2 Burst results for "Young Hong International"
"young hong international" Discussed on Bloomberg Radio New York
"The difference Bloomberg markets extensive essential and endlessly entertaining I'm not a pet person I'm a financial analyst By the way someone writes in and says I didn't realize Paul hated American values Week three mornings at ten eastern on Bloomberg radio the Bloomberg business app and Bloomberg radio dot com The White House says President Biden is healthy and fit to execute his duties following his annual physical doctor Kevin O'Connor determined Biden to be an overall good health the day before his 79th birthday Biden visited Walter Reed medical center on Friday for a colonoscopy and routine check up Democrats are celebrating house passage of a $1.7 trillion social spending bill House speaker Nancy Pelosi called the bill monumental the leader of the Republican National Committee however is calling it wasteful spending by Democrats The spending package will expand the social safety net while combating climate change Kyle rittenhouse is speaking publicly after being acquitted of all charges in his murder trial The 18 year old was found not guilty on all counts Friday for fatally shooting two men and injuring a third during protests in Wisconsin last year after the verdict written house spoke to Fox News host Tucker Carlson about the jury's decision and said quote I believe they came to the correct verdict That's the latest I'm Julie Ryan And I'm Susanna Palmer in the Bloomberg news room Two of Europe's banking giants picked the leaders who will help them navigate their next era UBS group today nominated former Morgan Stanley president colm Kelleher to succeed axel Weber as chairman next year A day earlier Deutsche Bank proposed a Dutch insurance veteran Alexander Wyatt's four chairman replacing Paul ack leitner Patrick Orlando who status as an operator of blank check firms skyrocketed last month when he reached a deal to bankroll former president Donald Trump's media company is scrapping one of his earlier ventures for hunting such transactions Orlando's special purpose acquisition company young Hong international plans to dissolve and liquidate It will redeem public shares at 10.31 cents apiece that according to a regulatory filing on Friday Yon Hong based in Wuhan China basically said it couldn't drum up enough business ahead of a deadline in the company's by laws Milk output in the U.S. is on an historic week streak potentially signaling climbing costs for dairy products More from Bloomberg's Charlie pellet Production per cow was less than a year ago for the third month in a row according to government data the last time that happened was more than 20 years ago according to Nate Don a director of dairy market inside its StoneX Group He says farmers are probably feeding their animals less the cost of grains like corn is soaring because of drought storms and robust demand labor and energy costs are also more expensive It's all hurting farmers bottom lines making it more difficult to afford feed Charlie pellet Bloomberg radio Amid the inflation surge that's rippling through the U.S. economy one of the more obscure products seeing a surge as the price of firewood Talked to firewood vendors in state after state and they'll all tell you the same thing sales are booming on the eve of winter and prices are soaring Global.
"young hong international" Discussed on The Drill Down
"Our meeting down the hall from me here. The very smart people go company cherry coup. Yeah luck to cory johnson. Welcome to the drill explained to business stories behind stocks to move joining me. Chevonne field back with us again today. Didn't scare off yesterday. Vons a business journalist who writes for forbes as professor of entrepreneurship at pepperdine university in malibu the former colleague of mine she joins us from. La she she Used to crack the whip on me. You really did actually mercilus. Hey corey i gotta keep you guys in line barely. Forgive me from the time. I wanted to go and take to cool coffee shop live. It's this is gonna come up on the podcasts. For sure i mean mosconi center. Corey gave me a heart attack. He's heading heading in the wrong direction. Live shorter hour and a half between ed's but anyway so glad into the traffic of san francisco but yes you know what i gotta tell you corey. He he made the hit. He got his coffee got back and it was well. That's how i roll gave producer if you had a taxi term but what are the three most important stories in the world of business today. Okay well first stop is former president. Donald j trump. He's getting back into the social media. Game trump was of course banned from twitter in january of this year but he is now making moves to create his own social media and he is calling it truth. tr u. t. h. social ironic. I will let you decide on that. The app was created back merger of trump media technology group and it is expected to roll out to use his early next year thoughts so they took thing public. That's not even a company yet. I did a minor search on this thing to checking into the financials and stuff of the exist but the ceo of the thing. Patrick orlando interestingly as also ceo of a company called young hong international based in guess china. Wuhan china no way okay. We'll out so we'll we'll see what we get out of this one company to go with the stock. What else yes indeed. Okay the number two important business news story of the day corey do you remember. That colonial pipeline hack. That happened earlier this year. Yes i bet you do. Yeah well a report from the wall street journal today says that finn seven group behind. The hawk is now recruiting new employees. It set up a fake company name and website and his talking to candidates about joining them to do security work or cybersecurity. What cyber security work. Yeah well the law cybersecurity work they did in may shut down a pipeline that provides fuel too much of the us so if you are on the job hunt now and we know. Many americans are watch out for postings from bastions secure otherwise known as a ransomware gang. Yeah this is a this is quite the story that they're actually getting real. And i i read. The piece of the journal was really nicely done Apparently one of the workers said i figured out it was fake the quarto but he said that he figured it out that it was fake when the the his boss wouldn't communicate with him anyway but through telegram or secret messaging that they would do conference call. They would meet with them in person and they wouldn't they would only communicate through telegrams. Ethos sketchy right then. Yeah that that's always a bit of a red flag if someone's straight to the telegram you that don't want any record of what they're saying. Have you been hacked. I have and it was able as i. I did not know about it. A friend reached out to me on text. Message and said you hacked. That's all it was on a you hacked. I look at my twitter which is connected to my facebook and let's just say the content that was put on twitter by the hacker under my twitter account is not something i would have put out into the public domain. It was it was pretty bad. Abe was a picture of Some really off color content. Yes it was awful absolutely awful. But i'm so grateful for my friend who texted me right away. Who knows me well. And i would never put something like that up there and i was able to. He sort on my facebook account so i was able to take it off facebook. Then go in reset my password for twitter people. In the crypto world who were hacked executives encrypted were act An who knows by whom it may have actually been a nation state Hacker trying to get out the crypto and going after using the sort of hijacking their phones in the two factor authentication trying to go in and indeed in some cases succeeding and getting their crypto out of their wallets. So it's a scary stuff. Yes absolutely disturbing when it happens. Yes it is. I mean you feel very violated right onto the third most important business story of the day. We have all heard that the climate is changing. The earth is getting hotter well. Oil took a dive today after news. From noah that the coming winter will be hotter than normal brent. Crude oil was at a three year high. Eighty six dollars before dipping on this news. So corey the business story here is what impact do you think a warmer winter. We'll have on other business sectors well to be clear. I don't think that this has much to do with climate change. Climate change of course is a real thing but climate change climate change. You know has increased greatly since really the nineteen eighties. But it means which is to say. It's increasing by about a third of a degree fahrenheit every year instead of the former rate of increase. Which was you know less than half that still. It's not you know it's it's it's not the we might have a warm winter but yeah the oil and gas greatly affected by consumption during cold months and the quantity consumed will make a huge difference in oil and gas prices in the short term. Here cory what stocks you drilling down on today. Well so glad you asked chevron will have why don't we start with An old an an oldie but a well of baddie. Ibm beautiful ibm was down. Ten percent. however for the first twelve months shares are up twelve percent. So what is the story with ibm common stock. Yes so they report. Another quarter was another lousy quarter as businesses could smaller and smaller and smaller and so on a year over year basis. There was a slight improvement for some parts of their business. But even after buying red hat a few years back businesses just shrinking And they've spent billions and billions and acquisitions and still the businesses smaller than it was over any notable period of time. They said their cloud business Was up two and a half percent to five point. Seven billion dollars global business services business. Four point four billion. That's up twelve percent but their Their systems revenue which includes hardware and operating systems was down twelve percent. Really big decline there now. They're spinning off that business With with a calling and gonna call kindle.