shell company. the company has never said how many people work for the shell company, but we do know that the ceo of bytedance and the ceo of tiktok are the same person. this is listed on the cayman islands registry. the ceo is the same person running the bytedance company in china. sen. portman: we will hear from tiktok later and based on the testimony we received an advanced, they are going to say they have not provided data to the chinese coming is party, even if the ccp requested data. they said they were not shared with them. again, does china need to make a request to access this data orders china have the capability to access it at will? mr. cain: i am not aware of the chinese government having the ability to simply open a computer and access it at will. it will happen through somebody in bytedance or tiktok. this has already been demonstrated -- has already been demonstrated. there was a buzzfeed report that revealed 20 leaked audio files in which tiktok employees said they had to go through

that's they know about these companies. there are too many enterprises offering to control the data and then silo, digest, and monetize it. i will tell you what, you know, we are sick of bob dylan companies. you know, the month of art looking to block you up, doc europe, rocky, lucky welcome analyze you, categorize you, finalize you, or advertise you. are you going to do, get baby, is make money with you. i took some liberties with the last line but this show is about making money not making friends. today was still one more day with the price of gasoline went down which means the oil companies were having a hard time making money. hey, but it's great for the stock market as long as the price of crude stays above 80, the dividends of these companies are so big that the oil stocks are hard to take down. at the very least, they don't get hard as you would expect bit more important, one of the things we want to see is gasoline coming down if you are the fad. they would be winning on that one. we also see the wrath of the u.s.

the massive burdens that have been placed not just on large companies, but also smaller companies is going to have major downstream impacts on the companies with whom they do business. and, i really want to zero in on the scope three emissions problem. the question, do you really think it is reasonable to ask companies to collects, analyze, reconcile, report on things that literally, whether the company car of an employee is a tesla or a pick up? that is, in essence, what the commission is doing when they expand the scope three roles and missions. >> so, senator, what we have right now in america is that we have hundreds of companies that are disclosing greenhouse gas emissions to the public. and, they are also including, not all of them, but many of them something around this scope. for the public listening, this is the downstream for your suppliers and the like. what we are trying to do is bring some semblance that standardization. what we have said is it is not a mandate. if you have a commitment, if you are publicly said the material. >> excuse me, so, it is not a mandate. so, th

that control some public companies, and some other companies. can you describe the main differences between the main markets and private markets when it comes to investor protection? >> we benefit in this country with vibrant -- risk in this agency, about those public companies and public access to the disclosures there is truthful and we protect against fraud manipulation. that is of course different if it is a private company, and not that my dad would've done this, but buying and selling the stock with his partners. >> i mean, again, i think that when the s cc came about, most of the private companies were relatively small, family-owned, and that is not the case today. it is financial. >> it's estimated by a tight public services and sources, about 1200 companies in the u.s. that are called unicorns, worth more than a billion dollars in total market values. it's about four trillion dollars. >> and the disclosure and investment protection for those companies are not at the same level of strength? >> it's interesting. it's not under the remit,

the consumer pack gaugaged goods company and the french fry potato company that hit a couple bucks from the lowest two-week high and this market, i'm using an example so we saw this from nike last night all that happens is the downside gets higher and the down goes higher that's what i expect will happen with both when they report thursday we get a report from the charitable trust situation i like very much but this market is treacherous this is constellation brands behind modela and corona mccormick reports they haven't done anything in ages and needs to figure a way to grow the business the latter will preannounce a nasty set of numbers and i got to tell you again when a company like mccormick announces a negative number, the earnings reinforce the bad number this is in the penalty box for three to six months. it a great company we have an analyst meeting with norwegian cruise line worth drilling down because chief rival carnival reported a terrible set of numbers this morning and crushed norwegian with the whole group of people like travel and services maybe that's coming to an end.

this is something we have seen a lot of these tech companies, especially advertising based tech companiesalk about over the last couple of quarters. there is inflation, there is war in europe, you see all of these things colliding and often times when there is a hint of a recession, the first budget that tends to go is the marketing budget. when you are making money from advertising, it can be cyclical with -- that is why we see a spike at the holidays. same thing. when there are reductions in market and spend because of things going on, companies usually feel it first. that has been a lot of the reasoning for why they are cutting back. ed: there is also the other strategy to go -- video. in a crowded field with tiktok and youtube, you and i have been discussing how the ad side of that business is tough. why? >> not only have you got tiktok, there is netflix, which is trying to get into ads. amazon has been doing well. clearly, this field is getting crowded. meta's problem is not only are they losing engagement, the time spent on meta, instagram and facebook is declining. even though thei

but also smaller companies is going to have major downstream impacts on the companies with whom they also do business. i really would to zero in on these go up three missions a problem. the question, do you really think it's reasonable to ask companies to collect, analyze, reconcile, report on things that literally whether the company employee is a tesla or a pickup? that is in essence with the commission is doing when it expanded with the scope three rules and omissions. greg senator, what we have right now in america is we have many companies. hundred center greenhouse gas emissions to the public. there including also, not all of them but many around scope three. this is the downstream are your suppliers. and so what we are trying to do is bring some semblance do that. standardization. we have said is not a mandate. if you have a commitment. >> the rule would give the company's leeway. whether they expand to scope three or not. >> is only a proposal per the adoption sills not happen. i mandate on scope one and scope two. we took in a different approach for scope three. the company

i'm talk to the company's top brass. so tastay with cramer >> announcer: don't miss a second of "mad money." followed @jimcramer on twitter have a question? tweet cramer #madtweets send jim an e-mail to madmoney@cnbc.com. or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. ♪ ♪ ♪ ♪ ♪ ♪ (vo) some bonds last a lifetime. ♪ ♪ some bonds inspire confidence, and some you grow to rely on. these are the bonds worth investing in. for over 50 years, pimco has reinvented fixed income to create opportunities for investors in every market environment. so, no matter what happens you can build the bonds that mean the most to you. pimco, a global leader in active fixed income. i've always loved building things. not just structures and skyscrapers, but teams who make it all possible. after all... we wouldn't be where we are today without them. so we made sure that like these buildings... their futures may also stand the test of time. ♪ ♪ ♪ ♪ our internet isn't ideal... my dad made the brilliant move to get us t-m

it could well be in some companies, i don't know exxon, some companies as much as 90%.senator warren: you're close on that last number. according to a global analysis, about 88% of the emissions of those fossil fuel companies like exxon are scope three emissions. so in other words, oil and gas companies have scope three emissions that on average as you say, about 90%. >> we're going to leave this here to keep our over 40 year commitment to live coverage of congress. watch more on our free c-span video app, c-span now. the house is about to gavel in, members will vote on additional protections for whistleblowers and a bill making changes to u.s.sen es us is bureau operations including the -- limiting the reasons the president could fire the director. now live to the house floor. [captions copyright national cable satellite corp. 2022] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] the speaker pro tempore: the house will be in order. the chair lays before the house a communication fr

companies. we have to make sure industries and agencies are prepared for risks as more americans based climate catastrophes every year. we need to ensure that insurance watchdogs are prepared. in the aftermath of disasters, we have -- leaving families and businesses struggling to find affordable coverage as they work to rebuild their lives. we know the industry is along -- has a long history of racial discrimination and many other industries. black and brown families make -- have more difficulty in getting insurance. the new york times reported that the customer insurance agencies and employees sued state farm and eight discrimination in the workplace -- in discrimination in the workplace. they requested information about large life in pnc insurance involvement. i am glad they are working on this and the naic is investigating. i look forward to reviewing fio's report. i hope it will shed more light on racial equity. later this year, the international association of insurance supervisors will nee

great companies at good prices but going to be great companies at great prices.arter or two does that assume the fed is done hiking and pausing >> yeah. i would say these are companies great prices at rich prices. they're great companies at rich prices a year ago. great prices and good prices today. all executed very well but are going to be, my opinion, great companies at better prices in the future a couple of dynamics going on. you reference the interest rates, but also look at, are they able to out-perform the expectations i mean, all of these companies have been basically beating and raising consistently and trying to now guide more cautiously into the next couple of quarters i think those quarters are going to be tougher. i mean, the indications i'm seeing, that q3 will be quite a tough quarter and the challenges you might be able to meet your revenue numbers, but it's your bookings or billings that are going to be the pressure got tension between wanting to invest in the future hire the sales capacity to keep selling but need to get more sales productivity

companies have a lot of resources.ve some of the best and most exciting companies in the country. these companies need to be supporting our local public schools and also our local public hospitals. public parks as well. we just opened a massive $100 million public park. you know my wife is the chairman of it. it is incredible. these are the things that ceos should have their minds on. they should bring all stakeholders together. >> that was marc benioff. you can watch the full interview at bloomberg.com or on youtube. coming up, we have seen an exodus of executives. -- executives at crypto firms. more on that next, this is bloomberg. ♪ >> a number of cryptocurrencies including bitcoin are lingering year to year those. all of this as the fed takes a toll on risky assets. how are you? >> i am so great. being onset. i thought you were a deepfake for the longest time. >> it has been a long week. and digital assets did not escape the volatility we saw across financial markets. >> bitcoin outperformed traditional stocks a li

what a terrific company.er the br break. >>> coming up, cruise into the future, a gm subsidiary is hitting the road to progress, next if you wake up thinking about the market and want to make the right moves fast... get decision tech from fidelity. [ cellphone vibrates ] you'll get proactive alerts for market events before they happen... and insights on every buy and sell decision. with zero-commission online u.s. stock and etf trades. for smarter trading decisions, get decision tech from fidelity. power e*trade's easy-to-use tools like dynamic charting and risk-reward analysis help make trading feel effortless and its customizable scans with social sentiment help you find and unlock opportunities in the market with powerful, easy-to-use tools power e*trade makes complex trading easier react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity >>> i love coming here to san francisco because it's a chance to tech in w

owner of a company. so they use click-through ads to gain access to platform user data, including china, including other adversaries, and including places where twitter is block and they are finding ways to evade the tracking and to get into these networks. in your experience, is this a typical black this -- typical practice that happens at the global platforms? peiter: click-through ads to expose a risk non-click-through as do not. if you can get an -- get a user to click through, you would get the information i was describing, ip address, browser, from the ip address you could determine their geolocation or whether they were using a vpn or not if that is allowed in your country and you could interrogate that person's computer or get them to provide more information, maybe that they do not know they are providing directly to you thinking it is there an ad on a service. sen. blackburn: could this be remedied in any way -- and senator klobuchar talked about this, the national privacy standard. if we had a

and i think the street is not expecting the growth in that company what do you think of the companyhe kind of company i like it's one that will bounce back i'll give you a buy, buy, buy. tennessee, second one. jody in pennsylvania, jody >> caller: jim, hey, jim, this is jody myers -- >> yeah! >> caller: hey -- >> of course, it is. >> caller: hey, jim, tell me gray batteries. >> okay. so we have too much money going to lithium batteries but at least you called me with one that i think is actually reasonably valued so i'll give you the high sign on that one. the shoe capital which is why they actually went south into the north to get their shoes peggy -- it's true peggy in new jersey, peggy >> caller: boo-yah jim from north new jersey. ford, will it ever get above like 15 or -- >> peggy, i'm feeling a little like kate may here i do like ford i think i'm a buyer of ford. my travel trust owns it and i think it's a buy it will get to 15 some day walter in illinois, walter >> caller: jim cramer, huge fan of the show. thank you for everything appreciate everything. hey -- >> right back at

companies are deciding to pull back cyber? is going to be difficult for companies to pull back cyber. they may delay, and there might be more scrutiny's, but at the end of the day, there's too many drivers at the board level down. cyber is the number one risk boards are talking about. you combined that with some of the regulatory pressures like the sec coming out with guidance around disclosing breaches and disclosing if you had to pay ransom. at the end of the day, it is something that is going to be very difficult to make it a nice to have, it is a must-have for most companies. we will see how it plays out over time and i think we are in a great spot to consolidate a lot of spend an hour sector. emily: let's talk about your assessment of the threat landscape how concerned are you about china specifically upping the groundwork for launching more cyber attacks against the west given rising tensions with taiwan? >> you always have to be concerned about china, and other nationstates. china is prolific in its attacks. it has grea

some companies will go out of the money.ll become ubiquitous is climate action good for the business. emily: can you give us an example of where your technology hub led to a business making a decision that was really consequential? >> absolutely. where businesses often focus early and where watershed directs companies is clean energy purchasing for the company and over time for their suppliers as well. where there is public case studies of companies who by investing in first clean energy for their own scope two carbon footprint and second, investing in energy purchasing for tier one supply purchases like the manufacturers they work with directly. they can both reduce the carbon footprint which for most companies is almost entirely from a supply chain. people can think of corporate climate like the light bulbs. it is so much like supply, manufacturing, heavy industry, heavy materials. we redirect companies to the supply chain to clean energy investment first and looking for suppliers with alternate agricultural or industrial

need to keep company information. transparency is necessary but not sufficient. until we change the fact that user attention and profits are what companies care about above all else all the data sharing in the world will not address the problem. policy and legal experts have previously testified before the committee on ways that incentives could be changed. incentives matter. companies behave differently when they care about the quality of content. for example, having inappropriate ads to materially harm financial performance so most advertising systems place ad copy removal as a step that has to occur before the new ad ever makes its way to users. user generated content is able to go live instantly. incentives shape company's algorithms. tiktok feed young people in china a diet of educational science and math content via their recommendation algorithm. it enforces a daily usage limit. contrast this how u.s. companies optimize their engagement and revenue at any cost. any suggestion for a more useful transparency will

emily: what is your advice to portfolio companies right now?otentially we are in a long downturn, a lot of uncertainty ahead. moving out of an era where there was a lot of money flooding in. now, investors want to see real numbers. sheila: it's a chance to go back to the meeting. as we look at portfolio companies, founders that think about things for the long term, founders that have a sense of cash burn rates and maintaining the runway, but also have a sense of competition. realizing that they are in a moment to be aggressive. think about ways to push themselves, business and products forward in a difficult environment. you see many of the best founders able to put that hat on. but the hat on that says my idea is the best idea. my competition is showing the signs of weakness, this is my time to shine. emily: where are you placing your bets in terms of where we think we will be next year? sheila: we look at it as a more stable time. we see -- we invest over many -- you will see a slow and steady investing in a year from now. we will be very foc

among those foreign companies that still remain in russia, 40% have expressed their readiness to exit. andrii onoprienko from the kyiv school of economics and ethics points out that the trend is those companies that there they expected, they couldn't finally make a decision , we see more and more cases that these decisions are finally made earlier months of the war has passed, and it's already legal exit yes, i will not just declare and recognize the year, we see that the main wave of business exit is already happening, technological energy companies, professional consulting services for which corporate social responsibility is generally important, they exited companies from those countries that do not necessarily support ukraine, such as china and india are still there in russia, but the majority has already left and this is equal to 40% of russian gdp, the exit of the company hurts the russian economy, economists say, if we talk in terms of money, then there is a total of more than 25 billion foreign exchange earnings there adheres to ukraine, the aggressor, if we talk about personn

some public companies, some other companies. can you describe the main difference between the public markets and private markets when it comes to investor protection? >> we benefit in this country, a vibrant capital market, public markets and private markets. my dad never had a company that was caught up in your bill. but he had a small business with 30 employees. i think that's very helpful. there's a difference in disclosure and a difference, as you said an investor protection. because congress gave this agency a remit about those public companies and to protect against the disclosures there, it's truthful, we protect against fraud manipulation. that's of course different if it's a private company. not that my dad would've done this. he was buying and selling stock with his partners. >> again, i think in the, when the sec came about, most of the private companies, relatively small, family owned. that's not the case today. >> it's estimated by outside public service sources there's about 1200 companies in the u.s. that are what

shares of chinese tech companies. -- index down 2.6%.we talk about why do we keep going on about interest rates? why every day do i stand in front of you and say rates are projected to do this? higher rates discount to the present value of future profit. for a lot of tech companies including meme stocks and not profits, they haven't got profit anyway, they are trading at high multiples. that would narrow the market. an interesting part of the market wednesday was aerospace and defense. you heard president putin talking about mobilizing troops and annexation of certain parts of ukraine. that were ongoing. at first, -- stocks had been higher. post fed. there gains to be a decline of 9%. breaking headlines in the last few minutes, one of the companies you and i discussed more often is up more than 3%. the company saying it has a four year revenue target of $50 billion. why does that matter? to give you context, salesforce had revenue of around $35 billion. as part of their investor day presentation in the bay area, san francisco, they have

companies are buying back stock. you have no companies issuing stock as an i.p.o. it would be time to buy a salesforce if salesforce says good things this week. i'd rather do that i don't care about how the window open, i care if everybody comes in, wants to buy existing stock you'll be grlad you have these positions. >> jim, it's always great to have you on set. >> i love your show. i stop and watch it, it's so good. >> we love to hear that. we hope you come back this week. we'll watch dream force. >>> still to come, the analyst behind the upgrade of netflix joins the show. >>> is it time to double down on growth we'll ask the ceo of one software companynd s aee why he says yes "techcheck" is just getting started. - yieldstreet presents: alternative investing with kal penn and older kal penn. - oh, the stock market is doing that fun thing again. - hey news from the future, you're going to live through that about 10 more times. (laughs) - oh, it's no stress. i just discovered yieldstreet. they vet investments that don't ride the stock market rollercoaster. - ooh. i

a positive effect on the capitalization of the company, i.e. the reputation of the company that doesrtheless increase in the value of the shares and securities of these companies on the world stock markets , more than a thousand foreign companies have already left the russian market, but some remain for various reasons. proposals and they say, for example, that we are reducing the financing of research and development in russia, but they continue to work there, or they say that we are winding down their activities and continue to work simply somewhere possibly unprofitable, they close their points of sale in russia, but in fact it remains on the russian market, why are these campaigns, which are also could have kept their reputation, but they decided to risk it, that it's all for the sake of money, for the sake of something crocs shoe manufacturer if you have crocs, i advise well, if you've already bought them, then wear new ones, but don't buy them because, er, the crocs shoe manufacturer still hasn't left or even returned to the russian market , for example. what about these compan

if he succeeds in court in october, he sold the company to someone who doesn't want the company.ven if he settles, the company has been through the ringer and will probably get sued by shareholders. it's going to be a tough situation for the board and for bret taylor. emily: really interesting profile you did. bret taylor. you can read more of brody's story on bloomberg.com. we'll hear from a top executive from amazon and a downturn from another side of the world. this is bloomberg. ♪ emily: let's take the temperature of an e-commerce company and a fintech landscape in latin america with pedro arnt he is the ceo of mercadolibre, one of latin america's largest companies. thank you so much for joining us. mercado libre is referred to as the amazon of latin america. i'm curious of your outlook, given the economy, record inflation, how is that impacting your outlook and your customers? >> hey, emily, thanks for having me. a similar situation to inflation across the region as the u.s. two contrasting elements are, first of all, latin america is historically a region with higher inflat

coming up, southeast asia, ride-hailing company, our conversation with the company cfo about reachingy by 2024, next. this is bloomberg. ♪ ed: southeast asia ridesharing and delivery giant grab expressed -- express revenue to rise sharply in 2024, speeding up to revert years of losses. the company will focus on expanding its new areas, such as grocery, banking and advertising. i caught up with the cfo peter oey, to discuss. >> we have this marketplace for credit efficiency and monetary at the same time. part of serving our merchants, we have over 4 million merchants on our platform, whether they are small businesses, medium-size businesses are franchise restaurants food service is on our platform. how do we serve them better? advertising is one of those elements we can serve them better. we have a lot of data on our merchants. we have a lot of data on our consumers, how'd he put those two together? -- howdy put those two together? we see early wins on advertising, we continue to expand on that, developed technology behind that. we feel very strongly that advertising, as part of our fu

if he succeeds in court in october, he sold the company to someone who doesn't want the company.ven if he settles, the company has been through the ringer and will probably get sued by shareholders. it's going to be a tough situation for the board and for bret taylor. emily: really interesting profile you did. bret taylor. you can read more of brody's story on bloomberg.com. we'll hear from a top executive from amazon and a downturn from another side of the world. this is bloomberg. ♪ [drone speaking] technology lets drones deliver pizza. no,no,no! have a nice day. but to deliver powerful insights that are on target you need more than technology. you need cdw. we can help transform and manage your it environment with a dell technology solution, so you can use your data to innovate. wooh pizza is here! i'm still gonna eat it. me too. tip please. dell technologies makes data driven insights possible. cdw makes it powerful. emily: let's take the temperature of an e-commerce company and a fintech landscape in latin america with pedro arnt he is the ceo of mercadolibre, one of latin a

goals i was kerpbtd the company -- concerned the company would not be able to hit. not too many months after that there was an internal value creation award presented to me offering $10 million if we tripled these growth goals. i raised concerns saying i don't know how we can do that unless we entirely cut corners everywhere. i do not like this incentive structure. how are we going to be able to devote resources to the basics such as fixing security patching, getting the systems up to date, building a development and testing environment for all of the -- chair osive: how is the growth incentive hostile to something like pushing software updates to employee devices? given as i understand it a fundamental security practice, a basic cyber hygiene practice, why were you unable to implement a change like that base line hygiene practice where you want all employee devices to be updated to the latest version? mr. zatko: i brought that up numerous times. i was repeatedly told that 92% of the systems had security software. i kept asking what is the security software reportin

george: grinder is an amazing company --grindr is an amazing company.ns are challenging in the automobile business, but the margins on grindr are amazing. more importantly, it is an awesome mission. if you are serving a community that is underserved, they can use this product in a dramatic way to connect. and that mission to me is virtual and will be a credit to it. grindr has been around for a long time, since 2009. people have used it the same way for a long time, but the features allow it to be expanded to be about dating and then other ways, and my role as the ceo is going to be to continue to nurture this incredible product in the community it serves in the best way it can. emily: how can we learn more about how grindr is used globally? there is one impression that it is just a data gap, but it is much more. george: there are many other things people use it for. travel, and it is organic, grindr facilitates travel, but talking to people about where they can stay come up what they can go to go out to dinner and have fun. in an organic way, people us

so the company certainly helps it'll work. but i'd say it's hard to tell at the moment because of the economic uncertainty in the economy. the company is trying to trim the fat if you will get rid of some of the hardware. it's been working on like augmented reality glasses, some drones, but also some things that were under it like games and other apps. but we have to remind ourselves where did this boom time. com in the past 2 years for the tech sector that came from the fed, putting a lot of money into the economy, a lot of cheap money, and now we are seeing opposite interest rate high the contraction of the economy to tame inflation. and this is certainly going to hurt snaps prospects, and you'll be hard pressed to find, i believe that level of growth in the near future. it is such a competitive market. teddy australia, thanks so much. now to some of the other global business stories making news. microsoft announced it will create 36000 new jobs and to tar by building a cloud data center, the technology giant hope's the move

whether theirsatellite companies or whether they are software companies , those are three things thatontinuing to be mainstream. >> what about my quantum computing or quantum cryptography or anything like that ? >> for me, quantum computing obviously is poses a risk to public encryption which underpins all our key medications, internet and transactions so that is a real risk and we're seeing because of that, we're seeing adversaries do what's called view now," later. my data has a half-life of so many years and the longer that half-life the more it is and i'm betting my team will getthere but as a growth investor , solutions that involve quantum resistance encryption or don't agility so you can swap things out it's just too early for our companies but there's not commercially available companies i as an investor can put money in . >> realistic the private sector alone can carry the burden on this potential common. >> i agree withthat, this is an examplewhere you can have a market failure . the venture community , it's too hard and too early to step up with conviction. in terms of a tr

this can be done through the company's website. at the same time, you will need a passport and, in most cases, an account for public services, if you register and are familiar to you with a bank that already has your copies of documents. anyway, be sure to check the list, if you decide to personally come to the department, then you need to take it with you. you can find out the passport and individual taxpayer number, either on the website of public services or look at the certificate of pension insurance snils small green card usually the whole procedure from concluding a brokerage agreement and opening an account for trading in the application takes no more than half an hour, you can deposit money and start investing. so, most importantly, each citizen can have one individual investment account. it can be opened with any broker or management company and in many banks for this choice. it is necessary to approach responsibly to study the commissions and tariffs to evaluate the convenience of work , there are still questions. do you

has a positive effect on the capitalization of the company, i.e. the reputation of the company thatnot actually support the economy of the aggressor country will surely be transformed. perhaps it will be big. but nevertheless, the increase in the value of the shares and securities of these companies on the world stock markets. well , more than a thousand foreign companies have already left the russian market, but some remain for various reasons and suggestions. but they say, for example, that we are cutting investment funding in russia but continue to work there, or say that we we are winding down our activities and continuing to work simply somewhere possibly unprofitable, they close their points of sale in russia, but in fact it remains on the russian market, why are these campaigns that could also preserve their reputation, but they decided to risk it, that this is all for the sake of money, for the sake of something crocs shoe manufacturer if in i advise you to have crocs. well, if you have already bought them, then wear them, but do not buy new ones, because the manufacturer of

they say as consumers would pick a company or a company with a competitive advantage.ustomer experiences is better the final thing to note across the political divide, people are very, very insistent on this americans are saying anywhere from the mid-70s to low 90s. this is an important issue that should be prioritized. despite the conversation of the divided america, this is a consistent issue to pay attention to >> would we have thought it traditionally to be a divisive issue? it is a topic that one can understand across the political divide that people should be paid enough to survive >> it's true yet, we do talk a lot in the broad sense of how americans are decivided on every issue. talking about a minimum wage or something else i think more importantly, companies are navigating a lot we know from supply chain disruption to how to respond to climate and how to respond to worker demand and consumer demand this topic in particular shows a way forward for companies that are looking at how to navigate it prioritizing and talking about that prioritization of workers fro

if you can do that, you will be a healthy company in the public market we're advising our companies to consider that path, if they can. having said that, there's a thousand uniforms. i don't expect all of them to perform. >> a few less, though, than we've seen over the last few years. dharmesh, we hope you come back again. >> thank you so much >>> dow is down 430 points nasdaq off a little less than 3% as employers return for a push to the office and workers push for flexibility. there's a new cfo survey frank holland has those results. >> return to office means different things to different companies. a third of our cfos say, employees get to choose when they work in the office, if at all. they can stay 100% remote if they choose to the policies of the s&p 500 companies are bearing quite a bit. workers have to be in on specific days, one quarter say but less than five more than a quarter say workers get to choose the days they come in but less than five. a small percentage, only 5% mandate a five-day workweek in the office flexibility has been a major factor when it comes to finding t

i moved him up slowly in the company. i think we have a fantastic leader of the company.e to understand, these are big jobs. i know these ceos, i take my shirt off, i am just skin and bones. there is no s. emily: how long will you be doing this co-ceo thing? >> so far, it seems to be working. as long as they want me to do it. emily: you just got -- you are giving a large education grant. i interviewed you. >> you were very skeptical. you said there's no way you're going to do it for 10 years. emily: we're giving over 100 million dollars for safe this go and oakland public schools. exiting the pandemic they are getting another $25 million. it is set to go in perpetuity. it's very exciting. emily: if the government doing enough? >> our public education system has to be at the top of every leaders mind. you are the business leader or at the other part of your organization, you need to go down to your local public school three blocks away from your house. knock on the door, introduce yourself to the principal and say how can i help. i helped with a playground, we installed te

companies, even companies all over the world said, "we agree with marc. also going to disinvest." and mike pence called me and said, "well, what are we going to do?" and i'm like, "i think we're going to have to issue rolling economic sanctions against the state of indiana." [laughter] and he's like, "well, what does that mean?" i'm like, "i don't know, but i think it's gonna be bad." and he's like, "well, what should we do?" i'm like, "why don't we just resolve this? you know, we know each other. this is not that hard." and, in fact, i sent two of my employees to his office. and within a couple days, it was worked out. he changed the law, and it was all behind us. and by the way, i think that's how it should work anyway. you know, it was very easy. [applause] david: now, you did a similar thing not long ago when, in san francisco, there was a tax that was proposed to help pay for homelessness, which is a big problem in san francisco. most ceos in the tech world said, this was crazy. "we're against it." you said you're supporting it, and you lobbied for i