2 and a half 100-2300 smaller companies, they are still there and few big names to like sony and panasonic, and all of those are bought the diff, the, the atmosphere is, is quite different to everybody is well aware of the corona virus or a micron threat. here there's a mandatory mask or wearing a, in, in the c s. in the convention center there is testing to self test per day. and of course you have to, we absolutely vaccinated to attend one way or another. so very different circumstances. another unusual context of this is because their global supply problems that we're having, particularly the supply of semiconductor chips, is that having an impact on the exhibitors this year? yeah, if you look at it at 1st sight. no, but of course it does. why? because this e s is all, what i o t internet of things is all about computing power because the new things companies present, they need more computing power and that is done with what our viewers know. it, you know, it, i know it's semiconductors and they are a rare, they are in short supply and that is also something people tell us here at the c

panasonic feeling the pressure the ev battery stocks not getting the love right now. >> thank you >>> at the biggest movers to know as the market trying to claw back a bit. we'll rejoin you in two. inner voice (sneaker shop owner): i'm surprising my team with a preview of the latest sneaker drop. because i can answer any question about any shoe. but i'm stumped when it comes to payroll. intuit quickbooks helps you easily run payroll in less than 5 minutes... ...so you can stay... one step ahead. >>> all right. let's look at important stocks right now as omicron's impact is hitting. it would seem the reopening trade hard today they are down substantially. nevada sands having the worst day since november pardon the use of sinking there, kelly. >> we are just pardoning the fact that interest rates of 10-year above 1.8% tyler, thank you, everybody, for tuning in to "power lunch. "closing bell" starts right now. >>> thank you. welcome to "closing bell." i'm sara eisen a new week bringing fresh volatility to the market we head boo the final hour, mike, the nasdaq down 405 at the lows down 1

they expect it to be later this year, ultimately they expect to add 500 jobs there and feeding the panasonic there that makes the battery cells that go into the battery packs for the teslas that are coming out of the giga factory, the battery packs coming out of that factory >> we won't underestimate the supply chain any time soon phil lebeau, thank you for bringing that to us. >>> some positive buzz from the delivery space it's seen a rise in order volume and doordash ceo can add meta to his resume don't go away. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. >>> welcome back bitcoin leverage is growing quickly. could it lead to another downturn kate rooney is with us kate could lead to downturn or upturn one thing you can bet on is volatility with more leverage. >> go either way here but result in more turbulence analysts tell me that is a risk and it definitely adds to the p

he says panasonic will encourage more sffo wkemotely. he' alsoiv them a oice or whether to accept transfers that require moving to different cities without their fali. e governme h said itan companso ado an optional four-day working week. it incorporated the idea on licy and fca magement a reform. >>> executives at one of the biggest private rail operators in the tokyo area are seeking governnt perssnoaise theirar. e ky railways officials say the financial impact of the coronavirus pandemic has left them who choice. thexecutivesil an application with the transport ministry on friday. they want to increase fares on multiple lines by an ara o 12.9%,nd the he to make t change from march next year. transport ministry officials say excluding consumponax ineas, this is time in8 ars tt a pvaperator has sought approval to jack up ic. todyu rlw officia s the number of pple using commuter passes a has dropped by about 30% from pre-pandemic levels. th d'txpect dan t rern th also wantoaise reven to pay for ren nations that will make their stations v

just recently panasonic announced that it was going to move to a 32 hour workweek, along with kickstarter. many of your silicon valley tech companies are moving toward a 32 hour workweek. it is the tech workers and highly skilled programmers and software developers that are driving this conversation. they are going to have a huge impact on the cultural conversation, making this a cultural norm. my bill would extend conversation to all classifications of workers. >> what do you say to employers who say i am already worried about a staffing shortage, this cannot possibly benefit me, or make it more expensive for me to do business or i'll have to reduce the number of jobs. do you worry about that? rep. takano: i think this very situation of a workforce shortage, of this being an employee market, is already causing this conversation to be very much a real conversation for employers right now. i was reading an account earlier today about the restaurant industry being particularly impacted. and a shorter work week is already being contemplated by employers in the restaurant and hospitality sect

this is the panasonic food and in years past in this entire space will be packed with stuff to see.with innovation like samsung's odyssey arc, a giant curved monitor working from home. never had it so good. they're freestyle projector puts up to 100 and screen anywhere. you want one unique aspect to this project or you can square right into a center light socket and forget about replacing batteries. this same time you recharges itself using the radio waves from your wi-fi signal. so he showing off a pair of electric cars there working on the vision s line battery and range tbd. even the post office had its new oversized next generation delivery vehicle on display. their first major upgrade in 30 years. it's roads in 2023. and john deere. adding a tech twist to farming with a fully autonomous tractor. i'm actually just making a corn maze for the kids. farmers can ride inside or just monitor from a mobile app. but the while that stole the show bmw's color changing world's first you choose the closure. uh, uses eating like a kindle screen to swap between black and whites. the technolog

panasonic is planning to give its employees the option of working just four days per week. >> the companyriority. >>> next, a new kind of hardship caused by the global supply chain crisis. >> listen to this. the members of the norwegian military are being asked to wear previously used underwear. new recruits are wearing undies returned by previous recruits. >> officials ensure they are clean and checked for quality. >>> next straight out of a horror movie. >> researchers in england found skeletal remains of a giant sea dragon. 32 feet long and the skull weighed more than a ton. >> it lived 180 million years ago. >>> next, gray's anatomy was approved for another season. >> ellen pompeo says it's time for the show to end. >>> how spicy is too spicy? arby's has a sandwich so hot it comes with a milk shake. comes with a milk shake. >> thanks to [tv chatter] [doorbell] ♪ ♪ [gasps] is that throw...? i know right! it's imported from portugal, got it at marshalls for a total steal! nice! thanks. ♪ some people have joint pain, plus have high blood pressure. they may not be able to take just anythi

the only notable name that remands on the list is panasonic. shery: head of aipac research. plenty more to come on daybreak asia. this is bloomberg. ♪ shery: there are signs the latest wave of covid in the u.s. is peaking even as the country posts the highest death toll in 11 months. the johns hopkins school of public health says the virus should become milder with successive variants. >> there are some parts of the country that are still in the upswing. we do think it will go down pretty quickly. i think others have said they expect it to go down over a matter of two or three weeks. from the peak down, hospitalizations will probably lag a little bit. that is all generally good news the question will be how long we last in much better place. >> i believe we had delta and we did not see omicron coming. we have omicron. can we see what is next? >> we are not sure exactly what is next, what the virus will do. so many people got omicron that there is a hope that whatever comes next we will be better prepared for and just like omicron was milder and a part because there were so m

reggie: panasonic is jumping on the four-day workweek bandwagon. announcement and hopes to implement the optional third they offer employees in japan by 2023. the ceo says this is about supporting the well-being of employees and giving them more time to live their lives, volunteer, or pick up a second job. there is a boost in productivity and overall happiness and employees working a shorter workweek. it's unsure if that applies on a global scale. kumasi: companies it takes before it becomes a thing. reggie: we need more news companies to do it. very specific to our situation. struggling to stay alive, a feeling of dÉjÀ vu and how they are trying to cope with the surgeon omicron. kumasi: whether having to pay for out-of-pocket. reggie::::::::: why hide your skin if dupixent has your moderate to severe eczema or atopic dermatitis under control? hide my skin? not me. by hitting eczema where it counts, dupixent helps heal your skin from within keeping you one step ahead of eczema. hide my skin? not me. and that means long-lasting clearer skin... and f

this is the panasonic food and in years past in this entire space would be packed with stuff to see that many others packed with innovation like samsung's odyssey arc, a giant curved monitor working from home. never had it so good. they're freestyle projector puts up to 100 inch screen anywhere you want one unique aspect to this project or you can square right into a center light socket and forget about replacing batteries. this same time you recharges itself using the radio waves from your wi-fi signal. so he showing off a pair of electric cars there working on the vision s line battery and range tbd. even the post office had its new oversized next generation delivery vehicle on display. their first major upgrade in 30 years. it's roads in 2023. and john deere. adding a tech twist to farming with a fully autonomous tractor. i'm actually just making a corn maze for the kids. farmers can ride inside or just monitor from a mobile app. but the while that stole the show bmw's color changing world's first cheese. uh, usually a uses eating like a kindle screen to swap between black and whites.

kumasi: panasonic is jumping on the four-day workweek bandwagon.s to implement the optional third they offer employees in japan by 2023. the ceo says this is about supporting the well-being of employees, giving them more time to live life, volunteer, pick up a second job. recent studies have seen a boost in productivity and happiness in employees working a shorter workweek. it is unknown if the policy will apply to employees on a global scale. developing news in daly city,it, police and fish and game officers on the lookout for a mountain lion. they are stationed out in the area, that is where a neighbor spotted a cougar in her yard. it all happened as she and her dog stepped into the backyard and the dog's immediate lease started barking at a tree. >> as i approached the tree, i noticed the long bushy tail. so i went under the tree, i looked up. there was a huge mountain lion looking down at me. i said a lot of things i will not repeat, i ran and screamed. i was able to get the dogs back inside, slammed the door. kumasi: a neighbor who started mow

amazon ring, facebook parent met that, twitter, intel, p&g, panasonic, they all followed suit.bott labs and sony are still in along with 2,200 companies setting up on the convention floor right now. make no mistake, this is my 14th ces. at least for fox business. i went once for wsyx in columbus, ohio, a million years ago. it is already a much different experience. here's a quick look at my journey, arriving yesterday. can you tell i've arrive at vegas airport? if now i'm heading to bag pickup for the consumer electronic show. so we'll see how that goes. you have to show your vaccination card and get a test. let's go. ♪ welcome to las vegas. liz: in my hot little hand i have the coveted ces badge. i had to show that i was double vaxxed. they did not insist on seeing that i've been boosted even though i have been, and they said please understand that if you lose this, it's a $300 replacement fee. so we're not going to lose it, right, liz in -- liz? okay. no, i still have it. and and hello, vegas. ces hands every single person who's arriving two covid tests. i took one this morni

this is the panasonic food and in years past in this entire space will be packed with stuff to see thathers packed with innovation like samsung's odyssey are a giant curved monitor working from home. never had it so good. they're freestyle projector puts up to 100 inch screen anywhere. you want one unique aspect to this project or you can square right into a center light socket and forget about replacing batteries. this same time you recharges itself using the radio waves from your wi-fi signal. so he showing off a pair of electric cars. they're working on that slight battery and range tbd. even the post office had its new oversized next generation delivery vehicle on display. their first major upgrade in 30 years. it's roads in 2023. and john deere. adding a tech twist to farming with a fully autonomous tractor. i'm actually just making a corn maze for the kids. farmers can ride inside or just monitor from a mobile app. but the while that stole the show, bmw's color changing car, world's first uh, is uses eating like a kindle screen to swap between black and whites. technology itself i

tesla is in there because they make components along with panasonic, but this will encompass the fullnt inside the ev. i've talked about it before. lithium has a big supply deficit right now and this is a tailwind throughout the rest of 2722. >> stephanie link, what do you think of these picks >> well, i like coinbase a lot especially now that it's trading at 19 times forward. it's a quality way to play crypto it's the largest, most secure exchange, right? the total addressable market is enormous 1.6 billion today going to 5 billion, maybe more, who knows the trends are your friends and companies that are embracing crypto, you have to pay attention. it's not just paypal it's visa. starbucks, it's coke and expedia. these are all companies embracing crypto for me this was a way to play it i know it's volatile and not nearly as volatile as playing a pure play, bitcoin or that kind of thing energy, i love i'm overweight energy. i'm double my benchmark, it's still relatively is that correct in my s&p relative the benchmark. companies are doing very good things in terms of buybacks, dividen

up production today we talked to him outside a facility that the company is building next to the panasonic plant in sparks, nevada. this will be a $1 billion plant producing anode copper foil which is a critical component in lithium battery cells. the idea, supply enough of the copper foil to go into one million electric vehicles. here is the reason why projections on ev sales continue to go up as you see automakers saying we're not doing enough right now. it is about 4.5% of the market look where it is expected to be just in the u.s. by 2025, up to 12.5%. j.b. straubel says it may be low. >> if you look how fast adoption is growing in parts of europe and other parts of the world, i think it points a path to potentially even higher percentages than that by mid-decade this is catching people a bit off guard, you know, it is a really strong shift, all the way from internal combustion sales dropping to ev sales increasing by almost 100% in different regions. >> take a look at the ev stocks. the enthusiasm behind electric vehicles is one, kelly, we talked about for sometime. it goes well beyon

panasonic introducing an optional four-day workweek.is one of a small number of japanese companies taking on more flexible arrangements during the covid surge. the leading index has increased to 102.9 in november, haidi? haidi: kihara -- let's bring in our bloomberg editing manager. what are we seeing that once this extension? >> we have seen cases, virus cases in japan pick up since the new year began. the nationwide account stood at around 6500 yesterday. that was the highest level we have seen since september. cases have been steeply rising from close to zero to where it is now. experts have said that the omicron variant has been relationally delta variant. that is possibly seen as a key factor behind the accelerating pace in the number of cases tested in japan. >> especially in cases near u.s. military bases. you look at the share of cases in okinawa bay versus the population number as opposed to tokyo. what has been done? >> there has been a lot of frustration from authorities in okinawa as well as debate within parliament about ho

doing not in the hardware side everybody uses third party hardware everybody buys batteries from panasonicsewhere, and integration is key you're seeing that in tesla. you're seeing rivian stock doing that those will be the leaders as we look out >> ford and gm are getting a lot of credit. i don't know if you saw. we had the white house head of the nec, the national economic council director, brian deese, on the show on friday. and he had just convened a meeting of ceos, including ford and gm they had ev conversations before and they never invite elon musk, who is leading in this country when it comes to production and selling of electric vehicles which is curious i asked the nec director why he doesn't invite musk. here's what he said. >> why do you not invite musk to these meetings this one, and others that you have had specifically on electric vehicles, when they are on the front lines of producing electric vehicles and the biggest player in this country >> well, i would say this was a great meeting. we had ceos from sectors across the economy. not just the automotive sector but the tech

this is the panasonic food and in years past in this entire space would be packed with stuff to see.hers packed with innovation like samsung's odyssey arc, a giant curved monitor working from home. never had it so good. they're freestyle projector puts up to 100 inch screen anywhere you want one unique aspect to this project or you can square right into a center light socket and forget about replacing batteries. this same time you recharges itself using the radio waves from your wi-fi signal. so he showing off a pair of electric cars there working on the vision s line battery and range tbd. even the post office had its new oversized next generation delivery vehicle on display. their first major upgrade in 30 years. it's roads in 2023. and john deere. adding a tech twist to farming with a fully autonomous tractor. i'm actually just making a corn maze for the kids. farmers can ride inside or just monitor from a mobile app. but the while that stole the show bmw's color changing world's first you choose the closure. uh, is uses ink like a kindle screen to swap between black and whites. t