and europe that's particularly true the company's founder and c.e.o. has big plans to change that in an interview with the financial times c.e.o. richard lui discussed plans to expand in europe first in france then the u.k. and germany and then the u.s. all this year and yes they can and will compete directly with amazon the world's largest retailer lew says j.d. dot com will spend one billion dollars over the next two years to build up their logistics network in france and the company aims to generate more than half its profits outside china within ten years one major challenge for j.d. dotcom will be to match the speed of their logistics network in china which the company owns a big difference from amazon. and royal dutch shell and conoco phillips have both reported strong fourth quarter earnings stronger than in the last several years in fact as crude oil prices jumped at the end of last year shells q four profits more than doubled to three point eight billion dollars from one point five billion in the same quarter a year earlier even with that shell sa

and europe that's particularly true the company's founder and c.e.o. has big plans to change that in an interview with the financial times c.e.o. richard lui discussed plans to expand in europe first in france then the u.k. and germany and then the u.s. all this year and yes they can and will compete directly with amazon the world's largest retailer lew says j.d. dot com will spend one billion dollars over the next two years to build up their logistics network in france and the company aims to generate more than half its profits outside china within ten years one major challenge for j.d. dotcom will be to match the speed of their logistics network in china which the company owns a big difference from amazon. and royal dutch shell and conoco phillips have both reported strong fourth quarter earnings stronger than in the last several years in fact as crude oil prices jumped at the end of last year shows q four profits more than doubled to three point eight billion dollars from one point five billion in the same quarter a year earlier even with that shell sai

the c.e.o. has roughlily quit seller athletic wear said his behavior didn't live up up.pects employees to hold levelsher to the highest of respect and integrity. he fell short of the standards of conduct. happening to what is in the markets. .m. equities posted their biggest three-day slump amid oncerns over higher u.s. borrowing costs. to repeat n't expect 2013. gary dugan is still with us. just described to that view, gary? merging markets, much stronger than 2013 and even well before that. at gdp le will look growth in many of these countries and they far outpace u.s., even in e the u.s. where expectations will raised. eople think of it as a cornerstone rather than transitory we have seen in the past. clients can pull not off, again, down, but out is the key headline we've put up here because as much as latest seen the decline, this goes all the way back to the beginning of the year. be in positive territory on the emerging market index.y at what point does it become dangerous? can easily elloff trigg other reactions. it's easy to say look at global global. gary: i th

c.e.o. tom enders has about a year and change to go now the shake up is coming at a really strange time we have all these corruption allegations related to the use of middlemen in terms of plain sales and it's reinforced the french german divide. in the company so both governments of course have a stake in this now there's a french national is thought to be going because he failed in his bid to succeed anders who of course is a german national now investors have worried about how the management changes will invite political interference as of course both france and germany want to see airbus become a european vehicle against chinese and american competitors and they both want their own people to do it now some investors would actually prefer that anders is succeeded by by a person that is neither french nor german perhaps someone less considerate of national interests in talking about that is that really some speculation of any names floating around do we do we know any preferences in terms of succession well we already know who is supposed to succeed because you know that's given me far i'm ve

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c.e.o. is company has its eye on greece's water companies. many part of hell of. a lot from us you guys we've got book on the back of my because. i've been this is us to go out there now look you know look at the broader obviously the more you know the left. the flat most focused on you know. if you could easily missed all of them. and i started to use. you know. what that. may. not mean it will shock you but you will. have to get into. the country is now obliged to transfer all state owned assets to the super fund. a new anonymous company with a life expectancy of ninety nine years whose management board will also consist of representatives of lend us. the water companies are among those assets but the government still promises they will not be privatized. they need to go pieces then up the pm. show you may go straight to bed b.c. must then say good b.c. b.s. that i don't like and go to some extent but only get upset at the park yet if i see both the state or county sees that that is going to become piece of a part of the season if the internet is the piece that.

c.e.o. of a sin text firm that has a new round of funding. bloomberg. ♪ emily: apple in talks to buy directly frombalt miners, it is one of the largest users, used for the batteries in its gadgets. apple wants to make sure it has key battery the ingredient amid the fear of a shortage driven by the electric car build a canadian based advisor raised $51 million from power group. l the start up managing 65,000 in gers with room to grow sin tech. mike c.e.o. of wealth simple joins us. target audience is millennials, how does the cater to them. yep. our clientele are young professionals that are looking a different financial service than parents and grandparents, where people were xcited investing on relationships. clients are looking for something easy to tuesday. up online and gn download the app. talk about investing caters to the young audience, goals, people achieve with entertaining stories about other people, celebrities, and they deal with their money. emily: isn't the goal to make that's the end idea? >> absolutely. he key for us is thoug

c.e.o. is company has its eye on greece's water companies. then he bought a hell of. a lot for us because he got on the back of my because. i've been this is. a bit more you know i'm. just going you know. if you do. i must. be. you know. you. got me. you know. you're. going to be. the country is now obliged to transfer all state owned assets to the super fund. the new anonymous company with a life expectancy of ninety nine years this management board will also consist of representatives of lend us. the water companies are among those assets but the government still promises they will not be privatized so they need to go you've got these things up looking at it so you may go straight to bed b.c. must then say it could be e.f.t. that i don't like and go to some extent but only get upset at the park yet if i see . the state i only sees that that is going to be the best they see sniffing in at least a piece of it. to kratos from a loss who took part in the thessaloniki water movement became the alternative minister for the environment and was put in charge of water manage

c.e.o. is company has its eye on greece's water company's. many pot of hell of. a mystery guest we've got booked on the back of my because. i've been this is us they've got them now look you know from a bit more you know the lepto brought up. the fabulous you know. if you look each of. those i must ask. you to me have. you ever. gotten it so you don't know don't stop it or not make it maybe i will skip class but if you're. going to. the country is now obliged to transfer all state owned assets to the soup. fund. a new anonymous company with a life expectancy of ninety nine years whose management board will also consist of representatives of lend us. the water companies are among those assets but the government still promises they will not be privatized. they need a guy who got these men up ok it show you may know it was cheeky bet the same as they say it could be he he asked me that i don't like out on boats i've been able to get upset at the park yet if i see both the state i only see the noted piece of above the seas fifteen at least a piece that. crosses from

c.e.o. is company has its eye on greece's water companies. are many part of hell of. a lot from us you guys we've got booked to buy long to come up because. i've been this is here. you know it's a bit more you know. it was i must. be as. you. would for. me. you know. that's what you. have to do to. the country is now obliged to transfer all state owned assets to the super fund. and you anonymous company with a life expectancy of ninety nine years whose management board will also consist of representatives of lend us. the water companies are among those assets but the government still promises they will not be privatized. they need to go you've got these things up looking at it so even a people who are sticky barely seem as they say it could be yes. like outvoted also mckibben we get upset at the park yet if i see. the state i only see going to the seas fifteen at least a piece of it. to cross is from a loss who took part in the thessaloniki water movement became the alternative minister for the environment and was put in charge of water management following the state

c.e.o. is company has its eye on greece's water company's. many pot of hell of. a mystery guys who got. mad because. this is. a bit more you. must go you know. if you each of. us. should be is that. you. get with. me or you don't stop it you're not me. it's. the country is now obliged to transfer all state owned assets to the super fund. the new anonymous company with a life expectancy of ninety nine years whose management board will also consist of representatives of lend us. the water companies are among those assets but the government still promises they will not be privatized. they need to get these things up to keep it out also even a good. sticky betty c. must really say it could be she is happy that i don't like and go to some of them but only get upset at the park yet if i see both the state i see going at it piece of a part of the face fifteen at least a piece of it. socratic family us who took part in the thessaloniki water movement became the alternative minister for the environment and was put in charge of water management following the state's council's decision he's trying

c.e.o. toby ascribes has been refining the technology for fifteen years he wants to see an end to animal testing. experiments conducted with our equipment less costly than animal tests. they save time which is also a cost factor for a company for instance when it wants to know quickly how a new product compares to the competition. and you have to bear in mind the animal testing can last months if not years our alternative method is significantly faster and cheaper. so why are research institute still testing the effect of korra missions on primates animal rights organization has long called for a rethink has that happened. you know just being told is to far just the opposite there's been a huge rise in animal testing but in germany alone three million so-called laboratory animals die in experiments every year. it's as though there were a basic principle in the industry no animal gets out of the lab alive more than two thirds of the animals used in laboratory tests are mice followed by rats fish rabbits and birds in the e.u. testing on non-human primates requires a special permit so they're used

c.e.o. tom enders has about a year and change to go now the shake up is coming at a really strange time we have all these corruption allegations related to the use of middlemen in terms of plain sales and it's reinforced the french german divide within the company so both governments of course have a stake in this now french national is thought to be going because he failed in his bid to succeed anders who of course is a german national now investors have worried about how the management changes will invite political interference as of course both france and germany want to see airbus become a european vehicle against chinese and american competitors and they both want their own people to do it now some investors would actually prefer that anders is succeeded by by a person that is neither french nor german perhaps someone less considerate of national interests in talking about that is that really some speculation of any names floating around do we do we know any preferences in terms of succession well we already know who is supposed to succeed get him a foreign i'm very sorry from a french pro

c.e.o. for a long time he has been of queues of he has been accused of not having done enough to really bring light into the whole affair and make sure that it's found out who really was responsible for the cheating ok while b. diesel gate fingerpointing continues what about a diesel ban what's that going to mean to the carmakers because surely that's going to cost them. yes it is definitely going to cost them. car makers themselves and investors are afraid of this it's very difficult to estimate at the moment how much money this will really cost i found one so that talks about fifteen billion euros of cost but that's probably not enough if we consider that the cost of converting a diesel car to the new high. are standards one of those cars where the car makers cheated costs between two thousand and three thousand euros per car and that we have at least thirteen million diesel cars out there not so old ones which would have to be people who use diesels in germany not just motorists but also garbage collection services trades people and bus companies conrad i'll have to leave it there there's

administration has threatened to take buyer products off the market there the regulator says production processes of buyers older medications have been substandard since january two thousand and seventeen c.e.o. vanno polman is tackling the problem but by or has had to set aside several hundred million euros to cushion the effects of any sales or production shortfalls the company is also spending a fortune buying up u.s. herbicide and seed manufacturer monsanto the deal came with a price tag of fifty five billion euros to be funded largely from equity and bond issues buyer is also having to shed assets from its crop science division such as seed production to allay competition authority fears and thirty countries all of them have to give their blessing to the deal the european commission's verdict is expected in april. right now by its biggest project is the monsanto takeover. though it's also under pressure from the f.d.a. to modernize. and franks it has its own potential challenges. after britain leaves the e.u. it will become harder to license medications in the e.u. and in britain but by can at least fall back on bulging tougher as and it performed well in two thousand and seventeen like

the board of wells fargo has been replaced. the c.e.o. was fired. the federal reserve capped their growth all under existing authorities. but under this motion to recommit potentially other financial institutions could be included and it's not the financial institution that counts at the end of the day, it is capital that could be used to fund car loans. it is capital that could be used to fund homes. it is capital that could be used to fund the next apple or the next amazon, and instead, that capital would be put onto the sidelines. again, we are talking about operational risk capital only and should it be calibrated for current risk or past risk. that is a completely different issue from ensuring that customers of wells fargo, who clearly have been wronged, that they receive justice and that wells fargo has been held accountable. . and again i would point out, you know this might not have happened if the cfpb under the previous administration had been doing their business. they should have caught this. but they didn't. instead it was the "l.a. tim

administration has threatened to take buyer products off the market there the regulator says production processes of buyers older medications have been substandard since january two thousand and seventeen c.e.o. band of oman is tackling the problem but buyer has have to set aside several hundred million euros to cushion the effects of any sales or production shortfalls the company is also spending a fortune buying up u.s. herbicide and seed manufacturer monsanto the deal came with a price tag of fifty five billion euros to be funded largely from equity and bond issues. buyer is also having to shed assets from its crop science division such as seed production to allay competition authorities fears and thirty countries all of them have to give their blessing to the deal the european commission's verdict is expected in april. right now fires biggest project is the monsanto takeover. so it's also under pressure from the f.d.a. to modernize and breaks it has its own potential challenges. after britain leaves the e.u. it will become harder to license medications in the e.u. and in britain but by our can at least fall back on bulging coffers and it performed well in two thousand and seventeen like

c.e.o. goodman do fredrickson has gone through a challenging times to get to the present stage what has been achieved through our cargo community is a proof that harmonious resettlement can be achieved in publishing in the head of united nations and trivedi gave his vote of confidence to the company for its human rights approach the first time. a national corporation like this supports the resettlement of communities it is the first time it has happened in pop when you get in my experience dame carol kidu was forgiving clarifying she was simply standing up for the settlers from a human rights perspective maine a long journey i had journey and it is a time to celebrate. you have come a long way with a company that has shown that it. is that means the idea one community. one day i am a little in his one time a little company because when i get money the nice. i'll pay more ten thousand and i seen. this money and wait wait. wait they just come in and i say we'll give you this much she smiled. faintly occasions are these. just to be followed. this is six miles every hour. development companies w

c.e.o. of dime learn he still has over a year to go that actually has the time needed most supervisory board chairs need one or two days at the headquarters of their company to do this alongside his duties of time work. in frankfurt to enjoy the last day of qana well if you can thank you for now. thank you i will. first they moved to the retail network on the i and now they bring networking into the retail sector china's internet companies are working on a fully digitalized shopping experience supermarkets without any stuff. this in conspicuous structure is actually a mini market. located in a commercial district outside beijing it's fully automatic there's no staff. it's a market of the future. here customers use an app to access the store locate products and pay for them so much eventually. there are five security cameras watching the store if a customer shoplifting or tries to leave without paying the customer service center reminds them to pay. the store contains typical many market items snacks drinks and hygiene products customers come from nearby offices during their lunch break. each

has been turning tound the hospital kitchen. >> i thought it was bad. >> reporter: after dr. bruce murphy the hospital c.e.o. od was too institutional. >> food that has been prepared elsewhere, cannned, open the bag nod serve to people and warm it up. not fresh food, not vibrant food. >> reporter: hospital food. i it's hospital food and we wanted to change that. >> reporter: he demanded that ingredients be fresh, the food delicious, oh and one more thing. >> he wanted to have authentic japanese ramen. >> i was being a little selfish because i love ramen noodles and i figured everyone else would love ramen noodles. >> reporter: he discovered his love for the dish wail traveling on asia. >> i didn't think twice of where to go to learn to cook ramen, it's tokyo. we have to go to tokyo. >> reporter: so for a week chef coby visited the doctor's favorite ramen shops and met with their chefs taking notes and videos along the way. >> these guys do the same job every day over and over again for 30, 40, 50 years. they take their craft so literally and they are so, it is an honor for them. >> worth it. >> reporter: once

still reeling from revelations achieved an emissions test has questioned the idea or perhaps more likely the expense of installing new hardware c.e.o. saying we are in general ruling out hardware upgrades not only due to the effort that would be required but also because of questions over its effectiveness. germany has come under increasing pressure from the e.u. to improve air quality the government is exploring a variety of measures to reduce pollution that with the image of the car industry already badly damaged the idea that taxpayers should bear any financial burden for dirty details is not going down well in many quarters. of more on this let's bring in our financial correspondent who's in frankfurt for a start you here in germany i mean diesel has provided a little compensation for the car owners affected and now potentially it could be the taxpayer footing the bill i mean surely this must be going down very well for the car industry. yeah it sounds like a really good deal for the carmakers and what i'm also hearing from investors that they are actually liking the idea because this at the end is going to mean less money that

billion dollars last year this as the on demand taxi service has a real from scandal and legal troubles including shareholders ousting c.e.o. travis colonic last june optimistic after improved fourth quarter results new management says the company is still on track for an i.p.o. next year. this conspicuous structure is actually a mini market located in a commercial district outside beijing it's fully automatic there's no staff stores like this are being touted as markets of the future the idea is simple customers use an app to access the store locate products and pay for them. security cameras watching the store. for customer shop lives. without pants the customer service center contacts them to remind them that they have to pay. the store contains typical many market items snacks drinks and hygiene products most of the customers here come from nearby offices during their lunch break. each item is priced electronically and purchases are completed with the payment app. yes . i like shopping this way and no one watching you find what you need and then you pay. bingo box in beijing is just one of several start ups developing

c.e.o. of great healthworks. this man hasreer to improving health and fitness, and he created a

new york state attorney general has filed a lawsuit against the weinstein company alleging it failed to protect its employees against former c.e.o. harvey weinstein feinstein was one of hollywood's most influential producers before more than seventy women accused him of sexual misconduct including rape allegations he has denied lawsuit has stalled the planned sale of the company for five hundred million dollars so the headlines keep it here how does or world this next. in asian. countries. the. free stuff. i. have been moving around there was illegally. is to be an illegal in africa is to behave in a euro. white can hear us in a place called the ukraine it is in is time. before i was in a crate i was in russia. before all was in africa i was in. for always in off the coast in somalia if i was in somalia i was in my mother's womb. i live is going to stun a new beginning it's up to us it today is my first day on live in the bend it. in. my life a little that hadn't been easy when i was in ukraine my mind was total both quit but. god had other plans. and then i was told i was lucky too good to see at the members in the mosque in q

would leave among the general public bunch of bank's board of directors has been giving its you on last year's earnings here's what c.e.o. john cryan said. this is yes it is the third loss in a row. for however it is also first pretax profit since twenty fourteen shots at some just cretin. only without the one of hit we took as a result of the u.s. tax reform we'd now be reporting a net profit of almost one billion euros. so john prine giving some explanation for the largest loss last year in german of all things an hour for some more analysis let's bring in our correspondent daniel cope who is at dodger bank headquarters daniel is the just the impact of the u.s. tax reform that is hitting the larger banks bottom line here. well jon cryer was very clear that those numbers are certainly under the expectation they were really hoping for more mostly of the fourth quarter was very difficult for georgia bank and yes there is saying that is this is mostly because of the tax reform in the united states without the tax reform they would have made nine hundred million euros but also he was saying that even this would not have be

ealy because he's only stepped down less than 24 hours ago, and the wynn board of directors has named a new c.e.oath eye maddux. the feeling i'm getting is they hope to continubusiness a usual, but it's very difficult to fill the shoes of steve wynno so who everybody has respected over the years who has had that creativity to build what is-- whis today's las vegas. >> and lastly, just quickly, what areng the oing investigations, and what might they be looking into? >> these are being conducted by three regulatory organizations-- the nevada gaming control bo the massachusetts gaming commission, and the regulatory body in macow. also his own board of directors is conducting its own in-athouse investn. what they want to do is find out exactly what happened, if anybody-- if there were some breakdowns within the company in terms of reporting to h.r. some of the these things that were going on. and it's possible that the regulators, the gamin regulators, could penalize mr. wynn even more. they could revoke his license. they could fine the company a large sum of money, like seen figures. >> all right, r

general electric has announced it will overhaul its board by reducing the number of directors to twelve down from eighteen a year ago the changes that g.e. are happening as c.e.o. and chairman john flannery is planner planning majoring restructuring as reported before that could include breaking off some major divisions flannery has pledged to remove at least twenty billion dollars in assets from the company's balance sheet. a statement released from the weinstein group says that the bankruptcy is imminent following the collapse of talks with an investor group about selling the company harvey weinstein the co-founder and former fierce force in hollywood who last year fell from grace due to sexual misconduct spurred the demise of the once powerful company that he and his brother bob built the company's statement said quote while we recognize that this is an extremely unfortunate outcome for our employees our creditors and any victims the board has no choice the two brothers started their rise to the excess with the former company dream works which was later sold to disney with the best picture winner of one nine hundred ninety eight shakespeare in love. and her

c.e.o. let's check in with katie that has more from new york. katie: thanks, mark.rump is calling out democrats over daca, the program that keeps young immigrants from being deported. in a tweet he said that democrats obstructs and does nothing. he is giving congress march 6 to fix daca. and several dathes days at a site between a truck and train carrying dozens of republican members of congress. they won't have a probable cause for several months. one person in the truck was killed. minnesota congressman jason lewis was briefly hospitalized for concussion. india has hit apple and other mobile phone makers with higher tariffs. it will rise from 15% to 20%. that may hurt apple's ability to compete in the fastest growing smartphone market. they have been negotiating with lower tariffs on certain components. and british prime minister teresa may has reopened the brexit fights. she has vowed to extend it until 2021. they said they should stick to the original cutoff date 2019. global news powered more than 2,700 journalists and analysts in more than 120 countries. mark.

has been fitted thousands of underserved children in palm beach. lastly, the charles perry young alumni visionary award recipient, manny varas, class of 2010 and m.b.a. in 2014. manny, the president and c.e.o. of m.v. group is a full service construction company and has made great strides in the early stages of his career. these individuals, mr. speaker, and many other distinguished alumni honored this year exemplify what it means to be an f.i.u. panther. their service to the betterment of our community makes them invaluable and deserving of this great award. i congratulate them all and go, panthers. thank you, mr. speaker. the speaker pro tempore: the gentlelady yields. the chair recognizes the gentleman from california, mr. ruiz, for five minutes. mr. ruiz: today's valentine's day. children will pass around cards and candy at school. young men and women will gather the courage to speak to their crush. and many couples will get engaged to marry. i sent my first valentine, my mother, flowers, and i will spend this evening telling my wife, monica, and my girls sky and sage, the many ways that i love and appreciate them over face time. but for many, today is not a joyous day. there are too m

reeling from revelations of cheated in emissions tests has questioned the idea or perhaps more likely the expense of installing new hardware c.e.o. mathias miller saying we are in general ruling out hardware upgrades not only due to the effort that would be required but also because of questions over its effectiveness. germany has come under increasing pressure from the e.u. to improve air quality the government's even been mulling plans to ban diesels from some high pollution areas but with the image of the car industry ready badly damaged the idea that taxpayers should bear any financial burden for dirty diesels is not going down well in many quarters. of more on this let's bring in our financial correspondent who's in frankfurt for us daniel here in germany i mean diesel gate has provided a little compensation for the car owners affected and now potentially it could be the taxpayer footing the bill i mean surely this must be going down very well for the car industry. yeah it sounds like a really good deal for the carmakers and what i'm also hearing from investors that they are actually liking the idea because this at the end

has made school heating and cooling projects a priority andm district leadership for maintenance problems. >> we resort to a knee-jerk response of it must be mismanagement. >> yang: sonja santelises is the c.e.o. of baltimore city public schools. >> baltimore city has more needk you can't t underfunding twr numbers of years and then say for a year owe're going to give you 10 million more and that makes up for then millions ullions of dollars that the school system didn't get. i think that's a bit disingenuous and it's overly simplistic. >> yang: she says part of the problem is how the state awards maintenance funding. districts with cash on hand can pay for repairs and then ask for reimbursement. but baltimore schools often can't afford to pay for those projects up-front. >> we're cing with a guess where other counties are coming with a receipt. if i'm going to ke l sponsibility for improving the maintenance of schildings the oversight of those school buildings then quiterankly others need to take responsibility for making sure the investment and the funds are there. >> yang: a 2012 district report found 69% of schools are in" very poor" condition. and estimated it would take $2.5 billion to