The n95 mask. Will he or wont he sport one . Thats the least of our interest here. We will take you there as soon as it begins, because there may be some big news. As wall street looks at a second straight day of gains, investors are ignoring what we all know has been a pretty stunning economic slowdown. As american businesses, though, begin to crack the door open amid the coronavirus, will that bring fresh oxygen to u. S. Growth . Glenn hubbard is the dean emeritus at the columbia Business School. Hes here in a fox business exclusive. We will ask him when he thinks americas economic engine will begin to hum once again. And the buffett blowoff is still grounding the Airline Stocks. The major carriers, certainly. As the oryacle of omahas exit from the sector brings cloudy skies for major carriers, its opening a clear runway for private jet companies of all different kinds. Okay, dont roll your eyes until you hear what the membership fee is for setjet. The ceo, tom smith, is here in a fo
Time we are spending lots of sunshine and high class out there are per fifth is on the coast and it is 60s for the base here we will have the full report in just a bit. In a bid to develop the news we have to shoot out at the airport this morning there the issue was at Las Angeles International airport appeared a man with an assault what will apply for inside term of three approach people appeared a 39 year old tasa officer was killed at the las angeles airport. The gunman had been identified as paul anthony who is 23 years old he is a u. S. Citizen formally a resident of new jersey. We are currently investigating his background and more about him. Like the incident raised some questions about security inside the nations airport especially like the alaexpo airport. The las angeles airport is one of those tough airports that isnt very big. Sources said the shooter was sending Text Messages to his family in the jurors complaining about his life in las angeles. Allied the officer that was
The airport. We have agreed we would never be permitted to do that even if we wanted to. Were not going to be able to expand our airport. Our new economy is dependent upon International Flights increasing. We cannot get more International Flights into San Francisco unless we move the l. A. San francisco commute off of the airlines and on to highspeed rail. 1 3, that is what were betting on. If we can get highspeed rail out there and move that off, we will include increase our air flights. That is our theory. I believe strongly in that. We have 10 of the largest cities in california in agreement with us that we will be the northern terminal for highspeed rail reading l. A. And San Francisco. A lot more details to be had. Palo alto wants us to work with them on the first phase. We will do that and respect the needs of the peninsula as we move along. The ultimately, we will get to highspeed rail. That will be a benefit. That is my economic argument for why we need highspeed rail. It is im
Expand our airport. Our new economy is dependent upon International Flights increasing. We cannot get more International Flights into San Francisco unless we move the l. A. San francisco commute off of the airlines and on to highspeed rail. 1 3, that is what were betting on. If we can get highspeed rail out there and move that off, we will include increase our air flights. That is our theory. I believe strongly in that. We have 10 of the largest cities in california in agreement with us that we will be the northern terminal for highspeed rail reading l. A. And San Francisco. A lot more details to be had. Palo alto wants us to work with them on the first phase. We will do that and respect the needs of the peninsula as we move along. The ultimately, we will get to highspeed rail. That will be a benefit. That is my economic argument for why we need highspeed rail. It is important for our future. Automobiles, bicycles, and pedestrians are having problems on the street. They seem to have a
we have the controller coming out with ideas. they have interviewed major industries to find out what we can replace it with. there will be some kind of version of a gross receipts tax that i think will end up being some sort of hybrid of that that comes out to as much agreement as we can. i think the biggest lesson there is we re keeping everyone in the room, from the established chamber of commerce members, technology companies, people who have been here for a long time, to small businesses who want to make sure we are streamlining things as we go and discover a better taxing system. i have mentioned before job training and placement. not only have the tech companies recognized the need for training, but even our u.s. department of labour. they have recognized this industry needs more training for people. if we are going to hit the veterans when they come home, made a career folks to get into the technology, we need training centers. a month and half ago, the u.s. departmen