Just out he says that we know we need to take the time to get this right. And he expects that the time between now and the launch period will be an open process and he acknowledges that it will be subject to Regulatory Oversight and review he also says that he agrees with the concerns of fed chairman jay powell, that reviewing libra needs to be a patient and thorough process rather than a sprint to implementation david marcus also calls Economic Empowerment one of facebooks core values. Thats why theyre participating in the development of this currency he says and emphasizes that libra will be a payment tool and not an investment. He likens it to cash rather than to boyitcoin but he also lays out the danger of failing to act. He says that if the u. S. And facebook does not take the lead on this issue, we could soon see a Digital Currency controlled by others, whose values are dramatically different so there you see david marcus agreeing that the organization that will create this Digit
Today. Road map begins with apple. Shares falling after that first revenue decline for a year since 2001, but its cash hoard swells to a new record. Cocacolas poised to open higher, this after a quarterly beat. North america showed signs of strength, and that did offset sales weakness abroad. And shares of chipotle and panera going in opposite directions, both reporting earnings. Were going to break down those numbers. But first, apple shares falling. Quarterly earnings did beat consensus but profit and rove knew fell for third consecutive quarter as apple sold fewer iphones than a year ago. Apple is banking on iphone 7 to boost holiday quarter. And on last nights Conference Call tim cook talked about prospects for growth in china. Its very hard to gauge demand, as you know, when youre selling everything youre making. And so well find out more through the quarter, but were confident enough to give you guys guidance that were returning to growth this quarter, which obviously feels very
Homework to students, instead asking parents to spend quality time with their kids. How much homework is too much . Should schools eliminate homework . We have special lines for todays question. Parents can call 2027488000. Teachers can call 2027488001. All others can call 2027488002. You can also reach us on social and also onitter facebook. Sent home tot was secondgrade students in texas sparked a debate about how much number is too much. Thats how much homework is too much. Said after Much Research the summer, im trying something new. Ofework will only consist work you are child did not finish during the school day. That is the note that went home to some secondgrade students in texas, sparking a debate as to how much homework is too much. A debate that is playing out in the headlines, including from the Washington Post. Out parents are just opting saying this was a moment, a fiery moment in the debate over education and how students spend their time. Arents can call 2027488000 teac
The website Gurufocus.com tracks the stock picks and performance of a few dozen famous investors. In the past five years, half a dozen of them had annual returns exceeding 17%. Ron Baron leads the parade. His Baron Partners Fund had a 31.2% annual return. In today’s column, we’ll take a