any that instantly springs to mind is otis.e is out with numbers for its fourth-quarter earnings and full-year sales outlook. the market initially dropped the stock quite sharply, down around 4%, but things have turned around now and the stock is now trading positively come up by 2.2%. let's talk about the numbers. let's talk about the outlook. the company president and ceo judy marks joins us now. great to have you on the program. thank you for your time today. we really appreciate it. how would you encapsulate your outlook right now? what do you see in the months ahead of 2022? because the market was a little nervous. i read a number of statements today talking about the forecast being disappointment, the forecast in underway that the analysts expected it to be. what do you see in the year ahead? why the caution right now? judy: it is great to be with you. we see demand remains strong. we had a really strong fourth-quarter and an incredible full year 2021. a year of growth for otis globally and really broad-based growth acros

i'm just trying to get my boy otis up there with him >> jimmy: that's what i'm talking about, otis. [e afterparty." it premieres this friday on apple tv plus. man, is it funny and it's from the same team that did "21 jump street" and "the lego movies." if you guys saw any of the "lego movies." >> yeah. [ cheers ] >> jimmy: they're brilliant. it is such a -- they're such great writers, producers, directors. but can you set up what "the afterparty" is all about >> yes, so it's a -- it's a murder mystery set at a high school reunion where each episode is told from a a different character's point of view. and the character's personality actually informs the genre of each episode so, like, the -- the jocks episode is shot like an action movie. and the art students episode is actually animated, and so on, and so on. so it's, like, a very, very unique concept >> jimmy: you play a famous pop singer named xavier. >> correct >> jimmy: great name, by the way. and you have a great look. oh, actually, we do have a a picture of it. here's xavier here yeah [ laughter ] now, xavier had to -- you had

otis is in detroit. good morning. caller: good morning.es, i am here in detroit, and what i want to say as a parent that even myself who has four, almost five college degrees as a senior citizen now, that the act-sat really didn't reflect on my ability. and my children, i was able to send them to universities, kid colleges and take the prep. it was hundreds of dollars my wife and i had to spend to prepare them. their kids were taking the sat in the ninth grade. the higher the test score as you go on, the higher score they keep. in our neighborhood, kids who couldn't afford an educator or handicap. some families couldn't even raise money to even pay for these. host: how soon did you have those kids taking the act test, otis? caller: in the ninth grade. we had some kids going to the university of michigan and other students on full ride scholarships they were good students in classes, but the act was sending them to some state schools. another thing, stop comparing us to china and japan because that education system is a whole lot different

he les in oti, on the edge ofbo forest,ne of the ree villageshat are tang part in the proct. >> i have asped whatmpact aching has d anywayit is t really a profitable business. ok, yes, you can earn a bit, but the income is very irregular. at's why iecided to stop hunting. >> usually now, he only gets to e the anims in video footage. the researchers have set up 17 trail cameras in the part of the forest where gorillas live. besides chimpanzees and gorillas, these forest elephants are also threatened with extinction. and the extremely shy drills are particularly at risk. the ebo forest research project waset up by the san diego zoo wildlife alliance, which supports primate conservation. it's been collaborating with the villagers for more than 10 years. many of them used to be poachers nothey've lened to clect data on the animals. or set up camera traps. anyone who wants to take part must join a gorilla guardian club. then they get payed for their work. >> we have to thin out the club. clearing a bit, so the camera isn't obstructed. >> once a month, the team spends a few days venturing de

today it's otis guides below. >> i know. and that was an unusual. there it is again. what is it china slowing. i don't know if you caught the piece this morning, but it's just seems like everyone in china is on a line the productivity in china has to be terrible. >> we talked about this for a number of weeks now. and it continues to be a key question as to how much the economy is slowing as a result of their zero covid policy, which continues unlike virtually every other nation in the world. >> it's all china. >> yeah. but what about the property sector there i mean, they continue to say it wasn't going to impact them but it does, i mean, it's hard to imagine it's not >>well, the state-owned enterprises are still building there are 10,000 different developers over there. all we do is hear about it at the same time china is a different animal than six months ago. we don't know how much is pollution free how much is changed. how much is a level of control of covid that just seems in a zero covid policy without the right. >> the "new york times" talked about the level of

i talk so she really, she in mid em. otis dition kind francesca was diagnosed with relatively severe early infantile autism. therapists today referred to an autism spectrum disorder of which there are various levels the family's outings aren't always as joyful as this visit to the zoo. new mom might give medium somewhere. we might go out for a walk in the summer and, and then out of nowhere, there'll be a lot more for her, a sound she can't place is will. and one that makes her scared for c a d d mountain young speed run, my system will provide him him to day the bellowing of the sea. lions is just too much for francesca. ha, autistic people filter incoming sensory stimuli differently than others. some are not so sensitive. others like francesca feel quickly overwhelmed and retreat into their own world. children like francesca exhibit stress symptoms and might develop ticks some self harm or become aggressive francesca. and when they're unable to express themselves through language, they might resort to more desperate means of communication. as issues as a rental muffin the worst mom

otis get the bloomberg business flash with leigh-ann gerrans. leigh-ann: tesco is raising its asset forecast up to solid allowing sales during the christmas season. they are up by 3.2 percent. that is on top of eight strong comparable -- on top of a strong comparable by last year. $25.5 billion in fresh investment for london. tech funding was more than double the level of 2020 did -- 2020. urban areas around the world were traveling around the san francisco bay area and let -- new york. profits are aided by the demand for semi-conductors. the chipmaker says they are growing to a record $6 billion. tsmc has been raising demands with heavy investing including in the u.s. and the u.s. trading income revenue dropped 16% from earlier. jeffries is overall trading the revenue with the company blaming challenging market conditions. that is your bloomberg business flash. francine: thank you. not looking at major moves today, but these prices have seen their biggest gains. monetary policy is getting louder. the fed says that getting inflation down to 2% i

the minister for indigenous australians as now the flag belonged to everyone. tanina otis williams is an aboriginal community organizer. she says a role, it's a positive development, but she's uncomfortable with the australian government adding the rights to an aboriginal flag. my 1st scratchy, was, oh, i'm excited, right? but then my 2nd reaction was that i don't want this trying to find that represent that community. that flag was created out of protests and out of fighting against this institution is balance intrusion. that part of the land and now they own it. and i think, you know, i know the people who saw the campaign, i will when they faced the problems when, who were lazy the copyright from how, how and you know, i said, you know, we should be able to use a flag how one to i think it is a bit error that, you know, the government can find that the actually represents. they all know that have the strength flag represents the represent. i really think that our community should i know the rock to it, but anybody should be able to use it. and i think that, you know, it's really, i

a lot of minority deposit institutions that i reached out to, i had a conversation with the second otis ceo, the second otis black bank in durham, north carolina, and he just said it's unbelievable what that's going to allow him to be able to do. >> right, no, i think this is something we're all -- we're all proud of the funds that were made available and look forward to working with you. my final question, mr. altman, relates to providing an opportunity for more cdfis to participate as lenders under the sba programs. this was an issue that, you know, really came to a head, i think, during the pandemic, and the ppp programs. we saw that cdfis could be very important conduits for those funds. but we don't have enough cdfis who are certified with sba programs. what do you think we can and should be doing in that regard? >> well, two things. i think more cdfis ought to have access to the license that we have. there are only 14 of these national nonbank sb 78 licenses and only three cdfis hold those at this point. it does allow us to be a national lender, which is important. the community a

across the internet, there is a very a big otis and open source vulnerability that i.t. teams across the world are patching. and one of the interesting trade-offs that we have to make is there's other things going on in the world right now. i would look squarely at the russian soldiers are massing on the ukrainian border, those geopolitical tensions there, increased attention between china and taiwan -- if those escalate further, it will not just be little green men in tanks rolling across the border, there will be digital operations that a company any first movement. so there is a significant amount of preparation that should be happening here in the u.s. and in allied countries, to support ukraine and some of the other areas of operation that may be affected. they are doing a fantastic job. the cards are stacked against them, but given that they are making progress. >> thank you for that. i want to note for the audience, you know, in our discussion of democracy, there has been bipartisanship, that these are things that democrats and the public and share a, perspective

. >> let's to otis in detroit, michigan. a democrat color. >> good morning. >> good morning. >> will go to a republican. >> hello. how are you doing? works just fine. a question mark >> it is very simple stop the cheating with people living in one or more's vote. everyone has a social security number. a thumbprint, and eyeball print. if everyone was tied into a federal computer system, anyone who showed up with more than one thumbprint, social security or i print, they would be just qualified. this is something that could've been done along time ago. it should've been done along time ago. everybody only has one each of those. >> take that point. >> you are talking about using biometrics. that is absolutely correct. the technology exists to describe what you are describing. but there are major privacy concerns with going the direction you are describing, particularly in a federal database. it is true that almost all u.s. citizens, but awfully close, have a social security number. noncitizens, by the way, they can have a socia

invested in value stocks that it won't be an overnight shift and i'm sure some industrials have overcome, otis elevator looked at numbers down upon because then the stock snapped right back think that is because it didn't have these curses. but i'm betting that is a rarity meanwhile two big semis, serious logic and fin reported great numbers. these were immediately greeted with higher prices in the after market the bottom line, if you want a value stock here, pick one where we know there aren't any supply chain, semiconductor or covid woes otherwise, it is going to be tough without owning some prediktsable, profitable growth. george in california >> caller: hey, jim. thanks for your valuable work on behalf of retail members i'm a charter member of the cnbc investing club and the information for members is excellent. >> oh, your terrific i hope you watched the 10:20 morning meeting. we have such a good time doing it. >> caller: i do. it is terrific. >> fantastic than thank you, and look forward to later this week when we have our call what is going on. >> caller: so my question is about semicon

company says that revenues will be impacted by supply chain issues for the first half of the year >>> otis elevator making giving guidance largely below forecast and mixed results. but its stock has erased early losses and now up almost 2%. close to 2% there. >>> goldman sachs cut its gdp forecast for this year by more than half a percentage point to 3.2% goldman says that the slowdown will be abrupt this quarter as fiscal support fades and omicron's impact is felt >>> and angi teaming up with walmart to provide help on home projects angi professionals will soon be available through nearly 4,000 walmart stores and online nationwide angi shares are up 9% on this news deirdre, back to you >> rahel, thank you so much. >>> etf sliding 20% in the past three months we're still seeing strong earnings from the likes of microsoft. the results boosting morgan stanley's view that the recent selloff is disconnected from underlying fundamentals. joining to discuss the sector, jeff richards. jeff, good morning you have said a similar thing. you need to know where to look for this value and we're seeing

so here's lloyd, otis. cutting names for all of the last names of the men investing in this project and we noticed that all of these names of course are male, and this is a feature indicative of a lot of corporate change happening in the early republic the merchants who funded the broad street warehouses wanted these buildings to serve a very particular corporate function. these buildings would be used for storage. they'd be used for business. they'd be used for shopping and office space all under one roof. and this intentionality is a departure from what folks would have been familiar with in the colonial period when home and work often happened under the same exact roof. so now you see this differentiation between a person's home space and their workspace. and as a result of this one of the biggest impacts that boston's early corporate development had was on women. because these prescribed uses and types of control over how urban space would function particularly around things like property ownership. we'

the parents line, otis is in detroit, good morning. >> good morning, how are you doing? i am here in detroit, even myself, or, almost five college degrees, the act act didn't reflect on myy ability and my children as i learned from a who are able to send them to a university summer college the cost of prepping them to take the sat, act cost hundreds of dollars from my wife and i had to spend to prepare. later on i learned that children were able especially in families that have the experience nonwhite, their kids take the sats in the ninth grade in the higher the test score as you gos on is the highest score they keep and we put together in our neighborhood who couldn't afford, educated or handicapped to allow them prepare our children in the neighborhood to prep them and let them know they can take the test and raise money. some families couldn't even rate raise money to even pay for. >> how soon did you have them take the sat test at the ninth grade? >> each one's score went up, we have some kids going to university ofo michigan and others on fulbright scholarship. the

host: let's go to otis in detroit, michigan. otis, good morning. ok, we will go to less.r: how are you doing today? host: question or comment? caller: it is very simple to stop the cheating with people putting in more than one vote. everybody has a social security number, a thumbprint and an eyeball print. if it was tied to a federal computer system, anybody that showed up with more than one thumbprint, social security, or i print would be just the five. this is something that could have been done along time ago and should have been done a long time ago because everybody only has one each of those. host: let's take that point. ken: talking about using biometrics, you are correct. the technology exists to do what you described. but there are major privacy concerns going the direction you're describing. particularly a federal database. it is true almost all u.s. citizens, not exactly 100%, but close, have a social security number. noncitizens can have a social security number if they are here legally over the long term. if that were all one big database, you are correct. as

otis is in detroit. good morning. caller: good morning. yes, i am here in detroit, and what i want to say as a parent that even myself who has four, almost five college degrees as a senior citizen now, that the act-sat really didn't reflect on my ability. and my children, i was able to send them to universities, kid colleges and take the prep. it was hundreds of dollars my wife and i had to spend to prepare them. their kids were taking the sat in the ninth grade. the higher the test score as you go on, the higher score they keep. in our neighborhood, kids who couldn't afford an educator or handicap. some families couldn't even raise money to even pay for these. host: how soon did you have those kids taking the act test, otis? caller: in the ninth grade. we had some kids going to the university of michigan and other students on full ride scholarships they were good students in classes, but the act was sending them to some state schools. another thing, stop comparing us to china and japan because that education system is a whole lot differen

otis young is a director of the food and nutrition new york education programs. in 2001 she joined the cornell faculty after spending 13 years at chicago in the department of nutrition. her work also centers on developing culturally responsive programs and policies that promote health, equity, food and community resilience. i want to thank dr. odoms young for being a part of this hearing as well. dr. donald warne serves as associate dean of diversity, equity and inclusion. he is chair of department of indigenous health, director of the indians into medicine and public health programs and professor of family and community medicine at the school of medicine and health sciences at the university of north dakota. the doctor is the principal investigators for the indigenous trauma and resilience research senator at und. and he also serves as the senior policy advisor to the great plains tribal leaders health board in south dakota. he also spent several years as a primary care physician. he's a member of the -- tribe from pine ridge, south dakota, and comes from a long

stuart: tell us about the elevator people, otis. up 2 1/2%.s in the last quarter. the full year outlook, that was below forecast but investors clearly seeing the positive today. stuart: okay. quite a few stocks, very much in the green today, like to see that. >>> new abc poll shows voters are giving president biden thumbs down on inflation. give us the rest of the numbers ashley, please. ashley: stu, big thumbs down frankly on numerous issues. according to the "abc/ipsos poll," 69% believe the president is bungling tackling the job of inflation. only 29% approve, not only just inflation. americans give biden low marks for a handling of the economy where 56% disapprove. crime, with a 64% disapproval rate. 56% approve the way he is handling the crisis in russia and sinking poll numbers are broad-based. look at this, biden has lost 15 points with democrats from 97% to 82%. 24% with republicans from 40 to 16%. perhaps crucially, a 17 point drop with independents. 70% down to 53%. to sum it all up, not good at all. stuart: i just wonder what abc wi

so when the strictly stars are here, the likes of calvin, of course, and oti, who did that amazing jiveht patchy rain putting across the north of scotland. mostly dry. the breeze picking up. a few more cloud breaks. there will be a frost into tomorrow morning for one or two, especially where the sky is clear. they could be the odd mist or fog pocket. as we go into wednesday, more breeze blowing across the country. that means a greater chance of the cloud breaking up, more sunshine. in scotland it is going to turn much windier and wetter. outbreaks of rain in the north and west, mainly into northern ireland by the end of the day. the winds are milder. temperatures up tempered by the strength of the wind in scotland, which could reach 70 to 80 mph in the far north. a blustery night. into thursday, cloud and patchy rain into england and wales, most staying dry and we will see much more sunshine might develop across the country into thursday. nice enough when the sun comes out but it will turn cooler through the day with some wintry showers in the north of scotland. that is how the weather