33 Burst results for "Twenty Seven Billion Dollar"

Bill Gates looks back at ‘The Road Ahead’ after 25 years and some hit-and-miss tech predictions

Techmeme Ride Home

02:38 min | 15 hrs ago

Bill Gates looks back at ‘The Road Ahead’ after 25 years and some hit-and-miss tech predictions

"Is sometimes cop to the criticism that on this show. We tend to focus on the horse race between the big tech companies. Who's up who's down. Who like roadblocks might be a godzilla of the future and who like maybe intel seems to be sliding towards being an irrelevant dinosaur of the past. The way i like to think about it is that we're covering the evolution and creative destruction of capitalism in real time keeping score of who's the richest person in the world is probably less relevant to that task but only obliquely so for what it's worth. It's worth noting that elon. Musk has overtaken bill gates to become the world's second richest person behind. jeff bezos. Quoting the verge. The tesla ceo net worth now sits at around one hundred twenty eight billion dollars after increasing by one hundred billion dollars this year alone. There is a sizable gap between. Musk and the number one spot which is currently held by amazon ceo. Jeff bezos who has reported net worth of around one hundred and eighty two billion dollars in january. Musk ranked thirty fifth on the list. Bloomberg reports musk's rapid ascent up. The list has mainly been driven by tesla share price. The car company currently has a market cap of almost five hundred billion dollars after starting the year at under one hundred billion dollars. The guardian reports that tesla has the highest market cap of any car company in the world despite producing a fraction of the cars of more established automakers. This year it expects lose. Five hundred thousand cars compared to around ten million for a company like toyota around three quarters of musk's net worth consists of tesla shares according to bloomberg but musk's other major venture space x has also seen recent success last week the company transported for astronauts to the international space station aboard. It's crew dragon spacecraft that follows the company's first crewed flight to space in may of this year bill gates sat atop the billionaires index for years until he was overtaken by jeff bezos in two thousand seventeen bloomberg notes. That gates would probably have a higher net wealth right now if he hadn't given so much money to charity including the over twenty seven billion dollars. He's donated through the bill and melinda gates foundation since two thousand six gates. Moscow have had some high profile disagreements this year in september. Musk said gateshead quote no clue about the viability of electric trucks after the microsoft co-founder said that electric semi trucks along with electric cargo ships and passenger jets will probably never be practical earlier. This year gates told cnbc that musk should avoid making big predictions about areas. He's not familiar. After the tesla's ceo downplayed the risk of the covid nineteen pandemic. Musk overtook facebook. Ceo mark zuckerberg last week when he became the third richest person on. The billionaires index zuckerberg has since fallen to fifth in the rankings. After he was overtaken by french businessman bernard arnault and quote

Tesla Jeff Bezos Musk Bill Gates Elon Intel Bloomberg Bill And Melinda Gates Foundat The Guardian Amazon Toyota
Fresh update on "twenty seven billion dollar" discussed on Techmeme Ride Home

Techmeme Ride Home

00:50 min | 15 hrs ago

Fresh update on "twenty seven billion dollar" discussed on Techmeme Ride Home

"Is sometimes cop to the criticism that on this show. We tend to focus on the horse race between the big tech companies. Who's up who's down. Who like roadblocks might be a godzilla of the future and who like maybe intel seems to be sliding towards being an irrelevant dinosaur of the past. The way i like to think about it is that we're covering the evolution and creative destruction of capitalism in real time keeping score of who's the richest person in the world is probably less relevant to that task but only obliquely so for what it's worth. It's worth noting that elon. Musk has overtaken bill gates to become the world's second richest person behind. jeff bezos. Quoting the verge. The tesla ceo net worth now sits at around one hundred twenty eight billion dollars after increasing by one hundred billion dollars this year alone. There is a sizable gap between. Musk and the number one spot which is currently held by amazon ceo. Jeff bezos who has reported net worth of around one hundred and eighty two billion dollars in january. Musk ranked thirty fifth on the list. Bloomberg reports musk's rapid ascent up. The list has mainly been driven by tesla share price. The car company currently has a market cap of almost five hundred billion dollars after starting the year at under one hundred billion dollars. The guardian reports that tesla has the highest market cap of any car company in the world despite producing a fraction of the cars of more established automakers. This year it expects lose. Five hundred thousand cars compared to around ten million for a company like toyota around three quarters of musk's net worth consists of tesla shares according to bloomberg but musk's other major venture space x has also seen recent success last week the company transported for astronauts to the international space station aboard. It's crew dragon spacecraft that follows the company's first crewed flight to space in may of this year bill gates sat atop the billionaires index for years until he was overtaken by jeff bezos in two thousand seventeen bloomberg notes. That gates would probably have a higher net wealth right now if he hadn't given so much money to charity including the over twenty seven billion dollars. He's donated through the bill and melinda gates foundation since two thousand six gates. Moscow have had some high profile disagreements this year in september. Musk said gateshead quote no clue about the viability of electric trucks after the microsoft co-founder said that electric semi trucks along with electric cargo ships and passenger jets will probably never be practical earlier. This year gates told cnbc that musk should avoid making big predictions about areas. He's not familiar. After the tesla's ceo downplayed the risk of the covid nineteen pandemic. Musk overtook facebook. Ceo mark zuckerberg last week when he became the third richest person on. The billionaires index zuckerberg has since fallen to fifth in the rankings. After he was overtaken by french businessman bernard arnault and quote but speaking of people having a beef with elon. Musk.

Musk Jeff Bezos Tesla CEO Bill Gates Melinda Gates Bloomberg Mark Zuckerberg Gates Intel Bernard Arnault Facebook Amazon Moscow Toyota Microsoft Cnbc Co-Founder
Zoom's earnings soared nearly 3300% in second quarter

Snacks Daily

01:05 min | 3 months ago

Zoom's earnings soared nearly 3300% in second quarter

"Zoom just announced Monday that quarterly sales quadrupled to six, hundred, sixty, three, million. Then they announced that the number of paying corporate customers with more than ten employees quintupled to three hundred, seventy thousand it also increased its profit projections for this year as second time this year just don't. Do that don't do that twice by the way we don't even know what comes after quintupled. That hasn't even been reached before. Now the stock of Zoom or thirty nine percent Tuesday on news of Monday's epic earnings reports, and by the way, the stock was already up three hundred and thirty percent this year on top of that zoom video communications is now worth one, hundred, twenty, seven, billion dollars, which is fourteen lifts beginning of. Twenty. Was What two lifts knackers. The reason zoom keeps showing some believe the future of orcas remote, which would be nice for zoom, and if you don't believe that, then you'll probably just end up using zoom when you get back to the handy cozy office anyway. So Jack, what's the takeaway for buddies over at Zoom and the all time growth award goes to envelop zoom SOPs.

Jack
Fresh update on "twenty seven billion dollar" discussed on Here & Now

Here & Now

00:56 min | 17 hrs ago

Fresh update on "twenty seven billion dollar" discussed on Here & Now

"With a democrat about to take over in the white house. General motors is now getting behind. California's push to set its own emissions standards in a letter to environmental groups ceo. Mary barra said yesterday that the company no longer supports the trump administration's lawsuit against those stricter standards for automobiles and she urged toyota and fiat chrysler to get on board and join gm in its opposition. Rubbing farzad is host of public. Radio's full disclosure and. He joins us now. He robin hello peter. So the context here is the gm me head back trump's lawsuit against california because the company at one point at least believes that federal regulators should set emissions rules and not individual states. So why are they changing their minds. Now because even in less than a year the market has moved so much in one word tesla. The company is now worth a half a trillion dollars. It has the second wealthiest person on the planet in elon. Musk by comparison. Gm is worth a little over sixty one sixty two billion dollars. The market is emphatically telling you that it's no longer about miles per gallon. And you're going to get fifteen miles per gallon thirty two or your hybrid strategy. It's different binary it's between the internal combustion engine and the future which is electric. Almost very interesting You know five. Other big automakers had already gotten behind california's standards including ford and honda. So what do you think does. Gm shift mean that toyota and fiat. Chrysler are following. What does that mean for the industry and that competition as you say against tesla if all the big automakers now are on board it's all but certain i mean it. It kind of looks like a pr black guy at this point especially tone-deaf in that the administration has come out. The biden transition said that we're going to throw money and effort and bandwidth behind jobs and electric car. So if you wanna be on that same wave link if you wanna kind of totally shift. Of course they are free to stay inside that that lawsuit against california. But it's not going to have much teeth to it without abidin justice administration. Do you think of biden hadn't won. The gm would be doing any of this. Oh yeah i mean look i. Donald trump got more than what seventy two seventy three million seven hundred. Seventy two million votes and the market had shifted during donald. Trump's time in office look at what hap has happened over the past four or five years. Gm said last week it was hiking its investment electric cars by twenty seven billion dollars over the next five years. Not coincidentally people on wall street are lauding. Gm the stock is at a multi year high after bankruptcy in large part due to its efforts in electric not internal combustion. What is profitability. Look like for electric cars. That's a hugely open question. Because tesla has been iterating this for years and we know that a lot of these car companies haven't even been all that profitable in their hybrid strategy. So can they get the range that people are gonna come in. Let's say three hundred three hundred and fifty mile range and battery prices and cost of entire vehicle and customer satisfaction at a certain matrix where tesla's right now arguably wall street saying tesla has a two three four year advantage will rub infers that i was going to ask you if these automakers appear to be shifting with political winds but it sounds like what you're saying is no this is purely economics. This is purely business. You know what would happen if republican took office in four years. Sounds like you're saying much the same well. Donald trump was not overtly warm with tesla electric vehicles. He was talking about saving fossil fuels about coal about and this happened regardless even if oil prices were to collapse the market has.

GM Donald Trump Tesla California Fiat Chrysler Toyota Biden Farzad General Motors Mary Barra White House CEO Elon Musk Fiat Ford Honda
Some Canadians have made it home. Others havent.

The Big Story

09:38 min | 8 months ago

Some Canadians have made it home. Others havent.

"Are you there. I'm always here Jordan. Where where am I? GonNa go fair enough. Well it's the first day of the work week was your weekend any different from your week. aside from not making this podcast not really. I mean. I've just been kind of cooking and taking long walks no complaints. Can you even tell days apart right now? No I usually ask about three times a day. What Day is it today? I keep thinking that I'm supposed to take my garbage out Because every day feels like garbage day now for whatever that's worth but here's a question. Have you felt lucky over the past little while I don't know about lucky of definitely felt very fortunate? I've been trying to look on the bright side of things I mean. I'm very fortunate to have been able to work from home as soon as needed and my partner and I keep each other company. Why have you felt? I really have for whatever it's worth you know when we do research for the show. I tend to dig into the worst stuff. The reports out of Italy Reports from frontline hospital workers in Canada and in the United States and it really drives home the point and this weekend we were reading and listening to stories of Canadians who found themselves abroad when Justin Trudeau said. Hey this is serious. It's time to get home yet. That's that's easier said than done. Yeah and I traveled in February and I think about it. Now you know if it had been a couple of weeks later at the time everybody said it was fine to go a couple of weeks later. I would have been in that same situation. Yeah and some people right now are stuck where they are and today We're GONNA talk to somebody who just made it home under the gun barely and We'll hear from somebody at the end of today's episode. Who is not as lucky? And she'll quickly tell you where she has her situation's very fluid So we wanted to get her information there at the very least but quickly for people who still do know what day it is. Can you tell us where we are? Clara's the quote Unquote workweek. What ever that means now begins while the latest from Canada's Health Minister Patty. Hi Do. Is that if you're back from a trip and you've been told to self isolate and you don't do that. You could face a big penalty. It is critically important especially for those returning home now to ensure that they follow this public health advice that we're giving them and the advice will be not just advice if if we if we need to take stronger measures we will and that actually happened in Quebec. A woman who tested positive for the Koran virus was arrested for violating quarantine order because she was out walking her dog. Prime Minister Trudeau says between Monday and Wednesday. There will be more than thirty flights bringing Canadians. Who are abroad back home. And we are now seeing the first case of Cova. Nineteen in the north. It's in the Northwest Territories. And they've now shut down their border to all nonessential travel uh some. Mp's are being called back. On Tuesday to adopt the emergency measures that were announced last week. Those include the twenty seven billion dollar fund for direct support and the fifty five billion dollars to help business liquidity through tax deferrals as of Sunday evening. One thousand four hundred and thirty six cases of Covert Nineteen in Canada with twenty one deaths. When you find yourself in a situation like our guest today did of course you second. Guess yourself a little bit. Why did I go? How did I end up? Here what could I have done differently? It's natural but I think you have to remember as fast as this thing. Seems like it's moving now a few weeks ago unless you are really paying attention. It didn't seem that it was going to get bad. And besides buck once. You're stuck you're stuck. There's no point in questioning how you got here. You just want to get home and to do that. You might need the help of the government and as we know government. Can't help everyone right now today. I can announce we're working with Canadian airlines to make commercial flights available for as many Canadians who are stranded as possible. Now we won't be able to reach everyone over going to do our best to help those. We can't nothing is really guaranteed anymore and so you take your chances like today's guest Jordan Heath Rawlings and this is the big story. Julia Morales is a student at McGill University in Montreal and today she is in Montreal and safe so first of all. Juliane glad to hear that. Thank you go out to you back your home now. Yes where were you last week? So last week I was in Morocco originally I was will kind of just traveling everywhere and ended up in ten years from where I was supposed to take a flight back to Montreal. Tell me how you got there. Why were you there? When did you go that kind of stuff? So Group of four other students and a professor and I left from McGill University on February twenty seventh to leave for Morocco on a geological field trip. We were going to go steady the geology of the area and sort of understand what processes lead to the current geology of the region and supposedly for two weeks however we were not able to board our flight out of Morocco because of travel bans that were then instilled by the government. What were you thinking? And I don't mean this in a bad way. But what what were you thinking as the flight approached? And you knew you were going. Were you worried Had you heard anything from the government or anywhere else advising you know actually going into the trip I think. Any of the stresses kind of just related to the usual stress of traveling. Do we have everything we need. Is Everyone have a tenth? Is Everyone have hiking boots Nothing related to the extra corona virus because as we had seen on government of Canada website about point. Morocco is very safe. There were no cases or I believe zero. The two case cases of corona in the country and Italy had yet to undergo this boon which we now have seen the past two weeks So we felt quite confident in going to the country and being safe in coming back. Tell me about when that situation changed in Morocco. What were you hearing? What was happening there so every night as we would have dinner we would actually go on the corona world meter website and see what the the statistics were saying about the spread of the virus and even until the last day we were supposed to be their only about. I believe eighteen. Total cases in the country So we weren't too concerned about our state in the country more was going on in the neighboring countries such as Spain particularly Because obviously we're seeing that it was exploding all over Europe and immediately saw that the political response in all these countries with started closing down borders. We started to get concerned about the fact that we may not be able to return but up until then we have not heard anything from our airline or the government in Rocco or the Canadian government. So we weren't we again. We're not too concerned about the idea that we were going to be able to come back home. Tell me about making the decision to try to get home. What happened and what you do that. Yes so we arrived at Tangiers airport as we were supposed to and as we walked into the airport we received the news that essentially Morocco was closing. Its borders to about twenty countries. It was GONNA stop international flights in and out of twenty countries and among those were Canada. Which is quite surprising because the USA was not on the on that list in the US has many more cases of corona virus than we do and at that point we immediately started looking for other flights out of the country and we managed to book another one through Qatar And three days later we were supposed to cash played. We found out that Qatar was also closing. Its borders and would not allow us to fly through there so this all began a whole spiral of trying to find any flights out. What did you do but did we do what we kept? Trying to find. More flights we booked another flight out of Casablanca on Foulon really quickly counseled expedia actually called us about like a few hours. After having both in told us that the play it would not be going out. We booked another flight with Air Canada which then got cancelled. We booked another flight through Royal Moroccan. That also cancelled we for pretty much just desperate to find anything that would get us out of the country so our original flight was supposed to go through. Casablanca before then heading to Montreal. So you decided to take a flight to Casablanca since it's like a major flight hub in the country and we figured that our chances of getting a flight out would increase if we were in that city and so we just kept trying once we arrived in Casablanca airport. We tried to make sure if our flight would actually be going out. And the people at the counter told us that they couldn't even find our

Canada Morocco Montreal Prime Minister Trudeau Jordan Heath Rawlings Casablanca United States Mcgill University Qatar Italy Casablanca Airport Air Canada Canadian Government Partner Cova Clara MP Royal Moroccan
Canada's response to COVID-19

The Big Story

01:17 min | 8 months ago

Canada's response to COVID-19

"Candidate now has six hundred and fifty six cases of the current a virus with nine deaths seven in British Colombia one in Ontario and the latest one in Quebec Prime Minister Justin. Trudeau made an announcement promising eighty two billion dollars to help Canadians in these times. Our government is taking extraordinary measures. The measures were announcing today will provide up to twenty seven billion dollars in direct support to Canadian workers and businesses less fifty five billion to meet liquidity needs of Canadian businesses and households through tax deferrals to help stabilize the economy combined. This eighty two billion dollars in support represents more than three percent of Canada's GDP so workers who don't qualify for employment insurance can apply to receive the emergency support benefit every two weeks for fourteen weeks that can include people who have to stay home because of the current virus either because they are self isolating or maybe they're taking care of someone else. British Columbia and Saskatchewan have joined the list of provinces who have declared a state of emergency the US and Canada have banned non essential travel between the two countries. This will not affect trade.

Canada Trudeau Prime Minister Colombia Quebec Ontario Columbia Saskatchewan United States
Sanders on when he would use military action

Ben Shapiro

04:22 min | 9 months ago

Sanders on when he would use military action

"There shows a Bernie Sanders continues to skate without answering any tough questions despite the fact that he is just a personal horrible views it is just a source of endless endless insanity to me that the Democratic Party is preparing to nominate this human being it's insane the man is a walking a coexist bumper sticker is no Rothman over commentary but if the man is George McGovern exit more communist yeah let let me give you a couple of examples so Bernie Sanders let's check out his Twitter account his Twitter account is it basically AOC without the sparkling what it really is there's something he tweeted out it it's it's incredible it's incredible that this human being is taken seriously by people is unbelievable she tweets out our military is larger than these countries combined China hundred ninety one billion dollars has been flagged he flies I can actually identify China hundred eighty one billion dollars Saudi Arabia's seventy eight billion dollars France sixty one bit well as it is that which one is the vertical and first of the horizontal I Frances fifty two billion dollars I believe transferable Japan is forty eight billion dollars Great Britain fifty four billion dollars Germany forty billion dollars South Korea thirty nine billion dollars Brazil twenty seven billion dollars and that would be Italy twenty seven billion dollars Russia is sixty one billion thank you have a missile a Russian flag C. and I'm not working for Pune so what if we invested in human needs to care for one another instead what we invested a human needs to care for one another instead okay first of all I'm historical level I think it's a fairly good thing that the United States military is larger than Germany Japan Italy combined that seems like that's probably a good idea by just looking at some history but I'm very happy that the United States military is hegemonic but that's a very good thing Bernie is such a flaming communist it is like what if we book our entire military budget and we used it to pay off free child care and we just what do we really need a military so large we really need a militant and the answer is yes to stop people from killing us and attacking us and wrecking our interest the man is he's using the song imagine as a campaign platform I'm I turn does no countries it's not hard if you will try but nothing to live or die for adults only I thank hello how are you what the hell is wrong with you people and then he tweets this out together we're going to end the greed of the billionaire class I'm just a question to one question which is more greeting people will not cost you know people who created a business and then sold lots of product into lots of voluntary transactions and employed tens of thousands of people that provide products to presumably millions of people and a million people's lives easier or the octogenarian communist was down zero useful things his entire life except **** off the chief of the state and a billion or taxpayer and sponsor his wife for positions for which is utterly unqualified who is greedy I'm so sick of these of these people suggesting that true altruism wise and sucking off the teach of people actually burn is insanity this is nothing new in my income level I've been saying the same things as I was making like fifty grand a year okay I totally get it this is it this is an absolute it's absolute nonsense people buy into this it turns out that and we should not be a political platform that's all this is the greed of the billing or but when you become greedy stressors question like earnings of million did he become more greedy when his net wealth went to a million and one when I took her to slip up suddenly became greedy or is it the truth that is the founders understood all human beings have the capacity for greed and all human beings have the capacity for altruism and all human beings have the capacity for sin and all human beings have the capacity for decency but according to Bernie because a materialist Marxist he believes that as you get richer you get more greedy and therefore actual saintly nest rise in being a sponge right if you're if you're burning you've never done a useful thing you're like you're actually good you're going because you never been greedy doctrine or standard taking other people's money for doing nothing but you're not greedy because the only measure greed is by your material circumstance the richer you are the more greedy you are there for the poorer you are the less greedy you are and your personal activity doesn't come into this at all this is the person that you guys want a nominee for president all right sure

Bernie Sanders
Trump Says Farmers Might Get More Aid

The Word on Investing

00:30 sec | 9 months ago

Trump Says Farmers Might Get More Aid

"President trump is suggesting the possibility of more government financial aid for farmers who are hurting from higher tariffs over the past two years the trump administration has committed to providing farmers with twenty seven billion dollars in assistance the agriculture department has said that a third year of help would not be necessary however China's economy is now being rocked by the corona virus outbreak on Twitter president from said that farmers need additional aid until the newly completed trade deals fully kick in it will be

Donald Trump Agriculture Department China President Trump Twitter
Trump's agriculture department announces 30% biofuel goal for 2050

Larry Elder

00:29 sec | 9 months ago

Trump's agriculture department announces 30% biofuel goal for 2050

"Yeah president trump is suggesting the possibility of more government financial aid for farmers who are hurting from higher terrace over the past two years the trump administration has committed to providing farmers with twenty seven billion dollars in assistance the agriculture department has said that a third year of help would not be necessary however China's economy is now being rocked by the corona virus outbreak on Twitter president trump said that if farmers need additional aid until the newly completed trade deals fully kick in it will be

President Trump Agriculture Department China Donald Trump Twitter
Make the Planet Your Valentine (Chocolate, Jewelry + More)

Good Together: Ethical, Eco-Friendly, Sustainable Living

04:08 min | 10 months ago

Make the Planet Your Valentine (Chocolate, Jewelry + More)

"Hey Liza how's it going. Are you happy weekend and Yeah Day. It is almost Valentine's said husband's prepared Like no not at all. Oh man you know. My husband was a decent job in terms of that but I mean he and I are very much or very millennial like we very much like to spend money on experiences and all that type of thing so he'll occasionally get me flowers We try not to make a big deal out of it but I think really one of the reasons why we wanted to get this episode out. There was because we just keep having more and more questions. I mean as this podcast uncast grows which were so thankful for We get new questions in our inbox in our instagram. DM's every day and a heat. People have a lot of questions around around how to make sure they. Are you know participating in holidays like they normally do because they love to their loved ones expected but they also want to make sure or that they are doing right by the planet so where I think. Valentine's Day is a great way to get in there. Yeah so my favorite stats as usual. Valentine's nine days actually pretty be. I didn't realize how bigoted in terms of consumer spending last year In the US alone with spend over twenty billion dollars on Valentine's on stage and this is actually expected to grow to twenty seven billion dollars thirty thirty two percent growth. It's huge and on average consumers fighting to spend spend almost two hundred dollars one hundred ninety six dollars per person huge right after lot. That is for sure. So that's that's how important this episode. So hopefully you have to do just starting to think that's okay and we got you. This packed with actionable steps for you in terms the Paul. You can make a Valentine's Day just more along the lines of people asking US questions. We had one of our brightly scouts. Laura Beyeler who who actually asked us a few questions about chocolate because they need chocolate is something that people know to kind of expect and love and Valentine's Day and If you're not familiar with brightly scouts it's it's actually our ambassador program the only have for brightly echo. You can join listeners. If you're interested We gather a group of like minded change makers together. Are We have a slack. Channel where people are networking. They're finding new. Friends are fine on partners for different objects will yeah exists so fine and of course yes we. For in honor of participation we give people access to free products and events all sorts of fun things so it definitely Ah Yeah mentorship calls as well so yeah check it out and but any even if you're not our scout member give us a shout out you can record a voice message and ask US questions. Do I have a question for you today. About Chocolate I know that many big chocolate companies like Percy's Mars and camp worry have promised for close to twenty years now to in child labor and Dan to be more sustainable practices to make all of these positive changes really to no avail So I just think about that during holidays survey consumerism driven Like Valentine's Day where these companies make billions of dollars and I know that are spending as consumers immersed goes a long way but with something like chocolate that feels like such a commodity in America. Sometimes it feels like a losing battle So I guess my the question is what positive changes if any have these bigger. Chocolate companies made either in their Sustainability stain ability or in there just more main practices child labor etcetera And other than where we choose to buy and how we choose to the by. What can consumers do to make positive changes not just on Valentine's Day but beyond when it comes to chocolate

Valentine United States Laura Beyeler Percy Paul America DAN
Senate sends spending package to Trump to avert government shutdown

The Michael Medved Show

00:33 sec | 1 year ago

Senate sends spending package to Trump to avert government shutdown

"Package the Senate approved a one point four trillion dollars government spending package Thursday sending the legislation to president Donald Trump the White House said trump will sign the legislation before Friday's midnight deadline and thus avert a government shutdown the bi partisan package that received approval in the house earlier in the week includes funding for the president's border wall project twenty seven billion dollars in domestic spending increases sought by Democrats and a record seven hundred thirty eight billion dollars for the Pentagon it also includes an increase in the nation wide legal age to buy tobacco products from eighteen to

Senate Donald Trump White House President Trump Pentagon Seven Hundred Thirty Eight Bil Twenty Seven Billion Dollars Four Trillion Dollars
Big spending bill wins Senate OK, has victories all around

AP News Radio

00:35 sec | 1 year ago

Big spending bill wins Senate OK, has victories all around

"The Senate approved a one point four trillion dollars government spending package Thursday sending the legislation to president Donald Trump the White House said trump will sign the legislation before Friday's midnight deadline and thus avert a government shutdown the bi partisan package that received approval in the house earlier in the week includes funding for the president's border wall project twenty seven billion dollars in domestic spending increases sought by Democrats and a record seven hundred thirty eight billion dollars for the Pentagon it also includes an increase in the nation wide legal age to buy tobacco products from eighteen to twenty one Mike Rossio Washington

Senate Donald Trump White House President Trump Pentagon Mike Rossio Washington Seven Hundred Thirty Eight Bil Twenty Seven Billion Dollars Four Trillion Dollars
California's largest utility Pacific Gas and Electric to cut electricity to prevent fires

Marketplace with Kai Ryssdal

02:27 min | 1 year ago

California's largest utility Pacific Gas and Electric to cut electricity to prevent fires

"We're starting today here in California where the lights will go out for close to a million people starting around midnight tonight it is hot dry and windy in northern California and the state's largest electric utility Pacific gas and electric says it'll turn off the power to prevent fires its power lines have caused or potentially caused several devastating wildfires in recent years but this'll be by far the state the biggest preventative power outage and as climate change makes fire seasons hurricanes and extreme weather worse across the country. This isn't an isolated story for homes schools and businesses marketplace's Megan McCarthy Carino has more on what happens when the plug gets pulled Becky Urbano is keeping a close eye on her phone so long as it's still has juice the Oakland resident has been alerted her home and two kids schools could lose power in the outage really we're kind of on call if power goes out we have to get the kids and they come home there's really no other option for us work will have to take the back seat for urban knows family and much of the region a report from utility research firm E source found power outages cost US businesses estimated twenty seven billion dollars a year you're Catherine Wolfram is an expert on energy policy at UC Berkeley which is also bracing for the outage she says events like these can really cripple business it's just not something that our economy is equipped to deal with at the university she says experiments have been cancelled in labs we'll have to throw out some perishable materials outages can have outsized effects on industries that rely on refrigeration like healthcare and food services in parts of the world where electricity is unreliable from says businesses have no choice but to incorporate the cost of backup power into their budgets upwards of ten thousand dollars for a commercial generator that becomes essential the attacks on the economy it's a cost that Knicks restaurant in Paradise California is willing to pay the town was almost completely destroyed in the it's deadliest wildfire in history last year now the restaurants got a backup generator to the backup generators says kitchen manager Joe Pickett throw that our food stays good and we still run Paninis and a coffee machine and it's the time and age where we've got to be ready for anything that comes part of the new business as usual for fire weary residents I megan Carino for marketplace

Catherine Wolfram Megan Mccarthy Carino California Megan Carino E Source Becky Urbano Paradise California Knicks Joe Pickett Uc Berkeley Oakland Twenty Seven Billion Dollars Ten Thousand Dollars
"twenty seven billion dollar" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:36 min | 1 year ago

"twenty seven billion dollar" Discussed on Bloomberg Radio New York

"When we check in with that Baxter over the last two days. Boeing has lost eleven percent and the market cap of the company has lost about twenty seven billion dollars weakness in Boeing led the Dow lower by four tenths of one percent flipside, though, we had the S and P five hundred higher by three tenths. Nasdaq composite picking up nearly one half of one percent right now the early going in Sydney looks essentially flat for the ASX two hundred and we've got. The yen trading. One eleven thirty to bid a weakness here for futures on the Nikkei Chicago contract has us down about two hundred and fifty points when the cash market comes online in about an hour from now rish absent, and of course, one of the other things that you'd be taking and people taking no Tove is what is going on in the conversation. Or should I say this these talks between Beijing and Washington DC, President Trump's top trading goes, you thing that the US needs to keep the threat of raising levies on Chinese goods, we have to have real progress, and we have to maintain the right to be able to whatever happens to the current cast. Raise tariffs in situations where there's violations of the agreement and that's the core. If we don't do that. And none of it makes me different US. Trade Representative Robert lighthizer OSA telling the Senate finance committee, the Nikon to make predictions, but says the two sides making progress the white has this week is dial back expectations of a summit and a trade deal. Between the US and China, how can the situation with wild way influence, these trade talks. That's the million dollar question. We got some more developments on the Chinese telecom. Equipment giant t mobile CEO saying that his company doesn't use while way equipment and won't do. So in the future, the company also said, it's not gonna use products from China's Z T E either. Now these remarks came as DC lawmakers took a look at T Mobile's. Planned purchase of sprint. Meantime, the chair of the house intelligence committee. This is Adam Schiff of California says he has profound concern about hallway more on that from Bloomberg's Denise Pellegrini shift told reporters at a breakfast sponsored by the Christian Science Monitor that wa represents a special threat, especially if it becomes integral an integrated into the US five G network are that of its allies, the California Democrat also saying he's been concerned about for more than a decade and his biggest story he says as possible security breaches because he says way is not an position. To say, no to China's government when it requests information. Even if there's no probable cause. And he says US allies should be concerned as well. Denise pellegrini. Bloomberg daybreak Asia. Hong Kong has stepped in again to defend the territory's foreign exchange peg, let's get details from Bloomberg's Yvonne man. The Hong Kong Monetary authority bought the local dollar again after the exchange rate fell to the week end of its trading band against the dollar this time about five hundred million US dollars worth last week bought more than three times that when it stepped in to defend the currency for the first time since August and moves are relatively unusual. When it did last year. It was the first time since two thousand five in Hong Kong, I'm Yvonne man, Bloomberg daybreak Asia to former bankers at Goldman Sachs have been banned from the financial industry for their role in the one end db scandal. We have more on that from Bloomberg's Ramy Inocencio. The Federal Reserve says Tim Leisler, and Roger are getting that punishment after coordinating bond offerings that allow funds to be stolen from the Malaysian fund. Some of the money was then according to Thorndike's used to bribe officials in Malaysia. Abu Dhabi Leister has also been fined one point four two million dollars. He's already pled guilty. His former deputy Roger own maybe extradited to the US from Malaysia after facing proceedings in courts there rainy in Bloomberg daybreak Asia. The UK has covens is willingly voted to reject. The brexit. Brought to by Prime Minister Theresa may at backsides news in the Bloomberg nine sixty San Francisco newsroom, I believe you said that she was being quote dismayed. I did fess up to it. Thanks for pointing it out again. This leaves the options back on the table. Literally all first PMA's reaction voice of bit wars for the where. The decision that this has taken tonight and opposition leader, Jeremy Corbyn going on the attack. The prime minister's run down the clock on the caucus rain run out on her. Maybe it's time. Instead, we had a.

Bloomberg US China Asia Adam Schiff Denise pellegrini Boeing Thorndike President Trump Hong Kong Malaysia ASX Nikkei Chicago Hong Kong Monetary authority Jeremy Corbyn Baxter prime minister Abu Dhabi Leister
"twenty seven billion dollar" Discussed on KLBJ 590AM

KLBJ 590AM

02:10 min | 1 year ago

"twenty seven billion dollar" Discussed on KLBJ 590AM

"The acting FBI director at the time that the deputy attorney general was basically trying to do an administrative coup. Take the president down through the twenty fifth amendment process. The deputy attorney general denies it. So I promise your viewers the following that we will have a hearing about who's telling the truth. What actually happened? There you go Graham explained that he will subpoena ham, if he refuses to testify before the Senate, we'd love to get your reaction at five one two eight three six zero five ninety also the wolf that cried Maga the updates on jussie smollet straight ahead right now six oh nine and time for the rush update. Well, these New York millennials socialist politicians one my friends Amazon announced they're pulling the plug on their plans for new headquarters in Long Island city, in queens after protests from these radical Democrats, socialists and other assorted cokes, and it was all because governor Cuomo's allows salesman. He ended up presenting this deal as though Amazon was not going to be paying any taxes. And in fact, would be getting a three billion dollar tax break, and that's not what was going to happen. Amazon was going to pay twenty seven billion dollars in taxes. Get a three billion tax break over the course of ten years. New York needs the tax revenue rich people are leaving. But Alexsandr ocasio Cortez is all happy Amazon's leaving Amazon's not coming. So now, she says we go get that three billion in spend for the subways and infrastructure, there isn't three billion dollars if Amazon doesn't show up. You don't have three billion. It was coming from their taxes that they were going to be paying that Cuomo did a lousy job of informing people. This is classic. Normally, these are the kinds of things Democrats used to get reelected job creation income increases and so forth. But now because they've killed a corporation and they've Senate packing. The Democrats are celebrating. We'll see how this works out in twenty twenty when they all run for reelection..

Amazon governor Cuomo deputy attorney general Senate New York Alexsandr ocasio Cortez FBI president director Long Island Graham queens salesman twenty seven billion dollars three billion dollars three billion dollar twenty fifth ten years
"twenty seven billion dollar" Discussed on AP News

AP News

02:48 min | 2 years ago

"twenty seven billion dollar" Discussed on AP News

"Twenty seven billion dollars for a border wall is part of the way to increase border security, the argues, there's a crisis along the border is a humanitarian crisis a crisis of the heart and a crisis of the soul last month twenty thousand migrant children were illegally brought into the United States a dramatic increase. Critics say the security risks are overblown and his administration is at least partly to blame for the humanitarian situation. Congressional Democrats refused to fund the wall. Senate minority leader Chuck Schumer in response to the president says he has been bent on frightening, the people tonight and throughout this debate and throughout his presidency. President Trump has appealed to fear not facts division, not unity Schumer again called on the president to allow funding for the effective. Departments including extending funding for homeland security in the next month to allow time to find a compromise a court document with redacted sections easy to read shows, what former Trump campaign chairman Paul Manafort, lied about two investigators. Here's the AP's Ed Donahue, the information was accidentally revealed in a defense lawyer filing that was meant to be redacted the AP reviewed the material because it wasn't properly blacked out. It says Manafort shared polling data during the two thousand sixteen presidential campaign with an associate accused of having ties to Russian intelligence and lied to federal investigators about it. The filing does not say if the polling information was public or what was done with it. Prosecutors manafort's lies went against their plea agreement. He pleaded guilty in September. The filing revealed the first extensive details of what Manafort lied about. Ed Donahue, Washington. This is AP radio news. The American Cancer Society says the nation's cancer death rate. It has reached a milestone it has been falling for at least twenty five years. That's according to that report, lower smoking rates are translating into fewer deaths advances in early detection and treatment also having positive impacts. The report also finds obesity related cancer, deaths arising prostate cancer deaths are no longer dropping all forms of cancer. Mean it remains the number two cause of death in this country. Most felons regain their right to vote today in Florida under a voter approved state constitutional amendment. It's all about this represents me being citizen, again being able to have a voice of the new amendment potentially increases the pool of eligible voters by as much as one point four million people in Florida felons who have completed their prison sentences as well as probation and parole now eligible to vote only ones barred or those convicted of murder or sex crimes. I'm Tim Maguire AP radio news..

Paul Manafort Chuck Schumer AP Ed Donahue president American Cancer Society President Trump United States Florida obesity Tim Maguire chairman murder Washington Twenty seven billion dollars twenty five years
"twenty seven billion dollar" Discussed on KQED Radio

KQED Radio

02:12 min | 2 years ago

"twenty seven billion dollar" Discussed on KQED Radio

"Behaviors society becomes how we behave. Next time. You're stuck in traffic. Consider the fact you're part of the problem. The point I walk to work. You get the point. I mean, the point is. Yeah. No, I take responsibility. When something goes wrong relationships, go south take account to your own relationship to the issue. And so I I learned a lot from that. And look I'm someone again, I I'm gonna make mistakes. I will take risks not reckless in life. I I I've done some things that that I will permit the regret I do things that I don't regret that. I learned from that were mistakes. And one of them is a perfect example. I came out with an economic development plan work with McKenzie. And the Brookings institute traveled the country, virtually and physically to learn about best practices economic development. Had a press conference about a thousand people showed up that was a mistake. I don't regret that mistake as it was overshadowed gone ahead of the skis. You know, Jerry was dealing with a twenty seven billion dollar budget deficit. I was focused on the twelve point four percent unemployment business background, and it wasn't his priority at the moment. And he's the governor. I'm not and he was right. I was wrong in that respect though. I don't regret the effort. I do regret not being respectful enough of where he was at that moment. And I hope to next Lieutenant governor considers that exactly. If you talk about that. I know it's hard to eat chicken talking to Jerry about these kinds of things is never easy. I mean, I also there's a familiarity issue just known him forever. Kathleen, Brown's Godfather's my grandfather, my grandfather ran Pat Brown's campaign or charity for district attorney in San Francisco goes back generations. And so there is a familiarity that also. I don't wanna say contempt because there's no because that that's a quotable thing. And so I'm not gonna say that. So I went out on my way to correct that statement. But I, but I it is but the familiarity meant this relationship is a little different put it that way than the traditional Lieutenant governor governor relation. Well, I think we're going to have to leave it there. Thank you so much for coming back homelessness about Jerry, you notice that. Yeah. I'm being very indulgent that all the records. Would you tell them?.

Jerry Brookings institute Pat Brown San Francisco McKenzie Kathleen twenty seven billion dollar four percent
Who's Most Valuable? Apple Is Still the Champ Over Microsoft

CNBC's Fast Money

01:36 min | 2 years ago

Who's Most Valuable? Apple Is Still the Champ Over Microsoft

"Stealing apples crown as the markets most valuable company our very own Don Q's back in the newsroom to break it down for us. Dumb. Well, Melissa it's about as heavy as heavyweight battles. Get the two biggest publicly traded companies in the land battling each other for that market cap supremacy. It's been apple for as long as many can remember, but Microsoft is one the last few rounds if you want to keep the boxing analogy. So here's how things stand apple given today's close now worth around eight hundred and twenty seven billion dollars, Microsoft, given the fact that it had an update is now worth around eight hundred and twenty two billion dollars. So the crown for now still belongs to the iphone giant, but just a few bucks here and there on stock price, and we could swing balanced back towards Microsoft at each company's respective peak market value, apple still has all the bragging rights having surpassed that big one trillion dollar, Mark. And it was on October third. It was worth around north of one point one trillion dollars that was the peak market cap for apple meanwhile, Microsoft, which also hit a record high on that same day is worth around eight hundred ninety two. Billion dollars at that point. But Apple's recent woes have cost it about a quarter of its market value. Since those highs while Microsoft is held up relatively well. Shedding only around eight percent of its value. Now, both companies are mature tech giant's that are trying to get investors to focus more on faster-growing parts of the business like say services at apple or the cloud business as your at Microsoft, so Melissa which relative value trade will investors by more into. That's the big question

Apple Microsoft Melissa Don Q Boxing Mark Twenty Seven Billion Dollars Twenty Two Billion Dollars One Trillion Dollars One Trillion Dollar Billion Dollars Eight Percent
"twenty seven billion dollar" Discussed on 106.1 FM WTKK

106.1 FM WTKK

03:46 min | 2 years ago

"twenty seven billion dollar" Discussed on 106.1 FM WTKK

"Elsewhere to tuck under the tree, here's what some marketers are up to and stores from cherise Jones national business correspondent at USA today. Sheri's what are you hearing? Everybody is fine for a piece of that twenty seven billion dollar pie. You know, toys arrest was such a huge player in that space. And now that they've basically closed up shop you've got grocery stores and drug drugstore chain and other big box stores that are already put it dented toys R recipes fortunes that are really trying to increase the space and roll out the experiences and get those exclusive toys that are going to get customers to come their way and avoid their competitors. Wow. Grocery stores to L. Yeah. Kroger already is one of the biggest sellers of Hot Wheels. Which a lot of people may not realize that you already had some that were kind of playing in that arena. But now that there's this huge opportunity. A lot more folks are trying to kind of dive into it Sam's Club party city has got these Choi a city stores that are opening up as pop ups during the holiday season. I'm so a lot of folks are trying to kind of win over that customer who no longer has toys R us has an option. To go to. So are there corresponding marketing efforts to go alongside this? You know, they're all making a really big deal about the fact that they've got you no more I'll space devoted to toys which target is doing. Walmart's Quinn have I believe one hundred and ninety thousand different events this holiday season. And a lot of that involves, you know, picking the picture with Santa it also coming and I'm boxing toys, seeing toy demonstrations. And so they really definitely are trying to sound the the bell that they're open for business that they've got all of these great items that their kids may want for the holiday, so come check them out. What's an online sales will that change at all? You know, I think that you know, Amazon is already as with everything else. You know, become a very big player in that space as well. And we haven't heard a lot about what sales are going to have yet. But there is talk that Amazon is going to have a big gifting catalog vis gear, which is going to be something that's new, and so I think you're gonna see the sales happening in both spaces. Walmart's Glynn half forty percent more toys online than a tad in the past along with three hundred toys that you can't get anywhere else. And so, you know, at this point online and brick and mortar are really of a piece. Right. You know, you can't be in business and not playing both spaces. And so you're going to see choice sales. I think both online at an actual store the guy from Mattel that you talked to said something about like the new stores coming on the senior reference party city, which I only think of like as decorations and costumes or something what's happening there. Right. Right. So they've got about fifty five toys city pop up cynically. Be around this holiday season. A lot of them are next Halloween city stores, which obviously are going to be out of business as tomorrow. But they've got these choice that he pop ups you've got old players like FAO Schwarz that are coming back on the scene. They closed up their landmark store in New York three years ago, whether opening up a new one a new flagship in rock plaza it this month, and so that's another place where folks can now go, plus they've got pop up in stores like Bloomingdales, and and other big chains. And so again, even if you don't have your own standalone shop, you have a lot of different players that are trying to have a presence in other retailers to take advantage of the void left by toys. R us Jones national business correspondent at USA Today. Thirty minutes now after the hour on This.

Walmart Amazon cherise Jones USA Sheri Kroger FAO Schwarz L. Yeah boxing Mattel Choi New York Jones USA Today Santa Quinn Glynn twenty seven billion dollar Thirty minutes
"twenty seven billion dollar" Discussed on WBZ NewsRadio 1030

WBZ NewsRadio 1030

05:08 min | 2 years ago

"twenty seven billion dollar" Discussed on WBZ NewsRadio 1030

"Don to check the numbers on Wall Street with Bloomberg's Andrew O'day the markets open about eight minutes ago and pretty much what we expected pretty much. India? Josh, not quite as bad as some futures contracts were expecting, so I guess that's a little silver lining in the cloud. Traders making a decision to send markets lower in large part because of concern over what the Trump administration may do regarding escalation of tariffs with China right now, the Dow losing seventy seven points, NASDAQ down twenty three s and p five hundred down seven investors and so called catastrophe bonds are closely watching hurricane Florence bears down on the Carolinas hoping this year storm season isn't a repeat of last year. Experts say Florence makes landfall in the Carolinas or Regina total losses could reach twenty seven billion dollars, which would be coastal and inland, and that would make it the eighth costliest storm ever to hit the US sales of wine grew in the US last year. But the one percent gain is a slower pace than the two point four percent of the year. Before the beverage information, groups wine handbook says that may be due to increased competition with spirits and beer sparkling wines, drove the wind growth, but higher quality boxed and canned wines. Also, did very well handbook reports to with major box wine brands posted double digit growth last year. Darrell right now, losing eighty seven points. Nasdaq down twenty four s p down eight business reports at eight and thirty eight past the hour. I'm Andrew O'day, Bloomberg business on WBZ NewsRadio ten thirty WBZ. News time nine thirty nine voters in New Hampshire heading to the polls today. It's primary day in the granite state eleven Democrats and five Republicans are running in New Hampshire's first congressional district which covers the southeastern part of the state from Manchester to Portsmouth and up to the Conway area in the second congressional district. Five Republicans are hoping to replace democrat congresswoman and Custer Governor, Chris sununu has no Republican challenger. But to Democrats are hoping. To face off with him in November back here in Massachusetts ballots in the third congressional district will be counted manually after secretary of state Bill Galvin ordered a district wide recount is obviously was a very close election with multiple candidates. Reinstated. It could be close with a surprise. How close it was an official results last week showed only fifty two votes separated. Laurie Trahan with fellow democrat Dan co now with most of the results certified Johann increased her lead to one hundred thirty two votes. Bernice Corpuz, WBZ NewsRadio ten thirty Red Sox were off last night. They'll welcome the Jays to Fenway tonight at seven ten Chris sale returning from the disabled list start sock. Skipper, Alex Cora has done a heck of a job in his first year in the Boston dugout. His groups the best club in the major leagues. But plenty of NFL fan basis aren't sharing the same enthusiasm after the end of the first week of the NFL season. Adam Kaufman issued explained good morning Josh tough week tough first week tough week one for NFL head coaches making their debuts either in general or with new teams all seven seven lost Owen seven first year lines coach and former patriots defensive coordinator, Matt Patricia in that mix. Forty eight seventeen blowout to rookie Sam darnold jets. The jets credit? The one that came home and play well tonight in the NFL is hard. It's a hard game competition is steep. They out executed us tonight. And of course, returning raiders, boss. Jon Gruden saw his group fall to the Rams thirty three thirteen his first game after nine years in the broadcast booth. I don't think it was a smashing debut by any sets that goes for all of us. But was more information for you after we studied the tape as you may remember Gruden coach the raiders from nineteen ninety eight through two thousand one then after the buccaneers until two thousand eighty one a Super Bowl two thousand three against his old team. So it's not as though he's clueless. Just perhaps a little out of practice listed losers from the weekend. Also includes giants head coach Pat Shurmur the bears. Matt Nagy Steve Wilks cardinals Frank Reich with the colts. Another former patriot. I your titans coach Mike variables. So we'll keep an eye on that Bill Belichick coaching tree. But in case, you're curious bell, check fourteen and five in season openers during his time in doing when we don't have to worry about Cleveland. He did lose that first one way back in two thousand pants actually dropped three out of his first four season debuts. But there's maybe hope for the other guys. Yes. So indifferently franchises with a big chip on their shoulder and laws losing record for several seasons. Last the season. Are we likely to see any departures before the end of the two thousand eighteen NFL? Well, inevitably you'll see coaches get fired in the NFL this year. I don't expect. I'd be shocked if we're any of those guys because you generally get more than a year or two to prove yourselves released year year and a half that type of thing but year one that would be a bold move because all these guys have multi year contracts. They're guaranteed a ton of money. But you could see Marvin Lewis finally get the gate. They can't win anything in Cincinnati. You could see Jason Garrett in Dallas, you could see Todd Bowles with the jets if not every game looks like it did last night. So there are different guys that might be on the chopping block. Come mid pointer ten twelve games into the season. But right now week one everybody safe don't worry about that. We'll rest easy. That's right. Thank you. You bet. The traffic.

NFL Andrew O'day New Hampshire Josh patriots US Jon Gruden Bloomberg raiders jets Bill Belichick China India Regina Bill Galvin Alex Cora Don Florence
"twenty seven billion dollar" Discussed on KCBS All News

KCBS All News

03:43 min | 2 years ago

"twenty seven billion dollar" Discussed on KCBS All News

"Bayarea air quality management district spokesperson lisa fasano says the smoke is being pushed up over the fog the fog is acting as a protective blanket for us keeping the fall out of the region and that's helpful people have experienced or have seen ash that's falling down from that smoke above the falls fasano has some tips on how to clean up that ash especially if it's on your car or porch asking is that people sweep them and create more deaths that they just use water or soapy water to wash down their patios and their sidewalks and their benches so that we can keep that dust from in training into the air national weather service meteorologist jim matthew says wind should push the smoke further inland over the next few days wednesday all the winds will be shifting to the south west both at the surface and a law and that will allow the smoking spread into the interior valley up into this year cal fire says no injuries have been reported and no structures have been destroyed carrie hodousek kcbs does the people who live in the hunters point bayview area of san francisco or joining a lawsuit related to the controversial cleanup of the old shipyard there kcbs reported exuberance as they want the company whose workers falsified data to be held responsible the hunters point residents in their attorneys were turned back as they tried to serve their twenty seven billion dollar lawsuit on tetra tech had its market street office attorney charles bonner says the two tetra tech employees in prison for lying about removing radioactive soil from the shipyard should not be the only ones held accountable switched clean dirt and left the radioactive dirt in the ground because the manages on high instructed them to do it the plaintiffs claim they're suffering cancer asthma and other health problems caused by shipyard contamination and they've been lied to about the cleanup company spokesman sam singer calls the lawsuit baseless and without merit the doctoring of any data was addressed by tetra tech in the navy and other regulatory agencies in the shipyard is clean to the standards set by the navy on the twenty two percent that tetra tech was responsible for cleaning up but there are now over two thousand people joining the case against the cleanup company in san francisco doug solving kcbs just ahead on kcbs i'm melissa colorado at the berkeley marina where a few dozen people living in our have been given at least a week before they need to clear out jerry brown is back with more kcbs traffic we've got roadwork getting started in several spots around the bay area some of it is going on of course on the altamont pass westbound five eighty you're going to be slow tonight between the railroad tracks and northland road there's the big paving project there that's ongoing for a long long time yet northbound eight eighty sing a little slow stuff through writer maori avenue looks like we've got some roadwork beginning there and in hercules i know cal trans is planning to be out in that eighty highway eighty hi way for interchange tonight right now i don't see any delays through there but that can get kind of sticky northbound highway one through pacifica also the sight of some roadwork this evening look out for a hazard on the nimitz freeway southbound eight eighty just before industrial looks like it's a stalled car taking up the second lane from the left and in san jose northbound one zero one before tully road right in the middle lane there's a stalled car kind of blocking your way eight eighty s yeah eight eighty southbound looks good through fremont it's northbound that is slow your next traffic update at nine eighteen on the traffic leader kcbs.

lisa fasano twenty seven billion dollar twenty two percent
"twenty seven billion dollar" Discussed on KCBS All News

KCBS All News

02:49 min | 2 years ago

"twenty seven billion dollar" Discussed on KCBS All News

"Kcbs news time three ten is our newswatch continues residents of an rv humidity at the berkeley marina will be allowed to stay in a lot where their vehicles are parked at least for another week so we hear from kcbs reporter melissa call ross the city is decided to temporarily suspend enforcement of laws that prohibit camping in the area public notices dated last thursday and posted in the parking lot of the h s lordships restaurant at the berkeley marina advise people living in rv's and other vehicles there that they are an illegal encampment and need to leave however on monday morning the berkeley city council voted to suspend any enforcement of laws against camping there through next sunday this resident a software engineer who didn't want to give his name is relieved but it's still pretty stressful to to know that in a week i might have to move i might have to like a place that isn't as safe as here the residents say there's is a true community and that they help and take care of each other judy is a special education teacher who's brother lives in an rv parked up a lot with his wife and she says the city should be looking for solutions all we need is for people who are so called to in their heart to step up to the plate in and follow their hearts in and participate in and help create change together the city manager has reported that safety complaints in the area have increased over the last year in berkeley melissa call ross kcbs two thousand people are signing onto a lawsuit against the company whose workers falsified data about the cleanup of the old hunters point naval shipyard kcbs reporter deck sovereign says they blame the company for health problems caused by radioactive soil people who live in the hunters point bayview area are not satisfied that to employees of tetra tech are in federal prison for switching soil samples they want the company and its executives to pay attorney charles bonner has filed a twenty seven billion dollar lawsuit the issue here is community has been poisoned the community that is suffering everyday catherine muhammed says she has thyroid cancer and her kids are sick to lie to us they told us we were safe so i'm scared for the safety of my children ask for my health the plaintiffs in attorneys were blocked tetra techs markets office from serving the lawsuit as police arrive they continued their protests company spokesman sam singer says petrotech has taken responsibility retesting and remediation are complete and there is no hazard to the neighbors health the suit is miracles the veracity of their statements and claims should be questioned but these neighbors say they can't believe anything the company says now about it's cleanup of the hunters point shipyard on whether it is safe to live in san francisco doug sovereign kcbs california's spent nearly a half million dollars providing bottled water to.

twenty seven billion dollar million dollars
"twenty seven billion dollar" Discussed on KCBS All News

KCBS All News

04:45 min | 2 years ago

"twenty seven billion dollar" Discussed on KCBS All News

"All news all the time news traffic and weather for the bay area all news one oh six nine am seven forty kcbs it's monday the second of july twenty eighteen coming up on kcbs rescuers find all twelve boys and their soccer coach alive deep inside of flooded cave in thailand a cbs news update coming right up this is why cold woman who drowned while trying to save three kids who got swept out to sea is causing a thorny issue a refresher on beach safety they've ross has some thoughts on fixing welfare good afternoon i'm geoff bell i'm patty rising it's two thirty one cbs news update it seems like a miracle the third all twelve boys and their soccer coach found alive in partially flooded cave in northern thailand bbc reporter howard johnson says finding the missing after monsoon floodwaters washed away the entrance was tough this is a labyrinth of caves and caverns and tunnels flooded teams from around the world from thailand from the uk from australia from america all helping to try and find these boys but now that they have been found cbs's tina krause says it won't be easy to get them out authorities cautioned the operation isn't over yet the six mile long cave is filled with water and divers say the boys may need to learn the basics of scuba to make their way out but a cave rescue expert says taking non divers through a cave is a very dangerous situation even if the dives are easy one of the rescuers told the boys they are very strong cbs news update news time to thirty two people who claim they've been poisoned by toxic residue at the hunters point naval shipyard joined a twenty seven billion dollar lawsuit today against the company that was responsible for cleaning it up kcbs reporter sovereign says they marched around downtown san francisco in an attempt to hold the company accountable two thousand neighbors of the hunters point shipyard are signing on as plaintiffs in the case against tetra tech which admits to of its workers falsified soil samples leaving radioactive dirt on the former base attorney charles bonner says they want new testing more cleanup and tetra tech executives held responsible these people are fighting for their lives fighting for the health and they fighting for their safety catherine muhammed can't believe new homes are already going up on land she says has made her and her children's sick the ship got assured us that we were saying that nothing no toys and here i am ten years later suffer from cancer the residents and their attorneys tried in vain to serve tetra tech with the lawsuit but were blocked by building security who called the police company spokesman sam singer says tetra tech has completed cleanup and testing the soil is safe now in the lawsuit is without merit the allegations that are being made today in this twenty seven billion dollar lawsuit really cut and paste of allegations from a discredited attorney in san francisco doug sovereign kcbs family and friends are mourning the death of a forty seven year old woman who died while trying to save three children who were swept out to sea in half moon bay last night kcbs as my cogan says the tragedy is resulting in new reminders about ocean safety family members who were at cal ranch vh managed to save the kids but emergency workers were unable to revive the woman who was from pleasanton shalini gopi with the golden gate national recreation area says it's best not to be in the water alone you run a always be swimming with someone else just in case if you are swimming and you're cotton or a recurrent just don't fight it you wanna swim perilously shore but the key thing is to avoid getting into these situations warnke with a right cross as if you can't choose a beach with a lifeguard if you end up in a beach without a lifeguard for whatever reason you need to thank safety first at all times so you need to know what level of swimming ability you and your children and your friends have if you have young children who are nonswimmers your poor swimmers they should always be within arm's reach of somebody who can swim by colgan kcbs nastase don spacecraft is sending back incredible close ups of the dwarf planet series the spacecraft has been circling series since two thousand fifteen in june it reached its lowest orbit yet skimming the surface from just twenty two miles up the latest pictures released today offer unprecedented views of a huge impact crater known for its right salty deposits landslides are also clearly visible on the rim launched in two thousand seven with an ion engine don is nearing.

twenty seven billion dollar forty seven year ten years
Bayview, Hunters Point residents join lawsuit against Tetra Tech over Hunters Point cleanup

KCBS Radio Afternoon News

04:45 min | 2 years ago

Bayview, Hunters Point residents join lawsuit against Tetra Tech over Hunters Point cleanup

"All news all the time news traffic and weather for the bay area all news one oh six nine am seven forty kcbs it's monday the second of july twenty eighteen coming up on kcbs rescuers find all twelve boys and their soccer coach alive deep inside of flooded cave in thailand a cbs news update coming right up this is why cold woman who drowned while trying to save three kids who got swept out to sea is causing a thorny issue a refresher on beach safety they've ross has some thoughts on fixing welfare good afternoon i'm geoff bell i'm patty rising it's two thirty one cbs news update it seems like a miracle the third all twelve boys and their soccer coach found alive in partially flooded cave in northern thailand bbc reporter howard johnson says finding the missing after monsoon floodwaters washed away the entrance was tough this is a labyrinth of caves and caverns and tunnels flooded teams from around the world from thailand from the uk from australia from america all helping to try and find these boys but now that they have been found cbs's tina krause says it won't be easy to get them out authorities cautioned the operation isn't over yet the six mile long cave is filled with water and divers say the boys may need to learn the basics of scuba to make their way out but a cave rescue expert says taking non divers through a cave is a very dangerous situation even if the dives are easy one of the rescuers told the boys they are very strong cbs news update news time to thirty two people who claim they've been poisoned by toxic residue at the hunters point naval shipyard joined a twenty seven billion dollar lawsuit today against the company that was responsible for cleaning it up kcbs reporter sovereign says they marched around downtown san francisco in an attempt to hold the company accountable two thousand neighbors of the hunters point shipyard are signing on as plaintiffs in the case against tetra tech which admits to of its workers falsified soil samples leaving radioactive dirt on the former base attorney charles bonner says they want new testing more cleanup and tetra tech executives held responsible these people are fighting for their lives fighting for the health and they fighting for their safety catherine muhammed can't believe new homes are already going up on land she says has made her and her children's sick the ship got assured us that we were saying that nothing no toys and here i am ten years later suffer from cancer the residents and their attorneys tried in vain to serve tetra tech with the lawsuit but were blocked by building security who called the police company spokesman sam singer says tetra tech has completed cleanup and testing the soil is safe now in the lawsuit is without merit the allegations that are being made today in this twenty seven billion dollar lawsuit really cut and paste of allegations from a discredited attorney in san francisco doug sovereign kcbs family and friends are mourning the death of a forty seven year old woman who died while trying to save three children who were swept out to sea in half moon bay last night kcbs as my cogan says the tragedy is resulting in new reminders about ocean safety family members who were at cal ranch vh managed to save the kids but emergency workers were unable to revive the woman who was from pleasanton shalini gopi with the golden gate national recreation area says it's best not to be in the water alone you run a always be swimming with someone else just in case if you are swimming and you're cotton or a recurrent just don't fight it you wanna swim perilously shore but the key thing is to avoid getting into these situations warnke with a right cross as if you can't choose a beach with a lifeguard if you end up in a beach without a lifeguard for whatever reason you need to thank safety first at all times so you need to know what level of swimming ability you and your children and your friends have if you have young children who are nonswimmers your poor swimmers they should always be within arm's reach of somebody who can swim by colgan kcbs nastase don spacecraft is sending back incredible close ups of the dwarf planet series the spacecraft has been circling series since two thousand fifteen in june it reached its lowest orbit yet skimming the surface from just twenty two miles up the latest pictures released today offer unprecedented views of a huge impact crater known for its right salty deposits landslides are also clearly visible on the rim launched in two thousand seven with an ion engine don is nearing.

Twenty Seven Billion Dollar Forty Seven Year Ten Years
"twenty seven billion dollar" Discussed on The Dave Ramsey Show

The Dave Ramsey Show

01:34 min | 2 years ago

"twenty seven billion dollar" Discussed on The Dave Ramsey Show

"Sexually statistically not true family businesses there's a whole science around family business you can actually get a degree in family business from kennesaw university now there are family business conferences there's whole reams of material written on family business and there's tons of data that show that family business privately held family businesses are more resilient and longer lasting than publicly traded companies outlast them there's a bunch of them on the landscape one of the most famous ones that makes about seven hundred million skittles ear mars candy and pet food owned by two sisters i think it's a twenty seven billion dollar company if i remember correctly two sisters on it i think it's fifth generation or something like that nobody talks about it but everybody just like well you can't handle if your kids because you if you handed off your kids it ruins your kids and now you ruined your kids on the businesses fault lots of businesses are handed off again i'll point back to chick fillet they're handing it off and doing a great job the case study at harvard on the true on the cathy family and how good a job they've done on their succession and transition blanding and all that kind of stuff lots of us have modeled pieces of what we're doing after them there's a lot of information that's one of those miss you can't borrow me out to borrow money you know here's another all right all millionaires all rich people inherited their money.

kennesaw university harvard twenty seven billion dollar
Egypt moves last chariot of King Tut to new museum

02:04 min | 2 years ago

Egypt moves last chariot of King Tut to new museum

"News on the hour on the half and when it breaks i'm rosacea rivera live from the kfi twenty four hour newsroom long beach has joined number of coastal cities saying no to styrofoam mayor robert garcia says parts of the city wide styrofoam band take affect immediately this product will be removed from all city facilities and all city events then over the course of the next few months it will begin to be eliminated from all of the larger restaurants and larger facilities everyone else has a year and a half to get in compliance long beach is uniquely position at the end of the river so we see all the plastic styrofoam coming down the river the bill also requires people to ask if they wanna straw in long beach corbin carson kfi news a man has been arrested at a home in whittier after his female relative was found dead in the backyard this woman who lives near the home told ktla neighbors are stunned by the death we're like should we get security doors we have cameras but it's so much closer to home we saliba doors open what are your police officers found the body when they responded to the home yesterday afternoon officer said they're not certain yet of how the woman died california has surpassed the united kingdom to become the world's fifth largest economy federal data show california's gross domestic product rose by one hundred twenty seven billion dollars from two thousand sixteen to twenty seventeen uk's economic output slightly shrunk during that same time period the dodgers have made history in monterrey mexico two two hitter were valenzuela throws out the ceremonial first pitch monterrey mexico can throw it so the sky genres used for pitchers for the first combined no hitter in team history beating the padres four to nothing on spectrum sports net la traffic from the helpful socal honda traffic center there's a crash on the five east la on.

Rivera Robert Garcia Whittier Officer California United Kingdom Dodgers Padres LA Monterrey Mexico Valenzuela Monterrey Honda One Hundred Twenty Seven Billi Twenty Four Hour
"twenty seven billion dollar" Discussed on KBNP AM 1410

KBNP AM 1410

02:44 min | 2 years ago

"twenty seven billion dollar" Discussed on KBNP AM 1410

"Do some tidbits ready number one tesla in the aftermarket closed at three o one i got a two eighty six now interesting enough they beat estimates ready estimates were for a loss of three dollars and fifty three cents a share they came in the loss of three thousand thirty five cents a share but we're making progress remember what i told you nothing against the lon musk and the very nice cars but if they were selling steel pipe it would be a fifty dollar stock at best seriously they're going to have to raise a ton of money going forward apple i got it finished up today seven thousand forty seven cents but i gotta tell you the other party equation i don't think apple would have been up today if not for the buyback i also did some other things apple bought back twenty seven billion dollars of stock in the first quarter i guess when you got a mind as well the combined some countries but i really do think apple would not been up today if not for the buyback and that's not a rub on them i'm just stating what i think spotify just came public but not really as an ipo they just started trading it and it's actually done pretty decently as when it came out i it opened up hot at one sixty eight went down to one forty just rallies back to one seventy so one fifty five in the aftermarket and they lost a crapload of money snapchat finished down three dollars and ten cents to eleven bucks just so you have an understanding that nine hundred million in sales the last four quarters they lost seven hundred twenty million on that nine hundred million in sales no really and they did this whole rejigging of their website and everybody hates it in a bunch advertisers attempt take a flying leap new yearly low on excuse me it snap inc dot snapchat i suspect that baby's going eight bucks seven bucks six bucks five bucks we'll say.

tesla lon musk apple spotify three dollars twenty seven billion dollars four quarters fifty dollar one tesla
"twenty seven billion dollar" Discussed on Motley Fool Money

Motley Fool Money

02:00 min | 2 years ago

"twenty seven billion dollar" Discussed on Motley Fool Money

"Not that concerned about it shares of microsoft have risen more than forty percent over the past year so maybe that's why wall street shrugged after microsoft's third quarter revenue came in just shy of twenty seven billion dollars jason and cloud continues to get it done for them yeah i mean you have to really love what's the nfl is doing for this business i mean he was such a great hire at such a pivotal time for this company cloud as you mentioned remains big opportunity and i think that makes sense given the company's installed days on the enterprise side they continue to grow the business across all three main business segments big opportunities in gaming obviously we see microsoft every day in some shape or form and i think if there's one place one area where i think microsoft is weak and and i think this is really probably the only place it's mobile right and i mean you don't see mobile really anywhere in their releases they only mention the word five times in the conference call and even those five times essentially meaningless and that's problem in a mobile world right so when we talk about these companies that are growing so fast the first company to a trillion dollar market kaffir example i mean it's not saying microsoft couldn't get there but they're going to have a really hard time if mobile's not a part of that strategy in so when you put them up to companies like amazon and alphabet i mean the growth rates speak for themselves i mean microsoft isn't keeping anywhere close to the pace that those tech giants are even though they're they're investing at that same pace so good quarter good business just just you know it's difficult difficult space to keep a to keep any sort of sustainable competitive advantage aren't real quick before wrapup since you mentioned the race to a trillion dollar market cap we've got microsoft and google just over seven hundred billion amazon around seven hundred thirty five billion oh yeah there's apple eight hundred twenty billion who you picking in this race david apple has a head start i'll go with them i've been consistent with amazon i'm sticking with it i've been inconsistent.

microsoft nfl amazon google apple david apple trillion dollar twenty seven billion dollars forty percent
"twenty seven billion dollar" Discussed on KQED Radio

KQED Radio

01:52 min | 3 years ago

"twenty seven billion dollar" Discussed on KQED Radio

"In in finances you buy low sell high and jerry brown did that he he inherited about a you know what uh twenty seven twenty seven billion dollar deficit in leaving behind an eight nine ten billion dollar surplus so in some ways that you're buying high that's kinda governors up so you know what are you do if things turned down because the governor's been predicting it for five years it's going to happen event yeah it's inevitable light is let's just very very briefly go back to a point four percent unemployment rate twenty seven billion dollar deficit this year we're s were debating the size of the six point one billion dollars surplus some believe it's actually a little bit higher the new unemployment numbers came in which were 'extraordinary in contrast now bought four and a half percent in the state we've made tremendous progress tremendous strides we paid off this quote unquote wall of debt which the hut huge challenges with pension reforms in that we need to advance in issues of unfunded healthcare liability uh which we can do and work together to address a but the fact remains you're right there's a lot of headwinds coming our way we have an administration that attacking our values on an hourly basis tweet by tweet uh we have the likelihood that economy will temper and slow down and we the volatility of a tax system that was designed a century ago uh that is so volatile that when the nation catches a cold we catch the proverbial flew as it relates to uh the budget sauna use alter taliban as you know part of that is that we are overreliant as a state on income tax especially upper income earners in its fluctuates goes up and down what would you do you know to to reform the tax code what are some specific things you think could be oh there's a raging debate it's not an easy one and and i'm i'm not necessarily attaching myself to the specifics because we haven't created the conditions where we can have an honest debate of tradeoffs but the fact is spice some estimates eighty five percent of our economy is not taxed we are no longer industrial economy where service and konomi in.

jerry brown twenty seven twenty seven bill eight nine ten billion dollar twenty seven billion dollar eighty five percent one billion dollars four percent five years
"twenty seven billion dollar" Discussed on KQED Radio

KQED Radio

01:57 min | 3 years ago

"twenty seven billion dollar" Discussed on KQED Radio

"You know of the old saying in in finances you by low sell high and jerry brown did that he he inherited about a you know what uh twenty seven twenty seven billion dollar deficit in leaving behind an eight nine ten billion dollar surplus so in some ways that you're buying hi it's kinda governors up so you know what are you do if things turned down because the governor's been predicting it for five years it's going to happen event it's inevitable is let's just very very briefly go back to a point four percent unemployment rate twenty seven billion dollar deficit this year we were debating the size of a six point one billiondollar surplus some believe it's actually a little bit higher the new unemployment numbers came in which were 'extraordinary in contrast now bought four and a half percent in the state we made tremendous progress tremendous strides we paid off this quote unquote wall of debt which still have huge challenges with pension reforms that we need to advance in issues of unfunded healthcare liability which we can do and work together to address a but the fact remains you're right there's a lot of headwinds coming our way we have an administration that attacking our values on an hourly basis tweet by tweet uh we have the likelihood that economy will temper and slow down and we the volatility of a tax system that was designed a century ago that is so volatile that when the nation catches a cold we catch the proverbial flew as it relates to uh the budget sauna use alter challenge van as you know part of that is that we are over reliant as a state on income tax especially the upper income earners in its fluctuates it goes up and down what would you do you know to to reform the tax code were some specific things you think could be there's a raging debate it's not an easy one and and i'm i'm not necessarily attaching myself to the specifics because we haven't created the conditions where we can have an honest debate of tradeoffs but the fact spicer some estimates eighty five percent of our economy is not tax we're no longer industrial economy where service inkatha me in the fed like wild arms for law firms alike we don't have a.

jerry brown spicer twenty seven twenty seven bill eight nine ten billion dollar twenty seven billion dollar eighty five percent one billiondollar four percent five years
"twenty seven billion dollar" Discussed on KBOI 670AM

KBOI 670AM

02:17 min | 3 years ago

"twenty seven billion dollar" Discussed on KBOI 670AM

"The website to watch for developments east west accord dot com i welcome seve back from his traveling for several weeks while i of compiled a list of matters that have built up over the matter of the new cold war steve welcome back quickly withheld headlines uh there is a new arctic deal this time it's a liquid knack natural gas a facility just open it's called the yamal lng facility uh vladimir putin hails said as a development because the twenty seven billion dollar enterprise it's started shipping liquefied natural gas to the asian market how did they do this with sanctions one of the companies involved in natural gas is under us sanction pal a p a own novacek barred by the us from raising us dollar financing for the project in 2014 by very carefully they apply to to chinese state banks part of the chinese investment into large russian projects so the russians and the chinese working comfortably now to establish a liquefied natural gas energy source for china in this century also we have the foreign minister mr lavrov calling mr tillerson i think four or five days passed to tell the secretary state that the kim regime is ready to negotiate that's right you are that correctly the kim regime that has been a sore point for the trump administration since inauguration is now tell leading the russians that they're ready to sit down in a but i a twoway conversation with the us in addition mr putin has made a remark in these last hours that he sees no problem with by cheryl assad running for reelection in syria and at this point we don't see that the president of the united states is a problem with that as well so russia doing very well in the syrian conflict in the korean conflict in the conflict with the united states over raising money are that ukraine is the subs a is the a theme there because of the sanctions proceed from the frozen conflict of ukraine and then i mention one more thing steve while you were away friday december eighth happen a day in which the.

vladimir putin liquefied natural gas energy source china mr lavrov cheryl assad syria president united states russia ukraine steve cold war yamal lng foreign minister secretary twenty seven billion dollar five days
"twenty seven billion dollar" Discussed on C-SPAN Radio

C-SPAN Radio

02:26 min | 3 years ago

"twenty seven billion dollar" Discussed on C-SPAN Radio

"The us national debt now stands at two twenty trillion four hundred in twenty seven billion dollars if every taxpayer were to pay off the debt it would cost the us taxpayer nearly a hundred in seventy thousand dollars per tax payer in a news conference on capitol hill the house democratic leader nancy pelosi of california talked about the budget the deficit and taxes in addition to which if they did trend were still talking a little carl's holds true but in addition to wage war now had a bigger debt and was he won't take so call budget hawks and consumer apparently we'll have some unease about the signs that the dead woman speaker sample make me can you just mechanism rule speeches he moved to general moment can just move mogul salt allstate knuckles hanson's but it would diminish the deficit reduction they were hoping put misspeaking super math at the on budget their ain't no deficit reduction in your budget only increasing national debt and the again as to when neil referenced alluded to earlier the idea that that some of them say the growth that will be created bibles cuts hind at the expense of the middle class is going to create too much growth when it's going to come back to cover the action of all this debt increased national guard never happen it's never happened to trickledown economics has never produced at that result in choon don't take it from me take it from bruce bartlett who was part of the ah hold hole a supplyside economics will camp it dashing happenings anybody tells you that that knows tax cuts that will cover the ad increase in the debt it's not true it's nonsense and bs except he said the words which i won't go into him but you knew any help in any event it is again the but the budget they created not a statement of evaluating the inequality that they create with their tax plan and it is is not a statement of values either i commend our colleagues for their great leadership and the members of our community support so hard on all of this and really we just want to go to the table in a bipartisan way put growth in.

us capitol hill california carl hanson neil bruce bartlett the house nancy pelosi trickledown economics twenty seven billion dollars seventy thousand dollars
"twenty seven billion dollar" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:39 min | 3 years ago

"twenty seven billion dollar" Discussed on Bloomberg Radio New York

"And it's a recordbreaking rescue friendly the country will commit as much as seventeen billion euros to clean up to failed banks in the nation's biggest rescue ever now the state intervention of to vonetta banks also include support for and taste says and sanpaolo to acquire the lenders good assets now we heard from the italian finance minister yesterday after an emergency cabinet meeting and he said in taser can initially tap about five point two billion euros to take on some assets without hurting capital ratio so again we're were watching though shares this morning very closely we on a lot of investors will be scratching their heads about what kind of a playing fails we have here in europe but given that the same rules wound apply to greet banks different rules for spanish banks visa tally banks of being able to do with local regulation notes the overarching european he and regulation so that's a really fascinating soy we can discuss more also ness lay as very interesting corporate news today yes exactly it is also up this morning almost four percent right now an activist investor dan loves hedge fund third point is targeting now say third point is calling for it to sell its twenty seven billion dollar stake in lorry out in an investor letter the funds that it intends to encourage managent management to quote pursue change with a greater sense of urgency by selling its stake and laurie out increasing leverage for share buybacks and reviewing its portfolio now third point has built a stake of more than three point five billion dollars and nestle a representative for the company was unable to immediately comment and again we are watching those shares up three point.

finance minister dan laurie representative europe nestle twenty seven billion dollar five billion dollars four percent