Moment or someone will be caught offguard. There will be several rounds of questioning after the Opening Statements. We have seen the testimony of all four of the ceos. There is a similar theme. These ceos are emphasizing that they are facing competition all all on all fronts. Tech is the most Competitive Industry in the world. In every facet of every business they run, they talk about how they face competition. Mark zuckerberg focuses on china saying that if there is too much regulation, that will give Chinese Companies an advantage. The ceo of alphabet talking nott how google does necessitate competition. Tim cook talking about the app store, the opportunity that it has given companies around the world and the fact that the vast majority of apps in the app store are free. Jeff bezos his testimony is different. He talks about a personal story. How his parents invested in amazon in the day. A truerican has american story. This is a first time we will see him testify before congress. He
Lot going on as stuart did tell you that whole hearing where the tech giants will gather virtually at least. It is parked back maybe half an hour. I was doing back of the napkin guesstimating on their wealth. That is on, i think is worth about 180 billion. Our Charlie Brady follows this thing would know to the penny. I think it is roughly about that. Mark zuckerberg facebook, close to 90 billion, close to 2 billion, tim cook of apple, thanks to appreciation of that stock, he is at around 2 billion. So lets say you were to add all of this. These are numbers. I added it all up. That is 272 billion collectively. These are among the richest men on the planet, particularly when it comes to bezos and zuckerberg. But putting companies combined market cap at north of 5 trillion. If you were to add microsoft to that bunch, microsoft will not be part of this hearing. They represent the five most valuable companies in the world. Isnt that amazing . Youre welcome america. We have this delay. We ha
Fukuoka, and hiroshima prefectures overnight raising river waters nearly to the point of overthrowing. It also means a strong possibility of landslides. Already hard hit areas wont see any relief soon as the search continues for more than a dozen missing people. 72 others have died. This weather expert says the rain that hit kumamoto e earlie thisis month poured in like a river and spread overr an area s wide as 500 kilometers and carried more than 500,000 tons of water vapor per second. Transnslator the amazon, th Worlds Largest river, carries about 200,000 tons of water per second. A rough estimate of twice that amount was flowing into the region. The situation has not changed much, so we can still expect a substantial amount of vapor to flow in. In the aftermath of the intense rain, communities are also pulling together to help those in need. Officials say more than 14,000 homes and other buildings have been damaged. Chinese media say heavy rainfall along the yanghtze has left 140 p
Policies. At 9 00, a discussion on the 75th anniversary of the battle with edward and i and owen connor. National museum of the marine corps senior curator. Host good morning. A three hour washington journal is ahead and we will talk about the state of u. S. Manufacturing and take you to the National Museum of the marine corps for the second stop of our museum tour. We begin the question about who should get credit for the state of the u. S. Economy. The current and previous occupants of the oval office claimed credit for the robust u. S. Economy. This morning, we put the question to you. Republicans, the phone number is 2027488001. Democrats, 2027488000. Independents, 2027488002. On can also catch up with us text message. That number, 2027488003. If you send a text, please include your name and where you are from. Otherwise on twitter it is cspanwj and on facebook it is facebook. Com cspan. A very good tuesday morning. You can start calling in now. We take you to the headline in usa t
206,000 manufacturing jobs over all of the last 12 inmonths. And this is in a private sector economy that has added about 2 million jobs over the same period. So you see thats lagged far behind the rest of the economy. There is about a one and a half year boom during the Trump Administration, but that has dissipated. In over the past few months in particular we have been losing manufacturing jobs. What do you point to for that leg . Thats a great question and there seems to be a couple of trends. There has been some uncertainty that has come around as a result of the trade i policy. I think the trade policy has had some benefits but has also added some uncertainties to businesses. They are reluctant to invest and that means and other things are not getting purchasedur and it has a spiral effect in manufacturing. You have seen an oil and gas, ironically when the prices for oil and gas go down a little bit, that means there is probably reduced employment in the refining and other sectors