in 1979, the legislator allowed state companies and in 1400 knowledge-based companies to use a legal representative, a position that the private sector was still deprived of. the public sector can have a legal representative. the private sector does not qualify for this. this is really dark. what is the logic of this? i say that the private sector supports the private sector, but practically there is no support for the private sector. with the approval of the production financing plan, this discrimination finally disappeared. the legal commission also has a positive opinion about this proposal. start of voting. was approved. according to statistics, more than 90% of companies the economy of the country is small and medium enterprises or smes. now, with the promulgation of this law, these companies can sue at a lower cost. pursue your rights. mehdi javadiar of sed and sima news agency. according to the forecast of the meteorological organization, the rainy system is active in the west, southwest, center and south regions of the country today. due to the intensity of the rains, an oran

not just a company like salesforce, but many companies. on improving our cash flow margins. look at those numbers, jim. >> the stock is at 230 -- >> i would stand there and i can't control the stock price, but i can control my buying. >> yes, and that is what we're going to focus on our customer success and the great companies like fedex or air india. you know, crowd strike or paycheck is another story that we completely transformed the company this year. and the technology that's happening right now is awesome. for ceos, our opportunity is to go in and continue to show them the incredible opportunities that are on hand and deliver that and show them what they can do in this incredible new world that we're all in now. >> what did happen to enterprise software that we decided it doesn't have the -- let's say it doesn't have the moxy that engineering software does right now? >> well, i don't think that's it at all, jim. i've said it a number of times over the last few quarters. i think it's a little bit hard to understand, you know, we went

anonymous shell companies. with that, i turn it over to co- chair grassley. >> i want to thank you for mentioning our work on this very recent legislation we can get more cooperation in the united states senate so i wouldn't have people at the back of my town meetings yelling out, how come you guys can't ever get along? i tried to explain to them that we can get along. >> congress often talks about how criminals use shell companies to launder money. the corporate transparency act is an important part of that conversation. but it's only a part of the equation. criminals also use shell companies and muddled corporate structures to secure the tools of the drug trade. today, i'd like to focus on one particularly troubling example. the u.s. registered planes are used and are a critical tool i the cartels to move drugs. before speaking further, i want to show you a brief video of the cartels using these planes to cause chaos, and then i will carry on. so let's see the video if we can. i hope this is not an example th

here's another one looking at a at a company town and the company the company store also being a critical point of of tension with in company towns themselves. does anybody why anybody care to explain or have an idea of why? yes, very bad. i believe you said it was common. they didn't actually pay with actual currency. they use a company currency, kind of a fake money they could only spend in the company town at their source. yeah, right. so they there was company money, right. in this case it was, you know, stone mountain stole stone mountain corp or asian company money or otherwise, you know, by the popular name scrip sca or ip, what scrip is is know essentially it is money that the companies printed themselves is what they paid their workers in and it's what their workers then in turn used to purchase things them even pay their rent and pay their mortgages right in this company scrip, it was scrip being that it's company money that it can't be used elsewhere. right. you can't take that money and go over to to the next town or go to charleston, west and pay right in stone mountain dolla

we have a new company asking for it. it is not sanctioned or listed but can you tell us more about it. we have through that method of preemption identified companies based in china that have been diverting components of millions of dollars of components to sanctioned companies in russia, and the result is that last friday that specific company has been sanctioned. this work between civil society working in the field and the manufacturers and the government can have very strong effects. sen. hassan: thank you very much and thank you for your indulgence. chair blumenthal: chair blumenthal: thank you for making the point that this kind of inquiry and the more effective enforcement of sanctions is no substitute for the kind of military and humanitarian assistance contained in the supplemental. and we want to degrade the russian military capability, but at the same time we need to enhance ukraine's capability. provide it with a long-range artillery that is so important to destroying command centers and the munitions storage d

or fintec companies. and the point about digital payment firms having to abide by the same laws electronic funds transfer act and not in the same way that banks do with respect to supervision, i think, really accentuates a divide between banks and nonbanks or shadow banks and banks, which remains an issue, even after the 2008 crisis. i think we saw this most significantly in the run-up to that crisis where banks chartered institutions were subject to one set of rules and nonbanks, which was largely the engine of subprime lending were not and i think it's worth saying what i mean by not subject to the same set of rules and it's really along two dimensions, first, they don't have the same sort of safety and soundness requirements that banks have. the result is that their business models can be used-- can come in a form that requires very view reserves, also, very thin margins, which makes them vulnerable to shock, which in turn can trickle down to consumer harm. and then supervision being the other side of

the company.k: if you look at the prior quarter, they raised their revenue, expectations were not so hot, and then apple revealed iphone sales for the previous quarter last week and you saw the iphone come in $5 billion down on a year-over-year basis. but let me get to the june quarter, the current window we are in. apple said it expects to grow low single-digit, so growing for the -- single digits, so growing for the first time in a while. it seems to align with that given that they assemble a vast majority of iphones via foxconn. it is also development and manufacturing of ai servers for various companies. however, i don't believe the ai servers that foxconn is building are connected to apples ai announcement coming in june. for all intents and purposes, the ai from apple be on device at least from the get-go and probably using third-party infrastructure, not something they are creating on their own, but one day i expect apple to move to its own. caroline: interesting. therefore, talk to us abou

the company is only $6.8 billion company.g the repurchasing with the leverage americaning that they paid $350 million for the stock they repurchased this past quarter. much of the conference call is devoted to the auto industry and previously used cars obviously some chatter about interest rates are high as usual. but the most enlightening question came from john murphy who noted, quote, your stock is incredibly inexpensive and then he went on to say that he was curious about, quote, how the decisions are getting made on sort of the speed and race of the buyback, which everyone was thinking the answer murphy got was pretty matter of fact it's why buybacks don't get the attention they should. autonation said they have plan in place and that use as grid, and the grid kicked in that caused them to buy a lot of stock. instead they emphasize that they're circumscribed by what they can do because of the law buybacks need to be automatic. in the end, the cfo explained that, quote, our opportunities were somewhat limited, but it does

. >> so many companies with big moves.e're beefing up the three stock lunch. >>> first, a check on these markets, though, the dow is up 0.6% lee munson thinking 5400 is next for the s&p 500. >>> take a look at shares of sinclair sources are telling cnbc that the media company is looking to sell more than 30% of its 185 owned or operated -- o & o broadcast stations, those shares up nearly 15%. >>> we're carefully watching consumers. several food companies reporting results. cheesecake factory beat on earnings krispy kreme's heart-shaped doughnuts was the bigger day of selling. >> i have to admit, since they are started selling in grocery stores, my waistline has increased. >>> this new ad for its brand-new i pads, it shows musical instrument, lit wally getting crushed, seemingly showing you can do all of those things on a new slimmer, thinner ipad, but many are saying that the i up and down and apple are crushing something else, and that is -- humanity. steve kovach is here with the story. this is kind of polarizing, mostly

some potential companies would be able to afford it are meta or google put those two companies already have major social media platforms. instagram, facebook, meta and youtube for google. that could run into some monopoly concerns for too much social media in the hands of one parent company. some other companies might be able to come in and purchase the app. microsoft has been floated. no one has come out and said were interested in buying the app yet. stu and whoever decides it's an american company or another country what scrutiny would go by the federal government to release to interested buyer? it's it might run into antitrust issues with the department of justice or the ftc. but it will definitely be better then he chinese based company of regulators in washington. so e we went early on former president trump treasury secretary expressed interest possibly and gather a collection of people to buy appraisal of the scholarly work? i don't think it's gone anywhere. as a blitz of the new cycle and i've not heard from edne again t who knows maybe we'll pop back up. she heard from the ce

now we have a validation company that is owned by a group of banks and insurance companies, but we cane many other validation companies that basically may not even use bank data for validation, even if we ask for more . for example, here are some examples. let's take a look at the information of people's mobile phone calls , there are companies in some countries. they rank the people, for example, this information of your contacts shows which class you belong to. we are interacting with you, so i want to tell you that our mind is not only on the financial space , the validation category is very broad, then there will be no privacy issue. ah, that side is actually the issue of the security of this information. this information is for production purposes only. in fact, it is the credit rating of people, and beyond that , there are a number of very heavy punishments for him in the law, and the establishment of a credit database in the central bank also ensures the security of information , while this whole process is in the framework of the law known as the continuous law of the law of da

nunnally other companies but policymakers, -- not only other companies but policymakers.e reducing the gap between the most powerful companies and the rest of the world and that is what creates a sustainable balanced future. ed: it is a conversation we are going to have all day long. you point out that open-source allows more groups to go to work on it. the problem is as we are learning the tens of billions of dollars it takes to train models with tens or hundreds of parameters and then you go lower down and now what we are hearing is that folks who are doing this are running out of cash. are you seeing that as well? clement: you can use that which has been very costly and use a small amount. there are only one million models trained by companies and a lot of these companies are very small and do not have big budgets. today every single company has to build their own ai otherwise they run the risk of being left behind. that is what we are seeing. one interesting point is that we will need to find ai companies better business models. that is what you hinted at. something t

companies, many of which are u.s. companies, small and large. the good news is that more than two thirds of republicans and democrats secure more legislation of companies and we are heartened to see the recent re-emergence of an incredible bipartisan legislation for the privacy rights act. the next point i like to make is that a strong federal data regime would approach on notice and consent along. we know it would take people hundreds of hours to read all the privacy policies that they encounter in just a year and most americans -- even most privacy professionals -- sponsor this unfair burden by clicking on agree without reviewing those policies. this is that meaningful notice and it is not meaningful consent and is not clear that most is achievable in most of our online activities. data minimization is important because it shifts the responsibility to use only what the companies need to provide products and services. and i want to point out this is far from a new concept in law or corporate risk playbooks. so i think we can get the benefits wi

companies is plummeting.of the economy saying exit opportunities are critical to the promise of american innovation and neglecting them will be our collective detriment. we are pleased to welcome to the show now eric. as you write that out and now thinking about broadening out the conversation you articulate why it's bad for wannabe investors and for future growth and financial benefits to many, but why is this happening from your perspective? >> it's happening mostly due to regulations. that's the number one factor. the number two factor is these companies are choosing to stay private longer because is more private capital. it's a bit of a conundrum because this capital is expecting an exit at some point which is likely to be the public markets. so we used to have 8000 public companies in the 90's. we are down to less than 4000. at this pace we will down to 2000 in another 20 years. 2000 is about the size of the stock exchange which went from 4000 to 2000. stock exchanges are shrinking not in terms of valuat

companies beware. companies don't really want to raise the prices like this either.hey know it will kill their results. it is a tough time for everybody. katie: it's a tough time. you touched on this. it is strange we are finding the pockets of strength. they are known for very expensive salads. you have fresh pet last week also managing to post up some big numbers even though they are known for extensive pet food. how do you wrap this all into a portfolio? how do you pick and choose your spots in this strange environment now? kim: first of all i have to say most people, even professionals like myself are really lousy about accurately predicting the short-term future. let's extend our timeline. there are things we know. people want to buy houses. millennials and the next generation want to grow up and have families. these things are going to happen. it is three to five years in the future or beyond. ai is going to be a thing but not play out immediately like everybody expects. you have to have patience in a longer timeline. that would serve all investors will. katie:

you have seen companies show a different willingness with some companies. feel it the ai industry is doing laps of hollywood. you reported in march openai were open to having similar conversations. who has the upper hand? is it the sellers of content in a position of power? >> it is a subject of some debate. on the one hand, you could argue the people who have the ai models have the upper hand because they tend to believe using a lot of this can be fair use could some believe they have already scraped a lot of information hollywood companies have. on the other hand, there is going to be a big debate over who controls things. there may even be a debate between the studio and the talent. there is some kerfuffle this week involving scarlett johansson and openai. i have seen credible people argue right now the companies have a decent amount of leverage because they have something these companies want and they might as well try to extract the most favorable terms while the ai models are still very nascent and not that powerful. ed: bloomberg's lucas shaw was ano

publicly-traded companies.d if on them. >>> all right, one of the most important court cases in u.s. history is now in the jury's hands, and they have questions at this hour. the jury in the criminal trial of former president donald trump is districting right now -- deliberates right now and just sent a note for a request on some testimony. we're going to head out to new york state supreme court to get more granularity on exactly what they would like to hear. >>> the dow 30 still in the red, but there is some green at the very top. we are looking at the heat map, and it's salesforce which, by the way, reports after the bell with, apple and amazon. just three names in the green right now for the blue chips. ♪ how ♪ things can transform. slipping out of balance into freefall. (the stock market is now down 23%). this is happening people. where there are so few certainties... (laughing) look around you. you deserve to know. as we navigate a future unknown. i'm glad i found stability amidst it all. gold. standing th

or consumer products company is a tech company. every company in the world is going to have to be using a.i. in some way. whether it's customer service or just make sure they're efficient in the way they're processing data. >> julia, thank you. >> great to be here. >>> speaking of a.i. and companies spending an enormous amount on it, meta's co-founder mark zuckerberg are turning 40 today. he's closing out a decade that's seen his company surge by $1 billion. robert frank has the numbers. >> good morning, david. along with his 40th birthday today, mark zuckerberg has some other big fours to celebrate today. he's added $40 billion to his net worth just this year. over $140 billion over the past decade. he is now, as of today, the fourth richest person in the world, just behind elon musk. he would likely be celebrating today on his new yacht that he bought for his birthday called "launch pad," coincidentally is about 400 feet long. private jet and yacht tracking say both are off the coast of panama today accompanied by his backup yach

there are not many events or- are not many events or opportunities for global companies or companiesat media is today, it is so disjointed. the olympic games remains, and the world cup, are the only events that bring people together and associated with unity, excellence, sportsmanship and these other kinds of brand attributes that every company wants to be associated with so it has a huge pulling power. lvmh has deep pockets. not surprisingly it will be investing in these games, taking place in paris? lilo. investing in these games, taking place in paris? no, not surprising _ taking place in paris? no, not surprising at _ taking place in paris? no, not surprising at all. _ taking place in paris? no, not surprising at all. paris - taking place in paris? no, not surprising at all. paris is - taking place in paris? no, not surprising at all. paris is one | surprising at all. paris is one of the most iconic cities on the planet and lvmh is one of the planet and lvmh is one of the most iconic companies and most iconic french companies, is a little surprised they were very, very involved i

, and helping start-up companies grow and develop entrepreneurship. the entrepreneur program that we help for entrepreneurs and self- employed people through products and equipment that it is produced by the scientific companies , the next issue is our next program, which is flourishing, which is in line with collective financing and helps the scientific companies to collect the liquidity of the financial resources they need from the people's funds , and it helps to provide financing. . scientific companies through people's micro-capitals, yes, and finally, the sponsor program, which uses the capacity of donors to help solve the country's social problems with the capacity of scientific companies, the specialists of a scientific company located in an industrial unit succeeded with the help of artificial intelligence. energy consumption in furnaces optimizing a refinery, enhancing safety and reducing emissions is one of the advantages of artificial intelligence processing in a planned manner. analyzing the burner data of the furnaces with the help of ar

tech company. when it comes to apple, one of the criticisms of the buyback is long-term shouldn't you be spending this on product development, something other than share buybacks? it sounds like if you shift how you are thinking about apple may be that is not a huge concern. nancy: i am not crazy about buybacks. i would like to see them invest in future innovation and return capital to shareholders because that is more reliable and see that dividend grow more than a penny a share, but it does put a floor under the price of the stock. what we heard from a separate ceo was we cannot invest for the future and be profitable. that is what we need to see from apple, innovation. tim cook has been at this for a long time. we were buying the stock in 2014 when everybody was saying it is just a handset company, but one of the things you know about tim cook is he is not a plasterer -- blusterer. he said, we have advantages that other firms do not. that is one of the other reasons the stock was rewarded. nancy

host: you talk about other companies. is there a sense of waiting in the wings should there be a band and they are waiting to fill the gap? guest: absolutely. i think it is 190 minutes i think that americans are spending on tiktok every day. that is definitely an opportunity for other apps to come in and take advantage. host: david is next from atlanta, independent line. caller: good morning. i have two questions. the first one is on national security. do you think the chinese government is actually gathering information on american citizens? do you actually think the chinese government would allow an american company to purchase tiktok? guest: to the first question whether the chinese government is actually gathering information on americans, in 2022 forbes did an investigation that showed american journalists were being spied on and tracked by the app. beyond that, we know that the app tracks our movements, videos we watch, for how long we watch them. we don't know whether or not the chinese government at this point is

this company needs to change hands. they'll ex it up and sell it to somebody else in three to five years. but i do like apollo and i like the bid better for shareholders and i like them as owners more, as well. >> laura martin, thank you very much. have a nice weekend, laura. >>> all right. berkshire hathaway is one of paramount's biggest share holders, and we'll hear from warren buffett himself tomorrow at the company's shareholder's meeting in omaha, nebraska. live coverage on cnbc.com begins at 9:30 a.m. eastern time, tomorrow. >>> coming up, we're looking at the under the radar but growing part of the american labor market. that's coming up ahead. do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. call coventry direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. our friend sold their policy to help pay their medical bills, and that got me

company.ares . there is risk. never tesla is in a hard spot are having a difficult time, there's always a risk to the rest of the galaxy. that's what you see a little bit of this year. tesla shares are down 30% and there is a key shareholder vote coming up june 13. at the same time elon musk is going on and working on his other companies and that's a big risk for tesla shareholders as well. he can always do other things and he has always had other projects and companies on his list of things he's doing. vonnie: you go through some of the key figures in his empire and they have jumped from -- they don't jump from company to company but they remain loyal. what would it take to change their loyalties? is there any risk of that for elon musk? >> sometimes executives leave. there is a long list of former tesla executives who are no longer at the company. we saw some key executives leave in mid april and tesla announced massive layoffs. not everyone stays forever but what you will see throughout his

i think you can't think of the company as an auto company you have to think it have as a technology companyoday we think that it's fully valued it's been a volatile ride. but we think this may be one of the companies that can break through on energy, can break through on a.i. and fsd, and so we're paying very close attention. if we start to see the adoption and conversion we think is possible, this will be a story like apple and services where services becomes an increasingly important part of their profit makeup >> you're an investor in bytedance. we had news with julia boorstin of this lawsuit by tiktok against the u.s. government. i read you the results of our youth poll here which suggests that 70% of those say the government should leave tiktok alone. how do you see this playing out? and, i mean, i'm sure you've run into steve mnuchin over at milken, too, by the way, on the network a short time ago, who has an interest in the future of this company as well >> i mean, let me start by saying this. i'm an american, an american patriot first. if i thought tiktok was sending data back to th

the second area is everything the company does to develop its employees and for its employees.rd direction is everything that the company does in terms of development, regions, cities of presence of social policy, social projects, and the fourth is as a business strategy, company strategy again correlates with the strategic plans of the country, the fifth direction is exactly everything that the company does to protect the environment and for issues related to ecology, for each of these areas the ministry of economy has determined a list of company reporting indicators, and we propose within the framework of the public standard capital. in fact, this is a declarative nature, voluntary, that is, it is not mandatory for business, it is not necessarily a requirement for entrepreneurs, companies that form this reporting within the framework. recommendations of the central bank and the ministry of economic development can simply submit the same reporting to the operator’s platform, which is the holder of this standard, where this reporting is checked, verified, how many points, for

china ev giant geely which backs zeekr will have 50% of the company voting power after the company ipos.e.c. is taking a closer look at statements made by boeing about the safety practices following the mid-air door blowout this year the probe is focusing if comments made by boeing or executives misled investors. s.e.c. reviews don't always lead to enforcement actions by the regulator, but they can lead to fines for companies or corporate officials. no comment from the s.e.c. or boeing. >>> target is planning to cut lgbtq merchandise from the stores during pride month this june according to bloomberg, the move comes after backlash hit sales of the retailer last year over similar issues the report adds the company still plans to offer assortment of merchandise online, but it is still reviewing which locations will carry which products, frank. >> silvana, thank you very much. have a great weekend >>> coming up here on "worldwide exchange," how younger investors are looking to cash in on the pr precious metal and the record run. >>> move over gold, sriracha is preparing for a third year o

it's something i wonder about with private companies who could be public companies.f the questions you are laying? george: we would like to see the macro improve to a certain degree, the obesity story obviously is self-fulfilling and we have a little bit more work to do on our side with that type of event but it's certainly something we could see in our future in the next years if the markets are up to that. katie: really appreciate your time today, appreciate this conversation. the ceo of t-rex. spiking -- curex. the ipo price is $24 for viking holdings. we will keep an eye on it. let's get a check on these markets. we will do that with abigail doolittle. abigail: this is really a piece we've been trying over the last few weeks, last high that we've had for the s&p 500 going back towards march at least at this point the s&p 500 down 4.2%, of the lows down a bit more. all of this ahead of today's fed decision, unlikely they make any sort of real move but investors and strategist will be scouring that policy statement along with the press conference for indications of

and one fop, where we understand that there are unambiguous signs of efficiency in these companies, contract was signed with them for 366 million, and with forest groups only for 100, that is, in fact, only 1/4 of all of the contracts was concluded with forest farms, and 3/4, that is, almost the entire amount was concluded exactly with these firms, and the explanation at the briefing, the explanation at this transparency council, that the forest farms did not have the opportunity in the appropriate volume and as quickly as it had to be done. er put this grass, and six firms that registered there for a few months, yes, and we already know, it's great, the whole country knows who their founders were, they had these opportunities and supplied this cattle, there are a lot of very questions here, unwillingly, i return to our favorite story, you know, about chickens eggs for her people, so bought within the boundaries of a separate ministry, well, we understand it like this, well, when it turned out that 17. hryvnias, well, it began to seem a little expensive, and here the key story is wh

and half ago ways a company which was an older company, had older legacy technologies. but i think it's very typical of many small to medium-sized organizations in our healthcare environment and, therefore, inevitably there's going to be a lot of work to be done to upgrade the standards. but it do agree with your assertion. >> well thank you. i'd like to move on to restoration and protection of patient information. your testimony indicates both pharmacy services and medical claims are now flowing at near-normal levels, is a packet? >> that's what i believe come a. >> on this is welcome news effects of the cyber attack continue from ongoing revenue backlogs unfolding details about exposed patient health and identity information. which functions remain off-line? and wind you expect when of% of change's system to be restored? >> thank you very much for the question. all of our core systems are now up and fully functional. that means pharmacy processing, claims payments, the systems which are not available are really ancillary support functions, so not not determinative of

the company will have a chance to respond with the chief legal officer saying that the company firmlyelieves the assets listed on the platform are not securities. let's discuss with ben bain. this is a wells notice. it's not enforcement action yet. does it become enforcement action? given what we have seen throughout the crypto community, does enforcement action mean that they will see charges ahead? ben: so yeah, that's right, robinhood has a chance to make its case for why the sec should not sue the company. that said, when a company receives a wells notice, it's a good indication that the staff is going to recommend the agency move ahead. when we take a step back to look at the crypto industry overall, it's just the latest firm to be sued -- potentially sued, i should say, nothing has happened yet, but it is under the latest threat to be sued either regulator. keep in mind the sec has already sued coinbase, binance, some of the biggest names in crypto. robinhood obviously is best known for being a stock trading platform. essentially how people think about it. zooming back a couple

companies that -- funds that invest in companies like an early stage like a series a round.as that might have been 5 or 10 years ago that might be sitting on a massive gain. so a lot of people might be using the second taker market or as we call it to sell stakes and realize gains. nd employees may have had stocks and vested shares that they got as part of their employment income. they typically often receive thinkses to buy shares in these companies as part of their income. and they may be sitting on the shares for quite some time and the companies are not going public for a long time. many cases ten years or longer. many may never go public. so they need a place to generate liquidity so they can buy a house or invest in their child's education. >> and you are seeing a lot more activity than last year. what is your conclusion, that even though we've seen decent ipos, that people aren't excited just yet that there will be a big wave? >> whether or not there is a huge deal of ipo activity, there is always going to be interest amongst employees an investors to get liquidity in

thank you so much for your company. the can you see is what old cars tires have to do with the production? here's a heads up, so the real media watch now on youtube. the day many have long warned about would begin with terrifying news. the china has invaded tie, want, experts are already confident of how china would receive taiwan, navy and air forces would be destroyed by bombing and tens of thousands of chinese soldiers would rush across the taiwan straits. china has made no secret of its ambitions. don't pretend that taiwan is not part of try to describe it as i think we can clearly see that states are linking up to redraw the world. matthew and boy, a rule between taiwan and china. it may seem very far away for germans, but the consequences for the country would be catastrophic because people asked me, yes, you need to have supply shortages and mass unemployment. and dick the market crash would hit both the economy is very hard shop. few countries have made themselves so dependent upon china doesn't stand with man.

but the company's rule went far beyond that. march 2022. shortly after the start of the sanctions. senior ports this email to a russian customer with options for obtaining a residence permit, or passport at short notice. the estimated cost from 7000 swiss francs for hungary to 150000 for the caribbean island of grenada. in plain language, the cost to circumvent such loyal associates. so loose that is it not sure that the sanctions do not apply? if a russian citizen is resident in switzerland and that should they or has another european citizenship? every social, separate the certificate demo, and this is one way of circumventing sanctions. i want to be managed to ensure that no more passports have been issued since the outbreak of the warranty supplies decided, relative with malta, also decided to stop all procedures, progression, and bella, russian citizens. but that's not enough. essentially, she thought we have to ask ourselves whether what was done in the past as a problem. you the limits whether it is appropriate to questio

company -- number three, companies quote-unquote larger participant in the consumer financial market, and the before, companies by cfpb as a potential risk to consumers. if unchecked that third category the larger participant category is sufficiently broad as to potential to expand the cfpb's jurisdiction dramatically over time. i fear we are seeing that with this rule today. one example of how this will expand cfpb's which hasn't gotten much discussion as it relates to merchants. cfpb is explicitly barred from supervising merchants pursuant to dodd-frank when they are selling nonfinancial goods. this is a common sense guardrail. cfpb is a financial regulator. they don't have supervisory authority over nonfinancial merchants in the country, and they shouldn't. however, i go this proposal takes the boundary and pushes it away. one piece of visual claims if at any time the merchant uses consumer payment information for something other than completing the transaction including for benign purposes like research, they go from selling a nonfinancial good to a financial one and are therefore

, but small public company. it came into the organization and very unfortunately this attack occurred in the early days. >> i'm going to take a different tact, this is a problem i had in state government as a state senator, as a physician provider in a role committee and that many people explain to me. what pbm's, when it comes to step therapy, switching of medications in which patients are compliant and do well, this is especially true for different providers, and the ultimate risk and cost to the healthcare system in trying to save a medication, having to revert back to a less expensive medication when you finally have compliance on the medication in a patient leading to increased hospitalization, er visits and back to the same medication that an insurance company changed, the pbm changed when a doctor had already prescribed a medication for which they are successful. will you work with us what you're doing on step therapy, changing and formularies, which is a tremendous problem and great cost to the healthcar

of work in these companies so we had to do months of work in the companies.nately we have a big team to help us do that. it ends up being a lot of companies spending a lot a lot of time on. haidi: we have had these conversations with you throughout the process and talked with you a lot about japan. are the conversations becoming more amicable? in dealing with these companies, especially new ones, is it becoming more of a two-way street? >> yes, much more so than ever before. they understand what we are talking about more than ever before. as it used to talk about it 10 years ago here they didn't understand what we were talking about but now the expectations are higher and it is more widespread and companies work with us faster than ever before and there is an acceleration in that engagement. annabelle: that was seth for sure they are on we have more to come on daybreak asia -- that was seth fisher there and we have more to come on daybreak asia. this is bloomberg. ♪ annabelle: we are 45 minutes into the session looking at how equities are performing at it is

well, china tech companies _ answered, steve. well, china tech companies have - answered, steve.ies have also - answered, steve. well, china tech companies have also on| answered, steve. well, china i tech companies have also on the ai bandwagon. do you see offerings like baidu — how do they stack up with leaders from they stack up with leaders from the us at the moment?- the us at the moment? well, i think nvidia — the us at the moment? well, i think nvidia are _ the us at the moment? well, i think nvidia are certainly - think nvidia are certainly still enjoying the fruits of that first—mover advantage, which we saw in the figures today. but investors aring looking on the periphery for other companies because they're other companies because they�* re seeing other companies because they're seeing nvidia's share price and, you know, homing they haven't missed the boat but looking for, you know, alternatives elsewhere, so i think there are a number of companies, for example the ones you mentioned in terms of china and else where where, so i think that what we're seeing is that we c

. because there were 40 ukrainian companies and 100 european companies, what were they talking about, how was the dialogue built, do european companies perceive us as potential partners, or for now only as a sales market for their products? look, the forum was divided into two key parts: the first, let's put it this way, is simpler, it is a political component, where representatives of the european union and some european associations spoke. ski officials, ukrainian companies and ground companies, this is, let's say, a component of the forum, where political statements were made and certain problematic points and ways to solve them were discussed. the other component, exactly what you are talking about, is precisely the business component, where there was an opportunity for ukrainian enterprises, ukrainian companies to communicate with european companies directly, and directly european companies also had the opportunity to communicate with us, because we are, in principle, bilateral. dialogue, meaning it didn't mean we were the only ones were the initiators of us communicating with th

company. services to a large us -based coman . ~ , , , company. and it is very good, this uk arm holdings. _ company. and it is very good, this uk arm holdings. ai _ company. and it is very good, this uk arm holdings. ai is _ company. and it is very good, this uk arm holdings. ai is so - company. and it is very good, this i uk arm holdings. ai is so important so with this kind of advantage, i think there is a very strong feature in the area of ai. we are used to hearing how bad being online can be for our mental health. but a new report from oxford university has found that the internet can actually increase our sense of wellbeing. it analysed data from two million people across 168 countries — and found that those who had access to the internet were more satisfied with life. the research though didn't specifically look into social media. professor andrew sha—bil—ski from the oxford internet institute told us more about the findings. well, it doesn't necessarily make you feel better. it's that people who have access kind of historically across the

and for this company, they sa it point. and for this company, they say it could _ point.his company, they say it could continue _ point. and for this company, they say it could continue until- point. and for this company, they say it could continue until the - point. and for this company, they j say it could continue until the end of year the but they will benefit from the higher prices. it feels a bit ironic that the boss is saying it could add to global inflation but the company itself will do pretty well out of it. if the company itself will do pretty well out of it.— the company itself will do pretty well out of it. if you actually look at the container _ well out of it. if you actually look at the container shipping - well out of it. if you actually look at the container shipping sector i well out of it. if you actually look i at the container shipping sector the results were not so good. they lost something like 161 million in their operating losses which is very underwhelming and will be bettered by many of its peers. yesterday one of its rivals posted a profit of

owning specific shares of companies. most of the funds now are in index funds or private equity or real estate trusts. makes it really hard to disentangle what money is going where. but brown's a really interesting case study because the deal only includes divesting from 11 companies at least that's what the report that the deal is based off of suggests. and those 11 companies are all defense manufacturers. >> interesting. but you're right. i mean, it's harder to divest from a bucket as opposed to one single individual stock because there are other things in that bucket you might like and have good reasons to want to keep. but also, let's talk about why this seems different, because you talked about how universities have made divestments before, whether it's apartheid or, you know, climate fossil fuels, but are those easier in that there's more consensus around? yeah, we don't like those things. we don't. we want to take our money out of those things. and this is more politically charged and divided. does that also compl