Stupid today on made well be examining a range of illusions in the economy im chris colfer welcome to the show now one big illusion that drives people in business is the notion that you can make a fast buck for a little work if someone promises that you should be suspicious my colleague went undercover to examine the world of multilevel marketing which has often been criticized as a pyramid scheme. Or. Sounds pretty cool the whole thing cost me 86650. 00 euros a month and ive never met anybody whos taken out more money than they paid in multilevel or Network Marketing 1st time i heard of it was because a good friend who had go involved with it and tried to sell me lets say some funny stuff. And it goes like this you become an independent seller of a product weight loss shakes make up your Financial Products just about anything goes you can make money by bringing people into the system on a percentage of their sales too but of course this cant go on forever every member recruits 5 new p
A fast buck for a little work if someone promises that you should be suspicious my colleague went undercover to examine the world of multilevel marketing which has often been criticized as a pyramid scheme. Or. Sounds pretty cool the whole thing cost me 86650. 00 euros ive never met anybody whos taken out more money than they paid in multilevel or Network Marketing the 1st time i heard of it was because a good friend who had got involved with it and tried to sell me lets say some funny stuff. And it goes like this you become an independent seller of a product weight loss shakes make up of Financial Products just about anything goes plus you can make money by bringing people into the system you earn a percentage of their sales too but of course this cant go on forever every member recruits 5 new people they in turn recruit 5 new people after 14 times there will be more people in the system than in the entire world. While im researching this i come across masses of offers like these its
And google gets an earful. The Search Engine rival blasts the company for requiring them to sign nondisclosure agreements to join the android option. Claims they are strongarming the competition. First to our top story. What a difference a day makes. Major markets have closed in the green after mondays recordbreaking losses. That follows increased trade tensions between the u. S. And china and the tech turnaround is partly due to apple, tesla, cisco leading gains. The s p closed up 1. 2 while the nasdaq closed up 1. 4 . But should tech investors be popping the champagne just yet . Joining us to discuss, bloomberg Senior Market editor michael regan. Should they . Mike i would not pop the champagne, but they can at least breathe a little bit of a sigh of relief. Tech was the leader on the downside yesterday, mainly because people saw that fix the chinese currency sunday night, monday morning china time. It was a dramatic move, the weakest fix for the currency on a percentage basis since
Works. All three indexes closing at Record Numbers. The dow rose 176 points to 26,966. The nasdaq climbed 61 and the aip 500 added 22. The third st record close. See seema modi has more. Reporter the markets are still going full steam. The s p 500 managed to close up record highs for the third day in a row. T and dow dodging itself first record close since october. Tech and Consumer Discretionary thoughts continue to be the years best gainers. Deals are hovering near threeyear lows andness that boosting real estate, utilities, and consumer staples. What is powering the rally . The trade tensions and Interest Rate cut this month. The market is geari up for a big rate cut and the Federal Reserve will react to a slew of weaker economic data. Now beyd the headlines, market internals are still looking strong. A thoughts near new highs and more stocks are advancing every day than are declining. As long as it holds off, t rally may not be derailed any time soon. Thnew highs of the s p 500 is
Equity. [laughter] and then, i started interviewing. I watched your interviews so i know how to do some interviews. [laughter] david i learned from doing my interviews how leaders make it to the top. I asked him how much he wanted. He said, 250. I said, fine. I didnt negotiate with him and did no due diligence. David i have something i want to sell. [laughter] and how they stay there. You dont feel inadequate now being only the second wealthiest man in the world, is that right . [laughter] david for the past several decades, Andrew Liveris has been one of the most important figures in american business. He served as ceo of dow for 14 years. Currently, he is involved in a number of business endeavors, including chairman of lucid motors, and as an advisor to a sovereign wealth fund. I sat down with him to discuss his accomplishments and future ambitions. I have interviewed many Business People on the show, but rarely anybody who has as many interests in so many different continents. You