goal is as a secretary of commerce?imondo: to help more people get back to work with descent-paying jobs. it's really very simple. create policies that level the playing field so american workers can compete. ip policy that allows innovation to continue. helping startup companies so they can evolve. but all of that, fundamentally, at the end of the day, i learned this as governor, david. americans don't want a handout. they just want a chance to have a decent job. and so i'm obsessed with that. i was obsessed as governor. i'm obsessed with that now. and everything i do will be through that lens, creating decent jobs. david: so, when you decided to take this position, did you call your mother and say, guess what? i'm giving up being governor. i am going to be secretary of commerce. what did your mother say? sec. raimondo: she was excited. she's 90 now. she said i hope you can help biden. biden has to be successful. i hope you can help. ♪ ♪ francine: would you hire someone who is a climate change denier? vandana: we don't

commerce secretary gina raimondo speaks about u.s. trade priorities in central and south america and improving competitiveness around the globe. this recent event was part of the washington conference on the americas. >> she's a former governor of rhode island and held other senior positions in government. she somehow found a way to conquer the state's $7 billion unfunded pension liability. she has a doctorate from oxford, a law degree from yale. she graduated with honors from harvard. she has private sector experience in financial markets. madam secretary, suffice it to say, to go through your entire biography, we would be here all day because it is that impressive. i suspect you would prefer to get into the conversation. ladies and gentlemen, let's get to it. please welcome me in joining the 40th u.s. commerce secretary gina raimondo. >> thank you. good afternoon, everybody. can you hear me ok? thank you to susan and the council of the americas. it is terrific for me to be here with you. i come to the position of secretary of commer

commerce secretary, the honorable gina raymundo. >> thank you. good afternoon, everyone. can you hear me okay? great. thank you, and thank you to susan and the could be semiof the americas -- council of the americas. it's terrific for me to be here with you. as eric just said, i come to the position of secretary of commerce with private sector background for about a dozen years. i was a venture capital investor with a focus on health care, and then for the past ten years i've been in public service in rhode island, most recently as the governor for six years. and it is just, it's exciting for me to be on president biden's team. he is, he is setting a breakneck pace for the rest of us to try to keep up with, but frankly, there's a lot of work to to do. and i will say, as you know but it's important that a you hearing you know, from me, is the president is deeply committed to sustained engagement with our partners throughout the western western hemisphere to advance our shared vision for a future that's democratic, middle class and secure. and the overarching goal is to sup

to win in e-commerce.i mentioned to you, e-commerce is on a massive growth path. we added four years of growth to e-commerce in the last nine months as opposed to the previous four years. here is a not so obvious fact. most of that growth, most of the dollars actually came in, in the indirect channels, and if you look at how traditionally brands have managed an indirect channel like a walmart or kroger, they have a traditional salesperson sitting down over dinner and negotiating deals. enter amazon, amazon, you can take an algorithm out for dinner, that's where commerce iq comes in, we are powering the automation engine to work with an algorithm, amazon or walmart.com or instacart .com, what is exciting for us is over a period of time this is a seven to eight x bigger opportunity than say shopify. >> going into prime day, there were some -- there are some still who are worried about supply chain issues, reducing the number of quote/unquote deals, cost pressures in shipping and we don't at this point truly

emily: what do you see in terms of e-commerce trends?you see shopping online starting to plateau now that the world is opening up? it is only going to increase now that these habits have been formed? what does the second half of the year look like? laura: it is a good question. the world has started to reopen again. we are seeing that our customers are doing really well. these kind of customer habits are here to stay. the good news for e-commerce is that this trend of selling and buying on the internet is not a trend that happened because of the pandemic. the industry was on that trajectory already. more and more people were buying on the internet. these new habits we believe are here to stay. e-commerce reached a customer segment harder to reach previously. like my parents are buying on the internet. everyone is buying on the internet and experiencing how convenient that is. shipping is a way for the product to reach the consumer. the consumer is no longer walking into the store. you have to find a way for the package to arrive at the c

we already power commerce on the internet.450 million checked out on shopify, 8% of the global population. we sold about $120 billion worth of products in 2020 and now shopify represents 90% of all ecommerce in aggregate, the second largest online retailer in america. it feels more and more like the center of commerce is not only shifting online, but also is happening on shopify. we announced a lot of things yesterday at unite, they were really aimed at these major platform investments, our largest to date the idea really was to advance that internet infrastructure and give merchants more flexibility and more opportunity to present they are brand uniquely. emily: you also expanded partnerships with google and facebook, in the meantime when you mention the center of e- commerce, a lot of people think of amazon. here is what your c.e.o. told me last year about shopify relative to amazon, take a listen. >> amazon is trying to build an empire, what shopify is trying to do it, trying to go and get to roughly that equivalency throug

all commerce was e-commerce, something like that.look at the raw numbers, it was an acceleration of multiple gears. but the raw numbers, retail sales in the u.s. moved from 11% to 14% online. we are still talking about penetration in the teens overall. there is still so much room to go ahead. i find that exciting. if you are thinking about starting an e-commerce company today it is a fabulous time to do so because there is still only 14% retail penetration, by the has also been a lot of habit-forming taking place in the last two years. we are excited that stripe continues to budge out and grow the set of products we are building. we take an extremely user-first approach. we have 2 million businesses that joined stripe since 2020. we don't have to overcomplicate this? we just ask them, what is causing them friction, what can make their life easier? he saw two big launches, stripe tax which handles sales tax for businesses, something that is incredibly complex. any business owner hardly enjoys spending time on. and then all sorts of di

how are you as the american chamber of commerce, positioning yourself when it comes to china? 12, china is an important partner for trade as for all industries and also for the u. s . and the width is not acting like in the cold war as sometimes it's mentioned. but what is important and what the american chamber of commerce and all members subscribed is there should be a level playing field, same conditions for everybody everywhere. and there is no way that there is any act against human rights. so we will closely watch that and we fully support when there they are. strict rules to not make trade with companies. all countries who do not believe in the human rights, simona men at the president of the american chamber of commerce and germany, there for us. thank you. thank you to the startup sectors of black business owners in the u. k. only attract one and a half percent of venture capital. it's the reason block pound day was brought into being exactly one year ago this weekend, falling on the 1st saturday of every month and encouraged consumers to, to spend their money at blac

all commerce was e-commerce, something like that.look at the raw numbers, it was a massive bump it was an , acceleration of multiple gears. if you look at the raw numbers for a second, retail sales in the united states moved from 11% to 14% online. we are still talking about penetration in the teens overall. we have talked about this before, emily, there is still so much room to grow ahead. i find that exciting. if you are thinking about starting an e-commerce company today, i think it is actually a fabulous time to do so because there is still only 14% retail penetration in the united states, yet there has also been a lot of habit-forming taking place in the last two years. two things we are excited about is stripe continues to branch out and grow the set of products we are building. we take an extremely user-first approach in the products we build. we have millions of businesses on stripe, we have had 2 million businesses that joined stripe since the start of 2020. we don't have to overcomplicate this. we don't have to be too smart

ecosystem and the companies swimming in it we just had commerce iq on yesterday.lk about shopify as the possibilities and how they can reach an online social audience, get more complex they have to have dashboards to manage that and don't want to lose control of their ability to put their stuff on whatever platform, right? >> the direct to consumer brands will be everywhere and if you seep in the ad and you like the product you don't have to go through lots of different steps to have that instant gratification of making a purchase i do think we'll have brands both direct to consumer and broader trying to figure out how to be everywhere this could be an omni platform world where you're going to have to be everywhere consumers are you won't have to go to a dedicated retailer to buy things >> facebook competing with amazon and it's amazing watching these monopolies compete julia, thank you >>> softbank just wrapping up its annual shareholder meeting those details after the break. plus peloton getting a price target bump over at bofa it announced yesterday, not helpin

time for shopping online, and there's another trend that's quietly been gathering steam, social commerce nowadays, it's not unusual for the entire retail experienced to happen on social media. the media, social media is like a mole that has everything. a huge potential and take to europe alone. i think there is something like a 100000000 users in many of them are very young businesses are really interested in having a presence their site. ah, once upon a time social media with a platform to chat with friends and post photos these days, it's a wash which influences plugging products. instagram even features its own shop. the way products are promoted is tailored to individual apps. a bit like subliminal window shopping, and when it comes to social commerce, one demographic is especially interesting to businesses. it's been, i'm lannie, i'm 17 from hamburg, and i'm a school people like me is on instagram and has their own youtube channel. she's been a social media devonte for 2 years and even does her shopping there to lease days. young people get their fashion tips on social media, especi

so we believe e-commerce will continue to grow.ully stores will reopen and life can go back to normal, and e-commerce can grow at the rate it was before the pandemic, close to 30%. >> not a 100% we saw over the past year? >> exactly. i think that accelerated our growth, moved us forward maybe three years. but i think once everything reopens, we will go back to the growth rate we had before the pandemic. we will continue to grow faster than online service. >> you run a marketplace, you provide payment networks, what is next? >> that is a lot. we still need to do many things in those areas. in e-commerce, we believe livestreaming is becoming very important. groceries and fresh are becoming very important. fintech. we believe -- will have a major role in the coming year. overall, we are rolling out many solutions. we have 15 million loads outstanding in the region. there is still a lot of room to grow. insurance is starting to grow a lot. we are just starting. emily: mercadolibre's ceo. the house takes up a series of bills that could

today some caution from the san francisco chamber of commerce. for the second year in a row, its annual poll shows that 70% of people who live in the city, 70% feel like the quality of life in san francisco is declining. that's not a good sign. the poll also shows about 80% think crime is also worse in the recent years. but is that really true? we've been looking into the issue. a few weeks ago we got a call from a concerned business owner near fisherman's wharf who said car break-ins in the area are getting worse. we watched this break-in unfold right in front of our nbc cameras. this is not just anecdotal evidence. it's factual. property crimes in san francisco up 17% last month compared to the year before. car break-ins up 105%. violent crimes up 20% city wide during this pandemic. we're not going to stand here and beat up san francisco, but we are at a real critical point in terms of the entire bay area and the city itself. what's being done to make things better? on a personal level, do you feel safe bringing your out of town relatives to si

how are you as the american chamber of commerce, positioning yourself, when it comes to china? 12, china is an important partner for trade and for all industries, and also for the u. s. and the width is not acting like in the cold war as sometimes it's mentioned. but what is important and what the american chamber of commerce and all members subscribe is there should be a level playing field, same conditions for everybody everywhere. and there is no way that there is any extra against human rights. so we will closely watch that and we fully support when there they are. strict rules to not make trade with companies. all countries who do not believe in the human rights, the modem and the president of the american chamber of commerce and germany, there for us. thank you. and let's take a look at some other business stories making headlines. billionaire richard brandt, spaceship company, virgin galactic has received approval from the u. s. a. v ation safety regulator to fly passengers to face turning up the pressure on rivals in the space. tourism sector runs in space. venture face

secretary of commerce gina raimondo [indiscernible] agreed to come on as our secretary of commerce. [indiscernible] [camera shutters clicking] [indiscernible] and they are increasingly under attack. i have said before, and i apologize [indiscernible] there is a lot [indiscernible] my friends would kid me in the united states senate [indiscernible] because i quoted irish poets. and i quoted irish poets because i am irish. there is a stanza from my phone [indiscernible] -- a stanza from a poem [indiscernible] and it is not because of any one person. [indiscernible] technology has made a big shift in the development of the world and it has caused a great deal of anxiety between our countries and uncertainty between our colleagues. [indiscernible] has been replaced by new technology and they no longer [indiscernible] and that comes along at the same time that uncertainty is generated politically at the same time, and it also motivates people who are more like charlatans to take advantage. you see it in europe, you see it in the united states and we have seen ads around the world. betsy

therefore i ask unanimous consent that the committees on energy and commerce, ways and means, and the judiciary be discharged from further consideration of h.r. 18, the no taxpayer funding for abortion, and ask for immediate consideration in the house. the speaker pro tempore: under the guidelines consistently issued by successive speakers, as recorded in section 956 of the house rules and manual, the chair is constrained not to entertain this request unless it has been cleared by the bipartisan floor and committee leadership. mr. mccarthy: madam speaker, on the republican side it is cleared. so there's only one party denying it. i yield back. the speaker pro tempore: for what purpose does the gentlelady from ohio seek recognition? ms. kaptur: i rise to address the house for one minute and ask unanimous consent to do so. the speaker pro tempore: without objection, the gentlelady is recognized for one minute. ms. kaptur: thank you. madam speaker, i rise this evening to call my colleagues' attention to the dire need for congress to continue building upon recent progress to unlock the my

e-commerce has accelerated, taking a giant step up during the pandemic.o that point, you pushed back about the fact -- you obviously state your business, as you say, on the fact that people want this transparency in this easy way of being able to schedule payments. as we get more transparency on jobs, being called back to work, is that something that is going to help or hinder your business, do you think? is that a seachange shift people want to have in their payments, and how does that counteract some of the negativity around that? yes, you don't charge late fees, but competitors might end people are worried about -- might and people are worried about buying things they can't afford. max: being committed to a price and never changing it is self insurance against pushing people into debt. we don't get money, we don't get revenue if consumers cannot pay us back. it is on us to make an intelligent underwriting decision, and in some cases, counseling our borrowers. that's the promise we make. a firm is not just for affordability and transparency, to clear yo

this is the 1st black chamber of commerce in america. it was the chamber of commerce. it was set up in the aftermath of the burning down of black wall street. as i tried to rebuild, he said, i, i don't, i joe biden. no, no, talk to me about that. i mean, obviously that reasons in your business can be, can be difficult. but if you're talking about racial justice and you're talking about economic inequality, even perhaps a local chapter, a black lives matter and the local black chamber of commerce, the 1st in the, in the country might be, might be consulted. you might think, but this is what you're good, will be quibbling, but it does, it does reflect how all this entire commemoration has been in some ways because throughout and i've been to competing facts and that has been the grassroots community community group schools, justice agreement, which has been organizing its own events over the last few days with the involvement of survivors. and we've been covering those. and then there's been this alternative group which is called greenwood rising. lovely low grades and t

shopify, the software company that helps businesses of alls set up e d-commerce platforms.m me 13 to last week, shopify rallied more than 50%. it's pulled back a little bit slightly shopify keeps plugging away, investing in its platform delivering excellent results, helping people all over the world. today they hosted their annual shopify unite event for partners and developers where they announced a major infrastructure innovation, including new tools to help customers better customize their own digital stores let's look with harvey finkelstein, what comes next welcome back to "mad money." >> great to be here. thanks for having me on again. >> do you think it's possible that a single merchant will be able to sell 300,000 pairs of sneakers in just over eight minutes? >> well, that's the goal at least. we want to make sure merchants have no limitations. and so when you talked about shopify unite, there are two components of the announcements today. one was more flexible, more scalable, more high-performing version of smhopify where merchants can customize their storefronts.

we have built this commerce platform, advertising platform, we are well capitalized, we have scale, we have these iconic brands and ability to monetize and distribute content if you're someone running a subscale digital media company and you know you have to build these things, you can skip a bunch of steps by joining up with the leading digital media company in this space, buzzfeed, and accelerate your vision and a big thing for me is i believe strongly in the editorial voice of the brands that we have, we're not trying to change complex to be like the buzzfeed voice, we want huff post to be even more huff posty we want to build a strong foundation to accelerate the companies to the next level and let them reach their full potential. >> i've got it ask you about competition, though. we have seen facebook, snap, tiktok, all of these companies invest in their creators and giving more different people voices we have seen a huge explosion of the content creator economy on these different platforms. and then you have the giants like google and facebook that just have, you know, the digita

now the us chamber of commerce is asking the u. s. government to double the number of h one, b visas and employment green cards along with getting rid of country caps for green cards to bring back those skilled workers. the chamber of commerce, calling the campaign. america works. as we continue this recovery, we're going to hit some bumps along the way course that'll happen. we can't remove the world's largest economy, like flipping and nice light switch. the industries hardest hit because of the halt and approving visas. besides restaurants, hotels, and all things hospitality. you also have camp counselors for children were more than $25000.00 of them are foreign workers. you have construction manufacturing and all building long haul trucking to make sure your prime deliveries are there in 2 days. and a major shortage with skilled workers and engineering and computing, they're going to be ups and downs and jobs and economic reports. but we're going to be supply chain issues and price pressures on the way back to stem stability an

so we think e-commerce is really poised for growth in brazil and elo 7 is one of the top e-commerce sitestsy of brazil:we think it's a perfect marriage. >> it seems like they have a huge number of people on it, and i'm told when i did my research that brazil is the fifth largest e-commerce market. so you have a possibility of melding the great technology you have with 1.9 million people who shop on elow 7 this is going to be, i think, additive. >> this is all about growth potential over the medium and long-term. eights fantastic addition. there is 1.9 billion people. just like etsy these are custom, handmade are made to order items. this business is modelled after etsy it's a great opportunity for us to come into brazil and in brazil the ability to paezly online. >> shipping, all the things we take for granted in the united states are just developing in brazil so the opportunity for brazil's e-commerce sector to grow faster than the u.s. we think is very meaningful over time. >> are there things that would blow our minds because there is like in this country >> it's like etsy. it's a litt

they describe him as a veteran e-commerce leader, technology industry execute i. cfo. they call him a season technology industry finance executive. furlong was based in australia, most recently he was the country leader, overall amazon's australia business during a period of substantial growth he has been at amazon about nine years. started his career at proctor and gamble both guys coming from amazon they have also hired a coo from amazon this is really playing into sort of what has been until now a sort of opaque turnaround strategy for e-commerce. the current ceo germ sherman announced he was stepping down at the ends of july. he did say if there was a new ceo sooner he would step done ahead of that. we will keep you posted on a date for the official -- actually we have it right here, june 21st is the start date for the new ceo. >> thanks for that mike, brilliant, right worth another couple percent >> another couple of percent it is actually having a relatively calm move. >> you would -- it was at $300 i mean, it's kinds of already had this massive move. you kn

e commerce giant shop. if i developed marketing strategies for smaller companies with minimal advertising budgets, it focus is on platforms like instagram and tick tock. social media is social media is so important for brands because it can make them even more successful in this. and it's like a virtual high st. icons. going to meet friends with find inspiration and enjoy shopping in this and can i so where does consumer protection come into at all? is that this is all we have our own teams which are constantly on the lookout for what i'd call questionable behaviors. and slides fell level by she's got cases where companies were selling f, f p to mass. they didn't even have in stock of cropped up a lot last year on time. and again, we have k is where we've been shut off but isn't questionable to encourage kids to consume we, i'm looking for the job. we try to encourage parents and guardians to get to grips with the media and, and ties. because obviously anyone who can get the amazon smartphone can also view

actually i just spoke to the head of the local greenwood chamber of commerce, the black chamber of commerce, and he's not even part of these events that he was underwhelmed is none to stay. but he just said, look, it's the same masters, they're getting all the money, especially around here in greenwood, but gentrifying the area. but the black communities are really getting rid of getting anything out of this. and that is something that we often and if i can just look over here, this is the greenwood rising block wall street history center. this has been tens of millions of dollars been pouring in to the, to the official organizes of collaboration center, which is organized by a local chamber of commerce for as black white businessmen, corporations chase, manhattan, bank, bank of homer, frankly the direct institutional descendants, perhaps even gina logical dozens of those who, who burned down black wall street in the 1st place, without any input from black groups, community groups, the survivors, the survivors, as you said, still haven't received compensation. favorite thing with a last 100

he's a member of the house energy and commerce committee. he plays a leading role in drafting telecommunications, energy, environment, health care and interstate commerce policy. most importantly for our purposes here today, congressman latta is the republican leader of the house subcommittee on communications. he chaired during the last congress. along with his committee positions, congressman latta is a deputy whip and co-chairs the rural broadband caucus. mr. latta's website says he advocates for policies that help consumers. they grow our economy and spur innovation. yogi berra said can you observe a lot just by watching. i've been watching congressman latta for many years now at his work. they spurreded economic growth. congressman latta is married. he has two children. >> and please feel free to tweet away. and with that, congressman latta, we're honored to have you here again with us and the floor is yours. >> all right. thank you very much. and congratulations on your 15th anniversary. congratulations to that. its so important the wo

i want to bring in the international director at the australian chamber of commerce -- commerce.yria ration between the relationship of canberra ants beijing is nothing new. in your report, what was most noteworthy about what you heard from industry participants? guest: it was repeated across the five surveys we have done now is international competitiveness is really striking australian businesses hard. we had to do things to improve the costs of doing business in australia so they can be competitive in many markets around the world, not just the high-priced markets. haidi: how hard is that competitiveness going to be, particularly when you talk about diversifying to other x china markets. guest: order closures are a real issue. people cannot get into the market. they cannot build relationships and shake hands of people and meet them face-to-face. but they have improved going online, the experience has been great, and many firms are extrinsic more demands than they have ever seen. we're seeing really interesting dynamics around some of that, too. the brand australia has shrunk d

commerce with the united nations. currently the -- united kingdom. currently the nationals of 82 countries are he will visible for e visa status. during our fiscal -- during fiscal year 2020, almost 26,800 e-1 and e-2 visas were issued down because of the pandemic from roughly 50,000 during fiscal year 2019. while the amigos act passed the house last congress, the version we are considering today is somewhat different. the updated text includes language added at the request of senator lee from utah, aimed at preventing abuse of the e visa program, whereby an individual essentially purchases citizenship in a u.s. trade treaty country, simply to be eligible to get a u.s. e visa. specifically the language requires that an alien be domiciled in the u.s. trade treaty country for at least three years before the individual can apply for an e visa. i thank senator lee for his commitment to ensuring the integrity of our visa programs and i reserve the balance of my time. . the speaker pro tempore: the gentleman reserves. the g

it's being bought by us e—commerce firm etsy in a deal worth $1.6 billion.r olds who make up the vast majority of its users. rebecca hobbs is from stylus — a "trends intelligence agency". thank you forjoining us, rebecca. this is an interesting move for etsy, they are going after a consumer good ten years younger than the ones buying from etsy so what is the rationale?— from etsy so what is the rationale? ., ., ., , ., rationale? the rationale, you have not rationale? the rationale, you have got it — rationale? the rationale, you have got it in _ rationale? the rationale, you have got it in a _ rationale? the rationale, you have got it in a nutshell. - rationale? the rationale, youj have got it in a nutshell. etsy has cornered quite a middle—aged market. their median age of seller is 39. depop, 90% of users are under 25. and although, you know, gen zfaces economic 25. and although, you know, gen z faces economic challenges that are still a hugely lucrative market to tap into. i read somewhere that one in 316-24 read somewhere that one in 316—24 year olds hav

, you know, this is the oldest chamber of commerce in america. it was saying that the so much money pouring into this neighborhood right now because of the collaboration $30000000.00 for this. this new museum will $20000000.00. so sorry for this new museum. and actually i think it might be the opening night. everything talk also, leach, now beginning to gather before they, before they go in. and yes, the group that was behind this public memory issue. this is the black, blue street greenwood rising scenery, exhibition. i mean have nothing to do with the survivors, all the black community that probably develop it's clear that's what's happening right now is quite open about it's what they're trying to do here isn't create some new understanding of racial injustice. i've to try to involve the black population who is moved to north tulsa from greenwood, also them africa. but while they're trying to do is gentrify this neighborhood and make it an area of social tourism for guilty, white people and others to come and think about racism really. so ther

e-commerce has been a huge beneficiary of the pandemic.k: in terms of our growth area, e-commerce underpins our growth. 40% of our sales. we also a big consumer skew in our business. food and beverage makes up 13%. consumer package goods mix up 13%, and consumer tech is also 11%. or than three quarters of our business is in nonindustrial markets. back to what i said before, the right place at the right time. our business is very diversified so we have no single customer making up more than 4% of revenue. when it comes to thinking about growth, one of the things i say it is the high value-added service we offer the customer's. one of them is management. when your family buys anything online that typical averages to return one and three things you by, which means someone has to manage that. that it's really complex for your average business and that is where we stepien. that is the area for growth. if it is done well it can be a margin increase for any business . it goes back to my point about how you can drive a high return business by solv

connecticut senator richard blumenthal and other members of the senate commerce committee see college athletes deserve consistent protections and rights. i expect is congress should block and i'll standard it is weaker than the strongest state standard blumenthal zone state just passed in mean image and likeness or an aisle law for athletes. >> but he says all players deserve protection no matter where they're located. they want more than just to be showing the money. >> they want more than just and i'll they want a strong enforceable. >> standard. some lawmakers and experts believe a single federal and model is better than a patchwork of laws in individual states. only way to ensure that all student athletes across the country and the same denial rights and protections is for congress to act despite a support mississippi republican senator roger wicker says congress doesn't have enough time to pass the right standard before the first tee and laws begin taking effect.

using commerce, tiktok is getting into commerce two.ling to sell somebody, the products are good. who knows, clearly the short form video is popular. the zeitgeist right now. they integrate that with the commerce. i think that will go a long way. emily: popular among folks decades younger than we are. [laughter] thank you so much. for bringing us that story. that does it for this edition of uber technology. make sure you join us tomorrow. we will be joined by the founder and ceo of the real real candidacy l of sub stack. i'm emily chang in san francisco. this is bloomberg. ♪ in business, it's never just another day. it's the big sale, or the big presentation. the day where everything goes right. or the one where nothing does. with comcast business you get the network that can deliver gig speeds to the most businesses and advanced cybersecurity to protect every device on it— all backed by a dedicated team, 24/7. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. so many peop

department of commerce holding its annual summit focused on investing in american businesses commerce> june is pride month. all month long we'll spotlight cnbc contributors, business leaders and our own producers. here is maeve. >> the way around stigma is encouragement and support for those around you i was very excited when i came out at goldman sachs two years ago i had that support from my colleagues there was one colleague in particular who sent me flowers on that day. this was a straight cisgender person and that gesture knowing that i thhithe support from somebody at e ghest level of the firm made all the difference to me. [typing sounds] [music fades in] [voice of female] my husband ben and i opened ben's chili bowl the very same year that we were married. that's 1958. [voice of male] the chili bowl really has never closed in our history. when the pandemic hit, we had to pivot. and it's been really helpful to keep people updated on google. we wouldn't be here without our wonderful customers. we're really thankful for all of them. [female voices soulfully singing “come on in”]

that has grown e-commerce.rowth of fulfillment, for instance, the supply chain business, about 30% of new is this projects that we pick up is in e-commerce and e fulfillment. we have now about 15,000 people working in he fulfillment, that is about one million square meters of fulfillment centers by now. you actually see that there was a vast growth. it will stabilize and continue, you have the b2b which adds to it. i think it is there to stay in going forward as well. anna: we see b2b and b2c driving the e-commerce. we heard from fedex overnight, they were also talking positively about the boom they are seeing in delivery to homes. this went along with a and negative seen and that was higher cost for that particular business. fedex investors [indiscernible] related to automated facilities, is experience you are seeing, are you also seeing cost pressures? oscar: you see, what is important and supply chains at the moment is that you create the capacity on the one hand but also the flexibility to be able to cope w

connecticut senator richard blumenthal and other members of the senate commerce committee see college athletes deserve consistent protections and rights. i expect is congress should block and i'll standard it is weaker than the strongest state standard blumenthal zone state just passed name image and likeness or an aisle law for athletes. >> but he says all players deserve protection no matter where they're located. they want more than just to be showing the money. >> they want more than just and i'll they want a strong enforceable. >> standard. some lawmakers and experts believe a single federal and model is better than a patchwork of laws in individual states. only way to ensure that all student athletes across the country and the same. and i'll rights and protections is for congress to act despite a support mississippi republican senator roger wicker says congress doesn't have enough time to pass the right standard before the first tee and laws begin taking effect. >> these issues deserve deep

chamber of commerce president and president sue san clark. little bit of it. >> how would you describe the u.s. chamber of commerce's relationship with congress? >> strong. >> with democrats? >> strong. >> with republicans? >> strong. >> not true. weaker. much more skepticism among republicans. a lot of hard feelings about those endorsements with democrats. >> you asked me how i felt about our relationships on the hill. i'm sticking with it. >> conversations i have with republican leaders, they're disappointed, angry, surprised, worse, with the chamber. >> i'm not having the same conversation. >> hans, there's so much here. this is actually one of my -- it's a wonky one, but i really love this story. it says so much about what's going on in washington and especially how the republican party is changing, because, frankly, they were in lockstep for so many years with the chamber of commerce. do you think republicans would agree now with what the chamber president clark said there? >> i don't think you'd hear strong three times in a row. that's

this is commerce secretary gina raimondo, speaking sunday with abc's george stephanopoulos. >> should we be contemplating military action even if these are private, not government entities? >> as i said, all options are on the table. this is a top priority and all of us in the cabinet and national security council are focused on it and considering all possible consequences. this week whenhe president meets with putin and other world leaders, this will be at the talk of with the agenda. -- top of the agenda. amy: one reason attack exposed hospital patient information. in another attack i'm hackers released a trove of internal documents from the washington, d.c., police department. thousands of websites and smartphone apps went dark around the world for about an hour this morning after a major network failure.

again, 520 residents in san francisco surveyed in this chamber of commerce poll. again, this is just a preview. the full poll to be released on thursday. >> in san francisco. dan kerman kron 4 news. still ahead on the kron 00:00am morning news republicans blocked from voting rights bill that democrats insist they won't give up a live report from washington. we get back. >> in the north bay fire season is here and marin county. the sheriff's office. it's starting to prepare residents just in case they have to evacuate kron four's charles clifford has details on the county's new evacuation tack program. >> well, anticipating, what could be a very long hot and potentially dangerous fire season. the marine county sheriff's office and fire officials have created a program to distribute these tags to the public for free that hopefully in the event of a a dangerous fire will help first responders do their job a little more quickly. these new tags are designed to be simple. highly visible and kept with an emergency go back. the idea is that if anyone is forced to leave th