35 Burst results for "Three Hundred Billion Dollars"
Anti-Republican Jimmy Kimmel Gives Larry Elder a Shout Out
"Even jimmy. Kimmel incidentally gave larry elder some credit. Here's cut twelve jimmy. Kimmel is an republican anti conservative anti-trump one of these late night comics. That has stopped being funny because all they want to do is rip us. And i'm sure he did plenty of attacking larry elder. There's been such a smear campaign against larry. It's kinda hard to believe but here was jimmy. Kimmel giving kudos to larry elder for his gracious speech the night that it was announced. The governor shen held onto his job yesterday. gavin newsom didn't not win. He didn't get fired. Not even close. He trounced the clown car full of candidates for running against him. The cost to our state was about three hundred billion dollars. Which i think is the third most expensive dinner at french laundry. Ever republican vote-getter radio host. Larry elder was surprisingly. Gracious in defeat accepted the results of the election. I forgot what it was. Like to see a republican. Do that but Every once a while you see a chicken fly and you're like oh yeah they're birds. Yeah we republicans. Were never gracious. Gracious is my middle name. I'm always gracious jerk.
Here's What's In The Covid Relief Bill
"Congress passed a five thousand five hundred ninety three page corona virus relief bill and government spending bill for the fiscal year after reaching an agreement on the legislation over the weekend. The virus relief package is set to include another round of six hundred dollar stimulus checks to americans three hundred dollars per week in augmented unemployment insurance for unemployed individuals more than three hundred billion dollars in aid for small businesses including through the paycheck protection program and tens of billions of dollars across other provisions including rental assistance vaccine distribution funds and broadband support the biggest single component of the new covid. Relief bill is the refunding of the paycheck protection program with a total of two hundred eighty. Four billion dollars. Ian shepherdson of pantheon macroeconomics said in a note. Monday evening it worked and will work again by offering loans to small businesses based on the size of their payrolls with services jobs now in freefall according to the alarming daily data from home base. This can't come a second too soon. Though in reality firms likely won't be able to make applications under the new program for another couple weeks. He added still. This is a big step forward helping bridge. The gap between the third wave ravage services economy and the post pandemic world of the spring. All told the package came in at about nine hundred billion dollars or less than half the size of the two point. Two trillion dollar cares act from the spring democratic lawmakers have suggested the bill is just the start of a more comprehensive suite of fiscal stimulus however wants president. Elect joe biden. Takes office is suspect. Incoming president joe biden will be primarily focused on creating work for the ten million people who lost their jobs due to the pandemic and are yet to find employment james nightly i n g chief international economist wrote in a note tuesday morning. That means we are likely to see. Another substantial fiscal stimulus focused on infrastructure and
After Jack Ma, Is China Freezing Its Entire Tech Sector?
"So what did we miss. Well over the break. The whole chinese communist party versus jack. Ma thing got even more interesting. China's market regulator suddenly announced an antitrust investigation into alibaba for alleged monopolistic practices. Yes this sort of thing can happen in china to. I guess because as far as we know. This is the first investigation of its kind in china's internet sector ever coating the financial times the market regulator said it was investigating suspected monopolistic practices including alibaba's tactic of forcing merchants to sell exclusively on its platform a practice known as pick one of two in china among other issues. The brief statement from china's state administration of market regulation said the investigation into alibaba had been opened. Recently after complaints ali. baba's hong kong listed shares fell more than eight percent in early trading. Alibaba said it quote will actively cooperate with the regulators on the investigation and quote and that its business operations remained normal. This is china's first antitrust investigation into a chinese internet company for abusing its market dominance said scott you and antitrust expert at jong loon large firm quote. In a worst case scenario alibaba could be fined up to ten percent of its previous years sales and quote lawyers said the initiation of a former investigation met the government already had some evidence to support its case regulators quote definitely have evidence but it is hard to say whether they will ultimately decide this constitutes monopolistic behavior and its punishment said you jin wa at shanghai deboned law offices and quote so this story continues to fascinate me because for years the communist party has allowed big tech companies to flower in china to show that china could match the west for innovative disruptive capitalism albeit with the special chinese communist party spin on exactly what that entails implicitly. I suppose it has always entailed the communist party. Always having the final say on what exactly disruptive capitalism entails and it's interesting to see them very openly pulling the reins on jack ma one of the earliest and highest profile of the entrepreneurial success stories in tech china alibaba was founded all the way back in nineteen ninety nine. It was china's most valuable company for a long time though. Suddenly no more alibaba's seen almost all of this year's stock gains erased over the past few weeks wants the hammer began to come down on. Ma it all began with the canceled. Ipo of ant group. The finance of alibaba. Also run by jack ma and this morning even more. China's central bank has announced. That aunt must overhaul its lending insurance and wealth management businesses and come up with a timetable to do so toot sweet quoting bloomberg. These central banks summoned aunt executives over the weekend and told them to rectify the company's lending insurance and wealth management services. The people's bank of china said and statement sunday while it stopped short of directly asking for a break-up of the company the central bank stressed that aunt needed to quote understand the necessity of its business and quote and come up with a timetable as soon as possible. The series of edicts represent a serious threat to the expansion of mas online finance empire which has grown rapidly from a pay pal like operation into a full suite of services over the past seventeen years before regulators intervened aunt was poised for a public listing. That would have valued at more than three hundred billion dollars with existing backers including carlyle and silverlake. The hung based firm now needs to move forward with setting up a separate financial holding company to ensure it has sufficient capital and protect personal private data. The central bank said authorities also blasted aunt for subpar corporate governance disdain towards regulatory requirements and engaging in regulatory arbitrage the central bank said aunt used its dominance to exclude rivals hurting the interest of its hundreds of millions of consumers and quote as dr trae. Who knows way more about china than i do. Said on twitter quote. I'm still perplexed why they decided to kill ant the day before its ipo. It seems like a genuine mystery to everyone whether this was crazy. Powerplay to show they can put the brakes on something as large as that with the of a finger. Or if they like just didn't really look at andt closely until i day and quote but it's not just about jack ma though. Isn't it quoting bloomberg alibaba. Group holding led a second day of frenetic selling among china's largest tech firms driven by fears that antitrust scrutiny will spread beyond jack ma internet empire and engulfed the country's most powerful corporations alibaba and its three largest rivals. Tencent food delivery giant matron and jd dot com. Have shed nearly two hundred billion dollars over two sessions since when regulators revealed an investigation into alleged monopolistic practices. Atma's sickness or company. That marked the formal start of the communist. Party's crackdown not just on alibaba. But also potentially the wider increasingly influential texts fear and quote
Snags on COVID-19 relief may force weekend sessions
"Hi Mike Rossi a reporting talks on a new covert nineteen relief package are dragging with final agreement proving elusive a weekend session for Congress appears all but certain as lawmakers work to produce a long awaited Kobe nineteen economic relief package all sides agreed this is a must pass situation negotiators reported behind the scenes progress Thursday night key items that appear in place include a three hundred dollar per week boldest federal jobless benefits one time six hundred dollar direct payment to most individuals twenty five billion dollars in aid to struggling renters and more than three hundred billion dollars in aid to businesses the covert relief package would be combined with a one point four trillion dollar government wide funding bill might cross the Washington
Close but not yet: Deal near on COVID-19 economic aid bill
"Hi Mike Rossi a reporting a deal is near on a covert nineteen economic aid bill the long delayed covert nineteen economic relief package still hasn't been finalized but indications are negotiators are getting close lawmakers briefed on the talks say leaders have agreed on a package topping out at around nine hundred billion dollars it will include direct payments of perhaps six hundred dollars to most Americans and a three hundred dollar per week boldest federal unemployment benefit three hundred billion dollars in subsidies will go to businesses including a second round of paycheck protection payments were hard hit businesses meantime it appears another temporary spending bill will be needed to avoid a government shutdown at midnight Friday Mike Crossey out Washington
Riot Games: Brandon Beck and Marc Merrill
"Guy roz on the show. Today to avid gamers fended off reluctant. Investors may saying experts and their own self doubt to build riot games an order the most successful video games ever created league of legends in two thousand six. A video game company called bethesda. software works. Tried out an experiment at the time. But as the had a popular video game called oblivion in that year it decided to offer its users an extra feature horse armor not armor virtual armor that you could use in the game and bethesda offered it up for two dollars fifty cents. It was an incredibly controversial decision and most players reacted badly. They didn't like it but enough gamers decided to try it out and bought the armor and it proved a theory that company had that you could create an entire revenue stream through what became known as microtransactions. Still almost no game developers chose to pursue this business bottle that same year. Two friends brandon beck and mark merrill pitched an idea to investors. They wanted to build free video games but offer up things like in game currency and weapons and characters and skill points. I price brandon and mark believed that if the game was good enough players would happily spend a few dollars each week to buy virtual products that might enhance the gaming experience not surprisingly most investors. Turn them down and thought it was a crazy idea. The question mark and brandon getting was. Who's gonna spend money on virtual things things that have no value in the real world and these were fair questions. And it's why it was so hard from arkan brandon to get right games up and running but the game they eventually built league of legends became one of the most popular video games of all time and a game that helped to pioneer the business model now known as the free to play model this year the global video game industry will hit more than a hundred and sixty billion dollars in revenue. That makes it four times bigger than the global film and tv industry and three times bigger than all the music sold around the world and twenty twenty. according to forbes video games will earn more than three hundred billion dollars by twenty twenty five and a growing percentage of that revenue comes from gamers who spend small amounts of money buying skins or costumes for their virtual characters or buying access to locked rooms and imaginary worlds huge gaming tournaments attract millions of viewers with players. Earning millions of dollars a year. It's a massive business and a big part of it has to do with the model that brandon marks company riot games helped. Pioneer and brandon both grew up in southern california. They met as teenagers at a summer leadership camp shortly before college. Here's how marc remembers it. I remember meeting brandon and mike. Oh you're from los angeles awesome it like video games. What's up in so we just kinda instantly hit it off. And then as i got to know him i also just really thought he had a infectious personality at that. It really interesting. Way of looking at the world that was sort of commentary from values perspective to mind in the edge just this incredibly entrepreneurial kind of business oriented mind. That kind of inspired me where i'm like. Wow i've never seen i've never encountered a person that's also younger me that felt so vibrant and dynamic and it's interesting way and so because of the shared love of games so they could hop on the modem play starcraft warcraft two or or duke nukem three d or if i mean we could go on and on about the titles that we all knew and connected about. Yeah so you meet this like leadership program and then you both go back to l. a. And and you you stay in touch or or did you kind of lose touch. Yeah i mean we. We stayed in touch and we call each other every once in a while we. We'd play some games. I remember one of those phone calls. Mark told me a really to see the matrix. What does that. he's like. You'll see ended up blowing my mind. My favorite movie of all time and mark. You headed to usc to start college and brandon did that. I know eventually you would also go to. Usc was was the fact that mark was there to that. Influence your decision to go. There was just just happened to be the place where you decide to go. It was a total coincidence. But it certainly made me more excited about it. I even visited mark when he was at school and hung out within the dorms. Where he he had a bunch of gaming buddies and they would they play games together. And i wasn't a very good student i had. Adhd in a variety of learning differences in wasn't pretty tough competitive school environment. And and i. And i just. I was not the kind of student i was sort of supposed to be. But in the meantime i'm living in this world online. I wanted to spend every minute in my spare time. I would build scripts that would play my character for me wall. I had to be a school. So i would continue to make progress. Well that's pretty impressive. But i mean you did despite your struggles you did end up getting into usc and mark is already there and presumably like you guys. What like start to hang out. And i guess you already have like a friend at college and you get there. Yeah mark would take me under his wing bit and you know introduced me to his friends and show me around. So yeah it was. It was really great showing up and no one mark mark when you guys were in college did. Did you think you know what. I'm gonna start a business with this guy one day or was it just like fun. Conversations would have about. Hey you know maybe one day we should do this or that. Yeah no we we did. But it was sort of accidental. In some ways you know brandon. And i because of our shared passion games and then also our mutual interest in business we would strategize brainstorm or think about opportunities and and this is one of the reasons that i was attracted to brands because he was sort of the most entrepreneurial business minded friend that i had like brandon random music station at sc. You'd be thinking about events or got so we were playing games and we both loved online games and so we loved to like watch replays of really competitive players playing online and try to help inform how we could get better than that started us thinking about well. Maybe we could help. Create or run some gaming tournaments. Maybe we could do some stuff like that surround campus and actually. Maybe there's a opportunity create a league that we were going to call the g. l. ultimate gaming league so brandon. I went down to the basement. Alevi library late one night. We started working on this rough business plan. Neither of us really knew how to build a business plans. We're trying to figure out what that looked. Like what the but on paper and all this and we can never really went anywhere that business but nonetheless I just remember being really energized about the possibilities of the future and and again. That's that's something that an grant and really helped awaken. Was this ability to look at not the way the world is currently but the way that it could be and how we could potentially go help change
Pelosi and Schumer back $900 billion coronavirus stimulus plan as basis for negotiations
"Lots of corona virus. Relief packages are floating around the hill. That doesn't mean help is on the way by. Philip elliott the headlines coming out of capitol hill. This week might have you think. Another round of much-needed coronavirus relief. Just a few details away. After months of stalemate since the last relief significant bill was passed back in march. It looks like there is finally some momentum peel back the veneer just a little however and the reality reveals itself to be far more complicated. Let's go through the three options that have captured the imagination of lawmakers and advocates alike. Even more may eventually be thrown onto the negotiating table and elements of each of these may bleed into the others but let's not make this too messy at least not at first one. A bi partisan group of senators on tuesday unveiled a nine hundred and eight billion dollar proposal. That looked to split the difference between house. Democrats two point four trillion dollar offer and senate republicans six hundred and fifty billion dollar offer. Part of the total cost would come from some of the five hundred dollars in unspent money from the last round of relief so the price tag is a little misleading. It's a stopgap measure that has growing support from rank and file lawmakers who are finding it more and more difficult to justify inaction in pursuit of the perfect. This proposal would stretch through the first fiscal quarter of calendar year. Twenty twenty one or until the end of march and would cobble together hundred sixty billion dollars to fund a state and local governments. That are running. on fumes. As tax revenue has dried up with the economic downturn. The measure also has more than three hundred billion dollars in loans and grants for small businesses. Twenty five billion dollars in relief for renters an extra three hundred dollars per week for unemployed americans it does not however include an extra twelve hundred dollar stimulus payment. That house speaker. Nancy pelosi in president. Donald trump both backed treasury secretary. Steven mnuchin said. He was reviewing the bipartisan proposal. The white house called it a non starter saying it plan to work with senate majority leader mitch. Mcconnell and house minority leader kevin mccarthy on a targeted covid relief plan to pelosi and senate minority leader. Chuck schumer have their own democrats only outlined for a new offer. They haven't released details but it was sent over to mcconnell in a private letter on monday. The draft was meant to restart negotiations which have been hold for weeks in most unhelpful. Move mcconnell announced the offers existence and further frustrated democrats who say republicans aren't negotiating in good faith. Democrats have insisted cash be included for state and local governments a major point of dispute for many republicans. Who say it's not washington's problem to fix local budgets. No total cost was attached
Think a coronavirus economic package is just around the corner? Not so fast.
"Headlines coming out of capitol hill. This week might have you think. Another round of much-needed coronavirus relief is just a few details away. After months of stalemate since the last relief significant bill was passed back in march. It looks like there is finally some momentum peel back the veneer just a little however and the reality reveals itself to be far more complicated. Let's go through the three options that have captured the imagination of lawmakers and advocates alike. Even more may eventually be thrown onto the negotiating table and elements of each of these may bleed into the others but let's not make this too messy at least not at first one. A bi partisan group of senators on tuesday unveiled a nine hundred and eight billion dollars proposal that looked to split the difference between house. Democrats two point four trillion dollar offer and senate republicans six hundred and fifty billion dollar offer. Part of the total cost would come from some of the five hundred billion dollars in unspent money from the last round of relief so the price tag is a little misleading. It's a stopgap measure that has growing support from rank and file lawmakers who are finding it more and more difficult to justify inaction in pursuit of the perfect. This proposal would stretch through the first fiscal quarter of calendar year. Twenty twenty one or until the end of march and cobble together one hundred and sixty billion dollars to fund a state and local governments that are running on fumes as tax revenue has dried up with the economic downturn. The measure also has more than three hundred billion dollars in loans and grants for small businesses. Twenty five billion dollars in relief for renters an extra three hundred dollars per week for unemployed americans it does not however include an extra twelve hundred dollar stimulus payment. That house speaker. Nancy pelosi and president. Donald trump both backed treasury secretary. Steven mnuchin said. He was reviewing the bipartisan proposal. The white house called it a nonstarter saying it. Plan to work with senate majority leader mitch. Mcconnell and house minority leader kevin mccarthy on targeted covid relief plan to pelosi and senate minority leader. Chuck schumer have their own democrats only outlined for a new offer. They haven't released details but it was sent over to mcconnell in a private letter on monday. The draft was meant to restart negotiations which have been on hold for weeks in most unhelpful. Move mcconnell announced the offers existence and further frustrated democrats who say republicans aren't negotiating in good faith. Democrats have insisted cash be included for state and local governments a major point of dispute for many republicans. Who say it's not washington's problem to fix local budgets. No total cost was attached. Three mcconnell circulated to republicans a new version of the gop plan that would presumably meet with white house approval notably it to did not include a cost meaning to was meant as a negotiating document. The latest incarnation includes small business. Cash a one month extension of base-level unemployment benefits that are set to end at the end of this month. For twelve million americans and legal protections against lawsuits for businesses that are open during the pandemic it notably lacks money for state and local governments. The latest also a plus up unemployment benefits that had been demanded by the white house in earlier drafts in short. Each of these is negotiating. Starting point not a workable idea even lawmakers were at the table for the creation of these ideas acknowledged. they're nowhere near final version. And when you're talking about deals that have perhaps twelve zeros at the end. There's a lot of wrangling left to be done. Meanwhile at least some officials are starting to talk again pelosi. Mnuchin had their first call since election day this week. The pair were the principal negotiators on a follow up deals through the summer until trump abruptly called off negotiations via tweet in october. He later demanded they return. But pelosi wasn't keen to once again. Be set up for failure by amir curiel president in the finals ros of campaign and decided to hold out for the election results. It turns out. Her hand is now weaker as house. Democrats lost seats. President elect joe biden has been in full contact with pelosi and schumer speaking to reporters in delaware on tuesday biden. Said he wants congress to act now. As a first step toward efforts he'd pick up when he takes office on january twentieth but he mcconnell have yet to speak since election day he added for his part. Mcconnell has yet to explicitly say biden is one although he has in roundabout ways suggested he understands who will be in the white house. Come january twenty first. that suggests talks aren't really as far along as some would hope as if this weren't tough enough the. Us government faces a do-or-die moment at the end of next week. The united states is set to run out of cash as the clock ticks past midnight on december eleventh and into december twelve that hard deadline ads and urgency to congress to do something. There is zero political appetite to shut down government in the middle of a pandemic heading into the end of year holiday season. Some lawmakers have talked about attaching corona virus. Relief package to the must pass spending bill in may be a way to get some forward movement but it also gives mcconnell added leverage to limit the size of the tacked on bill. Mcconnell controls the senate floor with an iron grip and ultimately has veto power over the entire agenda in the upper chamber if he says a limited pandemic relief measure is going on the omnibus. it's omnibus arrest for all practical purposes. So we're left with a string of calculations will progressives such a scaled back relief package until they can badger biden in the new year can conservatives stomach any of the red ink and if it does pass will trump sign perhaps the last significant piece of legislation of his one term presidency. The answer to each of those is at best a shruggy emoji without government funding forcing a vote. There's no guarantee mcconnell would bring another round of biden backed relief to the floor. In the new year conservatives will not be eager to give biden early win especially if it carries cash for struggling states and cities and trump seemingly has yet to accept. The movers are showing up at his door next month. It's the perfect cliffhanger for our president who spent so long as a reality show producer hence while the optimism coming off capitol hill. That a solution is in sight is perhaps misdirected.
Amazon opens online pharmacy that delivers prescriptions
"Amazon launching an online pharmacy customers will be able to buy prescription medications through a new store on its platform code amazon pharmacy. So now when you're at the doctor you can ask them to send prescriptions to amazon pharmacy. Just like any other retail pharmacy. Like you did before. It accepts quote unquote. Most insurance plans poll amazon launching. An online pharmacy was the points. What could possibly go wrong. There are two aspects of the recode article that used santos marcus that i thought were interesting. One is the fact that a lot of things that we didn't anticipate buying through amazon. Now we do so routinely. So i think that bodes well for prescription drugs being part of that but the other part that concerns me quite a bit is the just the number of knockoffs and how unregulated the amazon marketplace. Seems to be at times mock I would never bet against amazon in anything possible. Hitch in this. Is that the prescription. Drug markets skews toward older consumers. They they're the ones who who need this stuff more and that on average somewhat less comfortable with ecommerce younger people had the a lot of The pandemic learn to deal the e. Oh so that that's favor. But i'd be astonished if this flops blake yet had mark's got it exactly right. It's sort of the logical next step for amazon. Now that the pandemic has gotten older generations. Used to shopping for essentials online so sort of the next step beyond grocery in every other day household essentials and this is the age group that they're going to need if they want this to be successful so i think the time is right. Context on this story is comes about two years after amazon com susan company pill pack for seven hundred million dollars is also made other moves into the health space. Health insurance space amazon. Berkshire hathaway and j. p. morgan chase in twenty. Eighteen launched a joint health care venture code haven. We've yet to see where that's going to go. I'm was prime. Members will of course be able to save money paying for medications generic and off brands without using health insurance which is interesting. that's just chace took hit following the news. Drugstore companies like cvs and drug distributors like cardinal health. This will no doubt as well as vice out of walmart target costco's pharmacy businesses to joe this album praying and sharon tell up the wall street journal noting quote. Most americans still prescriptions at the traditional drugstore. Us prescription drug sales at pharmacies was over three hundred billion dollars in two thousand eighteen coins health research firm. A via nearly four billion prescriptions filled each year in the us in march. Mail order prescriptions. Mail order prescriptions. Were up twenty one percent from the previous giving them a six percent slice of the prescription drug market. Hi shannon lost two years. According to suntrust robinson humphrey. Wasn't there a time not long ago when there were a lot of rumors about amazon getting into not the prescription drug business but healthcare coverage insurance coverage. Am i imagining that. Or i might be the time with the two companies haven joint venture with halfway and j. p. morgan chase. So they got together to basically trying to put together some kind of umbrella coverage for all three companies. And somehow i pulled on everybody's sources provide coverage for all of their employees. I think that might be the thing. Maybe i i guess. I was on the impression that it was more comprehensive than just those companies and that they were basically going to try to roll out like you know obamacare. You know amazon care but yeah whether they were going to roll the roll that out to other companies as some kind of a model yet to be seen but i think with their own folks
Amazon Pharmacy Sends Pharmacy Stocks Down
"We have two of the biggest retailers out with their latest earnings report. That is going to have to take a backseat today. The news from amazon which just announced the launch of amazon pharmacy. Here in the us. You can order prescription drugs. Have them delivered to your home. Prime members get discounts and the reaction from the pharmacy. Stocks is pretty eye-popping. cvs health walgreens rite aid. Good rx they are all getting hit. Jason yeah they are in. I mean i understand why i think. This is likely overreaction to an extent. And i just i hearken back to when amazon announced its acquisition of whole foods. Remember the grocery store stocks at that point took a pretty steep nosedive on that news and and again understandable i mean amazon is extremely competitive in in a threat and a lot of ways. But but i mean you fast forward to today and certainly leaders in the grocery space have recovered. I mean they have been the most compelling investments in the world but it wasn't it wasn't fatal that said this announcement from amazon doesn't make the farmers jobs any easier. I mean when we speak about. Cvs walgreen those are companies that while they have big storefronts and they have that grocery dynamic to them. I mean they really are. They do rely on that pharmacy. Right i mean. Cbs for example pharmacy is more than seventy five percent of their business. And so that really really does matter. And so i understand the selling their particularly when you look at what amazon has done to date. I mean they've done a lot of the heavy lifting and compete in. This is red. Think they're able to participate in this market. Forty five states. Now they accept. Most insurance is a massive massive market. Opportunity writes something like a three hundred billion dollar market. So i think there are reasons for companies like cvs and walgreens to be concerned. I think there's probably a reason for something like a good rx to be more concerned. And and so i understand. The market's reaction to that more so than than perhaps the pessimism on on the bigger companies like cbs. Today
A $300B Industry and Growing: Find Your Opportunity in the Online Course Industry with Greg Smith
"Greg say what's up to fire nation and something interesting about yourself that most people don't know how low fire nation. So excited to be back. Something that most people don't know. If my wife knows this I watched the movie, the founder of McDonald's story. So I cried during that movie. This there's a reason. My wife doesn't know I was a little embarrassed to admit I. cried during that movie at the scene where you know you might not expect any tears. When the original guys not the see the founder of the move in the movie. But the original guys who created it are in a parking lot and they've sort of chalked out and mapped out the the shape of their kitchen and they're passing trays and Burgers like mock trays and burgers around. For days trying to optimize how the flow of food through the kitchen is going to go to build this optimal system. Really brought tears to my eyes because to me it was like entrepreneurship at its best like just people who are so passionate about something that they had to get it just right and they were willing to like spend days in this parking lot doing something that everyone else would probably think they were totally crazy doing and yet then came up with the McDonald's system out of it. Man I. Love that you have such an entrepreneurial heart in that direction. That is super cool and as you were kind of describing that I could definitely picture that scene unfolding and just being like man these guys just really care and they're so committed and fire nation. That's how you have to be by the way. That's how Greg is with his company think havoc and that's why we've just today as you're listening to this started. An amazing year, long partnership because we've been using epic now for years and years and years the podcasters paradise and we love them for all of those reasons because it's just the best core software to use you. Now, we've even getting together and you know speaking of like putting together the perfect system we still have, of course, a lot of tinkering to do because that's what we do by. We've come up with this amazing five. Day course challenge completely for free fire nation. If you knew how much time Greg his team myself and kid of putting behind the scenes to make this amazing course challenge for you, which by the way is free like you'd be blown away but it's just because Greg hair his team cares kate nine we care and that's why we really hope you do take that action and get over to think epic dot com slash fire we'll. Be Talking more about this challenge. At the end of the episode, we have a lot to cover today we're talking all about the three, hundred, billion dollar industry and growing in how you fire nation can find your opportunity in the online course industry with, of course, the best person to talk to about this with Greg Smith. So let's talk about the recent events because we do live in a different world than we did year ago. How has these recent? With cove in the such affected, the online course membership. Yeah, it's had a long term impact on it and it's been amazing to see it happen obviously so much tragedy in the events that have happened and are happening. But on the if you're on the side of creating online business and in particular in courses and membership sites, it is it is wild there's so much changing their so quickly. I see first of all, it's like the future has we've just been teleported into the future. All the projections people had for twenty twenty, five twenty. Five years from now are happening right now, and so the market size is exploded. Really really quickly in terms of more people, creating courses, more people, taking courses, and to be honest it's a little bit like the wild west out there in a good way and that there are so many people who are taking courses for their first time ever now that there's a a new way of looking at things. So it's it's it's easier to get started than it's ever been, and it's created this environment where I mean really if you're starting most online businesses or an especially in courses in memberships. been any better time to get started
Tesla picks Austin, Texas for $1 billion 'gigafactory'
"Get back to Tesla, the company, just announcing Austin as the location of its new gigafactory gene monsters been listening in on the earnings. Call Jane. What's new? Austin's new Melissa I mean this was largely expected, but really lays the groundwork for the company to ramp production recall that they reiterated that five hundred thousand vehicle target for twenty twenty in need to grow to fifteen million vehicles of the next ten years least on Musk, a target, so Austin is new, and they also expect to have three more factories in the next five years, which big name to six total factory, so when I think about this. Three hundred billion dollar market cap and think. How can this be a much bigger company? One is for them to scale into that news round at in Austin. The second I think really critical piece here. It's going to be largely ignored. Here is Elon. Musk's first comment was about Austin. His second was about their solar business. This nascent called five percent of their overall revenue, but the fact that he is mentioning that I believe he's starting to educate the market about Tesla being much. Much more than a car company, a pride myself on being levelheaded in even keeled adult. Want you to think that I've totally drank. The KOOLADE here but I think that this company can take its existing technology around batteries, motors, and what they're doing in full self-driving apply more to the energy market in create much more than three hundred billion dollar market cap. Undoubtedly, it will be a wild ride with the stock, but this is I. Think the start of what will be a multi year. were. Tesla educates the market above being more than a car company.
Biden proposes $700 billion plan to spur manufacturing, research to create 5 million jobs
"Says he has a plan to create five million new jobs in the US. He seems to be going after one of president, trump's strongest issues in pulling the economy. Here's at least part of Biden's plan. The federal government would invest four hundred billion dollars in the manufacturing industry. Another three hundred billion dollars will go to research and development in other industries like technology. Biden's aides say the overall package is meant to help the country. Country recover from the pandemic recession ASAP, but more than that Biden says it's not enough to build back, but quote we have to build back better as Fox News says this comes in direct competition with President Trump's America I promise trump has emphasize protecting American workers and moving away from global economy. Now Bite in could be trying to win over those working class voters who went for trump in two thousand sixteen election day is less than four months away.
Biden proposes $700 billion-plus ‘Buy American’ campaign
"Hi Mike Rossi you're reporting Joe Biden goes on the offensive on the economy today democratic presidential candidate Joe Biden plans to lay out a seven hundred billion dollar buy American proposal for federal government purchases as he shifts focus to the economy in his bid to unseat president Donald Trump Biden will discuss his proposals today at a metal works concert and done more Pennsylvania the Biden plan would increase federal government purchasing of US based goods by four hundred billion dollars over four years with another three hundred billion dollars going toward new research and development in U. S. technology concerns Biden is expected to unveil an energy plan in the coming weeks might cross your Washington
Biden proposes $700 billion-plus ‘Buy American’ campaign
"Hi Mike Rossi a reporting Joe Biden is set to propose a seven hundred billion dollar buy American campaign presumptive democratic presidential nominee Joe Biden is set to propose a seven hundred billion dollar buy American campaign to boost U. S. manufacturing and technology the plan Biden is expected to announce today calls for a four hundred billion dollar four year increasing government purchasing of US based goods and services plus an additional three hundred billion dollars in new research and development in U. S. technology concerts by but also repeal Republican backed tax breaks for US corporations that move jobs overseas the plan will be the centerpiece of Biden's economic platform for his fall campaign Mike Rossio Washington
"three hundred billion dollars" Discussed on KGO 810
"The morning this is America in the morning from Westwood One news I'm John trout it's Wednesday April twenty ninth twenty twenty coming up on America in the morning despite some health concerns president trump moves to keep meat processing plants open I'm Bob Costantini at the White House the capital position says the house should not come back next week and president trump has plenty to say about it they're enjoying their vacation I'm Linda canyon in Washington a lower transmission rates hospitals fill below seventy percent of capacity fourteen days phases new York's governor sets guidelines for re opening regions of his state in mid day I'm Steve cast the ballot stocks are coming off a day in the red as some big names like Boeing Facebook and Microsoft reported earnings today I'm Jessica adding her we're all feeling good good grief anger value for down the confusion and everything that's happening including kids I Jim Bohannon with more animals it's all ahead on American morning it is seven minutes after the hour with well over one million Americans infected with corona virus the defense production act may have a new use in president trump's tools for fighting the economic effects of the virus Bob Costantini has that and more from his post at the White House fears of a meat shortage growing out of plants in the Midwest having to close because of coronavirus among employees is on president trump's radar he's looking to an executive order to protect the meat Packers from employee and customer lawsuits regarding the virus spreading that'll solve any liability problems will be a very good shape we're working with Tyson which is one of the big companies in that world and do we always work with the farmers is plenty of supplies the president is allowing the secretary of agriculture to determine if the defense production act can be used to keep meat processing facilities open when they might not have the proper precautions and social distancing in his order Mr trump rights such closures threaten the continued functioning of the national meat and poultry supply chain undermining critical infrastructure during the national emergency any unnecessary closures can quickly have a large effect on the food supply chain the White House is expecting some legal challenges one unionized plant held a brief walk out to protest the lack of upgraded protection outfits the pork industry has been hit especially hard and across the meat board prices are expected to rise with some spot shortages on Tuesday small businesses reported encountering long waiting times English is to get a crack at nearly three hundred billion dollars in new possibly forgivable loans but even so president trump was celebrating the effort in the east room the president hosted business owners and one employee from each to talk about the first round of paycheck protection program loans aimed at putting Americans back to work have that peace of mind that I'll keep on their treasures staff but for those not brought back to work what about the idea of another round.
Embraer takes Boeing to arbitration over failed deal as shares plummet
"Been a busy weekend for Boeing earnings are out this week the company has decided not to go on with the major acquisition let's run all this down with Chris celebrate Chris yeah Boeing's been working for two years to buy an eighty percent stake in the Brazilian jet maker Embraer it pulled out of the four point two billion dollar deal late Friday wanted to go see the deadline passed but would want to grab the company which makes smaller jets so it could help it compete with rival Airbus in the regional jet market Boeing says every or fail to meet certain guidelines Embraer though says it asked for more time but didn't do anything to warrant this walk away so it's planning on seeking arbitration and damages the move saves Boeing a ton of cash which of course we've been talking about it desperately needs as the global airplane market continues to dry up some experts worldwide say that the sales are going to drop more than three hundred billion dollars in the airline industry roughly sixty four percent of the world's airplanes currently parked as demand for flights have disappeared Boeing is holding it so shareholders meeting right now and it's going to release its earnings on Wednesday it's expected that during that earnings call on Wednesday CEO David Calhoun's going on outside production and job cuts some analysts expect Boeing to trim its one hundred sixty thousand employee work force by at least ten percent maybe more some expect production cuts to
Boeing pulls out of Embraer merger talks
"It has been a busy weekend for Boeing earnings are out this week the company has decided not to go on with the major acquisition let's run all this down with Chris celebrate Chris yeah Boeing's been working for two years to buy an eighty percent stake in the Brazilian jet maker Embraer it pulled out of the four point two billion dollar deal late Friday wanted to go see the deadline passed but would want to grab the company which makes smaller jets so it could help it compete with rival Airbus in the regional jet market Boeing says every or fail to meet certain guidelines Embraer though says it asked for more time but didn't do anything to warrant this walk away so it's planning on seeking arbitration and damages the move saves Boeing a ton of cash which of course we've been talking about it desperately needs as the global airplane market continues to dry up some experts worldwide say that the sales are going to drop more than three hundred billion dollars in the airline industry roughly sixty four percent of the world's airplanes currently parked as demand for flights have disappeared Boeing is holding it so shareholders meeting right now and it's going to release its earnings on Wednesday it's expected that during that earnings call on Wednesday CEO David Calhoun's going on outside production and job cuts some analysts expect Boeing to trim its one hundred sixty thousand employee work force by at least ten percent maybe more
"three hundred billion dollars" Discussed on KSFO-AM
"Corona virus shut downs it provides more than three hundred billion dollars for loans another hundred billion for hospitals and corona tests lawmakers flew back to Washington the process will be slower than the called meeting groups to vote some will be wearing masks meanwhile the unemployment lines are getting longer another apparent wave of Americans have been laid off they were four point four million new claims for unemployment benefits in the week ending April eighteenth the number of new unemployment claims has been the millions for weeks now in the last month more than twenty six million people have filed for unemployment benefits that's fox's janica solo now on Wall Street the Dow is up more than three hundred points as the soil also rebounds today president trump will like but the Supreme Court has ruled today fox's John decker live in Washington the Supreme Court in a five to four decision that broke down along ideological lines ruling that a lawful permanent resident can be rendered inadmissible after committing a crime the decision could affect thousands of immigrants with criminal convictions many for minor offenses who reside legally in the U. S. justice breakout all writing for the majority that Congress authorize removal of non citizens even lawful permanent residents who have committed certain serious crimes Dave John more than a hundred thousand homes and businesses out of power across the south it by more storms doing damage that after tornadoes killed six people from Louisiana and Oklahoma to Texas America is listening to fox news right now it feels like the world standing still but if you look to the land different story forms backyard user turning seeds are being planted animals are getting grass is growing families are giving their all to the soil because no matter how uncertain things can never stops so to all those linked to the land John Deere says thank you because we all run.
House set to approve funds to replenish small-business program, bolster funds for hospitals
"Week president trump is urging the house to quickly pass an extension of the coronavirus small business relief program the Senate passed the more than four hundred billion dollar measure already the house is expected to vote later today package provides over three hundred billion dollars in additional funds for loans to small businesses and it also has some cash for hospitals and corona virus
"three hundred billion dollars" Discussed on Newsradio 1200 WOAI
"Originators there grant said ministration and it's free money when you put up a sign if they pre money is it any surprise that you run out of three hundred billion dollars the first day one out of two hundred fifty billion you know the White House told me when they were trying to get me to vote for this bill ten days ago if they're doing well making it big so we will have to revisit this issue I felt like the liar all good separately frankly all right well we get plenty of money there that that can leverage you will have to vote on anything like this again and here we are not even two weeks later and the talent they need well that the Senate Republicans are saying a quarter of a trillion and impose the thing and now we need another quarter of a trillion cedis behalf of trillion dollars not even two weeks after the first bill and they don't want anybody to go on record so what's in this bill Thomas do you have any idea I know that they're now saying the Democrats are saying they won't vote unless and I this this kills me unless we change our voting system in November and we allow some sort of remote voting for every American yet they won't remote vote for the bill yeah yeah they can enable remote voting for five hundred and thirty five members of Congress I don't think it's going to go well with the general public by the way that the state issue there are states that have mail in ballots in their states that don't there's no reason to nationalize death this is something that the state handle people need to get out the constitution they look at him and I will tell you something grand I feel very grand view church here in a few weeks of the governors don't reverse course the assembly line are shutting down people with when you see the jobless numbers those are people who are going to the factories that aren't working by the way yeah yeah we all like to think that the farmers are still working and they are for the most part that lifted that food goes through a factory that would be approved by the USDA center before it gets to your table no factories or shutting down plant over six water outlet giant meat Packers that they've shut down I know that I know that I know that the the farmers are now buying up I mean I have cattle on my ranch we're stocking up on food making sure that you have enough to so you're not selling your cattle because there's no one to take the cattle and and process the the meat I think we'll have meat shortages I think because of love lack of workers on the ground there's lots of five talk to farmer yesterday in North Carolina said he's ready to pull the crop up he didn't have anybody to do it and he can't afford to pay anybody to do it because he's not sure he qualifies for the loan because he only hires people two months at a time three times a year right and then what are they gonna do want they want there was a gonna make people come to work you know you've seen pictures of Gary's point out milk you're going to see pictures of cattlemen shooting their cattle and burying them they can't afford there's there's no fee to be had and there's nobody that will process them and meanwhile you're gonna have shortages in the supermarket by the way I've got a bill I introduced like five years ago to fix this call the prime act that would let local processors brought that me and you could sell it with inside the state and it wouldn't it would allow local processors difficult if needs so that you don't have farmers killing animals that are putting them in the comments Thomas this is the that is the kind of thinking that we need to get out you know Donald Trump was made fun of because America first but then that is all that is is think globally act locally every hippie understands that and all you're saying is give the local people a chance to do things without having to go through the federal government let the states do it the way our constitution was built so what's the what's the hold up on this one I think we have the hippies in Congress have co sponsored by bill it's a it's a collection of conservatives and hippies and the red tape is going to cause people to start here in a few weeks I'm telling you if something doesn't change it's gonna get ugly and the people who are still going to work the productive members of society they're gonna rip when neighbors start taking stuff from other neighbors and they're gonna be able to justify their mind right they're going to look at a neighbor who's got all this food and say you know my kids eat free eat that guy who ordered food that's not fair I'm going to take his stuff with people start taking other people stop then the then the productive members of society are going to stay home the guard there stop and it's going to just grind to a halt so quickly and we are we are we are we are weeks away you you you this is quite a charge I've been talking about food shortages now for a while but I don't predict them coming this quickly but this is quite a charge because nobody is talking about this where where are you getting this feeling Thomas that that we are that close to food shortages set significant food shortages talking to congressman Thomas Massie there's an article out yesterday they talked about six of the big giant meat processing plant to me one of the handles like nineteen adult day getting down to it you know because the workers have the adult virus and they don't have the tab the node at which workers don't have it it's better it's better there's their articles out there in just myself being a farmer I've got sixty five cattle and I can tell you the price the cattle is going down meanwhile the price is going up in the supermarket and it's called right because because the supply chains are brittle and we need to get we need to change course because by that by the middle of the summer if something has been changed it's going to be ugly so Thomas what it what should people be doing right now they should be they should be telling the governors to turn the economy back on they should put a mask on they should quit listening to the people who say that math don't work they should put a mask on the players should provide math when you when you get to work we need the cheap path quickly we need to know who's got the munity compared to them because they've had it recovered we need to know who's got the virus they need to stay home instead of walking down the hall of the United States we.
"three hundred billion dollars" Discussed on 790 KABC
"Right ABC news live local six on nine years dozens more are now in quarantine at a military base in northern California they were rescued from a cruise ship in Japan which had been docked for two weeks fourteen of the passengers are infected with corona virus in thirteen were taken to Nebraska including a couple from Santa Anita there is also came back after they left the ship officials say these people weren't showing symptoms of the time and were isolated on the plane the new arrivals at Travis Air Force base will be kept separate the two hundred thirty four people still in quarantine for few more day presidential candidate Bernie Sanders is rallying supporters in northern California seniors to the loudest applause from the crowd in Richmond when he spoke about the need for healthcare reform we save over three hundred billion dollars a year by moving to a Medicare for all seeders outlined several new policies he would inactive elected president a group of federal judges is concerned about the intervention of the justice department in cases like that of long time trump associate Roger stone USA today reports the independent federal judges association called an emergency meeting to discuss the recent events in the courts of Los Angeles are trying to dismiss some sixty six thousand marijuana conviction still he will report some of those convictions date back more than five decades in twenty eighteen state lawmakers approved legislation that required the department of justice to go through conviction records in California and find cannabis convictions that were eligible to be expunged or downgraded to misdemeanors after recreational marijuana was legalized in the state in twenty sixteen cases include sixty two thousand felony convictions for marijuana sales with forty five percent incarcerated being Latino thirty two percent black fills you live K. B. C. sports neither NBA team is an action with the all star break Anaheim lost the Calgary six before earlier today Denny Hamlin when's the sixty second running of the Daytona five hundred that's sports on the new home of.
"three hundred billion dollars" Discussed on WAFS Biz 1190
"One forty eight in the afternoon in Tokyo a live shot of the imperial palace the only end up losing a little bit higher at one oh seven eighty five for the folks at TD securities say it one oh five is no realistic range after the I. S. and services printed significantly weaker than expected alright it's time now for African focus each week we hone in on some of the biggest market stories from across the continent doing us now from Johannesburg is our south African deputy bureau chief I'm on bottom the cocoa harvest season is upon us what can you tell us about this year's crop and how it how it spared compared to some of the recent ones. well I agree because which is the world's largest cocoa being produced that is on course for a second straight record crop but its plans for bigger control over prices for the following season may cause some major uncertainty for trade is while the minimum pay by Warren FAMAS is gradually recovering Ivory Coast as well as gonna which is the second largest cocoa bean bridges that want to implement a new strategy which will add a premium of four hundred dollars. all of this of course in an effort to pay farmers more while the minimum eight five Lauren FAMAS has been recovering this still some concerns that they've not really made a lot of headway in terms of that what what triggers are seeing though is that this new free premium could be an absolute and complete at the nightmare of course this because they are uncertain about whether they'll be able to see age this new premium. what this comes down to is that chocolate lovers may need to pay a little bit more for that intelligence in the next few months. that's a high price to pay what about some of Africa's finance minister he is facing a position on some of his proposals. I chew and of course all of this is in anticipation for that mid term budget review hello he will deliver at the end of October we know the finance minister if you don't believe me released a discussion document just last month of course some of the contentious issue the proposals within this discussion proposal really center around the country in battle how you tell it to you we know that it is the three hundred billion dollars deep in debt and some of the proposals really seek to revive economic growth which has been struggling in South Africa how do we know that the ruling African National Congress held its national executive committee meeting at the weekend so we we waiting to see exactly what are the outcomes of that meeting which they will announce later today at a briefing economists and and it is really looking to see what the party wants to see about that discussion a document and with the left up some of those controversial policies particularly ahead of movies review on November first. and what about the anti immigrant violence between South Africa and Nigeria it's been a few flare ups now plans for a top level meeting. exactly and this of course just comes a week after as you pointed out the what violent attacks on and on immigrants and this really strained bilateral relations between some of thought that because he partners on the continent me no that's not African president hello from up with a will be hosting Nigerian president Muhammadu Buhari our first state visit of course this also goes to church trying to ease relations however a lot of the focus will also be on trade we know that particularly off the African nation find that Africa continental free trade agreement is really more of an effort to balls the trade among their peers on the continental trade will definitely be a major major focus of course all of this in the context of what is being anticipated as a global economic slowdown and also the U. S. China trade tensions. thank you very much that's in both our south African deputy bureau chief coming up Bloomberg size and scope.
"three hundred billion dollars" Discussed on 760 KFMB Radio
"Completing a three week course of radiation therapy that focused on a tumor in her pancreas a Supreme Court statement says the tumor was treated definitively and there's no evidence of disease elsewhere in your body as a trade war with China intensifies president trump is telling US companies to stop doing business with China Beijing announced it will impose new terror of sun seventy five billion dollars of US products that's in retaliation for Mr trump's plan ten percent tariffs on three hundred billion dollars of Chinese goods next month CBS is we Jiang has more seven is keeping us on our toes because we don't know exactly how he plans to respond we can tell you that just a short bit ago he wrapped up a meeting here at the White House with his trade team and just over a week ago someone specifically asked him you know what happens when China retaliates and the president said he didn't think that was going to happen but if they did they would face the quote all to make a form of retaliation the president is blasting the federal reserve for doing nothing at its annual get together in Wyoming CBS news business reporter Jason Brooks said sure Jerome Powell told is Jackson Hole audience that the central bank will act as appropriate as the global economy slows down he didn't spell out a rate cut in September but said the fed will act as appropriate to sustain the U. S. economic expansion conservative political activist and billionaire industrialist David coca's died at seventy nine after a long battle with cancer with his brother Charles David was a major force behind the scenes of Republican politics funding candidates and causes that match their economic philosophy political analyst Larry Sabato coke was a libertarian particularly on economic issues he was a strong supporter of free trade and for that reason was not supportive of president trump investigators are trying to figure out why a Georgia woman killed her grown son and daughter before taking her own life fifty eight year old Marcia Edwards bragged about her grown children on social media shortly before she and her son and daughter were found dead in their town house in Cobb county northwest of Atlanta she wrote on Instagram that she quote could not ask for better children police say Edwards killed herself after fatally shooting her twenty four year old son and twenty year old daughter the younger victims father is Edwards ex husband and a prominent it let the surgeon Jim chrysalis CBS their stocks down across the board the Dow was off five hundred forty three points this is CBS news.
"three hundred billion dollars" Discussed on KSFO-AM
"Why they were out there yesterday they're out there yesterday because they're concerned about what the terrorists will do to economic growth yes yet we have to be right right right right why they're out there yeah they were out there yesterday Kudlow Navarro both out there yesterday saying we need to be optimistic optimistic optimistic optimistic because they're afraid what the terrorists are going to do I believe there was panic in the White House when the president said terrace on the three hundred billion dollar start September first the reason they pulled back economic growth at a time especially on the consumer products that would be affected at a time when consumer products are really above a huge part of the economy well is an interesting that the same week that they pulled the terror soften what would hurt consumer spending is when we find out the consumer spending is the one thing that's giving them Optimus right yeah it's floating the boat right now it's a floating about yeah so it all makes sense when you think about it this isn't rocket science for anybody to figure out but for Kudlow that's the thing we really look for people that don't know we really like Larry Kudlow we agree with Larry Kudlow Larry Kudlow we're very happy when the president put a man in his administration the problem with the president as he doesn't listen Larry Kudlow enough so for us it's tough to see Larry Kudlow out they're not talking economics but preaching optimism yeah right and a communist in my in my book don't preach optimism you may talk about they talk about the the the figures on the number you look at the data you look at the data so we we shall see we we shall see what we know the position that Larry is it yes we do and so but the fact that is that there you can still focus on on that I think and and have a consistent message within at least within his within his purview to borrow from smaller that's within his purview to look at that positive numbers and not have to go outside and and it anywhere outside of that at all Navarro is a completely different picture we we get Navarro Larry Kudlow is not tomorrow no there's no there there on the opposite end their polar ends of of of of how economists think get he's a protectionist Larry Kudlow is not right so like I said we'll see what was the other thing it just popped in my mind popped out I'll get to it it will come back to me yes I'm sure in the next few minutes yes eight six six not in the right eye with.
"three hundred billion dollars" Discussed on WNYC 93.9 FM
"In Asia have hit global stock markets in a few minutes we'll talk about Donald trump's threat to impose tariffs on almost all Chinese imports into the US from next month adding a ten percent tariff on three hundred billion dollars worth of goods added to the twenty five percent tariff already imposed on two hundred and fifty billion dollars worth of trade that's because European bosses to full the Frankfurt dax was down more than two and a half percent to forty one hundred down almost two percent and the battle between South Korea and Japan isn't helping either Japan's taken South Korea off its white list of countries that are permitted to buy materials that can be used in weapons manufacture those happen to be vital materials for south Korea's technology companies to Japan says it's responding to the south Korean Supreme Court ordering Japanese companies to pay compensation to those forced to work during World War two Japan says that issue was settled years ago for its part south Korea's warning that it might stop sharing military intelligence with Japan south Korea's president moon jae and said Japan was being reckless bots that talks with the only way to resolve the issue we've been going on even at this moment the green government does not want a vicious cycle of **** for tat there is only one way to stop this the Japanese government must withdraw its unilateral and unwarranted mesh us as soon as possible and take the path to what dialogue known which you only intensifying row has its roots in a troubled history this led to a number of protests on the streets of Seoul as our correspondent Nora Becker explains.
"three hundred billion dollars" Discussed on WTRH
"News this hour townhall dot com I'm Rhonda roster with president trump headlined a campaign rally in Cincinnati Thursday night where he says Democrats in their policies of destroyed the nation's big cities at a higher price for the far left destructively gender than Americans living in our nation's inner cities they have paid a dear price you see what's happening you see our inner cities we spend billions and billions and billions for years and years and years I've had stolen money and it's wasted money and it's a shame the president telling highly partisan crowd America will never become socialist or entertain a socialist agenda and the GOP agenda will continue helping families and help the country authorities are still working to determine the motives for a mass shooting at the Gilroy garlic festival in California that left three people dead more than a dozen others wounded Gilroy police chief Scott Smith he says at this point they're not ready to say the suspect that police shot and killed is the only suspect I don't think I'm prepared to say absolutely I'm feeling very confident of that hi but again there's so much data to go through and so many witnesses to talk to you SO much video to go through I I think I'll wait to we've gone through all of that before I make that an absolute about a hundred FBI agents from around around the country trying to determine the motive reason the ideology for the nineteen year old who opened fire at the weekend fares south of San Jose investigation includes profilers an agent's checking social media the agent in charge says it's still appears the team picked his targets at random president trump intensified pressure Thursday on China to reach a trade deal by saying he'll impose ten percent terrorist beginning September first on the remaining three hundred billion dollars Chinese imports he hasn't already taxed news and analysis at town hall dot com you know I'm not a genius.
"three hundred billion dollars" Discussed on Bloomberg Radio New York
"The Bloomberg business slash at seventeen past the hour let's get you caught up on what's happening we have a risk assets being sold today after president trump said he would impose a small additional terror of ten percent on the three hundred billion dollars worth of Chinese imports that aren't yet subject to U. S. levees Dow industrial average right now weaker by eight tenths of one percent we have in the broader market the S. and P. five hundred down seven tenths of one percent crude oil being hard hit W. T. I. in New York trading down more than seven and a half percent fifty four twenty and energy shares not surprising moving down in sympathy and leading the decline of the S. and P. five hundred in the nasdaq market after being up nearly one and a half percent earlier in the day the composite index is down by six tenths of one percent where are we in treasuries ten year right now with a yield of one point eight nine percent so we're down twelve basis points the two year at one seventy two in yield minus fifteen basis points and where the currencies are concerned we've got a weaker dollar and a rally in the Japanese yen the end right now up by one point three percent against the greenback at one oh seven forty three Chicago Nikkei futures imply a very rough ride for the Japanese equity market when things are up and running later today spot gold in New York fourteen thirty nine sixty five the game there is nearly two percent you're caught up on markets let's get back to Bloomberg businessweek thank you die again and Taylor rakes here which you sing Kelly and this is Bloomberg radio we get the numbers from General Motors haven't see much watch both for their size.
"three hundred billion dollars" Discussed on News Radio WGOW
"I knew god troll ten hours the navy's problem hi Mike Morris with trade talks not going very well with China president trump says he will impose an additional ten percent tariff on three hundred billion dollars worth of Chinese imports beginning September first correspondents are west ward at the White House president trump is also pointing to the fact that China's promise of increased purchasing agricultural goods from the U. S. has never materialized terra finance but is quickly wiped away a three hundred point gain for the Dow the justice department has decided against bringing charges against former FBI director James call me for his handling of memos deemed confidential justice correspondent Evan parens the inspector general's investigators decided that they were referred this for possible prosecution and justice department prosecutors have declined to bring charges against the former FBI director James calmly in part because they did they determined that because the M. the memos in question were not we're not classified at the time the Senate's passed a budget and debt bill the two expected to get the president's signature more from correspondent Jerry bowed lander final congressional approval of the two point seven trillion dollar measure came on a vote of sixty seven to twenty eight the measure already approved by the house eliminates the prospect of a government shut down at the end of next month as well as automatic spending cuts the measure contains something for both sides Republicans can point to increase defense spending while Democrats can tell the increased funding to fight opioids the Abell running the navy seals is concerned about a behavior in discipline problem it is demanding answers Pentagon correspondent Barbara Starr what ammo green is telling his commanders is by next Friday he wants their details on what problems they see and what solutions they are ready to offer on Wall Street stocks were up strong today but they're down since the president's terrified else with the dell currently down one hundred twenty two I want students can now audition for the professional actor training program at Chattanooga state community college this to your acting program is designed for students who desire to pursue careers in theater film and television model after the New York actors workshop the training program in New York City the professional actor training program.
"three hundred billion dollars" Discussed on KLBJ 590AM
"Misunderstandings is that somehow this increases spending by three hundred billion dollars now it's three hundred billion over sequester which would never have occurred the other big misunderstanding is this is the budget no this is less than thirty percent of the budget on bulls and bears on the fox business network this is fox news americorps mopac a little more info about this that is only for the actually use them CPR may board member David singleton says there needs to be a study in hell speed relates to the price of the variable tolls which rise and fall based on traffic volume I don't care what the speed limit and if there's too many cars in there that you're not gonna go seventy and you'll be looking at the fifty five the term is considering digital signs on mopac telling drivers how long it'll take him to use the tolling versus a non tolled lanes which could free up more space for paying drivers also police are investigating a suspicious death in South Boston shots were fired here William cannon and I thirty five and a twenty one year old man was found by police and taken to a local hospital where he died anyone with info on the death of lose Jurado gaeton says to call a PT homicide detectives Austin police arrest a man believed to have shot another man to death in east Austin over a drug debt tips led the thirty one year old markets gives junior gives is wanted for murder in Philadelphia your tail we generate our weather watch clear record breaking cool overnight lows sixty three get Austin is on demanded newsradio Kaylee J. dot com judge in San Diego ordered seventeen search warrants be unsealed in the investigation of John Ernest the twenty year old nursing student has been charged with murder and attempted murder for allegedly opening fire at a synagogue in Poway in April a woman was killed and three people were injured media organizations and asked for the search warrants to be released arguing that such transparency we have a therapeutic effect on the impact of community authorities say honest published a manifesto online before the shooting in which he wrote that he needed to protect the European race from the Jews expressed admiration for the New Zealand mosque shooter as well Jessica Rosenthal fox news the board of the company that owns Victoria's secret and other brands is hired an outside law firm to review any role financier Jeffrey and steam may have played at the company as he is currently jail a federal sex crime charges involving underage girls Chicago police say they've made arrests in the beating of a mentally disabled team Chicago police say three teen girls have been taken into custody in connection with a violent beating of a fifteen year old girl with special needs the attack appearing in a viral video we see the beating happened during the time the girl had gone missing for about five days all three suspects have been charged with battery and mob action others are being sought police are also investigating whether the victim was sexually assaulted in Chicago Jeff man also fox news leaders of a small Arkansas city planning to draft an ordinance next month addressing a problematic rooster that's been attacking area residents Jasper mayor Jan Larson said the vicious rooster scratches in cases people he's as a woman fellow fleeing.
"three hundred billion dollars" Discussed on AM 1350 WEZS
"Agency says it means he was won't let me new tariffs on the three hundred billion dollars worth of Chinese goods as two countries restart. Trade talks the president saying ahead of the meeting. We want to do things that will even it up with respect to trade. I think if something that's actually very easy to do. I actually think that we were very close, and then we something happened where it's a little bit, and now we're getting a little bit closer but it would be historic. If we could do a fair trade deal, the US and China trying to deescalate the yearlong trade conflict. The president went from his meeting with the Chinese president Xi to a one on one with Turkey president, you aired a one. President Trump says the US has a complicated situation on how to respond to Turkey's deal to buy a missile defense system from Russia and says the US may have to impose sanctions on east on bull. President Trump participating short time ago in the wrap up of the ceremony for the g twenty summit and also. Doc, japan. Title j cycle. President will now head to South Korea where he may meet with North Korea's Kim Jong UN dot is if Kim responds to a surprise tweet the president sent Friday inviting him to come to the DMZ between the north and the south and shake hands. Just as a friendly. Hello. This is Fox News. Fox nation is the place for exclusive.
"three hundred billion dollars" Discussed on KQED Radio
"Whether it's going to be this need for new technology or more of existing technology. Can you tell me about seven them? Yeah. So the entire Konami basically is naked long climate risk. There aren't any hedging strategies yet for it. I mean your house your weight one kid on Q backup. What does that mean that means what now naked long climate risk? So k every single acid that exists is going to be affected to some degree positively or negatively by climate change. So out of teaching is the idea that you need to begin to invest against those changes, and we think of first step in that is setting, what risk and impact is actually going to be changed by climate change. And also, then beginning to address those changes and risks and impact by finding the things that we use today to address those things to do all the problem that is much larger and more complex in the future. If you really play this scenario forward based on the recognition that climate change is happening in will impact virtually everyone on earth. The business opportunities seems really. Profound first and foremost, we need to recognize their climate change is a humanitarian disaster. This is increasing loss of life. This is causing massive amounts of displacement. So there's a huge problem that we're just accelerating not to mention the impact and by diversity in terms of the scale of opportunity, I'd actually make a stronger form argument, which is the current estimates and projections by the UN EP is that this may the effects of climate change problem may cost up to three hundred billion dollars a year by twenty thirty in developing countries alone, and the estimates. Just keep eating larger that kind of money is not available in public aid, or government funding, and I'd say, in fact that without being able to harness the flow of private capital, entrepreneurship technology investment, and action from the private sector, we're going to face a much, much more challenging experience with the effects of climate change flowing through over the next several.
"three hundred billion dollars" Discussed on WAFS Biz 1190
"What is really Francine exactly how to stimulate? So they're going to put the focus really on these fiscal measures, particularly the tax cuts as as you mentioned. We've already heard when this National People's Congress kicked off ten days ago that they were planning tax cuts are the on three hundred billion dollars worth two trillion Yuan. What we heard from primarily could today at this press conference that wrapped up its annual parliamentary event was part of these tax cuts would come into play as early as April. The first this is a three percent cut to a VAT VAT, which is likely to benefit in the manufacturing sector, which is of course, being squeezed by the slowdown here lack of demand, but also the trade tensions and trade wars. Well, we also heard from primarily Jiang as you say that they want to avoid what he described as a flood of liquidity to support the economy. They we're gonna continue with Tom did measures as well as the tax got targeted measures like cops to the reserve ratios for banks and other Bank other measures to lower. Interest rates, particularly in the in the Bank lending markets. That is the focus on is a policy prescription the Premier Li ka Chiang laid out whether or not it is enough given the challenges and the downward pressure on the Chinese economy. Of course, a trade tensions continue is another question. Tom. How far does the new foreign investment? Like, actually go to address US trade demand. Well, this is a pretty significant change in the law that has been voted on at least rubberstamps by delegates today this foreign investment law which takes over from three previous laws. It's going to be pretty significant officials here say it's going to level the playing field in theory. They also say that it's going to ban things like force tech transfer that foreign businesses will be able to bid for some government contracts. They'll also have an appeals process if they lose out on any of those contracts in reality, though, many including the American of commerce have said that there are significant concerns around this new law and a lot of it will come down to just how it's implemented. It's expected to take place and kick in from the first of January next year. And there are also big question marks. Joint ventures here which number about three hundred thousand because they may well have to rewrite their contracts with their Chinese counterparts over a number of years, and that could lead to a number of different difficulties, according to the likes of the American Chamber of commerce and the European business chamber here as well. So it's gonna come down to implementation and also how local governments and the different ministries interpret this new foreign investment law. What Tom if there is actually an agreement on trade how much does that actually help the Chinese economy? This seems to be the big debate. Whether the Chinese economy is slowing down in per se right domestically and whether trade will actually boosted significantly. I think it's fair to say the slowdown continues. Anyway, regardless of whether or not they get a deal. The importance of getting a deal is more about sentiment, and when you speak to business executives here around the country. It is that mood that sentiment that concern about a lack of investment foreign investments in China and also the restrictions on Chinese businesses. Investing in the US, you have the tariffs, of course. And you've seen the impact there. So for the months of January to February saw exports China to the US falling by about fifteen percent. So it does have a material impact. But it's more broadly the sentiment, I think that could change if you do get a deal. And of course, the questions are what kind of deal, you get just how consequential that deal is if it just as a cosmetic deal, then there are some who say look longer term this could just lead to continuing tensions and flare ups between the US and China. Great word. Thanks so much. Tom MacKenzie house has a new show on a Bloomberg TV and radio that is based. In beijing. It's fantastic. So she can catch it on all of our platforms coming up, we speak about the markets. We'll be joined by coots chief investment officer. And if you're soon in the office, be sure to check out more great interviews on Bloomberg TV by going to TV go on your Bloomberg terminal. We have plenty of stories today. Of course, the markets kind of moving sideways, we're trying to figure out what happens next week when it comes.
"three hundred billion dollars" Discussed on KNBR The Sports Leader
"That was like three or four years ago. Ran a bunch of people. Great call. They went and they got Matt camp. They got a Justin hunters yet. They got Derek Norris from the as. Yeah, you're right. It was right after Adrian. Yeah. We were. All scared. Giants fan through scary, James shield, eighty million bucks. Not nothing. Good call on that. So the Padres. And then they had to redo it. Then they went Andy green and went young with their manager. So by the way, right after so that that Machado tweet from from John Hayman at two thirty seven yesterday three twenty one less than an hour later. Word is Machado will go for the best deal or the most money if he's willing to do something short term, then he says he should call the Yankees back the Yankees out of like six infielders this year. Are they still don't think they're still in on Machado? I really don't. I assume that John Hayman knows more than I do. But I don't believe they're still in says it will go for the best deal. Yeah. Obviously. Thank you very much shuttle wants as much money. She can get the guy who tweet you keep saying the same thing over and over again using different words. Yeah, he stopped. That's exactly it f p Santangelo former caviar employees here. Put the the big foot. Exciting tweeted on the Bigfoot evolution thing from like the hunched over Monte going all the way up to the human says these tweets are evolving. Yeah. So Jon Heyman just keeps putting this crap out another one here from Heyman yesterday at five three Padres are kidding around. And they're said to have made a serious offer too much auto and Harper we knew this ten days ago, we know who last week that the Padres flew out to meet him. He's just tweeting to tweet. Now, you're not giving us any new information. Here's the thing if Bryce Harper and the Phillies were ready to make a deal, and if the Phillies had exceeded the three hundred billion dollars that he'd been offered supposedly by the nationals. Now, the nationals have not actually said that they offered three hundred billion right at the end of the season. There was an undisclosed amount that they offered. Number. Remember the the nationals and through Bryce on waivers to to see if maybe they could work something out before the season. And it didn't happen. Weren't able to work out a deal, but they have not declined or accepted, whether or not or or acknowledge whether or not that was a three hundred billion four ten year offer, I've got to believe that if that offer came about or something right around that Bryce would've taken that offer. And how do we not know he doesn't stay in Washington? They still my thought is that he has not gotten. I thought is that he's not gotten the three hundred or the ten I don't think so either I think he's probably somewhere around eight to fifty. Right. I ended up having to take. And I think he wants more than I mean. That's the thing is if you really wanted to be in Philadelphia he would have worked this out if Philly hit offered more than three hundred million. Taking the offer. So I've got to believe that this thing is still open, which is why the Padres become much more of a factor. Now, by the way, you are listening to Kamiar San Francisco KFC and HD two San Mateo, the sports leader. We'll continue with the Bryce watch. And we'll continue keep an eye on John hayman's tweets. John Hayman last night an hour after that last one on Bryce Harper. While the Phillies have made progress and are seen as the favourite, especially with the self-proclaimed stupid money. Several teams have served to still be involved including both the giants and the Padres. That's one hour after he told us Padres are messing around. Eight forty three last night. One interesting dynamic to this market is that there are three. This is the worst one. There are three prime teams that have shown interest in both stars Phillies Padres and White Sox Phillies have been confident the land one, which means at least one of those other teams won't get some. This is ridiculous, dude. You're telling me three teams are in. But there's only two players which means if each player goes to one of those teams this is just simple math now. Now, he's just teaching arithmetic via tweet forget this, stinky, John all right? Let's go out to a we have some hundred Strickland sounds so hunter Strickland went up to two and I miss this. I'm Dijurovic forget might be hit me with this last night. So this is gold hunter Strickland signed by the Seattle Mariners who in a rebuild of their own right now. And he put I guess an Instagram Instagram video yesterday for some reason follows hunter strict on Instagram. So he puts out his video where this is a risky thing to do. Now. It's your first season where the team he's. Got no ill-will or no bad blood there. I guess so this is okay. If he were to do this here in San Francisco, probably catch a little bit of heat for it. So instead, we'll just give him the heat anyway from from down here in the bay area. Hundreds Strickland asked fans of the Seattle Mariners to suggest new walkup songs for him for this year. Here's his Instagram. Video. What's up, y'all? So if.
"three hundred billion dollars" Discussed on The Bitcoin Podcast
"Their bitcoin cash, but we're not trading for own account. So we're never on the other side of customer trade. If you traded with Paxos Paxos is not training against you. They are making sure your training with somebody else. And so that's really important being third party agent. Is something we take seriously. I think means we're always aligned with our customers to try and get them the best price in the best execution. It's not about trying to incentivize ourselves. We want you know, the most tippety to happen. And so that's how we approach our custody not see business and at the end of the day when you're building a business. It's about relative speed. And actually in environments like this. It's easier to go faster than other people because there's less capital that's available. There's less business to go around. And so this is when I kinda look at it as as a great time to invest in the business in invest in areas, others aren't doing some players apartment how they're not gonna try and services studio market. And whereas we think it's really something that we want to continue very much focused on and we can therefore go faster than others overtime that helped you build a stronger business agreeing I guess the last part wanna touch on with Paxos is there's also a precious metal medals side. Let you in this kind of intrigues me because I find that I think storage in in times of central uncertainty. I guess they call like when governments are doing. We're things usually precious metals kinda. Increase in value, or at least, that's what I've read. And that's what I've studied on. And seems like they should be doing that soon. According to what's going on in the world. But could you elaborate on the precious metal side of of what Paxos does and especially this confirmation service. So we the way we think about our businesses. There's really kinda four to one is the brand which is on crypto native assets. So assets that are the blockchain at your trading. We have a cash business that's stable coined business. We have a commodities business and within that precious metals. We'll talk about what we're doing there. That's very specifically that product, and we also securities business in that's involved in all kinds of STO's. Now, what we do in precious metals we've approached with over ways is we're able to confirm our clients trades with the idea that they'll be able to settle. Those trades in the work through us. So right now, we have confirmed over three hundred billion dollars of precious metal trades. We launched the service in basically August, and we've handled something like a almost two hundred thousand different trades. So we have a lot of him that we've confirmed to move through and that's about now, not just making sure trades match because everything in the precious metals market, actually happens pretty much manually. So we can make sure the trades match between two counterparties, and then we can settle the trades moving medals moving dollars and able to token is precious metals in the process, and so that's what we're really trying to get to his how can we take a physical asset and digitize it and allow it to move in a different way. Right. The problem with goal this man, mogul, bars hard, and it You know, was. it's not very visible. And you know, it's in this is the kind of a cumbersome process to buy.