Business advisor and is countrily teaching as an adjunct professor of law at george town, university. Today hes with us as a moderator and friend of our keynote speaker so while mr. Carter makes his way to the stage, with its my pleasure to introduce captain gorber are born in paris. [applause] never a bad thing to be born in paris. And in 2001, a naturalized american citizen, after which he became flow bobary joined our army in 2008 and twice employed to afghanistan it was during his second gloiment that captain tackled a suspicious local man making his way toward one of our patrols setting off the mans suicide vest. Four dieded but many were spared as a result of his swift action. But captain spent three years in recovery. His book eight seconds of courage recounts early life in france truly tough army ranger training, and the courage that brought him to take the brave action that saved those many lives how can we thank a man who have own sense of responsible inspired him to take tha
Gregory Vice President of programs for the World Affairs counsel and the chair of this Conference Planning committee paid thank you for all your hard work. [applause] good afternoon. Everybody well fed i hope. Joining us at lunch today is Phillip Carter senior fellow and director of military veterans and Society Program at the center for a new american security. His research focuses on issues that face veterans and military personneld, force structure and readiness issues and Civil Military relations. His most recent article what america owes its veterans was published in its currentha issue of Foreign Affairs magazine. Serving in iraq from 2,522,006 as an adviser to the state department for Reconstruction Team mr. Carter returned home to an increasing involvement in Veterans National affairs. As a civilian he has worked as in the private sector as an attorney and business adviser and is currently teaching is an adjunct professor of law at georgetown university. Un today he is with us
Continue its consideration of hr1628, the American Healthcare act of 2017. As i had committed to each of your members of this committee at the end of our over 12hour plus initial hearing on this topic, i had once again invited expert witnesses who would be available not only to testify with us before today but also on the managers amendment that was submitted last evening to the rules committee. I want to thank the gentlemen from montgomery, texas. Is that spring, kevin . The woodlands. Yes, sir. I want to thank both of you for getting up. Hes use today getting up early. I did a paper route. My early radio days. Except im better dressed. I want to thank both of you for being here. It obviously is necessary for the end of a professional product thats being done. In all seriousness, we appreciate you taking time to testify on this fourpage amendment and to explain thoroughly what it does, why its necessary and more importantly some of the impacts that you believe will be attached to it.
We will discuss the markets in full detail in just a moment. Also want to let you know we are waiting on the president to make those comments from the white house on those new regulations regarding tax inversions, ones that have seemingly put that pfizer and allergan transaction, 160 billion transaction, in jeopardy at this hour. We will follow that story. We will take you live to the white house and we will discuss the broader ramifications of it as well. But lets begin with the markets. Stephanie, you do have the market. The dow heading for its worst twoday decline since february. Brent and wti are rolling over today. Is that what the rally hinges on . Well, i think we are waiting for earnings. Its always a tricky time between earnings because then we get so absorbed in the macro. Im actually looking at the dollar, looking like its peaked. Oil looks like its in a training range. Its not collapsing, its kind of stabilizing and in a range. Interest rates are low so i think thats a good
Smartphone maker. Samsung losing ground to apple. And some some electronics posting the biggest drop in quarterly profit in almost five years. Is as samsung struggled to maintain its leadership in the smartphone business. Its other divisions are now putting these in the spotlight. The Company Announced yesterday it plans to build a 15 billion chip plant in south korea. For more on samsungs involving our guest joins me now. In mu of the smartphone sales, the chip business is doing well. It is. One of the things happening with chip sales and specifically memory is that you have a consolidated market. You have fewer suppliers. There is not much supply coming on line, and as a result prices are controlled. And demand is ok. Lots of memory going into smartphones and tablets, and even the pc business. The good old pc business. Exactly. They are not dead yet. Fewer players control pricing, and so they are doing fine. As one business struggles with samsung, they are trying to pivot to the chip