36 Burst results for "Three Billion Dollars"
WeWork Co-Founder Adam Neumann Nears Settlement With SoftBank
"As we first reported exclusively we work. Owner softbank is in advanced talks to settle with the company's former ceo and co founder. Adam newman softbank took a majority stake in the shared office space company after we works attempted. Ipo collapsed in two thousand nineteen. A deal could clear the way for we work. Second attempt at a public listing the journalists. Maureen farrell has more. Adam newman some early employees and shareholders have been fighting with softbank about roughly three billion dollars. That softbank was gonna spend to buy their shares as of monday. It looks like softbank. adam newman. We work special. Committee is all very close to a deal. There are all close to settling their respective lawsuits with each other. So that litigations out of the way it could clear a path for we work to move forward potentially with the spec deal. We've heard that they've been negotiating. People familiar with the matter. Said there is no guarantee that an agreement will be produced but if there is one it could be finalized in the coming days. Newman had stepped down as investors balked at buying the money losing companies shares as well as conflicts of interest and erotic behavior
Fresh update on "three billion dollars" discussed on Dark Secret Place
"Out the whole deal. The south koreans were furious. Because that's the blue house. The korean white house incident. They want to be involved. But eventually the men and the body of duane hodges the The deceased was released. A little under a year. After they had been seized the north koreans have never given the boat back. But as of a tuesday the federal court says the north korea owes two point three billion dollars. Will we ever see it. And what was the intel breach. Have bad was the damage. I'll tell you this. It's the place warhol. Ix brandon tier until eleven. Kfi am six forty live everywhere on the iheartradio app. Kfi am six forty hour number three that secret place. We're all trying to here until eleven live everywhere on the iheartradio app. A settlement two point three billion dollars in federal court by the the crew and family of survivors of the us as pueblo versus the democratic people's republic of korea north korea finding in favor of the plaintiffs Two point three billion what what was the aftermath of the pueblo incident. Well as i say they still have the boat and they got the propaganda victory of completely meaningless admission by the captain that the us has pueblo had been spying not a big surprise there and assurance that us would not spy in the future and so the north korean government released the eighty two remaining crew crewmembers plus a body of hodges. This is on the twenty third of december nineteen sixty eight so just over. Eleven months where they held captive. They came back to san diego. And the the captain captain booster and all of the officers and crew appeared before a navy court of inquiry. A court martial was recommended for captain booster and and the officer in charge of the electronics of the surveillance gear. What they call the research department. Lieutenant steve harris why well surrendering without a fight and failing to destroy classified material. The secretary of the navy at the time rejected the recommendation saying they have suffered enough so the cabinet was never found guilty of any indiscretions and continued his navy career until retirement and get on..
Dominion Voting Systems sues 'MyPillow Guy' for $1.3 billion
"The my pillow guy is the latest to be sued by dominion voting systems dominion voting systems has filed a one point three billion dollar defamation lawsuit against the founder of Minnesota based my pillow the lawsuit alleges Mike Lindell falsely accused dominion of rigging the presidential election in the ignoring repeated warnings from dominion the company has filed similar lawsuits against Donald Trump attorneys Rudy guiliani and Sidney Powell dominion accuses Lindell of repeatedly telling what the lawsuit labels the big lie that the company stole the election Lindell says he's glad to minion sued and that the legal process will vindicate him I'm showing out there
Kraft Heinz selling nuts business to Hormel for $3.35 billion in cash
"Food to Hormel. The nuts business includes most products sold under the Planters brand Kraft Heinz is selling it for three and a third billion dollars cash. The Dow was a solo record
Borderlands developer Gearbox acquired by Embracer Group for $1.3B
"Borderlands developer gearbox has been acquired by embraced group this matthew andrew han games initiative is embraced. Group has made its most significant acquisition. Today with one point. Three billion dollar deal for berlin's developer gearbox entertainment that figure was given as the maximum value of the transaction which will see the texas based company become a wholly owned subsidiary of embraced group gearbox entertainments. Five hundred and fifty person team will join the swedish troops. Five thousand five hundred strong. We're force cure. Box co-founder pitchford will remain the head of the company when the deal completes in a statement pitchford sided the the appeal of racer. Ceo lars wing fours a strategy to create quote an allied partner group committed to feeling accelerating the ambitions of a series of decentralized successful entrepreneurial companies while magnifying the collective value in advantages diversification across the entire group. That's a damn sentence. There's so many worse in that sense but you get what he means.
Molecular Therapeutics Hopes to Reshape Gene Therapy
"So the first rail on a touch on today is from arena pharmaceuticals. The ticker symbol is a u. p. h. And they're sitting in a market cap. Now veron two two point one billion dollars and what we heard about a week ago is that they received fda approval for luke kindness for adult patients with active lupus nephritis and for those who haven't been following the company too long. They showed really really powerful phase three data. The stock shot up really well and then it's been kind of slowly selling off into you know around the thirteen fourteen dollar area and what we heard with this. Fda approval is the stock shot up to around twenty bucks and since then it's trading at around sixteen dollars now. I took a position around thirteen bucks and then sold most of it at around eighteen. And now i'm just sitting at around ten shares in anticipation of the future. And so we'll talk about that right now. But basically what the fda approval there are few details and one was that there was a black box warning but it was pretty much in line with cyclosporine. So it's not really anything to be concerned about. The other real benefit is that the patent protection is likely until the year twenty thirty seven so there were some concerns that the patent protection for arena in this drug was not gonna last that long and that could cut into the profits given the fact that they would lose exclusivity after a while so the other thing we heard is that arrhenius set the pricing and they said it at a price of three thousand nine hundred and fifty dollars for sixty capsules and then they estimate that the net revenue per patient per year is gonna sit at around sixty five thousand dollars so i did some quick math. Here to look at the prevalence of lupus and in general has around twenty to one hundred fifty cases per one hundred thousand people so in the united states that works out to around sixty six thousand two four hundred ninety thousand in the usa. And i know that's a pretty broad range but these are the These the publicly available stats. The corporate presentation of iranian says. That around forty percent of lupus patients have lupus nephritis so the actual problems in the kidneys that would benefit from this therapy so that brings us down to around twenty six thousand one hundred ninety eight thousand total addressable patients in the usa. So we have. Here's an estimated total potential revenue between one point seven billion to twelve point eight billion now again. That's a. It's a huge range. When there's an order of magnitude in there but at least there we get a sense of the kind of revenue. The company is going to be able to bring in sitting at around a two billion dollar market cap. It's definitely on the lower end. Even though this is the total addressable market and we know that arena isn't gonna be able to penetrate the whole thing. But i think the reason why the stock is of depressed is because of the bear narrative in regards to launch concerns so often with these smaller companies. Because they don't have an established salesforce they don't have necessarily those established relationships with either. Kol's or doctors space. It's difficult for companies that are small to really ramp up and deliver when it comes to the sales numbers so the bare narrative is saying that well they're going to really struggle with the launch therefore the company should only be expected to do the lower end of their expectation. Now on the both side. They're saying that well arena could be an emanate contender. And there's reasons to suggest that given that the risk is so low with this drug now. The data looks good and it's already fda approved so they could be being looked at by larger pharmaceutical companies. Who already have those established sales and marketing pipelines to just include this into their portfolio products. And start selling it so. I'm not sure what's going to happen. I'm going to relatively small position. I don't know how much i feel like diving in here. Given the the launch is going to be complicated. But i could miss out on a a merger acquisition deal. That could come as well. So that's really i think. Obviously it's very positive for the company and very positive for patients that are suffering with lupus nephritis but for me. I'm happy with my small position and just seeing what happens with the start with that. Let's move onto rhythm pharmaceuticals ticker symbol are ytm and they're sitting at a market cap of around one point three billion dollars and what they announced. It was positive data from semolina tied in additional emcee for our pathway deficient related. obesity 's so semolina tied was recently approved for hamas egas recessive mutant obese conditions related to pompey pcs k. One and leptin receptor so what that means. Is that patients that for this need to have a knockout in or a mutation in both copies of the gene whether it's policy pcs k. One or leptin receptor. Now what we weren't sure of is whether or not similan tide had an effect in hetero zayas patients and what this is is patients that have one functional copy of this gene so if their drugs sent. Milan could have an effect. In hetero zygote significantly expand the patient population that would qualify for treatment with this drug and with an expanded patient population. Obviously the revenues could be substantially higher than what we expect if it was only the home. Zygote
Musk in the Clubhouse, & Retail Traders on the Rise
"Good morning everybody. Welcome the squawk box. Cnbc and i'm becky quick. Along with joe kernan andrew organ andrew. Thanks becky and of course as you might imagine. We are monitoring shares of game. Stop once again. Let's show you where things stand robinhood planning to continue limit trading. In short squeeze names today it's narrowed its list of wounded trades from fifty stocks on friday to eight. Starting today customers will be only allowed to buy one share of game stop or five options contracts. The restrictions coming after wall street's clearinghouse mandated e tenfold increase in robin hood's deposit requirements last week and we should also mention that we're watching shares of or watching watching shares watching the price of silver trading at the highest level since two thousand thirteen. If you've been on read it over the weekend you'll know the red investors say they wanna pile into that commodity and they are doing so the hashtag silver squeeze which trending on twitter last night. That's spilling over into silver mining stocks. So there's lots of impacts across poured meantime sources telling cnbc that hedge fund. Melvin capital management lost fifty. Three percent in january. Melvin capital told us last week that it had closed out those positions in game. Stop on tuesday afternoon after sustaining heavy losses. Those are the losses talking about down. Fifty three percent. Senator and point seventy two infusing close to three billion dollars into melvin capitalist week in a source telling cnbc the point seventy two slid. Ten percent in january citadel lost three percent in january as well and i. I don't know if you guys were up late last night. I was not. But i've tried to listen in this morning to some of it elon. Musk was on clubhouse the social media platform last night. And we're gonna be talking to the ceo of clubhouse a little bit later today. But vlad ten of got on and effectively at of the c. O robinhood wants started affecting we interviewing vlad about what happened he effectively re reaffirmed her reconfirmed. What he told us on squawk box last week but to hear both of them talking about is quite a thing and maybe only speaks to where we are. Twenty four take on. It would seem like what was happening. Was everybody was pushing. On whether sid l. whether there's conflicts whether citadel was pushing on them to somehow closed down because part of the dave portnoy view of the world is because citadel has this arrangement with with them and was losing money themselves that there would be a conflict there where that the regulators are trying to do this or they're trying to protect the small the small guy but in fact that robin hood was trying to protect the big guy. Nice what was really happening there and and plaid stuck relatively to the script. It's appears and again. I have not heard the entirety of it but in terms of what he had said to us last week and very much specifically to the point that clearly this is a liquidity crisis of sorts for this company. The model becomes very complicated. When there's this kind of activity in only a handful of names and that they have to keep putting out bigger and bigger deposits on these names and that if you don't if you don't if you're not a massive bank with a huge balance sheet that becomes very hard. I mean i think it's gonna be very interesting to see what happens this week with robin hood to raise the question but you can make it through this week as an independent company. I think is a fair question to ask. They can keep limiting the trades. They if they limit the trays the flip side. As you'd imagine a lot of these investors will end up on fidelity or tennessee the ameritrade or other platforms. And we'll see exactly so there's sort of push pull that they're going to be grappling. With all week
Elon Musk questions Robinhood CEO over GameStop stock drama
"On the stocks beat during a chat on the social media chat service clubhouse robinhood ceo and co founder of laud tenant for the collection of the tech wealthy what led to the popular stock trading startup restricting buying activity of some popular stocks last week well as it turns out the national security clearing corporation or ns see a key member in the united states financial system had asked robert had to put up three billion dollars in deposit requirements to support its users trade into volatile shares. Late thursday night or friday morning depending on kind of where your time zone is now. Robinhood met with the sec. Ain't got that number down to one point. Four billion so less than half not bad and after saying to limit some user activity to seven hundred million which they then moved over and all of a sudden they were back up and running friday morning. Now robin still has a list of restricted stocks. As of today. It's gonna be interesting to see win. Unicorn can lift limitations on user activity and how many users may have both gained and lost in the last couple of days. Finally robin hoods cue for payment for order flow. Data is out so more to come on tech wrench. It's cute for performance later today.
Redditors took on hedge funds over GameStop stock and won. So what now?
"Video game retailer. That's not doing business. Right now just toppled in value on friday. Game stop was worth forty three dollars a share and a bunch of people got together on read it on a message board called wall street bets and they just decided. Let's buy up game. Stop stock and push prices higher and higher now a sheriff game one three hundred and forty seven dollars. Those read it. Based investors made lots of money they have also up ended the entire stock market and bled dry a bunch of hedge funds so much so the white house and treasury now monitoring. What's going on erin. Griffith is also monitoring. What's going on as a reporter for the new york times and she joins me now a aaron. Can you explain. I the origin. There's so there's a reddit thread where people talk about. Trading on wall street stuff called wall street bets is that right right and has about two million users i think and it's not just unrooted. They're also lots of other places on social media where people are gathering talk about stocks. Obviously out there on twitter there on dischord channel which actually shut down today for reasons that are unrelated but the mets people getting together and talking about stocks and it's become extremely popular in the pandemic because While there's no sports the worse there's not a lot of gambling. People are bored and so robin hood which is a stock trading app that has a mission of democratising investing has become extremely popular over the last year. A lot of people are day trading. Now right to robin was. Yeah so basically that. That's where it started right so you can get other robinhood app and thousand dollars or five hundred dollars or you don't have to have some huge amount of money right. You go on this board now. The origin of this as i understand it was it was kind of a troll and it was a troll directed at a bunch of hedge funds had made what's called shorts. They were betting the game stopped. Stock would go down. because it's business looked imperil. does that. is that how it worker started. Yes yes basically A lot of red investors have some kind of vendetta against shortsellers. I'm part of this comes from elon. Musk tesla is one of the most shorted most bet against stocks. And he has. This kind of say is very anti short-selling and So there's kind of manipulation that you can do where if the stock goes way up the short seller's hedge funds that are betting against the company betting on its docks no down. They get squeezed and the higher. The stock goes the more you know. The more the more money they're losing it can become really ugly for them and so they have the the traders know this and they kind of turned it into a game. This is the first time happened before of till ray. Which is a cannabis. Had that happen to them before. But it's definitely the first time it's happened at this scale right so that's interesting. I don't think i that elon. Musk doesn't like shorts. And a lot of people that run companies don't like shorts because what shortsellers do is say we bet on. You're gonna you're doing bad and our selves can drive your stock down. So they go and they look at this stock game. Stop that a lot of wall street hedge funds and said you're in trouble. We're going to bet against you. And they were like we'll take the other side of the bet. We'll rally to rescue the day game. Stop stock and am i right that there's like multiple hedge funds that have now lost billions of dollars on this. I don't know how many have have lost and how much. But there's there's definitely. At least one hedge fund. Melvin capital that had to take a three billion dollar bailout a from a fellow fund over rumors that by the going out of business. They denied that anyone who is short on the stock shorting. A stock is extremely risky. And so anyone who had that position is is definitely hurting right now and tweeted about drawing more attention to it in now all this news coverage the fact that the stock was halted nine times yesterday. The trading was because of so much volatility is drawing more attention to it getting more people sort of rallying in this area absurd mischievous game. So here's what i don't quite get like. At a certain point. I guess this started to get momentum of its own because it doesn't seem like the number of people who've downloaded the robin hood app and are on this reddit. Thread kinnock possibly account for the volume. That is pouring into this stock. Yeah i think. That's a good point. And i think a lot of people are sort of framing like oh this is the little guys rising up against the evil hedge funds and i mean that is worth noting that the hedge funds are also in wall street. Beds there look. They're following this. They're looking at what people are doing. And there are definitely enough people who are day trading on robin to to kind of move. The market share significant are move the market cap significantly of small or thinly traded companies. So big investors are following this now too. I mean you saw a who's very prominent. Silicon valley investor. Tweet that he was following it to i. There's probably some some big money playing in this alongside the read the verdict
GameStop Stock Soars as Reddit Investors Take On Wall Street Bets
"Stop the video game retailer. Stock has rallied over six hundred eighty percent this month and in the last couple of days the stocks volatility has pretty much everyone talking. So what's going on. First of all game stop is for the average mall going consumer dying brand a relic of simpler times when we used to have to physically go to the store and wait in line for the newest call of duty or for the latest harry potter book. So it's no surprise. That game stop has been a target for wall street shortsellers its demise has been foregone conclusion. So short and game stop. That is betting that game stop would continue to. Depreciate could have been a good bet except short-selling is risky and your losses if you lose that bad or basically limitless since there's no cap on how valuable the company has bet against could become so even riskier if stock you've shorted starts going up. You can essentially cut your losses without getting too in the weeds market mechanics here. When a lot of short seller's designed to cut their losses on a shorted stock. That's now suddenly going up it triggers. What's called a short squeeze. Demand goes up. Supply goes down. Price goes up more shortsellers. Try to cut their losses. It's a vicious cycle and one that can result in massive losses for their shortsellers and giant prophets for those who've invested in the stock on the way up which is when a popular reddit. Forum called wall street bets figured out that game stop was the most shorted stock in the us markets. It wasn't hard to convince reddit users in the forum to buy up enough stock in game. Stop to trigger that short squeeze making retail investors of bundle and sticking it to the wall street big guys in the process. This was all encouraged in many ways by high profile investors with a hefty social media presence. Jamaa only petia tweeted that he'd bet on the stock increasing himself cameron winkle voss of the winkle vi- suggested he might go along on the stock and must only tweeted that he was aware of the situation just aware of the situation in game. Stop took off again. In after hours. Trading and to wall street bets credit. The plan worked amid game. Stops rally shortsellers on wall. Street have accumulated over five billion dollars in losses year to date and that includes nine hundred million loss on monday and one point six billion lost on friday. As you're about to hear hedge fund. Melvin capital took an enormous loss on the bet so much so that rumors of bankruptcy were swirling on that wall street. Bet sub reddit. But the founder of melvin told our own andrew ross sorkin. The rumors aren't true. Here's andrew now some breaking news this morning on this game stop story. We've been reporting all morning. Having talked to gay. Plock into runs. Melvin capital gay. Plotkin saying that. Melvin capital has been out closed out its position in the stock force. That company was Firm i should say with short looks like lost a ton of money but short that company up through Before the end of the close yesterday but Gabe saying that They got out yesterday afternoon. Of course the question is what happens now. Game stop a game. Stop shares Melvin capital had to take in an additional close to three billion dollars in new capital citadel. Coming to the rescue along with point seventy two. This is a remarkable saga With game stop so many of these investors no really no longer really investing on the fundamentals of what's happening against up but more just continue to push up the stock and we've seen so many folks like you on musk. Go take to twitter about it. Chihua- polly fanning the flames. So there's a lot of fan fan. Flame fanning taking place right now big questions about regulators where they are what they should be doing a lot of criticism and critique online as saying that if you think manipulation what do you think wall street is doing everyday to us the retail investors so. There's a sort of a pop psychology dynamic at play. And i think we're all we're all learning and try and understand what it means but also what it means in the future for the ability of retail investors to get together on places like read it and other places Form an army of sorts and try to push up The stocks in in certain cases like this. So i'm at a loss for words. Joe i really am where are the regulators and is this just the beginning situation. We all do have a lot to say on this but you you obviously have a lot to san. That's interesting but obviously the plane with the calls. And you're you're seeing calls that are one hundred dollars out of the money going for nineteen dollars and things that you've got markups going from two billion to twenty five billion. Obviously everything you're saying we understand. This is this is a game obviously and these guys. When i put five dollars on a ncaa game that. I don't care that much about that's the same as jemaah putting a couple of hundred grand on some calls or lan or any of the guys were talking about this. I think it's kind of responsible. The kind of laughing about it laughing all the way to the bank. But you know there are market makers that have to take. How'd you like to be short some of these calls. Can you imagine being short some of these calls. Especially if you're not covering i mean you can lose. You can lose ten times your money. Unlike a regular investment where only lose one hundred percent. I mean this this this makes this makes bitcoin look like t-bills if you think there's speculation and crypto when you when you look at something like and now they're looking for the next mark right they'll find another game stop once they're done with game stop but in the meantime there's gonna be blood all over understand why i understand why elon musk is doing it. He hates the shorts. They've you know he's right. Thinks it's a game where he's playing a game to understand he's playing the game too. I don't understand why tomatoes doing this. I don't understand why the winkle loss guys doing this. I mean this is i. It's nothing about me. Said too much money it and if you if you think people look unkindly at the wealthy at this point like wait till you see what happens with with the retail investor who gets sucked into thing and gets caught in the trap with who can't afford to lose the money like these guys are doing. I'll tell you the thing there. There really is a merry band of retail investors. Out there both already but increasingly and this is what i think even more concerning i spent a lotta time night reporting this out but also spending time on the in some of these rooms there are places people are going out into encrypted rooms onto telegram onto signal where they where they effectively are planning their next raid. Where they're trying to look to say. Okay where can we do. You know who can we take down next. In this case it was capital that they were seeking to take down. That's why i think the news today that they're out maybe potentially a turning point. I don't know. I don't. I don't know what turns this stock back into some kind of a normal
Goldman Sachs CEO David Solomon gets $10 million pay cut over bank’s role in 1MDB scandal
"A securities filing shows goldman sachs chief executive. David solomon had his twenty twenty pay cut by ten million dollars as part of the fallout from the one. Md be scandal last year. The bank admitted that it broke. Us laws in its dealings with an investment fund at the heart of a global corruption ring. Wsj's peter rudy gear gives some context. Goldman sachs helped arrange bond sales totalling about six and a half billion dollars for one. Md that's a fund run by advisors to the malaysian government set up under the auspices of public works projects for malaysia. That fund was according to prosecutors became a piggy bank for different bribes to be paid to politicians in malaysia and abroad. Now last year goldman sachs reached a settlement with regulators in a couple of different countries that resulted in them paying about three billion dollars to avoid any further investigation or legal liability and part of that goldman agreed to take back some of the compensation it had paid executives in the filing the bank said salomon and other executives weren't involved in or aware of the firm's participation in any illicit activity adding their pay was reduced because the bank's board viewed the one. Md be scandal as an institutional failure
What's with the hold-up with the Pfizer vaccine?
"And the quest for a vaccine for coronavirus has been a bit of an emotional rollercoaster. Norman has an like we've been. We knew that it was needed. The science is massive. Things have been approved. And then now. We're looking at the especially the fis. Abondoned take vaccine. Which was the first cab off the rank and a lot of people around the world. Millions of people around the world are relying on it. there's delays and maybe today we could just take a bit of a step back and look at what it actually tixx or what is taken specifically to get the five vaccine up in the first place and just give people a bit of a sense of what the challenge is to get that out all around. The world is obviously enormous task. Pfizer has committed to one point three billion doses in two thousand twenty one and just up to two billion. And that's what they claim is the Is the hold up in terms of their faxing supplies. They've had to retool a factory to be able to increase their those production over the course of twenty. Twenty one to two billion doses. The marnie vaccine is supposedly an easier. Vaccine to manufacture requires different technology from the one. We've got here in australia. But they claim it's easier than some of the other more traditional vaccines we do know that The nova vaccine which is another one of the vaccines that we've committed to hear. Industry has had problems with manufacturer for the clinical trial. They've got a novel technology that links. The protein the fight the spike protein. To what's called an antient stimulate the immune so they've had some problems with that and others have had problems as well so i. It's right across the board in terms of manufacturing problems to this kind of scale so in theory easier to produce an marin vaccine bought. There are issues. No question about that but pfizer. And i did an interview with the md of pfizer australia for tonight. Seven thirty was saying that really their main issue was tooling up from one point. Three billion dollars target to two billion does target.
Vlad tidings: demonstrations across Russia
"On saturday tens of thousands of russians took to the streets in more than a hundred towns and cities across the country. In support of jailed kremlin critic. Alexey navalny protesters chanted. Putin is a thief as well as freedom to navalny chilling videos emerged police beating and kicking demonstrators. The response was not one about an out brutality. More than three thousand arrests were made at. Even mr navalny's wife was briefly. Detained the demonstrations were sparked mr navalny's arrest on spurious charges. Just as soon as he returned from germany last week but protesters were also fired up by to our video narrated by mr navalny and released a day later. Throw it saw my viceroy was thirty. Wrestling depicts a lavish palace. On the black sea. Allegedly built for president vladimir putin and funded with dodgy. Money allegations the kremlin dismissed as just rumor mr putin remains in a tough spot with disquiet spreading and his loudest critic making just as much trouble while in jail as he did out of it. This was not my first protest in moscow in quite a few the past few years are cody. Trotsky is russia editor in moscow. I would say that. Fear was one of caution pretty much on both sides the fact that people have braved the streets brave. The police cordons came out. Despite enormous intimidation campaign was waged. By the kremlin in the preceding days is in itself extraordinary russia's much more repressive state today than it was even a few years ago. The people who were out in the street was certainly not radicals as abba in moscow protests. That was scary. Moments police charging but on the whole the police behavior some restraint and its actions were nowhere on the level of violence and brutality which we saw a few months ago in neighboring belarus. There was no special measures with no tear. Gas rubber bullets so it was definitely tense. But i didn't see many of the accesses and when we spoke to protesters what were they saying. Why were they out. The protesters came from the social strata and had different possibly political beliefs. What brought them out onto the street. Were few things. There was a sense of injustice over the arrest of alexei novel name who was arrested at possible control on the rival at airport and is now facing three and a half years in jail for breaking parole rules on a previous suspended sentence and the reason he broke his parole rules. That didn't comfortable to the police was just happened to be recovering from novichok nerve agent poisoning in germany. So people obvious that as an injustice the other big catalyst for the protest was the release of alexander violence extraordinary two hour long documentary film about allegedly putin secret palace in the black sea coast which was bill deem volumes cronies at a cost of one point three billion dollars. It's your absolutely archetypal. James bond villains had with all the trimmings and the golden toilet brushes that made a big impact. It clocked over eighty million views on youtube. An underlying over that was just general sense of tidiness of putin's regime tiredness of course lack of economic growth it was a very broad protests. And that's what made say interesting. You know lots of people came out for the first time. And so do you think that. That broad dissent a across demographics. On a lot of first-time protesters will will make any difference to to. What the kremlin actually does. It's not going to make any difference. In the short term the kremlin has already said. It's not going to pay attention. Admittedly fiscal putin spokesman said well. We think it was a very small protests. Many more people vote for vladimir putin. That was ironic. Given that alexander was barred from the election in which people voted for vladimir putin the reason the numbers were kept down walls because of enormous intimidation campaigns parents schoolchildren were told to keep their kids at home. Students were threatened with expulsion employs. The employees they'd risk dismissal if they would join the protest et cetera et cetera. The kremlin is not going to release alexei navalny overnight but only himself and he's associates of said. This is not an immediate process. This is a long haul to re coined the famous phrase by me. He'll gorbachev in the late eighties. The process started so. Do you think that the detention of of mr navalny and the release of this video and all of those us have really changed things. Is this a turning point. They do and this change effects vladimir putin's legitimacy which is already being Waning and we. We've seen that in in the raising figures. But this film and alexander. Violence return to russia is a massive blow to putin's legitimacy and to the attitudes and perceptions of putin in the broad russian public as one commentator set to me you know two years ago people had to explain why they oppose putin today they have to justify why they support him. And how has the international community responded to to this protest mood and these protests i think so far west leaders have been watching very carefully. What's happening in russia. has been rhetorical outrage. At least both from angela merkel Sees this as a slap in her face because nobody was in germany under her protection also been marketed. Different reaction from washington. I think we will see a very different response. From biden's administration compared to trump's acquiescence to putin's action has been called for tax sanctions including from poland. A you member states the foreign ministers to discuss next steps. But i think there is also worry amongst western countries and particularly among russian neighbors and countries like the baltic states and poland that events in russia will have repercussions outside russian borders and this north unfounded fears because in two thousand fourteen two years after big protests swept russia features berg and other big cities the kremlin annexed crimea and stuff the war in ukraine in order to change the narrative and dominate political agenda so lot of russia neighbors worried that repression at home and protests against the kremlin will lead to aggression. Abreu arkady. thank you very much for joining us. Thank you jason
What We Know About The Apple Car
"Another. Financial analysts has gone hard. Core apple car ahead of this week's earnings one may have nothing to do with the other. Certainly apple exacts are not going to announce an apple car on wednesdays call but apple. Send them an is running high and now bam a second note about apple car days before the earnings report mid week last week it was cowan company analyst send car then ever core analyst dairy on the ended the week last week getting behind the imaginary wheel apple three zero ran the note wherein ad rock set out six key observations boiling those down one. He is into apple soup to nuts. Approach doing hardware software silicon and so on to apple could make up for generally low margin than cars with money maiden services. Three don't under sell mobility. Iphone is a mobile computer. Apple car will be two four. The total addressable market is gargantuan. Three trillion dollars though. He stresses again. That services are where the money will be for apple. Five apple will work with contract manufacturers to bring this premium consumers and sex. The car could add thirty six billion dollars in sales or thirty cents earnings per share in the long run and yeah he probably means long run. He and his an increased probability. That apple will have a product here in the next five years. It seems unlikely that they would start making money on that right away. Though between now. And then darren anonymous. Says he's got a near term bullish bias driven by the trifecta of iphone super cycle monetization of installed base and gm expansion. He's gotten outperform rating on apple shares. He used friday's car note to his price. Target on the shares from one hundred forty five dollars to one hundred sixty. The here is a phrase that we haven't heard in a while apple set new intra day and closing highs on friday mac. Daily news says apple shares. Were up two dollars and twenty cents to end the week last week. Closing at one hundred thirty nine dollars seven cents a lot higher partway through the day. Though hitting one thirty nine eighty five. The company ended the day with the market valuation of two point three four one trillion dollars. We'll tell you the next numbers make my head hurt. Apple's valuation of two point three trillion is six hundred thirty three billion dollars higher than second place microsoft with the market valuation of one point seven trillion amazon's third with evaluation of one point six five trillion followed by alphabet one point two eight trillion tesla rounds out the five most valuable publicly traded companies in the us with a market valuation of eight hundred billion dollars. The good news for apple shares comes ahead of this week's earnings report that set for this wednesday after which there will be an earnings call jelly beans and double bags to be served. After you can catch the call. Live on apple's investor relations page two. Pm pacific five pm eastern the company will also make it available as a podcast people will be tweeting about it. Bloggers will be blogging about. It will have a first look at that on that day's mac. Os can live. And of course we'll go a bit deeper on the following days mac. Os cat
The failed Plaid-Visa merger is interesting fintech tea
"The financial tech firm plaid announced this week that it's doubling its workforce in europe that is largely because it's planned five point. Three billion dollar merger with visa fell apart earlier. This month after an antitrust lawsuit from the department of justice is a platform that lets you a customer link your bank account to cap like ben mo or robin hood you log in using plaid's interface but the bank itself might be totally cut out of the loop. They hate that. Visa could use plaid to expand beyond payments and maybe legitimized platt itself. Lisa ellis researchers payments at the firm moffitt nathanson. She said the doj Worried that these might be trying to kill the competition. There was sort of making an example. Frankly visa because obviously this is a theme that recently the doj has been focusing more on this idea of big tech firms buying small nascent potential competitors to kind of take them out of the market early on that was the angle that the doj came and they had leaked documents from internal strategy documents of of visas that explicitly indicated this as a risk. And so that was sort of the basically visa visa is facebook. They didn't want plaid to be the instagram right. Exactly i mean. Does this signal. Do you think a real shift then antitrust policy where that will be a more normal calculation that the doj makes it's definitely an angle that the doj is much more focused on it's a component of antitrust. That's historically not been instead of the usual measures that you would use to determine if something needs the bar of being an antitrust violation there now incorporating this thought this idea Much more actively this concept that larger firms are motivated or maybe motivated to kind of stymie competition in their space is by acquiring and then sort of retrofitting or in an extreme scenario. Actually just outright shutting down small competitors. Do you think that there will be other. That's than specifically inventec like do you think there's going to be more scrutiny. Assuming the day is on a new anti-trust push that also includes not stopping out baby competitors. Do you think there will also be increased scrutiny on because of the sensitivity of the information involved i do i do and that's also With the change in administration with a biden administration. He's been very open that the cfp is one of his big priorities. In terms of broadening and increasing the scrutiny on consumer protection in general which will include presumably will include fintechs and then in addition to that fintechs have gotten an enormous boost from the pandemic because of people being at home bank branches closed people having a little bit of extra cash because of stimulus checks. That's why you've seen this huge growth in robin hood in Coin bays in pay pal in van mo- in all of the i mean they've all had huge growth and so they're also just suddenly much larger and on a lot more people's radar screens. And so i think over the next year or sue we're going to see a lot more clear regulatory framework around fintechs and how they operate and how they interact with banks and what they need to be licensed for and all the consumer privacy and data concerns
Plaid plans European hiring spree despite Visa deal falling apart
"Clad and visa have ended plans for their monster merger almost a year after it was announced visa has cooled off. Its deal to buy fintech plaid for five point. Three billion dollars off to the us department of justice sued to block the transaction on antitrust grounds. We're confident we would have prevailed in cooled as plaid's capabilities. A complimentary to these is not competitive. Said al kelly chief executive when the deal was announced in january. Twenty twenty mr. Kelly said it would put the combined company at the epicenter of the fintech world but the doj moved to block the deal in early november arguing. That visa had chosen to a quiet plod because it was developing payments platform that would challenge visa dominance in the sector. Zach perry plaid. Ceo says it has only just begun will also stating it grew. Customers by sixty percent added hundreds of banks to the platform recently So ouattara thoughts on this. I suppose i double on the doj's decision. They made the right decision And then on top of what you think is next applied and indeed for visa you know visas strategists the scott. What's it gonna do instead Who wants to confessed on this one. I have no obvious. Talk on the story bradley. I'll go straight to you oklahoma. Dj positioning oversee. This was a memo. I think the visa describing is future competitor. But it's kind of like if you look at shell or chevron will be one of the big oil and gas guys if they go and invest heavily all by one of the renewable energy providers without be something the doj against odin think. so so. i don't view necessarily a competition. It definitely is an aggressive move would have been by visa. I'm but it's not. Apples to apples. Is competing new way of paying the more. Traditional banking rails. I'm it wasn't than buying competing conference. That i think would have been than trying to own their own. Their own immedi system. So i'm sure agree. With the ruling on deeply never went cold so almazo writes Will arenas once it's interesting time. Isn't it broadly. The famous volcano picture was the Was was the that was mentioned and this idea that plot was gonna move in that direction. The doj's argument was always that will fees is nearly sixty sixty five percent market share in the us. It's clearly dominant position if they're acquiring something that could compete with the very called rails itself then. A potential competitive type was being taken off the table and visa would continue to own a even if the rails would move from called to something that was more account based are the question to your point as to whether or not that was ever going to happen but certainly in a lot of the country. I've seen online In the past a couple of days and days since cisco announced on twitter a lot of the vc community is sort of saying it looks like plot themselves may have been motivated to terminate this because five billion dollars for a for an api data company. Seems like a really big price when visa. I pays it. But it's a testament to why we are infantile. That plot could probably got a better deal. I'm and actually the growth in neo biking and challenging ranking during the pandemic has been so astonishing that why wouldn't plod to go somewhere else and could they built mobile themselves than they cut on the on. The visa's umbrella suddenly seems like fintech. Twitter is very very bullish homeless firm plots perspective. I'm but then also people who all big funds of visa think. This is a good move for them as well because it kind of moves them away from being They were always very friendly with the banks kind of the position with the big banks. They have a great relationship. Plods account dates are access is not very well liked by a lot of the major. Us banks indeed. Many of them have been trying to block access to screen scraping together on direct deals in place and that might be one of the biggest threats in plots business model so visas business just gets a lot clearer. All of a sudden plot may be able to go onum become that competitor or something else so a good result all around personally
Visa abandons takeover of Plaid after DOJ raises antitrust concerns
"Visa has announced it is abandoning. Its five point. Three billion dollar planned acquisition of fintech firm plaid after the doj sued over antitrust concerns back in november. Now maybe visa plaid is a unique case. And i'm open to people's opinions about this. But i feel like this is the sort of acquisition that would have sailed through without anyone blinking an eye five or six years ago quoting the journal plaid. The government argued was a nascent but important competitive threat to visa and eliminating that threat would lead to higher prices less innovation and higher entry barriers for online debit services. Visa initially vowed to fight the government and a trial was scheduled for june in a california federal court. Visa and plaid mutually agreed to end of the deal. Plaid chief executive zach. Parrot said in an interview. That plan is in good shape to prosper independent company. Because consumers flocked to the digital finance plaid powers during the coronavirus pandemic the number of paying plaid customers has increased more than sixty percent since the visa deal was announced. Mr parrot added and quote. So what i've been hearing overnight is maybe plaid isn't all that broken up about this deal breaking up as it were because in a world where square is worth one hundred billion dollars pay pal is at two hundred and fifty billion five billion dollars for a key. Part of all of fintech was frankly looking like an absurdly low price like the steal of the century given the current markets. If somehow plaid could tomorrow how much you wanna bet. They'd hit at least a fifty billion dollar valuation. Or something crazy though. I would question what made them went to take the deal in the first place. What do we or do we not know about their underlying business. As alex ramble at a sixteen z tweeted quote plaid underpins virtually all offend tech. It is the strategic pillar that is allowing this industry to be built at unprecedented scale and speed. While i believe the doj decision to be misguided. I'm more excited for plaid. Anzac parents decision to remain independent. Plaid has been and will continue to be the most important piece of financial infrastructure. Powering the fintech services we use today and those we will use tomorrow. The opportunity for fintech has only accelerated and plaid's roadmap is even bigger better and more. Ambitious ludicrous speed. Go and quote and as ham hamster jogi tweeted your move. Patrick collison
EV Used Car Values Are Holding Up
"So the altium battery cells Gm and lg's the nine they've given it to the platform more than just the cells or the batteries that made into recently. They've been calling it. The ltm platform and that is going to be the foundation for all of their electric cars and thanks to a youtube channel by ray non navia. We can now check the construction process of that facility. That's going up in lewistown. Ohio a joint venture between gm and lg. Like i say according to inside hof the construction work is already done. The buildings are up the reeves on on. But you can see the buildings going up and surely there is so much still to do. But within several months they are on target to have that facility finish. There is an unhealthy obsession with watching tesla build factories and the busiest aspects of germany. Right now is probably drones above some way just outside of berlin or maybe texas facility asli. They're all the gigafactory is being built. Gm's with algae is coming along very nicely baking. It'll be out of the oven soon. And they company will install manufacturing equipment later this year. Production starts in two thousand nine hundred twenty two the spending two point three billion dollars on it. It's going to create one thousand one hundred new jobs in lordstown ohio and they're gonna make about thirty gigawatt hours annually of cells which is huge. It puts them just behind. Tesla's gigafactory in nevada. Funnily enough okay. Let's move on and on the podcast next. We're going to be talking about what's fascinating story next on the show an official look into battery safety and that's not to say that batteries are unsafe in any possible way but the american. Nhtsa nitsa is creating and a battery initiative for visas to coordinate looking at things like the research the investigations and the safety standards around battery safety. And that's a good thing because you know these are incredibly safe like the comic is themselves and the battery. Maker's is an amazing job with this. I feel so safe driving around. Evt's and you just think about because we've had cars combustion costs for hundred years. You don't think i'm driving. I'm putting my family and my baby inside a car which is carrying around litas. Some gallons of very high highly combustible liquid blows up. I mean when you look at the fire department and the fire brigade stats on cough. Is they've really coleman. And so when there's an incident of course it makes the news because they're so rat but normal 'cause burned down all the time. So i feel very safe driving a navy if you're drive already but it's really good news. The nhtsa has created an initiative to look at the kind of coordinated analysis of data investigations. When there's a crash an anon- crash event and look at diagnostics and even cybersecurity as well. That's all very important. According to the website Techno codex this initiative nitsa that it will conduct investigations into safety related defects in vs and be a central point on battery safety. That's very very important. Lots of people are doing this. But i think it will give consumers more confidence.
Dominion sues Trump lawyer Sidney Powell for defamation
"A company that makes vote counting equipment has filed a defamation lawsuit against one of the lawyers representing president trump in a series of unsuccessful lawsuits contesting the outcome of the presidential election Sydney Powell has claimed without evidence that dominion voting systems was part of a scheme to steal the election from president trump saying it needs to set the record straight the election technology vendors lawsuit seeks one point three billion dollars for what it describes as Powell's wild accusations dominion voting systems notes there are mountains of direct evidence to conclusively disproved Powell's claims millions of paper ballots audited and recounted by officials of both parties in Georgia and other swing states that have confirmed the accuracy of dominion's count Ben Thomas Washington
"three billion dollars" Discussed on KOMO
"A three billion dollar reserve to help cushion this usually said no decision has been made the latest Washington corona virus count shows a total of eight hundred fifty seven deaths including four new deaths in king county two more in Pierce county and Walla Walla county's first reported coded nineteen death now let's check how much ram in Bellevue on northbound I. four oh five the right lane and shoulder are closed for construction work between north east forty fourth street and Lake Washington Boulevard until five AM also involve you the northbound I. four oh five on an off ramp at north east forty four street are closed until five o'clock in the morning a detour is in place and we have a high wind warning in place for the Tacoma narrows bridge until further notice I'm Jay Phillips co more twenty four seven traffic news traffic and weather updates weekday morning and be listening for more stories and interviews to help you make sense of it all calm all morning twenty eight minutes before the hour thanks for sticking with us on first lifecycle scandal here glad to have you with us so parts of the country are reopening the White House is dissolving the special coronavirus task force but the death toll is rising and new projection show much more death ahead trying to get a handle all that in a few minutes right now however CNBC's Jessica Ettinger gets a handle on midweek morning money good morning Michael stocks are coming off a fourth straight winning day the Dow was up a half percent of one hundred thirty three points Disney reported quarterly results after the close yesterday watch those shares today it.
"three billion dollars" Discussed on WCBS Newsradio 880
"Deal three billion dollars in incentives and breaks still things that would have been a good idea we don't have a problem bring businesses to Manhattan but we have been trying for decades to get that queens waterfront develop Amazon says it has signed a lease for three hundred fifty thousand square feet in a tenth Avenue building near the Hudson yards development at Javits center with the governor Mike Sugerman WCBS newsradio eight eight the justice department's inspector general apparently found reportedly found no evidence that the F. B. I. attempted to place undercover agents or informants inside Donald trump's campaign in two thousand sixteen the finding contradicts president trump and his supporters who alleged FBI official spied on the trump campaign now the inspector general will debunk that Monday we're told CBS news senior investigative correspondent Catherine Herridge adds that a deposition by former FBI director James call me could be important in that deposition he is asked specifically did you then or do you know have any concerns about the process that occurred around the Carter page buys and that's the surveillance worn and he responds I do not so what we'll find out on Monday from inspector general Horowitz is whether his findings match those of the former FBI director talks about a pet but I've talked about a potential plea deal between Rudy guiliani associate and federal prosecutors reports the guardian let Parnassus has been indicted for making illegal campaign contributions to help president trump find political dirt on former vice president Joe Biden in Ukraine part S. is likely to face more charges as the paper so he is talking deal it could put more pressure on guiliani who has numerous legal problems because of his dealings part **** been cooperating with the house impeaching each man and Corey in response to a subpoena he's turned over video and audio recordings to the house intelligence committee Russian interference in Britain's upcoming election is an issue again after the social media platform reddit concluded that leaked government documents on brexit trade were linked to Russian operators reddit band sixty one account suspected of violating policies against vote manipulation Thursday is the general election in the UK which will determine all the country's future relationship with the European Union all six hundred fifty seats in the house of Commons are up for grabs in the vote W. CBS news time seven thirty five the US military believes that an on armed American drone lost near Libya's capital was downed by Russian air defenses the US is demanding the return of the aircraft wreckage the drone was shot down last month Moscow has become increasingly muscular in Libya Russian mercenaries are reportedly intervening on behalf of east Libya base commander Khalifeh have tar this is in Libya's civil war the US army general Stephen Townsend who leads the U. S. Africa command said quote they are refusing to return it they say they don't know where it is but I am not by W. CBS news time seven thirty six WCBS eight eighty on the air and on demand only with the radio dot com air him didn't take you to.
"three billion dollars" Discussed on WNYC 93.9 FM
"Three billion dollars that's how much the US government is collected in tariffs in the last year with president trump threatening new terrace on China that amount could go up Josh zoom grown of the Wall Street journal joins us to talk about that welcome to the program thanks so much for having me to begin what does that sixty three billion dollars represent right you can think of the new tariffs in the old tax the US had a lot of tears that have been in place for decades and those tears have brought in about thirty or thirty five billion dollars a year and these are the amounts that US employers have to pay on the goods that they're importing from all around the world then there's also about twenty seven billion dollars that have come in from the new tariffs imposed by the trump administration and so it's when you put together those all tasks and the new tasks that you get to a figure that's his biggest sixty three billion that's the total amount but how much of it is coming from the China terror specifically so a really interesting thing is that in June for the first time more than half of the tariff revenue that came into the U. S. was coming from those things imported from China and to be clear it's not that China is paying these tires right it's whoever is importing the good to feel like we have to clarify he time talk about this story that's exactly right this is goods that come from China but it's the US importer that technically is assessed them the president is sometimes a little vague sometimes kind of downright misleading when he talks about this but it actually is US importers better assess this bill when they bring things and at the border at the ports a doubling in tariff revenue where's that money going well it hasn't been much of a windfall in the main reason for that is that the trade war has taken such a big toll on US farmers that the administration has rolled out to separate rescue programs kind of for the farm economy these been programs where farmers receive big direct payments to make up for other lost sales for China and as it happens those programs have been about twenty eight billion dollars so you've got twenty seven billion dollars in in your tears money but you spent about twenty billion to help farmers out during this conflict and so if you think of it that way that the net effect has been actually very slightly negative I'm sure those farmers would rather just make those sales right the program hasn't been very popular with farmers they would much prefer to just have more successful markets that they can go to rather than have to kind of accept government hand outs president trump tweeted earlier this year that with more than a hundred billion coming in to the U. S. and terrorists the US would buy agricultural products from farmers ship them to poor and starving countries in the form of humanitarian assistance has that happened no they looked into a program along those lines but realized it was pretty in feasible you know there's problems of kind of dumping large amounts of crops on poor countries because you can ruin their own agriculture sectors so they decided to just do the more simple program where you provide the direct payments to farmers now the part that is right there is that the total amount being brought in by these could get to be a hundred billion dollars I mean at the current pace it was six billion in June that would work out to about seventy two billion a year if it continues and there's talk of adding even more terrorists on top of that so you really could get two hundred billion being that number but at the end of the day this is not turned into some kind of windfall for the U. S. no I mean even when you account for the extra revenue that's come in from the terrace the US is still been running trillion dollar deficits so you know at all this money that's coming in for taxes is going right out the door in the treasury still having to borrow a trillion dollars a year just to find that kind of scale of government operations some people have written to me and said does this mean we're going to pay down the debt unfortunately the answer is no not even close let's just assume room he's a national economics.
"three billion dollars" Discussed on KDWN 720AM
"The most are the ability to detain families together fair and expeditious immigration proceeding. That's a few centers of law, and Secondly, the ability to have unaccompanied children who are being enticed into this modeling cycle from Central America being able to repatriate them safely. And that was Dan Stein for the federation for American Immigration Reform also known as fair. I'm Mary Walter in for Brian. Can we're talking about illegal immigration, and what's happening on our border, and one of the other things I wanted to bring in here is in addition to what is happening in about the money that is being sent home in about the the money that these smugglers are making estimated anywhere from a couple million two hundred million to two point three billion dollars that these smugglers made in twenty seventeen alone, obviously, very hard to track that that money to to get a real number on it. But that's crazy. And most legal immigrants in the US receive government benefits. This is a fair study found in twenty seventeen that illegal immigrants are a net consumer of taxpayer benefits worth more than one hundred billion dollars a year that does not include what you're paying to enforce the border, and I hear this all the time from the left contribute to society data the jobs Americans don't wanna do they pay if they get if they get a tax payer ID number day pay into the system. Bottom line is they're taking more than they're putting in federal benefits are supposed to be off limits but more than twenty five thousand undocumented workers receive subsidized housing, according to the US department of housing and urban development..
"three billion dollars" Discussed on KDWN 720AM
"Secure our borders. We could solve this problem. This is a made up by Mulvaney said he was waiting to hear from Senate Democratic leader Chuck Schumer about a counter offer the White House presented over the weekend. He would only say the offer was between Trump's five point seven billion dollar request and the one point three billion dollars. That's been offered. An independent special counsel is accusing Michigan State University of stonewalling his probe into the schools handling of the sexual abuse scandal involving convicted sports Dr Larry Nassar, a special counsel Bill Forsyth released a report that accuses the school of fighting the release of documents and releasing others that were either heavily redacted or irrelevant. In the case investigating simply isn't over with you. We still have a number of documents that have to be reviewed, but the big bone of contention. Was there? Location of attorney client privilege. We asked them early on if they would be somewhat less liberal in there. Application of the attorney client privilege and got nowhere. If the physician was going to be we weren't going to disclose the information. And don't ask us to come in. And do an investigation of college. You're gonna cooperate you can have policies in place, and they had policies in place in some instances here. Have prevented some of this, and it's incumbent on the people implementing the policies enforcing the policies to follow them. So you can implement all you want. But until with people who are going to be in charge of them. Do what they're expected to do it won't change. Foresight that his team brought criminal charges against three people, including former Michigan state, president Luana Simon. She's been charged with lying to police in allegation. Her attorneys. Disputes, and at least four Chinese cities.
"three billion dollars" Discussed on WCBS Newsradio 880
"Earlier democratic Connecticut Senator Richard Blumenthal told us the border wall is a non starter border wall. Funding really is the obstacle. The Trump wall has caused. Shut down. He was very pleased. In fact, he said proud to shut down the government just a few days ago on the issue of the border wall, which is a wasteful and ineffective solution to border security, we agree on border security, but it's a fourteen th century solution to twenty-first-century challenge. And really there is consensus on both Republican and democratic side it we should pass this measure without the wall Senator is there any amount of money that would be earmarked for the border wall that you'd be okay with if it led to a deal here money has been allocated for repair and maintenance of the barriers along the border. Unfortunately, even that money has been spent by this administration. So we have agreed on one point three billion dollars. Four additional border security, that's acceptable to both Republicans and Democrats president indicated he would be okay with it. And then he reverses itself. So the Republicans now control all three branches or bodies, the house the Senate and the White House, and I think they need to make sure the president is going to be insistent rather than reversing himself in his petulant and unpredictable way. Well, he's pretty much been all in on the border wall. Wouldn't you say? He has been all in on a wall. They can be climbed over tunneled under most experts say insiders on border security personnel. Say Walsum CD shining sea is impractical. But he has made this vanity project symbol of his manhood almost and he has abandoned the idea. Remember, the Mexicans were supposed to pay for it. So we are at an impasse right now. But I'm very hopeful that we can make progress I'm in Washington DC, and I'm hopeful that Senator Schumer and others can make progress. Connecticut Senator Richard Blumenthal. Thank you. Thank you. Queen subway riders have to deal with suspensions on the number seven line on nights and weekends during January and February service will be suspended between Queensboro plaza on thirty fourth street. Hudson yards for trackwork shuttle buses will operate. Great in Queen sits ten eighteen traffic.
"three billion dollars" Discussed on KQED Radio
"Point three billion dollars that we gave him last year for border security. No all that border security less than six percent of it has been spent they haven't even spent last year's money, and now they're demanding much much more this year. Lawmakers have ten days to reach a spending agreement to avoid a partial government shutdown just before the Christmas break stocks finished mixed on Wall Street after another see-saw session. The Dow lost more than fifty points. This is NPR from news. I'm Tiffany Cam high bay area. Members of the House Judiciary committee today took their turn questioning Google CEO. Here's cake, Peter Jon Shuler, south bay congresswoman Zoloft grin asked soon. Darpa Chhaya how Google plans to address community hangs over the impact on an already tight housing market. We have done white outreach and have committed to making sure that is affordable housing at varying affordable levels, East Bay congressman Eric swallow focused on protecting user data does the United States need a national privacy law. I'm off the opinion that they are better off at more fuller arching data protection framework for uses and I think that would be good to CHAI said, he favors aligning US data protection laws with rules already in place. In europe. I'm Peter Jon Shuler cake. You E news. Oakland city council is expected to vote tonight. On whether to require owners of certain apartment buildings to seismically retrofit their properties. K cuties khloe. Veldman has.
"three billion dollars" Discussed on Bloomberg Radio New York
"Does this companies need to take on now to fund this, growth in, the future to fund that content It's very interesting. If you look in terms of the the cash burn on Netflix the the consensus cash is around three billion dollars All over three billion dollars for this year And it rapidly comes down but you're still looking company It doesn't almost. Forecast doesn't get cash flow posted until twenty twenty one I think it all goes down to the point four best subscriber growth is predicated on having, to get a consistent stream Of high to sort of all call shows Cash flow is probably good right but people expect History We got to leave. It we got to leave it. There what I would say it just need more the. Queen I mean Claire for he's just. Gotta get to work to. Ballot Jonah took that was really. Important your observation on the World Cup as. Well we'll do much more on this course through the. Day we'll monitor Netflixing Bloomberg technology that will look this carefully This morning John Farrow New York. I'm Tom Kean in London tomorrow back in New York It's so exciting this is Bloomberg Bloomberg markets. I'm Pimm FOX for Carol Massar we'll take a look at, the details of Federal Reserve chairman Jerome Powell testimony before the Senate on monetary policy today at, two eastern on Bloomberg..
"three billion dollars" Discussed on WTVN
"Using twenty three billion dollars and snap benefits she said that the bill would kick two hundred sixty five thousand children out of the free school breakfast and lunch programs she also said that it would eliminate benefits for four hundred thousand households which translates into almost a million hungry americans overall fudge is urging republicans to come back to the negotiating table to make the bill better with the help of democrats a conservative leaning think tank in columbus says that ohio is in good shape and both ways of calculating unemployment ohio's unemployment rate last month comes in at four point three percent dr andrew kid is an economist at the buckeye institute hios economy is growing and those seeking jobs are finding them kid tells us ohio is seeing decreasing unemployment and a rise in labor force participation he claims ohio fared better than most states in maintaining a strong labor force jared adler news radio six ten wtvn toymaker hasbro is trademarking the smell of plato the company announced this week of the us patent and trademark office has officially recognized the distinctive plato smell as a registered trademark of the brand hasbro described the smell as sweet slightly musky vanilla like fragrance with slight overtones of cherry and the natural smell of a salted week based dough the senior vice president of global marketing for the plato brand says it trademarking the iconic sent will help protect the brand for years to come plato i hit the stores back in nineteen fifty six your abc six i warning weather forecast sun.
"three billion dollars" Discussed on KQED Radio
"To those global policies a us trade delegation has been in china this week to talk about the threat of tariffs on both sides people in the import and export business are especially vulnerable a lot of them have been gathering in southern china for one of the world's largest trade fairs marketplace's china correspondent jennifer pack was there and she joins us now it's good to have you back thanks for having me for for everyone who is not following this moment by moment reminding where we are in this back and forth over trade between china and the us right well the us has imposed a twenty five percent tariff on steel ten percent tariff on aluminum imports and those are mainly seem to be targeting china so in response chinese officials have imposed their own tariffs on american citrus fruits pork wind nuts in total where three billion dollars of products now the us then followed up with threats of more tariffs on one hundred and fifty billion dollars worth of items from china china has then promised it will respond in equal measure although none of these have been imposed yet so it becomes sort of a guessing game which products are going to be hit next well what is it like to be a manufacturer in china right now it's full of uncertainty a lot of the manufacturers i spoke to at first they tried to put on a brave face they said all the impact is going to be minimal or it's not something they can really worry about but there are some real practical reasons because people in china cannot elect their top leaders so sometimes they can get in trouble for just seeming like they're criticizing what the government is doing however after some prodding i did get one tv manufacturer to admit that he feels helpless and this includes also manufacturers who are not directly affected or targeted by the tariffs because they're worried that the trade friction could increase the cost of raw materials and also to make the us dollar weaker now this is something that have really really made business really hard on these manufacturers because the us dollar has been down ten percent against the chinese yuan over.
"three billion dollars" Discussed on WJR 760
"A twenty three billion dollar deal to by their rival end ever which will make them absolutely the world's top fuel exporter they'll make them the top refinery company in america and i'm wondering what will this mean for findlay ohio toledo ohio and detroit michigan well paul all three are gonna be very important to the future of the company has been decided we will maintain the headquarters of the company infantry ohio of course you'll having the largest refiner now you know one of the largest if not the largest companies in the state of ohio located in suddenly is is gonna be very strong for the community we have a number of employees that you know live up i seventy five even have employees that live all the way in michigan that drive down to san louis so it's it's going to be important for you know all of the communities in and around finley something very important for the detroit airport that is the main hub that we fly boys in and out and you know what we now will be going to the west coast with refineries and la san francisco and of course washington el paso texas so what we won't be having a lot of travel so it's gonna mean you know additional business for everyone up and down i seventy five well as one analyst said this creates one coast to coast boarded aboard refining and marketing company that seems wellbalanced with a pretty broad footprint and stockholders stockholders do as soon as i saw that you were spending twenty three billion dollars out of the checkbook the stock went down a little bit the end ever stock endeavor stock went up and i suspect this can only meet good positive things in the long run for marathon so congratulations to you well thank you paul you're you're right always in an acquisition uh doc will take a bit of a bump on on the first few days but in all the meetings the fundamentals the financial side we've had a very very positive remarks from everyone we've met with heading to boston later this morning.
"three billion dollars" Discussed on News-Talk 1400 The Patriot
"So he has an the braun runs and is the ceo of an auto distribution parts business so he's not super super wealthy but he has enough money to spend a lot of it on on the campaign i think it's several million dollars to two or three billion dollars perhaps so he's he's been able to outspend the competition one of the bigger surprises is that the two congressmen haven't been able to raise a whole lot of money that's actually something of a trend this year that a lot of really well regarded republican candidates for the senate haven't been able to raise on around a whole lot of campaign cash so brian has been able to spend more money than the field because of his own personal wealth but he's not you know just as he's he's like you know indiana wealthy what are the other two guys relative indiana wealthy i haven't spent a i don't believe they spent any any any of their own money on the race luke messer who's the congressman from mike pence is old house seat he was seen sort of the early front runner in the race because he has ties much daniels he has ties to the vice president but he he's someone who actually moved to dc when he became a congressman and that's been one of his biggest vulnerabilities in the race he's seen as someone who kind of isn't as close to the voters in indiana as he is to the interest in washington and that's one of the reasons why the guy who was once the front runner is now pulling in third place in that race now now in terms of the official republican party you expect dj t to get involved you expect the interest to stay on the sidelines because obviously donald is vulnerable and they got to get the best candidate to go against them we can't i don't know who that is but are they going to make their tip their hand one way or the other.
"three billion dollars" Discussed on WGIR-AM
"Over three billion dollars in assets it provides financial services to more than two hundred and thirty thousand members a member owned not for profit the credit union provides products and services at thirty 34 walk and locations throughout new hampshire with a total fifty across the united states and on military installations in germany learn more at service see you dot org join the hampshire today with jack heath on wednesday march twenty second as we open our airways to the generosity of our local community and raise funds to support veterans count and the people who served our country what's going on rock and roll fans at you powerball freak free you think he wanted to back in time that this week in rock and roll history starting in nineteen seventy led zeppelin plaguing copenhagen as the knobs after yvonne zeppelin a relative of the airship designer threatens to sue if the family name is used in denmark nineteen 75 blood on the tracks by bob dylan hits number one on the album short where it's days for two weeks featuring tracks like shelter from the storm and tangled up in blue and also as week can nineteen 75 at the grammy awards paul mccartney winds for best pop vocal to a band on the line move there's a look back at this week's rock almanac although boom boom boom boom ubuntu glad you're with us so it's so bad that they release the schiff memo on a saturday which is something that would rarely happen maybe ship would expire well we had to know they didn't have to as far as i have heard uh but here's the interesting part the house of representatives permanent select select committee on intelligence actually decided that they were going to take this head on and they actually took piece by piece in the ship memo and actually ran with it and countered it with what is accurate and true for example the democratic shift memo says well christopher steals raw intelligence reporting did not inform the fbi's decision inform the fbi's decision to initiate counterintelligence investigation and as the.
"three billion dollars" Discussed on WRVA
"Public health declaration was passed several opportunities have come and gone to ask for congress for a supplemental appropriation man what about what happened what about the budget deal that we're working on now rolfast is there funding included in that yes potentially three billion dollars a year uh for the next two years which is money that would be sent out to the state of hopefully go the belief that we read this money would be sent to the states in isale each state could focus on an area that they believe is um most efficient for them the problem in california is not the same as the problem in virginia is not the same as the problem in texas well three billion a year that's not chop jane so at least they're not something to work with maybe that's a hopeful point we can end the conversation on and of course andrew we'll talk to you again andrew kessler a drug policy expert and the founder of slingshot solutions and an expert on the opioid uh issue that is ravaging the country we appreciate you joining us here in richmond's morning news grabbing me i appreciate it thank you seven thirteen here on this thursday we do want to get trap it could weather together here on news radio w r v a one of the roads like let's go to the big oh tires traffic center lucent reported for airport drive near audubon dr staples build near wester glitch elkhart rid of providence road stalled vehicle jeff davis at bills road all cleared 95 295 sixty four same for chipping 'em to 88 than the downtown expressway with traffic updates every ten minutes on the tens all morning logging next traffic update at seven twenty of richmond's news weather and traffic station newsradio eleven forty w r v a and now a ninety six point one fm this report is brought to you by create tv if you love lifestyle television you need to watch create tv and enter the create cooking shall be 18 you could be greed tvs newest video start with your own web series and create tvcom visit create tvcom slash challenge to enter the contest gave you see.
"three billion dollars" Discussed on KQED Radio
"Had pledged three billion dollars riches find for a small vulnerable nations should draw on as they try to adapt to climate change and trump has said that he won't put another sent into that find and the negotiating team is taking a hard line on it and so that's not been wellreceived as you can imagine by other negotiators and it seen as america reneged on its promises so in those negotiations the us has lost most of its credibility and it's being seen as obstructionist uh uh uh katie will come reaction has you will still gives from getting from every one of bonn ignored from what i'm hearing at the negotiators at the table people are being fairly gentle with them in general because these are career diplomats things light change this week because this is the week when the political people arrived high level ministers and the negotiating starts in earnest and depending on what the administration says in the full plenary the gloves may come off political would hit mahfoud's right exactly duty were reporting from the un climate summit in bonn here's another genome is taking place in germany but it's being led by the government of fiji island in the pacific they've got a lot at stake it could be wiped out by rising seas and more intense storms and its role in bonn is meant to convey a sense of urgency to the summit delegates we wanted to hear how ordinary fijians feel about the threat to their country and about their moment in the international spotlight so he sent reporter sonia nahran to the capital city of suva to hear some voices i'm marie in a level i'm from taveuni island this is really a big opportunity to showcase to the will the reality that we are experiencing right now in fiji being at the frontline of for climate change any increase to the temperature will be catastrophic for the pacific so it's very much a big moment for us my moves mullah malang i'm from the western side of the main island low fiji which is struggling with it's where the.
"three billion dollars" Discussed on News/Talk 710 KNUS
"Hundred three billion dollars in income taxes by contrast in 2014 these taxpayers paid seven hundred billion dollars in income taxes sixteen percent more than 2013 moreover their share of the income tax burden increase from fifty two percent of total income taxes paid in 2013 native refundable tax credits to fifty five percent in 20 fourteen in short high income tax payers earned twenty eight percent of total adjusted gross income in 2014 well paying fifty five percent of the entire income tax burden by contrast the remaining one hundred four thirty five million taxpayers command seventy two percent of the nation's income but paid a combined total of forty five percent of all income taxes so twenty eight percent of total adjusted gross income in 2014 was paid by high income tax payers there was earned by highincome taxpayers well they paid fifty five percent of the tax burden you hear the claim consistently of the left economic inequality is expanding and i understand that you see the data but so is the tax burden taxpayers earning above two hundred fifty thousand dollars paid fifty five percent of the entire income tax burden and they earned twenty eight percent of total adjusted gross income so to be honest when you are bearing that brunt of the tax burden i don't really have a problem with you getting a tax break in the end but the reality is that we're talking about a complex tax code where if you work to simplify get rid of the vast majority of the doctrines get rid of all sorts of loopholes and so forth and then reduced the rates from seven to three depending on where those brackets come out and your income level some of you may we see an increase in the amount of tax you pay some may see a reduction in it just comes out on the wash you pay about the same that's what comprehensive reform does its comprehensive it's across the board and the thing is that if necessary there's a reason why had happened in eighty six and fifty four and twenty two.
"three billion dollars" Discussed on KBNP AM 1410
"And if you don't like their comment you know who to call its gene steinberg at tech night all live well know who you're gonna call dr mack no yes yes this guy is dr mack said used by the way folks let me tell you we have a special version of the show that that we want you to listen to because it's commercial free and people talk about all those ads while we have a way to get rid of those things it's called tech night out plus go the plus p l u s dot tech night alcom and what happens there is all you have to do is subscribed for low subscription rate and give special version of the show that's it a cool we have bob dr maqlid vitus than were kinda keep it seen here we were talking about iowa's eleven and we're talking about the fact that gugel writes a cheque for three billion dollars to apple and the reason they do that has to get the default search spot on safari for ios and of course for safari for mac os and this is important because only a small number of people every changed the false on their computers or their gear me i'm with android behalf too because it's pretty messy you get from the store because you've got on a chunk wear on sam sung devices i'm ben serious here by knows this i know i am okay i know you are i just think it's funny well it's not funny if you have to put up with that nonsense okay i guess i wouldn't know uh i'm not an android person nor amaya windows user you know it would so i'm i'm firmly entrenched in the apple ecosystems he said the point being mayor who would say i'm i'm held prisoner in the apple ecosystems as the case may be while he writes books but then if he was using windows he'd right windows books you know it's your an author you're right you know what you get.