Programs from our archives that focus on technology. Watch them in their entirety by visiting our website, book tv. Org and use the search function at the top of the major. First from march 2019, nyu Stearns School of business professor argues that Artificial Intelligence is giving too much power to big corporations. My job is to model risk for a living and i primarily focus on technology and i over and over come back to the same companies that control the lions share of patents, that have an extraordinary amount of money, that are able to attract the best talent because they have the best food. That much have the relationships with universities, and it doesnt mean that there arent other Companies Like salesforce or nvidia or uber that arent doing amazing things, but its three the Nine Companies that this throws. And it touches all of these nine. In addition theyre building the frameworks and custom silicon chips and the code basis, all roads lead to these Nine Companies and the challe
The dawning realization of what we are seeing across all of latin america, but, yes, it was a testimony of dr. Fauci. I would point out that an hour and a half before dr. Fauci spoke, there was very difficult inflation data, disinflation the, deflation data in United States of america, and that seemed to shift the mood. Francine and also it is , a pretty bigood plunge, and a lot of people say this is only a taste of things to come. Thats get to first word news in new york city with richie but the lets get to first word news in new york city with ritika gupta. Tolda the head of the cdc the committee that the u. S. Is not out of the woods yet on from. Anthony fauci warned that communities that ignore guidelines for reopening are in danger of new outbreaks. He said he has a confrontational relationship with president trump. We are waiting to see if Jerome Powell gives anything away about what he will do next. Time, he. M. New york may announce doing something about mass unemployment. He d
Headline, governor bailey with a negative two year yield. Francine there will be no money for my kid because as soon as i can, i will be spending it on childcare. I asked him whether negative rates was something he would consider. The change in tone between him and his predecessor is stark. Governor carney always saying absolutely not negative rates for this country. Andrew bailey who has been in charge for about two months, kept the door opened, saying probably not now but because of the severity of what we are facing he will not rule anything out. There is a change in tone on what they can and cannot do. Seeinge changes we are from tuesday into this wednesday, chairman powell with adam posen and the Pearson Institute at the Virtual Conference today, that will galvanize global wall street. Jack ablin here with us in a moment. Here is ritika gupta. Ritika we are waiting to see if Jerome Powell gives anything up about what he will do next. He may call for congress to do more to combat t
Its down 207 but the russell 2000 has the biggest percentage loss. The small and midcaps are getting creamed, down about 3 right now for the russell. Powell tying an economic recovery to a Covid Vaccine and therapies that can cure horrific symptoms including a disturbing new lifethreatening clotting disorder like the blood clots that cost a broadway star his leg. Enter the biopharma ceo mike sherman, here in a fox business exclusive on his new anticlotting covid drug thats on the fda fast track. Boy, are they moving fast. Plus as the covid outbreak destroys huge retail names, its actually bringing back one from a near coma, at least the stock. Speaking of stock, its overstock. Com, not just alive but actually thriving with triple digit sales increases. Overstock ceo Jonathan Johnson here in a fox business exclusive on the steps hes taken to fill a leadership vacuum left by the controversial former ceo, patrick byrne, and the problems of coronavirus. Plus bring on the quarantinis. Alcoh
Governor newsom today. Record job losses. A massive state deficit to the tune of 54 billion. To bridge that gap, the governor posing billions of dollars of cuts for the next fiscal year. Heres the governor proposal, 203 billion, it represents a 5 decrease in spending from this year. Governor newsom is asking the legislature to approve 6 billion in cuts, so where does that money come from . State Union Workers could see a 10 pay cut. Some Health Care Coverage under medical like dental care could go. K12 and Community College budgeting will be dropped and the uc and cal state systems could see a 10 cut. Even with the proposals, the governor says protecting Public Education is a top priority. Rond handa shows us at robert handa shows us at least one School District is not sold on the Governors School protection plan. Reporter the governors message did seem to get optimistic for Public Education but here in this School District the superintendent did not share that optimism. The allen rock