vision of the north american free trade agreement on sunday just short of a deadline imposed by the trumpet ministration the trump white house reportedly hopes for a vote on the treaty updated an updated tree in this congress but many legislators doubt that a vote before twenty nine hundred will be feasible the new tax has planks to please all sides including measures to bring more car production to the u.s. and mexico and canadian concessions on dairy issues for the u.s. side to tout canada's negotiators for their part succeeded in preserving the text of nafta as chapter chapter nineteen which governs extrajudicial disputes settlements finally the arena deal is renamed the us mexico canada agreements and also involves u.s. pledges to not hit canadian audio imports with new tariffs it's unclear though how much canada can rely on those pledge ans pledges given that the u.s. also says the question of whether new metals terus from the u.s. will apply to canada and that will be settled on a separate diplomatic track. c.e.o.

elon musk is no longer the chairman of the board of the company he helped to found in two thousand and four mr musk agreed to resign and as chairman and other conditions in order to settle a lawsuit by the u.s. securities and exchange commission or f.c.c. into possible securities fraud the f.c.c. opened their investigation last week into tweets musk sent in august about taking the company private if and when the stock price reached four hundred twenty dollars musk tweets were apparently aimed at harming short sellers of tesla stock mr musk will remain as chief executive at tesla and the company has effectively built its brand around the erratic south african billionaire it is unclear whether the tesla board will step in to check mosques and pulse of behavior as seems to be inviting them to do or whether tesla can survive without musk's celebrity aura.

and we are here at the forbes under thirty summit in boston and we're pleased to be joined by steve the lensing who is the c.e.o. of growers he's out of north carolina and boy what he's doing is interesting theories combining technology and agriculture stephen welcome welcome to boom bust thanks for having me and stephen how do you merge agriculture and technology what's your secret sauce so we hire a company that takes all the data that's being generated on the farm whether it be for machinery or for something some soil sensors that we're mapping so we're called cross the country and work coupling that with a platform that we've built that analyzes all of that data and the soil that it came from to make recommendations really on how to proceed i see place seed and fertilizer what inspired you to just to do this so i grew up farming in south dakota and then when i went to school in north carolina state university was there

started a soil testing laboratory that right there was just a a business opportunity to get into the private solar water testing space and it was there that i realized there's a better way to make recommendations on fertilizer if you can actually use and understand the data that's coming from the farm where the soil is placed and so we developed a new way that kind of reinvented sole fertility recommendations and essentially rewrote the agronomy handbook using a farmer's own data as opposed to the traditional method which is you know universities and you know kind of independent researchers which is based on really small plot data we essentially turn the entire world and that's why and when we talk about what you're doing it of course reduces the amount of inputs whether or not it's more besides your pesticides it makes it more efficient effective use of the soil but it should also result in greater yield so right yes so the key word really is optimizations. and so we you know we think that farmers are just like you

know human beings are we all over compensate for a lack of information. and the data that we're you know pulling out from the farm in the delivery into regulations been historically unavailable to it's fragmented it's hard to analyze it's hard to view hard to aggregate if we can do that it helps them optimize literally everything that they apply on the farm which includes you know capital to so not only optimizing capital resources but also seed and fertilizer and chemicals as well and so when you do that you profitability is a very nice byproduct of better optimisation of resources the entire planet is full of soil so theoretically you know you could do this on a lot of places around the world where they are are forming right that's correct so the unique thing about agriculture is like every plant that's grown on you know on earth requires the same sixteen you know micro and macro nutrients just the variation in the amounts is different so you know corn is corn whether it's planted

in iowa or is central america and so our technology and our science supplies and works just as well there as it does in the morning no mater here it's just a matter of the ease of house actively innovation that we can capture the data and that becomes a challenge and more of the third world kind of countries in developing countries but it's getting a lot better what is it that you actually need to do what you need the technology do you need a big expensive piece of equipment either a tractor or combine and the supercomputer what do you do you see so the technology and the equipment is you know housing the or the technology has the equipment really is the limiting factor for the scaling of this type of product or service and that the new technology or the new equipment has been manufactured has all of just tons of sensors that are capturing all this information it's all tagged with this first you know precise latitude longitude location with the g.p.s. you know absent that information you start to have a much bigger you know more of a data set so it is a challenge but it is getting better. well that that cost is significant if it's

you know if it's going to be that that that amount of money then i guess we have large corporate agriculture in the u.s. we're moving more towards that for better or worse but a.d.m. and cargill bunky eccentric but by the same token you know i can see where perhaps non-governmental organizations or others might pool resources and sort of have a co-op to afford this more expensive equipment and then be able to do using some of the the places where they might not have the money of the u.s. or perhaps you're right. it could be substantially more so i mean just a an average you know grain combine this year you know with the euro and put a new header on you're probably looking upwards of four hundred fifty thousand dollars for a one piece of machinery that you only use you know two weeks out of the year. and you know the tractors the sprayers the planners they're all right you know right around that level you probably can even touch this type of technology for now if

you had to start from scratch for less than a million dollars so you know you know as daunting as that may sound it's amazing you know how broadly adopted it's become you know in some of these other other regions but what are the major challenges that you had that are confronting you it wasn't the challenge that the big problem in agriculture not problem but the challenge for a business in agriculture is that it's very cyclical and that you only get one cycle per year right and so as we're developing products and technologies and iterate the new things you get to test one of those things per year and then you have to wait twelve months to figure out how effective and successful you were and so the adoption process in agriculture is by nature much much more slower than any consumer product where i can sell you something you can try and you can tell me if you like and then maybe buy a begin it just takes a long time and that's i think been one of our advantages in the space honestly is that we've been here for you know eight plus years doing it there's been a lot of new exciting technologies. that have been you know brought into the ag

tech space that we're competing with almost but. the history that we have in agriculture is really helping now kind of separate us from our competition now steven you told me before we start started doing the interview that you were actually profitable and that is a different that a lot of the folks at the four hundred thirty summit here who are startups are looking for money and bravo for you but share as much as you're willing to share about how you're doing as a company yes so it's we started eight years ago so we've been at this for a while it's been a you know pretty long hard slog and been very fortunate to grow in scale you know in the past five to six years pretty significantly so we're thirty three people now headquartered in raleigh north carolina and we have a technology development office in seattle and then a few remote field offices in the south southeast and kind of southwest right and last question what are your goals what are your challenges where do you see

yourself going in the next few years here stephen so we we have raised a little bit of capital as we've kind of tried to do aggressively scale some of our technology products but one of the things that we did that really differentiate ourselves was sell a higher value products and so that helps you generate more revenue quicker but the catch is you have to be able to deliver high value so we've been really focused on delivering that high value experience and high value was sold to the farmers and they're willing to pay for it that's the important part so if you can have you know keep your customers pleased and get them to continuously pay you year over year that's the trick you know generating a sustainable revenue. and stephenville once in the c.e.o. of growers are north carolina thank you for what you're doing we wish you well with your company but we also wish you well because it'll help farmers and will help the environment and the planet thank you stephen good luck. good stuff from boston but stay tuned because when we come back we'll take things back. to

beantown to take a look at the event with christiane and then we explore explore the fascinating world of what could be a huge breakthrough in the health industry and as we go to break here are the numbers at the closing bell. the way to the united states is dangerous for most of the illegal immigrants. crossing. the road a simple i want you. to sum this up but if many of them look for refuge in the so-called sentry sides the drifter used to share information about undocumented migrants with federal authorities the last person asked bank. policy to more no.

less than the one that. they can watch as they all choose to stay in the country with donald trump in the white house. also if you have to be about to do. a sit sit struggles of many couples. the push to put impulse both of you out to do it most of the. same wrong. roles just don't call. me. yet to shape out these days become agitated and engaged in equal betrayal. when so many find themselves worlds apart we choose to look for common ground. kinds of financial for. about money laundering first to visit this cash industry

different. good this is a good start well we have our three banks all set up here maybe something in your something in america something overseas or the cayman islands or do we do all these banks are complicit in the kleptocracy we just have to call and say hey i'm ready to do some serious money laundering ok let's see how we did while we've got a nice luxury watch for max and for stacy oh beautiful jewelry how about. luxury automobile again for max do you know what money laundering is highly illegal. watch guys record. join me every thursday on the alex simon show and i'll be speaking to guests of the world of politics or business i'm show business i'll see you then.

we'll come back the irish data protection commission or d p c is willing to investigate last week's massive data breach at facebook a spokesperson for the d.p.c. said in a statement on saturday that the commission is concerned about the delay between discovery of the breach on tuesday and public disclosure from facebook on friday the p.c. also says it is concerned about facebook's failure to clarify the quote nature of the breach and the risk for users at this point the d p c's official inquiry under authority of the european union's general data protection regulation could result in fines of up to four percent of facebook's net global revenues that formula would yield a fine in this case of just over one point six billion dollars as first reported by the wall street journal. and now we take you from washington back to boston to catch up with bart and the boom bust team bart what's the energy like there right

now. daniel it is super exciting here all the entrepreneur is the venture capitalist lots of folks we've got senator flake from washington governor k. six from ohio even the mood scared she was here earlier lots of things taking place but it just got a lot more exciting right here where i'm standing because we're joined by christiane counterpart at our finance expert christy i was not able to stay up as late as others last night i know there were some great acts on the main stage there you were here tell us about it as we had hard a.v.m. arsenal make a very special. parents for us last night i was super exciting but also the start of a pub right behind me that's actually where a lot of the action is taking place there are a ton of new thought leaders coming into this space right now and i was able to go to the start of how to check out a lot of the new companies that are emerging there is maggie who's started up next the nitty tack and she's doing amazing things with b r n a r technology helping

people with mental illnesses and disorders so what they're trying to do is make suicide prevention a thing of the past so they're taking that into the hands of technology and so there's also no bank as well banking the unbanked they're doing some very cool stuff with zero eight payments as well and disrupting the entire banking and can take and history and as well as a ton of new black chain technology companies as well emerging in the space and getting to the unbanked with no fees as one of the attributes that you and i talk about a lot of the attributes of crypto but they're doing without crypto right and they're doing some partnerships with crypto and with master card as well but that's those are features that are coming up we've got to get we've got to get people back and finally what are you looking forward to coming up in the future here well we have jeremy a lier right now the c.e.o. of circle he's going to be talking about the new stable point that he actually just launched in the u.s. d.c. so they just launched in last month actually so it's a very new feature that he's trying to disrupt there which as we know has

a very questionable reputation so we're very excited to see what he has to say about that and then we also have the co-founder and c.e.o. x. that's a point that i've been following for years now the co-founder of zero x. is coming to speak and he's going to mean debuting his c o x point which is going to be an open source protocol for the decentralized exchange and that's one of the things you mentioned chatter but there really needs to be a stable stable coin us and we don't have a really great one out there a lot of people are looking waterproof those are looking for sort of a benchmark so that's pretty important isn't it yeah absolutely so right now they have a consortium behind this new stable point that is supposed to be backing and acting as a regulator they're saying that they're going to be completely different than us to tether. as they're going to be opening their entire books to the odd one thousand and one hundred thousand animators so that you know particle which is small sticks to the receptors and the cell starts pulling it in and actively transporting it into itself it's almost like how a virus works but we don't use fire allegedly like innocence and you know you

mentioned leukemia but. divider is too right so this this could be a pretty important deal i mean to give you an example if you want to make someone either immune to or resistant to an existing infection and they should be there are known ways to do that so there are actual viral entry mechanisms that use this bias of this receptor for example called c c r five and it was discovered that in people who are resistant to hiv they have a mutation in their receptor so you can actually create that mutation in your blood cells and your immune cells to confer that resistance just as an example of how you would treat that so there are various companies that are trying to basically cut out the viral genes from these cells right but ultimately it needs to livery in order to see under what your background what inspired you to do this so i'm a biomedical engineer with a background in baie maybe

a week we design something that's hard it's. very precisely and delivers one or more or a dozen different genetic reprogramming instructions on just single genetic diseases and immunotherapy isn't really extends into regenerative medicine and the disease is well under have never met anybody and hopefully i will in the future but i've never met anybody who has a delivery guided nucleus thank you so much for the forward thinking and what you're doing that's andrea watson the founder and c.e.o. of like thanks andrea. that's it for this time thank you for being on board we sure had fun we're going to be doing more of it in the coming days but always catch. embossed on direct t.v. channel three twenty one dish network channel two eighty or streaming twenty four seven on pluto t.v. that's the free t.v. app channel one thirty two or you can catch as always at youtube dot com slash boom bust r.t. so on for now.

is a. church secret indeed catholic priests accused of sexually abusing children can get away with it literally i like to call this the geographic solution so what the bishop needs to do then he finds out that the priest is is a perpetrator is simply moves him to a different spot where the previous scandal is not the highest ranks of the catholic church conceal the accused priests from the police and justice system to that of that's known as the i intend them to learn how to do this out in the. south.

by other measures i think. civil war in africa's newest country claims close to four hundred thousand lives according to the u.s. funded report the question is the initial support for.

also. a struggle between empathy and law unfolds in italy as a pro refugee placed under house arrest for allegedly helping illegal immigrants live report just minutes away. and the people's republic of. a prominent conservative party politician in the u.k. is under fire after making that insensitive quip about libya. is there a plan b. . what does that have to do is frankly i don't mind.