Im jamie colby, in ocean city, maryland, an irresistible atlantic resort town known for its golden beaches and this historic boardwalk. Now, the population may read 7,000, but more than 8 million visit every single year. And im here to meet a family that has a strange inheritance thats been an icon on this boardwalk for more than a century. Hi, doug. Hi. Im jamie. Nice to meet you. So nice to see you, too. Your family really is so well known here. Yeah, im afraid we are. Yeah, weve been here a long time. A long time, indeed since 1890, to be exact. Doug trimpers greatgrandparents daniel and Margaret Trimper purchase two city blocks of oceanfront land. They start with a pair of small hotels but in 1902 decide to risk everything on a new attraction. Daniel wants to bring in a ride unlike any seen before in maryland. He orders a massive carousel from the herschellspillman company. With a diameter of 51 feet, the merrygoround is one of the largest built up to that point. How special is the
We have appreciation of the yen which is exacerbating the problem in some senses as it makes exports less competitive. Theres a correlation between the strength of the yen and what happens on the knee cape or its of the stronger the yen gets the weaker the nikkei. Where sing a little bit of that today. The 200 lurched lower, led by those banks, increasing the amount it was going to charge itself for these complaints coming through for customers being a miss sold products. That stock is down and dragged the market down as did the broadsides from the reserve bank. In the four big banks. Australia passing on the Interest Rate they have been instituting. 10 year yields now 1. 59. 16 basis points loss in the last two days. Year. Or the 10 a rally in place as people look for a safe place to put their money. This is the position for gold asures, above 1500 here well. Down a fraction at the moment. The yen appreciating their against the dollar and their ego , perhaps limiting things a little b
Resigning after a spy probe. And we are getting a read of how much people are planning to spend on the holidays this year. The internet has changed everything Worldwide Exchange begins right now. Good morning, good afternoon, good evening welcome. Im Brian Sullivan welcome to the Fourth Quarter. The first three months have been an adventure of a lifetime the s p 500 jumping 19 in nine months that is the best performance for the first three quarters of the year since back to 1997. The First Time Since then that the total returns was more than 20 for the first three quarters of the year, going back to 1997. We meleer right on to that futures up 92 indicating more gains ahead. At the end of the show today, we always do the rbi, random but interesting. We are not going to do that today. Call it an entire hour of rbi. We are going to show you starts of the run and bonds have been a stand out as well. Bonds have gone up considerably. Yields have come down. Weve come up but we are still at 1.
Average in Silicon Valley. Sharing house committees facing the challenges and introducing us to a new friend please welcome bastian. [applause] hello. Hello. Welcome. Thank you. The Business Model is Pretty Simple. There are a few other Delivery Companies out there that have gotten pretty big as well but you guys focused on innovating in certain areas and can you explain a little about how your approach innovation . Good morning, first of all. Thank you for having me. Excited to be here. Look, we simply like to compete not dollar for dollar but with innovation as you mentioned and i think, in many cases, the smarter way to compete. Money is one angle and its an important one but if you are not the most wellcapitalized player in any space that are operating and you have to find alternatives to compete. That is what we do as a company at post mates. One of the innovations that we have, i think, we brought it for today. We believe that there is a piece of the network that we are building
Average in Silicon Valley. Sharing house committees facing the challenges and introducing us to a new friend please welcome bastian. [applause] hello. Hello. Welcome. Thank you. The Business Model is Pretty Simple. There are a few other Delivery Companies out there that have gotten pretty big as well but you guys focused on innovating in certain areas and can you explain a little about how your approach innovation . Good morning, first of all. Thank you for having me. Excited to be here. Look, we simply like to compete not dollar for dollar but with innovation as you mentioned and i think, in many cases, the smarter way to compete. Money is one angle and its an important one but if you are not the most wellcapitalized player in any space that are operating and you have to find alternatives to compete. That is what we do as a company at post mates. One of the innovations that we have, i think, we brought it for today. We believe that there is a piece of the network that we are building