The World Health Organization declares covid19 a pandemic so far, there are over 120,000 cases in over 114 countries. With over 4,300 deaths shocking news in the entertainment world, hollywood legend tom hanks and his wife rita wilson reveal that they have both tested positive for the coronavirus. Hared the news. He said they felt a bit tired, like they had colds and some body aches he said rita had some chills that came in wet, slight fevers as well. As for whats next, the couple is now in isolation and are being quarantined in australia centuries old tradition in peril, the st. Patricks day in new york was postponed for the first time in 258 years. The event was cancelled in chicago, as boston and dublin also drop the festivities. Meanwhile, in new york, the state is taking matters into its own hands hiring private labs to help with testing. More than 200 people have tested positive so far in new york. And millions of americans could get a tax break. The feds are reportedly consideri
Shopping for groceries in caracas crisis stricken business will raise is the minimum wage for the 6th time in a year but with runaway inflation how much will it. Plus all this week were celebrating the fall of the berlin wall 30 years ago soccer teams from the cities to higher ups faced off last week and today we look back on the 1st 3 uniontown soccer fans in the west back in 1990. Well im terry margin good to have you with us chinese president xi jinping and his french counterpart a man well mckown have issued a joint statement reaffirming their strong support for the Paris Climate Accord in beijing president mccall said the cooperation between europe and china on reducing emissions would be. Decisive as follows the trumpet ministrations move to start the formal process of withdrawing the us from the 2015 accord though she and michael have said the accord is irreversible. And let the other 2 quickly delicious milk over the past 2 years in the fight against Climate Change we have cons
Host so scott kupor, what does a Venture Capitalist do . Guest so basically what we do is we provide money to companies that are trying to grow and hopefully become very Big Companies like facebook or google or apple someday. If were doing our jobs correctly we are helping them grow the company so we dont work in the businesses but hopefully we can provide introductions, help navigate new challenges as they go through the business. We like to think of ourselves as a money provider and hopefully a supporter. Host why cant a company such as the ones you describe just go to a bank and go through traditional avenues . Guest its a good question. Most of the businesses we invest in our very risky businesses that will lose money for a long time as Investment Business and banks are not in the business of doing that or taking risk of losing their capital. We are willing to take that risk. About half of what we invest in we will lose all our money in. Any bank of you that idea to would not be to
10year yield at 4. 47. A lot of questions where the movement will be next and if we have seen the height of rates or not. Thats been a big question part of it weighing on the broader markets yesterday. Meanwhile, boeings slide after the cfo spoke yesterday and said the company would burn through cash this year the delivery of planes will not increase from the First Quarter to the Second Quarter as they deal with tproduction challenge. The price of ethereum pulling back after the runup this week. The si. E. C. Approved the rule change to pave the way for etfs that buy and hold ether. Specifically, the s. E. C. Order approves applications from various exchange to list eight ether funds. The order does not approve the funds or set a date for the etfs to start trading issuers are awaiting approval from the s. E. C. For the funds and it is unclear how long the process will take. This has been the week this was a buy the rumor and maybe not sell the news. Thats most of it ethereum is down 2