so much about social commerce.terest is a company that should be all about social commerce and right now in the early stages of that if partnering with paypal or doing something in that nature if it is not a full-out acquisition would be so powerful for a company that has visual surge and the ability to tag products and so much consumer intent and i think what we've seen is that they're just expanding their purview into so many different areas whether it's bitcoin or something like this in social commerce. >> and partnerships. we see spotify and shopify kind of hooking up with a partnership today where artists can sell their gear through spotify using shopify and, you know, we're always mixing up their names on air anyway because they both start with and fi at the end they're together in this deal. that's helpful but partnership makes sense. acquisition. there's this temptation i think when there's a rumored acquisition or tempted acquisition, oh, yeah, i could see how this works i look forward to the explanation.

but guys, when we look at the pinterest paypal deal, this is really all about social commerce here and idea that perhaps pinterest hasn't been able to monetize those users as well as they could be throughout the pandemic and you take a look at a company like shopify, julia, which has done a really good job in that place right at the intersection of social commerce combining payments as well as social platform and getting merchants on them. >> yeah, deirdra, i think that's absolutely right i mean, if you look at paypal and all the acquisitions and different moves it's made, this would be such a massive acquisition compared to its other deals, which you know the biggest deal it's made so far was honey for $4 billion so this would be really a dramatic change. and if it does end up making this deal for pinterest, it would really seem to be in response to the pressures of shopify. one thing i would just note here, jon, if we talk about shopify, we should bring up etsy etsy shares getting a boost yesterday from this news because right now pinterest is an advertising company. but in partnerin

e-commerce has terrific momentum , we have terrific momentum.redentialed lysed ourselves as the go to partner for digital commerce everywhere in the world. we think it is still -- we just think asia is super exciting and we think we have a lot of value to add deplatforms in the region. kathleen: are you seeing supplies should -- supply chain disruptions showing up and higher sales in the mid and end of october then you would have in a year when people thought, oh, it is online shopping, i can put my order in at the last minute, which of course for a lot of us is the appeal. scott: we are certainly seeing the impact of supply chain disruption around the world. and i think you are hearing that more and more from businesses of different types in different places around the world. a lot more consistency in that as a theme. we are hurry -- we are hearing a little more about people starting to push consumers to be more aware of those limitations and how inventory might run out. i would not say we have heard anything specific yet about a huge rush of c

the metaverse future and how influential will meta-be in the future of commerce?facebook has been an amazing partner to us. it better articulates with their planning. the key for us is we believe the future of retail is going to be retail everywhere. online, off-line. we announced a partnership last week with spotify. we have a partnership with tiktok. when facebook launched messenger, we were the launch partner for instagram commerce. we are now putting shopify pay into facebook. if the metaverse is a place where shopping and commerce happens, we are fortunate facebook has been a great partner for us and we suspect we will be the partner inside of facebook or meta. emily: thank you for joining us. now to amazon. lower after hours after forecast for holiday sales that fell short estimates. ce a warning that supply chain issues could cost the company several billions during the holiday season. what is your take on the holiday quarter and is the pandemic e-commerce boom over? >> is the e-commerce boom over? the crazy growth might be, but that was unsustainable. ther

is the pandemic e-commerce boom over? >> is the e-commerce boom over? is the crazy growth of it?t be. it was unsustainable. there was some disappointing guidance. there are so many headwinds this quarter. labor supply shortages. from warehouse workers to tech workers. the need to pay higher what wages, the global supply chain issue, other things that have happened, there was no big prime day. they pulled prime day to q2 in june. there was a high return to store shopping this quarter as well. people actually wanted to go shopping in stores. go figure. emily: is there anything that amazon can do to deal with the supply chain issues, especially during the shopping season, and how do you expect them to weather -- obviously we have seen amazon weather many challenges, but this one in particular seems like a hard one? melissa: what amazon does so well is there market plan. they use the third-party merchants to be able to fill orders. some merchants may have issues with the supply chain, but not everybody does. they have the biggest marketplace, for these sellers can fail in selection g

you have ads and e-commerce fueled growth.f you want eyeballs, your advertising on google, put a much facebook, those are the top spots where you go. perhaps some of the declines we have seen in the post-market come off about 2% after hours, is a slowdown you see with google cloud growth. that perhaps is where that growth and revenue missed expectations, which does contribute to some of the profitability. let's do this with emily chang, who is getting off the call with alphabet's cfo. what are they saying about this echo what are the key takeaways? emily: obviously very optimistic about the quarter, looking pretty good across the board. she said the consumer sentiment is broad-based and remains strong and even as the world reopens, she believes that is a trend that will stick. specifically she said digital is real even as people start to get vaccines and the world reopens, people want more choice and information. the online to off-line work continues to be relevant. we tried to zero in on supply chain issues. i asked her what

it feels _ british chambers of commerce. it feels like — british chambers of commerce. feels like a tax from another age, and trying to _ feels like a tax from another age, and trying to compete _ feels like a tax from another age, and trying to compete with - and trying to compete with e—commerce _ and trying to compete with e—commerce businesses. and trying to compete with . e—commerce businesses when and trying to compete with - e—commerce businesses when you and trying to compete with _ e—commerce businesses when you are sad for— e—commerce businesses when you are sad for that— e—commerce businesses when you are sad for that commitment _ e—commerce businesses when you are sad for that commitment is— e—commerce businesses when you are sad for that commitment is a - e—commerce businesses when you are sad for that commitment is a real- sad for that commitment is a real problem — sad for that commitment is a real problem and _ sad for that commitment is a real problem. and within— sad for that commitment is a real problem. and within that, - sad for that commitment is a

it establishes a new assistant secretary of commerce for travel and tourism. the role will command considerable authority to promote travel and tourism and marshal resources. it will enable access to 250 million dollars previously collected for american travel promotion. this could not come at a more appropriate time when the biden administration announced yesterday they're easing travel restrictions beginning this november. we also appreciate the foresight for streamlining security protocols for air travelers and easing the travel experience, which will put more heads embeds at american hotels. in addition to the measures included, we urge support of direct relief for the lodging industry, despite being the hardest hit by the crisis. hotels are the only segment of the hospitality sector yet to receive covid aid. the state hotel jobs act will provide payroll benefits for three months for the most severely impacted hotels. congress can significantly jump-start travel bypassing the hospitality and commerce job recovery act. tax incentives will motivate businesse

congress can significantly jumpstart travel by assessing hospitality and commerce job. large group events which often significantly take years to plan. passages that would drive travel demand and support millions of jobs to small businesses. chair rosen and ranking member scott, thank you for the opportunity to share the impact of covid-19 on the hotel industry. congress can take action to accelerate the recovery and soften the scars left by the pandemic. the hotel industry looks forward to working with youto revive tourism . thank you for your leadership >> i want to thank all our witnesses for joining today and for their thoughtful opening statements . ranking member of our full committee, senator wicker for the first round of questioning. >> thank youvery much madame chair and you're right. the testimony has been very helpful and very good and i appreciate it . i think i'll start with miss new fang because i know if my colleagues have experienced what we have in our office, there's this huge problem with the delay in passports and visas. i appreciate this messed new

which is $42 there are different scenarios where the e-commerce is undervalued relative to where it'sparable companies, they trade at one or more times sales multiples this is possible and being analyzed but there are a lot of risk factors and separating the two businesses will not be easy. they will have to go over hundreds of service agreements clearly the customers on the channel behaving and shopping in both digital and physical. >> thanks for coming on. i am confused. is it possible that the rest of macy's, with the debt, bricks and mortar and some under scale, is worth negative depending how they divide up the e-commerce sales? >> that's an interesting part of the story. the rest of the business he would model as declining 3 to 4% and model the digital business growing 9 to 11% thinking about a sum of parts, clearly an valuation would be lower on the brick and mortar business but a physical presence helps you acquire stores online. the customer experience occurs across the channels. macy's has real estate we have quantified that at $2 billion. but the question is can macy's achi

what are their advantages when it comes to commerce and the way they do their business? finally i would say this is at least from what we read in many of the media outlets these days will not be the last pandemic we deal with in our lifetime. and so what did we do well in the last 18 months? what could we have done better? how could we get in front of especially cross border policy, cooperation, and consistency to make sure that we are approaching the next pandemic with as many tools as we have available and making those policies set up so that there is less confusion and less inconsistency in the way that we process whether it is ground border crossings or air border, air travel into other borders in the future? so those would be three on my wish list. >> thank you. we'll be sure people putting this study together have all of that input and it is very helpful. thank you, chair. >> thank you. next i'd like to recognize asking questions remotely senator sinema. >> thank you so much, madame chair and thank you to our witnesses for joining us today. tourism represents such

again -- i would raise in the 16 seconds i have left there is a 2016 gyo report that found that commerce said they do not achieve broader policy goals. i would hope this treasury department and others are responding to that gao report to help us determine which sanctions work and in what circumstances so that we can better mold our sanction policy. >> senator, i want to lay out some principles that help us do that work. yo >> we're going to leave the hearing to fulfill our longtime commitment to live coverage of congress. you can continue watching the hearing live online at c-span.org. now live to the u.s. house. at pe gentleman from new jersey seek recognition? mr. pallone: i move to suspend the rules and pass h.r. 4369 national centers of excellence in advance and continuous pharmaceutical manufacturing act, asallieded. the clerk: union calendar number 111 a bill toll amend the 21st century cures act to provide for designations of institutions that provide leadership on continuous manufacturing as national centers of excellence and continuous pharmaceutical manufacturing and for other

i asked commerce secretary about it, she said not in the cards. america is not as aggressive on this pandemic. so far behind. of course, take the whole live or die ecos literally. and you've heard of the investment here on cnbc. go like this -- can you see it over here? this is it see? hmm? hmm? you know so if you want to -- that's how i think. right? it's like, look, this is the rehearsal. when you catch the later one, much stronger. if you want to see us in action read our reports next week on morgan stanley and wells fargo two positions reporting thursday morning. numbers get unbiased analysis wall street won't give you doing this a long time we give it to you in plain english how good or bad the quarters are even if we screw up we say it. no analyst ever does that. give it to you in the time you need to make a considered decision pride ourselves on that and work for you not the big institutions not trying to encourage favor with people who run these companies. that's curry, like, you know -- the accent i'm betting morgan stanley's results amaz

mandeep: clearly, moving forward some demand for e-commerce last year.s talk about two years of transformation or five years of transformation in one year. well, there are difficult problems next year, and they are setting up expectations, but as of today, all of these companies are trying to add more functionality around e-commerce in their app. even though i think the comps get tougher, they will keep having more functionality with e-commerce, like i said, in the apps. emily: all right, our "bloomberg intelligence" senior analyst, mandeep singh. we will bring you more as we have it. we get court reports from alphabet, microsoft, texas instruments, and more. ebay wednesday, apple and amazon on thursday, and, of course, all of the details right here on "bloomberg technology." that does it for this edition tomorrow, a founder and editor. ♪ looking for a better way to lose weight and feel good? how about the one with the 98% success rate and the more affordable weight loss solution? that's golo. there are no monthly fees and it's guaranteed to work or you

now that we have seen how vulnerable these lines of commerce can be, we cannot go back to business as usual. this pandemic won't be the last global health crisis we face. we also need to increase our resilience in the face of climate change, natural disaster and even planned attacks. many of our supply chains are almost entirely owned and operated by the private sector. government can play a key role identifying supply chain risks and bringing the different pieces and actors together to address these vulnerabilities. in the united states, my administration has focused on this from our earliest days of the administration, which is not that long ago, january 20. in february, we began directing new investments to send supply chains at home and to work with partners to bolster supply chains around the world. last month, we launched an early warning system to get ahead of the supply chain disruptions for computer chips. which impacts so many industries in my country and all of yours. just a few weeks ago, we were able to facilitate an agreement with key unions, retailers and freight movers

chamber of commerce executive vice president ne-yo bradley -- neil bradley. the chairman of the think tank that third way talks about divisions between moderate and progressive's under the democratic party. watch at seven clock eastern tuesday morning at join in with phone calls, -- seven clock eastern tuesday morning and joan -- join in with phone calls, facebook posts, and tweets. >> downloaded c-span's new mobile app and stay up-to-date with political events from live streams of the house and senate floor and congressional hearings and supreme court oral arguments and our live morning program washington journal where you -- where we hear your voices every day. download the app for free today. >> next, a discussion on cybersecurity. officials talk about areas where improvement is needed in the public and private sectors. this one's -- runs one hour.

the dialogue has always been around is e-commerce growing and stores depleting? and what you have seen during the course of the pandemic was an acceleration of a lot of trends. a lot of those most affected during the pandemic really learned to use their stores as distribution hubs. you saw things like curbside pickup and click and collect become prominent during the pandemic. those trends will continue for the foreseeable future. the way stores are used may change. historically they have been used for consumers to browse shelves and products. they will be continue to be used that way but also as performance centers. you will see the convergence for retailers that are leaning into both channels would be the ones who are the most successful going forward. matt: how difficult is it, both for the online business as well as the brick and mortar to get employees back to work? tom: the labor market is tight for sure. that, along with supply chain issues, are the two biggest issues for retailers. you have heard a lot of detailers doing a number of things to encourage hir

>> so clearly, we pulled forward some demand for e-commerce last year.alk about pulling forward two years worth of digital transformation, or five years worth of e-commerce and digital transformation in one year. they are going to run against difficult comps for next year and they are setting up expectations. but at the end of the day, all these companies are trying to add more functionality around e-commerce within their apps. even though the comps get tougher, they will keep having more functionality with e-commerce, like i said, in the apps. emily: all right, our "bloomberg intelligence" senior analyst, mandeep singh. we will bring you more as we have it. meantime, plenty more tech results this week. tuesday we get quarterly reports from alphabet, microsoft, texas instruments and amd. ebay on apple and amazon on wednesday, thursday, and, of course, all of the details right here on "bloomberg technology." that does it for this edition of the show. tomorrow will be joined by spencer bogart and david kirkpatrick. i am emily chang in san francisco. this i

so pursuing what they refer to as kind of the super app or broader commerce and payments app concept. if you recall, two years ago they bought honey. that kind of promotions service. this is somewhat, i would say, i don't know if the right word is reactive but it is a natural follow on to squares' acquisition of after pay we saw two months ago, because after pay, as much as they're known as a financing company their real differentiation is marketing and shopping services for consumers. this acquisition, if paypal ends up going ahead with it, will basically bring a bunch more sort of commerce and shopping, discovery content into the paypal ecosystem. >> it is fascinating, lisa, because you are making it clear this is not just a quirky one-off. alex, my question would be, why is it important for fintech platforms to have more and more ownership of social shopping if we want to call it that? >> yeah, well, what is happening in the background here is that the advertising technology that underpins all of these apps, and, honestly, the internet, is being rewritten essentially by companies l

new commerce, growing 20%, 250k.and new customer acquisition as everything went digital and all these companies went online. >> it's interesting. like i mentioned before, we have this usage-based press model our business is not selling seats. our business is fueling the ambitions of companies as they are entering the digital world as they have to excel and build new experience for their customers, and also they compete and win in this digital economy. so our growth really mears the growth of digital as an important part of our lives and every important part of the company as they make that transition as you can see, covid has accelerated companies' entry into the new world, but it's not left turn stuff that we did only because of covid many things we did last year is how the world was moving it happened faster than we had expected i think of the telehealth solutions how very few doctors' appointments were done over video prior to the pandemic and then we realized, for a whole lot of our doctor appointments, it's so m

currently we are a market leader in e-commerce. the only one doing commerce in brazil properly. pays off to keep this. >> was your family on board with the strategy from the get-go? what are some of the lessons you took a lot -- took away from your families empire? one thing i love about my family as they always put their business first. we were led by women for 40 years. so it's very typical for a latin american company, and i think we have open-minded and the company. they think of outside the box. so we have very strong values. but in terms of changing business models and the way we operate, we say here that split never changes is that we are always changing. i never had any issue. they know that the e-commerce and revolution would have a major impact. click so your mother is a key figure. in brazil's business community. so what's the dynamic there? do you agree, disagree? >> would all like to push the agreement. and she is very tough. she wants them to drive. he is currently the chairwoman of the company and the ceo of the company. she is very tough and wants results. not on

according to sources, the e-commerce giant is a priority. its valuation is based on the e-commerce giant's investments. ed ludlow is here with this coup. a lot of people want to know when they can get one. nobody wants to sit on a multiyear long waiting list. what is going on? ed: they are running this three ring circus where it has its own pickup and suv and the amazon man trying to happen at the same time. now it is kind of running at a steady rate. sources tell us rivian's shifting resources to amazon because frankly amazon is one of its biggest investors. this is an important order amazon has made. we understand 300 will be delivered this year and the rest of the 100,000 in the next decade. there is a lot of pressure and they can't do it all at once. we are hearing now that amazon is the priority. emily: tell us about how amazon and jeff bezos got into them because it made a difference to the company's future prospects. ed: in 2018, rivian was in stealth mode. they hired a production company to film some video. pete berg contracted with

so, salesforce customer 360 unites your marketing, sales, commerce, service, and it teams around her. experience from anywhere. ♪ (whistle) ♪ >>> all right. our final installment of our power house blueprint as we head into the deeper fall season. we have helped you build the house, furnish it, now we are heading to the backyard with a look at the companies that make lawn mowers, grills, poolsings and whatever joel tisch joins us. you like deere i don't think of them as a backyard lawn mower maker? >> it is a small part of their business it helps them to fill up their dealer network with more product that the customers want. >> they are not having trouble getting supply out there >> i mean, everything is tight basically, inventories are about a third of where normal levels ought to be. but that's helping with pricing as well. >> let's move on to altar holdings what do they do? why do you like them >> altar is more of a die -- altra is diversified what they do for the backyard is very small it is a great management team, spinout of dana herr's babies. they have a great operating style

endorsed by the chamber of commerce. endorsed by many, many republican groups. nobody, do i think more of than the dean of the house and i'm happy don young endorses this bill. i hope more republicans join with him. i'll vote to move america forward. thank you. the speaker pro tempore: the gentleman reserves. the gentleman from missouri is recognized. mr. graves: thank you. at this time i yield two minutes to the gentleman from louisiana, mr. graves. the speaker pro tempore: the gentleman is recognized. mr. graves: thank you, mr. speaker. mr. speaker, i think everybody in this body wants an infrastructure bill. we all want to see better roads and bridges. we want to see more sustainable, resilient communities. mr. chairman, this bill, about half of it actually is money for infrastructure. about halving -- about half. we've been able to cut red tape, break logjams. projects, mr. speaker, dates back to before i was born, we've been able to work through all of the obstacles and impediments and get the authorization in place and get them funded. this bill doesn't gi

that is why e commerce, we don't have an e-commerce designation that potentially could be applied for formula retail. and then, also, i just want to remind the commission that the economic mitigation working group did set forward or did produce a set of 15 recommendations and discussion with vice president zouzounis who's the chair of the equity special committee, the racial equity special committee. you know, this is something that the racial equity special committee can look at, but there's a set of recommendations too that can be looked at and discussed. and i think there's kind of a top three that i look at. one is the elimination of the deemed approved use fee to amend the tobacco retail sales so that it allows for other family members and expands the family member definition if the business is passed on to the family that they're able to retain. the tobacco license and then the cigarette litter abatement fee, but there is a whole host of others. so i'll resend that list to you for you to take a look at. and then lastly, i just want to make a note that i am having carrie work on

now joined labour in calling for ministers to provide financial help, with the british chambers of commercee situation as "dire," for some small and medium sized firms. here's our business correspondent, katie prescott. our biggest customer is... bring broth committees _ our biggest customer is... bring broth committees gas _ our biggest customer is... bring broth committees gas cans - our biggest customer is... bring broth committees gas cans are l broth committees gas cans are simmering 20 hours a day seven days a week. there is little this business can do to cut its energy usage. bells recently have been painful. usage. bells recently have been ainful. , , . , ., , , painful. energy prices going up is not what we _ painful. energy prices going up is not what we need. _ painful. energy prices going up is not what we need. my _ painful. energy prices going up is not what we need. my overheads i painful. energy prices going up is - not what we need. my overheads are extremely high as it is. and it's a concern. it's a deep concern about the viability of the business, and i don't want to pass

so, salesforce customer 360 unites your marketing, sales, commerce, service, and it teams around her.xperience from anywhere. ♪ (whistle) ♪ >> welcome back to "fast money." shares of pintrest surging there is talk that the social media company is in late stage talks with paypal. with more on what it could mean, let's bring in if dan. stock was down 5%. it seems like this sort of deal would get it away from being a pin tech >> or alternatively it is another way to get deeper into e-co e-commerce if you think about it, facebook is getting into payment. >> so maybe it's tit for tat >> do they want to use paypal as a preferred method without acquiring pintrest when i read this, i thought is there something lacking that they are looking for a deal like this >> a great point the fear in the market is that everyone looking for the net, they got it in fiscal '21. i think if there is a long-term strategic rationale, it's getting into e-commerce and maybe something like shopify or amazon this could be one more building block, but i agree there are a lot of eyebrows in the market today. >> dan,

when you think about interstate commerce there is nothing that moore embodies interstate commerce than the movement of goods through the states by the interstate highway system. the federal role for national transport is clear the practice is long-standing. i don't think any form of government has the ability to take on the sole responsibility of what we have right now is truly a partnership between state government, local government and the federal government. you are right states on the vast majority of roads and bridges. and then federal lands, ownership of roads is pretty minimal. that does not mean there isn't a natural interest in the free flow of commerce and its citizens per. >> for talking to david power representing road and transportation builders in america. he is the present ceo of that association for a column with your comments and questions about roads and bridges where you live. republicans dial 2-027-488-0013 democrats (202)748-8000, independence (202)748-8002. you can also text us with their first name, city and state in your thoughts as well. mr. bauer, robert full

so, salesforce customer 360 unites your marketing, sales, commerce, service, and it teams around her.they can deliver a great experience from anywhere. ♪ (whistle) ♪ - [narrator] introducing the grubhub guarantee: our promise to deliver the food you love on time, and give you the lowest price, or you'll get $5 off your next order. (rhythmic electro rock music) (crowd cheering) - bito, bito, bito, bito! - [announcer] bito, the first u.s. bitcoin-linked etf. >>> i'm kristina partsinevelos here is your cnbc news update at this hour. the only michigan official fired in the flint water disaster was likely a public escape goat who lost her job because of politics that's the finding of an arbitrator who is also ordering she be paid nearly $192,000 in back pay and other compensation. no comment yet on the ruling from the michigan environmental agency where she worked. >>> the white house dealing a serious blow to a proposed copper and nickel mine in northeast earn minnesota the biden administration has ordered a study that could lead to a 20-year ban on mining in the area the obama white hous

so, salesforce customer 360 unites your marketing, sales, commerce, service, and it teams around her. so they can deliver a great experience from anywhere. ♪ (whistle) ♪ i'm searching for info on options trading, and look, it feels like i'm just wasting time. that's why td ameritrade designed a first-of-its-kind, personalized education center. oh. their award-winning content is tailored to fit your investing goals and interests. and it learns with you, so as you become smarter, so do its recommendations. so it's like my streaming service. well except now you're binge learning. see how you can become a smarter investor with a personalized education from td ameritrade. visit tdameritrade.com/learn ♪ >>> rocket lab taking a step into the final frontier. shares surging after announcing it's selected to launch nasa's system this is more players entering the space race this year reusable rocket company stoke space technologies raised $9 million in investments from reddit. alexis joins us with the co-founder and ceo of the stoke space technologies great to have you both with us very good aft

just a nice view chamber of commerce day areas of fog near the coast overnight hazy and warm to hot thiser is heading your way the middle of next week morning temperatures will be in the 50. and 60s afternoon highs on the hot side in the south bay 97 and gilroy 91 in san jose 87 in santa cruz on the peninsula 89 in redwood city mid-70s along the coast, you know, october brings warm beach weather 72 and daly city 83 downtown san francisco north bay temperatures low 90s from san rafael to petaluma 94 santa rosa 92 in napa. it's going to be a bit on the hazy side 85 in oakland in the east bay 88 castro valley had inland, it'll be hot and hazy i've in concord and livermore now. i want to quickly just turn your attention to next week slight chance of a couple of showers in the north bay, but it's really friday that we have a better opportunity for rain and possibly some sierra snow accuweather 7-day forecast. it's a warm to hot weekend heat eases next week and it's much cooler cloudier. maybe umbrella weather coming your way. by friday, kristin and larry. look forward to that. yes. thank you,

that is why e commerce, we don't have an e-commerce designation that potentially could be applied for formula retail. and then, also, i just want to remind the commission that the economic mitigation working group did set forward or did produce a set of 15 recommendations and discussion with vice president zouzounis who's the chair of the equity special committee, the racial equity special committee. you know, this is something that the racial equity special committee can look at, but there's a set of recommendations too that can be looked at and discussed. and i think there's kind of a top three that i look at. one is the elimination of the deemed approved use fee to amend the tobacco retail sales so that it allows for other family members and expands the family member definition if the business is passed on to the family that they're able to retain. the tobacco license and then the cigarette litter abatement fee, but there is a whole host of others. so i'll resend that list to you for you to take a look at. and then lastly, i just want to make a note that i am having carrie work on

e-commerce comes with that.r a normalized solution to consumers, like the experience in other industries. matt: if it were not for all of the flower in the video we are seeing, it would look very normal in terms of e-commerce transaction. your office strikes me as fairly normal. everything seems to be on the level, but then you work with someone like snoop dogg. how does that change the equation? ross: we see ourselves as a technology company focused on the cannabis space. you are right, we are a company that was previously in the online food ordering business, myself, and we have taken a lot of those parallels. we do operate like a normal software company and we will continue. we are thrilled to have a diverse group of investors at the table, from snoop dog, kevin durrant, howard schultz, but other strong institutionalize investors. we had participation from many investors. tiger global let our series c. it is great to see this mind shift and momentum in the industry. we are starting to see it from institutiona

. >> we are joint next by congressman peter welch of vermont, he is a member of the energy and commerce committee, vermont at-large member, congressman. good to have youou back on. >> good to be with you. >> start with reconciliation package, social spending treasures the biden administration is pushing as you hear from of the dollar figure being compromised and adjusted, what are your concerns about what might be out of the package once. >> we have to make painful decisions, we don't have the single most in the house without to make some adjustments there are two ways to look at this summer in the neighborhood of two below in terms of the priorities preserved. there are three elements to at the biden's plan ist about. one is finally confessing families. i would use the work investment because we need childcare and artist true whether you voted for trump for biden. pre-k is for parents, not only your place for their kids, they have education for their kids. we need home care, these are major elements of the so-called human infrastructure but that will really make a difference for famili

i also want to thank chairman pallone and members of the staff in the energy and commerce committee who contributed a debate deal as well. mr. speaker, during the course of the 2016 campaign, donald trump said he was going to invest $1 trillion in infrastructure. common : $1 trillion. in 2017 he became the president of the united states and in 2017, 2018, 2019, 2020, no trillion dollar infrastructure bill was offered to this house or to the congress. mr. degrees, other leaders -- mr. defazio, myself, speaker, other leaders went down and met with president trump. and mr. defazio was talking about $1 trillion that the president talked about. he really thought it was probably more needed but he's been talking about -- the president said, dismiss that. that's too little. it's not enough. we need at least $2 trillion. president trump. 2019. # what we have before us today, mr. speaker, is a product that reflects the needs of our economy. an infrastructure system in dire need of upgrade and expansion. and addresses some but by no means all of the realities of the climate crisis we face. in fac

so, salesforce customer 360 unites your marketing, sales, commerce, service, and it teams around her. can deliver a great experience from anywhere. ♪ (whistle) ♪ wealth is breaking ground on your biggest project yet. worth is giving the people who build it a solid foundation. wealth is shutting down the office for mike's retirement party. worth is giving the employee who spent half his life with you, the party of a lifetime. wealth is watching your business grow. worth is watching your employees grow with it. principal. for all it's worth. >>> welcome back, the 24th annual milken institute global conference is happening. our own brian sullivan is there. he spoke with former saudi energy minister. listen in. >> there are so many things happening in saudi arabia now around vision 2030 i have to begin asking you in your previous life as energy minister, what is happening with global energy right now is nothing short of remarkable. we are seeing real energy, power outages and more in europe right now. what less ones would you take that the u.s. could and should learn right now? >> it is r

commerce at large is fascinating. but more importantly it is what commerce does and what eda does in particular. so eda is the only agency dedicated to economic development. but is that really mean? we touched communities large and small we touched maze whether urban suburban or rural for the purposes of this conversation the work we are doing and rural communities secretary bill sackett mentioned the federal government does a lot. we do not tell the story very well. when you travel communities across the country there is a contribution in so many different areas but i will just tell you my second day on the job i flew to norwood colorado going to use that as an example of what eda does. they are in collaboration, not only with the local government which are critical partners to us, organizations like nato, i know connie you are part of as well. as well as philanthropy, we come together and really look at what are the solutions and the bottom up? it is a delicate dance at times who should play the more prevalent role

customers are increasingly choosing to fill their orders on e-commerce channels given the speed e-commerceover other channels. it can be more like two to six weeks if you go through the traditional brick-and-mortar route. peak is not canceled, the flow of goods is changing, we are the magic dust that will solve things through the christmas period. alix: does that mean i can still get what i need to get, i will just have to pay more and be more creative and where i am looking? mark: we will see a shift towards a couple of things. reverse logistics will be an important part of helping the problem. if you think about how the market is shifting away from brick-and-mortar and more towards e-commerce, reverse logistics allows you to get that inventory into the back of the store at the front end to allow the customer to buy it again. an era died beacon of hope such as us that can get that inventory back into the front store will be a demand during this period. the answer is yes, christmas is happening and you will get the goods. guy: explain reverse logistics for a minute. i assume this means all

so, salesforce customer 360 unites your marketing, sales, commerce, service, and it teams around her. so they can deliver a great experience from anywhere. ♪ (whistle) ♪ make fitness routine with pure protein. high protein. low sugar. tastes great! high protein. low sugar. so good. high protein. low sugar. mmm, birthday cake. try pure protein shakes. with vitamins and minerals for immune support. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire [ sigh ] not gonna happen. that's it. i'm calling kohler about their walk-in bath. matching your job description. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. ♪ ♪ the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, which is 25 to 60% lower than some leading competitors. the bath fills and drains quickly, while the heated

e-commerce and fintech offers a lot of opportunity. are upcoming sectors that i would highlight, education is gaining a strong boost during the pandemic, and health care. so we have some growth sectors. yvonne: real quickly, do you think a lot of this money and interest is really just based on a place to shield the money given what we have been seeing in the china tech crackdown? >> i have been talking to investors over the last few months, where china people are looking for opportunities in southeast asia and india. that is one of the factors, but also if you look at what has happened where they have been facing these companies. valuations are becoming very high when it comes to the public. so that is one of the factors that the public is looking at for investing in the private sector. rishaad: great to have you on the show. thank you very much. from credit suisse. start ups at the four of things. we will hear from one of the most valuable indian crypto space start ups. the founder and ceo joins us in under an hour. we will see what's

it is accelerated it by 3 - 5 years the demand in space that the e-commerce companies need have beeneen a really great time to be in the industrial market. liz: how does the global supply chain bottleneck around the world mostly in asia affecting the demand for local warehouses? >> that's a great question it impacted the industrial warehouse tremendously, the backlog in the major seaports like l.a., new york, new jersey and all along the east coast, the united states is created a very high demand for a lot of e-commerce companies and companies in general that need to stock inventory and especially for the upcoming holiday season. as i speak to our customers they have told me there is a high probability that they will require additional warehouse space here in the next 30 days to stock their warehouses with inventory to make sure that they are ready to meet the demands of the holiday season as a matter of fact prior to the pandemic they called their inventory just-in-time inventory at the time there would be online orders we would get fulfilled and distributed, those days are over and

and also, jon, we have to note that commerce is a great way for them to help circumnavigate some ofhe apple targeting restrictions >> now, dee, this is a great setup, i think, for the overall challenges in tech right now because here is a case of a strong company in facebook, continuing to be relatively strong despite what we saw happen with snap, and apple having an outsized impact on this whole ecosystem, even though sort of platform wise they're small. remember, apple is not windows apple is not android, but economically it's apower house >> right those privacy changes are taking effect i guess you have to wonder if this is sort of the peak, right? it hurt snap and did hurt facebook but not as big a disaster julia said they're looking towards different revenue streams you mentioned commerce, julia, you mentioned reals but the metaverse is a big play as well why do we assume that facebook is making huge investments in the space but will they be allowed to create the operating system there could be some lateral plays, we talked about nvidia, up 80% year to date, more than that and

the world of business and commerce is driving energy transition each the promise of clean energy and illusion. the top side of green energy on al jazeera, ah ha, thousands of women march across the united states in support of abortion rights. ah, and come out santa maria here and somehow with the world news from al jazeera, libya has launched a major crackdown on refugees and migrants detaining 4000 people. the outgoing philippines president, rodrigo de tirty, says he's retiring from politics ahead of next year's elections but not everyone's convey.

so, salesforce customer 360 unites your marketing, sales, commerce, service, and it teams around her.o they can deliver a great experience from anywhere. ♪ (whistle) ♪ every day in business brings something new. s so get the flexibility of e the new mobile service. designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data for just $30 per line per month when you get four lines or mix and match data options. available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities. >>> facebook's fallout is far from over. the journal reporting that facebook is delaying the rollout of new products in conducting reputational reviews our next guest's latest column is titled "how to fix facebook." "the new york times" reporter shira ovide joins us now shira, how to fix facebook lay it out for us? >> well, i don't want to say this is my idea. one of the really interestin

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