneumonia is to develop in part. This is due to patients lying in bed. Being given medicines that suppress their koff having dry. Maoz and an ultra diet. So Dr Baker's team began to think how they might change this pattern. That's got the idea idea that we kept the mouth clean and stopped the germs from Boeing. That perhaps we could prevent this the MONJA and indeed. That's exactly actly. What we did. Dr Baker got three large healthcare systems to give her idea. Try Simple as it might be. Nurses made sure or that. Mouths were healthy. And then encouraged hospitalized people to brush their teeth three to four times a day. This means that they're given a good couth brush. Toothpaste antiseptic now. France and we started brushing teeth before surgery as kind of a logical step. You're having a big surgery as someone's like they put a tube your throat without surgery. Your mouth should be as clean as possibly could be. It's a simple step. But does it reduce pneumonia. Absolutely did reduce the MONJA and one of our studies have to seventy percent saving about thirty one lives savings. I'm about six million dollars a year and the results from the Kaiser permanent case system were equally as impressive literally saving millions of dollars for the organization and hundreds of lives so the solution is simple low cost and low tech but believe it or not. Hospitals are still not adopting this a dollar thirty five intervention. Why because so far no accrediting organization has officially told hospitals. They need to to do it. Come on really. This is Dr Michael Wilks with a second opinion.
"thirty eight billion dollars" Discussed on 600 WREC
"And thirty eight billion dollar defense bill covers a lot of ground according to Florida Republican congressman Mike walls we also got in their benefits for gold star families some taxes that were repealed and some child care that I was able to get in and importantly we also expanded parental leave from the military to all federal workers and that was a huge priority for a vodka trump walls on fox and friends with the impeachment trial of president trump expected sometime in January South Carolina Republican senator Tim Scott is focusing on a fair trial we should focus on a fact pattern but I leads us to a conclusion as it relates to in being it it being impeachable that is our responsibility Scott appearing on fox news channel's Google live America is listening to fox news from the box for studios in Los Angeles here's the thing in the NFL's game in the bay area tonight the forty Niners beat the rams thirty four thirty one on a field goal on the final play the game winner was set up by a third and sixteen pass completion in the final minute New England plain states division beating buffalo twenty four seventeen Houston clinched its division winning at Tampa Bay twenty three twenty and by the way the Vikings have a playoff berth now that the rams lost tonight Minnesota running back Dalvin cook is out for the Monday night game against Green Bay in the late college football contest that's the New Orleans bowl it's right now Appalachian state ranked twentieth leading thirty one seventeen over you a B. with about five minutes left in the late college basketball game in San Francisco it's Saint John sixty eight sixty seven over Arizona which is ranked sixteenth number one Kansas lost fifty six fifty five at Villanova Ohio state beat Kentucky and a top ten match up in Vegas seventy one sixty five land back Dallas Jenkins is the son of the left behind author Jerry.
Donald Trump signs defense bill that creates Space Force, expands parental leave
"President trump has signed a defense authorization act before flying south for the holiday the seven hundred thirty eight billion dollar bill grants federal place paid parental leave and authorizes a new branch of the military called space force growth space is the world's newest warfighting domain amid grave threats to our national security American superiority in space is absolutely vital trump says this bill is the largest investment ever in the U. S. military the Air Force was the last French created seventy years ago trouble spent two weeks in Florida for the
Trump Officially Establishes US Space Force with 2020 Defense Bill Signing
"It's going to start small but the space force being launched by president trump amounts to a big political win with two billion dollars in funding over the next five years the space force will focus on protecting the hundreds of U. S. satellites in orbit including dozens that are used for communications and GPS the new military branches creation came as part of the seven hundred and thirty eight billion dollar defense authorization bill president trump signed last night a joint base Andrews before leaving town for the holidays boxes Garrett tanning in Washington the bill as part of a larger package the funds the government through September domestic spending also
Space Force will start small but let Trump claim a big win
"President trump addressing troops at joint base Andrews on his way to Florida for the holiday signs is seven hundred thirty eight billion dollar defense spending package it includes the formation of a new branch of the military the first time that's happened in more than seventy years you will witness the birth of the space force he called space the new war fighting domain amid grave threats to our national security American superiority in space is absolutely vital the president also promised troops a pay raise and better equipment we're supporting you the heroes who defend our family secure our nation and protect our freedom Jackie Quinn Washington
Senate sends spending package to Trump to avert government shutdown
"Package the Senate approved a one point four trillion dollars government spending package Thursday sending the legislation to president Donald Trump the White House said trump will sign the legislation before Friday's midnight deadline and thus avert a government shutdown the bi partisan package that received approval in the house earlier in the week includes funding for the president's border wall project twenty seven billion dollars in domestic spending increases sought by Democrats and a record seven hundred thirty eight billion dollars for the Pentagon it also includes an increase in the nation wide legal age to buy tobacco products from eighteen to
Big spending bill wins Senate OK, has victories all around
"The Senate approved a one point four trillion dollars government spending package Thursday sending the legislation to president Donald Trump the White House said trump will sign the legislation before Friday's midnight deadline and thus avert a government shutdown the bi partisan package that received approval in the house earlier in the week includes funding for the president's border wall project twenty seven billion dollars in domestic spending increases sought by Democrats and a record seven hundred thirty eight billion dollars for the Pentagon it also includes an increase in the nation wide legal age to buy tobacco products from eighteen to twenty one Mike Rossio Washington
U.S. House approves Space Force, family leave in $738 billion defense bill
"US house passed the seven hundred thirty eight billion dollar defense bill that will provide the first paid family leave for all federal workers in the creation of a space force as the country's six armed
U.S. House approves Space Force, family leave in $738 billion defense bill
"The defense policy bill has received overwhelming approval in the house and Pierce Claudia chrysalis reports that the legislation includes some major policy initiatives for service members as well as civilians Republicans got space force while Democrats got a new twelve week parental leave policy for federal workers the national defense authorization act also includes directives to boost military readiness improve military housing and a three point one percent pay raise for service members the seven hundred and thirty eight billion dollar measure also continues military aid to Ukraine which game public scrutiny with the impeachment inquiry the measure was approved by a bipartisan vote of three hundred and seventy seven two forty eight it now heads to the Senate floor for a vote next week and if approved is expected to gain the president's signature accordingly Seles NPR news
China’s exports fall again in November, as trade war continues to bite
"China's exports of fallen for the fourth month in a row is the trade war with the United States continues to hit the world's second largest economy they were down by more than one percent in November compared with a year earlier with the impulse showing an unexpected rise China's trade surplus with the rest of the world fell but was still more than thirty eight billion dollars for the
"thirty eight billion dollars" Discussed on KQED Radio
"Doubt very much whether it would be as effective as the other treatments we already have well there probably isn't as much known about the area is we would like what is known about nicotine is this it is so desirable so addictive that millions upon millions of people are willing to inhale cigarette smoke including the lead arsenic ammonia and benzene in order to get the nicotine not that they necessarily want to the seventy percent of US adults smokers say they want to quit smoking so you know one of the goals then is to actually try to reduce the addiction to these highly toxic products and really shifted smokers over to less harmful products list harmful nicotine products have been around for years dumb and patches and nasal sprays how effective are they not very one analysis found that just fourteen percent of smokers are able to quit when the use one method of nicotine replacement therapy the number increases to seventeen percent when using say nicotine patches and gum at the same time so the problems with the the smoking cessation problematical tools is that they are unappealing you know they don't have some the sensory effects that people like when they're smoking their cigarettes how about a vaccine against nicotine addiction that is something how to calm you worked on for years in the early proof of concept study the results were promising but ultimately came a large clinical trial and so the results from this phase three clinical trial they were not positive so that was unfortunate but that's not to say that the nicotine vaccine is a bad idea I think it just needs to be developed further so for years that's where things stood millions and millions of smokers most of whom didn't wanna smoke but couldn't stop nicotine replacement therapies that weren't very effective vaccine that wasn't ready and then in two thousand seven a new product came to market they've since come to be called an electronic nicotine delivery systems more commonly known as E. cigarettes when E. cigarettes first came on the market my first assumption was that this is just another tobacco industry play that they can say is safer but really isn't and just gets more people to use tobacco it's Michael Siegel a physician and professor the Boston University school of public health he's been researching tobacco issues for more than thirty years after studying the issue it became clear to me that this is very different and the tobacco companies actually work involved at all they didn't get into the picture until two thousand and eleven and in fact this was a much safer product and was helping many people to quit smoking the earliest the cigarettes didn't have good battery life or deliver their nicotine efficiently but the technology involved with hundreds of brands putting out a variety of vaping devices some of which could be used for vaping other more entertaining substances is how the National Institute on drug abuse summarizes the genre electronic cigarettes are battery operated devices that people used to inhale an aerosol which typically contains nicotine they're not always flavorings and other chemicals they can resemble traditional tobacco cigarettes cigars or pipes or even everyday items like pens or USB memory sticks E. cigarettes proved incredibly popular for a number of reasons there is physical stimuli others holding a cigarette there's feeling the throat had seen the smoke come off their social stimuli you know smoking with other people in social settings a new word entered the global vocabulary vaping or ingesting the vaporized content of these devices I think more than anything what vaping offers to smokers is an identity you don't have an identity as a nicotine patch user you know nicotine patches are still get together in groups and have forms and conventions for the weekend but vapor still it wasn't long before vaping champion was crowned jul labs founded in two thousand fifteen and headquartered in San Francisco the jewel E. cigarette was sleek and minimalist and it came in flavors including mango cucumber and mint by two thousand seventeen jewel was the U. S. leader in market share selling one of every three E. cigarettes by the end of two thousand eighteen the company was valued at thirty eight billion dollars and it sold off a thirty five percent stake to alter the tobacco giant previously known as Philip Morris why did you will become so much more popular than its rivals Michael Siegel has one answer jewel has a very different nicotine formulation that makes it much more addictive it's a nicotine sol it's absorbed much more rapidly into the bloodstream and because of that it simulates the pattern that you get with a real cigarette and that is what makes joining so addictive and how does drooling or vaping any nicotine based E. cigarette compare to combustible cigarettes when it comes to toxicity Dorothy have to come again delivering nicotine via the Leck tronic cigarette is far less toxic than the cigarette but you still have constituents delivered to foreign constituents deliver to the long in the testing has been done on a cigarette aerosol in many cases they find no detectable levels of any unwanted chemicals in other cases there are some chemicals but only a few and that doesn't mean that the products are safe those chemicals could cause problems if used over the long term but the tax soul classical profile of these products indicates that they're much much safer than cigarettes it's not gonna be a harmless product but it certainly beats seven thousand chemicals that you get from cigarettes the strongest evidence that demonstrates how these products are safe for our clinical studies have been done were smokers have switch to E. cigarettes and there's been a dramatic improvement in their respiratory function both subjectively through their reported symptoms and objectively through our spirometry testing which is shown improvement in lung function among these now ex smokers and what about the long term effects of vaping versus smoking cigarettes what's the data there there's no long term data because the products have not been on the market long enough to be able to do more tally studies to show that using E. cigarettes as opposed to cigarettes is gonna lower mortality the fact that we don't have long term studies doesn't mean that it's not going to save lives and we know it's going to save lives based on the short term clinical data that we do.
"thirty eight billion dollars" Discussed on KQED Radio
"Would like what is known about nicotine is this it is so desirable so addictive that millions upon millions of people are willing to inhale cigarette smoke including the lead arsenic ammonia and benzene in order to get the nicotine not that they necessarily want to the seventy percent of US adults smokers say they want to quit smoking so you know one of the goals then is to actually try to reduce the addiction to these highly toxic products and really shift smokers over to less harmful products list harmful nicotine products have been around for years dumb and patches and nasal sprays how effective are they not very one analysis found that just fourteen percent of smokers are able to quit when the use one method of nicotine replacement therapy the number increases to seventeen percent when using say nicotine patches and gum at the same time so what the problems with the the smoking cessation problematical tools is that they are unappealing you know they don't have some the sensory effects that people like when they're smoking their cigarettes how about a vaccine against nicotine addiction that is something how to calm you worked on for years in the early proof of concept study the results were promising but ultimately came a large clinical trial and so the results from this phase three clinical trial they were not positive so that was unfortunate but that's not to say that the nicotine vaccine is a bad idea I think it just needs to be developed further so for years that's where things stood millions and millions of smokers most of whom didn't wanna smoke but couldn't stop nicotine replacement therapies that weren't very effective vaccine that wasn't ready and then in two thousand seven a new product came to market they've since come to be called ends electronic nicotine delivery systems more commonly known as E. cigarettes when E. cigarettes first came on the market my first assumption was that this is just another tobacco industry play that they can say is safer but really isn't and just gets more people to use tobacco it's Michael Siegel a physician and professor the Boston University school of public health he's been researching tobacco issues for more than thirty years after studying the issue it became clear to me that this is very different and the tobacco companies actually work involved at all they didn't get into the picture until two thousand and eleven and in fact this was a much safer product and was helping many people to quit smoking the earliest the cigarettes didn't have good battery life or deliver their nicotine efficiently but the technology involved with hundreds of brands putting on a variety of vaping devices some of which could be used for vaping other more entertaining substances is how the National Institute on drug abuse summarizes the genre electronic cigarettes are battery operated devices that people used to inhale an aerosol which typically contains nicotine they're not always flavorings and other chemicals they can resemble traditional tobacco cigarettes cigars or pipes or even everyday items like pens or USB memory sticks E. cigarettes proved incredibly popular for a number of reasons there is physical stimuli others holding the cigarette there's feeling the throat had seen the smoke come off their social stimuli you know smoking with other people in social settings a new word entered the global vocabulary vaping or ingesting the vaporized content of these devices I think more than anything what vaping offers to smokers is an identity you don't have an identity as a nicotine patch user you know nicotine patch users don't get together in groups and have forms and conventions for the weekend but vapor still it wasn't long before vaping champion was crowned jul labs founded in two thousand fifteen and headquartered in San Francisco the jewel E. cigarette was sleek and minimalist and it came in flavors including mango cucumber and mint by two thousand seventeen jewel was the U. S. leader in market share selling one of every three E. cigarettes by the end of two thousand eighteen the company was valued at thirty eight billion dollars and it sold off a thirty five percent stake to alter the tobacco giant previously known as Philip Morris why did you will become so much more popular than its rivals Michael Siegel has one answer jewel has a very different nicotine formulation that makes it much more addictive it's a nicotine salt it's absorbed much more rapidly into the bloodstream and because of that it simulates the pattern that you get with a real cigarette and that is what makes joining so addictive and how does drooling or vaping any nicotine based E. cigarette compare to combustible cigarettes when it comes to toxicity Dorothy how to come again delivering nicotine via electronic cigarette is far less toxic than the cigarette but you still have constituents delivered to foreign constituents deliver to the long in the testing has been done on a cigarette aerosol in many cases they find no detectable levels of any unwanted chemicals in other cases there are some chemicals but only if you and that doesn't mean that the products are safe those chemicals could cause problems if used over the long term but the tax soul classical profile of these products indicates that they're much much safer than cigarettes it's not gonna be a harmless product but it certainly beats seven thousand chemicals and Pat you get from cigarettes the strongest evidence that demonstrates how these products are safe for our clinical studies that have been done were smokers have switch to E. cigarettes and there's been a dramatic improvement in their respiratory function both subjectively through their reported symptoms and objectively through our spirometry testing which is shown improvement in lung function among these now ex smokers and what about the long term effects of vaping versus smoking cigarettes what's the data there there's no long term data because the products have not been on the market long enough to be able to do more tally studies to show that using E. cigarettes as opposed to cigarettes is gonna lower mortality the fact that we don't have long term studies doesn't mean that it's not going to save lives and we know it's going to save lives based on the short term clinical data that we do.
Alibaba's Singles' Day sales hit record $38 billion; growth slows
"So sales topped thirty eight billion dollars. In fact in the person minute and eight seconds sales topped one billion dollars so last year sales were closer to thirty billion dollars an increase in about twenty eight percent which is slower than years past. But this is also the Eleventh Matthew for the event so perhaps some slowing growth is to be expected but just to give us a sense of how largest event has grown and just how quickly the first singles day back in two thousand nine tails were closer to seven point. Eight million so the events has clearly become larger than black Friday and cyber Monday combined. And it's not just important for Chinese companies because US US brands tend to do well on this day to after Chinese companies they received them. Oh Sales Apple Nike Estee Lauder gap all doing well in this twenty four hour period and this year was especially important as in busters looked for signs of a weakening. Chinese consumer. There was also some concern about any perhaps growing Chinese nationalism toward American companies and analyst. Today were mixed about any larger implications with these massive figures sons saying that the Chinese consumer is still strong. They're clearly still shopping. Others say this is more about the strength of Alibaba and how they've been able to harness the power of technology to get people to shop either way. They are indeed shopping alibaba alibaba competitor. Jd Dot com also. Did really well today. And between the two sides JD DOT COM and alibaba analysts say that they generated about sixty billion dollars in sales splits up all right thank you how Salomon with some staggering figures on singles day. Dan How do you trade Baba so it's interesting the stock we had on last week. He was talking about this. I really interesting technical level. It just got about this one eighty five had been in a tight range or so when he was just talking about there. It is right there. You know how cheap the options were priced into this sort of event. I I think what a lot of investors are starting to think that this is becoming a very complex day for logistics standpoint for Alibaba and it may not be worth getting to that thirty eight billion that needs to be delivered so quickly but it's interesting the price action today. The stock was down a couple percent on some of the macro news regarding China specifically in Hong Kong and it made it up by the end of the day. I think investors like to see that I'd still be playing for a breakout of that range and it's been in for the last five months show one nine thousand five was the April high. That's obviously the next step but the long-term levels all set to eleven. We talked about when bottling last week. I mean I think you I think. That's the trend. I mean it obviously didn't trade particularly well as sort of a benign day for the stock is probably to be expected attractive given the run. We've seen but the dance point. I think the trend is intact. One Ninety five is absolutely think of my opinion next up. Does this chart really tell the story of the Chinese consumer. We're in your view. I I think it does. Yeah I think you know what's interesting. The Chinese stock market itself actually looks like pretty interesting. Looks like it wants to break out so you look at like the Shanghai in high three hundred or something like that. That looks pretty interesting. And if you're actually having a Chinese consumer that's doing quite well the trade tears potentially rolling off then I actually I think both Baba and the Shanghai do quite well well singles day that record comes as Major. US retailer gear up for the most wonderful and important time of the year. Yes US forty three days. Six
Pentagon Awards $10 Billion Contract To Microsoft Over Front-Runner Amazon
"But let's begin with Microsoft shares opening at a new high on Monday after Microsoft was award eighteen billion dollar Pentagon contract for its cloud computing services now Jason and may shock you to know that there may be a political layer this Amazon's the market leader in cloud computing they already provide cloud services for the CIA and they are considering challenging the awarding of the contract citing president trump's interference in the bidding process now we will let the politics sort itself out but in terms of the business locations what does it mean for investor. Yeah I mean very good point there regarding the political nature this who knows we don't obviously but from a business perspective I think it's really important we talk a lot about cloud these days and aws has always been the I think that the number one Amazon right services us the number one company in the space for a number of reasons they are but you Microsoft clearly is doing very well in the space it's very they think to to know that it's not just cloud business and then that's it right there there there's nuance to each company's cloud business and what the you do what I mean by that we look at Amazon for example you look at Amazon's ten K. and they refer to aws Amazon web services as the segment which offers abroad head of global compute storage database and other service offerings now in two thousand eighteen aws recorded about twenty six billion dollars in sales now if you look at Microsoft Microsoft Commercial Cloud in two thousand eighteen actually recorded thirty eight billion dollars in sales so thirty eight billion is more than twenty six billion yen yet Amazon's the cloud leader right how can this be Mac if you look in in Microsoft's Ten k the way they define their commercial cloud is commercial revenue includes Microsoft Office three sixty five commercial Microsoft Azure or Azure however you prefer to pronounce getting we know it's Azure the commercial of linked in Microsoft Dynamics three sixty five other cloud property so my point being is when when Microsoft talks about cloud they're defining thing it a little bit more broadly and so that's why you see Microsoft with that thirty eight billion versus Obama San's twenty-six playing but really what we're talking about is this infrastructure as a service that's what Azure is Microsoft is I mean Amazon is really it's the building blocks of the cloud there in so while Amazon is the leader in that space with basically half market share fifty percent of that market share in it's about the same it's actually more than the next four players combine Microsoft is wrong number two player in the space and they're gaining market share so political motives aside I mean there is a business case to be made forgiving Microsoft this contract is is my ultimate points we shouldn't be surprised by this yeah Jason Cheer Point this is a rumored to be about ten billion dollar contracts when you think about the size of the businesses this is huge and with aws like you mentioned having about fifty percent of the market share in Azure being much further behind was sixteen percent according to partner this contract moves a lot of needles for these companies so I think Microsoft even though this is great for them but they were very clearly surprised hi this earlier this year they're the ones beating the table saying that a ten billion dollar contract was way too big just to give to one company in the DOJ should look into using multiple providers I think it's clear that they definitely were surprised by this news as well because even earlier this year they may be by making that comment felt kind of behind aws nothing a lot of people were surprised maybe it is I think most people think because of Amazon's experience in the space in the contracts they've locked up to this point it's probably the most sensible fit again I mean it is a matter of of what the services are needed for in in what you're ultimately trying to do with those services Microsoft cloud services they've placed a big assist on a and analytics it's not to say that Amazon doesn't have those capabilities but Microsoft has been investing more in that so perhaps this Djeddai contract is they're going to benefit more from the A. and the analytics and they felt like Microsoft was a better fit but at the end of the day again I mean I think it makes sense from a customer's perspective you look at Amazon and you okay they've got basically fifty percent market share but you also don't want to be signing up and putting all of your eggs essentially in that one basket I mean you get into that the point of failure risk there and if something happens to Amazon your entire cloud infrastructure he gets kind of flushed down the toilets you have to be very careful how you're picking this and in so being customers being very deliberate about how they choose their providers and then also diversifying as being a single provider I I think makes a lot of sense and emily Eh to your point I assume that Microsoft will no longer be complaining about the size of the ten billion and say
"thirty eight billion dollars" Discussed on News Radio 810 WGY
"Online stores the regents AECOM or sector is not worth thirty eight billion dollars in two thousand fifteen it was valued at five point five billion now it's thirty eight billion Lauren Weinstein our expert on the internet with us Lauren this is just amazing and I get these numbers here are probably the same. it is really quite remarkable especially when you consider it would know where they started from and and what's really ironic about this is already they have forms of some forms of online stores and online payment systems and and using various kinds of applications that we don't even have hearing quantity and part of the reason for this is the governments of those countries like most countries around the world except for here actively encouraged internet connectivity competition so here in sharp contrast we have the current administration's FCC who basically permits the dominant ISPs to do what they want Verizon Comcast AT T. charter we all know the names for their virtual monopolies in their service areas and they've got the USA carved into regions that the each control dealt another kind of interesting aspect of the way of the internet is shaping up in the in the part of the world we're talking about now is that over ninety percent of the users in these areas. hi merrily access the web via their mobile phones it is completely different than here now we already heard it into getting into a period where more than half of the people are primarily using mobile phones in certain service sectors but we're talking ninety percent that's huge and it's it's very very large and it's very similar to the kinds of the statistics were finding in places like like India also and part of the reason for this would you think about these areas started off with very limited telecommunications infrastructure to begin with and so what's the quickest way to build out communications infrastructure not by lying or not not pulling cables and fiber optics in foca poles and digging and all that with mobile and so people use their phones they live on their phones they're buying things they're doing payments there are a locking their doors they're doing all these advanced things. one five years ago ten years ago there was no internet access there at all this is how fast the internet has changed question I ordered some things on Amazon today Lawrence three to five years ago I would have gone to the store for but I figured I don't need it right now so I'll have it delivered I don't have to worry about parking traffic or anything like that yeah and and of course we talked about what the impact is of of these kinds of conveniences that that we all want to use what the impact is on brick and mortar stores particularly small businesses securely small town it's it's been devastating and and it's not going to come back these are changes that that are permanent and will only continue look what the internet is down to the newspaper business same thing yeah if the seller kind of thing and and and in fact the a lot of the issues of that are still kind of shaking out obviously where where you have traditional publishers of things we're trying to figure out ways to navigate the internet landscape but I I think generally the web's have been the most successful are the ones who have figured out ways to work with in the internet ecosystem not to fight it because fighting this kind of technology you can probably you know get some successes in the short term but in the long run these these are one weight changes thanks Laurin have a great weekend we'll talk to you next week I'm sure Ashburton of may lessen the negative effects of air pollution according to an intriguing to study researchers from Columbia Harvard in Boston university's analyze the subset of data collected from twenty two hundred male veterans from the greater Boston area who were given tests to determine their long function the participants age was about seventy three and apparently aspirin help them breathe how about that I'm definitely not object the shape of a ring has been filmed passing the international space station some think it could be like the craft that was spotted in a famous incident twenty three years ago the video captured on the ice is live feed shows two separate cameras from the station what is it who knows what else is going on in the skies let's check in with Peter dampened. from the national you'll for reporting center hi Peter. origins I think the big news from the last week is that strange incident that occurred down in Chile I think on the twenty eighth of September I suspect you've covered it in what's happening. I blather on about these colorful fireballs for so many years now since two thousand twelve actually that I couldn't help but start with that incident and I'm particularly intrigued because astronomers have shown that it was not a meteor was not space debris and therefore what could have been seven separate fires caused by objects that came down out of the sky according to eye witnesses have no idea what it is but I'm gonna keep following that I'm really intrigued and waiting to hear what the scientists and surely I have to say about it. at least most of four hundred and fifty four new reports to our website today four hundred sixty four elected over twelve weeks George good for you among those are the following the first one is a really interesting and it's a doozy on the twenty first of September Saturday night a husband and wife were sitting outside their recreational vehicle and Philip Phyllis Ohio and they saw a very bright lights coming up from from the south. they noted that it was very peculiar in appearance and is it fair to be darting back and forth and slowing down and speeding up it finally got to within fifty yards of them illuminated the whole camping areas as their RV was parked on scare the wife to death she went into the RV the husband former law enforcement reached for is forty five caliber side earned. being somewhat alarmed by what this thing was doing and he was. desperately alarm to realize is arm would not move it was almost paralyzed ceases very interesting report and that is featured from our home page. the twenty fifth of September Jones all black large black triangle silently fly over Venice Florida very close to the airport really an interest in interesting report in the final report comes from Great Falls Montana first of October gentleman was awakened by those dogs that wanted to go out this is about one o'clock in the morning when outside was admiring the clear skies and suddenly he saw what he first took to be a meteor accepted as he watched it is slowed down significantly almost coming to a stop then if xcelerated again shot off to the south west slowed again shown off to the southeast and then to the south so things are going on all the time George and there are four hundred and fifty four fifty one other reports waiting for people's reading pleasure Peter thanks we'll talk to you next Friday that's Peter Davenport from the national you'll for reporting center though he doesn't like to ask you does take some donations to keep that summer going because you've been financing it himself up next tacking the afterlife rich martini back with us we're going to be talking about some of his after life interviews with some very famous people next on coast to coast AM. this is Richard Ostrow owner for carnival or a research international today we're announcing the peer reviewed study on cats that was recently performed by Connemara research international this double blind studies in.
"thirty eight billion dollars" Discussed on Biz Talk Radio
"One of the top ten thought leaders in customer service and we're so thrilled he's with us today welcome to the program. well high ranking it's quite fuel. and the truth is the truth is dark if you and I were to have this conversation five years ago six years ago they would have thought we were crazy. yeah you know I think it's also that that adage late that everything anything do you insist old again or something like that right I mean it actually this is a throw back to a time when people open their doors starting in the south of the United States and and globally your your experience traveling across Europe this is really indicative I think of the way people were different about this division in two years we carry with us today around strangers. absolutely I think so I think so I have a friend who couldn't survive she lives on a beautiful she lives in a beautiful beach side community outside of LA acts right on the raid on the ocean and her apartment's really expensive and she has a one bedroom apartment in what she did was she took her living room and put a a bed in the living room although you would know it's about the wishes to redesign the house so that she rents out her bedroom almost every night. of the week almost every night of the week and absolutely loves having these international people from all over the world staying with her. you know it's interesting that the fastest growing group of hosts on Airbnb is is senior women seniors such a terrible term I think but you know it's certainly a really five plus women. there you will mature women yeah it's that thing grow growing colored in a lot of them is really because of the uncertainties of being able to keep their homes there are so many get hosted I talked to around the world that and also you know Airbnb has a whole other arm which is around creating experiences so it's not just hosting rooms but you know if you have something that you learned some trade you know I actually interviewed a woman who had a radio show in the Boston area and she was doing podcasting as an experience of people were coming to her to learn how to units with their voice against the microphone what might be you know what what topics they might podcast about it's just interesting right watch people who might have been marginalized might have been at risk of losing the one thing they've acquired a great value in their life they're all and then being able to share it with people and really how often have we just turn to that whole knowledge base that with them out without being able to to generate it back into the next culture in the the next generation. yes what what is made Airbnb take off so quickly and so fast and and such with such success almost like uber. yeah I think there's you know I think the technology platform is really at the core but you know I love the story of the founders. two guys went to design school living in San Francisco they have an extra room in their apartment because one of the roommates leads prematurely they need to make money to make and and so they get a bunch air mattresses they knew that there is a design conference committee San Francisco and they had just got to design school so they were really acutely aware of that if they thought they could rent out some air mattresses in that room or the time that the the conference was coming and they did it and what they came away with the graphics and will website to be able to track where attendees from the conference when he came away with there's a technology definitely ready to begin it helps people in that create a market place and you know there was B. R. B. O. before but it's pretty clean key so they they came up with a streamlined web apps but more importantly when they actually hosted these people in there all the creating lifelong friendships and this real sense of community and a sense of travelling local and from that the chase started to work with website designers really improve the experience and in ten years they went from three air mattresses to a company valued at thirty eight billion dollars so what you can do it all my gosh what a story. credible story. at the end of the troops it's not just my Hollywood right. right right right so what you hear you write about this you say there are three key lessons any business owner leader frontline employee or average person can learn from Airbnb. yeah you know if you're going to have to try to overcome this the sense of why would anybody ran out of it a stranger in one week in a strange one stick to somebody you gonna have to figure out some things and one of the things they figured out I think every user is that belonging is everything. Airbnb is about saying long anyway that yes okay yeah if you know anybody can rent out a room they do it at hotels all the time but to create a true sense of belonging where when you arrive on a website or you you join a host in a radius when you say that your Frankie is definitely place I need to be this this fix me I really look forward to being a part of her she's a part of me so you know I think that's the key that Airbnb yes yes. message to oppose yeah yeah I love that I love that that really makes sense and. you know we know we know that for the most part when you are. connecting when there is all right to life face to face it really makes a huge difference. absolutely and I think there's just a dearth of that now you know I I I cover in the book the technology is a really important part of being able to create the market place but human beings need human contact and what you'll see increasingly as a trend toward mobile phones and digitalization and lots of impersonal service those rare opportunities were we can have a personal experience what we feel like we're unique in the matter there's another human being who she Asian include the someone cares that we actually arrived at our destination as opposed to the hotel managers at your seat you as a cancellation I mean all of that is it part and parcel to it you know the other main message I was given it's chilly corporate radio host and I've been a talk show host of my background it I think it is to be a hoax it's one of the core values at Airbnb hosting is is happening for us every single day whether we're hosting a radio so we're hosting a dinner party warm more hosting someone in our car and per or in our house as an Airbnb guest work just a hosting them in our business for the short span of time there you know in a retail store we really should think of ourselves as hosting is elevating an experience for another human being in celebration of their arrival US. all right I I think you are spot on I think your spot on and you know there are some uber drivers that you get a hand or lift drivers and you just get in it and you cannot believe how gracious and lovely and wonderful they are and they know they're not just the opposite you know yeah I would say and then there's an extreme yes. yeah you know yes yes yes you're just another passenger and so it is really the the format of the business that matters it's really the attitude of the provider MI do I have a sense of otherness that this world exists and not for me but it exists in in in this opportunity to provide for others and in the provider and so much comes back to. it's this ability to kind of fight on what I think is the rise of selfishness in America I think James like a call your workbook to that title but it really is this disability for assault is saying I'm gonna get taken care of once I think about how I love it I love it learn well Dr Joseph Micheli you've done it brilliantly said the book is called right now you can you can pick up this book because it's brand new it just came out. the Airbnb way and what's the best website we've got a run this is been wonderful. get it any good bookstore but eight hundred CEO read slash. banks and they'll get a special deal from the French Quarter. awesome thank you so much and we'll be right back thank you for your. business content I mean if you did like business content you would be listening to the show right what if I can give you even more of what you like now we've.
"thirty eight billion dollars" Discussed on Bloomberg Radio New York
"It's a name across this is my favorite music emitted into by. and I'm as ready on the road uses does its job on another dobby so politics versus supply and we know that supply will last for ever and ever and ever politicians come and go back how to deal and market jumbo tonight does it mean perhaps perhaps perhaps a last hope your stance in regards to a rant there could be a risk of material de escalation towards around according to Hurley Mycroft she is the friend of the prince. of course that had dramatic impact on oil dined we went if there's a de escalation with around it could mean seven hundred thousand could it mean could mean seven hundred thousand barrels of oil to come back to the market that is the last thing in the world that they need air as he fell into the jam MC market that you go it was all about the infantry's as well yes is so it is up by politics verses inventories in the jury's draw don is what helped us recover and Jeff Jarrett's says fifty dollars could be there in the near term on the brand price yes a good morning. yeah good morning the other factor that investors are digesting is what's happening with the US bond market because the September selloff is still very much on the way with yields at the highest level in a month treasuries falling across the curve investors getting a little bit nervous about this upcoming ECB decision and the possibility they may not deliver to some of the more dovish calls in terms of what we might get from Mr druggie the treasury's also coming on the pressure because the U. S. oxen quite a big block of three year notes thirty eight billion dollars to be specific investment grade corporations making use of these yield and pushing out even more dead as well what uber is saying according to the latest analysis is that you could be looking at about one point eight as the next possible targets in terms of the technical indicators around the U. S. ten year yield let's get some of the other market action though it's really it's all in Singapore and I can buy keel joins us from a by Juliet what's on your radar. mostly a broad gains coming through in Asian markets today Yusef after we saw a little bit of that tell when coming through in US stocks towards the end of the day's trade the Nikkei is out for a seventh session in a row that is the longest run with same for Japanese stocks since December the yen weaker for a third session a lot of these apple supplies in focus the cost be also getting a boost from quadruple witching the fact that unemployment fell to its lowest level in nearly six years but we are seeing a bit of a switch out of Chinese stocks today of course have had that China has scrapped its foreign investment limits in bond and stock markets and then when it comes to of course those yields you're still saying the yields here in Asia stuff fully that to me that you still in treasury yields city view it on a straight is ten you're not currently up five basis points menace..
"thirty eight billion dollars" Discussed on 90.3 KAZU
"Live from NPR news in Washington I'm she Stevens Israeli prime minister Benjamin Netanyahu is boring to U. S. lawmakers have criticized his government congresswoman Ileana more rishi to to leave poor planning to visit the region this weekend but president trump sent a tweet encouraging Israel to ban them as NPR's Daniel Estrin report Israel cited to leave in more support for pro Palestinian movement there is a relatively new law on the books in Israel for the last few years that gives Israel the right not to allow people who are actively supporting a a global movement called the BDS the boycott divestment and sanctions movement to boycott Israel now representatives to Lee bin and Omar say we do believe that Americans have the right to boycott Israel and Israel is saying that they do respect the Congress but that day will not allow this to happen NPR's Daniel Estrin reporting a federal appeals court has upheld a landmark settlement that lays out the conditions for confining unaccompanied minors is NPR's John Burnett reports the judges dismissed the government lawyers assertion that detained migrant children don't need to precious and soap the ninth circuit court of appeals in San Francisco turned down the government's appeal letting stand a lower court ruling that preserves the Florida settlement the opinion instructs customs and border protection to hold children for no more than three days and in facilities that are safe and sanitary that means edible food clean drinking water ascential hygiene items and adequate sleep the trump administration has been harshly criticized for detaining children in in humane conditions the border patrol argues that its Spartan cells were built for adults not kids but the judges quote emphatically disagree that basic items like soap and toothpaste are beyond the scope of the government's responsibility to young detainees John Burnett NPR news the chairman of the house foreign affairs committee is calling for the resignation or firing of a political appointee at the state department is NPR's Michele Kelemen reports the move follows an inspector general's report on political retribution at the agency house Democrat Eliot Engel says the inspector general's report confirms what he feared disrespectful and hostile treatment of career employees of the state department some of whom were removed from positions are retaliated against for being seen as Obama holdovers the actions are prohibited by law angle says adding that Assistant Secretary of state Kevin Moley who singled out in the report is still on the job with no consequences for his actions the state department says it's working on a corrective action plan and says another employee named in the report is no longer working there Michele Kelemen NPR news Washington on Wall Street stocks rebounded from the market's worst day of the year the Dow gained ninety nine points the nasdaq lost seven this is NPR news the house Judiciary Committee is sent subpoenas to former trump campaign manager Corey Lewandowski and former senior White House official Rick Dearborn the pair being summoned to testify next month as part of the panel's investigation into the possibility of presidential obstruction during the rush of pro committee chair Jerrold Nadler says it's also part of the process of deciding whether to recommend impeachment proceedings General Electric is denying fresh allegations from a well known fraud expert who says the conglomerate is committing financial fraud to the tune of thirty eight billion dollars GE stock closed down more than eleven percent as NPR if you can include she reports the allegation came in an online post from Harry Marco Polo mark palus is best known for alerting the world to Bernie made off infamous Ponzi scheme he told CNBC there are problems with how do you keep his books across several divisions numbers are missing specifically Markopoulos says G. E. has essentially hit in various cost and he says the company hasn't invested enough to have sufficient reserves in its insurance business he hasn't done.
"thirty eight billion dollars" Discussed on WHAS 840 AM
"Driven by a hatred of immigrants and who wrote about it online manifest so pretty much of validated that there is Hayden ten but he did a motive in Dayton still unclear about high school classmates of gunmen Connor bent say he was suspended junior year after administrators on the hit list of those he said he wanted to kill this is Erin could her ski the two weekend mass shootings reinforced an F. B. I. concern that conspiracy theories amplified by social media are giving disturbed individuals license to commit violence the el Paso shooter told authorities he want to shoot as many Mexicans as possible in Dayton police said there was no apparent bias motive but the F. B. I.'s most concerned about attacks by lone untethered offenders in a country riven by political discord I'm sherry Preston ABC news Kentucky's congressional delegation reacting to the mass shootings following the mass shooting in el Paso Senate Majority Leader Mitch McConnell tweeted that his prayers go out to the victims their families and friends and the first responders the next morning but Connell said he was sickened to learn about another mass shooting in Dayton he tweeted we stand with law enforcement as they continue working to keep Americans safe and bring justice democratic congressman John Yarmouth tweeted the first responsibility of government is to protect its citizens he says the Congress just authorize seven hundred thirty eight billion dollars for the defense department but has taken no action to prevent gun violence Yarmouth also said the house has acted and would do more but president trump and Mitch McConnell or a wall Paul miles news radio eight forty WHAS in other news involving Mitch McConnell the Senate Majority Leader recovering after an injury a spokesperson for the senator saying that he fractured his shoulder after he tripped and fell at his local pet DO McConnell was treated release from hospital on Sunday and a spokesman says that the senator will work from home while recovering it's seven oh three eight news radio eight forty WHAS a local man arrested after allegedly sexually abusing a kid policing forty one year old Kenneth Matt this made unwanted sexual contact with a twelve year old boy on three occasions between September of twenty eighteen and July of this year police saying Matt this remove the victims pants and underwear rubbing the genital area police say Matt this paid the victim Mani to allow the touching Matt this altar poorly showed the victim a photo and video of a naked child approximately the victim's age after that incident the victim said he wanted the behavior to stop and it did for a period of time however Matt this visit the victim's home and said he missed their previous encounters the parents of the victim were informed about the incidents police picked up Matt this on Saturday he's facing first degree sexual abuse and distribution of obscene material to a minor president trump will address the nation this morning at ten o'clock on the weekend shooting show here that address here on news radio eight forty WHAS in about thirty minutes mayor Greg Fischer joins the show to react to the shootings as well your next news update coming at seven thirty I'm will Clark news radio eight forty WHAS Kentucky.
Softbank Group, Tokyo And Apple discussed on Morning News with Manda Factor and Gregg Hersholt
"Japanese internet company softbank group has set up a new fund for investing in technology such as artificial intelligence Tokyo based softbank says it's one hundred eight billion dollar vision fund to include thirty eight billion dollars from softbank the rest is from apple Foxconn Microsoft Japanese banks and other
"thirty eight billion dollars" Discussed on News Radio 690 KTSM
"The twenty twenty census lawyers for the department told a federal judge that for now they're printing the forms without one the government faced a deadline Friday to explain to a judge it's new rationale for ending the question we can see bays those is getting a settlement worth thirty eight billion dollars in her divorce from Amazon CEO Jeff Bezos under an agreement finalized last night by a judge in king county Washington mackenzie bays those will receive nearly twenty million shares of Amazon dot com giving her a four percent stake valued at over thirty eight billion dollars we can see bays us has promised to donate half of her fortune to charity you're listening to the latest from NBC news radio the president thinks there is going to be a big spike in military enlistments after his fourth of July speech president trump gave a speech on the Lincoln Memorial in Washington on the fourth call the independence day an occasion to come together as one nation to celebrate America's history and his heroes in the military from took some heat after saying the American revolutionary army took over airports trump explained that he had trouble with the teleprompter because of the rain no it says action is needed to save north Atlantic right whales after six of them died last month Angela Anderson has more the federal agency has written to the Canadian government to request a meeting with fisheries and transportation officials the whales all died in Canadian waters no it says the US has endeavored for many years to reduce the risks to right whales from attainment in fishing gear collisions with ships and efforts will continue says it has coordinated closely with Canada to share innovative techniques and solutions Angela Anderson NBC news radio to Chicago families are suing the city in a hospital after a case of mistaken identity led to the wrong family being asked to take a man off life support Phil kewl it has more the families are suing after police incorrectly identified an injured man with facial injuries hospital staff told two sisters the gravely injured man needed to be taken off life support the suit says the sisters repeatedly expressed serious doubts the man was indeed their brother but staff told them they just didn't recognize him because of his facial injuries and they were struggling with the difficult decision they agreed to have them removed from life support and he died in late may the brother showed up when they were planning his funeral the man who died was then identified by his fingerprints which police never checked America has a new tennis star Corey coco Goff advancing to the round of sixteen at Wimbledon she's fifteen years of age our next match is on Monday dean you cheio NBC news radio maybe it's too you woke up next to this morning maybe it's what you had for dinner last night full how you getting to work right now it's invisible a I is already making decisions for us on sleep walkers were speaking with the smartest people in the world and taking you inside the headquarters of Facebook the NYPD and the secret lab.
"thirty eight billion dollars" Discussed on WIBC 93.1FM
"God. Okay. It's say. Okay. Three trillion dollars. That's where we are with federal spending the deficit of seven hundred thirty eight billion dollars. The Halloween doing. And her answer is, well, gotta spend more. We have to spend less and much less. We don't have the taxation problem. We don't love it. How they often call it a revenue problem. Like they actually earn anything Rev our tax dollars. They consider revenue that's glorious. That is glorious stuff three trillion dollars and she's saying not enough. Demanding. When we lift the caps, then we could talk about lifting the debt ceiling. Okay. How, how do we as a nation expect to survive with this? Are we taking a look appear? Oh, allow me. But let's take three different Neil. We'll call it for four different places will get ABC news. And then we'll get a CBS news. All right. And then we'll do drudge, we'll do FOX. Okay. Bit of a mix. CBS news there headlines right now. Sarah Sanders, leaving the Trump administration. Okay. All right. The, the press secretary is leaving. That's certainly news worthy. Then they've got the story about the tankers there in the Gulf of Oman. And then President Trump says, of course, he'd report damaging information to the F B I, which we already know what he said, if you listen to the whole quote, and Amanda Knox traumatized by media on return to Italy. Amanda, Knox was the girl who was found not guilty of murder. That CBS ABC news. Trump disputes accounts of White House counsel's testimony to Muller Meena. He's disagrees with Don Mcgann. Okay. Then they've got a lightning strike that killed two people in Pennsylvania. Fox News Trump, they spied on my campaign, and here's a story about George Soros, and his drudge. It's all about Toronto. Raptors winning the NBA championship against Golden State four games to two. Three trillion dollars in spending. I just wanna put forth to you. That no one cares. Here we are no one cares about spending at all. And in any way, they don't care. The, the media apparatchik the political apparatchik does not care. We spend three trillion dollars or we spent four trillion dollars or we spend five billion dollars. They don't care if we borrow billions on billions and billions of dollars. They don't care. They'd rather do all these other things. Trump taking dirt was a one page story, you know what the next day the story should have been or one day story sitting on one page one day story, not the stores in the next day here. All the people in political history, took dart. Here's that we could stop all politicos from taking in the future. No, no, no. None of that. Just Trump and some crazed. Litmus test. The tankers are big story because that could lead us to war. I've led with the tankers. I think that matters. But the spending doesn't even get a get a word. It doesn't get a chirp. And when it does, it's, it's not even about the spending. We want to spend more. How much more do we think Nancy Pelosi wants to spend? We're going to boost spending limits on domestic programs. Why, what's the win because it shows how good and kind and decent we are. If I have Iran, actively engaged in putting mines or torpedoes into tankers. What we Planned Parenthood needs more bucks. Planned Parenthood doesn't count at that moment. Look, it's not about anger. It's about a rethink of priorities. I will not argue that I think we need to spend more on military spent it with everything we spend because what we're dealing with in China is an enemy that wants to play the outspend game and the last time we played the outspend game. We took down the Soviet Union. Got a little bit about history here. They're trying to outspend us. I didn't say we don't have to spend, but we gotta spend in a way that makes sense and you certainly can't be spending three trillion dollars running a seven hundred eighty seven billion dollar deficit. And then say, oh look the Kardashians have a policy or a look, here's a MandA. Knox. Those things don't matter. So either journalists think that there are things that do matter, which case there, no nothing's or known will click, or by their paper or watch their network, if they talk about the things that do, I don't have the answer there, three trillion dollars in spending isn't going to work and I'm Nancy Pelosi things. More spending is the answer. Nancy closing to get voted out faster than you can imagine. We went visited a Fox News is up next. I'm Tony.
"thirty eight billion dollars" Discussed on This is Why
"Responsibility. Concern because when we look at the costs that substances have on our Canadian society, this is actually something that studied on regular basis. The most recent study was released last year indicated that overall candidates spends thirty eight billion dollars related to substances every year. And you think oh my gosh. We've got this opioid crisis. We've got a meth crisis. No seventy percent of the cost. Canadian society is alcohol and tobacco alcohol recently overtook tobacco as the most costly most harmful substance that we have in Canada almost fifteen billion dollars a year alcohol costs us in terms of lost productivity health related costs Justice related costs other direct costs. And in fact, people are more likely to be hospitalized for alcohol related problems. Then the are for heart attack in Canada. So. The issue for for health professionals for other service providers is that this is harmfulness that is largely invisible to most Canadians. We have a long history using alcohol. We have a long history of enjoying it. Eighty percent of Canadians over the age of fifteen drink at least occasionally, the vast majority of them drink in moderation and drink responsibly for the most part. Because of that, I think we don't pay attention to the necessary assessment of risk. What is our personal risk? According to the stats released by the Canadian institute for health information last year, the rate of women who died from causes linked to alcohol climbed by twenty six percent. That's compared to just five percent for men between two thousand one and twenty sixteen and obviously worrisome trend if you think you need help within addiction or you does someone who does call your provincial health services by dialing eight one one or by visiting the health services page at Canada dot CA. This is why is produced by John doubt, and me Nikki right Meyer. It's a national radio show and podcast. So you can download and subscribe on apple podcast, Google podcast, basically wherever you download your favorite podcasts. And you can also hear us online at curious cast dot CA. Give us a rating and review tell your friends about the show as well. Pass on the good word or on Twitter at this is why and you can Email us at this is why at curious cast dot CA. Thanks for listening. And I'll talk to you next week.
"thirty eight billion dollars" Discussed on WNYC 93.9 FM
"Governor Phil Murphy has presented a thirty eight billion dollar budget for the twenty twenty fiscal year. The budget would go into effect in July and would increase top marginal tax rates on the state's millionaires. That's the very same issue that drew widespread opposition Murphy's, fellow Democrats in the state legislature last year, and almost led to government shutdown here to fill us in on the governor's latest budget and reaction to it. WNYC's New Jersey reporter, Karen rouse. Hey, karen. Hi, jamie. Karen, what are some of the highlights? Lights in the governor's budget. Murphy wanted to drive a couple of points home to citizens of New Jersey. So I he really wanted to make sure that they know that this is a budget that targets a better life for New Jersey's middle class. That's been a theme of his since he was elected, and that means bringing people up up into the middle class and increasing doing that with things like increasing funding for public schools. So they're adding two hundred and six million dollars this year for that. And that's expected to reduce the tax burden on property owners because the New Jersey schools are funded through property taxes. There's also funding for college tuition for low income students and affordable housing. Second. Murphy is really proud of the savings, and this thirty eight billion dollar spending plan and their impressive. Really? I mean, you have one point one billion in savings, and he did this by working with employee unions auditing state spending define savings. So they're actually looking at ending the twenty twenty year with a one billion dollar surplus, and that's pretty huge. It is where did those savings? Come from. So he says that his staff did these deep dives into the into their departments defined budget savings. So for instance, they found in some cases that people were getting healthcare coverage who want eligible, for example, if a state worker gets divorced, but the spouse is still on the plan, and now auditing and sort of weeding out those sorts of expenses, and they're also working with labor unions to find lower cost healthcare options to get those savings, but he's not just building this budget on tax cuts. Murphy says he wants to increase income tax rates on millionaire's. New Jersey's government nearly shut down last year over that same issue might it come to that this time around it doesn't appear. So so listen to these comments from Murphy speech about the negotiations that are ahead. I understand the budget. I'm proposing today will not be identical to the one that I will ultimately sign we will talk. We will negotiate and we will compromise. This is as it should be. This is how our system works best. So Jane, you hear that Murphy is striking the conciliatory tone in his speech. He's making it clear that he knows the legislature will ask for some different things what are in his budget. And they won't like some of the things that he's proposing. Murphy has had something of a contentious relationship with the leaders of the democrat led legislature. Particularly state Senate president Steve Sweeney, how did Sweeney and other legislative leaders react to the speech they kind of ate it up. I mean, really like during the speech Murphy was thoughtful about acknowledging the work of Senate president, Stephen Sweeney and assembly speaker, Craig Kauffman on education funding and getting a fifteen dollars minimum wage toned, if he struck work, he's knowledged, he acknowledged them during his speech and Sweeney said that after the speech, you know, he made comments he said that was a better tone than last year. When things want very friendly between them anybody did say that he doesn't like the millionaire's tax. And it's interesting when when Murphy talked about it in his speech, it was noticeable about how stone-faced Sweeney wise and how so many of the legislators didn't really respond. So I think we can probably expect a fight on that Sweeney. Also said he thinks there needs to be more money for nj transit in the budget. I think we need to remember that we need. You know, I'm sorry. So Murphy and the governor was not reasoning jersey he'd never held elected office before. And he made a lotta mistakes in his first year, the main one he didn't really form relationships with the legislative leaders. And even though they're all all three of them are Democrats, but that hurt him. And I think he's sort of trying to write that ship Murphy's budget includes sixty million dollars the state would take in from recreational marijuana sales. Karen, but these negotiations to legalize marijuana have been going on for more than a year. So to governor Murphy address, the state of those negotiations in the speech. He didn't talk a lot about the negotiations. But he did say that he's not going to sign a Bill unless appeals with expunge moments. And so that's something. That's civil rights leaders have been pushing for they wanna see a Bill that expunges the records of people who have been arrested in the past for marijuana possession and selling if those things become in fact legal in New Jersey. All right WNYC's, New Jersey reporter, Karen rouse from Trenton, Karen, thank you so much. Thanks, Jamie in the new HBO documentary, leaving Neverland two men, James safe, Chuck and Wade Robson discuss in graphic detail the alleged sexual abuse they say late pop star. Michael Jackson inflicted upon them. For years Jackson has always denied the allegations. And the Jackson estate is suing HBO for airing the documentary, but the film has left many viewers wrestling with Michael Jackson's legacy as well as how he drew children and their families into his orbit. Here was director, Dan Reed, speaking with all things considered. I think people completely their ability to think critically, and that goes James and Wade's mothers to they would dazzle. Starstruck Robson and save Chuck mother's address their responsibility directly in the film and said, well, I have to take some of the blame for this. I am your mother, and I didn't I didn't.
"thirty eight billion dollars" Discussed on Bloomberg Radio New York
"Thirty eight billion dollars into the system and its first ever targeted operation. The Bank is offering a one year facility at a yield of three point one five percent. A discount of fifteen basis points to the rate. It's an attempt to encourage lending to small business and ease cash demand ahead of the spring festival. Grounded in Washington Secretary of state, Mike Pompeo delivered a tub. Thumping? Video message to the World Economic Forum in Davos, he spoke of disruptive views spreading around the globe, touted renewed US economic strength and claimed a string of foreign policy successes. President Trump commented on his absence from the event tweeting he was criticized for attending last year an attack now for staying away. You all know this new Windsor blowing across the world the central question is this do they signal Fairweather or for shadow a storm? Is this a pattern of disruption a force for good? Or not. At argue that this disruption is a positive development. Theresa May as being warned of increasing disquiet in her conservative party. But members worried that her government is sleep walking towards a hard Brexit, Tuesday's cabinet meeting her to call for Tory rebels to be threatened with. No Brexit at all. While other ministers set a no deal outcome. Should stay on the table, Brussels. Meanwhile, said Theresa May should simply say what she wants. We continue to follow very closely the ongoing commentary debate in the UK, we urge the United Kingdom to cloudy fights intentions as soon as possible. At this stage would have nothing new to save from Brussels. Because there is nothing new from London. There are signs of a solution to the shutdown in Washington with Senate leaders agreeing to allow votes on rival ways of reopening. The government lawmakers will vote Thursday on democratic plan that would fund agencies until February the a and also on President Trump's proposal that includes funding for his border wall. Democratic plan has already been approved in the house. Global news twenty four hours a day on air and talk on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Deborah mount. This bloomberg. Scumbags. Our.
"thirty eight billion dollars" Discussed on NewsRadio KFBK
"Stocks still went down. Yeah. We're looking Goldman Sachs thirty five percent loss city group. Thirty eight billion shares they're down thirty thirty eight billion dollars worth of shares. Thirty eight billion dollars worth of shares. They put the down thirty percents what can Stanley down twenty four percent. Here's what we're saying. What has to happen is we're not saying, right or wrong. The fed is not going to raise interest rates. We believe in two thousand and nineteen we go back to September. When we made that forecast. They said they were going to raise them three to four times. Now, it looks like they won't raise them at all. We're looking at China. China has a huge debt problem. They're saying they're not going to put more money into the economy. They are. And so what we're saying is that the bull is going to get another brief dose of monetary mess, and that will drive the markets up a bit. But you have to look at the bigger picture of. We're telling our subscribers use your mind and look at what's going on. Take a look at home sales down you go to Australia that market was booming. Now, the Australian market is showing house prices and now fully at their fastest rate in ten years, pending home sales fell in November. They were down seven point seven percent eleven straight years. This is a worldwide issue. Then isn't a right. That's in America office. Clutch space is pushing down wrench here in Manhattan real.
"thirty eight billion dollars" Discussed on Newsradio 970 WFLA
"Daddy. That was a great song, by the way back in the day. But no, yes, younger people that are aware and alert. That's why elders used to be looked up to at one time. And they want the knowledge and they're not getting it today. Particularly nice. I mentioned to you from the research that we're showing particularly among the younger people, you know, they become addicted to check -nology and social media, and they're missing the human experience and an all time or and I'm seventy two I got you by two, you know, we've been around a lot, and we know more, and they'll look a lot of them are looking for that for that knowledge, and that wisdom and also the respect as well. And that's a big one that's huge that the respect part is just critical. I think to all of this so two thousand nineteen if you had to just roll the dice, you would say economically so-so economically. This is our forecast as I said, we came up with the forecast. Economic nine eleven. And that means we're looking at a global slowdown. And again, I went over here briefly. But you look at the banking stocks. Deutsche Bank is lost fifty eight percent of its share value this year, you look at the and the and the fed gave the Federal Reserve allowed the big banks to buy back stocks this year. Despite them buying back. Stocks the still went down. Yeah. We're looking Goldman Sachs thirty five percent loss city group. Thirty eight billion shares they're down thirty thirty eight billion dollars worth of shares. Thirty eight billion dollars worth of shares. They put that down thirty percent Morgan Stanley down twenty four percent. Here's what we're saying. What has to happen is? We're.
"thirty eight billion dollars" Discussed on News Radio 920 AM
"People that are aware and alert. That's why elders used to be looked up to at one time. And they want the knowledge and they're not getting it today, particularly nights. And I mentioned to you from the research that we're showing particularly among the younger people, you know, they become addicted to check -nology in social media, and they're missing the human experience and an old timer, and I'm seventy two I got you by two, you know, we've been around a lot, and we know more. They'll look is a lot of them are looking for that for that knowledge, and that wisdom and also the respect as well. And that's a big one. That's huge that the respect part is just critical. I think to all of this so two thousand nineteen if you had to just roll the dice, you would say economically so-so economically. This is our forecast as I said, we came up with the forecast of in economic nine eleven. And that means we're looking at a global slowdown again. I went over here briefly. But you look at the banking stocks. Deutsche Bank is lost fifty eight percent of its share value this year. You look at what the and the and the said gave the Federal Reserve allowed the big banks to buy back stocks this year. Despite them buying back. Stocks the still want down. Yeah. We're looking Goldman Sachs thirty five percent loss city group. Thirty eight billion shares they're down thirty thirty eight billion dollars worth.