the department of commerce. his department of commerce will be making the decision. we were ready for the call when he was coming so we had to conference with secretary raimondo and on the other line was senator lindsey graham, congressman jim kleinman and yours truly. and so, we recited the facts. we explained all we were doing and how we anticipated this and we were way ahead of everybody else. at the end of the conversation, senator graham started cutting up and before long we were laughing and joking and just having a delightful time. and secretary mondo says this is quite unusual. i have never had a bipartisan conversation like this in my career. i said, that's the south carolina way. we know the demand for trained ev workforces are outpacing the number of qualified applicants manufacturers like bmw, mercedes-benz, volvo cars and scout motors will need a highly specialized and trained workforce of almost 20,000 south carolinians. they will need them soon to meet this demand. my thicket of budget recommends

of commerce. a highly specialized training workforce of almost 20000 south carolinians and will need them soon. my executive budget recommends $50 million degree specialized ev training institutes at the technical college campuses which is the best technical college campus in the united states. let's talk about is for a moment. we've gotten where we are without them and we do not need to know. we are a right to work state, the lowest union membership in the country. carefully through education training and business recruitment to earn her record of prosperity and will continue to preserve and enhance it. our prosperity and generations of south carolinians to come basic clear and present danger from the big labor unions they've crippled and distorted congress industries cities and other states. you are familiar, is taken years but they've managed to do it now their membership is at an all-time low so now they are looking at us and over southeastern states none of which want or need labor unions. in

we are talking about eliminating the department of commerce. under the executive branch. and for a president who has already been targeting journalists rhetorically, for him to come and now take these other agencies under the executive branch under the unitarian executive theory, it >> here is what is amazing, though. this plan is not secret. this is a publicly available documents. what does that tell you, ahmed, about these plans? >> there is a tone of arrogance really that they thought they could write this down, go into a room, and send it out. personally i've been doing a lot of reporting on it. it really just goes to this idea that trump has that he is going to be in this desperate state. right now, he is literally on trial. criminal, hush money trial, as we speak. essentially, they are putting this out there because they think they are smarter than the american people. they think they can put this out here and really rile up the base and get that base corralled around them. they are basically putting out a call because as ruth said, they

they have to hit phases of contracts with the department of commerce.iss they will not get all the money. they are hitting a lot of targets. if they execute they could get $6 billion, not a lot compared to the massive expenditure there putting into arizona and it will be good. intel is expanding. samsung the other chipmaker is expanding, so it's very good for the u.s. chip ecosystem but we need to see how it will play out because engineers are more expensive than korea or taiwan, so the cost will be higher in clients like apple, nvidia and amd will have to wear the cost. lizzy: chicken feed if you are tsmc. tim culpan, thank you for breaking down latest numbers. mazda ceo says there watching issues caused by batteries shortages and exports from china. the ceo said the charges have grown after the baltimore bridge collapse. >> at the moment, uh -- our team has been working with baltimore to find out ports nearby for investors. we are working for alternative ports. we have on the east coast, jacksonville, to minimize the delay to the customer. that is the

and thanks to lieutenant governor tolan and the department of commerce more businesses are opening in smalll towns across our state should. cherryville recently secured a $400 million soybean crushing plants near kobe, the current family farms be cutting the ribbon on their dairy plants this spring. and some will soon finish its facility expansion. what we know we still have many more issues to address. small towns struggled to attract the workers they need. safe, affordable housing is hard to come by while property taxes continue to climb. too many of our kids and our grandkids move away from home insearch of better opportunitie. and tragically we are losing too many of our farmers and ranchers to suicide. many of you know this, like me you are talking every day with kansans all over the state who are worried about the future. that future, the future of real kansas is what i want to address this evening. because a strong spr is a state over all, if we are going to reach new heights we cannot just support growth in overland park, in wichita, and in lawrence. cardinal city, independenc

and thanks to lieutenant governor and the department of commerce, more businesses are opening in small towns across our state. cherryville recently secured a $400 million soybean crushing plant. near colby, mccarty family farms will be cutting the ribbon on their dairy plant this spring. and summit truck bodies will soon finish its facility expansion. we know we still have many more issues to address. small towns struggled to attract the workers they need. safe, affordable housing is hard to come by, while property taxes continue to climb. too many of our kids and our grandkids move away from home in search of better opportunities, and tragically we are losing too many of our farmers and ranchers to suicide. many of you know this. like me, you are talking every day with kansans all over the state who are worried about the future. that future, the future of rural kansas, is what i want to address this evening. because as strong as we are as a state overall, if we are going to reach new heights we cannot just support growth in oberlin park, in wichita, and in lawrence. garden city, indep

defunding the doj, eliminating the department of commerce.ftc and fcc under the executive branch and for a president that has already been targeting journalists rhetorically, for him to come and take these other agencies under the executive branch it is concerning. the broadcast license we have especially here at msnbc and otherwise, could be targeted . that is one step of a dangerous authoritarian agenda. >> this plan is not >> reporter: paris has never seen anything like it. and in 100 days, we will all get to share in the celebration. keir simmons, nbc news, paris. >> our friend keir simmons and the city of light to take us off the air. tonight. and on that note, i wish you a very good night. from all of our colleagues across the networks of nbc news, thanks for staying up late. i'll see you at

the department of commerce promises 17,000 construction jobs and 4,500 well paid jobs in texas. the samsung award is the latest in the series of handouts from the biden administration to rec rec re recrvitalize the manufacturing america. intel and tsmc are getting the highest awards over $6 billion. if you add that up, it is $27 billion allocated to firms in america. some are not necessarily american, but all with the goal of bringing chip hfmanufacturin back to america. making 20% chips in the united states while countering the technology rise in china. we know china has thrown a lot of money into their chips programs, too. >> we are seeing the moves for the etfs moving higher in the pre-market. what impact do you expect for micron? >> reporter: micron is the competitor. they still have not received funding. will they be next? they have a plant in boise and new york. they are anticipating funding. samsung is bigger when it comes to memory chips. even in the stock reaction, this was priced in. we knew itwas coming. there were leaks in the last few weeks. samsung in suouth korea

the plan is run out of the commerce department. idea is to make sure that every american has access to high-speed internet services. but we are already starting to see some issues. congress made an important decision to proceed on a technology neutral basis. doing so is vital through clearing the goal of advancing every american. but there were policy cuts that have additionally raised the cost of connecting americans. you can see in this heavy thumb they put on the scale for fiber and some other decisions that have raised costs, including unions, preferences for government run networks. while we have clearly set the goal in allocating funding to get the job done of connecting all americans, the policy cuts are holding us back. you are starting to see evidence of that. a number of states have raised their hands and indicated that the amount of money that they are going to get from b.e.a.d. is not going to be enough to connect all unserved locations in their states. this includes places like california, new mexico, and minnesota. th

we've been in contact with technical parts of the government like nist, department of commerce, who ischarged with leading the technical overlays of what those efforts may look like, so that will be important. more practical reality is the roles of the companies to play. ai companies are thinking about this. there is some wild stat about every election occurring this year at every conference. ai companies understand that. you see it happening in countries already, tooling around with generative ai is not something that will be novel in a few months. the companies get it. the conferences talk about agreements to better understand and take action around these issues. the companies creating this tech are starting to think about it, which is helpful. i encourage them to continue. suzanne: i want to give you an opportunity, a big part of dhs mission, we've talked about clinical work with state and local election officials and federal partners, vendors and the folks involved in the infrastructure and the importance of communication but a big part is communicating with the public. you've talk

of commerce it may need to block tech exports to the company.ld not use chinese technology, opening up the space for microsoft to come in. and of course, it has the blessing of commerce secretary gina raimondo, guys. >> g42 was using chinese technology? >> they were. and they were involved in chinese -- >> they're a uae company? >> they're based in the uae. there are concerns for us here in the west. >> exactly. and so what we saw over the last several months was the u.s. kind of come in and flag that saying, hey, we might put some export limits on what technology u.s. companies can do. and opened up this deal. >> correct me if i'm wrong, one of nadella's great signatures has been azure, right? >> 100%. that is, before this ai stuff, that was the business, yes. >> exactly. that was the motor of the stock price gains. as a percentage of revenue, what is assure, do you know? >> we don't know. they don't break it out. they lump it all in to their entire cloud business. they tell us how much it grew year over year but do not tell us from what base.

trustees of the department of the ministry of commerce of the central bank have tasks that, god willing , during a program, which this document is now a 10-year program, to upgrade the exchange department and to the minimum share that is intended for it. in the short term and in the long term, we have prepared one of the plans, and in this regard, we also forecast the actions that we will actually complete within the next few months and we will inform the authorities about the development of the operational plan for the development of ta'aboun sector. there are more than 30 or 40 sentences in this document. imported for different devices it has specified tasks for the operating banks for the areas of the government outside the government. well, these tasks should be compiled in detail and in the form of a written program every year in every geography in the province , where we should reach and what is the task and duty of each organization so that there is a possibility of demanding it and finally evaluation and let's measure where this issue is, which we hope for, god willing. with the

we need a department of innovation and technology at the same level of the department of education, agriculture, commerce. it is amazing we are in the 21st century and we don't have this department so that things like section 230 can be regularly updated in terms of interpretation or with mark zuckerberg and others testifying by internet -- about internet and children safety. we could update the regulations on a regular basis if we had an executive branch department whose job was to focus on these things and do that. host: impact metrics, what are one or two laws you think would do very well in those metrics from the past 10 or 20 years and what are one or two you think that it was a failure? guest: that is a great question i have never had before. i would've focus on poverty. i am a fan of these were on poverty that we implemented in the 1960's and have been upgrading since but we haven't been asked about whether it has worked or not. our food stamps actually working? there are research projects that are brought up my academic ranges of various colleges and universities but is it generating th

there's always the possibility that the commerce department could clawback some of the money.cron doesn't meet the goals that it said it would come of the u.s. government has written into statute that they have the ability to take the money back. there are lots of strings attached for these companies. that's why it takes so long to hash out these agreements. it will be important to watch over time when the money starts flowing out the door. haidi: mckenzie hopkins there with that story. more head on daybreak australia. this is bloomberg. ♪ to me, harlem is home. but home is also your body. i asked myself, why doesn't pilates exist in harlem? so i started my own studio. getting a brick and mortar in new york is not easy. chase ink has supported us from studio one to studio three. when you start small, you need some big help. and chase ink was that for me. earn up to 5% cash back on business essentials with the chase ink business cash card from chase for business. make more of what's yours. wealth-changing question -- are you keeping as much of your investment gains as possible?

after the scandal, turkish journalists sent an official request to the us department of commerce.nswer, but the names of officials who communicated with businessmen disappeared from the department’s website. however, calls from western partners for the turks to break all ties with moscow have been coming for a long time. in some areas of turkish business work is underway to circumvent sanctions. and to limit this kind of circumvention, we need support. main suppliers to russia of goods and technologies prohibited from export to our country due to sanctions. but after turkish companies were blacklisted, the volume of trade with russia decreased sharply, in particular, according to the turkish ministry of trade, the export of turkish goods in the first quarter of this year fell by a third, and the potential loss... is estimated at a billion dollars, so , gegor valeevich, turkey is really somehow turning away from us, should we worry about this? no, actually, when you talked about multi-vector, yes, but now i’ll quote you, you used, you respect me, i respect you, you and i are respec

provides recommendations to improve the effectiveness, efficiency, and impact of department of commerce programs and so forth and for other purposes. the presiding officer: without objection. the senate will proceed. mr. whitehouse: i ask unanimous consent that the committee-reported substitute amendment be agreed to, bill as amended be considered read a third time and passed, and that the motions to reconsider be considered made and laid upon the table. the presiding officer: without objection. mr. whitehouse: i ask unanimous consent the senate proceed to the consideration of s. res. 664, submitted earlier today. the presiding officer: the clerk will report. the clerk: s. res. 664, recognizing the designation of april as community college month, and so forth. the presiding officer: without objection. the senate will proceed to the measure. mr. whitehouse: i ask unanimous consent the resolution be agreed to, the preamble be agreed to, and that the mentions to reconsider be considered made and laid upon the table with no intervening action or debate. the presiding officer: without object

commerce department codify one subset of authorities back in 2021.e 2ie is not necessary to fill any gap in authority. indeed, specific ccp aligned companies mentioned in the fcc or the fcc own database of isp's shows that they are not offering anything that would qualify as broadband service today subject to title 2 even after reclassification or take consumer privacy. the fcc already regulates isp's in their privacy practices, indeed, this very moment broadband consumers benefit from the same set of federal privacy consumersonrotect across the economy but those material rules go away with respect to broadband when the f cc votes here for title 2. that's because by law the fcc loses 10% of its authority over any service that's regulated by the fcc under title 2. in turn the title 2 decision would leave broadband consumers with no privacy rules to protect them because congress prohibited the fcc from applying its own privacy rules for any similar ones to isp's in 2015 and the fcc claims there's residual 222 statutory that would applies to isp's. i th

the department of commerce, and this office is going to pull together a number of things that's going to be a essential hub for communication and try to maximize the impact of all of the initiatives and focus specifically on -- on empowering rural communities to streamline efforts all allocate and rural communities who are supporting community development. but we won't be doing this thing alone. this new office is going to work with community organizations, businesses, local governments -- and other state agencies that develop comprehensive long-term strategies that are tailored to those communities. so excited about that as we're driving the msi further into rural areas. fun announcement we're moving ahead this is first time in a long time but we're creating new state park. in north dakota our newest one george one of north dakota most scenic treasures, if you've never been to the gorge i encourage you to get there and thank the legislature with 27 million dollars for maintenance and upgrades to infrastructure -- and the visitor experience across 14 state parks that saw near record v

so that is what everyone is saying in the us commerce department of course is supporting that announcementnet yellen�*s been in china to smooth some feathers in that sino—us relationship. give us the latest on that. she was there _ give us the latest on that. she was there for _ give us the latest on that. she was there for four _ give us the latest on that. file: was there for four days. give us the latest on that. 5ie: was there for four days. it is described as a charm offensive, it is her second visit in nine months and possibly her last as the treasury secretary as the upcoming us elections. she used the visits to men made high—ranking officials but didn't insert words while she was there. she warned china against overcapacity in its manufacturing sector, saying it was producing too many batteries, ev solar panels in order to meet demands domestically. she said that destroys us jobs because of the flood of chinese import. china was not happy with those comments with officials saying that the us is being protectionist and that the focus from the us and europe was misguided. all in all,

parliaments, heads of chambers of commerce , that is, their economic government departments, and businessmen, as i said, we have nearly 160, 70 high-level economic officials. at the level of the deputy minister and above, first , first. we have started with the chambers of commerce. well , this is a serious story. the chambers of commerce have been active for months . we have sent invitations and calls to all the provincial chambers and attracted people in our specialized chambers. because this is an event that i mentioned, we are specialized really looking for top exporters we were a country that could have a good show of iran's capabilities, so there was no need for public calls for this, the space we have is 40,50,000 square meters. if we really want to show iran's capabilities, even a fraction of it, maybe several times this, up to 10 times this, we need space to introduce, that's why we tried to introduce the sample exporters that we had in the database, the chambers of commerce. we invite the introduction of these in a specific way, and if they are accepted, and alhamdulillah, how many

of commerce. mr. martinez. oral argument of roman martinez on behalf of the petitioners martinez: mr. chief justice, and may it please the court: for too long, chevron has distorted the judicial process and undermined statutory interpretation. it should be overruled for three reasons. first, chevron violates the constitution. article iii empowers judges to say what the law is. it requires them to interpret federal statutes using their best and independent judgment. chevron undermines that duty. it reallocates interpretive authority from courts to agencies, and it forces courts to adopt inferior agency constructions that are issued for political or policy reasons. in doing so, chevron blocks judges from serving as faithful agents of congress. it mandates judicial bias and encourages agency overreach. and by removing key checks on executive power, it threatens individual liberty. chevron also violates the apa. the most straightforward reading of section 706 requires de novo review of legal questions

>reed>commerce department >>says gdp only grew 1.6%. in the 1st quarter a slowdown quarters. quarter. still, economists say they're not worried. we ><<>are still seeing consumers >>spend they're just not spending at the same clip that they it clear or all of last year. >reed>so economists say the job market still healthy >>wages are up in americans continue to shop all signs the core economy. remain strong, despite the fact that we've seen so many layoffs recently >reed>here in the bay area in the tech sector >>back in its heyday, blockbuster video had 9000 stores globally. hiding registered customers these days. only 1 >reed>store remains that's in oregon, but the blockbuster >>saga is now getting a sequel. and it's happening right here in the bay, a new free it's like the lending libraries that have become >reed>quite common for books. but this >>time it's for movies. a former blockbuster employee set up the 1st ever in l. a. and since it's become a fad ><<>spreading across the country, even internationally, it just takes us back to being, you know, 56 years old again at ho

the chamber of commerce of our country in the meeting of the social commission in order to determine the accuracy of this discussion, because the opinion of dr. ghalaf, the honorable president of our parliament , was your discussion, which we must discuss, phenomena and indicators. in fact , let's consider the private sector in this law. since we are talking about the previous discussion, now you said that the commission did not come to this conclusion on thursdays. there are many other reasons . the other reason was that it was not actually in the government bill . we have the government layer, we have an opinion , here we can't have a person's opinion except for the government layer, which caused our commission on thursday, well , that's what i'm saying. this is the layer that sends content every 48 hours the representative has the right to make a proposal, that is, you say that the social commission of the parliament did not cause it , but a series of them clearly say let's go back to saturdays . on saturday, the representative did not make a proposal. we did not make a proposal i

commerce and industry. recognition of visas, the department is now working on technical nuances, thatrussia, tourists can travel to belarus vice versa. creating comfortable living conditions is the number one task for the regions, this applies not only to the economy, but also to the social sphere. construction, housing, including for large families, for example, a whole microdistrict has grown in gorki in a few years, as well as the development of education. health care, future champions are raised here, how the city lives, plans for the future of the northernmost city of the magel region in the panoramas section, a place to live. the city of gorki, with its half-thousand-year history , is inextricably linked primarily with the belarusian state agricultural academy. who doesn't know bgs is the largest and oldest university in europe and the cis, and today it remains the main supplier of personnel for the agro-industrial complex. there are about thirty specialties, including we train technicians, agronomists, and engineers. not only belarus, for example, from china, african states, ru

right now, the percentage is zero, so the goals that the commerce department has set up for these investmentss to reach about 20% of global capacity for advanced semiconductors by 2030. and this is a big step in that direction. it's notjust investments coming from the outside, in this regard, the us is investing in itself. $6.6 billion as part of the chips act. this is a significant amount of money, isn't it? you have to put this in some context, though. other countries, like taiwan, likejapan, like south korea, they been investing in their semiconductor industries for a long time, so this is the us finally playing the game of investing in this type of manufacturing which requires — in most cases requires some government investment to defray the cost of these facilities which has reached something like $40 billion for the most advanced semiconductor manufacturing facilities, so government assistance here can be crucial to sort of making the facilities more viable commercially. us treasury secretary janet yellen has wrapped up four days of meetings in china with a warning that the us will not

right percentage is zero, so the goals that the commerce department has set up for these investmentss to reach about 20% of global capacity for advanced semiconductors by 2030. this is a big step in that direction.— 2030. this is a big step in that direction. it's not 'ust investments i that direction. it's not 'ust investments coming h that direction. it's notjust investments coming from | that direction. it's notjust i investments coming from the outside in this regard, the us is investing in itself. this is a significant amount of money, isn't it? ., ., ., , , isn't it? you have to put this in some _ isn't it? you have to put this in some context, _ isn't it? you have to put this in some context, other- in some context, other countries like taiwan, like japan, like south korea, they been investing in their semiconductor industries for a long time, so this is the us finally getting in the game of investing in this type of manufacturing which requires in most cases requires some government investment to defray the cost of these facilities which is something like $40 billion for most

these sto last quarter, the commerce department says the economy grew 1.6% in the first quarter of 2024. that's the slowest pace in nearly two years and well below economists estimates. but the commerce department says the measure of inflation, called the personal consumption index, surged 3.7% in the first quarter. that is an index that's closely watched by the federal reserve. >> so when you have inflation higher than growth, that's a recipe for what's called stagflation. that's what's scaring people. probably shouldn't worry about it too much right now, but i think that was underlying the concern on wall street today. >> mcbride said that the underlying economy remains strong, with low unemployment, rising wages and consumer who are continuing to spend money despite inflation. well, the dow was down 375 points, a drop of about 1. the nasdaq off by 100 points, the s&p dropping 23 points. shares of meta, the parent company of facebook, were down more than 10% over concerns over whether its big investments in ai will pay off. >> open seating has long been a feature on southwest airlines

and the commerce department is at the red hot center of technology. >> and at the red hot center, a globalondo, when russia invaded ukraine. >> the commerce department stopped all semiconductor chips from being sold to russia. every drone, every missile, every tank has semiconductors in them. and you know, lesley, you know we're being effective because shortly after we started that work, we heard stories of the russians taking semiconductors out of refrigerators, out of dishwashers. >> what? >> out of breast pumps, getting the chips to put them into their military equipment. >> however, the russians are now working their way around this. >> they are. >> successfully. and they're doing better in the war probably because of this. >> you are right in what you say. >> but, she says -- >> it's absolutely the case that our export controls have hurt their ability to conduct the war, made it harder. and we are enforcing this every minute of every day, doing everything we can. >> these are some of the enforcers. >> pushed to talk about our controls of russia. >> raymondo's team at commerce that mon

in exchange, the commerce department is awarding tsmc with $6.6 billion in subsidies.r its production timelines have been delayed, partly because of uncertainty about when it would receive funds under the us chips act. paul triolo from the albright stonebridge group consultancy says the us is making huge strides to bring chip production onshore. it is a huge step forward. i think one official characterised it as the biggest foreign direct investment in greenfield's facility in advanced semiconductors in us history. so it's a big step on the way to the us trying to onshore some percentage of global capacity in advanced semiconductors. right now, the percentage is zero, so the goals that the commerce department has set up for these investments is to reach about 20% of global capacity for advanced semiconductors by 2030. and this is a big step in that direction. it's notjust investments coming from the outside,

the commerce department. anything else? unrelated to netel neutrality cn you comment on the allegations that they sunk the dealal by putting influence on the chair and lawmakers? >> i saw a headline of this report before the meetings. i think i voiced clear that the fcc laid out there and should have been handled differently but without having for the headline, nothing at this point. ♪♪ ♪♪ twenty years as editor of the american scholar in 30 years teaching in the english department at northwestern

in exchange, the commerce department is awarding tsmc with $6.6 billion in subsidies. have been delayed, partly because of uncertainty about when it would receive funds under the us chips act. paul triolo from the albright stonebridge group consultancy says the us is making huge strides to bring chip production onshore. it is a huge step forward. i think one official characterised it as the biggest foreign direct investment in greenfield's facility in advanced semiconductors in us history. so it's a big step on the way to the us trying to onshore some percentage of global capacity in advanced semiconductors. right now, the percentage is zero, so the goals that the commerce department has set up for these investments is to reach about 20% of global capacity for advanced semiconductors by 2030. and this is a big step in that direction. it's notjust investments coming from the outside,

we need a department of innovation and technology at the same level of the department of education, agriculturemmerce. it is amazing we are in the 21st century and we don't have this department so that things like section 230 can be regularly updated in terms of interpretation or with mark zuckerberg and others testifying by internet -- about internet and children safety. we could update the regulations on a regular basis if we had an executive branch department whose job was to focus on these things and do that. host: impact metrics, what are one or two laws you think would do very well in those metrics from the past 10 or 20 years and what are one or two you think that it was a failure? guest: that is a great question i have never had before. i would've focus on poverty. i am a fan of these were on poverty that we implemented in the 1960's and have been upgrading since but we haven't been asked about whether it has worked or not. our food stamps actually working? there are research projects that are brought up my academic ranges of various colleges and universities but is it generating the re

indeed the commerce department codified one such set of authorities in 2021.o title ii is not necessary to fill any gaps in authority. indeed, the specific ccp all lined companies mentioned in the fcc's order, the fcc's own database of isps show they are not offering anything that would qualify as broadband service today subject to title ii even after classification. or take consumer privacy -- the fcc already regulates isps and their privacy practices. indeed, this very moment broadband consumers benefit from the same set of federal privacy rules that protect consumers across the economy. but those federal rules go away with respect to broadband when the fcc votes here for title ii. that is because by law the fcc loses 100% of its authority of any service regulated under title ii. . in turn, the decision would leap -- to protect them. congress prohibited the fcc from applying its own privacy rules or a similar one to isps in 2017. the fcc claims there would be some residual section 2022 statutory privacy -- that could applied isps. i think that assertion is d

the uae chamber of commerce, this is a good capacity for economic networking. this forum is a very good opportunity to meet and network members of the department. who are the representatives of the private sector, in order to facilitate the flow of cooperation in the private sector, i am happy that you dear behraman, the vice president of the iranian chamber of commerce, said in this meeting that the private sector can strengthen the solidarity of governments for international cooperation. 35 asian countries are members of the asian cooperation dialogue forum, which has been chaired by iran since last year. in iran since 1985. in fact, general policies the purpose of principle 44 is to make the role of the private sector in the economy more colorful and pursue economic strengthening with the private sector as its focus . therefore, in my opinion, this summit has an important role. it is asia mohammad ali sohilpour, radio and television news agency, isfahan. 7 people, including a child, were killed in shooting by unknown persons at the worshipers of a mosque in

in a new report by the board it called a breach of officials at the state and commerce departments preventibleslamming the tech jiemgt for its cyber security lapses and a deliberate lack of transparency. the board is recommending microsoft voep and make security focus reforms across all its products. >>> and former president trump's media company is suing its co-founders. in the suit filed in a florida civil court it is seeking to ban wesley moss and androulla tin ski from appointing members to the company's board or from owning any of its shares. they claim a company they founded guarantees them an 8.6% share of trump's truth social.com. >>> we've got a lot to get to including the big word investors need to know. >>> plus a new round of potential shares higher. >>> a different story for intel getting hit at "opening bell" as the company faces a new hurdle in its costly comeback plan. >>> later on in the final act, we get the investor perspective on disney, apparently locking up the support it needs in its boardroom battle with nelson peltz. we've got a busy day ahead when "worldwide exchange"

lauren: commerce department awarding the chip maker 11.6 billion in subsidies and in grants to build out its arizona factory to make tens of millions of chips for artificial intelligence by the year 2030. stuart: out there in the future. okay. kroger. lauren: they were cut to equivalent of sell saying the grocery industry is tough, the stock is going to 48, which is a decline of 16% from friday's close. stuart: ferrari, don't tell me they're coming up with an electric car. lauren: yes. fourth quarter of 2025, it'll be the first fully electric super car, but china might beat them to it. byd is also working on this. bloomburg is reporting that ferrari is opening a new lab for lithium battery cells to launch the world's first full ev super car. stuart: byd is not ferrari. never will have the name. lauren: they unveiled high performance evs to take on ferrari and lamborghini. stuart: i can't wait. thank you, lauren. coming up, la laura trump said there's five key states donald trump is zeroing in on for 2024. which states they are. the coach of the university of south carolina women's ba

the commerce department reported costs of goods and services were up nearly 3%. you speak to why inflation is a serious concern for america's and what do you think washington should be doing about it? is there anything individuals can do to protect them selves? >> it is a brilliant question and the answer is pretty obvious. we went through the worst crisis in world history since 125 years ago. it is a miracle that we are still standing. the economy stopped for two years. the fact that the president and his administration overheated all that stimulus and i see it differently. we only have 3% inflation coming out of that is unlivable. we have the fastest growing economy in the world. the only stable economy in the world. the most diverse economy in the world. we are taking care of who drive that economy because 70% of this economy is consumer spending which is you and me paying for coffee, going to lunch, so forth. to see interest rates come down a cliff that will signal everybody. the bones in the economy are strong. the gas pump is all these things that the presi

, from the commerce department, from the labor department. and like look at the landscape of policies, programs and procedures and make sure that we have a hospitable infrastructure that allows older people to work in dignity without actually hastening their death in their morbid, morbid ity. because that's what we have now. we have people stooping and bending who are 68 and we're amazon warehouses and know from the literature they'll die sooner or be disabled sooner than they otherwise would if they had retired. and then the whole other part of the chapter of that section, chapter is about what we need to do with social security and what we need to do with pensions. and i can just land there. social security needs more money. we are past the moment that we were in the and in the eighties and as recently as the trump administration in talking about how to cut benefits and raise revenues that were passed that people don't have enough, there's no room to cut social security. the average benefit is about 1100 dollars a month. now, that hasn't ke

right percentage is zero, so the goals that the commerce department has set up for these investments

chamber of commerce just signed a new lease for a multi-use office space.take advantage of downtown san francisco's bounce back program. the officer. the office is at bush and montgomery. it will house the yes sf and red bay coffee shop. it's a partnership between the chamber of commerce and several larger local businesses, meant to highlight the potential of running a business in san francisco. no. >> all right. it's coming up on 817. right now. sal is back. he's in a traffic center this morning. tracking trouble spots like this one back here. yeah, exactly. >> i would say that that's getting a little better. slightly. andre and garcia, it will probably take another half hour or so, but i think that if you wait around, it might be better for you. we haven't had any major problems, and that's always good. sometimes i'm sitting here talking about the same issue for an hour or so. thank goodness we haven't had to do that. 880 is getting a little bit slow as you drive past the coliseum, which is not unusual. eastbound 80 at the toll plaza just got word of some

look at this, 2019 commerce department statistics the revenue of multinationals are 573 billion whichrategic competition we can afford to pull them out of their but the earnings were 38 billion which is not a meaningful number in the macroeconomic picture. you have a lot of individual companies tied into this and it should not slow down u.s. policy when the time comes to get serious. in the absence of government, doing anything. all of this risk is on the corporate and on the shareholder. a think people have to make their own decisions yes are not going to get it from the top. this is really about corporate decision-making. maria: thank you very much will breaking news. were going to jump. jonathan ward, j.p. morgan wells fargo hitting the tape, right to cheryl casone with the numbers. >> let's start with j.p. morgan. wells fargo the stock is down 3%. i'll give you wells fargo first, they came in at a dollar 23 was looking at $1.11. that's down 5% from last may before and how%. revenue coming in 28.6 billion revenue estimate for wells fargo 22-point to billion. net interest income cam