i'm under pressure to basically do something with blackstone, they own this, maybe divest from blackstoneon to say i think they're getting a bad rap, that "60 minutes" left a lot out. "60 minutes" found one or two kids. liz: "60 minutes" had two photos they were allowed to use. one hundred worked the overnight shift. >> let's be clear what happened here. kids are smuggled into the every day by drug cartels. these are illegal aliens, all of them. this was not a kid here as u.s. citizen. this is someone smuggled into the country with illegal papers. then they get into the country, the cartels supply them with more illegal papers to show they are over 18 to work at jobs like this which do pa it is dangerous work. blackstone doesn't get any benefits from hiring underaged or overaged people they pay the same. they get people overaged, over 18 or over, somehow, don't ask me how this happens, the country's e verify systems that are legal immigrants over age. how does that happen? liz: false identification. >> this is the federal government's allegedly great check, e-verify which sounds like it i

may end up on blackstone' is loans of some sort. thank you, herman chan. we will look at why california's investments in esg is giving them a financial advantage compared to others like lord and texas, who are pushing -- like florida and texas, who are pushing back against esg. they are anti-woke, apparently. this is bloomberg. ♪ ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ matt: this is bloomberg markets. i am matt miller. florida governor desantis is expected to announce his presidential bid today. matt winkler has been looking into why it has become more expensive for florida to raise money in the bond market compared to a state like california. he joins us now to discuss this latest bloomberg opinion piece about california possibly teaching lessons to texas and florida, if they are listening, on esg. let's talk about the bond piece because california's rating was downgraded and still they are trading b

stuart: are not familiar with this, is it blackstone minerals? what is it? >> blackstone mineral.t: was the dividend? >> i bought it lower so i will tell you exactly what it does as of yesterday's close -- give me a second to get my glasses on. [laughter] stuart: handle that computer, come on. i'm the guy who can't handle computers. >> i wasn't prepared for this question. stuart: i'm sorry about that. twenty seconds before it opens. what you got? >> 12.56%. stuart: okay. >> 62% payout ratio. that solid. stuart: bsm 12.56% payout in the dividend. you made my day in our viewers, to. thanks very much, that was good. the market is now open and we see plenty of green. the dow is open, 50-point cane and as about 30 cents to fill in as they open, you can see the vast majority, s&p 500, that's open on the upside. how nasdaq composite on the upside but less so, .4% almost. 12,000 390, big tech, all of them higher except apple, down 30 cents and that's it. amazon 115. microsoft up again 312. stuart: i was watching the european -- that was really c cool. >> okay so in the future we could pos

was more disturbing because the company, pssi, is vital to national food safety and its owner, blackstoneaims to be a model of management. both companies say they had no idea they employed children in eight states. but it was obvious to teachers in grand island, nebraska, who noticed acid burns on a child. in our story, you will see only two photos of children working in a slaughterhouse. because of privacy, two, with obscured faces, are all the u.s. department of labor would give us. but two may be enough. their hard hats read "pssi" for packers sanitation services incorporated -- the nation's leading slaughterhouse cleaning service with 15,000 workers, in 432 plants, taking in more than a billion dollars a year. not, it seemed, a likely abuser of children. >> it seemed possible, but not necessarily likely. and if it were possible, you know, maybe it was -- someone had slipped through the cracks. shannon rebolledo is a 17-year labor department investigator who was skeptical. but she went to grand island, nebraska, last summer, after a middle school told police about acid burns on the han

speaking with the financial times, blackstone president says they are in talks with lenders with $100r the plan, the banks would originate loans that blackstone could funnel to the insurance customers to offload risk. >>> and proxy adviser is reversing course on recommending support for pay plan for jamie dimon and top executives according to the financial times, shareholder services said it was switching the recommendation after using incorrect data when comparing the pay against the peers. i asked if this led to a rejection last year and advising investors last year to reject at the annual shareholder meeting frank. >> a lot to watch there. pippa, thank you very much >>> time now for the big money movers we're talking about disney shares sinking on the back of the earnings results revenue and profit coming in line with the wall street projections. the street focusing on disney's streaming units with direct-to-consumer operating losses falling from a year ago down 26% subscribers dropped 22%. bob iger says the strategy includes hulu and espn the company plans to combine content. iger

tom: blackstone group ceo stephen schwarzman says he does not see the u.s.ng amid intense debt negotiations between the republicans and the president. he spoke exclusively to bloomberg at the qatar economic forum. >> it is difficult to imagine this is actually going tually g. it is a political standoff. i think the two parties are about $100 billion apart on freezing the spending levels. i think that could be negotiated. one of the other issues as whether people have to work to get supplementary payments. i think there is a position that could be resolved relatively quickly on that. so this is somewhat of an issue of wills and desire to not blink and the whole world is watching. so, i think it could be resolved . in 2011, and the fiscal cliff glaciations, it actually got done a little late and it something like that is one of the numerous scenarios. i don't foresee a situation where it would be a default. that speaks to the u.s. government paying principal and interest on a timely basis. tom: that was blackstone group ceo stephen schwarzman speaking exclusiv

blackstone john's treatise held that the first choice of law is divine. god created natural laws, the rule this world and its creatures laws and the law of nature, which all are bound, is identical with the law of god. god enabled men to discover it through reason but quote eternal, immutable laws of good and evil. so far they are necessary for the conduct of human actions. close quote a universal of nations derived from natural jurisprudence, right reason, morality, custom, well munis of law reflecting these principles determined the rules of conduct for particular societies kant and blackstone inculcated this fundament hierarchy and this background. kant common terry discussed the anglo-american law system, which had evolved from immemorial court decisions and statutes. kant covered the rights of proper, real, impersonal commerce and, descent and distribution can also explain the tradition understanding of american government, constitutional jurisprudence. he focused on enumerate of powers and limitations of the federal and state government as reading l

today, blackstone is a big story on the terminal. they playing into the regional bank crisis? sonali: not surprising to hear blackstone step up and say they want to play a role, be an intermediary, offloading these loans into the broader institutional markets. you have got to see it to believe it. we have seen over the last couple of months blackstone, apollo, and other investment firms circling around the regional banking system trying to find a way in and limited deals being done. you have seen that when they tried to buy assets. now when you look at those processes it is highly scrutinized. on the one hand, jp morgan buying first republic. the idea was the least cost to the fdic fund. at the same time, there is pushback from the republican side of the boardmember's at the fdic that say, listen, these goods are not competitive. if private capital is not allowed in, we cannot get more competitive. there needs to be some mechanism for that to happen. matt: it seems like, on the one hand, the fed's monetary policy is pushing a lot mor

the blackstone very, the only thing to have cheat assistance on it was quite difficult. distances, but sometimes i think it flooded one just doing this one. so i have 3 to play around with and so to and i'm a personal trainer and also edge i asked the or i'm focusing on my house. i am at, at the movies which is you will be some meetings, $1.00 k m and then you have 9 p k m 5 and a half of the time to finish at the end. so that would be at $21.00 can run. and that what i usually finish just on the 6 hours yeah. when you get that. yeah, that rush still install feshona's and you are at night everything that you saw from your body. it keeps the company sent out on monday. so i think by mid, what's good by this is pick the d p off and then the upload speed. you can log off in the bottom, the 1st companion fidelity investments in the room. so when we do what's going on with that, i've been able to to bother with the zillow's. could you have them get this the most on it or them that they haven't spoken to minutes. i look forward to some of the see it on the box on condition to image of it for

the blackstone very, the only thing to have she just told it was quite difficult distances, but sometimes to get flooded. one just doing this one. so i have 3 to play around with and so to and i'm a personal trainer and also edge i asked me i'm focusing on my health. i am at at the moment. which is, you will be some meetings, 1.9 k m. and then you have 9 p k m 5 and the half of the finish at the end. so that would be at $21.00 can run. and that one i usually finish just on the 6 hours. yeah. when you get that. yeah, that rush to install special orders and you mean like everything that you i saw from your body, you keep the company since i was wondering if i think about it because they go crazy and it didn't pay off and then the up and i'll speed you can log off in the bottom, the 1st companion fidelity investments in the room. so what we'll do is phenomenal that i've been able to bother with the zillow because you haven't got this the law senate autumn that you haven't spoken to minutes. i looked on some bus, it was fun condition sent in a gentleman for me last 40 as well because of that

the blackstone very don't seem to have cheated all. it was quite difficult justices, but sometimes it kind of gets loaded one just doing this one. so i have 3 to play around with it. and so to, and i'm a personal trainer and also edge i asked the i'm focusing on my house. i admitted the movies which is you will be sending $1.00 k m and then you have 9 p k m 5 and a half of the time to finish at the end. so that would be at $21.00 can read. and that what i usually finish just on the 6 hours yeah. when you get that yeah, that rush to install specialist and you mean like everything that you saw from your body? if you were in the company center, i think the appointment was good while they couldn't speak the didn't pay off. and then the the last seniors can bogged off in the bottom. defies cafe and can fidelity investments in that. and so when we do what's going on with that, i've been able to bother with the little screwdriver and get this the most an autumn that they have this focus, 2 minutes on the focusing on bus. it was fun condition

doesn't mean that. lastly, why the print, the gang london print them up and seeing him seeing the blackstone very, the only thing to have, she just told it was quite difficult distances, but sometimes you kind of get for the one just doing this one. so i have 3 to play around with and so to and i'm a personal trainer and so edge i estie i'm focusing on my house. i am at at the which is you will be sending $1.00 k m. and then you have 9 p k m 5 and a half of your time to finish it in to that would be at $21.00 k run. and that one i usually finish just on the 6 hours. yeah. when you get that. yeah, that rush to install specialist and you are at night everything that you saw from your body. you keep the company. i think the appointment if it was good about it, because the, the didn't pay off. and then the last figured combined up in the bottom, the 1st companion fidelity investments, and they don't so we'll do what's going on with that. i've been able to bother with the last. could you have them get this, the law senate or them that they haven't spoken to for a minute? i look for some of the se

go to the nearest black stone blackstone products.fying.com to get yours tod. >> blackstone better. effo inviting diverse communities frs. >> a tree can be innovative, effortlessly pulling carbon from the airturing l. a tree can be noble, actively nurturing life in an uncertain world . the arbor day foundation has a 50 years in every seasontr and soil every climate and corner of the earth. a tree canbal impa be transforml ,helping us turn local action into global impact. that's why now is the time for trees. lots of trees. solu a tree canti be because a tree can be a solution. let's put millions of solutions in the ground together. saturday, it's baseball night in america on fox, rafaelle devillers leads the red sox as they take on rookie phenom korbin kerry and the diamondbacks. oh, it's no federal showdown as the reds battle dance flopsy and the cookie monster shot. it's baseball night in america saturday at 7:00 eastern on fox saturday at 7:00 eastern on fox lafi. well, it's all you want. >> yeah. you okay? we're fine. my serve. >>

sign up at fox nation. .com blackstone.ou deserved a better way of cooking, igniting an outdoor cooking revolution with more than eight million griddles. soul creating better backyard celebrations. your breakfast is better once better. every dinner you craft is done better and we're never done pushing for more . >> more flavor, more fun to go to the nearest black stone retailer or log on to blackstone products .com to get yours today. blackstone better.g on a >> these deals are crazy.ldmine . she has no idea she's sitting on a gold mine.m poli she doesn't know that ifcy she owns a life insurance policy of one hundred thousand dollars or more , she can sell all or part of it to country for cash . even a term policy, even a term policy, even find out if you're sitting on a gold mine cap country direct today.. at eight hundred four nine six ninety two hundred or visit country direct .com. >> sometimes balance of nature gets feedback that dr. howard should be played by a better actor. >> well, maybe they're right because i am n

blackstone better me brace for impact is friday night smackdown on fox. listen to this place. is witnessing history. it's a network. television's greatest spectacle as the superstars on the planet are unleashed in primetime on friday night's smackdown, sponsored by progressive at 8:00 eastern on fox, gordon ramsay is an award winning chef, tv star and mogul fox wednesday. his mission to invest begins succeeding in business is not easy, and neither is this competition. >> when he puts fifteen food entrepreneurs to the test, make sure that we're hitting that profit margin. he'll put his own money. that investment will change in my life where his mouth is holy. we care about our profits. we're running businesses. who will be my food staff? gordon ramsay's stars premieres this wednesday on fox that i'm running for president ofe ud the united states of america. senator tim scott today jumping into the race, joining donald trump and of course, nikki haley. they vikram swamy and others. nk but all eyes right now are alsoa on ron desantis. n ron he's expected to announce his 2020 four

flaxen buying the loans so the banks get cash but that's not been on the market. >> apollo and blackstonefor silicon valley bank left permanent and most people attacking regional banks 40% of commercial land loans and is anyone going into the office one 100% of the time? that's a big concern. stuart: microsoft, i'm told they are skipping raises for employees even -- 160 billing and cash they paid out a lot last year to cover the budget for bonuses and pay hikes so this year like a lot of companies across silicon valley, there will be no seller increase for full-time staff. the companywide e-mail said slower economy and higher rates and artificial intelligence means money is tight. microsoft cut around 10000 jobs last year but is similar to my conversations across the valley of the you work at that, google, amazon, companies cut thousands of jobs just in case. stuart: used to be so full of parks. talk about google, they been announcing plans ai. stock is up two and a half%. >> i was watching the google i owe developers conference two or three hours in the reason why wall street is reacting

go to jacuzzi baths, remodel .com or call 800 nine nine one zero one six three blackstone. you deserved a better way of igniting an outdoor cooking revolution with more than eight million griddles. soul creating better backyard celebrations. your breakfast is better. watch better every dinner you craft is done better and were never done pushing for more . more flavor, more fun to go to the nearest black stone retailer or log on to blackstone products. .com to get yours today. >> blackstone better weaponizes the fbi inside the abuse of power allegations r two for text now and we'll include a bottle of nugenix thermo x, our newest ,most powerful fat incinerator ever. absolutely free outrage is growing tonight over inage ig new york . city's plan to house newly arriving illegal immigrants inri school gyms all over the city. but after a series of protests by concerned parents, dozens of illegals have just been removedn is from one school in brooklyn. p now, here's what these parents told our very own sara carter earlier today. >> take a look at this.s as a parent, what is yourh

alix: that was blackstone group ceo and chairman steve schwarzman speaking from the qatar economic forumart to figure out what to do over the next week and how do you prepare for that debt ceiling impasse. one of the people to talk to is citizens financial, bruce van saun, ceo. citizens is a u.s. regional bank. good to see you. one of the carpet -- what are the conversations you are having about the debt ceiling? >> we remain optimistic and we talked to the folks in washington to reach agreement. hopefully, we get there but we are making sure we have plenty of little city because we could have our customers looking for more liquidity. have been building pretty in -- we have been building liquidity in the wake of the regional trauma. alix: when you say cash, where is it sitting? is it short-term bills? if the debt ceiling get resolved, do you put that to use or do you keep it there? bruce: you are probably keep it there for a while -- we will probably keep it there for a while. guy: you bring up the bank turbulence we have seen. how have you re-think -- how did you have to rethink the way

products. >> .com blackstone. better when you watch. listen, get the latest news business and news headlines on sirius xm any time anywhere . fox news radio on sirius xm america is listening. and now tonight, a disturbing story out of hunter college in r new york city where a crazed professor held a knifee to to a "new york post". >> reporters neck a machete. take a loo at thk. this. >> the video obtained by the "new york post". look at this point in my whole life, like, okay, let's let's get out of here. >>u you can't do that now. >> the reporter went to herr apartment in the bronx for anoub interview following her outburst directed at a pro-lifec group on campus. >> takampue a looks.. >> we're really not educating. this is propaganda.ik neat are you going to do, like anti transneft jackie ibanez? >> i mean, we're talking about trigtion. >> this is this is violent. you're triggering my students. >> sorry. no y, you're not.ou're i mean, you can't even, yo havew ,so you don't even know whatt ts that is . >> you kno

cuz now it's all of blackstone blur and you don't remember or thing. sounds like you had a few drinks that made your brain press pulse on creating long term memories. even though you were fully conscious the entire time. so what exactly happens in your brain doing a blackout and could blackouts cause long term damage and even increase your risk for dementia? as you may know from experience, blackouts are most likely to occur when you drink a lot of alcohol within a short period of time. meaning when you have high levels of alcohol in your blood, that's usually the case with binge drinking. that body weight and even your genes also influence blood alcohol level. by the way, you come to train yourself to not have a blackout. so even if you think you are an experienced drinker, it won't help. so when exactly can you expect a blackout? let's assume you're a 23 year old woman waiting around 60 kiddos. if you're doing a bit more than 5 classes of wine within 2 hours, your blood alcohol content will be about 0.16 percent. this will certainly and pay your brai

i read about a blackstone potential issue the other day? >> i can't confirm that it's blackstone. i read the story last week. found it very interesting that this was happening in san francisco because we also saw this happen recently in chicago as well where a building sold for a heck a lot less than what it was bought a few years ago. maria: what are you seeing at vemo capital in terms of investor sentiment, in terms of behavior? >> i think what we have watched is consistent with some of the issues, some of the challenges that smaller banks are flow to go bigger banks. when i look at franchise today, it hasn't changed much in last 8 to 12 weeks versus some of the others. for us it's business than usual. do we have a measure cautious approach, we. do we are focused on stability and focused on where we might go. maria: congrats on the asset number, how do you allocate capital? >> we have a wealth business and balance is where it is today as we go forward. in my business 20%. retails and commercial just over 60 and so we continue to invest in that. today in the u.s., i know we are,

dani: blackstone ceo stephen schwarzman speaking to francine lacqua at the qatar economic forum.speaking before fitch put u.s. sovereign debt on a negative watch. schwarzman mentioned 2011, it is worthwhile if history is any guide to look at what happened in 2011. it might color what happens this time. it was july 14, 2011, it was s&p that time that paley's -- that place the u.s. on negative creditwatch. we get agreement on july 31. it is not until after that agreement that s&p actually lowers the credit rating. given mind, even if we get agreement, that doesn't mean we won't get credit downgrade. if that happens there is a big market reaction. but there is a political element of credit agencies downgrading american debt and why they might be more hesitant. a mere few weeks of the downgrade, reports appear in the press of the doj and sec investigating s&p, not on this action specifically but on the great financial crisis. there is debate whether that investigation started before the downgrade or not but either way it caused a headache for s&p. i week later, s&p announces its ceo

blackstone better get ready. >> let me make this really simple.his story has everything on our no filter. i'm a go getter. i never stop. is such an inflammatory statement by the country. >> can't get enough of the five and five only on fox news l. nne well, that's it for us tonight.c i'm kelly mccartney and foenr laura ingraham, check out my new book, serenity in thish h storm . living through chaose stor by lt on . i don't forget to tune in weekdays at 12 pm eastern time a for when i co-host outnumbered. thank you for watchir watchinglk the special edition of thees "ingraham angle". greg >> todd: a fox news alert, the bipartisan debt deal heads to the floor, vote expected after review period at 7:13 eastern time tonight. set your watch. this is "fox and friends first," i'm todd piro. >> ashley: i'm ashley strohmier in for carley shimkus. >> this is a two-year bill and that is just basing hope and dream and

who is blackstone homeland in search of a press on the .

prior to the sale to blackstone, that was $39 billion, it was the biggest leveraged buyout at the time relatively quiet individual. be hard to believe up to that point. you think about sam zell and he is certainly synonymous when it comes to real estate, in particular. that deal, i think about it, in 2007, so great ahead of the great recession and financial meltdown, which was largely residential. nonetheless, he was in office. he was significant in terms of timing. that was one of his wins. you think about real estate so much for him, but he was very interested in media. he was interested in the tribune. that did not go so well. matt: that's what i think about. he hit it out of the park with his sale of real estate portfolio to blackstone, raising almost $40 billion. then, he bought tribune and had to sell off assets, including that cubs. it did not go well and they went bankrupt. carol: it was another big leverage to deal. a lot of media properties, but there were a lot of lawsuits. 2019, there was the final settling of another legal battle. it was a real mistake. he even conceded in

there is an article about blackstone being a potential offer and for some of these guys.will that be the defective solution at the end of the day? kriti: i will answer that after one quick fact. citigroup has been trading under book value for a while. pack west is such a massive difference from even western alliance at 60% of book value. then you go back to who is willing, private capital, to step up to the plate. we knew that an entity backed by apollo, atlas, which came out of credit suisse earlier had come in with a credit line over to pack west. we have not seen deals of that kind yet. as much as blackstone has stepped up to buy silicon valley bank assets or apollo has stepped up to partner with pnc to buy first republic, for example, we haven't seen many deals materialize. until we see that it can't give the market that much confidence until real money is put to work. guy: the other thing -- sorry. really quickly. the other thing that jamie dimon said was that he thought regulation would be more onerous. does that imply we will see more consolidation? sonali: the banks are prepa

private equity names like blackstone are popping up.ld they be part of the banking sector in a bigger way we'll talk to one investor about this and the analyst tells us why he sees 60% upside from here. and remember when inflation was transitory that's a distant memory for most americans who expect high prices are here to stay we'll talk to a "wall street journal"ist about why that is such a problem >>> first, though, dom chu with the numbers. >> the stock prices are actually falling. so that's probably one of the parts of the narrative that you want to talk about with regard to taming the inflation. but the s&p 500 is now just a hair above the 4100 mark you can see 4102 this is pretty much the lows of the session, down about 28 points as you can see right here we were up 13 points earlier on, looking like we were going to see a rally or a bounce. that sort of thing but the s&p 500 down about 2/3 of 1%. one half of 1% declines for the dow, 33,136. and the nasdaq down about 110 points, 12,217 the underperformer, off by almost 1%. so one

sonali: if you look at the stocks so far this year, you have blackstone heavily weighted toward realstate and there are worries about private valuations under the surface, particularly at mna markets. we had a conversation earlier over at goldman sachs and they see green shoots particular this week when you see best and great come back at scale. there is a problem with the debt ceiling debate and some of that activity can be pushed along further into later this year. without exit opportunities, you will see some depressed marks when you look at the private equity universe because that's a huge avenue in which you are not able to exit opportunities and that puts pressure on pricing. jon: let's shift from wall street to columbus, ohio. it's starting to look different. you were talking about palantir's big ai push and when these has its own ai push. katie: it feels like every company has to pay lip service to having an ai strategy which is interesting news for wendy's. they plan to test an ai checkbox next month and it will talk to customers and has a female voice and it will use google

we saw blackstone working away from an office building, a growing number of deep-pocketed investors making the decision saying the building is worth much less tha it was. the credit conditions are much harder, the cost of financing this building , in some cases, more than doubled. it is time to walk away and abandon it. >> when you talk about it, commercial buildings can be anything from hotels to clinics number of places where people do business and th trickle-down thgsto think out, >>> we continue to dig into thi very important story. devin fehely is talking with a bay area nonprofit, asking what is next for them. their money is i first republic bank. so, if thomas is right, they don't hav a lot to worry about. it is th people who held commercial properties or those jumbo loans we will try to get you important answers coming up tonight at 5:00. >>> today is the start of asian-american and pacific islander heritage month. we begin with a sobering story for three suspects have been arrested for allegedly targetin aapi communities in a targeted string of robberies throughout the bay area. t

but again, if you see brookfield and blackstone, just think about, you know, the family that owns onehe mom and pop group that the own one or two buildings. i mean, they're dead in the water. liz: we'll continue to watch it. and you're lucky, you're more exposed to the, as you say, multifamily homes, and that seems to be the healthier part of it. patrick, thanks. >> thank you. liz: we are coming right back as we look at the dow jones industrials still down about 28 points. s&p flat, nasdaq lower by 13. ♪ ♪ i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. i'm so... ...glad we did this. [kid plays drums] life is for living. let's partner for all of it. i'm so glad we did this. edward jones (man) what if my type 2 diabetes takes over? (woman) what if all i do isn't enough? or what if i can do diabetes differently? (avo) now you can with once-weekly mounjaro. mounjaro helps your body regulate blood sugar, and mounjaro can help decrease how much food you eat. 3 out of 4 people reached an a1c of less than 7%. plus people taking mounjaro lost up to 25 pounds. mounja

more trouble for pacwest and the potential partnership between regionals and blackstone what the latest headlines could mean for the markets. >>> plus, google glory alphabet adding $115 billion to its market cap in two days has the company behind bard taken the lead in the a.i. race? and later, tesla gets its ceo back twitter gets its -- tet sla, too bonus for one of them. we're diving into all those trades i'm melissa lee. this is "fast money. live at the nasdaq market site in the heart of times square we start off with the latest developments on the debt ceiling. the meeting between principles scheduled for tomorrow has been postponed. let's get to kayla for all the details. >> melissa, that news coming late this afternoon after the market closed that the principles had all agreed to postpone the meeting for sometime early next week, according to a white house official it's expected to take place before the president departs for asia on wednesday. and it comes after top staff, including the white house head of legislative affairs, who you are looking at here on the capitol staircase,

blackstone. you deserved a better way of cook and you responded, igniting an outdoor cooking revolution with more an eight million griddles soul creating better backyard celebrations big enough for your home neighborhood with an enormous variety of your favorite foods. when you cook blackstone, you get a better cooking experience and better food. your breakfast is better. watch better. every dinner you craft is done better with more ways to cook and more tools to cook with better. you can cook anything any time ,anywhere , and we're never done pushing for more , more flavor, more community, more fun. you deserve better to go to the nearest black stone retailer or log on to black stone products. dot to get yours today. >> black stone better. >> the usfl kicks off week week for this is it saturday at 1:00 eastern on fox. that the houston gamblers take on the philadelphia star's bid. sunday at 6:30 on . that's one of birmingham stallions battle. the pittsburgh maller seydou. they're real pros. real

and full freedom of press because journalism is most of crime, and blackstone government has cooled in the army to help and violent protest against the rest. the former prime minister, run con, con, has been formally charged with illegally setting state gifts during his time and office in order to stay in custody for 8 days. the united states is bracing for search of migrants, such as border with mexico author restrictions brought in during the caving pandemic come to an end. the cycle title of $42.00 allowed for the agents to rapidly expelled migrants to mexico. now, united states as it will tighten border controls. right, right. the headlines is always a website out there, a dot com and select just on our top story support line company one year after that, turn out to the return of the city network. the short deadline is really site most reporting in the occupied website. we looked at the international outreach of how modelled and defined for justice and accountability. i have funding in special coverage this week on al jazeera of the, the. c the 112022 that's been posted in american

cuz now it's all of blackstone blur and you don't remember the thing. sounds like you had a few drinks that make your brain press pulse on creating long term memories. even though you were fully conscious the entire time. so what exactly happens in your brain doing a blackout and could blackouts cause long term damage and even increase your risk for dementia? as you may know from experience, blackouts are most likely to occur when you drink a lot of alcohol within a short period of time. meaning when you have high levels of alcohol in your blood, that's usually the case with binge drinking. that body weight and even your genes also influence left alcohol level. by the way, you come to train yourself to not have a blackout. so even if you think you are an experienced drinker, it won't help. so when exactly can you expect a blackout? let's assume you're a 23 year old woman weighing around 60 kiddos. if you're doing a bit more than 5 classes of wine within 2 hours, your blood alcohol content will be about 0.16 percent. this will certainly and pay your brai

and if that happens, if there's a good chance as something will be agreed on, then his mind keeps blackstone on alternative media. narratives in the country you find is with the 527 sports and the press freedom index according to a racing with a spot recess. report is without food is benji at his latest and dikes puts no way in the 1st place. the 2nd year in a row, the united kingdom came in 26 with the us folding behind ranking 45th this year. your claim, i expect to be searched up from $106.00 to $17.00, 9th place. all right, so as to be to the improvement to a stabilisation of the media and the decrease of all the golf influence in the country. this comes despite the new little bronze and key of unprecedented power to regulate the activity of media outlets which can now be binds by the government and ukraine for 14 days. without a cool decision. russian language, tv channels, and other media results is explicit. a prohibited from operating that it's the latest move and a string of crackdowns that began onto the, made on to in 2014 electronics, aggressively anti rushing state policy with m

sport as well as others they say that itv has instructed kings council, a senior barrister, of blackstoneew to read back so that she will review records and talk to people involved with this work will also consider relevant procedures and policies and whether we need to change or strengthen any and perhaps most interest to those people. those letters going out they say that itv will of course share the findings of those in due course. thank you so much for bringing us up to date. nato is to send more soldiers to kosovo after a number of peacekeeping troops there were hurt in clashes with protesters. the disturbances began when ethnic—albanian mayors took over in several towns where ethnic serbs are in the majority. but the crisis dates back to april when kosovo serbs boycotted local elections, thereby allowing ethnic albanians to take control of local councils. dozens of kosovo serb protesters gathered in front of the municipal building in the town of zvejan this morning to demand the removal from office of the elected mayor, an ethnic albanian. thank you very much forjoining us here on t

avalarahhh ahhh shery: here is a quick check of the latest business flash headlines for blackstone'seal estate trust for wealthy individuals has limited redemptions for six straight months. investors asked to redeem four and a half billion dollars in april from blackstone real estate income trust, the same amount shareholders saw in march. the trust are allowed $1.3 billion to be withdrawn, 29 percent of the amount requested. mgm resorts has reported first-quarter results that beat wall street forecasts. the largest operator of casinos on the las vegas strip credits growth in nevada and the rebound in macau earnings sword. of more than four times the tencent average of analyst estimates. it grew by more than one third to $3.7 billion, outperforming projections. haidi: qantas has announced a successor to alan joyce when he stepped down in november. chief financial officer vanessa will take over as the first woman to lead. bloomberg's paul allen joins us for more. and we heard some speculation about this, this tightening perhaps coming as a little bit of a surprise. what do we know abo

sonali: a lot of talk about blackstone, apollo, partnering with a lot of these firms.ack west got that private credit line. it's collateralized but pack west is one of those banks falling heavily today. what are the limitations and opportunities where you can invest? daniel: our business on the private credit side has a normal business. we have almost $40 million asset based finance. we have 40 people dedicated to that focusing on these assets. more than just hard assets. we can lend money, provide solutions and capital. i think that will continue and it's a global point not just a u.s. point. as banks generally strengthen and step out of lending businesses, private credit can fill that void. that's been a big story for you all for some time. sonali: where won't you touch? what is too risky for you? daniel: a lot of places are not overly focused. i think as the u.s. consumers performing well, of the deep subprime that's not for us. i think there certain long dated new energy related releasing assets for us. i think we've got areas of real expertise whether it's in auto

scarlet: that was the blackstone ceo at the qatar economic forum saying that they are in talks with severald -- i want to bring in anna barber, a partner at m to -- m13. for her take in all of this. it is good to speak with you. and it comes to the regional bank stresses, you have portfolio company's that banked at svb and you have a portfolio company that offers alternatives to the portfolio offered at svb. what cap -- have you learned as a vc partner -- and what it means for the feature for eb -- the future for ebanking. >> one thing that is important to remember is this was in a crisis of the tech industry. the changes that regional banks are experiencing our driven by the rise of interest rates and inflation and are a balance sheet challenge for the regional banks like svb. though small companies, technology -- the small companies, technology company's that bank with them, many of those companies that have -- had their assets consolidated in one bank had a stressful time, worried that their assets might be in danger. at m13, our portfolio was in decent shape because we have been recomme

we will have interviews with the ceos of mastercard must of the beast and the blackstone ceo. rbnz has declared mission accomplished to the surprise of many. they hiked but said our tightening cycle is done. you can see cuts in 2024. biggest drop in the front end of the kiwi yield since 2011. the kiwi dollar also falling one and 130%, down against virtually every global currency this morning. u.s. bonds are bid in sympathy, the front end of the u.s. curve down seven basis points. a good day for rethinking entrenched positions. some jitters when it comes to the debt ceiling. wei li at black rock saying she is looking beyond the debt ceiling but it could cause dislocations. s&p 500 futures had higher after falling 1% yesterday. european stocks, an ugly day when it comes to luxury, $30 billion in market cap wiped out. arneault sees his wealth probably about $11 billion. in terms of other entrenched positions we're rethinking, japan is trading at its highest since the 1990's. the nikkei taking a pause and slight reversal from all-time highs, trading down .6%. the china trade is al

i saw a trager and saw a blackstone, i'd rather give my money to larry fink than give money to blackstone. i will say this, i want a new pc, a pc i can talk to and say, listen, i had a great time last night at gramercy, could you book me there again? that's what's going to happen. >> a lot of fed speak and now more data with ip. let's get to rick santelli >> expecting our read out of april for industrial production. hitting the buyers for industrial production, ex-peration are for unchanged, up half of 1%. that's the nicest since january when it was up nearly 1% if you look at utilization, 79.7 exactly as expected. light with respect to the veer view mirror which stands at 79.8 in the veer view mirror. 79.7 is the lightest level since february we see that utilization rates remain a bit sluggish, under 80. industrial production definitely ramped up a bit. late revisions coming in, 79.8 for utilization last month, drops down to 79.4 we see interest rates are up across the yield curve much of that was better-than-expected retail sales at 8:30 eastern. "squawk on the street" will return after

he was also a dealmaker. 2006 no one would forget when he sold equity to blackstone and at the time itistoric deal. also his tour with the tribune as well and he was a dealmaker. there is a generation of dealmakers at the time that were older than the ones we see today particularly in industries like real estate. he was in the real estate business since college. this was his life's work that he will be remembered for. alix: i remember talking with him about other areas as well. he had his hands in a lot of different. and you mentioned about the takeover what you know that he did on the day to day basis? >> there's been a secession plan for a while. it is not so much about the future of it but for a wild there had been a transition he was 81 but he was still a figurehead. when you have a figurehead that is larger-than-life your name will always be succeeded. there were other things also that he had a lot of deep ties to. since he was born in chicago he had ties to northwestern, he went to the university of michigan, he also had a lot of ties to big academic institutions as well. it was

i think blackstone is doing the right thing.he industry owes them a debt of gratitude because they are teaching investors that alternatives are not an atm. they are an asset class that is under stress because people are concerned about real estate valuations. they are redeeming because they think valuations are headed down. they are doing exactly what they are supposed to do and what these vehicles are designed to do. but i think about the structure of our business and retail investors are going to be 50% allocated. but not alternatives, private equity and hedge funds. just alternatives to publicly traded stocks and bonds. sonali: what do you say to people who criticize the private markets and credit markets? >> the easiest thing to value is a bond. cash flows, interest rate and duration. better risk reward has been available in private markets than in public markets for much of the last 10 to 12 years. everyone in our industry has picked a different segment. private investment rate is something people have not compton plated --