35 Burst results for "twenty three billion dollar"

Finally, Albertsons Goes Public -- After Besting Krogers Performance

Business Wars Daily

04:02 min | Last month

Finally, Albertsons Goes Public -- After Besting Krogers Performance

"Well after years of trying albertson's than Asian largest grocery store chain has finally gone public. The company I planned to launch an IPO back in twenty fifteen, but ultimately postponed the offering because of retail market volatility, but even global pandemic couldn't stop. The companies go to market plans this time, not with so much money on the line. ALBERTSON'S IPO was expected to be a billion dollar plus event, but despite the strength of the grocery sector and the company's own strategic moves, investors weren't suite on Albertson's. The company's target price was roughly twenty dollars per share, but ended up selling for a discounted price of Sixteen A. A share by the time the stock debuted on the new. York Stock Exchange the next day. The price it dropped another three percent. The downsize deal was surprising. Albertson sales in March and most of April were up nearly thirty five percent over last year CNBC reports the company Jones Safeway Jewel OSCO stores among other grocery brands had been making innovative moves before covid nineteen albertson's has been centralizing its buying power investing in its private label brands. It's also remodeled stores to devote more space to growing fresh departments. The Wall Street Journal reports Albertson's also adopted smaller warehouses near existing stores to fulfil online orders faster. Same store sales were outpacing kroger the country's biggest supermarket player according to win site. Grocery business. Following the IPO Albertson CEO Vivek Shankman remained optimistic about the company's prospects. He pointed to market. Volatility is one reason for the disappointing debut. Stocks had fallen the day before the IPO is cove, nineteen surged. He told The Wall Street Journal and IPO is just the starting line. It's not the finish line. Things aren't much better over the number. One grocery brand kroger also enjoyed a pandemic. Pandemic revenue bump last quarter revenue, excluding fuel grew nearly twenty percent from the previous year that growth exceeded analysts expectations, but shortly after its last earnings call in mid June, share prices dropped six percent grocers were an economic bright spot. During the early months after covid nineteen swept across the nation. Many people stocked up on staples and hunker down at home, but investors aren't convinced that the. The. Sales bump from cozy home, cooked meals and stockpiles of toilet, paper and cleaning supplies are going to last much longer. Store margins are razor thin between one and two percent according to mercator. Advisory Group Research and expenses for additional cleaning, staff and safety precautions have spiked, but both grocers are gearing up in areas that promise growth. The economic downturn is made consumers more price conscious that. That bodes well for private label brands which are more profitable than national brands. According to mercator, research both grocery giants are strong players here, but kroger has the edge. It's private label. Division had its best year ever in two thousand, nineteen, topping twenty three billion dollars in sales, according to Progressive Grocer, magazine albertson's private labels tallied roughly half that amount in sales according to its IPO filings. Albertsons is ahead of the game in another important area online sales online grocery sales are poised to jump about forty percent this year core site research estimates. Albertson's has already outfitted to small fulfillment facilities to speed online and delivery orders. It plans to expand the concept Kroger has to. It's centralized distribution strategy according to supermarket news, but the retail giants face increasing pressure from mass club and dollar retail competitors together sectors outpace private label performance from Grocers for reports and their formidable online rivals to as consumers increasingly venture out into the world. Grocers are looking for a way forward key questions remain around how shopping change and whether grocers can find ways to keep ringing up pandemic lovers savings.

Albertson Kroger Vivek Shankman Mercator Albertsons The Wall Street Journal York Cnbc Jones Safeway Jewel Osco Advisory Group Research CEO Progressive Grocer
ExxonMobil cuts 2020 capex budget by 30% as it works to combat low oil price, weaker demand

Rush Limbaugh

00:28 sec | 4 months ago

ExxonMobil cuts 2020 capex budget by 30% as it works to combat low oil price, weaker demand

"Story Exxon Mobil making a massive spending cuts due to market fluctuations the oil and gas giant said it would reduce capital spending to twenty three billion dollars instead of the originally planned thirty three billion company still planning to meet its twenty billion dollar investment though on the U. S. Gulf coast as part of its growing the Gulf initiative and Exxon Mobil is also working on creating reusable face masks and shields to help protect people from corona virus snickering commits newsradio seven forty

Exxon Mobil U. S. Gulf Gulf
Court approves PG&E's $23B bankruptcy financing package

KCBS Radio Afternoon News

00:24 sec | 5 months ago

Court approves PG&E's $23B bankruptcy financing package

"The P. Jeannie who's received court approval to raise twenty three billion dollars to help pay its wildfire bills the action comes after governor Newsom dropped his opposition to a financing package designed to help the utility get out of bankruptcy it came together during an unusual court hearing that was held by phone today loose P. G. P. Jeannie closer to emerging from one of the most complex bankruptcy cases in

Governor Newsom P. G. P. Jeannie
Is lack of oversight at farms accelerating the spread of antibiotic-resistant bacteria?

60 Minutes

07:24 min | 7 months ago

Is lack of oversight at farms accelerating the spread of antibiotic-resistant bacteria?

"Most of us know by now we shouldn't over use antibiotics so we don't end up with bacterial infections that the drugs can't treat but it's interesting to note that more than twelve million pounds of medically important antibiotics sold in this country are not for use in humans there for livestock and the antibiotics are driving the spread of drug resistant bacteria in the animals that can get passed on to us through food if we don't cook and handle it properly yet it's almost impossible to get on the farms to conduct inspections and stop infection outbreak from spreading even for public health officials my job is to look for outbreaks when I see them I describe them and I'm supposed to stop them very simple in two thousand fifteen Washington state epidemiologist Scott Lindquist investigated an outbreak of antibiotic resistance salmonella tied to roaster picks our estimate is anywhere between three to four thousand people probably ill with this entire outbreak but we had a hundred and seventy five folks that have positive cultures and meaning that they was severely ill yeah severely ill with dozens hospitalized because the salmonella was resistant to antibiotics when quiz traced the cause of the outbreak to a slaughter house call compounds in me we come in and we find the bacteria essentially everywhere drains utensils the truck that transports some from the farms was it the slaughter houses falls I have no idea and I don't say that lightly I've only gone back as far as the slaughter house so I want to go back to the farms and I want to sample the pics at the farm to say do they have this bug this exact DNA fingerprints before they came to the slaughter house the farm she wanted to visit or in Montana where the slaughter house told him the pics came from but to his surprise Lindquist who was conducting the investigation was flatly turned down did you express your anger there were a couple heated phone calls I was pretty well known for exerting my strong opinion about getting out to the farms but in the end I was floored for more did he says by the national pork producers council the lead lobbying group for the twenty three billion dollar pork industry they sent Lindquist a letter denying him access to the farms saying I know that you do not want any inadvertent negative consequences to farms as a result of this proposed on farms sampling it was signed by chief veterinarian lease wag strip the farmers that had been asked to provide samples declined to have samples taken on their farms and we support that decision why wouldn't the farmers want to find out where this started where the salmonella issue I break started why wouldn't you want to find out where it started by the time they wanted to go to the farm it was five months after the first case this point in the outbreak if it were found in the farms there was no way to tell if it started at the farm or if it started to plant in the truck and brought it back to the farm but Scott Lindquist said it wasn't too late for his investigation to get information that might slow the outbreak which was continuing I think they didn't want me to make the farms look bad and actually even offered to code the farms call them far may be seein diesel it wouldn't be something that would in my records with Reid even name the farm but it would give me the information to their eggs have this bacteria and I got absolutely none of that he had gone out of his way to assure you and the farmers that he wouldn't even name them what the farmers were concerned about was the discussion that in his plan they wanted to go to the other plans that the those farmers send pics to exactly and those farms could be easily identified just by their state of origin when we actually is waxed and to help us visit a hog farm she raised a surprising concern yeah I secure security if I were to go to a pig farm is a veterinarian I'll take a shower of shower him and use shampoo so I don't carry any diseases in the barn what if we agreed to sanitize ourselves to the ultimate degree go through all the guidelines you just described could we get would you take us on to a farm you know I I am not a farmer I would have to talk to farmers our communications fruitful would have to determine you know if they can find somebody willing and will will go off with any guidelines any shampooing anything you want us to do I can see if they can make that happen and I'd say that's the best I can do it didn't happen we never got permission to go on a farm but the council didn't give us this footage it wasn't just honest even federal inspectors have trouble getting on farms they are not allowed on the farm to look for bacteria that make people sick with out the farmers permission we have the black box of what's happening on the farm right to we we don't have a way of tracing tainted products all the way back to the farm we just don't we don't track that we don't keep the records doctor lance price is a microbiologist at George Washington University and a leading expert in drug resistant bacteria and so that's like a big pile of someone else so pretty much here in his lab price and his team test grocery store meat for antibiotic resistant bacteria as part of an ongoing study so with these these bacteria we consume them with the need those bacteria than get into our system and a cause infections then the infections because they're already resistant to antibiotics the doctors don't have any antibiotics to treat those infections but can you cook these pathogens out of pork you can the problem is that when you bring that package into your house you're bringing a package of raw package of meat when you open that up you've now just potentially released bacteria pathogens potentially drug resistant pathogen in your kitchen I mean you don't hear that much about people getting salmonella or whatever yeah I mean so the heel each year there outbreaks of of drug resistant infections the poor council says the United States pork production system yields the safest highest quality pork available in U. S. pork producers and here to rigorous government regulations farmers started using antibiotics decades ago not only to fight disease but to make animals grow faster with less food their use increased as farms got larger today most

'Curbside Pickup' Gains Steam In Grocery Shopping

NPR's Business Story of the Day

02:57 min | 8 months ago

'Curbside Pickup' Gains Steam In Grocery Shopping

"There is a war going going on in the grocery store. The grocery industry is huge sales in the US in two thousand seventeen or six hundred seventy four billion dollars but the margins margins are razor thin so retailers have to do whatever they can to get your business and one of the ways. They're trying to do that is by offering something called curbside side pick-up. That's when you order your groceries either online or by the phone and then you go to the store to pick them up and more and more stores are offering this service there there are about twenty three billion dollars of orders for groceries pleased online each year that is according to research and right now that twenty three billion is evenly thinly split between curbside pickup and delivery they are neck and neck but grocery stores would so much rather that their customers use curbside pickup for so many any reasons in big cities. Stores are desperately trying to stay ahead by offering you delivery but there's another battle front. The smaller cities the suburbs places with a lot of sprawl and parking lots and rural areas. That is where curbside pickup is increasingly. The weapon of choice. So that's where we are headed to the battlefront to the grocery store parking lot. Where in Arlington Virginia at a Harris Teeter is? This is where Jenny Ross tiled is about to pick up her groceries. She works fulltime as is a public librarian. She also was three kids. Two of whom are under the age of five. It's been a long day. They're hungry but we need to get the food so he can eat it. There's no there's already an employee out here. He has a clipboard and he asks Jenny for her name in her family. Uses curbside pickup about once a month. The first time I ever used this was because the kids were sick and he don't WanNa bring kids into a grocery store so the guy appears then he put the groceries and Jenny's trunk and that's it she just has to sign her receipt and leave. Jenny loves curbside pickup. It's just super convenient but retailers. LERS also love it for so many reasons. One of the most important is because delivering groceries is expensive even if it seems like it's not think about all. The costs costs that go into delivery. There's the cost of hiring a human being to walk down the aisles. Push a cart pick out the groceries that you order it online then take them outside outside and load them into a truck and then the driving there's gas and tolls and insurance add it all up and it's expensive so nope delivery doesn't always make economic sense in a lot of places but curbside pickup can have its problems to the economics for retailers. Haven't been totally elite figured out yet. A lot of stores charged just four or five dollars for pickup. But just like with delivery. They still have to pay a human employees to walk up and down the aisle and Philip Cart art so curbside. Pickup is cheaper than delivery but it is still an added cost

Jenny Ross United States Philip Cart Art Harris Teeter Arlington Virginia Six Hundred Seventy Four Billi Twenty Three Billion Dollars Five Dollars
Freedom Caucus formally opposes Trump's budget deal

Red Eye Radio

01:26 min | 1 year ago

Freedom Caucus formally opposes Trump's budget deal

"Leaders the house freedom caucus took an official position Tuesday this from the hill dot com not to back president from spending deal and agreement to lift the debt ceiling citing concerns with its impact on the national debt call our country is undeniably headed down a path of fiscal insolvency and rapidly approaching twenty three trillion in debt this is completely unsustainable and we taxpayers in future generations better we should be working together on a bipartisan basis to cut spending and balance our budget or at the bare minimum holding to the existing spending caps that we agreed on to prevent a significant problem from becoming even worse the group said all sides should go back to the drawing board and work around the clock canceling recess if necessary on a responsible budget agreement that serves American taxpayers better not a three hundred and twenty three billion dollar spending frenzy with no serious offsets the conservative group's decision to oppose the measure comes one day after the president tweeted his support for the deal the president double down on his support on Tuesday evening encouraging members to back the legislation now that's up from the hill dot

President Trump Official Twenty Three Billion Dollar One Day
"twenty three billion dollar" Discussed on KSFO-AM

KSFO-AM

04:55 min | 1 year ago

"twenty three billion dollar" Discussed on KSFO-AM

"On on the the the the the the budget yesterday the budget deal between the White House and congressional leaders the house freedom caucus took an official position Tuesday this from the hill dot com not to back president from spending deal and agreement to lift the debt ceiling citing concerns with its impact on the national debt quote our country is undeniably headed down a path of fiscal insolvency and rapidly approaching twenty three trillion in debt this is completely unsustainable and we taxpayers in future generations better we should be working together on a bipartisan basis to cut spending and balance our budget or at the bare minimum holding to the existing spending caps that we agreed on to prevent a significant problem from becoming even worse the group said all sides should go back to the drawing board and work around the clock canceling recess if necessary on a responsible budget agreement that serves American taxpayers better not a three hundred and twenty three billion dollar spending frenzy with no serious offsets the conservative group's decision to oppose the measure comes one day after the president tweeted his support for the deal the president double down on his support on Tuesday evening encouraging members to back the legislation now that's up from the hill dot com this just a couple of senses are from the from National Review and the editors the bipartisan blow out in an era of heightened partisan anger Republican and democratic leaders in Washington still managed to come together in the spirit of bipartisanship this week to do the thing that they do best spend the money party leaders in Congress in the trump administration reached a tentative budget agreement on Monday to increase federal spending by three hundred and twenty billion over two years at a time when the federal government is already running a one trillion dollar annual deficit in the midst of a booming economy the deal would also suspend the debt ceiling until July of twenty twenty one six months after the next presidential inauguration in other words it would solve the immediate political problems facing Republicans and Democrats in Washington while making America's long term fiscal problems even worst the budget deal looks like the swamp edits swampy yes the Republican president is nevertheless selling it as a victory it is true that the federal budget cannot be balanced on the back of our military is also true that we cannot rain in the debt and deficit merely by targeting domestic discretionary spending any serious plan to deal with the debt must deal with the two main drivers of debt entitlements entitlements Brian right tell the man the Manhattan institute a recently crunch the latest numbers from the Congressional Budget caucus notes spending on Medicare including interest in twenty nineteen will exceed Medicare premiums and payroll taxes by three hundred and sixty six billion and the deficit Medicare alone jumps to one point one three trillion in a decade and what does the Republican Party have to say about the looming crisis not much at all it was just a few short years ago the congressional Republicans almost unanimously in a genuine act of political courage voted in favor of Paul Ryan sensible plan to reform Medicare for Americans under fifty five in order to tackle the debt and avoid more painful changes to Medicare that would be necessary during a dress debt crisis Republican sell the house in twenty twelve but failed to unseat incumbent of the incumbent Democrat in the White House they continued to push for the entitlement reform and took over the Senate in twenty fourteen but in twenty sixteen trump won the nomination while promising not to touch Medicare and social security an entitlement reform was a dead letter when he took office with unified Republican control of Congress the president is now implausibly claiming that he will look for big spending cuts during the second term but his track record suggest you would do no such thing unless a crisis forced his hand and what is the other party had to offer Elizabeth.

twenty twenty one six months twenty three billion dollar one trillion dollar two years one day
A Merger of Equals

MarketFoolery

05:41 min | 1 year ago

A Merger of Equals

"A merger of two payment, tech companies global payments and total system services to companies that appear to have gone out of their way to stick with really boring news. This is an all stock deal. Tell me what you think of this one, because this is among other things. This strikes me as a deal that's probably going to catch the eye of federal regulators. Just because these are two companies that are around twenty two twenty three billion dollars. This is the proverbial merger of equals global payments making the offer and their company that's grown over time through acquisition. This is their biggest. Yeah. And then global payments was the company that I dug into a number of years ago when your member, we were doing those rising stars portfolios for full dot com and global payments was just a business that had caught my eye because of that payment space, and these are businesses that are really in the, you know, the, the merchants solutions merchant services payment processing side of the business. So boring names for really, what are pretty boring companies. But but they do serve a distinct purpose in. So I mean, if you if you are a shareholder of either one of these businesses over the last five years, then you've been very happy. Right. I mean, your, your shares of appreciating considerably over time and, and that's all hunky Dory. Now a lot has happened in five years, and the competitive landscape has changed a decent bit. And so I think that it makes sense at least from the perspective of consolidation, bringing to companies that do similar things together to become bigger in the face of, of, you know, a competitive landscape with companies like pay pounds square trying to, to change that, that payment cycles to speak that, that entire transaction. It's really difficult to get a grip on how many players in the roles that they play, but they all do have a little spot in there in, I think that this, this merger is, is partly to protect that. If you look at both companies top line, though, and N earnings numbers, you can see. They're, they're running into some kind of, of brick wall both of them in anything, that's probably where the concern should be for investors today. So the acquisition. Shen or the merger makes sense. I you know, when I look forward, I don't know that I put these two companies or this one combined into the up at the top of the list. But I tell you, we I, I was that a banking and finance conference a few weeks ago. I know super exciting and everybody's just on the edge of their seat waiting understand what I took away from it also everybody's jealous. But it was interesting to see, you know, we, we had a an attorney from the FDIC, they're speaking, and it was just notable. The technology was really the buzzword. I mean, that's where everybody is really focused on, how technology is changing the way payments are being processed in. And so for these two companies that have played a little bit of a, they've played they play a role and sort of what was, I think they're trying to turn their businesses into what will be. That's what this murderer ultimately hopefully accomplishes for them. But, you know, I mean acquisitions are not easy. They're not easy. And this is I mean when I say this is their biggest acquisition. This is by a factor of six or seven. This is their biggest acquisitions biggest acquisition. They've made so all of the integration that comes with that, not just the technological integration, but also the human resource integration. That's going to be. You know, for a company that came out very quickly this morning and said, Yep. We expect this deal to close later this year. This is absolutely going to be something to watch. Because to your point. I think if you own shares of either of these companies, you're, you've been happy for the past few years. And I don't think there's anything about this deal. That is a. That screams, pull the Ripcord and get out now. But I think you definitely want to pay attention to does the acquisition. In fact, closed later this year and what if any speed bumps to the hit along the way because to your point they need this to go as smoothly as possible, obviously as any company making an acquisition wanted to go smoothly, but they have real work to head of them, and it's different than the work that they've completed to this point. Yeah. I mean, it whenever you see acquisitions this large, and that really is something to keep an eye on, because I, I do think that regulators will let it go through. I mean I think that there's consolidation in this space is just something that has to happen. If you remember the beginning of the year we saw the first data and Pfizer of news that, that merger there, I think that this is just another sign of just the direction where things were going. But, but anytime you're in incorporating. A big company into another big company. I mean, there there will be the requisite cost-savings that, that ultimately come from an all, but eight is just a lot of work on the front end to make all of this stuff happened. And we're talking about two businesses that are already facing some challenges there in regard to organic growth. I mean, investors, that's when we talk about growth. I mean that's what we mean. Right. We're talking about a business disabled grow on its own versus a business that has to grow the acquisition, and acquisitions are fine until they're not. And when you start seeing signs that businesses are having a hard time making those acquisitions work, incorporating the cultures and the business models, they can really impact the returns on shareholders. And I think that's what that's what we have to keep an eye on here

Fdic Pfizer Shen Attorney Five Years Twenty Two Twenty Three Billio
Lyft Going Public: The Dual-Class Share Dilemma

The Indicator from Planet Money

07:16 min | 1 year ago

Lyft Going Public: The Dual-Class Share Dilemma

"Lift the company is busy filing all kinds of papers. And as part of that they announced that they are planning to issue to kinds of common stock class. An Cosby Matt LeVine is a columnist at Bloomberg opinion off of my worst cost really. Yeah. Well, it's like the normal one. And then class b is the weird one the stall key by on your e-trade account class-a stock? It's your plain vanilla stock class b stock. Well, no difference really on the face of it usually worth the same price part of the same company, but one key difference class as talk has one vote per share and Cosby's talk has twenty per share in the case of lift one share of class as stock get you one vote and one share of class b stock gets you twenty votes twenty votes, and that is today's indicator twenty that is the number of votes as single share of lift class b stock will get you would get a B class stock founders in the case of lift cO, finders Logan green and John Zimmer and nobody else. So what is up with these class b shares? Why would the founder of a company do this? Used to be that way us hope sock was like you had to give up voting control your company, but that's not what he wants. He wants to keep control of his company, and it turns out because is willing to give him money, you know, for stock without demanding control of his company. And so he takes it takes so back in the day. You took your company public you sold shares to the public, and there was this tradeoff on the one hand, you all this money on the other hand, you give up some control of your company. So if the shareholders did not like what you were doing they could vote you out you could be out on your ear. Also, if you wanted to do something fancy with the stock they could stop you so CEO's, especially Texas started using these class b shares to create stalk with the super voting par giving themselves a ton of votes. So that they can maintain control of the company they get all the money, and they keep all the power a win win. And then the situation the power never trickles down to the people. If the finders sell their class, b shares the buyer of those shares. Does not get that twenty vote deal. The shares usually convert to class eight years a crummy single vote. So why would investors put up with this? I asked Matt living this question. And he said there were a couple of main reasons the first is that these companies were just so hot people wanted a piece of them so badly and investor said, okay, and they surrendered their usual rights. But there was another reason a lot of investors started to see it as a plus when Facebook went public CEO, Mark Zuckerberg, a tiny group of insiders got a ton of these class b superhero shares which essentially meant the Mark Zuckerberg had complete control of Facebook. And when the company went public the Wimpy class A-Shares traded really really, well, it was super popular. But Mark zuckerberg's outsized power. Also, ended up paying off for investors because good example of the successes. Mark Zuckerberg did a lot of move that were kind of look like weird corporate. Governance like, you just went and bought, you know, whatever it's like little oversight sort of felt like a sort of a company that was not like run by best principles of corporate, governance, necessarily, and it turned out to be wildly successful for shareholders. And they put loads of money, right? Because he actually was good at it says a lot of investors, especially investors in tech companies with these celebrity genius, inventor of CEO types, actually started to really like the fact that shares of stock came with no voting muscle became kind of like a selling point like don't worry. No, slutty small-minded investors going to step in and Swart, you know, the geniuses vision. Which is this is actually as you. It's protecting your investment in no way. Because like what you're really signing up for is Mark Zuckerberg and the only way to make sure that you're getting works to all the votes. Dougal Lincoln groupon. They old it. But when Snapchat went public Matt says that was kind of the peak for class b shares not. As a even weirder version, where public shareholders have no votes at all. And only the have any votes. Hey, why not let the suckers by the shares and not get any voting rights Snapchat? This moment, though, is when the markets kind of struck back at the whole class, b shares idea the keepers of some of these big indexes like the S and P five hundred decided enough was enough said, we're not going to list companies that have so called dual class shares and the excluded Snapchat. Now, this was a big deal because of index funds. Now, those are funds that are pegged to an entire index. For instance, the S and P five hundred so with the S and P five hundred goes up the index fund goes up, and if you have money in a 4._0._1._K a lot of that is probably in index funds. We are talking trillions of dollars and these index funds will not invest in your company if it's not listed on the index. So getting excluded from an index like the S and P five hundred means that you are. Leaving a lot of money on the table. But the index is like, okay, listen, we turn to blind eye to Facebook and Google, but Snapchat, you've gone too, far you want the money, you cannot keep all the power to. This is a breakdown of the whole system you wanna take people's money. You have to answer to them. And we're Matt LeVine heard this. He thought will is it jewel class. Shares are over the time has come to an end year ago. I would have said well, the fact that the indexes are down as early about fine for the continuing viability this, but no turns out. Along comes lift at the sides, no index funds for us. But so be it. This probably means that lift won't ever make it onto the S and P five hundred index, but they did this. Anyway, they said we want control so much the will willing to give up this a lot of money a lot of money the jewel share model class. A and class b shares not dead yet, extremely popular and becoming more popular among tech extremely unpopular and becoming more popular among big public investor's attention. That's why the indexes are dying because the public because behind more popular public investors like every comes to market once I do class stock, and it's terrible. And we hate it. And we got to do something about it was like one or two when it was like Facebook. It's like fine whatever, but every company has its come frustrating for investors. If your stock is hot enough, and if you are enough of a cult of genius techie type, you might just be able to have your. Go public and control it too. And in fact, there has been such crazy demand for shares of lift even though they're not available yet making money, and the companies actually losing money inspect it doesn't make anything that there's speculation that when the company goes public. It will actually exceed the twenty three billion dollar valuation that put on himself twenty three billion dollars. This is cold having your cake and eating it too.

Matt Levine Mark Zuckerberg Facebook CEO Snapchat Bloomberg Cosby Founder Dougal Lincoln Swart Texas Logan Green John Zimmer Google Twenty Three Billion Dollars Twenty Three Billion Dollar Eight Years
"twenty three billion dollar" Discussed on WAFS Biz 1190

WAFS Biz 1190

02:15 min | 1 year ago

"twenty three billion dollar" Discussed on WAFS Biz 1190

"The John will after the government is at twenty three billion dollar project to be out of fight Riyadh. Let's get a little bit more on the beatification story. The ramifications Jacko are equities reporters so big spent time. Yeah. Nadar lot of. Yes, men is a let's see big expectation because what we see many times with this Saudi cement stocks every time that there's a big announcement regarding project or a major investment is expected to happen. In different parts of the kingdom, the cement stocks react. We have several of them treating in Riyadh, and they are basically located in many different parts of the country. Emma is actually in Riyadh. It's based in Riyadh in its prediction is mostly so in the city. So what we have people telling us in the market right now is that it's just a bad that this investments will come through that they will be channelled into the local companies, and that of course, will be selling more summit great expectations on that said great expectations in the Kuwaiti market. The biggest week he jumped since July. So the market seems to be gearing up. My next guest is quite bullish on Kuwait's. Stay tuned for that. But you've got to run of rallies in Kuwait. Here's well, we're expecting the Kuwaiti me index menace to deliver the best performances July of last year. If trading continues the trend that we've seen in the past few days. This would happen this Thursday what we hear from analysts in from strategist that are following the Kuwaiti market closely. Right now is that there are several events that could actually support even more games for the market combined with a very positive macro scenario. So they do see Micra stability there is expectations of earnings growth. And of course, Kuwait is going to be the biggest member of the MSA from tier index once Argentina becomes an emerging market. And there's also expectation that Kuwait itself will be declared emerging market with inclusion expected for next year. So it's just a combination. Sorry combination of different pieces that actually just give investors get chance to Tibet. What's going to stand.

Kuwait Riyadh Jacko Argentina Micra Emma twenty three billion dollar
"twenty three billion dollar" Discussed on Here & Now

Here & Now

02:06 min | 1 year ago

"twenty three billion dollar" Discussed on Here & Now

"There are families across our country who need somebody with skills who can help their parent or grandparent with dementia who can help their child with autism. So rather than just give people a check I would have a double dignity jobs core where we're supporting people contributing to another person's economic dignity, and that was the beauty of how Martin Luther King talked about this that all jobs have dignity because they allow you to serve your fellow person. I just want to finally ask you if you were to take your proposal and drop it off at the Republican congressional lunch. I would imagine that many people would say, oh here we go. Again, the liberals just want to spend more money and not, you know, stick with our capitalist system where everybody just has to work for what they get. Well, how do you respond to to that argument? Well, again, the vision I have is not just handing out checks. It is fundamentally based around work. So. I think if I started perhaps talking to some conservatives than I said, don't you believe that if a person works hard, and does everything they could that they should be able to raise their children retire and take care of their parents with the sense of dignity. I think people would say yes, when you talked about the end goal, I think you unify people more, and maybe we can unify on end goals of economic dignity, and that will open up more room for people to have a good faith debate about the best means to get there that is Gene Sperling who was director of the National Economic Council under presidents Clinton and Obama we will link you to his article about economic dignity at here now dot org. Thank you so much for joining us. Thank you so much for having me. Lift is starting its public relations roadshow today as it tries to court investors for twenty three billion dollar initial public. Offering shares of the ride hailing company could start trading by next week.

National Economic Council Martin Luther King Gene Sperling Obama director Clinton twenty three billion dollar
Scientists Want to Talk About Gene-Edited Babies

WSJ Tech News Briefing

05:27 min | 1 year ago

Scientists Want to Talk About Gene-Edited Babies

"Are you hiring with indeed you can post a job in minutes set up screener questions than zero in on your shortlist of qualified candidates using an online dashboard get started today at indeed dot com slash W. S J that's indeed dot com slash W. S j. This is tech news briefing. Im Tanya boost does reporting from the newsroom in New York. Coming up the latest on why an international group of researchers including some inventors of the popular, gene editing tool. Crisper are calling on a worldwide moratorium on editing DNA in human, sperm, eggs and embryos to prevent births of genetically modified babies the journal looked into it. Are we ready for gene edited babies, should we ever be how the world's top scientists are tackling these weighty questions after these tech headlines. Lift plans to peg its valuation at between twenty one billion and twenty three billion dollars. When the ride hailing service kicks off the road show to market its initial public offering Monday with the lift IPO process entering its final stage. What's expected to be one of the most hectic years for the new issues is about to get underway in earnest, though, the IPO market got off to a slow start this year because of the partial government shutdown lifts eagerly anticipated debut is expected to be followed by a wave of listings by Uber Pinterest slack and others as fast growing Silicon Valley startups cash in on heavy demand on Wall Street. Chris Cox, a senior Facebook exotic and one of its early engineers has abruptly stepped down from the company in what the journal says signals he disagrees with CEO Mark Zuckerberg on the new focus on private messaging. What's app unit? Head Chris Daniels. Also stepped down late last week together. The moves show that Mr. Zuckerberg stated plan to focus more on private messaging and less on public sharing is roiling the company he founded with the second management shuffle in less than a year. And a massive new study found that the pulse sensor in the apple watch help detect a heart rhythm disorder in a small number of users, but may have caused false alarms and others. Ultimately, the journal says the studies mixed findings hint at the potential of wearable gadgets to detect symptom Matic health conditions in people that might otherwise go unnoticed, but doctor said, the potential false positives. And other aspects of the studies show that people should be cautious about relying on the tech as diagnostic tools read more about how doctors think wearable sensors have a long way to go at wsJcom coming up the global debate rages on as world, scientists tackle the delicate subject of gene, edited babies. Are you hiring with indeed you can post a job in minutes set up screener questions than zero in on your shortlist of qualified candidates using an online dashboard get started today at indeed dot com slash W. S J that's indeed dot com slash W s j. Gene, editing technology and the crisper tool in particular have been racing ahead. Even as scientists still try to figure out the ethical issues around its use discovered in twenty twelve crisper allows for the cutting editing and inserting of new DNA using the tool Chinese doctor Hasian que- claims to have engine neared the birth of the two first genetically tailored humans the doctor faced criticism from his peers at a recent gene editing conference in Hong Kong and was grilled by fellow doctors and other professionals. They're more from wsJcom is a big. Is a big moment. Exactly. What are you understand your responsibility to these children? Why you choose to cross it? I like is our responsibility as scientists and doctors may know, y'all future medical care platform days babies convinced the parents general feeling amongst the scientific community is that we should go ahead yet. But you went ahead without discussing with people. That's how it seems the doctor responded to the main criticism that he went ahead with the tag without the proper consultation of the scientific community will have move on. So the state for amber uniting, there will be some some will was doing this. If it's not me if someone else biologist, David Baltimore asked for more oversight has been a failure of self-regulation by the scientific community. Crisper inventor, Jennifer Dowden further explains. The concern as someone. He's been involved in the Genesis of the crisper, Kathleen, gene, editing technology, I feel deeply disturbed. It's inappropriate and something that we have been working hard to avoid the World Health Organization recently announced the establishment of an expert panel to try to establish global standards and guidelines for human genome editing, but according to the experts weighing in it is ultimately up to society to determine if germline editing loose forward. There is a lot more back and forth to the story. Check out more at wsJcom that does it for the tech news briefing from the newsroom in New York. I'm Tanya boost does thanks for listening.

Wsjcom Ceo Mark Zuckerberg Gene New York Chris Cox World Health Organization Chris Daniels Apple Facebook David Baltimore Hasian Que Kathleen Hong Kong Jennifer Dowden Twenty Three Billion Dollars
New SALT deduction cap to hit 11 million Americans

Michael Wallace and Steve Scott

00:27 sec | 1 year ago

New SALT deduction cap to hit 11 million Americans

"Nearly eleven million people are losing out on the deduction for state and local taxes or salt. The treasury inspector general for tax administration estimates that many people had tax bills above the new ten thousand dollars salt deduction. Cap. They have a total of three hundred twenty three billion dollars that cannot be deducted. Many of those people are in high states high tax states like the tri-state Maryland or California in a meeting with governor Cuomo earlier this month. President Trump said he was open to talking about changes

Inspector General For Tax Admi President Trump Governor Cuomo Treasury Maryland California Three Hundred Twenty Three Bil Ten Thousand Dollars
"twenty three billion dollar" Discussed on KSFO-AM

KSFO-AM

12:50 min | 1 year ago

"twenty three billion dollar" Discussed on KSFO-AM

"To Russia's week in review looking here. Even Fox News. Rush Limbaugh gives blessing possible border wall. It was a maybe a theme. It was a medium all day today. The audio soundbites drive bys designed Rush Limbaugh gave Trump the okay to sign the Bill. Is that what I did yesterday? Is that how you interpreted when I did yesterday. I bought what I was doing was trying to explain what I fought the White House thinking on this all might be. But look look. No, no, no. I am not going to put the combined weight. What I think I have an idea what's going on here now. And because of a simple news story here that I detected and found I think I have an idea. What's going on run it by you here? The second. Greetings, great to have you. Rush limbaugh. Eight hundred two eight two two eight eight two. So the drive bys are out there CNN saying sources say Trump to sign spending Bill. The drive by media is saying that I have given Trump my blessing to sign and even at Fox News. Conservative radio host. Rush limbaugh. Tuesday told show listeners and not do underestimate President Trump's desire to address illegal immigration and secure the border with Mexico. Even if he does sign a compromise to avoid another federal shutdown now, that's true. I did tell everybody whatever happens here. Do not think it means Trump. It's not going to build this wall or is given up on building. Whatever he does it doesn't mean that the wall is kaput it probably means. That he's more committed to it than ever. I think this is taken him off. I think we if we can sit here and realized that this thing started out at twenty billion, and the Democrats pared it down to one point six billion then took that out. So the Trump had less than nothing. And now this deal puts back one point three seven five that's got to take him off like crazy. So we'll go through this. And I'll tell you what I think is going to happen here in in just a second. But I saw a story. I've got to mention this because it's a gigantic. See I told you so. Oh. And by the way, I mentioned yesterday, we knew this was happening, right? As the program was nearing its conclusion. And I didn't get a chance to extrapolate analyze, but the turtle hold for a vote in the Senate on the green new deal, and the Democrats are having a cow. Ed markey. Who is the Senate co-sponsor the green new deal with? Okay. That's the Cortez is livid. That he's calling a voter, wait a minute. I thought we had twelve years to save the planet. I fought urgency was called for. Here's the turtles. You guys say we got twelve years. We'd better get a vote on this. I mean, clearly the turtle is trying to kill this a understand it. I I have an evolving a a new theory to explain what's really going on with his green new deal too. Because remember it gets presented as a talking point. Frequently asked question report, which has all this business in it about banning airplane travel in ten years and. Rebuilding every American building. And all these high speed rails. All Gavin Newsom in the most liberal state in the country has cancelled the hobbit rail plan from San Francisco to Los Angeles. He now that the state of the state message yesterday they're canceling it because they don't have the money. It's not shed Jill to be finished. If they went ahead with it till twenty thirty or something they don't have the money. And yet here's the green new deal authorizing high speed rail everywhere airplanes now go this thing was never supposed to see the light of day. Somebody did. And now they've yanked it, and everybody's denying that frequently asked question summary of this thing was was was active. I think they had a different purpose in mind with this. That's kinda gotten blown up and now with the turtle calling for a vote on it. It's blowing up even more. But the the thing that that. This is just classic. Let me just read the headline here, and this is in a New Zealand website. Nobody deserves to be this. Rich says Bill Gates one of I always told you about these left wing wealthy guys. They're the ones always saying. They don't deserve it. They're the ones saying they've got too much money. They're the ones always say raise my taxes. I'm not paying Warren Buffett Ditto. Why do they do this because it keeps the people from with pitchforks away from them? These madcap deranged leftists are not wanting to take Bill Gates's money away from him. They're not wanting to punish him because gates and Buffett and all the rest of these guys. Are out there saying I don't deserve it. It's way too much. You don't see them giving it away. Some of them put it in foundations. But you don't see them when they say they not paying enough taxes. You never see them. Right. Additional checks to the government. Do you? The one rich guy that came out and expressed. Pride in himself. The one rich guy to one billionaire came out and said, I'm very proud of this. I worked very hard. This is the American dream Howard Schultz. They're trying to destroy. Bill Gates and Buffett. I don't deserve this. I really don't deserve. This. Nobody deserves this much gates actually said that nobody deserved this much money. Now gates right now worth about ninety six and a half billion dollars. And he says he and other business barons should have to contribute more taxes Bill. There's nothing stopping you from writing a check to the treasury. But notice they don't do that they wait around for a wealth tax that they know is never really going to materialize. But they get away with this. They get away with acting like they don't deserve it. Edits unfair and raise my taxes and so forth. In the media. And the guardians of the left saying what a great guy he gets it. He meanwhile, yes, fortune keeps growing his fortune keeps expanding is an interview with the I think the UK Daily Mail, and he said, I don't deserve my fortune. Nobody does it has come through timing through luck and fewer people I worked with I certainly worked hard. And I think software has been beneficial thing. But I benefited from a structure to I don't meaning he didn't build it. He's incorporating the Pocahontas line. I didn't build all this people. Didn't I don't deserve it? I don't think giving the money to my children would be good for them or good for society. Yeah. That's what he's gonna do. Don't doubt. He's going to leave his kids with enough money that they're not going to have to work. He may not leave all ninety six billion. He might he might live the leave them each of billion and tell them to go rough it. But I just classic. I just had your point this out. Okay. The mortar deal. Here's the story. And it is also from Fox News. But it's it's it's all over the place. President Trump appeared to be moving Tuesday toward approving a border security compromise. After speaking with the top Republican on the Senate appropriations committee. That'd be Senator Richard Shelby of Alabama. The president tweeted that he had been quote, presented the concept and parameters of the agreement by Richard Shelby. They looking over all aspects knowing that this'll be hooked up with lots of money from other sources, we're going to be getting almost twenty three billion dollars for border security, regardless of money allocated for the wall. This Bill has in it twenty three billion dollars for border security. This has more money for border security than the original twenty billion. But there's a limit in it on how much can be spent on the wall, which is a key here. And then Trump reminds everybody that the wall is being built as we speak. So I think what's going to happen here. Clearly, I mean, you look at the government shutdown and Gallup is out today with a story on on Trump's sky rocketing poll numbers in Gallup, he's gone from thirty eight to forty five. He's a fifty two overt. Rasmussen. Gallup is saying that his numbers skyrocketed after the shutdown ended. I could argue that I think the shutdown doesn't hurt Republican's contrary to what everybody thinks like this demonstrates it. But I think that that nobody wants another shutdown because it doesn't have any leverage in it. I if there were leverage in a shutdown to get more for the wall. Trump would do it there any leverage in it. It doesn't every what it does is put federal workers out of out of work and get some media all worked up about their suffering and so forth, but it doesn't leverage the Democrats because it's twenty twenty election year, and any any pain that happens to people in America Democrats are going to relish blaming it all on Trump. So he doesn't want to do another shutdown because there's no leverage it. I also know this is just common sense. That one point three seven five billion allocated as a number for the wall is insulting. Particularly when the ask is five point seven and in the Senate Bill back in December one point six was in it before it was pulled out at one point three seven five tipped because I don't think this is political for Trump. Now the media everybody else can't avoid looking at it political horse race politics. But for Trump, it is a legitimate national security issue. Yeah. He made the promise. Yeah. He made the commitment. Why he wasn't trying to get votes with it? This is the thing. People don't understand about Trump. He's not a politician. I he's a patriot. I he's a he's a citizen. I he believes in America is founded, and when I say, he's not a politician. I meaning he's not an insider, he did not propose a wall and the idea of shoring up the southern border and stopping illegal immigrants because it was a political position. He thought he could leverage and win the presidents is he really believes it. He means it. In anybody with any common sense knows this is going to have to stop. We're we're still not going in the right direction because of these loopholes with asylum look at the numbers of people still trying to get into this country. We still have it reversed. The flow it goes up and down. But we're at a period of time. Now, we're more people than ever are trying to get in. And it's got to stop. And one point three seven five billion isn't enough to accomplish what Trump wants. But when you read this story, and you find out here that there's twenty three billion dollars in it. That that that is not in specifically isn't targeted wall. You'll say you're building. But it does. It is allocated for for border security. Shelby told reporters that he had explained Trump that the one point four billion represented a down payment on the wall. And and reserve discretionary funds for detention facility. Shelby described. The president's tone is very very good said that while Trump was concerned he wasn't getting all he wanted in the agreement. He's going to evaluate it himself and understands that this is a good down payment when asked about a possible shutdown Trump told reporters, Tuesday, I don't think it's going to happen. Well. I think it's. It's probably..

President Trump Bill Gates Trump Rush Limbaugh Fox News Senate Senator Richard Shelby Warren Buffett president CNN White House America Russia Ed markey Gavin Newsom treasury New Zealand Gallup UK
"twenty three billion dollar" Discussed on KTRH

KTRH

10:53 min | 1 year ago

"twenty three billion dollar" Discussed on KTRH

"The way, we're watching reports of a shooting at a warehouse near Chicago. When are we ever gonna do to Chicago what they did in New York under mayor Rudy Giuliani because murders went from two thousand five hundred a year to like as low as like four hundred a year. Because you you putting the police resources in areas that are most ridden with crime high police presence stop and frisk and stop this madness. I don't know what the details of this particular shooting are all right? So back to the president today. And by the way, Newt Gingrich will join us later in the program. Also, get to the new green deal, and what a failure. It was in one city. Also, I'm going to take on this issue of me becoming the talking point at all these networks, which has Larry is to me. In so many ways so inaccurate. And they don't even know the president. They don't even listen to what he says in the lead up to what he does. They haven't figured out that he keeps his promises. Anyway, Joe digenova wrote on the Bill today, I think it was in the new York Daily News. Why I saw saw this. The constitution. And the congress have placed the authority. Firmly with the president of the United States. That's the constitution and congress sites a pivotal supreme court case on executive authority. In the nineteen fifties Youngstown sheet in tube company versus Sawyer struck down Harry Truman's unilateral seizure of the American steel industry and the concurrence with the majority of Pechiney sites. Justice Robert Jackson, identifying the three categories of executive actions, and you know, as he cited them when the president acts pursuant to an express or implied authorization of congress, his thirty is at its maximum. Then he also cites the two thousand and six secure fence act which commands the executive branch to take all quote, take all actions necessary and appropriate to achieve and maintain operational control over the entire international land and maritime borders of the United States specifically including physical barriers immigration nationality act grants, the president the authority to quote, suspend the entry of all aliens or any class of alien. Has immigrants emigrants were imposed on the entry of aliens, any restrictions that he made deem appropriate. And by the way, the funding Bill that president signed earlier today as he declared the national emergency further clarifies Congress's delegation to the president of to take the steps to secure the southern border reiterating specific authority to construct walls. And that is a relates to the other appropriations that to his column goes into a, you know, every administration since Jimmy Carter has invoked national emergency. You know, it's you know, it's been used dozens and dozens of times since they were formalized with the national emergencies act of nineteen Seventy-six Jimmy Carter invoked that act repeatedly. In fact, there are thirty one national emergencies. Many from past presidents still enforced today. You know, so it's absurd. He wrote of Joe d Jennifer rights, it's absurd to argue that this. The president has the authority to declare a national emergency over human rights abuses in Nicaragua. But not in response to ongoing humanitarian and security crisis of human trafficking, drug importation, unchecked illegal immigration of our own border. Know in this case, the emergency powers congress has already delegated to the president. He's going to win in the supreme court. And in the interim, he continues the mission other words the wall continues to be built. Does he said the finish the wall antics other areas still get to be prepared? It was nice. But it's so sad to see yet. Again. We've we've interviewed many of these angel moms and dads. He highlighted one in particular angel. Mom today is he declared this national emergency. You just. And you just look at the numbers. It's so sad. And how these angel? Moms are standing up they've lost their children. They don't want. What happened to their children happen? Anybody else? They've been begging him to hold the line on this. Her husband was killed. Beautiful children. Don't see their father's that's Sep permanent separation. I don't know if that's connected at all the stock market. Apparently went up a lot today after the announcement. Now as it relates to the use of the eight billion dollars from other government agencies. All the nonpartisan Congressional Research Service has just green lighted. The president's plan to tap that eight billion dollars from other government agencies. Now, if you look at what this group is the Congressional Research Service works exclusively for the United States Congress providing policy legal analysis to committees and members of both the house and Senate, regardless of party affiliation. Anyway, it looks like, you know, the first official legal option on using these monies? It looks now like a Trump win because the Washington Examiner is now reporting despite promises from democratic leaders to sue to stop Trump while the nonpartisan Congressional Research Service has determined that he may move. In other words, the MO the move the money maybe legal ineffective. That's there. Update. Their most recent report actually said that congress actually wrote the legal path for Trump to follow and tap into Pentagon construction money to build the wall, that's at least eight billion dollars. I have a source. That's telling me, it might be as much as ten billion dollars. In other words, what I've been saying all week. I didn't care that much. What happened with the Bill? I know the president new of garbage and said it was garbage. He just do that he gave congress every opportunity to do their job, and they won't do it. And he's got an oath to fulfil, and he's gonna do it. And that's why he declared a national emergency. And that's where the money's gonna come from. And he's gonna win and in the still has the money congress authorized, by the way, it takes a lot of time to build this stuff losing three hundred thousand three hundred people week seventy thousand Americans killed last year from drugs, if that's not an emergency by definition. What is? I mean, how many more families have to suffer by the way? It's again, it's only ninety eight percent of people that want across the illegally. They just not following the process, they want a better life for themselves and their kids. President was able to get rid of a lot of the poison pills that had been reported in the Bill about like small-town mayors that was taken out I've been told with authority. We have twenty three billion total for border security that's money allocated for non wall building. That's that's great because we need all the other stuff and the drones, and you know, detection devices and dogs, and you know, 'cause a lot of money Richard Shelby said yeah. That twenty three billion dollars can be built on in many ways to protect the border is another law. We've been citing USC ten USC to eighty four that seems pretty suited and says that specifically the purposes by which types of support for the president to give agencies of the United States, and it goes on to describe instances where the purposes for which the secretary may provide support under subsection a for other departments agencies of the federal government or state, local or tribal law enforcement agencies. Oh, paragraphs seven construction of roads and fences. Oh, that'd be barriers installation of light. To blog drug smuggling corridors across international boundaries of the US, the re reference subsection a ten USC to eighty four support other agencies secretary defense may provide support for counter, drug activities or activities to counter transnational organized crime or any other department or agency of the federal government or any state local tribal of foreign law enforcement agency for any purpose set forth as applicable if and it goes on to explain officials circumstances, countering to counter, drug activities or activities to counter transnational organized crime. Oh, bingo, president wins. Again. That was first brought to my attention by Senator Mike Lee of Utah. Mitch McConnell says the president's decision to announce the emergency action is the predictable understandable consequence of Democrats decision to put partisan obstruction ahead of the national interest. I urge my democratic colleagues to quickly get serious put partisanship aside work with the president and our homeland security experts to provide the funding needed to secure the borders as we begin the next round of appropriations, by the way, bozo aerobic weighing in saying I said this week that walls, don't protect people. Then why does so many members of congress that is so many Hollywood actors and actresses why do they have walls around their houses or fencing or armed guards? But that's for them. Not for we the smelly. Walmart people as Peter Struck said and bozo then goes on to say that he wants to tear down all existing walls. Would you? If you could would you take the wall down now here. Yes, absolutely knocked down. I'll take the wall city. You think? This is a referendum here in the city. That would I do. Bozo. Party of let's see late-term abortion. Even while a woman is giving birth. Dilation? Yeah. You could still case a northern well deliver the baby and make the baby comfortable and the mother gets to decide. Whether we'll resuscitate the kid or not. That's the party party is seventy percent taxes. Seventy to ninety percent taxes full complete state ISM redistribution. This is the party. Now that is. Wants to after you pay it all your taxes. Maybe whatever you save. Now Lisbeth Warren wants to come back and take the rest the party that wants to eliminate all private health insurance for people come Allah Kirsten gillibrand Bernie Sanders. That's it. House had the last healthcare workout..

president congress United States Congressional Research Service Newt Gingrich Joe digenova Chicago Jimmy Carter New York Larry Rudy Giuliani new York Daily News executive Youngstown supreme court Walmart Richard Shelby Washington Examiner Nicaragua
"twenty three billion dollar" Discussed on WCBM 680 AM

WCBM 680 AM

11:46 min | 1 year ago

"twenty three billion dollar" Discussed on WCBM 680 AM

"Now before we get the audio bites in before we start having fun with the green new deal. And and some of this other stuff out there. What I want to go through this twenty three billion dollars where out of nowhere that seems to have come from. And then what Trump is talking about it yesterday. Also this from the south Florida sun sentinel, Sun-Sentinel this is the I mean. This is a left-wing rag. Unlike many left-wing rang, I mean, this is down in Fort Lauderdale. But they've got the the story here Florida voter support surges for Mexico border wall. According to a new poll and Trump approval is inching up. This is in Florida voters, Florida voters much more supportive of the building a wall on the border with may called and they were a year ago. Florida Atlantic university poll released yesterday reports a majority of Florida voters now support the I the same pollsters found Trump's approval rating is ticked up in Florida. Still underwater. But but it's it's it's ticking up so this twenty three billion. This story here in the hill dot com viral buddy, Neil Munro, Neo Monroe, the journalists who was chased out of the rose garden by other journalists when during an old Palmer press availability, he asked that question when no questions were permitted. It was a no questions press event in the rose garden. I don't even remember what it was about. But Monroe ask questions these guys practically chased him all the way to the Washington Monument. The rest of the press corps. Trump touted construction of the border wall on Tuesday, even though the draft budget for the department of homeland security ads only enough money for fifty five miles one point three seven five billion much less than the five point seven billion and two hundred and thirty four miles requested by Trump. We talked about this yesterday. Trump spoke before a cabinet meeting and hinted that he might redirect more money for wall construction. Now, the border wall with Mexico, and I want to go through this because I don't think people I don't think enough people know what the status of the wall or walls and construction at the moment is. The border wall with Mexico is a mix of old metal panels and new Ballard walls, thirty feet high. Some of the wall sections include to walls where the road in between. In January of two thousand seventeen when Trump was inaugurated, the stretch of various walls added up to six hundred and fifty four miles along the border. That's how much wall we had. It was a very in quality. Varying height. It wasn't uniform because states have been involved in the construction of the wall. Through through their territory. Document from the department of homeland security says officials need a total of seven hundred sixty two miles of border wall. That is the target total miles of barrier needed. According to homeland security seven hundred sixty two three hundred sixteen miles of new primary border wall and one hundred seventy four miles of primary border wall system in place of less effective designs. This is where the sixty five mile figure comes from. That is the difference between six hundred and fifty four miles of wall already in place and the amount of new wall the says is needed, but it's confusing because the also one hundred seventy four miles of the current Wallaby replaced modernized. And that's how we get to the two hundred and fourteen mile total that Trump is calling for. And when I say Trump is calling for it. This is it Trump following the recommendations of border patrol and ice and the people responsible in law enforcement for patrolling the wall. Now money provided in two thousand seventeen and two thousand eighteen is funding current construction, according to the department of homeland security. This includes work ongoing or planned for more than one hundred fifteen miles. Including roughly eighty three miles of new primary wall in place in less effective. Existing barriers in San Diego, El Centro, Yuma, and El Paso. Roughly, fourteen miles of new secondary wall in place of a less effective. Existing barriers in San Diego. Thirteen miles of new levee wall system in the Rio Grande valley sector and roughly eight to twelve miles of new steel Bollard wall system in the Rio Grande valley sector, this'll work. That's currently underway. Which the mainstream media claims is not happening. This work is underway. It has been underway since two thousand seventeen when you hear Trump saying, we're building the wall. He's telling you the truth. It's happening. The media is acting like he's been shut out. He's been stopped that every attempt to modernize rebuild or start new construction has been thwarted. It hasn't been. Obama, and George W Bush authorized the money for some of the construction that's happening. Now, Obama the Democrats have participated in already authorizing lots of money to do what's currently being done. And it's important to contrast. The fact that they've already allocated money, and and agreed to allocate even more prior to Trump becoming president when they have become zero. They shut it down. They're acting like they don't like a wall. Want a wall? Trump doesn't need a wall. We're not gonna get a wall after they have already allocated. Appropriated millions and millions of dollars for current. New construction and upgraded construction a lot of work under way. In reality. The one point three seven five billion dollars in the proposed deal would keep the construction teams busy probably for the rest of the fiscal year through October the end of September. Which would give the national emergency funding time to work its way through the courts to see this is why that little reference there tells me all I need to know what I think's going to happen here. Ill Trump, oh is going to sign this Bill whenever it's presented to him. And he's going to declare a national emergency. The one point three seven five billion will take us through the end of this fiscal year at the end of September. It will it will be used to complete current under construction projects. Declare a national emergency. Go used this other twenty three billion dollars. The Democrats will go to court shut it down. Bring it to a screeching halt table. Claim Trump doesn't advocacy authority that this is not a national emergency. Like a hurricane would be or an earthquake or some such thing he'll declare the national emergency and let it wind its way through the courts the balance of this year. Probably find its way through by the end of the fiscal year and Bama, then get a favorable ruling on it, which will ultimately at the super court. If it goes that far in Bamako here comes the other twenty three billion. And then the next two years. Trump is building the wall in the run-up to the twenty twenty presidential campaign that my friends is what I see. All put together from the realization here that these stories are abundant out there that there's twenty three billion dollars. You look at existing projects under construction. How much the one point three seven five billion would fund. The the downside of the national emergency is and this is something that inside Washington constantly frets over whenever the. Prospect of say using nuclear option in the Senate and getting rid of the filibuster comes up. What's the objection? That's always mounted. Well, we can't do it. Because you know, the Democrats are going to be in power one day. And then what if they do it? We can't stop them. We don't have any moral high ground as well. Yeah. Yeah. Yeah. You're right about I'm not doing the same thing is going to be said about this national emergency guaranteed. What's going to happen? To be people opposed to the president clearing. The national merging, look, what are the Democrats gonna win the White House some day. And what if as an example, they wanted to Claire climate change a national emergency and go marching right to doing whatever they want to do without legislation without congressional approval without the opinion of the American people behind him. So that's gonna be thrown up to the present. Don't do it. Mr. don't do the national emergency. It's going to open the doors for the Democrats to do. Well, climate change is a national emergency. Democrats will still have to go supreme court because if that happens that same thing's going to play out in reverse some Republicans are go to court try to get it shutdown president can't declare national emerging climate change models. We don't even know if it's really heavily, blah, blah, blah. Bottom line is that. Yeah. It's a campaign issue. But more than that with President Trump Donald Trump hits. It's needed. It's needed. To protect and defend the country to maintain our culture and society. It was the first thing he talked about we came down the raiders in June of two thousand fifteen. There's no leverage in a shutdown doesn't get him anywhere. Because a shutdown does not panic the Democrats sufficiently so letting him have what he wants. Plus, he doesn't need a shutdown now, the shutdown served its original purpose, as we had a caller point out a couple of days ago, the shutdown resulted in the media spending every day for what a month explaining what was going on at the border, and all the people flooding in it, we have to keep in mind you, and I have to keep in mind that a lot of Americans do not know anything if all they watch is the mainstream media. So it's anything Trump can do that. That expands the universe of things the drive talk about. And because they are obsessed with him and obsessed with destroying him. They will spend a lot of time focusing on things that he talks about in their attempt to ruin him in the process. They end up in forming a lot of people about things Trump cares about that. They wouldn't know. All right. We'll take a brief timeout. We get started here with all the rest. We've got audio soundbites your phone calls coming up and much more right after this. Every corner of this.

Ill Trump Trump President Trump Donald Trump president Florida Florida Atlantic university Sun-Sentinel Fort Lauderdale south Florida department of homeland securit Mexico Obama Rio Grande valley rose garden
Trump Is ‘Not Happy’ With Border Deal, but Doesn’t Say if He Will Sign It

Bloomberg Daybreak

04:47 min | 1 year ago

Trump Is ‘Not Happy’ With Border Deal, but Doesn’t Say if He Will Sign It

"Include President Trump downplaying the threat of another government shutdown with a path potentially cleared on border security today. The president meets with his Colombian counterpart hill, also speak at a law enforcement conference in Washington and T Mobile's CEO John Leger testifies on Capitol Hill today about his company's proposed takeover of sprint get more on the border deal. Bloomberg Washington reporter, Kathleen hunter is with me. And Kate as we've heard this morning. President says he's not totally happy with the deal. But like. Looking like, he he just might take it, exactly. And that's what we had kind of suspected it along basically is that this may be a way for Trump in some ways to save face by taking the steel of winning another potentially perilous politically government shutdown and. You know, trying to find other ways of funding border wall aside from just this one piece of congressional legislation. And I guess one of those other ways is the possibility perhaps of a national emergency declaration is that still on the table. It certainly is. And I think that that is something that Republican lawmakers are trying to tap potentially other sources of revenue in order to dissuade Trump from going that route because I think there's a general sense that that would be both politically and legally perilous, but I think that it certainly is still from the White House's perspective appears to be on the table. Yeah. And I guess Republicans. I mean, it almost looks like there's sort of shaking out the couch cushions looking for extra money from other sources, what could those sources be and what's with this twenty three billion dollar figure? The president put out on Twitter. ES? It's clear where the president got this twenty three billion dollar figure from but Republicans in congress people like ROY blunt have been talking about trying to find others tap other revenue sources, for instance, perhaps army corps of engineers money. Another one that's been discussed out. There is is four th money. That's been forfeited by criminals that could be used to redirected for the border wall. So basically as you described it, it does feel a bit like shaking out, the couch cushions and just trying to find whatever money could possibly be tapped through the congressional appropriations process rather than leaving it to Trump to try to take action on his own via, you know, some kind of an emergency declaration. It's interesting that you point out lawmakers talking about army corps of engineers funds again because we'd heard that possibility what a week or two ago, we've heard pretty strong blowback on that from among many others the governor of Puerto Rico. That's right. And you know, certainly it won't. Belong now where in February. But it won't be long now until we're back in the summer and the fall and I'm sorry late summer where we get into hurricane season. And it runs the risk. It's almost a bit ironic in a way that they are talking about taking money from levies, which in in some ways are a wall to keep out natural disasters to build a border wall to keep out people. So you know, there could be some fallout down the road. If there is some kind of, you know, a hurricane or flooding or natural disaster after Republicans tap money for for army corps of engineers projects for what a lot of folks view is kind of a Trump vanity project at this point. Yeah. And when you when you talk about fallout down the road. I mean that raises the specter of the twenty twenty presidential race and the president I mean setting himself up for that. You know in the state of the union address and coming out of this last government shutdown. I mean is this going to continue to be an issue for the next year? Or so I think so I mean, if it's important to keep in mind that this is an issue that the president campaign, very hard on in two thousand sixteen and one that he views as a winning issue politically because I think he's very focused on looking at what energizes base not necessarily on trying to reach out to independence or more middle of the road, even conservative Democrats. I think that Trump has shown that his he sees a path to victory based on his performance in two thousand sixteen that's built around motivating his base. And he sees this as an issue that very much does motivate his base. And so I would expect him to continue through twenty twenty to press this issue and try to once again chart a path to victory that relies heavily on the right flank of of the Republican party. All right. Just a few seconds left. Kate is their time to avert a government shutdown. Get a Bill crafted and all that. Yes is the short answer. Congress tends to move pretty quickly. They dilly dally when they have a lot of time to work with. But when things when push comes to shove and the deadline is buried down on them. They seem to be able to move pretty quickly. So I would imagine unless Trump or someone else throws a monkey wrench last last-minute monkey wrench into this into this deal, which certainly remains possible that congress will go ahead and approve this and move quickly to do that.

President Trump Donald Trump Congress Kate Washington Bloomberg T Mobile Dilly Dally Republican Party John Leger Kathleen Hunter Roy Blunt CEO Twitter Reporter Sprint
"twenty three billion dollar" Discussed on This Week In Google

This Week In Google

04:38 min | 1 year ago

"twenty three billion dollar" Discussed on This Week In Google

"But a reminder your ordering now for delivery in April took me a few months to get mine too. And I it was worth it though. And these last I wouldn't really impressed because I beat the heck out of this thing. I mean, I never take it off. So it's it's getting banged around. It's I mean, hot tub shower bath does it. You don't have to swing bringing our handwashing. Oh, I wash my hands like incessantly. I am teasing. No, it's true. I get so wanna hear about the hot tub. But. Yeah. It works in the hot tub to while Google shifted twenty three billion dollars to attacks haven in Bermuda and twenty seventeen so this offshore. I mean, it's not illegal. But it remember that they we were trying to they were trying to get the money repatriated the new tax act last year was supposedly going to bring a lot of this money back. Guess not. It was this is another one of those Dutch sandwiches Senate from a Dutch Shell company to Bermuda. 2017 it reduces, of course, it's foreign tax Bill. Google says we pay all the taxes do and comply with tax lesson. Every country we operated around the world as a Google shareholder. They are following their fiduciary responsibility to me. Yes. To tax maximize profit. Okay. Here's the point. If you don't like it. If you don't like, it, you shouldn't you should change the law. You got to the course. But the point is to me. Your free writing on a society. You know, I mean, the roads the infrastructure. It's you know, it's Google's chrome tremendously profitable as his apple and Facebook, you gotta you also need to your share not merely inventing new price, but do your share in your tax burden. I do we do. We don't have the resources to you don't want that. Argument you do not want a company deciding how much tax should pay. No, cover it. Neither one. So should be taxed more that. The government's job. I had I had a guardian debate with with a UK MP about this where she's complaining about it. And I said Batum it's your job Chan infants either legislation or also diplomacy. If you don't like what the double Dutch sandwiches. Go complain to the Dutch. Yep. And the US because they're US company. So I knew you'd like this one. And I'm curious what you think about it. We talked about it yesterday. Google is working with WordPress. One of our sponsors word present. To do a new. News publishing platform. This is this is pretty cool news pack, which has backing from Google and others. I forget who else is on. This would Google gives some money to it. Add to to create. The funny thing about about the news industry and see a messes. I I don't think I don't put the story on the on the show before when I was in the Chicago Tribune on a date, myself terribly. Stacy I don't wanna know how far away from birth. You were in the early seventies. And every paper thought they were special and they have their own CMS in their own functionality. And the sea of us. We had the Tribune was so terrible. They assigned there Pulitzer prize winning task force of investigative journalist investigate their CMS. That's been the that's been the history and our industry from the beginning. You were special always make paragraphs can make them. So now, we're press which which is what like thirty percent of the entire web every page on the three percent. According to their last add they're of three something that is that is targeted toward news. I argued years ago, Google this issue brought all their tools, this blogger and all those things they couldn't years ago, but they were gun shy. But the so instead of spring WordPress WordPress is a great company, and they're going to bring a product that's gonna work for news sites. And there is a charge thousand dollars a month. It's not much, but it's not free. Well, but what they're also gonna go see him s is they're inviting people to participate kind of scholarship process. So the other groups are the Len fest institute for journalism, the knightfoundation you should've remembered that Jeff and as I should have the tau night central. It's not John S and James L Knight. That's the same same. Yup. Tim nights and civil media each giving one million Google giving one point two million, and so- news pack is basically a version of WordPress tailored to low cost publishing the needs of small newsrooms is that is that pretty much..

Google WordPress Chicago Tribune Chan Pulitzer prize Senate US Bermuda fiduciary Dutch Shell UK Len fest institute Batum Stacy apple Tim Facebook Bermuda. Jeff John S
China, United States And Washington discussed on WBBM Programming

WBBM Programming

00:19 sec | 1 year ago

China, United States And Washington discussed on WBBM Programming

"Fifty one China's politically sensitive trade surplus with the United States surged to a record three hundred twenty three billion dollars last year as a tariff. Battle with Washington intensified customs data show. China's exports rose eleven percent. China's global trade surplus was three hundred fifty two billion

China United States Washington Three Hundred Twenty Three Bil Eleven Percent
"twenty three billion dollar" Discussed on Talk Nerdy

Talk Nerdy

03:53 min | 1 year ago

"twenty three billion dollar" Discussed on Talk Nerdy

"Systems that can be maintained by that community. You're not flying in fancy shiny objects from the US or other parts of the world. And you're and all that stuff really resonated with. Me. So I worked at the EIB for a number of years and went back to grad school couple times. One of those times. One of those times was at Stanford University. And while I was there still in engineering school. I ended up somehow getting on a project with the center for ocean solutions, which is based out of Stanford. They're they're big ocean. Think-tank they're trying to think through big ocean issues and had you had any like ocean interest or experience prior to that. Or is this sort of out of left field while I'm a scuba diver. So I really love the oceans spent a lot of time in them in on boats and stuff, but I didn't know anything about ocean conservation. I didn't know about the issues that they were that the oceans are facing around fishing and all sorts of stuff like that. By the way, I have to interject simply to say, I don't know how people scuba dive. I don't get it scares the piss out of me like on the NAT geo multiple and previous shows that I've worked out get calls from producers like are you certified, and I'm like, no, nor will I ever be. There's just is there's something just fundamentally in some peop-. That other people are lacking that makes them go. Like I want to be under water. I don't know. I I think so for me is just it you feel you're just in a completely different world to. It's like I'm in the middle of something that I am. I'm not prepared for just physiologically at my body cannot live under here without all this equipment. And even then it's only for a short period of time. But I absolutely loved the vast -ness of it. So like if I'm scuba diving in a place where I can't see the bottom or is just as far as the I can seize ocean. And I just absolutely love that. So you would go to the moon go to the movie today, if they would take me like hands down, no way, never total like death trap scuba diving for me. I don't even know if it's about the ocean or the pressure or the fact that you have to use scuba to breathe I think for me, it's actually the organisms, which is the weirdest thing because I love nature, right? And I love animals and like. You know? Of insects. But there's something about when things are swarming. And then they're like because we're not part of that ecosystem. So you're hanging out in there. Like, what are you? And they go around you or sometimes they swim right into. And that is like so scary to me for some reason, you no I love it. Anyway, anyway. Okay. So you start working with this ornaments? And so what they're looking at was the problem of legal fishing, which is this massive problem. It's twenty three billion dollar a year industry. It's just this big kind of legal peration that a lot of really shady people are involved in. So when you say illegal fishing, there are laws on the books, depending on the nation where you live about what you can fish when you can fish, and that's all based on data of health of the population. So I mean in a perfect world the way that it's supposed to work as scientists kind of model what these populations look like. And they use information like how many are caught and what size. They are when they're caught what they know about the life history of the animals all these things that they put into these models, and they try and figure out this is what the population estimate of this. And they have like these values at this age. Okay. If based off of that population estimate, and what the life history of these animals are that means that. We can sustainably catch this number every year. And so that number becomes whether it be in a country or at in the high seas that are these big global treaties to that number becomes, basically what the quota is like how many of those fish you can catch..

EIB Stanford University US Stanford twenty three billion dollar
Backlog and Revenue Growth Power Salesforce Results

CNBC's Fast Money

02:57 min | 1 year ago

Backlog and Revenue Growth Power Salesforce Results

"As you see there jumping after its earnings before driven by revenue growth in a sales and service, cloud business. Jim Cramer just spoke to see you Mark Benny off. Here's what he had to say. We've see hitting our big goal which is twenty two twenty three billion dollars in revenue within two fiscal years by fiscal year twenty two and the now tighten that up. Here. We are we're giving fiscal year twenty guidance for the first time at sixteen billion. We are really excited. Salesforce remains the fastest growing enterprise software company of all time. That's incredible. As of the market close the stock west sitting in a bear market after getting hammered here. But we do see in the after hours session up seven percents of Pete. Where'd he go here? Well, they absolutely went after this name. But if you look at it, it makes a lot of sense. I mean when you look at the valuation of this name, it's still extremely high you go forward. It's still extremely high. But you gotta love the presence of Mark Benny off. I think I think he's one of the better CEO's out there, particularly in the tech world. I love the fact that they continue to raise they go looking forward to two thousand nineteen. This is the second quarter in the row where they've bumped that up a little bit more. So it's impressive what they're doing. Well, but you know, what we get any pressure on the market and technology starts to feel that pressure. Again, that name is one of the names they're going to come after. So I would be hesitant to jump in here at one thirty eight they will look at it. I mean, the stock went from to your point one sixty two one twenty and seemingly a blink of an eye. And then all of a sudden people didn't care about valuation all son cared about maybe correctly. So, but then you look at the quarter and you see twenty eight percent year over year billings growth, which is pretty ridiculously strong. And up rating margins close to seventeen percent the street was probably fourteen and a half. So they're able to continue to grow improve margins. It's a really good company in a benign environment. You buy this to Pete's point. If you're scared about technology. I don't know if you masking me to pick say you get along the stock right here. What's been proven in this last say two to three month period, especially in the triple is that companies that are priced for growth when there's less or whatever perception there is whether it's regulation whether it's competition catching up on that. I think in Salesforce case even though their head of the competition. You can't assume a trailing ninety eight multiple is going to do wellness environment. So like, my my friends here. I have to say be careful there's so much conviviality. Totally disagree. Totally. They've got great earnings growth, which is the case forever. We just talked about the fact that we could get some positive news. We get a market rally. So why wouldn't I wanna buy something with Mark up a CEO? The Borst thing to do is to go against them over the last several years you've had this selloff. Now. I've got a growing company. Sure, the valuations a little high, but if we could Mark the little bit a little. Makes visiting cheap right until his Netflix. Amazon. Those are all going to rally. I agree that if we get a tech selloff. Yeah. This is going to baby with the bathwater. But we're talking about the potential for a short-term rally here. I think you get it. It's after hours. There you go

Mark Benny Pete Salesforce CEO Jim Cramer Netflix Amazon Twenty Two Twenty Three Billio Twenty Eight Percent Seventeen Percent Three Month
"twenty three billion dollar" Discussed on MyTalk 107.1

MyTalk 107.1

01:43 min | 1 year ago

"twenty three billion dollar" Discussed on MyTalk 107.1

"Aaron Katersky is in hicksville New York, there were some doorbuster items that people said they found to be sold out. But for the most part people here have told me they found what they're looking for whether it's on sale or not some of the hot toy items for the kids. One woman said we're not on sale, but she bought them anyway because she didn't want to miss out on the off chance. They're sold out later shoppers are expected to spend twenty three billion dollars today alone police in Alabama shot and killed a gunman rope and fire at a mall, south of Birmingham last night. Two people were hurt including a twelve year old girl flash flood watches are ineffective in northern California in the same areas where the so-called campfire ROY through the death toll is now up to eighty four. But there and Trump this morning leaning on lawmakers to pass the security Bill that funds the wall on the border with Mexico. This comes a day after he. He threatened to close the border. This is ABC news. Okay. So Rudy more Americans turn first in the morning to start their day. Tell them Robin warning America short. Good Morning, America. Laura. Robin. Oh with ABC's. Good morning. It's a four day thanksgiving weekend time to reflect on and be thankful for some of life's greatest moments like these ones from some of our favorite thanksgiving. TV episodes Seinfeld. Anyway. Thanks giving weekend from all of us at mytalk one zero seven one. The same..

America Trump Aaron Katersky Robin ABC New York Birmingham California Rudy Alabama Laura Mexico twenty three billion dollars twelve year four day
United Technologies Wins US Antitrust Nod for Rockwell

Bloomberg Best

00:21 sec | 2 years ago

United Technologies Wins US Antitrust Nod for Rockwell

"United Technologies has one US antitrust approval for its acquisition of Rockwell Collins to create an aircraft parts giant the Justice department signed off on the twenty three billion dollar deal after the companies agreed to sell assets to resolve the government's concerns. The deal would otherwise harm competition.

Rockwell Collins Justice Department United Technologies United States Twenty Three Billion Dollar
ISM services index in July falls to 11-month low

KCBS Radio Afternoon News

00:57 sec | 2 years ago

ISM services index in July falls to 11-month low

"Money news updates we're. Going to check in with Jason Brooks. For that he is keeping watch of, the KCBS super micro Intel money desk at this time around we're talking three d. printing three. D printers are? Quickly becoming, a bigger part of life industry researcher, IDC says spending on three d. printing will hit twenty three, billion dollars by two thousand twenty two. Significantly higher than at the moment spending on hardware-software, materials at services, is growing at a rate of more than eighteen percent a year and we'll. Top fourteen billion dollars next year growth in the US services sector is slow down in July do its weakest, pace in eleven months the institute for supply management. Says it services index pegged to reading, fifty five point seven with weaker levels of business activity and new orders. The employment index however rose the report says while the dominant part of the economy is still doing well overall there are, concerns about the impact of tariffs on prices Wall Street overcame trade concerns today sending. The Dow Oh higher by one hundred thirty six points..

Bank of America profit beats on consumer loan growth, lower expenses

Bloomberg Markets

01:33 min | 2 years ago

Bank of America profit beats on consumer loan growth, lower expenses

"DNA coats. Put out a, statement saying US intelligence assessments have been clear about Russian meddling in two thousand sixteen and their ongoing pervasive efforts to undermine our democracy the. Trump administration's filing. A challenge at the. World Trade Organization against China the European Union Canada Mexico and Turkey for tallying against US tariffs on steel and aluminum US. Trade read Robert lighthizer. Says they are counter tariffs on twenty four. Billion in, US exports violate WTO rules global news twenty four hours, a day on air ended, tick tock on. Twitter powered by more than twenty seven hundred journalists. And analysts in more than one hundred twenty countries this is Bloomberg Thanks Nathan now with our other top stories and Joel Snyder Airbus may have some blockbuster. News to announce this week at the Farnborough air shell outside London the planemaker is close to twenty nine billion dollars in deals with Asian airlines better expanding their fleet. Bloomberg has. Learned that Airbus is working on an agreement to sell twenty three billion dollars of planes to discount carrier Air Asia a big jump in profits for Bank of America Bloomberg's, Ed. Corry has, details American, consumers are borrowing more and that's leaving the higher profit for Bank of America the second quarter it's consumer unit posted the highest earnings at eight years. Helping the Bank to beat analysts estimates consumer loans rose almost seven percent, from a year, ago, second, quarter profits rose thirty three percent, from earlier as Bank of. America cut expenses. And like nearly all other big banks benefited greatly from the new tax law Bank has been, held in, recent years from an improving balance-sheet nearly all of the toxic assets from the financial crisis are now gone and rising interest rates Ed Corry Bloomberg radio.

United States Ed Corry Bloomberg Bank Of America Bloomberg Bloomberg World Trade Organization Airbus Bank Of America Bank Law Bank America Turkey Twitter Air Asia London European Union Canada Mexico Robert Lighthizer Joel Snyder China
British PM Theresa May facing potential pincer movement on Brexit

Bloomberg Daybreak: Europe

03:27 min | 2 years ago

British PM Theresa May facing potential pincer movement on Brexit

"Start your day let's get a check of the top headlines now with that christine harvey the editor who is live with us out of dubai this morning christine greats have you with us as always let's kick it off with brexit because theresa may's woes they are continuing as she's facing fresh attacks from four former ministers boris johnson and david davis plus this call for a fresh referendum talk us through all of the details here jeeze well there is so much to unpack as they're usually seems to be on a monday morning when it comes to brexit or just all the time general really so there's three things that are really focusing on here today and i guess that would be as you said some of the calls that we're seeing out there at a trails written over the weekend from boris johnson and david davis attacking that softer brexit policy that theresa may's out there touting but theresa may was out in the papers on sunday she spoke to the bbc's she spoke to some of the other papers basically saying that her plan is the only way forward when it comes to brexit and she was really encouraging britain's out there to just get behind the plan or face risking no brexit at all if they choose to act out and vote against her current plan in parliament we will get a sense of where she stands where the uk government stands on this softer stance on brexit this week when bills on a post brexit trade agreement and customs union returned to the house of commons the third the third thing really is that we're going to see theresa may speak to the farnborough airshow today she's expected to talk about brexit say that her plan will create jobs for the industry and she's also expected to announce some investment so those are some key things shaping up the votes that we see in the house of commons this week are really what's going to be crucial going forward for theresa may to get back to farm farnborough christine we we see typically a lot of contracts published here deals announced sales especially any news so far yeah so it's shaping up to be a big week for farnborough is one might expect out airbus seems to so far be dominating the headlines we got some reports of the weekend that it's close to a deal with air asia for twenty three billion dollars worth of planes also in final talks with jet blue about some orders and it confirmed that it's also security deal with taiwanese startup airlines star lux and so this gets the industry events off to a busy start remember this is when we see airbus and boeing usually go toe to toe for major deals in the industry is so it will be interesting to see what both of those companies are able to come away with especially as they're in a competitive environment these days also today we are expected to see the uk unveiled plans for a fighter jet that would compete with models being developed by france and germany this has been a topic of contention for airbus who was involved in the deal but may be adding more so that will be of interest as well there's going to be a lot that's going on yeah absolutely a lot that's going on and as you say that fighter jets is going to be interesting an interesting one to watch will the u k kind of go it alone in these brexit times we also need to talk about earning season us investors they're going to be focusing in on bank earnings once again this week this off today p morgan and citibank's slipped out on friday or they they came out on friday what are we expecting well when it comes to bank earnings there's there's so much that you can really focus.

Christine Harvey Editor Twenty Three Billion Dollars
Uber HR Chief Liane Hornsey Resigns After Investigation

Bloomberg Businessweek

02:19 min | 2 years ago

Uber HR Chief Liane Hornsey Resigns After Investigation

"President trump got a round of golf a scottish resort today he waved to year by protesters angry about the visit the demonstrators were able to get fairly close to mr trump and while the president today blasted the obama administration for not doing enough to stop russian election hacks in two thousand sixteen dan coats is director of national intelligence was sounding an alarm about russian hacking was in the months prior to september two thousand one when according to then cia director george tenet the system was blinking red here we are two decade nearly two decades later and i'm here to say the warning lights are blinking red again angelique kerber of germany's defeated serena williams to win the wimbledon women's crown this year novak djokovic plays kevin anderson for the men's title at wimbledon match tomorrow i'm mike morris and i'm susanna palmer from bloomberg world headquarters people familiar with the matter say airbus is closing in on a blockbuster agreement to sell twenty three billion dollars worth of aircraft based on list prices to air asia the new york times reports and other uber executive is under scrutiny for bad behaviour people familiar with the matter say on a conference call this spring with colleagues barney harford the company's chief operating officer critiqued a new ad that showed a mixed race couple he debated allowed how common the peering was among the audiences that would see it the us commerce department has lifted the ban on american firms selling products to china's z t e corp the ban was removed after z t e submitted the final payment of a one point four billion dollar penalty after pleading guilty to violating sanctions removing the ban on was a key chinese government demand amid escalating tensions between the world's two largest economies commerce secretary wilbur ross says he's selling off all his vast stockholdings this after news reports raised questions about the timing of some of his stock transactions and he received a sharp reprimand from the chief federal ethics officer well disney's seventy one billion dollar deal with twenty first century fox has won the endorsement of influential proxy advisers institutional shareholder services.

China Disney Wilbur Ross Barney Harford New York Times Bloomberg World Kevin Anderson Novak Djokovic Germany George Tenet CIA Mr Trump Officer President Trump United States Chief Operating Officer Executive Airbus Susanna Palmer
"twenty three billion dollar" Discussed on WTVN

WTVN

01:37 min | 2 years ago

"twenty three billion dollar" Discussed on WTVN

"Using twenty three billion dollars and snap benefits she said that the bill would kick two hundred sixty five thousand children out of the free school breakfast and lunch programs she also said that it would eliminate benefits for four hundred thousand households which translates into almost a million hungry americans overall fudge is urging republicans to come back to the negotiating table to make the bill better with the help of democrats a conservative leaning think tank in columbus says that ohio is in good shape and both ways of calculating unemployment ohio's unemployment rate last month comes in at four point three percent dr andrew kid is an economist at the buckeye institute hios economy is growing and those seeking jobs are finding them kid tells us ohio is seeing decreasing unemployment and a rise in labor force participation he claims ohio fared better than most states in maintaining a strong labor force jared adler news radio six ten wtvn toymaker hasbro is trademarking the smell of plato the company announced this week of the us patent and trademark office has officially recognized the distinctive plato smell as a registered trademark of the brand hasbro described the smell as sweet slightly musky vanilla like fragrance with slight overtones of cherry and the natural smell of a salted week based dough the senior vice president of global marketing for the plato brand says it trademarking the iconic sent will help protect the brand for years to come plato i hit the stores back in nineteen fifty six your abc six i warning weather forecast sun.

columbus ohio us hasbro buckeye institute jared adler senior vice president of globa plato abc twenty three billion dollars three percent
"twenty three billion dollar" Discussed on WJR 760

WJR 760

02:18 min | 2 years ago

"twenty three billion dollar" Discussed on WJR 760

"A twenty three billion dollar deal to by their rival end ever which will make them absolutely the world's top fuel exporter they'll make them the top refinery company in america and i'm wondering what will this mean for findlay ohio toledo ohio and detroit michigan well paul all three are gonna be very important to the future of the company has been decided we will maintain the headquarters of the company infantry ohio of course you'll having the largest refiner now you know one of the largest if not the largest companies in the state of ohio located in suddenly is is gonna be very strong for the community we have a number of employees that you know live up i seventy five even have employees that live all the way in michigan that drive down to san louis so it's it's going to be important for you know all of the communities in and around finley something very important for the detroit airport that is the main hub that we fly boys in and out and you know what we now will be going to the west coast with refineries and la san francisco and of course washington el paso texas so what we won't be having a lot of travel so it's gonna mean you know additional business for everyone up and down i seventy five well as one analyst said this creates one coast to coast boarded aboard refining and marketing company that seems wellbalanced with a pretty broad footprint and stockholders stockholders do as soon as i saw that you were spending twenty three billion dollars out of the checkbook the stock went down a little bit the end ever stock endeavor stock went up and i suspect this can only meet good positive things in the long run for marathon so congratulations to you well thank you paul you're you're right always in an acquisition uh doc will take a bit of a bump on on the first few days but in all the meetings the fundamentals the financial side we've had a very very positive remarks from everyone we've met with heading to boston later this morning.

company infantry ohio michigan san louis san francisco paul america ohio toledo detroit finley washington el paso texas analyst boston twenty three billion dollars twenty three billion dollar
"twenty three billion dollar" Discussed on WAFS Biz 1190

WAFS Biz 1190

02:08 min | 2 years ago

"twenty three billion dollar" Discussed on WAFS Biz 1190

"In a teacher hockey out of research at emirates nbd the gold sales send a very negative signal the property market is weak and it's just grinding along what is going to help catalyze economic growth look i haven't been very big catalysts that all our story for the for the uae was one of government spending and government investment in infrastructure being the driver for growth in the broader non activity sexes on the retail side specifically we've absolutely me impacted vat retail was one of the main sectors that actually passed on the full cost of onto consumers and so we've seen that being reflected in january and february data in particular but we've seen in much is already retailers are starting to adjust their prices downwards to try and encourage increased demand and try and move some of this stock so i do think that consumers are going to remain under pressure this e we've got not just high taxes in the form of et but subsidy cuts high fuel prices oil prices rise so generally the sense is that consumer spending is not going to be a big contributor to growth in the uae alvidi for this year we we're ready relying on government stimulus got the bill for the paint job that i just had done it home it's twenty percent and let's just talk about global trade we don't know where we're going to go we don't know where that's going to end up but if you look at the united arab hammers the united states is twenty three billion dollar export land for this country china is number two china china china is number two and this could be to the benefit of the aluminium plastics this could play to strengthen it could look about ten percents of the us aluminium exports or imports rather come from the east so it is a big market for us and we haven't been exempted from the new tariffs so if that comes in that's great but in the meantime we basically being priced out of the us market so that means that the supply of aluminium on the rest of the.

hockey uae united states china china china china twenty three billion dollar twenty percent
"twenty three billion dollar" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:45 min | 2 years ago

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

"End up but if you look at the united arab the united states is twenty three billion dollar export land for this country china is number two china china china is number two and this could be to the benefit of the aluminium plastics this could play to strengthen it could look that ten percents of the us's aluminium exports or imports rather come from the east so it is a big market for us and we haven't been exempted from the new tariffs yet so you know if that comes in that's great but in the meantime they're basically being priced out of the us market so that means that the supply of aluminium on the rest of the world's markets is increased the aluminium has to find new buyers which is going to put pressure it could be china but again you know china produces its own aluminium as well so i do think that net net impact is probably going to be negative from a price perspective i don't think that the volume of aluminium produced by the us going to change and i had a discussion with commodities analyst about this yesterday and his sense is that when you're looking at the volume number which is important for gdp we're not gonna see a decline in aluminium production the e but we will see the impact on profitability if the price is full and you're selling the same volume of stuff you're gonna end up with with less profit really it's always a pleasure having you on the show a pj media research and emirates and the here's what's coming up on bloomberg daybreak middle east the ruble has royal by russian sanctions we take a look at the impact on moscow markets across asset classes next this is bloomberg taken out so random walk through hot topics.

united states china china china analyst pj media bloomberg moscow twenty three billion dollar
"twenty three billion dollar" Discussed on FP's The Editor's Roundtable (The E.R.)

FP's The Editor's Roundtable (The E.R.)

01:37 min | 2 years ago

"twenty three billion dollar" Discussed on FP's The Editor's Roundtable (The E.R.)

"Salvi enough to fly on american flag a little bit higher than the space exploration but i'll be on the mashed together and i don't they go very much control over it and i think that be to preserve business interests at home i i don't see you know i don't see thank you the government following the industry on this one um i i i don't i don't i don't see the i don't see any government agency controlling what's going on here once it becomes a compelling interest to ignore it um money older papers one of my mantras any there's as law and national security as well over paper so if you know if there's a piece of paper stopping a lunar mining colony from turning over twenty three billion dollar hall being ain't nothing stopping um so i i think the industry one informs will probably went out and i think the geographic distance historically his only giving you as the explorer columnist trailblazing personally that's when you can make do you get the most latitude once you've proven it out and they try to reassert control bathroom your hot or colonial civil wars and your word the revolution and that kind of thing so that's it omically or physically so tied to me i it's it's it's part of that continued woman it's not part of the you know james qui kirk standing on the multicultural bridge necessarily i think it's it's probably more like a boardroom it's primor like alien where there's corporations resistant around and are playing it'll can can played a little fast and loose and set their own rules lanham um we're getting sorrier yaba.

Salvi space exploration yaba james qui kirk twenty three billion dollar
"twenty three billion dollar" Discussed on C-SPAN Radio

C-SPAN Radio

02:05 min | 2 years ago

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

"Systems and test new organisations what is the carrier strike group of the future what does it look like how much unmanned man teaming is going to be a part of it is center and you have to do more game in a concept development that costs money so there's to pressing questions for the navy and firm given our challenges right now i think i never given expected challenges and programmatic appeared do we do a bias towards capability or capacity new capabilities and new weapons and new organisations or just building the fleet and do we biased toward shaping the international bar or warfighting readiness to key questions on how you have to prepare to win and i would say we should not count on defence budgets big enough to address all five of the challenges i went over and you'll notice that increased capacity really doesn't help you there it's capability that matters and so take a look at where we are and that's why some team we got about twenty one billion dollars more than the obama budget all ask for and that was very helpful lobbyists go after immediate high priority readiness deficiencies and if way 18 we built a program and presented it to the trump administration based on five hundred fifty eight billion dollar base in a sixty five billion dollar oko budget six hundred twenty three billion dollars toll the trump administration submitted a president's budget but asked for five seventy four and sixty five or about sixteen billion dollars more than the programme we already have right now built now the nba of course the authorized since they don't have a checkbook and our unconstrained by any well let me say this a little bit different ways they are simply unconstrained former deputy defense secretary robert work bad of wanted a six twenty six basin a sixty six billion oko or.

president nba obama defense secretary six hundred twenty three billi five hundred fifty eight billi twenty one billion dollars sixty five billion dollar sixteen billion dollars
"twenty three billion dollar" Discussed on WRVA

WRVA

01:52 min | 3 years ago

"twenty three billion dollar" Discussed on WRVA

"Fair and balanced stay connected with 106 one fm tall can iheart radio station amani whitson good evening we got your weather channel forecast after the news to people were rescued this afternoon after a motorist endurance hit a tree and wound up in a pond the driver was trying to turn into the library parking lot on south allston avenue when she swab were she and her pregnant passenger were trapped in the partially submerged vehicle during police officers pull them out and it appears they're doing fine the twenty three billion dollar state budget vetoed yesterday by governor cooper is now law after both the house and senate voted to override the veto the governor says the budget does not spend enough on education but that's not true according to house speaker tim moore who tells spectrum new after this and 2020 the average teacher pay we fifty five thousand dollars we've continuously for several years now beginning teachers pay raises we were showing our investment in education republicans also say the budget includes tax cuts for nearly every one the fbi now involved in the search for a missing raleigh woman allison cope who went missing monday afternoon after taking a scheduled break from her job at rd you she left her phone and purse behind while her car is also missing longtime friend tells abc eleven i went is news solving adds up nothing nothing fits her personality of wool wa wa she would knew that nothing adsorb police are looking for her 2014 silver ford fusion it also has a window wrap of the nonprofit change of heart pit bull rescue rural roads in north carolina are deadly that's according to a nash sean transportation research group the state ranks third behind california and texas where the most fatalities on.

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"twenty three billion dollar" Discussed on WBT Charlotte News Talk

WBT Charlotte News Talk

02:16 min | 3 years ago

"twenty three billion dollar" Discussed on WBT Charlotte News Talk

"One and idyllwild road between matthews admit tell will keep the intersection closed for two months there will be access to businesses in the area but steven christopher tells wbtv that he still concerned about a salon even though he expects the roundabout will eventually be an improvement hodges hope that we can withstand the weeks and it's going the the closing it won't be extended asset point state officials say blyth construction must have the road back open to traffic in its final pattern by august eighteenth before the start of school mike doyle wbt news north carolina general assembly is finished voting on its two years the government spending plan and governor cooper now has ten days to decide on a possible veto beat twenty three billion dollar plan parents with margins large enough to override a cooper veto south carolina governor henry mcmaster promising to make myrtle beach safe again whatever it takes we will but we're going to do it all the governor on the grand strand thursday meeting with police and government officials there in the wake of a violent stretch and reach days six shootings in through day span including that wild shootout early sunday posted on facebook live video mcmaster not saying how much additional resources will be employed in the area but myrtle beach police say beefed up law enforcement presence is expected to last through labor day up next for the senate republican draft healthcare bill congressional budget office analysts be be reviewing the bill inessa thanked both on americans in the nation's finances with a report expected early next week senate republicans aiming for a final votes next thursday tax evasion travel for a former charlotte minister federal prosecutor say fifty year old time kunz failed to pay taxes and filed false tax returns kunst the minister it rockwell international ministry several two years ago now living in florida he's been ordered to appear in federal court in charter to answer to the indictment a jury will continue deliberations this morning in the trial of a third former vanderbilt university football player charged in the 2013 rape of an unconscious female student prosecutors have lied on graphic photos and videos of the assault some shot by brandon banks others by his teammates of fifty six year old man who played santa claus at a philadelphia department store facing a slew of felony charges police say william mckinlay traveled to of the philadelphia suburb to have a sexual tryst with fourteen girl he lured online this update brought to you by garage door guru best reputation.

hodges philadelphia football vanderbilt rockwell international ministr charlotte tax evasion senate law enforcement myrtle beach facebook south carolina governor cooper north carolina matthews william mckinlay santa claus assault rape florida tax returns kunz federal prosecutor myrtle beach henry mcmaster blyth construction wbtv steven christopher two years twenty three billion dollar