that's according to a recent poll conducted by the american chamber of commerce in germany. and i'm joined by the mona mina, she's president of the american chamber of commerce in germany. simona welcome to the show. the more in ukraine is transforming trade around the world at this moment . is that an opportunity for us e u. business ties? it definitely is. and we shall take that opportunity. it's so important and our members are saying that the relationship is strengthened at the same time. this is a very complicated environment for trade. there's a backlog of shipping containers around the world. there's high energy costs, there's inflation and there's a tightening monetary environment. we look at the u. s. the interest rate hikes. could we see more downside in the future than upside? well, it will be difficult times we have to face to and to it should not be a surprise. we had a pandemic, we have a war in europe, and we have a high inflation on the other hand, innovation, new ideas coming out of critical situations. so we have to find out ways with new technology to over

i'm in a president of the american chamber of commerce in germany. thank you very much. thank you, steven. and here's a reminder of the top business story. we're falling for you this hour. the e u has approved and import van on russian cold as part of a new package of sanctions against moscow. it marks the 1st time brussels has targeted russian energy. the import, 20000000 euros of brushing coal daily. as a fraction of daily imports of coal and gas, meaning the debate over ending all russian fossil fuel imports in the e. u is likely to continue to for me and the dw business team here in valencia. as always, you can find out more about these and other stories online. check us out at g, w dot com slash business. were also on youtube. you can find us under the d, w. news channel, and facebook as well. i've seen, usually here in berlin is always likes watching. ah enter the conflicts own with sarah kelly. the world has been confronted with horrific images of atrocities against civilian, allegedly committed by russian forces in ukraine. we can find a car, and then paul, the g

e-commerce was already on the rise prior to covid. it's continuing to be strong and they're leasing to e-commerce players and in order for goods to get from a warehouse to your home, they've got to shop -- they've got to stop through one of the distribution centers that's what prologis is in the business of. >> can you explain why prologis, it's like a techie commerce play, is basically at all-time highs at a time when fedex is down 33% off the session highs what gives if anything, i think an e-commerce play would do worse because we're supposed to be having a post pandemic normalization hangover >> when you think about the transports, what's the big cost input? gas, oil, jet fuel and those prices are through the roof, but when you talk about the real estate, they're not as exposed to those commodity pressures. >> but -- so what do you mean by that they versus who? >> sure. what i'm talking act are prologis, very much a staple in the value chain of getting a good from a manufacturer's facility to the end customer the real estate is be

blunt rochester, another fellow member of the energy and commerce committee. i urge passage of this great bill. thank you very much and i yield back, madam speaker. the speaker pro tempore: the gentleman from -- the gentleman from new jersey is recognized. mr. pane loch -- mr. pallone: i reserve. the speaker pro tempore: the gentleman is recognized mr. latta: at this time i would like to recognize the gentleman from ohio, mr. balderson, as much time as he may consume. the speaker pro tempore: the gentleman is recognize. mr. balderson: thank you, madam speaker. i rise in support of the data mapping to save moms' lives act. the united states someone of the only few nations in the world experiencing a rise in pregnancy-related deaths claiming the lives of hundreds of moms each year. behind each of these cases are stories of heart break and devastation for families and communities we must do more to improve health outcomes for moms and babies across the country telehealth services will play a critical role in doing so this bill will instruct the f.c.c. to work wit

schakowsky who is the share of our subcommittee, energy commerce subcommittee on commerce and consumer protection. the speaker pro tempore: the gentlelady is recognized. ms. schakowsky: i thank the gentleman for yielding. americans pay 10 times as much for insulin as do any other consumers and countries around the world. the exact same drug. we have actually the names of people who have died because they could not afford their insulin. and started to cut back on their prescribed amount. that is just unacceptable. big pharma has been gouging consumers for a long time, even for lifesaving drugs. it's time to stop it. the affordable insulin now act will make insulin $35 a month. for millions of americans. and it will save life after life after life. this is only the start. we have to make sure that all americans have access including those who have no insurance. i yield back. the speaker pro tempore: the gentleman reserves. the gentlewoman is recognized. mrs. rodgers: i reserve. the speaker pro tempore: the gentleman from new jersey is recognized. mr. pallone: madam speaker, i now yield o

rising costs across fuel, labor is one of the biggest pain points in retail and e-commerce and having that logistics arm is a benefit to them. kriti: do those partnerships with other e-commerce companies ultimately eat into their own business? poonam: if they are using them as a performance center, it should not matter. amazon is another platform they can use to fulfill their online business orders. kriti: poonam goyal, always welcome knowledge on bloomberg intelligence. we thank you so much. amazon reporting after the bell. apple as well. joining us now is da davidson senior research analyst tom forte. thank you so much for joining us. we will start with the apple question. one of tim cook's legacies has in securing the supply chain -- has been securing the supply chain. stocks are sensitive to what is going on in china. can the supply chains stay strong? can apple whether the storm? tom: what they were looking for in that regard was $6 billion. a $6 billion sales laws on supply chain related challenges -- sales loss challenges -- on supply chain related challenges. it is hard to env

so how does walmart invest in the e-commerce, and potentially higher end logistics area, as amazon is making these adjustments? that's going to be something for investors to pay attention to. >> great point. >> yeah, meantime, guys, apple is the other one worth watching, shares down as the company warns about supply chain issues, could result in an $8 billion hit to revenue. they add that covid lockdowns in china, hurting some business services driving the growth there, of course, revenue for the division at an all-time high, board authorizes an increase to the buyback of $90 billion. a lot of the estimates were more in the $70 billion range dee, you know, suggesting maybe if you do get a pivot in lockdown policy in china, some of this might be alleviated over time, and as it is, some argue, apple is the last man standing in faang. >> yeah, speaking of the last man standing, we see this decline of about 1%. is that good enough? but as a whole, guys, i mean the market was so gofocused on megap tech earnings. the fundamentals are largely intact you swrnt seen the rerating for these comp

in re commerce really aligns with their values.f you think about that demographic, they really want to make sure that they are finding unique, interesting items and importantly they really care about sustainability and how important that is. that is why this is so them for that generation and we are really leaning in to support that. emily: they are also typically more price-sensitive. how are they responding with forty-year inflation? jamie: not just gen z, it's across-the-board. katie 2% of people have been selling secondhand goods over the last few years and when you think about high gas prices, ebay is a great place to turn to to sell your pre-loved items. the average household has $4000 of items they could sell and less than 20% of that is online. in there's amazing value there. take our certified refurbished. if gen z needs a new laptop, they can purchase a certified refurbished project -- product with money back guarantee and hasslefree returns. and it saves your product from going into the landfill -- landfill. emily: you w

>> so e-commerce is still its core but amazon is so many businesses logistics, advertising, cloud.ertising and cloud are going to be particularly important because these are higher margin businesses more protected from the effects of the macro environment which are going to look messy on that e-commerce as well as coming out of the pandemic it will be tough there the question will some of those other businesses offset the slowdown in e-commerce advertising will be particularly interesting because we've seen the results from google, from meta, from snap, different model, though. amazon is more direct advertising. probably better protected here as well and cloud coppming off microsoft. amazon will probably have to do that, too. it may be in a tougher position. >> fair enough expectations are fairly high considering what rivals have reported cloud versus the e-commerce business, what would you do with the stock? >> i think i'm looking at core retail amazon management have had to guide down three times in a row. for core retail to grow 7.5% clip for this year if you look back historica

>> the ceos of manufacturing committee's were in front of the senate commerce committee to testify on supply-chain shortages and investment in future technology. the hearing runs to and 1/2 hours. [inaudible conversations] [inaudible conversations] >> come to order. we are here this morning to talk about developing next-generation technology for innovation. we are joined by distinguished panel of manufacturers, people who used this product is a cortical part of our supply chain and welcome all of them who are with us today. one witness joining us virtually, mr. preston faith and appreciate him joining us. we are also joined by one of our colleagues who wishes to make a statement and that will follow senator wicker and i. the semiconductor industry is a uniquely american story. it has shown the importance of innovation and building in the united states. the first transistor was demonstrated in new jersey in 1947. in 1958, the missourian attended college on the g.i. bill and demonstrated the first integrated circuit. the semiconductor industry was the benefit a federal purchasing power,

our next guest calls amazon one of his favorite stocks in e-commerce here to discuss, scott divet scottlcome it seems like amazon's costs probably not going down any time soon given what's happening in staten island, which is one of their larger warehouses and at least the increased possibility that the movement spreads. so what's amazon's best move here in terms of cooperating or not in this union push and what's the impact on investors? >> thanks for having me this morning. i think the -- you're seeing what amazon's best effort is with the push back that they're already doing and what happened in alabama proceeding this you know, many large companies go through these type of challenges of walmart and history and never did end up with organized labor u.p.s. has gone in the other direction. i think it's the cost of doing business one way or the other. what's interesting is amazon today nationwide has a minimum wage that's $15. i think there was an amazon spokesperson quoted over the weekend saying that in staten island it's 17 to 23 they also have health benefits and tuition reimburseme

this is not only solidarity but also commerce commerce west.not only as meat, but also as a tool, well, it is clear for yes, profit making, yes, that is, look no, it is clear that this is not only solidarity commerce. don't forget. still, we understand how the smell works. well, the second. thank you, well, and the second, of course, after all. here we are talking about these hundreds of points. what do the successful military do after all. do not forget that this is the economy , after all, point number two. yes, and we are talking about point number one, victory will be ours - this is inevitable, a short advertisement. no one will know on channel one watch the premiere of the serial film after the program time stably free forever more benefits on the savings account, in fact , gazprombank cards are available to everyone. even if the damaged liver worries, it’s better to take care of it on time, two active components and could help relieve inflammation and restore liver cells. see liver care with a vengeance. courier, and to order a 20% discou

so the huge amount of commerce goes through there, that export figure that we touched on earlier. what that does cover some of the period in which it's been in lockdown, but we can certainly expect to see in april that there's going to be much more disruption in terms of exports and imports, particularly the exports. because if you look at what we are seeing going out to shanghai, well that the port officials and those running shanghai port say things running as normal. there's a lot of real time trade trackers the follow, you know, the phrase, the follow containers lou just, it was, this is just very much of the way. so for example, the chamber of commerce which, you know, for, for european companies in beijing and china, they say that, you know, volume at the, at the ports and highs down by around 40 percent. there companies on the ground there. and then you touched on the, on the figure there from that that was, you know, trade track of that says value merchandise down by 26 percent. that's a huge amount. and, you know, the problem in shanghai is basically that factories are cl

that will also apply to e commerce companies like amazon for counterfeit or unsafe products. companies will be banned from using deceptive techniques to get people to sign up for services. repeated breaches could see them banned from trading in the you. google responded by saying it will work with policy makers on the details. last month, e u approved separate legislation to prevent anti competitive behavior by tech companies. for example, sites like google will be banned from favoring their own services and search engine results messenger apps including whatsapp. we'll have to operate with smaller platforms, and it'll prevent software being pre installed on computers and phones. tech companies say that could stifle innovation. ah. all right, let's go ahead and bring in our guests from brussels. johan a sparky, coordinating spokesman for the digital economy, research and innovation at the european commission. from maslick, catalina, go into associate professor in private law and technology at outlet university in the netherlands and from paris, thomas, vignette, partner and co chair of

the department of commerce with 17 of my colleagues to consider opportunities to address the shortages to close the digital divide. i ask unanimous consent to insert this into the record. >> i encourage the commission to find ways to share expertise with relevant agency to alleviate delays and release broadband maps of the federal funding to reflect the needs of the south and east indiana and all of rural america. signed into law in 2020 i understand the commissioner has recently updated the agreements to include additional agencies regarding broadband coordination. however, it's also my understanding they do not have an interagency agreement with every agency involved in broadband programs. it requires your commission to establish a deployment locations map to provide an overview of federally funded broadband deployment projects across the country. can you explain the interagency process that your commission is conducting to implement the law? it's important that we coordinate because we have a chance to make generational changes with these and we are only going to do it if we are all

we start with amazon, because shares in the e—commerce giant have fallen sharply after it made its firstuarterly loss in seven years. amazon has been riding a two—year boom in online shopping thanks to pandemic lockdowns around the world. but that's now unravelling fast, as it faces rising costs, and increasingly cash—strapped consumers. as our north america business correspondent michelle fleury reports from new york. amazon was one of the big pandemic winners, enjoying record revenue and profits during lockdown, when people went from shopping in person to shopping online. but the halo has slept after it predict that we can sales growth in the month ahead stop it will�*s biggest online retailer forecast sales of between $116 billion and $121 billion in the second quarter, below wall street's dictations. the reopening of the economy as well as inflationary pressures clearly playing a role in the decelerating sales as consumers had to pause on spending online. supply chain issues have also made it harder to get certain product and it is juggfing certain product and it is juggling increased

-- e-commerce.to protect their spending, a very different passion for what we saw two years ago today when they were in the mind of cutting. >> where do your clients actually want to spend their dollars? is there a traditional advertising that is hot right now? is it all into the social media platforms? >> traditional tv, pray strong, up 17% in the u.k. the first quarter of the year. traditionally, it has been strong, besought google, alphabets results last night. obviously some disappointment in the markets, i wouldn't be disappointed by 23% organic revenue growth. alphabet is a third of the global advertising market outside of china. you are seeing that strong growth from the world's biggest advertising sales company. there's good demand still, they're looking to reach consumers where they are, which are digital channels. >> maybe netflixes an opportunity, you can expand on that. we are not talk about -- now talk about twitters and must once to -- elon musk to acquire it. >> i think twitter has go

but still, amazon, one of their picks in terms of not just e-commerce but online advertising as well,ome of those names to watch on the megacap side of things, they do tend to hold up better in slowdowns, much more so than some of the smaller cap stocks, guys back over to you >> yeah. i go back, dom, to -- >> go ahead, carl. >> i was going to say it's a great topic for lo toney, that question you have the tough komps on e-commerce, you have this whole hybrid work scenario unfolding then you've got the impact on -- of rates and inflation and hardware also susceptible to supply chain >> yeah. there's so many moving pieces right now. i think dom hit the nail on the head in terms of the key piece is what these tactics by the fed to combat inflation will have on the growth names we know that that's a big punishment when interest rates increase because the cost of capital increases. and a lot of these big growth names are valued based on the future, which is part of the reason why i like and agree with alphabet and amazon in particular, you know, i think just looking at digital transformati

the chamber commerce is an obstacle of e-verify. what do you say? >> guest: i agree with you and we need to e-verify. >> host: from tampa florida death on the independent line. >> caller: good morning, hi. i think it's quite how the press secretary gets up there in those conferences and says with immigration we need to be compassionate with these people. you aren't even treating the people that are here already with compassion and humanity. but how many people are in the streets now they can't eat and don't have a roof over their head and you are bringing morer here? it's not even fathom the will to understand why they are allowing this to happen. it's only hurting our country. it's not helping h our country d health care like you said they get free health care money. that's my money that i have life. for all my my husband works 70 or so we could he goes to the hospital and i to pay a new dollars a month for health insurance. where's the common sense in this? it's what they are doing to this country. thank you. >> guest: there's no common sense and

add revenue is the biggest form of revenue commerce, there is still 5.5 million people who registered new businesses i believe some of those companies happen to be amazon and shopify, but there are strategic shifts amazon has most of the market share on ecommerce front, i think new business is being created. >> last season was remarkable when you saw huge moves of mega caps from 10 to 15% in after hours. where do expectations lie, is that a one off thing or could that continue? >> i think a lot of these companies have had strong earnings how the market reacts on that versus inflation and rate hikes which will be the biggest beneficiary on where prices go we are battling some events that go into that couldn't predict we will see a huge jump, but i think people holding, like myself, should continue to hold >> thanks for the preview. talk to you soon >> thank you very much thank you. >>> let's turn to twitter this morning. kathy woods has been offloading shares all year slashing further among the elon musk joining the board. but with him no longer joining the board, here is krrccathie w.

in making places like north carolina the epicenter of global commerce. in order to achieve this vision we must win the global race of 5g. but the auction authority authority set to expire september i ask you mr. chairman and the committee were working with members of the side of the aisle to raise an ill extending the authority. the upcoming 5g will expand connectivity in north carolina. the first question for commissioner carr i've discuss my concerns about the potential to connect underserved communities that access to historically it's had satellite systems and broadcast satellite and multichannel integration systems and we may want to add global broadband 30s might imagine that's going to take a lot technical work to make sure these airwaves can accommodate all those different pieces without harmful interference in some of the data we have on our record interference noise ratios and the international telecommunications union's. we have satellite policies we have to date to identify harmful interference and we have to model what it looks like and try

on your first appearance as sec commissioner before the energy and commerce committee.ver 19 pandemic put an unprecedented demand on our communications network. overnight americans lives transitioned online for work, school, and to stay connected to family and friends. thanks to the great work and private investment of u.s. communication providers, our networks withstood the stress test. since 2017 broadband providers invested more than $300 billion in upgrading and expanding our networks. 2015, broadband speed for the most popular service tier have more than doubled. and according to the most recent scc data, the digital divide closed by 14% between the end of 2060 the end of 2013. but this time have the price of service decrease. discounting plans for low income americans nuts enough to support streaming and working from home. mikasa virtually everything is skyrocketing because of inflation, the inflation-adjusted cost of broadband service has decreased by 34% since 2015. on top of this private sector response, congress acted to help connect americans congress provide

. >> with increased gas prices, the house energy and commerce committee hears testimony from six oil company executives about their business practices in the fossil fuel industry. watch wednesday at 10:30 a.m.. >> middle and high school students participated in the student documentary competition where we asked the question, how does the federal government impact your life. >> that's rewind a bit. >> we have been told milk is an essential part of our diet as humans. why did we start drinking milk? why is the government so heavily invested in the dairy industry? let's dive in. at the beginning of time, humans were never meant to drink milk. if drinking milk was just a mutation, how did the idea of it being essential come about? >> started in world war i when guys are being drafted, they noticed there was malnutrition. >> the usda wanted to send powdered milk overseas. at the time, the milk being produced fell short of the quota. to compensate, dairy farmers increase their milk consumption. in 1945, the war came to an end. >> they thought they should be giving kids nutrition earlier in

chamber of commerce. let's get it done once and for all. >> laura: 's remember, it is not amnesty. they are going to be many hoops that illegal immigrants will have to jump through. we promise. >> i believe that illegal immigrants who want to stay should have to pay a meaningful penalty for breaking the law to pay their taxes. to learn english. >> president obama: if you have been in america for more than five years, if you have children who are american citizens or legal residents, if you registered to pass a criminal background check. >> president biden: they got to learn to speak english. >> laura: then all you law and order people you are subjected to an immigration sob story. >> president bush: the vast majority of illegal immigrants are decent people who work hard to support their families, practice their faith. >> president obama: these people are classmates, our friends. >> president biden: it is built around keeping families together. >> laura: my favorite biden, i guess it was eight years ago during another immigration pedal where he admitted what we all know. they don't

as chair of the energy and commerce committee, a huge highlight was 21st century cures, hailed as the most important piece of legislation passed in that congress. it laid the foundation for operation warp speed and faster drug approvals, including the first vaccine that pfizer produced in kalamazoo. and now once again, with my partner, diana diget, we're -- degette, we have cures 2.0. my driving mission has been jobs and the economy. whether it was working on the north american energy independent plan, pursuing renewable resources, dealing with climate change, changing the tax law so we don't have the highest corporate tax rates in the world which drove so many of our job craters someplace than america. being a republican lead with john dingell on the autor rescu plan, the industry and the jobs that came with it were too big to fail. protecting the great lakes. drinking water has also been my focus. every family in america deserves clean water. i've been willing to stand up for the last faortunate -- less fortunate. i helped those with those overseas in iraq and afghanistan, especiall

oh, been commerce as david shoves or this is really good. the best known hello products, even among non muslims of food products. meeks plays a special role in this, according to islam. animals must be slaughtered in a particular way. one of the criteria is that animals are killed without prior anesthesia. but this is prohibited by germany's animal welfare slaughter act, which is why large companies such as reason, hope make a compromise when they produce, hallo, meet in germany. they stunned the animals before slaughter in this way they comply with legal requirements slaughtering without anesthesia is only permitted in germany with a special exemption. as these, the legal situation is such that a special exemption can be obtained to slaughter without anesthesia only on religious grounds. in the populace, what does it in practice that rarely happen much because you have to have the status of a religious community was on. i can't prove you belong to it. one was providing this one. nobody wants going just on good. the item cooper, company in e

chamber of commerce, business organization, to the national education association, thousands of teachers, to the order of police, the largest police union. they wouldn't support somebody soft on crime, to child advocacy groups. who wouldn't be supporting her either as she was not being appropriate in her sentencing of child pornography defendants. so even this breath of support, she didn't make the cut with the republicans on the judiciary committee. so, clearly a nominee who was uniformly called brilliant beyond reproach first rate and in impeccable from colleagues across the nation was not enough. so, truly what will it take? sadly some of my republican colleagues resorted to unfounded and misleading attacks in an unsuccessful attempt to smear her. to highlight how ridiculous the attacks around the sentencing of childs pornography offenses wer, i asked judge jackson about the historyin of the sentencing guidelines for these crimes and the concerns that these guidelines do not reflect what is happening with child pornography offenses and these facts bear repeating. a decade ago the sent

even commerce has picked up again. bit by bit. the city of mary uncle is returning to rule malady to see people on the street 3 almost 6 of again, 3 to play with the free for bringing food from surrounding areas. obviously there's a lot more that needs to be done to bring the city back to what it was. good as you can hear there's, there's no more need for body on my helmet. him gone exclusive. the city of murray, who is slowly reviving markets have sprung up throughout may are where activity is greatest. hundreds upon hundreds of people can be found browsing, stalls, or bartering up so of origin is the situation. the city has already become better. fewer gunshots can be heard, but it is still scary to live on the upper floors because you can hear those gunshots more clearly during the night. in the daytime it's com. i have to tell you, it is in comparable now to what was happening 10 days ago. no one is again, you know, of houses, residential buildings. they're the main problem at the moment. i'm living in a basement for the 2nd m

group known for burden. crohn's gets permission to stage demonstration with broadcasting live direct commerce studios in moscow. this is our international. i'm john thomas. certainly glad to have you with us are now joint russian, and daniel forces are approaching victory in the port city of mario pl. this is, according to the moscow's defense ministry. the area has been almost completely devastated by the fighting. now, a deadline given by moscow for the surrender of ukrainian fighters from the cities steel factory has now passed. russian officials claim a fuse fire regime was supposed to start on sunday morning to enable ukrainian forces to safely surrender, but they remain entrenched at the as of stall steel plants without sufficient food and ammunition supplies. but they are reportedly still pushed by their commanders to stand their ground. you can president zelinski said on sunday, the ukrainian military is ready to fight for 10 years. if moscow continues to force kia to give up territory, the steel plant remains the last stronghold of ukrainian nationalist forces in the battle for multi

we left the factory in vehicles commerce by fortune beginning the ukraine was good sword would. and then eventually i see they don't make right decisions that would end war. they didn't want to negotiate with steps that could help. and the war, like peacefully, it was like 1st time sitting reality. they looted from like supermarkets, like, were civilians need food like survive after like in circle meant. so they would take quick food from supermarkets, a they would stop civilians from going out to get water and is not just the boots of mercenaries and special forces that have been on the ground in ukraine. although not so much boots, but the polish shoes of the british prime minister, burst johnson himself stepped out on to the streets of historic he f. as he strode alongside, president zalinski last week, becoming the most senior western lead us so far to step foot in the war zone, bringing with him not just woods of support, but a pledge of yet more military aid. it was a visit designed to send out a clear message to the well that the u. k. is there to help what one ukrainian

the other example is e-commerce.e provide our creators with the tools to be able to sell merchandise on the platform as well. this is still a new part of our business but something people are very excited about. david: how do you make money? somebody goes on tiktok and they are making money for this restaurant in denver. how do you make money? shouzi: we make money primarily through advertising and also providing services like livestreaming and e-commerce to our users. we do have a service fee that we charge to provide those services. david: but if somebody uploads their video on tiktok, do they pay you a fee for that? shouzi: no. it is absolutely free. david: are there companies now that specialize in making people tiktok stars? i want people to watch me. maybe i can sell my services to an advertising company or some way? are there people that polish up people's tiktok presentations? shouzi: the way our platform works, and my advice to anyone who wants to be famous on our platform, is to just be themselves. what we