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Mar 11, 2020
03/20
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tea are, not of the department of commerce.i think your discussions with ambassador lighthizer are really the right ones to have, but we are not the ones who can grant exclusions under section 3 oh one. >> hopefully you will weigh in with ambassador lighthizer about the need for small businesses. >> i will be very happy to carry informally to the ambassador your comments. >> as i said in my opening statement i was really disappointed to see, again, the but should propose to eliminate the economic deval development administration. it is the principal office within the department of commerce that supports communities that are hurting from trade-related pressures, and at a time when communities and small businesses are facing these challenges it would be helpful to continue to support those efforts that can make a difference for them. one of the -- it's also inconsistent with a recent tweet that you issued, supporting the economic development and administration and we have a copy of that here where you said, that the trump adminis
tea are, not of the department of commerce.i think your discussions with ambassador lighthizer are really the right ones to have, but we are not the ones who can grant exclusions under section 3 oh one. >> hopefully you will weigh in with ambassador lighthizer about the need for small businesses. >> i will be very happy to carry informally to the ambassador your comments. >> as i said in my opening statement i was really disappointed to see, again, the but should propose to...
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Mar 14, 2020
03/20
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CSPAN2
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of commerce. welcome secretary ross for your appearance. we look forward to hearing from you this morning. as we, know the department of commerce executes a broad range of critical activities for our nation, things that are important to every american, things that are important to us as members of the senate, and issues that we care a lot about. research and development, cutting edge technology for predicting the weather, increasing trade and investment, recruiting businesses to our communities. the census has been an essential component of the departments business for the last several years. the presidents request is eight billion dollars, 6.7 billion below the fy 20 enacted level, which represents a 44% decrease in the departments overall budget. while this is a large decrease on paper, much of it is due to the planned ramp down of the funding of the 2020 census. that said, i am troubled by some of the proposed cuts to core programs that are overshadowed by the magnitude of reduction to the cens
of commerce. welcome secretary ross for your appearance. we look forward to hearing from you this morning. as we, know the department of commerce executes a broad range of critical activities for our nation, things that are important to every american, things that are important to us as members of the senate, and issues that we care a lot about. research and development, cutting edge technology for predicting the weather, increasing trade and investment, recruiting businesses to our...
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Mar 5, 2020
03/20
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the commerce department's office of space commerce is the second priority initiative that urgently needs funding. hour request of $15 million advances u.s. leadership in space as we shift responsibility for tracking tens of thousands, in fact, hundreds of thousands of pieces of space debris from the department of defense to the department of commerce. the pokes nene rble growth of commercial satellites is increasing geometrically the risk of catastrophic collisions that could generate additional debris and threaten critical space assets. the task of tracking this debris and providing accurate warnings to space operators was set forth in space policy directive number 3. finally, the budget requests $474.4 million for the international trade administration. the i.t.a. enables u.s. companies and their domestic employees to compete on a level international playing field. we seek an additional $5 million for i.t.a.'s enforcement and compliance division. to keep up with the increasing number of anti-dumping and countervailing duty cases. funding will also enable us to conduct additional review
the commerce department's office of space commerce is the second priority initiative that urgently needs funding. hour request of $15 million advances u.s. leadership in space as we shift responsibility for tracking tens of thousands, in fact, hundreds of thousands of pieces of space debris from the department of defense to the department of commerce. the pokes nene rble growth of commercial satellites is increasing geometrically the risk of catastrophic collisions that could generate...
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Mar 5, 2020
03/20
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i look through my seven priorities here for the department of commerce, six of those relate to fisheries or to our oceans. so let me begin with funding for fisheries surveys. you know the significance of the fisheries in my state. we rely on annual surveys conducted by regional science centers to determine sustainable harvest levels. we have heard continued concerns that surveys are at risk due to budget pressures. my concern has always been that noaa shouldn't be put in a situation where they've got to choose between personnel and survey funding. noaa shouldn't have to make the tradeoff, effectively, that jeopardizes the core mission of managing our fisheries and supporting our u.s. seafood producers. o question for you about the surveys and how noaa plans to accurately survey and i guess more broadly why the agency isn't requesting the funds that it needs for such a key part of its mission. if you don't have accurate surveys, you don't have sustainably managed fisheries. mr. ross: we certainly agree that we need accurate surveys in order to have accurate regulations of the fisheries. i
i look through my seven priorities here for the department of commerce, six of those relate to fisheries or to our oceans. so let me begin with funding for fisheries surveys. you know the significance of the fisheries in my state. we rely on annual surveys conducted by regional science centers to determine sustainable harvest levels. we have heard continued concerns that surveys are at risk due to budget pressures. my concern has always been that noaa shouldn't be put in a situation where...
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Mar 11, 2020
03/20
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commerce distributes 40% of all the factual information that is emitted by the u.s. government. we're very good at communicating with the commercial sector and so this is a safety issue more than it is a transfer of budget issue. mr. moran: that i fully understand as well. i'm just trying to make sure we justify the amount of money that we appropriate based upon the facts. mr. ross: i will certainly try. i have no control over d.o.d. i would suggest maybe you fellas have better control than i do with the appropriation process. mr. moran: thank you. mrs. shaheen: thank you, mr. secretary. my question is really about the census. but this exchange has raised an issue in my mind and that is, you're aware of, i know, we are generally discouraged from authorizing in appropriations bills and i understand there is a bill in the commerce committee that would address the transfer of this responsibility into the department of commerce. can you give me -- give us an update on where that bill is and why we're trying to authorize through the appropriations process this new entity. mr. ross: i
commerce distributes 40% of all the factual information that is emitted by the u.s. government. we're very good at communicating with the commercial sector and so this is a safety issue more than it is a transfer of budget issue. mr. moran: that i fully understand as well. i'm just trying to make sure we justify the amount of money that we appropriate based upon the facts. mr. ross: i will certainly try. i have no control over d.o.d. i would suggest maybe you fellas have better control than i...
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Mar 14, 2020
03/20
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CSPAN2
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responsibility into the department of commerce. can you o give me, give us an update on where that bill is? and why we're trying to authorize through the appropriations process this new entity? >> i'm not quite sure i understood thete question. what is the information you're seeking? >> where the bill is in the committee, the senate commerce committee with respect to this process, because what you're suggesting is that we set up a new bureau within the department of commerce, within the office of the is secretary to do this responsibility -- the office of the is secretary to do this responsibility. and as you know, appropriators are generally discouraged from authorizing new language, new departments, new entities within appropriations bills. and so i just -- i wonder, you don't need to do that now, but t perhaps your office could gets an update on what the challenges are there and why that hasn't been done before we're trying -- >> we'll be happy to do so. >> that'd be great. >> so we will come back to you, senator. >> thank you.
responsibility into the department of commerce. can you o give me, give us an update on where that bill is? and why we're trying to authorize through the appropriations process this new entity? >> i'm not quite sure i understood thete question. what is the information you're seeking? >> where the bill is in the committee, the senate commerce committee with respect to this process, because what you're suggesting is that we set up a new bureau within the department of commerce, within...
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Mar 24, 2020
03/20
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CSPAN
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we are deploying another $40 million in emergency money through all of our existing commerce finance programs. to specifically target assistance to maryland small businesses to help them survive this covid-19 crisis and to help them preserve the jobs of their employees. today, i also issued an executive order to protect families from price gouging. this covers all essential household items and commodities. retailers who attempt to exploit this crisis for profit and gain will be prosecuted to the fullest extent of the law. my administration is marshaling every tool in the arsenal of public health to combat and slow the spread of this pandemic. a week ago, we launched our plan to increase hospital capacity by an additional 6000 beds in order to meet the demand created by the escalating spread of this virus. phase one of this plan has already made 900 beds immediately available. we expect an additional 1400 beds by early april. plans are underway, as we speak, to establish a field hospital at the baltimore convention center as an alternate care and an alternate care at the adjacent hilt
we are deploying another $40 million in emergency money through all of our existing commerce finance programs. to specifically target assistance to maryland small businesses to help them survive this covid-19 crisis and to help them preserve the jobs of their employees. today, i also issued an executive order to protect families from price gouging. this covers all essential household items and commodities. retailers who attempt to exploit this crisis for profit and gain will be prosecuted to...
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Mar 25, 2020
03/20
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BLOOMBERG
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e-commerce would be one of them in light of quarantine measures. we are seeing more shopping taking place online, we are seeing more reliance on internet services more broadly, everything from education services to mobile food ordering, food delivery. a whole host of opportunities we see across the internet space and e-commerce specifically. we also have a positive view on 5g buildout, more specifically on the infrastructure side than the smartphone maker side. we see really attractive valuations on the infrastructure side, which would be network equipment companies, and tower companies as well. our overarching view is if there are long-term trends we see developing, this is a good time to get exposure for investors that do have some risk appetite right now. emily: that said, let's talk about e-commerce. amazon shares ending the day down 3%. amazon closing a warehouse in the u.s. indefinitely due to employees at the warehouse testing positive for the coronavirus. this has happened a couple places across the web and is happening in europe. if you ar
e-commerce would be one of them in light of quarantine measures. we are seeing more shopping taking place online, we are seeing more reliance on internet services more broadly, everything from education services to mobile food ordering, food delivery. a whole host of opportunities we see across the internet space and e-commerce specifically. we also have a positive view on 5g buildout, more specifically on the infrastructure side than the smartphone maker side. we see really attractive...
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Mar 7, 2020
03/20
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CSPAN2
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the rae still or daylight civic in america agains with chamber of commerce. big department stores, the principal economic force in america in 1910 to 10930 want daylight saving time. here's why. people are working regular hours, they stop shopping during the day. the department stores figure if you give the people extra light in the after work hours, their windows will be lit up, they will iraq by a and people will go in and shop. daylight saving has never been authoritatively proved to save anyone any significant amount of energy, but it has proved itself to be the most significantly useful spending plan in american history. it is part of what accounts for its tremendous popularity. however, people really didn't like fiddling with their clocks. in world war i comes, america manages to get adaylight saving lie. wilson desperatery want its and push this congress to do it. it is so fast,ly controversial and unpopular that as the war ends, the first thing congress acts on before it passes the treaty of versailles is the repeal of daylight saving of can't stand i
the rae still or daylight civic in america agains with chamber of commerce. big department stores, the principal economic force in america in 1910 to 10930 want daylight saving time. here's why. people are working regular hours, they stop shopping during the day. the department stores figure if you give the people extra light in the after work hours, their windows will be lit up, they will iraq by a and people will go in and shop. daylight saving has never been authoritatively proved to save...
SFGTV: San Francisco Government Television
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Mar 16, 2020
03/20
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SFGTV
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and chinese chamber of commerce. we are so glad that the mayor and supervisor are proactive with action against this virus. to promote the businesses in the community. i hope the community around the chinatown and san francisco we have to do something else. we have to do the business in our part. we come out to shopping, we come out to eat, to support the local business. we are working together, we can overcome this difficult time. now let me use a chinese word. [speaking chinese] (applause) >> now, i would like to ask our recorder to say a few words. >> i would like to ask our treasure to stand beside me. the leaders today not only the mayor and board of supervisors and state representatives but jose and i have been working around the clock to figure out ways to help to support our community. a lot has been said already about the importance of all of us taking decisive action to make sure we are doing all we can to support local businesses. one thing to say is that this is not the last action. what you are seeing a
and chinese chamber of commerce. we are so glad that the mayor and supervisor are proactive with action against this virus. to promote the businesses in the community. i hope the community around the chinatown and san francisco we have to do something else. we have to do the business in our part. we come out to shopping, we come out to eat, to support the local business. we are working together, we can overcome this difficult time. now let me use a chinese word. [speaking chinese] (applause)...
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Mar 23, 2020
03/20
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the maryland department of commerce and the maryland department of labor. to help hard-pressed marylanders and small businesses help them get through this difficult period. our unemployment insurance program has ramped up and is dedicated to helping employees and employers who've been affected by covid-19. if you've been laid off, you can immediately file a claim iphone or email or by submitting anapplication online . unlike other states, maryland has no waiting period whatsoever so claims can be filed right away immediately. and we are launching the covid-19 layoff a version fund. as of today an additional $7 million is available to help all businesses retain their employees during this crisis. maryland's small businesses can apply for up to $50,000 in flexible funding to help continue operations and keep their employees on thepayroll . these resources are available right now at business express .maryland.gov /coronavirus. through the maryland department of congress today we are introducing the maryland small business covid-19 relief fund. a $75 million fu
the maryland department of commerce and the maryland department of labor. to help hard-pressed marylanders and small businesses help them get through this difficult period. our unemployment insurance program has ramped up and is dedicated to helping employees and employers who've been affected by covid-19. if you've been laid off, you can immediately file a claim iphone or email or by submitting anapplication online . unlike other states, maryland has no waiting period whatsoever so claims can...
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Mar 30, 2020
03/20
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CNBC
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it is like for a lot of e-commerce businesses. massive amount of pressure on the system but my hat is off to all those people delivering packages to your doors every day. we have a place in richmond which still continues to operate and that's hugely important. we sell beautiful shirts to people that can afford them and blessed to have this business. people need the supplies, you know, that are critical for them, whether that's advil, tylenol or dish washing detergent. in our case we're still able to fulfill and hopefully get a shirt to somebody's door and surprise them in a couple weeks and, you know, make them think of something else besides the news >> paul, i hear what you're saying about layoffs and those difficult decisions that you've had to make, so i want to ask about fiscal help from the government because it seems that in an effort started in the senate that was going to be offer these loans that would be forgiven if businesses didn't lay off anyone, what is it about the structure of that, that perhaps doesn't make it do
it is like for a lot of e-commerce businesses. massive amount of pressure on the system but my hat is off to all those people delivering packages to your doors every day. we have a place in richmond which still continues to operate and that's hugely important. we sell beautiful shirts to people that can afford them and blessed to have this business. people need the supplies, you know, that are critical for them, whether that's advil, tylenol or dish washing detergent. in our case we're still...
SFGTV: San Francisco Government Television
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Mar 24, 2020
03/20
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SFGTV
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and chinese chamber of commerce. we are so glad that the mayor and supervisor are proactive with action against this virus. to promote the businesses in the community. i hope the community around the chinatown and san francisco we have to do something else. we have to do the business in our part. we come out to shopping, we come out to eat, to support the local business. we are working together, we can overcome this difficult time. now let me use a chinese word. [speaking chinese] (applause) >> now, i would like to ask our recorder to say a few words. >> i would like to ask our treasure to stand beside me. the leaders today not only the mayor and board of supervisors and state representatives but jose and i have been working around the clock to figure out ways to help to support our community. a lot has been said already about the importance of all of us taking decisive action to make sure we are doing all we can to support local businesses. one thing to say is that this is not the last action. what you are seeing a
and chinese chamber of commerce. we are so glad that the mayor and supervisor are proactive with action against this virus. to promote the businesses in the community. i hope the community around the chinatown and san francisco we have to do something else. we have to do the business in our part. we come out to shopping, we come out to eat, to support the local business. we are working together, we can overcome this difficult time. now let me use a chinese word. [speaking chinese] (applause)...
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Mar 4, 2020
03/20
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CSPAN
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customs and border patrol commissioner is among the witnesses expected to appear before the senate commerce aviation subcommittee. >> for month senator bernie sanders spoke to supporters in as x justice -- essex junction, vermont. is expected to win four states and is running neck and neck with joe biden in maine and texas. >> ladies and gentlemen, the next president of the united states, bernie sanders. [applause] >> ♪ power to the people [cheers and applause] sen. sanders: thank you, vermont! [cheers and applause] you know, it is a funny thing. 31 years ago today, we won the mayoral race in burlington, vermont. [cheers and applause] and we won that race against all of the odds. everybody said it couldn't be done! [applause] and when we began this race for the presidency, everybody said it could not be done. [cheers and applause] but tonight, i tell you with absolute confidence, we are going to win the democratic nomination. [applause] and we are going to defeat the most dangerous president in the history of this country. [cheers and applause] we are going to win. bernie, bernie! sen. sand
customs and border patrol commissioner is among the witnesses expected to appear before the senate commerce aviation subcommittee. >> for month senator bernie sanders spoke to supporters in as x justice -- essex junction, vermont. is expected to win four states and is running neck and neck with joe biden in maine and texas. >> ladies and gentlemen, the next president of the united states, bernie sanders. [applause] >> ♪ power to the people [cheers and applause] sen. sanders:...
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Mar 3, 2020
03/20
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CSPAN2
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on climate change, they support the chamber of commerce, and the chamber of commerce is our adversary. look at the big food and beverage companies. they've got crops, a supply chain of grain and fruit, vegetables, crops that the chamber report 30 years ago told us would be affected by climate change. those crops are the bread and butter, the supply chain of these big food and beverage companies. where are they? many food and beverage companies say they understand the threat of climate change. pepsi signed a series climate declaration and the prince of whales corporate leaders group trillion-ton communique, both important commitments to climate action. pepsi's rival coke-cola. coke says it plans to reduce co2 emissions by 25% and that to do so it will work to reduce the greenhouse gas emissions across its value chain making comprehensive carbon footprint productions across its manufacturing process, packaging formats, delivery fleet, refrigeration equipment and ingredient sourcing. yet both coke and pep sip fund -- coke and pepsi fund the chamber of commerce denial and obstruction oper
on climate change, they support the chamber of commerce, and the chamber of commerce is our adversary. look at the big food and beverage companies. they've got crops, a supply chain of grain and fruit, vegetables, crops that the chamber report 30 years ago told us would be affected by climate change. those crops are the bread and butter, the supply chain of these big food and beverage companies. where are they? many food and beverage companies say they understand the threat of climate change....
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Mar 4, 2020
03/20
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CSPAN
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protection officer mark morgan is among one of the witnesses scheduled to appear before the senate commerce aviation subcommittee. >> former new york city mayor mike bloomberg spoke as the results of super tuesday primaries were started to be reported. voters go to the polls on march 17. ♪ mayor bloomberg: well, hello, florida! [cheers and applause] what a crowd. thank you all for coming. judy and i were just going to sit home tonight. her at her home, i at mine. watch a little television. have a drink or two. i want to thank judge judy. isn't she amazing? [cheers and applause] and also a big thanks to all the elected officials in florida supporting our campaign. including the mayor and congress members ted deutch and stephanie murphy. let's hear it for them. it is great to be here in this beautiful state. i know you are not used to seeing a new yorker in southern florida in late winter. [laughter] but unlike the president, i did not come here to golf. [cheers and applause] or to reveal classified information to mar-a-lago members. [cheers] i came here because winning in november starts wit
protection officer mark morgan is among one of the witnesses scheduled to appear before the senate commerce aviation subcommittee. >> former new york city mayor mike bloomberg spoke as the results of super tuesday primaries were started to be reported. voters go to the polls on march 17. ♪ mayor bloomberg: well, hello, florida! [cheers and applause] what a crowd. thank you all for coming. judy and i were just going to sit home tonight. her at her home, i at mine. watch a little...
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Mar 14, 2020
03/20
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BLOOMBERG
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e-commerce plat form pinduoduo remains positive despite its recent sales miss.om the vice president of strategy next. this is bloomberg. ♪ emily: several companies are expecting headwinds from the coronavirus pandemic, including chinese e-commerce giants like alibaba. pinduoduo is no exception. the company reported fourth quarter fails and missed viceates, but the president of strategy is still positive. >> in terms of impact e-commerce, we are seeing an onset of coronavirus outbreaks in china that e-commerce played a big part in supporting and stabilizing the lives of daily -- lives of the people. we are the second largest in china in terms of user account, so millions have come to rely on us for daily necessities. in trying times like this our priorities are with our users, so we have continued to provide subsidies against daily supplies dailyical supplies, necessities, from the very beginning we see surge outpacing demand in the market. that said the other thing i , would point out is that 13% of our gross merchandise volume is in agricultural produce. we hav
e-commerce plat form pinduoduo remains positive despite its recent sales miss.om the vice president of strategy next. this is bloomberg. ♪ emily: several companies are expecting headwinds from the coronavirus pandemic, including chinese e-commerce giants like alibaba. pinduoduo is no exception. the company reported fourth quarter fails and missed viceates, but the president of strategy is still positive. >> in terms of impact e-commerce, we are seeing an onset of coronavirus outbreaks...
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Mar 16, 2020
03/20
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CNBC
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neil bradley, evp of the chamber of commerce. thank you, sir. >>> coming up, we'll take another quick short break. netflix down, it was 3%. now it's 7% today. we're going to talk about how it held up relatively better amid the downturn and may not last. >>> here's a look at the markets more broadly today the dow drifting lower, down 2100, that's a 9% decline. just about that amount for the s&p 500 down 242 under 2500. we'll be right back. a golf course is designed to be difficult. to challenge your thinking and test your execution. but great minds are driven to seek out the complex. they see what others don't, from an angle others won't take. they learn that embracing those challenges is what sets them apart. i am justin rose, and we are morgan stanley. you may be learning about, medicare and supplemental insurance. medicare is great, but it doesn't cover everything ...only about 80% of your part b medicare costs. a medicare supplement insurance plan may help cover some of the rest. learn how an aarp medicare supplement insurance
neil bradley, evp of the chamber of commerce. thank you, sir. >>> coming up, we'll take another quick short break. netflix down, it was 3%. now it's 7% today. we're going to talk about how it held up relatively better amid the downturn and may not last. >>> here's a look at the markets more broadly today the dow drifting lower, down 2100, that's a 9% decline. just about that amount for the s&p 500 down 242 under 2500. we'll be right back. a golf course is designed to be...
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Mar 20, 2020
03/20
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ALJAZ
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citizens can return against cross both borders making clear to that trade and commerce will continue legal trade and commerce as president trumpeted will continue but this would have a major impact on daily life obviously the u.s. canadian border one of the longest borders in the world the acting homeland secretary made mention of some things as well saying that between october and february this year there were some 20000 illegal crossings of the canadian border 150000 illegal crossings of the mexican border the southern one so once again saying that this did pose a major health hazard this particular point for now and to buy the government's expert dr anthony fauci who made very clear that the closure of the borders was very much a health issue and it was essential if the attack against the virus is going to continue effectively donald trump also targeting the corporation that's going on there seems to have been a call for all the governors of the u.s. and and he and dr fancy as well as sort of enterprise the actions which have been taken by the likes of governor cuomo in new york a
citizens can return against cross both borders making clear to that trade and commerce will continue legal trade and commerce as president trumpeted will continue but this would have a major impact on daily life obviously the u.s. canadian border one of the longest borders in the world the acting homeland secretary made mention of some things as well saying that between october and february this year there were some 20000 illegal crossings of the canadian border 150000 illegal crossings of the...
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Mar 31, 2020
03/20
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CNBC
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where chambers of commerce are so important for a lot of these banks and players. talk to them about how to access the real economy that's all part of our campaign today. >> a lot of moving parts and critical players thank you for joining us this morning. karen joining us from home as well she'll be with us after the break talking tech and benefits of more people working from home amid the coronavirus paernd. we'll have more next >>> welcome back, everybody. you are watching "street signs." a bit of possible good news for iranians they have announced that they have managed to send medical supplies to iran from europe without breaching american sanctions around the use of the dollar they've used a special fund which means they don't have to use dollars. at least some medical supplies are getting into iran at the moment >> microsoft shares over 7% higher after the company revealed a surge in demand for on line services in part because a large part of the work force is working from home karen, talk us through the opportunity for microsoft here >> microsoft, the big dr
where chambers of commerce are so important for a lot of these banks and players. talk to them about how to access the real economy that's all part of our campaign today. >> a lot of moving parts and critical players thank you for joining us this morning. karen joining us from home as well she'll be with us after the break talking tech and benefits of more people working from home amid the coronavirus paernd. we'll have more next >>> welcome back, everybody. you are watching...
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Mar 21, 2020
03/20
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KRON
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>>with details about trying to make sure that all nonessential commerce actually shut down. >>grant educatng that says educating residents about the needed to stay home and avoid close contact during this emergency is abouto give way to strict enforcent with violators possibly acg fines. so says san jose police chief eddie garcia, let's hear more from the chief now. san jose is eery quiet amost busine downtown san jose seems all but shut down. >>strip malls are shuttered parking ts are empty but still far too many businesses are not in compliance with the stay at ho order says police chief eddie garcia down there were 2 repair shops 3 restaurants, native to clothing stores for thnight hair salon 6 barbershop be smoke sh sold to fire ots and the list goes on, but going forward nonessential commerce will meet with sicter enforcemt says the chief police said a newly organized units that will patrol the city insearch of those in defiance of the order our current plan is tomove enforcement stance on any to business that have been ntacted and warned and the reopens one still sees
>>with details about trying to make sure that all nonessential commerce actually shut down. >>grant educatng that says educating residents about the needed to stay home and avoid close contact during this emergency is abouto give way to strict enforcent with violators possibly acg fines. so says san jose police chief eddie garcia, let's hear more from the chief now. san jose is eery quiet amost busine downtown san jose seems all but shut down. >>strip malls are shuttered...
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Mar 15, 2020
03/20
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BLOOMBERG
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pinduoduo, china's third-largest e-commerce platform, is no exception.rted third-quarter sales that missed estimates, but ,he vice president of strategy david lou, is still positive. david: in terms of impact to e-commerce, we have seen the onset of the coronavirus outbreak in china, e-commerce actually played a big part in supporting and stabilizing the lies of people. -- the lives of people. pinduoduo is actually the second largest in china in terms of user accounts, so millions have come to rely on pinduoduo for daily necessities. in trying times like this our priorities are with our users, so we have continued to provide subsidies against medical supplies and daily necessities from the very beginning when we see surge in demand outpacing the supply, and strongest array in the markets. that said, the other thing i would point out, pinduoduo, 13% of our gross merchandise volume is actually in agricultural produce. pinduoduo has been a strong online platform for the purchase of agricultural products. as you think about people staying home and looking fo
pinduoduo, china's third-largest e-commerce platform, is no exception.rted third-quarter sales that missed estimates, but ,he vice president of strategy david lou, is still positive. david: in terms of impact to e-commerce, we have seen the onset of the coronavirus outbreak in china, e-commerce actually played a big part in supporting and stabilizing the lies of people. -- the lives of people. pinduoduo is actually the second largest in china in terms of user accounts, so millions have come to...
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Mar 14, 2020
03/20
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KQED
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and the public policy director at the assistance chamber of commerce. welcome to you both. >> thanks for having us. >> let's start with you. you've been in nebu 60 years and 65 employees. how have you been fairing th week? >> it's been very ugto put it lightly. we have seen immediate cancellation in all of ca thring we were going to be doing for the next month. our downtown location at 181 fremont, near the new transbay terminal seen wednesday it was 50 decree in sales and today been 70% and declare in the downtown location. we do a decent amou of business with offices and our office orders ethave comy stopped. even the apartment at the sciences has closed. we've definitely seen a humongous impact. >> and you had to adjust. what changes have you made to the way your employees work so far? >> the first thing we did was implement safety protocols in the cafe, so that we can continue operating as a business so we are doing everything in to-go cups to duce the amount of handling of customer cups up and for here we moved all the cream and sugar to the burist
and the public policy director at the assistance chamber of commerce. welcome to you both. >> thanks for having us. >> let's start with you. you've been in nebu 60 years and 65 employees. how have you been fairing th week? >> it's been very ugto put it lightly. we have seen immediate cancellation in all of ca thring we were going to be doing for the next month. our downtown location at 181 fremont, near the new transbay terminal seen wednesday it was 50 decree in sales and...
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Mar 23, 2020
03/20
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BLOOMBERG
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goodness, we have been focused on building out our e-commerce business.have a lot of opportunity and upside. we have built extra capacity and bandwidth before this all happened. our e-commerce volume has now peaked to 10 times the highest historically. that has not abated yet. the volumes are very high. i think as you pointed out, a lot of people don't want to go to the stores. if they have an option, they will look at it. we are also offering free home delivery during this crisis. one thing i want to point out, in addition to e-commerce, free home delivery, we also have a significant drive-through presence. 50% of our stores have drive-through's. so we see a high volume of people coming through the drive through, and that is a good option. i think we are a really good indicator of how this is all going to play out because, right now, write eight more than any other pharmacy is in the nation's top hotspots and we are also in the locations where the virus is sure to materialize more significantly, new jersey, pennsylvania, and virginia. we have been in the
goodness, we have been focused on building out our e-commerce business.have a lot of opportunity and upside. we have built extra capacity and bandwidth before this all happened. our e-commerce volume has now peaked to 10 times the highest historically. that has not abated yet. the volumes are very high. i think as you pointed out, a lot of people don't want to go to the stores. if they have an option, they will look at it. we are also offering free home delivery during this crisis. one thing i...
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Mar 29, 2020
03/20
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CSPAN
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eye 51
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he is the ranking member of the house energy and commerce committee. congressman, thank you for joining us on "newsmakers." rep. walden: thank you. stay safe. steve: here in our studios, bob cusack, editor-in-chief of the hill. we appreciate the questions and comments. bob: thank you, steve. calvin coolidge, presidential chair, and many sleighs, on the u.s. government response to economic crises from the great depression through the coronavirus. >> crash in the great gatsby, that was the crash of the early 1929., not the crash of people thought america would never come back from the big up people of -- big up people of world war i. there was inflation, we were getting over a flu, the spanish influenza, all of this was going on. at that time, the government took a policy. the policy was let's pull out of the way. the government was response -- the government's response was so counterintuitive, it is almost impossible to armor -- impossible to utter it now. announcer: that is tonight on c-span's q&a. should wondering if i put myself to carry out orders t
he is the ranking member of the house energy and commerce committee. congressman, thank you for joining us on "newsmakers." rep. walden: thank you. stay safe. steve: here in our studios, bob cusack, editor-in-chief of the hill. we appreciate the questions and comments. bob: thank you, steve. calvin coolidge, presidential chair, and many sleighs, on the u.s. government response to economic crises from the great depression through the coronavirus. >> crash in the great gatsby,...
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Mar 31, 2020
03/20
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CNBC
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for more and how supply chains are adapting i'm joined by frank pore, ceo of commerce hub. welcome.e need some better news after that report so are you guys hiring >> yeah. we have been continuing to grow. obviously there's a surge in growth in e-commerce as stores are closing so we continue to do well online. you know that said there's certain categories of products that are doing well and other categories of products not doing as well. we are in the business of integrating large retailers online and large marketplaces with a network of about 12,000 distributors and brands that ship directly to the consumer so we have digital supply chain that's enabling significant flow and delivery at this time. >> we spoke with the ceo of ll bean yesterday saying he was seeing a big mix shift in the e-commerce, people ordering slippers what are you seeing in terms of what people are not ordering right now? >> certainly apparel is hit pretty hard. no one's getting a shirt for the friday's party and so, you know, the categorys that are doing well are the stay at home kind of products so everything
for more and how supply chains are adapting i'm joined by frank pore, ceo of commerce hub. welcome.e need some better news after that report so are you guys hiring >> yeah. we have been continuing to grow. obviously there's a surge in growth in e-commerce as stores are closing so we continue to do well online. you know that said there's certain categories of products that are doing well and other categories of products not doing as well. we are in the business of integrating large...
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Mar 22, 2020
03/20
by
CSPAN3
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eye 60
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that interfered with commerce. , people andiness commerce, they would not-they had a vested interest in subscribing to the atmospheric explanations, that this was not a contagious disease. where ordinary people want to hedge their bets and say if this is a contagious disease, let's do every thing we can to avoid it. >> where in sacramento at the organization of american historians. what questions did your peers and colleagues ask you? me, ihink they will ask hope, questions of how extensive this epidemic was among indigenous people. i speak about that talk talk in my paper. that will allow me-- the cho ctaw. it was spread to the west through indian removal and affected troops like the osage who live in missouri, kansas and oklahoma at the time. kansascted groups in that were being removed into kansas like the kickapoo. it will allow me then to talk about how indian removal is an epidemiological nightmare for indigenous people. knew a lot of indigenous people died from indian removal. way.t is in a general we know specifically the diseases they died from. the process of indian removal
that interfered with commerce. , people andiness commerce, they would not-they had a vested interest in subscribing to the atmospheric explanations, that this was not a contagious disease. where ordinary people want to hedge their bets and say if this is a contagious disease, let's do every thing we can to avoid it. >> where in sacramento at the organization of american historians. what questions did your peers and colleagues ask you? me, ihink they will ask hope, questions of how...
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Mar 11, 2020
03/20
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BBCNEWS
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chris southworth is back, the secretary general of the international chamber of commerce in the uk. good to see you again. earlier this week we we re you again. earlier this week we were discussing the stress that your members are under. many businesses worldwide are in your organisation. what they wa nt your organisation. what they want out of the budget here in the uk today? when you see action in four areas, this is an opportunity for the uk government to send some positive signals about how exactly it is going to make trade for everyone. we have talked a lot about that over the last two or three years. in terms of coronavirus, we need support for companies, particularly small companies, some sort of cash alleviation, relief on rates or tax, practical trade finance support, but we also need to see support on infrastructure. i think commitments of 600 billion on infrastructure spending is really welcome. uk by far spending is really welcome. uk byfarand spending is really welcome. uk by far and away the most unequal in the g7 on infrastructure so that is a huge step forward. also
chris southworth is back, the secretary general of the international chamber of commerce in the uk. good to see you again. earlier this week we we re you again. earlier this week we were discussing the stress that your members are under. many businesses worldwide are in your organisation. what they wa nt your organisation. what they want out of the budget here in the uk today? when you see action in four areas, this is an opportunity for the uk government to send some positive signals about how...
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Mar 11, 2020
03/20
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BLOOMBERG
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in terms of impact to e-commerce, we have seen on the onset of coronavirus outbreak in china that e-commerce actually played a big part in supporting the life of the people. pinduoduo is the second largest e-commerce platform in china in terms of user account, so around 600 million people have come to rely on pinduoduo for daily necessities. at a trying time like this, our priorities are actually with our users, so we have proceeded to provide subsidies against medical suppliers. when we see surgeon demand andacing the supply disarray in the markets area the other thing i would point out is -- is actually in agricultural produce. pinduoduo has been a strong online platform for purchase of agricultural products. as using about home and hood supplies, we leverage our network through the very different time to make sure farmers whose businesses have the impacted because of disruption of transportation are able to make goods available efficiently to the online logistics toeting make sure the goods are actually delivered promptly for the users in the comfort of their home. haslinda: but there has
in terms of impact to e-commerce, we have seen on the onset of coronavirus outbreak in china that e-commerce actually played a big part in supporting the life of the people. pinduoduo is the second largest e-commerce platform in china in terms of user account, so around 600 million people have come to rely on pinduoduo for daily necessities. at a trying time like this, our priorities are actually with our users, so we have proceeded to provide subsidies against medical suppliers. when we see...
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Mar 17, 2020
03/20
by
BBCNEWS
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andy verity, and from the bbc newsroom, richard burge, chief executive of the london chamber of commerce and industry. great to see you both, thanks for being with us. a lot of questions coming into us this evening. andy i will start with you. this is from maureen lindsay. she says "i am over 70 years old but still work, will i be able to continue to do so?" good question, the government has not said do not go to work at all. it has just said do not go to work at all. it hasjust said don't said do not go to work at all. it has just said don't do unnecessary travel and work from home if you can. these decisions have to be made between employer and employee and they will be deciding what the risks are like. if it is a case of being over 70, it is a tougher call because obviously the government has asked for people in that age bracket to stay—at—home. it's attending to the of device that is specific for your age bracket and wayne against which are employer and they want to do. when boris johnson made that an sina do. when boris johnson made that an s in a couple days ago he did say that the
andy verity, and from the bbc newsroom, richard burge, chief executive of the london chamber of commerce and industry. great to see you both, thanks for being with us. a lot of questions coming into us this evening. andy i will start with you. this is from maureen lindsay. she says "i am over 70 years old but still work, will i be able to continue to do so?" good question, the government has not said do not go to work at all. it has just said do not go to work at all. it hasjust said...
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Mar 20, 2020
03/20
by
CSPAN
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countries know the importance of working together to limit the spread of the virus, to ensure the commerce that supports our economy will keep flowing. we are glad to have a friend working with us in this fight. secretary wolf will talk more about the details of how we are working alongside our partner in mexico to keep her southern borders safe and secure. on another note, yesterday the state department issued a level four global travel advisory. this means and that all international travel from u.s. citizens should be avoided. in countries where commercial departure options remain available, u.s. citizens who reside in the u.s. should arrange for immediate return to the united states, unless they are prepared to remain abroad for an extended time. if you choose to travel internationally, your plans may be severely disrupted. and finally, i want to talk about the disinformation people are seeing on twitter and around the world, some of it coming from governments, some from individuals. i urge everyone, if you see information, if you see information this came from the united states army, i
countries know the importance of working together to limit the spread of the virus, to ensure the commerce that supports our economy will keep flowing. we are glad to have a friend working with us in this fight. secretary wolf will talk more about the details of how we are working alongside our partner in mexico to keep her southern borders safe and secure. on another note, yesterday the state department issued a level four global travel advisory. this means and that all international travel...
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Mar 17, 2020
03/20
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CSPAN
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i would like to mention today that in response to iran's regimes, the department of commerce is adding five iranian nuclear scientists to the entities list. these five individuals were involved in iran's pre-2004 nuclear weapons program, and continue to be employed by the regime to this day. after work on the plan was stopped, frank continued to preserve its records and its scientists including these individuals. many unanswered questions remain about iran's undisclosed past nuclear related activities. these listings by the department of commerce reaffirm the importance of demanding a full and honest account ability, and accounting for the nuclear weapons related activities. i also want to call attention to the iranian regime's misinformation campaign surrounding the origination of the wuhan virus. instead of focusing on the needs of the iranian people and accepting offers of support, senior iranians lied about the wuhan virus outbreak for weeks. the iranian leadership was trying to avoid responsibility for their grossly incompetent and deadly government. the iranian people have been s
i would like to mention today that in response to iran's regimes, the department of commerce is adding five iranian nuclear scientists to the entities list. these five individuals were involved in iran's pre-2004 nuclear weapons program, and continue to be employed by the regime to this day. after work on the plan was stopped, frank continued to preserve its records and its scientists including these individuals. many unanswered questions remain about iran's undisclosed past nuclear related...
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Mar 4, 2020
03/20
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CSPAN
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mark morgan is among the witnesses scheduled to appear before the senate commerce aviation subcommitteeour c-span campaign 2020 bus team is traveling across the country, asking voters what issues should presidential candidates address. >> the issue most important to me in campaign 2020 is foreign policy. i know the candidates have addressed it already, but i think it is important for the candidates to focus on issues that they constitutionally have control over. i think it is important because compared to others, the government is something people have control over. >> the issue most important to me is three of them -- i am looking at candidates' stance on the second amendment, immigration, and on abortion. >> the most important thing for me is in the 2020 campaign, health care. so many of my family and friends have not been able to make ends meet with medical bills and medical debt. so being able to get medicare for all would be really beneficial, same with everyone i know. that is the main issue i have for this election. probablygest issue is climate change, and how we can address it
mark morgan is among the witnesses scheduled to appear before the senate commerce aviation subcommitteeour c-span campaign 2020 bus team is traveling across the country, asking voters what issues should presidential candidates address. >> the issue most important to me in campaign 2020 is foreign policy. i know the candidates have addressed it already, but i think it is important for the candidates to focus on issues that they constitutionally have control over. i think it is important...
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Mar 19, 2020
03/20
by
BLOOMBERG
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timber of commerce chief policy officer and senior vice president. now we get to ritika gupta for bloomberg preferred news fast bloomberg first word news. -- bloomberg first word news. ritika: applications for unemployment rose in the biggest increase since the aftermath of superstorm sandy. the british government denies it is planning to confine residents of london to their homes. they also won't be prevented from leaving the city. still, prime minister boris johnson did threaten to impose tighter restrictions to contain the spread of the coronavirus. india is taking more steps to contain the spread of the coronavirus, banning all international flights from landing in the country for a week starting sunday. plus, the enduring government -- the indian government is asking to enforce work from home for all profit employees, the exception, people in essential sectors. democratic presidential candidate kelsey gabbard is dropping her campaign. iscandidate tulsa gabbard dropping her campaign. global news 24 hours a day, on air and on quicktake by bloomber
timber of commerce chief policy officer and senior vice president. now we get to ritika gupta for bloomberg preferred news fast bloomberg first word news. -- bloomberg first word news. ritika: applications for unemployment rose in the biggest increase since the aftermath of superstorm sandy. the british government denies it is planning to confine residents of london to their homes. they also won't be prevented from leaving the city. still, prime minister boris johnson did threaten to impose...
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Mar 17, 2020
03/20
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KPIX
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what the e-commerce giant is doing to address the high demand. >>> the kentucky derby has officially been postponed from may 2 until september due to the coronavirus. this will be the first time in 75 years of therapy will not be held on the first saturday in may. >>> amazon says it's now only accepting warehouse shipments of cleaning equipment, medical supplies, and household goods in order to meet the demand. e-commerce is it's been inundated out the coronavirus keeps more people at home and shopping online. amazon is warning shoppers it could take longer than the usual two days to receive packages to keep up with orders they want to hire 100,000 additional workers. they are offering a two dollar wage increase in certain locations. >>> movie screens are going dark across the country. amc theaters is closing all locations nationwide for six to 12 weeks under cdc recommendations limiting gatherings to 10 people. regal cinemas the nation's second-largest says they will close until further notice. >>> a reminder if you have a consumer problem or question you can always email us at kpix
what the e-commerce giant is doing to address the high demand. >>> the kentucky derby has officially been postponed from may 2 until september due to the coronavirus. this will be the first time in 75 years of therapy will not be held on the first saturday in may. >>> amazon says it's now only accepting warehouse shipments of cleaning equipment, medical supplies, and household goods in order to meet the demand. e-commerce is it's been inundated out the coronavirus keeps more...
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Mar 27, 2020
03/20
by
CSPAN2
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commerce secretary penny pritzker who spoke about efforts to raise money in her capacity as chair of the illinois covid-19 relief fund. senator dick durbin also addressed congressional action to provide economic relief including the phase three coronavirus relief bill. >> good afternoon to everybody that is here in the room and our teleworking reporters and those who are joining us on television, radio or on streaming service. i want to thank again the reporters and the press who are working so hard to cover the vital stories of this pandemic. more than ever, people need clear, factual information to rely upon. in particular i want to thank the illinois broadcasters association and tv and radio stations all across the state who are joining forces today to combat hunger and food bank shortages during this crisis. one of our hardest working agency directors during this crisis is department of human services secretary grace. she is here today to talk about the essential role of the philanthropic community and our response to covid-19 and in maintaining the continuity of human services.
commerce secretary penny pritzker who spoke about efforts to raise money in her capacity as chair of the illinois covid-19 relief fund. senator dick durbin also addressed congressional action to provide economic relief including the phase three coronavirus relief bill. >> good afternoon to everybody that is here in the room and our teleworking reporters and those who are joining us on television, radio or on streaming service. i want to thank again the reporters and the press who are...
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Mar 5, 2020
03/20
by
LINKTV
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we take a picture of the delivered package and let customers know it was delivered. >> e-commerce wasig bebefore e coronavirus outbreak. , onlineg to research shopping accounted for 25% of the overall retail market last year. the highest proportion in the world. it will momost likelely increasn ththe current climate. stephen:n: finally frorom meaa formerer star googlele engineert woed on n self-driviving car's s been ordereded to p pay the comy almost $180 million over a contract dispute. create google in 2016 to his own startup that was later bought by a goober. the search giant successfully sued him and another colleague for poaching google staff to work on their new venture. ordered $179 million in damages. he said he can't pay that and filed for bankruptcy protection. google have settled their differences for hundreds of millions of dollars over this issue. they are talking about how valuable and howow muchh competition there is. anchor: our business editor, thank you. and thank you for watching. ♪ - hey, i'm valer j june. comiming up on reel south . - [ryan] everplanant s a ststy
we take a picture of the delivered package and let customers know it was delivered. >> e-commerce wasig bebefore e coronavirus outbreak. , onlineg to research shopping accounted for 25% of the overall retail market last year. the highest proportion in the world. it will momost likelely increasn ththe current climate. stephen:n: finally frorom meaa formerer star googlele engineert woed on n self-driviving car's s been ordereded to p pay the comy almost $180 million over a contract dispute....
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Mar 29, 2020
03/20
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CSPAN
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he is the ranking member of the house energy and commerce committee. congressman, thank you for joining us on "newsmakers." rep. walden: thank you. stay safe. >> here in our studios, bob cusack, editor-in-chief of the hill. we appreciate the questions and comments. >> thank you, steve. [captions copyright national cable satellite corp. 2020] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] >> the coronavirus task force holds a briefing today with president trump and vice president pentz -- vice president pence. coverage from the white house against at 5:30 p.m. here on c-span. ♪ >> c-span's washington journal live everyday with news and policy issues that impact you. coming up monday morning, dr. atn andrus, epidemiologist the george washington university school of public health discusses the latest in the u.s. response to the pandemic. and taxpayers for common sense president talks about what is in the coronavirus aid bill passed by congress. washington journal, li
he is the ranking member of the house energy and commerce committee. congressman, thank you for joining us on "newsmakers." rep. walden: thank you. stay safe. >> here in our studios, bob cusack, editor-in-chief of the hill. we appreciate the questions and comments. >> thank you, steve. [captions copyright national cable satellite corp. 2020] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit...
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Mar 28, 2020
03/20
by
CSPAN2
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eye 44
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defazio and infrastructure and maxine waters and veterans affairs, small business and energy and commerce. it was very helpful to us and the members here that would have the house administration and of course the distinguish leader mr. hoyer. that not only on course that we have the numbers needed to get the job and then to acknowledge chuck schumer and dick durbin but what we have to do now we have to do more but in terms of this bill so anyone of their constituents and whatever their category is and how they can avail themselves it is there. it is substantial. we have to do more and it's important we do more for healthcare providers have what they need. >> i forgot kate. >> and appropriations committee and then to join the leader to acknowledge to the members on the committee. and then to sign the enrollment of the legislation so we can send it to the senate. and then they will send it to the president so he can sign it as soonbu as possible that this will be available to the american people and the contribution to all of this. i wish i could have a plan for all of you. [inaudible] [ina
defazio and infrastructure and maxine waters and veterans affairs, small business and energy and commerce. it was very helpful to us and the members here that would have the house administration and of course the distinguish leader mr. hoyer. that not only on course that we have the numbers needed to get the job and then to acknowledge chuck schumer and dick durbin but what we have to do now we have to do more but in terms of this bill so anyone of their constituents and whatever their category...
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147
Mar 4, 2020
03/20
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CNBC
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could you please tell the people in this country who are petrified that there are ways to do commercend business even in the toughest places? >> you can manage this, you know, as you correctly say we went through the west african ebola outbreak it was put to bed. we are still dealing with the eastern drc ebola crisis in fact, we've had now ten days, jim, of no new infections, so that's fantastic we're turning it around, and what that's taught us is how to manage these situations and the importance of knowing where people have come from making sure that we control the access of people into our operations, and more importantly managing the logistics and the inventory of our critical consumables and those moving items and you can be rest assured that the whole of barrick across the gold looks like assets used to look like in west africa when that first ebola outbreak happened. >> appreciate that courage and encouragement. one last question, mark, i think you and i both know it, and you taught me this, we're running out of gold in terms of easy to find gold. i feel like this is gold's tim
could you please tell the people in this country who are petrified that there are ways to do commercend business even in the toughest places? >> you can manage this, you know, as you correctly say we went through the west african ebola outbreak it was put to bed. we are still dealing with the eastern drc ebola crisis in fact, we've had now ten days, jim, of no new infections, so that's fantastic we're turning it around, and what that's taught us is how to manage these situations and the...
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Mar 27, 2020
03/20
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CNBC
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looking at the high-flying areas like e commerce, video game trading space. investors that have a little capital to deploy are looking at these daily swings as buying opportunities to get into these long-term themes that have expressed a lot of price appreciation >> why video games what is the opportunity you see there right now? >> it is just one of the things you can do at home this is a longer term trend people have been looking to play interactive games. there are billions of gamers around the world you've gotten rid of actual sports, gotten rid of going outside and going to restaurants. people are looking to fill that time socially with friends on line or with their family on the couch at home. this is concentrating that entertainment dollar into one specific segment we've seen revenue estimates for this industry increase through this crisis as there is more and more money being spent on video games right now. it is a rare bright spot but even despite those increased revenues, it is trading from a discount of about a month ago. >> video games that is an
looking at the high-flying areas like e commerce, video game trading space. investors that have a little capital to deploy are looking at these daily swings as buying opportunities to get into these long-term themes that have expressed a lot of price appreciation >> why video games what is the opportunity you see there right now? >> it is just one of the things you can do at home this is a longer term trend people have been looking to play interactive games. there are billions of...
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50
Mar 31, 2020
03/20
by
KRON
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states back to you catherine is a chamber of commerce i kind of weather thank you for bruce a. >>well nascar could still alive but now its on line will explain. also the changes that local schos are making to when we face adversity, we find a way through it. it's about taking ca of each other. it's the small parts that make a big difference. at chevy, we promise to do ours. we're offering chevy owner complimentary onstar crisis assist services and wifi data. if you need new chevy, interest-free financing for 84 months - with deferred payments for 120 days on many of our mos popular models. you may even shop online and take delivery atome. it's just our way of doing our part... francisco unified school district is reducing the number of days for food pickups an effort to reduce crowding travel kron on sarah stinson has that story. >>i'm here rosa parks elementary school, one of 17 schools in san francisco that are continuing to feed families the meals that children usually get during the school day but the schedule is changing now you can only get those meals monday and wednesda
states back to you catherine is a chamber of commerce i kind of weather thank you for bruce a. >>well nascar could still alive but now its on line will explain. also the changes that local schos are making to when we face adversity, we find a way through it. it's about taking ca of each other. it's the small parts that make a big difference. at chevy, we promise to do ours. we're offering chevy owner complimentary onstar crisis assist services and wifi data. if you need new chevy,...
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Mar 11, 2020
03/20
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BLOOMBERG
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eye 55
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it is not up to the administration per se, we are by the commerce laws of the u.s.. alix: harold, i appreciate you taking the time to talk to me. thank you very much for taking that time, harold hamm, chairman of continental resources. shery: alix steel with that conversation, thank you very much as well. let's get a quick check on the markets now. we continue to see downsides with the s&p 500 near session lows, down at 4.6 percent. every sector falling more than 3% at the moment. we have seen the treasury rally continue, but we saw around a 20 basis point move at one point. the 10 year at .8%. the dollar index unchanged at the moment, but watch the dollar-yen cross, because that has been volatile. the japanese yen moving higher on haven moves. crude oil down 3%, that has been another market that has been worse throughout the week. plenty more to come. this is bloomberg. ♪ >> traditional monetary policy has to go to zero, has to do qe, and everyone is going to do it. carneyplaud what mark did. i applaud the instincts behind christine lagarde, but ultimately this is a
it is not up to the administration per se, we are by the commerce laws of the u.s.. alix: harold, i appreciate you taking the time to talk to me. thank you very much for taking that time, harold hamm, chairman of continental resources. shery: alix steel with that conversation, thank you very much as well. let's get a quick check on the markets now. we continue to see downsides with the s&p 500 near session lows, down at 4.6 percent. every sector falling more than 3% at the moment. we have...