36 Burst results for "Twenty Billion Dollar"

Avon Rebrands Amid a Surge in Reps

Business Wars Daily

03:16 min | 6 d ago

Avon Rebrands Amid a Surge in Reps

"Month brought big changes to a beloved brand avon. I made a name for itself by offering housewives away to earn independent income by selling skin-care perfume and cosmetics from home but the iconic american company is no longer an independent corporation or based in america the household name cosmetics company is now to companies owned by two different international corporations south korean consumer products giant elgin household and health healthcare which bought avon's north american business and brazil's largest cosmetic company nature cosmetic os which bought the majority of the company in a deal that closed this month. Lg is also a significant investor in the net. Sure deal. it's another end of an era story which has been a familiar. Refrain of late for nearly a century and a half. Avon's presence has been a constant in the beauty sector. Now you'll say lights from the beginning. Avon was a trendsetter decades. Before american women had the right to vote avon founder. David h mcconnell gave them a chance to earn an independent living. Mcconnell was a traveling book salesman who offered perfume to his customers. As a perk. The perfume was so popular that he soon created his own product line in the late eighteen hundreds. He recruited women. He met during his book selling days. As the first quote avon ladies in the century that followed the company became a direct selling amazon with more than six million home-based representatives at its peak. But the beauty behemoth suffered an ugly fall in more recent years value plummeted from its peak of twenty billion dollars. The company struggled to keep pace with changing consumer tastes one forbes. Report blames the company's decline on a failure to adapt to the changing role of women in the workplace. An ill conceived plan to crack the retail sector in stores like sears in jc penney after well known ceo andrea junks. Ouster in twenty eleven one citigroup analysts said quote. You guys are so totally screwed up in. So many ways that change has to be radical a report in fortune recount. The company also failed to anticipate new competition. Both from companies like amazon and from upstarts like rodin and fields. That's the skin care. Brand behind the wildly popular. Acne treatment proactiv rodin and fields was purchased by estee lauder three years later and converted into a direct selling company. The brand now grosses more than a billion dollars a year. Largely because tech savvy. Soccer moms sell the lotions and serums to their pows by a social media but avon may win the beauty competition and the end. Direct sailings appeal has faded in the us. But it's still a popular concept in many other countries and the new international focus means avon can better capitalize on hot markets like the uk where pandemic job losses led to a one hundred percent surge in new rep sign ups last year and of course avon will still be doing business in its country of origin. So if you need glimmer sticks or skin so soft well fear not. They're still just a socially distanced. Quarter away

Elgin Household And Health Hea Avon David H Mcconnell Jc Penney Andrea Junks LG Mcconnell Brazil Amazon United States Citigroup Sears Estee Lauder Soccer UK
Fresh update on "twenty billion dollar" discussed on BiggerPockets Money Podcast

BiggerPockets Money Podcast

00:38 min | 16 hrs ago

Fresh update on "twenty billion dollar" discussed on BiggerPockets Money Podcast

"Today's guests comes from our facebook group. If you're in the group you have seen daniel mills commenting on every single post. That's up there. He is one of our top commenters and when we reached out. He's actually a very interesting guy. We talk a lot about four and tax and investing in this episode but we did feel it was really important to share the story because so many people want to retire outside of the or somehow take advantage of gio arbitrage. Yeah i think it's a fascinating story. It's a completely unique perspective. But i think it. Also you know if you're not living in japan highlights the how how great we have it here in the united states in terms of applying the basics of building wealth. Because think about when you listen to this show about the hurdles that daniel has to jump through in order to build wealth and apply the same fundamentals. We talk about week to week. You're on the bp money show. There's so much harder for him doing it through japan. There's a couple of loopholes do that. He benefited from that. I think are really interesting. But i think you'll enjoy this show. And i think it'll make us appreciate the things that we have here in the states investors as well. Yeah it really does make me appreciate being a a local localish investor before we bring in daniel. Let's hear a note from today show sponsor after the moon landing. The private sector's ambitions of space exploration went no further than doing government grunt work and lobbing satellites into orbit but twenty years ago. A new breed of space enterprise emerged now businessman with ambitions ripped from the pages of scifi novels. Lead the way forward and they've turned it into a four hundred and twenty billion dollar industry. Business boards gives you the unauthorized real story of what drives the biggest companies and their leaders investors and executives to new heights or two ruins the latest season of business. Brings you a story about the new age of space station and to corporate rivals at the forefront spacex led by elon. Musk and blue origin. From jeff bezos. Follow along as they uncover the corporate space race powered by big bucks tech breakthroughs stunning failures and big personalities. You know that my husband talk nonstop about tesla. But he also talks nonstop about spacex. We watch all the rocket launches and returns and i love this season of business because they share the seldom told stories. These fascinating companies rockets are so cool. You can listen to the latest season of business wars space x versus blue origin on apple podcasts. Spotify or listen ad free in the wondering app wondering feel the story. Daniel bills all.

Daniel Japan Jeff Bezos Daniel Mills Today Facebook Apple Spotify Twenty Years Ago Space X United States Single Post Four Hundred And Twenty Billio Elon. Musk One Of Our Top Commenters Two Ruins Four So Many People
$1,400 Checks And Help For The Jobless: What's In Biden's Plan To Rescue The Economy

NPR's Business Story of the Day

03:54 min | Last week

$1,400 Checks And Help For The Jobless: What's In Biden's Plan To Rescue The Economy

"President elect joe biden. Says if the us is going to come back from his pandemic it has to spend big biden outlined his strategy last night. It's an ambitious plan with a total price. Tag of one point nine trillion dollars in additional congressional aide. Npr's scott horsely is with us this morning. Hi scott good morning rachel. At this point congress has already allocated around four trillion dollars in federal relief aid for the pandemic but biden. Now clearly saying that's not enough this right. He acknowledged the fixes. He's proposing won't come cheap but he warned. The cost of inaction would be even higher. He spoke at a time. When we're losing more than four thousand people every day to covid nineteen and more than eighteen. Million americans are still out of work. Crisis of deep human suffering is in plain sight. There's no time to waste. We have to act now in recent weeks. We've seen a frightening surge in both death and new infections and beyond the illness and the loss of life. There's been a serious toll on the economy. Rachel just last week more than one point. Two million people filed new applications for unemployment relief. We're still short millions of jobs and we actually lost jobs. In december for the first time. Since april let's focus in on on specifically the pandemic. How does biden proposed getting out of that. He was more aggressive federal response. You know president trump a lot of emphasis on developing new vaccines in record time. But once they were in hand the administration really left it up to states to distribute them. And it's gone much more slowly than promised in fact biden branded the rollout so far a quote dismal failure The president-elect is calling on congress has been twenty billion dollars on a nationwide vaccine campaign and he wants to hire one hundred thousand additional public health workers we'll have to move heaven and earth to get more people vaccinated create more places for them to get vaccinated to mobilize more medical teams to get shots and people's arms to increase vaccine supply to get it out the door as fast as possible. Federal reserve chairman. Jerome powell underscored that point yesterday saying the single most important economic policy in the country right now is healthcare policy right. They're completely entwined so. Even if biden meets his goal of delivering one hundred million shots in his first hundred days which experts say is a stretch. Right that's not suddenly gonna fix the job market. What is biden saying about that right. So he's calling for another round of direct payments. Have fourteen hundred dollars for most american. That's on top of the six hundred dollar payments that were approved last month he also wants to increase unemployment benefits and importantly he wants to extend those benefits through september or even longer if conditions warrant. He's also calling for hundreds of billions of dollars in spending to help schools reopen safely and help state and local governments keep teachers and police and firefighters on the job and he's proposing some longer term measures including a boost in the minimum wage to fifteen dollars an hour. I mean i guess. He's got some support in congress. It's tipping his direction. But what are the chances that actually gets through uncertain you know. Democrats have the narrowest possible margin in the senate and not much bigger majority in the house. as much as the president-elect is urging law makers to act quickly he acknowledged this is not gonna be like throwing a light switch when he takes office next week. We didn't get into all this overnight won't get out of it overnight. We can't do it as a separate divided nation only way we can do. It is to come together to come together as fellow americans as neighbors that is obviously a very different tone than what we've been hearing in washington lately. Certainly parts of the biden plan are not gonna win. Bipartisan support of the chamber of commerce for example are very skeptical of that fifteen dollars minimum wage but the chamber put out a support a statement especially about the vaccine turbo charging. You know everybody wants to put this pandemic behind them as quickly as possible.

Biden President Elect Joe Biden Scott Horsely Congress Jerome Powell NPR Rachel Scott Federal Reserve United States Senate Chamber Of Commerce For Exampl Washington
The new richest person in the world

Reset

05:35 min | Last week

The new richest person in the world

"Richest guy in the world and he's got a problem and he wants our help last week. Elon must tesla. Ceo became the world's richest person. Beating out amazon's jeff bezos for the title. At least for now and now that he's got more money than anyone else on the planet. Musk has a classic mo money moog problem problem trying to figure out how to get rid of some of that money here. Talking about that is rica. It's teddy schlieffer. Hey daddy hey. How's it going good. Let's let's talk about this very specific problem. That eland moscow has that only the world's richest person can have first of all. Let's discuss How rich elon musk is. What's his his wealth. As of today ish so as of today ash it's north of one hundred ninety billion dollars. It's been over two hundred billion dollars for Sometimes this week and it's largely because of this pretty extraordinary run for alonzo. Main company tesla which has seen its stock. Go up seven hundred percent in county or twenty twenty. So he's had an incredible year which has created this this weird phenomenon where late two thousand nineteen elon. Musk was somewhere around. The twenty billion dollars of net worth and suddenly he's a mere twenty million and suddenly his net worth has ten. Fold whatever whatever word you want to use for that And it's been a pretty extraordinary development. And now you had the situation where He's the wealthiest person in the world and it doesn't just mean there's going to be questions about philanthropy but kind of more broadly. I mean the richest person in the world tends to become almost as avatar for american capitalism. Right obviously people laugh who are upset about income inequality they take the richest person in the world which was once bill gates. And then it was. Jeff bezos now. It's going to be on. Musk and that person becomes a symbol for what's wrong with america and there is so a lot is now going to have this. Sort of new level of scrutiny. That he hasn't had up to date and must someone who has a lot of who generates a lot of attention Already people people love his cars. They love his company. They love paying attention to them. They love to hate him so it's not like he he's like wife lower But but it is a new level of scrutiny and this this level of wealth may not stick around right. It's historically stocks that go up seven hundred percent year don't always retain that level so he may go back to being a mere twenty billionaire at some point but for the for the meantime he's the richest person in the world so How much do you think he intends to give away so musk has said that he basically plans to get rid of all the money in some way or another i mean. He said that he wants to spend Half of his money on problems here on earth and half of his money on problems on outside of earth and specifically to develop a civilization on mars. Musk is obviously also the founder of spacex company. That's trying to do interplanetary spaceflight. But musk has also signed the giving pledge which is something that lots of billionaires have signed to give away at least half of their money either in their lifetimes earned their will but taking a step back. This was all when he was much poorer so to speak. I mean this was. This decade can described as poor when he was a millionaire poorer poorer. And look it's not We'll make light of this this problem but there is this age right now in american capitalism where there are extremely wealthy. People who are accumulating assets and they honestly. I don't really know what to do with it right. They almost become asset managers. Where you know they hire family offices that can get pretty big whose job it is is to basically keep the money from at least not depreciating And it does raise questions about. What should this money be doing. Because if it's just sitting there on some wealth management account you know obviously a lot of the reason why billionaires justify being billionaires is this belief that they're gonna do good with the world so don't tax us too highly. Yeah so let's let's let's talk about that. I mean you you've covered this Several times for recode basically the the billionaires have special problem which is difficult for them to give money away and one is explained pretty succinctly that unless they give a lot away. The money keeps accumulating just through sort of basic interest But and i mean it seems like you could solve that by giving more of it away and it seems like a lot of them are paralyzed about sort of not knowing the right way to put it to work and they end up sort of doing nothing yeah So so where do you think. Musk falls in that is is. He fancied himself. Sort of a you know contrarian Does he have a different plan than the average billionaire. Yeah i mean. I think in a lot of ways he at least has a point of view and claims that he is clear eyed about what he wants to do with it right. Lots of billionaires Succumb to what some people call analysis paralysis. The idea that like. I have no idea what to do with the money. So right i'm gonna do nothing and maybe figured out a musk. Obviously he's about fifty years old. And he's maniacally hard worker That's how he stylized himself so he said he basically doesn't have too much time to think about these things but as someone who signed the giving pledge at least in theory should be giving away a hundred billion dollars which would make it bigger than the gates foundation. This could be theoretically if he falls his philanthropic pledges in letter. At least this could be one of the world's most important philanthropies so like the stakes are pretty damn high.

Jeff Bezos Musk Tesla Elon Musk Elon Spacex Company Alonzo Rica Moscow Amazon Bill Gates America
Back in Control; a Chronic Pain Series with David Hanscom, Orthopedic Spine Surgeon

Outcomes Rocket

05:29 min | 3 weeks ago

Back in Control; a Chronic Pain Series with David Hanscom, Orthopedic Spine Surgeon

"Welcome back to the outcomes. Rocket saw marquez's here. And today i have the privilege to host. Dr david hans kohn he is an orthopedic spine surgeon who practice focused on patients with failed back surgeries he quits practice in seattle washington to present his insights into solving chronic pain which evolved from his own battle with it. The second edition of his book back in control surgeons roadmap out of chronic. Pain is just a great read. His website back in control dot com presents. An action plan on how to get rid of chronic pain. How to cure it his new book. Do you really need spine surgery. Take control with the surgeons. Advice was released this fall. Two thousand nineteen. It is intended for healthcare providers and patients alike to make good decisions about undergoing spinal surgery. We're gonna be diving into healthcare costs. The use of medicine the over use of medicine and chronic pain and dr hans com is gonna give us his perspective on it so just such a privilege to happy here david. Thanks for joining us. Thank you very much for having me on your show so before we dive in to what you guys do at back in control dr hans come. I want to better understand what inspires your work in healthcare. He sheriff's with us a little bit about that will. I'm a little bit of a different perspective. Advice spent two years training in internal medicine so sort of like an internist about the whole patient from the beginning finished started despite the orthopedic surgery went into spine surgery and i took sort of research and development into internal medicine and vice versa and around nineteen ninety develop chronic pain. There was extreme notion that whole komo's thirteen years knows one of the surgeons who's been on both sides of the other very certain i trained top ship in minneapolis and i came out on fire to ensure projectors thirty and i felt obligated to do it because people were desperate. There's no the answer. I viewed myself as the end of the line in one thousand. Nine hundred eighty. Three a paper came out in the state of washington showing that the success rate of respond fusion rebecca workers compensated. Washington was twenty two percent and my results better than that but they weren't damaged better. So i just talk a first data. The humidity show. That operation didn't work and then simpson. There's been one research paper in sixty years. The documents that are spinal fusion for backing actually works. And i quit doing back for back pain. I still do quite a survey for deformity and repeat pictured reason in infection stuff but Another paper came thousand six said in a very straightforward patient when he did a back fusion. This is how to scampered beckmann at five hundred. Twelve success rate was twenty three percent so anytime of day about chronic pain went off and abyss so to speak up rings already. Seventeen different physical symptoms. I came out in. two thousand. Three is started showing the to patients in a process evolve. That was self directed called the doc project. Dress your own care and i wrote. The book explained the background to the patients but usually mostly shelter to process. I wash well over. Fifteen hundred patients go to pain free. Which i never thought was possible so i started treating patients systematically with the i caught a surgeon. Approach in on opport- here we dramatically dressing all the literature just dealing with the literature said to do and people started getting better went to pain. Pre is the same time spiny last ten years to become incredibly aggressive instead of doing one into little pieces for backing. The didn't work. We're doing eight. Ten twelve fourteen fusions. That don't work except that. The complication rate is much higher as you well know with larger fusion oshii three to five patients every week having charged on a relatively normal fines that they didn't eat as watching hundred patients go to pain-free with minimal risk in no cost so the difference between became so dramatic to me that in december two thousand eighteen actually quit my practice premature peter my career to pursue this process. Here i three years ago. December two thousand eighteen has been wrought eight months. Okay almost two years man. That's that's just incredible. I mean you know you're at the peak of your career and you decide to make a shift. I mean this this. This was a big deal for you so much so that you decided to change at all while the promise people understand is that people are concerned user last resort. And it's a last resort. It's or something operate on. But for instance it have degenerative disk disease which is actually been documented to be a normal finding as you age is been well documented that it had not a source of pain. No no research paper documents that it works where it almost twenty billion dollars year of his operation. That doesn't work and on top of that with chronic pain way to induced. Depression

Dr David Hans Kohn Dr Hans Com Dr Hans Marquez Washington Komo Seattle Beckmann Minneapolis Rebecca David Simpson Disk Disease Depression
What airlines, other industries got in $900B relief bill

P&L With Pimm Fox and Lisa Abramowicz

05:43 min | Last month

What airlines, other industries got in $900B relief bill

"Or next guest. Points this out. Tax payers are putting up almost five hundred thousand dollars for each laid off airline worker to have three months of employment while cooks and waiters. Get nothing in other words. Airlines are outranking restaurants in relief. Money don't oh sarah. Bloomberg opinion columnist joins us now. Joe did thought go into this or was it a simple matter of the airline lobby being more powerful than the restaurant lobby well. They're barely is a restaurant lobby that start there whereas airlines have been Staffed up you might want say for for many decades because airlines have had dealings with the federal government from many decades between the faa and you know various various airline regulations. I wanna sell for so so you know you start there. I mean restaurants are just just diffused organization. They're not large companies. And even you know restaurant chains. I mean putting mcdonald's aside You know in a city. Like new york danny meyer. Who is probably the best known restaurant tour in the city. You know he has maybe twenty restaurants and do that just doesn't give him the clout that the airline industry has even though they employ more people and even though there are people are really really hurting. So joe this is a column by comparing and contrasting the airline industry with the restaurant business so the restaurants. Obviously it is a you know. It's it's industry. Lots of independent operators historically has not been pushed to organize better this industry that is so important to many people's daily lives. Well is a restaurant lobby of sorts. the national restaurant association. But it doesn't seem to have a lot of clout For whatever reason after the pandemic After the first round of of a stimulus the ppp program There are a bunch of independent restaurant. Tours tried to start an organization called the independent restaurant coalition and they had a lot of success. They got they. Have they have a bill that would cost one hundred twenty billion dollars which is a lot of money and the idea. Is that instead of trying to do it like ppp. You know the restaurant industry would be get money. Based on last year's revenues pre pre pandemic revenues and and believe it or not. The bill passed the house in october. Actually by quite quite a large margin it had more than fifty co sponsored in. The senate bipartisan but in the senate is run by one guy and his name is mitch mcconnell and he was more interested in that three martini lunch tax break which he claims. We'll help restaurants but no one in the restaurant. Industry seems to think it will make much difference at least not in a short term. I mean at the very least if people start flying again. They will need to go out for runs at their destination. But it's gonna be a long time before people really start flying in numbers again joe particularly since the vaccines aren't out there yet. So you know what is the thinking behind. This was going to thank the. There's two things going on here. the first is that that airlines You know they will be bringing people back to work. It's easier to give money to a large company that can do one thing that can bring fifteen thousand people back to work. They can bring twenty thousand people back to work. It's easier whereas You know giving money to restaurants is kind of a messy your proposition. Because they're all so. Many of them are so small. And it'll be you know there's that but the thing you have to remember about restaurants it's not just a place to eat. Every major city in the united states restaurants are at the core of vibrancy and their downtown area. And you know if you're going to build a new suburban area it's going to be built in large part around restaurants. I mean they play a hugely important role in the life of cities and so ignoring restaurants is really a dan damaging america's cities and. That's what breaks my heart about this more than anything else. So what's the i guess. The fate of the us restaurant. I if you will. I mean these. I'm going to call them. Individually owned mama. Pop if you will. But you know the the non chain owned restaurants. The numbers were seeing in not just new york city but a kind of across the country are staggering in terms of how many are likely have gone out of business are likely to go out of business. How bad is it going to get a hundred and ten thousand estimated to have gone out of business in the us. That's a lot you walked. I mean look. I'm a new yorker so i walked on the streets of new york city and you just see them closed up everywhere You know some of them will survive. There's certainly will. There are restaurants that will survive. There's there's no question about that. Some of them have learned to shift to take out Even even at the very high end i get. I get a notice from Daniel baalu who's one of the great chefs in america. Saying you know. Get get our christmas dinner for you. Know seventy five dollars will drop it off at your house that kind of thing so you know. Some restaurants will survive. But i think what you're going to see is that when the pandemic and and people can start going to restaurants again You'll see a lot fewer restaurants and it will take. I think generation for restaurants to build up to where they were just because there'll be so little capital left in the industry

Danny Meyer National Restaurant Associatio Bloomberg FAA JOE Senate Mcdonald Federal Government Sarah Mitch Mcconnell America New York New York City Daniel Baalu
Challenging Microsoft, Salesforce to Purchase Slack for $27 Billion

Business Wars Daily

04:10 min | Last month

Challenging Microsoft, Salesforce to Purchase Slack for $27 Billion

"To be a leader of a company that brings virtual teams together since the pandemic emerged. Software companies. selling. Collaboration tools have found themselves in the corporate. Sweet spot the pandemic is made formerly useful tools utterly essential without videoconferencing document sharing the light corporate productivity would ground to a halt when we all began working from home now that more and more big companies are telling employees. They can work from home forever. It appears that teamwork may never go back to the way it was before remote teams. Could well be the new normal. A world view that both software vendors and investors are banking on. That's one obvious reason behind. Last week's blockbuster deal salesforce the two hundred. Twenty billion dollar sales and marketing. Software behemoth is acquiring work chat company slack the purchase price more than twenty-seven balloon dollars. That's with a b. Ceo's of both companies spared no hyperbole in describing the potential pairing salesforce eeo mark. Benny off described it as a match made in heaven slack. Founder and ceo stewart butterfield. Said he believes. This is the most strategic combination in the history of software with the purchase salesforce could expand beyond the realm of sales and marketing and into all corners of big companies according to observers like box ceo aaron levie and slack could expand its user base something. It's apparently been struggling to do. Despite remote workers needs for better communication tools slack has one of the best brand names in the business who in the corporate world hasn't been slacked at one point or another surprisingly though the brand may be bigger than the business itself last october. The company said it had twelve million active daily users but it has an updated those numbers sense slacks sales jumped almost fifty percent in the second quarter of the year but watching as the corporate world began laying off workers butterfield warned investors that sales growth was likely to cool down. It felt a forty percent of the third quarter the new york times reported. That's all in contrast to what's happening at slacks and sale forces biggest rival. That would be microsoft. Microsoft teams competes directly with slack. Some say microsoft copied slack when it debuted teams in late. Twenty sixteen but microsoft has a built in advantage it bundles teams for free with its office suite. Microsoft three sixty five that strategy was rocket fuel for teams taking it from zero to one hundred fifteen million users in four years. According to urge reporter. Casey newton that bundling is such an obstacle for slack that the smaller company filed a complaint against microsoft with the european commission in july according to the new york times quoted in the times edward jones analysts local perk observed that the salesforce deal is an admission that slack can no longer compete against the eight hundred pound gorilla that microsoft. This is more or less saying we need more firepower. Logan told the times under butterfield's leadership slack at previously spurned other suitors including google amazon and yes microsoft itself. Sales forces pending purchase of slack is the biggest in its twenty one year history. What it represents is nothing less than the potential reordering of the silicon valley universe with this move mark. Benef- is going after enterprise sales up against microsoft directly. That's a bold move and an interesting one given that. Benny off tried unsuccessfully to sell salesforce to microsoft five years ago. What happens next should be interesting for everyone involved especially employees simply trying to be productive in stressful remote interrupt driven circumstances as the pandemic rearranges. Our work lives. It's also rearranging challenges and opportunities for makers of collaboration software. This won't be the last matchup. We'll see for companies that help us get work done together. As common collaboration software appears to be only about ten percent of us. Use it today. Box seo erin. levy says there's a huge untapped market out and so there are likely to be many many more deals like this on the horizon

Microsoft Salesforce Stewart Butterfield Aaron Levie Butterfield Benny Casey Newton Blockbuster New York Times The Times Edward Jones BOX European Commission Logan
There Were 30 Hurricanes And Tropical Storms That Hit The Atlantic In 2020

Climate Cast

03:42 min | Last month

There Were 30 Hurricanes And Tropical Storms That Hit The Atlantic In 2020

"Twenty hurricane season goes off the charts. I'm npr chief. Meteorologist paul here. with climate. the two thousand twenty atlantic hurricane season broke several records. And it's not just the record. Thirty named storms or twelve. Us landfalls the way storms behaved. That's got climate change experts talking a record. Ten storms rapidly intensified this season hurricane ada flared from tropical depression two major category four hurricane in just thirty six hours hurricane expert jeff. Master's tracks hurricane transfer yale climate connections. Hi jeff welcome to climate cast. Hi paul what stands out to you. The most from this record atlantic hurricane season you know it was the late season activity. We had two major hurricanes november. Ada and i oughta both reached category four hurricane status. In fact i was a five. The latest category five we've ever seen in the atlantic the fact that we're able to have in november a time when the hurricane seasons normally over catastrophic hurricanes that really speaks to the unusual level of activity that the twenty twenty atlantic hurricane season had put the overall season into context for us. How does this layout compared to previous atlantic hurricane seasons. This was more than double regular season so it was like. We're seeing twenty twenty and twenty twenty one altogether in one year jeff as we watch these hurricanes rapidly intensify so quickly. Now i'm wondering what are the measurable links to climate change there. In his ernie way to quantify the climate change component to this rapid intensification. There was a paper published last year that looked at rapid intensification during the period One thousand nine hundred eighty two two thousand nine and they used a climate model to study that and they found that using the climate model could not account for the rapid intensification without using human caused climate change and that makes a lot of sense because he does energy and when you've got a lot more heat energy available to a hurricane you're gonna see more rapid intensification. You mentioned the november storms. We saw those back to back. Category four and five hurricanes hit. How can that level of human and economic destruction be a driver of climate migration the main gdp driver for the hunters economy which is the patriots hula valley with about two million people that generates sixty percent of their gdp and they basically had their economic activity destroyed their so without any economy. And with a lot of your crops by the hurricane people don't have anywhere to go. Nothing they can do to generate an income and defeat themselves so we saw the back in nineteen ninety eight. When mitch hit we had hundreds of thousands of hondurans leave and seek future elsewhere. We seem like we're in this era of climate change enhanced super hurricanes and seasons. How do these impact those of us. Who don't live on the coast. I made way all pay higher insurance rates to fund the people who do live on the coast who are subject to these flooding events. In fact the national flood insurance program is more than twenty billion dollars in debt. Thanks to all the storms. We've seen in recent years and you know here in michigan where i live.

Hurricane Hurricane Ada Jeff Paul Hurricane Season Depression Atlantic United States Mitch Michigan
Data Alone Is Not Enough: The Evolution of Data Architectures

a16z

05:28 min | 3 months ago

Data Alone Is Not Enough: The Evolution of Data Architectures

"Hi and welcome to the a sixteen e podcast. I'm DOS, data, data data. It's long been a buzzword in the industry whether big data, streaming data, data, analytics, data science even ai and machine learning but data alone is not enough. It takes an entire system of tools and technology to extract value from data. A multibillion dollar industry has emerged around these data tools and technologies and was so much excitement and innovation in the space. It raises the question how exactly do all these tools together This podcast featuring Ali Goatee, the CEO and founder of data bricks explores the evolution of data architectures including some quick history where they're going and surprising use case for streaming data as well as always take on how he'd architect the picks and shovels that handle data and ten today. Joining Ali this hallway style jam is a sixteen see General Partner Martinez. Casado who with other a sixteen the enterprise partners just published a series of blueprints for the modern data stack. You can find that as well as other pieces on building a businesses the empty promise of data moats and more at a sixteen dot com backslash mfl economics. In this conversation, we start with holly answering the question. How did we arrive at the set of data tools we have today Starting eighties, business leaders were kind of flying blind, not knowing how the business were doing waiting for finance to close the books and data warehousing paradigm came about they said, look we have all this data in these operational data systems. Why don't we just all that data would take it out of all of these systems transform into some place. Let's call data house and. Then, we can get business intelligence on that data and it was just a major transformation because now you have dashboard, you could know how your product is selling by region by skew by geography and that itself has created at least twenty billion dollar market that has been around for quite a few decades. Now, what about ten years ago? This technology started seeing some challenges? One more and more data types like video and audio started coming out, and there's no way you can store any of that in did our houses second they were on prem big boxes that you have to buy and the couple of storage and compute. Kim really expensive to scale them up and down, and the third thing was people wanted to do more and more machine learning ai on his data sets. They saw that we can ask future looking questions, which are my customers charn which my. Products are going to sell which campaigns should it be offering to who? So then the data leak came about ten years ago and idea was here's really cheap storage, dump all your data here and you can get all those insights and it turns out just dumping all your data in a central location. It's hard to make sense out of that data that sitting there and as a result, what people are doing now is they're taking subsets of that data moving into classic data warehouses in the cloud. So we ended up with an architectural maths stats inferior to what we had ladies go. We have data in two places and they don't make ended that or house or the stale mass, and the recent sees not great in the last two three years. There's some really interesting technological breakthroughs. That actually now are enabling a new kind of design pattern. We referred to it as the Lake House and idea is what if you could actually be able to do bi that rightly on your knowledge and what if you could do your reporting directly on your radio and your data science and your machine learning straight up on the data link I would love to tease apart a few things that have led us here. You know this is very clearly a large existing data warehouse market behind. And you know it's typified by people using sequel on structured data. Like the Emily, a use case is a little bit different than the analytics use case right the case it's normally human beings that are looking pash boards in making decisions where the. Use Case, you're creating these models and those models are actually put into production and they're part of the product they're doing pricing. They're doing fraud detection to underwriting, etc.. The analytics market is an existing buying behavior and existing customer MLA is an emerging market and so. The core question is, are we actually seeing the emergence of multiple markets order this one market? Well, there are big similarities and there are big differences. and. Let's start with similarities roughly the same data. is needed for both there's no doubt when it comes to a and machine learning a lot of the secret sauce, you'll get those. Results predictions comes with augmenting your data with additional Meta data that you have. In some sense we have the same data and you're asking questions don't differences. One is backwards looking future looking but other than that a lot of it is the same and you want to do the same kind of things with the data you want to sort of repair it WanNa have it so that you can make sense of it. If you have structural problems with your data that actually causes also problems for machine learning, actually the difference today is that. It's line of business as typically doing a and they'll science or hardcore rnd whereas housing and be I oftentimes sits in it users of the data warehouse into Beatles, our data analysts, business analysts, and machine learning. We have the all scientists machine learning engineers. We have machine learning scientists. So the personas different and it sits in a different place in the organization and those people have different backgrounds and they have different requirements on the product using today.

Ali Goatee Lake House KIM Fraud Martinez General Partner Emily CEO Founder
The $20 billion missing from this economy

Marketplace with Kai Ryssdal

02:48 min | 3 months ago

The $20 billion missing from this economy

"Los Angeles I'm Carl Rozelle Thursday I believe the twenty second of October has always to have you along everybody. We're going to start today with a story about something in this economy that is not there that isn't happening and what that means. We're going to set it up by noting that seven hundred, Eighty, seven, thousand people lost their jobs last week and made first time claims for unemployment benefits less than the week. Prior, it should be said, and also that the Labor Department adjusted downward is numbers for the previous couple of weeks. And that's good. It really is but the number of people on government assistance because they have lost their jobs is still stratospheric. Lee High millions of them are running out of benefits and as you know, those extra six, hundred dollars a week went away in August. And that to get back to the thing that's missing is sucking billions of dollars out of this economy compared to earlier in the pandemic how many billions? Marketplace's Mitchell Hartman gets the lead story today. The answer is. Twenty billion dollars a week. That's how much is not getting into out of work Americans, pockets since a bunch of federal assistance programs for the unemployed started running out in midsummer Andrew Statler at the Century Foundation says based on Treasury data, they were getting twenty six, billion a week that as come crashing down to just six billion dollars, it's much less support to. Families and to the economy than we had six hundred a week in federal pandemic payments expired at the end of July the President's partial replacement program ran out of money last month also folks laid off back in March and April are now running out of their twenty six weeks of state jobless benefits some but not all are getting a thirteen week federal extension. Unemployment benefits now average three twenty a week across the country. It's even less for gig workers on pandemic on employment assistance and that has made a huge dent in the purchasing power of households suffering unemployment says Mark Hamrick. Dot Com, they are really having to scrape to get by these days just for basic needs such as pay for shelter, pay the bills to put food on the table and forget about luxuries. That's exactly what Brooke Wetzel has seen play out in her florist business in La when the economy started to open up late spring sales picked up but since August things have gotten pretty slow people might have that you know extra fifty to seventy five dollars per fire arrangement. So woetzel's working part time now spending the. Rest with her homeschooling kids I'm Mitchell Hartman for

Mitchell Hartman Carl Rozelle Brooke Wetzel Los Angeles Andrew Statler Mark Hamrick Labor Department Century Foundation LEE President Trump Woetzel LA
Airline furloughs begin as federal pandemic relief expires

AP News Radio

00:40 sec | 4 months ago

Airline furloughs begin as federal pandemic relief expires

"Furloughs have started at major airlines federal pandemic relief is run out more than thirty two thousand airline employees got furlough notices American and United Airlines say they could reverse the furloughs if there is quick agreement in Congress to help the embattled airline industry the White House proposal includes twenty billion dollars for airlines the money would be used to keep workers on the payroll for six more months through next March the four big airlines have lost more than ten billion dollars since the start of the pandemic the payroll is already been shrinking but they still have more people than they need because air travel is down nearly seventy percent from a year ago I'm a Donahue

United Airlines Congress Donahue White House
UN: Global tourism lost $320 billion in 5 months from virus

AP News Radio

00:43 sec | 5 months ago

UN: Global tourism lost $320 billion in 5 months from virus

"Even sixty general Antonio Guterres says the tourism global industry has been devastated by the corona virus pandemic in a policy briefing on video address Guterres says three hundred twenty billion dollars has been lost in exports in the first five months of this year alone and more than one hundred twenty million jobs are at risk adding the tourism is the third largest export sector of the global economy behind it fuels and chemicals and in twenty nineteen accounted for seven percent of global trade within the first five months of twenty twenty because of the pandemic international tourist arrivals glibly decreased by more than half an earnings plummeted I'm Charles de Ledesma

Antonio Guterres Charles De Ledesma
Fed sees dim economic outlook as virus squeezes economy

AP News Radio

00:48 sec | 6 months ago

Fed sees dim economic outlook as virus squeezes economy

"The federal reserve says a corona virus pandemic will act as a drag on the economy for months to come federal reserve board chairman Jay Powell following Wednesday's policy meeting said a key interest rate will remain at just above zero percent as a pandemic continues to be the most compelling factor against the economy a full recovery is unlikely until people are confident that it's safe to re engage in a broad range of activities the fed announced no new policies saying it will continue to buy about one hundred twenty billion dollars in treasury and mortgage bonds each month as a way to inject cash into the financial markets Despard borrowing and spending the fed's overall message is that it will keep rates low indefinitely with the economy in a severe downturn Tim McGuire Washington

Federal Reserve Jay Powell Tim Mcguire Washington Chairman
Fed sees dim economic outlook as virus squeezes economy

AP News Radio

00:48 sec | 6 months ago

Fed sees dim economic outlook as virus squeezes economy

"The federal reserve says a corona virus pandemic will act as a drag on the economy for months to come federal reserve board chairman Jay Powell following Wednesday's policy meeting said a key interest rate will remain at just above zero percent as a pandemic continues to be the most compelling factor against the economy a full recovery is unlikely until people are confident that it's safe to re engage in a broad range of activities the fed announced no new policies saying it will continue to buy about one hundred twenty billion dollars in treasury and mortgage bonds each month as a way to inject cash into the financial markets Despard borrowing and spending the fed's overall message is that it will keep rates low indefinitely with the economy in a severe downturn Tim McGuire Washington

Federal Reserve Jay Powell Tim Mcguire Washington Chairman
Inside Washington's Name Change

ESPN Daily

06:21 min | 6 months ago

Inside Washington's Name Change

"John How's it? Goin'? It's been a little bit busy. You might be having the busiest off season well, always busy right now to all the deck Prescott stuff, but but you pretty busy. It was on? July six and a couple of things happen. I told my wife said. I'm about to work in eighteen hours a day on July six. NFL. Opposite in what is going on, and it turns out. That was actually probably a pretty good day in hindsight. John covers the Washington DC based NFL TEAM FOR ESPN Since. We are talking about names I. Do feel it's necessary to point out your John Crime I- Amina climbs two different names not. Although I will say had some relatives. Years back did like genealogy, and at one point, it was kind real in Europe, so we could be related I. Just want to put that out there well. I do get mistaken for you. Know I think there's a similarity so. So back to the name at hand. John The Washington football team announced on Monday after much speculation many reports that they will be retiring their nickname and logo after completing review that began on July third. This has been a conversation for a very very long time, but the team's principal owner Daniel. Snyder has been on the record. Saying the team would never in all caps literally change its name, and then here we so before we get to why this happened. And what's GonNa Happen Next? I just want to ask you as a beat reporter. Did you ever think this day would come? Well. Let me let me step back from that pre. George Floyd, no, because in the past. We've had a deal with this topic many times over the years especially in the last seven. I think the rise of social media has kept it alive, but during that time the plan the strategy here for the reds for Washington was to write off the storm. Just weather the storm. Go go to reservations connect with native Americans and do something like that then when you saw the social unrest this year. You started to seep in your head like they're gonNA. Come after them again and I'll tell you when it really really thought they work to be about. Run at this time was. There was a stretch it about a week where George Preston Marshall, who original owner of the of Washington? And he named the team, and he moved the team from Boston, to Washington will statue was outside their old stadium are k. well. They removed the statue, not the team, but a company in DC that owns that land, so you tweet that out and I'd say. Say Ninety percent of the mentions after that on twitter, where about what about the what about the name? What about the name? The next day team says they're going to retire bobby? Mitchell's number only retired one of the number in their franchise history, so they tweet that out and I wrote a story. Put out there. What about the? What about the name? I've. There's just becoming way too much of everything. They did route this. If they put out a statement about George Floyd about black lives matter, it would always come back to their team name. It was to a level that I hadn't seen before. It does seem though at least from the outside that the true catalysts the thing that pushed this over the edge was the teams naming sponsor Fedex and Fedex asiyo. WHO's a minority owner coming out on the record against the name? Yes and I'm going to back up a couple of weeks before that because there some parallel timelines that led to I think this occurrence and one of which was Dan Snyder had reached out I was told by multiple that he had reached out to the League a few weeks before that, and had already started to engage in conversations with the NFL, Roger Goodell about a possible name change along that same time there's the group of eighty seven shareholders and investors were combined six hundred twenty billion dollars in the lead by investor advocacy groups, so they're the ones who targeted Fedex Habsi company Nike Bank of America. It wanders sponsors. If you don't sever your ties here, you know. That's what they want to sever their ties, and so that's what they're pushing. When Fed, ex came out with the statement. That's when when people I've talked to said. That's when they knew it was over. I WANNA to talk about those groups. All of the activists who've been working tirelessly on this for years, but I thought it might be helpful to break down why the name exists in the first place. Where does it come from? The name when it first. Started I guess or was mentioned throughout history was about refer to the color skin and there is. I've got her who worked for the Smithsonian magazine, went back and researched it and found that it was way that native Americans would refer to other to differentiate themselves from. Whites or blacks or whomever else was here, so they referred themselves the redskins than it seemed to segue into a negative connotation, which you know, you'd see posters or read about posters, offering rewards for bringing fifty dollars for bringing the scalp, redskin or bringing Redskin, in which meant the scalp, so it certainly segue into something. That was a negative connotation. So how did it come to be the name of this particular NFL franchise? That's a great question, so we go back to nineteen thirty two and for anybody listening I was not covering the team at that time so nineteen who? Shared a stadium with baseball's Boston braves, so they were called. The Boston braves the following year. They moved to Fenway Park with the Boston Red Sox, so the story that that no his come about from that is that they wanted some sort of. Alliteration with the Red Sox, and so they went with the Redskins, but they also had a coach Lone Star Dietz and several native American players on the roster, George Preston Marshall said he was naming it basically in part because they had a native American coach. Now there's controversy over long star deeds whether he was actually native American up, but that was the given explanation at that time.

NFL John Washington Redskins George Preston Marshall George Floyd Dan Snyder Boston Red Sox Fedex Prescott Europe Fenway Park Baseball Twitter Lone Star Dietz Smithsonian Magazine FED Reporter
Report: State, local aid needed to avert 4 million layoffs

AP News Radio

00:46 sec | 7 months ago

Report: State, local aid needed to avert 4 million layoffs

"Hi Mike Rossi a reporting a private sector research firm outlines what Congress needs to do to prop up states and local governments in their pandemic recovery in what could prove to be a template for Congress as it works on the fifth and possibly final covert nineteen responsible private sector report says without relief for states and local governments there could be four million lost jobs moody's analytics says the five hundred billion dollars for state governments and three hundred seventy five billion dollars for local governments passed by house Democrats last month is likely beyond what's needed moody's calls for five hundred billion dollars in combined to state and local eight and the report says one hundred twenty billion dollars might be enough to get states through the twenty twenty one fiscal year that starts next week Mike Rossio Washington

Mike Rossi Congress Moody Mike Rossio Washington
Airline Cash Flow

Airplane Geeks Podcast

05:44 min | 7 months ago

Airline Cash Flow

"All right our first story comes in from our Listener Linda. This is from one mile at a time surprising statistics about mileage, plus about united, mileage plus. In, we see that united has announced financing in the amount of five billion dollars secured through the airlines loyalty program. This is part of their to have seventeen billion dollars in liquidity by the end of September. Separately CNN reports that that's three times the cash. They normally have on hint. Of course all the airlines are. Struggling essentially with their cash flow situations and they they need to have. Cash on hand united is amongst them of course and It's it's an interesting strategy to take their mileage plus program and leverage off some financing based on that and the findings. He's GonNa come through Goldman Sachs Barclays. And Morgan Stanley and united will have seven years to repay that. These affinity programs like mileage plus our big business for the airlines united estimates that the value of their mileage plus program. If it was a standalone business, would be twenty billion dollars, so there's a lot of. A lot of revenue that changes hands here. We need Dan back as guest to explain all this 'cause. I tried to read how they mortgaged their frequent flyer program to raise five billion in my head started to hurt. Well I'm just thinking I I'm GonNa. Leave the show early right now because I'm GonNa, go start the airplane, Geeks, mileage plus program. I mean there's this is a twenty billion dollar business. We're wasting our time here, guys. I know it's It's pretty amazing so. The, the partners United Partners Pay United to award miles to their own customers, so says things like credit, cards and hotels when you earn united miles or mileage plus miles by reserving at a hotel or using a credit card. United gets a piece of that action and it adds up to quite a lot. So that large part of it comes from selling miles to other airline programs. I didn't see them call out specifically income from credit cards for example card I use most often still is the united mileage plus a credit card. I would imagine they must be earning. Some money from chaser manages that card. Even My my Hilton Program have the option the option of taking my awards, my my points, basically that I earned from staying at Hilton, properties and I, either get Hilton points which I can redeem for rooms, or I can get united, miles well Hilton. Kick something that United Four that for Hilton. There's value because it's you know. It's a service can offer its customers. If you look at the one mile at a time website. It gets down to break some of the stuff down. Like seventy one percent of the cat is offer twenty, one, thousand, nine hundred. Seventy one percent of the cash flow is from sales miles purchased by third party partners. But then when you look at how it was redeemed, ninety seven percent is redeemed by. using it on united. Right for travel, in yeah, only three percent of those milder redeemed for non travel rewards, it does make you start to wonder if the the planes are just kind of you know aside business. Instead they're making money off of mileage plus baggage fees. You wonder at some point Could this be one of these businesses where you know you give away the the razors for free, and you're making it all on selling razor blades. Absolutely I am particularly these days, but even you know even without the huge drop in air traffic is the result of the pandemic. Even before that the aircraft, just the promotional item Eb. Senses Yeah and in some in some way, so it's it's a really interesting business. It's not always what you What you think we also see here that you united his made an SEC filing an aide filing in in that filing. We learn a little bit more about the program. that united mileage. Plus program has over a hundred million members. And that fifty percent of United's flight revenue comes from mileage plus members. Which is that's? That's pretty high. Also the mileage plus program generated five point three billion in cash flow from sales in two thousand nineteen, and that's roughly twelve percent of United's overall revenue. So, Oh, another interesting The number here is it. The mileage plus program generated one point eight billion dollars in Eba, DA, which represents about twenty six percent of their total adjusted ebitda. That's. earnings before interest taxes depreciation and amortization. So that's that's sort of a A. Year of earnings from an operating standpoint, twenty six percent of united's basically operating earnings from this mileage plus

United Partners Pay United United Hilton CNN Goldman Sachs Barclays Morgan Stanley EBA DAN SEC
"twenty billion dollar" Discussed on Newsradio 1200 WOAI

Newsradio 1200 WOAI

01:32 min | 7 months ago

"twenty billion dollar" Discussed on Newsradio 1200 WOAI

"Spend twenty billion dollars of your money to put some clown on the moon well it was good old American know how that's why as provided by good old Americans like Dr Werner phone brown seeing you a man whose agencies approved by Expedia com them on not even not fun but I don't say that he's hypocritical say that he's a political it says some harsh words for this man some think our attitude should be one of gratitude like the widows and cripples in old London there are large pensions to is with well it was Sunday April twelfth we did a whole show about operation paper clip and all of the off that Werner von Braun away.

Expedia London Werner von Braun Dr Werner
Asian stocks up on hopes for vaccine and economies reopening

Bloomberg Daybreak

00:44 sec | 8 months ago

Asian stocks up on hopes for vaccine and economies reopening

"Thanks in Asia stocks posted their biggest gain in more than three weeks we get the recap from Bloomberg's Juliette Sally in Singapore good morning I think hard Estrellita Japanese stocks closed at their highest levels in ten weeks on the vaccine hopes but softbank shares came under pressure in Tokyo as the company closed in on a deal to sell about twenty billion dollars of it still can T. mobile China's CSI three hundred up eight tenths of one percent south Korea's KOSPI up more than two percent airline stocks in Seoul receiving a boost as plane travel creeps back with bubble cardinals in currencies the Indonesian rupiah strengthened after the central bank may cut rates to four point two five percent well the Taiwan dollar snapped its longest losing streak in six weeks and India's replaced up to three days of losses as the dollar weakened amid the risk on

Bloomberg Juliette Sally Tokyo T. Mobile China Korea Seoul India Asia Singapore Softbank Taiwan
House Passes $3 Trillion Coronavirus Stimulus

Fox News Rundown

01:49 min | 9 months ago

House Passes $3 Trillion Coronavirus Stimulus

"Friday Democrats narrowly passed a three trillion dollar coronavirus relief package despite some division within their ranks fourteen house Democrats oppose the bill most of them in right leaning districts and only one Republican voted for it and progressives were left unhappy many initiatives they pushed for weren't included the plan provides for another round of stimulus checks a twenty billion dollar heroes fund for frontline worker hazard pay and assistance for state and local governments but Republicans roundly reject the proposal as a costly wishlist taking on issues beyond the pandemic and with president trump calling it dead on arrival it stands little chance of becoming more than a symbolic effort White House trade adviser Peter Navarro on ABC's this week so Nancy Pelosi and basically lost me with that package when she has twelve hundred dollar checks for illegal immigrants and and it just goes downhill from there meantime states are beginning to ease restrictions amid concerns of a second wave of the virus wary of high unemployment numbers crushing losses on Wall Street retail store bankruptcies and supply chain disruptions the president's encourage states to ease up as medical experts question the risk former CDC director Tom Frieden on fox news Sunday I will personally feel safer when CDC is speaking regularly to the American people they are the world's experts in this know whether doctor know whether agency in the U. S. government has the depth and breadth of expertise of CDC in New York City where I am today and where I live we are at the end of the beginning in some other places of the country it hasn't yet hit in full force as the pandemic drags on pummeling the economy there's growing concern the solution will be worse than that because of efforts aren't made to bring businesses back online vaccine or no

Peter Navarro ABC Nancy Pelosi President Trump Tom Frieden CDC New York City White House Director
"twenty billion dollar" Discussed on KTRH

KTRH

02:13 min | 1 year ago

"twenty billion dollar" Discussed on KTRH

"A popular target as was California senator Kamilla Heris Jesse Kelly of nine fifty KPRC tells Houston's morning news it was more the same progressive rhetoric that won't help in a general election debate stage in that the crowd is full of Democrat activists so you're saying things the media like you're saying things the crowd cheers on it your seem to forget to win the presidency you have to win that collar voter the next debates all our September twelfth and thirteenth in Houston as Texas southern errors county officials may go to court today to request a temporary restraining order against Exxon Mobil after yesterday's plan fire more than three dozen employees suffered minor injuries in the explosion and fire at the Exxon Mobil Baytown opens plant there as county attorney's office says a lawsuit would aim to hold the camp accountable for any violations of state law that may have led to or resulted from the fire prize gas going down again trouble a Texas is the price for regular drop to cents from last week now two forty nine a gallon gas is well below what we paid the last year at this time when it was two sixty a gallon our federal debt keeps growing in China keeps the buying our debt the US is borrowing more than a trillion dollars this year Tom Schatz with citizens against government waste tells Katie are H. news this is going to be stopping anytime soon so the Chinese and others say Hey which is not going to buy your dad anymore we are certainly little dependent on other forces around the world continuing to buy our debt the budget deal recently passed in Congress increases spending by three hundred and twenty billion dollars the federal reserve cutting interest rates by a quarter of the point the first cut in eleven years economists ray Perryman says some wanted an even larger cut they were looking for a long string of rate cuts again and they didn't get it so basically they managed to not make anybody happy yesterday president trump among those looking for more than a quarter point cut in interest rates earlier this week NFL kicks Opry's even season tonight with the hall of fame game in canton Ohio the Broncos in the falcons the hall of fame.

Katie president ray Perryman Congress senator California falcons Broncos Ohio NFL Kamilla Heris Jesse Kelly Tom Schatz US China Texas attorney Exxon Mobil Baytown Exxon Mobil
"twenty billion dollar" Discussed on WDTK The Patriot

WDTK The Patriot

02:22 min | 2 years ago

"twenty billion dollar" Discussed on WDTK The Patriot

"You'll have an hour to perhaps get that dinner. You didn't have time to eat or take care of other business before the president has his say on this issue will the president declared a national emergency and make the case for acting in executive fashion to not only pulled down the funding. He needs to build a wall. But use the the military to do it to stop what he is. Now, referring to as eight national emergency from getting any worse. What do you want to hear the president say tomorrow night, some of the debate taking place takes place between democrat and Republican party strategist, this particular? Strategist Jason Nichols thinks the president's demands just simply wrong. I absolutely disagree with the president number one. We have six hundred and fifty miles of border barriers already. We spend twenty billion dollars already on border security. We would have to seize private land in order to do. So to build further barriers. And in addition, this has environmental concerns, it just doesn't make sense putting a billion dollars or five billion dollars into a barrier. Really doesn't make sense. When in fact, it's going to take about twenty billion dollars to build with the president is talking about and forty an estimated forty eight billion dollars to maintain over the next ten years and put that on the American taxpayers unfair. It's shutting down the government. We have eight hundred thousand families that don't know when their next paycheck is coming, and we need to really make a change here. Yeah. Kaley mcenaney is the Republican National Committee spokesperson, she says. Yeah. You think that's the way to argue this point? No, I don't think so incredible. Jason's talking a lot differently than Democrats talked just five years ago when literally all fifty four Senate Democrats voted to double a portion of fencing on the southern border all fifty four Democrats voted to end the diversity visa lottery. All fifty four Democrats voted to military merit based system, and guess what voted for forty billion and border security more than eight times. What President Trump is asking for? What has changed is not the problem because the problems? Has gotten worse. What has changed its President Trump, not President Obama? They want to deprive him of a political victory. And it's so sad that they are playing with the security of the American people here. It's Apocrypha at its finest hypocrisy at it's finest, do you agree? Eight hundred nine two.

president President Trump Democrats President Obama Jason Nichols Kaley mcenaney executive twenty billion dollars forty eight billion dollars five billion dollars billion dollars five years ten years
"twenty billion dollar" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:03 min | 2 years ago

"twenty billion dollar" Discussed on Bloomberg Radio New York

"Egypt and the Dubai-based Emaar properties to develop part of the administrative competent Caro, they stoled this underscores the country's struggle to invoke top foreign companies in the project and the ability to track more FDI Middle East managing editor Alice. Shane has the latest details here we are a month ago you and I sat down to talk about one China with EMA is this more significant. What is what are the details of this is the most debacle? So we have to bear in mind that at the end of the day, Egypt needs to balance between getting the best price and the best deal for the project that it wants and getting the top tier firms and getting the FBI that this agreement this time with Chinese with with the Chinese company was the twenty billion dollar deal was a massive deal and the disagreement was on how to share revenue this time is over land price without Mara over fifteen hundred acre plot of land. But talks have stopped told us that the in their interest in the project and other various projects in Egypt is still ongoing, and they're gonna announced details later, the lead in at eight mom, we know him very well. Of course, they wanted originally to be the over doors were off of this rejuvenation project, and they were stymied in that in a tent. So does this just put it on ice with projects stop that they revisit negotiations? What does it say to you about project work? So the project itself is not stopped because there is a company that is a partnership between Egypt's housing ministry and the military which is a key component of of the economy is overseeing the project on how initially wanted to do it. There's a very famous scene between presidents and our chairman where our chairman giving a timely. No, no, no, no. We need to do it in less time. You know, maybe a few years, and after that all we know that the project was given to the Egyptian partnership now, you know, is it gonna stop no Mars role is not to happening at the moment. And as far as we know there isn't a single maybe there's one Chinese company that's developing part of the business district. But that's it. There are no foreign players in the project, and that's certainly not us. That's not what the bastards that. Egypt wants to give across whoever one could say that this is judicious prudent managing on pricing contracts by Egypt should administration. There are two sides of the argument, Allah. Thank you very much Alice Shaheen joining the very latest on the negotiations and FD. I Nancy Fahmi is a sector had for financial services. Belton financial. She joins his not from Cairo. Nancy good to see well done on getting there. And that's just pick up the story that ally. And I were talking about another deal falls apart at the moment between EMA and Egypt. The Chinese and the have had a spat over pricing. How critical is twenty nine hundred FDI for Egypt. Good morning. Nancy? Good.

Egypt Nancy Fahmi Emaar properties Middle East managing editor Shane Alice Shaheen chairman Caro FBI China FD Mara Cairo twenty billion dollar fifteen hundred acre
"twenty billion dollar" Discussed on Venture Stories

Venture Stories

02:38 min | 2 years ago

"twenty billion dollar" Discussed on Venture Stories

"Of all luxury travel hundred twenty billion dollar business. And I think that creating a hero brand in the senior mature. In consumer categories. Actually, I could see that being a very big and lucrative business early. What do you guys think are sort of the non obvious challenges that people should think about as age start billion often face? I think one of the challenges is weren't trying to target to different types of consumers one you're going to the senior. But oftentimes they're also trying to narrate to the millennial the kid of the the senior. So either it's, you know, someone likely Sinai that is trying to take care of our parents. And I think that near rating to the kids is very very different than narrating to the actual senior. And being able to do that kind of both at the same time. I think is a tremendous marketing challenge, I think the second pieces just getting in front of these consumers is tough. I mean, yes there are on their smartphones in. Yes. They're on social media. But not to the same extent that every other consumer cohort is so finding really interesting creative hats to get in front of this consumer in win their trust. I think is is a huge challenge in this category. I would I would agree in echo, some of those statements. I think customer acquisition in elder care is not something that has been totally cracked. I think your point right? Like on one hand, you're yours. Basically trying to acquire the end user, the elderly patients is a as a customer, but oftentimes it's not always the elderly patient. It's paying for the care or paying for the caregiver were paying for the new product. Oftentimes, the kids and trying to crack that customers that to two prong customer acquisition is not always easy. And then the additional component of this in to the point earlier. Right. I think this is time and a lot of lives the only costs piling up and justifying new cost even though the lung long-term probably better outcome. I think making that die proposition super clear and make it resonate with with with the elderly is something is is hasn't been one hundred Soviet should start a fee thinking about like insurance. Reimbursement here or or know what those other works. I think they will could be I think there is now a whole body of scientific research.

hundred twenty billion dollar one hand
"twenty billion dollar" Discussed on KFI AM 640

KFI AM 640

02:07 min | 2 years ago

"twenty billion dollar" Discussed on KFI AM 640

"Of a bridge that connects China and the more popular islands off the Chinese mainland. Macau and then Hong Kong, right? It is a bridge that cost twenty billion dollars to build. It was three years. It's been delayed for three years. It took nine years to build this bridge nine years, which I'm actually surprised considering how quickly a lot of the infrastructure in China does go up, right? We've seen videos where they they'll time lapse abridged that went up in a day or something. Well, this bridge is thirty four miles long to get from Long Beach to Catalina. I believe is twenty six twenty two six miles to Santa Catalina. Yeah. So so it's actually eight miles further than Catalina and this bridge cost again twenty billion dollars to make it's not gonna break even for thirty six years if at all, but one. One of the benefits it cuts the travel time right from three hours to a half hour. Yeah. And you can gamble on Macau. A big attraction there what what else would be the point of a bridge light. That's funny as I saw Mark Thompson's not here. But I saw him at the dedication to crazy. Crazy is out there because the bridge connects China to the big casino islands. How many Golden Gate bridges would this be? Ooh. If you put the Golden Gate Bridge is end to end, how long is the Golden Gate Bridge. Is it a mile to byles? Let's see here the the Golden Gate Bridge now. Now, you're to be able to do the math. Are you? Look, you know. Yeah. Oh, yeah. Yeah. Yeah. Yeah. Okay. I know that part whiparound. All right. How many Golden Gate bridges? Seven need to make this one bridge seventeen. Tim Conway.

Golden Gate Bridge Golden Gate China Catalina Macau Santa Catalina Long Beach Mark Thompson Tim Conway Hong Kong byles twenty billion dollars three years nine years thirty six years three hours
"twenty billion dollar" Discussed on AP News

AP News

01:42 min | 2 years ago

"twenty billion dollar" Discussed on AP News

"The Indianapolis zoo says it will try to determine why a lioness killed her longtime mate last Monday AP. Correspondent Jennifer king says they seem to be getting along adult females URI attacked and killed ten year old male lion. Nyack in their outdoor yard last Monday before the zoo open for the day. The two had been housed together for eight years and had produced three cubs in two thousand fifteen the zoo says Stafford and unusual amount of roaring from the yard. They tried to separate the two, but the zuri held Nyack by the neck until he stopped moving and an examination confirmed that he died of suffocation from injuries to his neck zoo says daily logs kept by the staff showed no unusual activity between the two lions the zoo tweeted Friday that Nyack was magnificent lion. Who will be greatly missed. I'm Jennifer king. China's open the world's longest sea crossing bridge linking. Hong Kong to the mainland in a feat of engineering carrying immense economic and political significance. Chinese president Xi Jinping was there to cut the ribbon and the fifty five kilometer or thirty four mile long bridge linking the city of junior high with the semi autonomous regions of Hong Kong and Macau or the twenty billion dollar bridge, which took almost a decade to build includes an undersea tunnel. Allowing ships to pass through the Pearl River delta, I'm China's manufacturing heart. The bridge will cut travel time across the delta from several hours to just thirty minutes. The falcons get a big game from their quarterback on Monday night football. And does AP's Gary MacKillop's reports keep the giants on this kid's Atlanta Falcons quarterback. Matt Ryan and backup kicker Giorgio tobacco defeated the New York. Giants twenty three to twenty Ryan completed thirty one of thirty nine passes for three hundred seventy nine yards including a forty seven yard touchdown pass.

Indianapolis zoo Jennifer king Hong Kong Stafford China Giants Matt Ryan Atlanta Falcons Pearl River Gary MacKillop Xi Jinping falcons New York president Macau football three hundred seventy nine yar twenty billion dollar fifty five kilometer forty seven yard
"twenty billion dollar" Discussed on 10 10 WINS

10 10 WINS

01:30 min | 2 years ago

"twenty billion dollar" Discussed on 10 10 WINS

"Or nj diet dot com he's lost ground ending a week that might be, remembered for a crazy high expectations the Dow lost seventy six points still, gained, one, and a half percent for the week the NASDAQ dropped one hundred fourteen points and lost one percent for the week the SNP. Shed eighteen investors were, focused on Exxon. Mobil its profits did not hit analysts targets even with the jump in oil prices last spring Intel is delaying the rollout of the. New chip raising fears its competitors will get, an edge Intel lost eight. And a half percent even though big. Picture at topped forecasts twenty billion dollars. Wipe from its value and Twitter's active user count has dropped by a million do it's purge of fake and abusive accounts that. Sent shares lower by twenty percent even though Twitter's net income sex toppled so economic growth did not impress Wall Street even though, the four point one percent GDP growth is the best we've seen, in, four, years Bloomberg money. Watch At twenty, six and fifty six past, every hour on Martin decarlo for ten ten win wins news time. Nine twenty. Seven We all know someone who is booking Hossam right no doubt moms and dads are awesome but. Booking awesome well, that's reserved for. That totally remarkable person who supported you big time now is the time to acknowledge them. You, know us we're the booth the flower company with farms located on the side of a volcano that produce, spectacular flowers well this is the perfect..

Twitter Intel Martin decarlo nj Hossam Bloomberg one percent twenty billion dollars twenty percent
"twenty billion dollar" Discussed on AP News

AP News

02:31 min | 2 years ago

"twenty billion dollar" Discussed on AP News

"Twenty billion dollar china backed rail line the east coast rail link a key part of china's belt and road infrastructure initiative connecting malaysia 's west coast to the rural eastern state was awarded in two thousand sixteen to a china company but that decision was made by the former prime minister najib razak who lost in the may ninth elections malaysia's finance minister said tuesday that the project's final cost is nearly fifty percent higher than estimated by the previous government when land acquisition interest fees and other costs are included he said talks will be held to seek a significant price reduction to make the project feasible the fbi is investigating facebook sharing of user data along with the securities and exchange commission and the justice department according to the washington post they've joined the federal trade commission investigators in looking at what facebook new in two thousand fifteen when it learned that cambridge analytica access the personal data of tens of millions of facebook users facebook didn't disclose it until this march and the post says they want to know why they're looking at the actions and statements of the company and its executives including ceo mark zuckerberg according to the report facebook confirmed to the associated press that it has received questions from these agencies and said it's cooperating the last honeybee refuge in america isn't providing enough food a new federal study looked at the northern great plains of the dakotas where more than one million bee colonies spend their summer feasting on pollen and nectar but from two thousand six to two thousand sixteen more than half the conservation land within a mile of colonies was converted into agriculture usually that means row crops such as soybeans and corn which hold no food for bees for more than a decade bees and other pollinators in america have been dwindling in numbers because of a variety of problems including poor nutrition pesticides parasites and disease experts say this new study highlights another problem that affects the health of bees the northern great plains lost about six hundred twenty nine square miles of prime be habitat and bees that have a hard time finding food or less likely to survive the winter the federal government pays farmers to keep some land wild and that benefits bees that feast on grasslands flowers and weeds but the conservation program has a cap on how much land will pay for during the ethanol boom farmers found they could make more money and corn and soybeans hi i'm megan crane ap digital manager and host.

china malaysia najib razak finance minister fbi facebook mark zuckerberg america prime minister washington federal trade commission ceo megan crane six hundred twenty nine square Twenty billion dollar fifty percent
"twenty billion dollar" Discussed on The NFL Show

The NFL Show

01:35 min | 2 years ago

"twenty billion dollar" Discussed on The NFL Show

"Take razor how's it like i would think the league would be like a developmental league to develop coaches and young people so could supplement the other but these are guys that have already been doing it for a long time and like brad childress left a job in the nfl to become the head coach of the team new highs was playing guitar on the cbs on college football on saturday afternoon now he's gonna go coach a protein and it comes back to the name recognition in football circles have bill polian right who's a part of this major football league and people are still going to be doing spn he's not going to be doing the league he's going to be all over the place it seems like how he does it won't be too bill polian he may have like a d'appel gang or something out there but but it is funny to see some of these big name guys be a part of this league and you know there will be people that tune into this just because of those names like brad children's like bill polian and and people will see what it is and what it looks like but i made sure to see if it can work out and i can't play out in and where is the money in whereas the interest coming from because obviously you know there's a lot of people that think the nfl is you know the popularity is declining so it's interesting to bring in a league at all i think you know they told the panthers for two twenty billion dollar how it declining going up i think now a gambling coming in it's going to increase i think this league has a chance to the on the surface as a chance to do something it just depends on the product that you put out there and look let's face it if you can develop quarterbacks and you can develop the game better i i would think i would think the the world league over in europe which still be good i mean they should still.

brad childress nfl football panthers bill polian europe two twenty billion dollar
"twenty billion dollar" Discussed on Manage Your Damn Money: The Podcast

Manage Your Damn Money: The Podcast

01:34 min | 3 years ago

"twenty billion dollar" Discussed on Manage Your Damn Money: The Podcast

"Valued at twenty billion dollars with some two hundred thousand members across hundred locations logo is continuing with the strategy of expanding into a wide array of jason operations to grow business today the company announced that it will be expanding the coding focus flat iron school abroad starting in london in june and we've actually talked about the flat iron school before i didn't know we work both yes shall we discussed this this was interesting flat honor in schools london's operation london peration will be based out of finsbury pavement one of we work multiple london locations and it will kick off with two courses one a fulltime software engineering immersive immersive course that will last fifteen weeks and other part time front end web develop developer course that will run ten weeks and of course like i said we've talked about flat iron before and other coating camps voting boot camps where they take you through like ten or fifteen or sixteen weeks of training where you learn how to code any walk out with i suppose certificate saying you finish but essentially the skills you need to code is an interesting path and one of the stories that we read many many shows ago now was that they were graduates were doing really really well right but that was their claim that was their claims joe absolutely some crazy like ninety percent job placement rate which makes days later something percent of all their people were in job right which people would say well why would i go to college.

london developer joe twenty billion dollars ninety percent fifteen weeks sixteen weeks ten weeks
"twenty billion dollar" Discussed on This Is Only A Test

This Is Only A Test

01:37 min | 3 years ago

"twenty billion dollar" Discussed on This Is Only A Test

"Could get them at the at the con and when that was awesome that feeling of belongs somewhere is less scarce these days because of internet communities and because there are these cons almost every other weekend moral has released twenty billion dollar movies zuma's over ten years exactly so what is what is the next evolution of comic book convention i'm is it moving toward like a packs or a dragon con where it's less about boots and it's more about small panels that people can go in and meeting spaces well if you talk to the marketing experts say that millennials are interested in collecting experiences and not physical objects oh oh thanks thanks really great from yesterday let me tell you being lectured well if you'd like to know more about millennial preference would you like to describe to my newsletter millennial preferences done that no anyway and all of that really seems the the pulse pop culture and the outsider status of pop culture of in your culture elect for lack of voter phrase bleeding into pop culture seems of culminated this weekend with the release of the movie ready player one really nice i saw last night yeah exceptionally i don't want to i'm actually not allowed to review the film for kashirin jeremy because they're watching it on friday and so i'm on an embargo they've embargoed embargoed me under threat of blunkett's nuts on twitter he used to sign any embargoes and friend fargo's.

zuma fargo twenty billion dollar ten years
"twenty billion dollar" Discussed on Still Untitled: The Adam Savage Project

Still Untitled: The Adam Savage Project

01:37 min | 3 years ago

"twenty billion dollar" Discussed on Still Untitled: The Adam Savage Project

"Could get them at the at the con and when that was awesome that feeling of belongs somewhere is less scarce these days because of internet communities and because there are these cons almost every other weekend moral has released twenty billion dollar movies zuma's over ten years exactly so what is what is the next evolution of comic book convention i'm is it moving toward like a packs or a dragon con where it's less about boots and it's more about small panels that people can go in and meeting spaces well if you talk to the marketing experts say that millennials are interested in collecting experiences and not physical objects oh oh thanks thanks really great from yesterday let me tell you being lectured well if you'd like to know more about millennial preference would you like to describe to my newsletter millennial preferences done that no anyway and all of that really seems the the pulse pop culture and the outsider status of pop culture of in your culture elect for lack of voter phrase bleeding into pop culture seems of culminated this weekend with the release of the movie ready player one really nice i saw last night yeah exceptionally i don't want to i'm actually not allowed to review the film for kashirin jeremy because they're watching it on friday and so i'm on an embargo they've embargoed embargoed me under threat of blunkett's nuts on twitter he used to sign any embargoes and friend fargo's.

zuma fargo twenty billion dollar ten years
"twenty billion dollar" Discussed on TalkRadio 630 KHOW

TalkRadio 630 KHOW

02:13 min | 3 years ago

"twenty billion dollar" Discussed on TalkRadio 630 KHOW

"And the obvious was this is about a three hundred and fifty million dollar year company compared to iheart would you like a twenty billion dollar company and i looked around the room and i finally said i be the bearer bad news but i don't see how this revenue stream is going to support this level of debt and i don't see anything that the management has told us that's going to get us beyond this point which then caused it was kind of a slap in the face to the rest of the board and the next thing i know we have fired the ceo and the cfo and cto and a bunch of other people and now i'm on a committee of three and we're spending every week for literally eleven months negotiating with bondholders and debtholders to restructure the debt of the organist of the publicly traded company at that time and spinning off a few different verticals that we didn't think were worthwhile or worth keeping so this chapter eleven that that was the big news today and all the trades and i'm sure will be on the news tonight was kind of a shrug of the shoulders to me but it came interestingly on the same day that the denver post released maybe they announced it last night was on complete colorado today was that the denver post is laying off a massive number of people that's not happening here one of the reasons that in my just in my humble opinion that the post is having to do that is they haven't recognized the changing nature of the beast which is media i have that's why i focused that's why i put in my contract and this company gleefully agreed to do so to give me complete control over my social media and to allow me and i heart to collaborate but with me owning so that i can take this brand which is the show and distribute it in all sorts of ways that are non tradition this is how you adapt in an environment where it's always kale.

ceo cfo and cto denver post colorado twenty billion dollar fifty million dollar eleven months
"twenty billion dollar" Discussed on 105.3 The Fan

105.3 The Fan

01:53 min | 3 years ago

"twenty billion dollar" Discussed on 105.3 The Fan

"The day i i think a lot a good will come from the unity of this first amendment don't tell us what to do i don't care what the issues are the fact is that uh when you have a twenty billion dollar industry and all of the players and owners are coming together on this uh it's uh it's uh it's it's something that's we've never seen before frankly a recommet alonzo i was doing the morning show the other day on monday here on the network with the college football guy from cbs brian jiji sam on saturdays with adam soccer we were talking about it and i gotta ask you like there are this is what i said to him i mean there are millions of people that actually believe it or not side with this guy the president on everything is doing and that think that these nfl players are bad news and that they're all disrespect day our military and our flag and our anthem and our country and there are people bernie the jerseys and burning their season tickets and there are people vowing to boycott the nfl over this and i mean rove's i'm not talking about one or two bay blair i'm talking about this kook has actually convinced millions of people that he's right well i will tell you after last night i was at a charity event in in uh virginia doesn't really matter which one um and i made the argument it looked like i did just now that the owners and players are coming together first amendment rights ability to talk about what is important to them so oh so platform and i was who to down by other people with the table saying you know i'm going to do this because entertainment don't tell me i gotta watch a lot of these guys disrespect the flag and.

first amendment cbs president nfl rove virginia football twenty billion dollar
"twenty billion dollar" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:21 min | 3 years ago

"twenty billion dollar" Discussed on Bloomberg Radio New York

"Think has done it's not done because you've got these activist investors as in the case of uh the dan lobes a third point and i believe nelson pelts of tryon saying wait a minute we've got an alternative to the way you've put this twenty billion dollar deal and as a result what we want is we want more of it in this other company auto he says water systems going going to uh to the other company that'll be eight billion more of revenue i mean it just goes to show you the extent to which these investors can influence management decisions and you know bear in mind this is a company that was just put together with the plan of breaking it apart so the idea that it's going to be a bit different than the original proposal amine is is particularly noteworthy from that perspective also i just mentioning the banks are saying that affect american zapping goldman sachs is ap and we are going to be talking more about this later in the show i that they did have a presentation at the barklays financial conference this morning and they release some interesting in permission about their business in particular at fixed income clients one thing that really stood out to me was how much goldman sachs relies on active managers on hedge funds in particular and how this is such a big part of their client mex and this has been a serious problem for them because hedge funds a bit losing assets and act if manager have been generally losing out to pass if managers to this sort of the profound shift that they need to face and they're they're gonna try to did have at their lending platform right with their mark s lending platform that they think generate twelve billion dollars in lending business in upcoming years that it really presents an issue for them so it does know questioned meaning the investment businesses shifting its moving away from goldman strains they tried the made some inroads as far as consumers go hasn't really done much at this point the interesting to see if this move to bolster the lending business really kind of plugs the gap essence as being created as new investment changes here and even though treasury yields today are rising a touch in the two 10year yield curve is deepening touch for still very low levels which does not bode well for.

tryon goldman sachs hedge funds nelson goldman treasury twelve billion dollars twenty billion dollar two 10year
"twenty billion dollar" Discussed on WGIR-AM

WGIR-AM

02:36 min | 3 years ago

"twenty billion dollar" Discussed on WGIR-AM

"Channel special report during the all star panel lillehammer was filling in last night and he said dr krauthammer the last time we were here with a healthcare was in february in the house of representatives how much trouble is it really in or do we know yet when mitch mcconnell is unable to lower on time you know there's is difficult because he is the wizard of capitol hill he's incredible technician in one thing he has going for him other than jones kills his the fog that in the cbo report which generally had a negative effect in terms of public opinion they projected twenty billion dollar surplus money from the treasury coming out of this bill which means that mitch mcconnell can deal from that lump of money some of it may be johnny of it to buy off leads be sort of three realistic about these two by off the senators were wholly ah saw a trojan bill possibly because despite the fact that twenty two million lose their health insurance and create says surplus to the treasury of three hundred twenty billion mcconnell can re submit the bill in use some of that money to buy off senators now this well we say by off senators what we mean as if fino's senator blow it all wanted once a damn in his district then there's the money here fort or if senator visser bat want something and in the process is dr krauthammer is alluding to the fact that he is a wizard of capitol hill and incredible tactician and one thing is going to go form other berries own skills is the cb our report that that come out of him and i find ourselves in the same astral plane if not on the exact same course and f you chuck schumer he had some comments those are coming up hanging the news now is that the seven mainly clear to the low fifty seven i'm mike patrick years alluded the stories we're following the manchester fire department is closing one station and reducing staffing at another buyer achieve dan goldin.

lillehammer dr krauthammer the house mitch mcconnell capitol hill treasury health insurance fino mike patrick years manchester fire department dan goldin jones cbo senator senator visser chuck schumer twenty billion dollar