And george mason university. Hes a Bloomberg Opinion columnist and has written regularly for the New York Times and contributes to a wide number of newspapers and periodicals. His previous books include the class and great stagnation. In his new book big business, he examines the tension between the lack of trust in big business snd big businesses in the American Economy. He argues that corporations despite americans ambivalence towards them are inessential and balanced, productive and Oppressive Society by spurring innovation, rewarding talent and hard work and created the bounty on which americans have come to depend. The Deputy Editor of Harvard Business review writes tyler cowen mounts a defense of big Business Finance and the tech industry. Both of their critics and defenders will benefit from b ts book. Cowen will be joined in conversation tonight by edward, u. S. National editor from Financial Times and author of the retreat of western liberalism. Please join me in welcoming eit
After todays magnificent run the dow gaining and s p gaining and nasdaq 1. 5 maybe we shouldnt lend so much credence next time some indicator flashes red when tenyear treasuries were giving you it, experts came on the air and said a recession is insev inevitable and you should be afraid thats no way to make decisions about your money i explained over and over again you get a much better read by listeni ing to conference callsf individual Large Companies they said consumers are liable now look what happened yield curve on friday, if you took your queue from the panic and sold everything, you got burned thats the problem with following the big data an inverted yield curve may mean a recession but tell that to tens of thousands of people that shop at walmart every week the president gave walmart a shout out. Ups delivers hundreds of amazon boxes every day and tell it to the geeks at visa and mastercard or apple where the Service Revenue stream keeps growing the companies are seeing a sign
Carl jon, that was one of your better dad jokes morning, guys. Good to see you both weve talked so far this morning about production in manufacturing, talked about infrastructure this hour, obviously, youve got to ask the question whether or not we will one day be talking about vietnam as a true high tech hub its true that apple has components made here sharpe, intel, lenovo has component make heerg fing here a while. Was its that final assembly that is so hard to do and requires so much education that vocational schools like this one are in huge demand here. The government has vowed to train 2 million kids over the next several years we talked to one of the professors about this training, and he said, because the students who do graduate are getting snapped up like mad. One of those companies is samsung, guys. Thats one of the big stories here in vietnam. They came here a while ago back in 2014, invested 3 billion in an industrial park, 250 acres, 60,000 employees, which is now one of
Welcome to the whole story. You may have noticed dining out right now is different than it was before the pandemic. For one, there are fewer restaurants. An estimated 70,000 fewer since covid 19. Higher prices and sometimes added Service Charges that many restaurants say our final to keep them running. More restaurants are Offering Takeout and delivery services. Restaurant and had to adapt and evolve in order to survive. One of the establishments that didnt survive was bobby flays longtime new york restaurant got two. He close the doors days after the lockdown began and that Experience Led him to think about who made it through the pandemic and why. Over the next hour bobby flay takes us to restaurants around the country from oregon to kentucky to new york and introduces us to some of the leading chefs and experts say that dining out has changed for good. March 2020. States are shutting down restaurants. That is a sector that has switched off overnight. Like so many in the restaurant i
March, 2020. States are shutting down restaurants. Thats an Industry Sector that switched all. When you look at big moments like that, how do you face it . What do you do . It was so not in our play book. Major d was telling people i know youre used to this, but thats a remarkable thing to have on a constant basis. People have been waiting for four hours. It was something i didnt have the strategy. We werent able to go to work or order food. No food in the Grocery Stores. But my Chicken Farmer saying now his business is wiped out and Big Box Stores are frantically trying to make deals with these guys. By the end of march, 2020, financial losses and Employee Burnout had taken a toll. Introduce yourselves. Did you close . We never closed. Which in retrospect probably would have been the smarter move for everybody. Because nobody knew what to do. Nobody knew what to do. I think our business was already on a lot of ropes. My per view showed me we were running on very archaic system. In New