In April but further delays are expected the court says the Trump family should be given a chance to challenge the release of banking records they think are too sensitive and Deutsche Bank has said in a court filing that it does not have Trump's tax returns add this to the pile of legal disputes over Trump's financial records that will likely be taken all the way to the u.s. Supreme Court Bobbie Allen n.p.r. News Washington President Trump's comments today a trade deal with China by now materialized until after the 2020 election did not play well on Wall Street all the major u.s. Stock market indices tumbling on the comments begin on the sidelines of the NATO summit meeting in London troubled with the market at record highs recently it's Ok for stocks to fall the Dow dropped 280 points today 22700502 the Nasdaq fell 47 points this is n.p.r. Support for n.p.r. Comes from n.p.r. Stations other contributors include the John d. And Catherine t. MacArthur Foundation recognizing exceptionally creative individuals this year's MacArthur Fellows and more information are at max found dot org and the listeners who support this n.p.r. Station for Connecticut Public Radio I'm Ray Hardman in New Haven now has stronger lead poisoning standards the board of alders unanimously passed an amendment to the city's ordinance Monday night it requires the health department take action when a child under the age of 6 tests with a blood lead level of 5 or greater the revision changes the ordinance that Mayor Tony harp had submitted earlier this year after multiple lawsuits were filed against the city for not enforcing existing lead laws Shelly white director of litigation at New Haven legal assistance says the amendment clarifies the language an ordinance now we includes language to say that the city shall which is very important mandatory language say the city shall take all necessary actions to make determinations about lead paint hazards and to order the abatement of such hazards as necessary in other words. Inspections and investigations will no longer be at the Health Department's discretion the new law also requires the health directors had to submit policies and procedures for implementation to the board of alders by May 1st of next year the Navy is awarded a $22000000000.00 contract to Groton shipyard electric boat and its partner Newport News Shipbuilding to build the next block of Virginia class submarines a contract which has been in negotiation for more than a year calls for the building of 9 boats with the option for a 10th of Congress provides the money the contract includes a 6 month review of operations at the shipyards to make sure their workforce can keep up with the work before a 10th submarine is awarded clear early than increasing clouds lows in the twenty's this is Connecticut Public Radio support comes from ever source sponsor of energized c.t. Offering energy saving solutions for home or business learn about energy assessments energy saving products customer recommendations and on the spot improvements at ever Source dot com The House Judiciary Committee enters a new phase of the impeachment process tomorrow as they hold a hearing on the constitutional grounds for impeachment join us for live coverage from n.p.r. Beginning at 10 am on air and online at w. Npr dot org. This is All Things Considered from n.p.r. News I'm Mary Louise Kelly and I'm Elsa chair President Trump is in London today where he's meeting with other leaders from the NATO alliance he had a series of one on one meetings today these events are meant to be quick but no matter who he was with the president kept talking to reporters White House correspondent Tamara Keith is traveling with President Trump She joins us from London. So it seemed like every time I looked up at the t.v. Today President Trump was there making more news can you just me how long did he spend talking with reporters today it was a total of 122 minutes which is a lot by any standard Yeah and as you say he was able by doing this to dominate television at least this morning it's something that he has used sort of strategically at other trying times in his presidency just to give us a sense of the waterfront here here are some of the things he addressed NATO ISIS China trade North Korea Russia the stock market 5 g. Technology impeachment and he even announced that the g 7 will be held at Camp David next year on open rehab news he has said on more than one occasion he turned to the poor reporters and said Anybody else got questions were ours they did right of course so it sounds like he talked for over 2 hours you gave us one top headline the next g 7 will be at Camp David what are some other top headlines today that he announced the most notable thing is that this was at the start of a NATO summit meant to celebrate 70 years of the alliance and he was openly feuding with French President Emmanuel McCraw McCrone had recently said in an interview that he felt that the NATO alliance was experiencing brain death and he was sort of critical of the United States in that interview that put President Trump in this weird position of suddenly even though Trump has been very critical of NATO in the past he was suddenly defending NATO he was doing this while sitting next to NATO secretary. General just can't go around making statements like. It's very disrespectful that is very different from what he sounded like last year Absolutely I mean he's previously called it obsolete but now he's saying McCrone was saying nasty things about NATO and you can't do that Interestingly though when McChrystal was in the room with him a few hours later Trump was much more conciliatory saying Oh I'm sure we can work things out but McCrone was actively pushing back on the president and a number of areas he wasn't mentioned that Trump talked about impeachment it's of course the topic that no one can ignore right now tomorrow is the 1st House Judiciary Committee hearing in the impeachment inquiry did the president talk specifically about what he expects to see tomorrow he did and the White House is not participating in that hearing he decried the process is completely unfair you know he was sitting next to world leaders openly bashing congressional Democrats and also argued that he has done nothing wrong so why should he be impeached a reporter then asked him Well if you've done nothing wrong then why not let some top aides who the White House has been blocking from testifying people like acting chief of staff Mick Mulvaney and Secretary of State Mike Pompei Oh why not have them testify on his behalf so it's fair. To say. I would love to fight. Mitch I'd love to have Rick Perry. People. But I will testify when this is a total search so what he seems to be saying is that the House is controlled by Democrats he doesn't think they can be fair but maybe in the Senate he would be open to letting his top aides participate I think that intil And if this gets to the Senate for a trial it's hard to say how the president will react because up until this point the White House has worked very hard to prevent people close to the president from testifying That's Tamara Keith n.p.r. White House correspondent traveling with the president. In London Thanks Tam you're welcome Let's focus now on a man about to step into the spotlight Jerry now after Democrat of New York and chair of the House Judiciary Committee which is about to take over the next phase of the impeachment inquiry the 1st hearing is set for tomorrow morning so who is jury now Adler and what should we watch for as he takes the baton questions to put to Susan Glasser of The New Yorker Hi Susan hi there so who is jury now what do we need to know about him one thing that's pretty fascinating is that turnout there has basically made almost a career of going up against Donald Trump he is a long time Democratic congressman from the West Side of New York City which means he's going to have history exactly exactly I he wears it like a badge of honor he was once called the arch enemy of Donald Trump by a local paper in New York a couple decades ago fascinating All right so I want to get a sense of how the jury now Adler might conduct himself what kind of hearings he might be planning what kind of role he might be planning for his committee we do have some sense of how he might run a high profile hearing because it was his committee was one of the 2 along with the Intelligence Committee that over the summer held the hearings with Robert Mueller special counsel How did not learn navigate about what might that tell us about what he has planned for this for this next round with Ukraine it's no secret that he does not occupy the place in the current Democratic firmament that Adam Schiff does the chairman of your house intelligence committee here just ran the impeachment hearing surrounding that the Ukraine affair and the man you know ship is both of extremely close ally of House Speaker Nancy Pelosi and perceived by Democratic members of the caucus to be an extremely effective public advocate or has both a lower key persona and he just he just not as much a creature of the current media moment as shift. Is that he's not been as adept at it and I think his colleagues it's no secret did not have the same level of confidence in him to take charge of this very complicated fast moving Ukraine story so you're raising or maybe hinting at a couple of things one is jury not lawyers less prone to speak in media ready sound bites another is just how he will deal with he has of bigger committee a committee that is known for being more unruly the Me Intelligence Committee which out of sheer Frons what do we know what is your sense of how he might deal with Republicans who will be on his committee and who will be ready to try to do real his efforts Well that's right I think it is an important point you're making the Judiciary Committee is perhaps the most partisan and fractious So there's a huge contrast in that the 2 I think that House Judiciary for better and often for worse reflects the nature of the House of Representatives itself today which is to say 2 sides shouting past each other into the night and that makes it I think pretty hard for another he also has a ranking member who is much more aggressive folks juggling exactly who's a who's a lawyer who is focused on process and we'll be looking to further make the chairman's life difficult as we move into this writing articles of impeachment phase of the impeachment I want to bring in jury now to herself we have a little bit of tape from him this is from a July interview he gave to c.n.n. It was right after Robert Mueller testified and jury now Adler was talking about President Trump my personal view is that he richly deserves impeachment is done many impeachable offenses he's violated the word 6 ways from Sunday so to flag his words there this was Jerry Nadler in July saying Trump richly deserves impeachment he has come under fire for that from Republicans saying how can he run a fair hearing now he has a bias issue. Was on full display months ago you know both sides have not exactly been shy of edge showing their hands here what's interesting is that both now and many Democratic members of his committee were pushing much more aggressively than Adam Schiff in the Intelligence Committee Nancy Pelosi they were very reluctant actually to open impeachment proceedings and so one thing to watch for now that it's going to be in house judiciary is whether they still trying to include some of the mole or reports content in articles of impeachment Well there are 10 alleged obstructive acts described in the Mohler report will those find their way into the articles of impeachment that come out of now there's Judiciary Committee I think that's an open question Susan Glasser of The New Yorker thanks as always thank you Mary. President Trump has a plan to end HIV in America by 2030 and today administration officials announced the 1st real life program to help them get there the program will provide a free HIV prevention drug to people who are at risk and who don't have prescription drug coverage without insurance the drug costs more than $20000.00 a year N.P.R.'s Selena Simmons Duffin has more over a 1000000 people are risk for HIV infection according to government estimates but only a fraction of them are on prep or pre-exposure prophylaxis Truvada is the prep drug that's been on the market for years now the idea is you take this daily pill and then if you're exposed to HIV You won't get infected it's very effective it doesn't have a lot of side effects but then there's the monthly price tag the current list price is 1780 in the United States that's Daniel day testifying before Congress in May He's c.e.o. Of Gilliatt the drug company that makes Truvada a generic is available overseas for around $6.00 a month the program announced today doesn't change that u.s. Price tag instead it allows certain people to get the drug for free Here's Secretary of Health and Human Services Alex is are talking to reporters this morning to receive medication through the program an individual must have no prescription drug coverage test negative for age i.v. . I have a valid on label prescription of corporate asr says taxpayers will initially pay Gilliatt $200.00 per bottle for distribution He said they're trying to find a cheaper system this all comes at a bit of an awkward moment for the government and the drug maker last month h.h.s. Suit against the ad over patent infringement we are now in litigation Gilliard has filed against us we have filed against the only other this is not related in any way prevention efforts with prep and other tools like condoms and clean needle programs are only part of the plan to end the HIV epidemic it also calls for more HIV testing and for people who test positive to be on treatment nearly 40000 people get infected with HIV every year that works out to about 100 every day and those numbers haven't budged in years Selena Simmons Duffin n.p.r. News. And you're listening to All Things Considered from n.p.r. News. Tune into great stories any time just ask your smart speaker to play Connecticut Public Radio with the Connecticut Public Radio weather report to meteorologist Tyler Chan Kosky we start out tonight clearer than the clouds start to move back in late tonight the window also diminishes with a low in the twenty's and tomorrow a lot of clouds a flurry is possible but nothing more than that the high near 40 Wednesday night is also mainly cloudy not as cold because of that the lower around 30 Wednesday night and on Thursday a mix of sun and clouds flurries in the Northwest Hills windy as well I think the gusts Thursday will be over 30 miles per hour with a high near 40 and on Friday a little clipper system might come through with rain and snow showers the high on Friday near 40 with the Connecticut Public Radio weather report to meteorologist Tiber Chan Kosky our weather reports are made possible by Dunn caster retirement community Gaylord specialty health care and ever source I'm Tanya Moseley from N.P.R.'s here and now when p.r. Was founded we had ambitious goals for public radio to bring quality journalism to everyone period no strings attached decades later we're keeping that promise and that means we rely on you everyone can listen to the station and when you supported this Giving Tuesday you helped keep our promise Here's how to keep public radio for the public but I w npr dot org slash donate Thank you. Support for Connecticut Public Radio comes from a vital projects funded the Museum of Modern Art a new moma is here with expanded galleries and spaces for a live performance making art and conversation more info and tickets at Moema dot org support comes from the Connecticut Humane Society serving pets for 138 years joined the year end challenge with a gift to pets in need today make medical care possible so pets are home for the holidays more at c.t. Humane dot org. Support for n.p.r. Comes from this station and from t. Rowe Price offering a strategic investing approach that examines investment opportunities 1st hand institutions advisers employers and individuals choose to Rowe Price Price invest with confidence and from c 3 dot a i c 3 dot a I's software enables organizations to use artificial intelligence at enterprise scale solving previously unsolvable business problems learn more it see 3 dot ai. This is All Things Considered from n.p.r. News I'm Mary Louise Kelly and I'm else the Chuang when Donald Trump Jr's new book 1st topped the New York Times bestseller list it raised eyebrows and not just because of who the author is beside the title of the book which is triggered how the left thrives on hate and wants to silence us was a dagger that symbol meant a portion of the book sales were made in bulk which led some to question whether Trump deserved the top billing the answer as N.P.R.'s Rose Freedman explains is complicated for anyone involved in writing or publishing books The New York Times best seller list is the holy grail I still remember the very 1st time that I got on the list for an indie press in the middle of the Midwest Yeah it was absolutely the most extraordinary moment of my life Dominique Rocca is the publisher of source books near Chicago nobody quite knows what goes into making a New York Times bestseller The paper doesn't reveal its methodology other than to say in part that it's based on a quote detailed analysis of book sales from a wide range of retailers so I asked the people who are in the best position to make educated guesses about a book sales publishers who watch the list closely you expect that if it's wrong at the cash register it's reported to the New York Times and is reported to the publisher all of those things a line equivalent that is not the experience we have that's because nowhere in the world is there a straight up list of how many copies every book has sold it just doesn't exist sure publishers get numbers from Nielsen book scan which pays retailers to report their sales and yes publishers ship books to Amazon Target and Barnes and Noble and get sales figures back but some books go through middlemen distributors who sell to many independent bookstores and not all of them report their sales Dennis Johnson co-founder of Melville House says he only really knows for sure what he sends out I can look at each account in the country that has taken the book directly from our warehouse and so I know how many books are out there but that is not a so. Al's reporting service really is an ordering service and then there are books that get sold to 3rd parties for example if you do a book on health care and never has some kind of health care organization or hospital that wants to buy the book for its employees that has a healthy business efficiency to it because the publisher is selling directly to the hospital this happens all the time an organization thinks the book would be good for its employees to read so it makes a bulk order since the sale didn't go through a store it wouldn't get reported to best seller lists but here's where we need to make a distinction if someone had instead bought the books from a bulk buying arm of the big book store that would get reported and if the book does make the bestseller list that bulk order would be noted as part of its sales which brings us to later. From Junior's book triggered was the subject of at least one bulk sale in its 1st week according to a Federal Election Commission filing the Republican National Committee paid Books a $1094800.00 that was likely around 4000 copies there have been reports of other bulk purchases by conservative organizations that's why triggered has that little dagger symbol on the New York Times bestseller list but every publisher I talked to told me the same thing Dennis Johnson did well what's like he might have made that list anyway the r.n. Sees one purchase was probably not what got the book on to the list initially it was the rest of the copies 71000 in that 1st week according to Nielsen books get given by every conservative organization with promoted him or newsletters I'm t.v. And tweet that generates p.r. And p.r. Generate sales I would go right in Schleicher is special sales director at porch light books a bulk sales company which mostly supplies books to conferences or institutions he says even if an author tried to make the best seller list through bulk orders it wouldn't work every author that has a platform of any kind wants to make a pass out of us and there are a lot of authors will ask how do we get these considered. I never go we tell them you don't block there is a way to game the system says Dennis Johnson but it's not what those big bulk orders probably the safest way to do that is through employ services that will calculate how many books you need to sell and given markets to get you onto the bestseller list so they will call the leading book store in Atlanta that they know is a store that reports the New York Times and they will say we want to buy 36 copies and then they'll call the store in Miami they will say we want to buy 21 copies and those will not appear to be book sales this practice makes publishers like Dominic Rocca uncomfortable you care about the best sellers list because you believe it to be an indication of what Americans are reading The problem with this particular kind of system is that it's actually inflating numbers in such a way as to not be representative of what of our kids are actually reading of course once a book is sold it's anyone's guess as to whether Americans are actually reading it or just letting it collect dust on the shelf Rose Friedman n.p.r. News New York now to an ad that has been causing quite the stir in the last week are you ready now. The time and a peloton that would be a peloton exercise bike it is a stationary bike and it costs well over $2000.00 the and it features a husband giving his wife one for the holidays and then the wife proceeding to take a series of selfie videos on the bike 1st try anything there was excited to see. And then finally by the end of the Year husband and wife are shown cuddling on the couch watching her fitness Odyssey accomplishing. Makes this exclusive. Think she'll this holiday give the gift of color to. Well Twitter has had a treasure trove of responses and here to dig through them with us is Meghan Graham she is a reporter for c.n.n. B.b.c. Welcome thanks Mary Louise talk me through some of the prize responses you have seen there have been so many different issues with this ad I think the funny one is the sort of fitness odyssey that she's been on she looks exactly the same She's a slim and gorgeous at the center right on the finish and then the other part is just this dynamic between her and her husband is he trying to encourage her to exercise more and also she just seems to be kind of seeking his approval and she's so nervous for her 1st ride and then just there's this whole sort of luxury dynamic where people are just making fun of the fact that peloton ads are kind of famous and notorious for showing the bike in just like very fancy room in a very fancy house and it is a very fancy bike Is it revenge is it's cost more than $2000.00 it's true but people kind of just are saying this just solidifies this idea that they're trying to sell 2 very wealthy people know this ad actually came out a month ago it has been playing during an f l games it didn't go viral intil just recently Twitter caught on it's now trending everywhere so I got to ask isn't all p.r. Good p.r. At the end of the day is this ultimately going to be good for probably time you know if this is probably not going to hurt sales they've had other ads that have done really well and it's not that bad this is not an egregious thing that they've done I mean we're sitting here talking about it which is the kind of publicity that money can't buy and speaking of money peloton stock prices up. As of yesterday they had hit their 52 week high and I see 52 week they've only been public since September today they are back down when I have to ask have you ridden one and are you tempted by this do to work on your March out of to your shopping list for the holidays well yeah not that I could afford 2000 dollars right away but you know even if my parent company Comcast and b.c. Of us all wasn't an investor I'd probably like to own one if I could but they are fun I have tried them that is Meghan Graham she covers after typing and marketing for c n b c Thanks very much thank you Mary. Perhaps you've been listening to All Things Considered from n.p.r. News. For Connecticut Public Radio Hardman with these news headlines Police in Connecticut are looking for a one year old girl who went missing from a home where they're investigating a suspicious death and so many a police say they conducted a welfare check out a home in town and found the girl's mother was dead in what's believed to be a domestic homicide Connecticut Treasurer Sean wooden plans to divest $30000000.00 worth of shares in civilian firearm manufacturer securities the plan requires approval from an advisory board with this plan also encourages banks and financial institutions to implement gun policies the estranged husband of a missing Connecticut mother of 5 has gone on trial in a civil lawsuit filed by his wife's mother who claims he owes her about $3000000.00 in unpaid loans Gloria Farber is suing Fotis Doulos and his homebuilding company Farber's daughter Jennifer Doulos has been missing since May photo studio says the money he received was a gift he testified Tuesday their Farber's husband was like a 2nd father to him. Marketplace is supported by Charles Schwab when it comes to your money Schwab believes asking questions can help lead to better outcomes learn more at Schwab dot com forward slash compare us what if the trade war really did go on for ever. From American Public Media this is Marketplace. Marketplace is supported by c 3 Dante I addressing the world's most challenging problems at the convergence of artificial intelligence io team and elastic cloud computing c 3. And by Drexel University Drexel University is academic model prepares visionary leaders to address the challenges of a changing world edu slash ambition can't wait to delegate investments taking a personalized approach to helping clients grow preserve and then. Now we'll learn more infidelity dot com slash wealth brokerage services and I'll see you. In Los Angeles I'm a rebel It is Monday today the 2nd of November 2020 good as always to have you along everybody yes 2020 which means it's been a bit more than a year since President Trump said this at that big NATO summit in London I think in some ways it's better to wait till after the election with Joe. But I'm going to say I just think that I just said you. In some ways I like the idea of waiting until after the election. Janet you know well since Election Day 2020 is tomorrow in the parallel universe of this program right now we thought it would be a good idea to get a couple of our trade and economist regulars on the phone to see how the last year has played out in these days of endless trade war it's been very busy as we answer an awful lot of questions for our customers that's Regine blousy is the customs broker at Erie Pennsylvania we've been talking to since way back in 2018 when the trade war was young like I said it is busy we've added some staff because we have to field so many questions we're getting it more into consultation with our customers and I mean that's that's a service we can offer as well besides you know just doing clearances on imported goods So I mean that's good for us so if tariffs an endless trade wars are your business 2018 and 2019 and this year 2020 have been pretty good what they have done to some businesses though not so I think really the dial was cast for all this back in December 29th team when we saw an escalation again in tariffs Brian Duncan's our hog farmer he was reelected as the vice president of the Illinois farm bill. Just before those extra tariffs went into effect that was December the 15th of 19 which means for all of this year for all of 2020 we have had tariffs on virtually everything we import from China and since then says Brian Duncan we've sat here and watched other countries get our business and continue to trade with China while we here in American agriculture are missed opportunities once more says Renee Bowen the director of the Center for commerce and Diplomacy at u.c. San Diego even if a trade deal does come after Election Day as the president hinted at back in London last December and again in our bro universe that is tomorrow Election Day 2020 even if there is a deal Day After Tomorrow it's not like everything's fine one of the interesting things as and not so much what we're seeing now in 2020 but what we're going to be seeing in 2021 what firms know now is that the trade war is going to continue and in some sense that provides them some certainty that's Col Hadley at the University of Michigan Ross School of Business he went on It also creates new uncertainties because they don't know what country is going to be hit by import tariffs next and they don't know what country may respond by retaliating against those tariffs and what products they will retaliate against and so in many ways the business environment at least if you're an international or multinational firm is as uncertain as it's ever been uncertainty in make believe 2020 future days of endless trade wars uncertainty back here in present day 2019 as well another round of tariffs do in 2 weeks commerce secretary Wilbur Ross adds afternoon president has not ruled out automobile tariffs in days to come and we'll have more trade war content in about 30 seconds or so Wall Street on this Tuesday December 3rd 2019 not so happy we'll have the details when we do the numbers. It has been a day and global trade no matter the year we're talking about we're firmly back in 200-1004 the rest of the program by the by and if the China trade war is topic a topic be on this Tuesday is surely the cogito between the us and France last night the Trump administration proposed 100 percent tariffs on about to have $1000000000.00 worth of French imports to this country a clap back if you will to a digital tax that France passed over the summer and getting a bigger slice of the profits tech companies are making over there Amazon Facebook Google of course topping that list 3 percent here the specifics 3 percent on digital companies with more than 25000000 euros in French generated content other countries are thinking along the same lines so we have got Molly Wood on the phone she is of course the host of Marketplace Tech to help sort out the escalating digital tax fracas. So how much the role of fracas right what is a day in and out as. Well. Helping help us understand what is at the root of these proposed taxes because the Europeans of course. Have no love for big American tech companies. Right and I think it it is in some ways easy to conflate those 2 things they kind of general backlash against a big u.s. Tech companies and this digital tax conversation there is probably an element of that in here but it's also to me kind of a sign of the borderless ness of the digital economy you know so so these these countries are saying look a lot of business is being transacted here let's say our citizens are using Google for all of their searches their shopping on Amazon they're engaging in all of this commerce that generates revenue and that revenue none of it is realized by the countries where all of this commerce and all of this business has happened right it was back to those country companies and it might go via Ireland and then eventually end up in the United States and they're saying listen there's no French search engine benefiting here but a lot of Commerce is happening and so we would like a cut of that and not for nothing we have some economic troubles and it would really help us if we got a cut of that but I think it's reasonable to sort of compare it to Amazon back in the day having to ultimately charge sales tax in every state because they said this There's business happening there's commerce happening and revenue is being incurred in this country we should get a cut all right so look if I am Jeff Bezos running Amazon or March October growing Facebook or who is named did it had alphabet Google's parent company as well as as Google I have to navigate $28.00 different economies over there $27.00 once that happens but but it's not an uncomplicated problem right with varying tax rates and all of that. Exactly and so while it might seem like a perfectly fair solution to say that everybody should get a cut of the revenue that's being generated in their country or their city it is in fact a giant mess you know you got your 3 percent in France or Italy 7 and a half percent in Turkey it would become a huge burden because it could be a tax patchwork of lots of different rates so you have companies of course fighting back with lawsuits and lobbying and trying to sort of make this political because yeah they absolutely don't want to have to do this in every country where they do business and it could eventually even for the big guys become somewhat cost prohibitive so on the theory that will there will eventually be a solution what might that look like Will there be some kind of pain European deal or I mean what are we talking here it's so interesting because we are actually in uncharted territory with respect to global taxation and I think it's going to get kind of fascinating if you're into that sort of thing France has said. You know or raise your hand you know. So many hands just out of there I know it France has said that it would prefer an e.u. Wide agreement or even a global agreement the o.e.c.d. Which is the Organization for Economic Cooperation and Development basically like a Global Economic Forum has been talking about ways to address the idea of sort of global digital taxation maybe with a standard which seems like the most obvious course forward but they have only been talking and they've been talking for about 2 years now so I don't know that we can expect any action soon I think things will be stuck in lawsuits and lobbying for a little while longer you've got 30 seconds to answer this one and let's roll in where we started which is Europe not being well the amount America tech companies and the whole g.d.p. Are privacy fairing does does this escalate the tensions between European countries and big tech firm escalate do you think because there's got to be another step this . I think there's another step but I have a hard time believing that it is escalation because these countries are really stuck between a rock and a hard place they actually do need the revenue and they're trying to especially in the case of the u.k. Which is you know looking staring down brags they're trying to lure these tech companies headquarters to London so I I actually think that the tech companies are probably in a strong position here it's a global economy we just live in a Molly Wood she's the host of Marketplace 2nd with me a podcast we do together called make me smart Molly thanks a lot doctors and thanks Guy All right. For a totally new topic now batteries arguably the challenge of our electric vehicle future getting a reliable portable and powerful enough power source that is also cheap enough to get us where we need to go and on that topic some news prices for batteries have been tumbling down 87 percent over the past decade for the battery packs that go into electric cars and energy storage systems those prices are still falling by the way that's all from a new report from the clean energy research firm Bloomberg n.e.f. That is Marketplace's Jack Stewart reports those prices are about to hit a magic number that should make electric vehicles more price competitive with the internal combustion car battery storage is measured in kilowatt hours a large battery for an electric vehicles around 100 kilowatt hours and back in 2010 the average cost for that would have been $11000.00 now it's just over $1500.00 the decline in battery prices it just keeps astounding even all the experts cost us Maurice researches energy and climate change at Carnegie Mellon University nobody thought it would drop this far this fast it did thanks to improvements in manufacturing battery chemistry and tight a supply chain control and the biggest beneficiaries he says are low. Vehicles it's really really important for cars to be electrified in order to deal with climate change and the cheap battery is at the center of that the Bloomberg n.e.f. Report says by 2024 prices could fall to $100.00 per kilowatt hour and that's why Evey's won't have to rely on subsidies to cost about the same as conventional cars Jeff your own at s.p.d. Automotive says the number $1.00 concern for potential electric vehicle Baez is price and when you think about the cost of electric vehicle and they were from $1.00 3rd to one half of that cost is because of the battery that dramatic decline in price means it's now cost effective to use batteries for other applications says Sonia Aga wall at the think tank energy innovation it's going to make a huge difference for household energy use and for the power grid giant batteries hooked up to the grid help balance energy demand so utilities don't have to fire up gas power plants at peak times and houses they help store solar energy for use at night of course all this means demand for batteries is also growing but experts say at the moment it looks like supply will keep up and prices will continue to our Jaxtr of the marketplace. And next week this photo is in Us Weekly magazine how one picture was worth 100000 diapers but 1st let's do the numbers. Prospect of endless trade wars did a number on equities today the Dow Industrials up 280 point one percent close to 27000 to 5 to doubt about a percent and half of the blue chips the Nasdaq down 47 points about a half percent 8520 s. And p. 500 down 20.6 percent 3090. Which could be hit hard by a new chair. Chinese goods set to start in 12 days down 1.7 percent Amazon slid for a 2nd day dropping 2 thirds of one percent day Netflix down as well after a Citigroup board that said the streaming service is going to need to raise prices are going to keep growing the stock down 1.2 percent on the day bond prices rose on the 10 year Treasury notes while the 1.71 percent you're listening to. Marketplace is supported by lifeline lifelong with Norton offers cyber security solutions to help keep Packers out of consumers' devices and personal information and more about the ever evolving digital world is that lifelong dot com And by t. Rowe Price offering a strategic investing approach that examines opportunities 1st hand since 1937 price invest with confidence and by the United States Postal Service offering holiday postage stamps for purchase at checkout at more than 40000 participating supermarkets drugstores office suppliers and wholesale clubs. Support comes from u. Conn's executive m.b.a. Program an accelerated program designed for highly driven working professionals looking to transition into senior leadership roles more at e.m.b.a. Doubt business you can doubt edu Middletown is known for its vibrant Main Street yet the Connecticut city was once a trading port much of the wealth coming into that port was tied to the transatlantic slave trade centuries ago I'm an expert we live we'll hear how a new memorial has brought recognition to middle towns role in slavery you can join the conversation on the next we'll. Listen tonight at 7 support comes from the Lyceum conference center. Support for Connecticut Public Radio comes from a long war theater presenting Pride and Prejudice an ingenious and saucy adaptation by Kate Hamill English Lit gets lit tickets on sale now at Long Wharf dot org. This is Marketplace I'm Kyra's doll it was as you just heard the sad music today days of endless trade wars and all that but as iconic as we heard marketplace would like to believe the set or the happy music is free market capitalism does have another sonic signature the sounds that begin and end the trading day marketplace just in home as though. It's nearly 9 30 in the morning the trading day is about to officially begin. Right now a few players from the Harlem Globetrotters are standing on the marble balcony above the bustling trading floor of the New York Stock Exchange at the moment they're tossing basketballs back and forth with the crowd below Finally it's time. I will try their Big Easy loft and is pressing the button that rings the back with his other hand he's spinning a ball on his index finger often supposed to ring the opening bell for 10 seconds the closing bell rings longer you must hold that button down for 15 seconds they tell you that if you don't hold the button down for 15 seconds then the members are going to blow you that you didn't do it correctly that's Jim hsien the c.f.o. Of Hormel Foods the company behind spam Columbus' meats and Skippy peanut butter back in October the exchange invited the company to ring the closing bell 15 minutes before it happened Hormel c.e.o. Surprised by giving him the job of pressing the button you know I've been with company for 41 years so I've had a long career with the company it's one of those things that is almost the culmination of a career for me the exchanges used brass bells the book in the trading day ever since 1903 before that used a Chinese gong and usually exchange officials would ring the bell then in 1905 the n.y.s.e. Started inviting companies to do the honors John Steele Gordon is a Wall Street historian he says it was the early days of the dot com boom t.v. News was covering more of what was happening. On Wall Street and companies realize that ringing the bell could give them a little publicity talking share it with more than happy to make this available because it gave the New York Stock Exchange good publicity to people in the up on the marble balcony for all sorts of reasons executives ring the bell when their companies go public or if they're releasing a new product the Harlem Globetrotters are about to start an international tour Betty Lou is the exchanges executive vice chairman this year alone you know for instance of course running for their i.p.o. They have one of their drivers ring the bell we have 1st lady Melania Trump come recently and she rang the bell and almost to me feels like when you give away the key to the city that's Ian Bremmer founder of the consulting firm Eurasia Group like you know the mayor does that it it's kind of this on a horrific in a place that a lot of things seem a femoral it's something that we've been doing for an awful long time and he's rung the bell twice once in 2009 and again in 2018 after he started the new media company called media both times he said the stock exchange invited him was like it was a great new company you do and want to you thought when you have a chance let's figure out a time that you guys come in ring the bell and that wasn't something we were lobbying for Betty Lou didn't divulge how the selection process works but there is a request form on the n.y.s.e. Website the form says the bells reserved for public companies listed on the exchange but sometimes there are last minute opportunities for quote deserving nonprofit organizations we were on our way to present our work out there and got this call at 630 the evening before the bell was supposed to be rung that's back of the mail She's the executive director of City growers a nonprofit that teaches young people about farming apparently the company that was supposed to ring the bell had dropped out the chair of the board of Citi growers George as she called and just said hey guys wondering the opening bell for the New York Stock Exchange and I was like oh is that a thing is that something we should do in Jordan is like yes. It's definitely something we should do the male had 30 minutes to. Her together a list of people who would be there she brought along a few colleagues see growers' program manager Ron l. St George press the button I was really excited about it because I did learn about me in the study at and I was watching same during the bell you can tell he's excited. He beamed as he presses the button with his fist in the air yeah I was front of the market as one of the shares a good day after ring the bell St George signed the wall in the back room and went home with a plaque that day the s. And p. 500 and the Dow closed up in New York I'm just in how much less. Regular listeners will know that we talked on a pretty regular basis with the C.E.O.'s of companies that shape our everyday lives you can listen to those interviews in their entirety by the way in our corner office podcast but those companies are mostly big entirely for profit and generally corporate companies for the next couple of weeks though we're going to talk to people running nonprofits and charities which it has to be said here also shape people's lives we start with co-presidents of an organization called the baby to baby Kelley story Patrick often Nora Weinstein run the thing nor service off when they came into the studio the other day with the elevator pitch. Well our elevator pitch is very simple and it's that we provide diapers clothing and basic essentials to children in poverty who deserve them and I say that it's simple because it's really a very old fashioned form of charity people generally want to help children in need and we give them a very tangible way to do so there are though Kelly dozens hundreds of organizations with a very similar mission statement What's your business different here I think we've always looked at a baby as a business and we've never looked at it as something that was going to be small and that was going to help and I think people got behind us because no there is no food stamps don't cover diapers these families are paying to 14 percent of their income on diapers it's so expensive and when you really like look at these facts you can't imagine being in a situation not being able to put a diaper on your baby or emptying your baby's diaper out and handing it to dry and putting it back on your baby Those are the realities that the families we serve refacing nor nature I mean to that of course I don't know that there's hundreds or thousands of organizations doing similar work there are and we partner with them and admire them and want there to be more and more but we're truly a middleman to these other organizations where we are solely focused on getting them diapers clothing car seats strollers warm clothing pajamas bottles formula school uniforms backpacks and there it's actually they're actually not that many so it's sourcing and then distribution right so in essence you too are running a logistics company we are again found ourselves running a logistics company right now what we thought when we started well no but look you you and this company and where we are in this city you to come with a differentiator and that is the role of influencers and celebrities and your social circles. That have permitted you to expand. How did that come to pass to do just like call Jessica Alba and say hey do you have some spare diapers It's funny we retell the story a lot and we had a event where we begged our friends to help us get alcohol sponsors and space are sponsored and all these things and we invited Jessica Alba and Nicole Richie who are 2 of our founding board members and one of our friends who is n.p.r. Who happened to help us out that night it's always somebody you know somebody yeah brought up a target for take a photo and the next week this photo was in Us Weekly magazine and it said the baby to baby event with Jessica Alba Nicole Richie we were and the photo were Ok. And we're at our $600.00 square foot warehouse and we got a phone call and it was like oh this is Edelman p.r. And we'd like to throw an event with you and we like to give you 100000 diapers and 800000 dollars you represented Kimberly Clark who. Was a sad story so. I'm going to go I never doubted today as we were in the business of saying yes and as they were saying Do you accept pallets were like Palin like of course exam ballots they're like do you have a forklift and we're like yeah we're a forklift with no forklift with nothing and the truck showed up with a $100000.00 diapers and we unloaded on ourselves with our one in turn in our heels and he flew off the shelves. We realized that early on that utilizing these influencers and celebrities could be a key to our success and growth so we've continued to surround ourselves with a group of women both board members and extension of our board that we call our angel group and they're not names on piece of pieces of paper they are women and they are all mothers and they bring in their own companies to volunteer they also give us millions of items from companies that they've started. They do similar events where in return for a sponsorship they will pose for a photograph that allows us to get millions of dollars and millions of items so we've utilized them and it's really worked so there's a growth and scale question to be asked right show how are you going to grow this in a way that lets you stay true to your mission when there is so much opportunity you need SARS so I would start by saying I'm going back to the narrow mission because what we have found is we have identified this category of need which is for these basic essentials and it is not stopping we have at all times a wait list representing over $50000.00 children in Los Angeles alone the numbers in the country are exponentially more than that and every how Michelle to her hospital domestic violence out there school district that hears about us says We would love to be a part of this so our school so we're not we're not interested in growing beyond the mission of doing now that we're interested in reaching more children with the mission that we've already established nor wants to close our Petroff company called baby the baby thank you for coming. Here. The extended version of the. President's baby baby the baby is on a corner office including by the way how that whole president thing work. Today which struck a chord because I spent part of my morning digging out from my latest expense reports the Roger company is out with its just a tad early it has to be said year and lists the most 2 tourist attraction in the world the state building number 2 Freedom Tower just. A reasonably short subway ride away I will point out the most popular data taken over the Saturday of St Patrick's Day weekend. Marketplace is a part of. Generations of northeast farm families working together to produce naturally aged cheddar cheese for your family's more information. And international firm or lawyers work every day to help clients. Barriers and shape markets. Dot com All right we've got to go. Though really we do. $180.00 points today one percent the Nasdaq down $47.00 points about a half percent s. And p. $500.00 down $20.00 tenths of one percent for digital and the man team includes Janet when Oxman Brian Han and. I'm Carl Rochelle we will see them are but. This is a pia. Support comes from u. Conn's Jorgensen Center for the Performing Arts and stores celebrate the magic of the holiday season with the Boston Pops holiday concert by conductor Keith Lockhart on December 14th. At e.t.u. a Jellyfish sculpted from golf balls a Sea Dragon. On the Oregon coast a local artist is using plastic garbage that washes ashore to raise awareness about I want to reach and. I want to reach people who might throw something. Into art tomorrow on Morning Edition from n.p.r. News. Support comes from the law firm of Brown Scott this is Connecticut Public Radio. At 90.5. 89 point one w. . Stamford 88.5 w. Our allies Southampton at 91.3. 90 point one. Org The following program was previously recorded. This is where we live from Connecticut Public Radio I'm loosing all the financial little town is known for its vibrant Main Street but the city began as a port on the Connecticut River a port tied to the transatlantic slave trade today where we live we hear about efforts to bring recognition to Middletown sprawl and slavery and we also learn about members of an African-American family in that city who are at the forefront of fighting slavery the demons were prominent abolitionists and leaders of the Middletown free black community in the 1900. Some residents today are hoping to see a new public school bear the name of that. Are you Middletown resident How do you think your city should approach its history when the conversation where we live right after the. Live from n.p.r. News ie in Washington I'm Jack Speer while decrying the House impeachment inquiry as a hoax President Trump is now teasing the idea of some of his top aides testifying if there is a Senate trial as N.P.R.'s Tamara Keith reports from London side of the NATO summit the president has repeatedly addressed impeachment while meeting with fellow world leaders President Trump is calling Democrats leading the impeachment inquiry to ranged a meeting with Canada's prime minister Justin Trudeau Trump was asked why he won't permit the secretary of state over his acting chief of staff Mick Mulvaney to testify on his behalf I'd like to but these are very good for us but he didn't rule it out down the line when it's there will be fair to say that I would love to have my I love him Mitch I'd love to have Rick Perry. And many other people this is what I want to testify with this is a total of 30 you know to think she is a search if it moves to the Senate for trial Republicans control the chamber Tamara Keith n.p.r. News London the House Judiciary Committee meanwhile is set to take the lead in the impeachment inquiry into President Trump's dealings with Ukraine N.P.R.'s wonder Johnson reports the panel will hold its 1st public hearing tomorrow as it decides.