the story is that he shakes forbes like a rag doll. forbes demands forbes to resign. the press coverage surprised me. okay? i've opinion led to believe over the decades after the death that this is, just blew his presidency sky high. it did not. they reported it like, well, great. a new director was appointed to clean up the mess. it was really regular and normal reporting. it was saying okay. you know? it wasn't any, there are no editorials saying the president should have done this or that. and no implication he knew anything about it. giving allegedly giving leases and coverage is pretty straight for first couple years. this morphs into a criminal trial against fall and two of the oil men and it's just -- a circus. fall is a bizarre character. it takes him six weeks to get to washington for the hearings he says. he has sinus problems. which could happen to any of us. longer is stretch is out now we see a turnabout well, maybe the president did know something this, is his appointee. that that i don't see problem was the news reporting. we have to separate editorials

among our guests this hour, forbes media chairman, steve forbes. former cbo director, doug holtz-eakin and republican strategist ford o'connell. melissa: let's get back to the markets. the dow ending with another record close, second straight day. the 101st record since election day. connell mcshane on the floor of the new york stock exchange. connell. reporter: melissa, strong economy overriding concerns about a trade war is kind of a weekly theme and that continued for the dow and we look what led that major average higher you get an idea how people are seeing the world if you will. the dow leaders included mcdonald's, 3m and boeing. as far as our math is concerned those three stocks accounted for about 2/3 of the dow's advance. think about 3m and boeing if we were concerned right now about the prospects of trade war and what it would do to global growth you would think those stocks are down. that not the case. they have been and continued to go up we saw a little bouncing around at the close. nasdaq finished lower, s&p as well. we expected that

joining me with reaction, steve forbes, forbes media chairman. all the naysayers.going to tank, as opposed to explode the way we have been. more than barack obama comes on the scene saying he is responsible for all of this. yet, it wasn't his economic policies that turned this economy around. >> like a coach who had eight years of a losing team. they get a new coach, the team starts to win, the old coach said, i did that. quite amazing. he said entrepreneurs don't create businesses, all right i will apply to president obama. you did not create this economy. david: the thing is, i said to larry today, it is not rocket science. you make it cheaper for businesses to do business by lowering taxes, by lowering the number of regulations and you will have more business. it is as simple as that. >> the american people do it if you let them do it and for the first time in eight years people can get up in the morning know that the government was not going to try to figure out a way to make their lives harder and more miserable. david: what happened with obama, it is true tha

here now, is steve forbes, forbes media chairman.is morning, lindsey talking about how the country will be pulled apart if you delay it more. then an hour later, flake delays it more. what is going on? >> nobody knows what got to him. why he did this. i was pleased as most americans were that they had the hearing yesterday, cathartic. people got to really know these two individuals. david: exactly. >> very, very good. so what more is there to learn? reexamining old witnesses, getting more testimony? it is delay, sadly. this will not add to what we learned yesterday. david: there is an old phrase, justice delayed is justice denied. you're not only denying justice to this man by getting to the bottom of the charges against him and trying to clear up a reputation which heretofore has been perfect, now it is tarnished. doesn't he deserve better than this? isn't that exactly what lindsey graham was saying this morning? >> yes. i don't think anything will come from this investigation that we don't know already. there is plenty there for pe

mike murphy and forb forbes meda chairman, steve forbes, i know, you'd pay money -- i know what thosend i know you will buy them. >> i can say on the record i personally do not own any golden goose. dagen: they're golden goose shoes. we'll discuss how much they are coming up. also, it's apparently -- there's a day for every food imagineable. it's pepperoni pizza day. we're going to have pepperoni pizza on set. >> exciting. dagen: that's very exciting. i know steve is stoked for that. >> i'm worried the irs will tax it as in kind income. dagen: i love that everything is about taxes, steve, i truly do. >> only you can make that joke. >> i do tax your patience. [ laughter ] dagen: that's another good one. we need a snare drum somewhere. first, this. in all seriouss in seriouss ser. there's a deadline of 10:00 a.m. tomorrow for judge kavanaugh's accuser to submit prepared remarks if she plans to testify on monday. christine blasey ford alleges brett kavanaugh sexually assaulted her more than 35 years ago. senator chuck grassley is requesting to see the letter sent to dianne feinstein date

elaine forbes, port director, pleased to be here today to recommend an agreement to you that really secures the embarkation sites of alcatraz into the future, 30 years, up to 50 years. >> president cohen: for those of us who don't know, what does embarkation actually mean. those of you watching at home. >> using a port word. embarkation where passengers board vessels. alcatraz has, we have had an embarkation site for the alcatraz island since 1972 at the board of san francisco. it is an incredibly popular place to go for visitors to the city. it's a wonderful national park, and we have worked very closely with our partners to develop an agreement that really is going to improve the visitor experience on the embarkation site, provide more retail, interpretation, get us a lot of investment into our pier, and the concessioner and the retail operator. this agreement is going to transform this embarkation site. i am here today not only with my team, rebecca and jay, but also with our partners, laura from the national park service, greg moore from the park's conservancy, and i see mark buell is h

forbes has called class pass audiences.t billion—dollar start—up, what are your plans? classpass the next billion—dollar start-up, what are your plans? we wa nt to start-up, what are your plans? we want to go public, we want a generational technology company to expand beyond being a studio fitness and a gym membership. we started testing wellness, massage, acupuncture, cryogenic treatment. we've added gym partners, they can go to we've added gym partners, they can gotoa we've added gym partners, they can go to a fitness gym, lift weights and we're testing other concepts all the time. i'm ready for my morning workout! from fitness to pharmaceuticals in india, and it's one of the largest makers of generic drugs in the world. the country's largest biopharmaceutical company has been focusing on a new class of drugs that will bring down the costs of medicines for critical diseases, and its powder and chairperson, one of the richest indian entrepreneurs, is 110w the richest indian entrepreneurs, is now taking on the big global dr

now, miss forbes did go over with the slides in terms of the fiscal impact, went over the same numbers and can answer any questions. but i think the issue raised in the report is the actual expected terms of the leases are different than what's in the general agreement and are different than what's en the term sheet. from our understanding this has more to do with the configuration of the space thank the actual, any difference in terms of the price per square foot, so not an actual reduction in rent, simply reckon -- reconfigu reconfigure of the space. we thought they needed to be brought together and the same. we did make a recommendation to that effect and since our report came out, we have talked to the port, submitted language that incorporates the recommendations that we made. there's one change, but we are comfortable with the change, which is we said that the agreement should basically be consistent with the national park service rules that leases for ten years, in fact, there are some other caveats to that, initial lease with the ferry operator for 15 years, consistent with all

joining me right now, the chairman and editor-in-chief of forbes media, steve forbes.an you believe that? i mean he had eight years to get it going. he didn't do squat as far as strengthening our economy, growing our economy. he just added more regulation, more taxes, and left it all up to the fed to try to generate some kind of a hope. >> that's why the word chutzpah was invented. trish: oh, it is on me. >> like a manager after team that keeps losing and losing, and losing. you get a new manager. you start winning the world series. the old manager says, i did that. he first tells businesses during his administration, you didn't do it, don't create jobs. trish: i remember that. >> so businesses every morning knew they would get up, wonder what washington would hit them next with. today they know they're not going to be hit. so-called animal spirits are up. you started to see that last year. investment starting to go up. it is very simple, you get off the backs of the american people, they will do great things. obama think it is like milk in the supermarket happens to s

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the stock rose to $49.09. >>> still ahead, looking forb t a startup? there are a few things that you need to know. >>>ouse republica released their plans for a second round of tax cuts. the legislation propose by the house ways and means committee would make the lower individl rates permanent, eliminate the maximum age forome contributions to retirement accounts and allow for new business writeoff. >>> airlines are waiving change fees as hurricanes florence threatens to hit. it is strengthening. it looks increasingly likely it should make landfall along the mid-atentic coast. governor of south carolina has ordered more than 1 million residents to evacuate. the governor of maryland hascl ed a state of emergency. southwest has waived fees and other carriers are expected to follow. >>> insurance stocks were lower, especially those with exposure to north and south carolina. >>> volvo is dropping its ipo plans at least for now. th automaker's parent company, guile, is blaming global trade tensions in a downturn on stocks. volvo and the chinese parent have b

director forbes, how do you feel that the changes will impact us? >> overall, there's not substantial impact on us. we always go through the phases where the board tries to cut some things and they did this year and we made agreements to reduce our operating budget a little bit, which on balance should be a help to us because it increases our fund balance. there's been changes in the operating budget, which margaret described, which is to our benefit. and allocating our interest earnings and funding to where we need it in the capital side, especially on the bond program. overall, the commission's budget has held. a vast majority of it has held and we will be able to do a good job within our allocation in occcurrent year or next year. >> commissioner woo ho: if we cut our operating expenses, i assume our surplus is increasing. >> it does, but you don't see that in these figures. whatever we don't spend, accrued to fund balance and we can allocate it to future capital. it's the year-end savings. is that right? >> commissioner woo ho: instead of lookin

commissioner brandon, director forbes. chief operating officer, bureau of advocacy, we have had great support from senator dianne feinstein and nancy pelosi. division of army corps of engineers, san francisco district, colonel rayfield and his staff have been great, the port seawall staff have combined to get us this rare opportunity to move forward. so i will stop there. i did want to invite colonel rayfield to just say a couple words. he doesn't want to but -- [laughter] >> thanks for your time. i am carl rayfield. i appreciate your diligence. it was enlightening to see and fun for me. i want to highlight the executive director ms. forbes and entire staff, i have engaged several times, and everybody's comments what can we do today, tomorrow and in the future. we have a vision to solve the nation's toughest challenges. the seawall is pretty tough from an engineering standpoint. we look forward to determining what's involved and we may want to work together as partners. we appreciate your time and knowing it's a late hour,

john forbes/pastor: "i can only pray to you that this tragedy changes everyone's soul to be close toyou." friends and family gathered in pinehurst, north carolina....to remember the mom and two kids killed nearly two weeks ago ... fr. john forbes/pastor: "shanann, bella marie, celeste and nico are present here with us today. not just their physical bodies, but their souls as well."shanann's husband, chris watts, has been charged with their murders.shanann -- who was 15 weeks pregnant -- and her two daughters were first reported missing on august 13. the day after their disappearance, her husband spoke to local media --chris watts: "i just want them back... i just want them to come back."for days, state and federal authorities combed frederick, colorado for clues...ultimately discovering her body in a shallow grave on the property of a petroleum company where her husband had been employeed.the bodies of the couple's two kids -- four-year-old bella marie and three-year-old celeste cathryn -- were found nearby -- submerged in oil and gas tanks. chris watts has been arraigned on nine cha

congratulations, miss forbes. >> president cohen: all right. thank you. madam clerk, next item? >> clerk: items 24 through 27 kpriez the third special order today for a public hearing of persons interested in the certification of a conditional use authorization for a proposed project at 143 corbett avenue to legalize interior alterations and horton tall additions at the rear building walls, bay window, and decks and the addition of a unit within an existing single-family dwelling. >> president cohen: all right, colleagues, we have the project at 143 corbett avenue which is in district eight. before considering this appeal, i'd like to give our supervisor rafael mandelman the opportunity to supervise some comments. >> i and my office have been in contact with the parties. i am hopeful that if we can get these parties into a room together. we may be able, together, we may -- together, we may be able to work out something, so i would ask to continue this until september 22. >> president cohen: okay. before we vote on this, i'll open this up for public comment. is there any public c

bring in chairman and editor-in-chief of forbes media, steve forbes is here. senior legal fellow and deputy direct are to have the heritage found decision center for legal and judicial studies, tom gipy. talk about the politicization. dick durbin, you are president trump's pick. you are the pick of donald trump. they're already politicizing the kavanaugh as a pick, steve, doing it without getting to the nominee's opening statement. what do you make of that? >> this reflects almost demented base to be blunt about it, cheryl, far left of democratic party. they're outraged of trump being in the oval office. they want to do anything possible to stop this nominee. very fact that kavanaugh is so qualified, they want to portray him as genghis khan in robes. the fact he is so qualified enrages them even more. they have nothing to go against him. they have done no more or less than barack obama did what one of his supreme court nominees. they're desperate to appease the angry base. this is show, they're angry and do everything possible. they will make a mockery of it,

we're joined by steve forbes, forbes media editor-in-chief.e warhead lines or maybe because of it? maybe the theory this takes us closer to some eventual resolution? >> i think it is in spite of. if you waved a magic wand, got rid of all trade disputes, everybody is happy again, you would see the market go up on the dow 5000 points. 20%. this economy is on a roll. earnings, profits are going up. market always tries to look to the future. if the sunshine has no clouds like the trade clouds, boy you would see, people would say, jeez, it is still too late to get in. charles: are you saying if it was like it was when trump came in we would be okay with that? the market was be okay with that but some people would be complaining. they don't have a voice. maybe they live in beauty, montana, boise, idaho, people were complaining about effects of trade for a long time before trump was elected. >> as we've seen we have job shortages in the economy. skilled jobs, unskilled jobs. it is amazing. we haven't seen anything like this since the '60s, or the '80

he demands that he resign and forbes does. the press coverage surprised me. i have been led to believe over the decades after the blue itt's death, a skyhigh. it did not. they reported it like "oh great, he resigned." it was really regular, normal reporting. there were no editorial saying that the president should of done this or that. certainly no implication that he knew anything about it. that surprised me. fall was secretary of the interior, i will say allegedly for his sake but allegedly giving leases without the open bid process to some oil manufacturers that he knew. this is going to be in the news for six or seven years. it comes to the surface one month after harding dies. this is a different ball game now. the press coverage is pretty straight for the first couple of years. ais first starts with congressional investigation and morphs into a criminal trial against fall and two of the oil men. it is a circus. fall is a is our character. -- is a bizarre character. it takes him six weeks to get to washington because he says he has sinus problems, which

i think to give director forbes the goal to negotiate with the different agencies, i support that. i just want to say to yolanda, i hope that if you got disrespected by anybody, in this commission, we don't like that kind of behaviour. i am really sorry if something happened to you. >> the community is very sensitive. >> )-right-parenthesis. >> thank you. thank you. >> thank you. we understand. i just wanted to say that. thank you for the presentation. i am looking forward to you coming back and i think this is a great project. thank you. >> thank you so much for the presentation. this is a wonderful project. back to the trust rock right now , we have about 3 acres in this area. and we are going to acquire another 6.5. will have 9.5 acres. that we are taking on. >> that is correct. >> what happens, if, for some reason, this project doesn't move forward? >> we are negotiating the terms of the trust exchange right now, but basically, one of the conditions for the exchange of property is the m.o.u. being in place, assuming those obligations. so that if the trust exchange happens, we w

you guys do that espn has done that "forbes," you name it, they call do it.nd there's a platform level the way you deliver content has changed so radically, and will continue to change owe radically. that's the way to do it, live your even content and direct it and deliver it the way you want to do it >> we're excited about tonight, nbc, welcoming football back are you talking anthem or real football >> we'll talk football i try not to talk the anthem issue because there's no way to resolve it now it's so far past where it started. nothing is -- it's not even close to where it was in the beginning. and it's so polarizing right now that the nfl can't get out from under it they can't settle it with their own players. they can't even get the owners to agree and now you have a president that uses it very well to take the heat off, whenever he wants to bash the nfl which works very well to his base it's a nightmare for the nfl and one that i don't think they'll solve. >> so it's going to be an issue all season >> i think it. two networks aren't even going to cover

joining me now is steve forbes. steve, does the president know how to stop it? >> well, the key thing is what are the best methods to stop these trade abuses which have been going on for years and it's not just we've been complaining about it the europeans and canadians have been complaining about it for years as well. i think a more effective approach would be a laser-like a each pro. you pick out a few companies, banks, and say these bad practices are not ceased, not stopped then china does not begin to adhere to the world trade organization agreement which it signed almost 18 years ago, measures will be taken. for example, start with a small bank. kick it out of the swift system, that in fact puts them out of business and then you say you've got five big banks. if things aren't changed, we're going to pick one out that we think has been abusive and tariff ic that deadly action. you focus like that with the united allies or alone, we're big enough i think you'd get a reaction. >> we've picked the trade fight with most of our allies right now and you have a pro

that's why this move this is moved up kristie we were thinking earlier you're also going to be at the forbes thirty under thirty you think we're moving the show up there on monday and tuesday i hope you come by and help us out a little bit. thank you so much kristie appreciate christiania counterpart next. and we've spoken about comcast buying sky u.k. and how foxed. owns thirty nine percent of sky and what it might mean to become of that investment well today disney says that they will sell to comcast for five point two billion dollars the move will significantly reduce the debt of disney following the purchase of fox and allowing disney to have resources to invest in content creation and time now for a quick break but hang here because when we return we'll peruse the planet and talk geo political economics with john cavaletti the president of the u.s. trade and economic council plus we discuss the circular economy with tracey chambers the c.e.o. of the clothing bank who is fresh from the united nations sustainable goals how can businesses make more efficient effective use of inputs and way

a recent article from forbes estimated that's about 57 million people. working on your own means you have to set up your own backup plan if anything goes wrong. the so-called gig economy is upon us. millions of workers in today's economy work as freelancers either for their own companies or for others. the big potential downfall of such work is that many are working without a safety net. with limited health insurance, no sick pay, or paid vacation. however, some companies, sensing an opportunity, are starting to emerge. one such service is called trupo, which offers disability insurance on a sliding scale. the more you pay, the better coverage you get. rates range from $20 to $50 a month. trupo is the brain child of sarah horowitz, she founded the new york-based free lancers union. it offers health insurance for independent contractors for years. the idea came after holding focus groups with freelancers who say the lack of any short-term disability meant they were living on the edge of uncertainty, bankruptcy and possibly moving in with family or even th

of volatility i would say that turkey's crisis won't cause any emergency market crash like the way forbes put it with randy brown turkey's current financial crisis bears a striking similarity to the collapse of thailand's currency in one thousand nine hundred seventy which did ultimately lead to a financial meltdown across asia however you know we've seen the depreciation across the emerging market currencies as low as six percent as side with argentina forty two percent i'm sorry fifty two percent turkey's i believe is about forty two percent year to date as of august thirty first and so they have all the risk of default rising and yet we think it's unlikely to see the kind of repeat we saw in the late ninety's what marks turkey's scenario particularly interesting and noteworthy but they're not alone and that's worth also recognizing is the amount of debt that they've taken on external debt we see a lot of examples including here in the usa a lot of debt consumer corporate as in addition to government we don't think that will in well but it's going to be volatile no question about it yea

the company's climb made its founder and ceo jeff bezos number one on forbes billionaire's list this year. happening now, santa clara's public health department is rolling out a new online tool for easier access to health information. the new open data portal gives users a way to access and download health data broken down by city and neighborhood. there will be data on over 100 topics such at diabetes and opioids. officials think a wide variety of people will profit. >> nonprofits using it for grants, elected officials using it to support health, community residents and advocates wanting to learn more about how to improve their health. >> officials offered hands-on training to nonprofit employees interested in the app. the app has more than a year -- or has been more than a year in the making. >>> take a look at this. pretty cool stuff. you're looking at a swarm of nano robots. scientists from the university of hong kong used magnetic fields to configure these nano robots. i'm going to call them nano bots into swarms. they're about one-fifth the size of a red blood cell. they can be

. >>> "forbes" reports the unites its baggage fee. the fee for the first check backed the cost of a second bag goes from $35 to $40. flying united from canada will cost you really big bucks. united's flight hikes follow increases of others. >>> "crazy rich asians" has been top in ticket sales for the third straight week, earning about $30 million this long weekend. that would make it the best labor day performance in 11 years. the shark thriller "meg" was second followed by "mission impossible: fallout." >>> still to come, the opioid epidemic is forcing many grandparents to return to parenting. ahead, how a west virginia state university program is helping these grand families. i felt this awful pain in my chest. i had a pe blood clot in my lung. i was scared. i had a dvt blood clot. having one really puts you in danger of having another. octor d i chose xarelto®. xarelto®. to help keep me protected. xarelto® is a latest-generation blood thinner that's... proven to treat and reduce the risk of dvt or pe blood clots from happening agai

forbes media chairman, steve forbes.nsistent read on that front, steve, that we in the united states are starting to look after ourselves. we obviously want to benefit everyone but can't be disproportionately so. a message to china on that front. certainly from the trade ambassador message to canada on that front. what do you think of that message? >> i think the message, you have to distinguish between trade abuses where we really have been victimized by countries including china as the biggest one, stealing our intellectual property, forcing mergers, forcing companies to do things they wouldn't do otherwise, keeping them out of the chinese market. they have got to live up to the agreements they signed with the world trade organization 18 years ago. so enforcing that is a good thing. hopefully, neil, in the next few weeks we get nafta cleaned up and that agreement signed with canada and mexico and start serious negotiations for zero tariffs with various industries with the european union. in terms of, in terms of those,

little wanted maelstrom of consumer finance with the fi a moment forbes limited role of my generation watch the commodore every day. our documentary takes a look a lot of times how did those murder members of the time for the first time i had a feeling of being part of something. means of those events today. the seeds of civil rights the peace movement and women's movement one of the plant during this period. between sixty eight a little. this week on the dole. in. business t w news live from but i live in a possible be cream for war profits syria russia and turkey agreed to set up a demilitarized zone in it live province effectively delaying an offensive against the rebel forces dug in that the deal could prevent a major humanitarian crisis also on the program german doctors treating a member of the russian activist group pussy riot say it is highly plausible that he was poisoned to a piece of a sealed off is in intensive care but doctors are confident he will recover.

. >>> forbes magazine is out with most nual list of the valuable franchises in the nfl. by the way, the lying itself is l the most earning sports league in thehe world. in in the top spot the dallas cowboys. theirst team to reach that valuation. new england patriots at 4.8 billion. the new york giants round out the top three. >>> and that' nightly business report. i'm sue hera thanks for joining us. >> i'm bill griffeth. have a great evening. we'll see you again tomorrow. t s is "bbc world news america." f ding of this presentation is made possible by the freeman foundation, kovler foundation, pursuing solutions for america's neglected needs, and purepoint financial. >> how do we shape our tomorrow? it stas with a vision. we see its ideal form in our mind, and then we begin to chisel. we strip ay everything that stands in the way to reveal new possibilities. at purepoint finanal, we have designed our modern approach to banking arou y

administration to name eve ryo ne presidential administration to name everyone who is listed, maybe from forbesdid. maybe, i don't know. what ido they did. maybe, i don't know. what i do know is that russia and its economy are suffering. whatever you say, all the indications are that it is costing you a significant part of your growth and let‘s face it, over recent yea rs, your growth and let‘s face it, over recent years, the russian economy has not been growing at all. well. could the economy still be dependent on oil and gas, if oil prices drop by two times. sanctions continue. 1% is probably the correct assessment. the negative effect of sanctions. our growth is now at 2% per year. the last couple of years. it is a good growth rate. it is a bit low global average but very close to european... real wages in russia since 2013 have fallen dramatically. ordinary russians are deeply unhappy with the economic circumstances. they are now also unhappy with the proposed pension reform which you, asa proposed pension reform which you, as a liberal russian economist, were in favour of. added to a singl

they found a who is who list, maybe from forbes magazine, i don‘t know. the bottom line is...do know is that russia and its economy are suffering. whatever you say, all of the indications are that it‘s costing you a significant part of your growth, and let‘s face it, over recent years, the russian economy has not been growing at all. well, what about oil prices? could the economy with still such a dependence on oil and gas not be falling if oil prices drop by two times? we really believe it‘s because of sanctions. sanctions contributed to that. i% point is probably a right assessment of the negative effect of sanctions. but our growth is now at 2% per year, the last couple of years, and it‘s a good growth rate. it‘s a bit low global average but very close to european... real wages in russia since 2013 have fallen dramatically. ordinary russians, it seems, are deeply unhappy with their economic circumstances. they are now also deeply unhappy about the proposed pension reform which you, as a sort of liberal russian economist, were a great supporter of. do you know any country wh

earlier, i spoke to dr ellen wald, who has written about mr musk and tesla's troubles for forbes magazinela. elon musk has become, essentially, synonymous with the rise and fall of tesla stock price. when he comes out and makes a statement saying we have got positive production numbers, the stock goes up. when he is involved in something like this podcast and this show, or he gave an interview to the new york times where they wrote about his troubled emotional state, the stock tumbles. it really seems like tesla is rising and falling along with its ceo and founder. we have the extraordinary situation with hasluck has a higher market capitalisation, the total value of all its shares is greater than ford, an established conventional car firm, and yet this is all on the assurances, vision, and promises, really, of elon musk. how long will it be, do you think, before it starts to test investors because patients? i think we are seeing that starting right now. —— investors' patients. no matter how difficult is being seen to be for the company, the shareholders don't desert. recently we have bee