different and why because in a special can hopefully help others avoid the pitfalls of the 27th united c.e.o.'s the rampant fraud in all the media you know they all things that came in after that time and that's trying to kind of cash in on because i bought with pyrite you know fake gold basically and then another generation on top of that came along called distributed finance with sames like even another layer of fraud on top of fraud can you explain the mayor and the distributed finance for all when they talk about a trust and price or a call how that's not just centralization. and why out of the eyes are they completely off base they're now you're you're absolutely right in my opinion it's complexity theatre and are often times i think. the hearts are in a good place in some of these projects some are outright blatant scams done by scammers and you know that's kind of the worst end of the spectrum i do think that there are some well intentioned people who are brilliant in terms of technology and they're trying with a good heart to apply it to solve these problems but i worry that in many

it was we reversed and shot up the one percent where people started losing faith in the solid c.e.o. united states so if you have an insolvent nation and you have a 2 perhaps you 2 percent inflation target. in that nation what would attend what should the 10 year note treasury be should be 0.7 and we could take this to japan's well i mean should or should the japanese 10 year note be 0 percent with a quarter trillion yen in debt and it's you percent inflation you know you bring up an interesting point about mainstream media and how they treat this crisis and whether it's sandy say or others that are in the mainstream who are seemingly purposefully obvious skating the reality to carry the water for a corrupt wall street necropsy on trial bank what when it really becomes obvious michael is when a situation like hurts the valley where the company is bankrupt and they plan on selling stock in a bankrupt company start going down before and the response by sandy same bloomberg wall street journal is to simply throw up their option say well isn't this novel isn't this strange instead of being like

c.e.o. of the united pancake manufacturers consortium.tinue the popular aunt jemima brand, taking swift action after being made aware the product was offensive 90 years ago. but we're not looking for any accolades, because this is just the latest in a series of us responding to racist depictions of breakfast mascots.

which norlgt a.tham will have rd >> juneteenth commemorates the end of slavery in the united states according to nbc, c.e.oem to cancel all meetings while the company is not makin employees, bezos said they will offer a range of online learning opportunities throughout the day. the 56-year-old ended memo said take time to reflect, support each other slavery ended a long time ago, but racism didn't. >> after being closed almost four months, hong kong disneyland is gearing up for a grand reopening. in addition to deep cleaning throughout the park, coronavirus measures have been established for guests including temperature checks and social distancing in lines and also theaters. park goers will be able to interact with their favorite characters, although they have to do it from a distance across the board what we are seeing in the theme parks when it comes to that, universal. >> yeah, that's what it's going to look like ports same thing. california records a record day for coronavirus cases, we're learning governor gaivvin newso is ordering a statewide face covering. the changes that could soon be coming. >>

c.e.o. of the united pancake manufacturers consortium.ve decided to discontinue the popular aunt jemima brand, taking swift action after being made aware the product was offensive 90 years ago. but we're not looking for any accolades, because this is just the latest in a series of us responding to racist depictions of breakfast mascots. i don't need to remind you that in 1912, we agreed to remove from the shelf drunky o'leprechaun's paddy wagon o'liquid gold. it was wrong and delicious. then in 1926, we again took action when we discontinued papa giuseppe's mamma mia. that's a spicy buckwheat gravy. but we were not finished. in 1950, after a minor uproar, we decided to stop selling cousin abraham's mashugana flapjack schmaltz. and now, a merely 70 years later, we're discontinuing aunt jemima. you have spoken, and we listened. but don't worry, you'll still have plenty of options for your breakfast topping like chairman wow's revolutionary waffle yaki. what? since when! >> it's "a late show with stephen colbert." tonight: dangerous curve ah

c.e.o. of germany's siemens joe kayser recently told t w so the united states is the number 2 everybody sort of in those well there will be number one at some point everybody knows that number well in the in the business segment should become number 2 whether i get. so fired and president trump has chosen as his key weapon import tariffs he's at one point or another imposed charges on almost all goods from china and bilateral trade well almost 15 percent in 2019 january so progress with a phase one trade deal signed between beijing and washington but within weeks the arrival of coronavirus on the 2 presidents doorsteps it focused minds elsewhere. now earlier i spoke to case rock director of information and spokesman for the world trade organization and i asked him whether off the twee is there any closer to a winner in this trade conflict marco there are no winners in trade or we see losers really across the board whether it's the american consumer is $650.00 more for goods and services as a result whether it's german car companies that manufacture cars in south carolina whether it's hard fa

c.e.o. mark zuckerberg says the social media unit is implementing a number of new strategies to combat bothate speech and voter suppression. >> if we determine the content may lead to violence or deprive people of their right to vote, we're going to take that content down, no matter who says it. >> reporter: zuckerberg has been criticized for not removing a post from president trump earlier this month where the president appeared to threaten to start shooting looters during mass protests over george floyd's killing. since then, civil rights groups, including the antidefamation league, and the n.a.a.c.p. pushed for an advertising boycott. verizon and unilever joined the growing list of companies that announced they would stop buying ads on facebook. in may, zuckerberg told norah why he's been reluctant to censor controversial posts. >> i think you want to have a pretty high bar for telling people if they can't say something. >> reporter: today, zuckerberg says there will be exceptions. >> we're going to start labeling cotent that we find newsworthy, that might otherwise violate our policies.

c.e.o. of the mints the german industrial giant has strong roots in the united states including over $50000.00 workers and in an exclusive interview on the news joe kayser said he was quote very concerned about the crackdown on protesters very concerned about this one really because 1st of all i mean this is one of the because democracies in the world and they have been looking to hong kong and have been very concerned about the fact that people are not able to call in the streets and peacefully with opinion it seems we see it seems we see a similar method in one of the most prominent and to create this country's hopeful times i believe it was a lift after 6 years i left the country so i am really concerned that i do hope that the government and everybody in the leadership you know basically get those matters under control and allow peaceful demonstration your thoughts look at the violence on the control before the protests in the u.s. even before the coronavirus crisis came along the trade war between the u.s. and china was the number one concern for global businesses not in his interview wit

are plenty director of the europe regional department of the united nations world tourism organization and in bangkok is mario hardie c.e.o. of the pacific asia travel association thank you all for joining us i've got a sort of an opening thought here which i want to put to all of you and get a brief response from each of you the idea that postcode 19 whenever and whatever that is this could go one of 2 ways either we've learned some lessons and we think more about how much we travel where we travel how we do it. and we think about the implications of that or everything goes back to normal because people have been cooped up for months and i just want to get on holiday and they want to get out and travel again. rashid i'll start with you which one of those scenarios do you think is more likely to happen. let me just say a brief words about the development of the pending you can rocco if you are mates me this is a brock who. do the market state has managed successfully depend dimmick and did as there was the population have shown that entire stick of solidarity and depended because the well controlled of 6 from the control

c.e.o. of germany's siemens joe kayser recently told t w so the united states is the number 2 everybody's sort of those well china will be number one at some point everybody knows that number one in the in the business segment should become number 2 whether i get. so 5. and president trump has chosen as his key weapon import tariffs he's at one point or another imposed charges on almost all goods from china and bilateral trade fell almost 15 percent in 2019 january so progress with a phase one trade deal signed between beijing and washington but within weeks the arrival of coronavirus on the 2 presidents doorsteps it focused minds elsewhere. now earlier i spoke to keith rockwell director of information and spokesman for the world trade organization and i asked him whether after 2 years we're any closer to a winner in this trade conflict. mica there are no winners in trade or we see losers really across the board whether it's the american consumer pay $650.00 more for goods and services as a result whether it's german car companies that manufacture cars in south carolina whether it's farmers in

outside of politics of real world jobs how do you feel about the president of the united states to the electing a c.e.o. billionaire make america more stable less corrupt and so i don't necessarily like the way the president talks about women and fact i don't like the way talks about women that i call i don't like a whole host of other things but all i was 3 is the american economy is functioning this getting stock market highs all the time the unemployment rate not just for the average of the society but also for minority groups is that all time lows there are some big concerns that they're dealing with but we all have to accept that americans have made enormous sacrifices and unfortunately until european governments start to take more responsibility for what they have to pay and more generally we start to feel sympathetic for what is happened to that an economy and that country i think we're being a bit too simplistic ok on that note we're going to take a pause join us for part 2 of a very lively discussion here with. we're going to talk about china democracy development and we're going to hear from

social media platforms in the united states have been criticized for not doing enough to stop campaigns of hate and misinformation you may remember facebook c.e.o. mark zuckerberg refusing to ban political advertising even if the message of the content are not truthful or twitter was also targeted until last week that's when twitter 1st flag tweets posted by u.s. president donald trump saying that the content of those tweets was in need of fact checking on tuesday as the african-american george floyd was being laid to rest and in a major corporate conciliatory overture twitter c.e.o. jack dorsey announced juneteenth will be a company holiday and he tweeted both twitter and square are making juneteenth which is june 19th a company holiday in the u.s. for ever more a day for celebration education and connection now the holiday gets its name by combining the words june and 19th the date june 19th 865 is the day that union soldiers told the last remaining slaves in the confederacy the u.s. south that they had been emancipated that they were free and that the civil war was over all right let's put this in some historical perspective tonight my next

c.e.o. on talk to our just 08 hours on thursday june 4th at 1630 g.m.t. in the united states covered 19 is disproportionately killing african-americans to make matters worse testing is scarce in poor largely minority neighborhoods but one doctor's in new jersey is addressing that issue given elizondo went to meet him. trying to stop the spread of corona virus not from a hospital but from the back of a van it's the idea of dr alexander salerno who is offering mobile testing 1000 infections as well as antibodies they can medically salerno when a family health clinic for 30 years was dismayed by the inaction of authorities and the near non-existent testing in poor communities hit hardest by the virus he took matters into his own hands and spent more than $40000.00 to set up a pop up clinic his team tests more than $100.00 people a day in economically depressed neighborhoods of new jersey what initially gave me the idea it was really ice cream trucks and food bending trucks because you know in urban areas. trucks are very much part of summer time and so we came up with the

c.e.o. and president of two publicly traded software companies, free markets incorporated and prior to that, was a consultant. he is a graduate of the united states military academy of west int and has a p hmp d from princeton university and former army officer and is a soldier and statesman and interviewer and a scholar and -- entrepreneur and it is a real pleasure. we asked david to join us. and slept paper on economic might, national security and the future of the paper he co-authored. and it has a very important .deas that we have to discuss and associated economic crisis stronger and even more competitive. and david, you had a unique advantage on the u.s. economy over the past two decades especially from the 2008 financial crisis when you served as under secretary of treasury and c.e.o. at bridgewater, what motivated you to write this paper to sustain this? mr. mccormick: thanks for having me and join me on the podcast and i'm happy to talk about this paper and something i was thinking about for years and came out of my time in the government where i reported the economic and the national security team and also served in different rol

war with the united states also as black lives matter draws the world's attention will look at how silicon valley and the world of finance has really failed black people talk to the c.e.o. to fund black businesses. and state backed cyber attacks they're nothing new but they're also on the rise during the pandemic and the targets are the vaccine makers and the bar. these are i think we can all agree extraordinary times but zoom out and you'll see the big picture is just as unpredictable we're focusing on europe this week which is that a bit of a crossroads when you consider the pandemic as well as an expansive china and a retreating united states as we know president trump has a habit of undermining his allies he surprised a lot of people by saying he plans to withdraw 9 and a half 1000 troops from germany and a decision to expand sanctions on a gas pipeline from russia to germany has been met with anger and belin. it is the rising threat from the east looming large not only china's human rights record it's aggression towards its neighbors but fears that it could actually use the pandemic to establish its economic supremacy across europe we'll talk it all through in a m

c.e.o.'s it was built by the great american movie class which is built by unions and our central workers you know i know there's enormous fear and uncertainty uniting the country i understand. i know so many americans are suffering suffering loss of a loved one suffer an economic hardship 100 can i feed my family tomorrow it's going to happen suffering the way to generation after generation after generation i've heard inflicted on people of color and black brown and native communities in particular like many of you i know what it means to grieve my loss is not the same as losses felt by so many but i have noted it feels like when you think you can't go on i notice means to have that black hole in your chest or your grief has been sucked into it just a few days ago mark the 5th anniversary of my son most passes from cancer and they're still moments when the pain is so great it feels no different than the day i sat that good as he passed away but i also know that the best way to bear loss and pain to turn it into anger and anguish into purpose and america is know what our purpose is naish that's to be guided and to be guided. guided us from the very

united tates is politize -- things. max, be well. next, we're going to talk about communities banks and how they're providing a lifeline for a lot of small businesses during this pandemic. the chairman and c.e.oof the american financial exchange is going to be on talking about this and more. this is bloomberg. ♪ romaine: welcome back to "what'd you miss?". let's get a quick check of the latest business flash headlines. microsoft closing all of its physical operations, part of a strategic change. they're going to keep investing in digital storefronts on its website but -- plus stores offered in ex box. and the raper now going to have his own line of clothes for women and kids, kanye west. called easy gap. what else? the news has shares soaring too. it's going to put his upscale combranled in a broader market. and at costco, a little bit of a puzzling and bitter moment out there. the chain has confirmed it's no longer going to sell its famed half-sheet cakes. a multi-pound creation that's been the star of many kids' and adults' birthday parties. it is related to the coronavirus pandemic. the company citizen it will cut down on personal contact and increase social distancing and that is your bus

c.e.o. of the robin hood foundation in new york city, you-- you spend your time working to reduce poverty and the effects of poverty in the city. cities all over the unitedan the more- rural, suburban populations of the united states. what do you think, when this is over, this is going to mean to our cities who have been affected with so much illness and, sadly, death, because of covid-19? how do you think it's going to change our cities? >> yeah. well, you know, i think one thing that's important for us to understand is how covid has hit people in the cities. while it's hit everyone in the cities, it has not hit everybody equally. and i think that's also going to help to lend and frame up about what we think about the future of our cities. because we've seen disparities in health that have been allowed to exist far too long and have not just revealed themselves but also been exacerbated. you know, black and brown communities are dying at twice the rate from covid-19, and that's really because we've allowed it. and i think about it where, even in my own case and why this is a very personal thing for me, you know, my father, died when i was three years ol