One is the public purpose of business but i also want to shift the mindset of the Business Executives what they believe to be true and designed the businesses to achieve both of these are in pursuit of Better Business outcomes and rogers brandnew just released today book, thank you for being part of this. His new release is in this domain called when more is not better overcoming americas obsession with economic efficiency. Both alan and roger are known to many of you. Martin is professor and dean of the school of management at the university of toronto where he started the force behind the prosperity institute. The author of any number of books we will put in the chat a biography you can learn more about and finally alan thank you for joining us. The chief content officer at fortune. His ceo column how i start my day every day. We posted the biography is in the chat and alan is going to engage the audience in question and you can pose in the qanda box after we have the opportunity to
Thats the worst performance in two weeks. The dow has been down. Nasdaq have been down five out of six the tech selloff was worst it continued down 3 led lower by stocks like apple the same old story big volatility coming. Those are really the tail thats been wagging the dog for a while. Youll see the nasdaq is lower once again the other two averages hanging in there the s p on the flat line nasdaq down another 50 points. Fur watching what is happening over the last two months they closed. Dow at the lowest level since the third. The 10year sitting at 0. 66 the story that seems to never end, tiktok. Here we go the owner bytedance applying for an export license in china as it pushes for a deal in oracle and walmart. They did not mention the pending deal and technology it was seeking to support calling the deal dirty and unfair they have no reason to approve it all of this raising questions about that prospect and what that would ultimately look like. What happened earlier in the week we
Up next remarks from bank of america Ceo Brian Moynihan on the state of the economy in the us financial system. Other topics include capitalism and crypto currency as well as banking trends among millennials and jens hes, this is hosted by the city club of cleveland. Good afternoon, we are devoted conversations of consequence that help democracy thrive. It is thursday, june 29th. Im the chief executive here, daniel moulthrop. Im here to introduce our speaker, brian moynihan, ceo of bank of america. The country and world grapple with the aftermath of the pandemic, inflation, supplychain disruptions, the Banking Industry has felt its share of volatility. In march, several small to midsize banks failed leading to a chain of events we refer to as the 2023 banking crisis. On top of this, the widespread calls for increased equity, access to economic opportunity, increasing reliance on emerging technologies, evidence the world of banking and finance is changing quite a bit. Brian moynihan bec
Good afternoon and welcome to the city club of cleveland where. Im the chief executive here ad its my privilege to introduce our speakertoand to ask him a few questions as well. Brian moynihan, the c. E. O. Of bank of america. As the country and world grapple with the aftermath of the pandemic, inflation, the Banking Industry has felt its share of, well call it volatility. In march, three small to midsized u. S. Banks failed, leading to a chain of events that we now refer to as the 2023 banking crisis. And on top of this, add to this the widespread calls for increased equity, access to Economic Opportunity and the increasing reliance on emerging technologies, its evident that the world of bank and financial is changing quite a bit. Brian moynihan becamed c. E. O. Became the c. E. O. In 2010 which feels like a century ago. It was a long time ago. Its the Second Largest Bank in the u. S. Youre all wondering whats the first, its jpmorgan chase. He lead as team of approximately 215,000 emp
Business news live from singapore. In his first trade move against asia, donald trump slabs tariffs on solar panels and washing machines and the indian Prime Minister Narendra Modi willjoin the worlds political and Business Elite at davosin political and Business Elite at davos in switzerland this week, but what does he want out of this gathering . Good morning, asia, hello, world, but i glad you could join us. Hes talked about it for a while but as part of his America First trade policy us President Donald Trump has approved ta riffs President Donald Trump has approved tariffs on imported solar cells and large household washing machines. The move is expected to impact chinese and south korean manufacturers and is widely seen as the first trade move against asia. For more im joined by my colleague and Business Reporter timothy mcdonald. Tim, this is a tough new trade policy from the Trump Administration. Ina way administration. In a way its not exactly a new policy, they are existing p