35 Burst results for "Twelve Billion Dollars"

Suddenly, The MAX Is Boeings Good News

Aviation Week's Check 6 Podcast

05:22 min | 3 weeks ago

Suddenly, The MAX Is Boeings Good News

"On january the twenty. Seventh europe's jasa became the latest regulator to lift. Its flight ban on the boeing seven. Three seven max. If only the day had ended there but boeing still had report is full year earnings for twenty twenty and they weren't pretty. The company reported its largest annual loss. Ever nearly twelve billion dollars. It took a six point. Five billion dollar pretax charge on the triple seven x program and push that aircraft's first deliveries back another year too late. Twenty twenty three because of the need for late modification. To the aircraft's flight control system. Meanwhile quality issues forced boeing to pause deliveries of the seven eight seven and the cash. They bring in ironically the companies brightest news. Maybe the return to service of the max and ramp up of production and deliveries joining me to unpack. All of this are three. Aviation week editors guy. Norris who recently visited boeing triple seven x flight test program in seattle sean broaddrick who extensively about the max and seven eight seven and jens flottau the leader of our commercial aviation team guy. Let's start with you. Is it safe to say that you were fairly stunned by this news about the triple. Seven x after hearing from program leaders just a month ago that the certification effort was on track. Thanks joe stunned is probably pretty accurate word. I would say you know having been there. I was looking face to face with with the team. There was sitting in the flight deck and this is only a month just over a month ago. Really six weeks. Maybe through is not the faintest hints that this was coming down the track. I certainly got the feeling that we wasn't just as i was stunned by this. I got a feeling that a lot. Of the even the company boeing themselves. Let's just get the feeling this really come out of left field a little bit so just to put people in perspective. We don't actually at this as we're recording this podcast. We don't yet know the some of the specifics involved and we don't also know whether The ramifications of whatever's happening with this modification how it will impact the timing of the proposed beginning of the certification flight test program now just to remind our listeners. This was due to happen Virtually any day now under the schedule that we were talking about in december. Where the faa what grant type inspection authorisation to boeing to begin building credit towards certification with flight testing. Remember the aircraft has been flying for a year. now was four in the flight. Test program So you know the the the verge now getting to that point that would mark the final brolin towards certification and entered service. So just now twenty four hours ago. All of that changed. We don't know yet whether the tiaa started that stopped or delayed we're presuming it probably well but at this moment we don't know so anyway. What's going on. Well we know that Boeing is basically saying what Dave calhoun boeing. Ceo said yesterday was essentially that There's to be some modifications to the actuation system of the flight. Control system particularly. He said firmware and hardware changes to the actuator control electronics. And he said that reflected our current judgement of global regulators compliance expectations. So does that actually mean well Digging a little bit deeper we understand that somebody has raised concerns about the potential for single points of failure in the in the in the flight control system. We're not sure if it means changes to the flight control electronics unit which actually manages the surface actuators through a series of remote electronic units or whether it actually applies to the physical actuators themselves as far as we know the all commonly provided by the same company japan. So anyway that's in a nutshell where we are with with what we know so far and i think it's pretty fair to say guy that they wouldn't have had you out there for all those extensive briefings if they knew things were going to turn south. So this obviously was a big surprise to boeing as well. Yeah absolutely joe. i think you know. Let's not be fooled here. Companies like to sometimes keep things to themselves when it suits them of course But i think in this era of trend you know. They're trying to be more transparent and i literally. I don't think anybody at the time of our meeting. Saw this coming down the track so very disturbing of course for them. The only thing is no. No yen's is going to speak to this a little bit more in a second. But you know looking. They've also indicated oversee. The impact of covid continues. This is built into their new expectation of deliveries. Now by the end of twenty three. And you know quite frankly They've been talking to the customers as well about as and and we should say that. So so they so they know that you know the market itself is not really ready to take this aircraft

Boeing Seventh Europe Sean Broaddrick Jens Flottau Dave Calhoun Norris JOE Seattle Brolin FAA CEO Japan
Apple reportedly steps up effort to build Google search alternative

Mac OS Ken

07:15 min | 3 months ago

Apple reportedly steps up effort to build Google search alternative

"Financial times ran a piece saying that apple is working on an alternative to Google search an interesting story. It's an interesting idea. According to the paper apple is stepping up efforts to develop its own search technology as us anti-trust authorities threatened multibillion dollar payments multibillion dollar payments. Google makes secure prime placement of its engine on the iphone already. There's so much about this story that's fascinating to me. It looks like first of all apple. Search engine is already running. Although it's not really a search engine exactly. The financial times says when people type in request for info from the home screen in iowa. Fourteen apple has started showing its own search results looking directly to websites rather than going through a third party in iowa. Fourteen today view. The report says the operating system shows apple generated list of search suggestions rather than the google results these results include auto compete style. Excuse me auto. Complete style. suggestions generated by apple showing that it is learning from its one billion users common queries. Okay see i kinda just want to read the whole story to you and then go back. Point-by-point it's the financial times. Why don't we start there. It's the financial times so of course. They're concentrating on the money. Part of it as if apple just started doing this yesterday. They keep saying that the doj is suing. Google for anticompetitive behavior at the center of that suit or near. The center of that suit is the fact that google pay somewhere between nine billion then twelve billion dollars a year to be the default search engine in safari. Everybody says for iphone. But it's for safari right. The doj in the past few weeks at right were suing. And i know we've known that that was coming for a while. But it's not like falcons can suddenly turn on a search engine from nothing. of course they haven't turned it on nothing Two and a half years ago. The got john john andrea. I'm sure i'm pronouncing that wrong He was the head of google search supposedly. They said it was to Increase their artificial intelligence capabilities and siri virtual assistant but he also brought eight years of experience. Running the world's most popular search engine the financial times. Points out. I mean sorry. It doesn't mean that apple is in creating an alternative to google i. I'm going to go ahead and keep reading. And then we'll i should have read the whole thing right. Experts financial times talked to Some of whom used to work for google. Say it wouldn't cost that much for apple to do this. And that apple has hired the talent to do it. That apple could do it because you can't just go in license somebody else's search technology if you're going to be an alternative google. I did not know until. I was reading the financial times story here and this could explain. Why dot go. I love duck duck. Go doug goes. Was privacy focused search engine and you can go there instead of google and you can type in your queries. And they're not being tracked and that's great They rely on being. It turns out their licensing beings technology. Now still your information as dang between you and duck duck go. It's not going anywhere. It's anonymous all that stuff. It explains why duct that goes results. Aren't necessarily as good as you might want. Duck tuck duck goes results to be apple. Can't just skin being. They can't just skin duck. Oh right they have to come up with something better if they're going to compete with google but not everybody thinks they're going to compete with google. Dan wong associate professor of business at columbia business. School said it would be extremely difficult for apple to ever catch up. Go-goes advantage comes from scale. He said and the endless user feedback helps to tune results and identify areas of improvement. Google gets hundreds of millions of queries every minute from users all over the world. That's an enormous advantage when it comes to data surprising. No one apple declined to comment for the financial times all right. There's so much about this. That's interesting and also i think kinda wrong in what. The financial times is arguing first of all. They're saying that apple is doing this because they're worried about losing the twelve billion dollars nine to twelve billion dollars that up. A apple gets every year from google for being the default search engine. I use siri as often as i can. I know people who don't use siri at all. Google still spending nine billion dollars even if he does get better. Google spending nine billion dollars for apple would not be a waste of money because there are lots of people who are always going to google it. They're not going to ask siri for whatever reason. I know that. When i'm out of the store i don't ask siri because i don't like to talk in public. I don't like to you know. Spread my business around. If i'm worried about a search engine tracking me. I'm certainly going to worry about you. Know saying out loud the grocery store or well. That's the only place. I go now saying out loud to the grocery store what i'm searching for. Nobody else needs to know that. At that point i will start typing stuff in at that point. Is it google that i'm going to. I have set my default search engine to duck duck go and that is another thing that this whole of this seems to sort of ignore. I mean the fact that we do have choices at this point. And i would imagine that somebody at least at apple will go ahead and argue. That what google is playing for is placement because people are lazy or people like google or don't realize they change it even though apple has made it clear that yes you can. Google earth could still pay nine billion dollars a year and not lose their money even if apple gets better at what. It's doing now as far as apple trying to build a search engine. That's going to replace google. I don't think so. I don't think apple is trying to replace a bill. The search engine that everybody is going to go to. Because i don't think apple wants that kind of headache. I think all of this stuff about siri better and about apple's being better. I think all of that is true. I think what apple would like is instead of going to any search engine you pick up your you ask a question you get your answer not kicking over to the. Here's what i found on the web. Not thinking oh. I need to go to google or i need to go to ulta vista wherever it is. I need to go to look up stuff. I need to ask jeeves by. Golly i think that's the part of this whole thing. That actually excites me. The most the idea that my virtual assistant could become more of an assistant unless a virtual thing that it could become a a source that i turned to to ask questions and get answers

Apple Google The Financial Times DOJ John John Andrea Iowa Dan Wong Falcons Doug United States Columbia Siri Headache
World Bank approves $12B to finance virus vaccines, care

AP News Radio

00:42 sec | 4 months ago

World Bank approves $12B to finance virus vaccines, care

"The World Bank has approved a twelve billion dollar package in financing to help developing countries buy and distribute coronavirus vaccines tests and treatments the initiative aims to support the vaccination of up to one billion people the multi billion dollar fund is part of a wider World Bank group package of up to one hundred sixty billion to help developing countries fight the cobit nineteen pandemic the group's president David Malpass says the plan is to extend and expand a far struck approach to address because of the emergency so the developing countries have banned and equal access to vaccines I'm Charles Taylor this month

World Bank David Malpass Charles Taylor President Trump
World Bank approves $12B to finance virus vaccines, care

AP News Radio

00:42 sec | 4 months ago

World Bank approves $12B to finance virus vaccines, care

"The World Bank has approved a twelve billion dollar package in financing to help developing countries buy and distribute coronavirus vaccines tests and treatments the initiative aims to support the vaccination of up to one billion people the multi billion dollar fund is part of a wider World Bank group package of up to one hundred sixty billion to help developing countries fight the cobit nineteen pandemic the group's president David Malpass says the plan is to extend and expand a far struck approach to address because of the emergency so the developing countries have banned and equal access to vaccines I'm Charles Taylor this month

World Bank David Malpass Charles Taylor President Trump
Mirati to Rival Amgen in Solid Tumors

Breaking Biotech

08:10 min | 5 months ago

Mirati to Rival Amgen in Solid Tumors

"So to start I wanNA talk about exact sciences ticker symbol e x a s, and they are now trading at around twelve billion dollar market cap, and what they announced is liquid biopsy testing data in six different cancer types showing a sensitivity of eighty six percent and a specificity of ninety five percent, and they did kind of a grab bag of cancer types. We have lung ovarian, liver pancreatic, and Alpha Jill. And so I did video on exact sciences quite a while ago I thought their evaluation was a little bit toppy back then and was waiting for dipped to buy, and that's what I did during the Cova crisis I took a small position and then I sold just recently at around ninety four and I think is trading just over one hundred dollars right now but this. Is Nice to see them kind of moving into new areas because I think one of the things that they're struggling with is leaning on their old testing kit the colours guard while all these other companies are trying to get into things like liquid biopsy, which it's going to be a real game changer in the space. Once these treatments get validated and approved by the FDA. Now. They're not alone doing this exact sciences is kind of just finally getting into this because other big players like alumina through grail they just acquired this private company called grail officially officially. We've garden health personalisation of been floating around and invitations. Well, who just acquired archer DSL there's a lot of companies in the space, but exact scientists has shown some pretty good success in their previous testing kits. So it just makes sense them to jump into this new area and be a good competitor. So I think right now probably a little bit toppy with the price around one hundred but I'm pretty pleased with the small profit. I made given the number shares that I have. So that's exact sciences. Want to move now into regeneration ticker symbol. And they're trading at a sixty billion dollar market CAP. I did a video on them also a few months ago, looking at kind of their staples in terms of the different products that they offer and I concluded that they were relatively over-valued back. Then I think now also a little bit overvalued, but it does depend on how well their product. So and the kind of revenue they can bring in obviously but the news that we heard is that they released data on their antibody cocktail for covid nineteen. and. What we saw is that it reduced viral loads and symptoms versus placebo in non. Patients who are infected with SARS co to and what they shared our results from initial cohort of two hundred and seventy five patients, and they also have nine hundred or more patients enrolled. So this is kind of a preliminary analysis that they're showing US and they've called it a phase one, two, three trials. So they're doing the PK the safety along with the efficacy and other sorts of secondary outcomes all at once and when I look through their stuff, they started off by kind of categorizing patients based. On Sarah Negative or zero positive and I, think it's important that they do this because we're looking at a treatment for covid nineteen and if people are already sero-positive in their bodies, already mounted an antibody response in order to bring down viral loads. So what regeneration is trying to pose here is that the negative patients which means they have not mount that antibody response have significantly higher viral load and they make a better target for most treatments probably also their antibody cocktail that they're gonNA share data with. So. Then the data that they show here shows a range of efficacy based off of viral load. So we have tended the power of four copies, parallel all the way to tend to the seven copies personnel. So quite a big range in viral load here and I just blew this up on the screen. What we're seeing is that at the higher viral load, the treatment and there two different doses here in the green and the red line, we see that much more dramatic decrease in the amount of viral load in. These patients and it does kind of make sense because if your body's already mounted an antibody response, the window of efficacy is just going to be a bit smaller than if it's before the at which your body's manning response. So I think for these patients, it's definitely positive data. They also looked at other other metrics as well and I'm not going to get into everything but they did look at a day to alleviation of symptoms and they looked at the overall population of patients. It's the difference of nine with Placebo. To between six and eight, depending on the dose that they gave the antibody cocktail with the negative group alone, the placebo was thirteen days and then the low and high dose was six and eight respectively. So obviously a big difference when it comes to whether or not the patient is zero negative or positive. So that's probably going to inform the FDA when it comes to approving the drug or giving some kind of guidance on which patients should take the drug and who are likely to see more positive outcomes from that. So overall. I think it's good. It gets a step ahead of the Gilead data where I don't think we've even seen a placebo group yet. So it's nice to see regenerate actually do this placebo controlled trial. We can see whether or not there is efficacy and I, look forward to seeing the rest of the data I'm not if this merits taking a position regenerate here given that they're such a large company already and they have so many different assets that are I would say more likely to contribute to their bottom line. This doesn't entice me to take a position, but it's nice to see that we're getting all these therapies are starting to see vaccine data, and this just makes me feel better in general that we're going to move towards being able to treat this disease and hopefully get out from under this and then Kinda recover with the economy. With that, let's talk about the main story for today, and that is morality Therapeutics Ticker Symbol M rt ex, and they're trading at a price of one sixty, two point zero five per share giving them a market cap of seven point two, billion dollars. Their Q. Two, twenty, twenty, net loss was eighty, three, million dollars, and this represents an eighty percent increase year over year there their q two net current cash is six, hundred million dollars giving them a runway of about until twenty twenty two I would say but let's also be careful that if they see positive data. This year or next year is a good chance that they're going to raise again. And what Morad is trying to do is develop targeted cancer treatments and they're specifically looking at solid tumors and even more specific than that are K. Rasa inhibitors, and so they have to compounds Marta six, eight, four, nine, and x, one, three, three. They're also looking at checkpoint inhibitor resistance with their compound sicher Vance it, and I'll talk about that in a bit later. To start though we gotta talk about chaos and the reason why this is so important is that chaos mutations are present in a large population of cancer patients. The first thing it's important to note is that chaos is pretty ubiquitous. It's a critical part of the map kinase signaling pathway, and this is very important in basically every single cell. This pathways involved in Cell Proliferation Cell Survival had differentiation here. There's a whole bunch of other stuff and it makes a little bit confusing because it is involved in. So many different pathways that if you were just to inhibit this molecule non specifically, you're likely to see significant side effects with patients. It's for this reason that it's important that we can come up with a targeted therapy that will only target cells that have a mutation in chaos rather than the healthy normal. KS. To talk a little bit more about its function, it works as a GT as and what this means is that it takes a molecule GDP converts it to GDP using that phosphate group to continue the signaling pathway. The next step is Raff or something like that mutations in. A company twenty, one point, six percent of all human cancers, and then I have here that chaos the predominant or exclusive Rask's mutated in three of the top four neoplasms that account for cancer deaths in the US lung colon and pancreatic. Cancer.

FDA United States Cancer Alpha Jill Sarah Negative KS Raff Rask Manning Gilead Solid Tumors Morad Marta
ByteDance Says It Won. Trump Says Not So Fast. TikTok Continues For Now.

Techmeme Ride Home

05:04 min | 5 months ago

ByteDance Says It Won. Trump Says Not So Fast. TikTok Continues For Now.

"Okay, here's what I can tell you. You can still use tiktok as of this moment president trump since we last spoke said he approved Oracle's bid for the US. Operations of tiktok quote in concept, and so essentially the US delayed the planned tick tock band by about a week as Oracle Walmart looked to take a twenty percent stake in Tiktok globals planned pre IPO round as well as of course, the deals to host talks us user data and computer systems quoting Bloomberg I approve the deal and concept trump told reporters Saturday as he left the White House for a campaign rally in Fayetteville north. Carolina if they get. It done. That's great. If they don't, that's okay too and quote the new company which will be called tiktok global has agreed to funnel five billion dollars in new tax dollars to the US and set up a new education fund which trump said would satisfy his demand that the government receive a payment from the deal quote they're going to be setting up a very large fund. He said that's their contribution that I've been asking for an quote Oracle plans to take a twelve point, five percent stake in the new tiktok level. While Walmart said, it has tentatively agreed to by seven point, five percent of the entity. Walmart's. Officer Doug Macmillan will serve on tiktok global's board of directors. The retailer said in a statement for of the five board seats will be filled by Americans according to the statement tic TACs. Owner Bite dance is seeking evaluation of sixty billion dollars for the APP, according to a person familiar with the matter Oracle and Walmart would pay a combined twelve billion dollars for their stakes. If they agreed to that asking price, the final valuation has not been set as the party's worked out the equity structure and measures data security. The person said terms are still in flux and the proposed valuation could still change and quote. Yet more about that flex in a second but more about that five billion dollar payment to the government. The president mentioned I. Guess That's the key money by another name that he was asking for all along except that seems to have come as news to at least most of the parties involved Oracle later confirmed it to a degree but quoting Dan primack on twitter. More about tiktok quote Payments Number One the Education Fund is not to fun trump's patriotic history project number two, the five billion dollar figure is not codified anywhere and no one expects it to be anywhere near that big number three, the five billion dollars to the Treasury is anticipated payroll taxes over an unspecified period. Of Time, there will be an education focused effort using tick tock short video format distribution tool, but there is no dollar amount tied to it with trump seeming to inflate the payroll tax figure with the Education Fund remember Tick Tock doesn't have five billion dollars at least not until its IPO wants to complete within twelve months and quote. So. Again has this all been Kabuki theatre make the president think he's getting his key money. Give a politically connected firm, a sweetheart deal, and even if the five billion dollars is really not going to be five billion dollars again, we have the president of the government forcing the investment of private property, giving it to favourite entity and essentially asking for a kickback exactly. What happens in Banana Republics Super? Oh and about that whole thing being inflex bite dance. This morning was asserting that it is maintaining majority ownership and control over tick tock global and will not transfer any source code or technology to Oracle or Walmart so essentially waving a flag saying they won. Quoting the Financial Times bite that set on money that it would maintain majority ownership and control of tiktok global contradicting statements by Donald trump oracle, and Walmart after it agreed a deal with the companies to continue operating in the US Oracle, the US technology group, and Walmart, the world's biggest bricks and mortar retailer said in a joint statement at the weekend that Tiktok level would be majority owned by American investors and quote however while they're state combined with the equity held by. Long standing US investors by dance might mean, American investors would be the biggest financial beneficiaries, direct majority ownership and control of the business is set to remain with the Chinese company in a statement released on January tat chow by dances Chinese social media platform. The company said tiktok global would be a quote one, hundred percent fully owned subsidiary. The company added that after raising funds ahead of a potential initial public offering, it would have an eighty percent stake in the company and quote. So maybe that wasn't a good thing to go spouting off about because this either means now the deal is really off. Because the Chinese side really doesn't want it or else the deal is off because the president isn't going to be pleased about that more in just one second or else everyone is just GonNa declare victory and. Meaningful has actually changed my money's on that but hard to tell at this point because to conclude. About thirty minutes ago. President trump. said, he would not approve a tick tock deal bite dance ceded control, and well I don't know.

Oracle Walmart Walmart President Trump Tiktok Global United States Donald Trump Carolina Education Fund White House Bloomberg Fayetteville North Treasury Tiktok Twitter Doug Macmillan Officer Dan Primack
Science, Economics And Vaccines

The Indicator from Planet Money

05:32 min | 6 months ago

Science, Economics And Vaccines

"Dr Stanley Plotkin develop vaccines for some of the world's deadliest modern viruses. He's very familiar with the cost and the process of producing vaccines, and he says the process tends to be slow and ferry expensive developing vaccine is likely to cause something on the order of five hundred, million dollars five hundred, million dollars status is today's indicator five, hundred million dollars to get a vaccine Stanley, says. For drug companies and universities and labs that monumental cost is often one of the biggest obstacles to creating vaccine after all at the end of the process, you don't know if you ever will actually debt vaccine some viruses like HIV still don't have successful vaccines even after decades of trying and billions of dollars invested if covid nineteen vaccine can't be found or if it takes decades the social. Economic and cultural impacts would be devastating. So the White House has done something pretty unheard of it's created a plan called operation warp speed to try to speed up the vaccine process. The White House says it's already invested more than twelve billion dollars in the plan and how the plan works. The White House is basically created contracts with drug companies like Pfizer Novak's Moderna Therapeutics and AstraZeneca. Few others and those contracts promise these companies billions of dollars if they can get a vaccine ready to go and have a hundred million doses at the ready by the first part of next year with so much money being funneled toward the problem I'm wondering if that will do you think speed up the process of getting a vaccine or does it just take the time it takes or? It definitely speeds things up. Stanley says with a strong cash incentive like this and so much support companies can out a bunch of different tactics in their search for a vaccine. He says, there are more than a hundred different approaches that scientists know of, and they can try a bunch of them labs all over the world flooded with resources racing for vaccine that should help speed up the arrival of the vaccine at least that is the hope but that is as yet. a hope. Nothing nothing is certain is certain. if everything goes well. I think having a vaccine by the end of the year is not impossible, but it's based on everything going. Well, Stanley says even with all the money in the world getting a vaccine ready for the public quickly is really hard. The Rubella vaccine that he developed was a relatively quick process in terms of vaccines. It took him about two years to discover it to develop the vaccine itself, and then five years to tested and scale up the production of IT and just get to the market, and here's why for one thing it's a messy process. You have a biological problem It's a complicated process and there isn't any single wave. Doing that also, he says there are parts of the process that you cannot speed up no matter how much money you have Stanley says trials for vaccines for instance, typically take longer than trials for regular drugs because vaccines will be used on much larger swath of the population. So you have to test the vaccine on all different kinds of people, different ages, ethnicities, people with different underlying health conditions, and that typically means trials involving tens of thousands of people. Also, you have to give the vaccine time to work time to assess side effects. Many vaccines fail in this trial phase, and there is a danger in going too fast of course the. is to avoid making mistakes. While you're speeding up mistakes and research or in manufacturing the vaccine or in not taking enough time to test these things can have. Consequences he says in the nineteen fifties, some batches of the polio vaccine created the contained an active virus the samples at past the safety tests yet thousands of people contracted polio from the vaccine dozens of people were paralyzed as a result Stanley says rushing vaccine is a balancing act between good science and good economics in you you yourself are working on a vaccine is that correct? Well, I know lawyer you know I'm I'm eighty eight years old I? No longer have a laboratory but I'm giving advice left and right so. I'm working in the a sense of giving advice. What kind of advice are you giving? What questions do people have at this stage which? Are Important what have you and responses one should be trying to get. What dosage? Interval between doses I mean the things that one learns with any vaccine. Are you taking dozens of calls like a week. I see why you have very limited time. I. Should let you go but I can't thank you enough for taking some of your precious time to talk with me. By by by conversation is over I, mean I would be hurt but like the man has lives to save, right? Oh. Yeah Oh. Yeah. Impressive Dude. Also fun fact Cardiff. He learned to fly a plane when he was seventy four and you don't do that kind of thing by spending all your time talking to journalists. The man is flying planes and saving the world. So he gets overpass

Polio Vaccine Dr Stanley Plotkin White House Polio Cardiff Astrazeneca Pfizer Novak Moderna Therapeutics
Food for Medicine with Afsaneh Naimollah

Outcomes Rocket

05:25 min | 7 months ago

Food for Medicine with Afsaneh Naimollah

"Welcome back to the outcomes racket Sal Marquez is here and today I have the privilege of hosting of San ant- name Mola she's an accomplished healthcare executive and investment banker shows currently an executive in residence at plug and play the world's largest early stage, VC Fund and corporate accelerator. She's also the managing partner of Zen partners an investment banking firm based in Palo, Alto and New York covering the next generation of health TECH COMPANIES OF WE'RE GONNA be diving into innovation and healthcare. Venture. Capital and I'm so privileged to have of Santa here with us of sonnet. Thanks so much for joining pleasure so Asana. You know you do some fascinating work in in healthcare and will dive into that the venture front, but before we do, would love to hear more about what inspires your work and healthcare, you know I've been on investment banker on a strategy advisor for over thirty years on I started my career in technology, so I come to healthcare with A. Fairly deep knowledge of what I call Horizontal Technology on about twenty years ago. Honestly I fell into healthcare. Just doing couple of deals, I'm then longside got you know the dynamics of the industry? was you know no looking back and I got heavily involved. On really started focusing on on the industry, and really for three three main reasons one is. You know, it is the largest industry in our economy. It's eighteen percent of our economy. It's the only industry that directly impacts every human being in our country. I'm probably most him personally an industry that despite his side. Is Social Impact. Is! Probably still to this day way behind. For example Fintech on some other technology, so it's an industry that. Really need. In my opinion innovation and it was really true technology bad. We can bend the cost curve so I said well. I have some good tech background. I love the industry. And it was almost like a calling I said that's how I'm going to get involved with this How Technology and make sure that I focused on. Sectors of the. Industry that could bend the cost curve. I love it. I love it, you you sort of just accidentally through a couple deals guide involved. Then strategically said. This is a good fit and the impacts big. So, let's let's roll up our sleeves. Yeah. I love it, and and so and so now you know your your role as managing partner of Zen Partners and executive in residence at logging play, you're seeing a lot of main stage work happening and so companies coming up with new ideas and businesses succeeding businesses failing you know. What would you say you? Guys are up to and really I. Guess, where should we focus you know? Should we focus on fly, play or Zen partners or more? I can't. We can touch base on both really there come with interchangeable so you know as an Investment Bank banker I've done about fifteen mergers and acquisitions transactions I was raised over twelve billion dollars or capital two. I feel private placement. Offering equity offering. You know when you do so many deals on you. You know I've met fell thousands of CEO's on thousands of companies over my thirty some year career. You've developed what I call an experiential intuition You know a pattern recognition, so what the reason when I moved to Silicon Valley three years ago from New York. Play. Invited me to become an E. R. and I was like okay. I don't have a lot of early stage experience, but I know a lot about healthcare and I know a lot about. Next Generation Technologies, and the opportunity afforded me listening to pitches like twenty thirty pitchers month. Of different companies, addressing different parts of healthcare, and then you know, it's been three and a half years now and when I wouldn't yards do the plug and play. We do really two things one is we help the five different venture funds that we have pick investment. And more importantly we take some of those mid stage for me. It's most of the early to mid stage company. We take it under our wing Ers. We work with founding teams on. From product strategy go to market strategy channel strategy and help them. We articulate their value proposition because especially the first time founders. They are sitting on a great technology, but I would say a good eighty percent of them. Do Not Know How to articulate the value.

Zen Partners Managing Partner Investment Banker Executive In Residence E. R. New York Horizontal Technology Sal Marquez Santa SAN Executive Fintech Palo Silicon Valley Advisor CEO Generation Technologies
UK Treasury chief warns of depth of recession

AP News Radio

00:43 sec | 8 months ago

UK Treasury chief warns of depth of recession

"This is treasury chief has warned the nation that that will be tough economic times as the British economy has taken a hit from the cabinet nineteen pandemic we are I thought that before entering into a very significant recession we know that that is happening this is a warning but since chancellor of the exchequer rishi Sunak has given to the British people a day off to repeating his spending plans to boost the economy in a mini budget synnex will to sell his ideas to the nation particularly the expensive program to help third item please to return to work after the government program now paying them expires this plan could cost the treasury as much as nine point four billion pounds almost twelve billion dollars and critics are wondering whether it makes sense Karen Thomas London

Rishi Sunak Treasury Karen Thomas London Chancellor
UK Treasury chief warns of depth of recession

AP News Radio

00:43 sec | 8 months ago

UK Treasury chief warns of depth of recession

"The this is Supreme treasury Court chief has has made warned the two nation highly that that anticipated will be tough economic rulings times in cases as the British regarding economy president has taken trump's a hit bid from to keep the cabinet his financial nineteen pandemic records under we are wraps I thought that before the High Court has entering upheld into a demand a from very Manhattan's significant district attorney recession for the president's we know tax that that returns is happening as part this of is a grand a warning jury but since probe chancellor of the rejecting exchequer administration rishi Sunak arguments has given that to the the president's British people immune a day from off investigation to repeating his while spending in plans office to boost the economy but in a separate in ruling a mini budget it says Congress synnex can will not to sell his at least ideas for to now the nation get the president's particularly financial the expensive records program sending to help both third cases item please back to to lower return courts to work after the government the outcomes program give the now president paying at them least expires a short term win this plan could since cost it's now the treasury unlikely as much as any nine of point the financial four billion records pounds will become public almost soon twelve billion dollars the court ruled and critics seven are wondering to win whether both it makes cases sense with trouble Karen point Thomas D. London is Neil Gorsuch and Brett Kavanaugh joining the majority in each Sager mag ani Washington

President Trump Donald Trump High Court Manhattan Chancellor Exchequer Treasury Thomas D. London Neil Gorsuch Brett Kavanaugh Supreme Treasury Court Rishi Sunak Congress Karen Ani Washington
UK Treasury chief warns of depth of recession

AP News Radio

00:43 sec | 8 months ago

UK Treasury chief warns of depth of recession

"This is treasury chief has warned the nation that that will be tough economic times as the British economy has taken a hit from the cabinet nineteen pandemic we are I thought that before entering into a very significant recession we know that that is happening this is a warning but since chancellor of the exchequer rishi Sunak has given to the British people a day off to repeating his spending plans to boost the economy in a mini budget synnex will to sell his ideas to the nation particularly the expensive program to help third item please to return to work after the government program now paying them expires this plan could cost the treasury as much as nine point four billion pounds almost twelve billion dollars and critics are wondering whether it makes sense Karen Thomas London

Rishi Sunak Treasury Karen Thomas London Chancellor
Providence received approximately $509 million in grants

KIRO Nights

05:38 min | 9 months ago

Providence received approximately $509 million in grants

"Let's talk about hospitals here for a second week we just spend some time with Jim Brunner talking about the the unemployment stamp that has been devastating people in the hundreds of millions of dollars out of the pockets of of folks who desperately need it here in Washington and it I can't help but draw a comparison to what some hospitals are doing in the area and I'm not talking about the the smaller places that have very thin operating budgets that basically the the the money that they bring in can can pay for payroll for the next week or two I'm talking about the big big places one of them being Providence health system it's one of the the largest and richest hospital chains here in the United States now they they've got this spring this is according to New York times they got at least five hundred nine million dollars in government funds smaller pore hospitals are receiving a pittance compared to that in Providence is sitting on about twelve billion dollars in cash which it invests it's got like stock portfolios there's no discernible difference at least to me between what happens on Wall Street and what this supposedly not for profit hospital system is doing yeah I mean this is been the problem with the not for profit hospital system is been in did these complaints are not limited to this I think it was a Providence hospital in a in the one in Everett I think that that fire to the emergency room doctor low right was complaining that they were not following safety procedures with with with new brand new with this the very front end of the the pandemic a brand new coronavirus patients they're testing people in the parking lot or something along those lines yeah it in so you have these not for profit in the whole way you get not for profit status if you are a hoot if your hotel the hospital chain is you traded that to that means you get a tax break a significant one you trade that to the government by providing charity services in other words you do pro bono work on people in the community it's always many of these hospitals fall way short you have the very creative accounting on what actually was charity work or they just don't do it at all with no real teeth behind it and to see a company sitting on billions of dollars collect billions of dollars right in aid is a little bit along the same lines as what we saw with that with the but the bond houses and with the investment firms and with the banks back in the in the in the mortgage crisis collecting people who had caused the problem then collecting on the problem yeah it would seem to a lot of people to be pretty deeply offensive although we didn't care to have the political courage to actually change it in a manner that would help us this is another situation where these for profit or rather non not for profit which is not non profit not for profit hospital right there have a medially put their strong the drink as soon as the government said you know we have eight to provide they lined up even with sitting on significant assets now they'll okay they'll tell you that you know this this money was available we had to get even the people doling out the the relief money that they'll tell you we will priority was getting it out right we didn't want to sit on it and come up with systems and develop a system to take the time to double and triple check things because this was an emergency and people needed that money but I would I would argue that will take your check K. can you look at the balance of the place and know that if somebody is is sitting on you know ten billion dollars whatever it may be that that that supposedly is for emergencies right that's an emergency fund that's that's and that's the savings account that you go into when you need to tap it because something catastrophic has happened yeah what else is out for it was not you would be very very difficult to say this was an oversight I think that the one of the problems that happened with the relief is that it really wasn't earmarked toward small businesses everyone claimed it was it was earmarked toward business and the big businesses were much I mean when you have a team of people including attorneys and accountants that can get your paperwork in very quickly and when you have a lobbyist who actually has the the the call list of local lawmakers run you have those things you're going to get to the front of the line and this is what happened with with companies like Providence another company that we saw from the the paycheck protection program relief aid who lined up immediately to get their snouts in the trough again and then take the bulk of what was supposed to be for companies that were on the brink and it's a shame because I don't actually mind so much on the paycheck protection and if these are if it's actually helping people who are minimum wage people as it was with as much of it was designed to do I think that's great if it's helping people to hire in the scale I hope there is a cut off point for it and I appreciate that as well I don't know that I am worried about as much about somebody making three hundred K. a year when the patient protection thing rolled out and in the end the judge the law didn't worry about the mother which was which was terrific about it but this particular one in Providence and other hospital chains that are the the not for profit hospital chains it it wouldn't bother me if they were at

Jim Brunner
Cisco Stock Up 4%

KCBS Radio Midday News

00:24 sec | 10 months ago

Cisco Stock Up 4%

"Cisco is one of the last big tech firms to report earnings for the recent quarter and while the Senate's IFRS revenue fell over seven percent from the prior year to just under twelve billion dollars it beat expectations Cisco did see silver linings with higher demand for services and security products helping absorb some of the losses in its core networking business and Cisco stock is responding it's up by four percent

Cisco Senate
Buy Your Mom a Spade: Seed Sales Swell under Stay-Home Order

Business Wars Daily

04:15 min | 10 months ago

Buy Your Mom a Spade: Seed Sales Swell under Stay-Home Order

"From wonder. I'm David Brown. And this is business wars daily on this field. Good Friday may eighth as most of you surely have remembered. Sunday is mother's Day. And what a strange mother's Day. It will be two with most of US still at home. The typical celebratory restaurant brunches off the table that so many of us are away from her mom. This weekend seems to be spurring many to spend more money celebrating her however the National Retail Federation. The in our F- says we plan to spend more on this mother's Day than ever before about two hundred and five dollars per person. That's up eight dollars or so from last year in two thousand nineteen was a record year but without those champagne. Brunches available. Just how will we be spending that money among the top gift choices? This year are housewares and gardening tools. We're predicted to spend twenty one percent more on kitchen appliances spades and rakes than we did last year or almost twelve billion dollars. The in our F says in case you hadn't noticed there's a gardening boom happening not just in America but around the world. People are planting more than ever in March alone. Us seed company W Atlee burpee and company sold more seeds than at any other time since its founding in eighteen seventy six. That's what Burpee Chairman. George Ball told the new service Reuters customers fearing pretty shortages are growing their own fruits and vegetables. They're also teasing those tomatoes and cucumbers out of the ground in order to be more self reliant to save money and to avoid the hazards of grocery stores. The desire to garden has blossomed to such a degree that gardeners Singapore are growing produce on rooftops. Russians are escaping cities to isolating countryside cottages and growing vegetable gardens there and Brits without any land of their own or even growing potatoes in garbage bags guy barter chief horticulturalist at Britain's Royal Horticultural Society told Reuters. But of course the garden boom isn't solely caused by people worried about having home grown. Kale on their plates come summer. It's also a new hobby for millions a pastime that takes away from our ever present screens and fills the time we want spent in the office at social gatherings in watching sports as Jennifer Atkinson writes in the online publication Echo Watch gardens are a reminder that there are limits to what can be done without physical presence as with handshakes and hugs one cannot garden through a screen which may be one reason why gardening tools along with plants and seeds of course are so popular. This mother's Day we can send them to mom or plant flowers and trees in our mother's honor in our yards viewable by video or in hers from a safe distance. But before you go thinking Kovic was the best thing to happen to gardening since Miracle Grow. Analysts are quick to point out the gardening. Explosion didn't actually start this year. In fact the industry reached an all time high in two thousand eighteen with US sales topping forty eight billion dollars according to the firm garden research but the corona virus is certainly continuing that expansion fact the surges stressing seed sellers local and regional supplies around the country reported such high demand that some like canada-based stokes seeds and young's seed company in Randolph. Wisconsin stopped taking orders for at least a few weeks. Young's usually sells one hundred thousand seeds a year but this year by April the company had already sold two hundred thousand according to the local NBC. Affiliate the we're taking in gardening has also proved burpee. George Ball wrong according to its corporate history. The privately held burpee has been the world's largest seed company since the eighteen nineties. But it hit hard times about twenty years back. It entered bankruptcy in September. Two thousand one a result of overexpansion into such things as garden furniture company a travel publishing business and retail garden centers. It exited chapter eleven just four months later but chief. Executive Ball had low expectations at the time. Americans were turning away from seeds and buying young plants at big box stores like Walmart at home depot instead and the typical size of a

United States George Ball David Brown National Retail Federation Reuters Walmart Royal Horticultural Society Wisconsin Gardeners Singapore America Chairman Jennifer Atkinson Kale Executive Kovic Young NBC Britain Randolph
Gov. Newsom On Reopening California

The Indicator from Planet Money

07:21 min | 10 months ago

Gov. Newsom On Reopening California

"Was California's economy like before the corona virus pandemic I guess eight weeks ago? Yeah I mean just ninety days ago. I was reflecting on the fact that we were projecting. Six billion dollar budget surplus We had paid off all the wall of debt we inherited From the prior Turn we at one hundred twenty consecutive months of job growth lowest unemployment highest reserves interstates history. Fast forward today We're dealing with unprecedented. Almost depression era unemployment numbers and deficit That's one of the highest in our state's history. Yeah what was the unemployment rate Before Corona Virus Ninety days ago as you said. And what is it now? It's a three point nine percent We anticipate being north of eighteen percent We conceivably could get as high as twenty four twenty four and a half percent in the next few months based upon the current trend lines twenty four and a half percent unemployment. That's that's a lot. Yeah I mean these are the the numbers are so staggering. When you just consider four point. Three million people have filed for unemployment insurance Just since March twelve and since the fifteenth we've distributed just shy of twelve billion dollars of unemployment support We're dealing with Numbers we've never dow with. Yeah I mean. Twelve billion dollars is just a staggering amount of money to to have processed and unemployment claims. I mean even with the strong budget position. California's in I mean from what I understand. California does not have the money to cover all of this going forward What are you going to do? I mean obviously? Millions of Californians are counting on unemployment will be counting on unemployment. Where's the money gonNA come from has to come from the federal government and I don't say that as a handout first frame meaning how I really believe in personal responsibility? I believe the state has a responsibility to get. Its Fiscal House in order. And that's exactly what we've been doing. The last decade that said we're not immune in the fact that California is now facing tens and tens of billions of dollars of deficits Is a direct result of in nineteen and that means the federal government has to be a partner in helping us out of this. What happens if you don't get federal support and the reality is we. Statutorily have to balance our budgets. I have to work with the legislature in the next few weeks. We have five weeks By June fifteenth. We have to work out a compromise and that none of us WanNa make on our own. Look we're talking about our police officers talking about our firefighters. We have fire season coming up. We talk about our teachers. We talk about those we call heroes and we have to look them in the is our nurses and our skilled nursing. Lvn's and RN's and folks that are really quite literally saving people's lives in and say well you know what we value you rhetorically but we have to let you go so in a way. There's like there's not a plan B right now it's just the federal government has to come through also mid a balanced budget But if if you can help me erase my name from any association with it. I'd love to see that happen. Look I required to do that But there's nothing in there that makes me proud. It doesn't represent my values doesn't represent the legislatures values and unlike the federal government. We don't have a printing press in. There is the capacity for the Federal Government to borrow to help states so that we can get back on our economic footing sooner and get the economy humming again to pay down those deficits into the future. I mean speaking of getting the economy humming again. I mean you are. You're at the head of the fifth largest economy in the world and so of course the decisions that you may have a global economic impact you also thorough bunch of lives at stake. So as you're kind of reopening the economy starting to think about reopening things. I'm wondering like how do you balance the economic cost that you're seeing that come with the shutdown versus the cost of potentially opening things back up too soon like just kind of I mean it's it seems like a very impossible decision in certain ways it is it's imprecise and what has to be humble and this and you have. You can't be ideological about it. You know we we believe in ready. Aim Fire not ready fire. Aim so you WANNA be guided I By indicators and we are guided by indicators by data in those data points are primarily health probably defined but also those data points include variations for economic activity. And we also recognize this. California's a state is populations larger than twenty one states combined. It really is a nation state. But it's many parts one body and what I mean. By that is there are variations within the state that we should also accommodate for their parts of the state that haven't been impacted directly or even modestly indirectly by the spread of the virus and those from an economic recovery perspective a will look at for variations on our statewide orders as an example how we begin to process. Yeah as we're talking it just keeps going through my head. How suddenly this came on just like ninety days ago. Everything was so different I wondering if there was a moment When you if there was a moment either at work or at home when you when you realize how serious this was going to get when we started seeing unemployment insurance claims come averaging a hundred fifteen thousand every day when prior we were averaging twenty five hundred a day two thousand five hundred to a hundred and fifteen thousand in a week. We started seeing average number. That's when the red flag come up and it was obvious to me. We were entering that trajectory Great Depression unemployment numbers. Yeah what went through your head when you saw those numbers like one hundred thousand I just the enormity of this And one of the reasons I wanted to be governor was to address are homeless issue and our poverty issues and so the issue for was looking at those unemployment numbers through this Lens. These same folks that were ravaged by the great recession. These are the same folks that never fully recovered from. Oh nine and tell two thousand ten and then the same ones now back on the unemployment line black and Brown communities disproportionately impacted and and it just it breaks your heart all this hard work and then boom. We hit this wall. This cliff. That chasm this canyon That were in and now we have to look those same people in the eye and say right when you're just getting back on your feet Now you're potentially going to be the source of most of the stress moving into these cuts in this recovery. Yeah what is it like to be at the helm of such a giant economy? So many people. What is that like you know? It's interesting because you're right. Look as as California goes so goes the nation. It's not a gross exaggeration. It's really not one at all We we punch above our weight in terms of of patents researcher scientists Nobel laureates and Terms of innovation the entrepreneur spirit so many of these sectors of our economy that have really grown in the last decade. So you're right. This weighs heavily Because the consequences if they're not felt immediately will be felt all across this country anti except the Americas and the temple of the world's economy across the rest of the world

California Federal Government Americas Researcher Partner
Court rules insurers can collect $12B under health care law

Pacifica Evening News

00:39 sec | 10 months ago

Court rules insurers can collect $12B under health care law

"The U. S. Supreme Court ruled that insurance companies can collect twelve billion dollars from the federal government to cover their losses in the early years of the affordable Care Act otherwise known as obamacare the justices voted eight to one and holding that insurers are entitled to the money under a provision of the law the promise the company is a financial cushion for losses they might incur by selling coverage to people in the market place is created by the health care law the case is separate from an over arching challenge to the health care law that the court has agreed to hear in its term that begins in

U. S. Supreme Court Federal Government
Supreme Court tells U.S. government to pay insurers $12 billion under Obamacare

10 10 WINS 24 Hour News

00:16 sec | 10 months ago

Supreme Court tells U.S. government to pay insurers $12 billion under Obamacare

"The high court also ruled in favor of health insurers seeking twelve billion dollars from the federal government under an obamacare program to provide medical coverage for uninsured Americans the eight to one vote reverses an appeals court ruling that said Congress had suspended the government its obligation to make those

Congress Obamacare
Supreme Court rules government must pay insurers enrolled in ObamaCare program

America First with Sebastian Gorka

00:37 sec | 10 months ago

Supreme Court rules government must pay insurers enrolled in ObamaCare program

"Dot com the Supreme Court has ordered health insurers twelve billion dollars from the federal government under an obamacare program encouraging them to offer medical coverage to previously uninsured Americans the justices on an eight to one vote reversed in appeals court ruling that said Congress had suspended the government's obligation to make such payments the ruling authored by liberal justice Sonia Sotomayor your paves the way for significant one time cash infusion from major companies such as a matter of cooperated anthem incorporated and sametime corporation conservative justice Samuel Alito was the sole dissenter saying the court's ruling has the effect of providing a massive bailout for insurance companies that took a calculated risk and

Supreme Court Congress Sonia Sotomayor Samuel Alito Obamacare Sametime Corporation
"twelve billion dollars" Discussed on WLS-AM 890

WLS-AM 890

03:39 min | 1 year ago

"twelve billion dollars" Discussed on WLS-AM 890

"Have nearly twelve billion dollars in unfunded liabilities is not new but previous attempts have failed to gain traction in the General Assembly Chicago police officers injured in north Lawndale today it happened at Ogden and south Albany officers were monitoring a gang funeral when someone threw a hand gun out the window of the car leading to a pursuit and as units were responding a C. P. D. car struck the officer who was on foot that officer is in good condition at an area hospital two suspects are in custody two are at large there organizing a new opportunities own in the west side Illinois medical district to relieve unemployment bill Cameron says one of the ideas is controversial how would you feel about it ex cons working in security at the city club Illinois medical district CEO doctor's visit McGinnis said they're thinking about it the first goal is to create job opportunities for all but some of the specific things that we are planning to do in the district one example that I'll give is with our security element we are actually working with the team to identify how we can create jobs around that in a price for those who have come out of an incarceration situation and need to re integrate into society we just have to plan those things very carefully because we do deal a lot with health care and health related entities Cameron WS as the director of the university of Illinois student life centre faces a felony charge for allegedly firing a gun in front of a woman inside his champagne home fifty five year old Jamie sing some was charged with aggravated assault after arguing with the woman he once dated no one was injured sing some pleaded not guilty he's out of jail after posting bail university of Illinois officials say they are investigating anti semitic incidents of the Urbana Champaign campus including the painting Monday of a swastika in the schools foreign languages building a student also raise concerns about anti semitic content the staff development program for university housing workers Chicago police have now released images of three suspects in a home invasion of a Lincoln Park woman this week John Dempsey with the story the attack happened Tuesday night at the building in the four hundred block of west Fullerton the woman answered a knock on the door three men rushed in beating her hands cupping her at gunpoint and stealing cash and electronics she lives in a building where visitors have to get buzzed in but this resident told ABC seven it appears the suspects got in by following in another resident this call someone else of any more children the woman was treated for her injuries the three suspects are considered armed and dangerous John Dempsey WLS AMA nineteen a number of Republicans are breaking ranks with president trump over his decision to pull US troops out of Syria and allow Turkey to invade Syria against the Kurds Illinois congressman John Shimkus speaking on it KMOX radio in Saint Louis says he no longer supports the president I'm heartbroken I am packed I I called my chest after he had to call my name the ice a core gonna come close to me this is just we have just grabbed our allies in the back listen download Penske reacting to the U. S. troop withdrawal from Syria today on the John how show said this about president trump's move one made it clear to president trump that he wanted to go after the Kurds who he considers to be terrorists but go over in the Syrian do it and the president hold a true expect not out which will pull them back from from the border which I think is a potential disaster W. O. a su some right now is six oh five.

"twelve billion dollars" Discussed on KNST AM 790

KNST AM 790

04:09 min | 1 year ago

"twelve billion dollars" Discussed on KNST AM 790

"Well, I'll tell you, it's very clear to me James that, that wall was going to be built when we hosted that event in green valley February eight so it's a pleasure to be on talk with you about that. Because we hosted an event that really created a lot of excitement in southern Arizona, not only was it a huge media event. But it was really a time to engage the voter in. What's going on down at our border? The one hundred twelve billion dollar costs that are getting assigned to the tax payers of America as we see the national crisis on our southern border and the we build the wall soaks came. And they told us their story. It was awesome. Now, you have the we build the wall organization, putting up walls, and El Paso, Texas. Also in New Mexico hit a little snag New Mexico. But they of from the latest report. They're getting through that whole thing I was surprised Shelley how this thing went up a sort of, like stealth. It was course in broad daylight. But there were no announcements of, and then while they're, they're almost halfway done. It's before news, broke nationally that part of the plan just to go out and do it. You know, when I'm not on the inside of the organization, so I'm not sure what their plans were. But I can tell you that as. Strategist it was brilliant, because we have so many people that are working against the wall that if we, if we had announced the walls going to be built from here to here, what you would do you'd have a bunch of protesters. Exactly. When we hosted the we build the wall, vent in, in quail creek in February, we had protesters. And so when you come out, you make an announcement that may be that the resistance movement Depp's up to try and stop things. One this an awesome idea. It was a van tastic idea. The cases, the diplomat of the American board of risk examiner. She is indicent to ring of the conservative circus, despite what people say there is a growing conservative movement in southern Arizona. And you've been a part of that making that thing grow. What do you think is fueling of the flip to conservatism in the very liberal southern Arizona? What I think we're seeing James is we're seeing people watching the dollar sign. So we've got illegal immigration costing our country's so far this year since January as caused us about one hundred and twelve billion dollars. In addition to that, we've seen coming across our border. Now, we are seeing a proximity four hundred seventy four thousand what what we referred to as the legal aliens of cross into the United States. And there's an estimate that we have twenty six million illegals living in the United States. Now, that is a real trickle down effect that it affects our schools, our hospitals are public safety, and it's important for us to understand that someone has to pay for this. And I think people are backing up and starting to see this in addition to that, there have been so many movements it to promote insana side, and I think. Many of the southern Arizona to are not only strong Democrats, but they're also strong Catholic are starting to find the inner conflict and their association with the Democratic Party. And so we're seeing a lot of folks just walking away from the Democrats and saying that, in fact, maybe the Republicans do more clearly represent their values. Let those values when we talk about life, liberty, and the pursuit of happiness, that has definitely right now of the Republican party is the party that celebrates works towards those things in the center ring of the conservative circuits, we have Shelly Kaixi as the owner of.

Arizona Republican party James New Mexico United States El Paso Democratic Party America Shelley Texas insana Depp Shelly Kaixi one hundred twelve billion dol twelve billion dollars
"twelve billion dollars" Discussed on KCBS All News

KCBS All News

05:55 min | 2 years ago

"twelve billion dollars" Discussed on KCBS All News

"We're expecting to hear from California governor Gavin Newsom with reaction to President Trump's decision to declared emergency in order to get a funding for a border wall right now, the attorney general is speaking at this press briefing, attorney general and grateful for his leadership we've moved now to govern loosen very supportive of our efforts to to sue the administration and to see the president in court. Fortunately, Donald Trump is not the last word. The courts will be the last word. I was yesterday up in Butte county paradise. I was there with a lot of children that were displaced not only from their homes their schools their families, literally torn asunder members of the family that are in different schools in different cities. Some that are not even going school getting educated still waiting for FEMA support still waiting for disaster recovery money into their community. It's interesting. That we are standing here today talking about an emergency. When twelve billion dollars was appropriated by the house of representatives and the Senate and the president are not moving that money to not only California for disaster relief for real emergency. But nor are they allowing those dollars to go forward and Georgia and Texas and elsewhere. I just find that ironic and interesting if a real disaster, the needs to be cleaned up twelve billion dollars sitting there, not even utterance not even a reference in today's press conference of a real pressing need in a real human crisis. That's manifesting in real time. And that's not an abstract thing as I said, I witnessed it firsthand. Just the heroism of the first responders suppressing those fires. But in the aftermath, the struggle that persists in places like Buchanan, what is remarkable about this as we also stood here week ago and recognized that there was legitimacy to the concerns about drug drugs falling through the border. We talked about the cartel activity. A week ago that persist and is becoming more and more acute in parts of California. We talked about our desire to work with the president United States on drug interdiction to work to partner with him to address the legitimate concerns around. Our ports of entry as it relates to fence on methamphetamine and marijuana. That's crossing the border, cocaine, etc. We talked about redeploying, and partnering are redeployed members of the national guard with DA and other federal agencies to promote more comprehensive interdiction that is exactly the work that now is at risk because of this declaration of emergency. That irony is not lost. Or should not be lost on any California. No other state is going to be more impacted by declaration emergency. Then the state of California. And the irony of this is the actual work that was affected the actual work that is responsible and responsive to the real legitimate concerns around feno methamphetamine heroin and cocaine that has been done within the state of California is now being put at risk for vanity project for a monument to stupidity. A wall that will do nothing to impact drugs coming over our border ask any expert don't ask politicians. Certainly don't ask the president is states as any expert. How these drugs are getting across the border. If you think it's an image of an individual with four hundred pounds of cocaine on their in their backpack. Then you're delusional. The drugs are coming through the ports of entry through traditional means vehicles. Tractor trailers coming over through drones airplanes coming all up and down the coast to California boats and interdiction policies that we are engaged in that we want to enhance in California now are being put at risk because of this political crisis that has been manufactured to get the president out of the rut he clearly is in Nancy Pelosi is run circles around the president United States. Not wants now twice. He's been embarrassed and his base needs to be fed. And as a consequence of that he's impacting the lives of millions and millions of Californians and millions and millions of Americans that demand and deserve better legitimate crisis with drugs in this nation can be addressed appropriately and thoughtfully, and we want to work collaboratively, and we want to work in a spirit of partnership. I don't wanna be a sparring partner with President Trump. We want to be a working partner. But he makes it impossible when he plays these games and manufacturers a crisis and creates the conditions where we have no other choice than to sue the administration. Join other states partisan the federal government to do the same to go through the theater of. As I said a few weeks ago, the absurd. And to. Crate aside show to the real work that should be done in cooperation. If only we had a president that wanted. To do the right thing. And so I just want to complement our attorney general for his ongoing vigilant standing up on behalf of the people the state of California, and I wanted courage other states, particularly border state governors to do the same. And as we said in our release, Donald Trump will see in court. All right. And that's the governor of California Gavin Newsom with his response to President Trump's announcement this morning that he'll be declared a national emergency to get funding for a border wall. We'll have more on this throughout the day here on KCBS right.

California president President Trump cocaine Gavin Newsom attorney United States partner methamphetamine Butte county paradise FEMA Buchanan redeploying Nancy Pelosi Georgia Senate Texas marijuana
"twelve billion dollars" Discussed on KCRW

KCRW

02:24 min | 2 years ago

"twelve billion dollars" Discussed on KCRW

"Now includes more than twelve billion dollars in disaster relief money, the GOP needs democratic support to advance the president's proposal. But that seems unlikely NPR's gel Snyder the national association of realtors reports that sales of existing homes fell six point four percent in December to the worst pace since late two thousand fifteen the doubt this hour down one sixty two this is NPR and from KCRW, I'm Cheri Glazer. The coffee, and perhaps the champagne is flowing in Hollywood this morning. The Oscar nominations were announced Brighton early a little before five thirty Roma and the favourite walked off with the most nominations picking up ten each including for best picture. The other movies up for best picture are Black Panther black klansman bohemian rhapsody. Green book a star is born and vice joining us now to talk about the nominations has map felony. Editorial director of the Hollywood reporter good morning. Good morning. So couple big I in a best picture list. Black Panther becomes the first superhero movie ever nominated for best picture and Roma. The first movie from net flicks to make the best picture list. Anything else stand out to you? Yeah. I mean, I think those are the big sort of paradigm shift the academy changed the rules and allowed up to ten best picture nominees a few years ago, and that was in response to d- Batman movie the dark Knight, not getting a best picture nomination. And here we are later. Black Panther now becomes the first superhero movies to get that nomination. And I think the Netflix nomination is huge. I mean, this is a streaming service that is up ending the traditional theatrical movie model that Hollywood relied on for decades, and for that to get in and get an endorsement from the academy is pretty significant, and you also have Alfonso quarter on director of Roma picking up nominations for both Beth's, directing and cinematography a couple other big developments in the best director category. One of them, Spike Lee. Yeah. It's hard to believe a figure who has been so well known or thirty years now at never gotten a best director nomination. And now he's in there it with best director and black Lampton gets best picture. So that that's a really big contender..

Editorial director Hollywood director Roma NPR Spike Lee Cheri Glazer national association of realto GOP president Oscar Snyder Netflix KCRW Brighton reporter Alfonso Beth twelve billion dollars
"twelve billion dollars" Discussed on C-SPAN Radio

C-SPAN Radio

12:11 min | 2 years ago

"twelve billion dollars" Discussed on C-SPAN Radio

"Get miss Cantwell's, a response to this in particular. You know, the president urges patients. How much how much patients can we expect? I mean, how how long is a reasonable amount of time before tariffs turned to agreements with China say. I'm so sorry. I just wanna to make it clear that to our television audience that you're asking the question of me. So I have the endorsement of the Washington farm bureau. It's a very important group of people in this state, and I've had a lot of discussions with people who produce, hey, or cherries or apples and other farm products around the state, and they have said over and over it has been such an unfair fair and unlevel playing field for so long that we are grateful that we finally have a president these problems for seat at President Trump. But we finally have a president who is willing to take it to the Chinese and make sure that we negotiate fair trade agreements farmers in the status are suffering. There's a twelve billion dollar Bill to help them across the country. How much longer are? They expected to to have that market altered before I talk to them. And I really went to them to ask their opinion about how they felt about the tariffs. And they said they're willing to accept short term pain for long-term gain. I have seen President Trump move at a speed that most of us have never seen in any administration. And so that renegotiation of NAFTA is an indication of that we all tend to be fairly impatient. We want things to go. Well, very quickly. And I think there is a point at which that if we don't have an agreement because I can talk to President Trump my opponent cannot cheese a member of the resist and has made it very clear that she can't talk to the president because I can talk to him. I can be an advocate for Washington state and speak very strongly to the president about moving things along. Thank you very much. Thank you. And thank you, Mark. And Maya for your question as well. Our next question is from Chris troll? Who has a question about health care? Chris. What is your question? Would you support legislation creating a single payer Medicare for all system in America? If not what would you do to propose providing access to high-quality healthcare? Thank you, Chris Senator Cantwell. Thank you. Thank you for that question. And it's such an important one. I do believe that access to healthcare is a basic, right? And we should have universal access. I prefer something that I authored in the Affordable Care Act, the basic health plan, the concept is working now in several states, and basically people are able to buy insurance for just thirty five dollars a month. If they qualify that includes prescription benefits as well as dental why does that work? Well, we had it for a while in our state the concept is simple bundle up. Individuals and small businesses who don't have the same clout as a large company like Boeing, but if you bundle up forty or fifty or two hundred fifty thousand people now, you can force a discount from the drug manufacturers and. From the providers. That's what worked in a basic health plan here when it was in our state, and now it's working in New York were over seven hundred thousand people are buying insurance as I said for just thirty five dollars. Washington. Senate debate from this past weekend between democratic Senator Maria Cantwell and her Republican challenger Susan Hutchison. Realclearpolitics rates this as a safe democrat seat? Thank you, MS Hutchison one minute. Well, I grew up in socialized medicine. And so no matter what the Democrats want to call it, whether it's single payer or universal health care or Medicare for all its socialized medicine, and I've lived it. And let me tell you what it feels like you stand in line for a very very long time. And then you don't get a doctor who cares about you. You just get whoever is available. And so as a military dependent we were called, that's the healthcare I experienced, and I would fight any any attempt by the federal government to take over this high quality healthcare that we enjoy in America that is the finest in the world. I can't imagine that we would gain by having the government take it over. And so it's very important to me that access and lower cost. Is the is the way that we improve our health system. And there are many different ways that healthcare is delivered ObamaCare came in sort of switch gears. It had no support by Republicans at all. And it had to be passed using a procedural trick in order to get it passed. And because of that it doesn't have bipartisan agreement and the next health reform that we do we'll have bipartisan agreement because that is the only way we as a country have to move forward. Senator cow. Well, you talk about the basic health plan. So if that is implemented specifically, what are the real hurdles to making that happen? Well, I'm glad you asked that question because Marcus Shelly here is a local state representatives is working hard on getting that passed here in our state. Our state has to decide like New York and Minnesota that they wanna pursue that option because the legislation gives them that right? But it also helps our state just as the Affordable Care Act did here in Spokane thirty thousand people got access to healthcare you have one hundred and sixty five thousand people on Medicaid, and they now in this community are part of an ecosystem the number one employer here in spokan is healthcare. So I want people to have affordable access to healthcare. I want great providers to be here in Spokane. And I want the solution to work for us. And I'm so glad that Marcus is leading the way in Olympia to get it done. Ms hutchison. Well, I think we need to clarify because the question was single payer health plans are single payer health care, and I don't think we've gotten an answer yet from my opponent. Although I've heard her explain it many times on the campaign trail, she is in favour of socialized medicine. In other words, a government takeover of of our medical care. And I am not as I said earlier. So I wanna make that important distinction. The other thing is what she's talking about about health organizations in the Spokane area, those are private they're privately run for the most part, except for of course, the air force and the medical care that's provided at Fairchild. So universal health care or socialized medicine would make all of your plans illegal. None of us want that it would mean a takeover of all of our hospitals are private hospitals and our public hospitals at takeover of all of that. That is not what we want. And when you hear something. Thirty five dollars for a month for your healthcare that is heavily subsidized which means your taxes, go up and even more than they already are. Senator count. Well, we do have another question from a viewer about opioids, how do you feel about the war on opiates as it relates to the impact on chronic pain? Patients who are being cut off from opiate medication and new pain patients who are denied treatment with opiates thirty seconds place. Well, thank you for the question. We've been from port Angeles to Spokane talking about this issue in hearing from the local community about how to deal with this issue. So I'm glad we just got a new opioid Bill passed. But yes, we are working now with physicians in clinics on what pain management really should look like we're not turning someone away from the needed medicine that they have to have for whatever challenges, but we're trying to get away from this very addictive drug that is now being diverted into so many places that is causing catastrophic events on us. So thank you. One of the most important elements of this Bill that passed ninety nine to one is that over a billion dollars is being allocated to fight the crossing from from Mexico feno, of course, as you know is a substitute or. Hiran substitute that has been cheaply produced in in Mexico. So part of my question for Senator Cantwell. She's so soft on the border. How is it that we can have such an open border policy from the Democrats? And yet these drugs continue to flow over the border. I'm glad that the Bill passed ninety nine to one allocates money in order to solve that problem, or at least make a dent in it. Because there's no question that drugs are flooding across the southern border. We'd like to give you an opportunity to respond. Well, the Bill is great in the fact that it's giving law enforcement more tools, and we met with Ozzy here, and we met with sheriff in Tacoma, and they basically said more money for Heidi grants, which help us fight gang activity because they get their hands on the distribution pass this new law. So that we can crack down on the distribution by having the tools to go after people who are distributing it. And I had. Thirty nine attorney general's Republicans and Democrats said yes, take Maria his language and put it in that Bill. So that's what we did. And it also includes new language to crack down on the mainland, which was coming from foreign countries of this product. So it's great new tools asked for by our law enforcement agents. And I'm glad we got it done. Thank you. And thank you Chris for that question. Our next topic. Here this afternoon is the economy. We have Edwin a Guli here you have a question about the high cost of living here in Washington at one housing supply issues affect every community Washington meeting, new job development, and the money consumers have left over to spend what is solution to its ongoing housing crisis. That's a wonderful question. Thank you for asking it. I I turn to my colleague my opponent. Senator Cantwell had a heavy hand in developing the growth management act for this state, which occurred about twenty nine thirty years ago in the legislature. There is no question, but we have outgrown the growth management act everywhere. I go across this state people are concerned about the cost of housing. And so when we're talking about housing affordability. So that you. You can find a home that you can afford. And that your children could stay agent as they grow up and try to access housing is very very important. So what is happened is the cost of land has gone up so high that we no longer can expand outside our metropolitan areas and build houses that don't cost very much. The other problem is that forty percent of every home. That's built every apartment goes to red tape in this state. It is a crisis, and it has to change. And that is something I'm committed to when I'm your Senator. Thank you so much for asking that question. I just led the charge in the United States Senate with my colleague Orrin Hatch from Utah to increase a program that has a public private partnership to build more housing. What people don't know is that we are in a crisis of affordable housing here in Spokane in Seattle in many parts of our country because we haven't kept pace with supply what increasing affordable housing tax credit did was allow us to get more projects built. And as soon as we pass that Bill. The very first thing that commission here in Washington announced is a new project at airway heights. But if I want you to know anything about how great a tool, this is for veterans for aging population for people who need to be close to work force. No, better example than the ridpath hotel in Spokane. It is now being.

Spokane Senator Maria Cantwell president Chris Senator Cantwell Washington President Trump Democrats Susan Hutchison Senator Chris Marcus Shelly New York Medicare Senate America Washington farm bureau Senator cow NAFTA China Bill
"twelve billion dollars" Discussed on On Point with Tom Ashbrook | Podcasts

On Point with Tom Ashbrook | Podcasts

03:20 min | 2 years ago

"twelve billion dollars" Discussed on On Point with Tom Ashbrook | Podcasts

"Taxpayers horrible for farmers. It just. Here's his back deal. Totally. Dallas sounds like a lot of money. Can you put it in context? Yes, it's a lot of money, twelve billion. We're talking to beat, but compared to what farmers lose over time it's not. And here's Republican Senator. Ben Sasse is he's one of many farm state senators taking a hard line against the president's trade policies. Here he is speaking to CBS news on Tuesday after news broke about the White House farmer bailout proposal what the administration is offering them instead is twelve billion dollars gold, plated crutches. That's not what anybody wants at no point. Have I heard a farmer rancher say, you know what we want. We want more bailouts. We want more welfare. What they want is less trade war. Is that how you see it j. j. Reiner's gold plated crutches. There's Republican Senator Ben Sasse, twelve billion dollars of gold, plated crutches, Jeff flake says, farmers, you know, this is a bad deal, twelve billion dollars compared to what you lose over time doesn't really matter. Oh, it matters, huge. I mean, I said, put it in perspective. It's just a drop in the bucket. And I mean my Senator from Nebraska's pretty much correct. It's just the golden crutch. You know, farm country is struggling big time, especially with dollar Tori tariffs, and there's other mechanisms that the president could use to go against China, but you know terrorists, nobody wants an trade and tariff war and for you know, agriculture in the US is always the target. You are a fourth generation farmer, your family's been on the land there. Since boy eighteen ninety two. I'm reading here. Are you optimistic about the future in this particular moment, Jay? Yes, I am. I am actually very bullish agriculture for in the US just because of the growing world population. I mean, we are growing more food for the world. On less acres than was nearly even twenty thirty years ago. And you know, American farmers, we take pride ourselves being a and independent group, but also you know, raising food and fuel for the rest of the world to that's our job, and we do it very well. And in the midst of these tariffs in this trade war President Trump, he's into buke Iowa today, he's talking to farmers. He's saying farmers like you need to be quote a little patient as we go for this through this period. What? What do you say back to him? Jay. Oh, I think we all have a little patience. But I mean he followed through on his campaign promises, but he needs to fall through on the other half of his campaign promises striking new, free, free trade agreements with other countries. I mean, we haven't even started negotiations with any other country yet. I was part of his promise, so we'll wait and see, and I wrote, we hurry up and get those wrapped up because there's not. That's gonna hurt farmers really bad. This winter, Jay Reiner's is a corn and soybean farmer in Nebraska. Jay, thanks for coming in and taking the time to be with me today. I really do appreciate it and all the best to you sir are. Thank you Jane. Thank you. Let.

Jay Reiner Senator Ben Sasse president Senator US Nebraska Dallas Jeff flake CBS White House Jane Tori China Iowa Trump twelve billion dollars twenty thirty years
"twelve billion dollars" Discussed on C-SPAN Radio

C-SPAN Radio

02:03 min | 2 years ago

"twelve billion dollars" Discussed on C-SPAN Radio

"Reaction on, Capitol Hill, from the Senate, leaders, will begin with the Senate Republican leader Mitch McConnell of Kentucky Twelve billion dollars You've been, hurt by administrations Piece of tax dollars Remark it Republican style Yeah I. Just heard about that I'm f- take a look. At it before And, on the democratic side of. The aisle the Senate Democratic leader Chuck Schumer Plans twelve, billion dollars You've, been hurt by We don't know, where the details are but talking to, farmers in my state and I, think around the country they'd much rather, have long term contracts short term aid that from, the Senate Democratic leader Chuck. Schumer, on Capitol, Hill, well, the culture secretary Sonny Perdue today, unveiling a three part twelve billion dollar plan to ease those terrorists to help US farmers through a mix of payments purchases. And trade promotion efforts Vivian Salama has been following the story for. The Wall Street Journal earlier today I asked. Her for the details USDA is essentially authorizing a three prong program. Help farmers that are hard hit by these Retaliatory tariffs on many of our closest allies have imposed in, response to President Trump's terrorists and so the program essentially is worth about twelve billion dollars and that figure they determined because of the estimated impact of about eleven. Billion dollars on the culture sector in particular with these, certain commodities that are being targeted, and so there centrally in the next couple of. Weeks they're aiming first to roll. Out but they say it's also contingent on the harvest they will start initiating these programs and, now the three prong was telling you about the first element. Of it is market..

Senate Chuck Schumer Vivian Salama Mitch McConnell Sonny Perdue US Kentucky The Wall Street Journal USDA Trump President secretary Twelve billion dollars twelve billion dollars twelve billion dollar Billion dollars billion dollars
"twelve billion dollars" Discussed on KDWN 720AM

KDWN 720AM

02:38 min | 2 years ago

"twelve billion dollars" Discussed on KDWN 720AM

"A twelve billion dollar a year industry and it's it's big big business you see all the vape shops popping up all over the united states many of them in anticipation of pot being legalized or at least not prosecuted nationally leave it to the states there's a massive lobbying industry both for aping and for weed tens of billions of dollars being invested could be a hundred billion dollar business ultimately in north america this is you know entire farms in upstate new york it's a it's a separate product but related has industrial capacity and uses is hemp farms hemp farms again it's a it's a it's it's like marijuana but you can't use it to get high very small thc level compared to the type of marijuana and you're seeing in colorado and so forth but just to show you where lobby lobbying takes old farms these old upstate new york farms outside of buffalo and so are all being transformed in hemp farms and then soon marijuana farms that's where this is going so politicians see money big donors businesses see an expanding audience consumers for this product without regard for what it does to kit the state's health and education departments are now sounding the alarm after a statewide survey phone e cig use rose fifty percent in just three years and keep in mind that's a high school average it basically reflects an explosion of the availability and use of these new products a new study from the american academy of pediatrics into the relationship between the e cigarettes and marijuana use some long adolescence the study examined more than ten thousand teenagers who had never used marijuana surveying the participants before and after a year's time at which point they were asked whether they had used electron ix cigarettes or marijuana the use of e cigarettes was in fact found to be associated with marijuana use particularly among participants ages you ready for this twelve to fourteen the association between e cigarette use and future marijuana consumption was less strong as the years went on reducing youth access to e cigarettes may decrease downstream marijuana use.

united states north america new york marijuana colorado american academy of pediatrics hundred billion dollar twelve billion dollar fifty percent three years
"twelve billion dollars" Discussed on KDWN 720AM

KDWN 720AM

02:45 min | 3 years ago

"twelve billion dollars" Discussed on KDWN 720AM

"A twelve billion dollar a year industry and it's it's big big business you see all the vape shops popping up all over the united states many of them in anticipation of pot being legalized or at least not prosecuted nationally leave it to the states there's a massive lobbying industry both for vaping and for weed tens of billions of dollars being invested could be a hundred billion dollar business alternately in north america this is entire farms in upstate new york it's a it's a separate product but related has industrial capacity and uses is hemp farms hemp farms again it's a it's a it's it's like marijuana but you can't use it to get high very small thc level compared to the type of marijuana and you seeing colorado and so forth but just to show you where lobby lobbying takes old farms these old upstate new york farms outside of buffalo and so are all being transformed in hemp farms and then soon marijuana farms that's where this is going so politicians see money big donors businesses see an expanding audience consumers for this product without regard for what it does to kids the health and education departments are now sounding the alarm after a statewide survey found e cig use rose fifty percent in just three years and keep in line that's a high school average in basically reflects an explosion of availability and use of these new products a new study from the american academy of pediatrics into the relationship between e cigarettes and marijuana use among adults since the study examined more than ten thousand teenagers who had never used marijuana serving the participants before and after a year's time at which point they were asked whether they had used eletronic cigarettes or marijuana the use of e cigarettes was in fact found to be associated with marijuana use particularly among participants ages you ready for this twelve to fourteen the association between e cigarette use and future marijuana consumption was less strong as the years went on reducing youth access to e cigarettes may decrease downstream marijuana is that makes sense because you get used to you get used to doing something like that smoking or or vaping and.

united states north america new york marijuana colorado american academy of pediatrics eletronic hundred billion dollar twelve billion dollar fifty percent three years
"twelve billion dollars" Discussed on WAFS Biz 1190

WAFS Biz 1190

01:57 min | 3 years ago

"twelve billion dollars" Discussed on WAFS Biz 1190

"This week twelve billion dollars in its first dollar bossio and two years that's more than the eleven billion that estranged strange saudi arabia race earlier in the week qatar sale received more than fifty three billion dollars in bids now it was the country's first public international bond sales since the start of a regional spot in june iraq's official election campaigns have kicked off candidates have been shouting with shoppers at markets shaking hands and also using social media to reach potential voters promising them that they will see a better future mates wealth marks iraq's four parliamentary elections since the two thousand three us led invasion that removed saddam hussein from power global news twenty four hours a day powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries i'm christine harvey and this is bloomberg christine thank you very much let's get back to top story of the day president trump has declared mission accomplished in syria that's his line that's the phraseology that after the pentagon said that the missile strikes in syria have hampered by on the sides ability to use chemical weapons again what happens next and what are the implications and smith is the director for control risks he joins me not and we thank you so much for coming in the phrase has been used is mission accomplished but the united states does not seek to i suppose an indefinite presence in syria as other nations step up their contribution this is interesting this is p three response rather than splendid isolation to grab a phrase from british history your your take on the p three response so the mission accomplished phrase to think is used with very defined goal which is to do with reestablishing a red line with.

iraq christine harvey trump syria pentagon director united states saudi arabia official saddam hussein president smith fifty three billion dollars twelve billion dollars twenty four hours two years
"twelve billion dollars" Discussed on WBZ NewsRadio 1030

WBZ NewsRadio 1030

02:11 min | 3 years ago

"twelve billion dollars" Discussed on WBZ NewsRadio 1030

"The list with one hundred twelve billion dollars to his name he knocks off microsoft's bill gates from the top spot deputy editor of wealth chase peterson with horn damage on pocket turn i care or bay roads is added thirty nine point two billion dollars you at work my my my about that president trump by the way still on the list but he's been knocked down a few peg suit down four hundred nine from last year's grain or here with a year ago not working up three point one billion and there are more women on this list than ever before alice walton daughter of a walmart founder sam walton and francesoir bettencourt meyers of lorry allstock just to name a few chase peterson with horn says he's not surprised world added twenty nine woman go the two hundred fifty six now on the west at a record seventy two of them are salt made which is up sixteen from last year no it though and we're all you billionaires out there inherited or earned on your own congratulations no economic borrowed you box is a couple of benjamin's be okay i'm rod brits at the wbz water thank you wrought fred says always wbz news time ten twenty six and other news or following today the wbz newsroom one of china's biggest cities is now imposing curbs on traffic in factories mainly due to a spike in air pollution the government of tng ing a port city of fifteen point five million people east of beijing also told elderly people and children to stay indoors half of the city's cars will be barred from the road each day starting sunday mainly based on whether their license plate numbers are either odd or even factories were order to reduce emissions by fifty percent china's major cities are among the world's smoggy as and regularly suffer pollution spike the prompt emergency measures wbz news time ten twenty seven is another coastal storm on the radar details next attempt thirty.

microsoft deputy editor peterson sam walton horn benjamin china beijing president alice walton walmart founder francesoir bettencourt meyers fred one hundred twelve billion dol two billion dollars fifty percent
"twelve billion dollars" Discussed on WVON 1690 AM

WVON 1690 AM

02:24 min | 3 years ago

"twelve billion dollars" Discussed on WVON 1690 AM

"Could be upwards of twelve billion dollars twelve billion dollars but there's no real accurate amount and new york has had a financial transaction tax for years and uh but instead of them giving the monies to the state as they use to now the governor there just reimburse those funds back to that trading floor which is very unfortunate considering the tax cuts that new york is about to experience as a over the not could tax cuts but the costs that new york is about to embark upon because of the tax that the president has signed into law okay so people who don't understand the trent section taxes for what the stock exchange near bear our group of people on wall well the fell street and they are making these financial transactions without the benefit of paying taxes without going into the details about as plain as simple as i can put my merely asking pardon me were as they making money but then paying no praying at phnom own is relate to this transaction tax that's right when you think about we were paying extra tax a soda pop tax garbage tax on extra water tax in order to keep things the flow we are merely asking those traders to do their fair share of paying their taxes as well we're not talking about their income tax we're talking about what you and i pay for every day and that is a transaction tax every time we make a perk his we pay a transaction tax man we're not asking them for any more or any less than any other average since then he'll stay the bullet always doing in this climate in this political climate especially with president donald trump you have there is a trend to protect the the rich like the tax bill than republican tax bill it's only four the wolf though the very wealthy and the upper middle class liar unfortunate okay but the hat round rather overall protecting their fine heroism your new piece of play to hear.

new york president stock exchange phnom own income tax donald trump twelve billion dollars
"twelve billion dollars" Discussed on Erin Burnett OutFront

Erin Burnett OutFront

01:49 min | 3 years ago

"twelve billion dollars" Discussed on Erin Burnett OutFront

"Businesses who might be accountants or do other financial services wouldn't happen if this is right it is the most scandalous aide what is already the most reckless rush desperate bill i've ever seen in my life dangerous makes a good point a if you believe in this that this this rate should apply to people it's not going to plot a private law firms it's not gonna pride accountants no none of those it's gonna fight a publicly traded partnerships so that means cease whereas mehanna kavas that is blackstone and kkr both publicly traded partnerships twelve billion dollars for one guy five billion dollars for another and this is the money that people are just paying ansett to to to do their job i mean seriously steve do you actually think do you support these guys getting this tax break because that is where the money's gonna go no i don't i don't know you know i i agree with both of you on us that it it sounds like an outrage i mean look what we want to do an where for gene and i disagrees i think this bill will be very good for the economy i think it will lead to more investment in this country and and more jobs but but look we want to to help the root of the real employers out there are the people who are hiring fifty one hundred workers and expand their businesses now i'm not an expert on how all these prevalent private equity firms work uh but you know the way you describe it doesn't seem fair and i think that's a loophole that should be closed but that steve my question to you is how hanning manning it right now we can raise awareness invest that four hundred and seven nine pages i mean i don't know what other grand wells are in there and then is all being added as we speak but this is how these things get through a low for the rich and powerful that a specific senator says it they want to defend right as his they donate to the campaign this is how the stuff gets in there that's true and you know what i'd has to be taken out i mean i i the whole idea of this is tried to get rid of the loopholes in the.

financial services law firms blackstone senator kkr steve twelve billion dollars five billion dollars
"twelve billion dollars" Discussed on CNBC's Fast Money

CNBC's Fast Money

01:47 min | 3 years ago

"twelve billion dollars" Discussed on CNBC's Fast Money

"At twelve billion dollars and i think p p g n e has eight hundred million dollars of insurance liabilities on their side of the of the ledger let's put it that way and they also said if there is a 75 percent chance that they're gonna be liable for something and it's happened to them before but now you give start getting terms evaluation in what makes sense and this is that it pretty precipitous drop but quickly to answer your question is well when the xl youth close to fifty four dollars say a week ago it was 55 ninety is at an alltime high in an environment where rates are supposedly going higher in my opinion the xl you should be a lot lower than it currently is so there's something going on either the xl you is going hot maybe everything is going up but if rates are moving hired there should be some there should be some meaningful so off the next so you more than engine and sell you still right four percent all right still ahead checkout shares of netflix sitting at an all time high after hours watching the move ahead of the company's conference call we're going to bring you the very latest with that stock up more than one percent in the meantime here's what else is coming up on best deal or no four nordstrom shareholders it appears as if it's no deal so what exactly are shooters worth now aren't traders where again plus wellstocked make new highs one dow components curiously sat out the moon brick blend and g e shares have been in the blender now the man who was almost see during the nineties speaking out and you won't believe what he has to say about the company that interview bashed bunny return soon.

netflix nordstrom dow eight hundred million dollars twelve billion dollars fifty four dollars four percent one percent 75 percent
"twelve billion dollars" Discussed on C-SPAN Radio

C-SPAN Radio

02:13 min | 3 years ago

"twelve billion dollars" Discussed on C-SPAN Radio

"And other borrowers when they're harmed by predatory financial practices in its short life is cfpb has returned twelve billion dollars to twenty nine consumers in my state the cfpb twenty i i it's unique twenty nine million thank you twenty nine million consumers faye nine million consumers in my state alone the cfpb has work to resolve about fourteen thousand six hundred cases of adams and earlier this year at the cfpb did exactly what it was designed to do it stood up for everyday americans to protect them from predatory practices at some of the biggest players on wall street it issued a simple straightforward rule at safeguards the rights of every single american to hold financial companies accountable when they uh and take them to court when they are defrauded or when these companies are engaging in deceitful or illegal behaviour against americans so you've heard whether it is fake accounts at wells fargo or a massive databreach at apple fax recent scandals have demonstrated that consumers need to access the justice system when thing powerful company opens accounts in their name without their consent and leave he's them vulnerable to five i followed failing to secure the personal data as a former attorney general i know that the ability of every american to take companies to court is crucial to supplement state and federal law enforcement when we let ordinary americans have their day in court it puts another cop on the beach when sure that wall street can't dalj borrowers with tricks and traps let's just take two recent examples that you've heard about in nevada wells fargo an accola facts are two of the top three companies cited in complaints sent to the cfpb wells fargo we all have heard this have created accounts false accounts for customers and attempted to vine consumers in arbitration clauses even for those phony accounts they never requested in the first place with at least fifty four thousand wells fargo fake accounts created in nevada alone we need these protections.

cfpb adams nevada wells fargo apple attorney federal law enforcement twelve billion dollars
"twelve billion dollars" Discussed on KSFO-AM

KSFO-AM

01:32 min | 3 years ago

"twelve billion dollars" Discussed on KSFO-AM

"The ridesharing company hoover is planning to launch a credit card it's partner of the british bank barclays says the cart will debut later this year another hollywood hack attack correspondent jim rupe reports this time the cyber theft involves hbo reportedly game of thrones as one of the shows with stolen episodes i saved city on your own with fallers in rome 104 reportedly other shows digitally nabbed although hbo has not commented on exactly what content was stolen only a letter to employees saying proprietary information was stolen this is just the most recent hollywood hacking sony was hacked in two thousand fourteen netflix exjustice past april discovery communications which owns t l c and animal planning has a good deal to add the food network and hgtv to its lineup discovery says it will acquire scripts networks for just short of twelve billion dollars i'm jan johnson whoa a few years ago ksfo traffic san mateo water one south at the rabta ninety two west to recognize the right lane southbound 85 south of the demands on ravel wreck move to the right shoulder with debris on the road 280 south heavy and slow from cupertino through san jose tuiti north at the saratoga on rabah reckon the shoulder 101 north at alum rock of brush fire in the homeless encampment slow traffic coming off a barton bridge eastbound a wreck on the ramp from 84 eased eight ad north that's ksfo.

jan johnson san jose tuiti hgtv netflix rome jim rupe hollywood barton bridge cupertino hoover april discovery communications sony hollywood hbo theft barclays partner twelve billion dollars
"twelve billion dollars" Discussed on KSFO-AM

KSFO-AM

01:56 min | 3 years ago

"twelve billion dollars" Discussed on KSFO-AM

"Billion dollars gross revenue according to what we could find what percentage at twelve billion dollars it they pay in federal tax the corporate federal income tax rate is now thirty nine point six percent you you know that did facebook at fact pay four billion dollars in gross revenue maybe they did microsoft looking fit fifty six billion dollars gross google fifty four billion amazon forty eight billion you know they will pay their fair share at let's say forty percent of gross i think we have a lot less problems with our economy right now with we then we would need to be talking about basic universal income how about basic universal taxes on billionaires who escape the tax law with network are i think i'm talking to myself at this point sometimes you can make such good sense what a people going to say you're wrong no they're not going to the you're right now now what are you gonna do about it i don't know my job is to speak and to come up with ideas that makes sense so now tech titans push free money why not why should night that what you're not paying attention to what they're getting away with is the ullah's game in the world if you're making billions of dollars you're not paying your fair share taxes what is the best way to get the morons off your back what might be outside your your house or your office screaming and rioting tell them you're going to give m free income and where in under shared makebelieve you're poor go out smoke adobe with them okay let's take some of the calls let's take some of the calls i don't know if i can take holes in this i know that most of you don't want some of you do like you on sanctuary cities that work that very well for kate styling itself had good sanctuary city now then let's let's be a sanctuary city let's let's let the ms thirteen gangs rule of city streets that's it will do this like universal income you'll see how that will work out house at work out in norway and sweden right now with the upsurge of violence and rapes house at working out for them with.

facebook tax law kate norway income tax microsoft google sweden fifty six billion dollars twelve billion dollars four billion dollars Billion dollars forty percent six percent