35 Burst results for "Three Billion Dollars"

Residential building giant posts surprising 3rd-quarter profits

MarketFoolery

02:34 min | Last week

Residential building giant posts surprising 3rd-quarter profits

"Going to start today with homebuilding Lenore corpse third quarter profits came in solidly higher than Wall Street was expecting I know shares are down a little bit but. I don't know Jason I mean Lavar gross margins are improving and the low interest rate environment certainly helps. Yeah it's absolutely helping and I mean we we've certainly seen signs that the housing market is not not only stable but really flourishing, which is kind of interesting to try to square in this in this. Time but but hey, that's that's housing right? It's it's one of those things that everybody needs. These results I was really impressed earnings were up thirty three percent on relatively flat revenue I. Mean Anytime you have a company that can do that I mean you got at least take note and try to figure out what they're doing to see if they can't. Keep on doing it. If you look at the numbers that deliveries of thirteen thousand, eight, hundred, forty tunes that was up just two percent they new orders. Of a little bit better than fifteen, thousand, five, hundred homes that was up sixteen percent. Dollar value of six point, three, billion dollars was up twenty percent and also a strong backlog backlog dollar value of close to eight billion dollars up four percent, and so all in all, what we're seeing what management noted is that the fundamentals in the housing market are very strong in that supported, of course, by record low interest rates. As, well, as a relatively undersupply, relatively continued undersupply of new and existing homes. You know anecdotally I will say like we're in the middle of refinancing our home here and you know what comes with refinancing a home as you get the appraisal to make sure that the value the home is, is there so that the bank and can? Crunch the numbers correctly in in certainly if it seems like valuations in our area are continuing to go up and I would imagine. They're seeing seeing that in a lot of places and then it'll be really interesting to see here as. The pandemic continues as companies start to reassess how they. are handling their workforce I. Mean If more folks start fleeing big cities for suburbia that absolutely has the potential to continue pushing up the demand for for these homes, which ultimately pushes up the prices put pushes up the. Performance for companies like Lenore, in being the largest home builder out there by revenue I mean certainly this another quarter of excellent.

Lenore Jason
Biden's Agenda for the Black Community with Mayor Stephanie Rawlings-Blake

The Electorette Podcast

05:25 min | Last week

Biden's Agenda for the Black Community with Mayor Stephanie Rawlings-Blake

"I'm Jim Taylor skinner, and this is the electorate. On this episode. A have a conversation with Mayor Stephanie, Rawlings Bleak Mayor Rawlings Blake served as the forty ninth mayor of Baltimore as she joins me to discuss Biden's agenda for the black community. Now, if you haven't taken a look at Biden's agenda for the black community, you WanNa hear this conversation we discuss this plans to close disparities in homeownership rates within the black community his plans to help close the wealth gap the expansion of the affordable care act and has extensive criminal justice reform plans including employing the Department of Justice to address police accountability, decriminalizing the use of canvas and the automatic expunge -ment of all cannabis use convictions. So. Here's my conversation with Mayor Stephanie Rawlings Blake Mayor Rawlings Blake. Welcome to the PODCAST. So I WANNA talk about Biden's agenda for the black community because I was reading through that and I don't think in my lifetime that I've seen or proposal that's this extensive and targeted towards the black community and I wanted to be fair. So I looked through some other past presidential platforms and a lot of them aren't really archived. You know how he crafted this or you know, did he have help from outside organization or WHO's influencing him on this? The vice principal former Vice President Biden has a theory broad group of. Individuals who have been advising him and who care a lot about making sure that the the Democratic Party is right by a black people as well as he does right by black people when he is very hopefully elected NFC among about. Today's that's right. It's like fifty days or something I think with just kind of makes me nervous nervous excited both at the same time. And he's got economists that have been advising him as well as advocates and I think when you take a look at the plan many aspects of the plan, you see their their fingerprints on it that this is not for show. This is not something that is decorative on a on a website. This is something then can be implemented and we'll have a real impact on our community. Absolutely. Right. I agree with that and when I was just looking at the wording and some of the things that he hits on. Pretty. Deep right in an isn't something I would expect it to see us on the democratic side. You wouldn't see it on the Republican side even on the Democratic side, you know five or ten years ago. So that's something. Yeah. I WANNA go really deeply into every policy proposal, but there are few that I want to hit on some pressings. Building Wealth no health care and criminal justice reform. But. I WANNA start with building wealth because one of the things that he proposes is doubling the funding for the State Small Business Credit Initiative which doubling that to three billion dollars to assist small businesses and targeting specifically people of Color. You don't WanNa talk about the fact that you know that that's great but you know black people I think in the group of people of Color by people are thinker are usually at the bottom in terms of getting capital access to capital for building small businesses because there are other bias and other limitations that we face, we try to start small business you know. So have you actually address that those unique barriers to black people getting capital in starting small businesses? The first thing you do to address the barrier is acknowledged I can't tell you optus pointed I've been to hear our current president deny ignore the disparities that exist or by people in our country as when you start off ahead in the game and you have someone's willing to name it. And to a work to address it in also wanted to bring to your attention. It's not just the the the money for small businesses Biden Harris. Focused on African American women business owners specifically because as you know a, we are the majority of the businesses offices that are being created in the NBA minority community are African American women see address s like I said at first by identifying them and second step by step I I know there's going to need to be mentors are business mentors that are working to help these these small businesses achieve and when you have an administration that is sensitive, you'll be able to do what was done under the Obama Administration where there was a lot of support event to two businesses. You know a lot of those sports have been ripped up by the current administration so A. Definitely identifying the issues and pudding supports in place to close some of those gaps are the essential you're right. So we have to recover from the damage has been done from the current administration, but then you know things like this policies like this have to account for the fact that we're pandemic. I'm a lot of the businesses that by people have owned have probably been hit in hurt quite. A bit. So that's another place to start. Definitely I. Mean I think one of the things you you will hear a line that I've heard a lot. It's not. We're not trying to go back to where we were. You know this is about ripping up be You know the race face inequities that impact the black community across the board and making sure that we are not ignoring you. Know, the problems you've seen,

Black Community Biden Harris Stephanie Rawlings Rawlings Blake Democratic Party Jim Taylor Skinner Baltimore Department Of Justice Cannabis Optus Broad Group NBA Obama Administration NFC Vice President Principal President Trump
AstraZeneca pauses coronavirus vaccine trial, shares slip on rollout doubts

Marketplace Morning Report with David Brancaccio

00:39 sec | 2 weeks ago

AstraZeneca pauses coronavirus vaccine trial, shares slip on rollout doubts

"No Work? No pay no food coronavirus lockdowns have forced many people all over the world to wonder where their next meal's will come from according to Matthew True. Scott Oxfam International's head of Humanitarian Policy About one hundred and twenty one million people have been pushed to the edge of starvation. This year not of course is across the main hotspots you would expect Yemen Democratic Republic of Congo of Gunston Venezuela, south. Sudan we're also seeing hunger coming up in otherwise middle income or developing countries. India South Africa Brazil CETERA. Look at a situation in the world where you have about sixty sixty, one percent working in the informal economy when that denied that daily income forced to stay at home they no longer get that income and that forces them into some of the negative coping strategies and that's what makes this crisis so unique. People. Couldn't travel to work which meant they couldn't make money and they couldn't buy food but this isn't just a short term problem. Is it Yeah and it has sort of long term impacts where, for instance, if you take people who are living day to day selling milk, if they can't sell milk for a few days, it gets point whether then have to do something to have food and income then have to sell their means of income. So selling the cow which had been providing them and then conquered back to generate income and same happens instead of urban areas where people who had been, for instance, taxi drivers after. So long of not being able to take fares and give taxi rights eventually then have to start selling off assets to cope and that's where we're really. Seeing potential long-term structural breakdown, and as you say, this is a problem that existed before the pandemic. So how do we tackle it this time around does it require new solutions? It does with sort of proposing three solutions. The I of course is that we need to increase humanitarian aid drastically the U. N. Global Humanitarian Appeal has called for about ten point, three billion dollars in humanitarian aid. But only about twenty, four percent of that is funded. So less than a quarter, the second thing that we can do is cancelled some of the debt that could free up up to a trillion dollars, and then of course, the final thing is. Exactly, as you say, we do need to change how system works. We need to build a more fair and more robust food system. We need to build a system that's ready to deal with the climate shocks that's able to produce sustainable food. One that supports a small-scale Farmers Informal Workers, Matthew Scott head of humanitarian policy at Oxfam International. Thanks for your time. Thank you so much

Humanitarian Policy Scott Oxfam International U. N. Global Humanitarian Appe Matthew True Farmers Informal Workers Gunston Venezuela Oxfam International Democratic Republic Of Congo Matthew Scott Sudan India Yemen
Jfrog and Sumologic Set Initial IPO Prices Amidst Wave of Interesting Private Rounds

Equity

01:17 min | 2 weeks ago

Jfrog and Sumologic Set Initial IPO Prices Amidst Wave of Interesting Private Rounds

"There are new IPO filings from both Jay, frog and sumo logic to companies that filed in that great IPO wave of a few weeks back we have been tracking both companies impending debuts because we care a lot about them, their software companies, it's been venture capital money at play that puts them right in the very middle of what we care about here at tech rudge. So the news. To s a filings when it comes to developer focus J. Franck, it is going to target thirty seven dollars per share at the top end according to this initial range, of course, and could raise as much as four, hundred, ninety, two point, two, million dollars, and we did some very. Rough math this morning. So you know have the jobs. So in fact, check us but we believe could be worth as much as three point three, billion dollars at three seven dollars per share it not counting select shares reserved for its underwriting banks. Turned into sumo logic it will target twenty one dollars per share for an IPO that could be worth three, hundred, Fifty, seven, point, four, million. That's how much could raise in the debut and if you do all the math. It could be worth two point, one billion dollars again, not counting shares reserved for underwriters more of both of those to come on the site of course, but it's great to see those ideas moving forward making stores markets. It means we're not going to be bored for weeks. There's GonNa, be lots to talk about. So get excited

Sumo Logic JAY J. Franck Developer
Finally, Airlines are Dropping Change Fees

Business Wars Daily

03:52 min | 3 weeks ago

Finally, Airlines are Dropping Change Fees

"Wars daily on this September fourth. Happy Friday friends and happy. Labor. Day. Weekend. Labor, day, marks the end of summer for many of us an occasion for one last Hurrah barbecues pool parties in one last long weekend vacation perhaps this year well, most of us are staying home and the airlines have absolutely nothing to celebrate. Passenger levels are down seventy percent from a year ago, according to figures from the Transportation Security Administration looking financial disaster in the face, the airlines are trying to woo travelers back given the safety concerns that's proving difficult. So on Monday, United Airline CEO Scott Kirby took a startling and many would say welcome step here he is in a video announcement. Permanently getting rid of change vs on standard economy and premium tickets for travel within the US. Changes inevitable these days, but it's how we respond to change. That matters most. We hear from customers about where we can improve getting rid of this feat is often offered West and for good reason until now it could set you back two hundred to five hundred dollars to change a flight on one of the Big Three Airlines, United Delta or American sometimes that fee was more than the cost the original ticket simply the existence of that fee put all three airlines at a competitive disadvantage. To Southwest Airlines, which proudly boasts that it has never charge change fees or baggage fees, either which is another story well, now, non of the other airlines will either at least for domestic flights about twenty four hours after Kirby went public. American Airlines and Delta followed suit and canceled their domestic change fees as the Wall Street reports American went even further canceling their change fees for international flights to Canada Mexico, and the. Caribbean. Now, the question is, what will it cost them? US carriers earned close to three billion dollars from changing cancellation fees in two thousand, nineteen according to the US Transportation Department. All three major airlines in hefty amounts of money. American was I with more than eight, hundred, million dollars coming from vs Delta was close behind united took in more than six hundred, million dollars one might imagine that it could be hard for. The airlines to give up these fees after all about fifteen percent of their revenues come from the fact did travelers changed their minds united is burning through about forty million dollars a day and could cut up to thirty six thousand jobs by October first that according to CNBC. So you might think that every possible penny counts but if no one traveling anyway, well, it's

American Airlines United Delta Southwest Airlines Scott Kirby United States Transportation Security Admini United Airline Us Transportation Department Caribbean Cnbc CEO Canada Mexico
BTS become 1st S. Korean artists to top Billboard Hot 100 with new song 'Dynamite'

Marketplace with Kai Ryssdal

01:53 min | 3 weeks ago

BTS become 1st S. Korean artists to top Billboard Hot 100 with new song 'Dynamite'

"A global phenomenon that has just at the top of the billboard hot one, hundred charts. Korean pop K pop isn't new though just new to the top of the American charts worldwide it is a multibillion dollar industry marketplace Jasmine gars reports. And with that Korean, boy band bts knocked Cardi B. and Megan the stallion off from their perch at the top of the billboard hot one hundred it's the first time a K pop song takes number one keep up has been taking over the world for a long time remember. The growth is no coincidence. The Korean government has been aggressively exporting culture for decades as an economic strategy whether it's soap operas film or Tape Hop Professor Young to real at the University of Michigan says the Korean economy is very much excavate economy since the nineteen sixties and culture is for the hot item of the twenty th century in two thousand nineteen report the Korean Ministry of Culture Sports and Tourism said the country exported six point three, billion dollars worth of cultural content about. Five billion of that is the Music Jeff Benjamin writes about K pop for billboard. He says, you can hear it in the music it's made for export. Almost every K pop group has a singer has a rapper has a main dancer. They really try to make sure that all areas of pop music are hit within one song. Also, it's bt his first song entirely in English, which makes it Super Stream -able and music business getting almost all its revenue from online platforms. That's what counts. With all the K, awesome Bob News who doesn't need a little Cape Pop dynamite in their lives I'm Jasmine Guard for marketplace.

Korean Ministry Of Culture Spo Cape Pop Korean Government Jasmine Gars Jasmine Guard Cardi B. Jeff Benjamin University Of Michigan Megan Bob News Professor
Work Management App Asana Files for IPO as Productivity Tools Soar

Business Wars Daily

04:10 min | 3 weeks ago

Work Management App Asana Files for IPO as Productivity Tools Soar

"If ever. There was a word that became a cliche overnight. It's the word unprecedented for a second allow me to stop bullying. Swamp when it comes to work life we're in unprecedented times there we have it. Millions of us are still working from home making managing projects and teams more challenging than ever before we can't just pop in Dave's cubicle and say, Hey, you finish that code yet. Even. Before the pandemic productivity in project management tools were on the rise because nineteen is caused some tools particularly those intended for teams to skyrocket. Soaring sales prompted at least one such business san-francisco-based Asana to file for an initial public offering. Asana is a work collaboration APP in a world filled with productivity tools designed to help overwork professionals hold chaos at bay. It was founded in two thousand eight by Justin Moskovitz, the much lesser known multi-billionaire co founder of facebook while at Facebook Moskovitz, and his co founder Justin Rosenstein were struck by how much time people spent doing what they call work about work. That's the mind numbing minutiae of organizing how things get done keeping track of work communicating about it an answering email about who's doing what when Asana claims that knowledge workers spend a full sixty percent of their time performing work about work rather than actually getting things done. It's an Rosenstein started. Asana. With the intention to fix that nagging problem by the way Rosensteins name sounds familiar. He's known as the guy who invented facebook's like button. Today is used by more than a million people worldwide at more than seventy five thousand companies. High profile customers include a t and t google and NASA according to Forbes Asana has been focused on growth. It took in one hundred and forty million dollars in sales last year up ninety percent over two thousand, eighteen from this February through April revenue shot even higher in its most recent fundraiser. The company was valued at one and a half billion dollars and yet. Asana is still losing money last year it lost one hundred and twenty million dollars. Those losses continue to mount as Asana plows money into growing sales. Still a little thing like earnings isn't holding it back from the stock market last week. Asana. Filed Paperwork with the SEC for an IPO in the New York Stock Exchange according to Forbes Moskovitz who has pledged to give his wealth away is taking the company. Public in order to reward employees. Asana, named for the yoga term is famous for the Mindful Corporate Culture Moskovitz is said to have built. If the CEO seems unfazed by Losses Moskovitz is also not letting competition hold him back from going Public Asana faces rivals wherever it turns there's the three billion dollar start up Monday dot COM two, billion dollar company notion and smart sheet recently valued at almost six billion dollars. Last week while the introverted Moskovitz was fending off interview requests about the IPO smart sheet was making news of its own the Bellevue Washington company made a one hundred, fifty, five, million dollar deal to acquire brand folder a Denver start up that manages digital assets in other words content like photos, videos, and graphics because a big part of producing content his guess what about work tackling content management is a way for smart sheet to grow. It's already large footprint. SMART sheets deal signals. What could be ahead for any work collaboration company that is they won't be satisfied with only helping US plan our way out of a paper bag like smart sheets, they could begin to acquire businesses that also store move and find all that content that no matter how hard some of his tribe gets lost anyway. As the culture continues to shift at lightning speed and we all continue to figure out how best to be productive from home. Our ways of working are almost certain to evolve work management. APPS. Like Asana will surely evolve within amidst all this uncertainty. One thing is certain. There will be a lot of money made by companies helping us all figure out how to get things done.

Justin Rosenstein Justin Moskovitz Facebook Facebook Moskovitz Co Founder Losses Moskovitz Forbes Moskovitz Google Dave United States SEC Forbes Nasa CEO New York Denver Bellevue Washington
Tesla Rivals are Moving Into High Gear -- and Going Public

Business Wars Daily

05:29 min | Last month

Tesla Rivals are Moving Into High Gear -- and Going Public

"From wondering I'm Elaine Appleton grant and this is business words daily on this Wednesday August Nineteenth David Brown's on vacation. Tesla has long had an image of being in both good and less good ways without comparison. CEO? Elon Musk stands out for his big vision and sometimes quirky behavior, and until now anyway, Tesla's all electric vehicles have stood head and shoulders above the competition coming from traditional automakers. Competition what competition I can almost imagine musk saying. Oh, but there is plenty coming tesla shares soared two, hundred, fifty percent this year. The company is now the most valuable automaker in the world according to. CNN. That's because Tesla which went public ten years ago is finally profitable. Tesla had a record twenty nineteen in posted its first annual profit last year despite the pandemic it's been profitable this year as well and that kind of performance and the stock market's reward for it is convincing more and more electric vehicle makers to go public and to try to woo customers away from Tesla last week, Ohio Electric Startup, Lordstown Motors Corporation, or L. M. C. said, it plans to go public by the end of the year. It's ticker symbol ride. If the deal goes through, the company will be valued at close to one point five, billion dollars. So who is Lordstown Motors to burst on the scene this way? L. LLC is a spinoff of another electric truckmaker called Workhorse. GROUP LORDS DOWN CEO Steve Burns is the former CEO of workhorse with LLC Burns resurrecting a project that we're course didn't have the money to do the company plans to release an all electric full-size pickup truck the Lordstown endurance in the second half of twenty twenty one that's according to journalist Alan. Adler, writing for trade publication freight waves. The truck will have a range of about two hundred fifty miles on a charge the same as Tesla's sci-fi looking cyber truck it'll toes seventy five hundred pounds alums. He says again, just like the chuck, the endurance will start at fifty two thousand dollars a good deal more than the cyber forty thousand dollar base price. But UNLIKE TESLA LLC plans to sell the endurance to commercial customers buying fleets of trucks since revealing the prototype on June twenty-fifth Ellen Mc says it's received more than twenty seven, thousand pre orders. That's one point four, billion dollars worth of trucks. NCO Burns says its first years worth of trucks are now sold out. That is if it can raise the money, it needs to actually make them l.. AMC. Bought the Lordstown Ohio GM plant that shutdown last year when GM killed the last Chevy Cruz that six million square foot plant needs retooling, which is costly MC plans to raise about six hundred and seventy five million dollars through its IPO. That boatload of cash could help it come through on its boast to be first to market among a group of EV pickup truck competitors in addition to Tesla that group includes Ford GM Nikola and Arabian a company backed by Ford and Amazon. So, here's the obvious L.. He doesn't yet have a product just a prototype if you're wondering how the young startup can go public without a product you should be. L. EMC is one of a handful of electric vehicle makers employing what's called a reverse merger that means the company that plans to make a product like LLC hooks up with the so-called blank check business. It's also called a special purpose acquisition company. SPAC. Is doing the reverse merger with a blank check company called Diamond Peak Holdings. Diamond peak is already publicly traded that means when the merger occurs. LLC. MC becomes public sort of like easing into a coat someone else has been wearing. This back door IPO method is easier for companies to do. They don't have to produce expensive roadshow's. Also, avoid a great deal of financial scrutiny by the SEC. One of the most famous reverse murders was Richard Branson's space company Virgin Galactic, Holdings and Fantasy Sports Company draftkings went public in a three billion dollar reverse merger. Last year according to the A. Times. The number of reverse mergers hit a record high last year. That's because the IPO market was volatile and high profile IPO's like Uber Fared. Poorly. It ain't cheap to build a new car company but Tesla's successes inspiring other entrepreneurs to try and they need oodles of money that helps to explain why another electric truckmaker nickel motors used a reverse merger to go public in June and vehicle-maker. FISKER has a reverse merger in the works. The is green truckmakers may see these back door IPO's as the speediest way to raise the cash needed to fight he'll in musk and rapidly launched their new products. Tesla's promising to deliver the cyber took by late twenty, twenty one which means that the deadline to beat yes. It may be tough to knock Tesla on it's pedestal, but LLC and a raft arrivals are sure going to try.

Tesla Tesla Llc Elon Musk Ellen Mc CEO GM Ohio Adler Diamond Peak Holdings Lordstown Motors Elaine Appleton Nco Burns CNN Llc Burns Lordstown Motors Corporation Steve Burns David Brown L. Llc AMC
Why Pros Can't Beat the Market, but You Can by Chris Reining

Optimal Finance Daily

04:54 min | Last month

Why Pros Can't Beat the Market, but You Can by Chris Reining

"Why pros can't beat the market, but you can buy Chris rining of Chris. rining. Dot Com. A small part of my investment portfolio is an index fund tracking the market, and apparently I'm not alone over the past few years. Trillions of dollars have flowed into index funds as people realize highly paid professional money managers seldom beat the market. Bill. Man after spending eight years running active funds explained why that's a difficult task. Quote Fund, managers are under pressure to be predictable by showing low tracking error, which essentially means funds have to try to beat their benchmarks while tracking their benchmarks closely. Does that remotely make sense? End Quote? To say that another way fund managers become closet indexes. For instance, if they say they're benchmark is the S. and P. Five hundred they need to assemble a portfolio of stocks that closely resembles the S. and P. Five hundred because if they're fund underperforms its benchmark investors pull their money out. And that's the game fund managers are playing to attract and keep the most money because fees are percentage based the fund with ten billion dollars under management rakes in more than the three billion dollar one. But. Here's what took me years to realize saying that professional money managers can't beat the market has. Nothing to do with what you can or can't do please listen to that again. Here's why small-time investors like you and me have an enormous advantage over any professional. One you're a speedboat there a battleship. You're investing small amounts of money, not many hundreds of millions or billions. What do you think happens when a fund manager finds an underpriced stock and starts buying millions worth it causes the price to go up and there goes the advantage. To No one's looking over your shoulder. Fund managers have bosses breathing down their neck making sure they're tracking their benchmarked prevent withdrawals. It's the old nobody ever got fired for investing in IBM, or now Apple Syndrome. It's very hard to get market beating results when you're forced to invest conventionally. Three you didn't study investing. The SMART, people with Mba's who study modern portfolio theory and understand those squiggly lines on technical charts have been conditioned to believe investing can be broken down into some science like engineering or physics. So neat and tidy. nope. It can't markets involve messy people. Anyone can pick stocks trying to beat the market that doesn't mean everyone should stocks take a certain set that outlined before in my blog and it helps to have help which is why I use Motley fool stock advisor. Speaking of them, there's no question there. Stock Picking Methods beats the market because they're picking better than average docs from their website as of today five return up sixty percent S. and P. Five, hundred up thirty seven, percent seventeen year return up three hundred, eighty, two percent S&P Five, hundred up ninety, one percent over the past five years they've eaten the market by twenty, three percent. And so if you're interested in picking stocks, it might be as simple as buying and holding their latest recommendations for years to come sure you'll get some picks wrong and that's okay. The idea is your winners will more than make up for the losers and I know because I've picked some duds but my returns still beat the market. This is similar to how Jeff bezos thanks. Quote we've made doozy's like the fire phone and many other things that just didn't work out. We don't have enough time to list all of our field experiments, but the big winners pay for thousands of field experiments and quote. anyways, one of the most phenomenal small-time investors I know is Saul. Rosenthal. He's been compounding money at thirty percent or so for thirty some years but also works harder at it than anyone. He currently owns nine stocks only his very best ideas and always thinks deeply about them trying to find his blind spots. You might think having your life savings in nine stocks is nuts but I've learned it's better to have a small portfolio where you know a lot about a few companies than some gigantic portfolio were you know little about lots? I've trimmed my portfolio to fifteen stocks and at index fund it feels good of course, running a concentrated portfolio like that takes more work when all your eggs are in one basket, you watch that basket. But if you find the work enjoyable like it's a game for you, the results can be life changing. Does all this make sense I bet you'll always hear things like if professional money managers can't beat the market with their huge budgets and computing resources then neither can you Again just because they can't beat the market has absolutely nothing to do with what you can or can't do value investor monae per Bri. said it best quote investing is a peculiar business. The larger one gets the worst one is likely to do. So this is a field where the individual investor has a huge leg up on the professionals and large investors and quote.

Fund Manager Saul Chris Rining Jeff Bezos MBA IBM Advisor Bri. Rosenthal
Delta CEOs Letter on the Future

STRUCK: A Lightning Protection Podcast

03:03 min | Last month

Delta CEOs Letter on the Future

"Delta CEO at bastion just released a letter announcing some of their outlook going forward they just had a Let's off. You know period of laying off a lot of people. Also, they just had a bunch of employees except early retirement. So we'll chat about that a little bit and his outlook also interesting article I. The BBC on how jet planes are getting sent to bone yards essentially also a little bit of lightning strike news because we are a lightning i. Couple people injured at the DHL hub when lightning strikes Lightning struck a ramp. It sounds like so a couple of workers injured. We'll talk a little bit about that which apparently happens more than people realize. As, we get into our engineering segment we're a little bit about honeywell they're UV cabin disinfection system. It's really interesting how all the world is changing as far as cleanliness and disinfection, and obviously air aircraft is no different. We'll also talk about the avionics aircraft, which is a really fascinating looking vehicle with a tilt rotor. It's and they're developing guests that for the US Army, and then lastly, as we jumped to some electric the for Tilt Wing, even T. O. L. So. A lot of discussion on that really interesting design, very complex design. So Allen, let's start with news. We both just read ed bastion the Delta CEO's letter. What are some of your thoughts they gotta stop the cash poor and that's a that's a thought and Twenty twenty seven million down from a hundred, million poor per day, which is staggering three billion dollars a month they used their burning back in. April Yeesh. Wow. That's that's a lot of cash burn the. Industry in what Delta jetblue southwest American united or all trying to do is get to customer satisfaction numbers up so they can increase the ridership so they can fill some airplanes because I think the issue right now is consumer confidence. That the aircraft are in the airports themselves for that matter are clean and that they're taking precautions that were being told about every thirty seconds that That were maintaining social distance that were wiping down the airplanes, cleaning the airplanes and that everybody on the airplanes or were masks. At seems to be a very effective way of dealing with the the problem is is that. I think people are travelling at least I haven't seen any indication that There's been any sort of covid transmission via airline flights and we've been flying. We ain't never shut down the airlines they've been flying. Since this, all started. So we have several months of data and thousands of flights tens of thousands of flights at this point doesn't seem like there's a connection between Kobe transmissions and flying in airplanes that doesn't seem to be a

Lightning Delta Bastion CEO Twenty Twenty DHL Honeywell Us Army Kobe Allen T. O. L.
Columbia Sportswear's Gert Boyle Faced Down Sexism and Ageism

Business Wars Daily

04:29 min | Last month

Columbia Sportswear's Gert Boyle Faced Down Sexism and Ageism

"Boyle. Grew. Columbia sportswear into a downfield powerhouse is the third Nar five-part series on the origin stories of iconic companies. We originally aired this episode about boils legacy after she died last. November, let's listen back. She was one tough mother and proud of it. Gert Boyle, the ninety five year old Chairman of Columbia Sportswear died earlier this month since then accolades poured in for boil, she was a formidable funny icon of the outdoor apparel world notorious for her resilience and her toughness qualities that empowered her to guide Columbia from near bankruptcy in the early seventies to what the New York. Times. Now calls the largest outerwear brand in the United States, a three billion dollar business. Gert Boyle was born gertrude lamb from in Germany in one, thousand, nine, hundred, twenty, four, when she was thirteen, the family fled Nazi Germany moving to Portland Oregon there her father lamb from bought the Rosenfeld hat company worried about antisemitism. He changed the name to the Columbia hat company. Columbia evolved from hats to outdoor year including a fishing vest that Gert than a homemaker raising three kids designed. Gertz husband Neil Boyle eventually became CEO of the family business. But in nineteen seventy, the forty seven year, old leader suffered a fatal heart attack. Suddenly Gert found herself at the helm of an eight. Hundred Thousand Dollar Company. She had no idea how Neil had run it nor how she and her son twenty, one year old, Timothy would manage. As CEO of Columbia Gert frequently encountered sexism, but she always had an acerbic comeback as the new. York Times reported Gert recalled that a businessman upon learning. She was the president exclaimed, but you're a woman her answer. You know I noticed that when I got up this morning. Still, the combination of rampant sexism in her inexperience almost killed the company by Nineteen seventy-one. Gert. Agreed to entertain an offer to purchase it. But when the buyer a man offered, only fourteen hundred dollars she custom out and slammed the door in his face wrote Doug Schnitt span who profiled her for outside magazine. Gert said for fourteen hundred dollars. I would just as soon run this business into the ground myself that encounter galvanized Gruden Tim with a combination of unconventional strategies including being the first to use the waterproof fabric. GORTEX. They saved Colombia and set it on its growth path while all of their outdoor industry rivals including the north face in Patagonia. Marketed their wares to elite climbers and adventurers girding in Tim, we're happy to sell their products. Products at department stores at lower prices that strategy shocked the young industry and it worked so too did the Marketing Campaign Gert? Boyle is best known for the one that featured her as just what she was. One tough mother that campaign which ran from nineteen, eighty, four to two, thousand, five depicted gert down to earth mob oil. Now, take no nonsense mother who didn't suffer fools gladly, and who would allow nothing less than perfection A. A string of TV ads showed Gert using her son Tim as a product Tester to prove that they're outerwear was both warm and waterproof. In the first. She had tim dressed in Columbia's famous three layer system. Walk through a car wash. Her favorite one was one in which she drove a Zamboni on a hockey rink. Right over her long suffering son dressed in Columbia gear. Of course, he was lying the ice breathing through a straw. Straw apprentice out of the same era for the boundary peak parker quoted the Middle Aged Gert, saying I've got hot flashes to keep me warm. You'll need something that zips mob boils tough. Mother ads are credited with transforming a little known business into a household name inside the company. Her wit was also on display. She summed up her guidance for other leaders. This way early to bed early to rise work like hell and advertise. She might have added and work like hell. Until the day you die, she made it to the office on her ninety fifth birthday in March and was still having business discussions shortly before her death on November third according to outsides Schmidt's Pon. Gert Boyle will be remembered for many things among them, her belief which she shared often with younger women that a woman could do anything and also her conviction that older workers are assets in the workplace. Indeed, in her nineties, she wrote perhaps my presence in the office offers a message that managers liked to put older workers out to pasture. Out. To lunch.

Gert Boyle Columbia Columbia Gert Thousand Dollar Company Chairman Of Columbia Sportswea TIM CEO Boyle. United States Germany Neil York Times Doug Schnitt Portland Oregon Gertrude Lamb Gertz Hockey
Trump signs $3B-a-year plan to boost conservation, parks

AP News Radio

00:51 sec | Last month

Trump signs $3B-a-year plan to boost conservation, parks

"President trump signed a bill that devotes nearly three billion dollars a year to national parks and public lands for conservation and maintenance projects supporters say the great American outdoors act is the most significant conservation legislation enacted in nearly half a century opponents say the money isn't enough to cover maintenance backlogs but the bill passed overwhelmingly in Congress appealing to Democrats Republicans and president trump this is a very big deal and from an environmental standpoint and from just the beauty of our country standpoint there hasn't been anything like this since teddy Roosevelt I suspect president trump drew some criticism from the Democrats who crafted the bill for his environmental and public health roll backs that benefit the fuel industry Jackie Quinn Washington

Congress President Trump Teddy Roosevelt Jackie Quinn Washington
Brooks Brothers Bankruptcy: Nostalgia, Anger, and a Bidding War

Business Wars Daily

05:18 min | 2 months ago

Brooks Brothers Bankruptcy: Nostalgia, Anger, and a Bidding War

"The abandonment of the suit helps explain the struggles of one of America's most iconic fashion companies, brooks brothers, the two hundred two year old brand filed for bankruptcy protection on July eight sure blame cove nineteen, but now you'd be wrong. Suits with the three piece with Thai or skirts and high heels used to convey professionalism and competence, they served as symbols that you took your job seriously and respected your customers, the ones you were treating too expensive lunches, madman style, but even before the pandemic they'd become something of an anachronism. Most of us now see little to no relationship between the way we dress in our competence at work, think Mark Zuckerberg's hoodies. Indeed expensive suits can be viewed as a sign of elitism. Put it starkly. The corporate fashion code has gone by the wayside. Brooks brothers struggles represent a cultural shift, not just a Kobe tragedy. Brooks brothers famously dressed all but four presidents. It is the longest continuously operating fashion business in America and until this month it boasted about making its products in America the Brandon's three factories in the states in Massachusetts North, Carolina and New York. CEO Claude Delvecchio is planning to close those factories. We'll get to that in a minute. As you know, apparel sales have been decimated by pandemic closures in April nobody bought clothes whether from Brooks brothers or JC, Penney and other retail casualty, but did you know the actual numbers? Clothing sales fell almost ninety percent in April, according to retail dive, but brooks brothers began looking for a buyer about a year ago. The company operates five hundred stores two hundred of them in the US sales have been flat at about a billion dollars a year since twenty, seventeen, prior to the pandemic bankers estimated the company's value at three hundred to three hundred fifty million dollars. Figure Delvecchio disputed. As, I mentioned the company intends to close its three US factories later this month in the gritty industrial town of. Massachusetts home of its largest factory. Its largest immigrant workforce is being denied severance pay many of those workers, immigrants and refugees women from the Dominican Republic. Vietnam Burma and Nepal have made the company's fine clothing for years so far brooks isn't budging. Despite pleas from the union, and from members of Congress according to the Boston Globe in North Carolina, the factories, the only large employer in the little town of Garland closure would affect that town forever, mayor winifred. Hill, Murphy told The New York Times. In response, CEO, Del Vecchio, says for survival. We must hang onto as much cash as possible, but the globe reports that its chapter eleven filing includes plans to give compensation benefits, severance and bonuses totaling millions to other workers. Brooks brothers will transform, but unlike many of its retail brethren its survival is not in question. In fact, at least one bidder for the company believes it can earn annual revenue of three billion dollars within five years more than triple its current sales, so many buyers are vying for the brand at both the Wall Street Journal and Bloomberg used the phrase the races on those making bids. Bids Include Mall Company Simon, property, group, authentic brands, group and W. H. P. Global another bidder is a group of Italian. Investors led by a company called GIO which typically helps fashion companies improve their online presences. The Wall Street Journal possibly with tongue firmly in cheek, considering the state cut of Brooks brothers clothing says Julia wants to quote introduced some European flair to the quintessential American brand. Julia's clients include Armani Maxmara and other designers. Brooks brothers is accepting bids through August fifth, so brooks will survive, but what about it's cheaper? Rival men's warehouse tailored brands which owns men's warehouse and the more upscale Joseph. A. Bank plans to close at least a third of its fifteen hundred stores. It said this month it hasn't filed for chapter eleven protection, but it came close according to CNN. That threat remains even after it stores reopened. Sales have been falling. They were down about eighty percent at Joseph A. Bank in the first week of June, as we all continue to do business in Pajama Pants as we all know nostalgia sells Joseph A. Bank doesn't have nearly the name or the history of Brooks brothers, which drips with nostalgia. Teddy Roosevelt apparently insisted his rough riders. Riders wear the Brand Abe. Lincoln was also a brooks brothers customer, one reason for the bidding war beyond what is sure to be the lowest price anyone ever imagined for the stalwart brand. Is What author Lisa Burn? Bach believes about Fashions Post. Pandemic Future Birnbaum who authored the twenty ten book true. Prep argues that the company must be saved after the pandemic finally end, she writes. There will be weddings. There will be funerals. There will be. We hope live operas and theatre and premieres in concerts and fancy dress parties. Where we can't predict the future, but we can observe the present, and what's happening to upscale apparel in the US. WHO's buying it and WHO's making it. Reveals a lot about our rapidly changing an enormously conflicted culture.

Brooks Brothers Brooks United States America Ceo Claude Delvecchio Mark Zuckerberg Julia Dominican Republic Massachusetts CEO Teddy Roosevelt The Wall Street Journal Joseph A. Bank CNN Burma Congress North Carolina Joseph
Hey, Remember the Olympics?

Why It Matters

05:12 min | 2 months ago

Hey, Remember the Olympics?

"For many sports, the Olympics is the apex of what they can achieve as athletes, and it's a chance for the world to see incredible incredible athletes out there on the world stage. My name is Julius boy, cough and I. Teach Political Science at Pacific University, Oregon. Professor boy cough has written four books about the Olympics and as it turns out. He's also a former member of the US men's Olympic soccer team. and. That is really why the Olympics have stuck around and Ben so successful. Were it not for the athletes? We wouldn't really have the Olympic Games of course the money shuffle has become a big part of that. We can talk about that later, but for athletes in lesser known sports, sake curling in the Winter Olympics or maybe equestrian or something like that in the Summer Olympics, this is their one chance to make big. Now I think we have to remember that. The Olympics the Olympic Games themselves are a value or ideal driven event. I'm Katherine Moon and I am a professor of political. Science at Wellesley College I study issues related to eastasia particularly the Koreas and I love to talk about culture and values in international politics. As much as we say, it is about pure athleticism and fairer competition. It really was an is about ideals, human, being the human spirit to strive for excellence, and to do once best, and to be proud to be wist others who are excellent in their fields. And I think that's what drives people to go to the Olympics and to watch the Olympics. It's changed my life completely. Cultures and values together. Research big. So. It's July and we were supposed to start watching the summer Olympics in about a week, so what the heck happened! Yeah. The Olympics got corona virus and. They had to push back for a year. When you look back at that moment, there were calls to cancel the Olympics. There were calls to postpone the Olympics and the members of the International Olympic Committee seemed determined to press ahead with the games this at a time when other sports were shutting down, world soccer was shutting down various sports leagues around the world, and yet the International Olympic Committee felt like they needed to press ahead and the real reason why the. International Olympic Committee finally acted was because Canada basically said they were going to do a de facto boycott. If the Games were held in twenty twenty, they were soon followed by. The National Olympic Committees from Australia Portugal Germany, and when that all happened the International Olympic Committee had no choice but to postpone, and that's exactly what they did so now. They're slated for July twenty twenty one. To move has finally been confirmed. The signs are all over Tokyo symbols of what was supposed to be the Japanese revival. A comeback crushed at least for now. We're talking about it. Doesn't it seven years in the making millions of dollars. Two hundred countries at eleven thousand athletes. You can't just pick another date on the calendar. The Olympic Games have only been canceled three times. The first time was in nineteen sixteen during World War One. The second and third time we're in one, thousand, nine, hundred, forty and nineteen, forty, four, due to World War Two. It's still unclear whether the twenty twenty games will become forth historic cancellation. The current plan is to begin them on July Twenty Fourth Two thousand twenty one. But. Many experts are skeptical of this time line, arguing that there is no guarantee that the corona virus will be fully under control in a year. Still the struggle to preserve the twenty twenty games shows just how invested host countries become an success. What's at stake for Japan as the situation plays out. Well Japan has plunged a lot of money and prestige and human capital into making the Games happen if we think back to when they were originally bidding on the Olympics, they said that the entire escapade would cost seven point three billion dollars, but by the time this summer rolled around, they had spent some twenty eight billion dollars, according to an audit by the Japanese government, and so that's four times what they had originally planned postponing means adding anywhere from two to six billion dollars. Those are the best guesses that we have now. So what's at stake for Japan is they've already spent way more money than they expected and now they might not even get the Olympics to actually

Olympics International Olympic Committe National Olympic Committees Professor Soccer Julius Boy United States Japan Oregon Wellesley College Pacific University BEN Katherine Moon Japanese Government Tokyo Australia Portugal Germany Canada
Fed buys more corporate bonds but may soon end purchases

AP News Radio

00:48 sec | 2 months ago

Fed buys more corporate bonds but may soon end purchases

"The federal reserve has purchased more corporate bonds as part of its effort to boost in the economy hit hard by the corona virus pandemic the fed says it bought another one point three billion dollars in corporate bonds late last month an effort to keep interest rates low and ensure large companies can borrow by selling bonds the bonds are from a wide range of companies making a broad market index in order to avoid favoring any specific industry fed also purchased nearly eight billion dollars in pools of bonds held in exchange traded funds which operates similarly to mutual funds the purchases remain well short of the program's original cap of seven hundred and fifty billion and a fed official says the buying is slowing and may continue to do so if the market remains relatively healthy Ben Thomas Washington

FED Official Ben Thomas Washington
Fed buys more corporate bonds but may soon end purchases

AP News Radio

00:48 sec | 2 months ago

Fed buys more corporate bonds but may soon end purchases

"The federal reserve has purchased more corporate bonds as part of its effort to boost in the economy hit hard by the corona virus pandemic the fed says it bought another one point three billion dollars in corporate bonds late last month an effort to keep interest rates low and ensure large companies can borrow by selling bonds the bonds are from a wide range of companies making a broad market index in order to avoid favoring any specific industry fed also purchased nearly eight billion dollars in pools of bonds held in exchange traded funds which operates similarly to mutual funds the purchases remain well short of the program's original cap of seven hundred and fifty billion and a fed official says the buying is slowing and may continue to do so if the market remains relatively healthy Ben Thomas Washington

FED Official Ben Thomas Washington
Finally, Albertsons Goes Public -- After Besting Krogers Performance

Business Wars Daily

04:02 min | 2 months ago

Finally, Albertsons Goes Public -- After Besting Krogers Performance

"Well after years of trying albertson's than Asian largest grocery store chain has finally gone public. The company I planned to launch an IPO back in twenty fifteen, but ultimately postponed the offering because of retail market volatility, but even global pandemic couldn't stop. The companies go to market plans this time, not with so much money on the line. ALBERTSON'S IPO was expected to be a billion dollar plus event, but despite the strength of the grocery sector and the company's own strategic moves, investors weren't suite on Albertson's. The company's target price was roughly twenty dollars per share, but ended up selling for a discounted price of Sixteen A. A share by the time the stock debuted on the new. York Stock Exchange the next day. The price it dropped another three percent. The downsize deal was surprising. Albertson sales in March and most of April were up nearly thirty five percent over last year CNBC reports the company Jones Safeway Jewel OSCO stores among other grocery brands had been making innovative moves before covid nineteen albertson's has been centralizing its buying power investing in its private label brands. It's also remodeled stores to devote more space to growing fresh departments. The Wall Street Journal reports Albertson's also adopted smaller warehouses near existing stores to fulfil online orders faster. Same store sales were outpacing kroger the country's biggest supermarket player according to win site. Grocery business. Following the IPO Albertson CEO Vivek Shankman remained optimistic about the company's prospects. He pointed to market. Volatility is one reason for the disappointing debut. Stocks had fallen the day before the IPO is cove, nineteen surged. He told The Wall Street Journal and IPO is just the starting line. It's not the finish line. Things aren't much better over the number. One grocery brand kroger also enjoyed a pandemic. Pandemic revenue bump last quarter revenue, excluding fuel grew nearly twenty percent from the previous year that growth exceeded analysts expectations, but shortly after its last earnings call in mid June, share prices dropped six percent grocers were an economic bright spot. During the early months after covid nineteen swept across the nation. Many people stocked up on staples and hunker down at home, but investors aren't convinced that the. The. Sales bump from cozy home, cooked meals and stockpiles of toilet, paper and cleaning supplies are going to last much longer. Store margins are razor thin between one and two percent according to mercator. Advisory Group Research and expenses for additional cleaning, staff and safety precautions have spiked, but both grocers are gearing up in areas that promise growth. The economic downturn is made consumers more price conscious that. That bodes well for private label brands which are more profitable than national brands. According to mercator, research both grocery giants are strong players here, but kroger has the edge. It's private label. Division had its best year ever in two thousand, nineteen, topping twenty three billion dollars in sales, according to Progressive Grocer, magazine albertson's private labels tallied roughly half that amount in sales according to its IPO filings. Albertsons is ahead of the game in another important area online sales online grocery sales are poised to jump about forty percent this year core site research estimates. Albertson's has already outfitted to small fulfillment facilities to speed online and delivery orders. It plans to expand the concept Kroger has to. It's centralized distribution strategy according to supermarket news, but the retail giants face increasing pressure from mass club and dollar retail competitors together sectors outpace private label performance from Grocers for reports and their formidable online rivals to as consumers increasingly venture out into the world. Grocers are looking for a way forward key questions remain around how shopping change and whether grocers can find ways to keep ringing up pandemic lovers savings.

Albertson Kroger Vivek Shankman Mercator Albertsons The Wall Street Journal York Cnbc Jones Safeway Jewel Osco Advisory Group Research CEO Progressive Grocer
Los Angeles - $3B Development ‘OC Vibe’ Coming To Honda Center Area In 2024

KNX Afternoon News with Mike Simpson and Chris Sedens

00:36 sec | 3 months ago

Los Angeles - $3B Development ‘OC Vibe’ Coming To Honda Center Area In 2024

"Years from now you might not recognize the area around the Honda center in Anaheim plans unveiled today for three billion dollar one hundred and fifteen acre development for the area called OC vibe would include a contravention were huge food all the restaurants and retail as well as an office tower to hotels and six hundred fifty rooms in those hotels twenty eight hundred apartments for rent an awful lot project is being built by the Sam Wyly family owners of the Anaheim ducks are NHL hockey team it's scheduled to open in twenty twenty four and be fully completed by the twenty twenty eight summer Olympic games one of the hardest enter will host indoor volleyball

Honda Center Anaheim OC Sam Wyly NHL
"three billion dollars" Discussed on WCBS Newsradio 880

WCBS Newsradio 880

03:13 min | 10 months ago

"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
"three billion dollars" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

03:35 min | 1 year ago

"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.

US president twenty seven billion dollars twenty eight billion dollars sixty three billion dollars thirty five billion dollars hundred billion dollars Three billion dollars trillion dollars trillion dollar
"three billion dollars" Discussed on KDWN 720AM

KDWN 720AM

01:39 min | 1 year ago

"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..

federation for American Immigr US department of housing US Dan Stein Mary Walter Central America Brian one hundred billion dollars three billion dollars
"three billion dollars" Discussed on WCBS Newsradio 880

WCBS Newsradio 880

02:44 min | 1 year ago

"three billion dollars" Discussed on WCBS Newsradio 880

"Be getting three billion dollars in incentives. But that's just part of the problem city council Jimmy van Bremer caused an anti labor and anti immigrant. He's hoping the company bags out. There are many many ways in which this is a victory. Now, we obviously have to continue to work to grow jobs and grow the economy. But do it in a way, we're we're not selling our souls, an Amazon spokesperson wouldn't directly address the deal, but says the company wants to show what kind of neighbor it will be in Long Island city. Peter, hence, gold WCBS NewsRadio. Eight eighty is. Now. A federal probe the government investigating claims of blackmail and extortion against the publisher of the National Enquirer accusing the company of threatening to run lewd photos of Amazon CEO Jeff Basil's at a mistress. Pesos says it's all politically motivated the publisher denies the allegations. Let's get details. From CBS news correspondent Errol Barnett in his online post. Jeff Bezos claims that David pecker, and am I have been investigated for their potential deals with Saudi Arabia that influenced that tabloid reporting? Now Basil's claims the Washington Post when it start started acknowledging those reports possibly struck a nerve because only after those stories ran that this alleged extortion attempt to begin CBS is Errol Barnett reporting. Police have now arrested the ex boyfriend of a pregnant woman in her fatal stabbing in queens. Last Sunday officials say thirty five year old Jennifer, I go Jen was five months pregnant when she was attacked inside her apartment building on Myrtle avenue in Ridgewood. She was pronounced dead at wycoff hospital her unborn child. Did not survive did not survive. Police arrested forty year old Anthony Hobson charging him with murder tampering and physical evidence and criminal possession of a weapon Arrigo and left behind an eight year old child as well has been placed with the child's grandmother. A turnaround from the double our after seeing the worst on time performance numbers in a decade. So few hall with the story commuters. You may have seen a difference in January. The LIW are had the best on time performance number in six years. Nearly ninety three percent of its trains were on time. President filling tells me he credits the hard work of the railroads employees. We've been able to start tackling standing issues of free clearing that have caused issues during high winds on a lot of work on the track. And then as well as being out there during inclement weather, when when we tell folks that they should be home outfox route, they're ready to respond, and what can commuters expect in the upcoming months from the L A double arm. I think. We're going to support critical infrastructure projects that are. The.

Jeff Basil extortion Jimmy van Bremer Amazon Errol Barnett CBS Jen Jeff Bezos publisher Anthony Hobson Long Island queens National Enquirer Saudi Arabia Washington Post Peter wycoff hospital CEO Arrigo David pecker
"three billion dollars" Discussed on KDWN 720AM

KDWN 720AM

01:55 min | 1 year ago

"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.

Chuck Schumer special counsel Luana Simon attorney Mulvaney Dr Larry Nassar Bill Forsyth Senate Michigan Michigan State University White House Trump president three billion dollars seven billion dollar
"three billion dollars" Discussed on WCBS Newsradio 880

WCBS Newsradio 880

02:47 min | 1 year ago

"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.

Senator Richard Blumenthal president Connecticut Senator Senator Schumer Queensboro plaza Queen White House Senate Hudson Washington three billion dollars
"three billion dollars" Discussed on KQED Radio

KQED Radio

01:36 min | 1 year ago

"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.

Peter Jon Shuler Google House Judiciary committee congresswoman Zoloft NPR Veldman Eric swallow Oakland city council congressman europe Darpa United States CEO three billion dollars six percent ten days
"three billion dollars" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:33 min | 2 years ago

"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..

Bloomberg Bloomberg Netflixing Bloomberg Bloomberg New York Pimm FOX Tom Kean Netflix Jonah John Farrow Federal Reserve Jerome Powell Senate Claire chairman Carol Massar London three billion dollars
"three billion dollars" Discussed on WTVN

WTVN

01:37 min | 2 years ago

"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.

columbus ohio us hasbro buckeye institute jared adler senior vice president of globa plato abc twenty three billion dollars three percent
"three billion dollars" Discussed on KQED Radio

KQED Radio

02:01 min | 2 years ago

"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.

china jennifer pack us government china china ten percent fifty billion dollars three billion dollars twenty five percent
"three billion dollars" Discussed on WJR 760

WJR 760

02:18 min | 2 years ago

"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.

company infantry ohio michigan san louis san francisco paul america ohio toledo detroit finley washington el paso texas analyst boston twenty three billion dollars twenty three billion dollar
"three billion dollars" Discussed on News-Talk 1400 The Patriot

News-Talk 1400 The Patriot

01:46 min | 2 years ago

"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.

ceo senate indiana luke messer congressman mike pence vice president washington republican party braun brian dc official donald three billion dollars million dollars
"three billion dollars" Discussed on WGIR-AM

WGIR-AM

02:18 min | 2 years ago

"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.

new hampshire united states jack heath copenhagen denmark bob dylan fbi germany yvonne zeppelin grammy paul mccartney schiff christopher three billion dollars twenty second two weeks
"three billion dollars" Discussed on WRVA

WRVA

01:55 min | 2 years ago

"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.

congress california virginia texas jane founder richmond lucent andrew kessler jeff davis chipping three billion dollars eleven forty w ten minutes two years
"three billion dollars" Discussed on KQED Radio

KQED Radio

02:08 min | 3 years ago

"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.

us katie bonn mahfoud fiji island rising seas sonia nahran suva taveuni island fiji climate change america germany reporter three billion dollars
"three billion dollars" Discussed on News/Talk 710 KNUS

News/Talk 710 KNUS

03:10 min | 3 years ago

"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.

tax credits income tax fifty five percent twenty eight percent two hundred fifty thousand dol Hundred three billion dollars seven hundred billion dollars seventy two percent forty five percent fifty two percent sixteen percent
"three billion dollars" Discussed on KBNP AM 1410

KBNP AM 1410

02:00 min | 3 years ago

"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.

dr mack iowa gugel ios mac os windows bob dr maqlid vitus apple android three billion dollars