35 Burst results for "Twenty Three Million Dollars"

Jack Dorsey’s Square, Inc. is buying a majority stake in Jay-Z’s streaming service Tidal

Techmeme Ride Home

05:35 min | 2 months ago

Jack Dorsey’s Square, Inc. is buying a majority stake in Jay-Z’s streaming service Tidal

"Square got a lot of people to do double takes this morning by announcing that it is acquiring quote a significant majority stake in jay z's streaming music service title for two hundred and ninety seven million dollars. Jay z will also join squares board of directors quoting the new york times title which jay z bought in partnership with other artists. In two thousand. Fifteen for fifty. Six million dollars provides members access to music music videos and exclusive content from artists but the streaming music industry has been dominated by competitors like spotify apple and amazon in two thousand seventeen. Jay z sold thirty three percent of the company to sprint for an undisclosed amount after merger sprint is now a part of t mobile earlier this week. Jay z bought back the shares from t mobile and most will be sold onto square as part of this deal. Mr dorsey and jay z began to discuss the acquisition quote. A few months ago said jesse deroga- a sect who will lead title on an interim basis. It started as a conversation between the two of them. He said they found that sense of common. Purpose and quote. Mr dora guscott said square which was founded in two thousand nine will offer financial tools to help titles artists collect revenue and manage their finances quote. There are other tools. They need to be successful and that we're going to build for them. He said and quote so this is one of those stories where the speculation and chatter around. It is almost as interesting as the news itself. I of course you've got the celebrity angle. Jay z and jack dorsey. It actually turns out that they are good buds. They vacation together. You might have seen those yacht pictures from the paparazzi okay but square a payments company and title a music streaming service of somewhat dubious success. How does a tie between them. Make any kind of sense. Here's what jack dorsey himself had to say. Quote it comes down to a simple idea finding new ways for to support their work. New ideas are found at the intersections. And we believe there is a compelling one between music and the economy making the economy work for artists is similar to what square has done for sellers square start at twelve years ago by giving small sellers a simple tool in order to participate more fully in the economy and grow. We did the same for individuals with cash app which now enables a comprehensive set of financial services for folks who weren't able to access it before title started with the idea of honoring artists by being owned and led focused on an uncompromised experience of the art. It's refreshing and right. The vision only grow stronger as it's matched with more powerful tools for artists inclusive of new ways of getting paid given what square has been able to do for sellers of all sizes and individuals through cash app. We believe we can now work for artists to see the same success for them and us. We're going to start small and focus with the most critical needs of artists and growing their fan bases and quote. So he doesn't exactly say it there but everyone is reading between the lines looking around at this current. Nfc madness. and remembering though. I didn't tell you about this. That jack dorsey and jay z recently announced. They were creating an endowment with five hundred. Bitcoin's worth twenty three million dollars plus two teams working on bitcoin development initially in africa and india. And so everyone's thinking. This is a crypto play as peter kaku tweeted quote. I would be surprised if there wasn't an nf story. Here that fits the jack story and seems to be what he's hinting at in his tweets. But again you don't need to own title to sell jay z's and tease this would be weird if square was buying a music streaming service that people actually used but it's much weirder. It's a publicly traded. Financial services company. Buying a failed music streaming company. I guess square shareholders won't complain because they've already signed on for the jack dorsey experience but whatever awesome artists and square story. Jack is promising here. Doesn't require a three hundred million dollar payout. To jay z quote. Other people can see other angles. Here let me give you some counter takes. This is jason delray quote. Plenty of people on the square. Buying title is dumb side. But i'll be on the other end. Could it be a mistake. Sure is the deal relationship based sure. Many are but squares incredible things for small merchants and for everyday people with cash so why not artists and quote. This is scott belsky quote for a big company to create an entirely new center of gravity inside it. You need a forcing function with this lens. And the growing need to outfit the creator economy with financial tools. This seems a logical step for square and quote. This is dr sanjay quote square acquiring title to focus on new ways for artists. Monetize is going to be seen as the watershed moment of the creator economy. We're tilting away. From platforms capturing all the value to the people creating the content doing so directly for fans or indirectly via ads and quote and finally turner. Novak goes really really wild but then it doesn't actually seem all that wild when you say it out loud and then think about it especially when you see the products that twitter has been building out lately. Newsletters spaces quote jacqueline so deep into the crater economy with twitter. The past six months it leaked into square a great acquisition. That will ten acts everything square has been doing with consumer user acquisition. Not outrageous to think he merges square and twitter at some point and quote.

Jay Z Jack Dorsey Mr Dorsey Jesse Deroga Mr Dora Guscott Sprint Spotify The New York Times Peter Kaku Amazon Apple Bitcoin Jason Delray NFC Scott Belsky
This Could Be the Year of Take-Out Thanksgiving

Business Wars Daily

03:40 min | 6 months ago

This Could Be the Year of Take-Out Thanksgiving

"Services have had huge pandemic boosts not surprisingly there ready and waiting to ferry millions of holiday meals in particular. We're presuming that. The ceo of door dash is particularly thankful for the extra business today just last week. The silicon valley company filed to go public that filing has been met with as much skepticism as a novice cook eyeing his first turkey. Now let's be clear. Door dash is now the largest delivery service in the us by volume revenues grew exponentially after the first lock downs and they've continued to surge since january door dash has delivered more than five hundred. Forty million orders according to the company's sec filing that's about three times as many as the same period a year ago this year's orders brought in almost two billion dollars in sales again well over double the same time last year. Sales are likely to continue growing as long as the pandemic is with us. But here's where some of the skepticism comes in like many tech company door dashes focused on growth at the expense of prophets. The delivery business is a dogfight door dash up against ubereats grubhub postmates which ubereats bought in july and restaurants owned delivery services as a result. The company has only had a couple of profitable quarters since it was founded seven years ago. Yeah one of those quarters was this year in the second quarter door dashes turned a profit of twenty three million dollars but in the third quarter jordache once again lost money bat. Despite restaurant owners long complaints jordache takes as much as thirty percent commission from them. In addition to charge customers delivery fees new regulations intended to protect restaurants could rain in those fees and yet in the strange economics of our time the company's valuation skyrocketed from two billion dollars last year to fifteen billion. Now this means that even if door dash can't find a path to profitability anytime soon. It's investors stand to make a lot of money in an ipo consider the ipo's timing for another perspective to the company filed on november thirteenth. Just a little over a week. After winning a victory in the most expensive ballot measure ever to hit california along with other gig worker businesses like uber and instacart dash spent millions to win passage of proposition. Twenty two that proposition exempts some companies from a new california labor law that reclassifies gig workers as employees door dash has a million drivers call dashers across the country having furnished them with sick. Leave and unemployment benefits would have threatened the company's existence they say passage of prop. Twenty two may door dashes. Ipo prospects much brighter. Cnbc reported under prop twenty two door. Dash uber and others will have to provide some health care benefits to drivers along with minimum earnings guarantee over time those dashers face their own. Existential threats in the future jordache says it plans to replace them with drones and driverless cars. The same kinds of challenges and controversies dog door dashes rivals uber. Eats has also soared on the back of pandemic restaurant closures but analysts say it's held back by the waning fortunes of uber's ridesharing. Business and lift is now partnering with grubhub which went public in april of twenty fourteen. Both uber and lift went public last year. But by the end of the year they're shares tanked. Now we hardly expect you to think about all this messiness when you're just trying to get dinner on the table but just know that beneath the soaring sales food delivery. Business is an all sweetness and light. Maybe go pick up your meal yourself. Just a thought. Happy thanksgiving

Jordache SEC California United States Cnbc Grubhub
What Biden's America could look like

The Economist: Editor's Picks

11:22 min | 6 months ago

What Biden's America could look like

"In much of the world and nowhere more. So than among america's allies joe biden's victory has come as a great relief under his presidency. There will be no more bullying and threats to leave. Nato america will stop treating the european union as a photo on trade or its own forces stationed in south korea as a protection racket in place of donald. Trump's wrecking bowl. Mr biden will offer an outstretched hand working over simply on global crises. From kuroda to climate change under mr trump america's favorability ratings in many allied countries sank to new lows. Mr biden promises to make america a beacon again a champion of lofty values and the defender of human rights leading as he puts it in his acceptance speech not only by the example of our pa but by the power of our example allies are central to mr biden's vision he rightly sees them as a multiplier of american influence tuning a country with a quarter of global. Gdp into a force with more than double that he is also a multilateral by instinct on his first day in office he will rejoin the paris agreement on climate change which america formerly left on november the fourth unlike mr trump. He believes it is better to lead the world health organization than to leave it. He will reinvigorate arms control a priority being to ensure order new. Start the last remaining. Nuclear pact with russia is extended beyond february the fifth he would like to rejoin the nuclear deal with iran that mr trump dumped if he can persuade the iranians to go back into compliance inevitably. America's friends have a long list of things they hope it will do as it reimburses global leadership the demand stretch from places and organizations. Mr trump has abused such as the un and allies like germany. Two parts of the world. He has ignored such as much of africa. And it will not be smooth traveling not all countries in our style jake for a return to obama era politics when america lead from behind and blood. It's red lines. Several countries on nato's front line with russia like the way defenses. Have been beefed up under mr trump and asian allies like how mr trump has confronted. China talked a free and open indo pacific and worked on the cloud with australia india and japan. Mr biden needs to prove that he will not turn soft. His priorities will be to quell virus and improve the economy on both counts. He can count on little support and much pushback. If the senate is under republican control as is likely such troubles at home have probably also exacerbated. The country's reluctance to take on more foreign burdens. Who can be sure that world-weary jacksonians will come galloping. Back in twenty twenty four. Perhaps even with mr trump in the saddle so rather than pile demand upon needed demand. America's allies should go out of their way to show that they have learned to pull their weight. Nato partners for example should not relax defense spending just because mr trump is no longer bullying them. Germany should pay heed to french. Average to build european defense capacity. there is scope to do so without undermining nato europeans could lend a big hand to france in these suheil in asia. The quad could keep deepening naval and other cooperation. Japan and south korea should restrain their feuding taiwan or to make a more serious contribution to its own defense. I should also work with america to repair the international order. They can support efforts to resist chinese or russian rule. Bending many countries will want to join mr biden's efforts at concerted carbon cutting mr biden will face a world full of problems but he will also start with strengths. Thanks to mr trump. He has sanctions on adversaries including iran and venezuela that he can use as chips and among friends he can seek to convert relief at renewed american engagement into stronger. Burden-sharing is allies would be wise to answer that call with enthusiasm. Finally how princess diana shaped british politics netflix's flagship series. The crown has done a fine job of telling the story of postwar britain through the prism of the monarchy. The previous series nephew is in the mid nineteen seventies mired in the miners strike and the three day week new one which began streaming on november fifteenth. Introduces us to two women. Who were destined to change the country in profound ways margaret thatcher and lady diana spencer lady thatcher made it clear from the first but she was in the business of changing the nation. They design a spencer was a bird of a very different feather. Shy girl who had failed all her o levels twice and had no interest in politics she was brought onto the national stage for the soaker of producing mail as to the throne yet. The country is still living with her political legacy as surely as it is with lady. Thatcher's princess diana's genius was to mix two of the most profound forces of modern politics emotion and anti elitism into a powerful populist cocktail. She was one of the modern masters of the politics of emotion. Feeling the people's pain just as they felt hers. She repeatedly outmaneuvered prince. Charles during long war of the wales's because she was willing to bare her soul in public interview with martin bashir of the bbc in november. Nineteen ninety-five is now the focus of controversy as her brother earl. Spencer claims that it was obtained under false pretenses using forged documents. Whatever the reason for it. The interview was a masterclass in emotional manipulation at one pivotal moment. Princess diana acknowledged that she would never be queen but hope that she would be queen of people's hearts. The princess used her mastery of the politics of feeling to turn himself into a champion of the people against the powerful. The people's princess in tony blair's raise she patronized charities that helped marginalized folks such as hiv patients and kept company with pop stars and celebrities rather than with the usual royal wax. Books the most memorable music at her funeral was not an historic him. But a song by elton john adapted for herbert originally written about another icon. Turn victim marilyn monroe. Anti elitism was directed. Not at the monarchy's wells. She happily lived in kensington palace and received a seventeen million pound. That's twenty three million dollar divorce. Settlement plus four hundred thousand pounds a year but added stunted emotional state the traditional deal to which royal side allow them to behave as they liked in crowded kings have almost always had mistresses because they marry her reasons of dynasty not compatibility so long as they behaved with decorum in public princess. Diana regarded this humbug. She succeeded in reconciling the most. Jarring of opposites despite being a top tier aristocrat. Her family the spencers. Look down on the windsors this german carpetbaggers. She was universally known as die. Her death in a car crash won her a spectacular posthumous victory against the royal court. It produced the greatest burst public lack remission. Britain has ever seen and led to widespread demands that the royal should display more emotion. As if the damn cheek could replace the stiff upper lip as the definition of britishness. What would really do the monarchy. Good show that they had grasped the lesson of diana's popularity and editorial in the independent thundered would be for the queen and the prince of wales to breakdown cry and hug one another on the steps of the abbey this saturday. Cincinnati death emotional. Populism has threaded through politics. Tony blair presented himself as the people's prime minister. He championed cool. Britannia surrounded himself with popstars and urged his staff to call me. Tony the next conservative prime minister call me. Dave cameron a distant relation of princess. Diana's adopted this combination of compassion signaling. Hugging hoodies is instead of cracking down on juvenile delinquents and studied informality relaxing and kitchen suppers replacing previous. Tory premier stiffness. Both men were responsible to that emotional. Populism interfere with the affairs of state domestic and foreign policy choices continued to be conducted according to the dictates of reason evidence brexit tears. By contrast follow the diana's script they appeal to the heart rather than the had to win their arguments. They used feelings of patriotism and resentment rather than facts about trade flows. They denounced the elites for trying to straight the wisdom of the people in much the same way as diana files denounce the palace for ignoring the people's emotions lay turned on the nation's core institutions. Parliament the civil service the supreme court when they suspected attempts to frustrate their wishes they succeeded in defeating the establishment in much the same way as princess diana had by claiming to stand for emotion rather than reason and the people rather than the elite alexander. Boris federal johnson has reconciled the opposites. He embodies justice. She did a card carrying member of the metropolitan elite. He has managed to sell himself as a man of the people as she was die. So he is. Boris the first series of the crown shows a young queen. Elizabeth studying water badgett's english constitution under the guidance of henry. Martin the vice provost of eton who kept a pet raven in a cage and address the on crisis gentlemen budgets. Great work distinguishes between the dignified branch of the constitution. The monarchy and the efficient branch elected politicians implicit in that distinction is badges perception. That emotions pose a dangerous threat to the proper conduct of politics. The monarchy provides a controlled lead for them thus enabling responsible people to get on with the difficult task of running the country by using people's feelings as the fuel for her astonishing career princess. Diana broke that safety valve britain will be living with the consequences of the emotional populism that she helped to release for years to come.

Mr Trump Mr Biden America Nato South Korea Princess Diana Suheil Russia Kuroda Lady Diana Spencer Lady Thatch Iran Joe Biden Germany Japan Taiwan Donald Trump European Union
ISS astronauts take delivery of a shiny new space toilet

Start Here

01:53 min | 7 months ago

ISS astronauts take delivery of a shiny new space toilet

"Yesterday, a special payload arrived at the International Space. Station the canada-arm too is now over the pin, this has nothing to do with any of the life or death issues we've been covering lately, but this is a huge deal on board because while this Terry's rocket carries lots of supplies, it carries one piece of equipment that hasn't been up there in years the toilet I know a toilet and I get a big laugh from my friends all the time like, oh, he's. Building the toilet in Your Life Ana just toilet titanium's faced where. This is a new model that NASA designed to be used in deep space travel. So fit in the new Orion capsule, they had to make it smaller and lighter while they read it, they decided to send a duplicate the team on the ISS. You can call this one number two. Here's an astronaut showing off the old one you wanna come to this segment and the first thing you want to do is Read, this piece of equipment and turn this router switch ninety degrees to open position, and as she showing how this hose works can use this yellow element for your one. You can see her raise her eyebrows almost like you can tell this clearly made for the male anatomy, which is a big step forward. Now, these new toilets are designed with women in mind designed was was. Completely re contoured to better accommodate that the male anatomy. The other thing to brag about all the waste goes through this recycling system in which the pipes treated stupor strong acid needed pipe strong enough to the acid. So they're made of titanium, which is wide. This pair of toilets cost twenty, three million dollars to make. About the toilet one of. We I think we've developed a new toilet and a couple of decade launch have been scrubbed multiple times before successfully took off if these astronauts were waiting to express their enthusiasm, they finally don't have to hold it anymore when the astronaut go, we want to allow them who boldly go.

Terry International Space Nasa
North American box office muted; ‘Mulan’ fizzles in China

AP News Radio

00:56 sec | 8 months ago

North American box office muted; ‘Mulan’ fizzles in China

"The box office report is back even if audiences aren't it shows movie buffs continue to get their viewing needs met in places other than theater we all believe we'd run into the burning building tenant remains number one in the second major weekend in the U. S. and Canada since covert nineteen shutdown theater well we feel that we can never know but its earnings totaled just six point seven million dollars for more than twenty nine hundred locations roughly two thirds of the domestic market is open but theaters are opening at limited capacity and with limited show times two of the country's biggest markets in New York and Los Angeles remain close welcome to the afterlife meanwhile Disney's Milan had a disappointing twenty three million dollar opening in China with some ninety one percent of theaters are open but at fifty percent capacity uncontrolled

New York Los Angeles Disney China Canada Milan
North American box office muted; ‘Mulan’ fizzles in China

AP News Radio

00:56 sec | 8 months ago

North American box office muted; ‘Mulan’ fizzles in China

"The box office report is back even if audiences aren't it shows movie buffs continue to get their viewing needs met in places other than theater we all believe we'd run into the burning building tenant remains number one in the second major weekend in the U. S. and Canada since covert nineteen shutdown theater well we feel that we can never know but its earnings totaled just six point seven million dollars for more than twenty nine hundred locations roughly two thirds of the domestic market is open but theaters are opening at limited capacity and with limited show times two of the country's biggest markets in New York and Los Angeles remain close welcome to the afterlife meanwhile Disney's Milan had a disappointing twenty three million dollar opening in China with some ninety one percent of theaters are open but at fifty percent capacity uncontrolled

New York Los Angeles Disney China Canada Milan
North American box office muted; ‘Mulan’ fizzles in China

AP News Radio

00:56 sec | 8 months ago

North American box office muted; ‘Mulan’ fizzles in China

"The box office report is back even if audiences aren't it shows movie buffs continue to get their viewing needs met in places other than theater we all believe we'd run into the burning building tenant remains number one in the second major weekend in the U. S. and Canada since covert nineteen shutdown theater well we feel that we can never know but its earnings totaled just six point seven million dollars for more than twenty nine hundred locations roughly two thirds of the domestic market is open but theaters are opening at limited capacity and with limited show times two of the country's biggest markets in New York and Los Angeles remain close welcome to the afterlife meanwhile Disney's Milan had a disappointing twenty three million dollar opening in China with some ninety one percent of theaters are open but at fifty percent capacity uncontrolled

New York Los Angeles Disney China Canada Milan
A Look at Police Body Cam Technologies, and Where They Fall Short

The 3:59

08:10 min | 10 months ago

A Look at Police Body Cam Technologies, and Where They Fall Short

"The nationwide protests over the killing of George, Floyd brought many things alight from racial inequality to police brutality. One issue that's come back to the forefront is whether or not police body cams are effective tools to hold officers accountable. I'm Roger Jiang. This is your daily charge with me senior video producer Butch Kerry who was a video out today discussing this various you welcome bridget. Thanks for having me. So body cameras really spiked popularity with the police back between fourteen talk about what really sparked this move answer where we are today yeah. It really began with Michael Brown because when he was shot by a white police officer in two thousand fourteen, there was no video footage to show it happened in the officer didn't face charges. So the family came out and Please request thought you know there's a movement that police can wear body cameras that was pushed even further by President Obama also saying that this should be the change for the future. Then there were federal grant setup to help departments pay for them. So you did have this big increase in police departments trying to help their relationship with the community and saying, Hey, we're going to have body cameras now but I mean that was present fourteen and I feel like we're still at the same place which. Is why I wanted to do this report and look into how do they work and why are we still at the same place and it really comes down to how different departments are using the cameras zero zillion talk a little bit about that and just to give our listeners a sense of how broadly there used. I, know you mentioned those grants to the Justice Department awarded place apartments in thirty states more than twenty three, million dollars for body Cam. So how many police officers actually use them? That the data right now, when you look at the statistics, it's looking like about half of our nation right now has officer some way or another obviously is hard to be exactly of small apartments, large departments but right now the idea looks like about half the country has law enforcement wearing some kind of camera or has tested out cameras some. In some way I, mean issues basic the you have officers wear cameras people will change their behavior when they know they're being recorded right there's more trust now when they're when there's a cameras more accountability these really lofty goals for one piece attack at there have been a few snags along the way. Of them being cost of storage because you have all these officers recording when they come into a situation every day. So figure, every officer has maybe three or four hours of recording everyday they have to store in the cloud. Well, how long are they storing that and how much is needing to be saved It's all different depending on every single up police department. So sometimes, it's months sometimes years and you're looking at costs in the hundreds of thousands of dollars. One department only had five police officers in the little town of Nebraska, and they were looking at something around fifteen grand. A year and this is like not folk is not feasible for every department to pay this because those those grants we talked about they don't cover ongoing storage costs. So some departments have been pulled out of using them because they don't see it's it's useful for them to be paying for it because the storage storage is definitely issued cost is an issue. These unforeseen costs are a real. Red Flag but bring it back to you know the ultimate idea that these cameras were supposed to bring accountability and to prove relations with the community was twenty and we're still protesting about police brutality Take things are worse than they ever are they have been. So what happened how did they fail to accomplish that goal? I wouldn't call them an outright failure, but it certainly is a failure in A. Couple of aspects one It goes back to how these tools are being used for one A officers have the ability for the most part right now to start and stop the recording on their own because they they really feel like you should have that kind of freedom. Do you really want a camera to be always turned on in every instance? No not when you're visiting someone at the hospital Having a private conversation or just you know having your lunch that said, what are the punishments if you don't hit that record button when you were supposed to or finding that there isn't a lot of incentive to do the right thing or I should say you know punishment if you miss a recording when you're supposed to at least that's what a lot of the researchers I talked to were saying that. If if you don't activate your camera, you know what's the consequence for that That's that's one area that's missing. Other area that that's missing is how can the public get access to this footage to be accountable? You countless studies have been done, and most recently they looked at all the studies and said, all right. What's the data we're seeing that there are fewer complaints against police officers. That's a good thing. We're seeing that police officers have footage to say, Hey, look I was justified that this was a false complaint against me. Great cameras are showing the truth in different aspects but a cameras show every angle of the story that happened and the cameras only as good as being able to release the footage. So some researchers I talked to said. We WanNA. See more data on can the public access when they want to receive some change now in New York City the mayor said that anytime now there is an incident where someone killed or seriously injured they will release footage but for a while there was this law that said, they don't have to release anything. We'll as a camera that you know. So so that's really the problem. I it comes down to not having a uniformed a set of rules or standards on win. This footage can be released in how it can be used. To the point of consistency, you mentioned New York City Mayor de Blasio a changes law he's fairly alone. He's he's sort of serve an isolated case right? Because the the rules are very greatly I don't think there's any kind of national mandate to be more transparent about when they released this footage ride, we're starting to see changes win the public points, their camera at a situation and out that officers didn't have their cameras turned on over in. Louisville when there was a shooting at the restaurant owner those officers who did not activate. Their cameras were put on leave a might my questions are okay they're put on leave but they're suspended. Where are you know the the more serious deterrence there? You know what's happening people are losing their jobs over it out win when government realized that the spotlight's on them you know but we have to look at what's going on in terms of using them. There is some technology though that is kind of starting to change that part of it like having a camera automatically turn on when it senses something's happening it could be win a Taser guns pulled out of a holster. It could be also not so serious like when it detects a police vehicle going at a certain speed or detects other kind of check marks author software so that Way If an officer is in the heat of the moment and can't remember to turn on their camera. It does it for them There's also talk about live streaming. So some of the cameras are able to have a superior back at home base tap into what that officer is seen in real time. That is a great advantage. When something serious is going down, they get a real time feedback. But. It's something that they're also can be push back with with police unions going wait a second I don't want someone seeing what I'm doing all times I don't live streaming only a few departments really have started to use livestream I. Think Cincinnati was one of the first that used the teaser brand of version of livestream on their cameras, and that was just February so very early for that technology but there's a lot of talk about that.

Officer New York City Roger Jiang Butch Kerry Producer Red Flag George Bridget Justice Department President Obama Nebraska Michael Brown Floyd Louisville Cincinnati
Port of Virginia cuts carbon dioxide emissions with hybrid cargo carriers

Climate Connections

01:09 min | 10 months ago

Port of Virginia cuts carbon dioxide emissions with hybrid cargo carriers

"When shipping containers arrive at a port by boat truck or train, they need to be moved and stacks. They're ready for the next leg of their journey. Special vehicles, kind of like giant forklifts get the job done. At any one time on a terminal, you may see forty to sixty of them operating. Kit Chope is vice president of sustainability for the Virginia. Port. Authority. He says, these carriers traditionally run on diesel. But over the past five years, the PORTA Virginia has been experimenting with a handful of hybrid diesel electric vehicles as a way to reduce air pollution, carbon emissions, and noise. We went through some growing pains quite frankly, we didn't have the experience maintaining them, but we finally realized that that was A. that. We wanted to continue to invest in. Last Fall the port spent twenty three million dollars to buy twenty five more low emissions carriers. Chope, says even though they're more expensive, the added cost will be offset by the fuel savings. About three to five years depending on how they're deployed and how they're operated, it'll pay for itself. So he says investing in, Greener. Technology, at ports can make economic sense and help clean up one part of the shipping industry.

Kit Chope Porta Virginia Vice President Virginia
OxyContin maker Purdue Pharma starts ad campaign for claims

Jay Talking

00:44 sec | 1 year ago

OxyContin maker Purdue Pharma starts ad campaign for claims

"Oxycontin maker Purdue pharma has started an ad campaign for claims the twenty three million dollar campaign is part of Purdue pharma's bankruptcy proceedings it's trying to resolve close to three thousand lawsuit over the company's role in the opioid crisis online ads direct people to a website or claims can be eight other versions of the ad will be seen later through various media to let people know they have until the end of June to file claims Purdue has proposed a settlement that could be worth more than ten billion dollars over time produce stop making oxycontin two years ago the heart of the lawsuit is the company promoted its drugs to doctors especially in misleading ways downplaying risks and overstating benefits I'm a

Purdue Pharma Purdue
OxyContin maker Purdue Pharma starts ad campaign for claims

AP News Radio

00:44 sec | 1 year ago

OxyContin maker Purdue Pharma starts ad campaign for claims

"Oxycontin maker Purdue pharma has started an ad campaign for claims the twenty three million dollar campaign is part of Purdue pharma's bankruptcy proceedings it's trying to resolve close to three thousand lawsuit over the company's role in the opioid crisis online ads direct people to a website where claims can be made other versions of the ad will be seen later through various media to let people know they have until the end of June to file claims Purdue has proposed a settlement that could be worth more than ten billion dollars over time produce stop making oxycontin two years ago the heart of the lawsuit is the company promoted its drugs to doctors especially in misleading ways downplaying risks and overstating benefits I'm at Donahue

Purdue Pharma Purdue Donahue
OxyContin maker Purdue Pharma starts ad campaign for claims

AP News Radio

00:39 sec | 1 year ago

OxyContin maker Purdue Pharma starts ad campaign for claims

"The twenty three million dollar campaign is part of Purdue pharma's bankruptcy proceedings it's trying to resolve close to three thousand lawsuit over the company's role in the opioid crisis online ads direct people to a website where claims can be made other versions of the ad will be seen later through various media to let people know they have until the end of June to file claims Purdue has proposed a settlement that could be worth more than ten billion dollars over time produce stop making oxycontin two years ago the heart of the lawsuit is the company promoted its drugs to doctors especially in misleading ways downplaying risks and overstating benefits I'm at Donahue

Purdue Pharma Purdue Donahue
Insurify raises $23M Series A to add new coverage varietals, boost its marketing efforts

Equity

01:55 min | 1 year ago

Insurify raises $23M Series A to add new coverage varietals, boost its marketing efforts

"Quickly talk about some short stuff. I WanNa riff on insurer. Fai which raised a little. It raised a little bit urine. Talk About Product Board so all the boards But starting up with ensure five which is online marketplace that helps people find Better depressing Sheri- products and the reason why is because rays at twenty three million dollars series. A and here's the thing. It only raised six point six million up to this point. It raised a large multiple of the capital. That had before and Jenny when a company raises that much more than its preceding total capital rates. What does that tell you about the company? Hopefully the other numbers are their rights to either. I it's a couple of revenue goals or internal milestone. Sometimes it just got really exciting. Market is really heated up because of an exit or frankly the powdered infantries. Well the first time around and they're getting a lot better at that skill set on the way. I don't think the last is things that case I think instead are pretty interesting. Run ensure if I raise a twenty three million dollars series a led by immtech capital in veal fintech. I'm not Voila. There's no accent so these. The Ola mass mutual adventures was in this nationwide took part in Hurst ventures also was in the round scooting onto around this pretty interesting work board a company that I've covered before and this week. They announced they raise a thirty million dollars series. See and I don't cover a lot the series at thirty million series but this company Danny. I grabbed because they've tripled in size again in twenty nineteen after three and a half exiting era in two thousand eighteen gene. And if you don't know why that matters the short justice that everyone wants to grow as fast as possible and more than tripling air for multiple years in a row shows that you're really hitting scale hill and also injuries and popped into the round and they raised nine months after their series beat so a lot of momentum there. It's cool company. The really smart and I couldn't help myself also ahead touch on

Immtech Capital Hurst Ventures Jenny Danny
Epic says its PC game store now has more than 100 million users

Techmeme Ride Home

00:33 sec | 1 year ago

Epic says its PC game store now has more than 100 million users

"Says says it's PC game store which also serves as fortnight's launcher has one hundred and eight million users and has generated two hundred and fifty thirty one million dollars in third party game sales since its debut in December of two thousand eighteen if he were to add in the fortnight revenue also generated on the store. Total sales in the game store would come to six hundred and eighty million dollars quoting the verge. Epoch says it's kicked in twenty three million dollars others in coupons and discounts toward game sales.

Epic says its PC game store now has more than 100 million users

Techmeme Ride Home

00:33 sec | 1 year ago

Epic says its PC game store now has more than 100 million users

"Says says it's PC game store which also serves as fortnight's launcher has one hundred and eight million users and has generated two hundred and fifty thirty one million dollars in third party game sales since its debut in December of two thousand eighteen if he were to add in the fortnight revenue also generated on the store. Total sales in the game store would come to six hundred and eighty million dollars quoting the verge. Epoch says it's kicked in twenty three million dollars others in coupons and discounts toward game sales.

Many young women get unnecessary pelvic exams

All Things Considered

00:55 sec | 1 year ago

Many young women get unnecessary pelvic exams

"A new study shows that one point four million adolescent girls and young women in the U. S. might have been given unnecessary pelvic exam last year in pairs and leave on reports over the past few years leading professional associations have come to the consensus that most young women don't need regular pap smears or pelvic exams they issued revised guidelines about when the procedures are appropriate but according to a study published Monday in the journal JAMA internal medicine doctors are not paying close enough attention to these new guidelines issued for women between fifteen and twenty more than half of the pelvic exams and almost three quarters of the pap tests given to this age group last year might have been unnecessary the study's authors say the over use of these procedures can lead to false positives anxiety and an estimated one hundred twenty three million dollars annually in needless expenses Emily von

Jama Emily
"twenty three million dollars" Discussed on WJR 760

WJR 760

03:20 min | 1 year ago

"twenty three million dollars" Discussed on WJR 760

"Two eight two and we'll have a surprise announcement for you on Friday that will shock the industry and I'm not gonna say another word that's all I'm saying I can't say one more word at the risk of alienating many many people what is the most important story that I read or that you have read over the weekend and I was talking about what is the number one thing bothering you about the news today or the world today government county country news that you like to talk about the phone numbers eight five five four hundred seven two eight two eight five five four it's average Christian Florida line to you're on the savage nation what's on your mind Sir I doctor savage job I'm surprised you actually like the will call I thought a few months ago you didn't you were bothered by the marijuana and the fact that it bother you why would it bother me what people don't have sex I'm not just saying that it's just that we are necessary to have had all that road it's in the movie well I I'm pretty sure first of all do you know it's a French production is one of the largest budget French us productions ever made you know that yes are you would rather have had it I would have rather had some files and right I what you can actually watch it by by changing the format to the original language French with English subtitles I love to hear the original languages whether it's in in French or Italian whatever as I was before the original actors but it was so well done that I didn't even know was dubbed the first time around nevertheless the most I think I was the highest budgeted French movie of all time I believe a twenty three million dollars which is enormous for French they usually do the film art film type of thing he is this cinema type of thing this was not on art see you know dreamy lesbian drama type of thing that that for that for that France is famous for producing and I thought that the the the the visuals of the opening scene of the special forces coming back off a Syrian mission swimming on the water and getting back on to the submarine was one of the best I've ever done I think was better than hunting red October know it now absolutely no if if it is part of it and by the way that the marijuana usage which I'm not going to give the plot away turns out to be very germane to the plot remember how critical that is I know that I just I just thought it was there was there was a different way that they can win corporation and no no no I can't give the plot away but now the girly and it obviously at the end to create a romantic element and I don't blame them it's all guys on the water you know fighting and trying to survive with an enemy right but this twist to the plot to make a very intriguing did you enjoy the movie overall the the walls call there's yeah there's a new movie that came out about the the the sinking of the Kursk remember that whole sure again Russia did did did did Donald Trump sink that submarine that he personally sink that sub oh no no no is who actually think the submarine he himself despite the fact the father was I think that trump was seen in a in a pair of swimming shorts and slippers and he put a charge on the Kerr skin sank in order to become president I think we'll hear that from they live the ticket fiction this week one thirty well your people rush if you do think that it's the holiday season and.

twenty three million dollars
"twenty three million dollars" Discussed on KLIF 570 AM

KLIF 570 AM

03:14 min | 1 year ago

"twenty three million dollars" Discussed on KLIF 570 AM

"Shock the industry and I'm not gonna say another word that's all I'm saying I can't say one more word at the risk of alienating many many people what is the most important story that I read or that you have read over the weekend and I was talking about what is the number one thing bothering you about the news today or the world today government county country news that you like to talk about the phone numbers eight five five four hundred seven two eight two eight five five four it's average Christian Florida line to you're on the savage nation what's on your mind Sir I doctor sevens I'm surprised you actually like the will call I thought a few months ago you didn't you weren't bothered by the marijuana and the fact that it bother you why would it bother me what people don't have sex I'm not saying that it's just that we are necessary to have had all that wrote it in the movie well I I'm pretty sure first of all do you know it's a French production is one of the largest budget French us productions ever made you know that yes I actually would rather have had it and what I would have rather had a subtitled and what you can actually watch it by by changing the format to the original language French with English subtitles I love to hear the original languages whether it's in in French or Italian whatever is I always prefer the original actors but it was so well done that I didn't even know was dubbed the first time around nevertheless it was the most I think I was the highest budgeted French movie of all time I believe a twenty three million dollars which is enormous for French they usually do the film art film type of thing he is this cinema type of thing this was not on art see you know dreamy lesbian drama type of thing that that for that for that France is famous for producing and I thought that the the the the visuals of the opening scene of the special forces coming back off a Syrian mission swimming on the water and getting back on to the submarine was one of the best I've ever done I think was better than hunting around October know it now absolutely not if it is part of it and by the way that the marijuana usage which I'm not going to give the plot away turns out to be very germane to the plot remember how critical that is I know that I just I thought it was there was there was a different way that big of a corporation no no no I can't give the plot away but now the girly and it obviously at the end to create a romantic element and I don't blame them it's all guys on the water you know fighting and trying to survive with an enemy right but this twist to the plot to make a very intriguing and did you enjoy the movie overall the the will school yeah there's a new movie that just came out about the the the thinking of the curse remember that shore again Russia did did did did Donald Trump sink that submarine that he personally sink that sub another note who actually think the submarine he himself despite the fact the father was I think that trump was seen in a in a pair of swimming shorts and slippers and he put a charge on the Kursk and sank in order to become president I think we'll hear that from they live the ticket fiction this week are you out of your people rush if you do think that it's the holiday season.

twenty three million dollars
Old dogs, new tricks: 10,000 pets needed for science

AP News Radio

00:32 sec | 1 year ago

Old dogs, new tricks: 10,000 pets needed for science

"The five year study will collect vet records DNA samples gut microbes and information on food in walks five hundred dogs will also test a pill that could slow the aging process the National Institute on aging is paying for the twenty three million dollar project because they say dogs and humans share the same environment get the same diseases and dogs shorter lifespans allow quicker research results the welfare of the pets will be monitored by a bio ethicist and a panel of animal welfare advisors I surely antler

National Institute Twenty Three Million Dollar Five Year
Boeing splitting CEO and chairman roles

Squawk Pod

08:11 min | 1 year ago

Boeing splitting CEO and chairman roles

"On Swap pod Boeing owing speaks out hiding. It was a set of engineering decisions. That ended up being wrong. Boeing Chairman David Calhoun in an exclusive interview amid mounting pressure. The aftermath of two seven three seven Max crashes has put on the company this airplane will will fly it will be safe as well as the CEO. He is going to experience experience in his first period. One of the most difficult situations any CEO. That I've ever known has lived through and exclusive to this podcast. CNBC'S CNBC's auto and aviation reporter Phil above the narrative completely got away from them anchors on today's squawk box are Joe Kernan becky quick and CNBC contributor Surat Sethi joins as has guest host your host on this podcast that's me CNBC producer. Katie Kramer it's Tuesday November fifth. Two Thousand Nineteen Squad begins right now. So what's your process to hold people accountable to make sure this doesn't can happen again. Senator First of all my company and I are are accountable. I believe that accountability starts with with me My board took some recent actions regarding my position which I fully support and will allow me to focus even more on on safety so every action takes tried to focus on safety that was bowing CEO. Dennis Muilenburg and Florida Senator Rick. Scott during last week's blistering questioning joining of the airplane manufacturers leader on Capitol Hill one month ago Boeing's board stripped Lindbergh at his chairman title in the wake of months of criticism. Boeing grounded the entire fleet of jets. Let's call seven three seven Max. Following two deadly crashes one late last year and one in March of Twenty nineteen today for the first time we hear. From the new chairman of Boeing Blackstone. Executive Dave Calhoun. I caught up with my colleague film about Polo. Thank you Why don't you introduce yourself? I am Filipo. I cover aviation listen and the airlines for CNBC. And I've been doing it for twenty years. How long have you been covering the Boeing Company? Twenty Years Twenty years of watching this company company grow Go through some challenging times and this is clearly the most challenging time. They've gone through so. Tell me about that. The last eight months the headlines for Boeing have been really grim. Well anytime you have a plane crash. It's bad news and I know that's maybe we'll be listening to the same well Duh. Of course it's bad news but it's not just that there was a plane crash It was two of them very short period of time between them that led to the grounding of the seven thirty seven Max and had to put this into some perspective for people the seven thirty seven is the bread and butter for this company It is the cash flow generator. And so when you are effectively effectively saying we're not delivering any of these. You're cutting off. The cash pipeline for Boeing Commercial Airplanes It is a massively important story. Sorry one that everybody has a feeling about it. emotionally Whether they're in the industry or if it's somebody who who flies only occasionally people have A real concern about whether or not these planes which are so popular Are they safe. Will they be safe in the future so today on the show we had David Calhoun. Who is the new non-executive Chairman of Boeing directors? But I but very active. It's pretty clear from his interviewees active. Tell me about the scope of Calhoun job now. And what makes him qualified to lead Boeing during chapter. He's been on the board since two thousand nine and he also has a history going back to his time with GE when he was CEO of Ge Infrastructure Working Ge jet engines He's familiar with the aviation the airline business and he's also familiar with the challenges that go along with running a a large industrial. Austria company like Boeing and essentially. Now that he is non executive chairman that title used to belong to Dennis Muilenburg. And the Board has said. We're going to split your titled. Dennis is going to be. CEO Run day to day activities. The broader questions for the company vision where they're going so forth. That will go to Dave Calhoun L.. Who and when we talked to Dave Calhoun he made it very clear? We want Dennis Muilenburg to focus on getting the Max back in service that is that is the main job really the only job that matters right now for him. I'm sure he's doing some other things as well. I mean it's not like he's in a vacuum But the Max is all encompassing right now. Why why is he speaking out now a month? After kind of taking the reins of Boeing. Will I think the narrative got away from them last week. When Dennis Momberg was on Capitol Hill It was a brutal brutal couple of days. I mean you had senators and representatives outright saying you have no business being CEO. You have no business getting the compensation in that you get. If you had any decency you would step down. You would do more than simply say we're working on this. Is Anybody at Boeing taking a cut or working for free to try to rectify this problem. Like the Japanese do congressman. My board conduct a comprehensive review. That so you're saying you're not giving giving up any compensation at all your continue to work and make thirty million dollars a year after this horrific two accidents that caused all these people's relatives took go to disappear to die. You're not taking a cut in pay. It all began. Our board will make those terminate. You're not accountable. Then you're saying the boards accountable. I went in Quebec. And kind of underlying Steve Cohen of Tennessee. In the second day of my Lindbergh's yeah in front of the House. We talked with them afterwards in the hallway. I mean he's disgusted rested instead. I'm disgusted at at this entire situation here and that he is getting paid what he's getting paid. Which is roughly twenty three million dollars last year so it was wild because Representative Cohen was asking question? Are you taking a pay cut. Is Somebody going to take some financial responsibility for this and mullet Bergara sort of during the headlights. Absolutely and You could fault Boeing for not being better prepared for that question. Look I've covered enough of these over the years on Capitol Hill when a CEO goes in front of a committee especially Leanna safety related matter. I mean that is almost a guaranteed question. Look if you would fault Boeing for anything last week. It's the fact that they didn't anticipate that. This question streams coming because they could've nipped in the bud much quicker by having Dennis Muilenburg even in his opening remarks say I understand what's going on. I understand that I shouldn't be getting the compensation or at least all of the compensation That I received last year That would've short-circuited a lot of this discussion. Instead he said Ed That's not for me. That's for the board decide really came off looking very poor for the company and for him to stand by Joe Three to one his mic. It's it's time for our newsmaker. The morning Boeing Chairman Dave Calhoun the Dow component is you know separated at CEO and chairman roles amid the seven thirty seven Max crisis naming. Calhoun Muniz chairman on October eleventh. Relatively quiet since then in terms of on camera interviews this morning. He's speaking out in a squawk box exclusive. Dave joins us now with their own Philibeaux. Oh global headquarters Phil Good Morning. Good Morning Mr Galvin. Who Good Morning Joe? Joe And I know you guys have a number of questions for Dave and Dave. Let's let's begin first off if you and I were talking before you came out here. Big Question right off. The Bat is about the compensation for Dennis Muilenburg. This came up on Capitol Hill. You have some news regarding and how that's going to be changing correct. Yeah I do of course it was sort of obvious to everyone that was uncomfortable question for Dennis. Dennis doesn't like to speak in behalf behalf of board activities anyway. Dennis called me Saturday morning at ten o'clock with the purpose of suggesting that he Not Take any compensation for two thousand nineteen as in the form of bonuses which is of course most of your compensation it

Boeing Company Dennis Muilenburg CEO Dave Calhoun Boeing Chairman Cnbc Dennis David Calhoun Boeing Blackstone Calhoun Muniz Dave Calhoun L Ceo Of Ge Infrastructure Worki Phil Good Non-Executive Chairman Representative Cohen Executive Chairman Dennis Momberg
"twenty three million dollars" Discussed on Only A Game

Only A Game

02:53 min | 1 year ago

"twenty three million dollars" Discussed on Only A Game

"Every week we bring you a mix of reporting diverse voices and coverage of current and an emerging issues that impact our lives let the u._s._a. Is one of a kind featuring stories from the heart stories that make you think and maybe even inspire inspire you to action. Listen and subscribe now. I'm i'm karen given next week on only game former m._l._b. Commissioner bud seelig describes how he told off a u._s. Vice president but now charlie pierce here with the week's snooze hi charlie hi karen according to reports. Tom brady's new contract bumps up his two thousand nineteen pay twenty three million dollars but the big news is is that the remaining two years voidable and the contract will keep the patriots from using the franchise tag which means brady could become a free agent after the season and he's he's put his house on the market helped me charlie think i'm having heart palpitations calm down now karen. He's around for at least one more season. I it's interesting. I don't don't know what the house being on the market means. I mean this is the world's wealthiest show biz family but i i don't understand where they think he would go. He certainly doesn't i want to go to san francisco team. He followed when he was a kid. Because jimmy garoppolo is already there. I cannot see going to a bad team right and there are more bad teams use of the n._f._l. Teams colin kaepernick sent out a video this week of his jim routine. He says he still ready to play in the n._f._l. He looks pretty fit. Do you think he'll get any offers. No i don't because i think the black ball will continue. I'll be pleasantly surprised if he does but it's starting to get to the point now where people can start argus tool which you tom brady's makes that ludicrous as video but now is sending out this video really about finding finding a job or is this about reminding us of why he's not in training camp this week. I think it's a little bit of both the more we see the dearth of quarterbacks out there the more embarrassing this is gonna be the biggest news in baseball right. Now is a game that will not happen until august thirteenth twenty twenty. That's the day the new york yankees and the chicago white sox will play a game in dyer's ville. Iowa shoeless joe will show up not far from where i am right now really really i am in des moines iowa getting ready to go to iowa state fair for a few days and i am absolutely the wrong person to ask about this because i load that movie life i love that movie with the heat of a thousand suns wow. I have never felt you were more wrong in my life all god what a mess that movie movie is you've got to you've got a a radical african american author giving his speech promoting the days of segregated baseball..

Tom brady charlie pierce Iowa des moines iowa baseball colin kaepernick bud seelig Vice president jimmy garoppolo Commissioner san francisco chicago white sox york yankees dyer twenty three million dollars two years
"twenty three million dollars" Discussed on Starting9

Starting9

03:31 min | 2 years ago

"twenty three million dollars" Discussed on Starting9

"He's twenty three million dollars this year and for the next three years after that believable in it's not an unbelievable because everybody outside of the organization said that this was a terrible contract, and they shouldn't do it. So it's not unbelievable. He's I genuinely wonder like when you think about when you think about a pitcher. Or position player getting the. And they're just done. They're just like I walk away from the game for a little bit. Like, we've heard Ricki. We'll talk about in a few different times. You know, you just gotta remove yourself, whatever like. Is the money. The only reason you keep showing up. Because what is player it's tough to walk into your what are you gonna do walk in there and say, look, I've got nothing left, and you either have to keep running me out there or you're going to have to release me just give me this money. So that I can go home. That's a hell of a conversation to incite or to start as a player, right yourself. That's like, I couldn't even imagine that like, you know, for me, the decision was was very very it was made for me. You can't fucking stretch without ripping your fucking shoulder. Like, it's not your your done. You're. You're for him. Body's fine, still works. It's just a matter of executing. Right. That's what's not happening. That's where he's completely lost in the you. We some about P she himself in a cage he's talking to himself out on the field during BP, and it's just he's lost. I feel horrible for the guy because that will be a conversation over the over the life of his contract over the next three years. It's going to be are we better without Chris Davis showing up to the ballpark unquestionably. Yes. And that is a tough spot to be in as a human being, no doubt. And not only as a human being. But as a player being paid twenty three million dollars every year that you're there because everybody in that organization and in that room is looking around going. I just just give me this fucking tax. Gimme gimme gimme tax and I'll play for that. And you don't you hate being that guy? He doesn't wanna be that guy anymore than I frankly, don't wanna talk about him in that fashion. And nobody wants to feel that you don't wanna walk into a room in feel that to have a guy that you know, that has been counted on and has been such a big part of what you guys have been able to do in the past. And now he is seemingly a roadblock a hurdle of sorts for you to get where you want to go moving forward. I mean, actually, I think that touches on my main point with him is that I think the only reason that it isn't more of an urgent issue is because he's not really a roadblock for this for this team season likely. He's not blocked think of the people on that roster. Like, I think they showed that like there are two or three people on the twenty five man roster leftover from this point last season. Like, it's it's an completely new team full of frankly, not major league players. So he's as bad as he is. He's only blocking a guy who also probably shouldn't be getting five hundred plate appearances at the major league level like the process..

Ricki Chris Davis twenty three million dollars three years
"twenty three million dollars" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:40 min | 2 years ago

"twenty three million dollars" Discussed on Bloomberg Radio New York

"Five today. I'm Christopher cruise. And I'm Susanna Palmer from Bloomberg world headquarters. More trouble for embattled Venezuelan President Nicolas Maduro Venezuela's gold is proving too hot to handle for some international firms that according to a source the Madero regime had to drop plans to ship twenty tons of Venezuelan. Gold overseas, Bloomberg has learned a growing international push to contain Venezuela's dwindling hard assets makes those who would handle the transaction. Nervous in time. Several media are reporting a top on his air force officer has turned his back on Madero and called on the military to support opposition leader one Guido officer says ninety percent of the Venezuelan armed forces oppose Madero. Goldman Sachs groups CEO, David Solomon and former CEO, Lloyd, blankfein could see their compensation for last year. Clawed back this depending on the outcome of the one m be scandal. That is the fund that prosecutors say was rated and. It from Malaysian development projects Goldman had raised money for years for that fund. And the firm says it didn't know the money was being diverted. Solomon got twenty three million dollars in compensation for last year. Blankfein twenty point five million amazoNcom at WalMart's grand plans for India where thrown into chaos after the country implemented new ecommerce regulations could cut their growth in the market by as much as half. Bloomberg's Greg Jarrett explains prime minister, Narendra Modi's government. Tighten rules for the retail giants after strident complaints from small shops in domestic sellers, Amazon and wal. Walmart's flip Carter now banned from cutting exclusive arrangements with sellers offering deep discounts are holding any business interest in online merchants on their websites. Greg Jarrett, Bloomberg radio. Global news twenty four hours a day on air and it ticked up on Twitter. Powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Susanna Palmer. This is Bloomberg. This is the business of sports should major league baseball short to sees. How do we present football to the audience of the future? I don't think that most players understand the power that they have a future. Indycar racing is looking bright. Scott star snake very basic math year or bidders means more money Evan. Nobody Williams team value has essentially quadrupled and the leaders in the sports industry time to bring in our guest house Steinbrenner National Hockey League Commissioner Gary Bettman Atlanta Braves president Derek Schiller, patriots president Jonathan Kraft Bloomberg business of sports from Bloomberg radio. Hello. I'm Mike LA f.

Bloomberg President Nicolas Maduro Venez Madero Bloomberg world Susanna Palmer WalMart Greg Jarrett David Solomon blankfein Goldman Sachs CEO president officer Christopher cruise Narendra Modi Goldman Mike LA Twitter Amazon
"twenty three million dollars" Discussed on KNBR The Sports Leader

KNBR The Sports Leader

02:01 min | 2 years ago

"twenty three million dollars" Discussed on KNBR The Sports Leader

"We begin with Monday night football as the Texans looked for their h straight win goes to Miller over the white guy. Halfway through the team. He's at the twenty. He's one. Forty. Kevin Harlan on Westwood One. Texans over the titans thirty four seventeen wins in a row for Houston. Sharon Washington to touchdown passes and a touchdown run. The mar Miller rushed twelve times for one hundred and sixty two yards. Putting a ninety seven yard touchdown. Other NFL news. The Jaguars fired offensive coordinator, Nathaniel Hackett, judge. Doug Marrone said it was time for a different voice on offense needs to make a change. You know, they get us an opportunity to win some games. Scott Milosevic, you'll be the play call got us. Call place before I've seen with us for two years as a quarterback coach. And I expect him to the bears team this week and get ourselves in a position to win games Jaguars also benched starting quarterback Bortles put Kessler will assume the starring role for the rest of the season quarterbacks. Coach Scott Milosevic was promoted to offense coordinator Jaguars running back. Leonard fournette suspended one game without pay for. He was elected for fighting with built shock Lawson on Sunday giants coach Pat Shurmur announced the quarterback Eli manning. We'll start some against the bears when asked about giving young players are shot Shurmur channel his inner Herm Edwards instead play to win the game you go every week. With giving your team the best opportunity to win the football game each week. Each week. That's how you do this thing. This isn't player. Try tryout Sunday's loss to the eagles dropped the giants to three and eight Bengals quarterback. Andy Dalton placed on with the right? Thumb injury. Baseball the Braves and reagents third baseman. Josh Donaldson reportedly agree on a one year twenty three million dollar deal. NBA warriors over the magic.

Jaguars titans giants Miller Coach Scott Milosevic Doug Marrone Kevin Harlan Josh Donaldson Scott Milosevic Leonard fournette Pat Shurmur NFL Nathaniel Hackett coordinator Sharon Washington Houston NBA Herm Edwards
"twenty three million dollars" Discussed on VIBES-LIVE

VIBES-LIVE

02:47 min | 2 years ago

"twenty three million dollars" Discussed on VIBES-LIVE

"Campaign and the president's company doesn't seem to have landed single new deal since in twenty fifteen Forbes value Trump's product licensing operation at twenty three million dollars. It's now down to a mere. Three million dollars. He's so polarizing that people are free to do business. With him says Jeff who runs the licensing company global icons. He has significantly the brand headaches in the luxury market could in theory be offset by Trump's new found popularity with the larger affluent set for months after their father took office, Eric and Donald Trump junior announced a new business venture to bring lower priced Trump brands to hotels in middle. America. Filings released months later indicate that the majority owner of venture is none other than the president himself with seventy seven percent stake positioning Trump to profit from his political stardom, but not much has the Trump signed deals to brand four hotels in Mississippi. But those agreements generated only twenty seven thousand dollars last year, they told reporters there were as many thirty five other deals in the works. None of them have panned out so far. Trump's business has some bright spots a few blocks from the White House at the Trump International hotel. Trump fans hobnob with cable news stars and cabinet secretaries. The place turned a two million dollar profit in the first four months of twenty seventeen four exceeding Trump organizations expectations chunk of that money comes from various GOP organizations, which have pumped more than one point three million dollars into the hotel since it opened in fall twenty sixteen according to Federal Election Commission, data despite what seems violation of the constitutions emoluments clause designed to presidents free from foreign financial interest. The governments of other nations are welcome to everyone from Kuwaiti officials to the prime minister of Malaysia has reportedly spent money there and lobbyists working for Saudi Arabia disclosed. They ran a two hundred seventy thousand dollar tab in just six months in terms of condo sales. Trump sold. In New York to a woman named Angela just a month after he took office paid fifteen point nine billion dollars one point eight million dollars more than her downstairs neighbor shelled out for similar apartment. Earlier the deals conflict of interest concerns because Chen is apparently the head of business called global alliance associates which claims to use its network with the highest levels of government officials to help companies expand into China presidential providence is also proving lucrative after Trump made world famous..

Donald Trump Trump Trump International hotel president Jeff New York Federal Election Commission America Chen prime minister Angela Saudi Arabia GOP Malaysia Mississippi Eric China White House two hundred seventy thousand d twenty seven thousand dollars
"twenty three million dollars" Discussed on First Things First

First Things First

04:01 min | 2 years ago

"twenty three million dollars" Discussed on First Things First

"I mean, I'm sure that they do have a little bit of remorse and having to move on from Jimmy Garoppolo because you know you're getting toward the end of the Tom Brady era and Jimmy Garoppolo in the five stars, half of the San Francisco forty Niners proved enough to that organization to earn one hundred twenty seven and a half million dollar contract to me. You don't have a succession plan in place for Tom Brady. So now that you know that you probably got them for another year or two. This is situation. Would you like to have that natural hand off, like we saw with Joe Montana, Steve Young or Brett farve at Rogers and New England, Patriots. They will force because of the contract issue to have to move on from Jimmy Garoppolo before they wanted to. They couldn't have the dynamic of Tom Brady's Baco making more than him going into twenty eighteen well, and they might have. Sellers remorse, but it was a product they had to sell. Now you can argue they should have traded him to Cleveland, gotten more for it that that Bella checks showed his soft heart for the first time ever and actually caring about the situation Garoppolo landed. But I mean the franchise tag for quarterback this year's twenty three million dollars when you're gonna franchise him with Brady's still on the rush. You're gonna cut, Tom Brady is that, is that what we're talking about here? You're gonna. You're gonna sign Garoppolo to a long term deal, even if so we'll got five for one thirty seven, but had he stayed in New England when it showed those last five games? Okay. So even if you get him to take the Ryan tannehill deal from four years ago, that's four for seventy seven. That's nineteen million a year like more than didn't. It's more than Tom Brady, and it puts your combined quarterback room salary at the highest in the league. Instead of one of the lowest in the league that doesn't have a rookie starting quarterback, like it was just an untenable situation. Tom Brady blowing through all this age stop signs, Tom Brady, showing no sign of deterioration has put them in this position. Now they want a Super Bowl, two years. Thanks to it. They came within a drive of winning another one last year and they're the favorites this year. They would take that trade, but they had the contract ran out like, I don't know what other choice they had. What are options did they? That's the thing. Sometimes you sell a car, you really missed and you loved, but yet had a kid and you can't have the coupe anymore. Like you could miss the car, but you still had to sell it like, I don't know what other option that the patriots had in this situation. I'm glad you guys mentioned the other two transitions that we've seen from. Great too great, and it worked well, but people's feathers were ruffled in the process. People don't remember the Joe Montana how good he was at the time and going to Steve Young and how Joe was upset about it. Joe. And his teammates were upset. There were people in the organization, man. There was conflict in the forty Niners organization. Why? Then we can't move on from Joe, the greatest quarterback ever who's who that next year took Kansas City to the AFC championship lets you know that man, Joe could still play Brett farve. I mean, there's no better example them Brett an Aaron back and forth back and forth. Of course there was people in Green Bay's organization that had regret. They were the ones talking team coming back. That's what created that confusion there. So yes, those thing, I'll pose a question in ten years. Who do you think owns the New England, Patriots, Robert, Kraft or on? Yeah. The family? Yes. So it's going to be run by the craft boys. All right. Who's this report coming from. Adam Schefter Adam Schefter who's who's he? What is with who's Adam Schefter friends with the crafts on the craft sons. Adam Schefter be reporting on this team in ten years in ten years. One boys going to be don't be sitting where the dad is sitting right now. So this is what this is. This is about relationships. This is about a future owner NFL who happen to be a son who has some control, but he don't have full control and and let me tell you one regret that.

Tom Brady Patriots Joe Montana Jimmy Garoppolo Adam Schefter Adam Schefter Brett farve Adam Schefter New England Steve Young NFL San Francisco Green Bay Ryan tannehill Cleveland Kraft Rogers Bella Kansas City
"twenty three million dollars" Discussed on Monocle 24: Midori House

Monocle 24: Midori House

04:06 min | 3 years ago

"twenty three million dollars" Discussed on Monocle 24: Midori House

"Face wash room deodorizers and catch up thomas he's canada being willfully whimsical heared it's choice of targets or or is there a logic to this a very fine chiens logic to is i think if you stand you in in the government the foreign minister christie freelance has just finished within the pasta a big press conference at steelmaking plant in hamilton ontario which is about an hour away from us here in toronto she was an i'm seeing this final list of items that will now be subject to import tariffs by the canadian government and when they announced this initially a few weeks ago pretty swiftly after donald trump announced that canada would be on the list of those countries that would now be subject to tariffs on steel on minium imports into the us they that long that long list if you'd like was very targeted at specific district's west specific republican and democrat lawmakers would be seeking reelection in the midterms for example there was a tariff on soy sauce which is made in poor ryan's district there was also a tariff on maple syrup maiden bernie sanders is district in vermont so they might see a fairly fun kind of list on the on the looks of things on the surface but there is definitely a logic here and what do you look at some of the numbers i mean i think you'll see that you know this is you know a bottle of ketchup my actually amount to quite a lot at the end of it you see about five billion canadian dollars worth of goods including ketchup were imported into canada from pennsylvania back in two thousand seventeen and then you look at you know washing machines for example that was about one hundred thirty one million canadian dollars glue about twenty three million dollars lawn mowers and the list goes on and i think by targeting this specific areas of the essence pacific states particularly i think the canadian government is being very firm in its rhetoric that it's not going to you know it's not going to play softball basically with these tariffs that takes extremely seriously now there is a concern that actually these tariffs will impact domestic making in certain sectors are affected here too and that is a debate this just beginning really kind of often today's announcements by christie freelance just a full of that up thomas how is this playing in terms of domestic politics full prime minister justin trudeau he's being seen to stand up to donald trump doing well for him it's an interesting question because justin trudeau is being challenged on lots of different areas at the moment and his popularity in the opinion polls here at least is fluctuating we are of course approaching the canada day national holidays there's lots of symbolism political and otherwise kind of coming up around that uring this long weekend but you know we're just over a year away from a federal election here in canada so things are definitely beginning to sharpen i would say you look to figure like christie freeland who just intruders foreign minister you know her conduct has been widely hailed i think it's fair to say from across their support base and by an international kind of audience too if you think back to the g seven few weeks ago in the shuttle of y region of quebec when donald trump took to twitter with his tirade against justin trudeau for an apparent stunt press conference that he pulls once trump at boarded the plane to singapore well actually there was no difference in the language trudeau used in that in terms of this firmness against kind of what the trump administration is trying to do in terms of trade and you look at this a big very big announcements in hamilton ontario today that language is just as firm so i think you know we've had lots of meetings behind the scenes since the g seven and today between free lund between other canadian diplomats and their us counterparts and the suggestion is i think on the.

canada twenty three million dollars
"twenty three million dollars" Discussed on Against All Odds with Cousin Sal

Against All Odds with Cousin Sal

02:22 min | 3 years ago

"twenty three million dollars" Discussed on Against All Odds with Cousin Sal

"I just want to win doesn't fight all this warriors put together super team the only way to the super team to form a super team and i had to do this so i think it's i would my money would still be on the lake yeah lakers i know i know it's only money but he did just purchase a twenty third twenty three million dollar mansion in brentwood i think i don't know yeah why the lakers three plus five fifty daddy that's those are the best that 'cause he owns this real estate here and all business desert hair and we've been talking about it for year and there's a path for him to bring paul george them to you know maybe make make a trade for awhile well i think plus fifty two all right house which was your money going wizards not even on on fortunately cleveland i think you stay because i just don't find any of these other places compelling what the hell do i know everything changes you know every week in terms of the composition of these rosters i mean i i know that come october we're gonna look at the rosters and say how the after this happen right that's true confident in cleveland management that they could get a roster to his liking it management him he could do this'll be the summer because they had the eighth pick in the draft you could package out with something they've kevin love if they want to trade him once you take that eighth pick and keep that eighth pick i think it's much harder to do stuff so i think it'll play fast i really do i know this is the cop out but i really do believe that how how how this final plays out will determine a lot of it they just get murdered by the warriors how does he go back you know and if these can take the seven game and then maybe turn that eighth pick and something else into cj mccollum or whoever get one more dude then it's more conceivable you're right it's going to be such a mess over the summer who knows what how to analyze it but we're going to be right there we're going to be right there for the summer league games i don't know if you've nounce that yet but we're gonna be together again in vegas now should we not announce this shit i look forward.

brentwood lakers paul george cleveland cj mccollum vegas twenty three million dollar
"twenty three million dollars" Discussed on The Stephen A. Smith Show

The Stephen A. Smith Show

01:47 min | 3 years ago

"twenty three million dollars" Discussed on The Stephen A. Smith Show

"I mean sonnet riddick to a one year twenty three million dollar deal doesn't look bad i didn't think it was bad then i like jj read but it's definitely does look bad now so god jj rettig there this pickup that bryan colangelo did of marco bill nellie this do he's got hot he can make big shots he ain't scared he'll ova you see how he can shoot covington can shoot i mean you get air the same can shoot everywhere you turn for the philadelphia seventy sixers they got guys that can shoot if you take jj rettig off the court everybody is six six in above and they all wanted to fend i mean i'm not making this up i am not making this up i'm over my man alan iverson keeps his promise spoke to be yes they told me he's coming on i take tomorrow my show on espn every weekday ten am eastern seven pacific i'm looking forward to my man ai coming on but i gotta tell you you know he's been telling me all year don't sleep won't philly i'm looking at some of these guys they have i mean this is unreal this is absolutely positively on real what on witness right now i can't deny any more i just can't i'm looking at these guys right now right now listen i mean lays these gentlemen ben simmons is a rookie he's averaging nineteen ten and nine and and by nine nine nine point eight assists he's averaging damn near triple double in these four playoff games against miami.

bryan colangelo covington philadelphia sixers jj rettig alan iverson miami marco bill nellie espn ben simmons twenty three million dollar one year
"twenty three million dollars" Discussed on The Stephen A. Smith Show

The Stephen A. Smith Show

01:47 min | 3 years ago

"twenty three million dollars" Discussed on The Stephen A. Smith Show

"I mean sonnet riddick to a one year twenty three million dollar deal doesn't look bad i didn't think it was bad then i like jj read but it's definitely does look bad now so god jj rettig there this pickup that bryan colangelo did of marco bill nellie this do he's got hot he can make big shots he ain't scared he'll ova you see how he can shoot covington can shoot i mean you get air the same can shoot everywhere you turn for the philadelphia seventy sixers they got guys that can shoot if you take jj rettig off the court everybody is six six in above and they all wanted to fend i mean i'm not making this up i am not making this up i'm over my man alan iverson keeps his promise spoke to be yes they told me he's coming on i take tomorrow my show on espn every weekday ten am eastern seven pacific i'm looking forward to my man ai coming on but i gotta tell you you know he's been telling me all year don't sleep won't philly i'm looking at some of these guys they have i mean this is unreal this is absolutely positively on real what on witness right now i can't deny any more i just can't i'm looking at these guys right now right now listen i mean lays these gentlemen ben simmons is a rookie he's averaging nineteen ten and nine and and by nine nine nine point eight assists he's averaging damn near triple double in these four playoff games against miami.

bryan colangelo covington philadelphia sixers jj rettig alan iverson miami marco bill nellie espn ben simmons twenty three million dollar one year
"twenty three million dollars" Discussed on WPRO 630AM

WPRO 630AM

01:49 min | 3 years ago

"twenty three million dollars" Discussed on WPRO 630AM

"I don't think that's a serious proposal because it's not even a drop in the bucket you know the first of all i don't know if they're eligible so there's a lot of rules that the department of justice set out around how that money could be used we'd have to ask the doj attorney general could handle that but we have a as it relates to school construction which is what she's talking about this is a billion dollar problem and that's a few million dollars that might be available so i think it's just political it's not a serious proposal like it really is isn't she i mean she thinks twenty three million dollars is a drop in the bucket she has a lot bigger budget than most of us do just a drop in the bucket all right that was governor raimondo on this morning ask the governor with gene valicenti talking about the google money that representative patricia morgan who is most of you know is running for governor but she's been chasing it around trying to figure out how much is left it was two hundred and thirty million dollar pot o' money in a google settlement fund and yes it had to be divvied up to deal with security different police departments were awarded the funds they needed vehicles and the attorney general's office got a big chunk of it and they bought a building in cranston that apparently everybody says is as it's going up is top notch which i would imagine a new building would be and laptops and google pens and everything that representative morgan is trying to find out where all the money go what's left so the ag's office to try to give her that information said well if we give it to you it's it's you know it's in bulk it's a lot i don't know how much information it could be certainly if they received how did they receive it i don't do they show up with giant boxes of papers or are we not an electron world here computerworld needless to say the office told patricia morgan even though you're a state rep and in a leadership.

gene valicenti patricia morgan cranston state rep department of justice doj attorney governor raimondo google representative twenty three million dollars thirty million dollar million dollars billion dollar
"twenty three million dollars" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:27 min | 3 years ago

"twenty three million dollars" Discussed on Bloomberg Radio New York

"A discriminating i will be reviewing ads on facebook facebook has informed some of its advertisers vic human isamel beyond adds that target certain groups and address politics religion ethnicity and social issues the social media giant also warns advertisers there might be some delays before their ads appear on the platform as a result facebook recently apologize for abuses of an automated advertising process that led to bogus stories and certain promotions of hate messages i'm jan johnson nigeria has become the first team from africa to qualify for the world cup doing it with a game despair after beating zambia one did nothing at home today well a couple from lexington virginia jake and kirsten barney will reap the rewards of cash and beer as they finish first today in the north american wife carrying championship i'm barbara kusak and i'm susanna palmer from bloomberg world headquarters as we've been reporting billions of dollars in losses could result from hurricane nature which is spinning north in the gulf of mexico the storm could push as much as eleven feet of water onshore before making landfall overnight chuck watson a damage model or with enke research in savannah georgia says nate may cause as much as four billion dollars in damages and economic losses across an area of the gulf coast dotted with casinos and resorts president donald trump faced mounting losses at his scottish golf resorts last year forcing him to pour more cash into the proper to cover the shortfall losses at trump turnberry more than doubled to twenty three million dollars in 2016 while revenue fell twenty one percent that according to accounts filed in the uk the company attributed the loss to currency fluctuations and the resort being closed for renovations for six months of the year john flat the new chief executive of bostonbased general electric is making management changes as he's trying to shore up g e stock price he is the worst performer in the dow jones industrial average this year down twenty two point eight percent see f o jeffrey bornstein is leaving and will be replaced by jamie miller ceo of g transportation greek prime minister alexis cipruss will visit the white house on october 17th the white house office of the press secretary says president trump and prime minister suppressor will discuss a range of bilateral and.

virginia prime minister white house press secretary social media jan johnson africa zambia lexington ceo north american wife carrying bloomberg world mexico donald trump jamie miller alexis cipruss facebook jeffrey bornstein dow jones chief executive john uk turnberry president nate savannah georgia susanna palmer barbara kusak kirsten barney
"twenty three million dollars" Discussed on WSB-AM

WSB-AM

03:24 min | 4 years ago

"twenty three million dollars" Discussed on WSB-AM

"Terminology according to dissociate press of what we say and we don't say let's not say radical islamic terrorist it might offend some back let's just say militant i'm gonna say radical islamic terrorist i'm not going to conform to their efforts to try to reshape our culture nomination because you see they have abandoned our founding principles of life liberty and the pursuit of happiness and they're trying to replace them with in pursuit of power control over your thinking your perception and money and even worse this is the worst part which is one of the underlying reasons why i believe we are fighting for our way of life they are bending the truth to achieve their goals they are not protecting the interests of the american people in a more people in the media no they're looking out for their own ratings how can they influence the american people that the their way just reflect on what happened here in georgia not long ago in this special election the liberals the democrats through over twenty three million dollars behind us move talking disingenuous democratic candidate to try to steal the congressional seat they failed the people of georgia are not stupid and they can't be bald just like the people across this country are not stupid and they can't be bought with a bunch of deceptive tv ads liberals and liberal news outlets are openly expressing their hostility toward president trump and his agenda and his agenda is simply the people's agenda they wanna slow the trump administration down with their antics than that distractions but the administration continues to achieve results fc of democrat and liberal fear mongering we know that billionare liberals of sponsoring some of these liberal activists but there real good it had enough being a prince they have organizations embedded in other organizations embedded in other organizations and so when they have the demonstrations like they had for the g twenty those people will pay to do that devils organized demonstration shen people who show up with these town hall meetings they have been encouraged to go there to disrupt the town hall meetings such that the republicans can't get anything done can't say anything can't hear from that constituency is all in general why they want to steal our the way of life by did nine people inflammation and like many of you i'm sick of it it takes the.

georgia trump president twenty three million dollars
"twenty three million dollars" Discussed on ESPN Chicago 1000 - WMVP

ESPN Chicago 1000 - WMVP

02:02 min | 4 years ago

"twenty three million dollars" Discussed on ESPN Chicago 1000 - WMVP

"The first thing both of us said you know neither one of us are on this team at the fao never ever crossing the mind that then neither day we're not make that a link between the all new thirty four thirty podcast subscribe now and the espn app or apple podcast an ratios i'm doug brown it's the first day of july on the first day for nba free agents to negotiate gordon hayward meets with miami today he plans to meet with boston tomorrow and with the team that hopes to keep him utah on monday espn's adrian wars and rescue reports the seventy six years will sign jj read to a oneyear deal worth twenty three million dollars adrian also reports the cavaliers are talking with houston about a trade that would send iman shumpert to the rockets in exchange for some salary cap space to other moved already locked in steph curry gets a fiveyear two hundred one million dollar deal with the warriors and the funding make a afraid with indiana to get paul george a trade that espn's brian windhorts likes a lot of the thunder one of the most amazing thing about this rape oklahoma city is not only did they get paul george and yet the rental but not only did they hit paul george but they weird off into the bad contract from their book has and lower their salaries in the short drone which can help them fight at uplift created with the incredible from the board move over on the fitted brian windhorts done daria now here on espn radio the pacers pickup vicar all the depot and democratise the bonus in that deal baseball finals today the tigers beat the indians seven two four in the first of two red sox take the blue jays seventoone in toronto the battle of brisbane tonight manny pacquiao with his wbo welterweight title defence against australian jeff born our coverage on espn any espn deport as at nine pm eastern time experience wife for nearly a century men.

tigers brisbane toronto pacers espn oklahoma rape gordon hayward nba doug brown apple jeff manny pacquiao miami brian windhorts espn paul george indiana steph curry iman shumpert houston cavaliers jj utah boston two hundred one million dollar twenty three million dollars seventy six years fiveyear oneyear
"twenty three million dollars" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:53 min | 4 years ago

"twenty three million dollars" Discussed on Bloomberg Radio New York

"Day and the ticker is f r t a dave right that's for terror it's time to revisit the theme of buster ipo's or shares the fall be whoa initial public offering prices and four terror is today's example it's the maker of pipe and pretest concrete products whose ticker is f rta for terror when public in october eighteen dollars a share and fell on his first day of trading to sixty fifty while the shares later recouped the laws move higher the rebound proved to be short live last month for taraoke tumbled sixty three percent largely because of disappointing first quarter result gummy postal laws was about three times wider than analysts advertisement of bloomberg survey today was a bit of a recovery thanks to deal for terror agreed to sell its us concrete and steel pressure pipe assets the thompson pike group in return the company will get twenty three million dollars in cash and a thompson drainage pipe plant in texas now four terrorists said the deal adds a earnings profit margins and cash flow immediately after its completed whether you're know one former pipe from another or not the idea of the effect on results while that one over well with investors stock rose almost fifteen and a half percent its biggest oneday game since the ipo nam except for that fifty percent drop this year not exactly actually the stock nogo this is our kasim dave wilson well it's a bit of a recovery install long way back to that i be oprah's means shares closed eight dollars ninety two cents today nonetheless at least it's a good news this company and they've got some debt to a little bit on their balance sheet are tables and thank you so much bloomberg stocks columnist daves bloomberg stock of the day brought to you by.

thompson pike group texas the deal cash flow dave wilson bloomberg oprah daves bloomberg twenty three million dollars sixty three percent eighteen dollars eight dollars fifty percent oneday