when businesses go out of business, they don't wake up the next day and think they'll start their business again because things are better. when they are gone, they are gone. we are seeing that at an increasing rate in the city. i don't want to push it over the edge with a piece of legislation that while well intended, it is one that is such a radical change in behavior that while i would love to see his take a leadership position, i do not want to do it at the expense of the business community here in san francisco. >> commissioner laguana? >> one thing i have been relieved to hear from all parties is there seems to be a general recognition that we have to move this direction. we've got to make changes in society, we have to make changes in culture. we have to do something aggressively about making things better for the environment. i think even among the folks, that we have heard from today, that are in opposition to the legislation, it was encouraging, refreshing to hear that they have made efforts to reduce their waste and by the same token, it was encouraging and refreshing to hear fo

and women of color are launching businesses 4.5 times faster than all businesses. the discouraging news is that nearly half of aspiring women business owners report a lack of available meantors. we must take action to break down the barriers hindering their success. that is why it is imperative for us to pass this legislation today and ensuring access to mentorship and professional guidance to this group of entrepreneurs. this bill builds upon their success by creating uniformity for w.b.c. and increasing maximum grant levels to ensure they have the resources to meet demand for their services. we all agree that women business owners offer invaluable contributions to our economy. and by passing this bill, we are standing with women. i urge members to support this bill. and i yield back the balance of my time. the speaker pro tempore: the gentlewoman from new york yields back. the question is will the house suspend the rules and pass the bill h.r. 4405. those in favor say aye. those opposed, no. in the opinion of the chair, 2/3 being in the affirmative, the rules are

that leader ends up in front of businesses which is not good for business.s a consumer, i bring this cup with me everywhere i go. i bring it to the airport, i put it in my backpack, i do that for my son, i do that for my husband , and just yesterday when i was in a business in my neighborhood, having lunch, my son who is five, could not use the chopsticks, so they brought him a plastic fork. instead i pulled out my own reusable fork, from my purse. while i do not mind bringing my own cup everywhere i go. when i choose to dine and, it feels like a burden that i my own reusable cup. that seems like there is a plate that they are cleaning, there's is a cup are cleaning -- >> thank you. next speaker, please. >> good afternoon, commissioners. i know each one of us over here has a story. i truly don't. i am a small business owner, in san francisco, but let me tell you some of the things i'm sure you already know, and if you don't maybe i can refresh your memory. our labor costs in san francisco in the last four years went up 30%, according to the labor board. in 2

. >> i don't have cars, but i have a good business. >> but you don't have cars! that the business! >> no, i'm done arguing with you. >> he spent so much money building the most opulent dealership i have ever seen that now he can't afford to buy cars or pay bills. if i can't stop the wasteful spending... what'd you spend on these walls? >> $100,000. >> wow. and sell some cars... >> i won't sell it. that car's worth 30 all day. >> athans motors will be out of business. my name is marcus lemonis. i fix failing businesses. this month you lost $150,000. i make tough decisions... you're not gonna come behind every single person and change the deal. >> i didn't agree to this [bleep]. >> and i back them up with my own cash. if you're not gonna put your pride away, well, then i'm not gonna do the deal. it's not always pretty. >> are you okay? >> end it. >> but this is business. you gotta trust the process. i do it to save jobs, and i do it to make money. >> that's all you. >> yeah, buddy. this the profit. [hip-hop music] ♪ 10 miles outside of my hometown of chicago, located in morton grove,

in these businesses. unless you have high individuals, that is the only way to finance these businesses. >> thank you, senator. the topics of today's hearing are important to me as new jersey is in the midst of a large medical marijuana expansion. i have concerns that canada's >> and cannabis related businesses will continue to find themselves shut out of the financial and insurance systems. for example, if an insurance company is required to offer under state law, the insurer faces a serious of fundamental conflict between state and federal laws. to end the confusion and legal exposure that arises from the conflict between state and federal insurance laws. mr. chairman, i would like to introduce a letter of support into the record. >> you can say anything you want, mr. chairman. >> thank you. when a local business obtains a commercial loan from a financial institution, is a common practice for the bar to obtain >> certain types of insurance? >> yes, and it depends on the type of business and the type of

popcorn does more business. it has more profits. but you're in the crepe business?> you're correct. >> look, the bulk of the earnings are coming from the popcorn business, but she continues to be distracted with funnel cakes and crepes. if she just focuses on the popcorn business and nothing else, she will make money immediately. >> this is thy kitchen. this is where we make popcorn. >> when you have a cash business, you better have tight inventory controls. in this kitchen, i see inventory everywhere, bags of popcorn with no codes on them, no tracking mechanism so i know what we have and what we don't have. see, they look at it as popcorn, but i look at it as bags of money. >> my mother works here, sharry. >> hi, sharry. i'm marcus. >> i'm so happy to meet you. >> nice to meet you. how much money has she borrowed from you? >> oh, i took a-- >> she took a second out on her house, and the total was about 100,000. >> well, i don't know. i owed 125,000 on my home, and now i owe 250-something. >> so that's more than 100. >> and then she owes me 10,000 from my personal a

lemonis: don't you think they need hein the business, not out of the business?: i understand where you're going. lemonis: i'm not trying to go anywhere. i'm not seeing you helping them put food out or clean up. ewell: no, i'm a p.r. guy. just doing that simple facebook thing boosted their business. lemonis: but they only have 3,000 likes on facebook. the real help they need is in their daily operation. expansion is great, but they have to get this one right first. you want them to run a profitable business. ewell: i want to see them get their systems in order. lemonis: are you gonna help do that? ewell: like you play to your strengths, i want to play to my strength. lemonis: once i can get comfortable that the processes are right, then i'm fine with opening up the floodgates for you to do some marketing. but first things first. ewell: i have a different vision than you. lemonis: you do? my vision is that somebody needs to manage the place. ewell: you need to open your eyes a little bit. lemonis: i need to open my eyes? ewell: yes. lemonis: i'm open. what am i mi

but she's the business owner, and she needs to be where the business is.se people need leadership and they need supervision. >> what's up with tom? >> tom says he's willing to move. >> i can't imagine, in a million years, that tom would move to waycross. he likes the city life, and he likes the rolexes, and he likes to be a big shot. >> you think he was lying? >> he does that a lot, so-- >> he does lie a lot? >> oh, god. >> has he been lying to me? >> oh, no, i'm just saying that i would believe it when i see it. >> and wa--his girlfriend's there? >> where? >> in tampa? >> oh, i don't know. i'm the type, i don't do any drama at all. >> yeah. >> tom was just--took advantage of a situation. he would've hooked up with anybody. like i tell him, he'd have hooked up with a girl that had no teeth and whatever if she'd have came onto him, 'cause he knew that would never, ever--he would never, ever have a chance with me again. you're a [bleep] scammer and a liar, [bleep for a minute, shut up! (client's voice) remember that degree you got in taxation? (danny) of cou

>> shop and dine in the 49 promotes local businesses and challenges residents to do their business in the 49 square files of san francisco. we help san francisco remain unique, successful and right vi. so where will you shop and dine in the 49? >> i'm one of three owners here in san francisco and we provide mostly live music entertainment and we have food, the type of food that we have a mexican food and it's not a big menu, but we did it with love. like ribeye tacos and quesadillas and fries. for latinos, it brings families together and if we can bring that family to your business, you're gold. tonight we have russelling for e community. >> we have a ten-person limb elimination match. we have a full-size ring with barside food and drink. we ended up getting wrestling here with puoillo del mar. we're hope og get families to join us. we've done a drag queen bingo and we're trying to be a diverse kind of club, trying different things. this is a great part of town and there's a bunch of shops, a variety of stores and ethnic restaurants. there's a popular little shop that all of the kids

business. and that's a serious issue. and i commend anyone with an environmental mind who wants to change human behavior and wants to produce less waste in san francisco. it's a crushing issue of our time. i'm just hoping that we find ways to do that that don't also force small businesses to continually raise their prices. for the record, beer and a burger at my bar in the mission is currently $27 with a tip. and our burger is not that good. i'll put that on camera here. it's okay. but it's not that good. [laughter] that's a lot of money for a burger and a beer and everybody sits around talking about how millennials are ordering online and changing their buying habits and austria try having student debt and spending $27 on a burger and beer and you would come up with other buying habits yourself. finally it takes a lot for a government body to surprise me in this day and age. but i encourage you to read up on the responsible beverage service act that has been proposed and now is being implement

services and businesses.obert: yeah, do you find maybe a problem with some of the older businesses and the people, you know, that are like--that have been around for a while, but are used to doing business a certain way, and now they have to kind of keep up with the times? anthem: yeah, and i don't know if that's specific to older businesses, i think that's true of everybody. sometimes, we get into fixed mindset, and really the aim is to stay fluid and flexible and ready. and ultimately, that is what hustle is, right? robert: yes. anthem: is that mindset. robert: right, right, and staying on top of things, right? anthem: yes indeed. robert: how do you do that? what's the way that you communicate, how do you do that and not only teach people things, but also make those lessons stick? anthem: yeah, a lot of times it is about giving people structure. and beyond that, it's about asking the right questions. because a lot of--i don't want to be a lecturer when i teach or when i coach.ef their own conclusions, and t

small business, nick dennison.ave you. >> thanks for having me. >> there's been a long-standing debate about the relationship between small business and amazon to what degree is the company interested in trying to change that sentiment >> as you pointed out, over 50% of everything sold on amazon actually comes from small and medium size businesses, you know, so i mean their success is our success, and so we're definitely focused on doubling down on that we have over 1.9 million small and medium size businesses in the u.s. that work together with amazon to conduct business they include sellers, authors, skill developers they're just an important part of the consumer experience we serve up and the 58% i called out, actually that part of the business is growing faster than first party business we definitely have interests aligned with small business on all fronts. >> nick, it is clear obviously that good business can be done online on amazon for small and medium businesses but there's a sentiment concern for some cnbc

burying their business model in risk for we work apparently undertaking risk is the business model risk as a service has a risk as a service as it all just talk about a company and say well they lose money on every unit they sell but they make it up on volume hahaha that's impossible if you're losing money on every unit but here you have taken that idea in a world where interest rates are negative remember you've gone through the looking glass getting a guaranteed loss and obama is seen as an asset that's worth buying and and then gendering a premium so these government bonds that are guaranteed losers are trading at a premium to their face value so a company that takes losses as a service is guaranteeing a wipe out in your in your account is now supposedly trading at a valuation as an i.p.o. to rival the biggest corporations in america josh brown over there wherever he is now i think you know he put out this viral video and he you know it is it is a lunacy but as an isolated case it's within the system as we've been reporting for years that it takes lunacy as a service lucy as a servic

of ge is really in the aerospace business, phenomenal business, the healthcare business above averageprise of the company are really good businesses that get very little air time today and then the arbitrage opportunity, right, so i'm investing on ge not for a quarter for next year, i'm making a call on what earnings power, 20, 23, 24, i think this is a stock that could easily double in that period of time, there's another arbitrage too though, the arbitrage is complexity, this is a complex theme and a lot of people don't want to invest with a lot of uncertainty, we love uncertainty. jack: thank you very much so much. shots as roundtable guests give ideas, stay right there. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ >> jack, you made it crystal clear that you're sick of pmi's, all the macro stuff is giving you a headache, you're looking this week in street wise column at fundamentals of the stocks? >> the fundamental, the theme for third-quarter earnings would be let's get this over with, the numbers are not going to be great, better than expected but not great. 3.7% decline year over year for earnings, tha

for my $750,000, i will own 50% of the business. you will own 50% of the business. dane, i have no problem giving you back your original investment of $2,000 at 5% interest, but you will get no equity, because you haven't put enough in the business to deserve it. there's no justification for it. you will be 100% commission. if you perform like you've told me you're capable of performing, you will earn 5% equity a year up to 15%, and both of us will contribute to that pot. >> there just has to be some accountability. >> he'll be accountable to me... and that's not easy. >> i could go forward with that. >> that's not really an attractive offer for my personal interest. >> dane, you put $2,000 in the business. >> i mean, i would--i would feel more comfortable selling everything at once-- the building, the shares. >> not gonna happen. you know, dane's just being greedy. he wants equity with no effort, and now he's trying to get me to buy his building. he just wants me to give him money like a handout. if you don't agree to this, they leave. and whether it's in this buil

so far, this business has done $13,000 today. that's almost a 30% increase in business.appy with the progress. and there's a clear standout. marina's doing a great job. >> and i think it's terrific. >> you do? >> i do. it's bright. >> right. >> it's cheerful. >> she's really taking this leadership role seriously. she's interacting with customers. >> thanks for coming in. >> you're welcome. >> take care. >> she's doing all the things that, quite frankly, hank should be doing. have you seen hank? >> i saw hank not too long ago. >> a successful business owner subscribes to one theory. they show up first, and they leave last. do you know where hank is? >> i don't know. i don't know if he's gone home or what. >> i cannot believe he left. not only is it disrespectful to the employees, it's disrespectful to all the customers who are coming here today. he really left? like, he's gone? >> as far as i know. >> he literally disappeared. i'm pissed. oh, hey, hank. where'd you go, buddy? we have a grand opening. hank, i don't understand why you left. this is [bleep] ridiculous. you n

online business is growing the fastest for us, but still is a minority of our business, so the main businessly the shops. that's also the bulk of our investment, where everything is going, the wages and everything, the shops, so we are very much focusing on hong kong brick-and-mortar shops. rishaad: so there wouldn't be any time you would think about expanding to the mainland? douglas: well, i guess we can. i'd love to entertain that idea, but the main thing is you find a reliable partner in china who understands what we are doing. i am very fortunate in that i really enjoy my business, and the size of my business allows me to be very creative and experimental, so i am quite content about the size i am at the moment. but nevertheless, if i were to come across somebody willing to do a partnership with me in china and expand, by all means. rishaad: thank you so much. luck. douglas young -- good luck. douglas young, founder and ceo of goods foof design. we have some news from asia -- tom: a press conference from the imf underway in singapore. the lines we are getting, the imf sees 20 asia growt

what are you telling businesses?ght, with the vote, essentially two things: so, don't yet necessarily stand down your no—deal brexit and is instilled the eu agrees this extension. —— preparations. and the deal is paused, it's art, so they need to be ona kind paused, it's art, so they need to be on a kind of contingency planning. but the risk of a no—deal has come down significantly with donald tusk saying he will recommend to eu leaders to propose an extension. therefore, i think the most likely outcome on the one britain is starting to think about is another extension, that means avoiding no deal, but it means continued uncertainty. and this is a tricky thing, isn't it? we had that situation at the end of march this year where businesses who needed to, we re year where businesses who needed to, were stockpiling in a major way ahead of that march 29 deadline. now we are in the same situation october 31, and we could be in the same situation at the end of january. for businesses where they have inventory, they've got

comcast business has a solution. cloud-based security system that automatically updates, so you always have the latest protection. phishing. malware. risky sites. it can help block all of that. it's one less thing for us to worry about. comcast business securityedge automatically protects all the devices on your network. call 1-800-501-6000 today. if there's gonna be a sticker on it has to mean something. so we make sure this means something. that we've done everything - to make your shopping, test-driving and car-buying experience the way it should be. carmax. red lobster's endless shrimp is back for just fifteen ninety nine. get all the shrimp you want, any way you want 'em. like new sriracha-honey shrimp... ...savory grilled teriyaki shrimp,... ...classic shrimp scampi and more! red lobster's endless shrimp is fifteen ninety nine. hurry in. lemonis: all right, my man, let's get in there. -i am blown away. -sammy: blown away, right? lemonis: the space is warmer, friendly than i thought it was gonna be. i've done ot

firms, business sentiment has beeneclining since the beginning of the year and the risk is that business- the slowing of business sentiment spills to consumer sentiment. d consumers becomore cautious. today is a possible sign that we are beginning to see that. more rate cuts by b the fed. is that -- is the fed goi to be ablo keep the economy from slowing down too much? or possibly even going into recession? >> well, it remains to seen how much monetary policy is needed to -- to sortf address these downside risks. do we see the trade -- tde war resolution shortly and that boosts business sentiment and compmpies begin to invest for growth again? >> um-hum. >> or do companies remain cautious durgs during of election year in which there is domestic policy uncertainty in addition to trade policy uncertai ty. >> wellre will be a lot to talk about, thanks so much, brett. orett ryan. >> thank you having me. >> with deutsche bank. >> time to look at upgrades and downgrades a couple to tell but. johnsonance john upgraded to neutral from underweight at atlantic equities with the analyst citing the

i mean, he's running what i consider 50% of this business, the center of the business. so you and i haven't had a chance to talk or anything. do you wanna be here long-term? >> actually, yeah, i love it here. i mean, i been here seven years now. i mean, i been probably the longest one here and worked every shift imaginable here. i mean, i know the place inside and out. >> how do you like working with andrew? i have to tell you, it seems like you work hard, you're positive. >> oh, i mean, i have to be. you have to be. >> all right, thank you, buddy. >> come on, sooks. >> neil? marcus. >> marcus. nice to meet you. >> nice to meet you. what would you say would be the single biggest problem in the organization? >> it starts at the top. it's a really dynamite facility with a well-thought out system. but i don't think andrew is rational. >> yeah, erin told me he flies off the handle...[snaps]... in a nanosecond. >> he has had several explosions in the past few weeks. >> why would someone like you put up with stuff like that? >> i love the animals, but i have my limits. man-to

and i think this business could be a $50 million business. keith: i agree.ked up about it. dean: i'd like to get to where we're $10 million, $15 million, i do. but right now, am i equipped? no. am i working on it? yes. could i use help building or getting good people in here? -yes. -lemonis: great. but you're not communicating to me that you have a problem. dean: well, maybe not with you personally, but i have communicated with everyone else. at times, it felt a little like i was getting thrown under the bus. i felt that way. and i don't think i'm boring, either. lemonis: let's get the bus and pick up some new people so we can get the job started, okay? look, i don't have time to babysit right now. this is business, and if this isn't gonna work, i need to know now so i can make the change. i need a couple concepts drawn up. -i can't wait for him anymore. -keith: okay. lemonis: that's the worry that i have. so, you're the leader. you decide. keith: i think if i talk to him, i can work that out and figure out how to get him quicker. lemonis: you decide. hey, b

i fix failing businesses. so the business only made 50,000? i make tough decisions... you can't train every class. and i back them up with my own cash. i like [bleep] done right the first time. >> that's not on me. >> it's not always pretty. >> he starts bringing in equipment here, i'm gonna break into hives. >> but this is business. the deal's off. i do it to save jobs, and i do it to make money. this the profit. [hip-hop music] ♪ pro-fit is a small group personal training studio located in the town of dyer, indiana. while national gyms offers huge facilities and the latest equipment, small gyms like pro-fit offer a much more personalized service in a less intimidating environment. >> we concentrate on doing one thing because without trainers, you can't get results. >> michael sena has been in the fitness industry for over 35 years... >> change direction. >> first as a body builder, then as a personal trainer. >> i was a personal trainer before there was a personal training industry. i'm a book author, fitness product inventor. it's really been the michael sena show.

what is the business like?an: right now, this has been a black eye, obviously, for wework, as well as the ipo market really putting up a white flag, showing investors aren't going to buy some of the business models with left year valuations, but it really hits on cash burn profitability. they have to go back from a financing perspective to next steps here, it is the fork in the road situation. you talked about the first thing, they have to cut costs, invest in some of the pieces, and really put this car back in the body shop until it comes out maybe healthier for an ipo later this year into next year, you think about best case 2020. kurt: i know that softbank is obviously heavily involved in this company right now. dan, can you give us a sense of what their involvement might be moving forward? i know there is talk of maybe them providing some of that capital to wework, what is softbank's role going to be? dan: especially with neumann out, they have to roll up their sleeves and a hands on deck, in terms of just

businesses.need to do this for the person that comes every morning, opens up their door, is here serving coffee, is here cutting your hair, giving you some of the best cheese you've ever had at say cheese. we need to do this for small business. they're struggling. we, as a city, should be doing everything we can to keep small businesses in place and to open small businesses. we need to be able to take the regulations away that hurt them, to take the time it takes to open a small business. i don't know how you can afford to pay for a space for a year to 18 months before you even have a business. how is that possible? you have to probably save for two years just to open a small business. so we have to say no. we have to make sure that we protect small businesses. because, look, i lived in lower haye for 20 years and then i moved into this community. i feel it's a mayberry. i walk down the street and know everybody. i can go from one store to another and get what i need for my everyday needs and mee

and i fix failing businesses. this business last year did $50 million of business.re's one thing that you don't do very well. what is that? >> collect. >> collect money. so last night at dinner, i made a deal with alan and howard. and i'm putting in a million dollars. but you know what they forgot to do last night? they forgot to ask me for my money. it's a theme, but it's not funny. because your paychecks and the rent, all get paid when we collect the money, not when the stuff leaves on the truck. there's the money. >> thank you. >> thank you. [applause] >> from this point forward, i'm in charge. the first thing we're gonna do is fix the accounts receivable process, so that i know for sure what meats coming in and what meat's going out. i wanna know how much we're selling, how much we're collecting, and who owes what. we're gonna start by getting on the phone, and calling these customers that owe us money. we need to be paid. and from now on, when we deliver meat, we need to get paid on time. we are not a bank. we need to improve our operating efficiency, and there

new business.allows commissioners to andersoa items for future consideration by the commission. >> any commissioners that have new business? any public comment? seeing none. public comment is closed. >> item 11. >> it is our mission to begin and end with a reminder that the office of small business is the only place to start your new business in san francisco, and the best place to get answers to your questions about doing business in san francisco. the office of small business should be your first stop when you have questions about what to do next. you can find us online, or in person here at city hall. best of all, all of our services are free of charge. the small business commission is the official public forum to voice your opinions, and concerns about policies that affect the economic vitality of small businesses in in san francisco. if you need assistant with small business matters, start here with the office of business. of a small business. >> item 11, adjournment. >> do i have a motion to

side of things what could this do to hong kong international business reputation. one thing what is hurting hong kong's international reputation and the economic calamity it's not so much that there are demonstrations major cities like london and paris have had demonstrations and they do not destroy the reputations of those places is the way how the government handles it or mishandles it which will have far greater impact on the reputation and of the place and that you cannot make prospect of the city and it is what we're seeing in hong kong stiff tongue thank you very much for your analysis from the university of london. school of oriental african studies thank you thank you. lebanese banks were shot again today demonstrations that paralyzed the country in the fraud long closure of banks has raised fears of economic collapse the central bank says a solution is needed within days the protesters say it's part of the problem. on monday the protests continued all over beirut in places the blockade looks a little like a street party but looks can be deceptive people ar

take your business beyond. .period charles schwab built an investing powerhouse, starting as discount brokerage in 70s to today bank and a wealth management company with assets under management of close to four trillion dollars he writes about how he did it in new book, invested amazing how he built fninal empire. >> how did you do it, four dedicated people four, now 20,000. with a purpose in mind trying to create a different kind of brokerage company you wonder how that ever happened i had some experiences investment analyst beforehand portfolio manager a young man, out of business school found out brokerage industries broken had they were basedupon very high commissions, stories that were somewhat -- uh -- >> somewhat questionable about how to make money in the stock market. so forth. .z and all about big sales pitch, i thought man there must be another kind of brokerage firm we could create for people who are self-directed investors, free of all the -- fluff that they had before, and so that was the beginning,

the business is a family-owned business owned by the son of the doct doctor.tem 3(c) is the ha-ra club. the business is a bar in the tender loin that opened in 1956 by hank hanestead, a wrestler and ralph, a boxer. the name is a combination of their names. the s the interior of the bar has been restored to reflect the business's long history and the exterior neon sign is a recognized feature of the neighborhood. today the ha-ra club is the tender loin's longest-running bar. item 3(d) is the mechanics' institute. it's a non-profit organization established in 1985 by a group of mechanics who were dissatisfied with san francisco's lack of libraries and dearth of educational opportunities for adults. the plan was to host a library, to offer classes and lectures that would teach new skills, to welcome everyone regardless of race or gender and to cost the user as little as possible. the organization moved a few times before purchasing its current location on post street in 1866. the institute built a three-storey building on the site, but the building was destroyed

♪ >>> this is "nightly business report" with sue herrera and bill griffin. >>> amazon'sarnings f forhe first time in more than two years as it ramp up spending on devery. >>> return to growth. intel's revenue is revving. outlookk better tha expected and it buying back billions in stocks. >>> the industrial conglomerate's outlook and explaining weakness in china. those stories and more tonigig on "nightly business report" for thursday, october 24th. >>> good evening, everyone and lcome. bill has the ening off. it was the busiest day of earning season and that's whe we begin tonight with la-day results from amazon. the company's earnings fell short of wall street expectationss its heavy investments cut into the profitability. they have been spending on one-day delivery to cloud business and advertising sales force as well. the good news is revenue grew at a healthy clip, but wasn't what analysts were looking for. josh whitman takes a closer look at amazon's quarter. >> reporter: good quarter, bad guide. that's how on lists are describing the latest earnings report, specifically of the

we have the legacy business that we support businesses that are over 20 years old. if you're nominated, we help them -- the city helps them in all kinds of ways. we also have to stop buying from amazon all of us. you know, brick and mortar. >> moderator: thank you. thank you very much. [applause] mr. lam. >> so i was a businessman. i started my business in affiliate marketing here in san francisco. but i'm doing this now. and i continue to work with small and local businesses. in fact, i work with over 50 plus to help find solutions to their issues that they're facing here in district 5. one thing that was really hard that i have to say is the increase in minimum wage is very, very, very tough for small businesses. if it increases to $20 or something like that, a small coffee shop can't sell that many coffees to pay two coffee workers. and taxes. so taxes inadvertently harm small businesses. one time i bought a water bottles, i was taxed three different times for that lunch. you know, c.p.v., san francisco health initiative. i could just go on and on with the taxes.

business commission meeting with a reminder that the office of small business is the only place to start your small business in san francisco and the best place to get answers to your questions about doing business in san francisco, the office of small business should be your first stop when you have questions about what to do next. you can find us online or in person here at city hall. best of all our services are free of charge. for small business commission is the official public form to voice your opinions and concerns about policies that affect the economic vitality of small businesses in san francisco. if you need assistance with small business matters start here at the office of small business. >> item nine, adjournment, action item. >> all in favor? the meeting is closed. >> meeting is adjourned at 4:31 p.m. shop and dine on the 49 promotes local businesses and challenges residents to do shopping and dining within the 49 square miles of san francisco by supporting local services within neighborhood. we help san francisco remain unique, successful and vibrant. where will you shop

this concept that the business of business is over.nt to push back for a minute because this has been in your blood, your dna, this whole notion of stakeholderrings. so you're make -- stakeholders. you're maybe different in this category, but when i first saw the business round table decision, i said, well, wait a minute, does that mean employees in the communities you operated weren't important beforehand? i thought it was a little bit of p.r., and i also said, wait a second is, what about shareholders, what about capitalism? who's going to stand there and defend capitalism? >> this is a new capitalism. it's where shareholders are as important as stakeholders, and it's coming from within the companies. it's coming from within people who are working inside companies today to say, hey, i'm not just here to make money, i'm here to improve the state of the world. i know you feel that way. it's why you left the other network. you're here because this is your platform, and you use your platform to improve the world. i know that because i've

of ge is really in the aerospace business, phenomenal business, the healthcare business above averagehe company are really good businesses that get very little air time today and then the arbitrage opportunity, right, so i'm investing on ge not for a quarter for next year, i'm making a call on what earnings power, 20, 23, 24, i think this is a stock that could easily double in that period of time, there's another arbitrage too though, the arbitrage is complexity, this is a complex theme and a lot of people don't want to invest with a lot of uncertainty, we love uncertainty. jack: thank you very much so much. shots as roundtable guests give ideas, stay right there. ♪ ♪ all up. good! could have used a little salt. visit geico.com and see how easy saving on renters insurance can be. 2,000 fence posts. 900 acres. 48 bales. all before lunch, which we caught last saturday. we earn our scars. we wear our work ethic. we work until the work's done. and when it is, a few hours of shuteye to rest up for tomorrow, the day we'll finally get something done. ( ♪ ) the day we'll finally get something

without me, this business doesn't make it. my goal is to turn eco-me into a $10 million company, and in that process, i have to teach these two that business isn't personal. >> you can't fire any of my employees. >> it's a business, robin. if they don't listen... i'm saying "no." this company will close its doors. my name is marcus lemonis, and i fix failing businesses. i'm willing to write a "half a million dollar" check. i make tough decisions. i'm not willing to do the deal if you're in charge of sales. back them up with my own cash. it's not always pretty. i'll take the shower. jen, you take the toilet. >> i don't do the toilet in my own house. really? >> but this is business. i do it to save jobs, and i do it to make money. this the profit. [upbeat music] ♪ eco-me is an all-natural cleaning product started by robin kay levine in 2006. with the partnership of her childhood friend jen mihajlov, a 12% owner, they built eco-me up from a small, do-it-yourself cleaning kit to a 17-piece cleaning line, including dog-grooming pro

because when your business is rewarding yourself, our business is you.rect at choicehotels.com wwithout it, i cannot write myl tremors wouldname.xtreme. i was diagnosed with parkinson's. i had to retire from law enforcement. it was devastating. one of my medications is three thousand dollars per month. prescription drugs do not work if you cannot afford them. for sixty years, aarp has been fighting for people like larry. and we won't stop. join us in fighting for what's right. >>> trade talks are resuming talks, days away from another tariff increase on chinese exports putting additional pressure on them this week. joining me now, kayla tausche. >> the chinese delegation that was supposed to be in town for two days, they were going to leave after today. they had a measure of talkish measures, they started reporting they would leave early in a sign of their displeasure. they said there is no change on the schedule. they said there is a dinner tonight, that the president is scheduled to fly out on friday night, they said it is fluid, it is very clear that

that owned businesses. the money, the capital infusion and the capital coming in is what we usually see, wall street, banker types, as well as people that made money in tech, and they are usually white males. we seen trends where people tend to just give money to people that look like them or they can relate to, just because they are confident they can yield the same results they may have done. it's a matter of ignorance than anything else. we seen a decline of women. i think it's at 27% now. >> okay, so how do you think that we bring more gender diversity? >> i definitely think that getting grants, like small business loans or small business grants through the money handed out by the state. so maybe there's $3 million that be used for loans and grants, 1 million to build the equity campus and focus on education, and $1 million set aside for staffing, to move these processes along as far as application processing. i definitely think that there isn't a pathway there. we need to build up a structure and infus

we did a range of different sizes of business in our membership but generally speaking larger businessesepared. preparation is pretty low among smaller businesses. it's about 40% of our members who have prepared. that is why if it were to be no deal, and it's not totally off the table, then businesses would still be very drastically underprepared. we are providing lots of information to business to help them but it is very late now. what are your members and northern ireland telling you, particularly about this deal as opposed to the backstop?‘ particularly about this deal as opposed to the backstop? a majority of member support it but there are pockets of concern and northern ireland is one of those. for lots of businesses in northern ireland, the backstop was seen as a guarantee for them as well. it isn't unanimous and there will be some businesses who just want this to get through as well but it is more complexity, trade barriers and all of those things that put those businesses in a different position to those in the re st of a different position to those in the rest of the uk. presu

the bbc‘s business reporter andrew wood.h once demanded huge numbers of workers but increasing factory floors and warehouses are places where technology dominates. the industrial transformation asia pacific conference in singapore, the latest innovations are on display as technology companies try to convince manufacturers to adopt cutting—edge production processes. but can machines do all the heavy lifting? timothy mcdonald went to find out. some people are worried about the implications of artificial intelligence and robotic process automation. there were perhaps it will put us all out of a job for sub the optimists on the other hand say that in fact we are more likely to work alongside these machines should —— these machines at greatly increased productivity and they will get rid of some of the worst elements of ourjobs. they want to do a quick inspection of the parts, and sometimes people like to scan it and do some copy. they want to do a reverse imaging of the old part. can you scan anything, my face for simple? i can d

, to oem business to the cloud business. something i'm sure, the ibm wishes it had done as well. something you said about the service business. it is not a big part of their business. maybe it dropped a little bit. we came off a huge microsoft event where they have a ton of new devices. they're pushing the envelope. in 2020 we'll see the duo and the neo, one is like a surface phone. that business is set to grow. connell: talk a little more about that, lance? will dig into the numbers. that is interesting from consumer point of view. i think we're having a little audio trouble, lance, do your best to hear me. apple comes out all the time as you say that is not always the focus with microsoft but what about some of those consumer products, if you hear me. i don't think lance does. go ahead, lance. >> look, so apple's doing a lot of work to transition its business, even though so much comes from the iphone and other hardware to more reliants on the services business. we're about to see the plus. a smart thing for them to do. al

the business a little bit about that. because it is a business for profit business absolutely. how does that work for you guys in the how do you scale it when you look at i mean really we're just taking transaction fees on the way. we as i'm sure is right in line with the way you think about things we don't want people give their own coins we want everybody to. say you can only. put that in your friend's account another really important aspect of the business and we suspect this will be a big you can actually sign up to get so if you want to sort of you know go fund yourself or your birthday or christmas or whatever you can sign up and then tell your friends that you want to get presents a cool marketing. also for. baby shower you know maybe coming. out about it you can. absolutely you know we're really excited to have. involved because we think we'll do a lot with. 5 year window between turning 30 in the. waiting for you. and you don't. change is you absolutely. a rallying cry for us and a phrase we use a lot is basically the gift of giving the gift of not just and we're actua

small businesses themselves are a reflection, david of big businesses.ing their businesses, whether they have 10 employees or 100 employees they are at 1% of that business. they are the ones that are earning the highest salaries. they are the ones most likely with the nicer cars and the ones with vacations they take or they take time off during the day. they are sort of 1% that the warren and the sanders plans are going after. david: uh-huh. now though they wouldn't be effected by the actual financial impact of their plans the psychological impact is pretty significant and the reason why it's significant is because a lot of the workers at these companies look at the ceo's of their businesses regardless of the size and put them into that perspective. it creates a bad psychological situation. i think it's a big issue for both senator warren and sanders and they have to reassure small business owners that this is not as big an issue as a lot of us think it might be. >> gene, we've seen under president trump tax cuts and jobs act a huge explosion in terms of