35 Burst results for "Two Billion Dollars"
Texas Files to Join Florida Lawsuit Against CDC Over Cruise Order
"The state of texas has joined florida in alaska and a lawsuit against the cdc with the goal of allowing cruises to resume the state said that the agencies no sale order and conditional sailing order have cost the state one point two billion dollars in direct spending and twenty three thousand people to lose their job the filing came just one day after the port of galveston hosted a rally in support of the cruise resumption with guests including carnival cruise lines president christine duffy
Are Banks Getting Nervous About Competition From DeFi?
"What's going on guys. It is thursday may sixth and today we are asking whether banks are getting nervous about competition from defy first step however. Let's do the brief. I on the brief today makoto. Lebron is the latest company to add bitcoin to its balance sheet. This is a massive latin-american e commerce and fintech company. You may remember them for being one of the founding members of the libra association and then leaving that association a few months later. It's a company that is based in argentina but listed on nasdaq they announce as part of their q one reporting the they had added seven point. Eight million dollars worth of bitcoin to their balance sheet now in some ways. This isn't that surprising. Ricardo libra has a long history of interaction with bitcoin. In two thousand fifteen the integrated. Bitcoin is a payment option on their makoto. Pago platform just last week. The company announced a real estate platform exclusively for properties available for sale and bitcoin launching with seventy five initial properties. Some on twitter pointed out that a latin american company investing in bitcoin to protect itself from currency devaluation was even more poignant than some of its american counterparts given how frequently bouts of inflation have destroyed savers in places like mocatta libraries home of argentina and speaking of latin american unicorns. The mexico based crypto exchange. Bit so has just raised a new round of funding that values at two point. Two billion dollars making it. The first latin american crypto unicorn. Next up on the brief today a digital has bought bit go for one point two billion dollars one of the key things. We've been watching here at the break. Down is crypto emanate. Emanate can tell us a lot about wearing. Industry is when times are tough as a survival strategy for companies that might otherwise go under when times are good as often. Something very different. This time around. There are two broad categories. I'm seeing. I is a joining of forces not because one party is at risk of dying but because together they see more chance to win important category
Tesla Stock Upgraded After 'Paradigm Changer' Delivery Numbers
"Our here and they were talking about an upgrade stock from canaccord genuity. We have new tweets from yuan over the weekend. A tokenism of tesla's stock some news on tesla energy and a couple other stories as well. That's the stock on the day to day. Finishing up three point six nine percent to seven hundred and one dollars ninety eight cents compared to the nasdaq slightly down on the day down. Four tenths of a percent possible tailwind on the stock today from an upgrade from jet door shy of canaccord genuity on tesla stock now reading the stock as a by up from hold an increasing his press target by more than one hundred and fifty percent from four hundred nineteen dollars per share all the way up two thousand and seventy one dollars cameras on cnbc today to discuss the notes that oil down to three things number one. The beat and delivery numbers thinks that will lead to greater profitability. Second are bullish on forty six eighty battery production opening up supply for tesla to continue to expand their business both in automotive but particularly in energy storage third tussles brand door shurmur saying quote we can only compared to apple in terms of the brand value tussles driving any energy market and quote in the actual note canaccord genuity says they see tesla becoming the brand and energy storage and creating an apple inc ecosystem with their multiple product offerings so that you actually have tesla energy and their model. They have a growing to what they say. Conservatively would be a billion dollars per year. Twenty twenty five. At five percent gross margin that would compare to twenty twenty levels of two billion dollars in revenue at about a one percent gross margin but gross margin was suppressed from twenty nineteen levels due to solar primarily solar roof which actually talk about a little bit later on so out actually expect more revenue. That's only doubling from the two-billion-dollar level here to four four to eight. I definitely don't expect that to say tusla for years. Once forty six eighty battery supply comes online. Tesla and four and using those numbers was already at a three billion dollars per year run rate for energy but it is really nice to see start to include and talk about tesla energy and their models
Mexico expects a 'constant and growing' flow of migrants
"Hi Mike Rossi our reporting a top Mexican official expects a constant and growing flow of migrants Mexico's top diplomat offered a sobering assessment Thursday of what's to come unless the United States joins Mexico in development aid for the northern triangle of Central America foreign relations secretary Marcelo Ebrard said he expects constant and growing flows of migrants in coming years abroad said Mexico is proposing investing money in Honduras Guatemala and El Salvador the three countries sending the largest number of migrants to the U. S. southern border guard said Mexico expects the United States to join in the development aid and he estimated the U. S. will have to spend two billion dollars per year to stem the migration Mike Crossey out Washington
US Treasury: 156 million coronavirus relief payments issued
"The treasury department says it is issued more than one hundred fifty six billion payments as part of president Biden's corona virus relief plan that total includes twenty five million payments primarily to social security beneficiaries who hadn't filed a twenty nineteen or twenty twenty tax return about three hundred seventy two billion dollars has been paid out since March twelfth a recent poll by the Associated Press in a R. C. center for public affairs research shows about one third of Americans plan to use their checks to pay bills that compares to twenty three percent who plan to save the money in twenty one percent who plan to pay down debt my camp in Washington
Vehicle attack raises new questions about US Capitol security
"Death of officer ovens is another blow to the capitol hill. Police force still really after the january attack. Tonight there are new questions about how to keep the capitol building safe while maintaining in is a symbol of democracy von hilliard. Has that part of the story. The threat of domestic attacks here in washington clear january six and indirection of the us capital then again friday the killing of a capital police officer. We have to get to the root cause of this violence in the months after the january attack washington fortified it's capitol grounds. It looks terrible to have the big of our democracy surrounded by razor wire and national guard troops the temporary outer barbed wire barrier came down leaving. Just this fencing capitol police officers in this existing barrier to respond to friday's attack capital. Police have to be ready to twenty seven and they need the resources to do. Lieutenant general russel honore released review last month with proposals for permanent security reforms including the hiring of more than eight one hundred and fifty additional personnel and integrated retractable fencing system and quick response crises units. Whose powell about democracy congressman. Tim ryan chairs the house subcommittee overseeing the capitol police as lawmakers work on a two billion dollar bill that would provide the cash necessary to implement the security upgrades. We can't get too far ahead of ourselves. Without knowing that we have the ability to protect the capital capital hill residents have bared witnessed. What is now a neighborhood. This is our home so to such violence in our backyards. Just devastating
NIH director on the 3 COVID vaccines
"Dr collins. It is such a pleasure to have you want. how are you today. i am just fine. It is great to be on your show with you bobby. I'm a big fan so terrific to have a chance to talk about whatever we're going to talk about. You are the director of the national institutes of health. What does that mean. that means. I'm the guy who oversees our nation's investments in biomedical research. The national institutes of health is the way in which discoveries get made and clinical advances occur. And it's my job to all of this in a forty two billion dollar a year medical research investment which for the past year has been all about covid. Nineteen as you might guess and we've made some real progress with vaccines and what this way. I'm glad to have you on because this is the guy to ask about vaccines. I've had one shot. Eddie's got shot lunchboxes got a shot. Now we're the inside the two shots system here because we didn't johnson and johnson. So can you explain to me what the difference is in these three vaccines and if we should look for any of them specifically well let me first say they are all wonderfully effective and safe vaccine so the bottom line is you should take what everyone gets offered to you as soon as it gets off. Because this is how we're going to get past is terrible. Ovid nineteen pandemic. Yeah the pfizer moderna vaccine. Those are two shots they're based on something called messenger. Aren a the johnson and johnson is one shot and is based on adenoviruses approach. But they've all been tested in trials of at least thirty thousand people each and been shown to have safety. Records are really quite impressive with no hint of any real troubles there and a highly effective way protecting you against getting sick or dying of covid nineteen and that's what we are all waiting for and now it is here so i know people may be a little resistant about wait. A minute debate rush. Did they go too fast. I'm the guy who's been overseeing all of this at the nih libya sure you. I've never seen anything done better than this. In terms of the way in which the trials were conducted in strength therefore the conclusions about being safe and effective so. Roll up your sleeves america. It's time to get past this pandemic
We are spending more on smartphone apps than ever before
"More signs that we're spending more in the app store. I told you yesterday of global numbers from any those had folks spending record amounts in apple's app store as well as the google play store both seeing revenue growth of forty percent in the first quarter of twenty twenty one with combined revenue of thirty two billion dollars. Now a piece from tech crunch has new data from sensor tower estimating how much iphone and one assumes ipad users are spending on apps here in the states according to the center tower estimates iphone users in the us spend an average of one hundred thirty eight dollars on apps and twenty twenty. A number of the firm expectancy grow. It's kind of funny but not there was a piece ice. On apple's read out oh that had goldman sachs analysts hall being so rod hall. I couldn't bring myself to bring you the report blending down. He still has a cell rating on apple shares. That's partly because he sees op store revenue taking a dive as the country. Reopened post covid. Nineteen so he can't imagine apple doing well but he has no problem imagining things getting back to normal so fast. It hurts apple's line. That's beyond imagining for center tower. They say the record up spend by consumers ends one twenty twenty was driven by the great hunker down. And guess what's going to drive growth in twenty twenty one. According to the report senator tower tells tech crunch it expects the trend of increased consumer spend continuing twenty twenty one when it projects consumer spend per active iphone in the us to reach an average of one hundred eighty dollars. This will again be tied at least in part to the left caused by the pandemic and particularly the lift and pandemic fueled spending on mobile games because right mobile games where the big winner in twenty twenty
NASCAR Drivers Try Out Racing Version of Ford's Mustang Mach-E
"Nascar drivers recently had a chance to test a new ford vehicle. It's got seven motors in it. It's got fourteen hundred horsepower and electric mark rush broke global director of ford performance motorsports. The company developed a racing version of its all electric mustang machi crossover. It pushes everything to the extreme to really show what the potential is of this platform and for electric powertrains. The prototype is not street legal and it's not competing in races but the company is using it to showcase what an can do feel that. Almost instantaneous torque going from a standing start and it is just a very sustained high rate of acceleration even our nascar drivers that drive very high power internal combustion engine race cars. They just come out smiling and excited about what the future is. The car may be a one off. But ford says its commitment to vs is not the company recently announced it's increasing its investment in vs to twenty two billion dollars so rush brooke says ford wants to get people thinking about is not only as good for the climate but his fun fast and powerful
Extreme weather is driving up costs for MN homeowners
"Climate change in minnesota costing you. Let's ask mark colder. He's the vice president of public affairs at the insurance federation of minnesota. I'm mark welcome to climate cast. Hi paul thank you very much for having us on and talking about this important topic what trends are insurers seeing for billion dollar weather disasters in minnesota over the past couple of decades up until nineteen ninety eight we had decades of stability and in one thousand nine hundred ninety eight. We had three significant storms including one on may thirtieth that was part of the southern great lakes to ratio. That storm cost nine hundred million dollars in insured losses and those three storms together in one thousand nine hundred cost one point five billion dollars and that's important because that one point five billion dollars in losses is more than the previous forty years combined and since then as you just noted it really hasn't stopped so this is almost becoming an annual thing. Isn't it it is. It's about every other year. We see and just in two thousand seventeen on june eleventh. There was a large hail storm. It was a very brief storm. Only about a half hour or so. It hit the northwest suburbs of the twin cities brooklyn park and coon rapids. It seemed like it was a minor thing that ended up being three point. Two billion dollar insured losses catastrophe. It was the most expensive storm in state history and the tenth most expensive storm in the world that year and so when these storms happen know the insurers pay for it when the insurance pay for it that means policyholders pay for it
Interview with Airbnb CEO Brian Chesky
"Talk to me about going forward and connecting people and the focus. You're putting on experiences but also on the lives you can create for your host. Who in part. I think are taking equity and becoming quite important for the brand. We've just heard in london here this week. That uber has said its drivers will become workers with benefits and minimum wage. So they're getting brought into the companies. So how do you sort of to advance the experience of your host but also the people that are using the platform to rent yet to great questions. Maybe i'll start with the second question host. And then i'll go to the first one the different like let's just take us versus uber. One difference in us an uber is the founders of uber created uber because they wanted to be writers another words they said it would be awesome if i could summon a black car so they started on the buyer side. We were totally opposite. My roommate and i weren't desiring to have a service like airbnb to travel because we were too broke to even want such a service. I mean we would have loved it but we were so broke. We just wanted to way to make money so we really started as host. So in that sense. I think this is a company of hosts by host for host and even if we have veered from that in the past. We're back there. And so i'm very proud of the fact that number one host have made one hundred and ten billion dollars on our platform since we started. That's pretty cool. The next thing. I'm saying i think it's cooler. Fifty five percent of that income has gone to women most ecommerce platforms. The vast majority economics. They're not evenly distributed on airbnb. The vast majority of income is outside the united states and more than half of it goes to women. it's a pretty diverse audience. We have four million host on airbnb. Ninety percent of our hosts are individual people so there is a question. How many of these are professionals. The answer is ten percent ninety percent of individuals. The most common careers are healthcare workers schoolteachers. In students these are the three most common professions that we've seen so these are truly everyday people like my parents. My parents are social workers. And it would make sense that people who need supplemental income would be everyday people for the most part one of the things we did before it went public. Is i got a piece of advice from somebody. They said. institutionalize your intentions. So that even as a public company you can minimize conflicts. Your vision and what they really meant was wants to go public. The cement of your company gets a little harden. What do you want to bake into the company before you go public. And i said one of the things i want to bake in is to create a host endowment. I want to set aside equity for host and so one of the things we did is we took nine point. Two million shares of airbnb equity and we put it into is essentially a airbnb host endowment kind of like a college endowment where it would grow every year but then some of the appreciation would get distributed into the host each year. So that was the idea that endowment is nearly two billion dollars today and growing. I hope it's one day. Larger than most college endowments and we created a host advisory board of seventeen host from fourteen countries to advise us on how to spend that money and reinvest it back to the host community. We also allowed host to invest in our ipo. And we had. I think it was fifteen thousand host. If i'm not mistaken who invested. They bought stock at sixty eight dollars. A share as you know the stock prices at the time of this recording around triple so those hosts have done really well and if i could allowed winning more host to invest in the whatever but we had some sec regulations that limited us and so these are just some of the many things we tried to do. But i just want to say like our commitment to host just beginning. Because i've committed to putting more than one hundred million dollars in my own equity into the host endowment and we're gonna continue to invest in our host because we are nothing without our host and in the end the day everybody's more of a community anything else i mean. Yeah we are a technology company in a sense but with people are buying isn't technology and they're not buying real estate we're not like zillow wh- senator of our company our host and our people and so that leads to the second question. What is airbnb about in. Where's it going when we started airbnb. Our first tagline was travel like a human. The idea was that you were like kind of treated for who you are. And you're seen for who you are valued for who you are and that was kind of the idea. I mean it was idealistic. But i can tell you. We definitely believed it in the early days and we realized that i had these two crazy ideas when we start airbnb. These crazy beliefs and people thought i was absurd. The first idea was we thought people were fundamentally good. That sounds kind of crazy because if you open any newspaper you wouldn't think they're good. People are good wise every headline about the worst of humanity. I think there was a famous quote by a former chief justice. The united states. You said i don't read the front page of the newspaper. I read the sports section. The front pages filled the man's failures. The sports pages. Filled man successes. I kind of feel like despite what we read in the news. People are funny. Good and i can tell you that we have the data to prove it. We probably more than anyone to prove what happens. When a hundred million people live together. Mostly good things sometimes bad things but statistically people are good and the second thing is true is that people are ninety nine point nine percent the same and you would never think that today given that we are so divided and yeah we spent a lot of time energy celebrating that point one percent. That makes us different. We call that culture in other things but let's not forget that we're mostly the same deep down and if you think people are good and their most the same then you'd believe that it's better to bring them together than divide them in separate them. That was the idea behind airbnb and so real estate and housing is just the beginning. We launched a few years ago. Airbnb experiences air experiences are essentially just three hour activities where you can have a host host. One other passions. You can go to tuscany. And make pasta with grandma grandma. Non an arena. Who's like an eighty plus year old grandmother who grew up during world war. Two and tells you about living in italy during the rise of fascism and then kind of what happened after and she tells you about her famous recipe and you make pasta in her house with and then you eat around the table this alternative to going to restaurants a pretty cool alternative so we have these like really interesting experiences and i think experiences is going to be a really really big product. I thought last year was going to break out year. But of course social distancing met we put on pause but we're looking at many new ways to try just connect people again. I think this is one of the loneliest times in human history right now. I think most people listening would probably say they felt some type of loneliness in the last year. We've been so separated. And i think in life we sometimes appreciate things when they're taken away from us and human connection and travels been taken away from us and i hope that makes us value at more than ever before and i'm pretty concerned about the amount of isolation happening and i don't think that social media and digital connections are fully nourishing. We actually do need real connection with real people. And i actually think it's good. Connect people are different than you. If you wanna like bridge the divide in any country. The best answer. I've heard is to just walk in other people's shoes don't argue over the internet. No one's ever changed. Someone's mind on a youtube comment section to my knowledge. But how could you not change your mind when you walk in someone. Just home live in their home walk. In their shoes do their activities. You may not agree with them but you will find that. Most of them are good and they're mostly just like you deep
Global Shortage in Semiconductors Increases
"Global shortage in computer chips reaches crisis point. And i really wish that they would just break more into what's actually going on behind the scenes. I get it maybe to some extent. We might not actually know what's going on. But let's hop on into the articles. He what's up. Consumers are facing price rises and shortages of products from. Tv's mobile phones to cars and game consoles as a global shortage in. Semiconductors grows shortage in chips. The brain with an electronic device in the world has been steadily worsening since last year now. Initially the problem was only temporarily in supplies. Factories shut down when the pandemic i hit however although production is back to normal a new surge in demand driven by changing habits fueled by the pandemic means that now is reaching a crisis point car manufacturers investing in tech heavy electric vehicles. Which is okay. I'm just going to make a point to some extent stupid. Gopher hybrid the boom in sales of tv's in home computers launch new game consoles five g. Mobile phones have all driven demand. So we know that demand has been going on an increase to like crazy stupid level that we haven't seen before even a mighty apple a two trillion dollar company in the world's biggest buyer of semiconductors spending fifty eight billion annually was forced to delay the launch of much hyped iphone twelve by two months last year due to the shortage in one of the reasons. Chips are everything says neal camping media in tech analyst at mehrabad. There's a perfect storm of supply and demand factors going on here but basically there is a new level of demand that can't be kept up with everyone is in crisis and it's getting worse for recently canceled shift at two car. Plants and said profits could be hit by up to two point. Five billion year due to chip shortages while nissan is idling output at plants in mexico. Us general motors said they could face a two billion dollar profit hit as well. Meanwhile sony last month along with other console makers has struggled with stock shortages over the last year that it might not hit sales targets for new playstation five this year because of the semiconductor supply issue microsoft's xbox said if forecasts supply issues continuing at least until the second half of the year and then they go on to talk about samsung itself selling fifty six billion dollars of semi conductors to other an consuming thirty. Six billion dollars of them itself finds. It may have to delay the launch of one of its own products as well. They're co chief executive. Who had its mobile business. Unit highlighted a significant issue. Saying there is a serious imbalance in the pecking order of who has Giving the limited supplies of chips so what exactly is going on. While chip shortage looks set to persist for some time yet. It up the two years to get complex semiconductor production factories up and running and manufacturers are in process of significantly raising prices for the second time in less than a year is no sign of supply catching upper demand decreasing while prices are rising across the chain so economically. What does this mean means. Less supply obviously unable to meet demand and prices. Go up because of it. Because that's kind of the only counterbalance that you have to be able to balance everything taken an economics course at the basic level. How things work. So what exactly is going on. It could be that. There aren't enough factories able to produce enough of a supply of semiconductors. One thing i'm wondering though is are there enough materials to be able to construct it. I mean semiconductors aren't really the easiest to make their actually quite complex quite exact in its production of it not to mention you also need to have trained individuals who know how to do it. Do it well Which is a limited supply of as
Treasury: $242 billion in new relief payments already sent
"Millions of payments have already been received from the latest round of virus relief funding the treasury department says it's already sent out some ninety million payments since president Biden signed a relief plan into law last week that's two hundred forty two billion dollars paid out as direct deposit or mailed as checks the first batch went to eligible taxpayers who provided direct deposit information on their twenty nineteen or twenty twenty tax returns and to those who typically don't file but signed up last year at I. R. S. dot gov officials say payments will continue in the coming weeks the American rescue plan provides up to fourteen hundred dollars for qualifying individuals Jackie Quinn Washington
Expanded testing part of Biden administration school plans
"The by the administration says it's pushing forward with plans to reopen schools this spring we're at a critically important time in our nation's history in education in the White House briefing room education secretary Miguel Cardona said his priority is to get as many schools open as soon and as safely as possible he says the recently passed virus relief bill will send one hundred twenty two billion dollars to schools nationwide for needed changes like new ventilation systems the health and Human Services departments also spending ten billion to boost virus testing for teachers staff and students we know that that's a tool to help keep schools open not only reopen to keep them open Cardona says he expects schools will fully open in the fall if vaccinations continue as expected Sager mag ani Washington
Purdue Pharma proposes $10 billion plan to come out of bankruptcy
"Pharma the maker of oxycontin filed. Its long bankruptcy plan just before midnight last night in a federal court right. So here's the plan. The company itself will be dissolved. A new organization will be created that would direct profits to help people who were hurt by the opioid epidemic but two dozen states came right out and they rejected that plan. They say it doesn't hold the sackler family which owns purdue pharma accountable. Let's bring bringing. Npr's addiction correspondent. Brian man Brian what does purdue pharma savings. This plan will do the company's president a he's a guy named steve miller and he says this new company that will be created from the ashes of purdue farmable essentially exist to benefit the public. The sackler will have no role or ownership going forward and over time. This new firm will generate hundreds of millions of dollars much of it from selling oxycontin which they say they can do ethically and safely. They'll also produce other medicines that will help people with opioid addiction. According to purdue pharma the total value over time To thousands of creditors will be billions of dollars and members of the sackler family also issued a statement last night. They said this plan offers. And i'm quoting here. An important step forward helping those who suffer from addiction. Okay but wire so many states unhappy about this a lot of reasons but a big complaint is from state attorney general most of them democrats who say that purdue pharma and its owners the sackler only offering up about five hundred million dollars right up front the rest of the cash payments including four point. Two billion dollars promised by the sackler themselves. All that money would be spread out in installments. Paid over most of the next decade that really angers critics like more healey. She's attorney general in massachusetts. What the are offering essentially as a way for the payments to be structured. That makes it convenient for them. They get to keep their billions and bank accounts and make money and use the to pay. You know the states out over time while they're oxycontin or chin keeps growly and there's another row bay for critics and it's affected a lot of the ten billion dollars in value. Promise by purdue pharma in this deal doesn't actually come in the form of cash that communities desperately need to pay for things like addiction programs in public health instead. This plan would provide low cost addiction treatment drugs like buprenorphine and lock zone which the new spin off company would make and sell at a discount. Then what happens to the sackler here. Because if the federal bankruptcy court approves this plan i mean they feel any personal thing at all. This is a really big question. After launching oxycontin and claiming it was safer than opioids other opioids the sackler and their company hauled in more than thirty dollars in revenue. Purdue pharma has since pleaded guilty twice to federal criminal charges for their marketing of opioids researchers say oxycontin contributed to this explosion of opioid addiction and death. Now the actors have agreed to give up control of their company. But some critics point out that purdue pharma was already sinking under the crush of all these lawsuits. So it's not clear how big a financial sacrifice that really is. Members of the family also added about a billion dollars to the earlier settlement offer. They made but in this deal they will keep most of their personal fortunes and they'll admit no
Blockchain insurance innovation insights from Tata Consultancy Services
"Pratap. Thank you for joining us today. Could you please give us our listeners. A quick introduction on yourself. Yeah but at optum quantify years of it expedience have been working in insurance commercial insurance primarily since twenty seven. And i've been working in blockchain's and insurance since Wouldn't be fifteen august. And i'm passionate about multiple editing and my expertise. Elliot's group at a stop modeling blockchain's insurance on morton's liberty and climate change anybody passionate about those are the key things about indeed. I think we also have common passions both on blockchain but also on on climate change. So it's great to have you with us on this show our top as you're quite familiar with the shows we're going to start off with our first question. Which is could you please explain our listeners. What is blockchain. And how does it work. Yeah so blockchain and the slightly order term and get used for. dlt's also. I really shared this particular simplified description which is more applicable to then a purist blockchain description since that is my focus so normally using a client create and propose transaction to one or more web servers run by one party. Typically one server validates that transaction and different. There's okay then process sincere in blockchain more. Dlt really using a client. We propose transaction to multiple servers run by different parties which validated on action. And if okay together consensus process and if the consensus was a succeeds then the process the transaction and save it and they typically the blockchain varies from here on that. It saves it in that particular blocks but in the deal. The doesn't necessarily so. That's basically how we how i would explain what blockchain us thank you for that so To continue as could you also give us an introduction to tata consultancy services. Yes oh pcs fifty already. Services company grand old. We are part of the group one of the largest and most espn. She conglomerates on the planet attack loop gets much more revenue from india then from insane india out of it stolen hundred and six billion dollars revenue. Tag group hasn't track record of enlightened policies for workers much more before they became common even in the west so We have Twenty two billion dollars revenue. Four hundred and seventy global professionals including thirty six point four percent women from an total of one hundred and forty seven nationalities. I have a personal relationship to the toddler group. My father worked in india and told me stories of title and todd in particular due to it's much more social purposive nature. I like working here. And is sir very much reflective of the group in general so i have my own dc s fifty watch and long. My father is one from the loop so that that's from india. So that's basically what. I like about the pieces group. This is fascinating because you're obviously there's a family history to it. But i i personally did not know you know about how important. Es g was to the tag group. So it's wonderful to hear that let's focus a little bit. You know regards to tag consultancy services itself because in in november of last year yet you partnered with d three i to design develop and launch ecosystems innovations based on distributed ledger technology. For the insurance industry. Could you please tell us what is partnership means to tcl s but also what it means to you personally. Yeah thanks so i was. The first globally to write about. Blockchain can be applied to commercial insurance and reinsurance in august twenty teen associated with many people and associations considering implementing blockchain's and insurance including some of the original or you know pretty old be ti people then so be initiated by the insurance industry for the industry this is the best and most feasible way of implementing blockchain's in insurance or for that matter in industry if it is something that the industry standard for itself. It's always easier having worked in the london insurance market since two thousand eleven. I'm sharply aware of how difficult collaboration between competencies. And i've seen that. Don't the difficult work. I have some friends. And i have discussed particularly with. They didn't offer good for example. How difficult it is but bt. I has got got all this correct. You know they have figured this out. They have Twenty one committed investors and lots of members to get a consortium blockchain of the ground. It is necessary to have afford. The industry by industry consortium like betray then. There is a key role for the product vision technology. Which in my view be theaa sorted out pretty well and there is a need for good. si partner that's what basically there's about as a pioneer of in the space. I understood early on that size late. Theseus have a key role to play in enabling consortium blockchain's to succeed. And that's basically why. I'm still in dc said not in a startup. We don't because. I think they said yeah.
Post-Pandemic Cities Might Actually Want Airbnb Around
"Has been a roller coaster year for a lot of businesses. Few more nausea inducing than airbnb. The company saw an eighty percent drop in business. Last spring is the pandemic hit. It laid off a quarter of its employees raised. Two billion dollars in private funding hurried the heck up and introduced online experiences like virtual cooking classes to try to make any money at all but by december airbnb had recovered enough for a blockbuster. Ipo and a profitable third quarter now. The companies facing the return of its core business plus. It's pre existing challenges like being blamed for housing shortages and new ones like whether to house rioters planning to storm the us capitol. Brian jesse is the ceo of airbnb in the wake of the january. Six insurrection in washington. Dc thought occurred to us and the thought was. Where are these people staying. And the next thought occurred us weight. People are gonna come back to dc and we said we're going to cancel all reservations for the weekend gration dc. That i think we learned the lesson a longtime ago that we have to take more responsibility because our product is in the real world and that's led to us having agreements with more than thousand cities around the world. I want to ask you about that. Actually because that is been that was sort of the other bubbling thing with airbnb. Is this relationship with cities and weather. Airbnb is partly to blame for the lack of affordable rentals as you sort of prepare for that part of the business to come back in force. How view rethought your relationships with cities and housing. I think kobe allowed everyone to take a breather. Think we got a bit of a reset and the relationship with some cities city started approaching us. Some actually said they wanted to get more demand because they said we have major budget shortfalls. Now we have major tourism shortfalls. So you think it's the kind of reset where cities were like. Oh we need you as opposed to you erin. Pnb have to do more to deal with the question of how things play. maybe not. They need us but they say oh. Maybe we can work together. I feel very optimistic about our ability. Have great relationships to cities. And i think the other thing that's going to happen travel. People aren't just going to travel the same fifty cities anymore. And that has had a way of redistributing travel to more communities because primarily. A lot of the conflicts are too many people one place at the same time. You've also said that you think this idea of digital nomads could be big people booking longer term stays do you think that could improve relationships with cities and neighborhoods too because people are not coming and going so quickly. Yeah i mean. I think the other trend is our businesses becoming less transient monthly. Rentals is one of the fastest growing parts of our business. But but i think the other shift is stays are going to be longer. And i think there's going to be this blurring of the line between traveling and living. It means that people a lot of people saying that they don't live anyone place anymore or they used to be. You live on place and you go one or two nights for a business meeting and like one or two weeks vacation now a world where you work from home means the world you can work from any home and so i think you're seeing people where i think i think three day weekends. We'll be every weekend for a lot of people. i think. Some people will take five day weekends. I think significantly more people will live in a different house over the summer than the house. They currently live in where they use in the same house. I think it'd be very normal for people to go to a different house for the summer. I mean it just makes by the way total sense. Why one would do that. And if you could say well how do they ford it where they can rent their house and they're gone so you can net it out. So these are things are going to happen but you're going to also have people. They're just purely nomadic. Maybe not people families but retirees and an empty nesters or you know young people single people people who like can move. I mean i always had a dream of like what. If i could go to like you know a different city every month in live there. This would be super interesting. Think about all the people you would meet all the connections you'd have By the way in this new world you can still stay connected. All the people used to know. So i think this is where travelers going. Travelling living blurring together
Elon Musk - The Man Behind Tesla and SpaceX
"Well who's elon. Musk well if you don't know you're gonna find out right now. There is so much news internet entertainment on ilan mosque. And i want to tell you that this is only the basics of aeon. Musk who he is. There is plenty to find out about him. I will leave some of the links and the show notes. So don't forget to look but who is elon. Musk and how does he lawns story began. Well he is a visionary entrepreneur and the co founder of paypal and tesla motors as well as the founder of the new space x program which is very popular to day his astounding success has given rise to comparisons to the uniqueness of howard hughes and the tenacity of a henry ford but he did have an often difficult childhood like most of us kids his own age made fun of him from his own descriptions the years were lonely and brutal alon is quoted as saying they got my best friend to lure me out of hiding so they could beat me up and that hurt. That's when i realized that they were going to go after me non stop. That's what made growing up difficult for a number of years. There was no respite. You get chased around by gangs. These gangs tried to beat the insert. Swearword here out of me. And then i'd come home and it would just be awful there as well but not all was wasted. This difficulty cultivated itself into a relentless work ethic a never ending tenacious vision of the future. You see enron was born and raised in south africa and he spent some time in canada before finally moving to the united states thin and the united states. He was educated at the university of pennsylvania. A very good school majoring in physics. That's when ilan started to excel and experiment to soon. Become a serial tech entrepreneur with early successes like zip to an x dot com. He took on two majors at the university of pennsylvania but his time there wasn't all work with a fellow student. He bought a tin bedroom fraternity house which they used as an ad hoc nightclub will. Musk graduated with a bachelor of science and physics at all as a bachelor of arts in economics from the wharton school for ilan. Physics made the deepest impression. He is again quoted as saying and somewhat giving directions to boiling things down to their fundamental truths and reason up from their. Musk was twenty four years old when he moved to california to pursue at phd in applied physics at stanford university with the internet. Exploding in silicon valley booming. Musk had entrepreneurial visions on his mind and dropped out of the physics program just after two days but in two thousand and four. Musk joined to engineers to help. Run tesla motors. You've all heard of tesla motors right. Well this is where. Musk was integral and designing the first electric car. There's no doubt the electric car is the car of the future. But his first car the he designed was the tesla roadster as we are all aware of the tesla has become one of the world's most popular and coveted car brands and is still growing in popularity in the united states and in many different countries tesla and the electric car are taking over but we must never forget about musk's early interest in reading philosophy science fiction and fantasy novels and how that played a big role. I mean a huge role in the inventor that he is today. It is reflected in his sense of idealism and concern with human progress. He aims to work in the areas he has identified as crucial to our future specifically the internet. The transition to renewable energy sources and space colonization and. Ilan has been all over the media. Making three podcast episodes on the joe rogan experience while the first one in which he smoked. Marijuana was pretty funny but in a maximum article. I found this elon. Musk's third appearance on the joe rogan. Experience podcast the genius. Tesla and spacex. Ceo did reveal intriguing plans for a floating tesla. Musk revealed that the long awaited second generation tesla roadster could have a space x package that would allow it to hover at a limited altitude above the ground. Something that we have never seen before with all these new inventions floating around. Is it any wonder why everyone is watching. And curious about ilan's next big thing. Well at tesla fans are awaiting the cyber truck which will make an appearance at the end of twenty twenty one and the exciting numbers are in for ilan's wealth elon. Musk started twenty twenty with a worth of about twenty seven billion dollars and was barely in the top fifty richest people then in july of twenty twenty. Musk past warren buffett. The great billionaire to become the seventh richest person in november. Musk raced past bill gates to become the second richest person. Musk has gained more wealth over the past twelve months then gates his entire net worth of one hundred and thirty two billion dollars and according to cnbc elon. Musk just became the richest person in the world. With a net worth of more than one hundred and eighty five billion dollars alone recently had a new marker for his wealth and that is so cool because of all his inventions and his time spent caring and wanting the united states and the world to move ahead has made a name for himself. There is no doubt an increase in tesla's share price pushed. Musk past jeff bezos of amazon. Who had been the richest person since two thousand seventeen. You see musk's wealth surge over. The past year marks the fastest rise to the top of the rich list and history but why because he is investing in the future. It marks a dramatic financial turnaround for the famed entrepreneur. Because he cares about what happens in our future so with all his wealth experimentation and knowledge elon. Musk is our future and for those. That are young enough to dream about being an elon. Musk it must start with your curiosity with reading and learning more and more about new and different things and that i want for you and your children now and in the future.
"two billion dollars" Discussed on Newsradio 600 KOGO
"Two billion dollars in crucial small business support to keep workers on the payroll seventy five billion dollars to aid hospitals which really need the aid and very badly very proud of that and twenty five billion dollars to support corona virus testing efforts president trump with a corona virus task force briefing Tuesday the house is expected to take up the bill and a slim build session on Thursday we're also learning more about the president's plan to temporarily suspend immigration here's what we know so far a temporary halt on immigration it would last sixty days and apply to those seeking green cards for permanent residency it would not apply to individuals entering the U. S. on a temporary basis and this will course will be re evaluated once that sixty day period has passed this is Kevin Corke the president meeting with New York governor Andrew Cuomo on Tuesday afternoon the two reaching a consensus on testing states will manage their own corona virus tests the government will work to get the materials needed for them it ends the whole back and forth in the finger pointing in a very fair and smart way it's a smart resolution the president called the meeting with governor Cuomo very productive more than a quarter of the forty five thousand U. S. deaths blamed on the virus right now in New York state southern California hospital is reinstated nurses who were suspended last week after refusing to care for patients infected with the virus because they lacked protective respirator masks Wall Street Tuesday the Dow lost another six hundred thirty one points nasdaq down nearly two hundred ninety eight the S. and P. five hundred dropped eighty six points America is listening to fox news what is what's new today's topic who's the greatest of all time for my money it's progressive home and auto bundle it literally saves you money gentleman your thoughts look at what I'm saying she had a full it was amazing and I was told you so I disagree thanks fellas took the words right out of my.
"two billion dollars" Discussed on Liberty Talk FM
"Has slashed the amount of money a jury ordered Monsanto to pay a couple who got cancer after years of using the weed killer roundup this was the third trial against Monsanto over the carcinogenic a fax of the weed killer called roundup a jury in Oakland ordered that their own company to pay I'll the Alberta Pelley on two billion dollars their cases of non Hodgkins lymphoma are in remission the state judge in the case lower the amount to just under eighty seven million dollars like a federal judge before her she found the initial ward unconstitutionally high federal judgments and chop rate lowered the amount awarded in the trials of doing Johnson and and would heart of and Monsanto and the US EPA state roundup is not carcinogenic the World Health Organization says it probably is just get Rosenthal fox news some places are using green squash instead of avocados and guacamole and some people have no idea the truth is it when you boil and when these kind of a C. does which is kinda like a small squash and then you mix it with spices and peppers it can certainly passes guacamole then again you put enough jalapenos and shaving cream you might be pure chips in that as well last year at this time the department of agriculture says a medium Hass avocado from California was a dollar seventeen today it's two dollars and ten cents a ninety one percent increase primarily because of the extreme heat in California over the past several months it greatly reduced the crop and that's just California Mexico provides ninety percent of the avocados in the U. S. in the prices down south even higher boxes trace Gallagher authorities in Sweden have released court documents in the assault case against American rapper a sap rocky into whether men prosecutors.
"two billion dollars" Discussed on Bloomberg Radio New York
"Crossed the two billion dollar Mark at the global box office in record time leaving newcomers in the dust. The Walt Disney company estimates endgame about four hundred twenty eight million dollars just this weekend. Becoming one of only five movies ever to reach the two billion, Mark. I'm Evan Haning. Bryan curtis. In Hong Kong. Let's get you. This hour's top business stories and the markets. Asian stocks are seeing a major sell off today. Details coming up China is considering delaying a trip to Washington by its top trade negotiators. That's after President Trump threatened to impose steeper tariffs on China because talks were moving too slowly in a tweet Trump said that he would increase tariffs on two hundred billion of Chinese imports from ten percent to twenty five percent by this Friday. Bloomberg's Mark Nick can't says it's hard to tell exactly what the president has in mind. The Chinese in a box. And you know, if they do respond to Trump's demands, it could look like they're caving to you know, in this case, a tweet. Meantime, China's central Bank will lower reserve requirement ratios for mid and small sized banks and effective may fifteenth. And also the PBS's says that two hundred eighty billion Yuan of long-term funds will be released into the markets in one other note little-noticed, given the trade news tycoon services index for April was at fifty four point five better than the estimate and stronger than the reading in March. In other news, Occidental Petroleum has moved to step closer to sealing its acquisition of Anadarko petroleum. It's sweetened its offer. And agreed to sell assets owned by the target company Occidental increase the cash portion of its bid to seventy eight percent from fifty percent, and it also pledged to cover the one billion dollar break-up fee that Anadarko would have to pay for abandoning deal with Chevron now to the markets. Thanks. Index is down three point three percent. The CSI three hundred in China is down four point six percent. Also looking at SNP Many's now down about one point nine percent. The Straits Times index in Singapore down more than three percent. Global news twenty four hours a day live and tick talk on Twitter and powered by twenty seven hundred journalists and analysts in more than one hundred twenty countries in on Kong. I'm Bryan Curtis. This is Bloomberg is Bloomberg.
"two billion dollars" Discussed on 1170 The Answer
"Fledgling start up with just under three million in annual revenues last year after creating a global company with nearly three hundred million dollars in revenue was acquired by Zohreh DAS, the largest producer of medicine and vaccinations for pets livestocks for it was acquired for two billion dollars. Clint welcome and congratulations on a successful exit for your team and your investors. You're welcome. And it's a pleasure to be here. Let's start with your overnight success describe your journey at a backs when you joined what you went through to bring it to this. Great conclusion. Yeah. So when I joined the company it was about two point nine million in revenue. We had a six point seven million in losses. About half the products have been developed, and we had a going concern and our annual report, and this is after investing about fifty five million dollars in the company. So he had less than a year's cash left, and we were a public company so everything that went on was public and that was my challenge. So in looking around at shoe, how do you change this? How do you change this direction? It was clear that one of the big issues was people didn't seem to care and in finding out. Why don't the employee's? Here seemed to care about what's going on as far as the performance of the company. It was that their interests were not aligned with the interests of the company that was that was the fundamental problem, and they got paid the same. Whether the company did well or whether the company didn't do well, and they figured well. It's management's job to raise money. So if the company runs out of money, it's up to management to figure out how to get more money into the company. And so folks, we're not pulling in a in a direction that would lead any kind of success. So once I figured this out. I decided I need to align. The interests of the employees with the interests of the company and the shareholders and the customers, and so fundamentally what I did is I cut everybody's base pay significantly put in a bonus programme. Okay. That if we hit our objectives. Everybody would get twice what I took away back. And then we I let some folks even set their own pay combination of base and bonus. Got to set their own pay. If we hit the objectives. That's what they would get. And so went from nobody pulling in any direction to all of a sudden everybody pulling in the same direction because in order to hit their objectives their personal objectives. The company would have to hit its objectives. And of course, it changed the whole culture of the organization, and that was really the key to making all this happened. And did you lose any people in the process? Yeah. So in the beginning, I lost about half the company when I cut the pay I lost about half the company, but you know, what that was okay with me because those people really didn't believe and they walked with their with their feet. They didn't believe that we would ever hit the objectives. And they didn't think they'd ever get their money back and the ones that stayed were the ones that believed. And so yeah. So I ended up. Yeah. Kind of cleansing the company and keeping only the people that believed in what we were doing, and then we rebuilt from that point. And how did your I hadn't realized that was a public company at the time because you're really young company for being public. How did the board? How did you the board interact on all this kind of a change from what people are used to doing right? Yeah. So it was the board considered a very high risk strategy very high risk. And there was a lot of debate on the board about this approach. But in the end, they agreed that the old way certainly didn't work and that probably the only way to get the company into a position where it was self sustaining was to do some high risk stuff. And so yes, so eventually everybody came around, and we all pulled together now in doing that and one of the things that's also another picky area for me is the setting of objectives. So a lot of people are listening. This is the beginning of the year. They usually do it at the end of the year as you well now, and I'm nejra go into the year. You've got your objective set. But this is something that is timeless and how you set objectives. And as a company or as an organization how how did your planning your? Directive planning when did it begin? And how did you go about doing it? Yeah. So so it began so I joined in June and this whole process where I changed the pay structure and everything was completed in September October. And and so the fiscal year for a backs a bad time was ended March thirty first so April, I was aren't new fiscal here. And so as we got into the planning process for the new fiscal year, I asked all the department heads. What would you like to get out of this company over the next twelve months? What is your objective personally over the next twelve months, and I let them fundamentally set their pay. I said how much money do y'all wanna make how do you want your career to grow? What is it that you personally want and then everybody set what they wanted? And then I said okay now in order to achieve that this is. The performance the company would have to achieve to be able to afford to pay that. So then let's talk about what the what has to happen. In order for you to achieve what you want to achieve and that's how the planning started. And then the objectives rolled out of those discussions. Yeah. Once everybody knew what had to happen to be able to meet their personal objectives. We had everybody pulling in the same direction. Now, John Dore who's formerly the managing partner for Kleiner. Perkins has a book out now called okay, ours, objectives and key results. That's a program that he learned from Andy grove when he worked at Intel, and it's been used by Google number of other people now, and I haven't gotten through all of it yet. But I I grew up in the old Ambyo system. I like what I've heard about what you were doing in terms of starting with talking to people about what they want to get out of all of this. I think that's a great place to start and Dora Dora some of that as well apparently from the program that he's implemented. But he he disengages the objectives from compensation. Which I'm trying to myself figure out how you do that. You have any thoughts on that. Yeah. So the first question that came to me as we did our first planning meeting is the question was what has to happen in order for us to achieve what what we all want to achieve personally. And at that particular point in time, our gross margins were minus fifty percent. So I said guys the gross margins after at least break even over the next twelve months for you guys to achieve any of the things that you want to achieve. So that became the company goal in. I five minutes a company goal became break, the margins even so then the question was how do you do it? What part does the factory play? What part does the sales and marketing play what part is finance play. What part does HR play. And so we identified all the functions. Okay. That have to work together to make this happen. And then I asked my CFO at the time, you know, how long do you think it'll take? To break the margins. Even she said, oh, man. It's minus fifty percent. It's gonna take more than a year. Hold that thought we're gonna come back at him that you can tell us what how we're going to go to a break when we return we will continue with him and the secrets he learned along the way and growing the value of a healthcare start up to two billion dollars. This is Tom Lori. And this is the mentors radio. Hello. I'm Mike Lindell, the inventor of my pillow, and like all of you out there. I promise sleeping pillows would go flat. I would flip flop all night long. I would wake up with a sore neck, maybe a headache or feel like I needed a nap. Even though I slept eight hours when I invented my pillow. I wanted it to where you can move the patented fill to give you the exact support you need as an individual regardless of sleep position. My pillow will get you into that deep sleep faster, and you will stay there longer. It's not about how much time we spend it bad. It's about how much of that quality sleep. We get I do all of my own manufacturing right here in the United States..
"two billion dollars" Discussed on Bloomberg Radio New York
"Thirty two billion dollars here to explain why is Bloomberg cross asset markets reporter, Eric lamb, thirty two billion, Eric what does it? So today, we're coming up on the ten year anniversary of the tainted milk scandal in China and thirty billion dollars figure is actually an estimate from Euromonitor for the size of the infant baby formula market in China. It could grow to thirty two billion over the next five years by twenty twenty three which really gives you a sense of the stakes that are involved in that market now at current currently, we're dealing with foreign producers versus domestic producers real battle right now for the hearts and minds of consumers in young parents. So what are foreign producers doing to build market share Howard, domestic producers fighting back? Yeah. The foreign producers certainly have an advantage because they're perceived to have higher quality products that are less risky for parents. And for companies like Nestle, which has seen their market shared quadruple since two thousand and eight in China. They're actually starting now to focus down on lower tier cities. So the smaller cities outside of the main regions, whereas a little more rural? There's a little more opportunity for growth, so looking at ways to for instance, develop ecommerce or better better supply their products to consumers, their meanwhile, the domestic producers are realizing that actually if they have some kind of brand association with foreign cows or production from outside of China that gives them a leg up and makes them a little more competitive. Yeah. So we saw one Chinese producer, for instance, brand itself as American dairy, right? What will it take to change the situation at what point do Chinese consumers come to believe in domestic producers again? The problem is for some memories are still still fairly fairly recent that they're just not to the point where they're willing to accept it. But over time that might change, right. Bloomberg cross asset markets reporter, Eric lamb. Thank you so much for.
"two billion dollars" Discussed on WIBC 93.1FM
"So let's ask him. Kevin. How are you? Great, george. Thanks. Yeah. In two thousand and two silver was four dollars an ounce near its cost of production. We predicted civil would rise to thirty dollars an ounce within ten years. People thought we were absolutely nuts. Nine years later, silver, hit forty eight dollars an ounce. We weren't so nuts anymore. No, not at all. So what made you so sure that the price was going to make such a big move. Well, let the time silver was trading near its production cost and industrial demand was absolutely skyrocketing. And why do you think one hundred dollar silver is possible now solar? In fact, China alone is expected to need an amount of silver equal to half of the global annual mining production. That's just China. The whole world is moving to China. Just recently California's now requiring all new homes to have solar panels. There's just not enough silver supply that kind of demand. So we're going to see a shortage. Kevin all I can say is that some smart people like J P Morgan has accumulated, the largest private stockpile of physical silver in the world more than one hundred and thirty million ounces that's over two billion dollars worth of silver. I'm sure they're not doing it. Because they expect the price to go down. No, I guess not but could silver reach higher than one hundred dollars an ounce. Well, if you just it for inflation, George silver would have to be about one hundred and thirty dollars an ounce to reach its all time. Time high. So we think one hundred dollars is well within reach one could that happen over the next seven to ten years. But we believe most of the games will happen over the next three to five years just hard to ignore the potential and silver right now. Kevin our listeners are passionate the of anything that you can set out to.
"two billion dollars" Discussed on WIBC 93.1FM
"Point two billion dollars a year sticking it to the tax payers and business owners of Indiana. This is for the roads right for the you mean for hip two point. Oh. Yeah. They say it's for the roads. Yeah. Right. Sure. I don't care what it's for. If you're for one point two billion dollars in annual tax increases. I don't know how you could possibly say. You're all about commerce. Let's the alternative though. What is I understand? Nobody likes taxes. But you got the money's gonna come from somewhere that right? Where what are you cut? What are you stop spending it on? I can tell you right now that between episodes say DNR and a host of other government agencies. You could find half a billion dollars without without batting an eye. Again, we we're operating on the premise that. There is no further cuts could be made to stay government. We're operating from the standpoint that there's no waste in government. And if you find one dollar of waste if you can find one dollar of waste, then you shouldn't be raising people's tag. You're saying you cut that I instead of race those newly and prove to me that you can use the money responsibly. I've told you guys this before I've worked within dot when I was in. Local government. They are like the, mafia. They are the last people in the world. I would give any money to unchecked. And you're gonna give them one point two billion a year. Let's give them. Let's give them cuts. First. Let's cut three hundred million for a year. Let's see what you do if you do. Well, then we'll consider giving you more, and it's bizarre because politics and government seems like the only place where people putting a budget together don't make.
"two billion dollars" Discussed on 760 KFMB Radio
"Huckabee two billion dollars at least one ticket is matched all the numbers for the record. One point six billion dollar jackpot bought somewhere in South Carolina, WCBS TV's, Alabama. And you actually win the jackpot gaming officials advice I sign the back of your ticket. It doesn't matter who paid for it. Whoever signed the ticket gets the pri-. What was hurricane willa is now a tropical storm, but it's raining hard and Mexico at attended for Texas, Hurricane Center specialist. Stacey Stewart what people cross northern Mexico and also in the central and southern Texas areas, it'd be aware that more heavy rain is going to be coming your way. So expect additional flooding. It hasn't been shut down. But a New Jersey rehab center isn't admitting any new patients after. Viral outbreak. That's killed six children and made a dozen other sick CBS, Hillary lane is in hassle New Jersey center for nursing and rehabilitation. No new patients were allowed to check in New Jersey. Health officials say over the last month at least eighteen pediatric patients have contracted the adenoviruses and six of them have died. Those six wherein part of the facility that provides long term care for medically. Fragile children from newborns up to age twenty two the US has revoked the visas have several Saudi officials who were implicated in journalist Jamal kashogi death. There's no word on any further. Sanctions. President Trump says the killings should never have happened. The process was no good. The execution was no good. And the cover up if you wanna call it that or certainly no good. Turkish officials say kashogi was killed October. Second by fifteen man Saudi hit squad that included a member of prince Bahamas entourage caravan of Central American migrants is. Expected to start moving forward again today after a day of rest and southern Mexico. If they make it to the US border secretary of state, Mike Pompeo says that's where they'll stop the caravan will not cross our southern border illegally under any circumstance the World Series tends to produce unlikely heroes last night's game. One was no exception CBS's. Steve Futterman was Fenway park in Boston that big blow in this.
"two billion dollars" Discussed on News 96.5 WDBO
"Tried to make him stop his actions. He allegedly pulled on her sweater try to ask her to go out finally flight attendants intervene. They moved into a new seed. He still didn't stop the harassment when he tried to approach her again he got into a confrontation with the cabin crew. He said that she was flirting with him. They think he was under influence of drugs. But a he apparently has a criminal record and a history of violence. I'm not kidding you. I wrote one real quick story sit on a plane one time, and I was in a window seat. I hate window seats. I like to sit in the aisle 'cause I like to control the day, I'll access and somebody I felt something cold and clammy, touch, my elbow, and I turned around. I swear handsome guy. It was some little skinny hipster dude who had his grody dirty naked feet on my arm rest and his toke touched my elbow. I wasn't. I wasn't even going to demonstrate courtesy. It turned around. I said if you don't move your feet. I'm gonna punch them off. He looked at me like I was insane. And I said, I mean it any finally moved his feet and he didn't touch him again. And I had to use another brand new wet one white because they wipe everything down for a sit down to wipe that part of my arm. Rest down case, my elbow touched it again and a white my elbow off. I will punch your feet, right? The hell off your ankles. If you touch me with them, especially on a plane Michael avenue backs off his Texas resistance rally. Trump is having a rally at six thirty today in Texas and Michael avenue is going to hold a counter resistance rally. But because he's having some tax problems. Like, apparently, he owes like millions. I we'll talk about that coming up. They're not gonna. Yeah. That's because he probably was only going to attract tens of people. That's why nobody nobody wants to go out to this guy. Alexandria Kashia court has the male. Julia and walking Castro says that defeating Nazis is like a blueprint for defeating global warming, not even making this up. This is an actual legitimate thing that she had said she says, quote, so we talk about existential threats and the last time we. We had a really major absence dental throw is around World War Two. And so we've like Ben here before and we have a blueprint of doing this before she legit compared to tonight's. I'm not even kidding. You night. Even kidding you. So nobody won the mega millions thing. Can you believe this? It's going to be two billion dollars. This is cool Razi two billion. Now, that's not even all of it Powerball is at six hundred million. I'm not even I don't gamble, and I don't I don't play the lottery, I made my husband get a lottery tickets, and he complained about it the entire time. Instead, it was a tax on stupidity. And I said, well, I guess we got to pay it sometime. So now the Powerball jackpot is at six hundred twenty million the mega millions is. It's right now. Well, the last measurement was at one point six billion. They say it's going to be up to about two million or two billion. I'm sorry. Two billion with a B A B. This is crazy. Are you going to get your tickets? Are you going? Stay with us. We have a lot more coming up including the latest of the caravan. The midterms are just a couple of weeks away. And the left is pulling out all the stops to bring the progress of the last couple of years to a screeching halt, you might not realize it, but companies like your mobile phone provider are taking your hard earned money and spending it to push a progressive agenda..
"two billion dollars" Discussed on KQED Radio
"The mental health services act in two thousand and four generating two point two billion dollars a year now in helping a lot of people and now as mayor the difference between being proteomic mayor pro tem is more powerful being mayor is a lot more visceral close to the people and so now the job is how do i take many of the tools that i worked on or even help lead on in how do i actually take them in and get a result the problem with homeless there's many issues run homeless but one of them is that we have not had sort of the political will to hold ourselves accountable to evolve liam number in other words i in sacramento i call it the cutting the ribbon syndrome where we cut a lot of ribbons we celebrate new projects fifteen beds twenty beds and the nonprofits of course you do that work our heroes but for leaders in government leaders we need to hold ourselves accountable to helping to get thousands off the streets because that's what the people expect and we can do it homelessness need not be hopelessness what i see we know what works and that's what motivated our state legislation this year it's a certain about reach you don't give up on anybody treatment resistance may be half true but it only half true because we don't spend enough time working with someone to get them off the streets it's case management is mental health.
"two billion dollars" Discussed on Sports Talk 1050 WTKA
"Conference finals but i was not pretty and i didn't think i was gonna talk about that anymore yeah the carolina panthers with two point two billion dollars think about what you would pay for for a franchise what would you pay for the sake of a franchise you don't want cleveland cavaliers after the brand leads while i was actually going to say that charters but i mean that works to chargers la what would you pay for them then what would you offer if you had all the money that you that that she could not sneeze at go ahead well judging how much the panthers are being bought out four i'd probably say some around one billion to one and a half billion okay that makes that makes sense i guess that makes sense yeah i mean the current state of the panthers that's kind of a risky by in my opinion not knocking on the panthers or anything like that but they got risky by this team was made the play folk i'm going okay but like you got a lot of ego issues on that team you know with their with their quarterback you know just cam newton eight what are you okay look he's at eagles using the past is not you remember that issue that he had with the reporter and he said he told that wasn't an ego it was a sexist issue when she was breaking it down for he goes that so cute the way you said it he didn't say daily mail reported but yeah i get what you're saying so but i'm trying to figure out so i'm just going to say it you're not a cam newton van i mean i like his style but his attitude can get away in the way a little bit of time.
"two billion dollars" Discussed on Remso Republic
"Even around the awkward little glowing globe thing i'll go ahead and post a picture about on the show notes but we saw president has overall just completely decapitated isis were strengthening our military power but overall what no one really understands that diplomatically trump has been able to bring down tensions in syria with putin i know russian collusion but you know he he almo he basically avoided world war three overnight and no one gave him credit for that he's gone in front of socialist communist maoist marxist progressives and essentially said that it's a failed ideology and that we need to go ahead and pursue free markets and idea of liberty not the exact words but that's basically in a nutshell when it comes to putting america first he's done that and you know i'm i'm pleasantly surprised so for foreign policy and diplomacy i'll go ahead and give this overton window shot upwards momentum yeah i'm gonna have to be likewise definitely upwards i mean one of the things that that comes to mind with north korea that in two thousand three of the we had a kind of an offer on the books to saddam hussein that we would quietly ship him to egypt for two billion dollars and there are some folks state department that balk there certainly the iraqis balked at as well but they were listening and eventually it didn't turn out that way literally trillions of dollars later we have sung so much money into the iraq war we've received very little for it of the change of regimes and now we have a a mass not just in iraq and syria as well wouldn't it be interesting if the trump administration just turn to the kim jongil you know what we just want to buy your nuke we'll we'll give you a billion dollars if for for your nuclear weapons it's it's funny you say that and i'm not joking i've actually told people whether we just offer a by north korea.
"two billion dollars" Discussed on BizTalk Radio
"So we just want to look you under no one certain terms it's a scam that's all it's a scam and i'm watching each one of these senators walk up to the podium and talk and i'm looking at one right now they arrest king up because today two billion dollars of debt will be added to us oh brought to you by the scammers in washington who refuse to run a country the way vis the post the rubber contrary and of course they have these polls out washington post poll who to blame of government shuts down twenty eight percent the democrats forty eight percent the republicans really their polling idiots idiots people not in the know it's people that just watch these idiots on tv who have this all i love you i love you because you epic d next your name what you have an our next the name 'cause i love you but no matter what happens that i have news via the could the government's gets shut tonight eloping back up in a couple of days if they come to a stupid deal every day two billion dollars is being added to our debt and not one of these miscreants cares what does anything about it and winter all does blow up because debt always blows up they'll just blame each other as always because they are not our representatives the of their own they represent the lobbyists who are given them massive donations and they hate us we are not pick we might as well have strings attached to our shoulders we are puppets actually we're notch below were being part and that is why i can't stay in any of us and that is why i call on now i am not one hundred percent for any body a month zero percent for anybody except thumped zero percent for bernie sanders because he should be living in venezuela running that country with his policies.
"two billion dollars" Discussed on The Narrative
"How do you guys decide yes i want that team or no i don't uh what what goes into acquiring any franchise you've probably noticed you know the the rockets just went for over two billion dollars the clippers went for over two billion dollars img not a sports franchise but a sports conglomerate went for over two million dollars than ufc was just so for four billion dollars and so the the value of sports contin continues to increase at a pretty incredible ray which would certainly gives us comfort in our our properties now that they'll continue to grow in value which is wonderful but also puts uh quite a bit of pressure on us if we were to be working towards declaring another one we look at things like market is the market attractive we look at the current operation is it being optimize that would be ideal for us you know if you had just come off a world series and you so that all your tickets he got this incredible media deal and you sponsor off the charts in all your sweets are sold in your food and beverage deals incredible and the stadium arena is run a worldclass level that's probably now for us you know we're we're fixers we'd like value and we'd like opportunities for growth each bse also works within you with the chargers with the rams with the oakland raiders we've seen that venue is incredibly important in getting teams to stay where they are i know that you guys a owned the prudential center which is where the the devil's play how does owning your stadium that your team plays in how it is that help how does it give you more freedom to maneuver your team the gives us more freedom and more joy over you have the opportunity to control the experience i mean think about what at that what is at the heart of every decision we make is the fan and so to be able to control the entertainment experience outside the arena and then how your ushers in ticket takers greet your bureau fans when they come in and what the food and beverage experienced looks like him and what your premium experience looks like and it i i think having control of everything in the environment gives you a sense of of of freedom joy an opportunity.
"two billion dollars" Discussed on Bloomberg Radio New York
"Billiondollar i had two billion dollars so eighteen billion than a short or where to get the money so i convince the bank below the the vodafone japan i'm going to iran and with become successful in become greg believe me let me money and they did it and it turned out to be very successful recently you did the biggest investment you've ever seen a company called a r m yet we harm which is a semiconductor manufacturer london why did you saw thirty one billion dollars buying a semiconductormanufacturer manufacturer when many people think that that's not the future it's a access study forbidden work yeah it's not the manufacturer to design design house they design all the chip said they have ninety nine percent market share for any smartphone that you're having a pocket is has ninety nine percent market share right in next twenty years it's going to be dig on a ship a one trillion designed for one trillion tips so i said this is this is the company this nobody can live in the on the us anymore without tip chip izetbegovic here while in the car email live everywhere so if if tip is something that everybody needs and if there is one company has ninety percent market share the mongia value they are not monitored but what if i own we can monetize much better so that's my belief so i think it's the company's gonna be more valuable than google government van avoids private company now that was softbank founder and ceo masayoshi son speaking with david rubinstein mr bloomberg's 'peertopeer conversations on bloomberg television and cofounder of the carlyle group just ahead on bloomberg best they'll discuss living with artificial intelligence this is bloomberg mm you make sure his toys don't have any.
"two billion dollars" Discussed on BizTalk Radio
"Right and it was like yeah like now i'd like you have a lot of it's like you know fashions a billion dollar industry travel a billiondollar industry have like look at the intersection of two billion dollar industries has they were like both like i was like maybe can march something here but there are prospectus or like i was like this is going to be anachronistic cause suited for and that's the other thing too when you start taking on investment you have to be like okay are the goals of everybody aligned absolutely as it's like okay where you're gonna sarath you have a train on the conduct a one selling it's a move forward onesize went backwards it's it's not gonna get anywhere money is nice if it's building the vision winds other i can be a pain right right right so you know like and he was like drunk but it was like great for all the was dealt and i was like okay enzymes that's when the best pros well no outright it's like i i was just like you know he has a valid point how big the want this thing to be and i did some research that i at the talks so i slowed down so a trickle and has getting like requests for interviews in a bunch of stuff and i think people thought i'd just starting to come on devolve or just went crazy as normally i'm usually likes sean under were backwards and i'd like no hindsight for us let me let me hold off on do anything else and i sat me spent some research and they went around and i called hotel and i called restaurants and i called designer as and i had cautious conversations with people and i'm kind of like what is your pain points because i think some of the best businesses com when you're solving a problem solved what what problems are these people are really having and then i was finding that in that no one next space right everybody wants the big person so when you're a big success right so it's like everybody wants to that and right on the roads as succcess and its along and wind they and a lot of people usually end up getting off the train somewhere before they make it to the other side right who was there to help you navigate sets and then i look and i.
"two billion dollars" Discussed on Forbes Sports Money
"That part of the business has built the lot of value and then there's a lot of enabling companies we're big investors at revolution in draft kings with big investors and sport radar i just made a personal investment with my son in win view i i just believed that sports entertainment enabling companies will be great investments and then being able owned the building the networks the team's the technology of some of the technology rounded that both of those some business plays will be very very valuable a guy who likes the value teams at at forbes alatas been driving me nuts because i look at some of the recent deal so for example steve palmer pay two billion dollars for the clippers seems to a firm you know everything in a nutshell that you just talked about i mean it's a technology company he's by his pain ten times revenue or something like that peter guber several years ago tremendous success obviously with the warriors paid at that time what was the highest price for a team high multiple those seemed to be like entertainment intact guys then there seems to be another crowd that's come in and i went up them more wall street guys they seem to be going more the low end so like for the atlanta hawks for example not long after the clippers about seven hundred thirty five million or something like that they were bought for the milwaukee bucks another wall street guy came in bought for a low is uh is this a function the prices a function of.