Year of running the electric truck maker. And why and and why a familiar face is taking the wheel. Abbas on an amazon reporting apple and amazon reporting quarterly earnings, its market cap now below 3 trillion u. S. Dollars. A lost that market cap around. The other end of the scale, amazon up 11 on an intraday basis on track for its biggest jump since november, a beat across the board. We will dive into the earnings of both companies but i want to start with apple because this is a really big change of sure. Softness for iphone in the fiscal Third Quarter gone, over new rev overall revenue beat expectations but it fell 1 yearoveryear. That makes it the third consecutive quarter that apple is seeing a year on year sales decline. You see that on the far left inside of the chart. That is the biggest run of the kleins on sales dropped since 2016 but you go back 20 years, all the way over here. If we get another year on your Quarterly Sales decline for a fourth consecutive quarter, that is
Anymore but were straight out into this week. This is happening, whether you like it or not. You and i had a big night. Okay. Hi, im shawn tempesta. Im j. J. Before we get to our big night, ryan lochte this u of h a really big night. It is all over the news. Wow i didnt see that shot dancing with the stars premiere started with a scare right after olympic swimmer ryan lochte performed. Pro the stage as he was getting a critique from one of the judges. Security grabbed the men quickly, took them into custody. Its believed a couple others were yelling antilochte chance. I would assume they are from brazil perhaps gas station owners and i cant verify. We dont know. This is crazy. Can i tell you my favorite part about this video . I watched a lot of the video. The look on her face was then her eyes were like whats going on . Exactly. Tom bergeron, watching it all go down. Hes like, wow. Wow. Okay. All right. Well, were going to go to break. Just so smooth. Like he had the whole thing under
In the United States i am sure you are very aware that we are in the midst of significant budget battles and dysfunctions one might say, and for those of us who watched defense we are particularly the implications of that for u. S. Defense strategy and planning. Im wondering how you would describe the cuts in defense in canada. I dont think you have quite the political environment we do right now but surely you must have the same sense of general interest in how canada plans to go forward and again strategically where canada wants to be in terms of its role in the world and how to underwrite that with military capability. I would love to hear a little bit about the efforts underway in canada including your own defense reform initiative. That looks to cut inefficiencies to free up some funds. Good for you youve got the name right. The defense renewal team has worked a year. One of the first tasks in taking on this position was the direction to maintain everyone and the numbers that i ha
A day else a portion of the sheriff shared lending to small and microbusinesses. Because of that 4 billiondollar investment in 332 institutions across the Country Community banks or cdfi loan funds, we have seen positive returns for taxpayers so this is no cost to the taxpayer and we are also seeing that lending has increased by more than 10 billion so we take that 4 billion investment. As a result the institutions have loaned more than 10 million above and beyond the lending that they were doing beforehand. What that actually turns into is around 41,000 new loans to Small Businesses. It also means that of those loans, i think we are somewhere around 65 or 70 of those loans were below 100,000, so these are actually loans that are going to the smallest of Small Businesses, not midsize businesses that getting the businesses that are going to be the job creators and are the job creators. We also invested through another program called the state smallbusiness Credit Initiative 1. 5 billion
The American Enterprise institute beginning at 1 30 p. M. Eastern here on cspan2. Cspan, created by americas Cable Companies this 1979, brought to you as a Public Service by your television provider. Host and best selling author tom standage has a new book out, and its called writing on the wall. Tom standage, what do cicero and twitter have in common . Guest well, the idea of the book is that social media is a very old idea. We think that its recent and only people alive today have ever done it. But really what im arguing is theres a very long and rich tradition of social media that goes back to the era of cicero, so thats the First Century b. C. , and the point is that you dont need a Digital Network to do social media. If you have one, it goes faster, but you could actually do it in the old days. Cicero did it with papyrus rolls and ore members other members of the roman elites were linked to him and all spoke to each other, and its very much a social environment. But there are many